* Bad idea: Wall St. rejects debt prioritization plan
* Gravity: Why the world needs a “rocket tax”
* Adam Penenberg: America doesn’t hate Silicon Valley
* Oversubscribed: Apollo may raise cap on flagship buyout fund
* Morning Call: U.S. futures flat, Europe slumps and Japan climbs.
* Fee games: Losing money on futures funds
* Epstein on Sachs: The arrogance of good intentions
* Cisco CEO: “Internet of things” will reshape IT
* Apple design godfather: 4 areas ripe for innovation
* Video: Obama takes government to the Apple store
* Bull market? CNBC has worst quarter in 20 years
* Redrawing electoral college: 50 “states” with equal populations
* Always controversial: Intellectual Ventures hits fundraising trail
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