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Jerry. Promoting dirty coal when he is heavily invested in this field. Epipen prices sky high when his daughter was the CEO of the company selling them. If this is taking care of you constituents, god help us?
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Adam The rare earths, though widely scattered, are rarely present in sufficient quantities to support the difficult processes to mine and refine them.Neodymium, a rare earth used in powerful magnets, is $4.50 an ounce. Lithium spot price is currently around $2.20 per ounce. Compare these to rhodium at $12,000 per ounce. And rhodium, used in catalytic converters, isn't even a rare earth.
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Bill "Partnerships used by Wilbur Ross, a billionaire investor helping to shape President Donald Trump’s trade policy, have a 31 percent stake in Navigator Holdings, which the New York Times said earns millions of dollars a year transporting gas for Russian petrochemical firm Sibur.Gennady Timchenko, a Russian oligarch and Putin associate subject to U.S. sanctions, and Putin’s son-in-law, Kirill Shamalov, are Sibur stakeholders" Nov 2017
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JustMe According to the National Center of Education Statistics, the United States spends $14,400 per full-time student at the elementary and secondary level which places us fifth in the world in spending per student while the Reason Foundation reports that inflation-adjusted per-pupil spending rose in 49 out of 50 states between 2002 and 2020 even as half the U.S. saw declining enrollment.Thus the problem with our educational system is not a lack of resources but rather that the "gutting" has come from within. Is there really anyone left in America other than Randi Weingarten and her union pals who believe that more money will solve our admittedly dismal and dysfunctional schools?Maybe the myth of underfunded education can be covered in the next edition of this book.
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Dearson But the tricks they're using will only compensate for being outnumbered to a certain point. hence the growing desperation, and the authoritarian lurch toward a non-democratic system where voting and the will of the majority don't matter. If our system of choosing leaders looks anything like it does now in 10-15 years the window will be closed on them for good. This is also why the focus on schools and the school curriculum - they need to brainwash a new generation or their way of thinking dies (what most of us see as a good thing is the apocalypse in their eyes).
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Emma, the SAT test score counts less then than connections that student brings and any family wealth. A name and a pedigree opens more doors in this country then work ethic and intelligence any day of the week. It is why colleges have legacy students and it’s why some of the top colleges do not publish an absolute minimum for the SAT scores. That being said they will just pick another metric that only wealthy people can afford to do.
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What a great piece. We live in Miami, our kids go to a private school in Coconut Grove. My wife grew up here, and also went to school in the Grove. And we sat in those same white plastic chairs at Scotty's, eating delicious (and better priced) grilled fish sandwiches served with unpretentious fries, back before Maimi's Republican Mayor and the city commissioners took the lease away to give it to favored donor to build the restaurant monstrosity with neon lights and $30++ entrees and $20++ drinks now occupying that real estate adjacent to Miami City Hall. Sigh. It's legal self-dealing and patronage, demonstrating why so much money underpins elections for what should be humdrum public service roles.Regarding DeSantis, this would-be emperor really has no clothes. However, I liked the fairness of the piece, that acknowledged that all of Florida's problems aren't DeSantis's sole or individual fault (of course), however, its how he chooses to prioritize his time in office that is damning. Seemingly EVERY CHOICE is weighed with how it improves his attractiveness to today's Republican Primary Base, the core FOX NEWS viewer, and whether it will get him on that evening's Tucker Carlson or HANNITY! broadcast. There is ZERO care in the world for bipartisanship, or authentic leadership. But the guy, from his hair coloring to his boots with 2-3 inches of height-boosting manliness, to whatever is flattening his stomach, to his red meat policies, is just a cheap empty suit.
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Mike And not enough was made of Trump violating the Congressional spending mandate part of this, at least twice. Once when he held up $400 million of aid to Ukraine, and then again when he diverted Pentagon funds for his useless border fence, which Congress had specifically denied funds to build.
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I have to tell you, without seeming arrogant, that I have an awareness of news and history I have gained since I began delivering newspapers at the age of twelve on Long Island. I love to read news and I love to share my simple analysis, mostly to help others. For months now I have been claiming the stock markets are a Ponzi scheme and the wealth is being horded outside the country for the wealthy to escape to when history's of nations once again emerge here. So vast markets wealth, your pensions, are outside the country. So what if I'm right about markets being Ponzi Schemes? They do have an automatic markets shutdown procedure if a run occurs but no one ever said how long it would last. Perhaps everyone can take some money out of the markets gradually and invest it here in the states? I think you all should. '29 was not a good year and let's not have another, and ah, what did happen to all the tangible things the markets money bought? The investors didn't get it.So what if? Is this why Republicans are panicked over budget expansion from debt? Would enormous new debt show up the schemes? I think they already did by virtue of past and present efforts to hold down the debt. Are Republicans serving the rich, you know, as the bear goes? Are Republican notions of "Privatizing" Social Security an alternate name of diversion from their scheme to steal it and to put the Trust fund into the markets and out of federal jurisdiction in other far away places? I do believe so.
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Five years should be the max for brand name top-tier drugs at regular retail. Then they should have to go generic. Companies that invest in research and development deserve some return, but some of this is really hurting people. Xarelto, taken daily if you have AFib, is another example. $500+ a month and it's been over five years. I have decent coverage, for which I am grateful, but I'll hit the donut hole by July.
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Yes, you can do all these things EXCEPT, char over an open flame, since there are no flames. I use my outdoor gas grill for that. You can also turn the heat down so low that you can safely melt chocolate directly in a pan without a double boiler.
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I had a weird experience with a downsizing many years ago. The firm that I was working for put itself up for sale. Stupidly, they stopped taking new orders while this was underway. As a result, I, as a contracts administrator, was no longer needed. However, the production side of the business was swamped, and they offered me a job in the “shop”. Not having any immediate other prospects, I accepted, trading my slacks for coveralls. We worked massive amounts of overtime to fulfill the remaining contracts. When I got my first weekly “blue collar” paycheck, it was $600.00 more than my “white collar” salary. I stopped the guy who laid me off in a hallway one day shortly thereafter and thanked him, saying, “I wish that you had laid me off years ago.”
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Per the article, US global chip-making share slipped from 37% to 12% as Asian countries “provided incentives” to move manufacturing there. Also per the article, a $50B US government investment will raise the domestic manufacturing share from 12% to only 14%. Hmm. $50B for a 2% share is expensive.Supposedly, the $76B US CHIPS act will incentivize $200B in private funds to build US chip-making plants. Not bad for the companies involved, a safe 38% return on their investment. Note: Some of those are foreign companies.The article notes doubt over whether the current companies will build these factories to build the latest-model chips or older ones. Worse, technological advances over the 5-10 years that it will take to build these factories guarantee that, like nuclear power plants, they will be obsolete even before construction is completed.The basic model of US govt subsidies to private entities is financially irresponsible. Better alternatives would be either a US govt share of ownership or a US govt plant. We created the Tennessee Valley Authority to electrify the south, the Manhattan Project to build the A-bomb, govt corporations to dam the Colorado River, and NASA to get us into space. The wisdom of these projects aside, the US govt -can- do good, big things more fiscally responsibly than what the supposed advocates of "free enterprise" really want - fancy forms of taxpayer welfare to their private sector funders.Let's build US chips for -all- our benefit.
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Ukraine will lose this war and when it finally dawns on the people that they have lost, there will be nothing left of their country. It's already a ruined place. No industry, no economic output or investment. The entire government dependent on handouts. Hundreds of thousands of the armed services dead and wounded. They are being used as pawns in this disastrous proxy war initiated and provoked by the U.S. and NATO for this insane attempt of regime change in Russia. It has ruined Europe's economies and accelerated the rise of China and India as well as the BRICS economic alliance that is replacing the West's position in the world. The sooner we stop this the better chance we have of reversing this decline of the West and the rise of the East.
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In his essay on Avant-Garde and Kitsch the critic Clement Greenberg refers to the golden umbilical cord that nurtures practitioners of cutting-edge culture, linking their development to necessary sources of sustenance from the realm of general (specifically business or financial) culture.That essay was written a decade or two before the popularity of the New York school avant-garde devolved into the socially chic kitsch of 1950s party dresses and wallpaper stamped with abstract expressionist motifs.In our age, where "high art" is often just a reference to the state of the practitioners, focus has shifted from concern over whether the work is really sufficiently advanced enough to merit the term; it has shifted to the umbilical cord, to the glitter of the gold itself.The promotional merch is developed as part of the launch. Get the book and the keychain and the bobblehead figures into the gift shop before the opening! Can it be any wonder that burgeoning museum attendance numbers mimics the throngs at the cineplex or stadium pop concerts?Vince Lombardi said "Winning isn't everything. It's the only thing." That's the philosophy of many "cutting edge" galleries and museums these days, who provide "shows" offering good selfie shots for people scooting through towards the gift shop. They are capitalist sharks, seeking to beat their competition (or devour them, through mergers and buy-outs) or at least beat their own sales numbers from the prior season.
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My takeaway… it is possible, however unlikely, to beat the odds. Hope (and excellent medical care) are necessary - to say nothing of good fortune and luck. Last week, I was diagnosed with a grim, aggressive form of cancer. The outlook is not great. But I need to stay focused on me, my situation, and my care. I cannot let the numbers, statistics, and most likely result take control of my emotional state. I’m not sailing down the river of denial. But I am determined to keep my eyes up, open, and forward looking. This case gives me hope. Thank you for a well written article.
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Microsoft Bets Big on the Creator of ChatGPT in Race to Dominate A.I. As a new chatbot wows the world with its conversational talents, a resurgent tech giant is poised to reap the benefits while doubling down on a relationship with the start-up OpenAI. When a chatbot called ChatGPT hit the internet late last year, executives at a number of Silicon Valley companies worried they were suddenly dealing with new artificial intelligence technology that could disrupt their businesses. As a new chatbot wows the world with its conversational talents, a resurgent tech giant is poised to reap the benefits while doubling down on a relationship with the start-up OpenAI.
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GerardM you say "...he made more than $15 million during the two years after he left the White House, with the bulk of it coming from dozens of public speaking engagements and book deals."Can you provide a credible cite for this assertion?
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Somewhere - I recently had my kitchen ceiling wallpapered and it cost $75 for the (beautiful!) wallpaper and $320 to have someone (perfectly!) apply it. (No way my neck or skills would have allowed me to do it myself) Admittedly, my kitchen is 8 feet by 8 feet. But, what a POP for not alot of MOOLAH.
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My parents did not control me in the way you describe. No one checked who I was texting. I wasn’t told I couldn’t see certain people or go certain places. I don’t recall a doors open policy or a no alone time policy. I wasn’t even given a curfew. As my father put it you don’t start parenting when your children are teenagers. By that point they either got the message or they didn’t. You hang on for the ride.I’m okay.
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If I were a republican extremist congressman who hated progressive America, I'd try to find the most insidious way I could hammer the country and impact as many "woke" institutional investments as possible.Other than the use of nukes, messing with the Debt Ceiling is the perfect weapon of choice. Herein, the extremists don't even have to block the rise, they can simply THREATEN to block the raise. Because markets are "forward thinking", the mere suggestion is enough wreak havoc and instill fear, the extremist's favorite weapon.Already, global markets are responding negatively in anticipation. Billions in 401Ks are already being lost. Yesterday's market dropped by 400 points and before the market opened today, it was already down another 300 points. It won't be long before assistance to Ukraine is reconsidered which means European unity could dissolve and Russia conquers Ukraine.If there are any moderate republicans, they need to surface at this time and join democrats to neuter this insane act of self destruction.
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Thanks. I do believe the CEO faction of the Republican Party supports "open immigration", in the same way they support outsourcing manufacturing and getting cheap labor wherever they can get it irrespective of national boundaries. I am not saying there is anything wrong with open immigration. Supporting immigration AND immigrants' rights to a social safety net is vital to the world's future, in my view, but is not any part of the Republican agenda.
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Like most job applicants, Ms. Conway offers nothing that opens herself up to criticism. She says nothing about the former president's embrace of radicals rallyed to commit violence leading to death - it happened once, and nothing is in place to stop the same behavior. Counting on the fact that the former president has renewed his NY Times subscription, Ms. Conway submits this essay as part of her personal portfolio of deceptive tactics, hoping to be given the chance to run the same show.
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Scott I agree that consumer demand is important. Every time we drive by our local gas station with our electric car, we realize they are losing the $1600 a year we used to spend there on gas. But litigation is also very important. If we can get trillions of dollars worldwide in judgements against big oil, similar in relative scale to our successes with opioid and tobacco, we can use that money to help convert to sustainable energy.
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Those of us who live in blue states have experienced the weaponization of government for a long time, since we pay all the taxes that support the rogue government that we didn't vote for. These taxes go up every year. They tried to raise my property taxes 25 percent last year, an increase of thousands of dollars. I appealed and won, which meant that they only raised them ten percent, or almost a thousand dollars. They will go up again next year and the next. Too bad we don't have a committee to investigate that, and all the rich tax cheats who pass the bill to us.
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$200,000 for a parking spot. Is that a typo?
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I’ve long said that the EXPANSION of Medicare would be hugely pro-business. Lowering the Medicare eligibility age to 62 would reduce medical insurance requirements for employees and increase entrepreneurship opportunities for older workers.
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In the mid-1980's I moved in with a romantic partner who's rent controlled 1 bedroom walk up on 11th street in the East Village was $226 rent per month. When I moved out 10 years later the rent had increased to a whopping $326!!!Once I gave it up (the building owner was shocked I just handed it back rather than being paid a fortune to leave)...I was making money and rented a 1 bedroom at my favorite area of the village- Lower 5th avenue.The rent commenced at $2,900 per month, quite a leap from $326!! When I left in 2014 it was $3,600 per month...Meaning in 2014 I would need to earn $43,200 just to pay rent before eating or phoning anyone.The owner turned round and rented the same unit for $6,000 the month I left= $72,000. in 2014 rent.Ive moved around since then. My current rent in Rockland county near Nyack is $1,750. 50% Less than I was paying a decade ago.Im not quite certain how those renters in the new Husdon Yards towers can afford those $7-10,000 per month apartments without wealthy parents, or money launderers from overseas.But- there's no place like New York City!
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Mary That 12 dollar carton is probably some specialty egg. Not sure where you live but where I live they range from $2.50-6.00 depending on if they are conventional/free range, etc.
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E9821 I'm guessing the real reason Noma closed is interns couldn't afford the flight over nor the stay over there. The trustfardians found another career to cool their jets for a year or two before their families gave them a job.Unpaid internships is an ugly abusive practice. The more choice the company, the no pay or little pay you get. No matter the hate, having Noma on your resume opened doors. You have to play the game if you want to advance.I don't know why Noma is getting dog piled, when this happens in just about all industries that uses interns/assistants.
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Ronald Miller Desal costs $4 per 1,000 gallons. Cheap if you are thirsty in the desert. Expensive if you grow alomonds.
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roberta ross is correct. What the story didn't say is what the exact amount of real estate on either side of the park is worth, for comparison sake. It's a nice size park and $20 million is a steal. The story also leaves out how the kkk burned crosses in their front yard and harassed the hell out of the Bruces. Jean Harlow's old mansion is just done the street. I bet it's worth 20 million just by itself. When I was student body president at the local high school in 1970, I was told not to ask questions about it, which only made me want to know more. Sounds like Manhattan Beach is still trying to control the situation by manipulating the zoning. I don't see this as reparations. It's more about justice.
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I think a distinction should be made between productive effort and unproductive effort. Yes, a billionaire can build a 100 million dollar house, and employ a lot of people in doing so. That way the wealth gets spread around to the contractors and the workers at least. But the product is really useless, except as a way to impress others. It is like Versailles, really, a massive vanity project. The 100 million could be used to build schools, or hospitals, or homes for veterans. But no, it just goes to feed an ego or two. I regard the fruit beetles and still squirming slashed-apart shrimp (really?) in the same category -- work just wasted on people's egos. In this sense we have become to resemble the excesses of Imperial Rome, except that the excess is now glorified in breathless TV series and on-line social media. We don't have much time left. We should not fiddle while Rome burns. Let's work productively, either to keep our communities and systems up and running or to produce change in the world where so many are living on handfuls of rice and a little protein.
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Dee I’m sorry. I hope your daughter is still safe.I know where I would like to start a discussion. What if we eliminated some major tax loopholes and used that money to start caring for the mentally ill like a country that’s not numb to their humanity? What if we increased taxes on alcohol and cigarettes by a few cents and invested in state-funded addiction treatment centers? Would less people be jailed (possibly saving money) in a country that cared better for the mentally ill and chronically addicted? Would there be less police brutality—and indifference—in a culture that featured more compassion, and potential solutions?
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I am curious, when the headline says that that AbbVie “Made $114 Billion” does that mean it made $114 billion in profits? I did not see any information in the article on what it cost to develop and bring Humira to market or on manufacturing costs. Having that information would give a fuller picture. I am sure that AbbVie made a profit, but is it double their cost? 10 times? 100 times? Without that information there is no way to put a number like $114 billion in perspective.
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I imagine that there are places that could be trimmed in an $817,000,000,000 annual budget for defense.
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The Fed lists the following distribution of wealth at the end of 2022: top .1% $17 trillion top 1% $25 trillion top 10% $54 trillion top 50% $47 trillion bottom 50% $10 trillion.If Congress wants to balance the budget and pay down the debt, why don't they look at where the money is? Elizabeth Warren proposed a 3% wealth tax to pay the debt and how much more will come in yearly from an invigorated IRS.The oligarchs are going to get away with destroying their competition, the Federal government.The Republicans are just their mouth pieces
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I've read several articles about the layoffs and most of the individuals mentioned have been in their late 30's up to late 40's, some with decades of service to their companies.I think it would be eye opening if the government or some non-governmental organization, like AARP or the NY Times, gathered all the statistics on the age off those fired to see if there is any sestemic age bias.I'll wager that there is.
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Hard choice? Seems like the right choice would have been to find a new CEO. The Board supported the easy choice.HR activated the plan. And Natella was on time for the 9:00 AM Team Building presentation from his senior Microsoft Office executives.Microsoft 1 is “wheels up” at 11:30 AM PST for a non stop overnight to Davos.
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DeSantis is dangerous. He is not interested in working, collaborating, or negotiating. He is a bully who is smarter than Trump, younger than Biden. I know the constant celebration of his anti-wokeness and COVID battles are “appealing” to some; but, please look deeper: Instead of leading, he ridicules those who follow science. Instead of compassion, he targets the most vulnerable by ginning up non-issues. Instead of tackling our property insurance and soaring rents, he attacks Disney? Flies migrants, using state tax dollars? He is the ultimate Florida man.
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i expected more financial literacy from Bret at least….his understanding of wealth transfer taxes is straight out of the 1950’s. And no a family from the NY area making $400k a year doesn’t have nor will have a higher rate of audit. I as one of the families would love to see the IRS go after really big fish out there that I know exist, since I’ve worked with them for over 25 years. Here’s a hint of the problem…in the NYC metro area there are over 15,000 CPAs, want to guess how many IRS agents there are in the area? Not15,, 10,5 or even 1,000/fini
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In a more “normal” world, the cost of an epipen would be nowhere near the usd 800 it costs in this country.Our elected officials should strive to eliminate such outrageous prices for medicines which have been in the market for a long time and whose prices are kept artificially high through tweaking the formula and thereby extending the patent.This being said: god bless this good samaritan!
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"not much unites the various factions of the Republican coalition, save opposition to the Democratic Party."Completely true. I'm chair of my red county's Democratic Party. Last cycle we had a dream candidate for the state assembly. He was a well-respected local physician who self-funded his campaign and overachieved with door-knocking and handshaking. He was also running for an newly open seat, and his unqualified Republican challenger ran on a platform of "COVID is God's punishment for abortion."The end result was that there was no noticeable difference from prior elections with much less qualified Democratic candidates. The two county parties in this state legislature district had a post-mortem with the candidate, and our conclusion was that the dominant factor in elections here is that Republicans have been very successful in inventing and propagating cartoon caricatures of what Democrats supposedly believe and that our strategy going forward must be to relentlessly debunk them.
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Olmstead Well said...Not only has Roberts failed to rein in the "Gang of Five" that seem hell bent on destroying any semblance of 'balanced" judicial views and opinions; but remains just what McConnell & Trump appointed them to do. Turn SCOTUS into a Kangaroo Court of fanatical right-wing ideology, devoid of any real pretense of open minded restrained personal prejudice of any kind. No wonder they occupy a mind boggling 25% approval rating. At this rate they have only one way to go; and it isn`t. up!!!
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"... the Red Hill oil leakages ..."Red Hill is scheduled to be closed. See this statement at the defense.gov web site:"Statement by Secretary of Defense Lloyd J. Austin III on the Closure of the Red Hill Bulk Fuel Storage Facility"March 7, 2022And the EPA has extensive documentation on Red Hill. A web search for "Red Hill EPA" will find more.As for the cost of the dolphin program, the article says the "overall required budget [is] $40 million this year."That is miniscule compared to the $715 billion DOD budget, which is published online.See "FY 2022 Defense Budget" at the defense.gov web site.
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Re the sentence in the harrowing opening paragraph: “The catheter to deliver the anesthesia should have gone about four inches into her lower back. Instead, he kept inserting the line, threading it in and up more than 13 inches, a state medical review board later found.” The needle only goes 4in. The catheter gets inserted to 20cm then withdrawn to 6cm farther from the needle. This doc made egregious errors, but this was not one of them.
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Early this morning I accepted an invitation for later today to go for a walk at a nearby State Park. My inclination was to say ‘no’; for heavens sake I’m busy finishing up a sewing project, scrubbing the floor, tending my greenhouse, working out…. Wait, what? My friend, who lives by herself in a cabin at the end of a dirt road, whose car was on the fritz over the holidays, wants to go for a walk and I’d rather stay home to workout indoors on a beautiful sunny day? I sucked it up and said ‘yes’. Thank you for reinforcing my decision with today’s challenge. Committing to a friend feels like a heart opening exercise.
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Sanctions work by weaponizing the dollar’s role as the primary reserve currency in international trade. Countries which run afoul of the US’s self-defined “rules-based international order” are not allowed to trade in dollars. This is supposed to cause them economic hardship.The problem is not just that sanctions may fail in their intended effect, as we see here in the case of Russia.It’s that, over time, sanctions and unilateral asset seizures such as the US’s “freezing” (or theft, in other words) of Russia’s USD reserves will have an *unintended* effect. Countries insisting on the right to pursue their own interests regardless of US wishes will seek to replace the dollar. Alternative mechanisms of trade and money transfer will be developed. This has already begun, a notable instance being Saudi Arabia’s threatening to ditch the dollar when trading oil with China.Here’s the thing. The dollar’s role in international trade is the only reason the US retains any credit at all, given that federal debt is $31 trillion while annual deficits and spending are ever increasing. Because of that role, the dollar is still considered a safe haven for investment.However, as the dollar is gradually replaced — “de-dollarization” — , it will become a less safe haven for investment. The US will find it more and more difficult to sell its debt. The potential consequences for the US economy and way of life are dire. Super inflation and austerity budgets are not inconceivable.
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Your math suggests that Harry spends $6M per year. Reducing expenses is another option. Or Meghan could return to her lucrative career. They left to be independent so do that.
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I was struck by:The seeds of the Tea Party movement were sown by discontents among a threatened white majority, or what Mr. Trump later called “the forgotten men and women of this country.”I have known professional colleagues and neighbors who adhere to the above feeling of being aggrieved. Yet I have watched their relative economic success continue without any evidence of hardship. They have not lost their homes, had to declare bankruptcy (save one who forged business partners signatures). Thus, I do not understand the existential fear of losing out or having something taken. The people are fear are the criminal fraudsters who actually steal other people’s money. Kennedy forged a path that committed vast amounts of US dollars in the Space Race and that spending continued with DARPA. The computer age has created great wealth for this country and has enabled many to earn a comfortable living. Not all government spending is evil.
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Dan G And I'll bet that $5.50 didn't include a "convenience charge" and a "service charge" and a "delivery charge" levied by Ticketmaster that effectively doubled the price. (Just a wild guess.)I miss the days of being able to stand in line, buy a ticket, and attend a show -- just like that. Without the tech bros from Silicon Valley and the corporate ten-percenters in NYC also getting their cut.
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Abortion should be rare because we reduce unwanted pregnancies via the aggressive expansion of healthcare coverage, not because we guilt-trip women into continuing crisis pregnancies. (The Family Van in Boston drives to poor neighborhoods for treatment of both chronic illness and mental health.) The most important word herein is "wanted", as in no one wants to continue a late-stage pregnancy more than the mother. But genetic defects are often not visible until the 4th or 5th month, when the fetus is larger. ... Abortion isn't a hobby, Hobby Lobbyists. From open-carry to WMD lies to healthcare denialism, the reductio of conservatism is violence, needless and preventable suffering and death.
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Nan from CT I bet that I could make $60 mil last more than a decade.
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Meaningless exercise. So much missing. Was this written by a well meaning high schooler?In my small coop—8 units—no one makes less than 100k. (Except for me-I chose a low paying career but have a high earning partner). Heck, for some this is their extra home for fun times in the city.Some are two person earners making close to 1M combined. Life is a breeze for people in the building. They are entitled, cheap and greedy—they are a-okay head in the sand suburban Park Slopers. Of course life isnt so easy for many but deeply feeling that and addressing what sustains that inequity receives only words and gestures.
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Oh, please. This is the first time the Republicans have cared about limiting anyone buying a gun.Look, no one said that Hunter Biden was perfect, but the laptop was tampered with (per the WaPo independent investigation) and he didn't look the other way when a journalist was carved up by the Saudis in exchange for $2 billion. A journalist on Mastodon just said that the model of the Hunter laptop (analyzed by serial number, etc) wasn't even available until a few months after it was supposedly taken in for repair. Would be great if that could be explored, too.
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They make their money by charging for access. There is a cost for generation using the IT infrastructure- often referred to as tokens. Using OpenAI Playground, for example, leads to payment for to number of tokens you have used. It’s not that much.With ChatGPT (also from OpenAI) that is currently free as it is being tested. It will have a cost at some point.Other companies build a product that leverages the AI (making it easier to use or enabling better results etc). These use subscriptions as a revenue stream.
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These are the highlights of Trump’s Legacy:1 Increased national debt by $ 7,000,00,000,000.2 Left office with fewer Americans employed than when he started {only Herbert/Hoover matched this record).3. Increased America’s trade deficit.4 Drove down American global credibility and trustworthiness to all time low.What is that Trump “needs to finish”?
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Donald Trump Isn’t the Only One to Blame for the Capitol Riot. I’d Know. Only by understanding how the rioters lost faith in government can we figure out how to protect our democracy from future attacks. I spent 12 months holed up in a windowless cubicle den or locked in my home office investigating the Jan. 6 attack on the United States Capitol and working on a report that my fellow investigators and I thought would blow open the story. When it was released, the press described it as “monumental.” This paper called it “damning.” And it was — for former President Donald Trump, since he bears primary responsibility for the attempted insurrection. But the report could only tell part of the story. Only by understanding how the rioters lost faith in government can we figure out how to protect our democracy from future attacks.
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The only responsible party here is American. No one else should have to pay. The cruise company lost the money for this person's slot, as they couldn't resell her spot with less than a day of notice. As these trips usually sell out, I think it's fair that they didn't refund the money. Why should the cruise company take a loss of $17,000 because American messed up? And I don't get why American's incompetence is the travel insurance company's fault either. American should pay, as they eventually did. Faulting the other companies is wrong. Also, incompetent customer service agents are maddening...the ones who aren't very smart, but they get a little power, and they double down on their incompetence. Maddening.
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These may have been the folks who prevent the "troubleshooter" in Microsoft products to function in any way. Perhaps there's hope.
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Steven H. Would have to be late fees in billions of $ w/ the enforced collection of fines of billions of $ for non-return in order for Trump to be restrained.
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A life without an occasional indulgence is, for me, a life not worth living. Since I have no idea when I'm going to die--and what from--nor do I really want to know--my periodic binging on a plate of french fries slathered with cheese, my ordering an extra slab of fatty bacon on my half-pound cheeseburger just on impulse, and my throwing three sheets to the wind a couple of times a year when celebrating nothing other than the very magic of alcohol-- these are my ideas of a life well managed.Neither a Puritan nor a glutton, I gain immense satisfaction from my devil-may-care indulgences which have never failed to add some sparkle to my ordinarily sensible existence.And when I'm finally called up by the grim reaper, I'll experience few regrets over having denied myself an occasional walk on the wild side but for no other reason than to extend my lifespan by who knows how many years.As I had often been told by my mother who was 94 years-old at the time of her death, "Everything in moderation, including moderation." She certainly knew what good parenting was all about.
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Jessa Totally agree. NYC (Many cities are) is simply too expensive in every way. We are raising our 3 kids here in the middle class. And I'm in the food business. Your points have plenty of merit. I won't open a business in NYC because of the unforgiving, punishing realities. I commented as a customer only but from operational standpoint I have no idea why the whole city isn't whitewashed windows.
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There may be a time in the future when the ores can be extracted safely without harming the Salmon fishery. At present it would not appear there is a profitable way to do that. Open pit mining is destructive and fraught with undesirable consequences. Let this sleeping dog lie...
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SJW51 “If you are willing to pay another $10,000 to $15,000 (above what your paying now) a year in taxes then let’s have universal health care, otherwise stop sounding off.”Please show us your work here.
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Cromwell Having lived and worked in Europe, I would suggest that the wealth inequality in many countries there is less than in the US.I would suggest that the wealth inequality in third world countries, especially those run by dictators, would be more extreme than in the US.But when the typical Fortune 500 CEO make hundreds of times as much as the typical worker in such companies, the wealth inequality here is pretty extreme as well.Sundar Pichai of Microsoft was paid $54 million in 2022. How much do the 10,000 folks they are firing make per year, $250,000? If so, Pichai ONLY made 216 times as much. Boo hoo. (But I bet a lot of the folks being fired make less than $250,000 each.)
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That's What She Said Since most of the problem is going to continue to be from India, China, and Africa, adaptation is probably a good investment, sure none of those will be doing anything to reduce CO2 emissions anytime soon, if ever.
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I am one of the “highly educated left-leaning costal elites” but never made more than $72,000 a year in 32 years of professional work. And I’m supposed to empathize with a fictional couple making over $400,000 a year? Gail and Bret, get real. You have both completely lost touch with the vast majority of your readers. I didn’t even read the rest of your column today.
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When the subject of raising more Federal income tax is brought up, I find it useful to review the latest data on the subject published by the IRS. Currently, that data is for tax year 2020, and it shows the following: Share of Total Income Taxes Paid byThe Top.001% – 4.14%.01% – 10.21%.1% – 22.06%1% – 42.31%2% – 50.37%3% – 55.51%4% – 59.50%5% – 62.74%10% – 73.67%20% – 84.93%25% – 88.51%30% – 91.36%40% – 95.33%50% – 97.68%.The bottom 50% pay 2.32% of all Federal income taxes.How we regard this data should be useful in (at least partly) informing our responses to suggestions for ways to raise Federal income taxes from their current level.A much deeper dive into the data (e.g., average tax rate for each of the groups listed above) can be had at the IRS page from which the above data was sourced: <a href="https://www.irs.gov/statistics/soi-tax-stats-individual-income-tax-rates-and-tax-shares" target="_blank">https://www.irs.gov/statistics/soi-tax-stats-individual-income-tax-rates-and-tax-shares</a>
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Here's a fact I learned recently: Boston public schools spends a grand total of $76 per student annually on athletics. It is .3% of the total school budget.In the post-Friday Night Lights era, it was fashionable to criticize school's focus on sports. And we've all heard enough "I'm watching the sportsball game LOL" jokes from urban sophisticate types to know that they find athletics to be gauche and unworthy hobbies.But athletics provide both exercise and a way to keep adolescents busy out of trouble after school.I think we need to invest in athletics.
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Longtime Film Forum Director to Step Down After 50 Years Karen Cooper, who took over the nonprofit cinema in 1972 and transformed it into a $6 million-a-year operation, will step down in July after five decades. When Karen Cooper took over Film Forum in 1972, the theater was a projector and 50 folding chairs in a loft on Manhattan’s Upper West Side, showing what were then known as underground films. The annual budget was $19,000. Cooper projected the films — sometimes herself — on a single 16-millimeter machine no larger than a microwave. Karen Cooper, who took over the nonprofit cinema in 1972 and transformed it into a $6 million-a-year operation, will step down in July after five decades.
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My next major show, "Fall", will be opening this November at the Museum of Modern Art.Using a fleet of street sweepers, my team of assistants will collect millions and millions of beautiful fallen leaves from throughout the Northeast.The leaves will be displayed in great piles throughout the MOMA galleries. And each poignant colorful leaf will be made available for sale to museum visitors, at the accessible price of one dollar per leaf.
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The farmers interviewed for this article grow broccoli and cabbage. There are already robots available for sowing, weed control, harrowing, and harvesting these and other vegetables. The web site International Industrial Vehicle Technology has an article titled "Autonomous broccoli harvesting robot wins Silver Agritechnica Innovation Award" which says that a person can harvest only 300 to 360 broccolis per hour; whereas the robot can harvest about 2,400 per hour.<a href="https://www.ivtinternational.com/news/awards/autonomous-broccoli-harvesting-robot-wins-silver-agritechnica-innovation-award.html" target="_blank">https://www.ivtinternational.com/news/awards/autonomous-broccoli-harvesting-robot-wins-silver-agritechnica-innovation-award.html</a>Another site has an article titled "Milton Keyes company develops world’s first cabbage-picking robots to help farmers all over the world: Cabbage, broccoli and brussels sprout-picking robots are proving a boon to farmers everywhere –thanks to a company from MK. It says, "The automated harvester used three robots to pick brassica crops. It’s capable of harvesting a massive 3,600 crops per hour.""The machine has the potential to significantly reduce manual labour as it is designed to be operated by one person and can run for up to 24 hours per day”<a href="https://www.miltonkeynes.co.uk/news/people/milton-keynes-company-develops-worlds-first-cabbage-picking-robots-to-help-farmers-all-over-the-world-3840782" target="_blank">https://www.miltonkeynes.co.uk/news/people/milton-keynes-company-develops-worlds-first-cabbage-picking-robots-to-help-farmers-all-over-the-world-3840782</a>There are also robots that pick soft fruits.Perhaps the government could help individual farmers join together in cooperatives to purchase and share such equipment.
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Ruth Bonnet I remember a time when there was no line required for Shakespeare in the Park. This was for the 2002 production of Twelfth Night. My cousin was in town, and I was charged with taking him around the city to see various sights. We were walking around in Central Park one afternoon when we saw there was a production that night at Delacorte Theater. We walked up to the open ticket booth and asked the ticket agent if tickets were available. She said yes, and handed us two tickets for that night's performance. There was just as much of an audience that night in the theater as there is nowadays. Fast forward to 2018 or so, and the lines at the distribution lines are ridiculous, stretching two blocks and counting. People claimed they waited since 7 am for the 12 pm distribution.If you can get the lottery tickets online, then great. Otherwise, the ticket lines are not worth the hassle IMO. There are other far less-well-known outdoor Shakespeare productions that are free and don't require hours-long waits for tickets. And while these productions lack the production flash of SITP, they are still quite good.
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The fabled "great Russia" glorified in literature and movies is nothing more that a succession of imperialist, repressive regimes that have constantly colonized, plundered, and ethnically cleansed (i.e. russified) countless peoples from Crimea to the Asian far east, since the days of the Czars. There is nothing noble, honorable or respectable about the Russia we see today on the map. This giant country is really the result of 300 years of coercion, genocides and forced migrations.It's about time that this monstrosity disappears from the maps, replaced by independent countries defined by the free choice of their own people. Hardly any non-russian ethnic group will want to stay under Moscow, living in abject poverty and underdevelopment only to be called up as cannon fodder whenever the ruling elites launch another kleptocratic war.Putin has opened the eyes of the world on the true nature of "Russia" as we know it today. He will bring his empire's final downfall.
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Naomi "We are not policing the world. There are no NATO troops in Ukraine" 100 billion in aid and weapons is what I'd call proxy policing the world. It's akin to saying the rebel guerrillas we funded and equipped in South America were acting on their own volition. Imagine how we'd react if a Russian backed mercenary force overthrew the Mexican government in a coup and was posturing on our boarder. Yeah, that's what I though.
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The assumption that all white high schoolers have access to expensive test prep is just false. Most white kids simply do not. Most white parents cannot afford thousands of $ for specialized programs to boost scores, only the very wealthy. Please stop perpetuating this divisive myth, it isn't true. My kids use the free Khan academy. That its. Open to all.
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Pal $8 eggs in California because of a shortage caused by bacterial infections and the time it takes to replace hens (months). $26 pallet of chicken thighs. I ascribe the latter to greed.These people are deniers because they're either too corrupt and denying is profitable or they are too hungry for power and unprincipled enough to take advantage of disinformed voters.This is where we are in a nation that has, for far too long, allowed the specter of corruption to grow over time all the while allowing bad actors to establish themselves in our nation. I am talking specifically about the Murdoch family and its purchase of some of our nation's most sensitive media properties.You cannot allow the broadcast and print of lies as news for decades and expect a result that is any different than what we are now witnessing. You cannot allow money as speech and call it politics. You cannot allow the wholesale periodic banning of books and topics in education and expect future generations of voters to have the wisdom and ability to think critically when bombarded with lies on an hourly basis.Finally, you cannot allow media personalities who lie daily on shows that are seen by millions of viewers, in some areas right wing news is all that is available, and expect voters to choose non-authoritarian leaders and causes.The economy suffers from corruption as much as our politics. There is no independent area of life. Everything is tied together.
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Review: A Dance Searching for Harmony in an Unequal World Ronald K. Brown/Evidence returns to the Joyce Theater with two hits, “Open Door” and “Grace,” and a New York premiere with music by Jason Moran. “The Equality of Night and Day,” a New York premiere by the choreographer Ronald K. Brown and his company, Evidence, essentially starts out mid thought. A voice says, “And finally.” Ronald K. Brown/Evidence returns to the Joyce Theater with two hits, “Open Door” and “Grace,” and a New York premiere with music by Jason Moran.
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‘Without You’ Review: Anthony Rapp’s Seasons of Love, and Loss The actor, who starred in the original Broadway run of ‘Rent,’ reflects on the show’s early days and dealing with the grief of his mother’s death. Anthony Rapp’s show “Without You” is, in part, about the genesis of “Rent.” It is opening Off Broadway on a symbolic date: exactly 27 years after both that hit musical’s first public performance at New York Theater Workshop, and the death of its creator, Jonathan Larson. That’s 14,201,280 minutes gone by, 14 million moments so dear. The actor, who starred in the original Broadway run of ‘Rent,’ reflects on the show’s early days and dealing with the grief of his mother’s death.
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eugene barron We can tell you from experience that you need to have a pickleball club. Which of course, means you need a group of people willing to put in the time and effort to establish, develop and maintain it. The "club" is the essential political force that can be used to work with, negotiate with, and if necessary, push local governments to adapt to what we all see, i.e. empty or near empty tennis courts and full and waiting pickleball courts. (Before you say it, we played tennis, I have nothing against tennis, and we fully support tennis. We just want our city to support the needs and actual usages of both sports.) That said, there is a very inexpensive SW program call CourtReserve to assist anyone developing a new club. (There are probably others as well.) Our local club has in the 2 years of existence transformed 4 (largely unused) tennis courts, to 2 tennis and 6 pickleball courts. Lined 4 additional courts for dual usage with portable nets. Worked with our Bay Area tri-valley city Parks and Rec departments to recognize the needs, open and maintain indoor courts, etc.
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"But SamTrans would never get a chance, because on Jan. 3, 1998, much of it went up in flames in a three-day fire that left the bridge’s charred remains sitting idle for decades." This gross oversimplification is just lazy journalism. The fire was not what deprived us bay area residents of Dumbarton rail: the line was a sacrifice to political priorities. The public sector doesn't "lack" the resources; it HAD the resources and spent the dedicated funds on SOMETHING ELSE. I encourage all readers to instead read the "History" section of this Wikipedia page <a href="https://en.wikipedia.org/wiki/Dumbarton_Rail_Corridor" target="_blank">https://en.wikipedia.org/wiki/Dumbarton_Rail_Corridor</a>, which includes informational quotes like:"In 2001, MTC estimated the total capital cost for DRC was US$129,000,000 (equivalent to $197,400,000 in 2021); of that, 91% had been secured or was pending via local sales taxes in San Mateo, Alameda, and Santa Clara Counties." After extensive delays that drove costs up, the money earned by Peninsula taxes was taken AWAY from Dumbarton rail and redirected to the BART Warm Springs Extension Project, and the money wasn't repaid because Oakland voted down the tax intended to refund the coffers (measure B1). For what it's worth, the late 90's and early 00's overall were not good for transit here: the bay bridge was delayed by both Mayor Jerry Brown of Oakland ("it's ugly") and Willie Brown of SF ("it would cast a shadow on a building on Yerba Buena Island").
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There is only one reason the American dollar is so sought out worldwide. Only one reason that one of the safest investments in the world are US Treasury Bills (T-bills). And that reason is the high unlikelihood of the world’s richest country defaulting on its debts. I am truly afraid that these rebel lawmakers who just want to throw bombs & tear down the system really do not understand the implications of what they are doing. Are we really going to allow 15 to 20 representatives to bring down the whole country? We shall see.
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Scott and so is murder which is being condoned by openly hostile individuals. Things need to change and if it’s, ignoring the Supreme Court or rejecting open borders it needs to be done. If a nation invaded and killed as many people as we allow their would be a war, and this is a war.
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The two biggest reasons for skyrocketing Federal Debt are our HUGE defense budget and the pattern of the Republican Party to give massive tax cuts to rich individuals and large corporations. They have been doing it since the Reagan Era. The first step in dealing with our debt .... rescind the trump/GOP 2018 $2 trillion tax cuts that benefited mostly the rich. It's time the rich start paying their share of record/egregious/immoral levels of wealth!
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One difference not being discussed:Trump—Archive officials KNEW PRECISELY which dox were missing, so demanded their return and ultimately raided to get them.Biden—Apparently archive officials WERE UNAWARE that any dox were missing, and only became aware after a series of searches and discoveries.There is a significant difference between what was originally taken and what is found and recovered later. How can or will we ever know whether some dox originally taken by Biden were not stolen later by someone (with an agenda) during the last 6 years? The comparison between Trump’s 300 and Biden’s 20 is open to suspicion and challenge.
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Well, since he bought Twitter and trashed the share prices of both Twitter AND Tesla, Musk has literally lost a fortune. He's no longer the world's richest man. Easy come, easy go.
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Hmph. We can tell Elon exactly what’s missing from his AI (Artificial Intelligence) approach, one of the perks of having spent fifty years exploring how the AI (Actual Intelligence) working in the neural structures that comprise the human brain do it.We do not suppose he will ask, or even be interested. For the curious out there, here it is:We all function as well as we do (in particular good enough to easily spot how Tesla’s F.S.D. screws up) because we all exist in a purely logically defined internal reality.We’re each of us alone in here, and we expend a great deal of time and effort ensuring that we all use the same internal models of the external universe we surely must inhabit.No easy proof of that, but it’s all we’ve got, and it’s gotten us this far, so our take on what’s out there is probably not too far off the mark.That’s context, and it takes energy to sustain. It’s the invisible stage upon which everything we do unfolds, all of which depends on that background for continuity and meaning.No current AI (the artificial kind) that we have seen has this critical element, and cars won’t drive like people, even the fallible kind we all represent, until this little omission is fixed.This missing piece of the puzzle is also central to current efforts to pin down how consciousness arises and operates. Not much progress on that front yet, either.So, stay tuned, it’s not here yet. Meanwhile, keep those eyes open and at least one hand on the wheel.—T&K
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My friends in upper Manhattan and the Bronx are mostly Afro-Latinos. The only people staying behind in NYC are those very few who have public housing or large, rent stabilized apartments.Everyone else, especially those with children, have left or are planning to leave. Even young couples preparing their wedding are also planning their move out.The sad part is that when they move they often lose the support structure of extended families for child-care, cooking, elder care.And the grandparents left behind are left heartbroken, missing their kids and grandkids.One of the saddest part of the gentrification of cities is that it tears apart long-standing family and social ties.Our federal and state governments should look to Denmark, where they have non-profits to build and manage large rental buildings. And Denmark also prohibits foreigners from buying homes in order to keep them affordable for the people who actually vote and pay income taxes in the city….you know, the real people who live, love, work and die here…Not foreigners who money-launder and use housing as a safe-deposit box, without actually living here.
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Good afternoon, MD! 123 comments as I type this!It's Jeyn Levison's "Going Up" that resonated with me today. It reminded me of the phobias of friends, as well as some of my own.I have a fear of heights, although it shows up in some situations more so than others. For example, the bascule bridge in Lorain -- the 2nd largest in the world -- has metal grates through which you can see the Black River below. Walking over it as a kid, I always had to walk away from the outer rail for fear that some madness would overtake me and compel me to jump over the side.(I never jumped. I have survived.)In Nashville, I was often involved in putting on events at major hotels. Hotels with glass elevators that looked out into the wild blue yonder as the elevators ascended and descended. I found those elevators less frightening, because I figured that, unless the whole side of the building peeled away, I would make it to the top or the bottom.My friend and co-worker Melinda, on the other hand, was sure she WOULD die. Such was her fear of heights.So I would take her on training sessions. Back to the bank of elevators, up and down, up and down. She would hold my hand...and even open her eyes at times. And she lived.She lives in Texas now. I think she still avoids glass-sided elevators.Me? I cleaned out the gutters this past summer, up and down a 2-story ladder. And lived to tell the tale.Platelets today (which is why I was late getting to MD)!Hugs,Phil G
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Gennady LOL, $17.5 BILLION in last quarter's profits would like a word with you. That's $17 BILLION on roughly $50B total sales, so raking in 35% profit; not sounding like MSFT is noticing even the slightest pinch from interest rates-- or declining sales.
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I've been using KeePass for over 12 years. It's open source, free, fairly easy to set up and very easy to use. You are completely in control of your data. One caveat: if forget your master password, you won't be able to access your other passwords.
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Yesterday's Wordle 583 2/6* 83/89🟨🟨⬜⬜🟨 LUCID83/98 WL 3🟩🟩🟩🟩🟩 ELUDE83/79This was one of those woo-woo solves that makes me think intuition is a sixth sense. LUCID popped into my head for Sunday's opener (MATEY) and I entered it again today with no hesitation. But what a difference a day makes! It scored an 83 for skill on both days, but earned a 12 for luck on Sunday and a 98 today. As far as the three WL, I could only think of the answer for my second step, but I prolly would have gone with ADULT if it had occurred to me. DOULA isn't on the Wardle list. Funny that Documentalista was just explaining that one a short time ago. (It was in the Bee.) At any rate, it's cemented in my memory now!The thing with mystery solves — if they're really intuitive, why do they always come early? I fixated on ASCOT four or five days before I got my two-fer with ADOPT. Maybe I'm channeling an Australian mystic, lol. More importantly, why do *aces* ELUDE these leaps of faith? If I'm going to intuit something, I'd rather it was the answer instead of just a hint. I guess I shouldn't look the Wardle Fairy in the mouth!
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P Not to mention, women denied abortions until they are on the brink of death will be stuck with the $250,000 in medical bills. And the continuing health effects of being near death.Sepsis is no joke.
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Nick when we worked a contract to build Chik-Fil-A restaurants, they forced all contractors to work 7 days a week to meet their opening target. These were people that already worked the whole week. It changed the way I saw their Sunday stance. That policy is for their employees, who are almost all members of the franchise owners church congregation. They have one policy for ‘family’ employees and a whole different attitude towards all of us brown contractors.
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“I don’t blame the public if they take a negative view,.....“This is dysfunctional, and I hate it myself. I can understand if the public does, too.”Not to worry Mr. Bacon, 'Republican' voters have come to enjoy the Party's warm up act in preparation for the main event, which will be a collaborative effort on their part to reek havoc on the government in the coming months. Republican voters wouldn't want it any other way. Remember sir, this opening act is simply a sideshow to the political freakshow Republicans have been planning for many years. Your constituents voted Republican knowing full well they would likely get a show like this. P.T. Barnum would be proud.
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Debra A friend of mine was taking his 2 year-old daughter for a walk down an (apparently) ordinary city street. Early in the walk, his daughter stopped to investigate some grass growing through the cracks of the sidewalk. Evidently, his daughter found this grass to be awe-inspiring, as she slowly, carefully, lovingly examined it for nearly 10 minutes (or what seemed like 10 minutes to my friend).David Bentley Hart, in his book, "The Experience of God: Existence, Consciousness and Bliss," writes of the wonder and awe underlying the various experiences which have been labeled "God," the "Tao," "Brahman," etc. The beliefs, superstitions, dogma and rigid, mindless rituals associated with these experiences have little if anything to do with the origins of various traditions. if anything, the beliefs are in direct opposition to them. Jung once observed that the real purpose of church dogma is to PROTECT us from the intensity of such experiences of awe. Hart gives an example of what the world of experience might be like if we were to truly let go of our prejudgments and assumptions. Imagine coming to a clearing in the woods, and seeing a luminous, translucent sphere 10 feet in diameter. You would be awe-struck at the beauty and mystery of it.Hart says, if our minds and hearts were truly open, we would find awe in everything we encounter. As William Blake wrote, "If the doors of perception were cleansed, we would see everything as it truly is - infinite."
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Eric Shen They are given 20 years to recover that R&D cost. What were talking about is abusing the system, tweaking the formula, dose or delivery and filing to extend that recovery period, paying domestic competitors back door settlements not to produce and filing meritless lawsuits against international competitors to delay them entering the market.
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Considering that that conditions that allowed perks to be thrown at tech employees to keep them happy were the same conditions that allowed free money to be thrown at irresponsible startups such as Theranos and WeWork, I'd say some tighter purse strings and extra scrutiny of investment funding is long overdue.
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The economist’s point, over the long term has merit. The rest of us, however live one day at a time in real time. Any increase in income I have experienced lately, has been more than swallowed up by increases in necessities. My weekly grocery bill, which was around $60 a few months ago, was $115 yesterday. The electric bill doubled between December and January. People who use natural gas saw their bills either tripled or quadrupled over the last 2 months. Mr Krug’s statistics will eventually catch up with reality, and they will be very grim.
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