Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
My birthday is in 3 weeks, but I will accept an early present.
Dad, Poppy, Trader, Liberal. "That which is hateful unto you, do not do to your neighbor. This is the whole of the Torah; the rest is commentary. Go forth and study." -- Rabbi Hillel I used to be @StevenJ1279 at the other place
1,721 followers 848 following 8,363 posts
view profile on Bluesky Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
My birthday is in 3 weeks, but I will accept an early present.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Obviously, Republican states will do everything they can to carry out his wishes, but wouldn’t the anti-commandeering doctrine come into play if he tried to coerce blue states through funding?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I've seen it referenced somewhere here, but can't find it. Is there a study estimating what percentage of the burden of tariffs falls on exporters, importers, and end consumers?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The Winklevoss Twins have to merge back into a single entity.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Interesting that you can't wager on a person's death, but here's a bankshot.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
It will be in samizdat form in 4 years, when we're all in the re-education camps.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
As I said: bsky.app/profile/stev...
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Colossus: In time you will come to regard me not only with respect and awe, but with love. Dr. Forbin: NEVER!
Steve Zorowitz (@stevezorowitz.bsky.social)
I love how the soccer coaches hug each other after a goal, like they had fuck all to do with it. Does Aaron Boone hug his hitting coach when Judge hits a HR?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Based on everything, safer to go with presumption of irregularity.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Based on everything, safer to go with presumption of irregularity.
Steve Zorowitz (@stevezorowitz.bsky.social)
Wow #LIVARS
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Mazel tov!
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Is there any avenue for an appeal?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The Trolley Problem
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Walz used his “weird”ing module.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Are you surprised there were as many as 4 dissents?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
My birthday is in 3 weeks, but I’d accept an early present.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Oh my poor sweet dear. Sending you a virtual hug.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Those same percentages won't hold. I would be *shocked* if any Dems on SCOTUS vote that way.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I was watching the after market action--there basically was none for 5 minutes (I read faster) and then not much. Everyone knows it's not the final word.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
That country specific tariffs are not due to a "national emergency", that "regulate importation" does not mean charging X (or Y or Z depending on the time of day). The words and actions alone of Trump make a lie to all of this.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
In my mind, this was one of the most open-and-shut cases around.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Frankly a little surprised and disappointed that there are 4 dissents.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Called it
FinTwitter (@fintwitter.bsky.social) reposted
MOST TRUMP TARIFFS ARE NOT LEGAL, U.S. APPEALS COURT RULES
Steve Zorowitz (@stevezorowitz.bsky.social)
OH YEAH
Steve Zorowitz (@stevezorowitz.bsky.social)
C'mon Court of Appeals for the Federal Circuit, make my weekend.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
They must have been told the ruling is coming very soon. Boy, i hope today for a fun weekend.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The parades will continue until morale improves.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Is this the first case where a firm that settled over the Trump EO is representing the plaintiff vs the government?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Just as an aside, en banc would be 29 judges. If ever a circuit needed to be split up!
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Wouldn’t surprise me if he has a guy chained up in his basement with a ball gag in his mouth.
Anna Bower (@annabower.bsky.social) reposted
My play-by-play of the hearing on Lisa Cook’s request for a temporary restraining order, now up on our site: www.lawfaremedia.org/article/what...
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
If there's one thing CJ Roberts loves more than Republicans, it's business. If he thinks letting Trump fire Cook "for cause" will hurt business, he'll keep the Fed carveout and maybe even make it stronger.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Would be funny if, in the end, SCOTUS decides that the Fed is *so* independent that it's the "for cause" part that's unconstitutional, and they can only be removed by impeachment.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Would be funny if, in the end, SCOTUS decides that the Fed is *so* independent that it's the "for cause" part that's unconstitutional, and they can only be removed by impeachment.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And if *anything* is cause, then what's the point?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The ATL Fed GDP Net exports contribution went from -.36 to +.59 even though the trade numbers seemed bad to me. So ?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Any ideas why the Atl Fed GDP contribution of net exports went from -.36 to +.59 though?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I'm going through their numbers and still don't see it. I guess we'll know more when BEA reports the trade #s next week.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Net exports contribution went from -.36 to +.59 even though the trade numbers seemed bad to me.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I was more thinking about the effect of that trade balance. I guess the Atl Fed can adjust for the monetary gold component, so the effect went the other way.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I guess not, which means I don't understand something.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Is it unusual for Roth to show up himself?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The whole Board is a defendent, and they're not going to defend themselves against Cook. That's really as much as you can expect overtly. I would hope they do some OTR to the Fed whisperers though.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Broke 112K, came back to test it, and now ...100k? www.tradingview.com/x/8p1pUhmZ/
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Can't really expect them to come up with any new ideas before a long weekend.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Never forget Eric Cantor's perfect Labor Day tweet:
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
3% is the new 2% but they won't say that of course. (and I think 2.5-3 should have been the target all along)
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
That'll trim GDP estimates
Steve Zorowitz (@stevezorowitz.bsky.social)
Winning in 2026 and 2028 is a *neccesary* condition; it will by no means be *sufficient*.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
One by one, Trump has destroyed trust in American institutions. Why would the Fed be any different?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
It's starting to seem like every level of the Judiciary is pissed at every other level.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
March 2024: bsky.app/profile/stev...
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
He’s in Chuck Knoblauch yips territory now.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
It's starting to seem like every level of the Judiciary is pissed at every other level.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
It must be hard to thread the needle of "we need more cuts, but Trump's economy isn't bad".
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And for us olds, probably 2/3rds of our remaining years.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Which is why I think, if we survive this, when Trump leaves office (one way or the other) the Republican Party is done. They stand for nothing anymore except serving him.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I sell to TJX. They raised their price on my product in June because of "tariffs", but are still paying us the old cost until our existing stock is gone (next month). Voila, margin expansion.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I just watched The Belly of the Beast Job. It was so clever and funny.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The parades will continue until morale improves.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
💔
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
The parades will continue until morale improves.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And you just know that Judge/Soto/Trump story was true despite everyone's denials. It just hurts.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And Mo is MAGA. Boy this hurts.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Like, not counting her vote or attending the board meeting.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Or acting as if she's been terminated: "...effectuating in any manner Governor Cook’s purported removal from her position or in any way treating her as having been removed, or denying or obstructing her in accessing any of the benefits or resources of her Board position." ie, not letting her vote
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Or acting as if she's been terminated: "...effectuating in any manner Governor Cook’s purported removal from her position or in any way treating her as having been removed, or denying or obstructing her in accessing any of the benefits or resources of her Board position.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Will this be like The Matrix, where they hook up humans to expel CO2?
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And then stayed until SCOTUS
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
OMG I didn't know. I'm so so sorry for your loss.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Fabulous idea. This country needs a 4 day homage to Trump right before the midterms, with every GOP candidate extolling his virtues.
Steve Zorowitz (@stevezorowitz.bsky.social)
Fabulous idea. This country needs a 4 day homage to Trump right before the midterms.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
And I looked, and beheld a pale horse: and his name that sat on him was RFKjr.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Given that she's subject to a criminal referral, her lawsuit probably isn't the vehicle to be explaining the mortgage issue.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Given that she's subject to a criminal referral, her lawsuit probably isn't the vehicle to be explaining the mortgage issue.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Summer's over.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I've been very good on the protein, between egg whites, tuna fish, and chicken. I can't believe how many less carbs I'm having versus the old days.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Yes, that's my plan for now.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Slept through it like a baby.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
It's just crazy. I assume it's going to slow down at some point, but I'm on 5mg so I have room to step up. But at the moment, my biggest problem is making myself get enough calories.
Steve Zorowitz (@stevezorowitz.bsky.social)
Well, week 6 of Zepbound is in the books, and it's just ridiculous.
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
I wonder how many retailers are doing what the one I sell to did--raise prices in June, July because of "tariffs", but make us sell them our existing inventory at usual cost (until next month).
Steve Zorowitz (@stevezorowitz.bsky.social) reply parent
Aren't the cutbacks in services first (eating out, entertainment) when you need to spend more on goods?
Steve Zorowitz (@stevezorowitz.bsky.social)
I see the markets are treating the destruction of public health in the US with the same disinterest they are treating the destruction of Fed independence. Ah well.
Gregg Gonsalves (@gregggonsalves.bsky.social) reposted
#NIH is hanging by a thread. The #CDC has been decimated. #RFK Jr. and Russell #Vought are psychopaths--I don't say this frivolously--they are cold, calculating, inflicting violence on millions through public policy. It is where we are right now. These men are not normal. 1/