Monthly Archives: September 2016

September 30, 2016

• 2:00PM Water Cooler 9/30/2016
  by Lambert Strether 2:00 pm

• Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1
  by Yves Smith 9:55 am

• Links 9/30/16
  by Yves Smith 6:55 am

• John Helmer: Four MH17 Questions – The Answers to Which Prove the Dutch Police, Ukrainian Secret Service, and US Government Are Faking the Evidence of the MH17 Shootdown
  by Yves Smith 5:22 am

• Stumpf is Still Faking It – Claims 75% Couldn’t Resist Wells Fargo Credit Cards
  by Clive 3:49 am

• Wells Fargo CEO Stumpf Tries to Brazen Out Fraud as Congressmen Call Wells a “Criminal Enterprise,” Demand Breakup
  by Yves Smith 3:47 am

September 29, 2016

• 2:00PM Water Cooler 9/28/2016
  by Lambert Strether 2:00 pm

• Self-Driving Cars: Will the Dogs Eat the Dog Food?
  by Lambert Strether 12:25 pm

• Links 9/29/16
  by Lambert Strether 6:55 am

• CalPERS General Counsel Matt Jacobs Lies to Board, and Staff Abuses Authority, to Stymie Public Input
  by Yves Smith 6:00 am

• Fade OPEC
  by Yves Smith 4:51 am

• The “Internet of Things” Will Transform Policymaking (and Democracy)
  by Lambert Strether 4:25 am

September 28, 2016

• 2:00PM Water Cooler 9/28/2016
  by Lambert Strether 2:00 pm

• Battling Apple and the Giants
  by Yves Smith 9:55 am

• Links 9/28/16
  by Jerri-Lynn Scofield 6:55 am

• Wells Fargo CEO Stumpf, Head of Community Bank Hit With Multi-Million in Clawbacks: Labor Department Opens
  by Yves Smith 6:35 am

• Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed
  by Yves Smith 6:02 am

• Why a Banking Crisis in China Seems Unavoidable
  by Yves Smith 5:32 am

September 27, 2016

• 2:00PM Water Cooler 9/27/2016
  by Lambert Strether 2:00 pm

• The Nobel Prize in Economics: How It Took a Hard Neoliberal Turn
  by Yves Smith 9:55 am

• Links 9/27/16
  by Yves Smith 6:55 am

• Law Firm for Private Equity Fund Managers Points Out That California “Transparency” Bill AB 2833 is a Big Fail
  by Yves Smith 4:49 am

• Oil And Gas Bankruptcies Set To Double This Year
  by Yves Smith 12:10 am

September 26, 2016

• 2016 Presidential Debate #1, Trump v. Clinton (Hofstra): Live Blog
  by Lambert Strether 8:30 pm

• 2:00PM Water Cooler 9/26/2016
  by Lambert Strether 2:00 pm

• Rethinking Macroeconomic Theory Before the Next Crisis
  by Yves Smith 9:55 am

• Links 9/26/16
  by Yves Smith 6:55 am

• Deutsche Bank Unlikely to Get Much of a Break From the DoJ’s $14 Billion Mortgage Fine Target
  by Yves Smith 3:55 am

• The Impact of Minimum Wage Changes on Infant Health
  by Yves Smith 1:55 am

• “There Ought to be a Law….” Why Prison is the American Way
  by Yves Smith 12:17 am

September 25, 2016

• Links 9/25/16
  by Yves Smith 6:55 am

• Matthew Cunningham-Cook: A Disgusting, Child-Murdering Vote – On The $1.15 billion Saudi Arms Sale
  by Yves Smith 6:29 am

• Class Action Lawsuit Against Wells Fargo Seeking $2.6 Billion for Wrongful Terminations Unlikely to Go Very Far
  by Yves Smith 6:05 am

• Be Sure to Join Lambert’s Presidential Debate LiveBlog/Open Thread Tomorrow at 9 PM EDT
  by Yves Smith 12:30 am

September 24, 2016

• Links 9/24/16
  by Yves Smith 6:55 am

• Berlin Election Outcome Signals Merkel’s Tenuous Grip on Chancellorship
  by Yves Smith 6:00 am

• Popular Acceptance of Inequality Due to Brute Luck
  by Yves Smith 5:48 am

September 23, 2016

• 2:00PM Water Cooler 9/23/2016
  by Lambert Strether 2:00 pm

• The End of the Beginning at Wells Fargo
  by Lambert Strether 12:35 pm

• Links 9/23/16
  by Lambert Strether 6:55 am

• Report: New Data Disproves US Corporations’ False Narrative on Taxes
  by Yves Smith 5:49 am

• Income Inequality in a Globalising World
  by Yves Smith 4:46 am

• ‘A Five-Alarm Threat to Our Food Supply’: Experts Describe Bayer-Monsanto Merger
  by Lambert Strether 4:25 am

September 22, 2016

• 2:00PM Water Cooler 9/22/2016
  by Lambert Strether 2:00 pm

• Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?
  by Yves Smith 9:55 am

• Links 9/22/16
  by Yves Smith 6:55 am

• The Private Debt Crisis
  by Yves Smith 3:55 am

• The Rise and Rise of the Bubble Managers
  by Yves Smith 3:16 am

• Wells Fargo Fake Accounts Hidden by Fake Whistleblowing: Former Employees, Including HR Officials, Allege Systematic Retaliation
  by Yves Smith 2:20 am

September 21, 2016

• 2:00PM Water Cooler 9/21/2016
  by Lambert Strether 2:00 pm

• Crapifying Medicare with the New MACRA Program
  by Lambert Strether 12:10 pm

• Links 9/21/16
  by Yves Smith 6:55 am

• Negative Effects of Immigration on the Economy
  by Yves Smith 5:10 am

• Academic Penury: Adjunct Faculty as the New Precariat
  by Yves Smith 4:25 am

• Wells Fargo CEO’s Teflon Don Act Backfires at Senate Hearing; “I Take Full Responsibility” Means Anything But
  by Yves Smith 1:50 am

September 20, 2016

• 2:00PM Water Cooler 9/20/2016
  by Lambert Strether 2:00 pm

• Thomas Ferguson on How Money Drives Congressional Elections
  by Lambert Strether 10:56 am

• Links 9/20/16
  by Lambert Strether 6:55 am

• Wolf Richter: Why Hanjin’s Zombie Collapse Won’t Be the Last One
  by Lambert Strether 3:55 am

• Theresa May Outs Herself as Wall Street’s Poodle in Brexit Talks
  by Yves Smith 3:13 am

• Ilargi: China Relies On Property Bubbles To Prop Up GDP
  by Yves Smith 1:50 am

September 19, 2016

• 2:00PM Water Cooler 9/19/2016
  by Lambert Strether 2:00 pm

• Michael Hudson: Celebrating the One Percent – Is Inequality Really Good for the Economy?
  by Yves Smith 9:55 am

• Links 9/19/16
  by Lambert Strether 6:55 am

• Wells Fargo’s Management by Magical Thinking Comes Up Short in the Cover-Up Category
  by Yves Smith 6:50 am

• Political Foundations of the Lender of Last Resort
  by Lambert Strether 5:25 am

September 18, 2016

• New York Times Owes CalPERS a Retraction for Hatchet Job on Pension Fund Termination
  by Yves Smith 4:10 pm

• David Harvey and Capitalist Hypertension
  by Lambert Strether 1:15 pm

• Links 9/18/16
  by Lambert Strether 6:55 am

• Don’t Celebrate Just Yet: Median Household Income In a 20-Year Decline
  by Lambert Strether 4:55 am

September 17, 2016

• Links 9/17/16
  by Yves Smith 6:55 am

• Louis Proyect: Snowden
  by Yves Smith 4:23 am

• Trade Globalisation in the Last Two Centuries
  by Yves Smith 4:05 am

September 16, 2016

• 2:00PM Water Cooler 9/16/2016
  by Lambert Strether 2:00 pm

• The New Extreme Reality of Floods
  by Yves Smith 9:55 am

• Links 9/16/16
  by Yves Smith 6:55 am

• How the SEC Enabled the Gross Under-Reporing of CEO Pay
  by Yves Smith 6:55 am

• Deutsche Defies DoJ, Says It Won’t Pay Anything Near $14 Billion in Mortgage Settlement
  by Yves Smith 6:37 am

• Wolf Richter: That 5.2% Jump in Household Income? Nope, People Aren’t Suddenly Getting Big-Fat Paychecks
  by Yves Smith 5:36 am

September 15, 2016

• DoJ Asks Deutsche Bank to Pay $14 Billion in Mortgage Settlement
  by Yves Smith 7:22 pm

• 2:00PM Water Cooler 9/15/2016
  by Lambert Strether 2:00 pm

• Report: Why We Need to Tax Corporations Now, More Than Ever
  by Yves Smith 9:55 am

• Links 9/15/16
  by Yves Smith 6:55 am

• DoJ Opens Investigation Into Wells Fargo Fake Accounts; Why Top Execs Are Responsible
  by Yves Smith 6:50 am

• The City Will Decline—and We Will Be the Poorer for It
  by Yves Smith 4:13 am

• Satyajit Das: The Business of Politics
  by Yves Smith 3:00 am

September 14, 2016

• 2:00PM Water Cooler 9/14/2016
  by Lambert Strether 2:00 pm

• US Commercial Real Estate Markets Are Sinking….Again….
  by Yves Smith 9:55 am

• Links 9/14/16
  by Yves Smith 6:55 am

• Wells Fargo CEO John Stumpf Blames Nasty, Scheming Employees for Fake Accounts Scandal
  by Yves Smith 6:14 am

• John Helmer: Did Hillary Clinton Take Money From Russia Oligarch Oleg Deripaska for a Favor in the General Motors-Opel Deal?
  by Yves Smith 4:47 am

• Dakota Access Pipeline: The Wrong Side of a Long, Long History of Resource Extraction
  by Yves Smith 3:29 am

September 13, 2016

• 2:00PM Water Cooler 9/13/2016
  by Lambert Strether 2:00 pm

• Thomas Palley: The Fed’s Misguided Approach to Tightening
  by Yves Smith 6:55 am

• Links 9/13/16
  by Yves Smith 6:55 am

• Wells Fargo Exec Who Oversaw Fake Accounts Received $125 Million Upon Recent Retirement, Praise from CEO; Senate Hearings Next Week
  by Yves Smith 3:27 am

• Don Quijones: Barcelona Just Declared War on AirBnB (and Its Hosts)
  by Yves Smith 1:41 am

• The Charade That Deters the Use of “Direct Spending” to Fund Federal Operations
  by Yves Smith 12:56 am

September 12, 2016

• Thanks for Vacation Coverage
  by Yves Smith 9:17 pm

• Doing Time: Prison, Law Schools, and the Membership of the US Supreme Court
  by Jerri-Lynn Scofield 9:55 am

• Links 9/12/2016
  by Jerri-Lynn Scofield 6:55 am

• Warrant Issued for Amy Goodman’s Arrest for DAPL Reporting: Watch Your Back!
  by Jerri-Lynn Scofield 4:55 am

• Greg Palast’s New Film Exposes How Republican Oligarchs Are Crusading to Stop People of Color and the Poor from Voting
  by Jerri-Lynn Scofield 2:55 am

• Bill Moyers: We, the Plutocrats vs. We, the People: Saving the Soul of Democracy
  by Jerri-Lynn Scofield 1:55 am

September 11, 2016

• The High Hidden Costs of Fast Fashion
  by Jerri-Lynn Scofield 9:55 am

• Links 9/11/2016
  by Jerri-Lynn Scofield 6:55 am

• Obama Again Sounds Climate Change Alarm But Continues To Support Fossil Fuel Industry
  by Jerri-Lynn Scofield 12:55 am

September 10, 2016

• Dakota Pipeline Will Proceed As Feds Undertake Smoke and Mirrors Policy Reconsideration
  by Jerri-Lynn Scofield 9:55 am

• Links 9/10/2016
  by Lambert Strether 6:55 am

• Michael Hoexter: Living in the Web of Soft Climate Denial
  by Lambert Strether 12:55 am

• Hoisted From Comments: First Cut at Perps in Massive Wells Fargo Consumer Fraud
  by Yves Smith 12:31 am

September 9, 2016

• 2:00PM Water Cooler 9/9/2016
  by Lambert Strether 2:00 pm

• Links 9/9/2016
  by Lambert Strether 6:55 am

• The Bahamas’ Giant, Fist-Pumping Screw-You to the Civilized World
  by Outis Philalithopoulos 4:00 am

• Wells Fargo Fined $185 Million for Opening Phony Customer Accounts, Charging Fees Without Consent; Executives Go Scot Free
  by Yves Smith 2:47 am

• Gig Economy Disaster: ‘Uber For Laundry’ Hung Workers Out to Dry and Now It’s Out of Business
  by Lambert Strether 1:25 am

• Japan Isn’t Playing Neoliberalism’s Word Games
  by Clive 12:55 am

September 8, 2016

• 2:00PM Water Cooler 9/8/2016
  by Lambert Strether 2:00 pm

• Is Fiscal Policy for Prosperity Back in Place of Austerity?
  by Yves Smith 9:55 am

• Links 9/8/2016
  by Lambert Strether 6:55 am

• The (Bill) Clinton Team’s Secret Meeting on CEO Compensation
  by Outis Philalithopoulos 4:00 am

• Sleepers, Wake
  by Lambert Strether 3:45 am

• Happiness Inequality and the Importance of Trust
  by Lambert Strether 1:25 am

September 7, 2016

• 2:00PM Water Cooler 9/7/2016
  by Lambert Strether 2:00 pm

• Links 9/7/2016
  by Jerri-Lynn Scofield 6:55 am

• Law Enforcement Losing War on White Collar Crime
  by Jerri-Lynn Scofield 6:40 am

• Are We Really Going to Sell Out the US Alliance for Property Prices? Australia’s China Choices
  by Jerri-Lynn Scofield 4:25 am

September 6, 2016

• Links 9/6/2016
  by Jerri-Lynn Scofield 6:55 am

• Does Wall Street Do “God’s Work”? Or Even Anything Useful?
  by Jerri-Lynn Scofield 6:53 am

• Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
  by Richard Smith 2:55 am

September 5, 2016

• Japan Throws Spanner into Brexit Negotiations
  by Yves Smith 1:18 pm

• The Slave Power, Slave Credit, Slave Labor
  by Lambert Strether 12:55 pm

• Links 9/5/2016
  by Lambert Strether 6:55 am

• There’s a Lot to Celebrate This Labor Day: The Summer Has Been Filled with Victories for Workers
  by Lambert Strether 12:55 am

September 4, 2016

• Let’s All Drive Putin Crazy, and Vote With Hand-Marked Paper Ballots, Counted by Hand in Public!
  by Lambert Strether 1:35 pm

• Links 9/4/2016
  by Lambert Strether 6:55 am

• What Else Can Central Banks Do?
  by Lambert Strether 1:25 am

September 3, 2016

• 9th Circuit Shoots Down FTC’s Consumer Protection Authority Over Common Carriers
  by Jerri-Lynn Scofield 3:10 pm

• Links 9/3/2016
  by Jerri-Lynn Scofield 6:55 am

• BLM Moves Onshore Oil and Gas Lease Auctions Online To Stymie ‘Keep It In The Ground’ Protests
  by Jerri-Lynn Scofield 5:25 am

September 2, 2016

• 2:00PM Water Cooler 9/2/2016
  by Lambert Strether 2:00 pm

• What India Can Teach the US About Free and Fair Elections
  by Jerri-Lynn Scofield 11:38 am

• Links 9/2/2016
  by Jerri-Lynn Scofield 6:55 am

• Death of TTIP: True? And What Should Follow?
  by Jerri-Lynn Scofield 6:45 am

• Liberty Reserve, Bitcoin, and the US Bank Regulatory Dog That Didn’t Bark
  by Yves Smith 12:30 am

September 1, 2016

• 2:00PM Water Cooler 9/1/2016
  by Lambert Strether 2:05 pm

• Demand-Driven University Delivers Pay Dirt for Vice-Chancellors
  by Lambert Strether 11:25 am

• Military Insiders and War Profiteers Will Be Reviewing Private Prisons for Homeland Security
  by Jerri-Lynn Scofield 9:50 am

• Links 9/1/2016
  by Jerri-Lynn Scofield 6:55 am