John Ezinga-lets roll

Dad. Never give up. vires in numeris..lets roll

[John Ezinga-lets roll @corncracker71]

https://t.co/J1O11Xq1NG

[Massimo @Rainmaker1973]

82 years ago Today, the largest amphibious invasion in history began along the coast of Normandy, known as D-Day.

Real footage in color.

[Handre @Handre]

Milton Friedman's greatest regret.

The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.

Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.

Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.

This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.

Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.

[Bobbie @bo66ie29]

6th June 1944. Over 150,000 brave British, Canadian, US and Allied forces landed by air and sea in Normandy. #DDay

[John Ezinga-lets roll @corncracker71]

Just read it

[Vijay Boyapati @real_vijay]

"Owning bitcoins is one of the few asymmetric bets that people across the entire world can participate in."

The Bullish Case for Bitcoin is now published as a single shareable article:

https://t.co/q0pMX04Bcb

[John Ezinga-lets roll @corncracker71]

@mikealfred Hockey swing
Bump/run

[John Ezinga-lets roll @corncracker71]

The most perfect of an imperfect game

[Sal the Agorist @SallyMayweather]

22 yrs ago today, after a long zoning dispute with local officials that ruined his business, welder Marvin Heemeyer had enough & created the Killdozer.

He destroyed the mayor’s house, the judge’s house, town hall, the police station, & the bank - while avoiding hurting civilians or their property.

Happy Killdozer Day to those who celebrate 🎊

[Rand Paul @RandPaul]

They spy on you without a warrant, then hide behind a secret court. That's not how the Constitution works.

My Fourth Amendment Restoration and Protection Act stops warrantless surveillance of Americans.

[Thomas Sowell Daily @DailySowell]

Thomas Sowell on the truth about the Great Depression:

“There’s this narrative out there that the reason we had mass unemployment in the 1930s was because the market failed.”

“It so happens that for the 12 months following the stock market crash, we never hit double digits of unemployment. Unemployment peaked at 9 percent two months after the crash and started going down.”

“The unemployment rate was down to 6.3 percent when the federal government figured it had to intervene. And that’s when the downward movement reversed and we never saw 6.3 percent again for the next decade.”

“It’s clear as crystal that the disaster came after federal intervention.”

[Milton Friedman Quotes @MiltonFriedmanW]

Milton Friedman: “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax.”

“If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or borrowing.”

[SightBringer @_The_Prophet__]

⚡️The middle class is where the system hides its extraction because the middle class still believes obedience will be rewarded.

The poor are visibly dependent.

The rich are structurally insulated.

The middle class is trapped inside the moral contract of responsibility.

Work hard. Pay taxes. Buy insurance. Save for retirement. Don’t cheat. Don’t default. Don’t complain. Don’t take too much. Don’t fall behind. Keep your credit clean. Keep your kids on track. Keep your career moving. Keep the mortgage paid. Keep smiling.

Then the system taxes that obedience.

The middle class is easy to extract from because its income is visible, its behavior is predictable, and its fear of falling is powerful.

W-2 income can be captured before it ever reaches the bank account.

Property taxes attach to shelter. Healthcare attaches to employment. College aid disappears once income crosses thresholds. Tax credits phase out. Professional licensing, insurance, childcare, commuting, housing, and retirement all become toll booths.

The rich escape through structure.

The poor survive through assistance.

The middle pays retail.

That is why it feels like the most expensive place to live. It is the zone where you make enough to be denied help and not enough to buy freedom. You are too “successful” for sympathy and too exposed for security.

This is also why the middle-class anger is going to grow. These people are the stabilizing class. They follow rules, raise kids, pay bills, fund municipalities, staff companies, buy homes, carry insurance pools, and keep institutions functioning. When they start realizing the bargain no longer compounds, political trust breaks hard.

The deepest betrayal is that income stopped being the path to safety. Asset ownership became the path to safety. The middle class earns income to buy assets, but asset prices keep moving away because monetary policy, debt, housing restriction, financialization, and investor demand pushed the ladder higher. So the worker runs faster while the asset-owner floats.

That is the hidden class split.

The middle class is not poor enough to receive the system’s mercy and not rich enough to command its architecture. It is the payer class. The compliance class. The full-price class.

Bottom line:

The middle class is expensive because it is where responsibility gets monetized.

The system extracts most efficiently from people who still believe playing by the rules will save them.

[John Ezinga-lets roll @corncracker71]

Short the Banksters

[Bitcoin.com News @BitcoinNews]

🏦 JPMorgan CEO Jamie Dimon warns stablecoins could become a "huge problem" and says he is not happy with the Clarity Act.

🎙️ When asked about Coinbase CEO Brian Armstrong representing the industry, Dimon said, "He's full of sh!t."

[John Ezinga-lets roll @corncracker71]

Short the Banksters

[The ₿itcoin Therapist @TheBTCTherapist]

You need to watch this interview with Jamie Dimon and understand how incredibly important the Clarity Act is for the banks to maintain absolute power over the people.

Jamie Dimon (aka the God King of fiat) speaks for the banks they are about to lose control to Bitcoin and crypto.

This is the single most important event in the institutionalization of crypto since the spot Bitcoin ETF was approved in January of 2024.

There are compromises being made on both the crypto lobbyist side as well as TradFi banking — Dimon does not want to compromise — he wants the banks to maintain absolute control like they have for decades — why wouldn’t he?

I am not a huge fan of Coinbase but Brian Armstrong is spearheading this campaign (with significant incentives) to offer a better opportunity for all investors in the U.S. and in crypto largely.

Dimon is trying to stifle innovation and Armstrong is pushing for it. Everyone should be rallying behind Coinbase and Brian right now — Dimon looks like a buffoon showing up on FOX to say he is “full of sh*t”.

This will eventually blow up in his face. The race to adopt crypto is much bigger than any one person, even Jamie Dimon. You cannot stop a technology whose time has come.

When the technology ultimately benefits the common person, those standing in the way of freedom technology will soon be run over.

[Thrilla the Gorilla @ThrillaRilla369]

The middle class is the most expensive place to live, and no one talks about it. Lower income households get assistance. The wealthy use tax strategies and loopholes. But the middle class pays full taxes, full tuition, full healthcare, full everything. So you work 50 hours a week just to stay in the same place and fund everyone’s life except yours.

[John Ezinga-lets roll @corncracker71]

@Croesus_BTC Excellent post!

[Sal the Agorist @SallyMayweather]

The best thing you can do for fallen soldiers on Memorial Day is to stop voting for politicians who make more of them.

[Saifedean Ammous @saifedean]

Fun fact of the day:

If you don't think inflation has been the biggest problem in the world over the last century, you have been miseducated by people who get paid by inflation.

[John Ezinga-lets roll @corncracker71]

@adamtaggart Cool pics..Eagle Falls Trailhead at Emerald Bay is awesome too

[Mike Alfred @mikealfred]

When there is a permanent solution to this minor flare-up in Iran, yields will plummet and stocks like OPEN will go up 2-3x, BTC is headed to $100,000, CIFR to $42, etc. The main people on X who are saying this can’t or won’t happen are completely broke financially/spiritually.

[John Ezinga-lets roll @corncracker71]

Rigged

[Documenting Saylor @saylordocs]

The max one can pay into social security per year is $10,453.20.

If you did that every year from age 18 until retirement, the max you’ll get from SS is $4,873 /month.

If you put it into an S&P index fund instead, you would receive $32,583 per month.

Social Security is a scam.