Abe Sauer @abesauer

If you're a Minnesotan you should be taking one less trip to Starbucks because you're going to Dunn Bros

David Weigel @daveweigel

a week ago

If you're a Minnesotan, you should be taking "one less trip to Starbucks" because you're going to Caribou.

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i bet it feels good as hell to be a fat bear floating down the river

Future Bulwark byline.

New York Magazine @NYMag

4 months ago

Former Fox News host Tucker Carlson said on his podcast that he was sorry for ‘misleading people’ with his support of President Trump. nymag.com/intelligencer/…

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Love that Wisconsin Congressman Orden is essentially lunatic tea party John Slatterly character from 30 Rock.

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Imagine being a pilot hunted through 18,000 foot mountains, struggling for breath, and your clown-ass President is tweeting fucking war crimes while his son is making money off gambling whether you’ll live or die on Polymarket.

Just had a call with my accountant about my tax bill. In unrelated news, I am now a Republican.

In a few years, people will pretend they never supported Trump. It’s already happening.

The historical antecedent for this was all the Asia experts who lost their jobs to McCarthyism for telling the truth about Chiang Kai Shek's nationalists being unpopular, incompetent, and cruel, so were not around to advise as America slid into Vietnam. newrepublic.com/post/207857/do…

**I bet if I put the anecdote about shooting my puppy for disobedience in this chapter it'll show that I'm a tough decision maker not weighed down by emotionality**

More Perfect Union @MorePerfectUS

5 months ago

Billionaire Marc Andreessen says he has "zero" introspection, and that the idea itself is a modern invention.

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This might be the bleakest picture of modern American I've ever seen. Should hang in a museum.

About opposition to those Minnesota tab increases. Pick one.

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She did all that and still managed to create two restaurant businesses employing dozens of people while York, with a much larger head start, has the same job for decades basically just taking my net fir opinions. Byron's hurt because she's better at Americaning than him.

Byron York @ByronYork

6 months ago

Illegally crossed southern border into US in 2004 at age 18. Applied for asylum. Denied. Issued final order of removal in 2005. Lost appeals in 2013 and 2016. First detained by ICE in 2024. archive.is/20250815054304…

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The New Yorker's art department never misses

it’s going to be really funny when we find out volatility is decreasing rapidly across markets because literally every hedge fund manager is on a glp1 and no longer can take pleasure in risk

@Uncrewed Looks like 13% of dem voters from Nov 2024 #47A turned out while ***blinks*** less than 1% of 2024 47A Republicans did the same? Ouch.

@DeRushaJ @ryanol It starts out "Hi Brad". That suggests it's him no?

Congratulations to Greg Bovino on his new office.

GOV: We have a housing crisis. Prices are too high. ME: I agree. Supply is too low. GOV: So we have a plan. We’re going to subsidize demand. ME: …What does that mean? GOV: We’re going to give people money to buy houses. ME: But there aren't enough houses. GOV: Right. So we’ll help them bid harder. ME: If you have 10 people fighting for 1 house, and you give them all cash... the price just goes up. GOV: Then we’ll give them more cash. ME: That’s not a solution. That’s inflation. GOV: It’s "First Time Homebuyer Assistance." ME: Okay, let’s back up. Why are houses so expensive in the first place? GOV: Because we made them the perfect investment vehicle. ME: How? GOV: First, the 30-year fixed mortgage. ME: That’s standard, right? GOV: Only in America. In other countries, rates float. Here, you can lock in a low rate for three decades. ME: Why would a bank take that risk? If inflation goes up, they lose money. GOV: Banks don’t take the risk. They sell the loan to us. ME: To the government? GOV: To Fannie Mae and Freddie Mac. We guarantee the liquidity. ME: So the taxpayer subsidizes the risk so I can have cheap leverage? GOV: Correct. ME: And then I get to deduct the interest? GOV: Only on the first $750,000 of debt. ME: That seems... high. GOV: It used to be a million. We trimmed it. ME: But wait. If I rent, can I deduct my rent? GOV: No. ME: If I buy a small business, can I deduct the interest on the loan? GOV: It’s complicated. ME: But if I buy a giant house, I definitely can? GOV: Absolutely. We wrote it into the tax code. ME: So you’re paying me to borrow money to buy a bigger house than I need. GOV: We’re "incentivizing ownership." ME: What happens when I sell? GOV: The Capital Gains Exclusion! ME: How does that work? GOV: If you sell a stock for a $500,000 profit, you pay taxes. ME: Roughly 20%. GOV: If you sell your house for a $500,000 profit? ME: What do I pay? GOV: Zero. ME: Zero tax? GOV: As long as you lived there for two years. ME: So housing is the only asset class where I get subsidized 30-year leverage and tax-free profits? GOV: Pretty sweet deal, right? ME: So you turned shelter into a speculative financial asset. GOV: We call it "Generational Wealth." ME: Okay, so demand is juiced to the moon. Can we at least build more supply to bring prices down? GOV: Oh, absolutely not. ME: Why? GOV: Zoning. ME: I own land. Can I build a duplex? GOV: Illegal. Single-family only. ME: Can I build a granny flat? GOV: Only if you provide two parking spots and pass a shadow study. ME: So you made it illegal to build cheaper housing? GOV: We protect "Neighborhood Character." ME: But you spend billions on roads and utilities for the suburbs. GOV: Infrastructure investment. ME: So you subsidize the expensive sprawl, but ban the cheap density? GOV: Now you’re getting it. ME: This system seems designed to keep prices high. GOV: It is. ME: But you started this conversation by saying we have an "Affordability Crisis." GOV: We do. Prices are too high! ME: So we should lower them? GOV: No! We can’t lower prices. ME: Why not? GOV: Because then the voters lose their "Generational Wealth." ME: So we need high prices for the voters... and low prices for the buyers? GOV: Exactly. ME: That’s a paradox. GOV: It’s politics. ME: So what is your actual plan? GOV: We’re going to give first-time buyers $25,000. ME: Okay. I’m a seller. I list my house for $400,000. GOV: Uh huh. ME: I know every buyer just got a free $25,000 from the government. GOV: Right. ME: What do I do? GOV: You... keep the price the same? ME: I raise the price to $425,000. GOV: You wouldn't. ME: I absolutely would. The buyer can afford it now. GOV: But that just transfers the subsidy from the poor buyer to the rich seller! ME: Econ 101. GOV: We don’t think that will happen. ME: Just like you didn’t think $7,500 EV credits would make Ford raise the price of the F-150 Lightning by exactly $7,500? GOV: That was a coincidence. ME: You are trapping us in a box. GOV: It’s not a box. ME: What is it? GOV: It’s a Single Family Home with a 2.5% mortgage rate that you can never afford to sell. ME: ... GOV: Welcome to the American Dream.

@plattMSP What this misreads about the kinds of bizes participating is that "community" is one of their products. By participating they are doing brand differentiation. It's a kind of marketing to their base customers. Surprised a biz writer doesn't seem to understand biz.

Big step up from rural Georgia district attorney to US representative at Davis. Congrats.

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