Freakish dust storm causes ‘red wave’ on Australia’s west coast NY Daily News (more).
Treasury: We won’t mint a platinum coin to sidestep the debt ceiling Ezra Klein, WaPo (cf.).
COINTASTROPHE: White House Rules Out The Trillion Dollar Coin Option To Break The Debt Ceiling Joe Weisenthal, Business Insider
On The Disruptiveness of the Platinum Coin Tim Duy’s Fed Watch
White House responds to secession petitions, calls for unity instead The Hill. And a pony. I’m gonna name my pony “Legitimacy Crisis.”
Buffett Says Banks Free of Excess Pose No U.S. Threat Bloomberg. Confidence über-fairy talks his book?
Who are the criminals here? John Quiggin
Paying the Price, but Often Deducting It Gretchen Morgenson, NY Times. Guess who really pays for “settlements” with the banksters?
Usury Laws Are Dead. Long Live the New Usury Law. The CFPB’s Ability to Repay Mortgage Rule Credit Slips. No behavioral economics in CFPB qualified mortgage rulemaking.
Is Shinzo Abe the Great Keynesian Hope? Noahpinion
Assessing the job polarization explanation of growing wage inequality Economic Policy Institute
Why the Unemployment Rate Is So High Laura D’Andrea Tyson, NY Times
Water, energy and the economy Angry Bear
Iowa corn yield, production fell 20% last year DesMoines Register
Jimmy Savile: A report that reveals 54 years of abuse by the man who groomed the nation Independent. Sandusky in Pop Warner League by comparison.
Proud to be a Garfield Bulldog Rethinking Schools (DCB)
Handwriting: a joined-up case Gillian Tett, FT. Opposable thumbs? For texting. Why else?
Lean into the pain Aaron Swartz
Antidote du jour: