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Justin Slaughter

@jbsdc.bsky.social

Former CFTC and SEC; now at Paradigm.

407 Followers  |  125 Following  |  185 Posts  |  Joined: 10.05.2023  |  2.3764

Latest posts by jbsdc.bsky.social on Bluesky

Supporters of rivalrous socialism/socialism in one country are the absolute worst of the bunch: Stalin, Pol Pot, the Kims, arguably Mao.

03.08.2025 18:01 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I mean, I respect them enough to listen to what they say to me. We just have a different view of the substance and politics here.

31.07.2025 16:33 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

I mean, the explicit argument is that ring fencing it would shrink it down. I donโ€™t think thatโ€™s a gotcha.

31.07.2025 16:10 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

I mean, multiple members of the Admin made clear they were trying to shrink it, ringfence it, send it to zero, etc after the positive 2022 EO, including here on this website.

31.07.2025 16:05 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

A lot.

31.07.2025 16:02 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0

You could do something that was effective there but it would need to be couched as being pro the users. Thatโ€™s not what was done.

31.07.2025 15:56 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

I mean, we tried that. That was 21-24.

31.07.2025 15:55 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 1

Look, if you want to make people working in crypto untouchable for the coalition, thatโ€™s a choice. Itโ€™s not worked so well, but it is a choice.

Again, Iโ€™m a Democrat and someone who has strongly disapproved of Trump the entire time. The idea that my support is undesirable seems like an error.

31.07.2025 15:47 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Hope your day improves.

31.07.2025 15:46 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Iโ€™d say the industry was divided. But it was largely pro Biden in 2020.

31.07.2025 15:46 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Iโ€™d say youโ€™re missing context.

31.07.2025 15:42 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Too much fixation on โ€œfighting corporate powerโ€ in a way that didnโ€™t animate voters but did anger business.

Thereโ€™s a time and place for populism like that; this wasnโ€™t it, not with this coalition facing that threat.

31.07.2025 15:00 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

I was a member of Crypto for Harris and urged folks in crypto to vote for and support Dems. Youโ€™re barking up the wrong tree on this and a few other claims.

31.07.2025 14:59 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

Probably a lot longer than the four years of the Trump Admin.

31.07.2025 12:38 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Also: thatโ€™s what they want, to have liberal students opt to not take slots T the elite Ivy schools so conservatives can get those slots and the prestige and resume boosts that come with them.

31.07.2025 11:47 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

This is the logic though: if most of the elite schools cave, there are smaller social consequences for those who collaborate/deal than if only a few do.

31.07.2025 11:46 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0

Trump was and remains an existential threat to liberalism. This is why the number one job of the Biden Admin was to remain popular enough that he couldnโ€™t come back.

The focus on that core mission was lost in favor of a bunch of secondary goals, most of which weakened the Anti Trump coalition.

31.07.2025 11:44 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 8    ๐Ÿ“Œ 1

I legitimately think thereโ€™s tremendous signal in this and we need to study why asking folks to do more job-switching amid inflation seems to hurt Dems so much.

28.07.2025 00:14 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Itโ€™s a tax on people who are conflict averse and less likely to endure job switching. Based on David Shorโ€™s data on partisan personality baselines, that probably means it hurts Dems make than Republicans.

Sucks, but it is what it is.

28.07.2025 00:13 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

โ€œIโ€™m pro-full employment but anti-gambling and reckless speculationโ€ is a reasonable personal feeling but not a workable policy worldview in the US. Americans are going to take risk and the more secure their employment prospects the more risk theyโ€™re gonna take.

27.07.2025 14:43 โ€” ๐Ÿ‘ 82    ๐Ÿ” 6    ๐Ÿ’ฌ 19    ๐Ÿ“Œ 8

Because Spiritโ€™s route options are terrible and itโ€™s making for leisure not business?

27.07.2025 12:44 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Yeah, continuing essential air service is reasonable, but thatโ€™s a very mild tweak.

I think most of the solution to this and some of the other current problems (housing in cities, small towns dying, etc) is just to try and incentivize remote work a lot more.

26.07.2025 19:23 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I mean, the point of the movie is itโ€™s hard to have a fulfilling life in a Terminal!

26.07.2025 19:22 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

This gets at a real issue. We have way too much real estate aimed at commercial retail but no easy way to transition it to housing. People canโ€™t live in Terminal A.

26.07.2025 16:12 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 3    ๐Ÿ“Œ 0

Itโ€™s a good question. Probably more reduced training requirements in exchange for forcing airlines to be faster at compensation and reducing jet fuel price volatility (which is main cost input).

Consumers keep paying for cheapest ticket possible is the thing.

26.07.2025 11:13 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0

The argument is deregulation led to such low prices that most airlines couldnโ€™t stay in business, which led to bankruptcies and mergers, resulting ultimately in higher prices. The only solution ultimately in their telling is to restore the 1975 status quo.

25.07.2025 18:26 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1

I mean, the desired end state of the antitrust crew isnโ€™t a bunch of airlines but re-regulation including price mandates and route mandates. Itโ€™s when they describe the problem as โ€œruinous competitionโ€

25.07.2025 13:51 โ€” ๐Ÿ‘ 5    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

โ€œNo no! Youโ€™re supposed to be protesting inequality in a local park while hoping to study for your MA, not on Robinhood trying to do a ODTE on whether Kristy Kreeme will cross $3 today! You donโ€™t want this!โ€

โ€œBRB, aura farming on Twitch for the Wall Street Bets brahs.โ€

23.07.2025 13:39 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Millennial Dem economic policymakers are really counting on this blowing up soon, both for electoral and party policy reasons.

If heavy day trading becomes part of Zoomer culture persistently, the entire 2010-2024 economic policymakers approach of the party is hyper cooked for decades.

23.07.2025 13:36 โ€” ๐Ÿ‘ 4    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1

As the party of the upper middle class (who provide and consume more services than goods), tariffs are also a tax that falls through least on their main base voters too.

23.07.2025 11:16 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

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