My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update
The wealth gap rises: Billionaires got more billions, the bottom half of Americans got peanuts and inflation.
Read more...Category Archives: Ridiculously obvious scams
Latin America Calls for U.S. to Reduce its Plastic Waste Exports to the Region
Latin American countries chide U.S. for the volume of its plastic waste exports.
Read more...California Suit Takes Aim at Private Equity Engaging in Illegal Practice of Medicine by Owning Outsourced MD Practices
An important new suit targets a central and not even well disguised private equity abuse: illegally practicing medicine via owning MD groups.
Read more...Why America’s Military Leaders Need to be Purged
Why the US miliitary desperately needs a housecleaning, starting at the top.
Read more...Crash Course: Injured Patients Who Sign ‘Letters of Protection’ May Face Huge Medical Bills and Risks
Dr. Kingsley R. Chin demonstrates how utterly depraved some medical scammers are.
Read more...Share Buybacks Surge to Record Ahead of Potential 1% Tax: Companies Buy as Insiders Dump like there’s No Tomorrow
Buy High, Don’t Buy Low. Prices are sky-high and but company buybacks are red hot.
Read more...Endowments’ Money Management Destroying Value Demonstrates Economic Drain of Asset Management Business
How endowments, the supposedly best and brightest fiduciaries, are destroying value.
Read more...Presidential Commission on the Supreme Court Throws Ball Back to Biden
Surprise, surprise. Biden’s Supreme Court commission fails to endorse any plan to expand the membership if the Supreme Court.
Read more...How Congress Loots the Treasury for the Military-Industrial-Congressional Complex
Sixty years after Eisenhower’s warning about the military-industrial complex, the “weight of this combination” of corrupt generals and admirals, the profitable “merchants of death” whose goods they peddle, and the Senators and Representatives who blindly entrust them with trillions of dollars of the public’s money, constitute the full flowering of President Eisenhower’s greatest fears.
Read more...Facebook: Latest Court Case Shows How Europe is Clamping Down on Big Tech
The European Court of Justice has just dealt a major blow to Facebook’s approach to users’ data.
Read more...WSJ Report: Companies Step Up Efforts to Get You to Cough Up Your Data, in the Face of Policy Changes by Apple and Google
In response to data protection laws in California and Europe, as well as big Tech policy changes, customers are increasing their efforts to collect their customers’ personal data.
Read more...The US Biofuel Mandate Helps Farmers, but Does Little for Energy Security and Harms the Environment
Why biofuel is a scam, except perhaps as a subsidy to Big Ag.
Read more...Profiting from the Carbon Offset Distraction
Carbon offset markets allow the rich to emit as financial intermediaries profit and undermine efforts to cut greenhouse gasses.
Read more...Satyajit Das: Fintech’s ‘Flim-Flam’ Innovation Games
Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Foreclosure Looms for Homeowners Who Thought They’d Won, Thanks to Top New York Court Ruling
Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
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