What happened to the proprietary traders, asks Michael Lewis.
Why aren’t Chinese millionaires that generous? Because the Chinese government doesn’t allow them to be.
Employers aren’t trying hard to hire.
Facebook and Skype in talks to mesh their services; makes too much sense.
The threatened rivers of the world.
A trip to North Korea:
Pyongyang is less a city than a geometric experiment. The distances between buildings of interest are immense, yawning. Everywhere people trudge through the interstice, crossing the broad open spaces separating points of departure from points of arrival. Bicycles are a luxury, and those who inhabit this concrete savannah rely on public buses. The queues start in the early morning and stretch like snakes into the evening. Residential apartment blocs, colossal in scale, seem designed to overpower and isolate the individual, to shrink the imagination, and expand in its place the sense of awe and terror of the state that made them be.The two Koreas are scheduled to have military talks for the first time in two years.
Chinese developers stoke Japanese insecurity. Also, the new Chinese practice of destroying barely-used buildings to build ever more luxurious replacements. Also, the history of sociology in China.
Faulkner on splendid failure.
Mary Landrieu, proving Senatorial jerkishness is truly bipartisan:
Democratic Sen. Mary Landrieu is holding up President Obama's key economic appointee in critical fiscal times over a local issue his economic team has no control over, giving Republicans campaign ammunition and throwing a wrench into budget planning just as the Senate is set to go home for the elections.
Secretary of the Interior Ken Salazar and other top administration officials have been pleading with Landrieu (D-LA) to release her hold on the nomination of Jack Lew to be President Obama's new Office of Management and Budget director. But Landrieu says she won't budge until the moratorium on Gulf Coast drilling is lifted.
Apropos of that:
Consider the case of Sen. Jim DeMint of South Carolina, the new Republican kingpin and enforcer on Capitol Hill. DeMint claims he was misquoted by Bloomberg Businessweek last week as saying that his goal for the next Senate is "complete gridlock." But you'd never know it from the way he's behaving during the Senate's do-nothing, pre-election legislative session. DeMint makes no apologies for saying that there's no place for bipartisan compromise or consensus or some "watered-down Republican philosophy," as he put it. For DeMint, this is war. The only acceptable outcome is total victory, and any Republican who dares to disagree will be treated as a traitor during the next election cycle.
Maybe there’s a problem with Senatorial rules?
Back to bad European economic news!
On what issues will we become less moral?
Why is the Gates Foundation funding Cargill and Monsanto?