Live Blog: Bring on the Impeachment
Trump meets with Twitter.
So, Rep. Ilhan Omar (D-Minn.) has apparently broken some glass ceilings by becoming the first Somali-American Muslim woman congresswoman. But Robert Spencer noted another "glass ceiling" she seems to have broken...
Good grief, the Gen Participation Trophy is in trouble. The Economist:
MORE THAN half of American millennials, the generation of people born between 1981 and 1996, believe that they will one day be millionaires; one in five think they will get there by the age of 40. These are the findings from a survey conducted in 2018 by TD Ameritrade, a financial-services company.
It admirable to have goals, but in this case, it looks like they're not particularly realistic:
But a working paper by the Brookings Institution, a think-tank, offers a sobering antidote to this youthful optimism. It finds that millennials are less wealthy than people of a similar age were in any year from 1989 to 2007. The economic crisis of 2008-09 hit millennials particularly hard. Median household wealth in 2016 for 20- to 35-year-olds was about 25% lower than it was for the similar-aged cohort in 2007.
Part of the problem is, of course, that the millennial generation is weighed down by massive student loan debt. There's plenty of blame to go around, not the least of which is the higher education bubble that has made a college education unaffordable for all but the very wealthy (who ultimately have to cheat to get in, as it turns out). There's more to it, of course. Millennials are increasingly moving to cultural and tech hubs where housing is virtually unaffordable (there's that word again) for all but the very wealthy. They also require "necessities" that previous generation did not -- smartphones, a whole host of subscription services, dog walkers, and nannies, to name a few.
In many/most cases, the keys to wealth and financial success are the same as they've always been:
- Stay out of debt
- Have a marketable skill
- Live somewhere affordable
- Live within your means
- Put away money for the future
Unfortunately for Gen PT, those values were not inculcated into them the way they were for previous generations. These kids were taught to "live your dream," "be true to yourself," and that they deserve nothing but the best.
UPDATE: In The Morning Briefing, I wrote about how former WH official and current DOD employee Carl Kline was subpoenaed by the House Oversight Committee. The committee is part of an orchestrated harassment campaign against the president. Kline has refused to appear and so today, the committee has moved to hold him in contempt of Congress.
Rep. Elijah E. Cummings (D-Md.), chairman of the House Oversight Committee, said he would consult with the House counsel and members of the panel about scheduling a vote on contempt for former White House personnel security director Carl Kline. At the instruction of the White House, Kline failed to show up for scheduled testimony on security clearances.
The move marks a dramatic escalation of tensions between Congress and the Trump White House, which is increasingly resisting requests for information from Capitol Hill.
“The White House and Mr. Kline now stand in open defiance of a duly authorized congressional subpoena with no assertion of any privilege of any kind by President Trump,” Cummings said in a statement. “Based on these actions, it appears that the president believes that the Constitution does not apply to his White House, that he may order officials at will to violate their legal obligations, and that he may obstruct attempts by Congress to conduct oversight.”
Yeah, blah, blah, blah. Tell it to Eric Holder.
Trump's citizenship question likely to be upheld by SCOTUS.
Yes, the census should have a question whether or not the person is a U.S. citizen.
Over to you, Florida Man.
Bureaucracy fails the people again:
Maybe there's some life left in the Anglosphere after all.
The Bulwark is "Taking Reparations Seriously" -- and they want to be taken seriously? Come on.
The piece, by Richard North Patterson, relies heavily on leftist Ta-Nehisi Coates and -- believe it or not -- the late Charles Krauthammer, who at one time floated the idea of reparations. Only The Bulwark article leaves out the part about Krauthammer suggesting that reparations be paid as part of a Grand Compromise that would end affirmative action programs -- and it was more than a little tongue-in-cheek. Krauthammer wrote in 2001:
Reparations should become the cornerstone of a Grand Compromise. The endless partial payment of affirmative action -- with all its destructiveness -- is ended. Yet the debt of the past is neither denied nor ignored. In one grand gesture, an acknowledgment is made not of collective guilt but of collective responsibility. Reparations are paid. We then end the affirmative action experiment that has been disastrous both for African Americans and for America as a whole. And we return to the original vision of Martin Luther King Jr. and the civil rights movement: colorblindness.
Trotting out Krauthammer in this way is completely dishonest and misrepresents the man's intentions with his Grand Compromise idea. A one-time reparations payment, Krauthammer said, would be "less expensive than the corrosive, corrupt and corrupting alternative of affirmative action," but he doubted that "anyone on either side of this debate is prepared to accept this deal." That's hardly a ringing endorsement for what 2020 Dems like Cory Booker are proposing.