Morning Matters

• Obama set to talk economy with world leaders at G8 meeting—oddly in an Italian town still feeling aftershocks from big earthquake in April.
• Google to release operating system next year, expected to compete with Microsoft.
• Swiss government steps in to prevent Swiss banks from complying with U.S. demands to hand over data on customers.
• Government security failure: GAO able to smuggle bombs, detonators into federal buildings; federal cybersecurity system doesn't work.
• Good news from marijuana debate: Bong photo doesn't seem to have harmed Michael Phelps' endorsement potential at all.

With Reason, Hit and Run.
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