When Piggly Wiggly Tried to Stick It to Wall Street
A century before GameStop, a stock market outsider took on short sellers. It was a spectacle and a disaster.
Today's Liberal News
Larry Summers Has Some Weird Fears About the Biden Relief Plan
He doesn’t fully spell out why he thinks Congress shouldn’t spend too much, because that would undermine his weird point.
Democrats push temporary Obamacare expansion in Covid bill
The bill, which the Ways and Means Committee will mark up later this week, would fully subsidize ACA coverage for people earning up to 150 percent of the federal poverty level and those on unemployment insurance.
If We Want to Defeat Covid, We Need to Boost Medicaid
States often reduce Medicaid benefits during economic downturns. Doing that now could prolong the pandemic.
Help! My Partner Says I’m Being Creepy When I Peer Into People’s Homes.
Am I doing anything intrinsically wrong?
‘The Democratic version of John McCain’
As the critical swing vote in a 50-50 Senate, Joe Manchin has emerged as the most powerful man in Washington.
U.S. backs Okonjo-Iweala, first woman and African, to head WTO
The decision breaks with the Trump administration’s opposition to Okonjo-Iweala and brings the U.S. in line with much of the rest of the world.
Economy will return to pre-pandemic level this year, CBO predicts
Employment levels, however, will not fully recover until 2024.
Biden confronts the limits of his executive power
Without help from Congress, he has few options to turn the U.S. economy around.
Fed’s Powell warns U.S. economy ‘long way from a full recovery’
“There’s nothing more important to the economy now than people getting vaccinated,” Jerome Powell said.
Rep. Cori Bush Denounces White Supremacist Violence from the Capitol Insurrection to Ferguson
With former President Donald Trump’s impeachment trial set to begin in the Senate this week, we feature the speech Democratic Congressmember Cori Bush of Missouri made Thursday on the floor of the House of Representatives to demand accountability for the attack on the U.S. Capitol. “On January 3, we stood together to swear our oath to office, to the Constitution. We swore to defend it against all enemies foreign and domestic,” Bush said.
Tuesday Night Owls: The case for providing guaranteed income to foster kids aging out of the system
Night Owls is a themed open thread appearing at Daily Kos seven days a week.
Mark Courtney and Shanta Trivedi at The Appeal write—The Case for Providing Guaranteed Income to Kids Aging out of Foster Care:
More and more in America, young adults rely on their parents and other relatives for housing and financial support well into their 20s.
$1.9 trillion is a lot, and Democrats intend to ensure all Americans realize what that money does
President Biden knows exactly what happened to President Obama, and he’s not going to let it happen again.
President Barack Obama is now universally credited, even by Republicans, for pulling this country back from the precipice of an economic catastrophe that would have been nothing short of a second Great Depression.
Trump apologist and right-wing radio host ordered to pay lawyers’ fees in defamation suit
Back in December of 2018, after a series of cancellations on Second Amendment platform NRATV, the axe came for right-wing Trump apologist Dan Bongino. The first reporting on the matter came from news outlet The Daily Beast and was accompanied by the headline: “Dan Bongino out at NRATV – BONGI-NO-MORE.
Harvard Law Review makes history with election of its first Muslim president
In another first for Muslim Americans nationwide, the Harvard Law Review, a prestigious law school journal, has named a Muslim as president for the first time in its 134-year history. According to Reuters, Hassaan Shahawy, an Egyptian American from Los Angeles, will join others who held the noteworthy position—including former president Barack Obama, who was the first Black president for both the review journal and the nation.
From Equality Act to health care, LGBTQ advocates ready to work with Biden admin to advance rights
In 2019, the U.S. House of Representatives under Democratic leadership passed landmark LGBTQ rights legislation that would go on to become one of the hundreds (yes, hundreds, here’s a full list courtesy of Daily Kos’ Meteor Blades) of bills blocked by Senate Republicans.
House Democrats Made The Case To Impeach Trump. His Legal Team Made Threats.
The House impeachment managers made a clear and emotional case for why the Senate must hold an impeachment trial. Trump’s lawyers? Not so much.
Why Trump’s Impeachment Lawyer Covered His Head While Sipping Water
Trump’s defense attorney David Schoen, an Orthodox Jew, was engaging in a Jewish ritual.
Even a Conservative Analysis Shows the $15 Minimum Wage Does More Good Than Harm
The Congressional Budget Office’s scoring of the proposed wage hike looks bad—because it was designed to be.
Trump’s Lawyers Lost the Day
“The mob was fed lies. They were provoked by the president and other powerful people, and they tried to use fear and violence to stop a specific proceeding of the first branch of the federal government which they did not like.”That’s what Republican Senate Leader Mitch McConnell had to say on January 21. McConnell did not rise to the leadership of the Senate Republicans by speaking idly.
Trump Now The ‘Mayor’ Of Mar-A-Lago, Lawyer Claims In Bid To Let Him Live There
The former president in 1993 promised the town he would not live at Mar-a-Lago if they gave him permission to convert the estate into a for-profit social club.
“Stuff Happens”: The West Texas Lawyer Who Appeared as a Big-Eyed Kitten in Zoom Court on His Harrowing Ordeal
“You try to present your best face to the district judge, instead of an image of a cat.
Trump Impeachment Lawyer’s Performance Gets Trashed On Newsmax
“I have no idea what he’s doing,” Alan Dershowitz, who represented Trump in his first impeachment trial, said of Bruce Castor’s defense.
Why Jamie Raskin’s Speech Resonated
The emotional high point of Donald Trump’s second impeachment trial probably came in its first hours.Closing out the opening presentation from the Democratic House managers, Representative Jamie Raskin of Maryland offered a powerful speech in which he choked back tears as he recalled the attempted coup of January 6.
“Inheritance”: A Live Virtual Event
“Inheritance” is The Atlantic’s new project about American history, Black life, and the resilience of memory. In a live virtual event, The Atlantic will gather leading writers to discuss how Black history has been buried—and what unearthing it will look like.The event will feature the Atlantic editor in chief Jeffrey Goldberg, staff writer Adam Harris, senior editor Vann R.
Trump Lawyer: Impeachment Could Bring About A Second Civil War
David Schoen said the trial of Donald Trump “will tear this country apart, perhaps like we’ve only seen once before in our history.
Biden administration to begin shipping vaccines to health centers
The program’s launch comes as White House officials are trying to address inequities in the nation’s vaccination push.
The Weekly Planet: Hail! It’s America’s Most Underrated Climate Risk
Every Tuesday, our lead climate reporter brings you the big ideas, expert analysis, and vital guidance that will help you flourish on a changing planet. that it would no longer insure hundreds of midwestern car dealerships because of “catastrophic” hail damage.Second, I’m intrigued by who the study’s authors are. Kubicek and his colleagues have scientific credentials, but they’re not academics.
Preparing for “Yardi Gras” in New Orleans
Most of the traditional Mardi Gras activities in New Orleans have been canceled this year because of the ongoing pandemic. But locals have spent their time and effort working on safe alternative celebrations to keep the spirit of Carnival alive—including the decoration of hundreds of houses in the style of Mardi Gras floats. The Krewe of House Floats has worked with people across the city and is listing participants on a map.