Monthly Archives: August 2019

August 31, 2019

• Announcing Comments Holiday Through September 7
  by Yves Smith 10:28 pm

• Links 8/31/19
  by Jerri-Lynn Scofield 6:55 am

• Bill Black: Is it Cynical to Believe the System is Corrupt?
  by Jerri-Lynn Scofield 1:25 am

• A Question of Character
  by Yves Smith 12:18 am

August 30, 2019

• Clever Tactics “Add Oil” to Hong Kong Protests (and not “Hidden Hands”)
  by Lambert Strether 4:25 pm

• 2:00PM Water Cooler 8/30/2019
  by Lambert Strether 2:00 pm

• Links 8/30/19
  by Lambert Strether 6:55 am

• Marshall Auerback: We Are Clearly Living in a Bizarro Capitalism Era—And It’s Time to Change How the World Manages Economies
  by Lambert Strether 6:50 am

• Reminder: DNC Lawyers to Court, “We Do Not Owe Voters an ‘Impartial’ or ‘Evenhanded’ Primary Election”
  by Yves Smith 12:05 am

August 29, 2019

• A European Perspective on Boeing’s 737 MAX Debacle: An “Existential Crisis” for a National Champion
  by Lambert Strether 4:25 pm

• 2:00PM Water Cooler 8/29/2019
  by Lambert Strether 2:00 pm

• Links 8/29/19
  by Lambert Strether 6:55 am

• Libra: The Known Unknowns and Unknown Unknowns
  by Lambert Strether 6:45 am

• Brexit: Focusing the Mind
  by Yves Smith 12:50 am

• The Sacrificial Rites of Capitalism We Don’t Talk About
  by Yves Smith 12:41 am

August 28, 2019

• 2:00PM Water Cooler 8/28/2019
  by Lambert Strether 2:00 pm

• Judge Issues $572 Million Verdict Against J & J in Oklahoma Opioids Trial: Settlements to Follow?
  by Jerri-Lynn Scofield 9:55 am

• Links 8/28/19
  by Jerri-Lynn Scofield 6:55 am

• Trump Transition: Emoluments Clause Ain’t Kryptonite
  by Jerri-Lynn Scofield 6:50 am

• Newark’s Water Crisis is One of Thousands That Are Worse Than Flint’s
  by Jerri-Lynn Scofield 1:55 am

• Flood the Market
  by Jerri-Lynn Scofield 12:25 am

August 27, 2019

• 2:00PM Water Cooler 8/27/2019
  by Lambert Strether 2:00 pm

• Robocalls: Your Number, Please
  by Jerri-Lynn Scofield 1:55 pm

• Links 8/27/19
  by Lambert Strether 6:55 am

• Brexit: Sound and Fury
  by Yves Smith 4:45 am

• Bernie Sanders’ GND Plan Will Nationalize Power Generation in the U.S.
  by Yves Smith 4:37 am

• A National Public School ‘Leadership’ Disaster: Private Firms Vetting Candidates for Superintendent
  by Yves Smith 12:02 am

August 26, 2019

• 2:00PM Water Cooler Special: Reader Report from the Field on Biden in New Hampshire (and It’s Ugly. Very Ugly. Come ON, Man)
  by Lambert Strether 4:55 pm

• 2:00PM Water Cooler 8/26/2019
  by Lambert Strether 2:00 pm

• Waste Watch: Big Fashion Embraces Sustainability? Ha!
  by Jerri-Lynn Scofield 9:55 am

• Links 8/26/19
  by Jerri-Lynn Scofield 6:55 am

• Wolf Richter: World Trade Skids for First Time Since Financial Crisis
  by Jerri-Lynn Scofield 6:45 am

• Trump’s China Trade War Gaslighting: Will There Evah Be a Deal?
  by Yves Smith 5:00 am

• Immigration, Fear, and Public Spending on Security: The Italian Example
  by Yves Smith 4:59 am

August 25, 2019

• Links 8/25/19
  by Jerri-Lynn Scofield 6:55 am

• The Amazon is Burning at a Record Rate
  by Jerri-Lynn Scofield 2:25 am

August 24, 2019

• Announcing Mid-Coastal Maine Meetup Wednesday September 4 on Bailey Island
  by Yves Smith 11:24 pm

• Hedge Fund Chatham Sends Nastygram Over NY Post Removal of “Parked Transaction” in Piece on Questionable Deals Involving American Media, Owner of National Enquirer. CalPERS Too.
  by Yves Smith 7:46 pm

• Links 8/24/19
  by Lambert Strether 6:55 am

• Italy’s Right-Wing Government Collapses – Will the Next One Be Better?
  by Yves Smith 3:57 am

• Removing Mini-Shampoos from Hotel Rooms Won’t Save the Environment
  by Yves Smith 3:11 am

August 23, 2019

• 2:00PM Water Cooler 8/23/2019
  by Lambert Strether 2:00 pm

• Influential CalPERS Beneficiaries Charge Sacramento Bee With Biased Coverage
  by Yves Smith 10:50 am

• Links 8/23/19
  by Yves Smith 6:55 am

• The Fed Thinks the US Economy Is Fine. Do You?
  by Yves Smith 4:00 am

• Cheerleading for Austerity
  by Yves Smith 3:55 am

• It’s Raining Plastic, From the Pyrenees to the Rockies to the Arctic
  by Yves Smith 12:04 am

August 22, 2019

• 2:00PM Water Cooler 8/22/2019
  by Lambert Strether 2:00 pm

• Hong Kong’s Economy Is Still Important to the Mainland, at Least Financially
  by Yves Smith 9:55 am

• Links 8/22/19
  by Yves Smith 6:55 am

• A Brush With A Notorious Cat, My Rabies Education And The Big Bill That Followed
  by Yves Smith 5:47 am

• Trump Never Had a Grand Strategy for China: They Were Just Tariff Tantrums
  by Yves Smith 3:51 am

• Amid Recession Warnings, Trump Reportedly Considering More Tax Cuts for Rich and Corporations
  by Yves Smith 3:16 am

August 21, 2019

• 2:00PM Water Cooler 8/21/2019
  by Lambert Strether 2:00 pm

• It’s Official: Parts of California Are Too Wildfire-Prone To Insure
  by Yves Smith 9:55 am

• Links 8/21/19
  by Yves Smith 6:55 am

• Crooked Conflict of Interest: CalPERS Board Member Lisa Middleton Pushed Radical Changes to Board Schedule to Solve Her Personal Schedule Conflict
  by Yves Smith 12:04 am

• CalPERS’ Secret Investigation of Hiring Practices Shows Glaring Deficiencies; Has the Board Been Kept in the Dark?
  by Yves Smith 12:03 am

• Shale Bleeds Cash Despite Best Quarter In Years
  by Yves Smith 12:02 am

August 20, 2019

• 2:00PM Water Cooler 8/20/2019
  by Lambert Strether 2:00 pm

• ‘The Next Flint,’ and America’s Problem with Lead in Its Water
  by Yves Smith 9:55 am

• Links 8/20/19
  by Lambert Strether 6:58 am

• CalPERS Engineering Board Resignation: Underhanded, Dishonest Plans to Cut Investment Meetings of Poorly Performing Fund by More Than 50%, Shrink Investment Committee
  by Yves Smith 6:57 am

• CalPERS Engineering Board Resignation: “Attempted Coup” via Unconstitutional, Fiduciary-Duty-Violating “Code of Conduct”
  by Yves Smith 6:56 am

• CalPERS Board President Henry Jones Exposed for Leaking Confidential “Closed Session” Information; Board Member Theresa Taylor Gives Factually-Challenged Denial of Her Closed Session Leak
  by Yves Smith 6:55 am

August 19, 2019

• Is the So-Called “Manufacturing Renaissance” a Mirage?
  by Lambert Strether 3:55 pm

• 2:00PM Water Cooler 8/19/2019
  by Lambert Strether 2:00 pm

• Externalities – And Cheating – in the Financial Crisis
  by Lambert Strether 9:55 am

• Links 8/19/19
  by Lambert Strether 6:55 am

• CalPERS Board Member Theresa Taylor Breached Confidentiality, Board Engaged in Apparent Criminal Violations of Open Meeting Law in Attacks on Pro-Transparency Board Membrs
  by Yves Smith 6:25 am

• One Nation Under Stress?
  by Yves Smith 1:42 am

August 18, 2019

• Phishing Equilibria in E-Commerce: Shopping Sites and Dark Patterns
  by Lambert Strether 3:55 pm

• Links 8/18/19
  by Lambert Strether 6:55 am

• China’s Ultimate Play For Global Oil Market Control
  by Lambert Strether 6:25 am

August 17, 2019

• Links 8/17/19
  by Yves Smith 6:55 am

• De-Facto Annexation of Kashmir Means India as a Secular State is Ending
  by Yves Smith 4:37 am

• Out of the Ashes of Puerto Rico’s Economy Emerges a Promising Currency for All
  by Yves Smith 3:51 am

August 16, 2019

• 2:00PM Water Cooler 8/16/2019
  by Lambert Strether 2:00 pm

• A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
  by Yves Smith 9:55 am

• Links 8/16/19
  by Yves Smith 6:55 am

• Advertisers Blacklisting News, Other Stories with “Controversial” Words Like “Trump”
  by Yves Smith 5:50 am

• Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
  by Yves Smith 5:21 am

• Even Larry Summers Denounces World Bank’s “PEF” Ebola Bonds That Enriched Investors at Expense of the Sick in the Congo
  by Yves Smith 2:15 am

August 15, 2019

• 2:00PM Water Cooler 8/15/2019
  by Lambert Strether 2:00 pm

• Who Will Pay for the Huge Costs of Holding Back Rising Seas?
  by Yves Smith 9:55 am

• Links 8/15/19
  by Yves Smith 6:55 am

• Dow Jones “Emasculated” in CalPERS Copyright Abuse Per Supreme Court Amicus Brief Citing Work of This Humble Blog
  by Yves Smith 6:45 am

• Brexit: According to Script
  by Yves Smith 6:27 am

• Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations
  by Yves Smith 2:53 am

August 14, 2019

• Class-Action Lawsuit Seeks To Let Medicare Patients Appeal Gap in Nursing Home Coverage
  by Yves Smith 8:35 pm

• 2:00PM Water Cooler 8/14/2019
  by Lambert Strether 2:00 pm

• It Was More Like a Couple of Asian Decades Than a Century
  by Yves Smith 9:55 am

• Links 8/14/19
  by Yves Smith 6:55 am

• Jeffrey Epstein’s Death, Critical Thinking, and the Decline of Reporting
  by Yves Smith 6:14 am

• Ideology is Dead! Long Live Ideology!
  by Yves Smith 12:37 am

August 13, 2019

• Phishing Equilibria in Silicon Valley: Google Maps and Fraud
  by Lambert Strether 3:55 pm

• 2:00PM Water Cooler 8/13/2019
  by Lambert Strether 2:00 pm

• Links 8/13/19
  by Yves Smith 6:55 am

• How Richard Vague Discovered Gravity: An Interview + Book Review of A Brief History of Doom: Two Hundred Years of Financial Crises
  by Yves Smith 5:04 am

• How New York City Has Worked to Protect People from the Deadliest Disaster: Heat
  by Yves Smith 4:39 am

• No, Productivity Does Not Explain Income
  by Yves Smith 4:14 am

August 12, 2019

• 2:00PM Water Cooler 8/12/2019
  by Lambert Strether 2:00 pm

• Summertime and the Living is Easy: In Praise of Farmers Markets
  by Jerri-Lynn Scofield 1:25 pm

• Links 8/12/19
  by Jerri-Lynn Scofield 6:55 am

• Bretton Woods Institutions: Enforcers, Not Saviours?
  by Jerri-Lynn Scofield 5:55 am

• Brexit Breakup
  by Yves Smith 5:54 am

• U.S. Healthcare Industry Could Be Decimated by China Trade War
  by Yves Smith 2:28 am

August 11, 2019

• Rotten Apple: Right to Repair Roundup
  by Jerri-Lynn Scofield 9:55 am

• Links 8/11/19
  by Jerri-Lynn Scofield 6:55 am

• Example of ‘Unknown Unknowns,’ Study Detailing ‘Almost Instant Mortality of Corals’ Suggests Crisis Worse Than Previously Understood
  by Jerri-Lynn Scofield 5:55 am

August 10, 2019

• Links 8/10/19
  by Yves Smith 6:55 am

• Austerity Has Made People Less Prepared for a No Deal Brexit
  by Yves Smith 3:37 am

• Bleak Financial Outlook for US Fracking Industry
  by Yves Smith 2:58 am

August 9, 2019

• 2:00PM Water Cooler 8/9/2019
  by Lambert Strether 2:00 pm

• How Capitalism Exploits Our Fear of Old Age
  by Yves Smith 9:55 am

• Links 8/9/19
  by Yves Smith 6:55 am

• Deskilling Among Manufacturing Production Workers
  by Yves Smith 6:36 am

• New IPCC Report Warns of Vicious Cycle Between Soil Degradation and Climate Change
  by Yves Smith 6:20 am

• Why I Hate Houses
  by Yves Smith 5:49 am

August 8, 2019

• 2:00PM Water Cooler 8/8/2019
  by Lambert Strether 2:00 pm

• CalPERS Staff Caught Out in Yet Another Power Grab, Tries Gagging the Board With Staff’s “Board Code of Conduct”
  by Yves Smith 10:55 am

• Links 8/8/19
  by Yves Smith 6:55 am

• 5 Reasons Why Trump’s Venezuela Embargo Won’t End the Maduro Regime
  by Yves Smith 6:39 am

• Doctors Argue Plans To Remedy Surprise Medical Bills Will ‘Shred’ The Safety Net
  by Yves Smith 6:30 am

• Australia Debates: Communist Party China the New Nazi Germany?
  by Yves Smith 6:12 am

August 7, 2019

• 2:00PM Water Cooler 8/7/2019
  by Lambert Strether 2:00 pm

• Tightening Nickel Supply Threatens Electric Vehicle Boom
  by Yves Smith 9:55 am

• Links 8/7/19
  by Lambert Strether 6:55 am

• Apollo Doth Protest Too Much: Our Leon Black-Jeff Epstein Post Elicits Intervention by Apollo’s Flack
  by Yves Smith 6:30 am

• Low on Water, California Farmers Turn to Solar Farming
  by Yves Smith 4:57 am

• Britain After Brexit: Welcome to the Vulture Restaurant
  by Yves Smith 2:54 am

August 6, 2019

• 2:00PM Water Cooler 8/6/2019
  by Lambert Strether 2:00 pm

• How Private Prisons Affect Sentencing
  by Yves Smith 9:55 am

• Links 8/6/19
  by Lambert Strether 6:55 am

• Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People
  by Yves Smith 6:00 am

• What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties
  by Yves Smith 3:27 am

• Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
  by Yves Smith 2:25 am

August 5, 2019

• Credentialism and Corruption: A Second Look at the College Admissions Scandals
  by Lambert Strether 3:25 pm

• 2:00PM Water Cooler 8/5/2019
  by Lambert Strether 2:00 pm

• Links 8/5/19
  by Lambert Strether 6:55 am

• Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”
  by Yves Smith 4:52 am

• Money Is Still King of the Hill And We Are All the Poorer for It: A Glance Back, and Forward
  by Yves Smith 1:28 am

• The Military-Industrial Jobs Scam
  by Yves Smith 12:02 am

August 4, 2019

• Michael Hudson: Global Warming and U.S. National Security Diplomacy
  by Lambert Strether 11:55 am

• Links 8/4/19
  by Lambert Strether 6:55 am

• Neoliberalism: Political Success, Economic Failure
  by Lambert Strether 6:53 am

August 3, 2019

• Links 8/3/19
  by Yves Smith 6:55 am

• The Trump White House Is Upending Decades of Policy-Making Procedures
  by Yves Smith 4:28 am

• Why We Need Publicly Owned Energy for a Green New Deal
  by Yves Smith 4:13 am

August 2, 2019

• 2:00PM Water Cooler 8/2/2019
  by Lambert Strether 2:00 pm

• Trump Pretends to Like Union Members—But He Really Likes the Fat Cats
  by Yves Smith 1:33 pm

• Links 8/2/19
  by Lambert Strether 6:55 am

• Families Drowning in Debt to Stay in the Middle Class
  by Yves Smith 5:26 am

• CalPERS in Bed With Jeffrey Epstein Client and Co-Investor, Apollo’s Leon Black Even After Apollo Pay-to-Play Scandal Led to Conviction and Jail Term for Former CalPERS CEO
  by Yves Smith 4:20 am

• Why Consumers Aren’t Buying Electric Cars
  by Yves Smith 12:08 am

August 1, 2019

• 2:00PM Water Cooler 8/1/2019
  by Lambert Strether 2:00 pm

• Climate Equity: What Is It?
  by Yves Smith 9:55 am

• Links 8/1/19
  by Yves Smith 6:55 am

• Private Equity: The Perps Behind Destructive Hospital Surprise Billing
  by Yves Smith 4:39 am

• Signs of Recession Are Hitting Europe—And Its New Central Bank President May Not Be Up for the Challenge
  by Yves Smith 2:38 am