Entrepreneur. Investor. Fantasy football analyst. Sports enthusiast. #BillsMafia. “Skate where the puck is going, not where it’s been.”
Joined October 2010
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29 Mar 2025
It’s time to (re)tell the story of my prior (law) career. You might find it interesting w DOGE stuff we see now.
The short version:
From 2008 - 2018, I was Florida’s best foreclosure defense lawyer (by a lot). Won 2,000 cases for homeowners. (For comparison, nobody else in FL won 200.). I also created many of the favorable appellate decisions for homeowners.
After my work cost banks billions (yes, not exaggerating), banks hired private investigators to create a dossier against me in an effort to take me out, which they then circulated anonymously to FL gov’t.
This dossier was never the subject of any court proceeding, but it became justification for govt to attack me relentlessly. Endless attacks by my state Bar. A “raid” on my office, w the raid leaked to media. Then media hit pieces.
I was never arrested, much less charged or convicted, of anything. Heck, I wasn’t even sued in civil court about any of the false stuff they alleged. And I’d spent my career helping the poor. So why did govt use the dossier as an excuse to keep attacking me, esp when I’d devoted my career to helping the less fortunate?
I got a judge to testify that the pay raises of all FL judges, statewide, were tied to their foreclosing faster for the benefit of banks.
Judges got large pay raises for capitulating — $2M in extra pay (lifetime) for highest judges in state.
That’s when it all clicked for me. The hostility I so often felt from the judges before whom I appeared was a byproduct of their large personal incentives to rule against me & my clients.
The whole system went into the tank. Not one judge stood up & said “this is wrong” bc they were all benefitting from it. In aftermath of 2008 GFC, the judiciary went into the tank, aligning w Wall Street & throwing Main Street under the bus. Why? So judges w de-facto lifetime appointments could get more pay
(This same dynamic existed across USA. It’s why no bankers went to jail after crashing global economy in 2008 GFC)
The result? Two million foreclosures pushed thru the system in FL alone … homes taken from middle class & redistributed to banks, hedge funds & investors. Ever since, home prices have continued to grow faster than median income, making housing unaffordable for so many. All by design
A illustration of how badly the judiciary twisted the laws to help banks (and themselves)? Florida now has a statute of limitations for everything except homicide & mortgage foreclosure. And it’s now almost impossible to find a lawyer who can help homeowners. They didn’t just crush me—they eliminated help for consumers altogether
When I wrote a book about this, I thought I could change how the system operated. The story was so compelling, it felt like a movie script. What did I realize?
A Pulitzer winning journalist told me she couldn’t cover my story bc her editors wouldn’t let her. A national PR firm liked my story so much they worked on it for a year for free, only to realize media was never going to cover it
Freedom of the press was created to expose govt secrets, but in practice, it protects corrupt govt.
(This is why Elon is now getting attacked, even though he’s a grifter (corporate subsides) too)
Wall Street, government and media aren’t just in bed together. They’re all the same thing
And the public? It ensures the system never changes by arguing D v R endlessly
Some people will never believe me. That’s ok. My life is great. I use my unique knowledge of the system to make a career in investing, and I love my life
That said, I’ll always be sad at how many ppl got crushed in aftermath of 2008 …
How many couldn’t pivot like I did …
And part of me will always want my friends to see just how corrupt & irredeemable govt is … so they can tune out the endless BS and improve their lives
So, if you see me post about corruption, this is part of where I’m coming from. It’s real, it’s worse than you think, and it absolutely fucks the bottom 99%
😊💪
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Lots of chatter on my timeline about Elon becoming the first trillionaire.
Questions:
1. What would his net worth be if USA did not depart from gold standard in 1971?
2. What if “tax the rich” folks reframed the issue as #FixTheMoneyFixTheWorld?
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Jun 12
SpaceX value will be cut by 50% in next 3-6 months.
Not a partisan take.
Nothing to do w Elon.
Thats how this stuff works.
Jun 12
SpaceX going public today will create a reported 4,000 new millionaires. Most of the attention will go to @elonmusk becoming a trillionaire but he’s already wealthy, he can buy everything now. The 4,000 new millionaires are going to experience more transformative live changes.
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Jun 12
If you disagree, you tell me:
When were the rules so drastically changed ($500k min investment reduced to $2k) ever so drastically changed, with this much hype, to help Joe Public?
50%.
3-6 months.
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Jun 6
#Bitcoin was created to be anti-establishment. Anti-government.
Now it’s a Wall Street product
I love the concept of sound money.
So necessary.
You know who doesn’t love that?
Government
Wall Street
Those w access to the money printer
“Sound money always wins,” Bitcoiners like to say.
Ok, but when?
Long-term success of bitcoin, IMHO, hinges on an overhaul of the system & a return to sound money.
Plausible? Sure
Imminent? Heck no
It can succeed in the interim. But only to the extent the system lets it succeed — as just another (manipulated) Wall Street product.
The success Bitcoiners originally envisioned requires a system overhaul.
This chart is consistent w my thesis:
Jun 5
Bitcoin heading towards something it's never done before, and it's not good for it's longer-term prospects...
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Jun 6
“Don’t you like silver?”
Great comparison
Precious metals have been manipulated downward for decades. Why?
Those w access to the money printer didn’t want anything resembling an alternate currency to thrive. Just like Bitcoin
For silver, that’s changed recently for two reasons:
1. Silver has real-world uses. Solar. EVs. Industrial uses.
2. Massive demand for physical metal in other countries. China. India.
Neither of these two things applies to Bitcoin right now. Bitcoin is an Americanized product w/o a use case. That’s why it’s long-term success as sound money hinges on a revolution / system overhaul.
Plausible. But not imminent.
Just my take.
Good luck friends. 💪
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Jun 4
SpaceX IPO puts it at a value of $1.77 trillion
Fewer than 10 companies in world history have ever reached this valuation. Yes, ever
The financials / revenues of this company don’t merit this valuation. Not even close
Maybe you think there’s upside here bc Elon is involved. But that’s the wrong mindset
First rule of investing: protect your downside
SpaceX downside is massive
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Jun 5
“How could I have known?”
After SpaceX drops 50% in first 3-6 months, you’ll look back & see this was a tell.
The design of Wall Street is to take money from your pockets & put it into theirs.
Fidelity has lowered the minimum account requirement for access to the SpaceX IPO from as much as $500,000 to just $2,000.
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Jun 5
“What’s the downside of SpaceX IPO?”
Really?
Here you go:
I’ll add this: what if Elon, not exactly a beacon of health, has a heart attack? Or dies in a car accident?
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Jun 3
My thesis on Bitcoin remains unchanged & under-discussed.
I see this as one of the most important investing questions we will ever encounter.
Jun 3
I think Peter’s rejection of bitcoin is dumb.
That said, I think Bitcoiners don’t do a good enough job of discussing the desire of the corrupt system to squash sound money.
If they have unfettered access to a money printer, why would they ever let Bitcoin win?
I agree sound money wins eventually … but when? What will happen to compel the (corrupt) system to adopt the soundest money (against its interests)? Social unrest? Civil war? A complete collapse?
That needs to be the discussion, yet I see none of it.
I wish I saw more.
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Jun 1
My biggest concern w bitcoin:
The way Saylor has tried to turn it into a dividend-yielding product.
Bitcoin wasn’t created to produce dividends. Doing so is perverting it. That’s the weakness, and that’s what markets exploit.
Pigs get fat.
Hogs get slaughtered.
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Jun 1
For me, the most bullish Bitcoin news I could imagine would be bearish short-term:
Eliminate the yields!
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May 29
People are calling this a flop?
That’s wild.
Bryant ran thru SGA.
Look at where Bryant wound up (after contact).
Plus he threw an elbow.
I think it’s insane this wasn’t a flagrant.
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May 29
Lots of chatter in my TL about Peter Thiel moving his family to Argentina
Yet most aren’t asking right question
Why does he … someone so bright, successful, and connected … think Argentina is a better place for his family than USA?
It’s an ominous but necessary question.
May 28
Leaving America is coward behavior…
Big Tech sees our country as an economic zone. There is no "backup" for most Americans.
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May 28
Unpopular opinion:
If I was in bottom 90%, stuck in a dead-end job/career, and didn’t know how to escape …
I’d become proficient in AI and find a way to monetize it.
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May 28
You don’t like AI?
You think it should go away?
The system doesn’t care what you think.
Read that again.
The system doesn’t care what you think.
If you want to thrive, find a way to do so with the system as it exists.
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May 24
I was on Dylan Ratigan Show years ago.
Was obvious then, when the system ran him off the air, and now … he gets it.
A good, non-partisan, unique voice on markets, govt, and the system.
May 24
Wall Street Was Originally Built to Fund New Ideas
Before Wall Street became a global trading machine, it was something much simpler — and much more important. Its original purpose was to connect people with capital to people with ideas.
That was the entire point.
The public stock market was designed as a mechanism through which entrepreneurs could raise money, investors could share risk, innovation could acquire resources, and society could benefit from the creation of new value. At its core, capitalism was supposed to function as an allocation system. Capital flows toward productive ideas. Productive ideas create value. Value creation improves society. Investors are rewarded for backing successful innovation.
That was the basic social contract underneath public markets.
The irony is that most modern discussion about Wall Street barely mentions this original purpose anymore. Today, markets are often discussed almost entirely through the lens of speculation, trading, derivatives, financial engineering, and short-term price movement. But all of those activities were originally secondary.
The primary purpose of a stock market was never speculation itself. The primary purpose was capital formation.
Everything else existed largely to support liquidity around that function. Liquidity mattered because it encouraged investment. Investors were more willing to fund risky new ventures if they knew they could eventually sell their shares. Secondary markets made primary investment possible.
But somewhere along the way, the supporting structure became the main event.
Modern financial markets increasingly behave less like engines for funding productive innovation and more like enormous systems for trading claims against already existing assets. That distinction matters enormously.
Because a society where capital primarily circulates toward speculation, leverage, asset inflation, and monopoly consolidation behaves very differently from a society where capital flows aggressively toward new productive enterprise. One creates innovation. The other creates concentration.
Healthy capitalism depends on continuous renewal. New businesses. New technologies. New competitors. New infrastructure. New ideas.
The stock market originally existed to help society identify and fund those emerging possibilities at scale. In theory, the best ideas acquired more resources because they created the most value.
That was the promise.
Not guaranteed equality. Not guaranteed outcomes. But open competition for capital.
The danger today is that financial systems increasingly reward scale, leverage, and incumbency more than genuine innovation. Capital often flows most easily not toward the most productive idea, but toward the largest existing network, the dominant platform, or the entity already controlling infrastructure and political influence.
That is not dynamic capitalism.
That is financial gravity pulling resources toward existing concentrations of power.
This is why anti-monopoly enforcement matters so deeply. Because once markets become excessively concentrated, capital stops circulating efficiently toward new entrants. The system becomes self-reinforcing. The largest firms acquire more capital, more data, more influence, more lobbying power, more infrastructure control, and therefore even more capital.
At that point, markets stop functioning primarily as discovery systems for new ideas and begin functioning as preservation systems for existing power.
None of this means speculation is inherently bad. Speculation has always existed. Risk-taking matters. Liquidity matters. Trading matters.
But those activities only make sense if they ultimately support the deeper purpose of the system itself: connecting capital to productive human creativity.
That was the original idea.
And in many ways, that remains the central question of modern capitalism:
Are our financial systems still organized primarily to fund the future…
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May 23
Carter is right.
No matter your politics, you can’t do what Dart did. Esp as the QB.
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May 22
Working for myself.
Find a way.
It’s a life hack.
May 21
What happened to you that changed the entire trajectory of your life??
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May 20
Two aspects of Thomas Massie losing merit mention.
First this is horrifying.
U.S. elections … U.S. govt itself … now controlled by a foreign agent.
This is why I focus on markets, investing, and insulating myself & my family. At this point, U.S. is irredeemable.
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May 20
Second, USA has a huge divide b/t our youth and boomer generation.
God bless our youth.
To my eye, boomers are first generation in USA history who will leave their children & grandchildren worse off than themselves.
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