Category Archives: Money

CNN Evacuates Due To Bomb Threat

By: Nicole Chavez of CNN

Police and CNN have issued an all-clear message after the network’s New York offices and studios were evacuated Thursday night because of a phoned-in bomb threat.
“The NYPD has now given us the all clear, and employees have been permitted to return to the building,”CNN Worldwide president Jeff Zucker said in an internal memo to staff. “The building is secure and safe for everyone to return in the morning.”
“We appreciate the swift action by the local authorities, and the patience and professionalism of all the employees who were impacted.”
The threat was not substantiated, the New York Police Department tweeted. 
The threat came Thursday night when a caller indicated there were five devices in the building, according to a law enforcement source. 
Several fire alarm bells rang inside CNN’s New York newsroom, signaling an evacuation after the call was received shortly before 10 p.m., the company’s security said. 
Staffers evacuated the CNN New York offices in the Time Warner Center building and Don Lemon’s “CNN Tonight,” which had been on a commercial break, was taken off the air.
The network temporarily went to taped programming for about 30 minutes before going live from the street while police investigated.
“We were told to evacuate the building and to do it as soon as possible. We grabbed what we could and got out of the building and now, we are standing outside of the building,” Lemon said.
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White House Wants to End Some Eco Based Subsidies

By: Reuters

White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.

Asked about plans after General Motors Co (GM.N) announced U.S. plant closings and layoffs last week, Kudlow pointed to the $2,500-to-$7,500 tax credit for consumers who buy plug-in electric vehicles, including those made by GM, under federal law.

“As a matter of our policy, we want to end all of those subsidies,” Kudlow said. “And by the way, other subsidies that were imposed during the Obama administration, we are ending, whether it’s for renewables and so forth.” 

Asked about a timeline, he said: “It’s just all going to end in the near future. I don’t know whether it will end in 2020 or 2021.”

The tax credits are capped by Congress at 200,000 vehicles per manufacturer, after which the subsidy phases out. GM has said it expects to hit the threshold by the end of 2018, which means under the current law, its tax credit scheme would end in 2020. Tesla Inc (TSLA.O) said in July it had hit the threshold. Other automakers may not hit the cap for several years. 

Experts say the White House cannot change the cap unilaterally. U.S. President Donald Trump last week threatened to eliminate subsidies for GM in retaliation for the company’s decision.

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Indigenous Woman Forced To Sterilize If They Wanted To See Their Children

By: CBC

As a senator calls for a nationwide review of the forced sterilization of Indigenous women, a lawyer representing a proposed class action detailed the women’s accounts of being sterilized without proper and informed consent.

“In the throes of labour … they would be approached, harassed, coerced into signing these consent forms,” said Alisa Lombard, an associate with Maurice Law, the first Indigenous-owned national law firm in Canada.

The women would be told that they could not leave until their tubes were tied, cut or cauterized, she added, or that “they could not see their baby until they agreed.”

At least 60 Indigenous women are pursuing a class-action lawsuit launched last year, alleging they underwent forced sterilizations over the past 20 to 25 years in Saskatchewan. Each woman is claiming about $7 million in damages.

In most of the cases — some happening as recently as 2017 — the “women report being told that the procedure was reversible,” Lombard said. 

She said the procedures, known as tubal ligation, have had a huge effect on the women.

“Many have had bouts and persistent depression, anxiety — many are no longer with us because of those ailments and those circumstances.”

In a statement to The Current following Tuesday’s broadcast, Indigenous Services Minister Jane Philpott described forced sterilization as “a serious violation of human rights.”

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Stan Lee Marvel Creator Passes At 95

By: Mike Barnes of Hollywood Reporter

Stan Lee, the legendary writer, editor and publisher of Marvel Comics whose fantabulous but flawed creations made him a real-life superhero to comic book lovers everywhere, has died. He was 95.

Lee, who began in the business in 1939 and created or co-created Black Panther, Spider-Man, the X-Men, the Mighty Thor, Iron Man, the Fantastic Four, the Incredible Hulk, Daredevil and Ant-Man, among countless other characters, died early Monday morning at Cedars-Sinai Medical Center in Los Angeles, a family representative told The Hollywood Reporter.

Kirk Schenck, an attorney for Lee’s daughter, J.C. Lee, also confirmed his death to the Associated Press.

Lee’s final few years were tumultuous. After Joan, his wife of 69 years, died in July 2017, he sued executives at POW! Entertainment — a company he founded in 2001 to develop film, TV and video game properties — for $1 billion alleging fraud, then abruptly dropped the suit weeks later. He also sued his ex-business manager and filed for a restraining order against a man who had been handling his affairs. (Lee’s estate is estimated to be worth as much as $70 million.) And in June 2018, it was revealed that the Los Angeles Police Department had been investigating reports of elder abuse against him.

On his own and through his work with frequent artist-writer collaborators Jack Kirby, Steve Ditko and others, Lee catapulted Marvel from a tiny venture into the world’s No. 1 publisher of comic books and, later, a multimedia giant.

In 2009, The Walt Disney Co. bought Marvel Entertainment for $4 billion, and most of the top-grossing superhero films of all time — led by Avengers: Infinity War‘s $2.05 billion worldwide take earlier this year — have featured Marvel characters.

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Is Gerrymandering Killing Democracy?

By: Zachery Roth of Daily Beast

Thousands of would-be voters at risk of being disenfranchised by ultra-strict registration rules. A draconian ID law that could keep Native Americans from the polls en masse. New measures targeting voting by college students. A Hispanic-majority city that moved its lone polling place out of town. 

As the 2018 campaign nears its end, experts who track voter suppression saythis is the worst it’s been in the modern era. In fact, making it harder to vote, especially for racial minorities, now appears to be—with the possible exception of stoking fear over a group of desperate migrants still about 700 miles from the Texas border—the single most important plank of the GOP’s strategy.

Aside from likely giving Republicans an undeserved boost in several key races, the drive to restrict voting has reached a scale that should raise serious questions about the democratic legitimacy of our elections. And alongside the extreme Republican gerrymander—currently the only reason why the party has even an outside shot at holding onto the House—it represents a massive structural obstacle to Democrats ever achieving the power their popular support deserves. In other words, Republicans can only win by rigging the game. 

Georgia has grabbed many of the headlines. Secretary of State Brian Kemp reportedly put around 53,000 registrations—70 percent of them from African-Americans—on pending status because of minor discrepancies with the information on state records.

The difference could be as trivial as a misplaced hyphen or a missing middle initial. Those on pending status are supposed to still be able to vote by showing ID, and two late-breaking court rulings softening some of the rules may help. But given the likely level of confusion that’s been kicked up, how it all will play out is anyone’s guess.

Kemp also has aggressively purged Georgia’s voter rolls, raising serious concerns that eligible voters have been wrongly removed. Since 2016, he has scrapped over one in 10 names. And in the four years before that, he purged 1.5 million, twice as many as in the previous four years.

The likely chief beneficiary of these strict policies? That would be Kemp himself, the Republican locked in that super-tight race with Democrat Stacey Abrams, who’s bidding to be the nation’s first ever female African-American governor. Oh, and just for good measure, back in 2014 Kemp, on flimsy evidence, launched an aggressive investigation into a voter registration group serving mostly minority voters that Abrams had founded, significantly stymieing the group’s work.

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Swedes Receiving Tech Injections

By: NPR

Technology continues to get closer and closer to our bodies, from the phones in our pockets to the smartwatches on our wrists. Now, for some people, it’s getting under their skin.

In Sweden, a country rich with technological advancement, thousands have had microchips inserted into their hands.

The chips are designed to speed up users’ daily routines and make their lives more convenient — accessing their homes, offices and gyms is as easy as swiping their hands against digital readers.

They also can be used to store emergency contact details, social media profiles or e-tickets for events and rail journeys within Sweden.

Proponents of the tiny chips say they’re safe and largely protected from hacking, but one scientist is raising privacy concerns around the kind of personal health data that might be stored on the devices.

Around the size of a grain of rice, the chips typically are inserted into the skin just above each user’s thumb, using a syringe similar to that used for giving vaccinations. The procedure costs about $180.

So many Swedes are lining up to get the microchips that the country’s main chipping company says it can’t keep up with the number of requests.

More than 4,000 Swedes have adopted the technology, with one company, Biohax International, dominating the market. The chipping firm was started five years ago by Jowan Osterlund, a former professional body piercer.

After spending the past two years working full time on the project, he is currently developing training materials so he can hire Swedish doctors and nurses to help take on some of his heavy workload.

“Having different cards and tokens verifying your identity to a bunch of different systems just doesn’t make sense,” he says. “Using a chip means that the hyper-connected surroundings that you live in every day can be streamlined.”

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Can Trump Ban Birthright Citizenship ?

By: Greg Sargent

Having spent the past few weeks absurdly hyping the “caravan” of Central American migrants into a national emergency, President Trump is now rolling out a new stunt: He’s claiming he intends to sign an executive order ending birthright citizenship.

Trump told Axios in an interview that he plans to act unilaterally to end the 14th Amendment’s guarantee that all persons born in the United States are automatically citizens. Ending birthright citizenship is something Trump floated during the campaign as part of his immigration agenda, arguing that undocumented immigrants are crossing the border to drop babies on our soil, thus making them citizens.

Trump is now saying he can do this via executive order.

“It was always told to me that you needed a constitutional amendment. Guess what? You don’t,” Trump told Axios. “You can definitely do it with an act of Congress. But now they’re saying I can do it just with an executive order.”

“We’re the only country in the world where a person comes in, has a baby, and that baby is essentially a citizen of the United States for 85 years with all of those benefits,” Trump added. “It’s ridiculous. And it has to end.” Trump concluded: “It’s in the process. It’ll happen.”

No, it won’t happen.

The idea of ending birthright citizenship — including by executive order — has long been a dream of restrictionists. It was recently floated by former Trump adviser Michael Anton, the creator of the “Flight 93 Election” imagery, which posited that immigration poses an existential demographic emergency to the United States and that bipartisan elites who favor it are carrying out a form of assisted civilizational suicide.

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Judge Rules In Favor Of Man’s Cancer Caused By Round Up

By: Tyler Durden

Having successfully closed on its $66 billion purchase of the agrochemical company Monsanto in June, we suspect Germany’s Bayer AG, is more than a little concerned now after failing to persuade a judge to set aside a jury’s $289 million verdict in the first trial over allegations that its Roundup weed killer causes cancer.

 a San Francisco Jury awarded $289 million in damages to a former school groundskeeper, Dewayne Johnson, who said Monsanto’s Roundup weedkiller gave him terminal cancer. The award consists of $40 million in compensatory damages and $250 million in punitive damages.

Johnson’s trial was fast-tracked due to the severe state of his non-Hodgkins lymphoma, a cancer of the lymph system he says was triggered by Roundup and Ranger Pro, a similar glyphosate herbicide that he applied up to 30 times per year. His doctors didn’t think he’d live to live to see the verdict

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Millennials Have The Power But Are not Using It In The Polls

By : Eric Levitz of Intelligencer

The United States, circa 2018, looks like a place run by people who know they’re going to die soon.

As “once in a lifetime” storms crash overour coasts five times a year — and the White House’s own climate researchsuggests that human civilization is on pace to perish before Barron Trump — our government is subsidizing carbon emissions like there’s no tomorrow. Meanwhile, America’s infrastructure is already “below standard,”and set to further deteriorate, absent hundreds of billions of dollars in new investment. Many of our public schools can’t afford to stock their classrooms with basic supplies, pay their teachers a living wage, or keep their doors open five days a week. Child-care costs are skyrocketing,the birth rate is plunging, and the baby-boomers, retiring. And, amid it all, our congressional representatives recently decided that the best thing they could possibly do with $1.5 trillion of borrowed money was to give large tax breaks to people like themselves.

There are many plausible explanations for why America has embraced “carpe diem” as its governing philosophy. Our ruling political party is dominated by geriatric billionaires and millenarian Christians; our electoral system gives politicians little incentive to prioritize the nation’s long-term well-being over their constituents’ immediate gratification; and the conservative movement’s decades-long assault on “big government” has constrained the public sector’s capacity to invest in the future. But all these causes of American misrule are informed and exacerbated by this overriding fact: Young people vote much less than those who aren’t long for this Earth.

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Pence’s $300k Trip To a Football Game May Have Been A Staged Walkout

By: Chuck Schilken of La Times

Vice President Mike Pence’s early departure from an NFL game last yearbecause of players kneeling during the national anthem was very likely staged and also expensive for taxpayers, according to a new report.

The former Indiana governor visited Lucas Oil Stadium in Indianapolis on Oct. 8, 2017, with the stated intention of being on hand as Peyton Manning’s jersey was retired at halftime of the Colts’ game against the San Francisco 49ers.

But he didn’t stick around long enough for that ceremony or any part of the game.

Pence stood with hand over heart for the playing of the national anthem prior to the game. At the same time, several 49ers players knelt on the sideline, continuing the protest against social injustice started by former teammate Colin Kaepernick.

So Pence left the game, stating later on Twitter, “I will not dignify any event that disrespects our soldiers, our Flag, or our National Anthem” and “I stand with @POTUS Trump, I stand with our soldiers, and I will always stand for our Flag and our National Anthem.”

Trump then tweeted “I asked @VP Pence to leave stadium if any players kneeled, disrespecting our country. I am proud of him and @SecondLady Karen.”

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