Monday, June 9, 2014

READING FOR THE WEEK (June 9, 2014)




Privatizing the modern-day kibbutz (Maclean's).

Dick Cheney wants Hilary Clinton 'held accountable' for Benghazi attacks (The Raw Story).

The promise of solar roadways includes regenerating energy, keeping roads ice and snow free, advanced road hazard warnings, and a host of other benefits (Barry Ritholtz).

The six principles of the New Populism ... and the Establishment's Nightmare (Robert Reich).


FINANCIAL APOCALYPSE NOW ... OR LATER
Russian companies 'de-dollarize' and switch to yuan and other currencies over fears that Western sanctions could freeze their accounts at any time (Russian Times).

The UK's Royal Bank of Scotland has a '£100 billion black hole' and is in 'danger of failing' ... and the bail-ins cometh (Zero Hedge). 

Little by little, we went insane (Zero Hedge).


WHEN FEAR & IGNORANCE WINS
Keeping the bums out ... wealthy London neighborhood installs spikes to keep the homeless away (Nation of Change).

America dumbs down. The U.S. is being overrun by a wave of anti-science, anti-intellectual thinking (Maclean's).

Arizona Republican becomes a Democrat and changes his name to 'Cesar Chavez' because he thinks people are too stupid to understand what he's doing (Wonkette).


ECONOMICS ... STILL THE DISMAL SCIENCE
An astonishing record - of complete failure ... In 2008 the consensus among economists was that no economy would fall into recession in 2009 (Financial Times).

Yet, economists still rule the world (The Washington Post).

Economist Thomas Piketty: One of the benefits of civilization should be working less (The Raw Story).

Why the bailout was a colossal failure (Robert Reich).


MISCELLANEOUS
Across America police departments are quietly preparing for war (Zero Hedge).

IMF paper shows that Federal Reserve QE policies have had a significant impact on interest rates (Barry Ritholtz).

Five ways to fight global warming (Bloomberg).

CEO pay, an embarrassment of riches (Yahoo).

How to shrink inequality (Robert Reich).

- Mark 

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