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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Author: A.T.

She’s Not My Type

August 4, 2025August 4, 2025

“When you’re a star they let you do it.  You can do anything. Grab them by the pussy. You can do anything.”

But no, actually, they don’t — and you can’t.

At least not in the case of E. Jean Carroll.

I keep coming back to her book, She’s Not My Type, because it’s a stand-in for . . . everything.

There is just no way anyone can listen (best at 1.3X speed) and not know for certain that Trump violently assaulted Carroll against her will and then lied and lied and lied and lied about it.  So Carl won’t read it.  If he doesn’t read it, it’s easier to deny.

Similarly, there’s no way anyone can read the voluminous Mueller Report and possibly think “Russia, Russia, Russia” is a hoax or that Trump did not obstruct justice.  But if you don’t read it, it’s easier to deny.

There is no way a serious person can look at the facts and not know for certain that the 2020 election was not rigged.

Or that the latest jobs report was not rigged.

Or that Trump’s 2016 Inaugural crowd was not the largest in history.

Or that Trump did not willfully conceal top-secret documents he took from the White House.

Or that the January 6 rioters, many of them sentenced by Trump-appointed judges, deserved to be pardoned.

And yet a sizeable portion of the country won’t allow itself to know these things.  It’s chosen sides and, having done so, has chosen to adopt “alternative facts.”


Can you imagine if Obama had done any of these things?  (2 minutes).



A short bio of America’s Mussolini by David Remnick.



BONUS

Fareed Zakaria noted the accelerating multi-trillion-dollar global arms race and concluded his indispensable weekly broadcast yesterday with this excerpt from Dwight D. Eisenhower’s famous Cross of Iron speech:


Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.

This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some fifty miles of concrete pavement. We pay for a single fighter with a half-million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people. . . . This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.


 

Far Worse Than The Job Numbers . . .

August 2, 2025

. . . is how Trump reacted to them.

Before he knew what Trump would say, Nobel laureate Paul Krugman concluded, sardonically:


One thing is clear: The previously reported good numbers were proof of Trump’s brilliance. Now that they’ve been revised away, the bad numbers are clearly Biden’s fault, or maybe Jerome Powell’s, or Barack Obama’s.


Or maybe Hunter’s laptop.


But no, Trump did not blame the bad numbers on someone else — he simply denied that they were real.  They were rigged against him, he said, just like the 2020 election or E. Jean Carroll’s phony rape allegation.* 

So he announced he would fire the 20-year veteran economist who oversaw them.

Which is far worse than some bad job numbers, because it tells the global investment community they can no longer trust us.

One more reason that U.S. stocks, as a group, may have a lot further to fall.

Robert Reich:


Trump destroys our source of information about jobs. This is beyond irresponsible.

I spent much of the 1990s as Secretary of Labor. One unit of the Labor Department is the Bureau of Labor Statistics.

I was instructed by my predecessors as well as by the White House that one of my cardinal responsibilities was to guard the independence of the Bureau of Labor Statistics.

Otherwise, this crown jewel of knowledge about jobs and the economy would be compromised. If politicized, it would no longer be trusted as a source of information.

So what does Trump do? With one fell swoop on Friday he essentially destroyed the credibility of the BLS.


It’s what dictators do.  They issue decrees (he calls them “executive orders”); they cow the opposition.

If you report bad news, they fire you.  (But being a total sycophant, as noted yesterday, “can be a fantastic career move.”)

Trump has already managed to weaken the dollar dramatically, making everything we import more expensive — even before adding on the tariffs that will hit consumers shortly.

And now he is destroying the credibility of our numbers.

Secretary Reich’s short letter is worth reading and — sharing — in full.



BONUS

Thanks to Glenn Sonnenberg for this wonderful 2006 quote from George W. Bush:


America needs to conduct this debate on immigration in a reasoned and respectful tone. Feelings run deep on this issue and as we work it out, all of us need to keep some things in mind. We cannot build a unified country by inciting people to anger, or playing on anyone’s fears, or exploiting the issue of immigration for political gain. We must always remember that real lives will be affected by our debates and decisions, and that every human being has dignity and value no matter what their citizenship papers say.



*If you listen at 1.3X speed, I think you’ll really enjoy Not My Type: One Woman vs. a President.  Sure, almost everyone knows he raped and defamed her.  But when you listen to the full account, as contrasted with his categorical denials, you will see at the most granular and definitive level what a liar he is.    

 

 

Gambling + Gaza

July 31, 2025August 1, 2025

Robert Reich: The Financial Bubble Will Soon Burst.


This isn’t an investment letter and I’m not an investment advisor. But I want to warn you. The financial economy — stocks, bonds, and their derivatives — is in for a big reality check, and I think it will happen soon.

The real economy is showing worrisome signs. . . .

And remember: Trump’s big tariffs haven’t hit yet. They go into effect tomorrow. That will cause prices to rise and consumers to pull back. . . .

Yet despite all this worrisome news, investors are going nuts buying up super-risky assets.

The financial economy is immersed in the kind of wild gambling we saw leading up to the 2008 financial crisis. We’re seeing it all over again — this time with cryptocurrency tokens, meme stocks, junk bonds, shares of Meta and Microsoft, and the reemergence of blank-check entities . . .

I’m not suggesting you cash in your stocks and bonds, but if I were you I wouldn’t follow the crowd into more risky investments. Again, I’m not an investment advisor, but there’s so much wild gambling going on right now that I fear we’re soon in for another financial crisis.



OPRT

I gambled $6,000 yesterday that I will probably lose to buy 400 calls on OPRT that expire August 15.  Each gives me the right to buy 100 shares of OPRT at $7.50 . . . which is worth nothing unless the stock, currently $6.20 a share, climbs above $7.50 in the next two weeks.

My idea?  The company is scheduled to release second quarter earnings August 6.  If OPRT is indeed on track to earn “in the range of $1.10 to $1.30” this year, as they have previously projected, then the quarterly numbers they release might confirm they’re on track to do so.

At that point, might “the market” then bid the price up to, say, 10X the lower end of the projected earnings range?  Which is to say, $11?

The earnings they announce could of course be disappointing.  Or could be fine but no one cares.  Either way, I will lose $6,000.  But in case the stock did jump to $11, each of my 400 15-cent calls ($150 each, because each is for 100 shares) would be worth $3.50 ($3,500), so $6,000 would magically have become $140,000.

I totally don’t expect this to happen (though a run up to $8 would still yield a triple; to $9, a tentuple).  But stranger things have happened.  (Here are 40 of them.)

To me, this is not “wild gambling” of the type Robert Reich decries but (I tell myself) well considered gambling.



Emil Bove Is a Sign of the Times


He has demonstrated that total sycophancy to the president can be a fantastic career move.




A GLIMMER OF GAZA HOPE

Arab States Call for Hamas to Disarm Amid Push for a Palestinian State

I mean, it’s very brave of the surviving billionaire Hamas leadership, wherever they now are (certainly not in Gaza!), to fight to the bitter end, no matter the horrible toll.  But if they really cared about their fellow Palestinians, they might have built a prosperous Gaza instead of a war machine after Israel vacated the strip in 2005; or at least have done what the Japanese eventually did after their surprise attack on Pearl Harbor: surrender.  (And then build a wonderfully prosperous country.)


Is it genocide?  This Israeli genocide scholar, Omer Bartov — and many others — say yes.  Yet it would seem to me: no.  (War crimes?  Crimes against humanity?  All too likely so.  And horrible enough without adding genocide to the indictment.)  To me, genocide, like any other “-cide,” means deliberate killing for the purpose of extermination.  That’s not what we did at Hiroshima or Nagasaki.  I don’t think it applies to Gaza.

That said, Bartov’s indictment — and the view so passionately expressed by the Patinkins that you’ve likely seen — should be considered by Jews everywhere, not least in the Knesset.


To those rightly concerned by the spike in antisemitism generally, and on college campuses in particular, I commend my friend Matt Nosanchuk’s magnificently level-headed, compelling July 15 testimony before the House Committee on Education and Workforce.


Shalom.

 

For All The Marbles

July 30, 2025July 31, 2025

Democrats: It’s Do Or Die On Redistricting.

This is for all the marbles, Rick Wilson argues, so worth the 7-minute watch.

Which might lead you, as it led me, to read his print piece: The Redistricting Arms Race.



For fun this weekend as you power walk, listen to E. Jean Carroll (at 1.3x speed) rea Not My Type: One Woman vs. a President, her memoir.


Even more compelling, if less fun: Abundance, By Ezra Klein and Derek Thompson.  Must reading, especially for Democrats — at least the first 56 pages up to the end of Chapter 1.



 

Of Sound Mind And Body

July 30, 2025

BRAIN HQ

New Study Shows How to Change Trajectory of Cognitive Decline

Compared with some of the other BrainHQ studies I’ve pointed you to over the years, this one seems little more than confirmatory.  But it’s a good reminder that, whether you’re Tom Brady or just the average Joe or Jill scared that you or a parent or loved one will develop Alzheimer’s or dementia . . . or afflicted with tinnitus or PTSD . . . or simply wanting to be sharper . . . 15 minutes a week with BrainHQ could have a dramatic positive effect on your future.  And it’s free . . . or close to free if you want the whole package.  And, yes, I own a tiny piece of it.

NOOM

I own none of Noom; I just use it.  But having now gone from 159 to 153 in a month, I can tell you (again) it works.

The first week isn’t particularly fun because (a) you have to get used to its features; (b) you’ll doubt it will work for you.  But of course it will!  If you burn more calories than you consume, you’ll will lose weight.  Duh!  And if you do it by eating right (and perhaps walking and/or exercising a little more), your health will improve.

The trick is simply to think of it as another game on your phone.  If you’re competitive, like me, you’ll make sure to “win.”  Which becomes easier as the progress you see strengthens your resolve to continue.

As with most new (good) habits, be it BrainHQ or Noom, the hardest part is starting.

I need healthy, sharp readers.  Get to work.



DIS-DISINFORMATION

How to fight lies.

If you’ve been reading my DIS-disinformation rants, you may find this Ink interview on point.


In his book How to Win an Information War, Peter Pomerantsev, a Ukrainian-born British author and academic and an expert on propaganda and information warfare — brings to life the remarkable story of a cunning World War II propagandist named Sefton Delmer.

A British national raised in Germany, Delmer was the mastermind behind a series of enormously popular radio broadcasts that appeared to come from Nazis who had grown disenchanted with their party. But these broadcasters were no Nazis. They were only pretending in order to sow doubts about the Nazi party among German soldiers and citizens.


As I’ve suggested, each of us could play a similar role, exposing Trump fans to information they don’t encounter on Fox News.


Or you could just erect billboards that it would be hard for drivers not to see:

New DNC Billboards Outside Shuttering Rural Hospitals Blame Closure on Trump’s Gutting of Health Care

This is similar to what I’ve been proposing with regard to all those great infrastructure projects Republicans are taking credit for — after having voted against them.

 

The Fourth Commandment

July 29, 2025

Keep your eye on Texas State Representative and pastor James Talarico.

This 50-second clip on the 10 Commandments is a hoot.

If it grabs you, take 4 more minutes to see how he handles a fellow Christian.

Here’s a short TikTok he did that got 18 million views.

Here’s 2 minutes on why he’s a Democrat.

It comes from his two and a half hours on Joe Rogan — one of the things he describes here.



SETH MYERS TAKES A CLOSER LOOK

Trump Can’t Escape Epstein Questions in Scotland

Nothing particularly new here; but aren’t we entitled to a little fun as the wars rage on, norms are shattered, and we — being, in the eyes of some, fundamentally a Christian nation — cut off aid to desperate people?

Speaking of which . . .

How to watch. . . the South Park episode everyone’s talking about.




 

Doin’ The Vatican Ra-a-ag

July 28, 2025

RIP TOM LEHRER

I never met Tom Lehrer, who graduated from Harvard at 18 and died Saturday at 97, but his songs have delighted me for 60 years and are available to anyone free, as his obit notes.

I can’t sing The Elements (all 102 of them, back then), but I can sure sing The Vatican Rag.

As for Wernher Von Braun, it doesn’t get more biting than this.  If you’ve never heard of him, read this quick bio before listening to the song.


RIP ZEUS

I met Zeus when he was just weeks old.  He barely came up to the top of my sneaker.  What a touching love story.


YOUR TAX DOLLARS AT WORK

We’re spending tens of millions so the president can golf.

Far more distressing: the tens of billions we’re spending to rid the country of needed labor, shatter families that have been working hard and paying taxes for years, denying asylum claims, and becoming cruel.  Even sadistic:

Immigration agents told a teenage US citizen: ‘You’ve got no rights.’ He secretly recorded his brutal arrest.



WHOM COULD THEY POSSIBLY BE TALKING ABOUT?

 

 

I’m Back

July 27, 2025

CHRISTIAN? JEWISH? MUSLIM? HINDU?

Bernie Sanders (20 seconds).


DEPT. OF WASTE FRAUD AND ABUSE

Donald Trump’s Scotland golf trip comes at incredible cost to U.S. taxpayers


. . . Trump spent an estimated $151 million of taxpayer money golfing across his first term [and] is well on his way to blowing that total out of the water . . .

. . . According to the website DidTrumpGolfToday.com, the president has played golf on 23.4% of the days thus far in his second term heading into his Scotland stay. . . .

“He’s using the presidency to market his golf courses,” Richard Painter, the top ethics lawyer in George W. Bush’s second-term White House told HuffPost.


(See also: Commander in Cheat: How Golf Explains Trump.)


WHOM WE HONOR

Renaming the USS Harvey Milk


What is it about Harvey Milk that offends an administration that honors Confederate generals who sought to preserve slavery?



KRUGMAN 

The Art of the Really Stupid Deal 


Overall, the interaction between the Japan deal and Trump’s other tariffs probably tilts the playing field between U.S. and Japanese producers of cars, and perhaps other products, in Japan’s favor.

If this sounds incredibly stupid, that’s because it is.



OVERHEARD

“You may not be the dumbest guy in the world, but you’d better hope he doesn’t die.”



May I suggest you share today’s first item — the Bernie Sanders clip — on Truth Social as part of your DIS-dis-information campaign?  “Hey guys.  How should I respond to this socialist crap?”

 

More DIS-dis . . .

July 23, 2025

Attention MAGA Shoppers. 

You know all this, of course — that Trump’s tariffs are a tax on consumers.  But what a perfect column to send as part of your hour-a-day DIS-dis-information campaign.  (Have you started doing it?  It’s fun!  And so much more constructive than spending an hour lamenting the state of the world.)

You just go onto some right-leaning website — Truth Social  should do fine — with a handle like sky-dive-bro-23 or patriot2076 — and ask for advice.  “Hey, all.  Got this just now from my woke lib cousin.  Any advice on how to respond?”

Or send this graphic:

Or send one of the damning 60-second clips you’ve been getting.

The point is: by asking for their advice, you will get maybe 12 people — or 400 — to consider the content.  Think of it as a Trojan Horse’s nose under the camel’s tent. (Sorry.)  But you get my drift?

When they respond, “Just tell the pervert to go f— himself” . . . you can respond, “Yeah, well, not sure that’s they education he needs.  Can you point me to some links where I can actually debunk?”

So now the people watching this thread have to think some more about it.

And if they send you some links that are flat out wrong, thank them . . . but after an hour or two . . . “I sent that link, and he responded with THIS link!  My head’s gonna explode.  Help!”

(“THIS link,” of course, being a link that debunks theirs.)

And on it goes, as you, woke-is-broke696969, gradually begin to doubt Trump is the straight-talking hero so many believe him to be.

Tell me this is not as much fun as Words With Friends or Spelling Bee!



BONUS

Prague’s Franz Kafka Airport.

 

Carville: Repeal The Steal!

July 21, 2025

If you missed it:  Repeal The Steal.

Now Carville bolsters the case — and boils it down to just one word.  Something on which the most and least liberal Democrats can unite around.



NOOM

As previously noted, this is not a stock symbol — though if it were, I’d be a buyer.  It’s the “fitness” app I loaded onto my phone when I weighed 160 five weeks ago.  I treat it like the other games I play on my phone.  Only, this one requires a $10 digital scale (which works great) . . . logging in everything I eat (which I never thought I’d ever bother to do) . . . and logging my exercise (which is easy, because I don’t do as much as I should and it logs my “steps” automatically).

The point is: I’ve made it a game, I like games, and I like to win.

Guess who’s now 154 and headed lower.

I tell you this not to brag, but because I want you to live forever, too.  I need you.

[Hint: the first few days, between getting used to the app’s navigation and not seeing any real progress, you may be tempted to quit.  But once you get in the groove and see progress, it has to work — it’s just math.  Calories in, calories out.  Plus, it’s fun annoying people.  Annoying is sort of my specialty.  “Oh, that looks amazing,” I say as Tim serves us all the salmon he’s slaved over making.  “How much does it weigh?”



I may be taking this week off, so I’m scheduling some posts in advance.  If a volcano erupts plunging the earth into darkness and I fail to blame it on Trump, or to comment in some other way, it’s because I was someplace without Internet access.

 

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