Facebook, Amazon and Google Have a 2020 Problem (Thomas R.)
Rolling Stone can report that Warren, Klobuchar, former Secretary of Housing and Urban Development Julián Castro, Rep. Tim Ryan (D-OH) and ex-Congressman John Delaney will appear on Saturday, March 30th, at the Heartland Forum in Storm Lake, Iowa, to discuss America’s monopoly problem and other rural issues and offer solutions. (Every declared and likely Democratic candidate was invited, a spokesman for the event says.)
“There’s competition in every single one of these cities, whether it’s from big banks or smaller ones,” said Dan Deegan, J.P. Morgan’s head of market expansion. The lender already has hundreds of thousands of retail and business customers in these markets through private banking, commercial banking and credit-card relationships, he said.
The FCC launched the agency’s first high-band spectrum auction for 5G in November. 5G networks are expected to be at least 100 times faster than the current 4G networks, cut delays and allow for innovations in a number of fields.
More than 10.2 million households had a net worth of $1 million to $5 million, not including the value of their primary residence, according to a survey by the Spectrem Group. That’s up 2.5 percent from 2017.
That’s Congress’ reward for sinking the US government $22 trillion in debt… for creating debt bubbles in housing and student loans… for utterly failing to address a broken Social Security system… for wasting billions on things like a broken Obamacare website, defending Congressmen from sexual assault lawsuits… and fighting like children during a government shutdown while millions of Americans were out of work.
Reuters reports that soaring treatment costs and longer life spans have particularly affected Nordic countries. It isn’t just Finland. Sweden and Denmark face similar bleak outlooks for their socialism as well. “Nordic countries, where comprehensive welfare is the cornerstone of the social model, have been among the most affected,” according to Reuters. “But reform has been controversial and, in Finland, plans to cut costs and boost efficiency have stalled for years.”
“We understand that regulatory agencies and customers have made decisions that they believe are most appropriate for their home markets. We’ll continue to engage with them to ensure they have the information needed to have confidence in operating their fleets,” Boeing added.
Powerful people from powerful families with no concern for issues of right and wrong tried to accomplish their goals “by any means necessary.” Religion — the notion the God watches over us and knows when we sin — is regarded as a quaint vestige of the past and a hindrance to achieving necessary ends, both personal and political.
Bunnies, Bombers And Butter (GE Christenson)
Yes, it has worked, but at what cost? The problem exists because dollars are debt based currency, not real money. Funny (fake) money is easy to manufacture and borrow. The U.S. government is officially TWENTY TWO TRILLION in debt and has increased debt an average of 8.9% every year since 1913. Unfunded liabilities add another $100 – $200 trillion in debt.
The Tragedy of Baltimore (tmn)
In Baltimore, you can tell a lot about the politics of the person you’re talking with by the word he or she uses to describe the events of April 27, 2015. Some people, and most media outlets, call them the “riots”; some the “unrest.” Guy was among those who always referred to them as the “uprising,” a word that connoted something justifiable and positive: the first step, however tumultuous, toward a freer and fairer city. Policing in Baltimore, Guy and many other residents believed, was broken, with officers serving as an occupying army in enemy territory — harassing African-American residents without cause, breeding distrust and hostility.
Oil Prices Spike As EIA Confirms Inventory Draw (Thomas R.)
Crude oil prices have been trending higher today on the back of falling Venezuelan and Iranian production, squeezed by U.S. sanctions, and also thanks to an update from Saudi Arabia that it plans to continue cutting its production deeper than it agreed on last December to support prices.
Oil Markets See An Explosion Of Bullish News (Thomas R.)
Meanwhile, the OPEC+ cuts remain in place, and Saudi Arabia has suggested that it would maintain output well below its required levels. As part of the Vienna agreement in December, Saudi Arabia agreed to limit output to 10.3 million barrels per day (mb/d). However, as of March, Saudi officials said that they would only produce 9.8 mb/d. More recently, Saudi Arabia indicated it would maintain the 9.8 mb/d level through April, a sign that even as oil prices inch up, Riyadh would rather err on the side of doing too much rather than too little.
Researchers are examining soil tested for the presence of chemical compounds in neighborhoods destroyed by the 2017 wildfire that swept into Santa Rosa, located in California’s Sonoma County north of the Bay Area, and comparing it to uninhabited land nearby where only trees had burned, Hertz-Picciotto said. In that still-uncompleted study, researchers found nearly 2,000 more chemical compounds in the soil than in uninhabited parkland nearby. Researchers are now working to identify the compounds.
The authors say that with unprecedented action on a global scale — including drastically cutting carbon emissions, improving water management and reducing pollution — humans can achieve a future with less poverty and hunger while preserving the environment.
But our window for action is closing fast.
Gold & Silver
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