Consumer Credit & The American Conundrum
Authored by Lance Roberts via RealInvestmentAdvice.com,
Authored by Lance Roberts via RealInvestmentAdvice.com,
Despite all the hope for higher incomes spewing from within the various soft-surveys of individuals and businesses across America, Q2 saw unit labor costs decline 0.2% year-over-year - the second YoY drop in the last 3 quarters.
Despite all the great news about lowe eunemployment rates and solid payrolls prints, aggregate unit labor costs for America are unchanged since Dec 2015.
Don't stop believin'...
Worse still Real Compensation tumbled 0.8% YoY - the 3rd quarterly decline in American wages in a row...
Authored by Alistair Crooke via ConsortiumNews.com,
Is Israeli Prime Minister Netanyahu pushing the panic button over the collapse of the Saudi-Israeli jihadist proxies in Syria and now threatening to launch a major air war...
Authored by John Whitehead via The Rutherford Institute,
“The Fourth Amendment was designed to stand between us and arbitrary governmental authority. For all practical purposes, that shield has been shattered, leaving our liberty and personal integrity subject to the whim of every cop on the beat, trooper on the highway and jail official.”
- Herman Schwartz, The Nation
In one of the more bizarre stories to hit national news this week, an Ohio sheriff's deputy is under investigation for shooting a local reporter who innocently set up a camera and tripod on a public sidewalk to document a routine traffic stop. What's more is the shooting took place in a small town where "everyone knows everybody" and the police officer and victim were actually friends.
Ohio based New Carlisle News reports that its own photographer was shot in the incident which occurred Monday night: