Taiwan Quake, New Hampshire Battle
Saturday, February 6, 2016
Vol. 5, No. 37
Quake: A 6.4 magnitude earthquake struck in Taiwan last night, causing widespread destruction and killing at least 11 people. A 17-story building collapsed in the southern city of Tainan. Water was cut off to 400,000 people and the high-speed rail service is disabled.
Econ 101: The US economy added 151,000 new jobs in January, a drop from the healthy additions of 2015, but still not bad. The unemployment rate dropped from 5 percent to an eight year low of 4.9. While Wall Street trembles and shakes, the basic economy seems to be maintaining a steady pace. Sales of new homes, for instance, surged 10.8 percent in December.
President Obama said to reporters, “I know that’s still inconvenient for Republican stump speeches as their doom-and-despair tour plays in New Hampshire. I guess you cannot please everybody.”
Nation: A giant construction crane collapsed in lower Manhattan yesterday, killing one person and trapping another in a car. The crane wreckage, which stretched for a block and a half, crushed a line of parked cars and hit squarely along the centerline of a car in the middle of the street. The crane crew was reported to be lowering it because of high winds when it fell.
Live Free or Die: Florida Sen. Marco Rubio isn’t the frontrunner in the New Hampshire primary, but his rivals are treating him as the man to beat. New Jersey Gov. Chris Christie and former Florida Gov. Jeb! Bush have been savaging and belittling Rubio. Bush has aired an attack ad in which former candidate Rick Santorum, who has endorsed Rubio, can’t cite anything Rubio has accomplished in four years in the Senate. Santorum is shown during an interview on MSNBC’s “Morning Joe” saying, “the bottom line is he didn’t get accomplishments done, neither did President Obama.” But … that’s why Republicans say Obama should not have been elected.
What She Said: Hillary Clinton has been put on the spot for the paid speeches she delivered to 100 banks, trade associations, charitable groups, and private corporations that paid her a total of $21.7 million. Bernie Sanders has accused her of being in the pocket of Wall Street and big money interests. Asked in Thursday night’s debate whether she would release the transcripts of her speeches, Clinton said, “I will look into it. I don’t know the status, but I will certainly look into it.” She added: “My view on this is, look at my record.” During the debate she said there’s no evidence of her trading a vote for a cash contribution.
Populist: The common theme in the 2016 election is populism. John Cassidy writes in The New Yorker, “This new populism, as it might be termed, connotes a deep suspicion of political, corporate, and media élites; an eagerness to mobilize people who are new to politics; and a willingness to embrace policies that have long seemed verboten. On the right, this has meant proposals to crack down on immigrants, Muslims, and outsiders of all kinds. On the left, it has meant demands to downsize big banks, crack down on tax-dodging multinationals, shift to a much more progressive tax system, and get serious about curbing carbon emissions.”
Outbreak: Brazilian authorities have detected the Zika virus in both saliva and urine, increasing the cautions for pregnant women now about both mosquito bites and kissing. Doctors are still learning about what the virus does and how it spreads. But Dr. Anthony Fauci, head of the National Institutes of Infectious Disease, says that just because the virus can be found in bodily fluids doesn’t mean the virus can be spread through them.
.The Obit Page: Katie May, the 34-year-old former Playboy model known as the “Queen of Snapchat,” died of a stroke in Los Angeles. She had two million followers on Instagram on which she posted revealing pictures of herself. Her death appears to have resulted from a blockage in her carotid artery.
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