> You ignored the entire issue. It was extralegal. If they wanted to do something about it, they should make clear laws and enforce them.
That's actually not true. The SEC & FDIC have broad authority to issue recommendations regarding risk. There are clear laws on the books dating back to the 1930s. The only people claiming it's "extralegal" have financial interests in crypto. Here: https://www.fdic.gov/news/inactive-financial-institution-let... . They issue the same kinds of advisories for foreign currencies, subprime assets, penny stocks, etc.
That authority is no different than the authority granted to the FDA, FTC, etc. and it's got decades of case law behind it.
> I don't like that. I want to be able to question USAID and what my president is doing.
What they're doing is actually the opposite of what you say. If you listen to what Horowitz is saying, he's stating these "theories" as if they're well-known facts, preemptively shutting down questioning about his motives or the veracity of his sources.
Saying things like "Everybody now knows Biden was not actually the president" is not questioning, it's a classic propaganda tactic called "Card Stacking", where someone trusted or with authority presents speculation or half truths as fact, ignoring contradictory evidence or uncertainty to manipulate public opinion.
The USAID statements are another example: USAID supplies & money may have been used by terrorists, against the anti-terrorism provisions written into its charter. The mission of USAID, however, was to stop terrorism from springing up in the first place by reducing food insecurity in unstable places. You know what else directly funds terrorism? Cryptocurrency (https://www.justice.gov/opa/pr/justice-department-disrupts-h...). But you don't hear Horowitz say we should ban Crypto over it. He's using half truths to promote his financial interests and legitimize his support for those in power who promote these interests.
Yet another example is how he promotes blockchain for USG spending, as if the USG doesn't have extremely detailed records of how money moves and is spent. Here's an article about the "lost" $400B: https://apnews.com/article/pandemic-fraud-waste-billions-sma...
Key points: Much of the waste is fraud by organizations requesting relief money. The gov't knows who got the money and is prosecuting over 1000 people over it. The waste happened because of lax oversight by the first Trump administration during campaign season, not during the Biden administration as implied by Horowitz. Finally, it was probably not due to nefarious intentions (despite campaign season), but due to the extraordinary circumstances of the pandemic.
That's actually not true. The SEC & FDIC have broad authority to issue recommendations regarding risk. There are clear laws on the books dating back to the 1930s. The only people claiming it's "extralegal" have financial interests in crypto. Here: https://www.fdic.gov/news/inactive-financial-institution-let... . They issue the same kinds of advisories for foreign currencies, subprime assets, penny stocks, etc.
That authority is no different than the authority granted to the FDA, FTC, etc. and it's got decades of case law behind it.
> I don't like that. I want to be able to question USAID and what my president is doing.
What they're doing is actually the opposite of what you say. If you listen to what Horowitz is saying, he's stating these "theories" as if they're well-known facts, preemptively shutting down questioning about his motives or the veracity of his sources.
Saying things like "Everybody now knows Biden was not actually the president" is not questioning, it's a classic propaganda tactic called "Card Stacking", where someone trusted or with authority presents speculation or half truths as fact, ignoring contradictory evidence or uncertainty to manipulate public opinion.
The USAID statements are another example: USAID supplies & money may have been used by terrorists, against the anti-terrorism provisions written into its charter. The mission of USAID, however, was to stop terrorism from springing up in the first place by reducing food insecurity in unstable places. You know what else directly funds terrorism? Cryptocurrency (https://www.justice.gov/opa/pr/justice-department-disrupts-h...). But you don't hear Horowitz say we should ban Crypto over it. He's using half truths to promote his financial interests and legitimize his support for those in power who promote these interests.
Yet another example is how he promotes blockchain for USG spending, as if the USG doesn't have extremely detailed records of how money moves and is spent. Here's an article about the "lost" $400B: https://apnews.com/article/pandemic-fraud-waste-billions-sma...
Key points: Much of the waste is fraud by organizations requesting relief money. The gov't knows who got the money and is prosecuting over 1000 people over it. The waste happened because of lax oversight by the first Trump administration during campaign season, not during the Biden administration as implied by Horowitz. Finally, it was probably not due to nefarious intentions (despite campaign season), but due to the extraordinary circumstances of the pandemic.