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Odds and Ends — 5 July 2021

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Cryptocurrency, Investing, Money, Economy, and Debt:

Money Reimagined: United States of Stablecoin

How the other 1% of 1% live: The Super Rich Are Back Partying In The Hamptons This Summer

Wave of Automation May Be Bad News for Workers

Businesses from factories to fast-food outlets to hotels turned to technology last year to keep operations running amid social distancing requirements and contagion fears. Now the outbreak is ebbing in the United States, but the difficulty in hiring workers — at least at the wages that employers are used to paying — is providing new momentum for automation. Technological investments that were made in response to the crisis may contribute to a post-pandemic productivity boom, allowing for higher wages and faster growth. But some economists say the latest wave of automation could eliminate jobs and erode bargaining power, particularly for the lowest-paid workers, in a lasting way.

24/7 FUD: Stablecoin growth could affect credit markets, rating agency warns

Coronavirus News, Analysis, and Opinion:

Vaccine hesitant are in 'death lottery,' W.Va. governor says

Delta Variant Fuels Missouri’s Covid-19 Uptick

The highly contagious Delta variant of the virus that causes Covid-19 is prompting a surge of coronavirus cases in Missouri, a warning sign of what may happen this summer in other areas of the U.S. with low vaccination rates. For more than a week, Missouri had the highest case rate in the country, according to data from the Centers for Disease Control and Prevention. As of July 1, the seven-day average of new cases hit 898, up from 511 three weeks earlier, data from Johns Hopkins University show.

Politics:

The Charges Against the Trump Organization Are a Master Class in Tax Evasion

White Supremacists March on Philadelphia

Philadelphia police said the Patriot Front members chanted "Reclaim America," and "The election was stolen," as they marched.

GOP Candidates Embrace Trump’s False Election Claims

While most of these campaigns are in their early stages, the embrace of Trump’s claims is already widespread on the trail and in candidates’ messages to voters. The trend provides fresh evidence of Trump’s continued grip on the GOP, reflecting how a movement inspired by his claims and centered on overturning a democratic election has gained currency in the party since the Jan. 6 Capitol attack. Dozens of candidates promoting the baseless notion that the election was rigged are seeking powerful statewide offices — such as governor, attorney general and secretary of state, which would give them authority over the administration of elections — in several of the decisive states where Trump and his allies sought to overturn the outcome and engineer his return to the White House.

Press watchdog puts Hungarian PM Orban on ‘predators’ list

Tbilisi Pride march cancelled after far-right attack on headquarters

Rep. Adam Kinzinger on the moral failure of Republicans and the Big Lie

Serendipity:

A revolution, finally televised: Questlove’s “Summer of Soul” corrects pop fest history of the ‘60s

Footage of the 1969 Harlem Cultural Festival spent 50 years in a basement as Woodstock and Monterey got the glory

Concrete: The material that's 'too vast to imagine'

The best seafood for the planet is also the cheapest

Badge thanks to @arcange

Meme credit: richardsebreower (source)