Aaron Freedman
@freedaaron
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PhD candidate @CUHistoryDept @sw_columbia dissertating on the political economy of Wall Street in the 1980s. Words @washingtonpost @theprospect @jewishcurrents
Brooklyn, NY
Joined May 2013
@conzmoleman @steinkobbe He’s about 2021 Biden on the Biden scale which is a wild coincidence
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really trying to make equities in dallas happen
Goldman Sachs is building an 800,000-square-foot, $500 million campus in Dallas, which will be the bank’s largest US operation outside New York and house over 5,000 employees when it opens in 2028. JPMorgan Chase has expanded its Texas workforce to over 31,000, surpassing its
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I’m not sure which is the dominant explanation. My gut says an ATC strike today would be way more successful than in ‘81
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2 main lines of explanation, I think 1. 2025 is not 1981: air travel more important, ATC more fragile in its staffing 2. Gov shutdown is not a strike: harder to call on military ATC scabs when they’re also not being paid, illegal strike doesn’t generate as much sympathy
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Here’s a question: why did one weekend of air traffic controller chaos promptly break the shutdown impasse, but the 1981 PATCO strike totally failed?
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Boarding the plane for the second time after 3 hours of delays while a violin concerto cover of Despacito plays
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What is so maddening about this is if Ds hold out against the deal Trump will escalate his calls for Rs to ditch the filibuster. But I suppose that’s exactly why some Ds are clamoring for this deal.
NEWS — A deal in the Senate to end the government shutdown is within reach, multiple sources from both parties told Axios. At least 10 Dems are likely to support a procedural vote on a package of funding bills and a CR, sources said. It would be in exchange for a vote on ACA
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If FAA and TSA were funded through a surcharge on airports rather than appropriations, how long would this shutdown last? Months?
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Focus has obviously been on the practical implications of 50 year mortgages, but it’s funny (if hardly surprising) that Trump hasn’t said anything about how he’d actually normalize them. Fwiw it took 20 years of FHA, Fannie Mae, etc for the 30 year mortgage to become standard.
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Neoliberalism in the 70s and 80s was insurrectionary. In the 90s and 00s, it was utopian. In the 10s it was conservative, backward looking, trying to hold back challengers rather than advance its own positive vision. Abundance is a marked shift from that posture.
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One way to understand Abundance is as the first forward-looking reformulation of neoliberalism since neoliberalism’s great crisis of confidence in 2008
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So many intra-left-of-center debates ultimately boil down to some form of either "reform vs revolution" or the similar, but distinct, "do markets generally work?"
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@NewsLambert The payment converges to a fixed value as the term goes to infinity. The difference between a 15 and 30 year payment is big. The different between a 30 and 50 is year payment is way smaller. The difference in payment between a 100 and 200 year mortgage is less than 1
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A 50-year mortgage saves you about $270/month (on average with same rates), but takes 18 years more to get to 50% equity. The amortization schedule is ugly. Wouldn't help with down payment. 30-year duration is better tied to working lifecycle. Why not build more housing instead?
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What’s the origin of leftists being Baumol-pilled? @gabrielwinant? @alybatt? Or is there an older tradition?
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The Northeast truly is God’s country
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I'm bringing this back. Where did you say you live, Brooklyn? I'm not familiar with it, is that in the West Riding?
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Every time I see a tweet from Bill Ackman this is immediately what I think of
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