Depression ‘speeds ageing process’ BBC. See? Given the consequences, be pissed off instead!
What’s the difference between a comedian and an economist? Irish Times (Bill Black)
All Can Be Lost: The Risk of Putting Our Knowledge in the Hands of Machines Atlantic (furzy mouse)
IEA warns of future oil supply crunch Financial Times
New Storm, Quake Menace Philippines After Typhoon Haiyan Wall Street Journal
Chinese new lending tanks Macrobusiness
Fukushima animation shows how difficult clean-up is going to be Gaius Publius, AmericBlog. While this post does give an overview of how tough the clean-up might be if fuel rods are damaged, the fact that they were underwater at the time of the earthquake would have reduced the effect and may have spared them (as in the water would absorb and diffuse the shock). Richard Smith points to two BBC reports (here and here) which are not as alarmed. Note the first BBC link also suggests the real worry is more likely the other buildings….
The Euro Tests a Continent’s Resolve for More Unity New York Times
A short story of how a country can default in a few days failed evolution (no more banksters). Key paragraph:
…as long as Greece was playing the game of Goldman Sachs, giving economic benefits inside the Greek territory, there was no problem with lending. When the new government stopped giving such benefits, probably because no one knew where would lead in the future, international banksters-speculators mobilized every mean that they had (rating agencies, media etc.), in order to show who is the boss and that there is no way for the country to avoid default, except of playing with their rules.
Why Iran’s Concessions Won’t Lead to a Nuclear Agreement CounterPunch (Carol B)
Big Brother is Watching You Watch:
Kerry: leaders understand NSA leaks Guardian
Spying Scandal Alters U.S. Ties and Raises Talk of Policy Shift New York Times
In shift, GOP wants ObamaCare fix The Hill
The POLITICAL INSIDERS Discuss the Panic Inside the Democratic Party over ObamaCare Fox Part 1 and Part 2. Includes Pat Caddell, who was Carter’s pollster, so this isn’t quite as knee jerk as normal Fox programming.
Are Deaths Due to Lack of Health Insurance Seriously Underestimated? Joe Firestone, Corrente
About 40,000 have signed up for plans on HealthCare.gov Washington Post. And notice the definition of “signed up”
Mistakes were made Daily Kos (furzy mouse)
This is the real ‘rate shock’: My parents’ amazing Obamacare story Daily Kos (furzy mouse)
Churches offering beer to reach people NPR (Lawrence R)
Smart Wheel By FlyKly Could Change Everything About Commuting Huffington Post. Uh, no. Lambert gave up his bike because he can’t risk breaking a wrist (I suggested a recumbent bike after seeing one zoom around Brunswick, Maine, but I gather it’s too eccentric for where he lives).
Colleges May Penalize Students Over Preference on Financial Aid Applications DailyFinance (Carol B)
Low inflation creating a QE trap Walter Kurtz
Investors must starve the hedge funds Financial Times
Target — The Emperor Has No Clothes! Counterpunch (Carol B)
Left Third Parties in 2013 CounterPunch (Carol B)
The Revolutionaries in Our Midst Chris Hedges TruthDig (furzy mouse)
Antidote du jour (Mark H). I never saw such a handsome badger. More amazing photos from Finland here.