Derek

Derek

@rtisticali4nian.bsky.social

It's better to be a smartass and a badass than a dumbass.

1.5K followers492 following545 posts

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Lucid Motors@lucid-motors.bsky.social

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Populist rhetoric promises to defend the working class against entrenched elites, but alliances with ultra-wealthy financiers expose the con: culture wars are waged for the base, while real policy delivers #deregulation and tax shelters for the #oligarchy. #AI is accelerating the divisions. #econsky

Trending Finance@trending-finance.bsky.social

Banks binge-hire AI agent wranglers. #econsky

Checks and balances fail when partisan gain trumps systemic norms. Strongman rule inherently frames independent judiciaries, regulatory bodies, civil service, and a free press not as constitutional guardrails, but as illegitimate roadblocks to a leader's will. #Ukrainians #Russians Americans suffer.

Kate from Kharkiv@kateinkharkiv.bsky.social

Journalist to Hegseth: “Mr. Secretary, are you Vladimir Putin’s puppet on Ukraine? Mr. Secretary, is Vladimir Putin playing you like a fiddle?” Good job, Britain! That’s how it’s done. Video: Sky News

When populist strongman politics merges with religious narratives of good versus evil, it becomes a permanent theological #belief. Leaders are no longer judged on policy efficacy; questioning them becomes synonymous with apostasy or betrayal. @profgalloway.com and @governor.ca.gov know this is true.

Scott Galloway@profgalloway.com

The government has essentially become an agency for the transfer of wealth from the lower and middle classes to the wealthy.

Affective Polarization & Tribal Epistemology: Once political affiliation becomes central to personal and social identity, info processing ceases to be empirical. Other news sources are rejected by default. Republicans and their media empire become the sole arbiters of truth. Trump defines opponents.

Radio Free America@radiofreeflorida.bsky.social

Welcome to a “FREAKariffic” edition of the MAGA Minute! Today, Trump warns that if VEGAN Talarico is elected, trans celery will be allowed to use lettuce bathrooms. #RadioFreeAmerica #politics

Systemic justifications and sunk-cost rationalizations follow transactional justification deals. Dissonance forces followers to reconcile their morals with harmful Republican actions. Rather than rejecting the leader, they reframe the behavior as righteous warfare against an illegitimate opposition.

Nate Silver Tweets@natesilver538bot.bsky.social

In theory, you should learn more as the election approaches. But in practice, the discussion often gets dumber in the final 3 weeks. Particularly in elections when the polls aren't changing much. Original post

#Trump voters have always excused flawed, illegal, or unethical actions as a necessary price for decisive results. The rationale is purely instrumental: "He is doing what needs to be done to protect our way of life". They trust the process, but do they still like the results? What are voters facing?

Nate Silver Tweets@natesilver538bot.bsky.social

Big runup in oil futures over the past week. Gas prices have stabilized/declined a bit but are lagging relative to oil. This is what may be facing voters as they go to the polls on Nov. 3. Original post

Derek reposted

Elon Musk is the top political donor of this midterm election, a report shows. Our reporter Theodore Schleifer explains how Musk, the world's richest man, came back from a brief rift with President Trump and Republicans to become a central player. trib.al/8zaFISN

Derek reposted

American automakers like Ford are choosing California's top talent and workforce to develop the next generation of zero-emission vehicles. And with nearly 12,000 Californians already claiming our new instant rebate to switch to electric vehicles, it's a win-win for the Golden State.

"There is no passion to be found playing small - in settling for a life that is less than the one you are capable of living.” Nelson Mandela Revolutionary and Former President of South Africa

#Crime #NationalSecurity #UnitedStates

HeyDay News@heyday.news

Bank of America admitted willful Bank Secrecy Act violations after missing or delaying reports on more than $5 billion in suspicious activity. Civil penalties and a sanctions settlement total more than $1.21 billion. #BankOfAmerica #BankSecrecyAct

Derek reposted

Tapper: "How worried are Republicans about Paxton losing? Well, we've apparently reached a brand new campaign stage where the VP is insinuating that the Texas Democratic Senate nominee, James Talarico, is gay ... not exactly the sign of a party convinced they can win on their record or ideas"

Derek reposted

Trump declared an energy ceasefire between Russia and Ukraine. So now, Russia is bombing Kyiv’s energy system with missiles, plunging the city into a complete blackout, while Ukraine isn't bombing Russian oil refineries. Very interesting, very cool.

"Do the difficult things while they are easy and do the great things while they are small. A journey of a thousand miles must begin with a single step." Lao Tzu Chinese Philosopher

Derek reposted

While your time as Ambassador to Greece may be coming to an end, our investigation has not. We have asked you a series of questions, and we look forward to your responses.

Derek reposted

BREAKING 🚨: Housing Market Home Sellers now outnumber Home Buyers by the largest margin ever recorded 🤯 👀

Derek reposted

20% of Families have fallen behind on loan payments, the highest level since the run-up to the Global Financial Crisis 🚨🚨

Derek reposted

DHS claims the man ran in front of their SUV. You be the judge.

Aaron Reichlin-Melnick@reichlinmelnick.bsky.social

The @houstonchronicle.com posted this video and it's pretty jarring. No matter that he was fleeing, law enforcement officers may not use deadly force on someone who poses no significant risk of death or serious injury to others. Deliberately hitting someone with a car is a use of deadly force.

"Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it." Oprah Winfrey American Media Mogul and Actress

#FoxNews needs voters to believe cheaper gas is on the way and that's great, isn't it? #AmericaFirst #Diesel

Nina Jankowicz@ninajankowicz.com

RUSSIA TARGETED A BUS FULL OF CIVILIANS AND MULTIPLE APARTMENT COMPLEXES THIS WEEK ALONE. Maybe the ingrate is the guy who made the decision to fund that terrorism by purchasing oil in a last ditch attempt to boost his poll numbers?

Ego vs. Solvency: Trump refused to sign it because he doesn't give a damn about affordability. Price cuts are rarely calm recalibrations; they are identity concessions. For discretionary sellers, a price cut sparks resentment; for leveraged sellers, it marks the creeping dread of equity evaporation.

This Was News 🤖@thiswas.news

#ThisWasNews three months ago: A major housing bill is set to become law at midnight — even though Trump says he won't sign. #housing #Trump See what else was news. Reply to comment publicly or say 'remind me in 30 days'

Denial Yielding to Capitulation: Initial weeks of selling are spent #blaming seasonal slowdowns, bad weather, or buyer timidity. When the 90-basis-point weekly jump hits, reality forces a painful pivot in the minds of sellers from stubborn #hope to defensive #panic. #Mortgage #October

Philipp Maier@pmaier1971.bsky.social

The average rate on a U.S. 30-Year Fixed Rate Conforming #mortgage on 08 October was at 7.424%. Relative to the prior week, the rate has increased by about 0.04 p.p. #mortgagerates #econsky

Why does this matter to you? Loss Aversion & the "Paper Loss" Trap: Price cuts trigger the endowment effect. Sellers mentally anchor to their peak list price (or their neighbor’s 2022 high), viewing a reduction as an active loss of personal #wealth rather than a correction of an overvalued guess.

Carl Quintanilla@carlquintanilla.bsky.social

PARCL LABS: “.. 43.3% of all US homes for sale are now undergoing price cuts. This is up 93 basis points since Wednesday. This is up 20% since April.”

Derek reposted

“Let me dedicate this award to all of the survivors of international crimes as well as to practitioners and defenders of international justice whose passion and courage continue to ensure that impunity will not be allowed to reign.” Navi Pillay, 2026 Nobel Peace Prize

Derek reposted

I’m so f*cking sick of the corruption in this administration. Trump’s ambassador to Greece, Kimberly Guilfoyle, pressured a MAGA donor to pay off $100,000 in credit card debt while offering access to Trump officials. And she wanted it done without a paper trail. #CostOfTrumpsCorruption

"Small deeds done are better than great deeds planned." Peter Marshall American Game Show Host

Fortune @fortune.com

In a recent analysis, Investopedia estimates that a single retiree would need anywhere from about $644,000 in North Dakota to roughly $1.02 million in New Jersey to live comfortably. https://bit.ly/4jb5Ca2

Derek reposted

Derek reposted

PIMCO: “.. is 2026 the new 2006? .. the last real midterm wave election was in 2006. .. the political environment is tough – and seems to be getting worse – for Republicans. .. clients are increasingly asking us about a wave and various implications ..”

Derek reposted

Replying to @carlquintanilla.bsky.social

“.. we expect higher rates to subtract about 0.2pp from GDP growth in 2027, leaving the economy still growing close to our 2.3% potential growth estimate. If current rates persist instead, we estimate the drag would rise to slightly over 0.5pp.”

Derek reposted

GOLDMAN: High rates “have revived fiscal sustainability concerns. The large primary deficit remains the main driver of the debt-to-GDP ratio, but persistently higher rates would boost interest expenses and push the ratio up faster—raising the odds that deficit reduction becomes necessary sooner ..”

When Republicans at the campaign rallies cheer on the evil attacks against Californians, we see their true colors. We see their hatred. We hear their schadenfreude, and we witness their evil intentions. Voters and future generations are paying attention to this Republican party. They can't stand it.

Carl Quintanilla@carlquintanilla.bsky.social

“.. San Diego is not collateral damage,” San Diego Mayor Todd Gloria posted. “We are not expendable. And we are never a ‘small price to pay.’ Keep our city out of your reckless war talk.” @latimes.com www.latimes.com/california/s...

To protect Republicans from the voters who could soon make them unemployed, Congressional Republicans are bringing out their strongest "plans" yet for the upcoming elections. Republicans need to get as much money, power, and control over the elections as possible while redefining election integrity.

Anna Bower@annabower.bsky.social

Ed Martin says that Tina Peters met with Trump in the Oval Office today to discuss election integrity and “the plans” for the upcoming midterms elections.

While debts and deficits are driven by lower and lower taxes on the wealthiest and higher borrowing costs for out of control spending by the Trump Administration, Republicans are feeling super confident in their power and control over government. They are determined to never let Democrats win again.

Carl Quintanilla@carlquintanilla.bsky.social

(FT) - A sharp sell-off in US government bonds is starting to reverberate across corporate America, forcing companies to overhaul their borrowing plans and even raising the spectre of defaults among the most lowly rated businesses. @financialtimes.com www.ft.com/content/7c7c...