bpmschmidt.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

One further thought after today’s Substack post: on tariffs, Trump has been more extreme than his campaign, despite urgent warnings from business. Any reason to believe he won’t go all-in on mass deportations? paulkrugman.substack.com/p/america-is...

submitted 1 day ago • 56 comments

🌪️ 🌧️ ☀️ ⛈️ 🌀

submitted 1 day ago • 364 comments

Yep. This.

submitted 2 days ago • 33 comments

Whine Kampf. #StateOfTheUnion

submitted 2 days ago • 105 comments

I have not yet detected a single honest or accurate statement by Trump This is as hateful a speech as has ever been given on the floor of the House of Representatives by a president of the United States

submitted 2 days ago • 43 comments

Good trouble. Each of you do it one by one. With each lie.

submitted 2 days ago • 0 comments

At this point we have to assume the democrats are actively complicit, because no one, no matter how stupid and pathetic, thinks that wearing pink is a meaningful protest against fascism

submitted 2 days ago • 3 comments

You can’t overstate the historic importance of today’s speech to both American and Canadian citizens by Canada’s Prime Minister. Please watch it and share it wherever you live, but especially if you’re in the United States. You need to know what Trump is doing, and why. youtu.be/wz_42pckM7w

submitted 2 days ago • 39 comments

JPM DESK: “.. tariffs of these magnitude will drive both Canada and Mexico into a recession. Look for US GDP growth expectations to crater and for earnings revisions to be materially lower, forcing a re-think of year-end forecasts. .. we are changing our view to Tactically Bearish.” $SPX

submitted 2 days ago • 30 comments

Hulu ending the Oscars stream before even it’s over. Wtf.

submitted 4 days ago • 57 comments

TASS is an acronym for Telegraph Agency of the Soviet Union (Телеграфное агентство Советского Союза). During the Soviet era, it was operated by the KGB. It is run by the FSB. A Russian spy managed to get into the Oval Office meeting between President Trump and President Zelensky.

submitted 6 days ago • 24 comments

Dear Volodymyr Zelenskyy, dear Ukrainian friends, you are not alone.

submitted 6 days ago • 462 comments

Pity I can’t cancel my subscription a second time.

submitted 8 days ago • 18 comments

For a bunch of different reasons, I think I need to hire someone to doom-scroll for me.

submitted 12 days ago • 613 comments

I've said often, based on history, that there's no reasonable expectation most people will be courageous in the face of fascism. Bravery is rare. It's valued for a reason: Most people aren't cut out for it, for reasons good and bad. But man, you'd still sorta hope the ABA woulda held the line.

submitted 13 days ago • 19 comments

Not the biggest outrage of the last 3 weeks, or even last 3 days. But on what planet is it "efficient" or in taxpayer interest to shut down already installed EV chargers? The Trump Admin continues to cede leadership to China and harm US industry and consumers. www.theverge.com/news/617235/...

submitted 13 days ago • 0 comments

A new report from the Brattle Group shows that eliminating IRA's clean-energy tax credits would increase generation costs, eliminate jobs, & slow US economic growth. Importantly, this report was commissioned by ConservAmerica, a conservative group. conservamerica.org/wp-content/u...

submitted 14 days ago • 4 comments

Hilarious if not tragic thought.

submitted 14 days ago • 0 comments

Thank you to @motherjones.com for republishing my piece on @tnorris.bsky.social’s big data center study! www.motherjones.com/politics/202...

submitted 21 days ago • 2 comments

So far, the president’s freeze on climate and infrastructure law spending has been covered as a constitutional issue. But Trump is also about to start breaching hundreds of federal contracts — and that could soon open a new front in the legal war. I wrote about it: heatmap.news/politics/tru...

submitted 22 days ago • 9 comments

NEW VIDEO: Are we in a constitutional crisis? Not yet — but we're on the precipice of one, @marcelias.bsky.social says. Watch the full video now: youtu.be/untZXAal3oU

submitted 22 days ago • 415 comments

Okay what is going on here. Are the accounts at a private banking entity? Does the federal government have direct debit permission set up? So many questions as to how Treasury instructed this payment. (Via NY Post’s Craig McCarthy)

submitted 22 days ago • 368 comments

She’s just like me fr

submitted 23 days ago • 4 comments

The amount of dissociation required to sit at my computer and do my job while our entire system of government implodes is feeling increasingly untenable

submitted 23 days ago • 9 comments

NEW from me: Russ Vought was on the verge of breaking the mortgage market by shutting down a core function provided by CFPB. But he blinked, and in so doing revealed that regulation is actually pretty important. prospect.org/economy/2025...

submitted 23 days ago • 50 comments

In a blistering statement, the American Bar Association describes "attacks on constitutionally protected birthright citizenship, the dismantling of USAID and the attempts to criminalize" diversity initiatives as "wide-scale affronts to the rule of law itself." https://buff.ly/4bb7dqp

submitted 24 days ago • 90 comments

This moment continues to feel like February 2020 for fascism: smart people who pay attention are freaking out, your average sea cucumber-like American is either totally unaware or blithely assuming everything will Be Fine.

submitted 25 days ago • 112 comments

Two lawyers, one Yale educated, one Harvard educated; one the VP, one a senator, suggesting that decisions made by courts aren’t legitimate if they don’t like the outcome. This is dangerous territory.

submitted 25 days ago • 1231 comments

Casts doubt on Powell’s recent claim that the Fed withdrew from the Network for Greening the Financial System because the NGFS’ mission has changed. One institution seems to have changed, but I don’t think it’s NGFS. www.bloomberg.com/news/article...

submitted 28 days ago • 0 comments

And just like that, the Consumer Financial Protection Bureau homepage, consumerfinance.gov, is being erased. As of January 30, 2025, CFPB enforcement actions resulted in $19.7 billion in consumer relief.

submitted 27 days ago • 52 comments

www.washingtonpost.com/climate-envi...

submitted 29 days ago • 0 comments

The U.S. #NationalWeatherService, housed within #NOAA, is a truly world-class meteorological predictive service, perhaps singularly so. It costs only ~$3/yr per taxpayer, & yields ~10:1 return on investment--saving economy 10s-100s of billions, not to mention thousands of lives.

submitted 29 days ago • 62 comments

I'm...glad it got voted down I guess

submitted 29 days ago • 10 comments

New and important: we built a federal expenditure tracker. All expenditure line items that are available on the Daily Treasury Statement. USAID was zeroed out on 1/28 and has been at zero ever since. www.hamiltonproject.org/data/trackin... #EconSky

submitted 31 days ago • 39 comments

EMERGENCY PIECE: Elon Musk Wants to Get Operational Control of the Treasury’s Payment System. This Could Not Possibly Be More Dangerous. Worse, exclusive new information revealed here explicate how Musk’s actions relate to Treasury Secretary Scott Bessent (Link at the end)

submitted 31 days ago • 63 comments

The crypto crowd has entered the debanking chat. This whole debate is a chimera with multiple interests leaning on each others' rhetoric to advance their own ends. The line in the sand here is that crypto is still high risk! via @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

submitted 36 days ago • 1 comment