During his Senate confirmation hearing, Scott Bessent, President-elect Trump’s treasury secretary nominee, opposed raising the federal minimum wage, deeming it a state and regional matter. This stance contrasts sharply with calls for a living wage and drew criticism for prioritizing tax cuts for the wealthy over wage increases for low-income workers. Bessent’s economic plan, focusing on deficit reduction and GDP growth, reportedly necessitates cuts to anti-poverty programs and potential tax hikes for the middle class to achieve its goals. Critics argue his nomination prioritizes the ultra-wealthy, potentially harming middle-class families.
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ABC News’s $15 million settlement with Donald Trump, stemming from a lawsuit over anchor George Stephanopoulos’s accurate but technically imprecise use of the word “rape,” exemplifies the media’s self-censorship. This capitulation, far from an isolated incident, reflects a broader trend of media organizations prioritizing appeasement of Trump over defending press freedoms, as seen in various instances of self-imposed restrictions. This self-censorship allows Trump to effectively silence dissent without needing legal changes, rendering the media complicit in eroding its own First Amendment rights. Ultimately, the future of press freedom depends on the public’s willingness to reject media outlets prioritizing self-preservation over truth.
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Despite a 21% interest rate—the highest in years—Russia’s annual inflation surged to 9.5% in December, exceeding expectations. This increase, driven by substantial military spending exceeding $100 billion, affects all sectors, with food inflation particularly acute. The Central Bank’s attempts to curb inflation through interest rate hikes have proven ineffective, leaving the economy overheated and potentially vulnerable. Experts disagree on the likelihood of a broader economic crisis.
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India’s Space Docking Experiment (SpaDeX) mission, launched on December 30th, successfully completed its historic space docking maneuver on Thursday. The mission, involving two 220kg spacecraft, demonstrated the ability to join two craft in space, a crucial step towards India’s goals of establishing a space station and lunar missions. This achievement makes India only the fourth nation to master this complex technology, after the US, Russia, and China. The successful docking and planned power transfer between the spacecraft showcase India’s growing capabilities in space technology.
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Mohammad Javad Zarif, Iran’s vice president for strategic affairs, publicly acknowledged for the first time that Israel supplied explosive-laden centrifuge platforms to Iran’s nuclear enrichment program. This revelation, confirming previous Israeli reports of sabotage attacks on the Natanz facility, highlights the sophisticated nature of these operations and the challenges Iran faces under Western sanctions. Zarif’s comments, made in a reformist media outlet, aim to explain these difficulties to the Iranian public. The situation underscores growing international concern regarding Iran’s nuclear program, particularly amidst ongoing regional conflict and threats of preemptive strikes.
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President Biden’s recent address warned of a burgeoning American oligarchy threatening democracy and equal opportunity, echoing historical struggles against concentrated wealth. His message, while fundamentally important, is seen by some as arriving too late in his presidency to effect significant change. The speech highlighted the need for holding the wealthy accountable, not through punishment, but by enforcing fair rules for all. Whether this message will resonate and shape future Democratic strategy remains uncertain.
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A New York civil fraud judgment against Donald Trump and co-defendants surpassed $500 million in late December, accumulating over $114,000 in daily interest. This massive debt, stemming from a judge’s finding of manipulated financial statements to secure favorable loans and insurance, is currently under appeal. Trump personally owes approximately $490 million, a sum exceeding the combined 2025 budget proposals for Albany and New Rochelle. While the appeals court’s decision is pending, interest continues to accrue, adding to the substantial financial liability.
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SpaceX’s seventh Starship test flight ended in failure when the upper stage experienced a rapid unscheduled disassembly due to an oxygen/fuel leak. Despite the upper stage’s loss, the Super Heavy booster successfully returned to the launchpad. Elon Musk attributed the failure to a leak exceeding the vent capacity and indicated that improvements are underway, with the next launch potentially happening within a month. This launch follows the successful orbital launch of Blue Origin’s New Glenn rocket, highlighting the ongoing competition in the space vehicle market.
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Google’s refusal to implement comprehensive fact-checking measures, despite the newly enforced EU law, highlights a significant clash between regulatory ambition and technological feasibility. The sheer volume of online content— encompassing text, images, and videos—presents an insurmountable challenge to any attempt at complete fact-verification. Imagine trying to extinguish a wildfire with a single fire hose; the task is simply too immense for existing resources.
This isn’t just about the practical limitations. The very act of determining what constitutes “fact” is fraught with complexities. Who decides what’s true and what’s false, especially on controversial or evolving topics? The potential for bias, misinterpretation, and even the weaponization of fact-checking itself raises serious concerns.… Continue reading
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John Q. Hosedrinker 
Matt Underwood