Quite a big story this, basically if SpaceX gets included in the S&P500, NASDAQ passive investments will be forced to buy it and prop it up. Elon will walk away with a big pile of money and leave investors with a shit AI company that also does rockets and satellites.

The trans community is under vicious attack. The @greenparty.org.uk response has been at best slow and quiet, at worst non existent. As a member I'm ashamed that we have not been much bolder and louder in showing unwavering solidarity with trans people. We need to do much better.

Future government absolutely needs a clean sweep, so many quasi government orgs have had their boards stuffed with the worst people.

Good job world, this continues to happen under your watch and they continue to act with total impunity fucking sociopaths

This is a sensible move, anyone who takes the SpaceX IPO deserves to lose their money.

I've got a theory that a lot of what we see in terms of decline in various places around Britain can be put down to repeated cuts to the benefit system. Basically, when benefits were more generous they provided a base level of spending in communities that was essential for local businesses.

Gonna die on a hill defending Corbyn's free broadband for all policy.

I was in a friendly argument with one of the center left economists on here about capacity. I think the economy has a lot of spare capacity he disagrees. My main contention here is that indicators like interest rates hide spare capacity because we're in an investment bubble.

There's quite a few moments in this video that filled me with disbelief. I have questions, like: How is this shit legal? Why on earth would anyone invest in this? How is this not fraud? youtu.be/IHD8BDFYyGI?...

Tony Blair seems like a giant mark, but doesn't realise it because he's personally too important to ever be caught by the fallout from the disasters he's backed.

I disagree, I think today's Blair is harder and nastier. 90s Blair was strongly progressive on immigration related issues.

did you know that ocelot cubs sound like donald duck?

There's an important question about monetary policy at this point. Do you still attempt to control inflation through interest rates and keep prices stable or do you accept a degree of inflation and keep rates low.

Independent Palestinian journalist Sami al-Saai, whose account of being raped in Israeli detention was reported by @nickkristof.bsky.social in The New York Times: “If this is a lie, why don’t you allow the Red Cross to visit the prisoners?” His video interview with Middle East Eye is below.

Really good answer here to the old "Why did passenger numbers rise after privatisation" question.

Decision to quit my first proper job, there were nice people but I was undervalued and one particular workplace bully who really made it a terrible experience.

Spare me the voice of dull centrists who rant about "cranks"

Just looked up the rent on a 3 bed family home in Aylesbury (to pick a random place). Rents start from £1400pcm, a median £39k salary gives a net of £2635/month. So rent alone gobbles over 50% of the bills.

Perhaps this will wake up all those middle aged journalists who want to screw over the triple lock to save themselves from taxes. Be careful of what you wish for chaps.

Really not that much, I'd miss the debug tools in Visual Studio I guess, but that's pretty niche.

FPTP is like The One Ring of politics in the UK. They know they need to destroy it, but once it's in their hands they think "Why shouldn't we keep it? We can use it for good!" and then everything goes dead-Boromir-shaped

There's possibly a time this psychopathic calculation worked. Even if it did, it would be morally questionable. In any situation where inflation is not due to excess demand (which I think our current situation is). Our policies of choice actively do harm.

The thing about a "bigger debate" or "being more radical" is that as a politician it's easy do do this. You just start saying more radical stuff like "I think it should be illegal to own more than one house" or "we need to move to a 4 day week"

Did anyone apart from Tom from MySpace choose #1?

Simon Heffer, has a kind of posh drawling cadence similar to Jacob Rees-Mogg. It's one that doesn't scream "massive scammer" to me, which I feel is failing of our culture. We need more dodgy fictional scammers with that kind of slow, posh drawl.

Andy Burnham wins a by-election, then wins the Labour leadership. Then he somehow turns around an incredibly unpopular government in a very short space of time before going on to win an election and saving democracy. I think I see a flaw or two in this plan.

I am really confused as to why treasuries are so high at the moment, investing elsewhere seems like a massive risk.

So Josh Simons was the guy behind that "digging up dirt on journalists" scandal so my theory is that McSweeney and co threw him under the bus there and now he's out for revenge.

Really don't like this kind of gotcha. Who the fuck cares if the guy does porn, the problem is his party's policies.

Pretty sure the "Stop Jeremy Corbyn getting nominations" rule changes are gonna give us a terrible Labour leadership contest.

Am I an MMTer? - I don't think it's necessary Spending = Taxes + Borrowing - I think there's a lot of spare capacity in the economy - I think the government should run a more fiscally loose policy - I think the BoE should be more dovish on inflation and also intervene to lower bond yields.

Boo.. Starmer sucks... we want Al Carns!

Random thought with what I now know about Zack Polanski and his CV (thank you British media). But he seems to fit the profile of a typical millennial, he's experienced the same financial precarity that so many have had to endure and that's been a huge influence on his politics.

On the Zack Polanski houseboat council tax thing: - Neidle is not neutral, he's part of Labour's rightwing headbanger faction. - His interpretation of the law would seem to open up a massive can of worms about liveaboard boats - Opening this can of worms to gotcha a politician isn't a great look.

Feel that any move from Neoliberalism will ultimately involve huge changes to banking and who is allowed to borrow and what institutional investors are allowed to invest in. We need to take the investment money out of housing in a major way.

The bond markets having a huge huge preference for Streeting reveals more about the nature of fund managers than anything else.

Main take I have here is that large numbers of people don't even engage their brain for more than a microsecond when thinking about immigration.

Ed Miliband arrives at Downing street stood atop a tank, its tracks stained in the blood of his crushed opponent Wes Streeting. He dons his shades and gives a speech of just 4 words to the assembled media. "Let the chaos begin!"

I hate lawyers, terrible profession full of terrible people.

Starmer's resignation is not enough. What needs booting out is the politics he represents: corporate greed, anti-migrant rhetoric and endless war. My piece for Tribune. tribunemag.co.uk/2026/05/star...

As I went through this thread, I kind of lost track of what he was trying to do in the first place. Really feel that.

Didn't realise that Dan Neidle guy was part of the worst Labour faction, but so much stuff falls into place knowing that.

Have heard mention of Michael Foot, have come to believe that he was treated very badly by history. He had to contend with the Falklands and the SDP split and the 1983 manifesto really doesn't deserve that oft repeated Chris Mullin quote.

Just a bad idea, It gets the treasury involved in currency speculation, which is very much not its job. If you've got a problem with the bond market, then pretty soon you're going to have a problem with your currency. And if that happens that Euro denominated debt is going to be a disaster.

Doesn't really explain the closures of bars, pubs and nightclubs though.

Just send the Independent commissioned a piece by Nicole Lampert on the antisemitism/zionism discourse. That's basically the media pouring petrol on this fire.

Good little thread here

Years ago in the world of political blogs there was a blogger who pretended they were Luke Akehurst (my phone heard Luke A. Cursed). I remember them once writing in jest how Labour should triangulate, to the level of the BNP if necessary. That's now pretty much Labour's position.

Aside from all the reform wins I'm seeing everywhere locally, the other thing I'm noticing is that the Greens are coming second.