Jim Kane
@kanejim.bsky.social
Please send me evenings and weekends.
thisisfincap.substack.com
thisisfincap.substack.com
Reposted by Jim Kane
January 8, 2026 at 2:21 PM
fiscal mutualism lives?
Fast-tracked New Jersey bill would tap public employee pensions to help Mercer County towns leave Trenton Water Works • The Jersey Vindicator
Towns could leave the struggling water utility and start their own by borrowing money from the pension system
jerseyvindicator.org
January 8, 2026 at 8:37 PM
fiscal mutualism lives?
Reposted by Jim Kane
Vigil for Renee Good tonight in Philadelphia:
January 8, 2026 at 7:22 PM
Vigil for Renee Good tonight in Philadelphia:
January 8, 2026 at 2:21 PM
Reposted by Jim Kane
Jacob Frey: "To ICE -- get the fuck out of Minneapolis"
January 7, 2026 at 6:40 PM
Jacob Frey: "To ICE -- get the fuck out of Minneapolis"
“Shares of Blackstone Inc. fell by as much as 9.3% on Trump’s housing comment.”
Trump to Target Institutional Purchases of Single-Family Homes
President Donald Trump said he would move to ban institutional investors from buying single-family homes as part of a push to address housing affordability.
www.bloomberg.com
January 7, 2026 at 6:13 PM
“Shares of Blackstone Inc. fell by as much as 9.3% on Trump’s housing comment.”
“In the two auctions the price floor/cap was in effect, it reduced capacity costs by $13.1 billion, according to the market monitor’s estimate. The mechanism has expired and won’t be used in PJM’s capacity auction for the 2028/29 delivery year that is set to be held from June 30 to July 4.”
Data centers were 40% of PJM capacity costs in last auction: market monitor
Data center forecasts — beyond existing data centers — made up 45% of the $47.2 billion in capacity costs in PJM’s last three capacity auctions, according to a report by Monitoring Analytics.
www.utilitydive.com
January 7, 2026 at 6:08 PM
“In the two auctions the price floor/cap was in effect, it reduced capacity costs by $13.1 billion, according to the market monitor’s estimate. The mechanism has expired and won’t be used in PJM’s capacity auction for the 2028/29 delivery year that is set to be held from June 30 to July 4.”
Man, can’t I even finish my coffee first?
US attempts to seize Russia-linked tanker in Atlantic ft.trib.al/zQv4CKO
US attempts to seize Russia-linked tanker in Atlantic
Move follows failure of previous bid to capture vessel off coast of Venezuela
ft.trib.al
January 7, 2026 at 1:12 PM
Man, can’t I even finish my coffee first?
Reposted by Jim Kane
Y’all look like you a need a break from the news cycle. Why not read our new Bulletin on the how the financing of the AI boom is shifting from cash flow to debt financing!?
www.bis.org/publ/bisbull...
www.bis.org/publ/bisbull...
Financing the AI boom: from cash flows to debt
www.bis.org
January 7, 2026 at 12:27 PM
Y’all look like you a need a break from the news cycle. Why not read our new Bulletin on the how the financing of the AI boom is shifting from cash flow to debt financing!?
www.bis.org/publ/bisbull...
www.bis.org/publ/bisbull...
“Then what the f— would be an invasion?” asked one anonymous client in a post on the Polymarket website, calling the company “Polyscam.”
Online fury as betting market Polymarket denies any Venezuelan invasion
If this isn’t an invasion, what is?
www.marketwatch.com
January 7, 2026 at 12:49 AM
“Then what the f— would be an invasion?” asked one anonymous client in a post on the Polymarket website, calling the company “Polyscam.”
Reposted by Jim Kane
From an email to one of our faculty members....
Not even Plato can escape censorship at Texas A&M!
Not even Plato can escape censorship at Texas A&M!
January 6, 2026 at 8:15 PM
From an email to one of our faculty members....
Not even Plato can escape censorship at Texas A&M!
Not even Plato can escape censorship at Texas A&M!
Reposted by Jim Kane
More, please.
Rhode Island Eyes Tax on Rich to Counter Trump Policies
Rhode Island Governor Dan McKee is warming to the idea of a tax on the wealthy as one way to bolster the state’s resources after a particularly turbulent year for its economy.
www.bloomberg.com
January 6, 2026 at 2:26 PM
More, please.
Ludo Phalippou on the Wild West of private equity data...
Navigating Private Equity Data: A Critical Review of Key Sources
This paper provides a comprehensive overview of the main data sources used in academic research on private equity. It reviews the strengths, limitations, and co
papers.ssrn.com
January 5, 2026 at 12:53 AM
Ludo Phalippou on the Wild West of private equity data...
Reposted by Jim Kane
AUSTRALIA: Union calls for end to tax breaks that make Australian housing ‘a vehicle for hoarding wealth’ www.theguardian.com/australia-ne...
Union calls for end to tax breaks that make Australian housing ‘a vehicle for hoarding wealth’
Manufacturing workers union wants capital gains tax discount to be reduced and then phased out and an effective end to negative gearing
www.theguardian.com
January 4, 2026 at 12:32 PM
AUSTRALIA: Union calls for end to tax breaks that make Australian housing ‘a vehicle for hoarding wealth’ www.theguardian.com/australia-ne...
Reposted by Jim Kane
We join the international labor community in condemning President Trump’s unconstitutional actions in Venezuela.
www.ituc-csi.org/ituc-tuca-ve...
www.ituc-csi.org/ituc-tuca-ve...
January 3, 2026 at 8:02 PM
We join the international labor community in condemning President Trump’s unconstitutional actions in Venezuela.
www.ituc-csi.org/ituc-tuca-ve...
www.ituc-csi.org/ituc-tuca-ve...
“Climate change appears to be contributing to more frequent and severe migraine flare-ups by amplifying environmental conditions that are already known triggers such as higher temperatures, wider temperature swings, worsening air quality, and changes in barometric pressure...”
What's behind the mysterious rise of migraines? Scientists are uncovering new clues.
Weather patterns such as extreme heat and storm conditions have been linked to migraine attacks, and research shows those environmental conditions are becoming more common.
www.nationalgeographic.com
January 3, 2026 at 8:12 PM
“Climate change appears to be contributing to more frequent and severe migraine flare-ups by amplifying environmental conditions that are already known triggers such as higher temperatures, wider temperature swings, worsening air quality, and changes in barometric pressure...”
An otherwise awful morning, but at least I know I won’t see Summers at ASSA today.
January 3, 2026 at 1:51 PM
An otherwise awful morning, but at least I know I won’t see Summers at ASSA today.
Reposted by Jim Kane
Of all the ways in which crypto is a scourge, this is the most bonkers.
2025, year when brutal home invasions to steal laptops and crypto wallet passwords surged.
2025, year when brutal home invasions to steal laptops and crypto wallet passwords surged.
Crypto Thieves Move Offline to Terrorize Investors at Home
Rising prices and the irreversible nature of crypto transactions have led to a surge of brutal home invasions and kidnappings.
www.bloomberg.com
January 2, 2026 at 7:43 PM
Of all the ways in which crypto is a scourge, this is the most bonkers.
2025, year when brutal home invasions to steal laptops and crypto wallet passwords surged.
2025, year when brutal home invasions to steal laptops and crypto wallet passwords surged.
Sounds like a company who’s CEO needs another $1 trillion compensation package.
Tesla sales dropped for the second year in a row.
Tesla Sales Drop for Second Year in a Row
The end of a U.S. subsidy for electric vehicles dented the company’s fourth-quarter numbers.
on.wsj.com
January 2, 2026 at 2:19 PM
Sounds like a company who’s CEO needs another $1 trillion compensation package.
“Weaker appetite for long-dated debt could also complicate European governments’ efforts to fund higher defense and other public spending by ramping up bond sales. Some sovereign issuers, including the Dutch, have indicated they will gradually tilt borrowing toward shorter-dated bonds…”
How Dutch Pensions Overhaul Is Rippling Through Bond Markets
The Netherlands is overhauling its pensions to adapt to an aging population and a labor market where people no longer remain with the same employer for their entire working lives.
www.bloomberg.com
January 2, 2026 at 12:28 PM
“Weaker appetite for long-dated debt could also complicate European governments’ efforts to fund higher defense and other public spending by ramping up bond sales. Some sovereign issuers, including the Dutch, have indicated they will gradually tilt borrowing toward shorter-dated bonds…”
Reposted by Jim Kane
The era of big government been here for a while, news is Mamdani is trying to wrestle the state from the grubby hands of capital
Key passage in Mamdani's speech: "To those who say that the era of big government is over I say we will govern expansively and audaciously." Strong pledge to recuperate the transformative power of politics and rebuild interventionist political institutions.
January 1, 2026 at 9:31 PM
The era of big government been here for a while, news is Mamdani is trying to wrestle the state from the grubby hands of capital
Reposted by Jim Kane
Mamdani arrives to his mayoral inauguration at City Hall in a motorcade of NYC taxi cabs—workers he went on hunger strike with in 2021.
January 1, 2026 at 5:05 PM
Mamdani arrives to his mayoral inauguration at City Hall in a motorcade of NYC taxi cabs—workers he went on hunger strike with in 2021.