CGKIV retweeted
Instead of having experiences, everyone is just filming themselves pretending to have experiences.
CGKIV retweeted
Thank you Netflix for warning me this 18-part documentary about serial killers also has scenes with smoking
CGKIV retweeted
We need more community banks, not fewer.
Before the 2008 financial crisis: New banks were frequently approved with $5–12 million (sometimes as low as $7–10 million).
After the Great Financial Crisis and Dodd-Frank: Regulators roughly doubled typical requirements (to around $20 million or more). Analyses put average or median post-crisis figures in the $25–32 million range.
Throughout the past decade, industry advisers and regulators have consistently treated roughly $20 million as the practical floor for most community banks, with many proposals required to raise more (often $25–50 million depending on size, market, and risk).
There has been no general reduction in this expectation.
Every previous wave of consolidation has been met with de novo bank creation. Community banks have always “disappeared” but new ones have always been formed to take their place.
The dearth of community banks is not organic. It is bureaucratically engineered.
CGKIV retweeted
just saw a prediction market ad immediately followed by a sports betting ad and I am once again considering moving somewhere with no internet to run a fruit stand. probably the worst thing to society ever other than opioids
CGKIV retweeted
It should be illegal for utility companies to waste money on marketing - why do they even need to run ads as a local monopoly???
Tired of seeing ConEd ads on YouTube while they jack up the rates
CGKIV retweeted
"What do I owe society?", asked the guy in the green.
“I’m old. I’ve paid my home off,” said Ray Warner, a 72-year-old Akron resident. “Why would I pay property tax?”
Across the country, homeowners are asking the same question and revolting against property taxes at a scale not seen in a half century.
politico.com/news/magazine/2…
CGKIV retweeted
“Looking at those great works of western man and remembering all that he’s achieved in philosophy, poetry, science, law making, it does seem hard to believe that European civilisation can ever vanish. And yet, you know, it has happened once. All the life giving human activities that we lump together under the word ‘civilisation’ have been obliterated once in Western Europe, when the barbarians ran over the Roman Empire.”
- Sir Kenneth Clark
CGKIV retweeted
"Conservatism starts from a sentiment that all mature people can readily share: the sentiment that good things are easily destroyed, but not easily created. This is especially true of the good things that come to us as collective assets: peace, freedom, law, civility, public spirit, the security of property, and family life, in all of which we depend on the cooperation of others while having no means singlehandedly to obtain it. In respect of such things, the work of destruction is quick, easy, and exhilarating; the work of creation slow, laborious, and dull." How to Be a Conservative
CGKIV retweeted
The reason you guys think there's no Democratic "Elon Musk" is because researching and reporting on that means looking into Reid Hoffman, which would be very inconvenient for the whole "Epstein class" narrative.
It would also mean looking into Neville Roy Singham, who is funding the AI doomerism the media is all in on.
Gotten a few questions in the last 24 hours about why there is no Democratic Elon Musk this cycle.
A few thoughts:
1. They're very well could be! So much of Democratic giving now happens through dark-money vehicles that don't disclose their donors. It is possible that there is a Democratic billionaire donating $300 million this cycle, but it is not public.
2. The closest Democrat, publicly, is George Soros. The Soros family runs two super PACs, and they are still sitting on $174 million in cash on hand. I bet some Democrats would love for that to be to use in the final weeks.
3. It's true that most of the ultra-big donors these days are Republicans. Musk, as the world's richest person, is obviously in a league of his own.
CGKIV retweeted
Agree with my son, Taylor…@MLB
Hey @MLB - wanna get more kids watching baseball?
Maybe start with the commercials.
Watching the playoffs tonight with my kids and here's the rundown:
- Megan Fox selling ED pills in a red bodysuit
- The scariest movie trailer you've ever seen
- Sydney Sweeney in zero clothes promoting betting on sports
Leagues can't figure out why kids don't watch.
You don't need a Nickelodeon game. You're not the Savannah Bananas.
Just show baseball in a way I can leave on in my house.
CGKIV retweeted
October 11 is General Kazimierz Pułaski "Casimir Pulaski" Memorial Day. Known as the “Father of the American Cavalry,” he rose to the rank of Brigadier General, and continued fighting for American independence in battles across the colonies. He came to the United States in 1777 to serve in Washington’s army and helped form the American cavalry, which played a crucial role during the Revolutionary War. He is now known as a Polish hero of the American Revolution. This day is to commemorate his death from wounds suffered at the siege of Savannah on October 9, 1779.
Casimir Pulaski Monument in Monterey Square, on Bull Street, Savannah, Georgia, not far from the battlefield where Pulaski lost his life during the siege of Savannah.
CGKIV retweeted
"This notion, of an actually existing unconnected state of nature, is too wild to be seriously admitted."
--William Blackstone
CGKIV retweeted
We are seeing a total failure of MMT around the globe.
QE and deficit spending (after 2008 and during COVID) was basically an attempt at Modern Monetary Theory (MMT). In a nutshell, MMT says that we can print and deficit spend at will without any fiscal or economic complications.
So, central banks held interest rates at zero, forcing markets to accept absurdly low rates. At the same time, these central banks printed massive amounts of money and absorbed a lot of this new debt themselves.
MMTers said we could do this with no inflation. Clearly they were wrong. Friedman taught us exactly what would happen, and it did. Inflation took off. The result, central banks were forced to raise rates and stop expanding their balance sheets.
So far, governments have resisted fiscal sanity and are still running massive deficits even though central banks stopped funding them.
The result? In the past 3 months, 10-year bond yields are up 50 bps in the UK, 90 bps in France, 72 bps in the US, and more than 40 bps in Germany.
Governments were already too big in 2008, but this crazy experiment over the past 18 years has pushed things toward a breaking point.
France proposes to freeze government pay and pensions, and raise some taxes and we should expect more movement toward austerity in other countries soon.
MMT is basically Keynesianism on steroids. It didn’t work. The fix is a revival of Austrian, supply-side economics. Smaller governments, lower tax rates, tighter money, and less regulation. Some will say this is a pipe dream. But it is the only way out.
CGKIV retweeted
what Elon Musk has done to make my life better:
- electric cars
- satellite internet
- saved free speech
what Jeff Bezos has done to make my life better:
- nationwide next-day delivery
- architecture that powers the internet
what Larry Page and Sergey Brin have done to make my life better:
- made the internet searchable
- online email and documents platform
what Mark Zuckerberg has done to make my life better:
- social media to keep me connected to friends
- online ads platform
what Larry Ellison has done to make my life better:
- database software for my businesses
- data centers for AI and cloud computing
what Jensen Huang has done to make my life better
- hardware that powers the AI revolution
what Bernie Sanders has done to make my life better:
🤖 Made with AI
