Sean Casten
@seancasten.bsky.social
U.S. Representative, IL-06. Personal account. Dad. Husband. Trained as an engineer, 16 years as a clean energy CEO, now in middle management. For official stuff see @casten.house.gov
Other than the risks that Bessent and Trump have created, that is.
November 11, 2025 at 3:35 PM
Other than the risks that Bessent and Trump have created, that is.
There's good reason for that, IMO. If there is a fear of broader market contagion it may be in our self-interest to give money AND take currency risk but a direct $-based loan avoids the latter. And there's no case to be made that Argentina presents any systemic risk. www.pbs.org/newshour/sho...
Why Trump is giving Argentina a $20 billion lifeline to help its flailing economy
The Trump administration authorized a $20 billion financial lifeline for Argentina as it faces an economic crisis. The deal has raised major questions and criticism about its merits. President Trump a...
www.pbs.org
November 11, 2025 at 3:34 PM
There's good reason for that, IMO. If there is a fear of broader market contagion it may be in our self-interest to give money AND take currency risk but a direct $-based loan avoids the latter. And there's no case to be made that Argentina presents any systemic risk. www.pbs.org/newshour/sho...
There is a good primer on this history of the ESF here - on the Treasury department website, no less! Note that early on, it was used to accumulate foreign currency balances on the US balance sheet but hasn't since 1994. home.treasury.gov/policy-issue...
November 11, 2025 at 3:29 PM
There is a good primer on this history of the ESF here - on the Treasury department website, no less! Note that early on, it was used to accumulate foreign currency balances on the US balance sheet but hasn't since 1994. home.treasury.gov/policy-issue...
Dude was ahead of his time. Fibonacci gets more respect now but he just ripped off the OGs.
November 11, 2025 at 2:40 AM
Dude was ahead of his time. Fibonacci gets more respect now but he just ripped off the OGs.
What the hell is the point of the filibuster if not to prevent something like this? I'm at a loss for words.
November 11, 2025 at 12:56 AM
What the hell is the point of the filibuster if not to prevent something like this? I'm at a loss for words.
Then several months after that a third crisis. Opens up envelope #3 and it says "prepare three envelopes".
Anyway, Mike Johnson and the rest of Team 1890s Fiscal Policy are out of envelopes. bsky.app/profile/atru...
Anyway, Mike Johnson and the rest of Team 1890s Fiscal Policy are out of envelopes. bsky.app/profile/atru...
Mike Johnson: "That's the reason the inflation is up, the cost of living is up so high -- because of the policies of the previous administration. Now, we're working to root those policies out and implement our own, but it takes a little time."
November 10, 2025 at 9:29 PM
Then several months after that a third crisis. Opens up envelope #3 and it says "prepare three envelopes".
Anyway, Mike Johnson and the rest of Team 1890s Fiscal Policy are out of envelopes. bsky.app/profile/atru...
Anyway, Mike Johnson and the rest of Team 1890s Fiscal Policy are out of envelopes. bsky.app/profile/atru...
Couple months later, a crisis hits. CEO opens envelope #1 and it says "blame the prior CEO". Works like a charm and the crisis passes. Several months after that, another crisis comes. CEO opens envelope #2. Again: "blame the prior CEO". Does it and it works again.
November 10, 2025 at 9:27 PM
Couple months later, a crisis hits. CEO opens envelope #1 and it says "blame the prior CEO". Works like a charm and the crisis passes. Several months after that, another crisis comes. CEO opens envelope #2. Again: "blame the prior CEO". Does it and it works again.
Company hires a new CEO. Old CEO comes into his office as he's settling in and says that he's left 3 numbered envelopes in the drawer. It's a distillation of his experience and wisdom. If you ever have a crisis you can't solve, the answer is in the envelope. Open them in order of the crisis.
November 10, 2025 at 9:26 PM
Company hires a new CEO. Old CEO comes into his office as he's settling in and says that he's left 3 numbered envelopes in the drawer. It's a distillation of his experience and wisdom. If you ever have a crisis you can't solve, the answer is in the envelope. Open them in order of the crisis.
Reposted by Sean Casten
Allowing this to pass is a mistake.
November 10, 2025 at 1:54 AM
Allowing this to pass is a mistake.
Cause when the tiger bites you in the head, it didn't go crazy. It went tiger. youtu.be/kGEv5dC0lo4?... /fin
Chris Rock Tiger Gone Crazy
YouTube video by CIz4Cooki3
youtu.be
November 9, 2025 at 10:55 PM
Cause when the tiger bites you in the head, it didn't go crazy. It went tiger. youtu.be/kGEv5dC0lo4?... /fin
And maybe that's the whole point of my thread here. I hope the Senate exceeds my expectations tonight. But if they don't, don't blame a party. Blame the institution, and those members who have put the interests of Senators over the interests of the American people. And demand better.
November 9, 2025 at 10:53 PM
And maybe that's the whole point of my thread here. I hope the Senate exceeds my expectations tonight. But if they don't, don't blame a party. Blame the institution, and those members who have put the interests of Senators over the interests of the American people. And demand better.
For what it's worth, I have proposed an Article V work around: create nationally-elected at large senators that would equally dilute all other states and force the institution to consider public will. But it's telling that I have no Senate cosponsors. casten.house.gov/imo/media/do...
casten.house.gov
November 9, 2025 at 10:47 PM
For what it's worth, I have proposed an Article V work around: create nationally-elected at large senators that would equally dilute all other states and force the institution to consider public will. But it's telling that I have no Senate cosponsors. casten.house.gov/imo/media/do...