Why You Can Now Kiss Organic Beef, Dairy and Many Vegetables Goodbye AlterNet (hat tip reader furzy mouse)
Geek Culture Will Never Die…or Be Popular PCMagazine
Web Running Out of Addresses Wall Street Journal. One of my buddies had a block of Class B addresses that he sold a few years ago for $50,000 (of course, you are not supposed to sell them, but that’s how it works). I wonder what they would fetch now.
Gun dealers sell pistols ‘without background check’ BBC. Admittedly I did not look hard for this story, but it’s front page at the BBC and does not appear to be getting anywhere near such prominent billing in the US.
Estonia’s recovery holds little hope for eurozone John Dizard, Financial Times
Business confidence collapsed in Dec: NAB Sydney Morning Herald (hat tip reader Skippy)
Mid-East contagion fears for Saudi oil fields Ambrose Evans-Pritchard, Telegraph
Egypt and Obama Nemo. Nicely put.
Live from Cairo (5) Lambert Strether. His comments on the live stream are great.
Letter from Kabul: The Great Afghan Bank Heist New Yorker (hat tip reader Tertium Squid)
Gas Drilling Technique Is Labeled Violation New York Times
Nearly half of Palin backers may flee GOP if she isn’t nominated RawStory. Since her popularity has plunged, I’m not sure this is as big a deal as it sounds (and the figures in the story provide some confirmation).
Glenn Beck Limps into 2011 with Sinking Ratings AlterNet (hat tip reader furzy mouse)
Hundreds in California Protest Corporate Influence in Elections People for the American Way (hat tip reader furzy mouse). The turnout strikes me as large, given the location.
Debts Should Be Honored, Except When the Money Is Owed to Working People Dean Baker, TruthOut
The great disleveraging MacroBusiness. I don’t agree with the thesis, in that long plateaus seldom occur in markets, but it’s an interesting one.
Mortgage lenders penalising couples with children Telegraph. I hate to sound heartless, but this sounds completely logical.
My Most Libertarian Post Ever James Kwak
CRE “extend and pretend” reaching breaking point Housing Wire
Competition pushes US banks to ease credit Financial Times. If you read the article closely, the increase in loan demand may be for M&A, which would be consistent with overly cheap money going more into the financial economy than the real economy.
A pay-up and shut-up deal for the banks Philip Stephens, Financial Times. Note the absence of this sort of piece in the MSM in the US.
New High in U.S. GDP Does NOT Indicate Recovery is Complete John Lounsbury, Credit Writedowns
Antidote du jour (hat tip reader Peter G, who reports the source is unknown, it has been “doing the rounds on e-mail here”):