Texas AG Claims Noncitizens Voted in 2018, Liam Stack, NYT Texas AG Ken Paxton: “Every single instance of illegal voting threatens democracy in our state and deprives individual Texans of their voice.” Texas has called into question 95,000 registered voters who in the past have identified themselves as noncitizen and legal residents of the United […]
The 1912 Bread and Roses Strike Elizabeth Warren made an impressive speech just now in the freezing cold of Lawrence, Massachusetts: Sen. Elizabeth Warren officially launched her 2020 presidential campaign Saturday at a rally in Lawrence, Massachusetts, using the backdrop of Everett Mills — the site of a historic 1912 labor strike led by women and […]
Will INSTEX Replace SWIFT Bank Exchange? Probably not, but reportedly a “White House insider” is afraid it might. Instex is the new exchange created by UK, France, and Germany, to be based i Paris and run by a German banker, to get around US sanctions against Iran. Apparently it will sell Iran humaanitarian goods such […]
February short leading data starts out decent We’ve had two pieces of forward looking data in the last week (in addition to the leading bits in the employment report). The first was the ISM manufacturing index: Contrary to my expectations, the most leading new orders component rebounded sharply, up to 58.2. This is closer to […]
“Just doesn’t add up’” “I’m not sure I follow the arithmetic here.” “It’s all down to the numbers – something the article avoids and so is just pie-in-the-sky.” “That clearly does not add up.” “If you produce X in 30 hours you will produce > X in 40 – unless you are just sitting on […]
WASHINGTON (The Borowitz Report) Andy Borowitz: “Representative Alexandria Ocasio-Cortez’s facial expression during the State of the Union address came under continued attack from Republicans on Thursday, with the former House Speaker John Boehner joining the chorus of disapproval. ‘When I saw her with that pained expression on her face, I couldn’t believe my eyes,’ Boehner […]
by New Deal democrat Q4 Senior Loan Officer Survey says … The Senior Loan Officer Survey is one of my list of long leading indicators. The Q4 report came out yesterday. The news wasn’t good. This post is up at Seeking Alpha. Meanwhile, since the dates for publication of neither housing permits nor Q4 GDP were […]
How To Go After The US Wealthy Reagan Style Ah yes, this is going to be another one of those ironic posts about what a big leftist liberal Ronald Reagan was compared to the current GOP gang in charge of so many of our policies, especially our tax policies. Certainly, the image of Reagan is […]
UPDATE: Foxconn now says that it will indeed still build a factory, citing a conversation between CEO Terry Gou and Trump (h/t commenter Joel at Angry Bear). This is certainly clear as mud. As others have pointed out, several promised investments from Foxconn have failed to materialize at anywhere near the scale promised, including in Brazil, Pennsylvania, Indonesia, Vietnam, […]