Monthly Archives: October 2013

October 31, 2013

• Greed, Revolution, and Governance
  by Yves Smith 8:58 am

• Links Halloween 2013
  by Yves Smith 6:59 am

• The Careless Organizers of Gumball 3000 are Hooked Up with Boiler Room Scam “Servicers” Carbon Neutral Investments (CNI)
  by Richard Smith 6:58 am

• Wolf Richter: NSA’s “MUSCULAR” Secretly Breaks Into The Cloud Of US Tech Companies, Siphons Off Data, Fouls Up Revenues Overseas
  by Yves Smith 5:41 am

• Ilargi: Still Feel Confident About Collecting Your Pension After This?
  by Yves Smith 5:28 am

• Governments Need to Take the Reins Back From Central Banks and Deal with Economic Imbalances
  by Yves Smith 5:06 am

October 30, 2013

• Links 10/30/13
  by Yves Smith 6:58 am

• Ilargi: Energy Is A Power Game – 3 (They Cheat And They Lie)
  by Yves Smith 6:57 am

• Michael Olenick: How My Experience with Healthcare.gov Shows “Better” Software May Not Be the Solution
  by Yves Smith 4:01 am

• Markets Enter Blowoff
  by Yves Smith 2:30 am

• FBI Raids, Lord Heseltine’s Haymarket Media Group, Financial Regulator “Crackdowns”, “What Car” Magazine…and Carbon Neutral Investments Limited
  by Richard Smith 2:00 am

October 29, 2013

• Links 10/29/13
  by Yves Smith 3:40 am

• We Discuss the JP Morgan “Settlement” on Democracy Now
  by Yves Smith 2:30 am

• The Glam and The Scam: Sauber Formula 1 Team and its Partner, Carbon Neutral Investments, Limited
  by Richard Smith 2:00 am

• Attention: Deficit Disorder and the Real Crisis Ahead
  by Yves Smith 12:35 am

• Stranded Fossil Fuels? Institutional Investors Concerned About “Unburnable Carbon” Fallout
  by Yves Smith 12:15 am

October 28, 2013

• Links 10/28/13
  by Lambert Strether 6:55 am

• Paul Krugman’s Shocking, Revisionist, and Obscurantist Views on Single Payer
  by Lambert Strether 6:50 am

• Finance and Growth: Too Much of a Good Thing?
  by Lambert Strether 2:55 am

• How Novice Eco-Warrior Michael Bloomberg Ended up Looking as if he Endorses Carbon Credit Scams
  by Richard Smith 2:00 am

• Data Shows Democrats Bought and Paid for by Surveillance Industry
  by Yves Smith 12:29 am

October 27, 2013

• Links 10/27/13
  by Lambert Strether 6:55 am

• Could the Open Source Movement Have Prevented ObamaCare’s Federal Exchange Debacle?
  by Lambert Strether 6:45 am

• And the Prize Goes to … Genetically Modified Foods
  by Lambert Strether 1:55 am

October 26, 2013

• Links 10/26/13
  by Yves Smith 3:46 am

• Gretchen Morgenson on Bill Moyers: Ignore Those Crocodile Tears for JP Morgan
  by Yves Smith 2:11 am

• Yanis Varoufakis: The Dirty War for Europe’s Integrity and Soul
  by Yves Smith 1:52 am

October 25, 2013

• Link 10/25/13
  by Yves Smith 7:00 am

• The Coercive Power of Capitalism
  by Yves Smith 6:32 am

• How Banks Profit From Distress (British Edition)
  by Yves Smith 5:01 am

• OCC Replies to Elizabeth Warren Reveal Extent of Regulatory Capture on Derivatives
  by Yves Smith 4:37 am

• Bill Black: The New York Times Publishes the Most Ironic Sentence of the Crisis
  by Yves Smith 2:25 am

October 24, 2013

• Links 10/24/13
  by Yves Smith 6:28 am

• Fed Gives Middle Finger to Congress, Commodities Customers, and Public, Proposes to Allow More Banks to Participate in Commodities Business
  by Yves Smith 5:46 am

• The Man Who Won a Nobel Prize for Helping Create a Global Financial Crisis
  by Yves Smith 2:02 am

• Reps. Alan Grayson and John Conyers Call for End to Bank Welfare, Tough Rules on Bank Capital
  by Yves Smith 1:20 am

• Quelle Surprise! National Surveillance State Companies Were Huge Obama Donors in 2012 Election
  by Yves Smith 12:01 am

October 23, 2013

• Mirabile Dictu! Bank of America Found Guilty of Fraud for “Hustle” Mortgage Lending Program
  by Yves Smith 5:07 pm

• Links 10/23/13
  by Yves Smith 6:59 am

• Obama’s Remarks on the ACA Rollout Debacle: From Selling Hope and Change to Hawking Insurance
  by Lambert Strether 6:45 am

• Ken Rogoff Loses It, Calls Criticism of Errors in Debt Paper a “Witch Hunt”
  by Yves Smith 6:08 am

• Us Versus Them
  by Yves Smith 2:48 am

• The BLS Jobs Report Covering September 2013: End of Summer, No Improvement
  by Lambert Strether 1:25 am

October 22, 2013

• Links 10/22/13
  by Yves Smith 7:43 am

• The Ridiculous “Jamie Dimon as Victim” Meme on the Pending JP Morgan Mortgage Settlement
  by Yves Smith 7:11 am

• The Rise of an American Debtcropper System for the Young
  by Yves Smith 6:44 am

• French Officialdom Now Discussing Eurozone Exit
  by Yves Smith 5:36 am

• The Fed’s Exit Problem: Symptom of Paradigm Breakdown?
  by Yves Smith 2:56 am

October 21, 2013

• Links 10/21/13
  by Lambert Strether 6:55 am

• What If We Thought of ObamaCare as a New Model for Future Government Programs?
  by Lambert Strether 5:55 am

• Why the “Maximizing Shareholder Value” Theory of Corporate Governance is Bogus
  by Yves Smith 5:30 am

• The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas
  by Yves Smith 2:12 am

• Martin Wolf on the Contained Depression
  by Lambert Strether 12:55 am

October 20, 2013

• Links 10/20/13
  by Lambert Strether 6:55 am

• So How Big a Deal is the Pending “$13 Billion” JP Morgan Settlement?
  by Yves Smith 3:24 am

• Stephanie Kelton: How to Talk About Debt and Deficits: Don’t Think of an Elephant*
  by Lambert Strether 2:25 am

October 19, 2013

• Links 10/19/13
  by Yves Smith 4:01 am

• Ilargi: Winter In America Gets Colder – Why We Choose Poverty
  by Yves Smith 3:00 am

• Our New Piece at Aljazeera: “The shutdown is over, but the austerity fight continues”
  by Yves Smith 2:59 am

• Bill Moyers and Martin Wolf of the Financial Times Discuss Debt Ceiling Brinksmanship, Coming Budget Talks
  by Yves Smith 2:24 am

October 18, 2013

• Links 10/18/13
  by Yves Smith 8:00 am

• Who Should Young People Throw Under the Bus: Granny or Billionaire Hedgie Stan Druckenmiller?
  by Yves Smith 6:59 am

• Obama Blames Shutdown on Lobbyists, Bloggers, “Talking Heads” and “Professional Activists”
  by Yves Smith 5:52 am

• Obamacare Rollout: Will Insurers Be Hoist on the Enrollment Petard?
  by Yves Smith 5:31 am

• What Was ‘Essential’ and What Wasn’t: The Government Shutdown in Perspective
  by Yves Smith 4:13 am

October 17, 2013

• Links 10/17/13
  by Yves Smith 5:09 am

• Wolf Richter: NSA Revelations Kill IBM Hardware Sales In China
  by Yves Smith 4:35 am

• McDonalds, Taco Bell as Welfare Queens: Over Half Their Workers Use Public Assistance
  by Yves Smith 1:27 am

• Bill Black: The Tea Party’s Tactical Brilliance and Strategic Incompetence
  by Yves Smith 12:12 am

October 16, 2013

• Debt Deal Back on Track and Why the Wheels Came off Yesterday
  by Yves Smith 12:15 pm

• Links 10/16/13
  by Yves Smith 6:01 am

• IRS Wakes Up to Private Equity Scam
  by Yves Smith 3:28 am

• Ethics and Complex Systems
  by Yves Smith 3:11 am

• Shutdown Roundup: Weather, and Craft Beer, and Bonds, Oh My!
  by Lambert Strether 3:03 am

• Michael Klare: Fossil Fuel Euphoria, Hallelujah, Oil and Gas Forever!
  by Yves Smith 3:00 am

October 15, 2013

• Home Stretch for Our 2013 Fundraiser!
  by Yves Smith 11:43 pm

• Down to the Wire!
  by Yves Smith 9:06 pm

• Glenn Greenwald Starting His Own News Organization
  by Yves Smith 6:44 pm

• Final Hours of Fundraiser, Getting Closer to Our Targets
  by Yves Smith 6:28 pm

• A Debt Deal is Nigh! A Debt Deal is Nigh! Or is It?
  by Yves Smith 7:20 am

• Last Day, Last Chance for Our 2013 Fundraiser!
  by Yves Smith 7:10 am

• Links 10/15/13
  by Yves Smith 6:59 am

• Yanis Varoufakis: Economics Pseudo-Nobel 2013 – An Instinctive Reaction
  by Yves Smith 4:23 am

• Bill Black: Arnold Kling’s Cunning Hairdresser Theory of the Financial Crisis
  by Yves Smith 3:40 am

October 14, 2013

• Seeking Reader Input on Improved Alpha Version of Our Redesign
  by Yves Smith 9:40 am

• The Shutdown Talks Are in Chaos
  by Yves Smith 7:46 am

• Links 10/14/13
  by Lambert Strether 6:55 am

• David Dayen: Naked Capitalism, the Cure for the Common Ignorance
  by David Dayen 6:41 am

• Why CEO Pay Will Keep Rising to Even More Insanely Unjustified Levels While Ordinary Workers Get Squeezed
  by Yves Smith 4:17 am

• Easy Access to Cannabis is Tempting
  by Lambert Strether 2:25 am

October 13, 2013

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

• ObamaCare Rollout: What All the Log-In Problems Tell Us About More Serious (and Harder) Problems to Come
  by Lambert Strether 4:55 am

• Nathan Tankus: How Naked Capitalism Promotes Important Subversive Thinking
  by Lambert Strether 4:25 am

• Crooks, Liars, Idiots, and Plutocrats
  by Lambert Strether 1:55 am

October 12, 2013

• Links 10/12/13
  by Yves Smith 6:55 am

• The Best Part of This Week
  by Yves Smith 6:45 am

• Obamacare Narrow Networks: How They Affect Doctor Specialties
  by Lambert Strether 4:50 am

• Bill Moyers on Dollars versus Democracy, aka Supreme Court Case McCutcheon v. Federal Election Commission
  by Yves Smith 2:44 am

October 11, 2013

• Links 10/11/13
  by Yves Smith 6:59 am

• Talks Over Debt Showdown Finally Underway, but Acrimony, Republican Divisions Impede Dealmaking
  by Yves Smith 6:33 am

• Whistleblower Suit Confirms that the New York Fed is in the Goldman Protection Racket
  by Yves Smith 5:30 am

• Dan Kervick: Yellen Needs to Tell Politicians to Stop Passing the Buck to the Fed
  by Yves Smith 5:19 am

• Thanks! Met Our Third Target, On to the Fourth!
  by Yves Smith 5:11 am

October 10, 2013

• Links 10/10/13
  by Yves Smith 6:58 am

• Obama, Republican Leadership Groping to Break Shutdown Impasse, Revive Grand Bargain-Type Deal
  by Yves Smith 6:28 am

• Will China’s Gambit to Undermine the Trans-Pacific Partnership Succeed?
  by Yves Smith 5:08 am

• Calling on Yellen: Time for a Modest, Dull Fed
  by Yves Smith 3:32 am

October 9, 2013

• The Glamorous World of Big-Time Blogging
  by Lambert Strether 11:27 pm

• Links 10/9/13
  by Yves Smith 6:55 am

• As Budget Stalemate Hostilities Escalate, Obama Starts to Brandish Default Threat
  by Yves Smith 5:32 am

• Big Brother Wants You
  by Yves Smith 1:02 am

• Ilargi: Gordon Gecko Moved To London To Finish Where He Left Off
  by Yves Smith 12:01 am

October 8, 2013

• How You Can Tell That Naked Capitalism Threatens Influential People
  by Yves Smith 11:33 pm

• Thanks! Met Our Second Target Quickly, On to Our Third!
  by Yves Smith 8:39 am

• Craazyman: I’m Thinking at Least $5 Million
  by Yves Smith 6:55 am

• Links 10/8/13
  by Yves Smith 6:36 am

• Budget Brinksmanship: American Exceptionalism Gone Bad
  by Yves Smith 6:05 am

• How One Likely Budget Compromise Will Promote More Congressional Corruption
  by Yves Smith 5:42 am

• Yanis Varoufakis: Johnny (Paulson) Got His Gun and is Aiming at Bigger Subsidies for His Greek Bank Investments
  by Yves Smith 2:00 am

October 7, 2013

• Thanks! Met Our First Target, On to Our Second
  by Yves Smith 7:21 pm

• Give Until It Hurts, or They Will Take It Anyway
  by Yves Smith 6:55 am

• Links 10/7/13
  by Yves Smith 6:50 am

• Harvard Business School’s Garbage In, Garbage Out “Gender Equity” Experiment
  by Yves Smith 6:30 am

• Democrats and Republicans Pedal to the Metal in Debt Ceiling/Shutdown Game of Chicken
  by Yves Smith 6:02 am

• ObamaCare Launch: First Hints of Real Back-End Problems on the Federal Exchange Begin to Appear
  by Lambert Strether 3:55 am

October 6, 2013

• Former Representative Brad Miller: Naked Capitalism – My Hot Sheet on Finance
  by Yves Smith 11:40 am

• Links 10/6/13
  by Yves Smith 5:06 am

• How the Foreclosure Crisis Made the Rich Even Richer
  by Yves Smith 3:57 am

• How the Pentagon Is Using Your Tax Dollars to Turn Italy into a Launching Pad for the Wars of Today and Tomorrow
  by Yves Smith 2:20 am

October 5, 2013

• Launching the 2013 NC Fundraiser!
  by Yves Smith 11:45 am

• Links 10/5/13
  by Yves Smith 6:41 am

• Trade Deals Must Allow for Regulating Finance
  by Yves Smith 4:30 am

• Joe Firestone: Stop “the Great Betrayal” – Kabuki Update
  by Yves Smith 1:46 am

October 4, 2013

• Links 10/4/13
  by Yves Smith 4:41 am

• Debt Ceiling Chicken and Trench Warfare
  by Yves Smith 4:24 am

• David Dayen: Mortgage Settlement Monitor Lets Servicers Steal From Customers for Two Years Before Stepping In With Toothless Metrics
  by David Dayen 3:00 am

• Glenn Greenwald on the NSA, GCHQ, and Spying
  by Yves Smith 2:36 am

• How the Eurozone Might End
  by Yves Smith 1:25 am

October 3, 2013

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

• ObamaCare and the Devolution of the Relationship of Citizen to Government
  by Lambert Strether 6:15 am

• NC Fundraiser Coming Soon Plus Visit Alpha Version of Our Site Redesign
  by Yves Smith 1:50 am

• David Dayen: Justice’s Deceit on the JPMorgan Settlement, and Why Ed DeMarco Should Get Some Apologies
  by David Dayen 1:00 am

• Long-Term Barriers to Growth
  by Lambert Strether 12:55 am

October 2, 2013

• Links 10/2/13
  by David Dayen 4:30 am

• David Dayen: Mysterious Study Backs Financial Adviser Thieves Who Want To Keep Bilking Small Investors
  by David Dayen 3:30 am

• You Aren’t the Only One Who Objects to Unfair Pay
  by Yves Smith 2:51 am

• The Forgotten War: 12 Years in Afghanistan Down the Memory Hole
  by David Dayen 2:30 am

• Carbon Pricing: The Price Is Wrong
  by David Dayen 1:30 am

October 1, 2013

• Monetary Policy Implementation: Some Facts and a Monetary Myth.
  by Nathan Tankus 10:54 pm

• Why the US Mortgage Market Will Remain Heavily Dependent on Government Support (Updated)
  by Yves Smith 10:00 am

• Links 10/1/13
  by David Dayen 4:15 am

• Wolf Richter: Bubble Trouble: Record Junk Bond Issuance, A Barrage Of IPOs, “Out Of Whack” Valuations, And Grim Earnings Growth
  by David Dayen 3:30 am

• David Dayen: The U.S. Government Has Shut Down. Unfortunately, How the U.S. Governs Hasn’t.
  by David Dayen 2:45 am

• Bill Black: Why do Conservatives Oppose Prosecuting Elite Corporate Frauds?
  by David Dayen 2:00 am