Archive for July, 2017

Hillary Clinton is Less Popular Than President Trump, Poll Finds – TIME

Former Secretary of State and 2016 presidential candidate Hillary Clinton speaks during BookExpo 2017 at the Jacob K. Javits Convention Center on June 1, 2017 in New York City. Drew Angerer/Getty Images

Former Democratic presidential nominee Hillary Clinton is less popular than President Trump , according to findings from a new poll .

The Bloomberg poll , released Tuesday, found that just 39% of Americans view Clinton favorably, while 41% view Trump favorably. That two-point difference falls within the survey's margin of error, which was plus or minus 3.1 percentage points.

Former President Obama, by comparison, was viewed favorably by 61% of respondents, according to the poll.

"Theres growing discontent with Hillary Clinton even as she has largely stayed out of the spotlight," pollster J. Ann Selzer, who oversaw the survey, told Bloomberg. "Its not a pox on the Democratic house because numbers for other Democrats are good."

The poll found that Clinton's current favorability rating is the second-lowest it has been since 2009, when Bloomberg began tracking her. In September 2015, her favorability hit a low of 38%.

Trump's approval ratings have continued to reach record lows , compared to other U.S. presidents at this point in their tenures. Even as he faces a variety of challenges in his presidencyincluding the failure of the Republican health care bill and investigations into Russian meddling in the electionTrump has continued to criticize Clinton and her campaign, rehashing old debates and raising questions about Clinton's primary victory over Vermont Sen. Bernie Sanders.

Clinton, who is working on a new book that will address her presidential campaign, has spoken out in several interviews and speeches since losing the election. She also launched a Political Action Committee dedicated to promoting liberal causes and candidates.

The poll of 1,001 adults by phone was conducted between July 8 and 12.

Excerpt from:
Hillary Clinton is Less Popular Than President Trump, Poll Finds - TIME

Would 2017 look the same under President Hillary Clinton? – Washington Post

In recent years, there has been an interesting trend in international relations research: a renewed focus on the role that individual leaders play in foreign policy outcomes. This runs counter to traditional international relations scholarship, whichargues that the system imposes powerful structural constraints on individual leaderbehavior.Over the past decade, however, an increasing number of scholars have focused on the first image, suggesting multiple ways in which individual foreign policy leaders affect their countrys approach to international relations.

Donald Trumps electoral college victory in November has accelerated this research even further. At a minimum, he has sounded different from, say, a garden-variety Republican on a number of fronts. But if Hillary Clinton had won 100,000 more votes in the salient states, would things be all that different? This kind of counterfactual analysis is also a crucial part of political science and foreign policy analysis.

Over the weekend, the New York Posts John Podhoretz argued that neither American politics nor public policy would be all that different if Clinton had won:

The astonishing answer, if you really think it through, is: not all that different when it comes to policy.

Lets face it: With the exception of the Supreme Courtappointment and confirmation of Neil M. Gorsuch, Trump has astoundingly little in the accomplishments column especially for a president whose party controls both houses of Congress.

What would the Republicans have done in the Hillary era so far? They would have sought to stymie her, or challenge her.

We would have been awash in a scandal narrative that would not be quite as breathless or bonkers as the Trump White House helps to generate but would have been disturbing and unpleasant.

Moreover, the questions raised about the unprecedented nature of the Trump presidency would have been raised by the dynastic Clinton White House, featuring a candidate who got elected despite her e-mail scandals and the spouse who was only the second president in history to have been impeached.

Read the whole thing. Podhoretz is not Clintons biggest fan, and yet almost everything in his column rings true. The thing is, whats not in the column matters as well.

He is largely correct about what President Hillary Clinton could have accomplished with a Republican Congress. Surely, Senate Majority Leader Mitch McConnell (R-Ky.) would have made his No. 1 goal similar to what it was in 2010: defeating Clinton in 2020. Indeed, in this scenario, there are ways in which the current moment would be more fraught with tension, as Clinton would have had to work hard to get Congress to pass a clean debt-ceiling increase and fund the government. We might still get that with Trump, but the probability would have been higher with Clinton.

And surely Podhoretz is also correct that Congress would have tried to hamstring Clinton with investigation after investigation. Remember this story from October 2016, in which Rep. Jason Chaffetz (R-Utah) bragged about having two years of investigations prepped for Clinton?

Its a target-rich environment, the Republican said in an interview in Salt Lake Citys suburbs. Even before we get to Day One, weve got two years worth of material already lined up. She has four years of history at the State Department, and it aint good.

Even in this calendar year, Chaffetz seemed primed to go after Clinton.

So yes, there are a lot of ways in which 2017 wouldnt look all that different with Clinton in the White House. Podhoretz, however, omitted the most obvious areas where Clinton and Trump would differ: the areas of politics andpolicy where a president exerts the most unconstrained influence.

Focus on the rhetoric first. I seriously doubt that Clinton would publicly characterizethe mainstream media as the enemy of the American people or tweet insults directed at critical commentators or requestpublic effusions of praise from her cabinet or just generally act ridiculous in the public eye. To be fair, Podhoretz acknowledges this, noting that Hillary is many things, and many not good things, but she is not a sower of chaos or the subject of infighting so constant that no one can even catch a breath before one weird story is displaced by another. Shes far too boring for that. Still, this is not an insignificant difference.

The more important differences are in the policies where the executive ranch wields the greatest authority. I am pretty sure that a Justice Department under Clinton would not have taken a sledgehammer to Obamas legacyon incarceration, voting rights, and private prisons. AClinton administration would not engage in the kind of deregulation that, say, Environmental Protection Agency head Scott Pruittwould. A Clinton administration would not issue a dumb, self-defeating travel ban on seven Muslim-majority countries. A Clinton administration would not solicit bids to build a wall along U.S.-Mexico.

More generally, however, Clinton would be conducting foreign policy rather differently. She would not have withdrawn from either the Paris climate accord or the Trans-Pacific Partnership (I know she opposed the latter during the campaign, but the far more likely option is that she would have sought to negotiate additional side deals akin to how her husband dealt with NAFTA). There would be no underhanded GCC effort to embargo Qatar, because Clinton would never have been so stupid as to have given the Saudis and Emiratis a blank check to do so.

The nation under Clinton would not be contemplating the start of the dumbest trade war in this century. European allies would not be talking about the need to go it alone.Asian allies would not talk about the need to cut the tag with the United States. The likelihood of a competent secretary of state doing his or her job seems much higher than odds of the current one doing anything constructive. There would be no ongoingbeclowning of the executive branch. And no one would be worried about the sudden collapse of American soft power, because it wouldnt be collapsing.

If Clinton were president right now, American foreign policy would not have deviated too much from the prior status quo. She would have made America Boring Again. And given how this year has actually gone, I would take that outcome every day of the week and twice on Sundays.

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Would 2017 look the same under President Hillary Clinton? - Washington Post

Appeals court scraps Rabobank traders’ convictions – MarketWatch

A federal appeals-court panel has overturned the convictions of two former Rabobank traders in the scandal over attempted manipulation of the London interbank offered rate, or Libor, saying the men's Fifth Amendment right against self-incrimination had been violated.

The three-judge panel of the Second Circuit U.S. Court of Appeals in New York dismissed the charges against Anthony Allen and Anthony Conti, both former Rabobank traders who were convicted on conspiracy and wire-fraud charges in November 2015.

In a unanimous 81-page ruling Thursday, Second Circuit Judge Jose Cabranes wrote that the two men's convictions were tainted because a witness against them had been aware of testimony authorities in the U.K. had forced them to provide. Essentially, that testimony was used against them, Judge Cabranes wrote, and it was "not harmless beyond a reasonable doubt."

The ruling is a blow to authorities' attempt to pursue the traders and bankers involved in the scandal over Libor, a key interest rate that international banks charge each other and a global benchmark underpinning the costs of hundreds of trillions of dollars of financial products.

More than a dozen major banks allegedly rigged Libor to benefit themselves and have paid billions of dollars in fines and settlements. At least nine people, including Messrs. Allen and Conti, have been convicted or pleaded guilty to Libor-related charges in the U.S. and the U.K. Rabobank agreed in 2013 to pay more than $1 billion in settlements to U.S., U.K. and Dutch authorities, including a $325 million settlement with the U.S. Justice Department.

Write to Michael Rapoport at Michael.Rapoport@wsj.com

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Appeals court scraps Rabobank traders' convictions - MarketWatch

Trump urged by CEO to nationalize the only US rare-earths mine … – The Boston Globe

NEW YORK The head of an advanced-materials manufacturer said he met with President Trumps chief strategist, Steve Bannon, on Monday to persuade him that the United States should nationalize the countrys only mine of rare earth minerals, which are used in military applications.

The staff understood the urgency of the matter, Michael Silver,chief executive officer of closely held American Elements Corp., said in a phone interview after his White House meeting, which he said was also attended by presidential deputy assistant Sebastian Gorka and White House Chief of Staff Reince Priebus.

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The rare-earth mining operations in Mountain Pass, Calif., the last remaining assets of bankrupt Molycorp Inc., were bought in June by a group that drew objections from rival bidders, who said the winner has ties to the Chinese government.

The mine should be converted to a national laboratory dedicated to rebuilding Americas rare-earth mining industry so the world knows it is safe to build high-tech manufacturing plants in the US, Silver said.

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The production of rare-earth minerals used in applications from hybrid electric cars to iPhones and military hardware such asnight-vision goggles and guided weapons is dominated by low-cost Chinese companies. Molycorp Minerals and its parent, Molycorp Inc., filed for bankruptcy in 2015 after prices for the minerals fell below the mines costs to produce them.

Silver said he was invited to brief the president on the issue on Tuesday. The White House didnt respond to requests for comment.

Silver said hes proposing the US government apply the Takings Clause of the Fifth Amendment and acquire Mountain Pass by eminent domain.

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Any attempt to make the mine commercially viable would fail because no one can compete with China, which accounts for almost all the worlds rare-earth production, Silver said.

The perception is the only place in the world you can go for reasonably priced rare earth materials for your product is in China,he said. You have to change that perception.

Los Angeles-based American Elements manufactures metals and chemicals andhas a catalog of more than 15,000 products, according to its website. Silver said his company did business with Molycorp before its Mountain Pass became idle. Silverwas among the first Americans to set up a production and distribution supply chain from rare earth mines in Inner Mongolia and China to North America and Europe, according to documents on the company website.

The sale of Molycorps last remaining assets to one of two groups of creditors that had feuded over the facility was approved after complaints that the winning bidder, which is majority-owned by JHL Capital Group LLCand QVT Financial LP, had recruited an affiliate of Shenghe Resources Holding Co., which allegedly is tied to the Chinese government.

JHL Capital founder James Litinsky, who has been helping lead the effort to revive the mine, declined to comment.

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Trump urged by CEO to nationalize the only US rare-earths mine ... - The Boston Globe

Robservations: Ebert named to Chicago Literary Hall of Fame – Robert Feder (blog)


Robert Feder (blog)
Robservations: Ebert named to Chicago Literary Hall of Fame
Robert Feder (blog)
At Kelly's 2008 trial on charges of making child pornography (for which he was acquitted), DeRogatis risked imprisonment when he took the Fifth Amendment and refused to testify about his confidential sources. The former Sun-Times critic co-hosts Sound ...

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Robservations: Ebert named to Chicago Literary Hall of Fame - Robert Feder (blog)