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American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Association (ABA) CEO Rob Nichols sent an emergency Sunday letter to every bank CEO in the country, urging “immediate engagement” against what he called a stablecoin yield loophole in the Digital Asset Market Clarity Act, days before a Senate Banking Committee markup scheduled for Thursday.
The letter, dated May 11 — Mother’s Day — and addressed to ABA member bank CEOs, asked bank leaders to contact their senators and mobilize their employees to do the same before...
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Feb 23, 2026 / Joshua Mawhorter
Antebellum Federal Protections of Slavery
Unfortunately, slavery was not just propped up by policy in the slave states, but federally. It is often overlooked that the federal government—not just slave states—had implemented legal protections of slavery by policy for decades.
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Apr 13, 2026 / Tyler Durden
Welcome To The Theater Of The Absurd
Welcome To The Theater Of The Absurd
Authored by Charles Hugh Smith via OfTwoMinds blog,
The real world no longer matters, what matters is the performance on stage. Welcome to the Theater of the Absurd.
In the present era, all the world is a stage and everything is a performance on that stage: welcome to the Theater of the Absurd, a Hollywood set fabricated of cardboard and plaster made to look like gold leaf and marble columns, where the contraptions and ropes that do the magic are hidden behind purple velvet drapery.
Every detail has...
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May 1, 2026 / Tyler Durden
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Authored by Mary Prenon via The Epoch Times,
America’s mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report.
The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years.
“Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years...
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