Monday, August 1, 2016
Best Friends: The US/NATO airbase at Incirlik airbase at Adana,Turkey has been surrounded by 7,000 of Erdogan's troops who are conducting a “safety inspection.” This after Erdogan told the US Director of National Intelligence to “know your place.” The servants are getting uppity.
Panting On Fire: First The Donald said the NFL sent him a letter complaining about the fall presidential debate schedule and they said they didn't. Then Mellow Yellow then said he declined to attend the Koch brothers' conservative donors' conference and they said he wasn't invited. Finally he claimed he had sacrificed as much as the parents of a dead soldier by creating thousands of jobs while going bankrupt and getting rich. He also doesn't understand why he doesn't get praised for raising $6 million for veterans just because he didn't.
Unluck Of The Irish: Ireland has sentenced three top officers of Anglo Irish bank to jail for up to three years over their part in the 2008 banking meltdown,. They only cost their taxpayers 64 billion euros and go to jail for a few years; ours got a way with more, did more damage and got to go to the Hamptons.
Recovery, Yea! Second quarter US GDP growth rate was 1.2% (less than half the expected 2.6%) while the unemployment rate has declined to 4.9%, leading some to suggest that GDP growth in the near term could collapse to near zero, as the non-consumer portion is actually shrinking into negative territory.
Home Sweat Home: Home ownership in the US is at its lowest level in over 50 years.
Welfare Welfare: In 2011 -2012, the Cameron government forced welfare recipients to work a 30-hour week without pay for various companies and charities in order to qualify for a £73 benefit. That works out to about $3.50 an hour for the 'unemployed' and a whole lot more for the real beneficiaries.
Porn O'Graph: Less is more.
A Parting Shot:
Posted by Charles Kingsley Michaelson, III at 7:40 AM