Best Of

No denial that it was a corrupt act.
And btw, the felon pled guilty.

Reporter: On the pardon, Binance has significant business interests with the President’s family’s crypto company. How do you respond to allegations that this is a corrupt act?

Leavitt: The President is exercising his constitutional authority to grant clemency requests. This was an overly prosecuted case by the Biden administration.
https://x.com/Acyn/status/1981417027442266367

I never understood why this power even exists. Its is just open for corruption and has been repeatedly.

It exists because it's in the constitution.

The framers were not omniscient or infallible, and I guess the idea of Washington issuing pardons in return for massive bribes just didn't even occur to them. It was literally unthinkable.

I understand this, but what was the thinking behind it in the first place?

The USA was designed as U.K. 2.0

Hence the replacement of the Squirearchy with elected offices (judges, Sheriffs)

The unelected senate was the House of Lords, but appointed by the States.

The President was supposed to be a replaceable Constitutional Monarch. Think George III, but local and elected.

The power of pardon by The King is something from before history.

Rachel Reeves will slash the tax-free cash Isa allowance at next month’s Budget.

The Treasury will roughly halve the £20,000 amount that can be shielded from tax in an attempt to encourage savers to invest in stocks and shares.

Lucy Rigby, the Economic Secretary to the Treasury, told The Telegraph the reforms could be described as “Thatcherite”.

https://www.telegraph.co.uk/politics/2025/10/24/reeves-to-slash-cash-isas-in-budget/

Very annoying for those of us saving for a house deposit!

If you're saving more than £10k per year I'm not sure you need the tax break tbh. The UK average is about £3k.

(Well done though!)

To get anywhere close to a decent deposit before the ice caps melt you need to be saving more than 10k a year. Just another kneecaping for strivers.

Ah come on. It's not a tax on your savings; just a tax on your unearned income.

I like the principle of ISAs because they encourage people to save. But anything above about £5k per year (or gains on a principle of about £20k in total) is undoubtedly a tax break for people in a pretty good financial position - me included.

It's mad that my earned income is taxed at 40%+ but I can make thousands in gains on my ISA and the Treasury doesn't get a penny.

Another mess

https://x.com/Steven_Swinford/status/1981748229357047911?s=19

He's still to explain, as far as I'm aware, why that's relevant when the alleged offences were committed before Starmer was in government.

Anyone ?

The Director of Public Prosecutions has apparently contradicted Starmer's account

It seems this is very complex but the select committees will no doubt get to the bottom of why the trial collapsed and who was responsible and why

It's all a bit pass the blame parcel, and quite unclear where it actually belongs.

A well functioning criminal justice system would have seen them in court before Starmer took office, of course.

Rachel Reeves will slash the tax-free cash Isa allowance at next month’s Budget.

The Treasury will roughly halve the £20,000 amount that can be shielded from tax in an attempt to encourage savers to invest in stocks and shares.

Lucy Rigby, the Economic Secretary to the Treasury, told The Telegraph the reforms could be described as “Thatcherite”.

https://www.telegraph.co.uk/politics/2025/10/24/reeves-to-slash-cash-isas-in-budget/

Very annoying for those of us saving for a house deposit!

If you're saving more than £10k per year I'm not sure you need the tax break tbh. The UK average is about £3k.

(Well done though!)

To get anywhere close to a decent deposit before the ice caps melt you need to be saving more than 10k a year. Just another kneecaping for strivers.