“There Is No Alternative” to Managing the Economy and the Climate
Why the US needs to embrace an industiral policy to combat climate change.
Read more...Category Archives: Regulations and regulators
How Deep Is Boeing’s Hole?
A favorite saying of famed short seller David Einhorn is, “No matter how bad it looks, it’s worse.”. This appears particularly true of Boeing these days.
Read more...SEC to Relax Audit Requirements for Small Companies, Thus Facilitating Future Accounting Fraud
SEC proposes relaxing internal control attestation requirements for companies with annual revenues of less than $100 million.
Read more...Facebook’s Finance Fantasy Island Dreams
Facebook wants to become a big payments system player. Good luck with that.
Read more...As Oregon Sends Jordan Cove LNG Back to Drawing Board, Gulf Coast Projects Press Forward
Oregon state regulators dealt a blow to the proposed Jordan Cove Liquefied Natural Gas (LNG) project, refusing to issue a state water quality certificate, delaying the project; meanwhile, Gulf Coast projects proceed.
Read more...Why Charter School Proponents Have Lost Many of the Democrats Who Once Supported Them
Why some liberals are coling on charter schools.
Read more...Why You Should Back the Sanders/AOC Plan to Cap Credit Card Interest Rates at 15%, Re-Launch the Postal Savings Bank
A new bill by Bernie Sanders and Alexandria Ocasio-Cortez seeks to limit credit abuses and make banking more accessible.
Read more...Boeing’s Crapified Safety Culture: Airline Pressured, Overruled FAA Designees, Told FAA Late of Problems, Gave Inconsistent Stories to 737 Max Customers
The longer you look at Boeing, the uglier it gets.
Read more...Antitrust in American History: Law, Institutions, and Economic Performance
The Chicago School’s weakening of antitrust law hurt the economy
Read more...Bill Black: Thousands Die, Millions Injured on the Job, and No Businesses Prosecuted
Bill Black describes how OSHA’s few underfunded inspectors can’t do their jobs, and prosecutors don’t prosecute businesses for non-compliance.
Read more...Yes, the Tech Giants Are a Big Problem—But the Untamed Finance Industry Could Still Blow Up the Economy
Why finance, broadly defined, is still a hazard to the US economy.
Read more...EPA Says Glyphosate Is Safe, But Lawsuits Loom and Bayer’s Woes Mount
Despite the EPA’s recent insistence glyphosate is “safe”, Bayer faces a many problems related to Roundup legal risk.
Read more...Wolf Richter: Tesla Discloses Record Pollution Credits for Q1: Without Them, it Would Have Lost $918 Million and Bled $1.14 Billion in Cash
Tesla’s 10-Q filing reveals that without taxpayer-funded pollution credits the company gets from the government and sells to other companies, its loss as automaker and solar-panel company would have been $918 million and its negative cash flow wouldn’t have been a cash drain of $919 million but a cash sinkhole of $1.14 billion
Read more...Coping With World Bank-Led Financialization
The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.
Read more...Bill Black: If Current Laws Prosecuting Bankers Aren’t Used, What Can Warren Change?
Bill Black demolishes the notion that we can’t prosecute banksters with laws now in place. He there’s no need to pass new laws – as Senator Elizabeth Warren proposes – but instead to appoint regulators and legal officers who’ll use what we know about dealing with criminogenic environments to prosecute white collar criminals. And to provide them with support and resources.
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