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The Morning Grumpy – 6/20/12

20 Jun

All the news, views, and filtered excellence fit to consume during your morning grumpy.

Just links today…a shorter grumpy is better than no grumpy.

1. Business lessons from a Mexican drug cartel. A fantastic long read.

2. Peter Orszag the former Director of the Office of Management and Budget and former director of the Congressional Budget Office makes the liberal case for economic optimism.

3. JPMorgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fund and Bloomberg BusinessWeek’s analysis of bank balance sheets. The money helps the bank pay big salaries and bonuses. More important, it distorts markets, fueling crises such as the recent subprime-lending disaster and the sovereign-debt debacle that is now threatening to destroy the euro and sink the global economy.

4. E.J. Dionne writes that if the Tea Party is to be believed, radical individualism has defined American history. But their story is wrong, and progressives must say so.

5. A new survey by the Pew Research Center finds that belief in the existence of God has dropped 15 points in the last five years among Americans 30 and under.

Thank god for that!

Fact Of The Day: Did you know that Walgreens sells sex toys? Now you do.

Quote Of The Day: “A fool finds no pleasure in understanding but delights in airing his own opinions” -Richard Dawkins

Video Of The Day: Gilbert Gottfried Records The Audiobook Version of “Fifty Shades Of Gray

Song Of The Day: “Help Me” – Sonny Boy Williamson

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