Author | Lightnews

Reposted by Nick M. Velli

Sean Brodrick @seanbrodrick.bsky.social · 7h

Mark Zandi: A growing number of states are struggling, some already in recession, others right on the edge. Together, they account for nearly a third of U.S. GDP.

The national economy isn’t there yet, but it’s clearly losing steam.
#EconSky

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Nick M. Velli @archroadkill.bsky.social · 16h

I still think this is one of the most useless and self-centered clowns to ever get seated in the Senate. And think about what a high bar that is.
Even Texans don't like him. They know he's an asswipe but then re-elect him anyway because "at least he's OUR asswipe".

Nick M. Velli @archroadkill.bsky.social · 16h

You know you're an incorrigible gadget head if your damn bed needs AWS

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Mark Jacob @markjacob.bsky.social · 19h

Both the U.S. marshal and the immigrant were shot by federal officers. You’d never know that from this headline.

U.S. marshal and undocumented immigrant shot during ICE stop in Los Angeles, officials say

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Senator Chris Larson @senchrislarson.bsky.social · 1d

ICE is stockpiling arms, including chemical weapons, guided missile warheads and explosive components. The spending dwarfs anything we've ever seen in the agency - a 700% increase.

The President is building an army to attack his own country.

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Nick M. Velli @archroadkill.bsky.social · 16h

Consider yourself "identified" you hoaxer

Nick M. Velli @archroadkill.bsky.social · 16h

Of course he managed to lie in the first sentence. NYC isn't the city he has called home his entire life, he left Brazil because he was wanted for check fraud. What a jewel we have here.

Nick M. Velli @archroadkill.bsky.social · 16h

No worries we're almost done trickling

Nick M. Velli @archroadkill.bsky.social · 16h

Larry Ellison and Lachlan Murdoch would control all that's left of US cable TV. That's what that would look like. The billionaire takeover begins, as should have been expected, with gaining control over the means of propaganda.

Nick M. Velli @archroadkill.bsky.social · 16h

I can't get past the paywall but I find this hard to believe. Rebuilding after disasters is a good thing but it's only "growth" if you don't count the disaster as loss. Sure, it is economic activity and jobs etc. But it also consumes capital that can now not be used elsewhere.

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Nick M. Velli @archroadkill.bsky.social · 17h

$3B isn't going to go very far. A drop in the bucket. We should have kept USAID. Not just would it have brought business to America's farmers. It would have saved countless lives in the process and earned us the lifelong admiration of those we would have helped.

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Prem Thakker ツ @premthakker.bsky.social · 1d

An American teenager, Mohammad Ibrahim, has been in Israeli prison for *8 months.*

Israeli settlers killed his 20-year-old American cousin, Sayfollah Musallet, in June.

These are the conditions Mohammad is being held in, where he's lost dozens of pounds and got infected with scabies:

DCIP interview with Mohammad
“[My] section consists of 19 rooms, each equipped with four bunk beds,” Mohammad told DCIP. “In each room, eight children occupy the beds, while the remaining children sleep on mattresses on the floor. The mattresses, whether on the beds or on the floor, are extremely light and inadequate. Each prisoner receives two blankets, yet we still feel cold at night. There is no heating or cooling system in the rooms. The only items present are mattresses, blankets, and a single copy of the Quran in each room.”

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Denton 🇺🇸 @dentonrg.bsky.social · 18h

Reminder that the top income tax bracket in 1960 was 91%.

Reduce the National Debt!
#TaxtheRich 💙🇺🇸

#econsky

Schedule of 1960 income tax brackets, showing top rate of 91%.

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Nick M. Velli @archroadkill.bsky.social · 1d

There is plenty of media people that can't get enough of Milei, either, and not just the usual right wing suspects

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t0ussaint @t0ussaint.bsky.social · 1d

the chart of argentina's currency is so crazy its hard to believe that when trump took office the first time, the peso was near 15, now in his 2nd term, its near 1500 peso to the dollar. the current leader did this, but the finance world loves the 'libertarian' and #1 IMF debtor nation #econsky

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Nick M. Velli @archroadkill.bsky.social · 1d

Let's keep on winning, boys

Reposted by Nick M. Velli

Sean Brodrick @seanbrodrick.bsky.social · 1d

The delinquency rate on subprime loans (loans to borrowers with below a 660 Vantage score) jumped to 8.3% in September. This is the highest delinquency rate in September since 2010 in the immediate wake of the Global Financial Crisis. #EconSky

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Centre for European Reform @centreeuropeanref.bsky.social · 1d

EU #competition policy should take into account how mergers can facilitate global competitiveness and innovation.#econsky

New by @aslak.bsky.social, @elisabettaco.bsky.social, @zach-meyers.bsky.social
& @sandertordoir.bsky.social

Read here: buff.ly/GXE1cuL

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Nick M. Velli @archroadkill.bsky.social · 1d

We're now down to not seating elected members of the House to prevent the release of these files. Something pretty damning must be in there.

Reposted by Nick M. Velli

t0ussaint @t0ussaint.bsky.social · 1d

Trump administration's policies could decrease the U.S. labor force by 6.8 million by 2028 and 15.7 million by 2035, according to the NFAP analysis, leading to cumulative GDP fall of $1.9 trillion from 2025 to 2028 and $12.1 trillion from 2025 to 2035.
#econsky www.newsweek.com/us-economy-r...

US Economy Report Sounds Alarm for Donald Trump

The administration's policies could decrease the U.S. labor force by 6.8 million by 2028 and 15.7 million by 2035, according to the analysis.

www.newsweek.com

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Aozora @aozorasf.bsky.social · 1d

This is who is paying for the destruction of the White House East Wing, per @wsj.com

Altria Group Inc.
Amazon
Apple Inc.
Booz Allen Hamilton Holding Corp.
Caterpillar Inc.
Coinbase Global
Comcast Corp.
Hard Rock International
Google
HP Inc.
Lockheed Martin Corp.
Meta Platforms Inc.
1/3

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Nick M. Velli @archroadkill.bsky.social · 2d

What does that mean? Oil demand isn't rising afaik

Nick M. Velli @archroadkill.bsky.social · 2d

That's the trickle down economy. Crazy that we have let it go on for this long. But hey, people keep voting for the party that invented this concept so maybe they like it

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Nick M. Velli @archroadkill.bsky.social · 2d

Sounds a bit like there's a period of withdrawal symptoms after quitting cold turkey but then things improve. Interesting

Reposted by Nick M. Velli

The Tennessee Holler @thetnholler.bsky.social · 2d

🧑‍🌾 FARMER: "MAGA now means Make Argentina Great Again — as China buys soybeans from Argentina, the same country Trump sent ($40 BILLION)… A bailout is like putting a Band-Aid on a bullet wound. We don't want a bailout. We want markets for our crops."

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