The Daily Signal - Victor Davis Hanson: Newsom’s Redistricting Ploy Makes a ‘Jigsaw Puzzle Look Proportional’ 

California’s Prop 50 could completely erase Republican representation in elections.


The measure would hand Gov. Gavin Newsom’s administration the power to redraw California’s congressional districts. Supporters say the measure simply mirrors what Texas has done to strengthen Republican representation, but Hanson argues this is a blatantly partisan effort to cement Democrat control and eliminate what little Republican representation remains in California. He breaks it down on today’s episode of “Victor Davis Hanson: In a Few Words.”


“Gavin Newsom, moreover, when he's been asked about that, he says that he wants to punch these people. I guess he was referring to Republicans in general or the Texas Republicans in particular. He wants to ‘punch them in the mouth.’  He said he wants to punch Donald Trump in the mouth. The rhetoric is heating up but will Proposition 50 pass in a state that is 60%, in most elections, voting toward the Left or for Democrats? It probably will. And we in California who are on the conservative side will go from 17% representation—not 40%, of which reflects our actual numbers, but 17%—now to about 9% after Proposition 50 passes.”


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(0:00) Prop 50 Controversy
(3:07) California’s Congressional Representation
(5:09) Future Implications

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WSJ What’s News - Jefferies Faces Questions After First Brands’ Collapse

P.M. Edition for Oct. 16. The auto-parts giant First Brands’ bankruptcy leaves investment bank Jefferies in the harsh spotlight of an accounting scandal. Plus, the endowments of American colleges posted their strongest returns in years. And after strong bank earnings this week, Heard on the Street writer Telis Demos discusses what might be missing in their reflection of the health of the economy. Sabrina Siddiqui hosts.


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WSJ Minute Briefing - Health of Regional Banks Weighs on U.S. Stocks

Plus: Nestlé shares gain after it announces layoffs. And Salesforce makes big growth predictions. Katherine Sullivan hosts.


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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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Motley Fool Money - Private Assets Meet Public Markets

One way or another, companies will find a way to let individuals own private assets in their retirement accounts. At this point, a new news story appears with a big bank or asset manager looking to sell private assets to individuals. This week, we discuss how investors should view private asset opportunities in their investing accounts, big bank earnings, and stocks on our radar.


Tyler Crowe, Matt Frankel, and Jon Quast discuss:

- Earnings, outlooks, and conference call commentary from the big banks third quarter.

-Private asset’s role in an investors portfolio

-Stocks on our radar


Companies discussed: WFC, BAC, MS, GS, JPM, BLK, BK, TRIP, ABNB, ESRG, SLG, SLM


Host: Tyler Crowe

Guests: Matt Frankel, Jon Quast

Engineer: Dan Boyd


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The Journal. - The Government Shutdown: Who Will Blink First?

16 days into the government shutdown, services are unavailable and federal workers are facing instability. Both sides have dug in, with Democrats and Republicans pointing fingers at each other. WSJ’s Siobhan Hughes explains what it would take to end the shutdown. Ryan Knutson hosts.

Further Listening:

-Why This Government Shutdown Is Different

-Kathy Hochul on Mamdani, Trump and Where Democrats Went Wrong

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The Journal. - The Government Shutdown: Who Will Blink First?

16 days into the government shutdown, services are unavailable and federal workers are facing instability. Both sides have dug in, with Democrats and Republicans pointing fingers at each other. WSJ’s Siobhan Hughes explains what it would take to end the shutdown. Ryan Knutson hosts.

Further Listening:

-Why This Government Shutdown Is Different

-Kathy Hochul on Mamdani, Trump and Where Democrats Went Wrong

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Marketplace All-in-One - This labor market is ripe for job scams

In this rough labor market, job seekers are more vulnerable to scams. We’ve all seen those texts, right? The ones offering jobs with suspiciously high pay for suspiciously little work? On today’s show, Marketplace’s Kristin Schwab joins Kimberly to share what happened when she replied to one of these scam messages. Plus, why AI and the shift to remote work has fueled the rise in job scams.


Here’s everything we talked about today:




Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.