Friday, August 8, 2025
TSB Train Wreck: Massive Bank IT Failure Going into Fifth Day; Customers Locked Out of Accounts, Getting Into Other People’s Accounts, Getting Bogus Data
An epic IT disaster at the UK’s TSB illustrates how fragile banking systems are.
Bill Mitchell: QE Failed in Japan
A short and devastating proof that QE was a bust in Japan.
Gaius Publius: How the Democrats Could, and Probably Will, Blow 2020
How the Democrats are conspiring to snatch defeat from the jaws of a 2020 victory.
2:00PM Water Cooler 4/23/2018
Today’s Water Cooler: Macro and trade, Cosco Shipping, Sanders video empire, mid-terms, superdelegates, Jobs Guarantee, national activity, Toys ‘R’ Us, Sears, dreams, the scientific method, pigeon towers
Plastics Pollution Policies– “Bold” or Pathetic?
Some recent news on the plastics clean-up front– the situation remains dire. Will waste be the end of us?
Hoisted from E-Mail: Brexit, Security, and the UK’s Coming Poodledom
Adding to the tally of how the UK will come out a loser thanks to Brexit.
Students as Teachers: Facing the World Adults Are Wrecking
Belle Chesler, a teacher, writes about what students already know, and what they are contributing, in the fight for social change in a broken America.
Middle East Nightmare, Made in Washington
How the US is at risk of creating Armageddon in the Middle East.
Another Naked Capitalism Milestone: 20,000 Posts and Counting!
Naked Capitalism blasts through another milestone!
Bank Watch: Wells Fargo Fined $1 Billion
The OCC and CFPB imposed $1 billion in fines on Wells Fargo Friday, continuing the kind and gentle treatment of bank transgressions pioneered by the previous administration.
Global Warming’s Impact on Ocean Currents to Amplify Sea Level Rise
Real News Network interview with Levke Caesar, discussing how Atlantic ocean currents have weakened due to global warming and are closer to catastrophic collapse than any time in the last 1,600 years.
