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Lenore Palladino

@lenorepalladino.bsky.social
6.4K followers 422 following 976 posts

economist, lawyer, organizer, mamma lenorepalladino.me

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Lenore Palladino @lenorepalladino.bsky.social · 20h
I have a new article in Intl J of PE, as part of a symposium on expanding our thinking about public banking & democratic finance it's called "The Potential of Public Credit Funds" & builds on work by @stomarova.bsky.social & many others www.tandfonline.com/eprint/CAIZH...
tandfonline.com
The Potential of Public Credit Funds
This article proposes a public credit fund as a new institutional form within an emerging ecosystem of public banking in the United States. State and local public pension funds hold nearly $6 trill...
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Alt National Park Service @altnps.bsky.social · 06/10/2026
For more than 70 days, resistors took turns sitting in the branches of the “Grandmother” cottonwood in Lochiel, Arizona, trying to save it and the habitat around it. This morning, Border Patrol raided their camp, removed the tree sitter, and contractors knocked it down.
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 05/10/2026
Stabs this whole interview with a copy of The Caliban and The Witch.
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Trevon Logan @trevondlogan.bsky.social · 04/10/2026
This advice is a case where stratification economics would be quite useful to economists speaking about politics. It would show the fallacy of the base assumption. Economists view politics as about policy, but it’s much more about identity and intranational competition over resources and power.
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 03/10/2026
Thread. (It’s a new world, fellow academics.)
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Moira Birss @moira.bsky.social · 02/10/2026
“We hope that other cities will take it as a lesson: We don’t have to bow down [to] the fascist deportation machine. We certainly don’t have to let its perpetrators benefit from our local economies and infrastructure." - Alderman Andre Vasquez
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Jim Kane @kanejim.bsky.social · 02/10/2026
"Everyone has a job, no immigration."
Snippet from the transcript of "Apollo Global Management, Inc. Presents at Bank of America 31st Annual Financials CEO Conference, Sep-23-2026 03:00 PM"

Craig Siegenthaler

We'll get started with the macro. The macro backdrop has definitely been more resilient than many expected, yet uncertainty remains geopolitically, fiscally and also in the rate trajectory. Marc, how are you reading the environment right now? And what does it mean for Apollo's outlook and portfolio position?

Marc Rowan

So the fundamentals are actually quite positive. Everyone has a job. There is no immigration. Let's talk U.S. first, which is the largest market. Everyone has a job, no immigration. You have a massively accretive CapEx cycle, which is creating demand across lots of different sectors. You have the government policy incredibly accommodative. Capital markets are wide open. And so valuation aside, I think it will be difficult to cause a U.S. recession over the near term. The companies have been shocking resilient. Earnings are up. And generally, credit performs well if the economy is good, absent specific risks or stupidity.
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Bryce Covert @brycecovert.bsky.social · 02/10/2026
Fascinating new study of New Mexico's universal childcare program, first of its kind, finds the program dramatically increased work for lower-income moms www.the74million.org/zero2eight/n...
the74million.org
Nearly a Year In, Universal Childcare Is Reshaping Work for Moms in New Mexico
A new study highlights some early impacts of universal childcare on labor supply for mothers in New Mexico.
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Lenore Palladino @lenorepalladino.bsky.social · 02/10/2026
may I suggest, for a fun weekend listen, (my very favorite podcast) the @corporategossip.bsky.social episode on flock: watching the actual videos of the head of flock talking about the product really adds to the rage podcasts.apple.com/us/podcast/f...
podcasts.apple.com
Flock: The Big Business of Being Big Brother
Podcast Episode · Corporate Gossip · September 4 · 1h 11m
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Lenore Palladino @lenorepalladino.bsky.social · 01/10/2026
🔥
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Victor Ray @victorerikray.bsky.social · 01/10/2026
What an absolutely barbaric country.
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Lenore Palladino @lenorepalladino.bsky.social · 29/09/2026
"nothing bad has happened yet"... but everyone is starting to get very nervous
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John Kostyack @kostyack.bsky.social · 29/09/2026
Bain optimistically projects that today's AI applications will generate ~$1.8T revenue by 2031. But there's a problem: it also says $4.2T will be needed from "nascent" AI services not yet on the market for the industry to break even. #AIBubble
bloomberg.com
AI Faces $6 Trillion Test to Justify Data Centers, Bain Says
The global AI industry needs to earn $6 trillion in annual revenue by 2031 to justify the capital being deployed to build data centers around the world, Bain & Co. said.
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JW Mason @jwmason.bsky.social · 29/09/2026
And shame on everyone, including Bernie Sanders specifically, who talks about the importance of “securing the border” without acknowledging that it means precisely this.
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Lenore Palladino @lenorepalladino.bsky.social · 28/09/2026
the Nvidia board just authorized the largest stock buyback program ever: $150 billion thru Jan 2028 pls tell me again that buybacks are just 'efficient reallocation of spare cash'?????!!!!!! 🤣 giftarticle.ft.com/giftarticle/...
giftarticle.ft.com
Nvidia launches record $150bn share buyback
Chipmaker’s plan to repurchase stock comes as share price gains have slowed this year
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Jews For Racial & Economic Justice Action @jfrejnyc.bsky.social · 24/09/2026
Anti-war New Yorkers are being arrested following a mass anti-war sit-in outside the United Nations, where today Israeli Prime Minister and war criminal Netanyahu will deliver a speech. We are here to say: stop the genocide and stop arming Israel.
photo of New Yorkers handcuffed and under arrest by the NYPDPhoto of people with their hands zip-tied behind their backs, under arrest by the NYPD.
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 24/09/2026
“The rent is too damn high” was funny at be time but name a single political slogan with more stickiness from winning candidates since then.
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Brad Lander @bradlander.bsky.social · 24/09/2026
I've seen it myself at 201 Varick Street where, at Miller’s directive, young children are separated from their families, denied lawyers, and pushed toward deportation. Next Congress, we must — we will — hold Miller and his cronies accountable for these illegal, barbaric acts of cruelty.
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Brad Lander @bradlander.bsky.social · 24/09/2026
In news that will surprise no one, Stephen Miller is the driving force behind unprecedented mass detentions & deportations of immigrant children. This administration operates without any regard for the rule of law or the humanity of these kids.
theguardian.com
Trump ally Stephen Miller leads sweeping push to accelerate removal of migrant children
Exclusive: key White House loyalist orchestrating multi-agency effort condemned by critics as cruel and racist
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Jonathan Cohn @jonathancohn.bsky.social · 23/09/2026
This is an attack on public education, on public transportation, on everyone who worked on Fair Share, and on the will of the voters.
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Christian Weller @profcew.bsky.social · 22/09/2026
Good explanatory thread how diesel supply chains for New England work. A lot of people use it to heat their homes, their costs will go up a lot this winter, export controls could make this worse. It will hit lower-income households especially hard.
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Sylvia Chi 齊思涵 @sylviachi.bsky.social · 22/09/2026
Why don't reporters on articles like this ask self-proclaimed "pro-life" advocates for comment? www.theguardian.com/us-news/ng-i...
theguardian.com
Revealed: ICE lost count of miscarriages, while detaining a record number of pregnant women
ICE says it has no updated information on the number of miscarriages after 3 October 2025. Lawmakers, advocates and immigration attorneys have raised alarms that pregnant detainees are not receiving b...
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Lenore Palladino @lenorepalladino.bsky.social · 22/09/2026
Dr. Oz. We live in the very worst TV show
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Aaron Rupar @atrupar.com · 22/09/2026
Trump tells the UN he is officially changing the name of Artificial Intelligence to "Super Intelligence" and says all US government documents will now be changed to refer to "SI"
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Lenore Palladino @lenorepalladino.bsky.social · 22/09/2026
though this article has many quotes from pension fund leaders rightly worried about how booms lead to busts & the consequences for working people, this quote: "so far, so good, actually" is the new "nothing bad has happened yet" pitchbook.com/news/article...
text from article
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Ann Monster Lipton @annmlipton.bsky.social · 20/09/2026
the euphemisms that come out of industry crack me up "Bankers describe the guarantees as 'balance-sheet efficient'." www.ft.com/content/7f11...
ft.com
Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets
Wall Street finds new way to turn tech giants’ credit strength into cheaper funding for AI build-out
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Daniela Gabor @danielagabor.bsky.social · 20/09/2026
We were a bit early in our predictions but unfortunately quite accurate - we're heading for a world of shortages and we can't manage them with neoliberal state institutions.
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Lenore Palladino @lenorepalladino.bsky.social · 18/09/2026
and this is before the insane gas power plant buildout for data centers that we're about to see
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Veena Dubal @veenadubal.bsky.social · 18/09/2026
This is mind bogglingly insane and utterly infuriating. Some of the most important academic research today is the social science and history that can help us understand how we got here.
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Lenore Palladino @lenorepalladino.bsky.social · 18/09/2026
mapping the wild financial interrelationships within AI tech & finance is fascinating & also changing every day: great set of visuals ⬇️⬇️ their risk is our risk: not pictured is the next layers out, workers' money-pension funds, retirement accts, anyone w/ an index fund 💰 www.ft.com/content/8475...
ft.com
Joining the dots between big AI
In the loop?
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Kristina Karlsson @karlsson-kris.bsky.social · 17/09/2026
My new paper for @cplusc.bsky.social is out! I estimate the potential household cost impacts from utilities’ planned 1.4T in capex spending in the next 5 years — the majority of which is motivated by data center demand and extreme weather mitigation. Thread 👇🏼
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Veena Dubal @veenadubal.bsky.social · 17/09/2026
“A San Mateo County collaborative effort has acquired an apartment complex for $54.8 million to provide housing for teachers and other education staff..San Mateo marks the first educator workforce housing project for the San Mateo County Office of Education.” www.rwcpulse.com/housing/2026...
rwcpulse.com
San Mateo County acquires apartment building for educator housing
The purchase of the 74-unit Azara community at 1650 S. Delaware St. in San Mateo marks the first educator workforce housing project for the San Mateo County Office of Education (SMCOE).
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Office of NYC Comptroller Mark Levine @nyccomptroller.bsky.social · 17/09/2026
And these projects union workers. Several projects are expected to get underway later this year. Stay tuned.
Quote by Comptroller Mark Levine that reads, “Programs like the HIT have a proven record of generating strong returns, jobs, and homes all at once. This investment is a major step toward expanding our City’s crucial housing stock and tackling the rising cost of living. At a time when many New Yorkers are struggling just to keep a roof over their heads, our strategic partnership with the AFL-CIO Housing Investment Trust allows our pension funds to make a sound investment while delivering desperately needed housing and good union jobs.”
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Office of NYC Comptroller Mark Levine @nyccomptroller.bsky.social · 17/09/2026
🌇 This builds on our commitment to invest $4 billion over the next four years in housing across NYC. 💰️ Since 2002, NYC’s public pension funds have invested $583M with HIT, creating or preserving 40,000+ units while delivering returns that keep pace with or outperform benchmarks.
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Office of NYC Comptroller Mark Levine @nyccomptroller.bsky.social · 17/09/2026
🚨 Big News: $300 million to increase affordable housing so the people who build this city can afford to live here. Four NYC pension funds just made the largest-ever allocation to the AFL-CIO Housing Investment Trust (HIT), supporting workforce and affordable homes. For maps of HIT investments 👇️
Background shows skyline of New York City with a headline from a Gothamist article that reads, "NYC pension funds make $300M affordable housing investment to help solve apartment shortage."Excerpt from Gothamist article that reads, "The new investment in the AFL-CIO Housing Investment Trust marks the first allocation of its kind since Levine announced a plan to direct $4 billion in city pension funds over the next four years to build more apartments.

“This is a dramatic increase in the pace of investment because the crisis is worse than it's ever been,” Levine said. “There are projects all over the city where the zoning is ready, and they have a developer, but they're waiting and waiting and waiting for financing, and projects die because it can take years.”

Excerpt from Gothamist article that reads, "The trust has helped construct more than 44,000 homes in New York City over the past four decades, according to its website, and officials say they plan to finance 10,000 more in the coming years.

The apartments constructed with loans from the AFL-CIO Housing Investment Trust are typically priced for middle-income residents or feature a mix of income levels, with luxury apartments and some units priced for lower-income renters. The projects require union labor."
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Naomi Klein @naomiaklein.bsky.social · 15/09/2026
Today is the day! A journey that Astra and I started as an essay in The Guardian is now officially out in the world. End Times Fascism – And the Fight for the Living World is in bookstores now. If you are inclined, please buy one from an indie bookseller or borrow it from your local library.
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Jim Kane @kanejim.bsky.social · 15/09/2026
“My ‘I have no involvement in a crypto-adjacent financial exchange that my son is launching’ t-shirt is raising questions already answered by the t-shirt.” www.politico.com/newsletters/...
Demand Progress Executive Director Sean Vitka took aim at Gillibrand in a statement to MM, writing that the New York Democrat “is supposed to be helping lead opposition to rampant corruption in the Trump administration, yet she’s instead using her position of power as [Democratic Senatorial Campaign Committee] Chair to push other Senate Democrats into supporting bad crypto industry policy that will enrich Trump's family — and her own.” A Gillibrand aide responded that, rather “than surrender to that status quo, Senator Gillibrand would relish the chance to debate real ethics reforms on the floor — in full view of the public, seven weeks out from the midterms.” (Gillibrand has also previously said she has no involvement in a crypto-adjacent financial exchange that her son is launching.)
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More Perfect Union @moreperfectunion.bsky.social · 15/09/2026
A 'tidal wave' of forever chemicals are being pumped out to satisfy the AI industry, according to The Guardian. Nearly all of the 10 biggest manufacturers of Pfas are planning to increase production for use in semi-conductors and data center cooling systems.
theguardian.com
‘Tidal wave’ of Pfas being launched to satisfy AI industry, campaigners warn
Big manufacturers planning to produce more of the forever chemicals to meet demand from datacentres
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Lenore Palladino @lenorepalladino.bsky.social · 15/09/2026
great to see union leaders standing up against extractive data center construction: "Should we not dream of something more for ourselves? Of safe & sustainable union jobs that build infrastructure serving the many, not the few?" & hey I used to be a member of OPEIU! right @blmckean.bsky.social ?
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advait @advaitarun.bsky.social · 15/09/2026
NEW CPE REPORT on the urgency of building an interregional transmission macrogrid! @cthelala.bsky.social and I argue that only the federal government can get it built; no other actor on the grid is capable of doing so! Really, this is a paper about the theory of transmission as an asset class:
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Lenore Palladino @lenorepalladino.bsky.social · 15/09/2026
more convo about the harms of AI right now in the discourse please ⬇️ so sick of the impending apocalypse dramafest
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Iñaki Aldasoro @aldasoro.bsky.social · 14/09/2026
The growth of private credit has often been attributed to tighter banking regulation and low policy rates. Such things certainly played a role early on, but they are difficult to reconcile with the rapid growth in private credit since 2020, when rates went up and regulation, if anything, loosened
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Steve Ahlquist @steveahlquist.bsky.social · 10/09/2026
The historic election of David Morales is only half the story Through a series of highly contested races, the Providence City Council held onto its progressive majority and expanded it by at least one... steveahlquist.substack.com/p/the-histor...
steveahlquist.substack.com
The historic election of David Morales is only half the story
Through a series of highly contested races, the Providence City Council held onto its progressive majority and expanded it by at least one...
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Maurice Mitchell 🐺 @mauricewfp.bsky.social · 10/09/2026
LANDSLIDE in Providence. @workingfamilies.org champion @davidmoralespvd.bsky.social defeated the incumbent mayor, who spent $1 million and had the backing of the Dem establishment. That's not all: @ri.workingfamilies.org champions swept city council races. We're building a governing majority. 🔥🐺
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 10/09/2026
Anyway. Data politics are the cataclysmic danger. AI is mostly just a mid tech attached to a speculative finance scheme. Anything it can make dangerous is already dangerous enough to kill us.
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 10/09/2026
Every half-ass plan for our extinction that they provide just turns me on. No internet, you say? No online banking?? No 2FA to use the bathroom at my job??? Baby I was a latchkey kid in the 1980s. You’re describing my platonic ideal. Extinct me.
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Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social · 10/09/2026
"As the world heats up, permafrost in the high latitudes is thawing, fiercer wildfires are burning in drying forests and wetlands...All of these changes are themselves causing the release of planet-heating methane and carbon dioxide locked in trees and soils" www.theguardian.com/environment/...
theguardian.com
Climate ‘feedback loops’ could worsen global warming by 30%, study finds
Emissions of planet-heating methane and CO2 from natural sources are worsening the climate crisis, paper says
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Lenore Palladino @lenorepalladino.bsky.social · 10/09/2026
great piece on going beyond opposition to data centers by Brian Chen tho an under-organized constituency in this whole mess are the public & union workers whose pension funds are being taken for a ride by our tech oligarchs dissentmagazine.org/article/ai-d...
dissentmagazine.org
After the Data Centers - Dissent Magazine
Data center opponents have assembled a potent political force. But without a more expansive vision, there is a risk that this techlash could be co-opted and fizzle out.
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Victor Ray @victorerikray.bsky.social · 09/09/2026
Precrime. This is precrime.
static.klipy.com
Minority Report Looking
Alt: From the movie Minority Report. Tom Cruise is searching a computer to figure out where a murder will take place.
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