While I don’t agree with all the opinions expressed in the articles below, they are all still very good reads. Today, there is a lot more on politics. Warning: some articles may be controversial.
Politics
- Why Jesse Jackson Hates Obama – WSJ
- Senate Clears First Hurdle for Oil Speculation Bill – Bloomberg
- Infrastructure Spending and Stabilization Policy – Economist’s View
- Kissinger Says Pullout Timeline Poses Danger to Iraq – Bloomberg
- EU Pondering Restricting Sales of Securitized Debt – naked capitalism
- How China’s Taking Over Africa, And Why The West Should Be Very Worried – Evening Standard
- Madness and Shame – Bob Herbert, NY Times
- McCain gaffes pile up; critics pile on – Politico
Economy
- Oil Falls to 6-Week Low as Storm May Miss Fields, Dollar Rises – Bloomberg
- House Prices: Home improvements are a waste of money – Telegraph
- Why the oil crunch may grow worse – LA Times
- ECB Lowers Growth Outlook – WSJ
- Japan’s Government Cuts Growth Forecast – WSJ
Finance
- Sponsoring Recklessness – New Yorker
- WaMu Has $3.3 Billion Quarterly Loss on Rising Delinquencies – Bloomberg
- Assured Guaranty Plunges, Bond Risk Soars on Review – Bloomberg
- Two Short Lists – Market Beat
- The death-knell of Bernankeism – Martin Hutchison, Asia Times
- The Mother Of All Short Squeezes May End Badly – Safe Haven
Germany
- IKB bekommt erneut Milliardenkredite – Spiegel
- German Strikes Pose Challenge for ECB – WSJ
- SPD mobilisiert Mitglieder für Obama – Financial Times Deutschland
Spain
- El consumo de gasolinas cayó un 10% en mayo, y el del gasóleo un 3,9% – ABC
- Martinsa centra su plan de viabilidad en la venta de suelo y la mora de pagos – ABC
- Los pilotos de aerolíneas preparan una huelga para agosto – ABC
- Solbes dice que lo importante no es el déficit del Estado sino que la deuda no aumente – El Mundo
- El Euribor retoma su escalada y sube al 5,418% – El Mundo
- Madrid y Barcelona, entre las 50 ciudades más caras del mundo – El Mundo
- Los empresarios turísticos alertan de que el sector ya nota la crisis – El Mundo
Odds and Ends
Batman Denies He Assaulted Mom, Sister – Bloomberg