Friday, June 05, 2026

Early June 2026 News.

 


Elon Musk may soon become the world's first trillionaire. A trillion is 1 with 12 zeroes or 1,000,000,000,000. This may exist when SpaceX, the space launch monopoly that he controls will carry out the largest initial public offering in history. When the IPO is priced on June 11, Musk's net worth will rise above $1 trillion. His stake of about about 41 percent will be worth about $700 billion at the offering price. Musk has the largest fortune in human history. His wealth before the official launch is at $970 billion.  That is about 3 percent of the entire economic output of the United States, double the share John D. Rockefeller held at his death in 1937. $970 is so much wealth that a household earning the median U.S. income would need 11 million years to match it. Musk is part of the oligarchy. Large corporate interests are heavily influential in promoting communications, artificial intelligence, and other industries. This is the reality of the paradox of enormous concentration of wealth at the 1 percent mixed with the impoverishment of the vast majority of the American population. This reality can't be democratic. There is no solution but revolutionary changes.


There are tons of news today. CBS news alum warn of attacks of free speech after the firing of many people from CBS. When you have some Trump supporters rejecting their vote in 2026, then you know that Trump's unpopularity ratings are very high in American society. Most Americans don't desire the Iran War, most Americans deplore the massive economic inequality in America, and most Americans desire real, revolutionary change in society to build our nation up. Trump desire Blanche to officially be the next Attorney General in America when he has shown unconditionally allegiance to the political agenda of Donald Trump, not allegiance to the United States Constitution. Proof of that was when he was interviewed by Congress, he refused to issue any statement expressing some manner of ideological independent from the Trump regime. The House adopted a war powers resolution to control Trump's Iranian war policy. MAGA followers and far right people like Candace Owens has attendd a pro-Russian economic forum in St. Petersburg. Putin's Russia is a dictatorship and a threat to democracy. Putin suppresses dissent, created an illegal, immoral invasion of Ukraine, and gone out of his way to violate the human rights of Russian. Far right conservatives allying with Putin is no shocking as Putin is a far-right nationalist war criminal who desire power and economic exploitation period. Rodney Mims Cook Jr. attended the conference, along with Steven Seagal, Andrew Tate and his brother Tristan (who are sexist manosphere agents), and others. This is disgraceful for some Americans to ally with a fraud and dictator like Putin. 


The recent Supreme Court ruling to allow Alabama to use the GOP back map that eliminates legal, fair black representation in the state is not only racist. It's an attack on black America period in a war. Previously, the Supreme Court said that the map was racially discriminatory and then they changed their mind in 2026. The Supreme Court is very political by ruling decisions that harm black voter representation overtly. The Roberts's court has been exposed as being wrong to advance Jim Crow 2.0 policies in this post-Reconstruction era of American history. This is why we promote our interests as black people. The far right people are not only the blame for this. Those, who claim to be "progressive" who aided Trump get elected by refusing to vote, and now black people's votes are being harmed by this evil. Trump has cut USAID, HIV/AIDS prevention care, Medicaid, and other legitimate social programs that have saved lives. Now, people will potentially pass away because of these fake progressives' (not true progressives) arrogance and refusal to oppose Trump's views.


Scott Pelley has responded after being fired by CBS. Pelley has been around for years being a journalist for 60 Minutes. Pelley said that CBS leadership has promoted political bias, and that was the motivation for his firing. I agree with him, because Trump has placed tons of pressure on CBS and other networks to follow his agenda which is anti-First Amendment. Media institutions have every right to maintain their independence irrespective of which type of administration is in office. Pelley accused CBS News' editor in chief Bari Weiss of lying to staff during a conference call (in claiming Weiss and the network's president and executive editor Tom Cibrowski) were openly hostile form the started. Pelley said that they brought the prospect of firing him in the first 15 seconds of a meeting they held on Tuesday. There may be disputes and different points of views on the timeline of Pelley's firing, but one thing is true. Trump has a notorious agenda of hostility towards the press that holds him accountable for his actions. That's real.


One of the most important news is the primary results on June 2, 2026, among six states in America. These elections relate to the Democrats of progressives and centrists plus the GOP (among MAGA followers and those who aren't in lock step with the MAGA movement). In California's governor's race, Gavin Newsom can't run because of term limits. Therefore, the top two winners are Democrat Xavier Becerra and Republican Steve Hilton. The Democrat Tom Steyer lost out in the primary race. In the Los Angeles mayoral election (that deals with the political issues of homelessness, affordability, wildfires, crime, ICE, etc.), the incumbent Karen Bass, who is a Democrat will face Republican Spencer Pratt. For the Iowa Governor's race, the Democrat Sand will face the Republican Lahn. The Democrat Deb Haaland will won for Governor for the state of New Mexico against Republican Gregg Hull. In Montana, the Republican Kurt Alme will face against Democrat Alani Bankhead. Dan Ahlers won the primary for Democrats for the Governor's race in South Dakota. Republicans Toby Doeden and Larry Rhoden will face runoff for the Republican primary in the South Dakota Governor's race too. 



By Timothy



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