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President Donald Trump signs an executive order, left, while Venezuela's President Nicolas Maduro, right, attends a signing ceremony. (Photos: Reuters/Miraflores Palace/Handout)

President Donald Trump signs an executive order, left, while Venezuela’s President Nicolas Maduro, right, attends a signing ceremony. (Photos: Reuters/Miraflores Palace/Handout)

President Donald Trump signed an executive order imposing additional sanctions on Venezuela, targeting the financial activities of President Nicolás Maduro.

“The Maduro dictatorship continues to deprive the Venezuelan people of food and medicine, imprison the democratically-elected opposition, and violently suppress freedom of speech,” White House Press Secretary Sarah Sanders said in a statement. “We will not stand by as Venezuela crumbles.”

The new executive order prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company. It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela.

“Maduro may no longer take advantage of the wholesale looting of the Venezuelan economy at the expense of its people,” U.S. Treasury Secretary Steven Mnuchin said.

In July, the Trump Administration also imposed sanctions against President Maduro, himself, for holding “sham” elections to consolidate his party’s power. As a result, the socialist leader’s assets subject to U.S. jurisdiction were frozen, and U.S. persons are now prohibited from dealing with him.

The Maduro government held elections for a National Constituent Assembly (ANC) that aims to usurp the constitutional role of the democratically elected National Assembly. It would effectively rewrite the constitution, and impose an authoritarian regime on the people of Venezuela. neuter the constitution.

The socialist dictator was “elected” President of Venezuela on April 14, 2013, after the death of another leftwing dictator–Hugo Chavez. He previously held roles in the Venezuelan government under President Chavez, including as Executive Vice President and Minister of Foreign Affairs.

President Donald Trump signed an executive order

Christopher Steele, the former MI6 agent who set-up Orbis Business Intelligence and compiled a dossier on Donald Trump, in London where he has spoken to the media for the first time on Tuesday March 7, 2017. (Photo: AP)

Christopher Steele, the former MI6 agent who set-up Orbis Business Intelligence and compiled a dossier on Donald Trump, in London where he has spoken to the media for the first time on Tuesday March 7, 2017. (Photo: AP)

Christopher Steele, the former British spy behind the discredited dossier on President Donald Trump, has been ordered to give a deposition in a libel case. His London-based company, Orbis Business Intelligence, put together the Kremlin-sourced opposition research while working for Fusion GPS, a shadowy company founded by two former Wall Street Journal reporters, including Glenn Simpson.

The multi-million-dollar lawsuit was brought against Buzzfeed, the media outlet that published the 35-page debunked document when no other media outlet would.

Steele, who used to be a MI-6 British Intelligence Officer, is fighting the decision by U.S. District Court Judge Ursula Ungaro in the Southern District of Florida. A lawyer directly involved in the case said the issue will likely be argued before the British courts where a similar libel case is being heard.

The document was originally opposition research for unknown political rivals, widely believed to be Jeb Bush. Mr. Steele almost exclusively used sources linked to the Kremlin and Russian President Vladimir Putin, which Democrats widely circulated knowing it contained discredited information.

As The Washington Times reported, he has identified his sources in the dossier as “a senior Russian Foreign Ministry figure,” a former “top level Russian intelligence officer active inside the Kremlin,” a “senior Kremlin official” and a “senior Russian government official.”

None of the claims have been corroborated, most have been debunked completely and most media outlets refused to report on it. CNN did cite the report when Buzzfeed published it before quickly backing away and unlinking the article from online content.

In July, Bill Browder, the CEO and co-founder of Hermitage Capital, testified before the Senate Judiciary Committee that he suspects Fusion GPS gives “incentives” to journalists who push stories for their “smear campaigns.”

The hearing also covered Natalia Veselnitskaya, the very same woman and Russian attorney who sought a meeting at Trump Tower with Donald Trump Jr., his brother-in-law Jared Kushner and then-presidential campaign manager Paul Manafort. As People’s Pundit Daily (PPD) has reported, Ms. Veselnitskaya has deep ties to Fusion GPS.

Mr. Browder also said “without a doubt” she acted on behalf of the Russian government to create “chaos” in the American political system.

In January, Buzzfeed published the entire dossier, which also included allegations involving Russian technology guru Aleksej Gubarev and his companies, XBT Holdings and Webzilla. It claimed XBT and Webzilla used “botnets and porn traffic to transmit viruses, plant bugs, steal data and conduct ‘altering operations’ against the Democtratic Party leadership.”

But former National Security Agency (NSA) experts conducted an analysis of the so-called hack, which concluded it wasn’t a hack, at all.

“I’ve looked at the work and it shows there was no Russian hack,” Edward Loomis of VIPS told The Nation.

Chuck Grassley, R-Iowa, the Chairman of the Senate Judiciary Committee, hauled Mr. Simpson up to Capitol Hill after catching him in a lie about his availability. Joshua Levy, Mr. Simpson’s lawyer, had claimed he was unavailable and travelling overseas when the subpoena was issued on July 21.

However, Fox News found him at an Aspen security conference.

Sen. Grassley is investigating why former FBI Director James Comey considered the dossier so important that he insisted it be included in January’s final Intelligence Community Report on Russian meddling in the election. He also reportedly offered Mr. Steele $50,000 to corroborate the dossier, though the bureau vehemently denies they ever paid it.

The debunked dossier was used as evidence when the FBI obtained a FISA (Foreign Intelligence Surveillance Act) warrant to monitor Carter Page, a low-level adviser to the Trump campaign.

Christopher Steele, the former British spy behind

A 787 Dreamliner being built for Air India is pictured at South Carolina Boeing final assembly building in North Charleston, South Carolina. (Photo: Reuters)

A 787 Dreamliner being built for Air India is pictured at South Carolina Boeing final assembly building in North Charleston, South Carolina. (Photo: Reuters)

The U.S. Census Bureau said Friday durable goods orders in July decreased $16.7 billion or 6.8% to $229.2 billion, more than the consensus 5.8% forecast. A decline in aircraft orders drove the overall headline in the report, which fell 82% in July juxtaposed to the giant 227% jump in June.

Still, the report is a net positive for gross domestic product (GDP) as it shows a sharp 1.0 increase in shipments of core capital goods.

They were revised 0.2% higher for June to 0.6%.

Overall, shipments of manufactured durable goods in July, which have been up three consecutive months, increased $1.0 billion or 0.4% to $237.4 billion. Transportation equipment, up two of the last three months, fueled the gains, $0.4 billion or 0.5% to $79.2 billion.

Excluding transportation, new orders increased 0.5%. Excluding defense, new orders decreased 7.8%. Transportation equipment, also down three of the last four months, drove the decrease, $17.4 billion or 19.0% to $74.3 billion.

Unfilled orders for manufactured durable goods in July, which have been down two of the last three months, decreased $3.8 billion or 0.3% to $1,131.8 billion. In June, it increased by 1.3%. Transportation equipment, which has also been down two of the last three months, fueled the decline, $4.8 billion or 0.6% to $772.2 billion.

The U.S. Census Bureau said Friday durable

A under contract sign on a home previously for sale in Vienna, Va. (Photo: Reuters)

A under contract sign on a home previously for sale in Vienna, Va. (Photo: Reuters)

The National Association of Realtor (NAR) said Thursday existing home sales in the U.S. declined as the Northeast and Midwest weighed down increases in the South and West.

Total existing-home sales–which are completed transactions that include single-family homes, townhomes, condominiums and co-ops–declined by 1.3% to a seasonally adjusted annual rate of 5.44 million, down from a downwardly revised 5.51 million in June.

“Buyer interest in most of the country has held up strongly this summer and homes are selling fast, but the negative effect of not enough inventory to choose from and its pressure on overall affordability put the brakes on what should’ve been a higher sales pace,” Lawrence Yun, NAR chief economist said. “Contract activity has mostly trended downward since February and ultimately put a large dent on closings last month.”

The sales pace in July was still 2.1% above a year ago, but is the lowest of 2017.

The overall median existing-home price was $258,300, up 6.2% from July 2016 when it was $243,200. July’s price increase marks the 65th straight month of year-over-year gains.

Inventory declined 1.0% to 1.92 million existing homes available for sale and is now 9.0% lower than a year ago when it was at 2.11 million. It has fallen year-over-year for 26 consecutive months. Unsold inventory is at a 4.2-month supply at the current sales pace, which is down from 4.8 months a year ago.

“Home prices are still rising above incomes and way too fast in many markets,” said Mr. Yun. “Realtors continue to say prospective buyers are frustrated by how quickly prices are rising for the minimal selection of homes that fit buyers’ budget and wish list.”

The National Association of Realtor (NAR) said

Jobless claims, an application for first-time unemployment benefits. (Photo: Reuters)

Jobless claims, an application for first-time unemployment benefits. (Photo: Reuters)

The Labor Department said Thursday first-time jobless claims rose less than expected for the week ending August 19, by 2,000 to a seasonally adjusted 234,000. No state was triggered “on” the Extended Benefits program during the week ending August 5.

Last week was unrevised at 232,000.

The four-week moving average was 237,750, a decrease of 2,750 from the previous week’s unrevised average of 240,500.

Continuing claims also remained very positive, unchanged at 1.954 million in lagging data for the week ending August 12. Worth noting, that same week was the sample period for the August employment report.

This four-week average for continuing claims was down slightly to 1.958 million for the lowest reading since early July. The unemployment rate for insured workers is only 1.4%.

The highest insured unemployment rates in the week ending August 5 were in Puerto Rico (3.8), New Jersey (2.7), Connecticut (2.4), Pennsylvania (2.2), Alaska (2.1), California (2.0), Rhode Island (2.0), Massachusetts (1.9), Illinois (1.8), Nevada (1.7), New York (1.7).

The largest increases in initial claims for the week ending August 12 were in Michigan (+672), New York (+311), Minnesota (+262), Tennessee (+154), and Idaho (+122), while the largest decreases were in California (-2,451), Kansas (-2,269), Missouri (-1,318), Kentucky (-1,164), and South Carolina (-987).

The Labor Department said first-time jobless claims

[brid video=”159707″ player=”2077″ title=”Tony Shaffer ‘Jim Clapper Is An Idiot'”]

Lt. Colonel Tony Shaffer said on Fox and Friends “Jim Clapper is an idiot,” who gave him “a vacant look” each time he “briefed him on complex operations.” Mr. Clapper, the former Director of National Intelligence (DNI), questioned President Donald Trump’s fitness to be in office after his rally in Phoenix, Arizona on Tuesday.

“Apparently Jim Clapper now has a PHD in analyzing people remotely,” he said. “Look, I’ll be blunt about it. Jim Clapper is an idiot. I have briefed that man several times on complex operations… and when I did… you could just see this vacant look.”

Lt. Colonel Shaffer is a former Green Beret and spy. As he notes, one of Mr. Clapper’s deputies illegally leaked classified information and it was at his direction. The case has been referred to the Justice Department (DOJ).

“I don’t know how anybody gives Jim Clapper any credibility at this time,” he said.

Mr. Clapper is best-known for lying to Congress when asked by Sen. Ron Wyden whether the U.S. intelligence community collects Americans’ metadata on phone calls and over the Internet without a warrant. Edward Snowden later revealed that he was lying.

Don Lemon, who interviewed Clapper after the President’s speech, did not ask him if and why he misled lawmakers and the nation over Russia’s alleged hacked of the Democratic National Committee (DNC). He admitted in May that he personally “hand-picked” analysts from three agencies–not the 17 previously and incessantly reported–who drafted the so-called intelligence community’s assessment.

In reality, it was Mr. Clapper & Co.’s assessment, not the agencies’ themselves.

The Nation, a leftwing magazine, recently reported on an analysis conducted on the so-called hack, which concluded it wasn’t a hack, at all.

“I’ve looked at the work and it shows there was no Russian hack,” Edward Loomis of VIPS told The Nation.

Hard science now demonstrates it was a leak—a download executed locally with a memory key or a similarly portable data-storage device. In short, it was an inside job by someone with access to the DNC’s system.

Lt. Colonel Tony Shaffer said on Fox

Fake News Reuters Deleted Tweet Phoenix Arizona

Fake News Reuters Deleted Tweet Phoenix Arizona

If this doesn’t turn out to be the fake news weekly winner, it’ll certainly be in the running. If not a blatant display of premeditated fake news, the tweet at least shows the knee-jerk approach Big Media takes to covering President Donald Trump, violent leftwing groups and political violence in general.

Nevertheless, Reuters tweeted an image of “Pro-Trump supporters” clashing with so-called “peace activists” outside the Phoenix Convention Center on Tuesday.

Pro-Trump supporters face off with peace activists during protests outside a Trump rally in Phoenix. REUTERS/Sandy Huffaker

Of course, that’s not even remotely close to an accurate depiction. Police ended up having to use tear gas on the crowd after a significant-sized group used gas canisters, rocks and bottles to assault them and Trump supporters. Their chants were anti-police themed, accusing them of fascists who align with President Trump.

“Officers are addressing criminal behavior near 2nd St & Monroe,” the Phoenix Police Department tweeted. “Please follow directions to move from the area.”

Police use tear gas on violent protestors at the Phoenix Convention Center on Tuesday, August 22, 2017. (Photo: AP)

Police use tear gas on violent protestors at the Phoenix Convention Center on Tuesday, August 22, 2017. (Photo: AP)

Until a few Saturdays ago in Charlottesville, Virginia, political violence was almost exclusively attributable to the Left. There were even numerous instances of so-called rightwing political violence that Big Media never bothered to tell their readers and viewers turned out to be leftwing activists faking hate crimes.

Big Media is doing everything and reporting anything to equivocate that one day with the countless others, which they largely ignored in their reporting.

Here’s video of the “peace activists” being completely peaceful.

Reuters deleted a tweet depicting "Pro-Trump supporters"

Attorney General Jeff Sessions, center, and Deputy Attorney General Rod Rosenstein, to his right, hold a press conference announcing the dismantling of the largest dark website in the world on July 20, 2017. (Photo: AP)

Attorney General Jeff Sessions, center, and Deputy Attorney General Rod Rosenstein, to his right, hold a press conference announcing the dismantling of the largest dark website in the world on July 20, 2017. (Photo: AP)

Whether I like what’s happening (getting rid of Operation Choke Point) or don’t like what’s happening (expanding civil asset forfeiture), it appears that the Justice Department (DOJ) under Attorney General Jeff Sessions is willing to make decisions.

With one very puzzling exception.

No steps have been taken to reverse the Obama-era policy of stonewalling to hide evidence of IRS scandals. Everything seems to be on auto-pilot.

The Wall Street Journal opined about the issue today and is justifiably frustrated.

The Obama Justice Department dismissed the IRS political targeting scandal as no big deal, and the Trump Administration hasn’t been any better. …These are basic questions of political accountability, even if the IRS has stonewalled since 2013. President Obama continued to spin that the targeting was the result of some “boneheaded” IRS line officers in Cincinnati who didn’t understand tax law. Yet Congressional investigations have uncovered clear evidence that the targeting was ordered and directed out of Washington. Former director of Exempt Organizations Lois Lerner was at the center of that Washington effort, but the IRS allowed her to retire with benefits. She invoked the Fifth Amendment before Congress. One of her principal deputies, Holly Paz, has submitted to a deposition in separate litigation, but the judge has sealed her testimony after she claimed she faced threats. The Acting Commissioner of the IRS at the time, Stephen Miller, stepped down in the wake of the scandal, but as far as anyone outside the IRS knows, no other IRS employee has been held to account. Even if the culprits were “rogue employees,” as the IRS claims, the public deserves to know what happened. …The Trump Administration also has a duty to provide some answers. The Justice Department and IRS have continued to resist the lawsuits as doggedly as they did in the Obama era. Attorney General Jeff Sessions can change that… Seven years is too long to wait for answers over abuses of the government’s taxing power.

This is spot on. It’s outrageous that the Obama Administration weaponized and politicized the IRS. But it’s also absurdly incompetent that the Trump Administration isn’t cleaning up the mess.

I understand why the bureaucrats at the Justice Department instinctively (and probably ideologically) want to protect their counterparts at the IRS. But, as the WSJ stated, there’s no reason why Attorney General Sessions isn’t using his authority to change policy.

The President’s failure to fire the ethically tainted IRS Commissioner is a troubling sign that the problem isn’t limited to the Justice Department.

One of Republicans’ least favorite Obama administration officials remains in his position: IRS Commissioner John Koskinen. Some Republicans lawmakers have asked President Trump to ask for Koskinen’s resignation. The commissioner’s term expires in November, but he has said he would step aside sooner if asked by the president. …Koskinen to lead the IRS in 2013, not long after it was revealed that the agency had subjected Tea Party groups’ applications for tax-exempt status to extra scrutiny and delays. …Many Republicans accuse Koskinen of impeding congressional investigations into the political-targeting scandal. They argue that he made false and misleading statements under oath and didn’t comply with a subpoena. During the last months of Obama’s presidency, some House Republicans pushed for a vote on Koskinen’s impeachment… Since Trump has taken office, there have been calls from GOP lawmakers for Koskinen to step down. Days after Trump’s inauguration, Republican Study Committee (RSC) Chairman Mark Walker (R-N.C.) and more than 50 other lawmakers sent a letter urging Trump to fire Koskinen “in the most expedient manner practicable.” …It’s unclear why Trump hasn’t ousted Koskinen or if he plans to do so in the future.

Very disappointing. I’m not a fan of conspiracy theories, but this almost leads me to wonder whether Koskinen has some damaging information on Trump.

Incidentally, the Justice Department may be dragging its feet and the White House may have cold feet, but the Treasury Department is overtly on the wrong side. And the problem starts at the top, resulting in praise for the Treasury Secretary from the pro-IRS forces at the New York Times.

President Trump’s Treasury secretary, Steven Mnuchin, knows that investing in the Internal Revenue Service yields significant returns… And he’s right: Every dollar spent on the agency returns $4 in revenue for the federal government, and as much as $10 when invested in enforcement activities. …At his confirmation hearings in January, Mr. Mnuchin bemoaned the cuts to the I.R.S. budget over the last seven years. The agency “is under-resourced to perform its duties,” he said, adding that further cuts “will indeed hamper our ability to collect revenue.” He also acknowledged that money spent on the I.R.S. is a good investment: “To the extent that we add resources, we can collect more money.” …his faith in the I.R.S. work force prompted one of his congressional interrogators to call it “refreshing” to hear someone “praise the employees at the Treasury Department.”

Yet should we give more money to a bureaucracy that has a big enough budget to finance this kind of reprehensible behavior?

The Internal Revenue Service has seized millions of dollars in cash from individuals and businesses that obtained the money legally, according to a new Treasury Department inspector general’s report. …individuals and businesses are required to report all bank deposits greater than $10,000 to federal authorities. Intentionally splitting up large sums of cash into sub-$10,000 amounts to avoid that reporting requirement is known as “structuring” and is illegal under the federal Bank Secrecy Act. But many business owners engaged in perfectly legal activities may be unaware of the law. Others are covered by insurance policies that don’t cover cash losses greater than $10,000. Still others simply want to avoid extra paperwork, and keep their deposits less than $10,000 on the advice of bank employees or colleagues. …The reporting requirements were enacted to detect serious criminal activity, such as drug dealing and terrorism.

I’m very skeptical that these intrusive anti-money laundering laws are successful by any metric, but I’m nauseated that the main effect is to give IRS bureaucrats carte blanche to steal money from law-abiding people.

The IRS pursued hundreds of cases from 2012 to 2015 on suspicion of structuring, but with no indications of connections to any criminal activity. Simply depositing cash in sums of less than $10,000 was all that it took to arouse agents’ suspicions, leading to the eventual seizure and forfeiture of millions of dollars in cash from people not otherwise suspected of criminal activity. The IG took a random sample of 278 IRS forfeiture actions in cases where structuring was the primary basis for seizure. The report found that in 91 percent of those cases, the individuals and business had obtained their money legally.

But here’s the part that’s most outrageous.

Innocent people weren’t the byproducts of a campaign to get bad guys. They were the targets.

…the report found that the pattern of seizures — targeting businesses that had obtained their money legally — was deliberate. “One of the reasons why legal source cases were pursued was that the Department of Justice had encouraged task forces to engage in ‘quick hits,’ where property was more quickly seized and more quickly resolved through negotiation, rather than pursuing cases with other criminal activity (such as drug trafficking and money laundering), which are more time-consuming,” according to the news release. In most cases, the report found, agents followed a protocol of “seize first, ask questions later.” Agents only questioned individuals and business owners after they had already seized their money.

In any event, the Trump Administration’s failure to deal with the problem seems to have emboldened the tax collection agency.

Despite promises to Congress, the Internal Revenue Service has yet to take advantage of a red-flag alert system designed to prevent it  from rehiring past employees with blots on their records, a watchdog found. …the Treasury Inspector General for Tax Administration found that more than 200 of 2,000-plus former employees “whom the IRS rehired between January 2015 and March 2016 had been previously terminated or separated from the tax agency while under investigation,” according to a report released on Thursday.

And keep in mind that IRS bureaucrats awarded themselves big bonuses in response to the scandal.

By the way, the problem isn’t limited to the executive branch.

Republicans in 2015 (after they had control of both the House and Senate!) decided that the best response to IRS scandals was to increase the agency’s budget. I’m not joking (and I’m also not happy). At the risk of being redundant, only the Stupid Party could be that stupid.

While the Trump Administration reversed many Obama

North Korean leader Kim Jong Un salutes during a visit to the Ministry of the People's Armed Forces on the occasion of the new year, in this undated photo released by North Korea's Korean Central News Agency (KCNA) on January 10, 2016. (Photo: Reuters)

North Korean leader Kim Jong Un salutes during a visit to the Ministry of the People’s Armed Forces on the occasion of the new year, in this undated photo released by North Korea’s Korean Central News Agency (KCNA) on January 10, 2016. (Photo: Reuters)

After backing down on a threat to attack Guam, Kim Jong Un has reportedly ordered more rocket engines and warhead tips for North Korea’s intercontinental ballistic missiles (ICBM) program. Still, while it’s largely seen by the United States as an effort to save face, it is also premeditated provocation.

KCNA, the rogue regime’s state-run news agency claimed in early August the leader in Pyongyang was “carefully examining” a plan to strike the U.S. Pacific territory of Guam with missiles. President Trump responded by repeating it “will be met with fire, fury and frankly power, the likes of which the world has never seen before.”

According to South Korea’s Yonhap News Agency, the dictator ordered them to increase weapons production after visiting the Chemical Material Institute of the Academy of Defense Science.  KCNA also released images of plans to make solid-fuel engines for the ballistic missiles, which were hanging on the wall behind the dictator during his visit.

“He instructed the institute to produce more solid-fuel rocket engines and rocket warhead tips by further expanding engine production process and the production capacity of rocket warhead tips and engine jets by carbon and carbon compound material,” the report stated.

One image appeared to be plans for a Pukguksong-3, the latest in the Pukguksong, or Polaris series. The KN-15 or Pukkuksong-2, is a medium-range ballistic missile (MRBM) believed to be able to travel between 1,200 to 2,000 kilometers. It is classified as “In Development.”

Another, more difficult to make out image appeared to be a Hwasong, or Mars. The Hwasong-14, as PPD previously examined in detail, is an ICBM capable of hitting the U.S. mainland. On July 28, North Korea conducted its second successful test of the Hwasong-14. It outperformed the test on July 4, flying for roughly 45 minutes to a range of about 1,000 km and to an altitude of roughly 3,700 km.

Based on the data, the Hwasong-14 could potentially have a range of more than 10,000 km if rotated to fly on a range-maximizing ballistic trajectory. The rotation of the Earth provides somewhat of a slingshot boost to ICBMs, increasing their range when traveling eastward. When factoring in this rotation, the Hwasong-14’s coverage area would include the West Coast, Chicago, and potentially even New York.

The U.S. responded by successfully pushing new sanctions through the United Nations (U.N.) Security Council, which came in the form of Resolution 2371 and passed unanimously. The U.S.-led resolution contains a ban on the North’s largest export, coal, costing the regime over $401 million in revenues per year.

It also bans iron and iron ore exports, costing the leftwing communist regime roughly $250 million per year. The seafood ban is estimate to cost North Korea roughly $300 million, while the ban on lead and lead ore is worth roughly $110 million.

In total, the new sanctions will cost the regime roughly $1 billion in exports.

As People’s Pundit Daily (PPD) previously reported, the Obama Administration knew North Korea produced a miniaturized nuclear warhead for an ICBM at least as early as 2015, but chose not to disclose it.

The Defense Intelligence Agency (DIA) believed with “moderate confidence” Pyongyang reached this capability as early as 2015, potential even as early as 2013. The assessment, which was was reviewed by former Director of National Intelligence James Clapper, who briefed then-President Barack Obama, indicated miniaturizing nuclear warheads was no longer their primary roadblock to becoming a full-blown nuclear power.

Instead, the development of an ICBM capable of reaching the continental U.S. was the new focus of their nuclear weapons program.

Now, they’ve got one, though footage taken from a rooftop by Japan’s NHK television on the northern island of Hokkaido indicated the Hwasong-14’s re-entry vehicle did not survive the extreme heat and/or pressure from re-entering the Earth’s atmosphere. Re-entry technology is a key part of developing successful ICBM.

The U.S. and South Korea moved forward with scheduled, 11-day drills on Monday despite North Korea vowing “merciless retaliation and unsparing punishment” in response to the “reckless move.”

After backing down on a threat to

A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, outside of Washington, October 20, 2014. (Photo: Reuters)

A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, outside of Washington, October 20, 2014. (Photo: Reuters)

The U.S. Census Bureau said Wednesday that new home sales came in at a seasonally adjusted annual rate of 571,000 for July, missing the consensus forecast of 610,000. The median sales price for new houses sold in July 2017 came in at $313,700, while the average sales price was $371,200.

Regarding inventory, the seasonally-adjusted estimate of new houses for sale at the end of July was 276,000. At this level, it would take roughly 5.8 months to deplete inventories at the current sales rate.

The U.S. Census Bureau said Wednesday new

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