Not many present day investors remember what happened in the market due to the Watergate investigation. They were either not born or not interested. Here is a short chronological summary. June 1972, the breakin occurred and the perpetrators were arrested. Post election, the dow moved up from about 950, peaking out at 1060 in early January 73. In January 73, the Watergate trial started Archibald Cox was was appoiinted special prosecutor. The market responded slightly downward. In August, Opec placed an embargo on oil to the USA due to our meddl
How can this not remind us of the aging pipelines carrying oil sludge and crud which now exceed their engineered longevity or are being built in risky locations. The solution (like that of DC lawmakers) is to assure us that all is ok, while in reality the pipes may fail at any moment, dumping poison into our aquifers and even polluting the Great Lakes where they cross the Straits of Mackinac between the upper and lower Michigan peninsulas.
U.S.-led coalition airstrikes are believed to have killed over 200 people in a single day in Iraq. U.S.-led coalition airstrikes in Iraq and Syria that has killed as many as 1,000 civilians in March alone. US military said that its deliberate bombing of a hospital in Mosul, Iraq last month as part of the ongoing coalition effort to retake the city from Islamic State forces may have killed civilians.
FYI we have produced ~27% of all CO-2 emissions since 1850. That is more than a quarter and is why we bare responsibility to all of mankind and should be paying more for it. Pay up time Donald!
Surprised Trump Kowtowed to Saudi Royalty?
Channel 5 News here in Nashville reported a few mornings ago that shootings in Nashville are up 55% over last year. Of course, immediately, they had a right wing "think tank" expert on who claimed it was because of drugs. I am assuming they will therefore propose more draconian drug laws that will ("amazing!") result in more drug related crimes. I also assume the resulting rise in stock for Tennessee-based Correction Corporation will make stockholders very happy.
Firs, he had a loyal corps of ignorant White Trash who adored him. They loved to see him slap down the smart kids who had so humiliated them for so long.
Second, the DNC tried to lose by tilting the scales for the most despised woman in America. And DNC insiders still have the attitude that they know best and must keep the hoi polloi from making decisions. Their current revival of Cold War propaganda with "the Russians did it" is both laughable and disgusting.
The removal of the confederate monuments in New Orleans is long overdue. In fact, all such monuments celebrating the confederacy should be removed along with all State flags that have the St. Andrews Cross because they are disguised confederate battle flags. On this Memorial Day it should be remembered that the finest army this country ever raised and arguably the finest army in history was Abraham Lincoln’s Union army.
To make "Trickle Down" work,
The 1% should pay more into the US Treasury
than the 1% is taking out.
Definition of Democracy: A form of Government in which the COMMON PEOPLE choose Representative Leaders by Voting.
The definition of Democracy justifies the Ratification; Enactment, To The Constitution,
an affirmative entitlement of the
COMMON US CITIZENS the
Right To Vote.
New York Times
May 23, 2017
WASHINGTON -- Congressional Republicans greeted President Trump's first full budget on Tuesday with open hesitation or outright hostility.
But it was not clear that they could come up with an alternative that could win over conservatives and moderates while clearing a path for the tax cuts and policies they have promised for years.
The budget battle ahead mirrors the continuing health care fight in which concessions to Republican moderates alienate conservatives, while overtures to conservatives lose moderate votes.
Kansas Gov. Brownback's experiment in tax-cuts-for-the-rich-austerity-for-the-poor has been a demonstrable failure.* Yet, this fact gets little attention as our leaders herd us toward a tinderbox that could become the next American Revolution. Instability is not good for anyone: not for the wealthy, corporations, small businesses, the middle class, and especially not the poor.