The Real Point of the “Patriot Front” Psy-Op

The Real Point of the “Patriot Front” Psy-Op

Over the Fourth of July weekend, Washington DC found itself beset by the “Patriot Front”, about 400 guys in matching outfits, with white balaclavas covering their faces and waving flags about. The (relatively small) gathering walked about a bit, did some marching, waved some flags…and scared the press to death! The group marched away from…

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New Hampshire’s 0 Million Bitcoin-Backed Bond Faces Final Vote

New Hampshire’s $100 Million Bitcoin-Backed Bond Faces Final Vote

New Hampshire’s Executive Council will vote Wednesday on a first-of-its-kind $100 million Bitcoin-backed municipal bond. New Hampshire’s plan to issue what backers call the world’s first Bitcoin-backed municipal bond goes before the state’s Executive Council on Wednesday, the last approval the $100 million project needs before it can move forward, The Boston Globe reported today. Governor Kelly Ayotte,…

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The Coming Crash in Private Equity

The Coming Crash in Private Equity

On the topic of marking to market… I’ve talked about the private equity and in particular private credit bubble, and how multiple PE funds have gated investors. Now we see the dolts running Harvard’s money are neck deep in this garbage. Not surprised, really. The liquidity trap the poor suckers at Harvard (spineless pointy shoes)…

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