Independent thinking for complex markets and current events
This guy just pulled off the smartest wealth transfer in modern history. But nobody understands what he actually did. Yesterday, Michael Dell announced $6.25 billion to fund “Trump Accounts” for 25 million American kids. Media’s celebrating it as philanthropy. But it’s not charity… It’s billionaires weaponizing government infrastructure. Here’s what happened: Trump signed a law …
More Bitcoin Treasury Silliness: According to the term sheet, these six-month(!) “bonds” may be redeemed earlier, upon the bond holder’s request. Then what’s the point here? The press release itself? $MTPLF https://t.co/7CAnpmblmq — James Chanos (@RealJimChanos) June 16, 2025
It’s the kind of thing you don’t hear in the fine print, and no customer rep is going to offer it unless you’re on the line, frustrated, and asking the right questions. But if you dig deep enough into the backrooms of corporate billing tricks, every so often, you find a gem. A quiet loophole …
The Chinese are out here sharing tariff loophole tutorials. And you thought they would surrender within 24 hours? pic.twitter.com/2tKuwYQfzj — Spencer Hakimian (@SpencerHakimian) April 14, 2025 Birkenstocks 2/x pic.twitter.com/dw2lbpqwBi — Bugman Hegel (@FedPoasting) April 14, 2025
In a major reversal from her guidance just days ago, Secretary of State Jane Nelson now says non-citizen driver’s licenses may not be used as a form of voter identification. The Texas Department of Public Safety issues driver’s licenses and personal identification cards to lawfully present noncitizens, which are clearly marked “Temporary Visitor” or “Limited-Term” …
The FDA’s current regulations allow food companies to independently determine the safety of thousands of ingredients considered “generally recognized as safe” (GRAS), often without notifying the FDA or disclosing safety data. This practice has led to the addition of many unreviewed substances to the U.S. food supply, raising concerns about the adequacy of post-market oversight …
IRS moves to end another major tax loophole and raise $50 billion in the process as they zero in on one group of Americans – here is who they are targeting The IRS has set its sights on what it says is $50 billion of missing tax revenue lost to wealthy people shifting their assets …
Some Supreme Court justices have “used a loophole” to avoid financial disclosures “that could be important to litigants trying to assess whether a justice has a conflict of interest,” according to Joyce Vance, the former U.S. attorney for the Northern District of Alabama. Vance made the claim on her Substack blog, in which she questioned …
He makes an interesting observation that the reparation committee clearly overlooked. h/t Rev El Haitian