Texas university cancels white supremacist rally

Tue, 2017-08-15 03:11

CHICAGO: A Texas university canceled Monday a planned white supremacist rally on its campus next month, citing safety concerns following the deadly violence at a rally in Virginia at the weekend.
Texas A&M University, one of the most prestigious public colleges in the United States, scrapped a September 11 rally at which known white supremacist leader Richard Spencer was scheduled to speak.
Spencer was one of the leading figures in a rally that saw hundreds of white supremacists gather Saturday in the town of Charlottesville, triggering violence that left one person dead and 19 others injured.
The university’s decision to cancel the event came after it emerged that organizers were billing the event as “Today Charlottesville, Tomorrow Texas A&M.”
“Linking the tragedy of Charlottesville with the Texas A&M event creates a major security risk on our campus,” the university said in a statement.
Spencer has asked sympathizers to invite him to speak on campuses, and he has been invited to speak at the University of Florida on September 12, although authorities have yet to give their approval.
In an open letter to students, University of Florida president Kent Fuchs indicated how the college was torn over whether to give the event the green light.
“For many in our community, including myself, this speaker’s presence would be deeply disturbing,” Fuchs wrote, before adding that “we must follow the law, upholding the First Amendment not to discriminate based on content and provide access to a public space.”

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Used Car Prices Crash To Lowest Level Since 2009 Amid Glut Of Off-Lease Supply

The U.S. auto market is at an interesting crossroads with used car prices crashing to new lows every month while new car prices continue to defy gravity courtesy of a somewhat ‘frothy’, if not suicidal, lending market that has seemingly decided that anyone with a pulse is financially qualified for a $0 down, 0% interest, 80 month loan on a brand new $40,000 luxury vehicle of their choice. 

As the Labor Department’s consumer-price index data showed last Friday, used car prices once again dropped in July to the lowest level since the ‘great recession’ of 2009.  In fact, since the end of 2015, the cost of used vehicles has dropped in all but three months and are now roughly 10% off their 2013 high.


Unfortunately, the outlook for the used market is only expected to get worse with the volume of lease returns expected to soar to nearly 4mm units by 2018.

Auto Leases


Meanwhile, despite modest weakness over the past two months, new car prices have held up fairly well…


…even as the domestic auto OEM’s continue to flood dealer lots with new inventory that isn’t moving.


Of course, logic would dictate that some level of substitution would have to take over at some point as the financial benefits of buying a used car eventually outweigh the social indignity of cruising around town in a 3-year old clunker. 

That said, those innovative “Low Credit Score” discounts do make new car buying very attractive…


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Pentagon: US soldiers in Iraq were killed by artillery ‘mishap’

A US Army artillery “mishap” was responsible for the deaths of two US service members in northern Iraq over the weekend, a Pentagon official said on Monday. Two US service members were killed and five injured in northern Iraq on Sunday. The victims were not named. “An Army artillery section was conducting a counterfire mission against an ISIS mortar site when a mishap occurred, injuring seven soldiers,” Pentagon spokesman Colonel Robert Manning said, using an acronym for Daesh. The Pentagon declined to provide further details and it was not immediately clear exactly what type of “mishap” took place. The service members were part of a US-led coalition fighting the Daesh in Iraq. Manning said there was no indication that Daesh […]

UN fears for thousands trapped on Syria-Jordan border

The United Nations expressed concern Monday over the safety of at least 50,000 people trapped at Syria’s southern border with Jordan. In a statement, the UN said the region where the refugees, mainly women and children, are stranded is not safe and is under air strikes from Jordan, which is battling Daesh fighters. It added that around 4,000 people near Hadalat crossing on the border were reportedly living only on flour and water. Jordan shares a 375-kilometer (233-mile) border with Syria, which fell into civil war in 2011. There are more than 1.3 million Syrian refugees in Jordan.