This is the final straw.
Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas.
I am in the camp that believes a deal with Iran will get done. And when it does, oil will drop, interest rates will follow, and a real peace dividend will begin to ripple through the global economy as the Hormuz risk premium comes out of the system.
President Trump’s Iran deal is not the end of a war. It is something rarer: a decisive victory that changes the terms of the war.
Trump’s Iran deal is a Trafalgar moment: a single, brutal victory that doesn’t end the war, but decides who holds the decisive weapon. In classic Mahanian fashion, it seizes the Strait of Hormuz out of Tehran’s grip and smashing its ability to weaponize the world’s oil supply. The agreement rips away Iran’s most dangerous levers, energy blackmail, nuclear ambiguity and the cash flow that fuels global jihad, even as the regime survives.
Critics who demand regime change will howl. But if this deal is completed, it will stand as the moment the balance turned, just as Nelson’s annihilation of Napoleon’s fleet at Trafalgar settled who would command the seas.
The peace dividend is not only about cheaper oil. It is about a world in which one of the most dangerous regimes on earth has less money to fund terror and less cover to hide a nuclear program behind constant crises. When the main state sponsor of jihadist violence loses its favorite leverage over global energy and finance, risk premiums fall not just at the pump, but across the entire security and investment landscape.
Georgia should not have “black districts” nor should Georgia have “white districts”
Georgia should have congressional districts that are not drawn on racial lines at all
Not sure why Atlanta’s paper of record advocates otherwise
The official narrative has gone from:
-Covid was naturally occurring, and there are no biolabs in Ukraine whatsoever
To:
-Covid was man-made, and the US funds over 30 biolabs in Ukraine
OOPS! Simple mix up! Nothing to see here! I’m sure they lied for a good reason!
Ro, you’re lying and you know it.
You compared a man’s net worth to a country’s GDP. A balance sheet to a year of output. You went to Yale. You learned the difference between a stock and annual output flow.
But being a politician and lawyer, you love to lie and gaslight the economic illiterates, it’s your entire business model.
You want a 5% tax on Elon to fund free trade school for every American.
Trade school costs $80B/yr, you can’t even fund a year.
Elon doesn’t have $55B in cash. It’s stock. You know this.
To pay, he sells roughly $70B of Tesla and SpaceX shares, and the sale itself gets taxed on top. SpaceX raised $75B at its IPO this morning at a $1.77 trillion valuation.
Imagine him selling that amount every year.
Ro isn’t taxing Elon. He’s taxing everyone who gas exposure to the market. Every pension fund and index fund on the planet gets wrecked. And given Ro, he’ll insider trade and short before the bill passes.
And for what? To rip capital from the best allocator alive and hand it to the most incompetent institution in human history. Elon turned PayPal gains into Tesla and SpaceX: 120,000 jobs, launch costs down 90%, two industries that didn’t exist, a $1.77 trillion company from nothing.
You’ve never built anything. You’ve never employed anyone. You’ve never created a dollar of value in your life. You collect a government salary and demand tribute from men who do what you can’t.
Your machine spends $7 trillion a year and still runs a $1.8 trillion deficit. It loses up to $521 billion a year to fraud. More than your entire tax raises. The Department of Education went from $34 billion in 2000 to $268 billion in 2024. 8x the money. Reading scores at multi-decade lows. Trade schools still unfunded.
You don’t lack money. You lack competence, and you want Elon to subsidize it.
You haven’t donated your wealth. You haven’t moved into government housing. Empty your accounts first, Ro. Then preach.
Elon’s options get taxed as ordinary income at the top rate when exercised. Over $500 billion in lifetime taxes, the largest tax stream from one human ever. You want $55 billion now in a way that craters the shares the $500 billion depends on. Your tax doesn’t raise money. It kills the companies, kills the jobs, kills the pensions, and torches a bigger check already in the mail.
You’re the monkey in the middle, Ro. You can’t build. You can’t allocate. You can’t even count. So you eat from everyone else’s pie and call it fairness.
I think it’s nice that Rubio and Newsom are sitting together at the World Cup.
I think it’s nice that Vance is going on The View.
More broadly, I think it’s nice when people behave normally, even when their politics diverge sharply.
If he’d hired Elon to build his high-speed rail project, it would have been finished by now, instead of moldering, unbuilt, as a symbol of government incompetence and waste
💥NEW: Stephen A. Smith: “I would give anything to be able to say something definitively in Karmelo Anthony’s defense. If there was a shred of innocence to the incident itself, I would say so. I don’t want to see another black young man going to jail.”
“But I don’t give a d*mn about what your race or ethnicity is. Just because you’re white and young doesn’t mean you deserve to be m*rdered. And just because you’re black and young … doesn’t give you a license to m*rder someone.”
“That’s what happened.”
Imagine if Elon Musk had a global platform that anyone could use for free to bitch about Elon Musk not doing something with his money that would benefit others......
Iran launched multiple one-way attack drones in an attempt to strike commercial ships transiting the Strait of Hormuz. U.S. forces have downed all of them in recent hours as traffic flow through the strait continues unimpeded. The international trade corridor remains open for transit.