Handing The Mic To Bernie — And Some Inventory Picks – Cyber Tech
However first I’ll begin with the BONUS:
By no means thoughts the Courtroom’s immunity ruling — Trump can be prosecuted for Jan. 6. And for hiding paperwork from the FBI. Will probably be lengthy after the election, after all; and by no means, if he wins; however it’s simply doable justice will be completed. Isn’t that presupposed to be one of many nice issues about our nation? That each man is presumed harmless till confirmed responsible — however that no man is above the regulation?
And now — what is that this? Christmas? — a SECOND BONUS:
Steve Ratner’s charts blowing Trump out of the water on the economic system — and crime. Information to be shared extensively.
Now BERNIE.
We’re all flooded with appeals. This one, from Senator Sanders yesterday, truly obtained me to click on:
Expensive Good friend,
As I’m positive you’re conscious, this isn’t a traditional election.
It’s not a traditional election after we are operating in opposition to somebody who’s a pathological liar.
It’s not a traditional election after we are operating in opposition to somebody who has been convicted of 34 felonies.
It’s not a traditional election when our opponent is a convicted sexual abuser and, as a personal businessman, was concerned in 4,000 lawsuits — indicating a complete lack of trustworthiness.
However it’s even worse than that.
When Donald Trump claims that “no person” confirmed up at a ten,000 particular person Harris-Walz rally in Michigan that was live-streamed and extensively lined by the media, that it was all AI, and that Democrats cheat all the time, there’s a technique to his insanity.
Clearly, and dangerously, what Trump is doing is undermining American democracy and laying the groundwork for rejecting the election outcomes if he loses.
In the event you can persuade your supporters that hundreds of people that attended a televised rally don’t exist, it won’t be exhausting to persuade them that the election returns in Pennsylvania, Michigan, and elsewhere are “pretend” and “fraudulent.”
It needs to be a secret to nobody. Trump’s objective is to destroy religion in American establishments and the rule of regulation and transfer us towards an authoritarian society.
However it’s not simply Trump’s dishonesty and authoritarianism that should be defeated.
We can’t elect somebody who believes that, within the yr 2024, ladies don’t have the best to manage their very own our bodies. For the sake of our youngsters and future generations we can’t elect somebody who believes that local weather change is a “hoax.”
For this reason we should do all the pieces we are able to to see that Trump is defeated and Kamala Harris is our subsequent president.
However we should do extra.
Not solely do we now have to defeat Trump, however we should construct a powerful grassroots motion that may confront the extraordinary greed of the massive cash pursuits who’ve a lot energy over the financial and political lifetime of our nation. Our objective: a authorities that works for all, not simply the few.
Sure. We have to overturn the disastrous Supreme Courtroom resolution on Residents United and transfer towards public funding of elections. Billionaires shouldn’t be capable of purchase elections.
Sure. We have to be part of the remainder of the industrialized world and assure well being care to all as a human proper, not a privilege.
Sure. We have to increase the minimal wage to a residing wage and make it simpler for employees to hitch unions.
Sure. We have to tackle the unprecedented degree of revenue and wealth inequality and demand that the rich and enormous firms begin paying their justifiable share of taxes.
Sure. We have to construct hundreds of thousands of items of low revenue and reasonably priced housing and cap lease will increase.
Sure. We should finish the absurdity of getting the best price of childhood poverty of virtually any main nation, make a powerful little one tax credit score everlasting and make investments closely in childcare.
Sure. We should strengthen public training in America, pay academics the salaries they deserve and ensure that each particular person, no matter revenue, receives the upper training they should pursue their goals.
Backside line. We live in a pivotal second in American historical past. Within the subsequent three months allow us to roll up our sleeves, come collectively and do the exhausting work that needs to be completed so as to defeat Trump and elect Kamala Harris as president.
And allow us to additionally perceive that there will probably be no progress on these points or any others that the working folks of this nation care about if Republicans management the Home or the Senate.
So not solely should we win the presidential race, however it’s vital we struggle and win races up and down the poll.
However nobody particular person can try this alone — not Kamala Harris, not Tim Walz, not any candidate operating for workplace wherever within the nation. It is going to take all of us chipping in to assist.
So I’m as soon as once more asking on your monetary help:
Can I rely on you to make a $27 contribution (or no matter you may afford) to the Democratic Nationwide Committee at the moment? They’re hoping for an enormous variety of donations earlier than the conference begins.
Our job is evident. Within the subsequent 81 days allow us to do all that we are able to to assist the Harris-Walz ticket win a serious victory. And, on the day following that win, allow us to proceed our battle to rework our nation and create the form of nation we all know we are able to change into.
In Solidarity,
Bernie
CONTRIBUTE NOW
There are a few coverage positions there I don’t agree with — capping rents kills the motivation to construct new housing, which in the end makes housing extra costly — however on the entire, as traditional, Bernie nails it.
One in all you despatched me a protracted listing of shares, asking whether or not he ought to nonetheless maintain them (and do I?).
They’ve almost all gone down, for which there are two causes:
> First, I’ve made plenty of rotten — or, at least, horribly timed — solutions.
> Second (as he explains it), “those that went up went into my DAF, so there’s a excessive % 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 plenty of cash due to you.”
Studying his listing, it’s exhausting to think about how.
ANIX — $3.19. One in all my sensible guys thinks its drug trials will fail — the inventory goes to zero. One other thinks they’ll succeed — the inventory goes to the moon. How can I resist?
FANH — $1.40. Recommended ages in the past round $6, we offered round $20 and $35 . . . not as a result of I had any concept it might then fall and fall and fall, however just because the upside had been realized and it was time to search out higher values. Like, for instance . . .
CNF — $1. . . . a separate Chinese language shopper finance firm that was by some means associated to FANH, which that very same buddy thought (when it was $4) might be a repeat of FANH, quintupling. As an alternative, it’s been a catastrophe. If the numbers are to be believed (with a Chinese language firm, an excellent greater if than traditional), the inventory is promoting at 3 times earnings! My buddy owns a ton and thinks sometime we’ll reap our reward. I do know nothing — however it positive doesn’t really feel as if we’re going to reap a reward. And but I’m means too cussed to promote.
GLDD — $9. Many people purchased it at a lot decrease costs. I nonetheless have slightly. It ought to be a great infrastructure play, however I wouldn’t rush to purchase it right here. Perhaps in some unspecified time in the future will probably be acquired for $15?
OPRT — $3.13. One in all my favourite moon photographs for individuals who have cash they will actually afford to lose.
SQNS — $0.55. They had been presupposed to be acquired at $3.03, and many people took not less than a few of our modest revenue round $2.80 — the money to amass it was in escrow! I used to be counting my chickens with nice confidence! — after which all of it fell aside primarily based on some French tax rules or one thing I didn’t perceive. It could now go all the way in which to zero. However at 55 cents, I purchased extra.
YTRA — $1.34. There are a complete lot of Indians, and so they journey. If the inventory ever obtained again to $4 or $5, I’d most likely promote.
BKUTK — $367.50. Oh, look! An precise grown-up inventory (albeit a tiny, extremely illiquid one) that pays . . . watch for it . . . a dividend! It’s a really conservatively run neighborhood financial institution, most likely price double what it’s promoting for if administration cared in regards to the inventory worth, however they actually don’t. So I gather my 5% dividend and am form of caught.
BOREF — $1.75. My authentic folly. WheelTug might nonetheless occur. If it does, the drinks are on me.
HYMC — $2.24. Haven’t modified my opinion. Nonetheless holding. (Notice the 1-for-10 reverse cut up since I paid 22 cents; at at the moment’s worth, it’s not up tenfold, it’s mainly unchanged.)
KLTR — $1.23. Nonetheless holding. As with all these others, you should utilize the search field to learn no matter I’ll have written about these klunkers prior to now.
PRKR — $0.16. Might the judicial system ever give this firm a break? In that case, even with a bazillion shares now excellent, the inventory may double or triple. Or else simply step by step disappear, another nail within the U.S. Patent System’s coffin.
RECAF — $0.77. I hope renewable power grows so quick we by no means want the fossil fuels this firm most likely sits on. However I’m means too cussed to promote.
RNGE — $0.30. Excessive hopes — as with all of the above, solely with cash we are able to afford to lose.
VNRX — $0.57. Don’t folks care about their pets??? This firm is meant to be making a fortune by now! The buddy who urged it at greater than twice at the moment’s worth says he doesn’t perceive why they’re not doing higher. I haven’t offered a share, however I’m not significantly optimistic.
Have an awesome weekend.
Pleasure and hope are again.
The cash and help hold pouring in!
Editors Notice: This text was initially printed on August sixteenth, 2024 on andrewtobias.com, syndicated with permission.