Jo Arlow

As a result, stablecoins have grown to $300 billion in market value from roughly $20 billion in 2020. The Federal Reserve estimates they could be worth $3 trillion in five years. Because stablecoins use Treasuries as the primary collateral to create this cashlike safety, cryptocurrencies have effectively flooded into the Treasury market, the central artery of the U.S.-led global financial network. Stablecoin-issuing companies, like Circle and Tether, now hold more Treasury debt than major U.S. government creditors like Saudi Arabia and South Korea. Some experts fear that the next crypto crash could cascade into major losses for the highly sensitive short-term U.S. debt markets in which Treasuries predominate. The open question for regulators, bankers and the Trump administration is whether the growing centrality of the coins carries more upside or downside risks.

What could possibly go wrong?

NYT: A Crypto Coin Is Gobbling Up U.S. Treasuries

www.nytimes.com/2026/03/08/b...

Again, only Republicans are allowed to ever talk this way about Real Folkz living in America, & there is a straight line through the last 160+ years of American history to "Non-Christians are not Real Americans & don't belong here."

A Brief History of America’s Involvement in Iran - The American Prospect For many younger Americans, this is the first U.S. war in the Middle East. Here’s how we got here.

I'm back from a week off, anything happen while I was away?
Oh yeah, that. Well fortunately Naomi Bethune has supplied for me an entire history of U.S. intervention in Iran. Something to share with your underinformed friends:
prospect.org/2026/03/09/i...

This disgusting shit doesn’t belong in American society.

And Republicans who support it don’t belong in Congress.

Like I've been saying, the present and future of the GOP is Nazi.

Key Details of 13-Year-Old Trump Accuser’s Accounts Are Verified The newly corroborated details suggest the woman was truthful about numerous aspects of her life.

There is apparently credible evidence that the president of the United States is a pedophile. The comforting phrase “accused him without evidence” no longer fits this situation, and journalists must resort to the more perfunctory “hasn’t been formally charged.” www.thedailybeast.com/key-details-...

This is not true—driver’s licenses aren’t acceptable under the SAVE Act without additional proof of citizenship. The fact that they keep doing this sleight of hand should make clear that the SAVE Act is not something that “every American gets”

Billionaires Are Swaying Elections in All Corners of America

“The Times analysis found 300 billionaires and their families donated more than $3 billion—19% of all contributions—in federal elections in 2024. The billionaire families gave an average total of $10 million each in 2024, roughly equal to what 100,000 typical political donors gave, combined.“ Gift:

If you’re roughly my age, it’s wild to reflect on the optimism for the future Americans felt when Obama was elected — young Americans spontaneously took to the streets to celebrate! — and contrast with what we face today. The falloff over the past 18 years is hard to process.

this is frankly one of the most bonkers 60 seconds in Fox & Friends history -- Lawrence Jones chastising Democrats for hurting Trump by commenting on realty immediately followed by Brian Kilmeade admonishing tanker captains to "show some guts and go through that Strait." Incredible stuff.

This didn't happen. The perception that it did is largely based on fictional shows that were about rich people. Much more common was a household where one person (theoretically Dad in a het household) was the higher earner and paid the housing costs and the other paid utilities & food

Map snapshot depicting the predicted relative anomalousness of surface temperatures from the ECMWF ensemble over the Western U.S. in about a week from now. A a huge region of bright orange and red colors (depicting extremely high warm temperature anomalies) is centered right in the middle of the map, and covers essentially the entire region.

Lots of buzz online about an upcoming major March heatwave for the American SW & California. And in this case, it does indeed appear increasingly likely than an extremely anomalous and even record-breaking heatwave may envelop much of the SW about a week from now.

It’s fine for Russia to use drones to freeze out your population — by the way, can you give us your drone defenses? This is the actual US position.

It's been 65 days since Donald Trump invaded a sovereign state, abducted its leader, and declared the US will "run" the state indefinitely

It's been 9 days since Trump launched a war (his word) against Iran without congressional approval

No House member has filed articles of impeachment for either

AI Is Accelerating the Loss of Our Scarcest Natural Resource: Water With the rise of generative AI, companies have significantly raised their water usage, sparking concerns about the sustainability of such practices.

And it’s killing our fresh water supplies. People don’t realize how much water it takes to cool these machines. They should not be draining our Great Lakes to do this. #AIIsKillingOurPlanet

Please avoid using it if you can.

www.forbes.com/sites/cindyg....

Why the US is facing strategic defeat Drone, Missiles, THAAD

Above my pay grade to check the math but this argues (with data) that even under US attack Iranian drone production can keep SoH closed for months causing inflation, food shortages and global recession. US is facing catastrophic strategic defeat policytensor.substack.com/p/why-the-us...

Reddit screenshot from Glasgow thread. Bright flames rising out the side of a Victorian building.

Video screenshot from Reddit. Building is now a shell with flames visible in every window.

The roof has collapsed embers rise into the night sky.

The fire at Glasgow central station is utterly devastating. Shops, homes and our transport link to England are being wiped out.
I am amazed by the limited news coverage.

Oh no! Yes, for sure put everything in your shower bag and hang it on the door!

Two cactus wrens sitting atop a chollo.

I love the way these cactus wrens (photographed today) have a safe shelter inside a chollo catcus where they built their elaborate nest.

wow!!! gorgeous work.

Anza Borrego SP is another accessible great place for photographing the Milky Way.

Their campgrounds are wonderful and the showers there are cheap too lol.

‘Dark, like our future’: Iranians describe scenes of catastrophe after Tehran’s oil depots bombed Residents report terror of smoke-filled city, from potentially toxic rain, air and water to food scarcity and difficulty of escape

“An activist and former political prisoner…said the situation was ‘apocalyptic’…[and] ‘The situation is so frightening it’s hard to describe. Smoke has covered the entire city. I have severe shortness of breath and burning in my eyes and throat, and many others feel the same.’”

These ghouls act like they've discovered some novel secret: "Hey, guys, GUYS! Did you know that we can just kill people whenever we want?" Yes, you absolute idiot, that's ALWAYS been true. We just chose not to, for good and self-interested reasons which the entire world is about to learn yet again.

An underrated thing is going to bed and *not* wondering what crazy shit will greet you in the morning

Trump to Times of Israel: It’ll be a ‘mutual’ decision with Netanyahu regarding when Iran war ends US president clarifies he'll make final call to end operation 'at right time'; says in phone interview that he and PM ‘worked together' against Islamic Republic: 'We’ve destroyed a country that would ...

Because it's America first, Trump says he'll only make war decisions he and Netanyahu can agree on. www.timesofisrael.com/trump-to-tim...

The DOJ released evidence, which the FBI deemed credible, that the President of the United States sexually and physically assaulted a 13 year old girl AND she was afraid to talk about it because Trump would kill her—and it’s somehow not the biggest scandal in American history?

AOC: The Pentagon has not passed an audit, and they are out here trying to kick people with disabilities off of Medicaid. It is corruption that is stealing from the public coffers — and that is the actual waste, fraud, and abuse.

DC folks actually sort of need to demand that heads roll over this. It’s a real problem if law enforcement in the capital is so pathetic, weak, and supine that their instinct is to act as stormtroopers for illicit federal power grabs.

This was completely unnecessary. It did not have to happen. Everything that has happened since February 28th did not have to happen