Biff Pusey

Family office investor / Father of 8 / Grandfather of 2 / Husband to a Prov 31 wife / redeemed by Jesus

[The Rabbit Hole @TheRabbitHole]

“Tax the rich”
We already do.

“Make the rich pay their fair share.”
They already do.

These slogans are catchy but inaccurate. They reveal that someone is misinformed on taxation in the United States.

[The Rabbit Hole @TheRabbitHole]

They don’t care for the poor.

They just envy the rich.

[Bad Hombre @Badhombre]

Every dollar Elon Musk has made is traceable. Every product sold, every service rendered, every government contract awarded, every share of stock bought or sold. It’s all on the record.

You, on the other hand, haven’t built a company, invented a product, or created anything people willingly pay for. You’ve spent the last 14 years collecting a $174,000 Senate salary.

Yet somehow you managed to buy a luxury D.C. condo, a $4 million Victorian mansion in Cambridge, and saw your net worth balloon by 150% to $12 million. Everyone knows where Musk’s money came from. The same can’t be said for yours.

[Bill Ackman @BillAckman]

.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.

SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.

Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.

SpaceX will materially bring down the cost of compute, advancing AI and humanity.

Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.

The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.

Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.

Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.

Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.

Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.

We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.

[David Sacks @DavidSacks]

I’ve had a number of conversations with folks inside and outside government about the current situation with Anthropic, and here is what I believe to be true:

— As we know, Anthropic publicly released its Mythos class models earlier this week under the commercial name Fable.

— Fable is Mythos with guardrails. But if those guardrails fail, then you’ve exposed Mythos and its advanced cyber capabilities to people who shouldn’t have them. (Keep in mind that Anthropic itself widely promoted the idea that Mythos was a cyberweapon and needed to be regulated as such. They asked for government regulation of Mythos and championed the guardrails on Fable. If there is a vulnerability — big or small — it is Anthropic’s responsibility to patch.)

— A highly credible trusted partner of both Anthropic and the USG who was testing Fable came forward with a jailbreak of those guardrails. The Admin asked Dario to fix the jailbreak or de-deploy the model. Dario refused.

— In their blog post, Anthropic defended its decision by saying the jailbreak isn’t serious. That is not what the trusted partner and the USG believe; nor is that kind of minimizing language consistent with Anthropic’s brand as the AI safety company. It’s difficult to fathom how they could claim a jailbreak allowing operability of a cyber weapon could be defined as not “serious.”

— In the past, Anthropic has always said that safety must be top priority and taken super seriously. In this case, Anthropic prioritized the continued offering of the consumer model over safety.

— In reaction, the Admin issued the export control. The Admin did this reluctantly. It’s been very surprised that Anthropic hasn’t wanted to cooperate with a reasonable safety request (ie fixing the jailbreak issue). Anthropic’s reaction is very much at odds with their branding and ethos as a safe AI research community.

— The Admin’s hope now is that Anthropic remediates the safety issue, the export control is lifted, and Fable goes back into general release. The Admin wants all of this to happen as soon as possible. It is frankly bewildered that Anthropic hasn’t wanted to comply with safety requests that it previously said were its highest priority.

— Those trying to misdirect and tie this action to the prior DoW/Anthropic issues are wrong. The Admin values Anthropic’s technical capabilities and feels that this issue, while serious, should be easily resolved. The ball is in Anthropic’s court.

[Marc Andreessen 🇺🇸 @pmarca]

If, when you say regulation, you mean the dead and clammy hand of the commissar—the gentleman who has never in his life built a single thing, drafting rules to govern a thing he cannot define, to be enforced by men who cannot read them; if you mean the form in triplicate, the impact assessment upon the impact assessment, the compliance officer who breeds, in the warm dark of the org chart, further compliance officers unto the third and fourth generation; if you mean the moat—the deep cold moat that the giant digs around his own castle and christens, with a perfectly straight face, public safety—the drawbridge he hauls up behind himself the very instant he is across, lest any hungrier and hungrier man should follow; if you mean the precautionary principle, which, had it governed our grandfathers, would have banned the wheel pending further study of the hill, and left us yet shivering and raw in the mouth of the cave, blessing its excellent ventilation; if you mean the European disease—that magnificent open-air museum of a continent, which produces in our time precisely two things in great abundance, and they are regulation, and the eloquent and well-footnoted regret of cultivated men explaining at length why they have produced nothing else; if you mean the license required to think, the permission slip for honest arithmetic, the king’s wax stamp pressed upon the forehead of every new idea before it may draw its first breath; if you mean the agency dispatched, with trumpets, to slay a single dragon, which arrives at the cave, surveys the accommodations, and moves in—and spends the ensuing century laying eggs and devouring the very villagers it was sworn to defend; if you mean the startup that perishes not of the market’s honest verdict but of the filing fee, the genius decamping by the next tide to a freer and warmer shore; if you mean the law that arrives, faithful as the swallows, exactly one whole epoch too late—helmeted, plumed, and magnificently armed—to regulate the stagecoach—then certainly, my friends, I am against it.

But—but, my friends—if, when you say regulation, you mean instead the humble steel guardrail upon the mountain road at midnight, the very thing you curse on the easy days and bless on your knees the one night the fog comes down; if you mean the brakes—for it is the brakes, and not the engine alone, that permit a sane man to drive fast and yet arrive alive—and the buttress, without which no cathedral was ever flung so high, but only in spite of which, but because of which; if you mean the meat inspector, who is the single homely reason a man may eat a sausage in this republic without first composing his last will and testament; if you mean the firebreak cut clean through the forest before the dry season of the burning, the smallpox cordon, the buoy that marks the channel, the rule of the road that lets ten thousand strangers hurtle past one another in the dark at fearful speed and arrive, by its quiet grace, every one of them home; if you mean the honest scale and the true weight, the reason a pound is a pound and a dollar a dollar from Natchez to Nome; if you mean the firm and decent wall between the counterfeit voice and the widow’s bank account, between the deepfaked candidate and the ballot box on the eve of the vote, between the loosed and loveless machine and the schoolyard it neither knows nor pities; if you mean the simple plank of law that says the strong shall not, in the gray dawn, feed the weak quietly into the furnace and sell the rising smoke as progress; if you mean, in the end, the one slender thread of trust without which no citizen will ever dare to use the marvelous thing at all—for where there is no rule there is no trust, and where there is no trust there is no commerce, and a miracle that no man dares to touch is no miracle, but only a handsome and expensive ghost—then certainly I am for it.

This is my stand. I will not retreat from it. I will not compromise one inch of it.

[The All-In Podcast @theallinpod]

David Friedberg: California’s Voting System Looks Fraudulent, But It’s Working Exactly as Designed

@friedberg believes California’s extremely loose election laws enable “appointments” not free elections.

Why? The voting data in LA makes no statistical sense.

“ Pratt's post-election mail-in ballots declined by 1/3.

So statistically, the population of people that send in their ballots late reduced for Pratt by 1/3, increased for Nithya Raman by 80%, and Karen Bass 10% less, if you just look at the mail-in ballots before and after election day as a comparison.

I don't know if there's a sociopolitical way that you can assess those statistics and assume that these are individuals casting their individual vote for who they think should be Mayor of LA.

Basically, the concentration of incremental votes that Nithya Raman got came around the Skid Row area in Los Angeles.

But when you look at the basic statistics of what happened in person, mail-in before, mail-in after Election Day, it becomes a real statistical quagmire on how did this sort of a sociopolitical shift happen in such a way that it did?

Now, there was a report published, and they highlighted the 2018 California midterm elections and the challenges that they saw arise in that midterm election because of some of the legislative changes that were made.

First, California Assembly Bill 1921 legalized the practice of unlimited ballot harvesting in the state. What that means is that any individual in the state of California has the right to go and collect ballots from any other individuals, regardless of relationship, fill them out, and send them in.

California, two years later, 18 months later, also passed a law that made it permanent that every person registered in the state of California would get a ballot, so tens of millions of ballots then get mailed out.

Then there was another series of laws that were passed that said anyone can register to vote. You don't need to prove your citizenship. You can use a gym membership card as an example.

So anyone can register to vote. There is no proof of ID when you get a ballot. There is no demonstration that the person who fills out the ballot has anything to do with the individual who's supposed to be voting that ballot, and it is legal for an individual to go out and collect hundreds or thousands of ballots, ship them in, and they will all qualify in these kind of mail-in ballot voting processes.

So there's nothing illegal or fraudulent going on. In fact, the system is operating exactly as intended.

It has been set up and structured in a way that with the right construct, you can get an individual appointed, not elected, but appointed to a particular role in government under a, quote, ‘free election’ in California.”

[Cynical Publius @CynicalPublius]

“Elon Musk is a trillionaire.”

As a securities law attorney, please allow me to explain how anyone who says this is basically lying to you:

1. The Securities and Exchange Commission has a myriad of laws that prevent founders and other large stockholders of publicly traded companies from dumping their shares. There are substantial holding period requirements, volume of sales limitations and public reporting obligations for stock sales. Basically, Elon holds largely illiquid shares, he is a “trillionaire” on paper only, and the best analogy is when people peg your net worth based on your home’s market price. That’s not money in your pocket, that’s the house you live in.

2. All that money raised in the IPO? That’s not going into Elon’s pocket like the lying socialist idiots want you to believe. It’s a capital influx that will be used to make more rockets and get more payloads into orbit. It’s a CAPITAL investment—that money is like a business loan, it’s not your money to keep, it’s your money to grow the business.

3. If it WERE legal for Elon to dump his shares, the share price would crash basically instantly and the company could very well fail.

If you bought SpaceX shares in the IPO, congrats. You just bought a lottery ticket, just like Elon. May the odds ever be in your favor.

So the next time someone screeches about how unfair it is that Elon Musk creates wealth that benefits all of humanity, throw the truth back in their faces.

[Biff Pusey @BiffPusey]

@nfergus Brilliant analysis as always, but this time of the Beautiful Game. The World Cup Looks Like a Fiesta of Nationalism. Don’t Be Fooled. Beware Americans the new imperialism! https://t.co/lnokF56H6n

[Insurrection Barbie @DefiyantlyFree]

Watched this three times already

[Declaration of Memes @LibertyCappy]

Just like the Founding Fathers intended.

[Ethan Brooks @alt_w_v_g]

My 6 year old has been following the LA mayor's race

He had questions

Two weeks ago he said "daddy, the man from TV said the city spends $1 billion a year on homeless people"

I said "that's true"

He said "did it get better?"

I said "no"

He said "where did the money go?"

I said "a federal judge ordered an audit. The city couldn't account for over $2 billion"

My wife said "it's more complicated than that"

It isn't. That's what the audit said.

He said "the man from TV said one guy who was supposed to help got $23 million"

I said "also true"

He said "what did he buy?"

I said "a $7 million house and a Range Rover"

He said "what did the homeless people get?"

I said "ramen"

The analyst texted me unprompted

"Sir I read the indictment. The unit economics actually work. Just not for the homeless"

I said "do not share that"

He said "sir I already sent it to 9 people"

He said "daddy the man from TV said most of them need treatment, not more tents"

My wife said "that's an oversimplification"

I said "which part is wrong"

She didn't answer

Election night he came running downstairs

"Daddy he's winning. By 40,000 votes"

My wife said "well I guess a lot of people are upset"

They were. The mayor was in Ghana when the fires started.

By Friday the lead was 20,000

By Saturday it was 7,000

He said "daddy they're still counting"

I said "it's been four days"

He said "at school if you turn something in late you get a zero"

I said "California has different rules"

He said "why"

Nobody answered

By Sunday the man from TV was losing by 3,000

My son came downstairs and said "daddy what happened"

I said "the votes that showed up late all went the other way"

He said "all of them?"

I said "enough of them"

My daughter looked up from her cereal and said "I liked the man who said he'd clean up the parks"

She's 4

My wife was quiet

Last night my son asked "daddy, why do they keep counting until the person who was winning isn't winning anymore"

I didn't answer

He already knew

Sent from my iPhone

[Biff Pusey @BiffPusey]

Sports gambling gone wild. Brendan Sorsby granted injunction to play for Texas Tech in 2026, NCAA files appeal. A college football player who admitted to betting on his own games will be allowed to play this fall. https://t.co/WBMTTZXuRs via @YahooSports

[Mike Bales 🫡🇺🇸 @MikeBales]

He’s the President of the United States — not your ex, not your personal villain, and not the cause of your misery. You don’t have to support him. That’s America.

But if someone is simply backing the sitting President and it makes you rage, cut people off, attack families, or act like garbage — you are the problem.

You’ve turned politics into a personality disorder: nonstop outrage and toddler meltdowns online. Grow up. He won. The sky didn’t fall. Pay your bills, care for your family, touch grass, and move on.

[Powerlaw Corp. (Nasdaq: PWRL) @PWRL_]

Exposure to pre-IPO private tech: SpaceX, OpenAI, Kalshi, Deel, Confidential, Kraken, Vast, Databricks, Colossal, Mercor, Tether and more. A public venture fund built by venture capitalists. Only for everyone. Trade PWRL now on Nasdaq.

[Billboard Chris 🌎 @BillboardChris]

When Spencer Pratt becomes mayor I want to hire @dsonoiki for a campaign to help take down gender ideology.

These ads are 🔥.

[Biff Pusey @BiffPusey]

Cool story. A homeschooled path led these brothers to UVA – and a national title shot. Perhaps @UVA should admit more home educated students. https://t.co/2izVqyzKHg

[Biff Pusey @BiffPusey]

Really interesting to participate in the listing of a new closed end fund. Powerlaw, a closed-end fund that owns stakes in SpaceX and OpenAI, is going public without raising any capital. PWRL https://t.co/mu74ZlRro2

[Biff Pusey @BiffPusey]

New Listing: PowerLaw PWRL starts trading on Nasdaq effective May. 27, 2026 https://t.co/SmeJPOC8vm

[Biff Pusey @BiffPusey]

@sjpusey @benonwine You so smart!