HAPPY THANKSGIVING 2025
Oct/3/1863 President Abraham Lincoln issued a proclamation:
Americans, “set apart & observe the last Thursday of November as a day of Thanksgiving & Praise to heal the wounds of the nation & restore it to the full enjoyment of peace, harmony, tranquility & Union.”
THE TOP 1%
→ The top 1% increased their wealth to $52 trillion.
You cannot have a functioning economy when so few people at the top hold so much of the nation’s wealth. It’s not sustainable.
→BlackRock CEO Larry Fink on stage at a major conference just dropped the mask:
Watch the Video
https://video.twimg.com/amplify_video/1993541958631899136/vid/avc1/320×568/YeknUR_fEwxfOQn5.mp4
Camus @newstart_2024
He called both gold and Bitcoin “assets of fear” – things you only buy when you’re scared of currency debasement, financial instability, or even “physical insecurities.”
Then, in the same breath, he got visibly excited about the real future: tokenizing BlackRock’s entire $5.3 trillion ETF empire (and eventually all financial assets) onto blockchain.
His exact vision:
– Every stock, bond, and fund sitting on “a singularity of a blockchain”
– You hold everything in a digital wallet
– Swap instantly from stablecoins <-> bonds <-> stocks <-> cash with virtually no fees and no middlemen
– “This is going to happen sooner, not later.”
Watch him say it himself https://video.twimg.com/amplify_video/1993541958631899136/vid/avc1/320×568/YeknUR_fEwxfOQn5.mp4
Critical reality check:
The same Larry Fink who dismissed Bitcoin as an “index of money laundering” a few years ago, whose firm owns massive stakes in nearly every S&P 500 company, sits at the heart of the WEF’s corporate network, and manages $11.5+ trillion, now wants to control the rails of the tokenized financial system.
Decentralization in theory, BlackRock custody in practice?
The biggest asset manager on earth becoming the plumbing owner of the next financial era isn’t exactly the “trustless” future many early crypto believers had in mind.
You tell me – revolution or the most elegant power grab ever dressed up as innovation?
(No investment advice, just verbatim quotes from a public conference appearance)
Crypto Corruption
→ Tether, “The Stable Company” just saw S&P cut its assessment rating from 4 to 5 – the lowest rating possible – citing persistent gaps in disclosure and high risk assets being held in its reserves.
Only in crypto would the bedrock stablecoin of crypto trading be viewed as so fundamentally risky. S&P notes
– high risk reserve assets
– persistent gaps in disclosure
– lack of robust regulatory framework
– no asset segregation
– limitations on primary redeemability
→ Calvin Ayre, a prominent financier of BSV,
a fork of bitcoin (BTC) that has lost 99% of its BTC value, is the subject of a new investigation by Tagesschau, a TV program of Germany’s largest public broadcasting network.
→ Trump, Crypto and a New Age of Corruption
Report on how Trump profits from crypto deals (World Liberty Financial, memecoins, Trump Media etc) and $ from foreign actors & corp interests, while regulations scale back, from @HouseJudiciary
https://democrats-judiciary.house.gov/sites/evo-subsites/democrats-judiciary.house.gov/files/evo-media-document/2025-11-24.hjc-dem-staff-report-trump-crypto-corruption-small_0.pdf
HEALTH
Medicare for All is the answer.
→ Australia just recorded zero cervical cancer cases in women under 25 – for the first time since records began in 1982. This is what happens when a country commits to HPV vaccination and screening. We protect our girls and save lives.
→ @RobertKennedyJr has unilaterally brought back both measles and whooping cough, killing at least 5 children since January. Every senator who voted to confirm this lunatic should resign.
MEANWHILE THIS ASSHOLE is TOTALLY okay with forever chemicals being sprayed on our food.
RFK Jr on WiFi “I think it degrades your mitochondria. And it opens your blood brain barrier.” Just gibberish He just makes stuff up to sound scientific But it’s absolute horseSHIT
→ Dr. Ralph Lee Abraham promoted discredited treatments like ivermectin and, as Louisiana’s surgeon general, halted the state’s vaccination campaign. He’s just been quietly promoted to second in command at the CDC.
→ Daryl Fairweather, PhD | Chief Economist @FairweatherPhD
The expiring Affordable Care Act subsidies have me worried about more than just healthcare—I’m concerned about the housing market.
Before becoming Redfin’s chief economist, my first job in economics was at the Boston Fed in 2009, at the height of the foreclosure crisis. My task was to call homeowners facing foreclosure and ask survey questions about how they ended up in that situation.
The answer I heard most often was they had an unexpected medical expense.
Without affordable insurance, a sudden illness forced families to choose between their health and their mortgage. Harvard researchers backed this up, finding that nearly half of foreclosures at the time were linked to medical issues.
If ACA subsidies expire, we risk returning to that reality. Families could face skyrocketing premiums or go uninsured entirely. When a medical emergency strikes, the out-of-pocket costs can be devastating—draining the funds needed to keep a roof over their heads.
When healthcare isn’t affordable, people have less money left over for other necessary expenses, like housing.
Let’s hope we find a way to keep healthcare affordable for Americans.
LAW
OpenAI says dead teen violated TOS when he used ChatGPT to plan suicide — OH YEAH, sure thing, doesn’t that kid know to read the terms and conditions? geeze…..
Facing five lawsuits alleging wrongful deaths, OpenAI lobbed its first defense Tuesday, denying in a court filing that ChatGPT caused a teen’s suicide and instead arguing the teen violated terms that prohibit discussing suicide or self-harm with the chatbot.
I mean really if the fucking president can’t be bothered to read the constitution then why should a kid read the TOS !@!!!
→ Blow for Trump as Supreme Court reinstates fired copyright chief
→ Nick Szabo @NickSzabo4 Nov 16
Anarcho-capitalism is a wonderfully abstract ideal that can inspire innovation. It helped inspire me to help invent cryptocurrency.
But real-world cryptocurrencies are not trustless — they are trust-minimized. Each cryptocurrency has a legal attack surface, representing the kinds of ways governments and/or private entities can practically use law to disrupt their operations. The layer 1 of a good trust-minimized cryptocurrency like Bitcoin can withstand much more interference than centralized technologies could or can, but the technology still has its limits.
The kinds of attacks that come from financial law have largely proven to be manageable, due to a combination of the trust-minimized (not trustless) technology, which requires diligent attention from developers motivated to keep it a trust-minimized form of money, and a large army of cryptocurrency industry lawyers who specialize in financial law.
The legal attack surface from arbitrary data is far larger and far less predictable. The crypto industry does not have the legal expertise to deal with it.
Thinking that Bitcoin, or any other cryptocurrency or blockchain protocol, is a magical anarcho-capitalist Swiss army knife that can withstand any kind of governmental attack in any legal area is insanity.
→ Brazil’s former President Jair Bolsonaro has started serving his 27-year prison sentence.
FUCKING ASSHOLE Merrick Garland says, “Perhaps Brazilian authorities rushed things. They needed to be more deliberate. “
→ The Epstein emails call Trump the “dog that hasn’t barked.” He’s silent because he knows what’s inside. It’s time to release the files.
→ Josh Gerstein @joshgerstein
BREAKING: 11th Cir. upholds $1M penalty on Trump & Habba for frivolous suit v. Hillary Clinton, Comey, DNC, etc. over Russia claims. ‘Trump & his attorneys committed sanctionable conduct,’ per Judge W. Pryor (GWB) w/Brasher (Trump) Kidd (Biden) Doc: https://storage.courtlistener.com/recap/gov.uscourts.ca11.80225/gov.uscourts.ca11.80225.251.1.pdf
→ DOJ said tonight that it was DHS Secretary Kristi Noem who made the call to proceed with the deportation of more than 100 Venezuelan men to El Salvador, despite a judge’s order seeking to block the transfer.
https://www.politico.com/news/2025/11/25/kristi-noem-made-call-to-hand-over-deported-men-to-el-salvador-doj-says-00669461
→ Sen. Elissa Slotkin @SenatorSlotkin
This idea of illegal orders is not hypothetical.
→ Joyce Alene @JoyceWhiteVance
Unavoidable conclusion: SCOTUS has put 1 man in America above the law & created a king. Not the first time a case has been decided wrong. The fix for democracy lies, as it did in Dred Scott, with fixing a broken decision. Hopefully this one won’t require a civil war.
The prosecutor appointed to replace Fani Willis in Georgia moved to dismiss the election fraud conspiracy case against Trump & others. Judge McAfee just granted that motion. Case over.
→ The DOJ is seeking sensitive voter data which it has no authority to collect, including driver’s license and partial Social Security numbers. This is part of a broader effort by the Trump administration to undermine Americans’ trust in our elections.
https://www.brennancenter.org/our-work/research-reports/tracker-justice-department-requests-voter-information
→ Smart meter data can reveal intimate details inside your home. A court just ruled police can’t run dragnet surveillance on that data.
https://www.eff.org/deeplinks/2025/11/victory-court-end-dragnet-electricity-surveillance-program-sacramento
→ Donald Trump should be in Prison for the rest of his life.



MUSK:
MORTGAGE PAYMENT
PRIVACY