Thursday, July 28, 2016
In choosing a leader we are agreeing to be led.
Trumped Card: The Donald has invited a foreign power to illegally access State Department records and private emails to help him win the presidency, and in return he would, as President, he’d recognize Russia’s right to Crimea as he turns NATO into a protection racket.
Levitation: While the US stock markets are hitting new highs, orders for durable goods continue the longest decline in US history. While the data jumps a lot month to month – this month was impacted by a plunge in aircraft orders which offset the previous month's gain from transportation orders – the long term direction continues downward.
More For Less: Reports show that the more a CEO is paid, the worse his company performs. Makes sense, they are too busy looting their companies to actually manage anything but their retirement portfolios. For example, Marissa Mayer at Yahoo.
Too Big Is Failing: Deutsche Bank, one of the world's largest TBTF institutions is failing. Its 2Q net income fell from €818 million last year to a paltry €20 million this; a 98% drop. Heads will roll, from middle management and the clerical staff no doubt.
Indisposed: As the atmosphere's CO2 levels grow, so does the amount of CO2 dissolved in the ocean, and that increases the water's acidity which in turn significantly decreases the level of reproduction by fish.
You've Been Warned: The Olympic Committee has ruled that people and organizations who have not bribed a Committee member are prohibited from tweeting about the Olympics. That means you.
Even Worser: It seems that even scientists have been astounded by the rapid response of the earth's climate to increased CO2 levels – they knew things were going to get weird, but didn't expect the heat and the downpours and the storms to turn up so soon or to be so extreme.
Inslight: Fox Nattering Nabob Bill O'Reilly cautions Americans not to take Michelle's observation that she “wakes up every morning in a house built by slaves” too seriously because those particular slaves “were well-fed and had decent lodgings.”
A Parting Shot:
Posted by Charles Kingsley Michaelson, III at 6:23 AM