After Oil, Washington Weighs Sanctions on Iran’s Other Sources of U.S. Dollars

Benoit Faucon and Ian Talley:

“…The prospect of added pressure on Iran comes as Washington kicked off a fresh round of sanctions on Iranian oil exports on Thursday. The U.S. ban is aimed at coercing Iran into signing a new nuclear and security pact. In targeting the country’s crude—its main income source—the U.S. hopes to sever the financial and trade ties that are keeping Iran’s economy afloat.

Since the U.S. sanctions began in November, the Iranian government has missed out on more than $10 billion in oil revenue, Brian Hook, U.S. special representative for Iran at the State Department, said last week.

The U.S. Treasury Department is now weighing targeted sanctions that would curb the flow of less-visible sources of the U.S.-denominated currency that Iran needs to pay for imports of basic goods—and to shore up its own flagging currency, U.S. officials said.

The sanctions under consideration include the targeting of financial networks that transfer U.S. dollars to Iranian companies as payment for petrochemical exports—the country’s second-largest source of revenue after oil, a U.S. official said…”

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Beto

And how is this different from the other Democratic candidates?

From Liberal writer Margaret Carlson:

“…According to my unscientific poll asking every woman I see, Beto reminds them of the worst boyfriend they ever had: self-involved, convinced of his own charm, chronically late if he shows up at all, worth a meal or two but definitely not marriage material. When he should be home with the kids or taking out the trash, he’s jamming with his garage band or skateboarding at Whataburger. He’s “in and out of a funk” which requires long and meaningful runs to clear his head. Every thought he has is transcendent, worthy of being narrated, videotaped, and blogged. He is always out finding himself. At age 46, the man asking to run the country is currently lost…”

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Financial optimism best in 18 years

Paul Bedard:

“…The optimism Americans feel about their personal finances has touched a new high, setting the stage for President Trump to ride the economic recovery into the 2020 presidential campaign, according to a new survey.

The latest Gallup poll found that 56% rate their current financial situation as “excellent” or “good,” the highest in the poll dating to 2001.

What’s more, 69% said that they expect to be better off financially in a year, the highest for that finding in 16 years…”

Dow futures jump 120 points after better-than-expected April jobs report

“…The U.S. adding a robust 263,000 new hires in April while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday. Nonfarm payroll growth beat Wall Street expectations of 190,000 and a 3.8% jobless rate, according to Dow Jones estimates…”

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Circus

The circus in the House Judiciary Committee hearing this morning, and the wild accusations from Democrats in the House, are a smokescreen to give the Democratic media talking points and reasons not to cover the emerging, and shortly to be released, investigations into Obama Administration officials regarding malfeasance in the 2016 investigations into Clinton and Trump.

Real bombshells, not made up nonsense, are about to explode, and the Democrats are doing everything they can to divert attention.

Post-Mueller Effect – CNN sees ratings swoon in April

JOE CONCHA:

“…CNN’s prime-time ratings dropped a whopping 26 percent in April compared to last year, according to Nielsen Media Research.

MSNBC’s ratings were down 14 percent in April 2019 compared to April 2018, while Fox News’s ratings overall were flat.

The sharp decrease for CNN marked its lowest-rated month in total viewers since October 2015.

In the 25- to 54-year-old demographic that advertisers covet most, it was the network’s least-watched month since Aug. 2015.

In prime time, Fox News finished first with an average of 2.4 million viewers. In April 2018, the network also averaged 2.4 million viewers, according to Nielsen.

MSNBC was second with an average of 1.66 million viewers, down from 1.93 million in April 2018.

CNN was third with 767,000 average primetime viewers, down from 1.04 million in April 2018…”

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Instagram: Wounded Veteran ‘Violated Community Standards’ by Posing with Trump Jr.

You can’t make this stuff up. Social media requires federal regulation.

Donald Trump Jr. and Omar Avila, a picture deleted by Instagram.

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Kate Smith Is Banished While the NYT Gets a Pass

ALAN M. DERSHOWITZ:

“…When Kate Smith was a young, aspiring singer, she made a mistake, common in her time: she sang and recorded two songs with lyrics that today are understandably regarded as racially insensitive and offensive. She did not write the songs and she didn’t continue to sing them thereafter. Many other singers, including African-American legend, Paul Robeson, sang one of these songs as well. Back in the day, many lyrics reflected racial insensitivity.

Smith is now long gone, but her legacy is being attacked because of her youthful mistake. I am a Red Sox fan, so going to Yankee Stadium is for me, a painful reminder of how often the Yankees beat the Red Sox and my beloved Brooklyn Dodgers. But I always look forward to the playing of Smith’s rendition of “God Bless America.” No one ever sang this Irving Berlin classic quite the way she did. But the Yankees decided to end this tradition, as soon as the story of Smith’s youthful indiscretion became public. The Philadelphia Flyers went even further, removing her statue from in front of their arena.

So now let’s compare Smith’s youthful insensitivity toward race with the mature insensitivity of the New York Times with regard to anti-Semitism. The international edition of the New York Times republished a syndicated cartoon modeled on one that appeared in Nazi Germany in 1940. The Nazi cartoon showed a stereotypical Jew leading a naive Winston Churchill. The message was clear: Jews try to control the world by leading non-Jewish world leaders to do their bidding. The Times cartoon was even worse. It portrayed Benjamin Netanyahu as a dog with a Star of David around his neck leading a blind President Trump who was adorned by a kippah. The Times has acknowledged its mistake and insensitivity….”

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Milton Friedman

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.”

Evergreen statement of the day.

Doug Santo