We just got a clear sign the trillion-dollar coastal property bubble could burst any time

Stephan:  If you read me regularly you know that for about 10 years I have been telling readers that starting about now we are going to see a massive real estate bubble crash of property as a result of climate change, whether sea rise, lack of water, increased temperature, or violent weather events like tornadoes. I had lunch today with a friend who has coastal property on the island where I live and he challenged this saying that they had just raised the appraised value of his property so how could what I was saying be true. My response was that his experience was just another example of how ill-prepared and willfully ignorant most of the U.S. government is about what is coming. Here is a good assessment of where things stand, and I urge you to click through to the many sources the article cites. It's coming folks, and it is going to have a massive financial effect.

FORT LAUDERDALE, FL – SEPTEMBER 30: An apartment for rent sign is seen in a flooded street caused by the combination of the lunar orbit which caused seasonal high tides and what many believe is the rising sea levels due to climate change on September 30, 2015 in Fort Lauderdale, Florida. South Florida is projected to continue to feel the effects of climate change and many of the cities have begun programs such as installing pumps or building up sea walls to try and combat the rising oceans.
Credit:Joe Raedle/Getty

Home buyers are starting to incorporate climate risk into the price of property in areas facing warming-driven extreme weather disasters, new research finds. And that’s bad news for the trillion-dollar coastal property bubble.

“Homes in areas most exposed to flood and hurricane risk were worth less last year, on average, than a decade earlier,” according to analysis released Monday by Bloomberg News. Also, the price of homes at lowest risk for wildfires “far outpaced those with the greatest risk.”

The analysis by property data firm Attom […]

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Exclusive: US officials likely lost track of nearly 6,000 unaccompanied migrant kids

Stephan:  I think it is time to call a spade a spade.  The adult and child holding centers, I believe, should called be Trump Concentration Camps. According to Merriam-Webster, the meaning of a Concentration Camp is "a camp where persons (as prisoners of war, political prisoners, or refugees) are detained or confined..... Use of the word concentration comes from the idea of concentrating a group of people who are in some way undesirable in one place." Unlike the Nazis, who kept meticulous records the Trump Administration is so incompetent that they have no clear idea where the children swept up by this vile policy actually are. Here is some data.  

In this photo provided by U.S. Customs and Border Protection, people who’ve been taken into custody related to cases of illegal entry into the United States, sit in one of the cages at a facility in McAllen, Texas, Sunday, June 17, 2018. U.S. Customs and Border Protection’s Rio Grande Valley Sector
Credit: McClatchy

WASHINGTON, D.C. — The Trump administration has likely lost track of nearly 6,000 unaccompanied migrant children, thousands more than lawmakers were alerted to last month, according to a McClatchy review of federal data.

Federal officials acknowledged last month that nearly 1,500 unaccompanied minors arrived on the southern border alone without their parents and were placed with sponsors who did not keep in touch with federal officials, but those numbers were only a snapshot of a three- month period during the last fiscal year.

“There is a lot more,” said a field specialist who worked in the Office of Refugee Resettlement until earlier this year and was tasked with reaching out to sponsors and children […]

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Trump admin’s ‘tent cities’ cost more than keeping migrant kids with parents

Stephan:  On top of all the nastiness of Trump's policies they are outrageously expensive and you are paying for them. That's right millions upon millions of tax payer dollars are sluicing into the pockets of private contractors. Here are some facts. We now have babies and young children spread across the states. Find a place where you can go to a demonstration on 30 June and stand up for American democracy against the reign of christofascists.

Trump tent concentration camp
Credit: Getty

WASHINGTON — The cost of holding migrant children who have been separated from their parents in newly created “tent cities” is $775 per person per night, according to an official at the Department of Health and Human Services — far higher than the cost of keeping children with their parents in detention centers or holding them in more permanent buildings.

The reason for the high cost, the official and several former officials told NBC News, is that the sudden urgency to bring in security, air conditioning, medical workers and other government contractors far surpasses the cost for structures that are routinely staffed.

It costs $256 per person per night to hold children in permanent HHS facilities like Casa Padre in Brownsville, Texas. And keeping children with their parents in detention centers like the one run by U.S. Customs and Immigration Enforcement in Dilley, Texas […]

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Immigrant children forcibly drugged with ‘powerful’ psychotropics at Texas ‘treatment center’: lawsuit

Stephan:  Nazis physician Joseph Mengele did to children  exactly what is described in this lawsuit.

A Mexican immigration officer holds a child by his arm.
Credit: AFP.

In a new lawsuit, immigrant children detained at a government-funded facility in Texas described being forcibly drugged with psychotropic medicines that made them dizzy and unable to walk.

Reveal reported Wednesday that minors held at the Shiloh Treatment Center in Manvel, Texas — described in its Google+ listing as a “baby gulag” — were physically abused and given shots of  “powerful” psychiatric medications that “rendered them unable to walk, afraid of people and wanting to sleep constantly.”

In the affidavits, the children and their parents said workers at the facility told them they would not be allowed to leave or see their parents if they didn’t take the medicine, which was administered via shots. The children were allegedly told the shots were “vitamins.”

“The supervisor told me I was going to get a medication injection to calm me down,” one girl said. “Two staff grabbed me, and the doctor gave me the injection despite my objection and left me there on […]

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White House to Propose Merging Education, Labor Departments

Stephan:  Here's a heads up on the next crisis coming from the Trump Reich.

Credit: npr

WASHINGTON, D.C. —  The White House plans to propose on Thursday to merge the U.S. Departments of Labor and Education, the Wall Street Journal reported on Wednesday. Citing a person with knowledge of the proposal, the Journal said the plan follows a review of Cabinet agencies that looked for ways to shrink the federal government.

The White House did not immediately respond to a request for comment from Reuters.

Congress would likely have to approve the merger, and it was unclear whether lawmakers would be in favor of a major governmental reorganization with November elections looming.

Republicans have long complained about the size of the federal government and many have taken particular aim at the Education Department, which they see as intruding on local and state authority.

President Donald Trump also plans to propose as early as Thursday moving many social safety net programs into a new “megadepartment” that would replace the Health and Human Services Department, The New York Times reported, citing administration officials briefed on the proposal.

Among the programs to be […]

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