Into the wood: America’s first modern tall timber building rises in Minneapolis Minnesota Post (Chuck L).
One Gallon of Milk Is Now Worth About Two Gallons of Oil: Chart Bloomberg. Good thing the market is composed of rational actors. Otherwise, we might really be in trouble.
Property investors highly exposed to interest rate rises Macrobusiness
Lagarde wins backing for new IMF term FT. That was fast.
With Inequality Rising, Billionaire Steve Schwarzman Expresses Surprise That American Voters Are Unhappy International Business Times. Blackstone’s CEO….
Here come the robots: Davos bosses brace for big technology shocks Reuters. The bosses?
Seven ways technology has changed us Martin Wolf, FT. “[T]he new technologies have reinforced tendencies towards greater inequality, in at least three respects. One is the rise of ‘winner-takes-all’ markets in which a few successful people, businesses and products dominate the world economy. Another is the rise of globalisation. A last is the explosion in financial trading and other rent-extracting financial activities.”
Signals of an unsustainable future coming from Davos the unbalanced evolution of homo sapiens (ChrisSp).
Three business leaders on how capitalism and the 1% can help fight inequality Ford Foundation. Not The Onion!
In Davos, a Chance for Entrepreneurs to Network With Top Leaders NYT. “Top leaders.”
I really should have just filed all this under Guillotine Watch…
Imperial Collapse Watch
Who Runs the Pentagon? The Nation
Emails Show That Even Military Commanders Have to ‘Vent on Occasion’ at Guantanamo VICE. “We are the good guys.”
Syria – Some Preliminary Positioning For An Endgame Moon of Alabama
China wades into the Iran-Saudi swamp Pepe Escobar, RT (Re Silc).
Bernanke: Don’t Worry, China’s $28 Trillion Debt is an “Internal Problem” Global Economic Analysis (E Mayer).
Chinese officials discuss bitcoin and their own digital currency Sidney Morning Herald
China’s dream of rail link to S-E Asia coming true Straits Times
Wall Street isn’t worried about Hillary Clinton’s plan CNN (IG). “‘We continue to believe Clinton would be one of the better candidates for financial firms,’ wrote Jaret Seiberg of Guggenheim Partners in a note to clients analyzing her plan.” From October; still true.
Donald Trump Hits Ted Cruz, Says ‘Goldman Sachs Owns Him’ Bloomberg (Re Silc).
Sanders prepares to challenge Clinton on Super Tuesday and beyond WaPo. So Clinton realizes she can’t knock out Sanders in the early rounds. Hence, Clinton flails, tries random combinations.
Clinton campaign accuses Obama appointee of trying to smear Clinton McClatchy. So Obama’s untouchable, except when Clinton does it? More flailing.
Poll: David Jolly and Alan Grayson lead their primaries Tampa Bay Times. With 45% undecided, however.
Florida’s Presidential-Politics Bubble Looks Ready to Burst New York Magazine
Ted Cruz is not eligible to run for president: A Harvard Law professor close-reads the Constitution Salon. Not Tribe, this time.
Oregon governor calls on feds to act against armed group AP. Of course, if #BlackLivesMatter occupied a lemonade stand, the DHS Fusion Center switchboard would light up like a Christmas tree, and SWAT teams and armored vehicles would be on the scene in a heartbeat. #JustSaying.
Where has this Barack Obama been? If Obama had governed like this in 2009, he’d be a transformational, historic president Rick Perlstein, Salon. Opportunity utterly squandered. I mean, who could have predicted that the party that shut down the government and impeached a sitting President over a ******* wouldn’t accept the proffered right hand of “bipartisan fellowship”? Either Obama is a fool, or he wasn’t acting in good faith (as Perlstein assumes he was). And Obama’s not a fool.
How government officials failed the people of Flint, Mich. Editorial Board, WaPo. “What started as an attempt to save money….”
Naked Self-Interest is a Recipe for Social Dissolution (a response to Branko Milanovic) A Blog about the Evolution of Civilizations
Race Without Class: the “Bougie” Sensibility of Ta-Nehisi Coates Counterpunch (WAB)
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