Nitrous oxide, a third greenhouse gas nearly 300 times more potent than carbon dioxide, stays in the atmosphere for an average of 114 years, according to the Environmental Protection Agency (EPA).
... nitrous oxide emissions are 12 times higher than previously thought and therefore more of a threat.
The group used a small plane with a probe on its nose to measure greenhouse gases over 120sqm of thawing permafrost in the North Slope of Alaska.
They found that nitrous oxide emissions reached what was previously thought to be the expected yearly limit within just one month in August 2013. [Source]
For all the wrong reasons, the term “fiscal stimulus” became a dirty word in the wake of the Great Recession. Policymakers need to work hard to counter that perception before the next downturn hits.
President Barack Obama’s $800 billion spending plan is often criticized as having been ineffective. In reality, the plan played a crucial role in stemming a deepening economic slump, and if it fell short, it was because the aggressive one-time boost ultimately proved too small to counter the magnitude of the shocks at hand.
“Even actions like extending unemployment insurance during a long downturn are now highly controversial,” Romer said. “It’s truly frightening.” [Source]
Those who are looking forward to the next recession and who are opposed to using fiscal stimulus to end it are those who want to continually reduce the role of government so that they can increase privatization to further enrich themselves at everyone else's expense.
Fiscal stimulus is exactly the best method for ending a deflationary recession. To top it off, we don't even have to issue bonds/debt to vastly increase fiscal spending.
Real estate brokers are actively responding to interest from their residential and commercial clients on green features in properties, according to new data from the National Association of Realtors (NAR). [Source]
"Progressive Capitalism Is Not an Oxymoron," says Joe Stiglitz. However, the issue is the length of the spectrum. If you cut socialism (democratic or not) off the left, then there's the "progressive" side of the totally capitalist spectrum. If you include socialism, then it is an oxymoron. Anyway, the following by Joe Stiglitz is true:
America arrived at this sorry state of affairs because we forgot that the true source of the wealth of a nation is the creativity and innovation of its people. One can get rich either by adding to the nation’s economic pie or by grabbing a larger share of the pie by exploiting others — abusing, for instance, market power or informational advantages. We confused the hard work of wealth creation with wealth-grabbing (or, as economists call it, rent-seeking [doesn't mean hardworking landlords increasing the pie]), and too many of our talented young people followed the siren call of getting rich quickly.
The neoliberal fantasy that unfettered markets will deliver prosperity to everyone should be put to rest. It is as fatally flawed as the notion after the fall of the Iron Curtain that we were seeing “the end of history” and that we would all soon be liberal democracies with capitalist economies.
Most important, our exploitive capitalism has shaped who we are as individuals and as a society. The rampant dishonesty we’ve seen from Wells Fargo and Volkswagen or from members of the Sackler family as they promoted drugs they knew were addictive — this is what is to be expected in a society that lauds the pursuit of profits as leading, to quote Adam Smith, “as if by an invisible hand,” to the well-being of society, with no regard to whether those profits derive from exploitation or wealth creation. [Source]
The "research paper is prepared by and is the property of Bridgewater Associates, LP." It's worth the read. Here are highlights, as I see them:
When we expand the margin analysis globally, we see that many of the forces that supported US profit margins over the past two decades have similarly buoyed profit margins across most other developed economies. Corporations around the world simultaneously benefited from the broad-based decline in labor’s bargaining power, increased globalization, lower anti-trust enforcement, technology allowing for greater scale and lower marginal costs, and lower corporate taxes, interest rates, and tariffs. These factors have produced the most pro-corporate environment in history globally, with the US [corporations, executives, shareholders, not workers] benefiting the most. ...
The biggest force behind the global profit margin expansion has been the decline in the labor share of output. A key factor that has contributed to this reduction in labor’s bargaining power versus capital is the decline of organized labor and unions. This phenomenon has occurred over decades for an array of reasons that are intertwined with the other forces acting on margins—like access to pools of cheaper foreign labor and advancing automation technology.
A big force driving this phenomenon was the massive pool of cheap labor coming online in China, which depressed labor wages across the developed world ....
... this accelerated after 2001, when China joined the WTO ....
... While some of this was passed on to consumers through lower prices for goods, a big portion was retained by these companies in the form of higher profit margins. ...
We have seen popular sentiment begin to sour against the forces that have driven margin expansion, as well as against the companies that have benefited most from them. ... we are in the midst of a populist backlash against rising inequality and we are increasingly seeing a move toward more protectionism. Recent surveys show increasing animosity toward globalization and the power of companies more broadly, and a bit more welcoming attitudes toward government regulation of firms.
... it will be hard for companies around the world to maintain the current level of profitability over the coming decade, let alone increase margins further from here. [Source]
The Tax Cuts and Jobs Act of 2017 was primarily about saving corporations billions, but, of course, Donald Trump and the G.O.P couldn’t sell the legislation on the slogan “Google needs more money.“ Instead, they claimed that the bill was really about the middle class, whose lives (and bank accounts) would inevitably be improved when these magnanimous companies shared the wealth not only with top executives and shareholders, but with average workers. More than a year after the passage of the historically unpopular law, the White House continues to embrace this trickle-down fantasy, declaring in a “fact sheet” released yesterday titled “American Workers Are Thriving Thanks To President Donald J. Trump’s Middle Class Tax Cuts” that the T.C.J.A. has resulted in “big bonuses.” And by big, they mean, on average, a penny.
According to the Economic Policy Institute’s Larry Mishel, data from the Bureau of Labor Statistics’ Employer Costs for Employee Compensation shows that “bonuses actually fell $0.22 between December 2017 and December 2018 and the average bonus for 2018 was just $0.01 higher than in 2017.” ...
Anyway, enjoy that penny—don’t spend it all in one place! [Source]
... survey in 2012 and 2014 showed economists largely agreeing that the Obama stimulus reduced unemployment and was beneficial, even though the political right was strongly opposed to it. The reason is that economic theory and nearly all evidence shows that fiscal expansion when interest rates are stuck at their lower bound is expansionary.
Equally standard microeconomic theory is just as clear that the minimum wage will reduce employment, and I suspect that had this survey been done in the early 1990s most academics would have agreed with this, whatever their political persuasion. What has changed is the evidence. This example clearly shows a good number of academics responding to empirical results that conflict with standard theory.
According to several disaster recovery and flood management experts who reviewed the legislation, Texas is indeed ahead of the curve in some aspects of disaster preparedness, but they say it’s behind other states in other areas.
Some Connecticut Condo Associations Can Seek Crumbling Foundation Help
"A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig."
Tsunami-Wrecked Fukushima Nuclear Plant Begins Fuel Removal in Melted Reactor
It will take years, and new technology will be needed to finish securing the entire site. Let's pray another tsunami doesn't hit before they're done.
‘People Are Still Living in Toxic Homes’ ~ County Allocates $5.2 Million to Continue Exide Cleanup:
Closed in 2015 after coming under investigation under the U.S. Attorney’s Office, Exide had been been spewing lead and arsenic particles from the facility’s smelters for decades – contaminating air, soil, and groundwater in Vernon, Boyle Heights, Commerce, Maywood, Huntington Park, Bell, and parts of East L.A. – and affecting hundreds of thousands of people. The effects of lead poisoning include, high blood pressure, an increased risk of stroke or heart attacks, kidney disease, risk of miscarriages in pregnant women, an increased risk of developing learning problems especially in children early in their development, and an increased risk of cancer.
Exide, a company based out of Milton, Georgia, had been fined and monitored for years – led by efforts of community organizations – before its closure in 2015 by local, state, federal agencies for excessive emissions of toxins and improper storage of toxic substances. But even when they negotiated a settlement with the U.S. Attorney and admitted to felony violations, they managed to avoid criminal liability for their actions, and got away with only having to put up $9 million for cleaning up houses around the facility over a five year period.
Does this give you a sinking feeling?
Human interface devices (HIDs) such as keyboards and mice, charging cables for smartphones, and even things like plasma balls and thermal mugs, can be tampered with to target industrial control systems. [and any computer]
Trojanized mice and keyboards, as well as surveilling or malicious cables, are serious threats that can be used to compromise even air-gapped systems. Nowadays, the tools for such attacks can be purchased cheaply and programmed with next to no programming skills, so such threats should be on your radar.
To protect critical infrastructure against such threats, use a multilayered approach.
This is an enlightening article for those who don't comprehend how web traffic can fly below the radar, though the particular loophole is closing.
Privacy 2019: Tor, Meek & The Rise And Fall Of Domain Fronting
Script Kiddies Do What They Do Best: Infect Themselves
The security of product buyers is serious business. Product manufacturers should not be given insurance policies covering product liability is they do not security-check their products. If they don't security-check and don't have sufficient product-liability coverage, they should not be granted a business license or be allowed to renew that license. Their products should be mandatorily recalled by order of the government. All purchasers should be given a full refund. Wholesalers and retailers should also be required to do due diligence concerning the manufacturing and product chain.
Application security is not a priority for suppliers, with 23% of IT security professionals polled admitting their organisations do not carry out security testing on all products before launch.
Main moral of this story: don't open anything with macros enabled. Make sure all your Microsoft software has macros disabled.
If you communicate overseas via the Internet, you need to know this.
By corrupting the internet's directory system, hackers were able to silently use "man in the middle" attacks to intercept all internet data from email to web traffic sent to those victim organizations.
That sort of man-in-the-middle attack should be prevented by SSL certificates, which are meant to assure that the recipient of encrypted internet traffic is who it claims to be. But the hackers simply used spoofed certificates from Let's Encrypt or Comodo, which were able to trick users with signs of legitimacy like the lock symbol in a browser's URL bar.
... it’s not hardened on enterprise networks, because it's not part of the network. No one really thinks about who their [domain] registrar is."
One solution to the DNS hijacking epidemic is for organizations to implement a "registry lock," a security measure that requires a registrar to take extra authentication steps and communicate with a customer before the customer's domain settings can be changed. The US Department of Homeland Security went so far as to issue an alert to American network administrators to check their domain registrar's authentication settings in January, which was issued in response to reports of DNS hijacking from NetNod and Packet Clearing House according to latter company's executive director Bill Woodcock.
But Cisco's Williams says many country's top-level domain registrars still don't offer registry locks, leaving customers in a state of uncertainty.
There's a patch available: Microsoft Edge File Permissions Clash with IE, Allow XXE Attacks
Here's an easier way to block the IE XXE zero day security hole. You can also block .mhtml this way too, but be sure you know what you're doing.
The latest Windows patch is breaking even more PCs with antivirus installed:
Affected computers either freeze outright or start acting abominably slow when you attempt to log into Windows. You can skirt the issue by booting into Safe Mode, disabling your antivirus, and rebooting your system normally.
If you need to do that, get your PC’s guard back up by activating Windows Defender in Windows 8.1, or downloading Microsoft Security Essentials for Windows 7.
Sec. Carson told The Real Deal last month that his agency cannot mandate affordable housing in the zones. It will, however, give preference for developers who apply for certain federal grants to build affordable housing within Opportunity Zones. [Source]
For decades America has gotten richer and individual workers have gotten more productive. We work longer hours, produce more per hour and raise stock prices to once-unimaginable levels… and almost no one has gotten a meaningful raise since the Carter administration. [Source]
True, but the article falsely claims that only selfish pursuits work.
The only incentive is selfish rewards? That's learned thinking. It's pushed on us. If children were brought up democratically and were encouraged from the start to value cooperation and altruism, we wouldn't be stuck in the narcissistic, sociopathic mess we're in.
Banks now create most of our money supply and need to be made public utilities, following the stellar precedent of the Bank of North Dakota, which makes below-market loans for local communities and businesses while turning a profit for the state. The Bank of North Dakota was founded in 1919 in response to a farmers’ revolt against out-of-state banks that were foreclosing unfairly on their farms. Since then it has evolved into a $7.4 billion bank that is reported to be even more profitable than JPMorgan Chase and Goldman Sachs, although its mandate is not actually to make a profit but simply to serve the interests of local North Dakota communities. Along with hundreds of public banks worldwide, it has demonstrated what can be done by cutting out private shareholders and middlemen and mobilizing public revenues to serve the public interest.
... says Sen. Hasegawa, “I see a public bank as almost inevitable because of the current financial structures we’re required to live under.” State infrastructure needs are huge, and the existing funding options—raising taxes, cutting services and increasing debt levels—have been exhausted. Newly-created credit directed into local communities by publicly-owned banks can provide the additional funding that local governments critically need.
Whichever state wins the race for the next state bank, the implications are huge. A century after the very successful Bank of North Dakota proved the model, the time has finally come to apply it across the country. [Source]
My house is located in the middle of my street. We have been extensively remodeling it for the last two years. People walk down my street all the time and whenever I am out, I am showered with compliments about the house in general and the landscaping specifically. [Source]
“We must not waste any more time in fundamentally changing the way we interact with nature,” he said. “We need an economy that nurtures and restores our environment, not one that trashes it.” [Source]
Sourcewatch writes of ILSI that: “The interests of food, pharmaceutical, tobacco, energy, and other industries have become even more entwined. They have learned to cooperate (rather than blaming each other for the cancer epidemic) and they now form coalitions to fight health and environmental regulations.
The aims of PAN Europe and the Endocrine Society, on the other hand, are: 1) to recognise the reality of ‘low dose effects’ which are currently not tested at all for pesticides; 2) the recognition that chemicals may cause non-linear toxicity responses over a wide range of doses. These are called ‘non-monotonic dose-effect responses’ (whereas regulators presently acknowledge only linear dose-response curves of toxicity and even dismiss effects entirely if they are not linear); 3) mandatory testing for endocrine disruption; 4) to dispute the current regulatory assumption that chemicals have safe thresholds. All are missing from the SAPEA report.
In a further blow to precaution, the SAM report proposes to change EU rules by exchanging the acceptable level of citizen protection from “do not have any harmful effects on humans” for an undefined level, that of “acceptable risk”. This is the change of regulation that would make human harm legal, since it would stop the EU’s much-detested-by-industry ‘hazard approach’ that aims to avoid any exposure of humans to classified (mutagenic, carcinogenic, reprotoxic (toxic for reproduction), persistent and endocrine disrupting) pesticides. [Source]
... cities with millions of inhabitants rendered uninhabitable by heat, widespread flooding of coastal regions (in which hundreds of millions of people live), catastrophically long droughts, water shortages, crop failures, gigantic forest and brush fires and, as a result, untold millions of climate refugees. It will happen at all once, and it will only get worse and worse. If we're very unlucky, one day we may not have clouds.
... The young have started fighting back.
And they shouldn't stop. [Source]
There is anthropogenic global warming driving massive climate change bringing more and more catastrophic weather events and causing climate refugees, huge economic losses, and unprecedented political divides. What's to do? Well, many people believe it's worth it to break small laws to draw attention to the aforementioned disasters in the making, disasters that can and ought to be avoided via proper vision and will to bring forth the right planning, organizing, and exercising of such. Those people have started their "Extinction Rebellion." It's growing. Will it help save the day?
Critics of the program still worry it will only benefit wealthy developers in gentrifying and up-and-coming areas that happen to be in Opportunity Zones, and that the truly distressed communities will be ignored.
The political analysis in the article is wrong. It's behind the times.
Warren Mosler, a hedge funder who’s helped popularize MMT especially within the finance world, has argued that the government doesn’t need to levy any taxes to pay for Medicare-for-all. Laying off the millions of people doing health care administration for private insurers and hospitals would be a major deflationary event, he argues, so if anything, the government should offer a tax cut or another spending increase to “pay for” Medicare-for-all in inflation terms.
Many people don't believe me when I tell them that there are those who believe capitalism is right and democracy is wrong.
He [Stephen Moore] also “repeatedly said he believed capitalism was more important than democracy,” ....
The People should decide via pure democracy exactly how much and where and when they want to allow capitalism or public ownership. The People should democratically decide the mix, the ratio. It is absolutely wrong to leave it up to historically continuous elitists making such choices over the People's objections.
This could help tenants pay the rent.
Last week, Sens. Sherrod Brown (D-OH), Michael Bennet (D-CO), Ron Wyden (D-OR), and Richard Durbin (D-IL), introduced legislation to expand the EITC for parents and significantly boost it for the childless — increasing the maximum amount a childless worker could get from $529 to over $2,000. It also allows recipients to access up to $500 ahead of tax time, which would hopefully provide families relief throughout the year, not just in one lump at tax time, so they don’t have to turn to payday lenders or go into debt when emergencies arise. The bill has garnered support from nearly every Democrat in the Senate.
In 2017, Brown and then-freshman Rep. Ro Khanna (D-CA) put forward a plan that would have expanded the EITC even more for a poor family with two children, increasing it from the current maximum of about $5,700 to more than $10,000, while childless workers would see their credit grow six-fold. The two lawmakers, along with Rep. Bonnie Watson Coleman (D-NJ), resurfaced the idea in February and extended it to students and people caring for young children, aging parents, and other relatives — none of whom are currently eligible.
If the regulatory system had been less Balkanized and more capable of addressing the risks, if crisis managers had been empowered all along to use overwhelming force to avoid financial collapse, and if there had been mechanisms in place from the start to ensure that the financial system would pay for its own rescue, the fire would have been less intense, and the firefighting would have seemed less inconsistent and unfair.
A DECADE LATER, the vital question to ask is whether the United States is better prepared today. We believe the answer is: yes and no.
As of last year, the city had produced less than one-quarter of the low- and very low-income units needed to satisfy its 2021 targets, according to the California Department of Housing and Community Development.
“We need to build more affordable and workforce housing, but we need more tools to do this,” said Ryu.
SB 50 would require cities and counties without certain affordable housing requirements to include affordable units in buildings with more than 10 units. In buildings with more than 351 units, for example, 25 percent would have to be set aside for low-income tenants.
“It doesn’t do enough to stop displacement,” said councilmember Mike Bonin. “It has to do a hell of a lot, a hell of a lot more, to get us a lot more affordable housing, and have real significant protections in there to protect what exists now.”
What if we actually pulled off a Green New Deal? What would the future look like? The Intercept presents a film narrated by Alexandria Ocasio-Cortez and illustrated by Molly Crabapple. Set a couple of decades from now, the film is a flat-out rejection of the idea that a dystopian future is a forgone conclusion. Instead, it offers a thought experiment: What if we decided not to drive off the climate cliff? What if we chose to radically change course and save both our habitat and ourselves? We realized that the biggest obstacle to the kind of transformative change the Green New Deal envisions is overcoming the skepticism that humanity could ever pull off something at this scale and speed. That’s the message we’ve been hearing from the “serious” center for four months straight: that it’s too big, too ambitious, that our Twitter-addled brains are incapable of it, and that we are destined to just watch walruses fall to their deaths on Netflix until it’s too late. This film flips the script. It’s about how, in the nick of time, a critical mass of humanity in the largest economy on earth came to believe that we were actually worth saving. Because, as Ocasio-Cortez says in the film, our future has not been written yet and “we can be whatever we have the courage to see.”
The average ransom paid to cyber criminals nearly doubled to $12,762 per incident in the first quarter of 2019, compared to $6,733 during the fourth quarter of 2018, according to a report released today by Coveware, a cybersecurity firm based in Norwalk, Connecticut that specializes in responding to cyber ransom demands.
Siegel said in an ideal world, no ransom would ever be paid. But Ryuk is a sophisticated virus that can not be decrypted without a decryption key that is available only from the entity that planted the bug.
Mondelez’s insurer, Zurich Insurance, said it would not be sending a reimbursement check. It cited a common, but rarely used, clause in insurance contracts: the “war exclusion,” which protects insurers from being saddled with costs related to damage from war.
Mondelez was deemed collateral damage in a cyberwar.
The disputes are playing out in court. In a closely watched legal battle, Mondelez sued Zurich Insurance last year for a breach of contract in an Illinois court, and Merck filed a similar suit in New Jersey in August. Merck sued more than 20 insurers that rejected claims related to the NotPetya attack, including several that cited the war exemption. The two cases could take years to resolve.
Courts often rule against insurers that try to apply the wartime exemption. After hijackers destroyed a Pan Am airliner in 1970, a United States court rejected Aetna’s attempt, determining that the action was criminal, not an act of war. In 1983, a judge ruled that Holiday Inn’s insurance policy covered damage from the civil war in Lebanon.
In the Mondelez and Merck lawsuits, the central question is whether the government’s attribution of the NotPetya attack to Russia meets the bar for the war exclusion.
Risk industry experts say cyberwar is still largely undefined. Attribution can be difficult when attacks come from groups with unofficial links to a state and the blamed government denies involvement.
Not to mention that experts in cybersecurity dispute the claims that Russia and North Korea were actually behind the attacks.
Ecuador says hit by 40 million cyber attacks since Assange arrest:
Ecuador said on Monday it has suffered 40 million cyber attacks on the webpages of public institutions since stripping Wikileaks founder Julian Assange of political asylum.
Javier Jara, undersecretary of the electronic government department of the telecommunications ministry, said the country had suffered "volumetric attacks" that blocked access to the internet following "threats from those groups linked to Julian Assange."
Actually, the attackers are not linked to Julian Assange.
Cyber Breach Planning: Lessons From The Equifax Breach:
Some lessons on good governance practices from the Commissioner’s perspective include:
knowing who is saving and modifying files when they involve personal information;
securely storing staff and customers’ usernames and passwords;
keeping production data separate from test data;
training staff on appropriate handling of personal information;
keeping security certificates updated; and,
having the required certification standards met.
Update 4/16/19 9:24 AM EST: Added that this exploit would not affect uBlock Origin and a portion of AdBlock Plus' statement is below:
"It is our responsibility to protect our users, and despite the actual risk being very low, we have decided to remove the rewrite option and will accordingly release an updated version of Adblock Plus as soon as technically possible.We are doing this as a measure of precaution. There has not been any attempt of abusing the rewrite option and we will do everything we can to ensure this won’t happen."
Andreas Gal of San Mateo says officers from U.S. Customs & Border Patrol detained him at San Francisco International Airport in November of 2018 and 'aggressively' questioned him about his travel and insisted he unlock his cell phone and computer, which he refused to do. The incident involving Gal has prompted the question how much evidence do officers need to conduct investigations of electronic equipment. The question could come before the U.S. Supreme Court.
Such searches can reveal “an individual’s intentions upon entry” and are “critical to the detection of evidence relating to terrorism and other national security matters, human and bulk cash smuggling, contraband, and child pornography,” the agency said.
Don't travel out of the country with your private life on your devices? Only take the data that you don't care the government sees when you reenter? There are also ways around this via VPN. Don't be a criminal. Don't be suspicious. However, people are politically targeted for simply being privacy advocates, which appears to have been the case with Andreas.
Remote Fingerprint Unlock: Unlock Windows with Android fingerprint scanner:
It is completely secure, and the developer is working to bring more features and security enhancements to the application.
The first rule: never say anything is "completely secure."
The first established Democratic presidential candidate out of the gate becomes the first candidate to offer a cybersecurity policy proposal, too. Former Maryland congressman John Delaney today is proposing the creation of a Department of Cybersecurity.
“In light of the many recent and continued cyberattacks on our country, we need to establish a cabinet-level agency to focus on protecting our cyberspace, similar to what we did after the terrorist attacks on September 11, 2001 when we established the Department of Homeland Security to protect the homeland,” he said in a statement. “Currently our cybersecurity efforts are spread across multiple agencies, but by creating a new department we can centralize our mission, focus our goals and efforts, and create accountability.”
The estimated cost to end homelessness in the San Francisco Bay Area is $12.7 billion and additional billions annually to fund ongoing services to the needy, according to a report released Wednesday.
... It estimated the average per unit cost of housing each homeless person in the Bay Area region at $450,000 but also noted that housing costs in San Francisco are more than $700,000 per unit when land is factored in.
“Despite a growing economy and low unemployment, homelessness in the Bay Area grew at an annualized average of 2% between 2011 and 2017,” the report said. “The growth of homelessness during an economic expansion is attributable to the region’s inability to build homes at a rate appropriate for its job and population growth.”
Overall, California has nearly 130,000 people experiencing homelessness, or 24% of the nation’s total homeless population, according to U.S. government estimates. New York follows with about 92,000 homeless individuals and then Florida with just over 31,000.
Pay Less in Taxes: Essential Deductions for Rental Property Investors
5 Reasons the Fourplex Is the Perfect House Hack
Q & A With Real Estate Attorney: Structuring JVs, Newbie Closing Mistakes, and How to Build Your Team:
I think the number one mistake real estate investors make is that they do not include the right contingencies. Or, even worse, they don’t put contingencies at all.
A lot of real estate deals—from tiny deals to complex transactions—have skeletons. And you, as an investor, should have an option to get out of the deal if the deal turns out not to be what you signed up for.
Remember the 3D investor?
No, I’m not talking three dimensional. I’m talking the 3D equation—death, divorces, defaults—three instances in which an investor sees opportunity.
Well, there’s actually a fourth: distress.
My finance guy constantly gets requests for refinancing, funding, whatever. Some deals just aren’t financeable, for whatever reason.
If the owner can’t pull money out of the property, guess what liquidation option remains. Yup. Selling the property.
In other words, you now have a seller that’s extremely motivated. And guess who hears about it way before a broker has a chance to even know what’s happening?
Bingo! The same people the lender’s already doing business with.
For this research project, Long and Corns will use data from the Meramec and Missouri basins to train a deep learning neural network to determine how deep and how quickly floodwaters will rise.
Utilities have for decades diluted the waste, which includes such toxins as arsenic, boron, lead and radium, and stored it in open pits called ponds. And while coal plants’ air pollution and greenhouse gases get more national attention, residents and officials in some states are now forcing plant operators to clean out their ponds.
Typically separated from rivers and groundwater by clay, rocks, and dirt, the ponds have at times burst, unleashing thousands of tons of waste into rivers in Tennessee and North Carolina.
Millar warns that LNG is especially hazardous because of its ability to easily warm to a vigorous boil, forming a flammable gas cloud that can erupt into an unquenchable fire. A 1944 explosion in Cleveland killed more than 100 people after liquefied natural gas from an East Ohio Gas Co. storage tank seeped into the city’s sewer system and ignited, leveling homes and businesses across several city blocks, he said.
Now a new study titled “Minding the Protection Gap,” just published in the Connecticut Insurance Law Journal, concludes the prevalence of under-insurance among American homeowners might be closer to 80 percent. ...
... It’s tempting to instead enter fewer parameters to the software tools to estimate coverage and simply quote the most competitive premium they can.
We always encourage property owners to include as many parameters as possible.
Deadly Storms Sweep Through Texas, Southern States:
Powerful storms that rolled across the South over the weekend spawned tornadoes, damaged homes and killed at least four in Texas, including two children, authorities said.
No matter how much you learn about people dying, especially children, you can't get used to it. The poor parents who were only a few feet away!
Many tenants are gig workers.
The rights include informing workers about the working conditions such as duration and remuneration from day one.
Workers will also be able to refuse, without consequences, an assignment outside predetermined hours or be compensated if the assignment is not canceled in time.
Employers will not be allowed to hinder workers from working for other companies and will have to provide free mandatory training.