News & Analysis, Jan. 20, 2020

ICYMI

Here’s Bernie Sanders in 1988 on C-SPAN clearly stating, “A Woman could be elected President.” I never for even a moment doubted that, that was, and remains, his position.


Don’t they?

Morales said on Jan. 13 that Bolivians had the right to organize and defend themselves, without firearms, from what he said were attacks by Bolivia’s interim government ….

U.S. official accuses ex-leader Morales of fostering violence in Bolivia

“… defend themselves, without firearms, from what he said were attacks by Bolivia’s interim government ….” Please note the propagandistic additional words “what he said were” rather than the truth, which leaves out that propaganda spinning. “… defend themselves, without firearms, from attacks by Bolivia’s interim government ….” That’s how it should have read. The “protesters” against Morales and the “interim government” definitely attacked all sorts of people who supported Morales. Many of the attacks were severe. The reverse was not the case.

Whether Morales was right or wrong in seeking another term (I say he was wrong, and he has openly admitted he thinks he probably made a mistake), there was never any justification for violence on the part of those against Morales serving another term.

In addition, there was zero election fraud conducted by Morales’ side. You’ll notice that Reuters (which hates the common people everywhere and is always for the elitists because that’s who owns Reuters) doesn’t give the other side (Morales’) of the story any more than it feels it has to or be caught out for what Reuters really is: a propaganda tool and not a pure-news service.


The trouble with the next article is that it fails to note that many Trump voters would switch and vote for Sanders but would not do that for any other Democratic candidate in the top tier in the polls. The entire impeachment effort does more damage to Sanders than to any other top-tier Democratic candidate. Maybe even Bernie doesn’t realize it.

How Trump Is Spreading a Conspiracy Theory About Pelosi, Biden and Sanders


Scientists at Heriot Watt University in Scotland have developed the world’s first building brick that’s made from 90% recycled construction and demolition waste.

The K-Briq uses less than one-tenth of the energy in its manufacture, creates one-tenth of CO2 emissions of a traditional fired brick, and can be made in any color.

The K-Briq is stronger and lighter than traditional kiln-fired bricks. It is produced from concrete, brick, and plasterboard waste, and it’s compressed without firing.

Scotland scientists invent groundbreaking low-emissions, recycled building brick


A report by a research unit of the German Bundestag, just released in Berlin, has defied the narrative of the European Union, NATO and the US, with the conclusion that since the Ukraine civil war began in early 2014, there has been no reliable evidence of Russian troop invasion or intervention by regular Russian military forces in the Donbass region of eastern Ukraine.

GERMAN PARLIAMENT OFFICE REPORTS NO RUSSIAN INVASION OF DONBASS, REJECTS MEDIA AND GOVERNMENT PROPAGANDA


Good summation:

Capital is being thrown at the real estate market that may lead to critical excess. However, housing has been and still is in short supply, particularly in the moderate-income and workforce housing segments. Government reaction will be a critical factor in the coming years. Home ownership affordability will play a part in maintaining the demand for rentals as Millennials form new households. The National Multifamily Housing Council and the National Apartment Association estimate that 325,000 new units will be needed annually to keep up with demand. Reducing development and operational cost will be vital, otherwise consumers will be forced to adapt in such a way as to reduce demand.

Emerging Trends in Real Estate 2020: What Does it Mean for Investors?


By the WA State Office of the Insurance Commissioner:

… now that 21 states — including Washington — have asked the U.S. Supreme Court for an expedited hearing on the case, President Trump wants to slow things down. Why? He faces re-election. The last thing he wants is widespread exposure of his lie about protecting people with pre-existing conditions.

Truth about Trump: He wants to abolish your most vital healthcare protection


10 Tips for Buying Your First Rental Property


… debt ratios in US corporations have risen to unprecedented levels, far exceeding the levels that preceded the financial crisis. But this is hardly surprising, given that interest rates have never been so low for so long. While a leverage bubble will probably be a risk sometime in the future, there is no reason why it should burst, or even deflate, until interest rates significantly rise. This is why corporate leverage seems only a modest threat in 2020.

What Could Spoil 2020?


I’m afraid that most people who need this sort of article wouldn’t read it. Ha!

The Efficient Kitchen: A How-To Guide


Returning to the “Gold Standard” would be one of the dumbest moves we could make. We went off the Gold Standard because being on it hampered growth because there wasn’t enough of it (gold). In addition, gold mining has been an environmental disaster.

The Fed kept interest rates at historic lows throughout Barack Obama’s presidency but went on a spree of rate hikes after Trump took office. It raised rates eight times since Trump came into office, with the last hike triggering a stock market nosedive in December 2018. The central bank has held steady since then, and Trump continues to demand rate cuts.

The Fed reduced its benchmark short-term interest rate three times in 2019 to a range of 1.5 to 1.75 percent.

Trump … and Shelton all believe that the United States would be better off if its monetary system was returned to the gold standard, a system where the value of the dollar would be backed by gold held by the government. Prior to his election, Trump praised the gold standard but said it would be difficult to return to.

Under the current system, the dollar is fiat money that has no intrinsic value and exists largely as data on the networks of private banks and the privately owned Federal Reserve.

Trump Formally Announces Intent to Nominate Judy Shelton, Christopher Waller to Federal Reserve


Trump’s corporate-tax cuts were an obvious scam.

Proponents predicted lowering rates would give lenders more cash to fuel the economy, helping companies invest in expansion, hire workers and raise pay.

Here are the trends at the top six banks since then:

• Growth in their outstanding loans slowed to 1% last year, down from 3% in 2018, which was unchanged from 2017.
• They collectively shrank their workforce by about 1,200 people by the end of 2019 from two years earlier. To be sure, hiring and firing was mixed among the six lenders, and some raised base pay or enacted special bonuses. Some also updated investors this week on investments in technology to automate jobs.
• Shareholders were big beneficiaries. After banks cleared the Federal Reserve’s mid-year stress tests, the group announced plans to boost stockholder payouts by $21.5 billion, an increase of 14%.

The tax savings have spurred the banks to record profit.

Trump Tax Cut Hands $32 Billion Windfall to America’s Top Banks


… builders continue to grapple with a shortage of lots and labor ….

Housing Starts Soared in December


For years, multifamily housing has attracted the attention of investors looking for high-value, low-risk properties. The multifamily sector continues to lead as the most in-favor asset class for high-net-worth investors, according to recent data from National Real Estate Investor (NREI). A growing number of Americans are renting, due to workforce, demographic and lifestyle shifts, and those trends seem likely to continue in coming years. With occupancy rates high and vacancy rates low, now is a good time to pursue multifamily properties.

Get Started In Multifamily Real Estate Investment In 2020


It’s fundamental.

The IMF concluded that in 2017 alone, the world spent $5.2tn subsidising fossil fuels. This has to stop.

The world of finance has a responsibility to the planet, the people and all other species living on it. In fact, it ought to be in every company and stakeholder’s interest to make sure the planet they live on will thrive. But history has not shown the corporate world’s willingness to hold themselves accountable. So it falls on us, the children, to do that. We call upon the world’s leaders to stop investing in the fossil fuel economy that is at the very heart of this planetary crisis. Instead, they should invest their money in existing sustainable technologies, research and in restoring nature. Short-term profit should not trump long-term stability of life.

At Davos we will tell world leaders to abandon the fossil fuel economy