Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list discusses whether corporations manipuate the public dialog with social issues to deflect attention from themselves …….. and the last article is about how QE bond buying affects Mexico.
- Are Corporations Trying to Distract Us with Social Issues While They Take Control of Our Economy? (RJ Eskow, AlterNet) Hat tip to Naked Capitalism.
- Good news about climate change! (Fabius Maximus) Fabius Maximus contributes to Global Economic Intersection.
- Americans on Food Stamps (Rebecca Rolfe, The Washington Post) Click on link or map for larger version of graphic below and additional graphical data.
- Have the robots come for the middle class? (Jim Tankersley, The Washington Post)
- S&P admits its claims of objectivity and independence are “puffery.” (Rodger Malcolm Mitchell, Monetary Sovereignty) Rodger Malcolm Mitchell contributes to Global Economic Intersection. According to court statements S&P says about their ratings: a reasonable investor wouldn’t depend on them.
- Chinese shadow banks hammered by credit crunch (Houses and Holes, Macro Business)
- Study finds fracking chemicals didn’t pollute water: AP (Mladen Antonov, CBS News) “A landmark federal study on hydraulic fracturing, or fracking, shows no evidence that chemicals from the natural gas drilling process moved up to contaminate drinking water aquifers at a western Pennsylvania drilling site, the Department of Energy told The Associated Press.” Data will be published in coming months. Nothing mentioned in this article about methane release, although a article on methane is listed as additional reading.
- What’s behind the slowdown in residential construction? (Sober Look) See also GEI Analysis.
- How to Trade the Big Banks Now (Shah Gilani, Wall Street Insights & Indictments) Shah Gilani contributes to Global Economic Intersection.
- Bernanke’s Bond Buy Cut Back Slices Into Mexico Market (Marlene Y. Satter, ThinkAdvisor)