Mostly Downers: Even the Realtors had to acknowledge that pending home sales declined in June, blaming it on increased mortgage rates. Stocks declined on the news, then late in the day the blame for the fall in stocks was blamed on Ben and the Boys getting together. Manufacturing activity increased a bit, but slower than desired. None of this matters much and it certainly doesn't explain anything of significance.
Down To The Sea In Slips: Some hackers from UT/Austin managed to 'spoof' an $80 million yacht's GPS system. This time they had the owner's permission. And a federal court has blocked researchers from explaining how they can hack into a car's computer system. Pretty soon some junior Edward Snowden at NSA will notice you've paid for too many drinks and will electronically take your keys away. Not possible? Well, maybe not yet.
Innocence Is No Defense: A court employee was fired for perverting the course of justice when she gave a wrongfully convicted man copies of court papers that proved his innocence. No, it wasn't Scalia, not directly, although it smacks of his view of justice.
Another Precinct Heard From: Maryland officials say that in many cases insurance rates under the Affordable Care Act will be... affordable. This is one more of an growing number of states that have found, counter to what the Republicans are preaching, that Obamacare is going to lower insurance premiums for most people. Even so, Marco Rubio claims that Obama's insistence on implementing the law (as he is required to do) will force Rubio to shut down the government and blame it on Obama. Set that to music.
Laurels: About the only real accomplishment of the Republicans over the past couple of years is their triumph in destroying the US Postal Service through their legislation requiring the USPS to fully fund 75 years of health care benefits in a ten year period. Bet you can't do that, either.
Chimera: In the 30-plus years since Ronnie confused the movies for reality and decided to build a Star Wars missile defense system, the US has spent $250 billion and to date has come up with nothing. Nada. The prototypes cannot hit their target even when the game is rigged. But that is just a minor inconvenience to the military and their space-war civilian contractors. All they need is more money. Much more.
Vocabulary Builder: Disemployment: The Obama policy of encouraging people to leave the work force as a way of decreasing unemployment while decreasing employment thus creating customers for the bread and circus society.
The Parting Shot: