Hard hitting global and local news
On Monday, a BLS Real Earnings report showed: Real average hourly earnings for all private employees fell 0.2 percent from April to May. This result stems from a 0.2 percent increase in the average hourly earnings being more than offset by a 0.4 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). For all private employees, real average hourly earnings fell 0.1 percent, seasonally adjusted, from May 2013 to May 2014
The Guardian’s article, " Barack Obama sends troops back to Iraq as Isis insurgency worsens ," in title alone leads the general population to believe the third "Iraq War" has begun.
Three Cheers for Starbucks, But … Earlier today, Starbucks announced a College Achievement Plan in which it will pay for its baristi and other employees to go back and finish their college degrees
Also note that Last-Ditch Russian Gas Talks to Resume .
Link: New Rules for Iraqis: Repent or Die, Say 5 Daily Prayers, Women Not Allowed Outside; Grim Massacres
See more here: No Money Down Mortgages Another Sign of Gigantic Credit Bubble in China
The Financial Times reports Iraq Slides Further Into Turmoil as Kurds Take Oil City Kirkuk . Iraq’s Shia-dominated government launched air strikes on Sunni insurgent positions in and around the city of Mosul on Thursday as Islamist forces hurtled toward the capital and Kurdish troops seized control of the key oil city of Kirkuk
Taken from: Goldman Sachs President Inadvertently Explains Why Cantor Lost; Reflections on the Bush Years