LC

https://constitution.congress.gov/constitution/amendment-14/

The rhetoric follows the behavior, unfortunately.

Trump and his corrupt cronies attempting to neuter the judiciary: https://robertreich.substack.com/p/the-hidden-provision-in-the-big-ugly

You've been beating the table on this a while now, @FCharlie What is your expected timeframe here? I own a little tracker but what do you see changing the market's opinion and when do you see that happening?

Talk about the worst idea. 24 hrs later - hope you guys didn't get blown out too hard.

Just calling out the disparity. Apparently Dems were soft on crime & immigration, and Reps would point to these types of plea deals as evidence. Now the shoe is on the other foot. Plus I thought we were taking a rock-solid stance against fentanyl from bad hombres. Well, nobody actually believed that but you get the point. And you know, it's so great that cartel members and their family are given judicial due process. Meanwhile ICE deports US citizens and legal immigrants to El Salvador without due process.

Makes it easier to get the Fentanyl in I guess.

So to the Coupang example (I did this with CPNG as well): Mar30-Apr4 I doubled my CPNG position when it was trading between 19-21. Now 31+ days later, the doubled position is trading at 26. If it was trading at 20, I would sell my higher-basis lots. But now I have no tax losses to harvest. The same with DFIN - I doubled the position at 40$ per share...now it is at 55. So these ones, I don't have any tax losses to harvest. But I prefer this way because now I have a bigger overall gain on the position. If the stocks/market continued to decline (say CPNG from 19->15) your execution would be better: because you sold at 19 and can re-buy at 15. I think options help here because you maintain the dry powder in case of a further decline, but also capture upside in case of a rebound. And if there is no volatility at all, you just execute Plan A: sell the high basis shares, capture the tax loss, and 30 days later execute the options to repurchase the position with proceeds from the prior sale.

I know, it is kind of hit-or-miss with me as well. In this case there were a few tangential factors I think working in my favor: 1) the entire market was at lows about 30 days ago. So it was easy to first double-down on positions with taxable losses. Not much different than buying shares without any position, as they were good value outright. 1a) I used options to get the 2x exposure. So if I had 1000 JOE shares, I bought 10 JOE Call options with enough time-to-expiry to execute outside a 30 day window. This limited the cash outlay needed. 2) I had taxable gains I harvested to offset (I sold BRK). 3) Because I already doubled up on the position, I wasn't "re-purchasing", instead when I closed the trade, I was going from 2000 shares of JOE exposure, back to my original 1000 shares (for example). The risk of course is that you don't get a rebound and your now-doubled position also declines. But, that was a risk I was willing to take when the entire market was in the dumps. As mentioned I use options and raised cash with BRK sales to execute this across a few positions (JOE, DFIN, etc.) and also leave me dry powder in case the market declines continued.

He has failed on his two biggest actions globally: -tariffs: embarrassed himself/his country and walked back most of it, total failure posturing vs. China as he now appears weak. -Rus/Ukr: another total failure at trying to control both the narrative and the war itself, embarrassed by Putin and embarrassed himself/his administration in their meeting with Zelensky His national governance policies are already another embarrassment as they're blatantly unconstitutional (ICE, refusal to follow congressional law and judicial rulings), and his cost-cutting is being shown as ineffective. So all together he bungled a whole lot at once, and now is doing whatever he can to save face.

Looks like "bought and paid for" Bondi was cashing in 115k per month from Qatar. And she was the one who authorized their bribe to Stumpy. Hunter was only getting 50k/mo from Ukraine. Again, rookie numbers. I'd wait for the Biden critics to hold true to their principles and apply the same outrage to Trump, but I think old age would get me first.

Then how will we raise hundreds of billions of dollars in tax revenue?

Sold half my JOE position, this was after doubling the position 31+ days ago (so, back to my initial position size). This was done to harvest tax losses.

Every reason I've heard is nonsense that is non-causal and further, applicable to any (and every) major religion, at some point in time. I'm curious to hear your explanation.

I feel like you're sort of making my point - an entire group using "Christianity" to justify their political ambition. I'd put the question back to you and ask why you can't see the malfeasance common to all these faith-based groups. Nope! Raised Catholic. Can you imagine a pope from Chicago? Probably a Blackhawks fan...

What a good question. I do not pretend to be an expert. There is for more informed research readily available if you are interested. Literally the first 3 google results: https://www.dannydorling.org/wp-content/files/dannydorling_publication_id5891.pdf https://www.epi.org/publication/u-s-benefits-from-immigration/ https://carnegieendowment.org/research/2024/08/united-states-immigration-reform-evidence?lang=en

Christianity was definitely a political and imperialist force (and happy to be so) in its heydey. Christian missionaries across the world are evidence enough.

As to worse or better - it's subjective and at least IMO not worth arguing. We have incomplete data on events 1000 years ago and so interpretations can differ. What we cannot reasonably deny is that Christians waging holy war across a continent is a pretty shitty thing to do. I disagree and I think I have good reasons: -It's all faith based which IMO means it's inherently a less-effective system of interacting with reality (compared to lets say some scientific/logic based approach). I mean, the medical community has to essentially bullshit these idiots into vaccinations, lest we have a humanitarian crisis: https://vaccineconfident.pharmacist.com/Learn/Build-Vaccine-Confidence-in-Others/Tailor-Your-Outreach/How-to-talk-about-vaccines-with-someone-who-is-Christian-when-you-arent-Christian -It refuses, as best it can and as long as it can, to accept modern realities. Homosexuals are still evil. Condoms are still evil. Two simple examples. -In practice: When will Catholics priests answer for their crimes? When will rural Christians elect a humanist leader? You want to claim progress - there has been minimal progress and shitheads (across all religions incl. Christians) are still justifying their shitty behavior with their shitty religion. As long as you believe your sky god allows it, what won't you do?

I only excluded it because I was asked to provide evidence of non-Islamic terrorism. So to be clear, if you think I'm trying to downplay Islam, you couldn't be further from the truth. I agree: there's a good argument that Islam is currently the worst of the bunch. 500 years ago I would've said Christianity is the worst of the bunch. Go back further and the Israelites were the worst. My point is they're all garbage. Every one of them, including your personal favorite (the royal 'you'). Immigration policy should be based on some fact-based rationale. Not how brown someone is or what sky god they prefer. Your religion is special. Your book is the most righteous. Who has more peace than your guys? Nobody! If that is what you need to bring you comfort, so be it.

https://newrepublic.com/post/195088/karoline-leavitt-snaps-donald-trump-profiting-off-presidency Hunter was raking in what, 50k per month? A cool 600k/year. Absolute rookie numbers. Trump pulling in 6 Billion from the Saudi's here...now here is a real grifter. Take notes, kids!

@DooDiligence You can use a service such as www.gixen.com to register your bids well in advance of the auction end. It will submit your bid at the last few seconds.

"Do not suppose that I have come to bring peace to the earth. I did not come to bring peace, but a sword" Your guy's own words! Well, realistically likely made up by some uneducated goat-herder in the middle east 2000 years ago but hey billions of people believe it. The point is - Christianity claims peace, it also claims violence. So does Islam ("If they let you be, and do not make war on you, and offer you peace, God does not allow you to harm them"). In the end it's all make-believe that people use to justify their nonsense. Oh come on! And you claim you can't take me seriously! https://en.wikipedia.org/wiki/Christian_terrorism https://en.wikipedia.org/wiki/Hindu_terrorism https://en.wikipedia.org/wiki/Jewish_terrorism

Yes and no - So yes, Australia is where England sent all its convicts - but Trump has said repeatedly that Mexico et al are sending "their worst" to the States. And I imagine that extreme right-wing EU political groups share the same sentiment. On Christianity, Islam, etc. none of it makes a difference. When you abandon reason, humans will use anything to justify their actions: "God says so here in this book"; "MAGA"; "Woke"; "Just following orders" etc. etc. It's all the same - irrational stupidity. Bringing it back to EU immigration: I have no issue limiting immigration. But limiting immigration based on ethnicity or country of origin is (generally) irrational.

Find me a politician who best embraces ideals of the enlightenment and I'll show you my vote

@Dinar, I once read of a time when white Australians were the largest criminal element on that continent! When the Irish were destroying England! When the Italians were the most feared terrorist group in the States. When an entire country called Germany warred all over the modern world - twice! And threw in some genocide for good measure on the second round. So I struggle to understand your point. Are you saying Islam is crap? Well I agree. And I'll do you one better and throw in Christianity, Judaism, every other faith-based system, and every strongman/authority based system as well!