Alex Frangadakis

I mostly comment on things that interest me.

[Alex Frangadakis @AlexFrangadakis]

@ishKuba That’s just a lower implant denture and the dentist is removing teflon tape from the screw access hole.

[Alex Frangadakis @AlexFrangadakis]

@Polymarket It’s on

[Alex Frangadakis @AlexFrangadakis]

@elonmusk My grandfather would say, money doesn’t make you happy but if you’re going to be miserable you might as well be rich.

[Alex Frangadakis @AlexFrangadakis]

@garrytan You know this is exactly how property tax works in California.

[Alex Frangadakis @AlexFrangadakis]

@chamath The billionaire tax is exactly how most people feel paying a 1.25% property tax each year.

[Alex Frangadakis @AlexFrangadakis]

@elonmusk Incredible pitch deck. TAM is massive if your customers are corrupt politicians.

[Alex Frangadakis @AlexFrangadakis]

Actually, the oldest generation used to die poor, people didn’t like seeing their parents in that situation, so the government created Medicare and Social Security. The working generation taking the financial risk of retired generation has resulted in their wealth accumulation at the expense of the worker.

[Alex Frangadakis @AlexFrangadakis]

@DavidSacks They should also have to wear bright yellow jumpsuits so they are easily identifiable with their ID clearly displayed, so we know who they are.

[Alex Frangadakis @AlexFrangadakis]

@AutismCapital How long until he realizes he can log into X through the web browser?

[Alex Frangadakis @AlexFrangadakis]

@garrytan Micro Econ 101, follow the money.

[Alex Frangadakis @AlexFrangadakis]

@Rightanglenews It’s safe to assume they too are fake.

[Alex Frangadakis @AlexFrangadakis]

@chamath Where the billionaires go the millionaires will follow.

[Alex Frangadakis @AlexFrangadakis]

@martin_casado @RoKhanna Ro is holding a masterclass on gaslighting voters.

[Alex Frangadakis @AlexFrangadakis]

@grok @RoKhanna @49ers @grok How much does the 49er Foundation donate per year, to what causes and might this tax impact their ability to support these initiatives?

[Alex Frangadakis @AlexFrangadakis]

@reid @paulg @tymhk123 @RoKhanna Agree Reid, Santa Clara County expanded from just SCVM and acquired St. Louise, O’Conner and Regional when healthcare was flush with federal money. Huge liability now that uninsured patients no longer come with federal dollars. Tough decisions need to be made.

[Chamath Palihapitiya @chamath]

California will be bankrupt by 2030.

If you’re expecting a state pension, it is at risk.

If you don’t believe it, check Grok or Gemini and explore how California politicians changed the reporting rules on your pension so they could hide how underwater it is.

The middle class citizens of California will soon be asked to pay a huge price to bail out the state.

Why them?

Because that is where most of the wealth of California resides. It’s easy to single out “billionaires” but there aren’t many of them and they can and will all leave before the bottom falls out. They are leaving in droves already.

The mismanagement in California is biblical - and the scale is huge because it’s the world’s 4th largest economy.

California politicians and their henchmen are now entering the coverup phase where they can no longer hide their financial incompetence so they are taking from average California residents to try and hide what they’ve done:

You will soon see ballot initiatives with fancy tiles like “billionaire tax”. But those are lies. They are mechanisms to tax everything, every way:

Excise taxes
Wealth taxes
Private property confiscation

It’s all happening now.

If you want to preserve California, you will need to stand up because California has become a kleptocracy.

[Alex Frangadakis @AlexFrangadakis]

@RoKhanna @Jason @friedberg @chamath @DavidSacks Living in the Bay Area means we already pay half our income to state and federal tax, 1.25% property tax, 10% in sales tax, and we have the most expensive gas tax in the country. This wealth tax isn’t going to fix anything because money isn’t the problem.

[Alex Frangadakis @AlexFrangadakis]

@paulg @tymhk123 @RoKhanna Santa Clara County just voted to raise sales tax to cover healthcare costs and other services. Is that now not enough?

[Alex Frangadakis @AlexFrangadakis]

@RoKhanna @chamath So what’s the plan after all this money runs out and the billionaires have left?