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Judd Legum @JuddLegum
"Players lost $10 billion on table games such as blackjack and roulette, up nearly 14% from $8.8 billion." — PolitiTweet.org
Judd Legum @JuddLegum
"Across the U.S., gamblers lost $34.2 billion on slot machines last year, up about 5% from nearly $32.5 billion in 2021" https://t.co/R0zfDMIW4A — PolitiTweet.org
Judd Legum @JuddLegum
Just FYI, the one of the richest men in the world bought one of the biggest communications platforms for $44 billion, complained the old owners manipulated the algorithm, and then changed the algorithm to show his own posts to EVERYONE, whether they followed him or not — PolitiTweet.org
Judd Legum @JuddLegum
15. Were you interested in this thread? Well, you made it this far. Prediction: YOU'LL REALLY LIKE OUR NEWSLETTER. ✅ UPDATES on this story ✅ More accountability journalism ✅ More in-depth research And ✅ It's free to sign up https://t.co/TfpCItdVSo — PolitiTweet.org
Judd Legum @JuddLegum
14. One person who stands to make millions from the stock buybacks is Norfolk Southern CEO James Squires. Squires made $14 million in 2021 mostly in stock awards and options. The value of those awards/options will likely increase due to buybacks. https://t.co/Q8ssCAf1et — PolitiTweet.org
Judd Legum @JuddLegum
13. Instead, Norfolk Southern has taken the higher profits from Precision Scheduled Railroading and used it to repurchase shares of its own stock — a practice that benefits executives and investors by increasing the price. — PolitiTweet.org
Judd Legum @JuddLegum
12. Unions representing freight rail workers have warned for years that "with the stakes so high any time a train derails, the new system is risky." Their concerns were ignored. — PolitiTweet.org
Judd Legum @JuddLegum
11. There has also been a push to reduce the amount of time that the trains are not in motion, which means "the amount of time carmen have to inspect each car in a train has been reduced by more than half — from three minutes to just 60 seconds." — PolitiTweet.org
Judd Legum @JuddLegum
10. Jobs were slashed as part of a broader cost-cutting system called "Precision Scheduled Railroading" The system also involved increasing speeds and lengthening trains — with some trains stretching more than two miles. https://t.co/Q8ssCAf1et — PolitiTweet.org
Judd Legum @JuddLegum
9. Another issue Tucker and Hannity would need to focus on is corporate greed. Over the last five years, "22% of the jobs at railroads Union Pacific, CSX, and Norfolk Southern have been eliminated." — PolitiTweet.org
Judd Legum @JuddLegum
8. In 2021, the DOT, under the Biden administration, proposed to suspend the LNG rule, and announced that it would be releasing a new rule. But the suspension and the new rule have been “delayed twice." It is expected to be finalized in March. — PolitiTweet.org
Judd Legum @JuddLegum
7. In 2020, the Trump administration also authorized the transport of Liquefied Natural Gas by rail–reversing federal policy. According to one environmental group, “it would only take 22 tank cars to hold the equivalent energy of the Hiroshima bomb.” https://t.co/Q8ssCAf1et — PolitiTweet.org
Judd Legum @JuddLegum
6. The Obama administration did pass a rule mandating the use of modern electronic braking systems by 2021. But, again, in response to industry lobbying, the Trump administration repealed it. And the Biden administration has not revived it. — PolitiTweet.org
Judd Legum @JuddLegum
5. In 2014, following a series of derailments, the Obama admin weighed new rules for trains carrying hazardous materials. But after pressure from railroads, the final measure included only crude oil and exempted chemicals like vinyl chloride carried by the train in Ohio — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 6. The Obama administration did pass a rule mandating the use of modern electronic breaking systems by 2021. But, again in response to industry lobbying, the Trump administration repealed it. And the Biden administration has not revived it. — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 5. In 2014, following a series of derailments, the Obama admin weighed new rules for trains carrying hazardous materials. But after pressure from railroads, the final measure included only crude oil and exempted chemicals like vinyl chloride carried by the train in Ohio — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 5. The Obama administration did pass a rule mandating the use of modern electronic breaking systems by 2021. But, again in response to industry lobbying, the Trump administration repealed it. And the Biden administration has not revived it. — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 4. In 2014, following a series of derailments, the Obama admin weighed new rules for trains carrying hazardous materials. But after pressure from railroads, the final measure included only crude oil and exempted chemicals like vinyl chloride carried by the train in Ohio — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 4. Although the Norfolk Southern train in Ohio caused a days-long fire and released toxic fumes, it was not classified as a “high-hazard flammable train.” This is because rail companies have vehemently opposed federal safety initiatives for years https://t.co/Q8ssCAf1et — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson @seanhannity 3. But it's not enough to feign concern. What would it take for the federal government to be "on top of this?" Carlson and Hannity may not like the answer It involves imposing regulations — even when they are opposed by private industry — and reining in corporate greed — PolitiTweet.org
Judd Legum @JuddLegum
@TuckerCarlson 2. Fox News' @seanhannity expressed similar sentiments, arguing that "[t]he people in your neighboring community deserve to know that the government is on top of this, so that they can raise their children in an environment that is safe." — PolitiTweet.org
Judd Legum @JuddLegum
1. The train derailment in Ohio has become big issue across the political spectrum Even @TuckerCarlson is concerned He's mostly concerned because the area is full of Trump supporters But it's a useful reminder that ENVIRONMENTAL ISSUES IMPACT EVERYONE https://t.co/OCq0Q6FatI — PolitiTweet.org
Judd Legum @JuddLegum
I don’t follow Elon Musk. https://t.co/41Hkge1CBl — PolitiTweet.org
Judd Legum @JuddLegum
Musk tweets constantly about how Twitter is now politically neutral and then force feeds his reactionary political opinions to the entire user base — PolitiTweet.org
Judd Legum @JuddLegum
“After Musk threatened to fire his remaining engineers, they built a system designed to ensure that Musk — and Musk alone — benefits from previously unheard-of promotion of his tweets to the entire user base.” — PolitiTweet.org
Judd Legum @JuddLegum
Elon Musk’s cousin called an emergency meeting of Twitter engineers at 230 AM after the Super Bowl because Elon was pissed his tweets got less engagement than Biden. https://t.co/HIgUuM2mAk — PolitiTweet.org
Judd Legum @JuddLegum
UPDATE: https://t.co/8dwzw2asy1 — PolitiTweet.org
Judd Legum @JuddLegum
11. Free yourself from the grip of algorithms controlled by narcissistic billionaires and subscribe directly to the Popular Information newsletter. It's free to sign up. https://t.co/TfpCItetHW — PolitiTweet.org
Judd Legum @JuddLegum
10. If you happened to catch this thread in the "For You" column, it was a fluke. Musk is changing the algorithm to mostly show his own tweets. I wish this were a joke. https://t.co/PPKBjvsnBn — PolitiTweet.org
Judd Legum @JuddLegum
9. Biden's rhetoric is politically explosive because large majorities of both parties support increasing Social Security benefits, not cutting them. A 2022 poll found 84% of GOPers support increasing benefits BUT BIDEN IS TELLING THE TRUTH https://t.co/UyZ7jYMvmX — PolitiTweet.org
