1
Washington Floods Expose a Double Threat: Old Drains and Climate Change
Cities will need to spend heavily to adapt their water systems to cope with
rainstorms like the one that struck Monday, experts warn.
Most of Washinton DC is literally built in a fever swamp by a stingy and unconcerned
management. The city government is or was a minor congressional committee.
The government of the district must see to the health and comfort of this artificial and seasonal
cluster of administrators.
When congress gets wet the drains and mains will get fixed.
2
Ross Perot and Donald Trump: Presidential Candidates and Outsiders, Looking In
The unlikely candidacy of Mr. Perot in 1992 signaled the tremors beneath
the political system that presaged the full-blown earthquake of 2016.
A century and a half of propaganda cashed out in 2016.
The long game is paying off.
3
U.S. Imposes Sanctions on Hezbollah Officials Accused of Supporting Iran
The sanctions were the first to directly target members of Lebanon’s
Parliament and underscored the White House’s intention to ratchet up
pressure on Iran by punishing groups tied to its government.
Washington can no more concern itself with Iran now than Britain could concern itself with the noise
from Washington in the late ninteenth century.
Twisting the Lion's tail.
https://en.wikipedia.org/wiki/Irish_Americans#Irish_immigration_to_the_United_States
4
Ross Perot’s Warning of a ‘Giant Sucking Sound’ on Nafta Echoes Today
The Texas tycoon’s case on trade anticipated Donald Trump’s arguments two
decades later.
Ross Perot and Donald Trump believed in hard money.
Hard money is deflationary.
5
Wednesday: Fed Chair Powell Testimony, FOMC Minutes
Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the
results for the *mortgage purchase applications index*.
• At 10:00 AM, *Testimony, Fed Chair Jerome Powell*, Semiannual Monetary
Policy Report to the Congress, Before the House Financial Services
Committee, Washington, D.C
• At 2:00 PM, *FOMC Minutes*, Meeting of June 18-19, 2019
No review yet.
6
Joe Biden’s Tax Returns Show More Than $15 Million in Income After 2016
The former vice president and his wife made millions through speeches and
books after he left office, according to tax returns his campaign released
Tuesday.
Willing buyer, willing seller.
7
Justice Dept. Watchdog Is Preparing to Deliver Verdict on the Russia Investigation
Investigators for the inspector general recently interviewed Christopher
Steele, the former British spy, as they try to determine whether the F.B.I.
misstepped in the inquiry.
Trump is struggling with his guilt.
8
Ross Perot, Brash Texas Billionaire Who Ran for President, Dies at 89
Mr. Perot made a fortune in computer services, mounted bizarre paramilitary
missions in Asia and was a strong third-party hopeful in the 1990s.
I will not miss him.
9
U.S. Missiles Found in Libyan Rebel Camp Were First Sold to France
The discovery of the Javelin missiles confirmed longstanding fears that
foreign sponsorship on all sides of Libya’s conflict is amplifying the
fighting.
France plays its own game.
10
Labor Secretary Acosta Faces Calls to Resign Over Epstein Case
Mr. Acosta is facing an uproar over the role he played in a lenient plea
deal with the New York financier Jeffrey Epstein over sex crimes.
The volume varries.
Their addiction remains the same
11
Michael Flynn Changes His Story, Putting Him on Collision Course With Judge
The development marked the latest turn in Mr. Flynn’s prosecution that
should have run its course with little drama after he agreed to plead
guilty to charges in 2017.
Contracts are enforced.
Flynn will suffer.
12
Amy McGrath Opens Campaign to Oust Mitch McConnell in 2020
Ms. McGrath, a retired Marine lieutenant colonel and combat pilot, was a
star Democratic candidate in 2018 but lost her House race in Kentucky.
Mitch McConnell can have a mirror.
13
Tensions Between Pelosi and Progressive Democrats of ‘the Squad’ Burst Into Flame
Tensions between Speaker Nancy Pelosi and Representative Alexandria
Ocasio-Cortez and her “squad” have burst into the open, testing House
Democratic unity.
A "tempest in a teapot."
14
House Committee to Issue Blitz of Subpoenas, Raising Heat on Trump
The Judiciary Committee will vote this week on subpoenas targeting the
administration’s family separation policy and the biggest names in the
inquiry into whether the president obstructed justice.
Trump has a legal staff.
15
Ross Perot Dead at 89; Brash Billionaire Who Ran for President
Mr. Perot made a fortune in computer services, mounted bizarre paramilitary
missions in Asia and was a strong third-party hopeful in the 1990s.
"How can they tell?"
16
Trump Can’t Block Critics From His Twitter Account, Appeals Court Rules
The decision may have broader implications for how the First Amendment
applies to officials’ accounts in the social-media era.
I am glad to know empty words are protected.
17
Twitter Backs Off Broad Limits on ‘Dehumanizing’ Speech
After a year of debate and criticism, an effort to add to a policy on
banned speech led to a narrower restriction that applies only when
religious groups are targeted.
I am glad to know empty words are protected.
18
Amy McGrath Opens Challenge to Mitch McConnell in Kentucky
Ms. McGrath, a retired Marine lieutenant colonel and combat pilot, was a
star Democratic candidate in 2018 but lost her race for a House seat.
Eastern coal will not be back.
19
Las Vegas Real Estate in June: Sales down 11% YoY, Inventory up 89% YoY
This is a key former distressed market to follow since Las Vegas saw the
largest price decline, following the housing bubble, of any of the
Case-Shiller composite 20 cities.
The Greater Las Vegas Association of Realtors reported Local home prices
increase slightly after three-month holding pattern, GLVAR housing
statistics for June 2019
Local home prices broke out of a three-month holding pattern to post a
slight increase during June, according to a report released Tuesday by the
Greater Las Vegas Association of REALTORS® (GLVAR).
...
*The total number of existing local homes, cond... more »
Houses cost too much.
20
BLS: Job Openings "Mostly Unchanged" at 7.3 Million in May
Notes: In May there were 7.449 million job openings, and, according to the
May Employment report, there were 5.888 million unemployed. So, for the
fifteenth consecutive month, there were more job openings than people
unemployed. Also note that the number of job openings has exceeded the
number of hires since January 2015 (over 4 years).
From the BLS: Job Openings and Labor Turnover Summary
*The number of job openings was little changed at 7.3 million* on the last
business day of May, the U.S. Bureau of Labor Statistics reported today.
Over the month, hires fell to 5.7 million and s... more »
Unfilled job openings are up.Yellow line.
These do not pay the going rate for the required skills.
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