Trump Administration Announces Rule to Enable Detaining Immigrant Families Indefinitely

The Trump administration announced on Aug. 21 a new rule that replaces the Flores agreement, which has long guided how long immigrant families who cross the border illegally into the United States can be held.

The rule “will allow for termination of” the agreement, the Department of Homeland Security said in a statement, allowing the department and the Health and Human Services agency “to respond to significant statutory and operational changes that have occurred since the [Flores agreement] has been in place, including dramatic increases in the numbers of unaccompanied children and family units crossing into the United States.”

“Large numbers of alien families are entering illegally across the southern border, hoping that they will be released into the interior rather than detained during their removal proceedings. Promulgating this rule and seeking termination of the [Flores agreement] are important steps towards an immigration system that is humane and operates consistently with the intent of Congress,” the statement added. ...read more

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US Drone Downed By Surface-To-Air Missile Over Yemen

Putting to rest any remaining doubt of America’s continued deep military involvement in the Yemen war, a US military drone was shot down outside the Yemeni capital of Sanaa on Tuesday night

After local footage of fiery wreckage falling from the night sky over Yemen appeared online, US officials confirmed to Reuters on Wednesday that it was authentic, and further it was the second such US drone shoot down in months. 

WeWTF?!

Scott Galloway, the best-selling author, well-known tech-industry pundit, and professor of marketing at New York University’s Stern School of Business, unleashed his special kind of wit and financial weaponry on WeWork’s recent S-1 filing.

Writing on his “No Mercy / No Malice” blog, Galloway says any Wall Street analyst who believes WeWork’s worth over $10 billion is “lying, stupid, or both.” ...read more

WTI Slides After Crude Inventories Drawdown Less Than Hoped

Oil prices held on to gains overnight after a surprisingly large crude draw reported by API (though crude is down about 18% from its late April highs as the trade war between the U.S. and China, the world’s biggest economies, weighs on demand.).

“The drawdown will certainly help support sentiment,” said Daniel Hynes, a senior commodity strategist at Australia & New Zealand Banking Group Ltd. in Sydney.

“But the market is definitely taking the glass-half-empty type approach to data.” ...read more

Epstein Used Network Of Shell Companies And Associates For Sex-Trafficking Ring, Lawsuits Claim

Jeffrey Epstein used his tangled web of shell companies as a “brazen and powerful organization” to operate a sex-trafficking ring, according to three new civil lawsuits filed against his $578 million estate. 

The new litigation was filed against the estate, its executors and the shell companies themselves, asking for unspecified damages for medical and psychological expenses, trauma, humiliation and other injuries suffered as recently as 2017, according to Bloomberg ...read more

Existing Home Sales Rise Year-Over-Year, Break 16-Month Losing-Streak

Existing home sales were expected to rebound 2.5% in July after sliding 1.7% in June (while new- and pending-home sales bounced), and hit the number spot on (despite a small upward revision in June to -1.3% MoM.

Sales of previously owned U.S. homes increased in July to a five-month high.

...read more

Civil Rights Suit Filed Against School For Coloring in Boy’s Head Carving With Permanent Marker

A 13-year-old boy has been swept into a federal civil rights lawsuit against a Texas school board, after three members of staff—including the now-principal—allegedly colored in the carving of his non-regulation haircut on his scalp with a permanent marker.

When Juelz Trice arrived at Berry Miller Junior High School on April 17 sporting a new hairstyle featuring a carved “M,” he was told it was in violation of the school dress code, which at the time prohibited extreme hairstyles, including “carvings.”

According to a now-deleted school district statement in south Houston he was given three options: face disciplinary consequences, notify his mother, or have the “M” filled in with marker pen. ...read more

4 Shot on Atlanta College Campus During Back-to-School Party, Police Say

Officials said that at least four people were shot and injured on the night of Aug. 20 after someone opened fired at a campus party in Atlanta.

A suspect opened fire at a crowd of 200 people at a block party near the Robert W. Woodruff Library at Clark Atlanta University, which is a historically African-American university located in the city, WSB-TV reported.

The Atlanta Police Department said gunfire erupted at 10:30 p.m. ET following an argument between two groups who were in attendance. ...read more

US Drone Shot Down Over Yemen: Reports

A U.S. drone was shot down over Yemen, according to reports.

CNN, Fox News, and Voice of America were among the outlets reporting that the drone was shot down, citing U.S. officials.

The drone was shot down by a surface-to-air missile, an official told CNN. It wasn’t clear if the drone was being run by the military or intelligence officials when it was shot down. ...read more

Scaramucci to Launch PAC to ‘Dismantle’ Trump and Flip 8 Percent of President’s Voters

Former White House Communications Director Anthony Scaramucci said he’s launching a political action committee (PAC) targeting President Donald Trump to “dismantle” him.

Scaramucci, who Trump called a “highly unstable ‘nut job’” and fired from his administration role after just 11 days on the job, claims he could potentially flip as much as 8 percent of the president’s voters and snatch the 2020 election.

During an interview on the “Hacks on Tap” podcast on Aug. 20, Scaramucci mentioned that he was going to be “running advertisements” from a political action committee that he hasn’t yet formed, adding, “but I will.” ...read more