1
Man Is Charged in Twitter Threat to Lynch Muslim Lawyer
A warrant has been issued for the arrest of Joseph Cecil Vandevere, 52. He
is accused of threatening a man who is now running for office in Virginia.
True belief is not unique to Virginia.
2
Trump in Asia: ‘We’re the Hottest Show in Town’
The president at times stretched, ignored or made up facts, but in Japan
and North and South Korea, he pursued an agenda of breathtaking ambition.
Trump likes dramatic towers.
3
Mercedes Schlapp Leaving White House Press Office to Join Trump Campaign
Ms. Schlapp’s departure, which was expected as part of a press office
shuffle, makes her the latest White House official to find a soft landing
in the campaign or an outside group
Stockholm syndrome does not fit as well as conspiracy.
4
Democrats Angered by HUD’s Hiring of Trump Aide Who Quit After Racist Posts
Senate Democrats want to know why Eric Blankenstein, a former Consumer
Financial Protection Bureau official, has been hired to an agency that
enforces fair housing laws.
Trump Officials Are Split Over Approach to North Korea Talks
President Trump faces a choice on whether to grant concessions in return
for a freeze on North Korea’s nuclear program or to insist on full
denuclearization.
"The perfect is the enemy of the good."
6
The 2020 Smear Campaign Is Underway
In the On Politics newsletter: The disinformation is being trafficked not
just by foreign trolls but also by American activists.
I have noticed.
7
Trump Says Tanks Will Be on Display in Washington for July 4
The tanks will join a spectacle of the nation’s firepower, including a
flyover by Air Force One. Critics say Mr. Trump is hijacking a nonpartisan
celebration.
https://en.wikipedia.org/wiki/Joseph_Stalin
He liked military parades.
8
Riding the Post-Debate Buzz With Kamala Harris’s Sorority Sisters
At a gathering of Alpha Kappa Alphas in Nashville, women expressed pride in
her rise and others offered caution about what the campaign season might
hold.
Kamala Harris should not be president.
She is more than fond of power.
9
30 Year Mortgage Rates at 3.875%
From Matthew Graham at Mortgage News Daily: Mortgage Rates Slightly Higher
to Begin Risky Week
Mortgage rates were slightly higher to start the new week, which is a
pretty good outcome considering the underlying events. On Friday, we
anticipated a pick-up in volatility as rates were at risk of reacting to
any meaningful trade news from the G20 summit or any surprises in economic
data. [*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, M... more »
Interest is not troubling the housing market.
10
Stephanie Grisham, Trump’s New Press Secretary, Literally Pushes for Press Access
In a video, Ms. Grisham opens a path for American journalists to cover the
president’s meeting with Kim Jong-un of North Korea. She has a bruise to
show for it.
It looks like White Panther
Or "The Great White Hope"
11
Happy Canada Day
Canada remains a good country to live in. There are a few countries, mostly
northern European that have better statistics, but not too many. Outsiders
tend to overestimate how good, however, and Americans tend to idealize
Canada a bit too much. The key thing to understand about Canadian politics
is that they are right wing […]
I can't do Canada.
12
Russia Sanctions Froze His Fortune. Can the 4th Amendment Unlock It?
A Manhattan investor and Trump donor with business ties to the heirs of
Prince can’t get access to his money. A lawsuit says it amounts to an
unreasonable seizure of property.
It should.
13
Update: Framing Lumber Prices Down 35% Year-over-year
Here is another monthly update on framing lumber prices. Lumber prices
declined from the record highs in early 2018, and are now down 35%
year-over-year.
This graph shows two measures of lumber prices: 1) Framing Lumber from
Random Lengths through May 31, 2019 (via NAHB), and 2) CME framing futures.
[image: Lumcber Prices]*Click on graph for larger image in graph gallery.*
Right now Random Lengths prices are down 35% from a year ago, and CME
futures are down 33% year-over-year.
There is a seasonal pattern for lumber prices, and usually prices will
increase in the Spring, and pea... more »
Yes.
14
Construction Spending Declined in May
From the Census Bureau reported that overall construction spending declined
in May:
Construction spending during May 2019 was estimated at a seasonally
adjusted annual rate of $1,293.9 billion, 0.8 percent below the revised
April estimate of $1,304.0 billion. The May figure is 2.3 percent below the
May 2018 estimate of $1,324.3 billion.
Both private and public spending decreased:
Spending on private construction was at a seasonally adjusted annual rate
of $953.2 billion, 0.7 percent below the revised April estimate of $960.3
billion. ...
In May, the estimated seasonally adjusted a... more »
15
ISM Manufacturing index Decreased to 51.7 in June
The ISM manufacturing index indicated expansion in June. The PMI was at
51.7% in June, down from 52.1% in May. The employment index was at 54.5%,
up from 53.7% last month, and the new orders index was at 50.0%, down from
52.7%.
From the Institute for Supply Management: June 2019 Manufacturing ISM®
Report On Business®
Economic activity in the manufacturing sector expanded in June, and the
overall economy grew for the 122nd consecutive month, say the nation’s
supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R. Fiore, CPSM... more »
16
Black Knight Mortgage Monitor for May: Record Low National Delinquency Rate, Early Delinquency Rate Increasing
Black Knight released their Mortgage Monitor report for May today.
According to Black Knight, 3.36% of mortgages were delinquent in May, down
from 3.64% in May 2018. Black Knight also reported that 0.49% of mortgages
were in the foreclosure process, down from 0.59% a year ago.
This gives a total of 3.85% delinquent or in foreclosure.
Press Release: Black Knight Mortgage Monitor: In May, Adjustable-Rate
Mortgage Prepayments Highest Since 2007; Prepays on 2018 Vintage Loans Up
Three Times Over Past Four Months
Today, the Data & Analytics division of Black Knight, Inc. released its
la... more »
The wealthy are not suffering.
17
Iran Breaches Critical Limit on Nuclear Fuel Set by 2015 Deal
Tehran also signaled that it now intends to enrich its nuclear fuel
stockpile to a purer level, a provocative action that could move the
country closer to being able to use the fuel for a weapon.
Trump is a bully.
18
Ivanka Trump Tests Her Diplomatic Chops and Riles a Legion of Critics
President Trump’s elder daughter used a G20 summit and then the
Demilitarized Zone to test her role as budding stateswoman for the
administration.
She should leave it to the professionals.
19
Big Donors, Small Donors: Pete Buttigieg Has Courted Them All — Successfully
Mr. Buttigieg’s $24.8 million second-quarter total is the latest evidence
that he has gone from a long shot to a serious candidate for the nomination
in a matter of months.
He is not ripe yet.
20
What Trump’s Huawei Reversal Means for the Future of 5G
Huawei is the top threat to American dominance in wireless technology. And
the U.S. is woefully, even disgracefully, behind.
5G is an "Easter Egg Hunt".
The cyberwariors must proove a negative.
There may be no new "back door" or zero day flaw.
Huawei has won the 5G contest.
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