| ◼ For the people who think it’s okay to kill those who block others’ medical care: We have some very bad news about Justin Trudeau.
◼ The man who allegedly murdered Brian Thompson, the CEO of UnitedHealthcare, was arrested in a McDonald’s in Altoona, Pa., having been spotted by a local who was in for his morning coffee. On his person, the suspect had multiple fake IDs, a handgun with a suppressor, and a short manifesto in which he railed against the health-insurance industry. Responding to the news, Senator Elizabeth Warren (D., Mass.) spoke for the crazy faction within American politics by insisting that “violence is never the answer, but people can only be pushed so far.” Speaking for everyone else, Senator John Fetterman (D., Pa.) observed that the killer was “the asshole that’s going to die in prison,” that social media is a “sewer,” that the legacy media had been irresponsible in its coverage, and that the victim had “two children that are going to grow up without their father.” “If you’ve gunned someone down that you don’t happen to agree with their views or the business that they’re in, hey, you know, I’m next, they’re next, he’s next, she’s next,” Fetterman said. However smart or insightful someone might believe himself to be, he has no license to opt out of the social contract and begin murdering those who he believes are beyond the pale.
◼ The good old American jury system, a quarter of a millennium after the Revolution, continues to serve as the best means of administering justice known to man. Last year, a man named Daniel Penny intervened on a subway train in New York City after a passenger who had been behaving erratically threatened to kill at least one of the passengers. In the ensuing fight, the offender died—which, disgracefully, prompted Manhattan’s errant district attorney, Alvin Bragg, to charge Penny with second-degree manslaughter and criminally negligent homicide. The trial, which gained national attention, eventually ended in chaos: After the jury deadlocked on the manslaughter accusation, the judge took the extraordinary step of dismissing that charge with prejudice and instructing the twelve members to move on to criminally negligent homicide. This the jury did, swiftly finding Penny “not guilty.” Thanks to the principle of double jeopardy, Penny cannot be retried on either count. That is a victory for common sense and justice, but it is a lesser victory than would have been achieved had the prosecution not been brought in the first instance. Clearly, while Alvin Bragg remains in office, Manhattan’s priorities will remain upside-down, with only the good guys having to fear the prospect of punishment for their deeds.
◼ At the start of last week, the nomination of Pete Hegseth to be the next secretary of defense appeared to be on shaky ground. The Wall Street Journal reported that President-elect Trump and his team were looking at other options to run the Pentagon. Puck News wrote that “Trump’s cabinet nominees are falling like dominoes” under a picture of Hegseth. Except Hegseth didn’t fall, and a slew of Trump allies began a concerted pressure campaign on Senator Joni Ernst (R., Iowa), who had sounded less than enthusiastic. Then Trump allies including Steve Bannon and Steve Deace launched an intense pressure campaign, complete with threats of a primary challenge to Ernst in 2026 if she opposed Hegseth. By Monday, Ernst’s tone had changed considerably: She called her conversations with the nominee “encouraging” and concluded, “As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” The short-lived nomination of Matt Gaetz demonstrates that Republican senators won’t sign off on every nominee sent up to Capitol Hill for confirmation. But the improving outlook for Hegseth illuminates that Trump has his own forms of leverage as well.
◼ Trump—elected, but not yet in office—has clearly been enjoying his post–November 5 honeymoon, meeting with a queue of world leaders at his Mar-a-Lago estate in Florida while the rest of America anxiously waits for a vanished Joe Biden to technically cross the finish line. The meetings are typically conducted with the expected amount of Trump hospitality and charm, often with a photograph after the event and a kind word on his Truth Social account. That was, until Canadian prime minister Justin Trudeau made his pilgrimage to West Palm Beach. Trump saluted him on his account afterward with the sort of comic brutality one rarely sees from a president: “It was a pleasure to have dinner the other night with Governor Justin Trudeau of the Great State of Canada. I look forward to seeing the Governor again soon so that we may continue our in depth talks on Tariffs and trade.” Fine, we guess, but we draw the line at Quebec.
◼ Presidents have intervened only eight times to block corporate acquisitions under the aegis of the Committee on Foreign Investment in the United States. Never has this extraordinary power been invoked for steel or against a company from Japan. But Joe Biden might before he leaves office, and Trump has said he will when he enters, block the acquisition of U.S. Steel by Nippon Steel. There are no national-security reasons to block the sale, as Japan is one of America’s closest allies, Japan is already the No. 1 source of foreign direct investment in the U.S., and Japanese companies currently employ nearly 1 million Americans. The United Steelworkers and the politicians who want to curry their favor oppose the sale, as does Ohio-based Cleveland-Cliffs, which could get the government to undo the results of the bidding process it lost to Nippon Steel. If the federal government wants to say anything at all about this deal, a simple “thank you” for the billions of dollars in investment would suffice. But ideally it would be silent, as it is for most mid-cap acquisitions, presuming that shareholders know best what to do with the companies they own. |