A Silicon Valley School That Doesn’t Compute New York Times
The problem is not production but distribution Lambert Strether
California bullet train: The high price of speed Los Angeles Times
Most Greek bailout money has gone to pay off bondholders Washington Post (hat tip reader Externality). I thought that was the plan.
Leaked Greek bailout document: Expansionary fiscal consolidation has failed Rob Parenteau, Credit Writedowns
New euro ’empire’ plot by Brussels Telegraph. A single Treasury? This is an answer (most people think a fiscal authority is the only solution), but no way can it be implemented fast enough to make Mr. Market happy. And it does not solve the problem we’ve stressed, that of the internal imbalances. But reader Swedish Lex notes” “Love the headline! All that is missing is ‘Vader’ and ‘Black Death.'”
Woodrow Wilson and Barack Obama Jesse (hat tip Mark Ames)
‘Gruesome’ Qaddafi Video May Trigger UN Probe Bloomberg
Unable to Get Simeone Fired, NPR Drops “World of Opera” David Swanson. In case you haven’t done it yet (particularly if you like opera!) please tell NPR what a bunch of goons they are at 202-513-2300 or firstname.lastname@example.org.
Tea Partiers: The self-hating 99 per cent Aljazeera (hat tip Richard Kline)
http://twitter.com/#!/DiceyTroop (hat tip Lambert Strether). Live tweeting of the NY General Assembly, if you want to get a feel for how they work.
The FBI Announces Gangs Have Infiltrated Every Branch Of The Military Clusterstock (hat tip reader Timotheus)
Commodity traders: The trillion dollar club Reuters (hat tip reader Typing Monkey)
Antidote du jour. A Winson’s Bird of Paradise, courtesy reader James B: