Monday, October 3, 2016
Complicity is an interesting word.
Cart/Horse: The Larry Summers headline claims “The Decline of the Middle Class is Causing Economic Damage”. Sorry, Larry, but it's the other way 'round. Mr. Summers also thinks (thinks?) it is time for more governments to start propping up stock markets by buying stocks outright, on a regular basis. (Yellen likes the idea.) But even Larry understands that “we are fairly near the end of the rope.” Imagine, they let this guy teach at Harvard.
Precisely: India conducted several attacks against Pakistan. As these were “surgical strikes” and not acts of war, no biggie despite causing “significant casualties”.
Redlining: In 2006, when the banks were setting borrowers up to fail, African-Americans made 8.7% of house purchases. It's down to 5.5% today, when at least the pretense of decorum is required. A sociology class could have fun with those numbers, compared to population demographics...
Dialog: "F--- this guy I’m going to hit him.” “OK. Go for it. Go for it.” And they did, missed. Then the Sacramento cops got out of their car and shot the mentally ill homeless man 14 times.
A Fine Mess: The GAO, agreeing with the Congressional Research Service, says that the administration's diverting funds ($16 billion so far) from the US Treasury to pay insurers under the ACA is unauthorized, inappropriate, and illegal. The also talked about “criminal investigations into those who authorized the illegal payments.” Sure.
More? A 15-year old middle schooler from Prince William County, Md went through the lunch line, got the free lunch he is entitled to, and then went back and got a 65-cent carton of milk, which he was also entitled to. But the cop on duty didn't think so, so he accused the kid of stealing the milk. Cooler heads did not prevail and the kid is now going to trial for theft. Everybody else involved should go on trial for stupidity.
Words To The Rise: “Do not resist” is the advice to everyone encountering any of our warrior cops – which seems to be most of them. Remember, in training they are told that the best sex of their lives will come right after they kill someone.
Perfectly Legal: Donald Trump's 1995 tax return shows he lost $916 million that year. Quite possibly the “tax loss carry-forward” would have left him paying no tax for a decade or more. Nothing illegal, just an example of how the tax laws coddle real estate tycoons. As the man said, he was just being smart. You, you pay taxes, don't you. Not smart
Fairness: NJ's Democrats have gone along with Governor Christie's plan to cut the estate tax for the rich by raising the price of gasoline for the rest by 23 cents a gallon.
Porn O'Graph: Headed toward the finished line.
A Parting Shot:
Posted by Charles Kingsley Michaelson, III at 7:30 AM