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Gordon Boardway
1,749 followers -
ProTect Painters and Five Star Painting. Two names, One Great Company. Our vision is to capture your dreams and enhance your lifestyle by adding color to your world. We only leave color behind.
ProTect Painters and Five Star Painting. Two names, One Great Company. Our vision is to capture your dreams and enhance your lifestyle by adding color to your world. We only leave color behind.

1,749 followers
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The article says 2 out of 5 adults in the US can’t cover a $400 emergency expense. It’s actually good news. This is 10% better than just 4 years ago. Economists mostly agree the pace of economic growth & inflation will be slower this year. Most don’t believe a recession is looming. The Fed is poised to raise rates in June and just announced they intend to let inflation run up slightly. Congress voted to roll back the controls of Graham-Dodd. Trump is expected to sign this before the end of the week. The extra juice from smaller banks will keep us going for a while but it’s not without some downside risks.

https://www.cnbc.com/2018/05/22/fed-survey-40-percent-of-adults-cant-cover-400-emergency-expense.html
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Hot Potato! Something is not right here. There’s a “bit” of an issue. Are we headed from bitcoin to bit con? Research here indicates a single Bitcoin transaction can consume 250kWh of energy. That’s enough to power an average home for 9 days. Gastly, “by 2020, it will consume all the electricity the world uses today.” Watts Up Cryptonite! Even if this is way over stated, someone has to be stealing power somewhere to cover this insane cost. Copious conspicuous consumption never lasts. Consult your secret crypto decoder ring. It’s global warning. And Jailhouse Rock says, “Conjunction Junction. How’s this function?” Answer: It doesn’t. It can’t be sustained for long. There is going to be a meltdown or correction. The question is when and who gets burned holding the final fire.

https://interestingengineering.com/bitcoin-has-an-energy-issue-and-its-getting-really-serious
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Love the title but there is something more disturbing here than the E.coli. It says, the last batch of tainted romaine lettuce was harvested April 16 and “the shelf life for lettuce is about three weeks.” Really… yes. Three weeks. Studies suggest 30% of the nutritional value of most vegetables depletes within just 3 days. And by one week, typically 50-90% is gone. Exactly what value is left at 3 weeks? Not much and certainly not what is printed on the label. Romaine nutritional benefits include fibers, folates, vitamin C, carotene, lutein, and phenolic compounds. Great stuff. It’s fairly easy to grow lettuce. Maybe we should all be growing our own.

https://www.nytimes.com/2018/05/17/health/romaine-ecoli-outbreak.html

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Warning!!! Stop!! Think about what you are doing! Cloned versions of the following are being identified as viral threats, infecting your world and collecting data to influence your next purchasing decision. Further evidence suggests you could be held for ransom by some corrupt organization or politically motivated power. There will be significant pressure to persuade your vote in the next election. Each click sucks intelligence out of your brain. Please scan your device now. Eliminate all traces of this destructive activity and cease this behavior. Unfortunately, there is no permanent cure for your lack of common sense or willingness to be duped by stupidity. Just because Little Johnny jumped off that bridge, does not mean that it’s ok for you to follow.

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Yesterday’s news is good for anyone selling products and services. Consumer spending represents about 2/3 of the economy. Likely spurred on by tax savings, household spending is up even as debt levels remain very high and gas prices are rising. As long as employment and inflation news stays positive, we should be able to squeak out a few more rounds of economic gain. Just keep an eye on rising interest rates and signals from the financial sector as their top line growth slows down.

https://abcnews.go.com/Business/wireStory/us-retail-sales-rose-solid-03-percent-april-55172490

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Make that a $7 latte! Will the last substantive business leaving Seattle please turn of the lights? Municipality theft tax of $275 per employee based solely on company sales size (no reference to anything else). Socialism designed to pay for homelessness and affordable housing. No proof anywhere in the world that this works. And this city has not shown they can manage what they already have. A quick scan of media articles indicates thousands of jobs are going move out of the city. Companies are already conducting searches for new locations. Sorry, but this is not going to work.

http://q13fox.com/2018/05/14/starbucks-amazon-tee-off-on-seattles-new-head-tax/
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A storm with no name? They are calling it a “meandering tropical disturbance.” Since it really got going big yesterday, I think we should call it Momma. Widespread downpours are expected to continue across Florida throughout the week. It apparently could be tropical or sub-tropical. Barometric pressure at my house is about 7 points below normal and still dropping. Hopefully it stays non-hurricanical. But it’s definitively going to be wet. The dry season is officially over. Could be 10 days or more before we see the sun shine again.
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212 million days forfeited! The most common reason cited – procrastination? It seems we all would have better results if we just took the time to plan ahead. We’ve already completed more than 40% of 2018. Do you have your vacation planned yet?

https://www.cnn.com/2018/05/09/opinions/take-more-vacation-days-america-opinion-denis/index.html
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We’ve seen this movie before and it has an expensive ending. Trucks, SUVs and less than fuel efficient vehicles lead the pack in sales. Low gas prices have lulled the USA into the trap once again. We’ve raise the speed limits on the roads allowing for even more consumption. Oil may have lost some power but don’t underestimate the sting as it comes roaring back. Don’t forget, we are driving up the deficit as well. Taxes and tariffs on fuel are not out of the question. They may be the next move to cash. What happens if gas prices head toward $6 a gallon? That super duty gas guzzling beauty holds 48 gallons and a fill up will be $288.

https://www.wsj.com/articles/japans-sedan-drive-sends-americans-speeding-to-the-off-ramp-1525265207
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“The U.S. economic expansion has become the nation’s second-longest on record.” If things stay the slow and steady course, it will be the longest ever by July of 2019. Producing about 2.2% growth, the author here calls this one a “slog.” It’s been a slow eight years and 10 months. Most indicators are still slightly positive. Everyone’s asking how long can this go? And many are wondering how short and shallow the next recession will be. Hopefully it’s both. The typical short recession would be around 10 months. But down cycles have lasted up to several years. The last one in 2007-2009 was 18 months.

https://www.bloomberg.com/news/articles/2018-05-01/as-u-s-expansion-hits-endurance-milestone-here-s-what-s-next

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