Print the page
Increase font size
Zelensky Passes the Hat in Hiroshima

Posted May 22, 2023

Matt Insley

By Matt Insley

Zelensky Passes the Hat in Hiroshima

By some estimates, Ukraine’s President Zelensky hasn’t set foot on Ukraine soil since May 3… Wanna get away? 

Instead, he’s making the rounds this month, passing the proverbial hat, anticipating millions — if not billions — worth of weapons and foreign aid packages. 

Over the weekend, Zelensky met with G7 nations, which includes the U.S., UK, France, Germany, Italy, Japan and Canada, in — of all places — Hiroshima, Japan. 

During a speech, Zelensky even had the stones to compare what’s happening in Ukraine to the nuclear bombing of Hiroshima in 1945 (lest we forget Zelensky’s former career as a comedian).

Nonetheless, Biden promised an additional round of funding. Pfft, debt ceiling… 

Biden and Zelensky

(I’ll be darned if Zelensky doesn’t look like the love child of the cat that ate the canary and Dr. Evil from the “Austin Powers” movie franchise.)

Zelensky will also be getting a fleet of F-16 fighter jets plus training for Ukraine pilots. 

But Zelensky failed to charm two major BRICS nations: Brazil and India — it was a complete misfire, in fact.

We’re soliciting your feedback, readers: What do you think of Russia-Ukraine's war of attrition, U.S. funding, fighter jets and more? We want to hear from you… 

Send your opinions to, feedback@newsyoucanacton.com

Your Rundown for Monday, May 22, 2023...

Lobbying Group Sides with Coinbase (Not SEC)

“Big news on the crypto front: The U.S. Chamber of Commerce has just filed a brief in the Coinbase v. SEC case,” says Paradigm’s crypto authority Chris Campbell.

“The U.S. Chamber of Commerce is no lightweight organization,” he says. “It’s a powerhouse, representing the interests of companies spanning every industry in the U.S., not merely the crypto world.”

And now? “They’re pointing the finger at the SEC, accusing them of ‘unlawful’ conduct in the realm of digital assets. Their brief kicks off with this statement: ‘As it stands today, nobody knows for certain which digital assets, if any, are ‘securities’ under federal law.’

“The Chamber argues…

  • “The cloud of regulatory uncertainty is choking the life out of innovation in the U.S.
  • The SEC is stirring up a storm in the digital assets regulatory landscape
  • The SEC is trampling over constitutional due process and fair notice rights.”

The brief concludes: “The SEC’s actions are not just harmful policy; they are unlawful.” Which jibes with Chris’s assessment: “The ‘regulation by enforcement’ actions from the SEC are fairly unpopular.

“For a variety of reasons, we suspect Gary Gensler wants to keep regulatory clarity at bay for as long as possible,” says Chris.

Which also coincides with a point made by Paradigm’s macro expert Jim Rickards, who details an intentionally murky crypto-SVB-Yellen connection.

“Signature Bank was no worse off than a lot of other banks,” Jim says. “If it had survived until Monday, March 13, it would have been rescued by the Federal Reserve’s Bank Term Funding Program (BTFP) along with the entire U.S. banking system.

“Why did Signature Bank get whacked under those circumstances?

“Signature Bank got whacked because it was offering a portal to the crypto world called Signet,” Jim says. “Once the FDIC announced a blanket deposit guarantee and the Fed offered an unlimited ability to swap bonds for cash at par, Signature would have been fine like any other bank.

“Yellen just used a panicked weekend to wipe out the Signet portal,” says Jim. “As Rahm Emanuel said, never let a good crisis go to waste.”

Market Rundown for Monday, May 22, 2023

S&P 500 futures are in the green at 4,205. 

Oil’s up 0.40% to $71.83 for a barrel of WTI. 

Gold’s lost $6.50 per ounce to $1,975.10. 

Bitcoin shrunk 0.25% to $26,830. 

Send your comments and questions to, feedback@newsyoucanacton.com.

Green Light

Green Light

Posted May 24, 2024

By Matt Insley

“The past 10 days have been monumental for the crypto industry with major developments on the legislative and regulatory fronts,” says Paradigm’s crypto expert Chris Campbell.
 Countdown to NVDA

Countdown to NVDA

Posted May 22, 2024

By Matt Insley

In case you’ve been living under a rock, Nvidia (NVDA) — the world’s largest chipmaker and most valuable company — reports earnings today.
The Ethereum ETF Gamble

The Ethereum ETF Gamble

Posted May 20, 2024

By Matt Insley

“Contrarian investing is all about doing the opposite of ‘common sense,’” says Paradigm’s crypto expert Chris Campbell
Biden Steals Trump’s Thunder

Biden Steals Trump’s Thunder

Posted May 15, 2024

By Matt Insley

Chinese-made EVs — and tariffs — are back in the news this week.
Germany’s Sabbath for C-3PO

Germany’s Sabbath for C-3PO

Posted May 13, 2024

By Matt Insley

A legal battle is unfolding in the German state of Hesse when it comes to fully automated convenience stores.
Hit Reply (Your Letters to the Editor)

Hit Reply (Your Letters to the Editor)

Posted May 10, 2024

By Matt Insley

Free (re)education… an “asinine” idea… and Baltimore’s Evolv.