Here's my rant of the day. If boomers who made fortunes discovering/creating something novel had to do it in an environment with social media, chinese IP theft, cybercrime and tech monopolies... they would all be broke
🚨 The banking cartel is in full panic mode. 🚨
While Americans were celebrating Mother’s Day with their families, the CEO of the American Bankers Association sent a frantic alert to every bank CEO in the country, demanding “immediate engagement” to lobby Senators and kill stablecoins that would finally let everyday Americans earn real yields on their own money.
This line in the letter sticks out: “we believe committee members may not be fully aware of the risks to the economy by the stablecoin loophole.” That’s both intellectually dishonest and simultaneously demeaning. First, there is no “loophole.” This entire issue was litigated during the GENIUS Act debate. @BillHagertyTN worked tirelessly on this issue and this statement is an insult to his and others work.
For decades, these banks have treated your deposits like their personal piggy bank, paying you next to nothing while lending YOUR money out for massive profits and executive bonuses.
During the Biden era, these same banks worked hand-in-glove with @SenWarren and her allies to debank Americans, including President Trump’s own family. They shut down accounts of conservatives, patriots, and anyone who dared challenge the regime, all while regulators applied pressure under schemes like Operation Choke Point 2.0. It wasn’t about risk. It was about political control.
Now that innovative stablecoins threaten to break their monopoly and give you actual financial freedom? They’re running to Congress again, screaming about “threats to economic growth and financial stability.”
Translation: Protect the racket at all costs.
The Senate Banking Committee votes on landmark crypto legislation this Thursday.
As a member of that committee, my message is clear:
Hands off the people’s money. Let Americans choose real competition and better returns. No more shielding Wall Street from the future. The banking elite’s days of rigging the system and debanking their political enemies are over. Innovation, freedom, and the American people will win.
I’m voting to break the cartel.
@Liathetrader@RaySwayCX@TimurNegru ClinicX in Zúrich, catalyst clinic, Swiss mountain clinic… plenty. You want THC infused you’re not going to find outside of Spain, NL and Germany as far as I know. CBD is everywhere now in the EU and CH
@BiankaB12 I second that… Europe private health market is top notch. Germany, Italy, Spain and Switzerland I’ve only had good experiences. As a native English speaker I’ve learned you need to navigate sites in home country language to really find the best providers
Spencer Pratt UNLEASHES on CBS exposing how the corporate media rigs the game.
“After CBS embarrassed Karen Bass by fact-checking her debate lies about the Palisades fire, they clearly got the call.
CBS filmed with me on my burnt-out lot for over an hour talking about crime, housing, affordability, things that voters care about, and they turned it over to Karen Bass's PR team to edit it into a comical five-minute hit piece with clips from The Hills.
They can't beat my ideas, they can't beat me in the debates, so they got to try to turn my campaign into a sideshow.
People are done with these sleazy political tricks, and I'm done with CBS. They should release the full unedited interview. The voters deserve to hear from their next mayor.”
@MichaelAArouet This is the dumbest comparison. In N Out Burger is famously known for being one of if not the most high paying fast food chains in the US by a long mile. Stop with the clickbait selective data.
I was born and raised in LA. Most of my friends and family were affected by the fires. Everything Pratt is saying makes a lot of sense to a lot of people. The LA political machine is a brick wall, but at this point a rotting corpse would make better decisions than Bass or Raman. God speed.
Very good explanation. The cadastral mathematics of buildable/non-buildable land rustico vs urban needs to be totally overhauled and you will have a huge construction boom.
Southern Europe is fighting the wrong enemy.
I was born in Portugal. I've spent 5 years helping cities around the world attract remote workers.
I watch the same fight play out in every destination.
Airbnb. Hotels. Tourists.
Everyone gets blamed.
Except the real villain: the bureaucracy.
Last summer, 15+ cities coordinated protests on the same day. Barcelona. Lisbon. Venice. Mallorca. Ibiza. Palma. Granada. Water pistols.
Signs. "Your holidays, my misery."
The numbers are real:
Spain got 94M tourists for 48M residents in 2024
Tourism = 12% of Spanish GDP
Barcelona will end all short-term rentals by 2028
Spain ordered Airbnb to remove 66,000 listings
Lisbon locals commute from the suburbs while historic buildings become hotels.
Here is what nobody wants to say:
Even if every Airbnb disappears tomorrow, the housing crisis doesn't end.
The problem is not who rents the houses.
The problem is that nobody builds new ones.
Lisbon takes minimum 18 months to issue a building permit. Barcelona more. Demand tripled in a decade. Supply is frozen.
The math doesn't work. And it never will.
Until someone has the courage to say it.
Southern Europe made tourism the villain because tourism is visible.
Water guns are visible. Bureaucracy is not. "Tourist go home" fits on a sign. "Fix the gov permits" doesn't.
The protesters are right. Something is broken.
They are just fighting the only part of the system that works.
Tourism is the only industry Southern Europe has grown consistently for 40 years.
Not tech. Not manufacturing. Not agriculture. Just tourism.
Kill tourism and you don't get affordable housing back.
You get empty cafes. Closed hotels. Unemployment.
And the same bureaucrats still taking 18 months to sign a permit.
The real fight is not tourists vs residents.
It's citizens vs 40 years of bureaucracy.
But nobody marches against the city hall.
@txgermanbre German boomers all put their money in real estate. Varies by Bundeslander but in the years i was there it was common to meet someone who's parents were retired teachers sitting on multiple rental units.
Americans: we are financially better off than you
Europeans: thank you for your email, I'm currently out of office on annual summer vacation until 30th sept, 2026
This isn't the end of NATO or the U.S. presence in Europe. The Pentagon is pulling ~5,000 troops (centered on elements of the highly rotational 2nd Cavalry Regiment) from Germany over the next 6–12 months as a political signal after the Merz spat. It largely aligns with 2CR's normal high-tempo PCS rotations that already happen every summer. Bigger permanent shifts (e.g., the 2020 proposals to move 12k+ to Belgium or the Black Sea region) proved expensive, logistically messy, and required congressional buy-in and funding that never fully materialized. A full return to the U.S. would simply transfer the basing costs from German subsidies to American taxpayers—no free lunch either way. Germany still hosts over 30,000 U.S. troops.
This is performative rhetoric on behalf of the administration. It sucks, but that is what it is.
The US is withdrawing 5,000 troops from Germany. So what should Berlin do now? Close the bases. Trump ordered the pullout after Merz told the truth about the Iran war, and a Pentagon official called  the German remarks “inappropriate and unhelpful.” Berlin has the legal right under the 2+4 Treaty to cancel the US deployment agreement , and with Ramstein coordinating drone strikes on Iranian civilians from German soil without German consent, the moral case has never been cleaner. Spain already did it. Madrid blocked US base access for Iran operations and is still standing.  A relationship where you host the army, pay the bills, and get punished for asking questions is not an alliance.
Gandalv / @Microinteracti1
@_realghost_@txgermanbre 1000% its highly subsidized by Germany to the tune of billions of dollars. Moving event 10k soldiers back to the states would cost a lot more direct to the US taxpayer
@txgermanbre Not to mention 5k is probably on par with normal rotation and its currently PCS season as evident by all of the nice apartments being advertised in english in the areas around Patch barracks.