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joshuavkidd.bsky.social
currently clean on OPSEC
516 posts 128 followers 110 following
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15 years ago the Supreme Court decided corporations are people under the First Amendment. Today, billionaire political spending is up 160-fold since that ruling. Citizens United is among the worst decisions in history. It corrupts our system every day.

One area of weakness in the inflation report was airfares & hotels...this helps explain that--we have made everyone mad it seems (trade surplus is going to definitely take a hit)

One final (for today) Steve Rattner chart: The Senate budget is incredibly vague (on purpose), so the House plan shows what the GOP might be aiming for — Medicaid cuts to pay for tax cuts that mostly serve the rich. #EconSky

There's a lot of ink spilled on how Democrats should win back low-info voters (particularly young men) with rightward shifts when "stop being weak and pathetic" is the better tack. The reason AOC gets respect from low-info voters is that she doesn't let people walk all over her the way Schumer does.

President Trump's nominee to head NASA, Jared Isaacman, really really really really really did not want to admit that Elon Musk was in his meeting with Trump, when Isaacman was offered the NASA post. This ranks up there as some of the worst testimony that I have ever seen on Capitol Hill.

Alright, I think people knew of the tariff pause and traded it beforehand. You can see before Trump posted "buy" on Truth Social, traders opened $QQQ $TQQQ and $SPY calls RIGHT BEFORE THE NEWS, someone opened $SPY 509 calls, expiring TODAY!!!!!!!!!!!!!!!!!!!! Those calls are up 2100% in one hour.

unless you are in the 1% category, the collapse of the IRS is bad news for you.

SpaceX just landed a $5.92B contract with the Pentagon for Space Force rocket launches — the largest contract among the three firms who secured deals to send satellites into orbit. While DOGE cuts essential services for you, Musk is getting a taxpayer-funded windfall. Hello?