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DoomPosting
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Degens Deteriorating
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Today is a good day to learn about one of the worst Supreme Court decisions in recent history:

Tennessee v. Garner (1985)

Most of American history used the "fleeing felon" English common law standard: if you engage in fresh pursuit of a thief without unreasonable delay, then you can use lethal force.

In 1985, the Supreme Court invented a new standard. It said that under the Fourth Amendment, shooting a fleeing felon was an "unreasonable seizure".

This was not what the Founders meant. This was not considered "unreasonable" at any moment before that moment in time. This was not an originalist interpretation. This was six men inventing a new standard, from whole cloth.

So now it's illegal to shoot a felon who is running away from you everywhere in America. Even if your state says it's legal, too bad.

Even worse, it's basically impossible to change. It would take a constitutional amendment or the Supreme Court overruling its own recent precedent to change it, two incredibly unlikely events.

So now good men like Orest Schur go to jail, while criminals can steal without fear.

tl;dr - in 1985 four democrats and two boomer republicans made it illegal to defend your property with lethal force, undoing hundreds of years of American and English legal tradition

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This is incredible:

Money market funds are now paying a record ~$500 billion in dividends per year.

That is a 500% increase since the start of 2023.

This comes as money market fund assets have doubled to a record ~$7.2 trillion during this period.

As a result, these dividend payouts account for ~2.5% of annual consumer spending, according to Apollo.

By comparison, at the beginning of the 2008 Financial Crisis these funds paid ~$200 billion, about 2.0% of total US consumer spending.

Money market funds are evolving the US economy.

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BREAKING:

FOMC Minutes are OUT.

Here are the key takeaways.

- Tariff effects may take longer to materialize

- Growing concerns over stretched asset valuations

- Majority view inflation as a bigger risk than employment

- Full impact of tariffs may take more time to unfold

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Me trying to figure out a way to make $10000 a month without having to put in any effort

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BREAKING:

Morgan Stanley says the Fed won't cut rates this year.

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Altcoins are a ticking time bomb right now!

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Soon Americans won't need to do injections to get the weight loss benefits of GLP-1RAs.

They'll be able to just pop a pill and blunt their hunger!

They might even be able to maintain weight loss by taking a pill a day as needed.

The age of skinny abundance is coming.

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Welcome to Las Vegas…

Clerk locks the door on a shoplifter, who then breaks the glass to escape.

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GPT-5 just casually did new mathematics.

Sebastien Bubeck gave it an open problem from convex optimization, something humans had only partially solved. GPT-5-Pro sat down, reasoned for 17 minutes, and produced a correct proof improving the known bound from 1/L all the way to 1.5/L.

This wasn’t in the paper. It wasn’t online. It wasn’t memorized. It was new math. Verified by Bubeck himself.

Humans later closed the gap at 1.75/L, but GPT-5 independently advanced the frontier.

A machine just contributed original research-level mathematics.

If you’re not completely stunned by this, you’re not paying attention.

We’ve officially entered the era where AI isn’t just learning math, it’s creating it. sama OpenAI kevinweil gdb markchen90

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The website of Alec Radford. Inventor of GPT

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Website of Larry Wall. Inventor of the Perl programming language

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