a big sell-off in stocks.
Here’s what that means for the market 0 replies
Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic analyses. As part of his $4 trillion tax plan, Biden has proposed increasing the top tax rate for capital gains for the highest earners to 39.6% from 23.8%, the largest real increase in capital gains rates in history. Economic analyses show that capital gains tax hikes cause a burst of stock-selling in advance of the increase, as investors look to lock in the lower existing tax rates before they rise.
techniques at Notre Dame 8 replies
With precision and boundless energy, a team of carpenters used medieval techniques to raise up — by hand — a three-ton oak truss Saturday in front of Notre Dame Cathedral, a replica of the wooden structures that were consumed in the landmark’s devastating April 2019 fire that also toppled its spire. The demonstration to mark European Heritage Days gave the hundreds of people a first-hand look at the rustic methods used 800 years ago to build the triangular frames in the nave of Notre Dame de Paris. It also showed that the decision to replicate the cathedral in its original form was the right one,
Works’ after National
Guard Suppresses Kenosha Protests 12 replies
President Donald Trump has said federal agents have quelled tensions in Kenosha, and suggested that their deployment could also ease unrest in Portland. The Wisconsin city became the latest flashpoint in protests over police brutality and racism following the police shooting of Jacob Blake in front of his three children on Sunday, with widespread looting and arson taking place. While an initial offer of federal help was rejected, Democratic governor Tony Evers accepted the assistance following the shooting deaths of two protesters. Kyle Rittenhouse, 17, has been charged with their murders. Around 1,000 National Guard and 200 federal
Faith is on the decline nowadays, and it is no wonder. Most people in these postmodern times are convinced that it’s impossible to know anything with settled certainty — so they can’t really believe anything, either. When you aren’t even sure whether objective truth exists, the suggestion that there is something to believe in simply doesn’t make any sense. Begin with the assumption that nothing can be known for sure, and religious convictions are automatically out of the question. In case you hadn’t realized it, that kind of thinking now dominates our society.
Some bad breath just can’t be covered up.
Now that dentists have reopened their doors, they’re having patients show up with a nasty set of symptoms, which the doctors have dubbed “mask mouth.” The new oral hygiene issue — caused by, you guessed it, wearing a mask all the time to prevent the spread of the coronavirus — is leading to all kinds of dental disasters like decaying teeth, receding gum lines and seriously sour breath. “We’re seeing inflammation in people’s gums that have been healthy forever, and cavities in people who have never had them before,”
An economics professor at Wright State University in Dayton, Ohio, says the school has repeatedly denied his request to teach an elective class critical of Marxism to the general student body. “Clearly, it’s all just censorship,” Wright State economics professor Evan Osborne told Fox News. “I have proposed several electives. All have been approved, not going against the sacred beliefs of the radical wing of our department.”
Only honors students will be allowed to take Osborne’s class “Marxism: A History of Theory and Practice” despite his requests that it be opened to any student, The College Fix first reported.
have it exactly wrong on
feds vs. protesters in Portland 14 replies
If only mobs were allowed to destroy federal property without consequence. Then, there wouldn’t have to be any dispute over federal agents defending a federal courthouse in Portland, Ore.; it could simply be over-run and burned to the ground with no unwelcome resistance from the government. As it is, Portland’s mayor, Ted Wheeler, who presides over a city that has become a watchword over the years for left-wing thuggery unchecked by municipal authorities, has roused himself to a state of high dudgeon — over federal officers trying to counter ongoing assaults on a federal building.
on street violence
as police targeted 8 replies
Protesters have drawn national attention after setting a fire inside the Portland Police Association building Saturday night. Portland Police said around 10:45, protesters broke into the PPA’s building and almost immediately started a fire. The building on North Lombard Street is still covered with graffiti and remnants from the fire set Saturday night are still scattered inside. Ash Leabenworth lives a few houses down from the PPA and said while it’s scary to see this happening on his street, he says dramatic action needs to be taken in order for change to happen.
of Hydroxychloroquine and Chloroquine 26 replies
The Lancet is one of the world’s oldest and best-known medical journals. According to its “manifesto,” it “sets extremely high standards. We select only the best research papers for their quality of work and the progression they bring.… We recognize that a great research paper is not enough and that it requires development, mobilization and exposure. So we promise to set agendas, create context, inform leaders, start debates, and advocate for the idea that research can and will make a difference.” Pursuant to that mission statement, on May 22, 2020, the Lancet published a study …
at treating coronavirus 85 replies
Anthony Fauci on Wednesday said there’s no evidence that shows the anti-malaria drug hydroxychloroquine is effective at treating COVID-19. “Clearly the scientific data is really quite evident now about the lack of efficacy for it,” Fauci, the nation’s top infectious disease doctor, said during a CNN interview. Fauci said evidence also shows the likelihood that the drug can cause severe irregular heart rhythms. “There was suspicion of that for a while, but as data comes in, it becomes more clear,” Fauci said. The pronouncements mark Fauci’s strongest warnings yet against the drug and puts him at odds with President Trump, who has embraced the drug as a “game changer” and a “miracle.”
Belief in Afterlife for Lockdown Protests 43 replies
Harvard psychology professor Steven Pinker said Thursday that the push for reopening society from lockdowns comes from Christianity’s “malignant delusion” of belief in an afterlife. Atheists who believe in this life alone are more concerned with health and safety, Professor Pinker suggested in a Tweet, while Christians tend to devalue “actual lives” and live a riskier existence. Belief in an afterlife is a malignant delusion, since it devalues actual lives and discourages action that would make them longer, safer, and happier. Exhibit A: What’s really behind Republicans wanting a swift reopening? Evangelicals. https://t.co/ppo2bwiVGn — Steven Pinker (@sapinker) May 21, 2020
Chance of Helping COVID-19 Patients,
States Association of American
Physicians and Surgeons (AAPS) 21 replies
TUCSON, Ariz. – In a letter to Gov. Doug Ducey of Arizona, the Association of American Physicians and Surgeons (AAPS) presents a frequently updated table of studies that report results of treating COVID-19 with the anti-malaria drugs chloroquine (CQ) and hydroxychloroquine (HCQ, Plaquenil®). To date, the total number of reported patients treated with HCQ, with or without zinc and the widely used antibiotic azithromycin, is 2,333, writes AAPS, in observational data from China, France, South Korea, Algeria, and the U.S. Of these, 2,137 or 91.6 percent improved clinically. There were 63 deaths (skip) The antiviral properties of these drugs have been studied since 2003.