Publisher of UNFTR.com and host of the Unf*cking the Republic. MeidasTouch contributor. Leftist Politics. History. Humor. Realism.
A deep dive into Anthropic's IPO and an analogy about babies that no one asked for. You're welcome.

@unftr.com
Publisher of UNFTR.com and host of the Unf*cking the Republic. MeidasTouch contributor. Leftist Politics. History. Humor. Realism.
A deep dive into Anthropic's IPO and an analogy about babies that no one asked for. You're welcome.
Corporate bonds are paying out, the 10-year is at five and a quarter, and if you already have money you cannot lose. That's who's driving consumer spending right now—the top 10%, not you. And it only holds until it doesn’t.
Watch the full video: youtu.be/519iYFBb5fQ
Trump is staging an Iran escalation and not one Democratic leader has called for halting the deployment. 58 House Democrats, Pelosi among them, voted with Republicans to extend the sanctions. This is why the left hates Chuck and Hakeem.
Watch the full video: youtu.be/519iYFBb5fQ
Trump's economy is a zit about to pop and ooze all over our faces. Brazil is running two years behind us and about to repeat our mistake. And the Buffett indicator is so far off the charts it's no wonder Warren retired! It's On The Record. Let's go.
Watch the full video: youtu.be/519iYFBb5fQ
Seven months after U.S. missiles killed 156 at a school in Minab, Iran—120 of them children—new reporting from @jeremyscahill.com dismantles the Pentagon's "targeting mistake" story. The school had been standing there for more than a decade.
The latest from @rashedmian.bsky.social for #UNFTR.
The "radical" DSA endgame is court expansion that FDR already threatened, energy nationalization that most industrialized nations already have, and amendments that the Constitution is already made of. That it sounds impossible is the measure of our loss.
Watch the full video: youtu.be/t7Gb6DfHM68
The question was never whether AI works. It's whether the people lending into it get paid back. The 30-year Treasury is at its highest level since 2004, and those rates flow into private credit portfolios full of variable loans nobody gets to see.
Watch the full video: youtu.be/x-w6kuo7F8s
Zagged a bit this week. Watched a frustrating conversation between leftists about DSA; Netanyahu name-checking Hasan; Trump paying more attention to Zohran than his own party. Felt the need to put DSA's mobilizing efforts in historical context and offer some perspective on left movements.
The financial media got bored of private credit and moved on. I get it. Lots to talk about these days. But we should be looking into private credit, not past it. Inside this opaque world there's a debt bomb tied to AI financing. A responsible administration would make them open their books.
44.7% of home sales in the three months ending August included seller concessions, the highest share since Redfin started tracking in 2020. Closing cost help, repair credits, rate buydowns. The market is softening. That still isn't the same as affordable.
Watch the full video: youtu.be/icDcWDmmojE
Trump greenlit a nearly $3 billion arms package for Israel: 40,000 one-ton bombs, paid for by American taxpayers. Israel's defense minister pledged to "finish the job" in Gaza. Congress could block it, but they're on a six-week break.
The latest from @rashedmian.bsky.social for #UNFTR.
The $40t debt number is a cudgel conservatives use to cut vital programs. Nobody asks who's on the other side of the ledger. We're asking. Plus Alex Karp is unhinged, 750k Americans lost health coverage, and Scott Bessent does Scott things. It's OTR time.
Watch the full video: youtu.be/icDcWDmmojE
We're having the wrong national debt conversation. Also, Alex Karp shouldn't have a driver's license let alone control of Palantir. Also, eyeliner boy just cut 750,000 people from health insurance on Dr. Oz's recommendation because we're in the worst timeline. On the Record is here.
Video essay. Thinking out loud about how this all ends.
Tonight! 8PM EST. The premiere of our cover story / doc on Milton Friedman. This has been months in the making in collaboration with @currentaffairs.bsky.social. If you're wondering how the new world neoliberal order was established and who was responsible, I've got answers.
Despite a Democrat's best efforts to enrich the Trump family and do the bidding of the crypto lobby, the CLARITY Act is officially done. (For now.) We don't win often these days so when we do, we should celebrate. Oh.. and f*ck you KG.
On the record is out! I'm not buying Dario Amodei's bullshit anymore. There's one answer to the AI problem and I've solved it using Dario's own logic. So there. Also, I took the Trump pledge! So fun. Try it! KLTW to Chris Hedges and our Chart of the Week is the 10 Year Treasury.
The PPI report (Producer Price Index) was a bigger disaster than people realize. In and out of the news cycle already, but a foreshadowing of epic inflation set to hit this fall. On top of existing inflation. This is a breakdown of PPI and a forecast of what's to come.
This guy is catching Ls like he's catching COVID in 2020. Can't win for losing. Less than 2 yrs into the job and he WILL go down as the worst TS of all time. And that includes Donald Regan. Oh! Bingo! Blammo! Thwap!
He is so full of shit. Wolf in sheep's clothing all along.