This story appears in the June 2020 print edition of Rolling Stone. In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year! …
Read More »With Kayleigh McEnany, the White House Isn't Even Pretending the Truth Matters
There was a time, not that long ago I’m embarrassed to admit, when I would daydream about being the White House Press Secretary for a Republican president. As a spokesperson for Jon Huntsman and Jeb Bush, it’s clear this was a rather ridiculous dream, given the outcome of those campaigns, …
Read More »Why Respectable Doctors Choose to Mix With Cranks and Quacks on Fox News
For the loyal viewers of Fox News, the tired face and ragged voice of Dr. W. Ian Lipkin, one of the country’s foremost infectious-disease experts, have become something of a familiar sight. On America’s Newsroom on March 13th, he discussed best practices for personal hygiene during the novel coronavirus outbreak. …
Read More »The Green New Deal Is Cheap, Actually
Opposition to the Green New Deal is often framed as a matter of cost. President Trump’s re-election campaign blasted the “radical” plan, claiming it would “cost trillions of dollars, wreck our economy, and decimate millions of energy jobs.” But science shows that the costs of unchecked global temperature rise are …
Read More »Red America Is Becoming a 'Democracy Desert.' Coronavirus Threatens to Make It Worse
The coronavirus emergency threatens to become a constitutional crisis. Several states have rescheduled primaries and other elections, amid warnings that we must act quickly to enact a national vote by mail system in case the pandemic continues toward November’s presidential election. It’s an urgent moment. But the problems within our …
Read More »Trump Pushes to Knock Hundreds of Thousands Off of Food Stamps While COVID-19 Death Toll Rises
While U.S. unemployment claims are shattering an all-time record, due to the coronavirus pandemic, President Trump’s administration is continuing its attempts to throw hundreds of thousands off of the government food-stamp program, known as the Supplemental Nutrition Assistance Program (SNAP). Earlier this month, U.S. District Court Judge Beryl Howell ruled …
Read More »Dan Rather on Trump's Coronavirus Approach: 'It's Disgraceful'
“As Lyndon Johnson said, ‘I’m hunkered down like a mule in a hailstorm,’ ” says Dan Rather from his New York apartment. Now 88, the veteran reporter and newsman is holed up like many in his city, but he’s hardly silent. Although it’s been 14 years since he and CBS …
Read More »What Is the Stafford Act? Despite Text-Message Hoax, It's Not a Plan for National Quarantine
When President Trump declared a national emergency over COVID-19 last Friday, he did so under the National Emergencies Act, which was also cited in his national-emergency ruse to fund the border wall in February 2019, and the Stafford Act, a 1988 disaster-relief law that allows the government to funnel the …
Read More »Is Bernie Sanders Unstoppable After Dominating the Nevada Caucuses?
Nevada is feeling the Bern. Fresh off popular-vote wins in Iowa and New Hampshire, Bernie Sanders has again racked up an early-state victory, this time in the Silver State. On the strength of support from younger voters and Hispanics, Sanders took Nevada in what appears to be a rout, likely …
Read More »Can You Guess Why Trump Is Angry 'Parasite' Won Best Picture at the Oscars?
President Trump has long loathed the Academy Awards, viewing the ceremony as a teeming hive of the Hollywood elites who have categorically rejected him (except for Jon Voight). But he has a predictable new gripe with this year’s Oscars, which he aired Thursday night during a rally in Colorado. Trump …
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