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Mike Gatto
4-term California State Assemblyman (ret.) Frequent Guest Analyst Contributor & Founder ActiumLLP. Also Testadura!
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Mike Gatto 5h
It was a bit of both. The stunt was silly (as was the fight about it, I admit). But I had to hold back my laughter at the “repeal” the decision of the chair.
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Mike Gatto 5h
Well then let’s “repeal” the decision of the chair.
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Mike Gatto 18h
Procedural fun throughout, but really gets cooking at 2:40:
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Mike Gatto 19h
When I presided, it always bothered me that “Senate amendments are concurred in” was such an awkward sentence that ended in a preposition. 🙀 So one time I said, “the house has concurred in Senate Amendments” and folks looked at me like I was from another planet.
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Mike Gatto 19h
I will note that legislative bodies, including Congress and many state houses like CA, pay off student loans as long as one stays in public service. This includes key committee posts.
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Mike Gatto May 23
Replying to @EmilieGGatfield
Indeed!
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Mike Gatto May 23
The use of jargon correlates strongly with having the character traits of being inconsiderate and indifferent.
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Mike Gatto retweeted
Bob Brinker May 21
In the history of the world, short sellers have never ruined a well run, profitable company. Blaming short sellers for your problems is a red flag you have no idea what you are doing. If you know what you are doing, you would welcome short sellers. My 2c.
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Mike Gatto retweeted
Faith Conley May 22
STOP ALL LOBBYING CALIFORNIA HAS BEEN SAVED 2019-20 SESSION IS NO LONGER NECESSARY
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Mike Gatto May 22
Replying to @Omarmasry
We weren’t talking about tuition. We were talking debt forgiveness. The latter drives up the former. Read the thread and what I’ve written. I ageee tuition is too high.
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Mike Gatto May 22
Replying to @frankitodevito
Who’s Ed Asner?
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Mike Gatto May 22
Replying to @DavidOAtkins
1. There are plenty on the left who have noticed. 2. Regardless, economic realities exist independently from whether something has permeated in one party or another. 3. Odd to say that folks aren’t focused. Um yeah. My tweets were a direct plea for focus
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Mike Gatto May 22
Replying to @frankitodevito
Let me translate to Millennial, using one of those GIF thingies. 😜
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Mike Gatto May 22
Replying to @DavidOAtkins
That’s the 3rd time in recent memory you resort to shorthand guilt by association instead of logic. Let’s call a pause so we remain friends. I’d ask you to read with an open mind. Like this piece, not by Ron Paul LOL - indeed by someone who has profited.
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Mike Gatto May 22
Replying to @DavidOAtkins
OK. You don’t really seem open-minded to learning more on this topic. Your second sentence juxtaposed with your first shows remarkable macroeconomic innocence. (I almost used another I-word). You’re smart, so I ask you to read Richard Duncan’s book. Not sure what else to say.
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Mike Gatto May 22
Replying to @bikinginla @LAPDHQ
This has mystified the author of the legislation too.
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Mike Gatto May 22
Replying to @DavidOAtkins
Put another way: printing $ makes everything go up in value relative to that unit of currency. That’s good if u own houses & stocks. But not if u want an education. Where’s the traditional Goods inflation u ask? Manufacturing has been shipped overseas keeping goods & salaries low
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Mike Gatto May 22
Replying to @DavidOAtkins
The difference betw salaried young people & capital-gains having older folks is ASSETS. Houses, stocks, oil are priced in dollars. Printing dollars is inflationary, lowers their value. Prices (incl. for education) rise. Bubbles occur. Wealth gap increases.
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Mike Gatto May 22
Replying to @DavidOAtkins
That conclusion is that the Fed, poor trade policies, and crony capitalism has destroyed the American worker. But the solution is not a band-aid here, band-aid there. It's understanding the root cause & solving it. I'd like to see Fed appts scrutinized like SCOTUS.
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Mike Gatto May 22
I've written about this several times. See (bottom of the page). If you don't trust me, read the Great Deformation by and the New Depression by . One comes from the Right, one from the Left. Yet they come to the same conclusion.
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