How Capt. Kirk Changed the World PhysOrg and while we are at it, Kirk’s ad boldly sends him to the top of the rich list Times Online
New Alarm Bells About Chemicals and Cancer Nicholas Kristof, New York Times. Wow, the granola-heads no longer look kooky.
BP is drilling itself into deep water John Gapper, Financial Times
Slick Operator: The BP I’ve Known Too Well Greg Palast, Truthout. This is important.
Clearing Currencies Streetwise Professor
Wen Conflicted as Yuan Rise Moving Teddy-Bear Jobs Bloomberg
Wall Street Profits, Subsidies and Lobbyists Truthout (hat tip reader John D)
“As it turns out, hair adheres to oil pretty efficiently, which is why your hair gets greasy. Now salons are donating their discarded locks to help with the Gulf Coast cleanup.” Tim Solanic. No joke, you can donate your hair from you regular haircut. Dog groomers are an even better sour. The site has a link to a signup.
Expect Nothing Simon Johnson
The Market Ate My (Bear Stearns) Homework Dude…..Where’s the Dharma?
Was It Really a Bubble? Economix Blog (hat tip reader Swedish Lex). Do not read this if you have eaten in the last 15 minutes. It’s the sort of garbage-in, garbage out analysis that gives economists a bad name. It claims that the housing market isn’t in a bubble because prices have not dropped to a level the writer deems to be non-bubbly. Ahem, he has conveniently airbrushed out that the Fed, Frannie and Freddie are laboring mightily to prop housing prices up, and no less than mortgage maven Lew Ranieri anticipates four more years of price declines.
“On the brink of the abyss” Eurointelligence
The message from Berlin that Europe failed to grasp Adam Tooze, Financial Times
Antidote du jour. I am told no mammals were hurt in the making of this picture: