A rather amazing column by the Post’s Dana Milbank about the situation in Nevada outside of Las Vegas. All the Big Lie stuff you’d imagine. But just a complete gutting of the officials who’ve administered elections for decades and replacing them with conspiracy theorists who at best simply have no experience administering elections. In other words, chaos by design if not always strictly by intention which further makes elections into a circus and gives GOP officials their opening to simply step in and declare winners because the elections have been too chaotic.
Who’s Footing Elon’s Bill?
It’s quite difficult to see from the business press whether Elon Musk’s purchase of Twitter is about to go through or not. But if it does it will be critical to look closely at the identities of the foreign and sovereign wealth fund investors who are behind his purchase.
There are good arguments that Musk is purchasing it at as much as four times its actual value. Before he expressed interest in the purchase it was trading at little more than half the agreed purchase price. Put it yet another way, Musk is buying Twitter for almost 50x EBITDA. That happens in the hockey stick world of tech sometimes. But Twitter is not an early stage company.
Yesterday it was reported that Musk plans to cut some 75% of the workforce and radically scale back content moderation. That may be music to some people’s ears for ideological reasons. And it certainly may cut costs. But it won’t be good news at all for any plausible path toward making Twitter profitable or growing its value in a way that makes a successful exit possible.
Continue reading “Who’s Footing Elon’s Bill?”What Kind Of Game Is Trump Playing With The Special Master?
President Trump appears to have doubled down on Friday in his bid to delay and muddle the work of the special master who he wanted appointed in the Mar-a-Lago records case.
Continue reading “What Kind Of Game Is Trump Playing With The Special Master?”Jan. 6 Committee Issues Trump Subpoena With Special Focus On His Use Of Signal
The January 6 Committee issued a subpoena to President Trump on Friday, demanding that he answer for what the panel described as his attempt to “overturn an election and obstruct the peaceful transition of power.”
Continue reading “Jan. 6 Committee Issues Trump Subpoena With Special Focus On His Use Of Signal”Biden Vows He ‘Will Not Yield’ To GOP’s Debt-Ceiling Extortion On Medicare And Social Security
President Joe Biden vowed Friday that he “will not yield” to Republicans’ plan to hold the debt ceiling hostage in exchange for cuts to Medicare and Social Security.
Continue reading “Biden Vows He ‘Will Not Yield’ To GOP’s Debt-Ceiling Extortion On Medicare And Social Security”Special Master Calls Out Trump For Blown Deadline
After President Trump blew a deadline in the Mar-a-Lago documents case, the special master called him out and gave him to the close of business today to remedy the delinquency.
Continue reading “Special Master Calls Out Trump For Blown Deadline”What Trump Had Stashed at the Villa
We’ve got a lot going on today. But I want to be sure you see this report from the Post. Many of the documents retrieved from Trump’s personal residence at his villa and in public storage areas contained highly, highly classified documents about Iran’s ballistic missile program as well reports from intelligence programs about China. It’s hard to overstate just how sensitive and highly guarded these documents are.
The Post notes that “many of the more sensitive documents Trump or his aides apparently took to Mar-a-Lago after he left the White House are top-level analysis papers that do not contain sources’ names.” But a foreign intelligence service can often infer based on the nature and findings of an intelligence effort who was talking or which vulnerabilities were being exploited.
Continue reading “What Trump Had Stashed at the Villa”WaPo: Iran, China Intel Was Among Classified Docs Seized At Mar-a-Lago
Intelligence relating to Iran and China was found among the classified records seized at Mar-a-Lago in August, the Washington Post reports.
Continue reading “WaPo: Iran, China Intel Was Among Classified Docs Seized At Mar-a-Lago”Re-Boris Plan Sweeping UK
Just after soberly noting that in some ways the UK political fabric appears stronger and more resilient than our own I’m hit with this news: a return of Boris Johnson to Number 10 is rapidly emerging this morning as a real possibility. Johnson along with Rishi Sunak and Penny Mordaunt (somehow not a Bond series name) appear to be the three contenders now.
Bannon Sentenced To Four Months In Prison For Contempt Of Congress
A D.C. federal judge sentenced Stephen K. Bannon to four months in prison on Friday for contempt of Congress, charges that stemmed from him dodging a subpoena issued by the January 6 committee last year.
Continue reading “Bannon Sentenced To Four Months In Prison For Contempt Of Congress”