Avert your eyes! My Sunday morning take a look at incompetency, corruption and coverage failures:

• Farewell Transmission: Texas’ plan to repair its energy grid is a catastrophe: Ever since brutal winter storms blacked out a lot of Texas and killed a whole bunch of residents in February 2021, the state’s authorities has… (Slate)

• How Washington allowed financial institution CEOs to pocket large bonuses amid failure: Govt pay guidelines are getting new scrutiny after Silicon Valley Financial institution’s collapse — however nonetheless they could not change. (Washington Put up)

• Mattress Bathtub & the good Past: How the house items large went bankrupt: As soon as an unstoppable retailer — deemed a “class killer” for its conquer many rivals — Mattress Bathtub & Past has now filed for chapter. It plans to start closing its 360 Mattress Bathtub & Past shops and 120 BuyBuy Child shops. A imaginative and prescient of this chain’s survival is bleak. (NPR)

• How Shady Firms Guess Your Faith, Sexual Orientation, and Psychological Well being And promote that knowledge to the best bidder. Thousands and thousands of Individuals have been utilizing telehealth firm and prescription drug supplier GoodRx—but most likely didn’t know that it was sharing their prescription drugs and well being situations with Fb, Google, and different third events. The grownup and youngster customers of a preferred “household security” app doubtless didn’t notice that the corporate was quietly promoting their location knowledge. (Slate)

• The Ineluctable Logic of Gun Possession: Shouldn’t it’s at the very least as tough to get a gun license as a driver’s license—or higher nonetheless, as tough as it’s to get a personal pilot’s license? (The Atlantic) see additionally Gun Violence Is Truly Worse in Pink States. It’s Not Even Shut. America’s areas are poles aside in terms of gun deaths and the cultural and ideological forces that drive them. (Politico)

• Anatomy of an ‘American Transit Catastrophe’  In his new ebook, historian Nicholas Dagen Bloom chronicles the collapse of public transportation in US cities — and explains who actually deserves the blame. (CityLab)

• Sacklers Gave Thousands and thousands to Establishment That Advises on Opioid Coverage: Even because the nation’s drug disaster mounted, the Nationwide Academies of Sciences, Engineering and Drugs continued to simply accept funds from some members of the Sackler household, together with these concerned with Purdue Pharma. (New York Instances)

• In a thriving Michigan county, a group goes to struggle with itself: Ottawa County affords a glimpse of what occurs when one of many constructing blocks of American democracy is consumed by ideological battles. (Washington Put up)

• The true motive for the Supreme Courtroom’s corruption disaster: Who watches the thinker kings with lifetime appointments? (Vox)

• When GOP Attorneys Common Embraced Jan. 6, Company Funders Fled. Now They’re Again. Even because the Republican Attorneys Common Affiliation has leaned additional into selling Trumpism and sowing doubt about U.S. elections, main sponsors together with Amazon, Walmart and Dwelling Depot have resumed their contributions to the group. (ProPublica) see additionally Republicans ‘glorify political violence’ by embracing excessive gun tradition: Kyle Rittenhouse, who shot and killed two individuals at an anti-racism protest, was visitor of honor at Idaho Republican celebration fundraiser. (The Guardian)

Be sure you take a look at our Masters in Enterprise subsequent week with Ben Clymer, founder & chairman of Hodinkee, and Jeffery Fowler the agency’s CEO. Fowler and Clymer (dubbed the “Excessive Priest of Horology“) focus on all issues wristwatches and timepieces, together with their experiences on the 2023 Watches & Wonders, why {the marketplace} has exploded over the previous few years, and what are their favourite grail watches.

Untucked

Supply: Chartr

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