From The Atlantic.

The Federal Reserve’s Little Secret

No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them.

From The New Yorker (may require login).  The interesting bit is people are making magnesium, a lightweight metal, using seawater and cheap excess solar electricity.

California Is Showing How a Big State Can Power Itself Without Fossil Fuels

More sad news from Texas.

Kinky Friedman, provocative satirist and one-time gubernatorial candidate, dies at 79

Tried to do some yard work before it got too hot.  Went in the fridge looking for something cold. It’s not noon yet, but why not a beer?  Should have read the label.

Somehow I missed that Jeff Bezos, one of the richest men in the world and owner of the Washington Post, has put a longtime Fox / News Corp / UK Telegraph guy in charge.

The Washington Post Announces William Lewis as Publisher and CEO

Today almost six months to the day later another News Corp guy is installed as editor.  So the top two people at the supposed liberal national newspaper in the US are both former leaders of Rupert Murdoch’s new organization (i.e. Fox News in the US). 

The NYT headline is about the previous editor leaving. The real news is who the replacement is.

Sally Buzbee, Washington Post Editor, to Leave Role