pop culture
The headline rundown: Modern popular culture topics in the realm of politics, legislation and activism.
Elon Musk Launches the America Party: What It Means for 2025 and Beyond
On July 5, 2025, Elon Musk took a surprising political leap: he officially launched the America Party, proclaiming its mission on X (formerly Twitter) as “to give you back your freedom.” This ambitious move follows his falling out with former ally Donald Trump over the controversial “One Big Beautiful Bill” and signals a dramatic shift in the landscape of American politics.
By Bevy Osuos6 months ago in The Swamp
Investors traded a record $6.6 trillion worth of stock in the first half of 2025
In the first half of 2025, "Global Stock Trading Hits Record $6.6 Trillion" Global stock markets witnessed an unprecedented surge in activity in the first half of 2025, as total trading volumes soared to a record \$6.6 trillion. This milestone, the highest half-year figure in history, reflects heightened investor engagement driven by a mix of economic optimism, technological advancements, and a new wave of retail participation reshaping the financial landscape.
By GLOBAL NEWS7 months ago in The Swamp
Big Beautiful Bill Explained: What It Does, When It Starts & Who Wins
What Is the “Big Beautiful Bill”? The One Big Beautiful Bill Act (OBBBA) better known as the Big Beautiful Bill is a sweeping tax and spending reconciliation package championed by President Donald Trump. After months of negotiation, intense debate, and tight votes, it passed the Senate on July 1, followed by the House on July 3, and was signed by President Trump on July 4, 2025.
By Bevy Osuos7 months ago in The Swamp
When Does the Big Beautiful Bill Take Effect?
What Is the Big Beautiful Bill?⏳ Commonly known as the “One Big Beautiful Bill Act” (OBBBA) or Big Beautiful Bill (BBB), this massive tax-and-spending reconciliation package passed Congress in early July 2025 . It merges tax cuts, assistance program reductions, and major budget reallocations into a sweeping policy.
By Bevy Osuos7 months ago in The Swamp
No Taxes on Tips or Overtime? Trump’s Tax Bombshell Just Changed the Game
If you’ve ever stayed late to finish your shift or depended on tips to keep the lights on, this one's for you. Because as of this week, thanks to a massive new tax overhaul just pushed through by Donald Trump, tips and overtime pay may no longer be taxed at the federal level.
By Bevy Osuos7 months ago in The Swamp
Johnson pushes to get House GOP holdouts to back tax bill
**Johnson Pushes to Get House GOP Holdouts to Back Tax Bill** House Speaker Mike Johnson is intensifying efforts to rally support among Republican holdouts in the House of Representatives as the GOP attempts to pass a significant tax package. The bill, which has been a priority for House Republicans, includes extensions of business tax breaks, increases in the child tax credit, and measures aimed at economic growth. However, internal party divisions have threatened its passage, with several conservative members withholding their support.
By GLOBAL NEWS7 months ago in The Swamp
Oikophobia, or How the Left Learned to Hate Its Own Reflection
Let us begin with a word that sounds like a Victorian sneeze and carries the diagnostic precision of a Freudian sideshow act: oikophobia. No, it's not an obscure Mediterranean allergy, though you'd be forgiven for imagining it's what afflicts aristocrats when confronted with the working class. Rather, it's the fashionable loathing of one's own cultural home—an ideological self-flagellation that has become the ambient theology of a disturbingly large segment of modern progressivism.
By Conrad Hannon7 months ago in The Swamp
What I Learned Growing Up in a Cult. Top Story - June 2025.
Earlier this week I was talking to a coworker about life. After a while, we somehow got on the subject of religion. I had to explain that I have an aversion to most organized forms of religion, having been raised in a church that at the time was very cult-like, and later after a split, the faction that stayed with the original leader went full cult. But that begs the question.
By Atomic Historian7 months ago in The Swamp
Oil price jumps after US strikes Iran
"A Deep Dive into Global Energy Markets": "Oil Price Jumps After US Strikes Iran" In a move that has sent shockwaves through global markets, the price of crude oil spiked following a series of military strikes carried out by the United States against Iranian targets. The escalation of tensions between two of the world's most influential oil-producing nations has led to uncertainty in the energy sector, with far-reaching implications for both oil prices and the broader geopolitical landscape.
By GLOBAL NEWS7 months ago in The Swamp
Bitcoin vs Open Interest Should traders be worried by THIS divergence
The price action of Bitcoin has recently been scrutinized, but savvy traders are also paying attention to something even more telling: a significant divergence between open interest in Bitcoin and its price. The derivatives market may be sending a cautious signal while the spot market maintains its optimism. Analysts are concerned about this divergence, which raises the question of whether traders should be concerned. Understanding what open interest actually entails is essential before delving into its ramifications. The total number of unresolved derivative contracts in the futures and options markets is referred to as open interest. It shows how much activity and participation there is in the market. An increase in open interest typically suggests that new money is flowing into the market, which can reinforce a trend. A decline could indicate that traders are closing positions, which could indicate indecisiveness or exhaustion of the trend. The price of Bitcoin has been either steady or showing signs of rising, hovering in bullish territory above key support levels in recent weeks. However, open interest in Bitcoin futures has not followed suit. In fact, in several instances, open interest has dropped or stagnated while prices climbed—a classic divergence.
By GLOBAL NEWS7 months ago in The Swamp
Altcoin season could be near: Why June can see a 2021-style rally
**Altcoin Season Could Be Near: Why June Can See a 2021-Style Rally** Numerous analysts and investors are beginning to speculate that an altcoin season may be just around the corner as the cryptocurrency market continues to show signs of recovery. The month of June, historically a favorable period for crypto rallies, is shaping up to potentially mirror the explosive growth seen in 2021. The stage may be set for altcoins to take the lead as Bitcoin's strength and dominance plateau. ### What Is the Season for Altcoins? Altcoin season, or "alt season," refers to a period when alternative cryptocurrencies—those other than Bitcoin—outperform the leading digital asset. During this phase, investors rotate capital from Bitcoin into smaller market cap assets in pursuit of higher gains. This is a time when tokens like Ethereum, Solana, Cardano, and a number of smaller-cap projects saw huge returns in a short amount of time. Typically, altcoin seasons follow a strong Bitcoin rally as market participants look for the “next big thing.”
By GLOBAL NEWS7 months ago in The Swamp
