E Dub

Since the HOA post went viral I've had a lot of people ask me what I actually think about HOAs So I did what I do I ran the numbers There are 373,000 HOAs in the United States 77 million Americans live in one That's 1 in 4 people Collectively they pay $106 billion a year in assessments $106 billion That's more than the GDP of over 100 countries For an organization run by your neighbor who hasn't mowed his lawn The average HOA fee is $243 a month That's $2,916 a year For a household earning the median income of $80,000 that's 3.6% of gross income Going to an organization with no earnings report, no audited financials, and no fiduciary duty in most states If this were a company it would never survive diligence Here's why The board of directors is unpaid They're volunteers 97.6 million hours of volunteer labor annually Valued at $2.9 billion So the people making the rules, setting the budgets, and enforcing fines on your trash can are doing it for free In private equity we would never invest in a company where the entire leadership team works for nothing Because when people aren't paid they aren't accountable And when they aren't accountable they fine you $50 for 11 minutes of trash can visibility while their Christmas lights have been up for 97 days 70% of HOAs are underfunded on reserves by 70% or more That means the money you pay every month isn't being saved for future repairs It's being spent On what 60-70% of HOAs hire third-party management companies These companies collect your dues, manage your vendors, and enforce your rules For a fee Off the top Before a single dollar goes to the landscaper or the reserve fund So your $243 a month goes to a management company that hires a vendor that hires a landscaper that mows the common area you could mow yourself That's not a value chain That's a fee chain And landscaping alone can eat up to 50% of the operating budget For grass 71% of HOAs plan to raise fees this year 71% of those plan to raise them up to 10% So the cost goes up every year The reserves stay underfunded The board stays unpaid The bylaws stay unread And you get a letter in an envelope with a stamp in 2026 because your trash can was visible for 11 minutes If someone brought me this deal I'd pass in the first meeting No audited financials No professional management required by law in most states No fiduciary standard Unpaid leadership 70% underfunded reserves Rising costs with no margin improvement And a customer base that can't leave without selling their house That last part is the only reason it works You can't cancel your HOA membership You can cancel a gym membership You can cancel a home warranty You can cancel a streaming service But you cannot cancel the organization that fines you for your trash can The only exit is selling your home In PE we call that a captive customer base It's the only business model where the product gets worse, the price goes up, and the customer can't leave And the board enforcing the rules hasn't read them I have All 47 pages Make common sense common again Plz fix. Thx. Sent from my iPhone

@alan__s66 @EndWokeness Then*

Justice KBJ: "If I steal a wallet in Japan, I am subject to Japanese laws….. in a sense, it's allegiance." Her case for birthright citizenship:

For 80 years, the political landscape of the developed world has been defined by WW2. Modern postwar liberalism became a sort of dark inverted religion, a religion not built around a god, but a devil. I call this religion "inverse fascism". Inverse fascism has no plans, no vision, and no systematic understanding of the world. It just asks itself "What would Hitler do?", then does the opposite, and congratulates itself for being righteous. Not only that, inverse fascism doesn't even understand who the fascists were, and what exactly they believed. It only sees the Axis powers as Saturday morning cartoon villains, comically evil antagonists in a half-hour show for kids. That's no way to run a world. You can't let infinity third world immigrants into developed countries just because Hitler wouldn't. You can't hug and forgive violent criminals over and over again as they hurt innocent people, just because Hitler wouldn't. You can't allow addicts and derelicts to camp on the streets of your cities, shooting up heroin, just because Hitler wouldn't. You can't pressure all your female population into in the workforce and career-building in their early 20s, discouraging them from having babies, just because Hitler wouldn't. You can't dismantle your unique culture, and destroy the racial composition of your society, just because Hitler wouldn't. To do everything you do just because Hitler wouldn't is to allow Hitler, or your notion of Hitler, to define you. Today, I saw a Japanese person making a joke about the atomic bombing of Hiroshima and Nagasaki. A few days ago, I heard the President of the United States make a joke about the attack on Pearl Harbor. Perhaps in the days to come, we can hope to hear a Chinese man make a joke about Unit 731. To hear a German make a joke about the firebombing of Dresden. To hear an Israeli make a joke about the holocaust. Perhaps the world is starting to heal. Perhaps we are no longer allowing our worst moments to define us. Perhaps we don't need to scold ourselves about the wars of our ancestors. Or to blind ourselves to our virtues out of fear of repeating their sins. Perhaps we can create a new political ideology, based not on asking what Hitler would not do, but on asking what helps us colonize the stars.

@bennyjohnson If it’s a government agency, government officials get no special treatment. They experience their agencies as-is. They need to be on the “affordable” care act too.

Speaker Mike Johnson on airlines banning members of Congress from skipping ahead of TSA lines: “I agree 100%, the airlines are right!”

A mural honoring Ukrainian refugee Iryna Zarutska is being removed in Providence after Mayor Brett Smiley called it divisive, sparking backlash. “Misguided… divisive… does not represent Providence.”

Propaganda words work so well

@chrismartenson I swear I’d have 5 more kids if I wasn’t terrified of our medical system. So there’s that.

Kuwait Desalination Attacked, Hegseth Unveils 'Greater North America' Map, Private Credit Pressures Mount Today's Digest covers attacks on Kuwait desalination, Trump's Iran uranium extraction plans, Hormuz coalition, Holy Sepulchre dispute, UN suspension, global fuel price surges, "Greater North America" strategy, private credit pressures, falling US permits, and hospital birth risks. #IranWar #economy peakprosperity.pulse.ly/yzo9i1ru48

@girlmeetsNG We’ve gotten pretty far on “why the f**k not?”

アメリカで航空ショーを見に行ったら、なぜかジェットエンジンを取り付けたスクールバスが登場して意味が分からなかったけど、とにかくアメリカ人ってバカだけど天才だなと思った😂（最高時速590Km、ブレーキでは停止できないのでパラシュートを使用）

«Teachers who make physics boring are criminals» — Walter Lewin

Senator Johnson just disclosed documents showing the CDC identified and then hid an increased risk of stroke from the C-19 vaccines, and he is demanding additional records to see the depth of this immoral and corrupt conduct. @SenRonJohnson   ronjohnson.senate.gov/services/files…

@pkinco @SenRonJohnson @HHSGov You still think that. Bless your heart.

@SenRonJohnson @HHSGov Wow, you are really whacked out. The chance of getting myocarditis from the vaccine is miniscule compared to those who get it from covid. Like a 100X difference. How do you keep getting elected ? You're a conspiracist. That is embarrassing for your state.

I just released nearly 2,000 pages of @HHSgov records showing the Biden administration’s failure to immediately warn the public about a serious safety concern linked to the Pfizer COVID-19 booster that they discovered as early as Nov. 2022. Below is a clip from a Jan. 2023 HHS “communications plan” with edits from Biden officials downplaying the significance of the ischemic stroke safety signal.

@TheBabylonBee I always yell “hay” and point when I see bales of hay. It has a similar effect.

Wife Gasps Causing You To Almost Get In A Fatal Accident Because Video On Her Phone Showed Adorable Baby Goat Tumble Off Log buff.ly/hAcfpz2

@LarryKrasnerDA How about we just say ANYONE who breaks the law should find out. Via our justice system. Which needs to be fixed so we stop releasing criminals. Or do you have a problem with that message?

My message to ICE agents deployed at PHL Airport: Don’t break the law, or you’re going to find out.

@BourbonGoggles @justindeanlee @fresheggistan I’m not sure but I’m pretty happy about it.

@justindeanlee @fresheggistan How did this get in my timeline? 🤣

The first time I abandoned a girlfriend in the mountains was an accident. We had an argument about something trivial, and she decided to go off on her own for a bit to cool down. I insisted she stick to the trail, but she said she didn’t need me mansplaining how to find her way in the woods. So I dropped it. How does one manage to get lost on a mountainside, anyway? You just walk downhill until you hit a switchback or reach the valley. Common sense stuff. Well, she managed it. When she didn’t turn up by nightfall, I contacted the ranger station and they set out to find her. By 1am, I got tired of waiting and drove home. They called the next morning to say they’d found her in a makeshift den she’d dug beneath a deadfall. She was naked, gone completely feral, her face painted with menstrual blood. A ranger tried to wrap a blanket around her shoulders, and she bit a golf ball-sized gobbet of flesh from his shoulder. So they sedated her and took her straight to the nearest hospital. That was three years ago and she still hasn’t recovered human language. Needless to say, I acquired a taste for it. I’m up to a baker’s dozen now, not counting the one that found her way back to the car before I could drive off. But you never forget your first. Sarah will always have a special place in my heart.

@stkirsch This feels slightly unfair. I selected neither because almost no one in my extended family or friend network got it. We’re all pretty wary of stuff like this. If they got covid no one ever advertised it. My aunt permanently lost smell. I just assume covid.

Know anyone who "died suddenly" after:

@J76PHD @CollinRugg If not all responsibility

@CollinRugg Distracted controller or not, normal people look both directions before crossing a road. The firetruck driver bears some responsibility.

NEW: New video footage captures the moment an Air Canada jet and a fire truck collided at New York’s LaGuardia Airport. Here is what we know: - The plane’s two pilots sadly died. - 41 passengers and crew members were taken to the hospital. - Audio from the air traffic tower suggests the controllers may have been distracted by an earlier incident at the airport, according to the New York Times. - Two officers in the fire truck were injured. - This is the first fatal accident at LaGuardia Airport since 1992. - Passenger Jack Cabot says: “The plane landed pretty hard, you heard a loud bang and suddenly everything was out of control. The plane was veering back and forth. No one was driving at that point.”

@CollinRugg Ok. Aircraft can’t just slam on the brakes quite like vehicles. This might be one time where emergency vehicles should be giving right of way to an airplane. If it was an active runway, ES stops. Just like for a TRAIN.

@siimland Unless you’re from the Midwest lol. Those are something else.

You better not skip leg day... Low calf circumference (<35 cm) independently predicts higher mortality risk in older adults, whereas high calf circumference (>38.5 cm) is associated with reduced mortality. Calf circumference is mainly used as a practical proxy for skeletal muscle mass. Graph: PMID: 40702088 Studies: PMID: 34648208; PMID: 36156674

@nutrisclerosis @DisaffectedPod Ofc

@DisaffectedPod I also hate when they say ‘of course.’

@DisaffectedPod My daughter started saying it, so I just said it to her constantly for about a week and it fixed that problem!!!