Andrew Bacevich: Washington in Wonderland, Down the Iraq Rabbit Hole (Again)
The many false and self-defeating premises behind our continued intervention in Iraq.
Read more...Category Archives: Banana republic
Unresolved Allegations of Criminal Insider Trading Leaks from the Fed
A segment on yesterday’s Boom/Bust program discusses the still-open inspector general criminal investigation into leaks from the Fed.
Read more...Time to “Fire” Mary Jo White: SEC Covers Up for Bank Capital Accounting Scam Promoted by Her Former Firm, Debevoise
Pam Martens and Russ Martens published a mind-boggling expose yesterday on how the SEC is refusing to stop an abuse by major banks that increases systemic risk.
Read more...Gaius Publius: ISDS Provisions in TPP Violate Article III of the U.S. Constitution
There’s a growing recognition within the legal community that the ISDS provisions of treaties like NAFTA, TPP, many trade agreements already signed and almost all agreements going forward … may well be unconstitutional
Read more...Call Your Representative to Oppose Administration Ruse to Keep TAA/Fast Track Alive
After a decisive defeat on TAA, a provision which needed to be passed to secure Fast Track approval, the Administration is trying to secure a stealth reversal.
Read more...A Billion-Dollar Bank Fraud in Moldova, and 20,000 Opaque British Corporations
The role of UK Partnerships in a $1Bn bank fraud in Moldova
Read more...Joe Firestone: TPP – Fast Track, the Next Rounds In Congress
An explanation of the votes on TAA and Fast Track last week, and the options open to the Administration for trying to reverse this defeat.
Read more...The Operational Issues of a Grexit Part Two: Organizational Capacity, Capital Controls and Bootstrapping a New Monetary System
Economics, law and politics are all crucial to the story of Greece, but in the moment of default or Grexit they take a back seat to something far more important: organizational capacity.
Read more...Greek Talks Collapse, Default Looms
Both sides in the Greece/creditor negotiations have said they have reached the limits of what they are prepared to give.
Read more...Bill Black: Roger Cohen Laments his Inadequate Schadenfreude Because the Greeks Don’t Suffer Enough
Bill Black shreds a remarkably rancid anti-Greek screed.
Read more...Gaius Publius: Nancy Pelosi Got a TPP Talking-To from Her Caucus, Plus Where We Are on Fast Track
TThe vote today on Trade Adjustment Assistance is set to begin in the House at 11:00 AM. If it fails, Fast Track will not come to a vote and TPP will be dead. TAA is in trouble and your calls could make the difference. Call your Representative this morning, and if you can, enlist friends, family, and colleagues.
Read more...Joe Firestone: Fast –Track: It Looks Like It’s In Pelosi’s Lap or Maybe Not!
This post presents the latest whip count on the Fast Track vote and how support is weakening among Republicans. Please keep up your calls to Representatives against the bill. You can find phone numbers here.
Read more...“If You Are Not Building a Nation, Then What the Fuck Are You Doing?”
How arrogant ignorance has squandered the US position of world leadership.
Read more...Creditors Reject Latest Greek Proposal, Tsipras Meeting with Merkel and Hollande in Doubt as Default Risk Rises
Greece’s creditors are not pleased, and perhaps more important, the Greek government has lost one of its few remaining advocates, Jean-Claude Juncker of the European Commission. The Eurocrats are finally waking up to the degree to which the two sides have talking past each other. The implication is that it is far less likely than they had believed.
Read more...TPP: Don Beyer (D-VA) Puts “Free Trade” Above National Sovereignty and Democracy
Debunking “free trade” and other spurious defenses of the multinational enrichment, democracy stripmining programs known as the Trade in Services Agreement, the TransPacific Partnership, and the Transatlantic Trade and Investment Partnership.
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