Posts by PunkToad.org
Why is the stock market shrugging off... everything? Well, maybe it's betting that AI will save it and that the government won't let AI fail. Call it the AI put. My new piece in NYT Opinion on the market's reliance on getting rescued:
www.nytimes.com/2026/04/18/o...
Emails released on Monday by California’s attorney general show Amazon allegedly colluding with other companies to raise the prices of pet treats, khaki pants, eyedrops and other products sold online
⚡️ Russian economy faces 'financial disaster,' Sweden's spy chief warns as Moscow hides true deficit.
Stockholm believes that Moscow is "living on borrowed time," Sweden's military intelligence chief Thomas Nilsson said.
So you and I and everyone else are in effect now refunding American corporations for import tariffs, although we paid for most of them in the form of higher prices — which they won’t now lower because they have monopoly power to keep prices high.
The Art of the Deal.
Speramus Meliora; Resurget Cineribus — “We hope for better things; it shall rise from the ashes.”
hyperallergic.com/harry-bertoi...
Time outdoors matters...
www.sierraclub.org/california/c...
Emphasis on the filth...
The ultra wealthy pay less than ever under Trump's tax policies. You pay more through hidden mechanisms like tariffs and eliminated health credits. This system extracts from workers to fund billionaire slush funds. #TrumpRiggedYourTaxReturn