Overrated: Authors, critics, and editors on “great books” that aren’t all that great Slate (hat tip Carol B)
Marriage for ‘Sesame Street’ pals Bert and Ernie? USA Today (hat tip Buzz Potamkin)
Falcon hypersonic vehicle test flight fails Los Angeles Times (hat tip reader Paul T). Your tax dollars at work.
Phone hacking: 61-year-old man arrested Guardian (hat tip Buzz Potamkin)
Caring costs – but so do riots Independent (hat tip reader PQS)
Panic on the streets of London Penny Red
Leader: It is too simplistic to blame the coalition’s cuts for these riots New Statesman (hat tip reader May S)
Widespread policy failures have bred a feral British underclass Sydney Morning Herald (hat tip reader May S)
European quartet bans short selling Financial Times. This didn’t help during the crisis.
Saving too big to fail French banks would cost AAA rating Credit Writedowns
Enthusiasm for Obama Drops Significantly in Latest Washington Post Poll Jon Walker, FireDogLake
Obama’s conservative pandering Aljazeera (hat tip reader Crazy Horse)
Completing the Theft from the Social Security Trust Fund masaccio, FireDogLake (hat tip reader Carol B)
Republicans’ No-Tax Stand Unsupported by History or Facts Bloomberg (hat tip okie farmer). From earlier this week, but nicely done.
Krugman #FAIL: Wrong on MMT, again Lambert Strether
MA-Sen: Elizabeth Warren Likely to Run for Senate Dave Dayen, FireDogLake :-(
SEC makes S&P downgrade inquiries Financial Times. The SEC (IMHO weirdly) is looking at insider trading, rather than what would seem to be the slam dunk of selective disclosure. Is this a pro forma effort to satisfy Congresscritters?
How to make monkeys out of rating agencies Peter Tasker, Financial Times
Treasury Saves $647 Million in First Bond Sales After S&P Cut Bloomberg (hat tip Buzz Potamkin)
Virginia’s Cuccinelli sues Bank of New York Mellon, alleging pension fraud Washington Post (hat tip reader Bill)
Global business confidence slumps Financial Times
BofA faces struggle to sell CCB stake Financial Times
Extreme TV show about coupons tied to thefts of newspapers McClatchy (hat tip reader Buzz Potamkin)
Income inequality is bad for rich people too Yves Smith, Salon
Three Cheers for Decline Foreign Policy (hat tip reader Carol B)
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