F Lam @fplam
MIT Polymath San Diego, CA Joined August 2009-
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Wow, the S&P Dow Jones Indices has just officially announced that they will NOT be changing their inclusion rules to make it easier for “MegaCap” companies (such as @SpaceX) to be fast-tracked into the S&P 500. Their reasoning: "S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representativeness, the current methodology provides substantial market coverage and sector balance. As a result, the indices can continue to meet their stated objectives while preserving their role as representative and investable benchmarks for the U.S. equity market. No changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family." This means that the earliest @SpaceX could be eligible to be added to the S&P 500 would now be June 2027. The requirements that will now remain in place are: • No changes to S&P 500 eligibility rules for mega-cap companies. • Mega-cap companies will still need to wait 12 months after their IPO before being considered for S&P 500 inclusion. • S&P will not waive profitability requirements for mega-cap companies. The company must have positive GAAP net income in the most recent quarter, and the sum of the most recent four consecutive quarters. • S&P will not waive minimum public float requirements for mega-cap companies. At least 10% of a company's shares must be publicly tradable ("free float"). The S&P rejected proposals that would have: • Reduced the IPO seasoning period from 12 months to 6 months • Waived profitability requirements • Waived minimum public float requirements
I stood at this pool, at both monuments and saw both reflections… He’s a God damn idiot, as are the fools that support him. The “Reflection Pool” wasn’t designed by American architect Henry Bacon a hundred years ago to look like a swimming pool. It’s designed to have a darkened characteristics that has reflective qualities to reflect the monuments. That way, the Washington Monument is reflective to you when at the Lincoln Memorial, and when at the Washington Monument, the Lincoln Memorial is reflective to you. It’s designed to enhance the grandeur of monuments, create an illusion of reflection, and inclusion of expansive space of unity. He’s a tacky vulgar person that vulgarizes everything he touches. America isn’t becoming great, it’s becoming vulgar. Credit - Mathew Reed
Rep. Fletcher: The New World screwworm has been found in Texas. This flesh-eating parasite previously eradicated from the U.S. poses a huge threat to our cattle. Last March, the Trump administration fired more than 15,000 USDA employees and eliminated a program to contain the screwworm in Central America. The threat of New World screwworm is just one consequence of the Trump administration's reckless campaign to eliminate funding for government programs that Americans rely on.
Yesterday I told you the government is pulling 900 ocean monitoring instruments out of the water. Here is the part that should make every American angry, regardless of where you stand on climate. Congress voted to fund this network. Not once. Twice. The Trump administration proposed cutting it by 80 percent in 2025. Congress restored the money. Proposed the same cut in 2026. Congress restored the money again. So the administration labeled it a "descope" and ordered the instruments pulled anyway. That is not a budget disagreement. That is an executive branch telling the legislative branch that its votes do not matter. The public paid for this infrastructure. Congress protected it. One office in Washington decided the public should not have it. This is the pattern I document in 𝑾𝒆 𝑨𝒓𝒆 𝒕𝒉𝒆 𝑩𝒂𝒅 𝑮𝒖𝒚𝒔. It is not about left or right. It is about who decides what Americans are allowed to know about their own planet. Who should make that call?
The US spent millions every year tracking and releasing sterile screwworm flies to keep the population controlled and prevent it spreading north of Central America, then Donald Trump and Elon Musk paid those people to resign under the DOGE efforts. They did this.
New World screwworm, a parasitic fly that eats warm-blooded animals alive, has been found in a calf in Texas, the US Department of Agriculture said, exposing the nation's cattle herd to a serious new threat reut.rs/4o895qg
HOLY CRAP Trump actually accomplished a miracle. Here is what he got out of Iran: - Reduce its stockpile of enriched uranium by about 98% - Limit uranium enrichment to 3.67% purity (far below weapons-grade) - Cut the number of installed centrifuges by roughly two-thirds - Only enrich uranium at one declared site (Natanz) - Stop enrichment activities at Fordow and convert it into a research facility - Redesign the Arak heavy-water reactor so it could not easily produce weapons-grade plutonium - Ship out or dilute excess enriched uranium Allow extensive inspections by the International Atomic Energy Agency (IAEA) Permit continuous monitoring of nuclear facilities and supply chains - Accept “snap” inspections under expanded monitoring rules - Avoid building new heavy-water reactors for years - Stay within strict limits on uranium stockpile size and centrifuge development for set periods ranging from 10–25 years Ooops, sorry! That was the JCPOA that Obama signed with Iran, only to have him tear it up, kill 140 kids, get hundreds of Americans injured, 13 killed, and gas prices to surge 50%.
COMMENTARY: Let’s say it plainly: There has never been a president as corrupt as Donald Trump. There is no close second in our history. rollingstone.com/politics/polit…
CONFIRMED: Trump’s DOJ has settled Trump’s own lawsuit against his own IRS by creating a $1.776 billion taxpayer-funded “anti-weaponization” fund for people who claim they were politically targeted. Trump sued the government he controls, then his DOJ agreed to create a billion-dollar fund that can benefit his political allies, paid for by the American people. If spread across American households, that is roughly $14 per household to fund this disgusting program. So while families are being told there is no money for health care, schools, child care, disaster relief, or lowering costs, Trump’s government somehow found $1.776 billion to compensate the people in his political orbit. This is CORRUPTION!
Ahem MAGA
The US government already has a ballroom just down the street. The Andrew Mellon Auditorium is less than a mile away from the White House is beautiful and accommodates more people than the new ballroom will and is owned by the U.S. Government. via Shelia Earl
And yet, when the Supreme Court ruled that our maps were illegal in Milligan, we had to use those same illegally drawn districts for another entire election cycle because, the court said, it was “too close” to the election (even though that decision came in February).
We are one week away from Alabama’s primary elections. Numerous voters have already cast absentee ballots. Yet the State of Alabama is charging ahead with NEW ELECTIONS, sowing confusion among voters and wasting taxpayer dollars in their effort to suppress Black representation.
No surprise. After Trump failed to reimburse Florida for Alligator Alcatraz, the state is now moving to shut it down. Nearly a billion dollars of taxpayer money. Inhumane conditions. Environmental travesty. Ron DeSantis built this. Branded it. Gave no bid contracts to his buddies. Threw a party to celebrate it. Now he wants to quietly shut it down and hope no one notices. We notice. And every official who let it happen will answer for it.
In Texas, A 18-year-old girl experienced a miscarriage at around six months pregnant. She visited emergency rooms three times over about 20 hours. On her second visit, she screened positive for sepsis, but doctors discharged her because the fetus still had a heartbeat, saying she was "fine to leave." On the third visit, an OB-GYN insisted on two ultrasounds to "confirm fetal demise" before admitting her to intensive care. She died hours later from sepsis complications. Her mother later said it felt like doctors were more concerned about the fetal heartbeat than her daughter's life.
Ted Lieu says the unreleased Epstein files show Trump r*ping children. That’s what’s being hidden. That’s why the files stay sealed. That’s why there are no arrests. Release everything. Or resign.
When Neil Gorsuch tried for 2 years to sell his $1.8M property with no luck, but only 9 days after getting confirmed to the Supreme Court, sold it to a lawyer with multiple cases before SCOTUS, then failed to disclose the buyer’s identity - there’s a stench on the bench.
We don’t have to live like this. Republicans are dragging us down. Bottom 5 murder rate: All Republican Bottom 5 poverty: All Republican Bottom 5 in life expectancy: All Republican Bottom 5 education: All Republican Bottom 5 healthcare: All Republican Bottom 5 obesity rates: All Republican Bottom 5 infant mortality: All Republican Bottom 5 in air quality: All Republican Bottom 5 in GDP: All Republican Bottom 5 in GDP per capita: All Republican Bottom 5 in income: All Republican Bottom 5 in quality of life: All Republican Bottom 5 federal dependency:All Republican
Total Jobs Created by Party (1989-2026): Democratic Presidents 50,600,000 Republican Presidents 1,469,000 The biggest scam the GOP has ever pulled off is convincing people that Republicans are good for the economy.
BREAKING: Mystery group opens MASSIVE physical library in New York City containing all 3,400 volumes of the Epstein files as critics accuse DOJ of hiding the truth. While the Justice Department under new Acting Attorney General Todd Blanche continues to drag its feet on the Epstein Files Transparency Act, a group called the Institute for Primary Facts has taken matters into its own hands — and the result is as haunting as it is powerful. The group has opened a physical reading room in New York City, housing every page of the Epstein files across more than 3,400 volumes. Part public art installation, part functioning library, the space contains 17,000 pounds of evidence documenting the crimes of Jeffrey Epstein and his network of powerful enablers. MS Now contributor Lisa Rubin previewed the space and spoke with David Garrett, a businessman turned activist who serves as spokesperson for the group. His explanation for why they built it physically rather than digitally cuts right to the heart of why this library matters: "When you're looking at something digitally, whether it's on your phone or on your computer, that digital experience makes it very difficult to really understand the scale of what we're talking about. What we have here is really focused on the survivors and the victims. What we wanted to build was a way to honor the survivors and victims and surround them by 17,000 pounds of evidence of those crimes." Seventeen thousand pounds. Walk into that room and you feel the weight of what was done and what has been hidden. But here's the detail that tells you everything about where we still are: most visitors to the reading room won't be allowed to page through the documents. Not because the Institute is being secretive — but because the DOJ's redactions remain so inadequate that the files are still not safe to read without putting the survivors at risk. Even the people Epstein victimized cannot safely read the government's own files about their victimization at this point. The Justice Department has released millions of pages. Pam Bondi and her successor have called it exhaustive. Congressional investigators found a sealed suicide note the DOJ had never seen. Survivors issued a joint statement saying the burden of truth must fall on the powerful, not on them. And now a mysterious group with 3,400 volumes and 17,000 pounds of paper is doing more to honor that truth than the Department of Justice has managed in years. Please like and share this story if you believe that Epstein's survivors deserve the full truth — and that the people who victimized them and those who covered up the whole scandal deserve to face accountability.
The greatest trick the devil ever pulled is convincing people that Republicans are good for the economy.
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