Watching the collapse of SBF's empire makes me wonder: unlike with Jon Corzine and MF Global in 2011, this might actually, you know, cause some real political mud to stick to the Dems. Of course, it didn't happen with Jeffrey and Harvey, so we'll see.
The attempts to regulate crypto are going to be sty…
Watching the collapse of SBF's empire makes me wonder: unlike with Jon Corzine and MF Global in 2011, this might actually, you know, cause some real political mud to stick to the Dems. Of course, it didn't happen with Jeffrey and Harvey, so we'll see.
The attempts to regulate crypto are going to be stymied by the fact that SBF was a key point man in creating the crypto regulation. His Alameda's chief's parents are good friend with the Genslers. It's not going to go well when a major crypto criminal turns out to be a major writer of the crypto rules. And his right-hand man was kicked out of an online gambling company for cheating. Then there's the CCP angle with Gary Wang ....
Of course, the Times is still writing puff pieces about SBF and FTX, even now.
With Trump back in, I wonder about 2024 as well. Overall, association with him seems to have been the major poison for the Republicans. Kemp, De Santis, and Abbott won in part by keeping their distance. The Reps could have won two or three more Senate seats without the association.
I looked over the evidence about the effect of Dobbs, and yes, it did seem to have an effect in some states, but hardly everywhere. And it's unlikely to ever again be a national issue in national elections. In some states, yes. Everywhere, probably not.
With interest rates rising and the Fed's balance sheet shrinking, the coming fall of the Unicorn era was not hard to predict. It's never clear how serious Musk is about anything. The Twitter we knew months ago is still there as far as users can see. But it has been, from day one, a money-loser, like Uber and so many others. Kids, this is called "destroying economic value by squandering scarce capital on unworthy projects." Our whole era, from about 1997 or 98 till today has been defined by it, brought to you by your sponsors, the Federal Reserve and its Modern Maniacal Monetary and Credit Machine, MC'd by Alan, Ben, Janet, and JPow.
Oh Nellie. This is why we missed you.
Watching the collapse of SBF's empire makes me wonder: unlike with Jon Corzine and MF Global in 2011, this might actually, you know, cause some real political mud to stick to the Dems. Of course, it didn't happen with Jeffrey and Harvey, so we'll see.
The attempts to regulate crypto are going to be stymied by the fact that SBF was a key point man in creating the crypto regulation. His Alameda's chief's parents are good friend with the Genslers. It's not going to go well when a major crypto criminal turns out to be a major writer of the crypto rules. And his right-hand man was kicked out of an online gambling company for cheating. Then there's the CCP angle with Gary Wang ....
Of course, the Times is still writing puff pieces about SBF and FTX, even now.
With Trump back in, I wonder about 2024 as well. Overall, association with him seems to have been the major poison for the Republicans. Kemp, De Santis, and Abbott won in part by keeping their distance. The Reps could have won two or three more Senate seats without the association.
I looked over the evidence about the effect of Dobbs, and yes, it did seem to have an effect in some states, but hardly everywhere. And it's unlikely to ever again be a national issue in national elections. In some states, yes. Everywhere, probably not.
With interest rates rising and the Fed's balance sheet shrinking, the coming fall of the Unicorn era was not hard to predict. It's never clear how serious Musk is about anything. The Twitter we knew months ago is still there as far as users can see. But it has been, from day one, a money-loser, like Uber and so many others. Kids, this is called "destroying economic value by squandering scarce capital on unworthy projects." Our whole era, from about 1997 or 98 till today has been defined by it, brought to you by your sponsors, the Federal Reserve and its Modern Maniacal Monetary and Credit Machine, MC'd by Alan, Ben, Janet, and JPow.