GLEANINGS FROM THE PASSING SCENE … (Politically Uncorredted)

alfred_e-_neumannThe week’s selections:

California: Crowd funded, history’s most expensive poorhouse on 300 acres? (Report) (Where else?)

The economy: “… very troubling; most Americans lack savings” (Article) (Who saves at zero interest with QE rampant?)

 Energy: Another view of the U.S./Russia battle to control Europe’s winter hating (Article)

Immigration: Why Moslems in Denmark aren’t becoming Danes (Article)

Government: FISA secret court should be eliminated (Report) (It provides corruption …)

The economy: Interest rates drop at the Federal Reserve, skyrocket for credit cards and auto loans? (Article) (Because delinquencies are up)

The war On Single Family Housing: U.S. cities eliminating single family zoning? (Report)

The economy: A half million Americans are homeless? (Report)

California: Traditional lives collapsing under repeating power shut offs? (Report)

The economy: Analysis of the Federal Reserve banking problem and risk (Article)

More economy: How the Federal Reserve makes some richer, most poorer (Article)

Government: Cities outlawing dollar stores to protect big retailers?  (Article)

Iran: Again blocks internet/mobile to weaken protests (Article)

China: Capital flight illuminates financial quandary (Article)

North Korea: Update – All seems downhill (Article)

U.S. west coast seismic activity heating up? (Article)

The economy: The average U.S. millennial has a subprime credit score? (Article)

Cyberwarfare: Update – Asia (Article)

California laws restricting Uber, Facebook business models to be ignored? (Report)

Science: Impressive step toward nuclear fusion as a power source (Article)

Mexico: Security official arrested for drug cartel ties (Report) (Is Mexico actually cleaning up some?)

The war on the internet: The U.N. will pursue a Russia/China resolution for controlling internet info (Report) (Scary for freedom advocates)

Government, media and political Left suppressing attention to “Richard Jewell”, Clint Eastwood’s masterpiece questioning human government? (Article) (Of course)

Chicago: 5 dead, 33 wounded in weekend shootings (Report)

A naked man was arrested for attempted murder of police officer (Report)

That’s all …

 

EDITORIAL:         The Wonderful, Fully Employed U.S. Economy

 

Could the endless preoccupation of media and politicians with manufactured presidential impeachment, the manufactured North Korea threat and the driveling idiots running to oppose President Trump next year be an attempt to distract from the reality of the economy in which we must live?

In today’s highly technological milieu it seems that the numbers of those employed fwho earn enough to sustain a middle class life style continue to shrink. Housewives are nearly extinct, machines are replacing people, workers with multiple jobs are increasing but the share of income going to most of the population is declining. Full employment is no bad thing, but it can be useful to recall that during the middle ages, the serfs were even more fully employed than are Americans today …

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
This entry was posted in Economics, Goverrnment, Politics, Uncategorized and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s