Thursday, July 05, 2012

Bits and Pieces - July 5, 2012

We've all been waiting for the straw that sends the banksters to jail and splits open their power. The LIBOR scandal might just be it. LIBOR is the standard of the interest-charging world. Dylan Matthews explains. It turns out that the big banks were monkeying with it, to their benefit (of course!) in multiple ways. It's only one of the ways that the banksters have been fixing things in their favor. Their money has been coming out of everyone's pockets, and this makes that connection. Kevin Drum has more.

The good things drones can do.

Malawi gets respectable. Is it a coincidence that the new president who is turning things around is a woman?

China talks about its space program.

Today's overheated headline:  Computer error triggers mass rocket launch.

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