Econ nerd. Investor, Small Business Owner. Teenager Dad.
Orland Park, IL
Joined October 2009
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Chuck Conn retweeted
Elon Musk:
“Generally, whatever Milton Friedman said, people should do that thing.”
Chuck Conn retweeted
State Farm pays me $6,800 a month for a house that rents to a normal family for $2,100
The family living in it owns a $480,000 house three streets over. A pipe burst upstairs in August, flooded their kitchen, and the contractor said 5 months
Almost every homeowners policy has a part called "loss of use."
If your house becomes unlivable, the insurance company pays the extra cost of living somewhere similar while it gets fixed. Same school, same size, room for the dog
For a family of 4 with a golden retriever, that's 2 hotel suites at around $380 a night. $11,400 a month.
So insurers hand the job to housing companies whose whole business is finding furnished houses close to the damaged one, fast
That's where mine comes in.
Furnished, 4 bedrooms, fenced yard, washer and dryer, 10 minutes from their street. They signed in an afternoon because I came in $4,600 a month under the hotel
The housing company pays the rent.
The people sleeping there own a house and just want to go home, so they treat mine like one
The setup is a normal rental with furniture in it. List it with the insurance housing networks (ALE Solutions and CRS Temporary Housing both take landlords), keep it near good schools, and price it under the extended stay hotels. Frozen pipe season and storm season are when the phone rings
One 5 month placement brought in more rent than that house used to collect in 16 months of renting to a normal family
And if your own house ever floods, ask your adjuster about loss of use the same day. Plenty of people sleep on a relative's couch for months and never claim it
Chuck Conn retweeted
You can see the Hamas terrorist hesitate at the end of the video before he shoots the young woman.
This is the evil of October 7th.
This is the evil Israel is fighting.
Chuck Conn retweeted
Analysts expect the hyperscalers to incur $255 billion in depreciation charges in 2026 on capex of $784 billion. The depreciation charge is projected to rise to $581 billion in 2029 on capex of $1.16 trillion.
To put things in context, the hyperscalers are expected to generate $569 billion in operating profits in 2026.
I should also add that these numbers exclude off-balance sheet capex, which is likely to add another $200 billion to hyperscaler spending. This means that annual hyperscaler capex, if analyst estimates are to be believed, will be around $1.4 trillion by the end of the decade.
Chuck Conn retweeted
AI adoption is much higher in the U.S. than it is in Europe. Will this widen the gap between U.S. and European productivity growth? bit.ly/4bZECFi
ALT A bar chart plots the share of those using generative AI for work in 2026 in the U.S., U.K., Sweden, Netherlands, Germany, France and Italy.
Chuck Conn retweeted
BREAKING: Chinese exports rose +3% YoY in March, the smallest increase since October 2025.
This marks a sharp slowdown from the +40% surge in February.
Chinese imports surged +28% YoY last month, the highest since late 2021, driven by a +50% jump in integrated circuit purchases as AI-related demand accelerated.
Furthermore, nearly 40% of total import growth came from high-tech products.
As a result, China's trade surplus narrowed to +$51 billion, the smallest in over a year.
Meanwhile, exports to the US fell -26% YoY in March, resuming the decline after a brief recovery in February.
AI and geopolitics are reshaping Chinese trade.
Chuck Conn retweeted
very bullish, permitting reform is a big deal
🚨 Major new permitting reform bill just dropped!
The FREEDOM Act tackles one of the biggest barriers to energy projects: permitting certainty.
The problem is executive abuse of permitting. Officials can use permitting rules to kill projects from disfavored industries.
Democratic presidents use permitting to block oil & gas. Republican presidents use it to block solar & wind.
The FREEDOM Act would end this by creating the certainty needed for energy abundance.
The new bipartisan FREEDOM Act is led by @RepJoshHarder, and also sponsored by @RepMikeLawler, @RepChuckEdwards, @RepAdamGrayCA, and @RepDonBacon.
Why permitting abuse is hard to fix
The executive branch has enormous control over permitting. There are 5 stages where agencies can kill disfavored projects:
Pre-application: Gov can close off new applications (e.g. leasing moratoriums)
Application: Agencies can refuse to process applications
Processing: The executive can slow-walk permits or pause indefinitely (e.g. LNG pause, current renewables pause)
Litigation: Gov can sabotage sponsors by siding with NIMBY lawsuits
Construction: Gov can revoke permits or issue stop-work orders
How the FREEDOM Act solves it
The bill puts strict guardrails on the permitting process and backs them with court-enforceable remedies.
Applications: Executive must certify complete applications within defined timeframes. → Remedy: Sponsors can sue, agencies pay daily fees for violations.
Processing timelines: 90 days for routine permits, 1 year for complex permits, 2 years for NEPA EIS reviews. → Remedy: Sponsors can sue, courts can appoint contractors to finish reviews.
Litigation: Bans voluntary remand without sponsor consent.
Construction: Strict limits on revocations and stop-work orders. The executive must show harm and prove no alternative exists. → Remedy: Courts can award full damages for wrongful revocations.
Extra protection
FREEDOM creates an optional insurance program. Sponsors can buy in at 1.5% of project cost. The program pays out if agencies violate the law (e.g. timelines and revocations).
Miscellaneous
FREEDOM adds several miscellaneous provisions on geothermal permitting, some small lease changes, and a small tweak to judical review.
FREEDOM shows real certainty is possible
The FREEDOM Act is the first bill to offer a path to real permitting certainty.
Congress should build on this momentum and negotiate a broader permitting reform deal with permitting certainty, transmission reform, NEPA reform, and clean water reform.
Chuck Conn retweeted
HOLY SH*T 🚨 El Salvador President Nayib Bukele EXPOSES our Tax System. Time to abolish the IRS
“You pay high taxes only to uphold the illusion that you are funding the Government… the Government is funded by money printing”
ABSOLUTE MIC DROP 🔥
Chuck Conn retweeted
We are living through a historical monetary change. The first nation to adopt sound money and fiscal policies will win. The rest will lose. | @dlacalle_IA
mises.org/mises-wire/decline…
Chuck Conn retweeted
Milton Friedman: "The real tax on the American people is what government spends."
Chuck Conn retweeted
With America’s largest city electing an openly socialist mayor, I want to introduce you all to Austrian Economics, a method of economic thinking that makes clear what we already know: the free market works, and government meddling just doesn’t work.
As your state representative, I will continue to fight for the American Dream which can only be achieved by limiting government to just protecting life, liberty, and property, and ensuring Kentucky never falls into socialism. But I also want you to understand both what we’re up against and what we’re for.
Here’s a reading list of incredible FREE economics books, all of which I had finished by the time I graduated high school, in order from most simple to most complex (in my opinion):
1. Economics in One Lesson by Henry Hazlitt
2. What has the Government Done to Our Money by Murray Rothbard
3. Meltdown by @ThomasEWoods
4. Choice by @BobMurphyEcon
5. End the Fed by @RonPaul
6. Economic Calculation in the Socialist Commonwealth by Ludwig von Mises
7. The Road to Serfdom by FA Hayek
8. The Failure of the New Economics by Henry Hazlitt
9. Socialism by Ludwig von Mises
10. Human Action by Ludwig von @Mises
All ten of these books can be read for free on Mises.org, and if you read these, you’ll have a greater grasp on economics than most people with an Economics degree (I say that as someone who has an economics degree). But of course, there’s many other books that are rather recently published. For example, I highly recommend The Case Against Socialism by @RandPaul and @KelleyAshbyPaul for a great historical analysis of the failures of socialism, and an explanation of why it fails every time it’s been tried.
Prosperity demands freedom, and the fight for freedom will never perish in America!
Chuck Conn retweeted
“I’M SORRY I CALLED YOU GAY”
Tucker Carlson and Nick Fuentes Parody
@TuckerCarlson
Chuck Conn retweeted
Cindy O’Laughlin - state politician - told me to stop asking questions about data centers & higher electricity rates. Not a chance. These data centers are massive electricity hogs. That’s why Silicon Valley wants more transmission lines, solar farms and windmills. Somebody has to pay for it all - and don’t believe any politician who says it won’t ultimately be you
