Dominique☮️

overly excitable progressive, mom, wife, tax policy nerd, resister, 45-despiser, big hearted-loose lipped tweeter.

[Mark Carney @MarkJCarney]

The name Lake Ontario comes from the Wendat word Ontari’io, which, appropriately, means “the lake is beautiful, the lake is big”.

The name is more than 400 years old, predating both the Confederation of Canada and the Declaration of Independence of the United States of America.

We know that America is changing. Their trading relationships, their foreign policies, their national monuments, their hydronyms.

Canadians also know that naming reality means calling it Lake Ontario – then, now and always.

[Clipping Wings @ClippingWings]

Tim Miller: Abdul El-Sayed has to answer for whatever anti-Israel or anti-Semitic or imaginarily anti-Semitic statement that some supporter of his said.

Mike Rogers just gets to walk around carte blanche having his goons smearing private citizens because they have Muslim names

[theleahfiles @leahfiles]

If I were president and I wanted to tank the dollar and get rich off it, here is exactly what I would do.

I would hire a Treasury Secretary who already made $3.5 billion crashing another country's currency. I would put my guy in charge of the agency that approves bank charters. I would install a crypto czar with $200M in crypto holdings and give him an ethics waiver so nobody could challenge it.

Then I would sign an executive order banning the government from ever creating a digital dollar so there was no competition.

Then I would have my family launch their own private digital dollar. My family takes 75% of net profits. I would grow it to $4.6 billion in circulation and route a $2 billion Abu Dhabi sovereign fund deal through it to prove it works.

Then I would get Congress to pass a law requiring every stablecoin in the country to hold short-term Treasury bills. Now every dollar of my digital currency is a forced buyer of government debt. Brookings projects $2.3 trillion in captive demand by 2030.

Then I would have my OCC guy grant my family's company a federal bank charter. Now I can issue my digital dollar with federal authority.

Then I would have my Treasury Secretary weaken the actual dollar. Bond buybacks that suppress yields but tank the currency. Build a $950 billion war chest for more. Let the debt hit $40 trillion. Dollar index drops to 99. Gold goes to highest point ever.

Then I would kill the Corporate Transparency Act and delete the FinCEN beneficial ownership database. That was the one law that required every shell company in America to report who actually owns it. Without it, nobody can trace who is buying my stablecoin, who is routing money through it, or where the profits land.

Then I would let the loop run. Weaker dollar drives demand for "stable" digital alternatives. The law I passed forces those alternatives to buy T-bills. That funds the government's debt. My family takes profit on every transaction. Foreign central banks walking away from Treasuries get replaced by legally mandated stablecoin reserves my family controls.

Then I would use sanctions to start cutting countries off from the dollar system entirely. And when those countries need a new way to transact in dollars, the only federally chartered private digital dollar in existence is mine. They can buy it through shell companies nobody can trace because I deleted the ownership database.

I just built a toll booth on the global financial system. I take a cut every time someone uses the dollar. And I made it so nobody can see who is paying.

And every single step I just described has already happened.

So what does that mean for you and I?

The reason the United States can borrow at low rates and keep your mortgage and your car payment and your import prices stable is because foreign central banks hold trillions in dollar reserves. That system has always been public. The benefit went to everyone. Lower borrowing costs, cheaper goods , and the single biggest economic advantage any country has ever had.

What I just described is the privatization of that function. The entity buying the debt is no longer a central bank acting in the public interest. It is a private company taking 75% of net profits for one family. The reserve function used to generate a public benefit. Now it generates a private fee.

Your purchasing power shrinks every time the dollar weakens. Your 401k buys less in real terms. Everything you import costs more. And every time the dollar drops, demand for the private digital alternative goes up. The one the president's family owns. The one that by law must buy government debt.

You absorb the cost of a weakening dollar. His family collects the profit. That is the trade.

The enforcement mechanism to stop a sitting president from doing this? There isn't one. Former White House ethics lawyer Richard Painter says it would be a violation for literally any other federal employee, but not the president.

Nobody voted for this. No one was asked. There was no debate. There is no enforcement mechanism. There is no one investigating it. The Senate tried and it was blocked.

This is the largest conflict of interest in American history happening in broad daylight while everyone argues about something else.

So what do you do? Share this. Make it impossible to ignore. Send it to your representative, your senator, every journalist you follow. We make them answer for it.
Because the only thing protecting this scheme right now is the fact that not enough people understand it yet.

[Mehdi Hasan @mehdirhasan]

As critical as I am of the media and of the Democrats in terms of their (not) standing up to
Trump enough, I will also concede that it’s not an easy job.

In the past 48 hours we have seen:

1) Trump in the Epstein files, with some crazy accusations in there
2) a massive corruption story involving Trump, crypto, and the Emiratis
3) Trump saying he’ll use the government he controls to pay himself a 10 billion dollar settlement

How is anyone supposed to cover all that with the coverage those scandals deserve? By Monday, they’ll be forgotten and there’ll be another three new scandals. Maybe five.

Any one of the stories I listed above would destroy a previous presidency. Those three together won’t even dent Trump’s.

[James Surowiecki @JamesSurowiecki]

Remarkable that Trump revoked Temporary Protected Status for Venezuelans, saying it was safe for them to return home, while the country was ruled by a guy he just used US military force to remove from power.

[Rick Wilson @TheRickWilson]

My God.

This @WSJ piece on Trump, Witkoff and Kushner's venality for Russian business deals from which they will personally profit at the price of selling Ukraine into Russian slavery and despair is devastating and ugly.

https://t.co/uAUaOkz5TR

[Kenneth P. Vogel @kenvogel]

SCOOP: David Gentile reported to prison on Nov. 14 to begin a 7-year sentence for what prosecutors described as a $1.6B scheme that defrauded thousands of victims.

Trump commuted Gentile's sentence 12 days later, freeing him from prison. https://t.co/xiDLhMngwh

[ProPublica @propublica]

New: Agents rappelled from a Black Hawk helicopter in a massive show of force. Authorities said Tren de Aragua “terrorists” had taken over the building. But after the cameras were gone, federal prosecutors did not charge anyone. https://t.co/R75RP88yCo

[Will Sommer @willsommer]

In the aftermath of the wrestling match debacle, the FBI has pulled the jet Kash Patel frequently uses from flight tracking database FlightAware.

[NC Democratic Party @NCDemParty]

If you still need to vote in your local election, PLEASE STILL HEAD TO THE POLLS. You have the right to vote. If you experience any issues, call our voter hotline at 1-833-868-3462. If you're in line at your early voting site at 3:00pm, you will still get to vote!

[Acyn @Acyn]

Moskowitz: We need $30 billion to extend, obviously, these healthcare subsidies, which allow Americans—Americans, not illegal—Americans, citizens, to afford healthcare.

And the president’s like, ���We don’t have $30 billion, but I am going to send $40 billion to my dear friend in Argentina.” I mean, literally, these things are happening simultaneously. Yet we’re not allowed to go to D.C., we’re not allowed to sit down across a table, we’re not allowed to make a deal on healthcare.

It is the wildest thing ever. And the Republicans are like, “Well, healthcare is too expensive.” Well, welcome to the dance, guys. You’ve been voting against all changes to healthcare since 2008—before then, even. You’re still in the concept-of-a-plan stage. It’s been nine years stuck in the concept of a plan; the product is never coming to market.

I’m sure we can figure out some things that they want, some things that we want. There’s some bipartisan agreement to help Americans afford their healthcare. Everything’s more expensive since Donald Trump has become president—it’s not a lie. Every American knows it. Everything you do is more expensive.

But healthcare is something that is going up exponentially—prescription drugs exponentially. There’s bipartisan support to do something. But first, the Speaker has to let us, like, I don’t know, be a Congress. I didn’t think that would even be in question, where the Speaker’s like, “You’re never—you’re not going to come back.”

[Suzie rizzio @Suzierizzo1]

This is one of Ted Cruz’s Constituents and she missed her flight to call him out on his continuous lies about the Shut down!

[David Corn @DavidCornDC]

Re-upping for late-risers and West Coasters.....

[David Corn @DavidCornDC]

The wind changed.

[David Corn @DavidCornDC]

Good point.

[David Corn @DavidCornDC]

Important calendar calculations.

[John Harwood @JohnJHarwood]

if "American politics" were broken, we'd have seen things like this happen when Democrats controlled the House

but we didn't

what's broken, very specifically, is the Republican Party

[Jeff Stein @jstein_sun]

During a shutdown -->

Members of Congress: Get paid

Congressional staffers: No pay, but get backpay

Congress' janitorial/cafeteria contractors: No pay, no backpay

[Democracy Docket @DemocracyDocket]

Ohio voters, you may be wondering why early voting is not allowed today when Election Day is tomorrow.🤔

That’s because in January, Republicans enacted omnibus voter suppression law #HB458, which eliminated early voting on the Monday before Election Day.

[Dominique☮️ @1126Dom]

@MaxFlugrath 😂 so good