"There is no sworde to bee feared more than the Learned pen"

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Kavanaugh Sided With The Liberal Wing Of The Supreme Court In Declining To Hear Planned Parenthood Cases

In BuzzFeed,Eyeoncitrus.com on kp30 at 311811

Two cases that threatened to block federal funding to Planned Parenthood will not go before the Supreme Court after a majority of justices declined to take them up.

Headshot of Paul McLeod

Paul McLeod

BuzzFeed News Reporter

Map of Washington, DC

Reporting From

Washington, DC

WASHINGTON — Supreme Court Justice Brett Kavanaugh sided with the more liberal faction of the court as it declined to hear legal arguments for defunding Planned Parenthood.

Anti–abortion rights advocates had championed Kavanaugh’s nomination, while abortion rights groups warned Kavanaugh would restrict abortion as a conservative vote. It is the first time a case on abortion has come before the court since Kavanaugh’s confirmation earlier this fall. Support BuzzFeed News read rest of story here……

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The U.S. Treasury yield curve just inverted for the first time in more than a decade.

In EYEONCITRUS.COM on kp40 at 311806



Strap in.

Photographer: Chris Ratcliffe/Bloomberg 

Brian Chappatta is a Bloomberg Opinion columnist covering
debt markets. He previously covered bonds for Bloomberg News. He is also
a CFA charterholder.

The U.S. Treasury yield curve just inverted for the first time in more than a decade.

It’s a moment that the world’s biggest bond market has been thinking about for the past 12 months. I wrote around
this time last year that Wall Street had come down with a case of
flattening fever, with six of the 11 analysts I surveyed saying that the
curve from two to 10 years would invert at least briefly by the end of
2019. That’s not exactly what happened Monday, though that spread did
reach the lowest since 2007. Rather, the difference between three- and
five-year Treasury yields dropped below zero, marking the first portion
of the curve to invert in this cycle.

The First Inversion

After years of flattening, the yield difference between some Treasury notes falls below zero

Source: Bloomberg

The move didn’t come out of nowhere. In fact, I wrote a week ago that the spread between short-term Treasury notes was racing toward inversion, and Bloomberg News’s Katherine Greifeld and Emily Barrett noted the failed break below zero on Friday. Still, I wasn’t necessarily expecting this day to come so soon. Rate strategists have long said that being close doesn’t cut it when talking about an inverted yield curve and the well-known economic implications that come with it, namely that the spread between short- and long-term Treasury yields has dropped below zero ahead of each of the past seven recessions.  Read rest of story here

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John Dingell’s plan for America? Let’s abolish the U.S. Senate

In John Dingell's plan for America? Let's abolish the U.S. Senate on kp06 at 311804

Todd Spangler Detroit Free Press

Published 11:54 AM EST Dec 4, 2018

John Dingell, member of Congress, 15th District, poses for a photo at Hyatt Regency Dearborn Hotel in Dearborn, Michigan, Tuesday, January, 18, 2005.

SYLWIA KAPUSCINSKI, Detroit Free Press

WASHINGTON — Former Rep. John Dingell, who served in Congress longer than anybody ever, has a plan for improving politics immediately: abolish the U.S. Senate.

Writing in a new biography, "The Dean: The Best Seat in the House," Dingell, 92, makes a case for changing the Constitution to get rid of the upper chamber, criticizing the 18th Century idea that the smallest states have the same number of senators as California.

While it may have made sense in the late 1700s that "Rhode Island needed two U.S. senators to protect itself from being bullied by Massachusetts" at a time when there were only 13 states and 4 million Americans, Dingell says, "today in a nation of more than 325 million and 37 additional states, not only is that structure antiquated, it’s downright dangerous." continue reading HERE…

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