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Recent
Shortening debt issuance is the functional equivalent to QE, and QE is unambiguously a yield curve steepener (but ambiguously bond bearish).
This seems counterintuitive (there is less long-term debt?) but respect (1) Say's law and (2) it might increase the primary deficit.
1/
This seems counterintuitive (there is less long-term debt?) but respect (1) Say's law and (2) it might increase the primary deficit.
1/
2/ First up I don't consider shortening debt issuance to be a concern. The US government doesn't have refinancing risk like a corp does, so it's purely a choice on the economics. Fade the doomers.
The risk lies in the fiscal deficit.
The risk lies in the fiscal deficit.
3/ For Trump this is just the common-sense decision. Why pay more for debt if we don't need to? Fair enough.
Where the overheating risk lies is that the savings on interest cost are likely to just find their way in a bigger primary deficit.
Primary deficits stick.
Where the overheating risk lies is that the savings on interest cost are likely to just find their way in a bigger primary deficit.
Primary deficits stick.
Roger Froikin @rlefraim wrote, "NOW SOME DEMOCRAT POLITICIANS ARE CALLING FOR MASS STRIKES, VIOLENCE, ANYTHING TO STOP TRUMP.
1)
1)
BUT IF YOU ASK THEM FOR A CONCRETE EXAMPLE OF WHAT TRUMP HAS DONE THAT THEY HATE - WITH EVIDENCE, THEY NEVER SEEM TO BE ABLE TO FIND AN ANSWER.
Political discourse used to mean each side coming with ideas, with evidence, and coming to some sort of conclusion.
2)
Political discourse used to mean each side coming with ideas, with evidence, and coming to some sort of conclusion.
2)
Not with these people.
They just hate Trump. Rational discussion is impossible.
It is a lot like antisemitism. Those that hate Jews never seem to be able to answer why with any real evidence.
And by the way, Christians, think of your beliefs.
3)
They just hate Trump. Rational discussion is impossible.
It is a lot like antisemitism. Those that hate Jews never seem to be able to answer why with any real evidence.
And by the way, Christians, think of your beliefs.
3)
Fox News on AFL’s complaint against the Dodgers:
“A federal civil rights complaint has been filed with the U.S. Equal Employment Opportunity Commission against the Los Angeles Dodgers… for allegedly engaging in ‘unlawful discrimination.’
“A federal civil rights complaint has been filed with the U.S. Equal Employment Opportunity Commission against the Los Angeles Dodgers… for allegedly engaging in ‘unlawful discrimination.’
“The complaint was filed by America First Legal, the nonprofit conservative public interest organization, against both entities, which are led by Mark Walter, the majority owner of the Dodgers and CEO of Guggenheim Partners.”
“‘Their employment practices, as described below, appear to discriminate against employees, or prospective employees, solely because of their skin color or sex. This is patently unlawful,’ AFL’s complaint, which was provided to Fox News Digital, began.”
🧵1/Ω
i found a pretty fascinating trove of documents that detail one man's long and arduous 𝘬𝘢𝘮𝘱𝘧 to force #Tether to seize ~$3 million USDT that he lost to an address poisoning scam a few years back.
i found a pretty fascinating trove of documents that detail one man's long and arduous 𝘬𝘢𝘮𝘱𝘧 to force #Tether to seize ~$3 million USDT that he lost to an address poisoning scam a few years back.
🧵2/Ω
Asif Ayub Patel was innocently attempting to purchase $3 million worth of gold bars from Northern Lights, a precious metals dealer based in Hong Kong that prefers to be paid in Tether, as any freedom loving Dubai resident is wont to do.
TTNRRr9jJ4sKAYExY9UryfxApFXJH2t2SJ
Asif Ayub Patel was innocently attempting to purchase $3 million worth of gold bars from Northern Lights, a precious metals dealer based in Hong Kong that prefers to be paid in Tether, as any freedom loving Dubai resident is wont to do.
TTNRRr9jJ4sKAYExY9UryfxApFXJH2t2SJ
🧵3/Ω
Unfortunately he was careless & got pwned by an address poisoning attack: scammer sends you some crypto from an address that starts/ends w/the same characters as the address you are trying to transact with and hopes you copy/paste from recent txns w/out checking.
Unfortunately he was careless & got pwned by an address poisoning attack: scammer sends you some crypto from an address that starts/ends w/the same characters as the address you are trying to transact with and hopes you copy/paste from recent txns w/out checking.
10 Shocking Stories the Media Buried Today
#10 - New pre-print study finds 43% INCREASE in fetal loss when vaccinated early in pregnancy for COVID.
Expected baseline: 9 fetal losses per 100 pregnancies.
Observed result: 13 fetal losses per 100 pregnancies.
That means that 3.85 ADDITIONAL unborn babies resulted in stillbirth or miscarriage than what was expected.
Study co-author @joshg99 confirmed the results to @Johnincarlisle:
“There are about four (3.85) additional fetal losses per 100 pregnancies for women who vaccinated with a COVID vaccine for the first dose from weeks 8 to 13.”
What’s even more alarming is @joshg99 warns the stillborn or miscarriage risk could even HIGHER when accounting for healthy vaccine bias.
He explains: “If the women vaccinated early for Covid are similar to the women vaccinated for influenza ... then that means that it’s not 3.85 or 4 additional. It’s almost 9 additional fetal losses.”
This is a catastrophic and downright criminal result.
LINK TO PAPER HERE: medrxiv.org/content/10.110…
*SEE THE NEXT 9 STORIES BELOW*
#10 - New pre-print study finds 43% INCREASE in fetal loss when vaccinated early in pregnancy for COVID.
Expected baseline: 9 fetal losses per 100 pregnancies.
Observed result: 13 fetal losses per 100 pregnancies.
That means that 3.85 ADDITIONAL unborn babies resulted in stillbirth or miscarriage than what was expected.
Study co-author @joshg99 confirmed the results to @Johnincarlisle:
“There are about four (3.85) additional fetal losses per 100 pregnancies for women who vaccinated with a COVID vaccine for the first dose from weeks 8 to 13.”
What’s even more alarming is @joshg99 warns the stillborn or miscarriage risk could even HIGHER when accounting for healthy vaccine bias.
He explains: “If the women vaccinated early for Covid are similar to the women vaccinated for influenza ... then that means that it’s not 3.85 or 4 additional. It’s almost 9 additional fetal losses.”
This is a catastrophic and downright criminal result.
LINK TO PAPER HERE: medrxiv.org/content/10.110…
*SEE THE NEXT 9 STORIES BELOW*
#9 - RFK Jr. tells Tucker Carlson the CDC buried its own internal study showing a 1135% INCREASE in autism risk from hepatitis B vaccination.
The researchers were alarmed and shocked by the results before deciding to cover it up.
How did they do it?
“They got rid of all the older children essentially and just had younger children who are too young to be diagnosed [with autism],” Kennedy explained.
Imagine discovering evidence of catastrophic harm and making sure no one ever found out.
Evil.
The researchers were alarmed and shocked by the results before deciding to cover it up.
How did they do it?
“They got rid of all the older children essentially and just had younger children who are too young to be diagnosed [with autism],” Kennedy explained.
Imagine discovering evidence of catastrophic harm and making sure no one ever found out.
Evil.
#8 – @charliekirk11 exposes Zohran Mamdani as the ultimate fake populist and leftist fraud.
He writes:
“Zohran Mamdani has an Ivy [League] professor dad and a famous director mom. He knows how to eat with utensils. But he chooses to eat rice with his bare hands to signal that he is from the Third World and isn't Western. It's a calculated stunt, just like him constantly changing his accent. Honestly, that's a lot worse and more disturbing than if he just authentically ate that way. One is backwards. The other shows his contempt for our culture.”
He writes:
“Zohran Mamdani has an Ivy [League] professor dad and a famous director mom. He knows how to eat with utensils. But he chooses to eat rice with his bare hands to signal that he is from the Third World and isn't Western. It's a calculated stunt, just like him constantly changing his accent. Honestly, that's a lot worse and more disturbing than if he just authentically ate that way. One is backwards. The other shows his contempt for our culture.”
The last ten years of cultural theory that everyone likes to moan about was all basically exactly correct about what the present moment would look like
“It’s neo-patriarchal white supremacists nostalgic about traditional cultural forms. They are going to take over and exclude bodies from spaces. And it will be fatphobic too.”
Both sides should admit they were right about each other. It really is incel fascism vs LGBTQAI+ neo-communists
Today's most important Ethereum News, in 2 minutes or less 👇
🛖 Ethereum House, Builder Studio in SF Announced
💎 SharpLink Buys More $ETH
🎁 Aligned Releases its Products Suite
+ Much More Below! 🧵
🛖 Ethereum House, Builder Studio in SF Announced
💎 SharpLink Buys More $ETH
🎁 Aligned Releases its Products Suite
+ Much More Below! 🧵
1/ 🗣️ Take of the Day
From @iamDCinvestor:
From @iamDCinvestor:
2/ 🧱 Layer 1
The @ethereumhouseSF announced: A builder studio to bring in new creators and push the app layer forward. Co-led by @ergokhaner and @_mia_56_
The @ethereumhouseSF announced: A builder studio to bring in new creators and push the app layer forward. Co-led by @ergokhaner and @_mia_56_
🚨🇺🇸 MASSIVE FEDERAL SPENDING THREAD: WHAT’S IN THE NEW BILL?
Let’s break down the biggest buckets in the “One Big Beautiful Bill,” from rockets to border walls, tax cuts to poultry insurance.
Buckle up. It’s a ride. 🧵
Let’s break down the biggest buckets in the “One Big Beautiful Bill,” from rockets to border walls, tax cuts to poultry insurance.
Buckle up. It’s a ride. 🧵
1. MOON TO MARS PROGRAM - $9.995 BILLION
Congress just greenlit nearly $10B for NASA's Moon-to-Mars push.
- $700M for a Mars Telecomm Orbiter to bring back Martian core samples
- $2.6B to build the Gateway lunar space station
- $4.1B for Artemis IV and V Space Launch System rockets
- $1.25B to keep the ISS alive past 2030
- $1B to fix NASA centers and beat China to the Moon
Pg. 158
Congress just greenlit nearly $10B for NASA's Moon-to-Mars push.
- $700M for a Mars Telecomm Orbiter to bring back Martian core samples
- $2.6B to build the Gateway lunar space station
- $4.1B for Artemis IV and V Space Launch System rockets
- $1.25B to keep the ISS alive past 2030
- $1B to fix NASA centers and beat China to the Moon
Pg. 158
2. DEFENSE FUNDING - $157 BILLION+
Major military modernization across all domains:
- $29B for shipbuilding (hello autonomous warships)
- $25B for a missile defense system called Golden Dome
- $25B to bulk up U.S. munitions and critical minerals
- $16B to scale up new battlefield tech and AI
- $15B for nuclear modernization
- $12B for Pacific military ops
- $1B for Trump’s border force at DoD
Pg. 100+
Major military modernization across all domains:
- $29B for shipbuilding (hello autonomous warships)
- $25B for a missile defense system called Golden Dome
- $25B to bulk up U.S. munitions and critical minerals
- $16B to scale up new battlefield tech and AI
- $15B for nuclear modernization
- $12B for Pacific military ops
- $1B for Trump’s border force at DoD
Pg. 100+
🚨BREAKING: Will "Lia" Thomas stripped of NCAA title.
Under a new agreement with the Trump administration, UPenn will remove all titles, records, and honors the 6'1" biological male swimmer won in women’s sports.
And it’s just the beginning. 🧵
Under a new agreement with the Trump administration, UPenn will remove all titles, records, and honors the 6'1" biological male swimmer won in women’s sports.
And it’s just the beginning. 🧵
2/ 🔥 UPenn agreed to:
• Remove Will “Lia” Thomas’s 2022 women’s championship
• Apologize in writing to every female athlete forced to compete against him
• Ban male athletes from women’s teams, bathrooms, and locker rooms
• Comply fully with Title IX
Finally.
• Remove Will “Lia” Thomas’s 2022 women’s championship
• Apologize in writing to every female athlete forced to compete against him
• Ban male athletes from women’s teams, bathrooms, and locker rooms
• Comply fully with Title IX
Finally.
3/ 💰 Why did UPenn cave?
Trump suspended $175M in federal funding — and warned hundreds of millions more would follow unless they complied.
This was a Title IX action. Democrats tried to make Title IX all about men pretending to be women. Trump is enforcing it FOR women.
Trump suspended $175M in federal funding — and warned hundreds of millions more would follow unless they complied.
This was a Title IX action. Democrats tried to make Title IX all about men pretending to be women. Trump is enforcing it FOR women.
Loyalty for Sale: Azad Kashmir’s Party-Hopping Olympics
In AJK, loyalty is not a virtue—it’s a liability.
Principles are heavy baggage; the region’s politicians prefer to travel light.
As election winds blow or a new prime minister is crowned in Islamabad,
In AJK, loyalty is not a virtue—it’s a liability.
Principles are heavy baggage; the region’s politicians prefer to travel light.
As election winds blow or a new prime minister is crowned in Islamabad,
a miraculous transformation takes place. The same politician who yesterday swore by ideology, qasams, and qasids suddenly develops “serious reservations” with their old party. In a touching midnight ceremony, they declare undying love for a completely opposite party.
It’s not betrayal—it’s “political evolution.
They don’t just change parties; they transcend ideology. Today with Nawaz, tomorrow with Imran, day after with Bhutto— And on Friday? All three sit together in a coalition government in Muzaffarabad, smiling like nothing ever happened.
They don’t just change parties; they transcend ideology. Today with Nawaz, tomorrow with Imran, day after with Bhutto— And on Friday? All three sit together in a coalition government in Muzaffarabad, smiling like nothing ever happened.
🧵 1/
@UKLabour didn’t just fail the EHRC’s antisemitism probe, it became the first party found guilty of unlawful discrimination against Jews. They promised change. They lied. Here are just a few of the receipts.
@UKLabour didn’t just fail the EHRC’s antisemitism probe, it became the first party found guilty of unlawful discrimination against Jews. They promised change. They lied. Here are just a few of the receipts.
2/
18 Nov 2023: Lewisham Labour gifted £539,418 to Shakeel Begg’s mosque. Begg is a Hamas apologist, declared an extremist by the High Court. No apology. No action.
thejc.com/news/taxpayers…
18 Nov 2023: Lewisham Labour gifted £539,418 to Shakeel Begg’s mosque. Begg is a Hamas apologist, declared an extremist by the High Court. No apology. No action.
thejc.com/news/taxpayers…
3/
19 Nov 2023: Jess Phillips’ Silence. In her Birmingham constituency, a cleric described Jews as a “cowardly nation” and called for holy war against Israel.
Still no comment from her - despite widespread outrage.
thejc.com/news/exclusive…
19 Nov 2023: Jess Phillips’ Silence. In her Birmingham constituency, a cleric described Jews as a “cowardly nation” and called for holy war against Israel.
Still no comment from her - despite widespread outrage.
thejc.com/news/exclusive…
