Welcome to the Politicus Pulse. Here are the links you need to see to get your day started off right. Consider this a cup of coffee for your mind.
Letting Bankers Walk (NYT)
The two principal arguments being made for letting the banks off easy don’t make much sense.
Britain’s Phone-Hacking Scandal and the Power of Newspapers (LA Times)
Even in the digital age, newspapers have great power. The question is, how will they use it?
Long Walk Off a Short Piers (Hullabaloo)
CNN’s Piers Morgan has to answer for what involvement he might have had in the News of the World scandal, considering he was once editor of the paper.
Who Killed the Bluebird of Happiness? (Creators)
Economists and politicians keep their fingers on the pulse of the Dow Jones Average, following every tick of this narrow measure of Wall Street wealth. But the truer indicator of America’s economic health is in the Doug Jones Average — how are workaday folks like Doug and Doreen doing?
Note to Investors: It takes Longer to Bounce Back from a Credit Crisis (WaPo)
Why have analysts and economists on Wall Street gotten the recovery so wrong? Most are looking at the wrong data set, using the post-WWII recession recoveries as their frame of reference.
Police On My Back – The Clash