Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...

“Tell me this is not what authoritarianism looks and sounds like,” our columnist Ezra Klein writes. “And so the question is: What are Democrats going to do about it? What can they do about it?”

Another law firm chooses to surrender to Trump.

Skadden will allegedly provide Trump's admin with $100 million in pro bono services to avoid being targeted. www.huffpost.com/entry/skadde...

ProPublica looked into science grants that Ted Cruz's team flagged as "radical" and "neo-Marxist" and, uh.

This would be good comedy if it didn't matter so much www.propublica.org/article/ted-...

“People will die, but we will never know, because even the programs to count the dead are cut.”

www.nytimes.com/2025/02/27/h...

It may not be cool or hip in some circles, but we legitimately do need a massive amount of people to run for office.

Flood the school boards, councils, county seats, state legislatures, Congress, etc.

Big changes at the top happen when the ground shifts at the bottom. And that can start now.

here's the Bunny With Tinnitus (graphite on vellum 2x3
inches)

My deepest take, a rather new one, is that the specialization of modern society both creates and requires ignorance of... a lot.

It is impossible to know all the things, which means there's value in individuals knowing a lot about some things, and those individuals exploit knowledge gaps.

#EU shipyards are repairing russian "ice-class" tankers and offering them dry dock facilities, enabling moscow to keep moving gas through the Arctic despite western sanctions on its energy sector, the Financial Times front page

Food for thought: A lot of people, me included, have been ragging on Zuckerberg for 180'ing completely on the FB platform. There is an interesting plotline that it seems is being largely neglected, though:

This got me curious, so data: The Fed's had a formal 2% target since 2012. The current 3-month moving average of deviation from 2% is 0.285.

The mean absolute value of the 2012-24 deviation is 1.19.

There have only been 24 of 155 (15.5%) months where we've ever been <closer> to target than now.

Got myself an early Christmas present, excited to read up during the holidays!
@tomtheuns.bsky.social

Eye in the sky.
You're looking at the Ring Nebula, the remnant of a star that had the mass of 3 suns and exploded ~4,000 years ago.
🔭 🧪

⚠️Tax changes from Jan 2025 by the far-right led government in the Netherlands: net salaries for those around or above average income go up, but net salaries for the lowest incomes go down.

Y axis = change/month. Source: ABP/nu.nl