The mentally ill shooter in Uvalde bought and took possession of his first AR rifle on his 18th birthday last Monday, May 16th. On Tuesday, he bought over 300 rounds of .556 ammo, on Thursday the 18th, he purchased yet another AR. While this might have been his first 1/8
aggregated assault, the multiple purchases of ARs could have been immediately flagged and investigated by ATF. We should immediately raise the age of acquisition of AR platforms to 21yrs old. Ramos (Uvalde shooter -18 yrs old), Harris & Klebold 2/8
(Columbine shooters 18&17 yrs old), Lanza (Sandyhook shooter 20 yrs old), maybe add a multi-week waiting period while conducting mandatory background checks? ATF should use programs similar to their FN 5.7 plan to inquire around multiple gun purchases. The glaring 3/8
Easy fix is to make every School and Daycare center in America a SINGLE POINT OF ENTRY operation. Once the school day begins, ONLY the front door is operable from outside by entering the school with a video doorbell a magnetic lock activated by someone inside. 4/8
We can use unspent federal COVID funding to expedite this process. The mentally-Ill shooter in Uvalde walked into the side door of the school. Little-known fact is the shooter had multiple 30-round magazines loaded and in his backpack. When school security engaged him 5/8
He dropped the backpack with all of the extra magazines and was left with one 30-round mag. If not for the security guard, the deranged shooter could have killed hundreds of kids. I own many guns and am a 2nd amendment advocate but we must change the gun laws to run 6/8
Universal Background Checks, raise the age limit for legal AR purchases to 21yrs old and send ATF to investigate multiple purchases in short periods of time. These seemingly minor changes will make enormous strides in preventing future school shootings 7/8
And to keeping our kids safe. We will learn more about the shooter’s grandmother and the fact that she worked at the school in Uvalde. Motive should come clear one of these days. #PrayForTexas #SchoolMassacre #schoolshooting @NRA @SenTedCruz @JohnCornyn @POTUS @VanJones68 8/8

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More from @Jkylebass

May 22
I agree with @joshrogin on the potential blunder the administration is considering making on tariffs. China was acting (and will act in the future) in non-economic ways in order to force certain U.S. industries out of business. They are focused on our steel and aluminum 1/4
Industries. China was advancing free electricity (the primary costing element) to their steel and aluminum smelters to create a massive competitive price advantage against US companies. Our capacity utilization of our entire aluminum industry had dropped from high 80’s 2/4
To low 70’s in a SPAN OF TWO SHORT YEARS. China’s plan was to bankrupt several of our key industries to create a full dependence on Chinese foundries. These tariffs HAVE NOTHING TO DO WITH INFLATION. They are in place to preserve U.S. national security. @POTUS @JakeSullivan46 3/4
Read 4 tweets
May 20
🛑 China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5 wsj.com/articles/china…
playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5
In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5
Read 5 tweets
May 20
What a great morning! Today, after almost seven years, Hollis Greenlaw, Ben Wissink, Cara Obert, and Brandon Jester (formerly of United Development Funding) will be sentenced to federal prison on 10 felony counts each. These convicted felons defrauded over 30,000
investors of hundreds of millions in a Ponzi-like scheme where they raised new funds to pay old investors their fictitious returns. Years ago, The @SECGov and @SECEnfDirector enforcement lawyer settled multiple fraud charges with these criminals without having the
requirement of audited financial statements and LEFT the now convicted felons in their management positions to continue their fraud against small investors unabated until the @FBI arrested and charged them for criminal behavior. The @FortWorth_SEC enforcement lawyer
Read 7 tweets
May 17
Asian coal cracking to new highs today.Sri Lanka is bankrupt and has only one day of fuel, Senegal out of jet fuel, Nigeria etc..the Biden administration’s energy policy can no longer be set by small NGOs and well-meaning green kids…we better issue executive order suspending 1/4
The Jones Act, greenlight the Keystone pipeline, and begin permitting LNG export facilities again FAST. Our energy policy needs to be reworked immediately. Poor countries are being priced out of the distillate markets which will lead to global food catastrophe. Just think 2/4
@GretaThunberg and @Earthjustice will have contributed to children around the globe dying from lack of food availability because their climate shaming didn’t come with a complete understanding of proper, incremental energy transition policy. When the East coast runs out 3/4
Read 4 tweets
May 12
🛑 Rigid Currency Pegs Break 🛑 As an update to our seminal work on Hong Kong 🇭🇰 back in 2019, conditions today (both macroeconomic and political) will likely cause the 39-yr HKD peg to the USD to be stressed enough to cause a cathartic revaluation of the HKD. Participants 1/10
have little understanding of the fragility of such rigid relationships. Pundits from the HKMA and academia frequently report the HKD currency board is a ‘perfect’ and ‘sustainable’ relationship.This self-serving market affirmation has become somewhat of a financial apostolic 2/10
Creed that’s flawed at its foundation. Today’s HKMA ‘excess reserves’ that are reportedly liquid and ready to be used to defend the 7.85 peg amount to $42.9B. HK banking deposits are $728B in USD and $965B USD worth of HKD. If only 5.8% of USD deposits leave HK 3/10
Read 10 tweets
May 11
@Apple is hiring engineers away from its Western suppliers to help Chinese State-owned YMTC meet its iPhone specs and thereby displace Apple's Western suppliers. YMTC got into the memory chip market through heavy state funding.  This is, no doubt,the result of CCP pressure on 1/5
Apple and Tim Cook. @tim_cook works hard to undermine US national security for a few more dollars in profits for his shareholders. This mirrors what happened with Huawei many years ago, where foreign companies helped Huawei to meet their specs, got hooked on China’s price…2/5
not to mention STOLEN western IP to help rapidly scale Huawei’s business. US companies, ESPECIALLY Apple, should not be allowed to repeat this horrible, miscalculated mistake and help to scale YMTC’s business and displace Western companies in the process. 3/5
Read 5 tweets

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