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Andrew Tobias
Andrew Tobias

Money and Other Subjects

A Bargain At $13.55 A Share?

September 20, 2024

But first . . .

SUCCESS!

Their latest annual report: 53 schools serving more than 20,000 scholars, mostly from low-income families of color, selected by lottery.  First in New York State in math; middle schoolers acing exams typically taken by 10th and 11th graders; 172 points above the national SAT average — and more.

(To those who believe charter schools are a bad idea, draining resources from public schools, please see this longer post.)



And also . . .

FAILURE!

Or at least that’s what one would predict for North Carolina gubernatorial candidate Mark Robinson.

Per Heather Cox Richardson:


Republican North Carolina lieutenant governor Mark Robinson frequented porn sites, where between 2008 and 2012 he wrote that he enjoyed watching transgender pornography; referred to himself as a “black NAZI!”; called for reinstating human enslavement and wrote, “I would certainly buy a few”; called the Reverend Dr. Martin Luther King Jr. a “f*cking commie bastard”; wrote that he preferred Adolf Hitler to former president Barack Obama; referred to Black, Jewish, Muslim, and gay people with slurs; [and] said he doesn’t care about abortions (“I don’t care. I just wanna see the sex tape!” he wrote). Andrew Kaczynski and Em Steck of CNN, who broke the story, noted that “CNN is reporting only a small portion of Robinson’s comments on the website given their graphic nature.”

After the first story broke, Natalie Allison of Politico broke another: that Robinson was registered on the Ashley Madison website, which caters to married people seeking affairs.

Robinson is running for governor of North Carolina. He has attacked transgender rights, called for a six-week abortion ban without exceptions for rape or incest, mocked survivors of school shootings, and—after identifying a wide range of those he saw as enemies to America and to “conservatives”—told a church audience that “some folks need killing.”


Robinson has Trump’s backing (60 seconds).

But even with that, I think Josh Stein will be the next governor of the great state of North Carolina — and that Kamala Harris may just win the state’s 16 Electoral College votes.


You know who also has Trump’s backing?  Laura Loomer.  Treat yourself to Jon Stewart’s take.



And now . . .

DJT

With the stock now down to $13.55 from its $79.38 March 26 high, bargain-hunters have to ask themselves: is a company with no meaningful and enormous losses worth $2.7 billion?  Should they invest in a company whose success rests with this man?  Will he bankrupt this company as he has bankrupted so many others?

Who’s buying here, even at $13.55?


Heather Cox Richardson goes on to show just how far DJT has taken the G.O.P.  from the mainstream and offers this stark assessment:


When a political party has so thoroughly walled itself off from the majority, there are two options. One is to become full-on authoritarian and suppress the majority, often with violence. Such a plan is in Project 2025, which calls for a strong executive to take control of the military and the judicial system and to use that power to impose his will.

The other . . .


We really need to win.  And by such a wide margin that even this Supreme Court wouldn’t dare throw it into the House of Representatives.

Pitch in!  Volunteer! 

 

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John Kenneth Galbraith, The Age of Uncertainty

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