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Business

Majority of US renters believe they will never own their own home

15 hrs ago

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According to a housing survey by the Federal Reserve Bank of New York, the prospect of renters transitioning to homeownership is fading away. Respondents believe they’ll never become homeowners.

Results reveal that nearly 75% of renters find obtaining a mortgage “somewhat or very difficult,” marking an almost 8.5% increase from 2023, which the New York Fed classified as a series low. Only 13.4% of renters envision owning a home in the future.

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The survey indicates that attitudes towards real estate as an investment remain “strongly positive.” Just over 67% of respondents considered buying property in their zip code as a “very good” or “somewhat good” investment — a slight decrease from pre-pandemic levels.

Housing affordability has somewhat improved since summer 2023. The median price for an existing family home stands at $388,700, down from June 2023’s higher median price of $415,700, according to the National Association of Realtors’ Housing Affordability Index. The average monthly housing payment reported was $2,040.

The Fed survey — conducted in February — found that respondents anticipate housing prices to increase by over 5% and rental costs to surge by nearly 10% over the next year.

Despite expectations of the Fed cutting interest rates by year-end, survey respondents believe mortgage rates will continue to climb, reaching 8.7% in a year and 9.7% in three years.

Homeowners are inclined to stay put, particularly if they’ve secured a low mortgage rate. The New York Fed notes that few U.S. homeowners plan to move in the next three years. Currently moving rates are low nationwide. Rates were below 10% in 2019, whereas they averaged around 20% in the 1980s.

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[LAUREN TAYLOR]

THE MAJORITY OF RENTERS SEE THE POSSIBILITY OF BECOMING HOMEOWNERS DISAPPEARING ACCORDING TO A FEDERAL RESERVE BANK OF NEW YORK HOUSING SURVEY.  THEY’LL NEVER BECOME HOMEOWNERS.

THE RESULTS SHOW – JUST SHY OF 75% OF RENTERS VIEW OBTAINING A MORTGAGE AS “SOMEWHAT OR VERY DIFFICULT” – NEARLY 8 AND A HALF PERCENT  INCREASE FROM LAST YEAR – WHICH THE NEW YORK FED CLASSIFIED AS A SERIES LOW.

ONLY 13-PERCENT OF RENTERS BELIEVE THEY’LL OWN A HOME ONE DAY.

THE SURVEY ALSO SHOWS – ATTITUDES REMAIN “STRONGLY POSITIVE” WHEN VIEWING REAL ESTATE AS AN INVESTMENT – AS JUST OVER 67-PERCENT OF RESPONDENTS SAID BUYING PROPERTY IN THEIR ZIP CODE WAS A “VERY GOOD” OR “SOMEWHAT GOOD” INVESTMENT A SLIGHT DECLINE FROM PRE-PANDEMIC LEVELS.

HOUSING AFFORDABILITY HAS SOMEWHAT IMPROVED SINCE LAST SUMMER.

THE MEDIAN PRICE FOR AN EXISTING FAMILY HOME IS JUST OVER $388-THOUSAND DOLLARS ($388,700) – DOWN FROM JUNE 2023’S HIGHER MEDIAN PRICE OF $415-THOUSAND DOLLARS, ACCORDING TO THE NATIONAL ASSOCIATION OF REALTORS’ HOUSING AFFORDABILITY INDEX. THE AVERAGE MONTHLY HOUSING PAYMENT WAS $2,040 THAT REPORT SHOWED.

THE FED SURVEY, WHICH WAS CONDUCTED IN FEBRUARY FOUND – RESPONDENTS EXPECT HOUSING PRICES TO INCREASE BY MORE THAN 5 PERCENT AND RENTAL COSTS TO INCREASE BY NEARLY 10 PERCENT OVER THE NEXT YEAR. 

EVEN THOUGH THE FED IS EXPECTED TO CUT INTEREST RATES BY THE END OF THIS YEAR – SURVEY RESPONDENTS BELIEVE MORTGAGE RATES WILL CONTINUE TO RISE TO 8.7-PERCENT A YEAR FROM NOW AND 9.7-PERCENT IN THREE YEARS.

HOMEOWNERS ARE LOOKING TO STAY PUT IF THEY’VE LOCKED IN A LOW MORTGAGE RATE. THE NEW YORK FED SAYS FEW U-S HOMEOWNERS ARE PLANNING TO MOVE IN THE NEXT THREE YEARS AND MOVING RATES ARE CURRENTLY LOW THROUGHOUT THE COUNTRY. RATES WERE ALREADY BELOW 10-PERCENT IN 2019 – WHEREAS THEY HOVERED AROUND 20-PERCENT, ON AVERAGE, IN THE 1980S.

FOR STRAIGHT ARROW NEW, I’M LAUREN TAYLOR.

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Politics

13 federal judges refuse to hire Columbia University grads after protests

15 hrs ago

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13 U.S. federal judges are taking a stance against Columbia University in New York City for its handling of campus protests. In a letter on Monday, May 6, the judges vowed not to hire any future students from Columbia University beginning with the 2024 freshman class.

The judges expressed their loss of confidence in the institution, labeling the school an “incubator of bigotry.” The judges cited what they saw as a surge in disruptions, antisemitism and hatred for diverse viewpoints on campuses nationwide since October.

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The judges laid out three demands for the university to reclaim its reputation. They insisted the university implement serious consequences for people involved in campus disruptions, neutrality when protecting free speech and diversifying viewpoints among faculty and staff. The letter concluded by saying the objective of the boycott “is not to hamper academic freedom, but to restore it at Columbia University.”

Demonstrations against Israel and the ongoing war in Gaza spread to dozens of universities across the country, leading to clashes between pro-Palestinian and pro-Israeli protesters. At Columbia, an encampment formed on the main campus. Then, protestors temporarily occupied a campus building last week. That occupation led to more than 100 arrests by the New York Police Department.

The 13 judges, all of whom were appointed by former President Donald Trump, are part of a larger body of nearly 900 federal judges. Their annual hiring for prestigious clerkships adds weight to their boycott.

The judges boycott drew mixed reactions. The president of the Legal Insurrection Foundation and founder of EqualProtect.org told Fox News Digital that he questioned judicial involvement in matters outside the courtroom but agreed with the judges on substance.

“My view is that we shouldn’t threaten innocent neutrals as a means of influencing the culpable,” UCLA law professor Eugene Volokh wrote in an opinion article on Reason.

Columbia University has not responded to the letter yet.

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[KARAH RUCKER]

13 U-S FEDERAL JUDGES ARE TAKING A STANCE AGAINST COLUMBIA UNIVERSITY FOR ITS HANDLING OF CAMPUS PROTESTS.

VOWING NOT TO HIRE ANY FUTURE STUDENTS OF COLUMBIA UNIVERSITY BEGINNING WITH THE 2024 FRESHMAN CLASS.

IN A LETTER TO SCHOOL LEADERS, THE JUDGES EXPRESSED THEIR LOSS OF CONFIDENCE IN THE INSTITUTION. 

LABELING THE SCHOOL AN “INCUBATOR OF BIGOTRY.”

CITING WHAT THEY SEE AS A SURGE IN DISRUPTIONS, ANTISEMITISM AND HATRED FOR DIVERSE VIEWPOINTS ON CAMPUSES NATIONWIDE SINCE OCTOBER.

THE JUDGES LAID OUT THREE DEMANDS FOR THE UNIVERSITY TO RECLAIM ITS REPUTATION.

THEY INSISTED THERE BE SERIOUS CONSEQUENCES FOR PEOPLE INVOLVED IN CAMPUS DISRUPTIONS, NEUTRALITY WHEN PROTECTING FREE SPEECH, AND DIVERSIFYING VIEWPOINTS AMONG FACULTY AND STAFF.

THE LETTER CONCLUDED BY SAYING THE OBJECTIVE OF THE BOYCOTT “IS NOT TO HAMPER ACADEMIC FREEDOM, BUT TO RESTORE IT AT COLUMBIA UNIVERSITY.”

DEMONSTRATIONS AGAINST ISRAEL AND THE ONGOING WAR IN GAZA SPREAD TO DOZENS OF UNIVERSITIES ACROSS THE COUNTRY– LEADING TO CLASHES BETWEEN PRO-PALESTINIAN AND PRO-ISRAELI PROTESTERS. 

AT COLUMBIA, AN ENCAMPMENT FORMED ON THE MAIN CAMPUS.

FOLLOWED BY THE TEMPORARY OCCUPATION OF A CAMPUS BUILDING LAST WEEK LEADING TO MORE THAN 100 ARRESTS.

THE 13 JUDGES — ALL OF WHOM WERE APPOINTED BY FORMER PRESIDENT TRUMP — ARE PART OF A LARGER BODY OF NEARLY 900 FEDERAL JUDGES.

THEIR ANNUAL HIRING FOR PRESTIGIOUS CLERKSHIPS ADDS WEIGHT TO THEIR BOYCOTT.

THE JUDGES BOYCOTT DREW MIXED REACTIONS.

THE PRESIDENT OF THE LEGAL INSURRECTION FOUNDATION AND FOUNDER OF EQUAL PROTECT-DOT-ORG TOLD FOX NEWS–

HE QUESTIONED JUDICIAL INVOLVEMENT IN SUCH MATTERS OUTSIDE THE COURTROOM.

BUT AGREED WITH THEM ON SUBSTANCE.

A U-C-L-A LAW PROFESSOR WROTE IN AN OPINION PIECE ON REASON: 

MY VIEW IS THAT WE SHOULDN’T THREATEN INNOCENT NEUTRALS AS A MEANS OF INFLUENCING THE CULPABLE.

COLUMBIA UNIVERSITY HAS YET TO RESPOND TO THE LETTER.

FOR MORE UP-TO-THE-MINUTE COVERAGE OF THESE CAMPUS PROTESTS AS WELL AS THE ISRAEL-HAMAS WAR, DOWNLOAD THE STRAIGHT ARROW NEWS APP.

International

Ukraine says it foiled Russian plot to kill Zelenskyy; 2 Ukrainian colonels arrested

16 hrs ago

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Ukrainian counterintelligence foiled an alleged plot by Russia’s Federal Security Service to kill President Volodymyr Zelenskyy and other senior Ukrainian officials. Investigators said the assassination plan came from Moscow, and it implicated two colonels within Ukraine’s State Security Department who allegedly provided financial support and sensitive information to the Russian FSB.

According to Ukraine’s Security Service, the scheme included planned missile and drone strikes on locations frequented by President Zelenskyy. Authorities allegedly apprehended one suspect with two drones and explosives intended for use in the attack.

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This incident adds to a series of reported attempts on President Zelenskyy’s life since the Russian invasion. Zelenskyy stated in 2022 there had been at least 10 assassination attempts since the conflict began in February 2022.

The two Ukrainian security force colonels were arrested on suspicion of treason—one of them charged with aiding in planning a terrorist act. Both individuals face potential life imprisonment.

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[LAUREN TAYLOR]

UKRAINIAN COUNTERINTELLIGENCE STOPPED AN ALLEGED PLOT BY RUSSIA’S FEDERAL SECURITY SERVICE TO ASSASSINATE PRESIDENT VOLODYMYR ZELENSKYY ALONG WITH OTHER SENIOR OFFICIALS.

INVESTIGATORS SAY THE PLOT WAS DIRECTED FROM MOSCOW AND INVOLVED TWO COLONELS IN UKRAINE’S STATE SECURITY DEPARTMENT, WHO REPORTEDLY PROVIDED FINANCIAL SUPPORT AND SENSITIVE INFORMATION TO THE RUSSIAN FSB.

ACCORDING TO UKRAINE’S SECURITY SERVICE THE PLOT INCLUDED PLANNED MISSILE AND DRONE STRIKES ON LOCATIONS FREQUENTED BY PRESIDENT ZELENSKYY. ONE SUSPECT WAS ALLEGEDLY FOUND WITH TWO DRONES AND EXPLOSIVES, INTENDED FOR USE IN THE ATTACK.

THIS IS ONE OF NUMEROUS REPORTED ATTEMPTS ON PRESIDENT ZELENSKYY’S LIFE SINCE THE RUSSIAN INVASION. ZELENSKYY CLAIMED IN 2022 THERE HAD BEEN AT LEAST 10 ASSASSINATION ATTEMPTS SINCE THE START OF THE WAR– A WAR THAT IS NOW IN ITS THIRD YEAR.

THE TWO COLONELS FROM THE UKRAINIAN SECURITY FORCE WERE ARRESTED ON SUSPICION OF TREASON — ONE SUSPECT WAS CHARGED WITH ASSISTING IN PLANNING A TERRORIST ACT. BOTH FACE LIFE IN PRISON.

STAY UP TO THE MINUTE WITH THE ONGOING CONFLICT IN UKRAINE BY DOWNLOADING THE STRAIGHT ARROW NEWS APP.

TURN ON ALERTS FOR TOPICS LIKE UKRAINE, GAZA AND MORE.

SO YOU NEVER MISS AN UPDATE.

International

US Army sergeant detained in Russia on theft charges

19 hrs ago

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A U.S. soldier was detained in Russia on criminal charges on May 2, according to Army officials. Officials said the soldier, identified as Staff Sgt. Gordon D. Black, is being accused of theft. Black’s mother said he was visiting his girlfriend at the time of his arrest.

According to the Army, Black was in the process of switching stations from South Korea to Texas, when he traveled to Russia on his own without official permission. 

“On May, 2, 2024, Russian authorities in Vladivostok, Russia, detained an American soldier on charges of criminal misconduct,” the Army said.

According to the Russian newspaper Izvestia, an unnamed source reported that a U.S. Army sergeant based in South Korea met a woman from Vladivostok, Russia, online and lived with her for a while. The report alleges that he assaulted her and stole 200,000 roubles — approximately $2,200.

“When a U.S. citizen is detained abroad, consular officers seek to aid him or her with all appropriate assistance,” a State Department spokesperson said. “We take seriously our commitment to assist U.S. citizens abroad and provide all appropriate assistance.”

This incident comes as tensions continue over other detained Americans in Russia, including former Marine Paul Whelan and journalist Evan Gershkovich; both are being held on espionage charges.

Gershkovich’s trial is set for June 30. 

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[LAUREN TAYLOR]

A U.S. SOLDIER WAS DETAINED IN RUSSIA ON CRIMINAL CHARGES LAST WEEK — ACCORDING TO ARMY OFFICIALS.

OFFICIALS SAY THE SOLDIER — IDENTIFIED AS STAFF SERGEANT GORDON D. BLACK — IS BEING ACCUSED OF THEFT.

BLACK’S MOTHER SAYS HE WAS VISITING HIS GIRLFRIEND AT THE TIME OF HIS ARREST.

ACCORDING TO THE ARMY — BLACK WAS IN THE PROCESS OF SWITCHING STATIONS FROM SOUTH KOREA TO TEXAS —

WHEN HE TRAVELED TO RUSSIA ON HIS OWN, WITHOUT OFFICIAL PERMISSION.

THIS INCIDENT COMES AS TENSIONS CONTINUE OVER OTHER DETAINED AMERICANS IN RUSSIA, INCLUDING FORMER MARINE PAUL WHELAN AND JOURNALIST EVAN GERSHKOVICH — BOTH ARE BEING HELD ON ESPIONAGE CHARGES.

GERSHKOVICH’S TRIAL IS SET FOR JUNE 30TH.

THE U-S CONTINUES TO ADVISE CITIZENS AGAINST TRAVEL TO RUSSIA DUE TO SECURITY CONCERNS.

U.S.

Boeing Starliner spacecraft launch scrubbed due to mechanical issue

19 hrs ago

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Boeing’s Starliner spacecraft encountered another setback Monday, May 6, as a planned launch was delayed due to a valve issue in the rocket’s upper stage, just hours before liftoff. Commander Barry “Butch” Wilmore and co-pilot Sunita Williams were already preparing for the flight when the scrub was announced.

This test flight — the first manned mission for the Starliner — is intended to ferry astronauts to the International Space Station.

A valve issue in the Atlas 5 rocket’s upper stage postponed the launch. NASA and Boeing are now targeting to launch no earlier than a Friday, May 10. If a valve replacement is needed, the launch may face further delays.

This delay continues a series of challenges for Boeing’s Starliner, which is competing with SpaceX’s operational Crew Dragon spacecraft.

After the launch was canceled, NASA astronauts Wilmore and Williams left the Starliner spacecraft at Cape Canaveral Space Force Station in Florida and returned to the astronaut crew quarters at Kennedy.

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[LAUREN TAYLOR]

BOEING’S STARLINER SPACECRAFT FACED ANOTHER SETBACK MONDAY NIGHT — AS A PLANNED LAUNCH WAS HALTED —

DUE TO A VALVE ISSUE IN THE ROCKET JUST HOURS BEFORE LIFTOFF.

THE TWO VETERAN ASTRONAUTS ON BOARD WERE PREPARING FOR TAKEOFF WHEN THE LAUNCH WAS CALLED OFF.

THIS TEST FLIGHT MARKS BOEING’S FIRST MANNED MISSION — INTENDED TO FERRY THE ASTRONAUTS TO THE INTERNATIONAL SPACE STATION.

NASA AND BOEING ARE NOW TARGETING A NEW DATE — NO EARLIER THAN FRIDAY TO TRY AGAIN.

HOWEVER IF A VALVE REPLACEMENT IS NEEDED, THE LAUNCH MAY BE DELAYED FURTHER.

Business

Florida ban on lab-grown meat comes after Bezos invests millions in industry

Yesterday

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On Wednesday, May 1, Gov. Ron DeSantis, R-Fla., signed a bill outlawing the manufacturing and distribution of lab-grown meat, making Florida the first state to ban it. Despite the product not being available in stores yet, other states are following suit.

“Take your fake lab-grown meat elsewhere,” DeSantis declared. “We’re not doing that in the state of Florida.”

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Lab-grown meat is a meat alternative made from animal stem cells, cultivated in a laboratory environment to mimic the taste and texture of conventional meat. Despite its potential benefits — including reduced environmental impact — lab-grown meat faces skepticism.

Jeff Bezos recently relocated to Florida and invested millions of dollars in lab-grown meat development, echoing the sentiments of the World Economic Forum, which sees it as the future of food.

While some believe lab-grown meat could revolutionize the food industry, others — like DeSantis — argue it threatens traditional agriculture. Similar debates are brewing in other states like Alabama, Arizona and Tennessee, where bills banning lab-grown meat are under consideration.

In addition to critics, lab-grown meat still faces challenges, including its taste, safety and affordability. While the U.S. Food and Drug Administration has deemed it safe to eat, some critics remain unconvinced.

As for availability, lab-grown meat is not yet on supermarket shelves in the U.S., with production limited to select restaurants.

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[JACK AYLMER]

RON DESANTIS HAS A BEEF WITH MAN-MADE MEAT.

THE FLORIDA GOVERNOR MADE HIS STATE THE FIRST TO BAN LAB-GROWN MEAT LAST WEEK.

SIGNING THE BAN INTO LAW…

AND DECLARED.

[GOV. RON DESANTIS]

“TAKE YOUR FAKE LAB-GROWN MEAT ELSEWHERE… WE’RE NOT DOING THAT IN THE STATE OF FLORIDA.”

[JACK AYLMER]

BUT WHAT EXACTLY IS LAB-GROWN MEAT?

IT’S A MEAT ALTERNATIVE MADE FROM ANIMAL STEM CELLS CULTIVATED IN A LAB.

IT MIMICS THE TASTE AND TEXTURE OF CONVENTIONAL MEAT.

THE WORLD ECONOMIC FORUM SEES IT AS THE FUTURE.

AND SO DOES NEW FLORIDA RESIDENT JEFF BEZOS.

THE THIRD RICHEST MAN IN THE WORLD IS INVESTING MILLIONS IN ITS DEVELOPMENT.

ADVOCATES SAY IT WILL REDUCE ENVIRONMENTAL IMPACT.

PROMOTES ANIMAL WELFARE AND WOULD HELP SOLVE FOOD INSECURITY…

AS THE WORLD POPULATION GROWS.

HEALTH ADVOCATES ALSO SAY IT REDUCES THE RISK OF FOODBORNE ILLNESS.

WHILE SOME BELIEVE LAB-GROWN MEAT COULD REVOLUTIONIZE THE FOOD INDUSTRY, OTHERS LIKE DESANTIS, ARGUE IT THREATENS TRADITIONAL AGRICULTURE.

DESANTIS CLAIMS IT’S AN ATTEMPT BY ENVIRONMENTALISTS TO BLAME CLIMATE CHANGE ON THE CATTLE INDUSTRY.

SIMILAR DEBATES ARE BREWING IN OTHER STATES LIKE ALABAMA, ARIZONA AND TENNESSEE, WHERE BILLS BANNING LAB-GROWN MEAT ARE UNDER CONSIDERATION.

LAB GROWN MEAT STILL FACES CHALLENGES, INCLUDING TASTE, SAFETY AND AFFORDABILITY.

WHILE THE FDA HAS DEEMED IT SAFE TO EAT, CRITICS REMAIN UNCONVINCED.

AS FOR AVAILABILITY, LAB-GROWN MEAT IS NOT YET ON SUPERMARKET SHELVES IN THE U.S.

WITH SALES LIMITED TO SELECT RESTAURANTS.

U.S. Elections

Sanders’ reelection bid reignites debate over age limits for elected officials

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Sen. Bernie Sanders, D-Vt., announced he is running for reelection in 2024. Sanders, a self-described democratic socialist, easily won three terms in deep blue territory. His most recent victory was by a 40-point margin so he is likely to win over his state again come November.

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While he is well known for his progressive takes on Capitol Hill, Sanders is also known for his age. He is currently 82 and if reelected, he will be 88 at the end of his next term. Sanders is one of the oldest senators in Congress, second only to Sen. Chuck Grassley, R-Iowa.

Grassley is 90 years old and will be 95 at the end of his current term. He already filed paperwork to run again in 2028. If Grassley is reelected, he would be over 100-year-old while serving out a ninth term.

American voters overwhelmingly claimed to want age limits for lawmakers, even though they keep reelecting elderly Congress members. According to Pew Research, 87% of adults are in favor of term limits. Meanwhile, 79% are in favor of age limits on elected officials in Washington.

Some members of Congress from both major political parties have listened to Americans’ concerns over age. Republican Mitt Romney announced he is stepping down to allow for younger leadership, and Rep. Jim Clyburn, D-S.C., also announced he will step down to make way for a younger generation.

A concern for a majority of Americans right now is artificial intelligence, an advanced technology that just keeps advancing. The member of Congress tasked with regulating it is 73-year-old Don Beyer. The average age of the U.S. Congress is 58 years old while governments around the world average around 50.

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[KARAH RUCKER]

SENATOR BERNIE SANDERS OF VERMONT ANNOUNCED HE’S RUNNING FOR RE-ELECTION THIS YEAR

SANDERS, A SELF-DESCRIBED DEMOCRATIC SOCIALIST –

HAS EASILY WON THREE TERMS IN DEEP BLUE TERRITORY –

HIS MOST RECENT VICTORY  WAS BY A 40 POINT MARGIN.

SO HE’S LIKELY – TO WIN OVER HIS STATE AGAIN COME NOVEMBER.

WHILE HE’S WELL KNOWN FOR HIS PROGRESSIVE TAKES ON CAPITOL HILL.

BERNIE SANDERS IS ALSO KNOWN – FOR HIS AGE.

CURRENTLY 82. AND IF RE-ELECTED – HE’LL BE 88 AT THE END OF HIS NEXT TERM.

SANDERS IS ONE OF THE OLDEST SENATORS IN CONGRESS –

SECOND ONLY TO REPUBLICAN SENATOR CHUCK GRASSLEY OF IOWA.

WHO IS 90 YEARS OLD – WILL BE 95 AT THE END OF HIS CURRENT TERM –

AND WHO HAS ALREADY FILED PAPERWORK TO RUN AGAIN IN 2028.

MEANING IF RE-ELECTED – HE WOULD BE OVER 100 YEARS OLD SERVING OUT A NINTH TERM. 

AMERICAN VOTERS – OVERWHELMINGLY CLAIM TO WANT AGE LIMITS FOR LAWMAKERS.

EVEN THOUGH THEY KEEP RE-ELECTING ELDERLY CONGRESS MEMBERS.

ACCORDING TO PEW RESEARCH –

87 PERCENT OF ADULTS ARE IN FAVOR OF TERM LIMITS. 

AND 79% ARE IN FAVOR FOR AGE LIMITS ON ELECTED OFFICIALS IN WASHINGTON.

WHILE YOU’VE GOT OLDER MEMBERS OF CONGRESS –

YOU’VE ALSO GOT TWO MEN ABOVE THE AGE OF 75 RUNNING FOR THE PRESIDENCY.

WHICH IS ALSO A CONCERN FOR NEARLY 60% (59%) OF VOTERS.

SOME MEMBERS OF CONGRESS – FROM BOTH MAJOR POLITICAL PARTIES –

HAVE LISTENED TO AMERICANS’ CONCERNS OVER AGE.

REPUBLICAN MITT ROMNEY ANNOUNCED HE’S STEPPING DOWN TO ALLOW FOR YOUNGER LEADERSHIP.

AND DEMOCRATIC REPRESENTATIVE JIM CLYBURN OF SOUTH CAROLINA ALSO ANNOUNCED HE’S STEPPING DOWN TO MAKE WAY FOR A YOUNGER GENERATION.

A CONCERN FOR A MAJORITY OF AMERICANS RIGHT NOW –

IS ARTIFICIAL INTELLIGENCE.

AN ADVANCED TECHNOLOGY THAT JUST KEEPS ADVANCING –

AND THE CONGRESS MEMBER TASKED WITH REGULATING IT –

IS 73 YEAR OLD DON BEYER.

THE AVERAGE AGE OF OUR CONGRESS IS 58 YEARS OLD.

GOVERNMENTS AROUND THE WORLD – AVERAGE AROUND 50.

Energy

Wind energy could get even greener by replacing steel with wood

Yesterday

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The wind energy industry may be on the verge of becoming even more environmentally friendly. Even though wind turbines create almost zero pollution once they are up and spinning, the processes of constructing and deconstructing them can still be fairly carbon-intensive and produce a lot of waste.

Some in the industry are now turning to wood as a potential solution to these challenges. Using wood instead of steel is more cost-effective, easier to dispose of and is responsible for fewer emissions.

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For every ton of steel manufactured, nearly 2 tons of carbon dioxide are emitted. Considering that the average U.S. wind turbine requires nearly 400 tons of steel, the carbon footprint associated with their construction amounts to approximately 800 tons of CO2 pollution each. These emissions equate to burning almost a million pounds of coal for every turbine erected.

Environmental concerns extend beyond turbine construction to their eventual decommissioning. Industry projections suggest that by 2050, the world could be grappling with 50 million tons of retired fiberglass turbine blades, posing significant challenges for recycling due to the material’s composition.

Energy companies in Germany and Sweden are at the forefront of embracing wood in turbine manufacturing to solve these issues. Germany recently achieved a milestone by installing the first wood-based blades on a wind turbine at an operational farm. Meanwhile, Sweden utilized reforestation-certified sustainably managed forests to erect the world’s tallest wooden turbine tower in 2023.

These manufacturers tout wood as a viable substitute capable of slashing emissions associated with turbine construction by as much as 90%. Just like how trees absorb carbon, using wood to build wind energy infrastructure can allow the projects to store more pollution than the turbines emit.

Wooden blades also offer enhanced recyclability, with some being entirely biodegradable. Using this material helps energy companies save on building materials up to 20%.

These developments come as wind energy is poised for exponential growth globally in the coming decades. Projections indicate that over a third of the U.S. and half of Europe could be powered by turbines by 2050.

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[JACK AYLMER]

WIND ENERGY IS GETTING EVEN GREENER. 

ONCE THE TURBINES ARE UP AND SPINNING, THEY GENERATE ALMOST ZERO POLLUTION.

BUT, BUILDING THEM CAN STILL BE A FAIRLY CARBON INTENSIVE PROCESS.

THE SOLUTION: WOOD.

IT COSTS LESS, IS EASIER TO DISPOSE OF, AND WILL CREATE FEWER EMISSIONS.

THE IDEA IS ALREADY BEING TESTED OUT. 

REPLACING THE STEEL TRADITIONALLY USED IN TURBINES COULD MAKE CONSTRUCTING THEM MORE ENVIRONMENTALLY FRIENDLY.

FOR EVERY TON OF STEEL MANUFACTURED, ALMOST TWO TONS OF CARBON DIOXIDE ARE EMITTED. 

THE AVERAGE U.S. WIND TURBINE REQUIRES NEARLY 400 TONS OF THIS METAL TO CREATE-

MEANING EACH ONE IS RESPONSIBLE FOR AROUND 800 TONS OF CO2 POLLUTION BEFORE THEY EVEN START PRODUCING ENERGY.

THOSE EMISSIONS ARE EQUIVALENT TO BURNING ALMOST A MILLION POUNDS OF COAL FOR EVERY TURBINE BUILT. 

AND THE ENVIRONMENTAL CONCERNS DON’T END ONCE THESE WIND FARMS ARE BUILT.

RETIRING TURBINES IS ALSO A CHALLENGE.  

BY 2050, INDUSTRY EXPERTS PREDICT THE WORLD WILL BE DEALING WITH 50 MILLION TONS OF DECOMMISSIONED FIBERGLASS TURBINE BLADES.

-MATERIAL THAT’S NOT EASY TO RECYCLE.

ENERGY COMPANIES IN GERMANY AND SWEDEN ARE PUTTING WOOD TO WORK. 

JUST LIKE HOW TREES ABSORB CARBON, THEY’RE PROVING THAT USING WOOD CAN STORE MORE OF THIS POLLUTION THAN THE TURBINES EMIT.

GERMANY recently ANNOUNCED THE FIRST EVER REAL INSTALLATION OF ITS WOOD-BASED BLADES ON A WIND TURBINE AT AN OPERATIONAL FARM. 

AND SWEDEN USED SUSTAINABLY MANAGED FORESTS TO BUILD THE WORLD’S TALLEST WOODEN TURBINE TOWER LAST YEAR.

THESE MANUFACTURES SAY THAT USING A WOOD SUBSTITUTE CAN HELP CUT DOWN ON 90 PERCENT OF THE EMISSIONS ASSOCIATED WITH BUILDING A TURBINE. 

IT ALSO MAKES THEM MUCH EASIER TO RECYCLE, WITH SOME OF THE WOODEN BLADES BEING COMPLETELY BIODEGRADABLE.

ALL WHILE CUTTING COSTS ON BUILDING MATERIALS BY UP TO 20 PERCENT.

BENEFITS THAT WILL BE MUCH NEEDED AS WIND ENERGY IS SET TO GROW EXPONENTIALLY OVER THE NEXT THREE DECADES. 

MORE THAN A THIRD OF THE U.S. AND HALF OF EUROPE ARE EXPECTED TO BE POWERED BY TURBINES COME 2050. 

JACK AYLMER – STRAIGHT ARROW NEWS.

 

Military

In potential breakthrough, Hamas accepts cease-fire proposal to pause war

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Left 29%

Center 46%

Right 25%

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In Jerusalem, Hamas announced its acceptance of an Egyptian-Qatari proposal for a cease-fire to pause the seven-month-long conflict with Israel in Gaza on Monday, May 6. This comes hours after Israel ordered roughly 100,000 Palestinians to evacuate from the eastern region of Rafah, a move signaling a possible ground invasion by Israel.

The potential for a ground invasion came after tensions worsened on Sunday. Hamas militants fired rockets at Israeli troops, killing four soldiers. The troops were reportedly positioned on the border with Gaza near a main crossing for delivering humanitarian aid.

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Involved parties have not disclosed the details of the cease-fire proposal yet. Israel has not commented on the deal, as of the publishing of this report. However, recent discussions between Egyptian officials and Hamas suggested the agreement is a phased cease-fire involving the release of hostages by Hamas and Israeli troop pullbacks from Gaza.

Meanwhile, aid agencies and Israel’s closest allies, including the United States, raised concerns over the looming invasion of Rafah. The city’s population swelled to 1.4 million people as the war has progressed. Humanitarian organizations warned of worsening conditions and increased civilian casualties in an already devastated Gaza.

The United Nations Relief and Works Agency (UNRWA) refused to evacuate from Rafah so it can continue providing aid to those remaining in the area.

U.S. President Joe Biden reiterated concerns about an invasion of Rafah in a call with Israeli Prime Minister Benjamin Netanyahu. He emphasized that a cease-fire with Hamas is the best way to protect lives of Israeli hostages held in Gaza.

Efforts to broker a cease-fire face challenge as Hamas insists on a complete Israeli withdrawal and an end to the conflict. Conversely, Israel vowed to continue its campaign until Hamas is dismantled.

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[KARAH RUCKER]

HAMAS SAYS IT HAS ACCEPTED AN EGYPTIAN-QATARI PROPOSAL FOR A CEASEFIRE TO PAUSE THE WAR IN GAZA.

THE ANNOUNCEMENT CAME HOURS AFTER ISRAEL ORDERED AROUND 100-THOUSAND PALESTINIANS TO EVACUATE FROM THE EASTERN RAFAH REGION.

SIGNALING A POSSIBLE GROUND INVASION.

TENSIONS WORSENED SUNDAY AFTER HAMAS FIRED ROCKETS AT ISRAELI TROOPS…

KILLING FOUR SOLDIERS.

THE TROOPS WERE POSITIONED ON THE BORDER WITH GAZA NEAR A MAIN CROSSING FOR DELIVERING HUMANITARIAN AID.

DETAILS OF THE CEASEFIRE PROPOSAL HAVE NOT BEEN MADE PUBLIC AND

ISRAEL HAS NOT COMMENTED ON THE DEAL.

RECENT DISCUSSIONS BETWEEN EGYPTIAN OFFICIALS AND HAMAS SUGGESTED A PHASED CEASEFIRE INVOLVING THE RELEASE OF HOSTAGES BY HAMAS.

AND ISRAELI TROOP PULLBACKS IN GAZA.

ALLIES OF ISRAEL, INCLUDING THE U-S, HAVE RAISED CONCERNS OVER THE LOOMING INVASION OF RAFAH, WHICH CURRENTLY HAS  ROUGHLY 1.4 MILLION PALESTINIANS THERE MOST OF WHOM HAVE COME TO THE REGION IN THE MONTHS SINCE THE WAR BEGAN.

PRESIDENT BIDEN REITERATED THESE CONCERNS DURING A CALL MONDAY WITH ISRAELI PRESIDENT BENJAMIN NETANYAHU.

HUMANITARIAN ORGANIZATIONS HAVE WARNED OF WORSENING CONDITIONS AND MORE CIVILIAN DEATHS IN AN ALREADY DEVASTATED GAZA.THE U-N RELIEF AND WORKS AGENCY REFUSED TO EVACUATE THE AREA AND SAID IT WILL CONTINUE PROVIDING AID TO THOSE REMAINING.

A CEASEFIRE BETWEEN THE TWO SIDES HAS BEEN CHALLENGING. 

HAMAS INSISTS ON A COMPLETE ISRAELI WITHDRAWAL AND AN END TO THE CONFLICT. 

WHILE ISRAEL VOWS TO CONTINUE ITS CAMPAIGN TO DISMANTLE HAMAS.

KARAH RUCKER– STRAIGHT ARROW NEWS.

Politics

41% of Americans believe the US will see a second civil war in next 5 years: Poll

Yesterday

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A new Rasmussen Reports poll asked Americans if they believe there is a chance the U.S. sees a second civil war. A large percentage of Americans said they believe that it is not only possible but imminent.

Of registered voters polled, 41% said they believed it’s likely America will see another civil war within the next five years. On the other hand, 49% do not believe a civil war will happen within the next five years and 10% were not sure.

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Of those who believe a civil war is likely, 37% said a civil war is most likely to happen if Biden is reelected. Meanwhile, 25% believe it’s more likely if Trump gets a second term.

The poll was conducted just as the “Civil War” movie hit theaters, sparking a lot of buzz over what a domestic war would look like more than 150 years since the first one.

While ideological rifts have long characterized American politics, recent years have witnessed a deepening partisan divide.

In 2003, a Gallup poll revealed stark differences between Republicans and Democrats on issues such as gun control, with 41% of Republicans favoring less stringent laws compared to 70% of Democrats. Fast forward to 2023, and these positions have become even more polarized, with only 31% of Republicans opposing stricter gun regulations while 84% of Democrats support them.

Today, nearly 60% of Democrats believe abortion should be legal under any circumstance compared to 12% of Republicans. 20 years ago, that partisan split was far less apart. Additionally, more Democrats than Republicans believed the federal government had too much power 20 years ago. Now, that hasn’t only switched, but 73% of Republicans believe the government is too big compared to 31% of Democrats.

A country with largely two political ideologies has a lot less middle ground to stand on today compared to 2003 or 2013, according to the Gallup data. The deepening divide in ideology could explain why 41% of Americans believe a civil war really could happen within just a few short years.

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[KARAH RUCKER]

WHAT ARE THE CHANCES OF A SECOND CIVIL WAR?

ACCORDING TO A NEW RASMUSSEN POLL –

QUITE A FEW AMERICANS BELIEVE IT’S NOT ONLY POSSIBLE –

BUT THAT IT’S **IMMINENT.

WHILE THE QUESTION MAY SEEM SILLY TO ASK – 

THE RESULTS DO SUGGEST A DEEPENING DIVIDE ON OUR OWN TURF –

PERHAPS EXACERBATED WITH AN ELECTION AROUND THE CORNER.

41 PERCENT OF REGISTERED VOTERS BELIEVE ITS LIKELY WE SEE “CIVIL WAR TWO” WITHIN THE NEXT **FIVE YEARS.

49 PERCENT DON’T BELIEVE A CIVIL WAR WILL HAPPEN WITHIN THE NEXT FIVE YEARS.

10 PERCENT WEREN’T SURE.

SO IT’S FAIRLY EVEN SPLIT OF AMERICANS BELIEVING THE COUNTRY’S CURRENT DIFFERENCES WILL TURN INTO CONFLICT IN THE NEXT FEW YEARS.

OF THOSE WHO BELIEVE A CIVIL WAR IS LIKELY –

37 PERCENT SAY A CIVIL WAR IS MOST LIKELY TO HAPPEN IF BIDEN IS RE-ELECTED.

25 PERCENT BELIEVE IT’S MORE LIKELY IF TRUMP GETS A SECOND TERM.

THE POLL WAS CONDUCTED JUST AS A “CIVIL WAR MOVIE” HIT THEATERS –

SPARKING A LOT OF BUZZ OVER WHAT A DOMESTIC WAR WOULD EVEN LOOK LIKE 150 YEARS SINCE THE FIRST ONE.

“19 states have seceded, the us army ramps up activity, the white house issued warning to the western forces and Florida alliance, the 3 term president assures the uprising will be dealt with swiftly.    

THERE HAS ALWAYS BEEN SPLIT OPINIONS OVER MAJOR ISSUES IN THE COUNTRY.

BUT THE PARTISAN DIVIDE HAS SEVERELY DEEPENED OVER THE PAST DECADE.

TAKE THE ISSUE OVER GUN LAWS.

IN 2003 – 41 PERCENT OF REPUBLICANS SAID THE LAW SHOULD BE STRICTER COMPARED TO 70 PERCENT DEMOCRATS.

FAST FORWARD 20 YEARS – BOTH PARTIES HAVE TAKEN MORE POLARIZED STANCES.

31 PERCENT OF REPUBLICANS DON’T WANT MORE GUN RESTRICTIONS.

WHILE 84 PERCENT OF DEMOCRATS DO.

HENCE – A DEEPER DIVIDE.

ANOTHER ISSUE. GLOBAL WARMING.

TWENTY YEARS AGO – IT WAS 41 PERCENT REPUBLICANS SAYING WE SHOULD BE SOMEWHAT CONCERNED COMPARED TO 70 PERCENT DEMOCRATS.

NOW AS YOU CAN SEE – THERE’S **FEWER REPUBLICANS AND A LOT **MORE DEMOCRATS CONCERNED ABOUT CLIMATE CHANGE.

TODAY – NEARLY 60 PERCENT OF DEMOCRATS BELIEVE ABORTION SHOULD BE LEGAL UNDER ANY CIRCUMSTANCE – COMPARED TO 12 PERCENT OF REPUBLICANS.

20 YEARS AGO – THE PARTY SPLIT WAS FAR LESS APART.

AND ONE LAST EXAMPLE.

20 YEARS AGO – MORE DEMOCRATS THAN REPUBLICANS BELIEVED THE FEDERAL GOVERNMENT HAD TOO MUCH POWER.

NOW – THAT HASN’T ONLY SWITCHED – BUT A WHOPPING 73% OF REPUBLICANS BELIEVE THE GOVERNMENT IS TOO BIG COMPARED TO 31% OF DEMOCRATS.

A COUNTRY WITH LARGELY TWO POLITICAL IDEOLOGIES.

AND A LOT LESS “MIDDLE GROUND” TO STAND ON.

WILL THE PENDULUM SWING AGAIN TO WHERE THE DIFFERENCES IN OPINION WON’T BE SO POLARIZED?

OR WILL THEY JUST FURTHER SPLIT?

AND IF SO – COULD IT REALLY LEAD TO ANOTHER CIVIL WAR?

I’M KARAH RUCKER.

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