Michael Costa ⚓️ (@Costa24601) header
Michael Costa ⚓️ (@Costa24601) profile picture

Board Advisor, Investor. Former Prof of Finance, Civ Eng. “Laughter is like a windshield wiper. It doesn’t stop the rain, but it allows you to keep going.”

Bristol, RI
Joined April 2018
Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)Photo by Michael Costa ⚓️ (@Costa24601)
"I think all the time how grateful I am," Travis Roy, who became a quadriplegic at age 20. Be grateful.
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Sloppy writing. This does not reduce the electric bills of Rhode Island Energy customers. It shifts costs from some customers to others. (And it likely increases demand, which likely will increase prices.) Maybe that’s desirable, maybe not. Report accurately and write clearly.
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Noteworthy change 2014-2026
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If only there were a word for awarding positions, jobs, contracts, loans, privileges, or advantages to friends or colleagues.
Smart observation from Joe Paolino: Rosa DeLauro from Connecticut is going to be the next House appropriations chair. She was chief of staff to Senator Chris Dodd, who is Helena Foulkes’s uncle. Between Reed, Whitehouse, and DeLauro, Rhode Island could be poised to benefit big.
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This could turn out to be a political gift to @AllanFungRI
Rep. Chippendale says the party has an expectation of loyalty so they will not be extending an invitation to newly elected Allan Fung (I) to caucus with the Republicans. (on WPRO, with Tara Granahan)
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RI Sec of State website (candidate filing reports) not working on Election Day.
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Providence poverty rate is 20.7%, tied with Newark for #10.
Poverty rate among the biggest cities in the U.S.: Detroit has a poverty rate of 30.4. Frisco, TX is at 4.4%.
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Massive Men/Women gap. And women tend to over-represent among those who actually vote. Foulkes leads Block among Men, 45% - 40% Foulkes leads Block among Women, 61% - 25%
NEW: An election-eve @UNHSurveyCenter poll finds RI's Democratic nominees all opening up bigger leads Foulkes 55% Block 34% Guckian 8% Matos 56% Loughlin 41% Reed 63% McKay 32% wpri.com/news/elections/unh-…
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Surprisingly lackluster enthusiasm for Jack Reed in this poll. 66% of "Reed Voters" say their "vote is to oppose President Trump." Two-thirds of his voters.
NEW: An election-eve @UNHSurveyCenter poll finds RI's Democratic nominees all opening up bigger leads Foulkes 55% Block 34% Guckian 8% Matos 56% Loughlin 41% Reed 63% McKay 32% wpri.com/news/elections/unh-…
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‘Cry Wolf Effect’ is real. It also tends to be self-reinforcing.
Economists are increasingly alarmed by the debt/deficit. Voters don't care. via WSJ
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This is clever. Well done @CaptMarkKelly
The second law of thermodynamics says things fall apart. It doesn't say they have to. It says they will unless someone does the work. Our democracy is the same, and this election requires that we do the work.
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Trust in science researchers declined following COVID but less than one might have guessed.
Trust in science and researchers has fallen following the COVID-19 pandemic Read the full story: go.nature.com/47NRFYE go.nature.com/4zi5ESJ
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This deceitfully named “windfall profits tax” is actually a 50% tax on the price of oil (a globally determined price) in excess of the 2025 average. Because excise taxes are much different, and only in good ways, from tariffs. /s
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“I am on the level. I am struggling to figure out what this information is on your behalf, because I respect you.” John Dickerson Hoo boy. If only. One way, perhaps the only way, to get there is to listen to and change based on criticism. Real listening. Actual change.
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Presumably @gabriel_zucman has been told, repeatedly, that he’s continually changing definitions to meet his desired goals. Humpty Dumpty-esque.
Replying to @gabriel_zucman
Billionaires pay very little tax relative to their ability to pay – your patron Peter Thiel, Mr @tylercowen , is well positioned to know that. xitter.gq/gabriel_zucman/status/…
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32 of 38 RI Senate races are uncontested this week. Certain re-election of Jack Reed, who’s been in Congress since the Soviet Union still existed. Yet no lamentations of “threats to democracy” or “rigged system” or “special interests” or “captured government” or “aristocracy.”
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A debate brought to you by those who wonder “what the meaning of is, is.” § 17-25-10.1 “the cost of any print advertisements shall not be considered an allowable “in-kind” contribution and shall be subject to the aggregate limitation of twenty-five thousand dollars ($25,000).”
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Parody account?
Hello @elonmusk and @tylercowen , You have just decided to publicly attack our research, six days before the vote on the California billionaire wealth tax. Your attempt to discredit our work and that of our numerous academic colleagues is pathetic. Let’s take a look. 🧵
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This is a fair report of what happened. However, it’s basic pension fund management to know the proposed divestment bill will have no impact. It’s a political statement. It would have more credibility if it stood on its own, political, instead of the charade.
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The few savvy board members know that behavior in one area often prefigures future behavior. Fewer still have the courage to do something.
As Hasbro prepares to leave Pawtucket, recent comments CEO Chris Cocks made about the toymaker’s longtime home are drawing sharp criticism from city leaders. @KyshaKHancockTV reports: wpri.com/business-news/pawtu…
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