Friday, August 5, 2011

BREAKING NEWS

WOW, I just see that the jobs reports says jobs increased by 117,000:) It lowers the unemployed rated down from 9.2 to 9.1.

One could not only smile, but totally laugh outloud since Senator Reed called congress back from vacation to fix the FFA job loss of 74000 employees.

An overnight sensation, unless the 117,000 jobs included the FFA employees that are going back to work because their jobs were funded by the government. You know the Union Employees.

I wonder if congress pushed it through so fast not only because the Stock Marked tanked losing over 500 points yesterday, or if it was politically motivated toward the 2012 elections or both.

On the other hand it is reported that there is a very large financial tax gain for the coffers. It is also reported that the rural airports will pay over $1000/ticket in taxes sold. It is calculated that the ticket sales revenue vastly outweigh the government funding.

It's a win-win situation in any event. Too bad the debt-ceiling issue could not have been handled as rapidly.

I don't watch the soap operas. Watching the governmental drama has many more twists, turns, surprises, devious plots, and self serving characters than any Hollywood cast.

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