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I Was Wrong: Democrats Won A Dunkirk Victory In Shutdown Defeat

In 1940, Winston Churchill ordered the evacuation of 338, 000 troops facing annihilation on the beaches of Dunkirk. Churchill called the successful operation “a miracle of deliverance.” Historians portray it as a perfect example of victory in defeat. Democrats raging at eight members of their caucus for ending the government shutdown might take a few lessons from the master of morale and strategy. What some hotheads framed as “capitulation” is, in the long run, the wisest plan. Right after Dunkirk, Churchill famously said, “Wars are not won by evacuations.” That is so, but stopping a potential disaster lets your side fight another day. Ending the shutdown prevented negative outcomes that had begun chugging the Democrats’ way. Shutdowns almost always bite the party that starts them. The record for this is so strong that I thought Democrats had erred from Day One. I was wrong. Democrats effectively used the headlines to highlight the issue sure to haunt Republicans come the midterms: the soaring cost of health care. Democrats prevailed in the recent elections, partly on threats to their health coverage, partly on rising food prices, tariff chaos and in-your-face corruption. But at a certain point, the news started turning from the fight to extend the Obamacare subsidies to flights being canceled and the poor losing food assistance. With Thanksgiving approaching, the sight of family members sitting on suitcases in airports is not optimal. As many more Americans feel shutdown pain at the personal level, Democrats are harder pressed to avoid blame, even if the public liked certain items they were fighting for. Now some firebrands just want a fight. But their contention that reopening the government caused a loss of leverage is based on illusion. Democrats never held meaningful leverage because they don’t have the votes. Republicans control the White House, the House, and the Senate. To quote Barack Obama, “Elections have consequences.”The election of Trump and a mostly pliant Republican Congress created such consequences as attacks on Obamacare and, more ominously, our democratic institutions. Democrats can offer a prettier set of consequences, but they can only deliver them if they retake control. The Democrats’ winning message should be, elect us and we will restore health care security. Even the temporary loss of it will hit home. As another great American, Joni Mitchell, sang, “Don’t it always seem to go that you don’t know what you’ve got till it’s gone?”Now, if the shutdown worked in avoiding even some pain, that would be an argument in favor. But it wasn’t. Speaking for Democrats who voted to reopen the government, Maine Sen. Angus King, an independent, posed the right question: “Does the shutdown further the goal of achieving some needed support for the extension of the tax credits?” (He’s referring to credits that were temporarily increased during the pandemic, making coverage cheaper for millions.)These senators come from the swing states of Nevada, Virginia, Pennsylvania, New Hampshire and Maine. They are key to Democrats obtaining and keeping a majority in Congress. Without them, Democrats have no hope of obtaining real power. And without real power, their politics are just performance. As noted, the shutdown did succeed in putting the specter of lost health coverage front and center. That mission has been accomplished. Trump’s now railing that Obamacare is a “scam” to get the insurance companies filthy rich. Democrats should thank him for calling this revered benefit a “scam.”Assessing the dire situation at Dunkirk, Churchill chose not to make a heroic yet suicidal stand. But he followed closely with his immortal “We shall fight on the beaches” speech a rally to the nation for continued resistance. The midterms are the beaches that Democrats should be storming.

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Congress votes to end longest government shutdown in history; Moran calls it ‘unnecessary hardship’

Congress voted Wednesday evening to end the longest federal government shutdown in the nation’s history after 43 days. The House of Representatives voted to advance a spending package that will fund the USDA, Department of Veterans Affairs and other institutions through the 2026 fiscal year. That includes funding for the Supplemental Nutrition Assistance Program, of [.].

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Cisco stock jumps 8% as AI‑networking orders boost outlook to $60.2B‑$61B

The post Cisco stock jumps 8% as AI‑networking orders boost outlook to $60. 2B‑$61B appeared com. Cisco shares rose 8% in late trading on Wednesday after the company raised its fiscal‑2026 revenue outlook to between $60. 2 billion and $61 billion, according to its Q3 earnings report, with executives saying the new range reflects stronger demand for AI‑ready networking systems. The company reported that its earlier forecast fell short by almost $1 billion, and the new figure put it above expectations tracked by Wall Street, and this is after Cisco outperformed revenue and earnings targets in the second quarter too. The company said it now expects $4. 14 per share in adjusted earnings for fiscal 2026, a number that stands higher than the $4. 05 analysts projected. Demand for secure and fast networking is rising as businesses rush into AI upgrades across data centers, cloud systems, and enterprise networks. AI orders increase as Cisco builds partnerships and updates hardware Cisco CEO Chuck Robbins, speaking to analysts during a conference call, said the company expects the AI pipeline to accelerate in the second half of fiscal 2026. Chuck said customers are moving fast to unlock AI systems, and that networks must stay secure as workloads expand. The company also said late Wednesday that AI infrastructure orders reached $1. 3 billion in the most recent period, compared with $800 million in the quarter before that. Executives said Cisco is redesigning chips and routing systems to handle heavier AI traffic, with upgrades meant to connect large racks of servers used for advanced training models and other compute‑heavy tasks. Cisco is competing against Broadcom and Hewlett Packard Enterprise, which owns Juniper Networks, but the business is also working with Nvidia through a partnership that the company says gives it an advantage in building AI‑optimized network equipment. During the fiscal first quarter, which ended October 25, Cisco reported $14. 9 billion in revenue, showing an 8%.

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Crypto Market Update: Bitcoin Slips Below $102K, Ethereum And XRP Struggle

The post Crypto Market Update: Bitcoin Slips Below $102K, Ethereum And XRP Struggle appeared com. The post Crypto Market Update: Bitcoin Slips Below $102K, Ethereum And XRP Struggle appeared first The bullish energy that drove prices higher earlier this month is fading, and the clock is ticking for a strong recovery. Bitcoin recently faced rejection near $104,000 and slid back toward $102, 000. A close below that level could open the door for another move down toward $98,000. That range has acted as support several times, but repeated retests often make it fragile. Bitcoin Faces “Make or Break” Moment Price action on the daily chart shows a steady pattern of lower highs and lower lows, a sign of a continuing downtrend. Unless Bitcoin pushes back above $104,000-$106,000 soon, the next stop may be below the $100,000 line. The current setup hints at a possible “death cross” a point where short-term moving averages slide under long-term ones. Such formations often pull prices lower before any recovery attempt begins. A brief bounce remains possible if the $98,000 support holds. Reclaiming lost ground above $104,000 would bring fresh hope of a rebound later in the month, but momentum needs to return fast. Ethereum Struggles to Regain Strength Ethereum is showing similar weakness. After a short recovery from around $3,000, the coin is again losing ground below resistance near $3,700. A strong daily close above that level could mark the first step toward recovery, but for now, the market remains cautious. If selling continues, Ethereum may revisit the $2,800 zone, which has acted as a mid-range floor several times this year. The coin remains caught in a tight range with limited buying volume. Altcoins Stay Mixed as Caution Grows Some smaller altcoins are holding steady or showing.