HomeUncategorized8/28 News Roundup and Open Thread

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LieparDestin

LieparDestin

Don midwest
Don midwest

MAGA — no MEGA

make the earth Greta again

polarbear4

😎

Benny

orlbucfan

Hope all this adulation doesn’t go to her head. She’s only 16-17?

polarbear4

seems like she’s pretty centered. knowing she needs to “rest for a few days”? What I wouldn’t give to have known that when i was 16 when I needed it. lol

polarbear4

polarbear4

LieparDestin

The Hill panel totally heard only what they wanted to hear and didn’t listen to what was actually said

WindDancer13

Not only did they not listen, they showed an extreme lack of ability to think critically or understand implications. This is the same type of comment that was used against Bernie in 2015/16. In fact, Jose Ramos used a clip that was taken totally out of context (I Had seen the original interview that the clip came from prior to that debate) to suggest that Bernie supported the Nicaraguan authoritarian regime. HRC gleefully hopped on that, and Bernie was never given the chance to explain the context of the clip.

LieparDestin

probably a repeat

LieparDestin

WindDancer13

Random thought:

We are already in the midst of a recession. Albeit, it is currently a mild recession, and it is only for about the lower two-thirds of the economy’s population.. The most likely scenario is that it is going to get much worse. If we had a working government, the possibility of staving off the worst would be possible. This will not happen with the current administration whose policies are driving many of the problems (e.g., cutting access to food stamps will result in less buying, leading to even slower growth).

The indications are there to see even for those not in the stock market.

* Although, they are being masked. Unemployment stays really low, but how many people have fallen out of the job market and are not being counted. The issue with the gig jobs and people having to work more than one job is a clear indication that there is a problem. There are reports almost daily about people being laid off, yet the jobless rate overall does not seem to fluctuate.

* Home prices are going up because there is only a relatively small number of homes for sale. This produces an inflated pricing of existing homes in part because of a slower growth in new house building (which also results in fewer jobs). In my area which is not particularly wealthy, I have been watching for the last two years as home prices have steadily increased. The same type of houses that were selling for around $30,000 are now running over $50,000. Yes, I know the nationwide average home price is around $388,000, but I look at what I might be able to afford. Rents are also increasing, so more inflation.

*
Many people just grab what they need at the store and don’t see the changes that are happening in stock products that they buy. The number of items in many products have been reduced but are sold for the same price. An example of this would be a brand of chimichangas that went from 18 in a pack to 16 recently. The change is minimally noticeable, unless you were counting on the 18 to get you through the month. Many items have gone from 16 ounces to 12, particularity in frozen vegetables. Bottom line: Consumers are getting less for the same amount of money.

*
Consumer spending is flat. Much of what is touted as consumer confidence as predicted on consumer spending is actually a result of the above inflationary trends. Car sales over the last four years has been steadily dropping. People are shopping for cheapest price on products that are “good enough.” And many products are just disappearing from the shelves. Note: It took approximately 15 minutes of searching the shelves at a Walmart recently to finally figure out that they no longer carry the twist-tie bags I need. There were no alternatives for the specific, normally prolific, product (any brand) of the item I was looking for and no tags to show that the item was just out of stock.

* Retail sales and consumer discretionary spending (think travel and leisure) are sluggish at best. The number of workers in electronic and appliance stores has been steadily decreasing while the prices for the end products are increasing.

Conclusion: While the media would have us believe that the stock market is the best indicator of a recession, for the vast majority of us that isn’t the case. Because the inflation that is happening is slow and carefully concealed, this recession is invisible to the regular pundits giving reports about a healthy economy.

magsview

So much for the trickling down?

New recession warning: The rich aren’t spending

-A sudden pullback in spending among the wealthy could cascade down to the rest of the economy and create a further drag on growth.

-High-end real estate is having its worst year since the financial crisis.
Luxury retailers are struggling while discounters like Walmart and Target thrive.

-At this month’s massive Pebble Beach car auctions, the most expensive cars faltered on the block.

-In the first half of 2019, art auction sales were down for the first time in years.

Yet recent data suggest that the U.S. wealthy are beginning to shut their wallets. If their spending falls further, the broader economy could start to feel the pain. *The top 10% of earners account for nearly half of all consumer outlays

*That’s gross

WindDancer13

Why do I get the feeling that this article is designed to make us feel bad for the rich. Poor things, they have it so hard!

There is something wrong with this, but I cannot quite put my finger on it at the moment. It could be that the numbers are limited to certain items in a matrix. I will have to look around to find more info on where this (as far as I am concerned, bogus) claim.

The top 10% of earners account for nearly half of all consumer outlays

orlbucfan

There’s not that many US filthy rich. Their numbers are small, and so are the number of their purchases. That “nearly half” statement needs to be fact checked. T and R, jcb!!

WindDancer13

From what I have found so far (as the person, Zandi, who said this did not offer any evidence of this claim) is that to be in the top 10%, a person’s earnings would be $118,400, and they along with the other top earners account for 39% of the share of total wages.

This means that he is somewhat accurate, though rather misleading. In fact, this means that people making less to far less than $188,400 are doing the majority of consumer spending. Zandi does not support his “nearly half” with evidence either.

Source: How Much Income Puts You in the Top 1%, 5%, 10%?

For perspective, the average wage in the US is somewhere currently around $47,000/year.

magsview

Federal agents raid home of United Auto Workers union President Gary Jones

Jones’ home wasn’t the only target hit by federal agents Wednesday morning, according to the Detroit News. They also raided the California home of former UAW President Dennis Williams as well as the union’s training center, golf resort and conference center called Black Lake, the newspaper reported. The raids mark a major shift in the investigation from many former or retired union officials being targeted to active leaders.

Michael Grimes, a retired senior official with the union’s General Motors division, was charged earlier this month with wire fraud and money laundering for allegedly receiving $2 million in kickbacks from UAW vendors. He was charged in a criminal information, which indicates a guilty plea is expected at his next hearing sent for Sept. 4 in Ann Arbor.

https://www.cnbc.com/2019/08/28/fbi-agents-raid-home-of-uaw-union-president-gary-jones-dow-jones-reports.html

I’ve always been saddened by any corruption at the upper levels of unions. It gives unions a bad name and disillusions people.

magsview

Biden’s ties to the Democratic establishments are deep…and lucrative.

Obama-tied operatives and Biden supporters launch $60 million ‘dark money’ group

A new “dark money” group is labeling itself the strategy center for Democrats in 2020.

The recently-launched Future Majority will spend up to $60 million to target voters in swing states such as Pennsylvania, Michigan, Wisconsin and Ohio in the 2020 election

The 501(c)(4) nonprofit, run by Democratic strategist Mark Riddle, is not required to disclose its donors. The group will reportedly “spend money through PACs,” potentially feeding a growing trend of dark money-funded super PACs spending to influence elections.

Riddle told Politico he is worried about 2020 Democrats being labeled as socialists — an increasingly common Republican talking point entering 2020. On its about us page, Future Majority, urges Democrats to use the terminology “Smart Capitalism” when describing economic plans. The group also subtly pushes back on Medicare-for-All, calling for Democrats to improve healthcare by “strengthening the Affordable Care Act and protecting Medicare and Social Security.”

Future Majority is soliciting donations through ActBlue Civics, a 501(c)(4) nonprofit organization that acts as a fundraising conduit for other overtly political nonprofits such as Demand Justice and Priorities USA. On its donate page, the nonprofit uses language such as “Let’s Win! Donate now to support Future Majority!” to describe its activities.

Outside groups are prohibited from coordinating with candidates and parties on election-related expenditures, but the FEC hasn’t been keen on enforcing its own rules.

Pro-Clinton super PAC Correct the Record conducted research for the Hillary Clinton campaign, which would typically be considered an in-kind contribution. But the group argued it could coordinate with the campaign because it was posting material online under the FEC’s “Internet exemption” that allows individuals to post political activity.

Campaign Legal Center filed a complaint with the FEC arguing the group was making illegal in-kind contributions to the Clinton campaign. The commission has yet to take action on the complaint.

Future Majority told Politico that it advised the Democratic Congressional Campaign Committee (DCCC) on how to message voters in 2018. As part of its goal of being a “strategy center” for Democratic groups, the nonprofit has publicly posted suggestions on how to present certain policies to voters.

“It raises the question for me if Future Majority is using a Correct the Record-style argument that they can coordinate with candidates or parties as long as the end product is then posted online,” Fischer said.

https://www.opensecrets.org/news/2019/05/obama-operatives-biden-supporters-dark-money-grp/?fbclid=IwAR2KR9sBqQamOfjduvVAIZi-YvgBsDn7eZBJ6_cqE_FjqZeay8ksA_l5rQk

polarbear4

gd. here we go….

orlbucfan

Keep the light on them. FRightwingnut all the way. Boy, does it stink!

LieparDestin

Sorry for having to show via screenshots but doing some reading…

Screenshot_20190828-160729_Chrome.jpg
Screenshot_20190828-160720_Facebook.jpg
LieparDestin

LieparDestin

This will likely be a huge self inflicted wound. Who was asking for this?

Do they realize this doesnt retroactively apply to John McCains ghost

polarbear4

awful horrible wtf

WindDancer13

Gee, it is almost like they don’t care. It is hard to fix a problem when people do not know about it.

How broadcast TV networks covered climate change in 2018

Key findings:

>> There was a 45 percent drop in climate change coverage on the broadcast networks’ nightly news and Sunday morning political shows from 2017 to 2018 — from a total of 260 minutes in 2017 down to just 142 minutes in 2018.

>> Nearly a third of the time that the networks spent covering climate change in 2018, or 46 minutes, came from a single episode of NBC’s Meet the Press on December 30 that was dedicated to discussion of climate change.

>> NBC was the only network that aired more minutes of climate coverage in 2018 than in 2017 — an increase of 23 percent. CBS’ time spent on climate coverage fell 56 percent from 2017 to 2018, Fox News Sunday’s fell by 75 percent, and ABC’s fell by 81 percent.

>> People of color made up only 9 percent of those who were interviewed, featured, or quoted in the networks’ climate coverage, and women made up only 19 percent.

>> None of the broadcast TV networks’ news reports on hurricanes Florence or Michael mentioned climate change. Only nine of their segments reporting on other weather disasters of 2018 mentioned that climate change exacerbates extreme weather.

>> Almost three-quarters of 2018’s climate coverage occurred in the last three months of the year. Much of it focused on major climate science reports released by the United Nations and the U.S. government.

>> The links between national security and climate change were discussed only once in 2018, in an NBC segment. ABC and CBS did not mention that climate change poses serious threats to national security.

>> Solutions or actions offered in response to climate change were mentioned in only a fifth of climate segments aired on ABC, CBS, or NBC.

Can you imagine voter who isn’t politically active saying, “$16 trillion for something I never heard of?” On the bright side, now they will know.

polarbear4

hope everything shows up.

polarbear4

polarbear4

❤️the quote

WindDancer13

Russia need not apply. We have Mitch. In the ongoing saga of what is planned for the elections, there is this:

Viral Video of Mississippi Voting Machine Changing Man’s Vote Prompts Calls for Paper Ballots and Election Security Reform

The voter was one of more than a dozen people in Mississippi who reported machine glitches when they tried to vote. At least three machines in two counties were confirmed to be malfunctioning on Election Day, with unconfirmed reports in seven other counties.


The reports of the machine malfunctions in Mississippi come two weeks after the Brennan Center for Justice released a study advising that U.S. election officials “should replace antiquated equipment, and paperless equipment in particular, as soon as possible.”

On Monday, the National Election Defense Coalition, Electronic Privacy Information Center, R Street Institute, and Public Citizen called on Congress to hold hearings about election security and the use of electronic voting machines, noting that in addition to the possibility of technical glitches, “voting system vendors have operated with little oversight and no regulation for decades.”


Mississippi is one of eight states that are expected to still use voting machines that involve no paper ballots during the 2020 election. New Jersey, Texas, Louisiana, Tennessee, Kentucky, Illinois, and Kansas will also likely still use the machines, which experts say are vulnerable to hacking and malfunctions.

Costs for new machines as of 2018 below. You can buy a LOT of paper and hand counters for that amount. These machines last less than 10 years.

Buying Louisiana voting machines expected to cost up to $95M

The winning bidder for the work, Dominion Voting Systems, projected the replacement of about 10,000 early voting and Election Day machines, with software and equipment, will cost between $90 million and $95 million, according to the secretary of state’s office.

polarbear4

and no paper ballots with barcodes, either.

I just have to keep repeating myself. This system of private ownership of a secret, proprietary(!) electronic tallying of our vote is simply ridiculous. It must be too overwhelming for the voter to think about how easily their votes can be switched. That is all.

polarbear4

polarbear4

polarbear4

polarbear4

polarbear4

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