Thanksgiving is America’s most convivial holiday
Recent Items
Monday, June 16, 2025
Why Thanksgiving Is My Favorite Holiday
Topics: Guest Post, Social values
Posted by Lambert Strether at 1:55 pm | 82 Comments »
Links 11/21/18
Topics: Links
Posted by Yves Smith at 6:55 am | 124 Comments »
Brexit: Even More Confusion
Brexit politics have become even more deranged.
Topics: Brexit, Doomsday scenarios, Europe, Politics, UK
Posted by Yves Smith at 4:15 am | 108 Comments »
CalPERS CEO Marcie Frost Misrepresentations Scandal Not Going Away: Former Board Member and Board Designee Continue to Press for Investigation
CalPERS CEO Marcie Frost is still getting heat over her misrepresentations before and after her hiring.
Topics: CalPERS, Corporate governance, Ridiculously obvious scams
Posted by Yves Smith at 3:04 am | 16 Comments »
Debunking One “Global Cooling” Argument
A quick kneecapping of some deliberate misconstruction on the global warming front.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Media watch
Posted by Yves Smith at 12:31 am | 52 Comments »
2:00PM Water Cooler 11/20/2018
Today’s Water Cooler: Sanders climate Town Hall, Biden, secretaries of state, Stacey Abrams, fake news, housing, copper, bitcoin and crypto, chip credit cards, AI, Tesla, Uber, California wildfires, Antarctic melting, Sheryl Sandberg, primitive communications methods
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 151 Comments »
‘A Staggeringly Bad Idea’: Pelosi Pushes Tax Rule That Would ‘Kneecap the Progressive Agenda’
Nancy Pelosi proposes a tax rule that would shackle Democrats by requiring a supermajority to raise taxes on the bottom 80% of the population, thus effectively stymieing their ability to enact any major new spending programs.
Topics: Banana republic, Guest Post, Politics, Taxes
Posted by Jerri-Lynn Scofield at 1:55 pm | 66 Comments »
Links 11/20/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 180 Comments »
Michael Hudson: “Moral Hazard” vs Mutual Aid – How the Bronze Age Saved Itself from Debt Serfdom
Bronze Age societies forgave agricultural debt to keep cultivators working on their land, able to pay taxes and work in the military and on public projects. Lenders were seen as greedy and exploitative.
Topics: Banking industry, Economic fundamentals, Free markets and their discontents, Guest Post, Moral hazard, Social policy, Social values
Posted by Yves Smith at 6:45 am | 106 Comments »
The Fracking Industry’s Wastewater Injection Well Problem
The fracking industry has a wastewater disposal problem and finds itself in a pick your poison situation, with no good alternatives. Americans will continue to bear the environmental costs of the nationwide fracking experiment.
Topics: Environment, Global warming, Guest Post, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 5:25 am | 22 Comments »
New York Media Touts Private Equity Obamist Deval Patrick as Presidential Candidate
Why is the media covering up that Deval Patrick became wealthy via asset-stripping at Bain Capital?
Topics: Banana republic, Guest Post, Income disparity, Politics, Private equity, The destruction of the middle class
Posted by Yves Smith at 12:38 am | 48 Comments »
2:00PM Water Cooler 11/19/2018
Today’s Water Cooler: Tariffs, Biden, Beto, election shenanigans, AOC, DSA, callout culture, housing market, e-commerce, Elon Musk, Carlos Ghosn, Tim Cook, Medicare for All, constitutional law, SEIU, brainwaves
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 124 Comments »
Another Blow to the Biometric ID Fairy: Researchers Show ‘Master’ Fingerprints Can Bypass Smartphone ID Sensors
New research shows that ‘master’ fingerprints can bypass smartphone fingerprint ID systems – thus striking another blow at the biometric ID fairy.
Topics: Banking industry, Ridiculously obvious scams, Surveillance state, Technology and innovation
Posted by Jerri-Lynn Scofield at 9:55 am | 16 Comments »
Links 11/19/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 227 Comments »
Why I Have Given Up on Powell’s Books
My inability to place an online order at Powell’s Books despite multiple attempts says something is very wrong.
Topics: Free markets and their discontents, Market inefficiencies, Social values, The destruction of the middle class
Posted by Yves Smith at 4:13 am | 107 Comments »