Monthly Archives: December 2011

December 31, 2011

• Mark Ames: Ezra Klein’s Shine Job on the Kochs
  by Lambert Strether 11:35 am

• Links New Year’s Eve
  by Yves Smith 2:20 am

• Extreme Predictions 2012
  by Yves Smith 2:00 am

December 30, 2011

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy – Part VI
  by Yves Smith 12:56 pm

• Links 12/30/11
  by Yves Smith 1:46 am

• Is the OCC the Most Corrupt US Bank Regulator?
  by Yves Smith 1:27 am

• US Wars Far From Over
  by Yves Smith 1:15 am

December 29, 2011

• Bill Black: Did OFHEO Fix Fannie and Freddie’s Compensation Systems after discovering their Frauds?
  by Matt Stoller 2:30 pm

• Matt Stoller: Why Ron Paul Challenges Liberals
  by Matt Stoller 1:52 pm

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy – Part V
  by Matt Stoller 1:19 pm

• Links 12/29/11
  by Matt Stoller 6:55 am

• “Summer” Rerun: Why Big Capital Markets Players Are Unmanageable
  by Yves Smith 2:00 am

December 28, 2011

• Guest Post: The Tide Is Turning Against SOPA … And We Might Actually Succeed In Stopping It
  by George Washington 1:37 pm

• Bill Black: What if the SEC investigated Banks the way it is investigating Mutual Funds?
  by Matt Stoller 1:29 pm

• Why Is The Term “Financial Repression” Being Sold?
  by Matt Stoller 6:55 am

• Links 12/28/11
  by Matt Stoller 6:45 am

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy – Part IV
  by Yves Smith 5:10 am

December 27, 2011

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy – Part III
  by Yves Smith 12:50 pm

• Links 12/27/11
  by Yves Smith 2:36 am

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy – Part II
  by Yves Smith 1:49 am

December 26, 2011

• Links Boxing Day
  by Yves Smith 1:39 am

• The Trouble with Principles: Or, How to Not Lose Friends and Alienate People When Learning Economics (#OccupyWallStreet, #OWS)
  by Yves Smith 1:24 am

December 25, 2011

• Links Christmas
  by Yves Smith 1:56 am

• Michael Olenick: The Coming of the Light
  by Yves Smith 1:25 am

• Morgenson on the Sham of the OCC’s Foreclosure Reviews
  by Yves Smith 1:20 am

• Wilkerson on the Iraq “Exit”
  by Yves Smith 12:15 am

December 24, 2011

• Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy
  by Yves Smith 6:44 pm

• Links Christmas Eve
  by Yves Smith 2:52 am

• Satyajit Das on What Went Wrong With Finance
  by Yves Smith 12:05 am

December 23, 2011

• Links 12/23/11
  by Yves Smith 4:26 am

• More MSM Criticism of Obama “Nothing Illegal Here, Move Along” Stance on Foreclosure Fraud
  by Yves Smith 3:52 am

• How the Public Misses Out on How Fights Over Bank Regulations Affect Them
  by Yves Smith 2:41 am

December 22, 2011

• Wolf Richter: CEO of Dexia – ‘Not A Bank But A Hedge Fund’
  by Yves Smith 11:01 pm

• Links 12/22/11
  by Yves Smith 4:56 am

• Michael Olenick: The Administration Likes Foxes in Charge of Henhouses – Proof that OCC Foreclosure Reviews Are a Sham
  by Yves Smith 4:40 am

• Philip Mirowski: The Seekers, or How Mainstream Economists Have Defended Their Discipline Since 2008 – Part IV
  by Yves Smith 4:14 am

• DoJ’s Christmas Present to Bank of America: $335 Million Settlement for Discriminatory Lending Charges at Countrywide
  by Yves Smith 4:03 am

December 21, 2011

• Wray: Krugman has shined the headlights on the crucial currency issuer-currency user difference
  by Edward Harrison 10:37 am

• Philip Mirowski: The Seekers, or How Mainstream Economists Have Defended Their Discipline Since 2008 – Part III
  by Yves Smith 4:40 am

• Links 12/21/11
  by Yves Smith 4:32 am

• Europe Braces for Long Winter
  by Yves Smith 4:23 am

• FHFA’s DeMarco Considering Backdoor Bankruptcy Principal Modification Program for Freddie and Freddie
  by Yves Smith 4:08 am

December 20, 2011

• Tom Miller Can’t Even Lie Well Anymore: Not Only No Deal By Christmas, As Promised, But Banks Upping Demands Even As Attorneys General Leave Table
  by Yves Smith 5:11 pm

• Links Hanukkah
  by Yves Smith 3:12 am

• Global Savings Glut or Global Banking Glut?
  by Yves Smith 2:58 am

• Philip Mirowski: The Seekers, or How Mainstream Economists Have Defended Their Discipline Since 2008 – Part II
  by Yves Smith 12:48 am

• Mark Ames: The Massacre Everyone Ignored – Up To 70 Striking Oil Workers Killed In Kazakhstan By US-Supported Dictator
  by Yves Smith 12:10 am

December 19, 2011

• Links 12/19/11
  by Yves Smith 5:11 am

• FHFA Inspector General End Runs DoJ, Joins Forces With New York Attorney General Schneiderman
  by Yves Smith 5:06 am

• Philip Mirowski: The Seekers, or How Mainstream Economists Have Defended Their Discipline Since 2008 – Part I
  by Yves Smith 3:32 am

• We Are Five Years Old
  by Yves Smith 1:29 am

December 18, 2011

• Matt Stoller: Taxpayers Paying to Defend ex-Fannie, Freddie Executives from SEC
  by Matt Stoller 9:44 pm

• Wolf Richter: Political Realities Threaten To Split The Eurozone
  by Yves Smith 12:38 pm

• Links 12/18/11
  by Lambert Strether 6:50 am

December 17, 2011

• #Occupy the SEC Nixes Repo Exclusions in the Volcker Rule
  by Lambert Strether 7:23 am

• Links 12/17/11
  by Lambert Strether 6:58 am

December 16, 2011

• George Washingston on SOPA: America’s Future: Russia and China Use Copyright Laws to Crush Government Criticism
  by Lambert Strether 10:07 pm

• Links 12/16/11
  by Yves Smith 6:46 am

• Bill Black: Dante’s Divine Comedy – Banksters Edition
  by Yves Smith 1:38 am

• ECB Success and Folly
  by Yves Smith 12:58 am

December 15, 2011

• Links 12/15/11
  by Yves Smith 3:49 am

• Michael Olenick: NAR’s Big Miss on Home Sales Underscores Lack of Transparency and Accuracy in Mortgage/Housing Data
  by Yves Smith 2:00 am

• As Bradley Manning Trial Proceedings Begin, Killers of Iraqi Civilians Go Unpunished
  by Yves Smith 1:36 am

• Revisiting Rehypothecation: JP Morgan Markets Its Latest Doomsday Machine (or Why Repo May Blow Up the Financial System Again)
  by Yves Smith 12:17 am

December 14, 2011

• “Let Them Eat Pink Slips”: CEO Pay Shot Up in 2010
  by Yves Smith 5:05 pm

• JP Morgan Hit by Ripple Effects of Rakoff Decisions Nixing SEC No Admission Settlements
  by Yves Smith 4:30 pm

• Links 12/13/11
  by Yves Smith 4:40 am

• From Bad to Worse for the IMF
  by Yves Smith 3:50 am

• Philip Pilkington: The Austrian Disease – Poor Scholarship, a Priori Bias
  by Yves Smith 2:40 am

• Satyajit Das: School for Economists
  by Yves Smith 12:49 am

December 13, 2011

• Hallelujah Corporations
  by Yves Smith 9:54 pm

• Links 12/13/11
  by Yves Smith 2:30 am

• CME to Customers: Drop Dead
  by Yves Smith 1:52 am

• Matt Stoller: Why Does the Dallas Fed President Want to Destroy West Coast Port Unions?
  by Yves Smith 12:05 am

December 12, 2011

• Philip Pilkington: A Scribbler’s Response to Marc Lavoie on MMT
  by Yves Smith 11:10 pm

• We Speak with Dylan Ratigan on Bank Extraction from the Economy
  by Yves Smith 7:58 pm

• Links 12/12/11
  by Yves Smith 5:46 am

• Matt Stoller: How the Federal Reserve Fights
  by Yves Smith 4:36 am

• Maureen Tkacik: The Anti-#Occupy/CIA Connection
  by Yves Smith 4:00 am

• Journey into a Libertarian Future: Response to Reader Comments
  by Yves Smith 3:43 am

• Class War: Low Wages and Beggar Thy Neighbor
  by Yves Smith 3:00 am

December 11, 2011

• Links 12/11/11
  by Yves Smith 4:21 am

• JP Morgan “Greed Washing”: Sponsors Orwellian TV Advertorial to Tout $2 Million of Charity Spending
  by Yves Smith 3:48 am

• Wolf Richter: Germany’s Last-Ditch Compromise, At A Price
  by Yves Smith 3:16 am

December 10, 2011

• Links 12/10/11
  by Yves Smith 5:45 am

• Eurocrisis Solutions For Whom?
  by Yves Smith 5:28 am

• Econoparody: The Cinders of Ayn Rand
  by Yves Smith 4:58 am

• Most Evil Person of the Year Award?
  by Yves Smith 3:53 am

December 9, 2011

• Links 12/9/11
  by Yves Smith 5:09 am

• Corzine’s Know-Nothing MF Global Defense
  by Yves Smith 4:32 am

• Quelle Surprise! Senate Republicans Block Confirmation of Richard Cordray as Head of CFPB
  by Yves Smith 2:27 am

• Piketty, Saez and Stantcheva: Taxing the 1% – Why the Top Tax Rate Could be Over 80%
  by Yves Smith 12:59 am

December 8, 2011

• Quelle Surprise! EBA Raises Eurobank Capital Targets, Finds They Need to Raise €115 Billion
  by Yves Smith 4:52 pm

• Dog Whistle Economics’ Code Words
  by Edward Harrison 11:51 am

• Links 12/8/11
  by Yves Smith 5:12 am

• Eurobonds Are Likely To Increase The Risk Of Joint Defaults In The Eurozone
  by Yves Smith 4:24 am

• Michael Olenick: Bank of America All In – Calling Moynihan’s Bluff to Bankrupt Countrywide
  by Yves Smith 4:15 am

• Central Banks Plan for Possible Euro Breakup as Merkel Focuses on Wrong Issues
  by Yves Smith 12:48 am

December 7, 2011

• Reminder: NYC Party This Friday @ 7 PM
  by Yves Smith 5:07 pm

• Links 12/7/11
  by Yves Smith 7:01 am

• Obama Road Tests Hopey-Changey Big Lie 2.0: He’ll Reincarnate as Teddy Roosevelt if You Are Dumb Enough to be Fooled Twice
  by Yves Smith 6:44 am

• Bernanke Escalates Foodfight with Bloomberg: Score Bloomberg 1, Fed 0
  by Yves Smith 5:50 am

• Philip Pilkington: Libertarianism and the Leap of Faith – The Origins of a Political Cult
  by Yves Smith 4:53 am

December 6, 2011

• “No People, No Problem”: The Baltic Tigers’ False Prophets of Austerity
  by Yves Smith 3:09 pm

• Links 12/6/11
  by Yves Smith 5:03 am

• Journey into a Libertarian Future: Part VI – Certainty
  by Yves Smith 3:26 am

• Has the Global Business Cycle Ended?
  by Yves Smith 2:33 am

• On the Austerity and Rule by Big Finance in Greece
  by Yves Smith 2:05 am

December 5, 2011

• The Real Reason for Obama’s Threat to Veto the Indefinite Detention Bill (Hint: It’s Not to Protect Liberty)
  by George Washington 8:47 pm

• Links 12/5/11
  by Yves Smith 6:23 am

• NYT’s James Stewart Runs PR for Compromised SEC Chief Khuzami Against Judge Rakoff on Proposed $285 Million Citi CDO Settlement
  by Yves Smith 6:00 am

• Journey into a Libertarian Future: Part V – Dark Realities
  by Yves Smith 5:15 am

• Richard Alford: The Lender of Last Resort, the Fed and the ECB
  by Yves Smith 5:00 am

• Alan Grayson on GAO Report on the Fed
  by Yves Smith 4:19 am

• Steve Keen on the Failings of Economics
  by Yves Smith 3:55 am

December 4, 2011

• Links 12/4/11
  by Yves Smith 4:37 am

• David Apgar: Could Germany Be Right about the Euro?
  by Yves Smith 2:15 am

• ContagionEx is For You!
  by Yves Smith 2:00 am

• NYC Holiday Get Together Friday December 9
  by Yves Smith 1:39 am

December 3, 2011

• Links 12/3/11
  by Yves Smith 2:50 am

• Rob Johnson on Real News Network on the Fed’s Lifeline to Eurobanks, and the Rationale for Austerity
  by Yves Smith 2:30 am

December 2, 2011

• Yasha Levine Released From Jail, Exposes LAPD’s Appalling Treatment Of Detained Occupy LA Protesters…
  by Yves Smith 5:38 pm

• GMAC Mugs Massachusetts for Insisting on the Rule of Law, Suspends Mortgage Lending in the State
  by Yves Smith 3:12 pm

• Wolf Richter: French Presidential Election – Coup De Grâce For The Euro?
  by Yves Smith 1:01 pm

• Links 12/2/11
  by Yves Smith 6:00 am

• Michael Hudson: Debt and Democracy – Has the Link Been Broken?
  by Yves Smith 5:24 am

• Journey into a Libertarian Future: Part IV – The Journey into a Libertarian Past
  by Yves Smith 5:00 am

• Matt Stoller: A Real Third Party? An Anti-Big Bank Republican? Yup.
  by Matt Stoller 4:09 am

• Philip Pilkington: A Point of Real Interest in the Latest Fed Minutes
  by Yves Smith 2:29 am

December 1, 2011

• Massachusetts Announces First Comprehensive Lawsuit Against Major Banks
  by Yves Smith 1:30 pm

• Journey into a Libertarian Future: Part III – Regulation
  by Yves Smith 6:55 am

• Links 12/1/11
  by Yves Smith 4:42 am

• Does Anybody Who Gets It Believe Central Banks Did All That Much Yesterday?
  by Yves Smith 4:23 am

• Former Award Winning Chase Banker Describes Predatory Mortgage Lending Practices
  by Yves Smith 2:09 am

• Mosler/Pilkington: Response to Yanis Varoufakis Regarding Our Eurozone Exit Plan
  by Yves Smith 12:19 am