LED bulbs hit 100 watts as federal ban looms Associated Press (hat tip reader Ken). Great. I have grandfathered wiring in my building which fries light bulbs in record time.
Shale gas environmental concerns Jim Hamilton, Econbrowser (hat tip reader Thomas R). I saw a Canadian academic speak on US and Canadian energy issues last weekend. He said the technology exists to extract shale gas without damage to aquifers, it’s been done in parts of Canada with scarce water supplies, meaning not damaging water resources was a very important development priority. So count on the US to allow operators to focus on profits rather than environment preservation.
The Secret Sharer New Yorker (hat tip reader Thomas R)
Kentucky v. King and Police-Created Exigent Circumstances The Volkh Conspiracy. On a Supreme Court decision that whittles back Fourth Amendment protection a tad further.
The European crisis now threatens the EU itself Jack Barnes (hat tip reader Crocodile Chuck)
China’s central bank is new key player George Magnus Financial Times
HuffPo: HUD IG Finds Servicing Fraud Adam Levitin, Credit Slips
Ally Financial + ING Bank? Richard Alford on Lessons Forgotten at the Greenspan/Bernanke Fed Institutional Risk Analyst
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