Money and Computing
Jo Freeman: There’s Plenty To Do at the RNC – If You Have the Right Credentials
by Jo Freeman
Every national nominating convention has plenty of auxiliary events, some authorized, some not. Getting space can be a challenge; getting the word out even more so. But they do it nonetheless. Press were given a RNC 2024 Master Event Calendar, which was updated a few days later. Events began on Sunday and ended on Thursday. The actual convention sessions were just one item on the list. The calendar said if an event was Open or Closed to press, and also whom to contact to register. I’m going to describe some of the events, including a couple I went to, and a couple I was turned away from.
Since my focus is on women, I obviously wanted to go to those events – if I could.
The National Federation of Republican Women is the largest grassroots Republican women's organization in the country with hundreds of clubs. Founded in 1938, its members made the phone calls and knocked on the doors that elected Republican candidates for decades. It’s Tuesday luncheon featured Arkansas Governor Sarah Sanders. The Master Calendar said it was SOLD OUT and they wouldn’t let me in. I was able to get into their lounge at the Fiserv Forum Wednesday evening, where I was repeatedly asked if I was a member, and if not, would I join. “I’m press,” I said. “I can’t join anything partisan.” I then said: “What brings you here?” On hearing that, finding anyone willing to chat with me was like pulling teeth.
Moms for Liberty met in a concert hall that afternoon. I had pre-registered, and I got in. From high in a balcony seat I listened to several people talk about the evils of transgenderism. It’s webpage says WE BELIEVE Power Belongs to the People. Sound Familiar? With a focus is on parental rights, it wants to “STOP WOKE indoctrination.”
Tuesday I went to “The New Mavericks” reception co-hosted by the Black Republican Mayors Association and the Georgia Republican Party. They honored Sen. Tim Scott, four Congressmen and two Georgia delegates – all male. There was only one mayor on stage, from Aurora, IL. The chair of the Georgia Republican Party was the one white man on the stage. At that event, women served; they didn’t speak. The RNC reported that 55 delegates to the 2024 convention are Black, up from 18 in 2016.
I missed the Independent Women’s Forum toast to “Women Who Make Our Country Great” because I went to Convention Fest: The Official Delegate Experience, which was held in the streets outside the Fiserve Forum and Baird Hall as well as some space inside Baird. To get to that one you not only needed a credential of some sort, but a USSS pass (which I have).
Concerned Women for America parked its pink bus across from the Baird Center the week before the RNC. No one was home. When Convention Fest opened on Tuesday afternoon, they set up a pink tent, from which its leaders preached to whomever passed by. It calls itself “the nation’s largest public policy women’s organization” but its focus is evangelical Christian. The slogan on the side of its pink bus captures this emphasis: “She Prays, She Votes.” A prayer precedes each sermon.
Federal Reserve Research, Warning: Don’t Infer Regional Inflation Differences from House Price Changes
House price growth has varied significantly nationwide since the end of the Great Recession in 2009: In some metropolitan statistical areas (MSAs), prices have grown as quickly as 7 percent annually, while others have seen prices decline almost as quickly, with many more MSAs falling somewhere in between. Since households spend more on housing than any other good or service, we would expect that inflation rates would show the same variation. They do not. more »
A decade after housing bust, mortgage industry is on shaky ground, experts warn: "There is great fragility. These lenders could disappear from the map”
The ripple effects of a market collapse would be severe, and taxpayers would potentially be on the hook for losses posted by failed mortgage companies. In addition to loans backed by the FHA or VA, the government is exposed through Ginnie Mae, the federal agency that provides payment guarantees when mortgages are pooled and sold as securities to investors. The mortgage companies are supposed to bear the losses if these securitized loans go bad. But if those companies go under, the government “will probably bear the majority of the increased credit and operational losses,” the paper concludes. Ginnie Mae is especially vulnerable because almost 60 percent of the dollar volume of the mortgages it guarantees comes from nonbank lenders. more »
Congressional Floor Action, Bills Introduced: Reauthorizing the Debbie Smith Act Funding for Public Crime Laboratories' Work to Build Capacity & Process DNA Evidence Including Evidence Collected in Rape Kits
Bills Introduced: A resolution recognizing the heritage, culture, and contributions of American Indian, Alaska Native, and Native Hawaiian women in the United States; A bill to reauthorize programs authorized under the Debbie Smith Act of 2004; A bill to direct the Secretary of Homeland Security to develop educational materials relating to human trafficking in schools; A bill to provide rental assistance to low-income tenants of certain multi-family rural housing projects, and for other purposes.
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March 23rd: FTC and FCC Hosting Joint Policy Forum and Consumer Expo to Fight the Scourge of Illegal Robocalls
“Consumers are fed up with illegal robocalls that disturb their privacy and often pitch scams,” said Acting FTC Chairman Ohlhausen. “We’re going to expand our fight against this scourge through initiatives like the upcoming Technology Expo and Policy Forum, which amplify our impact through close coordination with the FCC and other partners.” “Scam robocalls and deceptive spoofing are real threats to American consumers, and they are the number one consumer complaint at the FCC,” said FCC Chairman Pai. “We’re committed to confronting this problem using every tool we have. I’m pleased to announce these efforts in our continued work with the FTC to protect consumers.” more »
