Carol Roth Profile picture
Aug 18, 2019 8 tweets 4 min read Read on X
#Popculturetimemachine story time.

Once upon a time, one of the most iconic lifestyle brands was...McDonald's...
Fashion- absolutely! Whether your jeans were embellished with a Ronald McDonald patch, or you wore your fancy dress embroidered with the fry guys and burgers for school pictures, McDonald's couture had something for every occasion
What about leisure? McDonald's had you covered-- there was a different playset available depending on age and interest...
What about housewares? Well McDonald's had a variety of limited edition plates to adorn even the most elegant of tables....
Glassware you ask? Why yes, who wouldn't want to drink the beverage of their choice out of a glass featuring Grimace or Mayor McCheese?
When you went to the doctor, maybe he gave you a balloon...or, if your doctor was extra, he gave you a McDonald's hand puppet...
For the holidays, you could give someone you cared about a fabulous McDonald's gift certificate-- way before that was a thing. You could even get them from the "cool" houses for Halloween...
McDonald's...more than a burger and fries, it was a way of life. You didn't choose the McDonald's life-- it chose you.

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More from @caroljsroth

Nov 24
Scott Bessent is a very solid pick for Treasury Secretary. I know there are many questions about him, so here is a short thread.

Note that I do not know him personally, only via media and anecdotal knowledge.
Our fiscal foundation is a mess, which makes the Treasury pick incredibly important. Bessent has a very broad, relevant skill set with the understanding required for a position like Treasury, having worked on Wall Street and with central banks, and understanding a broad range of interconnected economic and financial metrics.

He currently manages a macro-focused hedge fund, Key Square, and is probably most well known for the company he has kept.
Early in his career, Bessent worked as the protégé of legendary investor Stan Druckenmiller at Soros’s hedge fund, where in 1992 they famously made a highly successful (billion dollar) bet against the British pound. Druckenmiller continues to hold Bessent in high esteem, a very strong endorsement.
Read 7 tweets
Mar 26
Why is it that Americans are so uninformed about how much in taxes the wealthiest Americans pay?

The reason is that the White House straight up lied about it and the media has been saturated with this lie.

Let’s take a look (thread)...
Joe Biden has repeatedly claimed that the wealthiest pay only an 8% average tax rate, comparing it to working class tax rates.

That seems insane, so I investigated. Image
I went to the White House site + looked at their “study”
The study was not based on tax records or even income (which is what is tax rates are based on).
The study said they included UNSOLD STOCK... Image
Read 9 tweets
Mar 13
Here’s a thread on the CTA BOI rule I spoke about today w @GlennBeck as requested...
If you are a small biz with an entity around it (LLC, S-corp, etc) considered a reporting company (more on that below) you are now required to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a division of the US Treasury
This is a mass data collection initiative targeting small businesses, as larger businesses (20+ employees, $5 million in revenue) are exempt.

There are severe financial and other penalties, including jail time, that you risk from non-compliance!
Read 12 tweets
Jan 3
Long/Important thread on Natural Asset Companies:

Natural Asset Companies are worse than ESG on steroids-- imagine Wall Street or even foreign countries having control over our food, energy and water
A new type of company called a Natural Asset Company (NAC) is pushing for control of America’s natural resources. The NYSE is currently trying to get the SEC to approve it and unleash it on public investors.

Your urgent help is needed to comment and spread the word.
For background: it is very hard and out of the ordinary to create a new type of company, particularly one that qualifies for listing on the largest stock exchange in the world.
Read 18 tweets
May 5, 2023
Thread/
In March 2020, the Fed and the govt decided they needed to “save the economy” from the govt-mandated economy shutdowns.
The Fed propped up Wall Street.
The govt paid people not to work and other direct stimulus...
With small biz closed, big biz open and easy $ for Wall St, this allowed the shutdowns to go on for much longer than they would have...
This intervention caused a massive wealth transfer, trillions upon trillions of dollars, from Main Street to Wall Street.

It disrupted labor, supply chains and more- some of which may take decades to normalize...
Read 6 tweets
Feb 22, 2023
Thread/
The Biden Administration blowing up ERISA protections is unconscionable.
For nearly 50 years, ERISA has protected the retirement assets of Americans, requiring that plan sponsors act solely in the interest of employees/ dependents/beneficiaries...
...when picking investments, monitoring them or casting shareholder votes.
The Biden DOL now let’s them prioritize ESG instead of your financial well-being...
ESG is the ever-changing political, social + financial agenda of the elite. The Biden DOL allowing this to be prioritized codifies business social credit at your expense.

It uses YOUR money to push their agenda
It risks YOUR capital by ignoring financial metrics of companies
Read 5 tweets

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