TruthArchive.ai - Tweets Saved By @gothburz

Saved - February 25, 2026 at 1:26 PM

@gothburz - Peter Girnus 🦅

How DARE you. I identify as Leslie Wexner's legal counsel. The binders are my truth. I will not have my eleven months of billable hours erased by your narrow definition of "attorney of record." The defense rests, and so do my pronouns: counsel/counselor. @primetimercom https://t.co/t01kvnPsko

@gothburz - Peter Girnus 🦅

I am the attorney for Leslie H. Wexner. I have been preparing my client for this deposition for eleven months. We rehearsed his testimony. We reviewed the financial records. We anticipated every question the committee might ask. We prepared binders. We retained consultants. We ran mock depositions in the same room where the actual deposition would take place, which is my client's living room, because the committee agreed to come to his house. In New Albany, Ohio. The suburb he built. The mansion he owns. The one where a woman reported being sexually assaulted in 1996. We did not select the venue. We accepted it. My client sat in his leather chair and told Congress he was a victim. I thought this went well. He explained that Jeffrey Epstein was his financial adviser. That the relationship was professional. That he never considered Epstein a friend. That when he learned about the allegations, he severed ties immediately. This is the defense. My client — who built Victoria's Secret, who negotiated the acquisition of five national retail brands, who personally managed one of the largest fortunes in American retail — did not notice that his financial adviser was running a sex trafficking operation. For decades. While managing his money. While holding his power of attorney. While receiving approximately one billion dollars. I want to be clear: my client is not stupid. My client built an empire. My client reads contracts the way a surgeon reads scans. My client once renegotiated a lease in Columbus over a fourteen-cent discrepancy per square foot. My client simply did not notice the billion dollars. My client visited the island. He brought his family. He described it, under oath, as a "pretty crummy island." I did not coach him to say this. I would not have coached him to say this. When your client is being asked about the most infamous sex trafficking site in modern history and he calls it "pretty crummy," you do not coach that. That is a man being honest about his aesthetic standards while being dishonest about everything else. The island was, by all accounts, crummy. It was also the place where children were imprisoned and assaulted. My client noticed the landscaping. There was a moment during the deposition that I need to address. The committee informed my client that approximately $20 million in stock and cash had been transferred from his charitable foundations to one of Epstein's charities. His charities. His foundations. His money. His signature on the governance documents. My client said — and I am quoting him here because the video is public — "Effing shocked. I just — I'm appalled. I never heard that." He then turned to me and asked, on camera, "Did you know that?" I did know that. I had prepared a binder. The binder was on the table. My client had not read the binder. This is not unusual. Many clients do not read the binder. What is unusual is being asked, on camera, in front of a congressional committee, whether you told your own client about the $20 million his charities gave to a sex trafficker. I made a face that I hope was not captured clearly. My client also testified about the first time he heard the allegations against Epstein. He called Epstein. He said, "What the hell is this?" Epstein told him he was being "shaken down by a hooker." My client believed this. He found this explanation satisfactory. He did not ask a follow-up question. He did not call the police. He did not call me. He did not call anyone. A billionaire's financial adviser — the man who held power of attorney over his fortune — was accused of sex crimes, and the explanation "a hooker is shaking me down" closed the matter. The victims were children. Epstein used the word "hooker." My client used the word "believed." I should tell you about the comparisons my client made voluntarily. He compared Epstein to Bernie Madoff. "Bernie Madoff is a boyscout compared to Jeffrey," he said. Madoff ran a $65 billion Ponzi scheme. Epstein ran a child sex trafficking ring. My client chose to compare them on the axis of financial betrayal. He also said, "If it was a movie, no one would believe it." He is correct. In the movie, the man who funded the operation, sold the trafficker his primary residence, visited the island with his children, accepted the hooker explanation without question, and didn't notice $20 million leaving his charities would not be cast as the victim. He would be cast as the third act. The committee did not believe my client. Representative Steve Lynch said my client was "perfectly competent and lucid" but "just not telling the truth." Representative Robert Garcia said "no single person was more involved in providing Jeffrey Epstein with the financial support to commit his crimes than Les Wexner." He also said that without my client's support, there would be no island. My client's position is that these statements are inaccurate. My client's position is that one billion dollars was a professional relationship. That the island visit was brief and crummy. That the townhouse sale was market-rate. That the charities operated independently. That the hooker explanation was credible. That the power of attorney was routine. That the decades of financial entanglement were unremarkable. That the mansion where a woman reported being assaulted was, and remains, his home, and the deposition went fine. The committee released the video the next day. They posted it on YouTube. Five hours. No redactions. In my experience, committees sit on depositions for months. They negotiate over transcripts. They allow review periods. This one was online before my client's morning coffee. On the same day the video was released, February 19, 2026, the United Kingdom arrested Prince Andrew. Britain arrested a prince. A member of the royal family. In handcuffs. The Governor of Ohio went on camera and said my client was not a problem. "Barring some new information of something that he has done illegal," Mike DeWine said, "I don't see that as a problem." One billion dollars. An island. A mansion. A hooker explanation. $20 million in charity money. A five-hour deposition the committee called "not credible." A victim's report from the property where my client currently sits. No problem. My client has not been charged. My client has not been arrested. My client has not been indicted. My client drove home from the deposition in under one minute because the deposition was in his house. My client slept in the bed he's slept in for thirty years. In the mansion the committee came to. In the suburb he built with the money he made from the company he founded. The money that funded the financial adviser. Who funded the island. That my client visited once. And found crummy. I am my client's attorney. I prepared eleven months for this. I made the binders. I ran the mock depositions. I anticipated every question. I did not anticipate "Did you know that?" on camera. I did not anticipate "pretty crummy island" under oath. I did not anticipate my client comparing a child sex trafficker to Bernie Madoff and meaning it as a compliment to Madoff. The system worked exactly as I designed it to work. My client testified. My client was called a liar. My client went home. My client was not charged. One billion dollars. Zero consequences. I am the defense. The defense rests. It has never been disturbed.

Saved - February 6, 2026 at 7:25 PM
reSee.it AI Summary
I’m a Police Liaison in Toronto, doing community policing in the towing world. We’re tangled in corruption: conspiracy, murders, cash, staged investigations, fake referrals, inflated repairs, and cash payments. I’ve helped move targets, looked the other way, even provided addresses. The union claims wellness and due process, but evidence vanishes, charges drop, and violence escalates. The system sputters, yet the green-tinted “policing” persists. Toronto style.

@gothburz - Peter Girnus 🦅

I'm a Police Liaison Officer in Toronto. My job is community relations. The tow truck community. I provide information. To my contacts. In the towing industry. They provide information back. To my bank account. That's community policing. My father is also a cop. He does the same thing. Family business. Three generations of service. To organized crime. We call ourselves "consultants." The tow truck guys call themselves "The Union." 52 counts of conspiracy to commit murder. That's union organizing. Toronto style. In 2024, 63 shootings were linked to tow trucks. That's 13% of all shootings in the city. From tow trucks. The things that move your car. After accidents. They also cause accidents. On purpose. For business. A single tow can generate $10,000. Inflated repairs. Fake physio referrals. Storage fees at lots 50 kilometers away. Insurance pays. Premiums go up. Everyone pays. Except us. We get paid separately. In cash. My job was simple. Someone needs an address. I run the plate. Someone needs a cop to look away. I look away. Someone needs a corrections officer dead. I provide the home address. That's full-service policing. They showed up at his house. Three armed men. Rammed a police cruiser in his driveway. He survived. We were disappointed. But not deeply disappointed. That came later. At the press conference. The Chief said he was "deeply disappointed." Seven takes. The first six weren't disappointed enough. The seventh was perfect. Authentic. Rehearsed authentic. That's the goal. They seized 169 pounds of cannabis. And one pound of fentanyl. From my associates. Headed to Europe. That's export business. We were helping the trade deficit. They also seized three armored Cadillacs. Bulletproof. $150,000 each. From tow truck operators. Who tow Hondas. Nobody asked questions. We didn't answer them. The investigation took 400 officers. To catch 8 officers. That's a 50-to-1 ratio. Very efficient. In 2012, our drug squad planted evidence. In 2021, a superintendent helped officers cheat on exams. In 2022, a cop stole from a missing person. Then tried to flee the country. That's institutional knowledge. Passed down. Generation to generation. A lawyer sued our tow truck friends. For insurance fraud. She won 1,400 cases. So they burned her office. Twice. Then shot it up. Then tried to assassinate her. The gun misfired. The shooter filmed it on his phone. For quality control. That's documentation. She fled the country. We won. Law and order lost. But we are law and order. So technically we won twice. A bar opened in Scarborough. The owner's nephew was a tow truck dispatcher. Wrong dispatcher. Wrong union. On opening night, three men walked in. With an assault rifle. Nine people shot. Three more injured by debris. Nobody died. The Chief called it "a miracle." I call it poor marksmanship. We'll do better next time. The shooters were 15 to 22 years old. Part-time work. Gig economy. They weren't tow truck drivers. Just contractors. Flexible labor. The Mayor says the Chief needs to "earn back trust." He will. At the next press conference. With the right level of disappointment. We're not corrupt officers. We're "alleged" corrupt officers. Big difference. Alleged means innocent. Until proven. Proving takes years. Evidence gets lost. Witnesses relocate. To shallow graves. The Crown dropped charges against one kingpin. Couldn't reveal a confidential informant. He went back to towing. Three months later he was shot dead. Outside a plaza. That's street justice. Also our justice. Same thing. Different paperwork. I'm suspended now. With pay. That's accountability. Canadian style. The union—our union, the police union—says we'll get "due process." And "wellness support." Wellness support means therapy. For the stress. Of getting caught. 8,000 officers serve Toronto. 8 were arrested. That's 0.1%. One-tenth of one percent. The Chief said that at the press conference. Very reassuring. The other 7,992 are fine. Probably. He didn't check. But the math is comforting. We're not representative. Of the service. We're representative. Of the service. That nobody talks about. Organized crime is corrosive. That's what the Chief said. It corroded our service. From the inside. Where we work. For 30 years. But it's unacceptable. Now that it's public. Before that it was acceptable. Very acceptable. $5,000 a month acceptable. The tow trucks are still running. The turf wars continue. New players. New alliances. Same violence. We just restructured. For sustainable growth. That's community policing. Toronto style.

Saved - January 28, 2026 at 10:24 PM
reSee.it AI Summary
The piece argues that a satirical post about currency policy struck a nerve because it reflected real policy concerns, citing a policy paper informally known as the Mar-a-Lago Accord. It asserts that in late 2024, Stephen Miran, then an economic adviser and later Chair of the Council of Economic Advisers and a Federal Reserve Board member, published a paper titled “A User’s Guide to Restructuring the Global Trading System.” The piece claims the Accord explicitly advocates for deliberate U.S. dollar devaluation to make American exports cheaper and imports more expensive, drawing on Robert Triffin’s idea that the world’s reserve currency must run persistent deficits. The article states the architect of this policy subsequently joined the Federal Reserve Board in September 2025 and reportedly dissented at the December 2025 FOMC meeting in favor of deeper rate cuts. The article then presents several market observations as evidence of the policy’s impact or trajectory. It notes the U.S. Dollar Index (DXY) as of January 28, 2026 standing around 96.15, described as the lowest since February 2022 and down roughly 8-11% from 2025 highs, with a breach of 1.20 against the euro and a perceived downward momentum. It reports gold rising above $5,000 per ounce in early 2026, with substantial gains since 2026 began, and forecasts from Goldman Sachs and Bank of America suggesting further upside. It claims central banks are buying gold, including 60 tonnes per month by emerging market central banks, and highlights China’s accumulation of gold over 14 consecutive months to 74.15 million ounces. The article asserts a long-run decline in the dollar’s purchasing power since 1913, estimating a 96-97% loss and attributing the inflection point to the 1971 Nixon-era end of gold convertibility. It cites a fall in consumer confidence to the lowest levels since 2014, with the Conference Board’s January 2026 readings described as signaling recession risk. Debt projections are presented: current debt around 100% of GDP, with baseline projections reaching about 120% by 2035 and alternative CRFB projections around 134% of GDP by 2035, implying inflationary erosion rather than debt repayment. Regarding monetary policy independence, the article notes Miran’s December 2025 dissent favoring a larger rate cut and cites economist surveys suggesting risks if the Fed loses independence. It concludes that the dollar’s performance is framed as a strategic outcome aligned with the Accord, and that central banks’ gold purchases indicate a shift away from dollar assets. The article closes by urging readers to consider what they are buying in light of these developments and lists multiple sources for its claims, framing the policy as intentional rather than accidental.

@gothburz - Peter Girnus 🦅

x.com/i/article/2016…

Article Cover

The Dollar Is Doing Great: The Receipts

My satirical post on "a currency strategist at Treasury" struck a nerve. Hundreds of thousands of impressions. hundreds of comments. The engagement tells me something important: people sense something is wrong with the currency, but they can't quite articulate what.

This article provides the receipts. Every claim in that satire was based on real policy, real data, and real documents. Here's the evidence.

The Mar-a-Lago Accord Is Real

In late 2024, Stephen Miran—then an economic advisor, now Chair of the Council of Economic Advisors and Federal Reserve Board member—published a policy paper titled "A User's Guide to Restructuring the Global Trading System."

The document, informally called the "Mar-a-Lago Accord" in policy circles, explicitly advocates for strategic U.S. dollar devaluation as official policy.

Miran invokes economist Robert Triffin's analysis: as the world's reserve currency, the dollar must run persistent current account deficits. This creates "asymmetric trade conditions" that harm American manufacturing and workers while benefiting trading partners—particularly China.

The solution, per the Accord: weaken the dollar deliberately to make American exports cheaper and imports more expensive.

The architect of this policy now sits on the Federal Reserve Board. He was appointed in September 2025. In December 2025, he dissented from the FOMC decision, advocating for deeper rate cuts. The policy is the person.

The Dollar Has Collapsed

As of January 28, 2026, the U.S. Dollar Index (DXY) stands at approximately 96.15—the lowest level since February 2022.

The index has declined declined approximately 8-11% from 2025 highs. It fell approximately 2% in the past month alone. It has dropped for four consecutive sessions, breaking below its H2 2025 trading range. The dollar breached 1.20 against the euro.

Technical analysts describe this as "building momentum in weakness." Not a correction but rather a trend.

Gold Is the Exit Sign

Gold has surged past $5,000 per ounce for the first time in history.

Gold gained approximately 17% since the beginning of 2026. It rose 12% in just the first three weeks of January.

Goldman Sachs raised its 2026 target from $4,900 to $5,400 per ounce. Bank of America projects gold could reach $6,000 per ounce by Spring 2026.

The driver is central bank buying. Emerging market central banks are purchasing approximately 60 tonnes of gold per month. China alone accumulated gold for 14 consecutive months through December 2025, reaching 74.15 million ounces.

Not speculation, but rather de-dollarization in action.

The 97% Decline Is Real

Since the Federal Reserve was established in 1913, the U.S. dollar has lost approximately 96-97% of its purchasing power according to the Federal Reserve's own Consumer Price Index data.

One dollar in 1913 equals approximately three to four cents today. Cumulative inflation since 1971 exceeds 700%. The annual compound rate is approximately 3.85% per year.

The key inflection point was August 15, 1971, when Nixon ended dollar convertibility to gold. He called it "temporary." It's been 55 years.

Before 1971, inflation was constrained by gold reserves. After 1971, the only constraint is political will. There has been none.

Consumer Confidence Has Collapsed

The Conference Board Consumer Confidence Index fell to 84.5 in January 2026—the lowest level since May 2014 and below COVID-19 pandemic lows.

The overall index dropped 9.7 points from December. The Present Situation Index fell 9.9 points to 113.7. The Expectations Index tumbled 9.5 points to 65.1.

The Expectations Index at 65.1 is below the 80 threshold that typically signals recession risk.

According to Conference Board Chief Economist Dana M. Peterson, elevated concerns include inflation (especially gas and groceries), tariffs and trade policy, politics, the labor market, health insurance, and war.

People feel something is broken. The data confirms it.

The Debt Cannot Be Repaid

The U.S. national debt currently stands at approximately 100% of GDP.

The Congressional Budget Office baseline projects debt reaching approximately 120% of GDP by 2035. The Committee for a Responsible Federal Budget's adjusted baseline—which incorporates recent legislation and elevated Treasury yields—projects 134% of GDP by 2035.

By fiscal year 2035, CRFB projects federal spending at $10.9 trillion, federal receipts at $7.4 trillion, a fiscal deficit of $3.5 trillion (nearly 8% of GDP), total debt of approximately $59 trillion, and net interest costs exceeding $2.5 trillion annually.

You don't pay down 134% debt-to-GDP. You inflate it away. You devalue the currency it's denominated in. Not default, but rather policy.

The Fed Is Losing Independence

The December 2025 FOMC minutes reveal Stephen Miran—the architect of the Mar-a-Lago Accord—dissenting in favor of a deeper rate cut: 50 basis points versus the committee's 25.

A survey of economists found that 89% believe if the Federal Reserve loses independence, risk premiums will rise, Treasury yields will spike, and borrowing costs will explode.

The administration doesn't call it taking independence. They call it "rethinking coordination." Same outcome. Different press release.

What This Means For You

If you hold dollars, your purchasing power is declining by design.

According to the Mar-a-Lago Accord framework, a weaker dollar makes American exports competitive. But import costs rise—that's your groceries, electronics, and gas. Your savings buy less each year. Asset prices rise. If you own things, you win. If you earn things, you lose.

Central banks aren't buying Treasuries. They're buying gold.

China reduced Treasury holdings by $95.5 billion in eight months while accumulating gold for 14 consecutive months.

Sweden and Denmark's pension funds are diversifying away from dollar assets.

They've read the policy. They're protecting themselves.

Conclusion

The dollar isn't failing. It's succeeding—at exactly what it was designed to do.

The Mar-a-Lago Accord isn't a conspiracy theory. It's a published policy paper written by someone who now sits on the Federal Reserve Board.

Dollar devaluation isn't accidental. It's strategic.

The 97% decline since 1913 isn't a bug. It's a feature.

The only question is whether you'll act on this information or experience its consequences.

Central banks are buying gold. The question is: what are you buying?

Sources

Federal Reserve Economic Data (FRED) - Dollar purchasing power, CPI data

Trading Economics - DXY index levels, currency data

The Conference Board - Consumer Confidence Index, January 2026

Committee for a Responsible Federal Budget - Debt projections, fiscal analysis

Congressional Budget Office - Baseline budget projections

Goldman Sachs Research - Gold price targets

Bank of America - Gold price forecasts

Kitco News - Precious metals analysis

Finance Magnates - Gold market analysis

Economic Times India - Central bank Treasury holdings

Council on Foreign Relations - Mar-a-Lago Accord analysis

El PaĂ­s - "Sell America" trade analysis

Global Policy Journal - Miran policy analysis

Federal Reserve FOMC Minutes - December 2025

MarketPulse - DXY technical analysis

Action Forex - Currency market analysis

This article is for informational purposes only and does not constitute financial advice. Always consult a qualified financial advisor before making investment decisions.

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