The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
Recent Items
Saturday, February 7, 2026
Smear Campaigns Work: Pro-Transparency Board Member Margaret Brown, Candidate Tiffany Emon-Moran, Both Lose CalPERS Board Election
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 5:22 am | 20 Comments »
Will Krysten Sinema Change Parties?
Sinema could and might very well screw the Dems.
Topics: Banana republic, Guest Post, Politics
Posted by Yves Smith at 3:34 am | 57 Comments »
2:00PM Water Cooler 10/5/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 90 Comments »
Waste Watch: U.S. Lags on Plastics Legislation
Despite leading the world in per capita plastics consumption, the U.S. lags in efforts to do anything about disposing of plastics waste.
Topics: Banana republic, Doomsday scenarios, Environment, Global warming, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 11:55 am | 5 Comments »
Links 10/5/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 189 Comments »
Inflation Is Back With a Vengeance in Latin America
After last year’s economic carnage, the spectre of runaway inflation is the last thing the region needs.
Topics: Guest Post
Posted by Nick Corbishley at 6:48 am | 13 Comments »
Does America Want a CHIPS for Buybacks Act?
To bring more chips-making back to the US, Congress should condition additional funds on suspending stock buybacks.
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Investment management, Market inefficiencies, Politics, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 3:54 am | 14 Comments »
Climate Advocates Voice Concerns Over Fossil Fuel Handouts in Stalled Infrastructure Legislation
One month after Hurricane Ida hit Louisiana, infrastructure and “build back better” talk ignores survival needs on climate crisis frontlines
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 2:31 am | 27 Comments »
2:00PM Water Cooler 10/4/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 121 Comments »
NLRB General Counsel Authors Memo Characterizing ‘Student-Athletes’ as Employees, Clearing Way for Them to Unionize; Employment Law Implications Extend to Others Misclassified as Independent Contractors
NLRB general counsel Jennifer Abruzzo outlines arguments for treating college athletes as employees, thus allowing them employment law protections.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Legal, Regulations and regulators, Ridiculously obvious scams, Social values
Posted by Jerri-Lynn Scofield at 1:55 pm | 6 Comments »
Links 10/4/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 116 Comments »
Ralph Nader: While Americans Sleep, Our Corporate Overlords Make Progress Impossible
Politicians from both parties do the bidding of their corporate overlords rather than act on behalf of voters.
Topics: Banana republic, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:55 am | 35 Comments »
Evidence on the Effects of Work Requirements in Safety Net Programs
Quelle surprise! Work requirements in social safety programs reduce participation, as opposed to help the recipients.
Topics: Dubious statistics, Guest Post, Income disparity, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:49 am | 10 Comments »
So How Far Will House Progressives Retreat to Get a Version of Biden’s “Build Back Better” Program
The House progressives are already folding.
Topics: Guest Post
Posted by Yves Smith at 5:44 am | 42 Comments »
Harry and Meghan Take a Private Jet – AGAIN! – This Time from a NYC Climate Action Event Back to LA
Harry and Meghan talk a good climate change game, but have hopped on nearly two dozen private jets during the last two years. We’ve noticed.
Topics: Banana republic, Doomsday scenarios, Environment, Global warming, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 2:55 pm | 39 Comments »


