A "libertarian" leftist with a dark sense of humor offers snarky commentary on the day's events and much, much more.
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"First" of the Day: Fall in new home sales
Published on 2010-08-25 16:13:00
The annualised rate of new homes sales fell 12.4% in July to a seasonally adjusted rate of 276,600 a year, the US Commerce Department said. That makes it the slowest rate since records began in 1963.—BBC reporting in "US new home sales in sharp fall" Why would anyone in her right mind buy a new home when there are so many perfectly good homes selling for a fraction of their original cost? Related posts High of the Day (6/15/07) "First" of the Day: Home foreclosures (12/06/08)
First of the Day: US fatality in Iraq after combat troops pulled
Published on 2010-08-23 23:36:00
An American soldier was killed by a rocket strike near Basra today, in the first US fatality since the last combat troops left Iraq. —Martin Chulov reporting in "First US soldier killed in Iraq since withdrawal of combat troops" Chulov reports that— General Raymond Odierno told CNN the remaining troops could move back to combat if there was "a complete failure of the security forces", or if political divisions split the Iraqi security forces. "But we don't see that happening," Odierno
Quote of the Day
Published on 2010-07-22 03:59:00
If we have a US slowdown with a fresh financial crisis, everybody is going to want to buy the Swiss franc, along with bottled water, tins hats, and a shotgun. —David Bloom, currency chief at megabank HSBC, as quoted by Ambrose Evans-Pritchard in "Swiss endure safe-haven agony from euro flight" Tags: Swiss franc, currency, great recession, economic depression, fall of the West
