Todd H. Baker
tbakerbroadmoor.bsky.social
Todd H. Baker
@tbakerbroadmoor.bsky.social
2.3K followers 3.2K following 660 posts
Write and teach about all things fintech, banking, finreg. Man of the Enlightenment, now sorely tried by life. Progress in finance is circular®
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Reposted by Todd H. Baker
Sticker shock for ACA recipients:

Clint and Cindy Kittrell, Oregon: $305/month --> $2,500/month.

Chad and Tara Smith, Idaho: $710/month --> $1,000/month.

Jessica Bunger, Florida: New premiums quadruple to $1,100/month. "I’ve never felt so powerless in my life"

www.wsj.com/health/healt...
Americans Are Getting a Look at Next Year’s ACA Premiums and Many Don’t Like It
Many Affordable Care Act enrollees could pay hundreds of dollars more if they stick with their health plans.
www.wsj.com
1 million Uber drivers out of work was always the plan
UBER ANNOUNCED THAT IT WILL START PROVIDING DRIVERLESS RIDES IN SAN FRANCISCO IN THE COMING YEAR.
Reposted by Todd H. Baker
... he's now violating section 5(b) of the War Powers Resolution, too (or will do so any day now).

It's difficult to overstate the profound obliteration of the legal order here--and the acute threat to long-established norms for the use of force by all states.

And yet ... crickets.

[3]
Reposted by Todd H. Baker
Reposted by Todd H. Baker
Excuse me? So the company the President currently owns is teaming up with a cryptocurrency company to create a prediction market, which will take bets... on things the President himself has quite a lot of control over?

Gosh, I'm sure nothing bad will happen.

www.ft.com/content/4855...
Reposted by Todd H. Baker
“.. The vote serves as a symbolic rebuke of Trump's trade policies. House Speaker Mike Johnson (R-La.) will not hold a vote on the measure (nor would Trump sign it into law).”

@axios.com
www.axios.com/2025/10/28/t...
Reposted by Todd H. Baker
Perfect timing for this story to drop on the same day Amazon lays off 30,000 workers due to claims of AI efficiencies.

If companies have less work for people to do, they don’t give you Fridays off, they lay off people until everyone has a full workweek.
Zoom CEO Eric Yuan says AI will shorten our workweek | TechCrunch
Zoom CEO Eric Yuan says that, in a few years, we should be working a 3-4 day workweek because of AI.
techcrunch.com
Reposted by Todd H. Baker
May I present a former clerk to Justice Gorsuch.
Reposted by Todd H. Baker
Look folks, being an absentee landowner and toiling in the fields are the same thing.
Bessent on American farmers being hurt by tariffs: "Martha, in case you don't know it, I'm actually a soybean farmer, so I have felt this pain too."
Reposted by Todd H. Baker
You still want to believe the political fuel that powers the American collapse into authoritarianism isn't the deep, abiding resentment of white men who pine for an America that sees and services only them? Gaze upon Leni Riefenstahl's recent work for Donald Trump's U.S. Department of Labor.
I made an image of all the art posted by US DOL on X since approximately Labor Day
Reposted by Todd H. Baker
A TPM Reader told me to look at the Department of Labor page on Facebook for something called Project Firewall. It's basically their name for cracking down on highly skilled foreigners on H-1B visas. Here's the Dept's description here. www.dol.gov/newsroom/rel...
US Department of Labor launches Project Firewall to protect America’s highly skilled workforce
www.dol.gov
Reposted by Todd H. Baker
I made an image of all the art posted by US DOL on X since approximately Labor Day
Reposted by Todd H. Baker
Preliminary findings:

🚫TikTok & Meta failed to grant researchers adequate access to public data.

🚫Meta failed to provide simple ways to notify illegal content and to allow users to challenge moderation decisions.

This is a duty, not a choice.

link.europa.eu/JYQrBX
Reposted by Todd H. Baker
“law-breaking”
By proceeding with the demolition of the White House East Wing before seeking approval from federal agencies for a new ballroom, President Donald Trump forced the issue. It's a strategy known as "stake-driving."
How Trump Demolished the White House East Wing
By putting the demolition of the East Wing before the necessary approvals for his ballroom, President Donald Trump borrowed a tactic known as “stake-driving” to force an outcome.
bloom.bg
Reposted by Todd H. Baker
They don’t even pretend to care. This is the only story. You can’t open the government if the House refuses to show up.
Reposted by Todd H. Baker
One of Trump's billionaire buddies just bought Paramount. Now, he wants to buy Warner Bros.

That means one giant company could control almost everything you watch on TV.
Little man
Under 50 U.S.C. § 1701(a), it is an “unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States” that Canada is being mean to me on TV.
BREAKING: Trump says he's punishing Canada with 10% extra import tax for not pulling down an anti-tariff ad sooner.
Reposted by Todd H. Baker
I'd love to see reporters reach out to the people running the Reagan Foundation to see if there's a gas leak in the building or

www.reaganfoundation.org/about-us/exe...
Read the entire WSJ app headlines this morning if you are looking for reasons to despair. This is just one of many.

bsky.app/profile/wsj....
Reposted by Todd H. Baker
Jacobus is sadly mistaken if she thinks "this can easily be done," bc it ignores both the letter of Aileen Cannon's order on Volume II and grand jury secrecy rules.

Or rather, sure, Jack Smith could do it. And he'd go to prison.
I will be very disappointed if this doesn't happen.