Patient readers, Yves apologizes for her lack of original posts, but she’s finishing up an important series, shortly to be released. Also, the news flow is both overwhelming and overwhelmingly polluted just now, and financial stories have sunk beneath the waves. –lambert
JP Morgan fears Fed ‘policy mistake’ as US yield curve inverts Ambrose Evans-Pritchard, Telegraph
Wells Fargo reportedly facing huge fine for mortgage lending and auto insurance problems LA Times. Wake me when executives no longer have impunity from criminal prosecution.
Chap. 11 Bankruptcies Spike 63% from Year Ago Wolf Street (EM).
Documents Detail What Shell Knew About Climate Change Decades Ago Climate Liability News
New Cold War
Yulia Skripal discharged from hospital Sky News. “For nearly a month both were in a critical condition, but they have recently made a remarkable recovery.” Indeed!
The Slowly Building Anger in the UK at the Government’s Handling of the Skripal Case The Blogmire (David Johnson). The story doesn’t match the headline, but gives quite a bill of particulars on inconsistencies in the official narrative.
Soviet scientist backs UK over Skripal poisoning FT. The story is a bit more nuanced than the headline.
In Syria, Trump Faces the Limits of Bluster Editorial Board, NYT. Last sentence: “The question is what comes next.”
Syria – Any U.S. Strike Will Lead to Escalation Moon of Alabama. That’s not a bug. It’s a feature.
Ghouta is Arabic for “Reichstag Fire” by Publius Tacitus Sic Semper Tyrannis
Borneo oil spill costs Indonesia’s poor The Interpreter
How Cambridge Analytica’s parent company helped ‘man of action’ Rodrigo Duterte win the 2016 Philippines election South China Morning Post. Just spitballing here, but maybe the issue isn’t CA, the firm, but the whole line of business?
“Testimony of Mark Zuckerberg Chairman and Chief Executive Officer, Facebook” (PDF) HEARING BEFORE THE UNITED STATES HOUSE OF REPRESENTATIVES. Oddly, or not, nothing about concentration or monopoly.
Donald Trump trade threats lack credibility Larry Summers, FT
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Secret Handshakes Slate
Our Famously Free Press
Data Lords: The Real Story of Big Data, Facebook and the Future of News Josh Marshall, Talking Points Memo. Worth a read, amazingly enough. Another way of saying “Lord” is “Robber Baron,” of course.
Consumer watchdog group’s ads attack Sinclair on its own stations Baltimore Business Journal
Big Brother Is Watching You Watch
Urban Bungle: Atlanta Cyber Attack Puts Other Cities on Notice Scientific American
An ambitious California bill would put the state in charge of controlling prices in the commercial healthcare market Los Angeles Times. Looks like this is the approach the California Democrat establishment favors instead of single payer. We’ll see how it works out.
Imperial Collapse Watch
When Military Leaders Have Reckless Disregard for the Truth The American Conservative
A Real Estate Dynasty Passes the Torch NYT. Read all the way to the end. The comments are interesting….
List of Oklahoma schools that have canceled classes as teacher walkout heads into second week KFOR. Interestingly, including some charter schools.
UMaine to name new president Tuesday, gets $5 million to keep them around Bangor Daily News. So now we’re keeping the bloated and parasitical adminsitrative layer on life support with private subsidies. Swell.
Could artificial intelligence get depressed and have hallucinations? Science. Only if it goes on social media…
Antidote du jour (via):
Description: Amber bear, apparently Neolithic, found in Poland.
Significance: cuteness. pic.twitter.com/IwwgMGzuCF
— Frye's History Feed (@TheHistoryFeed) April 5, 2018
See yesterday’s Links and Antidote du Jour here.