blenderdumbass , to random
@blenderdumbass@mastodon.online avatar
wdlindsy , to random
@wdlindsy@toad.social avatar

"Former President Donald Trump’s political operation has routed more than $3 million so far this year through a Delaware limited liability company whose owners are not publicly disclosed, according to campaign finance records — a strategy that mirrors past efforts to mask exactly how his campaign is spending donor cash."

~ Matt Dixon


/1

https://www.nbcnews.com/politics/2024-election/mystery-fundraising-firm-takes-millions-trump-campaign-rcna156755

wdlindsy OP ,
@wdlindsy@toad.social avatar

"The money has been paid to Launchpad Strategies LLC, a company that appears to have been incorporated in Delaware in November, according to state business records and lists a Raleigh, North Carolina, post office box as its address in campaign finance filings. Since it was formally incorporated, the company has received $3.1 million in payments from the Trump campaign & an affiliated joint fundraising committee."


/2

NanoBookReview , to random
@NanoBookReview@zirk.us avatar

Any business folks know anything about Aptera and their market potential? I believe they can make it to production at this point, and I believe their car can meet their claims (or get close enough). What I'm concerned about is that I think the 2-seater eco-tech car market is tiny. I don't know if it's big enough to sustain the company long term. But they also have side projects going on, so....

dcjohnson , to random
@dcjohnson@mastodon.cloud avatar

I wish medieval gold-standard economics would finally disappear. We no longer have to round up or borrow gold to pay for things.

But we still have people believing in witches, etc. So I guess superstitions do hang on.

But if you're still stuck on "taxes are revenue" & "printing money is borrowing" then:

Top tax rates used to be 90%. Top corp rates used to be much higher as well.

If you restore those tax rates you can "pay for" healthcare, military, social programs, pensions.

CoinOfNote , to histodons group
@CoinOfNote@historians.social avatar

While I'm on "origin stories", I previously found a video on where gold comes from (see previous post). Now, how about money as a concept? Where did that start? Here is an article on that: https://mastodon.social/@theconversationau/112552257174870177

@numismatics @histodons

CStamp , to random
@CStamp@mastodon.social avatar

LOL.

"Another billionaire is going to the Titanic, but this one says he's not ignoring industry standards

Larry Connor, Triton Submarines plan to have vessel certified"

https://www.cbc.ca/news/canada/newfoundland-labrador/triton-submarines-larry-connor-oceangate-titan-1.7219169

nicholas_saunders ,

@DemocracyMattersALot @CStamp a confluence of with the which would make for great tv.

Nonilex , to random
@Nonilex@masto.ai avatar

Justice ’s husband, , is defending in a case. The lawsuit relates to reports by one of ’s local stations.

Jesse is a trial lawyer & managing partner at SouthBank Legal. He heads the firm’s Washington, DC, office, which opened after Justice Barrett joined the high court.


https://www.rollingstone.com/politics/politics-features/amy-coney-barrett-husband-jesse-fox-1235028838/

Nonilex OP ,
@Nonilex@masto.ai avatar

will issue rulings soon on a slate of controversial topics,such as , , public , & if is entitled to for life….
’s work for highlights one of experts’ biggest complaints about SCOTUS: Justices are not required to spouses’ clients,so the public has no way to track who is paying directly to their families. In her 2021 , even the name of her husband’s firm….

18+ z_everson , to random
@z_everson@journa.host avatar
Nonilex , to random
@Nonilex@masto.ai avatar

Tues 28 May 2024 🧵 to Begin in

faces 34 felony counts of falsifying business records in connection w/a payment made to a porn star to influence the 2016 election. The case could be in the jury’s hands as early as Wed.


https://www.nytimes.com/live/2024/05/28/nyregion/trump-trial-closing-arguments?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

Nonilex OP ,
@Nonilex@masto.ai avatar

, draws on a 2018 recording in which 's lawyer at the time said that his client had “settler’s remorse” for having agreed not to tell her story. Blanche claims that Daniels changed not because she decided to tell the , but because she wanted to make .

Blanche introduces what he calls a “separate conspiracy” between Daniels, , her manager at the time, & , who was the editor of The .

rbreich , to random
@rbreich@masto.ai avatar

Target's profit increased 49% to $4.1B last year, even with slower sales.

Its CEO received $18M in compensation on the year while the company paid $508M in dividends in Q4.

Makes you wonder if Target could have lowered its prices a lot sooner but just chose not to.

Hello?

adacosta ,
@adacosta@twit.social avatar

@rbreich Has anyone from the liberal media ever tried to sit down with these CEO's and just plain out ask them why they need so much ? I know they will give surface responses like, its the nature of a capitalistic society, but dig deeper, ask, what are you gonna do with 18 million dollars in your lifetime?

faab64 , to random

This is infuriating and shameful: The deputy of Kermanshah Cultural Heritage announced: The nationally registered Masih Kermanshah Hospital, the country's second historical hospital, was demolished on Wednesday, June 2, by the order of the owner of this building.

Kyomarth Khani Lalabadi, pointing out that the municipality has issued permission to demolish this historic hospital, continued: "For the past two or three years, the owner of the building was seeking to remove this building from the list of national monuments of Iran with a complaint in the Court of Administrative Justice. He failed to do so, and it seems that with this complaint in hand, he was able to get permission from the municipality to destroy it."

معاون فرهنگی اعلام کرد: بیمارستان ثبت ملی شده مسیح کرمانشاه، دومین بیمارستان کشور چهارشنبه دوم خردادماه، به دستور مالک این بنا تخریب شد.

•کیومرث خانی لعل آبادی با اشاره به اینکه شهرداری مجوز تخریب این بیمارستان تاریخی را صادر کرده است، ادامه داد: "مالک بنا طی دو سه سال گذشته با شکایت در دیوان عدالت اداری بدنبال خروج مجدد این بنا از فهرست آثار ملی شده ایران بود که موفق به این کار نشد و به نظر می رسد با در دست داشتن همین شکایت توانسته از شهرداری مجوز تخریب آن را بگیرد."
‌آوا

bibliolater , to histodon group
@bibliolater@qoto.org avatar

F. A. Hayek, Libertarianism, and the Denationalization of Money

Hayek found support within the American libertarian movement. Libertarians realized that Hayek’s radical proposal would limit state control over the monetary system and allow for the free exchange of gold.

McIntosh, W. (2024) ‘F. A. Hayek, Libertarianism, and the Denationalization of Money’, Modern American History, pp. 1–20. doi: https://doi.org/10.1017/mah.2024.19.

#OpenAccess #OA #Article #DOI #Conservatism #Business #Capitalism #Politics #Libertarianism #Money #History #Histodon #HIstodons @histodon @histodons

#Image attribution: Stevebidmead, CC0, via Wikimedia Commons. Page URL: https://commons.wikimedia.org/wiki/File:Gold_bullion_bars.jpg

dlakelan , to economics-that-works group
@dlakelan@mastodon.sdf.org avatar

@economics-that-works

Steve Keen discusses the money creation mechanisms here https://profstevekeen.substack.com/p/why-are-economists-trying-to-hide

A thing I think he doesn't give enough attention to is the role the Fed DOES play. The Fed indirectly controls bank lending rate through a couple mechanisms. The first is whatever rules it has for declaring a bank solvent. They've eliminated reserve requirements but now it's something like a stress test or whatever. A bank can't keep lending

Nonilex , to random
@Nonilex@masto.ai avatar

70 yrs after delivered its landmark decision outlawing school segregation, ranks as perhaps the court’s most venerated decision….
Most everything else related to the decision…is complex.
Nearly 7/10 Americans say more should be done to integrate schools…a figure that has steadily climbed from 30% in 1973….But a deeper look into the views of both Black & White people shows skepticism about the success of ….

https://www.washingtonpost.com/education/2024/05/17/brown-vs-board-70-anniversary-poll/

Nonilex OP ,
@Nonilex@masto.ai avatar

Because of , ofcls may no longer deliberately separate students by —but under more recent orders, they aren’t allowed to deliberately mix them by race either. advocates today have stopped looking to the courts for help & are pursuing lawsuits instead.…some leaders have concluded that the answer is not integration…but more & for high ….

18+ z_everson , to random
@z_everson@journa.host avatar
ChrisMayLA6 , to random
@ChrisMayLA6@zirk.us avatar

When the UK’s deputy foreign secretary has to admit that around 40% of all money laundered globally likely flows through London & the Crown Dependencies, you can bet that such an estimate will be on the low side.

There are many reasons that the UK's global reputation is increasingly tarnished & the work in financial services to hide & process criminal/illegal funds is contributing to that malaise.

So much for the value of financial services to the UK

https://www.theguardian.com/world/article/2024/may/14/nearly-40-of-dirty-money-is-laundered-in-london-and-uk-crown-dependenies

NanoBookReview , to random
@NanoBookReview@zirk.us avatar

The Infamous PACE Trial:

what happens when scientific researchers have a MASSIVE conflict of interest.

https://youtu.be/bzh8pT-g9v0

dlakelan , to economics-that-works group
@dlakelan@mastodon.sdf.org avatar

Further continuation of the discussion of economic theory and how it failed over the last 20-30 years at Gelmans blog

https://statmodeling.stat.columbia.edu/2024/05/11/is-it-really-the-economy-stupid/#comment-2372170

I link to a dimensionless ratio that is basically "velocity of M2 money" and argue why its strong trend downwards since 2000 was part of essentially a financial scheme to rob the avg person and make the ultra wealthy even more ultra wealthy.

@economics-that-works

Nonilex , to random
@Nonilex@masto.ai avatar
Nonilex OP ,
@Nonilex@masto.ai avatar

is now testifying that he “re-negotiated” certain bills felt were too high. This testimony is significant to the case: it shows Cohen directly interacting w/ Trump on , & Trump minutely focused on what he paid & received.

Cohen says he would keep Trump apprised of each & every task he completed. He says that it was important to him to gain credit from his new boss, & that Trump would tell him he had done a “fantastic” job.

ChrisMayLA6 , to random
@ChrisMayLA6@zirk.us avatar

Forced cashless society.

Our nearby small market town used to have 3 banks; they're all closed (taking their cash machines with them), and this week one of the two remaining cash machines was removed from the supermarket where it was located.

So, we're down to a single cash machine in an area with a radius (I'm guessing) of around 20 miles.

The cashless society doesn't represent consumer choice, its pace is being forced by financial institutions keen to charge fees on transactions!

NanoBookReview , to random
@NanoBookReview@zirk.us avatar
appassionato , to bookstodon group
@appassionato@mastodon.social avatar

How Much is Enough? Money and the Good Life by Robert Skidelsky, 2012

What constitutes the good life? What is the true value of money? Why do we work such long hours merely to acquire greater wealth? These are some of the questions that many asked themselves when the financial system crashed in 2008. This book tackles such questions head-on.

@bookstodon



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  • Nonilex , to random
    @Nonilex@masto.ai avatar

    grew at 1.6% annual rate in first quarter 2024, a sharp slowdown

    “Growth is slowing, but clearly the economy is still on a solid path,” said Ben Ayers, snr economist at Nationwide, which recently scrapped its recession forecast for the year. “We’ve had very strong growth that’s fueling higher incomes, giving people the to go out & spend. But that’s also kept high, so honestly a little bit of cooling is good news.”

    https://www.washingtonpost.com/business/2024/04/25/gdp-2024-economy-growth/

    Nonilex , to random
    @Nonilex@masto.ai avatar

    Judge to Consider Holding in for Verbal

    Prosecutors in Trump’s trial say he has violated a barring him from attacking , & others close to the case. Testimony is set to resume later Tuesday morning.


    https://www.nytimes.com/live/2024/04/23/nyregion/trump-hush-money-trial-news?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb

    Nonilex OP ,
    @Nonilex@masto.ai avatar

    's history of tipping off about his life was a known fact well before TheApprentice.

    "He was very cautious & very frugal, said of Trump's approach to .

    Testimony from Pecker that establishes Trump's track record of keeping a close eye on his - “almost a micromanager," Pecker said - will help prosecution prove that Trump falsified records to cover up a sex scandal to influence the 2016 election.

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