– Jared Bernstein’s new blog is fantastic, and if you are a fan of economic blogs it is a must-read. “From the perspective of the workers who hold these types of jobs [that don’t require college education], there may be no social program more effective than full employment.” “Increasing the share of college grads is a key piece of ‘winning the future,’ but I also worry the present.” There needs to be more liberal voices like this in the economic blogosphere. He’s also on twitter.
– Campaign for America’s Future has a petition you can sign asking the President to recess appoint Elizabeth Warren. We’ll discuss this more next week, but Republicans saying that they’ll oppose any nominee solved a somewhat major problem for a handful of liberals and progressives debating whether or not to fight for Warren versus going with a weaker but theoretically easier-to-get-confirmed candidate. Since the GOP opposes anyone, might as well go for the best.
Jane Meyer, New Yorker, The Secret Sharer. Obama’s war on whistleblowers never looked so scary or petty. Severe laws and penalties that usually are used on actual spies are being deployed against those who question illegal surveillance and internal corruption. Something has gone wrong, and it isn’t clear to me how to proceed. Must-read. Emptywheel, Greenwald, and Adam Serwer have more.
– Yves Smith discusses a lawsuit against LPS based on faulty foreclosure practices. Check this out: “According to CW16, on top of the 20% of files with phantom referrals, approximately another 35% of files had some problems in them. Those problems varied, and included among others, an ARM that had improperly adjusted up, a failure to properly account for a borrower’s principal and interest payments, and a failure to properly attribute payments between pre-petition and post-petition that led the banks to try to collect pre-petition obligations they were not permitted to pursue.” More next week, but that’s the cesspool the payment system for the largest lending market in the largest economy in the history of the world has turned into.
– Moe Tkacik’s editorial on DSK and the elite is one of the few that successfully connects the DSK sexual assault charge to a larger, global issue.
Music video, Titus Andronicus – “A More Perfect Union.” I’m officially at the age where going to a show feels like a gigantic hassle, but I saw them live recently and it was really a good time.
Here they are covering TMBG’s “Birdhouse in Your Soul.”