P.S. I think it was either Bernard Baruch or Joe Kennedy Sr., not Rockefeller
Posts by Carter Dougherty
Maybe it's more like how industrial firms became financial services companies pre-2008 (and now) ... AI is where it's at, so that's where they go.
St. Francis was VERY weak on environmental issues, folks.
@404media.co is an absolute national treasure.
Journalists that understand technology without worshipping technologists, and in particular Bay Area bullshitters.
They are kicking dirt on the graves of the fawning so-called reporters that "covered" Silicon Valley for so long.
This would be like a BRD president circa 1972 talking about Westbindung ... It's eloquent and right but a massive step outside the norms of the Federal President? I'm not sure.
Private credit really may be about to start a student loan apocalypse. indebt.substack.com/p/this-week-.... That & more in This Week in Debt from Protect Borrowers! Featuring:
@carterd.bsky.social
@borrowerjustice.bsky.social + @tcfdotorg.bsky.social
& more!
Determined to squeeze the fun left in bar-hopping, Polymarket goes with this ...
Thanks I just died
"Jews don't belong in American society."
Imagine a sitting member of Congress tweeting that. You can't. Thankfully, it'd never happen. And *if* it did, it'd be the end of their career and the biggest story in America.
But Ogles can say this about Muslims without any censure.
They would have crucified Obama if he wore a ball cap under these circumstances.
Ghost of GWOT past?
An excerpt from Jesse Jacksonโs powerful speech to the Democratic National Convention on July 19, 1988.
May he rest in peace.
Heโs currently suing The New York Times and The Wall Street Journal, his DOJ seized devices from a Washington Post reporter, heโs said that the broadcast nets should lose their licenses and called for the firings of various journalists, what are we doing here?
This joke appeared in my texts from friends before I woke up this morning.
It merited a firm response when McConnell refused to confirm an Obama-nominated justice, but we didn't hear shit back then.
So Trump is either a wannabe ee cummings or just a bad German student.
I'm glad Trump has validated what the Democrats should do next time they have a trifecta.
WSJ quote: The Supreme Courtโs decision on Friday to slap down Trumpโs use of tariffs could make a U.S. attack on Iran more likely, said Wilbur Ross, who was commerce secretary in Trumpโs first term. โI donโt think he can take this loss and then be seen as backing down on Iran,โ he said.
The most chilling, because plausible, paragraph in today's papers.
(From WSJ www.wsj.com/politics/nat... )
Saving face and soothing his always-wounded ego, by launching a warโwith zero Congressional approval or public explanation or support.
Bolsonaro too
And South Korea! bsky.app/profile/myhl...
Let's not forget Brazil, where they PUT THE FORMER GUY AND INSURRECTIONIST IN JAIL!
Knda odd that this notion - Trump as corporate power skeptic - got serious debate. At best, there were some Repub antimonoplist elements that faced a long, uphill slog against the money and power of Big Business and Wall Street. With no institutional or popular base among MAGA Reps, they failed.
I'm thinking the German Social Democrats, circa 1933, would have viewed funding governmenet-sanctioned stormtroopers ... skeptically.
Kafka meets Heisenberg, it was once said.
Many people in South Africa, where Elon is from, died to create a genuinely multiracial polity. They were killed by people who thought like Elon.
The people who thought like Elon also lost. Seems their โcommon cultureโ of white supremacy wasnโt enough.
bsky.app/profile/alan...
Great piece by @jamellebouie.net on the need for ICE hearings. Get it all out there. www.nytimes.com/2026/02/11/o...
There's just nothing new in finance, is there? The idea here is the same one as behind synthetic CDOs. See scene in The Big Short with Richard Thaler and Selena Gomez
Sometimes very hard not to feel like the rest of the country has abandoned Minnesota. We STILL have ICE everywhere. Our schools, businesses, and economy are in profound crisis. But without Bovino here throwing tear gas, much of the country seems to not care at all whatโs being done to us.
Agree, keep him. Y'all were made for each other.
Mark Hamer, #2 at DOJ antitrust, quits.
MAGA lobbyists are demanding that Trump's antitrust division settle the monopolization case against Live Nation/Ticketmaster. The top lawyers in the department don't want to do it. So now the #2 at DOJ Antitrust just quit.