“In the last few days, we have had many conversations with macro #fund managers,” wrote Tom Lee, the head of research at the #financial analysis firm FSInsights.
“And their concern is that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology,” Lee continued. “A few have quietly wondered if the President might be #insane.”
Hackers targeting Australia's major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund.
#hackers #Australia #cyberattack #pension #fund
https://cnews.link/hackers-strike-australiasuper-pension-fund-1/
April 1, 2025 #MutualAidThread! Post your needs here.
See image or it's alt text for the rules!
Reply to this post to participate in the thread.
The County and City of Los Angeles and partners have launched the new LA Region Worker Relief Fund that helps workers impacted financially by the windstorm and wildfires by providing cash assistance grants of $2,000.
Applications open February 6, 2025 at 8am through the newly extended
deadline of March 2, 2025 at 5pm.
#Worker #Relief #Fund #LACity #LACounty #wildfires #windstorm
#EatonFire #PalisadesFire
70% toward whistleblowers, 30% toward development, or something like that.
Want to get involved more directly? Send me a message.
I'm sure we'll learn a lot as we implement this, and some details will change, but that's the gist. If you're able to support Hush Line's development financially, you can donate here right now: https://opencollective.com/scidsg/contribute/hush-line-supporter-55786
4/4
February 10 2025 #MutualAidThread! Post your needs here.
Reply to this post to participate in the thread.
February 8 2025 #MutualAidThread! Post your needs here.
Reply to this post to participate in the thread.
Most excellent new way to #Fund #Sustainable #OpenSource from @ecosystems & @opencollective packaged collective funding pass-through based on focused ecosystems of key FOSS projects! 
“Other countries have wealth funds,” he said. “We have nothing.”
On Monday, Trump took the first step.
He issued an executive order that announced the planning for an investment vehicle or a
#sovereign #wealth #fund,
which would be financed by the United States government.
Sovereign wealth funds are investment funds owned by an individual state or government typically created from budget surpluses or revenues from oil or other commodities.
These funds may indirectly finance domestic industries as well as a wide range of other investments.
The order calls for the secretary of the Treasury, Scott Bessent, and the secretary of commerce, Howard Lutnick, to report back with a plan in 90 days. In a news conference on Monday,
Mr. Bessent said the government would create this fund in the next 12 months.
The president and his associates can take their plan only so far.
The establishment of a sovereign-wealth fund, which would use taxpayer dollars or other government funds,
is likely to require an act of Congress.
It’s unclear how exactly the U.S. government would come up with the money to put into it.
While many other countries operate funds that invest domestically and internationally, many of them, particularly those in the Middle East,
have significant proceeds from natural resources like oil or gas to invest.
Other countries, including Singapore, use their budget surpluses.
By contrast, the U.S. government doesn’t have any significant natural resource revenue and has been operating under an annual budget deficit for more than two decades.
Despite a flurry of announcements on tariffs in recent days, neither Mr. Trump,
Mr. Bessent nor Mr. Lutnick mentioned the proceeds of these tariffs as a source of funding.
In September during a speech at the Economic Club of New York,
Mr. Trump pointed to
“money that will be taken in through tariffs” as one key source of funding,
along with
-- “other intelligent things.”
https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-orders-plan-for-a-united-states-sovereign-wealth-fund/
Here's just a little of what we do - you help us to change lives and we couldn't do it without any of you! Thank you for just being apart of bringing the love of Jesus to everyone!
#christianliving #christianfaith #ministry
#fundraiser #support #fund #donate
#SCOTUS to weigh whether states can allow #religious #PublicSchools
The #US #SupremeCourt agreed Friday to consider whether the state of #Oklahoma may fund a proposed #Catholic charter school, a blockbuster case that could redraw the line between #ChurchAndState by allowing #government to establish & directly #fund religious schools for the first time.
#education #law #ActivistCourt #NewApostolicReformation #NAR #ffrf
https://www.washingtonpost.com/education/2025/01/24/supreme-court-public-religious-charter-school/
