Tuesday, June 4, 2019

@1:45. , 6/4/19

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1

Companies See Climate Change Hitting Their Bottom Lines in the Next 5 Years

Brad Plumer at NYT > Politics - 44 minutes ago
Some of the world's largest companies estimate they face roughly $1 trillion in climate-related risks, with most of that looming in just the next five years.
Corporations pay attention to the next year at most.

Trump Wins Ruling in House’s Border Wall Suit

Adam Liptak at NYT > Politics - 2 hours ago
A federal judge ruled that the House did not have standing to sue the Trump administration to stop construction of the border wall.
The fix was in.
The appeal will continue. 

Man Who Threatened to Kill 2 Senators Who Supported Kavanaugh Gets 18 Months in Prison

Jacey Fortin at NYT > Politics - 2 hours ago
Ronald DeRisi, 75, of Long Island, left expletive-laden voice mail messages at the offices of two senators and threatened to assault and shoot them.
Ronald DeRisi needs a different lawyer. 

Congress Gives Final Approval to Long-Delayed Disaster Aid

Emily Cochrane at NYT > Politics - 4 hours ago
An emergency relief package, stymied for months, will finally go to President Trump. It allocates billions of dollars in relief for hurricanes, fires and floods.
It is not signed.
The funds will be slow-walked.
The Jones  act remains.
https://en.wikipedia.org/wiki/Merchant_Marine_Act_of_1920

John Boehner: From Speaker of the House to Cannabis Pitchman

Elizabeth Williamson at NYT > Politics - 4 hours ago
In Congress, Mr. Boehner “unalterably opposed” legalizing marijuana. Now he’s pushing for it, with a $20 million Big Weed payday on the line.
Ugly.

Kushner Sees a Problem in Trump’s Fund-Raising, but Not Everyone Agrees

Maggie Haberman and Annie Karni at NYT > Politics - 4 hours ago
The involvement of the president’s son-in-law is described as something of a defensive move to prevent rivals from taking over a job with great power and proximity to the president.
The White house is opaque.

At MSNBC Town Hall, Pete Buttigieg Finds a Friendly Crowd

Maggie Astor at NYT > Politics - 4 hours ago
In the absence of hardball questions, Mr. Buttigieg delved into policy, at points appearing to work through the details of his ideas in real time.

I am not impressed.

Trump Suggests a Boycott of AT&T to Punish CNN

Michael M. Grynbaum and Edmund Lee at NYT > Politics - 4 hours ago
The president apparently didn’t like what he watched during a long flight to Britain. Investors yawned after his call for action.

Pointless.

Trump’s Day of Prayer

Lisa Lerer at NYT > Politics - 4 hours ago
In the On Politics newsletter: What do the president’s recent trips to Japan, Britain and a Virginia church have in common? Flattery.

 It is all about Trump.

10 

Tuesday: Auto Sales, Fed Chair Powell Opening Remarks

Calculated Risk at Calculated Risk - 6 hours ago
From Matthew Graham at Mortgage News Daily: Mortgage Rates Continue to Plummet Mortgage rates dropped quickly again today, easily hitting the lowest levels since late 2017 for the average lender. [Today's Most Prevalent Rates *30YR FIXED - 3.875%*] emphasis added Tuesday: • All day, *Light vehicle sales* for May. The consensus is for light vehicle sales to be 16.9 million SAAR in April, up from 16.4 million in April (Seasonally Adjusted Annual Rate). • At 9:55 AM, *Speech by Fed Chair Jerome Powell*, Opening Remarks, *Monetary Policy Strategy, Tools, and Communication Practices*, A... more »

11 

House Democrats, Aiming to Reinvigorate Inquiries, Set Hearings and Contempt Votes

Nicholas Fandos at NYT > Politics - 7 hours ago
The House Judiciary Committee next week will hold the first hearing on the findings of the special counsel, Robert S. Mueller III, but John Dean of Watergate fame will headline.

The blocking continues.

12 

At the Supreme Court, Justice Thomas Scoffs at Retirement Rumors

Adam Liptak at NYT > Politics - 7 hours ago
In a relaxed public interview, Justice Clarence Thomas reflected on his career and work at the Supreme Court.

Justice Thomas Should not have been appointed.

13 

When Police Officers Vent on Facebook

Shaila Dewan at NYT > Politics - 7 hours ago
Emily Baker-White’s systemic look at officers on social media found thousands of racist, Islamophobic or otherwise offensive posts. Here’s how (and why) she did it.

I am glad of the study.
By itself it will not clear the problems.
The command structure must act.
The civil war is not over yet.

14

A Former Business Partner Alleges the Trumps Evaded Taxes in Panama

Ben Protess and Steve Eder at NYT > Politics - 7 hours ago
The accusations, in a legal filing by the owners of a luxury hotel, escalate a dispute with the president’s company and are fraught with potential diplomatic and legal complexities.

The indictment must be made.  The trial may have to wait.

15

Trump’s Love Affair With the Royal Family Dates Back to His Mother

Ellen Barry at NYT > Politics - 7 hours ago
As a 6-year-old, Trump sat beside his mother as she watched Queen Elizabeth’s coronation, enthralled at the gilded splendor. His father scoffed at the ceremony.

It should have been known during Trump's campaign.

16

House Schedules First Hearing on Mueller’s Findings — Without Mueller

Nicholas Fandos at NYT > Politics - 9 hours ago
The House Judiciary Committee next week will hold the first hearing on the findings of the special counsel, Robert S. Mueller III, but John Dean will headline.

Action continues.

17

Update: Framing Lumber Prices Down Almost 50% Year-over-year

Calculated Risk at Calculated Risk - 10 hours ago
Here is another monthly update on framing lumber prices. Lumber prices declined from the record highs in early 2018, and are now down almost 50% 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 44% from a year ago, and CME futures are down 49% year-over-year. There is a seasonal pattern for lumber prices, and usually prices will increase in the Spring, ... more » 

Demand is low. 

18

Donald M. Fraser, Lawmaker Who Bared a South Korea Plot, Dies at 95

Robert D. McFadden at NYT > Politics - 11 hours ago
Mr. Fraser, who later served as mayor of Minneapolis, led House hearings that exposed a bribery conspiracy by South Korean intelligence agents and the Rev. Sun Myung Moon.

Christianity is not an excuse.



Sooner is better.   As soon as you can is best.

Why Elites Are Creating Surveillance States

Ian Welsh at Ian Welsh - 13 hours ago
It’s commonplace now to note that China is a surveillance state. But most other countries, including the UK and the US are on their way. Cameras proliferate everywhere, virtually everyone carries a phone which is tracked constantly (and 5G networks will be so precise they can tell which room of a building you are in,) […]

Detailed knowledge is worth money.

There will be a fight  about autocratic power.



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