Friday, June 28, 2019

@20:09, , 6/28/19

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1

European Talks With Iran End, Leaving Nuclear Issue Unsettled

David E. Sanger at NYT > Politics - 57 minutes ago
Iran’s deputy foreign minister said Tehran will now decide whether to follow through on a plan to breach limits on how much nuclear fuel the country can hold.
The reactor fuel can be sold. 
Holding it is a tool to use against Trump's irrational fear.

Republicans Revel in Biden’s Debate Troubles, but See a New Threat in Harris

Annie Karni and Jeremy W. Peters at NYT > Politics - 57 minutes ago
Trump campaign aides and allies acknowledged that the California senator could be a vexing rival and that the Democratic race will be more unpredictable than they had thought.
Biden is the Republicans favorite Democrat.

Matt Gaetz, a Trump Ally, Is in Hot Water Again for Cohen Threat

Nicholas Fandos at NYT > Politics - 57 minutes ago
Representative Matt Gaetz ignored the House Ethics Committee’s request for an interview as it examined an accusation of witness intimidation. Now he faces an ethics inquiry.
Matt Gaetz is not a wise man.

What We Know About Joe Biden’s Record on School Busing

Matt Stevens at NYT > Politics - 57 minutes ago
During the Democratic debate Thursday night, Senator Kamala Harris recalled Mr. Biden’s opposition to school busing in the 1970s. Here’s a look at the history.
Read it if you wish.

Senate Rejects Curb on Trump’s Authority to Strike Iran

The Senate shot down a measure that would have required President Trump to seek Congress’s approval before launching an offensive military strike on Iran.
Mitch McConnell engineered the vote.

Fannie Mae: Mortgage Serious Delinquency Rate Decreased in May, Lowest Since July 2007

Calculated Risk at Calculated Risk - 3 hours ago
Fannie Mae reported that the Single-Family Serious Delinquency rate decreased to 0.70% in May, from 0.72% in April. The serious delinquency rate is down from 1.03% in May 2018. These are mortgage loans that are "three monthly payments or more past due or in foreclosure". The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. This is the lowest serious delinquency rate for Fannie Mae since July 2007. [image: Fannie Freddie Seriously Delinquent Rate]*Click on graph for larger image* *By vintage*, for loans made in 2004 or earlier (3% of portfolio), 2.57% are ser... more » 
High incomes can afford big loans.  
7

A Day After Bruising Debate, Biden Pushes Back Against Criticism on Civil Rights

Julie Bosman and Katie Glueck at NYT > Politics - 5 hours ago
Multiple rivals attacked the former vice-president in Thursday’s debate, but he has survived setbacks before in this campaign.
Denial never should work against solid evidence.

Where Is Kamala Harris on Medicare for All vs. Private Insurance?

Margot Sanger-Katz at NYT > Politics - 5 hours ago
A candidate has a history of making conflicting comments about a divisive health care plan.
Everyone should get good health care.  
People can find other ways to die early.

E. Jean Carroll, in Her Own Words

Maya Salam at NYT > Politics - 5 hours ago
The writer who has accused President Trump of sexually assaulting her in the 1990s speaks to The New York Times.
Trump is known to lie.
10 

Polling This Time In 2015

Ian Welsh at Ian Welsh - 5 hours ago
Found this tweet, thought it was important enough to share: Polling at this point in GOP race in 2015: Jeb Bush 22% Scott Walker 17% Marco Rubio 14% Ben Carson 11% Mike Huckabee 9% Rand Paul 7% Rick Perry 5% Ted Cruz 4% Chris Christie 4% Carly Fiorina 2% Donald Trump 1% Anyone who thinks […]

Ian Welsh makes his point.
Mine is let us begin as we wish to continue.
Sooner is better.   As soon as you can is best.

11 

Earlier: Chicago PMI "First sub-50 reading since January 2017"

Calculated Risk at Calculated Risk - 6 hours ago
From the Chicago PMI: Chicago Business Barometer – Declines to 49.7 in June *The MNI Chicago Business Barometer decreased by 4.5 points to 49.7 in June from 54.2 in May, marking the first sub-50 reading since January 2017*. Business confidence dipped significantly in Q2, with the Barometer averaging 52.2, down 13% on the previous quarter and almost 16% lower than Q2 2018. ... “The Barometer entered contraction territory, having remained above 50 for over two years. With customers rethinking their purchases, demand tumbled, and consequently firms pulled back production, weakening ov... more » 

This is not a happy indicator.

12 

Buttigieg’s Debate Remarks on Police Shooting Don’t Satisfy Some Back Home

Trip Gabriel at NYT > Politics - 7 hours ago
At Thursday’s presidential debate, Mr. Buttigieg, the South Bend mayor, was forced to address the police shooting that has consumed his campaign for more than a week.

Some people are never satisfied.

https://www.youtube.com/watch?v=TytGOeiW0aE

The enthusiasts know no limits.

13 

What We Learned From the 2020 Democratic Debates

Shane Goldmacher at NYT > Politics - 7 hours ago
Joe Biden is a fragile front-runner. Kamala Harris has a big chance to build political momentum. And the competition between Elizabeth Warren and Bernie Sanders is intensifying.

Ok; I did not ask for opinions.

14 

Is Marianne Williamson a Fringe Candidate? Or a Likely One?

Gabrielle Bluestone at NYT > Politics - 7 hours ago
After Donald Trump, what should a president be, anyway?

"“A person who has no conscience, a person who has no remorse, is a sociopath. And an economic system that displays no conscience and no remorse, for whom making your own short-term profit, a justifiable bottom line, no matter who or what gets hurt, is a sociopathic economic system,” Ms. Williamson said earlier this year on the campaign trail"

 Marianne Williamson is not my choice.  She is correct.

15 

What We Learned From the 2020 Democratic Debates

Shane Goldmacher at NYT > Politics - 7 hours ago


A first lesson.


16

Trump’s Case for China Tariffs Fails to Persuade Americans

Ben Casselman and Jim Tankersley at NYT > Politics - 7 hours ago
A survey finds that voters think the trade measures will be bad for the United States, and that even most Republicans say they will lead to higher prices.

Trump is an autocrat.
He does not do negotiation.

17 

Democrat vs. Democrat: How Health Care Is Dividing the Party

Abby Goodnough and Thomas Kaplan at NYT > Politics - 7 hours ago
An issue that united the party in 2018 has potential to fracture it in 2020.

The selection of the Democratic candidate is begun.

18 

Supreme Court Will Not Hear Bid to Revive Alabama Abortion Ban

Adam Liptak at NYT > Politics - 7 hours ago
The Supreme Court declined to revive an Alabama law that would have banned a method used in 99 percent of abortions performed in the state after 15 weeks.

Abortion remains the law of the land.

19 

Kamala Harris Makes the Case That Joe Biden Should Pass That Torch to Her

Matt Flegenheimer and Alexander Burns at NYT > Politics - 7 hours ago
With one exchange about race, the senator began to take aim at Joe Biden’s tenuous hold on his front-runner status in the Democratic presidential field.

Passing the torch is not within Bidens power.

20 

Q2 GDP Forecasts: Around 1.5%

Calculated Risk at Calculated Risk - 8 hours ago
From Goldman Sachs: The May core PCE price index increased 0.19% month-over-month, close to expectations, but the year-over-year exceeded consensus by a tenth reflecting the price revisions in yesterday’s GDP report. Personal spending increased by 0.4% and was revised higher in April, and the personal saving rate remained flat at 6.1%. *We left our Q2 GDP tracking estimate unchanged at +1.5% (qoq ar).* [June 28 estimate] emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at *1.3% for 2019:Q2* and 1.2% for 2019:Q3. [June 28 estimate]. And from t... more » 

This does not seem a happy number.


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