Talking Default with NPR and Bloomberg TV

The debt limit is destructive, duplicative, and dumb. That was the title of a post I wrote a few days after the US hit this self-imposed anachronism back in January. Since then, I’ve done countless interviews about the state of play in the fight to raise the “debt” ceiling in time to avoid an unprecedented and catastrophic default.

The Lens
Gen Z for Biden on Twitter

“BREAKING: Joe Biden increased his lead to +6 over Donald Trump according to a new @Ipsos/@Reuters poll. This represents a 3 point increase for the president since February. Just like record youth turnout, we’re sure the media won’t report this. Spread the news to help Joe Biden.”

Twitter
@plutus @johnserwach Polls are only polls of course.

@ForeignSubstance @johnserwach

i seriously don't understand why he wants to run

@plutus @johnserwach He thinks he's the only guy who can win.

He could be right? I dunno.

@ForeignSubstance @johnserwach

Well he was the only guy the donors wanted in 2020.
I think it's about legacy - the mystique of the 2 term POTUS

@ForeignSubstance @johnserwach

Sorry to burst your Chinese balloons but 6 pts is nothing to frolic in the oval about against a indicted couper imho

@ForeignSubstance @plutus it’s not 6, the red wave is a mirage. (Again)

@johnserwach @ForeignSubstance @plutus

And every year more boomers die as AOC said. Thats a 60-40 generation

@ForeignSubstance @rubecube12 @plutus

True- even I am about to hit the double nickle.

@johnserwach @ForeignSubstance

This is who we need Billy bob 2.0 - he connects with the soccer moms in ways we can never understand, but...

@plutus @johnserwach @ForeignSubstance

He can run in the primary. He wont win because of his stance on abortion. Abortion is the only thing that matters

@ForeignSubstance @johnserwach @plutus

Pro choice democrats get rid of the bug wedge issue. That doesnt work

@ForeignSubstance @johnserwach @plutus

This election is about abortion!!

@rubecube12 @johnserwach @plutus It will play, but it's not the only thing. Per usual, "It's the economy, stupid".

@ForeignSubstance @rubecube12 @johnserwach

Hiking into outright deflation in 70% of the economy is a complete self-own Danny.

Hu Xijin 胡锡进 on Twitter

“.@elonmusk is more clear-headed than many American politicians. This is normal. Businessmen tend to be more realistic, politicians are more idealistic, and a large part of them pretend to be idealistic. ”

Twitter
Biden up 7 points over Donald Trump in 2024 popular vote, poll shows

The WPA Intelligence survey of 1,571 registered voters found Biden, 80, leading 76-year-old Trump 47% to 40%.

New York Post

@johnserwach @rubecube12 @ForeignSubstance

Boomers/GenXers = $QQQ
Millennials = $IWM
Cope @DapperDinobot Cope

$4 trillion of fiscal stimmy that was suppose to support cyclical companies/broad economy - neutered by your favorite CBer Jay Edgar Powell

@johnserwach @DapperDinobot @plutus @ForeignSubstance

Boomers own 95% off assets. Millennials only own tech. They don't own any houses

@rubecube12 @johnserwach @DapperDinobot @ForeignSubstance You think Boomers are just gonna keel over and donate everything to the gubment - where do you think generational wealth comes from

@DapperDinobot @ForeignSubstance @plutus @johnserwach

Most will keel over in the next 5 years

@rubecube12 @DapperDinobot @ForeignSubstance @johnserwach

Who called the shot on Biden winning the primary - you think it was poor millennials? Pls dan leave reality to those who work in it

@ForeignSubstance @johnserwach @plutus

Republicans have everything to lose is no deal. Dems have nothing to lose. No budget cuts or deal

@rubecube12 @ForeignSubstance @johnserwach

As I said, KM has very little leverage. That said dems always cave b/c they want shit to function and never do scorched earth.

Blue dots in red country

On uncomfortable campus conversations.

Differ We Must

@johnserwach @rubecube12 @ForeignSubstance

Yes the NYT was unkind, but you can see where ppl stand politically from this tweet. Those affable seemingly endearing cognac sipping fintwits mentally aren't too far from early 20th century colonialists.

@johnserwach @rubecube12 @ForeignSubstance

They will also be tweeting how Soros is a political trouble-maker during the same session.

@johnserwach @plutus @ForeignSubstance

Democrats don't own stock. Democrats don't own bonds. Clean debt ceiling or let republican assets go to zero

@rubecube12 @johnserwach @ForeignSubstance

You physician parents don't own financial assets - ok Dan...
Silicon Valley bros don't own financial assets? ok Dan

@plutus @johnserwach @ForeignSubstance

95% of financial assets owned by republicans

@rubecube12 @johnserwach @ForeignSubstance

I guarantee you 70% of tech ceos are not GOP - I guarantee you they make a ton more than other sector execs

@rubecube12 @johnserwach @ForeignSubstance

Being a democrat doesn't mean you don't want lower taxes or keepin those colored folks outside your gate = big tent brah

@rubecube12 @plutus @ForeignSubstance

Bro- we don’t say “colored” anymore- 🤷🏻‍♂️

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The Hill on Twitter

“Khanna said that Feinstein or one of her staff members should be open about her ability to continue to serve. https://t.co/EMQCH2KI9m”

Twitter

@johnserwach @plutus @ForeignSubstance

We can get someone way more liberal in California. We cant get a bernie in the White House

@johnserwach @ForeignSubstance @plutus

They are Donald trump democrats. Only funding the party because they live in California

@rubecube12 @johnserwach @ForeignSubstance

Who do you think called the shots on the dem side in getting BBB shelved? pls Dan politics ain't just about cloture

@ForeignSubstance @plutus @johnserwach

Manchin. USA of joe manchin. It wont be about cloture for long. Sinema about to find out. But burr filibuster 2025

Preview: The End of History with Mike Green

YouTube

@rubecube12 @plutus @ForeignSubstance

That’s incredibly hard to watch, is their something redeeming in there I can just fast forward to ?

@johnserwach @rubecube12 @plutus I haven't watched it yet, as I'm reluctant to be teased into trying to make me pay for something a reputed "master of the universe" (HH) has suddenly decided he needs money to share.

@ForeignSubstance @johnserwach @rubecube12

Same here...

Everyone from Raoul, to Mike Green to the Acid dropper wants fintwit disciples to finance their little villa on Saint Kitts

@johnserwach @plutus @ForeignSubstance

The MAGA room im in all yelling That russia won the war today

@plutus @johnserwach @ForeignSubstance

Yeah. He's in that room

@rubecube12 @johnserwach @ForeignSubstance

They are mostly cut from the same cloth - very focus on the immediate petty materialism

@rubecube12 @johnserwach @ForeignSubstance

Bob Gates is one of the wisest politico in many decades. Our country is at an impasse is b/c of one singular reason and that alone.
https://youtu.be/cHZuquEp6yg

Full interview: Former Defense Secretary Robert Gates on "Face the Nation," May 21, 2023

YouTube

@ForeignSubstance @johnserwach @plutus

Platinum coin means stocks go higher

@plutus @johnserwach @ForeignSubstance

14th amendment will be struck down by the court. Coin will be necessary