News

Bank of NY Mellon sees writedowns, 2009 profit: report - Reuters This is what I expect many banks to be saying later this quarter. Is Obama Edging Towards Bush-Like Indefinite Detention? - Michael Scherer, Swampland…

'Stoned wallabies make crop circles' - BBC News "Australian wallabies are eating opium poppies and creating crop circles as they hop around "as high as a kite", a government official has said." Is an Ugly…

What I was afraid of - Paul Krugman As I also predicted, Obama's stimulus package is now looking inadequate. Volcker Gets Less Than He Wants in Curbing Wall Street Excesses - Bloomberg The title says everything, doesn't…

I have bee off for a couple of days but plan on returned to full force later today.  Here are the links from the past few days minus tech and blog-related items.  If I have a lot more links, I will post them this evening. El…

Public Support for the Public Option - 538 More evidence that the American public supports a public plan Obama’s Make-or-Break Summer - Frank Rich, NYTimes Forget the first 100 days. Obama's test begins now. Is it…

Moody’s Joins S.& P. in Warning on California Debt - Deal Book Always late to the party. The Plaza Stirs - NY Times "Few developments rode the wave of high prices in the Manhattan residential real estate the way…

After Pilot Dies, Jet Lands Safely in Newark - NY Times EU sets basis for finance reform - BBC News "EU ministers have agreed in principle on a framework for enhanced oversight of the financial sector, with the UK winning…

A lot of links coming. So I will some now and others tomorrow. Retail sales plunged in April, led by motors - Irish Independent This is a depression-style fall: 17%. Outsider in the world of economics takes a dim view of…

IPhone 3G S Review Roundup - PCWorldA lot of good things are being said about this new phone, available starting Friday. Beaked, Bird-like Dinosaur Tells Story Of Finger Evolution - Science Daily"Scientists have discovered a unique…

The slum solution to housing crisis in Argentina "Without space to accommodate new housing in its intricate corridors and dirt roads, the shanty towns of Buenos Aires have grown upwards." TweetDeck Desktop…