Kernels from #Bitcoin2021:
“Personal liberty is typically a request made to the state. #Bitcoin is permissionless liberty. It’s an act, not an ask.”
-Me
As you go to work today and settle into the week, please study the form below. You will soon need to fill this out EVERY year and tell the government what you own and then allow them to tell you how much its worth.
That is the framework that is enabled by the Trojan Horse "Billionaire Tax" that is trying to get passed.
Give them credit: they cleverly use Billionaires as the hook, but build in the language and the framework that will allow the Legislature to simply extend the tax to everyone and make it yearly.
And this is where the form below comes in...
In this case, ask yourself, will it be you or the Billionaires that will be able to fill this out properly and avoid penalties.
As much as Billionaires can be pushed to do more for society, we all know that they have the infrastructure to manage these kinds of disclosures...middle class Californians do not and they will be the ones that get penalized in the end.
@chamath You can flee this tax, up until they implement it at the Federal level (shouldn’t be long). Then it’ll be mass exodus of the tax base. We’ll call it “The Great Resettlement”
JUNE 2028.
The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.
What happened?
https://t.co/JzzwCrbJgS
We’re told Epstein was a financial genius yet he gets this elementary explanation completely wrong. He conflates 9x leverage as loans to deposits instead of loans to equity. This blows his financial genius cover. $JPN balance sheet for reference.
We’re told Epstein was a financial genius yet he gets this elementary explanation completely wrong. He conflates 9x leverage as loans to deposits instead of loans to equity. This blows his financial genius cover. $JPN balance sheet for reference.
Jeffrey Epstein says there would be “RUNS on the bank” if the public knew how the banking system works.
“If you have one [dollar], you can lend out nine. That’s the way our system works.”
“People on the street... would find it impossible to believe.”
@kgarciadumont Got power an hr ago. When I reported the outage via text, NES confirmed it by text response although we never showed up on outage map. And, we haven’t received any text about the power being restored. It’s like NES pretends to have systems, but none of it works.
Our global alliances won’t be based on shared history, but on shared values.
As EU values have changed, our alliances will shift toward others who share our values.
My recent trip to Brussels for the @NATO Ministerial meeting left me with one overriding impression: the US has long failed to address the glaring inconsistency between its relations with NATO and the EU. These are almost all the same countries in both organizations. When these countries wear their NATO hats, they insist that Transatlantic cooperation is the cornerstone of our mutual security. But when these countries wear their EU hats, they pursue all sorts of agendas that are often utterly adverse to US interests and security—including censorship, economic suicide/climate fanaticism, open borders, disdain for national sovereignty/promotion of multilateral governance and taxation, support for Communist Cuba, etc etc. This inconsistency cannot continue. Either the great nations of Europe are our partners in protecting the Western civilization that we inherited from them or they are not. But we cannot pretend that we are partners while those nations allow the EU’s unelected, undemocratic, and unrepresentative bureaucracy in Brussels to pursue policies of civilizational suicide.
Gov at its finest: “Mission to exceed expectations”
Ave. wait time 45 min.
Here to close a biz. Already did at Dept of Rev, now have to do it at Dept of State. All these Depts act as silos with no info sharing. 5 sec guards at entry doing nothing.
@GovBillLee
Isn’t it ironic that the fear around AI is triggered at the point it becomes more human than machine? That its humanness is inherently dangerous.
Perhaps that’s more a reflect of our own prejudice against ourselves.