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BREAKING – The Supreme Court has just ruled that the incoming Trump Administration cannot display a nativity scene at the White House. This wasn’t for any religious reasons. They couldn’t find three wise men and a virgin.
101,895.00 USD +665.59 (+0.66%) Friday, 1:43 PM EST
The U.S. Can Support Democracy and Human Rights Through Bitcoin
In our latest policy brief, we delve into why the United States should champion Bitcoin as a tool for freedom, human rights, and democracy, especially amidst the global rise of authoritarianism.
By embracing Bitcoin, the United States has an opportunity to promote democratic values, protect fundamental freedoms, and empower individuals worldwide.
Jimmy Song: We’re at that point in the cycle when Bitcoiners are going on mainstream shows. Which means we’re just getting started.
MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg
later this month on December 23.
$MSTR is likely to be added to $QQQ on 12/23 (w/ announcement coming 12/13).
“MicroStrategy will likely enter the Nasdaq 100 Index on Dec. 23, and we expect net buying of at least $2.1 billion in shares by ETFs to follow, equal to about 20% of daily volume,” Seyffart explained. “Joining the S&P 500 will be tougher because of a lack of profit, though an accounting-rule change surrounding Bitcoin valuations could make MicroStrategy eligible in 2025.”
Net buying of $2.1 billion would be an added boost to MSTR, which has already outperformed most major stocks and also bitcoin this year — up 450% year-to-date at the time of writing. MSTR, powered by its relentless bitcoin acquisition strategy, has seen its stock skyrocket to a new all time high this year for the first time since March 10, 2000.
MSTR has already acquired over 170,000 bitcoin since announcing its plans to raise $42 billion to purchase more BTC in late October.
French Hill, the newly elected chairman of the U.S. House of Representatives Financial Services Committee, said that establishing a digital asset regulatory framework in the next 100 days will be his top priority. He plans to promote bills related to stablecoins and market structure, and criticized Gary Gensler’s law enforcement on cryptocurrencies. Regarding the establishment of strategic Bitcoin reserve, Hill said that its value to the United States needs to be further evaluated.
Bitcoin Suisse, one of the oldest cryptocurrency providers in Europe, released a report predicting that the price of Bitcoin is expected to exceed US$180,000-200,000 in 2025; Ethereum staking ETF has great potential to surpass Bitcoin ETF; the total market value of altcoins is expected to increase 5x in the first half of 2025.
Chapter 2 of the 1994 book, “The Creature From Jekyll Island,” is titled “The Name of the Game is Bailout.”
“An evil man will burn his own nation to the ground to rule over the ashes.”
Sun Tzu
What do billionaires really want with the government?
Deregulation—so they can do whatever they want with no accountability.
Tax breaks—so they can line their pockets even more.
Cutting programs—to pay for their tax breaks.
And it all adds up to screwing over working people.
Trump’s Rage at FBI Takes Dark Turn as GOPers Signal They Won’t Resist
As Trump’s threats to target enemies intensify and Republicans reveal they won’t stand in his way, a sharp observer of MAGA explains why we can’t let Trump’s revenge tour erase the truth and replace it with lies.
Missouri introduces ‘Donald Trump’ bill that makes it legal for people with felonies to run for office
New legislation would repeal a 2015 law that prevents those who were found guilty or pleaded guilty to a felony from running for local or statewide office
Will Google be next to try buy off Trump?
If Google — currently embroiled in antitrust actions — gives a big
donation to Trump’s inaugural, as Meta and Amazon have done, there’s
going to have to be a very serious conversation about next steps.
Matching Meta, Amazon plans million dollar donation to Trump’s inaugural fund
The Trump 2.0 Reality show is scripting itself.
SEC charges Cantor Fitzgerald, led by Trump’s Commerce pick, with breaking securities laws. The SEC said that Cantor agreed to settle the case by saying the firm would not violate the relevant securities laws again and pay a $6.75 million civil penalty.
https://www.cnbc.com/2024/12/12/sec-cantor-fitzgerald-charges-howard-lutnick-trump-commerce-spac-.html
@caslernoel
I’m old enough to remember when Trump raised over 100m for his first inauguration and most of it went missing. He doesn’t even need a Tom Barrack or a Vanky this time. He has direct deposit.
Democrats have proven themselves to be morally corrupt hypocrites.
Biden’s commuting the sentence of this disgraced Pa judge is a big mistake.
The judges were convicted of accepting millions in kickbacks in exchange for populating for-profit juvenile prisons with offenders whose sentences were often disproportionate to their crimes.
The scheme involved a former Drums attorney, Robert Powell, paying $770,000 to Ciavarella and Conahan, who in turn funneled juvenile defendants to two private, for-profit detention centers Powell partly owned.
It’s one of the worst judicial corruption scandals in juvenile justice history in this country. This man was accepting cash “kickbacks” for sentencing kids to a for profit prison.
This is the guy featured in Michael Moore’s movie Capitalism and he was on home arrest- so why the commutation?
Yahoo laid off around 25% of its cybersecurity team, known internally and in the industry as “The Paranoids,” in the last year.
Company let go ~40 people out of ~200, according to multiple current and former Yahoo employees.
https://techcrunch.com/2024/12/12/yahoo-cybersecurity-team-sees-layoffs-outsourcing-of-red-team-under-new-cto/
HEALTH
RFK, Jr.’s lawyer asked the FDA to revoke approval of the POLIO vaccine, and more https://www.nytimes.com/2024/12/13/health/aaron-siri-rfk-jr-vaccines.html
The Ohio Supreme Court has nullified the $650 million judgement that multiple counties won against Big Pharma over the opioid crisis.
The court ruled that the state’s product liability law prohibits counties from bringing public nuisance claims against pharma corporations.
—> One reason people insist that you use the proper channels to change things is because they have control of the proper channels and they’re confident it won’t work – @joncstone
A bill to break up UnitedHealth, CVS, Cigna and more has been introduced by a bipartisan group of U.S. senators and representatives. The legislation would force insurers to sell their pharmacy businesses.
One critic said UnitedHealth Group chief executive Andrew Witty should “resign and then dedicate every dollar he has to dismantling the current system brick by brick and building one based on public health in its stead.”
Reforming healthcare, one 401K lawsuit after another
BREAKING: UnitedHealth To Pay $69M In Suit Over 401 (k) Fund Roster
By Emily Brill
UnitedHealth Group has agreed to pay $69 million to settle a class action claiming it included low-performing investment options in its 401 (k) plan to preserve its business relationship with Wells Fargo, according to a filing Friday in Minnesota federal court. Memorandum attached I Read full article
“Private equity has stakes in over 29% of all methadone clinics…” The big picture: Private equity has stakes in over 29% of all methadone clinics, which is higher than its penetration in other health-care sectors. The largest provider, Acadia Health, previously was owned by private equity before going public and remains chaired by that firm’s founder and managing partner.
@BiellaColeman Collecting material on Luigi for an academic piece while battling
@ExpressScripts for denying me paxlovid while sick as a dog with covid is very motivating. Guess what? They denied the rx though I’m eligible on the 23. If you have any awful @ExpressScripts stories feel free to share here.
There are many here
NEW: A Byte Federal data breach exposed the information of 58,000 #Bitcoin ATM users.
Kosovo suspects arrested on Western Pa. charges in alleged cybercrime operation
Democratic Rep. Dylan Wegela has just introduced a bill into the Michigan House of Representatives to raise the minimum wage for all workers to at least $20 an hour by 2030.
William Donelson @donelson52
Thats right. *YOU* ARE THE CRASH TEST DUMMY NOW
https://rawstory.com/tesla-self-driving-2670448285/
“Trump to end vehicle safety rule opposed by Elon Musk’s Tesla”
Killing the crash-reporting requirement opposed by Musk’s Tesla, which has accounted for 40 of 45 fatal crashes involving automated-driving systems #GOPtraitors #Trump #Russia #Putin #MuskRat
GA: Voucher Program Blowing Up Real Fast
Boom! Georgia’s taxpayer-funded school voucher program turns out to be not so much “generous” as “huge.” And all because reading is hard.
Georgia passed a law to create vouchers and a whole government agency to watch over them. Rural Republicans fought back hard, but in the end it was signed into law last March.
Sarah Jessica Parker Is Exec-Producing Sundance Doc ‘The Librarians’
What are the odds of a Bitcoin Strategic Reserve?
@ChrisSaintau The odds are becoming zero.
The Texas House of Representatives is being informed that all the federal laws involved, make it unlawful for states to make Bitcoin Strategic Reserves because strategic reserves will expedite Hyperbitcoinization which is aiding and abetting the making of competitive money to the U.S. dollar.
It’s a federal crime, punishable by imprisonment.
Federal law prohibits any state from creating money or reserves other than based on gold or silver.
Article I, Section 10, Clause 1:
“No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”
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