Cryptocurrency, Investing, Money, Economy, Business, and Debt:
Bitcoin’s Decline: How It Stacks Up Against Past Market Corrections
Justin Sun, who invested millions into Trump coins is getting a reprieve on civil fraud charges
A businessman who pumped $75 million into the Trump family-backed crypto token finds himself in a fortunate position this week as federal securities regulators are hitting pause on their civil fraud case against him.
On Wednesday, lawyers for the Securities and Exchange Commission and Justin Sun, a 34-year-old Chinese crypto entrepreneur, asked a federal judge to put the agency’s case on hold, citing the interests of both sides and ‘the public’s interest.’
The pause is a 180 for the SEC, America’s top financial regulator, which two years ago charged Sun and his companies — Tron, BitTorrent and Rainberry — with selling unregistered securities and fraudulently manipulating the price of digital token Tronix.
Coronavirus and Public Health:
FDA Cancels Meeting to Update Flu Vaccines
The Food and Drug Administration unexpectedly canceled an annual meeting of its advisers to update next season’s influenza vaccines, potentially upending the process to start manufacturing next winter’s flu shots.
The Covid Alarmists Were Closer to the Truth Than Anyone Else
Politics:
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Yes indeed, it’s a cult:
Russia Looks to Rebuild Spy Network
Russia is eyeing talks with the Trump administration about re-establishing a significant diplomatic presence in the US as an opening to rebuild its spy network in the West.
Judge Wants Sworn Testimony from DOGE Officials
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The international order forged after World War II is imploding, squeezed on all sides by the return of strongmen, nationalism and spheres of influence — with President Trump leading the charge.
Trump is openly scornful of international institutions and traditional alliances. Instead, he sees great opportunity in a world dominated by superpowers and dictated through dealmaking.
Ex-Defense Chiefs Denounce Trump’s Pentagon Firings
Five former defense secretaries on Thursday denounced President Donald Trump’s firing last week of the Joint Chiefs chairman and several other senior military officials, urging Congress to hold hearings and declaring they have concluded the officers were “fired for purely partisan reasons.”
The extraordinary public appeal was signed by Lloyd Austin, Jim Mattis, Chuck Hagel, Leon Panetta and William Perry — who served in Republican and Democratic administrations dating back to the 1990s — after Trump’s Friday night firings caused an uproar on Capitol Hill and among many military veterans.
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GOP Staffers Told Not to Use ‘West Bank’
House Foreign Affairs Committee Chair Rep. Brian Mast (R-FL) instructed committee staff to refer to the Israeli-occupied West Bank by its Hebrew name Judea and Samaria.
The international community, including the U.S. government, refers to the territory Israel occupied in 1967 as the West Bank and doesn’t recognize Israeli sovereignty there.
From the *delusions of grandeur files: Peter Navarro threatens to redraw Canadian border
Trump’s ‘Gold Card’ Visa Comes with Hidden Tax Break
President Trump’s proposed $5 million ‘gold card’ for U.S. residency would be one the most expensive in the world.
It also includes a tax loophole that would give the new-card holders a lucrative benefit not available to American citizens.
Trump said gold-card holders would not be subject to taxes on their overseas income.
In First Few Weeks, Trump Administration Reversed Course More Than A Dozen Times
Those mistakes are already proving costly—and embarrassing—as the administration’s cuts hit critical functions of government like nuclear security, pandemic prevention, and veteran assistance, prompting officials to backtrack.
Less than six weeks into Trump’s presidency, the administration has already reversed itself more than a dozen times in high-profile decisions.
Carlos Slim orders to cancel his collaboration with Elon Musk’s Starlink
Trump Prepares to Invoke ‘Alien Enemies’ Law
The Alien Enemies Act is designed to be invoked if the US is at war with another country, or a foreign nation has invaded the US or threatened to do so. Legal experts say it would be difficult for Trump to use the act when the US isn’t being attacked by a foreign government, even if the administration does cite threats from gangs or cartels.
Trump Scraps Fair Housing Rule
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Serendipity:
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What Americans Can Learn From Haiti’s History
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