While I don’t agree with all the opinions expressed in the articles below, they are all still very good reads. Today, there is a lot more on politics. Warning: some articles may be controversial.
Politics
Why Jesse Jackson Hates Obama – WSJ
Senate Clears First Hurdle for Oil Speculation Bill – Bloomberg
Infrastructure Spending and Stabilization Policy – Economist’s View
Kissinger Says Pullout Timeline Poses Danger to Iraq – Bloomberg
EU Pondering Restricting Sales of Securitized Debt – naked capitalism
How China’s Taking Over Africa, And Why The West Should Be Very Worried – Evening Standard
Madness and Shame – Bob Herbert, NY Times
McCain gaffes pile up; critics pile on – Politico
Economy
Oil Falls to 6-Week Low as Storm May Miss Fields, Dollar Rises – Bloomberg
House Prices: Home improvements are a waste of money – Telegraph
Key terms in oil-supply debate – LA Times
Why the oil crunch may grow worse – LA Times
ECB Lowers Growth Outlook – WSJ
Japan’s Government Cuts Growth Forecast – WSJ
Finance
Sponsoring Recklessness – New Yorker
WaMu Has $3.3 Billion Quarterly Loss on Rising Delinquencies – Bloomberg
Assured Guaranty Plunges, Bond Risk Soars on Review – Bloomberg
Two Short Lists – Market Beat
The death-knell of Bernankeism – Martin Hutchison, Asia Times
The Mother Of All Short Squeezes May End Badly – Safe Haven
Germany
IKB bekommt erneut Milliardenkredite – Spiegel
German Strikes Pose Challenge for ECB – WSJ
SPD mobilisiert Mitglieder für Obama – Financial Times Deutschland
Spain
El consumo de gasolinas cayó un 10% en mayo, y el del gasóleo un 3,9% – ABC
Martinsa centra su plan de viabilidad en la venta de suelo y la mora de pagos – ABC
Los pilotos de aerolíneas preparan una huelga para agosto – ABC
Solbes dice que lo importante no es el déficit del Estado sino que la deuda no aumente – El Mundo
El Euribor retoma su escalada y sube al 5,418% – El Mundo
Madrid y Barcelona, entre las 50 ciudades más caras del mundo – El Mundo
Los empresarios turísticos alertan de que el sector ya nota la crisis – El Mundo
Odds and Ends
Batman Denies He Assaulted Mom, Sister – Bloomberg
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