🌞 Kracken – August 26 2021

*Stock data as of market close, cryptocurrency data as of 5:00am ET.

• Markets: The S&P and Nasdaq set new record highs but the markets are on edge as the Fed starts its virtual Jackson Hole meeting to discuss inflation among other hot topics. 

The Lead: The Court vs. Conspiracy Theories

credit: ap

Former President Trump’s lawyer Sidney Powell was given a hefty punishment for bringing lawsuits over the 2020 election, along with eight other attorneys who worked with her. The group of lawyers are being forced to pay all of the legal fees that the state of Michigan incurred defending the suits. The judge also mandated that they take legal education courses. 

Powell made big to-do about suing the state of Michigan over what she claimed were fraudulent election results. The federal judge did not take kindly to this. Judge Linda Parker called Powell’s suit an “historic and profound abuse of the judicial process.” 

The judge says that she will refer all nine attorneys over for investigation in Michigan. The lawyers could face suspension or debarment from the investigation. 

Like A Moth To an LED Light

credit: Douglas Boyes/Science Advances

England switched the LED streetlights because they are more eco-friendly. But not if you’re a moth. 

A new study found that towns that have switched to the LED lights have a smaller moth population than towns that still have the old sodium lights. That is because LED lights emit a blue light that attracts the moths and inadvertently kills them. 

Moths are annoying to humans but necessary to the ecosystem so this is a problem. Moths are pollinators just like bees and flies and they are essential food for birds. 

This is just one example of what is known as light pollution. It can negatively affect many of nature’s creatures. A study in Belgium showed a similar negative impact of light and glow worms. Scientists call these things “death by a thousand cuts” to the insect world. 

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The Old Reach Around Reversal

credit: techmundo

Last week OnlyFans announced that it would not allow pornographic or sexually explicit content on its site. The problem is that OnlyFans is mostly pornographic and sexually explicit content. Take that away and you’re not left with much. 

Someone seemed to realize that because on Wednesday the company announced that it will actually allow some adult content. They did not specify how they will draw the lines or if they will in fact draw any lines at all. They only said on Twitter that they’re scrapping that policy change. Carry on with your nudity, people. 

Americans Are Sick and Younger

credit: axios

Health officials continue to lower the age that they recommend Americans to screen for serious diseases. It used to be that you could hold off on diabetes screening until age 40 but the new age is 35. 

The U.S. Preventative Services Task Force released new guidelines on Tuesday for illness screening. Could this be indicative that Americans are sicker than ever? Robert Gabbay, chief scientific and medical officer for the American Diabetes Association told Axios that this may be “ driven by the fact that risk factors are appearing earlier in our population in the U.S.” 

News By The Numbers

21. That is how many alleged victims there are of adult film star Ron Jeremy, according to an indictment unsealed on Thursday. The allegations span 23 years. Jeremy has pleaded not guilty.

12,000. That is how many newly reported Covid deaths that New York Governor Kathy Hochul says were previously unreported when Andrew Cuomo was Governor. That brings the total Covid-related deaths in the state to 55,400 people. 

73%. British scientists say that they have developed a new vaccine for malaria that could cut childhood deaths by this amount, specifically in Africa. 

5 minutes. That is the new video time limit that TikTok is reportedly testing. Current users have a 3-minute limit for uploads. 

This Is Not Your Grandfather's Europe 

credit: worldweatheratrribution.org

A new study shows that the floods in Europe this summer should only happen about once every four years but the climate crisis has upended those odds. The current state of the planet has made it between 1.2 and 9 times more likely to happen, which means we may not have to wait another 400 years to see this again. 

The floods were caused by warmer climates that increased the amount of moisture in the air. For every 2 degrees of increased temperature, there is 8% more water vapor in the atmosphere. This with an unusually strong jetstream contributed to the massive floods. 

Over 200 people died from the flooding in Germany and Belgium. The World Weather Attribution is responsible for this study and the organization says that “these changes will continue in a rapidly warming climate.” 

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