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friarfreewayflier.bsky.social
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Everyone wants there to be a grand scheme behind all of this but the terrible truth is that extremely stupid people are in charge and they have a fanatical devotion to wrong, childlike concepts of society and economics cooked up by right wing radio hosts in order to sell tainted dietary supplements

RIP the Byzantine Empire you would have loved enterprise oriented SaaS solutions.

It's 1828. The United States has adopted the highest tariff rate of the century for insane and idiotic reasons. It's 1929. The United States has adopted the highest tariff rate of the century for insane and idiotic reasons. It's 2025. The United States has adopted the highest tariff rate of the ce

Trump just instituted the most crushing tariffs in modern history, higher than the Smoot Hawley tariffs that devastated the economy, highest in the world by a huge margin. Every newspaper: “Trump enacts new tariffs, some prices may go up”

BESSENT: NOW, NOW, YOU WOULDN’T HIT A GUY WITH GLASSES

i spoke to henry ford before i came out here - big guy, tremendous cars - and he said “sir, the austro-hungarian empire is cheating us very strongly,” and it’s really so true

There's no question that today's tariff announcement will give the United States the highest tariff rates of any industrialized country. And it's not even close.

Good day to remember that a US President has no inherent power over tariffs whatsoever. It’s not like war powers or pardons. It’s entirely delegated by Congress to deal with emergencies. GOP Congress cld modify that law tonight and bring this to a screeching halt.

real "smoke 'em if you got 'em" hours on U.S. social media right now

I'm 18. The economy enters a once-in-a-century recession. A Republican president is responsible. I'm 29. There is once-in-a-century pandemic that leads to a once-in-century-recession. A Republican is responsible. I'm 35. Tarriffs trigger a once-in-a-century recession. A Republican is responsible.

Have a feeling that I-Banker who proudly voted for Trump so that certain slurs would be ok again might be regretting that particular change in norms right about now

other countries need to start studying the costs of economic sanctions against the United States and its top government officials

i hate that we've become this country

The performative cruelty is the point, because they absolutely cannot do this at any scale. We're being ruled by a group of hucksters who only know how to huck. That's all Trump and Musk have ever been good at. They're trying to cargo cult authoritarianism built entirely out of PR stunts.

El Salvador is a signatory to the Rome Statute; some Democratic Senators should send a letter to the ICC Prosecutor asking them to investigate Bukele for human trafficking.

Michael Cembalest is the Chairman of Market and Investment Strategy for J.P. Morgan Asset Management. This is how he opened his latest note to investors...

really excited to find out what the NO TREATS ONLY STOVE approach to government yields

we are setting up the conditions for shit falling apart. shit has not yet fallen apart. i would say things start failing in early march, shit is fully fucked up by the second week in april. the summer will be a complete train wreck. looking forward to it

I love leaving voice mails for my senators where I say things like "the USPS is very important to our country" as if I'm helping a small child with a book report or describing our civilization to an alien

i think "an effective altruist is personally denying twenty million people their HIV medications despite a court order telling him to send the money" is a pretty good summary of effective altruism as a real world philosophy

I hope America is as lucky as the delta jet - everyone survives but the right wing explodes

What will happen: Musk will use control of the federal payments system to deny money to blue states, creating budget crises and austerity in them. They will then say the problems caused by this represent the failure of profligate Democrats and the media will parrot these lies.