In the last month or so, I’ve seen some remarkably dubious studies flogged around what Lambert calls the Innertubes, all ringing changes on the same themes: outsized pay for those at the top is a reflection of a state of nature. Fortunately, a new study from Lawrence Mishel and Alyssa Davis of the Economic Policy Institute has done the heavy lifting of shredding new, creative defenses of out-of-control CEO pay.
Read more...How Bill Clinton hurt the American middle class and US interests abroad
Read more...Fast Track authority, whose passage is tantamount to passing the TPP, the TTIP, and TISA, goes back to the Senate. Please call your Senators ASAP, particularly Patty Murray (D-WA), Michael Bennet (D-CO), and Ron Wyden (D-OR) .
Read more...If you worry about safety, stop fretting about terrorists and focus on the nasty intersection of rising social stress and widespread gun ownership.
Read more...A California county recognizes that the flip slide of banks being Too Big to Fail is that they are also Too Crooked to Trust.
Read more...The many false and self-defeating premises behind our continued intervention in Iraq.
Read more...A segment on yesterday’s Boom/Bust program discusses the still-open inspector general criminal investigation into leaks from the Fed.
Read more...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...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...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...The role of UK Partnerships in a $1Bn bank fraud in Moldova
Read more...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...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...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 shreds a remarkably rancid anti-Greek screed.
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