Broadly speaking, the latest bill pairs investments in anti-recidivism programs in federal prisons and an expansion of early release credits with changes to sentencing laws. Its authors have worked intently on a set of yet-to-be-released revisions in recent days to accommodate wavering Republicans. Still, the bill is expected to have an impact on thousands of current federal inmates and future offenders. State laws and prisons will not be affected.
“This is beyond unacceptable,” said Nicole Hockley, co-founder and managing director of Sandy Hook Promise. “It is inexcusable. Everyone has the power to stop violence before it starts, and we want to arm as many people as possible with the knowledge of how to keep their schools and communities safe.”
Max interviews Michael Pento of PentoPort.com about the latest in markets and yield curves: does the inverted yield curve even mean anything?
Though the city has already spent $50 million on the renovation, completing the project and finishing out the spaces for the police could easily take $100 million more, according to original estimates. The newspaper tower, now owned by developer Bart Blatstein, would also be expensive to retrofit, especially because modern policing requires tremendous amounts of technology and security. The Nutter-era plan had also envisioned that the city’s medical examiner, morgue, and laboratories would share the space with the police.
Analysis: Actual GDP is more than potential GDP (as estimated by the CBO), which suggests the expansion may be in its final stages.
Chart Framework: I’m currently incrementally negative on the business cycle outlook medium/longer term based on this picture, I’d get incrementally positive medium/longer term around -2.00 on the chart, which would likely only be during or after a recession.
The Likelihood of a Cyber Attack Compared (Jessica S.)
One likely reason that people don’t take the precaution of protecting their IT systems is that many believe an attack is one of those things that just won’t happen to them. So, we decided to take a look at the likelihood of other “won’t happen to me” events, to paint a clear picture of just how common a cyber breach really is.
Will Self-Driving Cars Ever Be Safe Enough? (Michael S.)
Arizona and other states don’t seem to be tracking the numbers on self-driving car miles driven, fleet vehicles, and crashes; or at least making them public like California. Waymo has built up a fleet of 400 test vehicles in Arizona, but California still gets more of the attention. And overseas companies like Bosch, Baidu, Didi, and Changan, have received permits for testing in California. The more the AV test fleets grow, the greater the likelihood of crashes increases.
The rising air temperatures are having profound effects on sea ice, and on life on land and in the ocean, scientists said. The impacts can be felt far beyond the region, especially since the changing Arctic climate may be influencing extreme weather events around the world.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
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