BC TRUMP
Saved by @CodyyyGardner

Still lots of concern about what happens on January 6, given the recent conduct of President Trump and many in the House and Senate.

Bottom line: It'll be a ridiculous (maybe worse) political circus but legally it absolutely will not change the outcome of the election.

Thread:

 1) Let's start with this VP business (Trump saying he hopes Pence "comes through," the Gohmert lawsuit). That's a big nothing. Under the Constitution, the VP's only role is to "open all the certificates" and, under federal law, to "read" them. It's entirely ceremonial. That's it.
2) Imagine if the VP actually did have the power to unilaterally reject votes. Any VP, in any year, could simply declare his own party the winner. Biden could have declared Hillary Clinton in Jan. 2017 over Trump; Cheney could have declared Romney in Jan. 2009 over Obama; etc.
3) I don't believe Pence will try it. And if he does, it'll be about as effective, constitutionally and legally, as using one of those oversized ceremonial "keys to the city" to actually open up the bank building.
4) Now, Congress. There's a federal law called the Electoral Count Act of 1887. (Note: this is a law but *not* part of the Constitution itself; this comes up again). That law says if one member of the House and one member of the Senate raise objections, Congress must debate.
5) Here's where you'll see much of the theatrics. Senators and Reps can and will take to the floor and go nutty during the "debate." They'll all have their run, Ted Cruz and the like will get the vapors and feign outrage, etc. But it's a show, that's all.
6) The Electoral Count Act law (again, not in the Constitution itself) says Congress then can decline to count certain electoral votes only if there's a majority vote of *both* the Senate and House.
7) This won't happen. More than enough GOP Senators are against this nonsense that there won't be a Senate majority, and there's a 0.00% chance in the Democratic-controlled House.
8) Now, some ask: but what if one party controlled both Senate and House -- could that party unilaterally toss out all votes for the other party's presidential candidate? Under the letter of the Electoral Count Act, yes. BUT:
9) First, there's a legitimate argument that the Act itself is unconstitutional. The argument, in sum, is that it violates separation of powers for Congress to essentially override voters and pick the President (who heads, and according to some conservatives, IS, another branch).
10) Thankfully, neither party has ever tried this. Both have been too fundamentally decent for this kind of craziness. And if one ever did, there would be a legit legal challenge and wind up in federal courts, quickly.
11) Finally, NO, the inauguration cannot be postponed. The Constitution itself sets the end of the President's term for January 20 at exactly noon. It takes a Constitutional amendment (2/3 of House, 2/3 of Senate, 3/4 of states) to change that. Not happening by Jan. 20 (or ever).
12) There's real harm being done here. The President and others are spinning wild lies, hurting our standing in the world, and undermining our democracy. And some are trying to fire up an outburst at the rally in DC tomorrow.
13) So this is all absolutely terrible for the country. But it simply will not succeed, and will not change the outcome of the 2020 election.

END

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James Lindsay, expert ...
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This is mostly right but strikes me as it needing said that I don't think the left or the intelligentsia have the slightest idea how low institutional trust in anything coming from a left mouthpiece is now. Except in-network, the best heuristic is "the opposite of what they said"


If you look at the situation from a predictive models perspective instead of the more rigorous and appropriate (under normal circumstances) "prove your case or gtfo" perspective, trusting the opposite of whatever the left side says has an AMAZING track record, as we know it.

Literally, the best heuristic most people have right now, in terms of how often it gets things right versus *completely* wrong, is "whatever CNN, the NYT, public health officials, and the Democrats said... yeah, the opposite." That is, they're wrong WAY outside of statistics.

They're also not just wrong. They're *completely* wrong, backwards, often transparently covering something up that they don't want known or refuse to believe. This isn't just a legitimation crisis because there's a heuristic: whatever the official left narrative is, is wrong.

There are a few reasons why such a heuristic would be more predictive than not. One of those is conspiracy, and another is mass hysteria with ideological capture. We know at least one of those is happening and have rather strong evidence both are. That makes conspiracy reasonable
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(ARTICLE 2)

(ARTICLE 3)

(ARTICLE 4)

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The Great American Forgetting Project starts today. They're going to simultaneously try to tell us the last four years were an aberration that is over, and that it never happened.

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It's our moral duty not to.


Those who benefit from our country's malicious priorities will do everything they can now to get us to forget how incontrovertibly Trump exposed those priorities.

Many of us thought we were something better than we were, but now we know.

We've seen our nation's face.


And many among us knew the truth all along. Many of us always saw our nation unmasked, because they were the ones who suffered it.

They told us all along, and the rest of us didn't listen.

Now that they've been proven correct, we're going to be asked to not listen again.


We can't deny anymore, that there are people among us, everywhere, for whom no lie is so obvious they won't believe it, as long as they think it serves their ends.

They don't care about truth, and never did.

We should care about truth, and speak it plain.

This is us.


We've seen our national tolerance for open racism, for cruelty, for corruption, for false equivocation.

Not just the tolerance, but the enthusiasm.

Trump didn't create it. It was there. He exploited it.

We'll never become what we want to be if we don't admit what we are.
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Here is the detailed information of about strategy,

Entry time : 9.30 - 10
Exit : Upto you

Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle

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For ex : Buy Nifty 17250 CE at 150 and Nifty 17300 PE at 155 so it will become long straddle.

Weekly Short straddle + Monthly Long straddle

Adjustment:

• If you feel slightly bullish/bearish then no adjustment needed
• If Nifty moves 50 up or down and sustain then just simply roll up or down half of qnty and keep rest of the quantity. If market goes up or down further then roll up or down rest.

• If Nifty moves one side or about to breach BEP then add equal amount of lot. This can balance tested side. For ex: If I bought 17300 CE 4 lot as hedge then add 4 lot so you will have only one side risk . Note: Remember to keep SL at cost price (only for additional lot bought)

Capital requirement:
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RR : 1:1
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