I watched the @BuffaloBills vs @Lions during Thursday Night Football.
At one point I tried to fast forward through a commercial.
Now I have a bottle of Heinz in my Amazon cart.
What?…
Ed retweeted
It just feels like something is different with STRC. The price is so steady that one would have to believe that there's a market maker being compensated to make a tight market. And there was something interesting about how Phong Le commented on the steadiness of that price. Perhaps they've worked out a deal with a large bank to market STRC exclusively and guarantee that perpetuity can be sold at par every 12 months or something like that. In exchange of course they would probably require two points of spread between the price at they buy it from strategy on origination and the price at which they sell to their clients as a stable coin or effectively a one year CD which puts it in the category of a money market instrument. The bank is carrying so much US Treasury product that they could easily pledge it as collateral for the yearly redemption option. This is something this strategy can't do and it's something that would keep the price at par because pull to par would take effect.
With the pledging of US Treasury debt, STRC would get a credit rating equivalent to the United States government. This is just crazy stuff coming out of my head FYI I know nothing. It's just what I call a Walter Mitty dream But it would be pretty cool and it would change the game completely. Imagine a bank offering wrapped STRC digital credit with one year liquidity yielding 10% after tax. I say after tax because of the IRS treatment of return of capital.
Gosh I haven't owned any MSTR exposure for such a long time. It's been such a tough ride for them but I hear there will be growth in the spring.
An absolutely underrated post.
“One of the peculiarities of the American educational system, compared with those in other democracies, is that most public school districts prefer hiring graduates with degrees in education rather than in specific academic subjects like history and physics.
This leads to a greater focus on the methods of teaching, expressed in jargon phrases like “inquiry-based learning,” than on acquiring particular knowledge.”
How @SenWarren puts American jobs first.
She crushed every employee at iRobot by preventing a generous buy-out offer from Amazon.
iRobot is now bankrupt and entirely in the hands of Chinese and Hong Kong interests.
A real champion of the people.
iRobot, the company that makes the Roomba robot vacuum cleaner, has filed for bankruptcy. It has reached a restructuring support agreement that will hand control to its main supplier and lender Shenzhen PICEA Robotics, and Santrum Hong Kong. bloom.bg/49aEN06
📷: David Paul Morris/Bloomberg
youtu.be/lR-bhPzQYUE
Here’s the macro: Jack Smith’s strategy was to show some Republicans who told Trump the 2020 election was legit - ‘proving’ that makes it the truth which somehow creates evidence that Trump was committing fraud by not following the truth.
This is insanity from our government.
Next they’ll tell you that a boy is a girl and vote several of your friends telling you that a boy is a girl as evidence that you’re mentally ill or a criminal for not thinking the same.
Jack Smith is not an outlier at the DoJ.
Thought crime is here.
You can’t take $10,000 in cash out of your bank without a huge hassle and paperwork getting filed with the IRS.
But Jeffrey Epstein amassed $600M in 20 years and you’re expected to believe it’s a mystery how…
@FBIDirectorKash you owe us more answers.
At least we’ve now upgraded from:
There’s no Medicaid fraud
To
Medicaid fraud happens in every racial demographic.
It’s progress of a sort.
Incompetent scumbag Tim Walz says it's a "pretty hard reach" to expect the Somali community to not engage in the massive theft of tax dollars, criticizes @POTUS for calling them out:
"Each community's got this... Donald Trump brought this to the attention... very dangerous."
Ed retweeted
Incompetent scumbag Tim Walz says it's a "pretty hard reach" to expect the Somali community to not engage in the massive theft of tax dollars, criticizes @POTUS for calling them out:
"Each community's got this... Donald Trump brought this to the attention... very dangerous."
He steps back because the communications were made public.
Not because they occurred.
Classy.
I am done voting for any of these people until they release everything. This is absurd.
Speaker Mike Johnson claims the Epstein files can’t be released unredacted because they contain intelligence-agency material that falls under national security.
He says it’s dangerous to force the DOJ to declassify documents they didn’t create, especially when they involve other agencies like the CIA or NSA.
Johnson warns that releasing the Epstein files unredacted would put national security at risk.