@seandres.bsky.social
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reposted by
Robert Reich
9 months ago
See how this works?
www.bloomberg.com/news/article...
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Billionaires Score Best-Ever Day as Stocks Soar on Tariff Pause
The world’s wealthiest people added $304 billion to their combined net worth on Wednesday — the largest one-day gain in the history of the Bloomberg Billionaires Index — as stock markets soared after ...
https://www.bloomberg.com/news/articles/2025-04-09/billionaires-score-best-ever-day-as-tariff-pause-jolts-market?sref=0KUfhQHv
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reposted by
Robert Reich
about 1 year ago
If you haven’t already, please consider following
@inequalitymedia.bsky.social
and
@imcivicaction.bsky.social
— organizations I co-founded to help counter myths and disinformation about the economy and politics. I expect our team to be posting here more actively in the coming months.
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reposted by
Robert Reich
9 months ago
Any traders with inside information that Trump was going to walk back his tariffs — some of them, presumably, Trump family members and cronies — just made a fortune. It all feels like chaos until you look more closely at who is winning.
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reposted by
The Tennessee Holler
9 months ago
Wha happened today would be treated as crime if they didn’t now also control all the law enforcement agencies
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reposted by
Robert Reich
9 months ago
38% of people living in Mike Johnson's district were enrolled in Medicaid last year. Yet Johnson is pushing for devastating cuts to Medicaid — all to pay for tax cuts that will predominantly go to the rich. Is there a better encapsulation of the Republican Party?
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reposted by
Mueller, She Wrote
9 months ago
We wouldn’t be here if SCOTUS had allowed the January 6th trial to go forward as scheduled.
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reposted by
Chris Hayes
9 months ago
The worst catastrophes of history are caused by men who are malevolent, ignorant, and have exceptional wills.
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reposted by
Rachel Maddow
9 months ago
This is well worth reading: "Whatever dam of despair that kept so many Americans quiet or despondent has now broken..."
slate.com/news-and-pol...
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A Bright Spot Is Emerging Amid All This Trump Chaos
The point of mass protest is not to stage a perfectly organized, fully realized one-time event.
https://slate.com/news-and-politics/2025/04/donald-trump-elon-musk-protests-hands-off-resistance-doge-tariffs.html
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reposted by
Rachel Maddow
9 months ago
"falling out of bed" "Weinberg, chief US economist at High Frequency Economics, sees the economy falling out of bed in the second quarter, which has just started, and now predicts the economy will contract at a negative 4.5% rate in the second quarter."
www.marketwatch.com/story/econom...
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Economists now say a dire economic slowdown has already begun
“The economy is headed for a sharp downturn. Layoffs will surge,” said Carl Weinberg, chief U.S. economist at High Frequency Economics.
https://www.marketwatch.com/story/economists-start-to-predict-that-dire-economic-slowdown-has-already-begun-28d124ef?mod=home_lead
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www.facebook.com/share/p/1EVE...
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https://www.facebook.com/share/p/1EVE2CjjqJ/
9 months ago
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reposted by
Kamala Harris
9 months ago
Fear has a way of being contagious. But courage is also contagious.
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reposted by
Robert Reich
9 months ago
SpaceX just landed a $5.92B contract with the Pentagon for Space Force rocket launches — the largest contract among the three firms who secured deals to send satellites into orbit. While DOGE cuts essential services for you, Musk is getting a taxpayer-funded windfall. Hello?
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@maddow.msnbc.com
Deb Haaland & 95 year old Dolores Huerta at the Hands Off Rally in Albuquerque, NM.
9 months ago
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Hands Off Rally in Albuquerque, NM!
9 months ago
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www.facebook.com/share/p/1Bz4...
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https://www.facebook.com/share/p/1Bz4FEcVfW/
9 months ago
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