1020 thoughts (@1020thoughts) profile picture

Libertarian, exercise nut, investor, trader, macro tourist, software architect. an occasional substack author. https://teapaw.org/t.co/hwcoDuUouM

Joined November 2025
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that was more than enough to lose my vote. For some of us being against socialism means being against socialism not just being against team donkey.
I am sorry senator, but we did not lose any votes over "government ownership of semiconductors companies and rare earth miners." The boomercon cohort is just as out of touch with the American voter as MAGA diehards.
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Be cheerful MAGA. The Republicans may have gotten stomped but we still have multi-trillion dollar deficits, a neocon mideast quagmire, and a ballroom! They can’t take that away from us!
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in the next Purge movie the market will trade with no rules for 24 hours. By morning fintwit traffic drops to 0 as 98% of the user base kills themselves after losing it all on a 10,000 time leveraged NVDA ETF created at 9:31am that morning. I’ve been shopping the screen play.
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All I’m asking is you stop printing money so you can run up the federal credit card by 2 trillion a year while spending money on nonsense and making life unaffordable via inflation. Do that and you won’t need just a tiny bite of Elon’s burrito.
All I’m asking for is a 2-cent wealth tax on the richest Americans.
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1020 thoughts retweeted
Replying to @zerohedge
Breaking news: Trump announces the 10 year is desperate to make a deal after we destroyed its navy. Axios declares sources indicate resolution imminent.
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1020 thoughts retweeted
Unfortunately for Republicans, the situation is very easy to describe: 1. Trump won a cost-of-living election 2. Then he publicly announced a plan to raise the price of imports 3. Then he even-more-publicly started a war that raised the price of gas 4. Meanwhile, he got rich on crypto scams, while engaging in downright Pynchonian misadventures with the reflecting pool and ballroom, which sent the unmistakeable signal that "I care more about random bullshit than America's money problems ... and also I'm not even good at executing on the random bullshit"
For the midterms, I think corruption/self-dealing is issue 1b behind cost of living as 1a. It's not just that people feel things are unaffordable for themselves, they think those in power are helping rich friends get richer. From our latest "America in Focus" focus group...
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We should hold out for $5,000 plus a pony.
Trump unveils a proposed $5,000 “Trump dividend” for U.S. adults, conditional on a Republican victory in the House and Senate As Per FT
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Yep great point. When Bear Stearns went bankrupt JP Morgan bought all the assets and were further ahead. Nothing bad happened.
What would happen if, say, OpenAI went bust? The doomers will say that's the minute the "bubble" pops. But Google or Microsoft would just buy all of their compute the next morning. Now they've got double the GPUs and they're further ahead than they were the day before. David made a great point in this clip... People keep confusing a financial event with the technology. If someone blows up, the infrastructure doesn't vanish, it just changes hands, and whoever ends up with it will have a lead nobody can close. A bankruptcy wouldn't slow the buildout... it would actually feed it. I've written the whole thing up today, on why the AI buildout cannot stop and where it's all heading. I'll link it below.
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Next up Trump threatens to blow up all of the feds power plants praise Allah.
If I'm reading this correctly, the President is threatening the Fed with tariffs.
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1020 thoughts retweeted
If you don't want to rename the moon America Jr are you even MAGA bro?
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Trump threatens to bomb Kansas investors into the stone age if they don’t buy his junk bonds
NewsWire_US - Trump on bond markets: The ultimate intervention is our military. And if we have to use that, we will.
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I mean if you were long geriatric Elvis futures you made a killing.
Just paid $100k to get early access to this:
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🚨Fauci's diary says he privately put COVID's fatality rate at 0.2-0.3%. Under oath weeks later, he told Congress it was 10x the flu. The timeline: Feb 8, 2020 (private diary): case fatality rate "more like 0.2-0.3%." March 10 (Hannity): "The mortality for this is about 2-2.5%. It's probably lower than that, closer to 1%. But even if it's 1%, it's 10x more lethal than the seasonal flu." March 11 (Congress, under oath): "The stated fatality rate of this overall... is about 3%. If you count all the cases of asymptomatic infection, that probably brings the mortality down to 1%, which means it's 10x more deadly than the seasonal flu." March 27 (Daily Show): "The mortality of this is about 10x the flu. It's at least 1%." He wrote 0.2-0.3% in his journal — then told the public, over and over, a number 3 to 5 times higher. @RandPaul @DrJBhattacharya @RobertKennedyJr
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promises made promises kept
If you remember, the Reflecting Pool was #5 on American's top list of concerns in the 2024 election, right behind "An Extravagant and Ostentatious Ballroom," "A Golden Statue of Trump," "Wiping Out That School for Girls," and MelaniaCoin.
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but the package’s pronouns would be honored and celebrated.
Jeff Bezos: "If we ran Amazon the way New York City runs their school system, the packages would take 6 weeks to arrive, we would charge you a $100 delivery fee and when the package did finally arrive, it would have the wrong item in it anyway."
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1020 thoughts retweeted
The Boomers of Kentucky embarrassed the United States on the world stage today. Around the world, people genuinely wondered: can an American politician survive who doesn't repeat low-IQ platitudes about Israel and the Middle East? The Boomers -- with their heterodox Christianity and FOX News propaganda -- gave their answer. Republican politics is dominated by people who for some reason still think Sean Hannity is a smart guy, and Mark Levin is a constitutional scholar. Pat Buchanan had given them the example of the learned and articulate right-winger -- and Pat was well to the right of Hannity and Levin -- but they decided to go with Tomi Lahren and Dan Bongino instead. Oh, Massie voted this way or that, people will say, and that's why he was targeted in this unprecedented way. Yet there's Donald Trump out there campaigning for pro-amnesty Mike Lawler. So I don't believe you that this is a question of Massie's voting record (which is stellar, by the way). Even if Massie had had a handful of objectionable votes, a million times more important than any Massie vote is this principle: A patriot who values his country's sovereignty cannot allow three socially leftist billionaires who represent a foreign interest to buy a congressional seat and place a ridiculous empty suit in it. Even if for some reason you don't like Massie, you as a patriot would have to dislike THAT a hundred times more. These three billionaires never once set foot in Kentucky -- Kentuckians, to them, are lower than dirt, and exist solely to have congressional seats bought from them. Put up a nonentity like "Ed Gallrein" who refuses to debate (how can any voter reward that?), have him utter a few Boomer slogans to satisfy the rubes, and otherwise hide him away. That was the strategy. Boomers (yes, I know there are exceptions) are too morally and intellectually corrupt even to understand what just happened. But the rest of us understand. Can you imagine "Ed Gallrein" leading the charge against the Covid restrictions? He would have been first in line for the damn "vaccine"! Remember, too, that the folks who voted for "Ed Gallrein" tonight are the kind of people who think Marco Rubio is an impressive person, so there was no reaching them. But the younger generations, who don't get their information from the insulting caricature of conservatism that is FOX News, aren't going to fall for the nonsense that snookered the Boomers -- and therein lies hope. Incidentally, the easiest thing in the world would have been for Massie to buckle. Nobody reading this has the remotest idea the pressure that was brought to bear against him. Not one of his detractors could have lasted a week in Massie's shoes. If Trump can sup in happy concord with Zohran Mamdani, the radical leftist mayor of New York, you'd think he could have spared a meal with Massie, whose track record proved he was not Trump's enemy. Not that you'd know it from the anti-Massie brigade (half of whom used to love Massie before they were instructed not to love him), Massie defended Trump through two impeachments, grilled Merrick Garland over FBI assets on January 6, and defended Trump during Russiagate. By contrast, "Ed Gallrein" left the GOP when Trump was elected, and came back only when Biden was in office. But since we're not completely dense, we know the real reason Massie could not be tolerated. As Glenn Greenwald put it, "If the AIPAC/Adelson crowd wants someone out of Congress for disloyalty to Israel, they will be out of Congress. "There are a few exceptions due to unusual districts, but not many. The Israel Lobby has unlimited funding and will spend limitlessly to expunge the blasphemous." I repeat that no American patriot can tolerate, much less celebrate, this grotesque and demeaning situation. The polls show that this situation won't exist forever. We will reach a point at which the foreign money (and that's obviously what it is) will at last be a mark of shame for the candidate receiving it. That will be a great day for American patriots everywhere. Thomas Massie should hold his head high: he stood up against the machine time and again, knowing that it could one day lead to this. Tonight we have to explain to our kids: in this world, the good guys don't always win. But you fight regardless of the prospects of winning. The fight for what is good and right is an end in itself. For that reason, people will remember the Thomas Massies and the Ron Pauls. Nobody will remember "Ed Gallrein," not even as the answer to a trivia question.
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So far Trump has taken government ownership in Intel (INTC) MP Materials (MP) Lithium Americas (LAC) Trilogy Metals (TMQ) U.S. Steel (X) (golden share) And tried to buy Spirit airlines. We really dodged a bullet when we didn’t elect a socialist like Kamala.
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1020 thoughts retweeted
Replying to @RBReich
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