🌞 Mmmmmmm – March 24 2021

Today’s Live Show

FED PUSHES MORE STIMULUS, INFLATION WORRIES, AND ECONOMIC BOOM COMING

Join us on today’s live morning show. The dynamic economic duo of Treasury Secretary Janet Yellen and Fed Chief Jerome Powell laid out their vision for more stimulus, inflation concerns, and the economic boom they see coming in 2022. Click here to RSVP and I’ll see you at 9 AM Eastern.

The Lead: Gun Control Deja Vu

credit: forbes

President Biden is calling for gun control in the wake of two mass shootings in less than two weeks. Gun control has long-since been on his agenda but current events have pushed it to the top.

The President specifically wants a ban on assault weapons, such as the ones that the shooter used just two days ago to kill 10 people in Boulder, Colorado, as well as high-capacity magazines. He also wants to close loopholes in the background check system that allowed this week’s shooter to purchase his weapons. The gunman’s family admitted that he had been suffering from mental health issues.

But gun laws remain a partisan issue and Republicans still want no part of it, however sad they might be about the shootings. This is largely because the National Rifle Association is a big donor to many of them. Any impactful gun control cannot pass the Senate with Republican opposition unless the President will take the executive route with reconciliation as he did with his stimulus package. The President is said to be seriously considering this option.

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Go Ahead And Play With Your Toy Weapons

credit: getty

North Korea tested short-range missiles this week and diplomats are calling this a “test” of the Biden administration.

The U.S. does not want North Korea launching weapons obviously. So instead of testing ballistic missiles, the country tested short-range ones and the Biden administration responded by saying that this was okay and diplomatic negotiations can move forward.

This is a lot like a child being told not to play with scissors but then testing the rules by playing with kid scissors to see what the consequences would be. Apparently, we’re all fine with the smaller scissors. And so is Japan and South Korea. We saw that. We’re not going to punish. Carry on.

Snail Mail

credit: nytimes

Imagine someone pitching you this business plan: We’re going to slow down service and increase the cost to customers.

That is the new plan for survival of the U.S. Postal Service. Postmaster General Louis DeJoy announced this 10-year plan on Tuesday to save the mail service from its $87 billion losses over the past 14 years.

Currently, First class mail is supposed to be delivered in 1-3 days. The new plan will stretch delivery time to five days and it will cost more, although how much more has not been announced.

The plan also asks Congress to remove the Post Office’s obligation to pay out retirees’ health care in advance and require them to enroll in Medicare upon retirement. These health care costs have been a huge financial burden to the service since they were put in place in 2006.

News By The Numbers

credit: giphy

58 years old. That is the current age of champion boxer Evander Holyfield. He is confirmed to face Mike Tyson, 54, for the third time, almost 25 years after the famous ear-biting match. Raise your hand if you do NOT want to see men in their 50s hurting one another? Or give me a thumbs up if you do?

121%. That is how much profits were up at a company called Wanderlust Group since employees were given Mondays off for good. It started when “Game of Thrones” was still on the air on Sunday nights and the CEO told employees that if they didn’t want to go to work the day after a big episode, they shouldn’t. “Work should be something you’re passionate about.”

56%. That is how many investors in the U.S. stock market think the market is rigged against individual investors, according to a new survey.

$3.2 billion. That is how much coworking office space company WeWork lost last year due to the pandemic. The company is still looking to go public soon through a merger with NBA star Shaquille O’Neal’s company BowX.

Whatcha Makin Bacon?

credit: giphy

Eating bacon daily could increase your risk of dementia by 44%, according to a new study out of the UK.

It’s not just bacon. Any regular consumption of processed meats such as sausage, cured meats, and canned meats resulted in the same increased risk.

But not all meat is bad, according to this study. The findings revealed that people who ate unprocessed red meat actually had a lower chance of developing dementia. Specifically, consuming 50 grams of meats such as beef, pork, and veal resulted in a 19% decrease in risk of dementia.

So enjoy that cheesesteak with non-processed meat.

Chalk It Up To A Billionaire With Time On His Hands

credit: pbs

Scientists are going to experiment with a chalk cloud to try to cool the planet. This project is backed by billionaire Bill Gates.

Harvard University scientists will send 2 kilograms of chalk dust up in a balloon 12 miles above the surface of a town in Sweden. They will release all that dust into the air to see if the particles can deflect the sun’s radiation and cool the surface below. The first test will begin this summer.

Does anyone else with dust allergies not like this idea?

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