Obama source predicts Summers will be named Fed chief soon CNBC. So that’s what they consider a successful trial balloon, ay? This is just a power play, proof to the funders that nobody is beholden to those dreaded liberals.
Under Obama, Little Progress on High-Level Jobs for Women NYT. See above. Fitting that the Summers-to-Fed confirmation leaks out on Women’s Equality Day.
Transcript of Kerry Remarks: Chemical Attacks a “Moral Obscenity” WSJ. Best read aloud with war drums played in 4/4 time.
Banks, economists and politicians: just follow the money Simon Wren Lewis. “The single most effective way of avoiding another financial crisis is to reduce the political influence of the banking sector.”
We’re all Still Hostages to the Big Banks Anat Admati, NYT. Missed this one yesterday.
Rethinking Investment Risk MIT News
CFPB Announces New Additions to Leadership Team Look at #3. Maybe it’s hard to recruit new talent, but a consumer protection agency hiring someone directly from JPMorgan Chase is like the FBI holding a career fair for the mob.
Pinching Pensions to Keep Wall Street Fat and Happy Dean Baker, Truthout
How to Invent a Misleading Statistic Media Matters
LPS: Mortgage Delinquency Rate Decreases in July Calculated Risk. Properties 90 days-plus delinquent actually went up.
We Are All Connected Dave Johnson
16 things Buzzfeed doesn’t know about the ocean Science Sushi
Peak Water in the American West Peter Gleick
MN Judge Refuses To Throw Out Case Against Citizen Recording Police, EMS Techdirt (h/t clindeberg)
Antidote du jour is my Boston terrier, Stella, who celebrated her 11th birthday on National Dog Day on Monday.