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#paulkrugman — Public Fediverse posts

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  1. CW: USPol, Paul Krugman on the Russia diesel deal

    I love Paul Krugman's work. In his newsletter this morning, he points out that the total diesel in the illegal deal and with Russia is a drop in the bucket for the US.

    "So Trump is betraying an embattled democracy, demonstrating our faithlessness to the whole world, seriously damaging whatever is left of America’s leadership in the world, for the sake of maybe 12 hours’ worth of diesel. Really?"

    #PaulKrugman

    paulkrugman.substack.com/p/ari?

  2. Stürzt Frankreich Europa in die nächste Eurokrise? „Land ist zu groß, um es zu retten“

    Foto: Shutterstock Die wachsende finanzielle Schieflage Frankreichs macht dem Wirtschaftsnobelpreisträger Paul Krugman große Sorge. Er warnt, das Land…
    #EuropeSays #EU #Europa #Defizit #EZB #Frankreich #PaulKrugman #Schuldenkrise #Staatsanleihen #Wirtschaft
    europesays.com/europa/111851/

  3. Nobel winner Krugman says France may have become ‘too big to save’

    France is caught between angry students and unforgiving bond markets Writing in a Substack blog post on Thursday,…
    #France #FR #Europe #EU #BreakingNews:Economy #BreakingNews:Markets #businessnews #Economicevents #Economy #Governmentandpolitics #Markets #PaulKrugman #UnitedStates
    europesays.com/france/92010/

  4. Nobel winner Krugman says France may have become ‘too big to save’

    France is caught between angry students and unforgiving bond markets Writing in a Substack blog post on Thursday,…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BreakingNews:Economy #BreakingNews:Markets #Business #businessnews #Economicevents #FRANCE #Governmentandpolitics #Markets #PaulKrugman
    newsbeep.com/us/876764/

  5. Nobel winner Krugman says France may have become ‘too big to save’

    France is caught between angry students and unforgiving bond markets Writing in a Substack blog post on Thursday,…
    #NewsBeep #News #Economy #BreakingNews:Economy #BreakingNews:Markets #Business #businessnews #Economicevents #France #Governmentandpolitics #Markets #PaulKrugman #UK #UnitedKingdom #UnitedStates
    newsbeep.com/uk/797331/

  6. Krugman Warns France’s Debt Crisis May Be “Too Big to Save” — Former ECB Chief Spells Out Intervention Conditions — BigGo Finance

    Nobel laureate in economics Paul Krugman has issued his most severe warning yet on France’s fiscal condition: the…
    #Europe #EU #EuroZone #EuroArea #EuropeanCentralBank #EuropeanStabilityMechanism #Eurozone #Frenchgovernment #Jean-ClaudeTrichet #MarioDraghi #PaulKrugman #SébastienLecornu #transmissionprotectioninstrument
    europesays.com/europe/156102/

  7. Nobel winner Krugman says France may have become ‘too big to save’

    France is caught between angry students and unforgiving bond markets Writing in a Substack blog post on Thursday,…
    #Economy #BreakingNews:Economy #BreakingNews:Markets #businessnews #centralbank #Economicevents #Europe #European #EuropeanCentralBank #france #governmentandpolitics #markets #PaulKrugman #UnitedStates
    europesays.com/3300316/

  8. Paul Krugman offers a surprising take on a Trump campaign ad rerun, suggesting it may actually aid Democrats by keeping Trump front and center in voters minds while exposing the irony in its expel warmongers slogan amid ongoing foreign policy debates. The ad revives themes from 2024 that could backfire on Republicans by reminding the public of past chaos and unfulfilled promises, providing fresh ammunition for progressive critiques of conservative messaging. This analysis reveals how even self serving political spots can highlight contradictions that benefit the opposition if framed effectively. Readers should click to explore the full breakdown and its implications for the current cycle. paulkrugman.substack.com/p/i-a #PoliticalAnalysis #CampaignStrategy #PaulKrugman

  9. “There have been many #trade conflicts in history, some of them more destructive than the #US-Canada fight. But I don’t think there has ever been a dispute this stupid.” #Canada #CanadaSky #tradewar #PaulKrugman

    RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mv3gxzivgs2p

  10. “There have been many #trade conflicts in history, some of them more destructive than the #US-Canada fight. But I don’t think there has ever been a dispute this stupid.” #Canada #CanadaSky #tradewar #PaulKrugman

    RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mv3gxzivgs2p

  11. “The numbers are really startling…. If you are someone with a very high income, the IRS stops counting pretty much at a million or more a year, but presumably it’s even more true further up the scale.

    “In 2011, before the right-wing Congress was able to do its work, more than 7% of tax returns in that range were audited, which is not unreasonable because there s obviously a lot of possibility for malfeasance there. It s not saying that 7% of people with incomes of more than a million were sent to jail. Obviously nothing like that, but we had widespread auditing, which among other things, encouraged people not to cheat on their taxes.

    “By 2019, just eight years later, that number had gone from 7.2% to 0.7%. So almost nobody with high incomes was being audited for possible tax fraud.”
    #TaxEvasion #kakistocracy #PaulKrugman #oligarchy #TaxPolicy
    paulkrugman.substack.com/p/fro

  12. Paul Krugman asks, can a Treasury Secretary sell his soul and still fail to move the 30-year bond market? He details how Scott Bessent, Trump’s Treasury Secretary, lost credibility by prioritizing pleasing one man over economic stewardship, leading to market rejection of his actions. This demonstrates that when top officials prioritize politics over economics, credibility evaporates. Read the full analysis: paulkrugman.substack.com/p/sco #PaulKrugman #BondMarket #TreasurySecretary #EconomicPolicy

  13. Could debt panic sabotage the next progressive agenda? Paul Krugman warns that 'Very Serious People' will likely revive scare stories about U.S. federal debt once Democrats regain power, echoing the Obama years, despite the U.S. borrowing in its own currency without signs of crisis. The Trump administration's unfunded tax cuts and wasteful spending were key drivers of recent deficits, and future leaders must reject austerity that could block crucial programs. Learn more about resisting manufactured crises: paulkrugman.substack.com/p/the #PaulKrugman #DebtPanic #ProgressiveAgenda #EconomicPolicy

  14. Paul Krugman asks: How does a tiny island attract $500 billion in fake investment? He reveals how Malta exposes global oligarchy, costing the US over $100 billion annually, with the EU weak on enforcement and President Trump on the side of tax cheats. This downward spiral of wealth and power needs bold action. Read the full breakdown here: paulkrugman.substack.com/p/wha #Oligarchy #TaxJustice #PaulKrugman

  15. Make no mistake. #LinaKhan is a warrior for #ConsumerProtections and the broader but sometimes more nuanced questions regarding monopolists and their intersection with technology markets. She understands the meaning of urgency coming from a place that knows directly that it takes more than one person fighting for clarity. You need the whole village…

    Via #PaulKrugman : Lina Khan on #AI and More…
    youtu.be/xqfx8i99jNQ?si=gm2sx7

  16. Wild Wednesday Reads: Iran War Resumes, Trump OK With ICE Killings, and Blanche Hearing.

    Good Afternoon!!

    Trump’s war with Iran is on again, and he is threatening war crimes and insane plans to take control the Strait of Hormuz. Trump is frankly making no sense. He’s obviously frustrated that his war has become a total fuck up, and he has no idea what to do about it. He also doesn’t have any intelligent, experienced advisers–at least none who have the guts to oppose him.

    A group of people stands in shallow water as a cargo ship appears anchored in the Strait of Hormuz off Bandar Abbas, Iran, June 30, 2026. Amirhosein Khorgooi, ISNA via AP

    Here’s the latest from Reuters: Iran war live: US launches new wave of strikes and Tehran threatens to close shipping routes.

    1. The US military said it had carried out a fresh wave of strikes on Wednesday, hours after carrying out a fourth night of attacks on Iran
    2. Iran has threatened to block more energy routes, after President Donald Trump reinstated the US blockade of Iranian shipping
    3. Jordan, Bahrain and Kuwait came under attack again on Wednesday after Iran vowed to continue retaliation on US military assets, leaving an interim ceasefire in tatters
    4. Trump renewed his threat to hit Iranian power plants and bridges if Tehran does not return to negotiations to end the war started by US and Israeli strikes on Iran on February 28

    At Axios, Barak Ravid, the designated receiver of leaks from the Trump goons, reports: Trump held Situation Room meeting on massive new Iran strikes.

    President Trump held a Situation Room meeting Tuesday to discuss a massive offensive in Iran that will be wider in scope than the current strikes around the Strait of Hormuz, three sources with knowledge said.

    Why it matters: Trump appears willing to escalate the war to cause enough damage that the Iranian regime will open the Strait of Hormuz and accept Trump’s nuclear demands.

    Driving the news: Trump convened the meeting as the U.S. military conducted strikes in the Strait of Hormuz area and along the southern coast of Iran for the fourth day in a row.
    • Most of the targets were air defense and radar systems, anti-ship missile positions and drone launch sites.
    • U.S. officials said the aim of the strikes was to significantly degrade Iran’s ability to conduct attacks against ships in the Strait of Hormuz.
    • Iran retaliated by continuing to launch missiles and drones at U.S. bases in Jordan, Kuwait and Bahrain.
    • On Tuesday afternoon, the U.S. naval blockade on Iranian ports went into effect.
    • The commander of the U.S. military’s Central Command, Adm. Brad Cooper, said in a statement that over the last week Iran “has intentionally targeted civilians across the region by attacking seven commercial ships resulting in nearly a dozen civilian crew members killed, missing, or injured.”
    • Despite the attacks, the U.S. military managed to coordinate the transit of 300 ships through the strait over the past week, U.S. officials said.

    Inside the room: Trump was joined in the Situation Room by his top national security team, including Vice President JD Vance, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Chairman of the Joint Chiefs Gen. Dan Caine, CIA Director John Ratcliffe, White House envoy Steve Witkoff and other senior officials, the sources said.

    The sources said the meeting focused on new plans for devastating strikes on strategic targets in Iran, in addition to the strikes against Iranian targets in the Strait of Hormuz.

    Trump’s behavior over the last couple of days has been out of control. Whether it’s dementia or not, he doesn’t seem to have any filters left. He just says whatever comes into his moth-eaten brain.

    BBC: Trump threatens to bomb bridges and power plants unless Iran resumes talks.

    US President Donald Trump has threatened to strike Iran’s bridges and power plants next week if the country does not return to talks.

    The comments, made in a Fox News interview, aired as the two countries exchanged fire for the fourth day in a row.

    A view of a billboard depicting US president Donald Trump in Tehran, Iran. Anadolu, Getty Images

    Trump earlier reversed a threat of a 20% fee on all Strait of Hormuz cargo shipping but resumed blockading Iranian ports.

    “Next week it gets really bad for them,” Trump said. “We’re going to knock out all their power plants. We’re going to knock out all their bridges unless they get to the table and negotiate.”

    Back in April, Trump threatened to bomb civilian infrastructure in Iran, including bridges and power plants.

    UN human rights chief Volker Türk responded at the time by saying: “Under international law, deliberately attacking civilians and civilian infrastructure is a war crime.”

    The 1949 Geneva Conventions on humanitarian conduct in war prohibit attacks on sites considered essential for civilians.

    “I’ll save the energy targets for last, but ultimately we’ll hit energy targets,” Trump said in an interview on Special Report with Bret Baier that aired on Tuesday night.

    He said US negotiators had conveyed to their Iranian counterparts on Tuesday evening that they “better make a deal, or you’re not going to have anything left”.

    The escalation in rhetoric comes after Trump said a 20% toll he had threatened to impose in the Strait of Hormuz would be replaced by “massive” trade and investment deals with Gulf states.

    Do these countries know about these huge investments?

    Nahal Toosi, Paul McLeary and Megan Messerly at Politico: No end in sight for new Iran war.

    As the U.S. war with Iran resumes, there is little sign that diplomacy can stop it.

    Efforts by Arab, Pakistani and other mediators to revive negotiations or restore a ceasefire have shown no public signs of progress, and the overall feeling in the Middle East and beyond is that the fighting will simply continue for now, according to two analysts and a person familiar with the situation.

    The White House is “not really sure where this is headed,” said a former U.S. official in touch with Trump administration staffers, who, like others quoted in this story, was granted anonymity to describe sensitive conversations. “This could go on for some time. There’s no trust between Iran and the U.S., and that’s kind of the basis for any kind of diplomacy.”

    The renewed fighting includes a U.S. naval blockade of Iranian shipping and Tehran launching multiple attacks on U.S. allies.

    President Donald Trump has made clear Tehran must relinquish control of the vital energy shipping lanes in the Strait of Hormuz. But Iran has weathered previous assaults and still managed to threaten oil shipping with drones and missiles, and it’s not clear how this latest campaign would eliminate that threat.

    “I think the president will try to destroy Iran’s capabilities threatening the strait,” said Fred Fleitz, Trump’s former National Security Council chief of staff and vice chair of the American First Policy Institute’s American Security. “I think that we will have to take a so-called mowing the grass strategy, where the U.S. and Israel will respond militarily to provocations, then maybe we simply have to wait until the Iranian people take their country back.”

    Trump did offer a concession of sorts on Tuesday when he reversed himself and said the U.S. would not impose a 20 percent fee on countries shipping goods through the strait. Instead, he said the Navy would assist ships through the waterway in exchange for investment deals with the United States.

    “Iran made a deal, and they broke it” said White House spokesperson Olivia Wales. “While President Trump’s preference is always peace and diplomacy, the deal is performance-based, and Iran’s actions constitute failure to live up to their commitments.”

    The latest about-face is a hallmark of the president’s decision-making process and the minute-by-minute governing policy he favors.

    Trump has no authority to impose fees on shipping. But these journalists won’t just say that. And his “minute-by-minute governing policy” is hardly a “policy.” He has no ability rein in any of his impulses control what he says in public.

    Peter Baker at The New York Times (gift article): In Iran, Trump Has Found an Opponent He Cannot Easily Dominate.

    On the 136th day of his war against Iran, President Trump came up with a new plan. He would impose tolls on ships traversing the Strait of Hormuz in exchange for protecting them from Iranian forces.

    But that was then. On Day 137, he had another new plan. No tolls after all.

    Mr. Trump’s 180-degree reversal on Tuesday in the face of protests from his Arab allies who were not so excited about paying tolls reflected how adrift he seems to be in prosecuting his war against Iran. What was supposed to be a clean four-to-six-week operation is now in its messy 20th week. Improvisation and impulse are not working.

    A banner in Tehran last week threatening President Trump. Credit…Arash Khamooshi, Polaris for The New York Times

    A president who has made flexing his power on the world stage a hallmark of his second term has found in Iran an opponent that so far will not bend to his will and a geopolitical conflict that cannot be won through nasty social media posts or tariff threats. The memorandum of understanding that he brokered with Tehran last month to halt the fighting turns out to have been a memorandum of misunderstanding, and Mr. Trump now seems to have neither a clear military nor diplomatic strategy.

    “He’s encountered a country that is not willing to play by his set of rules, which is you bend and kiss the ring and tell him how great he is and try to get whatever concession he’s willing to give,” said Vali Nasr, a professor at the Johns Hopkins University School of Advanced International Studies who has advised presidents and secretaries of state on the Middle East.

    Mr. Trump’s no-end-in-sight venture in the Middle East has become a fresh lesson in why the region has been a sinkhole for presidential ambition for generations. The instruments of power that help advance U.S. interests elsewhere around the globe do not necessarily work there, as many of Mr. Trump’s predecessors have discovered.

    It has been especially frustrating for Mr. Trump, who has reveled in getting his way since returning to office last year and even boasted that he might be the most powerful man in world history. But while he has successfully pressured NATO allies into increasing military spending, extracted concessions from trading partners and essentially took over Venezuela with a one-night surgical commando raid, it is not clear that he can get his way in the Persian desert.

    A bit more:

    John Hannah, a former national security adviser to Vice President Dick Cheney and now a senior fellow at the Jewish Institute for National Security of America, in the past has supported the limited use of military force to stop Iran from building a nuclear weapon. But he said that by going for “a massive decapitation strike,” Mr. Trump had clearly underestimated the theocratic power structure that took power in the 1979 Iranian revolution and overestimated American capacity to topple it.

    “In retrospect, this was clearly a war based on fatally flawed assumptions,” Mr. Hannah said, “none more damaging than the president’s apparent conviction that Iran’s revolutionary regime was a flimsy house of cards ready to collapse in a hail of American airstrikes and bellicose Truth Social posts.”

    “Compounding the error,” he added, “there was no rigorous national security apparatus around the president prepared to speak truth to power and subject his wrongheaded assumptions to systematic questioning based on the knowledge and experience of real foreign policy, defense and intelligence professionals.” [….]

    Mr. Trump seems uncertain how to proceed. He has turned back to the use of military force and ordered the resumption of a naval blockade in the Strait of Hormuz. He has threatened to take “a nice, big fat shot” at Pickaxe Mountain, a fortified site near one of Iran’s main nuclear facilities. But with popular opinion against the war, he has given little indication that he is willing to resume the sort of full-fledged bombardment that marked the beginning of the war.

    At the same time, he has suggested there will be further negotiations but has not articulated how talks that failed before could succeed now. In fact, he has expressed deep skepticism that they could, although of course that might simply be a way of lowering expectations. Instead, Mr. Trump seems to think that he can outlast the Iranians because their economy is in dire shape while the Iranians seem to think that they can outlast him because of the politics of gas prices heading into midterm elections at home.

    We are in deep trouble. Remember we don’t have that many weapons left after Trump and Hegseth’s previous bombing raids.

    One more on Iran from Paul Krugman at his Substack (This is a transcript of a podcast): The Forever War Gets Scary.

    The war with Iran has just reached a very scary phase, and I’m not talking about the bombs and the drones….

    If you’re following the news, you know that the sort-of ceasefire with Iran has been called off. Trump has reinstated the blockade. The Iranians are back to hitting things with their drones and missiles.

    The U.S. position has been wildly erratic. First, Trump said he was going to impose a 20% toll on all shipping, basically turning the Strait of Hormuz into a U.S. toll booth, which would have been wildly illegal and irresponsible, aside from being impossible. Now he says, no, he’s going to demand that countries invest in the United States, which is also actually wildly illegal. But in any case, it’s never going to happen.

    Paul Krugman

    And yet, this is extremely scary. The reason to be afraid is not that I think the war is going to come to America. It’s not even that I think the United States is going to seriously try to occupy Iran. We don’t have the troops. We don’t have the missiles. Trump depleted a large share of our weaponry in the course of his failed war so far. So this is likely going to be punitive strikes, maybe some war crimes along the way, but that’s all.

    But what is really frightening here is that it does appear as if Trump has given up on trying to extract something that looks like victory. If we go back just a few days ago, it appeared that what was going to happen was that Trump was going to de facto pull out, give up on the project, take advantage of falling oil prices because the strait was sort of kind of open — and try to spin the story about this was truly, this was actually an American victory and the economy is great and look at the stock market.

    And, you know, just it was a little bit — more than a little bit —stupid and doomed. It was also kind of amazing because a serious attempt to end the conflict would have required facing up to reality, saying, OK, this war didn’t go well, but America remains great. Sorry about that.

    But that was apparently not something Trump emotionally could bring himself to do. He just cannot admit that this venture failed. He can never admit that anything failed. We’re going to be searching for the saboteurs of the reflecting pool for the remainder of his presidency.

    But what is really frightening here is that it does appear as if Trump has given up on trying to extract something that looks like victory. If we go back just a few days ago, it appeared that what was going to happen was that Trump was going to de facto pull out, give upon the project, take advantage of falling oil prices because the strait was sort of kind of open — and try to spin the story about this was truly, this was actually an American victory and the economy is great and look at the stock market.

    Please read the rest. The point is that now Trump is likely to double down on his “election fraud” story. He’s announced an address to the nation tomorrow night, supposedly about election fraud in 2020, specifically in Georgia. Back to Krugman:

    I don’t know how this is going to play out. But we are really now at the point where it’s pretty clear that Trump and the people around him have given up on actually winning the election. They’ve decided instead that somecombination of propaganda, misinformation, disinformation, and possibly massive illegality is their way forward.

    And don’t say they wouldn’t do that. That has been famous last words every step of the way. The proposition that there were some things that even Trump and company would not do has been the best way to be wrong about everything, every step of the Trump administration.

    So in a peculiar way, the fact that Trump is back to bombing Iran is really bad news, not because of the bombs. Yes, it’s terrible and all that, But not because I have any real fear that America is going to be at risk from a foreign power, but because I think it signals an enormous risk to us from our own president, our own government.

    Be afraid, be very afraid.

    Now to the war within–between Trump’s ICE shock troops and the American people.

    Yesterday, ICE announced there would be no more traffic stops, after ICE agents gunned down two more innocent people. AP: Trump administration orders ICE to suspend most vehicle stops after 2 deadly shootings.

    BIDDEFORD, Maine (AP) — Trump administration officials told Immigration and Customs Enforcement officers to suspend most vehicle stops after two deadly shootings within a week, people familiar with the decision said Tuesday.

    The policy change came after an ICE officer shot and killed a Colombian driver Monday in Maine and a week after one shot and killed a motorist in Houston, renewing criticism of the agency’s enforcement tactics that were widely condemned last winter after the killings of Alex Pretti and Renee Good in Minnesota.

    In Florida on Tuesday, a third man in roughly a week died during an encounter with immigration officers. This time, a 28-year-old man was killed after he was hit by a tractor trailer while running from immigration and other federal officers, authorities said.

    The suspension of vehicle stops allows room for exceptions when executing a criminal warrant or working with partner agencies, according to a person who spoke Tuesday on condition of anonymity to discuss sensitive law enforcement operations. Matthew Felling, a spokesperson for Maine Sen. Angus King, said the senator’s office was also told by the Department of Homeland Security that ICE was suspending stops.

    But Trump didn’t like that. The Hill: Trump says ICE can’t give up traffic stops: ‘Important and effective.’

    President Trump on Wednesday said Immigration and Customs Enforcement (ICE) should continue utilizing traffic stops, calling the tactic one of the agency’s “most important and effective” enforcement tools.

    “The men and women of ICE are doing a GREAT job, one that has to be done,” Trump wrote on Truth Social, praising the agency’s efforts to enforce his deportation agenda and taking a swipe at the previous administration’s border policies.

    “CRIME IS WAY DOWN IN AMERICA, in many cases with numbers that haven’t been seen in decades,” he said, later adding that “we must be strong, tough, and smart, and we CANNOT give up one of I.C.E.’s most important and effective Crime Fighting tools, THE TRAFFIC STOP! Once we do, we are playing right into the criminal’s hands.”

    “The Radical Left Dumocrats would like to see this done, but it won’t happen on my watch. I.C.E., be judicious, fair and smart, and go back and do your very important job,” Trump said.

    So apparently, the murders will continue, never mind that ICE has no legal authority to make traffic stops. They aren’t police.

    Today the Senate Judiciary Committee is holding a confirmation hearing on Todd Blanche’s appointment to be Attorney General. Here’s what’s happening so far:

    The Washington Post: Trump ally Blanche vows to regain senators’ trust at AG confirmation hearing.

    Acting attorney general Todd Blanche defended his tumultuous record as the temporary head of the Justice Department on Wednesday as he faced bipartisan scrutiny of his bid to become the nation’s Senate-confirmed chief law enforcement officer.

    Blanche, President Donald Trump’s former defense lawyer tapped last year to serve as the Justice Department’s No. 2 official, has held the department’s top job on an interim basis since April, when the president fired his predecessor, Pam Bondi.

    Acting attorney general Todd Blanche takes his seat to testify before a Senate Judiciary Committee hearing on his nomination at the U.S. Capitol on Wednesday. Evelyn Hockstein Reuters

    In that time, he has accelerated investigations of the president’s political rivals; defended and then abandoned a controversial plan to create a nearly $1.8 billion fund to pay those who claim they were targeted by political prosecutions; and pushed forward with probes aimed at finding evidence to support Trump’s long-held, baseless claims that the 2020 election was stolen from him.

    Though Blanche’s tenure has drawn bipartisan pushback at times and prompted even some Republican senators to question whether they will vote in support of his nomination, he told members of the Senate Judiciary Committee on Wednesday that his ultimate goal is to make America safer.

    “I am here today to earn your trust once more,” Blanche said at the top of his confirmation hearing. He added: “In recent years, Americans watched as the Justice Department turned against many of you and a former president, and it damaged the public’s faith in justice. We are fixing that.”

    Democrats on the committee, who are unified in their plans to reject Blanche’s nomination, signaled that trust has beenirrevocably broken during Blanche’s months at the Justice Department’s helm.

    Sen. Dick Durbin (Illinois), the committee’s ranking Democrat, lambasted Blanche as a “yes-man” who has overseen a hollowing-out of department personnel and never stopped viewing his job as protecting Trump.

    “This nation deserves an attorney general who loves the Constitution more than he loves any single president. An attorney general who is focused on keeping Americans safe and combating corruption — not satisfying the president’s personal grievances and filling his bank accounts,” Durbin said.

    Blanche also committed a little oopsie:

    Blanche, himself, briefly stumbled when describing his relationship to Trump and whether he considers the president a friend.

    “I’m his lawyer,” Blanche said, before quickly correcting his statement. “Was his lawyer.”

    One more from Politico: Todd Blanche says he can’t meet directly with Epstein victims.

    Todd Blanche fended off questions about his handling of the Jeffrey Epstein files at his confirmation hearing Wednesday morning, telling members of the Senate Judiciary Committee that “when it comes to victims of his horrible man, we will never, never not talk to victims.”

    But pressed by the top Judiciary Committee Democrat, Dick Durbin of Illinois, to meet with 10 victims present in the hearing room, Blanche suggested he is personally prohibited from meeting directly with them and instead offered to have them meet with one of his deputies.

    Durbin replied: “I think you ought to be in the room because you ought to hear this. You have a singular responsibility for these files.”

    Earlier in the hearing, Judiciary Committee Chair Chuck Grassley (R-Iowa) handed Blanche an opportunity to defend his work overseeing the disclosure of the files. Blanche told the committee that “if we learn today, if we learn next week, if we learn next month that there’s an individual that we can investigate, indict and prosecute out of the Epstein files, you better believe it we will.”

    I’ll believe that when I see it.

    That’s it for me today. What stories grabbed your attention today?

    #DonaldTrump #ICEMurders #ICETrafficStops #IranWar #PaulKrugman #StraitOfHormuz #ToddBlanche
  17. Fear, dominance, and coercion are faster and cheaper to use than rationality, self-regulation, and cooperation as motivators.

    So they can't just say that across the entire political spectrum, US national identity is still defined by a cult of #WhiteSupremacy #Capitalism #Patriarchy #Christofascism and an absolute obsession with a Social Darwinistic #ClassHierarchy.

    The Politics and #Psychology of #CleanEnergy with #PaulKrugman and #HeatherCoxRichardson
    #US #PetroState #Politics #Policy #Law #Economics #EconomicJustice #EnvironmentalJustice #ClimateChange #PsychoSocial #Psychosexual #GenderIdentity #Masculinity
    youtube.com/watch?v=xko_RjVGTto

  18. Slate Magazine | How This New Gilded Age Ends by Mary Harris

    AI generated summary, Read the full article for complete information.

    In the latest episode of What Next titled “How This New Gilded Age Ends,” host Mary Harris and guest Paul Krugman examine how today’s concentration of wealth far exceeds that of the historic Gilded Age, with a shrinking elite increasingly controlling a massive and growing share of assets and working to preserve that dominance, raising the question of whether the current economic ascent can ever be reversed.

    Read more: slate.com/podcasts/what-next/2

    #PaulKrugman #CityUniversity #RobGunther #GraduateCenter #economics #EvanCampbell #MadelineThames_Ducharme #PatrickFort #PaigeOsburn

  19. "The question of whether #crypto is good for anything other than crime is still very much open." -- economist #PaulKrugman.

  20. Paul Krugman asks: Did the Supreme Court just give President Trump unchecked power? The Court's decision to overturn Humphrey's Executor enables corruption by allowing a president to reward allies and punish enemies, gutting congressional authority. Lisa Graves warns this stems from the Federalist Society's long game. Read the full conversation for the deep dive: paulkrugman.substack.com/p/lis #SupremeCourt #Democracy #LisaGraves #PaulKrugman

  21. Sobering words from #paulkrugman. “The Court Sides With Dictatorship — and Chaos.
    Today's ruling is even more disastrous than people realize”
    paulkrugman.substack.com/p/the #SCOTUS #kleptocracy #president

  22. youtu.be/cAKGQQsF2RA?si=NP2nV3

    Krugman rightly calls for this evil parasite to be held to account.

    One of many investigations that will be needed -- no indemnity and oblivion for these people!

    #USPolitics #PaulKrugman #ElonMusk

  23. #PaulKrugman on the similarities of current federal immigration policies to anti-Jewish pogroms in Europe’s past. —- “Pogroms, American Style/The Trump administration’s attack on immigrants isn’t about rule of law, crime or jobs. It’s racism and sadism all the way down”
    paulkrugman.substack.com/p/pog

  24. #PaulKrugman calls for #DeMAGAfication of #USpol to #SaveAmerica. huffpost.com/entry/paul-krugma

    Needed, but not enough if we do not *also* reform our #education system. Otherwise, a different pathological narcissist will start a new #cult leading to another dangerous ‘movement’ that the nation might not survive.

    There can be no ‘sacred cows’ if we are committed to #EvidenceBased research and development.

  25. Paul Krugman over Trump:

    'Zelfs dictators uit derdewereldlanden probeerden hun diefstal nog een beetje te verdoezelen.'

    Meer Paul Krugman:
    paulkrugman.substack.com/

    #Buitenhof #Trump #PaulKrugman

  26. It's difficult to get a man to understand something when his cash flow depends on his not understanding it.
    -- Paul Krugman

    ⬆ #Wisdom #Quotes #PaulKrugman #Greed #SelfDeception

    ⬇ #Photography #Panorama #Okefenokee #Swamp #Canoe #Georgia

  27. Nothing to see here, just keeping track of this Paul Krugman article:
    paulkrugman.substack.com/p/wha
    "What Happens When Americans Realize How Miserable We Are?
    Life is about more than GDP"
    #economics #PaulKrugman

  28. Paul Krugman aponta declínio da saúde pública nos EUA

    • A decadência da saúde estadunidense • Agressões a médicos no Rio de Janeiro • Racismo na saúde em pauta na Radis • E MAIS: doação de órgãos; crianças e alcoolismo; alimentação de povos tradicionais •

    outraspalavras.net/outrasaude/

  29. Kevin Warsh is Trump's Sock Puppet
    youtu.be/T_amEPmvfNE?si=3Fz6wx

    There is a whole debate to be had about the political economy of "independent" and "technocratic" central bankers, but in the meantime let us note that Krugman is probably correct in his prediction that Kevin Warsh will be Trump's obedient servant at the Fed.

    #USEconomy #FederalReserve #KevinWarsh #PaulKrugman #DonaldTrump #USPolitics

  30. 1/n Whhat ? You were thinking we’ d not check in with the locals ? Here’s #PaulKrugman and #HeatherCoxRichardson tryin to figure stuff out, local edition.
    How America is Losing the World with Paul Krugman and Heather Cox Richardson
    youtube.com/live/i2OtDhSdE6A?s

    Now to be sure this isn’t about looking for propagating critical points resulting in collapse. That is a different conversation. For present moment gestalt though, not far from things the bewildered masses should be at least considering…

  31. 1/2 The unseating of Orban and Fidesz in #Hungary is a huge win for #Democracy everywhere. Why ?
    I remember the first signs that the Fidesz playbook early on leaned heavily #Fascist. Then #PaulKrugman along with regional academics helped alert the world to what was going on there, particularly the early hijacking of institutions and the judiciary. Orban’s authoritarian alignments didn’t waste any time appointing cronies.
    So here we are, nearly a decade later. Hungary is taking first steps…

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