Tuesday, August 27, 2019

@23:25, , 8/25/19


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1

Rule 1 at the G7 Meeting? Don’t Get You-Know-Who Mad

Peter Baker at NYT > U.S. > Politics - 2 hours ago
Determined not to rouse President Trump’s well-known temper, Group of 7 leaders registered their policy differences in the most flattering of tones.
 
"do not poke the tiger."
 

Trump’s Signature New York Hotel and the Art of the Compromise

Ben Protess and Steve Eder at NYT > U.S. > Politics - 6 hours ago
Facing demands to change the name of the Trump International Hotel and Tower, the president’s business is considering signage that would elevate its Central Park West address.
 
A name change would only help.
 

Trump Allies Target Journalists Over Coverage Deemed Hostile to White House

Kenneth P. Vogel and Jeremy W. Peters at NYT > U.S. > Politics - 8 hours ago
A loose network of conservatives says it has dossiers of offensive social media posts and other problematic public statements by hundreds of journalists.
 
Fighting fair is not part of Republicanism.
 

Iranian Official Makes Surprise Appearance on Sidelines of G7 Summit

Peter Baker and Aurelien Breeden at NYT > U.S. > Politics - 8 hours ago
At the invitation of France, Iran’s foreign minister flew to Biarritz and met with European officials. But he had no plans to sit down with American officials.
 
"Most of life is showing up." 
 

Johnson Walks Tightrope at G7, as Trump Pledges ‘Very Big Trade Deal’ for U.K.

Stephen Castle at NYT > U.S. > Politics - 10 hours ago
Prime Minister Boris Johnson responded cautiously, saying that reaching a trade agreement “may take some time” and would require compromises from Washington.
 
Boris Johnson is trapped.
https://en.wiktionary.org/wiki/monkey_trap
 
The EU has issued an ultimatum.
https://en.wikipedia.org/wiki/Ultimatum

6
 

Joe Walsh Confirms He Will Challenge Trump for Republican Nomination

Annie Karni at NYT > U.S. > Politics - 12 hours ago
Calling Mr. Trump ‘completely unfit,’ Mr. Walsh, a conservative radio host, will adopt a television-centric strategy to try to rattle a media-obsessed president.
 
A wonderful idea.
Encourage Walsh.
 

Week-end Wrap – Political Economy – August 25, 2019

Tony Wikrent at Ian Welsh - 14 hours ago
Week-end Wrap – Political Economy – August 25, 2019 by Tony Wikrent Economics Action Group, North Carolina Democratic Party Progressive Caucus Strategic Political Economy Give No Heed to the Walking Dead [The Scholar’s Stage, via Naked Capitalism 8-18-19] The People’s Republic of China is wealthier than any rival America has faced. Its leaders are convinced […]
 
https://twitter.com/paulkrugman/status/1166042289988362240 
 

The Education of Elizabeth Warren

Stephanie Saul at NYT > U.S. > Politics - 16 hours ago
The former law professor’s path to presidential contender began in Texas bankruptcy courts, where she witnessed desperate families, similar to her own.
 
She is my preference for President. 
 

Trump Aides Slam French for Focusing on ‘Niche Issues’ at G7

Michael D. Shear at NYT > U.S. > Politics - 1 day ago
The orchestrated message underscored the deep rift between President Trump and his counterparts. But Mr. Trump, who tweeted about New York subways, was also focused elsewhere.
 
https://www.nytimes.com/2019/08/26/opinion/trump-china-tariffs.html
 
10 

Trade Turmoil Gives Democrats an Opening to Hit Trump on Economy

Jim Tankersley and Thomas Kaplan at NYT > U.S. > Politics - 1 day ago
Democratic candidates have taken a calibrated approach to talking about the economy, but the trade war with China provides a potent new line of attack.
 
The world has not ended.
 
https://en.wikipedia.org/wiki/J._P._Morgan
 
https://en.wikipedia.org/wiki/J._P._Morgan_Jr.
 
https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
 
https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929#Background
 
https://en.wikipedia.org/wiki/Charles_E._Mitchell
 
https://en.wikipedia.org/wiki/London_Stock_Exchange
 
The September 1929 crash is not Wikied directly.
 
https://www.businessinsider.com/the-stock-market-crash-of-1929-what-you-need-to-know-2018-4
 
"Trouble in London
On September 20, 1929, the London Stock Exchange suspended shares of the Hatry group after its founder, Clarence Hatry, was found to have purchased United Steel Companies with fraudulent collateral. The Hatry group collapsed, costing investors billions and sending the London Stock Exchange into a tailspin. This news put US investors on edge."

https://en.wikipedia.org/wiki/Clarence_Hatry

https://en.wikipedia.org/wiki/Operation_Yellowhammer 

There are no adults.  Someone has paused the economic disaster.
 
https://www.gocomics.com/nonsequitur/2019/08/26 
 
11 

Open Thread

Ian Welsh at Ian Welsh - 1 day ago
Use this thread to discuss topics not relevant to recent posts.
 
Sooner is better.  As soon as you can is best. 
 
12 

Trump Asserts He Can Force U.S. Companies to Leave China

Peter Baker and Keith Bradsher at NYT > U.S. > Politics - 1 day ago
The president cited a national security law from 1977 that has never before been used to cut economic ties with a major power in a trade dispute.
 
No, he cannot. 
 
13 

Democratic Field Shrinks to 21: This Week in the 2020 Race

Matt Stevens at NYT > U.S. > Politics - 1 day ago
Jay Inslee and Seth Moulton are out, John Hickenlooper is in (a Senate race), and candidates released plans for labor and the environment.
 
https://www.nytimes.com/2019/08/26/us/politics/monmouth-democratic-polls-2020.html 
 
14 

Democratic Field Shrinks to 21: This Week in the 2020 Race

Matt Stevens at NYT > U.S. > Politics - 1 day ago
Jay Inslee and Seth Moulton are out, John Hickenlooper is in (the race for Senate), and new plans for labor and the environment.
 
https://www.nytimes.com/2019/08/26/nyregion/gifted-programs-nyc-desegregation.html 
Make the gifted schools open door residential with a full ride.
Keep the entrance exam; make it in the student's language. Teach in English.
Someone must run the world. 
 
15 

A Gyrating Economy, and Trump’s Volatile Approach to It, Raise Alarms

Peter Baker at NYT > U.S. > Politics - 2 days ago
Mr. Trump’s wild pronouncements on Friday renewed questions about his stewardship of the world’s largest economy even as he escalated a trade war with China before heading to France for the G7 summit.
 
https://www.nytimes.com/2019/08/26/opinion/g7-summit-amazon.html
 
16 

Joe Biden, Recalling ’68, Asks Audience to Imagine Obama’s Assassination

Trip Gabriel and Isabella Grullón Paz at NYT > U.S. > Politics - 2 days ago
“Imagine what would have happened if, God forbid, Barack Obama had been assassinated after becoming the de facto nominee,” Mr. Biden said, evoking the tumult of 1968.
 
Joe Biden did his job.
Let him sleep if he can.
 
17 

How David Koch and His Brother Shaped American Politics

Shane Goldmacher at NYT > U.S. > Politics - 2 days ago
The billionaire, who died Friday, understood the power of changing “hearts and minds.” He spent almost unlimited money on behalf of limited government.
 
Limited goverment is a bad idea.  
Effective goverment can "form a more perfect union".
 
18 

With Time Running Short, Patriots Unlikely to Make White House Visit

Ken Belson and Michael Crowley at NYT > U.S. > Politics - 2 days ago
They won the Super Bowl on Feb. 3. But since then the team and the White House have not agreed on a date, though both sides say politics has nothing to do with it.
 
true
 
19 

California Is the ‘Popular Boy or Girl at the Dance’ in 2020

Jennifer Medina at NYT > U.S. > Politics - 2 days ago
Kamala Harris has the home-state advantage, but the other Democratic presidential hopefuls are not ceding the state.
 
https://www.youtube.com/watch?v=2d_dtTZQyUM
I had never heard of him or his work then.
 
20 

Trolling Trump, Joe Walsh Tries to Recruit George Conway for Nascent Challenge

Annie Karni at NYT > U.S. > Politics - 2 days ago
In a signal that he intends to bait Mr. Trump into engagement with him, Mr. Walsh, a conservative radio show host, is wooing the husband of Kellyanne Conway.

Go for it.


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