Visa and MC should not use their dominance in the global payments processing sector to engage in financial censorship and dictate what digital storefronts can sell and what consumers can buy. This impacts the liberties of people around the globe. No one wants MC telling them what they canโt buy.
30.07.2025 01:52 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0
Infographic titled โOne Court, Two Standardsโ compares how the Supreme Court used emergency powers to rule on lower-court injunctions against the Biden and Trump administrations. Two panels show:
โข Biden Administration: Lower courts blocked policies in 21 cases. All 21 cases are represented by red squares, indicating that 0% of injunctions/TROs were lifted by SCOTUS.
โข Trump Administration: Lower courts blocked policies in 86 cases. 66 green squares and 20 red squares show that 77% of injunctions/TROs were lifted by SCOTUS.
Key takeaway box below reads:
โUsing its โshadow docket,โ the Supreme Court granted emergency relief to lift 77% of lower-court injunctions against the Trump administration. It lifted 0% of those against the Biden administration.โ
Sources and notes below include: CourtListener data through July 7, 2025; analysis by Adam Bonica.
The Supreme Courtโs โshadow docketโ has cast very different shadows depending on which party holds the White House.
When lower courts blocked Trump admin policies, SCOTUS intervened on an emergency basis to lift those orders in 77% of cases.
For the Biden administration, that number was 0%.
09.07.2025 18:13 โ ๐ 5152 ๐ 2408 ๐ฌ 114 ๐ 289
Three-quarters of US universities surveyed in recent weeks anticipate a fall in international student numbers this year, with the majority expecting a drop of at least 10%. https://on.ft.com/4lHIaiz
09.07.2025 07:00 โ ๐ 85 ๐ 30 ๐ฌ 5 ๐ 13
Moving the Population in Gaza is a Manifest War Crime
We wrote this essay to fulfill our human, conscientious, and civic duty, as Israelis โ and as Zionists โ who have expertise in areas related to the IDFโs order.
1/ A remarkable essay by two eminent Israeli scholars
"We wrote this essay to give [former IDF chief of staff's] words legal backing... We felt compelled to fulfill our human, conscientious, and civic duty, as Israelis โ and as Zionists โ who have expertise in areas related to the IDFโs ... order."
08.07.2025 14:05 โ ๐ 496 ๐ 234 ๐ฌ 10 ๐ 11
7 little-known items in Trumpโs big agenda bill | CNN Politics
Lawmakers tucked a long list of measures that wonโt grab headlines into the massive tax and spending package.
It's not just the elimination of the EV tax credit that irks Elon. Commercial space flight companies, so SpaceX, will have to pay fees for their launches and reentries, a measure intended to help the FAAโs Office of Commercial Space Transportation keep up with the industryโs rapid growth.
07.07.2025 13:30 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0
How the GOP spending bill will fund immigration enforcement
The bill allocates more than $100 billion to ICE and border enforcement through September 2029.
Immigration is seeing a mass increase in spending. The BBB allocates more than $100 billion to ICE and border enforcement through 2029. For context, ICE's existing annual budget is about $8 billion. The budget prioritizes building walls and camps over feeding and providing medical care to people.
04.07.2025 20:00 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
President Donald Trump wants the U.S. to rely on oil, gas, coal and nuclear to meet its energy needs.
In energy, the law phases out clean electricity investment (from 2005) and production tax credits (around since 1992) for wind and solar, crucial for renewable energy growth. Biden's IRA extended both until at least 2032. Meanwhile, coal pays reduced royalties for mining on more federal land.
04.07.2025 20:00 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
What Republicansโ Sprawling Policy Bill Means for Higher Ed
Trumpโs signature legislation now heads to his desk after passing the House. It hikes some endowment taxes, remakes student aid, and introduces a new accountability standard for colleges.
For higher ed, workforce pell and changes to student loans. Glad the Senate axed plans to 1) eliminate subsidized fed undergrad loans, and 2) require Pell Grant students to take 30 credit hours per academic year to receive the max award, and 15 credit hours to be eligible for Pell Grants at all.
04.07.2025 20:00 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
Congress passed no tax on tips in Trump's 'big, beautiful bill.' Here's how it works
Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax exemptions for tipped hourly workers. But how will it work?
People working in "an occupation which customarily and regularly received tips" and earning less than $150,000 will be able to deduct $25,000 in tips annually from their taxable income. This limited, temporary tax exemption expires in 2028. Serves a small portion of the workforce, but hope it helps.
04.07.2025 20:00 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
5 ways Trump's megabill will limit health care access
With spending cuts poised to hit medical providers, Medicaid recipients and Affordable Care Act enrollees, here's how the bill will affect health care access for millions in the U.S.
Medicaid cuts ($1T over 10 years) and impacts to the healthcare industry are massive. To ease the pain rural hospitals will face, Republican senators added a $50 billion fund to help keep hospitals in business. They would rather just give hospitals money than provide poor people with healthcare.
04.07.2025 20:00 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
On this Independence Day, the United States government, led by a Republican president with a majority in both chambers of Congress, passed the One Big Beautiful Bill Act. The bill touches on numerous parts of society, carrying heavy consequences for real people.
04.07.2025 20:00 โ ๐ 1 ๐ 0 ๐ฌ 1 ๐ 0
If the GOP reconciliation bill passes, ICE gets through FY2029:
- $45 billion for detention, on top of the current annual budget of $3.4 billion
- $14.4 billion for transportation and removal, on top of the current annual budget of $750 million
- $8 billion for hiring/retention
- Billions more.
28.06.2025 22:07 โ ๐ 10822 ๐ 5667 ๐ฌ 930 ๐ 1484
Spain is apparently not going to aim for the 5% goal, but will work towards hitting the 2% target.
bsky.app/profile/reut...
25.06.2025 13:34 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0
The Hague Summit Declaration issued by NATO Heads of State and Government (2025)
The accounting for the second bucket will be interesting. It wonโt be missiles and tanks. It might look like investments in cybersecurity and AI, updating energy infrastructure, and aid to Ukraine.
Here is the official declaration www.nato.int/cps/en/natoh...
25.06.2025 13:33 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
The 5% commitment has two categories: 3.5% of GDP annually on core defence requirements, and up to 1.5% of GDP annually to protect critical infrastructure, defend networks, ensure civil preparedness and resilience, unleash innovation, and strengthen defence industrial base.
25.06.2025 13:33 โ ๐ 0 ๐ 0 ๐ฌ 1 ๐ 0
For those unfamiliar with section 1016 (me): โSection 1016 authorizes the Comptroller General to bring suit to compel the release of impounded funds when such release is required by the Act.โ
www.gao.gov/assets/b-200...
24.06.2025 03:09 โ ๐ 0 ๐ 0 ๐ฌ 0 ๐ 0
Chart showing Iranian nuclear centrifuge from 2011 to 2025
In a more serious country, unilaterally withdrawing from the JCPOA would have immediately ended Trump's first presidency & destroyed the GOP's reputation on national security policy for a generation ๐ง
16.06.2025 14:57 โ ๐ 728 ๐ 259 ๐ฌ 16 ๐ 32
Homeland Security Defies Orders, Engages In More Humanย Trafficking
Eight men were put on a plane from Texas, bound for South Sudan โ a country the State Department warns Americans not to travel to because of "crime, kidnapping, and armed conflict." None of these men were from South Sudan. The Trump administration shipped them there anyway, in direct violation of a federal court order. This week, lawyers filed an emergency motion…
Homeland Security Defies Orders, Engages In More Humanย Trafficking
Eight men were put on a plane from Texas, bound for South Sudan โ a country the State Department warns Americans not to travel to because of "crime, kidnapping, and armed conflict." None of these men were from South Sudan. Theโฆ
23.05.2025 22:57 โ ๐ 52 ๐ 25 ๐ฌ 0 ๐ 6
CFPB Quietly Kills Rule to Shield Americans From Data Brokers
Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americansโ sensitive personal data.
Russell Vought, acting head of the Consumer Financial Protection Bureau, has canceled plans to introduce new rules designed to limit the ability of US data brokers to sell Americansโ most sensitive data, credit history, and Social Security numbers.
18.05.2025 20:53 โ ๐ 4365 ๐ 2913 ๐ฌ 518 ๐ 550
Fortnite's Apple skin.
Apple updates App Store guidelines in wake of seismic judgement, paving way for Fortnite's return
www.eurogamer.net/apple-update...
02.05.2025 12:15 โ ๐ 32 ๐ 3 ๐ฌ 1 ๐ 0
From the 100 days series: @brettolmsted.bsky.social examines the crucial role of (im)migrants in the US economy, especially during crises. The article highlights the historic exploitation and racialization of these workers, who are often treated as disposable (agricultural profits over humanity).
01.05.2025 12:35 โ ๐ 4 ๐ 1 ๐ฌ 0 ๐ 0
The First 100 Days of Trump 2.0: A Foreign Policy Assessment
The first 100 days of President Trumpโs second term marks a departure from established US foreign policy, focusing on dismantling international aid and agreements. His administrationโs actionโฆ
Since FDR, US presidents are traditionally evaluated after their first 100 days. This year, I contributed an article to a series by scholars assessing President Trump's second first 100 days. If you're interested in US foreign policy, check it out!
30.04.2025 21:22 โ ๐ 4 ๐ 1 ๐ฌ 1 ๐ 0
The DOJ wants Google to divest from Chrome and to end exclusive distribution agreements with Apple and Samsung (Google paid billions to establish its search engine as the default on phones and lock out competitors). DOJ also wants to see a ban on similar agreements for AI products like Gemini.
22.04.2025 02:21 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0
UPDATE: It happened. In an 11:15 meeting, employees were told that the office has been eliminated and their positions will be terminated.
16.04.2025 15:34 โ ๐ 1683 ๐ 1169 ๐ฌ 75 ๐ 73
Title page of an academic article titled โPlutopopulism: Wealth and Trumpโs Financial Base.โ
Authors listed are Sean Kates (University of Pennsylvania), Eric Manning (Princeton University), Tali Mendelberg (Princeton University), and Omar Wasow (University of California, Berkeley).
The abstract below the title states:
Comparative scholarship suggests authoritarian candidates often rely on backing from the wealthy. The wealthy are also said to play an important role in American campaign finance. Studies of Donald Trump, however, found that he drew significant support from white Americans with less education and privilege. We evaluate wealthy and non-wealthy Americansโ financial support for Trump, compared to other candidates, by constructing a comprehensive dataset of property values matched to contributions and voter files. We find Trump underperformed among wealthy Republican donors while mobilizing new non-wealthy donors. Trump also diversified the donorate, especially by education. That is, Trump built an unusual coalition of wealthy and non-wealthy donors. Our results support an alternative, โplutopopulistโ model of Trumpโs financial base. This study demonstrates the importance of studying both non-wealthy and wealthy Americans, the group who give the most but whose individual behavior has been studied the least.
Open access link to paper: http://cup.org/4cfm0Az
Were wealthy donors key to Trumpโs campaigns in 2016 and 2020?
I'm thrilled to announce a new paper in which Sean Kates, Eric Manning, Tali Mendelberg and I analyzed data on 108 million (!) homeowner-voters.
See โPlutopopulism: Wealth and Trumpโs Financial Base.โ Open access: cup.org/4cfm0Az ๐งต 1/
16.04.2025 16:37 โ ๐ 208 ๐ 71 ๐ฌ 3 ๐ 17
Either the U.S. government *is* able to exert monetary and diplomatic pressure on El Salvador sufficient to produce Abrego Garciaโs release, or it isnโt.
The latter would be either a bald-faced lie or a pretty stunning concession of our national impotence. The Vice President should pick one.
15.04.2025 12:00 โ ๐ 14804 ๐ 3604 ๐ฌ 1581 ๐ 403
The gates of Harvard University. The text reads: "Harvard Says It Will Not Comply With Trump Administration's Demands." Photo by Sophie Park for The New York Times.
โNo government โ regardless of which party is in power โ should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue,โ Alan Garber, Harvardโs president, said about President Trump's demands. nyti.ms/4jzSS9W
14.04.2025 20:46 โ ๐ 5699 ๐ 1118 ๐ฌ 161 ๐ 106
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Professor of Political Science & Public Affairs & Director of European Studies, University of Wisconsin - Madison. International political economy, international relations, & international finance. ๐บ๐ธ & ๐ช๐บ politics & economic policy. Tradeoffs in everything.