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A Tribute to My Improbable Tea Party Friend

Robin Stublen, on his birthday last year, before he was diagnosed with cancer.Courtesy of the Stublen family Looking for news you can trust?Subscribe to our free newsletters. On paper, Robin Stublen and I should never have been friends. He was a Donald Trump-supporting self-identified redneck who hated Hillary Clinton and Barack Obama, thought liberals were…

Christmas Eve in Southern California

We need to raise $350,000 from readers like you by December 31. But there’s more to say than we can squeeze in here, so if you’re not ready to join us with a tax-deductible, year-end gift, please read why this moment feels so critical for the survival of investigative journalism. Mother Jones is a Nonprofit,…

Raw Data: The S&P 500 Price-Earnings Ratio

Looking for news you can trust?Subscribe to our free newsletters. Here’s the price-earnings ratio for the S&P 500 since World War II. Right now it’s hovering a little above 25. In the past three decades, it has never reached that point without leading quickly to either a deep correction or a full-blown recession.¹ Of course,…

Thinking About Investing in Bitcoin? Take a Look at How It’s Ruining the Planet in Real Time.

This story was originally published by Wired and is reproduced here as part of the Climate Desk collaboration. Let me freak you out for a second. You know what bitcoinis, right? I mean, no, but quickly, it’s a “cryptocurrency” that’s basically secret computer money. One bitcoin, which doesn’t actually have a real, physical form, is worth at this moment upward…