Lary Doe
@larydoe.bsky.social
Behavioral Economist, Runner, 🐈Servant, Husband to a Strong Woman. ProgRock Enthusiast. GO BLUE DEVILS!!!
Curious about the Federal Reserve Reno plans? www.ncpc.gov/projects/8113/ The water feature that Trump is SOOOO concerned with 👇🏻 Flower beds? The non-existent Roof-top Garden? There are detailed photos and sketches of everything.
Not once did they say "tax". FoxNews is responsible for the dumbing down of America. Not a single one could have passed my Freshman Econ class. *They just repeat the lies with a smile on their lips.
I know this might get me in trouble... You have to watch the Trump PSA from South Park!!! *it's about halfway in, but you need the buildup for context.
The PSA contains synthetic media | South Park
YouTube video by South Park Studios
youtu.be
Epstein lunchtime thought- Your 16-yr old daughter disappears for days at a time, and you don't ask many questions? "How'd you get money/clothes/whatever?" Feels like a question I'd be asking the victim's parents...
Lumber as of 9 a.m. EDT. Add in 9% passthrough due to Tariffs on Canadian products. 25% on the stuff coming from Baltic region. Mills in Pacific NW are running at reduced capacity for maintenance. Housing affordability becomes harder when the Gov. places barriers to pricing.
The messaging creep on the Epstein files is getting worrisome. Hearing Neera Tanden throwing Merrick Garland under the bus is deeply concerning. Blaming pendulum swing policies between Trump 45 and Biden as a culprit? Now we wait and wonder who has something additional to spew?
Pop Culture to a hit this week... Ozzy Malcolm Now Hulk Growing up in the 70's-80's, these guys were everywhere.
Legendary wrestler Hulk Hogan dead at the age of 71, WWE says | CNN
Professional wrestling legend Terry Bollea, better known as Hulk Hogan, died on Thursday at the age of 71 at his home in Clearwater, Florida.
cnn.com
Today's hero... She knew exactly how to reach his weakness by showing her strengths.
Just a reminder that the House of Representatives takes 160 days for recess. That's 147 days they are in session!? Please, tell me more about waste, fraud and abuse.
The Chair of the Federal Reserve has a 4-year term to increase the dialogue between it and Congress. 2x a year testimony before each chamber. And because over on the "Dumb Place" they think Powell makes $Millions... $250K, an SES2 pay scale for the GS aware!
Federal Reserve Reform Act of 1977
Signed by President Jimmy Carter in November 1977, this amendment to the Federal Reserve Act was instrumental in shaping the current Fed.
federalreservehistory.org
@elerianm.bsky.social is unfortunately drinking the Cool-Aid. Continued promotion of the idea Jay Powell or the Federal Reserve should be party to any political influence is foundationally incorrect. Bessant, Trump, Liz Warren... none should be "insisting" on policy.
Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the Wall Street consensus.
cnbc.com
Revenue from the Federal Estate/Gift Tax was $34B in 2023. Retirement funds and Homes make up the majority of assets. Homes, post-tax dollars. Retirement varies by composition of asset. My point is these types of taxes can lower generational wealth being transferred or destroyed.
It was really disheartening to listen to a @marketplace.org podcast, "Financially Inclined", that undermined the expertise of Ph.D. holders. Not a specific person, but saying that only those who have attended Medical School deserve the title Dr.? Odd statement. May rethink my next donation.
Rep. Anna Paulina Luna can go F*ck herself with whatever rusty implement is close by!
Fed Chair Jerome Powell hit with criminal referral by House GOP Trump ally
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and in communications with the Office of Management and Budget.
foxnews.com
Lessons from Karate Kid Legends? Women are set pieces with no agency. They only make "bad decisions". (Must be saved by "hero", even Mom!) The "Bad Boy" has no adult telling him he doesn't own women. #ToxicMasculinity gets re-enforced by these stupid tropes.
Well Donald... This is the point Economists will say begins the full effect of your economic choices. It's now all you, not Biden, not Obama(?). Can't hide from your choices...
Sunday Data Point - #Medicare Payments Calculating the payments back to States from the Federal doesn't include Medicare. 2023 data shows CA outpacing receipt of payments by $10's of Billions over other States. For those arguing CA net-payer status? It's not quite what people argue.
This 👇🏻 is why checking your sources for data is important. While the headline numbers are accurate, the current Administration is opting to hide methodology to create a narrative. *Those worried about Government Reports? It's still good data, but the "news releases" are the questionable stuff!!
Checking Trump admin claim native-born workers accounted for all job gains in first half of 2025
The Department of Labor's graphic used non-seasonally adjusted data.
snopes.com
Epstein "Client List" Thought - I know my former boss's name is in Epstein's phone book, like many who could pull some string. Those individuals, the ones who donated money to a legitimate cause 25 years ago, shouldn't be dragged for things they didn't know. Seek justice, just be careful.
Stephen Colbert is a nice guy, let's start there. But at $15M and the kind of numbers late night shows pull in, this is a dying medium. Podcasts draw a large number of the same guests and in a more timely fashion. (unless pushing movie/show) NBC/ABC are going to watch this closely.
Late Night Ratings Revealed: Who's Top & Who's Lagging Behind?
One host has made huge gains year-on-year.
tvinsider.com
Fed Gov. Chris Waller assumes a perfect distribution of Tariff split - 1/3 Manufacturer, 1/3 Importer, 1/3 End Customer being a 1 time increase. In a lab or book, absolutely correct... but It ignores competitive advantages and imperfect pass-through, where not all are equal. 1/2👇🏻
Seriously Comcast? Even with TVs using the streaming app (it's slow garbage that lacks functionality), the bill is getting abusive. *Don't care about local sports, but for "reasons" I'm stuck paying for them.
OK, what are people buying? Is the higher income cohort carrying the economy? Unemployment is steady at 4.1%. All the data supports NO cut in Fed Funds Rate in July.
I'm disappointed in society today... at least portions of society.
I only know @jessicabriedl.bsky.social through her writings. They're well-researched and her conclusions backed by data. Reading her recent experiences with "people" attacking her, simply for being #trans, is upsetting. As it is when read about others... It shouldn't be this way.
Jessica Riedl@jessicabriedl.bsky.social · last yr.Recently, I was subject to an aggressive harassment & slander campaign that began on Twitter, spilled over to major radio shows & podcasts, and led to a major right-wing website doxing my kids. The death threats were a cherry on top. www.jessicariedl.blog/p/when-the-o...
Core CPI is up 2.9% Y/Y. Airline and Hotel pricing is falling, lower demand. There has been some normalization of pricing since Covid. Overall volume of retail sales is lowering. Consumption down alongside price creep. The tariff inflation still isn't in the data, by September?
👇🏻This lacks a basic understanding of how campaigns work. The issue needs to be limiting the calendar days, ad spend and maybe not piss away money on 2000 consultants? It's an industry in and of itself with no benefit. If they weren't campaigning, then they'd have to do their jobs!
End Citizens United@endcitizensunited.bsky.social · last yr.Corporations aren’t people, money isn’t free speech, and we need to End Citizens United. Repost if you agree.
Fiscal Dominance - Federal Reserve versus Government in a game of Chicken. Central Bank can't respond in a way Trump wants. Trump can't stop increasing Federal Deficit. As they said in Highlander "There can be only One!" Rates will need to stay high until inflation effects of tariffs show in data.
