Was "America's Mayor" working with the Russians? There is some evidence that points that way.

This rabbit hole just goes deeper & deeper

washingtonpost.com/politics/2021/…
John Boehner, the GOP's previous leader, is laying the blame of the insurrection at Trump's feet. In his new book, Boehner says Trump "incited that bloody insurrection."

cnn.com/2021/04/07/pol…
Scathing report by US Capitol Police reveals there were even more law enforcement failures prior to January 6 than previously known, including previously unreported warning about a map of the Capitol's underground tunnels posted on a pro-Trump site

cnn.com/2021/04/08/pol…
Yet another report screaming this was an INSIDE JOB!.

"Despite being tipped that “Congress itself is the target” on Jan. 6, Capitol Police were ordered not to use their most powerful crowd-control weapons, according to a scathing new watchdog report."
nytimes.com/2021/04/13/us/…
This Treasonous coup attempt was an INSIDE JOB as more evidence continues to build:

"17 requests for backup in 78 minutes A reconstruction shows how failures of planning and preparation left police at the Capitol severely disadvantaged on Jan. 6"

washingtonpost.com/investigations…
How much of an INSIDE JOB was this? From the tours before to the restricted police activity, to the latest reveal: Throttling back prosecutions / investigations by the FBI

nytimes.com/2021/04/27/us/…
Shocking numbers of law enforcement & active military involved the coup attempt:

Since Jan. 6 attack on US Capitol, more than 400 people who were part of the pro-Trump mob that day have been arrested – a number that could still grow substantially.
washingtonpost.com/nation/interac…
Need more proof of an inside job? Complicity at the highest levels?

"US Capitol Police had specific intelligence that supporters of former president Trump planned to mount an armed invasion of the Capitol at least two weeks before the Jan. 6 riot"

washingtonpost.com/national-secur…
Uh-Oh!

The Trump Organization and its CFO get hit with criminal charges, and additional indictments may be coming soon.

vanityfair.com/news/2021/06/t…
The first rule of holes: STOP DIGGING!

And now we learn of the connection between Fox News + the Anti Jan 6th investigations:

Watch these videos

These are NOT tourists
There is NO LOVE in this crowd

Here are what the Capitol Police said they experienced

Capitol Cop: "Nothing I Saw in Iraq Prepared Me for January 6"

Now we know why the Republican insurrectionists in Congress fought so hard against the select committee’s hearings: They are devastating.

thebulwark.com/capitol-cop-no…
Mo Brooks: “That’s why I was wearing that nice little windbreaker,” he told me with a grin. “To cover up the body armor.”

#InsideJob

slate.com/news-and-polit…
The Civil Justice system seems to be still functioning:

"Mo Brooks Jan. 6 speech at a rally ahead of the riot at the US Capitol is not covered by protections for members of Congress + federal employees, DoJ said in a court filing."

washingtonpost.com/local/legal-is…
More thread

1. Capitol breached for 1st time since 1814
2. Members of line of succession taken to secure locations

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More from @ritholtz

19 Jul
On Friday, I had an “extra special” MiB guest – I interviewed Brain Deese, Director of the White House National Economic Council under President Joe Biden.

The entire hour interview is now live

podcasts.apple.com/us/podcast/bri…
1/
What motivated this conversation was an Executive Order issued by Biden.

It was not the usual 1-pager/Photo Op; Rather, it was a serious, 6,832 word, 72-bullet point document.

You may have missed it.

whitehouse.gov/briefing-room/…

2/
It kind of snuck by unnoticed.

The EO reveals a major policy change: A complete of decades of lax antitrust enforcement, much greater scrutiny of M&A + tougher enforcement against anti-competitive industry consolidation.

I thought it was a big deal.

ritholtz.com/2021/07/presid…

3/
Read 18 tweets
15 Jul
Dogecoin creator lays down a brutal thread about why Crypto is not what it appears to be.

This has become a full-blown battle of Narratives...
Nice work by @TheStalwart spotlighting this

bloomberg.com/news/articles/…
It is important to recognize the risks we create when working from a Narrative that:

1. We agree with (Confirmation Bias)
2. We disagree with (Cognitive dissonance)
3. We are unaware we lack the skillset to assess the accuracy of (Dunning Kruger)
Read 8 tweets
8 Jul
Lots of happenings in Residential Real Estate. But be careful not to get caught up focusing on the wrong things -- no, it's not about inflation or NIMBY or PE rentals.

The big issues are technology, ultra-low rates, capital, and changing demographics.

A quick thread

1/
Let's go thru some of the things that matter far less, beginning with prices.

What matters most are not the price paid, but the monthly carrying costs. This is why low rates have a big impact, and tend to send prices higher.

awealthofcommonsense.com/2021/03/what-i…
2/
Next, RRE Inflation.

Try to avoid chart/statistics crimes, like focusing on Year-over-year data from the pandemic lows. Ignorance? Bias? Fraud? I don't, but avoid this kind of garbage.


3/
Read 21 tweets
5 Jul
There are no shortcuts, secrets or get rich quick schemes that work, WITH ONE EXCEPTION:

My 3-day workshop where I reveal the secrets the ultra-rich have shared with me. You cannot afford to miss this all for the low, low price of $4,995.

Sign up here.
thesecretstofabulouswealth.com
If thats too pricey, then read today's Bloomberg column with my 10 Rules of Money

bloomberg.com/opinion/articl…
And if THAT'S too expensive, well, here is the free summary + list

Bad decisions and poor behavior are the primary reasons why many fail to meet their financial goals.

ritholtz.com/2021/07/bbrg-t… ImageImage
Read 5 tweets
25 Jun
Why Does Anyone Care What Lawrence Summers Thinks? dlvr.it/S2S980
My complaints about the former Treasury Secretary (in decreasing order of importance):

1. Commodities Futures Modernization Act of 2000
2. Repeal of Glass Steagall in 1999
3. Harvard Endowment
I don't really care about his time as Chief Economist at the World Bank, or how he handled the Winklevoss twins vs Zuckerberg / Facebook.

My beef is his poor decision-making on broad public policy issues resulting in immense negative consequences for society.
Read 15 tweets
22 Jun
0 for 14.

That is the track record the "Inflationistas" have amassed in predicting Inflation, Deflation, Disinflation - really ANY "Flation - so far in the 21st century.

0 for 14

My advice: Pour yourself a tall glass of STFU + go find another expertise to pretend to have...
How can any economist have missed 3 decades of deflation?

Automation, global labor arbitrage, digitalization + outsourcing/offshoring all have worked to drive global prices lower.

Missing this and/or ignoring it explains that awful inflation-predicting track record
Hence, why my preferred framework is:

"Deflation, punctuated with spasms of inflation"

Read 13 tweets

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