CRE Today

www.oregonlive.com/business/202...

www.bbc.com/news/article...

"I once met a former bodyguard of one billionaire with his own "bunker", who told me his security team's first priority, if this really did happen, would be to eliminate said boss and get in the bunker themselves. And he didn't seem to be joking."

Added some $RVT too. It's also trading at a nice discount to NAV.

Remind me, do taxpayers pay the president’s salary or does the president pay ours? Do we work for the president or does he work for us?

Gotta love Josh. Saw all three nights of his Portland engagement.

Another unique and interesting overview from Nathan.

"It is interesting how brazen the Trump administration has been in not honoring congressional orders to spend while being relatively circumspect and legalistic regarding spending without appropriations."

The piece on the shut down you didn't know you were waiting for

Took some divs from the preferred $XOMAP, which I liquidated after ex-date, and put them into the CEF $USA, which is trading at a nice discount to NAV.

I feel like a broken record, but I have to keep saying it over and over again: a farmer bailout won’t do much of anything because the market is gone. There will be no incentive to plant next year.

The bailout will help payoff farmer debt to the banks. That’s all.

If only there were people who could go around and find out what the reality is, and then perhaps report on it back to everyone. They could even publish their reporting in print or online, and possibly even make a business out of keeping folk informed about what's happening in the world. If only.

No one can do a deal with America and expect it to be upheld.

I don't know if there's such a thing as a "world cyberwar" but I think we are in one? and the US is determined to lose it. 🧵

Today the admin is mass-firing the Cybersecurity and Infrastructure Security Agency (CISA), the nation's cybersecurity protection across all levels of government.

It appears that the federal agents occupying Portland have people embedded with them charged with the task of producing stories presenting the government’s version of events. Ironically, this was the sort of work JD Vance did in Iraq before he decided he was against that war.

“As I wasn’t educated on the intricacies of a datacenter, I wasn’t bearish enough on the economics of an AI datacenter.”

www.marketwatch.com/story/this-a...

Trump and the right wing bullshit machine working in high gear to motivate and justify a (potentially violent) federal response to unrest that is largely a figment of their imagination and (where it is real) a reaction to federal agitation. A vicious, intentional, and intensifying cycle.

Torsten Sløk at Apollo:

"We have put together a 75-page chart book with private sector data to monitor during the shutdown, and it is available here. We will update and publish this going forward as long as the shutdown continues."

#econsky #finsky

www.apolloacademy.com/alternative-...

"Without the release of the September inflation report, there is no way the Treasury can accurately set the I Bond’s new variable rate or composite rate in any traditional way..same is true for the updated composite rates for all I Bonds ever issued."

#econsky #finsky

tipswatch.com/2025/10/05/i...

Not only does this story get a number of basic facts wrong, it doesn’t take time to actually explore why Portlanders elected these folks. Coming in with a pre-baked PDX story to fit a NYT narrative about NYC is harmful, especially at this moment.

How much of Claudia Sheinbaum’s popularity is connected to having been in the most awesome photo a world leader has ever been in?

Important to remember that stories about children killed by vaccine-preventable diseases when they're too young to be vaccinated are, beneath that, stories about the loss of herd immunity.

This baby caught whooping cough from somebody. That somebody was probably old enough to be vaccinated.

Good night, and good luck.

Brad is unimpressed.

#econsky

braddelong.substack.com/p/no-there-a...

This is more or less what the American Revolution was about