Thursday, September 29, 2016
Word for the day: Deutsche Bank.
Serving And Projecting: Cops in El Cajon, CA, following the lead of several other police departments nationally, responded to a call to help someone by killing the person who needed help. He was acting “erratically”. Immediately after the shooting, cops descended on local residents and confiscated cell phones. Interestingly, police departments that have strong policies regarding killing civilians don't kill as many civilians as those that don't.
It Says Here: Trump telling women to drop to their knees is “completely innocent.”
Simply Wrong: Larry Summers notes that “A simple linear trend suggests that by mid-century about a quarter of men between 25 and 54 will not be working...” that would be about double today's rate. Naw, doesn't seem likely to me, either.
Seriously: The Dutch government, accepting its responsibility to avert “the imminent danger caused by climate change, is moving to shut down its entire coal industry and close its five existing coal-fired power plants by 2020, including three that came on-line only last year (five older coal-fired plants were shut down last year). The cost is estimated at $7.9 billion.
Quoted: Eric Trump, the third child of The Donald's first of three marriages said that“It took 'courage' for my dad not to mention Bill Clinton's infidelity,” during the debate. In answer to the question on terrorism?
“This year is different.” The Arizona Republic, a bastion of “conservative ideals and Republican principals”, has endorsed a Democrat for the Presidency for the first time since its founding in 1890.
Catch 22: The Russian journalist who filmed election fraud as it took place has been arrested for election fraud.
Day Late, Several Dollars Short: The IMF now, finally, at last, sees that globalized free trade benefits “only a fortunate few.” Just as the NY Fed notes that real wages for most of the workforce have been undergoing “negative growth” and getting worse.
Talking Turkey: If everybody that Erdogan has had arrested, detained or fired for taking part in the failed coup had actually taken part in the coup it would have succeeded.
New Kid On The Block: Amazon, which intends to wrest the delivery business away from UPS and FedEX, now has 'fulfillment centers' within 20 miles of 40% of the US population.
Handily: Last year, 1 in 5 American households with children could not afford to buy enough food for their families.
Slowly, Slowly: Global container shipment volumes have not grown this year, the worst performance since 2009 as globalization growth seems to be peaking.
Polls: The huge number of undecided voters – 15 to 20% of those polled - is a reflection of the distaste common among voters to vote for either candidate, and that makes the polls highly suspect.
Things You Already Knew: “Texas is less rational than other states.”
Porn O'Graph: Ups and downs.
Posted by Charles Kingsley Michaelson, III at 7:59 AM