naked capitalism
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- Links, 4/11/2012
- Abigail Field: Hiding the Enforcement Fraud at the Heart of the Mortgage Settlement
- “Code is law.” Literally.
- Philip Pilkington: MMT, Functional Finance and Dirigisme – Sketch of an Alternative Economic Approach for Developing Economies
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Posted: 11 Apr 2012 02:55 AM PDT NY pushes objection to BofA $8.5 billion mortgage pact (Reuters) So there’s a bit of life in Schneiderman’s office.  A bit. Usury Takes a Bite Out of the Poor (Credit Slips) WTO Orders U.S. to Dump Landmark Obama Youth Anti-Smoking Law (Huffington Post)  - The World Trade Organization reversed America’s ban on flavored cigarettes, which are targeted at children.  Indonesia sued, and won, arguing that banning clove cigarettes is an unfair trade barrier.  Our trade laws make sense! Consumer bureau plans overhaul of mortgage industry (The Hill) Rick Santorum asks supporters: What’s next? (Politico)  What’s next, Rick? Not being President, that’s what’s next!  Ka-pow!  Boom!  Tip your waitresses!  I’ll be here all, oh, calm down Yves is coming back soon. Rush Limbaugh: The ‘establishment’ won (Politico) Apparently Limbaugh says that he and his fellow members of the plucky rebel alliance, armed only with the entire network of Clear Channel radio and various billionaire SuperPACs, were defeated by a vastly superior force of other billionaire SuperPACs. Carlyle Is Said to Seek Value of Up to $8 Billion in IPO (Bloomberg) Obama: Buffett rule about fairness, future (Politico)  President Obama also gave a speech on raising taxes on the rich.  I wonder if he just has a bet on how many promises he can make and break to voters without them caring. Chris Christie Says We’re Turning into a Nation of Couch Potatoes (Politico)  The New Jersey Governor says that we’re turning into a ““paternalistic entitlement society†that will bankrupt the country financially and morally because “we’ll have a bunch of people sittin’ on a couch waiting for their next government check.† The real question is… will he run for President? Wafting poison makes fertile ground for suit in Stearns County (Minneapolis Star Tribune) Massachusetts Senate Poll Shows Elizabeth Warren, Scott Brown Running ‘Neck-And-Neck’ (Huffington Post) Social Stress Changes Immune System Gene Expression in Primates (Science Daily) Apple, Macmillan Said to Prepare for U.S. Suit Over eBook (Bloomberg) Americans Agree: There Is No Recovery (Financial Armageddon)  Not sure I buy this, the data seems more mixed. Why GOP Mega-Donor Sheldon Adelson Is Mad, Bad and a Danger to the Republic (Rolling Stone)  ”Adelson once told the Wall Street Journal, radical Islam and the right to more easily join a union were the two greatest “fundamental threats to society.”" Irish Economic Crisis Devours Restaurants (Wall Street Journal) A Russian City Always on the Watch Against Being Sucked Into the Earth (New York Times) Pa. joins cash-hungry states turning to lotteries (Pocono Record)  This is actually just about privatizing state lottery systems, or as it’s otherwise known, legalizing gambling. John Douglass, Democratic Virginia Congressional Candidate, Is A Rebel Civil War Reenactor (Huffington Post) Make Peace The first paragraph deals with how to meditate when you can’t get your mind off a politician you hate. (Yoga Journal) SoFi Reinvents College Loans With Alumni Funding (TechCrunch) Or they could just deal with the leverage and corruption at the heart of the problem. But whatevs. |
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