Musk now controls all US payments 🚨 | USDA freezes payments to farmers

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superrific

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This needs its own thread. It is one of the most dangerous things the administration is doing. We can't lose sight of that in all the other shit about DEI, which is headline grabbing but ultimately it's relatively harmless. What Trump undoes, can be redone.

But if they start fucking with payments, that cannot necessarily be undone. And the payment system contains a lot of other information that Musk and his people have no business seeing.

 
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So what’s the end game? Is Musk angling to create some kind of payment processing fee on disbursement of government money that he can profit from?
 
So what’s the end game? Is Musk angling to create some kind of payment processing fee on disbursement of government money that he can profit from?
1. He gets access to payments made to rival companies. He now understands the terms of every government contract
2. This is a way to get leverage over people. Speak out? No money for you. Sue to get it. It's basically the Trump approach to contractors for the world's largest economy.

There might be other reasons too. Those come to mind. But who knows? Uncharted territory.
 
No idea what Musk's angle is, but there has been lots of speculation that the Government would start making these payments via the new FedNow instant payment network rather than issuing checks or ACH deposits. The network launched in July 2023 and banks are still getting up and running on it but government disbursements would really help the network take off.
 
No idea what Musk's angle is, but there has been lots of speculation that the Government would start making these payments via the new FedNow instant payment network rather than issuing checks or ACH deposits. The network launched in July 2023 and banks are still getting up and running on it but government disbursements would really help the network take off.
His aim is to be Lex Luthor.
 
Information is power. I’m quite sure his folks are mapping out with extreme detail where this money is going.
I wonder if this could create a potential Jan 6th style prosecution when the next administration comes in. Not sure how it is lawful for Musk, a non-governmental employee, to access such data.
 
I wonder if this could create a potential Jan 6th style prosecution when the next administration comes in. Not sure how it is lawful for Musk, a non-governmental employee, to access such data.
I'm increasingly of the opinion that if we do get a next administration, we're going to clean house before reimposing the rule of law. We will need a dramatically different constitution, and personally I'd like to finish Reconstruction. We should recognize no Trump pardons; the Supreme Court will be dissolved and reconstituted; and prosecutions of folks like Musk will be military tribunals.

We gave the rule of law a second bite at the Trump lawlessness and it failed. So future coups will have to be deterred in the way they are deterred virtually everywhere else in the world.
 
I'm increasingly of the opinion that if we do get a next administration, we're going to clean house before reimposing the rule of law. We will need a dramatically different constitution, and personally I'd like to finish Reconstruction. We should recognize no Trump pardons; the Supreme Court will be dissolved and reconstituted; and prosecutions of folks like Musk will be military tribunals.

We gave the rule of law a second bite at the Trump lawlessness and it failed. So future coups will have to be deterred in the way they are deterred virtually everywhere else in the world.
I think you are correct but to get to that point the next administration will need the high ground to be able to fix things. I don’t see that being possible without a lot of suffering first. Trumpism has to be broken from within.

It is like Germany post WW2. Removing the remnants of Naziism was easy because the people suffered so much from Naziism and the war they. Even ones who supported the regime to the end of the war were no longer willing to put up a fight for it.
 
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I think you are correct but to get to that point the next administration will need the high ground to be able to fix things. I don’t see that being possible without a lot of suffering first. Trumpism has to be broken from within.

It is like Germany post WW2. Removing the remnants of Naziism was easy because the people suffered so much from Naziism. Even ones who supported the regime to the end of the war were no longer willing to put up a fight for it.
The remnants of Naziism took a lot longer to disappear than you imagine. All of a sudden, a lot of stuff got overlooked once the Cold War started.
 
Democrats need to really hone in on the smash and grab that the billionaire class is doing to our government right now.
You, me, Bernie and Kamala all agree on that. LOL. But I fear it's going to be hard to get Americans too jazzed up about that unless they see it affecting their own lives.

And fortunately for us, Musk and Trump seem to be as hell-bent on making their bullshit affect as many lives as possible.

Trump wants to own his tariffs. Good. Nobody should ever forget who is responsible.
 
Going to take a wild guess it has something to do with this, there's been a lot of chatter the Bank of England is essentially broke at the moment, and a ton of gold is moving into the US futures market right now.

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The remnants of Naziism took a lot longer to disappear than you imagine. All of a sudden, a lot of stuff got overlooked once the Cold War started.
I am sure but they had no power. Maybe that was simply because of the military occupation. But either way, I would argue that the suffering the Germans faced both directly by the Nazis and indirectly because of the wars the Nazis started helped Germany move on from Naziism.

We can’t move on from Trumpism until the right decides it is necessary - either because they lose public support or don’t like what they get out of Trumpism. Neither of those are reached easily.

The other alternative that the pendulum swings really hard and we end up with some type of left wing authoritarianism. That is the fire that those on the right are playing with. When you destroy democracy and social norms and ruin the economy, you don’t know what you will end up with.
 
The UK holds a tremendous amount of our debt, if you include the Caymans where all the British hedge fund money resides, it exceeds Japan.


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