Chriss W. Street

Chriss W. Street - Page 28

Articles by Chriss W. Street

Potential Housing Crisis Dead Ahead

Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.

Federal Reserve Board Chairwoman, Janet Yellen looks over her papers during a House Financ

FBI Colludes with China vs. Apple, Threatens ‘Source Code’

As Apple raged in court that the Founding Fathers “would be appalled” at the FBI’s demand for a backdoor into the iPhone, it was leaked that FBI Director James Comey was meeting with China’s head of state surveillance about source code access.

US magistrate Judge Sheri Pym ordered Apple on Tuesday to provide "reasonable technical as

Google’s Open-Source AGI is Disruptive

The DeepMind Challenge victory demonstrates that Google’s open-source “artificial general intelligence” has just launched a new era of disruptive technology.

Lee Se-Dol, one of the greatest modern players of the ancient board game Go, makes a move

Hyperloop Promises L.A.-to-S.F. Commute for $30

With the audacious, crowdsourced “Hyperloop” meeting all its technical design milestones, the company’s CEO just promised the L.A.-to-San Francisco commute time will be 36 minutes–and only cost $30.

Dick Ahlborn and Hyperloop (Jack Plunkett / Associated Press)

Hotel del Coronado Sold to Chinese in $6.5B Package

After just becoming the largest owner of real estate in the world, the Blackstone Group has agreed to sell its 16 luxury properties, including the iconic Hotel de Coronado to Chinese-based Anbang Insurance Group.

Hotel del Coronado (Susan Walsh / Associated Press)

Some Farmers Oppose Referendum on High-Speed Rail

Although polls reveal that most Californians now want to repurpose “high-speed rail” funding for drought relief, some farmers in the area are concerned that the initiative could actually make their lives worse.

The Associated Press

California Top Export Is the Middle Class

When the Hoover Institution took a close look at California’s migration patterns, they discovered that California’s middle class is leaving the state in record numbers.

AP Photo/Jeff Chiu

LA County Goes All-In for El Niño Cloud Seeding

With this year’s strong El Niño tending to skirt California and drenching the Pacific Northwest, Los Angeles County just went all-in to revive a controversial cloud seeding program to squeeze out every last drop of precipitation from late season rain showers.

El-Nino-Could-Impact-Santa-Barbara-County-Cloud-Seeding

High-Speed Rail Clears Legal Hurdle — For Now

The California High-Speed Rail Authority cleared a legal challenge last week when a Sacramento judge ruled the authority does not have to validate required travel time between LA and San Francisco during the planning stages.

High-speed rail (Rich Pedroncelli / Associated Press)

Tesla’s Sexy Model 3 Rolls on March 31

Tesla Motors will host a gala introduction of its sexy and mass-market affordable $35,000 Model 3 at its Hawthorne Design Center on the evening of March 31.

Tesla lady (Kevork Djansezian / Getty)

Top Liberal Megadonor Tom Steyer Upping Funding

Top liberal mega-donor and California climate change warrior Tom Steyer has kicked up the pace of his political contributions from $9.3 million by the end of January in the 2014 cycle to $13 million in this year’s political contests.

de Leon and Steyer (Charley Gallay / Getty)

San Bernardino DA Says Terrorist’s iPhone May Have ‘Pathogen’

The San Bernardino District Attorney told a federal judge on Feb. 27 that Apple must assist law enforcement by unlocking the terrorist killer Syed Farook’s iPhone 5C because it may have been the trigger to unleash a “cyber pathogen,” county

Justin Sullivan/Getty Images

China Devalues Yuan as Stocks Crash

With China devaluing its currency, stocks crashing 3 percent and capital flight accelerating, China has cut bank its bank reserve requirements to free up $100 billion in credit.

Chinese yuan (Teh Eng Koon / AFP / Getty)

Cheap Gas Prices are Trickle-Down Tax Cut of $1500

Liberals should find a new respect for tax cuts, because cheaper gasoline prices are acting like a $1,500 “trickle-down” tax cut for every American household, goosing revenue at local restaurants, groceries, charities and retail stories.

Kevork Djansezian/Getty Images

Obama to Trash Reagan’s Restrictions on Domestic Spying

With the pubic distracted by the FBI battling Apple for an iPhone backdoor, President Obama is secretly working to trash President Ronald Reagan’s restrictions on the number of federal agencies that can spy on Americans and others.

AFP PHOTO/Jewel Samad

Samsung S7: Seriously Eroding iPhone Prices

Although the new Samsung Galaxy S7 outdistances the iPhone 6S family on virtually every performance metric, the real threat is the S7 undermining iPhone sales pricing. The new Samsung (SSNLF:NASDAQ) S7 beats Apple Inc. (AAPL:NASDAQ) iPhone 6S in screen pixels,

3dfuture_net_samsung_galaxy_s7edge_001 (1)

Highest Arrest Rate in California? ‘Hippie’ Humboldt County

The county with the highest arrest rate in California is not Los Angeles, San Diego or the Bay Area counties, where Black Lives Matter protests have shut down cities. Rather, it is “hippie” Humboldt County, which had the highest arrest rates for felonies, misdemeanors, and status offenses for the 58 counties in California from 2005 through 2014.

Hippies

Welcome to the Risk of an Inflation Shock

The news is full of stories about deflation and negative interest rates, but take away the $80 a barrel decline in oil prices since March 2014, and the inflation trend appears to have popped up to more than 2 percent.

The Associated Press

China Goes ‘Full Mao,’ Bans Foreign Online Publishing

China’s communist government has issued a directive stating that all “Sino-foreign joint ventures, Sino-foreign cooperative ventures and foreign business units shall not engage in online publishing services.”

Mao (Greg Baker / AFP / Getty)

Apple iPhone Dive: First Decline in History

Despite record worldwide shipments of 403.1 million smartphones in the last quarter of 2015, Apple’s iPhone suffered its first year-end sales decline in history, according to the world’s leading tech advisory firm.

Broken iPhone (Andrew Mager / Flickr / CC)

Fed’s Kashkari Wants to Double-Down on Dodd-Frank

Former Republican candidate for California governor and current Federal Reserve Bank of Minnesota President Neel Kashkari gave a speech Feb. 16 advocating doubling-down on Obama’s disastrous Dodd–Frank law, which has made irresponsible “too big to fail” banks much bigger by crushing well-managed community banks.

The Associated Press

Solar is Becoming Real Estate’s White Elephant

Real estate brokers are warning that home sales are struggling to close when homeowners carry $20,000 or more in lease obligations owed for solar panels that are now “white elephants.”

The Associated Press

San Diego’s Pension Battle Hits the Courts

Following an effort by Governor Jerry Brown’s union-stacked Public Employment Relations Board (PERB) to nullify its 66 percent voter-approved public pension restructure, the San Diego City Council voted unanimously to appeal the PERB’s ruling to the courts. Facing impending municipal bankruptcy

San Diego (Kyle Monahan / Wikimedia Commons)