January 13, 2016
Spotlight on the "Con" in Consumer Confidence: Confidence Improves Hooray!
The consumer conference board says Consumer Confidence Index Improves in December .
Hard hitting global and local news
Hard hitting global and local news
The consumer conference board says Consumer Confidence Index Improves in December .
Spectrum reports Uber Could Be First to Test Completely Driverless Cars in Public Uber CEO Travis Kalanick has made no secret about wanting robots to replace human drivers in his rideshare service—and now he’s found somewhere to develop them. Last month, the governor of Arizona, Doug Ducey, paved the way for the world’s first driverless taxis on public roads
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Tweet An old volcanologist by the name of Peter Ward is holding forth at various places on his theory of everything. Now Eli’s considered judgement is that, as Walter Hannah puts it "His Theory Is Garbage". But as Ray Pierrehumbert said some garbage is more amusing than others, mostly because it exposes things that have to be explained to the naive, and occasionally because the mistake is subtle enough to deepen Eli’s own thoughts about this and that. Hannah (and Eli) spot the G&T, a common mistake amongst phenominologists Greenhouse warming theory also assumes that the heated air radiates energy back to Earth’s surface, and that this return flow of heat energy warms Earth.
The Wall Street Journal reports Turkey Blames Islamic State in Istanbul Attack .
Continue Reading: Decoupling Ridiculousness; US Rail Traffic Is Outright Recessionary
Negative interest rates have had a new and unusual effect on taxing bodies in Switzerland: Swiss Canton Tells Taxpayers to Delay Settling Bills . Taxpayers in parts of Switzerland this year face an unusual request from fiscal authorities: please delay settling your bill until as late as possible
Excerpt from: Pigs at the Trough: Rating Agencies as Corrupt as Ever
Read the original: Europe Fears Bail-Ins: Capital Flight Intensifies in Italy, France, Spain; Are German Banks Safe?
Continued here: China Declares War on Currency Speculators; Interbank Yuan Rates Spike to Record High 13.4%