Progressive Breakfast for May 31

Morning Message

Common Sense on the Democratic Presidential Race

[Sanders has] already promised to show workers why they can’t afford to support a billionaire who promises massive tax breaks for the rich. He’ll work hard to ensure that the young people he has inspired come out to vote. If she wins the nomination, Clinton’s challenge isn’t winning Sanders' support, it is reaching out to inspire the young voters and independents that are the heart of the Sanders coalition. Sanders can’t do that for her, no matter how hard he tries.

Burning Issues: Fracking as Foreign Policy

Charlie Cray, a researcher at Greenpeace, in the latest Burning Issues video says the United States has been promoting hydraulic fracturing – fracking – in dozens of countries around the world despite the direct environmental risks and its contribution to global warming.

Clinton Tries To Salvage California

Clinton steps up her CA schedule. W. Post: “Clinton originally planned to campaign for two days this week in New Jersey, but at the last minute canceled an event on Thursday and will instead return to California for a five-day swing … Clinton now plans to hold events in California from Thursday until the day before the state’s June 7 primary.”

Clinton runs Romney playbook on Trump. Politico: “To people in the Clinton political operation, the Trump recording — which was part of his Trump University program — is a clear echo of the recording secretly taken by a bartender at a 2012 Romney fundraiser, which was immediately used by Democrats to paint the GOP nominee as out of touch.”

But Team Clinton doesn’t think attacking Trump is enough. W. Post: “…in a campaign season shaped by voter fury, Clinton’s team and her Democratic allies believe that assailing Trump alone may not secure the White House for their candidate. Clinton must be seen as a credible leader for middle-class Americans exasperated by the gridlocked government and an economic system that they feel has failed them.

When China Beat Trump

Trump lost court case with Hong Kong investors. NYT: “It began when a group of Hong Kong billionaires, including one who has been called the Donald Trump of China, helped rescue Mr. Trump from the verge of bankruptcy by investing in one of his properties in Manhattan … when his Hong Kong partners sold the property without his support, Mr. Trump waged a bitter, long-shot legal battle against them. And far from winning his share of the Bank of America building, according to court documents, he had to settle for it after losing in court.”

Trump likely “over-valuing properties and ignoring his expenses” reports Politico: “His businesses apparently generate a lot of revenue but may not put much cash in his pocket; He assigns himself a net worth that is impossible to verify and may be based in part on fantasy; And he is selling assets and increasing debt in ways that suggest a man scrambling for ready cash.”

Breakfast Sides

TPP supporters make “geopolitical” case. The Hill: “‘If the U.S. abandons TPP, our Asian allies and partners will perceive America as yielding to China, and they will accommodate accordingly,’ said [Former World Bank President Robert] Zoellick … U.S. Trade Representative Michael Froman said recently that there is no way to measure ‘the cost to American leadership if we fail to pass TPP and allow China to carve up the Asia-Pacific through their own trade agreement.'”

Verizon workers win concessions as strike ends. WSJ: “Verizon Communications Inc. offered its unions a nearly 11% raise, a small bump in pension benefits, and a promise to add 1,400 new union jobs. Verizon also agreed to scale back subcontracting and withdrew a proposal to relocate employees for extended periods…”

The homeless are getting older. NYT: “There were 306,000 people over 50 living on the streets in 2014, the most recent data available, a 20 percent jump since 2007 … They now make up 31 percent of the nation’s homeless population. The demographic shift is mirrored by a noticeable but not as sharp increase among homeless people ages 18 to 30 … They make up 24 percent of the homeless population.”