Entries by emptywheel

Why Won’t the FAA Tell EFF Who’s Flying the Drones in US Airspace?

According to this October 2010 report, these are all the locations at which someone–DOD, DHS, and NASA are publicly admitted users; “Other Government Agencies” (spooks) are always included in the discussion though not detailed–got waivers from the Federal Aviation Administration since 2008 to operate drones outside of restricted airspace. And we know they’ve been active […]

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Associate Attorney General Thomas Perrelli to Leave DOJ in March

The guy in charge of–among other things–the elusive foreclosure fraud settlement with the banksters just told NPR’s Carrie Johnson he’ll be leaving in March. Associate Attorney General Tom Perrelli will leave the third highest-ranking post at the Justice Department in March after nearly three years managing a bustling portfolio that has run the gamut from […]

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The Mafia Bank

In his book, McMafia, Misha Glenny describes how mobsters filled the vacuum left by communism in Eastern Europe and Russia. The new circumstances bewildered old international institutions. All had to improvise and no party quite understood the implications of its actions or their unintended consequences. One group of people, however, saw real opportunity in this […]

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“Creative Destruction” as Catchall

Matt Yglesias has responded to my post on the destruction wrought by some capitalism with a fairly narrow complaint about my sarcastic comment about what I still maintain his original post entailed: an apology for the kind of destruction that Bain Capital engages in because (he argued) all successful capitalism creates such destruction. I don’t […]

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The Greatness of America: “Ashes of Doomed Factories, Pink-Slipped Workers, and Towns Laid to Waste”

I’m utterly delighted with this paragraph: But as is so often the case, the reality is more complicated. Almost every successful business career is built on the ashes of doomed factories, pink-slipped workers, and towns laid to waste. Not because it’s true–it’s not! But because I’m so amused that someone (in this case, Matt Yglesias, […]

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Our New Teachers about Rule of Law

The Gray Lady is dedicating space this week to reflections on Gitmo. In addition to a debate on it (more on that tomorrow), it offered Lakhdar Boumediene and Murat Kurnaz space to tell their stories, albeit in the opinion section. Both men told of their terrible treatment. But both also discussed what they learned about […]

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Fast and Furious Money Laundering

Every time I read Treasury’s updates of sanctions designations, I’m reminded that two of our three new trade partners–Colombia and Panama–are really centers for corruption, money laundering, and crime. One of three new kingpins added to the list is from Colombia (the other two from Mexico), something like 23 of 50-some people and companies being […]

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Commodity Bubbles and the Resource Curse

The FT links to this Oxford Policy Management study showing that 15 low and medium income countries have become newly dependent primarily on some commodity–fuel or minerals–for export income in the last 14 years. The number of low- and middle-income countries1 that depend on minerals for more than 25% of their tangible exports – defined […]

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