GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

alfred_e-_neumannYour current batch:

China’s “Social Credit” system coming to America (Article) (Inevitable? What do you see?)

The war on the internet: Justice Dept pursues monopoly probe against Google (Article)

Government: U.S. visa applicants must provide social media history/access (Article)

More government: Airport style body scanners coming to public spaces (Article)

The war on drugs is totally idiotic? (Article) (Unhappily realistic)

Education: New York teachers trained to discriminate against white students? (Report)

More Education: New York City advertises for black teachers (Report)

Chicago: 10 killed, 42 wounded in weekend shootings (Report)

Major British hedge fund blocks redemptions (Article) (Who has eyes to see, let him see …)

The economy: What is really going on (Article) (If you agree …)

China: Update (Article)

The culture: Fort Worth school board votes to fire teacher who tweeted anti-immigration query (Report)

West coast mini quakes continue (Article) Risk rises (Report)

Illinois: Electric vehicle owners will pay double registration fees? (Article)

The economy: 59,000 homeless in L.A. – up 12% (Report)

Government: Australian police raided national broadcaster over leaked war crimes stories (Article)

Naval war: What is the future of surface warships facing anti-ship missiles? (Article)

China: Replacing the Soviets in a new U.S. cold war? (Article)

Government: Street lamps are becoming data sources/surveillance tools? (Article)

More government: U.S. hides billions in military spending from public as debt rises (Article)

Extinct volcano awakening in Russian far East (Report)

Immigration: Feds allowing illegals onto planes without required documents? (Report)

Surveillance: Cops partner with Amazon on neighborhood doorbell cameras (Report)

New software edits videos like cut, copy, paste edits documents (Report)

The internet: German police conducted dozens of raids over online “hate speech” (Report)

Immigration: Hypocritical maltreatment of illegal children by open borders advocates? (Report)

Corruption: A Nobel winning economist explains U.S. government economic fraud (Article) (Recommended)

Immigration: Caravan funding coming from America (Report) (Duh!)

Government: Give us your passwords or go to jail – police pursuing cell phones (Article)

The climate: Leading climate professor says earth human population now 7 times too large? (Report) (Malthusians persist)

The culture: Fewer than half of U.S. crimes are solved? (Article)

Government: G20 finance ministers agree to pursue more taxes from big tech (Report) (Guess who ends up paying?)

A naked man was arrested after a hammer assault upon a wall (Report)

And that will do …

 

EDITORIAL:              WILL THE FEDERAL RESERVE PROP UP OR PULL THE RUG FROM TRUMP?

 

Prez Trump is loud enough re keeping interest rates low and credit plentiful; he does not wish to be the next Herbert Hoover in the next financial failure. And the U.S. seems overdue for recession. The Prez appears to be balancing on a high wire in a developing wind as global trade seems to be slowing amidst “My tariff is bigger than your tariff” theater.

However, the longer financial reconciliation with reality is held off, the worse the economic and political damage will be. Trump appears to reprise King Louis: “Apres moi, le deluge!” Will the Fed keep rates low and dump funny money onto the economy from helicopters as past Fed Chair Bernanke to please the Prez or will it continue lifting interest rates toward sanity to save a LOT of folks’ pensions? If business slows much longer, we may find out pretty soon, seems to us.

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much)
This entry was posted in Economics, Goverrnment, Politics, Uncategorized and tagged , , , . Bookmark the permalink.

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