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Category: Kevin Drum

Donald Trump’s Mental Faculties Continue to Erode

Aaron Chown/PA Wire via ZUMA Looking for news you can trust?Subscribe to our free newsletters. Mark Schmidt of the New York Times held an impromptu interview with President Trump at Mar-a-Lago yesterday, and there are takes galore lighting up the internet. Probably all of them are accurate, but for my money the main takeaway isn’t…

A Cannabis Resort in the Mojave Desert? Sure, Why Not.

Looking for news you can trust?Subscribe to our free newsletters. The tiny town of Nipton, on the eastern edge of California in the Mojave Desert,¹ is about to become Marijuanaville: The nation’s largest publicly traded marijuana company, American Green, recently bought the town for $5 million, with plans to develop a “cannabis-driven” resort on the…

After I Complain, Bitcoin Gets Its Act Together

Looking for news you can trust?Subscribe to our free newsletters. Kevin Drum gets results! Yesterday I complained that for the past four weeks, the lowest trade for bitcoin has been exactly $10,000. Suspicious! Today, a reader emails to tell me that the low trade is $13,611.86. Interesting! I don’t know what happened, but I intend…