Greenland Energy has lost half of its share value in the last five days. Turns out investors are not bullish on companies that claim they can go into other nations and take their resources.
Nick M. Velli
@archroadkill.bsky.social
I am shuffling through the Texas sand but my head's in ... none of your business.
Paul Krugman explains that the crack price of oil HAS gone up as much as you'd expect. paulkrugman.substack.com/p/why-isnt-t...
When firms aren’t allowed to hire low-skill foreign workers, they don’t hire more Americans. They produce less, invest less, and shrink, with the sharpest effects in rural areas, say researchers at @jhu.edu and @dartmouthartsci.bsky.social. #econsky www.aeaweb.org/research/imm...
Winning the visa lottery
Evidence from a US government lottery shows that restricting foreign low-skill workers shrinks businesses without creating jobs for Americans.
aeaweb.org
Mamdani: "If a New Yorker looks at what ICE is doing and wants to see more of it, they should vote for Bruce Blakeman, who has created his own militia in Nassau County. If they look at what ICE is doing and they are shocked by the inhumanity and cruelty, they should vote for Gov. Kathy Hochul."
BREAKING: The Treasury Department has officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN.
Charles Kushner got a pardon for tax evasion & witness tampering, then an ambassadorship to France. His son is now buying the Lakers for 12.5 billion dollars and calling it stewardship. Proximity to this White House remains the highest-yielding asset class available. www.rawstory.com/joshua-kushn...
Lakers fans fume over Ivanka-kin takeover: 'Entire country is being strip mined'
Los Angeles Lakers fans are in open revolt after reports that the storied franchise is being sold to venture capitalist Josh Kushner — brother of President Donald Trump's son-in-law Jared Kushner — an...
rawstory.com
Funny how no one asked russia to halt strikes on Ukrainian civilians.
SHOCK REPORT: Desperate sailors aboard the USS Abraham Lincoln have tried to jump overboard amid an extended Middle East deployment, as families sound the alarm over severe mental health struggles, exhaustion, food shortages, water contamination, deteriorating conditions, + more, per Military Times.
Multiple USS Abraham Lincoln sailors have tried to go overboard amid extended deployment, families say
Multiple sailors aboard the USS Abraham Lincoln have attempted to go overboard as the carrier's deployment stretches into its ninth month.
militarytimes.com
Finished our journey as Chancellor & got re-elected. Come on! 🗳 'Can You Run The Economy?' by @joemayes.bsky.social is a great book for students or anyone with an interest in economics. It always offers up both sides in the decision making process, which helps your learning. Loved it. #EconSky
#EconSky: Do you find yourself arguing over the true state of the US economy? Do you wish you had easy access to a bunch of basic stats on hand? And maybe some indication of where the economy is headed? Check out usbarometer.com
US Economy Barometer: Jobs, Prices, Wages & Debt in Simple Graphs
Forecasts of US inflation, unemployment, GDP growth, and wages, plus simple graphs of jobs, prices, housing, pay, and consumer sentiment — updated monthly from official sources.
usbarometer.com
Exclusive: U.S. forces fired on a Panama-flagged ship after it attempted to break the American blockade of Iranian ports.
U.S. Fires on Ship Breaking Its Blockade of Iran
A U.S. military helicopter fired at a Panama-flagged ship after its crew ignored warnings from personnel working to enforce the naval blockade of Iran’s ports.
on.wsj.com
California has the chance to rein in out-of-control corporate power — but Big Tech is spending millions to stop the plan. Here’s what you need to know.
The U.S. Healthcare System is Already Mostly Socialized And there's nothing radical about wanting to end insurance company parasitism.
The U.S. Healthcare System is Already Mostly Socialized
And there’s nothing radical about wanting to end insurance company parasitism
paulkrugman.substack.com
When it comes to your children’s health, listen to doctors. Not a president who once told Americans to inject bleach. The American Academy of Pediatrics’ immunization recommendations have not changed.
“‘He would get in trouble and just—nothing ever seemed to happen,’ a former Shaker Heights High School classmate and baseball teammate of Miller’s told Politico in 2021 for a story that documented no fewer than four arrests between ages 18 and 22 on criminal charges…” prospect.org/2026/08/11/m...
Max Miller’s Endless Wars - The American Prospect
The Ohio congressman fabricated a wild story of death threats on Interstate 90 and casually destroyed the life of a constituent. It’s one of many accusations Miller, now facing a spousal abuse scandal...
prospect.org
There's so much psychotic shit in this story about Max Miller, but this part of his origin story might be the weirdest
![Trump quickly came to see Miller almost as a surrogate son, in large part due to his innate talent for knowing just what nostalgic show tune at what precise moment—“Memory” from Cats, for example—would succeed at talking Trump off the ledge of an incipient meltdown. In those days, senior White House staffers would summon Trump’s “Music Man” when the president became grouchy, “so [Miller] could check on the order of the songs.”](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:cnpe7qvcyjrhm6w7w7e4atur/bafkreib5523cpqx2tdokvlcnvg4iobciskmhwdugkd43cvzmyo35ppckqe)
Sir O.D. Bastard, OBE@captainannoying.bsky.social · 3d ago“‘He would get in trouble and just—nothing ever seemed to happen,’ a former Shaker Heights High School classmate and baseball teammate of Miller’s told Politico in 2021 for a story that documented no fewer than four arrests between ages 18 and 22 on criminal charges…” prospect.org/2026/08/11/m...
🚨🚨🚨 WAYNE ALLYN ROOT: You have the right to declare a national security emergency for elections. If you do this in the next month, we will get photo ID, proof of citizenship, and a limit to mail ballots TRUMP: Let me just say stranger things have happened. I'll leave it at that
Newsom: "That $400m Qatari plane? That's not a $400m gift. It cost you $936m. That was what was appropriated as he's cutting food stamps and cutting your Medicaid. He put a billion dollars in the Pentagon budget to retrofit his private plane because that's going with him after the presidency ... "
I'll never understand the cowardice. I mean, in normal times, if you were seeking reelection, you could rationalize a bad vote by saying you had to do it so that you could have the opportunity to vote for good things later.
The Bulwark@thebulwark.com · 7d agoSen. Bill Cassidy: "I will vote for Mr. Blanche. I'll be criticized for this vote — what's new?"
But there is little activity towards that goal. As long as every single workplace has to be unionized individually nothing will happen. People also don't generally seem to be eager to unionize. Most people don't want to get into the fight themselves, they'd prefer someone to deliver the solution
Robert Reich@rbreich.bsky.social · 5d agoLook at this graph. The share of national income going to the richest 10 percent was lowest (and share to lower 90 percent highest) when union membership was at its highest. As unions have weakened, inequality has widened. This is why we must build back union power.
Trotz Massenentlassung und Werksschließungen kassieren die Aktionäre bei VW, Mercedes und BMW.
Kahlschlag in der Autoindustrie: Stellenabbau in den Werken, Sektkorken an der Börse
Trotz Massenentlassung und Werksschließungen kassieren die Aktionäre bei VW, Mercedes und BMW.
surplusmagazin.de
A guide for non-nerds on what's going on with this yen intervention. The US bares its financial weak spot Me, 300 free clicks 😘 - as.ft.com/r/3afb180b-6...
The US bares its financial weak spot
Yen intervention points to the squishy underbelly of American weakness
as.ft.com
Trump Treasury Secretary Scott Bessent said this week the K-shaped economy — the widening economic gap between the rich and the poor — is "dead." Hogwash. Not only is the K-shaped economy very much alive, even CEOs are admitting it's a problem. Watch.
Our Economy Is in Danger. Here’s Why
While corporate profits skyrocket and the stock market rides high, regular Americans are struggling to make ends meet.Ev
youtube.com
$4 BILLION. That’s how much the Trump Administration has now spent paying companies to cancel offshore wind projects that would have lowered your electric bill. Yes, you heard that right: they are PAYING to keep more energy off the grid and your bills higher.
Trump Administration to Pay RWE to Cancel Wind Leases
It was the fifth such deal struck by the administration to get companies to drop offshore wind projects.
nytimes.com
‘Wild speculative fiction has become the fuel of wild financial speculation. Grand visions of technological transformation are everywhere, and everywhere they hide realities that combine extraordinary moneymaking schemes with bizarre beliefs.’ www.ft.com/content/bdcf...
Does Silicon Valley dream of Philip K Dick?
His 1960s science-fiction visions are a guide to our age of erratic billionaires, wild space fantasies and glitchy, invasive technology
ft.com