Year: 2019

Bloomberg Pledges $500 Million to End Coal

Buck Banks

$500 million

Michael Bloomberg “will donate $500 million to a new campaign to close every coal-fired power plant in the United States and halt the growth of natural gas,” the New York Times reports. “The new campaign, called Beyond Carbon, is designed to help eliminate coal by focusing on state and local governments. The effort will bypass Washington, where Mr. Bloomberg has said national action appears unlikely because of a divided Congress and a president who denies the established science of climate change.”

Sorry, Rich People – Obama Was Better for the S&P Than Trump

Jon Ponder

From Fortune:

When it comes to talking himself up, Trump in particular has compared himself to Barack Obama. So, how do the two presidents measure up in terms of growth in major indexes, measured between their inauguration and May 31 of their third year in office?

The short answer is that Trump has quite a way to go. Under Obama, the S&P 500 grew by 56.4%. The Dow Jones Industrials Average was up 50.6% and the Nasdaq, 92.9%.

The numbers under Trump were 21.4% for the S&P 500, 25.2% for the Dow, and 34.2% for Nasdaq.

Alabama Mayor Calls for Killing Gays

Buck Banks

“We live in a society where homosexuals lecture us on morals, transvestites lecture us on human biology, baby killers lecture us on human rights and socialists lecture us on economics! … The only way to change it would be to kill the problem out. I know it’s bad to say but without killing them out there’s no way to fix it.”

— Carbon Hill, Alabama, Mayor Mark Chamber (R), is apologizing after he recommended “killing” members of the LGBTQ community in a now-deleted Facebook post. WBRC reports.