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Surly Bevo

Burnt Ends
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Posts posted by Surly Bevo

  1. 15 minutes ago, Willfully Horn said:

    This, at least, meets the definition of an option:

    In 1862, President Lincoln issued Presidential Proclamation 94 which suspended the writ of habeas corpus. (The writ of habeas corpus is a tool preventing the government from unlawfully imprisoning individuals outside of the judicial process).

    Yea but Lincoln also had an actual honest-to-goodness shooting war going on at that point AND all he had out there information wise was word of mouth and newspapers that most people didn't get. 

  2. 14 hours ago, StassneyHorn said:

    Trump has seen nearly 2 billion dollars in losses since his Trump Media merger. Shares went as high as 79.38 on March 26 and now closed at 40.49 today

    That's still about 40 dollars more than it is worth

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  3. 17 minutes ago, Gatorubet said:

    It is more like the case where a violent, abusive husband says he is going to kill his wife and she runs out of the house towards you standing there, carrying your loaded 45.  If you stand there and do nothing, and watch her be beaten to death, that is not a crime. At least I’m not aware of any crime that would fit the bill.

    I am aware of cases that say that law-enforcement is not criminally liable for failing to stop a crime. And that is their job. It is universally a crime to do something illegal - not to watch others do something illegal and not act. The closest criminal circumstance I can think of would be misprision of a felony, where you have a duty to report a crime you know of, and fail to do so. Which is different from failing to prevent the crime itself and after the fact. 

     

    George Costanza Seinfeld GIF

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  4. 6 minutes ago, The Dog said:

    we're 10 days from the stormy daniels criminal trial starting and those bill rates are going to skyrocket.

    Like Trump pays his bills.

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  5. Man you gotta feel for Smith.  I know most here think about Dotard in some form or fashion every day.  Can you imagine having to WORK on the motherfucker every day?

  6. The problem for UWM or others like them is that they don't have "deep pockets". They have great access to credit via their warehouse lines but for them or anybody else in that game if that were to go away the game is up and right quick.  

    The basic allegation is that the arrangement post "ultimatum" (or whatever you want to call it) has lead brokers to deliver in many instances substantially all of their loans to UWM when a better option for the consumer cost-wise was available thus breaking the general fiduciary duty an independent broker has to their client's best interests above their own.  

    Now that said read another article last night that the collaborators on the research and article I posted have a significant short position in UWM (of course) but I am reminded that Burry, Eisman, Lippman et al also had significant short positions underpinning their motivations.....didn't make them wrong.

    So who knows, but could be interesting to see how it all plays out.  

  7. It’s all still really simple, no matter your station in life.

    If you meet an asshole in the morning, you met an asshole.

    If you meet assholes all day, every day…you’re the asshole.

    Present company excepted.

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  8. On 4/1/2024 at 9:09 PM, DixonHur said:

    I grew up when the on ramps on Central were like 10 ft long, so I understand the sentiment.

    Yep grew up in Dallas, learning to drive at 15 with my permit.  Had maybe done a week or so of driving around the neighborhoods etc and mom directs me to Mockingbird and Central and said something like, "you're gonna have to do this so no sense in avoiding it"

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  9. 5 hours ago, LCHorn said:

    GSE money is the only game in town and we’ve seen them happily return profits to shareholders rather than adjust pricing to incentivize borrowing.  

    Point of parliamentary procedure.  The shareholder in the GSEs is the Treasury, less some of the profits they now allow them to keep to build up capital reserves.

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