Category Archives: Culture
Timing is everything. Last year was the safest ever for airlines. There were no fatalities worldwide. Unfortunately that ended yesterday when a Russian airliner went down outside Moscow killing all 71 aboard.
I drew this cartoon on Friday with the train wreck involving a load of congressmen and a truck in mind. One truck passenger died in that mishap. So far this year there have also been fatal Amtrak wrecks in South Carolina and Washington state.
Thanks to tax reform and deregulation the economy is booming and the stock markets are soaring. Apple is returning billions to the U.S. And other companies are offering pay raises and bonuses.
So Trump celebrated by slapping 30% tariffs on imported solar panels and washing machines.
New Davos Man
On Friday he speaks to the global ruling class in Davos Switzerland. Maybe I should have had the new Davos Man blowing “America First.” Or “Trade War.”
This didn’t sit well with President Trump. Trump tweeted that Bannon “lost his mind” when he fired him. The Avenging Donald then sicced his lawyers on Wolff – guaranteeing best seller status for the book .
CNN’s Brian Stetler claims Wolff’s book “suggests Trump is unstable and raises alarms about his fitness for office.”
But CNN also reports that Secretary of State Tillerson, once accused of calling Trump a moron, never questioned the president’s mental health. And the White House deputy press secretary called Wolff a fake news, crackpot fantasy fiction writer.
Wolff agrees! A note in the front of his book says some of his sources definitely lied to him.
Dow Up Bannon Down
Whatever. If it’s stability you want, the Dow steadily rose above the 25,000 mark.
Stock analyst Paul Gambles is terrified about that too.
Vanity Fair had a little fun with Hillary Clinton last week. But it didn’t last long.
The mag produce this video for its on-line site The Hive. The sketch featured staffers proposing toasts to Hillary. And each toast offered a New Year’s resolution urging her to abstain from running for office again.
One recommended she teach Yoga, another counseled alternate nostril breathing and another advised her to take up knitting.
Naturally the Hillary Faithful charged sexism. So Vanity Fair apologized and pulled the video.
It’s been a wild ride for bitcoin. According to Cointelegraph.com the crypto coin lost 40% of its value last week. It dropped from $20,078 to $11,833. But was it just a buying opportunity? Bitcoin bounced to $15,147 yesterday. Big Bitcoin Heists
Leonid Bershidsky writes in Bloomberg View that your money is safer in a bank.
And don’t forget your bitcoin pin.