New York Times
Guardian (Kevin W)
ars technica (Kevin W)
National Conference of State Legislatures (UserFriendly)
MPR (Chuck L)
engadget. Institutionalizing bad science. .
From Politico’s European newsletter:
SEXINESS ALERT: We’ll be talking bad, sour, “non-performing,” or whatever else you want to call them, loans for a bit, so read on. EU ambassadors agreed Wednesday on the size of the buffers that banks need to hold on their balance sheets against non-performing loans. , Council agreed on a negotiating position for new rules that will oblige banks to fully cover loans that have gone bad after seven to nine years if there’s anything of value (read: real estate) as collateral, and after three years if not. That’s a concession by the hawks — the Commission proposal foresaw stricter rules.
Why it matters: In the words of Austrian Finance Minister Hartwig Löger, returning “trust and confidence in our financial system” requires “solid prudential rules and effective monitoring tools. Today’s agreement is a significant step toward delivering on these two objectives and ultimately strengthening our banking union.”
Now why it really matters: There’s a long way to go before the EU can reach an agreement on Macronite calls to further integrate the eurozone. The first step in the risk-sharing direction (and a political precondition set by Germany and the Nordics) is risk reduction in the banking system.
Telegraph. Note Raab has been pushing for an EU summit on November 21.
No 10 insiders suggested that it was “very premature” to be talking about the future trading relationship but did not rule out that the future of financial services was being discussed. Others dismissed reports in the Times and on the financial wires as “unsubstantiated rumours”.
BBC (Kevin W)
New Cold War
New York Times (furzy)
Wall Street Journal (Kevin W)
– Pogo. Kevin W: “The real value in this article is in the two embedded documents by Erik Prince.”
Moon of Alabama
Big Brother is Watching You Watch
Forbes (David L)
Independent. Bill B: “22,000-camera surveillance system.” Compare this against .
Black Agenda Report
Ian Welsh (UserFriendly)
USA Today. UserFriendly: “Shoot me.”
Medium (Dr. Kevin)
Business Insider (David L)
Associated Press (furzy). Here’s the study: JAMA Pediatrics
Black Injustice Tipping Point
– Business Insider (Kevin W)
God, I am so glad I finally moved out of the South Bay this past summer – the farther away from bloody Google HQ, the better. Isn’t it interesting that they’re not first doing, say a yearlong pilot program in which the cars face realistic driving conditions but are restricted to the Google campus? A couple TechBros getting creamed by a WayMo AV might send a much-needed message to the Geek Overlords at Google.
BBC. Clive: “PE (still…) being the dumb money in the room.
Shadowproof. UserFriendly: “LOL that is . Since when is Amazon moving to nice suburbs?”
This should be used a lot when debating MMT
Japan has an unemployment rate of 2.3% way better than both the UK and the US.
So what is there inflation rate when their unemployment rate is so low and basically at Full employment ?
— Abba P. Lerner (@Moneymonopolist)
Antidote du jour. Crittermom:
The Cedar Waxwings stopped in today to join the Robins eating the fruit off the tree.
It’s the first time I’ve seen them in this state since moving here almost 7 yrs ago.
It seems appropriate that they were migrating through today wearing their black masks–since today is Halloween.
And a bonus (Ron A):
WATCH: A Crimean safari park unveiled three rare white Bengal tiger cubs
— Reuters Top News (@Reuters)
See yesterday’s Links and Antidote du Jour here.