The serious side of child’s play Financial Times. A $450 an hour toddler coach
Drone delivers beer not bombs at S.Africa music festival PhysOrg (Chuck L)
Is Cold Fusion Entering the Final Stages? OilPrice. Chuck L who sent this is an engineer, so I assume this is not completely crazy despite the horrible image cold fusion has.
Research shows cellphone use may not cause more car crashes PhysOrg (Chuck L). Another reason this may not be crazy is there was some research that showed reverse causality: the people who liked using cell phones a lot while driving tended to be more aggressive/reckless (rapid acceleration, deceleration, lane changes) when not using cell phones.
Is China Trapped in Deflation? Global Economic Intersection
China slowdown shows signs of abating Financial Times
Defend Europe, If You Still Dare Ambrose Evans-Pritchard, Telegraph
Greek jobless rate at record high BBC (Lambert)
Russia’s Stimulus Plan: Open the Gulag Gates New York Times. Now I am sure this is an informative story, but notice the accomplishment of a twofer drive-by shooting in the headline. First the Grey Lady tells us Russia economy sucks (join the club!). Second, it remind us Russian has gulags (ooh, human rights abuses!). In other words, Russia is a Bad Place. Now Russia indeed probably is a Bad Place, but the New York Times appears to have developed a keener interest in telling us that since Snowden has taken up temporary residence there.
Egypt Cannot Possibly Use All Of Its US-Made Tanks ‘Short Of An Alien Invasion’ Clusterstock (May S)
Big Brother is Watching You Watch:
Encrypted email service thought used by Snowden shuts down Reuters (Francois T)
Silent Circle Preemptively Shuts Down Encrypted Email Service To Prevent NSA Spying TechCrunch. Ed Harrison: “Corporates were turning away from traditional cloud providers in droves. But the NSA has made it untenable for companies like this to be U.S. based.”
Why believe anything the government says about the NSA? Gauis Publius, AmericaBlog
Edward Snowden helps France rediscover its own whistleblowers Xindex (Deontos)
Iowa state senator allegedly sought payments to back Ron Paul in 2012 Washington Post (furzy mouse)
Woes of Detroit Hurt Borrowing by Its Neighbors New York Times (May S)
Why Seniors Are Turning Against The GOP National Memo (furzy mouse)
The unemployment claims rate decline is slowing Walter Kurtz
Exclusive: U.S. steps up probe of JPMorgan over Bear mortgage bonds Reuters. As we predicted, the criminal investigation is focusing on the Bear unit, EMC.
JPMorgan Nears Settlement With SEC on London Whale Loss Bloomberg. SEC wants a confession, but it seems like a really itty bitty one will do.
Getting Big Banks Out of the Commodities Business Simon Johnson, New York Times
Regulator Steps Up Probe Into S&P Wall Street Journal. Lisa Epstein” It seems so ridiculous to post these articles.”
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