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02-03-2025, 08:32 PM
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Bonded
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https://www.marketwatch.com/story/el...-next-3dd74797
Spoiler!
Controlling the system could allow the Trump administration to unilaterally and illegally cut off payments for millions of Americans, putting at risk the financial security of families and businesses based on political favoritism or the whims of Mr. Musk and those on his team who have worked their way inside, wrote Sen. Elizabeth Warren of Massachusetts, the ranking Democrat on the Senate Banking Committee, in a Sunday letter to Treasury Secretary Scott Bessent
We may already have experience what amounts to a 21st-century coup, wrote Nobel-winning economist Paul Krugman in a Monday edition of his Substack newsletter. There may not be tanks in the streets, but effective control of the government may already have slipped out of the hands of elected officials.
Interesting take. Tariffs might be a distraction after all
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