Alternate take: the Adelsons are actually terrible NBA owners who don’t know anything about basketball and Nico is just the fall guy for doing what they asked him to do. It’s hard to imagine a GM making a trade like that without the owner’s input. Put the blame on the owner.

Trader Joe’s in Iowa City/Coralville Iowa. The old Iowa Rock Island Railroad train depot in Iowa City - unused as a train depot since the late 1970s. The building is now a law firm and I actually used to work there. A bit strange seeing a small child staring into my old office!

Do you actually get any bananas?!

Good night back home too.

Let’s be clear about what this really is about: they want to silence anyone who gets federal grants by having the ability to remove their funding and livelihood if they speak against whomever is in power. It’s like tariffs: this is about political control and silencing critics.

All that and only a one-car (detached!) garage!

Huge relief.

Oh, and keep in mind the heirs get a step up in basis in that land, which means if they turn around and sell it after inheriting it there is no or very little capital gains tax on that sale. . .

And even the ones that do are getting something like $13 million to $26 million in exemption. So for a married couple with a $28 million estate (that’s a lot of Iowa farmland), they are paying approximately 40% on about $2 million - about $800k. No one is losing their farm paying estate tax…

We’re talking about like maybe enough estates to count on your hands and maybe toes each year… at least in Iowa.

I practice tax and estate law in Iowa… there are very, very, very few farms large enough to hit the estate tax limit...

Woooo!

Chewing tobacco case or camera lens cover?

You got to pump it up.

Lift that burrito.

“My name is Buck. You got any flower beds around here that need some attention??”