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Benito Bowl and Gerrymandering Armageddon w/David Daley & Usamah Andrabi (Ep 319)
Starmer says he will not resign amid Epstein fallout
A senior leader in Starmer’s own party became the first political heavyweight to demand his resignation Monday.
Japan stocks hit highs on 'Takaichi trade'
Defense and tech-related sectors in particular saw gains.
Alphabet tees up rare 100-year bond
No tech company has sold a century bond since IBM during the late 1990s dotcom frenzy.
Hong Kong’s IPO scene bounces back
Shares of Chinese chip designer Montage Technology soared on Monday following the company’s IPO, the latest sign of Hong Kong’s market rebound.
Takaichi's decisive win alters Asia power calculus
Some Japanese officials are hopeful China will seek a diplomatic off-ramp because Beijing knows Takaichi will likely be around for a while.
Exxon Abruptly Drops Lawyers Who Were Named in Epstein Files
It seems even giant oil companies have more scruples than the Trump administration and its allies.Exxon swiftly dropped a couple of its longtime lawyers earlier this month after the attorneys’ names were revealed in the Epstein files, the sprawling investigation into prodigious child sex trafficker Jeffrey Epstein.Exxon and Paul, Weiss, Rifkind, Wharton & Garrison notified courts in Connecticut, Hawaii, Maine, and Washington state that the white-shoe law firm would no longer represent the company in several cases attempting to hold the oil behemoth accountable for climate change, reported Politico’s climate newswire E&E News.Attorneys with Paul Weiss will continue to represent Exxon in a case in Massachusetts. No other law firms withdrew their staff from the aforementioned cases. The legal filings did not provide a specific reason for the firm’s departure, but they came amid growing public scrutiny related to Paul Weiss’s longtime chairman, Brad Karp, who was recently revealed to have had email exchanges with Epstein. One such exchange drew particular ire from the firm’s partners, documenting an instance in which Karp offered his pro bono legal opinion on a plea deal related to Epstein’s solicitation of a minor for prostitution. Karp spent his entire 40-year career at Paul Weiss and led the firm as chair for 18 years. As such, he helped build the careers of many of the attorneys at Paul Weiss. Under his stewardship, the firm became Exxon’s chief legal defense, representing the company in more than a dozen consequential cases. He was stripped of his leadership position at the company last week, citing recent “distractions,” though he will stay on as partner.Yet Republicans in Congress—and presiding officials in the Trump administration—have so far failed to hold anyone named in the Epstein files accountable. Perhaps most notable of the scot-free bunch is the president himself, who was mentioned more than 38,000 times in the latest batch of Epstein files.All in all, Donald Trump was flagged in more than 5,300 files in the document cache. But last week, Deputy Attorney General Todd Blanche claimed that the DOJ reviewed the files last summer and did not find credible evidence against the president warranting further investigation.
Trump Begs People to Keep Liking Him as His Global Popularity Tanks
Donald Trump’s White House is urging Americans not to be “Panicans” as the president’s approval ratings continue to slip around the world. In an article published Monday titled “Don’t Be a Panican. We’re Winning—and We’re Not Slowing Down,” the White House begged Americans not to “take the bait” presented by the “Fake News and Radical Left.” Instead, they should embrace the government’s “undeniable” truth. “America is safer, stronger, richer, and more secure than at any point in decades,” the White House said. Who said propaganda had to be subtle? What exactly is the “bait” the White House is worried Americans will take? What they’re seeing with their very own eyes. In the last month, the Trump administration has overseen and defended the killing of two American citizens in broad daylight, detained children, and terrorized immigrants and protesters. If the White House was actually concerned about Trump’s popularity, the president could try to stay away from the easy pitfalls of harassing Olympic athletes and one of the most popular musicians in the world. And there’s also the matter of sharing videos so appallingly racist that one Republican said he was “praying” it wasn’t real. (It was.) The truth is that the so-called “Panicans” are coming, because panic is spreading. A recent poll found that the majority of Americans believed that Trump’s first year in office was a failure—and that was before any of the stuff in the previous paragraph happened! Things have gotten so bad that even voters without a college degree—one of Trump’s key demographics—are abandoning the president. Where exactly does the White House hope to redirect your attention? To the Dow Jones Industrial average, which closed at above 50,000 points last week. Meanwhile, Americans are staring down the most dismal jobs market since the pits of the pandemic, and many grocery store items only become more expensive—despite the president’s repeated promises to lower them.As George Orwell wrote, “The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” Of course, the “most essential command” of a fascist regime should never include a stupid word the president made up—but really, what could be more Orwellian than that?