Brennicus

Patriot returning to Twitter to watch the transformation; not a content creator, just a curator of items that interest me.

[Tracy @beekmanplace78]

Men finally speaking up

[Donald Trump Stock Tracker @DJTRadar]

Reminder that the Trump administration bought this stock at $17.17.

You can buy it right now at $12.78. 25.6% cheaper.

You're welcome.

[Aakash Gupta @aakashgupta]

T-Mobile spent five years trying to get rid of the exact spectrum Elon just called "the last critical piece" of complete phone coverage in America.

This 800 MHz block is Sprint's old Nextel spectrum, the stuff that powered push-to-talk walkie-talkie phones in 2004. The DOJ forced T-Mobile to divest it as a condition of the $26 billion Sprint merger. Dish had first rights at $3.59 billion and walked away because it couldn't raise the money. T-Mobile finally offloaded it to an investment firm called Grain Management last year for $2.9 billion plus a spectrum swap.

Grain's original plan was selling it to utilities for private networks.

Fourteen months later, SpaceX buys the whole portfolio, and shares of the carriers who passed on it fall as much as 8% in a single afternoon.

Here's why it matters so much. Starlink's satellite signal at 2 GHz can reach your phone outdoors, but it dies at the first wall. 800 MHz penetrates buildings. Most phones already have the band built in. So satellites handle the open sky, this low-band layer handles indoors, and suddenly Starlink Mobile covers everywhere a normal carrier does without the tower network.

Stack the moves. $17 billion for EchoStar's 50 MHz of 2 GHz spectrum. FCC approval for 15,000 Gen2 satellites this week. Now the low-band coverage layer.

Verizon, AT&T, and T-Mobile paid $81 billion in a single auction for C-band spectrum in 2021, then spent years and tens of billions more deploying it on towers. SpaceX assembled a nationwide carrier out of a distressed-asset sale, a forced divestiture castoff, and rockets it already owns.

The walkie-talkie spectrum from 2004 ended up being the piece that lets satellites replace cell towers. Nobody who touched it for twenty years saw that coming.

[Macro Liquidity by Sunil Reddy @Macrobysunil]

Hard times are coming for India as a global monetary conflict intensifies.

What looks like Trump's nationalism, immigration restrictions and trade protectionism is part of a much bigger struggle over who controls global capital flows, who accumulates gold and who dominates the future monetary system

Service exports and remittances are two major pillars keeping India's external trade imbalance manageable.

Now look at what is happening.

India's two critical imports, crude oil and gold, are becoming increasingly expensive, while its service exports and remittance flows face growing pressure.

Don't look at this as merely a Trump effect.

The bigger game is that the issuer of the world's reserve currency is no longer willing to support globalisation the way it once did. It is moving into retreat.

And once that path changes, the consequences for countries like India will be enormous.

The US has little incentive to allow the old system of accumulating dollar surpluses to continue indefinitely.

Why?

If India accumulates substantial external surpluses, a good portion of those reserves will move into precious metals, assets that compete with the dollar's reserve dominance.

India also runs a massive trade deficit with China. Dollars flowing from India to China strengthen China's external surplus, which can again be recycled into gold.

The same dollars eventually become demand for an asset that challenges the dollar's dominance.

This is the deeper monetary conflict behind the retreat from globalisation.

What appears on the surface as nationalism, immigration restrictions and racial hostility is also a struggle over who accumulates wealth, who controls global capital flows and which assets ultimately serve as reserves.

India is particularly vulnerable because it depends on imported energy, foreign capital, service exports and remittances to sustain its external balance.

If import costs rise while dollar inflows weaken, the adjustment increasingly falls on the rupee.

And a weaker rupee makes those same imports even more expensive.

A vicious cycle.

Every Indian needs to understand that the coming risks are not merely about economic growth. They are about the purchasing power of the wealth they have already accumulated.

I strongly suggests Indians should keep a portion of their savings in physical gold and silver as a hedge against currency depreciation and systemic monetary risk.

This is not simply a trade against Trump.

This is a war over the future of reserve assets, dressed up as nationalism and racism.

And India could find itself caught in the middle.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The "AI Big 10" now accounts for a record 42% of US stock market cap.

This includes Magnificent 7 stocks as well as Broadcom, $AVGO, AMD, $AMD, and Micron, $MU.

This figure has more than doubled since the 2022 bear market low.

By comparison, during the 2000 Dot-Com Bubble, the Technology, Media & Telecom (TMT) sector peaked at 41%, while the Nifty Fifty peaked at 40% in the 1970s.

Furthermore, Japan’s equity market bubble in the 1980s peaked at 44%.

In the past, only railroad stocks have significantly exceeded this concentration, accounting for 63% of US market cap at their highest point in the 1900s.

The dominance of Big Tech is extraordinary.

[Brennicus @brennicus]

@MikeWChip I’d watch evil getting eradicated second to college football and basketball. And tailgate. I hope his NIL income was worth it.

[Brennicus @brennicus]

@MikeMcF07786758 Trump is doing it now. The corrupt uniparty congress is for show.

[JoeLange @JoeLange]

Has everyone forgotten about “high interest rates?”

Why might they actually be a part of the PLAN?

I have said for years now, that Trump took down the Federal Reserve in his first term, using the Covid emergency as the excuse.
Trump rolled the Federal Reserve under the authority of the Treasury.

Link:

https://t.co/GhCwOYJmBk

The Treasury Secretary is now controlling ALL the levers of “power” over the world’s financial system.

Scott Bessent is able to track all the dollars, shut down all the illegal money streams and even exclude banks and countries from the world’s financial system.

The central banking system is ALREADY dead.

The whole world focuses on Bessent’s every move and the new FED chairman is just an afterthought.
The only thing Trump’s newly appointed FED chairman is controlling is interest rates.

But is he controlling interest rates, or is he taking orders?

Several people commented that Trump wasn’t in control of the FED because Warsh did the opposite of what he’s consistently demanded for years.
Trump “publicly” says that he wants the FED to lower rates and so does Bessent.
Warsh raised them instead.

Just OPTICS?

Is this “proof” Trump doesn’t control the FED?

Or is it “proof” that Trump actually does control the FED?

Always ask the right questions.

Why would Trump and Bessent actually want “higher interest rates” at this moment in time?

What advantage would it be for Trump, to have higher interest rates stay temporarily elevated?

Why would Trump and Bessent want a really strong dollar and U.S. Treasury?

Who holds the world’s reserve currency?

High interest rates strengthen the dollar and U.S. Treasuries against ALL foreign currencies.

How do you “transition” the world from a central bank “fiat” system into a blockchain stablecoin system with sovereign currencies backed by “assets?”

There are three “structural reasons,” high rates become a “requirement” rather than just an advantage.

1) Controlled “migration” into the new system PREVENTS bank runs and financial chaos.
The GENIUS Act prohibits issuers from paying yield to holders, the stablecoin is a zero-yield instrument. One dollar equals one stablecoin. No interest attached.
This is critical. High interest rates keep the “old system” funded long enough for the “new one” to MATURE AND GROW. If rates were low, there would be no reason for anyone to keep their money in banks — the “migration would accelerate” faster than the infrastructure could absorb it.
It would cause “bank runs.”
Trump and Bessent are preventing it.

2) Banks are allowed to “compete.”
Competition is what destroys monopolies and centralization of our financial system. Trump isn’t trying to destroy the banking system, he’s trying to make it work for the benefit of the American people again.
A Dallas Fed analysis confirms this: "Deposit rates increased substantially as the Fed raised interest rate in 2022." If the Fed rate were near zero, banks couldn't offer competitive deposit yields to stem outflows. Low rates would “trigger” another run on banks. Trump and Bessent are creating healthy competition.

3) High interest rates are actually “funding” the building of the new stablecoin system.
How?
The companies who issue stablecoins (not holding them) earn the Treasury spread on reserves. High rates equate to a spread in billions annually.
Without “profits” from that Treasury spread, the stablecoin issuers couldn’t “build” the new blockchain system. It cannot be built, staffed, and globalized without that revenue stream.
High interest rates are literally the “construction loan” for the “architecture” of the coming new worldwide financial system.

Now here’s the important part:

We NEED high rates to keep the old system alive, to fund the new system's construction, and to control the pace of migration — but the new system's success “kills” the high-rate environment that made it possible. It’s a phase-in transition with a built-in deadline.
The new system phases out the old system.

[Brennicus @brennicus]

@BlueSlots They know but they are slaves to the paycheck

[Brennicus @brennicus]

@ThomasEWoods @FightWithMemes I’m not a boomer. I’ve done the math. I have to make it past 85 to get what I paid in assuming 2% interest annually on my payments. Several is a bullshit statement Tom.

[𝙤𝙡𝙞𝙫𝙚𝙧★ @olivvrszn]

Unless I’m working in an ER, or working as a paramedic, or working as a firefighter, there’s no reason I should be expected to “thrive in a fast-paced, high-pressure environment.” Just fix the terrible management and stop running your office like a circus.

[Dr Bixter E Neudels, Esq @theBixterN]

The thing you need to understand about the US Postal Service is that it exists primarily as a jobs program for blacks and browns (650,000 of them). Delivering mail is tangential to its true function, which is providing paychecks to ethnic pets.

[Kpaxs @Kpaxs]

People make their worst decisions at the moments that matter most, and rules exists to make one decision for them at that moment.

Here a list of useful rules to keep in mind:

[JoeLange @JoeLange]

🔥🔥🔥

[JoeLange @JoeLange]

I missed this speech and only saw a few highlights.

But this “highlight” from the speech is ANOTHER massive REVEAL.

Did you catch this important SIGNAL?

"In the ultimate proof to our commitment to ensuring the shipyard's enduring success, American taxpayers will receive a 40% stake in the new shipyard."

The Department of War has contracted with Anduril, the fastest growing military contractor, to build the biggest and newest modern shipyard in America.
It’s focused first on building nuclear submarines.

🚨🚨
And the American people are receiving a “40% ownership stake.”
🚨🚨

There’s a reason that Trump continues to use the word “dividend,” when he talks about future payments to the American people.

Don’t listen to the clowns calling them welfare checks or tax breaks.

They have “zero” to do with taxes, which Trump is ALREADY working to get rid of.

These quarterly “dividend” payments are from the many “investments” that Trump has made in the most important industries in this country.
He’s made these “investments” for the American people.

A “partnership” between the American people and the corporations rebuilding America.
Main Street America is now going to “share” in the profits with the many corporations who are rebuilding our manufacturing thanks to Trump.

If you think the $5000 payment for every American adult, that’s coming after we win the midterms, is a “one-time” payment, then I would suggest that you aren’t following what Trump is setting up.

The doomers will complain about the deficit and the debt, as if the debt was EVER going to be paid off.

But they will ignore the fact that these “dividend” payments aren’t coming from taxes, but are coming from quarterly profits from these specific investments.

A Sovereign Wealth Fund.

Think much bigger my friends.

Can you imagine how fast our economy will grow if every quarter, the American people were receiving $5000 or more in “dividend payments?”

Do you understand how that would completely destroy the current “debt system” and the “debt trap” that most Americans are caught in?

Do you understand how fast the American economy will grow if the people suddenly become flush with cash every quarter?

If the American economy grows rapidly, so will the world economy.
Our economy is the “engine” for the world’s economy and we will lift all boats worldwide.

That’s why Trump is making so many trade deals, especially with third world countries, who have been trapped in poverty because of the debt system.
Trump is helping them unleash their natural resources and succeed along with everyone else.

SOVEREIGNTY being made great again.

A true Golden Age.

[Brennicus @brennicus]

@SomeBitchIIKnow This statement is true

[Jewels Jones ® @JewelsJonesLive]

Those license plate cameras just lost in federal court.

A judge ruled that searching them without a warrant violates the Fourth Amendment. His words for what they are: indiscriminate mass surveillance.

There are about 300,000 of them out there. 💎

[Don Durrett - goldstockdata.com @DonDurrett]

🥰

[Joseph Brown @heresyfinancial]

About 8.5% of the US population are millionaires

Only 3 countries have more millionaires per capita than us

The US has 23 million millionaires, out of 57 million total worldwide

This means Americans make up over 40% of all millionaires, despite being less than 5% of the world’s population

The US is a very rich country with very good wealth distribution compared to the rest of the world.

[Educated in Law @EducatedinLaw]

State can require permits for DRIVING (FOR HIRE) but NOT for TRAVELING (in ANY conveyance).

Cite: Thompson v Smith, 1930. Virginia Supreme Court !!!!

"The key passage says the common right includes operating an automobile for the “usual and ordinary purposes of life & business,” and then contrasts that with “transporting persons or property for hire along the street,” which it calls a privilege that a city may permit or prohibit." - ChatGPT
https://t.co/FPC0zATIQu

Points 1-4 about driving.
Points 5 & 6 about traveling (in any conveyance
https://t.co/K4tXekNH06

Back in 1930, driving meant chauffering. Only because of K-12 indoctrination and media lies do average people think private use of an automobile for everyday life is driving/chauffering.

Richard:McDonald always brings up court cases, and now I know why. It's a silver bullet.

Richard:McDonald also brought up the definition switch, of pretending driving can be not for hire.

🎩Hat tip to Living in the Private that lists Thompson v Smith and many other court cases on the right to travel.
https://t.co/3X9yMpZhNN

Richard:McDonald also says automobiles are home goods. Don't recall why that helps.