Recent Items
Thursday, November 13, 2025
Links 5/15/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 178 Comments »
Bill Black: The Best Way to Rob a Bank Is to Own One (Part 1/9)
Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal.
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Free markets and their discontents, Guest Post, Legal, Moral hazard, Politics, Regulations and regulators
Posted by Yves Smith at 6:36 am | 12 Comments »
Revealed: Big Pharma’s Plot to Derail US Covid-19 Vaccine Waiver
Confidential documents expose the pharmaceutical lobby’s attempts to recruit lawmakers for anti-TRIPS vaccine waiver effort.
Topics: Banana republic, Doomsday scenarios, Free markets and their discontents, Guest Post, Health care, Pandemic, Ridiculously obvious scams
Posted by Yves Smith at 5:33 am | 36 Comments »
Musical Interlude (“On the Path of Decent Groove”): Belshazzar’s Feast
Another musical offering, this one the over-the-top turbo-charged cantata, Belshazzar’s Feast, by Sir William Walton.
Topics: Curiousities
Posted by Yves Smith at 2:28 am | 29 Comments »
2:00PM Water Cooler 5/14/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 126 Comments »
Book Review: A Ground-Level Look at America’s Health Care System
In “The Hospital,” Brian Alexander chronicles the struggle to provide adequate health care in small-town America during Covid.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Pandemic
Posted by Yves Smith at 9:55 am | 5 Comments »
Links 5/14/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 160 Comments »
CalPERS Long-Term Care Program Bleeds Policyholders Dry via 10X Higher Premiums, Gross Mismanagement, Bad Faith Dealing
CalPERS continued to abuse its long-term care policy holders, via contract-defying rate increases vastly higher than other insurers.
Topics: Banana republic, CalPERS, Corporate governance, Dubious statistics, Guest Post, Health care, Investment management, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:51 am | 19 Comments »
Why Biden’s Carbon Pricing and Electric Vehicle Plans Won’t Avert Climate Crisis
Unfortunately, central Biden Administration climate change policies, like carbon taxes/pricing, fall well short of the level of action needed
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Politics, Taxes
Posted by Yves Smith at 6:35 am | 41 Comments »
Iran To Saudi Arabia: Sell Our Oil And We Will Reduce Houthi Attacks
An credible outlet reports that Iran is negotiating with the Saudis to work around US economic sanctions. Oops!
Topics: Doomsday scenarios, Energy markets, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:22 am | 4 Comments »
2:00PM Water Cooler 5/13/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 137 Comments »
A Night Under the Bombs in Gaza
It is a long and tough night in Gaza. We cannot sleep. The house feels like it is shaking. We are all afraid.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 9:55 am | 49 Comments »
Links 5/13/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 156 Comments »
Sputtering About Crypto and the US Pipeline Ransomware Attack
You can hear the silence about the role of crypto in the Colonial Pipeline and a growing spate of ransom demands.
Topics: Banana republic, Banking industry, Currencies, Free markets and their discontents, Infrastructure, Payment system, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:54 am | 81 Comments »
I Spent a Year and a Half at a ‘No-Excuses’ Charter School – This Is What I Saw
A tally of the limittions of the strict “no excuses” charter school format that bizarrely skips over their intent to weed out students.
Topics: Banana republic, Guest Post, Politics, Privatization, Social policy
Posted by Yves Smith at 6:53 am | 40 Comments »



