everstormz1

@mdnghtmss Yes.

Sometimes I feel like putting my entire next years income of 50,000$ into $VOO and just let it ride for the next 30 years. I’m 31 right now, would this be a good idea?

@dubs9000 @jacobin @zohranmamdani @Mileistesfr Yes you’re right, and there are countless measures. Countries with declining GDP per capita directionally over time do worse than ones that are increasing.

@everstormz1 @jacobin @zohranmamdani @Mileistesfr GDP is not the only marker you should be looking at

Mayor Zohran Mamdani mocks Ronald Reagan’s infamous quote. “I can think of nine words more terrifying than ‘I’m from the government and I’m here to help…’” “I worked all day and can’t feed my family.”

@business Cool…let’s try not only make the rich leave but take their companies with them.

California Governor Gavin Newsom is proposing a new tax on cloud-based software sales to raise billions of dollars in state and local revenue in coming years bloomberg.com/news/articles/…

@Majick666 @UltraDane Yeah this one is tough. High stress situation. Intervention in behalf of another..ish..situation. Definitely more wrong than right that’s for sure.

@UltraDane I’m pro 2A, pro self defense, pro conceal/constitutional carry, but this isn’t a justified shooting. Dude may have pulled his gun first, but he was walking out the door and not escalating the engagement. Just a bunch of tough talk going down while he was walking out.

Holy crap, no hesitation, just affirmative actions.

@greendragonhq He essentially borrowed the majority of the funds from the state to rescue the city. More of a shell game than actual success.

You may not like it, but this is the best politician in the world right now. Within 6 months of being sworn in he has: • Balanced a massive budget deficit. • Produced the lowest murder rate in NYC history. • Introduced a pilot program for free childcare. • Has collected $100 million in fines from landlords for abhorrent living conditions. - Lost ZERO billionaires!

@micah_erfan He essentially borrowed the majority of the funds from the state to rescue the city. More of a shell game than actual success.

He did this without cutting any social services, btw.

@BernieSanders He essentially borrowed the majority of the funds from the state to rescue the city. More of a shell game than actual success.

Congratulations to Mayor Mamdani. He inherited a huge budget deficit, brought it down to zero, and still invested in childcare, housing and city infrastructure. When municipal governments stand with working families, not billionaires, there is nothing they cannot accomplish.

Though the people hassling the poor guy was a jerk, I would say no he should not have pulled a gun. That became evidence when you realize he had friends. This guy could’ve been shot by his buddy there could’ve been all sorts of consequences. so was the one guy annoying, yes, but the guy should’ve just walked away or abandoned his cart. Otherwise if the black guy would’ve escalated, the white guy with the gun would had terrible options left. And if ultimately, he killed an unarmed person, she may ultimately go to prison. I obviously wasn’t there but as a gun owner I believe ultimately the person that is armed has the most responsibility regardless of what you can and cannot do legally

🇺🇸 Do you think the guy pulled the gun righteously? As they say, the worst people are those who just want to be left alone and are pushed.

@pmarca I went to a new hosital to see a specialist. It was beautiful. And it had 3 people checking someone in on three difference floors all while having monitors and lots of automation. A lot of overhead.

Fraud. The answer is fraud.

@BernieSanders Americans have incredibly high standard of living…

In the richest country on earth, young people shouldn't have to wait until age 40 to buy a home - 12 years after first-time buyers in 1991. Young people shouldn't have to fear a lower standard of living than their parents. We need an economy that works for all, not just the 1%.

Big claims and big words (destabilizations, displacements, and exploits ) and no evidence to support this. The vast majority of homes and investments are owned by individual people and small time landlords. The same people you were saying are victims are the same people that have one Airbnb that they’re renting to supplement their income. You want to help affordability look what Texas is doing. They essentially destroyed the rental market there.

Someone can certainly *make* a billion dollars. That’s not the same thing as earning. Growing fast and disrupting markets also often means chasing and wielding market power, political influence, and scale. Take Airbnb. They heavily lobby politicians against passing housing laws to protect working class residents because it’s bad for their business model. Airbnb could not exist at its current scale and size without the housing market destabilizations, displacements, and exploits that are supercharging the evictions of working people everywhere from Puerto Rico to Jackson Hole. Now young people are planning for a future where they will never be able to afford to own a home while others have 20 and live off renting it out to them at extortionate rates with zero protections. Yes, a tiny amount of people can make billions of dollars doing that. And millions of everyday Americans are bearing the cost.

@GavinNewsom Just give me the money back through a tax credit. What if I don’t need diapers what if I need money for daycare. Stop picking for people what they should buy to generate a headline!

HUGE NEWS: California just became the FIRST state in America to provide FREE DIAPERS to all new parents. Launching this summer. Since I became Governor, we have made preschool FREE, school meals FREE, and expanded paid family leave. Stop talking about lowering costs for families — DO IT!

@jakecobb @EndWokeness Jake props to you for this message. Always constructive when disagreement is rooted in good faith.

@EndWokeness I stand corrected. My apologies, I was mistaken. You are right, I was wrong.

Say her name: Isabella Stroupe (19) She was found r*ped and kiIIed last week in Charlotte, NC by Thomaz Hamilton (26) Multiple prior arrests…

@SenSanders Jeff has not been the ceo of Amazon since 2021…

The reality of American life today: Jeff Bezos, worth $290 billion, spent: $10 million on the Met Gala $120 million on a penthouse $500 million on a yacht Meanwhile, he‘s planning to throw 600,000 Amazon workers out on the streets and replace them with robots. Unacceptable.

@Mappy6984 The white car was completely blocking the dog from view. That dog literally ran into a car like a homing missile. No way was it this guys fault. Owners fault.

Leash??????

@benkellyone There is way too much survivorship bias in the grift. Yes some nock it out, but the odds are stacked against you and there are a way more defaults that don’t get talked about. There are few Bens posting about how they got crushed.

As a millionaire, I don't invest in the S&P 500 because… The richest people in America do the opposite. When I worked at JP Morgan… I saw exactly how the top 1% manage their money. Here’s what they do (& how you can too):

Section 7 of the Clayton Act bans mergers that may (key word) substantially lessen competition or create a monopoly. That’s the law the judge said the JetBlue-Spirit deal violated. He ruled that removing Spirit — the aggressive low-cost airline — would let fares rise on hundreds of routes. So even though the merger wouldn’t create a monopoly, the court found it would still hurt competition enough to break the law. The analysis the court relied on is always subjective because there are two sides. There were material problems with the state’s arguments. This has happened many times before.

@ontheKingstage A court ruling... is a "subjective ruling." Law "is up to the opinion of the judge." Holy shit.

Since the paid MAGA influencer losers are executing their marching orders on this Spirit story, let’s inject some reality. The Biden administration didn’t stop any Spirit mergers. The issue went to trial and a judge ruled that a Jet Blue/Spirit merger violated US antitrust laws, and would likely increase prices on consumers. The courts ruled, correctly, that the merger violated the law and would hurt Americans. So, fellow Americans: what MAGA is really saying is they don’t give a shit about the law, and they don’t give a shit if you had to pay more to fly. politico.com/news/2024/01/1…

The court’s main flaw was over-relying on the Spirit Effect — the idea that Spirit’s rock-bottom fares uniquely forced everyone else to cut prices by around 21%. They treated Spirit as an irreplaceable maverick that would stay strong forever. On market share, they flagged 183 routes where the merger would spike concentration, but the judge himself admitted the government’s economist messed up: he didn’t group nearby airports right, used outdated data, and never checked if other low-cost carriers would jump in. They dismissed the idea that Frontier or other ULCCs would quickly add flights to fill the gap, saying it would take years and they couldn’t match Spirit’s aggressive pricing. That assumption turned out wrong

The Biden administration’s DOJ, under Attorney General Merrick Garland, sued to block the JetBlue-Spirit merger in 2023, arguing it would eliminate a major low-cost carrier and raise fares.  Senator Elizabeth Warren publicly pushed for the block, calling it a “Biden win for flyers” after the deal died.  The Department of Transportation, led by Pete Buttigieg, backed the lawsuit and said they’d deny the airlines’ route transfers. That didn’t have to happen. The AG could’ve just told their department to stand down.