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John Veltheer
15.2K posts

John Veltheer
@Fuel55
Focused on the future via startups. Innovation by day - art and wine by night. Think bigger than the box.
West Vancouver, BC, Canada Katılım Eylül 2009
1.8K Takip Edilen1.3K Takipçiler

Couple comes in for their annual review.
$2.8 million. Well invested. Solid Pension. Completely on track.
I ask the question I ask everyone.
"How is your daughter doing?"
Mom's face changed first.
Their daughter is 39. Hasn't asked for anything. Never complained.
But she's been in the same apartment for six years.
Daycare alone is $1,800 a month. Down payment feels impossible.
Dad said "we always figured she'd get it eventually."
I pulled up a simple chart.
Statistically they live to 88. She inherits at 56. Maybe 60.
At 60 her own retirement is eight years away.
The money that could change everything at 39 arrives when her finish line is already close.
Neither of them had ever seen it framed that way.
The annual gift exclusion is $19,000 per parent per child.
They can move $38,000 a year to her. No gift tax. No estate implications.
Over ten years that's $380,000 transferred while they're healthy enough to watch it matter.
Dad looked at his wife.
"Why are we waiting?"
Most families leave everything at death because nobody showed them the math of giving it while they're alive.
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It's quite impressive the amount of money spent with no measurable net positive effect.....
Citizenj17 ✝️🇺🇸@citizenj17
San Francisco spends $141,852 per Homeless Person on Average which is almost be same as the median household income for 2025. Let that sink in.
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@ronmortgageguy Construct was all wrong. There are far better ideas in the RE tokenization space.
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Pure Liars Bite The Dust: These BS Artists Approached Me Years Ago To Promote Their Garbage I Told Them They Were Running A Con
They didn't care that at all times their base case was ridiculous
So many D-Bags flocked to Real Estate when it was so hot
2/
theglobeandmail.com/real-estate/ar…
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Good news and bad news
Bad news is he hasn’t sent me a “great cans” message since I posted this which is devastating
Good news is I’m now getting flooded by “great cans” messages by the rest of you
Paige Spiranac@PaigeSpiranac
There is this guy who comments “great cans” on everything I post. In a world full of hate and despair I know he will always be there for me to lift my spirits
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@RealJessica @jaycreynolds Lololololol. The delusion is staggering.
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New York Gov Kathy Hochul is begging wealthy people who have moved to Florida and Texas to come back to New York and pay taxes. 🤣
"I need people who are high net worth to support the generous social programs that we want to have in our state. Now, there are some patriotic millionaires who stepped up. OK, cut me the checks if you want to be supportive, but maybe the first step should be go down to Palm Beach and see who you can bring back home."
"I have to look at the fact that we are in competition with other states who have less of a tax burden on their corporations and their individuals. And I would say remote work changed everything."
"There were people who could only work in an office in Manhattan and work in New York state. And they were captives to our state, they were going to stay. We saw that that's not the case. Wall Street businesses looking at Texas, they're not going there because they have a nicer governor. They're going there because of the tax rate."
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Vancouver Has Created an Entire Tax-Funded Economy Around Homelessness
Vancouver officials confirmed this week that the city now spends between $100,000 and $220,000 per homeless person annually—making homelessness one of the city’s fastest-growing public sectors.
What began as a crisis has since evolved into a fully integrated economic ecosystem, complete with multiple layers of administration, overlapping services, and a level of coordination typically reserved for major infrastructure projects—minus the visible results.
“We’re making historic investments,” said one official, standing near an encampment that has also been making a long-term investment in the same location. “The situation is complex.”
The exact cost depends on how it’s calculated. Divide total spending by the entire homeless population and the number appears manageable. Divide it by those actually living on the street, and it begins to resemble a mid-level executive salary.
City insiders say the flexibility is intentional.
“It allows us to communicate progress while maintaining urgency,” one source explained.
Residents say they’ve noticed a different trend.
“I’ve seen more programs, more funding, more announcements,” said one taxpayer. “Just not fewer tents.”
Officials emphasized that the issue is not a lack of resources, but the need for more coordination, more investment, and more time—confirming plans for a new multi-agency task force to study why current spending levels have yet to produce measurable change.
The task force is expected to cost $50 million.
“Solving homelessness isn’t cheap,” officials added.
“Managing it, apparently, isn’t either.”

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@burrytracker Genius. Now he spends all day ball licking Donny for a pardon.
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Sam Bankman-Fried had the best venture portfolio in history
What SBF bought vs. what it's worth today:
• Anthropic: $500M → $30.4B (+5,980%)
• Robinhood: ~$546M → $5B (+816%)
• Solana: 60M SOL at ~$8 → $5.3B at $89 (+1,012%)
If he did nothing illegal, he'd be worth $40 billion today
Instead he's now he's inmate #37244-510

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The costs of striking Iran are real. But so is the nuclear threat.
Iran entered 2026 with enough uranium for 10 nuclear bombs. Before the June strikes, it was days away from enriching enough for 1 bomb—a level far beyond plausible civilian needs.
Operation Epic Fury is working.
We are systematically dismantling Iran’s war machine: missiles, drones, air defenses, navy, nuclear sites, defense industry, proxy networks, central command. In under 3 weeks, the supreme leader is dead, his successor wounded, and Iranian ballistic missile and drone launches are down 90%+. Iran is losing capacity faster than it can create chaos.
"War is never clean. But the strategy—the actual strategy, measured in degraded capabilities rather than cable news cycles—is working."
Excellent article.
aljazeera.com/opinions/2026/…

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@Frank_Giustra @DNIGabbard It’s an honorless profession. Just get all the money you can.
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@DNIGabbard You turned out to be such a disappointment. We had such high expectations. Is the job more important than your honour?
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Donald Trump was overwhelmingly elected by the American people to be our President and Commander in Chief. As our Commander in Chief, he is responsible for determining what is and is not an imminent threat, and whether or not to take action he deems necessary to protect the safety and security of our troops, the American people and our country.
The Office of the Director of National Intelligence is responsible for helping coordinate and integrate all intelligence to provide the President and Commander in Chief with the best information available to inform his decisions.
After carefully reviewing all the information before him, President Trump concluded that the terrorist Islamist regime in Iran posed an imminent threat and he took action based on that conclusion.
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@atrupar Witness the alchemy of turning logic into gaslighting.
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@jwalkermobile add slurping to the list of fawking annoying as hell
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@ronmortgageguy You can’t even consider him a dull knife. More of a wooden spoon.
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