Shut up

Shocked not shocked

I used to tell more junior colleagues who gave a second thought to opting for a seat with more legroom or getting that 4-star hotel instead of a 3-star for a reporting trip, “We paid Megyn Kelly $69 million to go away.” www.nbcnews.com/news/all/meg...

WTI sub-$70!

Waaaaaaaat the fuuuuuuuu

9 years ago, NBC gave this woman $20 million a year to host a morning talk show and be one of the top faces of its news division.

That long ball kickoff is stupid. Fight me

Antifa stole the frozen strawberries. #GIK

The quiet part out loud he said

I just can’t fathom why, Senator

The Tonkin Gulf would like a word...

I don’t know how I can still get mad about this after all this time, but it’s still mind-blowing to watch us repeatedly shoot our world-leading scientific establishment in the face

I've wasted my life...

Huh. And wow

Some thoughts on the latest actions by Secretary Hegseth and the effects on a command I know well www.thebulwark.com/p/what-happe...

The corrupt president’s corrupt son-in-law corruptly involved in US foreign policy, especially in the Middle East. That now requires a follow up: Which corrupt son-in-law corruptly using America’s Middle East policy to get money into his own pocket?

Another notable private debt fund caps withdrawals for the second straight quarter at a time when the industry understandably wants to avoid more headlines: Facing 14% in redemption requests, the Ares Strategic Income Fund is again limiting payouts to 5% #privatecredit #markets #investing #investors

Grift all the way down

“.. The math getting to 2% is quite difficult when core services inflation is running at a +4.2% annualized rate over the past 6 months.” - Schwab

PCE Price Index YoY is the highest since April 2023 at 4.1%. Remember: The Fed targets 2% annual headline PCE inflation, but it absolutely pays attention to the core rate.

May Core PCE Price Index on the money at +0.3%, +3.4% YoY, highest since Oct 2023

👇

Welcome to the "Deflation Trade." Markets are trading two shocks: (i) the rapid fall in oil prices, a deflationary impulse; and (ii) a hawkish shift in the Fed's reaction function, which is also deflationary. Real rates are up, which sends gold tumbling... robinjbrooks.substack.com/p/welcome-to...

Lame duck courage is the damndest thing, ain’t it?

Haaaaaaaaaaaahahaha

Letter from White House OMB to House Speaker: Please send.. "$87 .6 billion in supplemental funding. Most of this request will address urgent needs related to Operation Epic Fury (OEF)" I.E. war with Iran

"Lower the interest rate and you can have all the housing you want." —Donald J. Trump, Super Genius

Same

Brace for a wave of these after the Fed gave the thumbs up this afternoon. *JPMORGAN PLANS TO BOOST DIV TO $1.65/SHR FROM $1.50 PER SHARE *JPMORGAN APPROVES BUYBACK PROGRAM OF $50B

Okay, but why would Taylor Swift *want to get married at Madison Square Garden?

You’d think it would be the other way around at this point.

this is a great illustration of one of the fundamental insights of democracy — that there is no such thing as "the people" and that majorities are elusive and ever shifting. no election, no decision, is final and treating an election as a final decision is profoundly undemocratic.

Missed this yesterday. This is a must-read by @pbump.bsky.social and explains soooo much

Do you suppose anybody's told him he's only got 10 days? I'll take the under

Dear Mother, By the time you receive this letter, I hope our long hours of guarding the nation’s Reflecting Pool will be over. The camp has been struck by dysentery from the algae. I thought arresting people for no reason would prove more fun, but all I want now is to return home. Your loving son.

Convenient, seeing as how it becomes law in 10 days unless there’s a veto

for those curious, the WH is being unresponsive on the extent to which Trump is canceling the ceremony but signing later; not signing, at which point, it will eventually become law on its own; or vetoing, which the Hill could override later.

An expert — @johnismay.bsky.social — on why it’ll take a while to open the Strait Demining the Strait of Hormuz www.nytimes.com/video/us/pol...

The Secretary of Defense is actively undermining national security

We identified 17 of the 27 'grievances' in the Declaration of Independence with a contemporary analog. We then annotated those 17 grievances with quotes from federal judges across 52 court cases involving the Trump administration. The judges in their words (many referencing the Declaration itself)

Actually…

Oil tanker traffic through the Strait of Hormuz is normalizing very rapidly. Brent has fallen to $75 per barrel. Markets are betting that the US wants this thing to end at all costs and get oil prices down. That's a reasonable bet after all we've seen... robinjbrooks.substack.com/p/requiem-fo...

Great piece here from @davidmwessel.bsky.social www.nytimes.com/2026/06/24/o...

I don't think this is gonna be a Goldwater/Nixon moment.

I swear to god I thought this was fake www.snopes.com/fact-check/t...

Meritocracy something something www.theatlantic.com/national-sec...

This notwithstanding, the Secretary of Defense is still an idiot abcnews.com/Health/milit...

Typically fine column by Philip. One way to look at it is that we have a general misunderstanding of what "democracy" means. To the people studied, it means, basically, "nobody can tell me what to do," which on its face, isn't wrong: "No Kings," and all that.

Didn’t we…already know that?

Good piece