Some stuff from "Some Assembly Required". Please follow link to original -- follow his links to his originals. Don't worry, it's not too much work -- every time I do it, I actually learn something.
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http://ckm3.blogspot.com/
Faster Than Expected:
Some 900 cubic kilometers of ice has disappeared from the Arctic so far
this year – 50% more than was expected. The volume of Arctic summer sea
ice has dropped 70% in the last 30 years. At this rate summer ice will
disappear within a decade. The Arctic is very vulnerable to global
warming's impact and the consequences include increasing volatility in
US weather due to jet stream instability. Something's happening here,
and what it is is increasingly clear.
Inconvenient Data:
The CBO says that on a per-beneficiary basis costs of Medicare and
Medicaid spending have grown less rapidly than costs for private health
insurance in recent years, thus it is difficult to claim that government
healthcare spending is “out of control”.
No Means No:
Filling in for the vacationing Frau Merkel, deputy chancellor Michael
Fuchs cleared up any question about further aid to Greece, saying that
Germany had "reached the limit of its capacity" over additional EFSF
payments to Greece. He also made it clear that Germany does not want the
ECB to act as “a money printing press in disguise”. Their money, their
rules.
Hot Enough For You?
Climate models predict that droughts will become an increasingly common
feature of life in the US – and in most of the rest of the world's
agricultural areas - in the coming decades. At this point it seems fair
to point out that so far climate scientists have been overly
conservative in their predictions.
Clear And Present Danger:
A nationwide analysis of US election fraud since 2000 has found ten –
exactly ten – cases where in-person voter impersonation was alleged. Not
proven, alleged. This is the terrible threat to democracy (and
Republican candidates) that the voter ID laws are going to prevent.
Belly Up To The Trough:
The American way of greed is now poised to capture the taxes that pay
for public education, as they cheapen education as much as possible and
pocket literally billions of ill-gained dollars. The golden moment
arrived on the back of Bush's pseudo testing spawned by No Child Left
Behind, and the destruction of Teacher's unions. Look at Louisiana and
tell me you want your kid educated this way.
The Twins: Romney's choice (?) of Ryan seems an act of desperation. Running on a platform that advocates privatizing Social Security, demolishing Medicare and Medicaid, and putting women in burkas is not a proven winner.
Will Romeny, who has been reluctant to acknowledge his most important
legislative accomplishment, now boldly adopt his VP’s draconian
budgetary ideas?
Friday: Retail Sales, Industrial Production
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Retail sales* for Oct...
13 hours ago
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