Welcome to America’s Newsletter from Tag The Flag, the best morning newsletter on the internet, bringing you nonpartisan news and every view of the Red, White, and Blue. Here’s what you need to know to start your day.
📌 BULLETIN BOARD
We’re going to try something new today: Do you think that Airport TVs Should Not Be Exclusively Owned by Cable Networks (Like CNN or Fox News)? Background: right now there’s a bill called the Television Freedom at Our Nation’s Airports Act of 2019 that is in the first stage of the legislative process. It was introduced into Congress on June 21, 2019. In a nutshell, Airport owners and operators would have to ensure that the content displayed on TVs in their airports isn’t controlled under an agreement between themselves and a broadcast television network or cable news network. So what do you think? If you agree click here if you disagree click here. (It’ll bring you to our homepage. We’ll display the results tomorrow).
🦅 U.S. NEWS
Dream Deferred: Apartment rental demand soars as more millennials believe it’s cheaper than owning a home
Apartment demand in the second quarter of 2019 spiked 11% from a year ago. That, in turn, pushed rents up an average 3% nationally to $1,390 per month. Why it matters: Demand for rental apartments in and near cities across America is soaring, just when most thought it wouldn’t be. The expectation was that rental demand would fall as millennials aged into their homebuying years. Be smart via Toby Bozzuto, CEO of The Bozzuto Group: “…millennials ultimately aspire to have homes…it’s still the American dream…it’s [just] the dream deferred and it’s deferred because of student loans, the lack of having a large amount of equity, and they also enjoy flexibility versus fixity. This is a generation that likes a sharing economy. They use Uber instead of their own car, so apartments appeal to their needs, flexibility and their desires.” – CNBC
Just The Beginning: Financier Jeffrey Epstein Indicted on Federal Sex-Trafficking Charges
Jeffrey Epstein, a wealthy financier long dogged by allegations of sexual abuse involving underage girls, has been indicted on federal sex-trafficking charges. Why it matters: Epstein has hobnobbed with some of the world’s most powerful people during his jet-setting life. Future President Donald Trump called him a “terrific guy.” Former President Bill Clinton praised his intellect and philanthropic efforts and was a frequent flyer aboard his private jet. Big picture: The arrest of the billionaire financier on child sex trafficking charges is raising questions about how much his high-powered associates knew about the hedge fund manager’s interactions with underage girls, and whether they turned a blind eye to potentially illegal conduct. This looks to be just the beginning of Epstein related headlines. – AP
Job Killer: Minimum wage bill could eliminate 1.3 million jobs, CBO says
Democrats’ signature policy proposal to raise the federal minimum wage would cost roughly 1.3 million jobs nationwide, even as it boosts wages for 17 million workers and lifts 1.3 million families out of poverty, according to a report by the Congressional Budget Office released Monday. Why it matters: The report — which offers the most detailed analysis to date of the proposed $15 hourly federal wage — is a mixed bag for House Democratic leaders, who are just days away from putting the legislation on the floor. – Politico
🌎 WORLD NEWS
After mass protests, Hong Kong leader says extradition bill is dead
Hong Kong leader Carrie Lam said on Tuesday the extradition bill that sparked the territory’s biggest political crisis in decades was dead, admitting that the government’s work on the bill had been a “total failure”. The bill, which would have allowed people in Hong Kong to be sent to mainland China to face trial, sparked huge and at times violent street protests and plunged the former British colony into turmoil. Why it matters: this represents a massive blow to Beijing who has looked to tighten its grip on the semi-autonomous territory. – Reuters
Iran Threatens to Extend Nuclear Breaches
Iran warned Monday that it will take further steps to breach the 2015 nuclear accord in early September if it doesn’t receive long-sought relief from U.S. economic sanctions, as it began enriching uranium above limits set out in the deal. Why it matters: In recent months, Iran has followed this strategy of telegraphing its moves in advance, and carrying them out when its concerns weren’t addressed. Now, it is threatening to go further in 60 days. Big picture: Tehran’s moves until now have been measured, potentially reversible and stop well short of the steps that would be needed to put Iran on course to construct a nuclear bomb. With that said, escalatory moves by both sides could spiral out of control, potentially leading to a military confrontation neither side is seeking. – WSJ (subscription)
Russian nuke sub crew prevented ‘catastrophe’
A fire aboard a top-secret Russian nuclear submarine could have led to a “catastrophe of global proportions” if not for the selfless actions of the crew, a senior navy official was cited by a Russian media outlet as saying. Details: Fourteen submariners were killed on July 1 during a fire in a deep-water research submersible that was surveying the sea floor near the Arctic. Why it matters: Russian officials have faced accusations of trying to cover up the full details of the incident on the top-secret vessel. President Vladimir Putin only acknowledged publicly there had been a nuclear reactor on board three days after it happened, but didn’t explain how the blaze could have resulted in a catastrophe of global scale. – Washington Examiner
Kohl’s Is Betting on Amazon Returns to Drive Sales
Buying things on Amazon is easy. Returning them? Not so much. But Kohl’s is making it easier by now accepting Amazon returns for free, no box or label necessary. Why it matters: for Khol’s, joining with Amazon could help attract younger shoppers to its stores that might stick around and shop in the store. For Amazon, the partnership gives it convenient locations for customers to drop off their returns. Separately, Kohl’s said in March that it would sell a small selection of Amazon merchandise at more than 200 stores. Some analysts believe that Kohl’s could go further with Amazon, including bringing new Amazon concepts to its stores, such as Amazon Go, Amazon Books, or Amazon 4-Star. – KMOV
Massive police effort leads to steroid busts across Europe
A massive law-enforcement bust across Europe has resulted in the seizure of 24 tons of raw steroid powder and the closure of nine underground labs that produced performance-enhancing drugs and other illegal substances. Dealers used social media to advertise and promote their products whereby non-professional athletes used rechargeable credit cards and cryptocurrencies to buy small amounts of illegal substances, much of which was moved through gyms and unregulated online pharmacies. Why it matters: Nearly 1,000 individuals have been reported for producing, selling or using performance enhancers and 839 judicial cases have been opened across Europe. – AP
Screen consultants: Some Families Are Hiring Coaches to Help Them Raise Phone-Free Children
Parents around the country, alarmed by the steady patter of studies around screen time, are trying to turn back time to the era before smartphones. Here’s the thing: it’s not easy to remember exactly what things were like before smartphones. So they’re hiring professionals. Why it matters: Concern over screen time and smartphone use is particularly “rampant” among well-off parents, per the Times. It remains unknown “what screens will make of society, good or bad.” Spoiler Alert: get a dog! – New York Times
📅 ON THIS DAY IN HISTORY
1947: First female army officer is appointed
In a ceremony held at the Pentagon in Arlington, Virginia, General Dwight D. Eisenhower appoints Florence Blanchfield to be a lieutenant colonel in the U.S. Army, making her the first woman in U.S. history to hold permanent military rank.
🇺🇸 TOP TAGS
Yesterday’s top tag from Phoenix, Arizona: Phoenix police officers repaint long-standing American flag mural defaced with graffiti
Which President created the secret service?