Scot Gallaher

🤘

Next stop almost certainly will be SCOTUS. But the right result here. And a strong opening by Judge Brown. #txlege

BREAKING: In a 2-1 decision, the three-judge panel in Texas has blocked the state's new congressional map and ordered the state to use the 2021 map for next's year's midterms.

Opinion here:

drive.google.com/file/d/1Af-Q...

#txlege

Federal court blocks Texas' redrawn congressional map

I’m sure the founders of the internet would be so proud that decades later the entire world is being served up copies of a pedophile’s emails…

tf… #Food

2025 Election take-away: Be an asshole, lose your election.

Sahil Kapur on X: "“Since siding with Barack Obama twice, Iowa has become a stronghold for Mr. Trump. Yet perhaps no state has struggled more with his economic policies. During the first quarter of 2025, Iowa’s GDP dropped by 6.1 percent, more than any other state aside from neighboring Nebraska.”" / X “Since siding with Barack Obama twice, Iowa has become a stronghold for Mr. Trump. Yet perhaps no state has struggled more with his economic policies. During the first quarter of 2025, Iowa’s GDP dropped by 6.1 percent, more than any other state aside from neighboring Nebraska.”

#Tariffs #Iowa

🤘#HookEm

Major internet outage hits websites after issue at Amazon Web Services – business live Rolling coverage of the latest economic and financial news Heads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares. Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb. “We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.” “We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational inno­vations (AI, Power and resources, and Longevity), and pockets with clear catalysts that could drive earnings upgrades (Japan and global banks).” Continue reading...

Major internet outage hits websites after issue at Amazon Web Services – business live

Houston oil giant freezes plans for $10 billion plant on Texas coast The decision was based on "current market conditions."

ExxonMobil scraps plans for $10 billion Texas plastics plant #tariffs

🤘#hookem

Kash Patel fires FBI trainee who displayed pride flag: Sources The FBI has "summarily dismissed" a new agent trainee who displayed a pride flag at his previous work area, several sources with knowledge of the action told ABC News.

#DontHurtGoodPeople

Trump threatens 100% tariff on foreign-made movies The levy could cause massive disruption to — and confusion in — the entertainment industry.

Going to be tough on James Bond #Tariffs #Hollywood #007 #JamesBond

YouTube video by Dr. Owais Durrani Doctors React to The Pit Winning Best Drama: A Moment We Needed

#ThePitt

a graph of year-on-year change in US blue collar employment

US blue-collar job growth has completely stagnated, hitting the lowest level since the onset of the pandemic—manufacturing is currently losing jobs at a rapid pace, and growth in construction/transportation has slowed to a crawl

Labor Statistics site suffers outage just before crucial jobs report It's the first monthly employment report since President Trump fired the BLS commissioner.

#Economy #Jobs

Here's who would get refunds if Trump's tariffs get thrown out If the Supreme Court strikes down some of Trump’s biggest tariffs, importers could be entitled to “billions and billions of dollars” in refunds.

#Tariffs

YouTube video by K8 News ‘I have never been as worried as I am now’: Arkansas farmers gather to share concerns

#Farmers #Tariffs

In rebuke to Trump administration, judge rules for Harvard on many key issues in the funding cutoff cases. I’m glad the university held fast rather than buckling under to the bully. storage.courtlistener.com/recap/gov.us...

The elders are calling bullshit, but the representatives aren’t listening. I feel the aggravation in that room. As though this government was hellbent on causing our elders to go into early graves.

There are no words that will heal the pain of this community.

A front should bring increased rain chances this weekend; We also size up the tropics with a month to go In brief: Today’s post reviews the Atlantic hurricane season to date, and sets expectations for the remainder for Texas. We also look ahead to a front that will bring slightly cooler weather …

A front (!) brings slightly cooler weather to the Houston area and increase the likelihood of rainfall for the upcoming holiday weekend. Also: we review the Atlantic hurricane season to date, and set expectations for the remainder for Texas.

#houwx

The umpire who picked a side: John Roberts and the death of rule of law in America The chief justice of the US has painted himself as a modern institutionalist over the past 20 years. Experts say he’s emboldening Trump’s drive toward authoritarianism

#JohnRoberts #SCOTUS

Camp Mystic families push Texas leaders for safety reforms in wake of deadly Hill Country floods Families who lost their children in the July 4 flooding at Camp Mystic are testifying before state lawmakers who want to make changes to make camps safer.

#TexasFloods

Texas economy, job growth slowing amid trade war and immigration crackdown, Dallas fed report says Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.

#Tariffs #Immigration #TexasEconomy

As with CPI, .. PPI services not exactly serving as soothing offset.

🤡

@mikezaccardi.bsky.social

90 years ago today, FDR signed the Social Security Act of 1935 into law.

Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies It all comes down to the labor market, immigration, and tariffs. What is really going on in terms of how many workers are available?

#Tariffs #Immigration