Why do we have Wall Street?

In a word, economic development.  Economic development means starting up new companies, building new factories, opening mines, building dams, launching ships and 747's, expanding production facilities.  All these things need money, often a lot of money, and it takes a long time from startup spending to making money from sales.  Might be years between first spending on production facilities, advertisements, research and development, and first accounts receivable from sales.
   You gotta raise money to get a startup company up and running.  The nicest money raiser for start up companies is to issue stock.  They can pay their initial employees largely in stock.  They can pay their initial investors in stock.  Stock makes the stockholders into part owners of the company.  They get to vote on the board of directors, and they are entitled to a share of company earnings, (dividends).  A company can use stock, which it can issue for merely the cost of printing stock certificates, to cover a lot of expenses.
   The stock market (the heart of Wall Street) exists to give value to stock.  Stockholder's know that they can convert their stock into cash, right now, on the stock market.  That gives the stock real value, far more value than the promise of future dividends will give it.  Lotta startups never pay dividends, they tell the stockholders to just sell the stock for cash.  Which works when you have a stock market in New York and other places. buying and selling every company's stock, every day.
   In short, Wall Street provides the money that makes economic development happen.  The stock market guys are pretty good about picking winners and losers, a helova lot better than any gov'mint snivel servants will ever be.  The stock market steers investment money into winners, and shuts off money to losers.
   In short, we need Wall Street to keep the US economy growing, and hiring workers, and producing the accustomed flood of low cost, high performance products into the consumer market.

Divisions in the Republican Party

The TV newsies have been giving this one a lotta talk.   The newsies are saying that the "Establishment" and the rank and file party members are at odds with each other.  And that the breach is unfixable. 
  Well maybe so, maybe not.  There is an establishment, it's office holders at all levels, local state and federal, then party officials and workers, and activists.  The establishment really cares about winning, they are in it as a day job, they want to keep their jobs, and they don't care about making flashy but risky gestures or embracing ideologies.  They want to win. 
   They know that The Donald will loose, loose big, and take the rest of the Republican party down to defeat.  So they are against The Donald.  Which puts them at odds with The Donald and his supporters.  Just to put the establishment further onto the hot seat,  Ted Cruz, the alternative to The Donald, ain't their cup of tea either.  Ted is a man of strong ideological principles, he is a forth right Christian, and he is into flashy but risky gestures, such as doing a Federal government shutdown.  They fear they cannot cut a deal with Ted, that Ted will stand on principle and refuse to compromise.  So far, it looks like the establishment will back Ted, as their only alternative to The Donald and the lesser of two evils.  Better a hard to deal with ideologue than a flaming disaster. 
   And, the party rank and file isn't entirely agin this viewpoint.
   The sticky part comes when the nominee gets picked.  Trump voters will be upset if The Donald doesn't win, a lotta of other Republicans will be just as upset if The Donald does win the nomination.  The challenge to the Republican party, is to soothe all these ruffled feathers and get the offended voters to at least vote for the party, if not get out and electioneer for the party.   There are gonna be a lot of ruffled feathers and unhappy voters no matter which way the nomination goes.  At a guess,  the disappointed Trump people will be easier to soothe than the vast number of Republicans who detest Trump. 
   One healing gambit that the winner might use, is to offer the vice presidency to the looser. 
  

Going after salt

The FDA is planning/talking about  issuing new regulations limiting the amount of salt in food.  You gotta wonder about this.  Making rules for salt, or any other rules on food seems to be a legislative job, not a bureaucrat job.  The Germans brag about a medieval law on the purity of beer, still in force in Germany, but a real law, they didn't have bureaucracies in the middle ages.  I think the FDA is stepping beyond it's legal authority.
   And then there are recent scientific studies claiming  that salt ain't all that bad for you.  These are disputed, but then True Believers won't accept any thing that cast doubt upon their beliefs.  Lotta bureaucrats are True Believers. 
   My chemistry is weak, but it is clear that all sorts of biochemistry in your body needs just the right amount of saltiness to work.  The body has mechanisms to maintain the right salt level, one mechanism is appetite, when your salt level is low,  salt tastes better, when your salt level is high, less salt tastes better.  In the service, they issued us salt tablets on hot days when we were sweating hard. 
   One effect of the drive for lower salt, is to sharpen my eye in the store.  Original Recipe Stoned Wheat Thins, taste a helova lot better than Low Sodium Stoned Wheat Thins.  Both come in nearly the same packaging, you gotta look sharp to buy the good tasting ones.  On the other hand, down the canned soup aisle, I find the traditional Campbell's is just too salty for my taste.  The new fangled Healthy Request soup tastes better with about half the salt of Campbell's. 

That giant leak of off-shore tax dodgers

So far, all the low lifes exposed have NOT been Americans.  They got Putin and Assad and the premier of Iceland, and a whole bunch more, but no American names that mean anything to me.  This may change, but for the time being I can enjoy a little smugness. 

The Donald trashes NATO

We set up NATO shortly after WWII in order to keep the Soviets from gobbling up western Europe the way they did eastern Europe.  In those years the European countries were still all smashed up from WWII and pretty helpless against the USSR.  The NATO treaty was mostly D'Artangnan's cry from the Three Musketeers, "One for all and all for one".  It told the Soviets that the United States would resist any further takeovers in Europe.
   And it worked.  The Iron Curtain stayed where it was, and didn't move west.
   And in 1989 the Soviets collapsed, ending the threat for many years.  NATO kept going, doing a bit here and a bit there, helping out in Afghanistan.  Until we got Putin in the last few years and all of a sudden, the Russians are looking dangerous again.  Since Georgia and the Ukraine, and Syria, the Europeans can see a need for NATO, especially the eastern Europeans like Poland and Lithuania, Latvia, and Estonia.
   I dunno where Trump is coming from when he calls NATO obsolete.  It is an anti Russian alliance, which was needed in the 1950's and look to me like we still need it in the 2010's for the same old reason.  

Daredevil, the TV show

Youngest son is a fan and he played me one episode.  It's bad TV.  The camera man is into the very very dark look.  No lights on anywhere.  All the characters appear as black silhouettes,  no light on their faces, and I could not tell one from another.  Lotta hand to hand slugging matches, where none of the characters were recognizable.  Lotta fast cuts from one story line to another, and back again, with no point except confusing the viewers.  Nobody ever addresses anyone else by name.  At least the dialog was audible, but the camera work was so bad as to make the show painful to watch.

New villain, "Fossil Fuel Companies"

We used to call 'em oil companies, or "Big Oil" and they have been a punching bag since John D. Rockefeller's Standard Oil.  But we got a new name for 'em now.