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[worldNews] Strong quake off Turkish and Greek coasts kills two, injures scores more ATHENS/ANKARA (Reuters) - A powerful earthquake of magnitude 6.7 killed two people and injured scores more when it struck near major Turkish and Greek tourist destinations in the Aegean Sea early on Friday, Turkish and Greek officials said.
Published:7/21/2017 12:16:05 AM
[Entertainment] American Horror Story Season 7 Title Revealed American Horror Story: RoanokeSeason seven of American Horror Story is officially American Horror Story: Cult. Series co-creator Ryan Murphy made the reveal at SDCC on Thursday after weeks of teasing the upcoming...
Published:7/21/2017 12:16:05 AM
[topics:organisations/conservative-party] 'Any member of Cabinet who is not working to make Britain a better place after Brexit should be removed' - Chopper's Brexit Podcast Episode 19 Published:7/21/2017 12:16:05 AM
[Markets] Futures Movers: Oil steadies as investors wait for rig data, OPEC meeting Overnight, the international benchmark Brent hit reached the $50-a-barrel level for the first time in more than a month before the slide in U.S. trading that some attributed to profit-taking
Published:7/21/2017 12:16:05 AM
[PAID] Trump's Nafta Stakes How to renegotiate the treaty without blowing up the economy. Published:7/20/2017 11:45:14 PM
[World] Mexico's Right should stop antagonizing Trump It is imperative that we understand the United States is the senior partner in our relationship and that it is important to accommodate thei... Published:7/20/2017 11:45:13 PM
[storytype:standard] 'We were all screaming': Quake-struck tourists in Greece and Turkey describe night of chaos Published:7/20/2017 11:45:13 PM
[World] The Latest: OJ Simpson is granted parole in armed robbery LOVELOCK, Nev. (AP) — The Latest on O.J. Simpson's parole hearing (all times local): Published:7/20/2017 11:20:20 PM
[American people of German descent] Trump Is Looking to Stop Mueller; The Left Prepares for Full Chimp Out

Content originally published at iBankCoin.com

If God is truly great, Trump will fire Mueller, seize his documents, and have him arrested for colluding with the media and plotting a coup against the President. If chaos is truly set to rain down upon us, like the ash at Pompeii, we will need Trump to start taking militant action against his enemies.

This is the end game now -- just 6 months into his Presidency.

You know it's war, especially since he stopped the CIA project to arm and support ISIS in Syria. I know you cucks will say "they were moderate rebels." Bullshit. They were ISIS. Now be quiet about it.

Reports are swirling tonight, after another leak out of Mueller's stupid investigative committee suggesting they were widening their probe into Trump's business, the President's lawyers are now looking to stop him.

Via McClatchy:

With the Russia investigation continuing to widen, Trump's lawyers are working to corral the probe and question the propriety of the special counsel's work. They are actively compiling a list of Mueller's alleged potential conflicts of interest, which they say could serve as a way to stymie his work, according to several of Trump's legal advisers.
 
A conflict of interest is one of the possible grounds that can be cited by an attorney general to remove a special counsel from office under Justice Department regulations that set rules for the job.
 
The president is also irritated by the notion that Mueller's probe could reach into his and his family's finances, advisers said.
 
Trump has been fuming about the probe in recent weeks as he has been informed about the legal questions that he and his family could face. His primary frustration centers on why allegations that his campaign coordinated with Russia should spread into scrutinizing many years of Trump dealmaking. He has told aides he was especially disturbed after learning Mueller would be able to access several years of his tax returns.

When comparing it to the impeachment investigation into President Clinton, one source for McClatchy said it paled in comparison.

"This is Ken Starr times 1,000," said one lawyer involved in the case, referring to the independent counsel who oversaw an investigation that eventually led to House impeachment proceedings against President Bill Clinton. "Of course, it's going to go into his finances."

 
The article then veered off the reservation and into lunaticville, discussing scenarios where the President would simply pardon himself. This is pure theoretical nonsense and McClatchy knows it.
 

Currently, the discussions of pardoning authority by Trump's legal team is purely theoretical, according to two people familiar with the ongoing conversations. But if Trump pardoned himself in the face of the ongoing Mueller investigation, it would set off a legal and political firestorm, first around the question of whether a president can use the constitutional pardon power in that way.
 
"This is a fiercely debated but unresolved legal question," said Brian Kalt, a constitutional law expert at Michigan State University who has written extensively on the question.
 
The power to pardon is granted to the president in Article II, Section 2, of the Constitution, which gives the commander in chief the power to "grant Reprieves and Pardons for Offences against the United States, except in Cases of Impeachment." That means pardon authority extends to federal criminal prosecution but not to state level or impeachment inquiries.
 
No president has sought to pardon himself, so no courts have reviewed it. Although Kalt says the weight of the law argues against a president pardoning himself, he says the question is open and predicts such an action would move through the courts all the way to the Supreme Court.
 
"There is no predicting what would happen," said Kalt, author of the book, "Constitutional Cliffhangers: A Legal Guide for Presidents and Their Enemies." It includes chapters on the ongoing debate over whether presidents can be prosecuted while in office and on whether a president can issue a pardon to himself.

 
Preet Bharara, former U.S. Attorney for the Southern District of New York, and the left's new hero because he was fired by Trump -- is talking greasy on Twitter. You could see why he got fired. He's an idiot.

Trump supporters are fairly uniform in their disdain for Mueller. They'd rather see him executed than continue to investigate 'russian ties.' The left and the deep staters, are adamant about it -- because they know the fix is in. Mueller is staffed with Clinton lawyers, whose sole focus is to destroy Trump and reimplement their neocon schemes of war by any means necessary.

Tucker Carlson discussed this issue with Krauthammer, who warned that this investigation is heading towards a 'fishing expedition.'

Published:7/20/2017 11:20:18 PM
[Markets] Asia Markets: Asian markets cool off following recent surge Equities across the Asia-Pacific region were lower on Friday, taking a breather from the recent surge where gains in Australian shares lagged behind other indexes as sharp moves its currency plagued stocks.
Published:7/20/2017 11:20:18 PM
[Climate Communications] Banishing Questions and/or Dissenting Viewpoints by Russell Cook Imagine a scenario where you believe a lack of public understanding about a critically important scientific issue is impeding progress on solving the issue. Since many common people communicate through social media, you’d welcome inquiries and constructive criticism from myriad Twitter users because this would allow you to not only solidify the… Published:7/20/2017 11:20:18 PM
[World] Sessions forcing Congress' hand to reform civil forfeiture Attorney General Jeff Sessions is now trying to undo the states' progress in protecting property rights. Published:7/20/2017 11:20:18 PM
[Science] Marc Kasowitz to take reduced role in Trump's legal team as part of shakeup of Russia probe defense team A veteran Washington defense lawyer, John Dowd, will reportedly now take the lead in representing Trump for the Russia inquiries. Published:7/20/2017 11:20:18 PM
[World] The Latest: OJ Simpson is granted parole in armed robbery LOVELOCK, Nev. (AP) — Published:7/20/2017 10:48:26 PM
[Borders of the United States] U.S. Cocaine Seizures Are Going Through The Roof

U.S. Customs and Border Patrol (CBP) has almost doubled the amount of cocaine seized this fiscal year compared to the year before.

Infographic: U.S. Cocaine Seizures Going Through the Roof | Statista

You will find more statistics at Statista

As Statista's Dyfed Loesche notes, more than two months before this fiscal year ends on September 30 the agency has seized more than 121,000 million pounds of cocaine.

As our infographic shows, this year the greater share was seized by the biggest CBP branch, the Office of Field Operations. This arm of CBP mans all 328 ports of entry (seaports, airports, border crossings etc.) while Border Patrol officer operate out in the open between those ports.

Published:7/20/2017 10:48:24 PM
[Hack] Microsoft is quietly fighting a clever war against Russian hacking group Fancy Bear  While the White House mulls striking up a joint cyber program with Russia, an unlikely vigilante is taking care of business. As the Daily Beast reports, Microsoft has been waging a quiet war against the hacking entity known as Fancy Bear, which is believed to be associated with the GRU, Russia’s covert military intelligence agency. In 2016, Microsoft’s legal team sued Fancy Bear… Read More
Published:7/20/2017 10:48:24 PM
[The Blog] Pew: 35% of Democrats say a friend’s vote for Trump would “strain” their relationship

Tools.

The post Pew: 35% of Democrats say a friend’s vote for Trump would “strain” their relationship appeared first on Hot Air.

Published:7/20/2017 10:18:49 PM
[Gay marriage] It never was about gay marriage; it was always about destroying religion

Feeling the wind at their backs, gay marriage advocates are increasingly open about their true agenda: destroying Judeo-Christian faiths in America. Me, in 2008: The second problem right now with the emphasis on changing [the civil definition of marriage to include same sex marriage] is the risk that there will be direct challenges between church […]

The post It never was about gay marriage; it was always about destroying religion appeared first on Bookworm Room.

Published:7/20/2017 10:18:49 PM
[The Declaration] California Man Threatens to Call Cops on Girl for Lemonade Stand — It Backfires in the Most Epic Way "Our faith in humanity has been restored." Published:7/20/2017 10:18:49 PM
[TC] Crunch Report | Elon Musk Wants To Make Infrastructure Great Again Legendary Pokémon come to Pokémon GO, Elon Musk says he has verbal OK to build tunnel on the East Coast, YouTube Live launches in 10 more markets and Intel launches deep learning on a stick with Movidius technology. All this on Crunch Report! Read More
Published:7/20/2017 10:18:49 PM
[Politics] WaPo: Trump asking lawyers if he can PARDON HIMSELF and his family members… The Washington Post is reporting tonight that their super-secret sources tell them Trump is now asking if he can pardon himself and his kids. Some of President Trump’s lawyers are exploring ways . . . Published:7/20/2017 10:18:49 PM
[Politics] WaPo: Trump asking lawyers if he can PARDON HIMSELF and his family members… The Washington Post is reporting tonight that their super-secret sources tell them Trump is now asking if he can pardon himself and his kids. Some of President Trump’s lawyers are exploring ways . . . Published:7/20/2017 10:18:49 PM
[Afghanistan] Washington's "Good Terrorists, Bad Terrorists" Policy In The Middle East

Authored by Nauman Sadiq vis OrientalReview.org,

Karl Marx famously said that history repeats itself, first as tragedy, second as farce. The only difference between the Afghan jihad back in the ‘80s that spawned Islamic jihadists like the Taliban and al Qaeda for the first time in history and the Libyan and Syrian civil wars, 2011-onward, is that the Afghan jihad was an overt jihad: back then, the Western political establishments and their mouthpiece, the mainstream media, used to openly brag that the CIA provides all those AK-47s, RPGs and stingers to the Afghan so-called “freedom fighters” to combat the Soviet troops in Afghanistan.

A page of British The Independent newspaper, issued Dec 6, 1993

After the 9/11 tragedy, however, the Western political establishments and corporate media have become a lot more circumspect, therefore this time around, they have waged covert jihads against the Arab-nationalist Gaddafi regime in Libya and Assad regime in Syria, in which Islamic jihadists (aka terrorists) have been sold as “moderate rebels” with secular and nationalist ambitions to the Western audience.

Since the regime change objective in those hapless countries went against the mainstream narrative of ostensibly fighting a war against terrorism, therefore the Western political establishments and the corporate media are now trying to muddle the reality by offering color-coded schemes to identify myriads of militant and terrorist outfits that are operating in Syria: such as the red militants of the Islamic State and al-Nusra Front, which the Western powers want to eliminate; the yellow Islamic jihadists, like Jaysh al-Islam and Ahrar al-Sham, with whom the Western powers can collaborate under desperate circumstances; and the green militants of the Free Syria Army (FSA) and a few other inconsequential outfits, which together comprise the so-called “moderate” Syrian opposition.

If we were to draw parallels between the Soviet-Afghan jihad of the ‘80s and the Syrian civil war of today, the Western powers used the training camps located in the Af-Pak border regions to train and arm Afghan “Mujahideen” against the Soviet troops in Afghanistan.

Similarly, the training camps located in the border regions of Turkey and Jordan are being used to provide training and weapons to Sunni Arab militants to battle the Shi’a-dominated Syrian regime with the collaboration of Turkish, Jordanian and Saudi intelligence agencies.

During the Afghan jihad, it is a known historical fact that the bulk of so-called “freedom fighters” was comprised of Pashtun Islamic jihadists, such as the factions of Jalaluddin Haqqani, Gulbuddin Hekmatyar, Abdul Rab Rasul Sayyaf and scores of others, some of which later coalesced together to form the Taliban Movement.

Similarly, in Syria, the majority of so-called “moderate rebels” is comprised of Sunni Arab jihadists, such as Jaysh al-Islam, Ahrar al-Sham, al-Nusra Front, the Islamic State and myriads of other militant groups, including a small portion of defected Syrian soldiers who go by the name of Free Syria Army (FSA).

Moreover, apart from Pashtun Islamic jihadists, various factions of the Northern Alliance of Tajiks and Uzbeks constituted the relatively “moderate” segment of the Afghan rebellion, though those “moderate” warlords, like Ahmad Shah Massoud and Abul Rashid Dostum, were more ethnic and tribal in character than secular or nationalist, as such.

Similarly, the Kurds of the so-called “Syrian Democratic Forces” can be compared with the Northern Alliance of Afghanistan. The socialist PYD/YPG Kurds of Syria, however, were allied with the Baathist regime against the Sunni Arab jihadists for the first three years of the Syrian civil war, i.e. from August 2011 to August 2014.

At the behest of American stooge in Iraqi Kurdistan, Massoud Barzani, the Syrian Kurds have switched sides in the last couple of years after the United States policy reversal and declaration of war against one faction of the Syrian opposition, the Islamic State, when the latter overstepped its mandate in Syria and overran Mosul and Anbar in Iraq in June 2014, from where, the US troops had withdrawn only a couple of years ago in December 2011.

Regarding the Western powers’ modus operandi of waging proxy wars in the Middle East, since the times of the Soviet-Afghan jihad during the eighties, it has been the fail-safe game plan of the master strategists at NATO to raise money from the oil-rich emirates of Saudi Arabia, Qatar, UAE and Kuwait; then buy billions of dollars’ worth of weapons from the arms’ markets of the Eastern Europe; and then provide those weapons and guerilla warfare training to the disaffected population of the victim country by using the intelligence agencies of the latter’s regional adversaries. Whether it’s Afghanistan, Chechnya, Libya or Syria, the same playbook has been executed to the letter.

More to the point, raising funds for proxy wars from the Gulf Arab States allows the Western executives the freedom to evade congressional scrutiny; and the benefit of buying weapons from the unregulated arms’ markets of the Eastern Europe is that such weapons cannot be traced back to the Western capitals; and using jihadist proxies to achieve strategic objectives has the advantage of taking the plea of “plausible deniability” if the strategy backfires, which it often does. Remember that al-Qaeda and Taliban were the by-products of the Soviet-Afghan jihad, and the Islamic State and its global network of terrorists are the blowback of the proxy war in Syria.

On the subject of the supposed “powerlessness” of the US in the global affairs, the Western think tanks and the corporate media’s spin-doctors generally claim that Pakistan deceived the US in Afghanistan by not “doing more” to rein in the Taliban; Turkey hoodwinked the US in Syria by using the war against Islamic State as a pretext for cracking down on Kurds; Saudi Arabia and UAE betrayed the US in Yemen by mounting airstrikes against the Houthis and Saleh’s loyalists; and once again Saudi Arabia, UAE and Egypt went against the ostensible policy of the US in Libya by destabilizing the Tripoli-based government, even though the renegade general in eastern Libya, Khalifa Haftar, is an American stooge who had lived for two decades in the US right next to the CIA’s headquarter in Langley, Virginia.

If the US policymakers are so naïve then how come they still control the global political and economic order? This perennially whining attitude of the Western corporate media that such and such regional actors had betrayed them otherwise they were on the top of their game is actually a clever stratagem that has been deliberately designed by the spin-doctors of the Western mainstream media and foreign policy think tanks to cast the Western powers in a positive light and to vilify adversaries, even if the latter are their tactical allies in some of the regional conflicts.

Fighting wars through proxies allows the international power brokers the luxury of taking the plea of “plausible deniability” in their defense and at the same time they can shift all the blame for wrongdoing on the minor regional players. The Western powers’ culpability lies in the fact that because of them a system of international justice based on sound principles of morality and justice cannot be constructed in which the violators can be punished for their wrongdoing and the victims of injustice, tyranny and violence can be protected.

Leaving the funding, training and arming aspects of insurgencies aside, but especially pertaining to conferring international legitimacy to an armed insurgency, like the Afghan so-called “freedom struggle” of the Cold War, or the supposedly “moderate and democratic” Libyan and Syrian insurgencies of today, it is simply beyond the power of minor regional players and their nascent media, which has a geographically and linguistically limited audience, to cast such heavily armed and brutal insurrections in a positive light in order to internationally legitimize them; only the Western mainstream media that has a global audience and which serves as the mouthpiece of the Western political establishments has perfected this game of legitimizing the absurd and selling Satans as saviors.

Published:7/20/2017 10:18:49 PM
[Science] Mark Warner: 'Extremely disturbing' if Trump is considering pardons at this stage of Russia probe "Pardoning individuals who may have been involved would be crossing a fundamental line," Warner said in a statement. Published:7/20/2017 10:18:49 PM
[World] OJ Simpson Trial Judge Jeanine Pirro Calls Him Delusional on Hannity

Judge Jeanine Pirro said O.J Simpson is "delusional."

Published:7/20/2017 9:48:23 PM
[Methane] NOAA’s Climate.gov Says Natural Wetlands, Tropical Agriculture Responsible For Methane Increases, Not Oil and Gas From Western Wire by Michael Sandoval July 18, 2017 “Agricultural and wetland emissions” from the planet’s tropical areas, not oil and gas activities in the United States, are more than likely responsible for a post-2007 global increase in methane levels, according to the National Oceanic and Atmospheric Administration’s Climate.gov. But regulating or mitigating those methane… Published:7/20/2017 9:48:21 PM
[Politics] It’s only a matter of time for Sessions to leave AG – Krauthammer Krauthammer says that the weird outburst from Trump absolutely excoriating Sessions means it’s only a matter of time before he leaves the office of attorney general. Watch below: I wouldn’t be surprised . . . Published:7/20/2017 9:48:21 PM
[Entertainment] San Diego's 2017 Comic-Con Is Here: See Will Smith, Channing Tatum, Halle Berry and More Star Sightings Terry Crews, Will Smith, 2017 Comic-ConWe're nearing the end of July, the weather is scorching hot, and for some reason, an exceptional amount of people dressed up as Sci-Fi characters have invaded the city of San...
Published:7/20/2017 9:48:21 PM
[Economic model] History Repeats: The Continuing Threat To Freedom And Democracy

Via Jesse's Cafe Americain blog,

Lately it has been popular in some circles to talk about the US being a 'late stage democracy' that has 'never been more ripe for tyranny.'

Sometimes they like to drag in Plato to give their thought pieces a gleam of higher learning and a supposed grounding in history.

But their pieces fall into that trap, that very sort of temporal vanity and self-centered preoccupation to despair that Newman notes so well in saying that "every century is like every other, and to those who live in it seems worse than all times before it."

Would you be surprised to hear that less than one hundred years ago there was an actual plot, bankrolled by some of the most powerful and famous figures of the American one percent, to use military force to depose a sitting American President and instead install a fascist in the White House who would be more compliant with their greed and lust for power?

The model for this takeover would have been similar to Benito Mussolini's infamous 'march on Rome.'

Would you be further surprised to know that some of these unrepentant financial figures then went on to help bankroll Hitler, and continued doing business with his atrocious regime even as their most vile business partners actively fought the US, their own country, in the war?

How well does this fit the efficient markets and rational actor models that so much of economic theory, and certain factions in modern political ideology, seems to rely?   If only we can get rid of government, and then people will be free to spread their natural goodness and take wing like angels.  Let us free the pathological and sociopaths from external constraints, and their better natures will surely rise to the occasion.  And if not, we can surely explain it to them with our economic learning.

It never ceases to amaze how many economic and social models of human behavior are based, not in history, but rather on simplistically convenient constructs and myths that serve the status quo and the power of Big Money.

A better model perhaps is to think that freedom and truth are always under threat by those who value neither more than their own obsessive lust for power and money,  beyond all reason.   That last is important to remember because the current liberal impulse is to simply blame bad information for some of the most outrageous abuses of power and privilege.  If only we could explain the economic benefits of general prosperity rather than relying on such weak tea as 'moral arguments.'

Alas, it seems to be the duty of each generation to defend what has been given to them by their forebears against the continuing threats of the perversion of knowledge and reason that is tyranny.  And what is odd about it is that it seems to catch each subsequent generation by surprise.

I am not sure that I understand why FDR and his administration did not take more dramatic action in pursuing such perfidy as the plot to overthrow the republic by the fortunate few.   It certainly was not for personal gain and power, as it seems to be the case of our more recent betrayers of justice in not pursuing the indictment and public prosecution of financial crimes.

We may have arrived at that time, that rendezvous with destiny, in which we either stand for truth and justice, or fall one by one in a contemptible struggle against the forces of injustice and duplicity.  But we are certainly not the first, and not even the most distantly distinctive in this challenge, as compared to our parents,  and grandparents, and great-grandparents.

Freedom is not a prize to be won and held forever.  Rather, it is a continuing commitment and state of mind to view certain principles above others.  And one of them is certainly not personal greed.
 

Published:7/20/2017 9:48:21 PM
[Markets] The Wall Street Journal: EU threatens to punish Poland for crackdown on courts The European Union is threatening to deploy its most severe punishment on a member state for the first time, highlighting what it sees as Poland’s grave departure from the bloc’s core tenets.
Published:7/20/2017 9:48:21 PM
[Politics] Richard Beckman becomes king of ‘The Hill’ Richard “Mad Dog” Beckman has been named president of The Hill, the Beltway publication that is enjoying new growth in these turbulent times. Beckman joins as the publication’s Web traffic has surged to 30 million unique visitors a month — with plans afoot to aggressively ramp up video. For example, the company plans to open... Published:7/20/2017 9:48:21 PM
[Science] Trump to appoint financier Anthony Scaramucci as White House communications director: Report President Trump plans to name Wall Street financier and loyalist Anthony Scaramucci as White House communications director, according to... Published:7/20/2017 9:48:21 PM
[In The News] President Donald Trump’s Schedule for Friday, July 21, 2017

By Rich Mitchell

In the morning, President Donald Trump will receive his daily intelligence briefing and then participate in a credentials ceremony for newly appointed Ambassadors to Washington, D.C. according to the White House Press Office. It is assumed that these are foreign ambassadors to the United States of America, not some other diplomatic service with responsibility only to the nation’s capital. In the afternoon, the President will visit with some of the few remaining survivors from the USS Arizona which was attacked and sunk at Pearl Harbor, Hawaii on December 7, 1941. There are only five remaining crewmen still alive: Lauren Bruner, ...

The article President Donald Trump’s Schedule for Friday, July 21, 2017 is original content from Conservative Daily News.

Published:7/20/2017 9:48:21 PM
[World] 4 Reasons Obamacare Lived to Plague Republicans Another Day For one, Santa Claus is much more popular than the Grinch. Published:7/20/2017 9:48:21 PM
[Politics] Trump team seeks to control, block Mueller’s Russia investigation President’s legal team is looking to build a case against what they say is the special counsel’s conflicts of interest. Published:7/20/2017 9:14:33 PM
[World] CNN Compares Donald Trump to OJ Simpson Jesse Watters Reacts

Jesse Watters reacted to a former Clinton White House adviser comparing O.J. Simpson to President Trump.

Published:7/20/2017 9:14:33 PM
[NVDA] AMD Vega Is Stillborn Published:7/20/2017 9:14:32 PM
[Entertainment] Did Cara Delevingne Just Release the Song of the Summer? Listen Now! Cara DelevingneCara Delevingne can sing. Of course, fans of the supermodel-turned-actress and general multi-hyphenate already knew this. She's lent her angelic voice to jam sessions with Taylor...
Published:7/20/2017 9:14:32 PM
[Science] Trump reviewing ways to pardon himself in Robert Mueller's Russia probe: Report A ways to limit or undercut Mueller's investigation of Russia's election interference and possible ties to the Trump campaign. Published:7/20/2017 9:14:31 PM
[Media] As people name the first big news story they recall, Sen. Orrin Hatch steps in to make us feel not so old

Deadspin asked people to name the first big news story they recall, and the results make for an interesting demographic snapshot of who's online today.

The post As people name the first big news story they recall, Sen. Orrin Hatch steps in to make us feel not so old appeared first on twitchy.com.

Published:7/20/2017 9:14:31 PM
[Methane] NOAA’s Climate.gov Says Natural Wetlands, Tropical Agriculture Responsible For Methane Increases, Not Oil and Gas From Western Wire by Michael Sandoval July 18, 2017 “Agricultural and wetland emissions” from the planet’s tropical areas, not oil and gas activities in the United States, are more than likely responsible for a post-2007 global increase in methane levels, according to the National Oceanic and Atmospheric Administration’s Climate.gov. But regulating or mitigating those methane… Published:7/20/2017 9:14:31 PM
[The Blog] “Chilling”: GOP senators, mostly anonymously, rip Trump for undermining Sessions and Mueller

"It would be catastrophic if the President were to fire the special counsel."

The post “Chilling”: GOP senators, mostly anonymously, rip Trump for undermining Sessions and Mueller appeared first on Hot Air.

Published:7/20/2017 9:14:31 PM
[Donald Trump] President Trump — like Churchill, the indispensable man

The upcoming Winston Churchill biopic reminds us that a nation’s elite tend to have nothing but disdain for an indispensable man — a man such as Trump. I tend to be leery of biopics because I hate having my history filtered through Hollywood. It always grates on me when I hear a parent explain to […]

The post President Trump — like Churchill, the indispensable man appeared first on Bookworm Room.

Published:7/20/2017 9:14:31 PM
[Politics] It’s only a matter of time for Sessions to leave AG – Krauthammer Krauthammer says that the weird outburst from Trump absolutely excoriating Sessions means it’s only a matter of time before he leaves the office of attorney general. Watch below: I wouldn’t be surprised . . . Published:7/20/2017 9:14:31 PM
[] One Small Step for Thursday's ONT “Houston, Tranquility Base here, the Eagle has landed” On July 20th, 1969, the lunar module Eagle touched down on the moon, and mankind took their first steps off planet Earth. This is, in fact, my earliest memory. I was 2... Published:7/20/2017 9:14:31 PM
[World] Jeff Sessions: Feds Have the Right to Seize Your Cash, Property Says controversial federal civil asset forfeiture will expand. Published:7/20/2017 9:14:31 PM
[World] O.J. Simpson Trial Alan Dershowitz He Needs to Stay Out Public Private

Alan Dershowitz, who served as an appellate legal adviser to the "dream team" during the 1995 O.J. Simpson trial, warned the former gridiron great to steer clear of the public eye.

Published:7/20/2017 8:53:02 PM
[Mueller, Robert S III] Trump Aides, Seeking Leverage, Investigate Mueller’s Investigators In a sign of a looming showdown with the special counsel, presidential aides are looking for information to get investigators recused or justify firing him. Published:7/20/2017 8:53:01 PM
[Media] With Dan Rather on his road trip, Katie Couric steps up to represent the old guard of fake news

Rather than ask Katie Couric for her solution to the fake news problem, wouldn't it be more efficient just to stop letting her near TV cameras?

The post With Dan Rather on his road trip, Katie Couric steps up to represent the old guard of fake news appeared first on twitchy.com.

Published:7/20/2017 8:53:01 PM
[Entertainment] O.J. Simpson's Son Justin Steps Out in Florida Following Parole Hearing Justin SimpsonJustin Simpson is stepping out after his father O.J. Simpson was granted parole in the state of Nevada. On Thursday afternoon, the athlete's youngest child was spotted leaving a...
Published:7/20/2017 8:53:01 PM
[Politics] The GOP’s looming health-care disaster is the whole party’s fault The ascension of Donald Trump was supposed to change everything in the GOP. As it happens, perhaps one very important thing hasn’t: The Republicans may well still be The Stupid Party. That ObamaCare repeal has one or maybe two feet in the grave, depending on how you’re counting, is testament to jaw-dropping disarray and bad... Published:7/20/2017 8:53:01 PM
[The Blog] Claremont McKenna punishes 7 students over blockade of Heather Mac Donald speech

"The blockade breached institutional values of freedom of expression and assembly."

The post Claremont McKenna punishes 7 students over blockade of Heather Mac Donald speech appeared first on Hot Air.

Published:7/20/2017 8:53:01 PM
[World] Health care repeal can take backseat to tax reform

"It ain't over till it's over," Yogi Berra said in his famous aphorism about losing.

And that may eventually apply to the Republicans' failed attempt to "repeal and replace" President Obama's Affordable Care Act, otherwise known as Obamacare.

But don't bet on it happening anytime soon. Unless the Senate bill ... Published:7/20/2017 8:53:01 PM

[Boise, Idaho] Idaho Embraces Neofeudalism With Its "Noncompete" Legislation

Authored by Mike Krieger via Liberty Blitzkrieg blog,

Before I begin, I want to mention that my only experience with Idaho (unfortunately), was driving through the southeastern part of the state during my six-week cross country road trip in 2010. It was some of the most majestic and peaceful scenery I had ever seen, and I’d love to return and explore more of the state in the future. I’ve also heard Boise is a pretty cool city. It’s unfortunate that a state with so much potential passed the anti-freedom legislation described below, but I have faith the people will figure it out and reverse course.

Much of my recent writing has been focused on the need for political decentralization, meaning that states and local communities need to start experimenting more and making decisions for themselves on a wider range of important policy questions. This naturally will lead to some really good outcomes, but also some genuine disasters. Idaho’s noncompete law falls into the latter category.

Many of you may not be familiar with what I’m talking about, so I’ll start with some excerpts from a very good New York Times article on the subject, and then get into some detailed commentary at the end.

Here’s a brief overview of the situation from the piece, Noncompete Pacts, Under Siege, Find Haven in Idaho:

BOISE, Idaho — Idaho achieved a notable distinction last year: It became one of the hardest places in America for someone to quit a job for a better one.

 

The state did this by making it easier for companies to enforce noncompete agreements, which prevent employees from leaving their company for a competitor.

 

“We’re trying to build the tech ecosystem in Boise,” said George Mulhern, chief executive of Cradlepoint, a company here that makes routers and other networking equipment. “And anything that would make somebody not want to move here or start a company here is going to slow down our progress.”

 

Alex LaBeau, president of the Idaho Association of Commerce and Industry, a trade group that represents many of the state’s biggest employers, countered: “This is about companies protecting their assets in a competitive marketplace.”

By “assets” he means human beings. Just want to make that clear.

For the most part, states have been moving toward making it easier for people to switch teams, but Idaho went the other direction with legislation that was friendlier to employers. The resulting law was particularly strict because it put the onus on employees to prove that they would not harm their former employers by taking the new jobs.

 

Proponents note that the statute applies only to “key employees” who tend to have more responsibility and better pay. But employment lawyers say Idaho companies tie down all levels of workers, not just top executives, with tough employment contracts. And indeed, the new law has roots in a yearslong fight waged by a woman who never finished high school but built a career selling tech-training services, only to be sued when she left for a better-paying job.

 

The most extreme end of the spectrum is California, which prohibits noncompete agreements entirely. Economists say this was a crucial factor behind Silicon Valley’s rise, because it made it easier for people to start and staff new businesses. But as states like Utah and Massachusetts have tried to move closer to this approach, legislators have run into mature companies trying to hold onto their best employees.

 

A recent survey showed that one in five American workers is bound by a noncompete clause. They cover workers up and down the economic spectrum, from executives to hairdressers. Despite their widespread use, these agreements often catch departing workers off guard because they are rarely highlighted during interviews and are usually tucked inside employment contracts that are full of impenetrable legalese few people can understand.

They hate us for our freedom.

Now here’s an example of what can happen when noncompetes aren’t enforced. Workers tend to win.

Two years ago, TSheets hired a pair of engineers from a smaller software company called Zenware. Jody Sedrick, Zenware’s chief executive, was hurt and disappointed. He contacted a lawyer to see if it was possible to prevent his employees from leaving for a rival, but instead of spending money on legal costs, he decided to try something else: He gave each of his remaining employees a raise.

 

“I said, ‘You know what, we’re going to double down internally,’” he said in a recent interview.

 

The result for the Idaho economy was that TSheets hired two people — but in doing so got 12 other people a raise. Had Mr. Sedrick decided to sue his two departing employees, something Idaho’s new law made easier, those raises might never have happened.

Now here’s an example of what can go wrong.

Three years ago Ms. Nolan quit and started working at ExecuTrain — LeapFox’s main competitor — where she negotiated a $65,000 salary. LeapFox sued her for violating her exit agreement, setting off a three-year legal battle that was settled out of court but inspired Ms. Nolan to get a tattoo that sits just under her collarbone and reads: “Trust No One.”

 

After Ms. Nolan’s defection, Codi Galloway, who owns LeapFox with her husband, Scott, became an outspoken advocate for amending state law to make it less expensive for businesses to block an employee from going to work for a rival. The result was a bill that shifted the burden from companies to employees, who must now prove they have “no ability to adversely affect the employer’s legitimate business interests.”

 

The bar for that is so high that Brian Kane, an assistant chief deputy in the Idaho attorney general’s office, wrote that this would be “difficult if not impossible” for an employee to do.

 

Ilana Rubel, one of the few Democrats in Idaho’s House of Representatives, became the bill’s fiercest critic. Ms. Rubel, a Harvard-trained lawyer who does intellectual property litigation for the Silicon Valley-based law firm Fenwick & West, described the proposal as “toxic to a good business ecosystem.”

 

“This bill was a giant thumb on the scale in favor of old established business at the expense of start-ups,” Ms. Rubel said.

The reason I find the above legislation so important is because it’s a perfect microcosm for one of the most pernicious trends in U.S. society, which must be eradicated as soon as possible. Namely, the concept that corporations deserve more rights than actual human beings. It doesn’t take much thought to recognize just how egregiously this sort of legislation stacks the deck against actual human beings in favor of entrenched companies and their profits. A person has to prove they have “no ability to adversely affect the employer’s legitimate business interests,” but does a company have to prove that when they fire a person? Does it have to prove that it doesn’t affect the fired human being’s life prospects?

Of course not, because pretty much any time someone is fired there is a clear detrimental impact to that person’s life. Which is fine, but why should an employee who’s offered more money somewhere else have to prove the new job won’t affect the company he or she left? This is a twisted modern form of indentured servitude, and stacks the playing field in favor of not just companies generally, but entrenched companies, who apparently consider their employees property. This is sick.

To give just another example of this mentality at play, take a read of this paragraph from David Dayen’s recent piece published at The Nation,   Trump’s Renegotiation of NAFTA Is Starting to Look a Lot Like the TPP:

Governments always claim that they’ll enforce labor and environmental standards: In 1993, Ron Wyden called a vote for NAFTA “a vote for less pollution.” But in this case workers or green groups would have to rely on a notoriously anti-labor, anti-environment regime in Washington to police violations by foreign exporters. They could not sue over NAFTA breaches directly.

 

Investors, however, would still have that ability under the controversial investor-state dispute settlement (ISDS) system, a secret extra-judicial court that gives corporations monetary awards for lost profits due to changes in law that run counter to trade agreements. While the document states that ISDS would have to be more transparent (hearings and judgments would be public) and “consistent with U.S. legal principles and practice,” it still exists, meaning corporations could still functionally overturn sovereign laws outside of the court system, and win billions of damages when governments try to write rules in the public interest.

We need to all come together and recognize there’s an ongoing assault on the human being by powerful oligarchs and their politician puppets. Until we accept this and fight back, it will only get worse.

Published:7/20/2017 8:53:01 PM
[Politics] Murphy Refuses To Take Back Calling GOP ‘Evil’ on Health Care

The post Murphy Refuses To Take Back Calling GOP ‘Evil’ on Health Care appeared first on Washington Free Beacon.

Published:7/20/2017 8:53:01 PM
[Science] Marc Kasowitz spokesman Mark Corallo resigns: Report Mark Corallo, a spokesman for President Trump's outside legal team, has resigned. Published:7/20/2017 8:53:00 PM
[Markets] Trump administration cancels hundreds of Obama-era regulations The White House has frozen or withdrawn hundreds of planned rules, a move aimed at bolstering the economy but that scraps proposed protections for workers and the environment. Published:7/20/2017 8:15:17 PM
[World] 'Juice' will be loose: OJ Simpson granted parole in robbery LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel-room heist, successfully making his case for freedom in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 8:15:16 PM
[The Declaration] Obama DHS Chief Is Mad Trump's 'Tough Rhetoric' Scares off Illegal Immigrants — Doesn't Realize That's the Point "We've got to enforce the law, but..." Published:7/20/2017 8:15:14 PM
[The Blog] Tennessee county inmates offered reduced jail time in return for … getting a vasectomy

“I hope to encourage them to take personal responsibility..."

The post Tennessee county inmates offered reduced jail time in return for … getting a vasectomy appeared first on Hot Air.

Published:7/20/2017 8:15:14 PM
[World] Kushner Companies to send cease-and-desist letter after Jared Kushner's name used to attract Chinese investors Kushner, who joined the White House in January, had divested from the New Jersey project and Kushner Companies. Published:7/20/2017 8:15:14 PM
[AFFH] HUD to “reinterpret” AFFH; it should rescind the rule (Paul Mirengoff) I’ve been critical of President Trump today. But few days go by without me being happy he defeated Hillary Clinton. Here’s a reminder of why. Yesterday, Housing and Urban Development Secretary Ben Carson announced that his agency will “reinterpret” the ultra-instrusive Obama housing rule known as Affirmatively Furthering Fair Housing (AFFH). The rule was designed by the Obama administration to seize federal control over local zoning for the purpose of Published:7/20/2017 8:15:14 PM
[Sea level] Sea Level Rise Accelerating? Not. Guest Post by Willis Eschenbach There’s a recent and good post here at WUWT by Larry Kummer about sea level rise. However, I disagree with a couple of his comments, viz: (b) There are some tentative signs that the rate of increase is already accelerating, rather than just fluctuating. But the data is noisy (lots… Published:7/20/2017 8:15:14 PM
[Science] CIA Director Mike Pompeo: 'WikiLeaks will take down America any way they can' "I don't love WikiLeaks." Published:7/20/2017 8:15:13 PM
[Politics] Tucker in a tizzy over Trump berating Sessions Tucker Carlson, after whining about anonymously sourced story, is angry about a story that was anonymously sourced and turned out to be true. But he’s still making excuses for Trump. Watch below: . . . Published:7/20/2017 8:15:13 PM
[Politics] Tucker in a tizzy over Trump berating Sessions Tucker Carlson, after whining about anonymously sourced story, is angry about a story that was anonymously sourced and turned out to be true. But he’s still making excuses for Trump. Watch below: . . . Published:7/20/2017 8:15:13 PM
[World] Donald Trump Slams Jeff Sessions Tucker Carlson Lay Off Friend New York Times

Tucker Carlson criticized President Trump for using an unfriendly media adversary to attack one of his most loyal cabinet members.

Published:7/20/2017 7:47:33 PM
[Uncategorized] Saudi Arabia Arrests Woman Who Wore Skirt, Crop Top in Video How dare she! Published:7/20/2017 7:47:32 PM
[Media] Jonah Goldberg reveals existence of libertarian super posse, is called out for his violent rhetoric

Simply for publishing a book this professor must now keep watch over her shoulder day and night for the libertarian super posse.

The post Jonah Goldberg reveals existence of libertarian super posse, is called out for his violent rhetoric appeared first on twitchy.com.

Published:7/20/2017 7:47:28 PM
[Science] Barbra Streisand, once critical of John McCain, says 'We need you!' Streisand has notably backed Democratic candidates for years. Published:7/20/2017 7:47:28 PM
[American Petroleum Institute] "Dirty, Difficult, And Dangerous": Why Millennials Won't Work In Oil

Authored by Tsvetana Paraskova via OilPrice.com,

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”.  

During the Super Bowl earlier this year, the American Petroleum Institute (API) launched an ad geared toward Millennials, who now make up the largest generation in the U.S. labor force.   

“This ain’t your daddy’s oil”, the ad says, in what API described as “a modern look at how oil is integrated into products consumers use now and in the future supported by bold visuals.”  

Despite its pitch to speak the Millennials’ language and reach out to the elusive generation, the ad sparked anger with many consumers and viewers.

Millennials continue to have the most negative opinion toward the oil industry compared to all other industries, and they don’t see a career in oil and gas as their top choice of a workplace. The oil industry’s talent scouting and recruiting methods of the past are failing to reach Millennials, who want their work to have a positive impact on society, various studies and polls have found—a rather big ask for the oil industry.

This failure to reach the group that makes up the largest portion of today’s workforce—which now surpasses Generation X—points to a huge problem for the oil sector, as Baby Boomers move into retirement in droves.

Not only are Millennials snubbing oil and gas because of its negative image, they also seek different job perks than previous generations sought, and in this regard, the oil industry will need to do more as it becomes increasingly obvious that Millennials want different things than what oil executives think they want. 

A total of 14 percent of Millennials say they would not want to work in the oil and gas industry because of its negative image—the highest percentage of any industry, McKinsey said in September 2016.

Young people see the industry as dirty, difficult, and dangerous, according to an EY survey published last month. EY’s survey polled Millennials—the 20-to-35-year-olds today—as well as Generation Z coming after them, and found that younger generations “question the longevity of the industry as they view natural gas and oil as their parents’ fuels. Further, they primarily see the industry’s careers as unstable, blue-collar, difficult, dangerous and harmful to society.”

In addition, two out of three teens believe the oil and gas industry causes problems rather than solves them, the survey showed.

So ‘not your daddy’s oil’ is not sinking in with Millennials and Generation Z, and with many of them, it never will, despite the oil lobbies’ marketing efforts to try to make it sound like an attractive career path.

According to executives polled by EY, the top three drivers for young people would be salary (72 percent), opportunity to use the latest technology (43 percent), and a good work-life balance (38 percent). But young people—although they are also prioritizing salary—have other views on what they look for in a job. Salary is still the top priority at 56 percent, but a close second comes good work-life balance (49 percent), with job stability and on-the-job happiness equally important at 37 percent.

Executives are underestimating the importance of work-life balance and stability for Millennials, while overestimating the allure of technology as a factor. It’s not surprising that Millennials are not as attracted to the opportunity to use new tech as oil executives believe they are – Millennials generally don’t see technology as a perk, they take it for granted.

Moreover, Millennials don’t see the oil and gas industry as innovative – a major driver of career choice among this generation. According to a recent report by Accenture, “Despite evidence to the contrary, many Millennials believe the sector is lacking innovation, agility and creativity, as well as opportunities to engage in meaningful work. In fact, only 2 percent of U.S. college graduates consider the oil and gas industry their top choice for employment.”

Accenture is warning that ‘the talent well has run dry’ and said:

“We believe the growing workforce deficit will, in fact, be a greater barrier to oil and gas companies’ upturn success than any deficits that might exist in capital, equipment or supplies.”  

The oil   and gas industry is losing the competition for talent recruitment to industries that are more appealing to Millennials, and U.S. oil and gas firms will face the talent crunch first, according to Accenture.

“Any mature industry has to think about the fact that there’s a new sheriff in town with new values, new spending habits,” Jeff Fromm, an expert in marketing to American Millennials, told Bloomberg.

And if the oil and gas industry wants to get this ‘new sheriff in town’ on board, it needs to profoundly change recruitment strategies and talent sourcing. But with the negative image that is probably set to become even more negative—despite oil organizations’ marketing efforts—oil and gas has a huge workforce problem looming.

Published:7/20/2017 7:47:28 PM
[The Declaration] Linkin Park Singer Chester Bennington Had Plans Hours After Stunning Suicide… "Absolutely shocked." Published:7/20/2017 7:14:59 PM
[Markets] Dow Retreats from a Record High The Dow Jones Industrial Average pulled back from a record as a drop by Home Depot pressured the blue-chip index. Published:7/20/2017 7:14:59 PM
[Cannabis shop] Jeff Sessions' Pot War Is Up In Smoke In Nevada

Authored by Doug French via The Mises Institute,

Thousands lined up to purchase recreational marijuana legally at 12:01 a.m. on July 1. At Euphoria Wellness, with a location in southwest Las Vegas, a crowd of 400 to 500 people were lined up at midnight. Other locations had just as many.

Among the first to purchase was state senator Tick Segerblom, who has a strain of weed named after him: “Segerblom Haze.” The senator tweeted that he believed the state would rake in a million dollars in tax money this first weekend. Judging from the lines out the doors at dispensaries in just my neighborhood, I don’t doubt his projection.

Even with it being a scorching 107 degrees this afternoon, Las Vegans were waiting patiently in the sun to go up in smoke.

The Las Vegas Sun reports, “Destiny Diaz stood in line for nearly three hours at the Jardin Premium Cannabis dispensary in central Las Vegas to celebrate what some were calling the end of marijuana prohibition in Nevada.”

 

“A local resident for 35 years, [Steve] Evans, 54, said he arrived just before 7:30 p.m. and that the nearly five-hour wait Friday night was the longest he had been away from his home in over eight years.

 

“‘I want an ounce of Gorilla Glue 4, and then I’m going home to sink into the sofa and be with my wife,’ Evans said, referring to one of the dispensary’s best-selling marijuana flower strains. ‘Pretty simple.’”

It turns out the reality of supply, demand and the tax man bites for medical users. “Paul Pastwa, a medical marijuana cardholder who said he shops at Jardin twice a week, complained that a half-ounce of marijuana flower climbed from $60 to over $100 for medical buyers since he last shopped at the dispensary,” writes Chris Kudailis. “We understood that recreational buyers would have to pay more, but not medical,” Pastwa said. “My price has doubled overnight.” 

Adam Denmark Cohen, Jardin's owner, “said he was forced to raise prices because of a state-mandated increase in marijuana wholesale distribution taxes for shipment of items from cultivation and production facilities to dispensaries.”

The Sun reports that Essence Cannabis Dispensary saw 1,200 customers at its two locations early this morning. Local laws allowed dispensaries to be open from midnight to 3 a.m., but then had to close until 6 a.m. As an aside, Sun newspaper CEO Brian Greenspan owns a portion of Essence. Marijuana licenses went to the politically connected, not necessarily to those with expertise in the business.

All this reefer madness is happening after Attorney General Jeff Sessions sent a letter to Mitch McConnell, Paul Ryan, Nancy Pelosi, and Chuck Schumer voicing the Department of Justice’s opposition to anything that would “inhibit the DOJ’s authority to enforce the Controlled Substances Act (CSA).”

The attorney general claims marijuana use has “significant negative health effects,” including the loss of IQ points, which is funny coming from a guy, who claims “marijuana has a high potential for abuse [and] no currently accepted medical treatment in use in the United States.” He evidently hasn’t read this article from the Business Insider listing 23 health benefits of marijuana.

But, Sessions contends, “Good people don’t smoke marijuana.”

As Mark Thornton wrote for mises.org,

Attorney General Sessions’s argument really does not make any sense. Legalized marijuana greatly reduces the size of the illegal drug market and the violence it causes, both by eliminating the illegal marijuana market and by encouraging producers and consumers to switch from hard drugs such as heroin, cocaine, and crystal meth to marijuana/cannabis which is non-addictive and non-lethal.”

The out of touch Sessions told a crowd in Arizona,

“When they nominated me for attorney general, you would have thought the biggest issue in America was when I said, ‘I don’t think America’s going to be a better place if they sell marijuana at every corner grocery store.’ ”

 

“[People] didn’t like that; I’m surprised they didn’t like that,” he added.

When in 1986 the Senate Judiciary Committee rejected the nomination of Sessions to be a Federal district judge in Alabama, Mr. Sessions apologized for once saying he had thought members of the Klu Klux Klan “were O.K. until I found out they smoked pot.”

AG Sessions, the war is over. The government lost, and has decided to take the money.

 

Published:7/20/2017 7:14:59 PM
[Politics] EVIL: Kids record a disabled man DROWN and LAUGH at him This is just an evil awful video. Watch below: The New York Post: Five teens filmed and mocked a disabled man as he drowned in Florida, but as disturbing as the footage . . . Published:7/20/2017 7:14:59 PM
[Politics] EVIL: Kids record a disabled man DROWN and LAUGH at him This is just an evil awful video. Watch below: The New York Post: Five teens filmed and mocked a disabled man as he drowned in Florida, but as disturbing as the footage . . . Published:7/20/2017 7:14:59 PM
[Entertainment] All the Details on O.J. Simpson's Intense Parole Hearing & What's Next for Him O.J. Simpson, OJ Simpson, Parole hearingWhat's next for O.J. Simpson? The 70-year-old former football star was granted parole today after serving nine years behind bars at a Nevada prison for armed robbery, kidnapping,...
Published:7/20/2017 7:14:59 PM
[Events] Only one more day to apply to Startup Battlefield Africa  Alright, sub-Saharan African startups, if you want to get in on our inaugural Startup Battlefield Africa, the time to act is now. Seriously. Right now. Tomorrow is the last day to submit an application to the Battlefield, so be sure to get over to our application page right now and get your application in. Read More
Published:7/20/2017 7:14:59 PM
[The Blog] Brookings study: Public universities disproportionally subsidize the upper middle class

Primary goods.

The post Brookings study: Public universities disproportionally subsidize the upper middle class appeared first on Hot Air.

Published:7/20/2017 7:14:59 PM
[Science] Rep. Joaquin Castro urges Elon Musk to build his new Hyperloop in Texas This came after Elon Musk tweeted that he got verbal approval to build an underground transit route from New York City to D.C. Published:7/20/2017 7:14:59 PM
[Markets] MarketWatch First Take: Microsoft rides huge tax benefit from failing at smartphones to big earnings beat Microsoft Corp. beat Wall Street’s earnings estimates by a wide margin in its biggest quarter of the year, and it has a huge failure to thank for it.
Published:7/20/2017 7:14:59 PM
[] LGBT Megadonor Pouring Millions Into Campaign to Punish Christians for Refusing to Participate in Gay Weddings; "Punish the Wicked," Xe Advises Pretty soon you'll have to give same-sex oral sex on demand or face legal punishment. Openly gay LGBT activist Tim Gill, who has poured $422 million into the homosexual movement since the 1990s, recently told Rolling Stone why he won't... Published:7/20/2017 7:14:59 PM
[World] OJ Simpson Trial Mark Fuhrman Fix Is In With Parole Robbery

Former Los Angeles Police Detective Mark Fuhrman said "the fix was in" regarding whether O.J. Simpson would be paroled.

Published:7/20/2017 6:46:50 PM
[World] 'The Juice' will be loose: O.J. Simpson is granted parole LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel-room heist, successfully making his case for freedom in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 6:46:49 PM
[2014–17 Venezuelan protests] U.S. May Halt Oil Imports From Venezuela

Authored by Irina Slav via OilPrice.com,

The Trump administration is mulling over sanctions against senior Venezuelan government officials, and additional measures could include sanctions against the country’s oil industry, such as halting imports into the U.S., according to senior Washington officials who spoke to media.

The goal of the sanctions is to prevent the Nicolas Maduro government from having things its way at a July 30 election for a Constituent Assembly that, the U.S. administration believes, would serve to cement Maduro’s power and turn Venezuela into a “full dictatorship.”

The Constitutional Assembly vote was proposed by the government as a means of tackling the political crisis that Venezuela slid into last year, after the election of a new parliament where the opposition had a majority that put it at odds with the government. A Constituent Assembly can rewrite the country’s constitution, and many observers see the move as an attempt to strengthen the current regime’s hold on power.

After months of often violent protests, the opposition has now called a 24-hour national strike after conducting an unofficial referendum that, Al Jazeera reports, suggested overwhelming opposition to the idea of voting for a Constituent Assembly and equally overwhelming support for transparent parliamentary elections.

Russian Sputnik quoted Venezuela’s Foreign Minister Samuel Moncada as saying Venezuela will reconsider its relations with the U.S. should Washington go ahead with the sanctions, which, for the time being, seem to target two senior government officials: Defense Minister Vladimir Padrino Lopez and the second most senior figure in the ruling Socialist Party, Diosdado Cabello. The allegations against them are for rights violations.

Venezuela is the third-largest oil exporter to the US, with the daily rate of imports for the week to July 7 at 823,000 barrels, according to the EIA, about 30,000 bpd less than Saudi Arabia’s daily exports to the U.S.

In 2016, Venezuelan imports accounted for 9.5 percent of total U.S. crude imports.

Published:7/20/2017 6:46:48 PM
[Defamation] [Eugene Volokh] No qualified immunity in First Amendment and Fourth Amendment lawsuit against Louisiana sheriff in criminal libel case The decision in Anderson v. Larpenter, handed down yesterday by U.S. District Judge Lance M. Africk in Louisiana, starts: “Some qualified immunity cases are hard. This case is not one of them.” It then goes on to give the facts as alleged in the complaint, which seem pretty damning: In the summer of 2016, the […] Published:7/20/2017 6:46:48 PM
[Entertainment] Comic-Con 2017: Teen Wolf Debuts New Trailer At Emotional Final SDCC Panel Tyler Posey, Teen WolfTeen Wolf has taken the stage at SDCC for the final time. The cast--including movie star Dylan O'Brien--took over Hall H for one last panel ahead of the final 10 episodes, and it was...
Published:7/20/2017 6:46:48 PM
[storytype:standard] Large earthquake reported between Turkish coast and Greek island of Kos Published:7/20/2017 6:46:48 PM
[The Blog] McDonald’s employee refuses to serve uniformed police officer, gets fired

"I ain't serving no police"

The post McDonald’s employee refuses to serve uniformed police officer, gets fired appeared first on Hot Air.

Published:7/20/2017 6:46:48 PM
[Donald Trump] This GOP senator’s NOT afraid to stand up to Trump (just don’t ask who it is) Anonymous tough guy? Published:7/20/2017 6:46:48 PM
[Science] Trump chooses longtime diplomat John Bass as ambassador to Afghanistan If confirmed by the Senate, Bass will be transferred to his new job in Afghanistan during a critical time. Published:7/20/2017 6:46:48 PM
[TC] The long-term cost of sexual harassment  When news recently broke that multiple women have accused 500 Startups founder Dave McClure of sexual harassment, I felt like I’d been punched in the stomach. In 2015, I was propositioned and groped by a 500 Startups venture partner named Tristan Pollock during an event here in Taipei while working as a contributor for TechCrunch. After 500 Startups conducted an internal investigation… Read More
Published:7/20/2017 6:46:48 PM
[Markets] Earnings, Political Uncertainty Keep a Lid on Markets In the end, the Dow Jones Industrial Average lost 0.1%, the S&P 500 lost a fraction, the Nasdaq Composite gained 0.1% and the Russell 2000 gained a fraction. ATV maker Polaris Industries Inc. (NYSE:PII) gained 4.3% on a second-quarter earnings and revenue beat driven by strong sales. Click to Enlarge The big story of the day wasn’t Q2 earnings, something about the Federal Reserve or the latest economic data point. Published:7/20/2017 6:18:40 PM
[Politics] Big Chief Liz Warren VERY ANGRY at Trump berating Sessions, but… also hates Sessions Big Chief Liz Warren hysterically said that Trump doesn’t want to follow the law, as exemplified when he berated Jeff Sessions, but then she also said that she hates Jeff Sessions. SO . . . Published:7/20/2017 6:18:39 PM
[American people of German descent] GOP Lawmakers Blame Trump "Distraction" For Why They're Getting Nothing Done, Fears Debt Ceiling Debacle

Despite years of gridlock, this year's legislative achievements are de minimus to say the least, and according to at least one congressman, it's all Trump's fault.

As The Hill reports, Rep. Mike Simpson (R-Idaho) says President Trump and his family are a “distraction” from the GOP's attempts to enact its legislative agenda.

Simpson on Wednesday told Politico that he doesn’t “even pay any attention to what is going on with the administration because I don't care.”

 “They're a distraction. The family is a distraction, the president is a distraction," Simpson said.

 

"At first, it was 'Well yeah, this is the guy we elected. He'll learn, he'll learn.' And you just don't see that happening."

GOP lawmakers are beginning to express frustration with Republicans’ inability to pass major legislation since Trump took office, after their attempts to repeal and replace ObamaCare in the Senate collapsed this week.

“We’re in some quicksand right now. We just can’t seem to free ourselves,” said Rep. Steve Womack (R-Ark.).

Senator David Purdue added, rather ominously,

“We haven’t started the debt ceiling; we have to fund the government; we have to do the budget."

 

“I’m the one counting the days. I’m very nervous."

And, as we noted yesterday, the market is starting to pay attention...

 

Published:7/20/2017 6:18:38 PM
[Society] ‘Hillbilly Elegy’ Author Outlines Ways to Increase Opportunity

On Thursday, Genevieve Wood interviewed J.D. Vance, author of “Hillbilly Elegy.” Vance, who also wrote the introductory essay to The Heritage Foundation’s 2017 Index of... Read More

The post ‘Hillbilly Elegy’ Author Outlines Ways to Increase Opportunity appeared first on The Daily Signal.

Published:7/20/2017 6:18:38 PM
[The Blog] Rush: Let’s face it, most Trump supporters aren’t “populist” or “nationalist” but anti-Democrat

"I think a lot of Trump's voters have as one of their primary objectives just stopping the cultural corruption that's taking place."

The post Rush: Let’s face it, most Trump supporters aren’t “populist” or “nationalist” but anti-Democrat appeared first on Hot Air.

Published:7/20/2017 6:18:38 PM
[Entertainment] Hit or Hype: Celeb Pros Debunk 6 Skin-Care Trends ESC: Kendall JennerMakeup magic exists! At the same time, there's only so much beauty products can do. While some tools will definitely help with imperfections, others can be just pure marketing...
Published:7/20/2017 6:18:38 PM
[News] First Lady of Japan May Have Snubbed Trump by Pretending to Not Speak English "Like, not 'hello.'" Published:7/20/2017 6:18:38 PM
[Markets] Mattel, WWE tag-team for new line of wrestling dolls for girls Look out, Barbie, there’s a new contender looking to be champion of the doll house, and she might just body-slam you out of the ring.
Published:7/20/2017 6:18:38 PM
[Politics] Question: Do You Shoot to Kill?

When you shoot in self defense, do you shoot to stop the attacker or do you shoot to kill?  I shared a question on Keep and Bear that I would like to extend to you as well. When you are in a situation where you need to shoot in order to save yourself, are you shooting ...

The post Question: Do You Shoot to Kill? appeared first on Godfather Politics.

Published:7/20/2017 6:18:37 PM
[Politics] Question: Do You Shoot to Kill?

When you shoot in self defense, do you shoot to stop the attacker or do you shoot to kill?  I shared a question on Keep and Bear that I would like to extend to you as well. When you are in a situation where you need to shoot in order to save yourself, are you shooting ...

The post Question: Do You Shoot to Kill? appeared first on Godfather Politics.

Published:7/20/2017 6:18:37 PM
[General] Community colleges looking to drop algebra as a requirement sounds a little … anti-science?

If minorities especially are failing algebra in community college, then eliminating it as a requirement becomes a civil rights imperative.

The post Community colleges looking to drop algebra as a requirement sounds a little … anti-science? appeared first on twitchy.com.

Published:7/20/2017 6:18:37 PM
[Science] Chamber to Congress: Turn to tax reform now "Members of Congress be warned: Failure is not an option," Chamber of Commerce President Thomas Donohue wrote to lawmakers. Published:7/20/2017 6:18:37 PM
[Politics] Continetti: Trump Fans Quite Enjoyed Times Interview

The post Continetti: Trump Fans Quite Enjoyed Times Interview appeared first on Washington Free Beacon.

Published:7/20/2017 6:18:37 PM
[] Samantha Power Is Now a Key Figure in Unmasking Probe She was the Ambassador to the UN. She wasn't an intelligence analyst and wasn't law enforcement. She just didn't have any appropriate reason to be requesting the unmaskings she requested. Power appears to be central to efforts by top Obama... Published:7/20/2017 6:18:36 PM
[World] Donald Trump Blasts Jeff Sessions NY Times Charles Krauthammer Will Resign Soon

Charles Krauthammer predicted that it is just "a matter of time" until the nation sees a new attorney general.

Published:7/20/2017 5:43:29 PM
[World] The Juice will be loose: O.J. Simpson granted parole LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel-room heist, successfully making his case for freedom in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 5:43:27 PM
[Affordable housing] When Does A Home Become A Prison?

Authored by Mark Fleming via First American Economic Center blog,

The housing market is suffering from a supply shortage, not a demand dilemma. As Millennial first-time homebuyer demand continues to increase, the inventory of homes for sale tightens. At the same time, prices are increasing, so why aren’t there more homeowners selling their homes?

In most markets, the seller, or supplier, makes their decision about adding supply to the market independent of the buyer, or source of demand, and their decision to buy. In the housing market, the seller and the buyer are, in many cases, actually the same economic actor. In order to buy a new home, you have to sell the home you already own.

So, in a market with rising prices and strong demand, what’s preventing existing homeowners from putting their homes on the market?

“Existing homeowners are increasingly financially imprisoned in their own home by their historically low mortgage rate. It makes choosing a kitchen renovation seem more appealing than moving.”

The housing market has experienced a long-run decline in mortgage rates from a high of 18 percent for the 30-year, fixed-rate mortgage in 1981 to a low of almost 3 percent in 2012. Today, five years later, mortgage rates remain just a stone’s throw away from that historic low point. This long-run decline in rates encouraged existing homeowners to both move more often and to refinance more often, in many cases refinancing multiple times between each move.

It’s widely expected that mortgage rates will rise further. This is more important than we may even realize because the housing market has not experienced a rising rate environment in almost three decades! No longer is there a financial incentive to refinance for most homeowners, and there’s more to consider when moving. Why move when it will cost more each month to borrow the same amount from the bank? A homeowner can re-extend the mortgage term another 30 years to increase the amount one can borrow at the higher rate, but the mortgage has to be paid off at some point.  Hopefully before or soon after retirement. Existing homeowners are increasingly financially imprisoned in their own home by their historically low mortgage rate. It makes choosing a kitchen renovation seem more appealing than moving.”

There is one more possibility caused by the fact that the existing-home owner is both seller and buyer. In today’s market, sellers face a prisoner’s dilemma, a situation in which individuals don’t cooperate with each other, even though it is seemingly in their best interest to do so.

Consider two existing homeowners. They both want to buy a new house and move, but are unable to communicate with each other. If they both choose to sell, they both benefit because they increase the inventory of homes available, and collectively alleviate the supply shortage. However, if one chooses to sell and the other doesn’t, the seller must buy a new home in a market with a shortage of supply, bidding wars and escalating prices. Because of this risk, neither homeowner sells (non-cooperation) and neither get what they wanted in the first place – a move to a new, more desirable home. Imagine this scenario playing out across an entire market. If everyone sells there will be plenty of supply. But, the risk of selling when others don’t convinces everyone not to sell and produces the non-cooperative outcome.

Possible Outcomes

  1. Owner moves, but pays a price escalated by supply shortages for a more desirable home
  2. Owner stays in current house and does not get a more desirable home
  3. Owner moves, finding a more desirable home without paying a price escalated by supply shortages

Rising mortgage rates and the fear of not being able to find something affordable to buy is imprisoning homeowners and causing the inventory shortages that are seen in practically every market across the country. So, what gives in a market short of supply relative to demand? Prices. According to the First American Real House Price Index, the fast pace of house price growth, combined with rising rates, has had a material impact on affordability. In our most recent analysis in April, affordability was down 11 percent compared to a year ago. It was once said that a man’s home is his castle.  In today’s market, a man’s home may be his prison, but he is getting wealthier for it.

Published:7/20/2017 5:43:26 PM
[Politics] Legal Experts Weigh In on Trump’s Right to be Riled at Sessions, DOJ

Jeff Sessions will likely continue to lead the Department of Justice, despite the public clash between President Donald Trump and his choice for attorney general.... Read More

The post Legal Experts Weigh In on Trump’s Right to be Riled at Sessions, DOJ appeared first on The Daily Signal.

Published:7/20/2017 5:43:26 PM
[Politics] Big Chief Liz Warren VERY ANGRY at Trump berating Sessions, but… also hates Sessions Big Chief Liz Warren hysterically said that Trump doesn’t want to follow the law, as exemplified when he berated Jeff Sessions, but then she also said that she hates Jeff Sessions. SO . . . Published:7/20/2017 5:43:26 PM
[Science] Special counsel Robert Mueller investigating Paul Manafort for potential money laundering: Report The Senate and House Intelligence Committees are also investigating possible money laundering by Manafort, the Journal says. Published:7/20/2017 5:43:26 PM
[World] Chuck Schumer Poll Numbers New York Democrats Donald Trump Obstruction

A new telephone-based Siena College poll showed Senate Minority Leader Charles Schumer (D-N.Y.) with a marked drop in favorability among his neighbors since taking his leadership post.

Published:7/20/2017 5:21:54 PM
[World] The Juice will be loose: O.J. Simpson granted parole LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel-room heist, successfully making his case for freedom in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 5:21:54 PM
[worldNews] U.S. general says allies worry Russian war game may be 'Trojan horse' BERLIN (Reuters) - U.S. allies in eastern Europe and Ukraine are worried that Russia's planned war games in September could be a "Trojan horse" aimed at leaving behind military equipment brought into Belarus, the U.S. Army's top general in Europe said on Thursday.
Published:7/20/2017 5:21:53 PM
[1be753c8-1066-4c36-8000-76bd23b238ac] Johnny Depp's extravagant spending detailed in court documents The ongoing legal battle between actor Johnny Depp and his former business managers just got a little stranger. New court documents allege that the actor’s extravagant spending habits are to blame for his current financial situation more so than anything else Published:7/20/2017 5:21:53 PM
[The Declaration] Dolphins Fan Marco Rubio Wants to Nominate Tom Brady to Be Ambassador to Brazil 'Starting in September' “I don’t know why people are laughing," Published:7/20/2017 5:21:53 PM
[Science] Neil Armstrong's moon dust bag Illinois woman bought for $995 sells for $1.8 million at auction The artifact from the Apollo 11 mission was misidentified and sold at an online government auction in 2015 for $995. Published:7/20/2017 5:21:53 PM
[National Security] Trump to Pick Openly Gay Former Diplomat for Ambassador to Germany

President Donald Trump is expected to nominate former diplomat and Fox News foreign affairs commentator Richard Grenell as the United States ambassador to Germany.

The post Trump to Pick Openly Gay Former Diplomat for Ambassador to Germany appeared first on Washington Free Beacon.

Published:7/20/2017 5:21:53 PM
[Obama Foreign Policy] Trump’s big concession to Putin (Paul Mirengoff) We know little, if anything, about what happened at the formal between President Trump and Vladimir Putin after Trump told the autocrat-thug that he was honored to meet him. We know nothing about what transpired at the dinner in Hamburg after Trump sought out Putin for further discussion. But now we know what Trump has done for Putin since they met in Germany. He has ended a CIA program in Published:7/20/2017 5:21:53 PM
[Renewable energy] Kelly McParland: Another wheel flies off Ontario’s green energy bus, and lands on 340 workers From the National Post Despite overwhelming evidence that governments do badly when they try to remove the freedom from free enterprise, Wynne and McGuinty ploughed ahead with their green energy vision Kelly McParland July 19, 2017 10:05 AM EDT When former premier Dalton McGuinty visited the new Siemens Canada plant in Tillsonburg in 2011, he… Published:7/20/2017 5:21:53 PM
[The Blog] Threat on Heller: BOLO for suspect released in ObamaCare note

"Don't take away my health care or you die."

The post Threat on Heller: BOLO for suspect released in ObamaCare note appeared first on Hot Air.

Published:7/20/2017 5:21:53 PM
[In The News] On a slow news day, nets cover Trump-Russia and OJ

By Rich Mitchell

On what is admittedly a very slow news day, it’s interesting to see what the cable news networks decided to focus on during the cycle. MSNBC and CNN focused on two angles of the ongoing Trump-Russia collusion thing. While Fox News went hog wild over O.J. Simpson’s parole hearing even using MSNBC footage to discuss the event. While focusing on these tired and uninteresting stories, the networks offered little discussion or coverage of today’s Weiner document release, the Trump administration’s successes or the job creating Merck/Pfizer/Corning initiative announced at the White House Thursday. Nope.. just Russia, Russia, Russia … oh, and ...

The article On a slow news day, nets cover Trump-Russia and OJ is original content from Conservative Daily News.

Published:7/20/2017 5:21:53 PM
[US Politics] Oops! Former DHS chief’s illegal immigration jab at Trump lands hard on OBAMA instead

"Can we count that as a Trump win?"

The post Oops! Former DHS chief’s illegal immigration jab at Trump lands hard on OBAMA instead appeared first on twitchy.com.

Published:7/20/2017 5:21:53 PM
[Entertainment] Rocko's Modern Life: Static Cling: Get Your First Look at Nickelodeon's Revival! Rockos Modern Life"We're home!" Yes, you are, Heffer. Yes, you are. Nickelodeon has finally released the first look at the highly-anticipated TV movie revival of the beloved '90s...
Published:7/20/2017 5:21:53 PM
[2017 gubernatorial campaign] NJ Gov Race: Murphy Gets $1.2M in Matching Funds Murphy is officially in a public financing program that will limit his spending in the general election. Published:7/20/2017 5:21:53 PM
[Markets] Mutual Funds Weekly: Here’s a poorly kept secret about beating the market Indexing is best for those without access and special information.
Published:7/20/2017 5:21:52 PM
[] Al Gore, When Asked If We've Hit a Point of No Return Like He Previously Predicted We Would: Well, In Some Ways. But the Paris Accords Changed So Much! God's gonna take me home unless you donate $100,000 to my ministry. Wait -- we're at $90,000. God now says you have a two week extension to donate, and if you donate now, He'll give you Heavenly Oven Mitts, free... Published:7/20/2017 5:21:52 PM
[Business] Trump's 2020 Campaign Has Already Paid Out $600K—to Trump This permanent campaign appears to be pretty good for Trump's bottom line. Published:7/20/2017 4:46:31 PM
[Entertainment] Remembering Linkin Park's Chester Bennington, a Chris Cornell for the nu-metal generation Bennington, the frontman of Linkin Park, reportedly died at the age of 41 on Thursday.
     
 
 
Published:7/20/2017 4:46:30 PM
[3d373f5a-eb81-40c8-a913-c54f96650149] Stuart Varney: Trump has already made America $4 trillion richer (with just six months in office) The media coverage of the president is overwhelmingly negative: the press remains contemptuous, and they're pushing to get him out before he completes his first term. Published:7/20/2017 4:46:30 PM
[Culture] OH College Kicks Off Orientation Program For ONLY Black, Latino, and Native American Students

Kent State University, nestled in Kent, Ohio is welcoming the class of 2021. Their website is very welcoming….well, if you’re of African American, Latin American, or Native American descent anyway. The school has created a free, four day orientation with mentorship, and call it Kupita/Transiciones (K/T). This program sounds amazing, but is it right? I ...

The post OH College Kicks Off Orientation Program For ONLY Black, Latino, and Native American Students appeared first on Godfather Politics.

Published:7/20/2017 4:46:30 PM
[Economy] Dodd-Frank Has Held Down the US Economy for Too Long

Carefree, Arizona—population 3,363—is 2,400 miles from Wall Street. But that’s still not far enough away to escape the harm caused by Democrats’ supposed “Wall Street... Read More

The post Dodd-Frank Has Held Down the US Economy for Too Long appeared first on The Daily Signal.

Published:7/20/2017 4:46:30 PM
[Politics] REPORT: Top Dems dragging out Nunes ethics investigation… Top Democrats, like Ted Deutch, are being accused of dragging out the Nunes ethics investigation to keep him away from the Russian probe: FREE BEACON – Democratic congressional leaders on the House . . . Published:7/20/2017 4:46:30 PM
[Politics] REPORT: Top Dems dragging out Nunes ethics investigation… Top Democrats, like Ted Deutch, are being accused of dragging out the Nunes ethics investigation to keep him away from the Russian probe: FREE BEACON – Democratic congressional leaders on the House . . . Published:7/20/2017 4:46:30 PM
[Entertainment] Linkin Park Band Members React to Chester Bennington's Death Chester Bennington, Linkin ParkLinkin Park is grieving the loss of one of their own. Shortly after the Los Angeles County coroner confirmed the death of Chester Bennington, several band members spoke out on social...
Published:7/20/2017 4:46:30 PM
[topics:people/the-royal-family] Prince Harry launches new initiative from brain injury charity Headway Published:7/20/2017 4:46:30 PM
[The Blog] Strike: Venezuelans protest socialist dictatorship by staying home

"We must all do our best to get rid of this tyrant."

The post Strike: Venezuelans protest socialist dictatorship by staying home appeared first on Hot Air.

Published:7/20/2017 4:46:30 PM
[General] Elon Musk opens the floodgates for EVERYONE to receive verbal government approval

We didn't even think there was such a thing as "verbal government approval," but now that Elon Musk has spilled the beans, everybody's in on it.

The post Elon Musk opens the floodgates for EVERYONE to receive verbal government approval appeared first on twitchy.com.

Published:7/20/2017 4:46:30 PM
[Markets] Not So Fast: Dow Drops 29 Points as Nasdaq Hits New High Stocks barely moved today but that didn't stop the Nasdaq Composite from closing at a new record high. The S&P 500 finished little changed at 2473.45, while the Dow Jones Industrial Average declined 28.97 points, or 0.1%, to 21,611.78. The Nasdaq Composite ticked up 0.1% to 6390, a new record high. Published:7/20/2017 4:46:30 PM
[Issues] Pet Lovers Decry NYC Law That Prohibits Dog Sitting Without Kennel License

A little-known law in New York City that requires people who dog sit to have a kennel license is enraging pet lovers.

The post Pet Lovers Decry NYC Law That Prohibits Dog Sitting Without Kennel License appeared first on Washington Free Beacon.

Published:7/20/2017 4:46:30 PM
[TC] Shake Shack’s CEO is joining Square’s board of directors  Square just announced that Randy Garutti, the CEO of Shake Shack is joining the payment company’s board of directors. Garutti has been with Shack Shack since before they opened their first location in 2004, and led the company public in their 2015 IPO. Garutti has spend his entire career in the hospitality business, and will undoubtedly come to Square with a insider’s perspective. Read More
Published:7/20/2017 4:46:30 PM
[Science] Arnold Schwarzenegger to John McCain: 'You'll be back' Arnold Schwarzenegger told Sen. John McCain "you'll be back," in a tweet on Thursday after McCain was diagnosed with brain cancer. Published:7/20/2017 4:46:30 PM
[Atomic physics] Rare Earth Mania And China/US Trade Spat 2.0?

We doubt that many have heard of it, or know what it’s used for, but the price of Praseodymium-Neodymium (sold in oxide form) has been on a tear, up 43% ytd.


Neodymium and Praseodymium, collectively known as NdPr, are two of the family of seventeen rare earth elements (REEs). The price of several other REEs, like Terbium – Ticker SHRATBOX (really) and also used in very powerful permanent magnets - have been rising too (up 36% ytd). 

Unfortunately for the rest of the world, especially the US, China has a monopoly on the rare earths market with 85-90% of global production.

REEs are strategically important due to their (small but critical) applications in products used for the defense and technology sectors - including today’s mainstay of human existence, the mobile phone. China’s dominance arose from undercutting almost every other mining and processing player in the decades prior to its WTO entry.

The current story behind the higher prices is that China is getting serious (again) about the environmental impact of REE mining, and is making renewed efforts to curb significant levels of illegal production. On Monday, managing director of Australian-based rare earth producer, Lynas Corp (who just happened to note how her company is “highly leveraged to any increase in price for NdPr”) commented.

“Demand has always been strong, growth for the magnetic materials will increase as there is greater adoption, particularly for electric vehicles…(and) wind turbines. The second thing, however is that the Chinese central government has been very active over the last six months in ensuring that a lot of what had been announced recently, has actually been enforced on the ground…they have inspected a lot of plants to ensure that they have proper documentation for their raw materials and that has helped to eliminate illegal supply.”

(4Q17 conference call here)

The environmental impact in China is certainly horrendous (see BBC report, “The dystopian lake filled by the world’s tech lust” here).  Sometimes described as “hell on earth” or “the worst place on earth”, this is one view of the Baotou toxic lake, 20 minutes from Inner Mongolia’s largest city with 2.5 million inhabitants.

Okay but…

Obviously, the most important issue these days is what does it all mean for equity prices? Higher rare earth prices are beginning to have an impact. This is the chart for the industry behemoth, China Northern Rare Earth Group.

Closer to home, the price of the VanEck Rare Earth/Strategic Metals ETF has also been moving higher, even though some of holdings are plays on non-REE strategic metals, like moly and titanium.

With a market cap of $62m and small/mid cap constituents, things could get interesting if REE prices enter a sustained bull phase.

Adding insult to injury for its strategic interests, the last remaining rare earth mine in the United States, Mountain Pass in California, has recently been sold to a consortium including Shenghe Resources Holding, which has alleged ties to the Chinese Government. 

Two days ago, Michael Silver, CEO of advanced materials manufacturer, American Elements Corp., met with Trump’s chief strategist, Steve Bannon, and Chief of Staff, Reince Priebus, at the White House.  In “This CEO Wants Trump to Nationalize the Only Rare-Earth Mine in America”, Bloomberg reported.

“The mine should be converted to a national laboratory ‘dedicated to rebuilding America’s rare-earth mining industry so the world knows it is safe to build high-tech manufacturing plants in the U.S.,’ Silver said…he’s proposing the U.S. government apply the Takings Clause of the 5th Amendment and acquire Mountain Pass by eminent domain.”

If anybody’s thinking that surging rare earth prices, China/US tensions and soul-searching about how the US could have let China dominate the global supply of such critical materials, sounds familiar… they’d be correct. It feels a bit like 2010 when there was a sudden mania followed by a  collapse in rare earth stock prices. Below is the Lynas Corp chart during 2010-12.

In the end, China backed down on substantial cuts to export quotas, which it had justified on environmental grounds. In part, this was due to WTO intervention at the behest of western countries led by the US.

The NdPr price peaked in Summer 2011 and never really recovered (chart below). Some analysts speculated whether the resolution of the rare earths dispute, peak in the gold price and the beginning of the ramp in Chinese gold imports through Hong Kong were linked. There was no evidence to support the assertion.

This time around, we have no idea whether the situation in rare earths will come close to the fun that was had in 2011, however, we remain mindful of the quote attributed to Deng Xiaoping that: “There is oil in the Middle East, but there is rare earth in China.”

Published:7/20/2017 4:46:30 PM
[Markets] How Elon Musk and shorter commutes could transform people’s lives Musk’s latest project could even be good for commuters’ happiness and health.
Published:7/20/2017 4:46:30 PM
[Chris Christie] CWA Sues Christie for Moving IT Jobs Christie exceeded his authority by making changes to software development jobs in the state, the union argues. Published:7/20/2017 4:46:30 PM
[] Swamp Gonna Swamp: Official State Department Report Suggests Israel Is Responsible for Palestinian Murders of Israelis The Deep State doesn't care who the current president is, or what policies that democratically-elected person supports. They have their own agenda, their own power sources, and a near-freedom from any consequences due to pretty-much guaranteed lifetime tenure and a... Published:7/20/2017 4:46:30 PM
[News] Chester Bennington, Lead Singer of Linkin Park, Dead of Apparent Suicide Bandmate Mike Shinoda is "shocked and heartbroken." Published:7/20/2017 4:13:16 PM
[Bond] The New "Supply-Side Economics" Fueling Asset Bubbles

Via Global Macro Monitor,

No, we are not talking about President Reagan’s supply-side economics - policies to increase productivity with the goal of increasing long-term aggregate supply or output while simultaneously reducing inflation.

Supply Side Economics_1

We now have a new kind of supply-side economics, just the opposite of Reagan’s, which effectively restricts, removes and shifts the supply curve to the left, increasing prices and fueling asset bubbles in risk-free bonds, stocks, and housing.

Supply-Side Stocks_Economics

Risk-free bonds

We have written extensively on how the global central banks have created artificial shortages of risk-free bonds through quantitative easing (QE).   See here and here.

The last data we analyzed has the Federal Reserve owning over 20 percent of marketable long-term Treasuries (> 1 year) and about 35 percent of the longer-term bonds (2027-2047 maturities).  The U.S central bank has thus removed or restricted the supply of over $2 trillion of risk-free bonds in the market.

This has distorted the most important price in the world, the 10-year T-Note interest rate, of which, all other risk assets are priced.

Using data from the beginning of last year, the new supply-side economics, in totality,  have had global central banks:

  • removing  $12.3 trillion in fixed-income securities and some equities (BoJ) through asset purchases in global QE programs;
  • creating  $8.3 trillion of global debt yielding zero percent or less;
  • and now rendering a population of 489 million living in countries with official policy rates less than zero.

Here are more recent data from Ed Yardeni’s, Global Economic Briefing,  on the size of the big three central bank balance sheets,

Supply-Side_CenBan Assets

We don’t have an estimate, or any idea, of where the 10-year yield should be trading without QE, but we are certain it would be much higher.  An artificial and repressed risk-free rate distorts the markets and economy in several ways:

  1. Distorts the market signal of interest rate movements;
  2. Punishes savers and forces them to seek higher yields in riskier assets;
  3. Reduces the interest income of seniors dependent on savings who are at the mercy of CD interest rates, forcing a reduction in consumption and economic growth;
  4. Effectively defunds pensions funds, increasing their unfunded liabilities;
  5. Forces consumers to save more as interest rates and returns are repressed,  reducing economic growth;
  6. Distorts valuations of all assets as it artificially lowers the discount rate;
  7. Encourages government largesse by financing government deficits;
  8. Incentivizes corporations to engage in debt financed buybacks rather than CAPX;
  9. Results in a gross and inefficient misallocation of capital;
  10. Creates almost “free money” the main culprit of almost all asset bubbles;
  11. Many others.

“...money seemed ‘free’  (money always seems free in manias).  – Charles Kindleberger,  Manias, Panics, and Crashes,  p.10

Oddly, it doesn’t feel like we are in the mania stage quite yet.  This, coupled with the restricted supply and the buy the dipper algos, makes prices sticky to the downside and has contributed to record low volatility.  All this makes us think there may be  some runway left for risk markets, paving the way for a potential blow-off top in the fall or later.

Let us reiterate what we have said in earlier posts.  No judgement on the policy makers. They saved the system with their bold actions and kept many of us — from janitors to investment bankers — from living under the local freeway.  They are now painted in a corner, however, and have a very narrow window or path to a soft landing.

Stocks

Massive supply has been taken out of the market

“Between the lack of IPO activity, the pickup of M&A, and buybacks, the U.S. equity world is becoming smaller and smaller, and this could be one of many reasons why active managers are lagging behind their indexes. Companies may not want to come public due to the additional cost of Sarbanes-Oxley or the fact that the private market has become a bigger source of financing than it has been in the past.”

 

…For the curious, DeSanctis shows the number of common stocks is half as many as 1997’s peak of 6,364.  – CNBC

Supply-Side Stocks_Buybacks_3

A few days ago, Zero Hedge cited a piece by Credit Suisse,

Andrew Garthwaite writes, “one of the major features of the US equity market since the low in 2009 is that the US corporate sector has bought 18% of market cap, while institutions have sold 7% of market cap.”  – ZH

Supply-Side Stocks_Buybacks

Zero Hedge concluded, “companies…have engaged in the greatest debt-funded buyback spree in history.”

Finally,

“…Goldman Sachs’ chief equity strategist David Kostin estimated that, in 2017, S&P 500 companies will spend $780 billion on buybacks?—?a new record.”

–  Forbes

Supply-Side Stocks_Buybacks_2.png

Housing 

Consolidation in the residential rental industry has led to just a handful of companies and real estate trusts holding a huge percentage of the market. For example, last year, American Homes 4 Rent, the second-largest holder of single-family home inventory (47,000 homes in 2015) next to the Blackstone Group (50,000), merged with American Residential Properties in a $1.5 billion deal, giving them a combined valuation of more than $5 billion. According to The Journal, the six biggest holders of for-rent, single-family homes have spent more than $28 billion on property acquisitions since the market’s peak.

–  ConstructionDive

Since the end of the great recession, institutional investors have been buying up single family homes in droves with the purpose of renting them out.  This disrupts the traditional flow of buying and selling in the housing market as it takes a substantial amount of supply off the market almost permanently.

“We own about 100,000 either multifamily homes or single-family homes for rent.”Jonathan Gray, global head of real estate, Blackstone Group

This also increases the pricing power of homeowners to raise rents as supply becomes more concentrated.   In many parts of the country rents have been skyrocketing.

Furthermore,  new building has been relatively flat.  Take a look at the graph below.

Supply-Side Housing

Conclusion

The new supply-side economics as we have briefly outlined above,  allows us to say, “this rhyme is different.”   The assets bubbles we see today,  maybe with the exception of credit, are largely driven by supply restrictions rather than credit fueled demand as was case in the 2007 bubbles,  though a case can be made that stock buybacks are driven by “free money.”   It is important to distinguish between  central bank base money, which is driving today’s global economy and markets, and credit based money, which was behind the 2007 bubble economy and evaporated almost overnight with the “Lehman Moment.”

What worries us most is the political blowback if rents and housing prices continue to  rise.   The younger generation is effectively locked out of the housing market, which will only increase the populist backlash and the “Clash of Generations“.

Many young adults are sitting on the sidelines of the housing market…new data shows that one huge factor is the competition — some might say unfair competition — young adults face from investors who can just swoop in, drop a pile of cash and buy the houses they want. These investors then turn around and rent these properties to those same young adults for increasing amounts every year, making it even tougher for young would-be homeowners to ever save up enough money for a down payment.  —  Money

Published:7/20/2017 4:13:16 PM
[Entertainment] Celebrity Wax Figures: The Good, the Bad and the WTF Beyonce, Wax FigureThe BeyHive was buzzing earlier this week when a photo of one of Beyoncé's Madame Tussauds museum wax statues went viral for the wrong reason. Namely, because it looks nothing...
Published:7/20/2017 4:13:16 PM
[The Blog] Report: McMaster grumbling to foreign officials that he disagrees with Trump’s approach to Russia

Endgame.

The post Report: McMaster grumbling to foreign officials that he disagrees with Trump’s approach to Russia appeared first on Hot Air.

Published:7/20/2017 4:13:16 PM
[Alarmism] The surprising news from scientists about rising sea levels! By Larry Kummer. From the Fabius Maximus website.   Summary: Rising sea levels have become a core element — perhaps the core — of climate activists’ warnings. What do scientists say? Should we worry, panic, or despair? Here is a brief answer, plus much supporting evidence. As so many of the predicted effects of climate… Published:7/20/2017 4:13:16 PM
[National Security] Top Dems Slow Rolling Ethics Probe to Delay Investigation Into Obama Leaks

Democratic congressional leaders on the House Ethics Committee are charged with intentionally dragging out an investigation into Intelligence Committee Chair Devin Nunes in what multiple sources described as an attempt to influence the Intelligence Committee’s sensitive Russia probe and promote their own political careers, according to multiple sources who spoke to the Washington Free Beacon.

The post Top Dems Slow Rolling Ethics Probe to Delay Investigation Into Obama Leaks appeared first on Washington Free Beacon.

Published:7/20/2017 4:13:16 PM
[Science] Trump administration tries to crimp Zuckerberg's climate change tour in Glacier: Report The Interior Department removed two of Glacier National Park's top climate change experts from the group meant to give the Facebook CEO a gu... Published:7/20/2017 4:13:16 PM
[Column] The very first question to answer when taking on new investors  Fundraising is a stressful process. You do all you can to impress prospective investors by honing the story, optimizing key metrics and making your company look as attractive as possible. But before you decide the amount of money you raise and the type of investor you want on board, you must decide the kind of relationship you intend to have with your new partner. Read More
Published:7/20/2017 4:13:16 PM
[topics:organisations/retail-and-consumer-industry] B&Q customers compensated after complaining that paint smells like cat urine Published:7/20/2017 4:13:16 PM
[Christopher Nolan] ‘Dunkirk’ Is Christopher Nolan’s Best but Still Largely Unintelligible If you can stand the cacophonous music or follow the convoluted plot—or if you’re a fan of war and carnage in general—you won’t be bored. Published:7/20/2017 4:13:16 PM
[Markets] If you’re reading this, you have a 19.3% chance of being rich Among all the websites on the internet, MarketWatch has among the highest percent of rich visitors, according to this Priceonomics study.
Published:7/20/2017 4:13:16 PM
[Media] Now deleted ‘fake news’ about McCain? 10k-plus RTs. The apology? Handful of RTs

"#Fakenews propagates again."

The post Now deleted ‘fake news’ about McCain? 10k-plus RTs. The apology? Handful of RTs appeared first on twitchy.com.

Published:7/20/2017 4:13:16 PM
[Culture] OH College Kicks Off Orientation Program For ONLY Black, Latino, and Native American Students

Kent State University, nestled in Kent, Ohio is welcoming the class of 2021. Their website is very welcoming….well, if you’re of African American, Latin American, or Native American descent anyway. The school has created a free, four day orientation with mentorship, and call it Kupita/Transiciones (K/T). This program sounds amazing, but is it right? I ...

The post OH College Kicks Off Orientation Program For ONLY Black, Latino, and Native American Students appeared first on Godfather Politics.

Published:7/20/2017 4:13:16 PM
[World] The Juice will be loose: O.J. Simpson granted parole LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel-room heist, successfully making his case for freedom in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 3:43:40 PM
[01d36555-64d8-4dea-a8ca-e561fbc8fd3b] BIAS ALERT: 'Furious' NYT writer pens attack on white women Is it racist to not cede space on overcrowded New York City sidewalks? New York Times reporter Greg Howard, writing in the paper’s “Race/Related” newsletter, penned an essay singling out white women for not moving out of his way. Published:7/20/2017 3:43:39 PM
[The Blog] Trump: Comey was using “totally phony” dossier as leverage over me

Rosenstein: Comey broke with DoJ norms on memo leak.

The post Trump: Comey was using “totally phony” dossier as leverage over me appeared first on Hot Air.

Published:7/20/2017 3:43:39 PM
[Politics] White House responds to questions about Trump’s confidence in Sessions Today the White House was asked if Trump had confidence in Sessions after Trump had expressed disappointment in Session’s recusal in an interview with the NY Times, saying he wouldn’t have hired . . . Published:7/20/2017 3:43:39 PM
[Markets] EBay shares fall nearly 5% after quarterly results EBay shares fall nearly 5% after quarterly results Published:7/20/2017 3:43:39 PM
[World] Sebastian Gorka: 'America first' does not mean 'America alone' "America is back. And under President Trump, so is American leadership." Published:7/20/2017 3:43:39 PM
[Cell & Microbiology ] Not under the skin, but on it: Living together brings couples' microbiomes together Couples who live together share many things: Bedrooms, bathrooms, food, and even bacteria. After analyzing skin microbiomes from cohabitating couples, microbial ecologists at the University of Waterloo, in Canada, found that people who live together significantly influence the microbial communities on each other's skin. Published:7/20/2017 3:43:39 PM
[Entertainment] Riley Curry Celebrates Her 5th Birthday With a Unicorn-Themed Tea Party Stephen Curry, Riley CurryAeysha Curry can add another title to her already impressive résumé: party planner extraordinaire! The celebrity chef, author, mother of two and wife to NBA star Stephen Curry...
Published:7/20/2017 3:43:39 PM
[Science] Jim Mattis: 'No doubt' Congress supports ISIS campaign Mattis spent over an hour updating House members on the campaign and what he called a growing coalition of allies. Published:7/20/2017 3:43:39 PM
[Markets] US STOCKS-Wall St flat as home improvement retailers get Amazoned Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq. Retailers and appliance makers fell after Sears said it would sell its Kenmore home appliances on Amazon and integrate the brand's smart gadgets with the online giant's Alexa digital assistant. Published:7/20/2017 3:43:39 PM
[Issues] Ryan: CBO Estimate of 22 Million Fewer Insured With GOP Health Care Bill Is ‘Bogus Number’

The post Ryan: CBO Estimate of 22 Million Fewer Insured With GOP Health Care Bill Is ‘Bogus Number’ appeared first on Washington Free Beacon.

Published:7/20/2017 3:43:39 PM
[Fast & Furious] Struggling Studios Should Turn to Horror Genre for Rescue The horror genre may hold the key to consistent box office success in Hollywood. Published:7/20/2017 3:43:39 PM
[Markets] In One Chart: Energy stocks finally break away from suppressive downtrend line The ETF tracking the energy sector has broken above a downtrend line, amid a backdrop of “bullish divergence,” that suggests a bottom may have already been seen.
Published:7/20/2017 3:43:39 PM
[PAID] Cloud Computing Helps Power Microsoft Earnings Once written off as a tech has-been, Microsoft Corp. continued its rebirth as a force in cloud-computing, posting double-digit gains in its business selling web-based services to corporate customers. Published:7/20/2017 3:43:39 PM
[TC] Shyp is reducing headcount and suspending all operations outside of SF?  Shyp, the on-demand shipping service launched in 2013, has announced in a blog post that they are withdrawing from all but one city and “reducing headcount at headquarters” in an effort to “prove their business model and set Shyp up for long-term success”. As of today the company will suspend operations in Chicago, Los Angeles and New York, and only operate in… Read More
Published:7/20/2017 3:43:39 PM
[] Dumber and Dumberer Sally Kohn: I wonder how delusional I can get? I know, how about this: Straightforward from here:1. Impeach Trump & Pence2. Constitutional crisis3. Call special election4. Ryan v Clinton5. President Clinton— Sally Kohn (@sallykohn) February 15, 2017 Allan Ishac: Hold... Published:7/20/2017 3:43:39 PM
[Entertainment] ‘Ugly Betty’s’ Michael Urie will be Michael Kahn’s last Hamlet  The actor studied the role under the D.C. Shakespeare director at Juilliard. Published:7/20/2017 3:16:41 PM
[World] OJ Simpson Lawyer ESPN Fake News ABC Jeffrey Felix Tell All Book

O.J. Simpson's lawyer blasted an ESPN reporter during the post-parole hearing press conference for asking about the author of an alleged tell-all book about Simpson's time behind bars.

Published:7/20/2017 3:16:40 PM
[World] O.J. Simpson granted parole after nearly 9 years in prison LOVELOCK, Nev. (AP) — O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel heist, successfully making his case in a nationally televised hearing that reflected America's enduring fascination with the former football star. Published:7/20/2017 3:16:40 PM
[The Declaration] Trump Admin Actively Encouraging Kid Rock to Run for Senate, Want to Help Campaign, Insiders Say So should the political world get ready to Rock? We will find out soon enough. Published:7/20/2017 3:16:39 PM
[Science] Watchdog: Little evidence to support TSA's 'behavioral indicators' screening process The TSA cited 178 documents supporting the policy, but GAO said only three were "valid evidence." Published:7/20/2017 3:16:39 PM
[Mark Skousen] Why Can’t Republicans Win on Capitol Hill? Investment expert Dr. Mark Skousen shares his take on why President Trump and the Republicans have failed to pass any meaningful legislation, even with a Majority. Published:7/20/2017 3:16:39 PM
[Business ] Wisconsin working on incentives to lure Foxconn to state Wisconsin is working on a package of incentives to lure Taiwanese iPhone manufacturer Foxconn to the state as part of a deal that two state lawmakers said Thursday they believe could come as soon as the end of the month. Published:7/20/2017 3:16:39 PM
[Alarmism] Alarums And Excursions Guest Post hosted by Willis Eschenbach. My friend Dr. Willie Soon is both a charming man and a most courageous scientist, who has taken a lot of heat for his principled stands on climate issues. He recently wrote a piece about climate alarmism along with Kesten Green and J. Scott Armstrong which deserves much wider… Published:7/20/2017 3:16:39 PM
[Entertainment] Linkin Park singer Chester Bennington dead at 41; suicide suspected The frontman for the metal-rap fusion band was known for songs like 'One Step Closer' and 'In the End.'
     
 
 
Published:7/20/2017 3:16:39 PM
[Asset Forfeiture] [Ilya Somin] Jeff Sessions’ attack on federalism and property rights Earlier this week, Attorney General Jeff Sessions announced that the Justice Department is going to expand asset forfeiture – a badly flawed policy under which the government is allowed to confiscate the property of people suspected of a crime, even in many cases where they are never charged, much less convicted. The new policy would […] Published:7/20/2017 3:16:39 PM
[Turkey] Can Turkey be Trusted with F-35s?

The F-35 Joint Strike Fighter is the newest generation air platform for the U.S. Air Force, Navy, and Marines. Lockheed-Martin, which builds the F-35, describes ...

The post Can Turkey be Trusted with F-35s? appeared first on Commentary Magazine.

Published:7/20/2017 3:16:39 PM
[66fc4927-ac41-4240-bc1a-3c5ce009a359] OJ Simpson gets parole. Why should a man many call a killer walk free? If O.J. Simpson’s murder case was the trial of the last century, he just had the parole hearing of this century. Published:7/20/2017 3:16:39 PM
[Entertainment] Get a First Look at Nikki Bella, Brie Bella, Nattie & More WWE Superstars' New Line of Mattel Dolls! WWE Dolls, Total DivasThese Divas are getting their own dolls! E! News is getting a first look at Mattel's new line of action figures, which are modeled after Brie Bella, Nikki Bella, Natalya, Naomi and...
Published:7/20/2017 3:16:39 PM
[News] BUSTED: @WhiteHouse Spokeswoman @KellyALove45 Caught Sleeping With The Enemy of The American People—CNN’s @Acosta

CNN’s Jim Acosta is sleeping with Kelly Love who works in White House communications shop, GotNews can exclusively reveal. Acosta is CNN’s senior White House correspondent whose sources include a parade of women in Washington, D.C. power circles, many of whom he sleeps with. How does Acosta’s wife Sharon Mobley Stow feel about this? Readers […]

The post BUSTED: @WhiteHouse Spokeswoman @KellyALove45 Caught Sleeping With The Enemy of The American People—CNN’s @Acosta appeared first on GotNews.

Published:7/20/2017 3:16:39 PM
[Markets] Nasdaq ekes out gain, extending win streak; Home Depot weighs on Dow Nasdaq ekes out gain, extending win streak; Home Depot weighs on Dow Published:7/20/2017 3:16:39 PM
[Sports] Dallas Cowboys 2017 Preview

By Donn Marten

Everything finally came together for “America’s Team” in 2016 and it did so in the most unexpected of ways. Longtime quarterback Tony Romo again went down with an injury in the preseason, a setback that would have ordinarily doomed Dallas. But instead of collapsing, a new star was born in first-year quarterback Dak Prescott who immediately became the quarterback of the present instead of the future. The former Mississippi State Bulldog was lights out in his rookie year as he led his team to a 13-3 record and home-field advantage in the NFC playoffs. Were it not for a miraculous ...

The article Dallas Cowboys 2017 Preview is original content from Conservative Daily News.

Published:7/20/2017 3:16:39 PM
[Markets] U.S. stocks end little changed, Nasdaq ekes out record close U.S. stocks ended a quiet session with slight moves on Thursday, although the the Nasdaq extended its recent winning streak to close at a record. The Dow Jones Industrial Average fell 21 points, or 0.1%, ... Published:7/20/2017 3:16:39 PM
[Bank of Japan] Nasdaq Limps To Best Run Since Feb 2015 As Dollar Dumps To 11-Month Lows

Despite Bank of Japan and ECB talk, and thanks to a tanking VIX, the new normal of utter tranquility in markets continued...

 

Soft Data rolled over again today...

 

Draghi didn't sound dovish enough and EUR spiked, sending the dollar dumping (down 8 of the last 10 days) to its lowest level since August 2016...

 

The Dollar Index is now unchanged since January 2015..

 

But Bund and Treasury yields found what Draghi said to be a little more dovish... 30Y touched 2.80% handle - lowest since June 29th...

 

Every effort was made to ensure the Nasdaq completed its 10th day higher in a row (longest streak since Feb 2015), smashing VIX to 9.51... if tomorrow is green, then that will be longest streak since 2009

 

This is easy...

 

And Mueller headlines early on gave dip-buyers the perfect opportunity to ignore the shitty data earlier in the day...but major indices generally flatlined all day in a very narrow range, Trannies were worst...S&P and Dow closed red

 

Utes outperformed and Financials slumped into the last hour as early gains in energy were erased...

 

FANG Stocks ended the day unchanged...

 

Chipotle was hammered once again because of rats and norovirus (yeah that's all) - now unchanged since April 2013...

 

Treasury yields went nowhere today - ending unch across the board (except 30Y -2bps) after being bid on Mueller's headlines...

 

Draghi-driven EURUSD strength weighed on the Dollar index

 

Gold gained on the day with a kneejerk higher after headlines on Mueller's probe of Trump...

 

While many seem convinced that this latest rally in WTI means something... it doesn't - more of the same range-bound trading and a reverse today...back below $47 to settle

 

And finally, as we noted earlier, the debt ceiling anxiety is starting to get real...

Traders are already willing to pay more for bills maturing after Oct. 19 to avoid being caught holding securities vulnerable to a technical default -- in line with Congressional Budget Office forecasts that predict the federal government will hit the debt ceiling around early- to mid-October.

 

 

Published:7/20/2017 3:16:39 PM
[Politics] White House responds to questions about Trump’s confidence in Sessions Today the White House was asked if Trump had confidence in Sessions after Trump had expressed disappointment in Session’s recusal in an interview with the NY Times, saying he wouldn’t have hired . . . Published:7/20/2017 3:16:39 PM
[Android] How to Turn Off Google Assistant on Android Phones O.K. Google, your helping isn't helping. Published:7/20/2017 3:16:39 PM
[Social Media] Where men are men, unless they’re women! Conservative Twitter shares HILARIOUS #NewDemSlogans

Earlier today, it was reported the Democrats accidentally leaked their 2018 slogan and wow, it was BAD. Interestingly enough it also came to pass that the Vox reporter who dropped the story didn’t do his due diligence and the slogan was wrong; the updated slogan was even WORSE. And of course Conservative Twitter had a […]

The post Where men are men, unless they’re women! Conservative Twitter shares HILARIOUS #NewDemSlogans appeared first on twitchy.com.

Published:7/20/2017 3:16:39 PM
[Earnings] Microsoft earnings beat expectations thanks to strong cloud performance  Following its longstanding tradition of reporting quarterly earnings for its fourth financial quarter of the year in July, Microsoft today announced non-GAAP revenue of $24.7 billion and GAAP earnings per share of $0.83 (and non-GAAP earnings per share of $0.98) for the last three months. Wall Street expected revenues of around $24.3 billion, which was pretty aggressive to begin with given… Read More
Published:7/20/2017 3:16:38 PM
[World] Opposition strike paralyzes parts of Venezuela as fears of violence mount The nation’s crisis deepens ahead of a contentious vote on constitutional changes. Published:7/20/2017 2:41:49 PM
[World] OJ Simpson Parole Granted in Nevada; Geraldo Rivera Reacts

Geraldo Rivera, who covered the O.J. Simpson murder trial in 1995, reacted to a Nevada parole board granting the former NFL star his release from prison later this year.

Published:7/20/2017 2:41:49 PM
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