Presidential Commission Seeks Volunteers to Store U.S. Nuclear Waste Scientific American (hat tip reader propertius)
Twitter emerges on Washington front line Financial Times
The Downfall of a Press Baron Adam Curtis (hat tip Philip Pilkington)
Veteran Lawmakers Doubt Aug. 2 Deadline Is Possible New York Times. Why is the Times still invoking August 2? It is now widely known the real drop dead date is August 10.
Regulators willing to go easy on banks Financial Times
Dodd-Frank Update Jon Stewart (hat tip reader helllloooooo)
California Counties Reel From Tax Hit Wall Street Journal (hat tip reader May S)
America and the terrible, horrible, no good, very bad GDP data One Salient Oversight
Merck looks to cut up to 13,000 jobs Financial Times
The top-end-of-town have captured the growth Bill Mitchell (hat tip Philip Pilkington)
The Madoff Trustee’s Bad Day Joe Nocera, New York Times
Rating move shocks CMBS investors Financial Times
In Steinbeck’s footsteps: America’s middle-class underclass BBC (hat tip reader Neil Wilson)
It’s really annoying that they resort to the label “mentally ill”. Even though Churchill’s dark moods were intense, it isn’t as if they didn’t have a foundation in reality. He was a has-been in his middle age and early 60s after having been a star in his youth and always fending off creditors (he supported himself through writing). This piece reflects the US having defined the threshold for “mental illness” down so that people who respond emotionally of the vicissitudes of life (and they are aplenty) are pathologized when someone would have to be pretty disturbed NOT to be affected. Notice the emphasis on how annoying Churchill was. The subtext, that of an ideal of bland normalcy, is to keep people from impinging on the socially acceptable neuroses of the general population.
Opinion: GOP’s ‘alternate universe’ Matt Stoller, Politico
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