Money
The $787 million check that Fox must cut won’t restore damage to US democracy
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Fox News will pay $787.5 million for transmitting lies that a small voting technology firm helped steal the 2020 election. But it’s impossible to put a price on damaged trust in US democracy.
The last-minute deal Tuesday between the conservative channel and Dominion Voting Systems, halting a blockbuster jury trial, delivered a staggering financial settlement after a process that had already exposed Fox’s willingness to parrot election conspiracy theories that its executives and anchors knew weren’t true.
The agreement delivered restitution to Dominion for the hits to its reputation, and repudiated false claims that its machines were used to simply flip vote totals from ex-President Donald Trump to President Joe Biden. It represented a huge victory for the firm’s lawyers and, in the context of a civil legal suit, the massive payoff validated the decision to bring the case.
“This is really the first time that anyone has paid a price for telling the lies about the 2020 election and we are very proud about that,” Dominion’s lead lawyer, Justin Nelson, told CNN’s Alex Marquardt, arguing that the settlement secured accountability for the firm and solidified a shared vision of national facts vital to the survival of democracy.
There have indeed been few consequences for the Trump lawyers and supporters who spouted falsehoods and nonsense about a fair election in 2020 that the ex-president lost, although some key figures and other right-wing networks face their own pending defamation suits from Dominion. Smartmatic, another voting technology company, is also suing Fox News for defamation in a case that’s pending. And Trump himself is facing several criminal probes related to his efforts to overturn the 2020 election and the run-up to the January 6, 2021, insurrection.
Dominion’s lawyers argued that they performed a valuable civic service by teasing out the truth of how Fox News operates and the way that its leaders feared that fact checking Trump’s claims would cause viewers to defect to other right-wing outlets. Much of this information came out in a flurry of pre-trial legal filings that got huge media coverage.
But outside of the legal and financial context, does Nelson’s statement that this was a moment of public accountability really ring true, especially when Trump is continuing to make election falsehoods a central currency of his 2024 campaign? And is there any chance that Fox’s humiliation can repair some of the damage from the disastrous election aftermath in 2020? Will the settlement do anything to change a conservative media model that monetizes falsehoods?
Fox News is set to pay a heavy financial price in the settlement, and its reputation took massive blows after it emerged that its anchors knew Trump’s claims were spurious. But those prime-time stars will not be required by the terms of the settlement to apologize on air.
Ironically, the viewers whom they didn’t want to alienate by telling them the truth about the election may never know they were misled without the channel’s anchors having to admit it on TV.
This is one reason why it’s unlikely that news of the massive payout will make much of a ripple in the conservative media bubble and among the millions of Trump voters who have embraced his lies about 2020.
Money
They Call Me «Dragon» in the Crypto Community: Dragan Pajić Remarkable Journey
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In the world of cryptocurrencies, Dragan Pajić, known as «Dragon,» has emerged as a prominent figure, earning him a well-deserved reputation in the Balkans and beyond. As the largest crypto influencer in the region, serial entrepreneur, and owner of the renowned 100X Club, Dragan has empowered thousands of individuals through his informative YouTube channel, demonstrating how they can multiply their investments by 100 times in the crypto market.
Through his marketing agency, DigitalPR, which has thrived for the past decade, and his rapidly-growing herbal brand called «Bonaturo,» Dragan has made a significant impact on both the digital marketing landscape and the health industry. Famous singers, actors, and public figures have not only embraced but also endorsed his brand, cementing his position as a trusted name in the market.
Dragan Pajić entrepreneurial ventures go beyond the crypto and marketing realms. He has diversified his investment portfolio, venturing into solar power plants, properties, and unicorn projects. Currently, he is an active investor and co-founder of Daopeople, the first decentralized web 3 social media platform based in Dubai.
Exciting times lie ahead for Dragan as he prepares to launch his long-awaited 100X Crypto Academy for a global audience. This groundbreaking educational platform will equip individuals with the knowledge and skills required to navigate the crypto market successfully.
Dragan Pajić achievements have not gone unnoticed. In 2018, he was recognized as one of the ten most influential young people in Bosnia.
Having accomplished his first million-dollar milestone in his twenties, he now holds the title of the Balkans’ most influential crypto influencer.
Looking toward the future, Dragan aims to empower even more young individuals, providing them with financial freedom and education in the domains of entrepreneurship, business, crypto, and investing. His ultimate goal is to become the first founder of a unicorn company (worth over $1 billion) from the Balkan region.
Connect with Dragan Pajić on his social media channels to stay updated on his latest ventures and insights
Instagram: https://instagram.com/draganpajic1?igshid=MzRlODBiNWFlZA==
Facebook: https://www.facebook.com/draganpajic1?mibextid=LQQJ4d
Twitter: @Dragan_Pajic
Money
Meet the cheapest US states to buy a house
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A new study analyzing Zillow data has found that the monthly median sale price of a house last year was more than $500,000 in Utah, California and Colorado — and more than a staggering $800,000 in Hawaii.
The study, conducted by Studio City realtors, found that Hawaii clocked in as the most expensive state in the U.S. for homebuyers. On the island, the average home price was $805,775 — hundreds of thousands of dollars more than the cheapest state on the list.
Studio City realtor Tony Mariotti noted that market turbulence contributed to a “significant increase” in house prices across the U.S.
Home prices went up nationwide in February after months of declines amid low inventory and a small uptick in demand — and experts have said they expect affordability will continue to be a problem for prospective homebuyers in the months ahead.
Here are the priciest and cheapest U.S. states to buy a home:
The most expensive states to buy a home
Eight states and Washington, D.C., saw a monthly median sale price of a house last year of $400,000 or higher, with Oregon sitting at that exact figure.
Washington state, Nevada, Montana and Washington, D.C., came in between $402,900 and $487,500.
California, Colorado and Hawaii were the top three most expensive, at $537,000, $537,125 and $805,775 in monthly median sale prices last year, respectively.
Costs differed in different areas within states: for example, the median monthly sale price of a house last year in California’s cheapest city of Red Bluff was $320,000 — while the ticket in its most expensive city of San Jose was $1,370,000.
Money
Don’t just hug a tree this Arbor Day — plant one, too
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Nearly five years ago, Hurricane Michael became the first Category 5 storm to hit the United States in 25 years. It left a trail of destruction in its wake, and my community of Panama City — located in the Florida Panhandle — was hit especially hard. Since then, working together as neighbors and citizens, we’ve made significant progress in key recovery areas, including rebuilding key and vital infrastructure, enhancing quality of life, developing our downtown, and attracting new businesses across a mix of industries. However, one of our most important recovery efforts lies within our tree canopy restoration — an often overlooked but vital area of disaster recovery and prevention.
When Hurricane Michael uprooted nearly 80 percent of Panama City’s trees — approximately a million trees, generating 5.7 million cubic yards of debris within the city — it created serious challenges. Not only did we lose the beautiful canopy from 100-year-old oak trees, but the vital function of the trees was lost, the first of which was the absorption of groundwater. The loss of so many trees significantly increased the risk of flooding in our community,
where we now experience flooding in areas that haven’t typically flooded in the 114-year history of the city. The second function lost from the lack of trees is shade.
Trees serve to mitigate the urban heat island effect, where an entire city is warmed by concrete being heated by the sun. These increased temperatures not only result in uncomfortably hot weather but can also lead to other extreme weather events like wildfires. Since the storm, Panama City has experienced increased flooding whenever thunderstorms roll through, in addition to wildfires that consumed over 40,000 acres last year – both due in part to the damaged tree canopy and loss of trees.
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