On this Day:1547
Henry VIII dies. His nine year old son, Edward VI becomes King, and the first Protestant ruler of England.
1754
Horace Walpole coins the word serendipity in a letter to Horace Mann.
1909
United States troops leave Cuba with the exception of Guantanamo Bay Naval Base after being there since the Spanish-American War.
1977
The first day of the Great Lakes Blizzard of 1977, which severely affects and cripples much of Upstate New York, but Buffalo, NY, Syracuse, NY, Watertown, NY, and surrounding areas are most affected, each area accumulating close to 10 ft of snow on this one day
1986
Space Shuttle program: STS-51-L mission – Space Shuttle Challenger breaks apart after liftoff killing all seven astronauts on board.
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There is something obscene about people holding protest rallies in order to try to keep getting money that someone else has worked for.--Sowell
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A company called GRU Space publicly announced its intent to construct a series of increasingly sophisticated habitats on the Moon, culminating in a hotel inspired by the Palace of the Fine Arts in San Francisco.
On Monday, the company invited those interested in a berth to plunk down a deposit between $250,000 and $1 million, qualifying them for a spot on one of its early lunar surface missions in as little as six years from now.
Options on things that don't exist in inaccessible places.
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The shark cannot explain his hunger. Nor can the baby chick explain his urge to take the risk and fly.
Most forks in the road are not solved with decisions; they are of a shorter circuit. So ambition becomes passion; love becomes obsession.
It is this edge of transition, where assessment becomes generation, where comedy and tragedy are born, and we humans live.
Take a bunch of hot-blooded young men with righteous anger and automatic weapons that can stop an elephant and put them in conflict with a bunch of suburban moms with righteous anger who think that their moral passport is a library card, and you've got a real problem.
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With tariffs, U.S. farmers have higher costs for seeds and fertilizer, as well as new international competitors like Brazil. With a diminished competitive advantage and the loss of the Cold War’s cooperative infrastructure, U.S. farmers now face a more volatile global market. Indeed, Trump is now in Iowa as part of his Forever Campaign and went to a restaurant where he touted his new $12 billion farmer bailout to compensate.
So a little tariff interference here requires a compensatory tweaking subsidy there. The $12 bilion subsidy must come from somewhere. Somehow. And a distorting, byzantine infrastructure grows.
We live in a world of growing suspicion that demands old lessons be retaught. Actions have consequences. We can only wait and see where the rewards of Minneapolis's experiment with selective law enforcement lead.
Because of a nail.
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