Adam Leady

[Adam Leady @aleady2]

@therealgerlach @GrainStats

[Adam Leady @aleady2]

@SportsProphet__ @pamelam35

[Adam Leady @aleady2]

@Bellsadick783 @TristanThomasTV #famILLy

[Robert Sterling @RobertMSterling]

Reminder: Profit is a good thing.

This should be an obvious statement. But, since our youngest and most educated citizens keep voting for people like Zohran Mamdani and AOC, apparently it needs to be reiterated.

Profit is a good thing. It is critical for a progressive, flourishing society, and the ethical pursuit of it should be celebrated, not criticized.

What is profit?

Profit represents the financial gain that accrues to owners of a business when total revenue exceeds total costs. Put simply, it’s how much business owners get to keep when they’re able to sell things for more than it costs to create them.

Socialists commonly denigrate profit as “exploitative” or “parasitical”; if they’re trying to sound fancy, they’ll say things like “the surplus value of labor that the bourgeoisie capitalist class has extracted from the working class.”

They are wrong.

Profit serves two extremely valuable—and irreplaceable—roles in society, even for people who don’t own businesses:

1. Profit rewards risk and incentivizes growth. All economic ventures that create value for the wide range of stakeholders in our society—from financial parties, such as investors and lenders, to customers, suppliers, employees, governments, and community organizations—have financial outcomes that are inherently uncertain. This uncertainty is called risk, and, in varying levels, it is inherent to any project without a guaranteed and instantaneous payout.

Without profit, there would be no incentive for companies and their shareholders to assume these risks. Without profit, there would be no capital investments (e.g., equipment purchases, new factories), innovation (e.g., new technologies, pharmaceutical R&D), or entrepreneurship. Without profit, there would be new jobs created, no new restaurants to enjoy, no tax revenue to fund government benefits, national defense, public education, municipal parks.

Profit is the mechanism that makes progress possible, for business owners and employees alike.

2. Profit sends a signal to the rest of the economy that a certain product or service is valuable, and that someone should make the investments necessary to supply more of it. Economists refer to this as a price signal, and it’s virtually impossible to replicate outside of profit creation in a market-based economy.

When auto manufacturers are able to sell cars profitably, it sends a signal to the market for competitors to produce more of them (whether through greater capacity utilization at existing facilities or by constructing new factories). This leads to more cars being produced and sold, lower prices for customers, greater labor demand, and, over time, stronger wages for employees.

The same applies to plumbing companies, iron ore mining, wheat production, new medications, video games, coffee shops, and every last job in the labor market. Profit provides the signal that subtly directs every economic decision across our complex, wonderful, multifaceted society.

It sounds simple, right? But there are millions of variables here across millions of economic participants, all of them changing continuously. What looks seamless in a market-based economy becomes impossible to model in a centrally planned one. It’s laughable to even try.

Our modern-day capitalist society is nothing short of a miracle. It may not be perfect, but it’s vastly superior to any other economic system ever attempted or imagined.

Profit is a foundational pillar of that system, and it deserves respect as such. Keep that in mind next time you’re at work, checking out at the grocery store, or filling out your ballot in a voting booth.

[Adam Leady @aleady2]

@Paulie_WT 100%

[Chicken Dinner 🐔 @chickenxdinner]

In the spirit of today’s Kentucky +8.5 bet, let’s give a hoodie away at 8,500 followers. It’s only fair. Retweet to throw your name into the mix. 🐔

[Chicken Dinner 🐔 @chickenxdinner]

Nice chunk of new followers. Let’s give away some hoodies. Retweet and we’ll send out two on the house. 🐔

[Nick Borrman @BorrMan00]

Saturday ⚽️ #Freebies

All 1 unit
🏴󠁧󠁢󠁥󠁮󠁧󠁿Everton DNB (+0) -120
🏴󠁧󠁢󠁥󠁮󠁧󠁿Burnley/Sheffield u2.25 +100
🏴󠁧󠁢󠁥󠁮󠁧󠁿🇩🇪🇪🇸MLP Arsenal + RB Leipzig + Real Madrid -135
🇩🇪Gladbach/Hoffenheim o3.5 -110
🇮🇹Genoa/Empoli u2.25 -110

$50 to someone who LIKES and FOLLOWS if we go 5-0, $25 if we turn a profit

LFG🔥

[Nick Borrman @BorrMan00]

Latest episode of @StoppageTimeWT breaking down three big ⚽️ matches this weekend

🏴󠁧󠁢󠁥󠁮󠁧󠁿Newcastle-Man United
🇪🇸Barcelona-Atletico
🏴󠁧󠁢󠁥󠁮󠁧󠁿Man City-Tottenham

Enjoy the games and good luck!
https://t.co/pGNtT6q49i

[Adam Leady @aleady2]

@Bellsadick783 @ATRightMovies

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

Let Your Kids Fail

SBF is fully accountable for his actions.

SBF is also a product of a generation of parents that have raised kids by removing any obstacle to success from their path.

SBF never experienced adversity in life.

Take video games today.

They don’t have scores.

There is no goal. No one is a loser.

There is no concept of winning.

SAT Scores and standardized tests are going away, because they hurt feelings.

We understand that performance matters in Athletics.

But we do not allow competition in Academics and tolerate mediocrity professionally because of ‘feelings’

There is a desire to protect kids from ‘bad feelings’.

Bad feelings are bad and should be avoided.

Parents have removed the roadblocks and adversity in kids lives.

Parents are doing kids homework in high school.

Ex-Admissions officers write college application essays that are designed to key into diversity rather than meritocracy.

Parents continue to write essays for their kids in College.

Then Parents line up the Internship at the fancy Wall Street Bank.

Life is perfectly smooth.

Life is playing bowling with the bumpers on.

These kids grow up with a false sense of competence and esteem.

*Adversity and suffering teaches humility*

SBF and Elizabeth Holmes are product of the ‘bad feelings generation’.

When they are told they can’t fail and are unique snowflakes, they act entitled.

Entitled to do what?

Entitled to do whatever they want.

Including fraud. That’s how their video game is wired.

The best flowers are those that struggle break thru the concrete and blossom.

Their roots grow strong.

Treat your kids the same way.

Let them stumble and fall. Hold them in their suffering. Don’t walk the path for them.

You will be teaching them lesson of personal accountability, humility, and self-cultivation.

Let your kids fail.

[Adam Leady @aleady2]

@Paulie_WT This game is drunk

[Adam Leady @aleady2]

@thekimreaper82 @nflmemes Shit got real when @Bellsadick783 put bbq on the line

[Adam Leady @aleady2]

@cvvance88

[Midwest vs. The Rest @midwestern_ope]

Every Midwest relationship consists of someone who is too hot and someone who is too cold fighting for control of the thermostat

[Chicken Dinner 🐔 @chickenxdinner]

We picked up lots of new followers the last couple days. Let’s do a giveaway. Two hoodies on the house. Retweet to join the fun. 🐔

[Adam Leady @aleady2]

@cvvance88

[Midwest vs. The Rest @midwestern_ope]

I believe in science. I also believe 60° in September is colder than 60° in April.

[Sammy P @spshoot]

I’m giving away two copies of @BradPowers7 college football betting preview. This is a must-read. Brad continues to do the homework so you don’t have to.

Retweet to qualify.

[Chicken Dinner 🐔 @chickenxdinner]

This little ol’ podcast is approaching 7,000 followers. Thank you so much. You know the drill, once we get there, two free hoodies will be given away. Retweet this post to qualify. 🐔

[Chicken Dinner 🐔 @chickenxdinner]

This hoodie looks so fresh on @SIRwoo7 that we’re gonna go ahead and give one away before kickoff of Chiefs-Steelers tonight. Free 99.

RT to join the giveaway. 🐔

[Cookie Monster @MeCookieMonster]

Da best thing you can cook is cookies. Dat's why they spell it dat way.