1. J.P MORGAN IS EXHIBIT A FOR VOLCKER RULE NEED & J.P MORGAN COLLAPSE: CAN WE REGULATE WALL STREET NOW? & JPMORGAN'S SHOCKING $2 BILLION LOSS - I've been following this since it started breaking yesterday. J.P Morgan is chalking it up to "errors, sloppiness, and bad judgement." The worst part is, as The Week notes, "Wall Street gives tons of cash to pliticians and "money like that speaks louder to policymakers than the interests of everyone who deposits their money in a bank and hopes not to have it wiped out by Wall Street's bad bets." We bank with J.P. Morgan and I've always felt that at least they weren't as shady as Bank of America. But now I'm realizing I may have been duped. Anybody make the jump to a Credit Union? Or am I really just trading one broken system for another?
2. ECHOING OUT OF TEXAS, CHINESE VOICE OF DISSENT FOR RELIGIOUS FREEDOM - When I worked for the Jubilee Campaign back in 2006 we worked a lot with Bob Fu. He really does have an amazing network, and has been so faithful about raising the voice of the persecuted Church, and human rights activists in China. This is a great article about him and Chen, the blind pro-life activists (ACTIVISTS: CHEN GUANGCHENG FLEES HOUSE ARREST [UPDATED]). I also saw today while reading the WSJ that Chen is still in China, is waiting on China to grant him a visa to the US so he can study here, and that his nephew was arrested shortly after his escape. I would say that the fight isn't over for Chen; fortunately he has Bob Fu and many others on his side.
3. MEMBER OF AFGHAN PEACE COUNCIL IS ASSASSINATED - Sad news coming out of Afghanistan today. As the article notes, "The fact that he was shot dead in front of his house while he was surrounded by his bodyguards raises a lot of questions."
4. SHANGHAIED - Just an interesting article, an inside (or almost inside) look into China and what's behind the Great Wall.
5. Puppy love - 19 days til Thor (pronounced 'Tor') moves in with us!!
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