1. Circumsions have been found to reduce HIV tranmissions by 65% in a recent South African study. The facts are in, not only does it look good, but it's now good for you.
And if it stops 65% of African HIV then it should probably stop around 187.3% of American HIV.
2. Wal-Mart wants to start a bank for the fourth time and this time it looks serious. Ho-lee shit.
If you thought it was creative when they rearranged their workers' timesheets so they didn't have to pay overtime, wait until they get a hold of your checking account.
Their main motivation is to recoup the fractions of a penny they pay to banks each time a customer uses plastic. When it comes to savings, Wal-Mart does not play. They claim they have no intention of creating a chain of consumer banks, but I trust Wal-mart like I trust this guy.
3. Finally, last week Treasury Secretary John W. Snow, was in China shucking for American capitalism. He encouraged, China, whose savings rate, at 50%, is one of the highest in the world, to spend more, borrow more and save less like America, whose savings rate, at less than 0%, is one of the lowest in the world.
Why did China, which basically owns America due to our unsubstantiated consumer whoredom, entertain this nonsense?
Politeness I guess. Or perhaps a sense of circus-like curiousity.
In exchange, next month the Chinese Treasury Secretary will tour the U.S. and encourage Americans in strip malls to buy overpriced houses, $1,200 hangbags and big screen plasma TV's they can't afford.