Morning Reads – Thursday, December 6, 2018

Good Thursday Morning! Here’s what’s happening around our state and nation:

Peaches

Jimmy Carter

Sweet Tea 

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xdogAndrew C. PopeEllynnarmanidogDave Bearse Recent comment authors
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Will Durant
Will Durant

If $64 million in corporate tax credits pays for 1,100 teachers then it stands to reason that the $100 million being siphoned off to private schools in tax credits would pay for 1,700 more.

Benevolus
Benevolus

Note to Gov.-elect Kemp- When you get an RFRA bill, will it allow Satanists to adopt children?

Dave Bearse
Dave Bearse

“Making sure we keep the voter list up to date so it’s clean, fresh and accurate, it’s very important,” SoS-elect Raffensperger the day after election.

An independent investigation and report on the undervote of 100,000 in the Lt Gov race, and complete and through examination of the security of all SoS databases, the latter because the Gov-elect had them open to outsiders on a yearly basis, are more important than disenfranchising some voters.

armanidog
armanidog

Should the state legislature obey the Open Records Act? “State lawmakers have long passed laws that don’t apply to them, but a new case before the Georgia Court of Appeals raises questions about one of their most controversial outs: an exemption from following the Open Records Act transparency statute that most other government officials have to obey. A three-judge appeals court panel heard arguments Wednesday in a lawsuit that began when state officials denied records to a nonprofit libertarian public interest law group called the Institute for Justice. The institute was looking into the General Assembly’s 2012 decision to regulate… Read more »

Ellynn
Ellynn

This list has someone on it for everyone to like and dislike…

https://www.bloomberg.com/features/2018-bloomberg-50/#jose-andres

Ellynn
Ellynn
Ellynn
Ellynn

If you don’t follow Tom, you should. And his latest book is worth reading too.

https://twitter.com/radiofreetom/status/1070716754731679749?s=11

Andrew C. Pope
Andrew C. Pope

Lol. Paul Ryan let this ghoul caucus with him and lets him sit on the Judiciary committee…

https://twitter.com/justinbaragona/status/1070700253693792257

Ellynn
Ellynn
Dave Bearse
Dave Bearse

No need to worry about the $56B October trade deficit. “[T]rade wars are good, and easy to win.”

Nor is there need to worry about 2018’s $780B increase in the national debt, the highest since 2012 when the country was exiting the great recession.

Trump said the $19 trillion national debt could be eliminated by 2024. Having invented the phrase “prime the pump”, proves his economic bona fides.

Ellynn
Ellynn

This is really bad downthemiddle impersonation.

(yes I know you’re being snaky)

xdog
xdog

How’d y’all like the latest in the trade wars, where the US leaned on Canada to arrest the CFO of a Chinese IT company because we’re convinced they trade with Iranians and build back-doors in their components? The arrest comes just a week after the administration assured us that we had new trade understandings with China. Add in that the CFO happens to be a sister of the company’s founder and that the administration’s goal seems to be that foreign companies follow domestic policy, and we have markets in continued uproar and the always wary and nationalistic Chinese incensed. All… Read more »

Dave Bearse
Dave Bearse

Continuing with the snark, Trump did such a great job lining up EU, North American and US Asian allies behind action against Chinese theft of intellectual property and unfair trade and domestic market practices, that all are no doubt on board.

I commented here months ago that it was time to reallocate a good chunk out of equities. Wish I’d followed my own advice. but inertia is strong and there was almost nowhere to go.

Now three year bond yields are inverted. Consider this a prediction of recession in or prior to 2020.

Ellynn
Ellynn

Left a Bloomberg link a few space back with the comments

“How to make trade wars harder to win…”

xdog
xdog

U.S. nabbing Huawei is the dog that caught the car.

” regulations need the support of allies. And that will require Trump to spend more time being friendly to the U.S.’s friends and less time being friendly to its enemies. It would also require the U.S. to recognize that not every problem can be solved with a sledgehammer.”

Dave Bearse
Dave Bearse

Trump said the GOP’s tax legislation would repatriate $4 trillion in overseas profits to the US. It’s only been one-half trillion so far. Trump’s “very, very large brain” and the best and brightest couldn’t comprehend that foreigners imposing taxes on money leaving their countries would cause companies like Johnson & Johnson, Ebay and Cigna to leave their money where it is.

https://www.msn.com/en-us/money/markets/trumps-tax-promise-of-trillions-back-to-us-fails-to-materialize/ar-BBQAR8O?ocid=spartanntp