Self Generated

Exploring the difference between the narratives we believe in, and the actual reality we live in.

[Self Generated @SelfGenPodcast]

The world feels absurd because it is. What can you do about that? That is what I explore.

[Self Generated @SelfGenPodcast]

@Fahadnaimb I was there and I didn't take anything but Frontier has yet to find my bags that were in the cabin. I had important stuff in there. So even if I had to do it again I wouldn't take my bags but I would appreciate not being punished for doing the right thing.

[Self Generated @SelfGenPodcast]

@JanHPeeters @JohnSitarek @Turbinetraveler

[Self Generated @SelfGenPodcast]

@JanHPeeters @JohnSitarek @Turbinetraveler Brother, I was there cabin was full of smoke and people were starting to freak. It took 20 min to get stairs out and firefighters still used regular ladders. Enough armchair quarter backing

[Self Generated @SelfGenPodcast]

@zerohedge Was nuts

[Self Generated @SelfGenPodcast]

@CNN It was nuts.

[Self Generated @SelfGenPodcast]

@garybaumgarten Yes I was on it. No idea, it was almost at liftoff point so had to see us coming. My assumption is suicide

[Self Generated @SelfGenPodcast]

@DENAirport It was nuts

[Aakash Gupta @aakashgupta]

Warren Buffett, in his first sit-down since stepping down as Berkshire CEO, gave the cleanest indictment of legalized gambling in a decade. He called it a tax cut for the wealthy. The math proves him exactly right.

Americans wagered $165 billion at legal sportsbooks in 2025. They lost $16 billion of that. FanDuel pulled $6 billion of the losses. DraftKings pulled $5.3 billion. Every state with legal mobile sports betting collected a tax on the bettor side. New York alone took in over $1.2 billion in 2025 sports betting tax revenue.

Layer the lottery on top. State lotteries generate over $90 billion a year. The bottom half of income earners account for roughly 70% of total spend. The average lottery player makes $38,000. A household earning $20,000 spends three times more on tickets than one earning $30,000. The implicit tax rate, meaning whatever the state keeps after prizes, runs 30 to 50% depending on the game. No other revenue source in America has that base and that rate.

The structural design is the engine. A single straight sports bet carries a hold of 4 to 5%. A four-leg parlay carries a hold above 30%. FanDuel and DraftKings spent five years rebuilding their apps to make parlays the default product. FanDuel's blended hold rate hit 11.4% in 2025, up from roughly 7% in 2022. The product got worse for the customer and the customer wagered more anyway.

Now look at the substitution. Nine US states have no state income tax. Seven of those nine run state lotteries. Seven of those nine have legalized sports betting. The states most committed to never taxing wealth are the same states running the largest extraction machines on people who cannot afford to lose. Read it as policy.

Here is what Buffett is actually pointing at. The state needs revenue. It can raise income tax on the top decile, or it can run a lottery plus a sports betting tax. The second option raises the money from the people who can least afford it. The first option becomes politically optional. New York's $1.2 billion in 2025 sports betting tax is $1.2 billion the state did not have to ask of someone earning $5 million.

DraftKings and FanDuel sell a privatized collection mechanism for a regressive tax that the state never has to defend at the ballot box again. Voters approve legalization once. Collection runs forever. The state takes a cut. The wealthy get a quieter top bracket. The bettor's cut shrinks every quarter as the parlay menu gets pushed harder.

The function of a government, Buffett said, is not to play its people for suckers.

Thirty-nine state governments now do.

[Empire Of Lies @berningman16]

"We have become a Nazi monster in the eyes of the whole world. A nation of bullies and bastards who would rather kill than live peacefully."

"We are not just whores for power and oil, but killer whores with hate and fear in our hearts." - Hunter S. Thompson

[Poetic Outlaws @OutlawsPoetic]

“God created war so that Americans would learn geography.”

― Mark Twain

[Planet Of Memes @PlanetOfMemes]

George Carlin was spot on here.

Words are chosen for specific reasons.

[Self Generated @SelfGenPodcast]

@Tara4America And don't forget paying the interest from borrowing to pay for past destruction!

[Joe Rogan Podcast News @joeroganhq]

RFK Jr: "We need to stop trusting the experts... Trusting the experts is not a feature of science or democracy, it's a feature of religion and totalitarianism."

[Declaration of Memes @LibertyCappy]

Accurate 🎯

[Defiant L’s @DefiantLs]

Tucker Carlson: "We're moving toward one of two endpoints... One is a totalitarian society, where... you have to obey, because you've got programmable digital currency and universal surveillance."

"Or, we're going to have a revolution."

[Declaration of Memes @LibertyCappy]

Why are the two so similar though, for real?

[Enguerrand VII de Coucy @ingelramdecoucy]

A new Star Trek series, but it’s made by people who have actually watched and enjoyed the previous Star Trek series

[TRENDING ➞ 911 @911NewsBreaks]

ALERT: 🚨 Unidentified object captured in the sky Near Dallas appears to explode or burn up before reaching the ground.