The Citrini post argued that investors and workers hurt by AI will cut their spending, which they will. But if AI delivers big productivity gains, it will reduce prices and raise real income in sectors that aren’t displaced, causing other Americans to spend more. There’s no reason to believe that disrupting part of the economy will reduce overall demand. There are two distinct questions about the huge reaction to a report that didn’t actually contain any news. The first is whether the economic scenario the report laid out makes sense, to which the answer is no. The second is why investors are so on edge that such a report could elicit such an extreme reaction.
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For those who need a refresher, Citizens United was a 2010 ruling by a narrow majority on the Supreme Court that effectively removed all restrictions on political spending by wealthy individuals and corporations. Such spending must be undertaken by nominally independent organizations, but in practice so-called Super PACs (political action committees) coordinate closely with candidates and parties. The result of the ruling, which you can see in the chart, was an explosion of political spending by billionaires as well as industry lobbying groups. Citizens United is what enabled both Elon Musk and the crypto industry to play huge roles in the 2024 election. While both Tulsi and Noem are claiming the role of their agencies extends well beyond the defined limits of those roles, both do have a role in election security, which roles, in turn, have been lumped under national security.
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He framed the operation as an opportunity for regime change and described it as potentially a once-in-a-generation chance for freedom. His remarks marked a notable shift from deterrence language to overt political messaging aimed at Iran’s internal governance. In an opening statement that he posted on social media, Mr. Clinton acknowledged that he had a bondi bet casino relationship with Mr. Epstein and that he was willing to answer questions about it. But he insisted that he never knew about Mr. Epstein’s crimes and cut off his association with him long before his first guilty plea on sex crimes charges. The intelligence assessments ahead of the strike considered the likelihood of multiple scenarios playing out after a strike designed to weaken the current leadership. And U.S. officials stressed that the joint strike on leadership targets and military sites in Iran had created a high degree of uncertainty around all of the potential scenarios.
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- New York Times, Judges Grow Angry Over Trump Administration Violating Their Orders, Mattathias Schwartz, Zach Montague and Ernesto Londoño, Feb. 23, 2026.
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“As I have said for years, engaging with Jeffrey Epstein was in service of one agenda, which was fund-raising for Bard,” the college’s president, Leon Botstein, said in a statement. Many academics whose names appear within the Epstein files say they turned to him only because of his money and the possibility that it could underwrite college budgets and research efforts — even if their exchanges came after Mr. Epstein pleaded guilty in 2008 to soliciting prostitution from a minor. But America’s colleges and universities are chronically searching for money, a reality that brought academic leaders and researchers into both Jeffrey Epstein’s orbit and his inbox. As Mr. Bannon promoted himself as a strategist to populist and nationalist political parties abroad, Mr. Epstein tried to help him build connections. A torrent of text and email exchanges show that after Mr. Bannon and Mr. Epstein met in late 2017, Mr. Bannon promised to help Mr. Epstein rehabilitate his reputation. As Mr. Epstein’s legal troubles mounted in 2019, Mr. Bannon helped strategize a defense, the documents indicate.
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F.B.I. tactical agents have ferried her to a resort in Britain before a dinner at Windsor Castle and to an appointment at a hair salon in Nashville. Last April, agents in two SUVs stood guard outside a senior center in Ronald Reagan’s boyhood home of Dixon, Ill., while she sang for a few dozen young conservatives. The office disputed one aspect of a description initially submitted by The Times, which stated that Mr. Moring had indicated that he would consult Defense Secretary Pete Hegseth and asked whether anything about the account was inaccurate.
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Someone involved in the Epstein investigation in 2019 chose to pursue an allegation implicating Trump, during precisely the period when Geoffrey Berman was attempting to protect SDNY’s investigation into Rudy’s solicitation of dirt from Ukraine. Someone, likewise, chose to include those interviews in the discovery production to Ghislaine. Blanche also asked her, across both days, about what she remembered from her discovery, as if testing whether she had reviewed it closely enough to know about this allegation. One basic reason this matters is because by withholding these files, DOJ has created an information asymmetry, leaving Ghislaine Maxwell with information that she has but the rest of us don’t. As Sollenberger describes, it gave Ghislaine blackmail material against Trump.
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In its first 20 years, the CRA was used only once, but after Trump took office the first time, Republicans in Congress invalidated 16 rules that had been issued by the Obama administration. But once Trump got back into the White House, congressional Republicans dramatically expanded the authority of the CRA to include agency actions far beyond rules and the ability to claw back authority far beyond 60 days. “You began by talking about deceit,” Chief Justice Roberts said to Mr. Sauer. “Does what you said after that apply in the case of an inadvertent mistake contradicted by other documents in the record? ” Mr. Sauer’s answer, “We would say yes,” hung unsatisfactorily in the air as the argument proceeded for the next two hours.It’s worth remembering that Chief Justice Roberts is the head of the entire judicial branch. It is in that capacity that his vexation with Mr. Trump verges on acute concern.
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And this was problematic, because the costs of limiting emissions would be incurred right away, while the benefits of reduced warming would accrue decades later — and many of them would go to other countries. So action on climate appeared to require (a) international cooperation (b) persuading voters to accept costs now in exchange for a better world many years in the future. In a recent poll, YouGov asked Americans to rate twenty well-known presidents. It’s striking, I think, that only 11 of them received positive net favorability ratings from the American public. While the USSR absorbed neighboring countries as satellites, the U.S. and its allies and partners embraced a theory that international relations could achieve permanent peace so long as they emphasized representative democracy, economic interdependence, and international organizations.
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On one hand, the Islamic Republic remains the “granddaddy of state-sponsored terror,” a regime that has refined the art of asymmetrical warfare and hostage-taking since 1979. On the other hand, the regime is currently overseeing a domestic massacre, having recently slaughtered thousands of its own citizens who rose up against economic ruin and systemic repression. President Trump urged Iranian civilians to protest and then did nothing as they were massacred by the thousands. Paramount should enjoy its growing news monopoly while they have it because when Democrats win back power we are going to break up these anti-democratic information conglomerates.
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Adding local government welfare expenditures increases this total to $4.1 billion. Consequently, incorporating the need to maintain the real purchasing power of welfare expenditures more than doubles the implied burden on state governments because of the IEEPA-related tariffs. By analyzing crypto transactions, Binance investigators found that accounts on the exchange had moved funds to entities tied to Iran, a major foreign adversary that the Trump administration has been preparing to strike.
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Many questions remain about how much effort the United States will put into changing the Iranian government. Without any troops in Iran — which the Trump administration has said it wants to avoid — the U.S. ability to influence what comes next is limited, according to people briefed on the intelligence and planning for the strikes. But one of those scenarios suggested that a complete change in government was unlikely.
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- Epstein tried to leverage Andrew’s China ties for business introductions, however, there is no evidence that Epstein was ever successful in meeting or establishing contact with Xi.
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- Unabashed racism and antisemitism are part and parcel of MAGA’s verbiage and ideology.
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- Now that the president has suffered such a stinging defeat, major businesses including Dyson, FedEx and L’Oreal have filed an early barrage of lawsuits in search of hefty tariff payouts.
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Until this one.Without sarcasm, many Americans wonder if we can get back to a time when a “merely bad” president was the worst we could expect. In other words, we shudder at the possibility that the floor for presidents been permanently and completely eradicated so that future Donald Trumps are possible if not likely. Critics of the program, which include many labor unions, argue that it is ripe for abuse and displaces domestic workers. They point to examples like the 2015 decision to lay off 250 technology workers at Walt Disney World near Orlando, Fla., who were told to train their replacements with H-1B visas.
Those of us whose hearts go pitty-pat at their mention tend to be at best political junkies, at worst oddballs. I did not want to close the week without recognizing Americans’ championship hockey team, one that has demonstrated its excellence over 8 Olympics and managed to avoid paying homage to a virulently misogynistic, cruel, racist, and deceitful president. Mr. Clinton’s session with House lawmakers was expected to follow the same format that Hillary Clinton, the former secretary of state, sat through on Thursday. Her deposition, which lasted over six hours, appeared to yield no information about Mr. Epstein. The secretive network offers a glimpse into just how central one of the world’s richest men, who has a net worth of more than $650 billion, has made Texas to his operations and ambitions. More than 50 of his at least 90 companies there are subsidiaries or other entities affiliated with his business empire, such as the rocket company SpaceX and the electric vehicle maker Tesla, as well as his nonprofit Musk Foundation.
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Was supposed to be here, but we were told in no uncertain terms by our network’s lawyers, who called us directly, that we could not have him on the broadcast. Then I was told in some uncertain terms that not only could I not have him on, I could not mention me not having him on. And because my network clearly doesn’t want us to talk about this, let’s talk about this. In other cases, corporations have supported Barr as they scaled back efforts to promote diversity. Microsoft, for example, ceased publication of its annual diversity and inclusion report in 2025 and donated $5,000 to Barr. Last year, Wells Fargo “discreetly deleted its DEI page detailing a long history of diversity and inclusion work dating back to the early 1800s” and donated $5,000 to Barr’s campaign.
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- Summers, right, took a step back from his teaching duties late last year — and also left his job as director of Harvard’s Mossavar-Rahmani Center for Business and Government — amid a review into his ties to the late convicted sex offender.
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