PSA: You don’t get to refuse to support Zohran and actively oppose Abdul and take money from AIPAC and oppose Medicare for All and be chicken shit about abolishing ICE… then turn around and act shocked that people don’t see you as leadership material. @SenSchumer@RepJeffries
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.
Someone posted this on another platform with no name so here it is and I think we all need to listen to what it says about voting & the Midterms. If you agree with what it says give it a 👍
I’m happy to share this because I don’t care what side of the aisle you sit on, this is a fact.
Speaker Mike Johnson this is for you.
Concerning Social Security payments, my contributions were made for over 50 years on every salary I received. From my first part time job until I retired. I always had a job.
The Social Security check is now (or soon will be) referred to as a "Federal Benefit Payment?" I'll be part of the one percent to forward this.I am forwarding it because it touches a nerve in me, and I hope it will in you. Please keep passing it on until everyone in our country has read it.
The government is now referring to our Social Security checks as a "Federal Benefit Payment." This isn't a benefit. It is our money paid out of our earned income! Not only did we all contribute to Social Security but our employers did too.
It totaled 15% of our income before taxes.
Congress took our money and used it elsewhere. They forgot (oh yes, they knew) that it was OUR money they were taking.
They didn't have a referendum to ask us if we wanted to lend the money to them. And they didn't pay interest on the debt they assumed. And recently they've told us that the money won't support us for very much longer. And now, to add insult to injury, they're calling it a "benefit", as if we never worked to earn every penny of it.
Just because they borrowed the money doesn't mean that our investments were a charity!
Let's take a stand. We have earned our right to Social Security and Medicare. Demand that our legislators bring some sense into our government.
Find a way to keep Social Security and Medicare going for the sake of that 92% of our population who need it. Then call it what it is: Our Earned Retirement Income.
99% of people won't forward this to their timelines…..will you?
Please, for the sake of our country, repost this.
1 US milk is illegal in Europe
Too many chemicals
2 US bread is considered cake in Europe
Too much sugar
3 US eggs are illegal in UK
They wash off the natural protection
4 US meat is banned in 160 countries
Due to hormones
5 US apples are coated with wax also used for cars
6 In US, 60% of food contains stuff banned in other countries
-@SydesJokes
625,000 Americans filed comments telling them not to open 45 million acres to logging.
99% said no.
They filed the paperwork to do it anyway on Tuesday.
They're not counting on winning the argument. They're counting on you not saying it twice.
👇 Say it twice:
https://t.co/uFVBdAmxRn
Please help, if you can do anything to get local media or public health orgs to help in California, Oregon, Washington, Alaska, or Hawai'i.
People have had success w/news media for the Texas & Idaho outbreaks. This is at about 4,000 reshares on lG now.
I mask in public still because no one has given me any convincing scientific evidence that getting repeat COVID infections is safe or sustainable for health, especially brain health 🧠
From 🇮🇪 Irish shores to the hands of murdering, rapist pricks in 🇷🇺 russia, this alumina is being forged into the very weapons murdering Ukrainian Women and Children.
It is disgusting that these atrocities are being fueled by cooperation with Irish suppliers.
#Alumina21
This was Kevin Gonzalez a 18 y/o boy that was battling stage 4 colon cancer & was just diagnosed this January in Chicago.He’s an American & lives in Mexico with his parents & they came to see him & were detained.A Judge released his parents to Mexico & they saw him before he died
🚨NEW: Former FBI Director Robert Mueller has died at the age of 81. A Purple Heart recipient in Vietnam, he dedicated his life to standing up for democracy.
RETWEET to honor Mueller’s life of service ❤️