Gongol.com Archives: August 2017
August 8, 2017
A recession only some people are feeling
It's hitting the Midwestern ag economy hard. Important: "A full repeat of the 1980s is unlikely[...] But it doesn’t remove the fact that the current downturn is severe[...]"
"Fire and fury like the world has never seen"
The President makes threats to North Korea. Strength is one thing, and bluster is another. Remember the words of Dwight Eisenhower: "[O]ur basic national objective in international affairs remains peace -- a world peace based on justice." Also Eisenhower: "We seek not violence, but peace. To this purpose we must now devote our energies, our determination, ourselves."
Visitors from Chicago tour landmarks in Cedar Rapids
Gives one cause to wonder: Which of today's architects are leaving behind work that people will still tour with interest in 100 years?
It's hard to see the debt-to-GDP ratio not reaching 100% in the next ten years
Things look distressing if low interest rates remain. But if they revert at all towards historical norms, things could look downright awful.
Grassley accelerates investigation of Trump campaign through Senate Judiciary Committee
Most of the interesting stuff thus far has been happening at the Senate Intelligence Committee. Judiciary has been largely sidelined for a while.
If they gathered in a single place, they would outnumber the entire population of Nebraska
Lots of Russian flights in the Baltic with the transponders off
Radio Poland says "Most of the Russian aircraft did not respond to air traffic control."
North Korea might now have a miniaturized nuclear warhead
Tie that to one of the missiles they've been showing off, and there's a real problem
IED at Bloomington (Minnesota) house of worship
An offense to all reasonable, Constitution-adhering people