Daily Archives: July 6, 2018

Appeasement by any other name

In case you missed it, because it was released on the eve before the Fourth of July in a pre-holiday news dump (which raises the obvious question, “Why”?), the Senate Intelligence Committee completely refuted Rep. Devin “Midnight Run” Nunes’ bogus House Intelligence Committee report on Russian interference in the 2016 campaign that was ballyhooed by the Twitter-troll-in chief and FAUX News aka Trump TV.

The Washington Post reported, Senate report affirms intelligence community’s conclusion that Russia favored Trump over Clinton:

A Senate panel investigating Russia’s interference in the 2016 presidential election released Tuesday a written summary of its determination that the U.S. intelligence community correctly concluded Moscow sought to help Donald Trump win.

The Senate Intelligence Committee’s report affirms conclusions that its members first announced in May. It stands in sharp contrast with a parallel investigation by the House Intelligence Committee, whose Republican members questioned the intelligence community’s tradecraft in concluding the Kremlin aimed to help Trump.

The Senate panel called the overall assessment a “sound intelligence product,” saying evidence presented by the FBI, CIA and National Security Agency supported their collective conclusion that the Russian government had “developed a clear preference for Trump” over his opponent in the race, Hillary Clinton. Where the agencies disagreed, the Senate panel found those differences were “reasonable.”

Trump insists that the Russians did not have a preference for his campaign, and has even tried to project onto Clinton that Putin would have preferred Hillary Clinton as president. Sorry, but NO.

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June jobs report and the Trump vs. The World Trade War

The June jobs report released today may be the apex of job growth after 93 consecutive months of job creation — the longest streak on record — because today marks the official start of the Trump vs. The World Trade War. As Trump’s trade war starts, China vows retaliation:

The United States imposed the first duties on $34 billion in Chinese goods early Friday, officially launching a trade war between the world’s two largest economies. Moments later, the Chinese side fired back, accusing the United States of violating WTO rules setting off “the largest trade war in economic history to date.”

Cadet bone spurs says Trade Wars Are ‘Good, and Easy to Win’, but history says otherwise. “Trade wars are never won. Trade wars are lost by both sides,” Sen. Ben Sasse of Nebraska has warned. “[I]t will kill American jobs — that’s what every trade war ultimately does. So much losing.” More about this later in the post.

Steve Benen has the June jobs report. Job growth remains steady, but jobless rate ticks higher:

Ahead of this morning’s new jobs report, most projections pointed to totals of roughly 200,000 new jobs last month. Those projections turned out to be correct.

The Bureau of Labor Statistics reported this morning that the economy added 213,000 jobs in June, while the unemployment rate inched a little higher, climbing from 3.8% to 4%.

JuneJobs

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Citizen Initiatives filed – now comes the challenges to keep them off the ballot

Thursday was the filing deadline for citizens initiatives. Several hot-button initiatives were filed. If they survive signature verification and the inevitable lawsuits from well-funded special interest opponents, this year’s fall campaign will be dominated by a flood of “dark money” negative advertisements from corporate special interests and the Chambers of Commerce. Their privileged plutocrat attitude is that “We own this state! Who are the unwashed masses to tell us what we can do? You will obey!

The AP reports, Arizona ballot initiatives focus on energy, school funding:

Thursday was the deadline for proposed ballot initiatives to file the hundreds of thousands signatures necessary to put a question on the ballot. Three groups of organizers trucked boxes full of petitions to the state Capitol.

The signatures still have to processed and verified. The Arizona Secretary of State’s office has 20 days to complete petition processing. Then counties have 15 days to verify signatures, followed by another three days for the Secretary of State to determine if the initiative qualifies.

Followed by the inevitable lawsuits from well-funded special interest opponents.

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