Tom Richardson
@richardson-thomas.bsky.social
Retired IMF economist
Reposted by Tom Richardson
"A bespoke Federal Reserve exception."
Kagan's dissent, effectively (and accurately) characterizing Roberts and his fellow judicial wingnuts as political operatives and liars, should be the headline and lede here:
![From Kagan's dissent: "Except apparently for the Federal Reserve. The majority
closes today’s order by stating, out of the blue, that it has
no bearing on “the constitutionality of for-cause removal
protections” for members of the Federal Reserve Board or
Open Market Committee. Ante, at 2. I am glad to hear it,
and do not doubt the majority’s intention to avoid imperil-
ing the Fed. But then, today’s order poses a puzzle. For the
Federal Reserve’s independence rests on the same constitu-
tional and analytic foundations as that of the NLRB,
MSPB, FTC, FCC, and so on—which is to say it rests largely
on Humphrey’s. So the majority has to offer a different
story: The Federal Reserve, it submits, is a “uniquely struc-
tured” entity with a “distinct historical tradition”—and it
cites for that proposition footnote 8 of this Court’s opinion
in Seila Law. Ante, at 2 (citing 591 U. S., at 222, n. 8).
But—sorry—footnote 8 provides no support. Its only rele-
vant sentence rejects an argument made in the dissenting" [cont'd]](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:kfaxgen4pxdnmtho7tj4tijr/bafkreidniot72hmhdivwnfrkv6st4ffvnfh2dsuv447spcpk5rsvgvqe2e@jpeg)
!["opinion “even assuming [that] financial institutions like the
Second Bank and Federal Reserve can claim a special his-
torical status.” And so an assumption made to humor a dis-
sent gets turned into some kind of holding. Because one
way of making new law on the emergency docket (the dep-
recation of Humphrey’s) turns out to require yet another
(the creation of a bespoke Federal Reserve exception). If
the idea is to reassure the markets, a simpler—and more
judicial—approach would have been to deny the President’s
application for a stay on the continued authority of Humph-
rey’s."](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:kfaxgen4pxdnmtho7tj4tijr/bafkreidxv6t4tnb3w2x5nzi7ngjyltdovxgmm4bdbrg3jnh74nivxtd67u@jpeg)
May 22, 2025 at 10:11 PM
"A bespoke Federal Reserve exception."
Reposted by Tom Richardson
Hosting the Olympics and World Cup are going to be impossible. What athlete in their right mind would risk coming to the US now?
Head coach of MMA Australian team Renato Subotic arrived in the US to teach a seminar. Instead he said he was detained at the border: "No clear explanation, no chance to talk to anyone, no rights. They handcuffed me, put me in a car, and drove me to federal prison."
www.news.com.au/sport/boxing...
www.news.com.au/sport/boxing...
www.news.com.au
April 6, 2025 at 8:53 PM
Hosting the Olympics and World Cup are going to be impossible. What athlete in their right mind would risk coming to the US now?
Reposted by Tom Richardson
How a party loses its soul:
Respectable Republican Condi Rice visits Kristi Noem.
Noem stages a sick photo-op in El Salvador with deportees as props. Some of them were law-abiding U.S. immigrants, now imprisoned in that hellhole.
No respectable Republican criticizes Noem.
Respectable Republican Condi Rice visits Kristi Noem.
Noem stages a sick photo-op in El Salvador with deportees as props. Some of them were law-abiding U.S. immigrants, now imprisoned in that hellhole.
No respectable Republican criticizes Noem.
March 27, 2025 at 10:21 PM
How a party loses its soul:
Respectable Republican Condi Rice visits Kristi Noem.
Noem stages a sick photo-op in El Salvador with deportees as props. Some of them were law-abiding U.S. immigrants, now imprisoned in that hellhole.
No respectable Republican criticizes Noem.
Respectable Republican Condi Rice visits Kristi Noem.
Noem stages a sick photo-op in El Salvador with deportees as props. Some of them were law-abiding U.S. immigrants, now imprisoned in that hellhole.
No respectable Republican criticizes Noem.
Reposted by Tom Richardson
Tesla, the supposed future of clean energy, isn’t just making money by selling electric cars—it’s making a fortune off a regulatory loophole.
The Tesla Secret That Exposes Elon Musk’s Whole Game
The car company’s big business in regulatory credits shows Musk’s mantra has always been “Government handouts for me, not for thee.”
newrepublic.com
March 21, 2025 at 12:48 PM
Tesla, the supposed future of clean energy, isn’t just making money by selling electric cars—it’s making a fortune off a regulatory loophole.
Great takedown of a charlatan
March 20, 2025 at 6:14 PM
Great takedown of a charlatan
Reposted by Tom Richardson
GOP lawmaker Justin Eichorn (R-MN) has been arrested on felony charges for soliciting sex from a teenage girl.
He had previously spread claims that Democrats and LGBTQ people were trying to groom children.
He had previously spread claims that Democrats and LGBTQ people were trying to groom children.
GOP state Sen. Justin Eichorn arrested on suspicion of soliciting sex with a 16-year old girl • Minnesota Reformer
Eichorn’s arrest complicates efforts by Senate Republicans to expel DFL Sen. Nicole Mitchell from the upper chamber.
minnesotareformer.com
March 18, 2025 at 8:34 PM
GOP lawmaker Justin Eichorn (R-MN) has been arrested on felony charges for soliciting sex from a teenage girl.
He had previously spread claims that Democrats and LGBTQ people were trying to groom children.
He had previously spread claims that Democrats and LGBTQ people were trying to groom children.
Makes sense
I am begging blue state governors to have lunch this week with your adjutant general of the National Guard.
Cannot stress enough how important this relationship is going to be in the near future.
Cannot stress enough how important this relationship is going to be in the near future.
March 17, 2025 at 1:20 PM
Makes sense
Trump and Putin, sitting in a tree…
Trump suspends all US military aid to Ukraine just days after berating Zelensky in the Oval Office for not being grateful enough, undercutting an ally trying to fend off Russian invaders as Moscow celebrates the change in US policy. www.nytimes.com/live/2025/03...
Trump Live Updates: U.S. Suspends All Military Aid to Ukraine, Official Says
www.nytimes.com
March 4, 2025 at 1:15 AM
Trump and Putin, sitting in a tree…
Reposted by Tom Richardson
Reposted by Tom Richardson
@govwesmoore.bsky.social : Maryland stands with Ukraine too
Governor Walz has it right. I miss hearing his plain, common sense talk.
March 1, 2025 at 7:15 PM
@govwesmoore.bsky.social : Maryland stands with Ukraine too
Reposted by Tom Richardson
BIG: DC Metro Police decided they had sufficient evidence to arrest sitting GOP Congressman and sent warrant request to USATTY's office. Acting USATTY Martin, who's been explicitly acting as Trump's personal attorney, ignored it. talkingpointsmemo.com/edblog/big-b...
Big Big Scandal Brewing at DC US Attys Office
There’s a big, big scandal brewing beneath the already big scandal of...
talkingpointsmemo.com
February 25, 2025 at 3:43 AM
BIG: DC Metro Police decided they had sufficient evidence to arrest sitting GOP Congressman and sent warrant request to USATTY's office. Acting USATTY Martin, who's been explicitly acting as Trump's personal attorney, ignored it. talkingpointsmemo.com/edblog/big-b...
Reposted by Tom Richardson
Get. Him. Out. Of. Our. Government.
February 22, 2025 at 7:19 PM
Get. Him. Out. Of. Our. Government.
Reposted by Tom Richardson
Here's video of Steve Bannon doing a Sieg Heil today at CPAC. It is what it is and it's what Bannon intended. Don't let yourself be gaslit.
February 21, 2025 at 3:54 AM
Here's video of Steve Bannon doing a Sieg Heil today at CPAC. It is what it is and it's what Bannon intended. Don't let yourself be gaslit.
FYI:
To help homes survive more intense disasters, FEMA has been developing recommendations for stronger building codes. The Trump Administration has pulled them back.
NPR Exclusive: FEMA pulls back on work to help homes survive hurricanes and floods
To help homes survive more intense disasters, FEMA has been developing recommendations for stronger building codes. The Trump Administration has pulled them back.
www.npr.org
February 20, 2025 at 11:28 PM
FYI:
Reposted by Tom Richardson
America: how it’s changed.
The 46th President of the United States called Vladimir Putin “a murderous dictator.”
The 47th President called Volodymyr Zelensky “a dictator without elections.”
The 46th President of the United States called Vladimir Putin “a murderous dictator.”
The 47th President called Volodymyr Zelensky “a dictator without elections.”
February 20, 2025 at 2:17 PM
America: how it’s changed.
The 46th President of the United States called Vladimir Putin “a murderous dictator.”
The 47th President called Volodymyr Zelensky “a dictator without elections.”
The 46th President of the United States called Vladimir Putin “a murderous dictator.”
The 47th President called Volodymyr Zelensky “a dictator without elections.”
Reposted by Tom Richardson
This is where we are folks: Trump is siding with Putin, calling for new elections in Ukraine, presumably, so Zelensky can be replaced by a Putin puppet. He also blamed Ukraine for the Russia’s invasion of Ukraine! Remarkable and incredibly embarrassing for our country. I stand with Ukraine 🇺🇦
February 18, 2025 at 9:49 PM
This is where we are folks: Trump is siding with Putin, calling for new elections in Ukraine, presumably, so Zelensky can be replaced by a Putin puppet. He also blamed Ukraine for the Russia’s invasion of Ukraine! Remarkable and incredibly embarrassing for our country. I stand with Ukraine 🇺🇦
Reposted by Tom Richardson
Money talks
We got a Costco membership for the first time in our lives today. They asked why & I said because treat your workers well, you value diversity, & you didn’t cave in to authoritarian demands. He said: “We’ve been getting lots of folks saying that, thanks for joining.”
Who needs a gallon of ketchup?
Who needs a gallon of ketchup?
February 16, 2025 at 6:21 PM
Money talks
Reposted by Tom Richardson
On Friday night, HHS ordered CDC to take down all flu vaccine campaign materials from its website. Materials are starting to come down.
For example, a campaign explaining that flu shot can reduce flu severity from "wild to mild" is now offline. Left image is from Friday, right is now
Meanwhile...
For example, a campaign explaining that flu shot can reduce flu severity from "wild to mild" is now offline. Left image is from Friday, right is now
Meanwhile...
February 16, 2025 at 5:30 PM
On Friday night, HHS ordered CDC to take down all flu vaccine campaign materials from its website. Materials are starting to come down.
For example, a campaign explaining that flu shot can reduce flu severity from "wild to mild" is now offline. Left image is from Friday, right is now
Meanwhile...
For example, a campaign explaining that flu shot can reduce flu severity from "wild to mild" is now offline. Left image is from Friday, right is now
Meanwhile...
Reposted by Tom Richardson
The President's Emergency Plan for AIDS Relief received a waiver from the Trump administration's initial stop-work order for aid programs. What has that meant for the programs they fund?
What is happening with PEPFAR? It depends whom you ask
The President's Emergency Plan for AIDS Relief received a waiver from the Trump administration's initial stop-work order for aid programs. What has that meant for the programs they fund?
www.npr.org
February 13, 2025 at 10:56 PM
The President's Emergency Plan for AIDS Relief received a waiver from the Trump administration's initial stop-work order for aid programs. What has that meant for the programs they fund?
Reposted by Tom Richardson
Why don’t you just say, by a vote of 53-47, Congress cedes its constitutional power of the purse?
By a vote of 53-47, the #Senate confirmed the nomination of Russell Vought to be Director of the Office of Management and Budget. Party line.
February 7, 2025 at 12:40 AM
Why don’t you just say, by a vote of 53-47, Congress cedes its constitutional power of the purse?
Reposted by Tom Richardson
They're going to try to run away from this. Don't let them.
Every Republican in the Senate just voted to confirm Russell Vought. We’re going to hold them accountable for every piece of the Project 2025 agenda he implements and all the harm it causes to the families they’re supposed to represent.
February 7, 2025 at 12:49 AM
They're going to try to run away from this. Don't let them.
Reposted by Tom Richardson
The world's richest man is taking food and medicine from the world's poorest children
www.nytimes.com/2025/02/05/o...
www.nytimes.com/2025/02/05/o...
Opinion | The World’s Richest Men Take On the World’s Poorest Children
I’ve seen U.S.A.I.D. operate around the world, and it’s not woke — it’s lifesaving.
www.nytimes.com
February 6, 2025 at 9:50 AM
The world's richest man is taking food and medicine from the world's poorest children
www.nytimes.com/2025/02/05/o...
www.nytimes.com/2025/02/05/o...
Reposted by Tom Richardson
🤬 Raiffeisen Bank makes millions on companies that supply Russian army
Raiffeisen Bank makes millions on companies that supply Russian army
Austria’s Raiffeisen Bank International AG is making money from companies that supply products to Putin’s army.
www.pravda.com.ua
February 3, 2025 at 2:59 PM
🤬 Raiffeisen Bank makes millions on companies that supply Russian army
Reposted by Tom Richardson
The logic of the coup that is going on now. And how to resist it.
snyder.substack.com/p/the-logic-...
snyder.substack.com/p/the-logic-...
The Logic of Destruction
And how to resist it
snyder.substack.com
February 2, 2025 at 6:50 PM
The logic of the coup that is going on now. And how to resist it.
snyder.substack.com/p/the-logic-...
snyder.substack.com/p/the-logic-...