How can China be socialist if it has a stock market? Understanding the Chinese economy

China is not really capitalist because some of their most important industries are owned by the government and the government doesn’t care about the stock market. The main goal of those state owned enterprises is not profit, and, unlike in the U.S., the Chinese government is not concerned with keeping their stock market growing.

https://www.youtube.com/watch?v=M4__IBd_sGE

No, Trump can’t cancel the 2028 election. But he could still weaken democracy.

“Trump doesn’t have to do something dramatic like cancel the election in order to erode democracy. The relationship between democracy and autocracy is a spectrum, not a binary; for example, countries like Venezuela, Nicaragua, Turkey and Hungary still hold elections, but their leaders aren’t held meaningfully accountable by them (or by other mechanisms like the courts). A more realistic concern is that the U.S. will slide into what political scientists call “competitive authoritarianism,” in which democratic institutions still exist but they are regularly abused. Maybe the chief executive can’t just abolish the other branches of government, the free press and other tools of accountability for fear of being seen as illegitimate, but he can find ways to weaken or circumvent them. And while the incumbent party still must face elections — and can even lose them — it makes every effort to tilt the electoral playing field in its favor.”

“some of these things wouldn’t be new for Trump. During his first term, he fired FBI Director James Comey, who was leading an investigation into Trump’s ties to Russia. He purged the Republican Party of his critics by endorsing their opponents in primaries. And of course, he sowed distrust in the results of the 2020 election and attempted to overturn former President Joe Biden’s win. But that’s just the point: According to some political scientists, Trump’s actions during his first term already meet the definition of democratic erosion.”

https://abcnews.go.com/538/trump-cancel-2028-election-weaken-democracy/story?id=117807079

Ben Shapiro Struggles Defending Elon From Nazi Criticism

It really looked a lot like a Nazi salute. And he did it twice. A non-troll would afterwards say ‘oops!’, my bad, I didn’t realize in the moment what that looked like.’ Instead, he just joked and claimed he’s a victim of people calling others fascist too easily. He either did it on purpose as an inappropriate joke, did it on accident and is too blind to realize it was a mistake, or did it on purpose because he’s an actual Nazi. My guess is the first one, with the second one being the next most likely…I hope it wasn’t the last one.

https://www.youtube.com/watch?v=wWBOKrIFGOM

Opinion | The DEI Purge Will Weaken Our Military

“If the Trump administration merely ended all formal DEI training and initiatives, I wouldn’t be too concerned. They were, after all, never a significant part of what we did. What troubles me most is the attempt to stop all conversations about race and gender. Personal relationships and teams are strengthened by having difficult conversations, conversations that can sometimes make people uncomfortable. Avoiding, or worse banning, those conversations weakens both relationships and teams. Trust, mutual respect and shared values and goals are the foundations of strong teams. All are enhanced by open and candid conversations.

Eliminating any discussion of race or gender will have three negative consequences. The Trump administration and Secretary Hegseth are sending a strong message that white males are in charge again and they don’t want to hear anything about gender or racial inequities. Intended or not, that is what is being heard. Conversations I have had with leaders at all levels of the military indicate this is already having a significant impact on the morale and well-being of a large fraction of the force. Second, this is going to have a very negative effect on recruiting and retention that will deny our military the benefit of some of the most capable people in the nation. By the end of the Biden administration, we had met or exceeded all of the Department of the Air Force’s recruiting goals; I would hate to see that trend reversed. People already serving will choose to leave, and those considering service in the military will find other career options. Finally, the changes being implemented will empower the small minority of people who do have conscious gender or racial bias to act on those views. There aren’t many of these people in our military, but I can say from personal experience that they do exist.

If the Department of Defense and the nation are to move forward on gender and racial issues, we have to do it together. This means that white males like myself must join conversations that we may find uncomfortable and we must develop and display empathy for people unlike ourselves. That is called leadership. Conversations about race and gender are still going to happen no matter what policies are put in place to outlaw DEI training, ban certain words or eliminate affinity groups. Because of what the Trump administration and Secretary Hegseth are doing those conversations just won’t include white males. That is not going to make our military more united or stronger. It is going to make us weaker.”

https://www.politico.com/news/magazine/2025/03/19/dei-pentagon-hegseth-trump-00236799

Trump workforce cuts could create a recruiting opening for adversaries

“The Trump administration’s rapid slashing of the government workforce creates fertile ground for foreign adversaries to recruit disgruntled staffers who know some of the nation’s most closely guarded secrets, according to former intelligence officials and national security insiders.

Hundreds of intelligence and national security officials who had access to reams of classified information are among the tens of thousands of federal workers who lost their jobs since President Donald Trump returned to the White House.”

https://www.politico.com/news/2025/03/21/federal-workforce-cuts-foreign-spies-00003590

Trump’s TikTok-Oracle deal could break the law — but nobody can stop him

“Across Washington, China hawks are trying to draw a hard line against any plan that would let ByteDance maintain a degree of control of the company or insight into its underlying technology, both of which are banned by the bipartisan 2024 law passed by Congress.

But Trump is already violating that law by allowing the app to stay online. And if his promised deal goes through, Congress has almost no leverage to stop it: The law leaves final approval in the president’s hands, and lawmakers can’t take him to court even if he violates its clear meaning.

“Congress does not have standing to sue,” said Alan Rozenshtein, a professor at the University of Minnesota Law School. He said a lawmaker can typically only file suit if they’re personally harmed by a violation.

An illegal TikTok-Oracle deal blessed by Trump would immediately join a host of White House actions that flout settled law. The Trump administration is being sued for breaking laws around deportations, civil-service protections, federal spending rules, government data-sharing and more — all of which are now playing out in federal courts across the country.

When it comes to TikTok, however, even the courts offer little recourse to enforce the 2024 law, which the Supreme Court unanimously affirmed in January.

The law requires a “qualified divestiture” of TikTok — an arrangement where ByteDance gives up all control of both the company and the powerful algorithm that runs TikTok’s video-sharing service. It can retain at most a 20 percent financial stake in the company.

The Oracle deal under discussion — a modification of a prior arrangement between TikTok and Oracle, where U.S. user data was stored on Oracle-run servers while ByteDance retained a role in TikTok’s operations — would likely flunk one or more of those tests. But it’s Trump who is ultimately empowered to declare an agreement acceptable.

“The president gets to decide what constitutes a qualified divestiture,” said Michael Sobolik, a former national security staffer for Sen. Ted Cruz (R-Texas) and senior fellow at the conservative Hudson Institute. “That is completely up to him, even though the contours of what needs to happen in a divestiture are spelled out in the law.”

China hawks on Capitol Hill are rattling their sabers at Trump, warning against any deal that keeps ByteDance in the room.

“The law is clear,” Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on China, wrote on Tuesday. “Any deal must eliminate Chinese influence and control over the app to safeguard our interests.”

But Moolenaar and other lawmakers have few options to stop Trump once he decides to proceed. And lawyers say Washington’s sense of powerlessness is compounded by the fact that the White House is already ignoring the TikTok law.”

https://www.politico.com/news/2025/03/21/trumps-tiktok-oracle-deal-could-break-the-law-but-nobody-can-stop-him-00242107

‘Bad sign’: Purge of data experts raises alarms over economic reports

“The Trump administration has dismissed advisers to key statistical agencies behind major economic reports, sparking warnings that the cuts will jeopardize the quality of data critical to policymakers and Wall Street investors.

Economists, academics and corporate officials serving on a board of unpaid advisers to the Labor Department’s statistical bureau were told this week they were no longer needed, two of the former members told POLITICO. Similar committees that advised the Commerce Department’s Bureau of Economic Analysis and the Census Bureau have also been let go. And the Federal Housing Finance Authority placed workers who assisted with its widely cited home price index on administrative leave Wednesday.”

https://www.politico.com/news/2025/03/21/labor-commerce-department-economy-data-doge-00241559