The American Prospect
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Ideas, Politics & Power: The American Prospect is an independent political magazine. We cover Washington and beyond like no one else does. Sign up for our newsletters: https://prospect.org/newsletter-signup or donate prospect.org/donate
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Crypto executives are selling fractions of buildings to retail investors. It’s mostly a gimmick, but if the real-estate market crashes individual investors will suffer the most. “Right now I would say it’s dumb.” From @whitneycwimbish.bsky.social:trib.al/M4xj14Q
Crypto Bros Want to Create Micro Landlords
Crypto executives are selling investors fractions of buildings in yet another scheme to reinvent an existing activity and say rules don’t apply because it’s on the blockchain.
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prospect.org
Despite this administration’s corruption, bank mergers, Electronic Arts’ privatization, and the teetering AI market have created an antitrust alliance among farmers, bankers, workers, and more. From @ddayen.bsky.social: trib.al/lVSzo1J
How Antimonopoly is Enduring Despite Trumpian Corruption
Public pressure and partisan attacks have yielded some new cases, and citizens are waking up to corporate power’s harms.
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This week on the Prospect’s Weekly Roundup, executive editor @ddayen talks to @samseder where they discuss Democrats’ shutdown dilemma and Republicans’ threats, as well as the upcoming showdown in the Maine senate race. trib.al/dGlwfuB
The Prospect Weekly Roundup: Wherein Sam Seder Apologizes to Chuck Schumer
On our live show, David and The Majority Report's Sam Seder talk about the ongoing government shutdown and the backlash to Democratic gerontocracy.
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Trump’s new Social Security Commissioner said “I’m Googling Social security…What the heck’s the commissioner of Social Security?” This administration is destroying the Social Security Administration, starting at the top. From Robert Kuttner: trib.al/U08jtz2
More Sneak Attacks on Social Security
Today on TAP: It's hard to kill America's most loved program outright—so Trump is strangling it by stealth.
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Senate Democrats pressed AG Pam Bondi this week on the DOJ’s antitrust division and she refused to answer their questions Despite her DOJ’s lenient antitrust enforcement, antimonopoly forces are continuing to fight back. From @ddayen.bsky.social:

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How Antimonopoly is Enduring Despite Trumpian Corruption
Public pressure and partisan attacks have yielded some new cases, and citizens are waking up to corporate power’s harms.
trib.al
prospect.org
Crypto execs are selling small portions of real-estate on the blockchain to investors which is not a novel idea. However, they claim because this “new” investment opportunity is on the blockchain, it should not be subject to the rules. From @whitneycwimbish.bsky.social:

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Crypto Bros Want to Create Micro Landlords
Crypto executives are selling investors fractions of buildings in yet another scheme to reinvent an existing activity and say rules don’t apply because it’s on the blockchain.
trib.al
prospect.org
“AI is poised to play a more volatile role than ever before in America’s next federal election in 2026.” @schneier.com and Nathan E. Sanders explain how AI is going to be used at almost every level as campaigns gear up for the midterms.

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AI Is Changing How Politics Is Practiced in America
Here’s what to expect in the midterm elections.
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Trump is continuing to target Social Security with sneak attacks, aimed at weakening the program. Even though the attacks aren’t easy to spot, Trump is still hell-bent on trying to destroy Social Security. From Robert Kuttner:

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More Sneak Attacks on Social Security
Today on TAP: It's hard to kill America's most loved program outright—so Trump is strangling it by stealth.
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If Democrats don’t add “No Kings” measures to a government funding bill, Trump will ignore whatever Congress passes. Republicans have abandoned the separation of powers, leaving Dems to fight for Congress’s relevance. From @ddayen.bsky.social: trib.al/nzG7ATH
As Shutdown Wears On, Trump’s Getting Blamed
But if Democrats don’t demand that he honor any budget deal, they will lose the war even if they win the battle.
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Zohran Mamdani’s campaign shows that democratic socialists can win support from all corners. The tens of thousands of DSA members turning out to canvas in NYC “are not only Zohran Mamdani’s socialists; they’re Michael Harrington’s socialists, too.” From Harold Meyerson: trib.al/xAWFNLZ
The Rift in American Socialism
Today on TAP: Realists (Mamdani, AOC) seek immersion in mass politics; fundamentalists oppose it.
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The Democratic Socialists of America (DSA) is divided between its realists like, Mamdani and AOC, and fundamentalists who disagree over whether or not the DSA should continue to run and win with the Democratic Party. From Harold Meyerson:

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The Rift in American Socialism
Today on TAP: Realists (Mamdani, AOC) seek immersion in mass politics; fundamentalists oppose it.
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AI is going to reshape politics with more efficient campaigning, broader-based organizing, and increased access to electeds. It might also mean a flood of disinformation, and even more fundraising texts. From Nathan Sanders and Bruce Schneier: trib.al/tx5wGer
AI Is Changing How Politics Is Practiced in America
Here’s what to expect in the midterm elections.
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prospect.org
Crypto bros have come up with a “new” idea: buying tiny chunks of real-estate on the blockchain. The problem is that it’s the same as every other related property security – just wrapped in buzzwords to avoid regulation. From @whitneycwimbish.bsky.social: trib.al/JCqU9WS
Crypto Bros Want to Create Micro Landlords
Crypto executives are selling investors fractions of buildings in yet another scheme to reinvent an existing activity and say rules don’t apply because it’s on the blockchain.
trib.al
prospect.org
AI has infiltrated almost every level of campaigning, from strategists to organizers to citizens. @schneier.com and Nathan E. Sanders explain what AI’s unregulated role in politics means for the midterms.

trib.al/9nSxd0P
AI Is Changing How Politics Is Practiced in America
Here’s what to expect in the midterm elections.
trib.al
prospect.org
Pam Bondi gave an embarrassing performance this week as senators pressed her on DOJ’s lax antitrust enforcement. With $1 trillion in global M&A in the last quarter, “concerns about corporate power are not going to recede.” From @ddayen.bsky.social: trib.al/HqyjT54
How Antimonopoly is Enduring Despite Trumpian Corruption
Public pressure and partisan attacks have yielded some new cases, and citizens are waking up to corporate power’s harms.
trib.al
prospect.org
Crypto executives are reinventing real estate investments by putting them on the blockchain and claim they should not be subject to regulation. @whitneycwimbish.bsky.social writes this is their latest attempt to argue that laws shouldn’t apply on the blockchain.

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Crypto Bros Want to Create Micro Landlords
Crypto executives are selling investors fractions of buildings in yet another scheme to reinvent an existing activity and say rules don’t apply because it’s on the blockchain.
trib.al
prospect.org
Despite the seemingly never ending corruption perpetuated by the Trump administration and his DOJ, antimonopoly forces remain resilient. “Concerns about corporate power are not going to recede,” @ddayen.bsky.social writes.

trib.al/q5XIX0v
How Antimonopoly is Enduring Despite Trumpian Corruption
Public pressure and partisan attacks have yielded some new cases, and citizens are waking up to corporate power’s harms.
trib.al
prospect.org
Trump is pitting colleges that serve marginalized students against each other – handing HBCUs millions after stripping the money from MSIs minority-serving institutions. From Naomi Bethune: trib.al/voAxNTR
Competing for Crumbs
While adding funding for historically Black colleges and universities, Trump’s Education Department is simultaneously cutting funding to colleges that primarily serve minorities.
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Zohran Mamdani wants to establish a Department of Community Safety to handle homelessness and mental health calls. He’s betting police will back it if it means no more mandatory overtime. From Robert Kuttner: trib.al/ZfzqpVx
Mamdani Courts the Cops
He is doing a lot better than you might think.
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Centrist Democrats have again decided the path to victory is to tack to the right. But their compulsive moderation “reinforces the perception that the Democratic Party stands for nothing.” @dylangyauchl.bsky.social with @revolvingdoor.bsky.social: trib.al/ocSBbuw
Centrist Democrats Have Already Forgotten About Kamala Harris
Pivoting to the right didn't work in 2024. It won't work now.
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Trump’s economic policies are hurting his supporters. He’s cancelled investment in red-states, slashed health care spending, and ruined the market for farmers. “Trump won’t rest so long as there is a single MAGA voter left employed.” From Ryan Cooper: trib.al/uGwl968
Donald Trump to Trump Country: Drop Dead
The president told MAGA voters exactly what he was going to do in 2024. Now he is doing it.
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“Trump and the Republicans don’t want anyone to notice the shutdown.” Flights are being canceled, military service members won’t be paid next week, and Trump is realizing the downside of being “emperor king” is that he takes the blame. From @ddayen.bsky.social: trib.al/jdcSG49
As Shutdown Wears On, Trump’s Getting Blamed
But if Democrats don’t demand that he honor any budget deal, they will lose the war even if they win the battle.
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Both sides of the aisle believe they are winning the government shutdown fight, but polling suggests most voters blame Trump. This is a chance for the Democrats to push their No Kings budget deal. From @ddayen.bsky.social:
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As Shutdown Wears On, Trump’s Getting Blamed
But if Democrats don’t demand that he honor any budget deal, they will lose the war even if they win the battle.
trib.al
prospect.org
Mamdani is approaching the issue of New York policing the same way he’s approached every other issue: Active listening. Robert Kuttner reports on the candidate’s vision for police reform:
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Mamdani Courts the Cops
He is doing a lot better than you might think.
trib.al
prospect.org
Both sides of the aisle believe they are winning the government shutdown fight, but polling suggests most voters blame Trump. This is a chance for the Democrats to push their No Kings budget deal. From @ddayen.bsky.social:
trib.al/Q1XQqZg
As Shutdown Wears On, Trump’s Getting Blamed
But if Democrats don’t demand that he honor any budget deal, they will lose the war even if they win the battle.
trib.al