News and Issues
If You're Looking For A Link To the Mueller Report, Look No Further
Editor's Note:
We're not downloading the entire Mueller report, but here is the Justice Department URL to read the report at:
Report On the Investigation Into Russian Interference In The 2016 Election, Vol I and II; Special Counsel Robert S. Mueller, III
https://www.justice.gov/storage/report.pdf?_ga=2.80421777.744576135.1555603755-461170982.1555603755
Mueller received the following military awards and decorations:
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Extreme Diversity in the Songs of Spitsbergen's Bowhead Whales
Almost all mammals communicate using sound, but few species produce complex songs. Two baleen whales sing complex songs that change annually, though only the humpback whale has received much research attention. This study focuses on the other baleen whale singer, the bowhead whale. Members of the Spitsbergen bowhead whale population produced 184 different song types over a 3-year period, based on duty-cycled recordings from a site in Fram Strait in the northeast Atlantic. Nor is it known if individual bowhead whales maintain the same song throughout their lifetime or if they switch within and/or between years. more »
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 »
March for Our Lives Was a Rally in the District of Columbia, A Response to the Mass Shootings That Catalyzed Support for Gun Regulation
Jo Freeman writes: March 24 had a milder flavor than most protests, in part because the teenagers who organized it had parental approval and lots of adult support. Even the cops were cool; police would prefer to be the only ones to carry guns. The DC National Guard blocked the streets and cops directed traffic elsewhere. If the issue of gun violence had not been so grave, it would have felt like a celebration rather than a protest. Staff from the Democratic National Committee and volunteers from the League of Women Voters asked participants to sign statements that they would register to vote. The DNC passed out stickers to young people with the year they would reach voting age. 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 »