[In case it needs to be said: I don't agree with every word of everything I link to. --L.]
- Financial Stocks: Bank of America leads financials into red
- [MarketWatch]
The U.S. financial sector opened with losses Friday, brushing off better-than-expected second-quarter earnings reports and Goldman Sachs Group Inc.’s settlement with the Securities and Exchange Commission
- There’s platinum in them there spacerocks
- [Futurismic]
Still wondering what the business model might be for commercial space operations, beyond sight-seeing tourist flights, inflatable hotels and space-truckin’ logistics missions on behalf of beleagured nation-state space programs? Well, where there’s rare resources, there’s money to be made… and asteroids are eminently reachable with current technologies…
- but… but… but…
- [I Can Has Cheezburger]
- Racists never seem to get an even break
- [Hullabaloo - Digby]
It’s interesting that after the ACORN business and the past year of obnoxious rhetoric on the far right the mainstream media is suddenly waking up to the fact that the Tea Party might just, in fact, have a teensy racist bent…
And no, these people don’t admit they are racists. Indeed, they deny it completely and claim that they are, in fact, victims of reverse racism. Just because they say it doesn’t mean it isn’t true.
For an erudite discussion of this topic, I urge you to read this Ta-Nehisi Coates essay here.
- Chart Of The Day
- [Talking Points Memo]
I’m not sure it’s sunk in yet within the political class (outside of economists) how horrible the prospects are for bringing the unemployment rate back to pre-Great Recession levels any time soon. And by soon, I don’t mean November 2010. We’re talking more like November 2015 or November 2020.
Here’s a chart from the Brookings Institute (via Ezra) that gives you some idea of the mammoth hill the economy has to climb to generate enough jobs to take up the slack in the labor market…
The “jobs gap” is the sum of the jobs lost during the recession plus the new additions to the ever-expanding labor force…
- LDS official did have role in Argentina gay-marriage battle – Salt Lake Tribune
- [Salt Lake Tribune via Google News]
Despite the LDS Church’s claim last week that it had not taken a stand on Argentina’s move to allow gay marriage, a high-ranking church official did join other religious leaders there to plan opposition to the bill…
- Escaped bull on loose at hospital
- [BBC News]
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