The idea of getting rid of a hopelessly captured and largely redundant bank regulator, the OCC, is gaining support.
Recent Items
Tuesday, October 14, 2025
Abolish the OCC
Topics: Banana republic, Banking industry, Legal, OCC, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:59 am | 3 Comments »
We Really Do Need to Rethink the Economics of Saving, Most of Which Is Nonsense
Savings plays an important role in household management (or does when the household isn’t desperate), yet economists don’t get it.
Topics: Guest Post, Income disparity, Investment outlook, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:53 am | 34 Comments »
Closing Hours of 2021 Mini-Fundraiser for Water Cooler!
2021 Mini-Fundraiser for Water Cooler
Topics: Guest Post, Notices
Posted by Lambert Strether at 2:55 pm | 30 Comments »
2:00PM Water Cooler 4/27/2021
~ Today’s Water Cooler (and annual Mini-Fundraiser) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 117 Comments »
The Corporate Food Takeover
Corporate ownership in many sectors of food production has risen and is set to increase further. Another rentier program well underway.
Topics: Africa, Banana republic, China, Commodities, Doomsday scenarios, Free markets and their discontents, Globalization, Guest Post, Income disparity, Investment management, Investment outlook, Permaculture, Politics, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 30 Comments »
Links 4/27/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 124 Comments »
Mexico’s AMLO Locks Horns With Business Elite As Make-or-Break Elections Loom
Long-simmering tensions between government and business interests escalate in the run-up to the country’s biggest ever midterm elections.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 6 Comments »
The Idiotic Saga of the New York Times Cooking Community
A New York Times brand extension project goes pear shaped.
Topics: Curiousities, Guest Post, Media watch
Posted by Yves Smith at 5:30 am | 48 Comments »
The Ugly Truth About Renewable Power
Questions about how to make intermittent renewable energy production work for users conditioned to always-here power.
Topics: Energy markets, Environment, Global warming, Guest Post, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:16 am | 107 Comments »
Why Barack Obama Was a Horrible President
Torture, warrantless surveillance, energy policy
Topics: Guest Post, Politics
Posted by Lambert Strether at 6:55 pm | 99 Comments »
2:00PM Water Cooler 4/26/2021
~ Today’s Water Cooler (and annual Mini-Fundraiser) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 101 Comments »
Announcing 2021 Mini-Fundraiser for Water Cooler!
2021 Mini-Fundraiser for Water Cooler
Topics: Guest Post, Notices, Water Cooler
Posted by Lambert Strether at 7:26 am | 44 Comments »
California Judiciary Committee Gives Blistering Assessment of CalPERS’ Fiduciary Duty Failings in Analysis of Fraud-Friendly Private Debt Secrecy Bill
The Judiciary Committee’s analysis of a CalPERS-sponsored bill shows that Sacramento is noticing the fund’s chicanery and incompetence.
Topics: Banana republic, CalPERS, Corporate governance, Credit markets, Investment management, Investment outlook, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:59 am | 6 Comments »
Links 4/26/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 153 Comments »
China Has a Grand Carbon Neutrality Target But Where Is the Plan?
China’s new long-term targets, to reach peak emissions before 2030 and achieve carbon neutrality by 2060, are yet to be matched with a consistent short-term action plan.
Topics: China, Environment, Global warming
Posted by Lambert Strether at 6:45 am | 15 Comments »