One More Fantasy

 

Dumber

 

Drug Free

 

Story

 

Voting

 

In The NEWS

Sports, Entertainment, & Culture
> The 2024 WNBA Finals kick off tonight (8 pm ET, ESPN) with the New York Liberty taking on the Minnesota Lynx in a best-of-five series (More)

> Vogue reveals theme for 2025 Met Gala, "Superfine: Tailoring Black Style," and names co-chairs: Colman Domingo, Lewis Hamilton, A$AP Rocky, and Pharrell Williams (More)

> Seattle Kraken's Jessica Campbell becomes NHL's first full-time female assistant coach (More) | 2024 MLB Division Series ongoing; see latest playoff bracket and schedule (More)


Science & Technology
> Nobel Prize in Chemistry awarded to trio of researchers for developing AI applications, including Google's DeepMind, to predict protein structure and folding (More) | Literature prize announced at 7 am ET this morning; see selection (More)

> Tesla CEO Elon Musk to unveil company's new driverless robotaxi during live event tonight at 10 pm ET; deployment timeline for the "cybercab" not yet revealed (More)

> Consuming fewer calories linked to increased life span in mice, large-scale study finds; results suggest the benefits of dietary restriction extend to improved immune health, genetics factors, and more (More)


Business & Markets
> US stock markets close higher (S&P 500 +0.7%, Dow +1.0%, Nasdaq +0.6%); S&P 500 and Dow notch fresh records as tech stocks—led by Super Micro Computer—continue to rally (More)

> Mining giant Rio Tinto announces it will acquire lithium miner Arcadium Lithium for $6.7B; Arcadium shares close up 31% on the news (More)

> Ratan Tata, former chair of India's oldest conglomerate, Tata Sons, dies at age 86; Tata Sons is the holding company for Tata Group, which oversees nearly 100 companies and acquired British Jaguar and Land Rover for $2.3B from Ford in 2008 (More)


Politics & World Affairs
> President Joe Biden holds call with Israeli Prime Minister Benjamin Netanyahu amid expectations for Israeli response to Iranian missiles last week (More) | See updates on war (More)

> North Korea announces it will cut off all roads and rail lines to South Korea and "permanently" block the border; announcement comes after months of missile tests, trash balloons (More)

> The Tropicana, Las Vegas' third-oldest hotel-casino, demolished in controlled implosion to make space for $1.5B Major League Baseball stadium (More, w/video) | See previous write-up (More)

SOURCE:  1440 NEWS

DIVIDED WE FALL

 

There are MILLIONS of people who want Donald Trump to lose the November 2024 election and there are Millions of people who want him to win.

The USA is DIVIDED...

Some say Trump will create a strong economy and build America back up again while some say Trump will destroy America and its democracy.

While no one really knows what will happen, there are those of us out there who will accept whatever happens to our country.

Here's what I know:

ONE

The Democrats want a large federal government and want to give the American people more than what they currently have.

That COSTS money.

Social programs RAISE TAXES.

TWO

The Democrats want more and more ILLEGAL IMMIGRANTS to enter the USA and while that may or may not help them politically, illegal immigration will change the CULTURE of America and will alter the QUALITY and COST of living.

THREE

The Democrats want go green energy and do away with gasoline, and while some people will lose their jobs, others will gain employment...  so, it is a wash out.

However:

• eliminating gasoline will hurt the economy
• eliminating gasoline will strain our current power grid
• eliminating gasoline is not supported by the building of EV charging stations
• eliminating gasoline is not what the rest of the world is going to do because it is expensive

FOUR

The Democrats believe in a small military, I guess so they can divert money to social programs but my concern is that our enemies will take advantage of our weaknesses, and we will not be able to properly defend ourselves.

Our Enemies are:

• Russia
• China
• Iran
• North Korea
• The Middle East
• India

FIVE

The Democrats are not that concerned with our NATIONAL DEBT and rather than try to pay down the debt, they want to spend more money and increase the national debt.  At some point this is going to work to our disadvantage.

This may happen:

• one year from now
• five years from now
• seven or more years from now

However,

the national debt is not going away so at some point in time, it will happen.

Somewhat Political

 

New Memorial

For nearly 100 years, Robert E. Lee's 10,000-pound monument rode high over the city of Charlottesville, Virginia. Now, it's been melted into bronze slabs and another memorial in town has risen to national prominence.

It's on the University of Virginia campus, titled the Memorial to Enslaved Laborers. It stands as the antithesis to the Confederacy, honoring the slaves forced to work at the university in the 1800s as carpenters, blacksmiths, roofers, stone carvers and other back-breaking trades.

"All these men, women, and children lived with dignity, resisted oppression, and aspired for freedom. For more than four decades, the entire University was a site of enslavement," according to the UVA President's Commission on Slavery. "Now, we’re confronting our past, uncovering new knowledge, and using that knowledge to teach, heal, and shape the future."     READ MORE...

TOP 5 GREATEST HITS OF THE BEATLES (Live Concert)

Surfing Globally

 

Still Another Fantasy

 

Redirection

 

Supply Chain

 

Reparations

 

Screwing up the Country

 

In The NEWS

Sports, Entertainment, & Culture
> OpenAI signs deal with Hearst—publishing giant responsible for Esquire, Cosmopolitan, and more—that will provide direct citations to Hearst's content via ChatGPT (More)

> New York Jets fire head coach Robert Saleh after 2-3 start to the NFL season (More) | Luis Tiant, Cuban-born three-time MLB All-Star pitcher, dies at age 83 (More)

> Disney World, Universal Studios, and Sea World among theme parks to close as central Florida braces for Hurricane Milton (More)


Science & Technology
> Nobel Prize in Physics awarded to John Hopfield (Princeton University) and Geoffrey Hinton (University of Toronto) for foundational work in machine learning (More) | Prize in Chemistry awarded this morning at 5:45 am ET; see selection (More) | The history of the Nobel Prize (More, w/video)

> Study suggests elephants remember former zookeepers by scent more than a decade after separation; findings shed light on the long-term memory and social relationships of the animals (More)

> Engineers demonstrate solar-powered desalination system requiring no external batteries to remove salt from water (More) | Desalination 101 (More)


Business & Markets
> US stock markets close higher (S&P 500 +1.0%, Dow +0.3%, Nasdaq +1.5%) led by tech stocks (More) | The history of Wall Street, from colonial wall to a financial powerhouse (More, w/video)

> China imposes tariffs on EU brandy imports following the bloc's tariffs on Chinese electric vehicles; France, which supplies 99% of China's brandy imports, expected to be hard-hit (More) | See EU-China trade data (More, w/graphics)

> PepsiCo reduces 2024 revenue outlook following disappointing Q3 earnings report (More) | Walmart expands pet care offerings—including veterinary care, grooming—to five locations in Arizona, Georgia (More)


Politics & World Affairs
> Over a dozen states sue TikTok, accusing the social media platform of harming children's mental health through addictive algorithms, violating consumer protection laws (More, free w/email) | The rise of TikTok (More, w/video)

> Israel says it has killed at least two unnamed, would-be successors to Hezbollah leader Hassan Nasrallah; Hezbollah has not commented as of this writing (More) | Who is Hashem Safieddine, Nasrallah's presumed successor? (More) | FBI arrest Afghan man who was allegedly plotting an Election Day attack in the US (More)

> Supreme Court indicates it is likely to uphold Biden administration's 2022 regulations on sales of unserialized gun part kits, following oral arguments (More) | See previous write-up (More)

SOURCE:L  1440 NEWS

Rule of 72

 

In 2001, our father was in the Norfolk Naval Hospital, and my brother treated me to a large vanilla cappuccino at the Starbuck's stand in the lobby.  He paid a little bit less than $7 for both cups of coffee.  Needless to say, it was delicious, and I have been drinking Starbuck's vanilla cappuccino ever since.

This afternoon, October 2024, twenty-three years later, I purchased a large vanilla cappuccino at the new Starbuck's location that just opened up about 30 minutes from the house.  I paid $6.75 for that cup of coffee using a gift card.  Needless to say, it was delicious.

MYPOINT:  My Starbuck's coffee, same size, 23 years later has doubled in value +/- a few pennies.

The Rule of 72...

If you take the current interest rate that leading institutions are paying you to invest your money with them, and divide that % into 72, the answer will approximate that number of years it will take your money to DOUBLE IN VALUE at that interest rate.

For example...

interest rate is 10%

72 divided by 10 equals 7.2 years

Here is a spin on the rule of 72...

Take the inflation rate and divide that % into 72 and the answer will approximate the number of years that it will take the cost of living to double at that rate...

So, if the inflation rate is 3%

72 divided by 3 equals 24

Now...

My large cappuccino coffee from Starbucks pretty much double in value after 23 years, +/- a month or two.

Therefore, one could conclude that our inflation rate while going up and down over the last 23 years has averaged about a 3% annual rate of inflation...  of course, this is totally based upon one consumer item and may not be indicative of our economy as a whole...

Still, it is interesting that it worked out this way and does somewhat reinforce the Rule of 72, at least in my opinion.

Somewhat Political

 

Nuclear Reactors to Save Humanity

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.

New York - CNN — AI hasn’t quite delivered the job-killing, cancer-curing utopia that the technology’s evangelists are peddling. So far, artificial intelligence has proven more capable of generating stock market enthusiasm than, like, tangibly great things for humanity. Unless you count Shrimp Jesus.

But that’s all going to change, the AI bulls tell us. Because the only thing standing in the way of an AI-powered idyll is heaps upon heaps of computing power to train and operate these nascent AI models. And don’t worry, fellow members of the public who never asked for any of this — that power won’t come from fossil fuels. I mean, imagine the PR headaches.

No, the tech that’s going to save humanity will be powered by the tech that very nearly destroyed it.          READ MORE...