Daily Digest 7/12 – Good News Friday: BofA Cuts Ties With Private Prisons, Finding The American Dream at the Public Library


This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy!


Bank of America cuts business ties with detention centers, private prisons (sv)

“The private sector is attempting to respond to public policy and government needs and demands in the absence of long standing and widely recognized reforms needed in criminal justice and immigration policies,” Bank of America said in a statement to The Washington Post. “Lacking further legal and policy clarity, and in recognition of the concerns of our employees and stakeholders in the communities we serve, it is our intention to exit these relationships.”

We’re told that too much screen time hurts our kids. Where’s the evidence? (tmn)

But – and this is key – it’s not an exaggeration to say that these effects were minuscule by the standards of science and trivial if you want to inform personal parenting decisions. Our results indicated that 99.6% of the variability in adolescent girls’ satisfaction with life had nothing to do with how much they used social media.

Tenants Won This Round (sv)

Rent regulation is now a permanent feature of New York’s housing law, rather than one that expires periodically and needs to be renewed. In the past the New York tenant movement has generally fought against moves to make the law permanent because it was so flawed, and each renewal would prompt another opportunity to mobilize for their improvement; with rent regulations now significantly expanded, this laws’ indefinite tenure is generally seen as a major achievement for tenants.

Illinois is expunging marijuana convictions from nearly 800,000 criminal records (sv)

The bill also includes a “social equity program,” which makes it easier for those with marijuana convictions to get business licenses. The program also allocates $12 million for startup businesses related to cannabis, as well as funding for job training programs in the state’s cannabis industry, the Marijuana Policy Project says.

I Found My American Dream at the Public Library (jdargis)

Because libraries are free no one is excluded from their services. Children, people with disabilities, the elderly, the poor, the rich, everyone can join. In those early years in America, when I bought my clothes in thrift stores and furnished my apartment with the chairs and carpets my wealthy neighbors discarded, my local library was the only place where I didn’t feel poor, foreign, lesser. As librarian Amanda Oliver pointed out in her Twitter response to the Forbes op-ed, the library is “one of few places in our society where the underserved can be treated with dignity and respect.”

After 6-Year Battle, Florida Couple Wins The Right To Plant Veggies In Front Yard (sv)

“After nearly six years of fighting … I will once again be able to legally plant vegetables in my front yard,” Ricketts said in a statement. “I’m grateful to the Legislature and the governor for standing up to protect my freedom to grow healthy food on my own property.”

Plenty Unveils Its Largest, Most Efficient Farm Yet (newsbuoy)

There are more than 20 companies erecting indoor farms around the country — another Bay Area player is San Mateo’s Crop One, which is building a giant farm in Dubai. Industry leaders say vertical farms can be a solution at a time when labor shortages, drought and climate change threaten outdoor agriculture as well as bring fresh produce to regions that lack arable land. These farms are springing up all over the world, including Japan, the Netherlands and Antarctica.Vertical farm Plenty races against the sun

Vertical farm Plenty races against the sun (newsbuoy)

Silicon Valley vertical farm Plenty unveiled its newest farm which can produce enough leafy greens to supply over 100 stores. Its last farm could only serve three stores and some restaurants. Across the U.S., top vertical farms are making their biggest push ever to scale up.

Gold & Silver

Click to read the PM Daily Market Commentary: 7/11/19

Provided daily by the Peak Prosperity Gold & Silver Group

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