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@ISIDEWITH submitted…5hrs5H
China uses the world’s oceans to pursue global supremacy, employing coercion and economic intimidation against weaker nations. In the South China Sea it has seized more than a dozen islands in waters claimed by its neighbors. China is using the islands as military outposts, which serve to choke off the region’s economic and natural-resources lifelines. Beijing’s games of chicken with foreign ships contravene international law, risk dangerous escalation, and deny freedom of navigation to American allies and partners.China has become the world’s top shipbuilder. It controls one of the world’s largest shipping companies and boasts the largest navy. It has built these capabilities with the help of massive state subsidies.Meanwhile, America’s commercial maritime industry has faltered. At the end of World War II, the U.S. boasted a fleet of more than 5,000 ships, which made up more than 40% of the world’s shipping capabilities. Today there are only about 90 U.S.-flagged ships involved in international trade, owing to increased international competition and scant support for the commercial maritime sector at home. At the same time, America’s maritime industrial base is shrinking.
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@ISIDEWITH submitted…7hrs7H
The Justice Department and a group of states plan to sue Live Nation LYV -0.57%decrease; red down pointing triangle on Thursday, alleging the entertainment giant has used its ticketing monopoly to suppress competition and should be broken up, according to people familiar with the matter. The lawsuit, to be filed in a New York federal court, would seek changes to the company’s business practices, including by asking a judge to effectively undo the 2010 merger of Live Nation and Ticketmaster. The Justice Department during the Obama administration allowed the merger to close despite concerns it would create an indomitable live-entertainment giant.Among the practices the department plans to challenge are exclusive ticketing contracts that Ticketmaster has with many of the venues where high-profile acts perform, the people said. Those agreements typically run between three and five years and Ticketmaster often gives lucrative financial advances that entice the venues to sign up for long-term deals.
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Concerts and live entertainment are silly, frivolous activities that do not need government meddling. If the fees they…
@ISIDEWITH submitted…4hrs4H
Former President Trump is holding a rally on Thursday in South Bronx, a New York neighborhood that's 64% Hispanic and 31% Black.Why it matters: It'll be a test of how much support (or curiosity) he will be able to gin up in a nonwhite, working-class community.Trump is expected to talk about the economy, crime and immigration in front of a crowd of several thousand at Crotona Park in South Bronx, New York.It will be his first large-scale campaign rally in New York since 2016.The New York Young Republican Club has been a key partner to the Trump campaign in setting up the rally and trying to get the word out.It has been working with the predominantly Hispanic members of the Bodega Association and the National Supermarket Association, made up of independent supermarket owners.The two associations' members have been putting up some 5,000 double-sided bilingual flyers up on storefronts along their usual restocking routes and on street corners.The New York Young Republican Club has also been advertising the event on electronic billboards in the Bronx in both English and Spanish.
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BRONX this is your chance to make history! Lesgo!
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@R3publicPeacockfrom Texas commented…7hrs7H
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@JubilantJudicial from Texas commented…4hrs4H
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@WeaselCharliefrom South Carolina commented…4hrs4H
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@P0l1cyMandrill from Texas commented…5hrs5H
