Thursday, July 02, 2015

Economic Statistics Very Lack-luster


The economic figures for June are lack-luster.  While unemployment fell to 5.3% keep in mind they used to regard four percent as full employment.  Over two hundred thousand jobs were added but more people left the work force than got hired.   So labor participation is setting new lows.  How interesting that republicans are so worried about this figure wanting housewives to get out of the house and get a job to show they’re liberated.  Employment gains for April and May were revised downward.   Wages have gone up very little in the past year.  I started to watch Obama’s Wisconsin speech but it dawned on me I wasn’t learning much about the economy from that.   I think the President lives in his own little world of what you might call “pre planned high points” meaning nothing but auto generated ego stimulation.

Seven Black churches have been burned since June 17th the date of the Bible study killing of those nine blacks in Charleston.  That high of a number can’t be “coincidence”.  One of them, they say, was spawned by lightning.  It would seem at first glance (and unless you have compelling evidence to convince me otherwise) there is still a lot of rampant racism in the South some fifty years after we thought the problem was solved.   One blog today elaborated on how some woman in Pakistan is to be executed because she used the wrong cup for her drink.  But it was pointed out that when Indians “offended” white people, we would not just execute the one who did the deed but burn their whole village and the farmland around it.  FOX is a major hate machine of our time, and everyone who watches it regularly gets morally poisoned by it.
generated ego stimulation.

The political and Christian right wing really does have a lot of anger issues.  Judy sent me two things of Rush Limbaugh transcripts.  One stated that the whole purpose of allowing gay marriage is part of an overall bigger agenda to go after Christians.  They point out that nobody is pushing for allowing gay marriages in a masque.  Leave it to paranoids like Rush Limbaugh to come up with something like that.  The other thing is “No matter how much you give the feminist libber left wing- - they only get angrier and more insistent with each new gain.  I don’t think either proposition is true.  You have to have a particular “mental bent” to think that way.  Judy once believed the Obama administration was in a conspiracy to “crash the economy” and some have said that the Affordable Care Act was “deliberately designed to fail” and the goal of both things would be to “start a revolution and get the people to demand a socialist government”.  People who think this way have a lot more belief in the left wing media (or whatever) than I have.  The truth is the right wing just operates on a diet of pure fear and paranoia.

Detroit’s bankruptcy was entirely political and not based on economic consideration.  It was a way for Governor Snyder to get control of the water system and slash pensions but keep those corporate subsedies coming.  It was my understanding that Thom Hartman would be off both today and tomorrow but Thom Hartman is live today.  He talked about this big rally in Madison, Wisconsin with Bernie Sanders that drew ten thousand people.  But this event won’t be covered in the network news outlets.  The Ghandi proverb was cited here.  “First they ignore you, then they ridicule you, then they actively fight and persecute you - - and then you Win”.   What candidate has the balls to say “The corporate world hates me and guess what?  I welcome their hatred!”  That was FDR in 1936.   Thom Hartman has been playing Bernie Sanders clips all morning.  It’s nice that they already neatly edited the speech up into twenty clips or so to play at their leisure.  Teddy Roosevelt said “We stand for a living wage”.   And he said it must be enough for to live a normal life and keep members of the family from immoral acts, and a reasonable standard to provide for education, recreation, sickness, and old age.  That speech was over a hundred years ago recorded by Thomas Edison himself.

 Glenda went to the hospital yesterday and may not be back.  I had notice Glenda not being around and so asked.  Last night Lishia told me that Glenda drank whiskey from the bottle regularly mixing it with the strong medication.  I didn’t know that.  The last time I saw her she appeared very sleepy.  I saw her twice yesterday morning.  If she’s going in for de-tox she’ll be gone for ten days.  I got my medication from Donnie around seven when he came in from out front.  (?)  People were waiting around at seven.  It was Jeopardy and then Wheel of Fortune.  I watched “Arrow” for the entire hour.  At nine I was intending to watch “Supernatural” but the next thing I knew it was nine thirty and I had dozed off.  I got up at ten to six.  Stephanie had one of her usual guests today.  I sat in the front room a while.  Finally I went to the store and Phyllis Green was waiting there.  We were joined by Luan and then Janet.  As of now I have paid Luan nine of the twelve cigarettes I owe him.  At Phyllis’s suggestion I used the French vanilla creamer in my dollar coffee, which made the coffee sweet.  I went first up here and then took the cup into the dining room.  We had oatmeal followed by a fried egg and toast and butter and jelly.  Bill’s therapist showed up before eight.  This will be the last time he’s here till late July to reestablish his qualifications.  About eight thirty I played the June 30th episode of “Ring of Fire”.   Now Macy’s is refusing to sell Donald Trump products.   The 30 Rockefeller center building is re-titled the Comcast building- - with the NBC peacock logo.  Now they are suddenly facing technical problems with the Thom Hartman show on Free Speech TV.  

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