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Mickey Kaus detects some possible monkey-business with the General Motors IPO & the Obama administration: Says Kaus: "But isn't it looking increasingly like the IPO is in trouble? I'm not a Wall Street expert, but I can read the papers. The IPO's already been scaled back, apparently, to the point where taxpayers may not unload enough shares to put them under the 50 percent mark. The global economy is iffy. GM has just abruptly switched CEOs . Its balance sheet is "loaded with fluff," according to Bloomberg. Its own IPO documents admit its "internal control over financial reporting are currently not effective." UAW locals are restive. And its market share is now seemingly below the target level. (A percentage point of share is a big deal in the auto industry.)"

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We need counterweights not just to Wall Street's toxic products but to its malign influence - The American Prospect (Johnson & Kwak)

How to live out of your car - BoingBoing
Surviving (and thriving) on $12,000 a year - MSN Money

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Put a few banksters in prison as an example to the rest? - iSteve (Steve Sailer)

"...why not imprison a few 8-figure per year bank officers? That will put a little fear in future banksters. That will make them cautious about exploiting loopholes they find in regulations."

Channeling his inner Stalin..(heh)

Evolving a better class of criminal mastermind - LA Times (Richard Serrano)

The real accomplishment of the War on Drugs.

Security theater comes to America - Fred On Everything (Fred Reed)

Debtor States - New Yorker (James Surowiecki)

On paying for content - boingboing (Clay Shirky)

We have to or else. Or so says Rupert Murdoch and his ilk. Clay Shirky calls bullshit on that notion.