THIS WEEK IN IRONY
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Ironic Times

 NO. 568 “Expect the Ironic” AUGUST 1 - 7, 2011 

Jul 25
Aug 8
BOTH SIDES AGREE TO DEBT
COMPROMISE
Obama agrees to cuts in Medicare, Medicaid, safety net programs and no new revenues; Republicans agree to, um, nothing.
 
WORLD NEWS
Moody's: Chinese Banking
System Concealing $500 Billion in
Problematic Real Estate Loans

Taps Goldman Sachs for bailout advice.
McDonald's in France to
Start Selling Baguettes

And exhibiting more contempt for diners.
 
PICTURE OF THE WEEK
EdgeWalk Attraction on Top of Toronto's CN Tower Opens to Tourists
For $50 you can take in the breathtaking view attached to a pole or, for $25, you can walk around the perimeter untethered.
U. S. NEWS
U. S. Median Family Wealth:
White, $113,149; Hispanic,
$6325; Black, $5677

But we're all created equal.
Distillery to Make South Carolina’s First Legal Moonshine
Still operators call it a “job killer.”
 
REMINDER
  In a worst-case scenario we'll all be sent to work camps in China.
 
Federal Airline Tax Expires,
But Airlines Don't Pass
Savings on to Passengers

Pass savings on to investors.
 
HISTORY
Long Secret, Nixon's Watergate Grand Jury Testimony Finally
Released
Under oath, he says he ordered Rosemary Woods to eat 18 1/2 minutes of tape.
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