Monday morning new drop
QAnon's corrosive impact on the U.S. Tens of millions of Americans believe QAnon's core -- and false -- theory that an evil cabal of Satan-worshipping elites commits atrocities against children and controls much of the world. Where does this movement stand and who has it impacted? Lesley Stahl reports. (60 Minutes)
Beto Wants to Save Texas From Ted Cruz While the senator was galavanting in Cancún, O’Rourke has been on the ground, fuming at a state leadership that does not believe in climate change. (Vanity Fair)
Destroyed Texas’s Electric Grid “Seconds and minutes” from total catastrophe, the state struggled to handle an extreme weather event, which led to the largest forced power outage in U.S. history. (Bloomberg)
Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000 A fast-growing market for digital art, ephemera and media is marrying the world’s taste for collectibles with cutting-edge technology. (New York Times)
Are Broker Commissions Too High? Online home buyers do much of the work involved in acquiring a house. So why are brokers’ fees still calculated under the old system? (New York Times)
Inflation On The Way? Cotton And Lumber Say It's Already Here It's not just lumber prices that are skyrocketing and homebuilders who are taking the hit (and passing it along to homebuyers): Costs are soaring for commercial construction as well, hitting general contractors. (Investing) This is how inflation starts. (Oklahoman)
How long do overheated markets last? The market for detached properties is clearly overheated out there. With about half of houses going in bidding wars and the median sale at 26% above assessed value so far in February, it’s an incredibly stressful time to be house hunting. That stress is starting to take a toll, with some buyers are dropping out and waiting until things calm down. In Toronto there are reports of that starting to have an impact on the market, with properties set for bidding wars not selling, then being relisted at the higher price that the sellers wanted all along which is leading to building inventory. (House Hunt Victoria)
Arc'teryx Presents: Happy Recluse Pete Devries and Jeremy Koreski, two long-time partners in the mission to surf and photograph the best waves Vancouver Island have to offer, take the extra step into their deep backyard returning to a wave that had shown past potential for a legendary session. In the process, Pete tells of his life as a ”happy recluse," at home in cold water.