“The world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined $10 trillion net worth,” Bloomberg reports.
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Recent Posts
Why Mike Johnson Will Ultimately Prevail
Playbook: “The facts are pretty simple: House Republicans will choose the speaker. They will do so with the second smallest majority in American history and despite unanimous Democratic support for…
The Sirens’ Call
A must-read: The Sirens’ Call: How Attention Became the World’s Most Endangered Resource by Chris Hayes. Hayes writes in the New York Times: “Our attention is a wildly valuable resource,…
Meta Prepares for Trump 2.0
Business Insider: “Longtime policy head Nick Clegg — formerly an influential British politician — is leaving the company. Clegg’s replacement is Joel Kaplan, who has spent even more time at…
‘Our Information System Is Broken’
Former Rep. Tom Malinowski (D-NJ) notes that a provision in the 2022 Inflation Reduction Act which capped out-of-pocket costs for prescription drugs at $2,000 a year for Medicare enrollees took…
False Fox News Report Warps Coverage of Terror Attack
“An erroneous early Fox News report about the New Orleans terror attack is warping the political dialogue in the aftermath of the deadly rampage,” CNN reports. “The false report from…
Know Your Enemy
Los Angeles Times: “If Democrats want to understand why president-elect Donald Trump is returning to the White House, a good place to start might be the ‘Know Your Enemy‘ podcast,…
Matt Gaetz Agitates House GOP from the Outside
Former Rep. Matt Gaetz (R-FL) began his new gig on OANN by interviewing Rep. Thomas Massie (R-KY) who said he a “Hell No” on Speaker Mike Johnson. Save to Favorites
Exchange of the Day
Outgoing Rep. Patrick McHenry (R-NC), who served as acting speaker before Rep. Mike Johnson (R–LA) was elected in 2023, did an “exit interview” with Politico: POLITICO: How have you seen…
The First Global Oligarch
After pouring hundreds of millions of dollars into Donald Trump’s successful 2024 presidential campaign, Elon Musk is now shifting his focus to Europe, sparking accusations of election meddling in the…
The House Begins Voting at Noon
The House will convene at 12 p.m. ET and take a procedural vote before voting on a speaker. After both parties nominate their candidates, the House clerk will proceed to…
Quote of the Day
“At the end of the day — it’s just my theory — I’m gonna be right 80% of the time. These people have some kind of sexual problem. Most of…
Appeals Court Blocks Net Neutrality Rules
A federal appeals court on Thursday ruled that US regulators overstepped their authority by reinstating “net neutrality” rules governing internet service providers, dealing a blow to the Biden administration, CBS…
Why Elon Musk Will Win the Debate Over Visas
John Ellis: “The key to the future of global power is mastery of artificial intelligence. The nation that masters AI first will be the most powerful nation on earth. The…
Economy in Counties Trump Won Points to Challenges
“Donald Trump’s November election victory has often been explained as a reflection of anger about post-pandemic price increases for everything from groceries to housing,” Bloomberg reports. “But inflation was only…
Trump Has a Lot Riding on the Speaker Vote
“House speaker elections on Friday are less about Mike Johnson and more about Donald Trump,” CNN reports. “Johnson’s frantic fight to hold onto his job was still a cliffhanger heading…
Mike Johnson’s Critics Have No Clear Alternatives
“Even House Republicans who are skeptical about keeping Mike Johnson on as speaker acknowledge they have a persistent problem: Who could replace him?,” Politico reports. “As Johnson faces potentially a…
Elon Musk Upends U.K. Politics
“Elon Musk hijacked British politics this week with a stream of at least 60 X posts since Tuesday attacking Prime Minister Keir Starmer, defending an anti-Islam campaigner and endorsing the…
It’s a New Congress But the Same Problems
Punchbowl News: “And the 119th Congress will kick off with drama. Speaker Mike Johnson is facing an alarming revolt from conservative hardliners. Does this sound familiar? President-elect Donald Trump has…
John Thune Takes Charge in the Senate
“John Thune won election to the Senate in 2004 by conquering Senator Tom Daschle, the powerful Democratic majority leader, only to quickly face a mortal threat to his political future…
South Korea’s President Fends Off Arrest Attempt
“South Korean investigators failed to arrest the country’s impeached President Yoon Suk Yeol, thwarted by his armed Secret Service bodyguards in another tense showdown resulting from his short-lived martial-law decree…