1
Liberals Ruled the Debates. Will Moderates Regain Their Voices?
Vowing to eliminate private health insurance and decriminalize illegal
immigration, the dominant candidates in the first 2020 presidential debates
made few overtures to centrist Democrats.
Moderate Democrats should know better.
2
Trump and Xi Agree to Restart Trade Talks, Avoiding Escalation in Tariff War
The agreement, reached at the Group of 20 meeting in Osaka, Japan,
represented a temporary cease-fire to give negotiators another chance to
forge a permanent accord.
An empty hope.
China cannot comply with Trump.
3
Schedule for Week of June 30, 2019
The key report scheduled for this week is the June employment report.
Other key reports include the June ISM Manufacturing and non-manufacturing
surveys, June Vehicle Sales and the Trade Deficit for May.
*----- Monday, July 1sth -----*
[image: ISM PMI]10:00 AM: *ISM Manufacturing Index* for June. The consensus
is for the ISM to be at 51.2, down from 52.1 in May.
Here is a long term graph of the ISM manufacturing index.
The employment index was at 53.7% in May, and the new orders index was at
52.7%.
10:00 AM: *Construction Spending* for May. The consensus is for a 0.1%
increase in ... more »
Happy Birthday sister Ann.
I will be in Weighbridge Vt. 7/11/19 for the memorial of the last of my parental generation.
4
Kamala Harris’s Debate, Voting Rights, Yet Another Candidate: This Week in the 2020 Race
The first 2020 debates yield some surprises, the Supreme Court rules on
gerrymandering, and the field of Democratic candidates grows to 24.
There is no news in these reports.
The Democratic candidate selection continues.
5
Trump Invites Kim Jong-un to Meet Him at the DMZ on Sunday
President Trump said in a Twitter post that he would be happy to greet Mr.
Kim across the line that has divided Korea for nearly 75 years.
Trump does not know history.
6
American Missiles Found in Libyan Rebel Compound
The powerful American missiles had fallen into the hands of rebels fighting
a U.S.-backed government. The U.S. appears to have sold the missiles to the
U.A.E.
U.S. manufactured missiles work every time.
7
DeVos Repeals Obama-Era Rule Cracking Down on For-Profit Colleges
Education Secretary Betsy DeVos formally repealed an Obama-era regulation
that would have forced for-profit colleges to prove their debt-laden
graduates could find gainful employment.
She is a Trump appointee.
8
Kamala Harris Has Been Gearing Up for a Biden Showdown
Even before their heated exchange in the Democratic debate over school
busing, Ms. Harris had been aiming to win over Mr. Biden’s core
constituencies.
I think it is worth the effort.
9
McAleenan Says Arrests of Migrants on Border Expected to Decline by 25 Percent in June
He attributed the drop to Mexico cracking down on undocumented immigrants
crossing the border and the expansion of a policy that forces migrants to
wait in Mexico while their asylum cases are processed.
Kevin McAleenan, the acting secretary of homeland security is a Trump choice.
10
A Breakfast Invitation Helps Rebuild a Crown Prince’s Standing
Pushed to the side the last time the leaders of the Group of 20 met, the de
facto Saudi leader, Crown Prince Mohammed bin Salman, is back in the
mainstream.
Donald Trump is a "cheap date"
Palm trees seem to help.
11
Donald Trump Jr. Shares, Then Deletes, a Tweet Questioning Kamala Harris’s Race
But the original tweet that questioned the racial background of a
presidential candidate of Indian and Jamaican descent had already gone far
and wide.
Donald Trump jr. will destroy himself shortly.
12
European Talks With Iran End, Leaving Nuclear Issue Unsettled
Iran’s deputy foreign minister said Tehran will now decide whether to
follow through on a plan to breach limits on how much nuclear fuel the
country can hold.
The government of Iran is rational.
It is dealing with an irrational situation.
13
Republicans Revel in Biden’s Debate Troubles, but See a New Threat in Harris
Trump campaign aides and allies acknowledged that the California senator
could be a vexing rival and that the Democratic race will be more
unpredictable than they had thought.
Politics is Game Theory.
https://en.wikipedia.org/wiki/Game_theory
There is a fudge factor for emotional inputs.
https://en.wikipedia.org/wiki/Fudge_factor
14
Matt Gaetz, a Trump Ally, Is in Hot Water Again for Cohen Threat
Representative Matt Gaetz ignored the House Ethics Committee’s request for
an interview as it examined an accusation of witness intimidation. Now he
faces an ethics inquiry.
The appearance of honor is politically useful.
15
What We Know About Joe Biden’s Record on School Busing
During the Democratic debate Thursday night, Senator Kamala Harris recalled
Mr. Biden’s opposition to school busing in the 1970s. Here’s a look at the
history.
Read it if you do not remember.
16
Senate Rejects Curb on Trump’s Authority to Strike Iran
The Senate shot down a measure that would have required President Trump to
seek Congress’s approval before launching an offensive military strike on
Iran.
The Republican party sees financial advantage in the threat of war.
17
Fannie Mae: Mortgage Serious Delinquency Rate Decreased in May, Lowest Since July 2007
Fannie Mae reported that the Single-Family Serious Delinquency rate
decreased to 0.70% in May, from 0.72% in April. The serious delinquency
rate is down from 1.03% in May 2018.
These are mortgage loans that are "three monthly payments or more past due
or in foreclosure".
The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%.
This is the lowest serious delinquency rate for Fannie Mae since July 2007.
[image: Fannie Freddie Seriously Delinquent Rate]*Click on graph for larger
image*
*By vintage*, for loans made in 2004 or earlier (3% of portfolio), 2.57%
are ser... more »
The wealthy have money or income.
18
A Day After Bruising Debate, Biden Pushes Back Against Criticism on Civil Rights
Mr. Biden suffered a setback in his exchange with Kamala Harris, raising
questions about his electability and highlighting the unsettled nature of
the race.
Biden is unacceptable on his record.
19
Where Is Kamala Harris on Medicare for All vs. Private Insurance?
A candidate has a history of making conflicting comments about a divisive
health care plan.
It makes sense to have the largest possible risk pool.
Only the federal government can administer systems at cost.
it is not required to make a profit on processes.
Graduated taxation meets the costs by ability to pay.
Philosophical acceptability is the difficulty with single payer health care.
20
E. Jean Carroll, in Her Own Words
The writer who has accused President Trump of sexually assaulting her in
the 1990s speaks to The New York Times.
Trump is guilty.
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