Extra, Extra
Port of Call My Broker: “The tariffs themselves are a shock to the system, and the shock is echoed and amplified across the entire chain. Even if there is resolution, it will take nine to 12 months to work out these bumps.” The Atlantic (Gift Article): Don’t Look at Stock Markets. Look at the Ports. The latest tariff announced by Trump targets the film industry. But so far, details are as scarce as logic. White House Says “No Final Decisions” Have Been Made on Movie Tariffs. (No initial decisions have been made either.)
+ Alcatraz Razzmatazz: In another social media weekend rant, Trump said he will reopen Alcatraz for the ‘most ruthless and violent’ prisoners. (Wait, I thought he hated staying in San Francisco…)
+ No Holds Barred: “Israel’s security cabinet has approved a plan to expand its military offensive against Hamas which includes the ‘capture’ of Gaza and the holding of its territory.”
+ Extensive Collection: “There are some five million borrowers whose loans are in default, many of whom haven’t made regular payments since the pandemic. Millions more are on the cusp of default, according to the Education Department.” Collections Coming for Millions of Student-Loan Borrowers.
+ RegurgiNation: Robert Reich on Trump’s apparent plans for a military parade to celebrate his birthday. George Washington would have thrown up. (At this point, Washington would’ve already puked enough to fill the Delaware…)
+ Offsprings Eternal: Sovereignty edged out Journalism in the 151st Kentucky Derby. (Continuing Journalism’s 2025 losing streak.) Every horse that ran in this year’s Kentucky Derby is a descendant of Secretariat. Take that, Elon.
+ Spur of the Moment: “There is no signature style, no ‘Showtime’ to his name. The beauty in Popovich entering this pantheon is the adaptability of his approach.” Gregg Popovich’s legacy in the NBA is every bit as big as Warren Buffett’s legacy in investing. Gregg Popovich’s legacy: Behind the beauty of the Spurs coach’s greatness.
+ The Conman and The Conclave: Over the weekend, Trump, asked if he has to ‘uphold the Constitution,’ said, “I don’t know.'” Also, “the messaging app that President Donald Trump’s former national security advisor was seen using during a Cabinet meeting last week is temporarily suspending services following reports it was hacked.” Meanwhile, Catholic leaders criticized Trump for posting apparent AI photo of himself as the pope. (It’s gonna take a lot of puffs of smoke to get through the next four years, folks.)
