📣 TONIGHT’S LIVE EVENT 🔥 @TeeKaTeachesUTheTruth Takes Over @ThaCaliEnigma!
We’re diving deep into DOCUMENTED BLACK HISTORY — REAL TIMELINES. No myths. No distortions. Just proven facts, verified sources, and academic insight.
🎓 Featuring: @TeeKaTeachesUTheTruth — a proud graduate of Florida Atlantic University (FAU) with a Bachelor’s Degree in Social Science. She specializes in African American, West African, European, and WWII history, bringing academic depth and clarity to every discussion.
💬 What We’ll Cover:
African Empires before colonization
The trans-Atlantic slave trade & global Black resistance
How Africa influenced the modern world
Truth vs. Myth in Western education
Using real timelines and documentation to teach history
🕰️ LIVE Tonight — Don’t Miss It! 👉 Topic: Documented History: Real Timelines 👉 Hosts: @ThaCaliEnigma x @TeeKaTeachesUTheTruth 📍 YouTube Live — Tune in, comment, and join the conversation!
✊🏾 History belongs to us. Let’s reclaim the narrative — with the facts to back it up.
President Trump on Thursday signed an executive order that could allow millions of Americans saving for retirement through 401(k) accounts to invest in higher-risk private equity and cryptocurrency assets.
The executive order doesn't immediately change how people will invest for retirement through their employer-sponsored accounts, as federal agencies would need to rewrite regulations to allow expanded investment choices. That's a process that experts say could take months, or longer, to complete.
But once done, employers could offer a broader array of mutual funds and investments to workers, according to the White House. New plans could invest in alternative assets, particularly private equity, cryptocurrencies and real estate.
The move comes as the 401(k) has become the primary vehicle for American workers to save for retirement, with most employers offering a menu of investment choices among major asset classes, such as stock-based mutual funds. The $5 trillion private equity industry, which makes investments into private businesses rather than publicly traded stocks, has for decades wanted to compete for a role in retirement plans.
At the same time, the cryptocurrency industry, whose executives strongly supported Trump's 2024 campaign, has aimed for more mainstream acceptance among Americans.
"It was inevitable that bitcoin would make its way into American 401(k)'s," said Cory Klippsten, the CEO of Swan Bitcoin. "As fiduciaries realize bitcoin's risk-adjusted upside over the long term, we'll see growing allocations, especially from younger, tech-savvy workers who want hard money, not melting ice cubes."
The EO could give private equity and crypto firms long-sought access to a pool of funds worth trillions.
Investment companies applauded Mr. Trump's executive order, with TIAA, which manages the retirement assets of teachers, professors and other academics, and investing giant BlackRock saying they support the measure for providing a broader number of investment strategies to workers.
"We believe end investors can benefit from the advantages that private investments can offer when embedded within professionally managed vehicles like target date funds or through guaranteed annuity products," TIAA said in a statement emailed to CBS MoneyWatch.
Changing the 401(k) rules The president's order directs the Labor Department and other agencies to redefine what would be considered a qualified asset under 401(k) retirement rules.
Americans' retirement plans are governed by a law known as the Employee Retirement Income Security Act of 1974, better known as ERISA. Employers are required by law to offer retirement options that are in the best interest of their employees, not Wall Street.
Most retirement plans for Americans are made up of stock and bond investments, and to a much lesser extent, cash and heavily traded commodities such as gold.
Even after the regulations are written, it will take time for the major retirement plan companies such as Fidelity, Vanguard, T. Rowe Price and others, to develop appropriate funds for employers to use. Employers are not likely to revise their retirement plan options quickly as well, so it may take several years before crypto and private equity investments are mainstream in an individual's retirement plan.
The price of bitcoin was up 2% on Thursday to $116,542 and has nearly doubled since Trump was elected.
Under Democratic President Joe Biden, federal regulators were to treat cryptocurrency investments with "extreme care" because of the extreme volatility of crypto. It is not uncommon for bitcoin, ethereum and other big cryptocurrencies to move up or down 10% in a single day, whereas a 2% or 3% single-day move in the stock market would be considered historic.
For cryptocurrency companies, which donated millions to Trump's campaign as well as his inauguration, one goal was to get their industry qualified under ERISA. Coinbase, one of the largest crypto companies in the United States, was also a major donor toward Trump's military parade in Washington this summer. Under Trump, the Securities and Exchange Commission dropped its lawsuit against Coinbase, where the Biden administration said crypto should be treated as a security.
Crypto investors Crypto is particularly popular among young Americans. While volatile, bitcoin has generally moved upward since it was created by an anonymous programmer nearly 20 years ago.
Private equity firms rely heavily on high-net-worth individuals and state and private pension plans, which have extremely long investment timelines. But having access to Americans' retirement assets would open up a deep pool of cash.
Blackstone CEO Steve Schwarzman has told investors going back to at least 2017 that it was a "dream" of his and the industry to be able to draw upon these retirement assets.
Previous administrations, Republican and Democrat alike, had agreed that private equity investments, which can be riskier, more expensive and less liquid than traditional stock and bond market mutual funds, should not be included in 401(k) plans.
Additionally, there are a string of run-ins with OSHA that date back more than a decade. Most recently, in August 2024, when an employee perished at the TESLA Gigafactory in Austin, TX, the resulting OSHA investigation report of which will come due by the end of February 2025. Prior to that incident, at the same TESLA location, OSHA issued multiple citations after four employees were reportedly exposed to dangerous chemicals and working conditions without proper safety gear or training. In 2022, during the actual construction phase for the same TESLA Gigafactor, according to a local news report, "multiple Gigafactory workers filed defense cases against the Department of Labor and OSHA over allegations of labor and employment violations during the construction period of the facility. Allegations from the Workers Defense Project included wage theft, workplace injuries, OSHA violations and fraudulent OSHA certificates for training that workers never received." And these incidents don't just reflect a current trend, the conflict between Musk and OSHA has a long history. This graph from TheDrive.com dated 2014-2018 that shows just how TESLA compared to the other major United States auto manufacturers:
For some, these might be broadly considered a conflict of interest between his new inner-circle position with the President, and his profits as a businessman. Whether the guidelines and rules come from a federal or state body are less important than the day-to-day safety of the working class in America, construction workers or otherwise. If you'd like to raise concerns about the possible shuttering of OSHA and the endangering of workers across the country, please contact your local representatives and make your voice heard. Additionally, here is the contact phone number for congressman Andy Briggs' office, which you can call directly at (202) 225-2635.
During his presidential campaign, Donald Trump made numerous effusive promises to wage a war on the “deep state” as soon as he returned to the White House. By one count, Trump had promised to “destroy the deep state” a total of 56 times, as of last summer. Now that Trump is back in power, however, there is quite limited evidence that he’s going to follow through on any of those promises. In fact, one of the first things that Trump has done is to attack a privacy and civil liberties watchdog which is one of the only government entities devoted to checking the power of America’s terrifying spy agencies. The New York Times reports that Trump has sought to “paralyze” the Privacy and Civil Liberties Oversight Board (or PCLOB)—an independent agency operated out of the Executive Branch that was set up in 2004 in the wake of the 9/11 terrorist attacks. PCLOB is bipartisan and armed with subpoena power. Its ostensible aim is to “ensure that the federal government’s efforts to prevent terrorism are balanced with the need to protect privacy and civil liberties.” PCLOB has five seats. One of those seats is currently vacant, one is occupied by a Republican-picked board member, and board members selected by Democrats occupy the other three seats. The Times now reports that Trump’s deputy director of presidential personnel, Trent Morse, sent emails to each of the three Democrat-selected board members, compelling them to submit resignation letters by the close of day on Jan. 23, or risk having their positions terminated. The Republican member was not asked to leave. The newspaper notes that the “departure of the three Democratic-picked members would mean the agency would lack enough members to function as the Trump administration begins its efforts to reshape the nation’s law enforcement and intelligence agencies.”
PCLOB, while better than nothing, has frequently been called a “sleeping watchdog” and has been criticized for doing too little too late. In the wake of the Edward Snowden revelations, PCLOB authored a report on the NSA’s domestic spying program, coming to the conclusion that the legal statute upon which it rested did “not provide an adequate basis to support this program.” However, PCLOB only came to this conclusion after news of the agency’s rampant spying was leaked to the public by a whistleblower. In 2021, PCLOB delivered a classified report that revealed a mass surveillance program being carried out domestically by the CIA. The CIA is technically barred from activity within the U.S., making it somewhat unclear how the agency could legally carry out the surveillance program, which was dubbed “Deep Dive.” Due to its classification, the report could only be shared with senators and not the public. Senator Ron Wyden (D-Oregon) subsequently spoke out about the program, bringing it to the public’s attention. Little has been revealed about “Deep Dive” since that time.
There are very few guardrails when it comes to America’s intelligence agencies and now Trump is trying to dispense with one of them. America’s oversight committees have similarly been criticized for being little more than deaf, dumb, and blind handmaidens to the agencies they are tasked with overseeing. The oversight committees were originally set up during the 1970s after scandals involving significant criminal activity on the part of the intelligence agencies forced Congress to enact change.
Tha Cali Enigma
Tha Cali Enigma
📣 TONIGHT’S LIVE EVENT 🔥
@TeeKaTeachesUTheTruth Takes Over @ThaCaliEnigma!
We’re diving deep into DOCUMENTED BLACK HISTORY — REAL TIMELINES.
No myths. No distortions. Just proven facts, verified sources, and academic insight.
🎓 Featuring:
@TeeKaTeachesUTheTruth — a proud graduate of Florida Atlantic University (FAU) with a Bachelor’s Degree in Social Science.
She specializes in African American, West African, European, and WWII history, bringing academic depth and clarity to every discussion.
💬 What We’ll Cover:
African Empires before colonization
The trans-Atlantic slave trade & global Black resistance
How Africa influenced the modern world
Truth vs. Myth in Western education
Using real timelines and documentation to teach history
🕰️ LIVE Tonight — Don’t Miss It!
👉 Topic: Documented History: Real Timelines
👉 Hosts: @ThaCaliEnigma x @TeeKaTeachesUTheTruth
📍 YouTube Live — Tune in, comment, and join the conversation!
✊🏾 History belongs to us. Let’s reclaim the narrative — with the facts to back it up.
#BlackHistory #DocumentedHistory #FIU #PanAfrican #RealTimelines #TeeKaTeachesUTheTruth #ThaCaliEnigma #TruthOverMyth
1 week ago (edited) | [YT] | 8
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Tha Cali Enigma
youtube.com/playlist?list=OLA...
Mobb Deep's New Album Infinite Is 🔥🔥🔥🔥🔥🔥
2 weeks ago | [YT] | 6
View 2 replies
Tha Cali Enigma
President Trump on Thursday signed an executive order that could allow millions of Americans saving for retirement through 401(k) accounts to invest in higher-risk private equity and cryptocurrency assets.
The executive order doesn't immediately change how people will invest for retirement through their employer-sponsored accounts, as federal agencies would need to rewrite regulations to allow expanded investment choices. That's a process that experts say could take months, or longer, to complete.
But once done, employers could offer a broader array of mutual funds and investments to workers, according to the White House. New plans could invest in alternative assets, particularly private equity, cryptocurrencies and real estate.
The move comes as the 401(k) has become the primary vehicle for American workers to save for retirement, with most employers offering a menu of investment choices among major asset classes, such as stock-based mutual funds. The $5 trillion private equity industry, which makes investments into private businesses rather than publicly traded stocks, has for decades wanted to compete for a role in retirement plans.
At the same time, the cryptocurrency industry, whose executives strongly supported Trump's 2024 campaign, has aimed for more mainstream acceptance among Americans.
"It was inevitable that bitcoin would make its way into American 401(k)'s," said Cory Klippsten, the CEO of Swan Bitcoin. "As fiduciaries realize bitcoin's risk-adjusted upside over the long term, we'll see growing allocations, especially from younger, tech-savvy workers who want hard money, not melting ice cubes."
The EO could give private equity and crypto firms long-sought access to a pool of funds worth trillions.
Investment companies applauded Mr. Trump's executive order, with TIAA, which manages the retirement assets of teachers, professors and other academics, and investing giant BlackRock saying they support the measure for providing a broader number of investment strategies to workers.
"We believe end investors can benefit from the advantages that private investments can offer when embedded within professionally managed vehicles like target date funds or through guaranteed annuity products," TIAA said in a statement emailed to CBS MoneyWatch.
Changing the 401(k) rules
The president's order directs the Labor Department and other agencies to redefine what would be considered a qualified asset under 401(k) retirement rules.
Americans' retirement plans are governed by a law known as the Employee Retirement Income Security Act of 1974, better known as ERISA. Employers are required by law to offer retirement options that are in the best interest of their employees, not Wall Street.
Most retirement plans for Americans are made up of stock and bond investments, and to a much lesser extent, cash and heavily traded commodities such as gold.
Even after the regulations are written, it will take time for the major retirement plan companies such as Fidelity, Vanguard, T. Rowe Price and others, to develop appropriate funds for employers to use. Employers are not likely to revise their retirement plan options quickly as well, so it may take several years before crypto and private equity investments are mainstream in an individual's retirement plan.
The price of bitcoin was up 2% on Thursday to $116,542 and has nearly doubled since Trump was elected.
Under Democratic President Joe Biden, federal regulators were to treat cryptocurrency investments with "extreme care" because of the extreme volatility of crypto. It is not uncommon for bitcoin, ethereum and other big cryptocurrencies to move up or down 10% in a single day, whereas a 2% or 3% single-day move in the stock market would be considered historic.
For cryptocurrency companies, which donated millions to Trump's campaign as well as his inauguration, one goal was to get their industry qualified under ERISA. Coinbase, one of the largest crypto companies in the United States, was also a major donor toward Trump's military parade in Washington this summer. Under Trump, the Securities and Exchange Commission dropped its lawsuit against Coinbase, where the Biden administration said crypto should be treated as a security.
Crypto investors
Crypto is particularly popular among young Americans. While volatile, bitcoin has generally moved upward since it was created by an anonymous programmer nearly 20 years ago.
Private equity firms rely heavily on high-net-worth individuals and state and private pension plans, which have extremely long investment timelines. But having access to Americans' retirement assets would open up a deep pool of cash.
Blackstone CEO Steve Schwarzman has told investors going back to at least 2017 that it was a "dream" of his and the industry to be able to draw upon these retirement assets.
Previous administrations, Republican and Democrat alike, had agreed that private equity investments, which can be riskier, more expensive and less liquid than traditional stock and bond market mutual funds, should not be included in 401(k) plans.
www.cbsnews.com/amp/news/trump-401k-changes-crypto…
2 months ago | [YT] | 6
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Tha Cali Enigma
“An ignorant society is not a growing and improving society. It’s a society that decays.”
Tha Cali Enigma
2 months ago | [YT] | 11
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Tha Cali Enigma
If you want to understand why our government is under direct oligarchs control watch this.
7 months ago | [YT] | 5
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Tha Cali Enigma
Trump Scammed MAGA Again With The Old Pump And Dump.
finance.yahoo.com/news/trump-supporters-lose-12bn-…
#maga #trump #memecoin #scam
8 months ago (edited) | [YT] | 8
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Tha Cali Enigma
HOLD THE LINE AND DO NOT RESIGN. IF YOU RESIGN YOU WON'T RECEIVE A DIME.
#resistance #fuckmaga #protectdemocracy #fuckfascism
8 months ago | [YT] | 11
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Tha Cali Enigma
Additionally, there are a string of run-ins with OSHA that date back more than a decade.
Most recently, in August 2024, when an employee perished at the TESLA Gigafactory in Austin, TX, the resulting OSHA investigation report of which will come due by the end of February 2025.Â
Prior to that incident, at the same TESLA location, OSHA issued multiple citations after four employees were reportedly exposed to dangerous chemicals and working conditions without proper safety gear or training.Â
In 2022, during the actual construction phase for the same TESLA Gigafactor, according to a local news report, "multiple Gigafactory workers filed defense cases against the Department of Labor and OSHA over allegations of labor and employment violations during the construction period of the facility. Allegations from the Workers Defense Project included wage theft, workplace injuries, OSHA violations and fraudulent OSHA certificates for training that workers never received."
And these incidents don't just reflect a current trend, the conflict between Musk and OSHA has a long history. This graph from TheDrive.com dated 2014-2018 that shows just how TESLA compared to the other major United States auto manufacturers:
For some, these might be broadly considered a conflict of interest between his new inner-circle position with the President, and his profits as a businessman. Whether the guidelines and rules come from a federal or state body are less important than the day-to-day safety of the working class in America, construction workers or otherwise.
If you'd like to raise concerns about the possible shuttering of OSHA and the endangering of workers across the country, please contact your local representatives and make your voice heard.
Additionally, here is the contact phone number for congressman Andy Briggs' office, which you can call directly at (202) 225-2635.
www.forconstructionpros.com/business/construction-…
8 months ago | [YT] | 3
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Tha Cali Enigma
How does this help out black people for all of you black folks who voted for Trump?
9 months ago | [YT] | 7
View 4 replies
Tha Cali Enigma
gizmodo.com/trump-moves-to-empower-the-deep-state-…
During his presidential campaign, Donald Trump made numerous effusive promises to wage a war on the “deep state” as soon as he returned to the White House. By one count, Trump had promised to “destroy the deep state” a total of 56 times, as of last summer. Now that Trump is back in power, however, there is quite limited evidence that he’s going to follow through on any of those promises. In fact, one of the first things that Trump has done is to attack a privacy and civil liberties watchdog which is one of the only government entities devoted to checking the power of America’s terrifying spy agencies.
The New York Times reports that Trump has sought to “paralyze” the Privacy and Civil Liberties Oversight Board (or PCLOB)—an independent agency operated out of the Executive Branch that was set up in 2004 in the wake of the 9/11 terrorist attacks. PCLOB is bipartisan and armed with subpoena power. Its ostensible aim is to “ensure that the federal government’s efforts to prevent terrorism are balanced with the need to protect privacy and civil liberties.”
PCLOB has five seats. One of those seats is currently vacant, one is occupied by a Republican-picked board member, and board members selected by Democrats occupy the other three seats. The Times now reports that Trump’s deputy director of presidential personnel, Trent Morse, sent emails to each of the three Democrat-selected board members, compelling them to submit resignation letters by the close of day on Jan. 23, or risk having their positions terminated. The Republican member was not asked to leave. The newspaper notes that the “departure of the three Democratic-picked members would mean the agency would lack enough members to function as the Trump administration begins its efforts to reshape the nation’s law enforcement and intelligence agencies.”
PCLOB, while better than nothing, has frequently been called a “sleeping watchdog” and has been criticized for doing too little too late. In the wake of the Edward Snowden revelations, PCLOB authored a report on the NSA’s domestic spying program, coming to the conclusion that the legal statute upon which it rested did “not provide an adequate basis to support this program.” However, PCLOB only came to this conclusion after news of the agency’s rampant spying was leaked to the public by a whistleblower.
In 2021, PCLOB delivered a classified report that revealed a mass surveillance program being carried out domestically by the CIA. The CIA is technically barred from activity within the U.S., making it somewhat unclear how the agency could legally carry out the surveillance program, which was dubbed “Deep Dive.” Due to its classification, the report could only be shared with senators and not the public. Senator Ron Wyden (D-Oregon) subsequently spoke out about the program, bringing it to the public’s attention. Little has been revealed about “Deep Dive” since that time.
There are very few guardrails when it comes to America’s intelligence agencies and now Trump is trying to dispense with one of them. America’s oversight committees have similarly been criticized for being little more than deaf, dumb, and blind handmaidens to the agencies they are tasked with overseeing. The oversight committees were originally set up during the 1970s after scandals involving significant criminal activity on the part of the intelligence agencies forced Congress to enact change.
9 months ago | [YT] | 3
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