Ukraine offers to help defend the West from Iranian drones.
Russia helps Iran track American forces.
And the White House eases sanctions on Russian oil.
Explain that to the families of U.S. troops. My latest:
open.substack.com/pub/adamkinz...
I have never been prouder of my star alliance affiliation.
Next up: public transit.
Well it's clear PoliSci is toast.
I said, "Add labels" and decided the output was good enough for bsky.
There's no glory in toppling minions.
With the possible exception of RFK Jr, Stephen Miller and Russel Vought are the only members of this administration with any agency.
Slope: ≈ 0.477, R^2: 0.228. (Again, GPT)
Here's the (chatGPT-extracted & compiled) plot of "Total Bad" vs support for that country's right-wing party. Raw data in the alt-txt.
The easiest money in political advertising today has got to be round-the-clock ads on Fox News in the Miami market with anti-Trump quotes from John Cornyn.
www.theatlantic.com/politics/202...
EU foreign policy is a mess because the Lisbon Treaty is a mess. Hence EU “high rep” title not EU “foreign minister.” Member states want the EU to be strong and speak with one voice but hesitate to make the trade: control (sovereignty) for strength. And the end result is they get neither.
Your taxes?
I'd be willing to decimate the white collar economy if it means nuking Intuit.
Man, all the neo-cons who went through that whole charade to pretend Saddam was an existential threat must feel like they were cheated.
The constitution gives congress the authority to declare war.
But a certain brand of executive can declare a “special military operation.”
My latest with @cato.org’s Clark Packard: foreignpolicy.com/2026/02/26/t...
This article does a nice job raising the longer-run issues that are driving people away from the US: health care and housing costs, guns. I'd also include terrible urban planning that prioritizes cars.
Trump leaving doesn't fix this, and neither does Dem price controls.
www.wsj.com/us-news/amer...
No, that these are two completely unrelated issues:
T&D investment has been bonkers, and is rate regulated. Lowering ROE will help reign that in, and lower bills.
Lowering regulated ROE won't deter gen investment, because that's overwhelmingly deregulated. It's being held up by different forces.
Connecting some more specific comments to the main thread:
bsky.app/profile/stev...
There are *definitely* problems with generation investment--but it's mostly that generators that want to connect are being prevented from doing so.
This has *NOTHING* to do with keeping ROE high to encourage investment. Generation investment is deregulated, and it's banging to get in.
- Utilities engage in much of the shenanigans that prevent entry, transmission, etc. Proposing that they might be the *solution* to the problem is like saying we'd repair distrust of Wall St. by making Bernie Madoff Treasury Secretary.
- US GDP is up ~45% since the GR. Electricity consumption is basically flat. The quantity is determined in equilibrium, it's not welfare, and the comparison with China is just too dumb to critique.
Putting aside the kinds of in-the-weeds stuff specialists would object to:
- Lowering ROE reduces the price, and demand curves slope down. This isn't `degrowth' stuff.
- T&D is now like 2/3 of the bill. It's grown astronomically, and is *universally* rate regulated. This has nothing to do with gen.
For some more publicly-readable thoughts on permitting and T&D reforms here are a couple of pieces from me:
www.stevecicala.com/papers/EPIC/...
www.stevecicala.com/papers/energ...
Here are some resources for the interested reader:
Always, the @ucenergyinstitute.bsky.social blog:
energyathaas.wordpress.com
Yes, utility regulation is tedious, technical and (to some) boring. That's a reason to understand the underlying forces before diagnosing the problem.
Perhaps we should go back to vertically integrated utilities bc China is producing more power! WTF kind of logic is that? Tom Friedman would blush.
In an effort to make bsky a place where people come to read dunks based on substance rather than scolds for not adhering to some liberal orthodoxy:
This is pretty dumb.
Not that it’s a competition but I was supposed to fly back to BOS yesterday, changed my flight to tomorrow (24hr after the storm), it was cancelled, and now I’ll get back on early *Saturday* morning.
Traveling with a toddler.
Send thoughts and prayers.
kalshi market crashes after oral arguments
The markets are not "muted" in response to tariffs--they've already priced much of it in:
- Prediction markets fell 25% after oral arguments.
- The firms hardest hit by tariff announcement largely recovered after arguments.
- Looking forward, new tariffs are anticipated.
Every. Single. Time.
I held out with the iPhone SE as long as I could until the mini came out. It has been good, and I’ll keep replacing when necessary with the 13 mini until Apple makes another phone-sized phone.
