Great piece by Chris Desan about Fed Independence. She looks NOT at the relationship btwn central banks and elected governments generally, but specifically argues that power over money belongs to the legislature, not the executive: www.ineteconomics.org/perspectives...
A true giant. I was lucky enought to meet him and spend an evening around him and Rorty in Chicago many years ago. RIP
apnews.com/article/juer...
The following is REAL footage from Portland, 2025. Viewer discretion is advised.
This is largely why I find Trump's anti-CBDC rhetoric (and that of many of his supporters) is so ironic. As I wrote earlier this year: www.citationneeded.news/issue-80/
A pastor in Denver, Colorado, who said that God told him to sell cryptocurrency to his followers was indicted this week on dozens of theft- and fraud-related charges, along with his wife, for selling a digital coin that prosecutors said had no real value.
x.com/by1959/statu...
If only we could cure stupidity
Go Blue!
New in PN: Trump's hopeless tariffs confusion, explained by a historian
“He wants the society of the '50s with the policies of the 1890s. But you literally don’t get the society of the '50s without a comprehensive rejection of the policies of the 1890s, even by Republicans." - @rauchway.bsky.social
Not getting much attention, but the Senate GOP is about to start voting - to make sure banks can charge higher overdraft fees. Seriously.
Good time to let your Senators know what you think of that.
Screenshot of a McConnell tweet declaring “this week in the Senate proved that clumsy partisan jams will not work” after he filibustered a Democratic spending bill and Democrats agreed to allow a McConnell-preferred clean bill to pass to avert a shutdown.
In 2021, McConnell successfully filibustered a Democratic CR ahead of a government shutdown and forced them to accept a clean one instead. What happened this week - a total cave on a totally partisan long-term funding bill - hasn’t happened in the 20 years I’ve covered Congress.
From interview of Lee Bollinger, 1st Amendment scholar who served as dean of @UMichLaw, president of @UMich, and president of Columbia University.
www.chronicle.com/article/were...
Nothing to be scared of - It is a fabulous book! I was Ben Geva’s grad student when he was working on it and he spent quite a bit of time in the trenches finding the primary sources. There are lots of lessons to be learned as you know …
Stop writing about Benjamin Geva's 2011 book “The Payment Order of Antiquity and the Middle Ages: A Legal History” in @rollingstone.com Nathan, you're scaring the hoes.
S&P 500 Index performance under Obama, Biden, and Trump
Things are going great
"Earlier this year, the Air Force revealed that the general who oversaw its lobbying before Congress had inappropriate romantic relationships with 5 women ... one woman whose relationship with Finerty was scrutinized by the inspector general was Joni Ernst"
Tweet by Eric Trump: I love the genius of announcing a strategic reserve on a Sunday, when traditional markets are closed and Wall Street sleeps. For the first time, retail investors win. Traditional finance better catch up, or it will quickly become extinct. The world no longer runs on a Mon-Friday, 9 to 5. @worldlibertyfi #BTC #ETH Screenshot of Trump's posts: Avatar Donald J. Trump @realDonaldTrump And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum! Avatar Donald J. Trump @realDonaldTrump · 2d A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!
Eric Trump plainly admits that his father’s Sunday social media post about the “crypto strategic reserve” was intended to manipulate the crypto markets
Delighted to report that my article, "'Least-Cost' Resolution" will be published in the Yale Journal on Regulation!
Abstract below, full paper here: papers.ssrn.com/sol3/papers....
He didn't wear a suit, but he received a pardon and was treated better than Zelenskyy was.
If you worked for 18F and got fired, Group together to start a consulting company.
It’s just a matter of time before DOGE needs you to fix the mess they inevitably create.
They will have to hire your company as a contractor to fix it. But on your terms.
I’m happy to invest and/or help
Nailed it…
I wonder how many RTs this will get at the other place.
Meanwhile, I'm looking to see how widespread these protests can be.
The time has come my friends 🤖
We are so excited to launch the registration and early agenda for We Robot 2025! You can find more details for registration, what you can expect, and hotel booking here: www.werobot2025.ca.
@windsorlaw.bsky.social
PSA: They’re killing the Consumer Financial Protection Bureau because it protects you from them.
SCOOP: Kash Patel took $25,000 from a production company with ties to Russia propaganda activity to appear in an anti-FBI docuseries. He did not respond to questions about this.
www.motherjones.com/politics/202...
How many of you heard about a Tesla exploding yesterday and figured it was just a Tesla being a Tesla?
Accurate.
A warm Bluesky welcome to Chinmayi Sharma (@chinmayisharma.bsky.social), who is doing interesting and valuable research on trustworthy AI and other tech law topics.
