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Monday, May 25th

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Prairie2: Bits, pieces and body parts

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Bits and piecesNew unemployment claims fell again last week setting another new record since the Bush economic collapse. The Federal Budget deficit continues to fall, not so much from spending cuts but from increased revenue as the economy continues to improve despite the efforts of Republicans.

Senator Elizabeth Warren has introduced a bill that would require Federally backed student loans to be issued at the same rate that the Federal Reserve lends money to billionaire owned banks. Good luck with that.

The average wage for a two year community college grad is now higher than that of four year college diploma or higher. Not unexpected since fully half of all 'real college' grads either have no job or are working at Best Buy. Most new jobs that should be done by US college grads like engineering, medical research and even corporate law are now done in China or India. Youth unemployment in the US is now higher than in austerity ridden Europe.

Darrel Issa admitted to reporters that he discovered nothing new in his Benghazi hearing. Paul Ryan complains that Obama never calls him 'to chat'. Obama can read the daily talking points on Drudge, so why talk to the gym rat? House Republicans got enough votes to mandate by law that China gets paid ahead of Americans' Medicare if there is a cash flow problem with the Federal budget.

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