Tom Labus

Lots of management experience over career. Doing mostly market stuff these days.

[Mark Cuban @mcuban]

I have an idea for you. Get a bunch of Dem donors to buy or lease or take over a small hospital. Plenty are close to going out of business.

Have it charge ONLY MEDICARE RATES. For everything. Be completely transparent with every penny you spend so everyone can see what it truly costs to run a small hospital.

See if you can make it work. See what services you can offer. Do not ask for any government subsidies. It has to operate at least to break even.

There are some hospitals that already do this. It wouldn’t be unique. If it works out, you can buy another one. Then another one. Till you have a network.

I’ll help where I can. And for those asking the inevitable, I have tried. As I posted earlier, they all ghosted me after learning how transparent I wanted to be.

[Senator Rand Paul @SenRandPaul]

A reminder that the Constitution was not written to restrain the citizens' behavior.

It was written to restrain the government's behavior.

[jack @jack]

we're going to start talking a lot more about our intelligence tools. this is the beginning of the beginning.

[Senator Reverend Raphael Warnock @SenatorWarnock]

ICE is already larger than the Marines. And Republicans in Washington are trying to give them even MORE money.

What if we funded health care instead?

[Marc E. Elias @marceelias]

You can be a Republican in good standing and be against tariffs.

You can be a Republican in good standing and be against the Iran war.

You can be a Republican in good standing and be pro-choice.

The only thing that you cannot be is in favor of free and fair elections.

[Acyn @Acyn]

Buttigieg: We didn't know it, but we've all been trusting our lives to the restraint of whoever the president might be. And now we have a president who is completely unrestrained. And so the only answer to that is a functioning Congress.

It turns out we do not have a functioning Congress. The House of Representatives is not representative. One of the most important organs of our democracy is not democratic.

They say, "Oh, no. We're not manipulating the map to disempower black people. We're manipulating the map to disempower Democrats who happen to be black people.”

So, the time has come to make it impossible to manipulate the map for any reason and just have fair maps.

[ᴛʀᴀᴄᴇʀ @DeFiTracer]

🚨 SPACEX NEEDS TO GROW 600X TO JUSTIFY ITS IPO PRICE!!

No company in the history of capitalism has ever come close to that.

Current revenue: $18,700,000,000
Revenue needed by 2035: $1,100,000,000,000

That requires 50% annual growth every single year for a decade.

Not one bad quarter, not one slowdown, not one miss.

In 2035 alone SpaceX would need to add...

JUST IMAGINE. $360,000,000,000 IN REVENUE.

That's MORE than $NVDA added during its entire record-breaking year

To put that in perspective:

SpaceX would need to generate 2.4% of the ENTIRE US GDP by itself.

More than whole industries produce combined.

Now look at what they're actually working with:

Current losses: $4,280,000,000 in Q1 2026 alone
Total losses since founding: $41,300,000,000
Not a single profitable year on record

Starlink is real, launches are real, the technology is real.

But the valuation has nothing to do with.

At $1,750,000,000,000 you're not buying a rocket company.

You're buying a math problem that has never been solved in market history.

Amazon at peak growth, Apple during its best decade, Google in its prime.

None of them came anywhere near this growth requirement.

The IPO is June 12.

Insiders have been waiting years for this door to open.

By November 93% of their shares are free to sell.

Draw your own conclusions.

This sounds SCARY, but I'll be tracking every move around this listing.

I will post my moves here so my FOLLOWERS can SAVE their money.

Follow me and turn NOTIFICATIONS ON, as I will share my strategy soon.

Many will regret not following me earlier...

[Blue Georgia @BlueGeorgia]

Susan Rice absolutely schools Bill Maher on Iran.

[History Calendar @historycalendar]

82 years ago tonight 156,000 troops waited for what would be the largest amphibious invasion in history. Many wouldn’t know whether they’d live to see another sunset. In the end, about 4,400 of them would lose their lives on the beaches of Normandy.

[Terry Moran 🇺🇸 @TerryMoran]

We’re all supposed to pretend this isn’t happening a lot?

How does this make us look to the rest of the world?

[Dylan Byers @DylanByers]

New statement from Scott Pelley:

There has never been anything in America like 60 Minutes.

The Sunday tradition is the most successful program of any kind in history. For more than a decade, its innovative growth on every major online platform has extended its reach to countless millions around the world. This spring, at the end of our 58thseason, 60 Minutes grew rapidly with an unheard-of 9% jump in viewers on CBS.

“60” has been the number-one program in America for decades because our beloved audience finds integrity, quality, and humanity in our stories. When stewardship of the program passed to my colleagues and me, our responsibility was to expand energetically into a new age of media technology while preserving the values our audience expects. Now, the new owner of our network is casting this legend aside, apparently to curry a moment of favor with the Trump administration.

The waste is heartbreaking.

Last month, 60 Minutes lost its DNA when our entire senior leadership and two of our best on-air correspondents were cruelly fired without cause. Good people were silenced because they stood up for our audience. They stood for fairness against the forces of political bias; they stood for professionalism against chaos.

For my part, new management has instructed me to inject falsehoods and bias into a politically sensitive story. I’ve been told to include assertions that are unverified. To date, in every case, I have managed to ignore these instructions or refuse them. Recently, politicians have been invited to choose correspondents for interviews on the broadcast. Giving politicians control over 60 Minutes interviews is not how this is done. Finally, incompetence and unprofessionalism in the new management have wreaked havoc. In a case involving one of my stories, the entire program came within 19 minutes of not getting on the air at all.

At 60 Minutes, we have fought harder than anyone knows to save the program that became an American icon. We owed that to our millions of viewers. I am deeply moved by the thousands of wishes we have received to “keep up the good fight.” Most of the men and women of CBS News are still in that fight. But now the collapse of values at the top has become untenable. The leadership of 60 Minutes is no longer recognizable. The principles I hold dear are gone, and so I must leave as well.

I depart after 37 years at CBS with one emotion—a heart brimming with gratitude for the men and women of CBS News who encouraged and enriched my work, very often at the risk of their own lives. I pray for a day when those people and their ideals are honored again—a day when sanity, competence, and courage return.

Scott Pelley

[Qasem Al-Ali @AlaliQasem]

🚨 EMERGENCY SPR ALERT 🚨

The U.S. just burned through 57.7 million barrels of Strategic Petroleum Reserve in 3 months.

At this pace — America’s emergency buffer hits 300mb by August.

🧵 A thread on what this means for oil markets 👇

[Reuters @Reuters]

Federal Reserve Governor Jerome Powell warned about the impact of a politicized Fed and made a broader call for the defense of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank https://t.co/tVIOXqGCUT

[Jack @jackcoder0]

Two economists just published a mathematical proof that AI will destroy the economy.

Not might. Not could. Will — if nothing changes.

The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."

An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.

Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.

The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.

No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.

Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.

Source: Falk & Tsoukalas · Wharton School + Boston University ·

[Steve Hanke @steve_hanke]

Insurers at Lloyd’s of London are now pricing the risk of reopening the Strait of Hormuz.

About 1,500 ships are stranded in the Persian Gulf, waiting for coverage to move again.

NO INSURANCE = NO TRADE = NO HORMUZ RESTART.

[Governor Newsom Press Office @GovPressOffice]

In almost 18 months, Trump has implemented 92% of Project 2025’s recommendations for the White House.

This should be alarming to everyone.

A total destruction of our institutions from within — so they work less efficient for YOU.

[Governor Christine Todd Whitman @GovCTW]

"We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people." - JFK

[Andy Kim @AndyKimNJ]

My heart broke to see Americans fighting Americans in our streets yesterday. As I saw ICE agents tackling civilians and firing pepper balls into the crowd, I was overwhelmed by how broken we’ve become. We cannot normalize this violence. Here’s what happened at Delaney Hall: THREAD

[Lisa Abramowicz @lisaabramowicz1]

Traders aren't listening as much to Fed speak as forward guidance and instead are pricing in rate hikes with more certainty than what's coming from US central bankers. Last week, US 2-year yields climbed to 50bp above the Fed funds rate, the biggest gap since late 2022.

[Team Ossoff @TeamOssoff]

Ossoff: I am hearing from Republicans who come up to me on the street, or they approach me at the airport, or maybe they have my number and they give me a call, and they're telling me that they are voting for a Democrat for the first time this year because they've just had enough.

The abuses of power, the blatant self-enrichment and corruption, while the American people face all-time high prices for rent and groceries and a meal out at a restaurant and the power bill — the people have had enough. And I believe that a mighty wave is building to rebuke these abuses of power and to restore checks and balances.