Politics

Great Successor Praised; Light Bulb Blaze; Economy Razed, and more: PM Links

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North Korean ruling circle gives Kim Jong-Il's son Kim Jong-Un what may be the most unimpressive title yet for a ruler of the Hermit Kingdom: "Great Successor." South Korean ambassador Kim Young-mok tells CNN the dicatorship's neighbor will lay low during the transition. Kim Kardashian, Lil Kim reportedly furious over snub. 

House wants payroll tax holiday to last longer than the two-month can-kicking that got through the Senate. Obama Administration accuses Speaker John Boehner (R-Ohio) of falling for a "Tea Party revolt."

Corporate welfare queen General Electric miffed about possible delay in implementing regulation that will enable GE to sell more and crappier light bulbs for higher prices with less competition. Politico's Robin Bravender considers this a mystery

We're poorer than ever. Tireless doomsayer Michael Snyder puts together a list of 50 terrifying facts about the U.S economy. One stunner: Household net worth reportedly fell by 4.1 percent in the 3rd quarter of 2011 alone.

Photo treasure found: New book features amazing gallery of Rolleiflex photos amateur shutterbug Vivian Maier took in Chicago in the 1950s — all discovered in an auction of the contents of an unpaid storage locker. 

Death of the movies continues: Another terrible weekend for box office raises the old question of when the decline in movie theater attendance will reach terminal speed. (This too might pass: Never underestimate the power of lousy movie offerings to keep audiences away.)