u/ShyLeoGing

What has happend with the States Disunited Under Trump?

Charles McCall, Oklahoma gubernatorial candidate has some campaign ads and promises that are something else. Then there are ads that if true, holy sh*t. Here's an example of an unverified campaign ad, first 35/40 seconds [Oklahoma Ranks Bottom 10 In Almost Everything - YouTube.](https://youtu.be/zApA1XegqQE?t=7&si=Q2jzp0LPRZlJf6N9) ... again this is not verified but even if just a deepfake, the message is way off the deep end.

LOS ANGELES – The mayor of Arcadia has been charged in federal court with acting as an illegal agent of the People’s Republic of China (PRC), the Justice Department announced today.

It's nice to see there was ~ no ~ foreign actors handing the election to Trump! Abusing algorithms for political gain should be investigated, but like the DNC report, they're all cowards who know the truth but are afraid to admit it publicly!

[archive.today link](http://archive.today/9Y4Xy)

TL;DR -- follow the ** as they weave the breakdown, article link, full version of said breakdown.

The shadow docket was primarily used for XYZ and it was used a total of 8 times from 2001 to 2017, 41 times from 2017 to 2020, 19 times during Bidens 2021 to 2024, and currently Trump has used went to the Supreme Court 33 times.**

According to NYU’s Brennan Center for Justice** the second Trump administration has taken unprecedented use of the shadow docket, or “applications that seek immediate action from the court.” In the past, such applications were used in specific cases that could cause “irreparable harm.” But the Trump administration has turned to this emergency procedure a whopping 41 times in his second term as president.    

“Trump’s now using the shadow docket for a lot more than just death penalty cases,” explained Oliver. “Because if a lower court issues a ruling that he doesn’t like, say, pausing an executive action until it’s been fully litigated, he’ll now run to the Supreme Court and ask them to rule in his favor on the shadow docket. And recently, he’s been doing that a lot."        

The full Tl;Dr of the Brennan Center for Justice, explaining the times a president used the shadow docket.     

> **But in recent years, the Court has dramatically expanded its use of emergency rulings, prompting a surge in shadow docket motions. Between January 2001 and January 2017, the U.S. government, the most frequent litigant in the Supreme Court, asked the Court for emergency relief only 8 times. By contrast, President Trump’s first administration sought emergency relief 41 times. That number dropped to 19 during the Biden administration. Since Trump’s return to office, his second administration has filed 33 emergency applications, most of which have asked the Court to halt lower court injunctions blocking executive orders or other administration actions. The Supreme Court has expanded its use of the shadow docket in other contexts as well, including in cases related to voting and elections.

So this Substack page has a handful of good videos, this one could lead to many conspiracies.

The cash looks near at hand until it is not. Then gates close, marks slip, and the need to exit arrives at the exact moment the exit is sealed.

[...]

Some key points

- Blue Owl cut values for a $14.1 billion tech-focused business development company by about 5 percent and nearly 3 percent for a $15.3 billion BDC

- Apollo’s MidCap Financial Investment Corp. posted a quarterly loss, with non-accruals climbing to about $167 million** from $48.5 million a year earlier. Oaktree marked down software assets,

- Sixth Street Specialty Lending trimmed its dividend

- JPMorgan-led Qualtrics financing [...] roughly $5.3 billion debt package for the Press Ganey Forsta acquisition stuck

• banks are staring at more than $500 million in paper losses.

** for those who that don't see the red flag, non-accrual is a delinquency 90+ days old. 3.5% of their total portfolio.

The weak link is not random. Direct lenders chased software because revenue looked durable, contracts were sticky, and collateral was “mission critical.” The AI transition and slower growth have exposed how procyclical that thesis can be. If a sizeable share of BDC and private credit portfolios tilts toward software and services, correlation rises at the exact moment investors assumed diversification. Some funds do have better covenants than public high yield. But in recent vintages, sponsor leverage rose and terms loosened at the margin. When non-accruals move and distributions get cut, the fragility is less about any single borrower and more about shared exposure to a business model re-priced by higher rates and technological displacement. Gundlach’s line that public high yield quality is better than pre-GFC is a tell: the public market has taken its medicine in real time. Private loans have not had to, yet.

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How lucky are we? Tomorrow is not only Taco Tuesday but also Cinco de Mayo, the perfect day for worshiping the world’s premier social media crackpot. He loves huffing some good ol' Panic Sauce, and it's time we provide our collective support to fuel the maniacs addiction. Join in as we playfully weaponize the Orange Thai Chile's ego with slurry of liquid anxiety as he continues spicifying the world. We must ensure the digital landscape undergoes an aggressive urban renewal until the entire planet is successfully engulfed in the forbidden toaster’s embrace!

Let's rejoice in celebration and share the best nicknames for the one and only Cankles McTacoTits!