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Disney investments'Tremendous loss to America': South Carolina is dumping $105M of Disney investments due to 'structural rot' in the company — Treasurer warns the sane people are now gone. Time to sell DIS?https://www.yahoo.com/finance/news/tremendous-loss-america-south-carolina-173000263.html
“I think it's clear to anybody paying attention that there's a structural rot inside of Disney. It's deep, it’s pervasive, and I suspect Bob Iger, since his return as the CEO, now realizes it can't be fixed,”
EIA projections indicate global energy consumption increases through 2050, outpacing efficiency gains and driving continued emissions growth
https://www.eia.gov/pressroom/releases/press542.php
US production of planet-heating fuels hits record levels
https://www.yahoo.com/news/us-production-planet-heating-fuels-173627929.html
U.S. oil and gas companies extracted record amounts of planet-warming oil and gas in 2023 — a year that was the globe’s hottest in recorded history.
New reporting from The Guardian on Monday found that the U.S. government is planning for oil and gas production levels to stay at “near-record levels” until mid-century.
The U.S., like most wealthy nations, has picked 2050 as the date by which it will zero out the greenhouse gases released by burning gas, oil, and coal.
Doubters Beware: U.S. Oil Production Is Setting New Records
Given the fact that the Biden Administration hasn’t exactly been friendly to the U.S. oil industry, some may be puzzled by this production surge. There is a simple explanation. The price of oil, and technological innovations like hydraulic fracturing, are much more significant than any president’s policies.
https://www.forbes.com/sites/rrapier/2023/10/08/doubters-beware-us-oil-production-is-setting-new-records/?sh=6c4795686767
US oil exports hit 3.99 million barrels a day in the first half of 2023, according to the EIA.
https://www.yahoo.com/finance/news/more-oil-supertankers-ever-headed-041708994.html
U.S. crude oil production will rise to 12.9 million bpd in 2023...Nov 7 (Reuters) - U.S. crude oil production this year will rise by slightly less than previously expected while demand will fall, the U.S. Energy Information Administration (EIA) said on Tuesday.
The EIA issued the new outlook after Saudi Arabia and Russia extended voluntary production cuts of 1.3 million barrels per day through December as demand concerns weigh.
U.S. crude oil production will rise to 12.9 million bpd in 2023, the agency said, compared with its previous estimate of 12.92 million bpd.
https://www.reuters.com/markets/commodities/us-crude-output-rise-by-less-than-previously-forecast-2023-eia-2023-11-07/
California water crisis?
more like an allocation mismanagement agenda.
To be precise, agriculture in California uses about 80 percent of the state's developed water supply but only 40 percent of the state's total water. How does that work?
If you're looking at total freshwater use in California, roughly 50 percent is actually set aside for environmental purposes — i.e., it's allowed to stay in streams or wetlands to maintain ecosystems. Another 40 percent or so goes to agriculture, and the remaining 10 percent goes to cities and towns. (These precise numbers fluctuate between wet years and dry years.)
So, of the water that's stored behind dams and in reservoirs and is intended for economic purposes — what's known as the "developed water supply" — about 80 percent goes to farms and 20 percent goes to cities and towns. But that's why you often hear different numbers bandied about.
http://www.vox.com/2015/4/1/8326555/california-water-restrictions
U.S. payments on debt spike to $659 billion, nearly doubling in two years
The U.S. government spent $659 billion this year paying off the interest on its debt, according to a Treasury report released Friday, as the nation's widening fiscal imbalance and the Federal Reserve's rate hikes dramatically raised the federal cost of borrowing.
https://www.yahoo.com/news/u-payments-debt-spike-659-202342513.html
Parents’ rights groups march outside Gavin Newsom’s Fair Oaks home in ‘War on Children’ rally
https://www.yahoo.com/news/parents-rights-groups-march-outside-204833408.html
Debt Exceeds Income in All But One State — 10 States Where Inflation Is Having Biggest Negative Impact
https://www.yahoo.com/finance/news/debt-exceeds-income-one-state-134752246.html
Dollar's reserve currency status depends on U.S. controlling spending, 'bond king' Gundlach warns
https://www.yahoo.com/finance/news/dollars-currency-status-depends-u-132115414.html
Legalized prostitution (loitering) Newsom Senate Bill 357 causing businesses problem
Report shows blue counties have higher murder rate than red, calls out 'flawed' studies promoted by top Dems
https://www.yahoo.com/news/report-shows-blue-counties-higher-120003705.html
The fast-growing energy source which will power the future: Yes, it's coal
https://www.yahoo.com/news/fast-growing-energy-source-power-121634112.html
The simple fact of the matter is that both the Xi Jinping government in China and India’s government, led by , consistently choose to prioritise the maintenance of their national energy security above climate goals set at annual conferences like the upcoming COP 28 conference in the UAE. Like many other developing nations, India and China have been rational actors when it comes to fulfilling the energy needs of their societies, choosing factors like affordability and reliability over the Western norm of policymaker virtue signaling.
San Francisco Bay boaters forced to fight off 'pirates' as seafaring bandits ravage community
https://www.yahoo.com/news/san-francisco-bay-boaters-forced-080029890.html
Leaked Document Reveals Biden Admin’s Ukraine Corruption Worries: Report
Alex Nguyen
Mon, October 2, 2023 at 7:51 AM PDT·1 min read
https://www.yahoo.com/news/leaked-document-reveals-biden-admin-145126575.html
Plunging US Oil Supply Is Driving Up Prices Around the World
https://finance.yahoo.com/news/plunging-us-oil-supply-driving-191844987.html
Leaders of world’s biggest polluting countries skipping UN climate summit
https://www.yahoo.com/news/leaders-world-biggest-polluting-countries-100016517.html
45 Communist Goals - In Congressional Record 1963.
https://www.ethanallen.org/45_communist_goals_from_58_years_ago
Between 30%-40% of all food is thrown away in the U.S. each year; that’s around 119 billion pounds, most of which ends up in landfills.
https://www.feedingamerica.org/our-work/reduce-food-waste
Since food production requires lots of energy and uses up lots of land, food waste is an environmental problem — especially considering that between 8%-10% of planet-warming carbon pollution is linked to unconsumed produce.
https://www.yahoo.com/news/chef-reveals-surprising-reason-why-210000985.html
Nobel Prize-winner Clauser Signs “There Is No Climate Emergency” Declaration
https://thenewamerican.com/us/environment/nobel-prize-winner-clauser-signs-there-is-no-climate-emergency-declaration/
A breakdown of the taxes and fees in California gas prices
https://www.cbs8.com/article/traffic/gas-prices/gap-between-californias-gas-prices-and-the-us-has-never-been-larger/509-17522867-a344-4cbc-bc5d-ac617eb21268
For every gallon of gas in California, we pay:
54 cents in state excise tax: among the highest in the nation
18.4 cents in federal excise tax
23 cents for California's cap-and-trade program to lower greenhouse gas emissions
18 cents for the state's low-carbon fuel programs
2 cents for underground gas storage fees
An average of 3.7% in state and local sales taxes
"You don't see a lot of political leaders getting furious about high gas prices in the way you would kind of expect them to, because it is actually a great bailout for a lot of city governments,"
‘We’ve lost our advantage on education’: Democrats grasp for wins on public schools
https://www.yahoo.com/news/ve-lost-advantage-education-democrats-110000237.html
Analysis shows Ohio's new universal voucher program already exceeds cost estimates
https://www.yahoo.com/news/analysis-shows-ohios-universal-voucher-184409387.html
State education officials could not provide specific numbers for each income bracket in the voucher program, but a department spokeswoman said about 92% of awards made so far were for students that fell in the lowest (450% of federal poverty rate or lower) income band.
The real reason Americans are fleeing California
https://www.yahoo.com/lifestyle/real-reason-americans-fleeing-california-120129464.html
Antagonistic narcissism and psychopathic tendencies predict left-wing antihierarchical aggression, study finds
https://www.psypost.org/2023/05/antagonistic-narcissism-and-psychopathic-tendencies-predict-left-wing-antihierarchical-aggression-study-finds-163497
Gun threats against San Diego police officers are at a five-year high
https://www.yahoo.com/news/gun-threats-against-san-diego-202307083.html
in California, where an estimated 171,000 people — or 30% of all homeless people in the U.S. — are homeless.
https://apnews.com/article/homeless-california-study-poverty-high-rent-a2a4bfc9b386cb70fdd14d593f31b68c
Over 100 former clerks of Justice Thomas sign open letter defending his integrity, independence
Brianna Herlihy
Tue, August 29, 2023 at 9:43 AM PDT·5 min read
https://www.yahoo.com/news/over-100-former-clerks-justice-164318714.html
The New York Fed just reported that credit card, auto loan delinquency rates are now higher than before the pandemic — will things get worse before they get better as student loans come due?
Bethan Moorcraft
https://www.yahoo.com/finance/news/york-fed-just-reported-credit-130000532.html
How 'shrink' became the biggest story in retail
https://finance.yahoo.com/news/how-shrink-became-the-biggest-story-in-retail-113229908.html?fr=sycsrp_catchall
'The Cracks Are Starting To Show': Kevin O'Leary Warns That Energy, Food Inflation Isn't Going Away Due To The Trillion Dollars In Printed Money — But He Knows How To Take Advantage
https://www.yahoo.com/finance/news/cracks-starting-show-kevin-oleary-161152429.html
US inflation means families are spending $709 more per month than two years ago
https://www.yahoo.com/finance/news/us-inflation-means-families-spending-152538845.html
Matt Egan, CNN
Fri, August 11, 2023 at 8:25 AM PDT
US inflation has had a snowballing effect on family budgets.
The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics.
Biden admits Inflation Reduction Act had 'less to do with reducing inflation' than he originally said
https://www.yahoo.com/news/biden-admits-inflation-reduction-act-232816310.html
US government borrowed $1.6 trillion in past 10 months: estimate
https://www.yahoo.com/news/us-government-borrowed-1-6-212735494.html
inflation
3/14,2022 During a press conference, Pelosi claimed the Democrats’ massive spending bills are “non-inflationary because of the way it is written.”
https://thehill.com/opinion/finance/3697972-how-responsible-is-biden-for-high-inflation/
https://datavisualizations.heritage.org/markets-and-finance/the-biden-inflation-tracker/
https://www.foxbusiness.com/politics/bidens-big-spending-in-review-2021
https://reason.com/2022/11/29/bidens-spending-spree-is-unprecedented/
Americans' personal savings have collapsed by an eye-watering $5.5 trillion since April 2020 thanks to soaring inflation, according to Barchart.com
https://www.yahoo.com/finance/news/5-5-trillion-savings-wipeout-204546794.html
Large swaths of the US grid could be vulnerable to blackouts this summer
https://www.yahoo.com/news/large-swaths-us-grid-could-073000838.html
Millennials are sinking under the weight of their debts, having added a record $3.8 trillion at the end of 2022. Here’s what’s driving that — plus 3 tips to get your head above water
https://www.yahoo.com/finance/news/millennials-sinking-under-weight-debts-130000850.html
Assembly bills 665, 957 and 223,
Parents fighting custody battles could be liable for child abuse if they don't "affirm" their kids' gender under the recently amended AB 957. The legislation, if it becomes law, would require judges presiding over such disputes to favor the parent who best "affirms" the minor's preferred identity, though it doesn't outline what "affirmation" includes.
The average salaries for the highest-paying majors for bachelor's degree recipients are:
Operations Research: $112,000
Naval Architecture and Marine Engineering: $109,000
Computer Science: $105,000
Marine Transportation: $104,000
Computer Engineering: $99,000
Veterinary Medicine: $97,500
Petroleum Engineering: $97,000
Systems Engineering: $95,000
Pharmaceutical Science: $94,000
Electrical, Electronics and Communications Engineering: $92,000
The average salaries for the most popular majors for bachelor's degree recipients are (in descending order from most popular):
Business Administration: $58,000
Nursing: $76,500
Psychology: $43,000
Criminal Justice: $47,000
Accounting: $64,000
Communications: $49,000
Teacher Education: $42,000
Biology: $49,000
Liberal Arts and Humanities: $44,000
Health and Physical Education: $47,000
This story was originally featured on Fortune.com
To meet EV demand, industry turns to technology long deemed hazardous
https://www.yahoo.com/news/meet-ev-demand-industry-turns-201135755.html
Why Nigerian Immigrants Are One of The Most Successful Ethnic Group in the U.S.
https://medium.com/@joecarleton/why-nigerian-immigrants-are-the-most-successful-ethnic-group-in-the-u-s-23a7ea5a0832
https://news.ku.edu/2020/06/18/study-shows-african-immigrants-do-well-despite-differences-among-them
https://www.workingimmigrants.com/2021/04/the-amazing-educational-success-of-nigerian-americans/
Oklahoma says 13 major financial institutions are boycotting the oil and gas industry
76
Dale Denwalt, Oklahoman
Fri, May 12, 2023 at 3:32 PM PDT
An oil rig in the Delaware Basin.
An oil rig in the Delaware Basin.
https://www.oklahoman.com/story/news/politics/government/2023/05/12/oklahoma-oil-gas-industry-state-treasurer-bank-list-wells-fargo-jpmorgan-chase-bank-america/70209155007/
Oklahoma's state treasurer has issued a list of 13 financial institutions that he says are boycotting Oklahoma's oil and gas industry and shouldn't be allowed to do business with the state.
Last year, lawmakers targeted financial institutions and investment managers with environmental, social and governance (ESG) policies that limit the companies' involvement with oil and gas companies. Basically, if a big bank refuses to do business with someone whose primary business is the fossil fuel industry, Oklahoma won't do business with the big bank.
Which companies are on the list?
The 13 companies Treasurer Todd Russ identified that met the state's definition of an oil and gas boycott or did not reply to his questionnaire include:
- ADVERTISEMENT -
Blackrock
Wells Fargo and Co.
JPMorgan Chase and Co.
Bank of America Corp.
State Street Corp.
Grosvenor Capital Management
Lexington Partners
FirstMark Fund Partners LLC
Touchstone VC Global Partners
WCM Investment Management
William Blair
Actis LLP
Climate First Bank
More: Is Oklahoma's fight against pro-environmental policies hurting business recruitment?
What happens next?
State agencies with assets managed by any of these companies, or agencies that contract with these companies in any way must now divest at least half of those assets within six months. All assets must be divested within a year. The law includes several exemptions that would allow an agency to avoid divesting, including when doing so would result in lost value of those assets.
"The energy sector is crucial to Oklahoma’s economy, providing jobs for our residents and helping drive economic growth," Russ said. “It is essential for us to work with financial institutions that are focused on free-market principles and not beholden to social goals that override their fiduciary duties.”
Investment management company Blackrock met with Gov. Kevin Stitt on Wednesday. The next morning, when asked what he and Blackrock representatives talked about, Stitt said this:
"BlackRock doesn't want to turn into the next Bud Light, that's for sure," Stitt said, referring to conservative anger over a Bud Light promotion featuring influencer Dylan Mulvaney, who is transgender. "What we said is, as soon as you stop attacking the oil and gas industry, as soon as you stop pushing a political agenda with our pension funds, we're happy to do business with you."
This article originally appeared on Oklahoman: Why Oklahoma has beef with Wells Fargo, Blackrock
Abolishing the Electoral College would require a constitutional amendment. The amending process requires a high level of agreement amongst Congress/states to get one added to the Constitution. Any proposed amendment would need 2/3rds vote from both houses of Congress, so 290 votes in the House, 67 in the Senate. Then it goes to the states and 3/4ths, or 38 states, need to ratify it to be added. A tall order indeed, which is why after the Bill of Rights, there have only been 17 more added to the Constitution. While Clinton makes some interesting arguments and agrees it'd be challenging to develop a new system for voting for president, in reality, IMO, it's never going to happen. Not in this political climate at least. With the way the two parties are currently structured, the Democrats would dominate more than likely and the Republicans, I'm sure, are fully aware of this.
Advanced Clean Transportation Expo in Anaheim, California, or ACT Expo,
https://www.actexpo.com/
May 1-4
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