https://t.co/mgWQbsFQGN
1/Today's @bopinion post is about Trump's taxes, and what they show about how America allocates capital.
We appear to have some big problems.
https://t.co/mgWQbsFQGN
Why would creditors give money to a guy who wastes the money on bad businesses and doesn't even pay them back?
Why hasn't an abundance of cheap capital caused the return on financial capital to fall? Interest rates are low, but stock returns have held up strongly.
When you increase the supply of loanable funds, prices are supposed to go down. In other words, cheap capital should fund a lot of marginal businesses that compete away profits...
Simcha Barkai and Matt Rognlie have both written about this:
1. https://t.co/OLln8npr8b
2. https://t.co/BY1EWyluD7
https://t.co/xNzE9SO8nY
https://t.co/BY1EWyluD7
And it doesn't really explain Trump, does it? He's not a monopolist, and he doesn't even make profit. He's just a huckster who can borrow cheaply because he's famous.
Financiers are willing to throw tons of cheap money at big powerful companies or at famous hucksters like Trump, but charge inordinate prices to fund new entrants or marginal businesses.
We need to figure out what's going wrong, and fix it!
(end)
https://t.co/dHVCEQGa9q
More from Noah Smith 🐇
This explains why immigration is now at the center of partisan conflict.
Why did California turn Blue?
— Sen. Eric Brakey (@SenatorBrakey) October 28, 2018
Why is Texas turning Blue?
The left has failed at selling socialism to the American people for decades. We have rejected it.
Their new strategy is mass importation of new voters to transform our political culture.
Of course, the belief in ethnic bloc voting becomes a self-fulfilling prophecy.
When a slight Dem tilt among Hispanics and Asians caused the GOP to turn against them, Hispanics and Asians shifted more toward the Dems. Etc. etc. A self-reinforcing cycle.
Bush's 2006 amnesty attempt, and the 2013 intra-GOP fight over immigration reform, were two moments when the GOP could have turned back to the approach of Reagan, and courted Hispanics and Asians.
But they decided against this, and...here we are.
What will disrupt this bad equilibrium, and save American politics from being an eternal race war?
Either:
A) More white voters will grow disgusted with the GOP approach and defect, or
B) The GOP will find some non-immigration-related issues to attract more Hispanics and Asians.
As long as both parties see elections in terms of racial bloc voting - where the only way to win is to increase turnout among your own racial blocs or suppress turnout by the other party's racial blocs - American politics will not improve, and the country will decline.
(end)
\u2018The Simpsons\u2019 producer confirms Apu is being written out of show following controversy https://t.co/lKzFCe1wFa pic.twitter.com/s34IUDUtqs
— NME (@NME) October 26, 2018
2/Apu's presence in Springfield represented a basic reality of America in the late 20th and early 21st century: the presence of nonwhite immigrants.
3/As Tomas Jimenez writes in "The Other Side of Assimilation", for my generation, immigrants from India, China, Mexico, and many other countries aren't strange or foreign. On the contrary, they're a
4/But that America I grew up with is fundamentally ephemeral. The kids of immigrants don't retain their parents' culture. They merge into the local culture (and, as Jimenez documents, the local culture changes to reflect their influence).
5/Simpsons character don't change. But real people, and real communities, do. So a character who once represented the diversity that immigrants brought to American towns now represents a stereotype of Indian-Americans as "permanent foreigners".
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote:
More from Trump
-13,454,254 Cases of COVID-19 in US
-US CV-19 Death Toll Rises to 271,026
-Day 20 Since Biden Declared Winner
-Day 424 at a Trump-owned Property
-Touts Assassination of Iran Scientist
-Appointed Judge Rejects PA Lawsuit
-$3M Recount Increases Biden Lead
https://t.co/hOfTV6hRNx
According to the press pool, Trump arrived at his Trump-branded golf club this morning in Sterling, VA.
— Alamo_On_The_Rise \u2197\ufe0f\U0001f198 \U0001f1fa\U0001f1f2 (@AlamoOnTheRise) November 27, 2020
This is Trump's 315th day at a golf club and 424th day at a Trump property since taking office at our expense as the outbreak continues to ravage our country. https://t.co/zaNo0gWEpY
https://t.co/KYBIm6Qohw
along the "presidential" motorcade route today. pic.twitter.com/eIkQi5ZhtC
— ActivistKathy (@activistkathy) November 27, 2020
https://t.co/Bj5tluZ5dh
The sign I was holding as Trump pulled into his golf course. Visible in above picture! pic.twitter.com/kYC5aQJB8A
— William D Johnson (@GMUBillJohnson) November 27, 2020
https://t.co/Q9YG4btKvH
Reminder: Trump said, if elected, he would never see his golf courses ... would be working all the time #TrumpLies pic.twitter.com/Kj6aFVoeaw
— Alamo_On_The_Rise \u2197\ufe0f\U0001f198 \U0001f1fa\U0001f1f2 (@AlamoOnTheRise) September 20, 2020
A lot of conversations today among Republican senators over move by @HawleyMO to challenge the certification of Biden\u2019s Electoral College victory. Small groups of Rs were huddling on & off the floor trying to game out the politics of what will happen Jan. 6
— John Bresnahan (@bresreports) January 1, 2021
2. to hedge off these threats will also create fissures & fractures for these incumbents among other elements of their party that could complicate their renominations. Indeed, what worries me the most about the potential for the country to slip into @anneapplebaum territory is
3. that what should be robust and intense push back from the party establishment against actually ending democracy- bc that's what Trump's request would do, if it was granted, is fairly muted. What we SHOULD be seeing from the mainstream of the party is threats to strip committee
4. assignments, chairs, privileges, even reelection funds, if anyone gets involved in this bullshit- in the House & the Senate, and the fact that you don't see it is more than a story of McConnell & McCarthy being afraid of Trump & his base. Its a story of receptivity, of the
5. level of receptivity the congressional and party leadership is dealing with both within the rank and file membership of the party and within its donor class, and THAT, my friends, is why you find me so concerned. That, and my decision to finally pull @anneapplebaum's book
Going to provide some links and info for those who might be interested in reading more on the topic.
In June, a trove of hacked law enforcement documents was posted online. I went through hundreds of those files to look at how law enforcement was treating antifa/anarchists vs groups on the far right.
Part of the reason I did this was because we had already published reporting showing that the NYPD was using a curfew in response to the George Floyd protests to hand over demonstrators to the FBI for questioning. Antifa was a subject of the interviews.
You can find that original reporting here: https://t.co/7vD7QuNLZP
And in more depth here:
As expected, the analysis of the docs posted online showed extensive law enforcement emphasis on antifa/anarchists even amid detailed evidence of threats and action from far right groups, including the murder of law enforcement
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The question is:
Is this an official account for Bahcesehir Uni (Bau)?
Bahcesehir Uni, BAU has an official website https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir
BAU’s official Twitter account
BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU
Nowhere among them was @BAUDEGS to find