9/28/20 Power Five

1. 18 Revelations from Trump’s Tax Returns – Piecing this together, Trump owes >$400 million in loans which are coming due within 4 years. He’s strapped for cash, so he runs for President to rebuild a brand. Much to his surprise, he wins and now uses the hotels and golf courses for official government business that generates big revenue for the family business. The Times found $70,000 worth of hair cut and care expense and millions of exorbitant “consulting” fees to his children used to keep his businesses running at a loss. Will a bank foreclose on a sitting President? Who else holds these notes? One clear failure of the Mueller investigation was the lack of financial information they were able to obtain but is it not in the best interest of the country to know if Trump owes hundreds of millions to Russia or China? Trump can very easily release one page of his 1040 return that would show whether he pays more taxes than a single worker with no children making $18,000 a year.

2. Where Did Covid’s 200k Live? – First deaths came from urban areas, the second wave hit rural America. Charts recommended.

3. Price Is No Longer an Obstacle to Clean Power – “One dramatic example is an analysis by Geoffrey Heal of Columbia University showing that it would cost only $6 billion a year for the U.S. to move to carbon-free electricity generation by 2050.

4. The Mouse That Lives On a 22,000 Foot Volcano“We’ve probably underestimated the altitude limits and physiological capabilities of lots of animals, just because the summits of the world’s highest peaks are relatively unexplored by biologists.”

5. How Big Oil Misled The Public Into Believing Plastic Would Be Recycled – “The industry’s awareness that recycling wouldn’t keep plastic out of landfills and the environment dates to the program’s earliest days, we found. “There is serious doubt that [recycling plastic] can ever be made viable on an economic basis,” one industry insider wrote in a 1974 speech.”