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Memorial Day Graphic Concept Flag Background
Memorial Day Graphic Concept Flag Background. (Photo: AdobeStock)

Americans continue to view Memorial Day as one of the nation’s most important holidays, and the unofficial start of summer. Memorial Day honors those who have died while serving in the U.S. military.

Do you consider Memorial Day to be one of our nation’s most important holidays, least important holidays, or somewhere in between?

Rasmussen Reports, which has tracked the importance of the holiday since 2006, found 48% of American adults view Memorial Day, as one of the nation’s most important holidays. Only five percent (5%) view it as one of the least important, while 44% rate it somewhere in between and 3% are unsure.

By party, 58% of Republicans view Memorial Day as among the nation’s most important holidays, as do 47% of unaffiliated voters and 40% of Democrats.

Men (49%) and women (47%) largely agree, while whites (43%) are slightly less likely than blacks (57%) and other races (53%) to agree. A majority of white voters, at 51%, rate it somewhere in between.

Voters between 18 to 39 (34%) are least likely to rate it as one of the most important, while those over 65 (48%) are most likely.

Only views of ThanksgivingChristmas and the Fourth of July rank higher than Memorial Day in the minds of Americans.

Have any of your close friends or relatives ever given their life while serving in the U.S. military?

Thirty-eight percent (38%) of American adults have a close friend or relative who gave their life while serving in the U.S. military. A majority, 57%, do not.

Do you consider Memorial Day the unofficial start of summer?

Sixty-two percent (62%) view Memorial Day as the unofficial start of summer, which hasn’t changed much since surveying started in 2006. Another 25% do not view it as the unofficial start of summer, while 12% are unsure.

The survey of 1,000 American Adults was conducted on May 22-23, 2019 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence.

Americans continue to view Memorial Day as

Voight, Actor and Father to Angelina Jole, Urges Americans to “Stand Up for Our President”

Actor Jon Voight Trump urged Americans to “stand up for our President” and “stand up for this truth: Trump is the greatest President since Abraham Lincoln.

“Our country is stronger, safer and with more jobs because our President has made his every move correct,” Mr. Voight said in a Memorial Day video posted to social media. “Don’t be fooled by the political left because we are the people of this nation that is witnessing triumph.”

“So let us stand with our President. Let us stand up for this truth: Trump is the greatest President since Abraham Lincoln.”

Actor Jon Voight Trump urged Americans to

Revisions for Durable Goods Orders in March Show Gains Softer than Initially Reported

Manufacture of rails for trains and freight wagon, boxcars. Rail manufacturing plant. Stack of steel round bar - iron metal rail lines material for industry construction in warehouse. (Photo: AdobeStock)
Manufacture of rails for trains and freight wagon, boxcars. Rail manufacturing plant. Stack of steel round bar – iron metal rail lines material for industry construction in warehouse. (Photo: AdobeStock)

New durable goods orders in the U.S. decreased $5.4 billion or 2.1% to $248.4 billion, slightly less than the consensus forecast in April.

PriorPrior RevisedConsensus ForecastForecast RangeActual
New Durable Good Orders – M/M ∆2.7%1.7%-2.2%-10.0% — -0.8%-2.1%
Ex-transportation – M/M ∆0.4%-0.5%-0.1%-0.7% — 0.3%0.0%
Core capital goods – M/M ∆1.3%0.3%0.1%-1.0% — 0.8%-0.9%

New orders, which are down two of the last three months, increased by 1.7% in March. Excluding transportation, new orders were essentially unchanged. Excluding defense, new orders fell 2.5%.

“Basically, orders for non-defense capital goods, excluding aircraft, decreased 0.9% in April, while the previously reported increase for March was revised to +0.3% from +1.3%,” Tim Anderson, analyst at TJM Investments, said at the New York Stock Exchange (NYSE).

“Clearly, business spending slowed in April after a smaller increase in March than was initially reported.”

Transportation equipment, which are also down two of the last three months, drove the decline, falling $5.4 billion or 5.9% to $85.4 billion.

Revisions

Revised seasonally adjusted March figures for all manufacturing industries, based on updated seasonal adjustment models, were: new orders, $503.5 billion (revised from $506.2 billion); shipments, $507.1 billion (revised from $508.5 billion); unfilled orders, $1,179.8 billion (revised from $1,181.1 billion) and total inventories, $691.3 billion (revised from $690.7 billion).

New durable goods orders in the U.S.

18-Count Superseding Indictment Raises First Amendment Issues

WikiLeaks founder Julian Assange imposed over a graphic concept for the Department of Justice (DOJ) and the Federal Bureau of Investigations (FBI). (Photo: AdobeStock/PPD)
WikiLeaks founder Julian Assange imposed over a graphic concept for the Department of Justice (DOJ) and the Federal Bureau of Investigations (FBI). (Photo: AdobeStock/PPD)

WikiLeaks founder Julian Assange has been indicted on 17 new counts of violating the Espionage Act, the U.S. Justice Department announced late Thursday. The superseding indictment returned by a federal grand jury in the Eastern District of Virginia raises significant issues surrounding the First Amendment.

“Julian Assange is no journalist,” Assistant Attorney General for National Security John C. Demers said. “This made plain by the totality of his conduct as alleged in the indictment—i.e., his conspiring with and assisting a security clearance holder to acquire classified information, and his publishing the names of human sources.”

“Indeed, no responsible actor—journalist or otherwise—would purposely publish the names of individuals he or she knew to be confidential human sources in war zones, exposing them to the gravest of dangers.”

The superseding indictment — viewable below — alleges Mr. Assange was complicit in unlawfully obtaining and disclosing classified documents with Chelsea Manning, a former intelligence analyst in the U.S. Army. The former analyst was imprisoned for seven years for the disclosures, and was again recently arrested after refusing to testify against WikiLeaks before a federal grand jury.

Specifically, the superseding indictment alleges that Assange conspired with Manning; obtained from Manning and aided and abetted her in obtaining classified information with reason to believe that the information was to be used to the injury of the United States or the advantage of a foreign nation; received and attempted to receive classified information having reason to believe that such materials would be obtained, taken, made, and disposed of by a person contrary to law; and aided and abetted Manning in communicating classified documents to Assange.

U.S. Department of Justice

The approximately 90,000 Afghanistan war-related significant activity reports, 400,000 Iraq war-related significant activities reports, 800 Guantanamo Bay detainee assessment briefs, and 250,000 U.S. Department of State cables allegedly contained human sources including local Afghans and Iraqis, journalists, religious leaders, human rights advocates, and political dissidents from repressive regimes.

WikiLeaks founder Julian Assange physically removed from the Ecuadorian Embassy. (Photo: Screenshot)
WikiLeaks founder Julian Assange physically removed from the Ecuadorian Embassy. (Photo: Screenshot)

Mr. Assange, 47, had been effectively imprisoned in the Ecuadorian Embassy in London for more than 6 years in an effort to avoid extradition. In April, he was expelled from the embassy and arrested in the United Kingdom (UK) pursuant to the U.S.-UK Extradition Treaty.

The Justice Department announced shortly after he was indicted on conspiracy to commit computer intrusion for agreeing to break a password to a classified U.S. government computer.

As stated, the indictment raises significant issues surrounding the First Amendment.

“For the first time in the history of our country, the government has brought criminal charges against a publisher for the publication of truthful information,” Ben Wizner, director of the American Civil Liberties Union’s Speech, Privacy, and Technology Project said in a statement.

“This is an extraordinary escalation of the Trump administration’s attacks on journalism, and a direct assault on the First Amendment.”

Among the material Mr. Assange published was a video the anti-secrecy group described as “depicting the indiscriminate slaying of over a dozen people in the Iraqi suburb of New Baghdad — including two Reuters news staff.”

The secret video footage shows a U.S. air crew laughing at the dead after launching an air strike that killed a dozen people, including two Iraqis working for Reuters news agency. The U.S. falsely claimed they had encountered a firefight in Baghdad.

“It establishes a dangerous precedent that can be used to target all news organizations that hold the government accountable by publishing its secrets,” Mr. Wizner added. “And it is equally dangerous for U.S. journalists who uncover the secrets of other nations.”

“If the U.S. can prosecute a foreign publisher for violating our secrecy laws, there’s nothing preventing China, or Russia, from doing the same.”

WikiLeaks founder Julian Assange has been indicted

Prior Two Months Revised Higher By 39,000

An exchange showing one hand giving cash to the another for new house and keys, a vector illustration for new home sales. (Photo: AdobeStock)
An exchange showing one hand giving cash to the another for new house and keys, a vector illustration for new home sales. (Photo: AdobeStock)

New home sales came in at a seasonally adjusted annual rate of 673,000 in April, slightly missing the consensus forecast. That’s 6.9% (±14.0%) below the revised annual rate of 723,000 in March, it is 7.0% (±12.4%) higher than the April 2018 estimate of 629,000.

Further, upward revisions for the prior two months totaled a significantly higher 39,000 combined.

PriorPrior RevisedConsensus ForecastForecast RangeActual
New Home Sales – – SAAR692 K723 K680 K640 K to 696 K673 K

The median sales price of new houses sold in April 2019 was $342,200. The average sales price was $393,700. The seasonally‐adjusted estimate of new houses for sale at the end of April was 332,000. This represents a supply of 5.9 months at the current sales rate.

Prior Two Months Revised Higher By 39,000 An

U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock)
U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock)

The Labor Department said initial jobless claims fell by 1,000 to a seasonally adjusted 211,000 for the week ending May 18, beating the consensus forecast. The 4-week moving average declined by 4,750 from the unrevised prior week to 220,250.

The forecasters expected claims to rise by 3,000 to 215,000.

PriorConsensus ForecastForecast RangeActual
Initial Jobless Claims – Level212 K215 K210 K to 218 K211 K
4-Week Average – Level225.0 K220.25 K

No state was triggered “on” the Extended Benefits program during the week ending May 4.

In lagging data, advance seasonally adjusted insured unemployment rate remained unchanged at a very low 1.2% for the week ending May 11.

The advance unadjusted number for persons claiming UI benefits in state programs decreased by 1,898, or or -0.1% to a total 1,537,165. A year earlier the rate was 1.1% and the volume was 1,604,119.

The highest insured unemployment rates in the week ending May 4 were in Alaska (2.4), New Jersey (2.0), California (1.9), Connecticut (1.8), Puerto Rico (1.6), Illinois (1.5), Massachusetts (1.5), Pennsylvania (1.5), Rhode Island (1.5), and Washington (1.4).

The largest increases in initial claims for the week ending May 11 were in California (+1,226), Michigan (+379), Oregon (+295), Tennessee (+267), and Mississippi (+257), while the largest decreases were in New York (-15,394), Pennsylvania (-1,040), Illinois (-484), Kansas (-479), and Iowa (-469).

The Labor Department said initial jobless claims

Average Expenditure Per Student Rose 3.8% to $12,214 in FY 2017

A group of American public school teenage students with an American flag in front of school bus. (Photo: AdobeStock)
A group of American public school teenage students with an American flag in front of school bus. (Photo: AdobeStock)

In fiscal year (FY) 2017, the U.S. spent a total of $694.3 billion on public school systems, up 4.4% from FY 2016 and the largest annual increase since 2008.

The five states with the highest percentage increases in total expenditure from FY 2016 to FY 2017 are the District of Columbia (13.7%), Nevada (9.5%), Texas (7.6%), Idaho (7.6%) and Tennessee (6.9%).

The top ten largest school districts by spending per pupil are led by New York City, N.Y., at $25,199, with 984,462 students enrolled. The average per pupil expenditure in the U.S. is up to $12,214 per student, a gain of 3.8% from FY 2016.

As the U.S. Census Bureau noted, the increase in public school spending occurred at a time of historic economic growth. The U.S. Bureau of Economic Analysis (BEA) said the gross domestic product (GDP) reached an all-time high in 2017.

However, governments are still spending more than they are taking in under the new administration’s stronger economic recovery.

Total expenditure increased by 4.4%, while total revenue increased by 3.4% compared to 2016. Public schools spent more on teachers in FY 2017. Instructional salaries, which is the largest single expenditure category, came in at $229.2 billion in FY 2017 and represented a third (33.0%) of total expenditures.

Spending on instructional activities made up 60.6% ($370.5 billion), while support services made up 34.3% ($209.4 billion).

In fiscal year (FY) 2017, the U.S.

On Liberty Never Sleeps, Tom covers a variety of issues today, from bad business modeling to the current move toward impeachment on Donald Trump.

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All bumper music and sound clips are not owned by the show, are commentary, and of educational purposes, or de minimus effect, and not for monetary gain.

No copyright is claimed in any use of such materials and to the extent that material may appear to be infringed, I assert that such alleged infringement is permissible under fair use principles in U.S. copyright laws. If you believe material has been used in an unauthorized manner, please contact the poster.

On Liberty Never Sleeps, Tom covers a

April Marks 86th Straight Month for Year-Over-Year Gains in Median Existing-Home Price

Real estate market with price tags above home properties to illustrate house prices in 3D abstract. (Photo: AdobeStock)
Real estate market with price tags above home properties to illustrate house prices in 3D abstract. (Photo: AdobeStock)

The National Association of Realtors (NAR) said existing home sales declined slightly by 0.4% in April, missing the forecast for a sharp rise. Two of the 4 major U.S. regions posted a slight decline, while the West saw growth and the Midwest was essentially unchanged.

PriorConsensus ForecastForecast RangeActual
Existing Home Sales – SAAR5.21 M5.35 M5.25 M – 5.40 M5.19 M
Existing Home Sales -M/M ∆-4.9%0.4%
Existing Home Sales -Y/Y ∆-5.4%-4.9%

Total existing-home sales — completed transactions including single-family homes, townhomes, condominiums and co-ops — eased back 0.4% from March to a seasonally adjusted annual rate of 5.19 million in April. Total sales are down 4.4% from a year ago (5.43 million in April 2018).

The consensus forecast was looking for a gain to 5.35 million.

“First, we are seeing historically low mortgage rates combined with a pent-up demand to buy, so buyers will look to take advantage of these conditions,” Lawrence Yun, NAR’s chief economist, said. “Also, job creation is improving, causing wage growth to align with home price growth, which helps affordability and will help spur more home sales.”

The median existing-home price was $267,300 in April, up 3.6% from April 2018 ($257,900). April’s price increase marks the 86th straight month of year-over-year gains.

Total housing inventory at the end of April increased to 1.83 million, up from 1.67 million existing homes available for sale in March and a 1.7% increase from 1.80 million a year ago. Unsold inventory came in at a 4.2-month supply at the current sales pace, up from 3.8 months in March and up from 4.0 months in April 2018.

Mr. Yun said that sellers have to realize that price growth has moderated.

“We see that the inventory totals have steadily improved, and will provide more choices for those looking to buy a home,” Mr. Yun added. “When placing their home on the market, home sellers need to be very realistic and aware of the current conditions.”

The National Association of Realtors (NAR) said

Amash Represents Michigan’s Third Congressional District, for Now

State Rep. Jim Lower, R-Greenville, left, and Rep. Justin Amash, R-Mich, right. (Photos: Lower Campaign/House Portraits)
State Rep. Jim Lower, R-Greenville, left, and Rep. Justin Amash, R-Mich, right. (Photos: Lower Campaign/House Portraits)

Rep. Justin Amash, R-Mich., the self-proclaimed libertarian-leaning Republican who called for the impeachment of President Donald Trump, has had a rough 48 hours.

The House Freedom Caucus voted Monday evening to condemn Rep. Amash. Earlier in the day, a pro-Trump and media-savvy state representative announced he would primary challenge the incumbent.

“We had a good discussion and every single member, I think now based on who was there and our board meeting was probably over 30 members, every single member disagrees and strongly with the position Justin took over the week, and we’re focused on the now,” Rep. Jim Jordan, Chairman of the House Freedom Caucus said.

“I mean, look, we’re focused on the fact that what the FBI did was wrong. We think that [Attorney General William] Barr’s handled himself exactly the way the American people want the Attorney General to handle themselves, and he’s going to get to bottom of all this.”

Rep. Amash, 39, tweeted that the “Mueller’s report reveals that President Trump engaged in specific actions and a pattern of behavior that meet the threshold for impeachment,” and criticized his fellow members.

House Freedom Caucus members pushed back hard, with Rep. Andy Biggs, R-Ariz., saying he was “amazed” and “floored” by the remarks.

“Everybody I know who is talking about this publicly and in private to me about this, we have all read the report,” Rep. Biggs told “America’s Newsroom” on Fox News. “We have compared notes. We’ve tried to interpret what we think are strong and weak points.”

“I was floored by his conclusions. I disagree with him wholeheartedly.”

Rep. Warren Davidson, R-Oh., said members “consider him a friend” but Rep. Amash has not bothered to attend most Freedom Caucus meetings this year, nor has he held a meeting of the Liberty Caucus, a conservative caucus he founded and chairs.

Meanwhile, State Rep. Jim Lower, R-Greenville, announced on Monday he will primary challenge Rep. Amash in 2020, calling the congressman “out of touch” with the Trump-supporting district in West Michigan.

In 2016, President Trump became the first Republican to carry the Wolverine State since 1988. He carried Michigan’s Third Congressional District 52% to 42% over Hillary Clinton, expanding the 53% to 46% margin Mitt Romney enjoyed over Barack Obama in 2012.

Rules require Michigan GOP Chairwoman Laura Cox and two Republican National Committee (RNC) members to sign a waiver allowing the party and committee to spend money against an incumbent in a contested primary.

Dennis Lennox, a Republican strategist in Michigan, told Detroit News if national groups get on board with the primary challenge and sign the waver, “then Amash is done.”

“The RNC can’t spend a penny against Amash without a waiver,” Mr. Lennox said. “If I were Amash, I would pull a Macomb County move and recruit one or two challengers to split the vote against him.”

Rep. Amash responded to the primary challenge, telling reporters on the fly he’s not worried, though he looked rather perturbed.

“It’s not serious,” the congressman said. “I feel very confidence in my district.”

Rep. Justin Amash, R-Mich., the self-proclaimed libertarian

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