Like other civil servants, I took an oath of loyalty to our _Constitution_, not to any man. Our Republic, if we can keep it. youtube.com/watch?time_conti…

A thought for my celebratory space community followers. Does it bother you the guy you're cheering was egging on a pogrom this week? Is there no evil he could do on Earth that would outweigh an orbital data center to you? Have you called out his racism even once?

GASPEE DAYS! Parade and 5k this morning in my neighborhood celebrating how in 1772, in response to aggressive and disrespectful customs enforcement agents of a king they didn't vote for, Rhode Islanders took matters into their own hands

Before she departs, Gabbard uses her platform and access to intelligence to perpetuate one of her and Russia’s favorite conspiracy theories, disingenuously twisting facts, deliberately misinforming the public and delivering a gift to the Kremlin.

Experts warn of devastating space nuclear attack thehill.com/opinion/national…

This is an echo of the terrible smear that became a pop culture trope about Vietnam veterans: that they came back as walking time bombs. Whether you are pro or con Platner, he chose to go to war, and America's veterans are not "broken" people.

JP Morgan replaces bearish Tesla analyst and raises $TSLA price target to $475 from $145 🚨📈🥳🫂

Man the credulousness "Glad you're interested in buying my pizza joint! Hey, I just got a deal with the local college, their Dean (who co-owns my pizza shop) will buy 1000 pizzas a week for students next year! No cancel penalty / no commitment. Now, let's talk price!"

If we expected the CAOC to be hit and abandoned it as soon as the war started, was it really the CAOC? Are we spending money on such facilities anymore if we expect them to be lost right away?

My guess is the $125M only accounts for the most overt things like changin physical signs on buildings from "Defense" to "WAR". How much time am I going to have to spend updating every document and slide I use? Multiply by a couple million employees

Without comment

Some top Hegseth aide at the Pentagon keeps launching racist attacks against the Economist’s Washington bureau chief, seemingly from the Pentagon itself.

The comments to Shashank in this thread are shocking. In the UK we largely see the subjugation of the US media through outbursts in the Oval Office. So it’s rare that we see the vitriol of others behind the “curtain”, and especially from the US military/veteran community.

Happy Pride Month, everyone

Applications are open for SWF’s Space Boot Camp for Nuclear Policy Professionals. This week-long program is for early-career nuclear policy professionals & PhD researchers interested in how space activities affect strategic stability. Apply by July 2: 👉 tinyurl.com/bdfcuzua

Goldman projecting SpaceX revenue will grow to just under $500 billion per year just four years from today ($322 billion of that from AI)). Basically 100% growth per year, forever. unrelated point: Goldman is lead underwriter on the IPO

I have to admit it has been fascinating to hear about how I and a bunch of professors single-handedly lost every war over the past 30 years while the new A-team is losing to Iran in record time.

Of course I unblocked you. You’re now part of an official defense department team and I’m curious to see what you’re doing on behalf of the public.

“Academic Freedom Is a National Security Imperative” - Captain Roger Herbert, U.S. Navy (Retired) usni.org/magazines/proceedin…

Imagine you spent 40 years doing the boring, responsible thing. You opened a 401k at 23. You contributed every paycheck. You ignored the noise. You bought the index because Bogle told you to, because Buffett told you to, because every honest piece of financial advice for 30 years told you the index was the safest, most diversified, most rules-based way to own America. The whole point was the rules. The rules said: a company must trade for 12 months before joining the S&P 500. The rules said: it must show four consecutive quarters of GAAP profitability. The rules existed because in 1999 the index quietly bought a lot of stocks at the top, and pensioners paid the bill. After the dot-com crash, S&P tightened the rules. Nasdaq tightened the rules. FTSE Russell tightened the rules. For 23 years, those rules held. Then SpaceX filed for IPO. And the rules changed. The S&P 500 waived the profitability requirement. Nasdaq cut its trading-history window from 90 days to 15. FTSE Russell cut its to 5. Bloomberg Intelligence estimates the major index funds will absorb between 19% and 24% of SpaceX's float within six months. That's over $30 trillion of passive 401k and retirement money, mechanically buying a single newly public company at IPO valuations, because the rules said they had to. Except the rules used to say they didn't. Here's the thought exercise: If you spend 40 years building a system designed to protect ordinary savers from buying overpriced stocks, and then you waive the protections the moment a sufficiently large stock asks you to, what was the system actually protecting? Most of investing is about understanding what's a rule and what's a guideline. A rule binds the rule-maker. A guideline binds the saver. You're allowed to find out which is which only after the fact.