🌞 Meat Eaters – May 24 2021

Today's Live Show

BITCOIN CRASHES AS INFLATION TAKES OFF

Join us on today's live morning show. We're looking at the weekend blood bath for crypto and what caused the major sell-off. We're also looking at some inflation-resistant sectors to put your money on as things start to get hotter. Click here to RSVP for our live show and I'll see you at 9 AM Eastern. 

The Lead: The Shrinking Infrastructure Stimulus

credit: youtube

The President has come down on his opening bid for his infrastructure bill, lowering the price tag by $600 billion. The original proposal would cost $2.3 trillion. The new proposal will cost $1.7 trillion.

This was the result of talks with Republican leaders who are spelling out what it will take to get them to vote in favor of the bill. In order to lower the cost, the President’s team agreed to lower funding for rural broadband and reduce spending on “roads, bridges, and major infrastructure projects.” They will also move funding for research and development and supply chain improvements over to a different bill. 

Republicans did not jump for joy at this concession. The President lowered the price tag by $600 billion but even that is more than Republicans want to spend. Their infrastructure proposal costs less than that at $568 billion. 

Can You Watch My Prisoner For Me? 

credit: ap

The federal prison system is so low staffed that cooks and nurses are being asked to watch inmates. What could go wrong!?

Nearly one-third of all federal correctional officer jobs are vacant, according to the Associated Press. The Justice Department budgets to employ 20,446 full-time officers but they only have 13,762 on staff. 

Where’d they all go?

Well, the pandemic didn’t help. Who would want to work in places where people cannot social distance and outbreaks rage like wildfire? Staffing was a problem long before the pandemic due to “chronic violence and high-profile deaths.” 

In Texas, staffing is so low that inmates are forced to stay in their cells for the weekend because there is no one to watch them. 

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The Disease of Despair

credit: getty

A recent study showed that more Americans are dying from “diseases of despair” than ever before. 

What is a disease of despair? It is a condition brought upon by “a bleak economic or social outlook.” It’s when people feel so low by life that they turn to drugs, alcohol and suicide because they can’t see a way out. 

The study showed that these things were the main factors contributing to a drop of life expectancy. The rate of despair-related diseases were all up by a lot.

Consider this:

“Suicidal thoughts and behavior among minors jumped by 287% between 2009 and 2018. During that same period, those tendencies increased by 210% among 18 to 34 year olds. Alcohol-related diagnoses spiked by 37% within that decade, while substance-related diagnoses skyrocket by 94%.” 

Experts point out that this is different from momentary depression.

“It's important to emphasize that ‘despair’ does not merely refer to an aberrant internal state but is rather the consequence of a particular set of political-economic and cultural conditions that are producing distress,” said the study’s co-author. 

What's Hiding In That Water Tower?

credit: USA today

This will gross you out. USA Today looked at water towers around America and found that some of them had not been cleaned out since they were built 50 years ago! Some of them are host to dead bloated snakes, mice and raccoons. Others had pigeon and other animal poop. 

These are the receptacles supposedly delivering clean drinking and bathing water to U.S. homes. Experts say that diseases related to these water towers contributes to as many as 1,000 deaths per year. 

There are no federal regulations for water tank maintenance and each state has its own rules about inspection and cleaning. According to USA Today, some have no rules whatsoever and it shows! 

“Of the 41 states that responded to the survey, 37 require visual inspections of the outside of water tanks and towers, but only nine – 22% – required interior inspections needed to check for sediment buildup or if animal carcasses have contaminated the supply.”

The Environmental Protection Agency has known about this problem since at least 2002 but has yet to create any rules or solutions. The agency is just now considering making rules but they would not be in place until 2027. 

News By The Numbers

credit: getty

93 mph. That is how fast a Japanese speed train was going when the driver left the cockpit to go to the bathroom. There were 160 passengers on board. The train continued to travel without incidence but the driver is being disciplined. 

5,000 liters. That is how much one Australian town bought of strong mice poison to deal with the terrible infestation in homes and crops. Not everyone thinks dumping poison on the town is an awesome idea obviously. 

15. That is how many hairstyles are approved in North Korea. Leader Kim Jong-un has banned mullets and skinny jeans and other “decadent” Western-style fashion trends. He’s not very up on Western fashion, is he?

3.2%. That is how much the population of West Virginia dropped between 2010 and 2020, making it the state with the biggest population drop. 

21. That is how many ultramarathon runners were blown away to their death in severe weather during their race in China. The race was stopped when 172 athletes went missing. Only 151 were rescued.

Vegetarians Win This Round

credit: Bloomberg

Meat is the product most heavily affected by inflation. Red meat, chicken and seafood all cost more now than they did pre-pandemic, according to a survey of American shoppers. 

Grocery shoppers have felt the sting of higher prices for months as inflation slowly balloons. Supply chains and factory production are still lagging behind due to the pandemic and supply chain emergencies such as the Suez Canal and the Colonial Pipeline hack. This has caused the price of goods to increase. 

Meat production plants have also suffered mass Covid outbreaks and now are struggling to keep their factories staffed. 

Pro Tip: Plant a garden and this will be less of a problem! As the Gangster Gardener Ron Finlay says, growing your own food “is like printing money!” 

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