Microsoft is bragging about cutting thousands of jobs thanks to AI.
At the same time, the federal government gave them $1.5 BILLION in "research and development" tax credits.
We are literally subsidizing our own layoffs.
This is what the rigged tax code looks like in practice.
Republican New Hampshire Senate candidate John Sununu says he supports a work requirement for seniors on Medicare:
"I certainly support a work requirement for able-bodied Medicare recipients."
Luca Guadagnino’s ARTIFICIAL. It's coming.
Starring Andrew Garfield, Yura Borisov, Monica Barbaro, Ike Barinholtz, Cooper Hoffman, Jason Schwartzman, and Mark Rylance. In select theaters Christmas Day.
Your parents have worked their entire life, they paid into social security their entire life, their children “US” paid into social security out entire life. The politicians stole that money, now they want our parents to get back into the workforce. I got an idea, how about 1776?
I figured out what they are doing with the dollar. They are swapping it. Push the old one out, pull a new one in, and the new one hurts Americans and pays the elite every time it moves.
Here is how it works:
Step 1: Weaken the physical dollar abroad through Tariffs, Trade wars. Create so much friction that countries stop using the dollar in trade. They move to local currencies, gold, other systems. The dollar index drops 12.6 percent in one year. Steepest decline in thirty years. BRICS accelerates away from dollar reserves.
That part looks like incompetence but if there is one thing Scott Bessent is not, it's incompetent.
Step 2: Ban the government from making a digital dollar. Trump issued an Executive order in January 2025. No federal agency is allowed to build one, so the public option...the competition to a private one, is dead.
Step 3: Pass the GENIUS Act. The law that creates a legal framework for private companies to issue digital dollars instead. And here is the key, the law requires every stablecoin issuer to hold reserves in short-term US Treasury bills. Lutnick and Bo Hines wrote the GENIUS Act to benefit Tether.
Fun fact: Howard Lutnick's Canto Fitzgerald owns 5% of Tether and Bo Hines left shortly after the GENIUS Act was signed to be CEO of 21st Century, Canto Fitzgerald's crypto arm that Tether now owns.
That means every digital dollar that gets minted automatically creates one dollar of mandatory demand for government debt. Unlike normal investors, stablecoin issuers are price-inelastic, they buy Treasuries regardless of yield because the law says they have to. Brookings projects $2.3 trillion in captive Treasury demand by 2030.
So you push the physical dollar out and countries stop buying Treasuries. Then you pull it back in through private digital dollars that are legally required to buy Treasuries instead.
Different dollar with the same control. Except now it is not a public system, it is a private one, and the private company at the center of it takes a cut on every dollar that moves. The private company is also incorporated in the BVI's so no regulator has jurisdiction.
That company is Tether. $183 billion in dollars running through it, $13 billion in profit last year. It has never passed an audit. Co-founded by Jeffrey Epstein's crypto advisor. Reserves custodied by the Lutnick's family firm. Protected by a law that was championed from inside the White House by a man who quit one month after it passed and became the company's CEO.
Scott Bessent said that stablecoin firms could buy up to $1 trillion in government debt. The European Central Bank warned this "effectively outsources parts of the national debt to the crypto sector."
So in turn, our dollar gets weaker, our groceries cost more, our 401k buys less, and every time that happens, demand for the private digital dollar goes up. They get richer and we absorb the cost.
That is the trade, and the people who set it up are the ones collecting on both sides.
Full investigation is on my Substack. Link in bio.
Part 1: The New US Dollar: The One That Epstein Built. Let’s look at the most corrupt company trying to be our new US currency. For those who prefer video format, here you are!
Former BlackRock fund manager Ed Dowd on the "dead real estate market" perpetuated by boomers who won't sell houses to millennials who can't afford them
"[there's] a demographic problem... in the U.S.... home prices are 30% too high. So we have an affordability problem"
"We have most of the boomers sitting on the real estate, and as they die off or sell off some of their secondary properties, they need to sell them to the millennials, but the millennials can't afford [them]"
"So in the U.S., we have this bizarre dead real estate market where we have this phenomenon we haven't seen... well, I think, ever, where homes for sale versus homes sold is at a gap the likes of which we've never seen"
"And that's been there since last year—it's only getting worse. So the markets are frozen and eventually, you know, frozen markets do move, but they move slowly"
"and what we're seeing in the U.S. is we're seeing home prices decline in the red states along the southern border; the sanctuary cities are still holding up, but, you know, if the AI bubble pops, that's going to cause some of these boomers to put their second and third homes on the market, and then that that'll just, you know, continue the cycle of home prices rolling over"
"But someone like you [a millennial who's] waiting, you're going to have an opportunity. You're going to have an opportunity to buy at a discount, and you'll be fine. And... people get bummed out about lower home prices, but... for every loser there's a winner, and... I'd rather see younger millennials that are starting families be able to afford a home than a boomer sitting on his three properties not spending any money because he's retired"
@new_era_finance@DowdEdward
The scary part of this economy isn't that people are struggling.
It's how normal the struggle has become.
Living with your parents at 30? Normal.
Working two jobs? Normal.
Putting off buying a home? Normal.
Using credit cards to cover groceries? Normal.
Never having enough left after payday? Normal.
When financial stress becomes ordinary, people stop asking why it's happening.
They just learn to live with it.
Clip from a documentary about the Evangelicals who send Israel $129,000,000 annually. It was almost shown on PBS but lobbyists got it banned from the air. In this clip, they make Christian kids bring in their piggy banks to empty the change to donate to Israel.
https://t.co/FLl0edi5ea
This kid died because getting sexually assaulted by an officer scared him.
The officer wasn’t allowed to continue to sexually assault him so he shot him instead.
This actually perfectly explains how ridiculous "evolution theory" is. We had perfect DNA, science already has proven we ALL came from same 1st 2 people. Larger, smarter, healthier, lived longer. We as a species are devolving just like apparently Ai already is lol.