Economy:
Energy to spare: America is on track to produce all the energy it needs at home – Economist
DRILLING DOWN: Documents: Leaked Industry E-Mails and Reports – NY Times
Why Workers Are Losing the War Against Machines – The Atlantic
Federal Reserve to target inflation rate of 2.5% until unemployment is below 6.5% – Federal Reserve
Fed Seen Pumping Up Assets to $4 Trillion in New Buying – Bloomberg
Pimco’s Gross Says Fed Policy Means ‘Free’ Debt for Treasury – Bloomberg
Jobs, Productivity and the Great Decoupling – NY Times
Markets:
Big Money Bets on a Housing Rebound – NY Times
Asia Stocks Set for Longest Winning Streak in Three Years – Bloomberg
Politics:
How Far Would You Fall Down The Fiscal Cliff? – Slate
French in Denial as Crisis Deepens – Der Spiegel
The G.O.P.’s Existential Crisis – NY Times (Krugman)
Google’s tax avoidance is called ‘capitalism’, says chairman Eric Schmidt – Telegraph
Banks:
Outrageous HSBC Settlement Proves the Drug War is a Joke – Rolling Stone (Taibbi)