Friday, December 20, 2013

What's Better In The News With Dolphins, India, And The Economy

    A scientific paper has made a strong correlation between the British Petroleum (BP) Deepwater Horizon oil spill in the Gulf Of Mexico to the deaths of dolphins. This paper is being argued against by British Petroleum which paid for the study. Lung disease caused by oil contamination was found in most the of the dolphins captured and released in the Gulf. About half of the contaminated porpoises were given a "guarded or worse" prognosis.
    India's dominant party is going to try to overcome a supreme court decision to begin again a ban on homosexual acts. The Minister Of Law stated, " We must decriminalize adult consensual relationships." There can be little doubt that India is in a cultural revolution to recognize and give sanctity to the rights of the individual rather than the traditional domination by males.
    Ben Bernanke is going to taper- a little - monthly bond purchases. The government buying of mortgages and treasury purchases will be reduced by $10 billion in January. These bond purchases have benefitted housing and the hiring and pay scales of federal government bureaucrats. By not spending this money, there may be some growth in small businesses.
    These commentaries are based upon news from the Wall Street Journal, America's most trustworthy national newspaper.
    Peter Nickerson

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