I just learned that 50-70% of the population doesn’t have an internal monologue.

I honestly can’t really comprehend this.

Made a fiddle board for Apollo yesterday. #dadstr

All of this FEMA talk in socials reminds me of when I tried to trespass FEMA from a whole city once.

Story time:

FEMA came to my local city, which I am a councilman for, with updated flood zones mapped out and they requested the city join their national flood insurance program. This was earlier this year or last year, I can't quite remember when exactly.

The program allows building owners in the flood zone to buy "federal" flood insurance.

Sounds innocent, but the program also provides the city with a specific ordinance that the city MUST pass. The ordinance requires the flood insurance in the flood zone for any permits, and possibly for any federally-backed mortgages IIRC, and it requires the city to enforce it. So the city has to force folks in the flood zone to buy insurance.

And if the city didn't join the program, there would be consequences:

The city would be ineligible for FEMA assistance in the event of a disaster. New mortgages for buildings in the floodzone would no longer be able to use federally-backed loans ( ! ). And the city would no longer be eligible to receive federal grant money (cities get a lot of this, our money is broken).

I viewed this as the federal government forcing an ordinance on me and my local citizens that we don't want. It was the feds saying, "Do this or you don't get the millions of dollars that your city takes from us via grants."

I even went to an open house that FEMA put on about this issue and I asked why individual property owners couldn't just join the program voluntarily, why does the entire city need to do it and force the insurance on people. The people there weren't the people who could change anything, so it wasn't useful.

Flood insurance, in my opinion, should matter to three parties, none of which is the federal government: The building/homeowner, the bank/person behind the mortgage, and the insurance company insuring the home.

I voiced my concerns about this program and I suggested the program was unethical in its implementation. I urged a no vote and recommended the city trespass FEMA personnel from all city property to send a message to them. Then when (or if) the feds follow through with denying federal funds to the city, we get senators and local media involved.

Because federal grant money and federally-backed mortgages were being held hostage, the city council voted to join the program, with me being the only no vote. Even the other councilmen acknowledged just prior to the vote that they felt they were being forced and didn't have a real choice. Costs and regulations are so burdensome nowadays that small cities rely a ton on grant money. I hate it.

Oh, and by the way, this is probably something every city in the nation with even the smallest part of it in a flood zone faces. So if you live within a city, might be worth checking in and seeing how they handled this.

Now that it is on my mind again, I suppose the city could still trespass FEMA personnel. An item for next month's agenda. LFG!

Stay frosty out there.

No. But they are still directionally helpful and--importantly--the majority of market participants believe the "official" data.

September unemployment rate: 4.1% vs 4.2% (expected) and 4.2% (prior)

September US nonfarm payrolls: +254k vs +132.5k (expected) and +159k (prior; revised from +142k)

The Doom and Gloomers and Recessionistas are... wait for it... wrong again.

#macro

Onwards.

🐂

I’m in a quandary, please help me decide something:

The US federal government is:

A. Mostly worthless.

B. Totally worthless.

🇺🇸

This week ...

USA to Ukraine: "here is $8 billion"

USA to Israel: "here is $8.7 billion"

USA to Taiwan: "here is $567 million"

USA to US citizen hurricane victims:

"here is $750 for some of you"

Let’s play a game. There are 8 bags of groceries. How much does it cost?

Closest person who doesn’t go over ashen I check back later gets 2100 sats 👇🏻

(Note: there is nothing with seed oils in these bags, all real food)

TSA and the airlines are sneaking more facial recognition in every month and it’s super insidious. Gross we never voted on this, it’s never announced and it’s framed as mandatory / expected even though you can opt out.

Slow creep of becoming China.

We visit Virginia periodically for family. While in town we reach out to Bitcoiners in the area. Last night at Compass Coffee we had a blast. We started with a book club discussion and wrapped up with Hodl Up. Getting beat at your game is humbling. An awesome group!!!! We're definitely visiting again! ☕️☕️

All my aunts an uncles are no longer with us! Sadly.

hahaha damn that’s crazy. hope you’re well man