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🚨 THIS IS INSANE. Commerce Secretary Howard Lutnick's sons could be making 3 to 5x returns on every dollar they spent buying tariff refund rights. Cantor Fitzgerald, now run by Lutnick's sons Brandon and Kyle, was buying tariff refund claims from companies at 20 to 30 cents on the dollar. The firm told clients it had "capacity to trade up to several hundred million" in these claims. They confirmed at least one $10 million trade was already executed as of July 2025. They said they expected that number to "balloon in the coming weeks." That was 9 months ago. Today those claims are worth 100 cents on the dollar. The refund portal is live, $166 billion in refunds are being processed. If Cantor bought $100 million in refund rights at 25 cents on the dollar, they spent $25 million. They now collect $100 million from the government. That is a $75 million profit. A 300% return. If they scaled to "several hundred million" as they told clients they could, the profits run into the hundreds of millions. Howard Lutnick was the architect of the tariff policy. He pushed Trump to impose them. He fought against officials who wanted to limit them. Then he left Cantor Fitzgerald to his sons and transferred his equity into a trust benefiting them. Tax free under government ethics rules. He received $360 million from the buyout. His sons positioned the firm to profit from the exact policy their father built. Their father publicly championed tariffs he knew could be struck down while his sons were buying refund claims betting they would be.

They don’t pay rent They don’t pay executive salaries They don’t pay taxes You don’t pay taxes on purchases You have guaranteed access Prices are at cost so when price on the farm goes down the instore price falls at the same rate, unlike in privately owned stores

Bessent just a few days ago: “"We will not be renewing the general license on Russian oil and Iranian oil. That was oil that was on the water prior to March 11th. All that has been used.”

Hezbollah fiber-optic FPVs continue to strike Israeli vehicles parked in the open and lacking any additional stand-off armor. Two “Namer” heavy APCs and one HMMWV were hit. Hezbollah has clearly learned from the war in Ukraine, but Israel apparently has not.

63% of Americans were not taught basic civics in sixth grade.

More than half of men ages 18-49 (52%) now say they have an active sports betting account with an online sportsbook like DraftKings, Caesars, FanDuel, or BetMGM.

VANCE: What they have done is engage in this act of economic terrorism against the entire world. As the President showed, two can play at that game.

The AI industry has largely failed to foresee the extremely foreseeable: most normal people think AI is scary because we had decades of science fiction about how scary AI is. We owe the public clear explanations of why we think this can be good and how to make it so.

seems really bad