LIVE COVERAGE
Life Projections: On Swamp Creatures and Pedo Besties
Kudos to VJayBombs, ingenious street artists who once emblazoned L.A. with projections of ICE hauling off Jesus, and who just hit D.C. to plaster “Guardians of Pedophiles" on the Kennedy Center's "literal cover-up" and murky regime minions - bats, worms, turtles - on the besieged Reflecting Pool. Growing more ideological as the fascist stakes rise, they use peaceful but splashy projection bombing to "make our voices heard," sensibly arguing, "If you're gonna say something, say something."
It seems only apt an anonymous collective of renegades chooses as weapons the visual tools of their oppressors, slathering multiple regime cover-ups - like the attempted removal from National Parks of information on slavery and other historical facts that “disparage Americans past or living” - with their own rowdy retorts. Large-scale, dissident projections are part of a relatively new protest tradition, "accessible, disruptive, but not violent," that evidently grew from the Occupy movement. In 2013, using an Illuminator- like projector that came out of a car roof like a turret, one Charles Lechner projected an image of a ballot box stuffed with dollar bills onto Michael Bloomberg’s New York apartment; the Mayor, unamused, had him arrested.
VJayBombs began about ten years ago when three filmmakers and neighbors in a Koreatown apartment complex startedprojecting abstract visuals onto nearby buildings during house parties. That pastime evolved during the lead-up to the 2024 election into "Life's Projections," peaceful guerrilla protest that "sits right in the sweet spot of all our skill sets"; they now have over 300,000 online followers and merch - ICE guy with gun: "Our humanity" - to help raise funds. Moving through group chats, location-scouting, brainstorming - what will resonate, how to highlight absurdity and communicate clearly in seconds - they've progressed from "total novices" who blew a fuse by trying to run power through a car lighter to a large-venue projector.
Their goal is to effectively merge message with architecture in a story that unfolds like a digital billboard or comic strip and gets "the longest legs online - as many eyes as possible." Their projections across L.A. have ranged from No Kings messages to Matt Gaetz as Butt-Head to a spoof of Trump's endless, babbling State of the Union speech, with Trump holding the Statue of Liberty hostage amidst flashing messages of "Immigrant Bad!" and “Forget the Files!” A Super Bowl parody, "Redacted Bowl," featured Trump and cronies as football players with their stats matching their references in the Epstein files. Last week's UFC cage match became Donald Trump vs. the Epstein Files celebrating "the pound-for-pound best cover-up in history."
D.C.'s besieged Kennedy Center and besmirched Reflecting Pool were logical, tempting next stops. A week after a court ruling forced the removal of the vile Trump name from the Center, the tarp hung in the dark to hide a snowflake narcissist's shame and fury from a gleeful crowd is still there, obscuring not just the spot where the name allegedly came down but the entire facade. In a June 19 court filing, Center lackeys say it's to do maintenance on the marble. Lawyers for Rep. Joyce Beatty, who filed the lawsuit behind the ruling, say it's merely a lame move to soothe "broken egos,” one that both conceals whether officials have in fact complied with the court and that reduces a once-vaunted arts venue into a "lifeless husk."
Frustrated visitors to the site have their own ideas: One suggested Trump is focused on "trying to deface America’s symbols before he finishes defacing the country," and another proposed using the tarp to cover the brackish debacle that is now the Reflecting Pool. Others have simply moved on to pay tribute to VJayBombs artists for giving Trump "a lesson in the law of unintended consequences" and projecting "what we all wanted" on the Kennedy Center: A "Guardians of Pedophiles" montage of Trump, Epstein, regime toadies - Bondi, Johnson, Patel - with, "No one bends the knee like the GOP,” and a guy climbing a ladder towards the name "Donald," its letters slowly cascading down to form the word "pedo."
In their weekend art spree, VJayBombs also took to other D.C. landmarks. At the Lincoln Pool, they placed in that now-sorry site a fitting array of swamp creatures: McConnell as turtle, Hegseth as crocodile, Vance as worm, Rubio as fish, Stephen Goebbels Miller a bat hanging upside-down, bald head glinting. At the DOJ, Ted Cruz popped up as a grotesque sex worker in Trump underwear. Hard to unsee, but VJayBombs argue, these dark days, it's "more important than ever to use whatever skills we have to push back." Their art "gives people a new way to engage," they say. "We all have more power than we think...Real change doesn’t come from one big event - it comes from countless small acts that, together, move the needle."
Canadian Youth, Groups Sue Over Carney 'Failure' on Climate Crisis
"You cannot abandon the map and still expect to reach your destination. Yet that's exactly what the federal government has done with its 2030 climate plan."
That's according to Charlie Hatt, climate director at Ecojustice, Canada's largest environmental law charity and one of the groups that partnered with a trio of young citizens this week to challenge Prime Minister Mark Carney's "failure" to bring the country's 2030 emissions reduction plan into compliance with a key federal law.
"Right now, its only climate plan is a plan to fail—and that's not just irresponsible, it's unlawful under the Canadian Net-Zero Emissions Accountability Act," said Hatt. "Neither the climate nor the law can tolerate rollbacks today in exchange for promises of action many years from now."
The act requires the federal government to set science-based climate goals, create a plan to achieve them, and report on its progress. However, Carney has recently pursued various rollbacks and boosted fossil fuel development, putting his nation's 2030 emissions reduction target out of reach—which the groups and young people argued violates the law.
"Everyone in Canada deserves to be safe and healthy," said Dr. Samantha Green, president of the Canadian Association of Physicians for the Environment. "Instead, our government is putting people at risk by dismantling key climate policies without a credible plan to reduce emissions. Climate change is not an abstract future threat: It is a public health emergency that is already harming patients and communities across Canada. That's why CAPE is joining this lawsuit."
The fossil fuel-driven climate emergency isn't just a danger to public health. As Environmental Defence's Julia Levin noted, Canadians "are paying the price through wildfires, heat domes, rising food insecurity, and high costs of living."
"PM Carney is betraying Canadians by taking a wrecking ball to our hard-fought climate progress," Levin declared, accusing the Liberal Party leader of following in the footsteps of Big Oil-backed Republican US President Donald Trump.
"The rest of the world is rapidly adopting clean energy systems that are already more reliable, affordable, and secure than fossil fuels," she said. "Meanwhile, our prime minister is copying President Trump's playbook, ensuring that Canada will be left behind."
Carney's climate policies as prime minister—especially compared with how he talked about the crisis before rising to his current position last year—have frustrated many citizens and left "climate-anxious voters... feeling a major case of buyer's remorse, disoriented by the dissonance between who they thought they were supporting and a climate plan that is now a complete shambles," as Canadian climate writer and activist Seth Klein wrote for The Guardian last month.
Youth applicants in the new legal fight made that frustration clear on Tuesday. Montréal, Quebec-based climate organizer Shirley Barnea said that "the Carney government's gutting of climate policy is a massive insult. After presenting himself as a climate leader, our prime minister is now abdicating responsibility—to Canadians, to future generations, to the law. As long as governments continue ignoring climate science and rolling back protections for our futures, young people will continue taking them to court."
Marie Maltais, who is from Sainte-Catherine-de-la-Jacques-Cartier, Québec, and has advocated for the climate since her early teens, said that "my generation has grown up surrounded by climate disasters and broken political promises to address them. We're told to trust the government's climate commitments—but commitments mean nothing without a real plan behind them."
Sudbury, Ontario-based Sophia Mathur, an early participant in Greta Thunberg's Fridays for Future movement who recently met with Carney and urged him to keep his climate promises, added that "young people are being handed the consequences of decisions we didn't make. We are going to live with the impacts of unchecked climate change for the rest of our lives—so we're standing up for our futures, now."
The young citizens and advocacy groups are seeking a court order that would compel Carney to comply with the Canadian Net-Zero Emissions Accountability Act, stressing that "climate change is an existential threat to all Canadians."
110 Days of Trump's Iran War Cost US Consumers $53 Billion Extra in Raised Gas Prices
President Donald Trump said on Wednesday that if his war in Iran continued much longer, the US could have faced "economic catastrophe" with gas prices expected to soar as emergency oil reserves were exhausted.
But new reports suggest that although the war appears to be coming to an end and the Strait of Hormuz is reopening, extraordinary irreversible damage has been done, and the economic consequences will be felt well into the future.
The Institute on Taxation and Economic Policy (ITEP) estimates that as a result of the war, Americans have paid nearly $54 billion extra for gas and fuel, amounting to more than $400 per household, than if the war had never started.
Trump on the Iran War MOU: "I didn't want to see economic catastrophe. If you kept this going, that could have happened."
It's honestly a surreal minute to watch:pic.twitter.com/K7ZRPYklV5
— Rory Johnston (@Rory_Johnston) June 17, 2026
In the wake of the memorandum of understanding signed between the US and Iran, Trump has tried to claim credit as average gas prices have fallen below $4 for the first time since the early days of the war in March. However, gas still costs 25% more than it did last year.
This state of affairs can be expected to continue into the future. As The Associated Press reported Thursday morning:
Even as gas prices start to decline, it is anticipated to take weeks or months for oil to start flowing through the Strait of Hormuz again...
And Gulf oil producers that throttled back production will need time to get the oil moving again. Analysts also say ship captains may take their time to decide if passage is safe and that the threat of attack from Iran has truly receded.
In addition, refineries typically pay for crude oil a month or more in advance, so even after oil prices drop, they won’t immediately be processing cheaper products.
Fighting over the Strait of Hormuz disrupted not only supplies of crude and refined fuel but also the supply chains for fertilizer, food, and even footwear. Businesses expect higher costs to linger, which means their customers might need to prepare for that too.
Patrick De Haan, a petroleum analyst at GasBuddy, told CBS News it will be “a very long, multi-month to multi-year process for things to fully normalize,” and that it could take “until potentially mid-to-late 2027” for gas prices to return to pre-war levels.
Even as Americans, and indeed consumers around the world, continue to see their pocketbooks drained in the coming months, there is one big winner here: the fossil fuel industry.
An analysis released on Thursday by the environmental group 350.org shows that over the course of the war, households and businesses have paid the oil and gas industry an additional $374 billion in profits due to higher prices driven by the war.
Based on pricing scenarios from the International Monetary Fund, the group projected that even with the Strait of Hormuz open, the amount siphoned off could balloon to over $700 billion by the end of the year.
"Even if the Strait of Hormuz reopens tomorrow, we should expect prices to remain above pre-crisis levels," said Andreas Sieber, 350.org's head of political strategy. "We witness not only a massive fossil fuel crisis but a vast upward transfer of wealth built on instability of fossil fuel markets and pain."
Susan Collins Ads Brag About $190 Million for Rural Hospitals. It’s a Band-Aid on the Gaping Wound She Helped Inflict
In recent weeks, Mainers have been inundated with ads touting Republican Sen. Susan Collins' role in securing passage of a $50 billion fund aimed at shoring up beleaguered rural healthcare systems across the US—including $190 million earmarked for her state.
But the ads, purchased by Collins' campaign directly and by the dark money group One Nation, neglect to mention a key fact: The Republican budget law that implements the Rural Health Transformation Program (RHTP) also contains the largest cuts to Medicaid in the program's history, rendering the $50 billion fund a mere Band-Aid on a massive wound.
According to one analysis, the GOP law's estimated cuts to federal Medicaid spending in rural areas over the next decade will amount to nearly triple the RHTP's funding. Maine is expected to lose nearly $3 billion in federal Medicaid funds over the next 10 years due to the Republican law—a massive hit that the pro-Collins campaign ads predictably avoid.
Collins, who is running for a sixth term against Democratic nominee Graham Platner, emphasizes that she voted against final passage of the GOP budget legislation, known as the One Big Beautiful Bill Act (OBBBA). But Collins cast a decisive procedural vote that allowed the bill, which also delivered massive tax breaks to the wealthy and large corporations, to advance to the Senate floor, where her Republican colleagues did the rest. President Donald Trump signed the bill into law last summer.
"Susan Collins is only bipartisan when it doesn't matter," declares a 30-second ad unveiled Wednesday by the Platner campaign, which highlighted the incumbent senator's vote to advance the OBBBA and pilloried her reputation as a "moderate."
The Republican law's Medicaid cuts, which total nearly $1 trillion, are expected to cost Maine hospitals $66 million per year in revenue and strip health coverage from tens of thousands of residents—projections that Collins' ads omit.
"Maine will be forced to offset budget holes caused by this bill by terminating coverage for families, eliminating essential health services, and cutting provider rates so drastically that doctors and hospitals are forced to close their doors—particularly in rural communities," the advocacy group Families USA warned in an analysis of the Republican budget measure. "Hospitals like Cary Medical Center and Northern Light AR Gould Hospital in Aroostook County, Northern Light Maine Coast Hospital in Hancock County, and Calais Community Hospital in Washington County will be at greater financial risk of closing due to Medicaid cuts in the bill."
"While more funding for rural healthcare is always welcome, political messaging about new funding cannot obscure the reality for states."
Nationwide, the impacts of the Medicaid cuts—which include new work requirements and other bureaucratic barriers—are expected to be devastating for years to come. A tracker maintained by Protect Our Care shows that more than 1,000 hospitals, clinics, wards, and nursing homes are "facing closure or cuts" following OBBBA's passage.
Maine Family Planning, the state's largest network of reproductive health clinics, was forced to end primary care services late last year due to the Republican budget law.
“Behind each pin is a story,” Anne Shoup, senior adviser to Protect Our Care, said Wednesday, referencing the markers on the group's hospital closure tracker. "Whether it’s an expectant mother losing access to prenatal care after the nearest rural hospital was forced to close its maternity ward, or seniors driving hours each way for care that used to be down the road, or people with disabilities facing gaps in caregiving that allow them to stay in their own homes, these pins represent our neighbors, our parents, and our kids. They deserve better than to have their healthcare gutted to write a check to the ultra-wealthy.”
The health policy organization KFF has said it is "highly unlikely that any state will receive more money from the rural health fund than it will lose" from Medicaid cuts and other federal policy changes, calling into question Collins' characterization of the RHTP money as transformative for Maine's rural healthcare system.
"RHTP is like lending someone a bucket to catch rain from a leaking roof," Mark Shaffer, an analyst at the Maine Center for Economic Policy, wrote last month. "It’s too small to hold what’s falling and is taken away before the roof ever gets fixed. The cruel irony is while hospitals scramble to manage the leak, millions of Americans have simply been pushed out of the system entirely and left to fend for themselves. And this was all done to support tax cuts for the wealthy."
A 30-second pro-Collins ad released earlier this year by One Nation—a GOP-aligned dark money group that has already dropped $20 million on ads supporting the Republican incumbent—described the $190 million in RHTP funds awarded to Maine for the first year of the program as quite literally lifesaving.
The problem, as the Maine Beacon pointed out, is that "no funds had actually been distributed at the time Collins’ ad aired in mid-March 2026."
"In fact, the Maine Department of Health and Human Services did not receive full approval for the program’s budget until the end of March, weeks after the ad began running," the Beacon observed. "State officials said during a Rural Health Fund Seminar on March 31 that they are still working to finalize contracts and hire staff, with funds not expected to be distributed until later in 2026."
In a March 27 statement, Collins took credit for preserving the $190 million in federal rural health funding for Maine, claiming it was "at risk" of being rescinded and reallocated by the Trump administration. (In early April, the office of Maine Gov. Janet Mills denied the funding was ever in jeopardy.)
Earlier this week, KFF Health News reported that Maine is one of several states that have been forced to make changes to their plans to spend the rural health funds as the Trump administration exerts "tight control" over the money. One restriction imposed by the Centers for Medicare and Medicaid Services—headed by Mehmet Oz—bars states from spending more than 15% of allotted RHTP funds on payments to rural hospitals and other providers for patient care.
Collins' ads celebrating the program as an unequivocal victory for rural healthcare include no mention of the spending limitation—which is not in the language of the GOP budget law—or the Trump administration's vice-like grip on the funds.
"It has frankly been surprising to me as a longtime observer of legislative officials, that the GOP members of Congress who were the cheerleaders of the RHTP as a rural hospital fund have not raised any substantial complaints as the Trump administration created this severe funding limit that impacts struggling rural hospitals in their own districts," Adam Searing, an associate professor at Georgetown University's Center for Children and Families, wrote in March.
"While more funding for rural healthcare is always welcome," wrote Searing, "political messaging about new funding cannot obscure the reality for states."
Newsom Says DOJ Probe Puts Him and Wife on Trump's Political 'Hit List'
Democratic California Gov. Gavin Newsom on Monday said the US Department of Justice was investigating both him and his wife in what he described as an abuse of power being carried out on behalf of President Donald Trump.
In a video posted on social media, Newsom claimed federal agents in recent days "have knocked on the doors of family, friends, and former employees, not because they've found a crime" but "because they're simply trying to find one."
Newsom charged that Trump himself was behind the investigation, which he said was being done in response to his prospective 2028 presidential campaign.
"Donald Trump is simply the most corrupt president in American history," Newsom said. "He's turned the levers of government into his own personal power ministry, to reward cronies and to try to jail his opponents. His personal attorney now runs the Department of Justice, which has repeatedly gone after his political enemies."
Newsom then linked the current DOJ investigation into him to federal investigations of New York Attorney General Letitia James, former Federal Reserve Chairman Jerome Powell, and former FBI Director James Comey as yet another politically motivated assault on the rule of law.
"One by one, anyone who has challenged Donald Trump has ended up on his hit list," Newsom explained. "And today, I proudly join that list. After calling for my arrest last year, Donald Trump directed his Department of Justice to investigate me."
The governor said that investigators in recent days had shown particular interest in his wife, documentary filmmaker Jennifer Siebel Newsom.
"If they can't intimidate me, they'll go after the mother of our children," said Newsom. "Donald Trump picked the wrong target. We have nothing to hide."
A source told The New York Times that the investigations into Newsom "were initiated by federal law enforcement officials in California, based on government witnesses offering information there, and were not launched by officials in Washington."
However, Trump has gotten directly involved in multiple DOJ investigations of his political opponents that have led to criminal charges.
Last year, the president inadvertently posted a message on his Truth Social platform that was intended to be a private message to then-Attorney General Pam Bondi, in which he pushed her to move more quickly on indicting Comey, James, and US Sen. Adam Schiff (D-Calif.).
James and Comey would subsequently be hit with criminal charges, although cases against them were dismissed last year by a federal judge. Comey has since been indicted again for posting a purportedly threatening message on social media that some legal experts have described as an "embarrassing" case.
'Psychopath' Ben-Gvir Slammed for Demand That 'All Lebanon Must Burn'
Israeli National Security Minister Itamar Ben-Gvir drew widespread condemnation on Friday when he declared that "all Lebanon must burn" shortly after four Israeli soldiers were killed in a fight with Hezbollah.
In a social media post, Ben-Gvir said that Israel should retaliate for the deaths of the soldiers with a scorched-earth military campaign aimed at killing large numbers of Lebanese people.
"For every tear of an Israeli mother, a thousand Lebanese mothers must weep," the far-right Israeli Cabinet member wrote. "Enough with the ping-pong. In the Middle East, you don’t win with measured responses and restraint—you need to go berserk. To obliterate. To crush the terror."
Ben-Gvir also took a subtle shot at the Trump administration, which has called for Israel to cease its military operations in Lebanon so that the US and Iran can negotiate an end to the illegal war of choice President Donald Trump launched earlier this year.
"With all due respect to the Americans, Israel must make it clear to the entire world that the blood of our sons and the security of our citizens are not forfeit," he wrote. "All of Lebanon must burn."
Ben-Gvir's demands for mass slaughter were widely condemned as the ravings of a genocidal maniac.
"You are a psychopath and one of the greatest threats to the security of Israel and of Jewish people around the world," journalist Yashar Ali wrote in response to Ben-Gvir. "You belong in a psychiatric institution, not in a government role."
Humza Yousaf, former first minister of Scotland and leader of the Scottish National Party, argued that Ben-Gvir's ravings should end any question about the nature of Israel's current government.
"For those who continue to deny Israel has any intention of committing genocide then read this tweet from a minister at the heart of the Israeli government," Yousaf wrote. "He belongs in the Hague, convicted and in a jail cell."
Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft, said that Ben-Gvir's post should make Western nations reconsider which nation is the largest obstacle to achieving peace in the Middle East.
"While regional states are intrinsically involved in efforts to bring about peace in the region," Parsi noted, "this Israeli cabinet minister tweets that 'All of Lebanon must burn!' And he repeats that call twice in the post. When will the West ask the question that never gets asked: How is the rest of the region supposed to live in peace and security next to a state that behaves like this?"
British journalist Owen Jones remarked that, in calling for mass killing in Lebanon, Ben-Gvir "sounds like a Nazi."
"If this wasn't Israel," Jones added, "everybody would say he sounds like a Nazi."
Alan Greenspan, Longtime Fed Chair and Ayn Rand Disciple, Meets Ultimate ‘Invisible Hand’
"For decades, he preached that the self-interest of the predator was the invisible hand of the common good," Yanis Varoufakis said after the man who led the US central bank under four presidents died aged 100.
Alan Greenspan, whose policies during nearly 30 years as US Federal Reserve chair fueled soaring economic inequality and helped create the conditions for multiple economic crashes, died Monday at age 100 after a long battle with Parkinson's disease.
While many corporate media outlets published hagiographic obituaries lionizing the "Maestro" who presided over nearly two decades of low inflation, rising stock prices, and American economic confidence, critics focused on Greenspan's role in promoting dangerous deregulation and "easy money" policies that inflated financial bubbles.
Robert Reich—who served as US labor secretary under President Bill Clinton during all of Greenspan's tenure—called him "in many ways the most powerful person in America."
"He maintained an iron grip over the Fed, and almost single-handedly decided on interest rates," Reich wrote. "He essentially fired George H. W. Bush by raising interest rates so high (ostensibly to ward off the inflation then threatening the economy) that the economy took a dive, and voters blamed Bush. This was enough to convince my boss, Bill Clinton, to do exactly what Greenspan wanted—which was to reduce the federal budget deficit and thereby destroy much of the agenda Clinton ran on (and I helped create)."
"I don’t want to speak ill of anyone who has passed. Greenspan was an extremely charming, intelligent, and thoughtful man," Reich added. "But the truth must be told: If any single person was responsible for the financial crisis of 2008, it was Greenspan. That crisis—the worst collapse since 1929, which led to the worst recession in decades, in which millions of Americans lost their jobs, savings, and even their homes—resulted from the deregulation of Wall Street that Greenspan advocated."
Former Greek Finance Minister Yanis Varoufakis wrote on X: "His epitaph? A singular, glorious confession, 'I found a flaw in my model of the world.' A flaw, he said, as though it were a leaky pipe, not a total collapse of the intellectual architecture that anointed him Oracle. For decades, he preached that the self-interest of the predator was the invisible hand of the common good.
"Then, in 2008, the beast devoured the table, and to his credit, he blinked, admitting that his entire worldview—the one that central bankers canonized and the world swallowed—was a fairy tale for rentiers," Varoufakis added. "He did not, of course, admit to culpability. That would require a moral compass, a device notably absent from his Ayn Randian toolbelt. No, he merely noted the flaw, as a meteorologist might note a gust of wind, and returned to his well-earned silence."
Born 10 miles from Wall Street during one of the most infamous economic bubbles of all time, Greenspan was a protégé of libertarian writer and philosopher Ayn Rand and was influenced by the Atlas Shrugged author's moral defense of capitalism, her fierce advocacy of deregulation, and her insidious insistence that self-interest was socially beneficial.
Their relationship cooled in the late 1960s, especially as Greenspan embraced more mainstream economic and policy roles despised by Rand and gradually became a leading steward of the very sort of state-managed system she deeply distrusted.
After heading President Gerald Ford's Council of Economic Advisers, Greenspan was appointed chair of the Fed by President Ronald Reagan in 1987. He would remain in the post well into George W. Bush's second term.
Greenspan generally favored relatively low interest rates, especially after crises like the 1987 stock market crash, the 1998 Long-Term Capital Management crisis, and the 2001 recession. His fame grew after he suggested that the economy might be experiencing a “productivity miracle” driven by technology, language that many investors took as validation that traditional valuation limits were no longer applicable.
Critics would later call it a "productivity mirage."
Staunch devotion to low interest rates by Greenspan's Fed boosted stock prices and real estate values under "easy money" policies. Many investors came to believe that the Fed would intervene aggressively whenever markets fell sharply—the so-called "Greenspan Put."
However, since ownership of financial assets (and the firms that sell and promote them) is concentrated among the wealthy, it was the rich who benefited most from Greenspan's polices. When bubbles burst, as they did after the dot-com boom that ended in early 2000 and during the 2008 global financial crisis, the rich bounced back thanks to their diversified portfolios and bailouts, while middle- and lower-income households were wiped out through asset devaluation, foreclosures, and job losses.
"It is no exaggeration to say the global financial crisis of 2008 had an enormous and lasting impact on American life and the way ordinary people view elites," New York Times global economic correspondent Peter S. Goodman said on social media. "It is also no exaggeration to say that Alan Greenspan has as much responsibility for the crisis as an individual can."
"For those not old enough to remember, it is difficult to state his aura during his time of greatest influence," Goodman continued. "When he told Americans that they should buy houses and use variable-rate mortgages to do it, they listened. Much is made of his econ jargon-laden vernacular that went over the heads of nearly all listeners."
"That was central to the mystique," he added. "When he went to the Hill and spoke to Congress, most people had no idea what he was talking about but assumed that smarter kids did. And so his quasi-religious faith in the efficiency of markets as the ultimate insurance against risk went unchallenged and became dogma, and the risks kept building."
Abelardo de la Espriella, Far-Right Millionaire Backed by Trump, Claims Presidential Victory
US President Donald Trump, who was accused of interfering in Colombia's runoff election, falsely declared that De la Espriella won "BIG" as he led by less than a percentage point.
Abelardo de la Espriella, a far-right millionaire backed by US President Donald Trump, declared victory in Colombia's presidential runoff late Sunday as preliminary results showed him leading by less than one percentage point with more than 99% of the vote tallied.
Despite the narrow margin, Trump—who is notorious for lying about elections—falsely declared on Truth Social that De la Espriella won "BIG" as the far-right candidate's opponent, leftist Sen. Iván Cepeda, said the results were "unofficial." Both Cepeda and incumbent Colombian President Gustavo Petro signaled that they would challenge vote counts.
"It is an abuse to declare a president through the media when the scrutiny is still ongoing," Petro wrote on X as interim results showed De la Espriella with 49.66% of the vote to Cepeda's 48.7%.
In the run up to Sunday's contest, Petro, international observers, and Democratic lawmakers in the US sounded alarm about the Trump administration's interference in the race on behalf of De la Espriella, who has pledged to "disembowel the left," cut corporate taxes, and dismantle Petro's social and economic policies, which slashed poverty and boosted the country's minimum wage.
"President Trump has... implied that if Mr. De la Espriella loses, Colombia may lose the support of the United States, its most important trade and security partner," a group of US lawmakers wrote in a letter to to Trump administration officials last week. "This direct interference by US officials in another country’s democratic elections is inconsistent with longstanding principles of national sovereignty and non-interference, as well as international law."
US Secretary of State Marco Rubio wrote on social media that he called De la Espriella late Sunday to "congratulate him on his electoral victory."
"The Trump administration looks forward to working closely with your incoming administration to advance regional security cooperation, end illegal immigration to the United States, and strengthen our economic ties," Rubio added.
NPR noted that De la Espriella "has built a lucrative legal and media empire around his reputation."
"He owns a fleet of luxury cars, including a Rolls Royce, and frequently travels by private jet," the outlet added. "He has also cultivated a conspicuous public image as a businessman and influencer, launching a fashion brand, De La Espriella Style, which markets high-end accessories such as luxury watches and sneakers priced at over $1,000 a pair."
De la Espriella's declaration of victory sparked protests in the streets of Colombia's capital, Bogotá. Barron's reported that "roaring motorbike engines and shouts of 'resistance!' filled the air" in the capital city as thousands took to the streets in opposition to De la Espriella.
"We're going to see many more demonstrations," one student demonstrator predicted.
'Good Riddance': Keir Starmer Resigns as UK Prime Minister
"Getting rid of Keir Starmer is not enough. We need to get rid of the politics he represents: corporate greed, anti-migrant rhetoric, and endless war," said former Labour leader Jeremy Corbyn.
UK Prime Minister Keir Starmer announced his resignation on Monday, less than two years after his Labour party swept into power in a landslide election.
In his resignation speech, Starmer said that he was stepping down because members of his party did not feel he was the best choice to lead them into the next general election, with polls showing the far-right anti-immigration Reform party currently on track to receive the most votes.
Starmer also said that whomever is chosen as his successor "will inherit a Britain that is far stronger and fairer than the one I inherited two years ago, better prepared for the challenges ahead and better able to ensure the Labour party secures a second term in office."
Starmer's progressive critics disputed this characterization of his governance, which they said has done little more than legitimize the far right.
Specifically, critics pointed to the Labour government's continued support of Israel in its genocidal assault on Gaza, its decision to proscribe Palestine Action as a terrorist group, and its efforts to court far-right voters by restricting immigration as some of its most destructive actions.
Former Labour leader Jeremy Corbyn said that Starmer had wasted the large majority that Labour had won and had done little if anything to improve the lives of the UK working class.
"Keir Starmer could have ended child poverty, homelessness and the grotesque levels of inequality in this country," Corbyn wrote. "Instead, he abandoned those in need, destroyed our civil liberties, and facilitated genocide in Gaza. That is how this prime minister will be remembered—and that is the legacy of moral and political bankruptcy he leaves behind."
Corbyn added that "getting rid of Keir Starmer is not enough," as "we need to get rid of the politics he represents: corporate greed, anti-migrant rhetoric, and endless war."
Member of Parliament Zarah Sultana, a former Labour MP who has since joined Corbyn's Your party, noted after watching the prime minister's speech that "the most emotion Keir Starmer has shown is over losing his job, not enabling the genocide of the Palestinian people."
"Good riddance," Sultana said. "His next stop should be The Hague."
Zack Polanski, leader of the Green party, predicted that Starmer's premiership would be remembered entirely negatively.
"Bills up. Wages too low," Polanski wrote, summarizing life in the UK under Starmer's leadership. "Record profits for oil and gas. Fifty richest families with more wealth than 50% of population. Shit in our rivers. Pensioners jailed for protesting. Migrants thrown under the bus. Supporting a genocide. That's Starmer's legacy."
Journalist Owen Jones delivered a similarly scathing assessment.
"Keir Starmer lied through his teeth to become Labour leader," Jones wrote. "He justified Israeli war crimes, arrested opponents of genocide, attacked pensioners, disabled people, and migrants, pocketed freebies, crushed dissent, and threw others under the bus to save himself. History damns him."
Economist Yanis Varoufakis delivered a lengthy rundown of Starmer's failures as prime minister, arguing he "was not merely a disappointment" but "a mendacious figure of ethical decrepitude, a man who won the Labour party leadership based on promises that he jettisoned five seconds after winning."
"History will remember Mr. Starmer as a man without conviction," Varoufakis wrote, "a prime minister who offers not a shred of honesty, but merely the cruel illusion of change. He is ethically decrepit because he had chosen, consciously, to abandon principle for power. And for that, history will indict him. Good riddance, I say."


















