chris
2.1K posts

chris
@Ryaltre
Newport Beach, huge Miami Dolphins fan, married to the most amazing wife!
Katılım Mart 2022
284 Takip Edilen61 Takipçiler

As you go to work today and settle into the week, please study the form below. You will soon need to fill this out EVERY year and tell the government what you own and then allow them to tell you how much its worth.
That is the framework that is enabled by the Trojan Horse "Billionaire Tax" that is trying to get passed.
Give them credit: they cleverly use Billionaires as the hook, but build in the language and the framework that will allow the Legislature to simply extend the tax to everyone and make it yearly.
And this is where the form below comes in...
In this case, ask yourself, will it be you or the Billionaires that will be able to fill this out properly and avoid penalties.
As much as Billionaires can be pushed to do more for society, we all know that they have the infrastructure to manage these kinds of disclosures...middle class Californians do not and they will be the ones that get penalized in the end.

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@geibuu @626photo @chamath Nobody is changing topic little boy or whatever you identify as. Only a complete fool would want to give a proven corrupt waist full government more money to be waisted and not go where it’s intended. Why would anyone want to give these politicians more money? 0.00001% is bs!!
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@chamath No Chamath, you and around 200 of your asshole buddies will have to fill it out - or more likely your accounting team. You don't do shit.
Fuck your fearmongering. Can't wait to see this pass.
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The housing market is running out of buyers:
There were an estimated 46.3% more home sellers than buyers in February 2026, the biggest difference since Redfin data began in 2013.
This gap has widened sharply from 29.8% a year ago, marking the strongest market for buyers in over a decade.
By comparison, there were a record 36.0% more buyers than sellers in November 2022.
This comes as the number of active homebuyers fell -2.4% MoM, to ~1.36 million, the lowest since at least 2013.
At the same time, the number of sellers declined -0.4% MoM to ~1.99 million, posting a smaller decrease than homebuyers.
Further home price cuts are likely coming.

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🇨🇳🇯🇵 Japan just sailed a warship through the Taiwan Strait without asking China for permission.
China’s Foreign Ministry is furious, calling it a “deliberate provocation” that seriously damages bilateral ties.
Japan's PM has already warned that any Chinese military action against Taiwan, especially involving warships and force, could become a “survival-threatening situation” for Japan.
Turns out Japan has a navy and isn't afraid to use it anymore.
Source: @War_Radar2
Mario Nawfal@MarioNawfal
🇨🇳🇹🇼 While the U.S. scrambles to get out of Iran, China just made another quiet move on Taiwan Xi met with Taiwan's opposition leader, the first visit by a Kuomintang chairperson to China in nearly a decade He followed it up with economic sweeteners: trade deals, investment access, resumed travel China isn’t threatening Taiwan. China is seducing Taiwan. Source: Bloomberg
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KB Home—a giant homebuilder ranked No. 526 on the Fortune 1000—to move its headquarters from L.A. to Arizona
Back in 2012, @kbhome did almost 4 times as much homebuilding in Los Angeles County as in Maricopa County
Now, it does nearly 8 times more business in Maricopa County

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In 19 days, a jury in Oakland is going to decide whether the entire legal foundation of the AI industry is built on fraud.
Everyone thinks the Musk vs Altman lawsuit is a billionaire grudge match.
Two egos, one grudge, a $150 billion damages number designed for headlines.
Easy to dismiss. Easy to scroll past.
That's exactly what Altman wants you to think.
Because what's actually on trial on April 27 is something much BIGGER than Elon's hurt feelings...
A jury is going to decide whether you can legally take billions of dollars in nonprofit donations, use them to build the most valuable technology in human history, and then quietly convert that nonprofit into a for-profit company worth $850 billion.
If the answer is no, the entire AI industry has a problem.
Because OpenAI is not the only company that did this:
Anthropic was founded by OpenAI defectors using the same nonprofit-first mission language.
xAI pitches itself as building AI "for humanity."
Every frontier lab has used the moral cover of "we're doing this for the good of the world" to attract talent, capital, and regulatory goodwill they would have never gotten otherwise.
An Elon win doesn't just touch OpenAI. It creates a legal precedent that every AI company built on a nonprofit or public benefit promise becomes vulnerable to shareholder and donor clawback suits.
That's why this case matters. And that's why Altman is panicking.
Just look at what he did this week:
Elon filed a motion demanding the court remove Altman and Brockman from their roles and FORCE OpenAI to return to its nonprofit origins.
Then he amended the suit to say if he wins the $150 billion, all of it goes to OpenAI's charity arm. Not him. Zero dollars to Elon personally.
That amendment was surgical. It stripped Altman of his entire public defense.
He can no longer claim this is about Elon's ego or Elon's bank account. Elon is now legally on record saying he just wants the mission back.
OpenAI's response was to panic-write a letter to the California and Delaware attorneys general asking them to investigate Elon for "anti-competitive behavior." Their strategy chief publicly accused Elon of coordinating attacks with Mark Zuckerberg.
They called the lawsuit "harassment driven by ego and jealousy."
That's NOT the response of a company that thinks it's going to win.
Real companies with real defenses don't ask the government to silence the person suing them 3 weeks before trial. They let the evidence speak.
OpenAI is scrambling because they know what's in discovery.
Elon's team has been building this case for two years. Emails, board minutes, internal conversations about the conversion.
The kind of paper trail that juries understand and executives can't explain away.
And the timing couldn't be worse...
OpenAI is trying to IPO at $852 billion. They just raised $122 billion. Microsoft has $135 billion of exposure to them.
A jury verdict that even partially sides with Elon in late April or May would crater the entire IPO runway and send shockwaves through every major AI investor on Earth.
This is why Altman spent the last 2 weeks doing press tours and policy blueprints and "super intelligence agendas" aimed at Washington. He's trying to REFRAME himself as the responsible statesman of AI right before a jury decides if he's a con artist.
Most people will watch this trial start and think it's celebrity drama.
The smart money is watching it and realizing that the legal foundation of the AI boom is about to be tested in court for the first time EVER.
And if that foundation cracks, everything built on top of it is at risk.
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Who’s the point man on the negotiations, who cut out our ally, who has fought by our side — unlike most NATO countries?
The Wall Street Journal@WSJ
Israel, which wasn’t formally part of the Iran negotiations, wasn’t happy that it got word that a deal was finalized at a late stage and wasn’t consulted, according to mediators and a person familiar with the matter. on.wsj.com/47SjiQO
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BREAKING: Iran is organizing nationwide human chains of youth, athletes, and artists at every power plant in the country at 2 PM Tehran time tomorrow, per Iran's Ministry of Sports and Youth.
The campaign is named "Human Chain of Iranian Youth for a Bright Future." Its slogan: "attacking public infrastructure is a war crime."
International signage will be displayed for global media coverage. At least 2,000 NGO members are confirmed. The chains form 13 hours before Trump's 8 PM ET strike deadline.
Iran is gathering civilians at the exact infrastructure the US has threatened, and televising it to the world.
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🚨 IT'S OFFICIAL: Iran is publicly LYING, in private they are crying and begging for a deal with President Trump
The consequences will be SEVERE if they continue 🔥
"They better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty!"
"The Iranian negotiators are very different and “strange.” They are “begging” us to make a deal, which they should be doing since they have been militarily obliterated, with zero chance of a comeback, and yet they publicly state that they are only “looking at our proposal.” WRONG!!!"
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The day the Affordable Care Act passed was one of my proudest moments as president, because it meant that millions of Americans would have access to health care, some for the first time.
The ACA also prevented insurance companies from denying people with pre-existing conditions coverage, allowed young people under the age of 26 to remain on their parents’ plan, expanded Medicaid, and so much more.
But the ACA was always meant to be a first step. We still have to do more to expand access and make health care more affordable for everyone.
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Not in Business or First class. People pay to have comfort in Business and First class so they can work, not listen to crying babies.
I don’t want to listen to crying babies when I’m traveling for work and paying more for comfort while I work.
Isabel Brown@theisabelb
Babies belong in public & on airplanes
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