Eyebawl2
14 posts


San Francisco judge Linda Colfax has released a man who fatally assaulted an 84-year-old because the prison sentence would have a "poor impact" on him.
25-year-old Antoine Watson was granted probation just two months after he was convicted of involuntary manslaughter and assault.
Watson violently assaulted Vicha Ratanapakdee in 2021, which resulted in his death just two days later.
He was acquitted of first-and second-degree murder charges and instead convicted of involuntary manslaughter.
Colfax says Watson being in prison would have a "poor impact" on him and didn't think he should be there because he "expressed remorse," according to the SF Chronicle.
Colfax is accused of hiding details from the jury in an apparent effort to help Watson escape prison time.
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Do you tip based on the total before or after tax? 🤔 x.com/LarryDJonesJr/…
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Hey peeps... I got a tough question from a long-time subscriber. And, quite frankly, I'm stumped.
I really don't know what he should do.
What do you think? Please tell me in the comments.
The subscriber wants to know if he should radically restructure his lifestyle and start trying to get out of debt, or, instead, keep buying gold and other investments while adding to his debt load because, in theory, inflation is going to wipe the value of these debts and / or his investments will, eventually increase enough to allow him to repay them.
What do you think he should do?
Here's his situation:
He's earns $51k a year.
He's spending $10,600 a year in interest on $370,000 in student loans / credit card debt.
First problem: his interest rate is going to go up a lot because he's played the switch-the-card-game-each-month-for-the-teaser-rate for as long as he possibly can. Plus, since Biden is gone, he's now getting dunned for interest on his student loans too. So, his interest exspenses are likely to increase to something like $15k-$20 per year.
And, that's not his only debt issue. He's also got a bespoke (private lender) "pik" mortgage with $1 million in principal outstanding, currently. This mortgage allows him to avoid making any interest or principal payments until 2030, with the accrued interest simply being added to the loan. But, starting in 2030, he'll have to begin making $50k payments each year (!). And these payment amounts escalate by $25k every year until the loan is paid in full. (Given his heavy debt load, it's not realistic to believe that he'll be able to refi this mortgage. Plus, he bought at the peak of housing prices 18 months ago, so he can't just sell the house.)
The other big problem is that, while he's only earning $51k (after taxes) this year, he's already spent $71,495, so he's continuing to add substantial amounts to his debt load each year.
He thinks if he keeps buying Bitcoin he'll be fine.
What do you think?
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