A rallying cry for the Post Office.
Recent Items
Tuesday, November 18, 2025
Preserve the People’s Post Office: Let Us Do Meaningful Postal Reform
Topics: Banana republic, Free markets and their discontents, Guest Post, Infrastructure, Privatization, Real estate, Ridiculously obvious scams, Social policy
Posted by Yves Smith at 4:19 am | 21 Comments »
22 Year Study Finds Hedge Fund Managers Collect 64% of Investors’ Gross Returns
Hedge fund managers claw an awful lot in fees out of their investors but the reasons look to be different than for private equity.
Topics: CalPERS, Dubious statistics, Hedge funds, Investment management, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 3:57 am | 11 Comments »
How CalPERS Staff Keeps the Board in the Dark About Compliance Problems
CalPERS has long covered up its dirty linen, including by making uninformative presentations to the board.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal
Posted by Yves Smith at 10:06 pm | 25 Comments »
2:00PM Water Cooler 9/2/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 171 Comments »
Are Riots Counterproductive, and Who Decides?
Riots and street violence are often blamed for producing a political backlash, but the real picture is more complex.
Topics: Banana republic, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 146 Comments »
Links 9/2/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 224 Comments »
Journey into a Libertarian Future: Part IV – The Journey into a Libertarian Past
The libertarian justification of hierarchies and expropriation of land.
Topics: Banana republic, Guest Post, Income disparity, Ridiculously obvious scams, Social policy, Social values, The dismal science
Posted by Yves Smith at 4:02 am | 20 Comments »
Fauci Says COVID Vaccine Trials Could End Early If Results Are Overwhelming
The FDA’s eagerness to launch a Covid-19 vaccine is not a way to win public trust, particularly in light of the agency’s record of bad calls.
Topics: Banana republic, Guest Post, Health care, Pandemic, Politics, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 3:42 am | 39 Comments »
Influential CalPERS Retiree Group Demands Resignation of Board President Henry Jones; Calendars Confirm Secret “Board Within Board” Abuse
CalPERS governance has become so visibly defective that a normally loyal retiree organization has gone into revolt.
Topics: CalPERS, Corporate governance, Investment management, Politics
Posted by Yves Smith at 10:09 pm | 29 Comments »
2:00PM Water Cooler 9/1/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 208 Comments »
Could Religious Exemptions Trump a COVID-19 Vaccine Mandate? Well, That Depends
How far could US authorities readily go in implemeting a vaccine requirement?
Topics: Guest Post, Health care, Legal, Pandemic, Politics, Risk and risk management, Science and the scientific method, Social policy, Social values
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 9/1/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 165 Comments »
Michael Hudson: How an “Act of God” Pandemic Is Destroying the West: The U.S. Is Saving the Financial Sector, Not the Economy
The coronavirus’ effect has been to help defeat the financial sector’s enemy, governments strong enough to regulate it.
Topics: Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Yves Smith at 6:38 am | 75 Comments »
Teachers Strike Authorization Vote Looms as Union and City Launch Last-Ditch Safety Talks
Teachers are going down to the wire with a strike threat in New York City over their assessment that planned Covid protections are inadequate.
Topics: Banana republic, Guest Post, Pandemic, Politics, Social policy, Social values
Posted by Yves Smith at 5:55 am | 3 Comments »
CalPERS Misappropriates Funds, a Violation of the Criminal Code, By Laundering $40,000 Speaker Fee Through Randle Communications, a Nearly $500,000 a Year Advisor to Marcie Frost
CalPERS is not only hiring overpriced motivational speakers it can’t afford, but it is also cooking its records to do so.
Topics: CalPERS, Corporate governance, Legal, Media watch, Politics, Ridiculously obvious scams
Posted by Yves Smith at 10:13 pm | 25 Comments »


