Aug 02 2013

Daily News Flash for August 2, 2013

Daily News Flash | Published 2 Aug 2013, 12:07 pm | Comments Off on Daily News Flash for August 2, 2013 -

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Uprising’s Friday guest expert Adele Stan, longtime chronicler of the right wing, and senior Washington correspondent for RHRealityCheck.org, analyzes today’s news headlines:

Secretary of State John Kerry praises Egypt’s military for “restoring democracy,” even as the military continues its crackdown on Morsi supporters. Kerry made the remarks praising Egypt’s military during his trip to Pakistan, and said “[t]he military was asked to intervene by millions and millions of people.”

TransCanada, the Canadian oil company notorious for pushing it’s unpopular Keystone XL Pipeline project across the US, has just announced a new project called the “East Energy Pipeline,” which would cut across Canada West to East transporting more than a million barrels of tarsands oil a day.

The US Economy added only 162,000 jobs last month according to this morning’s jobs report. The number disappointed analysts who were expecting much more. Even though the rate of unemployment fell by more than 7%, that number was more of a measure of people who have quit looking for jobs rather than those who got jobs.

The report comes on the heels of a new Pew research poll showing that the number of young adults living with their parents has hit its highest level in 40 years.

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