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Generais do Exército sonham reviver a ditadura militar, mas passarão à história como cúmplices do terrorismo golpista que destruiu a capital.

The post Ataques terroristas em Brasília têm culpados de sobra, mas são obra militar appeared first on The Intercept.

Mars Attacks, 1962 

Last night, thousands of supporters of Jair Bolsonaro stormed Congress, the Presidential Palace and the Supreme Court in Brasilia. Descending on the country’s capital, the far-right mob called for the resignation of the newly elected President, Lula Inacio da Silva, and for the intervention of the military to halt the peaceful and democratic transfer of […]

Watching “left wing” reactions to the Speaker’s election in the US House was instructive. Too many people were appalled when I pointed out that the left, the “Squad” specifically, could have done the same thing to get concessions in 2024.

If you were appalled at the idea then you are not a member of the left in any useful way.

(That statement and this post will occasion another torrent of abuse in the comments for me to throw into spam, and laugh about. If you think that after 30 years online, most of it moderating comments, you can insult me in a way I haven’t heard before, you are a fool as well as a piece of human garbage.)

You have power in electoral politics when you can deliver or deny votes and money and get people elected or un-elected. That’s the bottom line.

Another problem with the trillion-dollar coin is that the US mint probably doesn't have the capacity to create one out of real bullion, which will likely be required for something with such a historical importance. The US mint no longer produces platinum coins, except in collector's editions that retail for $1,892 at the moment. A real platinum coin – the American Eagle – that was produced as recently as 2009 contains 31.12 grams of platinum and has a face value of $100. There is not enough platinum in the US in a year's supply to create that. The US produces all of 3,700 kilograms of platinum a year.

The mint could, on the direction of Treasury, just make a platinum-finished coin that bears the face value of $1tn, but that would just create a nonsensical level of inflation in the value of the US dollar.