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The elephant is in the room: messing with the federal payments system could lead to issues in the US Treasury market, especially the huge and immensely complex Repo and Reverse repo markets, daily turnover $5 trillion.Via <a data-mce-href="https://paulkrugman.substack.com/" href="https://paulkrugman.substack.com/" title="Paul Krugman" target="_blank" rel="noopener">Paul Krugman</a> on <a data-mce-href="https://paulkrugman.substack.com/" href="https://paulkrugman.substack.com/" target="_blank" rel="noopener">Substack </a> <a data-mce-href="https://paulkrugman.substack.com/p/what-the-musk-is-happening" href="https://paulkrugman.substack.com/p/what-the-musk-is-happening" title="Musk Fed Payments " target="_blank" rel="noopener" data-mce-selected="inline-boundary">What the Musk is Happening?</a>

The elephant in the room: messing with the fed payments.

Not sure why anyone with sense thinks that MSTR is anything but a fraud, like Enron, rather than some sort of 'real' business. Suppose the only difference is that neither SEC nor any other government agency will be investigating BTC market manipulation anytime soon.(Quote originally published 2 February 2025)Image © <a data-mce-href="https://www.forbes.com/" href="https://www.forbes.com/" target="_blank" rel="noopener" data-mce-selected="inline-boundary">Forbes Magazine</a> Daily Cover

Microstrategy Inc

DeepSeek: lots of angst over their T&amp;C's reading all your Gmail, something that Google &amp; et Al. have been doing for over 20 years. Oh no, they're Chinese! Bad. Only the same comment about Google applies from 20 years ago: "if they have nothing better to do than read my dumb emails".(Quote orginally published 1st February 2025)Image made using <a data-mce-href="https://designer.microsoft.com/" href="https://designer.microsoft.com/">Microsoft Designer</a> image creation.

DeepProbe

What happened to the executive order for New Mexico to renamed New America? 🤔 Sharpie ran out of ink or still arguing over a counterproposal to call it New Donnie? 😂(Quote originally posted on 30 January 2025)

New America

Dumb arse sanewashing headlines like this serve no purpose other than ego boosting his credibility.Via <a data-mce-href="https://www.politico.eu" href="https://www.politico.eu" target="_blank" rel="noopener">Politico EU&nbsp;</a> <a data-mce-href="https://www.politico.eu/article/mette-frederiksens-diplomatic-dash-to-save-greenland-from-donald-trump/" href="https://www.politico.eu/article/mette-frederiksens-diplomatic-dash-to-save-greenland-from-donald-trump/">Mette Frederiksen’s diplomatic dash to save Greenland from Trump</a> (Quote originally published on 28 January 2025)

Sanewashing headlines

This seems to have got lost in the pageantry yesterday.<a data-mce-href="https://www.cbsnews.com/news/vivek-ramaswamy-expected-to-depart-doge/" href="https://www.cbsnews.com/news/vivek-ramaswamy-expected-to-depart-doge/">Vivek Ramaswamy expected to depart DOGE</a> Via <a data-mce-href="https://www.cbsnews.com" href="https://www.cbsnews.com" data-mce-selected="inline-boundary">CBS News &lt;published 19 January 2025&gt;﻿</a>

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The elephant in the room: messing with the fed payments.

Microstrategy Inc

DeepProbe

New America

Sanewashing headlines

DOGE No Vivek