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Trump’s Justices, With Much in Common, Take Different Paths
Justices Gorsuch and Kavanaugh were expected to a be jurisprudential twins.
In both style and substance, they have embraced different approaches.
Concurance is all that is required.
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Kudlow Breaks With Trump, Saying ‘Both Sides Will Pay’ in Trade War With China
Larry Kudlow’s acknowledgment was merely a recognition of Economics 101.
But it flew in the face of one of President Trump’s favorite arguments:
that trade wars are easy to win.
The obvious is a first for Kudlow.
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Political Memo: ‘There He Goes Again’? Not Yet, as Biden Avoids Major Gaffes
JONATHAN MARTIN at NYT > Politics - 2 hours ago
The Republicans continue to try to run Joe Biden for Democratic Candidate.
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Week-end Wrap – Political Economy – May 11, 2019
Tony Wikrent at Ian Welsh - 3 hours ago
Week-end Wrap – Political Economy – May 11, 2019 This post is by Tony
Wikrent “‘Purity Tests’: How Corporate Media Describe Progressives Standing
Up for Principles [CommonDreams.com, via Avedon’s Sideshow 4-28-19] “The
phrase is code for elites being pressured in ways they don’t like, and is
often a shield against legitimate criticism of corruption or dependence on
[…]
Tony Wikrent has done good work.
The tropics will probably die of heat.
https://www.nytimes.com/2018/06/19/climate/koch-brothers-public-transit.html
http://downwithtyranny.blogspot.com/2019/05/high-speed-rail-much-greener-way-to.html
https://www.juancole.com/2019/05/reality-classes-supposedly.html
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Q2 GDP Forecasts: Around 2%
Calculated Risk at Calculated Risk - 4 hours ago
From Merrill Lynch:
We are tracking 3.0% for 1Q GDP. ... *2Q remains at 2.1%*. [May 10 estimate]
emphasis added
From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at *2.2% for 2019:Q*2. [May 10
estimate].
And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual
rate) in the *second quarter of 2019 is 1.6 percent on May 9*, down from
1.7 percent on May 3. [May 9 estimate]
CR Note: These early estimates suggest real GDP growth will be around 2%
annualized in Q2.
Falling.
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Trump Tries to Bring Hungary’s Orban in From the Cold
BENJAMIN NOVAK and PATRICK KINGSLEY at NYT > Politics - 7 hours ago
President Trump’s audience with Prime Minister Viktor Orban will be a
meeting of like minds. It’s also an effort to get Mr. Orban to prioritize
U.S. interests.
Trump agrees with Orban.
I do not.
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Pete Buttigieg Confronts Race and Identity in Speech to Gay Group
JEREMY W. PETERS at NYT > Politics - 9 hours ago
Speaking at a fund-raiser for L.G.B.T. causes, Mr. Buttigieg warned that
identity politics was corrosive and urged greater unity among historically
oppressed groups.
Pete Buttigieg will probably be on the Democratic platform commitee.
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Trump Has a Strong Economy to Proclaim. In Wisconsin, It Just Might Work.
JEREMY W. PETERS at NYT > Politics - 19 hours ago
With good job creation and low unemployment, the president may have a
winning message — if he can stay on it — in crucial swing counties near the
Mississippi River.
https://www.juancole.com/2019/05/reality-classes-supposedly.html
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Biden’s 2020 Rivals Attack Him From the Left on Climate Change
LISA FRIEDMAN at NYT > Politics - 19 hours ago
A report that Mr. Biden is seeking a “middle ground” on climate change has
sparked attacks from progressive Democratic candidates.
Yes.
He deserves the criticism.
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Trump Has a Strong Economy to Proclaim. In Wisconsin, It Just Might Work.
JEREMY W. PETERS at NYT > Politics - 1 day ago
With good job creation and low unemployment, the president may have a
winning message — if he can stay on it — in crucial swing counties near the
Mississippi River.
https://www.juancole.com/2019/05/reality-classes-supposedly.html
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News Analysis: Trump Said He Would Tame Rogue Nations. Now They Are Challenging Him.
DAVID E. SANGER and EDWARD WONG at NYT > Politics - 1 day ago
President Trump said Barack Obama was a patsy who had allowed North Korea,
Iran and Venezuela to run roughshod over him. But those nations are pushing
back against Mr. Trump.
Trump has been backing down.
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Trump has been backing down.
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‘It’s Like the Wild West’: Sexual Assault Victims Struggle in K-12 Schools
ERICA L. GREEN at NYT > Politics - 1 day ago
Most of these children are not riding the hormone wave.
The actions are taught by the larger environment.
There is a need for cultural change.
It can begin on an individual basis.
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On Washington: When It Comes to Republican Defectors, Current Crisis Is No Watergate
CARL HULSE at NYT > Politics - 1 day ago
As history has shown with the Watergate and Iran-contra scandals, such
investigations can gain legitimacy only when members of the president’s own
party support them.
Republican party loyalty is enforced by the Tea party.
The Tea party is owned by the Koch brothers.
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Republican party loyalty is enforced by the Tea party.
The Tea party is owned by the Koch brothers.
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Schedule for Week of May 12, 2019
Calculated Risk at Calculated Risk - 1 day ago
The key reports this week are April housing starts and retail sales.
For manufacturing, the April Industrial Production report and the May NY
and Philly Fed manufacturing surveys will be released this week.
*----- Monday, May 13th -----*
No major economic releases scheduled.
*----- Tuesday, May 14th -----*
6:00 AM ET: NFIB *Small Business Optimism Index* for April.
11:00 AM: NY Fed: *Q1 Quarterly Report on Household Debt and Credit*
*----- Wednesday, May 15th -----*
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results
for the *mortgage purchase applications ind... more »
CR continues to publish guesses.
Sometimes they are correct.
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CR continues to publish guesses.
Sometimes they are correct.
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‘So Help Me God’ No More: Democrats Give House Traditions a Makeover
CATIE EDMONDSON at NYT > Politics - 1 day ago
The Democrats running the House are changing things, including sometimes
omitting words from the swearing-in oath, and some Republicans are not
pleased.
End this vain prayer.
Separation of church and state is essential.
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End this vain prayer.
Separation of church and state is essential.
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Australia and the U.S. Are Old Allies. China’s Rise Changes the Equation.
NEIL IRWIN at NYT > Politics - 1 day ago
Economic geography is proving more significant than historical alliances.
"Money talks"
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"Money talks"
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Rudy Giuliani Cancels His Trip to Ukraine, Blaming Democrats’ ‘Spin’
KENNETH P. VOGEL at NYT > Politics - 1 day ago
President Trump’s personal lawyer was facing withering criticism from
Democrats who accused him of seeking foreign assistance for the president’s
re-election campaign.
Ukraine is a sovereign nation.
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Ukraine is a sovereign nation.
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On Politics: The Biggest Stories of the Week
MARGARET KRAMER at NYT > Politics - 1 day ago
It’s been a busy week in American politics. Here are some of the stories
you might have missed.
I have been keeping up.
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I have been keeping up.
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Trump Sees a China Trade Deal Through a New Prism: The 2020 Election
MARK LANDLER and ANA SWANSON at NYT > Politics - 1 day ago
The president’s recent statements suggest he now believes that
demonstrating his toughness with China and walking away from a deal might
well put him in a better position politically than signing one.
Trump will get approval for acting tough.
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House Ways and Means Chairman Subpoenas Trump Tax Returns
Trump will get approval for acting tough.
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House Ways and Means Chairman Subpoenas Trump Tax Returns
NICHOLAS FANDOS at NYT > Politics - 1 day ago
Richard E. Neal, the panel’s chairman, dropped his use of a century-old
provision in the tax code and instead used a more common instrument to
demand President Trump’s tax returns: the subpoena.
No change.
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No change.
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Pentagon Builds Deterrent Force Against Possible Iranian Attack
JULIAN E. BARNES and ERIC SCHMITT at NYT > Politics - 1 day ago
The Defense Department is deploying an antimissile battery, a limited step
taken in part because an intelligence analysis concluded that Iran is
trying to provoke the United States into overreacting.
Forward planning is a duty of the staff.
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Forward planning is a duty of the staff.
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Is Andrew Yang ‘Too Nice’ to Beat President Trump?
MATT STEVENS at NYT > Politics - 1 day ago
He faced the question again in New Hampshire as Kamala Harris and Joe Biden
were ratcheting up their attacks on the president.
Nice is not required. Polite might help.
Nice is not required. Polite might help.
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