Treasury Department


The MAGA Zone

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Three weeks in and things are looking pretty bleak. Democrats are still acting like they can wait this out until the midterms, but who knows what’ll be left of the federal government by the time Elon’s done stripping it for parts and lining his already bloated pockets.

On a positive note, a lot of the original Twilight Zone episodes hold up incredibly well over 60 years later. I stuck with the ones everyone knows, but I watched “Night of the Meek” for the first time over the holidays and it got me back to revisiting some of the more obscure ones.

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Meet the Coup Kids

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All the times I’ve complained about gerontocracy are moot now that Elon Musk’s unelected DOGE babies are effectively in control of the country. Sure, their actions are technically illegal, but no one is going enforce the laws that say that, so here we are.

One of them was forced to resign today for being too racist, which is quite the accomplishment with this administration. He could also face being grounded for two, maybe three weeks tops.

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Janet Yellen’s Weird Tricks to Get Out of Debt

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We did this already.

Republicans will use the debt ceiling to hold the global economy hostage whenever they can because Democrats let them. If we weren’t so used to this charade, it would sound sillier than a Trillion Dollar Coin or flat out ignoring the ceiling because it’s unconstitutional under the 4th clause of the 14th Amendment.

This crop of House Republicans is even more deranged than the last time we did this default brinkmanship, so get ready to barter for those eggs you can’t afford if you aren’t already.

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Mint the NFTs

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Things are playing out exactly as they did in 2009 during the Obama years with deficits and debt suddenly the hostage du jour for Republicans (and defacto ones like Manchin and Sinema) who want things to be bad for the midterm elections.

Economists (the only social scientists who get rewarded for being wrong) poo-poo printing more money by invoking the “inflation” boogey man, but nobody has any money. The meager stimulus some people got because of the pandemic ran out months ago, and I’ve yet to see anything beyond the runaway housing/healthcare/education inflation we’ve been suffering through for the last 40 years.

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