Gun Sales Set Record for Sixth Month in a Row
Stephen Gutowski reports: The Federal Bureau of Investigation processed a record number of background checks in the month of October, indicating that gun sales were at an all time high for the sixth month in a row.
“Barrack Obama and Hillary Clinton are the best gun salespeople on the planet. The more they scream for new gun control laws the more guns walk off the shelves at gun stores. To quote the lyrics of Peter, Paul and Mary, ‘When will they ever learn, when will they ever learn.’”
The FBI’s National Instant Background Check System processed 1,976,759 firearms related checks in October. That is a 373,290 increase in checks over last year and a new record for the month. It also makes October the sixth consecutive month to see a record number of checks….(read more)
Source: Washington Free Beacon
Lab-Grown Diamonds Made In A Microwave Are Now A Thing.
Roland Jones reports: Diamonds really are forever, now that we can manufacture them.
“The man-made diamonds are starting to be sold by retailers such as Wal-Mart , although they still make up just a small fraction of total diamond sales.”
There’s a growing market for man-made jewels grown in science labs, Bloomberg reports. The diamonds are made by placing a carbon seed in a microwave chamber and superheating the substance into a plasma ball, which crystallizes into the much-desired jewels. Experts can only tell the difference between the manufactured diamonds and traditionally mined ones using a machine…(read more)
Trolls operate on the principle that negative attention is better than none. In fact, the troll may feed off the negative attention, claiming it makes him a victim and proves that everyone is out to get him.
Nate Silver writes:
…There’s a notion that Donald Trump’s recent rise in Republican polls is a media-driven creation. That explanation isn’t entirely wrong, but it’s incomplete. It skims over the complex interactions between the media, the public and the candidates, which can produce booms and busts of attention. And it ignores how skilled trolls like Trump can exploit the process to their benefit.
Let’s look at some data. In the chart below, I’ve tracked how media coverage has been divided among the Republican candidates over roughly the past month (the data covers June 14 through July 12), according to article counts on Google News. In turn, I’ve shown the share of Google searches for each candidate over the same period. The data was provided to FiveThirtyEight by Google but should closely match what you’ll get by searching on Google Trends or Google News yourself.
“Trump has taken trolling to the next level by being willing to offend members of his own party. Ordinarily, this would be a counterproductive strategy. In a 16-candidate field, however, you can be in first place with 15 or 20 percent of the vote — even if the other 80 or 85 percent of voters hate your guts.”
Even before his imbecilic comments about Sen. John McCain this weekend, which came too recently to be included in this data, Trump was receiving far more media attention than any other Republican. Based on Google News, 46 percent of the media coverage of the GOP campaign over the past month was directed toward Trump, more than for Jeb Bush (13 percent), Chris Christie (9 percent), Scott Walker (8 percent), Bobby Jindal (6 percent), Ted Cruz (4 percent) and Marco Rubio (4 percent) combined.
“Trolls are skilled at taking advantage of this landscape and making the news cycle feed on its own tail, accelerating the feedback loop and producing particularly large bounces and busts in the polls.”
And yet, the public is perhaps even more obsessed with Trump. Among the GOP candidates, he represented 62 percent of the Google search traffic over the past month, having been searched for more than six times as often as second-place Bush.
So if the press were going purely by public demand, there might be even more Trump coverage. Instead, the amount of press coverage that each candidate has received has been modulated by the media’s perception of how likely each is to win the nomination….(read more)
“The public is perhaps even more obsessed with Trump. Among the GOP candidates, he represented 62 percent of the Google search traffic over the past month, having been searched for more than six times as often as second-place Bush.”
But a regression analysis — you can read the gory details in the footnotes3— suggests that press attention both leads and lags public attention to the candidates. This makes a lot of sense. The public can take cues from the media about which candidates to pay attention to. But the media also gets a lot of feedback from the public. Or to put it more cynically: If Trump-related stories are piling up lots of pageviews and Trump-related TV segments get good ratings, then guess what? You’re probably going to see more of them.4
This creates the possibility of a feedback loop….(read more)
…So if these spikes are media-driven, they seem to be driven by some particularly modern features of the media landscape. Social media allows candidates to make news without the filter of the press. It may also encourage groupthink among and between reporters and readers, however. And access to real-time traffic statistics can mean that everyone is writing the same “takes” and chasing the same eyeballs at once. Is the tyranny of the Twitter mob better or worse than the “Boys on the Bus” model of a group of (mostly white, male, upper-middle-class, left-of-center) reporters deigning to determine what’s news and what isn’t? I don’t know, but it’s certainly different. And it seems to be producing a higher velocity of movement in the polls and in the tenor of media coverage. Read the rest of this entry »
BREAKING: MERGER DEAD: Comcast + Time Warner Cable Mega-Merger Doomed After FCC Issues Dreaded ‘Death Sentence’Posted: April 23, 2015
Internet users ‘can breathe sigh of relief’ as FCC calls for lengthy hearing, reportedly scuttling proposed mega-deal between top two US cable companies
The controversial merger between Comcast and Time Warner Cable appears to be dead after the top regulator in the United States recommended handing over the deal to a lengthy hearing by an administrative law judge.
“The reason this is essentially a ‘death sentence’ is that it’s a multi-year process.”
The blockbuster combination of the two top cable companies in the US was already threatened by a widely reported decision from the Department of Justice to block the merger on antitrust grounds.
Citing “people with knowledge of the matter”, the business news service said Comcast could decide whether to walk away from its proposed Time Warner Cable takeover as soon as Thursday, with an announcement on Friday.
“Designating the deal for a hearing would make Comcast and Time Warner Cable go through a lengthy evidentiary procedure. That’s a very high hurdle to clear in its own right, and a huge barrier to overcome for a disastrous deal like this one, which has no real public interest benefits to show.”
A spokeswoman for Comcast said the company had no comment on the report of the merger’s dissolution.
The two telecommunications giants proposed to create a single operator that would have controlled up to two-thirds of US internet connections and provided cable television to more that a quarter of the American market.
“The reason this is essentially a ‘death sentence’ is that it’s a multi-year process,” explained Rich Greenfield, an analyst at the research firm BTIG.
An FCC hearing under its rigorous judicial process, he said, “would involve senior Comcast executives taking the stand, and it’s very hard to imagine Comcast fighting a multi-year battle with the government. Even if they won that, it sounds like the Department of Justice is waiting to sue, so then you’d have to go to war with the DoJ.”
Rather than face a lengthy legal battle on two different fronts, the easiest way forward for Comcast appears to be to scuttle the merger entirely.
A reverse termination fee, or breakup fee, is usually a consolation prize for the smaller partner in a merger, paid by the larger partner if such a mega-deal fails – in Comcast’s case, probably about $1.35bn. Time Warner agreed to waive that fee last year.
From the moment the Comcast-Time Warner deal was proposed, critics questioned the possible consumer benefit from a merger that created a company with such a large share across multiple markets.
Others pointed to Comcast’s moves during its most recent huge merger, with NBCUniversal, in particular its record on providing broadband to low-income households in markets like its hometown of Philadelphia, as it had promised to do. Comcast was responding to those charges as recently as Wednesday. Read the rest of this entry »
The Obama administration refuses to negotiate openly, lest the extent of its diplomatic surrender to Iran be prematurely and fatally exposed.
“We know they don’t need to have an underground, fortified facility like Fordo in order to have a peaceful program,” Mr. Obama said of the Iranians in an interview with Haim Saban, the Israeli-American billionaire philanthropist. “They certainly don’t need a heavy-water reactor at Arak in order to have a peaceful nuclear program. They don’t need some of the advanced centrifuges that they currently possess in order to have a limited, peaceful nuclear program.”
Hardly more than a year later, on the eve of what might be deal-day, here is where those promises stand:
Fordo: “The United States is considering letting Tehran run hundreds of centrifuges at a once-secret, fortified underground bunker in exchange for limits on centrifuge work and research and development at other sites.”—Associated Press, March 26.
Arak: “Today, the six powers negotiating with Iran . . . want the reactor at Arak, still under construction, reconfigured to produce less plutonium, the other bomb fuel.”—The New York Times, March 7.
Advanced centrifuges: “Iran is building about 3,000 advanced uranium-enrichment centrifuges, the Iranian news media reported Sunday, a development likely to add to Western concerns about Tehran’s disputed nuclear program.”—Reuters, March 3.
But the president and his administration made other promises, too. Consider a partial list:
Possible military dimensions: In September 2009 Mr. Obama warned Iran that it was “on notice” that it would have to “come clean” on all of its nuclear secrets. Now the administration is prepared to let it slide.
“It was never especially probable that a detailed, satisfactory verification regime would be included in the sort of substantive framework agreement that the Americans have been working for.”
— The Economist
“Under the new plan,” The Wall Street Journal’s Jay Solomon and Laurence Norman reported last week, “Tehran wouldn’t be expected to immediately clarify all the outstanding questions raised by the IAEA in a 2011 report on Iran’s alleged secretive work. A full reckoning of Iran’s past activities would be demanded in later years as part of a nuclear deal that is expected to last at least 15 years.”
Verification: Another thing the president said in that interview with Mr. Saban is that any deal would involve “extraordinary constraints and verification mechanisms and intrusive inspections.”
Iran isn’t playing ball on this one, either. Read the rest of this entry »