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Unwitting Elon Musk 'ran into his own chainsaw' by going to Washington: financial analyst

During an appearance on MSNBC's "Morning joe," noted financial journalist Steve Ratner suggested Elon Musk got a lesson in humility during his time in Washington after seeing his creation of the Department of Government Efficiency (DOGE) under-perform at the same time he damaged the reputation of his Tesla auto company.

On Thursday morning the co-hosts on the MSNBC morning show first addressed Donald Trump trying to blame the latest terrible economic news on President Joe Biden –– and also preemptively blaming the next quarter on Biden too –– with Mika Brzezinski observing, "The future is not looking bright because he's already trying to blame it on Joe Biden, which is what he does with bad news."

Discussing the tariffs having a deleterious effect on the economy, Rattner made a leap to talking about billionaire Musk.

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"This is another example of a businessman who's never set foot in Washington going to Washington and thinking they can fix things and finding out that this is not –– the federal government does not run like a private company," Rattner stated. "And he ran into his own chainsaw, in effect, and it's just another example of that on steroids, of course, because we've never seen anything quite like it."

Returning to the original topic, he added, "Look, on the economy, the first quarter GDP number was a little bit illusory. It was very messed up by some tariff stuff and things like that, but the fundamental point is that Trump inherited an economy that was firing on all cylinders. It was growing at about 2.5 percent a year. We had low unemployment, we had low inflation. Business was operating, they were making investments, they were going about their affairs and now we have chaos."

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Elon Musk spills about eating 'an entire container of Häagen-Dazs' at Trump sleepover

Elon Musk is planning to step away from his government role to focus on his businesses, but he's keeping his office in the White House.

President Donald Trump's billionaire benefactor has recommended sweeping cuts to the government workforce, which he says has saved $160 billion, which is far less than the $2 trillion he promised and could be offset by $135 billion in estimated costs associated with the cuts, but the Washington Post reported that Musk believes the U.S. DOGE Service has been a success.

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Veterans facing foreclosures as Trump administration pulls plug on Biden program: report

At a time when veterans with VA loans are struggling to keep their homes out of foreclosure, the Veterans Administration (VA) under Donald Trump's stewardship has decided to pull the plug on a program built specifically to keep them housed.

According to a report from NPR, the program known as VA Servicing Purchase (VASP) is on the chopping block with the approval of Republicans who feel President Joe Biden "unilaterally" forced it upon the country.

As NPR's Chris Arnold, Quil Lawrence wrote, VASP helps veterans who have fallen behind on their home payments by placing them in a program that lumps the delinquent amount into a separate "low-interest rate loan that the VA then owns outright."

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Without that support, there is a risk that the nearly 90,000 VA loans that are in trouble, with a third already in foreclosure, will come due and force vets from their homes if they can't find alternative loans to fill the gap.

The NPR report notes, "Mortgage industry groups, housing advocates and veterans organizations have been warning the VA that shutting down VASP without replacing it with something else first would result in large numbers of vets losing their homes, many of whom are in this financial peril because of the VA's own mistakes."

According to Mike Calhoun, president of the nonprofit Center for Responsible Lending, "With the expiration of VASP, tens of thousands of Veterans and their families are now at significant risk of losing their homes," before adding, the "VA should extend VASP until this program is up and running."

In a letter to Congress sent last month, the non-profit National Consumer Law Center warned, "Without VASP or immediate access to alternative policy tools that provide relief … many of these homeowners will be forced to sell their homes and move or face foreclosure."

You can read more right here.

'Do you really want to go there!': CNN panel melts down as two Republicans clash over race

A heated CNN panel discussion on Wednesday quickly spiraled into chaos after a fiery exchange between Republican strategist Shermichael Singleton and “The View's" co-host Ana Navarro, also Republican, left host Abby Phillip struggling to control her guests.

The turbulent moment unfolded when the debate over the deportation of Kilmar Abrego Garcia took a sharp turn as Singleton and Navarro began sparring over minority communities and profiling.

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‘Pathetic’: Outrage erupts after Trump admin steps up retaliation against ex-GOP official

Former Trump administration cybersecurity official Chris Krebs said his removal from the U.S. Customs and Border Protection’s Global Entry program is clearly “another act of retribution from the administration,” according to a new CNN report.

Krebs, who provoked President Donald Trump’s anger when he publicly contradicted the MAGA leader’s repeated assertions that the 2020 election was stolen, told CNN he was notified Wednesday afternoon that his Trusted Traveler Program status had been revoked.

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'What the hell?' Trump baffles internet with wild answer at town hall

President Donald Trump delivered a rambling response to a question about his push to crack down on Harvard University that left many political observers struggling to understand his answer.

The baffling moment unfolded Wednesday as Trump called into a NewsNation town hall hosted by Chris Cuomo, Bill O’Reilly, and Stephen A. Smith. When Trump was asked by Smith to explain his criticism of the Ivy League school, the MAGA leader instead launched into a puzzling anecdote about Harlem and the 2024 election.

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'You will be hunted': Voting machine company reveals new death threats from Fox viewers

A leading voting machine manufacturer recently unveiled multiple threats made against its employees as part of its ongoing defamation lawsuit against Fox News.

The Washington Post reported Wednesday on the latest federal court filing by Smartmatic, which is seeking $2.7 billion in damages from the leading conservative cable news network. Smartmatic alleged that the company's false claims about its machines being rigged in favor of former President Joe Biden caused significant harm to the company's finances and reputation, and resulted in the company having to lay off hundreds of employees.

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UN body warns over Trump's deep-sea mining order

The head of the International Seabed Authority (ISA) on Wednesday criticized US President Donald Trump's order to fast-track deep-sea mining in the open ocean outside American territorial waters.

"No state has the right to unilaterally exploit the mineral resources of the area outside the legal framework established by UNCLOS," ISA head Leticia Carvalho said in a statement, referring to the UN Convention on the Law of the Sea.

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Seventeen years later, Brood XIV cicadas emerge in US

by Issam AHMED

The last time these thrumming, red-eyed bugs burrowed out of the ground across America's suburbs and woodlands was the early summer of 2008.

Global financial jitters were mounting, iPhones were a luxury item, and George W. Bush was still president.

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100 days in, Trump still fixated on Joe Biden

by Aurélia END

Six months after defeating Joe Biden, President Donald Trump is back in power but remains obsessed with his White House predecessor, taking every opportunity to blame the man who remains his greatest political bugbear.

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US judge says Apple defied order in App Store case

A US judge on Wednesday accused Apple of defying an order to loosen its grip on the App Store payment system to the point that criminal charges could be warranted.

US District Court Judge Yvonne Gonzalez Rogers found that Apple "willfully" violated an injunction she issued at trial, with the company instead creating new barriers to competition with the App Store and even lying to the court in the process.

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'Win elections!' James Carville snarls as he calls out new Gen Z DNC official

Recently-elected Democratic National Convention Vice Chair David Hogg and veteran Democratic strategist James Carville vented their feud with a heated debate on the Tara Palmeri Show on Wednesday, in which Carville blasted Hogg's plans to encourage primary challenges to certain long-time Democratic incumbents.

Hogg, a Gen Z student activist and school shooting survivor who was elected to the DNC at the start of the year, has pushed people to donate to his PAC, Leaders We Deserve, to elect more young people and to mount contests in districts where he believes Democratic incumbents are complacent and not representing their voters.

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'Not telling the truth': MSNBC host says only 'low information' voters believe Trump's lie

Television host Stephanie Ruhle warned Wall Street and Main Street sources are fully reacting with “paralysis, anger and devastation” at what Trump is doing to the economy.

Recent numbers predict the U.S. economy will be shrinking for the first time since a major pandemic, in complete contrast to the last presidency. Now, Wall Street leaders and business owners who supported Trump in 2024 are horrified at their vote.

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