Newsletter 125: The latest threats to government function, and a few ways the White House (and Senate Democrats) could keep the executive branch off life support.
It makes sense Bitcoin should have enjoyed the venal run of popularity it has, seeing the attacks on the SEC. Even such a compliant SEC, and such a compliant EPA.
Just to put in perspective, how Murican "capitalism" runs numbers:
Murica, as a whole, produces ~12 million barrels per day of oil.
Texas, alone, consumes 16 million barrels of WATER PER....DAY(!) to sustain the fracking.
Bingo Presto....the oilman makes an ROI. Harvard MBAs are remarkable things.
Psst...the water ain't free! Don't tell the utility ratepayer and the oil man.
It makes sense Bitcoin should have enjoyed the venal run of popularity it has, seeing the attacks on the SEC. Even such a compliant SEC, and such a compliant EPA.
Just to put in perspective, how Murican "capitalism" runs numbers:
Murica, as a whole, produces ~12 million barrels per day of oil.
Texas, alone, consumes 16 million barrels of WATER PER....DAY(!) to sustain the fracking.
Bingo Presto....the oilman makes an ROI. Harvard MBAs are remarkable things.
Psst...the water ain't free! Don't tell the utility ratepayer and the oil man.