Author Archives: Yves Smith

Links 4/1/16

Can Sanders Win Over Rich Voters in New York?

After Wisconsin, the next round of primaries in concentrated in more affluent East Coast states, and Clinton does well with rich voters. Can Sanders make enough headway with them?

Is an Aussie Debt Crisis Around the Corner?

Australia’s macro numbers are looking more worrisome by the minute. Is this a trajectory to a debt crisis?

Wolf Richter: Job Cuts Pile Up

An increase in job cuts announced suggests an employment turning point is nigh.

A Firm Elizabeth Warren Wants Examined for Statements on Fiduciary Duty Reform is Where the SEC’s Tainted Former Exam Chief, Andrew Bowden, Landed as General Counsel

Former SEC official Andrew Bowden, who resigned over looking too cozy with the SEC, is now general counsel at a firm in Warren’s crosshairs.

Paul Ryan Sorry for Calling Americans “Takers.” Let’s Talk About the Real Takers.

Rana Foroohar’s new book, Makers and Takers: The Rise of Finance and the Fall of American Business, addresses what Paul Ryan conveniently left out.

Links 3/31/16

Mainstream Media Ignores Blockbuster Expose of Massive Bribery in Iraq by Unaoil

Fairfax and Huffington Post have broken a monster story on bribery by Unaoil in Iraq that implicates major multinational corporations and officials all over the Middle East. So why the media blackout?

Gaius Publius: The Rebellion Will Not Go Away

Rebellion watch: Why the natives will remain restless.

Climate Change Alert: Life Is About To Get Much Worse

Updated climate models indicate that temperatures and storms will be getting much worse in the next 10-20 years.

Marshall Auerback: Donald Trump Understands the Nexus Between Trade and Immigration

By linking immigration and trade, however crudely, Trump has exposed the broader paradox and inherent contradictions which lurk between the two.

Links 3/30/16

Brexit: This is What We Call a Muppet Show

An update on the Brexit referendum.

Thomas Frank: How Democrats Created Liberalism of the Rich

Make no mistake; the Democrats engineered the Third Way faux liberalism that sold out the working classes to benefit the rich and their minions.