Five People I Refuse to Take Seriously

Former Treasury Secretaries are upset that Elon Musk is targeting Treasury payments. They're really just saying, "You don't have a right to know where your money goes."

Dear Fellow Investor,

Sound the alarm!

Sound the alarm!

LOUDER! LOUDER! LOUDER!

Did you know that efforts to cut government spending and look at where the U.S. has been spending public dollars are efforts to “unlawfully undermine the nation’s financial commitments?”

Those quoted words come from five former Treasury Secretaries in a New York Times op-ed yesterday.

Five Former Treasury Secretaries: Our Democracy Is Under Siege

The above title attempts to combine credibility with fear. It is the ultimate chef’s kiss New York Times headline.

Translation: “Listen as these experts tell you the world is about to end.”

Authors Robert Rubin, Lawrence Summers, Timothy Geithner, Jacob Lew, and Janet Yellen pen this Op-Ed. Here’s the “warning.”

The nation’s payment system has historically been operated by a very small group of nonpartisan career civil servants. In recent days, that norm has been upended, and the roles of these nonpartisan officials have been compromised by political actors from the so-c…