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nathanbreiten.bsky.social

@nathanbreiten.bsky.social
83 followers 70 following 10 posts

Cat dad. Likes plants. Husband of @colemerkel

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Reposted by @nathanbreiten.bsky.social
Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 02/10/2026
Sort of insane fact about how broken US urban planning is—America now spends more building *just the lights for roads and highways* than on all subways & ground mass transit combined Spending on roadway *pavement* is 18x transit spending
a graph of roadway and mass transit lights
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Django Wexler @djangowexler.bsky.social · 28/09/2026
Volition is irrelevant. If the headline was "vicious dog breaks out of OpenAI office and bites man" there would be no question who was responsible. "But the dog is its own entity making its own choices!" Fuck off, either it's property you own or not, you can't have it both ways.
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Corey Atad @coreyatad.com · 22/09/2026
“If you are staring at an example of social disorder or social inefficiency, and the left refuses to explain either why it has happened or how they will fix it, then the right gets to point at someone in the immediate area and say, ‘That’s who did it.’” crazy how much Mamdani speaks my language
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Adam Becker @adambecker.bsky.social · 19/09/2026
@aoc.bsky.social just put out a great statement on AI. Refreshing to see a major politician on the left nail this. "Silicon Valley billionaires want us to believe that Al robots will destroy humanity. But the biggest threat to humanity are the tech oligarchs themselves." 🎯
Charles,

Last weekend, Dario Amodei, the CEO of Anthropic, one of the largest Al companies in the world, publicly asked his industry to slow down Al development.

Shortly after, Sam Altman, the CEO of OpenAl, followed suit. Then Elon Musk.

This all came days after an Anthropic researcher quit, citing his belief that this technology could wipe out humanity and that Al companies are "gambling with our lives."

For years, people have warned that generative Al could slip out of our direct control.

Those safety concerns must be taken seriously.

And this is why I have advocated for strict safety standards on how Al is built and deployed, public oversight over this technology, and using existing laws to hold these companies accountable when they cause harm.

But I want to draw your attention to another reality: Right now, the U.S. economy and our financial futures are riding on Silicon Valley's bet that Al will soon be immensely profitable and pay off. And that bet isn't looking good.

The formula for a profitable business isn't complicated: make more money than you spend. But the biggest Al companies aren't doing that. They are spending hundreds of billions per year on data centers, chips, and other costs while their ability to make revenues that exceed their already-immense sunk costs are unclear. Experts estimate that these Al companies will require another $600 billion of debt just to financethemselves in 2026 alone. That is more than the entire budgets of the U.S. Departments of Justice, Transportation, & Education combined.
Meanwhile, despite almost every single one of these companies not turning a profit & having sunk billions of investor dollars in development of data centers & other infrastructure, Al companies are also on a spending spree of hundreds of millions of dollars in lobbying & dark money in our elections.
It would be one thing if we were discussing a few private companies with a poor business model. But last year, virtually all stock market gains - 80% - rested entirely on just a handful of Al companies.
That tells us two things:
1. Nearly the entire U.S. economy outside the Al industry is relatively stagnating and faring poorly & the gains from these few companies are disguising it; &
2. Millions of people's retirements - including their pensions, 401ks, & investments - are potentially exposed to this risk.
That's why these Al companies' dubious financial positions matter to working people.
These companies argue that debt is necessary. They'll tell you that building transformative technologies requires upfront capital, & that massive borrowing today will pay off in generating unprecedented prosperity tomorrow.
But this is not the typical debt that startups take on while they build out a company. We are talking about billions going on trillions of dollars leveraged with no indication that these companies will be able to recoup these funds profitably. And they are increasingly looking to the government as their source of cash.
In an effort to hide their debt, tech companies have been relying on "circular financing" where tech giants like Google, Amazon, & Microsoft give billions to Al startups like OpenAl & Anthropic, only for those startups to hand that money right back to buy Al processing power.
In other words, these Al companies are luring in new investors by making it look like their financials are healthier than they really are.What's even worse is that retirement & pension funds are key to supporting this illusion.
When the Al companies issue bonds to raise more money, your pension funds & retirement accounts are some of the biggest buyers. When Musk's Al business went public, it became part of index funds where millions of Americans invest our savings. Many Americans don't even know that their retirement investments are tied up in these companies at all.
From Big Tech's perspective, that's a feature, not a bug. By tying our futures to their reckless gambling, Al billionaires are trying to make themselves too big to fail. They think they can take such dangerous risks because we will bail them out if things go wrong.
Sound familiar? This scene is dangerously reminiscent of the rampant speculation, corruption, & broken incentives leading up to the 2008 financial crisis that plunged millions of working class Americans into financial chaos that we never fully recovered from.
It is no accident that these warnings from Altman & Amodei come months-if not weeks-before these companies were meant to go public.
When companies go public, they have to be more transparent about how they are doing financially. And after a waiting period, they typically have to let private investors-like their own employees-sell their shares.
The New York Times recently confirmed that OpenAl has postponed going public for this very reason. They are in no rush for the truth about their finances to come out.
But the moment these oligarchs began to seek our public tax dollars & public contracts while exposing their companies to public pension funds & investments, they opened themselves to public accountability & scrutiny.
Silicon Valley billionaires have rigged the game & are attempting to shift their financial risk to working people: If they're right about Al's potential, they reap the profits. If they're wrong & the bubble bursts, they are setting up the American people to pick up the tab.
Heads, they win; tails, we lose.We can stop this, and we shouldn't play their game. Together we can address both the economic and safety threats of unrestricted Al development and prevent financial chaos and stabilize market risk.

We must make it clear now that should the Al bubble pop, Congress should not bail out Big Tech.

And across our federal agencies, we have the authorities and tools to hold Al companies and their leaders accountable for releasing dangerous, unvetted, and defective products. We must not wait.

Silicon Valley billionaires want us to believe that Al robots will destroy humanity.

But the biggest threat to humanity are the tech oligarchs themselves.

It's time we hold them accountable.

Thank you for reading.

In solidarity,

Alexandria
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David Roberts @volts.wtf · 17/09/2026
christ
bloomberg.com
Trump Made 29,000 Securities Trades, More Than All of Congress
Donald Trump made nearly 29,000 securities trades in 17 months — more than every member of Congress combined. The stock-purchasing ban he’s pushing would leave him exempt
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 16/09/2026
This, absolutely sincerely. Most of these guys are doing high crimes and misdemeanors. A bunch of them are involved in waging an illegal, unauthorized war. Congress' investigatory powers are at their *peak* in an impeachment context. So impeach, impeach, impeach.
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David Roberts @volts.wtf · 15/09/2026
It's difficult to pick apart fears about AI & data centers that are intrinsic to the technologies vs. those that are connected to the fact that giant, fateful decisions about these things are being made by a small handful of insular brain-cooked oligarch narcissists.
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Robert Evans (the Only Robert Evans) @iwriteok.bsky.social · 10/09/2026
ok but "the future" they are promising is "we destroy your jobs and maybe build a dark god of genocide" so perhaps winning these people back is not the wisest electoral move
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Paul Waldman @paulwaldman.bsky.social · 11/09/2026
I look forward to the 2028 Democratic nominee turning to him in a debate and saying "Oh, you were secretly against the war? That means you were too weak to do anything about it. You couldn't remove your lips from Trump's ass long enough to stand up like a man, you pathetic coward."
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Max Kennerly @maxkennerly.bsky.social · 08/09/2026
If only the media had as much interest in the world's richest person, the primary funder of the Republican Party, who spoke at Trump's Inauguration and gave a Sieg Heil, once again declaring his belief "white solidarity is the only way to survive" as they do some Twitch streamer.
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onekade @onekade.bsky.social · 04/09/2026
The New York Times is mad that Mamdani is using social media to communicate with New Yorkers because they want him to instead use the NYT to do that. But Mamdani is right to focus on social media, because the billionaire media cannot be trusted and is an enemy of the people.
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David Roberts @volts.wtf · 03/09/2026
The fight for true egalitarian democracy is *intrinsically* a fight against conservatism. That is the core truth that the entire edifice of both-sides media & political institutions is meant to obscure.
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Andy Craig @andycraig.bsky.social · 02/09/2026
The arguments against impeaching Trump next year are all bad and spurious, but they're even weaker as applied to all the other impeachable members of the Cabinet, etc. And impeaching Hegseth for literal murder should be top of the list.
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 29/08/2026
I would argue that, on balance, US hegemony has been less damaging than most (any?) similar period of regional hegemony (there has never been a similar period of global hegemony) and much less damaging than interstate anarchy, which does not mean the USA always or even often does the right thing.
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Barred and Boujee aka Madiba Dennie @audrelawdamercy.blacksky.app · 29/08/2026
reskeeting with alt text bc this is a funny as hell way to dismiss someone's dumbass argument to their face
Screenshotted excerpt from a conversation transcript, reading as follows

Cottle: My guess is that you then completely reject the idea that we wound up with this wretched administration in part because of the backlash to the excesses of woke, especially alienating young men, who were told they were the problem, just generally speaking.

Bouie: [this line is highlighted] I completely reject that for simple reasons of linear time. This administration was elected in 2024. At peak woke, when Nancy Pelosi was wearing kente cloth, Democrats won a trifecta, right? At the--
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QuoProQuid @quoproquid.bsky.social · 29/08/2026
techno-optimists befuddled by declining popular support for “the robot that tells you to kill yourself”, “the pervert glasses“, and “the camera network that stalks you”
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ryan cooper @ryanlcooper.com · 28/08/2026
if I had presidential aspirations, I would be making clear that anyone who tries to take this sale has another thing coming
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David Roberts @volts.wtf · 27/08/2026
Genuinely abundant, cheap, accessible energy has vastly more liberatory potential than AI, for vastly more people -- especially more poor people. Which, I guess, is your answer.
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A.R. Moxon @juliusgoat.bsky.social · 27/08/2026
Nor will it end at ethnic cleansing. A machine built to eat people will keep eating people. Those who run it will always find a new category of unwanted humans.
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W.E.D.em Boyz @leftistwonk.bsky.social · 27/08/2026
ICE has fallen out of the headlines but July marked the largest number of migrant detentions ever on record. Five migrants have died in ICE custody in the last two months. It's also currently impossible to legally migrate to this country, as 100% of visa applications have been paused.
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Dr. Samantha Hancox-Li @sjshancoxli.liberalcurrents.com · 27/08/2026
this is why we should be running on corruption, because corruption--and accountability--is the red thread that ties together so much of their fuckery into an intelligible narrative
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 25/08/2026
I mean, I realize everyone else did too, but c'mon. Even Tulsi got this one right?
A The Good Place meme, reading:
"Tulsi figured it out?  Tulsi?  This is a real low point.  Yeah, this one hurts."
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Amanda Mull @amandamull.bsky.social · 21/08/2026
Tech execs do not have, like, a theory of mind for people who aren’t tech execs. If they did, they wouldn’t be so frequently baffled by how repulsive normal people think their whole deal is right now
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Will Stancil @whstancil.bsky.social · 22/08/2026
start bulldozing the ballroom on day one, dare the court to enjoin you, and make clear that if they do enjoin you, you will use the double standard to openly accuse them of complicity in Trump’s criminal cult of personality and call for the institution’s complete gutting on that basis
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Fischer 🛠️🚇 @fischer.bsky.social · 18/08/2026
I would like to strongly endorse the kotek victory lap on this. arguably the nation’s best housing governor
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mtsw @mtsw.bsky.social · 17/08/2026
A fun and surprising fact is that there is actually plenty of water for human habitation in the southwest! In fact, Phoenix peaked in water use in the 1970s even though its population has exploded, because converting farmland to housing or industrial uses SAVES tons of water bsky.app/profile/jdba...
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 16/08/2026
History is endlessly replete with people assuming that the big affairs of state will remain forever far away right up until those huge forces roar through their town or village, burning and killing. Then suddenly it matters quite a lot. As a pundit or journalist it is *your job* to remind them!
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Jason Karsh @jkarsh.bsky.social · 14/08/2026
I remember when Bill Clinton—a FORMER president—met Obama’s sitting AG on an airplane and it was a massive scandal. Now, here’s Trump’s new AG just doing Trump political rallies like it’s NBD.
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GOLIKEHELLMACHINE @golikehellmachine.com · 14/08/2026
i have no idea how many times service members and their families need to hear from trump that he thinks they're all worthless, disposable pissants, but i know this won't be the last time he tells them
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The Author, Séamas O'Reilly @seamas.bsky.social · 13/08/2026
Not to be some wild-eyed innocent, but I think it should be slightly bigger news that The Lancet have crunched the numbers and found that Musk's USAID cuts will kill 14 million people. And that's just by 2030. That's 9,600 people a day, every day, until the next world cup rolls around.
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Waldo Jaquith @waldo.net · 13/08/2026
Congress passed the Corporate Transparency Act. Trump vetoed it. Congress overrode his veto on a bipartisan vote. So Trump has decided to simply not enforce the law. I do not understand the role of Congress anymore. I guess they just make suggestions?
nytimes.com
Treasury Scales Back Scrutiny of U.S. Shell Companies (Gift Article)
The Trump administration will not enforce reporting requirements of the 2021 Corporate Transparency Act, which was intended to crack down on money laundering.
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Judd Legum @juddlegum.bsky.social · 13/08/2026
1. Mitch McConnell suffered a fall on June 14 and has not been in the Senate for two months. But he's continued to get paid his salary of 174K/year. Since he entered the Senate in 1985, McConnell has voted against creating or expanding medical leave — paid and unpaid — at least 23 times.
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 13/08/2026
FWIW, I think the question of "Did Woke 1 go to far?" it depends on where you ask! On college campuses? Sometimes. In making cops responsible for bad behavior? Obviously not! In holding sex pests and criminals to account? Clearly incomplete, look at the damn White House.
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James @gravitysra1nbow.bsky.social · 12/08/2026
Tremendous insight into the inner workings of the Trump administration that the NSA/SecState was allowed to go down in a fireball but the person who posts AI slop for the President qualified as needing to survive at all costs.
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[Christopher M. Federico] @chrispps.bsky.social · 12/08/2026
Lots of overfitting from the commentariat on this one, as Ryan notes. The margin here is hardly 'stunning.' If anything, it's (relatively) strong evidence of openness to left-insurgent candidates, offset in this case by an idiosyncratic candidate who was of lower skill than, say, AOC or Mamdani.
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Magenta @magentab.bsky.social · 12/08/2026
just a note: if you are a swing race democratic primary candidate and there is a poll showing a different candidate has better GE chances, you should prepare for an underperformance
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Radley Balko @radleybalko.bsky.social · 10/08/2026
It's just insane that the president tells absurd, easily disproven lies on a daily basis, and at this point we all just expect it.
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Mike Black @mikeblack114.bsky.social · 10/08/2026
it continues to be so fucking funny watching the "this war shit is easy just stop the woke, change the name, and run it like a business" crowd being tripped up by a war of choice against a third rate regional player implementing consequences literally everyone with two brain cells said would happen
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amb @amb.fyi · 06/08/2026
“In 2024, we found that clean-energy manufacturing lifted Harris’s vote share by roughly 1.5 percentage points—a swing of 2.5 million votes across the 234 districts. For context, Trump won the national popular vote by just 2.3 million.”
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David Roberts @volts.wtf · 06/08/2026
Weird how women won't choose a life of meek domestic servitude when there are other choices available. Every fundie religion and/or cult knows this deep in their bones, which is why they try so hard to make those other choices invisible or inaccessible.
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"Online Rent-a-Sage" Bret Devereaux @bretdevereaux.bsky.social · 05/08/2026
It seems really clear that by 2028, we're going to have an empty SPR, substantial munitions shortages, greater strategic challenges, a larger national debt and substantially higher bond rates which will massively constrain future administrations.
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Brian Beutler @brianbeutler.bsky.social · 30/07/2026
Had the tab open for weeks but finally read the New Yorker's Tate brothers expose. Among many thoughts: that reporting ought to be an existential emergency for MAGA and the international far right, but the reaction is eerily mute due (perhaps) to the decline of reading and weak political opposition.
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Josh Marshall @joshtpm.bsky.social · 29/07/2026
what jumped out to me was a 10% drop among partisan republicans in a month. that's almost the bigger number.
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GOLIKEHELLMACHINE @golikehellmachine.com · 29/07/2026
i get really tired of the savvy cynicism about how congressional dems will do nothing when you watch how the younger members of both chambers are very actively practicing at being aggressive questioners and a few of the older members are talking about nuremberg trials
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Dave Karpf @davekarpf.bsky.social · 28/07/2026
"Everybody deserves a say in the future of AI. We don’t have to resort to NIMBYism and questionable environmental arguments to get it. Even if one community succeeds in keeping the data centers out, another community will let them in." TRANSLATION: the datacenter backlash is working. Please stop.
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David Roberts @volts.wtf · 27/07/2026
The GOP is trying to kill public transit, full stop.
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Kampf mit Kette @kampfmitkette.bsky.social · 25/07/2026
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Nicholas Grossman @nicholasgrossman.bsky.social · 25/07/2026
A lot of criticism of the White House press corps on Bluesky tonight, primarily coming from a journalism as fourth estate, truth to power, informing the public, valuing free speech perspective. In case you were wondering why many prominent media figures prefer spending time on X.
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