That is correct. Water.
Here is why.
1. Water is wet and I am from Arizona, one of the driest places in the Universe.
2. Water ruins my paperwork and us vampires have a lot of it.
3. Sure I enjoyed skimboarding in Phoenix streets after a rain, but I could fall and break something at my age.
4. Water has been known to dilute blood!
There you go. Enjoy!
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Special thanks to Francisco Seco of AP.
When you know you are close.
Select your favorite caption for the Statute of Liberty.
1. Thanks for the red scarf. I was thinking my outfit was kind of plain.
2. Shoot. I think I grabbed the kaleidoscope by mistake.
3. Maybe if I put down this ball of yarn, I could focus better.
4. Don’t you hate it when birds try to sit on you?
5. What were we looking for again?
Enjoy!
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Don’t you love these kinds of meetings?
Select your favorite caption for this photo.
1. Just one more and that will do it.
2. I can’t believe I went to a 4 year college for this.
3. Maybe we should play that song, you know, “Red Hands”?
4. How do I get out of here without knocking some over?
Enjoy!
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Part of National Reconciliation Week 2016, the ‘Sea of Hands’ installation is for Australians to reflect on Australias national identity and the place of Aboriginal and Torres Strait Islander histories and cultures in the nations story. Thanks to William West/AFP/Getty Images for the photograph.
Why is this such a shock and what does it mean?.
SHOCK
The financial world is in shock because they like the status quo.
The BREXIT was approved because the world aka the 99% including Britain wants change, any kind of change. Which of course explains Donald Trump’s success in the US.
The polls probably did not reflect the last minute decision makers and instead reflected the people who were able to be polled aka the retired people on the street who had time to answer silly polling questions. These are generally conservative people who do not like change.
WHAT DOES BREXIT MEAN?
Well the financial world is in turmoil because they also do not understand what this means. So you can expect the stock markets around the world to be very negative for quite a while. There may be enough negativity that we may experience a recession, which a number of respected economists have predicted for months.
ANALYSIS
Change is coming. The demographics show the population is becoming more diverse aka less Caucasian. Also the young voters are saying “We are tired of inequality and of politicians paid by the rich to do their work. Your generation had your chance. Now it is our turn and we are going to do something different.”
If you want some other financial advice, see this.
https://michaelekelley.com/2014/10/16/8-things-to-do-when-recession-happens/
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When you just gotta buy something because you will save money.
Select your favorite caption for this photo.
1. I can’t wait to open my own mattress store.
2. I can’t wait to resell all these no-name printers.
3. I should have bought my Uncle’s minivan after all.
4. Crap, I think my chain just broke.
Enjoy!
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Special thanks to Johannes Eisele of AFP/Getty Images.
When you are so tightly wound up, that you explode.
Select your favorite caption for this photo.
1. Swwwwaaaaaaaaaannnnnnnngggg!
2. Now I know where all my missing hangers went.
3. This is what happens when you give an Erector set to a 70 year old artist.
4. Looks like the Guinness record holder for the largest Brillo pad.
Enjoy!
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When you just gotta do something and THEN think about it.
Select your favorite caption for this photo.
1. This is gonna be awesome.
2. It is so hot today. I can’t wait to cool off.
3. Should I go for a record belly flop or the last-minute flip and feet first?
4. Crap! Maybe I should have checked the depth of the water first.
Enjoy!
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Thanks to K M Chuadary of AP.
No. I am NOT talking about the movie, Fool’s Gold.
I am talking about the Fed finding wealth and a strong economy where there is none.
Like the little boy who cried “Wolf!”, the Fed keeps saying “The Economy is good!”
Here is the fool’s gold the Fed uses to keep saying :The Economy is good!”
1. Auto sales are up. Well they were up until the recently released May report showed a drop of 6%. The recent auto sales were propped up by easy credit but now they have run out of buyers. Here are details.
http://www.reuters.com/article/us-usa-autos-idUSKCN0YN4K0
2. Home sales are up. Well they were up until the June 1, 2016 report. Again home sales have been boosted by easy credit and low interest rates until now. Here are details.
http://www.cnbc.com/2016/06/01/mortgage-applications-drop-because-of-rate-uncertainty.html
3. Unemployment is down. Well unemployment has dropped to 4.7% but the recent jobs report announced June 3, 2016 showed a shocking one fifth the average number of jobs created. Unemployment went down because more people have given up or are retired. Here are details.
http://money.cnn.com/2016/06/03/news/economy/us-economy-may-jobs-report/
=============
Here are the real concerns the Fed should be looking at.
1. Freddie Mac and Fannie Mae. These firms have been using derivatives to hedge against interest rate changes and lost $475 million last year. Here are details.
http://www.marketwatch.com/story/freddie-mac-may-need-another-taxpayer-bailout-next-week-2016-04-29
2. US Productivity. The statistics show it went down 1% in the first quarter and now one of the Fed members says it may go down again this month. Here are details.
http://www.reuters.com/article/usa-fed-evans-productivity-idUSU8N16O051
3. Corporate Bond Sales. These are still high and may match last year’s record in order to finance other mergers. Here are details.
In summary, the 2008 bailout involved lower interest rates. But the Fed should have raised interest rates in 2011 instead of maintaining the ridiculous 2% inflation target. Here is how:
Or if you want more information on whether a recession is coming or not, read this.
==================
The Fed is chartered with controlling inflation and encouraging job growth. One Fed member recently said they are too busy to add a third task aka improving the economy. Well they have dropped the ball on job growth which would have improved the economy. Here is what the Fed could have and still can do for job growth.
Good luck out there.
As Crunch Berries breakfast cereal is becoming more popular …
So are more Crunch Berries Caps.
Also more people are demanding that Quaker Oats continue to sell boxes of pure Crunch Berries.
Oh. Sorry to interrupt. I have just been told this is NOT a Crunch Berries Convention but instead is a meeting of Catholic Bishops.
Never mind!
In memory of Gilda Radner.
Thanks to Alessandra Tarantino of AP.
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It’s a dogs life.
Select your favorite caption for this photo.
1. Where are we going?
2. Is that the beach? I hate hot sand.
3. Will there be a hot dog stand?
4. I should have brought my other swim suit.
Enjoy!
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Michael E Kelley 