Gallimaufries

@gallimaufries.bsky.social

I’m VERY slowly settling in here. Maybe I’ll hang up my hat and stay for a bit OR maybe I won’t, but for now please know that I’m going to be all over the place topically. Buckle up! (Clifford Brown in the pfp)

Cynthia Cooper is one of the greatest whistleblowers in history. Humble, caring, and unwilling to bend in the face of moral bankruptcy. A true hero. I wish we had 100 Cynthias right now, people willing to call out the books at crypto, prediction market, and AI companies. Alas

Cas Piancey@cascoinfoundation.org · last yr.

Here’s the most important interview I’ve ever conducted with Cynthia Cooper, the WorldCom whistleblower. Now, more than ever before, if you can play a role in hindering corruption, vice, and fraud, it’s your patriotic, God-given responsibility to do so, just like Cynthia. youtu.be/NvctxHA20Qk?...

This is simply Trump's authoritarian impulse, along with his self delusion that he can make deals. The 20%? Plucked from air! And should he 𝒆𝒗𝒆𝒓 get a chance to make this fever dream reality, it would be different rates for different countries, depending on his current hemorrhoid pain threshold.

Catherine Rampell@crampell.bsky.social · 3w ago

A 20% charge would work out to about $32 million for a fully-loaded very large crude carrier at current oil prices. That’s far higher than the tolls that have been charged by Iran, which have previously been described as reaching $2 million www.bloomberg.com/news/article...

Remembering Amedeo Modigliani on his birthday 🎂 📷 Anonymous; in his atelier on rue Ravignan, 1915 "He is the prototypical handsome, promiscuous, inebriated, pugnacious, misunderstood, tragically ill, impoverished, vulnerable, gifted & short-lived exemplar of la vie de bohème." - Michael Kimmelman

The painter sits in his studio smoking a cigarette.

...tax evasion in its MANY varieties, campaign finance violations, fraud against public procurement. What else? Create a bounty program. Reports leading to conviction get larger of $10K or 5% of damages. Such cases are tough to prosecute. People who help do socially valuable work.

Public and private corruption, wage theft, environmental degradation, discrimination, insider trading, workplace safety, union suppression, sexual harassment, price fixing, telemarketer scams...

One of the most interesting passages in the minutes for the Fed's June meeting: Only a few participants thought rates were restrictive—and slightly restrictive, at that. The minutes framed the committee's divide as over outlook uncertainty, not the usual disagreement over tactics.

Fed Officials Flagged Risks That Would Warrant Higher Rates

More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh’s first meeting, minutes released Wednesday showed.

wsj.com

For decades, the Federal Reserve's communications policies have trended steadily towards more openness. New chair Kevin Warsh, at his first press conference, has moved to reduce transparency instead. But by dropping guidance to investors, he risks more volatile markets. apnews.com/article/wars...

Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it…

apnews.com