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#NerdReich

1 post1 participant0 posts today

The Creepy Weirdos are not speaking in code behind closed doors.

They are speaking to each other as if they were Extremely Online™.

That is why normies can’t grok WTAF is happening.

It’s a socially awkward manifestation of the .

Democratic Senator #RubenGallego (#Arizona) did a $5,000 a plate dinner with broligarch /Nerd Reich billionaire #MarcAndreessen and Matt Yglesias at the same time as #AOC and #BernieSanders were doing their recent rally in #Tucson.

The US Congress has been captured by the industry on both sides, not just the Republicans. Gallego was one of the largest recipients of the money laundering industry's - sorry, i mean "the crypto industry's" - financial support in the 2024 election. He's a disaster for the country.

#uspol#DNC#RNC

surprise, surprise: Trump gave #DavidSacks (pro #Putin, anti-#Ukraine All In Podcast broligarch and America's "crypto & AI czar") a waiver on any and all financial conflicts of interest that could result from Sacks using taxpayer money to enrich himself by investing in his crypto & AI scams.

(i will note that Sacks claims to have divested himself of his crypto investments but i find it impossible to believe he isn't at least indirectly financially exposed to the crypto market)

Remember, it was Sacks who helped propose the #StrategicCryptoReserve which proposed that US taxpayers invest in the same 5 cryptocurrencies held by Sacks's company #Bitwise.

levernews.com/trump-issues-eth

The Lever · Trump Issues Ethics Waiver For His AI/Crypto CzarThe White House granted the waiver to David Sacks a month after Trump fired the director of the independent agency charged with enforcing federal ethics statutes.

New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

> "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

* American Banker: americanbanker.com/news/new-pa
* Paper: chicagofed.org/publications/wo