Grind for March 9th
“You can’t go back and change the beginning, but you can start where you are and change the ending.” – C.S. Lewis
VA Dems Propose Reducing Charge For Assaulting Police Officers
Virginia Senate Democrats are proposing the reduction of the charge of assault on a police officer from a felony to a simple misdemeanor offense.
The proposal, one of 28 championed by the Virginia Senate Democratic Caucus to reform the state’s law enforcement systems, would get rid of the current law that considers an assault of a police officer a Class 6 felony and imposes a mandatory minimum term of confinement of six months.
The Virginia code states:
If any person commits an assault or an assault and battery against another knowing or having reason to know that such other person is a judge, a magistrate, a law-enforcement officer … a correctional officer … a volunteer firefighter or any emergency medical services personnel member who is employed by or is a volunteer of an emergency medical services agency or as a member of a bona fide volunteer fire department or volunteer emergency medical services agency … such person is guilty of a Class 6 felony, and, upon conviction, the sentence of such person shall include a mandatory minimum term of confinement of six months. Read more…
Wall Street Tacks More Onto its Best Quarter Since 1998
Wall Street is drifting higher in Tuesday morning trading, a quiet coda for a rocking quarter that sent the U.S. stock market nearly all the way back to its record heights.
The S&P 500 was up 0.7 percent, bringing its gain since the end of March to nearly 19 percent. Other stock markets around the world were mixed, while Treasury yields ticked lower and crude oil gave up a smidgen of its tremendous rebound for the quarter.
The Dow Jones Industrial Average was up 69 points, or 0.3 percent, at 25,664, as of 10:53 a.m. Eastern time, and the Nasdaq composite was up 0.9 percent. Most stocks in the S&P 500 were higher, led by big gains for technology hardware companies.
The S&P 500 is on pace for its best quarter since 1998, but that’s only after a 20 percent plunge that marked its worst quarter since the 2008 financial crisis. The vicious whiplash ripped through markets as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
The hopes looked prescient after reports during the quarter showed that the job market swung back to growth and retail sales rebounded as governments relaxed lockdown orders meant to slow the spread of the coronavirus.
Stocks built on gains made toward the tail end of the first quarter, when promises of massive amounts of aid from the Federal Reserve and Capitol Hill helped put a floor under the market. Read more…
GOOD TO THE LAST DROP:
Did you know… Milk goes from the cow to the grocery store in just 2 days!