Monthly Archives: June 2018

June 30, 2018

• Links 6/30/18
  by Yves Smith 6:55 am

• China’s Strategic Investments in Europe: The Case of Maritime Ports
  by Yves Smith 5:23 am

• The Evisceration of Storytelling
  by Yves Smith 5:13 am

June 29, 2018

• 2:00PM Water Cooler 6/29/2018
  by Lambert Strether 2:00 pm

• Firms’ Global Market Power and Its Implications, Such as Lower Income Share to Workers
  by Yves Smith 9:55 am

• Links 6/29/18
  by Lambert Strether 6:55 am

• Bank, Corporate Brexodus Begins as “No-Deal” Brexit Looms
  by Yves Smith 5:31 am

• Naked Capitalism Readers Issue Scam Alert For Amazon’s “Become Our Freight Shipper” Scheme
  by Yves Smith 4:00 am

• The Intercept’s David Dayen Intercepts the Wrong SCOTUS Message
  by Clive 1:25 am

• Reconfirming July Meetups: Next Fri, July 6, in Chicago; Sun July 8 in Green Bay; Sat July 14 SF; Wed July 18 Portland, Thurs July 19 Seattle
  by Yves Smith 1:19 am

June 28, 2018

• 2:00PM Water Cooler 6/28/2018
  by Lambert Strether 2:00 pm

• Wolf Richter: Beyond the Hysteria About Auto Tariffmageddon
  by Yves Smith 9:55 am

• Links 6/28/18
  by Yves Smith 6:55 am

• New York Times: Virtuous McKinsey Defiled by Dark Continent
  by Yves Smith 6:54 am

• Richard Murphy: The Debate on the Proper Role of the Bank of England, Continued
  by Yves Smith 5:19 am

• Tesla And GM Close To Capping Out On Electric Vehicle Tax Incentives
  by Yves Smith 12:22 am

June 27, 2018

• 2:00PM Water Cooler Special: Alexandria Ocasio-Cortez’ Victory and the Way Forward
  by Lambert Strether 2:20 pm

• 2:00PM Water Cooler 6/27/2018
  by Lambert Strether 2:00 pm

• Koch Money and the Unflappable Economist
  by Yves Smith 9:55 am

• Links 6/27/18
  by Yves Smith 6:55 am

• Ilargi: Migration Blowback
  by Yves Smith 5:45 am

• May’s New Brexit Trade Scheme Dead Before Arrival
  by Yves Smith 5:28 am

June 26, 2018

• Earthquake in the Bronx: Ocasio-Cortez Beat 10 Term Establishment Dem Crowley in Primary
  by Yves Smith 11:02 pm

• 2:00PM Water Cooler 6/26/2018
  by Lambert Strether 1:55 pm

• Worksheet for the 2018 Midterms (“Wave” Districts, Immigration, and the Supply Chain)
  by Lambert Strether 1:30 pm

• Links 6/26/18
  by Yves Smith 6:55 am

• Brexit: Chaos Visible
  by Yves Smith 6:08 am

• Unlocked And Loaded: Families Confront Dementia And Guns
  by Yves Smith 2:55 am

• How Cynical Is the Democratic Party’s Support for Identity Politics? (Plus a Note on the Ocasio-Crowley Contest)
  by Yves Smith 12:05 am

June 25, 2018

• 2:00PM Water Cooler 6/25/2018
  by Lambert Strether 2:00 pm

• Did Small-Time City Operator Nigel Farage Trade His Way Into a Fortune in the Brexit Vote?
  by Lambert Strether 1:10 pm

• Links 6/25/18
  by Lambert Strether 6:55 am

• Some Public Pension Funds Give KKR a Wet Noodle Lashing Over Toys ‘R’ Us Collapse
  by Yves Smith 5:40 am

• Global Financial Governance Ten Years After the Crisis
  by Lambert Strether 3:55 am

• Italy Threatens to Throw Spanner in European Alternative to Russian Gas
  by Yves Smith 12:10 am

June 24, 2018

• Links 6/24/18
  by Lambert Strether 6:55 am

• An Increasing Number of Struggling Americans Are Turning to Check Cashers and Payday Loans
  by Lambert Strether 1:55 am

June 23, 2018

• Help Us Find a New WordPress Person!
  by Yves Smith 4:00 pm

• Will Investors Like CalPERS Fall for Private Equity’s Long-Lived Fund Con?
  by Yves Smith 2:09 pm

• Links 6/23/18
  by Yves Smith 6:55 am

• Why Italy’s Crisis Is the Left’s Crisis
  by Yves Smith 5:37 am

• Wilkerson: Don’t Trust Trump, Bolton to Deliver US-North Korea Peace
  by Yves Smith 3:31 am

June 22, 2018

• 2:00PM Water Cooler 6/22/2018
  by Lambert Strether 2:00 pm

• Why Did Trump Win? Robots Are to Blame
  by Yves Smith 9:55 am

• Links 6/22/18
  by Yves Smith 6:55 am

• Richard Murphy: New Funding Structure for the Bank of England Suggests That the Treasury Thinks the Proverbial Is Going To Hit the Fan
  by Yves Smith 6:51 am

• What We Can Really Learn From Gandhi? “When I Am Arrested”
  by Yves Smith 6:18 am

• The Growth of America’s Militarized Law Enforcement System, a Product of a War Economy
  by Yves Smith 1:51 am

• Gaius Publius: Notes on Seymour Hersh’s Book “Reporter”
  by Yves Smith 1:14 am

June 21, 2018

• 2:00PM Water Cooler 6/21/2018
  by Lambert Strether 2:00 pm

• Alongside Rising Top Incomes, the Level of Living of America’s Poorest Has Fallen
  by Yves Smith 9:55 am

• Links 6/21/18
  by Yves Smith 6:55 am

• Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
  by Yves Smith 6:09 am

• Don Quijones: How the ECB Helped Spain “Recover” Faster than Italy from the Crisis
  by Yves Smith 4:06 am

• Bill Black: Kill the Hastert Rule – A Pedophile’s Indefensible Rule Harms America
  by Yves Smith 3:07 am

• The World Cup: The Dismal Science and the Beautiful Game
  by Yves Smith 2:50 am

June 20, 2018

• 2:00PM Water Cooler 6/20/2018
  by Lambert Strether 2:00 pm

• Bill Black: Bitcoin Frauds Keep Growing
  by Yves Smith 9:55 am

• Links 6/20/18
  by Lambert Strether 6:55 am

• EU to Members: Prepare for No Deal Brexit
  by Yves Smith 4:30 am

• Some Notes on Trump’s Trade War Threat
  by Yves Smith 2:47 am

June 19, 2018

• 2:00PM Water Cooler 6/19/2018
  by Lambert Strether 2:00 pm

• US, Japan Reject G-7 Ocean Plastics Charter
  by Jerri-Lynn Scofield 8:55 am

• Links 6/19/18
  by Yves Smith 6:55 am

• Yanis Varoufakis: Why Germany Neither Can Nor Should Pay More To Save the Eurozone
  by Yves Smith 4:24 am

• Why North Korea Can Never Trust the U.S.
  by Yves Smith 4:00 am

• Gaius Publius: Union-Busting by Planned Parenthood in Colorado
  by Yves Smith 3:44 am

• Net Neutrality Supporters Face Off Against The FCC
  by Yves Smith 12:33 am

June 18, 2018

• 2:00PM Water Cooler 6/18/2018
  by Lambert Strether 2:00 pm

• More Sound and Fury: Trump Foreign Corrupt Practices Act Enforcement Record Extends Prior Trend
  by Jerri-Lynn Scofield 9:55 am

• Links 6/18/18
  by Jerri-Lynn Scofield 6:55 am

• Why It Matters If Fracking Companies Are Overestimating Their ‘Proved’ Oil and Gas Reserves
  by Jerri-Lynn Scofield 5:55 am

• Missing in Action: The Poor in America
  by Yves Smith 2:17 am

• Italy Holds A Mirror to a Broken Europe
  by Yves Smith 12:32 am

June 17, 2018

• Leaked Memo by Larry Sonsini Shows Sonsini and CalPERS Violating Fiduciary Duty With Proposed Private Equity Outsourcing Scheme
  by Yves Smith 6:58 am

• Links 6/17/18
  by Jerri-Lynn Scofield 6:55 am

• Don Quijones: Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages
  by Jerri-Lynn Scofield 3:25 am

June 16, 2018

• Links 6/16/18
  by Yves Smith 6:55 am

• How Purdue Pharma Hooked America on a Deadly Drug
  by Yves Smith 3:47 am

• Gaius Publius: Is Anti-War Fever Building in the U.S.?
  by Yves Smith 12:15 am

June 15, 2018

• 2:00PM Water Cooler 6/15/2018
  by Lambert Strether 2:00 pm

• Cryptocurrencies Are Lousy Investments
  by Yves Smith 9:55 am

• Links 6/15/18
  by Yves Smith 6:55 am

• Merkel’s Government Wobbles Over Immigrant Row as Italy Threatens Canada Trade Deal
  by Yves Smith 6:33 am

• Why Are There So Many Unsheltered Homeless People in California?
  by Yves Smith 3:41 am

• Some Bankruptcy Judges Finding Ways to Give Desperate Student Borrowers Relief
  by Yves Smith 3:15 am

June 14, 2018

• 2:00PM Water Cooler 6/14/2018
  by Lambert Strether 2:00 pm

• Wolf Richter: Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning
  by Yves Smith 9:55 am

• Links 6/14/18
  by Yves Smith 6:55 am

• Paul Jay on Trump’s Iran War Agenda and Liberals’ Korea Peace Panic
  by Yves Smith 3:35 am

• Backstabbing Over Cows
  by Yves Smith 3:02 am

• Poor Peoples Campaign Protests All Over US Ignored by Media
  by Yves Smith 2:05 am

June 13, 2018

• 2:00PM Water Cooler 6/13/2018
  by Lambert Strether 2:00 pm

• The Roots of Argentina’s Surprise Crisis
  by Yves Smith 9:55 am

• Links 6/13/18
  by Yves Smith 6:55 am

• Some Notes on North Korea
  by Yves Smith 4:15 am

• Bill Black: Democrats Should Reject Bernanke’s ‘Wily E. Coyote’ Criticism of Trump’s Deficits
  by Yves Smith 4:10 am

• The Italian Mini-BOT Debate
  by Yves Smith 4:00 am

• Can Locally-Owned Stores Save RadioShack?
  by Yves Smith 1:07 am

June 12, 2018

• 2:00PM Water Cooler 6/12/2018
  by Lambert Strether 2:00 pm

• Who Says Labor Laws Are “Luxuries”?
  by Yves Smith 9:55 am

• Links 6/12/18
  by Lambert Strether 6:55 am

• Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?
  by Yves Smith 5:21 am

• Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering”
  by Yves Smith 3:15 am

June 11, 2018

• CalPERS Makes Nasty, Inaccurate, and Self-Damaging Attack on Dean of Sacramento Columnists for Criticizing Private Equity Outsourcing Scheme
  by Yves Smith 9:12 pm

• Chicago Readers: You Are Falling Down on Finding a Meetup Location
  by Yves Smith 4:22 pm

• 2:00PM Water Cooler 6/11/2018
  by Lambert Strether 2:00 pm

• Worksheet for the 2018 Midterms (How Big Does “The Wave” Have to Be?)
  by Lambert Strether 1:55 pm

• Links 6/11/18
  by Lambert Strether 6:55 am

• The War Nerd: Anglo-American Media’s Complicity in Yemen’s Genocide
  by Yves Smith 3:41 am

• Last Exit to the Road Less Traveled
  by Lambert Strether 1:55 am

• Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
  by Yves Smith 1:40 am

June 10, 2018

• Amy Chozick’s Chasing Hillary: A Scoop, a Missed Story, and Life in the 10%
  by Lambert Strether 2:25 pm

• Links 6/10/18
  by Lambert Strether 6:55 am

• Don’t Call It a Tax: Inside Washington’s Attempt to Pass a “Fee On Pollution”
  by Lambert Strether 2:55 am

June 9, 2018

• Links 6/9/18
  by Yves Smith 6:55 am

• Primaries Expose Bitter Fight in Democratic Party
  by Yves Smith 4:11 am

• Three Lessons the Labour Movement Must Learn From the Fight for 15 at Walmart
  by Yves Smith 3:39 am

June 8, 2018

• 2:00PM Water Cooler 6/8/2018
  by Lambert Strether 2:00 pm

• How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide
  by Yves Smith 9:55 am

• Links 6/8/18
  by Yves Smith 6:55 am

• The Battle for Money Has Begun
  by Yves Smith 5:19 am

• OCC Covering Up for Wells Fargo Type Abuses at Other Banks
  by Yves Smith 4:47 am

• New CDC Study Shows Large Increase in Suicides Since 1999
  by Yves Smith 3:25 am

June 7, 2018

• 2:00PM Water Cooler 6/7/2018
  by Lambert Strether 2:00 pm

• Worrying About the Deficit Is So 17th Century
  by Yves Smith 9:55 am

• Links 6/7/18
  by Lambert Strether 6:55 am

• A 1,000-Year Flood in Maryland Shows the Big Problem With So Much Asphalt
  by Yves Smith 5:25 am

• McKinsey’s and CalPERS’ Ignorance and Sleight of Hand on Private Equity
  by Yves Smith 2:45 am

• A Hard Look at the Mini-BOT, the Parallel Currency Idea of Italy’s New Ruling Coalition
  by Yves Smith 2:43 am

June 6, 2018

• 2:00PM Water Cooler 6/6/2018
  by Lambert Strether 2:00 pm

• The Political Significance of LSD
  by Yves Smith 9:55 am

• Links 6/6/18
  by Yves Smith 6:55 am

• More Brexit Insanity: Corbyn Proposes Dead-on-Arrival, Misbranded “Soft” Brexit; Auto Part Makers to Take Huge Hit; Irish Border Groundhog Daze
  by Yves Smith 5:00 am

• Italy’s New Prime Minister Conte Says Euro Exit Off the Table, But Mr. Market Pouts About Spending Talk
  by Yves Smith 3:14 am

• Tuscon Meetup 2.0 Report
  by Yves Smith 1:43 am

• More US and China Jousting Over South China Sea
  by Yves Smith 1:38 am

June 5, 2018

• 2:00PM Water Cooler 6/5/2018
  by Lambert Strether 2:00 pm

• Jim Chanos on Fraud: “Cryptocurrency Is a Security Speculation Game Masquerading as a Technological Breakthrough”
  by Yves Smith 9:55 am

• Links 6/5/18
  by Yves Smith 6:55 am

• Wall Street Journal: Why Bashing Chinese Steel Dumping Results in Bashing Allies
  by Yves Smith 4:12 am

• Richard Murphy: Why the Swiss Referendum Proposal of Giving the Central Bank Complete Credit Control is Dangerous Folly
  by Yves Smith 12:47 am

June 4, 2018

• Trump After 500 Days: More Lifetime Federal Judges
  by Jerri-Lynn Scofield 2:55 pm

• 2:00PM Water Cooler 6/4/2018
  by Lambert Strether 2:00 pm

• Links 6/4/18
  by Jerri-Lynn Scofield 6:55 am

• The Air Force’s Strange Love for the New B-21 Bomber
  by Jerri-Lynn Scofield 5:55 am

• China Rx: How the US Depends on China for Its Drugs
  by Yves Smith 2:30 am

• Trade Wars: How Exposed Are EU States and Industries to the US?
  by Yves Smith 1:25 am

June 3, 2018

• Private Equity Kills Toys R Us, Workers Get No Severance
  by Jerri-Lynn Scofield 7:25 am

• Links 6/3/18
  by Jerri-Lynn Scofield 6:55 am

• Don Quijones: Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King
  by Jerri-Lynn Scofield 4:55 am

June 2, 2018

• Links 6/2/18
  by Yves Smith 6:55 am

• More Evidence of Increasing Deflationary Pressure on Wages
  by Yves Smith 12:45 am

• Golden State Killer Suspect Arrest Opens Floodgates for Law Enforcement Use of DNA Websites
  by Yves Smith 12:25 am

June 1, 2018

• 2:00PM Water Cooler 6/1/2018
  by Lambert Strether 2:00 pm

• Trump Regulators and California on Collision Course on Rolling Back Fuel Efficiency Standards
  by Jerri-Lynn Scofield 9:55 am

• Links 6/1/18
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: Deutsche Bank CoCo Bonds Plunge, Shares Hit Record Low, after US Entity Makes FDIC’s “Problem Bank List”
  by Jerri-Lynn Scofield 6:25 am

• Republican Mayors Push Climate Action Without Saying ‘Climate Change’
  by Yves Smith 2:59 am

• Did Italy’s 5 Star-Lega Coalition Blink in Its First Standoff With Eurocrats and Banksters?
  by Yves Smith 2:45 am

• NYC Area Residents: Be Sure to Come to Our Meetup with Lambert This Saturday, June 2
  by Yves Smith 12:05 am