Stephen Wolfe

Renaissance dad

[Stephen Wolfe @LStephenWolfe]

@AmericaFirsst 2,

[Stephen Wolfe @LStephenWolfe]

How we got into the Iran mess is a long story. Presidents in both parties were responsible. https://t.co/yvdVCLQqwv

[Stephen Wolfe @LStephenWolfe]

This is the true history of Spirit. Having Trump squander more money on Spirit will not turn back the clock on the Biden admin’s bad policy.

[gary leff @garyleff]

The story of 'not being allowed to merge' as the cause of Spirit's failure isn't quite right, although a different Biden administration antitrust action is a better fit.

1. JetBlue needed Spirit in order to grow in Boston, New York and Fort Lauderdale at the same time. They had a partnership with American Airlines that gave them slots to finally expand in New York, but they didn't have the planes and pilots to take advantage of that without ceding ground elsewhere.

2. The Biden administration sued to break up the American Airlines-JetBlue partnership that had previously been approved under the first Trump administration. That was legal (DOT entered into a settlement with the airlines, but that wasn't binding on DOJ) but a rule of law problem. And it was a bad antitrust theory that treated jointly deciding who would fly where as per se illegal, rather than looking at consumer benefit or total competition in the market (the JetBlue-American partnership created a 3rd viable competitor to United and Delta in New York).

3. When the Biden administration killed the American-JetBLue deal, JetBlue-Spirit no longer made sense. JetBlue management was committed though and stuck with it. Losing that deal in court helped JetBlue.

4. JetBlue hasn't made money in six years. They are shrinking to stem losses. If they'd completed the Spirit deal they would've been financially worse off, with a lot more to shrink. The deal would've gotten Spirit shareholders paid, but wouldn't have meant those planes and pilots would still be flying for JetBlue.

The Biden administration went after JetBlue-American and *that* is what killed the chance for Spirit, as much as killing JetBlue's deal to buy them. And the JetBlue-American antitrust action was worse because it wasn't just an example of government trying to mold the market the way they wanted to see it and failing (they wanted Spirit's 200 planes all flying in an ultra-low cost model, even Spirit's optimistic plan now has 60% of those planes gone). And it wasn't just an example of bad antitrust law that shifted away from the consumer. It was a shot against the rule of law, where government signoff in one administration can no longer be relied upon in the next.

That was the airline antitrust case that brought us here, not the simple story everyone tells.

[Chamath Palihapitiya @chamath]

On page twenty-six of “The Billionaire Tax” proposal in California, it explains how the state legislature can convert from a Billionaire Tax to an Everyone Tax without voter approval.

They can also adjust the tax to be a yearly tax, not just one time…again, without your approval.

Intelligence test for you: if this was meant to just target Billionaires, why did they write this in?

[Stephen Wolfe @LStephenWolfe]

@justinamash If only I could vote him out...He's a Democrat in a safe seat.

[Saifedean Ammous @saifedean]

Property Rights: The Root Cause of the Palestinian/Israeli Conflict

The Palestinian-Israeli conflict is the inevitable result of the destruction of a centuries-old system of private property rights and its replacement by race-based state ownership. Since 1947, property rights in Palestine have been replaced by a government agency that owns the majority of land, constantly steals more, never sells, and only leases land to one racial group. Religious and racial conflict are not destined in Palestine; they are historically rare occurrences, but this system of property rights would create violent conflict anywhere.

In 1945, the British mandate government surveyed land ownership in Palestine and found that Jews owned 5.67% of the total land, while Muslims, Christians & other denominations owned 48.31% of the land. The remaining 46.02% was public land, mainly in the sparsely inhabited desert in the south, most of which was de facto owned by the Bedouins who herded there. Among the privately-owned lands, only 10.5% was owned by Jews, while 89.5% was owned by non-Jews. There was not a single district in Palestine in which Jews owned a majority of the land, as this illustration makes clear.[1]

In 1917, when the Balfour Declaration was issued, the Jewish population ranged from 4% to 13%. In 1945, the population of Palestine was 1,764,520, of which 69% were Muslim and Christian, and 31% were Jewish.[2] The majority of the Jewish population was recent immigrants from Europe, many illegal. Even after decades of legal and illegal immigration, land purchases financed by European benefactors, and terrorism against Palestinian civilians and British forces, the Zionist movement had less than a third of the population of Palestine, and owned less than 6% of its land when it established its ethnostate. To establish an ethnostate on a land in which the right ethnicity was less than a third of the population, and owned less than a twelfth of the land, Zionist terrorists engaged in a premeditated and systematic campaign of terrorism, murder, and violent expulsion, meticulously planned from the 1930s, ruthlessly executed against a largely unarmed population, and practically continuing until this day, explaining the conflict’s longevity. This has been extensively documented by Palestinian historians, such as Walid Khalidi and Rashid Khalidi, as well as by Israeli historians like Ilan Pappe and Benny Morris.[3]

[Continues in next tweet]

[FIRE @TheFIREorg]

When voices are shut out, we lose something important.

As America nears 250 years, this lesson remains.

Free societies are not built on silencing speech, but on engaging with it.

[Chris Rossini @ChrisRossini]

The two parties are a complete scam.

The Republicans are not the party of 'limited government,' and 'lower taxes.'

Both parties represent Israel First and endless imperial wars.

And yet, every day, average Americana waste their breath bickering and fighting for Team Red or Team Blue.

It's the same team that is eating everyone's lunch.

[Sama Hoole @SamaHoole]

Environmentalist logic, documented:

Cow farts: climate catastrophe
Private jet to climate conference: necessary travel

Cow eating grass: unsustainable
Almonds draining aquifers: plant-based progress

Cow using rainfall: water consumption
Soy monoculture requiring pesticides, herbicides, and fertiliser: environmentally conscious

Cow on permanent pasture: destroying the earth
Quinoa shipped 6,000 miles from the Bolivian altiplano: ethical choice

Cow producing manure that grows the grass that feeds the cow: waste
Plastic oat milk carton that cannot be recycled: sustainable packaging

The framework is internally consistent.

The cow is always wrong.
Everything else gets a pass.

For the record:
UK cattle numbers are down 26% since 1974. Obesity is up. Diabetes is up. Topsoil loss is accelerating. Bee populations are declining.

The cow left. The problems got worse.

[Justin Amash @justinamash]

Follow the Constitution.
Read the bills.
Stop governing by emergency.
End the forever war.
Cut taxes & spending.
Stop borrowing trillions.
No CBDC.
Protect free speech.
Repeal the Patriot Act & FISA 702.
No qualified immunity for government officials.
End civil asset forfeiture.

[Rand Paul @RandPaul]

For years, intelligence agencies have abused FISA to search Americans’ communications without a warrant.

My Fourth Amendment Restoration and Protection Act ends these backdoor searches once and for all.

If the government wants your data, they should get a warrant.

[Stephen Wolfe @LStephenWolfe]

@ImBreckWorsham The MAGA types have a point. Many of your ideas are shared by "classical liberals" who now call themselves "libertarians" because FDR gave liberalism a bad odor. Don't fight it, embrace it!

[Stephen Wolfe @LStephenWolfe]

Next time you think a government ought to "do something for the poor" read this article:
https://t.co/5qDGi7kj9C

[LibertarianPartyUK @LibertariansUK]

Argentina's Javier Milei has cut his country's poverty rate IN HALF.
Overall poverty rate dropped from 30% to 17%. The extreme poverty rate plummeted from 11% to 5%.
Liberty, small government, & free market capitalism really works. Someone should tell @Keir_Starmer.
Vote Libertarian where you can.

[Handre @Handre]

Every Keynesian stimulus package in history has failed to deliver sustained economic growth, instead creating asset bubbles, debt crises, and malinvestment. From FDR's New Deal that extended the Great Depression through the 1930s to Japan's lost decades of endless stimulus spending, the track record is crystal clear.

The 2008 financial crisis response perfectly illustrates this failure. Trillions in stimulus and quantitative easing didn't restore productive employment or real wages—they inflated stock markets and real estate while leaving Main Street behind. The "recovery" was entirely artificial, built on cheap money rather than genuine productivity gains.

Even more damaging is how Keynesian policies systematically transfer wealth from savers and productive workers to financial elites and government cronies. When you print money to fund spending, you're not creating prosperity—you're redistributing purchasing power from those who earned it to those with first access to newly created money.

The Austrian economists predicted these failures decades ago because they understood that real prosperity comes from savings, investment, and market-driven resource allocation, not government spending financed by money printing. Until we abandon the Keynesian delusion, we'll keep repeating the same boom-bust cycles that impoverish the middle class.

[Justin Amash @justinamash]

A president will always have tremendous leverage as long as Congress remains highly centralized.

When a president needs to control only a few people at the top to shut down the entire deliberative process, that president can routinely circumvent the primary check on his power.

This is why nobody should be lauding people like Nancy Pelosi or Mitch McConnell, who used their positions to stifle genuine representation. They laid the groundwork for Trump and other presidents who abuse authority.

[Stephen Wolfe @LStephenWolfe]

@RightPulseNewss @DA_Stockman 👍

[Stephen Wolfe @LStephenWolfe]

Microsoft finally cheated me out of $19.90 worth of Skype credit. I can no longer call an overseas land line or cell phone with Skype because I can’t get to a dial pad. I am eager to rid myself of all Microsoft products.

[Libertarian Party @LPNational]

The right kind of federal government would be one so limited and irrelevant to our daily lives that we’d rarely have to think about it.

– Justin Amash