Monthly Archives: July 2014

July 31, 2014

• Links 7/31/14
  by Lambert Strether 6:55 am

• Hillary Clinton and Trade Deals: That “Giant Sucking Sound”
  by Lambert Strether 5:55 am

• RI Treasurer Justifies Hedge Fund Secrecy With Need to “Minimize Attention” Re Pay, Protect Them From Poaching
  by Yves Smith 3:38 am

• Wolf Richter: How Fracking Is Blowing Up Balance Sheets of Oil and Gas Companies
  by Lambert Strether 12:55 am

• Philip Pilkington: The Phillips Curve – Timelessly Misleading
  by Yves Smith 12:51 am

July 30, 2014

• Links 7/30/14
  by David Dayen 4:10 am

• Argentina Deadline Day: Punishment for Rejecting the Neoliberal Consensus Nearly Complete
  by David Dayen 3:30 am

• Wolf Richter: Sanction Spiral Successful – German Exports to Russia Plunge
  by David Dayen 2:45 am

• As the Wage-Profit Conflict Sets In, Troubles Deepen for Global Capital
  by David Dayen 2:00 am

• The Forgotten Financial Panic of 1914, and the Eternal Recurrence of Short-Term Thinking
  by David Dayen 1:00 am

• Reminder: Today is our San Francisco Meetup! Hope to See You There
  by Yves Smith 12:48 am

July 29, 2014

• Links 7/29/14
  by Lambert Strether 6:55 am

• ObamaCare Roundup: Counting, Court Cases, Corruption, Narrow Networks, and an Amazing Catch on the Filibuster
  by Lambert Strether 5:55 am

• New York Fed Worried About Gambling in Casablanca, Um, Ethics Problem at Big Banks
  by Yves Smith 2:41 am

• Why is Financial Stability Essential for Key Currencies in the International Monetary System?
  by Lambert Strether 1:55 am

• Gaius Publius: Obama Leasing Millions of Gulf Acres for Offshore Oil and Gas Drilling
  by Yves Smith 12:16 am

July 28, 2014

• Links 7/28/14
  by Lambert Strether 6:55 am

• How Many People Did the CIA Process at Its Stare Kiejkuty “Black Site,” and Where Are They Now?
  by Lambert Strether 5:55 am

• Money vs. Mission: How Generic MBAs vs. Physicians Think about Health Care
  by Lambert Strether 1:55 am

• More Signs of Doubt in Europe About the Costs of Siding With Ukraine
  by Yves Smith 1:13 am

• Wishful Thinking About Natural Gas: Why Fossil Fuels Can’t Solve the Problems Created by Fossil Fuels
  by Yves Smith 12:59 am

July 27, 2014

• Links 7/27/14
  by David Dayen 3:00 am

• Whose Oil Will Quench China’s Thirst?
  by David Dayen 2:00 am

• Financial Predators Move On From Foreclosure Rescue, Enter Student Debt, Military Lending Spaces
  by David Dayen 1:00 am

July 26, 2014

• Links 7/26/14
  by Yves Smith 6:55 am

• Cigna: Crapification or Insurance Fraud?
  by Yves Smith 4:23 am

• Will the WTO Fast-Track Trade at the Expense of Food Security?
  by Yves Smith 2:51 am

July 25, 2014

• Links 7/25/14
  by Yves Smith 6:55 am

• Banks Scapegoat Regulations for More Costly Loans Post Crisis
  by Yves Smith 5:25 am

• Administration Plans Orwellian Statistics Fudge to Make Offshored Production Look Like US Made
  by Yves Smith 4:23 am

• Peter Van Buren: Drone-Killing the Fifth Amendment
  by Yves Smith 3:37 am

• Philip Pilkington: Krugman Redux – Financial Markets in Keynesian Macroeconomic Theory 101
  by Yves Smith 2:18 am

• Wolf Richter: Is the IPO Bubble About to Burst? Banana Republic Trots Out ‘Startup Guy’ Look
  by Lambert Strether 12:55 am

July 24, 2014

• Links 7/24/14
  by Yves Smith 6:55 am

• Fed Hubris: Central Bank Ignores That It is on Thin Political Ice
  by Yves Smith 5:02 am

• US Courts Defend Rights of Vulture Funds Over Argentina
  by Yves Smith 4:51 am

• Unintentional Tax Humor on the Inversion Scam at Forbes
  by Yves Smith 4:20 am

• South Portland, Maine: The Mouse That Roared on Canadian Tar Sands
  by Yves Smith 12:55 am

July 23, 2014

• Links 7/23/14
  by Yves Smith 6:55 am

• Philip Pilkington: Paul Krugman Does Not Understand the Liquidity Trap
  by Yves Smith 6:10 am

• Why Standard Macro Models, DSGEs, Crash During Crises
  by Lambert Strether 3:46 am

• Should Markets Be Discounting Conflict?
  by Lambert Strether 3:32 am

• U.S. Officials: MH17 Missile May Have Been Launched By a “Defector from The Ukrainian Military Who Was Trained To Use Similar Missile Systems”
  by George Washington 2:26 am

• More Details on Our San Francisco Meetup, Wednesday July 30 (Updated)
  by Yves Smith 2:20 am

July 22, 2014

• Links 7/22/14
  by Yves Smith 6:55 am

• Ukraine Open Thread (and Links)
  by Yves Smith 5:01 am

• The Argentina Debt Case
  by Yves Smith 2:36 am

• The Transatlantic Trade and Investment Partnership: Review of Economic Blogs
  by Yves Smith 2:00 am

• CBO – Still Pushing Deficit Scaremongering Propaganda
  by Yves Smith 1:04 am

July 21, 2014

• Senate Report: Hedge Funds Used Basket Options to Save Billions in Taxes
  by Yves Smith 6:18 pm

• Links 7/21/14
  by Lambert Strether 6:55 am

• PE Manager Chris Flowers Claims Regulations Will Scare Bank Investors Away and Create a Crisis
  by Yves Smith 4:50 am

• Tom Engelhardt: Requiem for the American Century – Paragraph by Paragraph
  by Yves Smith 3:20 am

• More Challenges to “More ‘Free Trade’ is Always Better” Orthodoxy
  by Yves Smith 1:29 am

• Wolf Richter: UBS Warns Everything Is Overpriced, Prepares For Sell-Off
  by Lambert Strether 12:55 am

July 20, 2014

• Exclusive: High-Level NSA Whistleblower Says Blackmail Is a Huge – Unreported – Part of Mass Surveillance
  by George Washington 10:02 pm

• Links 7/20/14
  by Lambert Strether 6:58 am

• The Mystery of Flight MH17: Motives, Missiles, Flight Plans, and the Media
  by Lambert Strether 6:56 am

• Libertarian Belief in Absolute Property Rights Leads to Climate Change Denialism
  by Lambert Strether 12:55 am

July 19, 2014

• Links 7/19/14
  by Yves Smith 6:55 am

• Orange County Register Attacks Lack of Public Pension Fund Transparency, Cites Our Suit Against CalPERS
  by Yves Smith 4:41 am

• Michael Hudson and Leo Panitch on BRICS Development Bank Salvo v. the Dollar
  by Yves Smith 4:26 am

• Bill Black: AG Holder – “The U.S. Announces the Indictment of Citigroup’s Senior Officers for Fraud”
  by Yves Smith 4:05 am

• San Francisco July 30 Meetup Options
  by Yves Smith 2:30 am

July 18, 2014

• Links 7/18/14
  by Yves Smith 6:57 am

• A Nation on the Brink: How America’s Policies Sealed Iraq’s Fate
  by Yves Smith 6:21 am

• Six Years After the Global Financial Crisis, What Have We Learned?
  by Yves Smith 5:12 am

• TBTF Strike Back! SEC Commissioner Calls FSOC “Vast Left Wing Conspiracy”
  by Yves Smith 4:50 am

• Technology Displacing Jobs: The European Case
  by Yves Smith 1:50 am

July 17, 2014

• Links 7/17/14
  by Yves Smith 6:55 am

• Colorado Attorney General Files “Massive” Lawsuit Against Foreclosure Mills, Paving Way for Suits in Other States
  by Yves Smith 5:50 am

• Germany Bucking Toxic, Nation-State Eroding Transatlantic Trade and Investment Partnership
  by Yves Smith 4:29 am

• US Port Strike Threat Highlights Supply Chain Risk
  by Yves Smith 3:26 am

• Are US Bonds the Next Widow Maker Trade?
  by Yves Smith 1:34 am

July 16, 2014

• Links 7/16/14
  by Yves Smith 6:56 am

• Yellen Tells Whoppers to the New Yorker
  by Yves Smith 6:50 am

• FCC Deluged by Net Neutrality Comments Against Web-Killing “Fast Lane” Proposal
  by Yves Smith 6:31 am

• Latest Citi “Let Bank Off Easy” Mortgage Settlement Shows Administration Disconnect
  by Yves Smith 5:39 am

• Do Trans Fat Bans Save Lives?
  by Yves Smith 4:30 am

July 15, 2014

• Links 7/15/14
  by Yves Smith 7:01 am

• Japanese Prime Minister Abe Vows to Conclude TransPacific Partnership by Year End. Should We Worry?
  by Yves Smith 6:38 am

• Courts Finally Waking Up to Bogus Allonges and “Ta Dah” Foreclosure Documents
  by Yves Smith 5:46 am

• Bill Black: Two EU Finance Ministers Throw Their Bosses and Nations Under the Bus
  by Yves Smith 4:13 am

• Financial Interconnectedness and Systemic Risk: New Fed Report Flags 7 Behemoths
  by Yves Smith 1:56 am

July 14, 2014

• Links 7/14/14
  by Yves Smith 7:00 am

• Will Fossil Fuel Be the Subprime of This Cycle?
  by Yves Smith 5:00 am

• Financial Times on Private Equity Firm Grifting and Arrogance
  by Yves Smith 5:00 am

• Tom Engelhardt: An Exceptional Decline for the Exceptional County? The Empire as Basket Case
  by Yves Smith 4:00 am

• Philip Pilkington: The Great Unwinding – Some Thoughts on the Incoherence of Mainstream Economics
  by Yves Smith 1:38 am

• Satyajit Das: History….One Thing After Another!
  by Yves Smith 1:24 am

July 13, 2014

• Links 7/13/14
  by Yves Smith 6:55 am

• Summer Rerun: Why Is the Left Slice of the Democrats Getting Crushed?
  by Yves Smith 4:37 am

• New York Times Hit Piece on Tom Steyer and Fossil Fuel Divestment
  by Yves Smith 3:01 am

• Help Us Find a New WordPress Person
  by Yves Smith 2:36 am

July 12, 2014

• Links 7/12/14
  by Yves Smith 6:55 am

• Former CalPERS CEO Pleads Guilty to Bribery, Fraud, Including Taking Cash in Paper Bags
  by Yves Smith 4:59 am

• Don Quijones: Why Are TBTF Banks So Happy With The European Banking Union?
  by Yves Smith 1:31 am

• Our Op-Ed at CNN on BNP Paribas Settlement
  by Yves Smith 12:38 am

July 11, 2014

• Links 7/11/14
  by Yves Smith 6:59 am

• ISIS and Iraq: The T-Shirts, the Cats, the App, the Hasbara
  by Lambert Strether 6:50 am

• Portuguese Bank Jitters Intrude on QE-Induced Euphoria
  by Yves Smith 6:19 am

• Oligarchy Blues
  by Yves Smith 4:43 am

• Benjamin Lawsky Forcing Other Regulators to Man Up and Charge BIG Fines
  by Yves Smith 2:30 am

July 10, 2014

• Links 7/10/14
  by Yves Smith 7:00 am

• Ignacio Portes: Paul Singer v. Argentina – Where Did All That Debt Come From?
  by Yves Smith 6:16 am

• Bill Black: Merkel’s Pyrrhic Victory over Cameron
  by Yves Smith 5:10 am

• China Attacks Oz Banks for Laundering Flight Capital
  by Yves Smith 4:10 am

• Wolf Richter: IPO Hype-Miracle Gets Crushed by Reality
  by Yves Smith 3:25 am

July 9, 2014

• Hillary Clinton and Edward Snowden: The Imperial Handmaid’s Tale
  by Lambert Strether 6:59 am

• Links 7/9/14
  by Yves Smith 6:55 am

• How Mandatory Arbitration Cheats Consumers
  by Yves Smith 4:53 am

• Gaius Publius: IPCC’s “Carbon Budget” Gives One-in-Three Chance of Failure
  by Yves Smith 2:45 am

July 8, 2014

• Are Neocons in Iraq Thinking Like the Banks that Blew up the Global Economy?
  by Yves Smith 8:51 pm

• The Corporate Illogic of Outsourcing and Offshoring
  by Yves Smith 7:45 am

• Links 7/8/14
  by Yves Smith 6:55 am

• Maine Supreme Court Hands Major Defeat to MERS Mortgage Registry
  by Yves Smith 6:17 am

• Sacramento Bee Takes Up Our Fight Against Private Equity Firms’ Secrecy
  by Yves Smith 6:10 am

• Ilargi: Overshoot Loop and Evolution
  by Yves Smith 4:07 am

• San Francisco Meetup at the End of July?
  by Yves Smith 1:23 am

July 7, 2014

• Links 7/7/14
  by Lambert Strether 6:55 am

• MERS Loses Major Case in Pennsylvania
  by Yves Smith 3:33 am

• Glen Ford: ISIS Declares Caliphate as US Middle East Policy Continues to Unravel
  by Lambert Strether 2:55 am

• France Has Hissy Fit Over BNP Paribas Fine and Dollar Dominance
  by Yves Smith 2:16 am

• Obama’s Nominee for the VA, Robert McDonald, Former P&G CEO, Should be Held Accountable for Unethical Pharma Study
  by Lambert Strether 1:55 am

July 6, 2014

• Links 7/6/14
  by Lambert Strether 6:55 am

• How A Spam Newsletter Caused a Bank Run in Bulgaria
  by Lambert Strether 2:55 am

• NSA Targets As “Extremists” Americans Who Simply Wish to Protect Themselves from Oppression
  by George Washington 12:55 am

July 5, 2014

• Links 7/5/14
  by Yves Smith 6:55 am

• Fourth of July Musings: What Does it Mean to be an American?
  by Yves Smith 4:38 am

• Bill Black on Real News: BNP Paribas Fine Shows Financial Crime Still Pays
  by Yves Smith 4:13 am

• Philip Pilkington: Beware the Scholastics! Thoughts on the Economics Curriculum Reform Movement
  by Yves Smith 12:53 am

July 4, 2014

• Links 7/4/14
  by Yves Smith 6:55 am

• Reform and Be Re-Elected
  by Yves Smith 2:16 am

• Can Grass Root Efforts Combat Greed?
  by Yves Smith 12:15 am

July 3, 2014

• Links 7/3/14
  by Yves Smith 6:55 am

• SEC Investigating Group Purchasing Kickbacks by Private Equity Firms
  by Yves Smith 5:37 am

• Will the Eurozone Be Able to Align National Interests?
  by Yves Smith 3:07 am

• Peak Optimism, or Peak Propaganda?
  by Yves Smith 1:13 am

• Facebook Users Regularly Treated Like Guinea Pigs
  by Yves Smith 12:45 am

July 2, 2014

• Links 7/2/14
  by Yves Smith 6:55 am

• Randy Wray: “Debt-Free Money” – A Non Sequitur in Search of a Policy
  by Yves Smith 6:50 am

• Why Europe Needs Two Euros, Not One
  by Yves Smith 5:56 am

• Noam Chomsky: America’s Real Foreign Policy –  A Corporate Protection Racket
  by Yves Smith 3:52 am

• Wolf Richter: How Private Equity Firms Manipulate the Buy-to-Rent Housing Racket
  by Yves Smith 3:35 am

July 1, 2014

• Links 7/1/14
  by Yves Smith 7:03 am

• New York’s Schneiderman Accepts Red Cross’ “Trade Secrets” Excuse to Hide Sandy Spending
  by Yves Smith 7:00 am

• Michael Hudson: EU Association Agreement with Ukraine Is a Gift to Kleptocrats
  by Yves Smith 5:29 am

• Capital is Not Back: On Thomas Piketty’s ‘Capital in the 21st Century’
  by Yves Smith 4:52 am

• Gaius Publius: Arctic Seafloor Methane Release is Double Earlier Estimates
  by Yves Smith 2:30 am