Give a man a book, and he'll read for a week. Teach a man to write a book, and he'll never fully enjoy anything again.

Come on by if at SDCC next week.

Best description of redistricting EVER: "“There comes the point where you slice the baloney too thin and it backfires,” said Rick Hasen, a law professor at the University of California, Los Angeles."" 🤣

True that! "“[T]he internet has gone from being a place of interaction, to a gigantic surveillance system,” said Mary Angela Bock, associate professor in the University of Texas at Austin’s School of Journalism and Media. “They’re tracking us in exchange for entertaining us.”"

"When supply & demand are out of balance, what's the one thing that sets them right? Price!" Michael Maloney But only in free/fair markets. ETFs, market makers, settlement fails, lending, etc. breakdown laws of economics, just like laws of physics breakdown at black hole horizon.

We've seen this b4 🥱: "intention to declare special dividend ... tied to potential litigation settlements". Of course: after lawyer's fees, thru same old DTCC processes, etc. 🤔 Can you say 10-for-1 reverse split, preferred equity conversion OR 4-for-1 split that was not a

It takes money to make money OR not all foreign aid is taxpayer money: "$191 billion [frozen Russian assets] locked in Euroclear. In Feb 2024, Euroclear reported $4.75 billion in interest had already been generated" and sent to Ukraine under EU agreement. Expects $38B for 2025.

House approved H.R. 3339 to expand "accredited investor" to benefit Wall Street by increasing pool of risk-taking investors. SEC, already lacking in credibility, would design test to qualify wider range of investors. Referred to Senate Banking Comm. cnb.cx/455z08R

"It is easier to pervert a self-regulatory system when both government law enforcement mechanisms and civil liability are vague and fluctuating. Uncertainty does not improve business ethics or respect for the law. When securities regulations are flexible and seem arbitrary, the

🚨Important Point on Lack of #Transparency for "accredited investors" from Richard Field. ⚠️More details here: accreditedinvestor.blog/the-dangers-of…

"Of the 33 stocks in the Russell 3000 that have tripled [3X!] in price since the market bottom in April [less than 4 months ago!] , only six [18%] have generated profits over the past year." Can you say "Blue Sky"?

🚨 📣 ESMA adds a boatload of exemptions to settlement discipline, opening more loopholes for failures to deliver #FTD of indeterminate [dare I say "infinite"?] length. regulationtomorrow.com/france/esma-fi…

Not only the best pun in a headline: "Hot dog spill shuts down highway in Pennsylvania commuters' wurst nightmare" But the weenies fell less than 80 miles from Congress! 😆🤣 apnews.com/article/pennsy…

This example of CPI revisions in 2022 shows how routine they are. In a communist economy, central government would know (because they told producers) how much of everything was made. In capitalism, you wait for producers to reply to surveys. When survey responses are late,

The Wall Street foxes remain firmly in charge of the Household Investors' henhouse! #SRO

This is so much more than "regulatory capture". Congress gave Wall Street the power to regulate itself. #SRO => failed experiment.