However first I’ll get started with the BONUS:
By no means thoughts the Court docket’s immunity ruling — Trump can be prosecuted for Jan. 6. And for hiding paperwork from the FBI. It is going to be lengthy after the election, after all; and not, if he wins; nevertheless it’s simply conceivable justice will be accomplished. Isn’t that intended to be probably the most good stuff about our nation? That each guy is presumed blameless till confirmed responsible — however that no guy is above the regulation?
And now — what is that this? Christmas? — a SECOND BONUS:
Steve Ratner’s charts blowing Trump out of the water at the financial system — and crime. Details to be shared extensively.
Now BERNIE.
We’re all flooded with appeals. This one, from Senator Sanders the day gone by, in reality were given me to click on:
Expensive Pal,
As I’m positive you’re mindful, this isn’t a regular election.
It isn’t a regular election after we are working in opposition to anyone who’s a pathological liar.
It isn’t a regular election after we are working in opposition to anyone who has been convicted of 34 felonies.
It isn’t a regular election when our opponent is a convicted sexual abuser and, as a personal businessman, was once occupied with 4,000 complaints — indicating a complete loss of trustworthiness.
But it surely’s even worse than that.
When Donald Trump claims that “no one” confirmed up at a ten,000 particular person Harris-Walz rally in Michigan that was once live-streamed and extensively lined through the media, that it was once all AI, and that Democrats cheat the entire time, there’s a strategy to his insanity.
Obviously, and dangerously, what Trump is doing is undermining American democracy and laying the groundwork for rejecting the election effects if he loses.
If you’ll persuade your supporters that hundreds of people that attended a televised rally don’t exist, it’ll no longer be laborious to persuade them that the election returns in Pennsylvania, Michigan, and in different places are “faux” and “fraudulent.”
It will have to be a secret to nobody. Trump’s function is to spoil religion in American establishments and the rule of thumb of regulation and transfer us towards an authoritarian society.
But it surely’s no longer simply Trump’s dishonesty and authoritarianism that should be defeated.
We can’t elect anyone who believes that, within the 12 months 2024, ladies do not need the correct to regulate their very own our bodies. For the sake of our youngsters and long run generations we can’t elect anyone who believes that local weather trade is a “hoax.”
This is the reason we should do the entirety we will to peer that Trump is defeated and Kamala Harris is our subsequent president.
However we should do extra.
No longer most effective do we need to defeat Trump, however we should construct a robust grassroots motion that may confront the peculiar greed of the large cash pursuits who’ve such a lot energy over the commercial and political lifetime of our nation. Our function: a central authority that works for all, no longer simply the few.
Sure. We want to overturn the disastrous Splendid Court docket choice on Voters United and transfer towards public investment of elections. Billionaires will have to no longer be capable of purchase elections.
Sure. We want to enroll in the remainder of the industrialized international and ensure well being care to all as a human proper, no longer a privilege.
Sure. We want to elevate the minimal salary to a residing salary and make it more straightforward for employees to enroll in unions.
Sure. We want to deal with the remarkable degree of source of revenue and wealth inequality and insist that the rich and massive companies get started paying their fair proportion of taxes.
Sure. We want to construct hundreds of thousands of devices of low source of revenue and inexpensive housing and cap hire will increase.
Sure. We should finish the absurdity of getting the absolute best price of formative years poverty of just about any main nation, make a robust kid tax credit score everlasting and make investments closely in childcare.
Sure. We should reinforce public schooling in The united states, pay lecturers the salaries they deserve and ensure that each particular person, irrespective of source of revenue, receives the upper schooling they want to pursue their goals.
Base line. We live in a pivotal second in American historical past. Within the subsequent 3 months allow us to roll up our sleeves, come in combination and do the laborious paintings that must be accomplished with a view to defeat Trump and elect Kamala Harris as president.
And allow us to additionally keep in mind that there will likely be no development on those problems or any others that the operating folks of this nation care about if Republicans regulate the Space or the Senate.
So no longer most effective should we win the presidential race, however it’s important we combat and win races up and down the poll.
However nobody particular person can do this on my own — no longer Kamala Harris, no longer Tim Walz, no longer any candidate working for place of work any place within the nation. It is going to take all people chipping in to assist.
So I’m as soon as once more asking on your monetary strengthen:
Our job is apparent. Within the subsequent 81 days allow us to do all that we will to assist the Harris-Walz price tag win a big victory. And, at the day following that win, allow us to proceed our fight to turn out to be our nation and create the type of country we all know we will grow to be.
In Cohesion,
Bernie
There are a few coverage positions there I don’t accept as true with — capping rents kills the motivation to construct new housing, which in the end makes housing extra pricey — however at the complete, as standard, Bernie nails it.
Considered one of you despatched me a protracted listing of shares, asking whether or not he will have to nonetheless hang them (and do I?).
They’ve just about all long gone down, for which there are two causes:
> First, I’ve made numerous rotten — or, as a minimum, horribly timed — ideas.
> 2nd (as he explains it), “those that went up went into my DAF, so there’s a top % of down shares right here.” [DAF = Donor Advised Fund. The two biggest are at Fidelty and Schwab.]
“I actually respect your portfolio,” he writes. “I’ve made numerous cash as a result of you.”
Studying his listing, it’s laborious to consider how.
ANIX — $3.19. Considered one of my sensible guys thinks its drug trials will fail — the inventory is going to 0. Every other thinks they are going to be successful — the inventory is going to the moon. How can I face up to?
FANH — $1.40. Steered ages in the past round $6, we offered round $20 and $35 . . . no longer as a result of I had any thought it might then fall and fall and fall, however merely for the reason that upside were discovered and it was once time to search out higher values. Like, for instance . . .
CNF — $1. . . . a separate Chinese language shopper finance corporate that was once someway associated with FANH, which that very same pal idea (when it was once $4) can be a repeat of FANH, quintupling. As an alternative, it’s been a crisis. If the numbers are to be believed (with a Chinese language corporate, a fair larger if than standard), the inventory is promoting at thrice income! My pal owns a ton and thinks at some point we’ll reap our praise. I do know not anything — nevertheless it positive doesn’t really feel as regardless that we’re going to harvest a praise. And but I’m manner too cussed to promote.
GLDD — $9. Many people purchased it at a lot decrease costs. I nonetheless have somewhat. It will have to be a excellent infrastructure play, however I wouldn’t rush to shop for it right here. Possibly in the future it’ll be bought for $15?
OPRT — $3.13. Considered one of my favourite moon photographs for many who have cash they are able to in reality come up with the money for to lose.
SQNS — $0.55. They had been intended to be bought at $3.03, and many people took no less than a few of our modest benefit round $2.80 — the money to procure it was once in escrow! I used to be counting my chickens with nice self assurance! — after which all of it fell aside in keeping with some French tax laws or one thing I didn’t perceive. It is going to now move the entire approach to 0. However at 55 cents, I purchased extra.
YTRA — $1.34. There are lots of Indians, and so they trip. If the inventory ever were given again to $4 or $5, I’d almost certainly promote.
BKUTK — $367.50. Oh, glance! A real grown-up inventory (albeit a tiny, extremely illiquid one) that can pay . . . look forward to it . . . a dividend! It’s an excessively conservatively run neighborhood financial institution, almost certainly value double what it’s promoting for if control cared concerning the inventory worth, however they actually don’t. So I gather my 5% dividend and am roughly caught.
BOREF — $1.75. My authentic folly. WheelTug would possibly nonetheless occur. If it does, the beverages are on me.
HYMC — $2.24. Haven’t modified my opinion. Nonetheless retaining. (Notice the 1-for-10 opposite break up since I paid 22 cents; at lately’s worth, it’s no longer up tenfold, it’s principally unchanged.)
KLTR — $1.23. Nonetheless retaining. As with these kind of others, you’ll use the quest field to learn no matter I could have written about those klunkers previously.
PRKR — $0.16. May just the judicial device ever give this corporate a ruin? If this is the case, even with a bazillion stocks now remarkable, the inventory may just double or triple. Or else simply steadily disappear, another nail within the U.S. Patent Gadget’s coffin.
RECAF — $0.77. I’m hoping renewable power grows so rapid we by no means want the fossil fuels this corporate almost certainly sits on. However I’m manner too cussed to promote.
RNGE — $0.30. Top hopes — as with the entire above, most effective with cash we will come up with the money for to lose.
VNRX — $0.57. Don’t folks care about their pets??? This corporate is meant to be creating a fortune through now! The pal who instructed it at greater than two times lately’s worth says he doesn’t perceive why they’re no longer doing higher. I haven’t offered a proportion, however I’m no longer specifically positive.
Have a perfect weekend.
Pleasure and hope are again.
The cash and strengthen stay pouring in!
Editors Notice: This newsletter was once in the beginning revealed on August sixteenth, 2024 on andrewtobias.com, syndicated with permission.
