Report slams response to nuclear crisis Financial Times
Dieting for two weeks stopped my diabetes: A radical low-calorie regime freed Paul from daily insulin injections Daily Mail (hat tip reader May S). This is a report on a small scale medical study.
Book examines America’s turn from science, warns of danger for democracy McClatchy (hat tip Buzz Potamkin)
How ‘overlooked’ middle children triumph in the end Daily Mail (hat tip reader May S)
Google Roils Travel Wall Street Journal
Anonymous denies Stratfor hack TGDaily (hat tip reader Valissa)
CIA has suspended drone attacks in Pakistan, U.S. officials say Los Angeles Times (hat tip Robert N)
Condoleeza Rice Wants a Do-Over After Destroying Iraq Scarecrow, Firedoglake
Japan and China: Small Beer Credit Writedowns
Wrong is still wrong and should be disregarded Bill Mitchell (hat tip reader Hans Suter)
‘Fear Gauge’ Shows Calm Before the Possible Storm Wall Street Journal
Fed’s Once-Secret Data Compiled by Bloomberg Released to Public Bloomberg (hat tip Michael Hudson)
Twist in the tale of bond market’s orphan asset Financial Times
The Big Lie Michael M. Thomas, The Daily Beast (hat tip reader May S). For those of you who had the misfortune never to see Thomas’ columns in The Observer, this old-school banker (a former Lehman partner from the Bobbie Lehman era, meaning before Lew Glucksman and Dick Fuld) can rise to levels of invective your humble blogger has yet to master.
At the end of the day, the convulsion to come won’t really be about Wall Street’s derivatives malefactions, or its subprime fun and games, or rogue trading, or the folly of banks. It will be about this society’s final opportunity to rip away the paralyzing shackles of corruption or else dwell forever in a neofeudal social order. You might say that 1384 has replaced 1984 as our worst-case scenario. I have lived what now, at 75, is starting to feel like a long life. If anyone asks me what has been the great American story of my lifetime, I have a ready answer. It is the corruption, money-based, that has settled like some all-enveloping excremental mist on the landscape of our hopes, that has permeated every nook of any institution or being that has real influence on the way we live now.
Antidote du jour: