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GOP Convention Opens With a Scandal

Politico deems first day of Republican convention “disastrous”: “[Melania Trump’s] speech bore a striking resemblance to a Michelle Obama speech from 2008 … NBC wrapped up its hour … with a shot of a shockingly empty arena … there were even fewer signs of outreach across the aisle or to independents. For most of the night, the convention lineup felt and sounded more like a tea party rally on the statehouse steps…”

Gov. Chris Christie defends plagiarized speech on NBC’s Today: “…93 percent of the speech is completely different … they expressed some common thoughts … the worst day of the convention is the first day …”

“Republicans’ Convention Advertises Their Weakness” notes Bloomberg’s Jonathan Bernstein: “…most speakers on Day 1 of the convention were speaking fully within the conservative closed information loop. It’s a (fictional) world in which Obama spent the last eight years apologizing for the U.S. rather than opposing terrorism, a world in which Obama and Clinton support open borders, and so on.”

“The GOP Is the Party of Death” argues TNR’s Jeet Heer: “[Rudy] Giuliani earned the most enthusiastic response from the Republican crowd of the evening because he made the message of impending death the most explicit of anyone speaking. But he was only the loudest ranter of the evening; otherwise his message wasn’t unique … This fear of death played into the other major theme of the evening, the need to punish Clinton … criminalizing political differences is a grave threat to the very legitimacy of the democratic process.”

I’m worried that I will be the last Republican president,” George W. Bush tells former aides according to Politico.

GOP Embraces Glass-Steagall

GOP approves platform including reinstatement of Glass-Steagall. WSJ: “Delegates approved the GOP platform on the opening day of the Republican National Convention in Cleveland. In addition to reinstating the Depression-era law, the party blueprint also supported repealing the 2010 Dodd-Frank financial overhaul bill … The plank hadn’t been included in earlier drafts of the platform, but a single sentence was inserted in the 66-page final document. ‘We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment,’ the platform states.”

Platform stops short of opposing TPP. Bloomberg: “[The platform says] trade agreements — such as the Trans-Pacific Partnership negotiated by the Obama administration, though an explicit reference to that deal was removed — should not be rushed.”

Clinton Targets Pence

Clinton slams Pence for education record at American Federation of Teachers convention. Politico: “….Clinton said Pence cut millions from higher education while he was ‘giving huge cuts to corporations.’ Clinton also said Pence ‘turned away millions of federal dollars that could’ve expanded access to preschool for low-income children’ — an apparent reference to his decision, in 2014, to not apply for federal preschool grant dollars, and instead create a small pilot pre-K program.”

American Prospect’s Justin Miller dissects Pence’s record on labor: “…back in 2007, when Pence was a U.S. congressman, he argued that increasing the federal minimum wage from $5.15 to $7.25 an hour was much too drastic … while he was governor of Indiana, Pence’s party blocked an effort to increase the state minimum wage to $8.25. Instead, Pence signed into law legislation that preempts localities from passing ordinances that require minimum wages higher than the state’s, or any other benefit, such as paid sick or family leave, that isn’t state-mandated.”

New Data On Racism In Mortgages

Mortgage lending abets housing segregation in St. Louis area. NYT: “Federal data has long shown that the black neighborhoods of St. Louis have been almost devoid of mortgage lending in recent years … But the new report, released on Tuesday by the National Community Reinvestment Coalition, a consumer advocacy group, found that race was also an important factor in deciding where banks lend. Specifically, the report indicated that banks made fewer loans to middle- and lower-income borrowers in minority neighborhoods than to borrowers with similar incomes in white neighborhoods.”

“A GOP Congressman Just Made An Argument For White Supremacy On Live TV” reports HuffPost: “[Rep. Steve] King [said] he was tired of efforts to blame “white people.” And then he took it a step further … He suggested that white people are actually responsible for most of the good in the world … ‘I’d ask you to go back through history and figure out where are these contributions that have been made by these other categories of people that you’re talking about. Where did any other subgroup of people contribute more to civilization?'”

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