The U.S. economy created 379,000 net new jobs in February, 355,000 of which were in restaurants, hotels, and other hospitality businesses, according to the U.S. Labor Department. The leisure and hospitality industries cast off 500,000 jobs in December and January; therefore, the February gains signal a fundamental turn in the economy, some analysts say. The...
Author: user (UserName LastName)
Post
JOBLESS CLAIMS EDGE HIGHER WHILE PRODUCTIVITY FALLS
New claims for unemployment benefits rose to 745,000 in the week ended 27 February, up slightly from the previous week’s adjusted tally of 736,000 but slightly below analysts’ expectation of 750,000, the U.S. Labor Department reported. Private-sector employers added only 117,000 jobs in February, according to a 3 March report from ADP. That figure is...
Post
CHINA 2021: THE CHINESE CENTURY
CHINA’S XI: “EAST IS RISING, WEST IS DECLINING.” President Xi Jinping said in a closed-door meeting last month that China is on the ascent while the U.S. is on the descent and continues to be its biggest “source of chaos.” “The United States is the biggest threat to our country’s development and security,” he said,...
Post
ERASING HISTORY MAKING REAL HISTORY IN 2021
First, they came for Song of The South. Disney is now holding monthly meetings to determine what to censor among its entertainment properties, according to The Hollywood Reporter. The company “convenes an eclectic group of advisers via videoconference to tell the media conglomerate what it and the many entertainment companies it has acquired over its...
Post
BLOCKCHAIN BATTLES
PAYPAL EYES “CURV”-Y MOVE INTO CRYPTOS. Leading online payments processor PayPal is negotiating to acquire Curv, a NY-based cryptocurrency company, according to Bloomberg. Dozens of clients reportedly use its products. This past November, PayPal started to let clients buy, sell, and keep some cryptocurrencies in their wallets. The move was seen as a reaction to...
Post
POLITICAL SUPPRESSION GONE WRONG
At around the same time FBI Director Christopher Wray was being grilled in the Senate over his agency’s heavy-handed crackdown on 6 January Capitol protesters, new facts were emerging: Not a single firearms violation or confiscation occurred on Capitol grounds during 6 January protests The U.S. Army advised against sending in troops to quell the...
Post
SATELLITE PHONES: MORE SECURE & LESS TRACKABLE THAN CELL PHONES?
Satellites are considered to have advantages over much more common cell phones when it comes to issues like security and privacy. But they may be just as prone to hacking and other compromises, according to some new research. A project by several Chinese engineers was successful in breaching a common type of encryption used on...
Post
ROADBLOCKS BY “DEMONSTRATORS”
by Bradley J. Steiner I hope you appreciate why the word demonstrators is in quotes. These outrageous, violent, disruptive, dangerous, destructive, uncivilized bastards are nothing less than riotous insurgents and criminals who, by their antisocial displays of gunfire, arson, vandalism, mob-like presence, intimidation, assault, and socialistic leanings threaten our very way of life. A sad...
Post
RAISE A GLASS TO THE CIRCULAR ECONOMY
Every pound of cheese gives its maker nine pounds of leftover whey to get rid of. Some are turned into protein powder, pig feed, or fertilizer; but more than half of the 100 billion pounds made annually in the U.S. alone is dumped as garbage. Now some will make their way into Wheyward Spirit, a...
Post
UTILITIES FORM ELECTRIC HIGHWAY COALITION
Six U.S. electric companies – Dominion Energy, Duke Energy, Entergy, the Southern Company, the Southwestern Electric Power Company, and the Tennessee Valley Authority – have banded together to create the Electric Highway Coalition (EHC). Together, the utilities will install a seamless network of electric car fast chargers along major highways covering the southeast and south-central...