User: newstrust Topic: US Economy
Category: Housing
Last updated: Feb 22 2019 04:16 IST RSS 2.0
 
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North Carolina Board of Elections calls for a new election in tainted congressional race 22.2.2019 The Atlantic - Matthew Ygblesias
On the fourth day of hearings by the North Carolina Board of Elections, Republican congressional candidate Mark Harris surprised many by calling for a new election in the state’s ninth congressional district. For months, election officials in the state have gathered mounting evidence of election fraud committed on behalf of Harris’s 2018 campaign. Hours prior, […]
Introducing Blockchain Impact Award Winner BitLumens 22.2.2019 Newsweek Top Stories
What does renewable energy have to do with poverty and access to the financial system? Plenty, according to BitLumens, a Swiss company that uses blockchain to help get people on the power grid, build their credit profiles and reduce carbon emissions.
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Republican Mark Harris’ story on North Carolina absentee ballot scandal falls apart 21.2.2019 The Atlantic - Matthew Ygblesias
The North Carolina Board of Elections held a fourth day of hearings Thursday to get to the bottom of one of the largest cases of potential election fraud in modern U.S. history. Republican candidate Mark Harris emerged from the 2018 midterms with a lead of just under 1,000 votes over Democratic contender Dan McCready. But […]
Administrator Stole $1.2 Million from Church: Reports 21.2.2019 Newsweek Top Stories
David Reiter is accused of spending the cash on car and mortgage payments, general spending and a number of family trips.
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The white supremacist Coast Guard lieutenant used tropes and language of the online far-right 21.2.2019 The Atlantic - Matthew Ygblesias
The white nationalist motivations of alleged domestic terrorist Christopher Paul Hasson are plain to see. Hasson, a U.S. Coast Guard lieutenant who was arrested last Friday on a drugs and gun charge, had compiled a hit list of prominent Democratic lawmakers, dreamed of using biological weapons against his enemies, and amassed an arsenal of more […]
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CBS Sympathizes With ISIS Bride Who Wants ‘Therapy’ as Punishment 21.2.2019 NewsBusters
In 2014, then-college student Hoda Muthana lied to her parents about going on a school trip and ran away to join the ISIS terrorist group. Now, after spending years with a terrorist group that has attacked America, she’s pleading to come back home and says “therapy” should be her punishment. This is who CBS foreign correspondent Holly Williams decided to sympathize with on Wednesday’s CBS Evening ...
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More than 90 members of Congress join in effort to block Trump’s declaration of emergency 21.2.2019 The Atlantic - Matthew Ygblesias
Led by Rep. Joaquin Castro (D-TX), approximately 92 members of the House of Representatives have signed on to a joint resolution aimed at terminating President Donald Trump’s declaration of a national emergency at the U.S.-Mexico border. Castro tweeted his intent to draft a resolution late last week, shortly after the president announced he will bypass […]
Supreme Court’s new ruling on civil asset forfeiture is pretty huge 21.2.2019 The Atlantic - Matthew Ygblesias
States cannot ignore the Constitution when imposing fines or confiscating people’s property in civil or criminal cases, the Supreme Court unanimously ruled Wednesday. The decision in Timbs v. Indiana means change is on the wind for the widespread and chronically abused law enforcement tactic of civil asset forfeiture. It will also have sweeping implications for […]
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Trump administration is accused by Democrats of interfering in oversight of Education Department 21.2.2019 The Atlantic - Matthew Ygblesias
Democrats suggested that the Trump administration tried to get rid of the Education Department’s acting inspector general, Sandra Bruce, for looking into Education Secretary Betsy DeVos’ decision to reinstate an accreditor of for-profit colleges. This isn’t the first time the administration has been accused of not only violating norms in the administrative process of agencies, but […]
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Worried over possible default, Deutsche Bank considered extending Trump’s loan terms 21.2.2019 LA Times: Business

Top Deutsche Bank AG executives were so concerned after the 2016 U.S. election that the Trump Organization might default on about $340 million of loans while President Trump was in office that they discussed extending repayment dates until after the end of a potential second term in 2025, according...

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How One Veteran is Saving Lives Back Home 20.2.2019 Mother Jones
Zach Skiles lost four of his buddies while serving as a Marine in Iraq. For years, he struggled to deal with his trauma, often relying on alcohol and marijuana to cope. He finally admitted he had post-traumatic stress disorder (PTSD) after checking into a residential treatment program in California’s Napa Valley. Skiles spent four months […]
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Justice Thomas claims that the Bill of Rights doesn’t fully apply to non-citizens 20.2.2019 The Atlantic - Matthew Ygblesias
The Supreme Court handed down a brief opinion on Wednesday establishing that states may not violate the Eighth Amendment’s ban on “excessive fines.” Every member of the court agreed with this outcome in Timbs v. Indiana, and every member but Justice Clarence Thomas joined a majority opinion by Justice Ruth Bader Ginsburg. Yet, while the result […]
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Your friends’ social media posts are making you spend more money, researchers say 20.2.2019 LA Times: Business

American families don’t save money like they used to. In 2018 the personal saving rate hovered somewhere around 7%. That’s up from an all-time low of 3% right before the Great Recession hit, but it’s well below the rate of a few decades ago.

There are a lot of potential explanations for this. Wage...

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Deutsche Bank Thought Trump Org Might Default on Loans 20.2.2019 Newsweek Top Stories
The concern from executives was not the creditworthiness of Trump or his company, but rather about Deutsche’s reputation and a potential public relations fiasco if they were ever faced with seizing assets of a sitting president
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New York Times columnist writes op-ed filled with falsehoods on Pelosi and Green New Deal 20.2.2019 The Atlantic - Matthew Ygblesias
Readers turning to the New York Times opinion pages this weekend may have left feeling confused about the urgency of climate change and where Speaker of the House Nancy Pelosi (D-CA) stands on the issue. The main thrust of the op-ed written by columnist Bret Stephens is to argue that Pelosi has an “incrementalist approach to […]
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U.S. and China Redefining the Terms of War 20.2.2019 ConsortiumNews.com
Today, war means so much more than military combat, writes Michael T. Klare. It can take place even as the leaders of the warring powers meet to negotiate.  By Michael T. Klare TomDispatch.com In his highly acclaimed 2017 book, “Destined for War,” Harvard professor…Read more →
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Bernie Sanders Enters The 2020 Presidential Race As A Democrat 20.2.2019 Crooks Liars
Vermont Senator Bernie Sanders, who is an Independent, announced Tuesday morning that he is running for President of the United States as a Democrat for the second time. He lost the Democratic presidential nomination to Hillary Clinton in 2016. VPR reports : Sanders said he is running to oppose President Donald Trump, and to enact many of the progressive ideas — including universal health care coverage, a $15 minimum wage and reducing student debt — that he championed in 2016. "I think the current occupant of the White House is an embarrassment to our country," Sanders said. "I think he is a pathological liar... I also think he is a racist, a sexist, a homophobe, a xenophobe, somebody who is gaining cheap political points by trying to pick on minorities, often undocumented immigrants." He is in his third term as a U.S. Senator. This time around, the race has a very different look and feel, with many more women running and many more candidates as a whole throwing their hats into the ring for the ...
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New data analysis shows government accepted 260 oil and gas drilling applications during shutdown 20.2.2019 The Atlantic - Matthew Ygblesias
New data analysis shows that the government accepted 260 oil and gas drilling permit applications during the partial government shutdown last month, even as federal agencies suffered severe staffing shortages at all levels. Those findings shed more light on the extent to which the Interior Department (DOI)  favored the oil and gas industry over public lands […]
House oversight committee finds Trump appointees work as nuclear shills for Saudi 19.2.2019 The Atlantic - Matthew Ygblesias
A new report from the House Oversight and Reform Committee released on Tuesday shows that President Donald Trump’s appointees were working to sell nuclear technology to Saudi Arabia while also pushing to circumvent non-proliferation standards that would prevent the country from building nuclear weapons. The report follows a trail of money between Saudi Arabia and several people […]
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Walz budget: big gas tax hike; more money for schools, health, roads 19.2.2019 Minnesota Public Radio: Politics
Gov. Tim Walz said his budget proposal unveiled Tuesday would make "significant strides" lowering health care costs and improving education statewide. But a key Republican derided it as a plan to turn Minnesota into a "cold California."
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