CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
Recent Items
Friday, August 1, 2025
CalPERS Makes Nasty, Inaccurate, and Self-Damaging Attack on Dean of Sacramento Columnists for Criticizing Private Equity Outsourcing Scheme
Topics: Banana republic, CalPERS, Media watch, Private equity
Posted by Yves Smith at 9:12 pm | 10 Comments »
Chicago Readers: You Are Falling Down on Finding a Meetup Location
Dear readers, I have booked a flight and prepaid for a hotel to hold a meetup in Chicago on Friday July 6. However, if readers do not identify a suitable meetup venue, there will be no meetup and all of these expenditures of scare site funds will go down the drain. The suggestions readers have […]
Topics: Notices
Posted by Yves Smith at 4:22 pm | 38 Comments »
2:00PM Water Cooler 6/11/2018
Today’s Water Cooler: G-7, China trade, Trump and the black vote in 2020, voter rolls, ranked choice voting, manufacturing, shipping, venture capital, single payer, collective bargaining, Masterpiece Cakeshop
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 98 Comments »
Worksheet for the 2018 Midterms (How Big Does “The Wave” Have to Be?)
What the Democrats have to do to win their 23 seats and control the House, and California results.
Topics: Guest Post, Politics
Posted by Lambert Strether at 1:55 pm | 46 Comments »
Links 6/11/18
Topics: Links
Posted by Lambert Strether at 6:55 am | 166 Comments »
The War Nerd: Anglo-American Media’s Complicity in Yemen’s Genocide
Yemen starves….and why the Western media looks the other way.
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 3:41 am | 42 Comments »
Last Exit to the Road Less Traveled
What good is a conventional economics that tells us we can only create jobs and “profit” by literally destroying and despoiling the resources we depend on? That sounds un-economic to me
Topics: Guest Post, Social policy, Social values, The dismal science
Posted by Lambert Strether at 1:55 am | 47 Comments »
Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
Why the self-styled reformist government in Italy is already looking like a paper tiger.
Topics: Banana republic, Currencies, Economic fundamentals, Europe, Free markets and their discontents, Macroeconomic policy, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 1:40 am | 35 Comments »
Amy Chozick’s Chasing Hillary: A Scoop, a Missed Story, and Life in the 10%
The high points of Amy Chozick’s book on covering the 2016 Clinton campaign.
Topics: Guest Post, Politics
Posted by Lambert Strether at 2:25 pm | 101 Comments »
Links 6/10/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 239 Comments »
Don’t Call It a Tax: Inside Washington’s Attempt to Pass a “Fee On Pollution”
After a decade of failed carbon taxes, Washington state is pushing to pass the country’s first “carbon fee.” Will this time be different?
Topics: Carbon credits, Energy markets, Environment, Guest Post
Posted by Lambert Strether at 2:55 am | 28 Comments »
Links 6/9/18
Topics: Links
Posted by Yves Smith at 6:55 am | 163 Comments »
Primaries Expose Bitter Fight in Democratic Party
The Democratic party continues to wage full scale war against progressives…..how’s that going?
Topics: Banana republic, Free markets and their discontents, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 4:11 am | 30 Comments »
Three Lessons the Labour Movement Must Learn From the Fight for 15 at Walmart
The Fight for 15 at Walmart was “surprisingly successful”. What tactics should labor organizers consider adopting?
Topics: Free markets and their discontents, Guest Post, Income disparity, Social values, The destruction of the middle class
Posted by Yves Smith at 3:39 am | 21 Comments »
2:00PM Water Cooler 6/8/2018
Today’s Water Cooler: G-7, trade strategy, Airbus, Sanders challenged, why executives run for office, wholesale trade, supply chain, McDonalds, KFC, vaping, Anthony Bourdain, algorithms, Coltrane
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 118 Comments »