Friday, December 26, 2025

Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers

Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]

2:00PM Water Cooler 2/8/2022

~ Today’s Water Cooler ~

New Report: Monetary Policy Without Interest Rate Hikes

A fresh report lead authored by Nathan Tankus takes on orthodoxy monetary policy ideas and provides Modern Monetary Theory solutions.

Links 2/8/2022

Spain’s Second Largest Lender, BBVA, Escalates Its War on Cash in Mexico

Some banks will do just about anything to try to wean their customers off using physical money, including (in the case of BBVA) charging their customers for withdrawing cash too often. 

Quelle Surprise! Covid Burden Falling Hardest on Low Income Workers…But Don’t Expect Any Help

Don’t get us wrong. We really like EPI. But a new piece on Covid’s impact on low income workers has good analysis and out of date proposals.

IMF Surcharges: A Lose-Lose Policy for Global Recovery

The IMF seems unable to drop its punitive, self and “client” destructive habits.

2:00PM Water Cooler 2/7/2022

~ Today’s Water Cooler ~

‘Keep Pushing’: Momentum Grows Behind Effort to Ban Stock Trading

Will Congress move to ban its members from trading shares of stock while they’re in office?

Links 2/7/2022

Michael Hudson: America’s Real Adversaries Are Its European and Other Allies

America has gone off the deep end re Ukraine. It’s pressuring allies to engage in economic self-harm, which is not a relationship-builder

News Flash: CalPERS Invents Time Machine! Not News: CalPERS Again Lies in Suit Over Illegal Secret Board Meeting and Smears Former Board Member Margaret Brown as Diversion

CalPERS digs its hole even deeper in its effort to keep parts of a board transcript secret. What dirt does it contain?

Blinken’s Booby Traps – How The US Propaganda Paper Released In Madrid Proposes to Go to War With Russia While Claiming to Do The Opposite

The US seems to think it is too clever by half in dealing with Russia. But some parties close to the action, like Europeans, aren’t so keen.

Right to Repair: Massachusetts Auto Measure Stalls

Automakers have mounted a legal challenge to Massachusetts auto telematics right to repair statute. Will the Biden administration and the FTC seek to apply data rules and tools to vehicle telematics data?

Links 2/6/2022