links for 2010-07-26
David Altig Says That Our Cyclical Unemployment Has Started to Turn Structural

Liveblogging World War II: July 27, 1940

Winston Leonard Spencer-Churchill:

During this month of July American weapons in considerable quantities were safely brought across the Atlantic.... Prime Minister to First Lord [of the Admiralty]: The great consignments of rifles and guns, together with their ammunition, which are now approaching this country are entirely on a different level from anything else we have transported across the ocean except the Canadian Division itself. Do not forget that 200,000 rifles mean 200,000 men, as the men are waiting for their rifles. The convoys approaching on July 31 are unique, and a special effort should be made to ensure their safe arrival. The loss of these rifles and field-guns would be a disaster of the first order...