Sinema Demanded Billionaire Tax Loophole Before Agreeing To Democrats Spending Package
Senator Kyrsten Sinema reportedly agreed to Build Back Better Bill, upon which Senator Joe Manchin and Chuck Schumer agreed. The Majority Report crew discuss how Sinema was probably brought on board: by cutting a 14 billion dollar tax on hedge fund manager and private equity executives.
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Kyrsten Sinema has reportedly agreed to the Manchin Schumer very very much slimmed down shadow of build back better bill that has some tax incentives for climate goals, but also some not so good things for the climate that helps out Manchin's donors and probably him himself if people look a little bit harder at the text. Regardless though there are some good things in there and you know we have to take anything at this point given the climate emergency that we're facing, but uh the big issue was that Manchin wanted the entire bill paid for and he wanted it to cut into the deficit that was his hobby horse that was his all of his conditions that i think were largely false, but it was a way for him to cut down build back better to the less than one ninth of what it was. Which is uh the inflation reduction act of 2022 again branded in a way that he can sell it to his his constituents. But the issue is that Sinema didn't want any tax increases on the wealthy… ... https://www.youtube.com/watch?v=sTzdot0a9nY
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Sam and Emma host Jon Marshall, associate professor at the Medill School of Journalism at Northwestern University, to discuss his recent book Clash: Presidents and the Press in Times of Crisis.
Professor Marshall dives right into where the dynamic between the Presidency and the press stands today, looking at the troubled relationship as a continuation of two centuries of US history. Next, he, Emma, and Sam jump back to the 1790s, looking to John Adams’ attacks on newspapers via the Sedition Act, cracking down on critiques of the government, only to see a spectacular backfire with a resounding loss in the election of 1800. Prof Marshal then walks through the structure he follows in his analysis, using ten specific presidencies that he thought reflected the progression of this dynamic, next moving forwards to the Presidency of Abe Lincoln, and the influence he took from the abolitionist press of the time, seeing it both as a central perspective to take in on the issue and as an important part of his GOP coalition, as the press pushed him from a tentative but anti-slavery president to signing the emancipation proclamation. Emma, Sam, and Jon then move forwards to Woodrow Wilson’s prosecution of anti-war journalists during the first World War, not only relying on Adams’ Sedition Act but bringing about the Trading with Enemies and Espionage acts, and the rollback of the overwhelming executive isolation from the press as the war ended – particularly after his lack of a relationship with the press saw the Right step in and turn public opinion on his League of Nations – before the Espionage act made its return in the late aughts and early 2010s with Obama employing the act against whistleblowers more than all previous presidents combined. This, of course, set the stage for Donald Trump’s presidency, and his extension of espionage to journalists on the *receiving* end of leaks, particularly amidst the media boom of the 21st century, with countless new avenues (both more and less legitimate) arising between the President and media, yet algorithms and a crippling of local news serving to corrupt and corporatize much of the industry. They wrap up the interview by diving deeper into disinformation in media and the role government can, and should, play in supporting integrity in journalism.
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Joe Rogan spoke with Elon Musk yesterday and asked him what it ultimately was that led him to buy Twitter. He said that he felt that Twitter was having a corrosive impact on civilization at the time he bought it, and that the conditions surrounding the San Francisco Twitter offices proved that to him.
Rogan and Musk talk about the proponents of the "Mind Virus" that was making its way around San Francisco could lead to the end of civilization. Rogan refers to people who believe in this as a "death cult." Elon agrees, calling them "extinctionists."
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A listener from Maine calls in to discuss a then-upcoming referendum that was appearing on the state ballot in last week's midterm elections. Maine voters rejected the proposal for "Pine Tree Power," a publicly-owned electric utility, in a referendum. Question 3 presented voters with the choice of maintaining the existing investor-owned utilities, Central Maine Power (CMP) and Versant Power, or establishing a unique statewide consumer-owned utility named The Pine Tree Power Company. The innovative plan aimed for a complete takeover of CMP and Versant to form a state-level public power company, but with the "No" vote prevailing, the current status quo is upheld. CMP and Versant will remain the dominant utilities in Maine, providing power to different regions. The rejection highlights the persisting monopoly of power delivery in the state and maintains the regulatory role of the Maine Public Utilities Commission (PUC) in overseeing these utilities' operations, rates, and service standards.
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It's ESVN Week 8! Emma and Bradley break down the ALCS and NLCS action from the weekend, and preview the upcoming Astros-Phillies World Series. Then they discuss the craziness from Week 7 of NFL action, the Giants at 6-1 and Jets at 5-2 (!!!), the Colts BENCHING Matt Ryan, and whether the Bucs and Packers are officially cooked. Plus, a little bit of a recap from a fun weekend of the new NBA season. And, your calls and IM's!
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In this Majority Report clip, moderators suddenly like asking follow-up questions when they're talking to Bernie Sanders.
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There's a Republican rift forming between Donald Trump’s CPAC coalition and the Republican donor class. ther "Digby" joins TMR to dive deeper into a the latter's attempt to juxtapose Ron DeSantis’ “moderate” fascism agains the Trump cult.
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Moderate Republicans are toeing the line to make their constituents as happy as possible on impeachment. Sam Seder and the Majority Report crew discuss this.
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