Monthly Archives: May 2015

May 31, 2015

• Links 5/31/15
  by Lambert Strether 6:55 am

• Open Thread on Water
  by Lambert Strether 6:50 am

• Wolf Richter: When Betting on QE Suddenly Goes Wrong
  by Lambert Strether 1:55 am

May 30, 2015

• Links 5/30/15
  by Yves Smith 6:55 am

• Perry Mehrling: Volcker Alliance Describes How Regulatory Silos, and Also Intellectual Silos, Hold Back Financial Reform
  by Yves Smith 3:23 am

• Gaius Publius: Sinking the Sanders Campaign Beneath a Wave of Silence
  by Yves Smith 2:30 am

May 29, 2015

• 2:00PM Water Cooler 5/29/15
  by Lambert Strether 2:01 pm

• High School Dropout Rates Increase with Income Inequality
  by Yves Smith 9:55 am

• Links 5/29/15
  by Yves Smith 6:55 am

• Greece: An Endgame Finally in Sight?
  by Yves Smith 5:31 am

• Michael Klare: Delusional Thinking in Washington, The Desperate Plight of a Declining Superpower
  by Yves Smith 3:34 am

• Dick Fuld Continues to Exhibit Advanced Case of Wall Street CEO Derangement Syndrome
  by Yves Smith 2:08 am

May 28, 2015

• 2:00PM Water Cooler 5/28/15
  by Lambert Strether 2:00 pm

• Perry Mehrling: Derivatives Remain a Blind Spot in the TBTF Debate
  by Yves Smith 9:55 am

• Links 5/28/15
  by Yves Smith 6:55 am

• Michael Hudson: Ukraine’s “Operation Vulture” and Labor Protests
  by Yves Smith 6:30 am

• The Fed’s Dereliction of Duty and False Capital Flows Morality
  by Yves Smith 2:45 am

• Three Former SEC Commissioners Urge Mary Jo White to Stop Protecting Corporate Cronyism via Inaction on Disclosure of Political Spending
  by Yves Smith 1:50 am

May 27, 2015

• 2:00PM Water Cooler 5/27/15
  by Lambert Strether 2:00 pm

• 8 Ways Robots Are Taking Over Our Jobs and Our World
  by Yves Smith 9:55 am

• Links 5/27/15
  by Lambert Strether 6:55 am

• How the China’s New Silk Road is Shifting Geopolitics
  by Yves Smith 6:02 am

• America’s First Black President Throwing Slaves Under the Bus on TPP
  by Yves Smith 5:20 am

• SEC Vindicates Deutsche Bank Derivatives Whistleblowers Eric Ben-Artzi and Matthew Simpson
  by Yves Smith 2:19 am

• The Great Land Banking Scam Exposed
  by Yves Smith 12:22 am

May 26, 2015

• 2:00PM Water Cooler 5/26/15
  by Lambert Strether 1:59 pm

• Corruptionomics in Italy
  by Yves Smith 9:55 am

• Links 5/26/15
  by Yves Smith 6:55 am

• The Shafting, Um, Sharing Economy
  by Yves Smith 5:49 am

• A Parallel Currency for Greece: Part II
  by Yves Smith 5:44 am

• A Parallel Currency for Greece: Part I
  by Yves Smith 4:56 am

• Check Out Our “Improved” Mobile Version
  by Yves Smith 2:49 am

May 25, 2015

• 2:00PM Water Cooler 5/25/15
  by Lambert Strether 1:59 pm

• Links 5/25/15
  by Yves Smith 6:55 am

• Ilargi: Mario Draghi’s Slippery Downward Slope
  by Yves Smith 5:56 am

• Gaius Publius: Hillary, TPP, the World of Money, and the Center for American Progress
  by Yves Smith 5:01 am

May 24, 2015

• Links 5/24/15
  by Lambert Strether 6:55 am

• The Happiness Industry: How Government and Big Businesses Manipulate Your Moods For Profit
  by Yves Smith 2:50 am

• Gaius Publius: The Constant Cost of Carbon — Another California Oil Spill
  by Yves Smith 1:00 am

May 23, 2015

• Links 5/23/15
  by Yves Smith 6:55 am

• Good News on TPP, as Senate Passes Fast Track Bill with Human Trafficking Poison Pill
  by Yves Smith 3:07 am

• Wolf Richter: Atlanta Fed ‘Sticky CPI’ Soars, Hottest Inflation Since July 2008
  by Yves Smith 2:07 am

May 22, 2015

• Ron Wyden Calls NAFTA Insufficient Now; In 1993, He Called It a “Vote For Less Pollution”
  by David Dayen 2:21 pm

• 2:00PM Water Cooler 5/22/15
  by Lambert Strether 1:58 pm

• SEC Commissioner Kara Stein Issues Blistering Dissent on Waivers for Bank Recidivists
  by Yves Smith 9:55 am

• Links 5/22/15
  by Lambert Strether 6:55 am

• “The Art of the Gouge”: NYU as a Model for Predatory Higher Education
  by Yves Smith 6:30 am

• Matt Taibbi on Democracy Now: Banks Admit to Crimes, Pay $5 Billion, And Still No One Goes to Jail
  by Yves Smith 12:58 am

• The Not-Brexit Negotiations as UK Referendum Looms
  by Yves Smith 12:20 am

May 21, 2015

• 2:00PM Water Cooler 5/21/15
  by Lambert Strether 1:59 pm

• Barney Frank Denies Earlier Reports That He Called for Weakening Dodd Frank Private Equity Reforms
  by Yves Smith 9:55 am

• Links 5/21/15
  by Yves Smith 6:55 am

• Wall Street’s Nemesis, Benjamin Lawsky, to Resign in June
  by Yves Smith 6:40 am

• Are The IMF and the EU at Loggerheads Over Greece?
  by Yves Smith 6:20 am

• Thomas Palley: Fraternity of Failure – The Alternative, as in Hillary Clinton, Version
  by Yves Smith 12:40 am

May 20, 2015

• 2:00PM Water Cooler 5/20/15
  by Lambert Strether 1:59 pm

• More on the Myth of Outsourcing’s Efficiency
  by Yves Smith 9:55 am

• Links 5/20/15
  by Yves Smith 6:55 am

• IMF Paper Finds That Too Much Finance is Bad for Growth
  by Yves Smith 5:27 am

• Gaius Publius: If Fast Track Passes, Anything Attached to a “Trade” Treaty Will Pass
  by Yves Smith 2:42 am

• Goldman Sachs Predicting $45 Oil By October
  by Yves Smith 12:22 am

May 19, 2015

• 2:00PM Water Cooler 5/19/15
  by Lambert Strether 1:59 pm

• John Helmer: How Angela Merkel Has Been Abandoned By John Kerry, Victoria Nuland, And Vladimir Putin
  by Yves Smith 9:55 am

• Links 5/19/15
  by Yves Smith 6:55 am

• Michael Perelman: The Dysfunctionality of Slavery and Neoliberalism
  by Yves Smith 2:40 am

• Satyajit Das: The Power of Money
  by Yves Smith 2:04 am

May 18, 2015

• 2:00PM Water Cooler 5/18/15
  by Lambert Strether 1:59 pm

• European Commission Tables Proposal on Greece to Break Logjam [Updated: EC Issues Denial]
  by Yves Smith 1:30 pm

• A Typology of Corruption for Campaign 2016 and Beyond
  by Lambert Strether 11:55 am

• Links 5/18/15
  by Lambert Strether 6:55 am

• Greece Cornered as IMF and ECB Refuse to Relent
  by Yves Smith 6:22 am

• Bill Black: Krugman is Half Right
  by Yves Smith 6:00 am

• Greece’s Hot Summer
  by Lambert Strether 12:55 am

May 17, 2015

• Links 5/17/15
  by Lambert Strether 6:55 am

• Senate Democrats Work with Republicans to Throw Medicare Under the Bus as Part of TPP Fast Track Sausage-Making
  by Lambert Strether 5:55 am

• Wolf Richter: Afraid of Losing Trillions, Wall Street Fights Fed Rate Hikes
  by Lambert Strether 1:55 am

May 16, 2015

• Links 5/16/15
  by Yves Smith 6:55 am

• Exit Strategy, Part One: ZIRP
  by Yves Smith 4:55 am

• Will the TransPacific Partnership Agreement Go into the Deep Freeze?
  by Yves Smith 2:39 am

May 15, 2015

• 2:00PM Water Cooler 5/15/15
  by Lambert Strether 1:59 pm

• Bill Black: New Labour Leaders Want to Go Back to Blair’s Policies That Blew Up the UK
  by Yves Smith 9:55 am

• Link 5/15/15
  by Yves Smith 6:55 am

• SEC Official Effectively Thanks Gretchen Morgenson and Mark Maremont for Embarrassing Private Equity into Cleaning Up a Tad
  by Yves Smith 6:54 am

• “Why Syriza Will Blink”
  by Yves Smith 6:54 am

• William J. Astore: The American Military Uncontained, Chaos Spread, Casualties Inflicted, Missions Unaccomplished
  by Yves Smith 2:56 am

May 14, 2015

• 2:00PM Water Cooler 5/14/15
  by Lambert Strether 1:59 pm

• Elizabeth Warren’s Trade Deal Fears Confirmed: Canada Uses NAFTA to Challenge Volcker Rule
  by Yves Smith 9:55 am

• Links 5/14/15
  by Yves Smith 6:55 am

• Wolf Richter: Why the Heck Is the Trucking Business Slowing Down?
  by Yves Smith 6:25 am

• Is the Push for Greater European Integration a Mistake?
  by Yves Smith 5:29 am

• Give the Democratic Trade Turncoats Hell Over Fast Track Vote
  by Yves Smith 4:15 am

May 13, 2015

• 2:00PM Water Cooler 5/13/15
  by Lambert Strether 1:59 pm

• John Helmer: Polish President Komorowski’s Defeat is a Blow to the War with Russia Party,
  by Yves Smith 9:55 am

• Link 5/13/15
  by Yves Smith 6:55 am

• Federal Reserve Goes Silent About Our Freedom of Information Request on Greece
  by Yves Smith 4:14 am

• CIA Whistleblower Sentenced to 42 Months Based on Metadata
  by Yves Smith 12:12 am

May 12, 2015

• Fast Track Authority for Toxic Trade Deals Fails Key Vote in Senate
  by Yves Smith 4:40 pm

• 2:00PM Water Cooler 5/12/15
  by Lambert Strether 1:59 pm

• Wolf Richter: How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy
  by Yves Smith 9:55 am

• Links 5/12/15
  by Yves Smith 6:55 am

• Sovereignty For International Investors (Trans-Pacific Partnership (TPP))
  by Yves Smith 6:34 am

• How Much Longer Can The Oil Age Last?
  by Yves Smith 12:20 am

May 11, 2015

• Greece Authorizes €750 Million Payment to IMF Despite Failing to Get Concession Sought [Updated]
  by Yves Smith 8:15 pm

• 2:00PM Water Cooler 5/11/15
  by Lambert Strether 2:00 pm

• Mr. Market Says Dodd-Frank Isn’t Working
  by Yves Smith 9:55 am

• Links 5/11/15
  by Yves Smith 6:55 am

• Greece Finally Threatens Default as Deal with Creditors Remains Remote
  by Yves Smith 6:49 am

• Ilargi: Will Austerity Be the Straw that Breaks the EU AND the UK?
  by Yves Smith 6:29 am

• Bill Black: The Economist Must Retract Its Racist Headline Immediately
  by Yves Smith 12:04 am

May 10, 2015

• Links 5/10/15
  by Yves Smith 6:55 am

• New Example of the Pentagon, DEA and Private Companies Conspiring to Beat Encryption, Track Everything You Do
  by Yves Smith 3:12 am

• Gaius Publius: Sanders Raises $3 Million in Four Days; Will He Split the Party?
  by Yves Smith 12:25 am

May 9, 2015

• Links 5/9/15
  by Yves Smith 6:55 am

• Resilience is The New Black
  by Yves Smith 4:43 am

• Home (and Solvency) Bias at the Fed
  by Yves Smith 2:53 am

May 8, 2015

• 2:00PM Water Cooler 5/8/15
  by Lambert Strether 1:59 pm

• Latest Award of Frederic Mishkin Iceland Prize for Intellectual Integrity: Former CBO Director Holtz-Eakin’s Garbage-In, Garbage Out Attack on Dodd Frank
  by Yves Smith 9:55 am

• Links 5/8/15
  by Yves Smith 6:55 am

• Greece Says It Will Make IMF Payment Next Week As Stalemate Continues
  by Yves Smith 5:48 am

• Belvedere Management and its $16Bn: Now Looking More Like a Huge Collapsing Scam
  by Richard Smith 2:42 am

• Nomi Prins: The Clintons and Their Banker Friends
  by Yves Smith 2:25 am

• Former Greenspan Fan Paul Krugman Now Calls Greenspan “Worst Fed Chairman Ever”
  by Yves Smith 1:41 am

May 7, 2015

• 2:00PM Water Cooler 5/7/15
  by Lambert Strether 1:59 pm

• Links 5/7/15
  by David Dayen 3:45 am

• The Foreclosure Crisis Caused a Great Migration in Miniature
  by David Dayen 3:00 am

• UK Elections Today: Unpredictable, But Depressingly Little Room Between the Parties on Austerity
  by David Dayen 2:15 am

• Wolf Richter: “Smart Money” Prepares to Profit from Bond Market Rout
  by David Dayen 1:45 am

• Branko Milanovic: Income Inequality and Citizenship
  by David Dayen 1:00 am

May 6, 2015

• 2:00PM Water Cooler 5/6/15
  by Lambert Strether 1:59 pm

• Links 5/6/15
  by David Dayen 4:00 am

• First Quarter GDP Likely Negative as Trade Deficit Soars
  by David Dayen 2:30 am

• At INET Conference, Warren Adds Two Pieces to Her Financial Reform Framework
  by David Dayen 1:45 am

• Alicia García-Herrero: Additional Monetary Easing for China?
  by David Dayen 1:00 am

• Matías Vernengo: On Free Trade and Economics Consensus
  by David Dayen 12:15 am

May 5, 2015

• 2:00PM Water Cooler 5/5/15
  by Lambert Strether 1:59 pm

• TPP: The “Fascism” Issue
  by Yves Smith 9:55 am

• Links 5/5/15
  by Lambert Strether 6:55 am

• Notes for an Elite Playbook: The Self-Licking Ice Cream Cone
  by Lambert Strether 6:45 am

• The Persecution and Assassination of the People of Greece as Performed by the Inmates of the Troika, Under the Direction of the Eurogroup
  by Yves Smith 3:00 am

• Wolf Richter: China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose
  by Lambert Strether 1:55 am

May 4, 2015

• 2:00PM Water Cooler 5/4/15
  by Lambert Strether 1:59 pm

• After Shocking Fundraising Totals, Bernie Sanders Defends European-Style Socialism
  by Yves Smith 9:55 am

• Links 5/4/15
  by Yves Smith 6:55 am

• Syriza Emulates Nixon Going to China in a Bad Way
  by Yves Smith 6:50 am

• Private Equity Standard-Setter Confirms That Investors Have No Idea What Firms Charge Them
  by Yves Smith 2:00 am

• Ilargi: Sucking Spoilt Milk From A Bloated Dead Sow
  by Yves Smith 12:50 am

May 3, 2015

• Links 5/3/15
  by Lambert Strether 6:55 am

• The Investor Arbitration Clauses in TPP Are Indeed Very Bad
  by Lambert Strether 5:55 am

• An Assessment of the State of the World Economy
  by Lambert Strether 2:55 am

May 2, 2015

• Links 5/2/15
  by Yves Smith 6:55 am

• Fast Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy
  by Yves Smith 3:19 am

• Angela Merkel’s NSA Nightmare Just Got A Lot Worse
  by Yves Smith 12:26 am

May 1, 2015

• 2:00PM Water Cooler 5/1/15
  by Lambert Strether 1:59 pm

• Obama Bribes Abe to Support the TPP by Unleashing Japanese Military
  by Yves Smith 9:55 am

• Links 5/1/15
  by Yves Smith 6:55 am

• How Much Did Your Economy Suffer in the First Quarter?
  by Yves Smith 6:50 am

• Insurance in Extended Families
  by Yves Smith 3:43 am

• How Shale Is Becoming The Dot-Com Bubble Of The 21st Century
  by Yves Smith 1:47 am