ChronicTheHedgehog

[ChronicTheHedgehog @OnlyAdamJames]

@marcuslemonis @TheBigMoneyShow @JackieDeAngelis @dagenmcdowell @BrianBrenberg @RiggsReport Who can argue with this is the question

[ChronicTheHedgehog @OnlyAdamJames]

@stoolpresidente Except with GME buddy! Might be time to get back in…

[ChronicTheHedgehog @OnlyAdamJames]

@Chris_Grosse Nantucket. That’s it.

[ChronicTheHedgehog @OnlyAdamJames]

But Toronto is a large city, bigger than many other prominent US cities with respected artists, companies, industries. Plenty of rappers have made it big from all over the US, so not sure the “world class” angle tracks. Is Cleveland world class? Bone thugs, kid cudi, mgk came from that one example, which logically impresses me more than a city right on the US border with 10x the population. Maybe all of Canada unfairly seems soft to the average US hip hop fan, and Drake is just that good that he led the charge to overcome the prejudice. 🤷🏻‍♂️

[ChronicTheHedgehog @OnlyAdamJames]

@2000STOCKMASTER @ReesePolitics Lol!!

[Ryan Cohen @ryancohen]

The people running eBay bought $0 of stock in the open market in the last 5 years.

eBay insiders sold more than $120M in the last 5 years.

[ChronicTheHedgehog @OnlyAdamJames]

@stoolpresidente Except the stock market!

[Jeff Kuhner @TheKuhnerReport]

A bombshell new study says SNAP fraud is rampant in Massachusetts. The state spent over $1 billion in improper SNAP payments from 2022-2024. About 75% of recipients are receiving food stamps ILLEGALLY. Over 1.1 million recipients are now on SNAP, up from 785,000 in 2015. #mapoli

[ChronicTheHedgehog @OnlyAdamJames]

@mcuban Mark- What are your thoughts on the blockchain use case for charity? Being able to track and publicly disclose every dollar, reducing fraud and increasing confidence from the donation base? Surely this would make a charity more competitive.

[ChronicTheHedgehog @OnlyAdamJames]

@MassGovernor You are failing, no other word for it.

[Ryan Cohen @ryancohen]

The Hollow Men

American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.

By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[ChronicTheHedgehog @OnlyAdamJames]

@GovJanetMills Ok Janet

[Chester Tam @islantstudio]

Good morning to everyone in Massachusetts who’s tired of watching blue states pay up to four times more for electricity than red states and being told it’s normal.

This isn’t about technology or resources. Massachusetts has both. It’s about policy decisions that have driven competition out of the market and pushed costs higher, and ratepayers are the ones left holding the bag.

Now we’re being told that utility “relief” bills will help, while at the same time Massachusetts utilities are charging customers interest on the governor’s bill reductions, with no option to opt out. That isn’t relief. That just means more of our money coming out of our pockets later.

Layered mandates, hidden surcharges, and policies that reward spending instead of savings all show up in one place: your electric bill.

If Beacon Hill were serious about lowering costs, we’d be talking about stripping unnecessary charges out of utility bills, opening the market to real competition, and putting ratepayers first instead of asking them to finance bad policy decisions.

People are frustrated because they can see what’s happening. Affordable electricity shouldn’t be a luxury in Massachusetts.

[Chamath Palihapitiya @chamath]

The blue states in the image below have electricity prices that are as much as 4x the electricity rates of the red states.

This is not due to any technological inferiority in those blue states but specific policy decisions that have driven competition out and prices up.

[ChronicTheHedgehog @OnlyAdamJames]

@RealSkipBayless It’s the fucking league skip! Take a lap loser!

[ChronicTheHedgehog @OnlyAdamJames]

@BarryOnHere Both giants Super Bowl losses you can reverse that luck. Sounds like a great hill to die on!

[ChronicTheHedgehog @OnlyAdamJames]

@bhalligan Thank you Halligan! I shared your post all over, Preciate you!

[Mike Urban @agenturban]

this is a BIG one. covering this tomorrow.

[ChronicTheHedgehog @OnlyAdamJames]

@CaptMarkKelly Who does no tax on tips help?