Monday, September 25, 2017

Hack of SEC May Have Yielded Illicit Trading Gains

SEC joins Equifax in reporting its own cybersecurity breach. Failure to safeguard information is not a problem unique to the private sector.

California Rewrites the GOP’s Climate Playbook

Some California Republican legislators are breaking ranks and beginning to embrace modest pro-regulatory positions on climate change.

Bill Black: Massachusetts First to Sue Equifax Over Massive Hack

Several government agencies and at least 34 state attorneys general have opened probes into the Equifax data-breach scandal–‘the gift that keeps on giving,’ says Bill Black.

2:00PM Water Cooler 9/20/2017

Today’s Water Cooler: Midwest trade, #MedicareforAll, centrists, chemical activity, Amazon, Toys R Us, influencers, global wages, Pokemon

Insanely Concentrated Wealth Is Strangling Our Prosperity

Why tackling extreme concentration of wealth would be good for everyone….except those who would inherit from dynasties.

Links 9/20/17

Brexit Denialism: The Customs/Border Problem and the Curious Case of the Pallets

A case study of how basic, critically important Brexit issues like customs are being ignored by the Government, to the peril of the public.

Out of Africa: Why the Migration Wave?

Why are so many risking their lives to flee Africa?

The Boring Story of the 2016 Election

The most accurate story of why Clinton lost in 2016 is the simplest and most obvious: many people really really didn’t like her.

Reminder: Kansas City Meetup This Friday, September 22

Looking forward to seeing Kansas City readers and perhaps some attendees from the MMT conference at our meetup this Friday!

2:00PM Water Cooler 9/19/2017

Trip report from NC Bangor meetup, and open thread.

The Sickness of American Healthcare

Some key facts that have been omitted from the debate over Obamacare and healthcare generally, apparently by design.

Links 9/19/17

Too Big To Fail Banks: “The Robotics Are Coming!” Really?

More and more bank CEOs tout robotics as the answer for the industry’s precarious cost position. But will it promise more than it delivers?

Google Betting Big on Being Able to Overturn EU Antitrust Decision; Effectively Thumbs Its Nose at Compliance

Google got hit with a huge EU fine and faces even bigger charges for non-compliance. So why is it playing hardball?