ECP NetHappenings Trump Lost Yes He Did

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NEWS BYTES

They know McConnell is dead or might as well be, so they need to admit it.

U.S SENATE HEARING ON THE #BITCOIN AND CRYPTO CLARITY ACT HAS OFFICIALLY JUST STARTED.
Senator Warren demands 2026 disclosure of Trump’s crypto earnings after a $1.4B filing, pushing for transparency ahead of the Senate crypto bill vote.

Who knew SpaceX was just exit liquidity?
Every single person who bought this garbage is underwater.

Things conservatives used to say:
*Character counts
*Crony capitalism is bad
*Russia is our enemy
*Tariffs are taxes
*The Constitution is sacrosanct
*Government power should be limited, restrained, and checked by congress.

Top Treasury tax official and acting IRS chief counsel Ken Kies was ousted from his job after he warned that the White House was at risk of violating a federal law prohibiting senior officials’ involvement in IRS audits.

Permanent Daylight Savings Time
The House voted 308-117 Tuesday to pass the Sunshine Protection Act, which would make daylight saving time permanent nationwide. States could opt out and remain on standard time if their legislatures act before the measure takes effect.

Rick Scott the guy who got away with 1.7 BILLION in Medicare fraud, says Americans should work 7 days a week. We are not allowed time to raise our kids. What is your message to him? Mine is rot in hell.

The average American family makes $75,000 a year.
The top 10 corporations spent $4,834,000,000,000 in stock buybacks over the last 8 years.
They could have given $384,498 bonuses to each worker.
Instead: They got richer.
Tax the rich.

Judge orders Kennedy Center to explain tarps covering the building.

Trump’s property, which he received as a gift from the ruler of the UAE, was hit by an Iranian ballistic missile in Dubai

Lindsey Graham died Friday and less than a week later,his sister has been sworn in. South Carolina Republicans decided the most qualified person to fill in for Lindsey Graham’s vacant Senator seat was his own sister, with zero qualifications, to represent the entire state of South Carolina! Darlene Graham Nordone is the DEI hire Republicans warned you about.
*Anyone else remember when Mike Johnson refused to seat Adelita Grijalva for 50 days after she was ELECTED?

John Fetterman left the Democratic Party a long time ago. What he thinks, says or does is totally irrelevant. The odds of him getting primaried out of his position is approximately 100%.

LINKYou wanted a reality show host as a president, well now you’re on Survivor.

WHEN TRUMP’S PRESIDENCY IS OVER, IT SHOULD BE ANNULLED. NO LIBRARY, NO PORTRAIT, NO TITLES, NO HONORS, NO NOBEL PRIZE. IT’S A RECORD OF SHAME !

Massie on Trump’s speech: “We control the House, Senate, White House, and Supreme Court, so I ask my Republican colleagues, why are you complaining about election fraud? We won all the elections!”

If Democrats rig elections, how did Trump become president twice?


Listen to the demented presidential manbaby admit Joe Biden won the 2020 election.

BEAT US BY A WHISKER

“HE BEAT US BY A WHISKER” – DONALD J. TRUMP
Trump admits to the world that President Joe Biden was the clear winner. Everything since then has been blatant lies, accusations, coercion, insults, threats, falsities, hatred, manipulation, and pure garbage. Stop the insanity.

He got 74 million, and Biden got 81 million to win. Fuck this demented, lying asshole and his bullshit.

LINK

“I don’t want people to know that we lost, Mark.

This is embarrassing. Figure it out.

We need to figure it out.

I don’t want people to know that we lost.”

-Donald Trump to Chief of Staff, Mark Meadows Dec. 12, 2020.

The president lost his 2020 reelection to Joe Biden by 7 million votes, but has been falsely claiming he won for five years, eight months and 13 days now.

@WhiteHouse @realDonaldTrump
will be held accountable for their vicious lies tRUMP WAS INDICTED FOR ELECTION FRAUD – 11,780 votes that he tried to STEAL and pressured Brad Raffensperger!

Fella’s I just want to find 11,000 votes!
Raffensperger told him the data he has is wrong.

Trump’s voter fraud speech is BACKFIRING as Americans flood social media with the recording of Trump demanding Georgia “find 11,780 votes” after he lost the 2020 election. Trump is the last person on Earth who should be talking about election fraud.

Jim @Acosta Is Correct “The Fraudster-in-Chief” Donald J. Trump Cannot Hide In Plain Sight. Trump Is Totally Exposed For The Fraud He Really Is.

“And [Elon Musk] knows those computers better than anybody. All those computers, those vote-counting computers. And we ended up winning Pennsylvania, like, in a landslide, so. It was pretty good, it was pretty good, so — thank you to Elon!” – Donald Trump, January 19th 2025

Mullin says that election officials in states that don’t cooperate with the Trump administration may face jail time.

Questions of the day:
Would you rather have explosive diarrhea or listen to Trump address the nation?

The declassified documents Trump just released tonight to “prove” the 2020 election was “rigged” actually show that Russia tried to interfere to hurt Biden and help Trump.

You said the 2020 election was rigged by either Venezuela or China. When you called that fella in Georgia pleading for 11,780 votes, was that part of the rigging, or part of the 6-year investigation? Just one more thing, sir, who was president while all this rigging took place?”

Trump announced a primetime TV address to spotlight his nutty, debunked 2020 election conspiracy theories. But guess what? NOT ONE MAJOR NETWORK AGREED TO AIR IT.
ABC, CBS, NBC, FOX, CNN and MSNBC all told him- to take a hike. They won’t air his lies and nonsense. AHAHAHA! He’s a wannabe dictator. Now he wants to pull the licenses of ABC and NBC for not participating in his festival of lies.

“We will not be airing the Presidents speech live because unfortunately this President has a history of presenting information that is not true. He plans to show what he calls recently declassified documents and we must review and verify those before we broadcast them.”
– CNN’s Kaitlan Collins

EPSTEIN

“I was 13 Years Old” – The Story of Katie Johnson

A Republican close to Trump has mysteriously purchased Jeffrey Epstein’s infamous child breeding ranch. Since then, the Trump administration has stopped all federal investigations into the compound.

210 days since the Epstein Files Transparency Act deadline.
Congress passed a law. Survivors were promised transparency. Yet the Justice Department still controlled the timing, the redactions and ultimately the meaning of “compliance.”
A deadline means nothing if power can simply outlast it.

VIDEO Rep. Thomas Massie, on the House floor: why did the FBI list Leslie Wexner as a co-conspirator in their own child sex trafficking documents, then tell him they had no questions for him?
He named Leon Black and Jes Staley too. No US arrests. No investigations.

Epstein survivor says acting AG Blanche was ‘abrasive, condescending’ during meeting. 

31E-NY-3027571 is the code for the Epstein Files. How many pages? This number is significant. And throughout the files it’s listed over and over as “unclassified.” That means we’re supposed to have it in our hot little hands.

 

TRUMP ON HIS POINTLESS WAR: “We’re making a lot of money. The defense companies are doing great.”
Unreal. There you have it, folks.

Fascism is here. If you’re not alarmed you’re not paying attention.
“Left-wing political terrorism” will mean those who oppose the regime — while actual right-wing extremism is allowed to grow and thrive.
We are very far off the cliff, folks.

If you make me create an account to check the status of something on your site, my username is [object Object] and my password is X5O!P%@AP[4\PZX54(P^)7CC)7}$EICAR-STANDARD-ANTIVIRUS-TEST-FILE!$H+H*
Now we’re both unhappy. Great job.

Don’t let her con you. Susan Collins is the Chair of the Senate Appropriations Committee. She’s in charge of ICE funding. Collins voted for an ADDITIONAL $70 billion while they already received $170 billion and still had $95 billion in unobligated funds. Vote her out.

Multiple towns in Connecticut are permanently removing Flock cameras from their neighborhoods after a massive backlash over privacy concerns. An FOIA request revealed that, in just one town, third parties accessed camera data more than 500,000 times in only nine weeks. “Flock Safety could not guarantee that it’s not sharing information with federal agencies.”

THE BLOCK: Circle suspended Tether-backed Heka Funds in December 2023 over concerns it was manipulating USDC markets.
Arbitration filings made public Tuesday show Tether invested $800M in Heka’s Elysium fund and waived USDT mint fees. The arbitrator sided with Circle, finding Heka intentionally avoided disclosing Tether’s role.
Heka was the new Alameda
The triangle works like this:
@Tether deposits a ton of cash at an offshore bank, usually Bahamas
At Tether’s instruction, the bank extends 72 hours no-cost capital to Alameda / Heka so they can buy USDT whenever it depegs
Cheap for Tether, fund makes money on the arbitrage as USDT repegs
This is all in the public court filings around Alameda already

ESSAY Ihtesham Ali @ihtesham2005
July 16 2026

A guy named Jonah accidentally built the most useful website on the internet.

It’s called Privacy Guides.

This is the website Google would rather you not find, Meta actively lobbies against, data brokers have tried to discredit for years, and the entire advertising industry treats as a direct threat to their business model.

It has been online since 2019. It takes no affiliate money. It runs no ads. Journalists cite it. Security researchers trust it.

Here’s how it works.

Privacy Guides is a curated recommendation list. The site itself sells nothing.

It just tells you which private tool actually replaces every surveillance product in your life, tested by security researchers and updated every month, organized into 40+ categories with the exact reason each pick was chosen.

→ Browsers that block trackers and ads by default
→ Email providers that cannot read your messages
→ Search engines that do not build a profile on you
→ Password managers you can self-host
→ VPNs that accept cash and Monero and log nothing
→ Messengers with end-to-end encryption Signal-tier or better
→ Photo apps that do not scan your camera roll
→ Health apps that do not sell your data to insurance companies
→ A custom Android OS called GrapheneOS that strips Google out of your phone entirely

The site is run by a non-profit called MAGIC Grants. Every recommendation goes through a public forum review, a GitHub pull request, and criteria published on the site so anyone can audit why a tool was chosen. No company can pay to be listed. No affiliate link exists on the entire domain.

Google can’t shut this down. Meta can’t shut this down. Amazon can’t shut this down.

The entire $600 billion surveillance advertising industry is built on the assumption that you would never spend one afternoon on this website.

ESSAY HEDGIE July 16 2026

Suno, the AI music generator, got hacked. The leaked source code shows they scraped over 2 million YouTube clips and hundreds of thousands of hours of music from YouTube, Genius, Deezer, and other platforms without licensing any of it. The code includes exact dataset inventories down to the hour count. Suno is already being sued by major record labels.

My Take
Same method as every other AI company, just a different industry. Take the content, build the product, deal with the lawyers later. OpenAI scraped a million hours of YouTube. Google used Google Books content for Gemini without publisher permission. Meta allegedly torrented entire book libraries. Now Suno had files documenting exactly which platforms they scraped and how many hours they pulled from each one.

I think this one is harder to survive than the others because Suno doesn’t have Google’s cash or OpenAI’s investor backing. It’s a startup facing record label lawyers with leaked source code that documents exactly what the labels accused them of doing. The labels don’t need to prove what Suno did anymore. Suno wrote it down for them.

 

ECP NetHappenings Donald Trump Portfolio Tracker

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Donald Trump Portfolio Tracker
https://x.com/TrumpsPortfolio
@TrumpsPortfolio
Tracking all of Trumps trades so I can get filthy rich

I CALLED IT, ANIMALS, AND YOU LAUGHED!!! Months ago I told you ICE would buy facilities DIRECTLY from the prison companies at north of $150,000 per bed — and I was WRONG, folks, it was BETTER!!! ICE just bought TWO facilities from CoreCivic — $CXW— for $1.47 BILLION!!! That’s $286,000 per bed in California City, $371,000 PER BED at Otay Mesa, $323,000 a bed COMBINED — DOUBLE what these things cost to build!!! Even I underestimated the beauty, and I NEVER underestimate!!!

AND WHO OWNS $CXW ??? DONALD TRUMP!!!
It’s RIGHT THERE in the disclosure, folks — the man holds CoreCivic AND GEO Group, the two companies running America’s ICE detention centers!!! Follow the bouncing ball: HE runs the immigration crackdown!!! HIS DHS just wired $1.47 billion to a company HE OWNS SHARES IN, at DOUBLE replacement cost!!! The buyer is his government, the seller is his portfolio, and the taxpayer is the ATM!!! That’s not a conflict of interest, that’s a CLOSED LOOP!!!

And the STRUCTURE is a masterpiece: DHS buys the buildings, but CoreCivic KEEPS OPERATING them under the same contracts!!! Sold the real estate, KEPT the revenue — like selling your house and the buyer pays YOU rent!!! Gain north of $1 BILLION on assets carried at PENNIES!!!

THE DE-LEVERING — exactly like I told you: $716 MILLION of debt GONE overnight!!! Credit facility, GONE!!! The 2027 notes, GONE!!! And that puts them under the covenant thresholds that unlock UNLIMITED BUYBACKS with the $400 million left over!!! Fewer shares, folks — and whose shares get more valuable??? DONALD’S!!!

AND THE SEQUEL IS COMING: CoreCivic says it’s in talks with ICE to sell MORE facilities!!! The machine runs forever: sign the orders, fill the beds, sell the buildings to yourself at double price, buy back the stock, watch the disclosure GLOW!!! One catch the animals should know — ICE can cancel those operating contracts anytime, so read the covenants before you chase!!! Do your own research, NOT advice!!! Is ANYBODY looking into this??? The SEC??? He APPOINTS the SEC!!! I called the trade, the price, AND the de-levering — GREATEST prison analyst in American history, maybe ever!!!

Trump’s financial disclosure is 927 pages long.

Buried inside it is a stock almost nobody talks about: McKesson.

Never heard of it? It touches 1 in 3 prescriptions filled in America. $403 BILLION in revenue last year. Bigger than Apple by sales.

And the story gets weirder the deeper you dig.

This company paid a record $150M DOJ fine for pumping opioids into communities.

Then got hit with an $8.1 BILLION settlement charge. It will be writing opioid checks until the 2040s.

The stock? Up 6x since 2019.

It keeps 1.5 cents of every dollar that flows through it. Sounds terrible.

It’s not.

Suppliers effectively finance the whole operation.

It’s an insurance float machine disguised as a trucking company, and it printed $5.4B in free cash flow last year.

It has bought back 40% of its own shares in a decade.

Here’s the part nobody’s saying out loud: its single biggest regulatory threat is Trump’s own drug pricing agenda.

MFN pricing consumed 95% of analyst questions on one earnings call.

The President’s portfolio holds the exact stock his policies are supposed to squeeze.

And the whole thing hangs on one thread: CVS is 24% of McKesson’s revenue.

That contract expires in June 2027. The negotiation is happening NOW.

I read 10 years of annual reports and 10 earnings calls, rebuilt the model, and valued it like a buy-side analyst.

Bear case: $630. Base: $860. Bull: $1,025. Stock today: $803.

The President’s advisers own the pipes of American medicine.

Full breakdown of why, and what it’s actually worth:

The President Owns the Pipes of American Medicine
The pipes of American medicine are in the portfolio. Here is how the money actually gets made, and what the business is worth at $803.

TRUMP PORTFOLIO TRACKER
JUL 16, 2026
https://x.com/TrumpsPortfolio/status/2077794040393744768

Buried somewhere in the 927 pages of the president’s 2025 annual financial disclosure, alongside the megacap tech names, the defense contractors, and the municipal bonds, sits a position in McKesson Corporation. It is not a name that generates headlines. It is a pharmaceutical distributor with reported operating margins near 1.5 percent, headquartered in Irving, Texas, that most Americans have never heard of despite the fact that it touches roughly one of every three prescriptions filled in this country.
A caveat before the analysis, because this newsletter tries to be honest about what the disclosures do and do not tell us. The filings report holdings in broad dollar ranges across eight investment accounts, and the White House maintains those accounts are run by professional advisers who do not regularly communicate with the president. So the interesting question is not what Trump sees in McKesson. It is why a professional money manager building a large, defensively tilted American equity portfolio in 2025 and 2026 would want this specific stock. That question has a genuinely good answer.
Whether the stock deserves $803 is a separate question, and answering it properly requires understanding a business model that almost everyone, including a fair number of people who own the stock, gets wrong.

ECP NetHappenings Trumps’ Gold coin is fake

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U.S. Mint to make $1 gold coin with Trump’s face on it.

“The coin is already in production and will be available beginning this fall, a spokesperson for the Treasury Department told CBS News. It’s composed of non-precious metals, but will have a “gold-like finish,” the spokesperson said.”
The coin is fake gold. Ironic. And oh so fitting.

BREAKING: Senate Democrats just introduced a bill that bans Trump from pardoning himself for corruption. This corrupt clown could finally go to jail for a long time.

Lying under oath is a felony so is lying to Congress.
Committing multiple felonies during your job interview for Attorney General (the top law enforcement position in the country) is disqualifying.
Sen. Kennedy: ”
Other than to himself, who if anyone else, did Mr. Epstein traffic young women to?”
Blanche: “We did not have evidence as of now of other men that Epstein helped traffic to.”

Mike Collins’ son-in-law is a proud white nationalist who promotes Patriot Front, pushes antisemitic conspiracies about “Jewish Bolsheviks,” shares Nazi garbage, and says there’s “nothing wrong with White Nationalism.” This is the Georgia GOP Senate nominee. Birds of a feather.

Joe Carlasare @JoeCarlasare
As a litigator handling bitcoin and crypto cases, I’ve seen firsthand the messy collision between Bitcoin and the law. Assets seized and frozen on-chain. Grey areas where the law breaks down. So I wrote a Bitcoin thriller.
A lawyer gets handed the keys to billions in Bitcoin. His client vanishes. The cartel wants it. The FBI wants it. The legal system won’t save him.
UNCONFISCATABLE is up for pre-order on AMZN

WHY ? SHOULD WE CARE?
Tony Robbins reveals his AI agent created NFTs, sold them to other AI agents, & used the proceeds to buy itself a robot dog.

Mexican billionaire Ricardo Salinas just announced he’s backing Lyn Alden’s new #Bitcoin treasury company. “I have learned two things: cash flow is king, and you cannot count on governments to protect the value of your money” “That is why I am backing this team.”
Lyn Alden @LynAldenContact https://www.lynalden.com/orange-juice/
Private equity generally aims to buy businesses, cut costs, and flip them in 4-7 years for a profit. As an alternative, we started a company to buy and hold businesses, and back them up with a bitcoin treasury: ‘ORANGE JUICE’ Raises $40 million to launch a permanent capital holding company backed by a BTC treasury. “It’s a company that acquires, improves, and permanently holds cash-flowing businesses, backed by a bitcoin treasury”

Pete Hegseth announced a new effort to annually screen service members testosterone levels & offer Testosterone Replacement Therapy (TRT) framing it as a way to keep troops on the “leading edge of lethality.”

FDA recalls 735,840 Pillsbury bread rolls after potential glass was found in the products.

FDA approves Merck’s new daily pill that can cut “bad” LDL cholesterol by up to 60%.

Mamdani proposes banning NYC landlords from requiring both proof of income & a credit check — while forcing landlords or brokers to pay any credit-check fees. 92% chance Mamdani freezes rents.

For the first time in more than a decade, no women are set to be promoted to the U.S. Navy’s one-star admiral rank in 2026.

You know when ransomware is called ‘Everest’, it has to be bad.
#Everest is a Russia-based Windows #ransomware & data-extortion operation. It encrypts files with the .everest extension & is linked to the #BlackByte ransomware.

It’s not that attackers from the #Russia Ministry of Foreign Affairs are so smart. It’s that firms don’t change default #Cisco #infosec router settings. @mfa_russia searches for SNMP agents accepting common/default community strings & then takes control.

ESSAY Whitney Webb@_whitneywebb

Jul 1
We’ve been quiet recently because Mark Goodwin and I have been working to write the most comprehensive investigation into Polymarket’s origins and ambitions to date.

We found that Polymarket’s “official” origin story, that Shayne Coplan founded the company alone in 2020 and then built “the company in his bathroom”, is a lie. Polymarket really started years earlier as another company called TokenBnk that was deeply tied to Israeli interests, specifically a crypto company founded by Benjamin Netanyahu’s niece and nephew. Coplan has actively tried to obfuscate this company from his story and it’s not the only thing either.

In Part 1 of this two-part series, we unravel the real history of Polymarket, directly connecting the company to Peter Thiel’s efforts to resurrect controversial DARPA programs from its now defunct Information Awareness Office. Polymarket appears to have been chosen by Thiel and his associates to succeed in resurrecting DARPA’s Policy Analysis Market where another Thiel-linked company, Augur, had previously failed.

Stay tuned for Part 2, where we explore the current influence of prediction markets and Polymarket, including how an insidious effort to have prediction markets replace representative democracy as a governance model is already being slowly implemented by the White House.

Read Part 1 here:

ECP NetHappenings Rethuglicans won’t Block Blanche

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GREAT NEWS‼️‼️‼️‼️

Justice for @ejeancarroll
E. Jean Carroll just received Donald Trump’s $5 million — plus interest!
Despite Trump’s repeated sexist attempts to block Carroll from receiving the money, $5,625,005.48 was just disbursed to her.
HUGE CONGRATS!

 

Happy 2026 under the Trump administration.
STATUE OF LIBERTY DIARRHEA EDITION
When freedom hits a little too hard

I’m not sure who needs to hear this, but concealing a dude’s death in order to prevent an election is election fraud.

Todd Blanch is a Pedophile protector. Just an unbelievable and despicable hearing today! Blanche is Trumps lawyer! Period! He will never fight for us, the people and our Country. #BlockBlanche

Todd Blanche testified under oath that this administration has been the most transparent and has complied with the law regarding Jeffrey Epstein. Blanche believes Epstein had no client list, did not blackmail anyone, Pizzagate is a hoax, Israel was not involved, and there were no hidden cameras in Epstein’s homes. Todd Blanche has been endorsed by Pam Bondi to serve as the next Attorney General.
Karoline Leavitt calls the Epstein files a “classic Washington hoax”.

DISGUSTING 77 Former DOJ Officials Urge Senate To Confirm Todd Blanche As Attorney General

BLOCK BLANCHE WON’T FOLLOW THE CONSTITUTION
– HE REPRESENTS THE AMERICAN PEOPLE NOT THE IRS!!
– BLANCHE Spearheads of the Epstein Cover-up
– Created the Slush Fund for January 6ers
– Allowed tax dollars for The Ballroom

VOTE NO ON TODD BLANCHE FOR ATTORNEY GENERAL
Todd Blanche testified under oath that releasing the remaining Epstein files “would be against the law.”
“Why don’t you just release everything?”
“That would be against the law.”
Epstein Survivors at Blanche Hearing

Schiff: Who rejected the 25 defenses the IRS had to this sham lawsuit?
Who rejected them? Who said we’re just going to go with the president’s agreement and the slush fund?
Blanche: There was a lot of discussion internally.
Schiff: But you made the decision?
Blanche: We made the decision to settle the case, yes.

@DAGToddBlanche officially excusing cop assailants who invaded Congress, and yet the GOP is too cowardly to refuse this man who coddles criminals.
Charges officially dropped against Dominic Pezzola, the man who ignited the breach of the Capitol building with this stolen riot shield.

EVERY SINGLE Republican voted to merge the U.S military with Israel.
Republicans are America last

Trump says we can’t afford to fund healthcare because we’re fighting wars. Thanks for saying the quiet part out loud. America has the money. The question is who they think deserves it. Nearly 8 million Americans have already lost coverage since 2025. #FundHealthcareNotWars

Republicans have been attacking Social Security and Medicare for decades. They cut taxes on the rich to bankrupt us and the pretend we’re broke while they spend billions on unnecessary wars.
Time to #FundHealthcareNotWars

Federal correctional officer charged with sexual abuse of inmate:
“Sexual abuse will be met with federal charges throughout our society; it has no place anywhere and victims deserve protection everywhere,” said U.S. Attorney Jay Clayton.
@NewYorkFBI @JusticeOIG @OfficialFBOP

This is why Trump HATES @ossoff: He’s too good at this.
OSSOFF: Did the President pardon a man who worked with the Sinaloa Cartel to facilitate massive narco trafficking into the US?
CLAYTON: Word Salad… He was a convicted narco trafficker.
OSSOFF: Did the President of the United States pardon a convicted narco trafficker?
CLAYTON: Yes.

Actor Richard Gere on Trump: “He’s a rogue personality who’s destroyed so much. He’s hurt so many people and he’s caused so many deaths. But it will be over. He’s an old man. He’s a damaged personality. You can see he must’ve had a horrible childhood to be the man that he is now”

BREAKING: Treasury Secretary Scott Bessent says all gold at Fort Knox is present and accounted for, with U.S. gold reserves now worth over $1 TRILLION. Then fucking show us. Independent audit – 1 year of interest payments on the debt.

President Trump is expected to meet with U.S. senators on Thursday to negotiate the Clarity Act’s ethics rules. The talks will focus on a provision that could restrict senior government officials, including Trump, from having personal crypto business interests.

Peter Schiff delivered one of his most revealing Bitcoin posts in years on Tuesday, admitting for the first time publicly that he regrets not buying Bitcoin when he first learned about it, A rare admission “Many people, myself included, regret not buying Bitcoin when they first learned about it,” Schiff wrote on x. The concession was brief and quickly redirected. “Soon, more people will regret not selling Bitcoin above $60,000 when they had the chance,” he added.
https://x.com/PeterSchiff/status/2076804120300732897

ESSAY
Stanley Druckenmiller on how he lost $3 billion during the early 2000s tech bubble

He bought $6 billion of tech stocks right around the peak, and got cut down in half within the span of just six weeks.
Essay – So, I’ll never forget it. January of 2000 I go into Soros’s office and I say I’m sellingall the tech stocks, selling everything. This is crazy at 104 times earnings. This is nuts. Just kind of as I explained earlier, we’re going to step aside, wait for the net fat pitch. I didn’t fire the two gun slingers. They didn’t have enough money to really hurt the fund, but they started making 3 percent a day and I’m out. It is driving me nuts. I mean their little account is like up 50 percent on the year. I think Quantum was up seven. It’s just sitting there.
So like around March I could feel it coming. I just – I had to play. I couldn’t help myself. And three times during the same week I pick up a phone, don’t do it. Don’t do it. Anyway, I pick up the phone finally. I think I missed the top by an hour. I bought $6 billion worth of tech stocks and in six weeks I had left Soros and I had lost $3 billion in that one play. You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basket case and couldn’t help myself. So, maybe I learned not to do it again. but I already knew that.

BITCOIN

@dotkrueger Everybody is over-complicating this.
✅ buy bitcoin. HODL.
❌ buy call options on bitcoin
❌ buy call option spreads on bitcoin
❌ buy bitcoin and sell call options for yield
❌ buy and sell bitcoin based on TA
❌ buy and sell bitcoin based on “slow stochastics”
❌ buy and sell bitcoin based on “4 yr cycles”
❌ buy bitcoin in a tax inefficient c corp with debt
❌ buy bitcoin and issue pref shares in c corp
❌ buy real estate and use the cash flows to buy Bitcoin
❌ buy portfolio of cash positive biz and buy Bitcoin

Bitcoin Plebs Defending The Network (BIP-110)

Beautiful video from NO ONE on YouTube
BIP110 gets adopted or Bitcoin fails, an off-grid pleb miner’s perspective

CRYPTO

Alibaba has always been a Chinese asset infiltrating US data and government officials like Bill Hinman.
Remember, Dalia’s husband is David Blass who is partner at Simpson Thacher and was standing next to Jack Ma and Bill Hinman at the Alibaba IPO.
Alibaba Graup David W. Blass Partner
900 G Street, NW
Washington, D.C. 20001
-While at Ropes & Gray, Dalia was also deeply involved with numerous SEC rulemakings, including the liquidity risk management….

SITUATION DETECTED: Anthropic has disclosed to the U.S. Government that Alibaba executed the largest known distillation attack on Claude to date, generating 28.8 million exchanges through nearly 25,000 fraudulent accounts between April and June 2026.

Japan’s SBI Shinsei Bank will let customers convert a portion of their deposit interest into $BTC, $ETH, or $XRP, launching as a pilot on June 10.

ESSAY

James Lavish @jameslavish Jan 14
Most people have never heard of the Cantillon Effect.
But once you understand it, you’ll see the world of investing differently.

What is it?

In the early 1700s, Richard Cantillon noticed a simple pattern:
When new money enters an economy, it doesn’t reach everyone at once.
And whoever gets it first benefits the most.

Here’s how it works today:

New liquidity enters through the Fed and through bank lending.
Both follow a similar pattern:

→ Markets and large balance sheets get first access
→ Large corporations and well-connected borrowers tap cheap credit next, they invest and expand at today’s prices
→ Asset prices tend to rise as new liquidity chases finite assets
→ Consumer prices often follow
→ Wages rise last, usually after purchasing power has already declined

Fed data shows how lopsided the playing field is:
– The top 10% hold nearly 90% of equities.
– The bottom 50% holds about 1%.

It’s a simple but powerful monetary transmission.

Understanding this won’t change the system.
But it might change how you think about where to store your savings.

For those of you who don’t know, I write all about topics like this every week in The Informationist. Last week, we dove deep on this one.

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