Discover and read the best of Twitter Threads about #Bailout

Most recents (2)

1/ The Senate Banking Comm staff reached out last week regarding @Facebook @Libra pursuant to my @ForbesCrypto article. During a conf call they indicated interest in receiving formal testimony from me. Here it is + summary follows 👇: forbes.com/sites/caitlinl… @DoWithCare
2/ Big takeaway--politicians that weaponize the US banking system (blocking access to disfavored industries/countries) are modern-day Herbert Hoovers bc these barriers block both unlawful & LAWFUL commerce, & these barriers caused the invention of #stablecoins in the first place.
3/ (OK, I didn't actually call them modern-day Herbert Hoovers the testimony, but I digress...) If Congress isn't happy about @facebook @Libra, it can immediately make #stablecoins irrelevant by letting #banks bank the #crypto industry (& I give v specific recommendations here:
Read 19 tweets
1. theconservativetreehouse.com/2018/07/26/mag…

Remember MILLIONS LOST THEIR HOMES during #HousingCrash. And WHO CAUSED the crash? #WallStreet and #Congress in the same bed. #MaxineWaters reaped $5M from the #FannieFreddie debacle for one.

Then the Joke of a #Bailout to the tune of TRILLIONS.
2. "If you understand the basic elements behind the new dimension in American economics, you already understand how 3 decades of DC legislative/ regulatory policy was structured to benefit Wall Street/NOT Main Street.
3. The INTENTIONAL shift in fiscal policy is what created the distance between two entirely divergent economic engines."

Read that paragraph again.
Let it sink in.
That was a "planned crash" on Americans, while Wall Street and many in Congress made millions!
Read 7 tweets

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