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Monday, March 3, 2025

CNN rejects Ackman, Musk statements it was ‘tipped off’ about Trump assassination attempt

 CNN rejected a claim made by Elon Musk — and later flagged by Bill Ackman — that it only covered Donald Trump’s rally in Butler, Pa., because the network may have been “tipped off” about the assassination attempt on the then-Republican presidential candidate.

Musk, who heads the Trump administration’s Department of Government Efficiency (DOGE), made the stunning suggestion during an interview with podcaster Joe Rogan over the weekend, wondering why CNN “streamed [the rally] live … which I do not believe they did for any other rally.”

The Tesla boss added it was “weird” that CNN chose to broadcast the rally live given that it was “in the middle of nowhere in Pennsylvania.”

Former President Donald Trump survived an assassination attempt in Butler, Pa., on July 13.AP

Ackman, founder of the Manhattan-based hedge fund Pershing Square Capital Management, followed up on X: “What are the chances @CNN was tipped off to stream the Butler rally? Why isn’t this worthy of an investigation? It shouldn’t be too hard to figure out who orders the coverage and why.”

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He then sought to clarify his post, writing: “I am not suggesting that someone at @CNN knew about the assassination attempt, but it is in the realm of possibility that CNN was advised that something interesting would take place that motivated them to cover the Butler rally, having apparently not streamed other Trump rallies.”

Elon Musk told podcaster Joe Rogan that it was “weird” that CNN “streamed [the rally] live … which I do not believe they did for any other rally…”The Washington Post via Getty Images

The embattled network rejected his theory, responding to Ackman’s post on X with its own reply.

“CNN provided live coverage of President Trump’s Butler, PA rally in anticipation of news about his pick for Vice President. Any suggestion contrary to that fact is completely false,” the network wrote.

CNN host Jake Tapper during coverage of the aftermath of the July 13 assassination attempt.CNN
Musk made the comment during an interview with podcaster Joe Rogan.YouTube/PowerfulJRE
Billionaire hedge fund manager Bill Ackman said CNN may have been “tipped off” to cover the fateful rally in Butler.REUTERS

CNN’s public relations department responded to Ackman by writing on X:

“If true, that’s a lead worth pursuing in my view.”

The Post has sought comment from Musk. A rep for Ackman declined to comment.

CNN released a statement saying it covered the Butler rally “in anticipation of news about his pick for Vice President.”Anadolu via Getty Images

Trump was shot in the right ear in Butler on July 11 by Thomas Matthew Crooks, who was killed by Secret Service agents.

A second attempt on Trump’s life took place on Sept. 15 at Trump International Golf Club in West Palm Beach, Fla., where a suspect named Ryan Wesley Routh was apprehended after being spotted aiming a rifle. No injuries were reported.

These incidents prompted investigations into security lapses, leading to a bipartisan task force that issued recommendations to enhance protective measures for political figures.

https://nypost.com/2025/03/03/media/cnn-rejects-bill-ackman-elon-musk-over-trump-assassination-attempt-link/

Comment on GDPNow

 On Friday, I noted: Q1 GDP Tracking: Wide Range, GDPNow Goes Negative


GDPNow from the Atlanta Fed went strongly negative in the most recent reading: "The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -1.5 percent on February 28".

GDPNow is an excellent tracking model, however, the January surge in imports - especially for gold - caused the model to move negative. As the Atlanta Fed noted: "the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points".

Usually there would be an offsetting increase in inventories, but that is a lagging indicator. This is a short-term distortion and will balance out over the next month or so.  I don't expect negative GDP in Q1.

America Still Needs a Covid Reckoning

 The Alliance for Responsible Citizenship invited me to address the topic “Can Institutions be Reformed?” at its annual forum in London last month. ARC, founded by Baroness Philippa Stroud and psychologist Jordan Peterson, is a conference that focuses on the West’s failure to cultivate its traditional values, which provided the world with history’s most successful societies.

I asked the audience: Why, at this moment in history, are we asking how institutions should be reformed, or if they even can be? For decades we have been aware that institutions were failing—incompetent, wasteful and corrupt governments; biased and dishonest journalism; agenda-driven schools and universities.

My answer is Covid. The mismanagement of the pandemic hit us personally and exposed a massive, across-the-board institutional failure. It was the most tragic breakdown of leadership and ethics that free societies have seen in our lifetimes.

Yet, oddly, the topic remained almost invisible at the weeklong conference, unmentioned by dozens of speakers. It was the elephant in the room, just as lockdowns and mandates are missing from almost all of America’s discussion of postelection plans.

To understand why the pandemic finally forced us to address institutional failure, we must acknowledge the facts. The virus didn’t cause lockdowns. Human beings decided to impose lockdowns, which failed to stop the deaths and the spread. Lockdowns inflicted massive damage on children and literally killed people. A review of 34 countries with available data found that through July 2023 “the US alone would have had 1.6 million fewer deaths if it had the performance of Sweden.” A January 2023 paper in the Journal of Economic Dynamics and Control estimates that over the next 15 to 20 years, unemployment alone will cause 900,000 to 1.2 million additional American deaths—from the lockdown, not the virus.

More than massive incompetence by bureaucrats, more than a lack of critical thinking, we saw a failure of society’s moral and ethical compass so pervasive that we have lost trust in most institutions and leaders—trust that is essential to the function of any free and diverse society.

Especially in the U.S.—where the Declaration of Independence proclaims that all men are “endowed by their Creator with certain unalienable rights”—it is stunning that liberty fell so quickly and thoroughly by government decree and with public assent.

Why did free people accept Draconian and illogical lockdowns? The answer reveals the reason for the silence on the pandemic. Censorship and propaganda are part of the explanation, tools of control that convinced the public of two lies—that there was a consensus of experts in favor of lockdowns, and that dissent from that false consensus was dangerous.

Yet that alone doesn’t explain today’s silence about that extraordinary collapse. It is also that so many smart and influential people were complicit. They bought into and even advocated irrational measures that defied data, biology and common sense. That acquiescence—frankly, cowardice—and the failure to grasp reality are inconvenient truths that, understandably, no one wants to revisit.

Disruption is needed, and many are basking in the victory of history’s most disruptive politician, Donald Trump. His win is a repudiation of failed leftist policies, as well as their cultural perversions contrary to common sense. It was also a rejection of media propaganda, cancel culture and censorship.

I am concerned that most people demanding disruptive institutional changes are eager to “turn the page” on the human-rights violations, the true constitutional crisis. What about setting the record straight, officially recognizing the truth, demanding accountability? The ultimate disrupter won, and his appointees are now in charge—so all is well?

Turning the page on modern history’s worst societal failure would be extraordinarily harmful. Failure to demand and issue official statements of truth about the pandemic management after the devastation endured by millions would eliminate all accountability. And accountability is just what we need to restore trust in institutions and among fellow citizens.

No doubt, new versions of institutions need to emerge, and old versions of old institutions need to re-emerge, especially when it comes to fostering debate and the robust exchange of ideas. But most solutions come from individuals, not government, and ultimately individuals, not institutions, will save or destroy freedom.

There is a disastrous lack of courage in our society. To quote C.S. Lewis, “Courage is not simply one of the virtues, but the form of every virtue at the testing point.” We can’t have a peaceful, free society if it is filled with people who lack the courage to speak and act with certainty on Hannah Arendt’s “elementary questions of morality.” That’s why we must reckon with the madness of our Covid response.

Dr. Scott Atlas is a senior fellow at Stanford University’s Hoover Institution. He served as a Covid adviser to President Trump in 2020.

https://www.wsj.com/opinion/america-still-needs-a-covid-reckoning-institutional-failure-values-breakdown-ee6a660d?st=Tzb3JY

What to Expect From Trump’s Pick to Lead the FDA

Blind Spots: When Medicine Gets It Wrong, and What It Means for Our Healthby Marty Makary, M.D. (Bloomsbury Publishing, 288 pp., $28.99)

 The U.S. Food and Drug Administration is arguably the world’s most powerful regulatory agency, making decisions that affect trillions of dollars in spending. To run the agency, President Trump has nominated Marty Makary, who, like Health and Human Services Secretary Robert F. Kennedy Jr., has challenged public health orthodoxy. Makary’s recent book, Blind Spots, examines cases where the medical establishment has erred and offers insight into the thinking that might guide his FDA.

Fitting Kennedy’s vision, Makary discusses how “root causes” like pollution and poor nutrition shape health outcomes. His heroes are iconoclasts whose commitment to evidence-based medicine, he believes, has been stifled by institutions that suppress dissent for political reasons. A central challenge for Makary’s prospective FDA tenure will be how a critic of the establishment performs when he’s in charge.

Despite having no experience in government, Makary has influenced a number of salutary health-policy initiatives. A surgical oncologist at Hopkins, he was the lead author of a paper that became the influential “Surgical Safety Checklist,” which reduces surgical mortality by as much as a quarter. Similarly, he has been a leader in the elimination of “never events”—medical errors that should never happen in a hospital. And he has worked for medical price transparency, with his book The Price We Pay calling for “a requirement for all hospitals to post cash prices for shoppable services. . . . because transparency is an American value.”

Blind Spots suggests that transparency will be a priority at Makary’s FDA. For example, Makary highlights how evidence of HIV transmission through blood transfusion was suppressed in the 1980s to protect confidence in blood banks. He quotes the New York Times reporting that scientists “had not shared clues of [an AIDS-like virus] with health officials because they were holding it for publication in scientific journals.” Makary’s emphasizes the importance of sharing data rapidly, both in policy and in academic publications.

Makary’s focus on transparency dovetails with his dislike of paternalism. He criticizes the organ-donation system for not revealing waitlist positions, and the American Medical Association for “lobbying against patients having full access to their medical results in real time[.]”

His anti-paternalism also suggests openness to “challenge studies,” where participants are voluntarily infected to study a disease. (My nonprofit works on challenge studies.) Makary praises two historic examples: Edward Jenner’s smallpox vaccine test in the eighteenth century and Barry Marshall’s self-experiment indicating h. pylori causes ulcers. He separately endorses leading challenge-study researcher Matt Memoli’s universal flu vaccine candidate.

If you read Blind Spots without knowing about Makary’s nomination, you might not predict the FDA as his destination. Only a few of his case studies involve FDA-relevant issues: a story about the misconceived panic over the safety of silicone breast implants and, more briefly, a discussion of oxycontin. In each, he criticizes the FDA for making decisions without proper evidence. In the silicone breast-implant case, a CBS television segment “ignited a nationwide frenzy,” which led to an FDA ban in 1992. The ban was not rescinded until 2006, eight years after the FDA commissioner who originally instituted it conceded that “there’s no evidence that [silicone breast implants] cause systemic disease.”

Time and again, Makary stresses the importance of being rigorous about evidence, and the lives lost to delays in the availability of that evidence. This may imply the desirability of “real-time transparency” between drug developers and the FDA (sharing data with the FDA automatically as the researchers gather it during a clinical trial) and between the government and the public after a drug has been approved (providing a publicly legible readout of real-world evidence on usage, safety, and effectiveness).

Such transparency would require substantial new capacities at the FDA. Systems that connect real-world uses of drugs to patient outcomes would help address declining social trust in medicine. Makary could pursue such capacities by using advances enabled by artificial intelligence, piloting the approach in areas where funding might be available, or collaborating with international partners with easier access to health-care data, such as Israel or the United Kingdom.

A key question for Makary: How can someone who has influenced public policy from the outside transition to effective leadership of an establishment that he has criticized? Scott Gottlieb joined the FDA with the aim of sharing the agency’s decision letters with the public, but he failed to do so. Makary’s predecessor, Robert Califf, made improving the FDA’s use of real-world evidence a key objective, but whether those attempts will bear fruit remains uncertain.

Makary says that his goal in Blind Spots is “to increase public trust by restoring faith in the scientific process.” At the FDA, Makary will need to bring innovation to the problem of administration and institutional design. That task will likely be more challenging than any case he has faced in his career.