Gongol.com Archives: February 2016
February 5, 2016
Deficits need to return to the public debate
If we don't reverse the direction of public budgeting, the country's going to pay in the not-so-distant future. Interest rates at all-time lows are simply buying us a short-term cushion from the pain.
Twitter shuts down 125,000 accounts for promoting terrorism
They claim most were supporting ISIS/ISIL/QSIL/Daesh. The suspensions aren't necessarily a perfect idea -- there's reason to believe that by casting terrorist supporters off Twitter, the mainstream may be chasing them to places that are harder to watch. There's quite often more to the story when it comes to cyberwarfare.
Republican governor of Massachussetts: Cruz and Trump are unfit to serve
Indisputably true
White House proposes $10 per barrel oil tax
And that's how you know it's nothing more than a stunt -- not a serious proposal. At $2 or $3 a barrel, directed specifically at subsidizing a next-generation energy future, virtually nobody could object. At $5 a barrel, it would be a tough sale, but might stand a chance given the right trade-offs. At $10 a barrel (when oil is barely above $30 a barrel), it's a punitive tax. Where they could easily have grabbed low-hanging fruit, the administration instead picks an unproductive fight.
Chinese-led group buying the Chicago Stock Exchange
And the great asset sell-off continues
Mogadishu flight incident was probably a bomb
Smuggled, possibly, on the person of a bomber posing as someone confined to a wheelchair
