It's Friday, I'm tired, I couldn't sleep and I'm pissed off because I have to endure yet another high temperature / high humidity day before the weather breaks. This is not an "open" thread because it represents yet another splendid opportunity for crazy people to get kicked off this website.
[image left, source]
The rest of you have nothing to worry about. Talk about anything you want. Comments are not moderated, but I do read them.
Craziness in America shows no sign of abating any time soon, which is always good for DOTE. There's never a dearth of material to talk about.
President Obama delivered his "acceptance" speech at the Democratic National Convention [DNC] last night. According to the mashable.com story Watch the Obama Speech That Set a Political Record on Twitter, "the speech was wildly popular on Twitter, peaking at 52,757 tweets per minute — a new politics-related record for the platform. That pushed overall tweets about the DNC past the 9 million mark, more than double the number sent about last week’s Republican Convention."
To put that in perspective, it takes approximately 37 days to get 52,757 page views on DOTE. That's how many tweets there were per minute regarding Obama's speech.
The Onion story Nation's Lower Class At Least Grateful It Is Not Part Of Nation's Middle Class deserves our attention.
CHAPEL HILL, NC—A survey released Wednesday by researchers at the University of North Carolina found that despite the many challenges they face, the nation's lowest-income individuals are nonetheless thankful they don't have to endure the unique hardships of the nation's long-suffering middle class.
According to the report, the 46 million Americans who fall below the federal poverty line, though struggling mightily, are at least glad they don't have to live up to some rapidly vanishing American dream of advancing in their career, making more money, and improving their lifestyle, the way their middle-income counterparts do.
"The unrealistic expectations and false hope they experience must be unbearable," Camden, NJ hotel clerk Allison Jacobsen told researchers, noting that while her $22,000 annual salary barely covers her rent and groceries each month, at least she doesn't operate under the flawed assumption that her situation will ever improve. "A life spent constantly stressing out over a dead-end job or struggling to pay off a fixed 30-year mortgage on a continuously depreciating three-bedroom townhouse? It's horrific."
"Can you believe people actually have to live like that?" Jacobsen added. "I feel just awful for them."
CNBC, which is shorthand for Crazy NBC, gave us a perfect lunatic moment when the Money Honey Maria Bartiromo interviewed Kim Kardashian, who said stuff like this—
On her party girl image — "I mean, I think that the party girl image has never been really truly who I am. It's only a side of me. I like to have a good time. My focus has always been business."
On social media — "I'm trying to use social media to figure out what my fans like and make a brand for my fans. Fashion, beauty, diet, fragrance that is what they are asking for when I'm reaching out to them via social media."
On the new cosmetic line — "I love makeup. It's something we're all passionate about. If you can find something you're passionate about you'll be happy in what you're doing."
Reality TV Star/Entrepeneur
And in some not-so-important news, the Bureau of Labor Statistics gave us the August jobs report.
Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, in professional and technical services, and in health care.
You might well ask how it is possible that the addition of a paltry 96,000 non-farm payroll jobs lowered the official unemployment rate by 2/10ths of a percent. (from 8.3 to 8.1%).
The lowest percentage since September, 1981. Source
Mish always does a good job with the jobs data, so look there.
Another bizarre jobs report, but in the United States of Crazy, anything is possible. Just ask Dmitry Orlov.
And now, the floor is yours.