Lenore Palladino

The problem is far bigger than Jeffrey Epstein | Rebecca Solnit Treating the scandal as an aberration misunderstands the global epidemic of violence against women

"One of the reasons the epidemic of violence against women is so unacknowledged is because cases like these are talked about individually, and often treated as though they are shocking aberrations rather than part of a pervasive pattern that operates at all levels of society."

Worker Power is the Heart of Democracy 🌱

Power is never given freely—it must be taken.

Join MCF Summer School on Tuesday, August 5th for a conversation w/ Carmen Rojas, @lenorepalladino.bsky.social, Brendan Walsh, and @faiz.bsky.social

RSVP: caseygrants.hubspotpagebuilder.com/worker-power...

Women Can't Afford to Wait for a Feminist Economic Future (with Premilla Nadasen, Rakeen Mabud and Lenore Palladino, Aisha Nyandoro, Gaylynn Burroughs, and Dolores Huerta) Meet the Voices Premilla Nadasen, history professor at Barnard College and author of Household Workers Unite: The Untold Story of African American Women Who Built a Movement and Care: The Highest Stag...

ep three of looking back, moving forward is live
@msmagazine.com! today's topic: economic justice 💰

feat. premilla nadasen, @rmabud.bsky.social + @lenorepalladino.bsky.social, aisha nyandoro, nwlc.org's gaylynn burroughs, and *the* dolores huerta.

tune in!

it was both *fun* and *deeply depressing* to revisit 2021 and all the arguments @rmabud.bsky.social and I made then for how investing in care would benefit the ENTIRE economy

thanks @msmagazine.com @carmenriosss.bsky.social for the opportunity

This!

I hate to admit it but the family drama of the extremely wealthy is definitely my reality TV 🍿

A Just Transition for All To meet the greenhouse gas emissions reductions needed to stave off the worst impacts of climate change, a transition away from fossil fuels must occur, as q...

I read a fantastic book about this recently! 🤣

mitpress.mit.edu/978026255079...

He Was Asked About His Tattoos and a TikTok Video in Court. Five Days Later, He Was in a Salvadoran Prison. Albert Jesús Rodríguez Parra was one of more than 230 Venezuelan immigrants the Trump administration sent to a maximum-security prison in El Salvador. After his release, he says he wants the world to…

After being released from Salvadoran prison CECOT, Albert Jesús Rodríguez Parra says he was relieved to be home with his family but felt traumatized.

“There is no reason for what I went through,” he said. “I didn’t deserve that.”

By @melissa-sanchez.bsky.social

California's economy is already getting hit by immigration raids The number of people reporting to work in the private sector in California has decreased by 3.1% — a downturn only recently matched by the COVID-19 lockdown.

I have to wonder how much of the collapsing economy can be attributed to the deliberate terror campaign in the nation's largest state, which has led to 3.1% of California workers—a big number!—not showing up to the job since ICE raids started.
www.latimes.com/business/sto...

These are two job sectors known for heavily immigrant workforces, too.

CNN points out that June turned out to be the weakest month of jobs growth since December 2020 -- the last full month of Trump's first term

whoops (I'd argue this is more impt than the jobs data actually)

*US ISM MANUFACTURING INDEX AT NINE-MONTH LOW OF 48; EST. 49.5

The negative revisions are basically everywhere

red = bad btw

ha ha JPMorgan and Coinbase also

www.ft.com/content/047b...

this paper is already way outdated & I'm writing more now but just in case it's useful .. these regulated/ unregulated distinctions don't seem important to non-finance ppl (including *cough* economists sometimes) but we have other keep up

peri.umass.edu/wp-content/u...

kind of makes you think maybe we shouldn't just regulate part of the financial system that lends to companies and leave the other part unregulated?! maybe?!

www.federalreserve.gov/publications...

The Fed's stress tests this year included an "exploratory analysis" of the risks of growing NBFI and large bank linkages: while they find in their simulation that the "banking system is able to withstand" the specifications of stress they throw at the model, the NFBIs would have some serious losses

😭😱🤣

I understand this is infuriating, but this is a case that could’ve happened under any administration in the last 35 years.

Famine under way in Gaza, UN-backed experts say IPC alert reports mounting evidence of widespread starvation and says ‘worst-case scenario’ is playing out

Israel is attempting to extinguish an entire group of people by starving them to death

I'm shocked, simply shocked, that endowments are also getting fleeced by asset managers

"Advisory fees are positively correlated with gross returns but negatively with net returns, suggesting overpayment for investment services."

Both the Trump administration and Florida have been lying through their teeth about who is being detained at the Everglades detention camp.

I am increasingly convinced that the economic impact of tariffs is most likely to show up as a fall in business profits, a collapse investment spending, and a recession - deflation, not inflation.

except for defense spending (in the machinery manufacturing comments), which continues to roar ahead, unsurprisingly I guess

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It The bank put $50 billion toward lending to riskier companies to compete with nonbank giants dominating the market. The Walgreens deal was the payoff.

even Jamie Dimon said it was dangerous ... on the same day that he put $50 billion in tho lol

www.wsj.com/finance/bank...

at this point I don't know who is in favor of private credit

www.ft.com/content/b81a...

Pedo Fomo - just ghastly

& that's just the data for companies that have to disclose under securities laws.. I am currently reading about private equity's takeover of the HOSPICE industry and it's worse than I would have even imagined

@victorroy.bsky.social has the receipts on what health care is doing with all those profits

jamanetwork.com/journals/jam...