07-30-2020, 10:15 AM | #4281 |
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An article worth looking at if you didn't watch the broadcast live..
Amazon, Apple, Facebook, and Google CEOs face 5-hour grilling with mixed results.
Sidebar: I did watch the broadcast and it just amazes me how these top 4 men with such business savvy have such poor memories. To their credit several said they would "check into that" and get back to them. https://www.wallstreetreporter.com/2...mixed-results/ |
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07-30-2020, 10:28 AM | #4282 | |
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Donald Trump's ally Herman Cain has died after he was hospitalised with the coronavirus. The man attended Mr Trump's Tulsa rally in June and was pictured not wearing a mask, but it was unclear if that was where he first contracted the novel virus. This comes as the president has suggested for the first time that 2020's presidential election could be postponed amid the coronavirus pandemic, because he says - without evidence - that a nationwide mail-in ballot system would create "the most INACCURATE & FRAUDULENT Election in history." |
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07-30-2020, 12:28 PM | #4283 | |
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Additionally this from Hillary's Twitter this morning, a retweet that reads, "Trump cannot delay the election. Only Congress, through a new law could do so. In any event, per the US Constitution his term expires noon on January 20. That cannot be moved, period." 95 days, 10 hours and 32 minutes until the 2020 Presidential election.
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07-30-2020, 05:01 PM | #4284 | |
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07-30-2020, 09:42 PM | #4285 |
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The economy is in record decline, but not for Amazon and other tech giants...
OAKLAND, Calif. — A day after lawmakers grilled the chief executives of the biggest tech companies about their size and power, Amazon, Apple, Alphabet and Facebook reported surprisingly healthy quarterly financial results, defying one of the worst economic downturns on record.
Even though the companies felt some sting from the spending slowdown, they demonstrated, as critics have argued, that they are operating on a different playing field from the rest of the economy. Amazon’s sales were up 40% from a year ago, and its profit doubled. Facebook’s profit jumped 98%. Even though the pandemic shuttered many of its stores, Apple increased sales of all its products in every part of the world and posted $11.25 billion in profit. Advertising revenue dropped for Alphabet, the laggard of the bunch, but it still did better than Wall Street had expected. “The strong continue to get stronger,” said Dan Ives, managing director of equity research at Wedbush Securities. “As many companies are falling by the wayside, the tech stalwarts continue to gain muscle and power in this environment.” The tech companies’ financial performance was a remarkable contrast to the overall health of the U.S. economy. The Commerce Department said Thursday that the country’s gross domestic product fell 9.5% in the second quarter of the year as consumers cut back spending. It was the steepest drop on record. Combined, the companies reported $28.6 billion in quarterly net profit, underscoring how regulatory scrutiny remains more background noise and a distraction for them than an imminent threat to their businesses. https://www.seattletimes.com/busines...ampaign=620202 |
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07-31-2020, 11:10 AM | #4286 |
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Putin Signs Russian Crypto Into Law
Russian President Vladimir Putin signed the first of two bills on digital assets into law on Friday, July 31, 2020.
Source: coindesk.com Website: https://bit.ly/2EwT4IA Date: July 31, 2020 |
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07-31-2020, 11:20 AM | #4287 |
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Russia’s Crypto Currency Law
Russia’s First Crypto Currency Law to Be Implemented in 2021.
Source: beincrypto.com Website: https://bit.ly/3fkRsyi Date: July 10, 2020 |
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07-31-2020, 11:36 AM | #4288 |
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[QUOTE=PlatinumPearl;1272317][CENTER]
Platinum, if you have the interest and energy, could you please lay out some explanations of "crypto currencies " and "blockchains". Most of us live in the shadow of these things but have no real idea what they are and what they mean. I believe that a good and, as simple to understand, explanation would be a great service to the Community. In any case, I know for sure it would help me. Thank you.
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07-31-2020, 03:07 PM | #4289 |
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Facebook version of digital currency.....
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And here in the United States Facebook has desperately been trying to introduce and promote Libra which is a permissioned blockchain digital currency. March: Facebook is altering its plans for its Libra cryptocurrency project following months of severe regulatory pressure and political pushback April update: Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. |
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07-31-2020, 03:26 PM | #4290 |
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Susan Collins challenger Sara Gideon cruises to victory in Maine Democratic Senate primary.
For months, Maine’s Democratic state House Speaker Sara Gideon has been running a general election-type Senate challenge against longtime GOP Sen. Susan Collins. Now it's official that she will face off against Collins come November. The Associated Press projected Gideon the winner of the Democratic Senate primary in Maine, as early unofficial vote totals showed the House Speaker was far ahead of her more progressive rivals, lobbyist Betsy Sweet and lawyer Bre Kidman. Gideon -- who has the backing of national Democrats and who scored eye-popping fundraising hauls -- will now concentrate 100 percent of her efforts to oust Collins, a moderate who’s considered one of the most endangered Republicans running for reelection this year. |
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08-01-2020, 09:45 AM | #4291 |
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Negotiators huddle in Capitol after $600 benefit expires....
WASHINGTON (AP) — With political pressure rising, talks on a huge coronavirus relief measure resumed on Saturday, focused on restoring a newly expired $600-per-week supplemental unemployment benefit, a fresh $1,200 direct payment to most Americans, and hundreds of billions of dollars in other aid to states, businesses and the poor.
The $600 per week jobless benefit officially lapsed on Friday and Democrats have made it clear that they will not extend it without securing other relief priorities. Whatever unemployment aid negotiators agree on will be made retroactive — but antiquated state unemployment systems are likely to take weeks to restore the benefits. Principal negotiators — Treasury Secretary Steven Mnuchin, White House chief of staff Mark Meadows, top Senate Democrat Chuck Schumer, and House Speaker Nancy Pelosi — convened again Saturday in hopes of breaking a weeklong stalemate. |
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08-01-2020, 10:04 AM | #4292 |
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Trump Urges Voters To Use Absentee Ballots, Which Are, Uh, Mailed In...
After railing about “fraudulent” mail-in ballots without any basis in fact, President Donald Trump bizarrely urged Americans on Friday to use absentee ballots — which are mailed in.
“People should go and they should vote — or do it absentee ballot,” he told reporters Friday, a day after he floated delaying the election. Absentee ballots “are great because absentee ballots you have to go through a process to get ’em,” Trump explained. “It’s actually a great thing, absentee ballots. I’m going to be voting absentee,” Trump told reporters. Sidebar: How did this idiot EVER get elected!? He has no clue absentee ballots is one in the same as mail-in ballots! |
08-01-2020, 05:14 PM | #4293 |
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lol homoe your last post made me laugh ~ I don't want anyone who voted for Trump to ever tell me they did .
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08-01-2020, 07:32 PM | #4294 |
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08-02-2020, 06:00 PM | #4295 |
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08-03-2020, 08:39 AM | #4296 |
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New postmaster general outlines USPS ‘trajectory for success’ amid financial challenges..
DeJoy has become the first postmaster general in more than 20 years to lead USPS without prior experience working there and is a top GOP fundraiser.
Louis DeJoy, a North Carolina businessman who has given millions of dollars to the Republican Party, including the Trump campaign, has been named the nation's new postmaster general. Sidebar: New policies he's implementing ( aka trajectory for success) could have an affect on mail-in ballots and therefore could effect the outcome of the election or at the very least draw it out. https://www.npr.org/2020/05/07/85197...gop-fundraiser |
08-03-2020, 08:50 AM | #4297 |
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Relief bill remains up in air as negotiations resume today....
Areas of agreement already include the $1,200 direct payment and changes to the Paycheck Protection Program to permit especially hard-hit businesses to obtain another loan under generous forgiveness terms.
https://www.yahoo.com/news/covid-rel...040743889.html |
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08-03-2020, 10:36 PM | #4298 |
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Maryland governor overturns order that would keep Barron Trump's school closed as president pushes reopening..
WASHINGTON — As President Donald Trump continues to push for schools to open in the fall amid the coronavirus, a battle over school reopenings in Maryland affects when his youngest son can attend school in person.
Barron Trump's private school, where he is scheduled to begin high school Sept. 8, is located in the Maryland county where nonpublic schools were mandated to remain closed to in-person instruction through at least Oct. 1 in an order issued Friday. But on Monday, Gov. Larry Hogan, a Republican, blocked that order, allowing private schools to decide for themselves whether they will reopen, as long as they adhere to state and Centers for Disease Control Prevention guidelines about safe reopening. "This is a decision for schools and parents, not politicians," Hogan said in a statement on Friday expressing disagreement with the local order. |
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08-03-2020, 10:54 PM | #4299 |
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Trump Attacks Dr. Birx in an Attempt to Keep a Loyal Soldier in Line...
Birx had, in recent days, not only trampled on the everything-is-fine messaging from the White House, she’d contradicted key COVID policies too.
President Donald Trump attacked Dr. Deborah Birx for the first time on Monday after the White House coronavirus task force coordinator said she believed the virus had entered a “new phase” and that counties with significant community spread should not reopen schools in the fall. Nevertheless, Trump’s denunciation of Birx didn’t just highlight his willingness to undermine his own coronavirus task force coordinator in an effort to push forward his agenda to reopen the nation’s economy and schools. The exchange also underscored how shaky the administration’s policy rationales have been on critical pandemic-related matters. |
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08-04-2020, 07:24 AM | #4300 | |
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Trump doubles down on support for Ghislaine Maxwell: 'Not looking for anything bad for her'...
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“Mr. President, Ghislaine Maxwell has been arrested on allegations of child sex trafficking. Why would you wish such a person well…” Swan began before being cut off by Trump. “Well, first of all,” Trump said, “I don’t know that.” “She has. She’s been arrested for that,” Swan responded. “You know that.” “Her friend, or boyfriend, was either killed or committed suicide in jail. She’s now in jail,” Trump said. “Yeah, I wish her well. I’d wish you well. I’d wish a lot of people well. Good luck. Let them prove somebody was guilty.” |
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