Heidi Li FeldmanExcellent comment explaining Treasury payment systems and dangers of Musk having access or control. https://www.creditslips.org/creditslips/2025/02/musk-and-treasurys-payment-systems.html#more
Stone1glo@heidilifeldman What can Dems do?
Petesmom *has moved*@heidilifeldman
“imagine a contract approved under the Biden administration to facilitate scientific research with periodic disbursements to be made by the federal government. The Trump administration cannot cancel the contract, but if it fails to make payments, it gets to a similar enough result because the research program will collapse if the promised funding is not there—it won’t have the money needed to meet its own expenses.”
Or think Medicaid, SNAP, HUD, SSI…
“imagine a contract approved under the Biden administration to facilitate scientific research with periodic disbursements to be made by the federal government. The Trump administration cannot cancel the contract, but if it fails to make payments, it gets to a similar enough result because the research program will collapse if the promised funding is not there—it won’t have the money needed to meet its own expenses.”
Or think Medicaid, SNAP, HUD, SSI…
Flaming Cheeto@JGuz @heidilifeldman yeah , it about ⅔ of the way to get there. Let's not overthink things. All you really need to impound is immunity and direct control of the checkbook.
Peter Brown@heidilifeldman there is another related reason that occurs to me. Apparently he originally formed a company called X offering banking services.
Maybe he sees himself as inserting X into the space between the government and the people so that every single receipt and payment has to go through his bank. Even at 0.25% commission he’d make a fortune plus any bed and breakfast funds overnight.
He hasn’t forgotten X, as we saw when he changed the name of Twitter to X.
