Monty
@veldt.dev
Confused by BGP and fractional reserve banking.
Both McPherson v. Blacker and Bush v. Gore uphold that state legislatures have plenary power for federal elections.
The constitution literally says:
“Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors…”
The constitution literally says:
“Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors…”
January 9, 2026 at 5:47 PM
Both McPherson v. Blacker and Bush v. Gore uphold that state legislatures have plenary power for federal elections.
The constitution literally says:
“Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors…”
The constitution literally says:
“Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors…”
Y’all could’ve done this yesterday if you followed Trump’s tweets
January 9, 2026 at 4:28 PM
Y’all could’ve done this yesterday if you followed Trump’s tweets
It’s going to be subsidies for families when they purchase homes from corporate owners. Take some taxpayer money and shove it into blackrock’s pocket.
/remindme 6mo
/remindme 6mo
January 9, 2026 at 1:24 AM
It’s going to be subsidies for families when they purchase homes from corporate owners. Take some taxpayer money and shove it into blackrock’s pocket.
/remindme 6mo
/remindme 6mo
This also feels like more “not QE, QE” from Michael Howell, but this time by pillaging the GSEs for a $200b sugar high for a few months.
January 8, 2026 at 10:27 PM
This also feels like more “not QE, QE” from Michael Howell, but this time by pillaging the GSEs for a $200b sugar high for a few months.
Hedge funds (mostly Pershing) have a lot of (previously worthless) junior preferred shares.
This would increase the equity value of these companies using their (taxpayer/government) cash. So basically a value transfer to the hedge fund billionaires who supported his campaign.
This would increase the equity value of these companies using their (taxpayer/government) cash. So basically a value transfer to the hedge fund billionaires who supported his campaign.
January 8, 2026 at 10:25 PM
Hedge funds (mostly Pershing) have a lot of (previously worthless) junior preferred shares.
This would increase the equity value of these companies using their (taxpayer/government) cash. So basically a value transfer to the hedge fund billionaires who supported his campaign.
This would increase the equity value of these companies using their (taxpayer/government) cash. So basically a value transfer to the hedge fund billionaires who supported his campaign.
Worth also noting that hedge funds hold billions in Fannie Mae/ Freddie Mac.
Moving the market away from "cash-rich" institutions and back toward "mortgage-reliant" individuals creates a massive demand for the very mortgage-backed securities that a privatized Fannie and Freddie would profit from.
Moving the market away from "cash-rich" institutions and back toward "mortgage-reliant" individuals creates a massive demand for the very mortgage-backed securities that a privatized Fannie and Freddie would profit from.
January 7, 2026 at 7:45 PM
Worth also noting that hedge funds hold billions in Fannie Mae/ Freddie Mac.
Moving the market away from "cash-rich" institutions and back toward "mortgage-reliant" individuals creates a massive demand for the very mortgage-backed securities that a privatized Fannie and Freddie would profit from.
Moving the market away from "cash-rich" institutions and back toward "mortgage-reliant" individuals creates a massive demand for the very mortgage-backed securities that a privatized Fannie and Freddie would profit from.
This is not intended to help individuals. This will use regulation to “lock in” the supply of corporate-owned property, making those assets appreciate faster since you can’t purchase from anyone else.
100% there will also be tax breaks for blackrock to sell to individuals, ie a govt handout
100% there will also be tax breaks for blackrock to sell to individuals, ie a govt handout
January 7, 2026 at 7:40 PM
This is not intended to help individuals. This will use regulation to “lock in” the supply of corporate-owned property, making those assets appreciate faster since you can’t purchase from anyone else.
100% there will also be tax breaks for blackrock to sell to individuals, ie a govt handout
100% there will also be tax breaks for blackrock to sell to individuals, ie a govt handout
That specific vehicle was probably procured for use mainly along the southern border & in surrounding urban communities.
Reasonable that the procurement team wouldn’t have expected an ICE vehicle to do much off-roading in the snow 2 years ago.
Reasonable that the procurement team wouldn’t have expected an ICE vehicle to do much off-roading in the snow 2 years ago.
January 2, 2026 at 9:42 PM
That specific vehicle was probably procured for use mainly along the southern border & in surrounding urban communities.
Reasonable that the procurement team wouldn’t have expected an ICE vehicle to do much off-roading in the snow 2 years ago.
Reasonable that the procurement team wouldn’t have expected an ICE vehicle to do much off-roading in the snow 2 years ago.
Just a heads up! This link needs ‘www.’ at the beginning, or it throws a certificate error when you try to click it (since the SSL certificate is only issued for *.bls.gov)
January 2, 2026 at 9:30 PM
Just a heads up! This link needs ‘www.’ at the beginning, or it throws a certificate error when you try to click it (since the SSL certificate is only issued for *.bls.gov)
Yeah, I saw those as well.
Will export the raw data from nearby stations and work on this over the weekend, seems fun.
Will export the raw data from nearby stations and work on this over the weekend, seems fun.
December 5, 2025 at 4:15 AM
Yeah, I saw those as well.
Will export the raw data from nearby stations and work on this over the weekend, seems fun.
Will export the raw data from nearby stations and work on this over the weekend, seems fun.
Cool yeah would be interested if you find anything neat. I rummaged through IRIS and found a few small events at stations around 16:06UTC but nothing definitive, and I don’t know how to correlate an epicenter manually myself.
December 5, 2025 at 4:01 AM
Cool yeah would be interested if you find anything neat. I rummaged through IRIS and found a few small events at stations around 16:06UTC but nothing definitive, and I don’t know how to correlate an epicenter manually myself.
Hey @ai6yr.m.ai6yr.org.ap.brid.gy - do you mind checking if you can even still see those events? They’re missing from my view.
December 5, 2025 at 3:07 AM
Hey @ai6yr.m.ai6yr.org.ap.brid.gy - do you mind checking if you can even still see those events? They’re missing from my view.
The alert system is pretty awesome - quakes are detected + validated in seconds, and issue alerts that travel near light speed while the quake itself travels much slower.
BART is hooked into this system to apply brakes on trains prior to an earthquake hitting.
BART is hooked into this system to apply brakes on trains prior to an earthquake hitting.
December 4, 2025 at 4:20 PM
The alert system is pretty awesome - quakes are detected + validated in seconds, and issue alerts that travel near light speed while the quake itself travels much slower.
BART is hooked into this system to apply brakes on trains prior to an earthquake hitting.
BART is hooked into this system to apply brakes on trains prior to an earthquake hitting.
Based on relational algebra.
Languages change, math doesn’t.
Languages change, math doesn’t.
November 28, 2025 at 4:07 AM
Based on relational algebra.
Languages change, math doesn’t.
Languages change, math doesn’t.
Sorta - they negotiated down to €5m but still didn’t want to do it. Sorta a non-story here.
November 20, 2025 at 7:34 AM
Sorta - they negotiated down to €5m but still didn’t want to do it. Sorta a non-story here.
No. It’s Halloween weekend and people had other plans.
November 2, 2025 at 11:37 PM
No. It’s Halloween weekend and people had other plans.
Strong negative correlation with gold/real assets in the same time.
Market sees dollar devaluation and inflation pressures rising, so pivot to other stores makes sense.
Miran seems deadset on easing into stagflation
Market sees dollar devaluation and inflation pressures rising, so pivot to other stores makes sense.
Miran seems deadset on easing into stagflation
October 16, 2025 at 7:31 PM
Strong negative correlation with gold/real assets in the same time.
Market sees dollar devaluation and inflation pressures rising, so pivot to other stores makes sense.
Miran seems deadset on easing into stagflation
Market sees dollar devaluation and inflation pressures rising, so pivot to other stores makes sense.
Miran seems deadset on easing into stagflation
Unrelated, but the 13% headline expense ratio on BIZD is bonkers.
I know VanEck’s take is only like 0.50% and the rest is from the underlying AFFE, but crazy to see it broken out like that. That’s a lot of drag even if the BDC just breaks even on their actual loans.
I know VanEck’s take is only like 0.50% and the rest is from the underlying AFFE, but crazy to see it broken out like that. That’s a lot of drag even if the BDC just breaks even on their actual loans.
October 9, 2025 at 6:58 PM
Unrelated, but the 13% headline expense ratio on BIZD is bonkers.
I know VanEck’s take is only like 0.50% and the rest is from the underlying AFFE, but crazy to see it broken out like that. That’s a lot of drag even if the BDC just breaks even on their actual loans.
I know VanEck’s take is only like 0.50% and the rest is from the underlying AFFE, but crazy to see it broken out like that. That’s a lot of drag even if the BDC just breaks even on their actual loans.
The system can endure massive nominal debt as long as everyone believes in the money-goodness of it.
When some node (repo, private credit redemption, stablecoins) ceases to be accepted, the speed and opacity of NBFI linkages begins the collapse in the collateral plumbing.
Probably not consumer.
When some node (repo, private credit redemption, stablecoins) ceases to be accepted, the speed and opacity of NBFI linkages begins the collapse in the collateral plumbing.
Probably not consumer.
October 7, 2025 at 5:28 PM
The system can endure massive nominal debt as long as everyone believes in the money-goodness of it.
When some node (repo, private credit redemption, stablecoins) ceases to be accepted, the speed and opacity of NBFI linkages begins the collapse in the collateral plumbing.
Probably not consumer.
When some node (repo, private credit redemption, stablecoins) ceases to be accepted, the speed and opacity of NBFI linkages begins the collapse in the collateral plumbing.
Probably not consumer.
High equity and private-asset valuation are the collateral base of the shadow system right now.
When those marks reverse, leverage will collapse faster than traditional banking because there’s no deposit insurance or central bank available to back things up when optimism falters.
When those marks reverse, leverage will collapse faster than traditional banking because there’s no deposit insurance or central bank available to back things up when optimism falters.
October 7, 2025 at 5:24 PM
High equity and private-asset valuation are the collateral base of the shadow system right now.
When those marks reverse, leverage will collapse faster than traditional banking because there’s no deposit insurance or central bank available to back things up when optimism falters.
When those marks reverse, leverage will collapse faster than traditional banking because there’s no deposit insurance or central bank available to back things up when optimism falters.
David graeber explained the endgame best.
1. credit expansion
2. the abstraction & monetization of everything
3. inequality, rent extraction, and social strain
4. Crisis, moral delegitimization of debt, restructuring.
Repo chains are long now, and fall apart with one counterparty failure.
1. credit expansion
2. the abstraction & monetization of everything
3. inequality, rent extraction, and social strain
4. Crisis, moral delegitimization of debt, restructuring.
Repo chains are long now, and fall apart with one counterparty failure.
October 7, 2025 at 5:21 PM
David graeber explained the endgame best.
1. credit expansion
2. the abstraction & monetization of everything
3. inequality, rent extraction, and social strain
4. Crisis, moral delegitimization of debt, restructuring.
Repo chains are long now, and fall apart with one counterparty failure.
1. credit expansion
2. the abstraction & monetization of everything
3. inequality, rent extraction, and social strain
4. Crisis, moral delegitimization of debt, restructuring.
Repo chains are long now, and fall apart with one counterparty failure.
There’s money creation coming from everywhere, even NBFI
Elevated valuations raisingthe collateral base of firms/funds allowing margin extension. Euphoria easing credit, lowering funding costs and raising debt issuance, making rollovers easy. Cross-leverage between debt and equity positive loop.
Elevated valuations raisingthe collateral base of firms/funds allowing margin extension. Euphoria easing credit, lowering funding costs and raising debt issuance, making rollovers easy. Cross-leverage between debt and equity positive loop.
October 7, 2025 at 5:16 PM
There’s money creation coming from everywhere, even NBFI
Elevated valuations raisingthe collateral base of firms/funds allowing margin extension. Euphoria easing credit, lowering funding costs and raising debt issuance, making rollovers easy. Cross-leverage between debt and equity positive loop.
Elevated valuations raisingthe collateral base of firms/funds allowing margin extension. Euphoria easing credit, lowering funding costs and raising debt issuance, making rollovers easy. Cross-leverage between debt and equity positive loop.