What have we learned this week?

Ah, the work week that was..     So what did we learn?

We learned that a US President can tell another nation to alter its borders back to how it was demarcated at a previous point in time and like a good little puppy dog, a nation that is our friend and ally is supposed to do it.  Ironically, another world leader telling the US to alter its borders back to a previous date, let's say, pre-Mexican War demarcations i.e.1841 (no Texas, Arizona, New Mexico, California, etc...) would not sit well with us... Go Figure ~ 

We learned a US President doesn't need Congressional permission or even to communicate with the governing body to drop bombs on another country (Libya), to target its leader Ghadafi for assassination via smart bombs, or prepare military forces to invade it as long as the role is "limited".  Well, at least the military got some 'bang' for its buck by killing Ghadafi's son and his three children.  Good thing our motives are pure- would hate to think we were doing all this for oil.

We learned that former IMF head Dominque Strauss-Kahn and former California governor Arnold Schwartzenegger are both vile scum. Of course neither are currently in positions of power and influence so now their stories are just tabloid fodder.   The thing is.. for many, many years, both Were in positions of power and influence, and kept their proclivities a nice secret.

~ "Sacrebleu!  I vud have fleed if not for zem pesky kids an zat Scooby Doo"

We learned the US is technically over the National Debt ceiling limit but through clever math and accounting tricks by Tim Geithner, the real deadline is sometime in August, at which time everything will work out happily ever after-  the debt ceiling will go up, the Reps in Congress will force some additional financial pain upon the poorest and most helpless, and the President can call it a 'victory'.

We learned the stock market went down for a third consecutive week.   Also oil per barrel has gone down which helped push stocks lower.  Also dropping are home prices, consumer confidence and extra discretionary spending for people who have not seen the price of gasoline drop per gallon equal to the drop in crude oil.  Not everything's gone down though-- the number of times the Administration and media say 'recovery' has gone up...

We learned that Greece is in terrible economic shape as its credit rating was cut even further.  And while Strauss-Kahn was busy raping a woman in NYC, the IMF was beginning its long, agonizing rape of Portugal via its 26 billion Euro loan.  And we learned that since all the tax revenue of Ireland is going to the IMF and ECB to pay its loans off, the government had to start taxing private pensions to generate additional revenues.

We learned that investors are cockroaches who only care about making profit and will exploit any advantage for their portfolio gain even at the suffering of millions of others...  Oh wait, we already knew that one..

And lastly, we learned Ashton Kutcher will be replacing Charlie Sheen on "Two and a Half Men", which means the uncertainty about the survival of the show is over--  it will go on for another season, be as unfunny as it was previously, and its super-wealthy producer, Chuck Lorre will make more money..

And now you're all properly informed of the work week that was- May 17-21