Hubris, chutzpah, presumption + arrogance; entitled: Minnesota governor asks for $500 million in FEMA aid following sanctioned rioting. Denied! Link here. Assessment suggested about $15 million in damage assessed (so far) which suggests the $500 million requested was going to be used for a bit more than a few fires in downtown Minneapolis where some people did some things. Fortunately, the protests were mostly peaceful:
Reminder: National French Fry Day -- free French fries -- McDonald's.
PGA: holy mackerel! A Norwegian, Viktor Hovland, leads the PGA tournament today. He qualified for the tournament only this week -- last Monday. This is huge for this Norwegian. Will change his life. Later, 2:14 p.m. CDT: apparently the tournament is over, but CBS has just started coverage, tape delay, and about eight holes behind "real time." Victor Hovland placed third. The top two went into a playoff, tied at the end of regulation play. It looks like they have a three-hole playoff -- Justin Thomas vs Collin Morikawa. It looks like Collin Morikawa won, but it's hard to tell. They don't show strokes for Justin Thomas on the third playoff hole but Morikawa made par at four suggesting that Thomas was putting for at least a one-over bogey. Talk about miserable coverage. Even a "live" tournament is being broadcast as a "tape delay." By the way, this was done due to network programming. The tournament started early to "beat the rain," and the networks weren't able to change their schedule -- of course, due to advertising contracts.
Racing: holy mackerel! Two huge wrecks before we even complete the first curve of the first lap of the Indy race today -- and neither involved rookies -- Hunter-Reay and Rossi involved, but it appears Hunter-Reay and Rossi are still in. USAF car heavily damaged. Wow. 11:46 a.m. CDT, NBCSports.
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How Covid-19 changes things:
- think Warren Buffett and NetJets; private aviation surging;
- great move, March 30, 2019;
- less than a year later, private aviation sees demand surge during pandemic;
- US credit card debt plunges; top three expenses on American credit cards: gasoline, restaurants, and travel; all three crashing; revolving credit debt lowest since the great recession; huge story; another red flag for banks; Warren Buffett's equity portfolio: over-weighted in banks;
- automobile sales plummeting; folks without jobs aren't buying cars; Tesla drops price on Model Y by $3,000; still too expensive for folks without jobs;
- drive-in concerts: I was going to ignore this story until I saw the "headliner": a Garth Brooks performance on June 27 that drew over 350,000 across more than 300 drive-in theaters across North America -- this is a huge story -- mostly because those of us who can't afford Las Vegas can now see some great acts "live." Yes, this is huge, and I think it continues for quite some time; acts were looking for a way to compete with pirated streaming; think heavyweight boxing on steroids;
- BOATING! Google it! Booming during the pandemic! Wow.
The doomsday chronicles:
- New Jersey will borrow $10 billion just to pay current bills; well, technically, only $9.9 billion
- Doomsday: US states;
- behind the scenes at IMDb, blog.aboutAmazon.com;
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