Despite woes, Wells Fargo gives CEO a $4.6 million raise Mercury-News. Attaboy.
National Security Agencies Have Spoken: Private Equity Ownership Imperils America Harold Meyerson, The American Prospect
Even A Big Four Audit Can’t Nail Down Kingdom Holding Numbers Francine McKenna, Forbes. Still germane.
U.S. troops involved in at least 10 undisclosed firefights in West Africa: report MarketWatch. Africa seems like a promising theatre for conflict investment, and probably safer than Ukraine or the South China Sea.
Is Beijing planning to take Taiwan back … by force? South China Morning Post
China’s Credit Crunch The Diplomat
Arms trade growing rapidly in Asia and won’t stop anytime soon Asian Correspondent
Korea Aims to Avert a Youth Unemployment ‘Catastrophe’ Bloomberg. Yeah, but are young Koreans out hopping trains?
Night of the demons Jakarta Post
New Cold War
Are ‘Novichok’ Poisons Real? – May’s Claims Fall Apart Moon of Alabama
The Real Collusion Story National Review. A long read, worth a cup of coffee, amazingly enough.
Haspel Nominated to Lead CIA, Pompeo to Replace Tillerson The Cipher Brief
Taibbi: Trump’s CIA Pick Took Part in Silencing Torture Suspect Matt Taibbi, Rolling Stone. My head is spinning on this one. Obama admits “we tortured some folks” but prefers to “look forward as opposed to looking backwards.” Obama appointed Bush torture advocate John Brennan as a key advisor. Then Trump appoints a another torturer — one very well-respected by the “intelligence community” (see link above) — and everybody loses their minds. Wouldn’t it have been simpler to try all the torturers as war criminals back when we had the chance? Some kind soul should survey all the MILOs running on the Democrat ticket, and ask them what they think about this. Just to clarify where we are.
Don’t Bork Gina Haspel Rich Lowry, Politico. “[T]he interrogation program [sic] wasn’t a rogue operation. It was approved at the highest level of the U.S. government.” Say it, Rich. Say it with me. “I was….” “I was only….” “I was only following….”
Ex-CIA chief Panetta backs Haspel nomination CNN. Remember Panetta at the Democratic National Convention? When the Sanders supporters chanting “No more war” were drowned out by Clinton supporters chanting “USA! USA!” Good times…
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Senate passes rollback of banking rules enacted after financial crisis WaPo. Minsky moment, here we come!
Highlights of the Senate banking bill Politico. If “highlights” is the word we want…
EPA drops rule requiring mining companies to have money to clean up pollution Chicago Tribune (DK).
CMS star ratings disproportionately benefit specialty hospitals, data show Modern Health Care
Facebook co-founder Chris Hughes says the 1 percent should give cash to working people Recode. That’s called noblesse oblige, one of the less malevolent aspects of feudalism. One imagines Hughes tossing coins to the peasants from his gilded coach…
Busting the Myth of ‘Welfare Makes People Lazy’ The Atlantic
About a quarter of U.S. adults say they are ‘almost constantly’ online Pew Research Center
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here.