Monthly Archives: March 2013

March 31, 2013

• Links 3/31/13
  by Yves Smith 3:35 am

• Pop Quiz: How Big Is the Bailout Of Cyprus?
  by Yves Smith 3:06 am

• Obama Plans to Sacrifice Ordinary Americans Yet Again in “Public/Private Partnership” Infrastructure Scam
  by Yves Smith 2:42 am

March 30, 2013

• Links 3/30/13
  by Yves Smith 4:21 am

• Destruction of Cyprus Economy Proceeding Ahead of Schedule
  by Yves Smith 4:00 am

• Michael Hudson Discusses Why We Need Public Banks to Prevent Cannibalization of the Economy on Real News Network
  by Yves Smith 1:30 am

March 29, 2013

• Links 3/29/13
  by Yves Smith 4:31 am

• Will Slovenia Be the Next Victim of German Politics?
  by Yves Smith 3:20 am

• The Capital Controls in Cyprus and the Icelandic Experience
  by Yves Smith 1:59 am

• More Scientific Evidence Linking Fracking and Earthquakes
  by Yves Smith 12:42 am

March 28, 2013

• Links 3/28/13
  by Yves Smith 3:02 am

• Barack Obama’s Economic Legacy: The Billionaire-Boosting Big Four on His Wish List
  by Yves Smith 3:00 am

• Oligarchy Exists Inside Our Democracy
  by Yves Smith 2:38 am

• Wolf Richter: The Stunning Differences In European Costs Of Labor – Or Why “Competitiveness” Is A Beggar-Thy-Neighbor Strategy
  by Yves Smith 2:25 am

• The Terrifying Political Economy of Waiting
  by Nathan Tankus 2:09 am

March 27, 2013

• Yanis Varoufakis: The Good, the Bad and the Extremely Ugly (Aspects of the Cyprus Deal)
  by Yves Smith 1:09 pm

• Links 3/27/13
  by Yves Smith 4:50 am

• Philip Pilkington: Mistaking Men for Machines – How Neoclassical Economics Relies on Computer Science to Misunderstand Human Communication
  by Yves Smith 3:14 am

• Free Trade and Unrestricted Capital Flow: How Billionaires Get Rich and Destroy the Rest of Us
  by Yves Smith 2:47 am

• Real Pragmatism for Real Climate Change: Interview with Dr. John Abraham
  by Yves Smith 1:32 am

March 26, 2013

• David Dayen: OCC, Fed Stonewalling Congressional Oversight of Independent Foreclosure Reviews
  by David Dayen 1:41 pm

• Links 3/26/13
  by Yves Smith 6:42 am

• Michael Hudson Explains How Deficit Hysterics Target the Wrong Type of Debt
  by Yves Smith 12:56 am

• World Derivatives Market Estimated As Big As $1.2 Quadrillion Notional, as Banks Fight Efforts to Rein It In
  by Yves Smith 12:10 am

• Bitcoin Bubble or New Virtual Currency?
  by Yves Smith 12:05 am

March 25, 2013

• Why Does No One Speak of America’s Oligarchs?
  by Yves Smith 6:59 am

• Links 3/25/13 – Updated with new Cyprus links (again!)
  by Lambert Strether 6:55 am

• Pioneering Permaculture in Cyprus, Parts I and II
  by Lambert Strether 4:10 am

• Will Cyprus Be Contained? (Updated)
  by Yves Smith 3:20 am

• Eurozone: Looking for Growth
  by Lambert Strether 1:10 am

March 24, 2013

• Links 3/24/13 – UPDATED (with a few Cyprus links)
  by Lambert Strether 5:40 am

• The Mother of All Demos, presented by Douglas Engelbart (1968)
  by Lambert Strether 5:37 am

• Yanis Varoufakis: While Waiting for Cyprus’ Godot….
  by Lambert Strether 1:15 am

March 23, 2013

• Links 3/23/13
  by Yves Smith 3:12 am

• Repeat After Me, Cyprus Is (Was) Not a Tax Haven
  by Yves Smith 2:11 am

• Sheila Bair Talks about Bank Greed, JP Morgan London Whale Hearings on Bill Moyers
  by Yves Smith 1:58 am

• BRICs Cook the Climate (Part Two)
  by Yves Smith 1:34 am

March 22, 2013

• Cyprus Capitulates to Eurozone (Updated)
  by Yves Smith 6:35 pm

• Links 3/22/13
  by Yves Smith 3:00 am

• Wolf Richter: A CEO Explains Why He Sold A German Soul To The Chinese
  by Yves Smith 2:46 am

• While Cyprus Sinks, France and Slovenia Start to Founder
  by Yves Smith 2:02 am

• Bill Black: The NY Times Calls Peterson Front Group Third Way “Center-Left” and Turns a Study on its Head
  by Yves Smith 1:30 am

March 21, 2013

• Krugman’s Bad Math on Cyprus
  by Yves Smith 3:27 pm

• Link 3/21/13
  by Yves Smith 6:58 am

• ECB to Push Cyprus Over the Brink
  by Yves Smith 6:21 am

• Cyprus Bailout: What to do Now?
  by Yves Smith 5:05 am

• BRICs Cook the Climate (Part One)
  by Yves Smith 4:25 am

• Julian Assange Previews Next Fall’s Zero Dark Thirty Propaganda Sequel
  by Lambert Strether 1:55 am

March 20, 2013

• Cyprus: Will the Mouse That Roared be Gored? (Updated)
  by Yves Smith 8:24 am

• Cyprus Bailout: Stupidity, Short-Sightedness, Something Else?
  by Yves Smith 7:18 am

• Link 3/20/13
  by Yves Smith 6:58 am

• The Dangers of a Chinese Financial Crisis
  by Yves Smith 3:02 am

• Philip Pilkington: Why MMT is Right and the Dreamers are Wrong – Kaldor Versus the Kaldorians
  by Yves Smith 2:13 am

March 19, 2013

• Gaming the Cyprus Negotiations (Updated)
  by Yves Smith 7:45 am

• Links 3/19/13
  by Yves Smith 6:58 am

• When You Weren’t Looking, Democrat Bank Stooges Launch Bills to Permit Bailouts, Deregulate Derivatives
  by Yves Smith 5:36 am

• Bill Black: O’Donnell Thinks Krugman is “A Lonely Voice Opposing Austerity” Because he Listens to MSNBC
  by Yves Smith 1:53 am

• Wolf Richter: Housing Bubble II – But This Time It’s Different
  by Yves Smith 1:01 am

March 18, 2013

• The Cyprus File
  by Richard Smith 5:20 pm

• Links 3/18/13
  by Yves Smith 5:59 am

• Bizarre New York Times Article on Lousy Finances of the Young Gives Undue Prominence to Housing as an Investment
  by Yves Smith 4:38 am

• Hair of the Dog that Bit Us: Capital Requirements Provide Ethical Cover for Abuse of the Safety Net
  by Yves Smith 3:03 am

• Will Cyprus Become Creditanstalt 2.0?
  by Yves Smith 3:00 am

• Cyprus: The Next Blunder
  by Yves Smith 2:49 am

March 17, 2013

• Links 3/17/13
  by Yves Smith 2:43 am

• You Too Can Live the Galtian Fantasy….12 Miles from San Francisco!
  by Yves Smith 2:33 am

March 16, 2013

• Cyprus’ Bank Deposit Bail-in
  by Edward Harrison 12:01 pm

• Links 3/16/13
  by Yves Smith 2:45 am

• James Steele: America’s Point Man in Fomenting Sectarian Violence and Torture in Iraq
  by Yves Smith 2:27 am

• Jeff Madrick: CBO’s Lack of Independence Means We Need a Shadow CBO
  by Yves Smith 1:42 am

March 15, 2013

• Live Blogging JP Morgan Senate Hearing – a Rogue Institution on the Hot Seat
  by Yves Smith 10:19 am

• Links 3/15/13
  by Lambert Strether 6:55 am

• Jenny Pell: Seattle’s Food Forest/Bonfire Heights 2012
  by Lambert Strether 4:19 am

• Senate “Whale” Report Reveals JP Morgan as a Lying, Scheming Rogue Trader (Quelle Surprise!)
  by Yves Smith 3:16 am

• Michael Hoexter: Without an Effective Macroethics, Our Civilization is Doomed
  by Lambert Strether 1:00 am

• Yanis Varoufakis: Lest We Forget – The Neglected Roots of Europe’s Slide to Authoritarianism
  by Yves Smith 12:24 am

March 14, 2013

• Steve Keen: How Krugman Lost Equilibrium (Part 2)
  by David Dayen 10:52 am

• Links Pi Day
  by David Dayen 4:00 am

• David Dayen: The Gradual Privatization of Medicaid
  by David Dayen 3:25 am

• David Dayen: Out of Control – New Report Exposes JPMorgan Chase as Mostly a Criminal Enterprise
  by David Dayen 1:21 am

• Cathy O’Neil: Black Scholes and the normal distribution
  by David Dayen 12:15 am

March 13, 2013

• Links 3/13/13
  by David Dayen 5:00 am

• David Dayen: The Budget/Austerity/Catfood Moebius Strip
  by David Dayen 3:00 am

• Wolf Richter: Is The End Of The ‘Coercive Euro Association’ Taking Shape In Germany?
  by David Dayen 2:10 am

• Bill Black: Which Aspect of the FDIC’s Litigation Failures is the Most Embarrassing and Damaging?
  by David Dayen 1:05 am

• Dave Dayen: Raj Date Retreats to “Sanctity of Contracts” Defense to Excuse CFPB for Suboptimal Servicing Rules
  by David Dayen 12:10 am

March 12, 2013

• Links 3/12/13
  by Yves Smith 6:19 am

• What is Modern Monetary Theory, or “MMT”?
  by Yves Smith 12:31 am

• FDIC Hides “Scores” of Bank Settlements Since 2007
  by Yves Smith 12:15 am

• China’s Exploding Debt
  by Yves Smith 12:10 am

• Did Intrade Do an MF Global?
  by Yves Smith 12:03 am

March 11, 2013

• Links 3/11/13
  by Lambert Strether 5:55 am

• Beppe Grillo on the Money System: Stand-up show, 1998
  by Lambert Strether 5:18 am

• Lynn Parramore: Everything You’ve Been Told About Personal Finance Is Dead Wrong — Here’s the Truth
  by Lambert Strether 3:16 am

• Yes, Virginia, HFT and Liquidity are Not All They Are Cracked Up to Be
  by Yves Smith 2:00 am

• Gas and Stock Prices: Tied Together By Speculators?
  by Yves Smith 12:10 am

March 10, 2013

• Links 3/10/13
  by Lambert Strether 6:55 am

• Work Is The Force That Gives Us Meaning
  by Lambert Strether 6:50 am

• Meet David S. Cohen of Treasury and Stuart Levey of HSBC – Or Is It the Other Way Around?
  by Lambert Strether 1:55 am

March 9, 2013

• Links 3/9/13
  by Yves Smith 6:47 am

• The BLS Jobs Report Covering February 2013: A Solid Seasonal Rebound
  by Lambert Strether 2:55 am

• Wolf Richter: A “Politically Explosive” Secret – Italians Are Over Twice As Wealthy As Germans
  by Yves Smith 1:18 am

March 8, 2013

• Links 3/8/13
  by Yves Smith 6:19 am

• Treasury and Fed Officials Prevaricate Before Elizabeth Warren About Whether They Will Ever Get Tough With Banks
  by Yves Smith 6:17 am

• The Growing IT Mess at Big Banks
  by Yves Smith 5:25 am

• Even American Banker is Savaging the OCC’s Mortgage Settlement
  by Yves Smith 4:08 am

• Steve Keen: Krugman Doesn’t Understand IS-LM (Part I)
  by Yves Smith 1:00 am

March 7, 2013

• Links 3/7/13
  by Yves Smith 4:51 am

• Whistleblower: Wells Fargo Fabricated and Altered Mortgage Documents on a Mass Basis
  by Yves Smith 3:02 am

• Nathan Tankus: Germany, the “German View” of Hyperinflation and the Ghettoization of Dissent
  by Nathan Tankus 2:59 am

• J.D. Alt: Our Fiscal Anorexia
  by Yves Smith 12:05 am

March 6, 2013

• The Government Has It Bass-Ackwards: Failing To Prosecute Criminal Fraud by the Big Banks Is Killing – NOT Saving – the Economy
  by George Washington 7:06 pm

• Links 3/6/12
  by Yves Smith 6:48 am

• As Dow Sprints to New High, the Middle Class and Manufacturing Languish
  by Yves Smith 6:02 am

• Minimum Wage Households That Get Pay Increases Typically Increase Their Borrowing Even More
  by Yves Smith 4:18 am

• Philip Pilkington: Hyperinflation! The Libertarian Fantasy That Never Occurs
  by Yves Smith 2:20 am

• Transcript: Lawrence Lessig on “Aaron’s Laws – Law and Justice in a Digital Age”: Section II
  by Lambert Strether 1:55 am

March 5, 2013

• Links 3/5/13
  by Yves Smith 6:32 am

• Is the Eurozone Nearing a Make or Break Point?
  by Yves Smith 6:24 am

• New York City’s Spike in Homeless Families Illustrates Severity of Economic Stress
  by Yves Smith 4:22 am

• Transcript: Lawrence Lessig on “Aaron’s Laws – Law and Justice in a Digital Age”: Section I
  by Lambert Strether 2:55 am

• Beppe Grillo’s Parliamentarians Threaten Nuremberg Trials for Corrupt Italian Politicians
  by Yves Smith 2:29 am

March 4, 2013

• Links 3/4/13
  by Yves Smith 6:52 am

• Student Loan Bubble So Big It’s Trumping Credit Cards as a Spending Driver
  by Yves Smith 5:58 am

• Quelle Surprise! Technocrats in Italy Scheming to Steamroll Voter Rejection of Austerity
  by Yves Smith 5:15 am

• Congressmen Criticizing OCC Mortgage Settlement, While More Misrepresentations and Coverups Emerge
  by Yves Smith 4:35 am

• Mirabile Dictu! More Executive Pay Revolt as Swiss Impose Curbs
  by Yves Smith 1:17 am

March 3, 2013

• Links 3/3/13
  by Yves Smith 3:24 am

• Good Italy, Bad Italy: Girlfriend in a Coma
  by Yves Smith 2:47 am

• US Climate Policy: Take Five
  by Yves Smith 1:54 am

March 2, 2013

• Links 3/2/13
  by Yves Smith 2:59 am

• Environmentalists Need to Make Being Green Keynesian
  by Yves Smith 2:37 am

• Obama and GOP Shared Austerity Vision Will Deepen Recession
  by Yves Smith 12:55 am

March 1, 2013

• Links 3/1/12
  by Yves Smith 6:05 am

• Dave Dayen: Servicers Committed Loan Error Rates of Either 4.2% or 97.2%, Take Your Pick
  by Yves Smith 5:01 am

• Elite Italian Media Also Throwing Hissy Fits About Beppe Grillo and “Populism”
  by Yves Smith 4:43 am

• Peak Oil, The Shale Boom and our Energy Future: Interview with Dave Summers
  by Yves Smith 2:52 am

• Bill Black: Support Representative Conyers’ Bill to Kill Sequestration’s Stealth Austerity
  by Yves Smith 1:18 am