Documenting the rot in the Golden State of California
Joined June 2023
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Woody Allen's adoptive daughter/ wife Soon-Yi on Anthony Wiener's 15 yo victim in the Epstein files:
Soon-Yi: "How disgusting what she did to him"
Jeff: "What's a guy supposed to do (Huma won't give him any)?"
You don't hate these people enough
Crisis In California retweeted
Los Angeles county Board of Supervisors just unanimously voted and directed its attorneys to draft an ordinance creating "ICE-free zones"
“The board voted just a few minutes ago and it was unanimous, 5 to 0, to try to restrict how federal immigration enforcement operates on county property. This would create so-called ice-free zones. The ordinance would prevent immigration and customs enforcement from using county-owned parks and other locations as staging areas or processing sites unless they have judicial warrants or emergency authorization.”
Crisis In California retweeted
Fun fact, I used to blog back in the day
Here’s my 2009 post on CA as one of the highest taxed states with the lowest ranked quality of services:
swooshing.wordpress.com/2009…
TLDR, California has been the most wasteful and most corrupt of all the 50 states for a lonnnnggg time.
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40% of Canadian Real Estate investment funds are stopping investors from pulling their money out, per the Globe
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California’s new state law requires ALL grocery stores to use only paper bags.
Even though all the food items are still wrapped in plastic.. lol
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BREAKING: San Francisco quietly rolls out $5 million-per-person reparations for Black residents while in a $1 billion deficit.
Readers added context they thought people might want to know
"rolls out $5 million-per-person reparations" - False. Reparations have not been rolled out, neither is there any commitment to $5M per person.
The SF Board approved creation of a fund to allow private donations
msn.com/en-us/news/us/…
The Mayor said no money is allocated to the fund by the city
newsweek.com/black-californ…
abc7news.com/post/san-franc…
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It seems foreigners have taken full advantage of both American generosity and stupidity
Eight Indian-owned gas stations in the state of Texas have been supplied over $32 million in small business loans.
Each individual gas station received between $2.7 million and $5 million
Follow: @AFpost
"Getting significantly worse"
California community colleges are losing millions to financial aid fraud.
calmatters.org/education/hig…
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This is insane.
With no desire to stop the fraud, California politicians insist that they will start taxing property and assets of the richest Californians now.
When these richest Californians leave, which I guarantee they will, especially when they understand the extent of the rot, the middle class will be the only group left to plug the hole because they are the largest collective taxpayers in the state.
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This isn’t a left vs right issue.
Fraud is fraud.
Have you noticed the MSM and the left are trying to make it political and a racial issue?
People’s true nature is showing, I hope you all are learing something from this
Crisis In California retweeted
Here it is:
The Internal Revenue Service has confirmed that Gavin Newsom is running a criminal enterprise.
Spencer Pratt met with criminal investigators at the IRS — $800 million given as aid via “Fire Aid” for Pacific Palisades and Los Angeles fire victims never reached the victims — not a single dollar — while @CAgovernor has his Section 8 secured through theft.
Now, you ask: where the fuck did the money go? Well, NGOs — including one called “Cal Volunteers,” an NGO Gavin Newscum and his wife created.
And now “Fire Aid” has just stripped “Cal Volunteers” from its website (as a recipient) as the news broke. How’s that for a racket?
Crisis In California retweeted
TIM WALZ: “The majority of crime is committed by White Men. It’s crime in general.
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Liberal with green hair and multiple face piercings is outraged she can’t get a job
“No one warned me that if I moved to the Central Valley, California, that I'm not going to get a job with piercings and hair color and that I'm going to have to remove them all if I want a job. Why are we in the 18th century over here?”
“Because when I lived in Nevada, when I moved, when I lived in Monterey, I did not have this problem in the health field specifically. And I did not have this problem over there. I don't-- (massive frustration)”
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$50 million+ of retail funds blown up on the Christmas Eve running martingale on 1DTE SPX Iron Condor.
1,000+ people lost their life savings following his degenerate gambling “strategy” which was sold to them using deceptive sales tactics. He touted himself as Captain Condor 🤦♂️
Casinos ban certain strategies to protect their edge. There are interesting parallels between how casinos manage risk and how traders can think about probability.
Most traders approach markets without a statistical framework. They pick directions, chase setups, and hope they’re right more often than wrong.
Casinos operate differently. They rely on probability and statistics to maintain consistent advantages over thousands of transactions.
Looking at how casinos manage risk offers useful educational comparisons to options trading. Here are a few concepts that I think stand out:
#1: The Martingale approach is based on scaling position size after losses.
Casinos restrict this model with table limits. The mechanics are simple:
- Bet $10 and lose → next bet is $20
- Lose again → next bet is $40
- Continue scaling until a win
The model is designed so a win could offset earlier losses, but this assumes unlimited capital... something neither casinos nor traders have. Table limits exist to prevent this approach from being feasible.
While markets don’t impose table limits, traders still face natural constraints like capital, volatility, and risk tolerance.
#2: Card counting estimates when probabilities shift.
The MIT Blackjack team used card counting to identify when the deck statistically favored the player. Casinos eventually restricted this behavior.
In options trading, probability estimates appear directly in the options chain. Traders can evaluate different strikes and expirations using those estimates — similar in spirit to how card counters evaluated deck composition, though market dynamics are far more complex.
#3: Small statistical advantages become meaningful over large samples.
Casinos profit from a small percentage edge across thousands of transactions.
In options trading, probability estimates help traders structure defined-risk positions. Higher-probability trades typically offer smaller potential returns, while lower-probability setups may offer asymmetric outcomes. Nothing is guaranteed, and performance varies, but sample size and position sizing matter.
#4: Structural rules shape what strategies are viable.
Casino table limits prevent infinite scaling. This constraint defines which betting strategies remain possible.
Markets operate with different structural rules. Traders adjust position size based on available capital and risk management preferences. Understanding these differences helps clarify which concepts translate across environments... and which don’t.
The bottom line?
Casinos operate on statistical edges and disciplined probability management. Markets offer probability-based frameworks too, though outcomes remain uncertain. Recognizing how different environments manage risk can offer helpful context for thinking about trading in a probability-informed way.
Educational only. Not investment advice. All trading involves risk.
Crisis In California retweeted
The most obvious arbitrage trade is right in front of us.
Monad is trading at $3.8B FDV pre-market on Hyperliquid.
Coinbase Monad presale is at $2.5B FDV.
You really think Coinbase will let their first token presale not go well? You think Monad (with $500M+) in assets will let their launch not go well?
Seems like an obvious play to enter the Coinbase presale.
Crisis In California retweeted
They are pulling out all the stops to try to manipulate Bitcoin lower using perps and futures and other derivatives. They are working overtime to try to scare people out of their corn. Do not fall for it. They are running one of the biggest scams I’ve ever seen in markets, period
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I tried out ProjectZeroIO (AI agent) to configure a strategy for looping the borrow on $JLP to net 20-25% APY
it did a pretty good job:
Deposit JLP tokens as collateral on Jupiter's JLP Loans to borrow USDC at 4-6% APR, while keeping exposure to JLP's 9-11% base yield from perps and DEX fees.
Loop the borrow: Use USDC to buy more JLP, redeposit as collateral, and repeat for 3x leverage, netting 20-25% APY on Solana with minimal gas fees.
Monitor position: Track LTV (max 90%) and Liq. Price in the app for auto-accrual.
