Desperate Times, Desperate Measures
Recent Items
Tuesday, July 1, 2025
US & NATO Allies Are Considering Taking Over State-Owned Argentine Arms Manufacturer to Bolster Munitions for Ukraine
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
Gift Card Scams Generate Billions for Fraudsters and Industry as Regulators Fail to Protect Consumers − How One Fell into the ‘Fear Bubble’
Remarkable detail of how a gift card scammer successfully worked a mark, even with a bank and police trying to intervene.
Topics: Banking industry, Credit cards, Guest Post, Legal, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 5:36 am | 26 Comments »
2:00PM Water Cooler 8/22/2024
~ Today’s Water Cooler: Politics, syndemics; Shots fired, as Biden consigliere Anita Dunn lets loose on her way out; Coach, coach, coach! ; Trump steps outside the bulletproof glass to check on a fainting crowd member; On euphemisms. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 119 Comments »
The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
Topics: CEO compensation, Corporate governance, Credit markets, Economic fundamentals, Free markets and their discontents, Investment outlook, Private equity, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 9:59 am | 36 Comments »
Links 8/22/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 131 Comments »
Patient Underwent One Surgery but Was Billed for Two. Even After Being Sued, She Refused To Pay
A patient stares down a fabricated surgery charge. But what does it say about the prevalence of billing fraud that this matter went to court?
Topics: Guest Post, Health care, Legal, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:49 am | 30 Comments »
The DNC Fiddles While the World Burns
The party convention demonstrates how dangerously disconnected the DNC is about our disastrous strategies in Ukraine and the Middle East.
Topics: Guest Post
Posted by Yves Smith at 2:00 am | 39 Comments »
Who Invented Syntax?
So how did language, and specifically syntax, develop?
Topics: Guest Post, Science and the scientific method
Posted by Yves Smith at 12:37 am | 29 Comments »
2:00PM Water Cooler 8/21/2024
~ Today’s Water Cooler: Politics, pandemics; Democrat National Convention vignettes ; Sabato moves North Carolina to toss-up from Republican; new Boeing 777X and 787debacles; Covid, anosmia, and loss of executive function ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 92 Comments »
“No One Has a Right to Limited Liability”
Limited liability has come to cover for not just incompetent but also criminal conduct. But what to do?
Topics: CEO compensation, Corporate governance, Guest Post, Legal, Social policy
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 8/21/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 207 Comments »
Kamala’s National Security Adviser Points to Continuation of Biden’s Russia Policy
The favorite to succeed Jake Sullivan is a diehard Russophobe who is critical of Germany for not launching Taurus missiles at Russia.
Topics: China, Doomsday scenarios, Europe, Guest Post, Middle East, Politics, Russia
Posted by Conor Gallagher at 6:00 am | 53 Comments »
Can Plastic Waste Be Transformed Into Food for Humans?
Using bacteria to take a bite out of plastic pollution is not new. But can the same microbes be used as a food source?
Topics: Guest Post, Health care, Technology and innovation
Posted by Yves Smith at 5:55 am | 13 Comments »
State Greenlights NYC Evicting More Migrant Families From Shelters
Migrants in facilities overseen by the city Department of Homeless Services will start receiving notices they must leave after 60 days
Topics: Globalization, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:42 am | 5 Comments »
2:00PM Water Cooler 8/20/2024
~ Today’s Water Cooler: Politics, Syndemics; Democrat National Convention vignettes; Highest Covid wave in two years; Stupid money and blood money ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 94 Comments »