4 ms·

Reported. It'll be amended soon after the statisticians get fired and yes-men get put in.

by bradhe 1y ago

tencentshill 1y ago
Current treasury head is Scott Bessent, previously of Soros Fund Management and Key Square Group. He's far too qualified to be part of this administration. Expect him gone soon.
- gausswho 1y ago
  [flagged]
  - duxup 1y ago
    [flagged]
  - treetalker 1y ago
    [flagged]
- NomDePlum 1y ago
  He's been in place since January so that suggests he's sticking about. During that time he's been actively campaigning for policies that are questionable but highly aligned with this administration: BBB, crypto, interest rate cuts. So qualified or not I can't see your prediction coming true. Money men on the inside of this administration are only going to make money, why make waves even if it makes normal Americans poorer. That's been happening since Reagan.
  - throw0101c 1y ago
    > He's been in place since January so that suggests he's sticking about. Since January there have been 4 Acting Commissioners of the IRS, then Billy Long was confirmed, but was kicked out after ~2 months, and now Scott Bessent (also Treasury Secretary) is Acting head: * https://en.wikipedia.org/wiki/Commissioner_of_Internal_Revenue https://en.wikipedia.org/wiki/Commissioner_of_Internal_Reven...
- voldacar 1y ago
  Taking bets?
- OgsyedIE 1y ago
  He's said on Fox Business today that on the basis of whatever agreements have been made in Alaska the US now considers the public and private holdings of its European allies + Japan to be part of an American sovereign wealth fund that can be expropriated whenever some cash is needed. Either he's lying about that or he has guaranteed a position as Trump's number one favourite after Lighthizer.
  - deleted 1y ago
    [deleted]
  - Iwan-Zotow 1y ago
    So Putin and Trump to agree in Alaska to loot public and private holdings of US European allies + Japan? And what would Putin get?
    - OgsyedIE 1y ago
      Besides the land and a return to the unjust peace Russia previously enjoyed it's obviously in the Kremlin's interest to have further relegitimation of the notion of spheres of influence and a hedge against China.
  - jbm 1y ago
    I do not know why you are being downvoted as this is something I heard too and is quite serious. > Other countries, in essence, are providing us with a sovereign wealth fund,” he told commentator Larry Kudlow, himself a top economic adviser in the first Trump term. “We have these agreements in place where the Japanese, the Koreans and to some extent the Europeans will invest in companies and industries that we direct them, largely at the president’s discretion.”
    - OgsyedIE 1y ago
      Yeah, the core becomes the new periphery. Unless a significant rebellion in Europe, freight supply chain collapse or war with China happens, the existing payment infrastructure will eventually become colonial clearinghouses and governors-general will be appointed over the territories. If nothing interrupts it it'll probably take up to ten years for a full implementation of new policing structures. Freedom-minded technology orgs like Wikimedia Foundation, Packet Clearing House, Internet Archive, ISOC, the EFF and the Free Software Foundation will not have anywhere to go to escape the net.
- dzink 1y ago
  From his bio on wikipedia he was most successful betting against currencies at Soros but had little to no success with his own ventures.
- mandeepj 1y ago
  > He's far too qualified to be part of this administration Is he using his qualifications, though, or, for real, does he have any? I thought he'd be the sane and reasonable voice in this otherwise incompetent administration. But, he's just another yes-man. Have you listened to his Senate hearing? He couldn't give any concrete response. Well, he wrote a wallstreet journal article to kiss T's as* and openly admire Tariffs and tax cuts to get his job. While earlier tax cuts and the big ugly bill collectively added $8T to the national debt.

Reported. It'll be amended soon after the statisticians get fired and yes-men get put in.

by bradhe 1y ago

Reported. It'll be amended soon after the statisticians get fired and yes-men get put in.

Current treasury head is Scott Bessent, previously of Soros Fund Management and Key Square Group. He's far too qualified to be part of this administration. Expect him gone soon.

gausswho 1y ago
[flagged]
- duxup 1y ago
  [flagged]
- treetalker 1y ago
  [flagged]
NomDePlum 1y ago
He's been in place since January so that suggests he's sticking about. During that time he's been actively campaigning for policies that are questionable but highly aligned with this administration: BBB, crypto, interest rate cuts. So qualified or not I can't see your prediction coming true. Money men on the inside of this administration are only going to make money, why make waves even if it makes normal Americans poorer. That's been happening since Reagan.
- throw0101c 1y ago
  > He's been in place since January so that suggests he's sticking about. Since January there have been 4 Acting Commissioners of the IRS, then Billy Long was confirmed, but was kicked out after ~2 months, and now Scott Bessent (also Treasury Secretary) is Acting head: * https://en.wikipedia.org/wiki/Commissioner_of_Internal_Revenue https://en.wikipedia.org/wiki/Commissioner_of_Internal_Reven...
voldacar 1y ago
Taking bets?
OgsyedIE 1y ago
He's said on Fox Business today that on the basis of whatever agreements have been made in Alaska the US now considers the public and private holdings of its European allies + Japan to be part of an American sovereign wealth fund that can be expropriated whenever some cash is needed. Either he's lying about that or he has guaranteed a position as Trump's number one favourite after Lighthizer.
- deleted 1y ago
  [deleted]
- Iwan-Zotow 1y ago
  So Putin and Trump to agree in Alaska to loot public and private holdings of US European allies + Japan? And what would Putin get?
  - OgsyedIE 1y ago
    Besides the land and a return to the unjust peace Russia previously enjoyed it's obviously in the Kremlin's interest to have further relegitimation of the notion of spheres of influence and a hedge against China.
- jbm 1y ago
  I do not know why you are being downvoted as this is something I heard too and is quite serious. > Other countries, in essence, are providing us with a sovereign wealth fund,” he told commentator Larry Kudlow, himself a top economic adviser in the first Trump term. “We have these agreements in place where the Japanese, the Koreans and to some extent the Europeans will invest in companies and industries that we direct them, largely at the president’s discretion.”
  - OgsyedIE 1y ago
    Yeah, the core becomes the new periphery. Unless a significant rebellion in Europe, freight supply chain collapse or war with China happens, the existing payment infrastructure will eventually become colonial clearinghouses and governors-general will be appointed over the territories. If nothing interrupts it it'll probably take up to ten years for a full implementation of new policing structures. Freedom-minded technology orgs like Wikimedia Foundation, Packet Clearing House, Internet Archive, ISOC, the EFF and the Free Software Foundation will not have anywhere to go to escape the net.
dzink 1y ago
From his bio on wikipedia he was most successful betting against currencies at Soros but had little to no success with his own ventures.
mandeepj 1y ago
> He's far too qualified to be part of this administration Is he using his qualifications, though, or, for real, does he have any? I thought he'd be the sane and reasonable voice in this otherwise incompetent administration. But, he's just another yes-man. Have you listened to his Senate hearing? He couldn't give any concrete response. Well, he wrote a wallstreet journal article to kiss T's as* and openly admire Tariffs and tax cuts to get his job. While earlier tax cuts and the big ugly bill collectively added $8T to the national debt.