Here's the truth: Elon Musk doesn't want restrictions on his investments in China, and that's why we're on the brink of a government shutdown.
The first scandal of Trump's second term looks like a lot of the others: putting personal financial interests above the country's.
There's been a lot of whitewashing of insurers' role in the health care system. @moetkacik is having none of it.
We've looked at several whistleblower lawsuits against UnitedHealth. A quid pro quo has emerged: bonuses for doctors in exchange for steering to UHC insurance plans.
This assassination is the kind of act political thinkers have been warning against for centuries. There's a reason the rich and powerful shouldn't all be sociopaths, as the social contract goes both ways.
thebignewsletter.com/p/an-assassin-…
1. The conventional explanations for food deserts—that these places are too poor or too rural to generate enough spending on groceries, or too Black to overcome racist corporate redlining—fail to grapple with a key fact: food deserts didn’t used to exist. theatlantic.com/ideas/archive/…
After Jeff Bezos canceled the Post's endorsement of Harris and publicly kissed Trump's ring, many people canceled their Post subscriptions. But the better move is to stop shopping on Amazon. You have options! My colleague @kennedysmith has a guide for you: ilsr.org/articles/its-t…
I'm bad at promoting in-the-weeds, regulatory-heavy stories but I hope you'll read Sunday's @ajc investigation into the ways assisted living/personal care homes (the wild west of senior care) face few repercussions when the elderly are neglected ajc.com/news/georgia-n…
New: Lincare, the nation's largest distributor of home oxygen equipment, has repeatedly violated Medicare rules and probation agreements, victimizing ailing patients and costing taxpayers huge sums. The federal government has done little to stop it. propub.li/3US1DCi
This is a superb piece from @rkuttnerwrites.
The homeowner insurance industry is not suffering from hurricane-related losses. They're using them to jack up rates on policyholders in no danger.
prospect.org/economy/2024-1…
Newsletter: We need to stop covering everything that Mark Zuckerberg, Sam Altman and Elon Musk does, and stop acting as if they're somehow smarter, better or superior to the rest of humanity. They're conning the media, and something has to change.
wheresyoured.at/rockstars/
Our latest piece in our Cold Civil War series is from @BisforBerkshire.
It's about how, for all the bluster about culture wars in education, that's really being used as cover in red states to enact universal school vouchers & disinvest in public schools.
prospect.org/education/2024…
In today's column, I argue that one reason there are 80 million streaming series about cults is that people are desperate to understand Trumpism, but traditional media is failing to satisfy that need. prospect.org/politics/2024-…
NEW: There are 100s of allegations of price-gouging after Hurricane Helene & before Milton. Kamala Harris proposed a federal price-gouging ban for just these moments. But the economists who savaged it at the time aren't budging in the face of new evidence.
prospect.org/economy/2024-1…
engineered scarcity is the term I use in my book to describe the impact of monopoly power in driving inflation. Here's McDonald's accusing meatpackers of employing this tactic to manipulate prices news.bloomberglaw.com/litigation/mcd…
This week's monopoly round-up is out. Over the past two years, Fed transferred $3k from every single American to the big banks. Finally, however, someone is standing up to them and saying no. His name is Rohit Chopra. thebignewsletter.com/p/monopoly-rou…
The largest population center of a swing state that could decide the election is now being poisoned by a massive fire at the kind of chemical plant that woulda been more stringently regulated until Donald Trump blocked tougher safety rules.
Pass it on. levernews.com/the-toxic-loop…
100k are sheltering in GA after a massive chemical plant explosion, third one in four years at a BioLab. A private equity firm owns it, did a firesale in June to extract $850M and $1.9B via dividend recap in 2020. Could be a bankruptcy play w/ @moetkacikprospect.org/power/2024-10-…
Leaked docs: While Gaza starved, USAID and State's refugees bureau came to a legally explosive conclusion — Israel had deliberately prevented food & medicine from getting in
But Blinken told congress the exact opposite, so the arms could keep flowing. propublica.org/article/gaza-p…
Antitrust Division chief Jonathan Kanter gave a critical speech recently about corruption and conflicts of interest in the economic profession. @rkuttnerwrites explains how economics has long served as an apologist for raw capitalism. prospect.org/economy/2024-0…