SHORT TAKES ON THE DRIFTING WRECKAGE – AT 11:58 P.M. ET: 

TROUBLE ALREADY – It didn't take very long for trouble to develop with the new nuclear "framework" agreement with Iran.  From the Washington Free Beacon:  "LAUSANNE, Switzerland — Just hours after the announcement of what the United States characterized as a historic agreement with Iran over its nuclear program, the country’s leading negotiator lashed out at the Obama administration for lying about the details of a tentative framework.  Iranian Foreign Minister Javad Zarif accused the Obama administration of misleading the American people and Congress in a fact sheet it released following the culmination of negotiations with the Islamic Republic."  In other words, the two sides can't even agree on what the agreement actually says.  Are you feeling optimistic?

IRAN CELEBRATES – The president insists it's a good deal, but I didn't see any Americans dancing in the street.  I did see Iranians doing that, however, which may tell us which side won.  From AFP:  "Tehran (AFP) - Hundreds of Iranians took to the streets in Tehran early Friday to celebrate a breakthrough in talks with the West that may end the country's 12-year-long nuclear crisis.  The capital's longest street, Val-e-Asr Avenue, was lined with cars as drivers sounded their horns in approval of a framework deal intended to lead to a comprehensive agreement with world powers in June.  'Whatever the final result of the negotiations, we are winners,' 30-year-old Behrang Alavi said on Val-e-Asr at around 1:00 am as the noise reverberated around him."  I'm sorry to say that's probably true.

NO GOOD – American incomes are not doing well.  From AFP:  "Washington (AFP) - Most Americans' incomes continued to fall last year, but the richest 20 percent saw theirs rise, a new Labor Department report showed Thursday.  In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.  The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432.  But broken down into quintiles, those in the top 20 percent of incomes saw their money stream grow by 0.9 percent to $166,048 on average.  Every other group lost ground, with the bottom 20 percent losing the most: their average income dropped 3.5 percent to $9,818."  Another Obama accomplishment.

RIGHT HERE IN AMERICA – From the Washington Times:  "Two women who were inspired by the Islamic State group have been arrested outside New York City for allegedly attempting to build a bomb.  The suspects, in their 20s and 30s, are supposed to appear in a federal court in Brooklyn, N.Y., later today, sources told ABC News.  ABC’s sources said that the public was never in danger because the women were watched as part of a lengthy undercover FBI operation."  But I wonder how many we don't know about.

April 2, 2015