Hungry, Hungry Activists

Cover Photo for Eric Carle’s The Very Hungry Caterpillar

Good Morning. Yesterday’s quote was from the 60 Minutes segment on de-transitioners. Today DJIA celebrates 125 years; unemployment falls 38,000; we remember Eric Carle; and Facebook reverses bans for lab-leak posters.

When this fact-check was first published in September 2020, PolitiFact’s sources included researchers who asserted the SARS-CoV-2 virus could not have been manipulated. That assertion is now more widely disputed. For that reason, we are removing this fact-check from our database pending a more thorough review. Currently, we consider the claim to be unsupported by evidence and in dispute. The original fact-check in its entirety is preserved below for transparency and archival purposes.

Business

The Dow Jones Industrial Average marked 125 years of trading as it closed above 34,000 yesterday. It’s an index like any other, but itself an outgrowth of Wall Street Journal visionary Charles Dow. It was a barometer like none other, having risen on average 7.69 percent each year since its launch on May 26, 1896. That’s only the country’s second oldest index to the Dow Jones Railroad Average, which was created in 1884 (and later transmuted into the Dow Jones Transportation Index). From the initial 12 members to 30 today, the DJIA is a legacy that isn’t going away.

Jobs Report

Initial unemployment claims fell 38,000 to 406,000 in the week ending May 22. This is the first time in nine weeks that the Department of Labor managed not to short-change initial claims, as 114,000 jobs have been undercounted since March. Until the Department overcounts the initial job losses, this counter will live on. Losers of the week include New Jersey, Washington, and Minnesota, who all jumped over 1,800 initial claims. The winners from last week include Georgia, Kentucky, and Texas, who all shed more than 3,800 initial claims. The full DOL report can be found here.

Obituary

Eric Carle is among the most widely read and beloved children’s authors of the past century. He first authored the classic Brown Bear, Brown Bear, What Do You See? in 1967 before writing The Very Hungry Caterpillar in 1969. His books went on to sell more than 40 million copies in 60 languages, teaching young children the value of hard work and dedication. Born the son of German immigrants in New York, Carle returned to Nazi Germany when he was 6 to a spate of banned art forms. This allowed him to focus more on the naturalistic forms of art, imitating his paper cutouts after the animals he found nearby. Dead at 91, R.I.P.

Technology

One year ago, any suggestion that COVID-19 originated in the Wuhan Institute of Virology would have received a swift ban on Facebook. That is due, at least in part, to PolitiFact’s “fact check” disclaiming such ideas. Mounting evidence now favors the lab-leak hypothesis and forced PolitiFact to take down its article; Facebook, ever so quietly, is re-instituting its users who were improperly banned under its “False Information” policy. That rule allows Facebook ban you from their platforms when you post anything contradicting the World Health Organization—a questionable proxy for true information. But the WHO currently believes that there was a zoonotic source of the virus, disclaiming notions that it was lab-created. If Facebook really cared about its policy, it would ban Anthony Fauci and President Biden for throwing their support behind the lab-leak hypothesis.

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