Penelope Wang
@pennywriter.bsky.social
760 followers 990 following 220 posts
Freelance writer/editor. Focus: personal finance, consumer protection, preserving civilization. Priors: Consumer Reports, Money mag.
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Reposted by Penelope Wang
davekarpf.bsky.social
Everyone agrees that we're currently in a dotcom era-like AI bubble. People disagree what sort of bubble it is.

There are 3 stories one can tell about the dotcom crash: a startup story, a telecom story, and an accounting fraud story.

My take: it's giving Enron
open.substack.com/pub/davekarp...
It's Giving Enron
On the AI bubble, and the various echoes of the dotcom crash
open.substack.com
Reposted by Penelope Wang
kalmantibs.bsky.social
"Slender-billed curlews were striking birds. They stood proud with their long legs and slim, pointed, black bill. Their calls were sweet and whistling, but somewhat haunting. It is a sad fact that this bird will never be seen or heard again."

💔🌍🕊️

theconversation.com/slender-bill...
Slender-billed curlews are officially extinct – here’s why the loss of these migratory birds really matters
Why the loss of this species shines light on the global extinction crisis.
theconversation.com
Reposted by Penelope Wang
pennywriter.bsky.social
Wall Street is seeking to push private investments and crypto into 401(k) plans, promising riches. But in a downturn, workers who seek to sell may find their money locked up. (gift link)
www.nytimes.com/2025/10/13/m...
The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?
www.nytimes.com
Reposted by Penelope Wang
earlofedgecombe.bsky.social
If you think you know why US newspapers died, this feature documentary now streaming for free on PBS might surprise you. It wasn't the Internet. Newspapers were specifically targeted by vulture capitalists.

I composed the score for the film, which features electric cello & Crowfoot guitars.
Stripped for Parts: American Journalism on the Brink
A handful of journalists rebel against a hedge fund that is gutting newspapers nationwide.
www.pbs.org
Reposted by Penelope Wang
hamiltonnolan.bsky.social
The amount of fragility being introduced into America's systems is alarming. We are getting less robust to all types of crises simultaneously.

www.hamiltonnolan.com/p/fragility-...
Fragility Is Getting Scary
The opposite of risk management.
www.hamiltonnolan.com
Reposted by Penelope Wang
nycsouthpaw.bsky.social
The deportation order is based on Vedam’s conviction for murder—a crime he did not actually commit and for which he’s now been wholly exonerated. He entered the US at 9 months old and was a legal permanent resident before his conviction. We are so, so, so far from the light of justice.
cmgiulini.bsky.social
After spending 43 years in prison for a crime he didn't commit, evidence hidden by the prosecution reversed his conviction. Rather than finally enjoying freedom, ICE abducted him for deportation

Depraved.

www.miamiherald.com/news/local/i...
He was wrongfully imprisoned for 43 years. Moments after being released, ICE took him
Subramanyam “Subu” Vedam now faces deportation.
www.miamiherald.com
Reposted by Penelope Wang
criminalerin.bsky.social
The closing 'graph is a real kick in the teeth

"In the likely absence of federal wraparound services for students with disabilities, Wright-Gallo recommended that parents and advocates start paying more attention to support systems at the local and state level."
Reposted by Penelope Wang
urocklive1.bsky.social
Just a reminder that Wikipedia is the only remaining reliable source of information that right wing billionaires can't control. (Although they'll never stop trying.)

Please donate to them whenever you can. Even a little bit helps.

en.wikipedia.org/wiki/Main_Page
Reposted by Penelope Wang
dieworkwear.bsky.social
About a month ago, the Trump administration got rid of the de minimis exemption, whereby packages valued under $800 could slide in without import duties. Now there's a backlog as the government can't process all of this paperwork, leading to UPS just destroying packages
Business Insider headline reads: UPS is telling customers that their packages coming to the US are marked for destruction.
Reposted by Penelope Wang
markhisted.org
Seeing a lot of celebration of this as a win.

But at NIH we have seen this exact play before.

It looks like it is the Vought strategy -and to stop the lawless firings we have to see the bigger picture.
A 🧵:
Trump Administration Will Rehire Scores of Experts Fired in Error
www.nytimes.com
Reposted by Penelope Wang
kevinmkruse.bsky.social
I know Trump and his minions all have sneering contempt for kids with special needs, but trust me when I say that their parents will absolutely fucking destroy anyone who messes with the special education supports to which they are entitled by law.
sarapartridge.bsky.social
There are reports that the *entire* office of special education at the US Dept of Education has been cut. These hardworking folks ensure kids with disabilities get equal access to a quality education.

America’s children deserve better than this.
Reposted by Penelope Wang
madalsa.org
At the Nicholas Roerich Museum, since I can’t go to the Himalayas.
Reposted by Penelope Wang
melissaryan.bsky.social
This one will hit the red states especially hard. Blue state systems will for the most part work to ensure kids with special needs have access to public education. The red states will leave families to sort it for themselves.
sarapartridge.bsky.social
There are reports that the *entire* office of special education at the US Dept of Education has been cut. These hardworking folks ensure kids with disabilities get equal access to a quality education.

America’s children deserve better than this.
Reposted by Penelope Wang
disrightswatch.bsky.social
Breaking: per internal sources, the entire Office of Special Education and Rehabilitative Services (OSERS), including OSEP and RSA beneath them, was RIFed last night at the Department of Ed. Developing story. DoEd union says may take 1-2 days for all affected employees to receive official notice.
Reposted by Penelope Wang
lenasun.bsky.social
The CDC official who was leading the measles response and was RIFd has more than 28 yrs experience as the senior USG official leading outbreaks on Ebola, Marburg virus, and mpox. 2/4
Reposted by Penelope Wang
hyperallergic.com
Bob Ross created thousands of paintings on PBS’s ”The Joy of Painting.” Now, 30 of his works are being sold at auction to benefit public broadcasters suffering under President Trump’s federal funding cuts.
30 Bob Ross Paintings Head to Auction to Support Public Media
The happy little fundraiser will benefit broadcasters affected by Trump’s funding cuts.
hyperallergic.com
Reposted by Penelope Wang
crampell.bsky.social
Trump’s immigration crackdown is risking higher food prices for Americans, according to the Trump admin itself. 
DOL warned in an obscure document last week that “near total cessation of the inflow of illegal aliens” is threatening “stability of domestic food production and prices for US consumers.”
Trump administration says immigration enforcement threatens higher food prices
U.S. farmers face labor shortages and potential food price hikes due to Trump’s immigration policy, the administration acknowledged in a Federal Registry document.
www.washingtonpost.com
Reposted by Penelope Wang
matthewjdowd.bsky.social
happy bday Eleanor Roosevelt, b.1884, NYC.

“I believe that democracy is based on the ability to make democracy serve the good of the majority of the people. If it can’t do that, then it should not survive.”

“If silence seems to give approval, then remaining silent is cowardly.”
Reposted by Penelope Wang
angierasmussen.bsky.social
I don’t know who needs to hear this but the CDC is being eviscerated right now. America is not going to have any kind of outbreak response capacity after tonight. Americans’ health data is no longer secure. Say goodbye to federal public health in any capacity. It’s a disaster. We won’t recover.
Reposted by Penelope Wang
rabihalameddine.bsky.social
Shoda Koho, Canal Under the Moonlight, 1930
Reposted by Penelope Wang
cathygellis.bsky.social
Behold an extremely timely Techdirt post...

(just went up)

www.techdirt.com/2025/10/10/i...