Hard hitting global and local news
Via translation from Les Echos, May 2, 2015: Poll shows 75% of French Do Not Expect Improvement in Unemployment until 2017 .
Now that we have the backdrop out of the way, please consider Twinkie’s Miracle Comeback: The Untold, Inside Story of a $2 Billion Feast Walk in the door of Hostess Brands’ flagship bakery in Emporia, Kansas and your first thought is: What a dump.
Links US Nominates War College Grad as Ambassador to Thailand May 2, 2015 ( Tony Cartalucci – NEO ) – There are two kinds of "ambassadors" the US employs across the globe to project its unwarranted power and influence beyond its borders. One is a friendly face covert subversion and manipulation can hide behind, the other is a strong voice that subversion and manipulation can openly rally around
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional
Tweet Don Blankenship, the former CEO of Massey Energy, aka coal in WVa, has a Nixon problem. Â Turns out the Don recorded his phone calls and now the prosecutors have them. Â How they have them is one of those stories.
Read the article: ISM Disappoints, Led by Decline in Employment
Construction Spending "Once Again Defies Expectations" Much Weaker Than Expected; Four Reasons Economists Perplexed Economists have been overly optimistic on the majority of economic reports for going on six months. Today the Bloomberg Consensus estimate for construction spending was for a 0.4% gain. The actual result was a decline of 0.6%
Read the article: Investigating the GDP Deflator: Wildly Differing Results Depending on Your Choice
Read the original: Employment Compensation Costs (Wages and Benefits) Jump in First Quarter