‘Spider Rain’ as Millions of Baby Arachnids on Web Parachutes Fall from Sky

‘Spider Rain’ as Millions of Baby Arachnids on Web Parachutes Fall from Sky

Share 2 Aware
By Ciro Scotti

Imagine waking up to millions of baby spiders raining down from the heavens. It sounds like   Charlotte’s Web meets Cloudy with a Chance of Meatballs – only a whole lot creepier.  

Yet that’s exactly what happened in rural Golburn in the Southern Tablelands of New South Wales, Australia, according to The Sydney Morning Herald.

Ian Watson of Golburn told the paper that he looked up and saw a sky full of little black spiderlings and a tunnel of webs going up for hundreds of meters.

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An Australian naturalist said what’s called “ballooning” is a migration technique used by baby spiders, which climb up on a plant and release a streamer of silk web that is caught by the wind and carried away.

Martyn Robinson of the Australian Museum said the traveling spiders can go quite a distance, and that’s why there are spiders on every continent. They even land in Antarctica, he said, though they don’t last long.

Rick Vetter, an arachnologist, told the website LiveScience that "ballooning” is not unusual among certain types of spiders, but people just don’t notice it.

What is unusual, biology professor Todd Blackledge of the University of Akron in Ohio told LiveScience, is for millions of spiders to be blowing in the wind at the same time. He said the mass migration may have been caused by a sudden change in the weather that carried so many spiders aloft all at once.

The Washington Post says other incidents of so called spider rain have occurred recently in Texas, Brazil and another town in Australia.

Trump’s Cabinet Would Benefit from Tax Plan Too

By The Fiscal Times Staff

“Eliminating the estate tax would save the Trump Cabinet over a billion dollars," Oliver Willis writes. "Like Mnuchin, Trump’s secretaries would make out like bandits. Commerce Secretary Wilbur Ross would get an extra $545 million. The family of Education Secretary Betsy DeVos would rake in $900 million. Linda McMahon, head of the Small Business Administration, and her husband, WWE founder Vince McMahon, would take in $250 million. Trump’s own net worth is in dispute, thanks to his failure to reveal his tax returns, but based on his estimated net worth of $3 billion, the estate tax scheme would net him $564 million.” (Shareblue Media, Bloomberg)

A Liberal Economist Shoots Down the GOP’s Fiscal Chicken Hawks

By The Fiscal Times Staff

Republicans want a tax cut, but they don’t want to fully pay for it and may be willing to increase the deficit by $1.5 trillion over 10 years. This would continue a troubling cycle, economist Jared Bernstein writes, in which supposed fiscal conservatives “use the deficit argument to block spending, promote fiscal austerity, and small government, conveniently tossing deficit concerns aside when it comes to tax cuts.”

You’ll hear arguments about how increased economic growth will make up for the budgetary effects of the tax cuts, but don’t believe them. “Our fiscal history on this point is clear: Cutting taxes loses revenues, which, unless offset by higher taxes elsewhere or spending cuts, increases the budget deficit, which in turn raises the debt.” When this happens again, and the promised growth effects don’t materialize, the tax cutters will go back to pushing for spending cuts.

The country faces a number of serious challenges, including an aging population that by itself will require increased government spending, and we need a tax policy that does more than drive up the deficit. “The problem with structural deficits — ones that go up even in good times — is that they reveal that we’re unwilling to raise the necessary revenues to support the government we want and need. This enables those who whose goal is to shrink government to point to deficits and debt as their proof that we can’t afford it, whatever ‘it’ is, except when ‘it’ is tax cuts.” (New York Times)

Health Secretary Tom Price Under Fire for Use of Private Jets

U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Car
CARLOS BARRIA
By Michael Rainey

Back in 2009, Tom Price spoke out against House Democrats who wanted to spend $550 million on private jets for lawmakers to use. A Republican representative from Georgia at the time, Price told CNBC that the purchase of the jets was “another example of fiscal irresponsibility run amok.” Now Secretary of Health and Human Services, Price seems to have changed his mind about the virtue of government officials using private jets at taxpayer expense. Just last week, Price used a chartered private jet to travel to three HHS events — including one at a resort in Maine — at an estimated cost of $60,000, Politico reports. 

While previous HHS secretaries typically flew commercial, reports indicate that Price has been traveling by private jet for months. “Official travel by the secretary is done in complete accordance with Federal Travel Regulations,” an HHS spokesperson told Politico.

Critics on Twitter have been harsh:

Social Security Benefits Due for a Bigger Bump in 2018

U.S. Social Security card designs over the past several decades
© Hyungwon Kang / Reuters
By Michael Rainey

In a few weeks the Social Security Administration will announce its cost-of-living adjustment, or COLA, for 2018. Inflation data for the month of August suggests that the adjustment could be the highest in five years, possibly over 2 percent, according to the Washington Examiner. Adjustments for the past five years have been relatively small: The cost of living adjustment for 2017 (announced last October) came in at a modest 0.3 percent, and the adjustment for 2016 was zero. Some retirees have complained in the past about small COLAs, but it’s worth remembering that higher adjustments are driven by higher inflation, which is bad news for people living on fixed incomes.

Americans Are Less Satisfied with Government Now Than a Year Ago

By Yuval Rosenberg

Gallup finds that just 28 percent of Americans are satisfied with the way the nation is being governed, down from 33 percent a year ago. And as we approach some potential fiscal battles, it's worth noting that the lowest satisfaction levels since Gallup started updating the measure annually in 2001 came in 2011 (19 percent) after a debt ceiling showdown that led to the U.S. credit rating being downgraded by S&P analysts and in 2013 (18 percent) during a federal government shutdown.