Tuesday, January 27, 2015
How Soon Is Soon: OPEC Secretary El-Badri says that $50 oil will not last and that prices will reach $200 a barrel 'very soon' if investment in new production lags because of the current small (1.5 mbd) over-supply. Hedge funds do not agree and continue to sell oil short.
The King Is Dead, Long Live The King: Newly crowned Saudi King Salman's reign was celebrated with a public decapitation. Public floggings will resume shortly.
Big Blues: IBM is reportedly undertaking a major reorganization that would cut about 25% of its worldwide work force – some 110,000 jobs. Go ahead, Think.
Drugs, Sex & Alcohol: The four Vanderbilt University football players whose own cellphone recordings will convict them of the sexual assault of a co-ed maintain that it was not rape but simply an extra-credit project.
The Message Is The Message: As his first official act, newly installed Greek Prime Minister Tsipras visited a memorial commemorating the execution of 200 Greeks by Nazis during WWII.
A Grain Of Salt: New research suggests that the warnings about the connection between salt and heart disease are... a little exaggerated. “No significant difference” was found in outcomes between those using less than 1,500 milligrams a day and those consuming more than 2,300.
Down Payment: To date George and Dick's Excellent Adventure in Iraq and Afghanistan has cost the US treasury $1.7 trillion, with much more to come.
Odds On: Only one in four Americans believe that God will determine the super Bowl Winner. The rest are pretty sure Bell 1 in 4 Americans believe God will determine who wins the Super Bowl. The Rest think Belichick will take care of things without bothering the Big Guy.
Porn O'Graph: What goes up, goes upper.
Posted by Charles Kingsley Michaelson, III at 8:18 AM