$2 Trillion March Stimulus Didn’t Reach All Americans

How Coronavirus Sparked a Bankruptcy Crisis

U.S. investors will also miss out on huge capital gains

Hong Hao, chief strategist at the Bank of Communications International, said that we are increasingly seeing U.S.-listed Chinese firms returning to Hong Kong, as more stringent regulations are imposed on Chinese companies listed in U.S. stock exchanges. He believes that such a situation will create more opportunities for Hong Kong as an international financial center, while U.S. investors will also miss out on huge capital gains.

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•Jul 31, 2020 

Never Underestimate The Power Of Dirty Air

SUSPICIOUS OBSERVERS News Jul.31.2020 Nova Survivors, Ocean Shift, Space Butterfly

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History: Donald Trump Wins the Presidency

How it got done...

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•Jul 31, 2020 

What a stunning night huh!!

Gold to Hit $2200-$2300 Range on Inventory Squeeze, Says UBP’s Kinsella

How SpaceX Beat Boeing In The Race To Launch NASA Astronauts

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•Jul 29, 2020

CNBC

1.73M subscribers

The launch of SpaceX’s Crew Dragon capsule to the International Space Station on May 30th marked the first time that NASA astronauts took off from U.S. soil since 2011. The event also represented the first time a commercially designed and built spacecraft carried astronauts, an achievement that SpaceX and Boeing have vied for for years under NASA’s Commercial Crew Program.

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Boeing Snags Another U.S.Army Contract To Update Apache AH64E Attack Helicopters - Potential Contract Value $8.4B

The Boeing Co., Mesa, Arizona, was awarded an $11,250,000 modification (P00053) to contract W58RGZ-16-C-0023 to update critical safety items for the Apache attack helicopter (AH-64E).  

Work will be performed in Mesa, Arizona, with an estimated completion date of Dec. 31, 2024.  
Fiscal 2018 and 2019 aircraft procurement (Army) funds in the amount of $11,250,000 were obligated at the time of the award.  U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.
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MORE NEWS > Current potential value of the contract is over $8.4B 

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L3 Technologies Awarded $64 Million NSA Encryption Contract

The Boeing Co., Mesa, Arizona, was awarded an $11,250,000 modification (P00053) to contract W58RGZ-16-C-0023 to update critical safety ...

1 day ago

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Top Ten Boeing Aircraft Suppliers – Apache Helicopter AH-64

The current potential value of contract W58RGZ-16-C-0023 is over 8.4 Billion Dollars if all options are exercised. Current estimated ultimate ...

Jul 16, 2019

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Department of Defense Contracts for Aug. 20, 2019 ...

The Boeing Co., Mesa, Arizona, was awarded a $154,890,000 modification (P00026) to contract W58RGZ-16-C-0023 to procure new-build ...

Aug 20, 2019

HSToday

Department of Defense Contracts for June 25, 2020 ...

The Boeing Co., Mesa, Arizona, was awarded a $439,179,677 modification (P00062) to contract W58RGZ-16-C-0023 for new-build Apache ...

1 month ago

A Few Nuggets of News From Jon Talton: "It's A Dangerous Time To Write"

They're all taken from this piece on July 20th: 
https://www.roguecolumnist.com/Climate, Click-Bait & More

"...We're in a time of hysteria and thoughtcrime, made worse by social media. 

So, a few nuggets that stay within the guardrails (I have a day job to protect).

• Click Bait News Releases fill my mailboxes every day. I don't use most because they're based on questionable premises and shoddy data. 

Unfortunately, too much struggling media do. 

Hence, the recent story ranking Phoenix as "the best city in the U.S. for working remotely." 

It was carried unquestioningly by KTAR and the Phoenix Business Journal, among other local outlets. . Phoenix was No. 1, followed by Atlanta, Kansas City, Raleigh, and Toledo... Phoenix's economy is largely divided among 1) Real estate/construction; 2) Services for the large retiree population; 3) Tourism and hospitality, and 4) Back office/call center work. It has a relatively small slice of legacy tech/advanced industries, such as Intel and Boeing Helicopters*, much smaller than peer metros.

BLOGGER NOTE: "Boeing Helicopters" is here in Mesa 

NUGGETS: So let's say the headline is misleading and the story really is about Phoenix being cheap...

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Arizona's Rugged Individualism Poses Barrier to Mask Rules 

is the headline of an Associated Press story on our state's stunning rise in Covid-19 cases (at least we're No. 1 in something, dear boosters). Resistance to masks, it asserts, "continues a visceral opposition to government mandates, a fierce individualism that has endured among some in Arizona since the days of the Wild West."

That's pretty neat were it not only crass reductionism but simply wrong.

The Anglo population of Arizona has only the most tenuous connection to pioneer days. Most are from the Midwest, including Gov. Doug Ducey (born in Toledo). Anyone who does have deep roots should know that "rugged individualism" was a myth. The government pacified native tribes, provided incentives for railroads, built massive reclamation projects and saved the state during the Great Depression. The feds stepped in again after World War II with Cold War industries, the Central Arizona Project, flood control, and subsidies for SUBURBANIZATION. . . 

What we're seeing today is not the Wild West but, for too many, the Wild Midwest — a disposable place for waves of newcomers who are there to make a quick buck or retire. 

Pay for schools? Hell, no. They "already did that back home!" (How many times I heard this refrain when working as a columnist for the Arizona Republic). 

The sprawled, car-dependent, walled-off layout further weakens civic connections. And “resort culture” — where some would do all sorts of sociopathic acting out they would never do “back home.”

As for the pandemic, Arizona rushed to reopen and is now paying the price. And Ducey, and his puppetmaster Trump, owns it.

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Federal Reserve Bank of San Francisco >> Tune in 8/6: The Impact of COVID-19 on the Child Care Market

Plus research and updates from Community Development at the SF Fed​

The Impact of COVID-19 on the Child Care Market Thursday, August 6th | 12:00 p.m. PT / 3:00 p.m. ET   Join us on August 6th for a Connecting Communities® webinar on the impact of COVID-19 on the child care market. Child care plays a critical role in people’s ability to work, but many lower-income households do not have the economic resources to afford high-quality child care. On the provider side, already-low margins mean many providers may close due to pandemic-related cost increases and revenue reductions. Tune in to learn how public policy and non-government organizations can address child care challenges that existed before and are exaggerated during the COVID-19 pandemic. Speakers will discuss how a successful response to the pandemic will require strengthening the child care sector to address the short-term economic threat and provide for a more sustainable business model for child care operators. The program will highlight how bolstering the sector can advance progress on racial and economic equity through access to high-quality child care. Register here The Connecting Communities® webinar series is a Federal Reserve System initiative providing a national audience with timely information on emerging and important community and economic development topics. All sessions are recorded and archived.       FOR YOUR READING LIST     Overcrowding in the Bay Area: Where the Housing Crisis meets COVID-19   The issue of overcrowded housing has known health consequences and is particularly concerning in the context of the COVID-19 pandemic. To better understand the issue of crowding, we examined trends in people moving to more crowded conditions in the Bay Area using data from the Federal Reserve Bank of New York Consumer Credit Panel / Equifax Data.  Here’s what we found     Driving Systems Change Forward   A slate of multisite, cross-sector initiatives has emerged to address structural root causes of inequities by changing the systems that shape community conditions and individual well-being. This report reflects on recent progress and shortcomings and provides strategies to drive systems change forward. The findings highlight the complex intersections of systems, racial equity, and power that can work for or against systems change. Read more     Transforming Conflict to Empower Community and Decrease Displacement in Gentrifying Communities   Conflict Transformation (CT) is an approach that grapples with and seeks to address deep social conflicts in addition to visible disputes. CT holds promise for helping communities navigate the challenges of gentrification in ways that bridge differences, facilitate communication, and further equity. This paper highlights principles of CT that illuminate how existing development and equity-focused strategies can be combined to foster true transformation. Read more     Staff Announcement   We're excited to welcome Rocio Sanchez-Moyano, PhD, as Senior Researcher in the Center for Community Development Investments. Rocio’s areas of expertise include housing and asset building, with a special interest in racial equity and the experiences of Hispanic and immigrant households. At the Center, her focus will be on emerging trends in community development finance and financial inclusion, including the role of fintech in low-income communities. Meet Rocio     SF Fed COVID-19 Resource Hub   Our resource hub makes it easy to find information about Fed actions and guidance in response to COVID-19 and related resources from the San Francisco Fed.   Read more       MORE FOR YOU     Perspectives from Main Street: The Impact of COVID-19 on LMI Communities   A recent Federal Reserve report summarizes findings from our second survey of organizations nationwide. The survey was conducted in June 2020 with over 1,800 respondents serving rural, suburban and urban communities. Of those surveyed, sixty percent indicated COVID-19 was significantly disrupting economic conditions in the communities they serve and expect the recovery to be difficult. The most frequently cited impacts of COVID-19 were income loss, job loss and unemployment. Explore the findings Main Street Lending Program Updates   The Federal Reserve Main Street Lending Program keeps credit flowing to small and mid-sized businesses and nonprofit organizations that were in sound financial condition before the coronavirus pandemic but now need financing to maintain operations. Looking for more information? Ready to apply for a loan? Interested in registering as a lender? Visit the Main Street Lending Program website for answers to your questions, program updates, and resources for borrowers and lenders. Learn more