Monthly Archives: January 2013

January 31, 2013

• Links 1/31/13
  by Yves Smith 6:46 am

• Quelle Surprise! IMF Always Prescribes the Same Austerity Hairshirt
  by Yves Smith 5:56 am

• Mirabile Dictu! Finally, Someone (Amar Bhide) Questions Benefits of Mortgage Securitization
  by Yves Smith 5:10 am

• Modern Monetary Theory, Bears 2.0 Style
  by Yves Smith 1:36 am

• Marcy Wheeler: Lanny Breuer Now Blames 94 US Attorneys for Immunizing Banksters
  by Yves Smith 12:51 am

January 30, 2013

• Bank of America Foreclosure Reviews: How the Cover-Up Happened (Part IV)
  by Yves Smith 5:47 am

• Links 1/30/2013
  by Lambert Strether 5:45 am

• Iran on the Offensive
  by Yves Smith 5:20 am

• The Origins of Neoliberalism Part IV: A Map of Hayek’s Delusion
  by Yves Smith 5:18 am

• Spain Bucks the Happiness Trend
  by Lambert Strether 3:55 am

January 29, 2013

• Bank of America Foreclosure Reviews: Why the Cover-Up Happened (Part IIIB)
  by Yves Smith 5:50 am

• Bank of America Foreclosure Reviews: Why the Cover-Up Happened (Part IIIA)
  by Yves Smith 5:49 am

• Links 1/29/2013
  by Lambert Strether 5:45 am

• Geithner Finally Leaves Treasury, Blurts a Whole Series of Lies on His Way Out
  by Nathan Tankus 5:35 am

• Iceland’s Lessons on How to Fix a Bank Crisis
  by Lambert Strether 4:55 am

January 28, 2013

• Links 1/28/2013
  by Lambert Strether 6:55 am

• Philip Pilkington: Purging Economics of Religion – A Rebuttal to Robert Nelson’s Defence of The Great Chain of Being
  by Yves Smith 6:05 am

• So, Why That Mysterious $114 Billion Bank Deposits Withdrawal in Early January?
  by Lambert Strether 3:45 am

• Wolf Richter: Could 87% of the French Really Want A Strongman To Reestablish Order?
  by Yves Smith 2:50 am

• Bill Black: The Handmaiden of Capitalism v. the ‘Swamp’ Denizen of Detroit William K. Black
  by Lambert Strether 1:31 am

January 27, 2013

• Links 1/27/13
  by Lambert Strether 6:55 am

• Brian Fey “Solving the Human Problem on Earth” with Permaculture in the Bosque Village
  by Lambert Strether 4:00 am

• Jobs and Growth Are Still Linked (That Is, Okun’s Law Still Holds)
  by Lambert Strether 3:29 am

January 26, 2013

• Links Australia Day 2013
  by Yves Smith 2:14 am

• Bill Black: Why the World Economic Forum and Goldman Sachs are Capitalism’s Worst Enemies
  by Yves Smith 2:01 am

January 25, 2013

• Appeals Court Ruling May Nullify Consumer Finance Protection Bureau Rulemakings
  by Yves Smith 11:35 pm

• Links 1/25/13
  by Yves Smith 3:32 am

• Richard Koo Debunks the “Deleveraging is Almost Done, American Consumer Getting Ready for Good Times” Meme
  by Yves Smith 2:55 am

• German Hope, French Despair
  by Yves Smith 1:33 am

• Ian Fraser: Something Sinister About the Lack of Prosecutions at Lehman Brothers
  by Richard Smith 12:29 am

January 24, 2013

• Links 1/24/13
  by Yves Smith 6:55 am

• The Garrulous Insolence of Simon Thompson and Anthony Browne
  by Richard Smith 6:51 am

• Econ4 Discusses Regulation
  by Yves Smith 12:01 am

January 23, 2013

• For Once, Maybe Lying Does Not Pay: DoJ’s Lanny Breuer Resignation Leaked After Frontline Appearance
  by Yves Smith 6:57 pm

• Lance Armstrong Case Shows Lying Pays
  by Yves Smith 1:04 pm

• Links 1/23/12
  by Yves Smith 6:59 am

• China Economic Paradigm Nearing End Game
  by Yves Smith 5:31 am

• The Persistent Power of Finance, Um, JP Morgan
  by Yves Smith 1:53 am

January 22, 2013

• Bank of America Foreclosure Reviews: Whistleblowers Reveal Extensive Borrower Harm and Orchestrated Coverup (Part II)
  by Yves Smith 12:51 pm

• Bank of America Foreclosure Reviews: Whistleblowers Reveal Extensive Borrower Harm and Orchestrated Coverup (Part I – Executive Summary)
  by Yves Smith 12:50 pm

• Links 1/22/13
  by Lambert Strether 6:55 am

• After Obama Decided to Sell The Inaugural to Corporations, Did He Even Make His Sales Quota?
  by Lambert Strether 4:45 am

• Why financial markets are inefficient
  by Lambert Strether 12:30 am

January 21, 2013

• Links 1/21/13
  by Yves Smith 6:58 am

• Philip Pilkington: The Degenerating Discourse of Mainstream Economics
  by Yves Smith 12:33 am

January 20, 2013

• Links 1/20/13
  by Yves Smith 6:18 am

• Brief Remarks on Gun Culture in Celebration of Gun Deprecation Day
  by Lambert Strether 5:55 am

• Reader Critical Thinking Test! How Many Things Can You Find Wrong with Adam Davidson’s Latest Article?
  by Yves Smith 5:36 am

• Mirabile Dictu! Obama Likely to Nominate Mary Jo White to Head SEC
  by Yves Smith 5:22 am

January 19, 2013

• Links 1/19/13
  by Yves Smith 4:20 am

• All Good Democrats Applaud Republicans Rearranging Battle Lines in Austerity Phony War
  by Yves Smith 3:40 am

• What are the German Bankers Thinking?
  by Yves Smith 1:26 am

January 18, 2013

• Links 1/18/13
  by Yves Smith 6:55 am

• New Ruling on Mortgage Putbacks a Potential Huge Win for Banks
  by Yves Smith 4:16 am

• Philip Pilkington: The Japanese Stimulus – Will It Work?
  by Yves Smith 4:09 am

• Joe Firestone: The Great Austerity Swindle!
  by Yves Smith 2:05 am

• Using Social Media Efficiently
  by Yves Smith 2:01 am

January 17, 2013

• Links 1/17/13
  by Yves Smith 6:55 am

• Republicans Backing Away from Debt Ceiling Brinksmanship, to Hold Line on Sequestration and Budget
  by Yves Smith 6:50 am

• Schadenfreude Alert: Has Departing SEC Enforcement Chief Robert Khuzami Become Damaged Goods?
  by Yves Smith 6:07 am

• Will New Consumer Financial Protection Bureau New Rules for Struggling Homeowner Stop Predatory Servicing?
  by Yves Smith 4:42 am

• Bill Black: German Growth Goes Negative but Merkel’s Press Remains Glowing
  by Yves Smith 12:31 am

January 16, 2013

• Links 1/16/13
  by Yves Smith 7:00 am

• Going Platinum
  by Lambert Strether 5:45 am

• Devolution: Welcome to the World Where Things Don’t Work Well
  by Yves Smith 4:45 am

• Banksters’ Useful Idiots: Brockton Considers Dubious Eminent Domain Strategy, Tainting More Legitimate Uses
  by Yves Smith 2:24 am

• Marcy Wheeler: Once Again, Jamie Dimon Gets Special Treatment
  by Yves Smith 12:13 am

January 15, 2013

• More Whistleblower Leaks on Foreclosure Settlement Show Both Suppression of Evidence and Gross Incompetence
  by Yves Smith 11:30 am

• Links 1/15/13
  by Yves Smith 6:44 am

• Aaron Swartz at Risk
  by Lambert Strether 6:15 am

• The Incredible Shrinking HBOS Fraud
  by Richard Smith 5:14 am

• Richard Alford: To Learn or Not to Learn, That is the Question
  by Yves Smith 2:51 am

• The Power Of Selling Out: Your Customers As Political Capital
  by Lambert Strether 2:06 am

January 14, 2013

• Aaron Swartz’s Politics
  by Matt Stoller 8:29 am

• Links 1/14/13
  by Lambert Strether 8:28 am

• Help Us Find a Super Duper Intern
  by Yves Smith 8:27 am

• Joe Firestone: Austerian Obama Kisses Platinum Coin Bargaining Chip Goodbye, but the Coin May Rise Again
  by Yves Smith 4:05 am

• The CFPB’s New Stealth Usury Law on Mortgages and Why It’s Desirable
  by Yves Smith 4:03 am

• NC Ranked #2 Among 100 Anglo-Saxon Financial Blogs
  by Yves Smith 12:24 am

January 13, 2013

• Links 1/13/13
  by Lambert Strether 6:55 am

• Bill Moyers: Paul Krugman Explains the Keys to Our Recovery
  by Lambert Strether 5:15 am

• Eric Tymoigne: Public Debt, Debt Ceiling and Monetary Sovereignty: Some Accounting Realities
  by Lambert Strether 1:28 am

January 12, 2013

• Links 1/12/13
  by Yves Smith 4:09 am

• Untold History: The Coup Against Wallace and What Might Have Been
  by Yves Smith 1:18 am

• Bill Black: Krugman and Obama’s Dangerous Austerity Myths
  by Yves Smith 1:05 am

January 11, 2013

• Links 1/11/13
  by Yves Smith 4:56 am

• UBS Risk Management Fiasco Illustrates Hidden Big Bank IT Time Bombs
  by Yves Smith 3:36 am

• Philip Pilkington: The Origins of Neoliberalism, Part III – Europe and the Centre-Left Fall under Hayek’s Spell
  by Yves Smith 1:48 am

• Wolf Richter: How Americans Stack Up In Dying From Violence, War, Suicide, And Accidents
  by Yves Smith 12:02 am

January 10, 2013

• Another Nightmare, “Zombie Title” Shows How Servicer Refusal to Foreclose Hurts Stressed Homeowners and Communities
  by Yves Smith 4:26 pm

• Links 1/10/13
  by Yves Smith 6:55 am

• Philip Pilkington: The Origins of Neoliberalism, Part II – The Americanisation of Hayek’s Delusion
  by Yves Smith 6:08 am

• Project S.H.A.M.E: The Recovered History of Charles Murray
  by Yves Smith 4:02 am

• Dan Kervick: US Double-Dip Death Watch Continues
  by Yves Smith 3:47 am

• Former Deutsche Bank Employee Claims Bank Took Big Libor Bets During Crisis Because It Could Influence Rates
  by Yves Smith 12:58 am

January 9, 2013

• Links 1/9/13
  by Yves Smith 6:57 am

• Schadenfreude Alert: With or Without AIG’s Help, Hank Greenberg Plans to Torture Treasury and Geithner
  by Yves Smith 6:32 am

• Eric Zuesse: Obama Administration Lies, Then Covers Up, to Minimize BP Liabilities for Deepwater Horizon Disaster
  by Yves Smith 6:30 am

• Philip Pilkington: The Origins of Neoliberalism, Part I – Hayek’s Delusion
  by Yves Smith 5:50 am

• Imminent Death of the Blogs Predicted, Except Not
  by Lambert Strether 3:35 am

January 8, 2013

• Links 1/8/12
  by Yves Smith 6:18 am

• $8.5 Billion Foreclosure Fraud Settlement: Yet Another Loss for Homeowners Touted as a Victory
  by Yves Smith 4:02 am

• Yes, Virginia, the Department of Justice Really Believes It has Been Tough on Corporate Fraud
  by Yves Smith 3:04 am

• Bill Black: Why Neo-Liberals Need to Dismiss Latin Americans as “Idiots”
  by Yves Smith 12:05 am

January 7, 2013

• Ian Fraser: Corruption allegations, major fraud inquiries, links to pornographic magazines … and a luxury yacht. Welcome to the world of banking
  by Richard Smith 7:00 pm

• Links 1/7/12
  by Yves Smith 6:10 am

• Why Corporate Subsidies in the Fiscal Cliff Bill Matter: We Can Stop Corruption If We Understand It
  by Matt Stoller 6:06 am

• Lazy Corporate Monopolies Are Why America Can’t Have Nice Things
  by Matt Stoller 5:47 am

• Debunking (Yet Another) Scaremongering New York Times Op Ed on Social Security
  by Yves Smith 5:24 am

• SEC Gives JP Morgan and Other Big Banks License to Manipulate Commodities
  by Yves Smith 2:25 am

January 6, 2013

• Links 1/6/12
  by Yves Smith 6:55 am

• New York Times Article Tells Big Lies on Impact of Fiscal Cliff Deal on Rich v. Ordinary Americans
  by Yves Smith 6:30 am

• Eric Zuesse: Understanding President Obama’s Strategy to Force Cutting Social Security, Medicare, and Medicaid (Updated)
  by Yves Smith 6:00 am

January 5, 2013

• Links 1/5/13
  by Yves Smith 6:22 am

• US Suit Forces Closure of Swiss Bank, or More Accurately, What Little Was Left of It
  by Yves Smith 5:58 am

• The BLS Jobs Report Covering December 2012: Good, Bad, Indifferently Bad, Take Your Pick
  by Lambert Strether 4:55 am

• Yes, Virginia, The Rich Did Very Well With the Fiscal Cliff Deal
  by Yves Smith 3:12 am

• Belated Christmas of Sorts Here at NC
  by Yves Smith 2:07 am

January 4, 2013

• Links 1/4/12
  by Yves Smith 6:55 am

• Michael Hudson: America’s Deceptive 2012 Fiscal Cliff, Part IV– Why Financial and Tax Reform Should Go Together
  by Yves Smith 6:07 am

• IMF Admits More Mistakes
  by Yves Smith 4:04 am

• OCC Foreclosure Reviewer: “Independent” Reviews Were Controlled by Banks, Which Suppressed Any Findings of Harm to Foreclosed Homeowners
  by Yves Smith 3:18 am

• The Political Implications of America’s Oil & Gas Boom – James Kwak Interview
  by Yves Smith 1:50 am

January 3, 2013

• Latvia’s Economic Disaster as a Neoliberal Success Story: A Model for Europe and the US?
  by Yves Smith 6:53 am

• Links 1/3/13
  by Yves Smith 6:16 am

• Pending Foreclosure Fraud Settlement Achieves New Level of Abject Regulatory Failure
  by Yves Smith 4:14 am

• Schadenfreude Alert: SEC Enforcement Chief Khuzami Issues Wounded Reply to Simon Johnson
  by Yves Smith 12:38 am

January 2, 2013

• Robots Don’t Destroy Jobs; Rapacious Corporate Executives Do
  by Yves Smith 1:43 pm

• Philip Pilkington: The New York Times’ Bizarre and Misleading Praise of Austerity Poster Child Latvia
  by Yves Smith 1:37 pm

• Links 1/2/13
  by Yves Smith 6:42 am

• Michael Hudson: America’s Deceptive 2012 Fiscal Cliff, Part III– Why Today’s Fiscal Squeeze Imposes Needless Austerity
  by Yves Smith 6:09 am

January 1, 2013

• Eight Corporate Subsidies in the Fiscal Cliff Bill, From Goldman Sachs to Disney to NASCAR
  by Matt Stoller 8:57 pm

• Lynn Parramore: 6 Reasons Joseph Stiglitz and Other Top Economists Think Means-Testing Medicare & Social Security Is a Destructive Idea
  by Yves Smith 1:35 pm

• The Fecal Cliff
  by Lambert Strether 3:45 am

• Links New Year 2013
  by Yves Smith 2:56 am