Wall Street Bank Run David Ignatius, Washington Post. Frankly, this isn’t a very good piece, but I include it because it suggests how far behind the public at large may be in understanding our financial woes.
British Columbia “the clear leader in North American climate policy” WorldChanging. BC implements a carbon tax.
FDA Clears Avastin for Breast Cancer Huffington Post. This gives a clearer explanation than the Wall Street Journal as to why this call represented a lowering of the FDA’s standards.
A ‘Moral Hazard’ for a Housing Bailout: Sorting the Victims From Those Who Volunteered Edmund Andrews, New York Times. This is worrisome. The Bank of America “have the government buy our bad mortgages” plan is treated with some seriousness. They were dumb enough to buy Countrywide, they should live with the consequences.