What Influence Does Wall Street Have Over Candidates Clinton and Sanders?
Clinton plays with figures to understate her degree of Wall Street campaign support, and that ignores past support to the Clinton Foundation.
Read more...Category Archives: Regulations and regulators
U.S. Corporations Don’t Need Tax Breaks on Foreign Profits
Why a proposal to lower the tax rate on corporate funds that are “offshore” only from a tax perspective is just another corporate gimmie.
Read more...Oxford City Football Club and its Onanistic Owner, Thomas Guerriero
Let’s start our latest illustration of how easily a reckless, internationally mobile crook can sidestep national regulators, with a helpful observation by Bess Levin at Dealbreaker in May 2010: Let it be known: if you are not interested in having your supervisor (circle all that apply:) send you videos of himself masturbating, texts about the […]
Read more...Pensions & Investment Editorial Savages Trustees for Failing to Perform Fiduciary Duty Over Private Equity Fees
Pensions & investments, in an astonishingly outspoken editorial, excoriated fund trustees for failing to perform their fiduciary duty and called for sanctions.
Read more...The Continuing Fight Over Fannie and Freddie, and the Real Problem of US Mortgages
How understanding the history of Fannie and Freddie, as well as how unnatural US mortgages are, helps explain why the fight over the future of the GSEs continues.
Read more...Debunking “The Big Short”: How Michael Lewis Turned the Real Villains of the Crisis into Heroes
How Michael Lewis’ The Big Short, whether for profit or by accident, has denied the public the truth about what really causes the crisis.
Read more...Gauis Publius: Making the US a Petro-State – White House Keeps Alive GOP Hopes for Lifting the Oil Export Ban
Why lifting the oil export ban is “appeasement” of Big Oil and needs to be stopped.
Read more...Timothy Geithner Corrupting Youth, Um, Telling His Version of the Crisis
In case living through the crisis and its aftermath wasn’t bad enough, you can hear Timothy Geithner’s version of events…at your expense.
Read more...Michael Hudson: The IMF Changes Its Rules….for Ukraine
The IMF has now been drawn into the U.S. Cold War orbit.
Read more...Even Bank Supporters Arguing for Restoration of Glass Steagall
John Dizard, who perhaps by virtue of being one of the Financial Times’ most original and insightful columnists, is relegated to its weekend “Wealth” section, has written a particularly important pair of articles. Note that Dizard’s ambit is not policy wonkery but apt and often cynical observations about behavior and trading patterns in less visible […]
Read more...Why Paul Krugman Blew It on His ‘Solution’ for Gentrification
One of the fallacies of proposals to limit gentrification is the idea that promoting more development in cities leads to more affordable housing. Stratified markets mean this is not a simply “supply and demand” problem.
Read more...German Financialization and the Eurozone Crisis
German financialization and input on the eurozone’s financial architecture promoted deficits, increased systemic risk, and facilitated the onset of Europe’s subsequent crises.
Read more...“Failed: What the ‘Experts’ Got Wrong about the Global Economy”
An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...Japan Proves that “Fix Trade” Sales Pitch for TPP, TTIP, and TISA is Wrong
Funny how foreign firms have failed to break into Japan for reasons having nothing to do with regulatory barriers, which calls the logic of “trade” deals like the TPP into question.
Read more...Board Member Reveals That CalPERS Engages in Systematic Violation of California Open Meeting Statutes
CalPERS’ CEO and its staff are engaged in systematic, flagrant, and apparently long-standing violations of California’s open meeting law, the Bagley-Keene Act.
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