This is Naked Capitalism fundraising week. 565 donors have already invested in our efforts to shed light on the dark and seamy corners of finance. Join us and participate via our Tip Jar or another credit card portal, WePay in the right column, or read about why we’re doing this fundraiser and other ways to donate, such as by check, as well as our current goal, on our kickoff post. And read about our current target here.
The End of Chocolate Truthdig (Chuck L)
Chemical Arms Monitors Win Peace Prize New York Times
Google shifts €8.8bn royalties to Bermuda Financial Times
The rise and rise of rent-seeking MacroBusiness
EU methane warning threat to UK fracking Telegraph
US Cuts to Egyptian Military Won’t Weaken Coup Regime Real News Network
Shutdown showdown: Have the Democrats already lost? BBC (Carol B)
The year the government broke Politico
Did Paul Ryan Win The 2012 Election? DSWright, Firedoglake (Carol B)
Shutdown’s effects begin to ripple out Washington Post
US debt impasse provokes Chinese ire Financial Times
Big Brother is Watching You Watch
Can You Trust NIST? – IEEE Spectrum. Chuck L: “You know Snowden has had an effect when an establishment publication such as the IEEE Spectrum is on it.”
C.I.A. Warning on Snowden Fell Through the Cracks New York Times
The NSA and the Emancipatory Limits of Legal Liberalism CounterPunch (Carol B)
Agree With His Policies or Not, Christie Crushes This Woman to a Place She’d Rather Not Be Independent Journal Review (Chuck L)
Dynamics of Minneapolis mayoral race unprecedented on many levels MinnPost (Chuck L)
Yellen to maintain status quo as economy struggles MacroBusiness
The Yellen put Financial Times. Barely beat the FT on invoking the obvious.
Hunger, Metrics, and SOFI 13 Triple Crisis
Battle looms over mortgage guarantee threshold Financial Times. Given that the private label mortgage market 1. remains broken and 2. was never big even in its heyday ex the CDO Ponzi, if this happens it slaughters the housing market. It would have been a good idea 30 years ago, but as Yankees say, “You can’t get there from here.” Update: see comments section as to why this is more significant than the small $ reduction would lead you to believe.
Antidote du jour: