Michael Procter
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michaelhp.bsky.social
Michael Procter
@michaelhp.bsky.social
Refugee from a red state
Reposted by Michael Procter
Biden did that!
There is a $2,000 cap on prescription drugs for seniors that will go into effect in 2025.

To be clear, Trump didn’t do that!
December 1, 2024 at 6:15 PM
Reposted by Michael Procter
The other exploding area of dark money in politics is the crypto lobby.

They have dumped insane sums in elections in both parties (Dem primaries + GOP general elections).

It’s pretty bad
It's called cryptocurrency, but new FDIC data shows that most Americans don't use it as currency—they mainly hold on to it for price gains, not for transfers or purchases.

www.fdic.gov/household-su...
November 24, 2024 at 1:51 AM
Reposted by Michael Procter
The concentration of wealth in the hands of an elite few isn't just bad for our economy. It's corrosive to our democracy.

When the wealthy and well-connected control our political system, the American people don't have a voice.

The result is demagoguery and corruption.
November 23, 2024 at 6:20 AM
Reposted by Michael Procter
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