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

Been warning about Trump’s very obvious handout to the crypto world for a while. The “strategic” reserve is designed for one purpose: to inflate the price of Bitcoin and allow large Bitcoin “whales” to liquidate their holdings without tanking the value. therevolvingdoorproject.org/cross-of-blo...

submitted 1 day ago • 0 comments

This a promise to use taxpayer dollars for a pump and dump scheme. Nothing else

submitted 1 day ago • 0 comments

Basically a PSA to the American people that when Elon crashes the economy, we’re getting a Herbert Hoover redux

submitted 2 days ago • 0 comments

In this clip, Vance complains about Ukraine (a country currently being invaded) implementing conscription. Less than three months ago, Vance was open to the idea of instituting mandatory national service in the US. This is also known as “conscription”

submitted 3 days ago • 0 comments

I find it very interesting that Elon Musk's DOGE doesn't have a single Black staffer, yet the South African billionaire has managed to find some even more people with ties to apartheid South Africa (to go along with David Sacks, and Peter Thiel)

submitted 4 days ago • 0 comments

Jeff Bezos Abundance arc?

submitted 4 days ago • 0 comments

Chip Roy (R-TX) made himself into a nuisance during the 116th Congress by CONSTANTLY calling for a motion to adjourn. This requires everyone to drop what they are doing, head to the House floor and vote. Why there isn't a Democrat who has done something similar is beyond me.

submitted 5 days ago • 1 comment

I'm getting tired of people taking Noah Smith seriously when as recently as November he was tweeting this. The most generous defense is that he's extremely gullible, not exactly a ringing endorsement of a "thought leader"

submitted 5 days ago • 0 comments

I spent too much time reading about Elon Musk and his companies flaunting the law so you don’t have to. Read it here, and send any tips for stuff I missed my way

submitted 17 days ago • 0 comments

I may suck at fantasy football but I can guarantee you this draft roundup is worth your time

submitted 20 days ago • 0 comments

Really says it all about the so-called good guy billionaires: “These donors are also pissed, watching former and current colleagues have unlimited, unchecked power, and getting richer off of this and they’re not”

submitted 24 days ago • 0 comments

“Government efficiency” group claims to have destroyed effective and efficient government system to reward wealthy tax filing corporations like Intuit

submitted 28 days ago • 0 comments

There are no ethics requirements or disclosures for the children Elon Musk has illegally running the government. Luckily, they’re not just beholden to Musk. It appears others have taken massive amounts of money from Sam Altman too! Corruption is back and better than ever

submitted 28 days ago • 0 comments

The way Elon Musk, the nation’s largest magnate, is able to control the country’s executive to enrich himself, hold independent power over huge swathes of the nation’s economy all while being beholden to one or more foreign adversaries is extremely feudal

submitted 32 days ago • 1 comment

RealPage didn’t just drive up prices, they helped to slow rent decreases. If you want to celebrate the declining rents of Austin (which is completely fair) you should be upset that RealPage likely resulted in those rents dropping less than they should.

submitted 53 days ago • 1 comment

Sinema had missed Senate votes all week but made an effort to show up today to vote against Biden’s NLRB nominee that would’ve secured a Dem majority on the board until 2026. I hope potential clients realize someone as unpopular as her will make for a bad lobbyist

submitted 82 days ago • 0 comments

Kinda bummed to hear about this. Newsom’s ex-wife dating Donald Trump Jr. was such a funny concept heading into an inevitable Newsom presidential run

submitted 83 days ago • 0 comments

Really curious why banks would be weary of crypto deposits (ignoring the rampant money laundering and fraud in the industry)

submitted 83 days ago • 0 comments

Feel like I’m the only one who doesn’t think Trump’s “Canada should be a state” is a bit. I thought everyone had learned by now that while what he says can be very funny, he is almost never intentionally making a joke. He’s dead serious and he’ll do really stupid things in pursuit of the dumb goal

submitted 83 days ago • 0 comments

Steven Rattner, a guy who had to pay $6.2 million in penalties because the SEC uncovered his a pay-to-play scheme is praising cuts to the SEC

submitted 88 days ago • 1 comment

It’s really funny to imagine a confirmation contingent on him passing random breathalyzer tests like he’s on probation for a DUI

submitted 89 days ago • 0 comments

It's cool how we all agree it would be incredibly embarrassing to use your mom as a reference on a job application but Republicans seem to believe there's an exception for cabinet secretaries

submitted 89 days ago • 0 comments

It’s fun how Le Pen gets sole credit here (presumably because she’s the only non-Macron French politician the WaPo expects Americans to know) when they voted on the left’s motion of no confidence and the left was a larger voting block than the RN

submitted 89 days ago • 0 comments

Extremely revealing of the power of the revolving door; Crypto CEO threatens to punish law firms that hire former Biden financial regulators. This is not only a punishment but a threat to anyone who dares to regulate in the best interest of the public and not that of oligarchs

submitted 90 days ago • 5 comments

This is not a new sentiment by MattY. His fundamental belief is that Big Tech is never wrong, it is they who are failed. The New York Times covering Silicon Valley without a reverent awe of the progress they promise? That was bad, unfair. Not being deferential is to fail them

submitted 94 days ago • 0 comments

Dem staffers on Pod Save talked about illegal coordination between PACs and Republican candidates, a result of weak election laws. But nobody mentioned the Trump’s flouting of the Logan Act (a Republican tradition at this point) which was based on Merrick Garland’s spinelessness

submitted 95 days ago • 1 comment

Popularists in shambles after finding out what is actually popular

submitted 96 days ago • 0 comments

Abundance people are defending themselves by highlighting their broadly popular policies. But they are using these policies as a way to get their foot in the door, to help pass their less popular deregulatory agenda. It’s the same strategy SBF used with pandemic prevention

submitted 96 days ago • 1 comment

In the past few months, the CEO of Chamber of Progress, Adam Kovacevich has been attempting to push the Democratic Party in the direction he believes in. That is, the direction his big tech donors have paid him to take therevolvingdoorproject.org/ignore-kovac...

submitted 101 days ago • 1 comment

Huh, I guess the Republicans weren't really being honest about their anger that Hunter Biden, a drug addict, was so close to the president

submitted 109 days ago • 0 comments

Guy who outperformed Harris by 5 points giving his recommendation for the future of the party vs guy who literally ran uncontested and didn’t campaign at all

submitted 109 days ago • 0 comments

Does this mean we get to learn more about what happened with Nestor?

submitted 110 days ago • 0 comments

Age of consent laws were cool while they lasted

submitted 110 days ago • 0 comments

I feel like even Matt Yglesias should be embarrassed that the guy who insists Democrats lost because they were "insisting that people use the term Latinx" has endorsed his ideas. What campaign was Zakaria watching? Because it sure as hell wasn't the Harris 2024 campaign

submitted 110 days ago • 0 comments

Musk could probably get Trump to nominate him to an actual position where he could personally profit but he’s too stupid (and scared of a Senate confirmation hearing) for that, so he’s pivoted to what he knows best: internet cringe and scams

submitted 111 days ago • 0 comments

Americans pride themselves on the idea that the USA is a meritocracy. But in recent years the public has become disillusioned with this idea. That’s why the next Dem candidate should run an explicitly anti-Bronny James campaign. Nepotism should not infect sacred of American institutions (sports)

submitted 111 days ago • 0 comments

Also how does anyone who brags about writing in the NYT business section think the CIA has a department that works on FTC cases? Does Lina Khan do corporate coups now? Is Khan sending the poison cigars meant for Fidel to Elon Musk? (This would explain why the WSJ is absolutely terrified of her)

submitted 382 days ago • 0 comments

This could literally only happen to someone who writes in the business section of major newspapers. Of course the same morons who fell for the crypto scam in their professional work would fall victim to actual scams in real life www.thecut.com/article/amaz...

submitted 382 days ago • 0 comments

Absolutely devastated to learn that Larry Summers has resigned his position at fintech firm Block Inc. (entirely due to the fact that this headshot will no longer be publicly displayed online)

submitted 383 days ago • 0 comments

A few months ago I wrote about how Larry Summers always couches his vibe-based predictions with the odds of 1 in 3 chances. Since then, his MO has completely shifted. Maybe he’s finally realized someone caught on www.ft.com/content/59ff...

submitted 444 days ago • 0 comments

NEW: CFTC Chair Rostin Behnam, Wall Street’s favorite financial regulator, is rumored to be eyeing jobs outside of government. Where is he most likely to cash out? Our @henryburke.bsky.social and @kennystancil.bsky.social drew up an odds book! prospect.org/power/2023-1...

submitted 452 days ago • 1 comment

Fantasy football season is almost over. That’s why the hottest trend this winter is gambling on how public servants are going to sell out. Read my cheat sheet here:

submitted 452 days ago • 0 comments