Epstein Secrets

orman Ornstein is resident scholar at the American Enterprise Institute. In their book, It's Even Worse than It Looks, they predicted. "If President Obama gets reelected but faces either a continuing divided Congress or a Congress with Republicans in charge of both houses, there is little reason to ex

ths to get the Democrats helped his health care plan, or kept him from being impeached. BILL MOYERS: Yeah, I'm not impressed when people say, well, Barack Obama's not Lyndon Johnson. Lyndon Johnson is... NORMAN ORNSTEIN: Today he couldn't be Lyndon Johnson... BILL MOYERS: Couldn't be Lyndon Johnson. BILL MO

t's Even Worse than It Looks, they predicted. "If President Obama gets reelected but faces either a continuing div

r-partisanship. what Norm referred to earlier: If Barack Obama is for something, we have to be against it

nate. Didn't pay off for him in winning the presidency? NORMAN ORNSTEIN: It was a, call it a riverboat gamble, I suppose you could say. Because what Cantor said in that interview was. if we win it all, then we don't have to compromise. They didn't: but the reaction wasn't, all right, now we have to com

of your House Republicans to support a deal like this, that doesn't speak well for the prospects of change. BILL MOYERS: And you say that he, that Cantor more than any other politician helped to create the series of fiscal crises that you described just a moment ago? THOMAS MANN: He really did. He ho

Win in Iraq? 1. Steven Simon Article The National Interest Can Iraq Be Saved? 2. Zalmay Khalilzad Article The Washington Post The result of Obama's do-nothing policy? Iraq. 1 Richard Cohen Article The National Interest ISIS Challenge in Iraq: Why America Should Work with Iran 4. Payam Mo

e Sunnis will be even more isolated than before. President Obama's call for a multiethnic governing coalition asid

information close to the vest. To balance the Goldman Rule — call it a hedge — I invoke one of my own creation: the Rule of the Worse. You thought Cantor was bad? Look who's coming after. You thought you can't get more evil than al-Qaeda? Look at who's pillaging Iraq, a terrorist group that even al-Q

the screenwriter, is one of my favorite philosophers. "Nobody knows anything," he once wrote. I thought of him when the politically indestructible Cantor got trounced. What happened? Theories galore, but the salient fact is that nobody saw it coming. EFTA00706976 It was the same with the stock mark

ELSKY JR,J DAVID ACKERMAN,LEONARD I BARACK,PETER J CASTILFORTI LLC LAMB,KARYN

B VENTURES OF PB INC SCHOTT,LEWIS M KANTOR,GEORGE APPLES,STEVEN L FISHER,KATHL

higan Confidence Sunday: Greek Elections & French Parliamentary elections (Round 2) Key Events on the Horizon TBA (June) - Supreme Court ruling on Obama's Affordable Care Act June 17 - Greek presidential elections & French Parliamentary elections (Round 2) June 18-21 - Oliver Wyman & Roland Berger a

Key Research: Key Research: Key Research: Key Research: Key Research: Jeff cuts ADBE, Citi upgrades BBY, Sterne Agee initiates BPOP (neutral), Cantor initiates IMGN (hold), GS upgrades RF (buy), JMP downgrades HGSI, DB upgrades ATI/CEDC (buy's) & downgrades ABB, Raja downgrades SAPE, Lazard initi

gage Applications, Treasury to sell $24B of 10yr notes, China CPI/PPI, Earnings (CVS, IR, RL, S, TWX, WYN, AKAM, CSCO, NWSA, PRU, V, WFM) Thursday: Obama to meet w/Italy's Monti at White House, Wholesale Inventories, Treasury to sell $16B of 30yr notes, BMO Infrastructure & Utilities Conference (Toron

des UNA NA Key Research: Barcap downgrades RDSA LN & upgrades BBT, Think initiates IART/TH0R/REGN (buys) & HTWR (sell), MKM cuts MRK Key Research: Cantor initiates CUBE (buy) & SSS (hold) & EXR/PSA (sells), UBS downgrades ALV (sell), RBC cuts KMX/IP Key Research: DB downgrades RBS LN/KFRC & reinstate

e/Merkel/Rajoy/Monti meeting in Rome, Sweden & Finland closed for Midsummer Holiday Key Events on the Horizon TBA (June) - Supreme Court ruling on Obama's Affordable Care Act Week of June 25 - Moody's to publish impact on Spain banks stemming from June's sovereign downgrade June 28/29 - EU leaders

AFFX (convert) IPO's: N/A Key Research: William Blair initiates TIF (mp), Think initiates CTXS (hold), Sterne Agee downgrades ATHN Key Research: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/COL (sell) & upgrades TSO, Barcap upgrade

I, New Home Sales, Eurozone Flash PMI April, Earnings (APD, BA, DAL, DOW, DPS, GD, IR, NOC, PG, AAPL, FB) Thursday: Durable Goods, Kansas City Fed, Obama visits Japan, Draghi speaks @ 5am EST, Earnings (ABC, AET, BTU, DNKN, GM, HSY, LO, MMM, UPS, WM, CB, MSFT, V, SBUX) Friday: Markit US PMI, Michigan

dings (FRSH) launches IPO (anticipated pricing May 1) US Key Research: • Barcap downgrades QEP, Brean initiates FSLR/SPWR (buy) & SUNE (hold) ••• Cantor upgrades NFLX (buy), Citi upgrades SRPT, CS upgrades FB ••• GS initiates HIVEJTVVOU (buy) & upgrades SMLP/NCLH (buy), Imperial initiates VRNS (op)

Map Pharmaceuticals (MAPP) for $958 million ($25/share = 60% premium to close) • Governor of Nebraska approves revised route for Keystone pipeline, Obama must now decide (NYT) • Siemens O1 sales inline, op profit ahead, confirms guidance, sees 2013 sales close to 2012 (trading -0.88%) • Unilever so

erian Utilities: (reinitiate o/p EDP PL & GAS SM , neutral EDPR PL, u/p ANA SM, EGPW IM, ELE SM, IBE SM) • Exane upgrade MPI LN, GS upgrade SGSN VX, Cantor initiates IHG LN &AC FP (buys) • JPM downgrades (BDEV LN, BWY LN, BVS LN, RDW LN, TW/ LN), SocGen downgrades (ADN LN, HGG LN, CABK SM, SK FP) • Be