Sticks And Stones: A federal judge in New Oleans has confirmed his rulling that BP was guilty of gross negligence in connection with the Macondo rig explosion. This means BP could face $18 billion in penalties. What it means for sure is a few more years of appeals and lawyers dancing on the head of a pin.
Hide In Plain Sight: Israel is so sure it did not commit
Plot Elements: Putin says the fleet of Russian warships off the Australian coast is conducting climate research. They're trying to see if they can influence the anti-Russian climate of the G-20. Sweden continues to maintain that “a foreign submarine” trespassed on its territory, but can't bring itself to identify the craft as Russian. The Dutch scrambled their fighters to intercept a Russian military transport plane that had violated its airspace, while Russia claims it has to patrol the Caribbean and Gulf of Mexico with bombers, just to see if it can get away with it.
Capital Steppes: Apple, Inc. has a market valuation greater than all of Russia.
Tracking: John Boehner demonstrated his loose grasp of reality by alleging that Obama's endorsement of net neutrality “continues to disregard the people’s will”, when the public overwhelmingly endorses net neutrality. Further, he claimed that an open level playing field “is a textbook example of the kind of Washington regulations that destroy innovation”, which can be construed as true only if finding new ways to overcharge the common people is 'innovation'. How it could possibly hamper job creation is a total mystery.
Thought Patrol: UK internet providers have agreed to filter out of the data stream any content that the government decides people shouldn't see, in order to protect their freedom.
Paraphrased: “Tony Abbott is one dumb f*ck”
Career Advice: Together, Pimco paid Mohamed El-Erain, who ran off, and Bill Gross, who was run off, over half a billion dollars for losing money at the world's largest bond fund last year. You are in the wrong business.
Porn O'Graph: Modus operandi.