Victory for Victor Meldrew, as pessimistic people ‘live longer’ Telegraph. See? We reality-based types are gonna outlast the rose colored glasses types! A favorite topic of mine, see: The Dark Side of Optimism.
Genomes and language provide clues on the origin of Homer’s classic Inside Science (Lambert)
Step Inside the Real World of Compulsive Hoarders Scientific American. Lambert: “I don’t know why society doesn’t frame banksters as akin to hoarders except with money instead of kleenex boxes or whatever.” I cannot relate. I like throwing things out and file infrequently because most stuff becomes irrelevant after 3-4 months.
One Nation, Under Monsanto Counterpunch (May S)
Sugar is behind global explosion in type 2 diabetes, study finds Guardian. Duh! Time to tax, or at least end ridiculous subsidies.
Dairy Industry Wants to Sneak Aspartame into Milk Care2 (furzy mouse)
How female employees are less prone to distraction and more likely to get a job done Daily Mail (May S). An effort to establish positive stereotypes about women. But is it nature or nurture? As in men are more powerful, and part of being powerful is loafing.
College football: Recruiting? Brainwashing is more like it Associated Press (Chuck L)
China blames US for cyber-attacks Guardian
Educating Indonesia Aljazeera (May S)
EU agrees to cap bankers’ bonuses Financial Times. This is badly designed. Will just lead to higher salaries. But will make it harder to pay trader lavishly, so the side effects could be interesting.
No Food, No Phone, All Heat, Some Light: Dispatches from the Pari Passu Hearing Anna Gelpern, Credit Slips. On the Argentine bond row.
Former Insiders Criticize Iran Policy as U.S. Hegemony Counterpunch (May S)
Peterson’s Puppet Populists Mary Bottari
Workers fear sequester will cost jobs Guardian. Hhm…skepticism about the polls.
U.S. Antitrust Division in Phila. lost many veteran lawyers Philly (Paul Tioxon). Sequester-socking.
Remember: Sequestration was Obama’s Idea Glen Ford (Carol B)
Obama’s Sequester Replacement Plan Would Be Deeply Unpopular Jon Walker, Firedoglake (Carol B)
Woodward claims White House threatened him The Hill. A must read. However, Blodget disagrees (oh, and a threat was not a threat? Please. Woodward may be playing drama queen but I don’t think he’s that off base. A White House official is not at all the same as PR firm whores. Agents have plausible deniability. A staffer is inside the tent). Separately, I don’t know whether to be flattered or insulted. When public officials (not the WH, let me assure you, smaller fry) have seen fit to threaten me, they have lacked the guts to do so directly. They tried to get an intermediary to carry the message, and the intermediary refused.
Progressive Caucus Folds Counterpunch. This is important. Grayson and Takano circulated a letter saying that the signers would vote against Social Security and Medicare cuts. All those brave talkers who said they opposed cuts were no shows. That’s the Vichy Left in action.
Scalia: Voting Rights Act Is ‘Perpetuation Of Racial Entitlement’ ThinkProgress. Someone needs to put a serious hex on him for this, of the “all the bad stuff you did comes back on you tenfold in this lifetime”. Problem is it is gonna take him several lifetimes to work all his bad Supreme Court karma.
Senate Confirms Lew at Treasury Linda Beale
Stéphane Hessel, writer and inspiration behind Occupy movement, dies at 95 Guardian (Chuck L)
What Bernanke Didn’t Say About Housing Caroline Baum, Bloomberg
Why It’s Smart to Be Reckless on Wall Street Scientific American (Richard Smith)
Economic crisis ‘balkanized’ global finance Washington Post. Harry Shearer writes: “Wouldn’t this all be good news?” I need to read the entire report, but I can tell you the short version is: McKinsey is unhappy that its bank looter clients aren’t making as much money and therefore can’t spend as much on McKinsey consultants. Claudio Borio and Piti Disyatat of the IMF already debunked the premise of the McKinsey paper, that cross border finance flows are in any meaningful way related to trade flows. Gross financial flows are 60 times trade flows. Get a grip. This cross border action has just about squat to do with the real economy.
Antidote du jour (Humane Society, via snel):