Richard Murphy: “First, Let’s Kill All the Accountants” – On Accounting’s Systemic Failure
Why taking accounting for granted is a really bad idea.
Read more...Category Archives: Regulations and regulators
Ten Years After the Crash, Some Progress, But Much More Remains to be Done
A reading of what has changed since the crash and what problems remain.
Read more...Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders
Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Read more...Donald Trump, Gun-Runner for Hire
Not only does America love guns but the Administration really loves gun merchants.
Read more...Plastics: Don’t Microwave, or Place in the Dishwasher
American Academy of Pediatrics highlights health concerns for children from plastics, and recommends reducing use of plastics, and not microwaving them or placing them in the dishwasher.
Read more...Medicaid Officials Target Home Health Aides’ Union Dues
Another attack on union funding.
Read more...The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks
Fracking companies are drilling too many wells in close proximity to one another, and when they frack the newer wells — known as child wells — those “bash” or “hit” the older wells, cannibalizing production and sometimes damaging the older well. The industry knows not how to solve this problem.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?
Why a Morningstar report on Uber’s IPO prospects does not begin to add up.
Read more...Ninth Circuit Orders EPA to Ban Chlorpyrifos Pesticide
Ninth Circuit orders EPA to implement a long overdue ban of chlorpyrifos, a pesticide linked to developmental delays in children and nervous system damage to people and animals exposed. Court previously had to order Obama EPA in 2015 to act on the issue; it’s unclear whether this decision will survive appeal.
Read more...Fracking Fracas: BLM to Open California Public Lands
The US Bureau of Land Management yesterday took first steps to opening 1.6 million acres public lands in California to fracking, ending a five-year moratorium on such practices.
Read more...Bill Black: Pre-Crisis “4506-T Studies” Showed Massive Fraud in Liar’s Loans; Fed Ignored Warning, DoJ Refused to Target Implicated Banksters
Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.
Read more...Court Rules that Portland Oil Terminal Ban Does Not Violate the Commerce Clause
The court ruled that the city’s ban on new fossil fuel terminals within its borders did not violate the Commerce Clause, which is the main argument the oil industry has used against bans like the ones in Portland, Oregon and other cities.
Read more...3 Blokes In The Pub…Talk No Deal Brexit
Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.
Read more...Inequality and Ordinary Living Standards in Rich Countries
How the evolution of the rise in inequality in the US has dominated and distorted economists’ and pundits’ commentary; data show that some pet generalizations don’t hold up.
Read more...The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response
Michael Hudson explains how we’re still in the crisis that started in 2007-2008.
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