A new very of SpaceX's Falcon rocket, the 9 Block 5 is "designed to be capable of 10 or more flights with very limited refurbishment." The company is striving for "rapid reusability and extremely high reliability." Improvements in efficiency for rockets are paramount to making any commercial rocket program a success. In the past rockets were taxpayer funded, and therefore little attention was paid to the profitability of their operation. But with SpaceX and Blue Origin vying with traditional rocket builders like Boeing to become American alternatives to Russian launch operations, every … [Read more...]
The Mormons Cut Ties with the Boy Scouts
With an ever increasing focus on political correctness as opposed to scouting, the Boy Scouts of America organization has pushed away one of its strongest allies, the Mormon church. Brady McCombs of the Associated Press reports: For more than a century, the Boy Scouts of America and the Mormon church formed an ideal pair as they helped each other expand their organizations and build their brands while molding countless young men through bow knots, pinewood derby races and campouts. But as the calendar flipped to the 21st Century, the longtime partners originally drawn to each other by … [Read more...]
Le Bristol Paris
Visit the website of Le Bristol Paris here. … [Read more...]
Is Neil Gorsuch to Blame for the Supreme Court’s Slow Pace?
Ilya Shapiro, The Cato Institute's senior fellow in constitutional studies, writes that the court's slow pace in decisions this Spring has less to do with its newest appointed justice, Neil Gorsuch, and more to do with the full slate of complicated decisions sitting before the court. Despite that, Shapiro says the decisions handed down thus far have shed some light on what type of justice Gorusch will be, and how he differs from others on the bench. Shapiro writes: The Supreme Court is on a record slow pace for deciding cases this term, leading to speculation that the justices are having a … [Read more...]
Forbes: Powell’s Fed Still Believes in Funny Money
In an editorial appearing in his eponymous magazine, Steve Forbes writes that the Federal Reserve's new chairman, Jerome Powell will continue the same bad policies that have done so much harm to the American economy. Forbes lists a number of these misguided approaches, but the first is the belief in what he calls "funny money." He writes: THE FEDERAL RESERVE'S new chairman, Jerome Powell, recently presided over his first meeting of the Federal Open Market Committee, which sets central bank policy, most particularly the level of interest rates. Powell looks to continue the same destructive … [Read more...]
Crepes at Breizh Café Paris
Located in Le Marais at 109 Rue Vieille du Temple. Bon appetit! … [Read more...]
“E.J., What’s Going on with Vanguard GNMA?”
“E.J., what’s going on with Vanguard GNMA?” my mother asked me the other day. “Hi mom” I said. “Hang in there.” Hard to believe but Vanguard GNMA is yielding just over three percent today. Yes, its price is down but you only lose when you sell. And I’m not selling. I’m buying more at lower prices and taking the three percent. Because it’s a three percent world. I’m just living in it. “How about bank CDs?” you might ask. I see the teaser rates out there. But you can feel like a mouse on a wheel chasing rates and locking in FDIC protection. You can put a lot of money in Vanguard GNMA and … [Read more...]
Is Your Hotel Key Hackable?
A group of savvy hackers has found a way to compromise one of the more popular hotel room lock systems, Vision by VingCard. The Swedish manufactured system is used in 42,000 properties in 166 countries. Zack Whittaker reports at ZDNet: These electronic lock systems are commonplace in hotels, used by staff to provide granular controls over where a person can go in a hotel -- such as their room -- and even restricting the floor that the elevator stops at. And these keys can be wiped and reused when guests check-out. It turns out these key cards aren't as secure as first … [Read more...]
Yves Saint Laurent Paris
Visit the Musee Yves Saint Laurent Paris. Check the website for hours. “The most beautiful trips I took were through books, on my couch, in my living room.” -- Yves Saint Laurent … [Read more...]
Storied Gibson Guitar Company Falls to Debt Overload
For nearly a decade it has gone without question that companies would take on debt to finance acquisitions. With interests rates so low, investor groups were practically forcing companies to buy competitors and other businesses to expand revenue streams. Managers were only to happy to oblige. Gibson, maker of guitars and audio equipment, is the latest storied business to fall victim to low rate debt offered by private equity groups looking to cash in on a strong brand. Now, the private equity crowd will take control of Gibson after its bets have gone bad. Becky Yerak reports: Under a … [Read more...]
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