piz281

[piz281 @piz281]

1. End gun show loophole
2. Background checks
3. Locks for all firearms
4. Gun safey class with firearms purchase
5. Create hierarchy of weapons and require licenses to acquire them
6. Ban AR-15 - its item 1 in mass murder instruction manual

The N.R.A. Can Be Beat

[piz281 @piz281]

John harbaugh was hired in 2008. He won 293 games. You would have to go back to 1983 for the @nyjets to equal that total. Thats 43 seasons.

..so glad we kept Glenn!

[piz281 @piz281]

@GothamChess Its been a super awesome run to follow levy. Sending my support from nyc. Keep your head up

[piz281 @piz281]

@saxena_puru The problem i think is search looks for answers, while this alternative provides answer, singular. Thats a problem, not a benefit.

[Chamath Palihapitiya @chamath]

This x 💯.

Every time I tell folks we’ve solved nuclear fusion they get upset. Not because it’s not true but because it’s true in a way they don’t like.

Solar PV capturing energy from a fusion reactor in the sky (aka sun) is infinitely safer and more reliable than the fusion reactor some folks want to build on earth and put under your kid’s bed or down the street in your neighborhood. Imagine the NIMBYism when it’s time to roll these out.

Meanwhile solar PV is getting more and more efficient. Marginal cost of generation is $0.03/kWh which is really close to zero and will get closer every year with innovations in material science and an increasingly robust supply chain (ie not just China).

At this point, the most economically rational thing to do for many people is to switch to solar PV + storage.

Meanwhile fusion reactors on the earth, when/if they eventually work, will have spent tens/hundreds of billions of dollars on materials science and regulatory lobbying just to get to the start line. Energy will be zero and plentiful by then anyways, which will make regulators pause about taking risks - hence a slow and protracted go to market. Said differently, earth bound nuclear fusion reactors are much more likely to proliferate when other forms of energy are expensive vs when they are cheap. “Take more risk to be the same or worse” is a terrible pitch.

There is a reasonable amount of logic that says this capital, then, is misallocated.

Separately, there is a good chance when we get to a zero marginal cost of energy, it is with solar PV. This will then allow some smart person to take that limitless energy and use it to power experiments to invent the next leap in materials science that creates something even more clean and abundant than fusion energy without any of the safety and regulatory issues so we can do it on earth and in our spaceships as we become interplanetary.

[piz281 @piz281]

@chesscom @GMHikaru Interesting

[piz281 @piz281]

@theallinpod anything this week?

[piz281 @piz281]

@Jason Why twitter?

[piz281 @piz281]

@Jason @stephenasmith @BingBongGuy Wait is that true? When did stephen A quit on the knicks

[Bill Ackman @BillAckman]

This was not a bailout. During the GFC, the gov’t injected taxpayer money in the form of preferred stock into banks. Bondholders were protected and shareholders were diluted to varying degrees. Taxpayer money was put at great risk. Many people who screwed up suffered minimal to no consequences. Those were bailouts.

Here, shareholders and bond holders have been wiped out. The @FDICgov insurance fund capitalized by premiums paid by banks will absorb any losses. The fund will recoup any losses by assessing more premiums on the banks.

Had the @FDICgov @USTreasury and @federalreserve not intervened today, we would have had a 1930s bank run continuing first thing Monday causing enormous economic damage and hardship to millions.

More banks will likely fail despite the intervention, but we now have a clear roadmap for how the gov’t will manage them.

Bank boards and managements have received a massive wake up call. Being a director or CEO of a bank that fails is no fun: years of litigation, regulatory investigations, personal liability, potential civil and criminal charges, and enormous reputational damage.

Our gov’t did the right thing. This was not a bailout in any form. The people who screwed up will bear the consequences. The investors who didn’t adequately oversee their banks will be zeroed out and the bondholders will suffer a similar fate.

Importantly, our gov’t has sent a message that depositors can trust the banking system. Without this confidence, we are left with three or possibly four too-big-to-fail banks where the taxpayer is explicitly on the hook, and our national system of community and regional banks is toast.

Our government did the right thing for the country. We are very fortunate it did so.

[piz281 @piz281]

@theallinpod Will the next all in summit (that will definitely definitely happen) also include a charity poker tournament? A nice call back to the alleged origin, depending on who is telling the story. And for Sacks—no, a PAC ‘donation’ doesn’t count as charity. Just jokes, but would be cool.

[Magnus Carlsen @MagnusCarlsen]

Gonna need more hands soon

[piz281 @piz281]

@Jason This isnt as fair of a comparison to other businesses because they should not be in the business of selling news. The news is not a product. They should be in the business of reporting news. Success for cnn might not mean success for the rest of us.

[piz281 @piz281]

1. End gun show loophole
2. Background checks
3. Locks for all firearms
4. Gun safey class with firearms purchase
5. Create hierarchy of weapons and require licenses to acquire them
6. Ban AR-15 - its item 1 in mass murder instruction manual

The N.R.A. Can Be Beat

[piz281 @piz281]

@Caleb11Lombardo @Jason He doesnt work for twitter

[Will Parkinson @Willpa11]

Bob is so damn good at his job man

[piz281 @piz281]

@GMHikaru congratulations Hikaru. well earned

[piz281 @piz281]

@KnicksCentral yes. get rid of him by any means necessary. hes a negative asset

[piz281 @piz281]

@Djbienaime idk who you are but this shit was funny and on point. jet fans gotta follow

[piz281 @piz281]

@swagweegee @steezyasmith @PFF_College part of the reason he was a ppr beast was because the qb was inaccurate

[piz281 @piz281]

This is a horrifying rationalization of war. It's them who will die, not us!, he says. No matter that in war people die. America is not the only country on this planet. Isolationism is not a moral justification for turning a blind eye to war. It is not a border dispute. It's war.

[Tucker Carlson @TuckerCarlson]

Why do Democrats want you to hate Putin? Has Putin shipped every middle class job in your town to Russia? Did he manufacture a worldwide pandemic that wrecked your business? Is he teaching your kids to embrace racial discrimination? Is he making fentanyl? Does he eat dogs?