Monday, April 29, 2019

@10:50, 4/29/19

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1

How Did You Pay for College? We Want to Hear From Graduates Around the World

THE NEW YORK TIMES at NYT > Politics - 1 minute ago
Help us understand how students in your country finance higher education and start their careers.
 
Parents.
 

Dallas Fed: "Growth in Texas Manufacturing Activity Picks Up Slightly"

Calculated Risk at Calculated Risk - 11 minutes ago
From the Dallas Fed: Growth in Texas Manufacturing Activity Picks Up Slightly Texas factory activity continued to expand in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, ticked up two points to 12.4, indicating output growth accelerated slightly from March. Other measures of manufacturing activity also suggested slightly faster expansion in April. The survey’s demand indicators bounced back after dipping last month: The new orders index rose eight points to 9.8, an... more » 
 
Oil and gas.
 

Personal Income increased 0.1% in March, Spending increased 0.9%

Calculated Risk at Calculated Risk - 2 hours ago
The BEA released the Personal Income and Outlays report for March: Personal income increased $11.4 billion (0.1 percent) in March according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $0.6 billion, (less than 0.1 percent) and personal consumption expenditures (PCE) increased $123.5 billion (0.9 percent). Real DPI decreased 0.2 percent in March, and real PCE increased 0.7 percent. The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index increased less than 0.1 percent. The March PCE pric... more » 
 
 Losing ground @ .2% per year.
 
4  

Sidebar: Conservatives, Often Wary of Foreign Law, Embrace It in Census Case

ADAM LIPTAK at NYT > Politics - 4 hours ago
Many major democracies ask about citizenship in their censuses. Should that matter to the Supreme Court?
 
"The United States Census is a decennial census mandated by Article I, Section 2 of the United States Constitution, which states: "Representatives and direct Taxes shall be apportioned among the several States ... according to their respective Numbers ... . The actual Enumeration shall be made within three Years after the first meeting of the Congress of the United States, and within every subsequent Term of ten Years."[a][1] Section 2 of the 14th Amendment states: "Representatives shall be apportioned among the several States according to their respective numbers, counting the whole number of persons in each State, excluding Indians not taxed.""  

Persons, no mntion of citozenship.
 

Newtown Wasn’t an End for Gun Control. It Was a Beginning.

MAGGIE ASTOR at NYT > Politics - 4 hours ago
After Congress failed to pass legislation in the wake of the 2012 shooting, activists turned their energy toward building infrastructure for future fights.
 
Yes.
 

Saudi Arabia’s Laughably Stupid Plan For the End of Oil

Ian Welsh at Ian Welsh - 4 hours ago
I’ve been predicted Saudi Arabia’s crackup for some time. Their society is completely dependent on oil revenues, and their rulers have no idea how to diversify off in time. Couldn’t happen to a bigger bunch of jerks, though as usual, many innocents and powerless people will get dead, raped and tortured as Saudi Arabia falls. […]
 
Tourism is no honorable way to live.
 

Mnuchin Says Trade Negotiations With China Are in ‘the Final Laps’

ALAN RAPPEPORT at NYT > Politics - 9 hours ago
The Treasury secretary travels to Beijing this week as trade talks between the United States and China reach a critical point.
 
There may be no resolution satisfactory to Trump.
 

On Politics: Inside the Obama-Biden Relationship

NYT > Politics - 9 hours ago
What started off as an odd couple evolved into a friendship unlike any between a president and vice president in modern times.
 
https://www.nytimes.com/2019/04/27/us/politics/disaster-relief-farmers-trump.html
 
https://www.nytimes.com/2019/04/28/us/politics/trump-abortion-fact-check.html
 
Trump is willfuly stupid.
 

Sunday Night Futures

Calculated Risk at Calculated Risk - 15 hours ago
Weekend: • Schedule for Week of April 28, 2019 Monday: • 8:30 AM ET, *Personal Income and Outlays, March 2019*. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.1%. • 10:30 AM, *Dallas Fed Survey of Manufacturing Activity* for April. This is the last of regional manufacturing surveys for April. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures are down slightly (fair value). Oil prices were mixed over the last week with WTI futures at $62.87 per barrel and Br... more » 
 
 I am not sensitive to theprice of credit.  
 
10

Guantánamo Bay Prison Commander Has Been Fired

CAROL ROSENBERG at NYT > Politics - 17 hours ago
Rear Adm. John C. Ring has been let go because of a “loss of confidence in his ability” to lead, the United States Southern Command said Sunday in a statement.
 
These prisoners are witnesses to war crimes.
 
11 

Perspective, Not Parody, at a Subdued Correspondents’ Dinner

MICHAEL M. GRYNBAUM at NYT > Politics - 17 hours ago
Ron Chernow reminds the crowd at the White House Correspondents’ Association dinner that even Washington fumed about journalists.
 
Doing the job of journalist usually does not make friends.
 
12 

Trump Repeats a False Claim That Doctors ‘Execute’ Newborns

CHRIS CAMERON at NYT > Politics - 19 hours ago
The president has made “executing babies” part of his refrain on abortion, but the evidence does not back him up.
 
Trump makes his own "facts".
 
13 

Richard Lugar, Longtime Indiana G.O.P. Senator, Dies at 87

NEIL A. LEWIS at NYT > Politics - 19 hours ago
His most notable accomplishment: helping to create a program to destroy surplus stocks of nuclear weapons around the world.
 
The Republican party has grown sicker in recent decades. 
 
14 

Week-end Wrap – April 28, 2019

Tony Wikrent at Ian Welsh - 21 hours ago
 
**By Tony Wikrent** Strategic Political Economy Share of wealth held by the bottom 90% by country [Real World Economics Review Blog, via Mike Norman Economics 4-24-19] The Great Deformation: Why Income Inequality Has Become Intractable Yves Smith, April 23, 2019 [Naked Capitalism] Taylor’s talk last week focused on the drivers of the rise in inequality, […]
 
It is a measure of the risk of corruption. 
 
15 

Barr Threatens Not to Testify Before House, but Democrats May Subpoena Him

SHERYL GAY STOLBERG at NYT > Politics - 21 hours ago
The House Judiciary Committee was planning to question Attorney General William P. Barr on Thursday. But he objects to the panel’s proposed format for questioning.
 
Barr has no choice.
 
16 

April 2019: Unofficial Problem Bank list increased slightly to 73 Institutions

Calculated Risk at Calculated Risk - 23 hours ago
Note: Surferdude808 compiles an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for April 2019. Here are the monthly changes and a few comments from surferdude808: Update on the Unofficial Problem Bank List for April 2019. It was quiet during the month in terms of changes as the list increased by one institution to 73 banks. Aggregate assets increased to $52.1 billion from $51.6 billion a month earlier. A year ago, the list held 94 institutions with assets of $18.9 billion. The addition this month was CFSBANK, Charlero... more » 
 
A small change. 
Noise could be responsible.
 
17 

House Democrats Feel Little Pressure From Voters to Impeach Trump

NICHOLAS FANDOS, CATIE EDMONDSON and SHERYL GAY STOLBERG at NYT > Politics - 23 hours ago
In town hall-style meetings and meet-and-greets across the country, constituents criticized President Trump. But they are more concerned with matters other than impeachment.
 
If investigationn will do te job why should defeat be risked? 
 
18 

Trump Accuses Saudis of Giving U.S. a Bad Deal. Is That True?

BEN HUBBARD at NYT > Politics - 1 day ago
President Trump said that although the kingdom had spent $450 billion in the United States, Washington still subsidized the Saudi military. We checked the facts.
 
The mind of Trump is strange and small. 
 
19 

In Pennsylvania, Joe Biden Finds Support Where He Most Needs It

TRIP GABRIEL at NYT > Politics - 1 day ago
Despite doubts about his candidacy, Joe Biden begins the race with substantial support from three key constituencies in his native state, a place the Democrats can’t afford to lose again.
 
Yes.
 
20 

The Long Run: Biden and Obama’s ‘Odd Couple’ Relationship Aged Into Family Ties

PETER BAKER at NYT > Politics - 1 day ago
Four years ago, Barack Obama gently discouraged him from running for president, but Joseph R. Biden Jr. is back and presenting himself as Mr. Obama’s natural heir.
 
Inheritance counts for nothing in American politics.
 
 
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Sunday, April 28, 2019

@13:00, 4/28/19

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1

April 2019: Unofficial Problem Bank list increased slightly to 73 Institutions

Calculated Risk at Calculated Risk - 1 hour ago
Note: Surferdude808 compiles an *unofficial* list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for April 2019. Here are the monthly changes and a few comments from surferdude808: Update on the Unofficial Problem Bank List for April 2019. It was quiet during the month in terms of changes as the list increased by one institution to 73 banks. Aggregate assets increased to $52.1 billion from $51.6 billion a month earlier. A year ago, the list held 94 institutions with assets of $18.9 billion. The addition this month was CFSBANK, Charlero... more » 
 
Flat 
 

House Democrats Feel Little Pressure From Voters to Impeach Trump

NICHOLAS FANDOS, CATIE EDMONDSON and SHERYL GAY STOLBERG at NYT > Politics - 1 hour ago
In town hall-style meetings and meet-and-greets across the country, constituents criticized President Trump. But they are more concerned with matters other than impeachment.
 
There will be no forgivness.
 

Trump Accuses Saudis of Giving U.S. a Bad Deal. Is That True?

BEN HUBBARD at NYT > Politics - 4 hours ago
President Trump said that although the kingdom had spent $450 billion in the United States, Washington still subsidized the Saudi military. We checked the facts.
 
No.
 
Saudi Arabia is a sovereign nation. 
 

On Home Turf, Biden Finds Support Where He Most Needs It

TRIP GABRIEL at NYT > Politics - 6 hours ago
Despite doubts about his candidacy, Joe Biden begins the race with substantial support from three key constituencies in his native state, a place the Democrats can’t afford to lose again.
 
Biden must win his primary.
 

The Long Run: Biden and Obama’s ‘Odd Couple’ Relationship Aged Into Family Ties

PETER BAKER at NYT > Politics - 8 hours ago
Four years ago, Barack Obama gently discouraged him from running for president, but Joseph R. Biden Jr. is back and presenting himself as Mr. Obama’s natural heir.
 
Joe Biden is the wrong person for the job.
 

Even Away From Correspondents’ Dinner, Trump Makes Sure to Have His Say

KATIE ROGERS at NYT > Politics - 13 hours ago
Thinly veiled rebukes of the White House Correspondents’ Dinner was a running theme of a campaign rally in Wisconsin, where the president also zeroed in on policy.
 
Trump does nothing new.
 

Virginia Men’s Basketball Will Not Go to the White House

MARC TRACY and ALAN BLINDER at NYT > Politics - 18 hours ago
A trip to the White House from a team based in Charlottesville would have been fraught, regardless of the head coach citing scheduling conflicts.
 
Trump's favorite did not win.
 

Partisan Bickering Over Puerto Rico Aid Strands Farmers Devastated by Extreme Weather

EMILY COCHRANE at NYT > Politics - 21 hours ago
As Washington wrestles with President Trump’s refusal to grant more disaster relief to Puerto Rico, farmers affected by disaster elsewhere have been left in limbo.
 
Weather is not partisan.
 

N.R.A. President to Step Down as New York Attorney General Investigates

DANNY HAKIM at NYT > Politics - 1 day ago
Oliver L. North announced that he would not serve a second term as the N.R.A. deals with bitter infighting and a new inquiry into its tax-exempt status.
 
Fraud is a crime.
 
10 

For U.S. Commandos in the Philippines, a Water Pump Is a New Weapon Against ISIS

THOMAS GIBBONS-NEFF at NYT > Politics - 1 day ago
A water pump is linked to the defeat of the Islamic State’s self-proclaimed caliphate in Iraq and Syria and the Pentagon’s race to stop the group’s resurgence in other parts of the globe.
 
The Pump is bait.
 
11 

Bernie Sanders Opens Space for Debate on Voting Rights for Incarcerated People

SYDNEY EMBER and MATT STEVENS at NYT > Politics - 1 day ago
Mr. Sanders staked out a bold position on voting rights, touching off the latest policy debate of the Democratic presidential primary.
 
I doubt it will hurt him. 
 
12 

Schedule for Week of April 28, 2019

Calculated Risk at Calculated Risk - 1 day ago
The key report scheduled for this week is the April employment report. Other key reports include Case-Shiller house prices, ISM Manufacturing survey, Vehicle Sales and Personal Income and Outlays for March. For manufacturing, the April Dallas manufacturing survey will be released. The FOMC meets this week, and no change to policy is expected at this meeting. *----- Monday, Apr 29th -----* 8:30 AM ET: *Personal Income and Outlays, March 2019*. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to inc... more » 
 
Interesting.  
 
13

Guantánamo Bay as Nursing Home: Military Envisions Hospice Care as Terrorism Suspects Age

CAROL ROSENBERG at NYT > Politics - 1 day ago
 
Republicans insist they are never wrong.
 
14

Bernie Sanders Campaign Holds Thousands of House Parties for Supporters

SYDNEY EMBER at NYT > Politics - 1 day ago
Mr. Sanders’s campaign kicked off its national organizing program Saturday with what it says are roughly 5,000 events across every state.
 
Winning is essential.
 
15 

On Politics: The Biggest Stories of the Week

ISABELLA GRULLÓN PAZ at NYT > Politics - 1 day ago
It’s been a busy week in American politics. Here are some of the stories you might have missed.
 
A new week begins.
 
16 

Manuel Luján Jr., Ex-Congressman and Interior Secretary, Dies at 90

ZACH MONTAGUE at NYT > Politics - 1 day ago
Under George H.W. Bush, he often angered environmentalists over the use of federal land as he sought to balance conservation and development.
 
The owls won.
 
18 

To Trump, ‘Leakers Are Traitors and Cowards,’ and He Wants to Find Them

ANNIE KARNI at NYT > Politics - 1 day ago
   
The deep state will destroy Trump.

19

Insurgents Seek to Oust Wayne LaPierre in N.R.A. Power Struggle

DANNY HAKIM at NYT > Politics - 1 day ago
A rift between Mr. LaPierre, the chief executive, and Oliver North, the president, threatened to turn the N.R.A.’s annual convention into outright civil war.
 
Fraud will do that.
 
20 

Pete Buttigieg Swears Off the Lobbyist Money He Once Accepted

JEREMY W. PETERS and SHANE GOLDMACHER at NYT > Politics - 1 day ago
Mr. Buttigieg will now refuse contributions from federal lobbyists and will return $30,250 to 39 individuals, his campaign said.
 
He must look good.
 
 
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Saturday, April 27, 2019

@10:41, 4/27/19

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1

Virginia Men’s Basketball Will Not Go to the White House

MARC TRACY and ALAN BLINDER at NYT > Politics - 4 hours ago
A trip to the White House from a team based in Charlottesville would have been fraught, regardless of the head coach citing scheduling conflicts.
 
Slight Trump at every oportunity. 
 

Partisan Bickering Over Puerto Rico Aid Strands Farmers Devastated by Extreme Weather

EMILY COCHRANE at NYT > Politics - 6 hours ago
As Washington wrestles with President Trump’s refusal to grant more disaster relief to Puerto Rico, farmers affected by disaster elsewhere have been left in limbo.
 
Puerto Ricans are citozens like Iowans.
 

N.R.A. President to Step Down as New York Attorney General Investigates

DANNY HAKIM at NYT > Politics - 10 hours ago
Oliver L. North announced that he would not serve a second term as the N.R.A. deals with bitter infighting and a new inquiry into its tax-exempt status.
 
The N.R.A. is not immune from prosecution.
A sporting gun is single shot.
 

For U.S. Commandos in the Philippines, a Water Pump Is a New Weapon Against ISIS

THOMAS GIBBONS-NEFF at NYT > Politics - 11 hours ago
A water pump is linked to the defeat of the Islamic State’s self-proclaimed caliphate in Iraq and Syria and the Pentagon’s race to stop the group’s resurgence in other parts of the globe.
 
It is wonderful bait.
 

Bernie Sanders Opens Space for Debate on Voting Rights for Incarcerated People

SYDNEY EMBER and MATT STEVENS at NYT > Politics - 13 hours ago
Mr. Sanders staked out a bold position on voting rights, touching off the latest policy debate of the Democratic presidential primary.
 
The prison towns will not welcome felons voting.
 

Schedule for Week of April 28, 2019

Calculated Risk at Calculated Risk - 14 hours ago
The key report scheduled for this week is the April employment report. Other key reports include Case-Shiller house prices, ISM Manufacturing survey, Vehicle Sales and Personal Income and Outlays for March. For manufacturing, the April Dallas manufacturing survey will be released. The FOMC meets this week, and no change to policy is expected at this meeting. *----- Monday, Apr 29th -----* 8:30 AM ET: *Personal Income and Outlays, March 2019*. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to inc... more » 
 
interesting.
 

Guantánamo Bay as Nursing Home: Military Envisions Hospice Care as Terrorism Suspects Age

CAROL ROSENBERG at NYT > Politics - 16 hours ago
With no sign that the prison will close, the Pentagon has begun planning for detainees to grow old and die at Guantánamo Bay.
 
Make the prisoners whole.
 

Bernie Sanders Campaign Holds Thousands of House Parties for Supporters

SYDNEY EMBER at NYT > Politics - 16 hours ago
Mr. Sanders’s campaign kicked off its national organizing program Saturday with what it says are roughly 5,000 events across every state.
 
A proof of stamina.
 

On Politics: The Biggest Stories of the Week

ISABELLA GRULLÓN PAZ at NYT > Politics - 18 hours ago
It’s been a busy week in American politics. Here are some of the stories you might have missed.
 
I am up to date.
 
10 

Fact Check: Fact-Checking Trump’s Speech to the N.R.A.

LINDA QIU at NYT > Politics - 1 day ago
In a speech to the National Rifle Association on Friday, President Trump made misleading statements on drug prices, his border wall, MS-13 and an international arms treaty.
 
Trump will not let facts stand in the way of a story. 
 
11 

Manuel Luján Jr., Ex-Congressman and Interior Secretary, Dies at 90

ZACH MONTAGUE at NYT > Politics - 1 day ago
Under George H.W. Bush, he often angered environmentalists over the use of federal land as he sought to balance conservation and development.
 
He made a start.
 
12 

To Trump, ‘Leakers Are Traitors and Cowards,’ and He Wants to Find Them

ANNIE KARNI at NYT > Politics - 1 day ago
First obsessed with members of the “deep state,” President Trump is now fixated on former officials who talked to investigators.
 
The fourteenth amendment stands inTrump's way.
 
13  

Insurgents Seek to Oust Wayne LaPierre in N.R.A. Power Struggle

DANNY HAKIM at NYT > Politics - 1 day ago
A rift between Mr. LaPierre, the chief executive, and Oliver North, the president, threatened to turn the N.R.A.’s annual convention into outright civil war.
 Good luck.
 
14

Pete Buttigieg Swears Off the Lobbyist Money He Once Accepted

JEREMY W. PETERS and SHANE GOLDMACHER at NYT > Politics - 1 day ago
Mr. Buttigieg will now refuse contributions from federal lobbyists and will return $30,250 to 39 individuals, his campaign said.
 
Looking good is his project.
 
15  

Stung by Trump’s Trade Wars, Wisconsin’s Milk Farmers Face Extinction

ALAN RAPPEPORT at NYT > Politics - 1 day ago
The flagship industry in a pivotal swing state faces an economic crisis.
 
Yes.
 
16

For Fun: Jim the Realtor in 2009

Calculated Risk at Calculated Risk - 1 day ago
Long time readers will remember the hilarious Jim the Realtor videos. Back, during the foreclosure crisis, Jim videoed a number of REO (Bank Real Estate Owned), and this one reminded him of Scarface. Check out the backyard! 
 
Attempted Plato's Retreat.
 
17 

F.B.I. Warns of Russian Interference in 2020 Race and Boosts Counterintelligence Operations

JULIAN E. BARNES and ADAM GOLDMAN at NYT > Politics - 1 day ago
Russia’s malign influence campaign during the 2018 elections was a rehearsal for the presidential campaign, the F.B.I. director warned.
 
"Rape, kill, pillage, and burn,  Get it right this time!'
 
18 

Excerpts From Anita Hill’s Interview With The Times

THE NEW YORK TIMES at NYT > Politics - 1 day ago
Anita Hill reflected on the 1991 Clarence Thomas hearings and the role former Vice President Joseph R. Biden Jr. played in them.
 
19 

News Analysis: As Trump Angers Allies, Rival Powers Cultivate Diplomatic Ties

EDWARD WONG at NYT > Politics - 1 day ago
The U.S. has strained relations with allies and partners over policy on weaker nations like Iran and Cuba, and that hinders strategy on China and Russia.
 
20 

Joe Biden Called Heather Heyer’s Mother After Campaign Video Debut

MATT STEVENS at NYT > Politics - 1 day ago
Susan Bro, whose daughter was killed at a white supremacist rally in Charlottesville, Va., said she warned Mr. Biden to tread carefully around the episode and spoke with him about grief.
 
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@13;09, 4/27/19

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0

Partisan Bickering Over Puerto Rico Aid Strands Farmers Devastated by Extreme Weather

EMILY COCHRANE at NYT > Politics - 6 minutes ago
As Washington wrestles with President Trump’s refusal to grant more disaster relief to Puerto Rico, farmers affected by disaster elsewhere have been left in limbo.

Send aid to Puerto Rico.   Flordia's electoral votes are threatened.
The west and south also need bailing out.


1

Oliver North Says He Will Not Serve Another Term as N.R.A. President

DANNY HAKIM and CHRISTOPHER MELE at NYT > Politics - 1 hour ago
The announcement came at the group’s convention but it was not clear whether his power struggle with Wayne LaPierre, the group’s chief executive, was over.
It looks like fiction.

For U.S. Commandos in the Philippines, a Water Pump Is a New Weapon Against ISIS

THOMAS GIBBONS-NEFF at NYT > Politics - 2 hours ago
A water pump is linked to the defeat of the Islamic State’s self-proclaimed caliphate in Iraq and Syria and the Pentagon’s race to stop the group’s resurgence in other parts of the globe.
The Islamic insurgency in the southern Philipines predates the Spanish-American war.

Bernie Sanders Opens Space for Debate on Voting Rights for Incarcerated People

SYDNEY EMBER and MATT STEVENS at NYT > Politics - 4 hours ago
Mr. Sanders staked out a bold position on voting rights, touching off the latest policy debate of the Democratic presidential primary.
Where would they vote?

Schedule for Week of April 28, 2019

Calculated Risk at Calculated Risk - 4 hours ago
The key report scheduled for this week is the April employment report. Other key reports include Case-Shiller house prices, ISM Manufacturing survey, Vehicle Sales and Personal Income and Outlays for March. For manufacturing, the April Dallas manufacturing survey will be released. The FOMC meets this week, and no change to policy is expected at this meeting. *----- Monday, Apr 29th -----* 8:30 AM ET: *Personal Income and Outlays, March 2019*. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to inc... more » 
The chart looks happy.
Other evidence would be welcome.

Guantánamo Bay as Nursing Home: Military Envisions Hospice Care as Terrorism Suspects Age

CAROL ROSENBERG at NYT > Politics - 6 hours ago
With no sign that the prison will close, the Pentagon has begun planning for detainees to grow old
and die at Guantánamo Bay.
These prisoners should be made whole.

Bernie Sanders Campaign Sets Thousands of House Parties for Supporters

SYDNEY EMBER at NYT > Politics - 6 hours ago
Mr. Sanders’s campaign plans to kick off its national organizing program Saturday with what it says are roughly 5,000 events across every state.
I have no faith in Bernie Sanders.  He must win the convention.

On Politics: The Biggest Stories of the Week

ISABELLA GRULLÓN PAZ at NYT > Politics - 8 hours ago
It’s been a busy week in American politics. Here are some of the stories you might have missed.
There is nothing new here.

Fact Check: Fact-Checking Trump’s Speech to the N.R.A.

LINDA QIU at NYT > Politics - 15 hours ago
In a speech to the National Rifle Association on Friday, President Trump made misleading statements on drug prices, his border wall, MS-13 and an international arms treaty.
Trump would only know truth if it bit him.

Manuel Luján Jr., Ex-Congressman and Interior Secretary, Dies at 90

ZACH MONTAGUE at NYT > Politics - 17 hours ago
Under George H.W. Bush, he often angered environmentalists over the use of federal land as he sought to balance conservation and development.
Conervation trumps development.
There isno right to profit.
10 

To Trump, ‘Leakers Are Traitors and Cowards,’ and He Wants to Find Them

ANNIE KARNI at NYT > Politics - 17 hours ago
First obsessed with members of the “deep state,” President Trump is now fixated on former officials who talked to investigators.
Former is the key word.
11 

In N.R.A. Power Struggle, Insurgents Seek to Oust Wayne LaPierre

DANNY HAKIM at NYT > Politics - 17 hours ago
A rift between Mr. LaPierre, the chief executive, and Oliver North, the president, threatened to turn the N.R.A.’s annual convention into outright civil war.
No one is dead yet. 
I would not miss the N.R.A.
12 

Pete Buttigieg Swears Off the Lobbyist Money He Once Accepted

JEREMY W. PETERS and SHANE GOLDMACHER at NYT > Politics - 17 hours ago
Mr. Buttigieg will now refuse contributions from federal lobbyists and will return $30,250 to 39 individuals, his campaign said.
Watch his progress. 
13

Stung by Trump’s Trade Wars, Wisconsin’s Milk Farmers Face Extinction

ALAN RAPPEPORT at NYT > Politics - 17 hours ago
The flagship industry in a pivotal swing state faces an economic crisis.
Yes.
Milk should cost more. 
14 

For Fun: Jim the Realtor in 2009

Calculated Risk at Calculated Risk - 18 hours ago
Long time readers will remember the hilarious Jim the Realtor videos. Back, during the foreclosure crisis, Jim videoed a number of REO (Bank Real Estate Owned), and this one reminded him of Scarface. Check out the backyard! 
A failed Plato's Retreat. 
15 

F.B.I. Warns of Russian Interference in 2020 Race and Boosts Counterintelligence Operations

JULIAN E. BARNES and ADAM GOLDMAN at NYT > Politics - 19 hours ago
Russia’s malign influence campaign during the 2018 elections was a rehearsal for the presidential campaign, the F.B.I. director warned.
More action would be a problem.
16 

Excerpts From Anita Hill’s Interview With The Times

THE NEW YORK TIMES at NYT > Politics - 19 hours ago
Anita Hill reflected on the 1991 Clarence Thomas hearings and the role former Vice President Joseph R. Biden Jr. played in them.
She makes a good point.
17 

News Analysis: As Trump Angers Allies, Rival Powers Cultivate Diplomatic Ties

EDWARD WONG at NYT > Politics - 19 hours ago
The U.S. has strained relations with allies and partners over policy on weaker nations like Iran and Cuba, and that hinders strategy on China and Russia.
International trade continues.
The belt and road goes both ways.
18 

Joe Biden Called Heather Heyer’s Mother After Campaign Video Debut

MATT STEVENS at NYT > Politics - 19 hours ago
Susan Bro, whose daughter was killed at a white supremacist rally in Charlottesville, Va., said she warned Mr. Biden to tread carefully around the episode and spoke with him about grief.
He must tread carefully.
19

Joe Biden Raises $6.3 Million, Topping Rivals’ First-Day Hauls

SHANE GOLDMACHER at NYT > Politics - 19 hours ago
Mr. Biden raised more in his first 24 hours than any other candidate, easing concerns among some supporters over his ability to raise money.
20 

Freddie Mac: Mortgage Serious Delinquency Rate Decreased in March

Calculated Risk at Calculated Risk - 21 hours ago
Freddie Mac reported that the Single-Family serious delinquency rate in March was 0.67%, down from 0.69% in February. Freddie's rate is down from 0.97% in March 2018. Freddie's serious delinquency rate peaked in February 2010 at 4.20%. This is the lowest serious delinquency rate for Freddie Mac since December 2007. These are mortgage loans that are "three monthly payments or more past due or in foreclosure". [image: Fannie Freddie Seriously Delinquent Rate]*Click on graph for larger image* I expect the delinquency rate to decline to a cycle bottom in
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