Drudge Retort: The Other Side of the News

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corky

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Sunday, September 15, 2024

Quinta Jurecic: The conservative justices created so many avenues for challenge and confusion that the Court functionally collaborated in Trump's strategy of delay. read more


Maggie Harrison Dupré: Trump's New Crypto Project Is a Type Linked to Organized Crime and Terrorism read more


More bomb threats hit Springfield, Ohio, after Trump elevates false claims about Haitians Two hospitals sent into lockdown, government buildings shut down and local schools evacuated read more


Friday, September 13, 2024

Bomb threats targeting Springfield, Ohio, facilities are likely linked to a baseless right-wing conspiracy theory targeting Haitian immigrants in the city, mayor Rob Rue said Friday, as local schools closed and evacuated for a second day. read more


The Biden administration on Friday announced a major effort to blunt the global influence of RT and expose what it says is the Russian state media network's key role in the Kremlin's global intelligence and influence operations. read more


Comments

The crypto lobby has been pouring boatloads of cash into the latest presidential campaign of former president Donald Trump, who has entirely abandoned his once-hardline stance against digital currencies as the campaign money has rolled in.

Now, on the back of recent promises to make America the "crypto capital of the world," Trump is prepping to publicly roll out a wildly dubious and ethically fraught new crypto project started by none other than his sons Eric and Donald Trump, Jr.

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But while stablecoins sound like they should be stable, they've historically been disastrous for investors and economies.

The collapse of the so-called stablecoin Terra-Luna was central to the 2022 crypto crash that wiped nearly $2 trillion from the market, resulting not only in the catastrophic fall of billion-dollar crypto ventures like FTX but in people's entire life savings vanishing into thin air.

What's more, as The Wall Street Journal reported last year, stablecoins are also a favorite financing tool of organized crime and terror groups, who use the sleazy digital currencies to launder cash, traffic drugs, and even buy and sell humans.

And on top of all that, there are too many conflicts of interest to count.

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Some of the non-Trump family characters reportedly involved in the project are too seedy to even make up.

As Bloomberg News reports, a key WLFI "dealmaker" is a person named Chase Herro, a former colon cleanse salesman who stated in a 2018 YouTube video " while driving around in a Rolls-Royce " that "you can literally sell ---- in a can, wrapped in piss, covered in human skin, for a billion dollars if the story's right, because people will buy it."

more at the link

- That isn't a reason to just gloss over her obvious flaws and deficiencies.

Sure it is... "Politics ain't beanbag!".

www.csmonitor.com

And swing voters vote on the vibe, not the policy.

Try to keep a positive vibe, man.

If possible.

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