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No issue with innovation. The concern is mislabeling an instrument that’s predominantly marketed to and held by retail. Calling a perpetual preferred share money-market-like blurs what people actually own, and suggesting checkwriting on top of that only deepens the confusion.
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Checkwriting is downstream of what SPAXX is: 40 Act fund, Rule 2a7 compliant, $1 stable NAV, holding Tbills. STRC is subordinated perp pref equity of an operating co with a discretionary dividend. Bolting checkwriting onto the 2nd doesn’t make it any closer to being the 1st.
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Hey @saylor @phongle convince @Fidelity to allow customers to write checks against $STRC. That would be closer to making it money market like. At Fidelity, these money market funds are used in high-yield checking accounts because Fidelity allows auto-liquidation checkwriting: $SPAXX — Fidelity Government Money Market Fund $FDLXX — Fidelity Treasury Only Money Market Fund $FZFXX — Fidelity Treasury Money Market Fund You can write checks against them and Fidelity will auto-liquidate as needed. SPAXX is the default/core option most people use.
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Writing a check may seem old-fashioned, but it's still essential for many transactions. Learn how to write a check in the USA with these simple steps: tycoonstory.com/how-to-write… #financetips #checkwriting #personalfinance @Chime @acorns
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Well all you @LandusAg shareholders Your assets are worth less and less by the week Just a $500 k haircut on your oceanfront property Not even close to checkwriting status yet tho
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6 Aug 2025
I'm officially bankless. I opened up a "cash management" account with a trusted financial firm, and will earn 4% interest on my cash on top of the usual ATM, checkwriting, and bill pay features. It pains me to think about how much interest I've lost over the years with traditional banking.
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12 Jul 2025
Replying to @ClarkHoward
Another good option is Fidelity’s Cash Management Account. It has the added benefit of checkwriting (free checks) and a debit/ATM card with ATM fee rebates.
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$META $10 billion investment into AI startup Scale AI, advanced discussions -BBG The year of checkwriting
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Replying to @PawsnTails4TX
$200 Every year animal orgs throw shindigs at local yacht club for $. The rich bitches get into a checkwriting contest (for status). Orgs walk out with suitcases of money. What about country clubs, to build an "overflow wing" at Harris County? Has anybody been pinging media abouf euths?
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14 Mar 2025
Replying to @DeItaone
Peace talks gain momentum as Saudi summit accelerates. $40B in suspended aid forces real negotiations, not endless checkwriting. Ukraine's mineral contract disputes created leverage—now both sides seek resolution. Facts matter: Previous administration spent $113B with no path to peace. Current approach ties aid to verified progress. That's how you get results. When bureaucrats waste billions, taxpayers lose. When leaders demand accountability, peace becomes possible. Smart diplomacy means clear terms, not blank checks.
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19 Feb 2025
Key Achievements and Actions in Trump’s First Four Weeks (as of February 19, 2025): Foreign Policy and Diplomacy (Focus on Ukraine-Russia Conflict): Negotiation Efforts in Ukraine: The X posts, particularly Trump’s original post (1892242622623699357) and subsequent replies, highlight his focus on negotiating an end to the Russia-Ukraine war. Trump claims to have a superior approach compared to the Biden administration, asserting that he can secure a peace deal with Russia and Ukraine, potentially reducing U.S. financial burdens (e.g., the $350 billion mentioned for Ukraine aid). The web result from The New York Times (web:3) confirms Trump’s swift moves in foreign policy, including freezing foreign aid and prioritizing “America First” diplomacy, as outlined in his Executive Order on foreign policy (web:2). Criticism of Prior Administration: Trump’s posts suggest he believes the Biden administration’s approach—described as “endless checkwriting” and ineffective leadership—failed, particularly with Europe’s role. He claims to be addressing “missing funds” and European leadership shortcomings, as echoed in Olivia’s post (1892276849562063168), which mentions “data on spending, missing funds, and failed European leadership.” Domestic Policy and Economic Focus: Border Security and Immigration: While not explicitly detailed in the provided posts, the X thread mentions Trump’s “America First policy” and “focus on border security” (e.g., Bella’s post, 1892276714505465899). Web results (web:3) indicate broader domestic actions, such as efforts to slash the federal workforce (e.g., IRS layoffs) and implement deregulation, as tracked by Brookings (web:1). Economic Claims: The White House achievements page (web:0) from Trump’s first term provides context for potential early actions, such as job growth and reducing unemployment claims. While specific 2025 data isn’t provided, Olivia’s post (1892261257098449038) claims Trump has “done more in 28 days for America than the last admin did in four years,” suggesting rapid economic or policy initiatives, possibly tied to deregulation or trade deals (e.g., the EU tariff reduction mentioned in web:0). Regulatory and Deregulatory Changes: The Brookings Regulatory Tracker (web:1) notes significant deregulatory ambitions in Trump’s second term, with early actions to delay, repeal, or implement new rules across areas like environmental, health, and labor policy. While specific four-week achievements aren’t detailed, the tracker suggests a rapid pace of policy changes, aligning with Trump’s “unbound” approach described in The New York Times (web:3). Executive Orders and Policy Alignment: Trump’s Executive Order on foreign policy (web:2), signed around February 12, 2025, establishes a “unified diplomatic voice” prioritizing U.S. interests, reflecting his campaign promise of “peace through strength.” This aligns with his X post claims of smarter diplomacy and reducing U.S. involvement in foreign conflicts like Ukraine. Context and Caveats: Source Reliability: The X posts are opinionated and partisan, with supporters like Olivia and Bella praising Trump’s actions. Trump’s claims (e.g., $350 billion for Ukraine, “missing funds”) lack specific evidence in the provided data, but they align with his rhetorical style and public statements reported elsewhere (e.g., NYT, White House archives). Timeframe Verification: The posts and web results suggest rapid action, but exact achievements in 28 days may be exaggerated or preliminary. For instance, negotiation outcomes in Ukraine would take longer to materialize, while domestic policy changes (e.g., layoffs, executive orders) can be implemented quickly. Comparison to Biden: Trump’s posts and supporters contrast his actions with Biden’s, citing Biden’s “endless checkwriting” and “failed leadership.” Web results (web:0, web:3) show Biden’s cautious approach to Ukraine aid ($61 billion approved in 2024) versus Trump’s bolder, America First stance. Summary of Tangible Achievements (as of February 19, 2025): Foreign Policy: Launched negotiations or public statements on ending the Ukraine conflict, froze foreign aid, and issued an Executive Order aligning diplomacy with “America First” principles. Domestic Policy: Initiated border security measures, began federal workforce reductions (e.g., IRS layoffs), and started deregulatory efforts across key sectors. Economic Impact: Claims of job growth or economic revitalization (unsupported by specific 2025 data here), but potentially building on first-term successes like low unemployment and trade deals. These achievements reflect Trump’s stated priorities of nationalism, deregulation, and reduced international involvement, as evidenced in both the X posts and web results. However, the full impact or verification of these claims may require additional data or time beyond the four-week mark. Let me know if you'd like me to dive deeper into any specific area!
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28 Jan 2025
Learn how to write a check with the check writer software. It is possible to customize and print checks easily with Zil Money. Sign up now. Learn more: zilmoney.com/how-to-write-a-… Click here for interactive demo: zilmoney.storylane.io/share/… #CheckWriting #PrintChecks #CheckPrintingSoftware
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Replying to @tracewoodgrains
Not all work is noble: slavery, tyranny, bureaucratic rent-seeking, parasitic union mob boss, pimp, NGO checkwriting, celebrity... not all work is noble and now we're debating which Moreover dignity is not enough: people want status. Many people care a great deal what work they do and free market allocation 100k/yr isn't enough. You can be nice to someone working service, but you can never give them status: the pilot or senator will always have etc. Many people suspect dishonesty because this advice comes from people who have status. As a writer, my friend, you have more status than anyone who would be influenced by your ideas. And I wouldn't say you should quit your path to work burritos et al
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Weren't you the most egregious violator during the House Checkwriting Scandal?
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Replying to @libsoftiktok @FBI
Lately, Tiktokers seem to be doing a lot "we" checkwriting that I doubt their ass is ready or able to cash
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