Thanks for dropping in. I’ll just link from the column.
“We are still looking at the legal and constitutional ramifications. As a first pass, it’s worth noting that under Buckley v. Valeo and Citizens United v. FEC limitations on spending money raise First Amendment concerns because spending is necessary to support and communicate political speech.”
so this is pretty funny. Some online user of Tornado Cash is sending Eth to publicly known addresses of crypto influencers and celebrities. According to the sanctions anyone interacting with TC is in violation, even if you’re just receiving unsolicited funds.
Some of them.
Here’s a good breakdown of the legal implications. To me, it looks like it can be constitutionally challenged. That will obviously take a while to shake out.
So $30B in deficit reduction per year. Will not have a huge impact from that standpoint imo. The big unknown wrt inflation is how much will accelerated move to alternative energy affect energy prices in the months and years ahead.
So if that’s the case, why would 60 minutes run this and promote it?
They know that will be the response, so why run it? They could’ve edited it heavily. They still try to shape public opinion.
My guess is that we’re not going to be providing as much assistance going forward. This is part of building a broad justification for not continuing, given that we said we would keep doing it.
A couple things.
Turner is my favorite to win.
The Julie “virtual hug” two years into the pandemic, for people that have tested negative and then been quarantined since is the ultimate cringe. Bizarre.
I mean, imagine applauding the taxman getting more money to harass people. The real way to make more money is to change the code like the carried interest loophole, but that miraculously got saved. Wouldnt need an $80B expansion of the IRS to benefit from that, but gosh I guess it didn’t work out.
GGWP