Lambert Strether will be guest DJing tomorrow and Sunday! If you send links ideas to me, be sure to include Lambert at lambert_strether.corrente (at) yahoo.com.
Tobacco industry dying? Not so fast, says Stanford expert Stanford News (hat tip Doug Smith)
Airline launches maiden flight with transsexual attendants ThaiVisa (hat tip reader furzy mouse). This is cool. Thai trannies are really cute. See?
Addicted To Risk Naomi Klein TED via Huffington Post (hat tip reader Aquifer)
As Doctors Use More Devices, Potential for Distraction Grows New York Times (hat tip reader Aquifer)
Infinite Stupidity Edge (hat tip reader Aquifer)
US Sentinel Drone Fooled Into Landing With GPS Spoofing Slashdot (hat tip reader bob)
Exclusive: Iran hijacked US drone, says Iranian engineer Christian Science Monitor (hat tip reader furzy mouse)
French leaders declare a war of words on Britain Telegraph. Swedish Lex writes: “France launches a pre-emptive populist & vote-seeking missile strike across the Channel while awaiting its downgrade.”
Irish Economy Shrinks 1.9% — Has Its Worst Quarter Since Q1 2009 Clusterstock. So what about that urban legend that austerity was finally producing positive results in Ireland?
How James Murdoch’s phone-hacking cover-ups went belly-up Guardian (hat tip Buzz Potamkin)
US Congress fights China on all fronts Asia Times (hat tip reader Paul S)
Congress reaches spending deal Washington Post
The People and the Patriots Boston Review (hat tip reader David J)
All Your Rick Perry Gay Sex Rumors Collected in One Handy Book Gawker (hat tip reader furzy mouse)
Jon Huntsman leapfrogs Ron Paul in New Hampshire, says poll Christian Science Monitor (hat tip reader furzy mouse)
Wis. woman, 84, stands firm against voter-ID law McClatchy (hat tip Buzz Potamkin)
The assholocracy Language Log
The scandal of the Alabama poor cut off from water BBC. Since my mother lives in Jefferson County, I had wanted to post on this, but now am too late. This situation is horrific (she pays $50 a month as a single person in sewer charges, and it goes to $250 a month if she waters the lawn enough to keep the shrubs alive. Needless to say, her shrubs are dying. At least she can afford to pay. This article describes what happens to those who can’t). This is all thanks to JP Morgan plus local corruption (you can be certain Jefferson County would have BK’d sooner if the locals weren’t complicit).
G.O.P. Monetary Madness Paul Krugman, New York Times
US Treasuries: Surprisingly sturdy Financial Times. OK, I am generally loth to toot my own horn, but we’ve been consistent in saying the scaremongering around Treasuries was nuts, the trend was clearly deflationary, and high quality bonds and cash are the place to be in deflation.
As Sales Lag, Stores Shuffle the Calendar New York Times. Here that Black Friday was touted as being so super duper…
Occupy Goes Home Village Voice (hat tip reader Timotheus)
Occupy LA Plans to ‘Occupy ICE’ at Downtown Federal Building: Immigrant Crackdowns to be Protested LA Weekly (hat tip Yasha)
Corzine: MF Staff Said Fund Transfer Legal Bloomberg. Corzine is sticking to the ‘I thought this was kosher” script, which is a get out of jail free card for fraud (fraud requires a demonstration of intent). Sarbanes Oxley was designed to close that down. If you were a certifying officer (and CEOs did sign certifications) and your internal controls were bad (and failure to understand what the proper handling of customer money amounted to would seem to be a major control failing), you do not get off the hook.
12 15 11 California Congressmen Write to President Obama in support of AG Kamala Harris not going along with multi-state settlement ScribD (hat tip reader Deontos). Better title: “California Congressmen Tell Obama to Go to Hell on Mortgage Settlement”
Treat foreclosure as a crime scene Matt Stoller, Politico
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