Friday, January 30, 2015
Misery Index: Obama wants Congress to forget all about that sequestration nonsense – at least as far as it applies to the Pentagon budget, which he wants to increase. You'd think that with all the practice we've built up in killing people and blowing things up we'd get more efficient at it.
Read'n, Rite'n & Reload'n: A Texas Republican has filed the Texas Protection Act which would encourage teachers to gun down any of their students who might be thinking about being bad.
The First Cut Isn't Necessarily The Deepest: Shell has cut $15 billion from its exploration and development budget for the next three years and warns that further reductions are possible depending on how long it takes to drive the frackers out of business. Before you grab the Kleenex, note that their quarterly profit was $3.3 billion, up 10% from last year.
Asked & Answered: “Will the Obama administration finally bring the CIA’s torturers to justice?” No. And we're not even going to talk about the things the Pentagon has done.
Fair Warning: Okladummy James Inhofe, the new misleader of the Senate Environment & Public Works Committee, who believes in neither the environment or public works, says there is nothing for the Senate to do about climate change because “man cannot change the climate” only God can. And God isn't on the Committee.
Pot/Kettle: Taliban leaders in Afghanistan have arrested Mullah Abdul Rauf Khadim, a Guantanamo graduate, for “anti-Islamic” activities.
Impractical Joke: The BLS reports that initial claims for unemployment fell 13.9% last week from the week before. I'm pretty sure it wasn't due to the BLS hiring mathematicians.
Two-Time Loser: Texas' Governor Goodhair & Glasses has again lost his bid to get the two felony charges against him - “abuse of official capacity and coercion of a public official” - dismissed. 'Everybody else does it' is not an adequate defense, even in Texas.
The Whites of Their Eyes: The rebirth of the 3% down payment is being celebrated by the banksters, who have forgotten why they ever reverted to 20% down. Here's a hint: Housing Bubble Burst.
Here's The Deal: In order to simply maintain current global oil production over the next decade, the oil industry must bring on line production equal to that of every currently producing oil well in the world. Enjoy $2 gasoline while you can.
Ben Franklin, 2.0: In Denmark, a dollar saved is now 99.5 cents.
Posted by Charles Kingsley Michaelson, III at 7:16 AM