Business & Politics News and Discussions

[wjfox]

The march towards a cashless society continues:

https://www.bbc.co.uk/news/business-65249034

[wjfox]

Won't be long until 50 year mortgages are commonplace.

And little or nothing will be done to change this.

[Nanotechandmorefuture]

The march towards a cashless society continues:

https://www.bbc.co.uk/news/business-65249034

This can go well if the principles of the USA here work but if it does not it can go wrong. Not much needs to be done if people are satisfied which still works nowadays. Seems Europe must have a situation to pull that stuff with mortgages.

[lechwall]

Won't be long until 50 year mortgages are commonplace.

And little or nothing will be done to change this.

I'd love to see a geographic split of this. Up North everyone I know is on the standard 25 year mortgage.

[wjfox]

^ In Central London, unless you have a rich partner, you literally need a CEO's salary to buy even a 1-bed flat.

The cost becomes slightly less insane around the outer boroughs, but is still far beyond the national average.

Looking at RightMove, there are maybe two or three properties I could afford in the whole of Greater London. And those are usually tiny, cramped flats in shitty areas. My only real option is one of the surrounding counties like Essex, and even then I'm looking at small or poor quality housing.

The state of housing in the UK, and the chronic shortage of new house-building to ease the balance of supply/demand, is a national scandal. For many young people, owning a house will be an impossible dream.

[weatheriscool]

Fetterman returns to the Senate following treatment for clinical depression
Source: CNN Politics

CNN — Sen. John Fetterman has returned to the Senate after receiving treatment for clinical depression at Walter Reed National Military Medical Center. The Pennsylvania Democrat began inpatient treatment in February and was discharged at the end of March. “It’s great to be back,” he told reporters as he arrived at the Capitol Monday afternoon. He did not answer questions.

“I want everyone to know that depression is treatable, and treatment works,” Fetterman said in a statement after his release. “This isn’t about politics — right now there are people who are suffering with depression in red counties and blue counties. If you need help, please get help.” His office had said he would return to Washington, DC, when the Senate came back into session on April 17 following a two-week recess.

While Fetterman had dealt with “depression off and on throughout his life, it only became severe in recent weeks,” his chief of staff said in February, announcing that the senator had decided to seek treatment.

Fetterman, a 53-year-old freshman senator who was elected in November of last year, suffered a stroke ahead of the the May 2022 Democratic Senate primary in Pennsylvania, which he went on to win.

Read more: https://www.cnn.com/2023/04/17/politics ... index.html

[weatheriscool]

[weatheriscool]

Judge rules against Google, allows antitrust case to proceed
Source: AP

By MATTHEW BARAKAT an hour ago

ALEXANDRIA, Va. (AP) — A federal judge on Friday rejected a motion from Google to toss out the government’s antitrust case against it.

U.S. District Judge Leonie Brinkema ruled the lawsuit alleging Google wields monopolistic power in the world of online advertising can proceed in its entirety.

Her ruling is the second setback for Google at the federal court in Alexandria. Google had earlier tried to get the case consolidated with a similar lawsuit that’s been ongoing for several years in New York. But Brinkema ruled last month that the case can proceed in the Alexandria courthouse, which is known as the “Rocket Docket” for its reputation of adjudicating disputes swiftly.

The lawsuit alleges that Google holds a virtual monopoly in online advertising that works to the detriment of consumers. The complaint alleged that Google “corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers, and brokers, to facilitate digital advertising.”

Read more: https://apnews.com/article/google-antit ... 7beae73da4

[weatheriscool]

[weatheriscool]

Lauren Boebert hit with new campaign finance complaint for 'illegally spending $60,000'
Source: raw story



Sarah K. Burris May 4, 2023, 3:34 PM ET

Rep. Lauren Boebert (R-CO) .................

.......................

The group alleges that Boebert spent tens of thousands of dollars on so-called "get out the vote" contact calls and texts.

The voter outreach efforts are considered in-kind independent expenditures, but that wasn't how she reported them, the group said.

"Boebert may have made an illegal in-kind contribution to herself that exceeds the $5,000 limit set by federal law, or spent money to influence another campaign without reporting it, as required by federal law," the report says citing the complaint.

"Congresswoman Boebert used her leadership PAC as a personal bank but, unfortunately for her, this practice is illegal under federal law," End Citizens United President Tiffany Muller told Newsweek...........................

Read more: https://www.rawstory.com/lauren-boebert ... um=twitter