Dubai’s sovereign credit-default-swap spreads soared to their highest level in a year this week, amid concern about the terms of a debt restructuring by a state-owned conglomerate. There is increasingly shrill commentary arguing that Greece is the start of a far bigger problem. “A Greek crisis is coming to America”, blared the headline on a recent Financial Times article by Niall Ferguson, a financial historian.
The Government’s Prohibition Poison Program
It was Christmas Eve 1926, the streets aglitter with snow and lights, when the man afraid of Santa Claus stumbled into the emergency room at New York City's Bellevue Hospital. He was flushed, gasping with fear: Santa Claus, he kept telling the nurses, was just behind him, wielding a baseball bat.
Kitteh Shiatsu
Dim Sum Truck in West LA
I was in Little Osaka earlier today when I got a mobile alert from Twitter. I’d started following @dimsumtruck a few days earlier. The tweet stated,”We’re soft-opening in West LA! Free dumplings for whoever finds us!!” I was walking back to my car as I read this and thought, “Where in West LA would the Dim Sum Truck park?”
I turned around and saw this. What luck!
Cheney Admits to War Crimes, Media Yawns, Obama Turns the Other Cheek
“I was a big supporter of waterboarding,” Cheney told Karl, as if he were issuing a challenge to officials in the current administration, including President Barack Obama, who said flatly last year that waterboarding is torture, to take action against him. “I was a big supporter of the enhanced interrogation techniques…”
via Cheney Admits to War Crimes, Media Yawns, Obama Turns the Other Cheek.
QuantumTom 