The Democrats’ civil war over who controls the party may be coming to a head.
Recent Items
Monday, December 29, 2025
Michael Hudson: The Democrats’ Quandary – In a Struggle Between Oligarchy and Democracy, Something Must Give
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 6:50 am | 80 Comments »
CalPERS’ Dishonest Response to Representative Jim Banks Regarding Chief Investment Officer Ben Meng and CalPERS’ Chinese Investments
Rep.Jim Banks pressed CalPERS on dodgy Chnese investments. CalPERS gave Banks a free shot via flagrant lies, but will Banks catch on?
Topics: Banana republic, CalPERS, China, Investment management, Politics
Posted by Yves Smith at 6:20 am | 9 Comments »
Is Bloomberg Buying the DNC? If So, What Does He Plan to Do With It?
A closer look at Bloomberg’s attempted takeover of the DNC.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:10 am | 59 Comments »
2:00PM Water Cooler 2/24/2020
Today’s Water Cooler:
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 218 Comments »
New Mexico Attorney General Sues Google Over Kiddie Privacy
New Mexico AG Hector Balderas sues Google for violating children’s privacy under federal and state statutes. Don’t be evil indeed!
Topics: Banana republic, Guest Post, Ridiculously obvious scams, Surveillance state
Posted by Jerri-Lynn Scofield at 9:55 am | 9 Comments »
Links 2/24/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 203 Comments »
To Many’s Dismay, Permian Produces More Gas and Condensate Instead of Oil and Profits
Justin Mikula continues to document fracking follies; this installment focuses on the challenges stymieing profitability in the top US oil field, the Permian shale.
Topics: Doomsday scenarios, Energy markets, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 4:25 am | 14 Comments »
Coronavirus: Panic Starting
The rapid spread of coronavirus in Italy has finally focused Mr. Market’s mind, as well as that of officials in Europe.
Topics: China, Doomsday scenarios, Economic fundamentals, Europe, Globalization, Health care, Science and the scientific method
Posted by Yves Smith at 3:48 am | 243 Comments »
Andrew Bacevich: Pseudo-Events as a New Normal
Are pseudo-events the bread and circuses of the Information Age?
Topics: Banana republic, Guest Post, Media watch, Politics
Posted by Yves Smith at 2:04 am | 30 Comments »
Links 2/23/2020
Topics: Guest Post, Legal
Posted by Jerri-Lynn Scofield at 6:55 am | 492 Comments »
Legacy Admissions: Johns Hopkins Drops Preferences, Other Institutions Consider Changes
Johns Hopkins announces it’s eliminated legacy admissions, sparking a wider debate. Will other institutions follow?
Topics: Guest Post, Income disparity, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:55 am | 18 Comments »
Wolf Richter: Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why?
The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?
Topics: Banana republic, Banking industry, Credit cards, Credit markets, Income disparity, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 3:25 am | 19 Comments »
Links 2/22/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 581 Comments »
Taxcast: Financial Secrecy Index: Who Are the World’s Worst Offenders?
Taxcast – the Tax Justice Network’s monthly podcast: 30 minutes of unmissable corruption, scandal and analysis you won’t hear anywhere else.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Ridiculously obvious scams, Taxes
Posted by Yves Smith at 4:25 am | 4 Comments »
Freedom from Fossil Fuels is Good for Your Health
Ending our reliance on fossil fuels is not only good for the planet and future generations. It also saves lives here and now, not just in the far future.
Topics: Environment, Global warming, Guest Post, Health care, Social values
Posted by Yves Smith at 4:13 am | 13 Comments »


