DID ERDOGAN STAGE HIS OWN COUP?
'COUP' IN TURKEY FAILS...
TIMELINE...
CRACKDOWN: SOLDIERS, JUDGES DETAINED...
Army sees itself as guardian of secular constitution...
OBAMA: ALL PARTIES SHOULD SUPPORT ERDOGAN...
Egypt blocks UN resolution...
TURKEY TO BECOME ISLAMIC STATE?
Erdogan deeply divisive rule of 'Sultan'...
Mob behead soldier...
/
Documents detail alleged voyeurism incident at Ammon Target - IDAHO FALLS — A transgender woman accused of videotaping an 18-year-old in a Target fitting room admitted to detectives that she had made videos in the past of women undressing, according to court documents obtained by EastIdahoNews.com.
/
Black Lives Matter Celebrates Killing Three Cops In Baton Rouge….Obama Silent!
/
SUNDAY SLAUGHTER BATON ROUGE
3 COPS DEAD; SHOOTER MARINE FROM MO
GOV. PLEA 'STOP THE HATE'
LIVE
/
A Milwaukee police officer was shot in a “vicious” attack early Sunday as he sat in his squad car while colleagues investigated a domestic disturbance call.
The suspected shooter, identified by police as a 20-year-old West Allis man with two felonies on his record, was found dead in a nearby yard, they said. It aoppears his death was suicide,
The incident began as a response to a domestic disturbance call near South 17th Street and West Morgan Avenue at about 2 a.m. During that investigation, someone fired shots into the squad car, striking an officer “multiple” times,” Asst. Police Chief William Jessup said in a morning press conference.
The officer, a 31-year-old man with 13 years of service, was taken to Froedtert Hospital for surgery. Milwaukee police Sergeant Tim Gauerke said the injuries were not life-threatening.
“This is just another example of the risks our officers take each and every day to protect these citizens,” Jessup said.
The suspected shooter, identified by police as a 20-year-old West Allis man with two felonies on his record, was found dead in a nearby yard, they said. It aoppears his death was suicide,
The incident began as a response to a domestic disturbance call near South 17th Street and West Morgan Avenue at about 2 a.m. During that investigation, someone fired shots into the squad car, striking an officer “multiple” times,” Asst. Police Chief William Jessup said in a morning press conference.
The officer, a 31-year-old man with 13 years of service, was taken to Froedtert Hospital for surgery. Milwaukee police Sergeant Tim Gauerke said the injuries were not life-threatening.
“This is just another example of the risks our officers take each and every day to protect these citizens,” Jessup said.
As OfficerDownTheThinBlueLine.org reports,
A Milwaukee police officer was shot in a “vicious” attack early Sunday as he sat in his squad car while colleagues investigated a domestic disturbance call.
“Day Of Rage” Continues: Milwaukee Cop Ambushed While Sitting In Car
/
New Black Panther Party Sets Up Baton Rouge Chapter 24 Hrs Before Shooting
/
Worldwide Chaos About To Peak? Russian Armageddon Convoy Practices For World War III As Warnings Ring Out Loudly: ‘Something Strange Is Going On!’
/
Baton Rouge Shooting: 3 police officers killed, 1 suspect killed
/
Terrible scenes as mountain torrents crash down houses in China
/
29-Year-Old Black Male Dead After Killing 3 Cops, Wounding 3 More In Baton Rouge "Cowardly" Ambush
/
Cleveland Cop Responds To Baton Rouge Shooting: "Obama Has Blood On His Hands"
/
Morgan Stanley: "To Make Up For A 10% Drop In The S&P, Treasury Yields Would Need To Go… Negative"
/
City Council Meeting in Pensacola Opens With Satanist Invocation
/
Chart: The Epic Collapse of Deutsche Bank
THIS UNIVERSITY STUDENT IS NOW FACING EXPULSION FOR CALLING #BLACKLIVESMATTER ‘TRASH’
/
Is Putin’s Purge Of Top Russian Commanders An Advance Warning Of Large-Scale Military Action In The Near Future?
/
More Russian spies in Britain now than at height of Cold War...
China admiral warns freedom of navigation patrols could end 'in disaster'...
/
120,000 VENEZUELANS CROSS BORDER SHOPPING FOR SCARCE FOOD...
/
U.S. Warships Surround Disputed Chinese Waters, Prepared for War: “WWIII At Stake”/
/
John Kerry Threatens Turkey With NATO Expulsion
/
Black Panthers Gathering for Cleveland Confrontation - See more at: http://www.trunews.com/article/black-panthers-gathering-for-cleveland-confrontation#sthash.abvCFADq.dpuf
Black Panthers Gathering for Cleveland Confrontation - See more at: http://www.trunews.com/article/black-panthers-gathering-for-cleveland-confrontation#sthash.abvCFADq.dpuf
Black Panthers Gathering for Cleveland Confrontation -/
Does it not seem as though events are starting to accelerate significantly? Since I warned that something “had shifted” and that things had “suddenly become more serious“, we have seen the worst mass shooting in U.S. history in Orlando, we have seen the massacre of five police officers in Dallas, we have seen the horrifying terror rampage in Nice, and now we have seen the brutal murder of three police officers in Baton Rouge. On Sunday morning, the peace and quiet in Baton Rouge were shattered when “dozens of shots” erupted less than one mile from police headquarters. By the end of it, 29-year-old Gavin Eugene Long had killed three officers and seriously wounded three others. It was a crime fueled by pure hatred, and Long specifically waited for his 29th birthday to launch the attack… (Read More....)/
A legal team already fighting the Veterans Administration over bureaucratic procedures that arbitrarily deprive veterans of their Second Amendment rights now is warning the Social Security Administration, which is proposing the same process, that it still isn’t constitutional.
SOCIAL SECURITY UNDER FIRE FOR PLAN TO DISARM SENIORS 'Process denies basic elements of due progress to beneficiaries'/
Don Lemon and his BLM(BLACK LIVES MATTER) agenda shutdown :SHERIFF DAVID CLARKE OWNS THIS CNN REPORTER!
/
/Outrage after West Virginia politician demands Hillary Clinton be 'hung' on the National Mall for 'treason, murder and crimes against the US Constitution'
/
Breaking: Police Standoff at Home of Baton Rouge Cop Killer in Kansas City (VIDEO)
/
Video=> Shepard Smith Attacks, Lectures Bobby Jindal for Saying ‘All Lives Matter’ (Updated)
/
NATO ISN'T QUITE READY FOR WAR WITH RUSSIA YET
/
TRUMPS BORDER WALL WILL REMAIN ON REPUBLICANS PLATFORM
/
DEFCON Warning System - Update 7/14/16
/
Reports Conflict On Economy Direction
Various factors are simply not adding up to an "improved" economic outlook for America or the world. Report after report after report, day after day after day, contradict each other in their numbers, assertions and conclusions.
What these items all have in common is a behind-the-scenes war between analysts on how data is to be used. For instance, I have always used jobs and housing data as the twin cornerstones of my view of the economic health of America. But practices in the housing market data combined with millennials' view on housing may force an alteration in my perspective.
In the housing market, banks are no longer foreclosing on delinquent accounts as they once did. Thus the supply is kept artificially low--providing a boost in the price of housing based on the supply-demand ratio that is invalid. This boost in turn helps various governmental levels by providing a stronger property tax base than the economy can justify. To some extent, this game has been played every time there is a bit of sluggishness in the housing market but the problem may be here well into the future because millennials simply do not see buying a home as part of their American Dream.
On the jobs side of things, more people are in the workforce than have been there in a decade. But the population level has gone up so much we are still behind in the percentage of people in the workforce and in the number of Americans each job must support. The hidden danger here is wages earned, even with the additional people, is not keeping up. Each job, on average, pays less than it did a decade ago.
The Labor Department released a report today showing consumer prices have increased for the fourth straight month in June. The reason for the increase was laid at the feet of rising prices for housing, gasoline and---wait for it---healthcare!
Housing, i.e. shelter, is a necessity of life. Even early man found niches away from the elements, hence the term 'caveman'. But if the price is going up with total wages essentially flat-lined that leaves less for the consumer to spend on other things. Ditto the energy situation. But the last item comes directly from a government mandate. It is not a "necessity" for survival but rather a nice to have for the political class.
Whatever. The Labor Department counts healthcare costs as well as housing and energy in the Consumer Price Index so they computed a .2% gain for June and 1.0% yearly increase--the same figures given for May. But those three items together accounted for more than 8.7% increase year-over-year so everything else is falling.
Earned income is flat, or if you believe the payroll tax collections announced by the Treasury Department for the first nine months of the government's fiscal year, actually dropping for each job. How can this be measured in other areas of the economy? Take a look at national imports for a clue.
In a report on Wednesday from Labor, despite a slightly weakened dollar, import prices rose less than expected. Part of this was due to a sag in demand by the consumer. Consumer demand fell not because he doesn't want to spend but because he has less to spend.
This is the dilemma facing the country today. Even though a weakening dollar means better deals overseas the drop in money left over after providing the basic necessities needed by the family unit for living is hurting the economy. Consumer credit use cannot fill the void entirely.
Another measure of how the annual increase in consumer prices is pinching comes from the stock markets. Private investor participation in the stock market has dropped 17 consecutive weeks. Uncertainty could explain part of this drop but the loss of discretionary income and an unwillingness to significantly change spending habits on free will alone could mean more middle class people are covering necessary expenses by drawing against investment capital.
Either scenario puts more pressure on my forecasting cornerstones of housing and jobs. In the future, housing, especially single-family structures, may become the realm of the 'wealthy'. At the same time, non-living wage jobs may very well become the norm, meaning more people--even those with a job--will become dependent on government assistance for living without actually owning any capital assets in time of crisis. The third factor will be a bigger demand on resources to accommodate mandates of the Affordable Care Act; further eroding any possibility of gaining monetary reserves.
The economic end game currently in progress has no good outcome, despite the numbers coming from Washington or Wall Street. Those two entities are living in cocoons insulated--the inhabitants think--from the realities of Main Street. The game underway demands bureaucratic economists junk the old methods of observation because a dollar just ain't what it used to be so comparing today's dollar value to one even as short a time ago as the turn of the century is foolhardy.
The boat has taken on water. The consumer head is barely above water. When enough go under, the game is over.
"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson
/
Reports Conflict On Economy Direction
/
No comments:
Post a Comment