Let’s Get Real About Gold: It’s a Pet Rock Wall Street Journal. Or trading sardines.
Google To Provide Free Internet For Public Housing Residents To All Fiber Markets Slashdot (furzy mouse). Beware of Google bearing gifts….
Craving machine companionship? Japan’s robot hotel is for you ITworld (Chuck L)
How the West Overcounts Its Water Supplies New York Times. We’ve been warning for some time that potable water is the natural resource that is due to be in scarce supply first….
Japan Scraps Olympic Stadium Plan Over $2 Billion Price Tag New York Times (EM)
AIIB membership has costs and privileges Bankgkok Post (furzy mouse)
Why Argentina Consistently, and Unapologetically, Refuses to Pay Its Debts Bloomberg (furzy mouse)
German lawmakers back Greek bailout despite rebellion; Tsipras sacks dissenters Reuters (furzy mouse)
Alexis Tsipras Clinging to Power as Syriza Rebellion Gathers Pace Wall Street Journal (Sid S)
The Real Plan B: The New Greek Marathon Sam Gindin and Leo Panitch, The Bullet (Sid S)
Here’s What Membership in the Euro Did for Greece Bloomberg (reslic)
Greece, Europe, and the United States James Galbraith, Harper’s
ISIS Has Fired Chemical Mortar Shells, Evidence Indicates New York Times
Ignatius’ Bad Advice on Iran American Conservative. Resilc: “If there is a government in the region that needs to be presented with a “sharp choice” regarding its destabilizing foreign policy, it is the one based in Riyadh. It isn’t Iran that continues trying to bomb Yemen into submission while starving its civilian population. If the U.S. is concerned about destabilizing behavior, it ought to look to its own clients first.”
Big Brother is Watching You Watch
A drone firing a gun: so this is what all the regulation is about The Stack (furzy mouse)
Elizabeth Warren Challenges Hillary Clinton to End the Revolving Door New Republic (resilc)
As Trump Surges in the Polls, Hispanic Voters Flock to Hillary Clinton Yahoo (furzy mouse). Note this poll was Trump v. Clinton. No polling here of Clinton v. Sanders. Since the poll was by Fox, it looks like part of Republican hair-tearing over Trump’s ascendency.
Strong dollar, sluggish growth weighs against Fed raising interest rates Yahoo (furzy mouse)
Federal Employees: Can’t Hire the Best, Can’t Fire the Worst Fiscal Times (furzy mouse). If you read the actual report, I doubt it is any different in the private sector, save at a few high-paying employers, but they can churn workers (as in fire ones they are not happy with, only to replace them with ones they are only somewhat less happy with).
No Growth, No profit, No problem Wolf Richter
Workers Rising: Homejoy’s Collapse Is the Latest Crack In the Sharing Economy Motherboard (resilc)
You’re Richer Than You Think. Really. Fiscal Times
It’s not just Fox News: How liberal apologists torpedoed change, helped make the Democrats safe for Wall Street Salon (Mark H). Circulate widely. Finally (later than we’d like, but later is better than never) Frank calls out the Vichy Left.
Stowaways and Crimes Aboard a Scofflaw Ship New York Times. Today’s must read.
Antidote du jour (Guardian, courtesy resllc):