madness: tales of an emergency room nurse girlvet (hat tip Lambert)
Oil demand falls for first time since 2009 Financial Times. Normally, a telling negative indicator but we are having a freakishly warm winter.
Closing Strait of Hormuz Is an Option: Iran Bloomberg. Duh.
US Israeli War-games Canceled Real News Network (hat tip Philip Pilkington)
Fears rise over Commerzbank and MPS Financial Times. This is only the beginning.
Greece’s game plan Felix Salmon
Hedge Funds May Sue Greece if It Tries to Force Loss New York Times (hat tip reader bob). This is the silliest threat I have seen in a very long time. Hedge funds suing in a human rights court when austerity is leading to suicides, an inability to import medicine, garbage piling up in the street, and a breakdown in services (like public transport and electricity). I’d LOVE a really clever lawyer to turn the tables on these jerks and file a counterclaim.
And what are they going to do if they win? Ask NATO to send in tanks? Please.
Münchau: We are fighting the wrong crisis Edward Harrison
Eurocrisis is a Global Crisis Real News Network
Poll Sees Shift in Independent Vote, a Hurdle for Obama New York Times
Terrible Optics Watch: Obama to Accept Dem Nomination at Bank of America Stadium Dave Dayen, Firedoglake (hat tip reader Carol B)
Key Reform Ally Dishes On ‘Weak-Kneed’ White House Health Care Push TPM. In case you doubted the existence of the veal pen.
Zombie Larry Summers Could Reappear as Head of the World Bank Dave Dayen, Firedoglake.
Occupy Wall Street’s Next Phase: Avoid Cooptation in Election Seasonhj Black Agenda Report (hat tip Lambert)
Change academic publishing mathbabe
David Tuckett: How Stories about Economic Fundamentals Drive Financial Markets INET. Plausible, but notice how this is effectively an argument for better central bank propaganda.
Four banks set to bid for mortgage securities Financial Times. Only four banks bidding does not smell right.
Antidote du jour. I am a sucker for interspecies harmony pictures: