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Obama’s budget offends just about everybody. Is that compromise?

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The pandemic has exposed a disturbing fact about who the government helps most

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In January 2020, the NASDAQ stock market’s index stood just under 10,000. In the March crash, it fell to 7,000. As of July 10, 2020, it hit 10,600. The U.S. government’s economic policies produced a “recovery” for the rich who own the vast bulk of stocks. Their holdings are worth more now than before COVID-19 hit us. The other major benchmarks for securities, the Dow Jones Industrial Average and the Standard and Poor 500, show similarly dramatic, slightly smaller recoveries.

Massive government economic intervention—what most of its current beneficiaries have always denounced—subsidized those recoveries. The Federal Reserve pumped unprecedented amounts of new money into the U.S. economy after mid-March. That money poured into the stock market and fueled its rise. The U.S. Treasury provided unprecedented direct cash supports to much of corporate America.

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Trump is a vampire who feeds off his own followers — and no one deserved to be drained more than Jeff Sessions

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Former senator and disgraced former Attorney General Jeff Sessions has finally come, at age 73, to what is almost certainly the end of the road for his villainous political career. On Tuesday night, the right-wing Republican who served as a U.S. senator from 1997 to 2017 lost in his comeback attempt, defeated in the Republican primary for his old seat by Tommy Tuberville, a man whose cartoonish name better suited his previous career as head football coach at Auburn. The runoff election between the two wasn't even close, with the Riverboat Gambler (a silly and self-serious nickname for Tuberville, especially when "The Tubz" was right there for the taking) taking more than 60% of the vote.

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2020 Election

Fearing jail and facing defeat: Don’t expect Trump to leave office quietly

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The presidency of Donald John Trump is collapsing. Unwilling or unable to confront the deadly realities of the COVID-19 pandemic, which has claimed more than 138,000 American lives, the president’s job-approval ratings have plummeted. The ravages of the virus, in turn, have triggered a deep economic slump, pushing unemployment rates to levels not seen since the Great Depression of the 1930s. There is a growing perception that our 45th commander in chief, never known for his intellectual acuity or moral rectitude, is unfit to lead the nation in this moment of extreme crisis.

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