What if the only lesson of the NYC mayoral race is who will be the mayor of NYC? Because of the media saturation, it wouldn’t be the first time that a local New York City story was covered as if it represented and impacted the entire nation. I know more about Manhattan’s traffic congestion pricing than I know about my own commute (and I work from home). But these days, maybe a NYC mayoral election really does represent something more. We’ve certainly been told for months that it will shake everything from the five boroughs to Washington DC to the West Bank. Even Elon Musk has chimed in, so maybe this city election’s reach actually extends all the way to Mars. One thing is for sure. A famous adage of American elections is no longer accurate. As David Graham explains in The Atlantic (Gift Article): No Politics Is Local. “The nationalization of politics is a familiar story, especially in Congress. As the parties have become more polarized in recent years, voters have become less willing to cross the aisle or split their ballot between Democrats and Republicans—especially because animosity toward the other party is a central part of the polarization. The weakening of local media outlets, especially newspapers, has also left citizens far more informed and invested in national political dynamics than matters closer to home. In the recent past, the idea that a New York mayoral candidate’s stance on Palestinian rights might affect his prospects would have appeared peculiar. And the idea that his platform on rent control could sway U.S. House votes in Texas or Nevada—as Republicans hope and centrist Democrats worry—would have seemed downright preposterous. Today, dismissing either of those isn’t so easy.” In my neck of the woods, the most controversial measure on the ballot will determine whether or not a portion of a local park will be converted to make way for affordable housing. I’m just praying Trump posts his preference about this measure on Truth Social so I’ll know for sure how not to vote. 2Places EveryonePolitics isn’t the only thing that is simultaneously local and global. AI is driving our economy from the public markets to the public square. WSJ (Gift Article): What Happened When Small-Town America Became Data Center, USA. “Yesenia Leon-Tejeda, like many people on the frontier of America’s tech boom, is basking in newfound prosperity. Her hometown in northeast Oregon was not long ago known for a former chemical-weapons depot nearby, a state prison on the city’s outskirts and the strip clubs once dotting its main drag. But a growing fleet of Amazon data centers has turned the region around Umatilla into an unlikely nerve center for one of the most expensive infrastructure build-outs in U.S. history. The tech giant has pumped jobs, people and money into the community of roughly 8,000, doubling many home prices and enticing builders to etch new neighborhoods into surrounding hillsides.” 3Like He Owned the Place“Dick Cheney, widely regarded as the most powerful vice president in American history, who was George W. Bush’s running mate in two successful campaigns for the presidency and his most influential White House adviser in an era of terrorism, war and economic change, died Monday. He was 84.” Dick Cheney, Powerful Vice President and Washington Insider, Dies at 84. Cheney’s contentious time in office has long been debated. Perhaps what’s most notable at this particular moment in American history is that the last political act of the guy who was once the most powerful person in the GOP was to announce that he was voting for Kamala Harris because “we have a duty to put country above partisanship to defend our Constitution.” And almost no officials in his party listened. 4Between a Stock and Hard PlaceWall Street CEOs seem pretty concerned that the market is getting overheated. So concerned that they explained why a downturn is to be expected and will be a healthy thing. Of course, they’re probably trying to move the market toward a healthy downturn to avoid a more dramatic one. The response from the market? Pretty dramatic. Goldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff. Yesterday, my portfolio had my self-esteem at near highs. Today, once again, I’ve been put in my place. 5Extra, ExtraThe Discord Accord: “At 11:30 PM on Tuesday, September 9, Rakshya Bam stepped down from an army jeep outside military headquarters in a pitch-dark, locked-down Kathmandu. The 26-year-old hadn’t slept in more than a day. Her eyes were red-rimmed and glassy, the whites threaded with thin lines of fatigue. A wave of youth-led protests had rocked Nepal, born on Discord servers, TikTok feeds, and encrypted messaging apps. In just a few days, Bam had seen friends gunned down, watched parliament buildings smolder, and witnessed the collapse of the Nepalese government. Prime minister K. P. Sharma Oli had resigned, and the army had stepped in to try to restore order. Now, Bam was one of 10 young activists who had been summoned to an unprecedented meeting.” Wired: The Inside Story of How Gen Z Toppled Nepal’s Leader and Chose a New One on Discord. 6Bottom of the News |