It's crazy how many US states, including California, allow local jurisdictions to substantially amend or adopt their own building code. How can you have an efficient, national construction industry when you've got tens of thousands of sets of distinct regulatory frameworks?
Why has modular construction failed in the United States?
"Sweden has used prefabrication to deliver mid- and high-rise housing at competitive cost and high quality for decades, and the explanation has nothing to do with engineering. Sweden has a standardized national building
Trump has been accused of countless rapes and sexual assaults by little boys, little girls, women from all parts of the US, for decades. He paid off hookers and hush money to countless other victims. Some victims were threatened, some disappeared and some committed suicide. Heck, he even raped his own wife, according to Ivana’s divorce court documents. He cheated on his wives. He is found to be an adjudicated rapist by a civil court. He hang out with a known pedophile for 15 years as his best friend, partying with little girls. He bought a teen beauty pageant just so he can hangout with little girls. America, and MAGA in particular, how low your moral standards can be to say, that dude is the best among us. Let’s make him president. A man’s reputation is killed with one rape accusation when that happens. Americans who voted for him ignored a parade of trump victims. Now MAGA is disillusioned because trump has taken the country to war to hide the files. This is the crime coverup of the century. Trump voters, you must carry the burden. You are responsible for this carnage.
The Hollow Men
American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.
By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.
These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.
In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.
Today, we have severed that link.
We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.
If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.
This looting starts in the boardroom.
We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.
Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.
And for what?
Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.
They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.
And what happens when these boards hire executives who also have no personal capital at risk?
We get the Delegation Economy.
When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.
This is not management. It is intellectual money laundering.
They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.
While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.
If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.
The time for polite governance is over.
If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.
@USDOL When and if fascism comes to America it will not be labeled "made in Germany"; it will not be marked with a swastika; it will not even be called fascism; it will be called, of course, "Americanism. - Halford E. Luccock
I'm old enough to remember when DOGE was supposed to find enough fraud and waste to cut the deficit?
And instead DOGE just gutted the agencies investigating and regulating Elon's companies, and Trump gave more tax breaks to mega-rich people to add to the deficit.
104 Followers 152 Followingavid GME INVESTOR , love music. best of all i love each and every one of you.
enjoying riding my ebike
I will not give in to subscriptions FUCK THE BLUE CHECK
17K Followers 3 FollowingYour data-driven gateway to the heart of the U.S. housing market.
An independent news and research firm that covers the housing market. 🏡📊
54K Followers 354 FollowingMacroeconomist/investment professional. Author: The Collapse of Global Liberalism. Host of the Multipolarity podcast, @MultipolarPod.
96K Followers 460 FollowingOne nerd’s perspective on the financial planning world… CFP, #LifelongLearner, Entrepreneur-In-Denial, Advisor #FinTech, & publisher of the Nerd’s Eye View blog
369K Followers 145 FollowingU.S. National Intelligence oversees the U.S. Intelligence Community & serves as principal adviser to the President of the United States on intelligence issues.
9K Followers 58 FollowingCharting the rise of a multipolar world order.
Podcast.
Hosted by @philippilk and @admcollingwood.
Produced by @gavhaynes
https://t.co/jyENnSiiak
20K Followers 727 FollowingHead of commodities macro + AI PhD + sarcasm. Up +2200x in 6.4 yrs of investing. Posts are speculations - not financial advice.
27K Followers 192 FollowingShipping data, commodities, and trade flow analysis. We provide a data platform, private discord, and weekly report. Made by investors, for investors.
4K Followers 9 FollowingMarket reform advocacy led by you, for you. We want Transparency, Simplicity & Fairness, Choice & Control, Best Execution, and Better Settlement & Clearing.
21K Followers 62 FollowingOfficial account of the Business Breakdowns Podcast. Diving deep into a single business and finding the key lessons for investors and operators. @colossusmag
14K Followers 424 FollowingRIABiz is a journal that covers the advice business coming of age in terms of higher ethics, higher technology, lower prices and a better output.
139K Followers 1K FollowingHe/Haw/Xi
Reichsbank President 1908-1923
Uncategorizable.
Tweets are solely for my own amusement.
"My way of joking is to tell the truth." - G.B. Shaw
438K Followers 7K FollowingPublic Citizen has been standing up to corporate power and holding government accountable for 50 years. We're people-powered and accept no corporate money.
93K Followers 6K FollowingFounder https://t.co/ap056uzeZu
https://t.co/YzI5yG1YLK
https://t.co/QbGtbvXNuW
Dance like no one's watching. Encrypt like everyone is.
464K Followers 3K FollowingTeam America. New Economic Patriotism. Medicare for All, Workers over Billionaires, No Foreign Wars. A 21st century New Deal. Real Change. (650) 999-9610
352K Followers 1K FollowingWe are an independent investing research and financial media company. Not Investment Advice. Access our research at https://t.co/7g2FfaekGA.
459K Followers 1K FollowingInternet Archive is a non-profit research library preserving web pages, books, movies & audio for public access. Explore web history via the @waybackmachine.
26K Followers 2K FollowingFixed income background. Sharing thoughts on macro and global affairs (mostly for my own memo). Not a flow guy; NO investment/trading/financial advice.
41K Followers 10K FollowingWe’re fighting to build an economy that works for all of us by making the wealthy and corporations pay their fair share in taxes.
1.6M Followers 1K FollowingMonitoring Real-Time News & Open Source Intelligence • Middle East • US • World • Geopolitics Analysis • Commentary • On The Ground • Signal Tips: Osint.613
201K Followers 590 FollowingChief Intelligence Officer of @artoriastech | Focus on cartel violence in Mexico, Latin American affairs and drug trade/organized crime 🇲🇽🇺🇸 RT≠Endorsement