This Time It's Different: Generally a big drop in the price of oil reflects hard economic times – the world's economy runs on oil after all. But Ciitigroup claims this time is different, that the plunge in oil prices will have the same stimulus effect as $1.1 trillion in government spending. Hope so, 'cause we're not going to see no $1.1 trillion government stimulus. But oil dropped like a rock in 2008 and the economy didn't seem to notice.
Danger, Sharp Turns Ahead: The Treasury and Transportation Departments held a conference with private companies and investors to discuss “Expanding Our Nation's Infrastructure Through Innovative Financing". The meeting ended with the hosts urging their guests to make an offer, everything must go.
Free Press: A New Zealand journalist with ties to some of Snowden's documents who has been working with The Intercept, a blog devoted to governmental spying on citizens, had his home raided by 'authorities'.
Who's Sorry Now? According to a letter the Nashville chief of police sent to the House Oversight Committee, US Secret Service agents asked his officers to fake a warrant for them, and when he complained to their DC supervisors they “did not seem to care.” Bet they do now.
Perception: The number of American workers filing for unemployment benefits has fallen to a 14-year low. The good times are back, the employment picture is better than ever and we've a chicken in every pot – according to the government figures.
Either/Or: Do the markets know something you don't, and the stock market drop is just a minor correction, or is reality finally seeping into Wall Street's consciousness?
We're Fucked: “Ebola virus has been isolated from semen 61 to 82 days after the onset of illness, and transmission through semen has occurred 7 weeks after clinical recovery.”
It Was All His Fault: Former Bush administration officials are claiming it was Karl Rove's decision to withhold information about the discarded chemical weapons being found in Iraq from the public. He, and he alone, was responsible. They all say.
Datapoint: Young black men in the US are 21 times more likely than their white counterparts to be killed by police. They make up less than 20% of the population of young men, so do the math.