On Martha’s Vineyard, a stark look at income inequality WaPo. But– but– Obama’s vacationing there! Seriously, another lame duck moment.
Tell President Obama to not appoint Larry Summers as Federal Reserve chair Kos petition, but 93K. White House petitions here and here.
Michigan survey and a small rant Warren Mosler
Divorce, a “fantastic charade”, and offshore finance FT Alphaville. Keen corporate diagram. Couldn’t “complex corporate structures” be generated by computer? And then just sold to the rest of us for, like, a hundred bucks — or maybe in “software as a service” form?
Egypt Troops Storm Mosque as Brotherhood Closer to ‘Pariah’ Bloomberg
Saudi King Abdullah declares support for Egypt against terrorism Al Arabiya. Saudi semi-official.
Egypt committing state terrorism, al-Sisi and al-Assad are same: Turkish PM Hurriyet Daily News
Israel Seeks Increase in Annual US Aid Defense News
Big Brother Is Watching Watch
Thomas Drake On Government Overreach, Obsessive Secrecy, and Constitutional Abuses Jesse’s Café Américain
The Cost of PRISM Will Be Larger Than ITIF Projects Forrester Research. “[A]s high as $180 billion or a 25% hit to overall IT service provider revenues.”
Breaking the Rules Thousands of Times at the N.S.A. The New Yorker. “This is a structural scandal, not a mistake.”
The NSA’s Alarming Misbehavior Editorial, Bloomberg
Oracle’s cheating won’t attract Cup fans San Francisco Chronicle. C’mon. Larry Ellison. Cheating??
The More You Multitask, the Worse You Get at It Priceonomics
Merchants of Meth: How Big Pharma Keeps the Cooks in Business Mother Jones. Walter White isn’t anywhere near the C-suite class. Film at 11.
Yet More Evidence of Peak Car The Atlantic
How the March on Washington Flipped the Southern Vote Bruce Bartlett, Fiscal Times (part 1). I hate to lend Peter Peterson’s loathly organ credibility by linking to it, but this is an interesting read. Especially the last paragraph.
Vietnam and Historical Forgetting Crooked Timber
Epic launches, Politico goes deeper: Why longform is the new necessity Pando Daily. As ever, NC ahead of the curve!
Antidote du jour (furzy mouse):