Recent Items
Tuesday, September 30, 2025
Links 6/3/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 116 Comments »
St. Louis Fed Study Shows Rising Level of Financial Desperation Among the Poor, Hidden by Aggregates
A new St. Louis Fed analysis shows the wealth of areas in financial distress deteriorated from 2015 to 2018, reversing a pattern of gains that had started in 2010.
Topics: Economic fundamentals, Federal Reserve, Income disparity
Posted by Yves Smith at 5:55 am | 31 Comments »
‘Gatekeeper Mentality’ of DCCC Blacklist Adding to Divisions Within Democratic Party
Backlash against policy of Democratic Congressional Campaign Committee (DCCC) to blacklist vendors who work with anyone—including primary challengers—who run against an incumbent Democrat.
Topics: Banana republic, Guest Post, Politics
Posted by Jerri-Lynn Scofield at 5:55 am | 23 Comments »
Michael Klare: US Plans to Muscle Up for “Great Power” Conflict With China
The US military wants to be able to take on China. A little late for that.
Topics: Guest Post
Posted by Yves Smith at 12:40 am | 64 Comments »
War on Cash: UK Cash Deserts
Latest news in the War on Cash: the problem of cash deserts in the UK – areas abandoned by banks, for economic reasons, and that lack ATMs. These tend to be rural areas, or areas of economic deprivation.
Topics: Banking industry, Guest Post, Income disparity, Payment system, Social policy
Posted by Jerri-Lynn Scofield at 9:55 am | 36 Comments »
Links 6/2/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 177 Comments »
Ecological Importance and Human Rights Be Damned, Trump Admin Says Fossil Fuel Pillaging in Arctic Refuge Coming Soon
Interior administration official promises to offer fossil fuel leases for sale in 2019 to allow drilling in previously pristine Alaska’s Arctic National Wildlife Refuge to commence.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 3:55 am | 25 Comments »
Links 6/1/19
Topics: Links
Posted by Yves Smith at 6:55 am | 160 Comments »
The Intergenerational Effects of a Large Wealth Shock: Evidence from the US Civil War
The US Civil War did not do lasting damage to the economic position of wealthy slaveholding famiies.
Topics: Doomsday scenarios, Guest Post, Income disparity, Market inefficiencies, The dismal science
Posted by Yves Smith at 3:21 am | 41 Comments »
Why Democratic Presidential Candidates May Have to Choose Between Teacher Pay Raises and Charter Schools
Florida becomes a charter school battleground as communities fight a state law that diverts some of the proceeds from bond offererings, even ones approved for public school teacher salaries, to charter schools.
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 2:44 am | 16 Comments »
2:00PM Water Cooler 5/31/2019
Today’s Water Cooler: Open Thread
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Consumer Contracts Restatement Delayed: Consumers Win…For Now
Following pushback from Elizabeth Warren, state attorneys general, and both consumer advocates and business groups, consumer contracts restatement delayed – for now.
Topics: Guest Post, Income disparity, Legal, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 9:55 am | 10 Comments »
Links 5/31/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 228 Comments »
Glyphosate Use Surges in Midwest, Lawsuits Mount: What Will the Supremes Say?
Glyposphate use increases throughout the Midwest, and Bayer loses its third Roundup case. The company appears confident that higher US courts will reverse pro-plaintiff verdicts.
Topics: Banana republic, Environment, Guest Post, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 6:50 am | 75 Comments »
AOC Calls for Ban on Revolving Door as Study Shows 2/3 of Recently Departed Lawmakers Now Lobbyists
AOC outs an unlikely ally after tweet calling for a lifetime ban on former members of Congress becoming lobbyists: an attempt to stop the revolving door between “public service” and personal profit.
Topics: Banana republic, Guest Post, Legal, Politics, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 3:55 am | 30 Comments »