Baby Steps: The military junta that stole Egypt away from the Arab Spring and overthrew an elected government has sentenced 683 members of the Muslim Brotherhood (which won the election) to death, as it marches towards democracy.
Barely Essential: Why Is Blackwater
Rains, Poors: With 100% of California now in drought conditions and the only water available is being parceled out very stingily by the federal government, pot growers face dire times & pot users can expect to pay higher prices to get high.
Late To The Dance: PBS has become aware that “new surveillance techniques” might raise privacy concerns. Might? Concerns?
Somebody Just Noticed: The Times has just now breathlessly reported that The Recovery has created “far more low-wage jobs than better-paid ones.” Okay, we've noted that, too, but what is the usual ratio of well-paid to low-paid jobs in our economy?
Unforgiven? US commercial lenders have increased their holdings of government debt every month this year and now hold $1.85 trillion – within 2% of the record high from 2012. Banks can't find sufficiently credit-worth applicants – individuals or corporations – to lend to, so just as the fed keeps printing, the banks keep stashing this new money in US notes. Which does nothing to help the economy recover, but acts as free money for the banks and bankers. It certainly makes the banks sounder, they're not taking any risks at all.
RSVP'd: In five years of pin-pointedly accurate drone strikes, the US has killed at least 127 of the top 25 al-Qaeda leaders, some of them several times, as well as several hundred freeloaders who crashed the wrong wedding parties.
Potish Kettling: Turkey has called on the EU and US to condemn the death penalties handed out in Egypt, without mentioning the decade-long suppression of dissent and imprisonment of journalists by the corrupt and vindictive Erdogan regime.
Penny Saved: Apple's cash horde has fallen from $158.8 billion to a paltry $150.6 billion, so the poor baby will have to issue some bonds in order to give $90 billion back to its shareholders in the form of buybacks. Yeah, I know the math doesn't make sense unless holding cash is more profitable than borrowing cash, but what do I know, I'm not an iPeople.
Cowboys In Drag: For over a hundred years the federal government has let miners, loggers and ranchers use (and abuse) public lands in the west for a fraction of its value. Now one of these wellfare queens, a racist named Bundy, has been caught not even paying the greatly discounted fees he owed and somehow – just like most of the rest of those freeloaders - magically transformed himself into a rugged individualist confronting the evil government (which in this case is you and I). Bundy is the quintessential libertarian, stealing from the public with no regard for others or the common good. In short, a thief.
The Parting Shot: