Saturday, April 30, 2016
Litmus test: Single-payer health care, universal voter registration and a carbon tax.
Pogo, Etc. “‘The Democratic Party has to reach a fundamental conclusion: Are we on the side of working people or big-money interests? Do we stand with the elderly, the children, the sick and the poor? Or do we stand with Wall Street speculators and the drug companies and the insurance companies? … our job is to revitalize American democracy.'”
Overreach: An investor-state dispute settlement (ISDS) tribunal – the corporate extortion mechanism built into TPP and TtiP – ruled that Russia had to pay $50 billion to the former stockholders of Yukos Oil. In that Russia was not a signatory of the trade agreement that suit was filed under, they're not going to pay.
No Runs, No Hits, Lots of Errors: The Fed once again has failed to revive the economy. QE didn't work. Zero (and occasionally negative) interest rates haven't worked. Core Personal Conception Expenditures – a measure of inflation the Fed wants at 2% - has fallen last quarter to a dismal 1.6%. But those who actually buy food when they can afford it have seen food prices up 10% in the last four months, which translates to a 30% inflation rate. Let's face it, the central bankers and their economists haven't the faintest idea what they're doing.
Stacked Deck: The US, after investigating the intentional bombing of a civilian hospital in Afghanistan that killed 42 civilian doctors and their patients, has ruled that the obvious war crime was, in fact, not a war crime, but “disciplined” 16 soldiers, including one general. Must have been investigated by the same lawyers who discovered that torture wasn't actually torture when the US does it.
Sooners: In Oklahoma, if you get your date drunk enough you can do anything you want and it is not a crime – because sexual assaults “cannot occur where a victim is so intoxicated as to be completely unconscious at the time of the sexual act”. I'm not letting my daughter even drive through the damned state.
Accountability: Shawano,Wisconsin has adopted an ordinance that will result in fines for parents who cannot teach their child not bully others. Yeah, a form of bullying.
A Parting Shot:
Posted by Charles Kingsley Michaelson, III at 6:06 AM