rfm

logicweaver | you're actually looking for @RFMFrance
| Ad astra per aspera 🚀

[rfm @rfm]

Been around a while..

[Miles Cranmer @MilesCranmer]

This is an insane paper and I love it

https://t.co/DP8OR5NJf2

[Handre @Handre]

Andrew Jackson destroyed the Second Bank of the United States in 1836, delivering the single greatest blow to financial tyranny in American history. You won't hear this story told correctly in any economics textbook, because it reveals how central banking works: as a government-sponsored cartel that redistributes wealth from productive citizens to politically connected bankers.

The Second Bank held a 20-year federal charter starting in 1816. It controlled the money supply, issued currency, and held government deposits. Sound familiar? Nicholas Biddle, the bank's president, wielded more economic power than any elected official. He could trigger financial panics at will by restricting credit. He bought newspapers and bribed congressmen. When Jackson opposed recharter in 1832, Biddle deliberately crashed the economy to punish him.

Jackson called it "a hydra of corruption" and he was right. The bank created artificial booms through credit expansion, then triggered busts when politically convenient. Biddle openly bragged about manipulating markets. Free market economists and Jackson both recognized the core insight: this was legalized counterfeiting with government backing, not free market banking.

The political establishment united against Jackson. Henry Clay, Daniel Webster, and the entire Whig Party defended the bank. Biddle spent millions buying influence. The press attacked Jackson as an economic ignoramus. Every "respectable" voice supported recharter. Jackson stood alone with the American people.

After Jackson killed the bank, the country experienced the strongest economic growth in its history. From 1837 to 1862, America operated without a central bank. Industry flourished. Wages rose. Innovation exploded. This wasn't coincidence. When you stop subsidizing financial speculation and let productive capital find its natural home, prosperity follows.

Central banks don't stabilize economies: they destabilize them for private gain.

[rfm @rfm]

you don't say 😒

[Eric Daugherty @EricLDaugh]

🚨 OMG. A MASSIVE India H-1B visa fraud ring has just been busted...nearly 90% PERCENT of India's visa applications contain FRAUDULENT INFORMATION

100,000 THOUSAND counterfeit certificates have been seized 🤯

"Law enforcement in India claim it has uncovered a network of universities that produce fake degrees which were possibly used to obtain these high skilled H1B visas, including one school which allegedly stole over 36,000 fake degrees. It cost as little as $1,400 for one of those."

"And while these are supposed to be high skilled employees during almost all of Biden's time in office, 83% got junior or entry level positions."

This is INSANE! SHUT DOWN THE H-1B SCAM!

@KenPaxtonTX is now going after this in Texas 🔥

@kayleighmcenany @SatAmericaFNC

[Steak 'n Shake @SteaknShake]

On our MAHA journey, we have introduced the following:

100% grass-fed, grass-finished beef ✅

100% beef tallow fries ✅

100% beef tallow tots ✅

Grade A Wisconsin butter ✅

A2 whole milk ✅

Cane-sugar Coca-Cola ✅

Elimination of all microwaves ✅

And we are working on changing our buns!

We are committed to becoming seed-oil free, because we are committed to making fast food the best it can be.

[Murray Rothbard @MurraySuggests]

The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began.

The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start.

Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have.

If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.

[Simon @_smcf]

Claude just disassembled x86 by hand from memory (hex to mnemonics) and obviously I told it to knock that shit off and use a disassembler, which it did, but not before dropping a "just so you know, I did get them all right."

[Derrick Evans @DerrickEvans4WV]

This is INSANE.

AIPAC controls 76% of the members of Congress, regardless of which party they belong to.

There’s def a uniparty, but it looks much different than I could have ever imagined.

I NEVER looked or paid attention to any of this until they took out Thomas Massie.

[ThiagoCortes101 @IamThiagoCortes]

Why are banks handing out 30 year mortgages to temporary migrant workers?

[rfm @rfm]

I'M NOT CRYING, WHY DO YOU ASK

[Big Popz @BigPopz72]

Imagine watching your child hear your voice for the very first time.

Watching these little ones getting their hearing aids and experiencing not only the sound of mom and dad, but feeling the love in their voices is amazing..

Their little faces tell the story 😍

[Charlie @LAChas77]

Before electricity and air conditioning, our ancestors knew how to keep cool during the dog days of Summer.

A🧵 .... 1) Sleeping Porches

[Patrick Webb @Patrickwebb]

List of Republicans who voted in favor of sending your tax dollars to Ukraine:

1. Don Bacon (R-NE)
2. Rob Bresnahan (R-PA)
3. Mike Carey (R-OH)
4. Brian Fitzpatrick (R-PA)
5. Andrew Garbarino (R-NY)
6. Carlos Gimenez (R-FL)
7. Jeff Hurd (R-CO)
8. Dave Joyce (R-OH)
9. Jen Kiggans (R-VA)
10. Nick LaLota (R-NY)
11. Mike Lawler (R-NY)
12. Michael McCaul (R-TX)
13. Max Miller (R-OH)
14. Dan Newhouse (R-WA)
15. Glenn Thompson (R-PA)
16. Mike Turner (R-OH)
17. Joe Wilson (R-SC)
18. Kevin Kiley (I-CA)

[Emerald Apple @AI_EmeraldApple]

Amazon cancelled the new Stargate show.

The rumor is that the show writer, Martin Gero, would not budge on compromising lore or elements within the show for a "wider modern audience" as they did with Rings of Power for LoTR lore.

Martin Gero wanted to create a show that maintained continuity in the story and lore of the old shows, including the mythology and tech, while respecting the 17 seasons of history.

Amazon instead wanted something new for the "modern audience" that's more accessible, reimagined, with more modern casual sensibilities.

Because the showrunners wanted to maintain integrity rather than turn Stargate into another "modern audience slop" like Rings of Power, Amazon leadership canceled it. The franchise heavyweight, like Joseph Mallozzi, was very excited for the fresh stories Gero worked on. Amazon says they are still open to Stargate, just not "this" version... yes they wanted to Rings of Powerify Stargate.

We really can't hate these people enough.

[Steak 'n Shake @SteaknShake]

News Alert: Steak n Shake's domestic same-store sales increased by over 12% in May, outpacing ALL other fast-food chains!

Thank you, Bitcoiners!
Thank you, MAHA!

We will keep reinvesting in food quality to make Steak n Shake the great differentiator in the fast-food industry!

Where else can you get 100% grass-fed, grass-finished Steakburgers with 100% beef tallow fries and a Patriot shake—paid with Bitcoin?!

Thank you for boosting our SBR🧡

[Derrick Evans @DerrickEvans4WV]

Why should American taxpayers pay $250 million to provide free radio in Europe?

Someone please try to defend this nonsense. Give me one good reason why we should be doing this.

[Peter Clack @PeterDClack]

Any return to ice age conditions could trigger a crisis unmatched in all human history.

Earth is still technically in an ice age and average global temperatures of around 15°C degrees are still much lower than the long-term global average of 16°C to 18°C A global warming scare has been running for 40 years, yet 10% of the world's total land area is still covered by glacial ice.

From a human perspective, the combined land area of every town and city on earth is still only 3% of the total.

Ice covers an area of 15 million square kilometers (5.8 million square miles), roughly a third of its full extent during the peak of the Last Glacial Maximum (26,000 to 19,000 years ago). This was the most recent time in Earth's history when global ice sheets were at their greatest extent.

The Antarctic ice sheet is still the largest and thickest ice formation on Earth by far, reaching up to 4.8 kilometres (about 3 miles) in depth. It holds 90% of the world's ice by volume & accounts for around 85% of total global glacial ice cover. Antarctica spans roughly 14 million square kilometers (5.4 million square miles) and covers about 8.3% of the total land surface.

Land area is only 28% of earth's surface. The oceans cover 72% to an average depth of 2.3 miles, forests cover 31% and deserts 33%. The oceans contain 86% of the global carbon reservoir and 91% of all retained heat energy; by contrast, the atmosphere holds a mere 1 to 2% of each.

The past 40 years has featured a global warming campaign raising fears of an impending climate crisis, chiefly based on forecasts of soaring temperatures and a global climate crisis. However, the fact remains that the Earth is still technically in an ice age, with ice cover at both poles all year round. We still live in the Quaternary Glaciation, which has lasted 2.58 million years.

The Quaternary Glaciation is a more severely cold extension of the Late Cenozoic Ice Age, which has lasted for 34 million years, since the time of the original glaciation of Antarctica. The chief causes were due to orbital anomalies (the Milankovitch cycles), the isolation of the Antarctic continent when Australia and South America shifted northward, as part of global tectonic changes.

The last great ice age that was similar to today was the Karoo Ice Age (also known as the Late Paleozoic Icehouse), spanning approximately 360 to 260 million years. This is one of the five major ice ages in Earth's history.

All modern human societies and every meaningful invention has occurred during the current Holocene warm interglacial period, beginning 11,700 years ago. The previous warm interglacial was the Eemian (130,000 to 115,000 years ago). Temperatures in the Eemian were also 2°C warmer than today and African megafauna and crocodiles lived in the Thames valley.

The generally accepted average extent of ice age interglacials is around 15,000 years.

So perhaps we should be considering our next move if the next glaciation comes early.

[Handre @Handre]

The 1920-21 depression was the sharpest economic contraction in American history, yet you've probably never heard of it. Industrial production collapsed 32%. Unemployment spiked from 4% to 12% in twelve months. By every measure, this downturn dwarfed the initial shock of 1929.

President Warren Harding faced enormous pressure to "do something." Labor leaders demanded public works programs. Businessmen begged for bailouts and trade protection. Treasury Secretary Andrew Mellon advised Harding to slash government spending and let wages fall. Commerce Secretary Herbert Hoover (yes, that Hoover) pushed for massive federal intervention.

Harding chose Mellon. The federal budget dropped from $6.4 billion to $3.2 billion in two years. No stimulus packages. No bailouts. No alphabet soup of new agencies. Government employment fell 40%. When you let markets clear, they clear fast.

The recovery started in July 1921. By 1923, unemployment had dropped to 2.4% and industrial production reached new highs. The entire episode lasted eighteen months from peak to full recovery. Compare that to Japan's lost decade of intervention, or the European debt crisis that dragged on for years, or our own jobless recovery after 2008.

Most economics textbooks omit this episode because liquidating malinvestments and allowing price adjustments works exactly as free market theory predicts: a fact that destroys the Keynesian narrative that government must spend its way out of recessions. Politicians today claim they learned the lessons of the 1930s, but they studiously ignore the more important lesson of 1921.

[rfm @rfm]

Until there are enforcement consequences (of the incarceration variety) for EVERYONE involved, I won't believe this is anything but bread-and-circus grandstanding

[Fox News @FoxNews]

BREAKING: The Trump administration is putting every state on notice in a massive crackdown on Medicaid fraud.

FTC Chairman Andrew Ferguson just announced that Hawaii has been officially decertified for failing to enforce the law and address the fraud problem plaguing the state.

"Everyone is on notice. And today, Hawaii is being decertified for its abject failure to enforce state and federal law to prohibit fraud."

[Roman Helmet Guy @romanhelmetguy]

There are half a dozen times in Roman & Byzantine history when the rich take over all the land and either bring in slaves or turn the poor into serfs, until everyone gets so pissed off that a military dictatorship pops up and redistributes the land to the soldiers.

[cutoffs.io @cutoffs_io]

🏛️🇺🇸 Deloitte, a multi-billion dollar U.S. government contractor, cut over 1,000 American jobs while getting 2,300 H-1B approvals.

U.S. Senators asked the government contractor to explain its job cuts and foreign hiring.

$CUTOFFS