Why Trump’s Promise to Save Manufacturing Was One He Never Intended to Keep
Trump’s promise to save manufacturing jobs and rebuild infrastructure was all bluster, no surprise from the man known for stiffing workers.
Read more...Category Archives: Ridiculously obvious scams
Wolf Richter: Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Read more...How Charles Koch Is Buying Credibility With Academic Investments
Koch influence in the academic sphere is far ranging. Koch money funds individual courses, professorships, fellowships, and even energy research and policy programs. These are significant investments in the “intellectual raw materials” of free-market advocacy.
Read more...CalPERS Cooks Its Books: Grossly Understated Investment Consultant Meketa’s Expenses in Annual Financials; Made a Criminal False Account by Burying the Cost
CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.
Read more...CalPERS’ Bad Numbers: CEO Marcie Frost’s Multi-Hundred Thousand /Year Advisor Randle Communications Missing from Board Reports
A remarkable series of accidents led to the CalPERS board not being told how much CEO Marcie Frost’s advisor Randle Communications costs.
Read more...‘Dereliction of Duty’: Outrage as USPS Board Issues Gushing Praise for DeJoy Amid Mail Slowdowns, Medicine Delays, and Straw-Donor Scandal
The latest sordid episode in the teardown of the US mail service.
Read more...US Tax Dollars Funded Every New Drug in the Last Decade
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019
Read more...Preserve the People’s Post Office: Let Us Do Meaningful Postal Reform
A rallying cry for the Post Office.
Read more...22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns
Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
Read more...Journey into a Libertarian Future: Part IV – The Journey into a Libertarian Past
The libertarian justification of hierarchies and expropriation of land.
Read more...CalPERS Misappropriates Funds, a Violation of the Criminal Code, By Laundering $40,000 Speaker Fee Through Randle Communications, a Nearly $500,000 a Year Advisor to Marcie Frost
CalPERS is not only hiring overpriced motivational speakers it can’t afford, but it is also cooking its records to do so.
Read more...Devastating Lawsuit Targets Bank of America, Credit Suisse, and Bayer Board Members and Executives Over Disastrous Monsanto Acquisition
Is the shortest road to cleaning up bad corporate governance in the EU through New York courts? Bayer is one of a set of test cases.
Read more...The Rotten Alliance of Liberals and Neocons Will Likely Shape U.S. Foreign Policy for Years to Come
How the Democrats have become Republicans in all but name, now with their love affair for neocons.
Read more...World Bank’s ‘Mobilizing Finance for Development’ Not Financing Development
The World Bank is trying to rebrand a failed public private partnership scheme as “blended finance”. Developing countries, beware.
Read more...Former Board Member Jelincic: CalPERS Claims It Is Protecting Confidential, as in Criminal, Informants in Hiding Details About Lending
CalPERS made damaging statements to justify withholding information about private loans. That suggestswhat it was hiding is even worse.
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