Wednesday, June 12, 2019

@4;06, , 6/12/19

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1

‘You Should Be Ashamed’: How Jon Stewart Became an Advocate for 9/11 Victims

Michael Gold at NYT > Politics - 1 hour ago
The former “Daily Show” host angrily scolded lawmakers on Capitol Hill for not funding the health care of emergency personnel.
No other words are necessary. 

Biden Leads New Nevada Poll of 2020 Field, as Warren Surpasses Sanders

Matt Stevens at NYT > Politics - 1 hour ago
A Monmouth University poll of voters in Nevada, a key early-voting state, showed only three candidates polling in the double digits.
Biden is the most acceptable Democrat to Republicans. 

Houston Real Estate in May: Sales up 3% YoY, Inventory Up 10%

Calculated Risk at Calculated Risk - 2 hours ago
From the HAR: Houston Home Sales and Prices Gain Momentum in May Encouraged by continued low interest rates and a growing selection of housing options, home buyers kept the greater Houston real estate market in positive territory for a fourth straight month in May. As it did in April, the luxury segment (homes priced at $750,000 and above) led the way in sales volume, and rental properties moved briskly. Housing inventory grew to its largest level since August 2017, meeting consumer demand as the market prepares to segue into summer. *Sales of single-family homes increased 2.8 perce... more » 
I do not want to live in Houston.

Trump Asserts Executive Privilege on Census Documents Ahead of House Committee Contempt Vote

Charlie Savage and Julie Hirschfeld Davis at NYT > Politics - 3 hours ago
The House Oversight Committee is expected to recommend that the House hold Attorney General William P. Barr and Commerce Secretary Wilbur L. Ross Jr. in contempt over the census.
Trump does not have the right.

Bernie Sanders Delivers Defense of His Democratic Socialist Philosophy

Reid J. Epstein and Sydney Ember at NYT > Politics - 3 hours ago
Mr. Sanders, who is being portrayed as too extreme by President Trump and Republicans, presented his brand of socialism through a framework of economic rights.
https://en.wikipedia.org/wiki/Social_contract
150+ years of propaganda in favor of private business.

What Is Democratic Socialism? Whose Version Are We Talking About?

Maggie Astor at NYT > Politics - 3 hours ago
Bernie Sanders is giving a speech on democratic socialism. But if you ask five democratic socialists what the term means, you’ll likely get five different answers.
Bernie Sanders has the bully pulpit. 

Cleveland Fed: Key Measures Show Inflation Close to 2% YoY in May, Core PCE below 2%

Calculated Risk at Calculated Risk - 4 hours ago
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.3% annualized rate) in May. The 16% trimmed-mean Consumer Price Index also rose 0.1% (1.3% annualized rate) during the month. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report. Earlier today, the BLS reported that the seasonally adjusted CPI for all urba... more »
The nation is on the edge of deflation.  
8

Planned Parenthood to Host Women’s Health Forum for 2020 Democrats

Lisa Lerer at NYT > Politics - 5 hours ago
The majority of the candidates have agreed to participate in the forum, the first of the presidential primary season to focus on reproductive rights.
No woman should bear an unwanted child.

BLS: CPI increased 0.1% in May, Core CPI increased 0.1%

Calculated Risk at Calculated Risk - 7 hours ago
From the BLS: *The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in May* on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before seasonal adjustment. ... *The index for all items less food and energy increased 0.1 percent for the fourth consecutive month*. ... The all items index increased 1.8 percent for the 12 months ending May. *The index for all items less food and energy rose 2.0 percent over the last 12 months*, a... more » 
The Nation is on the edge of deflation.
10 

MBA: Mortgage Applications Increased Sharply in Latest Weekly Survey

Calculated Risk at Calculated Risk - 7 hours ago
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 26.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 7, 2019. The results for the week ending May 31, 2019 included an adjustment for the Memorial Day holiday. ... The Refinance Index increased 47 percent from the previous week. *The seasonally adjusted Purchase Index increased 10 percent from one week earlier*. The unadjusted Purchase Index increased 20 percent compared wi... more » 
Some people expect inflation.  
11

23 Democrats Are Running for President. Do Any of Them Know What They’re Doing?

Mark Leibovich at NYT > Politics - 9 hours ago
How do you unite a fractious base and defeat President Trump? No one seems to know, but that isn’t stopping them from giving it a try.
We have primary elections and a Democratic convention before the election is a question. 
12 

On Politics: Biden vs. Trump

NYT > Politics - 15 hours ago
In the most ferocious day of attacks so far in the campaign, the two men traded insults as they each campaigned in Iowa.
Marquis of Queensbury rules.
Trump can only hurt himself.
13 

A Truce Falters, and a Plan to Raise Congress’s Pay Falls Apart

Emily Cochrane at NYT > Politics - 19 hours ago
Democratic and Republican House leaders tried to broker a deal for an increase after a decade of frozen pay, but ran up against vulnerable freshmen Democrats.
People deserve a living wage for their place of work.
15 

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

Coral Davenport at NYT > Politics - 19 hours ago

True but not this fiscal year.

17

Buttigieg Outlines Foreign Policy Views, Urging End to ‘Endless War’

Trip Gabriel at NYT > Politics - 19 hours ago

https://en.wikipedia.org/wiki/Nineteen_Eighty-Four
A consideration of endless war.

18

Wednesday: CPI

Calculated Risk at Calculated Risk - 20 hours ago

CR speculates in California realestate.

19

House Approves Court Action to Enforce Democrats’ Subpoenas

Nicholas Fandos at NYT > Politics - 21 hours ago
The House voted on Tuesday to authorize its committees to go directly to court to enforce subpoenas that the Trump administration is resisting or ignoring.
Necessary.
20 

As 2020 Candidates Struggle to Be Heard, Their Grumbling Gets Louder

Lisa Lerer and Reid J. Epstein at NYT > Politics - 21 hours ago
There’s only so much room in the spotlight in the Democratic presidential race, leaving some candidates feeling left out. “It’s a ‘Hunger Games’ situation,” one said.
The civil fight is traditional.
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