Capital Markets

Reason Morning Links: Surging Water, Surging Spending, Surging Protectionism

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• The waters rise in North Dakota.

• The Treasury's toxic detoxification plan.

• How Obamanomics builds on Bushonomics.

• A new wave of protectionism.

• The death of Dubai?

• The war on online jihadism: "crude, expensive and counterproductive."

• Obama's justice department sides with the RIAA.

• Tons of old newsreels.

• The communitarian case for beer.