The euro stands to benefit substantially from the near-panicked flight from the US dollar, but we're not quite there yet.
07.10.2025 17:27 β π 5 π 2 π¬ 0 π 0@robertscotthorton.bsky.social
Contributing editor, Harper's Magazine; Lecturer, Columbia Law School; Attorney
The euro stands to benefit substantially from the near-panicked flight from the US dollar, but we're not quite there yet.
07.10.2025 17:27 β π 5 π 2 π¬ 0 π 0Philip Bump: A Democratic legislator raised a good point in a CNN interview today: if you want to combat gun violence in Chicago, why not look at where the guns are coming from? www.pbump.net/o/the-red-st...
07.10.2025 17:25 β π 17 π 9 π¬ 1 π 0Attorney General Barr personally took custody of these materials, and he has repeatedly lied about that fact. But this is how Bondi deflects: by emotional and vituperative attacks on the questioner.
07.10.2025 17:21 β π 13 π 6 π¬ 2 π 0One of several clashes that demonstrate how Bondi handles hostile questioning... and it's never by actually answering the questions, but it usually involves shrieking at some point. This is a simple, easy to answer questions he knew was coming.
07.10.2025 17:20 β π 11 π 4 π¬ 1 π 3This is right.
07.10.2025 17:18 β π 12 π 4 π¬ 1 π 0Schmitt's right of course that it's not a "both sides thing," because it's about 74% from the fringe right, particularly violent white supremacist groups with which he has repeatedly associated himself.
07.10.2025 17:17 β π 19 π 4 π¬ 1 π 0Pakistan learns from its Gulf allies that for the right sums paid in hand (in undetectable Bitcoin, of course) you can secure whatever you like from the Trump administration. Including a new super port. www.ft.com/content/9f7c...
07.10.2025 17:16 β π 11 π 5 π¬ 0 π 0Adam Tooze: Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic.
07.10.2025 17:14 β π 3 π 0 π¬ 0 π 0France is running an elevated budget deficit at above 5 per cent of GDP, and has a national debt nearing 114% of GDP. These are both high by historical standards, especially for a βcoreβ Eurozone country. The impact of SΓ©bastien Lecornuβs resignation on the government bond market was immediate.
07.10.2025 17:12 β π 2 π 0 π¬ 0 π 0Martin Wolf: Will Donald Trumpβs protectionist trade policies deliver the objectives his voters hope? The answer is: no. The answer is as simple as it is obvious. www.ft.com/content/a742...
07.10.2025 17:09 β π 13 π 8 π¬ 0 π 0The Upper West Side without Saul Zabar is unimaginable. I still remember some forty years ago getting a patient lecture from him about the difference between Scottish oak-smoked salmon and his favorite Nova. These days living out west, I patiently await periodic Zabar's care deliveries.
07.10.2025 17:07 β π 10 π 3 π¬ 0 π 0The Opus Dei court is all-in for conversion therapy, something historically closely connected with Opus Dei. What a shock. Obviously their "religious views" will trump Colorado's law banning gay conversion therapy. www.washingtonpost.com/politics/202...
07.10.2025 17:04 β π 13 π 4 π¬ 2 π 2The wealthiest 30% of the worldβs population generates more than 70% of food-related environmental damage, it found. Furthermore, 2.8 billion people cannot afford a healthy diet and 1 billion are undernourished, despite enough food being produced globally.
07.10.2025 16:59 β π 12 π 6 π¬ 0 π 1NYT publishes an op-ed saying that the US military was at its prime back before it was desegregated by Harry S Truman and started being filled with Blacks and other minorities.
07.10.2025 13:23 β π 18 π 12 π¬ 3 π 3In May, a Texas police department said they used the powerful Flock surveillance network against a woman who had an abortion "for her safety". Newly obtained court records show it was a 'death investigation,' and they considered charging her with a crime. www.404media.co/police-said-...
07.10.2025 13:19 β π 10 π 8 π¬ 0 π 1Trump is preparing to invade Venezuela. But US media is afraid to talk about it. He has put three US destroyers, an amphibious assault ship, a guided-missile cruiser, a nuclear-powered attack submarine and a squadron of F35s under Venezuelaβs nose. That includes 6,500 uniformed personnel.
07.10.2025 13:16 β π 16 π 14 π¬ 0 π 0The OLC opinion, likely the work product of a former clerk of Samuel Alito, is understandably secret since it will erupt in flames if exposed to daylight.
07.10.2025 13:09 β π 12 π 2 π¬ 0 π 0The NYC Bar, which has a long record of eviscerating outlandish opinions issued by DOJ's Office of Legal Counsel, has issued this statement on the legality of Trump's lethal attacks on fishing boats in the Caribbean, saying they are illegal.
07.10.2025 13:08 β π 22 π 6 π¬ 3 π 0Jan-Werner MΓΌller: Precisely because they have been losing court cases over free speech and visas for foreign students, Trumpists now seek to entrap universities in a deal that effectively removes the protections of federal law and gives the administration arbitrary power over them.
07.10.2025 13:03 β π 26 π 15 π¬ 2 π 0What are "heritage Americans"? Apparently they are people who support Trump regardless of background. But having an ancestor who fought in an insurrection against the United States appears to be a distinct bonus. If you ancestors have been here 15,000 years, you are definitely not one.
07.10.2025 13:00 β π 8 π 4 π¬ 1 π 0The NYC Bar opinion puts it clearly: these attacks are extrajudicial executions and they are unlawful under US and international law.
07.10.2025 12:55 β π 16 π 3 π¬ 0 π 0Jen Rubin: We face an open open question as to whether the president, anywhere, anytime he pleases, can execute or round up people he says are terroristsβwithout due process. That we are even entertaining such a discussion tells you how far Trump has damaged democracy.
07.10.2025 12:54 β π 22 π 8 π¬ 1 π 0Marine heatwaves and the carbon cycle. A new study shows that marine heatwaves can disrupt food webs and carbon transport in the NE Pacific. www.nature.com/articles/s41...
07.10.2025 12:50 β π 4 π 1 π¬ 0 π 0Are polls overstating support for political violence? bsky.app/profile/gell...
07.10.2025 12:48 β π 19 π 4 π¬ 0 π 0