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"Tough luck" becomes law (Salon)
Andrew Koppelman argues that if the Supreme Court strikes down the individual mandate, the conservative justices will have embraced a ruthless libertarianism normally expressed only by brooding teens who just read the Cliff's Notes to Atlas Shrugged.
If the Supreme Court Strikes Down the Mandate -- What's Next? (The Nation)
George Zornick runs through a list of possible solutions for patching over the hole in the Affordable Care Act that the Court could create today, most of which would rely on Democrats to take action rather than curl into the fetal position and weep softly.
A manifesto for economic sense (FT)
Paul Krugman and Richard Layard advocate for an evidence-based approach to our current economic crisis rather than one based on the same gut feelings that drove policy in the 1930s, and that proved about as helpful as a bad case of indigestion.
Democrats go AWOL in class war (Politico)
Jonathan Martin notes that in an era when much of the progressive base is itching for all-out populist warfare, most elected Democrats have opted to beat their swords into plowshares and then use those plowshares to beat themselves over the head.
JPMorgan Trading Loss May Reach $9 Billion (NYT)
Jessica Silver-Greenberg and Susanne Craig report that JPMorgan's attempts to extricate itself from its London desk's bad bets have reached the "sawing your leg off to escape the bear trap" stage, with losses potentially far exceeding estimates.
How Shareholders Are Hurting America (ProPublica)
Jesse Eisinger highlights a challenge to the theory that more shareholder influence is better: if managers weren't so concerned about short-term profits, they might focus on serving, say, their customers or employees. Points for boundless optimism!
After Years of False Hope, Signs of a Turn in Housing (NYT)
Binyamin Appelbaum writes that although any housing recovery is likely to be a painful slog, there are indications the market may have finally hit bottom. Either that or it snagged on a branch on the way down and the next stiff breeze could spell disaster.
Evasive Maneuvers (Slate)
What specific policies does Mitt Romney support and plan to implement as president? You know, stuff! Lots of good things that will help the economy. But we have to elect him to find out the exact details; he doesn't want to ruin the surprise for us.
No, I supported Dodd-Frank more! (WaPo)
Suzy Khimm notes that after running for office as the crucial swing vote against health care reform, Scott Brown is seeking reelection as a crucial swing vote in favor of Dodd-Frank. Against, uh, the woman who designed a big part of it.
An Interactive Map of the Dark-Money Universe (MoJo)
In space, no one can hear you scream. In our campaign finance system, no can see you dump a few million dollars into an election if you don't want them to.
With additional research by Danielle Bella Ellison.