How the Fed Created the Post-2008 Global Safety Net for Banks
The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies.
Read more...Category Archives: Media watch
Davos Man Says ‘Total Transparency’ For You
The word transparency is being defined in an effort to further prevent citizens from demanding it of governments, NGOs, and major companies.
Read more...15 Dad Jokes that Are Actually Funny
“A horse walks into a bar….”
Read more...Stephen: Naked Capitalism – Your Torch Through the Media Murk
How Naked Capitalism helped one reader realize how much he wasn’t being told.
Read more...Desperately Seeking Entertainment
Why entertainment is not what is used to be.
Read more...End of the War, End of US Exceptionalism
John Helmer providesan epic shellacking of a new book on the Ukraine war.
Read more...Jobs Are Up, Wages Less So – and Lower Purchasing Power Could Still Lead the US into a Recession
Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
Read more...The Other Option for Containing Trump
Your humble bloggers risks getting herself in trouble by speculating about tail event level schemes to thwart Trump.
Read more...Zelensky’s Latest TV Interview Shows How Much the Ukraine Conflict’s Dynamics Have Shifted
Zelensky has moderated some posiitons as US and EU enthusiasm for Project Ukraine is falling. But don’t get your hopes up for an endgame
Read more...New York Times Bungles Page One School Ventilation Story through Lazy Reporting
Perhaps, after three years and counting of Covid, we should be grateful for any content that isn’t outright eugenicist.
Read more...The NYT & WSJ’s Critical Articles About Kiev’s Counteroffensive Explain Why It Failed
It’s now in the open that US and Ukraine were at odds about the much vaunted counteroffensive, even when it was clear it would not get far
Read more...Despite 4 Indictments, Trump Will Still Be the GOP Nominee
Trump won’t be over until he is over, and that will not be before the Republican convention.
Read more...KFF Health News Publishes Shameful, Self-Serving Story Advocating Unrealistic “Social Media” Approach to Bogus Insurer Denials Instead of Pushing for External Appeal
KFF Health News advocated feel-good but largely ineffective approaches to insurer denials, as opposed to effectiive reforms.
Read more...Ann Pettifor Explains Why Neoclassical Economists Are the Last People To Listen to on Climate Change
A well-warranted takedown of the irresponsible and destructive record of mainstream economists on climate change.
Read more...Stigler Center/ProMarket Hypocrisy: Published, Then Removed Post That Justified Anti-Trust; Bogus Excuses Demonstrate University of Chicago Failed Econowashing of Hard Core Neoclassical Stance
ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
Read more...