MUDGE
15K posts

MUDGE
@JMMuu
Husband. Father. Investor. CRE Broker. Surfer. Trail Runner. Plunger. Avid Reader. Playlist Curator. MuFam Productions Exec Producer. Grateful for every day.

BREAKING: David @friedberg says "California is functionally bankrupt" "People don't realize how screwed California is, & I worry that if California falls, so does the union. "$250 billion to $1 trillion short." "This is because for California to get rescued would be a big cost to red states, & I think it creates in the years ahead a lot of tension." "California's functional bankruptcy is a major risk to the country. & I think we need to figure out what we can change to fix it." How we got here: "California has a public pension system, & that public pension system retirees have paid into it & they get some benefits out, & the amount that they're owed back out is somewhere between $250 billion - $1 trillion dollars more than has been paid in. $250 billion to $1 trillion short. If it was the federal government, it would be like, okay, we'll just print more money. California doesn't have the ability to print money, so California has to pay this out, and you can't restructure retirement benefits. There is a Supreme Court case in California that said that once an employee has been offered retirement benefits, even if they're currently an employee, you can never restructure their retirement benefits. It has to stay forever, and the state cannot declare bankruptcy. There's no way for the state to functionally declare bankruptcy. There's no law to allow it. No state has ever declared bankruptcy, and the retirement benefits sit senior to the bonds in California. So you have to pay out the retirement benefits before you pay out all the bond holders that have loaned California the money that they use to run all their programs and services." Hill & Valley Forum 2026 (@HillValleyForum)


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Correct. We’re sorry your daughter hates you, Elon.











Nashville business owners: Get READY Myself, @thehvacjack, @AaronHarperCEO, and @tattoobizguy are hosting one hell of a meetup for everyone. We’ve got empanadas on LOCK We’ve got drinks ON LOCK We’ve got a beautiful venue on LOCK We want to gather 20-30 business owners for a fun night of conversations and community. Comment/DM and I’ll send info!










🇺🇸Announcing our Nashville SMB/ETA meetup: October 2... 5pm-8pm... I expect ~50 people to be there. Cohosting this with the Owner/CEO of one of the fastest growing franchise brands in the country. @AaronHarperCEO (who's also sponsoring and paying for everyone's drinks!!) And cohosting it with my friend and the Owner/CEO of a successful HVAC rollup in central TN. @thehvacjack RSVP and event info link below


Meet the new iPad Pro: the thinnest product we’ve ever created, the most advanced display we’ve ever produced, with the incredible power of the M4 chip. Just imagine all the things it’ll be used to create.














