WEB Notes: The markets have been artificially propped up since the 2008 crash. When it comes time to start raising rates at some point that will no doubt be a part of the collapse of the current world structure. It does not mean it will be right away, but it does mean they are starting to peal off the band aid and a sore still remains under it.
President Obama and German Chancellor Angela Merkel shared an optimistic vision for a new kind of globalization on Thursday, tacitly rejecting the more isolationist philosophy that drove President-elect Donald Trump’s campaign.
A guy looked at my Corvette the other day and said I wonder how many people could have been fed for the money that sports car cost.
I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL. at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT,… I have to admit, I guess I really don’t know how many people it fed.
It is not uncommon to keep the public in the dark about a site containing vital telecommunications equipment. But 33 Thomas Street is different: An investigation by The Intercept indicates that the skyscraper is more than a mere nerve center for long-distance phone calls. It also appears to be one of the most important National Security Agency surveillance sites on U.S. soil — a covert monitoring hub that is used to tap into phone calls, faxes, and internet data.
The US Geological Survey said Tuesday that it found what could be the largest deposit of untapped oil ever discovered in America.
WEB Notes: It is so healthy 95 million plus Americans still do not have a job.
AT&T is currently working with NASA to develop an Unmanned Aircraft System Traffic Management program that will enable agencies across the country to monitor drone activity.
The cost of living in the U.S. rose for a third consecutive month, driven by fuel and housing, indicating inflation is moving closer to the Federal Reserve’s goal.
A powerful bomb blast ripped through a Sufi shrine in southwestern Pakistan on Saturday evening, killing at least 52 people and wounding at least 100 others, officials said.
A few would-be burglars learned the hard way not to mess with grandma. Just as Elaine Stiehl, 78, was about to take her nap, she heard a noise coming from the front of her home, Coweta County Sheriff’s Office spokesman Lt. Col. James Yarbrough told the Atlanta Journal-Constitution. Stiehl grabbed her pistol, loaded it and stepped into the hallway to find two men, who allegedly broke into her home, police said.