Day: December 15, 2021

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When the Myth of Voter Fraud Comes for You – The Atlantic

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When the Myth of Voter Fraud Comes for You – The Atlantic

If there is an individual in America who epitomizes one central aspect of our political moment, it might well be Crystal Mason. The story of Mason, a Black woman, illuminates the extraordinary efforts the Republican Party has made to demonstrate that fraud is being committed by minority voters on a massive scale. That false notion is now an article of faith among tens of millions of Americans. It has become an excuse to enact laws that make voting harder for everyone, but especially for voters of color, voters who are poor, voters who are old, and voters who were not born in the United States.

The deadliest bridge disaster in US history was caused by a tiny crack just three millimeters deep | by Matt Reimann | Timeline

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The deadliest bridge disaster in US history was caused by a tiny crack just three millimeters deep | by Matt Reimann | Timeline

harlene Wood was driving home at 5 p.m. on December 15, 1967, when she felt Silver Bridge shake. The bridge, built in 1928, spanned the Ohio River between Ohio and West Virginia, and served 4,000 vehicles every day. On this cold Friday, a single eyebar — a 55-foot-long section of steel, two inches thick and 12 inches wide — had suddenly fractured. Then the pin holding it in place fell loose, sending the bridge’s components into catastrophic failure. “It was like someone had lined up dominoes,” Wood recalled. “I could see car lights flashing as they were tumbling into the water. The car in front of me went in. Then there was silence.”

Silver Bridge inherited its name from its metallic aluminum paint, but it was notable as well for its distinct design. The American Bridge Company, which won the bid for the project, settled on the cheaper method of using eyebars instead of cables of steel wire, the sort used in famous suspension bridges like the Brooklyn and Golden Gate.

NPR

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With inflation still hot, the Fed takes a step towards rate hikes : NPR

The Federal Reserve is paving the way for possible interest rate hikes next year, in an effort to contain stubbornly high inflation.

At the conclusion of a two-day policy meeting Wednesday, the central bank announced plans to phase out its large-scale bond-buying program faster than initially planned. The Fed started purchasing bonds during the pandemic as a way to keep borrowing costs across the economy low and to prevent any market disruptions.

Ending the bond purchases earlier would give the Fed more flexibility to raise interest rates sooner, if necessary, to keep prices from spiraling out of control. The central bank said previously it wanted to stop its bond purchases before considering raising interest rates.

The Fed is taking a harder line against inflation after consumer prices in November jumped 6.8% from a year ago — the largest increase in nearly four decades.

In a statement, the Fed acknowledged the rapid runup in prices. Although the central bank still believes inflation is largely driven by factors tied to the pandemic, which should ease when the health outlook improves, policymakers are no longer taking that as a given.