@adamtaggart This was becoming evident by late last year... the sales pitch wasn't matching the experience.
Thought the GOP would just pivot to social issues, but they went full speed ahead with a new war and data centers...
They had one shot at this and blew it.
@jimiuorio No vested interest wants affordable housing except the people who would like to live in affordable housing.
Not the banks.
Not the existing owners.
Not the agents.
Not the builders.
The answer is simple, but they don’t have the balls to do it.
This isn’t even remotely true. $AMZN went public in 1997 at a $450M valuation, or 3x revenues. $GOOGL went public in 2004 at a $23B valuation and at 7x revenues. $META had a $104B valuation in 2012 at 20x revenues(and immediately sold off almost 50%). SpaceX dwarfs these numbers.
“Investors are exit liquidity for venture capital, and I think that these are dangerous, unstable companies that have faced basically no real scrutiny for most of the years of their investment. You have journalists and analysts who are actively cheering them on..."
Ed Zitron
https://t.co/WBKRLuBgc7
@adamtaggart Everything is gross. I'm trying not to be fatalistic because it condemns my kids and everyone that follows... but man, they make it difficult to think any of them are worthy of us even taking our time to show up at the polls.
PA is rich with relics of our founding... many of us are Sons and Daughters of the Revolution. We need not look further than our local cemeteries to find gratitude in the courage, sacrifices, and efforts of our ancestors...
America at 250 | Visiting some of the signers of the Declaration.
Nestled in the heart of historic Philadelphia, this two-acre Colonial-era cemetery holds the final resting places of over 4,000 souls, including Benjamin Franklin and four other signers of the Declaration of Independence: Francis Hopkinson, Joseph Hewes, George Ross, and Dr. Benjamin Rush.
From Revolutionary leaders and to Yellow Fever victims and everyday Philadelphians, these weathered stones whisper stories of courage. Toss a penny on Ben Franklin’s grave (a tradition honoring “a penny saved is a penny earned”).
The burial grounds first opened in 1719, and today, they’re rather peaceful amid the city bustle, open daily for self-guided or guided tours.
OpenAI attempting to get Federal backstops because the entire system is run by psychopaths who think we are all retards and won't raise a ruckus.
https://t.co/zMdk331be4
An Administration is always going to lie about any situation related to war and it’s (lack of) resolution…
Just like 2020-2022, it’s the useful idiots who outsource their own intelligence and autonomy that imperil us all by giving the floundering actors cover… and power.
The oil spike isn’t the cause. It’s the cover story.
They’ll use “oil crisis” to blame the crash in AI valuations, private credit, consumer debt, student loans, Japan’s carry trade… all of it. But the real crisis is in the money system itself: too much debt, too many promises, not enough real production.
Watch what happens next: First, Kevin Warsh and the Fed hold rates to look “tough on inflation.” Then, as the debt can’t roll over, they cut rates and fire up QE again. Not to save you. To save the government debt market and the banks holding it.
That’s the pattern. Every crisis = more money printing, more centralization, more control over your cash and assets.
So don’t just watch oil prices. Watch who gets bailed out and who gets regulations. Watch which assets get re-priced and who legally owns them when the rules change. If your wealth is trapped in “paper” inside a system you don’t control, an oil spike becomes the excuse to move the goalposts again.
The fix isn’t guessing Fed moves. The fix is moving what you can back to real assets, local networks, and systems you can touch and audit. Because when they print, they don’t just devalue dollars. They devalue your independence.
An alarming reality.
We can't have nice things because someone in government will always want to expend them for purposes that we do not support and in situations for which they are not needed.
TRUMP: "First of all, I didn’t guarantee no war. Why would I have built the strongest military in the world?"
Remember that quote next time anybody tries to argue collossal military spending is only about having a "deterrent" to ensure "peace through strength" or similar cliches