Steve Randy Waldman
@interfluidity.com

Interesting on “coequal branches” and the US Constitution. by Richard Bishirjian riffing on David Siemers. theimaginativeconservative.org/2019/10/myth...

Link Preview: 
The Myth of

The Myth of "Coequal" Branches of the Federal Government ~ The Imaginative Conservative

Link Preview: The Myth of "Coequal" Branches of the Federal Government ~ The Imaginative Conservative: The popular myth, retold almost daily by members of Congress, that the Constitution established three separate, but equal branches, of government has no basis in fact. The true intent of the Framers w...
Steve Randy Waldman
@interfluidity.com

Brad Setser makes an important point about trying to replace the US by reanchoring trade relationships around China. It’s easy to buy from China, but what you wanted from the US was someone you could sell to. foreignpolicy.com/live/trump-t...

Link Preview: 
Trump’s Tariff Wars: As the second Trump administration rolls out its priorities, one thing is clear: Tariffs are an underlying foreign-policy principle of the “Trump doctrine.” Negotiating over Colombian deportees? Tarif...

Trump’s Tariff Wars

Link Preview: Trump’s Tariff Wars: As the second Trump administration rolls out its priorities, one thing is clear: Tariffs are an underlying foreign-policy principle of the “Trump doctrine.” Negotiating over Colombian deportees? Tarif...
Steve Randy Waldman
@interfluidity.com

i meant to share this video vimeo.com/1052379677

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Can China replace the United States?: This is

Can China replace the United States?

Link Preview: Can China replace the United States?: This is "Can China replace the United States?" by Foreign Policy on Vimeo, the home for high quality videos and the people who love them.
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Steve Randy Waldman
@interfluidity.com

“we apologize as we are busy assisting other constituents” (from the message when you hit voicemail at Senator Rick Scott’s office)

Steve Randy Waldman
@interfluidity.com

Suppose you think USAID is more about official cover for intelligence work than aid. I think that’s exaggerated, untrue, but OK. Then it is *more* outrageous its classified docs shld be compromised. Agents in the field don’t determine US intelligence policy but it is they whom these leaks may kill.

Steve Randy Waldman
@interfluidity.com

for whatever it’s worth, i just called my (MAGA) Congresswoman’s office to demand Elon Musk’s arrest and imprisonment for the flagrant lawbreaking this weekend with respect to USAID.

Steve Randy Waldman
@interfluidity.com

suppose there is, and there’s a court order or injunction. who enforces it?

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Steve Randy Waldman
@interfluidity.com

what agencies outside the executive branch of the Federal government are able to enforce Federal law? 1/

Steve Randy Waldman
@interfluidity.com

suppose the courts, even the current Supreme Court, were to agree unilateral dismantling of an agency and unlawful access to classified documents are Federal crimes, if Trump doesn’t enforce the law can no one? /fin

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Steve Randy Waldman
@interfluidity.com

“Screwing around with Treasury payments and tariff walls is not just outrageous—it is like mixing a nice bleach-and-Drano cocktail. You wouldn’t describe that as ‘breaking mixology norms’, unless you were doing a goof.” ~Paul Musgrave musgrave.substack.com/p/shredding-...

Link Preview: 
Shredding Norms is Cool!: Talking about what's happening is boring

Shredding Norms is Cool!

Link Preview: Shredding Norms is Cool!: Talking about what's happening is boring
Steve Randy Waldman
@interfluidity.com

i’m always talking about thick scary tails i’m worried about but say the base case, the modal outcome, is we muddle through largely as we have. i’m not sure that’s right any more.

Steve Randy Waldman
@interfluidity.com

💔❤️

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Steve Randy Waldman
@interfluidity.com

part of those expectations is just that tariff incidence will be shared. pre-tariff arrangements are sticky, buyers want to buy and sellers want to sell. now there’s a new cost. that will discourage transactions to a degree, but remaining transactors will pay and share the cost. 1/

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Steve Randy Waldman
@interfluidity.com

currency depreciation is how sellers cover thr portion of the cost. it’s better than individual exporters reducing domestic currency prices, which wld require renegotiation of eg labor contracts or put firm solvency at risk. domestic currency profitability is unchanged, its FX value is reduced. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

i hope you are right! but i think it remains the best explanation of Trump’s choices, he’s going after Canada and Mexico because that’s where the money is and where he thinks he can get away with it.

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Steve Randy Waldman
@interfluidity.com

of course they will try. but they don’t have much leverage, in the way that China or the EU might. they are big trade partners but small economies, small powers geopolitically.

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Steve Randy Waldman
@interfluidity.com

bsky.app/profile/inte...

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Steve Randy Waldman
@interfluidity.com

“One must be careful not to reify the clichés: just because everyone says it’s real doesn’t make it real. Or rather, it does, and that’s the problem.” @lioneltrolling.bsky.social www.unpopularfront.news/p/vibes-cartel

Link Preview: 
Vibes Cartel: Don’t be a cog in the mood machine.

Vibes Cartel

Link Preview: Vibes Cartel: Don’t be a cog in the mood machine.
Steve Randy Waldman
@interfluidity.com

“i will abuse you until you consent to marry me” may not be the flex they think.

Steve Randy Waldman
@interfluidity.com

besides maybe a handful of billionaires on an inauguration stage, is there anyone more pathetic than Congressional Republicans, who are watching their guy burn down the country but do nothing because what? they might have to face a competitive primary? oh the poor poor dears.

Steve Randy Waldman
@interfluidity.com

somewhere in an attic there is a portrait of a head of lettuce rotting most floridly.

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Steve Randy Waldman
@interfluidity.com

lots of talk about how Ds should shut down the Senate, and i get it. but are there no Rs concerned about the vandalizing of the Federal govt by an unelected megadouche and some 14-year-olds? is there no chance of the legislative branch asserting itself as the legislative branch to say woah wtf?

Steve Randy Waldman
@interfluidity.com

but even on TV, the Canadian border?

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