Carl Hudson
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hudsocd.bsky.social
Carl Hudson
@hudsocd.bsky.social
Retired financial economist. Lover of cats, West African rhythms, and baseball. Admirer of fiber arts.
Reposted by Carl Hudson
People fatally shot by UK police in 2024/25: 2
People fatally shot by US law enforcement in 2025: 1280
January 8, 2026 at 11:03 AM
Another fantastic New Mexico sunrise.
October 23, 2025 at 7:11 PM
Today’s “wall-runner” sighting. Meep-meep!
August 11, 2025 at 7:51 PM
With all that is going on in the world, New Mexico sunsets soldier on. 🌞

Looking east towards the Sandia Mountains, which are reflecting the setting sun light. The Petroglyph National Monument is in the foreground. Between the Sandia Mountains and the Petroglyphs is the Rio Grande and Albuquerque.
August 6, 2025 at 12:33 PM
Reposted by Carl Hudson
Firing the BLS Commissioner — the wonk in charge of the statisticians who track economic reality — is an authoritarian four alarm fire.

It will also backfire: You can't bend economic reality, but you can break the trust of markets. And biased data yields worse policy.
August 1, 2025 at 8:54 PM
Reposted by Carl Hudson
The economy is so good that I'm firing the BLS Commissioner for reporting numbers so grim I refuse to believe them, and also demanding the Fed cut rates typically seen during a recession.
August 2, 2025 at 11:28 AM
Reposted by Carl Hudson
Folks who won't be fooled by politicized official economic statistics:
- The Fed
- The bond market
- The stock market
- Foreign investors

Folks who will be flying blind in the absence of reliable econ data:
- All of the above
- Small biz
- Big biz
- Voters
August 1, 2025 at 9:29 PM
During these turbulent times, it's good to recall history.

This video outlines the history of central banking in the USA and describes conditions leading to the creation of the Fed. The video addresses how the Fed is organized, what it does and doesn’t do, and why it is needed.
youtu.be/YOUgq8yyJaM
Understanding the Fed: What It Is, What It Does, and Why It Matters
YouTube video by Atlanta Fed
youtu.be
July 24, 2025 at 9:23 PM
Reposted by Carl Hudson
For at least half a century, the National Weather Service has been an around-the-clock operation. But due to DOGE cuts, that is no longer possible in some parts of the country.

America is infinitely less safe. Tens of millions of lives are being endangered by Trump and DOGE.

GIFT:
wapo.st/4k1Ha8B
May 17, 2025 at 3:37 AM
Reposted by Carl Hudson
The New York Times badly misleads readers on trade, contrary to what they tell you, the deficit was not $1.2 trillion and it was not a record open.substack.com/pub/deanbake...
Why Can’t the New York Times Get Basic Numbers on Trade Right?
Awful reporting on the Biden-Harris economy by the New York Times and other major media outlets played a big role in putting Donald Trump in the White House.
open.substack.com
April 10, 2025 at 3:20 AM
Reposted by Carl Hudson
Good to know, from Braves media notes:
April 8, 2025 at 9:57 PM
Reposted by Carl Hudson
a friend sent me this one
April 5, 2025 at 7:11 PM
Reposted by Carl Hudson
I have signed the following letter with 103 of my colleagues from UCLA Law. It is modeled closely on the Harvard Law letter. Solidarity with all other faculty willing to speak out for the rule of law.
Home
March 31, 2025 As members of the UCLA Law faculty, we are honored to teach and to study the principles of law and constitutional democracy. We are writing to you today in our individual capacities to ...
sites.google.com
April 1, 2025 at 4:23 PM
Reposted by Carl Hudson
March 23, 2025 at 3:23 AM
Reposted by Carl Hudson
The institutions of the American economy depend on the institutions of American democracy; rule of law, consistent regulation, stability, and all the rest.

That’s what’s being destroyed and that’s what risks the *entire economy.

Saying that out loud shouldn’t (and can’t) be a risk
The whole thing is important, but listen until the end: the US depends a lot on the flow of capital into the country because it is perceived as the safest port in a storm. Once that is no longer true, a lot of things Americans take for granted go away.
A top economics reporter goes off script on national TV: “I am going to say this at risk of my job, but what President Trump is doing is insane.”
March 12, 2025 at 3:45 AM
Reposted by Carl Hudson
An important statement from the American Bar Association. www.americanbar.org/news/abanews...
March 3, 2025 at 11:35 PM
Do folks have thought on the advice given below?

@marcelias.bsky.social
@lawrenceodonnell.msnbc.com
@muellershewrote.bsky.social
@5calls.org

FOR THOSE OF YOU LOOKING TO TURN YOUR ANGER INTO ACTION, here's some advice from a high-level staffer for a Senator. Re-posting from a friend of mine:
1/19
February 3, 2025 at 11:02 PM
Yesterday at dusk we heard coyotes calling so we went to the edge of our back yard to see what was happening.
November 27, 2024 at 8:09 PM
November 18, 2024 at 6:15 PM
Me: “Good morning!”

Cats: “whachalookinat!?!??”

#cats
November 17, 2024 at 8:57 PM