The Political Thread

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Samoa Looch

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US stocks rebounded Monday to cap a volatile month and quarter as trade-war worries mount in the run-up to President Trump's tariff bonanza later in the week.

The tech-heavy Nasdaq Composite (^IXIC) closed down about 0.1%, while the S&P 500 (^GSPC) recuperated losses of as much as 1.7% to close up nearly 0.6%. The Dow Jones Industrial Average (^DJI) erased early morning losses to gain 1%, or about 400 points.

Markets wrapped up March on a woeful note after a rough month and quarter beset by Trump's fast-evolving tariff policy. Last week was the fifth in six weeks that the Nasdaq Composite and S&P 500 ended the week in the red. The benchmark index is down over 4.5% to start the year while the Nasdaq has lost over 10%, finishing with their worst quarters since 2022.

Some of the biggest-name megacaps have led the decline. Nvidia (NVDA) fell Monday as it has neared a 20% loss so far this year, while Tesla (TSLA) has lost more than 35%.
 
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Samoa Looch

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You *vandalize* a Tesla dealership? To the Gulag with you for the next 20 years!
 

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Hundreds of federal health workers, including doctors in senior leadership positions, began hearing early Tuesday morning that they are losing their jobs, part of a vast restructuring that will winnow down the agencies charged with regulating food and drugs, protecting Americans from disease and researching new treatments and cures.

Health Secretary Robert F. Kennedy Jr. announced last week that he is shrinking his department by 10,000 employees. Some senior leaders based in the Washington, D.C., area received notices that they were being reassigned to Indian Health Service territories, a tactic to force people out, employees said, because it would entail moving to other parts of the country.

Combined with previous departures, the layoffs will reduce the department from 82,000 to 62,000 employees. The department did not immediately respond to a request for comment.

Notices began arriving at 5 a.m., workers said, affecting offices responsible for everything from global health to medical devices to communications. Some knew the layoffs were coming; at the department headquarters in Washington, officials responsible for minority health and infectious disease prevention were told Friday that their offices were being eliminated, according to employees.

Others were caught off guard. At the Food and Drug Administration, senior leaders were pushed out and offices focused on food, drug and medical device policy were hit with deep staff reductions amounting to about 3,500 agency staff members. Some workers said that they discovered they were fired when they attempted to scan their badge to get into the building early Tuesday.
 

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Samoa Looch

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The man who fatally shot 23 people and wounded 22 others at an El Paso Walmart in 2019 believed he was acting at the direction of President Donald Trump, his defense lawyer told El Paso Matters.

“He thought he had to stop the invasion because that’s what his president was telling him, which is just not rational,” defense attorney Joe Spencer said in his first extended interview about the mass shooting that the shooter said was meant to stop “the Hispanic invasion of Texas.”

“He thought, if he doesn’t do it, then nobody’s going to do it,” Spencer said. “He’s got to start.”
 

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An FDA worker confirms what I've seen out there.

CDC's entire FOIA office is gone.

The FDA's communications and web office were cut.

"The FDA as we know it is gone."
 

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Couldn't pay me to listen to Cory Booker speak, but if he actually said this then fair play to him. Hopefully it leads to an actual change in his voting record and actual resistance to Trump's agenda.

For me, Sanders, AOC, and Tim Walz are out there saying and doing the right things. Meanwhile my governor, Gavin Newsom, has capitulated to MAGA and is hosting glaze sessions for fascists on his new podcast.
 
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He's gone 24 hours now