Skimm'd while investing in ourselves…

theSkimm50 West 23rd Street, Suite 5B; New York, NY, 10010, United States Update Profile

FEBRUARY 26, 2020


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Skimm'd while investing in ourselves…


"Seniors looking for love" – "The Bachelor" is branching out. Bingo night's about to get wild.


The Story

Last week's fight club continued, with Fight Club President Elizabeth Warren back in action.

The first rule of fight club is…

Yeah, yeah we know. In this case, seven candidates were in the ring last night for the 10th Democratic presidential debate (out of 12). Here were the big themes of the night… in South Carolina is more diverse than some of the earlier states that voted this year. And racial issues came up. Former NYC Mayor Mike Bloomberg had to answer again for stop-and-frisk. Former South Bend, IN Mayor Pete Buttigieg brought up maternal mortality rates among black women. Sen. Amy Klobuchar (D-MN) advocated more sentencing reform and voting rights. Former VP Joe Biden says he'd put a black woman on the Supreme Court. Sen. Elizabeth Warren (D-MA) wants more money in HBCUs. She also called out redlining and talked up her housing plan. Billionaire Tom Steyer supports reparations for slavery...and defended his past investments in private prisons.

First-degree in, ever since Nevada, Sen. Bernie Sanders (I-VT) became the Democratic front-runner...and the other candidates aren't loving it. Sanders took hits over his campaign apparently getting love from Russia, the math on Medicare for All, and his record with gun manufacturers. He also faced some questions for his support of socialism abroad (hey Cuba, Nicaragua). But wants you to know he rejects authoritarianism.

Claws in the Warren Warpath continued. She hit Bloomberg on his prior support for Republican candidates including Sen. Lindsey Graham (R-SC). And for his alleged comments telling a pregnant employee to "kill" her baby...comments Bloomberg vehemently denied.

Foreign policy…as in Biden called for sanctions on Russia. Sanders called Israeli PM Benjamin Netanyahu a "racist." Klobuchar and Biden said they'd negotiate with North Korea differently. And multiple candidates called out China over human rights abuses, as well as the Trump admin's handling of the coronavirus that originated there. Some candidates called for more funding to agencies like the CDC and NIH.


This was the last time candidates on the debate stage got to show who can throw the meanest punch before the South Carolina primary. But it was also an important night nationally, as voters carefully consider their options before Super Tuesday next week.


Who people are remembering…

Hosni Mubarak. Yesterday, the former Egyptian president, who ruled for nearly three decades before being ousted during the Arab Spring, died at age 91. During those 30 years, Mubarak was seen as a staunch US ally in the Middle East who cracked down on the rising radical Islamist movement and kept the peace between Egypt and Israel. But for many Egyptians, he was known as an autocrat whose government cracked down on journalists and activists. He resigned in 2011 after being ousted by pro-democracy protesters during the Arab Spring. And he was convicted in 2012 (but was retried and acquitted years later) over the deaths of more than 800 protesters during the uprising. Egypt announced three days of national mourning.

What's causing a scare...

COVID-19 aka coronavirus. Yesterday, the CDC's director called the virus's spread in the US "inevitable." And said the public should prepare for a potential pandemic. Note: COVID-19 has infected over 80,000 people and killed more than 2,700 others globally. Meanwhile, President Trump said the virus will "go away." But US lawmakers have criticized the admin, including for downplaying the number of those infected.

...Oh and coronavirus fears continue to impact investments: Yesterday, the 10-year Treasury yield fell to a record low.

Who's making friendship bracelets…

President Trump and India's PM Narendra Modi. Yesterday, Trump defended Modi on the topic of religious freedom – and refused to speak out publicly against a contentious Indian citizenship law. The law – passed last year – grants citizenship to religious minorities (think: Hindus, Sikhs, and Buddhists) from three neighboring countries: Bangladesh, Pakistan, and Afghanistan. But it excludes Muslims – the majority religion in those countries. Trump's decision to support Modi comes amid deadly protests against the law that have killed at least 20 people and injured more than 180 others this week alone.

Skimm This: Our latest podcast ep explains what went down during Trump's visit to India.

What's been Bob-bing for CEOs…

Walt Disney Co. Yesterday, it said longtime CEO Bob Iger is stepping down. In his 15 years on the job, Iger led Disney to make a series of landmark purchases, including Pixar, Marvel, and entertainment assets of 21st Century Fox. He was widely considered one of the most successful entertainment CEOs in modern history. Now, after apparently pushing off retirement plans for years, he said he'll take a step back to focus on the creative side of the biz – and will stay on as executive chairman. Disney's newest CEO is Bob Chapek, who headed up Disney Parks. He just can't wait to be king.

PS: The Walt Disney Company is a minority investor in theSkimm.

What's spreading the news…

Gif peanut butter.


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Feeling molecool with...Katelyn S (MI). She just authored and published her first research article in a scientific journal. And is getting her master's degree in May. Cell-ebrate big.

Hey teacher, teacher...Jack W (CT). He's a history teacher who gets his students to read the Daily Skimm...and tests them on it. Bonus question: which Connecticut teacher was featured in the Daily Skimm this week?

(Some) Birthdays...Michael Martinolich (NY), Amy Schulman (NY), Baptiste Robineau (CA), Megan Heaning (NY), Jeanne Eberly (PA), Isabelle Withers (IA), Danielle Clymer (AZ), Grace McCoy (KY), Erika Pichardo (NY), Clara Pinchbeck (CT), Jennifer McUne (OR), Bonnie Murtha (PA), Cindy Kastanes (IL), Katy Fort (FL), Mandy Burr (AZ), Alexa Essenfeld (NJ)

*Paging all members of theSkimm. Reach out here for a chance to be featured.