Lewis Wickes Hine News of the Titanic and possible survivors 1912 • US Banks’ Reluctance To Lend Cash May Have Caused Repo Shock: BIS (R.) • BIS Offers Stunning Explanation Of What Happened On Repocalypse Day (ZH) • The Incredible Shrinking Private Sector (G.) • Northern Ireland Customs Protocol Could Thwart Brexit Plans (G.) • Boris Johnson’s Promise Of Brexit By End Of 2020 Torpedoed By EU Chief (Mi.) • The Invisible Tories (Craig Murray) • China Tells Government
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Saul Leiter 463 1956 Ronald Reagan and Mikhail Gorbachev first met in Geneva in 1985, in a summit specifically designed to allow them to discuss diplomatic relations and the -nuclear- arms race. At the time, the Soviet Union had started to crumble, but it was still very much the Soviet Union. They met again in 1986 in Reykjavik, in a summit set up to continue these talks. There, they came close to an agreement to dismantle both countries’ nuclear
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Arthur Rothstein “Bank that failed. Kansas” May 1936 • UK’s Johnson Ahead But Polls Suggest Majority Might Be Tough (R.) • Calls Grow To Stop Boris Johnson With Tactical Voting As Race Tightens (O.) • Patient Data From GP Surgeries Sold To US Companies (G.) • How The Democrats & Federal Reserve Ensured Trump’s Re-Election (Hamilton) • Tracking Every Presidential Candidate’s TV Ad Buys (538) • Trump: Giuliani To Deliver Report On Ukraine Trip To Congress, Barr (Hill) •
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Saul Leiter Taxi c1957 When I read that Angela Merkel visited Auschwitz this week (for the first time ever, curiously, after 14 years as Chancellor, and now it’s important?), my first thought was: she should have visited Julian Assange instead. I don’t even know why, it just popped into my head. And then reflecting on it afterwards, of course first I wondered if it’s acceptable to compare nazi victims to Assange in any way, shape or form. There are
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Dorothea Lange Homeless mother and child walking from Phoenix to Imperial County CA Feb 1939 • Donald Trump and Jerome Powell Can ‘Take Another Victory Lap’ (Y!) • Abenomics has Failed Japan. Financial Times Wants to Make it Global. (Lacalle) • What the ‘Expert’ Panel Should Have Told You About Impeachment (ET) • A Fraught Moment (Kunstler) • Strzok and Page Did Real Damage (Cortese) • Pelosi Puts A Brave Face On A Doomed Mission (Tucker Carlson) • Bloomberg
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Paul Gauguin When are you getting married? 1892 It wasn’t really the plan to make this a series, but it seems to have turned into one. Part 1 is here: The Fed Detests Free Markets. Part 3 will follow soon. And yeah, I did think perhaps I should have called this one “End The Fed” Is No Longer Enough. Because that’s the idea here. But what’s in a name? Okay, let’s talk a bit more about
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Arthur Rothstein President Roosevelt tours drought area, near Bismarck, North Dakota Aug 1936 • Mueller Report’s Resurgence Gives Democrats New Dilemma On Impeachment (CNN) • Democrats Offering Passion Over Proof In Trump Impeachment (Turley) • Pelosi Pursues Articles Of Impeachment Against Trump (R.) • Ukraine Fires Prosecutor Investigating Burisma And Hunter Biden (CDMedia) • Fed Goes Hog-Wild with T-Bills, But Repos Drop and MBS Shrink by $22 Bn (WS) • Filmmakers Sue To Shield Visitors To US From Social
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Pablo Picasso Couple on a bench 1943 No no no, I want to do something else, but they won’t let me. There are just too many assumptions, opinions, interpretations and hearsay that linger on in what I see, and I can’t let that just go now that we’ve come so far. Nancy Pelosi just now: The California congresswoman told Thursday morning’s news conference: “The facts are uncontested. The president abused his power for his own political benefit at the
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Arthur Rothstein Interior of migratory fruit worker’s tent, Yakima, Washington Jul 1936 • The Market Will Need The Fed Again In 2020 (Axios) • The Repo Market Is Broken And Fed Injections Are Not A Lasting Solution (MW) • Is Something Broken? Quants Running “Scared” As Nothing Makes Sense (ZH) • Legal Experts Called By Democrats Say Trump’s Actions Are Impeachable (R.) • Gaetz Grills Impeachment Witnesses Over Democratic Donations (Fox) • Judiciary Committee Member: Unfair, Politically Biased Ordeal
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Vincent van Gogh Vase with honesty 1884-85 There are things you just cannot do. Partisanship, even the semblance of it, when discussing the US Constitution, is certainly one of them. But there we go: in Jerry Nadler’s Judiciary Committee hearings starting today, the Democrats get to pick 3 Constitutional experts, vs just one for the Republicans. There is no bigger no-no. This is not about whether Trump has tried to bribe Ukraine president Zelensky, something the latter has denied
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