Here's what we're following this morning:

 (via Boing Boing)

Is Harry Reid the most hypocritical man in the world? - C-SPAN, Zero Hedge | Ol' Harry probably hates the fact that C-SPAN archives are available online, these days.

Let them eat sports - LeanForward | Original planned cost: 2.5 billion pounds (about $4 billion); final, but assumed, cost: 9.3 billion pounds (or about $14 billion).  For this paltry sum, some Olympic staff get to live in shanty towns with 10 people to a room, 25 people to a toilet, and 75 people to a shower.  Bread and circuses, indeed.

The poverty epidemic hits the suburbs - Truthdig | Both parties, this election cycle, seem to be ignoring the poor.  Unfortunately, their ranks are increasing by the day.

"Power has shifted from elected representatives to financial moguls" - El Pais | It is unfortunate that a socialist and an anti-fascist can think so much alike.

Remortgaging boom could help Obama - Financial Times | Here's the thing: sure, the average 30-year fixed mortgage rate is 3.49%, but fewer and fewer people are a) able to take advantage of this; and b) being afforded the opportunity by banks.

Slouching towards Nuremburg - Counterpunch | Then, like now, almost nobody spoke up as the process was unfolding.

Italian Euro exit in 2-3 years? - Testosterone Pit | With Greece and Italy gone from the Euro, the Italian and European economies have the ability to recover.  If Italy stays in, though, Italy and Germany run the risk of having long-lasting balance sheet recessions.  I'm not sure the Germans are thrilled about that prospect.

Paying the same amount for smaller products - Chris Martenson | The smallest reduction in size is only 7.8%, but the most drastic reduction in size (but maintenance of cost!) within this study is 20%.  You'd be surprised what is 20% smaller, too.

Olympics coverage by NBC News questioned - The Washington Post | Whew: good thing there is practically NOTHING ELSE going on in the world right now.

8 habits of highly-effective fraudsters - Ars Technica | Politicians take heed!  Your methods are being used elsewhere!