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Realtors collude for higher commission, this last name is banned from flying, and Roca Reports: Migrants and Extremists
Snow cover is at record levels for the start of November. On Wednesday morning, snow covered 17.9% of the lower 48 states. The average temperature in the lower 48 states was 31.3 degrees. But we would like to send our thoughts and prayers to Florida readers, who saw temperatures dip into the upper 50s yesterday evening. Stay strong.
In today's edition:
Realtors collude for higher commission
This last name is banned from flying
Roca Reports: Migrants and Extremists
đ Key Stories
First CRISPR Treatment
A new therapy could become the first using the CRISPR-Cas9 (CRISPR) procedure to receive US Food and Drug Administration (FDA) approval
CRISPR is a gene-editing technique that allows scientists to remove, add to, or alter the genome. It is the simplest and most versatile gene editing method available to scientists, and while it is widely used in science, it hasnât received FDA approval for use in humans yet
The FDA is now considering approving a CRISPR therapy for sickle-cell anemia (SCA), a disorder that affects hemoglobin, the protein in red blood cells that carries oxygen throughout the body. Those with SCA develop sickle-shaped proteins, which can block blood flow and cause excruciating pain, strokes, organ failure, and death. 100,000+ Americans have SCA, 90%+ of whom are African-American
The FDA is now considering approving a new therapy, exa-cel, that uses CRISPR to genetically alter SCA patientsâ stem cells and potentially cure SCA. On Tuesday, a panel of FDA experts found that data from clinical trials suggesting the procedure is safe are convincing
Dig Deeper
The FDA solicited individual feedback from advisors, not votes on specific topics. One of the panel members said the drugâs âbenefits far outweigh the risksâ; another said the FDA should be careful âto not let the perfect be the enemy of the goodâ
The FDA will likely make a decision on its approval by early December
Landmark Realtors Case
A jury found several real estate brokerages liable for $1.8B for artificially inflating real estate commissions
Real estate agents work for a commission, which is a percentage of the money exchanged in a property sale. Sellers usually pay the commissions, which are then split between the sellerâs and buyerâs agents. In the US, commissions are usually 5-6% of a homeâs sale price
In 2019, a group of home sellers sued the National Association of Realtors (NAR) and other groups for allegedly conspiring to use their influence over the industry to keep commissions artificially high
On Tuesday, a jury found the NAR and others liable for $1.8B. Under antitrust laws, the judge could triple that fine, possibly increasing total penalties to ~$5B. The judge could also impose an injunction overhauling portions or all of the USâ current commission structure
Dig Deeper
âThis matter is not close to being final as we will appeal the juryâs verdict,â NARâs president said following the ruling
The same lawyers who brought that case announced shortly after the verdict that they had introduced a new lawsuit against NAR and other brokers, such as Redfin, over other commission-related issues
SBF Trial Heading to Jury
Lawyers presented closing arguments in Sam Bankman-Friedâs (SBF) criminal trial
For weeks, prosecutors have presented evidence and called on former FTX executives to testify against SBF to try to prove he committed fraud. SBFâs lawyers argued he made mistakes yet didnât commit fraud
SBF testified himself, during which he repeatedly told prosecutors he couldnât recall specific events. Prosecutors claim he did so âover 140 timesâ
On Wednesday, both sides presented closing arguments. A jury may begin deliberating on the case as soon as Thursday. SBF faces up to life in prison if convicted
Dig Deeper
In the defenseâs closing statement, SBFâs lawyer portrayed the governmentâs case against SBF as an effort to find a scapegoat. âThe reason the government focused so much of its case on SamâŠis because every movie needs a villain,â he said. He added that prosecutors used irrelevant information about SBF, such as his physical appearance, to try to demonize SBF instead of proving his guilt
During the prosecutionâs closing arguments, a prosecutor accused SBF of creating a âpyramid of deceitâ built on a âfoundation of lies and false promises.â He also attempted to turn SBFâs decision to testify against him: âThe defendant took the stand and he told a story â and he lied to youâ
Reservists Warned of Shooter
Texts and a letter sent by Army reservists reveal the extent to which they were concerned about Robert Card, the alleged killer of 18 people in Maine
Card, 40, was a reservist who was committed to a hospital this July after hearing voices. Police believe he killed 18 people during a shooting in Maine. He was later found dead of a self-inflicted gunshot
In messages from September, a reservist warned another to change the code to the baseâs guns and said, âI believe [Cardâs] going to snap and do a mass shooting.â He added that Card ârefuses to get helpâ
âIf [Card] should set his mind to carry out the threatsâŠhe would be able to do it,â one of those reservists also warned police in a letter
Dig Deeper
âPleaseâŠ[Cardâs] messed up in the headâŠIâm afraid heâs going to f*ck up his life from hearing things he thinks he heard,â one of the reservists also wrote in a text message exchange in September. âI love [Card] to death but I do not know how to help him and he refuses to get help or to continue help. And yes he still has all of his weaponsâ
A correction for a header from yesterday: âSaudi Arabia Hosting 2024 World Cupâ should have said âSaudi Arabia Hosting 2034 World Cup.â Our copy-editor had her first espresso and was moving too fast on the keyboard. Our apologies!
Protect Your Data
Data brokers are like the internetâs nosy neighbors who not only peek into your mail but also sell your secrets to the gossip-hungry masses. They're trading in your digits â SSNs, DOBs, phone numbers, and more â to the highest bidders
Enter Incogni, a personal data removal service that scrubs your personal information from the web
Incogni connects with data brokers around the world on your behalf â a task that can take hundreds of hours for someone to do on their own
With Incogni, you can lounge in your PJs, kick back and binge-watch that show everyone's been talking about, while someone else does the digital dirty work. Goodbye, identity theft anxiety. Hello, peace of mind
Dig Deeper
For all of November, Incogni is offering Roca readers an exclusive Black Friday sale: 60% off Incogni annual plans with code âROCA60.â Protect your personal details with Incogni today, and make your online footprint as hard to find as a polite comment on social media
đż Popcorn
ICYMI
TipâŠor else: DoorDash is testing a new feature in its app that alerts some customers with a pop-up message if they choose not to tip, warning them that their order may face delivery delays
NO TOUCH BAR (Edna Mode voice): Apple has unveiled a new 14-inch MacBook Pro, signaling the end of the 13-inch MacBook Pro with the Touch Bar keyboard
The power of âMission Impossibleâ: Joe Biden reportedly became alarmed about AI after watching âMission: Impossible â Dead Reckoning Part One,â which featured a nonhuman AI villain
Heeling better: Eliminate foot, knee, and back pain: Discover all day comfort and alignment with Fulton insoles! This week only, Roca readers get 15% off; discount automatically applied!*
Wildcard
TSAy-yo that name is unfortunate: The British government has barred a man with the surname âFu-Kennardâ from traveling overseas, citing its potential offensiveness
Use your brains, Patrick! Scientists have discovered that the so-called âarmsâ of a starfish are extensions of its head, not parts originating from its body or trunk
When taxis flyâŠ: Chinese startup EHang received the worldâs first certificate for an autonomous flying taxi. The two-seater EV can cover ~19 miles at speeds of up to 80 mph
Loan behold: Own a home? See how you can tap into your equity with Lendgo, the free platform connecting borrowers and loan providers. Get your quote today*
*Sponsored Popcorn by Rocaâs partner picks!
đ What do you think?
Today's Poll:Have you ever been the victim of identity theft? |
Todayâs poll is sponsored by Incogni
Today's Question:
How would you define a meaningful life?
Reply to this email with your answers!
See yesterday's results below the Wrap!
đŻ Roca Wrap
Since we launched Roca, weâve wanted to do consistent on-the-ground reporting. Starting this week, we are.
In the past, weâve reported from Ukraine, Colombia, the US/Mexico border, Ethiopia, and elsewhere. With each of these trips, weâve sought to not just tell the news but bring our readers with us on the adventures.
Roca Reports will now deliver that immersive journalism every week. Our co-founder and editor Max Frost has spent the last two months in Europe traveling and reporting in six countries. Weâll be publishing that coverage in a premium weekend newsletter, starting with Germany, where he hitchhiked around the country meeting far-right activists.
We ran the first three dispatches in Mondayâs, Tuesdayâs, and Wednesdayâs newsletter. The fourth dispatch is below. We hope you enjoy! And donât forget to subscribe here to receive future installments direct to your inbox on Saturday mornings.
Smoking indoors is illegal in Germany â but Berlin doesnât enforce the rules.
In cafés, restaurants, clubs, and bars across the city, people smoke. Many establishments have cigarette vending machines, but the Berlin way to smoke is to hand-roll a cigarette: Open the paper, sprinkle in the tobacco, and smoke it with your beer or espresso.
The first smoking cafĂ© I went to was an âanti-capitalistâ cooperative that I dropped into while exploring Sonnenallee, Berlinâs âArab Street.â
Arab Street was indirectly a product of the Nazis. The destruction wrought by World War 2 led West Germanyâs government to launch the âgastarbeiterâ (guest worker) program in 1955. Seeking to reduce the post-war labor shortage, between then and 1968, West Germany struck deals to import temporary low-skilled workers from nine countries.
While most of those countries were in southern and eastern Europe, the one that most impacted Germany was Turkey. 750,000 Turks came to Germany as guest workers, and many ended up staying. Turkish-Germans are now everywhere in the country. Germanyâs most popular street food â a kebab pita known as döner kebab â was invented by Turks in Berlin in 1972.
Although many Turks are now so thoroughly integrated that they are culturally indistinguishable from Germans, Turkish neighborhoods can be found throughout the country. One of them is Sonnenallee, a long thoroughfare that cuts across southern Berlin. Once a Turkish neighborhood, itâs now predominantly Arab with thousands of Syrians, Lebanese, and Palestinians.
On the street, I met a Lebanese man named Yusuf who had immigrated to Berlin in the 1970s. He walked me through the neighborhood, past hijab stores, hookah shops, and Arab cafés.
The man kicked at trash on the street and shouted in broken English, âEuropa! This Europa!â then pointed at graffiti on a wall, âThis Europa! Dirty!â
âGermany is not like America,â he said. âIn America, Lebanese people make money. Good money. I know lots of Lebanese there.â
âIn Germany, itâs not good. It used to be, but not anymore.â He said it changed in the 1990s, although he couldnât express in English why.
âPeople in Lebanon say, âOoh, Europa, Europa, it must be so good!â No! This Europa!â He kicked at the trash again.
Other immigrants were far more positive. While I met few in Sonnenallee who spoke English, one man in his 20s entering a mosque spoke enough to say that he came to Germany from Syria as a refugee in 2015. Germany has been âvery goodâ to him, he said, a sentiment others â including a pair of guys from an Iraqi religious minority who had fled an ISIS genocide â later reiterated to me.
The influx of over 1M mostly Muslim migrants to Germany since 2015 has driven support for the AFD, Germanyâs most popular âfar-rightâ party since the Nazis. To hear some thoughts on how that happened, I met a German media professor for dinner in Berlin.
The professor â whom I spoke with on background and therefore wonât say his name â considered the AFD extremists and didnât know a single person who supported them. But he also blamed other parties for their rise.
Angela Merkel had shifted her party â the center-right CDU â noticeably to the left. Until Merkel, the CDU had a monopoly on most conservative Germans. But under Merkel, and particularly after the migrant crisis, she lost that. That created room for a further-right party â the AFD â to emerge.
Merkel has since retired and many in the CDU want to shift the party back to the right. But whenever they do so, the professor said, the opposition calls them fascists. That keeps them left and gives the AFD a monopoly on more conservative Germans. In the coming weeks, I heard this dozens of times from people across the political spectrum.
I asked: So was the AFD just a regular conservative party? Were the âfar-rightâ and âextremeâ labels merited?
Yes, he said. This was Germany, a country where a fear of far-right politics and Holocaust guilt are rightfully engrained. He claimed the party had purged its moderate members, including some of its founders, and the extreme right â read, Nazis â was now pulling the party further. He had just attended an AFD rally and said he was startled by the extremism he witnessed.
That piqued my interest. Where could I find a rally? I asked. He told me Iâd have to âdig deep.â
Back at the Airbnb, I went down the AFD rabbit hole until I found one scheduled for Saturday, three days later. I wanted to meet the alleged extremists for myself.
***
Weâll have the next installments in this weekendâs Roca Reports premium newsletter.
Subscribe here to receive Roca Reports directly in your inbox on Saturday mornings, and to support our mission of delivering enjoyable, unbiased, and independent news. Youâll also gain access to our exclusive community and on-the-ground reporting!
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Roca Reports Feedback:
Jessica: âThis immersive and on the ground reporting is great! It's a form of authentic journalism. I dislike other forms of reporting where it's a "he-said she-said they-said", second hand reporting. Reporters less and less go out into the field to compile the facts & report the facts of the occurrence without bias. I am very excited about this, and will be excited to share this newsletter with friends and familyâ
Stephanie from Canada: âI really liked the street perspective of locals! It felt like I was there with you, very insightful and something I would never have known.â
Yesterday's Poll:
Do you think criminal charges should have been brought in connection to the Flint water crisis?
Yes: 29%
No: 71%
Yesterday's Question:
What is the best costume you saw (or wore!) this Halloween? Pictures always welcome!
Peter from Long Island, New York: âMy wife and I surprised my daughters with these! One loved it (sheâs in the picture) one didnât want to be associated with us and took the picture, lol.â
Susan from Tennessee: âObviously my grandchildren were the cutest! My grandson, Mack (age 3), dressed as a Yak! My granddaughter, Garrison (age 2), dressed as a black catâ
Steve from Wellington, Florida: âI saw some great ones but think I pulled off Forrest Gump really well!â
MACole from Memphis, Tennesse: âCreated costumes made from items from lost and found in my sisterâs middle school. So clever!â
Erica from Blue Mountain Lake, New York: âMy 9 year old son John and I went as Wayne and Garth! Party On!â
đ§ Final Thoughts
We could not be more excited to bring you Rocaâs original reporting in our premium newsletter. From the start, weâve set out to bring you unique stories no one else is covering. With your support, we are now able to do that from around the world, all year long.
Subscribing helps us live our mission to deliver enjoyable, unbiased, and independent news. Weâre so grateful for this community.
Happy Thursday!
âMax and Max