🌞 Meltdown – December 28 2020

Stimulus: The Art Of The Deal

credit: reuters

President Trump signed the Covid relief package Sunday night, avoiding a government shutdown by hours. This means that each American will, in fact, get at least $600.

Even though the President last week said that he would not sign the bill that passed Congress, he capitulated with some additional requests.

“I will sign the omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed,” he said. “I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.”

By this, he was referring to millions of dollars marked to be sent to other countries. 

The House will still come back today to propose another package, which will offer an additional $2,000 per person, which is expected to pass at least the Democratic-led chamber. It will force Republicans to vote, testing whether or not they will stand with the President’s wishes on this matter.

Stock futures were up on news that the President signed the bill. 

The Scout War

credit: getty

The Boy Scouts and the Girl Scouts are at war. There are many patches at risk in this lawsuit.

The Boy Scouts dropped the word “boy” from their name in 2018 and are now the Scouts BSA. The Girl Scouts say that this has proved “highly damaging” to their enrollment and have filed a lawsuit. In a Christmas Eve filing, they say that the new BSA program has caused an “explosion of confusion” among parents. 

The case will likely drag on for a while but in the meantime, why don’t they just team up in a gender-neutral way? Boys like cookies too. 

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Pro-Ana and Pro-Mia Banned

credit: getty

Pro-Ana. That is a thing now. It means pro-anorexia. Also a thing: Pro-Mia, meaning pro-bulimia.

TikTok has banned pro-ana and pro-mia accounts because obviously, this is a harmful and dangerous way to live. It also banned the corresponding hashtags, redirecting anyone who searched them to an eating disorder support page. Users have found a way around that by searching just the words without the hashtags. Good grief. 

News By The Numbers

credit: us army

20. That is how many panthers in Florida were killed due to people this year.

11%. That is how much the murder rate is up in America’s 10 largest cities in 2020. Police detectives say that they are struggling to keep up.

100 million degrees. That the temperature of an artificial sun that was successfully tested in Korea for 20 seconds. This is a new record for superconducting fusion, beating the previous record of 8 seconds.

$10.5 million. That is how much HuffPost estimates that Trump supporters have donated towards the President’s personal businesses over the course of his presidency. 

When Plants Attack

credit: giphy

A new study shows that plantlife is growing out of control and there are not enough grazing animals left to eat it all. This is due to the abundance of fertilizers introduced into the ecosystem by humans.

According to scientists at the University of Mississippi, this phenomenon is occurring on six continents. Original theories held that herbivores would keep up with the abundance of grasses growing taller, thicker, and faster but that does not seem to be the case because their populations are dwindling. The world has fewer zebra, buffalo, deer, and other herbivores.

Extra plantlife is a problem because it can lead to more forest fires in dry climates or choke out other small flowers needed by bees and other pollinators. The ecosystem is truly a delicate balance and humans have really not acted delicately upon it, have they? Does anyone else envision a ‘Little Shop of Horrors’ scenario when they read this story? 

Britain Formalizes Exit From EU

credit: giphy

The European Union and the United Kingdom have reached an agreement just in time for the UK to leave by the end of the year. It preserves zero-tariff and zero-quota access to the EU by UK businesses.

Still, businesses are prepared for disruption as many laws are not clear. For instance, musicians are not on the list of workers permitted to enter the EU without a visa. This means that concerts will be much harder to produce and musicians could abandon tour plans, whenever concerts are allowed again.

Britain exited the UK months ago but an extended transition period has been in place. It ends on December 31 and there are over 1,000 pages of new rules. Businesses have just a few days to familiarize themselves with these rules and implement them. 

Today’s Live Show

Join us on today’s live Morning Invest stream where we’ll be looking at the potential $2,000 stimulus amendment and the benefits that expired over the weekend. Click here to RSVP and join us at 9 AM EST. 

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