I realized some of you might've missed this @propublica.org story because you — understandably — have certain words or phrases muted. But y'all need to know what financial and bookkeeping shenanigans Trump 2.0 is looking to test, starting with HUD. Read the full story: propub.li/41IkxPH - ThreadSky

themorrancave.bsky.social • 51 days ago

I realized some of you might've missed this @propublica.org story because you — understandably — have certain words or phrases muted.

But y'all need to know what financial and bookkeeping shenanigans Trump 2.0 is looking to test, starting with HUD.

Read the full story: https://propub.li/41IkxPH

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Comments

ilbassfisherman.bsky.social•51 days ago

Sounds like another scam to add to the list. If it wasn't, Trump wouldn't be involved. Apparently, HUD has systems and processes in place that work. When I hear that blockchain will make it easy to track transactions my thought is easier for someone to shut the department down and stop payments.

thedo0dah62.bsky.social•51 days ago

Buffett said it’s invisible and a big no!!!!

flyingcorgi.bsky.social•51 days ago

Are these the same people insisting on the integrity of paper ballots??

peanut24.bsky.social•51 days ago

The ultimate purpose of which, of course, is to enrich Musk and Trump and their friends.

blumemamma.bsky.social•50 days ago

Right? Its a move to fill these greedy bastards’pockets.
Its always about the money

elimgarak240b.bsky.social•51 days ago

Holy fucking shit.

I don’t want to sound alarmist here, but someone should be sounding a very loud alarm right now.

Federal assets going into crypto Ponzi schemes would be the end of our fed government. One rug pull away from the treasury being zeroed out and Trump being the first 20-trillionaire

arewegreatyet1.bsky.social•51 days ago

This stinks of Lummis

eliomen.bsky.social•51 days ago

This is important. But screenshotting a story to bypass people's muted words list isn't okay.

geekeyegirl.bsky.social•50 days ago

Does no one remember 2008 when the banks crashed because they were playing with pretend money?

jwbsalevi.bsky.social•51 days ago

Guess they're hoping, as usual, that no one with actual power will notice or care before it's too late.

ghost-crab.bsky.social•51 days ago

The inevitable bailout of the crypto industry will be in dollars instead of more crypto, right? 😂

eveettinger.com•50 days ago

Oh my god

lizzieworldgirl.bsky.social•51 days ago

Serious question- if the US government doesn’t base its governance on the US dollar, what happens to the value, faith & credit of US currency? And how will that further impact the market?

freethinker65.bsky.social•51 days ago

Using taxpayer money intended for affordable/public housing for the disadvantaged to prop up crypto for the wealthiest. Seems legit.

danithinks.bsky.social•51 days ago

What better way to hide what you’re doing from a public that doesn’t know or understand what crypto is.

lddstyx.bsky.social•51 days ago

Crypto is as good as monopoly money unless someone is willing to buy it from you for real money

blueohm.bsky.social•51 days ago

I did read this article.

And just, NO.

I am NOT AT ALL interested in adding a speculative currency into our federal government’s workings, especially with the lack of transparency and oversight to at are already hallmarks of the Trump regime.

kristenbmorales.bsky.social•51 days ago

Thanks for sharing. This is insanity.

rippeysmom.bsky.social•51 days ago

This is terrifying. It’s a step closer to the book of revelations.

disinfofighter.bsky.social•51 days ago

It’s funny that Trump meme coin was issued on Solana which is a block chain that makes it hard to trace the transactions.

Never trust these people to implement crypto

dc-mitzvah-girl.bsky.social•51 days ago

This is f'ing nuts

pointyguitars.bsky.social•51 days ago

This isn't a scam in the way a lot of people are framing it to themselves. It's much worse. The goal here, just like in every other project with a silicon valley tech bro behind it, is deregulation and decentralization. They want currency privatized just like everything else.

rwr.bsky.social•51 days ago

Let’s be clear - the term “Trump 2.0” gives the Orange Felon & Sexual Abuser far too much credit for any of these decisions. He lacks the intelligence to understand or decide on any of this. He’s is strictly the tool of Stephen Miller, Russel Vought and the other Project 2025 authoritarian dim wits.

badlandslib.bsky.social•51 days ago

Oh HELL no!!!!!!

bizarreman.bsky.social•51 days ago

Why replace a “physical” currently that you control with a fictional currency that is controlled by an unknown entity?

wheresperry.bsky.social•51 days ago

That is the stupidest thing ever.

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