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John Delaney 🇺🇸
@JohnDelaney
Husband, Dad, Former Member of Congress, Ran for President, Entrepreneur, CEO of 2 Public Companies. Investor, Philanthropist. Pro-democracy Optimist.
Maryland, USAjohndelaney.comJoined December 2011

John Delaney 🇺🇸’s Tweets

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Today at #COP26, the world’s biggest banks & investors took an important & necessary step to keep 1.5° alive. Climate change is a risk to everyone’s bottom line, but when we finance the green transition we all win. I hope more banks will join soon.
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Those who oppose carbon dioxide removal and storage underground have a strange alternative climate strategy… ...continuing to store carbon dioxide in our atmosphere. Really don’t see how that works out well.
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. is spot on. We cannot build the clean energy economy of the future, which will involve the largest capital deployment in history, without permitting reforms that accelerate approvals/construction. Approval delays are a major obstacle in fighting climate change
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Climate action is about building things, not stopping things. During today's @HouseCommerce hearing, I discussed how excessive & outdated permitting requirements are inflicting a punitive tax on clean energy through costly reviews, extensive litigation & regulatory uncertainty.
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The problem with this letter are twofold: First, the debt ceiling relates to already spent money - it has nothing to do with future spending Second, every serious person knows that we only fix our debt problem with BOTH revenues increases and spending reductions
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Two dozen Senate Republicans — including several freshmen —  say they won’t back a debt ceiling increase without major spending cuts. Mitch McConnell, did not sign onto this letter, though two members of McConnell’s leadership team — Barrasso and Ernst — did sign it
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Very few actually understand where Fed gov't spends. It's approaching: 65% Medicare & Social Security and a few related programs 10% interest on the debt 25% discretionary, which is 1/2 defense and 1/2 everything else For those wanting cuts, where???
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With the bipartisan infrastructure bill, CHIPs Act & the IRA, the Biden Admin has launched a form of US industrial policy aimed at making us the leader in decarbonization and reshoring entire industries The private sector needs to follow the lead and invest against these trends
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Bad headline. While it is true ⁦⁩ has become a controversial figure (understatement), that should not diminish the singular role ⁦⁩ has had in moving the global auto industry towards EVs, which is incredibly positive for climate.
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The Fed's job is to manage inflation (price stability) and unemployment (full employment) not the stock market.
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The froth in the markets shows that the Fed shouldn't be done hiking. Bitcoin up? Tesla skyrocketing to more than half a trillion in valuation after price cuts? Come on.
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If inflation does slows materially in early '23 we will have definitive evidence that inflation is unpredictable by even the most skilled economists. Put another way, most economists missed inflation coming at us and the few who did see it predicted it would last into 24.
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The following are not opposing statements: 1. We should have an unconditional debt ceiling increase and eliminate the pointless debt ceiling rule 2. The U.S. national debt is too high and a responsible Congress would address it with a mix of revenue and spending adjustments
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The media acts like the sky is falling on inflation. It's not at all.
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One thing I've been noticing in my correspondence is how many people think inflation is still running wild; the big deceleration in the 2nd half of 2022 hasn't broken through to public consciousness 1/
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Outstanding choice. Jeff will be great.
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Jeff Zients to replace Ron Klain as White House chief of staff, ⁦@Phil_Mattingly⁩ and ⁦@kaitlancollins⁩ report cnn.com/2023/01/22/pol
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Not surprising that they can't ID leaker It's most likely a law clerk. Only 36 law clerks get hired a year (35k people graduate from law school a yr) - it is perhaps the most competitive job to apply for in the US. These people are smart and careful and would cover their tracks.
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SCOTUS has yet to determine who leaked a draft opinion overturning Roe v. Wade to the media last year. cnn.com/2023/01/19/pol
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Delivery folks were the heroes during covid and while most high paid workers sat home and zoomed they went to work EVERY SINGLE DAY supporting all of us and deserve more respect than this comment.
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If you're going to park over the footpaths and bike lane, maybe don't plaster your company brand all over your truck so proudly.
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There is such a weird appetite for "outsiders" and "unconventional" candidates in American politics - and traditional, well known, established community, political and business leaders being shunned as "establishment" (as if that's bad) - that frauds can now slip thru...
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He has called himself Anthony Devolder, George Devolder and “George Anthony Devolder Santos, commonly known as Anthony," on video and social media. huffpost.com/entry/george-s
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I'm hopeful that Biden's significant success in his first two years will change the lens that dem primary voters use Progress is made by bipartisan deal makers that have political experience Progress is not made by so called "fighters" (code for doing nothing) who are outsiders
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How does it sort out: The Fed has cooled the economy & supply chains are getting fixed. Reshoring will reduce the prior to covid supply glut, but not completely, creating long term supply/demand equilibrium Inflation moderates and Fed keeps rates stable for a while.
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During covid people saved a lot and post covid they spent big, which is inflationary. Energy prices went up b/c of Ukraine (inflationary) & now down (disinflationary) Reshoring/energy transition is positive but inflationary Fed raising rates/reversing QT is disinflationary
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Thread on inflation. Prior to covid the world had a structural supply glut, which is disinflationary. During covid we stimulated and increased money supply, which is inflationary. Restarting a shutdown economy caused supply chain issues, which is inflationary.
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Inflation wasn't purely transitory but recent data indicates that there was likely a larger transitory component to it than assumed by the inflation hawks.
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10 leadership lessons: 1 believe in yourself 2 winning is an attitude 3 all people are different people 4 see good in others 5 forgive first 6 tell the truth 7 happiness is a choice 8 optimists do more 9 stay teachable 10 doing the right thing is never the wrong thing
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Biden is slowly but surely reminding voters that what matters in politics is REAL results and good deal making NOT snappy slogans or fighting for the sake of just fighting or adopting positions that sound good but are unworkable.
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Glosses over the fact that Buffet stayed disciplined for 50 years, didn't chase the latest investment fad or shiny object, never wavered from his fundamental view of underlying value and built a world class business. Best ever.
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Replying to @marketplunger1
He’s actually roughly matched S&P 500 over last 20 years. 100% of his outperformance prior statistically attributable to embedded insurance leverage. I think he basically made 1 real bet that produced his success: being levered long for a 50 year secular bull market.
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The minute by minute Twitter coverage of the House Republican drama has largely provided little meaningful insight to the public (lots of gossip) and likely makes negotiations more difficult - it's reductive. House Rs need to get in a room, prohibit cell phones, and cut a deal.
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The Democratic rivals who mocked Biden for saying he would try to be bipartisan were about as wrong as you could be!
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Biden in Iowa in 2019, during his presidential campaign: “I'll work with Mitch McConnell where we can agree” and fight him when they couldn’t come to terms, like on gun reform. (His Democratic rivals mocked Biden as naive.) twitter.com/mviser/status/…
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Democrats have a massive advantage in all this chaos: First, they have a strong new and cohesive leadership team that enjoys unanimous caucus support Second, they STILL get the benefit of their ENTIRE former leadership team who as a group might have been the BEST EVER!
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Hoyer now talking to Jeffries after huddling with Scalise shortly before the 5th round of voting started.
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3/3 Immigration reform never got a vote and Boehner ultimately resigned. This is an example of how the Motion to Vacate can be used by a very small minority to block the will of the people. We would be much stronger as a nation if comprehensive immigration reform had passed.
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2/3 At that time, comprehensive immigration reform had passed in the Senate and there were enough votes in the House for it to pass if it only got a vote. As a way of blocking a vote (knowing it would pass) Meadows + Freedom caucus threatened to remove Boehner he allowed a vote.
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1/3 The fingerprints on the current Motion to Vacate debate are those of Trump's former (and 1/6) COS Mark Meadows who used it as a threat against Speaker Boehner in 2015 if Boehner put comprehensive immigration reform up for a vote.
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Feels like McConnell wants to be as far away as possible from the Republican fiasco unfolding in the House
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McConnell to be with Biden today in Northern KY as they talk about the bipartisan infrastructure law & efforts to replace the Brent Spence Bridge between Cincinnati and Covington. Named after late Dem KY Rep Brent Spence
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I'm surprised a group of moderate Republicans haven't pledged to vote against McCarthy if he gives into the extremes of his caucus.
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