Links, 8/17/11

I guess it takes a lot of smart kids from other countries to show us what assholes Hershey is–and to teach us about solidarity.

I assume you’ve already read the Matt Taibbi piece revealing that the SEC has been destroying records of its preliminary investigations, effectively giving serial problem corporations an apparent clean bill of health. If you haven’t read it, go do so. But you should also read Felix Salmon on Taibbi’s piece; he points out that while the traditional media is discussing Chuck Grassley’s response to the story, most are not pointing back to Taibbi’s own article describing what it’s all about.

I’ve seen predictions the student loan bubble was going to crash for some time–even before it became clear that recent graduates aren’t getting jobs. That crash is getting much closer, as delinquencies rise.

After the Knights of Columbus got bullied to accept the $8.5 billion settlement with Bank of America, the trustee, Bank of NY Mellon blew them off. So now the KoC have expanded their suit challenging the settlement, including breach of fiduciary duty, based on claims BNY Mellon botched the foreclosures.

Blackwater: still spying in Afghanistan.

This is actually a sweet story. A Chinese-American businessman named ZhaoHui Tang saw Gary Locke in the Seattle Airport on his way to his new job as Ambassador to China. Locke was carrying his own knapsack, buying his own Starbucks coffee. So Tang took a picture and posted it to a Chinese social media site, where it was a big hit because it showed Locke in such a down-to-earth light.

A few weeks back, Joe Klein reported that Obama was reading Nixonland. At the time, I saw Rick Perlstein tweet that he hoped Obama took the right message from the book. Here’s Rick explaining what that message should be (the answer? emphasizing how Democrats have helped real people).

Lee Fang reports that the Darrell Issa staffer who probably wrote a letter complaining about margin requirements for derivatives used to work for Goldman Sachs.

Rortybomb has the best post on the “Texas miracle” I’ve seen. Short version: it didn’t have a housing bubble and therefore hasn’t deleveraged like similar states. I still think you have to add in the oil industry (not least to distinguish TX’s success from OH, MI, and PA’s woes in that very first graphic.

Tweet about this on Twitter0Share on Reddit0Share on Facebook0Google+0Email to someone

23 Responses to Links, 8/17/11

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
Emptywheel Twitterverse
emptywheel Admin got a 94 day dragnet this time so as to coincide w/expiration of 215 on June 1. http://t.co/60jVPHonRU
11mreplyretweetfavorite
emptywheel @tinleyharrier Looks like they reauthorized yesterday, so 4 days before.
14mreplyretweetfavorite
emptywheel RT @spyblog: Russia opposition politician Boris #Nemtsov 'shot dead' http://t.co/2mp6QZQw0Z
28mreplyretweetfavorite
emptywheel @jacklgoldsmith Interested whether you think Data Flow--which appears most Section 215 orders may authorize--would present bigger problems?
1hreplyretweetfavorite
emptywheel RT @DonteStallworth: Asked specifically if Assata Shakur would be extradited to U.S. Vidal said U.S. broke treaty by not returning members …
1hreplyretweetfavorite
emptywheel RT @DonteStallworth: Cuba's top diplomat to the U.S., Josefina Vidal, said Havana will honor the political asylum granted to a small group …
1hreplyretweetfavorite
JimWhiteGNV Pretty surprised CPAC allowed that bearded religious radical to speak.
1hreplyretweetfavorite
emptywheel RT @billmon1: 2. Real question is how a cultish Iranian terrorist group that's been stuck in a guarded camp in Iraq for 12 years got that k…
1hreplyretweetfavorite
emptywheel @jacklgoldsmith And note providers get new Secondaries today, which is when VZ challenged after Klayman v Obama.
1hreplyretweetfavorite
JimWhiteGNV RT @pat_dooley: No. 1 Florida softball handles no. 2 Oregon 3-0 behind Gourleys 2-hitter
1hreplyretweetfavorite
emptywheel All phone dragnet providers get new Secondary Orders today, giving perfect opportunity to challenge based on Yates. https://t.co/gRSxcd1gyr
1hreplyretweetfavorite
August 2011
S M T W T F S
« Jul   Sep »
 123456
78910111213
14151617181920
21222324252627
28293031