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US Politics 3w
My state treasurer illegally buys the bonds of a genocidal regime with my tax money: 👨‍🦯 👨‍🦯 👨‍🦯 A former politician writes a book: 😡😡😡
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US Politics 3w
harassing people online for ordering starbucks and heckling people out of office is peak activism don’t you know?
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Anonymous 3w

In case people weren’t aware: some states require bonds to have a certain credit rating in order for the treasury to invest in them. Israel’s bonds have been downgraded since Oct 7. Your states are still buying them since “we must stand with Israel”, and the yields aren’t even worth the risk 😭

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Anonymous replying to -> OP 3w

They got a downgrade? That’s unusual

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Anonymous replying to -> OP 3w

I’m guessing the war fucked their economy

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Anonymous replying to -> #1 3w

Yes, there’s an increased likelihood that they could default on debts. S&P downgraded to A (which is still fine I think) but Moody’s is Baa1 and warned about a potential drop to a “junk” rating

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