What is Nostr?
Nicole Parsons /
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2025-02-14 01:24:16
in reply to nevent1q…fwe8

Nicole Parsons on Nostr: nprofile1q…u90wk When an oligarch can reach into a state's bank account and remove ...

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When an oligarch can reach into a state's bank account and remove $80 million without notice or procedure, in a fit of pique, you're begging for a bank run or the collapse of interbank processing systems.

Musk can reach into anyone's bank account. Thwart employers from making payroll. Thwart proper remittances. Extort corporations to switch to his payment processor.

https://www.forbes.com/sites/antoniopequenoiv/2025/02/12/trump-administration-takes-back-80-million-in-fema-money-from-nycs-bank-accounts-city-alleges-highway-robbery/

https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-doge-new-york-fema-b2697262.html

https://fortune.com/2025/02/13/elon-musk-doge-cfpb-x-payments-platform/
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