Pablo Picasso Bathers with ball 1 1928
If you are a journalist looking for a copy of The Mueller Report, Amazon got news for you. They claim that the report will be out on March 26. It’s not clear if Attorney General William Barr has cleared the released of the full Mueller report. But Amazon announced today the pre-order of “The Mueller Report”, with an introduction by constitutional scholar Alan Dershowitz.
As CNN has previously reported, Barr has been closely consulting with top Justice Department officials on the outlines of plans to handle the highly anticipated report, including to what extent it should be shared with Congress, and by extension the public. Could this be a trick from Dershowitz to sell a book about the report or would it be the full report, this we will have to wait and see. Amazon also list Robert Mueller III as author of the book. The book will be offered in both e-book and paperback editions. This is a developing story that will be updated.
A book that first came out in 2017. That can’t be it. It was re-published under another name and critized Mueller in its introduction. Oh, that’s it. Wait: it was published before the gag order was issued. No, so that can’t be it either.
A federal judge said Tuesday that the publication of a book last month by President Donald Trump’s former political adviser Roger Stone which criticized Special Counsel Robert Mueller may violate a media gag order – a transgression that could land the self-proclaimed “dirty trickster” behind bars. Judge Amy Berman Jackson for the U.S. District Court for the District of Columbia ordered Stone and his lawyers to provide her with a report by Monday explaining how he plans to comply with the order, and also demanded that he turn over certain records detailing everything he knew about the book’s release.
“There is no question that the order prohibited and continues to prohibit the defendant from making any public statements, using any medium, concerning the investigation,” Jackson wrote. “It does not matter when the defendant may have first formulated the opinions expressed, or when he first put them into words: he may no longer share his views on these particular subjects with the world.” Shortly after Stone was charged, Jackson gave him wide latitude to discuss the case against him as long as it was not in the vicinity of the federal courthouse. But just days later, she tightened the reins with a sweeping gag order after Stone posted a photo of her on his Instagram account next to an image resembling the crosshairs of a gun and a message critical of both her and Mueller.
In issuing her gag order on Feb. 21, Jackson warned Stone he would not have a second chance if he violated it. She also said his apologies about the posting, which was later removed, rang hollow. After the gag order, Jackson learned that a 2017 book by Stone originally titled “The Making of the President 2016” had been re-published under the name “The Myth of Russian Collusion” and that it criticized Mueller in its introduction. In addition, Stone also in March posted an item on Instagram that said “Who framed Roger Stone.” It was later removed. Stone’s lawyers have said the book does not violate the gag order because it came out on Feb. 19, before the order was issued.
Did you notice the similarities between the US and China?
Here is the good news: Lower prices stir sales. Clearly, homebuilders are motivated to move their inventory, and they’re making deals at lower prices. The median price of new single-family houses whose sales closed in December fell 7.2% from a year earlier, to $318,000, according to the Commerce Department this morning. December’s 7.2% drop and November’s blistering 11.6% drop were the sharpest year-over-year declines since Housing Bust 1:
The new-house sales data, produced jointly by the Census Bureau and the Department of Housing and Urban Development, is very volatile. It is revised in the following months, often quite drastically. But despite the ups-and-downs in the monthly data, trends emerge. The steep year-over-year price increases in prior years formed a multi-year boom in prices that has now outrun what the market can bear. The median price of new houses ballooned by about 55% from the range in 2011 and 2012 to the peak in November and December 2017 ($343,300), which exceeded by 31% the crazy bubble peak in March 2007, before it all came apart:
Sales of new houses, in terms of the seasonally adjusted annual rate, had plunged late last year. The year-over-year decline exceeded 15% in November. So in December, this seasonally adjusted annual rate of sales finally responded to lower prices and declined a little, instead of plunging. The year-over-year drop of 2.4%, to an annual rate of sales of 621,000, was the fourth month in a row of year-over-year declines – but a heck of a lot less bad than the double-digit plunges in the prior two months:
That the price declines have not moved the needle enough also shows up in the inventory of new houses for sale that just keeps on rising. In December, the supply surged 17% year-over-year to 344,000 houses, for a supply of 6.6 months at December’s rate of sales (up from 5.5 months a year earlier):
Trump has this one down: “Basically they’ve started the campaign..”
The House Judiciary Committee’s Democratic Chairman Rep. Jerrold Nadler is a man in search of a crime. Nadler and his colleague House Intelligence Committee Chairman Adam Schiff have moved the conversation from Russian collusion and are now promising to investigate virtually everything connected to President Donald Trump. Mind you, we the tax payers will be paying for these investigations and it will drag America and the administration into another two years of endless witch hunts. Yes, a witch-hunt. Can you imagine if someone despised you so much that all they did day in and day out was search for something, anything, that would get those around you to doubt your intentions. Imagine having to fight every single day of your life against never ending accusations.
Even when those accusations are later proven false it won’t matter because the original lie has already been thoroughly disseminated far and wide among the population. Why are Nadler, D-NY, and Schiff, D-CA, promising these investigations? Because they want to impeach Trump. It’s just that simple. They also want to send a message to the American people: your vote really didn’t matter because in the end it’s Congress that holds the power. Think about that. There was never any evidence of crime that called for Deputy Attorney General Rod Rosenstein to establish a special counsel. Yet, he did. In fact, he wrote the letter authorizing Trump to fire former FBI Director James Comey. Comey would’ve been fired the first day had Hillary Clinton been president. However, obstruction charges are at the top of the Nadler’s list of investigations.
He also promises to investigate all of Trump’s financial dealings and past business associations. Why? The pair realize that Special Counsel Robert Mueller’s report will not do the damage they were hoping it would. Both Democratic leaders, supported by their party, realize that Mueller has found no evidence of a conspiracy with the Russians. It has left believers like Schiff, Nadler and many former Obama Administration officials who’ve worked diligently over the past several years to destroy Trump, seething. They do not want to go on the defensive. Nadler and Schiff don’t want to explain that their narrative has been debunked. They do not want Americans to look too close because in the end what will be discovered is that the crimes they are accusing others of committing are the ones they themselves have committed.
So what do they do? They fish for a crime, use the media to propagate their lies and spread malicious rumors. Those crimes can be anything from obstruction of justice, process crimes or financial crimes. The lawmakers will use the power of America’s purse. They will investigate Trump’s children, those who support him and those who work closely with him at the White House. nHowever, remember this: It is the American people, liberty and the principals endowed in our Constitution that will pay the heaviest burden. Nadler announced his probe on Monday into potential “obstruction of justice.” He will lob accusation, after accusation, against the Trump administration and his family. He will seek documents and communications from over 60 individuals connected with the White House. He will look for that needle in a haystack for as long as it takes.
Nadler and Schiff will conduct what they describe as thorough investigations. They will keep these lengthy investigations going to buy time on the clock until they get close to the Democratic National Convention. Nadler will do so at the cost of our nation. Don’t be fooled. He doesn’t care about the American people or justice. In the end, this all about ‘getting back’ for the Democrats.
You won’t find anyone saying: “but he’s the president, the people voted for him” anymore. What will that mean for subsequent presidents?
President Donald Trump on Tuesday escalated attacks on Democrats investigating him and his associates, as he signed an executive order establishing a task force addressing veteran suicide. Trump blasted Democrats who have launched an investigation into his White House and allies, saying on Twitter that lawmakers including House Judiciary Committee Chairman Jerry Nadler are looking to “harass” the 81 individuals and entities they’re seeking documents from. Those individuals include Trump’s sons Eric and Donald Jr., as well as David Pecker, chairman and CEO of American Media, which publishes the National Enquirer.
Calling Nadler and House Intelligence Committee Chairman Adam Schiff “stone cold CRAZY,” Trump said letters were “sent to innocent people to harass them.” White House press secretary Sarah Sanders said late Monday the investigation was “disgraceful and abusive.” Nadler said his committee is beginning a probe into possible obstruction of justice, corruption and abuse of power. Trump later said Democrats’ probe was a “disgrace” and said they wanted to “play games” instead of work on infrastructure or health care. “Basically they’ve started the campaign,” he said.
They’ve started the campaign. But they actually believe they can get rid of Ocasio and Omar whenever they want. And that’s not true. The old guard is done.
GOP Congressman Steve King has served in the U.S. House of Representatives for sixteen years, yet Democrats – who controlled the House for four of those years and now control it again – never formally rebuked or condemned him until last month (they did so at the same time that Republicans removed him from his Committee assignments due to a long history of white supremacist remarks). By extremely stark contrast, Democratic Congresswoman Ilhan Omar – the first black Muslim woman ever elected to the Congress – has served in the House for a little more than two months, and House Democratic leaders have already formally condemned her once and are preparing to so again, this time even more harshly and officially, on Wednesday.
On February 11, the House Democratic leadership, responding to statements made by Omar about large donors and AIPAC driving pro-Israel policies, issued a joint statement condemning Omar for what they called her “use of anti-Semitic tropes,” adding that her “prejudicial accusations about Israel’s defenders” are “deeply offensive.” They then demanded: “We condemn these remarks and we call upon Congresswoman Omar to immediately apologize for these hurtful comments.” Omar then issued a statement of her own in which she “unequivocally apologized” for unintentionally invoking “anti-Semitic tropes,” but made crystal clear that “the problematic role of lobbyists in our politics” – whether it be AIPAC, as well as the NRA or the fossil fuel industry – was one she would continue to aggressively address and combat.
The Congresswoman quickly made good on her promise to continue speaking out about AIPAC’s toxic influence, the destructive and immoral support given to Israel by the U.S., and the subordination of Americans’ Constitutional rights and the country’s national interests to that foreign nation. Speaking last Wednesday in Washington at a town hall meeting with several other progressive House members, Congresswoman Omar was asked about the use of the “anti-semitism” label to shut down debate over Israel. In reply, she said: “I want to talk about the political influence in this country that says it is OK to push for allegiance to a foreign country.” That remark created a new outburst of anti-Semitism accusations against Omar, initially provoked by New York Magazine’s Jonathan Chait, whose column carried the most sensationalistic and misleading headline possible: “Ilhan Omar Accuses Israel Hawks of ‘Allegiance to a Foreign Country.’”
I am told everyday that I am anti-American if I am not pro-Israel. I find that to be problematic and I am not alone. I just happen to be willing to speak up on it and open myself to attacks.
— Ilhan Omar (@IlhanMN) March 3, 2019
Small detail: older Americans own lots of firearms.
The first two federal safety net programs, Social Security and Unemployment Insurance, will turn 65 next year. This historic milestone is being preceded by a new focus from the new Congress on how the government’s safety net programs are performing and what changes might be needed to improve them. Safety net programs have evolved over time, from Head Start in 1964 to Supplemental Security Income in 1972 to the Affordable Care Act (ACA) of 2010, with its expansion of Medicaid to approximately 15 million people. And social safety net programs have done a lot of good over time. For example, Social Security has lifted an estimated 27 million people out of poverty. However, against this backdrop are some more disturbing realities.
First, many eligible Americans, especially older adults, are not receiving safety net benefits to which they are entitled. For example, the National Council on Aging estimates that almost 60% of older Americans eligible for the Supplemental Nutrition Assistance Program (SNAP; formerly known as food stamps) aren’t enrolled. Access to federal benefits is especially challenging for older women, who represent nearly two-thirds of all people 65 and older living in poverty. Certain safety net programs have shown a bias against women regarding benefits and coverage by considering work history and salary history; historically, women have been more likely to be unpaid caregivers and to have lower salaries than men. Fixing this type of bias is a prime example of potential safety net reform.
Second, safety net program benefits are not keeping up with the need. For example, Supplemental Security Insurance (SSI), a program for low-income older adults and people with disabilities, has only seen minimal benefit increases since it was created nearly 50 years ago. Third, the government’s measurement of what constitutes poverty for safety net programs, especially poverty of older adults, is grossly outdated. This results in many more older Americans living in poverty than the federal guidelines show. Finally, out-of-pocket health care costs are not sustainable for some poorer, older adults in the Medicare program, leaving many with hard choices between paying for food or rent.
Orders for Class-8 trucks – made by Daimler (Freightliner, Western Star), Paccar (Peterbuilt, Kenworth), Navistar International, and Volvo Group (Mack Trucks, Volvo Trucks) – plunged 58% in February compared to February last year, to 16,700 orders, according to FTR Transportation Intelligence after they’d already plunged 58% year-over-year in January and 43% in December. The orders in January and February were back in the range of the “transportation recession” that had hit the industry in 2015 and 2016. At the time, truck and engine manufacturers reacted with layoffs. But for now, they’re sitting on a massive backlog from the boom in orders last year (data via FTR):
The business is infamously cyclical, with regular booms that lead to over-ordering and then overcapacity, followed by busts that then sort it all out again. The industry is also seasonal, so we can use year-over-year comparisons to eliminate most of the effects of seasonality. The chart below shows the percent change of Class-8 truck orders for each month compared to the same month a year earlier. The year-over-year plunges over the past three months are of the same magnitude as the plunges during the last transportation recession (data via FTR):
Brexit according to Henry VIII.
Britain’s 800-year-old parliament has a big decision to make, and little time to make it. After months of drama and delay, the country’s fate could be decided next week in a series of Brexit votes in which lawmakers must choose one of two wood-panelled corridors to shuffle down inside the neo-gothic Westminster palace. Each vote, known as a division, takes about 15 minutes. If it takes too long, the Serjeant-at-Arms, dressed in shiny black shoes, knee-high socks and a long woollen suit, will be sent bearing a ceremonial sword to investigate. Rich in pageantry and theater, Westminster’s parliamentary format has been adapted, modernized and exported to more than two dozen countries across the globe.
[..] On March 12, May is expected to try once more to get her deal approved, though much will rest on whether she can secure extra assurances from Brussels about the thorny issue of Northern Ireland’s border. If that vote fails, May will ask parliament a day later whether it wants to leave the European Union without any kind of exit deal – a potentially disruptive divorce with damaging consequences for the world’s fifth largest economy. If parliament rejects that outcome as well, lawmakers will then decide on March 14 if they want to try to delay Brexit, potentially opening the door to a wholesale renegotiation with the EU – or even a second referendum at home. If the process does go to a third ballot, when Speaker John Bercow bellows “Division!” and bells ring across parliament and beyond to alert lawmakers to the vote, Britain could be 15 minutes from taking its first step towards reversing Brexit.
“17% of the UK population – over 8 million adults – would struggle to cope in a cashless society”. And nobody cares.
More than 8 million UK adults would struggle to cope in a cashless society, according to a major report which claims that the country’s “cash infrastructure” is in danger of collapsing. With Britons increasingly turning to digital payments, and bank branches and ATMs closing, the Access to Cash Review said companies and organisations providing “essential” services should be required to ensure that consumers can continue to pay by cash. The review is funded by cash machine network Link, but is independent from it, and is chaired by the former head of the Financial Ombudsman Service Natalie Ceeney, with other members including Richard Lloyd, the former executive director of consumer group Which?.
Ceeney said that “17% of the UK population – over 8 million adults – would struggle to cope in a cashless society”. Debit cards last year officially overtook notes and coins as the most popular form of payment in the UK for the first time, and the review’s report predicted that cash could fall to just 10% of all payments within the next 15 years. It also called on the government, regulators and banks to “act now or risk leaving millions behind”. A spokesman for the review claimed the UK’s cash system was “on the verge of collapse”. The bill for running the UK’s cash infrastructure – from ATMs to cash-sorting centres – was about £5bn a year, paid for predominantly by banks (and, ultimately, consumers), said the report. But while the costs were largely fixed, income was declining quickly. As a result, it said, “we have a cash infrastructure which is fast becoming unsustainable”.
EU banks hold 15 percent of UK bank debt and 10 percent of UK government bonds.
The Bank of England and the European Central Bank (ECB) have agreed an emergency currency swap line to ensure banks have access to cash in the event of a no-deal Brexit. The agreement means the Bank of England will offer to lend euros to UK banks on a weekly basis while the ECB will receive pound sterling from the BoE in exchange for euros. It means that even if the UK crashes out of the EU without a deal, the country will still remain reliant on Frankfurt to help safeguard the financial system. “Activation marks a prudent and precautionary step by the Bank of England… supporting the functioning of markets that serve households and businesses,” the ECB said on Tuesday.
Since 2013, Britain has had similar swap lines with four other central banks: the US, Canada, Japan and Switzerland. The UK needs free access to supplies of foreign currencies to facilitate trade and much of the financial services industry. During a crisis, banks can find it hard to access the volume of foreign currency they need. It is at this point that central banks will be available to provide cash through so-called swap lines. There had been some speculation that the ECB would not support a euro swap line if no Brexit deal is agreed with the UK. But the ECB and BoE confirmed on Tuesday that the facility will be available. The ECB said it will continue to work closely with the Bank of England to monitor market conditions carefully.
Good. Let them ride bicycles.
Car giants Toyota and BMW have both warned a no-deal Brexit threatens the production of their cars in the UK. BMW told Sky News it could consider moving production of its Mini from the UK in a no-deal scenario. Separately, the head of Toyota’s European operations said a negative outcome could put future investment at its UK factory near Derby at risk. Johan van Zyl told the BBC that if the Brexit “hurdles” are too high it would undermine Toyota’s competitiveness. Speaking to Sky News, BMW board member Peter Schwarzenbauer said if a “worst case” no-deal scenario happened, “we would need to consider what it exactly means for us in the long run”. “For Mini, this is really a danger,” he added.
Asked if BMW could move Mini production out of Cowley near Oxford, he said: “We at least have to consider it.” Earlier, BMW chief executive Harold Krueger told the BBC that the carmaker was preparing “for a lot of scenarios” and was “very flexible” in its approach to production. He said the company had “reserved some air flight capacity for the transportation of bigger materials” and had prepared its suppliers. “The logistics network is very flexible to adjust to changes,” he said. The warnings come after Japanese rivals Nissan and Honda both recently dealt major blows to the UK motor industry. Last month, Nissan reversed a decision to build a new car in the UK , and Honda said it was closing its Swindon plant , although both cited non-Brexit reasons.
Our food is killing us.
Around the world, people are living longer. In 1950, global average life expectancy at birth was only 46. By 2015, it had shot up to over 71. In some countries, progress has not always been smooth. Disease, epidemics and unexpected events are a reminder that ever-longer lives are not a given. Meanwhile, the deaths that may preoccupy us – from terrorism, war and natural disasters – make up less than 0.5% of all deaths combined. But across the world, many are still dying too young and from preventable causes. The story of when people die is really a story of how they die, and how this has changed over time.
About 56 million people in the world died in 2017. This is 10 million more than in 1990, as the global population has increased and people live longer on average. More than 70% die from non-communicable, chronic diseases. These are not passed from person to person and typically progress slowly. The biggest single killer is cardiovascular disease, which affects the heart and arteries and is responsible for every third death. This is twice the rate of cancers – the second leading cause – which account for about one in six of all deaths. Other non-contagious diseases such as diabetes, certain respiratory diseases and dementia are also near the top of the list.
In the past, infectious diseases played a bigger part than they do today. In 1990, one in three deaths resulted from communicable and infectious diseases; by 2017 this had fallen to one in five. Children are particularly vulnerable to infectious diseases. As recently as the 19th Century, every third child in the world died before the age of five. Child mortality rates have fallen significantly since then thanks to vaccines and improvements in hygiene, nutrition, healthcare and clean water access. Child deaths in rich countries are now relatively rare, while the poorest regions today have child mortality rates similar to the UK and Sweden in the first half of the 20th Century, and are continuing to catch up.
Seals and whales in the Arctic are shifting their feeding patterns as climate change alters their habitats, and the way they do so may determine whether they survive, a new study has found. Researchers harnessed datasets spanning two decades to examine how two species of Arctic wildlife – beluga whales, also known as white whales, and ringed seals – are adapting to their changing homes. Both species traditionally hunt for food in areas with sea ice and particularly at so-called tidal glacier fronts, where glaciers meet the ocean. But with climate change melting sea ice and prompting glaciers to retreat, researchers in Norway decided to look at whether and how animals in the affected areas were adapting.
“The Arctic is the bellwether of climate change,” the researchers wrote. “With the rapid pace of change rendering genetic adaptation unfeasible,” they reasoned that behavioural and dietary changes “will likely be the first observable responses within ecosystems”. [..] For the seals, they compared tracker data from 28 individuals between 1996-2003 and then 2010-2016, and for the whales they looked at data from 18 animals between 1995-2001 and 16 animals from 2013-2016. The data showed that two decades ago, both species spent around half their time foraging at glacier fronts and eating a diet dominated by polar cod. But ringed seals now spend “significantly higher proportions of time near tidal glacier fronts” while the white whales had the opposite response and had moved elsewhere to look for food.