“Financial
markets
contribute
little,
if
anything,
to the betterment
of lives
and the efficiency
of business'”
Off
Tracks: Again
this month Caterpillar's retail sales are down throughout the world –
which makes 33 consecutive months of contraction. There's a message
in there – either someone's stealing their heavy equipment business
or no one's in the “needing heavy equipment' business. I pick door
#2.
Qualifications:
Mega
accounting firm Ernst & Young, which has previously been one of
the UK's largest recruiters of college graduates, says that their
years of experience with graduate associates has taught them that
there is “no evidence” that a college degree is a pre-requisite
for success in life, so
they will no longer
seek nor require college degrees in its hiring practices.
Protecting
& Serving:
A cop in Miami
handcuffed a kid and put him in a squad care following an altercation
at school... over a toy. The suspect is five.
The
Company Store:
Governments are examining ways to do away with physical currency and
replace it with contactless
credit/debit
cards. Once “money”
exists only as electronic digits in government monitored bank
accounts, they will own us completely. Buy and bury some precious
metals, just in case.
The
Price Is Right:
Martin Shkreli, the hedge fund slime charging $750 a pill for a
60-year old drug that sold for $13 a tab before he got his greedy
hands on the rights, says that the drug is worth a lot more than $750
because people really, really need it to survive. Your money or your
life. Or first the one and then the other – asked if he would
consider lowering the price for those who couldn't afford it, Shkreli
simply said “No.”
Hope,
Springing Eternal:
The Economists suspects that “the golden age of the Western
corporation may be coming to an end.”
Crazies:
Billy Graham's kid, Franklin Graham, says that the President will
have the “blood of children” on his hands if he doesn't kill
Planned Parenthood's federal funding. Some GOPers
in MI claim Planned Parenthood encourages teens to get pregnant
so the group can make money performing abortions. House
Republicans are
likely
to
shut down the federal government to make sure everyone knows they
don't like providing healthcare services to women. Best of all is
Carley Fiorina who insists
that you watch a non-existent video of things that never happened
before you can talk to her about the things that didn't happen.
Crime
Fighter:
Pennsylvania's Supremes have suspended PA Attorney General Kathleen
Kane's law license
while she defends herself against felony charges. How can she
continue as the state's top lawyer if she can't practice law?
Condensed
Version: It
comes as no surprise that the US is unsure which terrorists to back –
which explains the nation's penchant for creating their own.
Porn
O'Graph: The
trend is ot your friend.
2 comments:
Why not both? China's silkworms are probably eating a bit of Caterpillars breakfast as well, though mostly in the low end equipment. Just like China is taking large swaths of rail, military and other equipment markets.
Chairmen of large corporations sold China the rope with which they will hand their successors; but what do they care as long as the short term sugar high lasts till they collect their retirement bonus?
RE "The Company Store": At the rate we're going the question is who will have any money left for the Big Boyz to control? I already trade/barter for a fair portion of our fresh food budget and I'm not really trying. Barter and grey market labor exchanges exist because so many have fallen off the truck in our "booming economy"(TM). Our country's race to the economic/labor cellar seems likely to induce ever more grey and black market maneuvering even as the technocrats and their corporate handlers push for ever more control.
RE "The Price Is Right": Yet more evidence, as if we needed any, that way too many of our revered corporate "job creators" are seriously twisted sociopaths. Watching this character being interviewed was truly creepy. As he attempted to justify the price hike plus his comments about his responsibility as a businessman he reminded me of Joseph Goebbels discussing the "Jewish problem".
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