
John E Deaton|Aug 23, 2025 19:41
Banks are the past. DeFi is the future. But right now we have old, career politicians, like @EdMarkey, who voted AGAINST the GENIUS ACT - hanging on as a puppet legislator for traditional bankers.
But voting against the Genius Act in order to protect Bankers isn’t the first time Markey’s sided with the Banking Industry.
He voted to bail them out via TARP after the Great Financial Crisis. They created the problem through greed then get bailed out with taxpayer money because they used scary words like “systemic risk” and career politicians like Markey rewarded them with trillions of dollars. But that money didn’t get used to help regular hard working Americans. It was used to line the bank executives’ pockets with fat bonuses.
That’s the banking system an 80 year old man, living inside the bubble of Washington DC for FIFTY YEARS believes needs protection.
When you go to Washington looking like the first picture and 50 years later you’re still in Washington (2nd picture), asking for another 6 years (which would make you 86 years old after 56 years in DC) - it might be time to retire.(John E Deaton)
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