absunitcapital.bsky.social
@absunitcapital.bsky.social
Still the best 9/11 song I’ve ever heard. I get tears in my eyes everytime I listen to it.

youtu.be/6J7-Zvn_ECQ?...
Land Of The Living
YouTube video by Lucy Kaplansky - Topic
youtu.be
January 17, 2025 at 1:14 AM
Reposted
President Biden claiming Japan's investment in an American steel company is a threat to national security is a pathetic and craven cave to special interests that will make America less prosperous and safe. I'm sorry to see him betraying our allies while abusing the law.
January 3, 2025 at 3:21 PM
Reposted
How it started how it’s going
December 29, 2024 at 8:40 PM
Reposted
The world's richest man managed to take $190 million away from a *child cancer research center* with his posts yesterday. Funding now stripped in the new bill.
December 19, 2024 at 10:22 PM
how you guys doing?
December 18, 2024 at 8:59 PM
Reposted
7/9
So is the world worse off with trade intervention? Yes, of course it is, but trade intervention starts with the policies of economies with large, persistent trade surpluses. It doesn't start with the subsequent responses of the deficit economies.
December 13, 2024 at 9:46 AM
Reposted
3/3
Because most households face budget constraints, the unsubsidized portion of these purchases will require reducing consumption spending elsewhere. At best this will boost total consumption by 0.1 percentage points of GDP, which is not enough to make much of a difference.
December 8, 2024 at 9:48 AM
ASU Coach - “and I’d like to thank Texas for moving to the SEC”
December 7, 2024 at 8:41 PM
Reposted
This doctor’s letter to United Heathcare for denying nausea medication to a child on chemotherapy.
December 5, 2024 at 6:22 PM
Reposted
7/9
This is only possible as activity shifts from the private sector, where hard budget constraints limit economically unproductive activity, to the public sector and sectors supported by local governments, where there is no such constraint.
December 6, 2024 at 4:19 AM
Reposted
Musk and Ramaswamy have already identified $516B dollars in government savings — it includes cutting all of Veteran’s Affairs health care, eliminating the NIH, and ending funding for federal prisons. @morningjoe-msnbc.bsky.social
December 5, 2024 at 2:24 PM
Reposted
What’s craziest to me is how some of these issues (raw milk, cooking from scratch, homesteading, anti vax, many more) have gone from being granola-left-coded to regressive-right-coded in like 5 years.
December 4, 2024 at 10:25 PM
Reposted
A howler monkey woke me up one night and so I chucked an overripe mango in its general direction.

I didn't mean to hit it, but I did. It yelped, shut up for exactly as long as it took to eat the mango.

Then it howled louder and more artistically, because I had taught it that howling brings mango.
definitely among the most unusual things I have been woken up by: Night Yaks
lol this reminds me of the time I slept in a yurt in a Tibetan region in China and was awoken in the middle of the night because a yak strolled in (apparently they keep salt licks in the yurt for the yak’s disposal, our hostess was super amused by how surprised we all were)
December 4, 2024 at 12:19 AM
Reposted
According to Korean constitutional law, if martial law is declared in a state of non-war, the National Assembly can vote to make the president stand it down. The National Assembly is gathering now.

We are just now getting footage of inside the National Assembly.
December 3, 2024 at 3:35 PM
Reposted
I don't love it either, but I'm not sure how you tell a man that he should let his only surviving son rot in prison to respect norms, institutions, and the rule of law, when the country you devoted your life to serving just pretty comprehensively voted they don't give a shit about any of that.
December 2, 2024 at 8:18 AM
Would I pardon my son in the same situation? Abso-fucking-lutely
December 2, 2024 at 1:07 AM
Reposted
IT’S THE DOLLAR, STUPID.

🧵

I’m no substitute for Paul Krugman’s expertise, but I do have one horrible attribute in common him - an advanced degree in economics.

I could mansplain why these fantastical notions of Trump tariffs literally ARE NOT tariffs. I did that on X for a year. It did no good.
December 1, 2024 at 4:03 PM
Reposted
1/6
NYT's @KeithBradsher writes: "Beijing has a powerful tool for responding to Donald Trump’s threatened new tariffs on Chinese goods: It could start a currency war, a step that poses formidable risks for China as well as the United States."
www.nytimes.com/2024/11/26/b...
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
www.nytimes.com
November 26, 2024 at 3:33 PM
Reposted
The world’s richest man unleashed a wave of online harassment at a US government employee who works to make agriculture more climate-resilient for the sole reason that she had the word “diversification” in her job title, which he assumed meant “diversity”.
New, from me: Elon Musk, a man who runs an imaginary government department, accused a real government employee of having a fake job.
He is wrong about this, and other claims about what he can do to eliminate regulations and cut spending. 🧵
donmoynihan.substack.com/p/fake-jobs-...
Fake Jobs and Fake Facts
By Misrepresenting Constitutional Law, Muskawamy Prove Brandolini's Law
donmoynihan.substack.com
November 26, 2024 at 12:41 PM
Reposted
A U.S. bitcoin strategic reserve is at best a way to use taxpayer money to prop up the price of bitcoin and at worst, a bet against the American dollar.

Either way, it’s a terrible idea for the government to fund but great if you’re a bitcoin HODLer.
The delusions behind a bitcoin strategic reserve
It is a resilience strategy for the ‘hodlers’, not the US state
www.ft.com
November 25, 2024 at 6:10 AM
Reposted
The usual suspects are out there yelling "There are 23 million government workers! Fire most of them!" No awareness that most work for local governments, and most of *them* are schoolteachers. Federal employment hasn't grown since the 1950s
November 23, 2024 at 2:06 PM
Reposted
And all of this will be a drag on the economy. Recent research looks at the effects of populism on growth, where "we define a leader as populist if he or she places the alleged struggle of the people (‘us’) against the elites (‘them’) at the centre of their political campaign and governing style" 7/
November 23, 2024 at 1:40 PM
Reposted
Good to see the Times picking up on a theme some of us have been hammering for a while: Trump's tariffs, and especially an opaque exemption process, will be an engine of massive crony capitalism 1/ www.nytimes.com/2024/11/23/u...
Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
www.nytimes.com
November 23, 2024 at 1:21 PM
Reposted
That man had a family @weisenthal.bsky.social
November 22, 2024 at 8:01 PM
Reposted
Reading 2025 outlooks. One thing I have noticed - everything Trump says he will do, the consensus regards as a "risk" to a baseline that otherwise assumes he wont do those things.......
November 22, 2024 at 11:25 AM