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Judd Legum
@JuddLegum
, 5 tweets, 2 min read Read on Twitter
1. There is a lot of focus on the damage Trump is doing to the country and the world.

But, as folks pay attention to that, there is an opportunity cost as we ignore larger systemic problems

Exhibit 1: The accelerating concentration of wealth worldwide

popular.info/p/obscene-weal…
2. The stats from the new OxFam report are stunning.

In 2018, just 26 people owned as much wealth as the 3.8 BILLION PEOPLE who make up the poorest half of humanity

popular.info/p/obscene-weal…
3. In 2018, the world's billionaires got $900 billion richer.

The poorest half of humanity saw their wealth DECREASE by 11%.

The entire health budget of Ethiopia, a country over over 100 million, is equal to 1% of Jeff Bezos' wealth

popular.info/p/obscene-weal…
4. You hear a lot about the decline in extreme poverty (less than $1.90) a day.

That's good but it obscures that billions of people have just barely escaped.

3.4 BILLION people live on $5.50 per day or less

popular.info/p/obscene-weal…
5. The fruits of human progress are flowing to a handful of people. And it doesn't have to be this way.

If you are interested in learning about the trees and the forest, you should subscribe to my newsletter, Popular Information.

Sign up for free at popular.info.
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More from @JuddLegum see all

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Judd Legum
@JuddLegum
1. Reuters (goo.gl/D82U4k) confirms the exclusive popular.info January 17 report on Nigerian prez candidate @atiku

@atiku was banned from visiting the U.S. due to public corruption but was allowed to visit last month after hiring a Trump-connected lobbyist
@atiku 2. The Trump administration lifted @atiku's travel ban after his political party signed a $1.1 million contract with a lobbying firm run by Brian Ballard, who ran Trump's campaign in Florida and is one of his top fundraisers

popular.info/p/what-does-a-…
3. Atiku stayed at the Trump Hotel and even got a meeting with the State Department.

He was previously banned from the U.S. based on evidence he funneled $40 million in "suspect funds" from Nigeria to the U.S.

popular.info/p/what-does-a-…
Read 5 tweets
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Judd Legum
@JuddLegum
1. Pace of news is fast but the details matter. Last week Foxconn announced it was canceling its plans to build an LCD factory is Wisconsin -- an embarrassing development for the Trump administration that touted the deal

So Trump got on the phone

popular.info/p/the-long-conn
2. Trump talked with Foxconn Chairman Terry Gou. Soon after, Foxconn released a new statement saying the factory was back on!

That generated headlines like this.

But what REALLY happened

popular.info/p/the-long-conn
3. The original announcement by Foxconn said that the new plan was to do a mix of manufacturing and R&D (mostly R&D) and it shouldn't be called a factory

The revised announcement also says the exact same thing! They just call it a factory again

popular.info/p/the-long-conn
Read 6 tweets
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Judd Legum
@JuddLegum
1. One of the people defending Northam right now is @DickSaslaw the Dem leader of the Virginia Senate

No one "would like their college conduct examined"

Who "would want to have revealed what we were doing in our early to mid-20s?"

Here's what you should know about Saslaw
@DickSaslaw 2. In 2003, he almost resigned his position after taking heat for his role in railroading the reappointment of Judge Verbena Askew, the first black woman to serve on a Virginia circuit court

His conduct drew "blistering criticism from African American and other colleagues"
3. In 2006, an African American Virginia Senator temporarily aligned with Republicans in protest of Saslaw, who she said "ignored black lawmakers' concerns"

"It's no state secret -- I can be a little insensitive from time to time," Saslaw said.
Read 4 tweets

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Stoicjustice
@cleearoptics
@Jim_Jordan Any #Trump sycophant, alleged pedophile protector, trying to besmirch this hero, while his own children will have to suffer from the decisions made for the country, is sad. Why wouldn't the #GOP make it an open door session if they had nothing to hide? Your reign ends soon.
@Jim_Jordan As time passes, more comes to light, with the Steele dossier, Trumps alleged involvement in Epstein child sex ring where Secretary Acosta stopped the FBI investigation before more suspects could be arrested, and money laundering campaign contributions from Russian operatives.
@Jim_Jordan Plus your support for a theocratic monarchy that really acts like a ruthless inhumane dictator & desire to sell American technology to them when it could then be used to kill our own troops or handed over to Russia is genuinely INSANE. Who is dishonorable, spineless sycophantic?
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snarke
@snarke
#Trump's last campaign rally of the 2018 mid-term election season is scheduled to start in about ten minutes. It's his THIRD rally of the day. Dude is likely exhausted and I doubt this rally will be less "speech" and more "incoherent tirade".
At any rate, here's the thread for it! Follow/mute at will!
Current Pre-show music is the Rolling Stones' "Sympathy for the Devil." I couldn't make this up if I tried.

#Trump #Truprally
Read 44 tweets
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Keeper Of Numbers
@Number_Keeper
Trump and Mussolini: 11 Key Lessons from Historical Fascism

Italian fascism provides a better model for our moment than Nazi Germany—and the comparison is not encouraging.

By: @Anis_Shivani for @AlterNet
Thread ✔
1/
Fascism is a religion. The 20th century will be known in history as the century of fascism.
〰️ Benito Mussolini

2/
I’d like to draw some comparisons and contrasts between our present situation and that of #fascist Italy between 1922 and 1945. I choose fascist #Italy rather than #Nazi #Germany because it has always seemed to me a better comparison.
3/
Read 169 tweets
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snarke
@snarke
So #Trump is holding a news conference in about five minutes. I’ll be watching (and probably tweeting). Follow/mute at will!
Okay, #Trump has started speaking. He's already slurring. He's already made a joke about "a lot of......MEDIA.".

This does not bode well.
#Trump is now saying that China wants to "see me lose an election because they've never been challenged before."

It's not just China, pal.
Read 63 tweets
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(((sfpelosi)))
@sfpelosi
Just came off the streets after march and rally with hotel workers of @unitehere and #publicschool teachers @uesf who just earned a pay raise thru SF’s #YesOnG ballot campaign waged with @SFDemocrats @sflabor and @TeamPelosi. People are angry and scared about #Janus.... 1/thread Christine and SF teachers union leaders marching
We marched with hundreds of hotel workers of @unitehere who are in contract negotiations with massively lucrative #SF hotel chains that will not give their workers a contract with fair wages. Message: “One Job Should be Enough” It’s NOT - and #Janus makes their lives harder. 2/ Susie Christine Rafael marching
Both the hotel workers and the teachers said the same thing: Donald Trump’s #SCOTUS sided with corporate bosses over workers, first denying protections against #sexualharassment and today denying voices in the job in #Janus. By design, TRUMP’S COURT IS HURTING WORKING PEOPLE. 3/ Local 2 Hotel Workers Union and Teachers Union leaders speak at SF rally
Read 9 tweets
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Zach Everson
@Z_Everson
Trump Hotels' website still lists Trump SoHo New York among its properties in the Our Hotels menu. Select its name though to access its page and there's a message about it being renamed

bit.ly/2EPCSy1
National politics correspondent for Newsweek, Nina Burleigh, with a fun find on a TV above the bar at the Trump Hotel DC bit.ly/2E37QRR
Two errors in the 2nd graf of Breitbart's Trump Hotel DC article:
-holdings aren't out of @realDonaldTrump's hands: trust isn't blind & he can profit from it
-Trump Org told Congress it was estimating foreign receipts—not auto donating in full
bit.ly/2CpL7z2
Read 1562 tweets

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