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DJT executive orders include one ending birthright citizenship. “It was really meant for children of slaves." DJT is referring to the 14th Amendment that was passed in 1868 by Congress and ratified by 1868 by the states. It came after the Civil War and Emancipation of slaves and was intended without any doubt for one and only one purpose to make slaves citizens of the United States Look at Section 4 of the 14th Amendment which says the United States will not allow any claim for the loss of any slave. "But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. The only SC decision in US vs Wong Kim that gave citizenship in 1898 to Wong Kim was not intended to go beyond that particular case, it was only meant to make an exception to the Chinese Exclusion Act  of 1882 after which till 1960 (JFK's election) Chinese immigration to the US was stopped, and the same for all Asians. Only immigrant labor allowed in was from Mexico for agriculture till 1960. And in 1954 Operation Wetback wwas conducted by Eisenhower to return about 1 million illegal immigrants to Mexico. DJT says- “It was not meant for everyone to come into our country by airplane, or charging across the borders from all over the world and think they’re going to become citizens.” The millions that came illegally across land border  and the flow of drugs is a new situation that Congress and the Supreme Court are only facing since 2014 a period in which wars in Afghanistan and Iraq took time and resources away from problems at home. ...

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Simon Jenkins of The Guardian says it is time to clear some of the myths around migrants, tariffs, and NATO and in this way action by the current Republican administration can be a positive step. Jenkins says DJT is moving quickly in the first 100 Days because most presidents get only 2 years to make changes before losing the House or the Senate making legislation difficult to pass. If it appears that things are happening on many fronts too quickly that is just the nature of things under a democratic process where checks and balances mean all three parts of government- executive powers of the president are balanced by powers of Congress and of the Supreme Court. Jenkins points out that action on migrants with the unease about millions of migrants coming in illegally, putting tariff barriers to bring manufacturing back and rebuilding America's forgotten middle class, cutting the bureaucracy and misuse of funds, sending education back to the states, and rethinking NATO bringing Russia back into the community of nations, will have long term positive effects long after the chaotic nature that they appear in the news cycle and the media presentation has passed. He cites China being invited back into the community of nations under Nixon. And today disarmament possible only by working with Russia, when China is moving in the direction of increasing nuclear missiles with trouble spots in Taiwan. He does not mention the sending back of about 1 million people back to Mexico under President Eisenhower in Operation Wetback in 1954, Harry Truman a senator from Missouri who led the effort to cut waste and fraud in government spending in the Second World War, the ED Hirsch graph showing reading comprehension scores of American K-12 headed one way - straight down since the 1960's showing education is failing in the US and needs parents and states to come up with new solutions.   ...

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Krugman points out that the U.S. Federal Reserve's forecasts in March 2012 show the U.S. will experience low inflation and high unemployment for many years. These forecasts are in sharp contrast to the expectations in the equity markets based on an uptick for a couple of months of unemployment numbers. The Fed's own statements suggest the improvement in hiring may be temporary and a response to the overreaction in hiring in 2009-2010 to the financial crisis, and not a lasting improvement. The Fed pointed out that the long term unemployed are at about 40% of the total unemployed and the share of the population that is working in March 2012 has barely budged from 58% in 2009.

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China risks a steeper fall in the value of the yuan with capital outflows following its policy of gradually weakening the yuan in 2015-2016.

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Silicon Valley Bank's investments in Treasury's did not appear to be risky yet these investments were in long term Treasury's that lost value when interest rates were increased by the US Federal Reserve. The market value of its assets declined leading to startups and other tech companies affected by the downturn to withdraw assets all at one time from the bank. The withdrawals amounted to about $42 billion last week leading to its collapse from running out of cash to pay depositors withdrawing their money. Unlike the bad loan problems of banks in 2008, a whole combination of such factors led to its collapse. With the collapse the FDIC will issue receivership certificates for the $155.1 billion in deposits  that were large and did not qualify for FDIC insurance.

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India's External Affairs Minister Jaishankar visits Sri Lanka. He says-  "We felt strongly that Sri Lanka's neighbors must take proactive steps to facilitate its recovery. India decided not to wait for others but to do what we believe is right. We extended financing reassurances to IMF to clear the way for Sri Lanka to move forward."  He emphasized the enormous renewable energy potential of the island nation which India supports. The larger region provides new possibilities for Sri Lanka to get the benefits of scale for energy development. He pointed out that India is " prepared to go the extra mile when Sri Lanka feels the need." India and Sri Lanka share a long history from the period of the first conversion by Mahinda from India of the island to Buddhism.

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Mr Yousaf Humza, the newly elected head of the SNP party is from the progressive wing of the party, continuing the work of former first minister Nicola Sturgeon.He was elected by 50 votes to 48 for Forbes who represents the socially conservative pro-business part of the SNP. The attention is now focused on how he can help people in Scotland with the cost of living crisis and public services, as Scottish independence has dipped in popularity. Labour, Liberals and Conservatives had two thirds of the Socttish parliament till 2011. In the last election Labour had just one MP. Labour can now structure its appeal to Scottish voters around the cost of living crisis as parts of the SNP feel being in the opposition for a change is in the long term interests of the party. 

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AP News describes Biden's long association with Irish poets W.B. Yeats and Seamus Haney. In an earlier presidential run in 2008 he said- "I believe with every fibre of my being that we have a chance to make hope and history rhyme." In the 2020 campaign this happened and Biden believes today that this is reflected in the hearts and sentiments of the vast majority of the American people. 

Haney's poem uses these words in a translation of the Greek playwright Sophocles. From Haney's The Cure at Troy:

"History says don't hope On this side of the Grave

But then the longed for tidal wave of justice can rise up. And hope and history rhyme." 

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The best exercise routine is a consistent routine, says this health expert in The Guardian. Beware she says of sugary drink highs or coffee in excess to serve as pick ups during the day when energy is low. Instead do some short stretching or exercise routine even if it is only 10 minutes. It does not have to be a long or strenuous exercise, don't let the ads of young people doing strenuous routines fool you, says this expert. What is important is to keep doing it, to stretch and move around even if this is for a short time. Consistent routine is critical.

Carbohydrates, whole grain breads are not to be frowned on, she says, as this provides extra energy, and is healthy when balanced with protein and fat in the diet.

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President Trump returns to the White House after 3 days at Walter Reed Hospital. Mr. Trump will isolate at the White House residence, and not be at the West Wing where many aides work. He wore a mask as he exited Marine One and stood on a White House balcony. He tweeted "Don't be afraid of Covid. Don't let it dominate your life." Mr. Trump has been given Regenoron drug, Remdesvir and other medicine to reduce the virus load and improve recovery by some of the best doctors at Walter Reed Hospital. A fitter president who has lost some of that extra weight could be one learning point from the encounter with covid. The next week will be critical to ensure the recovery is stable and long term.

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Black and white pictures of the legendary Indian hockey player Dhyan Chand who took India to gold medals in hockey in 1928, 1932 and 1936 Olympic games. Each time with stick skills and persistence in the field. Like Vinoo Mankad in Indian cricket Dhyan Chand goes back to a period long forgotten. Mankad belonged to the period just after independence 1946 -1959, Dhyan Chand goes back to the period under the British Empire. His birthday August 29 is now India's National Sports Day. The Khel or Games Ratna Award is now named after him. National Stadium in New Delhi is now Dhyan Chand Stadium. The name evoked much pride during the 1920's and 1930's when India was still struggling for independence and striving to become a new nation.

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The Klamath river flows for 250 miles from the Cascade mountains in Oregon through California to the Pacific ocean. The Washington Post gives this look at this part of the Pacific Northwest where dams built during the period 1900-1960 for electrification which interrupted the natural flow of the river are now being removed. This is a part of restoring the ecology of this region and reducing the long term effects of climate change. More than 2000 dams have been removed since 1912, with half of these removals coming in the last 10 years. Over the years dams like these on the Klamath are no longer useful as cheaper sources of electricity exist and do not serve for flood control. For many this is a way to restore the balance to the ecology of the region.

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The need to rest recharge after long days, weeks and months at work, is now being recognized as a necessity if knowledge workers are going to contribute to companies. At the other end is burnout that hurts both workers and companies. This report in NYT shows how company managers and heads of companies are pushing workers to take time off, go on vacation on a mandatory basis. A big part of the problem in the pandemic is that the work is out of the office and the lines of work and office are blurred. Disconnecting the way it should be done is not managed well these days, there is need for what in Germany is called "feierabend," disconnecting as a ritual to be followed at all times while working from home or office.

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The pandemic is bringing new hope to smaller towns and rural areas in Europe. For decades the migration from smaller towns to cities led to depopulation and decline. With the pandemic the situation is changing and offers new hope. In rural parts of Galicia, Spain, small towns are seeing some revival with enough children now in schools to keep them running. People from cities are moving to smaller towns and rural areas during the pandemic. The housing transactions in smaller towns and rural areas are up by 15% in Spain in 2020. 

In the small town municipalities in Galicia, Spain, town officials are trying to build a new sense of attachment for younger families, in a long term strategy. This WSJ report looks at this trend in Spain and in Europe.

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Republicans are divided in Texas in 2023 which could turn it over to Democrats. One forgets that Texas is the state that a Democrat LBJ Lyndon Baines Johnson was from and his base of support, first vice president under John Kennedy and then elected president. LBJ signed legislation for amending Social Security to create Medicare and Medicaid. He also passed Civil Rights Act of 1964 banning segregation and in 1965 enfranchised black voters. The WSJ in this editorial sees the divisions between Republicans in the House and the Senate over the impeachment of Attorney General Paxton as signs that Texas has one party dominance for too long. It says this could turn the state to a Democrat majority in 2024 as it was under LBJ in 1960, who helped create programs revered by all Americans.

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It is well known that rail has a smaller carbon footprint than automobile travel. The why is Amtrak suffering neglect for so long in the US when it is well funded in Europe, Japan, China and India? It is because of deliberate neglect by many administrations and by the US Congress through lack of funding for new trains, new technological investment, and investing in its infrastructure. President Biden is changing all this with investment of about $66 billion. He used the Acela fast train service for decades from Washington DC to Wilmington. WSJ shows how a new Amtrak is emerging with many new routes, new stations,  and none of the delays that freight railroads imposed on Amtrak for decades. Amtrak is now fighting the freight railroads in court and has the support of the Biden administration.

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The rise of Japan was a major challenge for president Reagan in the 1980's in the way president Trump is confronting the rise of China. The Reagan administration obtained the concessions it needed from Japan. The negotiator for the U.S. side during the Reagan years - Robert Lighthizer. Lighthizer is using his experience in winning concessions from Japan in his role as top trade negotiator with China.  As the WSJ points out Japan ceased to be a threat to the U.S. faster than anyone thought possible. 

But there is one problem even if this happens the warning is that the imbalances with Japan simply transferred over time to China. The warning is for America's tendency to spend money it does not have, and for how long.

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Prime Minister Narendra Modi gives his radio broadcast Mann Ki Baat -Conversation from My Mind- for June 2024, returning from the months long general election. The arrival of the monsoon rains gives Modi an opportunity to showcase umbrellas made by small industry in Kerala, on the southeast coastline of India. To showcase Indian products is a regular aspect of the radio show. Here Modi shows that snow peas from Pulwama, Kashmir are now going to London, England. Araku coffee gives employment to 150,000 tribal people in Andhra Pradesh. It is becoming known in Europe. Modi extols the images of hundreds of thousands of people doing yoga near the Nile river and on the Red Sea coastline in Egypt, and Yoga day sessions in Kashmir and in Saudi Arabia. International Yoga Day was an opportunity to do yoga in Srinagar, Kashmir.

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The Air Force Secretary during the Biden administration Frank Kendall thinks using a donated Qatari jet as Ai Force One is a bad idea.

“It is basically going to take that airplane as is with the modest modifications achievable in a few months. He is getting something far less than Air Force One and the country is only going to get it for two years’ time. He can do it, but it is a bad idea for a lot of reasons.”

Others think it can never be made fully secure.

Boeing has taken too long to build a new Air Force One to replace current one built in 1990. The new contract given to Boeing during the last Trump administration is years behind schedule leaving the president frustrated.

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The bulk of this or 7.5 billion euros goes to increase monthly pay by 183 euros for nurses and healthcare workers in France, long overdue.

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Raghuram Rajan interviewed by BW's Peter Coy. Rajan was prescient in questioning the Greenspan Fed's policies and the risks posed by the excessive leveraging in the financial system at the 2005 Jackson Hole conference. After the excessive monetary easing by the Bernanke Federal Reserve, Rajan questions the wisdom of keeping interest rates too low for too long. He joins John Taylor, George W. Bush presidential advisor, and Allan Meltzer of Carnegie-Mellon in making this point. Rajan was the chief economist at the IMF from 2003 to 2006. He is the author of a 2010 book, Fault Lines: How Hidden Fractures still Threaten the World Economy. The fault lines he describes are rising inequality in the US and the dependence of the US on loans from China.

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Robert Lighthizer, U.S. Trade Representative, makes a passionate plea for the dignity of work in America, the founding principle for the society of opportunity that America has been and the reason it was settled by immigrants from Europe over 200 years. He points out that trade policy is not about geopolitics or about efficiency as others perceive, it is about what kind of society we want to live in. Is it about a society of opportunity? This is the foundation on which this American continent was settled by settlers from Britain and Europe, and the basis of the growth over two hundred years till the last four decades. From 2000 and China's entry into the World Trade Organization under president Clinton to 2016 the U.S. manufacturing base has shrunk with the loss of five million jobs, two million jobs lost to China in the period 1999-2011 alone. And 350,000 automobile manufacturing jobs to Mexico since 1994, one third of all U.S. automobile jobs. Without the initiative and hard work of Mr. Lighthizer both American workers and Mexican workers would be stuck in low paying jobs. The USMCA he negotiated changed all that by giving Mexican workers fair wages and American workers and manufacturing the opportunity for revival.  This view was also expressed by Intel founder Andy Grove, a founder of one of the first pioneer companies in Silicon Valley. Grove asked the question after seeing the outsourcing of production out of America and the condition of the American worker- he said for him it was about what kind of society he wanted to live in. It was all about the dignity of the American worker long ignored by economists who live in a world of theory and the elite that has lived for so long apart from the places where the fabric of American workers and working life was torn apart. It was a question that touched Andy Grove's heart just as it does for Robert Lighthizer and others who are fighting to make America a society of opportunity for the American worker and opportunity for the American people, for dignity in America. It also charts a new course for the French worker, the British worker, the Indian worker, as other countries learn from the American experience. We have covered Grove and Lighthizer from the early days of their leadership and wise reminders to the people of what America is and stands for. Lighthizer points out one huge error that makes the thinking of these economists and elite that have not listened for so long, more than a bit crazy, reckless and callous. He says there about half of 250 million adults who lack a college diploma in America. Historically manufacturing has provided stable well paying employment. Even if with investment in education they were taught to write software code, there aren't enough jobs for them. The combined total of jobs at Apple Google, Facebook and Netflix is 300,000 jobs. Never has so much been at stake for so many and defended by so few. ...

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Refreshing view of children playing in Spain- in a park in Seville, children skating outside the Ventas building in Madrid, a girl playing at a fountain outside the Guggenheim museum in Bilbao. For a long time children were not allowed outside. Deaths drop below 300 in Spain. Growth of infected cases decreases from 38% on March 14, 2020 to 3% in recent weeks and 0.8% April 25 at about 1700 cases. Spain was the worst hit country with 23,000 deaths along with Italy and France.

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Atlanta Mayor Keisha Lance Bottoms gets words of praise for her short 4 minute but effective speech finding just the right words to protesters on the night of May 29. By 9.30 pm the protests became violent.  She is a first term Democrat mayor and had so much at stake in keeping the city of Martin Luther King peaceful that night. She went up to police headquarters and setup a press conference. Everything had to be done right. So she just said it the way she read the situation, her gut sense combined with self discipline and the long view- and said it directly addressing the issues head on- alway keeping the goal in mind of restoring peaceful protest in the spirit of the black leader in Atlanta of a generation ago alive for future generations.  Her directness and poise showed- "You're not going to outconcern me and outcare about where we are in America. I wear this each and every day. I pray over my children each and every day." Washington D.C Mayor, Muriel Bowser, also a first term Democratic mayor, showed poise and directness, a sense of calm amid the storm, as she talked to reporters at a press conference. Her situation being critical as this was in the nation's capital city, only blocks away from the White House. She had a plaza in the city painted yellow and named for black people facing daily struggles in their lives to live their aspirations in society, on June 4. A quiet yet lasting statement. ...

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Prodigous investments in AI data centers is crowding out investment in essential infrastructure that would cut the cost of living in the US. Such as investment in pharmaceuticals in the US, investment in automobiles and rare earth processing, in housing and schools would reduce cost of living by bringing down prices and provide huge human returns for every dollar spent in addition to larger profits over a long period. Shown here is the AI data center for Microsoft in Atlanta. Microsoft has invested $34 billion the first fiscal quarter of 2025 alone, with similar investments by Amazon, Tesla, Google, and others for $400 billion capital allocation in 2026. Investments are also being crowded out in the replacing of the aging infrastructure of the US  of roads, rail, subways systems, transport systems, bridges, airports and ports. Some of these investments such as in ports and logistics are needed to make America a manufacturing and exporting nation. Economists loved to talk about crowding out of investment by the private sector when the government spending was significantly higher as during and after World War II. Today there is little talk about the massive misallocation of capital in the US economy. Where public infrastructure is ravaged by time and mismanagement as in New York political trends are calling for free public transport  and supported grocery stores in NYC, when the root cause the overall picture of the Nation's spending in rebuilding America is ignored or unaddressed, which would get to the root cause of the cost of living and quality of life issues that concern all the people of this Nation. ...