Talking Houston sports, spiritual / transformational journeys and narrative analysis. Chief Product Officer at Second Foundation Partners and @EpsilonTheory
Can confirm. My youngest had just turned 4, and my wife and i were on one of those moving walkways at SFO. Both kids were ahead of us carrying their own bags. I looked at my wife and said “WE DID IT!!” it was like coming out of a dark tunnel that you had been in so long you had forgotten what light was like
I’m here to report that the hype is real
Parenthood is a peak life experience once the kids are all 4+
The first few years are tough and real work. But it does pay off handsomely later. For almost all parents I know
Milton Friedman's greatest regret.
The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.
Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.
Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.
This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.
Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.
“The question is not whether AI will shape the world; it will. The question is whether YOU will help…”
Tonedeaf disaster
Obvious move would’ve been to focus on the graduates as the protagonists, instead of framing them as accessories to AI’s world takeover
“The question is not whether you will shape the world; you will. The question is how…” simple switch
Then you can go on to talk about adapting to change, trying new things, using the power of technology newly available to them. And make it about empowering new graduates
Instead it ended up preachy, condescending, and vaguely menacing all at once
It’s really very gratifying to see my normie intuitions begin to be validated by an actual neuroscientist. This time Dr. Julia Mossbridge on Rogan last week:
"What was his explanation is that the front left orbital frontal area is— we know that it inhibits the right frontal area, and we know that the right orbital frontal inhibits the left. And his explanation is this stuff is going on in the right hemisphere, or at least is dominated by that. And when you suppress it, you're not as psychic. And when you release the suppression, you are more psychic. And it's just right under the surface. It's right there. And so when I work with non-speaking autistic kids, it feels to me like that's a pretty good explanation of what's going on. They're not activating this part as much. Not that I've proven this. This is a hypothesis. And I'm not the only one with the hypothesis."
Nature Magazine is now a Big Pharma mouthpiece. They quote the corrupt Timothy Wilens knocking down @SecKennedy, who states the obvi: psych meds are overprescribed to kids.
I ran the Senate investigation, covered by Nature, that caught Wilens taking tons of Big Pharma cash.
Nature is now trying to pretend that Wilens isn't who he is--a Harvard professor so in love with Big Pharma that his scandal forced Harvard to redo their entire conflict of interest policies, across the campus and all hospitals.
Shameful reporting today by Nature, but this has become the norm and liberal outlets ally themselves with Big Pharma.
From the Gulf Coast Sugar team text thread after our game yesterday. This is what sandlot baseball is all about. Thank you Lank:
Great day to be a Sugar!
Good times fellas. Really enjoyed playing the game of baseball today with all you guys. The win today was dedicated to Coach Key’s legacy that he left on the Galveston baseball family. We lost a family member that touched the lives of so many people in such a positive way.
Coach Key you are lost but never forgotten. RIP
Steven Adams sharing the technique he uses for helping with self-doubt…
“I write down how I feel… the raw emotions. I stop, re-read it and respond in a different colour. The one with the raw emotion I imagine as a 10 year-old Steven. My response is an adult Steven… it’s like I’m giving advice to a younger Steven”
IT WAS CALLED THE SCHOLASTIC BOOK FAIR AND THEY BROUGHT THE BOOKS TO THE SCHOOL AND SET IT UP LIKE A BOOKSTORE AND YOU COULD GET GOOSEBUMPS AND FEAR STREET BOOKS BUT ALSO MICHAEL JORDAN POSTERS AND NICKELODEON BOOKMARKS AND PENCILS THAT SMELLED LIKE CUPCAKES
$1.8 trillion in private credit. Three structural illusions holding it up.
Grant Williams walks through the history, the present moment of stress, and what happens when the music stops. Our Storyboards are already tracking it, so - check it out👇
@ttmygh@EpsilonTheory