Today Paris was rocked by explosions and gunfire. At least 40 are deadso far. Oops, make that at least 60. Nobody yet knows who is responsible, or why. Of course that is subject to change at any moment. Not even the American media dares call it “terrorism” just yet — although it is surely on the minds of many people.
Most Presidential candidates are against it, including Trump, Jindal, and Kasich.
The Financial Times is trying very hard to tow the middle line and calls it a revamp of international arbitration (which seems to me like curing Tuberculosis with a shotgun).
The Boston Globe pretty much says that there’s good and bad, but it’s much too complicated for a “straight up or down vote”, which is exactly what the Senate is going to do thanks to Fast Track Authority.
Yesterday there was a report on jobs and employment in the United States. And the news was good. In fact, the news was better than anybody expected! Unemployment is at a 7 year low. The economy is not just showing signs of growth, but robust economic growth.
Now all the Very Smart People are talking about how the Fed will now have an excuse to raise the interest rates banks charge one another when they meet next month. Some are saying that’s a bad thing. However, I think it’s longoverdue.
Apparently, former Fed chief Ben Bernanke has a new book about how he saved Christmas the economy. That means a bunch of econ bloggers and Serious People have to saysomethingabout it. The NYT Sunday Book Review likes it, although they called it “a bit of a slog.” You can buy your own copy here.
In Closing:least of our worries; unfortunately I don’t see a way to solve this problem; I bet we laugh at this fashion trend a decade from now; yeah that’s a problem; breaking the rules; maybe you could have educated the patient up front?; and voting.
An Arizona grandfather has been arrested and accused of leaving his five-year-old granddaughter alone in the desert with a loaded and cocked .45-caliber handgun and the instruction to “shoot any bad guys,” authorities said on Monday.
Maricopa County Sheriff Joe Arpaio told Reuters by telephone… “I don’t know how a five-year-old can tell a good guy from a bad guy, but that’s what she said she was told.”