Kamala Harris’ supposed big accomplishment, of getting California a better deal in the 2012 mortgage settlement, isn’t anything to boast about.
Recent Items
Wednesday, June 11, 2025
Kamala Harris Tells Big Lie: That 2012 Mortgage Settlement Was a Good Deal for Homeowners
Topics: Banana republic, Banking industry, Legal, Politics, Real estate
Posted by Yves Smith at 3:30 am | 42 Comments »
New Documents Reveal a Covert British Military-Intelligence Smear Machine Meddling In American Politics
The Orwellianly-named Integrity Initiative is bringing international disinformation campaign, road tested in Europe. to the US, in the form of a “political smear unit.”
Topics: Banana republic, Guest Post, Media watch, Politics
Posted by Yves Smith at 3:00 am | 43 Comments »
Here’s What a Real Strike Looks Like: 150 Million Say No to Despotism in India
The Modi government is trying to stare down large-scale strikes against its labor “reforms” in India.
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, India, Legal, Politics, Social values
Posted by Yves Smith at 2:11 am | 11 Comments »
Mortality, Medical Coding and the (Purported) Drop in Hospital Readmission Rates
The Hospital Readmissions Reduction Program, patient mortality, and a medical coding debacle
Topics: Guest Post, Health care, Science and the scientific method
Posted by Lambert Strether at 2:55 pm | 25 Comments »
2:00PM Water Cooler 1/9/2019
Today’s Water Cooler: Trump Wall speech and aftermath, Sanders 2020, electronic voting debacles, Mothership Strategies, Ed Buck, employment situation, recession likelihood, crypto, marijuana legalization, smoking, sexism, Adolph Reed on political history, cellphones
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 156 Comments »
Links 1/9/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 213 Comments »
Health Insurer Greed or Desperation? An Odd Data Point From Cigna
Cigna looks way too eager to squeeze money from customers.
Topics: Health care, Legal, Ridiculously obvious scams
Posted by Yves Smith at 2:11 am | 81 Comments »
The Mysteries Surrounding Rhodes Pharmaceuticals, the Sackler Family’s Second Opioid Company
The Sackler family has managed to hide its ownership of a drug company with an even bigger share of the US opioid market than Purdue Pharma.
Topics: Free markets and their discontents, Guest Post, Health care, Legal, Regulations and regulators
Posted by Yves Smith at 12:40 am | 8 Comments »
The Economics of Cryptocurrency Pump and Dump Schemes
Quelle surprise! Scammers have cooked up trading schemes to defraud upstanding cryptocurrency users.
Topics: Free markets and their discontents, Guest Post, Payment system, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 12:12 am | 8 Comments »
2:00PM Water Cooler 1/8/2019
Today’s Water Cooler: Wall Street Democrats, ACO long read, DSA after two years, identarianism, data in the shutdown, labor market, small business optimism, retail sales, what’s next after robot cars, Apple iPhone, iPad, iOS, Newsome and single payer, co-ops and monopoly, good people
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Wolf Richter: Housing Bubble Trouble in Silicon Valley & San Francisco
Housing is going pear-shaped in California tech-land….and you can’t blame it on a tech bust.
Topics: Economic fundamentals, Guest Post, Income disparity, Investment outlook, Real estate, Technology and innovation
Posted by Yves Smith at 9:55 am | 50 Comments »
Links 1/8/19
Topics: Links
Posted by Yves Smith at 6:55 am | 201 Comments »
CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause
CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.
Topics: Banana republic, CalPERS, Corporate governance, Private equity
Posted by Yves Smith at 1:55 am | 47 Comments »
Richard Murphy: Davos Wants a Better Measure of Failure
Some Davos musings show that our elites aren’t what they are cracked up to be.
Topics: Banana republic, Dubious statistics, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Social values
Posted by Yves Smith at 1:02 am | 19 Comments »
Starting the New Year Badly and Well
Handicapping the new year based on early indicators.
Topics: Banana republic, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:20 am | 48 Comments »