Monthly Archives: May 2013

May 31, 2013

• Links 5/31/13
  by Yves Smith 6:20 am

• So Who is the Dumb Money Ruining the Rental Housing Market?
  by Yves Smith 5:55 am

• Joe Firestone: Sorry Folks, Austerity’s Not Dead Yet!
  by Yves Smith 4:25 am

• More Market State In Action: Consumers Treated Differently Under the Law Than Businesses
  by Yves Smith 3:15 am

• Richard Alford: The “Dutch Disease” and Once and Future Economic Crises in the US
  by Yves Smith 1:37 am

May 30, 2013

• Links 5/30/13
  by Yves Smith 6:19 am

• Steve Keen: Is QE Quantitatively Irrelevant?
  by Yves Smith 5:00 am

• Bill Black: How Dare DOJ Insult HSBC’s Crooks as Less “Professional” than Liberty Reserve’s Crooks?
  by Yves Smith 4:30 am

• OCC Probe of JP Morgan Debt Collection Abuses Will Show if Agency Can Be Reformed
  by Yves Smith 3:55 am

• Barbara Parramore Speaks About Her Arrest in “Moral Monday Protests” Against Republican Railroading of Extreme Right-Wing Agenda in North Carolina
  by Yves Smith 2:20 am

May 29, 2013

• Links 5/29/13
  by Yves Smith 5:28 am

• Nathan Tankus: New York City Public Libraries Attack Alert – Privatizing Prized Locations and Cutting Budget by 35%
  by Nathan Tankus 5:04 am

• Will the Expected End of QE Lead to a Bond Meltdown?
  by Yves Smith 4:32 am

• Is Apple Risking Its Brand Overseas With Its Tax Gimmicks?
  by Yves Smith 2:16 am

• Gaius Publius: They Don’t Hate Us for Our Freedom, They Hate Us for Our Bombs
  by Yves Smith 12:55 am

May 28, 2013

• Links 5/28/13
  by Yves Smith 4:21 am

• Time to Put the Heat on the Fed and FDIC to Fix Lousy Governance at TBTF Banks
  by Yves Smith 4:18 am

• More on the Trumped-Up Charges Against Cyprus
  by Yves Smith 3:13 am

• Don Quijones: The Financial Takeover Of “Our” Newspapers
  by Yves Smith 1:00 am

• Lynn Parramore: ‘Greed Is Good’ – Top 7 Most Piggish Commencement Speeches
  by Yves Smith 12:04 am

May 27, 2013

• Links 5/27/13
  by Yves Smith 1:45 am

• IMF Rethinks Sovereign Defaults, Again
  by Yves Smith 12:58 am

• Your Humble Blogger Speaks on the Melissa Harris-Perry Show About Apple’s Senate Hearing, Corporate Tax Avoidance
  by Yves Smith 12:15 am

May 26, 2013

• Links 5/26/13
  by Yves Smith 6:20 am

• Parsing Obama’s Speech on Drones, the War on Terror, and Guantanamo
  by Yves Smith 12:20 am

• The Case for 4% Inflation
  by Yves Smith 12:08 am

May 25, 2013

• Links 5/25/13
  by Yves Smith 6:35 am

• Dan Kervick: Reserve Balance Misconceptions
  by Yves Smith 12:15 am

• Gretchen Morgenson on Bill Moyers: Why Too Big to Fail Still Lives
  by Yves Smith 12:02 am

May 24, 2013

• Links 5/24/13
  by Yves Smith 3:43 am

• The Fed Has Painted Itself in a Corner
  by Yves Smith 3:36 am

• Your Humble Blogger Appears on RT’s Truthseeker
  by Yves Smith 2:27 am

• Wolf Richter: Government By Eurocrats – The Olive-Oil Dispenser Debacle
  by Yves Smith 2:11 am

May 23, 2013

• Links 5/23/13
  by Yves Smith 6:17 am

• Yanis Varoufakis: Greek Success Story: The latest Orwellian Turn of the Greek Crisis
  by David Dayen 3:00 am

• Martin Khor: No Solution Yet As Climate Threshold Crossed
  by David Dayen 2:00 am

• Chile’s Recent Lead Negotiator on Trans-Pacific Partnership Warns It Could Be a “Threat to Our Countries”
  by Yves Smith 1:33 am

• David Dayen: FSOC Annual Report Shows Continued Interest in Austerity Bargain Over Reducing Financial System
  by David Dayen 1:00 am

May 22, 2013

• Links 5/22/03
  by Lambert Strether 6:55 am

• C.P. Chandrasekhar and Jayati Ghosh: The Great Jobs Disaster
  by David Dayen 2:15 am

• Is Jamie Dimon Really Out of the Woods With Shareholder Thumbs Down on Splitting CEO/Chairman Roles? (Updated)
  by Yves Smith 12:58 am

• Pettis: Excess German Savings, not Thrift, Caused the European Crisis
  by Lambert Strether 12:55 am

• David Dayen: The Uprising of the Second Tier in a Time of Late Capitalism
  by David Dayen 12:30 am

May 21, 2013

• Links 5/21/13
  by Lambert Strether 6:55 am

• Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market
  by Lambert Strether 6:53 am

• Iceland’s Post-Crisis Economy: A Myth or a Miracle?
  by Lambert Strether 6:32 am

• Yanis Varoufakis: Monetising the… ECB: The latest insult to be added to Greece’s multiplying injuries
  by Lambert Strether 6:25 am

• ObamaCare Rollout: How Not to Attract “The Young Invincibles”
  by Lambert Strether 6:15 am

May 20, 2013

• Links 5/20/13
  by Lambert Strether 6:55 am

• Some Approaches to the Market State: Part I
  by Lambert Strether 3:55 am

• Helicopter Money as a Policy Option
  by Lambert Strether 2:55 am

• 80% of Gitmo Prisoners on Hunger Strike for 100 Days
  by Lambert Strether 1:55 am

• A Reversion to a Dickensian Variety of Capitalism
  by Lambert Strether 12:55 am

May 19, 2013

• Links 5/19/13
  by Lambert Strether 6:55 am

• Systemic Malfunctioning of the Labor and Financial Markets
  by Lambert Strether 3:55 am

• Ian Fraser: The beauty and insanity of HFT
  by Lambert Strether 12:55 am

May 18, 2013

• Links 5/18/13
  by Lambert Strether 6:55 am

• Sheila Krumholz and Danielle Brian on How Money Rules Washington
  by Lambert Strether 2:55 am

• Timothy Geithner Is Key To IRS Scandal
  by Lambert Strether 1:55 am

• The Savings Heist
  by Lambert Strether 12:55 am

May 17, 2013

• Links 5/17/13
  by Lambert Strether 6:55 am

• David Dayen: SEC Convenes Foot-Dragging Roundtable on Rating Agency Reform, While Securities Issuers Return to Familiar Rating-Shopping Tricks
  by David Dayen 4:00 am

• Dan Kervick: Did the House of Representatives Just (Unintentionally) Eliminate the Debt Ceiling?
  by David Dayen 3:05 am

• Nathaniel Cline and Nathan Tankus: Fiscal Systems, Organizational Capacity, and Crisis: A Political Balance of Payments Approach
  by Nathan Tankus 2:05 am

• David Dayen: Hedgies Bet on Fannie/Freddie Status Quo
  by David Dayen 1:00 am

May 16, 2013

• Links 5/16/13
  by Lambert Strether 6:55 am

• Voices of the Harmed Borrowers on Rust Consulting
  by Lambert Strether 3:59 am

• Europe’s depression deepens
  by Lambert Strether 1:55 am

• Nathan Tankus: The Transit Coup – How Robber Barons got New York City to Bail Out Their Subway Lines.
  by Nathan Tankus 12:50 am

• Richard Alford: The Problem of Central Banks With Multiple Goals and Few Tools
  by Yves Smith 12:10 am

May 15, 2013

• Links 5/15/13
  by Yves Smith 3:51 am

• Are Germans Poorer than Other Europeans?
  by Yves Smith 3:14 am

• Catholic Church Voicing Opposition to Eurozone Austerity
  by Yves Smith 2:46 am

• Josh Rosner on How Dodd Frank Institutionalizes Too Big to Fail
  by Yves Smith 2:00 am

• Attacking Iran’s Nuclear Sites Would be Sheer Madness
  by Yves Smith 12:20 am

May 14, 2013

• Links 5/14/13
  by Lambert Strether 6:55 am

• Germany pushes France toward periphery
  by Lambert Strether 5:55 am

• ObamaCare Rollout: Feds Use “Nudge Theory” to Get “Consumers” to Sign up for Five Years (Not One)
  by Lambert Strether 5:36 am

• Private Equity Residential Landlords Rushing to Cash Out via IPOs
  by Yves Smith 2:00 am

• Russia’s Plan For The BRICS To Dismantle The Dollar System
  by Yves Smith 12:45 am

May 13, 2013

• Links 5/13/13
  by Yves Smith 3:58 am

• Philip Pilkington: The Ideology to End Ideologies – A Response to Corey Robin on Nietzsche, Hayek, Mises, and Marginalism
  by Yves Smith 2:45 am

• Coming Corporate Control of Medicine Will Throw Patients Under the Bus
  by Yves Smith 2:19 am

• Global Warming: Halfway to a Mass Extinction Event?
  by Yves Smith 2:01 am

• Mel Watt, Nominee to Head FHFA, Opposes Administration by Voting to Deregulate Derivatives
  by Yves Smith 1:47 am

May 12, 2013

• Links 5/12/13
  by Yves Smith 6:20 am

• Launching Naked Capitalism T-Shirts and Goodies!
  by Yves Smith 3:58 am

• ObamaCare Rollout: Feds to Use “Consumer Reporting Agencies” to Determine Eligibility Despite Penalty for Perjury
  by Lambert Strether 1:55 am

• The Limits of Governing Budgetary Policies by Rules
  by Yves Smith 12:05 am

May 11, 2013

• Announcement: Research Grants up to $250,000 in Economics and Related Fields
  by Yves Smith 11:00 am

• Links 5/11/13
  by Yves Smith 4:21 am

• Bill Black: Brown-Vitter Will Not and Cannot Work but it is Criminogenic
  by Yves Smith 4:00 am

• Jon Stewart Disses OCC and Independent Foreclosure Review
  by Yves Smith 12:46 am

May 10, 2013

• Links 5/10/13
  by Yves Smith 4:31 am

• Wall Street Hiring More Ex-Government Prostitutes Officials to Assure it Gets its Way
  by Yves Smith 4:06 am

• California Attorney General Sues JP Morgan Over Debt Collection Abuses, Including Sewer Service, Robosigning
  by Yves Smith 2:49 am

• Wolf Richter: When Flight Safety Gets Outsourced To China
  by Yves Smith 12:55 am

• Feel Good, Naked Capitalism
  by Yves Smith 12:34 am

May 9, 2013

• Links 5/9/13
  by Yves Smith 4:15 am

• More Foreclosure Settlement Fiascoes: Rust Consulting Underpays Some Harmed Borrowers
  by Yves Smith 3:55 am

• JP Morgan: A New Type of Dirty Energy
  by Yves Smith 2:22 am

• Quelle Surprise! Banks Whining About Cost of Breaking New California Homeowner Bill of Rights
  by Yves Smith 12:49 am

May 8, 2013

• Are Flagging Productivity Gains a Sign of a Played-Out Economy?
  by Yves Smith 5:17 pm

• Links 5/8/13
  by Yves Smith 4:17 am

• Japanese Movement Against TPP Growing
  by Lambert Strether 2:55 am

• Jack Lew’s Nose is Getting So Long He Needs a Hacksaw
  by Yves Smith 2:54 am

• Lynn Parramore: Your Retirement for a Bottle of Champagne – How Wall Street Fraudsters Ripped You Off, Again
  by Yves Smith 2:00 am

• Congressional Influence as a Determinant of Subprime Lending
  by Yves Smith 1:31 am

May 7, 2013

• Links 5/7/13
  by Lambert Strether 6:55 am

• Obama’s April 30 Presser on the ObamaCare “Train Wreck”
  by Lambert Strether 5:15 am

• Abigail Field: Is Schneiderman’s Plan to Sue Bank of America and Wells Over Mortgage Settlement Violations a Wet Noodle Lashing?
  by Yves Smith 2:37 am

• Finance and growth in China and India: Have Firms Benefited From the Capital-Market Expansion?
  by Lambert Strether 1:55 am

May 6, 2013

• Our Misleading Measure of Income and Wealth Inequality: The Standard Gini Coefficient
  by Lambert Strether 11:25 pm

• Links 5/6/13
  by Lambert Strether 6:55 am

• How Class Works – Richard Wolff Examines Class
  by Lambert Strether 5:08 am

• Pettis: Feedback Loops
  by Lambert Strether 2:15 am

• Obama’s Patronage System: Pritzker Nomination for Commerce Department, Limp-Wristed Dodd Frank
  by Yves Smith 1:16 am

• Philip Pilkington: Homosexuality Leading Cause of Economic Crisis, Harvard’s Niall Ferguson Reports
  by Yves Smith 12:15 am

May 5, 2013

• Links 5/5/13
  by Lambert Strether 6:55 am

• Forest Gardening, Edible Landscapes, and Urban Permaculture
  by Lambert Strether 4:15 am

• The Layman’s Case Against Austerity
  by Lambert Strether 12:55 am

May 4, 2013

• Links 5/4/13
  by Lambert Strether 6:55 am

• Yanis Varoufakis: Macroeconomic Experiments: Abenomics Versus Euro-Austerity
  by Yves Smith 12:37 am

• The BLS Jobs Report Covering April 2013: Lowest Labor Force Participation since 1978/9, weekly hours and wages down
  by Lambert Strether 12:19 am

May 3, 2013

• Lynn Parramore: How a Much-Heralded Bank Reform Proposal Could Actually Blow Up the American Economy
  by Yves Smith 1:00 pm

• Mirabile Dictu! JP Morgan Finally on Regulatory Hot Seat for Widespread Control Failures and Alleged Lying by Blythe Masters Under Oath
  by Yves Smith 9:48 am

• Links 5/3/13
  by Lambert Strether 6:55 am

• Why Are People with Health Insurance Going Bankrupt?
  by Lambert Strether 4:00 am

• Cathy O’Neil: The Rise of Big Data, Big Brother
  by Yves Smith 3:45 am

• Self-Defeating Austerity Shocks
  by Lambert Strether 2:30 am

May 2, 2013

• Links 5/2/13
  by Yves Smith 4:57 am

• Mirabile Dictu! Republicans and (Some) Democrats Agree, Diss Obama Pick Mel Watt for Head of FHFA
  by Yves Smith 3:36 am

• The Climate Crisis in Three Easy Charts
  by Yves Smith 3:09 am

• Nathan Tankus: Centralized Planning in the United States
  by Nathan Tankus 2:28 am

• Europe’s Depression Worsens
  by Yves Smith 1:02 am

May 1, 2013

• Links May Day 2013
  by Yves Smith 5:58 am

• You Are a Guinea Pig: Americans Exposed to Biohazards in Great Uncontrolled Experiment
  by Yves Smith 3:46 am

• Secret “Free Trade” Negotiations Will Gut Regulations, Further Enrich Multinationals and Big Financial Firms
  by Yves Smith 2:41 am

• Interview with David Graeber on Democracy in America
  by Yves Smith 12:56 am

• Financial Media Celebrates Apple’s Tax Evasion Bond Deal
  by Yves Smith 12:00 am