Europa vs Kina – Ett samtal om Volvo, Zeekr, Geely och världens bilindustri
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The transcript features an urgent discussion on MSNBC’s "The Weekend" about the state of American democracy and the ongoing Iran war. Stacey Abrams joins to address the Supreme Court’s recent ruling that weakens Section 2 of the Voting Rights Act, which she says effectively kills the law and threatens minority representation. She frames the fight as a historical "tug of war," noting that after the Civil War and the 15th Amendment, Reconstruction was overturned, and similar battles continue today. Abrams urges viewers not to feel powerless but to litigate, protest, and vote, emphasizing that the current attacks on democracy are a reaction to the power people have gained. She highlights that states across the South are redrawing maps and postponing elections, which she compares to authoritarian tactics. Later, Representative Seth Moulton confronts Defense Secretary Pete Hegseth over the war’s cost, rebutting Trump’s claim that Iran has paid for the conflict. Moulton argues the war is a massive burden on taxpayers, costing billions that could fund domestic programs like healthcare, food assistance, and child care. He accuses the administration of lying about the war’s progress and costs, and warns that Trump’s disregard for the War Powers Act is unconstitutional and endangers American lives. Both guests call for sustained civic action and congressional oversight to counter executive overreach.
Tuesday, May 12, from New York City, a special live taping of MSNOW's Charcotopping Podcast, the best people with Nicole Wallace. Join her for an urgent conversation with legendary documentarian Ken Burns. As America approaches its 250th anniversary, they'll explore the state of our country today. Through the lens of our past, Ken Burns and Nicole Wallace in conversation, the American Experiment at 250. Get your tickets today at 92ny.org. [MUSIC] Welcome back to the weekend. I'm Eugene Daniels, along with Jackie Alamani and Jonathan Capehart. Buckle up. But hopefully not in the car because we've got another big hour ahead. In just a moment, Stacy Abrams joins us to talk about the growing rejection of the Trump agenda and the Supreme Court's devastating blow to voting rights. Then we'll ask Congressman Seth Motten about his showdown with the Finn Secretary Pete Hexeth. And what Congress can do now that the president says he doesn't need their approval for the war in Iran. And we'll break down the growing concerns about the increasingly popular prediction markets. A Kowshi board member is here to give us some insight. No one missed that. But we begin this hour with the power of the people versus a president who thinks he has the power of a king. Demonstrators took to the streets across the country yesterday to stand up for workers' rights during Mayday protests. Organizers say crowds showed up in more than 3,300 cities to protest against Trump's economy, as well as his attacks on the immigrant community and our democracy. And yet, and yet, Trump continues to ignore these concerns. Just this week, he continued to push his unpopular plan of building a new White House ballroom while downplaying the surge in gas prices because of his unpopular war. In the Atlantic reports that Trump also has his focus set on becoming one of history's great men, a big goal for a man whose approval rating is terrible at record lows in his second turn. And now, Trump's quest to expand his power just gotten assist from the conservative majority on the Supreme Court. On Wednesday, the Court weakened Section 2 of the Voting Rights Act to no longer protect minority representation in the House. Louisiana Governor Jeff Landery has already postponed his state's primary elections, where some absentee ballots were already sent in people had voted. To instead, redraws existing congressional map while Alabama and other southern states have announced special sessions to redraw their maps as well. And a new piece for MSNOW, our next guest, points out the importance of the American people in this moment, saying, quote, "the fight for multi-racial democracy is the central pillar of our national story." For 250 years, we have grappled with our choices and sometimes suffered the consequences. But we have always moved forward when people organized, persisted, and refused to back down. Joining us now, Stacey Abrams, who wrote that, found a fair fight in 2022 Democratic candidate for Governor of Georgia. Madam Leader, thank you very much for joining the weekend as always. I feel like we as the royal we as in DC, in the media, the lawmakers, we often ask so much of the American people. We just had a conversation about what the American people can do to overcome this. And I'm finding myself frustrated. I think a lot of Americans are, especially folks that watch this show, that they keep fighting, they keep getting out there, they keep voting, they keep trying to stop the things that are happening. And yet, they found themselves powerless because you have an administration. You also have a legislative branch that doesn't seem to care that the majority of people look at the things they're doing and they have huge issues with them, that they're making, in the words of many civil rights activists over the last couple of days, they're making black and brown people second class citizens in this country once again. Eugene, and I want to say thank you to all of you for the coverage you're giving this. And I want to start by saying, the power is the point. We're not powerless. And in fact, we are so not powerless that they are trying to legalize the restoration of Jim Crow. That's what's happening here, because our power was working. We had laws across this country that allowed black and brown citizens to be fully realized as members of this society. We have the Americans with Disabilities Act. We have the Fair Labor Standards Act. We have FMLA. We used to have bodily autonomy for women. We were on the way to a multiracial, multiethnic, multigenerational pluralistic democracy and the racist, fascist leadership that starts in the White House, but extends to the Supreme Court, members of Congress, and to the state and local level. They're angry about that. They're angry about the power that the people hold. And what they understand that we sometimes forget is that power is never completely won or lost. It is a tug of war. And we were tugging too hard. And that is why we've seen this vicious and fast, lightning, fast stripping of our power. But they've been added for years. And the work that I do, the work that so many of us are out there doing, is about restoring our belief that we are entitled to that power. But power is not handed back to you. Power is stolen from you or in a democracy that effectively works. It is shared. And so our job in this moment is to not be weary because they are fighting hard. They're fighting hard because we were winning. Leader Abrams, I want to put up a map, a map of states in jeopardy in the South. And I put that map up because I think you know where I'm going with this because you are a student of history. The two states that are missing from this map are Arkansas and Texas. What we are looking at and Virginia. What we are looking at is basically a map of the old Confederacy. And so this tug of war that you're talking about goes back to the Civil War. Please put into historical context for folks so that they truly understand. And I'm always pointing out that true democracy in this country is only 61 years old. If you go back to the passage of the 1965 voting rights act and why that was necessary. Absolutely. Thank you, Jonathan. So let's start with what the Civil War decided. So post Civil War, we have three amendments that we talk about. The 13th amendment that ended in Dintricks, ended slavery for most people unless you're in prison. You have the 14th amendment that guaranteed birthright citizenship for now. And then you have the 15th amendment that said that the right to vote for everyone except for black women or actually at the time, black women and white women. And then when you get to the voting rights act, finally we add women into the black women into it. But the 15th amendment said that you could not deny the right to vote based on race. And so what we saw was that it was working. We saw the sudden flourishing of black men in Congress, black men as governors. We saw a sea change and it was so effective that Andrew Johnson rescinded all of this. And that's when we had what we known as we know as the end of reconstruction. Then you fast forward the 19th amendment gave white women the right to vote. And then you get to 1965. And that is when the voting rights act for the first time said that black people were full citizens of this country because they could vote. And it started to work. And then in 1975, there was an expansion of the voting rights act that said that using racial issues and language issues to exclude Native Americans, Asian Americans. That was also unlawful. And so while black people have always been the centrifuge of fighting for democracy, this is something that implicates everyone. The work that we do at the 10 steps campaign is about making sure that we see the whole map that we understand all of the pieces that make our democracy work. But to your point, that map that you show is no longer just black and white. This is black and white and brown, but more than half of black Americans live in the states that we're looking at. And so what we have to understand is that if they are capable of stripping power from that population, Democrats can't win again. Progressives can't win again. Democracy cannot win again unless the entire nation comes together to for the second time fight for black and brown folks in the South. And leader Abrams, I just want to take a look at some of these headlines that have come as a result of this ruling that we heard. The Louisiana governor is postponing the US House primary elections after Supreme Court ruling Alabama and Tennessee are now setting special sessions to consider new congressional maps. And the Supreme Court has triggered Mississippi redistricting a special session. You know, there's not a lot of precedent here for what we're seeing, especially when it comes to actually post-poning and election that some people have already started casting their ballots for. But what, this kind of confusion, what does that do to vote or turn out? I will actually point out we have seen it before. We've seen it in authoritarian nations where they suspend election. We've got to remember the United States is not immune to authoritarianism. We're not immune to authoritarianism.
the Union, the seizure of power by the regime in charge. So we've seen it. We've just not seen it here in decades. But let's be clear about what we can do. One, we have to keep talking about it. We have to lift up what's happening. But we also have to sue. The Supreme Court has, yes, it is not weakened voting rights act. It is killed the voting rights act. Because we have to look at longitudinally. They started with Shelby V. Holder, then they did the Rucho decision, and the front of its decision. This is the fourth one. So they've done their best. They've now killed the effectiveness of the voting rights act. But they have not stripped us of the ability to go to court and slow these things down. And so our first job is to make certain that in every one of these states, in Tennessee, in Mississippi, in Louisiana, what they're trying to do here in Georgia, what they've done in Florida, we have to litigate. That is step five in those 10 steps to freedom and power. If you're going to fight authoritarianism, you've got to litigate. But we also have to engage. And this goes back to Eugene's point. I know we are tired, but they want our weariness to turn into paralysis. You started with Mayday, showing up protesting economic boycotts. All of these things are necessary to prove our point that we are not going away. When I ran for governor in 2018, we increased voter turnout, not through registration alone, but we increased voter turnout by 800,000 people in the state of Georgia on the Democratic side. We can do that again. I'm not Sui generous. I'm loud and I'm aggressive, but I'm not alone. And so we have races in Mississippi with Scott Colam. We have races in Nevada with Aaron Ford. We've got races in New Mexico with Deb Hollam. But we've also got races in Georgia and in Alabama with Doug Jones. We can start winning state and local races as well as congressional races. We have to understand that we've got to win chambers back. We've got to then start pushing those blue states that already have power to expand that power to pass voting rights laws. We've got to fight these maps. We cannot take as a fail complete that they have won simply because the Supreme Court said it. Because the same Supreme Court, different compositions, same ethos, did Dred Scott. So we've got to remember that we have fought before and we've won before. It is never easy because the fight for power is never easy. But ultimately, this is a nation that believes in self-governance and that cannot happen if the people cannot be heard. And that is our responsibility. That's why I created the Ten Steps campaign to encourage us to meet all of the organizations across this country that are doing this work. Because we don't all have to do the same thing, but we must all do something. And that means using every lever of political and social power that we have. And with that, Stacey Abrams has on a Saturday has taken us to church. Stacey Abrams, thank you, as always, for coming to the weekend. Thank you for having me. And still to come, why Trump believes the War Powers Act is now, quote, "unconstitutional." We'll get reaction from Congressman Seth Molten, who faced off against Defense Secretary Pete Hexeth during a heated congressional hearing this week. On war with Iran, he joins us next. You're watching The Weekend. [MUSIC PLAYING] [MUSIC PLAYING] [MUSIC PLAYING] [MUSIC PLAYING] Trump's claim came on what was the 60th, 60-day deadline for him to gain approval from Congress to continue the war with Iran. Meanwhile, this week, in his first Capitol Hill appearances, since the start of the war, the Defense Secretary Pete Hexeth was grilled about our host of issues, including the cost of the war, which the Pentagon put at $25 billion, $25 billion, over two months, $25 billion. Massachusetts Democratic Congressman Seth Molten pressed Hexeth on the conflict's mounting price tag. I'm just asking you to know what the war costs-- How I know the average American taxpayer. What is the cost of Iran having a nuclear weapon that they wield? I'm just asking if you know the cost of the average American or you would have $600. So for the American taxpayers out there, my constituents, some of the constituents you wanted to represent in Minnesota, I'm just wondering if they have an extra $600 lying around to pay for your war. Congressman Seth Molten of Massachusetts, a member of the House Armed Services Committee joins us now. Congressman Molten, thank you very much for being here. Now that we've seen that little toe-to-toe, you engaged in with the Defense Secretary, I'm going to show you and our viewers. What the President had to say about-- just watch this. What do you have to say yesterday from Palm Beach? This is the first war that you've seen in the United States a long time where we actually have paid for the cost of the war by about 37 times already. In other words, it cost us a lot. We took over the ship. We took over the cargo. Took over the oil. It's a very profitable business. Who would have thought we would do it? That we're like pirates. We're sort of like pirates. Congressman Molten, is it true that Iran has paid for the cost of the war by about 37 times already? No, it's not even close to true. In fact, we've been giving Iran gifts of billions of dollars. First of all, I think the $25 billion is totally inaccurate. I think it's way higher than that. The first request the administration floated for Congress was $200 billion. They just continue to revise that down as more people push back at that enormous price tag. But on top of that, when Trump actually released the sanctions on Iran-- get this straight-- Iran is killing Americans, and he releases oil sanctions on them so that they can sell their oil at market prices. That gave them an additional $14 billion just in the first few weeks. They can buy a lot of missiles for $14 billion. So this war is a huge gift to Iran. It's a huge cost to the American taxpayers. And let me also say this. As a Marine veteran, the idea that the commander-in-chief would be calling Marines pirates for enforcing sanctions on ships, it's just a disgrace. I guess it's not surprising coming from a draft daughter like Trump, but it's just an absolute disgrace. And I'm embarrassed for the United States for American. Congressman, something else that might be embarrassing for people is looking at how much the Iran war costs versus domestic programs that we could be funding here at home. You hear from voters all the time. Why are we over there when we got problems here? So medical care for veterans-- $149 billion. Department of Homeland Security, 115, $1 billion, snap food assistance, $106 billion, child care, and early learning programs, $45 billion, NASA, $25 billion, spending by USAID before it was dismantled, was $22 billion. The Federal Bureau of Investigation, $11 billion. That is the comparative to the domestic programs we have. This is an administration. This is also a Republican party that doesn't seem to understand what the American people don't want. And I'm looking at my document. I also have other things it could do. Let's keep going. Health insurance for 3 million people through Medicaid could be $25 billion. Monthly snipe benefits for 11 million recipients, $25 billion or less, child care covered for 1.8 million children in the United States, section 8 housing for 3 million people, cash payment of $194. To every US household that is from the Center for American Partnership, look at the priorities of this administration. The lies, many would say I think you would say, about this war and other things. What does it tell you about the fact that Congress or Republicans are in no way shape or form standing up to this administration? With everything I just outlined here. Well, when everything on that list that you just gave, those programs actually save American lives. They prevent American deaths. Whereas this war is costing American lives. And it's costing the American taxpayer. I mean, we all know that the costs are going up at the pump. Gas, skyrocketed in March. For a higher percentage increase than we've ever seen in history, I think. And we don't have a lot of money lying around extra cash on the kitchen counter to pay for this stuff. And that's why I made this one.
point to Secretary Hague Seth. I mean let's just take for a guess here that the administration's initial number, initial request to Congress for $200 billion was the right number for this war. I think that the worth ultimately going to cost even more than that. But let's give them the benefit of the doubt and say it's $200 billion. The cost to every American taxpayer works out to about $1200. What about their $1.5 trillion defense budget? How much does that cost? That's about $9,000 for every taxpayer. I don't know if you've got an extra $9,000 lying around to pay for Hague Seth's defense budget, but I certainly don't. And the fact that Hague Seth has no idea what these numbers are is totally out of touch with what this means to the American taxpayer. It's pretty obviously out of touch with what this means to American troops just shows how totally incompetent he is. Congressman, I want to ask you about comments from Senator Richard Bluminfall this week who told reporters after receiving classified briefings that he believed that an imminent U.S. military strike was very much on the table and that the lives of service members were potentially in danger. As a member of the House Armed Services Committee, have you heard the same briefings that Senator Bluminfall has heard anything more you can add to it and why he thinks lives are at risk right now? I'm actually not familiar with the exact briefing. Is he saying that lives are at risk from an Iranian attack or is he saying that? No, from a potential military attack incurred by the U.S. Well, the bottom line is that this administration doesn't tell us anything that they're planning to do. I mean, we ask them very explicitly whether they have invasion plans for Venezuela before that operation they lied to us. We've asked them very explicitly what they intend to do in Iran. They obfuscate and lie. That's the way that this administration has been prosecuting this war from day one. They're not only lying to Congress, they're lying to the American people. I mean, how many times has Trump said that the war is over? How many times has Trump said that Iran has made a deal? I mean, he said that Iran had made a deal when JD Vance was turning around from the airport to head home because they wouldn't even show up for the negotiations. So this president just continually lies about the war. That's dangerous for the American people. It's against the law for Congress and it's incredibly disrespectful of our troops. Congress went real quickly because we're out of time. Senator Lisa Murkowski said that she will introduce an authorization for the use of military force if the administration does not come back by May 11th with a clear articulated plan for Iran. Do you think that effort will go anywhere? And I point out for viewers who don't know, Congress Senator Murkowski is a Republican and there are three other Republicans who have expressed support for this. Is it going to go anywhere? I certainly hope not, but I think the point the Democrats need to make is not only does this war cost a lot. Not only has it cost America and lies and is expensive for American taxpayers, but it's and then not only is it illegal too, I mean, because he's violated the Congress on his constitution, but it's also done. It's put us in a worse position. It's given Iran more leverage. Trump is begging to get back to the negotiating table, not only to reopen the straight-of-war moves, but to get in a wrong nuclear deal. It's basically the same as the one that President Obama had and Trump tore up. So this war is endangering our national security. It's giving more power to Iran and Russia, and that's why it has to come to an end. I just want to make sure I understand you understood what I was asking. The Senator is asking for an authorization for the use of military force. What I'm saying is that I hope that that fails. Okay, no, it's confusing because if you pursue a war power's act, you actually want it to succeed because that raises the administration in. With the nao-meth, you want it to fail so that we can stock this war. But the point is that not only is this war illegal, it's done, and we got to stop it. Congresswoman Seth Mullen, thank you for that answer. You're welcome. Congresswoman Seth Mullen, thanks again. Good to see you. Coming up, concerns surrounding betting markets are growing. Now, Congress is involved to crack down on insider trading. We'll get reaction from a Calche board member next. Plus, you can listen to every episode of The Weekend as a podcast for free. Scan the QR code on your screen to listen on the go wherever you get your podcasts. Since the start of President Trump's second term, prediction markets have gone from a niche industry to a financial juggernaut. Before the 2024 election, prediction markets like Calche and Polymarket had a weekly trading volume around $50 million. Today, that number has grown more than 100 fold, with 6 billion traded per week. But as the traffic has grown, so has the controversy. The Senate has unanimously voted to ban its members and staff from participating in prediction markets amid mounting concerns of insider trading. That ban follows a series of alarming cases, including a U.S. soldier accused of using classified information to make hundreds of thousands of dollars, betting on the capture of Venezuela's Nicolás Maduro. The Calche, which already prohibits bets on military strikes, has taken several steps to go after insider trading, most recently finding three candidates who wagered on their own elections. But several lawmakers argue that the organizations need to be regulated further. Senators Kirsten Gillibrand, a Democrat and Dave McCormick, a Republican, are introducing a bill to ban trading by members of the executive branch. That includes the president. All several Democrats are pushing to ban bets altogether on election, sports, military and government actions. Joining us now to talk all about this is former Commissioner of the Commodity Futures Trading Commission. Brian Quintenz, he's also serves as a Calche board member. Brian, thank you for joining us this morning. Good morning. Good morning. A conversation that we're all excited to have. I want to start off with just kind of taking stock of the regulatory landscape and Calche's posture towards it. Because when in my conversations in recent weeks with leaders of financial institutions who are running more traditional markets, build on traditional infrastructure, but are already using prediction markets as sort of data sources, the one thing that they say is the key to unlocking that next step to partnership with prediction markets is achieving some sort of regulatory framework, something that is clearer. Last night, you posted in support of the legislation from Gillibrand and McCormick, that legislation that may or may not pass would empower the CFDC to ban prediction market bets on war, violence, terrorism and other acts that are contrary to the public interest. But in the meantime, who is primarily responsible for policing prediction markets? Thank you, Jack. It's great to be with you this morning. Thanks for having me. I think it's important to take a step back and say, you know, what is a prediction market? It's exactly like the stock market, except instead of trading on stocks, you're trading on real world outcomes. And just like the stock market, Calche is a federally regulated venue. And just like stocks, these are legal financial instruments. So there is already a very significant regulatory structure that is adjudicated by the CFTC for prediction markets because they are regulated as financial derivative exchanges. And so Calche, like others that are in the federally regulated space, I can't speak to the offshore markets because I think a lot of the things you're describing in terms of insider trading and other kinds of activity are occurring in an unregulated venues. Calche already takes a lot of steps, including the steps provided for in this bill should have become law to provide a market with integrity, to ban insiders from trading to ensure that members of Congress that don't have or that have access to confidential information are not participating in our markets because it's incumbent upon a federally regulated exchange to provide a market with integrity. The, but who is stopping someone who's working on this show, for example, who's working on questions with us to let's say one of the producers goes and says, you know what Eugene's going to ask Brian Quentin, this maybe, it ends up being right because they helped create the template that we're using. Only one person apparently the CFTC has prosecuted a case of insider trading when it comes to this. You guys have a surveillance team, monitors potential insider trading, the team is about 20 people and to date Calche is only fine and banned five users for insider trading and it just feels like knowing humans is hard to believe that there's only five cases. So are you guys actually catching all of the things as they're happening? So I'd say a couple things to that. The first is is that I know I can't speak to how many, but I know that there are a lot of ongoing investigations by Calche into, um, uh, [BLANK_AUDIO]
ensuring that people that are participating in the markets or that have participated in the markets aren't doing so illegally or illicitly. The second thing is that when you talk about insider trading and manipulation in derivatives markets with events, you have to make sure that anyone that can control the outcome of an event is not participating in that market. So that is an upfront surveillance mechanism that Kalshi does to ensure that there is, excuse me, there isn't manipulation. What do people have to prove? Well, there is a, a no-your-customer standard for Kalshi and other regulated exchanges that ensures that they know who you are, they know who you work for. Your bank account is connected to your account so that they can verify that. And if there is a market that references your job or your employment or your knowledge, they can screen for that upfront. But there's also an important after-the-fact surveillance tool that they can also come in and look at and screen a lot of trades and say, this looks very suspicious, we're going to investigate that further. What do you say to people maybe like myself who think that tech companies should not be allowed to regulate themselves, that Congress needs to pass these bills and pass them quickly? Well, I couldn't agree more. In fact, Kalshi does like other derivatives markets, like the Intercontinental Exchange and like the Chicago Mercantile Exchange, Kalshi does have self-regulatory obligations that it has to be provided by a federal statute. But the CFTC is the regulator of these markets, of onshore, federally licensed markets. You know, it's the offshore markets that are unregulated, that are doing things that are unethical and illegal that I think are a different question. The proposed legislation that you're in support of with band members and their staff, but what about family members? Shouldn't that ban extend to the family members of members of staff to your point about the upfront surveillance? Do you surveil, let's say, because I'm not a gambling person, but let's say I go home and I tell my husband, you know, this is what we're doing tomorrow and this is how it's going to go down. And then he goes to Kalshi and makes a bet. Is there any, is there any plausible way to do that kind of surveillance? Or friends. Or just friends, sure. Yeah, absolutely. Absolutely. And we have a team that does that that looks for social media connections, for instance, or relationships or similar household status, right? And to your point, you know, this bill that was introduced and this rule that was just passed by the full Senate to ban senators themselves from participating in prediction markets. Kalshi already does that. And they go further. They ban employees. They ban legislative staff from trading. They ban government employees from trading. And in terms of family members, I think there's a fine line to walk from a preemptive standpoint so that you're not, we're not getting into a debanking controversy, so to speak, but there is a lot of focus on what those people will do if they are in the markets and surveil them after the fact and bring charges if they're doing something illegally. I want to actually play a moment. There's a lot of talk about prediction markets on Capitol Hill this week all around. I want to play a moment that happened between Elizabeth Warren and P. Tecsef on the need to prosecute alleged alleged insider trading on Iran warbots. You're saying you're not paying any attention to this insider trading. Is that what you're telling me that you've paid no attention to this? You haven't noticed it. You haven't done anything about it. What I'm saying is we're focused on our mission of executing for the American people. And what happens in markets is not embedding markets is not something we're involved in. What happens in betting markets doesn't matter to you. Even if the information may be coming from insiders in your office. Senator, it's not something we're involved in at all. And of course we take operational security at every level very seriously. In fact, no one's taken operational security more seriously than us. What's your response to that? Do cabinet leaders need to be more forceful or aware of this sort of new environment and implement rules outside of potential legislation? Well, I had a problem with my, I couldn't exactly hear the quote but I had seen something around it. From what I knew. The basically said we're not involved in it at all. Yeah. Well, so I don't think it's his responsibility. I think it's a market regulators responsibility. I think his job is to prepare warfighters. It is the CFTC's job and other market regulators to ensure that they are requiring exchanges like ours to screen out military officials or members of the military or government officials from trading on this information. And that is exactly what Kalshi does. We're in really quickly. We're being, we definitely have to go. But I do. There's a tweet from your CEO 90 minutes left to attempt generational wealth. The odds are not zero and it's free. You owe to your grandchildren. It, the idea is that you can do this and there's no problem. Do you think that Kalshi owes it to its users to warn betters about the addictive nature of what's happening here? Because we've heard story after story about how people's real lives are impacted by that. They're losing the shirts. I think there are two very important issues there. The first is is that Kalshi is not a casino. It is a federal marketplace and you are not betting against a house. You are engaging in market activity. So the revenues of Kalshi are not equal to the losses of its customers like in a casino. But the second thing is, is that yes, we're seeing a lot of financial activity that is becoming more prevalent across society that people are struggling with from addictive capacity. And there are tools that Kalshi is now employing with like deposit limits, self-exclusion and even partnering with a firm for counseling if people need help around addictive issues. And I think that's our responsibility. Brad Quentin's board of Kalshi. I think this is the beginning of this conversation. I hope it's not going to be in. Thank you so much. Up next, Spirit Airlines officially out of business this morning. How will affect customers after all those flights got canceled? Watch the weekend. After 34 years of bringing millions of customers ultra low cost paint tickets to discount airline spirit airlines is hanging up its wings after a $500 million taxpayer bailout designed by the Trump administration failed to materialize this week. The airline says all flights have been canceled and that customer service is no longer available. And literally just moments ago we were handed a document from the Department of Transportation that goes through the relief that they were able to secure. So I'm going to read directly from this right now. Actions for flyers from the Department of Transportation Secretary Sean Duffy, Cap ticket prices, United Delta, Jet Blue, Southwest, or all caping ticket prices specifically for Spirit customers who now need to rebook canceled flights. Reduced fares for any consumers worried about higher prices American and Delta are offering reduced fares on high volume spirit routes. Most major US carriers are extending travel past benefits and spare jump seats to spirit flight attendants pilots and other employees who need to return home. For those of you that need to understand your compensation rules they add you should contact your credit card company. If you purchase your ticket with a credit card you may be protected. Check your travel insurance and file a bankruptcy claim. You may file a formal proof of claim with the bankruptcy court. Also these fares the cap ticket prices will only be available for a select time period. Jet Blue 72 hours Southwest 72 hours in person at an airport ticket counter and Delta available for five days joining us now to get into more of this from Newark airport. Thousands and thousands of customers and soon to be former employees a spirit airlines will be impacted MSNile reporter Laura Haively. Laura what do we know? Well there's a lot of confusion here in Newark airport. I've literally watched travelers walk in to the airport to get in line for those spirit kiosks only to be met with signage essentially telling them that spirit is no longer a thing. I'm seeing completely empty lines that those kiosks which here in Newark airport is weird because there's a major spirit presence. I mean look look at that. Nobody in line. The baggage conveyor belt behind the kiosk is still running without a single piece of luggage and guys there is literally one spirit sign left and I think the only reason it's there is because it's on a television rotating through other airline names. So a totally different vibe here today at spirit airlines and it's frustrating in Eugene just to double down on what you just talked us through here. People are going to ask themselves well what do I do with my spirit ticket that literally just doesn't work anymore. Other airlines are making sure that they can help they're reducing fare for a limited time. You mentioned some of those. Jet blue for 72 hours southwest for 72 hours. Delta is doing it united doing it so you're going to need to call those airlines and figure out how they might be able to help you but that doesn't mean the frustration is over or the confusion is over. People are going to need to get home. Many of them stuck in the middle of their trips. We spoke to passengers who are dealing with just that. Take a look at the ticket.
can listen. They counseled off flight last minute, no warning, no nothing. I hate spirit. Spirit when I check my email, like your flight is canceled, no need to do anything. They're going to refund on my money back even when I try to get in the spirit app. You can't even do know you can't contact customers. However, you can't even do anything. There are more than 15,000 spirit employees impacted pilots and flight attendants are going to have help getting home and they're all going to get priority interviews at other airlines if they want to continue working guys. All right, Laura, hopefully with that. Colorful very pecan. Response from the a jilted spirit customer. Thank you very much for that. We're going to have to leave it there, but don't go anywhere because we love hearing from you at home. We'll answer some of your questions. Next, you're watching The Weekend. [MUSIC] We have time for one quick question from Owen on Instagram. Eugene, I saw Simone's post the other day about your hair, which is amazing. So now I'm wondering also because your hair is real. It's not a wig. Pull it. Look, get that on camera. Look, it is real. It's not a wig. You see that mom? You see that mom? It's not a wig. The question is, do you wear a body? Absolutely. So I get home. It's tough to believe. It's tough. As soon as I get home, I put on my body. Sometimes I come to work at the body if we have to come to work. I've seen it. Let the record show I abstained from this HR. Smart lady. You can comment on questions. It's a combination. It's a combination. Very important. [LAUGHTER] So I had all the questions. People want to know. Nicole and Joan's is going to discuss this week's Supreme Part decision essentially guts the Voting Rights Act of 1965. We will be right back. [MUSIC] [MUSIC] [MUSIC] [MUSIC]
Podcast Summary
Key Points:
Stacey Abrams argues that the recent Supreme Court decision has effectively "killed" the Voting Rights Act, but emphasizes that the fight for democracy is a "tug of war" that requires litigation, protest, and continued voter engagement.
The Supreme Court weakened Section 2 of the Voting Rights Act, leading Louisiana to postpone its House primaries and other southern states to call special sessions to redraw congressional maps, threatening minority representation.
Representative Seth Moulton disputes Trump’s claim that Iran has "paid for" the war, calling the $25 billion Pentagon estimate inaccurate and noting the war’s massive cost to taxpayers compared to domestic programs like Medicaid, SNAP, and child care.
Moulton criticizes the administration for lying about the war’s status and costs, and warns that Trump’s dismissal of the War Powers Act and continued military actions without congressional approval are dangerous and unconstitutional.
Summary:
The transcript features an urgent discussion on MSNBC’s "The Weekend" about the state of American democracy and the ongoing Iran war. Stacey Abrams joins to address the Supreme Court’s recent ruling that weakens Section 2 of the Voting Rights Act, which she says effectively kills the law and threatens minority representation. She frames the fight as a historical "tug of war," noting that after the Civil War and the 15th Amendment, Reconstruction was overturned, and similar battles continue today.
Abrams urges viewers not to feel powerless but to litigate, protest, and vote, emphasizing that the current attacks on democracy are a reaction to the power people have gained. She highlights that states across the South are redrawing maps and postponing elections, which she compares to authoritarian tactics. Later, Representative Seth Moulton confronts Defense Secretary Pete Hegseth over the war’s cost, rebutting Trump’s claim that Iran has paid for the conflict.
Moulton argues the war is a massive burden on taxpayers, costing billions that could fund domestic programs like healthcare, food assistance, and child care. He accuses the administration of lying about the war’s progress and costs, and warns that Trump’s disregard for the War Powers Act is unconstitutional and endangers American lives. Both guests call for sustained civic action and congressional oversight to counter executive overreach.
FAQs
Stacey Abrams emphasizes that the people are not powerless, and the stripping of rights is a reaction to their growing power. She urges continued engagement, litigation, and organization to fight authoritarianism and protect democracy.
The recent Supreme Court ruling weakened Section 2 of the Voting Rights Act, effectively killing its protections for minority representation in the House. This has led to states like Louisiana, Alabama, and Tennessee postponing elections or redrawing maps.
After the Civil War, amendments like the 15th guaranteed voting rights, but they were suppressed during Reconstruction. The Voting Rights Act of 1965 finally ensured full citizenship for Black Americans, with expansions in 1975 covering other minorities.
Louisiana postponed its primary elections, while Alabama and Tennessee called special sessions to redraw congressional maps. Mississippi also triggered a special session for redistricting.
The Pentagon estimates the war cost $25 billion over two months, though Congressman Seth Moulton argues the actual cost is likely higher, with an initial administration request of $200 billion.
Moulton notes that $25 billion could fund health insurance for 3 million people via Medicaid or monthly SNAP benefits for 11 million recipients, highlighting the trade-off between war spending and domestic needs.
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