Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures:
• Things Fall Apart, Boris Johnson Edition: Shed no tears for Boris Johnson and none for the Tory party either. They knew what they were doing and they did it anyway. (Alex Massie)
• Google Is Going to Let Politicians Spam Your Inbox: The company’s latest pitch for Gmail is a sop to Republicans and a disaster for users. (Businessweek) see also Disinformation Has Become Another Untouchable Problem in Washington Numerous federal agencies agree that widely promoted falsehoods threaten the nation’s security. Doing something about them is another matter. (New York Times)
• The Most Pathetic Men in America: Why Lindsey Graham, Kevin McCarthy, and so many other cowards in Congress are still doing Trump’s bidding (The Atlantic)
• Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire Nickel’s ‘Big Shot’ is moving on, but the market is still reeling. (Bloomberg)
• TikTok Shop Customers Are Worried That They’re Buying Fake Products: “TikTok is definitely in need of a whole new culture of accountability,” one customer told BuzzFeed News. (Buzzfeed News)
• Medicare could have saved $3 billion buying drugs the Mark Cuban way In a recent study published in the Annals of Internal Medicine, we analyzed 89 generic drugs sold by Cost Plus Drugs and found that Medicare could have saved more than $3 billion in 2020 by purchasing 77 of them at Cost Plus Drugs prices. For example, Medicare paid more than $2 per pill for aripiprazole, a commonly used psychiatric medication, while Cuban’s company sells the same formulation of the drug for $0.24 per pill. (Washington Post)
• The Secret Police: A private security group regularly sent Minnesota police misinformation about protestors There are 13 private security guards for every one police officer in downtown Minneapolis, but these groups are far less regulated than police departments. (MIT Technology Review)
• A Plane of Monkeys, a Pandemic, and a Botched Deal: Inside the Science Crisis You’ve Never Heard Of Experts say there’s a dire shortage of primates for biomedical research—and it’s putting human lives at risk. (Mother Jones)
• The Supreme Court’s Gone Rogue — And This is a Judicial Coup When the Supreme Court’s the One Attacking the Constitution, Democracy’s in Deep Trouble. (Eudaimonia) see also Just How Sharp Was The Supreme Court’s Rightward Turn This Term? The Supreme Court’s partisan divide hasn’t been this sharp in generations. (FiveThirtyEight) see also The Supreme Court has pushed America to the brink. The Court granted itself the very power and authority it is now using to stop the Government from keeping its citizens alive based on a promise of credibility. But its credibility is now in tatters. (Prescriptions)
• Alaska’s devastating wildfire season is the latest climate change-fueled disaster The state is on track to set a new and horrible record. (Grid)
Be sure to check out our Masters in Business interview this weekend with Spencer Jakab, editor of Heard on the Street column at the Wall Street Journal, and author of the Ahead of the Tape column. He began his career as an analyst at Credit Suisse, where he eventually became Director of Emerging Markets Equity Research. He is the author of “The Revolution That Wasn’t: GameStop, Reddit and the Fleecing of Small Investors.”
Public Pressure for Gun Legislation Up After Shootings
Source: Gallup
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