Franny Ryan

@Webmiester @KurtSupeCPA OMG! You are a terrible parent! It is one thing to disinherit adult children, just accept that that is the result of leaving everything to your second wife. Don't kid yourself, they won't see a dime. But to disinherit minor children is borderline criminal.

I feel targetted by this post. Kids are 22 (hers) and 14,19 (mine). Wife gets everything. IRAs, 401ks, Roth, investments. She has no idea, thinks it is 50/25/25 her/mykid/mykid. I have zero doubts that she will give my kids 25/25. None. So has me curious, is this post just assuming a second wife is a horrible troll of a woman only after money?

Name a worse retirement decision than naming your spouse outright beneficiary on a $2M IRA in a second marriage with adult kids from a first marriage. I've been doing this 30 years and I can't think of one. Drop yours in the replies.

@mjpesquire @SeanTrende @senderowiczj At BigLaw we call those folks "cannon fodder."

@SeanTrende @senderowiczj My impression at the time was Skadden was more willing to take good students from lesser schools than other white-shoe firms. My summer associate class had people from Illinois, Tulane and Creighton. Also some asshole from Duke.

There is a huge difference between a T-14 law school, where you have an outstanding chance of earning this type of scratch, and a good state school, where you really have to land in the upper tiers of your class.

@BarExamTutor Axe throwing bars are common in PA.

The thing about a lot of Florida bar exam essays is that they’re kind of absurd, but not so absurd that they seem too unrealistic for Florida. Like the recent Torts essay about Axebar. A bar where people go to (1): drink; and (2): throw axes. “Eh, I could see that.”

@ToddZywicki @whignewtons @RandyEBarnett Or that Hillary the Senator voted for the law that banned Hillary the Movie from criticizing Hillary the Candidate while she was trying to become Hillary the President.

@whignewtons @RandyEBarnett It’s remarkable how many commenters here do not realize that the CU case literally involved a movie about Hillary Clinton that was banned under McCain-Feingold. 🤦‍♂️

And while I’m at it, Citizens United prevents the government from banning movies, books, and pamphlets that criticize (or support) a candidate for federal office. So all yall wanting to “overturn CU” either don’t know what the case was about or scare the hell out it me.

@ZynxBTC Shiller PE Ratio - Multpl share.google/zYO3epdRidTAWC…

@ZynxBTC If you want to have cash at the bottom, ya gotta have cash at the top.

Berkshire Hathaway now holds a record $397 billion in cash. They have effectively become a holding company for US Treasuries which is why they have underperformed the S&P 500 over the last decade. They should embrace digital credit and buy a product like $STRC that gives them 11.5% instead of 4-5%. If they really want to outperform they should consider putting Bitcoin on the balance sheet.

@LynAldenContact @ianbremmer If Congress fails to pass a balanced budget by week 20, it will receive no compensation or income for that year from any source.

@LynAldenContact @ianbremmer For each week that Congress does not pass a balanced federal budget ready to be signed by the President, the sum will be reduced by $5 billion. For example, if Congress first passes a balanced budget on week 10, the amount of compensation to be divided up will be $50 billion.

progress

@Mpls_Ghetto_Guy @DefiantLs liquor

@DefiantLs What accelerant is being used? Most accelerant, leave a shitty taste of food.

I wouldn't say no.

@garry_macinnes @lawyer_memes You're hilarious! Their contracted hours are as many as it takes to do the work assigned to them, whenever necessary, day or night, seven days per week.

@lawyer_memes What are the employees contracted hours? Do they get paid more for working beyond those hours? If they covered their hours by 5pm on the Friday then they are absolutely right to hard stop. They are their own business, not a charity to a law firm.

A junior associate informed me she has a "hard stop" at 5 PM on Fridays. She said she needs the weekend to protect her peace and maintain her energy. I told her I completely respect her commitment to boundary setting. I then removed her from the M&A deal she'd spent two months diligence-ing. She came to my office on Monday confused as to why her access was revoked. I explained that a closed deal requires momentum, not a pause button. She asked how she was supposed to hit her billable requirement now. I suggested she use all that extra weekend energy to find a new practice area. Peace is a wonderful concept for people who don't practice corporate law. The rest of us find our tranquility in a signed signature page.

@Mike198537 @susancrabtree @seanmdav The White House Chief of Staff is de facto in charge of the entire executive branch.

@susancrabtree @seanmdav Im sorry maybe I don't understand the American ss protection policy, but why would a chief of staff have any say in what the ss does? If anyone can explain it I would really appreciate it. Im just struggling to see the connection.

🚨🚨@RCPolitics SECRET SERVICE EXCLUSIVE: In the wake of another assassination attempt on President Trump at the White House Correspondents' Dinner Saturday night, sources tell me that White House Chief of Staff Susie Wiles rejected efforts by former DHS Secretary Kristi Noem to impose more reforms on the Secret Service earlier this year after a string of scandals and failures. The DHS leadership team at the time wanted to install a political, hand-selected chief counsel after Secret Service Director Sean Curran's top attorney resigned after an embarrassing road-rage incident, which RealClearPolitics first reported. Wiles, who directly oversaw the Secret Service and kept Curran in place despite numerous lapses and scandals, resisted efforts to install a hand-selected chief counsel, a former administration official with direct information about it told @RCPolitics. These sources also contend that Wiles undercut another effort to have a DHS deputy chief of staff offer reform recommendations to the Secret Service. In fact, when the DHS deputy chief of staff visited the Secret Service to offer them, Wiles had the individual walked out of the building after Curran complained to her, the sources assert. The security lapses and embarrassing incidents include: missing the stand in a tree at West Palm Beach International airport, allowing Code Pink protesters to harass Trump and several cabinet members at a D.C. restaurant, missing a glock during screening at a Trump golf course in Virginia, two officers getting into a physical fight outside President Obama's residence, an agent celebrating Charlie KIrk's assassination on social media, and numerous others. How many close calls does Trump get before Curran and others at the Secret Service lose their jobs? — a former administration official asked in an interview with @RCPolitics after the assassination attempt at the White House Correspondents Dinner. “The guy is going to get killed, and everyone will keep their jobs,” the former official remarked. White House press secretary Karoline Leavitt flatly denied the assertions that Wiles opposed the DHS leadership team's Secret Service reforms. "Let me be clear: Nobody cares more or has pushed harder, or has asked more hard questions about President Trump's safety than Susie Wiles," she said in a statement to RCP. "The insinuation that Susie would object to anything that would help strengthen protection for her boss and friend is absolutely absurd." Leavitt did not respond to specific questions about whether Wiles was involved in a decision to walk the DHS deputy chief of staff offering reform recommendations out of Secret Service headquarters or rejected the appointment of a political chief counsel. A source familiar with presidential security protocols said Wiles has let Curran remain in his job despite numerous failures on his watch and no firings for Butler. In fact, Curran gave two Butler supervisors big promotions even though they failed to ensure that all the buildings at the Butler rally were covered with security assets One is now an assistant director in charge of professional responsibility and all disciplinary actions against Secret Service employees. “They’re about to fire Kash, and he had nothing to do with this when Susie oversees the Secret Service, and it’s failure after failure after failure, and she gets no blame,” the source said. “This should’ve been the most secure perimeter in the world. And the fact that the guy made it through the mags underscores the epic failure of the US Secret Service in protecting the president.” Other sources tell RCP that Wiles never wanted Curran as USSS director, but Donald Trump Jr. and Eric Trump pulled for him. If anything goes wrong, "It's on the boys," for choosing him, Wiles has remarked to other top administration officials after Trump decided to tap him, according to multiple administration sources.

@DylanByers @JoyceWhiteVance I stopped watching TV news ten years ago. It's a complete waste of time. I make do with the Times, NY Times, WSJ, WaPo and the Inquirer.

One small state-of-the-culture observation on last night…. Shortly after leaving the Hilton, where a gunman attempted to enter the room in which the President, Vice President, several cabinet members, congressmen, dignitaries, business executives, and hundreds of America’s leading journalists were gathered, I went to a bar with a small group of colleagues to touch base, get our bearings, and, ideally, watch the news coverage. When I lived in Washington a decade ago, bars like this one usually had at least one TV tuned to CNN or Fox News. These TVs were on a hockey game, and no one in the bar seemed aware of what had just taken place mere blocks away. We asked a bartender to change the channel to CNN so we could watch the president’s briefing with captions, which they did. But then, a few minutes later, the bartender said he’d been informed by the manager that the bar had a policy against showing political content, and he’d have to go back to sports. I tried to imagine what this bar might have looked like on March 30, 1981, an hour or so after Hinckley fired shots at Reagan at the very same hotel. I imagine every television would have been on CNN or the wall-to-wall special coverage on the broadcast networks, and that passers by would have come in to watch, as well. The media is giving this the ample coverage it deserves. But it’s unnerving how desensitized so many people have become—to shootings, obviously, but also to political violence and the abnormality of the moment. Maybe I’m wrong, maybe we just picked the wrong bar. But I doubt it. Pew Research recently reported that attention to news in the U.S. has declined across all age groups since 2016, and that young adults (ages 18 to 29) have consistently had the lowest levels. Even as the news itself intensifies—in politics, geopolitics, technology, etc—more and more people seem to be tuning it out. And I suppose this is how you find yourself in a bar in the nation’s capital, an hour after crouching behind a chair as secret service members evacuate the President of the United States from the room, being told that you’ll have to watch Penguins vs. Flyers.

@AjitPai @UChicagoLaw @CassSunstein @Substack @UChicago I graduated in 1991. It was a very special place. We truly did not know how good we had it.

Ever since entering its halls in the 1990s, I've always appreciated the unique academic culture @UChicagoLaw. Perhaps the best explanation I've ever seen of it is @CassSunstein's recent, wonderful piece on viewpoint diversity and faculty debates in the 1980s. "[P]olitics seemed incidental, most of the time," and "[p]ositions were usually developed in the process of discussion." casssunstein.substack.com/p/viewpoint-di…

@DavidBCollum Now do gold and silver.

The answer is 1.7%. Over that period dividends averaged about 4-5%, fees around 1%, and taxes difficult to assess (which is why nobody ever takes on the tax issue.)

Social Awareness Poll: The inflation-adjust capital gains on the S&P (not including fees, taxes, or dividends) for the 110-year period from 1880-1990 was...

@asymmetricinfo Brownies from scratch with high quality cocoa and butter are easy once you get used to making them and are far better than a box mix.

It is worth baking your own bread and cakes, pie crust is only good homemade, but Ghirardelli makes a very decent brownie mix and unless you are a pastry chef, Dufors puff pastry is at least as good as what you will produce at home

@IMAO_ Liberals always vote. Republicans tend only to vote when it matters. If the rule was popular vote getter wins way more Trump voters would have turned out than actually did in 2016.

Here’s a simple IQ test: If they had changed things ahead of 2016 so the winner of the presidential election would be whoever got the most raw votes, who would have won that election?