As a product, we may have just encountered the most brilliant Initial Coin Offering ever.
As a marketing ploy meant to reach the broadest number of financially astute investors who are just dying to see a quadruple-digit IRR on their prudent investment, this is certainly the pinnacle of genius.
While many in the 'resistance' have vociferously denounced the Senate tax reform bill in the last 48 hours, former Treasury Secretary Larry Summers took the proverbial biscuit by warning that "thousands will die as a consequence of this new tax bill."
The Congressional Budget Office estimated that the tax bill could reduce insurance coverage by 13m people, which to be conservative we can round down to 10m people.
The following article by David Haggith was published on The Great Recession Blog:
As soon as President Trump put his Goldman boys, Gary Cohn and Steven Mnuchin, in charge of his tax plan, I knew Trump’s tax plan would never fulfill his and his henchmen’s promises of helping the middle class and of not giving additional tax breaks to the rich. The Trump Tax plan, as it now exists, proves those conjoined promises to be the greatest lie Trump ever told.
Via The Daily Bell
Plunder Capitalism
Paul Craig Roberts