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BITCOIN

STRC IS THE GREATEST CAPITAL MIGRATION EVENT IN HISTORY
STRC returns 11.5% annually with dividends paid monthly.
Your HYSA pays 4%.
Your bond fund pays 5% and lost you 12% in 2022.
100% of STRC proceeds become Bitcoin.
Normies don’t need to understand Bitcoin.
They need to understand YIELD.
The world doesn’t know it yet but the ultimate end game for Strategy is to compete with nation states for yield-seeking investors who want a safe way to store their capital. 
Stripping volatility out of bitcoin creates a product that retail, retired folks, companies, countries can get a rate of return in real collateral.
You are not early. You are FIRST. $STRC $MSTR

Washington-based think tank Cato Institute criticizes Bitcoin’s tax treatment in the US, arguing that the current system makes it impossible to use BTC for everyday payments, as it puts an excessive administrative burden on citizens.

Morgan Stanley’s Bitcoin ETF attracts $100M in its first week.

Henry Paulson: US DEBT CRISIS BOND CRASH

The man who helped the US economy recover from the 2008 financial crisis is now warning of something far worse. Bloomberg
Henry Paulson Says US Should Prepare for a ‘Vicious’ Bond Crash
Same guy who said that if we didn’t give the banks $700 billion in 2008 it would lead to a financial collapse and martial law.

Former Treasury Secretary Henry Paulson says a US debt crisis is coming. He says when the Fed becomes the only buyer of Treasuries and yields keep rising, the system breaks.
Unlike 2008, the government won’t have the fiscal resources to bail itself out this time. $39 trillion in US government debt, Rising yields making it more expensive to service. The only option left is printing more money to pay off old debt with new debt. Every dollar printed devalues the ones already in your pocket. Bitcoin has a fixed supply of 21 million. No one can print more, No central bank can debase it, No government can inflate it away to cover its own spending. When the people who managed the last crisis are warning about the next one, one should pay attention to what sits outside the system entirely: BITCOIN.

Clarence Thomas

Clarence Thomas gave Trump immunity for attempting a coup that Ginni Thomas helped plan. Sascha Riley accuses Trump of abusing him when he was a child. Riley says Clarence Thomas and other politicians attended these trafficking parties. Riley has publicly accused them for years, never been sued.

The original sin was failing to send Donald Trump to prison for the rest of his life for mounting a violent coup to overthrow the election of 2020.
-David Frum

NPR

Connie Ballmer, a one-time NPR foundation trustee and the wife of former Microsoft CEO Steve Ballmer, is donating $80 million in a record gift from a living donor.

INTERNET

As major news outlets cut off the Wayback Machine, journalists and advocacy groups are rallying to protect the Internet Archive’s vast collection of web pages.
As a society, we will greatly regret not having made multiple, independent copies of Internet Archive, letting it all rest in the hands of one organization.

SOFTWARE

The key insight most people miss: for every $1 spent on software, ~$6 is spent on services.
The entire SaaS playbook was about capturing the software dollar. The AI playbook is about capturing the services dollar — at software margins.

Not “AI for accountants.” The AI accounting firm.
Not “AI for lawyers.” The AI law firm.

The companies that figure this out won’t look like SaaS companies. They’ll look like services firms rebuilt on software infrastructure.

That’s a fundamentally different company to build, fund, and scale. And most founders are still building copilots.

DEMOCRATS FAIL AGAIN

The senior old out of touch conservatives folks who rule over the Democrat machinery and take our votes for granted do not understand how the  world operates today. It isn’t million dollar ads on TV just before elections that will win this fight. They are so out of touch. Democrat voters are sick of them and their power and bad decisions. They have to get out of the way. Progressives will get the vote, that’s who the democrat voters want. They always wanted Bernie and AOC.

The US is quietly on a wartime footing for a much bigger conflict.
Auto-enrolling Gen Z in the draft. Asking Ford to build bombs. Renaming the Pentagon the Department of War.

BREAKING: The House just failed to end Trump’s Iran war by ONE vote.
213-214.
One fucking Democrat.
Jared Golden of Maine.
That’s it. That’s the margin.
One Democrat crossed the aisle and gave Trump the war.

New Jersey: Democrat Analilia Mejía has won the special election to replace Gov. Mikie Sherrill.

Trump’s Budget Director Russ Vought just REFUSED to tell me
( Senator Ms. Murray ) how much of YOUR taxpayer dollars Trump has already spent on his war of choice with Iran. That’s outrageous. It’s literally his job to know, and the American people deserve answers!

Primary the AIPAC whores out of office.
36 Senators vote to block $150M of 1000-lb bombs to Israel.
Another record high, after 40 voted to block bulldozers.

Blumenthal, Coons, Cortez Masto, Fetterman, Gillibrand, Peters, Reed, Rosen, Schumer, Warner, and Whitehouse voted with Republicans.

These are the Democrats who just voted to keep sending weapons to Israel:
Michael Bennet, Richard Blumenthal, Cory Booker, Maria Cantwell, Chris Coons, Catherine Cortez Masto, John Fetterman, Kirsten Gillibrand, Maggie Hassan, John Hickenlooper, Alex Padilla, Gary Peters, Jacky Rosen, Adam Schiff, Chuck Schumer, Mark Warner, Ron Wyden.

40 of them signed a letter this week expressing alarm over children starving in Gaza.
Only 27 voted to actually stop the weapons.
They’ll sign the letter.
They won’t cast the vote.
Screenshot this. Remember their names.

This is about the illegal & immoral actions of Netanyahu’s government, which are indefensible.

ESSAY

Sama Hoole
@SamaHoole

The Flexner Report

In 1900, John D. Rockefeller controlled approximately 90 percent of all petroleum refining in the United States. He was, by some calculations, the richest private individual who had ever lived.

He had a problem. Scientists were discovering that compounds derived from coal tar, a petroleum byproduct, could be used as synthetic medicines. Aspirin, derived from coal tar, had been launched by Bayer in 1899. The petroleum waste stream Rockefeller had previously had to dispose of could now be sold back to the public as medicine at a markup of roughly 10,000 percent.

He had another problem. American medicine in 1900 was a competitive ecosystem of homeopaths, herbalists, naturopaths, osteopaths, midwives, and traditional doctors who used food, plants, water, and lifestyle as the primary tools of healing. Approximately half of all American medical schools taught some form of natural or alternative medicine.

Rockefeller bought into the German pharmaceutical industry, eventually taking a substantial stake in IG Farben, the conglomerate that included Bayer, BASF, and Hoechst. He then commissioned a report.

The report was written by Abraham Flexner, an educator with no medical training, funded by the Rockefeller and Carnegie Foundations, and published in 1910. It declared that natural and alternative medical schools were unscientific quackery. It recommended the closure of more than half of all American medical schools and the standardisation of the rest around medicine based on synthetic patented drugs.

Congress acted. Half of American medical schools closed within a decade. The remainder accepted Rockefeller and Carnegie funding on the condition that their curricula be reorganised around pharmaceutical treatment. Nutrition was removed. Herbal medicine was removed. Lifestyle intervention was removed. The doctor’s job was redefined: diagnose the symptom, prescribe the drug.

The drugs were petroleum-derived. The petroleum was supplied by Rockefeller-controlled refineries. The medical schools were funded by Rockefeller. The journals were funded by Rockefeller. The AMA was supported by Rockefeller. The hospitals were funded by Rockefeller.

By 1925, the American medical system was a vertically integrated extension of the petroleum industry, operating under the marketing slogan that it was scientific.

This is the system that exists today.

The pharmaceutical industry generates approximately $1.5 trillion in annual revenue. The American population, 4 percent of the global total, consumes approximately 50 percent of all pharmaceuticals manufactured.

The system was not designed to make people healthy. The system was designed to manage symptoms in a way that produces lifetime customers. A healthy patient is a former customer. A managed patient, who takes the pill every day for the rest of their life, is an annuity.

The objective has always been to keep you in that profitable corridor between healthy and dead.

Long enough to keep buying. Not so well that you stop.

The doctor who advises you to fix your metabolism by changing your diet is, from the point of view of the system that trained him, a defective product. The doctor who prescribes you a statin, a metformin, an antidepressant, and a blood pressure medication for life is performing exactly as designed.

The system was designed by an oil baron who needed to sell the waste products of his refineries.

It still functions, 116 years after the Flexner Report, exactly the way he designed it.

You are the customer.

The corridor is where you live.

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