If the private capital markets set a goal to incinerate as much money as possible in as short a time as possible, would it look different than today's late-stage VC market?
Imagine if a woman president crashed the economy and started a war with no end in sight, and her biggest, seemingly ONLY concern was building a ballroom and redecorating the White House.
We're at the point in the "ceasefire" where the Iran regime has launched attacks against US bases/assets in UAE, Kuwait, Bahrain and Saudi Arabia, whilst making extra demands, and the US is doing nothing but begging for a deal.
It's absolutely debasing and humiliating.
I’m not here to spread conspiracy theories. But I am here to ask journalists who made age & fitness the most covered issue of 2024 why they don’t seem to care
During his campaign for first term, Donald Trump was asked how he showed $916 million net operating losses in 1995 and setting it off for next 18 years without paying any federal taxes.
Not knowing what to answer, Trump said:
"I absolutely used it, and so did Warren Buffett. Warren Buffett took a massive deduction."
We've to learn from Buffett as to how to deal with facts and data without being emotional or vindictive.
The very next day Buffett shared his income tax returns and said:
"I have paid federal income tax every year since 1944, when I was 13. Though, being a slow starter, I owed only $7 in tax that year. I have copies of all 72 of my returns and none uses a carryforward."
He further noted that while he made $2.85 billion in charitable contributions in 2015, tax laws properly limited his deductions, meaning more than $2.85 billion of his donations were not taken as deductions and never would be.
He asked Trump to share his tax returns in public. Not knowing what to do, Trump said he is under IRS audit and cannot publicly share his returns.
For which Buffett responsded:
"I have been audited by the IRS multiple times and am currently being audited. I have no problem in releasing my tax information while under audit. Neither would Mr. Trump -at least he would have no legal problem."
Buffett then invited Trump to any place, any time before the election so they could both bring their tax returns, sit down, and let the public ask them questions.
Trump never accepted the invitation.
From then on Trump never once even uttered the name Warren Buffett.
Looks like Trump no longer even eat buffets.
We are so far into "mad king" territory that the White House may not even bother to clarify whether Trump just confused Oman with Iran or is indeed threatening to bomb Oman
SNYDER: Our entire diplomatic process has been reduced to only two negotiators: president’s son-in-law and president’s friend. They are not diplomats.
You would probably say, “That looks incredibly corrupt,” and you would also say, “That looks like it could never work.”
And it can never work. It won’t work with Ukraine, it won’t work with Iran. In fact, it has already failed with both Ukraine and Iran.
But the deeper problem is that United States cannot help anyone negotiate an end to a war unless United States has clear sense of its own interests.
And Trump administration does not operate on the basis of American interests. It operates on the basis of what is convenient for few people around Trump.
Have you noticed that the same people who would have a total meltdown over a non-Mexican wearing a sombrero because of "cultural appropriation" are the exact same ones who've been wearing a keffiyeh everywhere for the last 3 years?
It still blows my mind how @bennyjohnson and Tim Pool @Timcast were both CAUGHT taking money from Vladimir Putin and now they're part of the goddamn American White House press pool.
You are seeing in real time why Trump companies went bankrupt so many times. Set aside your politics. This guy is incapable of making a deal or meaningful decision and it follows the same cycle. Big flashy announcement (Epic Fury). Adversity hits (Hormuz closed). Defraud stakeholders (promise two week solution). Freeze up (endless two week cycle loop). Compound the problem (resource depletion). Final chance to save face rejected (what you’re seeing now). Bankruptcy strikes and blame others during chaos. Rinse repeat.
Bill Clinton has a random run-in with Loretta Lynch at an airport in 2016 - MASSIVE, WEEKS LONG SCANDAL
JD Vance attends a private dinner with Chief Justice Roberts while the Court considers multiple Trump Admin lawsuits - "social call" ... "friendly pop-by"
In Auschwitz, my mother taught me three rules.
Not stories. Not prayers. Rules. The kind that kept you alive.
Rule one: Never make eye contact with a guard.
Rule two: Never show that you are sick.
Rule three: Never, ever, lose your bowl.
I was five years old. I memorized them the way other children memorize nursery rhymes.
The bowl was a small tin thing. Dented. Scratched. It held whatever thin soup they gave us once a day. If you lost your bowl, you had no bowl. If you had no bowl, you had no ration. If you had no ration, you understand.
I guarded that bowl with everything I had. I slept with it. I held it against my chest during roll call. I knew where it was every second of every day.
Then one morning, I fell into the latrine.
There is no delicate way to say this. The latrines in Auschwitz were wooden boards with holes cut into them over a pit. The holes were large. I was very small. I was in a hurry. I slipped.
I went in up to my neck.
The smell. The cold. The rats. I do not need to describe it. Your mind already knows.
My mother tried to pull me out. She could not. I was slippery and she had no strength. None of us had strength. We had not eaten properly in months. She called out. Other women came. Together they pulled me free. Someone found a hose. They sprayed me down in the cold air while I stood there shaking.
I did not cry. Rule number one in Auschwitz was the same rule everywhere, do not attract attention.
But I got sick. Very sick. The kind of sick that comes from rats and filth and cold water and a body that has nothing left to fight with.
And I remembered Rule Two, never show that you are sick.
I hid it from everyone. From the guards. From the other children. Even from my mother, because I knew if she knew, she would do something. And doing something in Auschwitz got you killed.
But someone saw. I do not know who. I do not know why they helped me instead of reporting me. I never knew.
They took me to a room, a makeshift hospital. I lay in a bed, a real bed, not a wooden bunk, for the first time since we had arrived.
I do not remember much of what happened next. The fever blurred everything. Days passed like smoke.
When I came out, I still had my bowl.
I had held it even in the latrine. Even in the fever. Even in the dark when I did not know where I was or what day it was.
My mother looked at me when I came back. She looked at the bowl. She did not say anything. She just nodded, the way she nodded when something had gone the way it needed to go.
People ask me what survival looks like.
I tell them, sometimes it looks like a five year old girl climbing out of a latrine in a death camp, covered in filth, shaking with cold, still holding her tin bowl.
Because she knew that the bowl was the difference between eating and not eating. Between living and not.
Because her mother had told her. And she had listened.
I am Tova Friedman. I fell into a latrine in Auschwitz at five years old.
I came out still holding my bowl.
Tova.
#NeverForget #Survival #DaughterOfAuschwitz #ShesStillHere #TheirNamesLiveOn