News from johnpatrick.com

Maccene Grimmett, at 106, was one of the first to test mobile voting when her county in Utah extended the mobile voting option to voters with disabilities in November 2019. Maccene recently turned 107 years old! Watch the video below where Maccene explains the importance of voting.

Unfortunately, there is not enough time to properly plan, test, and implement new mobile voting solutions for the November 3 election. Too bad. The need becomes more clear each day. If disabled people voted at the same rate as those without disabilities, an estimated 2.3 million more people would cast their ballots. Georgia was a disaster, disenfranchising a lot of votes. Paper ballot problems popping up in other states. Is Internet mobile voting perfect? Compared to what? That should be the response. I have stayed up late to watch the numbers come in every election day for the last 50+ years. Not this time. They will be counting paper ballots for days, and possibly arguing for weeks about the accuracy. Whoever loses will claim fraud.

The Ridgefield library will host a fireside chat on the subject of voting.  The Zoom webinar is titled, “Could Internet Voting Strengthen Our Democracy in Turbulent Times?” Bob Reby and I will discuss the following:

  • Voting with paper or via the Internet: Which is more secure, accurate, private, and verifiable
  • How the US can safeguard ballots from hackers and foreign adversaries using blockchain technology
  • Cautionary Case Studies: What went wrong and how mistakes could have been avoided?
  • Success Stories: Internet voting in foreign countries and pilot programs in US states.

The webinar will be on July 14 at 6 PM EDT. Please register here.

If you want to make a difference in Black education, you can donate to benefit the Thurgood Marshall College Fund, Inc. The fund is the only national organization representing America’s 47 publicly-supported Historically Black Colleges and Universities (HBCUs), and the nearly 300,000 students that attend them each year, The Fund’s mission is to ensure student success by promoting educational excellence and preparing the next generation of workforce talent through leadership development.

Thurgood Marshall was an American lawyer who served as Associate Justice of the Supreme Court of the United States from October 1967 until October 1991. Marshall was the Court’s first African-American justice.

The tax deductible gofundme page is here.

As of Friday’s close, market capitalization of all the stocks I have been reporting on except for Microsoft, Apple, Amazon, and Zoom. Zoom reached a market cap of $72 billion. Apple continues to set records. If you didn’t watch Monday’s keynote about Apple’s plans for the rest of the year, I highly recommend it. Watch it here.

The five giant tech company market caps were mostly flat but still 23% of the market cap of the U.S. S&P 500. 

Note: My father gave me the following investment advice many years ago, “Don’t give any and don’t take any.” Wise man. I am not recommending buying or selling any of the stocks, crypto, or indexes I comment on.

MAGFA Market Cap (06/26/20 4:00 PM EDT)
 Market CapLastChange in
 TrillionsWeekBillions
Microsoft$1.489$1.480$0.01
Apple$1.533$1.516$0.02
Google$0.928$0.977-$0.05
Facebook$0.616$0.680-$0.06
Amazon$1.343$1.334$0.01
    
Total$5.909$5.987-$0.1
    
S&P 500 5/31/2020$25.240  
    
MAGFA/S&P 50023.4%23.7%-0.31%
    
Bitcoin (thousands)$9,185$9,323-$138
    
 Market CapLastChange in
 BillionsWeekBillions
Boeing$95.9$105.6-$9.7
Royal Caribbean$9.7$11.6-$1.9
Tesla$178.0$185.6-$7.6
Uber$51.3$56.0-$4.7
Zoom$72.4$68.7$3.8
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