Republicans have tabled a corporate bailout plan to calm markets. Can Bernie Sanders and others redirect the stimulus to reflate the economy?
Recent Items
Monday, July 14, 2025
Sanders Calls for ‘Unprecedented Legislative Response’ to Coronavirus Crisis—Not Corporate Bailouts
Topics: Banana republic, Doomsday scenarios, Guest Post, Income disparity, Pandemic, Politics, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 7:55 am | 40 Comments »
Links 3/23/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 287 Comments »
Bailout Shenanigans: Making 2008 Look Good?
The bailout bill looks shameless, even by Trump Administration standards.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Health care, Macroeconomic policy, Pandemic, Politics, Ridiculously obvious scams
Posted by Yves Smith at 5:54 am | 72 Comments »
Covid-19: A Tale of Three Regions
An epidemiloigist looks at Covid-19 data.
Topics: Dubious statistics, Guest Post, Health care, Pandemic
Posted by Yves Smith at 4:25 am | 62 Comments »
A Modest Proposal: Make Sure the Public Knows, in Real Time, When Congresscritters are Dumping Shares
The COVID-19 specter led Congresscritters to coo reassurance, and dump shares. A modest proposal: require immediate disclosure of trades.
Topics: Guest Post, Income disparity, Legal, Pandemic, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 10:45 am | 41 Comments »
Links 3/22/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 599 Comments »
Michael Hudson: A Debt Jubilee is the Only Way to Avoid a Depression
In the face of massive economic calamity caused by coronavirus, Michael Hudson argues a debt jubilee is the only way to avoid a depression.
Topics: Credit markets, Doomsday scenarios, Guest Post, Macroeconomic policy, Pandemic, Politics, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 3:55 am | 163 Comments »
Links 3/21/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 561 Comments »
NYU Preparing for Possible Use of Dorms as Field Hospitals
Contingency planning for emergency hospitals.
Topics: Doomsday scenarios, Health care, Pandemic
Posted by Yves Smith at 6:48 am | 50 Comments »
UN Chief Warns of Coming Recession for the Planet
The UN feels compelled to weigh in on the less-than-sunny economic outlook.
Topics: Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Health care, Pandemic
Posted by Yves Smith at 6:07 am | 25 Comments »
2:00PM Water Cooler 3/20/2020
2:00PM Water Cooler 3/20/2020
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 240 Comments »
The Pros and Cons of Planting Trees To Address Global Warming
Why planting more trees is not a climate change magic bullet.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post
Posted by Yves Smith at 9:55 am | 34 Comments »
Links 3/20/2020
Topics: Links
Posted by Lambert Strether at 6:58 am | 424 Comments »
How McKinsey Got Greedy
How McKinsey put money over its once vaunted firm values.
Topics: CEO compensation, Corporate governance, Free markets and their discontents, Ridiculously obvious scams
Posted by Yves Smith at 6:54 am | 36 Comments »
Why the Coronavirus Pandemic Could Weaken the School Privatization Agenda
Coronavirus-generated suspensions of testing throws a monkey wrench into the charter school agenda.
Topics: Banana republic, Free markets and their discontents, Guest Post, Pandemic, Politics, Privatization, Social policy
Posted by Yves Smith at 2:27 am | 19 Comments »