I want to thank readers for all the support and contributions and ideas you provided in response to my query yesterday. I’m still working through them, and I owe some of you replies, which may take a few days (I was traveling yesterday, some meetings today, and a full day conference Thursday, so this is a rough week).
Spa treatment leaves man with eel in his… urethra Daily Edge. Needless to say, hat tip Richard Smith.
The ECB’s ‘QE Lite’ and New Downgrades of Euro Area Sovereigns and Banks Acting Man (hat tip reader furzy mouse)
Call for News Corp vote against Murdochs Financial Times (hat tip Buzz Potamkin)
Does Locking Young Offenders up Longer, Make us Safer? Real News Network
Secret panel can put Americans on “kill list’ Reuters (hat tip reader furzy mouse)
Freedom Plaza Is Now Ours David Swanson
Downtown protesters march against groups ‘that wrecked the economy’ Chicago Sun Times (hat tip Joe Costello)
Occupy Wall Street’s Misconconceptions According to Obama’s Job Czar freeman, FireDogLake. This would be funny if it weren’t so appalling. It reminds me of the history book my mother showed me that she had to use when teaching in the South Carolina schools in the 1950s. It was a favorite show and tell item of mine when I was in elementary school in north the 1960s. Honest to God, it had a page where it discussed how blacks and whites got on fine (it actually used the word “darkies” at points) until the Civil War and its aftermath ruined their “fellow feeling”. I’m sure that’s accurate from the whites’ point of view.
Huge Employment Chart Roundup Barry Ritholtz (hat tip reader Mark P)
Let’s #Occupy to Block the Colombia Trade Deal Daily Kos. I’m not sure I’m keen about this (not about opposing the trade deal, but having OWS flex its muscle now. Building sound and scalable processes and participation seem much more important now, even if playing the best long term game means missing some short-term opportunities.
NYPD costs rise as Wall Street protests continue Wall Street Journal
This Time, It Really Is Different Joe Nocera, New York Times. The problem with this “The Way Forward” document is it relies pretty much entirely on infrastructure for economic stimulus. The lead times on an individual infrastructure project are long (concept development and assessment, design, bidding, contracting) and if you are talking some kind of mega program, you probably have yet another assessment layer (of various concepts relative to each other).
On the Leaked Volcker Rule Economics of Contempt (hat tip Richard Smith)
Beau Bides on Chris Hayes MSNBC (hat tip April Charney). Biden starts at 11:56 and given his view of the mortgage mess.
Antidote du jour: