HEADS UP! 🚀There's a SpaceX launch scheduled for tomorrow morning at 5:25 AM! The trajectory is northeast, which means Florida and most of the Southeast have a chance to see a bright jellyfish cloud *IF* the launch is on time. Make sure to take pictures if you see it!
You believed. You filled stadiums. You brought the game into homes and communities across the country.
Most of all, you showed everyone what this crest means. Thank you.
Seattle is about to make HISTORY. Tonight's USA vs. Belgium World Cup match is anticipated to be BIGGER than the city's Super Bowl celebration. (📸 @willtrogdon)
Breaking: Folarin Balogun will be available to play in USA's Round of 16 match against Belgium on Monday, FIFA announced.
The FIFA Disciplinary Committee has suspended the red card issued to the USA striker during their Round of 32 win over Bosnia and Herzegovina.
250 years ago, a bold idea changed the course of history. Today we celebrate the people, principles, and enduring promise of the United States of America.
Happy 4th of July from the White House. 🇺🇸
🇺🇸 Happy Independence Day!
Today we celebrate freedom, courage, and the American dream that unites us all. God bless the USA! ❤️💙
#4thOfJuly#IndependenceDay
What happens to the NYC housing system after you distort the math?
1) Random people who got lucky end up benefiting at the expense of everyone else.
Rent stabilization is not means tested. There's no upper income limit. You can make $250,000 and live in a rent-stabilized home. Plenty do.
30 percent of rent-stabilized tenants earn six figures.
2) The risk of developing new housing increases. This means lenders are less willing to lend. Investors are less willing to invest. Capital flows to other states, where the risk-adjusted returns are better.
3) The lowest income tenants are likely to live in declining conditions because maintenance is the first to get cut.
4) Tenants get locked in place because a valuable, stabilized unit is too attractive to give up. This means that when the family size grows or shrinks, they can't adjust their housing accordingly.
5) Market rate rents increase -- which means the city becomes even more expensive.
This means the political pressure to rent-stabilize even more units increases, until you have an increasingly smaller and smaller pool of market-rate tenants who are subsidizing everyone else.
And remember, because there's no means testing, plenty of low-income people pay market rate, while many high-income people are rent stabilized.
6) Newcomers get locked out because they don't have the connections to score a rent-stabilized place, and they can't shell out for market rate.
Fewer young people can move to the city to try to start their career.
The wealthy kids with family support will still come here. The low-income kids will lack that mobility, because of this market distortion.
7) Politicians keep themselves in power by giving away other people's money for "free."
The result is declining conditions and an increasingly expensive city.
Toto Wolff: "Honestly, I think Max was the most important factor this weekend. He just knows how to get everything out of the car that's in it. You see that with his teammates as well. That is why you should never, ever leave the Verstappen factor out of consideration or underestimate it in a championship."
They're not freezing your rent, they're freezing your housing providers' income, while their expenses keep increasing.
The point isn't to make your housing affordable, it's to make providing housing financially inviable, so government(s) can seize the unmanageable properties.
Our lack of financial literacy is going to destroy us.
https://t.co/Eix9fVp1BK
James Carville says he is done with the Democrat Party after a sweep of socialist victories in NYC: “I think it’s time for Democrats to talk about a schism. I’m done. I’m not in the f****** political party.”
JUST ANNOUNCED: The Washington Monument Illumination returns to the National Mall July 1 through July 5. Each evening, an 18-minute projection-mapping presentation will light the Monument with the people, places, and moments that have shaped the American story, ending with the Monument glowing as a giant birthday candle.
Come watch any night between 9:00 PM and 12:20 AM ET, with the best viewing along the National Mall.
🚨 BREAKING! Julián Álvarez: “I don’t want to hide or act like I don’t want to be clear. I try to be honest”.
“I spoke to Atlético people and I think the BEST for everyone involved is for me to LEAVE”.
“I want to fulfill my DREAM”, told ESPN. 💭