Pour yourself some dark brew, and settle in for our longer form weekend reads:
• How the banks ignored the lessons of the crash (The Guardian)
• Why Jack Dorsey Is Ready to Save Twitter (Re/code)
• Why Free Markets Make Fools of Us (NY Review of Books)
• The Network Effect: Reid Hoffman, and LinkedIn’s Plan for World Domination (New Yorker)
• The Decline of ‘Big Soda’: The drop in soda consumption represents the single largest change in the American diet in the last decade (The Upshot)
• Jeremy England: The Man Who May One-Up Darwin (Ozy)
• Lucy McKeon: The Meaning of Coincidence (Guernica)
• How Picasso the Sculptor Ruptured Art History (Vulture)
• The City-Sculpting Buildings of Chicago’s Biggest Architect (Wired)
• ‘Rocky Horror’ Is Doing the Time Warp, Forever (NYT)
Be sure to check out our Masters in Business interview this weekend with special master Ken Feinberg.
American Companies Are Pushing Congress to Remove Ban on US Oil Exports
After Boehner, House Hard-Liners Aim to Weaken Speaker’s Clout
Republicans want weaker leaders. They stand for Weak leadership.
The goal being to weaken the President.
GOP, the party of weakness. Obama is too strong, too macho for them.
Funny thing is that they are too stupid to realize that breaking party discipline will hurt them more than it will help them. A lot of stuff can pass with 40 GOP votes added to all democrats. How much stuff would pass with 40 GOP hardliners if the GOP members don’t have to vote party line? Either you obey the party majority or nobody obeys it. Sit back and enjoy the show.
How Steve Jobs Fleeced Carly Fiorina
The former HP CEO boasted of her friendship with Apple’s leader—but he took her to the cleaners with the iPod
“Hello, Steve this is Carly”
One can almost SEE Steve Jobs rolling his eyes as he takes the phone call.
Cheetah Breaks Speed Record—Beats Usain Bolt by Seconds
“Polka-dotted missile” rockets to 61 miles an hour.
By Roff Smith in Cincinnati, Ohio, for National Geographic News
PUBLISHED August 02, 2012
Sarah the cheetah has shattered the world record for the standing 100-meter dash, clocking a time of 5.95 seconds—making Olympian Usain Bolt’s world record of 9.58 seconds look positively stodgy by comparison.
On a USA Track & Field-certified course established by the Cincinnati Zoo, the 11-year-old cheetah was radar-timed at up to 61 miles (98 kilometers) an hour, according to a Thursday announcement by zoo officials and National Geographic magazine. The magazine photographed Sarah and other zoo cheetahs for a project to be featured in its November issue, which will include unprecedented high-speed pictures.
I think the banks learned the lesson of the crash very well. The lesson being their tame politicians will bail them out of anything no matter how much it hurts everyone else.
Next financial crash is coming – and before we’ve fixed flaws from last one
IMF global stability report makes for a sobering read, saying sustainable recovery has failed to materialised and cheap money has led to bubbles and debt.