El-Sayed Turmoil After Dem Endorses Republican | 11.2.26 · Morning Wire summary

Key takeaways

Julian Epstein urged Michigan voters, including Democrats, to support Republican Mike Rogers and predicted Rogers would defeat El-Sayed after Haley Stevens’s endorsement.
Epstein argued that Democratic leaders are tolerating antisemitic rhetoric to retain radical constituencies, rather than rejecting it as earlier party leaders would have.
Investors questioned whether massive AI infrastructure spending will produce sufficient profits, contributing to sharp losses in major stock indexes.
Hackers stole approximately $6.3 billion in digital assets from Binance in roughly 20 minutes; the FBI suspected North Korea, while Binance said it would cover the losses.
Victoria Coates argued that European migration, political radicalism, and unrest represent a warning about what could follow similar policies in the United States.

Summary

Julian Epstein says Haley Stevens’s endorsement exposes Democratic antisemitism

Former Democratic House Judiciary counsel Julian Epstein called Democratic Representative Haley Stevens’s endorsement of Republican Senate candidate Mike Rogers an “epical moment.” He said a PAC affiliated with Sank Unger, identified as Hassan Piker’s uncle, ran an ad blaming Jews and Israel for grocery prices, which Epstein described as a centuries-old antisemitic conspiracy trope. He argued that Democrats once would have rejected such material immediately but now tolerate it to retain shrinking constituencies. Epstein predicted Rogers would win, urged Democrats and Jewish and patriotic voters to support him, and said he had maxed out his own contribution.

Epstein predicts a 70–30 reversal against El-Sayed

Asked whether Stevens’s supporters would follow her, Epstein predicted that a traditional 70–30 Democratic split among Michigan Jewish voters could reverse to 70–30 Republican. He also expected centrist, patriotic voters and many Black voters to move toward Rogers, arguing that Michigan’s Black electorate is generally moderate on cultural issues and entrepreneurial rather than socialist. Epstein said El-Sayed’s Black-community support was weak enough to require appearances by James Clyburn and Angela Alsobrooks. He characterized the Senate race as nationally crucial because a Republican win could help Republicans retain the Senate.

AI spending drives a tech sell-off as a $6.3 billion crypto theft rattles investors

Megan Basham attributed the Nasdaq’s nearly 3% Friday drop, the S&P 500’s nearly 2% decline, and the Dow’s loss of more than 570 points to disappointing reports from Amazon, Intel, and Google and doubts that AI profits will justify the infrastructure spending. She compared investor anxiety with the 2000 dot-com crash. Separately, hackers reportedly stole about $6.3 billion in digital assets from Binance after compromising an engineer’s computer; the money disappeared within 20 minutes. The FBI pointed toward North Korea, while President Trump said he was not concerned and Binance’s CEO said the exchange would cover losses.

Financial dissatisfaction adds to Republican midterm anxiety

Basham noted that the Nasdaq had still reached a record high earlier in October and that the more traditional-industry-heavy New York Stock Exchange posted a positive return for the week, despite the technology sell-off. However, an NBC national poll found that just over half of registered voters were dissatisfied with their personal finances—the first time dissatisfaction had exceeded satisfaction in the poll’s 30-year history. She said that financial unease, combined with other negative economic news and polling, was contributing to predictions of a difficult Tuesday for Republicans, though the hosts stressed that the result would not be known until votes were counted.

Coates links European riots and Poland’s constitutional fight to U.S. politics

Heritage Foundation national-security expert Victoria Coates described Halloween violence in Germany, France, Spain, and Italy as part of a broader far-left network fueled by what she called 20–25 years of unfettered migration. She praised Italian Prime Minister Giorgia Meloni’s policy of making rioters’ families financially responsible for damage and said France might follow with tougher enforcement. In Poland, Coates said Prime Minister Donald Tusk was trying to install liberal judges and move the country toward deeper EU integration, including adoption of the euro, while conservative President Norosky opposed him and relied mainly on persuasion after the military refused Tusk’s instructions. Coates said the U.S. election posed a similar choice over immigration, Supreme Court expansion, and pro-Hamas politics.

Show notes

The Democrats’ attempts to hold on to the Senate seat in Michigan takes a massive eleventh-hour hit – with a shock Democrat-endorsement of Republican Mike Rogers. The biggest bank heist in history targets crypto investors – while the stock market is shaken by a punishing tech selloff. And, an attempted high court “coup” in Poland sees its conservative president take dramatic action – meanwhile Halloween riots flare up in Germany and France. Reporting from Megan Basham. Plus, we speak with Julian Epstein, Former Democratic Strategist, and Victoria Coates, National Security Expert at the Heritage Foundation. Get the facts first with Morning Wire.- - -Ep. 3174- - -Wake up with new Morning Wire merch: https://bit.ly/4lIubt3- - -Today's Sponsors:DeleteMe - Take control of your data and keep your private life private with DeleteMe. DeleteMe monitors data broker sites that sell your personal information, works to remove it, and helps keep it removed throughout the year. Get 20% off your DeleteMe plan at https://joindeleteme.com/WIRE and use promo code WIRE at checkout.Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text WIRE to 83848 to make TWICE the impact for freedom today. ZocDoc - Find and book high-quality, in-network doctors without the phone tag. Visit https://Zocdoc.com/WIRE to get started and check that appointment off your to-do list.- - -Privacy Policy: https://www.dailywire.com/privacymorning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast
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