as usual, with the toddler in chief hard to know what this means
it could mean that they are just counting up all the bitcoin they have (eg seized in crimminal cases) and putting in a single ledger they call the strategic reserve ?
So... I always thought the argument for cancelling student debt via EO was that a) since it's a government loan he absolutely can and b) even if the courts fight against it, it would rally the base and prompt Congress to act.
It's not an effective bailout unless they can actually spend taxpayer dollars on it. Moving seized crypto from one safe to another won't affect the price enough.
It's going to be the single most effective method of funneling taxpayer money out of the government and into the pockets of the wealthy ass-kissers... er, neuvo oligarchs.
Maybe, if you all can get out from under this mess, it will finally be the motivating factor to tax your billionaires and stop all this wealth inequality nonsense!
i really thought it would happen after the 2008/9 bank collapse...
I _DO_ hope so, but I'm afraid that the 2008/9 bank collapse just made a map for raiding the Treasury and here we are.
If Obama & the Dems couldn't get their shit together enough so We the People didn't have to GIVE money to the freakin' *Banks*, I have little hope the R's or future D's will.
Who's going to stop him? I have never been more adrift from the faith I used to have in the goodness of my fellow Americans. I openly expressed my belief that I would not survive a second FOTUS term. I'm a 60-year-old chick who's been a T1 diabetic since mid-1976, an NSTEMI 🩷 attack.
Have you seen what this "strategic reserve" actually is, tho? They're just printing up a sign and taping it to the cryptocurrency the feds have already seized in civil forfeiture.
Comments
But who’s gonna stop him?
What do you think the tariff slush-fund was meant for?
it could mean that they are just counting up all the bitcoin they have (eg seized in crimminal cases) and putting in a single ledger they call the strategic reserve ?
hard to say
Once again - say it with me - ALL OF THIS SHIT IS ILLEGAL!
This is the Golden Ticket to transfer the Treasury to Oligarchs in exchange for worthless shitcoins.
The biggest money laundering scheme in history, and we will be stuck with the bill.
i really thought it would happen after the 2008/9 bank collapse...
If Obama & the Dems couldn't get their shit together enough so We the People didn't have to GIVE money to the freakin' *Banks*, I have little hope the R's or future D's will.
No money shall be drawn from the Treasury, but in consequence of appropriations made by law. ~ U.S. Const. Art. I, sec. 9, cl. 7.
I wish anyone, especially those that stayed home because "bOtH SiDeS aRe ThE sAmE", understood that.
This is a SCAM - THEFT
@schumer.senate.gov
@hakeem-jeffries.bsky.social
@wyden.senate.gov
@cantwell.senate.gov
@bennet.senate.gov
@whitehouse.senate.gov
@smith.senate.gov
@warnock.senate.gov
@murray.senate.gov
@warren.senate.gov
@sanders.senate.gov
@aoc.bsky.social