“Qu’un sang impur abreuve nos sillons!”

• More on Reid/McConnell. When the final history gets written, nobody should forget that Mitch McConnell offered a clean debt limit vote, and the Democrats refused to take it without spending cuts.

• Meanwhile, McConnell signed onto legislation that would disallow a debt limit increase. I’m sure this is an attempt to win back Tea Party types, but they won’t be easily won.

• Even China is encouraging the US to be “responsible” in the debt limit fight.

• Tim Duy says that Ben Bernanke’s hints about a QE3 didn’t amount to much. He did mention that the Fed could stop paying banks to park excess reserves, which should be done at this point.

• Andrew Cuomo’s 71% approval rating in New York seems to be surviving his rhetorical attacks on public pensions and general anti-union stance, which doesn’t really bode well for the labor movement at large.

• Gallup has “Generic Republican” ahead of Obama by 8 points. Other polls that put Obama head to head with actual candidates show him in the lead.

• That F-35 project just gets better ‘n’ better: here’s another 3/4 of a billion cost overrun.

The exposé of ALEC from The Nation and the Center for Media and Democracy hit the traditional media, though it gave ALEC a little space to whine.

• This is why military foreclosures are so dangerous for the banks: a jury just awarded a soldier $21 million after a mortgage foul-up.

• An interesting spat has broken out on the left over the book Reckless Endangerment by Gretchen Morgensen and Josh Rosner, which critics claim relies too heavily on the argument that Fannie and Freddie were responsible for the financial meltdown. Reviews like Jeff Madrick and Frank Partnoy, as well as Robert Kuttner, attack this argument. I haven’t read the book, so I can’t really comment, although according to the authors, they place just as much blame on Wall Street and government deregulation, and everyone is simply cherry-picking.

• Great journalism from Zachary Roth, providing the voices of the unemployed.

• Conservatives will put up a ballot measure in California to end collective bargaining for public employees. That race will get ugly, but I doubt it will be successful.

• Ibrahim Mothana says the Yemeni Revolution is more damaging to Al Qaeda than any drone attack, because it’s bringing hope to the nation’s youth.

• A British parenting site can take a good deal of the credit for the phone hacking scandal and the residual harm to Rupert Murdoch.

• A German bank was poised to fail the EU’s stress tests, so they had a novel idea: pulling out of the test.

• Weekly unemployment claims went down last week and are now hovering just above 400,000.

• John Sperling, the head of the University of Phoenix, is a happy man. After a weak set of regulations on for-profit colleges were announced, the stock went through the roof. And Sperling sold high.

• Looks like Gov. Mark Dayton is caving in Minnesota, giving up on tax increases amid a government shutdown and agreeing to a variety of gimmicks to end the stalemate, which drawing the line at policy riders.

• An internal investigation shows that the Navy did violate policy in their treatment of Bradley Manning.

• Good for Jerry Brown for signing the FAIR Education Act, which will mandate teaching contributions by the LGBT community in state history classes.

• Public Policy Polling is nailing practically every race it polls. And Rasmussen has dropped off the planet in this off year, so PPP is really setting the polling perspective with its prolific surveying. Great move by Daily Kos and SEIU.

• A JPMorgan investor report shows that corporations are making a lot of their profits these days by lowering wages and benefits.

• The CIA’s fake vaccination program was a really dumb idea.

• I still have a bunch of paper savings bonds from when I was born. They’re going the way of the dodo bird.

• There’s a difference between a pose of isolationism and actual isolationism.

• I like what I see of Google+, and I like that I can update right from my Gmail, but I haven’t really used it all that much yet.

• Another Twitter hacking, dirty picture scandal for a member of Congress?

• Could there be a Reverend Wright scandal in Michele Bachmann’s future? Somehow, I doubt it will get the same level of coverage.

David Dayen

David Dayen

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