
Justin Thomas
2.1K posts


@MrLukeGeorge @POTUS Says the guy with a British and EU flag in his name….
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Those protesters didn't run into bullets for a nuclear deal aka a polished 💩
They sacrificed themselves for basic freedoms that people like me take for granted! 🇮🇷🇮🇷🇮🇷
Do NOT betray them! @POTUS
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@elonmusk 100% accurate. His business adds value. The fact that it’s for profit is immaterial. In fact is aligns incentive to maximize social utility.
Who’s better for the world. Mother Theresa or Thomas Edison? Both great Edison created more cumulative good albeit for profit
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Being 43 is wild. People your age are living completely different lives.
Some are grandparents. Some are raising toddlers. Some are newly divorced. Some are newly engaged. Some haven’t slept in three years. Some are in St. Tropez posting Aperol spritzes from a yacht.
Some look 25.
Some look like they personally remember the invention of Tupperware.
Nobody got the same assignment.
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@IamSpartacus10 @Codie_Sanchez It is also true the H1B is often utilized to suppress domestic talent’s value.
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@mjthomas2 @Codie_Sanchez The visa system is a giant labor crushing scam in every way. It’s being gamed in a hundred different ways. Government knows it but is paid off by Indian companies/lobbies. AI is being blamed for job cuts but in reality the jobs are going to cheap labor in India. Graduates get 🔩
GIF
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Young people today don't hate rich people they are mad that...
- they were talked into too much student debt
- they can't buy homes
- their wages are up 2x while houses up 9-10x
- inflation is eating them up and they own no assets
No wonder they don't like capitalism. They haven't been able to truly participate in it yet.
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@_Ramble_On_ @Codie_Sanchez 1) I agree and to the extent other nations subsidize and don’t play fair the government should engage 2) fred.stlouisfed.org/series/MANEMP 3) Under employment does exist.
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@mjthomas2 @Codie_Sanchez 1) We shouldn’t be in global competition unless the rules are the same everywhere. 2) I would need context for that stat. I highly doubt that manufacturing being low is just an illusion. 3) Unemployment rate is a very poor metric. Too many of those jobs are low wage and gig jobs.
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@_Ramble_On_ @Codie_Sanchez You are in global competition that’s just hope competition works. That said the US has net added 1.5 million manufacturing jobs in the last 15 years and our unemployment remains relatively low.
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@mjthomas2 @Codie_Sanchez Capitalism is great when it’s natural & not manipulated. Wealthy corporations have paid off Congress to change laws in their favor to move manufacturing & white collar jobs overseas & that suppresses American worker’s leverage. That’s the core issue. Everything else is secondary.
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@IamSpartacus10 @Codie_Sanchez You are in global competing for your labor. That’s not crony anything. If an Asian does what you offer as well as you for 50% less that’s just competition. Note if China isn’t competing at arms length then government steps in.
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@mjthomas2 @Codie_Sanchez No. Student debt is Con. Especially when you’re encouraged to go into a field that pays well and then businesses/gov screw you by outsourcing and using visas to get cheaper labor. Thats the crony capitalism we have now. College is now a debt trap.
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@Codie_Sanchez Cost of tokens will exhibit a Moores law reduction in cost across time.
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A crazy tax idea for Elon Musk.
He could become the biggest OZ investor in history.
The IPO is the trigger.
SpaceX goes public June 12 under the ticker SPCX and the valuation might go to $2 trillion. The largest IPO ever.
Insider lockup runs 180 days. It expires around December 15.
The day it ends, insiders can sell. Every share sold throws off a capital gain. For Elon, holding billions in SpaceX paper, the gain is staggering.
Under the new Opportunity Zone rules that take effect January 1, 2027, any capital gain rolled into a Qualified Opportunity Fund within 180 days of the sale earns a five-year tax deferral.
Sell in late December 2026. Invest in early 2027. The tax bill is not due until 2032.
If the QOF investment is held for ten years, the entire appreciation comes out tax-free. No capital gains. No depreciation recapture. Zero.
But Elon isn't going to suddenly start investing in apartments or hotels in low income areas. He is going to remain obsessed with investing in his core businesses.
Good news.
The town of Starbase, Texas sits inside an Opportunity Zone census tract. Grimes County, where Musk is building a $55 billion semiconductor fab called Terafab, has three OZ tracts of its own.
Elon could sell SPCX shares after lockup. Roll the gain into his own Qualified Opportunity Fund. Use that fund to build infrastructure at Starbase or finance the Terafab site.
Then lease the asset back to the public company.
SpaceX pays the rent. The rent is deductible to SpaceX. The depreciation flows to Elon and offsets his other income for a decade.
Then he sells the QOF interest in 2037.
No tax on the appreciation. No recapture on the depreciation. The original gain that funded it all was deferred to 2032.
The IPO funds the infrastructure. The infrastructure runs the company. The taxpayer pays nothing for ten years and almost nothing forever.
This is the crazy idea.
The mechanics are real. The zones are real. The IPO is real.
I am glad to advise his tax team. 🤠
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@GadSaad Gad - I love the book. How many offenses does it take before someone proves they are unwilling to live by societies rules. Or how gruesome does one’s deed need to be to recognized they are to depraved to be among innocent people.
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@kerrodgraygolf This is precisely what I struggle with. I tend to snatch from the top. Allowing for that weightless feeling is challenging for me. I tend to force it and drag handle
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Trying to create a wide backswing by pushing the clubhead as far from your body as possible causes your arms to break down. In this video, I demonstrate how proper body rotation and wrist loading create lag for a powerful downswing. #golf
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@_Maximilien_II @LPrime2087 @theficouple 1% of 330 million is 3.3 million. So then $13 million would get you into the 1% using your same logic and numbers.
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@LPrime2087 @theficouple Incorrect. Unless you view close to 2 million as "not many."
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@dan_themandan @bonchieredstate I think the options are:
A - wait and let the belt tighten
B - Go back to war
C - Hit dual use targets
D - Arm the resistance and support the Kurds
E - combo of those
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@bonchieredstate Iran is calling Trump’s hand. He has no choice but to prove he’s not bluffing. All out attack. Open the Strait by force. Take Kharg Island.
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They are not going to give Trump the out he wants.
So now what?
Open Source Intel@Osint613
NEW: Senior Iranian official Mohsen Rezaei said Iran will not reopen the Strait of Hormuz without war reparations and rejected the U.S. proposal, saying Tehran will continue its "resistance."
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@Ectorshirewolf @tparsi @megynkelly They have no Navy, no air force, can’t sell their own oil through their own waterway. We have lost a couple of aircraft (some of which we blew up). We control their waterway. That’s a tie?
Alabama leads Western Michigan 75 to 14 but WMU still has a football team so… tie? 🤷♂️
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@mjthomas2 @tparsi @megynkelly The fact everyone is still talking about it proves the US "isn't completely winning here". Did you notice nobody talked about Venezuela two weeks after the US "won", if you can call it that? Iran has been hammered, so have Israel & US GCC military facilities; at best it's a tie.
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@Ugo_KelechiPhD @branaldo76 @CarregLasLtd @tparsi @megynkelly Spirit airlines is your example - a shit budget carrier. I’m not saying there won’t be economic fall out, but whatever stress there is on the US is orders of magnitude worse for Iran.
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@Ugo_KelechiPhD @branaldo76 @CarregLasLtd @tparsi @megynkelly Regime change was not a goal. It would’ve a welcomed occurrence. Nuclear deal - not yet. We have the leverage to wait them out. Absolutely there is evidence of GCC decoupling. In fact with Abraham accords sit is essentially our end of the bargain to preclude nuclear breakout.
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@unusual_whales British news paper says US Pentagon is in disarray. Source… trust me bro
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