Used cars are aging on dealer lots:
46% of the cars listed on Cars(.)com have been listed for over 45 days.
Healthy inventories should have <5% of cars listed over 45 days old.
(via DGS / @carsdotcom)
Scientists, on the basis of early testing, were saying aspartame was a carcinogen in the late 1970s and early 1980s, but Donald Rumsfeld, who was CEO of the company that owned Aspartame, became part of the Reagan transition team and got to appoint the new head of the FDA, who then went on to cast the deciding vote in favour of allowing Aspartame into the American food supply. When Monsanto acquired the company that owned Aspartame soon after, Rumsfeld was paid $12 million by Monsanto as a golden handshake, almost certainly for his direct intervention to get Aspartame past the safety board.
This isn't an isolated story of corruption, of corporate profits being put before the health of the nation. This is how the system works. It's why the American food supply is loaded with ingredients whose effects on human health are totally unknown. It's why we regularly discover that common food ingredients are extremely harmful.
Take propionic acid (PPA), for instance. This common antifungal, used to extend the shelf life of processed food, is found in highly elevated levels in the stool of autistic children. Many cases of autism appear to be linked to gut dysfunction and microbial overgrowth, which PPA probably encourages by "nuking" the good microbes in the gut, allowing aggressive strains to invade and take hold.
The whole system needs to change. We need an independent system which doesn't allow corporate influence to override the basic rights of the people to eat food that really is safe.
Scientists recently reported that they were able to “hear” for the first time what are called low-frequency gravitational waves — changes in the fabric of the universe that are created by huge objects moving around and colliding in space.
Now we are talking tech. You are in my space John. I don’t comment. I do. My entire career has been people telling me why the companies I started were ridiculous and not needed. Until they found themselves using them.
Smart contracts are about 6 years old. Maybe the name isn’t accurate , but the utility is valid. 90 percent of blockchain companies will go broke. 99 percent of tokens will go broke. Just like 99 percent of early internet companies did. 99 percent of the startup companies leveraging LLMs will disappear.
But the winners will be game changers. That’s the way tech works.
But let’s take this back to the SEC. They aren’t supposed to make judgement calls on whether a technology is valid or investors need protections based on their view of a technology.
If they truly are principle based they should be finding ways to enable startups to find funding and support. While protecting investors
The country went through more than a decade of falling numbers of companies trading on exchanges. It hurt the economy. It slowed innovation. Congress had to respond by creating exemptions.
It’s time for Congress to respond again and modify the exemptions available to this technology so that registration is obvious and the path for exchanges are doable in a way that protects investors and enables the industry to grow. They are not mutually exclusive.
While I think many of your criticisms of crypto are very valid , they dont invalidate the impact the industry can have on the economy
With all due respect , Crypto Derangement Syndrome is just as big a problem as the crypto maxis over hyping crypto.