Greece economic problem’s leak to the EU, Asian and US markets…

The European Union is playing tough…..

But the media reports of banks being closed in Greece is just causing issues in other places ….

Greeks faced shuttered banks and a closed stock market Monday at the beginning of a fateful week that may determine whether they will be able to hold on to the euro currency.

The blows from the breakdown in talks between Greece and its credits also pummeled financial markets. Asian and European exchanges were down sharply, the euro slumped and Wall Street pointed lower with Greece less than 24 hours before being unable to pay its bills.

Greece’s creditors and its leaders were poised to keep talking about whether there was any way to pull back from the brink of economic collapse amid anger and recriminations on both sides.

Greece’s European partners and international lenders say further cutbacks are needed in order to maintain the financial lifeline that has kept the country afloat for years. Greece’s government — elected on its anti-austerity pledges — has stood firm in opposing politically sensitive measures such as further slashing pensions….

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Apple Computer starts production on new iPhone 6…

Probably a good thing…..The iPhone 6S

Cause they ain’t hitting home run’s with the new watch, their streaming service or their pay service….

Apple is starting production on its next-generation iPhones, reports Bloomberg, and the new models are equipped with Force Touch capabilities. Force Touch, first introduced with the Apple Watch, is a feature that’s able to distinguish between a light tap and a harder press, enabling a range of new gestures.

The two new iPhones will retain the same 4.7 and 5.5-inch display sizes, with an exterior design that’s largely unchanged. KGI Securities analyst Ming-Chi Kuo has suggested the addition of Force Touch could make the iPhone 0.2mm thicker, but it is unclear if that rumor is accurate.

iphone6-stock-photo

Apple Inc. has started early production of new iPhone models with a feature called Force Touch, which senses how hard users are pressing down on a screen, people with knowledge of the matter said….

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Ben Carson Update…A Straw Poll win in Colorado….

Jim Wbb won the Democratic Straw Poll out there, with Hillary second and Sanders third…

Ben Carson won the 2015 Western Conservative Summit straw poll, organizers announced on Sunday.

Colorado Christian University’s Centennial Institute said in a statement that Carson took 224 of the 871 votes cast during the weekend event.

The Centennial Institute said that Carson is its first back-to-back winner since the straw poll started in 2011. Sen. Ted Cruz (R-Texas) won in 2013, Sen. Marco Rubio (R-Fla.) took the top spot in 2012 and former Godfather’s Pizza CEO Herman Cain was the winner in 2011.

Former Hewlett Packard chief executive Carly Fiorina captured 201 votes for second place in the latest straw poll….

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Why did Phil Jackson make his pick in the draft?

Phill jackson …..The guy who led the LA Lakers to the promoise land…Who coached the GREAT Michael Jordan and the Chicago Bulls to Six championships…Who played for the Knicks and is now their teams President picked a skinny 7′ 2″‘  kid from Latvia his week over some VERY well known guys…

Why?

Let me pause to acknowledge the obvious: Jackson has tossed the cosmic dice here. Quite a few respected basketball minds view Porzingis as the sleeper of the draft, but he will not fully awaken next season. The teenager is still growing, his frame rail thin. Does the Latvian need to inhale protein shakes? No doubt.

Jackson showed up at Friday’s news conference looking dapper in a gray shirt and black suit, with black Nike sneakers with an elfin cut to them. Asked if he expected Porzingis, who weighed 233 pounds at a recent workout, to gain weight, he played the sophisticate.

“I think another stone,” he said. Two stone even.

A stone is a unit of measurement in Britain; one stone equals 14 pounds.

Jackson said he’d asked his former Lakers star Pau Gasol, a Spaniard, about the weight. “He says he weighed 227 when he was drafted by the Grizzlies, and he was approximately the same height” as Porzingis, Jackson said.

More to the point, this skinny teenage Latvian shoots 25-foot jumpers like layups and possesses impressive footwork and a 38-inch vertical leap, which allows him to essentially stuff his elbows into the hoop….

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image..nj.com

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Puerto Rico Governor…We don’t have enough money to pay our bills….

Puerto Rico….

Which is a Commonwealth of the United States is in debt for $72 Billion…..

Most of that paper is held by United States investors….

The island cannot file for bankruptcy….

As such, there are few easy legal avenues for those investors….

The Government will have to drasticly cut back its payroll…..People are already migrating to US homeland due to the worstning situation…)

Since this DOES involve US money and a US territory government….

There could be a fallout on Wall Street in 12 hours from now when the US Bond markets trade….

(The WSJ doesn’t think so…)

Thiese problem have just gone public, but where known by some for a while….

The Governor of the Island is counting on restructing its debt, but investors are gonna have to take hits on their returns….

Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.

The governor, Alejandro García Padilla, and senior members of his staff said in an interview last week that they would probably seek significant concessions from as many as all of the island’s creditors, which could include deferring some debt payments for as long as five years or extending the timetable for repayment.

“The debt is not payable,” Mr. García Padilla said. “There is no other option. I would love to have an easier option. This is not politics, this is math.”

It is a startling admission from the governor of an island of 3.6 million people, which has piled on more municipal bond debt per capita than any American state.

A broad restructuring by Puerto Rico sets the stage for an unprecedented test of the United States municipal bond market, which cities and states rely on to pay for their most basic needs, like road construction and public hospitals….

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Ted Cruz is running against a Moderate GOPer getting the parties nomination…

Well…Well…..

I spend a LOT of time pointing to the feeling that the GOP nominee will more’s the middle right than the hard right….

That person will have to pivot to the center once they get the GOP nomination….

I guess Ted Cruz must be reading this blog?

(He, he, he…I doubt that…)

Cruz is trying to excite (And grab)  the rightleaners in his party that COME OUT and vote in large numbers in the GOP primaries….At least the early ones…

Sen. Ted Cruz (R-Texas), a 2016 presidential hopeful, says GOP leaders want to divide conservative primary voters so that a moderate candidate will end up being the party’s nominee.

“The last thing the Republican leaders in Washington want to see is millions of Americans across the country mobilizing and coalescing around one strong conservative candidate,” he told a crowd of 200 supporters in Iowa on Saturday, according to the Sioux City Journal.

Senior Republicans want the party’s various factions at each other’s throats so “once again, they run right up the middle with 24 percent and nominate an establishment moderate who loses the election to Hillary Clinton,” Cruz added….

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Note…

Could Cruz be talking about-Governor of Florida, who LEADS the GOP 2016 field?

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John Kasich Update…He’ll annouce he’s running July 21….

Another 2016 GOP Presidential Nomination Sweepstake contestant will try to spin the wheel…

He’d be #15, I think , after Chris Christie jumps in this week….

Ohio Gov. John Kasich will jump into the crowded Republican presidential field on July 21 at the student union at his alma mater, The Ohio State University, in Columbus, advisers tell POLITICO.

Kasich, 63, who was overwhelmingly reelected in November, will aim to appear less scripted and guarded than the leading candidates. Advisers say he combines establishment appeal with a conservative record going back to his stint as House Budget Committee chairman, during his 18 years as a congressman from Ohio.

Despite his late start, Kasich will be one of the most closely watched candidates — partly because Ohio is such a crucial presidential state, putting Kasich on many short lists for vice president.
Kasich briefly pursued a presidential bid in the 2000 cycle, but got no traction and dropped out in July 1999, endorsing George W. Bush.

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Note….

The piece points to kasich being a good choice for President, eh?

image…huffingtonpost.com

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Huckabee invokes Martin Luther King Jr. AGAINST the Same-Sex Court ruling…

What a crass thing…..

For a Republican to mention Martin Luther King Jr., in trying to fight a historic Civil Rights case handed down benefiting Gays in the present day….

GOP presidential candidate Mike Huckabee predicted that Christians will push back against gay marriage in a similar way to Dr. Martin Luther King’s fight against racial discrimination.

On ABC’s “This Week” Sunday, host George Stephanopoulos asked Huckabee if he would advocate for civil disobedience following Friday’s Supreme Court ruling that made same-sex marriage legal nationwide.

“I don’t think a lot of pastors and Christian schools are going to have a choice. They either are going to follow God, their conscience and what they truly believe is what the scripture teaches them, or they will follow civil law,” Huckabee said.

“They will go the path of Dr. Martin Luther King, who in his brilliant essay the letters from a Birmingham jail reminded us, based on what St. Augustine said, that an unjust law is no law at all. And I do think that we’re going to see a lot of pastors who will have to make this tough decision,”

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Greece is in deep trouble….

They are dancing around a financial collapse…..

Greece will keep its banks closed on Monday and place restrictions on the withdrawal and transfer of money, Prime Minister Alexis Tsipras said in a televised address on Sunday night, as Athens tries to avert a financial collapse.

The government’s decision to close banks temporarily and impose other so-called capital controls — and to keep the stock market closed on Monday — came hours after the European Central Bank said it would not expand an emergency loan program that has been propping up Greek banks in recent weeks while the government was trying to reach a new debt deal with international creditors.

The debt negotiations broke down over the weekend after Mr. Tsipras said he would let the Greek people decide whether to accept the creditors’ latest offer. That referendum vote is to be held next Sunday, after the current bailout program will have expired.

Mr. Tsipras in his televised address criticized the European Central Bank for declining to increase its emergency loans to Greek banks.

“It is clearer than ever that this decision has no other goal apart from blackmailing the Greek people and obstructing the smooth democratic procedure of the referendum,” he said….

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Where do Republicans go from this weeks political hits?

Two rulings by the nation’s highest court are slaps in the face to Conservative Republicans….

Across the cultural landscape, the national consensus is evolving rapidly, epitomized by this year’s convulsions of celebrity, social issues and politics — including the acceptance of Caitlyn Jenner’s gender identity, Pope Francis’s climate-change decree and the widespread shunning of the Confederate flag.

Then came Friday’s landmark Supreme Court decision legalizing same-sex marriage. As rainbow colors bathed the White House and other landmarks in celebration, the entire field of Republican presidential candidates condemned the ruling.

This uneven terrain is now a key battlefield in the 2016 campaign, unnerving red America and fueling intense debate within the Republican Party about how to navigate such changes — or whether to adapt to the mainstream at all.

“Most Republicans look at what’s happening and think we’re watching a new stage of left-wing nuttiness,” said former House speaker Newt Gingrich (R-Ga.). “It’s just surreal.”

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But as much as people want to crow for the progressive movememnt in some social issues …..

Things are NOT as clear as the media would paint it….

While the Supreme’s handed down their version of things…

The oppostion out there among the right remains….

Gay’s can STILL be discrimanated aginst based on rlgious grounds….

The Republicans who have a majority in Congress have indicated that they will STILL seek to overturn Obamacare, and if they where to hold their majorities in next years election and grab the Presidency?…I fear America COULD be wrenged back to the 1950’s…..

For now though, we can look to see Republicans focus on other policy…..

Economics and Foreign Affairs….

Hillary Clinton, the Democratic nomination front runner, has been campaigning in the Economic front already and has Foreign Affair experience…

The critical question is whether the Republican Party will embrace such a message in order to seize what many party officials see as an opening to turn the election toward economic and national security issues.

It will not happen easily: Every major Republican presidential candidate criticized the Supreme Court’s ruling on Friday affirming same-sex marriage as the law of the land.

Of course, many of the Republicans running for president are keen to move on from the culture wars, but others, like Mike Huckabee and Senator Ted Cruz of Texas, are already seizing on matters like same-sex marriage and what they call judicial overreach to distinguish themselves in a crowded primary field. And the conservative activists and interest groups that play an important role in the primary will not let any of the candidates simply move on….

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Donald Trump Update…It’ll cost me ‘peanuts’ to run for president

This guy is the media’s dream…..

And has gotta be an increasing headache for GOPer’s….

A Rich guy behaving badly…..For ALL to see….

The cost of running for president? “Peanuts,” says Donald Trump.

“I’m in it to win it. I gave up a lot. I gave up hundreds of millions in deals, you know, things that I do. In all fairness, I don’t want it to sound trivial—NBC renewed ‘The Apprentice’ because we had a great season last season, and they would love me not to be doing this, they will tell you right now,” the newly minted Republican presidential candidate said in an interview aired Sunday on CNN’s “State of the Union.”

Regardless of the cost of his campaign, Trump said, he’s giving up hundreds of millions with his TV show and other real estate and business dealings.

“The peanuts, the cheapest part, is what it costs to do it. I’m giving up hundreds of millions of dollars to do this. I’m giving up a primetime television show. I’m giving it up to do this,” the billionaire business mogul told host Jake Tapper. “I’m a little blunt, but you know what? Maybe, that’s what we need.”

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Note….

Trump is gonna make Romney’s money thing look like a picnic…..

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Ted Cruz Update…His dad tried to join Castro’s Army….

The Texas Senator tell’s it all about his fathers early efforts in his homeland of Cuba….

And how things changed for him with a realization of where Castro went after taking over the island….

(Ted Cruz will join other GOPer’s in selling a book with the exposure he gets from the  2016 Presidential Run….)

The father of Senator Ted Cruz was a 1950s Cuban revolutionary who longed to slip into the island’s eastern mountains and join Fidel Castro’s guerrilla army.

At 17, Rafael Cruz led a group of insurgents staging urban sabotage against Fulgencio Batista, a Cuban dictator. Mr. Cruz was eventually jailed and tortured, and upon his release wanted the underground to help him reach Mr. Castro’s camp in the Sierra Maestra highlands.

“My dad asked if he could join Castro in the mountains and keep fighting,” Senator Cruz, Republican of Texas and a presidential candidate, writes in his book, “A Time For Truth,” which is being released on Tuesday. “But he was told there was no way to get to the rebels.”

Instead, the elder Cruz bribed his way to a Cuban exit visa and headed to the University of Texas.

He returned home shortly after Mr. Castro seized power in 1959, but, Ted Cruz writes, was appalled to see Mr. Castro had “declared to the world that he was a Communist.” Mr. Castro did not formally call his revolution Socialist until the eve of the Bay of Pigs invasion in 1961….

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House Democrats want The President to close immigrant detention centers…

The centers are still in operation in response to the thousands of emigrants that arrived in the US in the last year from Central America…

While thousands have been moved around the country to sponsors …..There are still thousands in DHS dentention centers, which are like prisons ….

Democratic House members back from visiting the centers want the President to close the facilities down and move the occupants to smaller locations and find a means to track them…

The piece in The Hill has NO reference to House Republicans and their reaction to closing the detention centers down…Republicans HAVE been successful is halting almost ALL of the President’s moves to reform or change immigration rules and regulations by executive action ….

House Democrats are amplifying their calls for the Obama administration to ease its detention policies for illegal immigrant families at the southern border.

The lawmakers, newly returned from a visit to a pair of detention facilities in Texas, said the “jail-like” conditions pose psychological and other health risks for the thousands of women and children being held for processing, many of whom arrived during last summer’s migrant surge.

They’re pushing Department of Homeland Security Secretary Jeh Johnson to close the facilities and release the families into less restrictive settings while their cases proceed.

“Let me just make clear: Our goal is to shut the facilities down,” said Rep. Luis Gutierrez (D-Ill.). “These kids, they shouldn’t be in there. … There is damage being caused to these kids that they’re going to have to live with for the rest of their lives.”

Rep. Steny Hoyer (Md.), the Democratic whip, said he found the conditions “troubling” for the sheer number of young kids being held. He suggested the facilities be transformed into temporary holding stations where families remain for only “a few days” before being released while their asylum claims are heard.

“There’s a difference between using beds while [the courts] are making a determination … and treating them as a locked facility, where they are now, treated as criminals,” Hoyer said. “We are urging … that these facilities, for the purpose they’re being used, be closed.”

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Al Gore witholds an endorsement for Hillary 2016…For Now….

Gotta be a tough one for the former Democratic Vice President…Who COULD have gotten the job…..

And who felt betrayed by Hillary Clinton’s husband…..

Al Gore declined to back Hillary Clinton for president when asked who he thinks would be next in the White House.

When questioned by WPP founder Sir Martin Sorrell at the Cannes Lions festival of creativity about whom he would back for 2016, Gore — Bill Clinton’s vice president from 1993 to 2001 —notably didn’t take the chance to praise Hillary.

In a packed Cannes Lions session Friday, Sorrell asked Gore, “Would you refuse to answer the question [who will be the next president of the United States]?”

Gore responded, “I wouldn’t refuse to answer that question, I would try to cleverly dodge the question … I would say it’s actually too early.”

Gore merely smiled, but didn’t comment further, after Sorrell added, “I think Hillary will win and it would be great to have a female president of the most powerful nation on the planet.”

Gore has reportedly had a complicated relationship with the Clintons since 2000. Political insiders speculate Gore may be remaining neutral for now but would eventually back the Democratic nominee…..

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image….frontpagemag.com

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The RNC probabaly won’t allow a Univision debate…Red State

And THAT just plays into the narrative that Republicans are just NOT interested in America’s fastest growning demographic….

Hispanic’s/Latino’s

Could stuff like this be the MAIN reason that Hillary will carry this base next November?

Dear @GOP, Please Do Not Sanction a Univision Debate [UPDATED]

By: Erick Erickson (Diary)@RedState

UPDATE: The RNC has assured me that Univision will not have a debate.

Univision wants to have a forum of the Republican candidates. For the reasons below, I would ask that the Republican National Committee refuse to sanction that forum under the candidate debate rules.

First, Univision missed the boat. They never submitted a proposal to host a debate like all the other networks. That’s a simple fact. They should not now get to claim the RNC is refusing to host a Hispanic oriented debate when they could not even follow the rules and meet the deadlines everyone else, including Telemundo, met.

Second, Univision has been aggressively partisan against Republicans, including hatchet jobs on Sen. Marco Rubio (R-FL) 90%‘s family and Jeb Bush’s family. That, frankly, is what makes the hatchet jobs so bad. Univision did not directly attack Rubio and Bush, but rather attacked family members. In Rubio’s case, it was his brother-in-law. In Bush’s case, it was his wife….

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Chris Christie ….“telling it like it is.”

That’s the slogan on his new born website for his Presidential run….

New Jersey Gov. Chris Christie (R) now has a website to tout his 2016 presidential campaign.

Christie’s political operatives launched www.chrischristie.com on Saturday, according to The Associated Press.

The site’s landing page reveals Christie’s slogan of “telling it like it is.”

It also says the site was paid for by “Chris Christie for President, Inc.”

Christie began promoting the new site on Twitter on Saturday morning. His first tweet shows the site’s banner with a gif revealing the webpage’s address word-by-word…..

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