Trump-aided behind-the-scenes shenanigans may keep a horrifically toxic refinery in business.
Recent Items
Wednesday, December 31, 2025
This Philadelphia Refinery Is the Country’s Worst Benzene Polluter. Trump Wants To Keep It Open
Topics: Banana republic, Energy markets, Environment, Guest Post, Politics, Real estate, Ridiculously obvious scams
Posted by Yves Smith at 2:13 am | 16 Comments »
Live Blog: Democrat Presidential Primary Debate #10 in Manchester, NH
Candidates! Candidates! Candidates! ★★★ Seven candidates on one stage! ★★★ Come on down!
Topics: Guest Post, Politics
Posted by Lambert Strether at 7:00 pm | 399 Comments »
Twitter Is Blocking My Tweets (Updated: Back to Normal)
I appear to have been banned on Twitter.
Topics: Banana republic, Media watch, Notices
Posted by Yves Smith at 4:51 pm | 59 Comments »
2:00PM Water Cooler 2/7/2020
Today’s Water Cooler: New Hampshire polls, Biden, Bloomberg, Sanders, Warren, impeachment post mortem, stupid elites, Democrat grifters, Florida redistricting, Lehigh Valley, employment situation, Uber, AirBnB, breast pump startups, Apple, Twitter, fireflies, bumblebees, Australian rains, insect morality, stamp collecting
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 216 Comments »
Climate Change Needs To Be on the Balance Sheet
Serious people are finally calling for serious climate change accounting.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Regulations and regulators
Posted by Yves Smith at 9:55 am | 41 Comments »
Links 2/7/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 317 Comments »
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Two: Profits and Cash Flow Keep Deteriorating as Uber’s GAAP Losses Hit $8.5 Billion
Dissecting how Uber spun its 2019 financial reports. The actual results continue to be ugly, with no path to profit.
Topics: Auto industry, Dubious statistics, Free markets and their discontents, Guest Post, Investment outlook, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:50 am | 19 Comments »
Sanders Called JPMorgan’s CEO America’s ‘Biggest Corporate Socialist’ – Here’s Why He Has a Point
As Sanders becomes a formidable 2020 contender, demonizing socialism is back in style.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:00 am | 33 Comments »
Rentier Capitalism: Great for Stocks, Lousy for Growth
An oddly neglected paper gives an idea of how much rentier capitalism has distorted the US economy.
Topics: Economic fundamentals, Free markets and their discontents, Investment outlook, The destruction of the middle class, The dismal science
Posted by Yves Smith at 4:58 am | 21 Comments »
2:00PM Water Cooler 2/6/2020
Today’s Water Cooler: Wowsers.
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 359 Comments »
More (or Less) Economic Limits of the Blockchain
A discussion of blockchain “proof of stake” protocols.
Topics: Guest Post, Technology and innovation
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 2/6/2020
Topics: Guest Post, Links
Posted by Yves Smith at 6:55 am | 291 Comments »
Ponzi Schemer Bernie Madoff Asks to Be Released From Prison Under “Compassionate Release,” Igniting Debate Over Fairness
Pondering Madoff’s petition to be freed and the general question of compassionate release programs.
Topics: Legal, Social policy, Social values
Posted by Yves Smith at 6:01 am | 44 Comments »
Beyond Burnout: Doctors Decry ‘Moral Injury’ From Financial Pressures Of Health Care
Emergency room doctors have it worse than you thought….because patients lose out to corporate practices.
Topics: Guest Post, Health care
Posted by Yves Smith at 3:24 am | 26 Comments »
Iraq Is on the Brink of an Energy Crisis
A case study of the struggle for influence in Iraq.
Topics: Banana republic, Banking industry, Doomsday scenarios, Energy markets, Guest Post, Middle East
Posted by Yves Smith at 2:19 am | 11 Comments »


