10% interest seems like a bold interpretation of the Fed's 25bps rate cut.

A role model for Congressional Dems as an alternative to the current resistance strategy of "aiding and abetting Trump's legislative agenda."

Crypto rubbing our noses into Trump's conflicts of interest - when is Congress going to shelve this crypto bill and demand some accountability? edition.cnn.com/2025/09/18/p...

You may not have heard of BDCs — leveraged vehicles for US private credit — but they're big and are growing fast. Are they a systemic risk? What could go wrong? on.ft.com/46IV6zU

In 2021, I warned that “family offices”—investment firms that manage the $ of tech titans & other billionaires—have more assets combined ($6TN) than all of private equity ($4TN). Unlike PE, the public has NO insight into where they put that money. Zero. www.nytimes.com/2021/05/18/o...

The 6c11 generic listing standards were already a dumb idea when they applied exclusively to 40 Act funds. Adopting them for 33 Act funds and not even doing it by rulemaking is reckless. SEC Approves Generic Listing Standards For Commodity-Based ETFs share.google/kNSdT77uT3hU...

Payments incumbents will use the stablecoin legislation to wriggle out of consumer protection requirements that used to apply? Inconceivable! PayPal adds new one-to-one payment links that will soon support crypto | TechCrunch share.google/7Fv5QacrkeBy...

So the Senate is going to do something in this crypto legislation to make sure the President can't profit off of transactions impacting national security, right? Right?!

Me: red-eye to France Garmin: "Unproductive"

The fundamental argument for the 2nd amendment by Kirk is the belief that if you disagree with the government enough, political violence is the appropriate alternative to the democratic process. Common in conservative circles to hear the 2nd amendment called "the reset button on The Constitution".

Political violence is atrocious and we should be recognizing a lot more violence as political violence.

Are we redeploying National Guard from DC to Utah? www.reuters.com/world/us/con...

It's ok - surely the NYT will have Bari Weiss write about this in the context of cancel culture.

The only real question is which gets us first: crypto or the private credit maturity wall.

I'm old enough to remember when the SEC called this the Division of Enforcement SEC Launches Task Force to Prevent Fraud Against Investors share.google/rbPXC3YxF6tg...

Cryptographically secure method for exchanging money 👀 decrypt.co/338516/crypt...

Remind me why the Senate needs to pass a crypto giveaway under the guise of innovation? www.bloomberg.com/news/article...

"I Hate My Audience that is Mostly Comprised of Hate Readers" by Nate Silver and Matt Yglesias. On bookshelves now.

I'm trying to think of the kindest way to say that Mayor Bowser has been less than useless during one of the biggest incursions on DC Home Rule since it was established in 1973. www.axios.com/local/washin...

Please help our ICE-abducted neighbor and his family in Mount Pleasant, DC. He's been here for 20 years and was yanked from his car last week. You can help with legal expenses and supporting his family while they try to get him back. www.gofundme.com/f/help-a-mou...

Mamdani is putting his campaign at risk by failing to follow the Democratic playbook of optimistically losing.

The crypto corruption equivalent of the observation that if they're willing to cheat *with* you, they're willing to cheat *on* you. www.coindesk.com/tech/2025/09...

Stop using drug addiction as an insult. The problems with and danger of RFK Jr. have nothing to do with his prior drug use.

Turns out federalizing local law enforcement is bad OpSec. www.reuters.com/world/us/fbi...

What could go wrong tasking AI to scrub a bunch of investment regulations for DEI terms like "diversity" or "equity"? www.theinformation.com/articles/dog...

I guess they weren't wrong that there's a failure of leadership in our city. It's just not exactly on the issue they said. www.washingtonpost.com/politics/202...

The geography of Washington, DC is *constitutionally* established as "not exceeding 10 miles square." Even before part of it was ceded back to VA, its diagonal never exceeded ~14 miles. Also, I'm not a mathematician but I think most squares don't have a radius.

Here's the thing when someone is terrible on an issue that relates to basic human rights - they're probably horrible on other issues as well. Newsom is launching a memecoin. Ha. Crypto funny. See also - sewing the seeds of Dems' own destruction. finance.yahoo.com/news/gavin-n...

Holy crap, NYT let Charles Munger Jr. write an op-ed opposing the California redistricting without disclosing that he's FUNDING the opposition to the California redistricting. I have 4 mailers he paid for in my house right now and that's just the beginning. www.nytimes.com/2025/09/02/o...

I would define Yglesiasism as the habit of issuing bad takes on policy derived exclusively from the midpoint of the Overton window and then getting dunked on by dozens of people with relevant expertise.

The idea that insurance premiums are a good way to mitigate climate risk to housing is a common misconception that, unfortunately, can obscure real solutions to the risks of climate change and perpetuate existing inequities. Why is that? Well... 1/8

Constitutional Crisis Guaranteed or YOUR MONEY BACK!

Here's what the third day of elementary school looked like in Mount Pleasant, Washington DC.

This morning: MPD and ATF conducted a massive paramilitary operation, with officers in masks and camo, in the Mt. Pleasant neighborhood of DC within 500 yards of an elementary school while neighborhood children were heading to school. On their third day of classes.

Just remembered this post from May.

In fairness, many of these servicemembers were ordered to go paint the grass green as young privates. So they have relevant experience. www.washingtonpost.com/national-sec...

I don't usually do stock picks but Subway is about make a fortune in DC with their new "Five Dollar Food Bomb" promotion.

1 - I think this a bad take. 2 - I think a "former Obama guy" is not in a great position to lecture on the Democratic party's self destructive strategy of reaching for bipartisan cooperation that is never going to come.

We're going to find out that a bunch of Trump affiliates and insiders bought a ton of CRO before the Crypto.com announcement. abcnews.go.com/US/wireStory...

Subway: The Way a Nullification Should Be

Police, including DC MPD, are part of the most powerful employee union in the United States. If they banded together to resist they would have unparalleled representation and protection. The fact they haven't makes them all culpable.

It turns out that a grand jury would not, in fact, indict a ham sandwich.

Trump threatens Fed Chair Powell Industry: apocalyptic press releases and media comment Trump threatens Fed Governor Lisa Cook Industry: silence Kinda seems like the fact she's a black woman is the difference? apnews.com/live/donald-...

Last week Treasury announced eliminating paper checks 9/30. There was already a 10 year plan - to make sure no recipients got harmed. We had already shifted 96.8% of payments to electronic under that plan. Next shoe is private stablecoin payments. www.upi.com/Top_News/US/...

People who are too cowardly to name names and live under the reputational protection of their Senate appointed spouse for 500 dollars, Alex.

I regret to inform you that consistent defense of our constitutional and civil rights means you're on team Bolton. At least, temporarily. www.thebulwark.com/p/developing...

Now would be a great time for Dem politicians to stop dehumanizing DC residents by using "Washington DC" as shorthand for government corruption and failed leadership. We're a sovereign district and using that framing is just as offensive as saying "flyover state" or "rust belt."

We could have, you know, made D.C. a state when we had the chance, @ryanlcooper.com inconveniently points out. prospect.org/politics/202...

DC Residents - if we stand 150-200 yards on both ends of an Ice Checkpoint and hold up signs notifying drivers what's ahead, they will be aware to slow down and drive carefully as they approach. We can all do our part to keep law enforcement safe.

In addition to this, return to DC public schools beginning next week. Community definitely worried they could be a target for student or family attacks.