Jim Clark - @macelangelo.bsky.social

49K posts

Jim Clark - @macelangelo.bsky.social

Jim Clark - @macelangelo.bsky.social

@jwclark

Mobile Developer + Writer + Artist + Occasional WoW-Addict - and also on mastodon @[email protected]

Dallas, TX and thereabouts Katılım Nisan 2008
784 Takip Edilen624 Takipçiler
Jim Clark - @macelangelo.bsky.social
Republicans are already shitting themselves over the idea of Talarico kicking Paxton's ass in November, and it's hilarious.
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Jim Clark - @macelangelo.bsky.social retweetledi
Scott MacFarlane
Scott MacFarlane@MacFarlaneNews·
ALERT: 35 Former federal judges file motion in Florida asking court to *re-open* Trump's $10 billion lawsuit vs. his I.R.S. Filing: "This court was deceived" "The 'settlement' commandeers the contrived sum of $1.776 billion from the U.S. Treasury" storage.courtlistener.com/recap/gov.usco…
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Jim Clark - @macelangelo.bsky.social retweetledi
Reflection🪩
Reflection🪩@0xReflection·
ANTHROPIC IPO VALUATION: $950B SAMSUNG VALUATION: $850B ANTHROPIC REVENUE: $20B SAMSUNG REVENUE: $230B You keep claiming AI is not a bubble, right?
Reflection🪩@0xReflection

🚨 DOT-COM 2.0 IS ALREADY HERE A $2 trillion AI economy built on the same dollars being passed in a circle I'm not being dramatic. The accounting trick is right there in the filings The scariest part? It's all 100% legal Here's how it works: A tech giant gives an AI startup billions in "investment." The contract forces that startup to spend the exact same money renting servers from… the tech giant. The tech giant then books that server usage as brand new "cloud revenue." Translation: they're paying themselves with their own money and calling it a sale. Look at Microsoft and OpenAI. Microsoft "invested" $13 billion in OpenAI. Most of it never left Microsoft - it was cloud credits that could only be spent on Microsoft servers. OpenAI used those credits to train its models. Microsoft turned around and recorded that exact spend as new cloud revenue That's why OpenAI's annual cloud bill is now $60 BILLION For a company doing only $25 BILLION in actual revenue It's not a customer. It's a recycled funding loop Anthropic runs the exact same script: $2.66 billion paid to AWS in 9 months - basically 100% of everything Anthropic earned. And it gets worse Every time these AI startups raise at a higher valuation, the tech giants mark up their equity and book the paper gain as PROFIT. Q1 2026: ➮ Alphabet reported $62.6B in profit. $28.7B of it (nearly half) was just a paper markup on Anthropic. ➮ Amazon reported $30.3B in profit. $16.8B of it was the same Anthropic paper gain. While Amazon was reporting record profits, its actual free cash flow collapsed 95% to just $1.2 billion Because they had to spend $44.2 BILLION in REAL money building data centers Real cash going out. Paper "profits" coming in Now here's where it gets dangerous: ➮ Microsoft has 49% of its $627 billion future backlog tied to OpenAI alone ➮ Oracle has 54% of its $553 billion pipeline depending on OpenAI alone Trillions of dollars of "demand" resting on one or two unprofitable startups If this all sounds familiar, it should This is 2001 all over again Back then, Global Crossing and Qwest swapped identical fiber-optic capacity with each other just to book fake sales Qwest had to erase $1.4 billion in fake income Global Crossing went bankrupt The only difference between then and now? The dot-com swaps were illegal Today's AI loop is fully legal under current accounting rules That's not a comfort. That's a warning Legal doesn't mean safe. It just means nobody can stop it before it blows up And here's the part most people don't realize: Every 401k, every index fund, every retirement account in America is being forced to buy more of these tech stocks every month. The loop inflates the stock prices The funds chase the prices The chase inflates them further Until the day the music stops and there's no real cash underneath. Don't worry though - my system flags the exact moment the market shifts from caution to DANGER. You'll be warned before it hits, like always. All you need to NOT miss my next call is to keep NOTIFS ON

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Jim Clark - @macelangelo.bsky.social
The craziest thing today is seeing reports of various Republican outlets - who spent the last few months trashing Ken Paxton - are now scrubbing all of that content since he's now the candidate for Texas Senate. As per usual, Republicans forget that the internet is forever.
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Jim Clark - @macelangelo.bsky.social retweetledi
FactPost
FactPost@factpostnews·
GOP Senate nominee Ken Paxton has increased his net worth by 7,000% since he was first elected to public office.
FactPost tweet mediaFactPost tweet media
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Jim Clark - @macelangelo.bsky.social retweetledi
FactPost
FactPost@factpostnews·
An official Republican Party press release attacking Ken Paxton for adultery, bribery, and corruption has resurfaced. Paxton is now the GOP's nominee to represent Texas in the U.S. Senate.
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Jim Clark - @macelangelo.bsky.social retweetledi
Liam Nissan™
Liam Nissan™@theliamnissan·
If Ken Paxton beats James Talarico in the general election it means: 1) MAGAs don't care about child sex abuse 2) MAGAs don't care about securities fraud 3) MAGAs don't care about bribery 4) MAGAs don't care about infidelity It would mean MAGAs are completely full of shit.
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Jamie Bonkiewicz
Jamie Bonkiewicz@JamieBonkiewicz·
It’s wild how Texas Republicans think maybe being vegan is worse than being a child rapist.
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Jim Clark - @macelangelo.bsky.social
It's basically going to come down to how many Texas Republicans would rather hold their nose and vote for someone as corrupt as Paxton (and they support Trump) vs stay home and not vote at all - even if that means letting Talarico win.
scary lawyerguy@scarylawyerguy

Can someone who knows TX politics better than me explain whether Talarico has a legit shot? Seems like Paxton's corruption and immorality is well known among voters, and at least among Rs, not really an issue, so how does Talarico break the 32 year shut out streak?

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Jim Clark - @macelangelo.bsky.social retweetledi
The Lincoln Project
The Lincoln Project@ProjectLincoln·
The Republican Party quietly deleted their own ad attacking Ken Paxton's record on crime... because Paxton is now the Republican Party's nominee to represent Texas in the U.S. Senate. Figured if the ad is important enough to delete, it's important enough to see...
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Jim Clark - @macelangelo.bsky.social retweetledi
Alex Cole
Alex Cole@acnewsitics·
Fun Fact: The Strait was never closed under President Obama and President Biden.
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Jim Clark - @macelangelo.bsky.social
What’s truly sad is that all of these Republicans that Trump has “ousted” for petty revenge (Cassidy, Massie, Cornyn, etc) have a perfect chance to go “scorched earth” and obstruct Trump until the end of their terms. Instead, most will continue to kiss Trump’s orange ass.
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