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“Demand Is Set To Explode” – Nevada’s Recent Shortages Are Nothing Compared to What’s Coming…

September 19, 2017 Leave a comment

Ian Jenkins

Canada has a pot problem, as Quartz Media recently warned us, but it’s a lucrative problem to have. One thing holding back this $8-billion market (Forbes Magazine, April 13, 2017) is supply, and one little-known company plans to be the steward of it in a big way.

When Canada legalizes recreational marijuana in less than a year, in line with a bill pushed through by Prime Minister Justin Trudeau, legal supply is likely to be limited. There may not even be enough even if we are only considering medical marijuana usage.

The supply picture is so fantastically tight that Health Canada has had to streamline the approval process for growers because medical marijuana users have tripled in number since last year alone, according to Quartz. When it becomes legal recreationally, a Deloitte report estimates the economic  impact will be worth $22.6 billion annually—in other words, more than the combined sales of beer, wine and spirits.

Meet Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF), the world’s first cannabis streaming company, backed by a powerhouse team, with the biggest industry trailblazer leading the way.

Not only is Cannabis Wheaton jumping into a huge potential market where supply is forecast to struggle to reach demand, but it’s offering a lifeline to new and existing growers who need financing to get off the ground fast.

Producers need a miracle grow strategy, and Cannabis Wheaton is stepping in to fill the gap with a “royalty” business model that is new to this market.

And for investors, the major upside is that this model removes the risks associated with putting all your money into a single-crop producer.

Cannabis Wheaton is intending to ‘stream’ pot, and 15 partners have already been lined up, along with 1.4 million square feet of growing acreage.

Here are 5 reasons to keep a close eye on Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF) right now:

#1 ‘Streaming’ Deals Already Lined Up

To say that Cannabis Wheaton is a catalyst for change in an $8 billion market that is set for an explosive boost in less than year is an understatement.

The company’s royalty business model reduces risk for everyone. For the investor, it means less risk associated than with a single-crop producer. For producers, it means more opportunities and avenues of financing to get growth off the ground.

This is the evolution of the traditional licensed cannabis producer—and Cannabis Wheaton is the only company on this track.

And they’ve already sealed 15 partnership agreements in 17 facilities across six Canadian provinces to fund the construction and expansion of cannabis growing facilities and innovations. In return, they get minority equity interests and a portion of the cannabis produced. They’ve also got 39 solid clinic relationships, and this is growing fast, with access to over 30,000 registered medical marijuana patients.

cbw1

By 2019, just for starters, Cannabis Wheaton will have more than 1.4 million effective square feet of pot cultivation.

But it’s not just about risk, for investors—it’s about exposure. Through Cannabis Wheaton, exposure isn’t limited to a single-crop: You get access to multiple licensed producers to take full advantage of this $8-billion industry.

#2 Quick Scaling and Capitalization of Market Share Potential

A unique confluence of factors, including the fact that cannabis remains federally illegal in the United States, means that Canadian companies are in our opinion positioned to become the “multi-nationals” of cannabis – an area that as we know will rival alcohol and tobacco due to the sheer size of demand and revenues.

Within this set of Canadian cannabis producers, an even smaller subset – probably half a dozen or so companies have the capital and ongoing ability to raise funding that make them the most likely to capitalize with first-mover advantage on not just Canada’s 36 million person population, but a potential population of 500 million people or more in jurisdictions like Germany and Brazil that are also opening up to cannabis and that look to Canada’s framework and quality standards as they develop their internal regimes for production and distribution of cannabis products.

If one looks at this as a funnel:

Canada is in a special situation to potentially create the multinationals for cannabis.

Only a handful of companies in Canada are well-funded enough to scale into this.

Of these, Cannabis Wheaton, due to its streaming structure is well positioned due to the fact the company can scale quickly and diversify risk as more than a dozen different teams – its partners – build out facilities concurrently.

The combination of circumstances that have come about to give a handful of Canadian companies and possibly, specifically Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF) a first-mover advantage in becoming the multinationals of cannabis.

Because Cannabis Wheaton is the only company employing the streaming model, it has far and away the best opportunity to meet scaled up capacity and deliver on this huge global market opportunity.

Cannabis Wheaton’s model is intended to maximize profits by minimizing operational expenditures.

cbw2

Just how quickly should they be able to scale up and capitalize? Well, take a look at comparisons drawn up by the company to its peers in this industry, the ‘single-crop’ producers:

cbw3

Bottom line: What Netflix is to movies and TV series, Cannabis Wheaton could be to pot. Or, what Silver Wheaton (NYSE:SLW) is to the mining industry. That company strikes a deal with a miner to purchase part of its future metal production in exchange for upfront cash. Investors love it because it gives them lower-risk and diversified exposure to the mining industry.

But this could even be better because Cannabis Wheaton finances the facility and then takes a ‘stream’ of product that comes out of the facility, but it doesn’t touch the product itself; it takes the royalty or it directs the producer to ship the product to Cannabis Wheaton’s customer.

#3 Management Play Backed by Political Heavyweights

Not only is this an idea that has the potential to take an $8-billion industry into the next phase, with brilliant timing—but it’s also being led by an experienced management team with extraordinary vision, and a track record to go along with it.

CEO Chuck Rifici is a household name in Canada’s marijuana industry. He co-founded the largest full-scale producer of government-sanctioned marijuana—Canopy Growth Corp. – and then took it public in April 2014 as its CEO. It’s still the largest public cannabis company around, and today’s it boasts a $1 billion market cap. And it’s the benchmark for success in the industry.

Not only has he led the industry’s most successful cannabis company to stardom, but he’s also sat on the board of other industry darlings, including Supreme Pharmaceuticals (SPRWF), Aurora Cannabis (ACBFF) and CannaRoyalty (CNNRF).

And it’s not just about management: Cannabis Wheaton is backed by political heavyweights, as Canadian politicians swarm onto the marijuana scene to cash in on the anticipated profits.

Rifici himself is former chief financial officer of the federal Liberal party. And the company’s strategic advisor is Rick Dykstra, former Conservative Member of Parliament and current party president in Ontario.

In June, the company added another heavy weight as president and director—industry-leading expert Hugo Alves. As a partner at Bennett Jones LLP, Alves founded and built the law firm’s Cannabis Group—the leading cannabis-focused legal advisory business in the country. He’s another highly-respected marijuana industry pioneer, who knows everything there is to know about cannabis licensing.

When it comes to regulatory affairs, Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF) has it covered—and beyond—with Alves’ experience and expertise. And this knowledge could benefit all of Cannabis Wheaton’s streaming partners.

Alves was the first big firm lawyer in Canada to take what he calls a ‘big firm’ approach to pot. He ended up acting for 12 of the leading license producers and some 60 license producer applicants, not to mention another 50 ancillary businesses in the cannabis space. He’s got high-level contacts at every vertical in this industry.

#4 Exploiting a Huge Industry Gap with Looming Supply Shortages

Canada has over 150,000 medical marijuana patients, and that number is expected to grow to 500,000 by 2021, according to Canaccord Genuity. Yet, existing patients already bemoan supply shortages. To meet projected demand by 2021 just for medicinal purposes, Canada will need 150,000 kilograms of pot—with a sale value of $1.8 billion.

When this goes recreational, supply will be in real trouble. Canaccord Genuity estimates that by 2021 there will be an additional 3.8 million recreational users consuming 420,000 kilograms of pot (that’s worth around $6 billion).

To put this into perspective, Canada only has 40 licensed producers right now and last year, they grew only 31,000 kilograms—in other words, 5 percent of anticipated demand, according to the Financial Post.

But shortages are where things get lucrative, and the Canadian government is also keen to make sure supply meets demand. That’s why they moved to make the licensing process a lot easier in May last year.

For Cannabis Wheaton, it’s all about helping the streaming partners being the most dominant partners they can be, as Alves says.

The gap Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF) is exploiting is a huge one: “There is a segment of the marketplace where people are trying to get their facilities built and they don’t have access to capital at all,” Alves told us.

Finding money to build facilities when you have no assets is tricky. That’s where the evolutionary genius of Cannabis Wheaton comes in, financing the producer at an aspirational valuation but letting the producer keep control, while Cannabis Wheaton takes an allocation of their production yield.

#5 First-Mover, and Only-Mover Advantage

Cannabis Wheaton has ‘only-move advantage’ because it’s the pioneering force behind the “financing by streaming” of the Canadian pot industry.
It’s the first company to bring the streaming business model to this market, and its business model makes it easier for investors to get in on this burgeoning market with lower-risk exposure to diversified licensed producers.

With producers under pressure to increase production by 10 times in order to keep pace with legalization for recreational use, Cannabis Wheaton has seen the gap in capital and is taking swift advantage of that. It has already signed deals with 15 partners, and counting. It’s a win-win for everyone: The producers get to keep control of their production, they get to leverage Cannabis Wheaton’s broad capital, regulatory, licensing and cultivation expertise, and Cannabis Wheaton and its investors get a nice stream of product or proceeds royalties.

We’re always looking for pioneers in new market spaces, and when it’s an estimated $8-billion market with a dearth of supply and a voracious demand, the company that has the best chance of fundamentally changing this space usually wins. We’ve found this in Cannabis Wheaton, and the fact that it’s led by industry leaders and backed by political heavyweights from all spectrums doesn’t hurt at all.

Cannabis Wheaton (TSX:CBW.V; OTC:KWFLF)  is one most nimble participants and the company is set up uniquely to scale fastest into a market that, if it goes global, is poised to be dominated by Canadian companies with first-mover advantage and an eye on establishing footholds internationally.

5 More Reasons Why ESPN Is Failing

September 19, 2017 Leave a comment

Man, ESPN just can’t seem to get it together.

In light of the Jemele Hill controversy this week (in which the host of SC6 — formerly SportsCenter — tweeted that Donald Trump is a white supremacist), it’s helpful to review all of the problems the media juggernaut has created for itself. In March, I wrote The Top 5 Reasons ESPN’s Ratings Are in Freefall. Things have only gotten worse since that time, with over 100 highly paid on-air personalities and other employees having been laid off in April in a cost-cutting move.

ESPN seems to want to continue to double down on everything it’s doing wrong. The results are predictable for anyone who isn’t on the mothership. It’s inconceivable that parent company Disney is pleased with ESPN’s steadfast refusal to reverse course.

Here are five more reasons the network is failing: 

1. Monday Night Football ratings are still down

The ratings are in for the opening weekend of the NFL and the downward spiral continues. While NBC’s Sunday Night Football was up slightly, the first match-up in ESPN’s Monday Night Football doubleheader was down 14 percent. The second game was also down by a smaller margin. And no, the decline can’t all be blamed on Hurricane Irma.

The rights fees that ESPN paid to the NFL and NBA are an albatross around their neck. Those contracts are continuing to produce declining returns. The bottom line is that ESPN bid against themselves for those rights contracts, causing them to be locked into contracts way more exorbitant than necessary. Of course, ESPN probably couldn’t have been expected to foresee these declines at the time they were bidding. The NFL and NBA were juggernauts — just like ESPN. A good portion of the decline comes from structural problems within each sport.

The NFL continues to allow its players to protest during the National Anthem, causing even more viewers to break their football habit. For its part, ESPN continues to highlight the protests (more on that in a moment). ESPN’s Monday Night Football broadcast was also beset with serious broadcasting problems owing to their insistence on diversity over quality.

Meanwhile, NBA playoff ratings were up on a per-game basis, but the complete lack of competitiveness in the playoffs led to far fewer games and an overall drop in ad revenue. The level of competition likely won’t be increasing anytime soon.

2. ESPN isn’t entertaining

The NBA on TNT is actually a fun watch. In fact, I watch more for the studio show than for the games themselves. With goofballs Shaquille O’Neal and Charles Barkley taking never-ending shots at one another, the show can be addictive.

Absolutely nothing like that exists on ESPN on the television side. ESPN’s NBA pregame show is sometimes painfully uninteresting, especially in comparison to their competition. Oh, I suppose Scott Van Pelt is a funny dude, and I have enjoyed what he brings to the table since he was on ESPN Radio. His rendition of SportsCenter is about the best that can be done with that once great franchise. There just seems like no compelling reason to watch.

What Jemele Hill and Michael Smith have done in their rebranding of SportsCenter, now called SC6 (because it airs at 6 p.m. Eastern. Get it?), has created unwatchable dreck. The ratings bear this out, showing a 20 percent drop from the previous year, when the old model of SportsCenter aired. It’s not JUST because the two hosts are social justice warriors who share controversial opinions on a regular basis. Much of it simply reflects a blind spot in ESPN management. Hill and Smith just aren’t engaging. In fact, they’re off-putting for a large swath of American viewers.

Not exactly a winning formula.

3. The model is antiquated — nobody needs SportsCenter anymore

This may be the most important factor going completely unconsidered by the brass at ESPN. SportsCenter was a juggernaut — twenty years ago, when it was anchored by Dan Patrick and Keith Olbermann. Long before Olbermann became famous for getting fired by reasonable people, he teamed up with Patrick to give an entertaining nightly sports report. This was in an era when America’s insatiable appetite for sports information could not be satisfied. This was before Twitter, Facebook, smartphone apps, even MySpace.

Thus, SportsCenter was the anchor program. They even used to run commercials asking which time slot of SportsCenter you were addicted to. Of course, that was when I was in college… an eternity ago.

Today, all anyone needs to do to get the information they crave is to pick up their phone and open an app. You don’t need to turn on your TV and wait for the information to scroll by, or for it to be told to you by a talking head. You can just go get it.

That makes programs like SportsCenter completely dispensable, and no amount of ESPN executives tinkering with the model will return it to its former glory.

4. They’re doubling down on alienating potential audiences

Jemele Hill is just the latest example of what happens when ESPN prioritizes staying woke over entertaining its audience. ESPN spent the entire NFL off-season finding new ways to make unemployed backup quarterback Colin Kaepernick a news item. Memo to ESPN brass: No matter whether you agree or disagree with the message, lectures aren’t entertaining. It wears out your audience pretty quickly.

Now, I have a confession to make. Despite their constant focus on race in sports, and their endless false premises about white people and institutional racism, I actually find Dan Le Batard and Bomani Jones entertaining. They’re funny — especially Le Batard. I am a bit of a sports radio junkie, and I’m constantly on the hunt for something that isn’t formulaic and stale. I’ll tune in to The Dan Le Batard Show fairly frequently in the mornings. He’s at his best when he’s poking fun at and mocking the standard sports talk show. He’s at his worst, however, when he starts lecturing about his views on race. That’s when I turn the dial. I suspect I’m not alone.

5. Yes, people are noticing the double standards

PJ Media’s Stephen Kruiser did an excellent job this week pointing out the double standards employed by ESPN in the Jemele Hill controversy. ESPN executives treated Linda Cohn and Curt Schilling far differently, for similar — or lesser — offenses. In Cohn’s case, it was merely acknowledging the point that ESPN is ignoring its constituency, leading to a suspension:

ESPN stalwart Linda Cohn lamented the network’s non-sports wander into politics in an interview last spring, noting that the “core group” of viewers who made ESPN so successful were being ignored.

Schilling was fired outright for retweeting a meme indicating his agreement with North Carolina’s bathroom law. Hill, on the other hand, received a reprimand for calling the president of the United States a white supremacist. Hill’s non-apology apology only made things worse:

My comments on Twitter expressed my personal beliefs. My regret is that my comments and the public way I made them painted ESPN in an unfair light. My respect for the company and my colleagues remains unconditional.

Let us be crystal clear on this point: Hill is not sorry that she offended at least half the country. Schilling offended a minority of Americans. Cohn merely acknowledged, without taking a side either way, that some of their audience had bled off because of politics. Schilling got fired; Cohn was suspended; Hill was on the air the very next day.

Is it any wonder that right-thinking people are turning off ES(JW)PN?

Trump Moves toward Arctic Wildlife Drilling for 1st Time in 30 Years

September 19, 2017 Leave a comment

(Chris White, Daily Caller News Foundation) President Donald Trump is moving toward allowing energy exploration in the Arctic National Wildlife Refuge (ANWR) for the first time in several decades, according to a report Friday from The Washington Post.

Donald Trump 2016 election photo

Photo by Michael Vadon (CC)

Interior Department officials are modifying decades’ old regulations that have traditionally prevented the agency from conducting seismic studies seen as the first step towards drilling, the report notes.

U.S. Fish and Wildlife Service director James W. Kurth told the agency’s Alaska regional director to strike constraints on a rule that allowed exploratory drilling between 1984 and 1986, the last time drilling was allowed in the ANWR, according to a document WaPo obtained.

“When finalized, the new regulation will allow for applicants to [submit] requests for approval of new exploration plans,” Kurth wrote in the August memo. Yet oil and gas drilling within the refuge’s 19.6 million acres can only take place through Congressional fiat.

Drilling in the area has become a prickly political football. Environmental activists typically use the remote refuge as a type of Maginot Line upon which the oil industry should never be allowed to penetrate. They believe the area should be off-limits because it houses North America’s last large caribou herds.

RELATED: Trump Gets Oil, Gas Drilling Leases Moving Again that Obama Held Up

Politicians and the energy industry, meanwhile, continue to press to extract the billions of barrels of oil that lie hidden underneath the refuges’ coastal sections. Republicans have long-argued that opening the ANWR would raise revenues and support local tribes struggling with poverty – the area under consideration is only 1 percent of the entire refuge.

The Trump administration suggested in May that selling off the nation’s petroleum strategic reserves “would raise $500 million in fiscal year 2018” and “as much $16.6 billion in oil sales over the next decade,” Bloomberg reported earlier this year. Trump also believes opening ANWR would raise another $1.8 billion over the next decade.

Trump’s proposal to sell half of the nation’s strategic oil reserves went further than previous Republican-led plans. The reserve, originally set up in the 1970s, currently holds “687.7 million barrels of oil in salt caverns and tanks at designated locations in Texas and Louisiana,” Bloomberg reported.

The Energy Department was forced to release approximately 4.5 million barrels of oil from the reserve last month to limit the effects from Hurricane Harvey, which began as a Category 4 hurricane but was later dialed down to a tropical storm after slamming headlong into southeast Texas.

Interior Secretary Ryan Zinke said in May that he hoped to start energy exploration on Alaska’s North Slope through updating resource assessments in ANWR.

“I’m a geologist. Science is a wonderful thing. It helps us understand what is going on deep below the surface of the Earth,” Zinke said at the time. “We need to use science to update our understanding of the [coastal plain] of the Arctic National Wildlife Refuge as Congress considers important legislation to responsibly develop there one day.”

Companies would have to bid on conducting the seismic studies once the rules are finalized after a public comment period. The work would cost nearly $3.6 million, according to a U.S. Geological Survey estimate in a June 27 memo.

It is not clear how much business opening the area would drive considering oil prices are averaging around $50 per barrel, a price point many believe is too low to justify a significant investment. Some might consider proceeding with those geological studies to get a better sense of the area’s potential.

YouTube Channel “Anonymous Official” Exposed

September 19, 2017 Leave a comment

Most, who follow the Anonymous movement, have heard of the YouTube channel, “Anonymous Official”, which is notorious for stealing videos created by actual Anons, revamping them, and calling them their own.

Over the last five years, Anonymous Official has slowly gained a monopoly over ‘Anonymous’ on YouTube. They have made a hefty profit off the theft of other’s hard work and accomplishments. Meanwhile, they’ve contributed nothing to the movement itself.

This behavior has largely gone unchecked due to the fact Anons do not take their battles to the courtroom. This is a technicality Anonymous Official is using to their advantage.

After observing Anonymous Official over the years, what initially started as mild gratitude, quickly turned to suspicion. This one channel pumped out “Messages” from Anonymous by the masses, many of which originated elsewhere.

Sharing videos created by those within the Anonymous movement – those who are actually trying to bring about change in the world – is entirely appropriate. Recreating Anonymous videos to make them appear as your own for the purpose of recognition and profit, is unacceptable.

Through a mixture of over-confidence and hubris, the sole owner of “Anonymous Official” made himself known to us through one of our little birdies.

Meet Anthony Vaiana, an English and Film Studies teacher at the Niagara Catholic District School Board in Niagra Falls, Ontario. He lives in Buffalo, NY:

Retrieved from: YouTube

Anthony formerly worked as a painter in Rochester (NY) before attending school at the State University of New York at Fredonia. He likes the New York Yankees, photography, and threatening people who report videos he’s stolen:

Source: Anonymous

Anonymous Official/Anthony Vaiana’s counter notification reads:

Display name of uploader: Anonymous Official

This is our original content and you own NONE of the rights to it. Remove this strike imminently.

I swear, under penalty of perjury, that I have a good-faith belief that the material was removed due to a mistake or misidentification of the material to be removed or disabled.

I consent to the jurisdiction of the Federal District Court for the district in which my address is located or, if my address is outside the United States, the judicial district in which YouTube is located, and will accept service of process from the claimant.

Anthony Vaiana

56 Baker Ct

Buffalo, NY 14218 US

anonymousofficialyt@gmail.com

(716) 235-1631

No, Mr. Vaiana, we won’t see you in court. We’ll just expose you. We’re Anonymous. You should have expected us.

The Equifax Hack: Hackers Have The Credit Information Of 143 Million Americans

September 19, 2017 Leave a comment

| Infowars.com

 

Talk about a nightmare.  It is being reported that criminals were able to hack into Equifax and make off with the credit information of 143 million Americans. 

We are talking about names, Social Security numbers, dates of birth, home addresses and even driver’s license numbers.  If this data breach was an earthquake, we would be talking about a magnitude-10.0 on the identity theft scale.  We have never seen anything like this before, and to say that this will be “disastrous” for the credit industry would be a massive understatement.

What really disturbed me about this story is that this hack reportedly occurred between “mid-May and July of this year”

Credit monitoring company Equifax has been hit by a high-tech heist that exposed the Social Security numbers and other sensitive information about 143 million Americans. Now the unwitting victims have to worry about the threat of having their identities stolen.

The Atlanta-based company, one of three major U.S. credit bureaus, said Thursday that “criminals” exploited a U.S. website application to access files between mid-May and July of this year.

So why didn’t we learn about this until September?

Somebody out there really needs to answer that question for us.

And even though the “143 million” number is being thrown around constantly, according to USA Today we may never know the true number of victims…

When asked if there’s a way to quantify how many people have been harmed, John Ulzheimer, a credit expert and former employee at Equifax and credit score firm FICO, said: “There’s no way to know, and there may never be a way to know.”

Personally, I don’t see how Equifax can possibly survive after this.  Their stock price is already crashing, and now it has come out that they had put a “music major” in charge of data security…

When Congress hauls in Equifax CEO Richard Smith to grill him, it can start by asking why he put someone with degrees in music in charge of the company’s data security.

And then they might also ask him if anyone at the company has been involved in efforts to cover up Susan Mauldin’s lack of educational qualifications since the data breach became public.

It would be fascinating to hear Smith try to explain both of those extraordinary items.

Also, we are now finding out that Equifax has not just had security problems here in the United States.

According to the New York Post, data breaches have been taking place all over the globe…

Hackers had access to the names, dates of birth and e-mail addresses of nearly 400,000 people in the United Kingdom, said Equifax’s British subsidiary in a statement last week.

In Canada, sensitive data belonging to 10,000 consumers may have been hacked in the breach, said a statement from the Canadian Automobile Association.

In Argentina, one of the company’s portals was so easily accessible that it allowed quick exposure to the personal information of more than 14,000 people.

As noted above, the public didn’t learn about any of this until September.

But once top Equifax officials learned what had happened, some of them started dumping their shares of Equifax very rapidly

Three Equifax executives — not the ones who are departing — sold shares worth a combined $1.8 million just a few days after the company discovered the breach, according to documents filed with securities regulators.

Equifax shares have lost a third of their value since it announced the breach.

Needless to say, the SEC is going to be looking into this very closely.

As we move forward, there is a tremendous amount of concern as to how much this data breach will affect the U.S. economy.

Only time will tell, but without a doubt it will have an impact.  For example, according to Bloomberg this data breach could potentially have an absolutely disastrous impact on store-branded credit cards…

Equifax Inc.’s massive data breach could make an already tough market outlook even more daunting for the firms behind Gap Inc.’s and Ann Taylor’s store-branded credit cards.

Those retailers’ banking partners, including Synchrony Financial and Alliance Data Systems Corp., could see fewer account originations as more consumers freeze their credit to avoid hack-related fraud. Consumers have to take extra steps — including calling the credit bureau, going online or paying fees — to lift a block and get a new card.

“If people are defaulting to credit freezes, then if you’re a Macy’s retailer trying to sell credit cards, you can’t get that done at the point of sale,” said Vincent Caintic, an analyst at Stephens Inc. “It could become a regular thing, these freezes. It does slow down the origination process and it’s probably going to increase acquisition costs.”

If you believe that your data may have been compromised in this breach, there are some things that you can do right away to help protect against identity theft.  You can sign up for 24 hour a day credit monitoring, you can request fraud alerts, you can enable “two factor authentication” and beyond all of that you could go as far as to freeze your credit.

But if everybody in America suddenly started freezing their credit, that would slow down economic activity dramatically.  So needless to say authorities are hoping that does not happen.

In this case, Equifax needs to step up and do the right thing.  They need to inform all of the victims (even if that means reaching out to 143 million different people), and they should automatically provide free credit monitoring for all of those that were affected.

I seriously doubt that Equifax will take these measures, and I also seriously doubt that Equifax will be able to survive much longer.

When you bungle something as badly as Equifax has done, it is nearly impossible to restore faith in an organization.  The credit information of 143 million Americans is now in the hands of criminals, and the potential damage that could be done is absolutely off the charts.

Floyd Mayweather Jr. Defends Trump, Slams Leftists, Ungrateful Immigrants

September 19, 2017 Leave a comment

And that’s probably why you’re only just now hearing about it

The following interview didn’t receive much fanare in the mainstream media, and it’s no wonder why.

Truth Revolt

 

Boxing champion Floyd Mayweather Jr. gave a lengthy interview Monday to Hollywood Unlocked. While much of what Mayweather spoke about concerned boxing, he also took time to share his views on President Trump — namely that people have judged him unfairly.

A portion of the interview is featured above (warning: strong language) and the The Daily Wire summarized other pertinent parts of the boxer’s interview:

I think a lot, within this world, like I said, racism still exists. You never heard anything about Donald Trump being racist until he ran for president and won. Before that, everyone was like, “Oh, he on WWE. He on different shows.” Everybody, they liked Donald Trump. As soon as he ran for president, because, people don’t like the truth.

Mayweather also dismissed news media apoplexy over the released Access Hollywood (“grab her by the p****”) tape:

He speak like a real man spoke. Real man speak, like, “Man, she had a fat a**. Did you see that a**? I had to squeeze her a**. I had to grab that fat a**.” Right?

So, he talkin’ locker room talk. You know what I’m sayin’? “I’m the man. You know me, I grabbed her by the p****. And?”

I feel people shy away from realness. This man didn’t do nothin’. Hey, listen. If y’all didn’t want the man in the White House, y’all should’ve voted the other way. He didn’t rob, he done his homework. He done what he had to do and he got there. I’m not here to knock nobody.

With regard to other policies Trump critics are protesting, Mayweather’s advice is simple: focus on yourself. All the time you spend protesting could be spent coming up with ideas for a business! Amen:

So at the end of the day, I don’t know why everybody keeps bitching about, and keeps picketing, and holding, they walking, “We don’t want!”; protesting, “We don’t want this happening!” My man, all that time you spend protesting, you keep be at home writing down ideas, coming up with a business.

Another portion of the interview that might draw some chuckles concerned the topic of taxes, which Mayweather said impacts him (as a multi-millionaire) far more than anyone else needs to worry about:

​”My man, you ain’t makin’, if you ain’t makin’ four, five, six hundred million dollars, man, it’s not gonna affect you no f***in’ way. So, it’s only gonna affect somebody like me. I’m the motherf***** that should be trippin’, payin’ thirty-four, twenty-five, twenty-six million dollars. I should be trippin’.”

While his language is colorful, Mayweather also offers a common sense view most celebrities shy away from. We can see why his interview, worth watching through until the end, has received little attention.

New Hampshire Marijuana Decriminalization Law Takes Effect

September 19, 2017 Leave a comment

New Hampshire has become the 22nd state in the U.S. to decriminalize possession of small amounts of marijuana and related products.

The Granite State on Saturday became the last of the New England states to eliminate the possibility of jail time for simple marijuana possession.

Marijuana Policy Project reports:

“The governor and Legislature both deserve a lot of credit for moving the state forward with this commonsense reform,” said Matt Simon, the Manchester-based New England political director for the Marijuana Policy Project. “Unlike his predecessors, who opposed similar proposals, Gov. Sununu appears to understand that ‘Live Free or Die’ is more than just a motto on a license plate.

“A lot of credit also goes to the House, which has been supporting decriminalization bills since 2008,” Simon said. “It was refreshing to see the Senate finally come to an agreement with the House on this issue in 2017. This is a big step toward a more sensible marijuana policy for New Hampshire.”

HB 640 was introduced by Rep. Renny Cushing and a bipartisan group of co-sponsors in the House of Representatives, where it received overwhelming approval in February (318-36). The Senate amended and approved it on May 11 (17-6), and the House passed the Senate version by a voice vote on June 1. Gov. Sununu signed it on July 18.

This legislation reduces the penalty for possession of up to three-quarters of an ounce of marijuana from a criminal misdemeanor — currently punishable by up to one year in prison and a fine of up to $2,000 — to a civil violation punishable by a $100 fine for a first or second offense and a $300 fine for a third offense within three years of the first offense. A fourth offense within three years of the first offense may be charged as a class B misdemeanor, but there would be no arrest or possibility of jail time.

“There is no good reason to continue arresting and prosecuting people for marijuana possession,” Simon said. “Marijuana is objectively less harmful than alcohol, and Granite Staters are ready to see it treated that way. A very strong majority of state residents support ending marijuana prohibition altogether.

“New Hampshire lawmakers should continue to follow their constituents’ lead on this issue,” Simon said. “Every state in New England is either implementing or strongly considering legislation to regulate marijuana for adult use. It is time for the Legislature to develop a realistic marijuana prohibition exit strategy for New Hampshire.”

More than two-thirds of adults in New Hampshire (68%) support making marijuana legal, according to a Granite State Poll released last month by the University of New Hampshire Survey Center.

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