Every fucking problem can be traced back to liberal white progressives
They change policing to treat races differently
They want trans children
They want men in women’s toilets
They want rent control
They want illegals
They want sharia law
They want gov grocery stores
It’s way more efficient to just give them their own country and have nothing to do with them
Just today I was in a store with a black guy who was mumbling to himself
After he walked out a woman went to the counter and told the cashier that he had scooped several items into his bag before leaving
The cashier said he does it all the time but the company wouldn’t let her call the police because they wouldn’t do anything anyway and it looks bad
Everyone has been in this situation, they see a black person breaking the law or just the basic rules of civilized society but they stay quiet because they know that the black person will likely become violent if confronted and they will be called racist
Austin Metcalf broke the sacred unwritten law of the United States
He held a black man to the same standard he would hold a white man to and paid with his life
@johnkonrad Why are lib white progressives still suffering from TDS? Whats the cure?
Somehow they’ve become convinced that the only way to do things is the inefficient, grifty way
This is outrageous: We requested surveillance video of four recent homicides on the LA Metro. The authorities are now denying our lawful FOIA—because they are scared the truth will get out.
Hey @MetroLosAngeles, preserve your documents. We're not going to stop.
We know that many of companies are close to liquidations, @DWFLabs is more than happy to lend you cash for whatever needs.
We accept altcoins as collateral, loan size 1 to 50m$
HOLY SH*T
Bellingham High School in WA held a pride event where drag queens danced provocatively in front of CHILDREN
They are coming for your children.
You can contact the school here: 360-676-6575
Christians built the west and invited non Christians to live alongside them
Now Christians are getting slaughtered persecuted
Stop being weak and start playing offense
🚨(1)BREAKING: Christian community police officer wins settlement after being forced out of his role for questioning and criticising Islam during diversity training.
Luke Salmons, who has been supported by the Christian Legal Centre, was suspended for six months, forced to resign and put on a police barring list after he had questioned radical Islam in a training session.
He had been told that the session was a 'safe place' for discussion, but after expressing his beliefs, the consequences were devastating.
After taking legal action, his case has now been settled on confidential terms, however his story raises serious concerns about free speech and religious freedom in UK policing.
See more in this thread 🧵on our website and breaking in the media:
https://t.co/Ed9elAMIKa
https://t.co/sAkxcVf9PW
We just fucking wrote about this, but let me give you my thoughts as a trader as to why this is batshit insane and you're smoking more crack than @HunterBiden was if you're doing this trade (at least he appears to be just straight up long $HYPE).
Saylor has the following problem:
1 - His asset is BTC.
2 - BTC is the rationale for the price of his common stock.
3 - He has ~15Bish of preferred stock at about 10% outstanding coupons, using round numbers.
So this means we're looking at $1.5B of annual cash needs against a current cash pile of $900mm.
The market has correctly figured out Saylor has to do one of the following:
Start selling BTC to pay dividends
or
Stop paying the dividends
The former is awful for MSTR holders, the latter is awful for preferred holders, especially because once they stop, they should remain stopped until either BTC goes way back up or the company blows apart.
That means the thing marketed as reliable income is going to turn into indefinitely trapped capital with no cash flows.
Why would Saylor do this? Well, he probably assumed BTC would go up forever, faster than 10% per year. If you do that, it all makes sense. But if you don't believe that, the whole thing is batshit insane.
Right now, it's either that prefs eventually eat the value of the equity and likely create an inescapable snowball of death, but on a very long timeline, or that he's going to have to sell a shitload of BTC to redeem it all, or he's going to do neither and just pray it goes back up, which itself is the market overhang for a 4% holder, which means we're going to get the worst of both worlds.
That means if you buy STRC you could be waiting many years for a court to work this out and praying BTC holds up during that time so you get cashed out (and Saylor doesn't find other creative ways to incinerate money before that point).
There's a price at which I like STRC, as a former distressed guy. It's not in the 90s. Hint: it's not even in the 80s.