Corporate Media Tries to Bury Sanders Alive
This Real News Network segment focuses on the media’s misconstruction, or more accurately, misrepresentation, of what superdelegates mean for the Sanders campaign.
Read more...Author Archives: Yves Smith
The Hidden Health Costs of the Global Financial Crisis
Why the hidden health cost of the financial crisis will span decades.
Read more...Bill Black Speaks to TaxCast About the Political Coalition Against Financial Regulation
This month’s TaxCast features Bill Black on the Whistleblowers United regulatory reform proposals plus why tax amnesties are a bad idea.
Read more...Links 3/24/16
Michael Pettis: Trump and the Re-Emergence of the Jacksonians
Why Trump represents a recurring set of grievances in American politics, and elites are making a mistake in dismissing them.
Read more...Yale Law Journal: “In Defense of ‘Free Houses'”
State court abuse of the principle of res judicata, out of reluctance to give borrowers “free houses,” encourages poor foreclosure practices and causes broader social harm.
Read more...Phoenix Mayor Calls for Department of Justice Investigation into Maricopa County Disproportionately Reducing Polling Stations in Minority Neighborhoods
The mayor of Phoenix describes the successful effort to impede electoral participation by minority voters by Maricopa County and calls for a Department of Justice investigation.
Read more...Misunderstanding the Great Recession
How many of the textbook explanations of the Great Depression were proven wrong, yet despite that, were misapplied to the Great Recession.
Read more...Links 3/23/16
Michael Hudson and Chris Hedges: The Real World Cost of Turning Classical Economics Upside Down
Classical economics recognized the costs of rent extraction, excessive borrowing, and encouraging speculation over commerce. Ideologues have turned those lessons on their head.
Read more...Robert Reich: 5 Reasons Why Trump’s and Cruz’s Tax Plans are Huge Giveaways to the Rich
Trump’s tax plan reveals that his economic populism is three-card Monte.
Read more...Assuming Away Unemployment and Trade Deficits from the TPP
It should come as no surprise that the Peterson Institute has managed to model the impact of the TPP so that it does not increase unemployment.
Read more...Links 3/22/16
Is California Treasurer John Chiang Serious About His Private Equity Fee Transparency Bill?
Looking beneath the surface of the lackluster arguments e by Treasurer John Chiang and Assemblyman Ken Cooley for their private equity transparency bill.
Read more...The Oil and Gas Fire Sale: How Bad Will Losses to Banks and Investors Be?
Energy-bust inflicted to banks and other lenders has only just begun to bite.
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