Tootfinder

The financialization of the American electoral process is well documented.
Now two key progressive legislators are proposing a new law to do something about it. 
Sen. Bernie Sanders (I-VT) and Democratic Rep. Summer Lee (PA-12) introduced the
"Abolish Super PACs Act" on Capitol Hill on Wednesday.
It’s a measure they say will eliminate one the primary ways billionaires funnel cash into elections: super PACs.
The bill would limit donations to super PACs t…

Sanders, Lee move to rein in super PACs amid growing billionaire grip on US elections
The bill targets one of the central vehicles for unlimited outside spending, as progressives warn that billionaire money—and broader threats of voter intimidation—are putting democratic elections under strain.

SoftBank says it is struggling to find startups in Latin America ready for major investments and has completed only two new deals over the past two years (Bloomberg)
https://www.bloomberg.com/news/articles/2026-06-…

A dozen memes (in a thread) of the foreign policy moment: capitulation, surrender, losing the war.
🧵 1 of 3
#USpol #Iran #kegseth

Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange (Ben Weiss/Fortune)
https://fortune.com/2026/06/18/theodore-gillibrand-senator-kirstin-gillibrand-apec-american-perpetuals-exchange-corporation-lux-capital/
http://www.memeorandum.com/260619/p54#a260619p54

The historian Kim Phillips-Fein’s new book "Country of Lords" is a history of Neo-Aristocrats, Social Darwinists, Tech Utopians, and the Long Fight Against Equality in America.
Phillips-Fein studies conservatism and “questions about capitalism and democracy”.
Her first book "Invisible Hands", was a study of businessmen who fought the New Deal of the 1930s.
Her second, "Fear City", about the New York economic crisis of the 1970s, was a finalis…

Social Darwinists to tech bros: tracing the long fight against equality in US
Historian Kim Phillips-Fein’s book Country of Lords looks back at the many men who have tried to fight against egalitarianism, from John Adams to Peter Thiel

No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury …
— Amendment V, United States Constitution
Two hundred and fifty years since the nation’s founding, and almost as many since the adoption of the Bill of Rights,
the role of the grand jury in the American criminal justice system continues to spark debate.
Recently, scrutiny of the grand jury and renewed calls to strengthen it as a bulwark…

Trust, But Verify: Three Grand Jury Reforms to Hold the Government Accountable
Steps should be taken to strengthen grand juries by giving courts and defense counsel more tools to act as a much-needed check on prosecutors.

Sources: APEC, a derivatives exchange founded by the 22-year-old son of pro-crypto Senator Kirsten Gillibrand, raised $30M led by Lux at a $300M valuation (Ben Weiss/Fortune)
https://fortune.com/2026/06/18/theodor

Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange
Lux Capital led the investment, which values the Stanford graduate’s exchange at $300 million.

➡️ Anarchist Federation
#bookmarks

Trump has signed a little-noticed national security directive identifying
“anti-Christian” and “anti-American” views as
indicators of radical left violence.
Called National Security Presidential Memorandum 7,
it’s being referred to as “NSPM-7” by administration insiders.
“This is the first time in American history that there is an
all-of-government effort to dismantle left wing terrorism,”
Trump’s homeland security advisor Stephen Miller said,

Trump’s NSPM-7 Labels Common Beliefs As Terrorism “Indicators”
New directive targets “anti-Christian,” “anti-American,” and “anti-capitalism” opinions

Remember the spectacular Russian energy sanctions fiasco?
Europe convinced itself that cutting off Russian gas would bring Moscow to its knees.
Instead, Russia pivoted east, selling to India and China, while European factories bled out under the weight of energy costs they could no longer absorb.
-- The pain landed in the wrong capital.
Washington is now running the identical play with semiconductors,
apparently hoping for a different result.
That is …

The boomerang: How America’s semiconductor war backfired
There is an ancient Chinese proverb that Washington strategists should have remembered: “When you shoot an arrow of revenge, dig two graves.” They didn’t listen. And now we are wa…