6/19/20 Power Five

1. The Case for Cleaning Up America’s Lead Problem – As the nation debates ways to support Black communities, one obvious solution that yields huge returns is removing lead pipes from municipal water systems. Flint was and is a call to action, but the charts in the article show dozens of predominately Black areas with high levels of childhood lead poisoning.

2. The Return of the Platypuses – As the ponds and forests of Tidbinbilla, Australia were decimated by the bush fires, platypuses (and many other types of animals) were rescued, cared for, and now released back to the wild.

3. Hamilton is Hot in Europe (Monetary Policy not the Play) – Leaders of the EU are proposing a joint debt agreement to expedite the economic recovery and it looks very similar to what Hamilton proposed for the colonies 200+ years ago. Ron Chernow, author of the famous biography said, “Although it sounds technical and boring, it was the single greatest contribution he made to the creation of the federal government. Everything else simply pales beside it.” We’ll see if the Union can come to an agreement and follow the ten-dollar founding father without a father.

4. The Gas Industry is Paying Influencers to Gush Over Gas Stoves – A influencer market for everything. “A second study by UCLA found that if your gas stove and oven were both on for an hour, you’d have enough nitrogen dioxide build up inside your home that it would be considered illegal if you were outdoors.”

5. The Pandemic Has Shown That Amazon is Essential – but Vulnerable – “Amazon’s first-quarter sales rose by 26% year on year. When stimulus cheques arrived in mid-April Americans let rip on a broader range of goods. Two rivals, eBay and Costco, say online activity accelerated in May. There has been a scramble to meet demand, with Mr Bezos doing daily inventory checks once again. Amazon has hired 175,000 staff, equipped its people with 34m gloves, and leased 12 new cargo aircraft, bringing its fleet to 82. Undergirding the e-commerce surge is an infrastructure of cloud computing and payments systems. Amazon owns a chunk of that, too, through AWS, its cloud arm, which saw first-quarter sales rise by 33%.”