30 Year Old Man Stabbed To Death On North Philadelphia Subway Platform

30 Year Old Man Stabbed To Death On North Philadelphia Subway Platform

It’s the latest in what can only be described as a disturbing string of violent attacks on and around Philadelphia-area SEPTA’s mass transit stops.

On Monday morning this week a man was stabbed to death on the platform at North Philadelphia’s Somerset Station on the city’s Market-Frankford line, according to KYW Philadelphia.

By the time police had responded to the call at the station on Kensington Avenue, the 30 year old suspect had suffered a stab wound to the chest. The victim died after being taken to the hospital, the report says. 

Transit police are looking for a suspect who “was last seen wearing a gray Nike hoodie and red gloves, and carrying a light blue backpack.”

Less than a week ago we wrote about a shooting at a bus stop in Northeast Philadelphia. 

The shooting took place at the Arrott Transportation Center, according to reports from KYW Newsradio. The report said that “one man was shot in the chest and taken to a nearby hospital where he later died”.

Last month we noted that Transit Workers Union Local 234 President Brian Pollitt was demanding accountability from Gov. Josh Shapiro, Mayor Cherelle Parker, and SEPTA officials after a string of violent crimes on and around Philadelphia mass transit over the last few weeks. 

In fact, he says he has been calling for National Guard deployment on SEPTA – similar to how New York City has deployed the National Guard on MTA – for four years, according to WKYW.

“I think that governor needs a round of applause because they’re going through the very same thing that we’re going through,” Pollitt said of New York City last month. 

He says many SEPTA drivers are seeking retirement because of how dangerous the job has gotten and that it is tough recruiting new drivers. “And I got young people coming in the door and once they come in here and see how things are, they’re going out there looking for other opportunities,” he said. 

Last month we wrote about 8 teens who were shot near a SEPTA bus in Northeast Philadelphia. The incident came just hours after the prior shooting injuring four and killing one involving mass transit in Philadelphia.

Tyler Durden
Tue, 04/02/2024 – 15:05

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RFK Jr. Says He Will Pardon Whistleblower Edward Snowden If Elected President

RFK Jr. Says He Will Pardon Whistleblower Edward Snowden If Elected President

Authored by Stephen Katte via The Epoch Times,

Independent presidential candidate Robert F. Kennedy, Jr., claims he would pardon whistleblower Edward Snowden on his first day as president if elected and “investigate the corruption and crimes he exposed.”

Mr. Snowden is a former National Security Agency (NSA) contractor who leaked information about the agency’s widespread domestic surveillance operations during the Obama administration. He fled from the United States in 2013 amid possible espionage charges that could have seen him imprisoned for 30 years or more.

According to an April 1 video statement from Mr. Kennedy, Mr. Snowden performed a “critical public service by revealing to Americans for the first time that our government had been spying on millions of us … of law-abiding American citizens in violation of numerous laws and of our fundamental right to privacy.”

“His brave actions led Congress to restrict the surveillance authority of the intelligence community for the first time in forty years,” Mr. Kennedy said.

The America I love doesn’t punish whistleblowers. Truth tellers who champion free speech and try to return America to its democratic and humanitarian ideals should be revered, not prosecuted,” he added.

Mr. Snowden has been praised by some for his actions and vilified as a traitor by others. He says he made the disclosures because he believed the U.S. intelligence community had gone too far and infringed on civil liberties.

In 2016, the House Intelligence Committee released a declassified version of an investigative report on Mr. Snowden (pdf), describing Mr. Snowden’s actions as showing a reckless disregard for Americans’ safety and U.S. national security.

However, a 2020 U.S. appeals court found that the program Mr. Snowden had exposed was unlawful, and that the U.S. officials who had publicly defended it weren’t telling the truth.

RFK Jr. Reveals Petition to Have Snowden Pardoned

As part of his statement, Mr. Kennedy also unveiled a petition calling for at least 300,000 signatures to help pressure the Biden administration to act and pardon Mr. Snowden for his actions, so he can return “unfettered to the United States.”

“Prior to Edward Snowden, nobody knew the intelligence agencies were illegally mining all of our data and spying on American citizens,” Mr. Kennedy said.

“So it’s not surprising that those same intelligence agencies are now trying to portray Snowden as a criminal and that captive politicians are supporting that narrative,” he added.

According to Mr. Kennedy’s message on the petition, whistleblowers like Daniel Ellsberg, John Kiriakou, Chelsea Manning, Edward Snowden, and Julian Assange weren’t betraying America by revealing government corruption.

“But instead of championing free speech and celebrating these truth-tellers, today our government actively persecutes journalists and whistleblowers,” the message says.

“This isn’t the Soviet Union. The America I love doesn’t imprison dissidents. Our founders put free speech as the First Amendment because all our other rights depend on it. If you give a government license to silence its critics, it now has license for any atrocity.”

Mr. Snowden currently lives in Moscow with his American wife, Lindsey Mills. He received a Russian passport and took the citizenship oath back in 2022. As a result, he can no longer be extradited to a foreign country.

Mr. Snowden claims another reason he applied for Russian citizenship was that the White House intentionally canceled his passport and stifled all his attempts to leave the nation. It’s unclear whether he has renounced his U.S. citizenship.

Tyler Durden
Tue, 04/02/2024 – 14:45

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Hey NASA! ISS Space Junk May Have Ripped Through South Florida Home

Hey NASA! ISS Space Junk May Have Ripped Through South Florida Home

In early March, Jonathan McDowell of the Harvard–Smithsonian Center for Astrophysics posted on social media platform X that space junk from the International Space Station “reentered” the Earth’s atmosphere between “Cancun and Cuba.” 

Days later, an X user named “Alejandro Otero” said some of that space junk “tore through the roof and went thru 2 floors” of his Naples, Florida home. 

Local media outlet WINK News spoke with Otero about what he believes is space junk that damaged his home: 

“It was a tremendous sound. It almost hit my son. He was two rooms over and heard it all,” said Alejandro Otero.

Alejandro told WINK News he was on vacation when his son called.

“Something ripped through the house and then made a big hole on the floor and on the ceiling,” said Alejandro. “When we heard that, we were like, impossible, and then immediately I thought a meteorite.”

They came home early from their trip and found that an apparent man-made cylindrical-shaped object weighing nearly two pounds ripped through the ceiling and tore through the floor.

Alejandro believes it could have come from space.

“It used to have a cylindrical shape, and you can tell by the shape of the top that it traveled in this direction through the atmosphere. Whatever you burned, created in this burn and melted the metal over in this direction,” said Alejandro.

Wherever it came from, it scared the Otero family.

“I was shaking. I was completely in disbelief. What are the chances of something landing on my house with such force to cause so much damage,” Alejandro said. “I’m super grateful that nobody got hurt.”

The incident sparked interest with the tech blog website Ars Technica, which spoke with NASA spokesperson Josh Finch. He said NASA’s Kennedy Space Center will analyze the object “as soon as possible to determine its origin.” 

“It gets more interesting if this material is discovered to be not originally from the United States,” Michelle Hanlon, executive director of the Center for Air and Space Law at the University of Mississippi, told Ars. 

Hanlon added: “If it is a human-made space object which was launched into space by another country, which caused damage on Earth, that country would be absolutely liable to the homeowner for the damage caused.”

Tyler Durden
Tue, 04/02/2024 – 14:20

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Two Weeks To Flatten Became Eight Months To Change The Election

Two Weeks To Flatten Became Eight Months To Change The Election

Via The Brownstone Institute,

In 1845, Congress established Election Day as the Tuesday after the first Monday of November. The Act sought “to establish a uniform time” for Americans to cast their ballots for president. Historically, voters needed to provide a valid reason – such as illness or military service – to qualify for absentee ballots.

But Covid served as a pretext to overturn that tradition. Just 25% of votes in 2020 occurred at the polls on Election Day. Mail-in voting more than doubled. Key swing states eliminated the need to provide a valid reason to cast absentee ballots. The virus and racial justice became justifications to disregard verification methods like signature requirements.

Rejection rates for absentee ballots plummeted by more than 80% in some states as the Covid regime welcomed an unprecedented increase in mail-in voting. Politicians and media outlets ignored rampant voter fraud in the months leading up to the election. They treated concerns surrounding absentee voting as obscure conspiracy theories despite a bipartisan commission describing it as “the largest source of potential voter fraud” just a decade earlier. 

It is now clear that the overhaul of our election system was a deliberate initiative from the outset of the pandemic response. In March 2020, when the Government’s official policy was still “two weeks to flatten the curve,” the administrative state began instituting the infrastructure to hijack the November presidential election, more than 30 weeks beyond when the Covid response was supposed to end. 

March 2020: The CDC and the CARES Act Meddle in the Election

On March 12, 2020, the CDC issued a recommendation for states and localities to “encourage voters to use voting methods that minimize direct contact with other people,” including “mail-in methods of voting.”

Two weeks later, President Trump signed the $2 trillion CARES Act, which offered states $400 million to re-engineer their election processes for that November. 

At the time, proponents of the CARES Act argued it was necessary to reopen the country. For example, the New York Times argued it was “critical to fund and implement the safety measures necessary to let Americans get back to work, school and play without a recurrence of the virus.”

But political actors immediately plotted ways to use the funds to entrench their power long past the proposed two-week lockdowns. Nearly every swing state announced plans to promote mail-in voting and reduce electoral safeguards in a Congressional report

“Michigan will use the funds to bolster vote by mail,” the report announced. Governor Gretchen Whitmer received $11.3 million from the CARES Act to change election procedures in her state. In November, 57% of Michigan voters (over 3 million people) cast their ballot by mail. For the first time, the state did not require a reason for absentee voting, and mail-in ballots more than doubled. President Trump would go on to lose Michigan by just 150,000 votes.

When Trump signed the CARES Act, just 0.05% of Michigan residents had tested positive for Covid. The state’s political leaders later boasted that their agenda had not been focused on public health. “Even when there’s not a pandemic, once people begin using the absentee ballot process, they’re much more likely to continue to do so in the future,” said Michigan Secretary of State Jocelyn Benson after Election Day.

Pennsylvania received $14.2 million from the CARES Act to address its election process. At the time, the infection rate in the Keystone State was 1 in 6,000 (0.017%). Democratic Governor Tom Wolf’s administration told the federal government it would use its plans to increase absentee voting. In November, 2.5 million Pennsylvanians voted by mail. President Biden won 75% of those votes – a difference of 1.4 million. President Trump lost the state by under 100,000 votes.

The CARES Act provided Wisconsin with over $7 million for election matters. Democratic Governor Tom Evers said the state would use funds to provide “absentee ballot envelopes,” to develop “the statewide voter registration system and online absentee ballot request portal,” and “to account for additional costs” related to mail-in voting.

Governor Evers explained, “Having as many absentee ballots as possible is absolutely a top priority [and] always has been given the emergency we’re in.” Eight months later, 1.9 million of the state’s 3.3 million voters cast their ballot by mail. The rejection rate for absentee ballots plummeted from 1.4% in 2016 to 0.2%. President Biden won Wisconsin by just 20,000 votes. 

Democratic activists were unsatisfied with the $400 million added to the national debt to reshape the elections. Mark Zuckerberg’s foundation offered an additional $300 million. In Time, Molly Ball celebrated the “shadow campaign that saved the 2020 election.” She quoted Amber McReynolds, the president of “nonpartisan National Vote at Home Institute,” who called the government’s reluctance to provide additional funding “a failure at the federal level.” Despite her professed “non-partisanship,” President Biden rewarded her service by appointing her to the Board of the US Postal Service. 

In Time, Ball hailed the mail-in activists’ efforts, which included targeting “Black voters” who may have otherwise “preferred to exercise their franchise in person.” They focused on social media outreach to try to convince people that a “prolonged [vote] count wasn’t a sign of problems.” Their informational warfare may have changed Americans’ perception on mail-in voting, but it could not eradicate the predictable controversies that it created. 

April and May 2020: Voter Fraud Skyrockets

In May 2020, New Jersey held municipal elections and required all voting take place via mail. The State’s third largest city, Paterson, held its election for city council. The results should have been a national scandal that ended the push for mail-in voting.

Shortly after the election, the Postal Service discovered “hundreds of mail-in ballots” in one town mailbox. A Snapchat video showed a man named Abu Razyen illegally handling a stack of ballots he said was for candidate Shanin Khalique. Khalique initially defeated his opponent by just eight votes. A recount found their vote was tied.

Paterson resident Ramona Javier never received her mail-in ballot for the election. Neither did eight of her family members and neighbors, yet they were all listed as having voted. “We did not receive vote-by-mail ballots and thus we did not vote,” she told the press. “This is corruption. This is fraud.”

Election officials rejected 19% of the ballots from Paterson, a city with over 150,000 residents. While Paterson’s election was particularly troublesome, mail-in ballots were problematic across the state. Thirty other New Jersey municipalities held vote-by-mail elections that day, and the average disqualification rate was 9.6%.

New Jersey brought voting fraud charges against City Councilman Michael Jackson, Councilman-Elect Alex Mendez, and two other men for their “criminal conduct involving mail-in ballots during the election.” All four were charged with illegally collecting, procuring, and submitting mail-in ballots.

A state judge later ordered a new vote, finding that the May election “was not the fair, free and full expression of the intent of the voters. It was rife with mail in vote procedural violations constituting nonfeasance and malfeasance.”

Politicians refused to concede that the incident revealed the vulnerability of absentee balloting. Instead, Governor Phil Murphy told the press that the scandal was a good sign. “I view that as a positive data point,” he argued. “Some guys tried to screw around with the system. They got caught by law enforcement. They’ve been indicted. They’ll pay a price.”

Murphy and other allies of Joe Biden ignored the threat, presuming the forces would not hurt their hopes that November. 

In Wisconsin, the April 2020 primary election offered further evidence of the challenges and corruption surrounding mail-in voting. Following the primary, a postal center outside Milwaukee discovered three tubs of absentee ballots that never reached their intended recipients. Fox Point, a village outside Milwaukee, has a population of under 7,000 people. 

Beginning in March, Fox Point received between 20 and 50 undelivered absentee ballots per day. In the weeks leading up to the election, the village manager said that increased to between 100 and 150 ballots per day. On election day, the town received a plastic mail bin with 175 unmailed ballots. “We’re not sure why this happened,” said the village manager. “Nobody seems to be able to tell me why.”

Democrats admitted the system threatened election integrity. “This has all the makings of a Florida 2000 if we have a close race,” said Gordon Hintz, the Democratic minority leader in the Wisconsin State Assembly. New York Governor Andrew Cuomo went further. “It’s a harder system to administer, and obviously it’s a harder system to police writ large,” he said. Cuomo continued, “People showing up, people actually showing ID, is still the easiest system to assure total integrity.”

The Wisconsin primary also featured special elections for the Wisconsin Supreme Court. A liberal judge upset the incumbent conservative justice, and partisans embraced their overhaul of the electoral system. The New York Times reported: “Wisconsin Democrats are working to export their template for success – intense digital outreach and a well-coordinated vote-by-mail operation – to other states in the hope that it will improve the party’s chances in local and statewide elections and in the quest to unseat President Trump in November.”

Despite the corruption, the lost ballots, and the admissions of threats to electoral integrity, the process had been a success in political terms; their candidate had won. The ends had justified the means. Citizens lost faith in their election process, and political leaders readily admitted that their concerns were justified; but the professional politicos and their mouthpiece, the New York Times, characterized the disaster as a “template for success.”

Controversies continued to emerge surrounding mail-in ballots.

In September 2020, a government contractor threw Trump mail-in ballots in the trash in Pennsylvania. ABC News reported that “ballots had been found in a dumpster next to the elections building.” A week later, three trays of mail with absentee ballots were found in a ditch in Wisconsin.

In Nevada, the Reno-Sparks Indian Colony offered gifts, including gift cards, jewelry, and clothing to Native Americans who showed up to vote. Activist Bethany Sam organized the event, where she donned a Biden-Harris mask and stood in front of the Biden-Harris campaign bus.

Voters in California received ballots with no place to vote for president, over 20% of ballots mailed to voters in Teaneck, New Jersey, had the wrong Congressional districts listed, and Franklin County, Ohio reported sending over 100,000 absentee ballots to the wrong address due to an “envelope stuffing error.”

In October, Texas police arrested Carrollton Mayoral Candidate Zul Mirza Mohamed on 109 counts of fraud for forging mail-in ballots. Authorities discovered fraudulent ballots at Mohamed’s residence with fictitious licenses. That same month, a Pennsylvania district attorney charged Lehigh County Elections Judge Everett “Erika” Bickford with “prying into ballots” and altering the entries from a local election that June. That election was decided by just 55 votes.

Reports continued to emerge after the election. The New York Post uncovered election records that showed dead people had cast absentee ballots that November.

California law enforcement arrested two men with a 41-count criminal complaint for allegedly submitting over 8,000 fraudulent voter registration applications on behalf of homeless people. Their goal was to get Carlos Montenegro, one of the defendants, elected Mayor of Hawthorne, a city in Los Angeles County. The state also alleged that Montenegro committed perjury by falsifying names and signatures in his paperwork for his mayoral campaign.

In 2022, a Georgia investigation found more than 1,000 absentee ballots that never left the Cobb County government facility. Two months earlier, mail-in ballots from the 2020 election were discovered in a Baltimore USPS facility. In 2023, Michigan police found hundreds of mail-in ballots from the 2020 election in a township clerk’s storage unit.

All of this was entirely predictable, but perhaps that was the point. From the outset, the Covid regime sought to abolish the safeguards of our election system despite well-known concerns regarding election integrity. 

The United States of Amnesia: Voter Fraud Was Nothing New

The Covid regime’s messaging was clear: only conspiratorial lunatics would question the integrity of an election system that more than doubles its mail-in voting. FBI Director Christopher Wray testified, “We have not seen, historically, any kind of coordinated national voter fraud effort in a major election, whether it’s by mail or otherwise.”

But this wasn’t true. It contradicted long-standing conclusions regarding electoral integrity. Just as the public health apparatus abandoned thousands of years of epidemiological practice to implement lockdowns, the media and elected officials abandoned principles that until that moment had been common sense.

Following the controversy of the 2000 Presidential election, the United States formed a bipartisan Commission on Federal Election Reform. President Jimmy Carter, a Democrat, and former Secretary of State James Baker, a Republican, chaired the group.

After five years of research, the group published its final report – “Building Confidence in U.S. Elections.” It offered a series of recommendations to reduce voter fraud, including enacting voter-ID laws and limiting absentee voting. The commission was unequivocal: “Absentee ballots remain the largest source of potential voter fraud.”

The report continued: “Citizens who vote at home, at nursing homes, at the workplace, or in church are more susceptible to pressure, overt and subtle, or to intimidation. Vote buying schemes are far more difficult to detect when citizens vote by mail.”

The findings were reinforced by subsequent election scandals. 

A 2012 New York Times headline read: “Error and Fraud at Issue as Absentee Voting Rises.” The article made the front page of the paper and echoed the concerns of the Carter-Baker Commission. “Fraud Easier via Mail,” the paper explained.

“You could steal some absentee ballots or stuff a ballot box or bribe an election administrator or fiddle with an electronic voting machine,” said Yale Law professor Heather Gerken. That explains, she said, “why all the evidence of stolen elections involves absentee ballots and the like.”

The Times continued the potential corruption of mail-in ballots. “On the most basic level, absentee voting replaces the oversight that exists at polling places with something akin to an honor system,” the author wrote. The Times then cited US Circuit Court Judge Richard A. Posner: “Absentee voting is to voting in person as a take-home exam is to a proctored one.”

The report went on: “Voters in nursing homes can be subjected to subtle pressure, outright intimidation or fraud. The secrecy of their voting is easily compromised. And their ballots can be intercepted both coming and going.”

Historic controversies supported this consensus. The 1997 Miami mayoral election resulted in 36 arrests for absentee-ballot fraud. A judge voided the results and ordered the city to hold a new election due to “a pattern of fraudulent, intentional, and criminal conduct.” The results were reversed in the subsequent election.

Following Dallas’s 2017 City Council race, authorities sequestered 700 mail-in ballots signed “Jose Rodriguez.” Elderly voters alleged that party activists had forged their signatures on their mail-in ballots. Miguel Hernandez later pled guilty to the crime of forging their signatures after collecting unfilled ballots, and using them to support his candidate of choice.

The following year, it appeared that Republic Mark Harris defeated Democrat Dan McCready in a North Carolina congressional race. Election officials noticed irregularities in the mail-in votes and refused to certify the election, citing evidence and “claims of…concerted fraudulent activities.” The state ordered a special election the following year.

In 2018, the Democratic National Commission challenged an Arizona law that set safeguards around absentee voting, including limiting who could handle mail-in ballots. US District Judge Douglas L. Rayes, an Obama appointee, upheld the law. “Indeed, mail-in ballots by their very nature are less secure than ballots cast in person at polling locations,” he wrote. He found that “the prevention of voter fraud and preservation of public confidence in election integrity” were important state interests and cited the Carter-Baker Commission’s finding that “Absentee ballots remain the largest source of potential voter fraud.”

The rest of the world recognized the obvious threat that mail-in voting poses to election integrity. In 1975, France banned postal ballots after rampant voter fraud. Ballots were cast with the names of dead Frenchmen, and political activists in Corsica stole ballots and bribed voters. 

In 1991, Mexico mandated voter photo IDs and banned absentee ballots after the Institutional Revolutionary Party repeatedly committed fraud to maintain power. In Austria, Belgium, Canada, Chile, Denmark, Estonia, Ireland, Lithuania, Luxembourg, Poland, Portugal, Slovenia, Spain, Turkey, and the United Kingdom, photo ID is required to get an absentee ballot.

In August 2020, economist John Lott analyzed how Covid was being used as a pretext to overhaul electoral standards in the United States. He wrote

Thirty-seven states have so far changed their mail-in voting procedures this year in response to the Coronavirus. Despite frequent claims that President Trump’s warning about vote fraud/voting buying with mail-in ballots is “baselessly” or “without evidence” about mail-in vote fraud, there are numerous examples of vote fraud and vote buying with mail-in ballots in the United States and across the world. Indeed, concerns over vote fraud and vote buying with mail-in ballots causes the vast majority of countries to ban mail-in voting unless the citizen is living abroad.

There are fraud problems with mail-in absentee ballots but the problems with universal mail-in ballots are much more significant. Still most countries ban even absentee ballots for people living in their countries.

Most developed countries ban absentee ballots unless the citizen is living abroad or require Photo-IDs to obtain those ballots. Even higher percentages of European Union or other European countries ban absentee for in country voters.

Political actors treated opposition to absentee balloting with scorn while ignoring its history of corruption. Mail-in voting may have been the decisive factor in the 2020 election, but Trump and his allies searched for other explanations to avoid his complicity in signing the CARES Act. 

The Trump campaign promised to produce “irrefutable” evidence that proved Trump won the election “in a landslide.” “I’m going to release the Kraken,” one Trump election lawyer told Lou Dobbs in November 2020. President Trump and Rudy Giuliani tweeted blame at Dominion voting machines. Sean Hannity said privately that Giuliani was “acting like an insane person.” 

Two days later, he told viewers about a “software error” from Dominion that “wrongfully awarded Joe Biden thousands of ballots that were cast for President Trump, until the problem was amazingly fixed.” In August 2023, Trump announced that he would release an “irrefutable report” demonstrating voter fraud in Georgia. He canceled the announcement two days later.

In the process, they ignored a far more obvious explanation.

Presidential elections in the 21st century have been decided by an average of 44 electoral votes. Pennsylvania, Georgia, Michigan, and Wisconsin offer a combined 62 votes in the Electoral College.

Under the pretext of Covid, states abolished their electoral safeguards.

They turned Election Day into a month of voting.

After prominent Democrats refused to certify the 2000, 2004, and 2016 elections, the victors chastised any concerns for electoral integrity as attacks on democracy.

This is all theater. From the outset of the pandemic response, the liberalization of voting rules was integral, all justified based on nonscientific grounds while invoking the cover of science. It wasn’t stopping disease spread that drove the dramatic upheaval in the American system of voting that has caused such widespread distrust. It was the drive for a result different from one that swept the country four years earlier. 

Tyler Durden
Tue, 04/02/2024 – 14:00

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Xiaomi SU7 EV Sells Out Of 2024 Inventory Within 24 Hours Of Launching

Xiaomi SU7 EV Sells Out Of 2024 Inventory Within 24 Hours Of Launching

The Xiaomi SU7 EV launch was such a resounding success that the vehicle sold out of all of its 2024 inventory within a span of 24 hours, according to InsideEVs.

The automaker is the latest to throw its hat in the fray and make a grab for marketshare in China, alongside of leaders BYD and Tesla. 

Xiaomi’s stock raged higher in Hong Kong on the news heading into Tuesday’s U.S. market open, which was preceded by Tesla missing its Q1 delivery guidance by a wide margin and posting its first Q1 delivery decline since 2020. 

Within the first four minutes of its launch last Thursday, Xiaomi’s debut car, the SU7, saw 10,000 preorders in China, escalating to 50,000 in 27 minutes and nearly reaching 90,000 by day’s end, the Inside EV report says.

The surge in demand for a vehicle by a newcomer to the automotive industry means customers who put down a 5,000-yuan ($850) deposit could face up to a seven-month wait, Reuters reported, citing delivery timelines from Xiaomi’s car app.

Scheduled to start deliveries by month’s end, the top-tier Max model of the SU7, priced at 299,900 yuan ($41,500), has a delivery estimate of 27 to 30 weeks, pushing some deliveries into the next year. The Standard and Pro versions, at 215,900 yuan ($29,900) and 245,000 yuan ($33,990) respectively, are expected to take 18 to 21 weeks for delivery.

The SU7, equipped with in-house developed electric motors and available in rear-wheel or all-wheel drive, features an 800-volt system and batteries from CATL or BYD, offering up to 515 miles (830 kilometers) of range. BAIC is set to manufacture the vehicle in Beijing, with an initial capacity of 150,000 vehicles annually, doubling in the second phase.

Priced around $4,000 less than Tesla’s Model 3 in China, the SU7 boasts a longer range, additional interior screens, a head-up display, and a more upscale interior that integrates with Xiaomi’s consumer electronics. Despite the availability of cheaper alternatives like the Zeekr 007, Xiaomi’s marketing has evidently made a significant impact in the highly competitive EV market.

We noted just yesterday that EV automakers were scrambling to offer incentives to compete not only with Xiaomi’s launch, but leaders Tesla and BYD. On April 1, Shanghai-based Nio unveiled an incentive plan worth up to 1 billion yuan ($186.4 million) to encourage gasoline vehicle owners to switch, offering perks like battery swaps, extra driving function subscriptions, and a Nio smartphone. 

At the same time, Xpeng reduced prices on certain vehicles by up to 20,000 yuan, and Chery Automobile introduced free purchase tax on select models and improved trade-in values. 

The heavy promotions stand at odds with Tesla’s strategy in China, which saw the automaker increase its Model Y SUV price, a move previously hinted to boost pre-hike demand and sales. 

Recall we also wrote just days ago that Nissan is the latest manufacturer to aim to cut EV costs in order to keep up with an increasingly competitive and saturated landscape. The company is now seeking to compete with Chinese rivals by slashing costs by 30%, Financial Times reported last weekend.  

Similarly, we have noted that auto companies are slashing investment in EVs, as is the case with American auto manufacturers like Ford and GM. We wrote last month that Joe Biden’s vision for EVs across America is in “full collapse”. 

Tyler Durden
Tue, 04/02/2024 – 13:40

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How Can Robinhood Afford 3% Cash Back On Its New Credit Card

How Can Robinhood Afford 3% Cash Back On Its New Credit Card

By Fintech Blueprint

Robinhood, the Menlo Park based company best known for popularizing commission-free trading — and the meme stock frenzy — entered the credit card space with its new Robinhood Gold Card.

The launch of a credit card comes less than a year after Robinhood’s $95MM cash acquisition of credit card company X1. We wrote a detailed piece on this last year; in summary, X1, the self-proclaimed “smartest credit card ever made” was a no-fee, rewards-based credit card offering a modern digital interface, innovative income-based underwriting, and user-friendly features such as easy subscription cancellations and single-use virtual cards. It was more “software app” than “card”.

The specifics of what Robinhood planned to do with the asset, particularly the benefits it would bring to the table, remained unknown. Based on the details that have been released so far, we think the excitement is justified. Some key highlights:

  • 3% cashback on all transactions and 5% back on travel booked through their new travel portal.

While the 5% back on travel is competitive, the unlimited 3% cash back on all purchases sets a new market standard. Although some cards offer higher rewards in specific categories, these benefits are often restricted by category limits and annual caps on earnings.

  • Users will have the ability to add up to five family members of any age as additional cardholders with each one receiving their own card. The primary account holder can monitor each card’s spending and impose spending limits.

This should be table stakes in today’s market, but adding a cardholder can be shockingly painful. Moreover, many issuers do not provide detailed spending breakdowns by user. This treats a family credit line as a software component, which we like.  

  • Cardholders can create and delete virtual cards for one-time purchases.

Great feature to have and one that is still lacking for many consumer cards, although newer business cards have gotten on board. As we touched on with X1, this allows for subscription cancellations and added security.

  • As a Visa Signature card, users automatically get trip interruption protection, extended warranty protection, auto rental collision waiver, and more.

Although it falls short of Visa’s top-tier offering, Visa Infinite, it still stands out as a premium option compared to other Visa categories like Visa Classic and Visa Gold.

Now, a few caveats. 

  • Advertising this as a “no fee” card is misleading. To qualify, users subscribe to a Robinhood Gold account, which runs $5 per month or $50 per year.

The fee is minimal for the value you get. You cover your monthly cost so long as you spend $166 per month ($166*3%=$5).

  • The cash back has limitations as to how it can be redeemed — (1) purchases at select merchants directly through Robinhood’s shopping portal; (2) booking travel through the travel portal; or (3) redeeming as cash to be deposited in the Robinhood brokerage account, which is set up automatically

Users who want to spend their cash back outside of the Robinhood ecosystem will have to figure out how to transfer the cash out of the brokerage account to a checking or savings account. Clearly, the program is set up as a customer acquisition cost for their core brokerage activity, which is where revenue generation is mature. While on the surface this may seem like a money-losing endeavor, it is important to understand the economics behind credit cards. Here are the levers:

  • Interest Income: Revenue accrued from the interest paid by cardholders on any carried outstanding balances;

  • Interchange Fees: Often referred to as swipe fees, these are charged to merchants by card networks each time a card is used for a transaction.

  • Annual Fees: Fees charged to owners of certain premium cards to compensate for the added perks these cards have.

  • Other Fees: This category encompasses a range of charges, including late payment fees, balance transfer fees, cash advance fees, and others.

In order to be profitable, the revenue from these streams must cover the costs associated with reward programs and unrecoverable debts. When managed properly, credit cards are money-making machines. That said, it’s crucial to recognize that the income generated is distributed among various stakeholders in the ecosystem. The issuer, also known as the issuing bank (e.g., Chase, Citi, Barclays) receives the largest share, generally getting the majority of interchange fees and interest income, as they are the entities extending the credit. The credit networks (e.g., Visa, Mastercard) receive a smaller portion of the interchange fee. However, as networks participate in a significantly higher number of transactions, this really adds up — with merchants paying MasterCard and Visa collectively over $100B in 2023.

For Robinhood, the exact economics from the program are more complicated. Robinhood is not issuing the card directly, instead relying on Coastal Community Bank as the issuer. However, unlike how such models typically work, it appears that Robinhood will still be underwriting the cards and agreeing to cover certain defaults. With that in mind, while the exact revenue share is not disclosed, the nature of the relationship likely means that the interchange fees and interest income will be split, in some manner, between the two entities.

Source

The credit card launch follows Robinhood’s continued push for growth, coming after products like 24-hour trading, IRA accounts, and expansion into the UK Market.

Source: Robinhood Q4 2022 and Q4 2023 Earning Presentations

Robinhood is executing a “land and expand” strategy, acquiring customers and then cross-selling them on the Fintech bundle to grow ARPU. This has several benefits:

  • Increased Customer Value: Allows the company to extract the maximum value from each customer across several offerings

  • Customer Retention: Customers who have multiple products or services from a company are more integrated into its ecosystem, making them “stickier” and less likely to switch to a competitor.

  • Lower Acquisition Cost: Acquiring a new customer is expensive, involving marketing, sales efforts, and onboarding processes. In contrast, selling to an existing customer, who is already familiar with and trusts the institution, incurs much lower costs.

  • Enhanced Customer Insight: Having customers use multiple products allows the company to gather more data on them, and therefore create more effective marketing and risk management

  • Revenue Diversification: Trading revenues may be cyclical, while credit card revenues are more consistent, and likely more profitable when rates are high.

Robinhood needs to derive maximum value from each customer because their monthly active users (MAUs) have been falling since 2021. The company had over 20 million users in 2021, and shows around 10 million in 2023 — a 50% collapse.

Source: Robinhood Q4 2022 and Q4 2023 Earning Presentations
Source

That said, while overall MAUs are declining, Gold Members are increasing, adding 280K during 2023, and an additional 90K in the first 2 months of 2024. Recurring subscription revenue is the antidote to volatility and might be the most critical thing for Robinhood going forward. As discussed by the CFO, Jason Warnick, on the company’s 2023 Q4 earning webcast, aside from generating $85MM in annualized membership fee revenue, Gold Members adopt products at a higher rate and hold approximately 8x the assets, or $40,000, compared to average users.

Source

The introduction of the credit card into this mix is a compelling proposition for subscribers. The link between the Gold Card and a Gold Membership will accelerate membership growth, leading to more revenue from memberships.

However, a critical challenge remains — Robinhood’s ability to effectively cross-sell to these new members within its ecosystem. The allure of the credit card is likely to attract a demographic distinct from the existing Gold Members, which might complicate cross-selling efforts. Will the new credit card users bring $40,000 to the trading platform? Robinhood seems willing to pay 3% cash back for a while to test the hypothesis.

Tyler Durden
Tue, 04/02/2024 – 13:20

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Facebook Shared Private DMs With Netflix ‘For Nearly A Decade’ According To Lawsuit

Facebook Shared Private DMs With Netflix ‘For Nearly A Decade’ According To Lawsuit

Facebook parent Meta is alleged to have allowed Netflix to see private user DMs “for nearly a decade” in order to help the streaming giant tailor content to users, according to claims made in an explosive new lawsuit.

According to court documents originally filed last April and finally unsealed on March 23, Netflix and Facebook “enjoyed a special relationship” for “bespoke access” to user data, which Netflix paid over $100 million for.

According to the filing:

By 2013, Netflix had begun entering into a series of “Facebook Extended API” agreements, including a so-called ‘Inbox API’ agreement that allowed Netflix programmatic access to Facebook’s user’s private message inboxes, in exchange for which Netflix would “provide to FB a written report every two weeks that shows daily counts of recommendation sends and recipient clicks by interface, initiation surface, and/or implementation variant (e.g., Facebook vs. non-Facebook recommendation recipients).

In August 2013, Facebook provided Netflix with access to its so-called “Titan API,” a private API that allowed a whitelisted partner to access, among other things, Facebook user’s “messaging app and non-app friends.”

The anti-trust class-action lawsuit was filed by two UC citizens, Maximilian Klein and Sarah Grabert, who claim that the two Silicon Valley behemoths agreed to “custom partnerships and integrations that helped supercharge Facebook’s ad targeting and ranking models” from at least 2011 stemming from the personal relationship between Mark Zuckerberg and Netflix co-founder Reed Hastings.

“Within a month” of Hastings joining Facebook’s board, the two companies signed an “Inbox API” (Application Programming Interface) which allowed Netflix “programmatic access to Facebook’s user’s private message inboxes,” the Daily Mail reports.

In exchange for this data, Netflix would provide Facebook a report every fortnight which showed how users interact with the streaming media platform.

As the Mail notes, Meta and other Silicon Valley companies have been forced to pay millions of dollars in fines for its mishandling of private user information.

In 2022, Ireland fined Meta €265 million ($284 million) after data about more than half a billion users leaked online.

Full names, phone numbers, locations and birthdays of users who used the platform between 2018 and 2019 were leaked online by a ‘bad actor’ who Meta said exploited a security vulnerability.

That same year, Meta agreed to pay $725million to settle a security breach case related to Cambridge Analytica, the British social media engineering company that was brought into the limelight after its role in the Brexit vote and the 2016 presidential election was exposed. -Daily Mail

In 2018, Facebook’s former chief technology officer, Mike Schroepfer, said that as many as 87 million Facebook users had their information improperly shared with Cambridge Analytica. Andrew Bosworth, his successor, said in a leaked email that the Cambridge Analytica scandal was a “non-event,” claiming that the data mining company “were snake oil salespeople. The tools they used didn’t work, and the scale they used them at wasn’t meaningful.”

Tyler Durden
Tue, 04/02/2024 – 13:00

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TradFi Vs DeFi: De-Polarizing The Bitcoin ‘To The Moon’ Or ‘Worthless’ Battle

TradFi Vs DeFi: De-Polarizing The Bitcoin ‘To The Moon’ Or ‘Worthless’ Battle

Authored by Omid Malekan, Co-Authored with Ulrich Bindseil, Director General of the European Central Bank

Cryptocurrencies like Bitcoin have always been polarizing, even within the world of economics and finance. This divisiveness, which often pits the crypto faithful against skeptical experts from traditional finance, is unfortunate. Both sides can learn a great deal from each other.

One of us is a Director General at the European Central Bank with a focus on payment systems and market infrastructure.

This past February Ulrich and a colleague published a viral blog post on the ECB website questioning whether Bitcoin had any fundamental value and listing other reasons to be skeptical of its promise as currency. The blog post was a follow-up to an initial critique on the same blog written by Ulrich and his colleague back in 2022.

The other one of us clearly disagrees.

Omid has been working in the crypto industry for years and teaches it at Columbia Business School. As argued on his own blog and in his books, he believes Bitcoin has unique and appealing properties that will eventually make it a backup reserve currency.

And yet: we consider each other friends, colleagues at a distance, and are conducting research together.

We first connected shortly after Ulrich’s initial blog post. Omid presented a list of rebuttals to Ulrich’s arguments — which to his credit Ulrich wanted to hear. Ulrich asked thoughtful questions and volunteered to read Omid’s book. He then invited Omid to present to his colleagues on digital currencies and cited Omid’s writing in his own research. Along the way we learned that we share a passion for the plumbing of finance and the likelihood of it being revolutionized by modern technology.

Unlike Ulrich, other experts in finance often dismiss all blockchain-based innovation, on account of the speculative nature of crypto assets, not to mention the combative nature of crypto believers.

Unlike Omid, many crypto professionals dismiss the most important lessons from the history of finance, dooming themselves to repeat them.

We’ve learned a lot from each other by putting our differences aside. We’ve even discovered that there’s a lot we agree on when it comes to the power of decentralized settlement networks, smart contracts, and tokenization.

We agree that Bitcoin is a novel invention created by a genius, and that it will lead to lasting innovation.

We also think that decentralization comes with major tradeoffs, one of which is a difficulty to evolve.

The next few halvings are going to test Bitcoin’s economic security.

Bitcoin has an illicit use problem. The illicit use of it needs to be addressed — as it needs to be addressed for every other payment solution. Its unique properties require new tools for combating illicit use, but society has to manage the tradeoffs between catching bad actors and censoring good ones. Where to fall on this spectrum is a political decision.

We agree that the energy impact of Bitcoin is significant and must be acknowledged, even as it trends towards renewables. Whether the environmental impact is worth it will ultimately depend on its utility beyond pure speculation. We both think the appeal of Bitcoin is greater in places with high inflation, political oppression, or a lack of basic financial services.

That said, we both think stablecoins might be even more useful to such people for day-to-day use. They might also be disruptive in developed markets as a more sophisticated and programmable payment instrument, one that can be coupled with other tokenized assets to improve capital markets and invent new instruments. [BU1]

Lastly, we both think the high volatility and lack of generally accepted valuation framework of Bitcoin add to the controversy surrounding it. Omid believes that one of his students (or even Ulrich) might someday make a name for themselves by proposing one. Ulrich believes he already found the answer but will try hard to come with a different solution.

Most of all, we both consider ourselves better off for challenging each other’s views and would encourage others to try the same.

Author’s note: This piece was originally written as a back-and-forth debate about Bitcoin before it morphed into the post above. Below is Omid’s rebuttal to Ulrich’s post on the ECB blog as well as Ulrich’s response to the rebuttal. We share this in the spirit of provoking further debate.

Omid Malekan: (emphasis ours)

Whether Bitcoin or any other asset should have value is for markets to decide. The more interesting question — for any asset — is whether there’s utility, but that lives in the eye of the beholder. I have no interest in collectible tennis shoes, but enough other people do for it to have a multi-billion dollar market [source]. My lack of interest is undecisive.

Bitcoin is an algorithmically minted digital currency with its own censorship-resistant payment system. Anyone can use it and be protected from inflation, repression, & forfeiture. This utility isn’t appreciated in the developed world where currencies are stable, and banking reliable. But countless people all over the world lack these financial amenities. Tellingly, Bitcoin adoption is highest in such countries [source].

In an ideal world, nobody would need Bitcoin. But in this one 25 countries are still experiencing double-digit inflation [source] and several had hyperinflation last year [source]. High inflation is often accompanied by financial repression. Bitcoin served as an effective store of value in these countries, despite its volatility.

A skeptic could argue almost any asset — including dollars, stocks, and real estate — do well when currencies collapse. But these assets are often unavailable to ordinary people, or live on untrustworthy infrastructure. Bitcoin has stronger property rights.

As the original blog post points out, those protections have a cost. Bitcoin is too slow and expensive to be used as a day-to-day currency & is seldom used as originally intended. But many technologies evolve beyond their original intent — the internet was original meant for academia and didn’t allow commercial activity until 1993. Tech evolves to serve users, not the other way around.

Bitcoin’s strong protections require energy. Setting aside the nuances, the environmental impact is significant. But many things use a lot of energy when measured in aggregate — like video games or the US Military. The question is whether the benefits are worth the cost. Bitcoin’s are, at least to women in Afghanistan or expats with family in Venezuela. Corporations and governments might someday find similar utility due to rising geopolitical tensions.

Bitcoin’s censorship-resistance does mean that it can be used for illicit activity. But so can smartphones, the internet, or banking. The existing financial system still accommodates significant illicit activity [source] — despite ever tightening restrictions, the cost of which is borne by everyone, including those who can afford it lease, like the underprivileged in so-called high-risk countries. The total amount of illicit activity in Bitcoin fell last year [source], possibly due to new forensic tools built on the transparency of the blockchain. Banking remains as opaque as ever, and fines for AML-violations jumped 50% in 2022. [source]

What do these benefits have to do with people who invest in Bitcoin ETFs? Very little. But it’s perfectly rational for one group of investors to bet that others will appreciate the utility of an asset. People who invest in Lithium ETFs don’t build batteries, they bet that someone else will.

Ulrich Bindseil: (emphasis ours)

Although it would be nice, I fear that the idea of women in Afghanistan improving their conditions with Bitcoin is largely a romantic wish. And if crypto-assets could support them, wouldn’t a US stablecoin relying on a faster, cheaper, and more efficient blockchain not provide a better store of value or payment mechanism than Bitcoin?

One can easily acknowledge that the technical design of the Bitcoin network appears to be a masterpiece. But that doesn’t mean that it’s not already outdated or on its way to being soon. How can the protocol be changed sufficiently to gain the efficiency it needs to survive in the medium term? Wouldn’t substantial changes betray the narrative of Bitcoin being immutable and having a fixed supply, making it indistinguishable from newer cryptocoins, reminding everyone its design is one of countless possibilities, and therefore not scarce?

We admire the technical designs of the 1944 Colossus computer of Max Newman, but it did not have commercial viability for long. Can we really imagine that Bitcoin will be around in 50 years? Why should it, given the incredible pace of change in computing and crypto technology? And if it’s not around in 50 years, can it have value today without remarkable utility? Proof of work has high energy consumption — proof of stake consumes 99% less energy and centralized ledgers even less. The negative climate effects are experienced by everyone, but perhaps they should be charged to Bitcoin holders, most of whom don’t seem to care so long as prices go up. Ironically, many of them only access Bitcoin through centralized intermediaries, as is the case with the official wallet offered by the government of El Salvador [source]

The “HODL” vision of many Bitcoin owners, predicated on ever-higher prices despite so many question marks and no way to derive a fair value, is a poor basis for a trillion-dollar asset. Unlike the technical resilience of the network, it’s inelegant. It leads to endless promotion by large holders who understate the risks, putting other investors at risk. Having a fundamental value anchor for any asset class isn’t just a side issue, it’s a necessary condition for trust.

The worlds of crypto and finance were always going to merge, so we might as well open our minds and learn from each other.

Tyler Durden
Tue, 04/02/2024 – 12:40

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Group Of Foreign Aid Workers Killed By Israeli Strike On Convoy, Netanyahu Expresses Regret

Group Of Foreign Aid Workers Killed By Israeli Strike On Convoy, Netanyahu Expresses Regret

A Monday an Israeli airstrike on the central Gaza town of of Deir al-Balah killed seven international aid workers with World Central Kitchen, resulting in the well-known charity announcing Tuesday that it must suspend operations to deliver food aid to Gaza.

Footage confirming their deaths is driving international outrage and again ramping up the pressure on Israel. The Associated Press writes Tuesday, “Footage showed the bodies, several wearing protective gear with the charity’s logo, at a hospital in the central Gaza town of Deir al-Balah.” The report details, “Those killed include three British nationals, an Australian, a Polish national, an American-Canadian dual citizen and a Palestinian, according to hospital records.”

Australian national Lalzawmi “Zomi” Frankcom (left) was among those confirmed killed – World Central Kitchen/X

The well-known charity was founded founded in 2010 by Spanish American chef and restaurateur José Andrés, and has been among many world charities and NGOs embedded in Gaza amid the ongoing humanitarian catastrophe.

World Central Kitchen CEO Erin Gore has said in a fresh statement: “This is not only an attack against WCK, this is an attack on humanitarian organizations showing up in the most dire of situations where food is being used as a weapon of war.”

“This is unforgivable,” Gore added. The statement underscored that the team “was traveling in a deconflicted zone in two armored cars branded with the WCK logo and a soft skin vehicle.” 

What makes this tragedy look even worse for Israel is that it was a targeted drone strike on a convoy operated by the international charity. Israel’s Haaretz reports that the attack was ostensibly targeting a Hamas member who wasn’t there. It was “launched because of suspicion that a terrorist was travelling with the convoy.” What’s more is that the report indicates the convoy was bombed three times.

Israeli Prime Minister Benjamin Netanyahu expressed regret in a Tuesday statement, and amid growing pressure from the press and Western governments, acknowledging his military had conducted the “unintended strike” on “innocent people in the Gaza Strip.”

“Unfortunately, in the past day, there was a tragic incident of an unintentional hit by our forces on innocent people in the Gaza Strip. It happens during war. We are in touch with governments, and we’ll do everything so this doesn’t happen again,” his full statement said, though without mentioning World Central Kitchen by name.

World Central Kitchen vehicle that was hit in an Israeli strike on Monday in Deir al-Balah, central Gaza. EPA-EFE/Shutterstock

Cyprus has said that as a result of the incident and the charity’s forced shuttering of operations, recently arrived ships have turned back while loaded with some 240 tons of undelivered aid.

Meanwhile, the US State Department has said that famine is likely already present in parts of Gaza. A State Dept. official told Reuters. “While we can say with confidence that famine is a significant risk in the south and center but not present, in the north, it is both a risk and quite possibly is present in at least some areas.”

The US Army’s project to build a large pier off Gaza’s coast to facilitate maritime aid deliveries is still likely at least two months out as US Navy ships carrying the building equipment and engineering personnel are still traversing the Atlantic while en route to the eastern Mediterranean.

Tyler Durden
Tue, 04/02/2024 – 12:20

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State Of Emergency Declared In Niagara Falls Over Total Solar Eclipse

State Of Emergency Declared In Niagara Falls Over Total Solar Eclipse

Authored by Jack Phillips via The Epoch Times,

A state of emergency has been declared near Niagara Falls to prepare for this month’s total solar eclipse amid expectations that hundreds of thousands of tourists will visit the area.

The Ontario, Canada, region of Niagara Falls declared the emergency ahead of the April 8 eclipse, which will be the first to touch the province since 1979. National Geographic has said that Niagara Falls is one of the best places to see it.

The Ontario city has the same name as Niagara Falls, New York, which is on the other side of Canada’s border with the United States.

The city is in the path of totality, which will receive no solar rays for a few minutes on April 8 as the moon blocks the sun. Niagara Falls Mayor Jim Diodati said in March that he expects the most visitors his city has ever seen in a single day.

Mr. Diodati told media outlets that up to 1 million people may travel to the city to see the eclipse. “Clear weather is the cherry on top,” he added. “I’m just keeping fingers crossed and hoping.”

The regional municipality of Niagara is proactively invoking a state of emergency to prepare for the event.

The declaration announced last week sets in motion some additional planning tools to prepare for the day, which could involve major traffic jams, heavier demands on emergency services, and cellphone network overloads.

In New York, Gov. Kathy Hochul warned travelers in the state to expect high amounts of traffic as a number of eclipse-viewing events will be held. She said that lane closures and construction will be halted ahead of the astronomical event.

“New York is ready to welcome millions of visitors, and my administration has been working hard to ensure everyone in the path of the eclipse can safely enjoy this rare event,” Ms. Hochul said last week.

“I encourage anyone traveling for this experience to plan on arriving early to their destination and staying late to enjoy all of what our state has to offer.”

New York’s director of state operations, Kathryn Garcia, said in the statement, “We love that so many people are planning to come here to experience the eclipse, but we also don’t want everyone to spend most of their trip stuck in traffic.”

On March 27, the Federal Aviation Administration (FAA) stated that travel delays may occur ahead of and during the eclipse.

“While most travelers are heading to their favorite vacation destinations, a significant number of travelers are heading to various states to witness ‘The Great North American Eclipse’ on Monday, April 8,” the FAA said.

It added that “there may be a higher traffic volume than normal anticipated at airports along the path of the eclipse” and added that travelers “should anticipate delays during peak traffic periods.”

“Parking may be limited—particularly at the smaller, uncontrolled airports,” it warned.

The eclipse will reach Mexico’s Pacific coast in the morning, cut diagonally across the United States from Texas to Maine, and exit in eastern Canada by late afternoon. Most of the rest of the continent will see a partial eclipse.

“The further south you are, the better the long-term weather prospects are probably going to be,” Fred Espenak, a former astrophysicist from NASA, told ABC News on March 31. “But we really can’t tell on eclipse day because I’ve seen satellite maps over the past 20 years of data taken during April 8. And every place along the eclipse path is clear on some days and cloudy on others. More frequently, it’s clear in the southern states versus the northern.”

The last total solar eclipse that was visible in the United States occurred in 2017.

Tyler Durden
Tue, 04/02/2024 – 12:00

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