Why is comedy more painful than tragedy? Crooked Timber
Mattel Pulls Sexist Barbie Book “I Can Be A Computer Engineer” Off Amazon TechCrunch (furzy mouse)
Google break-up plan emerges from EU Financial Times. Too late. Google has crapified search beyond all recognition. They’ve gotten rid of date range searches on its main search page (so you basically can’t find anything old unless you can specify very tightly what you are looking for) and even on the news search page, which supposedly offers it, it doesn’t work (I tried searching last night for articles before 1/1/2011 and got 2014 results instead).
China blinks as economic downturn deepens Ambrose Evans-Pritchard, Telegraph
Germany’s Four Neins Project Syndicate
BoE probes money auction rigging fears Financial Times
West Mulls New Concessions in Iran Nuclear Talks Wall Street Journal
Is DoD illegally protecting Israel’s “clandestine nuclear weapons program?” Sic Semper Tyrannis (Chuck L)
Big Brother is Watching You Watch
Amnesty backs Detekt tool to scan for state spyware on computers Guardian (furzy mouse)
The Question of Edward Snowden New York Review of Books
Turkey Spared — But Obama’s Compassion For Humans Comes Up Short Huffington Post
GOP Columnist: The VERY Bad News FOR THE GOP in the GOP’s Midterm Victory Daily Kos. I offer this with a fistful of salt.
Washington state man convicted of molestation freed after accuser recants Reuters. EM: “So basically this poor slob was convicted on nothing more than the word of an 11-year-old.”
Bank of America Granted Penalty Relief in SEC Mortgage Case Bloomberg (Adrien). Provisional 30 month waiver on the part BofA cared about.
Executive Actions on Immigration USCIS (1 SK). I will not go into details, but I don’t see how this works in practice. Consistent with our quick reaction yesterday, which is that hardly anyone can prove they satisfy the five year requirement, or the rules get bent a lot.
Obama Details Immigration Executive Actions, GOP Considers Lawsuit DSWright, Firedoglake. Procedural tricks are over my pay grade but defunding implementation sounds as if it could indeed stymie the initiative.
Rent-Stabilized Leases Shielded in Bankruptcy New York Times.
$590M LBO Settlement Filed In Error, Judge Says Law360. May be just a clerical issue but seems peculiar.
Federal Reserve Set to Propose Stricter Rules for Banks in Commodities Markets New York Times. Only after Carl Levin and even John McCain chew them out.
It’s Up To Congress How to Fill My Job, New York Fed Chief Tells Senator WSJ Economics. This would be an important and positive governance change. The NY Fed is virtually self-governed. Neither the Board of Governors nor the advisory board does much real oversight. More public accountability would be a step in the right direction.
Antidote du jour (Lambert, from @onemorepost). A Himalayan marmot: