Monthly Archives: January 2017

January 31, 2017

• 2:00PM Water Cooler 1/31/2017
  by Lambert Strether 2:00 pm

• CalPERS Tries to Hide Its Dirty Laundry, Threatens Most Effective Board Member: “Quit or Else”
  by Yves Smith 8:41 am

• Bill Black: CalPERS Seeks to Destroy Its Most Effective Director
  by Yves Smith 8:41 am

• Links 1/31/17
  by Lambert Strether 6:55 am

• Can Uber Ever Deliver? Part Seven: Uber’s “Narrative” and The Vox and Stratechery Critiques of Naked Capitalism’s Uber Series – Defending Uber Requires Ignoring Industry Economics
  by Yves Smith 6:50 am

• Demonetisation: India’s Stress Test
  by Yves Smith 4:28 am

January 30, 2017

• 2:00PM Water Cooler 1/30/2017
  by Lambert Strether 2:00 pm

• Fast Fashion: A Few Thoughts Sparked by Recent News
  by Jerri-Lynn Scofield 9:55 am

• Links 1/30/17
  by Jerri-Lynn Scofield 6:55 am

• Bill Black: Why the Republicans Cannot “Replace” Obamacare
  by Yves Smith 5:28 am

• Things Just Got Serious in Europe’s War on Cash
  by Jerri-Lynn Scofield 1:55 am

• Nomi Prins: Trump Hearts Goldman as the Bank Continues Its Washington Conquest
  by Yves Smith 12:43 am

January 29, 2017

• Waste Not, Want Not: Right to Repair Laws on Agenda in Some States
  by Jerri-Lynn Scofield 9:55 am

• Links 1/29/17
  by Jerri-Lynn Scofield 6:55 am

• Do Corporate Democrats Like Charles Schumer Belong in a Progressive Movement Against Trump?
  by Jerri-Lynn Scofield 4:25 am

January 28, 2017

• Links 1/28/17
  by Yves Smith 6:55 am

• How Obama Framed Trump with Faux Mortgage Insurance Rate Decrease
  by Yves Smith 5:10 am

• Trumping Capitalism?
  by Yves Smith 4:10 am

January 27, 2017

• 2:00PM Water Cooler 1/27/2017
  by Lambert Strether 2:00 pm

• Trade War Threat Grows
  by Yves Smith 9:55 am

• Links 1/27/17
  by Yves Smith 6:55 am

• James F on Hatred in Our Divided Nation: Anger at Flyover Country
  by Yves Smith 6:03 am

• Brexit: Why Rescue by Trump, Meaning Via a US-UK Trade Deal, Is a Fantasy
  by Yves Smith 3:15 am

• John Helmer: The Western Press Incorrectly Depicts Putin as on the Wrong Side of a Feminist Issue
  by Yves Smith 2:00 am

January 26, 2017

• 2:00PM Water Cooler 1/26/2017
  by Lambert Strether 2:00 pm

• Republicans to Use CRA to Roll Back ‘Midnight’ Rules and Benefit Oil Companies
  by Jerri-Lynn Scofield 8:55 am

• Links 1/26/17
  by Lambert Strether 6:55 am

• Bill Black: Not 4 Sale – Why the Corrupt, Worker-Hating New Democrats Must Be Purged
  by Yves Smith 2:52 am

• Why the Pursuit of Shareholder Value Kills Innovation
  by Yves Smith 2:19 am

• Is Trump Setting The Oil Markets Up For Another Bust?
  by Yves Smith 1:16 am

January 25, 2017

• 2:00PM Water Cooler 1/25/2017
  by Lambert Strether 2:00 pm

• Johnson: Elites Eying the Exits Signals America’s Crisis
  by Yves Smith 9:55 am

• Links 1/25/17
  by Yves Smith 6:55 am

• The Obama Administration Bails Out Private Equity Landlords at the Expense of the Middle Class: Government Guarantees for Rental Securitization
  by Yves Smith 6:54 am

• How the Media Continues To Aid Trump
  by Yves Smith 6:00 am

• America’s Coming Water Affordability Crisis
  by Yves Smith 1:48 am

January 24, 2017

• 2:00PM Water Cooler 1/24/2017
  by Lambert Strether 2:00 pm

• Law Profs Sue Trump, Alleging Violation of the Emoluments Clause
  by Jerri-Lynn Scofield 9:55 am

• Links 1/24/17
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: Judge Reveals Shady Side of Crushed Aetna-Humana Merger, Banks to Lick their Wounds, Aetna to Get Pummeled
  by Jerri-Lynn Scofield 6:25 am

• Consternation as Trump Starts Delivering on Campaign Promises While Making More Crazy Attacks on Critics
  by Yves Smith 4:02 am

• BluecollarAl on Our Divided Nation
  by Yves Smith 2:23 am

January 23, 2017

• 2:00PM Water Cooler 1/23/2017
  by Lambert Strether 2:05 pm

• The Definitive Demise of the Debunked Dodgy Dossier on The Donald?
  by Lambert Strether 1:15 pm

• Links 1/23/17
  by Lambert Strether 6:55 am

• Trading Off a ’Soft’ and ‘Hard’ Brexit
  by Lambert Strether 5:55 am

• re: F@ck Work?
  by Yves Smith 1:50 am

• Three Theories Behind the Global Productivity Slowdown
  by Yves Smith 1:43 am

January 22, 2017

• Il Faut Cultiver Notre Jardin
  by Lambert Strether 12:25 pm

• Links 1/22/17
  by Lambert Strether 6:55 am

• Reich: 7 Hard Truths for Democrats—The Future Is Bleak Without Radical Reforms
  by Lambert Strether 5:25 am

January 21, 2017

• Links 1/21/17
  by Yves Smith 6:55 am

• Taxcast: South Dakota as Tax Haven, Stopping Corporate Tax Dodgers
  by Yves Smith 2:31 am

• Wolf Richter: Mnuchin as Sears Director Oversaw Asset Stripping, Underfunding of Pension; Faces Conflict as Treasury Secretary
  by Yves Smith 2:20 am

January 20, 2017

• 2:00PM Water Cooler 1/20/2017
  by Lambert Strether 2:00 pm

• Credentialism and Corruption: Deaton on Opioids, Trump (and What Does “Rural” Mean?)
  by Lambert Strether 1:25 pm

• A Modest Proposal for Improving Communications Between the Executive and Legislative Branches in the Age of Donald Trump
  by Lambert Strether 11:55 am

• Links 1/20/17
  by Lambert Strether 6:55 am

• Compensating the “Losers” of Globalization
  by Lambert Strether 5:55 am

• Bill Black: A Letter to Warren Buffett and Charlie Munger about Hiring Proven Whistleblowers
  by Lambert Strether 4:55 am

January 19, 2017

• 2:00PM Water Cooler 1/19/2017
  by Lambert Strether 2:00 pm

• Ending Too Big to Fail
  by Yves Smith 9:55 am

• Links 1/19/17
  by Lambert Strether 6:55 am

• Bernie Sanders and Trump’s Pick for Health and Human Services Face Off on Right to Health Care
  by Yves Smith 4:23 am

• How CalPERS’ Fiduciary Counsels Sabotage Good Board Governance and Quash Dissent
  by Yves Smith 2:26 am

• How The Bond Buyer Hyped a Goldman Ripoff of DC Water as “Deal of the Year”
  by Yves Smith 1:28 am

January 18, 2017

• 2:00PM Water Cooler 1/18/2017
  by Lambert Strether 2:00 pm

• Baby Boomers Retirement Begins To Drain Cash in the US
  by Yves Smith 9:55 am

• Links 1/18/17
  by Yves Smith 6:58 am

• How Experts Enable Corruption: The Role of Conflicted Lawyers at CalPERS and Other Public Pension Funds
  by Yves Smith 6:45 am

• John Helmer: Parsing the Dossier on Trump’s Alleged Russian Bedroom Antics
  by Yves Smith 4:07 am

• Gaius Publius: How Police Use Military Technology to Secretly and Persistently Track You
  by Yves Smith 4:03 am

January 17, 2017

• 2:00PM Water Cooler 1/17/2017
  by Lambert Strether 2:00 pm

• Finance and Growth: The Direction of Causality
  by Yves Smith 9:55 am

• Links 1/17/17
  by Yves Smith 6:55 am

• Bill Black: Obama Loved Austerity and the New Democrats Remain Addicted to It
  by Yves Smith 5:00 am

• The California Drought Is on Its Way Out, but Deeper Droughts Lie Ahead
  by Yves Smith 4:20 am

• A Tale of Two Countries: Nigeria and the U.S.
  by Yves Smith 1:10 am

January 16, 2017

• Helicopter Money: Loved, Not Spent
  by Yves Smith 9:55 am

• Links 1/16/17
  by Jerri-Lynn Scofield 6:55 am

• Marcy Wheeler: On “Fake News”
  by Yves Smith 6:45 am

• More on the Economic Hardship of Young Adults
  by Yves Smith 6:07 am

• Bill Black: Trump Far More Interested in Business Deals than the Business of the Nation
  by Jerri-Lynn Scofield 3:55 am

January 15, 2017

• Tillerson Dodges Discussing Who Knew What When about ExxonMobil’s Efforts to Deceive the Public on Climate Change
  by Jerri-Lynn Scofield 7:55 am

• Links 1/15/17
  by Jerri-Lynn Scofield 6:55 am

• North Dakota Governor: DAPL Likely to Get Easement Once Trump Is President
  by Yves Smith 12:15 am

January 14, 2017

• Links 1/14/17
  by Lambert Strether 6:55 am

• Gaius Publius: Who’s Blackmailing the President & Why Aren’t Democrats Upset About It?
  by Yves Smith 1:34 am

• The Fed in an Age of Uncertainty
  by Yves Smith 1:18 am

January 13, 2017

• 2:00PM Water Cooler 1/13/2017
  by Lambert Strether 2:00 pm

• How To Balance Sovereignty and Integration in a Voluntary EU
  by Yves Smith 9:55 am

• Links 1/13/17
  by Yves Smith 6:55 am

• Debate Over Health Care Yet Again Omits Elephants In the Room: Excessive Costs Due to Terrible Incentives and Pricing, Administrative Costs, Pharma Looting
  by Yves Smith 6:33 am

• Does Immigration Boost Growth? A Look at Data From Around the World
  by Yves Smith 4:16 am

• The Destructive Power of Preemption: How Congress Can Use It to Bar State Action on Climate
  by Yves Smith 3:59 am

• Reminder: Join Us at Our NYC Meetup This Evening!
  by Yves Smith 12:27 am

January 12, 2017

• 2:00PM Water Cooler 1/12/2017
  by Lambert Strether 2:00 pm

• Philip Pilkington: To What Extent Is Economics an Ideology and to What Extent Is It a Useful Theory?
  by Yves Smith 9:55 am

• Links 1/12/17
  by Lambert Strether 6:55 am

• “Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh”
  by Yves Smith 4:11 am

• More Brexit Delusion: City Issues Wish List That the EU Already Rejected
  by Yves Smith 3:40 am

• How Tillerson Could Jeopardize Geopolitics In Iraq
  by Yves Smith 1:54 am

January 11, 2017

• 2:00PM Water Cooler 1/11/2017
  by Lambert Strether 2:00 pm

• Lessons From the Demise of the TPP
  by Yves Smith 9:55 am

• Links 1/11/17
  by Yves Smith 6:55 am

• Calling Readers! Fight for Corruption-Busting SC Treasurer Curt Loftis As GOP Tries to End His Pension Oversight Role
  by Yves Smith 5:02 am

• Wolf Richter: What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”
  by Yves Smith 3:28 am

• How ’60 Minutes’ Became a Pentagon Mouthpiece for Drone War
  by Yves Smith 2:12 am

January 10, 2017

• 2:00PM Water Cooler 1/10/2016
  by Lambert Strether 2:00 pm

• Tom Ferguson: Monetary Policy Can’t Levitate a Broken Economy
  by Yves Smith 9:55 am

• Links 1/10/17
  by Lambert Strether 6:55 am

• Gaius Publius: Best Buy National Repair Techs Routinely Search Customer Devices, Act as “Paid Informers” for FBI
  by Yves Smith 4:59 am

• House Passes Koch Brothers-Backed REINS Act that Weakens Gov’t Regulatory Agencies
  by Yves Smith 1:37 am

• Obamacare: Republican Leaders Trying to Quell Revolting Senators
  by Yves Smith 1:35 am

January 9, 2017

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

• TrumpCare, Pre-Existing Conditions, and “Continuous Coverage”
  by Lambert Strether 1:04 pm

• Links 1/9/17
  by Lambert Strether 6:55 am

• Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market
  by Yves Smith 5:55 am

• One of the Reasons Republicans Hate Food Stamps? It Helps Democrats Win Elections
  by Lambert Strether 4:55 am

• Andrew Bacevich: How the US Blew the Post-Cold-War Era
  by Yves Smith 2:19 am

January 8, 2017

• Once You Can Fake News, You’ve Got It Made (A Walk Down Memory Lane)
  by Lambert Strether 12:45 pm

• Links 1/8/17
  by Lambert Strether 6:55 am

• “Peak Trade” is Premature
  by Lambert Strether 5:25 am

January 7, 2017

• Links 1/7/17
  by Yves Smith 6:55 am

• Trump’s Win: America’s Failures of Representation and Prospects for Democracy
  by Yves Smith 2:18 am

• Gaius Publius: The Elephant in the Room Is a Donkey (Reflections on Kamala Harris)
  by Yves Smith 2:16 am

January 6, 2017

• 2:00PM Water Cooler 1/6/2016
  by Lambert Strether 2:00 pm

• Robots, Universal Basic Income, and the Welfare State
  by Yves Smith 9:55 am

• Links 1/6/17
  by Lambert Strether 6:55 am

• How Do Americans Get Rich? (And Stay Rich?)
  by Yves Smith 6:30 am

• Will Trump Take the Poisoned Chalice of Firing CFPB Director Richard Cordray?
  by Yves Smith 2:46 am

• The Oil Supply Glut Is Here To Stay In 2017
  by Yves Smith 1:30 am

• Join Us for a NYC Meetup Next Friday, January 13!
  by Yves Smith 12:05 am

January 5, 2017

• 2:00PM Water Cooler 1/5/2016
  by Lambert Strether 2:00 pm

• Trump Selects Jay Clayton, S & C Partner, to Head SEC
  by Jerri-Lynn Scofield 8:55 am

• Links 1/5/17
  by Yves Smith 6:55 am

• F@ck Work?
  by Yves Smith 3:35 am

• Don Quijones: Power & Profit Fuel War on Cash in Europe
  by Yves Smith 1:51 am

• Republicans Likely to Pass “Audit the Fed”
  by Yves Smith 1:39 am

January 4, 2017

• 2:00PM Water Cooler 1/4/2016
  by Lambert Strether 2:00 pm

• Ambrose Evans-Pritchard: Trump Effect Won’t Stop Credit Crunch
  by Yves Smith 9:55 am

• Links 1/4/17
  by Yves Smith 6:55 am

• Matthew Cunningham-Cook: How Finance Is Starving Yemen
  by Yves Smith 6:50 am

• Nomi Prins: My Political-Financial Road Map for 2017
  by Yves Smith 2:49 am

• Sexual Orientation and Earnings: How Being in a Partnership Matters
  by Yves Smith 2:26 am

January 3, 2017

• Corporate Censorship of Independent Sites Has Begun
  by Yves Smith 5:12 pm

• 2:00PM Water Cooler 1/3/2016
  by Lambert Strether 2:00 pm

• Does the “Countering Foreign Propaganda and Disinformation Act” Apply to American Independent or Alternative Media?
  by Lambert Strether 1:39 pm

• Links 1/3/17
  by Yves Smith 6:55 am

• How Taxpayers Subsidize AirBnB’s Cheap Prices
  by Yves Smith 2:52 am

• A Moral Challenge to Economists
  by Yves Smith 1:44 am

• Former Employee Sues Google, Claims It Maintained an Internal Spy Network That Encouraged Workers to Snitch on Each Other
  by Yves Smith 1:30 am

January 2, 2017

• Links 1/2/2017
  by Lambert Strether 6:55 am

• Can Uber Ever Deliver? Part Six: Latest Data Confirms Bleak P&L Performance While Stephen Levitt Makes Indefensible Consumer Welfare Claims
  by Yves Smith 12:53 am

• Doves, Hawks… and Pigeons: Why Central Bankers Favour Monetary Policy Inertia
  by Lambert Strether 12:30 am

January 1, 2017

• TrumpCare: ObamaCare, Medicaid, Medicare, and the Veterans Administration
  by Lambert Strether 12:58 pm

• Links 1/1/2017
  by Lambert Strether 6:55 am

• Follow the Money: Nominee for Secretary of Health and Human Services Traded Health Care Stocks and Owned Tobacco Stocks While in Congress
  by Lambert Strether 5:55 am