Universal healthcare would significantly reduce employer monopoly power.
#EconSky

I noted yesterday that we would do well to describe what role the actions Trump is performing, rather than assuming he is functioning as President.

Mostly, Trump is an old man retreating into his lifelong hobbies: construction, cons, and corruption. With lots of golf.

Beef prices just hit a record high. A pound of ground beef in many stores now costs more than the federal minimum hourly wage. These people are so out of touch it’s ridiculous.

ENERGY SECRETARY CHRIS WRIGHT: We were proud to have gasoline prices below $2 a gallon earlier this year

HEINRICH: What are they right now?

WRIGHT: Just over $4

HEINRICH: What is diesel?

WRIGHT: Diesel is over $5

HEINRICH: It's closer to $6 in my state

WRIGHT: It's over $8 in California

This is genuinely one of the foundational copes of the modern conservative movement, a stabbed-in-the-back narrative about why the US lost Vietnam

Pedocon theory remains undefeated

Nothing has killed more soldiers in the history of humanity than disease. While worst is a more complicated question Hegseth is absolutely the dumbest secretary of defense the United States has ever had. bsky.app/profile/ones...

Kevin Warsh just lost me. He argues he's going to be an independent Fed Chair, but refuses to acknowledge that Trump lost the 2020 election. If you can't state simple facts when you're in the political spotlight, you aren't independent. You're a coward.

Secretary of War Pete Hegs... • © • 39m The War Department is once again restoring freedom to our Joint Force. We are discarding the mandatory flu vaccine requirement, effective immediately.

General George Washington required Continental Army soldiers be inoculated for smallpox. We would not have won independence if he hadn’t.

You dumb chucklefuck.

surely no army in military history has ever been laid low by disease, a famously uncommon problem among people living in enforced close quarters

Warsh may be a reasonable guy and capable economist just playing a role here. But if integrity and independence are qualities we value in a Fed Chief, he does not have them.

Every nominee who dodges this question tells us that they have no meaningful commitment to American democracy.

future generations will need a series of textbooks just to explainhow this dumb question became a litmus test because these fascists were so stupid and their leader so far up his own arsehole that they couldnt even just lie about what they thought to get into power

ELIZABETH WARREN: Did Donald Trump lose the 2020 election?

KEVIN WARSH: Uhm, we try to keep politics if I'm confirmed out of the Federal Reserve

WARREN: I'm just asking a factual question

WARSH: I believe this body certified the election

WARREN: That's not the question I'm asking

WARSH: The broad contours of the economy are improving. The potential of the economy, the real results of the economy are improving.

TINA SMITH: The reality is there was almost 0 job growth in 2025. That looks to me like not a roaring economy, but a weak economy.

This Isn't Trading. It's Theft from Your Retirement. Someone keeps making perfectly-timed bets right before the President speaks. The victims are your pension, your 401(k), and the country I took an oath to defend.

Fifteen minutes before the President announced he was pausing strikes on Iran, somebody moved $500 million in oil futures. Somebody knew. Somebody told them. Or somebody is them.
New piece ↓
open.substack.com/pub/adamkinz...

He just gave away the whole game

“Ready for some bullshit? You paid the the higher prices… They raised prices on you to cover the tariffs, kept prices high, and now they get the refund.

Also: 88 of the largest US corporations paid zero income tax in 2025.”

(From @attorneyryan.bsky.social )

You know who else famously used paid informants to infiltrate extremist groups?

The Justice Department.

CHRIS WRIGHT: Energy prices are still well lower than they were in middle of the Biden adminis--

CANTWELL: I want to stop you right there. There is nobody in the Northwest who thinks that. Not when they wake up & airline flights are being canceled because of high fuel costs. No one thinks it's okay

I remain part of the group that think Trump wants to lose the midterms.

Why? He is bored. Johnson is a servile little lap dog who can’t manage the House. Thune is a stick in the mud. The legislative agenda is dead.

But a Dem House and/or Senate? They will want a fight? And Trump LOVES a fight.

We must use US taxpayer dollars to backstop the UAE

Which is facing economic problems caused by the war Trump started and doesn't know how to win

A war encouraged by leaders of the UAE

Who have given hundreds of millions in bribes to Trump, his family, and associates

CNN put together a montage of Trump saying as far back as March 9 that his war against Iran "is going to be finished pretty quickly," then him saying that same thing over and over for the past six weeks

It remains notable that The Onion — The Onion! — has had a stronger moral compass and more clear set of values in this moment than nearly every powerful and well-funded institution in American life.

Rivian and Redwood announce energy storage partnership Rivian and Redwood Materials are deploying the first repurposed EV battery storage system at a U.S. auto plant, delivering 10 MWh of second-life capacity at Rivian's Normal, IL facility.

Very cool: Rivian sends old batteries to Redwood, who hooks them all up via its special sauce, and now the batteries are helping power a Rivian manufacturing plant!

Closed loop starting to come into sight ...

Now that the Supreme Court has ordered the Trump administration to refund companies what they paid in tariffs, yet there are still tariffs in place, what's the plan? Consumers continue to fork money over to corporations who will later get another refund?

Say what you will about the worst members of the Roberts Court, but they all make sure their wives are in on the grift.

Jane Roberts, Martha Alito and Ginni Thomas are equal partners with their husbands in the grand project of destroying the United States and enriching themselves in the process.

Brunch with int'l logistics friend:

Shippers are now declaring 50% force majeure fuel surcharges

So the cost of an ocean or air delivery originally quoted at $10,000 is now de facto $15,000

#Stagflation
#EconSky

Your penny beats Tesla's taxes. #econsky

Going to work in style tonight. #motosky #motoguzzi

Extremely normal and fine for a company to put this in a public statement