Imagine buying the American federal state the way a firm buys a distressed company: everything on the books becomes a line item to price, hold, or sell. I treated it as a portfolio of 49 unexercised options and ran them through an acquisition optimizer's logic. What gets cut, what gets kept, what quietly gets monetized. The interesting result isn't the cuts. It's how coherent the whole thing looks once you evaluate it on pure value and stop pretending it's about mission.
https://www.jakelawrence.xyz/research/what-the-state-keeps
Jake Lawrence
npub1fe…kmjwu
2026-07-10 21:21:13 GMT
Author Public Key
npub1feykys5dkv2szz7lan5m43kjr3lde0zhuacw6nc4kn23gvwqmvds5kmjwuPublished at
2026-07-10 21:21:13 GMTEvent JSON
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"content": "Imagine buying the American federal state the way a firm buys a distressed company: everything on the books becomes a line item to price, hold, or sell. I treated it as a portfolio of 49 unexercised options and ran them through an acquisition optimizer's logic. What gets cut, what gets kept, what quietly gets monetized. The interesting result isn't the cuts. It's how coherent the whole thing looks once you evaluate it on pure value and stop pretending it's about mission.\n\nhttps://www.jakelawrence.xyz/research/what-the-state-keeps",
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