Links 3/21/10

California Tribe Hopes to Woo Salmon Home New York Times

Shark-Bitten Crocodile Poop Fossils Found (No, Really) Wired (hat tip reader John M)

For One Tiny Instant, Physicists May Have Broken a Law of Nature PhysOrg (hat tip reader John D)

Baldness ‘could be good for your health’ say scientists BBC (hat tip reader John D)

Nancy Pelosi steeled White House for health push Politico (hat tip Clusterstock)

The ties that bind America to Israel are beginning to fray and break Chris McGreal, Guardian

Another Gulf War Syndrome? Mother Jones (hat tip reader John D)

Greenspan versus Reality, Part 1 David Merkel

Pools That Need Some Sun Gretchen Morgenson, New York Times. Wow, even that presumed reliable bank stuffee, the Federal Home Loan Bank, are now suing banks for misrepresenting the quality of loans they sold.

Bernanke Says Large Bank Bailouts ‘Unconscionable,’ Must End Bloomberg. Kinda late to be saying that…..And even worse, he is a defender of “innovation”: “Toward a More Competitive, Efficient, and Innovative Financial System” Mark Thoma

Why financial regulation must also rebuild trust VoxEU. Per above, Bernanke does not appear to be with the program.

BTW, a week from today, from 2-4 EDT, Lambert Strether will host a discussion of ECONNED at his site. I will participate.

Antidote du jour:

catsinsinks

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12 comments

  1. Jojo

    March 21, 2010
    I.M.F. Warns Wealthiest Nations About Their Debt
    By SEWELL CHAN

    The global economic crisis has left “deep scars” in the fiscal balances of the world’s advanced economies, which should begin to rein in spending next year as the recovery continues, the No. 2 official at the International Monetary Fund said Sunday.

    In a speech at the China Development Forum in Beijing, John Lipsky, the deputy managing director of the I.M.F., offered a grim prognosis for the world’s wealthiest nations, which find themselves at a level of indebtedness not seen since the aftermath of World War II.

    For the United States, “a higher public savings rate will be required to ensure long-term fiscal sustainability,” Mr. Lipsky said.

    http://www.nytimes.com/2010/03/22/business/global/22imf.html

  2. ellis

    I don’t get it. The Federal Home Loan Bank is suing banks that sold it mortgage based securities years ago. Yet at the same time, the Fed and Fannie Mae and Freddie Mac continue to buy up almost all the mortgage based securities from the same private banks.

  3. Tera€/Frank

    @Yves

    as a long time reader (about 20 month), fan of this site (and now first commentator) just some Words:

    Thanks for your great job here.

    I just started a small german blog.
    Now i have 1 tip and 1 question about “Antidote du jour”:
    Tip:
    http://tera-euro.blogspot.com/2010/03/warning-mycat-introduces-her-big.html
    2 nice cats

    Question:
    Maybe i am blind, but I cant find a “contact button” here.

    Greetings from Germany

    Tera€/Frank
    _____________________________
    “Names will be changed to protect the innocent, if we find any…”
    Tera-Euro my little (german) blog

  4. Ina Deaver

    It was nice of the cats to be appropriately sized for the sink, huh?

    Our furball is partial to cardboard boxes and shopping bags.

  5. dbk

    Hi Yves, perhaps for a future Links, I refer you to an amusing music video titled “I Used To Be The CEO”.

    “Bonus time on Wall Street,
    busted flat on Main,
    never knew the reason,
    that I never got the blame.”

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