THE SHOW NOTES: Union Blues, World Cup News, & Pelosi's Replacement
Welcome! House Democrats elect Hakeem Jeffries to replace Pelosi.
HEADLINE: Sam Bankman-Fried says he's down to $100,000 - Axios
NEW: More than 800,000 Georgians had voted in the Senate runoff.
PUTTING THE FUN IN FUNDING: Government funding runs out on Dec. 16.
Clip of the day: LOL
Unions Blame Biden
Rail unions are furious with Joe Biden’s decision to press congress for a quick fix to the pending rail worker’s strike. The traditionally pro-union Biden claimed a rail strike would cause too much pain to Americans at the height of the holiday season. The legislation to be voted on by congress today imposes a labor agreement that was previously rejected by several large unions. The news is seen as a big win for corporations.
Why it matters: A strike would have brought 30% of the nation’s freight shipments to a halt during the business time of year. The move also puts pro-union congressional Democrats in a challenging position.
World Cup News
The big news from yesterday was the United States will advance to the knockout round of 16 after defeating Iran 1-0. Some in Iran cheered the defeat as a form of protesting against the repressive regime.
Underreported: After claiming only three migrant workers died during the construction of the World Cup facilities, Qatar’s World Cup boss Hassan Al-Thawadi said the real number of casualties is between 400 and 500 in a shocking interview with Piers Morgan.
Stacey Abrams’s Nonprofit Worked To Purchase Multimillion-Dollar Properties Shortly Before It Sacked Employees
Go read this from The Washington Free Beacon. Here’s an excerpt:
“The New Georgia Project had $11 million in its investment account in August when it set out to pay $2.45 million in cash for a sprawling Atlanta compound. Less than two months later, the organization dismissed half its leadership staff, citing a lack of funds.
A series of internal documents and correspondences obtained by the Washington Free Beacon reveals the bizarre circumstances surrounding the real estate deal, which several parties close to the matter say are indicative of a leadership crisis within the Stacey Abrams-founded group. The deal was spearheaded by Erin Ferguson, a junior New Georgia Project staffer who in a group text urged senior leadership in late August to sign a letter of intent to purchase the two adjacent properties and swiftly pay a $30,000 non-refundable deposit.”
The rest of the news:
Chick-fil-A is selling merchandise for the first time ever - CNN
‘Blueprint’ for 2024? DeSantis pens book on going after 'entrenched elites' as presidential speculation swirls - Fox News
Trump’s dinner disaster sparks new rules for his campaign - AP
Two Chinese cities ease COVID curbs after protests spread - Reuters
US Job Openings Fall to 10.3 Million in Hopeful Sign for Fed - Bloomberg (paywall)
CNN Layoffs Are Under Way - WSJ (paywall)
Home Prices Slid in September for Third Straight Month - WSJ (paywall)
Tweets that caught my eye: