hasilp89

Have you looked at sigma-roc / any thoughts?

Zeg and Glv

that is hilarious. thank you for sharing.

What have you seen that says they despise each other?

Aren’t they launching a nicotine punch with Tucker Carlson?

https://www.wsj.com/opinion/musk-and-ramaswamy-the-doge-plan-to-reform-government-supreme-court-guidance-end-executive-power-grab-fa51c020?st=H2hni7 Maybe they'll do less than they believe, but more than most people think.

someone bought some dominos.

Not a stupid question at all. Here is my understanding based on some research. (please correct me where I'm wrong!) - Executive branch submits a budget proposal to congress each year that is run through the OMB. It is non-binding but serves as a starting point for congress. (Feb each year) -Congress reviews - each committee goes into detail on their departments and submits for congressional approval (senate/house vote and appropriate as neccesary) - President has to sign. Ultimately Congress has the power of the purse. My assumption is both they and the judiciary branch could push for and enforce that the executive branch is properly enacting, enforcing and funding and laws that are written (checks and balances). Congress could also come back and deny the executive branch's proposals and require that more money is spent on department X or Y. In some cases i think it will be pretty clear cut - say there is a law that says people under the poverty line get $5/day for groceries - the executive branch couldn't just remove that and stop paying it without the law being overturned by congress or ruled unconstitutional by the judiciary. On the other hand if that $5 a day payment is administered ineffectively through a costly people intensive program then I'd assume DOGE could find a way to save money. Again this is a hypothetical and i could be way off base. Just trying to think through it logically based on the checks and balances of the US government.

this is what i was getting at. I've seen many people comment that SS is so big that whatever you do won't make a difference or that you just can't move the needle with the gvt. That just seems like a horrible mindset though. If you owned a business (or as an investor) you would naturally care about your costs, you wouldn't want each departments budgets going up each year just because. Even if they wouldn't move the needle I imagine you would care because it's your money and you'd want people focusing on the mission of the business, not off doing other things. - i get the opportunity cost argument and that you can't fight for every last dollar but i think it is more than that - if you don't have the mindset of being efficient with your companies capital you will end up with mediocrity and getting beat. How is that different with the government?

Thanks @Spekulatius- Was it just due to good underwriting / good culture or something different?

How did you come across this bank? Have you followed for a while?

lol. Lot of funny money being made these days. i know most ppl think its a joke but Vivek ran on cutting the bureaucracy (recent lex Friedman interview goes through his thought process). While most of gvt budget is ss, Medicare/medicaid I imagine there is plenty to cut. Musk/vivek not necessarily beholden to any special interest.

Vivek and Elon to lead Doge. “The Manhattan project of our time.” $6.5 trillion budget. how much can they cut

Interestingly Ben Graham was a proponent of this (multi-commodity backed currency) https://www.amazon.com/Commodities-Currency-Benjamin-Graham-Classics/dp/0070248060 https://www.ivey.uwo.ca/media/2826068/bengraham2ndsymposium-potvin-power-point-2009.pdf

tracks to what is disclosed in the supplement