The Roman Empire faced a financial crisis similar to the U.S. today, leading to concerns about “fiscal dominance,” where the central bank’s ability to fight inflation is limited by the government’s debt. Economists worry that the U.S. may be approaching this point as the national debt climbs. This concept is further complicated by the “death of the Hamilton Norm,” where the public’s perception of government debt has shifted from being a future obligation to a permanent gift, fueling inflation. This situation is leading to market distress, as bond investors increasingly influence the economy.
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President Donald Trump made significant investments in corporate and government bonds, totaling at least $22.1 million and potentially reaching $65.3 million, according to a recent financial disclosure. The investments, made between late October and mid-November, include bonds from companies like Netflix, Oracle, and Amazon, as well as local government bonds from Wayne County, Michigan, and the Central Florida Tourism Oversight District. These purchases raise conflict of interest concerns given Trump’s potential influence over policies affecting these entities, including financial institutions and local governments, and they add to his already extensive bond holdings and other investments.
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Trump buys at least $82 million in bonds since late August, disclosures show, and frankly, it’s something that immediately sparks a lot of thoughts, doesn’t it? It’s the kind of news that makes you stop and consider the implications, the motivations, and of course, the legality of it all. The initial reaction, for a lot of people, seems to be a mix of bewilderment and suspicion. Why such a significant investment in bonds? What does this mean for his financial strategy, and potentially, his broader political aims? The sheer scale of the investment, $82 million, grabs your attention.
Trump buys at least $82 million in bonds since late August, disclosures show, and that begs the question of whether this is part of a larger pattern or a recent shift in his financial behavior.… Continue reading
Florida bail bondsman, Russell Bruce Moncrief, has been charged with human trafficking and racketeering, accused of offering incarcerated women bond in exchange for sexual favours. Some of the inmates were housed in Orange County jail. Moncrief is said to have exploited his position by preying on women held on charges of prostitution and drug possession. He is also accused of selling women he had bonded out to others. During the investigation into former defence attorney, John Gillespie, for committing similar crimes, victims revealed that they had been forced to perform sexual acts with Moncrief.
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John Q. Hosedrinker 
Matt Underwood