On this day:
The National Constituent Assembly in Paris is dissolved; Parisians hail Maximilien Robespierre and Jérôme Pétion as “incorruptible patriots”.
1882
Thomas Edison’s first commercial hydroelectric power plant (later known as Appleton Edison Light Company) begins operation on the Fox River in Appleton, Wisconsin, United States.
1888
Jack the Ripper kills his third and fourth victims, Elizabeth Stride and Catherine Eddowes.
1927
Babe Ruth becomes the first baseball player to hit 60 home runs in a season.
1938
At 2:00 am, Britain, France, Germany and Italy sign the Munich Agreement, allowing Germany to occupy the Sudetenland region of Czechoslovakia.
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Nicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech.
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Speaking at the FutureChina Global Forum 2025, Dalio warned that the excessive spending and spiraling debt by the U.S. government has become “unsustainable” and that the world’s largest economy is facing a major fiscal crisis that will put its monetary order at risk.
He added that all currencies risk losing their appeal as repositories of wealth when global governments appear reluctant to rein in excessive spending and borrowing, making gold and non-fiat currencies more viable stores of value.
Dalio urged investors to diversify their assets with around 10% of their portfolio in gold.
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Russell Wilson needs to keep starting the entire season in order for that 4th-rounder to materialize for the Steelers. And if he plays less than 40% of the snaps, his contract could fall all the way to the 6th round.
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The overwhelming majority of prostitutes are seduced, coerced, or outright trafficked into the flesh trade, but, apparently, Mamdani thinks it only an unusual career path
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Philadelphia is planning to raise the Chinese Communist Party (CCP) flag outside City Hall in honor of the regime's founding. This in the city whose mayor cannot spell 'eagles.' The CCP flag has been flown there twice before, in 2017 and 2019.
In other news, the Chicago Teachers Union honored a convicted cop killer on social media Thursday, praising Joanne Chesimard as a “revolutionary fighter” following news of her death in Cuba.
The union’s official X account posted:
"Rest in Power, Rest in Peace, Assata Shakur.
Today we honor the life and legacy of a revolutionary fighter, a fierce writer, a revered elder of Black liberation, and a leader of freedom whose spirit continues to live in our struggle.
A jury convicted Chesimard, before she became Assata Shakur, of first-degree murder in 1977 for shooting New Jersey State Trooper Werner Foerster during a routine traffic stop on the New Jersey Turnpike.
Two years into her life sentence, Chesimard escaped from Clinton Correctional Facility for Women when armed accomplices broke her out in 1979. She fled to Mexico, then Cuba, where Fidel Castro’s government granted her asylum.