Friday, April 24, 2015
Occam's Razor: “Facts not in evidence” covers most of the utterances of the GOP wannabes.
Tax Broke: Louisiana State University says it is planning to seek bankruptcy protection because Gov. Jindal's [Republican] budget has cut state funding from $3,500 per student to $660 per student. Bobby says the cuts were necessary to spur Louisiana on in it's race to the bottom.
Observed:. Bankers have impunity, teachers do not. For example, Deutsche Bank will pay a $2.5 billion fine for rigging interest rates on trillions of dollars in mortgages. No one goes to jail, while millions went to the poorhouse. No one paid back their bonuses, either. But cheating on a test in Atlanta put folks in the slammer.
Prospectus: Saxo Bank's Chief Economist Steen Jakobsen, speaking for us all, says “"We have zero growth, zero inflation and zero hope."
The List: Michael Bennet of Colorado. Maria Cantwell of Washington State, Ben Cardin of Maryland, Tom Carper of Delaware, Bill Nelson of Florida, Mark Warner of Virginia, and Ron Wyden of Oregon. Traitors all.
Need: The IMF says that the net effect of “multilateral liberalization” (for which read globalization of greed) has increased consumption in the effected economies by as much as 0.014%. That's 43 cents a month per person in the US. While the same “expanded trade” has cost the average US worker about $150 a month. Sounds like a good deal; bring on the TPP.
Back To The Future: NASDAQ is finally back to the level it was at fifteen years ago. Whoopie.
Naturally: There are efforts underway to replace the unicorn as Scotland's National Animal with Nessie (of Loch Ness fame), because unicorns aren't real.
Here And After: Reports indicate that most Swedes will die with mortgages on their homes that exceed 370% of their income. So then what?
Fifty-One: Puerto Rico’s government is “most likely” to shut down within three months because of a “liquidity crisis”. Which is a polite way of saying they're going to run out of money.
Point Of Origin: While the Republicans and Fox bemoan just over $2 million in foreign contributions to the Clinton Foundation, the Koch brothers are offering $300 million to the Republican wannabe who sucks up to them the most.
Close Reading: “When researchers pencil out a 72-year drought, California... “ Whoa, a 72-year drought?
Porn O'Graph: The way we were. And are.
Posted by Charles Kingsley Michaelson, III at 7:51 AM