Twitter will be acquired by billionaire Elon Musk, and will become a private company.

From the press release:

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” said Mr. Musk. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

From TPM Reader DF …

I appreciate the sentiments of RS and PT regarding the impact of BBB’s failure on Dem morale, but it’s not an excuse for the abject failure of the national Democratic Party to not only launch an effective midterm campaign, but defend themselves and their voters. That’s not a result of BBB; it’s a deliberate decision from Biden’s political team to “lower the temperature” that has filtered down to the national party.

I would not say it is surprising that we’ve gotten a lot of emails on this “single point of failure” conversation we’re having. After all, it’s really the central issue about what happened in 2021 and why and what that means for the future of the Democratic party and the country. But even with all that, wow … it’s like a flood of emails. And that’s wonderful. I’m going to be publishing more throughout the day. But I’ve developed a feel over the years for the scale and pace of reader emails and this has really struck a nerve. Not a surprise, no. But still stands out.

From TPM Reader SC …

I agree with you on “single point of failure”. I spent most of last year hoping you were right that BBB in some form would pass but also fearing it might not. I put on a pretty good false bravado about it passing; I didn’t fully believe it.

What got my goat was this “trifecta” nonsense.The Democrats NEVER had both houses of Congress. They NEVER had more than nominal control. And therefore it is silly to blame “The Democratic Party” as if it was some monolith. It never was.

Commentators are alternatively seeing the French election as a victory for Marine Le Pen, who exceeded her 2017 showing by eight percentage points, or as a death knell for right-wing populism. I’d say it was neither. The results reflected the peculiarity of the times and of French politics.

Everyone is breathing a sigh of relief if not for the fact that Emmanuel Macron won the French election than the fact that Marine Le Pen was defeated — and fairly handily. You can be cheered that he won with almost 60% of the vote or sobered by the fact that she got more than 40% and significantly increased her 2017 margin. To me the more striking reality is that there now seems to be in effect two parties in France — a big-tent civic democratic party and a rightist nationalist, revanchist party. The former is winning the elections for now. But no one wins every election.

In 2017 it all seemed contingent. But now it seems more like the norm, the structure of French politics as opposed to a one off situation driven by a series of surprise events.

From TPM Reader EF …

Like many others, I am disappointed and frustrated that BBB did not pass or that Manchin played Lucy with the football so that he could occupy center stage for a year.  I also worry about the demoralizing effects of the process.  But, c’mon folks, get real.  FDR had 70 senators when the New Deal was passed.  Obama barely got the ACA passed with 60 (and then 59 after Kennedy died near the finish line).  Getting BBB done in even its skinnier form was always a longshot with a tied Senate. 

TPM Reader RS responds to PT and myself on the single point of failure …

What both you, Josh, and reader PT failed to point out explicitly was that every Democratic leader – President Biden, Senate Majority Leader Chuck Schumer and Speaker Nancy Pelosi – said repeatedly and publicly, that these two bills, BIF and BBB, were linked. That both would pass Congress or neither would reach the President’s desk. Biden even said that he would only sign BIF if BBB also passed both houses of Congress.

They ALL LIED, and unlike GOP voters, there are electoral consequences for blatantly lying to Democratic voters.

From TPM Reader PT …

You and numerous other observers have commented on the peculiar passivity of the Democrats going into what was always going to be a challenging midterm election, which will of course be even more challenging if they don’t really make much of an effort to contest it. What could be responsible for this malaise in the party?

tl;dr: Joe Manchin.

One of the abiding features of early 21st century American politics is that a lot of change on the right happens in the subterranean world of what we used to call “the Crazy.” In the pre-Trump years it’s not that any of this was really hidden. It wasn’t subterranean in that sense. But it was off the radar of most of conventional journalism and the mainstream political discourse because it wasn’t serious. It wasn’t real. It was just crazy antics on the margins. But as we’ve tried to chronicle for decades now, that was never the case. That was the real GOP politics. It controlled and drove the presentable mainstream leaders — the Boehners, Ryans, McConnells and more. The ascension of Donald Trump was in many ways a simple inversion of this dynamic, putting “the Crazy” in formal and open leadership of the party.

Something has happened as recently as the last four to six weeks that follows this pattern, is important and dangerous and is still mostly coasting under the radar of “proper” U.S. political discourse and reporting.