1
Democratic Candidates Promise to Close Wealth Gap Between Blacks and Whites
Inequality of wealth and income was a dominant theme as four Democratic
candidates addressed the Black Economic Alliance’s forum in South Carolina.
The method eludes me.
2
Why The Consensus Environmental Predictions Are Wrong
So, a little bit ago I noted that with temperatures of 70 degrees in the
arctic, we could expect permafrost to melt, and that would release methane.
Methane is a lot stronger greenhouse gas than carbon, in the short run, and
there is a lot held in arctic permafrost. It was suggested that this was […]
Yes. Soon is not a set time.
3
In Face-Off With Iran, Escalation May Depend on Who Prevails Inside Washington and Tehran
The attacks in the Gulf of Oman emboldens the hard-liners in Iran and the
U.S., each able to argue their longtime adversary is itching for war.
I can't guess.
4
Immigrants Brought Riches to Urban Schools. Now They’re in the Shadows.
As immigrant families forgo services or are dropped from public assistance,
schools are seeing their student populations undercounted and their funding
cut.
The Trump administration is wrong again.
5
On the Doorstep With a Plea: Will You Support Medicare for All?
The nation’s largest nurses’ union is pushing Medicare for all from door to
door to door in swing House districts. But the campaign for a single-payer
health system is slow going.
Yes.
6
As Passions Flare in Abortion Debate, Many Americans Say ‘It’s Complicated’
Abortion is anything but a simple issue. But the nuance in how most
Americans think about it has all but disappeared from the political
conversation, some voters say.
Just say yes.
7
Schedule for Week of June 16, 2019
The key reports this week are May housing starts and existing home sales.
For manufacturing, the June New York and Philly Fed manufacturing surveys
will be released.
The FOMC meets this week, and no change to policy is expected at this
meeting.
*----- Monday, June 17th -----*
8:30 AM: The New York Fed *Empire State manufacturing survey* for June. The
consensus is for a reading of 10.0, down from 17.8.
10:00 AM: The June *NAHB homebuilder survey*. The consensus is for a
reading of 67, up from 66. Any number above 50 indicates that more builders
view sales conditions as good than poo... more »
Guessing,
8
Democratic Debates, Sanders on Socialism, New Polls: This Week in the 2020 Race
The stage is set for the first Democratic debates this month, Joe Biden and
President Trump square off in Iowa and we round up new policy proposals.
No change yet.
https://en.wikipedia.org/wiki/Social_contract
9
On Politics: The Biggest Stories of the Week
It’s been a busy week in American politics. Here are some of the stories
you might have missed.
10
U.S. Escalates Online Attacks on Russia’s Power Grid
The Trump administration is using new authority to take more aggressive
digital action in a warning to Moscow and in a demonstration of its
abilities.
It is a frightening story.
11
Ask Maggie Haberman About Covering the White House
Since she joined The Times in 2015, Maggie Haberman has been a driving
force behind much of its award-winning political coverage and a lightning
rod for grievances from both sides of the aisle.
She should work more.
12
As Trump Accuses Iran, He Has One Problem: His Own Credibility
For any president, accusing another country of an act of war presents a
challenge to overcome skepticism at home and abroad. For a president known
for falsehoods and bombast, it is far more daunting.
https://www.juancole.com/
13
A President With a Taste for Planes Has a Plan for Air Force One: Paint It Red, White and Blue
“I like the concept of red, white and blue,” Mr. Trump said on Friday. “The
baby blue” of the Kennedy era, he said, “doesn’t fit with us.”
https://allthetropes.fandom.com/wiki/Vaudeville_Hook
14
California Bay Area Home Sales Decline 2% YoY in May, Inventory up 15% YoY
From Compass chief economist Selma Hepp: Plenty of Bay Area buyers, but why
are they hesitant?
• While April’s momentum is slightly slower in May, May sales are still
only 2 percent below last year’s highs after double-digit declines earlier
in the year.
• Home sales momentum remains solid in East Bay. Napa sales finally jumped
6 percent after a 6-month losing streak, averaging 20 percent annual
declines.
• Affordable sales picked up again with sales of homes priced below $1
million up 3 percent year-over-year, the first two-month consecutive annual
increase in the last four years... more »
Oakland is a good place to rest.
15
Justice Dept. Backs Mnuchin’s Refusal to Release Trump’s Tax Returns
In a new memo, the department argued that a request from House Democrats
for the returns was not legitimate and was only for political purposes.
They have the same boss.
16
"Mortgage Rates Just Had Another Awesome Week"
From Matthew Graham at Mortgage News Daily: Mortgage Rates Just Had Another
Awesome Week
While we can't say that this week's best mortgage rate offerings were quite
as good as last week's best, they were pretty darn close. In fact, quite a
few lenders have simply been quoting the same rates for the entire 2-week
period. [*30YR FIXED - 3.875%*]
emphasis added
[image: Mortgage Rates] *Click on graph for larger image.*
This is a graph from Mortgage News Daily (MND) showing 30 year fixed rates
from three sources (MND, MBA, Freddie Mac). Go to MND and you can adjust
the graph for dif... more »
Houses are not selling well.
17
Roadside Blast in Niger That Hit Americans Shows Growing Threat, Officials Say
The explosives were buried roughly three feet underground and positioned at
a key choke point on a road that led to a shooting range frequented by
American troops.
Learning.
18
What the Chinese Communist Party Learned From the Fall of the USSR
Recently I read a speech from 2013 by Xi Jingping, the General Secretary of
China’s Communist Party, and China’s leader. In one respect it’s turgid and
boring: it’s for insiders, other party members. But in another it’s
fascinating. One part that Xi goes on and on about is how there have been
different periods in […]
Have faith.
19
White House Considers Restoring the Daily Briefing for the Next Press Secretary
Stephanie Grisham, currently the spokeswoman for the first lady, Melania
Trump, is one of those under consideration to succeed Sarah Huckabee
Sanders.
The one tends the other.
20
The U.S. Has Turned Up Pressure on Iran. See the Timeline of Events.
As increased American pressure and sanctions have put a strangle on the
Iranian economy, Iran now may be hitting back.
https://www.juancole.com/
||
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