The farce continues as a detailed reckoning of Hillary Clinton's State Department emails reveals former top aide Huma Abedin provided influential Clinton Foundation donors special, expedited access to the secretary of state. In many instances, as Judicial Watch exposes, the preferential treatment provided to donors (from a British soccer player to the crown prince of Bahrain) was at the specific request of Clinton Foundation executive Douglas Band.
One month ago, we showed three prominent "red flags" that the US housing market was starting to roll over. Fast forward one month and we find that the adverse trends observed in early July have gotten progressively worse, and we can now add one more.
The Clinton campaign is launching a new program that will allow America's 730,000 DREAMers to vote...without actually voting, of course, because that would be illegal. We introduce to you "Mi Sueño, Tu Voto" (My Dream, Your Vote).
For everyone living in Arizona, Southern California, southern Nevada and northern Mexico; forget about the election, terrorism, or the economy - the only thing you should care about is the number 1075!
America’s about to endure the closest, nastiest, most unpredictable presidential election in more than three decades. Not since Jimmy Carter and Ronald Reagan ran against each other in 1980 has the choice been so stark, the warnings from each candidate about the other so dire, the likely outcome so murky. As this year’s political conventions end, there’s no clear favorite. But watch the polls next week. The leader in the first polls conducted entirely after the convention ends has won the White House every time since 1948.
The $0 down, 30-year, adjustable-rate, jumbo mortgage backed by illiquid stock options in tech start-ups, a loan which the San Francisco Federal Credit Union has coined POPPY (Proud Ownership Purchase Program for You), because "Steaming Pile of $h!t" just didn't seem appropriate and messaging really is everything when you're trying to dump loans overseas, has made a huge come back in Silicon Valley. We know what you're thinking but it's probably fine.
“Prolonged stagnation, cultural upheavals and policy failures are combining to shake the balance between democratic legitimacy and global order...The candidacy of Mr. Trump is a result. Those who reject the chauvinist response must come forward with imaginative and ambitious ideas aimed at reestablishing that balance... Our civilization itself is at stake.”
If you thought yesterday was chaos - with Debbie down, moaning media, booing Bernie fans - today could start with another raucous rabble as the state roll-call vote will take place. Debbie Wassserman Schultz's just-as-biased replacement Donna Brazile will address the crowd (grab the popcorn), as will Nancy Pelosi, but the headliner of the night - surely there to doom-and-gloom more evil Trumpiness - is Bill Clinton.
Despite its supposed seasonal adjustment, Case-Shiller home price growth in May tumbled for the 3rd year in a row (in fact, with revisions, the 0.23% drop since March is the biggest drop since June 2014). This is the first consecutive home price drop since 2012. The almost unbelievable 'stability' of the 5-ish percent growth in Case-Shiller home prices for the last 2 years is impressive if only for its historical lack of precedence but May's 5.24% YoY rise in the slowest since Sept 2015.
After the turmoil of last week's RNC, this week' Democratic Nation Convention is off to an even more chaotic start (no matter what the surrogates desperately try to say). Wasserman Schultz resignation and decision not to 'gavel in' the convention is over-shadowed by the increasingly loud voices of Bernie (who will speak tonight) supporters booing any mention of Clinton-Kaine, but according to the mainstream media, Michelle Obama's headline speech tonight will bring the party together.