For obvious reasons, you've probably been feeling nostalgic lately, so maybe it comes as a relief that the 80s are back. We didn't bring back the Sony Walkman, phones attached to walls, VHS rental stores, the glory of personal computers not connected to the internet, our want for MTV, peak John Hughes films, Studio54, or an era before glucose monitors told us exactly the impact Fun Dip was having on our bodies. But, as you may have noticed in movies and TV shows, or perhaps on a more personal level, cocaine is back. If that surprises you, consider this: A Trump policy seems to have actually lowered the price of an internationally shipped good. The war on fentanyl and the refocusing of federal agents from drug interdiction to deportation efforts has led to a drop prices for cocaine—which combined with resurging demand, has resulted in an economic bump that's nothing to sniff at. That's left El Señor Mencho to toot his horn as the latest top dog in drug dealing. WSJ (Gift Article): America Loves Cocaine Again—Mexico’s New Drug King Cashes In. "Cocaine sold in the U.S. is cheaper and as pure as ever for retail buyers. Consumption in the western U.S. has increased 154% since 2019 and is up 19% during the same period in the eastern part of the country ... Oseguera, who grew up poor selling avocados, is making a killing from cocaine buyers in the U.S. His cartel transports the addictive powder by the ton from Colombia to Ecuador and then north to Mexico’s Pacific coast via speedboats and so-called narco subs." 2Buying Buy-InVictor Kiam used to advertise the Remington Shaver by saying, "I liked it so much, I bought the company." Today, we're seeing a different trend as billionaire Trump cronies are buying companies with features they hate. Consider that Skydance just bought Paramount, which gives the Ellison family control over CBS News (not to mention Stephen Colbert). Now Skydance is making a move for Warner Bros, which includes CNN. But it doesn't stop at traditional news sources, the right-leaning club also wants to control social media. Larry Ellison's Oracle will be among a consortium of buyers (with shared political views) taking over TikTok. "Let’s make a tally. That would mean the Murdoch family (or really now Lachlan Murdoch) controlling Fox News, the Journal, the NY Post and its other properties. Twitter, Tiktok, CBS, CNN and more owned by Elon Musk and the Ellison family. The Washington Post owned by Jeff Bezos." Josh Marshall: Top Trump Ally May Soon Control TikTok and CNN. 3Send Out the Marines"According to polls, Americans strongly agree that immigrants without legal status should be deported if they have been convicted of a violent crime. But support for Mr. Trump’s immigration sweeps begins to erode when people are asked about the much larger group of undocumented immigrants with no police record who have worked and raised families in the United States." NYT (Gift Article): He Raised Three Marines. His Wife Is American. The U.S. Wants to Deport Him. 4Pop Mart Made a Bu Bu"The Wall Street bank’s downgrade comes amid signs that the hype surrounding Pop Mart’s designer toys is fading. The premium once commanded by Labubus — the firm’s rabbit-eared plush dolls sought by celebrities from BlackPink’s Lisa to David Beckham — is narrowing in secondary markets in China." Bloomberg (Gift Article): Fading Labubu Frenzy Wipes $13 Billion From Pop Mart Shares. (Hey, cocaine made a comeback. Why not Labubus?) 5Extra, ExtraIll Advised: "I was fired for holding the line on scientific integrity. I had refused to commit to approving vaccine recommendations without evidence, fire career officials without cause, or resign." Ex-CDC director Susan Monarez tells senators that RFK Jr. required political sign-off on decisions, called for firings without cause. (That's basically the cabinet M.O. these days. But this example is going to make us ill in addition to making us sick.) Here's the latest on the Monarez hearings from NBC. 6Bottom of the News"Reno may be “the biggest little city in the world,” but it's got some serious competition from the miniature New York City that hobbyist Joseph Macken built in his upstate New York basement over two decades." This trucker built a scale model of NYC over 21 years. It’s drawing museums’ attention.
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Wednesday, September 17, 2025
Right Under Your Nose
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