Bill Black: Greg Mankiw’s Unprincipled Economics Indoctrination
Exposing Greg Mankiw’s basic economics textbook as an exercise in dogma.
Read more...Category Archives: Ridiculously obvious scams
Democratic Establishment’s Thuggish Power Grab at Nevada Convention
The Democratic party establishment shows its true colors in Nevada.
Read more...Ian Fraser: Just How Corrupt is The UK?
Never mind the “fantastically corrupt” Afghanistan and Nigeria. What about the UK?
Read more...Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions
Why the TTIP poses a wide-ranging threat to European health and pension policies.
Read more...Gaius Publius: A Corporate Convention: “Comcast Presents … The Democratic Party. Welcome to Philadelphia.”
The Democratic party convention will put its big-money soul on tawdry display.
Read more...Consumer Financial Protection Bureau to Put End to Mandatory Arbitration for Consumer Loans, Credit Cards
Ding, dong, the witch of mandatory arbitration is (on its way to being) dead.
Read more...Bill Black: Free Markets Mean Zero Economic Profit – or a 99% Profit Markup
How “free market” ideology produces companies like Valeant, which Warren Buffett’s partner Charlie Munger called a “sewer,” “corrupt,” and “criminal.”
Read more...Gaius Publius: Politico – Less than 1% of the Hillary Victory Fund Benefited State Parties
The Hillary Victory Fund exposed as a campaign-finance-law-breaking money laundering operation.
Read more...Andrew Ross Sorkin Helps Obama Airbrush His “Economic Legacy” with Obsequious Exclusive Interview in the New York Times
Obama’s “economic legacy” contextualized.
Read more...Greg Palast on How the New York and US Elections are Being Stolen
Greg Palast describe the rationale and methods for deep-sixing registered voters.
Read more...UK’s Osborne Exempts Members of Parliament, Other “Politically Exposed Persons” From Money Laundering Oversight
The UK exempts Members of Parliament and other Special People from money laundering controls.
Read more...Towards a Theory of Shadow Money
Struggles over shadow money today echo 19th century struggles over bank deposits.
Read more...Caesars Bankruptcy Fight Over Alleged Fraudulent Transfers Opens Window on Private Equity Looting
Creditor suits against private equity kingpins Apollo and TPG for the failed Caesars’ deal have already revealed a lot of dirt, with more sure to follow.
Read more...How Not to Audit the Pentagon: The Military Waste Machine Is Running Full Speed Ahead
A look at wretched excess, Pentagon style.
Read more...Jamie Dimon Tells Us We Need to Leave Too Big to Fail Banks Alone
Jamie Dimon likes to write grandiose letters to shareholders. This year’s version is no exception.
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