US Politics

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Partridge Iciclebubbles
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PostRe: US Politics
by Partridge Iciclebubbles » Fri Aug 03, 2018 3:10 pm

KK wrote:Funny how that "BLACKS FOR TRUMP" sign always seems to make it onto TV front and centre. It's almost as if it's staged. ;)


It's staged, and it is held up by an actual crazy person.

https://en.wikipedia.org/wiki/Michael_the_Black_Man

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KK
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PostRe: US Politics
by KK » Fri Aug 03, 2018 3:24 pm

Like in the UK, employment still doing very well. Also like here, wages not really increasing though:

NYTimes wrote:U.S. Added 157,000 Jobs in July; Unemployment Rate Slips to 3.9%

The Labor Department on Friday released its hiring and unemployment figures for July, providing a fresh snapshot of the American economy.

  • 157,000 jobs were added last month. Economists had expected a gain of about 190,000.
  • The unemployment rate fell to 3.9 percent, from 4 percent.
  • Average hourly earnings rose by 7 cents to $27.05. The year-over-year gain is unchanged at 2.7 percent.
The latest job figures follow a steady stream of hiring gains and a robust reading on economic growth. Last week, the Commerce Department reported that gross domestic product expanded at an annual rate of 4.1 percent in the second quarter, the fastest pace in nearly four years.

Like weather forecasters predicting sunny skies in Southern California, economists have watched the labor market produce consistent monthly increases in hiring recently. “I’ve never seen such a steady stream of gains — there’s no volatility in the numbers,” said Ellen Zentner, chief United States economist at Morgan Stanley.

Although the overall gain for July came in slightly below expectations, figures for payroll increases in May and June were revised substantially higher. The Labor Department said the economy added 268,000 jobs in May, up from an initial estimate of 244,000, while the June gain was revised upward to 248,000 from 213,000.

Martha Gimbel, director of economic research at Indeed.com, noted before Friday’s report that in the first half of 2018, the average monthly increase in jobs had even exceeded those in the comparable periods of 2015 and 2016. (With revisions, it was 224,000, compared with 184,000 in the same period last year and 181,000 in 2016.) “It is amazing that at this point in a recovery you are seeing growth that is on average faster than the previous two years,” she said.

Made in U.S.A.

The manufacturing sector has been strong recently and gained another 37,000 jobs in July. “We’re not seeing any impact from trade tensions, as it’s too early,” said Scott Anderson, chief economist at Bank of the West in San Francisco. Makers of machinery, fabricated metals and electrical equipment have been among the most aggressive in hiring.

Steel Ceilings in Johnstown, Ohio, hired two hourly workers last month and will hire another two this month if it can find appropriate candidates, said Rick Sandor, the company’s president. That’s not easy these days — shifts run from 5 a.m. to 2 p.m., and temporary workers start at $14 per hour. So as the labor market has tightened, Mr. Sandor has eased up on the requirements for new hires.

In the past, he insisted on a couple of years’ experience in metal fabrication, but now settles for candidates who show mechanical skills, like carpentry or heating and cooling repair. Mr. Sandor is willing to waive the requirement for a high school diploma as well and has even hired applicants with what he terms “minor” prison sentences.

“If a person was truly trying to get their life back together, we thought it would be helpful to offer them a job,” Mr. Sandor said.

Where’s My Raise?

Despite the steady hiring gains and the low unemployment rate, wages have been growing just barely faster than inflation.

“People keep wondering when that magical kink will occur and wages will turn on a dime,” Ms. Zentner said. Not yet, she predicted. Although the low unemployment rate has produced pockets of labor shortages, she said, “it’s not economywide.”

One reason is that plenty of workers still seem to be coming off the bench. For July, the participation rate was 62.9 percent, unchanged from June.

The Fed’s Outlook

The Federal Reserve upgraded its view of the economy this week, substituting “strong" for “solid” in the statement that policymakers released after their latest meeting. The consensus on Wall Street calls for the central bank to raise rates twice more this year, in September and December.

Friday’s report confirms that trajectory, which would bring the benchmark rate to 2.25 to 2.5 percent by the end of the year. Although even that level is low by historical standards, the Fed’s slow but steady campaign to normalize interest rates after years near the zero bound is beginning to be felt.

Home buyers are encountering higher mortgage rates, one reason that the housing market has been faltering lately even as other economic indicators like hiring have remained strong, as evidenced by the upward revisions for May and June.

“We got enough upward revisions to offset the slight disappointment on the July number,” said Simona Mocuta, senior economist with State Street Global Advisors.

Ms. Mocuta added that the dip in the unemployment rate without any corresponding upward pressure on wages suggested more slack in the labor market than the unemployment rate might otherwise suggest.

“We are bringing unemployment way below 4.5 percent, which the Fed considers full employment,” she said. “But we are getting very modest wage inflation. This is an issue not just for the U.S., but in every other developed market.”

https://www.nytimes.com/2018/08/03/busi ... -2018.html

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DML
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PostRe: US Politics
by DML » Fri Aug 03, 2018 3:30 pm

The books are cooked on UK employment. Let's take out zero hour contracts and see how its doing. Strange that job centres are st their busiest in over a decade right now.

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Peter Crisp
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PostRe: US Politics
by Peter Crisp » Fri Aug 03, 2018 3:50 pm

DML wrote:The books are cooked on UK employment. Let's take out zero hour contracts and see how its doing. Strange that job centres are st their busiest in over a decade right now.


While I don't have the data to argue about the unemployment numbers the Job centre is busier because they've been given way more to do these days than simply people walking in to sign-on. They now have to conduct job searches with people a few times a week which they didn't need to do when I was unemployed after redundancy 9 years ago fort example and they also now sort out things like benefits for lone parents and other stuff like that.

jiggles wrote:Nobody with a VR headset is going to be using it regularly this time next year, let alone in 4 years time.


Posted 16th March 2016. Let's see.
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Monkey Man
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PostRe: US Politics
by Monkey Man » Fri Aug 03, 2018 6:49 pm

'Manhattan Madam' met with Mueller's team

Kristin Davis, the woman famously known as the "Manhattan Madam," met with special counsel Robert Mueller's team for a voluntary interview on Wednesday, according to four sources familiar with the situation.

Investigators appear to be interested in her ties to longtime Donald Trump adviser Roger Stone, whom she has known for a decade. Sources said investigators expressed interest in having Davis testify before a grand jury -- the latest indication that prosecutors are still aiming to build a case against Stone.

https://edition.cnn.com/2018/08/03/poli ... index.html

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Alvin Flummux
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PostRe: US Politics
by Alvin Flummux » Fri Aug 03, 2018 10:21 pm





I don't think they seriously believed they could make the ACLU do their job for them. I think it's a ploy that Trump will whip out in his rallies, riling up his base with baseless accusations that "they" wouldn't find the kids he lost.

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Peter Crisp
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PostRe: US Politics
by Peter Crisp » Fri Aug 03, 2018 11:28 pm

I think Trump may secretly be trying to claim the title of Cuntiest President.

He's a strong contender so far I'll give him that.

jiggles wrote:Nobody with a VR headset is going to be using it regularly this time next year, let alone in 4 years time.


Posted 16th March 2016. Let's see.
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PostRe: US Politics
by KK » Sat Aug 04, 2018 7:42 am

Continuing the wrestling theme in US politics, Donald Trump retweeted Vince McMahon last night about a Make A Wish grantee. A bit random.

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PostRe: US Politics
by Silent Right » Sun Aug 05, 2018 5:31 am

In other news...

Steven Segal has been appointed as a special envoy to the US by Russia...

https://www.newsweek.com/russia-appoint ... ca-1057345

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Pelloki on ghosts wrote:Just start masturbating furiously. That'll make them go away.

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Harry Ola
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PostRe: US Politics
by Harry Ola » Sun Aug 05, 2018 7:23 am



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Alvin Flummux
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PostRe: US Politics
by Alvin Flummux » Sun Aug 05, 2018 7:32 am

Can Mueller get him on that?

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Partridge Iciclebubbles
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PostRe: US Politics
by Partridge Iciclebubbles » Sun Aug 05, 2018 9:22 am

Peter Crisp wrote:I think Trump may secretly be trying to claim the title of Cuntiest President.

He's a strong contender so far I'll give him that.


Secretly?

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PostRe: US Politics
by KK » Sun Aug 05, 2018 9:42 am

The BBC has now become the most trusted TV news brand in the United States, followed closely by Fox News and PBS, according to new analysis created for Research Intelligencer by Brand Keys.

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The analysis, which draws from the 2018 “Customer Loyalty and Engagement Index,” examines 1,287 brands across 150 categories to determine how much “trust” contributed to each brand’s engagement and market success.

For the TV brands analyzed here, 4,012 viewers rated broadcast and cable brands that they watch regularly (3+ times per week) to determine how much trust those brands engendered.

As President Trump has assailed news (of all varieties) as “Fake News,” and more recently, “the enemy of the people,” Brand Keys was interested to see how much “trust” viewers actually had in the President, versus the TVs brands.

President Trump was rated with an overall 29%, less than a third of that attributed to the BBC, and half that of local news broadcaster and avowed Trump supporter, Sinclair Broadcast Group.

Examined by political affiliation, Democrats rated Mr. Trump 14%, Independents 22%, and Republicans 35%. Eighteen percent (18%) of the sample had “No Opinion.”

Good to see Trump at the bottom, at least.

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Harry Ola
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PostRe: US Politics
by Harry Ola » Sun Aug 05, 2018 3:23 pm




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Alvin Flummux
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PostRe: US Politics
by Alvin Flummux » Sun Aug 05, 2018 3:32 pm

I see he's dropped the adoption line.


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Monkey Man
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PostRe: US Politics
by Monkey Man » Sun Aug 05, 2018 8:47 pm


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PostRe: US Politics
by Hexx » Mon Aug 06, 2018 9:56 am

The National Rifle Association warns that it is in grave financial jeopardy, according to a recent court filing obtained by Rolling Stone, and that it could soon “be unable to exist… or pursue its advocacy mission.” (Read the NRA’s legal complaint at the bottom of this story.)

The reason, according to the NRA filing, is not its deep entanglement with alleged Russian agents like Maria Butina. Instead, the gun group has been suing New York Gov. Andrew Cuomo and the state’s financial regulators since May, claiming the NRA has been subject to a state-led “blacklisting campaign” that has inflicted “tens of millions of dollars in damages.”

In the new document — an amended complaint filed in U.S. District Court in late July — the NRA says it cannot access financial services essential to its operations and is facing “irrecoverable loss and irreparable harm.”

Specifically, the NRA warns that it has lost insurance coverage — endangering day-to-day operations. “Insurance coverage is necessary for the NRA to continue its existence,” the complaint reads. Without general liability coverage, it adds, the “NRA cannot maintain its physical premises, convene off-site meetings and events, operate educational programs … or hold rallies, conventions and assemblies.”

The complaint says the NRA’s video streaming service and magazines may soon shut down.

“The NRA’s inability to obtain insurance in connection with media liability raises risks that are especially acute; if insurers remain afraid to transact with the NRA, there is a substantial risk that NRATV will be forced to cease operating.” The group also warns it “could be forced to cease circulation of various print publications and magazines.”

In addition to its insurance troubles, the NRA court filing also claims that “abuses” by Cuomo and the New York State Department of Financial Services “will imminently deprive the NRA of basic bank-depository services … and other financial services essential to the NRA’s corporate existence.”
President Donald Trump leaves the stage after addressing the National Rifle Association convention in Dallas, May 4, 2018. Trump began his remarks by hailing a number of Republican politicians in attendance, voicing full support for Sen. Ted Cruz in his bid for re-election. (Tom Brenner/The New York Times)

The lawsuit presents these financial risks as catastrophic. Without access to routine banking services, the NRA claims, “it will be unable to exist as a not-for-profit or pursue its advocacy mission.” The lawsuit accuses New York’s government of seeking to “silence one of America’s oldest constitutional rights advocates,” pleading to the court: “If their abuses are not enjoined, they will soon, substantially, succeed.”

The lawsuit stems from actions taken by New York financial regulators to halt the sale of an illegal, NRA-branded insurance policy. The NRA actively marketed “Carry Guard,” a policy to reimburse members for legal costs incurred after firing a legal gun. In May, the state of New York found that Carry Guard “unlawfully provided liability insurance to gun owners for certain acts of intentional wrongdoing.” The NRA’s insurance partners agreed to stop selling the policies and pay a $7 million fine.

The NRA complaint alleges that New York was not content to block this single insurance product, but instead campaigned to sever the NRA’s ties to a wide range of financial service providers, from insurance companies to banks.

The NRA did not respond to a request for more detail about its financial distress, but its most recent financial disclosure also shows it overspent by nearly $46 million in 2016.

The lawsuit decries pressure from state regulators in the wake of the Parkland, Florida massacre — including a letter asking financial institutions to heed “the voices of the passionate, courageous, and articulate young people who have experienced this recent horror first hand” — and from the governor himself. In April, Cuomo tweeted: “I urge companies in New York State to revisit any ties they have to the NRA and consider their reputations, and responsibility to the public.”

In its complaint, the NRA paints these actions as a “malicious conspiracy to stifle the NRA’s speech and induce a boycott of the NRA.” Cuomo and state regulators, the NRA alleges, were intent on “suppressing the NRA’s pro-Second Amendment viewpoint” and had engaged in “unlawful conduct with the intent to obstruct, chill, deter, and retaliate against the NRA’s core political speech.”

In the filing, the NRA reveals that its longtime insurer broke off negotiations this winter and “stated that it was unwilling to renew coverage at any price.” [Emphasis in original.] The NRA claims it “has encountered serious difficulties obtaining corporate insurance coverage to replace coverage withdrawn.” In addition, the NRA contends that “multiple banks” have now balked at doing business with it “based on concerns that any involvement with the NRA — even providing the organization with basic depository services — would expose them to regulatory reprisals.”


https://www.rollingstone.com/politics/p ... le-706371/

The National Rifle Association claims it has suffered "tens of millions of dollars" of harm after insurance companies and banks stopped working with them after the Parkland shooting.

The guns rights organization made the claim in documents filed in a New York federal court in late July, which were first reported by Rolling Stone.

The NRA is suing the New York State Department of Financial Services and Gov. Andrew Cuomo after the state agency encouraged financial services companies in New York not to do business with the gun rights organization after the Florida shooting.

The NRA argues in its lawsuit that it's been the victim of a "discrimination campaign" and that it has suffered harm to its reputation and marketing damages worth tens of millions of dollars.

"The NRA has suffered tens of millions of dollars in damages," the lawsuit read. "Such damages include, without limitation, damages due to reputational harm, increased development and marketing costs for any potential new NRA-endorsed insurance programs, and lost royalty amounts owed to the NRA, as well as attorneys’ fees, legal expenses, and other costs."


https://www.buzzfeednews.com/article/am ... s-parkland

Let's all send them Thoughts and Prayers. It's the most we can do

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Rudolphin
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PostRe: US Politics
by Rudolphin » Mon Aug 06, 2018 10:00 am

Saw a thread from a fundraiser prof on this yesterday: it's likely all lies to increase their funding. No doubt they've taken a few hits but they're nowhere near insolvency.

Last edited by Rudolphin on Mon Aug 06, 2018 10:02 am, edited 1 time in total.
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Preezy
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PostRe: US Politics
by Preezy » Mon Aug 06, 2018 10:01 am

whatashame.jcdenton

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PostRe: US Politics
by Hexx » Mon Aug 06, 2018 10:02 am

Tafdolphin wrote:Saw a thread from a fundraiser on this yesterday: it's likely all lies to increase their funding. No doubt they've taken a few hits but they're nowhere near insolvency.


I'd hate this to be true, but I can see it as plausible :(


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