I'm sorry but I do not find it acceptable for a US President to attend a concert featuring (as closing act, no less) an entertainer who has called for the deaths of American service members and for the deaths of the families of American service members.
I do not and will not accept Psy's apology because it only came about when the news leaked out. If he had talked about himself months ago, I might believe him. But clearly, he didn't want to apologize when Americans had no idea.
I don't believe a former or sitting President of the United States sits through a performance by someone like that.
Onto the economy. NASDAQ notes that McDonalds has been a stock free fall this year, losing over 10% but the new report finds that McDonalds increased sales 2.4% globally and 2.5% in the US. That seems good news. Is it?
As Emily Bryson York (Chicago Tribune) explains the increase is a result of McDonald's new dollar menu.
For McDonalds this is good news, they've increased sales.
For the economy?
Not a good thing. It's an indicator that the average American is still under heavy economic pressure. That's why they're buying from the dollar menu. The 4.99 and 5.99 meals are out of reach of most Americans so they instead order off the dollar menu.
I'm not a big fast food person but I will go there. Usually, the last two months, we're doing holiday shopping and someone with us is hungry so we'll dart in. I'll usually get a fries if I eat (I love french fries), otherwise I'll stick to a diet soda or water. If it's my granddaughter that's hungry, we'll get whatever kids meal has fruit in it. If it's a friend, they may order a full meal (and if they order onion rings, they know I'll grab at least one).
But what I've been noticing when we dart in is that people sit at tables -- often as families -- and they've got a dollar burger that they may cut in half and they share fries and they're drinking from little cups (meaning they're drinking water).
When eating off the regular menu at McDonalds becomes too much for most Americans, are economy is not recovering.
This is C.I.'s "Iraq snapshot" for Monday: