Monday, May 20, 2019

@17:50, , 5/19/19

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1

R.N.C. Accepts Money From Steve Wynn, Mogul Accused of Sexual Misconduct

MAGGIE HABERMAN and ANNIE KARNI at NYT > Politics - 1 hour ago
The billionaire former casino mogul recently gave hundreds of thousands of dollars to the Republican National Committee, and was spotted at a Trump re-election fund-raiser.
 
I am not shocked.
 
 2

Trump to Open Middle East Peace Drive With Economic Conference

PETER BAKER at NYT > Politics - 1 hour ago
The White House announced on Sunday that it would hold an “economic workshop” in Bahrain on June 25 and 26, the first stage of President Trump’s peace plan.
 
I will be surprised by positive results.
 

Trump Calls Representative Justin Amash a ‘Loser’ Over Impeachment Talk

GLENN THRUSH at NYT > Politics - 3 hours ago
Mr. Amash, a Michigan Republican, found no other members of Congress from his party joining him after he said the president’s behavior met the “threshold for impeachment.”
 
Trump can't admit the facts.
 

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

DAVID ENRICH at NYT > Politics - 3 hours ago
Anti-money laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and his son-in-law. Bank managers said no.
 
This is news to me.  

Deutsche Bank is not a lawabiding institution.
The liberal culture gets no help from them.
 

Week-end Wrap – Political Economy – May 18, 2019

Tony Wikrent at Ian Welsh - 4 hours ago
Week-end Wrap – Political Economy – May 18, 2019 This post is by Tony Wikrent Strategic Political Economy The Pivot Point [Craig Murray, via Naked Capitalism 5-17-19] The massive economic shock following the banking collapse of 2007–8 is the direct cause of the crisis of confidence which is affecting almost all the institutions of western […]
 
https://en.wikipedia.org/wiki/First_Barbary_War
 
https://en.wikipedia.org/wiki/Creative_disruption
 
https://en.wikipedia.org/wiki/Disruptive_innovation 
 
https://en.wikipedia.org/wiki/TBWA_Worldwide 
 
https://en.wikipedia.org/wiki/Homeostasis 
 
https://en.wikipedia.org/wiki/Culture
 
https://en.wikipedia.org/wiki/Civilization
 
Civilization contains many cultures.
A culture does not contain many civilizations.
A culture is homeostatic once established.
The U.S. culture is homeostatic.
The problem is the cultural homeostasis is multiply valued. 
 
 6

Hotels: Occupancy Rate Decreased Slightly Year-over-year

Calculated Risk at Calculated Risk - 5 hours ago
From HotelNewsNow.com: STR: US hotel results for week ending 11 May The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 5-11 May 2019, according to data from STR. In comparison with the week of 6-12 May 2018, the industry recorded the following: • *Occupancy: -0.3% to 68.3%* • Average daily rate (ADR): +1.2% to US$131.72 • Revenue per available room (RevPAR): +0.9% to US$89.94 emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four week average. [image: Hot... more » 
 
CR is worried
 

16-Year-Olds Want a Vote. Fifty Years Ago, So Did 18-Year-Olds.

MAGGIE ASTOR at NYT > Politics - 5 hours ago
In 1969, three college students in New Jersey built a network of 10,000 volunteers to lower the voting age. Now, campaigns are sprouting up again.
 
Children want power over their lives.
 
 Parents occupation is protecting children from the responsibilities of power. 
 

Harry Reid Remembers One Impeachment and Ponders a Second

JONATHAN MARTIN at NYT > Politics - 5 hours ago
 
Trump should not get a second term.
Pence first.
 

Robert Mnuchin Would Rather Not Discuss His Client (or His Son)

JACOB BERNSTEIN at NYT > Politics - 5 hours ago
The treasury secretary’s father, a New York art dealer, paid a record price last week for a work by a living artist. But for whom?
 
I am not in this class of art.
 
I have the crafts but not the aesthetic drive.
 
10 

Abortion Fight or Strong Economy? For G.O.P., Cultural Issues Undercut 2020 Message

JONATHAN MARTIN and ALEXANDER BURNS at NYT > Politics - 12 hours ago
The longstanding verity that Americans vote with their pocketbook may be tested in the presidential election like never before, as Trump injects cultural and identity issues into the race.
 
The abortion fight is not going away.
 
The "strong economy" appears hollow.
 
11 

Why Trump Can’t Get Enough of the Rose Garden

ANNIE KARNI at NYT > Politics - 12 hours ago
Mr. Trump has embraced the Rose Garden as a setting for public events — a literal interpretation of a time-tested strategy for incumbents seeking re-election.
 
Donald Trump has no experience with roses.
 
12 

Trump’s New Favorite Venue: the Rose Garden

NYT > Politics - 12 hours ago
The White House Rose Garden has become one of President Trump’s favorite spots for public events, whether it’s making policy announcements or welcoming world leaders.
 
The bullet proof glass doors must please him.
 
13 

India Election: Voting Ends and Exit Polls Predict a Modi Win

DOUGLAS SCHORZMAN and KAI SCHULTZ at NYT > Politics - 14 hours ago
The world’s biggest election will determine whether Prime Minister Narendra Modi stays in power. Here’s how it happened, and what comes next.
 
There is no peace in India.
 
14 

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

BRIAN M. ROSENTHAL at NYT > Politics - 14 hours ago
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
 
The taxi industry has been in colapse for a decade.
 
Uber and Lyft do not help.
 
15 

Breaking With Party, G.O.P. Lawmaker Says Trump’s Conduct Reaches ‘Threshold of Impeachment’

GLENN THRUSH at NYT > Politics - 20 hours ago
Representative Justin Amash, known as a contrarian, accused the president of engaging in “impeachable conduct.”
 
That's one.
 
16 

Trump Warns That Rising Border Crossings May Require an Extra $1.4 Billion

PETER BAKER at NYT > Politics - 22 hours ago
In a letter to Congress, the administration said the flow of unaccompanied children at the border has exceeded projections of just weeks ago and may require more money for housing and care.

They cannot be held.
Release them to their care givers with a hearing date.
 
17 

Biden Delivers Call for National Unity at Philadelphia Rally

KATIE GLUECK at NYT > Politics - 1 day ago
Mr. Biden trained his eye squarely on the general election as he cast the contest against President Trump as a struggle for the soul of the country.
 
The only national unity available is Republican.
 
18 

Conservative Group Wants to Bring ‘Brass Knuckles’ Approach to Judicial Fray

CARL HULSE at NYT > Politics - 1 day ago
The group will be led by a former Senate and White House aide who was a central figure in the confirmations of Justices Neil M. Gorsuch and Brett M. Kavanaugh.
 
The Republican party will allow only reactionary judges.
 
19 

What Does It Really Mean to Be 6 Weeks Pregnant?

CHRISTINA CARON at NYT > Politics - 1 day ago
So-called ‘heartbeat’ legislation restricting abortion as early as six weeks into pregnancy has started a conversation about when most women actually learn that they’re pregnant.
 
Most do not know until weeks after the deadline.
 
20 

Schedule for Week of May 19, 2019

Calculated Risk at Calculated Risk - 1 day ago
The key reports this week are April New and Existing Home Sales. For manufacturing, the May Kansas City manufacturing survey will be released. *----- Monday, May 20th -----* 8:30 AM ET: *Chicago Fed National Activity Index* for April. This is a composite index of other data. *----- Tuesday, May 21st -----* [image: Existing Home Sales]10:00 AM: *Existing Home Sales* for April from the National Association of Realtors (NAR). The consensus is for 5.36 million SAAR, up from 5.21 million. The graph shows existing home sales from 1994 through the report last month. Housing economist Tom ... more » 
 
History.
  
 
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