Facing Up to Climate Reality Project Syndicate (David L)
Apple Scales Back Orders for Its iPhones Wall Street Journal
Apple is starting to smell a bit MacroBusiness
By the end of my first year as a doctor, I was ready to kill myself Guardian (furzy)
Fears mount over rise of sovereign-backed corporate debt Financial Times. Fannie/Freddie redux.
The Chinese devaluation threat – again Financial Times
China’s Stock-Market Interventions Postpone Grim Reality Wall Street Journal
Meet the Two Brothers Making Millions Off the Refugee Crisis in Scandinavia Bloomberg (resilc)
EU Seeks to Avoid Brexit at All Costs Spiegel (resilc)
Democracy in Europe requires Eurozone breakup Bill Mitchell
7 stories you should read to really understand the Islamic State Washington Post (furzy mouse)
Saudi-Iran Feud Poses Threat to Iraq’s Effort to Combat ISIS New York Times
Saudi Recklessness Exposes Our Own American Conservative (resilc)
Does the unrest in Saudi Arabia mean their government is tottering? Fabius Maximus (resilc)
Sheikh Nimr al-Nimr and the Forgotten Shiites of Saudi Arabia Atlantic (resilc)
US Corporate Media Amplifies Saudi PR Machine Real News Network (furzy mouse)
Big Brother is Watching You Watch
The big data of bad driving, and how insurers plan to track your every turn Washington Post. Matt Stoller warned that this was in the works years ago, at NC.
One Reason Hillary Clinton Might Underperform In The Early States FiveThirtyEight (resilc). As if such a development might not change the trajectory? Sanders raised almost as much as Clinton did gross last quarter, which given his vastly lower fundraising costs, means he very well might have brought in more on a net basis.
Bernie Sanders Attacks Hillary Clinton Over Regulating Wall Street New York Times (furzy)
Bernie Sanders says he can break up the banks in a year. Is that even possible? Quartz. Resilc: “If you are not a lightweight you can do it. Play bad ass with those fed shits. Look at every taxi voucher they did and nail their asses.” I think the issue is a little different: if you impose significant penalties (most important, on C-level pay) on banks that don’t show adequate progress, they’ll operate in a more Balkanized manner even if they have not yet executed the separation, which will end the cross subsidies and reduce systemic risk.
Wall Street Reform and Financial Policy Bernie Sanders, YouTube. You need to see this for the warm-up speech. Sanders looks to be gaining support among black local leaders, and as far as I can tell, the mainstream media has chosen not to notice.
Even Insured Can Face Crushing Medical Debt, Study Finds New York Times
2016 Obamacare Outlook Health Care Policy and Marketplace Review (resilc). Important.
US State Media Merges With Right Wing Interpreter Mag ShadowProof (furzy)
\Why the U.S. Justice Department Is Suing Volkswagen Atlantic (furzy). Readers can no doubt infer the real reason…
El Niño prompts an outreach effort to get LA’s homeless into shelters Los Angeles Times
Angry White Men
Tearful Obama Outlines Steps to Curb Gun Deaths New York Times. Don’t get me started….
‘It gets me mad’ – Obama acts alone on gun control Associated Press
Pfizer and America’s Corporate Exodus New Yorker (furzy)
Dick Smith accused of pumping up gift voucher sales just prior to entering receivership Sydney Morning Herald (EM)
Foxes make good economic forecasts but hedgehogs can be helpful Financial Times (Scott)
This Is Not Democracy. This Is Oligarchy. Bernie Sanders
Wall Street Taking Over Nonprofit Sector Shadowproof (furzy mouse)
Antidote du jour. Pamela A: “The pigs are from a Toronto public farm.” I never knew there was such a thing as a public farm.