Grey Metal Case of Hundred Dollar Bills

Dow plummets, recession incoming.

NPR: Dow Tumbles 800 Points As Bond Markets Signal Recession

An even bigger worry: The yield on the benchmark 10-year Treasury note fell below 2-year Treasuries for the first time since 2007. In other words, you would get a higher interest rate for government debt that matures in two years than in 10 years.

Such an inversion in yields has a strong track record of predicting a recession, especially the longer it continues. Each of the last seven recessions, dating back to 1969, were preceded by the 10-year falling below the 2-year.

This is not good, y’all.

Climate Change

Climate change in New Jersey

Washington Post: Extreme climate change has arrived in America

That’s because a century of climbing temperatures has changed the character of the Garden State. The massive ice industry and skate sailing association are but black-and-white photographs at the local museum. And even the hardy souls who still try to take part in ice fishing contests here have had to cancel 11 of the past dozen competitions for fear of straying onto perilously thin ice and tumbling into the frigid water.

Donald Trump, by Gage Skidmore

The cruelty is the point.

NBC News: Trump administration to make it harder for low-income immigrants to stay

The Trump administration introduced a new rule Monday making it harder for low-income, legal immigrants who receive food stamps or other forms of taxpayer-funded assistance to stay in the country legally.

The rule would require immigrants applying for a change in immigration status (like a green card) or those seeking to come here to prove that they are unlikely to ever need public assistance, and can bar immigrants who had received assistance above a certain threshold from being approved.

Betcha half a dollar Trump wouldn’t be doing this if most of our legal immigrants were white.

(Featured photo credit: Donald Trump, by Gage Skidmore.)

Donald Trump, by Gage Skidmore

Trump Impeachment Inquiry

Talking Points Memo: Nadler Says It Out Loud: ‘This Is Formal Impeachment Proceedings’

House Judiciary Committee Chairman Jerry Nadler (D-NY) admitted in public Thursday evening that his panel is conducting “formal impeachment proceedings” against President Trump.

Washington Post, the Fix: The impeachment inquiry Trump feared is already here

House Democrats have begun impeachment proceedings against President Trump. A key Democrat admitted as much Thursday.

Hold on to your asses. There’s a Trumpertantrum incoming. Nadler’s been quietly poking away at this with various investigations and whatnot for awhile. But now that he’s said the words out loud? We’re in for a rough weekend, Twitter-wise.

(Image credit: Donald Trump, by Gage Skidmore.)

Donald Trump, by Gage Skidmore

Trump Administration dodged going after domestic terrorists for a year.

CNN: Exclusive: White House rebuffed attempts by DHS to make combating domestic terrorism a higher priority

White House officials rebuffed efforts by their colleagues at the Department of Homeland Security for more than a year to make combating domestic terror threats, such as those from white supremacists, a greater priority as specifically spelled out in the National Counterterrorism Strategy, current and former senior administration officials as well as other sources close to the Trump administration tell CNN.

Donald Trump is racist, white supremacist, and pro-domestic terrorist attacks. Just a general FYI in case you’ve been living under a rock for the last three years.

(Image credit: Donald Trump, by Gage Skidmore.)