BaseAscent

[BaseAscent @BaseAscent]

"Clouds are not spheres, mountains are not cones, coastlines are not circles, and bark is not smooth, nor does lightning travel in a straight line."
- Benoît Mandelbrot

[Bonchie @bonchieredstate]

How do they not feel embarrassment, constantly claiming they can end all the world's problems with some small fraction of the amount of money they spend every single year?

[Wall St Engine @wallstengine]

Axios reports the US and Iran are discussing moving up the signing of the MOU to as early as Wednesday, remotely, instead of an in-person Friday signing.

If signed electronically, the Strait of Hormuz provisions would take effect and the US may release the text. No final decision had been made as of Wednesday morning.

[Bonchie @bonchieredstate]

Remember when Ilhan Omar wanted to jail her political opponents for accounting errors?

[Watcher.Guru @WatcherGuru]

JUST IN: Elon Musk is now worth more than Bitcoin's entire market cap.

Elon Musk: $1.4 trillion
Bitcoin: $1.3 trillion

[Visegrád 24 @visegrad24]

BREAKING:

The Russian frigate Admiral Grigorevitch has fired warning shots at a British yacht in the English Channel.

The British and French navies are now mobilizing their naval assets to respond

[Elon Musk @elonmusk]

It is humbling to consider that if we harness just 1 millionth of the Sun’s power for AI, that will be much more than a million times the intelligence of all of humanity

[Bonchie @bonchieredstate]

I get that politics is just listless people cozying up to other listless people. Still, it's jarring to see Republicans nuzzle up to Mark Zuckerberg, a dude who funded a left-wing election scheme and relentlessly censored conservatives.

[Jarvis @jarvis_best]

Horrible news for the Lincoln Project.

[Javier Blas @JavierBlas]

What a remarkable outcome: the world's largest ever oil supply disruption failed to create a major energy crisis.

The IEA said 2026 shock was worst than 1973, 1979 and 2022 together. And yet, the cost of oil, natural gas, electricity and coal never surpassed the previous peaks.

[BaseAscent @BaseAscent]

https://t.co/bCXm71YSuV

[BaseAscent @BaseAscent]

RT @greg16676935420: Things must be grim in New Jersey if this is what they’re calling good news

[unusual_whales @unusual_whales]

The U.S. Dollar has lost 30% of its purchasing power over the last six years, per NYT

[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.

[Steve Ferguson @lsferguson]

Elon isn't stealing from me. Illegal aliens and welfare grifters are

[Bonchie @bonchieredstate]

Still thinking about how crazy this is.

Only in the press world could you do something this scandalous, never provide an explanation, be hired by multiple other outlets in the meantime, and then get promoted to head of the White House press corps.

[Marty Bent @MartyBent]

The same government that funded bio labs around the world that brought you bangers like COVID-19 and Lymes disease is here to protect you from powerful LLMs.

[Mr. Star Spangled MAGA @4thOfJuly365]

I know how Elon Musk became a trillionaire, but I don't know how Bernie Sanders, Elizabeth Warren, and Nancy Pelosi became millionaires.

[greg @greg16676935420]

I’m gonna tell my kids this was the worlds first trillionaire

[MAZE @mazemoore]

This clip of Charles Payne during Obama's second term is really incredible. Well done Charles.

In 2010 Obama put the federal government directly in charge of lending money to students. Eliminating private lending made the loans much easier to get, but they were not less expensive.

Before Obama took office, outstanding student debt was less than $100 billion. By 2015, outstanding student debt was approximately $800 billion and almost a third of the borrowers were in default. Of course the price of college continued to soar the entire time.

This is the best part. Payne predicted that someday the politicians would be promising to forgive student debt as a way to buy votes. He was spot on.

There are people like Ro Khanna on this site right now arguing that Elon Musk should be paying down the student debt when it's a problem that politicians created.

[Peter St Onge, Ph.D. @profstonge]

Occasionally I get shit for being so pro-Elon.
3 big reasons why:

#1 He's done more for free speech than Congress who swore to defend it -- both parties.

This matters because America sets the global Overton. And without free speech humanity are sheep to the slaughter.

#2 He's our greatest innovator since Thomas Edison.

When I used to teach MBA Steve Jobs was the ultimate innovator. Jobs -- who invented nothing -- can't touch Elon.

#3 The problems Elon's tackling are among most important.

A lifeboat for humanity, existential risk from AI, the survival of truth, demographic collapse. This isn't colored Macs.