What I cannot seem to grasp, for the life of me, is why we pay for parking. I mean, seriously, I want you all to take a step back from whatever it is you think is so important, and think about this. We spend our hard earned money to leave our cars in the middle of the street, unprotected, for an arbitrary amount of time equivalent to how much time we paid for on a meter. If we want to spend even more, we’ll park in a private lot, which is even less safe. It’s just a large square of tar with lines painted on it, and someone gets paid an hourly wage to collect our money while we do all the work of parking in a space. This attendant doesn’t guard the lot, they have no incentive to do so. My apologies for the rant, I just think its absolutely ridiculous, but also ingenious?
Maybe? Either way, here’s what you missed in the news yesterday
New AG, Who Dis?
In early October, Attorney General Jeff Sessions decided that it was best for everyone if he no longer served in the Trump administration. Some people believe he was forced out, while others believe the 74-year-old cabinet member worked hard and deserved his much-needed retirement. Well, following his resignation, Trump plugged in Matthew G. Whittaker as acting AG until a time where a formidable replacement could be found. Suffice to say, Whittaker has done a real bang-up job because, after less than three weeks at the helm, President Trump has nominated a new candidate for US Attorney General.
“I want to confirm that Bill Barr, one of the most respected jurists in the country, a highly respected lawyer, former attorney general under the Bush administration, a terrific man, a terrific person, a brilliant man. I did not know him until recently when I went through the process of looking at people and he was my first choice from day one, respected by Republicans and respected by Democrats. He will be nominated for the United States attorney general and hopefully, that process will go very quickly.”
–President Donald Trump on William Barr
Bitcoin Is All But Cashed Out
This time exactly one year ago, bitcoin was valued at approximately $20,000 per coin, sparking a massive wave of altcoins, crypto fanatics, and copious amounts of angry banking officers. As of recent, bitcoin is worth less than $3,400 per coin. To be fair, what were people expecting with a currency created out of thin air, with absolutely no regulation or form of currency backing it. Yes, the purpose of cryptocurrency was to deregulate banking as we know it, but this came at a cost that crypto traders are feeling now, more than ever before.
This past week, a pro-crypto member of the Securities and Exchange Commission, Hester Peirce, attempted to convince her fellow commissioners to approve more bitcoin ETFs but no one would budge, according to CNN.
“Don’t hold your breath. I do caution people to not live or die on when crypto or bitcoin ETF gets approved.”
–Hester Peirce, Commissioner, SEC
