1
Joe Biden Set to Appear on ‘The View’ Amid Criticism Over Anita Hill
MATT STEVENS at NYT > Politics - 1 hour ago
The appearance comes after a spokeswoman for Mr. Biden said he had called
Ms. Hill to express his “regret,” a conversation that left Ms. Hill deeply
unsatisfied.
Clarence Thomas received conscent.
"In his first sit-down interview of his presidential campaign,
Joseph R. Biden Jr. on Friday repeatedly declined to directly apologize
to Anita Hill for his handling of the 1991 Clarence Thomas hearings". . .
2
The N.R.A. Has Its Share of Problems. Trump Is Not One of Them.
KATIE ROGERS at NYT > Politics - 1 hour ago
The N.R.A. is dealing with inner turmoil, lawsuits and a newly empowered
Democratic House. The president’s visit is being thought of as a needed pep
talk.
Trump has received their blessing.
3
Biden Declares: He’s Not Your Uncle Joe
Ian Welsh at Ian Welsh - 3 hours ago
So, Biden’s in the primary. Plenty of other people are chewing up his
record, which is terrible, so I’ll pass on that. Just remember that he’s
the representative for fucking over poor people and minorities. I want to
address something else: Uncle Joe. See, the thing is that Joe seems like a
great friend, and […]
True on the record.
https://en.wikipedia.org/wiki/Joe_Biden
4
Q1 GDP: Investment
Calculated Risk at Calculated Risk - 3 hours ago
Investment was weak in Q1 (although private inventories increased). Also
personal consumption expenditures (PCE) was weak (only increased at a 1.2%
annual rate).
The first graph below shows the contribution to GDP from residential
investment, equipment and software, and nonresidential structures (3
quarter trailing average). This is important to follow because residential
investment tends to lead the economy, equipment and software is generally
coincident, and nonresidential structure investment trails the economy.
In the graph, red is residential, green is equipment and software,... more »
It all looks down.
5
BEA: Real GDP increased at 3.2% Annualized Rate in Q1
Calculated Risk at Calculated Risk - 4 hours ago
From the BEA: Gross Domestic Product, First Quarter 2019 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of *3.2
percent in the first quarter of 2019*, according to the "advance" estimate
released by the Bureau of Economic Analysis. In the fourth quarter of 2018,
real GDP increased 2.2 percent....
The increase in real GDP in the first quarter reflected positive
contributions from personal consumption expenditures (PCE), private
inventory investment, exports, state and local government spending, and
nonresidential fixed investment. Imports, which are... more »
Someone is spending.
Someone is spending.
6
Trump and Abe Meet as Japan and U.S. Try to Reach Trade Deal
ANA SWANSON and MOTOKO RICH at NYT > Politics - 5 hours ago
A bilateral trade deal could give American farmers and ranchers access to
Japan’s market, but the United States may have to agree to some concessions.
Conditional surrender by Japan.
7
Conditional surrender by Japan.
7
U.S. Economy Grew at 3.2% Rate in First Quarter
BEN CASSELMAN at NYT > Politics - 5 hours ago
The report indicates that the 10-year recovery retains momentum, despite
recent fears that the year was off to a slow start.
Blip.
Paul KrugmanVerified account @paulkrugman 5 hours ago
Blip.
Paul KrugmanVerified account @paulkrugman 5 hours ago
Unexpectedly high GDP number, but it looks mostly like an inventory blip. These things have happened before -- for example, in 4th quarter 2009, which came in at 4.5% growth. And yes, I called it a blip at the time
On Politics: ‘Sorry’ Is Not Enough, Anita Hill Says
NYT > Politics - 9 hours ago
Joe Biden called Ms. Hill to express regret about the Clarence Thomas
hearings in 1991, but she told The Times she could not support his
presidential candidacy.
The Times got the quote.
" A panel of three federal judges ruled on Thursday that 34 congressional and state legislative districts in Michigan are unconstitutional partisan gerrymanders. The judges ordered state lawmakers to redraw maps in time for elections in 2020."
Michigan turns blue.
9
The Times got the quote.
" A panel of three federal judges ruled on Thursday that 34 congressional and state legislative districts in Michigan are unconstitutional partisan gerrymanders. The judges ordered state lawmakers to redraw maps in time for elections in 2020."
Michigan turns blue.
9
Friday: Q1 GDP
Calculated Risk at Calculated Risk - 16 hours ago
From Goldman Sachs today on Q1 GDP:
We boosted our Q1 GDP forecast by two tenths to *+2.6% (qoq ar)* ahead of
tomorrow’s advance release, reflecting the firm pace of durable inventory
growth and the surprising rebound in commercial aircraft shipments in March.
emphasis added
Friday:
• At 8:30 AM ET, *Gross Domestic Product, 1st quarter 2019* (Advance
estimate). The consensus is that real GDP increased 2.0% annualized in Q1,
down from 2.2% in Q4.
• At 10:00 AM, *University of Michigan's Consumer sentiment index* (Final
for April). The consensus is for a reading of 97.1.
Blip.
10
Blip.
10
North Korea Demanded $2 Million Before Releasing Comatose U.S. Student
EDWARD WONG at NYT > Politics - 17 hours ago
The bill for the medical care of Otto F. Warmbier, who was in a coma while
being detained, was passed to the Treasury Department, but it is unclear if
the Trump administration paid it.
Adding insult to injury.
The Soviet Union billed the familly for the firing squad's amunition.
11
Adding insult to injury.
The Soviet Union billed the familly for the firing squad's amunition.
11
Trump Says Xi Jinping of China Will Visit Soon, Stirring Anticipation of a Completed Trade Deal
ANA SWANSON at NYT > Politics - 17 hours ago
The president has suggested in the past that Mr. Xi would travel to the
United States for a signing ceremony once the countries have a final deal.
Fix a date.
12
Fix a date.
12
5 Questions That Will Determine if Joe Biden Can Succeed
JONATHAN MARTIN and ALEXANDER BURNS at NYT > Politics - 17 hours ago
Perhaps more than any other presidential front-runner in modern history, he
begins his bid confronting deep skepticism from friend and foe alike that
he can capture his party’s nomination.
These questions define the field of candidates.
13
These questions define the field of candidates.
13
On Politics With Lisa Lerer: Biden’s Campaign Will Test These 4 Ideas
MATT FLEGENHEIMER at NYT > Politics - 17 hours ago
In the On Politics newsletter: Now that Mr. Biden has entered the race, we
will see whether assumptions around his support, his past and his gaffes
prove true.
The rot in U.S. politics is the Republican party.
14
The rot in U.S. politics is the Republican party.
14
As Democrats Agonize, G.O.P. Is at Peace With Doing Nothing on Mueller’s Findings
GLENN THRUSH at NYT > Politics - 17 hours ago
As Democrats fret over impeachment, Senate Republicans who would be the
jury on an impeachment trial see nothing of import in the Mueller report
and its tales of potential obstruction.
True.
15
True.
15
Joe Biden Expresses Regret to Anita Hill, but She Says ‘I’m Sorry’ Is Not Enough
SHERYL GAY STOLBERG and CARL HULSE at NYT > Politics - 18 hours ago
Former Vice President Joseph R. Biden Jr. called Anita Hill this month to
express his regret over “what she endured” testifying against Justice
Clarence Thomas in 1991.
I see no way to make Anita Hill whole at this time.
The Chief Justice post is filled.
16
I see no way to make Anita Hill whole at this time.
The Chief Justice post is filled.
16
Interior Dept. Delays Its Plan to Open U.S. Coastline to Drilling
CORAL DAVENPORT at NYT > Politics - 18 hours ago
The decision is a setback to one of the Trump administration's signature
plans to encourage oil production as part of its "energy dominance" policy.
Fossil carbon production is an error.
17
Fossil carbon production is an error.
17
Merrill April Employment Report Forecast: 250K, 3.7%
Calculated Risk at Calculated Risk - 20 hours ago
A few brief excerpts from a Merrill Lynch research note:
We look for nonfarm payroll employment growth of 250k in the April Bureau
of Labor Statistics (BLS) employment report, to be released on May 3rd. …
we think the strong job growth should put further downward pressure on the
unemployment rate and look for it to decline to 3.7% from 3.8%. …
we look for wage growth to return back to the recent trend and forecast
that average hourly earnings growth of 0.3% mom
"garbage in; garbage out"
18
"garbage in; garbage out"
18
Why Ilhan Omar Is Making Headlines
NYT > Politics - 21 hours ago
Representative Ilhan Omar has only been in Congress for a few months, but
the barrier-breaking Democrat from Minnesota is gaining attention from
across the political spectrum and has become a target of the president.
Ilhan Omar practices Islam.
19
Ilhan Omar practices Islam.
19
On Washington: Trump’s Stonewalling Takes Clash Between Branches to a New Level
CARL HULSE at NYT > Politics - 23 hours ago
“There are no rules anymore in Washington,” a Republican ex-House member
from Virginia said, after saying he wasn’t surprised by the White House’s
hard-line stance that it would not respect subpoenas.
Congress ultimately controls.
20
Congress ultimately controls.
20
Kansas City Fed: "Tenth District Manufacturing Activity Grew More Modestly"
Calculated Risk at Calculated Risk - 1 day ago
From the Kansas City Fed: Tenth District Manufacturing Activity Grew More
Modestly
The Federal Reserve Bank of Kansas City released the April Manufacturing
Survey today. According to Chad Wilkerson, vice president and economist at
the Federal Reserve Bank of Kansas City, the survey revealed that Tenth
District manufacturing activity grew more modestly, but expectations for
future activity remained generally solid.
“Regional factory growth in April was a bit weaker than in March, but
similar to previous months,” said Wilkerson. “About a third of firms noted
that flooding and extreme... more »
Hopeful noise.
https://twitter.com/paulkrugman
Blip.
Hopeful noise.
https://twitter.com/paulkrugman
Blip.
No comments:
Post a Comment