Max Moran
8K posts
@MaxMoranHi
Law student. Fellow at @RevolvingDoorDC. Usual disclaimers apply. @maxmoranhi.bsky.social
The New York Times in particular and the mainstream business press in general have offered us a steady diet of demand-based explainers for industrywide price hikes in the post-Covid era. The latest installment in this series concerns surging hotel rates in Vegas. In my latest piece for @TheSlingUtah, I explain—using some basic graphs—why this neoliberal spin doesn’t work as a matter of economics.
The whistleblower report from SSA's Chief Data Officer is insane, everybody should read it. Without any means of tracing access or use, "Big Balls" uploaded American's SSNs, DOB, health info, and more into an unauthorized cloud environment—and every American could need a new SSN.
🚨 DNC members rejected an amendment that urges support for the recognition of Palestine as a state and to end all military aid to Israel.
Peter Conti-Brown, a scholar of the Fed’s history at the University of Pennsylvania, noted that the mortgage transactions preceded Lisa Cook's appointment to the Fed, and were in the public record when she was vetted and confirmed by the Senate. "These officials have been vetted by our President and our Senate, that means that all things that they had done during their times as a private citizen were already vetted,” Conti-Brown said. “So the idea that you can then reach back, turn the clock backward and say, you know, all these things that have happened before now constitute fireable offenses from your official position is to me incongruous with the entire concept of 'for cause' removal.”
If the President of the United States does not have the Article II power to remove any Federal Reserve governor--at any time, for any reason--then the Federal Reserve structure is unconstitutional.
