Lightnews — Scholar-powered news

Reposted by Ken Bazinet

NPR @npr.org · 4h

The price of gold hit $4,000 per ounce for the first time ever. It's a bad sign for the U.S. economy n.pr/4mYSvqy

Why gold is having its best year since 1979

The price of gold hit $4,000 per ounce for the first time ever. It's a bad sign for the U.S. economy

n.pr

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Ken Bazinet @kenbazinet.bsky.social · 4h

“Look, he’s a coward. He says a lot of things. He likes to pretend to be a tough guy. Come and get me,” Gov. Pritzker said, calling out Trump and his bullying.

"This is somebody who’s so insecure that he lashes out, pretending that he can come arrest people for no reason at all."

#ChitownSmackdown

Gov. Pritzker responds to Trump threat to jail governor, mayor over ICE: 'Come and get me'

Trump on Wednesday morning wrote on Truth Social, "Chicago Mayor should be in jail for failing to protect Ice Officers! Governor Pritzker also!"

chicago.suntimes.com

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Reposted by Ken Bazinet

NBC News @nbcnews.com · 5h

Flight delays are expected across the country for a third straight day as the FAA braced for more airport staffing shortages amid the ongoing government shutdown.

Delays expected at airports for third day as government shutdown drags on

The FAA says it expects staffing shortages at Newark Liberty International Airport.

nbcnews.to

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Reposted by Ken Bazinet

The New York Times @nytimes.com · 5h

Rafael López Aliaga, the right-wing mayor of Lima, Peru, widely known as “Porky,” held a Charlie Kirk memorial — filled with attendees bused in from poor neighborhoods — as he sought help from the Trump administration. Many others were more confused. “Who’s Charlie Kirk?”

How the Right Uses Charlie Kirk’s Death to Further Their Policies

The mayor of Lima, Peru, held a Charlie Kirk memorial — filled with attendees bused in from poor neighborhoods — as he sought help from the Trump administration.

nyti.ms

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Ken Bazinet @kenbazinet.bsky.social · 5h

'It’s not just an electorate that’s wondering why prices are still sky high. It’s also voters who are curious as to why the administration apparently has less and less to show for ICE’s staggering recent injection of $45 billion, which made it the best-funded law enforcement agency in the nation."

The ICE Propaganda Campaign Goes Into Overdrive

MAGA commentators are stepping up as soldiers in Trump’s culture war to provoke confrontations against “Antifa” with the backing of DHS.

open.substack.com

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Reposted by Ken Bazinet

The Contrarian @contrariannews.org · 10h

Trump is terribly out of control, but Stephen Miller is worse.

Stephen Miller is the Poster Boy for the Rabid MAGA Movement

The more voters see of him, the more repulsed they’ll be

contrarian.substack.com

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Reposted by Ken Bazinet

COURIER @couriernewsroom.bsky.social · 1d

"With local news in a severe tailspin for decades, there was a real question about whether Chicago’s media would meet the moment. But they have indeed," writes @markjacob.bsky.social in Stop The Presses.

The press steps up as Trump targets Chicago

Local journalism is under siege, but still makes itself indispensable

www.stopthepresses.news

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Ken Bazinet @kenbazinet.bsky.social · 15h

Carlyle's Jason Thomas noted "the discrepancy between payrolls and the other economic indicators we’re looking at," The Detroit News reported.

“If you looked at the employment data, you’d think it’s an economy that’s on the cusp of or in a recession. That is nowhere else in the data,” Thomas said.

Carlyle unveils proprietary data showing weak U.S. job market

The company for more than a decade has estimated GDP, consumer spending and inflation to serve as proxies when federal data is unavailable.

www.detroitnews.com

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Reposted by Ken Bazinet

Reuters @reuters.com · 17h

Focus: Crypto race to tokenize stocks raises investor protection flags reut.rs/3L0rrd5

Focus: Crypto race to tokenize stocks raises investor protection flags

A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability.

reut.rs

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Reposted by Ken Bazinet

USA TODAY @usatoday.com · 1d

Trump wants to sell some student loans. What if yours is one of them?

Trump's considering selling US student loans to private investors. Can he do it? What happens if yours gets sold?

bit.ly

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Reposted by Ken Bazinet

Ohio Capital Journal @ohiocapitaljournal.com · 1d

Commentary: Ohio lawmakers overrode a governor veto, thereby prohibiting schools from proposing emergency levies to maintain financial sustainability. Blunting local public finance will only make it harder for communities to grow the workforce and economy ohiocapitaljournal.com/2025/10/07/b...

Blunt property tax measures could threaten Ohio community vitality • Ohio Capital Journal

Last week, Ohio lawmakers overrode a governor’s veto, prohibiting schools from proposing emergency levies to maintain financial sustainability. Blunting local public finance will only make it harder…

ohiocapitaljournal.com

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Reposted by Ken Bazinet

The Independent @the-independent.com · 1d

Larry Kudlow says shutdown is ‘great opportunity’ for Trump to fire 500,000 workers

www.independent.co.uk

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Reposted by Ken Bazinet

NBC News @nbcnews.com · 1d

A rainbow crosswalk in Miami Beach has been removed from the city's Ocean Drive district.

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Reposted by Ken Bazinet

Deb Kozikowski @demdivacooks.bsky.social · 5d

SCOTUS new session is almost upon us. What new scorched-earth Trumpism will the King's Court unleash on what's left of our land of the free and home of the brave great American experiment?

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Ken Bazinet @kenbazinet.bsky.social · 1d

"Meanwhile, experts warn the budget signed by Donald Trump, with its massive cuts to Medicare and Medicaid, over the summer will have devastating effects on rural hospitals, which rely more on federal funding from the US’s largest public health insurance programs," The Guardian reported.
#BudgetCuts

Rural US town outraged as only hospital forced to shut: ‘I would have died without it’

Nearly 28,000 people relied on Glenn Medical center for its services, but now they will have to travel more than 30 miles for care

www.theguardian.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

"A Redfin report released Tuesday found that home buyers are canceling deals at a record rate. About 56,000 US home-purchase agreements were canceled in August, or around 15% of homes that went under contract that month. That’s the highest August rate on record, according to the report," CNN said.

Here’s why the housing slowdown isn’t lowering home prices | CNN Business

Yasmin Asberry thought selling her home in a Dallas suburb would be simple. Instead, after months of little interest, she dropped the price twice and was on the verge of pulling the listing when she f...

www.cnn.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

“Our president has offered several explanations for the tariffs,” Gene Grossman, an economist and professor at Princeton University’s School of Public and International Affairs, tells Fast Company. “Interestingly they’re in direct contradiction with one another.”

#Tariffs
#Chaos

What Trump's tariffs are doing to West Coast ports—and the future of the dockworkers

The uncertainty of a tariff-laden future is already here for the longshoremen handling imports and exports. And with fewer ships to work on, it means less time for new workers to learn the trade.

www.fastcompany.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

"Trump’s relentless pursuit of tariffs this time around is broadly unpopular. Only 34 percent of Americans surveyed approve of his tariffs, versus 58 percent who disapprove, according to the September Strength In Numbers/Verasight poll," National Review reported.

Time to Spring Trump’s Tariff Trap | National Review

As a condition of ending the shutdown, Democrats should curb the president’s tariff powers.

www.nationalreview.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

"Among the models set to be affected are popular pickups from Ram, GM and, starting next year, possibly Ford," American Cars and Racing online magazine reported.

Trump's pickup truck tariffs are a tax that is going to hit MAGA hard.

#Tariffs

americancarsandracing.com/2025/10/07/t...

Trump Slams Ram and GM's HD Pickups With 25% Tariff | American Cars And Racing

A new tariff on trucks will affect heavy duty pickups that Ram and GM build in Mexico and Canada.

americancarsandracing.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

The looming bailout is proof that Trump’s tariffs are not a windfall for the Treasury, as the administration likes to claim, considering much of the revenue must now be used to bail out industries that have been gutted by tariffs, the Journal’s editors wrote.

www.thedailybeast.com/rupert-murdo...

Murdoch Paper Shreds Trump’s ‘Self-Destructive’ Fiasco

The Wall Street Journal blasted the president’s tariff policy as benefitting only the infamous D.C. “swamp.”

www.thedailybeast.com

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Ken Bazinet @kenbazinet.bsky.social · 1d

"President Trump’s tariffs, highly touted as a lever to boost American industry, are now emerging as a substantial tax on business—putting pressure on corporate profits, labor markets, and prices, according to Morgan Stanley’s chief economist," Fortune reports.

#Tariffs
#TaxIncrease

Trump's tariffs may be bringing in a lot of revenue but they've also been a 'tax on capital, so far,' top economist says | Fortune

The "mystery" of the 2025 economy is vastly different from the record profit margins of 2021 and 2022, Morgan Stanley's Michael Gapen says.

fortune.com

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Reposted by Ken Bazinet

CNN @cnn.com · 1d

"Around 2 p.m. Saturday, top White House adviser Stephen Miller took to X to warn of a 'growing movement of leftwing terrorism' that is 'shielded by far-left Democrat judges,'” writes Aaron Blake. | Analysis

Analysis: The White House claims a left-wing judicial ‘insurrection.’ But many GOP and Trump nominees are rebuking the president, too | CNN Politics

Around 2 p.m. Saturday, top White House adviser Stephen Miller took to X to warn of a “growing movement of leftwing terrorism” that is “shielded by far-left Democrat judges.”

www.cnn.com

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Reposted by Ken Bazinet

The Bulwark @thebulwark.com · 1d

"In an authoritarian context, all journalism will tend toward propaganda unless it is explicitly formulated as anti-authoritarian. Unless an institution is explicitly designed to counter authoritarianism, it will end up aiding the authoritarians."

The Washington Post and CBS News are dying. The Bulwark is the future.

We drink their milkshake.

www.thebulwark.com

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Ken Bazinet @kenbazinet.bsky.social · 2d

"When we got this system set up, we knew it was going to be tested in ways that we cannot imagine," said Ahmad Perez, founder of Islip Forward. "And so we wanted to make sure that this was completely anonymous and that this would outlive any threat that might come from the federal government."

Long Island ICE tracking alert system not 'going anywhere,' founder pledges as administration cracks down on crowdsourcing apps

The founder of Islip Forward, which has alerted users to 146 sightings of U.S. Immigration and Customs Enforcement agents in Nassau or Suffolk since June, said Islip Forward uses a workaround to avoid...

www.newsday.com

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Reposted by Ken Bazinet

WBUR @wbur.org · 2d

Activists connected through an immigrant advocacy group called LUCE are documenting arrests throughout the state. The "ICE watchers" record the names of those detained to make sure they’re accounted for, and help family members connect to resources.

As ICE ramps up activity in Mass., this group bears witness

Activists connected through an immigrant advocacy group called LUCE are documenting arrests throughout the state. The "ICE watchers" record the names of those detained to make sure they’re accounted f...

www.wbur.org

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