New unemployment claims fell last week to 326,000, a 5 1/2 year low. July's survey of employers showed 162,000 new jobs created, this is about three times the rate of population growth. The odd thing was that 92,000 of these jobs went people 55 and over, with only 15,000 going to prime age workers 25-54. This could be taken as a good sign since workers over 55 have been systematically passed over for jobs since the Bush Crash.
Recent college grads got the other 55,000 new jobs. Not that a college education is necessarily worth much in a post-industrial, post-middle class country like the US. Forty percent of the people who make less than $10/hour have some college education. Plenty of young lawyers and engineers work at Best Buy.
Bruce Enberg: Ronald Reagan, the bust
The Bombs of August : In Remembrance of Hiroshima and Nagasaki
When the bombs were dropped I was very happy. The war would be over now, they said, and I was very happy. The boys would be coming home very soon they said, and I was very happy. We showed ‘em, they said, and I was very happy. They told us that the cities of Hiroshima and Nagasaki had been destroyed, and I was very happy. But in August of 1945 I was only ten years old, and I was very, very happy.
The crew of the B-29 was so young and heroic, and in the photo they also looked very happy. For some reason, I clearly remember the name of the pilot, Paul Tibbets. Of course I remember the name of the plane, the Enola Gay. And oh yes, I remember the name of the bomb. It was called Little Boy. That made me smile.
Bob Alexander: Springtime in Santa Barbara
Back in 1971 a couple of good ol’ boys grabbed me outside of a bar in Amarillo Texas and pounded me into the ground like a human tent peg. They didn’t like the length of my hair.
A couple of years later I was walking down De La Vina Street in Santa Barbara in the late afternoon when a guy sped by me in beat-to-crap white pick up truck, screamed out, “YOU EFFING HIPPIE,” and threw an unopened bottle of coke at my head. It missed by inches, exploded against the rock retaining wall on my right, and instead of a concussion … I was covered in broken glass and dripping soda pop.
The Zimmerman Jury Told Young Black Men What We Already Knew
Tonight a Florida man’s acquittal for hunting and killing a black teenager who was armed with only a bag of candy serves as a Rorschach test for the American public. For conservatives, it’s a triumph of permissive gun laws and a victory over the liberal media, which had been unfairly rooting for the dead kid all along.
For liberals, it's a tragic and glaring example of the gaps that plague our criminal justice system. For people of color, it’s a vivid reminder that we must always be deferential to white people, or face the very real chance of getting killed.
Prairie2: Facing the 'Final Resort'
The aluminum foil shelter that Wildland Firefighters carry as part of their 50 lb back-country fire kit is intended to be that last resort when the fire is not only gaining on their position but has skipped ahead, and they are trapped with fire coming from all sides.
The physics of this 'last chance' technology are real and can be easily calculated. Hotshot Firefighters drill on this like their very lives depend on it. Any fire is the equation of heat + fuel + oxygen. Heat is temperature of the the available mass either mitigated by high humidity, or greatly boosted by low humidity. Fuel in a forest is a given. Oxygen in the outdoors is a matter of wind speed.
Prairie2: Birds of different feathers chase different bugs
The markets all tanked again today on ginned up fears that the Federal Reserve is raising interest rates. But it was gold that fell right through the floor losing well over 5% in one day to $1280 per oz.
Gold has lost a third of its value from the peak when the Gold Bugs were sending me nasty mail about me advising people to ignore Glenn Beck.
This week's new unemployment claims jumped back up again, but they're still not so high as to be a real problem.
Bev Harris: Nope, this wasn't Zimbabwe, it was Florida.
Two vaults being used in a special election for the Florida House were stolen last week. Unbeknownst to the burglars, they were caught on videotape. The vaults contained a voting machine, the electronic storage device containing all early votes cast, and 850 blank ballots. The motive isn't immediately clear, but here is what we know so far.
In this report, I've gathered some of the answers needed to examine how the burglary might have affected the election.
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