Friday Beaver - Up and running

Finally got a newer computer. The old one just wouldn't handle new software and was about as slow as dial up towards the end. Then there was the issue of updating everything. Sadly I can not transfer old files to the newer one because they are two completely different operating systems even though the same brand. 

Greece - Either way they were screwed. Take the deal and inflict austerity or don't take the deal and face bankruptcy and austerity.

Doesn't pay to be a black man or a hispanic in this country. The odds are against you. One black man strangled for 20 minutes until he died. A hispanic with his empty hands held out shot to death. All listed as justified? But the civil suits are running into the millions. You'd think by now that police departments couldn't get liability insurance for such events. No sweat off their hides it's the taxpayers' dime.

I see Canada is swirling down the toilet bowl to recession even though their finance minister denys it . Harper will have fun trying to spin his way out of this especially when the Iran oil hits the markets and the price of oil drops even more.  Fear not Canadians we're not far behind. The largest part of the U.S. GDP is selling airplanes which normally runs in 20 year cycles. Well it's been about 20 years since the last uptick in building aircraft. Much of the military aircraft is coming to an end as well. Forget the F-35. They haven't worked out all the bugs yet and the fuel tankers for the air force are almost complete. That just leaves drones and the military only ordered a couple dozen of them.

Puerto Rico could be the next Greece. They have $72 billion in outstanding bonds and couldn't make a $94 million payment. Portugal is in no better shape with debt to GDP at 400%. Question is when will the dominoes fall?

Bank fails later  None last week
Correction: One bank did fail last week in Denver,Co none this week.