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Atlanta X Data Center Proposal May Offer Hints for What’s to Come With xAI in Memphis

Memphians still don’t have many details on xAI’s massive supercomputer project planned for Memphis, though a recent $700 million data center deal for X in Atlanta may offer some clues.

What we don’t know is:

• How much will the company actually invest here? (It’s been touted as “multibillion” and the “largest single capital investment in Memphis history.”)

• What exactly will the so-called Gigafactory of Compute do? (It’s proposed to power X’s Grok artificial intelligence. But how that will happen in Memphis remains hazy.)

• How many employees and new jobs will the project bring to Memphis? (Speculation says about 200 hundred jobs. But no one in the public is yet certain.)

• What will the real economic impact of the project be for Memphis?

• What will local leaders offer to the company in incentives to bring them here?

Many of the questions were slated to be answered next week. The project was supposed to go before the Memphis-Shelby County Economic Development Growth Engine (EDGE) on Wednesday, June 19. Officials cancelled that meeting in observance of the Juneteenth holiday. So, locals could be left waiting for a month for answers on xAI, unless EDGE calls a special meeting.

In the meantime, I took a suggestion from someone on the Memphis subreddit. (I couldn’t find the comment or I would’ve given you a shoutout). For what could happen in Memphis, they suggested looking to Atlanta.

Atlanta case study

X Corp. (not xAI) proposed to build a $700 million data center there in December. It already had a data center in the city and another in Portland, according to WSB-TV Atlanta. Incentive packages would decide whether the company brought its big, new project to Portland, Oregon or Atlanta.

“Either location, in addition to similar alternative locations, could serve as the near-term location for this infrastructure investment,” reads the company’s application to Develop Fulton, Atlanta’s EDGE equivalent. “The incentive is a critical part of the analysis and decision process of whether to locate the equipment in Atlanta, Portland, or other locations.”

For the new Atlanta project, the company asked Develop Fulton to approve a $700 million inducement and final bond resolution “to acquire, install and create the next generation of high-performance computing and Artificial Intelligence (AI) products for the X platform.” The company also asked for a tax break of more than $10.1 million over 10 years.

Taxes for the project in its first year were promised to be more than $4 million. Taxes over the project’s first 10 years would be more than $16.5 million.

The project would retain 24 jobs in Atlanta, not create new jobs. X Corp. predicted an overall economic impact of the project to be more than $241.7 million in 10 years.

The economic impact figure changed, though, from when X first brought the project to Develop Fulton, according to WSB-TV. The company’s original pitch to the board said the economic impact for the project would be more than $1 billion, way higher than the updated $241.7 million figure:

Credit: Develop Fulton/ X application from December
Credit: Develop Fulton/ X application from January

X Corp.’s proposal ended in a deadlock from the Develop Fulton board in December. The vote came after the board “got an earful from opposed residents,” according to The Atlanta Journal-Constitution.

One board member, Laura Kurlander-Nagel, said the X platform’s value dropped by more than half after xAI founder Elon Musk bought it. For her it was a concern and she voted against the project, according to London-based Data Centre Dynamics blog.

The Atlanta site, northwest of Downtown on Jefferson Street, was once proposed for another data center. Kansas-based Quality Technology Services (QTS) wanted to build a center there but asked Develop Fulton for a $45 million tax break over 10 years. The board voted against it, and, apparently, QTS moved on.

However, when the X project came back before Develop Fulton in January, it passed with that $10.1 million tax break included. Two board member voted against it.

Data boom

Data centers are booming in Georgia’s capital city. Atlanta City Council member Jason Dozier said the market is growing faster there than in any other U.S. city. Construction for data centers in Atlanta grew by 211 percent, Dozier said, from 2022 to 2023.

This is partly why he and council member Matt Westmoreland proposed a ban on building them close to transit stations and the Atlanta BeltLine. It was unclear whether the ban had yet passed.

“Despite their growth, data centers don’t create many local jobs compared to other sectors,” Dozier tweeted in mid-May. “This limits economic benefits for our communities. Their existence presents a trade-off, diverting resources and focus away from alternative, people-oriented development priorities.

Their existence presents a trade-off, diverting resources and focus away from alternative, people-oriented development priorities.

Atlanta City Council member Jason Dozier

“Additionally, the energy demand of these centers is substantial, oftentimes equivalent to an entire natural gas plant’s output, further stressing our fragile electric grid.

“By prohibiting new data centers near transit and the Atlanta BeltLine, we aim to preserve these vital corridors for people-oriented priorities like housing, retail, transportation, and green spaces.

“It’s time to ensure that our city’s growth is sustainable and equitable for all residents. Let’s work together to shape Atlanta’s future in a way that prioritizes the needs of our communities and that benefits all Atlantans.”

But urban Atlantans aren’t the only ones with qualms over data centers in the Peach State. Georgia state lawmakers voted to temporarily suspend a tax break on equipment for data centers, according to the Associated Press. The legislation followed a monthslong review of all of the state’s many tax breaks and incentive programs.

The bill gained traction as Georgia Power reported a massive spike in electricity demand, and the data center industry accounted for 80 percent of that growth, it said. Also, one lawmaker also cited a 2022 state audit report that found that the tax exemption for data centers returned 24 cents on the dollar.

However, Georgia Governor Brian Kemp vetoed the legislation in May. He said the bill’s July 1 deadline would have interrupted “projects that are already in development — undermining the investments made by high-technology data center operators, customers, and other stakeholders in reliance on the recent extension, and inhibiting important infrastructure and job development.”

Sierra Club Georgia Chapter Director G Webber called the move “beyond disappointing.”

“The surge in the demand for power from data centers is propping up old coal plants and causing a rush to build new gas infrastructure,” Webber said in a statement. “As a result, Georgia communities will see higher levels of air and water pollution, and our fight to curb the worst effects of climate change is hampered. Kemp is burying his head in the sand by refusing to address an issue already having such a significant impact on our state.”

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On the Fly: Week of 6/14/24

Juneteenth
As Alice Faye Duncan writes in her piece with the Flyer this week about Opal Lee, the Grandmother of Juneteenth, “Juneteenth is freedom rising, and freedom is for everyone.” And this weekend is about celebrating. Check out just some of what’s going on in Memphis:

  • Juneteenth Douglass Freedom & Heritage Festival: This year marks 31 of celebrating Juneteenth in Douglass Park. Friday is Youth Day, complete with youth performers, youth vendors, and a youth host and DJ. Saturday will feature National Jookin League and Marcus.901, and Sunday will feature Ekpe Abioto. The festival is free, parking is free, you are free to bring your grills, coolers, tents, tables, and chairs. Douglass Park, Friday, June 14, 11 a.m.-5 p.m. | Saturday-Sunday, June 15-16, 3-8 p.m.
  • Juneteenth Family Reunion: Tone will host a weekend-long celebration in honor of Juneteenth. Things kick off with the Spades Tournament on Friday. Then folks can get dressed up for the Juneteenth Gala on Saturday. And then it’ll be time for the Juneteenth Festival on Sunday, where the lineup features Curren$y, Juicy J, Hitkidd, and Erykah Badu. Our writer Chris McCoy wrote all about what’s happening in this week’s cover story. Read that here. Tone, Friday-Saturday, June 14-16
  • Memphis Juneteenth Festival: This festival is all about education, entertainment, food, and fun. It will feature a car exhibition, Greek Yard Show, Health and Wellness Tent, and a Freedom Run + Walk. Health Sciences Park, Friday-Saturday, June 14-15, 10 a.m.-10 p.m.
  • Juneteenth Shop Black Festival: The 4th Annual Juneteenth Shop Black Festival features live entertainment, 100 Black businesses, food trucks, and food vendors. RSVP for free here. Fourth Bluff Park, Saturday, June 15, 11 a.m.-6 p.m.
  • The Color Purple Movie Screening: In partnership with Dr. Telisa Franklin and Memphis Juneteenth, the Orpheum Theatre Group is hosting a free screening of the 2023 movie musical The Color Purple in celebration of Juneteenth. Orpheum Theatre, Monday, June 17, 6:30 p.m.
  • Juneteenth Community Day: The National Civil Rights Museum is celebrating with free museum admission. The Juneteenth Community Day will also feature a health equity focus and a range of health-related services, resources and activities, plus the opportunity to donate blood. National Civil Rights Museum, Wednesday, June 19, 9 a.m.-6 p.m.

Ben Bailey
Black Lodge
Friday, June 14, 8 p.m.

There are 13,000 taxicabs on the streets of New York. But only one of them pays you. Well, paid. Cash Cab — the cab that paid you (only if you answer trivia questions correctly) — is no longer in production, but that doesn’t mean my dad doesn’t watch the show every time his channel surfing lands on it. But even though it’s Father’s Day this weekend, we’re not here to talk about my dad. We’re here to talk about Ben Bailey, former host of Cash Cab, who is coming to do his stand-up at Black Lodge this Friday. Tickets for Bailey’s show at Black Lodge are $35 in advance and $38 day of show. VIP tickets, which include seats in the first four rows and a meet-and-greet, cost $60 in advance and $65 day of show. Purchase tickets in advance here. Oh, and not to brag but I got to interview Ben Bailey ahead of the show. Read more here. (Ben Bailey says hi, Dad! If you’re not my dad, too bad.)

Crafts & Drafts
Crosstown Concourse
Saturday, June 15, 10 a.m.-5 p.m.
This event is no rough draft. After all, it’s put on by the spectacular folks at the Memphis Flyer, this very paper. It was perfectly crafted to fit all your summer market’s needs. Join us and enjoy a beautiful day in midtown Memphis, shop local makers and artists, and featuring delicious local craft beers.

Philippine Fiesta
Agricenter International
Saturday, June 15, 11 a.m.-6 p.m.

Memphis’ first Philippine Fiesta will have Filipino cuisine, dances, and a parade of Fiesta Queens in costumes that represent specific festivals held in the Philippines. Kids can enjoy activities like face-painting, and adults can partake in an open mic session with karaoke. Admission is free. Read more about the event here.

Record Fair
Soul & Spirits
Saturday, June 15, 1-7 p.m.

Girl, put your records on. Or, rather, get your shopping on for records at Soul & Spirits’ Record Fair. Goner Records, River City Records, and Shangri-La Records will come together to bring all your favorite places to buy music in one spot. STAX Soul Mobile, Mobile Memphis Listening Lab, Memphis Record Pressing, local collections, and art vendors will also be on site, and so will food trucks Hot n Heavy Dogs and Sno Junt. The Subteens will cap off the day with a performance. (Hey, did you read Alex Greene’s piece on their re-release of Burn Your Cardigan? Go on, get to reading it.)

Memphis Vegan Festival
Fourth Bluff Park
Sunday, June 16, 11 a.m.-6 p.m.

On the veg (of glory)? This festival is for you. It’s a day full of vegan food, live entertainment, and a marketplace featuring local businesses, plant-based health and beauty products, clothing, and accessories. RSVP for free here.

Forum: Who is running for the Memphis Shelby County Schools board?
Idlewild Presbyterian Church
Monday, June 17, 6-8 p.m.

Get to know candidates running for the Memphis-Shelby County Schools board before the August elections. Students and Chalkbeat journalists will ask candidates about how and why they want to guide the school district for the next four years. The event is free to attend, but RSVP here. There will be food and childcare provided. The panel will be livestreamed here if you can’t make it. 

Overton Square Movie Series: Sweet Home Alabama
Chimes Square at Overton Square
Thursday, June 20, 6 p.m.

Alabama might not be sweet or home to most of us (have you read the news?). But there’s something about Sweet Home Alabama that just makes rom-com lovers melt. A little bit of Reese Witherspoon. A little bit of that guy whose name I’ll never learn but can easily Google but won’t so every time he comes on my screen I go that’s the guy from Sweet Home Alabama. What more could you want? I mean, Overton Square is even screening it for free on Thursday.  Blankets and folding chairs welcome; no outside alcoholic beverages. 

There’s always something happening in Memphis. See a full calendar of events here.

Submit events here or by emailing calendar@memphisflyer.com.

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GOP Candidates Quiet On School Vouchers in Election Season

While Gov. Bill Lee’s universal school voucher proposal is clearly a key issue this election year, there is less agreement on where Tennessee voters stand on the contentious education policy, incentivizing many state legislative candidates to avoid discussing the matter.

Numerous voter polls have generated wildly different results this year, depending on which organization was behind the survey and how the questions were asked.

As a result, rural Republican candidates, whose legislative votes would be pivotal in deciding the issue, aren’t generally trumpeting their positions on what would amount to a major policy change.

And when they do comment, the candidates are choosing their words carefully by using the language of “school choice” over “vouchers,” even though they’re essentially the same thing when it comes to letting parents use taxpayer money to send their children to private schools.

The divergent poll results, based on representative samplings of voters, underscore that vouchers remain a hot-button education issue as Tennesseans try to understand a complex idea that was the most divisive of the recent legislative session.

Supporters say the statewide voucher proposal, which the governor vowed to bring back to lawmakers next year after it failed to reach the Senate and House floors in April, would put parents in charge of their children’s education by giving them more choices. Critics say it would destabilize public education, bust the state’s budget, and further segregate schools by race, income, and students with special needs.

Now in his second term, Lee has characterized GOP support across Tennessee as solidly favoring his proposal, which is especially important in a red state where the winner of the Republican primary typically wins the general election.

The Republican governor, who campaigned on the promise of giving parents more education choices for their children, recently told Fox News that school choice is “a very popular idea among Republican primary voters.” He added that voters support it “by an overwhelming margin.”

“Legislators understand that; they know their voters want this,” Lee said.

But while vouchers have steadily gained support through the years, surveys of voter attitudes don’t necessarily bear out Lee’s claim.

Three pro-voucher groups — The Beacon Center, Americans for Prosperity, and the American Federation for Children — released findings early this year declaring broad support for expanding school vouchers in Tennessee as they sought to build momentum ahead of critical voucher votes in the General Assembly.

During the same period, the Tennessee Education Association, the state’s largest teachers organization and a voucher opponent, released results of its own poll showing only 30 percent of Republican primary voters supported the governor’s plan.

Most recently, Vanderbilt University’s poll found Tennessee voters evenly split on the matter.

When asked if they approve of the policy, 45 percent were in favor of vouchers, 46 percent opposed them, and 9 percent said they neither supported nor opposed the idea.

“These results show that vouchers remain a controversial issue,” said John Geer, the Vanderbilt poll’s co-director and a distinguished professor of political science.

“It is a complex and complicated topic,” he added. “That makes the issue difficult to measure in a poll.”

The uneven findings of various polls stem, in part, from how the questions were framed.

For instance, Americans for Prosperity asked voters: “Governor Lee is proposing a school choice program that will enable parents to take back control over $7K of their education tax dollars to educate their child in a private or home school environment if they choose to, giving parents more control over how and where their children are educated. Do you agree with the program Governor Lee is proposing?”

More than 70 percent responded ‘yes.’

By contrast, the TEA’s survey asked a series of questions delving into the structural and financial impacts that universal vouchers would have on the state’s public education system.

Among them: “Other states that have enacted statewide vouchers saw that 95 percent of students who benefitted were from wealthy families who had the resources to send their children to private schools or already attended private schools, mostly in rural areas, instead of providing resources to middle-income families and students from across the state. Does knowing this make you more or less likely to support school vouchers?”

More than 70 percent responded that they were less inclined to support the policy.

The Vanderbilt poll, which also examined issues such as abortion, vaccines, and gun control, was conducted this spring, soon after the legislature adjourned.

On vouchers, Vanderbilt pollsters asked: “Do you support, neither support nor oppose, or oppose Tennessee giving all parents tax-funded vouchers they can use to help pay for tuition for their school-age children to attend private or religious schools of their choice, instead of attending local public schools?”

“We don’t have an ax to grind, so we tried to be as straightforward as we could,” said Geer.

About 49 percent of responding voters also said they were likely to use vouchers if they became available, and 50 percent said they would not. By a wide margin, Republicans who support former President Donald Trump were the group most likely to use them, while only 26 percent of Democrats said they would take advantage of the option.

“The outcome of the poll on vouchers was very partisan in nature,” Geer said.

That partisan lens, he added, was more significant than whether the voter lived in a rural, urban, or suburban district, where access to private schools varies significantly.

“I think it’s another statement about our political climate and the polarization of our country. We really weren’t able to get past the partisanship,” he said.

This year’s uneven polling results may help explain why many rural Republican candidates aren’t discussing vouchers or promoting where they stand on the issue when seeking to secure their party’s nomination. In suburban and urban districts, which are home to more private schools, both Republican and Democratic candidates are more likely to weigh in or use vouchers as a campaign issue.

“Rural Republican legislators got some pushback over the governor’s voucher proposal, so I can understand why they would skirt the issue with primary voters,” Geer said. “I can understand why they would just say: ‘I’m for public education because that’s what’s important to my rural district.’”

Debby Gould, president of the League of Women Voters in Tennessee, said legislative candidates can easily cloak their voucher stance by saying they support public education, especially since the House’s 2024 voucher bill bundled the creation of a statewide voucher program with public school reforms.

“That muddied the waters a bit, but voters deserve a clear answer to whether they plan to vote ‘yes’ or ‘no’ on universal vouchers,” Gould said.

“Vouchers aren’t a secondary election issue,” she added. “Gov. Lee has said it’s a priority for his administration, so it will be front and center next legislative session.”

All 99 seats in the state House and half of the Senate’s 33 seats are on the ballot this year. Aug. 1 is Tennessee’s primary election day, with early voting July 12-24. The general election will be on Nov. 5.

You can find more voter information on the Secretary of State’s website.

Marta Aldrich is a senior correspondent and covers the statehouse for Chalkbeat Tennessee. Contact her at maldrich@chalkbeat.org.

Chalkbeat is a nonprofit news site covering educational change in public schools.

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“Bogus Ballots” Continued

Never say die — particularly if you’re talking about that unkillable scourge of local elections, the bogus ballot.

That’s the term of art for those privately prepared and printed broadsheets containing the mugs of assorted candidates that various entrepreneurs pass out to voters at election time.

The balloteers charge the favored candidates a pretty penny — actually, several thousand dollars apiece — for the honor of appearing on these sample ballots as “endorsees.” 

It’s all a matter of commerce. Not much actual evaluation is involved, with the exception, perhaps, of a few — a very few — candidates who get included gratis, perhaps to salve the consciences of the money-making balloteers.

In recent years, critics of the process — ranging from occasional candidate John Marek to the Shelby County Democratic Party itself —  have gone to court in an effort to bring things to a halt, mainly because several of the ballot-mongering entrepreneurs have included misleading imagery and language making it appear that their profit-making sheets are actually the legitimate handiwork of the Democratic Party.

The plaintiffs had considerable difficulty getting hearings on the matter because so many local judges were customers of the ballot makers.

But at length, a special judge, William Acree, was brought in from Jackson and issued a permanent injunction against further publication of  bogus ballots that simulated Democratic Party efforts.

Such constraints as resulted, including still-pending action against  balloteer Greg Grant, have slowed to a halt, however, for several reasons: Judge Acree has retired, and the litigants who sought the injunction are now hors de combat.

Plaintiff Marek, a lawyer whose efforts have been pro bono, is seeking to withdraw, and his partner in litigation, Jake Brown, has already done so as of last week, having been cut loose by the local Democratic Party, which has opted under current party chair Lexie Carter to pay for no more litigation.

Meanwhile, with elections approaching in August and November, privately printed sample ballots are out there again in force, some of them heeding the injunction against feigning Democratic Party involvement, and some not. (See image of ballot from entrepreneur M. Latroy Alexandria-Williams, whose “Memphis Democratic Club” and “Shelby County Democratic Club” are shell organization with no real existence.)

And the old saw that “you get what you pay for” still reigns among local  candidates for office.

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Woof! The Shelby County GOP is Serving Up Kristi Noem, No Less


Shelby County Republicans,  who normally hold their annual Lincoln Day banquet reasonably close to the birthday of their eminent founder, Abraham Lincoln, in February, are running late this year. The celebratory event is scheduled for the night of Sunday, June 23rd, at the Hilton Hotel on Ridge Lake Boulevard.

Perhaps as compensation, they’re doubling up on the number of keynote speakers, offering not only state Senator Brent Taylor of Memphis, the dinner’s official sponsor and financial backer, but also  — local dog lovers, take note — Governor Kristi Noem of South Dakota.

Both principals have made more than their share of headlines this year — Taylor as a would-be crimefighter and sponsor of numerous bills to impose greater state authority on Memphis law enforcement, and Noem  as the currently most famous (or notorious) adversary of uppity canines.

There is a well-known saying that goes, “If you want a friend in  Washington, get a dog.” That piece of advice is not a good fit for Noem, who purportedly aspires to serve in the nation’s capital as vice president for a reelected President Donald J. Trump and, perhaps to enhance her credentials,  published a memoir this year, No Going Back: The Truth on What’s Wrong with Politics and How We Move America Forward. 

In most estimates, Noem’s strategy misfired badly — mainly due to her candor about having shot to death a dog  that she deemed too feisty and not skillful enough as  a hunting dog. To make things worse, the execution — for such it was in the eyes of Noem’s critics — was carried out in a gravel pit, under the watchful eyes of some construction workers.

Photo by Michelle Tresemer on Unsplash

Public reaction to Noem’s disclosure has been almost unanimously negative, but what’s done is done. There is, in the words of her title, no going back. And, to give Noem her due, she persists in trying to move forward, if not America, then her own future prospects.

Local Republicans will have an opportunity to judge for themselves on June 23.

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MATA Presents Budget Proposal to City Council

The Memphis Area Transit Authority has requested $30,670,000 from the Memphis City Council for Fiscal Year 2025 (FY25.) This meeting comes weeks after it was revealed that MATA had a $60 million deficit.

MATA is projecting $65,219,738 in revenue for FY25, with federal grants and contributions from the city and county government contributing major portions. The agency said the city is the primary provider of operating funds.

Despite a budget gap, the agency said it is committed to increasing revenue and “refining [its] process of spending.”

“We recognize that there is a gap,” said MATA interim CEO Baccara Mauldin who, with other agency officials, faced the council Tuesday afternoon for the budget hearing. 

“As the leader of MATA, personally and professionally, I own what I’ve inherited,” Mauldin said. “I own the problems but I also own the engineering of the fix. I’m holding the steering wheel on what will drive Memphis and MATA to a better mobility.”

Prior to her presentation, Mauldin said transparency and fiscal responsibility are two of her core leadership values, and as a result, she retained the services of an “external CFO” on her second day in office. Hamish Davidson of J.S. Held LLC joined Mauldin during the presentation.

Mauldin said the proposed budget for FY25 is $84,211,321, with its largest expense being wages and fringe benefits. She added that due to the nature of the work, the agency has to be more competitive with compensation packages. The CEO also emphasized MATA’s need for mechanics and operators.

In addition to needing competitive compensation packages, MATA says it needs more buses for fixed routes and MATAPlus services for citizens with disabilities. A large amount will go towards installation of the Memphis Innovation Corridor, which is the first bus rapid transit service in Memphis.

Mauldin reminded the council that these adjustments and changes are vital to having a “complete mobility system” in the city. She also said she would meet with council members and host town halls with constituents.

“It’s going to take some time, because we want to make sure that we reach every community through this process, that we get to talk to each one of you as well as our other stakeholders,” Mauldin said. “We really want to make sure that at the end of the day the reimagining of what transit looks like is a process and a plan we can all get behind, and know that we played a part in it.”

After the presentation, numerous council members posed questions regarding the expansion of MATA services to other communities such as the I-40 corridor, accountability measures, and increasing the electric vehicle fleet.

Prior to the dismissal of MATA’s team from the presentation, Councilman Chase Carlisle said, “The city of Memphis, the Memphis City Council is fully committed to supporting MATA. It is critical to core services and workforce development and opportunity. The city is committed to funding MATA at the level it’s always funded. I know the council is committed to that. I don’t think anybody has any intentions on reducing. The city of Memphis, at least the city council, is fully committed to funding at the level it’s always funded, and I look forward to the reimagining process,” Carlisle said.

Carlisle added that COVID changed the way the city looked at and operated on-demand services, and said the city has a “great opportunity” to reimagine it.

The council did not question MATA about the deficit which left some citizens “dissatisfied.” Cynthia Bailey, co-chair of the Memphis Bus Riders Union, said city council should not let MATA off the hook.

“The Memphis City Council must send a strong [message] to MATA that they are going to hold MATA accountable for past and future funding,” Sammie Hunter, co-chair of the Memphis Bus Riders Union added.

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Relax This Summer

Summer is a time of afternoons by the pool, barbecues, and relaxation. It’s a chance to take a break from your usual routine and enjoy outdoor hobbies and time with loved ones. As important as it is to enjoy summer while you can, it’s equally important to stay financially focused and not lose sight of your financial goals. The following tips can help you remain financially on track throughout the summer months.

1. Automate your finances.

Need a break from constantly managing your finances? Give yourself some time to kick back and relax this summer by automating your accounts and investments. Here are a few ways to add automation to your financial routine so you can spend more time poolside.

• Set up automatic debits with your credit card company, loan servicer, utility companies, etc. This practice removes the stress of having to schedule payments each month. Just make it a point to regularly check in on your accounts and ensure the correct amounts have been debited.

• Set up bill pay with your bank. For any service providers that don’t offer automatic debits, consider setting up direct payments through your checking or savings account. It’s still easier than mailing a check each month.

• Automate your retirement plan contributions through payroll deferrals.

• Establish a direct transfer from your paycheck to your savings account.

2. Review your beneficiaries.

Checking this important task off your list can provide you with peace of mind this summer. Beneficiaries can quickly become outdated as your life evolves and your relationships change over time. That’s why it’s important to periodically review your beneficiaries on all accounts, investments, trusts, and other estate planning documents. Also, make sure the custodians you’ve designated to care for your children are still the people you wish to name and that your successor trustee remains relevant.

3. Rebalance your portfolio.

Use the change in seasons as a reminder to review your asset allocation and rebalance if necessary. Rebalancing to your original (or an updated) asset allocation helps lock in gains from top-performing sectors and ensure your portfolio remains in line with your investment objectives and risk tolerance. Contact your wealth manager for assistance.

4. Check in on your insurance.

Want to feel extra carefree this summer? Review your insurance policies to ensure you’re covered should something unexpected happen. Your wealth manager can help review your existing insurance policies and identify any gaps in coverage.

5. Plan for summer expenses.

Don’t let summertime expenses catch you off guard. Make a plan to cover the added costs of summer vacations, kids’ camps, childcare expenses for when the kids are out of school, etc. Having a plan in place allows you to comfortably spend a bit more without negatively impacting your other financial goals. If you have a dependent care FSA, this can be used to pay for summer day camps (in addition to daycare and preschool) in a pre-tax manner, assuming the expenses are allowing you to be gainfully employed or look for work.

6. Take steps to lower your taxes.

The midyear point is a great time to check in on your tax planning strategies. Your wealth manager can help you take advantage of tax-loss harvesting, asset location, charitable giving, and other strategies to help lower your annual tax liabilities.

Gene Gard, CFA, CFP, CFT-I, is a Partner and Private Wealth Manager with Creative Planning. Creative Planning is one of the nation’s largest Registered Investment Advisory firms providing comprehensive wealth management services to ensure all elements of a client’s financial life are working together, including investments, taxes, estate planning, and risk management. For more information or to request a free, no-obligation consultation, visit CreativePlanning.com.

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Memphis’ First Philippine Fiesta

“In the Philippines, each town has a festival or a fiesta, often in honor of patron saints,” says Harry Guinocor, president of the Filipino-American Association of Memphis (FILAMemphis). “That’s the one thing that is very distinct about the Philippine culture — it’s fun, it’s entertaining.” That’s partly why, Guinocor says, FILAMemphis is hosting their first-ever Philippine Fiesta in Memphis this Saturday.

“We want to let Memphis know about the Filipino culture — that we’re a great addition to an already diverse community in Memphis,” he says. “We took inspiration from the other minority groups, like the Vietnamese, the Chinese, and then, of course, you have the Italian Fest, the Greek Fest. We felt like, ‘Let’s do our part.’”

The free event will feature a parade of Fiesta Queens in costumes that represent specific festivals held in the Philippines. The day will also have performances of various Filipino cultural dances, such as the tinikling, a bamboo dance, and the bulaklakan, a flower dance. Kids can enjoy activities like face-painting, and adults can partake in an open mic session with karaoke, “a beloved Filipino pastime,” Guinocor says.

Of course, the fiesta wouldn’t be complete without food. Kukuruku Crispy Chicken, a Filipino restaurant in Lakeland, is just one of the food vendors that will be present. “We will showcase a variety of Filipino cuisines, including lumpia, Filipino eggrolls; pancit, a dish of rice noodles with meat and vegetables; and lechon, roasted suckling pig,” he says. “Of course, we’re going to have boba. And one distinct flavor of boba we’re going to have is the ube, which is like taro. It’s a Filipino delicacy that’s taken the West and East coasts by storm because it’s something that’s kind of unique, kind of new. There’s actually going to be a store that’s going to be selling an ube crinkle as well.”

Guinocor adds that the festival will also host non-Filipino vendors, including Latino vendors. “The Philippines,” he points out, “has been under Spanish influence for about 300 years, so there’s a lot of Spanish influence that you’ll see at the festival.”

In all, though, the day is about having fun. “There’s always that sense of community during fiesta time,” Guinocor says. “That’s when everyone in the town comes together. So we hope that we can also bring that here in Memphis, that we can bring everyone in Memphis together.”

Philippine Fiesta, Agricenter International, 7777 Walnut Grove, Saturday, June 15, 11 a.m.-6 p.m., free.

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We Recommend We Saw You

WE SAW YOU: Memphis Italian Festival

Neil Rome of the “901 Mafia” team entered his mouth-watering “Italian Muffuletta Meatloaf” in “Anything Italian,” one of the categories at the Memphis Italian Festival, held May 30th through June 1st at Marquette Park.

Lucca Dyer, D. J. Naylor, and Teagan Naylor
Brooke Davis and James Little 
Jacob Andew Bratcher, Abigail Miner, and Briley Faulkner

Rome begins making the dish, based on his grandmother’s take on an old Justin Wilson Cajun recipe, by creating a paste out of breadcrumbs, tomato sauce, eggs, seasoning, and parsley. He then adds ground beef and smoked ham, which he forms into a big ball before laying it out flat. He spreads a mixture of onions, black and green olives, Parmesan cheese, and pepperoncini peppers over it and slowly rolls everything up “like you would a jelly roll,” Rome says. Finally, he pours his gravy, which he makes out of tomato sauce, red wine, olive oil, and seasonings, over everything and slides it into the oven.

Marjo, Andrew, Joseph, and Billy Labonte
Zoey High, Sarah Jordan Houseal, and Olivia Tashie

Rome’s team’s entry didn’t win Anything Italian, but his team won the Father Milton Guthrie “You Are Great” award.

Forty-three teams participated in this year’s Memphis Italian Festival, which drew more than 15,000 people, says Richard Ranson, who along with his wife Vickie, is the cooking teams and judges co-chair.

Categories
Fun Stuff News of the Weird

News of the Weird: Week of 06/13/24

A Hard Act to Swallow

Parashuram, 38, a convict in a Karnataka, India, prison, acted quickly to hide his smuggled-in cellphone when guards raided his cell in early April, The Indian Express reported. Instead of stashing the contraband in a pillowcase or toilet, the convicted murderer serving a life sentence swallowed the phone. When he started complaining of stomach pain, he was transferred to Victoria Hospital in Bengaluru, where doctors did an ultrasound. On April 25, he went under the knife to remove the phone, which was stuck at the entrance of the small intestine. The phone had been inside Parashuram for 20 days when it was removed; the prisoner recovered from the surgery and was returned to his cell. [Indian Express, 5/2/2024]

Surprise!

When David Loop of Sierra Pacific Furbabies, a feline rescue organization in California, found a box dumped in front of their office in April, the attached note explained that the “kitten” was found “in Mt. Rubidoux hiking path.” But when he opened the box, Loop said instantly, “I’m pretty sure this is a bobcat kitten.” Sure enough, Newsweek reported, when Loop contacted a local wildlife center, they thought the bobcat kitten was 3 to 5 weeks old. The furball has been transferred to a wildlife center where it will hang out with other bobcats and eventually be reintroduced to the wild. [Newsweek, 4/30/2024]

Most Chatty Criminal

Last September, Stephanie Langley, 55, of East Farleigh, Kent, England, stepped outside the Hare and Hound pub and stabbed her former brother-in-law, Matthew Bryant, to death. She was convicted on May 1, the BBC reported. Although Langley “claimed in court that she had never intended to hurt her victim,” she started that violent evening by telling pub-goers, “Get a drink while he’s still alive.” Then she told Bryant, “You’re dead tonight.” After she stabbed him three times, witnesses heard Langley say, “I hope he’s dead.” She told arresting officers she had killed him, was glad she had killed him, and was happy to go to jail for it. She’ll be sentenced at a future hearing, probably to life. [BBC, 5/1/2024]

News You Can Use

Attention Tornado Alley dwellers: On April 30, as violent storms were coursing around the Midwest, two “rare” versions were detected near Loveland, Oklahoma, Fox Weather reported. Meteorologist Stephen Morgan acknowledged that “some strange things” popped up that night. Turns out, more than 98 percent of tornadoes spin in a counterclockwise direction. But that night, two tornadoes — technically called anticyclones — were found to be spinning clockwise. Morgan said the anticyclonic tornado “rotated around what you could call a ‘normal’ tornado. What we saw … was very rare.” The anticyclones are typically smaller and weaker than cyclonic storms. There were no reports of injuries in the area. [Fox Weather, 5/2/2024]

It’s Come to This

Stanislav Netesov of Moscow, Russia, was attacked on April 27 at a bus stop on his way home from work, Oddity Central reported. The assailants took his phone and knocked out one of his teeth. The next day, Netesov went to the Ministry of Internal Affairs to report the attack, but instead of taking his report, they accused him of a crime: dyeing his hair yellow and blue, the colors of the Ukrainian flag. Doing so is a punishable offense against the Russian army. Police took his fingerprints, handed him a summons to military enlistment, and told him they’d force him to “kiss his native soil in the trenches.” [Oddity Central, 5/2/2024]

Family Values

A 41-year-old mom in Newtown Township, Pennsylvania, was charged with DUI on May 6 after she ran into her 7-year-old son with her car in the parking lot of a Little League baseball field, WPVI-TV reported. After backing into the boy, the mom told police she didn’t realize he wasn’t inside the car. He suffered injuries to his ankle. Police said the mom had a “strong odor of alcohol” and “slurred speech.” She was taken into custody and later released. [WPVI, 5/7/2024]

NEWS OF THE WEIRD
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Reprinted with permission.
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