Monthly Archives: September 2012

September 30, 2012

• Blatant Violation of Mortgage Settlement Elicits Predictable Limp-Wristed Response From Mortgage Monitor
  by Yves Smith 11:38 am

• Links 09/30/2012
  by Lambert Strether 6:55 am

• Modern Money and Public Purpose: The Historical Evolution of Money and Debt
  by Lambert Strether 3:16 am

• The Data Don’t Support That The U.S. Bank Bailouts Were Better Than the Swedish Model
  by Lambert Strether 12:40 am

September 29, 2012

• Links 09/29/2012
  by Lambert Strether 6:55 am

• Judges to Review Constitutionality of NDAA Military Detention Legislation
  by Lambert Strether 3:01 am

September 28, 2012

• O Frabjous Day! Callooh! Callay! A Jobs Story
  by Lambert Strether 10:38 pm

• A Review of Occupy the SEC on the One Year Anniversary of OWS – One Working Group’s Effort to Serve the Interests of the 99%
  by Yves Smith 6:28 pm

• Links 9/28/12
  by Yves Smith 5:53 am

• Quelle Surprise! Mortgage Settlement Monitor Advocates Going Easy on Servicers Since We Don’t Dare Ask Them to Spend Money to Meet Their Contractual Obligations
  by Yves Smith 4:57 am

• Did Scott Brown Have Patient Zero of the Foreclosure Fraud/Robosigning Scandal, Lender Processing Services, as a Client?
  by Yves Smith 4:22 am

• The Value of the Revolving Door: Political Appointees and the Stock Market
  by Yves Smith 1:47 am

September 27, 2012

• Links 9/27/12
  by Yves Smith 6:54 am

• On Manichean Worldviews and Effecting Change
  by Yves Smith 6:44 am

• Robert Jenkins: Puncturing Bankers’ Myths
  by Yves Smith 6:17 am

• The German Economy and the European Crisis
  by Yves Smith 5:38 am

• Spain is in Trouble
  by Yves Smith 3:36 am

September 26, 2012

• In Europe, It’s Debt vs. Jobs
  by Lambert Strether 10:28 am

• Links 9/26/12
  by Yves Smith 6:55 am

• On FICO’s Dubious Explanation of Why it Treats Short Sales the Same as Foreclosures
  by Yves Smith 3:10 am

• Sheila Bair Gives Her Account of the Crisis, and (Quelle Surprise!) the Bailouts and Geithner Do Not Look Pretty
  by Yves Smith 1:05 am

September 25, 2012

• No, Virginia, Mitt Romney Did Not Pay 14.1% in Taxes in 2011 as He Claims, He Paid Less
  by Yves Smith 5:39 pm

• Links 9/25/12
  by Yves Smith 4:57 am

• European Optimism Fades
  by Yves Smith 2:56 am

• The New Great Dictators Are Gaining Momentum In Europe
  by Yves Smith 2:20 am

• Romney Exhibits Symptoms of MBA Derangement Syndrome
  by Yves Smith 1:39 am

September 24, 2012

• Links 9/24/12
  by Yves Smith 6:55 am

• The Disheartening State of American Incomes
  by Yves Smith 4:50 am

• Bank of America Offers Mods with a Gag Order to Buy Silence
  by Yves Smith 3:25 am

• Michael Hudson: QE3 – Another Fed Giveaway to the Banks
  by Yves Smith 12:47 am

• Philip Pilkington: The 19th Century Long Depression: How it Fostered Oligopolistic Capitalism and Serves as a Model for Austerity
  by Yves Smith 12:28 am

September 23, 2012

• Links 9/23/12
  by Yves Smith 3:46 am

• “The Drugs Don’t Work”: How the Medical-Industrial Complex Systematically Suppresses Negative Studies
  by Yves Smith 2:37 am

• On Combatting Trolls
  by Yves Smith 1:23 am

September 22, 2012

• Links 9/22/12
  by Lambert Strether 6:55 am

• Black Report: Top Justice official tells Wall St. how to avoid prosecution
  by Lambert Strether 3:39 am

• Wolf Richter: Catalonia Cries for Independence While the Spanish Military Threatens To “Crush” The “Vultures”
  by Yves Smith 2:07 am

• Simon Johnson, Peter Boone: The Doomsday Cycle Turns: Who’s Next?
  by Lambert Strether 1:51 am

September 21, 2012

• Links 9/21/12
  by Yves Smith 6:22 am

• FHFA to States that Uphold the Rule of Law: Drop Dead
  by Yves Smith 4:40 am

• Europe’s Economy Sinks from Sight
  by Yves Smith 4:24 am

• The Bears Explain Where Money Comes From
  by Yves Smith 2:25 am

• Yes, Really, Truly, No Joke, That Schneiderman Mortgage Task Force is Gonna Get Someone….Soon!
  by Yves Smith 12:14 am

September 20, 2012

• Links 9/20/12
  by Yves Smith 6:55 am

• Project S.H.A.M.E.: Megan McArdle, a Covert Republican Party Activist Trained by the Billionaire Koch Brothers
  by Yves Smith 6:40 am

• New Study Finds “Severe Toxic Effects” of Pervasively Used Monsanto Herbicide Roundup and Roundup Ready GM Corn (Updated)
  by Yves Smith 3:17 am

• Mirabile Dictu! Bloomberg Finally Notices Deposit Flight, a Major Threat to the Eurozone
  by Yves Smith 2:09 am

September 19, 2012

• Another Bearish China Signal? Expats Starting to Decamp
  by Yves Smith 7:28 pm

• Links 9/19/12
  by Yves Smith 9:13 am

• Mirable Dictu! Has Someone Noticed the IRS isn’t Enforcing Tax Laws in the Mortgage-Industrial Complex?
  by Yves Smith 6:00 am

• So How’s That QE3 Working?
  by Yves Smith 4:02 am

September 18, 2012

• Ian Fraser: UK Bank Regulator, FSA, Protects Powerful Cronies and Undermines Proper Bank Reform
  by Yves Smith 6:43 pm

• Bill Black: Romney Dooms his Candidacy by Doing the Full Murray
  by Yves Smith 4:36 pm

• Links 9/18/12
  by Yves Smith 5:03 am

• Michael Hudson on How Finance Capital Leads to Debt Servitude
  by Yves Smith 4:07 am

• Yanis Varoufakis: The Game of the Two Marios
  by Yves Smith 3:19 am

• Central Banks Versus the People
  by Yves Smith 1:36 am

September 17, 2012

• Links 9/17/12
  by Yves Smith 4:51 am

• Is QE3 Yet Another Stealth Bank Bailout?
  by Yves Smith 4:15 am

• Eugene Linden: In a World of Underpriced Risk, What Could Possibly Go Wrong?
  by Yves Smith 3:08 am

• Michael Olenick: Textbooks – Predatory Business Practices, by the Book
  by Yves Smith 2:28 am

• Debunking the “It’s China’s Fault That American Worker Real Wages are Falling” Myth
  by Yves Smith 1:11 am

September 16, 2012

• Links 9/16/12
  by Yves Smith 2:59 am

• Local DAs Allowing Debt Collectors to Use Their Letterhead, Split Fees from Shakedown
  by Yves Smith 1:48 am

• Yanis Varoufakis on the Crisis in Greece
  by Yves Smith 1:35 am

• Dan Kervick: Shamanistic Economics
  by Yves Smith 1:08 am

September 15, 2012

• Links 9/15/12
  by Yves Smith 6:55 am

• Marcy Wheeler: Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations
  by Yves Smith 1:14 am

• Income Inequality and the Death of Trickledown
  by Lambert Strether 1:00 am

September 14, 2012

• Police State Watch: NYPD to Install Checkpoints, Demand ID in Lower Manahttan on OWS Anniversary
  by Yves Smith 8:31 pm

• Links 9/14/12
  by Yves Smith 6:55 am

• The Fed’s QE3: No Exit
  by Yves Smith 5:41 am

• Occupy Wall Street 2.0: The Debt Resistors’ Operations Manual
  by Yves Smith 2:51 am

• Automatic Weapons for Fun and Profit
  by Yves Smith 1:18 am

September 13, 2012

• Yanis Varoufakis: Europe’s Modern Titanomachy – How Europe’s Future is Being Shaped by Large Battles on Seemingly Small Matters
  by Yves Smith 7:45 pm

• Links 9/13/12
  by Yves Smith 6:55 am

• How Coal Brought Us Democracy, and Oil Ended It: Lessons from the New Book “Carbon Democracy”
  by Matt Stoller 6:41 am

• On Economic Methodology: An Interview with Sheila Dow
  by Yves Smith 4:01 am

September 12, 2012

• More Evidence of Failure of Obama’s Policies: Census Data Shows Median Incomes Fall, Income Disparity Rises
  by Yves Smith 4:20 pm

• Links 9/12/12
  by Yves Smith 4:31 am

• Quelle Surprise! Regulatory Measures to Reduce Systemic Risk Are Proving to Be Ineffective, Possibly Counterproductive
  by Yves Smith 4:15 am

• The Poster Child of Austerity is Lost
  by Yves Smith 3:25 am

September 11, 2012

• Andrew Ross Sorkin’s Bad Math on AIG
  by Yves Smith 5:51 pm

• Bloomberg Ranks Most and Least Miserable States
  by Yves Smith 2:31 pm

• Links 9/11/12
  by Yves Smith 6:55 am

• Getting Economics to Acknowledge Rentier Finance
  by Yves Smith 4:45 am

• Waldman’s Rational Astrologies, or the Use and Misuse of Conventional Wisdom
  by Yves Smith 1:40 am

September 10, 2012

• The Euro as Idealist Project or: How I Learned to Stop Worrying and Love Pragmatic Elites
  by Nathan Tankus 4:11 pm

• Links 9/10/12
  by Lambert Strether 6:55 am

• Sheila Bair Visits Occupy Wall Street
  by Yves Smith 4:32 am

• “Code is law” Once More
  by Lambert Strether 4:00 am

• Now It’s Back to Europe’s Politicians
  by Lambert Strether 2:00 am

September 9, 2012

• Links 9/9/12
  by Lambert Strether 6:55 am

• The Virtues of “Système Débrouiller”
  by Lambert Strether 6:53 am

• “We” Don’t Owe $16 Trillion; and You Don’t Owe $50,000
  by Lambert Strether 5:00 am

• What Voting Can Look Like
  by Lambert Strether 3:00 am

September 8, 2012

• Links 9/8/12
  by Lambert Strether 6:55 am

• Subprime Auto Nation
  by Lambert Strether 3:00 am

September 7, 2012

• The BLS Jobs Report Covering August 2012: Some Sound and Fury but Mostly Nothing
  by Lambert Strether 9:07 pm

• Business Insider Solicits, Then Refuses to Publish, Story on Suspicious Foreclosure-Related Death of Sunny Sheu
  by Yves Smith 1:40 pm

• Draghi delivers (never mind the economy)
  by Matt Stoller 12:00 pm

• DNC Convention Slogan: “Give Me More Time”
  by Matt Stoller 11:02 am

• Links 9/7/12
  by Matt Stoller 5:55 am

• Markets Applaud Draghi’s New, Improved Kick the Can Down the Road Strategy
  by Yves Smith 2:28 am

• Ohio Department of Natural Resources: We’ll Let the Public Know What’s Happening After You Can No Longer Object
  by Lambert Strether 12:30 am

September 6, 2012

• We’re Not Broke and the Clinton Surpluses Destroyed the US Economy
  by Lambert Strether 8:17 pm

• In 2012 Democratic Convention, Unity without Unions
  by Matt Stoller 9:53 am

• Germany Slides into Recession
  by Matt Stoller 9:16 am

• Links, 9/6/12
  by Matt Stoller 5:55 am

• Private Equity: The Mechanics of Intellectual Capture
  by Yves Smith 5:01 am

September 5, 2012

• Broken Democratic Platform Promises from 2008
  by Matt Stoller 4:30 pm

• A breakthrough in Europe?
  by Matt Stoller 11:05 am

• George Soros’s Three Month Window on Eurozone Crisis Management Is Up
  by Matt Stoller 9:07 am

• Private Equity Fund Terms
  by Yves Smith 6:28 am

• Links 9/5/12
  by Matt Stoller 5:55 am

• Exchange Rates and Modern Trade Theory: An Interview with John Harvey
  by Yves Smith 2:29 am

• The Banks Are Bluffing – They Aren’t Moving Anywhere
  by Yves Smith 2:02 am

September 4, 2012

• 52 Shades of Greed: Occupy Wall Street Playing Card Deck
  by Yves Smith 4:55 pm

• The European Zombie Slouches On
  by Matt Stoller 2:35 pm

• Ian Welsh: Some basics on the economy
  by Matt Stoller 11:00 am

• The Fake Election: 10 Arguments The Republicans Aren’t Making
  by Matt Stoller 9:30 am

• Links 9/4/12
  by Matt Stoller 5:55 am

• Mortgage Settlement Monitor Hires Firm that Has Worked on Countrywide Matters
  by Yves Smith 2:51 am

• How Was Your Vacation Economy?
  by Yves Smith 12:58 am

September 3, 2012

• Richard Wood: Jackson Hole, the crisis and policy responses: A new orthodoxy
  by Lambert Strether 3:16 pm

• Dan Kervick: The Emancipation of the Unemployed
  by Lambert Strether 11:00 am

• Links 9/3/12
  by Lambert Strether 6:55 am

• Lynn Parramore: The Secret of the Sauce: What Democrats Need to Know About North Carolina’s Kick-Ass Populism
  by Lambert Strether 5:00 am

• Black Report: Majority of Wall St. Money Now Goes to Romney
  by Lambert Strether 2:02 am

September 2, 2012

• Links 9/2/12
  by Lambert Strether 6:55 am

• Two Cheers for Clint Eastwood
  by Lambert Strether 5:30 am

• Will Galison and Milton Allimadi: The Death of Sunny Sheu
  by Lambert Strether 12:00 am

September 1, 2012

• Links 9/1/12
  by Lambert Strether 6:55 am

• What Is This Money Thing Anyway?
  by Lambert Strether 3:54 am

• Wilkerson on GOP Convention
  by Lambert Strether 3:24 am

• Chris Hedges: Hear the 99% Roar
  by Yves Smith 12:58 am