Starving bald eagles so weak they fall from sky Victoria Times Colonist (hat tip reader furzy mouse) :-(
Thoughtcrime? The ethics of neuroscience and criminality ArsTechica (hat tip reader Chris M)
Electric Vehicles: Myths vs. Reality Sierra Club (hat tip reader furzy mouse)
Digital Mammography Saps Medicare Dollars Maggie Mahar (hat tip Francois T). A success story for GE’s lobbying efforts.
China’s airport overkill BeyondBrics (hat tip reader Michael Q)
Annals of white-collar crime, James Altucher edition Felix Salmon
Frank Rich Joins New York Magazine New York. And Joe Nocera is taking his slot, apparently.
Why Obama is a pro-business president William Daley, Financial Times
Plan Would Erase All-Business Town New York Times
Watchdog on Charles Koch Op-ed: The Hypocrisy is Palpable Public Campaign Action Fund
New York Times Punk’d By Anti-Union Plant (Updated) Keith Olbermann
A Union Education Wall Street Journal. Reader Lance N noted:
The first comment is wickedly funny.
So, if a public union has monopoly power, doesn’t the state havemonopsony power?
Also, if you have a problem with monopoly power, isn’t antitrust the right legal tool? Instead of randomly abrogating contracts
HSBC Halts U.S. Foreclosures After Joint Examination by Fed, OCC Bloomberg (hat tip reader Buzz Potamkin)
How this $83 fountain pen helped save a family home from foreclosure FloridaForeclosureFruad (hat tip Lisa Epstein)
Credit Card Data Tells Mixed Story New York Times
Ex-Goldman director in insider case Financial Times. On the one hand, if the charges are accurate, this was incredibly stupid. And McKinsey was too tolerant of improprieties among senior people when I was there (I saw stuff papered over that would have been firing offenses at Goldman). The flip side is why Gupta and not a whole bunch other people too? Why not Steve Friedman, ex Goldman co-chariman who as NY Fed director bought Goldman shares based on inside information? This looks like a ritual sacrifice to preserve the fiction that the cops are on the beat.
Ex-McKinsey ‘High Priest’ Gupta Linked to Rajaratnam by SEC Case Bloomberg. Money quote:
A former managing director at Goldman Sachs described McKinsey yesterday as the psychiatrist-in-chief for corporate America. .”If Gupta is guilty, the person said, pointing out that the ”if” is necessary because the charges are so extraordinary, it means you can trust no one.”
Um, it’s taken people in high places this long to figure that out?
King says living standards may never recover from the crisis Independent (hat tip Buzz Potamkin)
A Microcosm of the Market Manipulation in the US and the Repeated Failure of Ideology Jesse (hat tip Francois T). Today’s must read.
Antidote du jour: