Wes Streeting issued a statement stepping aside from the Labour leadership contest and backing Andy Burnham — while conspicuously using language interpreted as a bid to become Chancellor of the Exchequer.
Snapshot · The Rest Is Politics
Wes Streeting issued a statement stepping aside from the Labour leadership contest and backing Andy Burnham — while conspicuously using language interpreted as a bid to become Chancellor of the Exchequer.
Where this was said
At 58:24 · chapter starts 57:40
Rory Stewart makes his most provocative contribution of the episode: in three years, AI could change almost everything — unemployment, weapons systems, public-service productivity — and Britain has built its entire AI stack on American foundations. He sketches four options. First, bet that the US will remain benign and double down on integration, building smart applications in life sciences. Second, hedge by developing on Chinese open-source models as a backup. Third, buy chips, build data centres, and host American AI weights on British soil with legal protections, so that if access to frontier models is cut off, at least legacy capability remains. Fourth, launch a Manhattan Project with Japan, South Korea, Canada, Europe, and the Middle East to build sovereign frontier models — phenomenally expensive but treating AI as essential infrastructure like electricity or nuclear power. Stewart closes with a political warning: Eric Schmidt was booed off a commencement stage talking about AI, and anti-AI sentiment is building fast in America and will arrive in Britain. Someone in British politics will eventually pick up that mantle.
Wes Streeting announced he was stepping aside from the Labour leadership race and backing Burnham — but his statement conspicuously championed 'progressive capitalism focused on wealth creation' and 'leading the world in the fourth industrial revolution'. Campbell read it immediately as a pitch for the Chancellorship.
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The first Boland Amendment banning CIA and Defense Department funds for the Contras passed the House unanimously — yet the Reagan administration ignored it.
Over just two years, Saudi Arabia alone donated $32 million to the Contra rebels, giving loosely affiliated factions millions they had no way to spend on arms.
The National Endowment for the Preservation of Liberty raised $6.3 million for the Contras but only $3.3 million reached them — a shockingly low 52% program expense rate.
Richard Secord and Albert Hakim marked up their arms shipments to the Contras by as much as 300%, making enormous personal profits from the covert operation.
Lieutenant Colonel Oliver North, tapped to run the entire covert Contra support operation, had no prior experience in covert operations whatsoever — he was learning as he went.
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