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nakedcapitalism<>Links 12/1/10


http://www.nakedcapitalism.com/2010/12/links-12110-2.html

These kids eat nothing but fast food: SIX hungry cheetah cubs learn to hunt with mum Daily Mail (hat tip reader May S). The photos are adorable.

Goldman challenged on trading code Financial Times. This could get very interesting.

Brussels launches formal Google probe Financial Times. Shades of Microsoft.

Senate passes sweeping food safety bill Washington Post

How Does Our Fiscal Security’s Fiscal Blueprint Work For Climate Hawks? Mike Konczal

Does more economic activity mean more driving? Felix Salmon

Has Botox had its day? Guardian

Russians Refuted US Claim of Iranian Missile Threat to Europe TruthOut (hat tip reader May S)

The United States of Fear Tom Englehardt

Robert Fisk: Now we know. America really doesn’t care about injustice in the Middle East Independent (hat tip reader May S)

Before Business Leaders, Bernanke Discusses Unemployment’s Toll on Americans New York Times. Do you see what is wrong with this picture? Bernanke is talking about job creation of a group that is dominated by mega corporations. Earth to base, in the last expansion, large and medium sized corporations shed jobs! And predictbly, one of the corporate chieftans, the head of IBM, is using his face time to lobby for more deregulation, when there is no reason to believe that will promote jobs (indeed, some types of regulation, for instance, for greater fuel efficiency, have actually spurred innovation. Detroit did itself a huge disfavor in fighting fuel economy rules, it ceded much of the global market for cars to manufacturers in countries that accepted these restrictions).

States Lift Spending After Spell of Cuts Wall Street Journal

Charles Ferguson (Inside Job) on Charlie Rose Barry Ritholtz

The financialisation of commodities Ke Tang, Wei Xiong, VoxEU

Europe Examines Ways to Quell Its Debt Crisis New York Times. OK, I hate to sound churlish, but when I ran posts months ago saying what a train wreck was coming, I got all sorts of hell from European readers. And what has come to pass?

U.S. Treasury Envoy to Visit Spain as Portugal Faces Downgrade Bloomberg

Why the Irish crisis is such a huge test for the eurozone Martin Wolf, Financial Times

Trichet hints at bond purchase rethink Financial Times

Ireland: The Rise & the Crash Ian Jack, The New York Review of Books (hat tip Chris Whalen via Joe Costello)