Sunday, August 23, 2020

Pac-12 and Big 10 cancel fall football; and will delay it to Spring 2021 due to covid-19 scare

Almost two weeks ago, the Pac-12 and Big 10 conferences canceled their college football seasons for 2020. Let's fast forward to Spring 2021, and these two conferences might play football. Actually, both major conferences cancelled all of their Fall sports. It sounds like a major bummer for me, since college football and basketball are two of my favorite sports to watch on Saturday and Sunday. The conferences are doing this process, as they want the sports programs to be safe for everyone to play. Yet, the ACC and SEC decided that it is going to continue their Fall tradition of sports starting in two to three weeks. Furthermore, the University of Notre Dame will play college football in the ACC for this year. This news is a major surprise, as the renowned college football team plays as an Independent standing team (or in Independents conference) consistently. In campus related news, Notre Dame has shut down its university for the upcoming two to three weeks as some students were testing positive for covid-19. The students were sent home for about two weeks, but the campus may reopen in September. If fall sports at Notre Dame were canceled as covid-19 cases go up, the university would lose a lot of money. Next, UNC-Chapel Hill had a plan for in-person classes for Fall 2020. One hundred and thirty people tested positive for coronavirus, and the tar heels are sending students back home. The fall semester will be online at this time. There have been an influx of parties at Notre Dame; UNC-Chapel Hill; Purdue; and Pennsylvania State (aka Penn State) which result in a lack of social distancing for college students. The USA is going through a steady number of coronavirus cases on a daily basis. In addition, many healthcare professionals and scientists do not want to see a twindemic; of influenza and coronavirus for September 2020 through December 31, 2020. With Covid-19 cases reaching close to 5.9 million in the US, the virus may not be contained until second or third quarter of 2021. Globally, there needs to be a vaccine in place for people just like there is a flu shot. Brazil; India; Russia; and South Africa are the other four nations that have very high cases of coronavirus. These days, the NBA and MLB have players that wear masks to their stadiums and arenas. Many of the bench players and managers;coaches; etc. are wearing masks and social distancing is a major requirement. In this penultimate paragraph, fans are not allowed at NBA; MLB; and NHL games. If there is a vaccine and the coronavirus is contained in the next 6 to 12 months, fans might come back to sporting events. At this time, cardboard cutouts of fans are common in MLB and digitals fans are making their cameos at NBA games. So far, the MLB and NBA have started to get back on TV. The NBA has started their exciting playoffs, and the NHL is back on the ice in Canada. In closing, the NHL and NBA are playing in a bubble. Orlando and other nearby cities in the Magic Kingdom area are home to NBA games. The NHL is having their games in Edmonton and Toronto, Canada. See the image above the Nationals stadium, as there are no fans. Will these major sports bring back fans in 2021? Let's hope for the best.

Friday, August 7, 2020

Zuckerberg becomes centibillionaire. What is a centibillionaire?

Today, Mark Zuckerberg's net worth passed $100 billion. Since his market cap is above $100 billion, Mark is a centibillionaire. Personally, this term is a new one for me. A centibillionaire is a person that has a net worth of $100 billion or more. Jeff Bezos is considered to be the world's wealthiest man. He is in the centibillionaire club. In addition, today's blog post centers on Income and new terminology. While centibillionaire is part of the new terminology, some people may wonder what is the regular wage for middle class America. Middle Class America has a salary range of $45,000 to $136,000. This range is for a family of 4 people that includes two parents, and 2 kids. The real question is can you survive off of the salary of $65,000 to $70,000, or another higher income. This question fits into the problem of income inequality, in this country. Next, Kirsten Gillibrand and Bernie Sanders have introduced the Make Billionaires Pay Act. Ed Markey is a Democratic senator from Massachusetts, and he worked with Gillibrand and Sanders on this $731 billion tax plan. This plan is a 60% tax on the windfall wealth increases of billionaires during this pandemic. It is done to pay for all out-of-pocket medical expenses, for every person in America for a year. In 2019, Alexandria Ocasio Cortez and Sanders worked on another bill regarding the taxation of the wealthy .001% in the USA. Furthermore, the Forbes 400 list started in 1982. This list is published annually by Forbes magazine, and it compiles a good number of people that have the most wealth in the US. Some of these affluent individuals are doing more to accumulate wealth, like Bezos who has owned the Washington Post also. The list depicts the shift in finances, philanthropy, and leadership positions. Bill Gates may not be CEO of Microsoft, but he is big into philanthropy thanks to the Bill and Melinda Gates Foundation. In this penultimate paragraph, let's discuss the Forbes 400 wealthiest americans list. Jeff Bezos and Bill Gates were #1 and #2 respectively in the 2019 list. Bezos ex-wife, Mackenzie; joined the list with $36 billion. That number is #15 on the list. The gap between Bezos and Gates is $8 billion. Warren Buffett, Mark Zuckerberg, and Larry Ellison rounded out the top 5 list of wealthiest americans. In closing, the reader might be fascinated by the different names of wealth in this blog post. See the picture of Bill Gates and Jeff Bezos, at the top of this post. Most of the billionaires have an entreprenurial mindset, creativity, and a relentless work ethic. One great idea can make a billionaire amass their wealth, but it may take some failures before their big success takes off. These characteristics set billionaires apart from the common folk.