March 12, 2023 Silicon Valley Bank (SVB) just went belly up and America’s ruling class choreographed a taxpayer-backed bailout of wealthy depositors consisting of venture capitalists, internet start-up speculators, climate change grifters, wine makers, woke activists and media giants such as Roku. This was done without Congressional approval. Our corporate overlords and Wall Street grifters […]
Bitcoin Challenges the Powers That Be
While the chattering classes are blathering about the racism of Dr. Seuss, the sexual harassment of Pepé Le Pew and the wokeness of Mr. Potato Head, a subterranean herculean battle is brewing over a new financial asset that could give the masses unprecedented power to prevent profligate governments from impoverishing them by printing money […]
GameShop Fiasco Shows the Ruling Class Grifters are Back
Well that didn’t take long. Just one week into the Biden presidency, America’s ruling class has put the hoi polloi in its place by bailing out a flailing hedge fund because a bunch of COVID-bored bloggers and small investors were about to push it into insolvency. First, some background. In May of 2020, the […]