Famous investor and “Shark Tank” star Barbara Corcoran has criticized Mark Cuban’s “use it or lose it” approach to the second round of stimulus checks for Americans. She also shares her thinking on what’s more important than one-time direct payments.
Barbara Corcoran, the American investor famed for building a real estate empire with just a $1,000 loan, has spoken about stimulus checks to help Americans through the coronavirus-led economic crisis. She is also a star of the ABC television show “Shark Tank,” a multi-Emmy Award-winning entrepreneurial-themed reality show.
Recently, her Shark Tank co-star Mark Cuban said a second stimulus package should give all U.S. households a $1,000 stimulus check every two weeks for the next two months. However, there is a catch — recipients must use that money within 10 days. Cuban believes that this requirement will promote spending and help keep businesses open.
Many people, including Corcoran, disagree with Cuban’s stimulus check suggestion. Commenting on her co-star’s idea of giving people a stimulus check with an expiry date, she told CNBC Make It last week:
Unlike Mark, I don’t think a ‘use it or lose it’ approach is the way to go because it promotes unwise, quick spending. People should spend money on essentials first like food, rent and monthly credit card bills vs new TVs.
Corcoran emphasized that she supports a second round of stimulus checks. “I do think another stimulus package is useful to shore up folks hardest hit, especially those who have lost their jobs,” she said. However, the real estate guru believes that it is even more important for Congress to extend unemployment benefits. She explained that stimulus checks are “not nearly as important as extending unemployment benefits that give a boost to those who need it most.”
According to CNBC, experts agree with Corcoran that boosting unemployment benefits will help mitigate financial hardship long-term and would help the economy recover more effectively than one-time checks.
Last week, the House passed the $2.2 trillion revised Heroes Act which House Speaker Nancy Pelosi introduced on Monday. It includes another round of $1,200 direct payments to U.S. households. Pelosi and Treasury Secretary Steven Mnuchin have been trying to come up with a compromise on the stimulus bill. On Friday, President Donald Trump said he tested positive for coronavirus and urged Congress on Saturday to pass a much-needed stimulus package to help Americans. So far, Democrats and Republicans have not been able to come to an agreement on a relief aid package, and time is running out to get one passed before the November presidential election.
What kind of stimulus payments do you think is best? Let us know in the comments section below.
Barbara Corcoran, direct payments, heroes act, Mark Cuban, Nancy Pelosi, president donald trump, Steven Mnuchin, stimulus bill, Stimulus Checks, Stimulus Package, unemployment benefits
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Author: News Bureau
Crypto for Congress: Bitcoin Sent to All Congress Members’ Campaigns
The Crypto for Congress initiative has launched. All Congress members will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer.
The “Crypto for Congress” initiative has launched, Chamber of Digital Commerce announced Monday. “Today, all members of the United States Congress will receive a campaign contribution in bitcoin” as part of this initiative, the announcement details. There are 535 members of Congress: 100 serve in the U.S. Senate and 435 in the House of Representatives.
The Chamber of Digital Commerce Political Action Committee will provide $50 bitcoin contribution. The organization also provides online public educational training, a toolkit, and various resources to Congress members across all parties “to help them engage directly in the cryptocurrency ecosystem,” the announcement explains. According to information on the initiative’s website:
Crypto for Congress is an educational initiative aimed at expanding the use and adoption of digital assets among Congressional candidates, elected leaders, and engaged citizens.
“Now is the moment for all members of Congress to learn about and embrace cryptocurrencies and blockchain technology, and the best way to do that is to set up a digital wallet and get started on the blockchain journey,” said Perianne Boring, the organization’s founder and president. “Many other nations like China, Japan, Singapore and Switzerland have rapidly embraced blockchain technology and created robust national plans to be global leaders in this area. The United States is falling behind in technological innovation and this is not a risk we should be willing to take.”
The Crypto for Congress initiative is supported by members of the Congressional Blockchain Caucus, including pro-cryptocurrency Representatives Darren Soto and Tom Emmer. Sponsors of the newly launched initiative include Anchorage, Bitpay, Blockfi, CMT Digital, Circle, Civic, Etoro, Flipside Crypto, Medici Ventures, Messari, and Paxos.
“Crypto for Congress brings an opportunity for our entire Congressional community to join this generational shift in finance and technology,” Rep. Tom Emmer commented. “By embracing the digital asset movement, we have an opportunity to take a significant step forward to ensure America’s leadership position in the future of the global economy.”
What do you think about the Crypto for Congress initiative? Let us know in the comments section below.
The post Crypto for Congress: Bitcoin Sent to All Congress Members’ Campaigns appeared first on Bitcoin News.
Author: By TeamMMG
Royal Corps of Signals – Wikipedia
Cap Badge of the Royal Corps of Signals
Royal Armoured Corps and Household Cavalry
Scottish, Welsh and Irish Division
Royal Gurkha Rifles
Special Air Service
Army Air Corps
Special Reconnaissance Regiment
Royal Corps of Signals
Royal Army Chaplains’ Department
Royal Logistic Corps
Army Medical Services
Royal Army Medical Corps
Royal Army Dental Corps
Royal Army Veterinary Corps
Queen Alexandra’s Royal Army Nursing Corps
Royal Electrical and Mechanical Engineers
Adjutant General’s Corps
Educational and Training Services Branch
Army Legal Services Branch
Provost Branch (Royal Military Police
Military Provost Staff
Military Provost Guard Service)
Small Arms School Corps
Royal Army Physical Training Corps
General Service Corps
Corps of Army Music
Communication Systems Operator: trained in military radio and trunk communications systems
Communication Systems Engineer: trained in data communications and computer networks
Royal Signals Electrician: trained in maintaining and repairing generators and providing electrical power
Communication Logistic Specialist: trained in driving and accounting for communications equipment
Installation Technician: trained in installing and repairing fibreoptics and telephone systems
Electronic Warfare Systems Operator: trained in intercepting and jamming enemy communications
Yeoman of Signals – trained in the planning and deployment and management of military tactical/strategic communications networks;
Yeoman of Signals (Electronic Warfare) – trained in the planning, deployment and management of military tactical/strategic electronic warfare assets;
Foreman of Signals – trained in the installation, maintenance, repair and interoperability of military tactical/strategic communications assets;
Foreman of Signals (Information Systems) – trained in the installation, maintenance, repair and interoperability of military tactical/strategic Information Systems;
Regimental Duty – trained in the daily routine and running of a unit.
Satellite ground terminals
Terrestrial trunk radio systems
Combat net radio systems
Specialist military applications (computer programs)
1st Signal Brigade: The Brigade Headquarters is co-located with HQ ARRC at Gloucester and the ARRC Support Battalion. The Brigade is made up of four specialist units, each trained to carry out a unique and challenging role in support of the overall brigade mission and is prepared to deploy at short notice anywhere in the world. The Brigade consists of ARRC Sp Bn, 16 Sig Regt, 22 Sig Regt, 30 Sig Regt, 32 Sig Regt, 39 Sig Regt and 299 (SC) Sig Sqn.
11th Signal Brigade: The Brigade Headquarters is located in MoD Donnington, near Telford. The Brigade is divided into one Signal Group: 7 Signal Group comprises 1 Sig Regt, 2 Sig Regt, 3 (UK) Div Sig Regt, 21 Sig Regt, 15 Sig Regt (IS), 37 Sig Regt, 38 Sig Regt, 71 Y Sig Regt. 2 Signal Group comprises 10 . 2 Signal Group however disbanded on 31 July 2018 as part of Army 2020 Refine. 11th Signal Brigade has moved from 6th Division to 3rd Division as of August 2020.
200 Signal Squadron
246 Gurkha Signal Squadron
214 Signal Squadron
219 Signal Squadron
249 Gurkha Signal Squadron
202 Signal Squadron
206 Signal Squadron
228 Signal Squadron
249 Signal Squadron
225 Signal Squadron (ECM (FP)) at Lisburn
241 Signal Squadron (IT Support) at Bicester
243 Signal Squadron (ICS and IA Support) at Andover
251 Signal Squadron (COu ICS Suport) at Aldershot
81 Signal Squadron (V) Corsham
224 Signal Squadron
233 Signal Squadron
259 Signal Squadron
223 Signal Squadron (Electronic Warfare)
226 Signal Squadron (Electronic Warfare) – supporting HQ 16 AA Brigade
237 Signal Squadron (Electronic Warfare)
245 Signal Squadron (Electronic Warfare)
JESC Troop at RAF Digby
262 (LS Support) Squadron at Bicester
207 (Jerboa) Signal Squadron
230 (Malaya) Signal Squadron
247 (Queen’s Gurkha Signals) Squadron
255 (Bahrain) Signal Squadron
Special Boat Service Signal Squadron
264 (Special Air Service) Signal Squadron
267 (Special Reconnaissance Regiment) Signal Squadron
268 (United Kingdom Special Forces) Signal Squadron
63 (United Kingdom Special Forces) Signal Squadron (Reserve)
215 Signal Squadron
220 Signal Squadron
217 Signal Squadron
222 Signal Squadron
248 (Gurkha) Signal Squadron
252 (Hong Kong) Signal Squadron (based at Imjin Barracks, Innsworth alongside HQ Allied Rapid Reaction Corps
244 Signal Squadron (Air Support)
250 Signal Squadron
256 Signal Squadron
258 Signal Squadron (early entry squadron)
1st Signal Brigade Headquarters and 299 Signal Squadron (Special Communications), Bletchley
16 Air Assault Brigade Headquarters and 216 (Parachute) Signal Squadron, Colchester
280 Signal Squadron, Blandford Camp, part of 1st NATO Signal Battalion (formerly 628 Signal Troop)
HQ 38 (Irish) Brigade Headquarters and Signal Troop, Northern Ireland
600 Signal Troop – (Attached to 15 Signal Regiment (Information Support))
643 Signal Troop (COMSEC) – (Attached to 10th Signal Regiment)
660 Signal Troop (Attached to 11 EOD&S Regt RLC for support in ECM and communications)
234 Signal Squadron
840 Signal Squadron RAF
Cyprus Communications Unit (British Forces Cyprus)
Band of the Royal Corps of Signals (Corps Band)
Royal Corps of Signals Pipes and Drums (P&D)
Kohima Troop [Imphal Barracks]
2 (City of Dundee and Highland) Signal Squadron [Dundee/Aberdeen]
51 (Highland) Signal Squadron [Edinburgh/East Kilbride]
52 (Lowland) Support Squadron [Glasgow]
40 (North Irish Horse) Signal Squadron [Belfast/Derry]
33 (Lancashire) Signal Squadron [Liverpool and Manchester]
50 (Northern) Signal Squadron [Darlington/Leeds]
54 (Queen’s Own Warwickshire and Worcestershire Yeomanry) Support Squadron [Redditch]
64 (Sheffield) Signal Squadron [Sheffield/Nottingham]
43 (Wessex and City and County of Bristol) Signal Squadron [Bath/Bristol]
53 (Wales and Western) Signal Squadron]] [Cardiff/Gloucester]
93 (North Somerset Dragoons (Yeomanry)) Support Squadron [Bristol]
94 (Berkshire Yeomanry) Signal Squadron [Windsor]
31 (Middlesex Yeomanry and Princess Louise’s Kensingtons) Signal Squadron [Uxbridge/Coulsdon]
70 (Essex Yeomanry) Signal Squadron [Colchester/Chelmsford]
68 (Inns of Court & City Yeomanry) Signal Squadron [Lincoln’s Inn/Whipps Cross]
265 (Kent and County of London Sharpshooters Yeomanry) Support Squadron [Bexleyheath]
254 (SGIS) Signal Squadron formerly LICSG at Blandford
Central Volunteer Headquarters Royal Signals (CVHQ Royal Signals) [Corsham]
63 (UKSF) Signal Squadron (Reserve) [Thorney Island] (part of 18th (United Kingdom Special Forces) Signal Regiment)
Royal Signals (Northern) Band [Darlington] – attached to 32 Signal Regiment
- Stafford Signal Troop [Stafford]
CIS Corps (Ireland)
Bermuda Volunteer Engineers
97 Signal Squadron (Volunteers)
Lord, Cliff; Watson, Graham (2003). The Royal Corps of Signals: Unit Histories of the Corps (1920-2001) and Its Antecedents. West Midlands: Helion & Company Limited. ISBN 9781874622925.
Warner, Philip (1989). THE VITAL LINK : The Story of Royal Signals 1945-1985. London: Leo Cooper. ISBN 0850528828.
The Royal Corps of Signals official website
Royal Corps of Signals RSTL
Royal Signals Museum
Royal Signals Association
Royal Signals ACF and CCF
Royal Engineers Museum – Origins of Army Signals Services
32 Signal Regiment
- Land Information Assurance Group (LIAG) [Corsham], as part of Joint Force Cyber Group
Moxie Marlinspike – Wikipedia
Marlinspike in 2017
DEF CON 17: “More Tricks for Defeating SSL”
DEF CON 18 and Black Hat 2010: “Changing Threats to Privacy”
DEF CON 19 and Black Hat 2011: “SSL and the Future of Authenticity”
DEF CON 20: “Defeating PPTP VPNs and WPA2 with MS-CHAPv2″
Webstock ’15: “Making private communication simple”
36C3: “The ecosystem is moving”
In 2013 and 2014, the Shuttleworth Foundation provided Marlinspike with a total of $289,487.18 in funding for Open Whisper Systems.
In 2016, Fortune magazine named Marlinspike among its 40 under 40 for being the founder of Open Whisper Systems and “[encrypting] the communications of more than a billion people worldwide”. Wired also named Marlinspike to its “Next List 2016,” as one of “25 Geniuses Who Are Creating the Future of Business.”
In 2017, Moxie Marlinspike along with Trevor Perrin were awarded the Levchin Prize for Real World Cryptography “for the development and wide deployment of the Signal protocol”.
- Signal Foundation (co-founder)
- Signal Messenger (CEO)
- Signal Protocol (co-author)
- Convergence (author)