Catch up with The Prospect’s latest weekly roundup, where David Dayen questions why universities function as hedge funds. Then Matt Stoller joins in to talk about the DOJ’s closing arguments in its antitrust case against Google. prospect.org/videos/2024-05…

god god

Democrats have made their decision to defend, or at least not condemn, the indictment of Henry Cuellar. That risks sending a message that corruption is OK if it's your side doing it:
prospect.org/blogs-and-news…

House Democratic leadership and the Congressional Hispanic Caucus have risen to Henry Cuellar's defense after being indicted on corruption charges. Admitting Cuellar did something wrong, David Dayen observes, would be admitting they were wrong to support him. prospect.org/blogs-and-news…

ICYMI

Today’s Israel-Palestine conflict can be traced back to Congress’ Johnson-Reed Act – almost 100 years old – that effectively outlawed immigration from Eastern and Southern European to restrict Jews coming to the U.S., Harold Meyerson
writes. prospect.org/world/2024-05-…

Virginia Commonwealth University’s recent violent police crackdown on peaceful student protestors was to the detriment of public safety needs in the broader community. prospect.org/education/2024…

The UAW’s win at Volkswagen is the largest NLRB-supervised election victory of factory workers since the 2008 win at Smithfield. Here’s Gene Bruskin talking about the lessons from the Smithfield campaign. prospect.org/labor/2024-02-…

Pro-Palestine students and faculty of eight DMV area colleges are collectively encamping and protesting Israel’s war in Gaza, as well as calling for divestments, on the campus of George Washington University. From Gerard and Lia Chien: prospect.org/education/2024…

.Tom Tomorrow’s latest cartoon critiques law enforcement’s militarized responses to crackdown on student protests. prospect.org/power/2024-05-…

Price fixing between OPEC and its orchestrator, Pioneer Natural Resources CEO Scott Sheffield, to inflate gas prices has ended up costing the average American $2,100 a year. From Luke Goldstein: prospect.org/power/2024-05-…

The Biden administration wants a pro-consumer FAA. Some senators, in both parties, would rather help the airlines. prospect.org/blogs-and-news…

Don't ask too many questions, or you might be an outside agitator too. prospect.org/power/2024-05-…

Our college intern-led reporting on campus protests continues with George Washington U., site of 8 DMV-area college demonstrations.
prospect.org/education/2024…

This ought to be a HUGE story.

We have a place that clearly corrupt businesses like Steward Health can go to shed their debts and immunize their executives. It's called the 'complex cases' bankruptcy panel of the Southern District of Texas, as moe tkacik explains:
prospect.org/health/hospita…

The FTC assembled evidence that Scott Sheffield, CEO of fracker Pioneer Resources, actively colluded with OPEC to keep production down & oil prices high.
Luke Goldstein looked at campaign donations for him & his company, which total almost $2 million.
prospect.org/power/2024-05-…

ICYMI: Steward Health filed for bankruptcy protection in the Southern District of Texas, the most notoriously corrupt bankruptcy court in America. moe tkacik reports: prospect.org/health/hospita…

Steward Health finally went into bankruptcy today, but they predictably did it in the most notorious bankruptcy court in America, where one of the judges used to work at their law firm. moe tkacik has the gory details:

prospect.org/health/hospita…

You guessed right - this is a private equity 'hospitals as (deadly) asset class' story.