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The Democrats' $100 Trillion Agenda

Remember when Democrats complained that $5.7 billion for a border wall was too expensive? Well, that's chump change compared to what many of the congressional Democrats and nearly all of those 15 declared Democrats in the presidential race are now rallying behind.

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Trump, despite solid U.S. growth, says Fed should fire up crisis-era stimulus

FILE PHOTO: U.S. President Trump declares a national emergency at the southern border during remarks at the White House in Washington
FILE PHOTO: U.S. President Donald Trump pauses during his declaration of a national emergency at the U.S.-Mexico border during remarks about border security in the Rose Garden of the White House in Washington, U.S., February 15, 2019. REUTERS/Carlos Barria/File Photo

April 14, 2019

By Howard Schneider

WASHINGTON (Reuters) – President Donald Trump said on Sunday that actions by the U.S. Federal Reserve have nicked U.S. economic growth and stock market gains by perhaps 30 percent, and that it should begin pumping money into the economy as it did during the 2007-2009 recession.

Trump’s latest broadside against the central bank, delivered by Twitter and without citing any evidence, came as European Central Bank head Mario Draghi and other international officials worried that a Fed politicized by potential Trump nominees would rattle a dollar-based global system.

“If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4 percent instead of 3 percent…with almost no inflation,” Trump said.

“Quantitative tightening was a killer, should have done the exact opposite,” he said, referring to the Fed’s monthly withdrawal last year of up to $50 billion of the bonds it acquired during the worst economic downturn since the 1930s Great Depression.

Trump’s suggestion the Fed return to quantitative easing would put the central bank in the position of adding monetary stimulus and expanding its presence in debt markets in an economy growing solidly and with historically low unemployment.

No one at the Fed, including three Trump appointees on the board of governors and Trump’s handpicked chairman, Jerome Powell, has suggested the U.S. needs the sort of central bank help launched when the economy was in freefall a decade ago, according to minutes of recent Fed meetings.

The Fed has already decided to halt the drawdown of its security holdings as of September after concluding that the size of its asset holdings, likely around $3.5 trillion by that point, would be adequate given the demand by commercial banks to hold central bank reserves, the public demand for cash, and the other uses to which its assets are put.

The Fed raised interest rates four times in 2018, but also has put that process on hold, leaving the target policy rate at a range of between 2.25 and 2.5 percent, still below historical averages.

Trump was angered last fall when a variety of economic risks, which analysts say included slowing growth abroad, Trump’s own trade policies, and communications missteps by Powell, contributed to a more than 20 percent drop in the Dow Jones Industrial Average from October through December.

That loss has been almost completely erased as the Fed shifted gears, and the Dow is now just about 1.5 percent below the record it set on Oct. 3.

Trump remains peeved with Powell, and indicated he wants to name two political allies, economics commentator Stephen Moore and businessman Herman Cain, to fill two open seats on the Fed’s board of governors.

(Reporting by Howard Schneider; Editing by Lisa Shumaker)

Source: OANN

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Global warming bringing you down? Washington state offers course on ‘eco-anxiety,’ ‘climate grief’

SEATTLE -- With every flood, devastating wildfire and even a deep freeze, climate change seems to get the blame. News headlines sound alarms with fears about survival, destruction of the planet and the end of humans.

It’s all apparently too much for some to cope with, which is the reasoning behind a first of its kind class at the University of Washington Bothell. It’s titled, “Environmental Anxiety and Climate Grief: Building Resilience in the Age of Consequences.”

According to the school, Camilo Acosta, a student who enrolled in the class, explained her decision this way, “For the longest time I didn’t let myself feel the pain and anguish that was building up due to the destruction of our earth,” Acosta said.

High profile Democrats are fueling the panic as they push for a Green New Deal. Rep. Alexandria Ocasio-Cortez, D-N.Y., made headlines when she recently said, “The world is going to end in 12 years if we don’t address climate change.” Several Democrats running for president in 2020 also support the Green New Deal, including Beto O’Rourke of Texas, who said on the campaign trail, “The future of the human race literally depends on it.”

The Climate Grief class has students spending one hour each week outside in nature in a quiet place. They’re required to write about what they see and feel. Students also take part in a group project in which they assemble a climate change survival kit. But it’s not to be filled with flashlights and emergency food, but rather books and poems that can help others deal with their emotions tied to the environment.

Cliff Mass, a meteorologist and professor of Atmospheric Sciences at the University of Washington, agrees humans are playing some role in the warming planet, but he also thinks this class on grief and anxiety should flunk out.

“I think the best thing to do now is not play on people’s fears and anxieties, and not reflect on some of the exaggerated headlines that we have in the paper,” Mass said.

UN REPORT: EXTREME WEATHER HIT 62 MILLION PEOPLE IN 2018

That assessment is shared by Benji Backer, a UW student and member of the American Conservation Coalition. Backer also believes humans bear some responsibility.

“The climate is a slow change, a slow but steady change, and saying that people will have to deal with massive problems that they’ll need survival kits for is just not accurate,” Backer said.

The World Meteorological Organization just released its 2018 report to the United Nations. It concluded the planet has warmed 1 degree Celsius since the pre-Industrial Age in the 1850s and 2018 was the fourth warmest year on record. The report documents a loss of sea ice, rising sea levels and says nations are not on track to meet carbon emission standards set in the Paris Climate Accord.

A recent study done at Yale found 29 percent of Americans are “alarmed” about climate change. That’s double the number from an identical survey done in 2013.

'BIRTH STRIKE' FOUNDER ARGUES FUTURE 'TOO FRIGHTENING' FOR HER TO HAVE CHILDREN DUE TO CLIMATE CHANGE

Dennis Hartmann, who was elected to the National Academy of Sciences and is a former Chairman of the University of Washington’s Department of Atmospheric Sciences, said it’s not healthy to be anxious about climate change all the time, but it’s rational to worry about the future.

“Young people have a lot of anxiety, for many reasons, and anything we can do to help them cope with that is good,” Hartmann said.

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The Climate Grief class instructor, Jennifer Atkinson, calls her course a kind of boot camp for students willing to fight for the planet, giving them tools to survive emotionally.  But she does have her detractors, who mocked the class as a 12-step program for a generation of snowflakes.

Source: Fox News National

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Man threw old toilet through window of school board building, authorities say

A 36-year-old man was arrested and charged with criminal damage this week after allegedly throwing an old toilet through a window of a school board building.

The alleged crime happened last Friday at a Board of Education building in East St. Louis, Mo.

LITTLE BOY GETS HEAD STUCK IN TOILET SEAT, NEEDS HELP FROM FIRE DEPARTMENT TO GET OUT

Police say Dave J. Toliver, a Florida resident, was apprehended in connection with the incident, FOX 2 of St. Louis reported. The incident happened at the offices of District 189, the St. Louis Post-Dispatch reported.

His connection to East St. Louis was unclear and police did not disclose a possible motive for the act.

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Toliver ran from the scene, but was found nearby, sitting on another toilet, police said. He was jailed on a $10,000 bond, FOX 2 reported.

Source: Fox News National

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Ecuador judge orders detention for ex-minister connected to Assange

Patino addresses a news conference about Assange in Quito
FILE PHOTO: Ecuador's Foreign Minister Ricardo Patino addresses a news conference about WikiLeaks founder Julian Assange in Quito February 5, 2016. REUTERS/Guillermo Granja

April 19, 2019

QUITO (Reuters) – A judge in Ecuador has ordered former foreign minister Ricardo Patino be held in pre-trial detention on a so-called instigation charge, the attorney general’s office said on Thursday, but the ex-official’s whereabouts are unknown.

The administration of President Lenin Moreno has said that Patino, who served as foreign minister under the previous government of President Rafael Correa, is connected to WikiLeaks.

Moreno stripped WikiLeaks founder Julian Assange of his diplomatic asylum last week. Assange was given refuge in the London embassy in 2012 by Correa, but Moreno has accused WikiLeaks and Assange of violating his privacy by publishing private family photographs.

WikiLeaks has denied those allegations, arguing that Moreno was attempting to deflect attention from corruption allegations against him.

Patino, an economist who called on supporters to carry out “combative resistance” against Moreno in October 2018, fled the country by road on Wednesday, the attorney general’s office said in a statement.

“The attorney general’s office began a criminal process against Ricardo Patino for the alleged crime of instigation,” the office said. “(Patino) had given a speech in which he instigated people to take over public institutions and close roads.”

“The judge accepted the request of the attorney general’s office, ordered pre-trial detention and asked for the release of an Interpol red notice,” the office said.

It was not possible to reach Patino immediately for comment. He has previously denied the allegations.

Patino is also under investigation for having supposed ties to alleged Swedish hacker Ola Bini, who was arrested last week, the attorney general’s office has said.

The government alleges that Patino and Bini have taken similarly timed trips out of the country and that they visited Assange when he was living in the Ecuadorean embassy in London. The interior minister has said Patino is part of a plan to “destabilize” the government.

(Reporting by Alexandra Valencia; Writing by Julia Symmes Cobb; Editing by Leslie Adler)

Source: OANN

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EU demands scrutiny of 5G risks but no bloc-wide Huawei ban

FILE PHOTO: A surveillance camera is seen in front of Huawei logo outside its factory campus in Dongguan, Guangdong province
FILE PHOTO: A surveillance camera is seen in front of the Huawei logo outside its factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

March 26, 2019

By Foo Yun Chee

STRASBOURG (Reuters) – EU nations will be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year, the European Commission said on Tuesday, shunning U.S. calls to ban China’s Huawei Technologies across the bloc.

The aim is to use tools available under existing security rules plus cross-border cooperation, the bloc’s executive body said as it addressed issues surrounding expansion of the next-generation networks that are key to online connectivity between everything from vehicles to household devices.

The European Union move came despite U.S. pressure to boycott Huawei, citing fears of China using the company’s equipment for espionage. Huawei has strongly rejected the allegations and launched a lawsuit against the U.S. government.

The EU provided additional detail on the plans first reported by Reuters on March 22, with European digital chief Andrus Ansip saying that the measures announced on Tuesday aimed to address concerns about foreign governments using companies for espionage.

Last week French President Emmanuel Macron said that Europe was wakening up to potential Chinese dominance in the region.

Ansip said that 5G technology would transform the economy and society, but that this cannot happen without full security built in.

“It is therefore essential that 5G infrastructures in the EU are resilient and fully secure from technical or legal backdoors,” Ansip said in a statement.

EU countries have until the end of June to assess cybersecurity risks related to 5G, leading to an bloc-wide assessment by Oct. 1. Using this, EU countries would then have to agree measures to mitigate risks by the end of the year.

Such measures could include certification requirements and tests of products or suppliers regarded as potential security risks. The bloc will decide by Oct. 1, 2020, whether to take further action.

The EU has already passed a new law to give permanent status to the EU Cybersecurity Agency and to guide on cybersecurity certification.

The Commission said it will be up to individual EU countries to decide if they want to exclude companies from their markets on national security grounds.

Big telecoms operators, which view 5G as the next big moneyspinner, oppose a Huawei ban, saying that such a move could set back 5G deployment by years.

Huawei, the world’s biggest producer of telecoms equipment ahead of the likes of Sweden’s Ericsson and Finnish company Nokia, faces intense scrutiny in the West over its relationship with the Chinese government and U.S.-led allegations that its equipment could be used for spying.

Australia and New Zealand have stopped operators using Huawei equipment in their 5G networks.

(Reporting by Foo Yun Chee; Editing by Philip Blenkinsop and David Goodman)

Source: OANN

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People want higher taxes on rich, better welfare: 21-country OECD survey

FILE PHOTO: Protesters wearing yellow vests walk down the Champs Elysees during a demonstration by the
FILE PHOTO: Protesters wearing yellow vests walk down the Champs Elysees during a demonstration by the "yellow vests" movement in Paris, France, March 9, 2019. REUTERS/Philippe Wojazer/File Photo

March 19, 2019

By Leigh Thomas

PARIS (Reuters) – A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for the OECD showed on Tuesday.

In all of the 21 countries surveyed, more than half of those people polled said they were in favor when asked: “Should the government tax the rich more than they currently do in order to support the poor?” The OECD gave no definition of rich.

Higher taxation of the rich has emerged as a political lightning rod in many wealthy countries, with U.S Democrats proposing hikes and “yellow vest” protesters in France demanding the wealthy bear a bigger tax burden.

Support was highest in Portugal and Greece, both emerging from years of economic crisis, at nearly 80 percent compared with an average of 68 percent, the Organisation for Economic Cooperation and Development said.

The Paris-based forum’s survey of 22,000 people about perceived social and economic risks also found deep discontent with governments’ social welfare polices, which many people said were insufficient, the OECD said.

On average, only 20 percent said they could easily receive public benefits if needed while 56 percent thought it would be difficult to get benefits, the survey found.

People were on average particularly concerned about access to good quality, affordable long-term care for the elderly, housing and health services.

Not only did people say they were not getting their fair share given what they paid into the system, people in all countries except Canada, Denmark, Norway and the Netherlands did not think that their governments were heeding their views.

“These feelings spread across most social groups, and are not limited just to those deemed ‘left behind’,” the OECD said in an analysis of the survey’s results.

The feeling of injustice was even higher among the highly educated and high-income households, it added.

In light of the high level of discontent, a majority of people wanted their government to do more in all countries except France and Denmark, whose welfare systems are among the most generous in the world.

Most people said the top priority should be better pensions with 54 percent saying that would make them feel more economically secure.

Healthcare followed in second place at 48 percent while nearly 37 percent were in favor of a guaranteed basic income benefit, which has attracted international interest from policymakers but has yet to be tried at the national level.

(Reporting by Leigh Thomas; Editing by Richard Lough and Janet Lawrence)

Source: OANN

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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