If, like me, you've been looking around wondering where the next bubble is coming from, Mike Whitney tells us it's already here -- in the form of corporate stock buybacks. I was rooting for something more useful, like a renewable energy bubble or a 3-D printing bubble, to follow Tha Bush Mobb's housing bubble and the Clinton years' internet bubble, but alas, no -- now, apparently, even our bubbles only benefit the 0.1%. But like all bubbles, it's debt-financed -- the Fed's interest rates are still near zero, after all -- leaving open the very real possibility that all these stocks the rich have bought back will soon be worth nothing. And if somehow we find ourselves on the hook, that bailout would be even less popular than the last one, if that's possible.
You've heard of the Topeka waitress who wouldn't take a tip from Kansas Gov. Brownback, instead telling him to spend the tip on education? Well, a Kansas GOP poobah strikes back, saying the "liberal" media has been "publicizing her arrogant stupidity and utter ignorance." So what's he afraid of? Suggesting citizens are "arrogant" for presuming they could tell our leaders how to do things better is pretty fucking un-American, and I bet when actually ignorant teabaggers drew Hitler mustaches on President Obama he thought it was hilarious. In other news, a blind, deaf, and dumb infant could tell Sam Brownback how to run a state better, even if, apparently, his last Democratic opponent couldn't convince good Kansans that he could.
The FCC plans to regulate the cost of prisoner phone calls, since they're out of freaking control, but the National Sheriffs' Association (not these guys) says they might cut off prisoner phone calls entirely in retaliation. "Retaliation" might actually be too nice a word for a bunch of folks acting like diaper-loaded brats. You wonder why they'd even care, and then you find out: they get kickbacks from the big telecom corporations extorting the prisoners. But in right-wingers' minds, these sheriffs could be national heroes, just like Cliven Bundy was until he embarrassed right-wingers by spouting off about black folks.
Get your surprised face ready: geoscientists have found fracking chemicals in Pennsylvania drinking water near fracking wells. Fracking corporations are quick to respond ha ha you cannot prove these chemicals didn't come from some other household compound and ha ha we wipe our butts with your money! But scientists note that the further away from drilling sites you get, the less chemicals you find, and certainly the frackers are not about to assert that people simply don't use makeup or paint their walls in certain areas of the state. Then again, maybe they are -- these are interesting times, after all.
In an equally surprising development, the New York Times seems to prefer presenting the 2016 Presidential race as if 800 Republican candidates are running against Hillary Clinton, even though at least three other candidates are running for the Democratic nomination. We can't discount the possibility that the Times is simply acting out a subconscious fantasy of right-wingers, to surround Hillary Clinton with as many Republican men as possible. But if, like me, you regard Ms. Clinton's support as being a mile wide and a foot deep, you might see an even deeper ulterior motive here.
Finally, Montana sheriffs catch a man accused of forgery after he liked his own wanted poster on the county Facebook page. I guess he wanted to keep tabs on how his pursuit was going. Never mind that it's not hard to get an IP address from liking a Facebook post, even on a public computer -- I bet getting the warrant was even easier.