Michael M
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aesop-tortoise.bsky.social
Michael M
@aesop-tortoise.bsky.social
Judgeship (maybe as high as SCOTUS) or very highly paid job working for some tech-bro (e.g. Musk).
January 19, 2026 at 3:59 AM
Can Trump pardon everyone involved so that no one faces justice?
December 4, 2025 at 5:33 PM
While I think NFTs will have a use in the future, I offer up this funny video making fun of NFTs:
youtu.be/ssDeqSDytHg?...
POV you bought an NFT in 2022
YouTube video by Julie Nolke
youtu.be
December 3, 2025 at 10:29 PM
Agreed. There are much better ways to tax the super rich than directly taxing unrealized capital gains. The idea you proposed is a good one. Another is to eliminate the step-up in basis loophole above a certain threshold -- say $10M or $100M.
August 24, 2025 at 5:49 AM
The key word here is "unrealized". Taxing unrealized capital gains is idiotic policy. In fact, it is almost unimplementable in practice. For instance, it can be very difficult to value illiquid assets before they are sold, like private equity, art, etc.
August 24, 2025 at 1:14 AM
I am all for billionaires paying more in taxes, including capital gains and inheritance taxes. But unless I am missing important context, I have to agree with Cuban here.
August 24, 2025 at 1:13 AM
Bond-market convulsions look extremely dangerous
www.economist.com/finance-and-...
From The Economist
Bond-market convulsions look extremely dangerous
Treasury yields and other signs of stress are flashing red
www.economist.com
April 9, 2025 at 12:53 PM
Whatever the cause, the recent movements we are seeing in the treasury market are even scarier than the movements we are seeing in the stock market. If the 10 yr treasury yield hits 5%, full-blown panic will set in.
April 9, 2025 at 12:39 PM
The sudden spikes in the 10, 20, and 30 yr treasury yields is ominous. Either someone very big was blown out, or China is dumping treasuries.
April 9, 2025 at 4:11 AM
Unfortunately, we are not going to get a 50% reduction in CO2 emissions within the next decade. It may be technically possible, but it is not politically possible. You may call this "doomerism", but it is just realism. I wish it weren't so. But it is.
April 8, 2025 at 7:17 PM
In the 2024 presidental election in the USA, even the democrats barely mentioned climate change because they saw it as a losing issue. Kamala Harris went out of her way to champion fracking. The sad reality is climate activists are losing the political war. I pray this changes soon, but I doubt it.
April 8, 2025 at 7:01 PM
I have given up hope that countries will reduce CO2 emissions this century. The rich feel they have much to gain in preserving the status quo, even if it means the world burns around them. In the last few years, climate change has figured less, not more, in elections around the world.
April 8, 2025 at 7:00 PM
If I understand correctly, that is not how it is done in Canada.

Carney was chosen by the 400,000 registered members of the Liberal Party, most of whom are not elected officials. See:
en.m.wikipedia.org/wiki/2025_Li...

In this way, the selection of Carney was akin to a mini-primary in the USA.
2025 Liberal Party of Canada leadership election - Wikipedia
en.m.wikipedia.org
April 8, 2025 at 4:20 AM
The majority of the students were not protesting in favor of Hamas. This is a lie perputated to discredit the students.

They were protesting the indiscriminate slaughter of Gazan civilians. With the exception of the USA, every major democracy has been critical of Israel's actions.
March 31, 2025 at 9:17 PM
Why do you think Trump is giving so much power to Musk. You don't think it has anything to do with his financial backing.

In our political system, there are many forms of legalized bribary that enable wealthy donors to write policy.

Another case and point: Trumps upcoming tax cuts for the rich.
March 31, 2025 at 9:04 PM
By the way, I did not say Jews. I said pro-Israel groups. They should not be conflated. Many Jews are mortified by what Israel is doing in Gaza. Some of the lead protesters on the campuses were Jewish.
March 31, 2025 at 8:59 PM
Case and point: Elon Musk, currently the biggest donor to Republicans. He seems to be getting what he wants.
March 31, 2025 at 8:54 PM
By saying this, some may accuse me of being an anti-semite (I am not). A tactic of pro-Israel groups is to accuse anyone who is even slightly critical of Israel as being an anti-semite. The reality is that the donors to our political parties dictate policy, and pro-Israel groups are major donors.
March 31, 2025 at 8:52 PM
If you want to understand our politics, follow the money. The reason why our politicians are so pro-Israel is because pro-Israel groups, like AIPAC and Miriam Adelson, donate huge sums of money to our politicians.
March 31, 2025 at 8:47 PM
Nonetheless, if Harvard caves without trying to use its endowment or enlist the help of its donors, it will add to the growing perception that it is really a hedge fund masquerading as a university, with its primary goal being to grow its assets under management (AUM).
March 31, 2025 at 8:32 PM
I am aware that endowments are complicated. At almost all universities, much of the money in the endowment is earmarked by the donors for very specific causes and so can not be used to replace lost federal funding.
March 31, 2025 at 8:30 PM
Like Columbia, I suspect Harvard will ultimately cave. This is despite Harvard having a $53B endowment.
March 31, 2025 at 8:29 PM
The liberal party chose Carney as Trudeau's replacement. Very soon, all of Canada will get to vote. Their choice will be between the different parties.
March 31, 2025 at 6:52 PM
While I agree with the spirit of your post, your post is inaccurate and belies a misunderstanding of Canada's parliamentary system. Canada did not pick Carney. Unlike in America, the party, not the country, picks its leader in Canada.
March 31, 2025 at 6:51 PM