iiinova — where your digital self keeps evolving

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Andrew Lokenauth | TheFinanceNewsletter.com @thefinancenewsletter.com · 10/10/2026

2016: Median home price: $240,200 Mortgage rate: 3.4% Monthly payment: $850 2026: Median home price: $430,100 Mortgage rate: 7.4% Monthly payment: $2,400 That’s a 180% increase in just 10 years.

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Xela Hart @xelahart.bsky.social · 10/10/2026

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Xela Hart @xelahart.bsky.social · 23h

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Blue Dot in Red State @bluedotin.bsky.social · 22h

(The Atlantic) Yes, Trump is an easy mark who thinks only of himself and what benefits him. www.theatlantic.com/ideas/2026/1...

theatlantic.com

Trump Is an Easy Mark for Putin

The president’s diesel deal sells out Ukraine, and does nothing for Americans.

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Maggie McNeill @maggiemcneill.bsky.social · 23h

The term everyone is dancing around is "secret police", a hallmark of totalitarian regimes.

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Timothy Snyder @timothysnyder.bsky.social · 10/10/2026

If Americans view, clip, share, and permanently enshrine an American public killing in a million ways on the internet, we will move towards fascist rituals of violence. snyder.substack.com/p/four-wrong...

snyder.substack.com

Four Wrongs of a Public Execution

Psychological, Historical, Political, and Ethical (Video and Text)

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Xela Hart @xelahart.bsky.social · 20h

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4fuxake @blueheartedly1.bsky.social · 10/10/2026

Love it 👏 👇

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4fuxake @blueheartedly1.bsky.social · 10/10/2026

Again. Impeach him.

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Xela Hart @xelahart.bsky.social · 19h

😅😅😅

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Robert Reich @rbreich.bsky.social · 09/10/2026

22 California billionaires have spent a combined $150 million so far to defeat Prop 40. By spending their fortunes trying to stop California from taxing billionaires, they're making the argument for a billionaire wealth tax more clearly and articulately than anyone else possibly could.

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Ron Filipkowski @ronfilipkowski.bsky.social · 10/10/2026

Central casting.

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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 10/10/2026

Graydon Carter’s memoir says he wrote an unflattering piece about how vulgar Trump is for GQ. Thin-skinned Donald got employees to buy all the copies. Si Newhouse, noting the brisk sales, recommend that Random House publish “The Art of the Deal,” which led to “The Apprentice.” Hence this presidency.

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Ron Filipkowski @ronfilipkowski.bsky.social · 10/10/2026

Notice how Trump did not repeat this lie, one of his favorites, when his boyfriend Xi was here.

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Xela Hart @xelahart.bsky.social · 09/10/2026

@natefakes.bsky.social 🤭🤭🤭

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Jake Grumbach @jakemgrumbach.bsky.social · 09/10/2026

New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854

Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…

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Blue Dot in Red State @bluedotin.bsky.social · 09/10/2026

(WSJ) Microsoft and other companies are now in Trump's crosshairs. Throwing his 300 pounds around wherever and whenever he wants to. Hey, Big Tech: welcome to the world the rest of us live in: Trump's emotions and vengefulness that the rest of us live with. www.wsj.com/politics/pol...

wsj.com

Vance Says U.S. Will Suspend Microsoft and Other Firms From Green Card Program

The move comes as the Trump administration targets alleged abuses of immigration systems.

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Blue Dot in Red State @bluedotin.bsky.social · 09/10/2026

(Meidas) Just days after Trump claimed it would be a “great discredit” if he didn’t win, the 2026 Nobel Peace Prize went to Navanethem “Navi” Pillay “for her efforts to promote peace and international law.” No surprise here for Trump, but great news for Navi!!

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Andrew Lokenauth | TheFinanceNewsletter.com @thefinancenewsletter.com · 09/10/2026

The rise in inflation on everyday goods came entirely from Trump’s tariffs, New York Fed research found. New analysis shows the tariffs raised consumer prices by 2.9% by February. Without the tariffs, prices on the goods studied would’ve fallen.

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Xela Hart @xelahart.bsky.social · 08/10/2026

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Xela Hart @xelahart.bsky.social · 09/10/2026

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jclee1021 @jclee1021.bsky.social · 09/10/2026

FINALLY... something he qualifies for... Later...

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Xela Hart @xelahart.bsky.social · 09/10/2026

@claytoonz.bsky.social 😆😆😆

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whoschu.bsky.social @whoschu.bsky.social · 09/10/2026

I wish I could say this is unbelievable.

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Xela Hart @xelahart.bsky.social · 09/10/2026

jeffreykoterba.substack.com

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Ron Filipkowski @ronfilipkowski.bsky.social · 09/10/2026

Just despicable people. All of them. It’s not just that they’re corrupt and shitty at their jobs - they’re terrible humans.

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Jack Jenkins @jackjenkins.me · 09/10/2026

“A member of Congress at the scene confirmed to The Intercept that there was a child in the victim’s car when ICE agents shot at it.” theintercept.com/2026/10/08/i...