Daily Clips: June 29, 2016

CRISIS AVERTED FOR PUERTO RICO? Russell Berman at The Atlantic writes:

Puerto Rico appears likely to be able to stave off a default on $2 billion in bond payments due Friday after the U.S. Senate advanced legislation allowing the island territory to restructure its debt.

An unusual, bipartisan coalition of senators pushed the PROMESA Act past the needed 60-vote threshold to break a filibuster, allowing for a final vote on the measure in advance of the July 1 deadline.

WATER IS WET: In case anyone ever doubted, Reuters has confirmed that Donald Trump is encouraging racism with his campaign:

Supporters of U.S. presidential candidate Donald Trump are more likely to describe African Americans as “criminal,” “unintelligent,” “lazy” and “violent” than voters who backed some Republican rivals in the primaries or who support Democratic contender Hillary Clinton, according to a Reuters/Ipsos opinion poll.

ARE MEN THE PROBLEM WITH ECONOMICS? Malcolm Harris at The New Republic profiles a newly translated book by Swedish writer Katrine Marçal which argues that economics is too masculine: “Only a man, [Marçal] suggests, would imagine independence rather than dependence as the basis for the human condition. Individualists make the mistake of economic thinking: They forget about their mothers.”


Paul Constant

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