Wall Street Don Deals More Liar’s Poker

When last we checked in on Trump’s new media company, which has the full name of Trump Media & Technology Group (TMTG) and trades on Nasdaq under the monogrammatic ticket symbol DJT, the shares had gone public at around $60 a share, spiked close to $80 (giving the company a $10 billion valuation), and then—to use a Wall Street cliché—“consolidated” closer to $40 a share. Now, as Trump is mounting a “napping defense” in his New York City criminal trial, shares in Trump Media have fallen to $36 $29 $25 $22 a share, wiping out billions of dollars in DJT market capitalization. More

Roaming Charges: How to Kill a Wolf in Society

There are many ways to kill a wolf in America. But most of them are mundane and prosaic. They’re not likely to bring you acclaim and notoriety. Few will hear about your feat if you simply gun down a wolf from a helicopter, kill a wolf with an M-80 cyanide bomb, pour gas into a wolf den filled with pups and strike a match, put out a contract on a wolf with a hired killer from the government, track down a wolf with a drone and shoot it with a long-range rifle and telescopic scope, inject rat poison in an elk carcass and wait for wolves (and whoever else) to feed on it and die an agonizing death, run one over with your cybertruck or, like the current Governor of Montana, catch a wolf in a trap and then after it has struggled to free itself for a few painful days heroically shoot it. More

Behind the Musk/GOP Lying Campaign Against Brazil’s Judiciary

On April 3, Michael Shellenberger tweeted a series of excerpts from emails by X executives dubbed, “Twitter Files Brazil”, which alleged to expose crimes by Brazilian Supreme Court Justice Alexandre de Moraes. Moraes, he claimed, had pressed criminal charges against Twitter Brasil’s lawyer for its refusal to turn over personal information on political enemies. Elon Musk quickly shared the tweets and they viralized and were embraced by the international far right, to the joy of former President Bolsonaro and his supporters. A week later, Estela Aranha, former Secretary of Digital Rights in the Brazilian Justice Ministry, revealed rot at the heart of Shellenberger’s narrative. More

Overdue for an Eruption: Capitalism, Politics, Americans and Volcanoes

The fact that all of the humanity-denying, climate-destroying hi-jinx seems to be coming to a head will undoubtedly mean some misery for those of us living through this time. But in the same way that historical (or economic) determinism implies a starting point and consequences, we may be living through the seeds that spread–that this is no way to live. We all know it in our hearts, that is, those of us not in the “ruling class”. I still use that term in homage to Aaron Bushnell. More