BREAKING: Berkshire Hathaway discloses new purchases of Alphabet, $GOOGL, Macy's, $M, and Delta Airlines, $DAL.
Berkshire Hathaway has also exited its entire position in Amazon, $AMZN, UnitedHealth, $UNH, and Dominos Pizza, $DPZ.
NEW: Judge apologizes in court to WHCA Dinner shooting suspect Cole Allen.
Magistrate Judge Zia Faruqui said that he was “fascinated and disturbed” by Allen's treatment in jail.
Allen was placed on suicide watch when he was first imprisoned. Prosecutors argued that since Allen told investigators he did not expect to survive the alleged attack, he could be a danger to himself.
But an incredulous Faruqui wasn't convinced by that argument, drawing comparisons between Allen and defendants arrested for rioting at the Capitol on Jan. 6, 2021.
“To me, it’s extremely disturbing that he was put in five-point restraints, a person with no criminal history. It’s troubling. I never heard of one Jan. 6 defendant who was put in five-point restraints or in a safe cell. If the only way to keep him safe is the most punitive thing, that’s a problem.”
“At a minimum, I should be apologizing to him. We are obligated to make sure he’s taken care of. Mr. Allen, I’m sorry that things have not been the way they are supposed to.”
Graham Platner said women who are sexually assaulted should "take responsibility"
He called rural Americans "racist" & "stupid"
He praised Hamas
He said "all cops are bastards"
This is who Democrats want in the Senate.
The top 20% of Americans now own the majority of US real estate:
The top 1% of US earners hold a record $6.1 trillion in real estate, followed by the next 19% who hold $21.0 trillion, an all-time high.
This means the top 20% own a combined $27.1 trillion, or 56.4% of total US real estate wealth.
By comparison, in the mid-1990s, this percentage stood at 47.6%.
Meanwhile, the bottom 20% hold just $2.5 trillion, or 5.1%.
At the same time, the 60th-80th percentile of US earners own 18.7% of real estate wealth.
The US wealth divide is at record highs.
UPDATE: March campaign finance numbers are in and the full Q1 picture is ugly.
Sharon Durkan (@RonDurk@councilordurkan) raised $864 this quarter while BURNING through a whopping $17,700. She didn't even raise A THOUSAND DOLLARS in three months.
For every dollar donors put in, she torched $20. If you're donating to Councilor Durkan, you are essentially setting your money on fire and funding what looks like her personal lifestyle.
Here's where the money went in March — 31 Uber rides. $790 in bar tabs and restaurant bills. Four trips to Flour Bakery. A $3,000 photo shoot. A $1,000 GoFundMe donation. A private library membership. A $1,568 birthday bash at Tip Tap Room.
$864 IN. $17,700 OUT. And this is the councilor who just blocked a $100 million audit of Boston's books before it could be read aloud.
She doesn't want anyone looking at the city's finances. One look at hers and you can see why.
I never used to bitch about paying taxes. Some people are dealt a bad hand. I was glad to fund schools, roads, public services.
Now? I wake up every day enraged over having to pay taxes.
It's all going to ethnic / mafia fraud from daycares to home healthcares.
China’s demand for gold remains robust:
China officially bought 1 tonne of gold in February, marking the 16th consecutive monthly purchase.
Over this period, China has acquired 50 tonnes of gold.
By comparison, in 2022-2024, the buying streak lasted for 18 straight months.
As a result, China’s total gold reserves are up to a record 2,309 tonnes, or 10% of foreign exchange reserves.
The percentage has DOUBLED over the last 20 months.
At the current gold price of ~$5,000/oz, China now owns ~$371 billion of gold.
China is holding more gold than ever.