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401k losses financial crisis

Is a second S.F.-to-East Bay Transbay Tube coming? BART and regional rail unveil new plan

· January 27, 2021 · Leave a Comment

The Link21 project will be expensive and is dependent on future funding. In 2019, BART approved a $50 million contract with infrastructure design firm HNTB Corporation for advising and program management services. BART has also put $110 million toward project planning from its Measure RR bond, which was approved by voters in 2016. The Capitol Corridor Joint Powers Authority is putting in $1 million annually with another $50 million from Metropolitan Transportation Commission-managed Regional Measure 3 funds. … [Read more...] about Is a second S.F.-to-East Bay Transbay Tube coming? BART and regional rail unveil new plan

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Everyone’s Laughing About GameStop, And Perhaps Justifiably So. But There’s A Flip Side To The Story

· January 27, 2021 · Leave a Comment

When an investor shorts the market they do so on margin, and when they’re forced to cover their shorts, like what the market is seeing now, they’re forced to raise capital to pay it. While small-time investors might not feel the wrath of this squeeze, big time investors are likely to cover their margin by selling their long positions, which are most likely leveraged. If enough investors begin tapping into their long term positions to cover their losses, the market could see some other unintended fluctuations. … [Read more...] about Everyone’s Laughing About GameStop, And Perhaps Justifiably So. But There’s A Flip Side To The Story

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Liz Cheney’s popularity in Wyoming sinks after impeachment vote, Trump PAC claims

· January 28, 2021 · Leave a Comment

During an appearance on Fox News’ "America’s Newsroom" last Thursday, Cheney downplayed her impeachment decision and instead said the GOP needed to united in opposition to the Biden administration’s agenda – "the policies that we know are going to be very damaging for the country." … [Read more...] about Liz Cheney’s popularity in Wyoming sinks after impeachment vote, Trump PAC claims

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Jeffrey Epstein and Ghislaine Maxwell Forced Young Girls Into an Orgy: Court Records

· January 28, 2021 · Leave a Comment

Lawyers for Giuffre insisted this testimony was a smoking gun pointing to Maxwell’s central role in Epstein’s underage sex ring. “It is not just the flight logs showing Defendant flying with Epstein and Ms. Giuffre over twenty times when she was a minor; it is not just the message pads from law enforcement's trash pulls that show Defendant arranging to have an underage girl come over to Epstein's house for “training,” it is not just the police report; it is not just the photographs of [Maxwell] and other men with Ms. Giuffre when she was a minor,” Giuffre’s team wrote. “Now, there is actual, live testimonial evidence that [Maxwell] was a procurer of young girls for sex with Jeffrey Epstein, with whom she shared a home and a life, thus validating Ms. Giuffre’s claims.” … [Read more...] about Jeffrey Epstein and Ghislaine Maxwell Forced Young Girls Into an Orgy: Court Records

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COVID-19 Exposes How City Hall Officials In Kansas Get Cold Shoulder Even In Pandemic

· January 25, 2021 · Leave a Comment

Trey Cocking and Eric Sartorius, of the League of Kansas Municipalities, say legislative priorities of the state's 600 cities include COVID-19 regulation, property and sales tax reforms and Medicaid expansion. (Submitted/Kansas Reflector) TOPEKA — League of Kansas Municipalities representatives Trey Cocking and Erik Sartorius have reserved seats to observe how more than 600 cities in the state interact with other levels of the government hierarchy during the COVID-19 pandemic. … [Read more...] about COVID-19 Exposes How City Hall Officials In Kansas Get Cold Shoulder Even In Pandemic

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