This Bizarre, Marble-Powered Instrument Is the Coolest Thing in the World Curbed. Chuck L: “Watch and listen.” Reminds me of the Strandbeests.
Kids, concussion and sport Economist. American football is done in 10 years unless the medical industry finds treatments for brain trauma.
Immune cell breakthrough in cancer fight Financial Times
Why the war on drugs is unwinnable Boing Boing (resilc). Important.
Inside the “most toxic city in America” where the earth is poisoned by lead and zinc Business Insider (resilc)
Got ransomware? What are your options? Naked Security (Glenn F)
China’s Rebalancing Is Overrated Bloomberg
China Begins to Tackle Its ‘Zombie’ Factory Problem Wall Street Journal
Japan’s monetary firepower misses mark Financial Times
Only the IMF can now save Brazil Telegraph (Ryan R). Um, that requires a liberal definition of the word “save”.
A welcome intervention from France over Brexit Financial Times, Yes, this is in the correct category.
The Price Britain Pays for Europe Bloomberg
Is Brexit a threat to foreign direct investment? Financial Times
Big Brother is Watching You Watch
Health care takes on the fight against trafficking Marketplace (guurst). You’ll see why I put this story here.
Imperial Collapse Watch
Don’t Fall for Obama’s $3 Billion Arms Buildup at Russia’s Door Defense One (resilc). “There is no Russian resurgence. Washington is playing on your Cold War fears to get you to pay for something the U.S. does not need and can’t afford.”
Clinton E-Mail Hairball
Tech specialist who helped Hillary Clinton set up her private email server flips – and is now willing to cooperate with the FBI after pleading the Fifth Amendment Daily Mail. Readers curiously have not reacted much to this. Folks, getting immunity from prosecution means 1) the person almost certainly did seriously questionable stuff and 2) the prosecutors are willing to let them off the hook to get a higher value target.
Clinton Email Probe Fraught With Political Consequences Associates Press
Judge Accepts New Timeline for Clinton Email Release Courthouse News Service
Mitt Romney Remarks on Republican Presidential Race CSpan (Kevin C)
Winners and losers from the 11th Republican presidential debate Washington Post. Trump and Clinton have the same problem: You like them less the more you know about them.
Trump Has a Point About American Decline Bloomberg
Like Marco Rubio, Thomas Jefferson Also Cracked Dick Jokes About His Opponents Charles Pierce, Esquire (resilc)
Debbie Wasserman Schultz Must Step Down as DNC Chair – Hillary Clinton Should Insist on It Charles Pierce, Esquire (resilc)
Big Money Turned Upside Down American Prospect (resilc). Notice the refusal to mention Sanders and his small donor campaign.
Prospect Debate: The Cost of Sanders’s Single-Payer Health Plan American Prospect (Kevin C)
Why the Critics of Bernienomics Are Wrong Robert Reich
Anadarko Slashes 80% Of Onshore Rigs, To Lay Off 95% Of Contractors OilPrice (Glenn F)
Hedge funds have been getting crushed, and it is hurting everyone else in the market Business Insider (David L)
Making the Journey From Menace to Neighbor, All on One Brooklyn Block New York Times (resilic). Telling.
5 Ways to Minimize Inequality Amongst Americans Huffington Post
Costco to Raise Its Minimum Wage Wall Street Journal
The Dynamics of Retreat Jacobin (Chuck L). A must read, and arguably a case study of the thesis outlined by Richard Kline in Progressively Losing. However, the depiction of the 1970s is not right. If you look at Fed Flow of Funds data, corporate profits after the 1974-1975 recession abated were strong. But the overall level of growth was mediocre, and American companies were losing ground to German and Japanese competitors. The issue wasn’t corporate profits per se, but that executives resented how much was going to employee benefits and social welfare programs, and they were convinced that workers were only going to keep asking for more unless they were disciplined.
Antidote du jour. More raccoon exploits: