Author Archive: Glenn Reynolds

SO FAR, INDEED:

OPEN THREAD: Hump Day.

SO EVERYTHING POLITICO HAS PUBLISHED IS NOW SUSPECT:

MOVE FAST AND BREAK THINGS: CIA Employees Get A Buyout Offer. “The staggering speed with which Donald Trump has implemented his agenda has caught progressives flatfooted and without a coherent message. The USAID crisis turned into the Gaza crisis, which is now the CIA crisis, and the week is only halfway over. But as progressives lose their mind again over a voluntary buyout offer that has only been accepted by a small percentage of federal employees, a majority of Americans are increasingly wondering, ‘What’s the big deal?’ Meanwhile, Trump is making tangible progress with reining in federal agencies and uprooting entrenched bureaucrats who oppose his agenda. This is a good thing, especially at the CIA.”

I AGREE: Jeffrey Carter: Strategic Funds: Both Are Terrible Ideas.

I call them as I see them. I have thoroughly enjoyed the first two weeks of the Trump Administration and I hope it keeps going right until he leaves office. Wouldn’t it be funny if his last act in office was an Executive Order that limited Presidential power to the original meaning in the Constitution?

Trump signed an executive order authorizing a Strategic Wealth Fund (SWF) for the US. It’s a terrible idea. Wyoming Republican Senator Cynthia Lummis wants a Strategic Bitcoin Reserve (SBR). It too is a terrible idea. I hope David Sacks has enough sense to push back on it.

There are similarities in why both are terrible ideas. There are also unique aspects of both that make them singularly terrible ideas.

Sooner or later, a strategic fund will turn into a slush fund just like what we’re dismantling at USAID.

I’VE HAD PEOPLE ASK ME: “How can you, as a libertarian, support Trump?”

Related:

Plus:

Also, it’s just so damn entertaining.

THAT’S BECAUSE IT WAS NEVER ABOUT IMPROVING EDUCATION. It was literally just Jimmy Carter repaying the teachers’ union for support.