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Conventional Wisdom: As Advertised Edition
Power keeps promising one thing and delivering another and somehow everyone acts surprised. The gap between the official version and the actual version has never been more clarifying, or more lucrative, depending on where you're standing.
Senator Tim Scott ⬇
The South Carolina Republican took to the Senate floor to declare that the bipartisan passage of 21st Century ROAD to Housing Act would "bring this nation closer together." Then Trump posted on Truth Social that the signing ceremony was "hereby canceled." Washington came together just fine; it was the president who didn't show.
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Senator Bill Cassidy ⬆
The Louisiana Republican was one of four GOP senators who crossed party lines to advance the Iran war powers resolution 50-48, then reportedly confronted Trump directly about it in a closed-door Senate meeting. In this era of Republican capitulation, showing up and saying no twice in one day passes for backbone.
Melania Trump ⬇
Regime Change reveals she was overruled on barring Elon Musk from the Lincoln Bedroom, then watched Trump quietly rearrange her decorating choices while she was away. This first lady sounds more like a White House guest.
NORML ⬆
The cannabis advocacy group won a unanimous Supreme Court ruling striking down the federal ban on gun ownership by marijuana users after filing an amicus brief on the same side as the NRA. More than 50 years of legalization advocacy, and the Second Amendment got them further than the First.
Noam Shazeer ⬆
Google paid $2.7 billion to bring him back in 2024. He left anyway to join OpenAI, and his departure alongside Nobel laureate John Jumper, who defected to Anthropic, helped erase $270 billion from Alphabet's market cap in two days. A multi-billion pay package never looked like a better bargain.
James Gadwood ⬇
Trump's nominee for IRS chief counsel works at the firm that represents Trump's holding company in tax matters against the agency he’s been named to represent. In Washington, that's not a conflict of interest. That's a job qualification.
Originally a staple of Newsweek's print edition, Conventional Wisdom used arrows to track whose stock was rising or falling in the political circus. We're reviving it in the digital age because the problem it lampooned—hyperbole and partisan certainty masquerading as insight—has only intensified.
CW assigns arrows—up, down, or sideways—to the figures and forces shaping current events. The arrows don't predict the future or claim special insight. They capture the prevailing winds of the moment, uncluttered by tribal howling. In an era when partisan media reinforces rather than questions assumptions, CW operates from the center—skeptical of left and right alike, committed to puncturing inflated reputations and recognizing overlooked truths.