🇩🇪🇺🇸 Where’s the gold? Germany’s conservatives sound the alarm over reserves in the US
Can the United States be trusted with Germany’s gold?
[S]ome politicians in Germany are worried that what was for decades seen as one of the world’s most reliable storehouses might not be so secure after all.
Germany holds the world’s second-largest gold reserves, and keeps 37 percent of them — some 1,236 metric tons, worth €113 billion — in the vaults of the New York Federal Reserve. Those holdings of precious metal guarantee that, should the need ever arise, the Bundesbank has access to something it can change into U.S. dollars (or any other hard currency).
The very idea that they might not be safe would have been considered ridiculous from 1945 ... until a couple of weeks ago. But the certainties of Germany’s postwar existence have been turned on their head and — as the recent scrapping of a notorious cap on public borrowing showed — the unthinkable is suddenly very thinkable indeed. All the more so given evidence of U.S. President Donald Trump’s willingness to push the limits of his powers and assert presidential primacy over the judicial system.
German tabloid Bild, owned by POLITICO parent company Axel Springer, reported on Thursday that outgoing Christian Democratic Union (CDU) lawmaker Marco Wanderwitz is one of those concerned.
Already in 2012, Wanderwitz had unsuccessfully requested to inspect the gold holdings as part of an effort to pressure the bank to either take a more active role as a custodian, or to repatriate it to Germany.
“Of course, the question now arises again,” Wanderwitz said in comments reported by Bild.
https://www.politico.eu/article/gold-germany-conservatives-sound-alarm-over-reserves-usa/
HOLY CRAP! NAACP lawyer came before the Supreme Court and said the quiet part out loud
Janai Nelson said we need race-based districts because: "white Democrats were not voting for black candidates whether they were Democrats or not!"
This is INSANE.
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BREAKING: In an insane move, Justice Ketanji Jackson declares we need to draw Congressional districts based on race because black people are like disabled people
"They don't have equal access to the voting system. They're DISABLED!"
This is utter madness. How did she get on the Supreme Court?!
"My, kind of, paradigmatic example of this is something like the ADA. Congress passed the ADA against the backdrop of a world generally not accessible to people with disabilities...why is that not what's happening here?!"
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BlackRock CEO Larry Fink says this is only the beginning as the tokenization of everything is underway.
Money, property, and even personal identity will soon exist in digital form.
He calls it a major opportunity for BlackRock, saying the plan is to move beyond traditional financial assets by digitally re-potting them into a new system.
đź”— Shadow of Ezra (@ShadowofEzra)
🤖📱 Between empty promises of a billionaire and a social credit system. The “secret” way your behaviour is ranked on X
What is Tweepcred? It’s a reputation system inherited from the days of Twitter, a social credit mechanism built into X, where every like, comment, retweet, or interaction feeds a hidden score. Post the wrong thing, and your reach is throttled, invisible to followers, blocked from the For You Page, and your voice is confined to a digital coffin. The worst part? X won’t even tell us what we’re doing wrong.
Tweepcred was open-sourced two years ago as part of Elon’s big push for “transparency.” The release confirmed what many suspected for over a decade: the system wasn’t neutral. It could be gamified, and it rewarded those who knew how to play it. Industry insiders and large organizations held a massive advantage over individuals, defeating the very purpose of the internet and the cultural revolution that once challenged mass media.
Content was no longer ...
🇺🇸👨‍🌾 Meriwether Farms on X:
Dear Trump,
We love you and support you— but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher.
We understand there are larger economic and geopolitical dynamics at play, including countering CCP influence in countries in our hemisphere. But the practice of solving problems “over there” before solving problems here on our soil is what contributed to the downfall of our country: Americans always come last.
We understand beef prices are high, and we admire your concern for all Americans, but this is not the fault of the American producer. This is the fault of politicians who have allowed BRICS-aligned entities to dominate the meat industry, that participate in price fixing and who also continually lie to their consumers.
Washington for decades has facilitated the squeezing of our own ranchers while allowing these entities to flood the market with cheaper, ...