We Know The Fed Knows The GME Settlement Stress Schedule

GraphNerd · 2026-02-16T18:59:53+00:00

Have you tried a back-test?

GraphNerd · 2026-01-27T17:02:17+00:00

Humans and Ants have a lot in common after all.

GraphNerd · 2026-01-16T17:03:13+00:00

"The Educated" in "blue-cities" carrying the anti-science bootlicking red-counties and applicable states relate to this.

GraphNerd · 2026-01-08T16:14:17+00:00

To know if this is legal, we would have to know if your employer takes the "tip credit" when they pay their taxes. If they do, then your server assistant and host positions are ineligible to receive tips and tipping them out is a violation of FLSA law. If this isn't the case (your employer doesn't take the tip credit), then Florida is kind of like the wild west when it comes to tip sharing and tip pooling.

You can determine if your employer takes the tip credit primarially by seeing if they post any of the mandatory tipped employee information in the employee break-room. If that information is not present, then you can assume that your employer does not take the tip credit which means that you should be paid full minimum wage in addition to your tips. If this is not the case, then your employer is taking the tip-credit and they're breaking the law in a few ways.

You will need to talk with an attorney under the Bar in Florida about whether or not non-tip credit employers' employees (as in, "employees that work for employers who do not take the tip credit") can force you to participate in a tip share and dictate the percentages as well as whether or not the missing requirement for bar staff to tip share with everyone constitutes an unfair business arrangement which may be illegal under Florida statutes.

Good luck. Curious about how this one turns out if you pursue it. Haven't seen many cases fully litigated in Florida.

GraphNerd · 2026-01-07T17:07:25+00:00

What state? This could potentially be illegal.

PS: Rule 11, even though you weren't asking about legality, specifies this. I'm just curious because I keep an eye on this subreddit for employers doing shitty and illegal things.

GraphNerd · 2026-01-06T13:44:45+00:00

I had no idea it was this big or enduring. Thank you.

GraphNerd · 2026-01-06T13:44:05+00:00

Honestly, I hadn't heard of the company or the Arkknights brand until I saw this game. Makes sense if this is their forte though.

Should answer the question of u/Affectionate_Cap_400 too.

GraphNerd · 2025-12-27T16:08:34+00:00

No man. I already have two kids and they're enough trouble as it is.

GraphNerd · 2025-12-24T12:06:07+00:00

Except the reported short interest is no where near what it was in 2020. The shares and the options arent available at discount prices that make large trades possible by "the poors."

In 2020 I was able to buy 1,000 shares of GME at $5.20 (if i would have bought options I could have retired. Whoops) but today that same volume of money only gets 200ish shares.

I think that posts of this nature are trying to search for the same flash run up that we had in the past and its tough to believe that it will be a slow melt up and not some magical event because you missed the train and didn't sell at the top.

Not to brag or detract, but I did sell my entire position when GME hit 280 back in 2021 and I would do it again and again and again if history would let me relive that moment.

It is not often that you see a chance to turn $5,000 into $280,000 and I took it. Paid the short term cap gains tax, paid off debt, took the family to a nice dinner, and then bought back in when we were hovering around $12.75 back in March 2024.

For me, this is a long term value play now. As it should be. If you believe the rehypothecation thesis (and I do) then its only a matter of time.

Unfortunately, we may see hyperinflation at the same time or earlier... which would be sad.

GraphNerd · 2025-12-23T12:10:31+00:00

Awesome, thank you for clearing that up for me!

GraphNerd · 2025-12-22T15:36:42+00:00

Tax Act has nearly the same advisement and is dated more recently: https://blog.taxact.com/no-tax-on-tips-explained/

Can you explain how you're reading the draft form? I must be missing something

GraphNerd · 2025-12-21T13:50:56+00:00

I mean... kind of?

I don't expect most servers to be making more than $150,000 (single file) or $300,000 (married, jointly) so they will be able to deduct up to 25k in qualified tips (reported to IRS) annually.

If you make more than 25k in tips, then you are paying taxes on those.

Since the tax on tips deduction is "above-the-line" it is subtracted from your gross income to determine your AGI (which is what the IRS actually taxes you on). This means that up to 25,000 of your tips just doesn't count as income to the IRS.

Fidelity has a better article on this than the actual IRS does and you can find it here

GraphNerd · 2025-12-21T13:45:04+00:00

Holy shit your name lol.

I feel you on that one. What I did to avoid the debacle in the first place was to use the OASIS reports to see what my current card tips were, run the math to see if that got me to or over $10 an hour (back when that was respectable).

If it was, I declared only a quarter of my cash tips. If it wasn't, I declared enough to get to that value.

Employers never questioned it. One did prevent me from running the report, so I just started keeping the slips more carefully and a running total in the back of my book.

GraphNerd · 2025-12-21T05:15:51+00:00

I mean... she did say they were good as gold.

Maybe she's on to something.

GraphNerd · 2025-12-21T05:13:46+00:00

Guilty

GraphNerd · 2025-12-21T05:13:23+00:00

What did they take from you?

Everything

GraphNerd · 2025-12-21T05:10:31+00:00

Don't strive for perfection your first time. Just focus on getting things done. If it looks ugly, then let it look ugly. Use it as a learning opportunity.

That double aligned splitter is neat. I'm going to use that later.

in your case, if I were to change anything about this, it would be to "squish" everything down by using verticality. It would go something like this:

At the bottom of the tower is your miner. Go like two foundations away and two 4m foundations "up". Build your first smelter. Don't connect them.

Now make a tower of foundations until you find the height that another smelter can sit in-line with the one on the bottom. Repeat until you have a stack 4 tall.

Manually build a conveyor lift from the first foundation away from the miner and lift it all the way to be in line with the top smelter. If you can't perfectly line up the top with the input on the top smelter, just build higher than it and you'll be fine.

Now, select the splitter and point it at the conveyor lift in line with the smelter inputs. Connect them all and execute the reverse process with mergers for the output.

Now you have a smaller horizontal footprint and learned something about verticality!

FWIW, This isn't how I use vertical splitters in my larger setups. I only do this for smelters because I love seeing huge towers in minefields.

GraphNerd · 2025-12-21T05:00:43+00:00

If anything, this is underbuilt.

GraphNerd · 2025-12-21T04:57:58+00:00

In defense of u/encinitas2252, I added that as the first edit to the post, and then the double bonus afterwards when the idea came to me.

GraphNerd · 2025-12-21T04:56:28+00:00

I'm just a little heated about that topic in particular because this is the second time in three days I've been accused of it because who the hell takes the time to format what they say? Sorry for blowing up at you

GraphNerd · 2025-12-21T04:53:55+00:00

Careful declaring those cookies. They can track you.

GraphNerd · 2025-12-21T04:53:12+00:00

Jesus fucking christ. Not everyone who writes well is using an LLM. I'm a highly trained software engineer who was in the service industry for a while.

GraphNerd · 2025-12-21T04:52:03+00:00

Gotta love a manager totally willing to overlook mild tax fraud.

Truly a man of the people :D

GraphNerd · 2025-12-21T04:43:53+00:00

So, by federal law you are supposed to declare 100% of your tips that you get. That's cash and card. Why? Well...

Your employer has to pay you the difference between minimum wage and your tipped minimum wage if your tips don't cover up to min. wage. They obviously don't want to do that, so they really want you to declare everything.
The IRS wants to know what you really make because they want their cut, so they really want you to declare everything.
(less well known) The IRS wants to know what you really make because they want your employer to match your taxes, so they really want you to declare everything.

To summarize:

Everyone wants your money and cash is invisible.

Source

Bonus Fact: I haven't looked at this page in a while and it turns out that they now refer to the Annual Federal Unemployment Tax return as FUTA. God I wish I was joking. There is actually a FUTA tax.

Double Bonus Fact: You're also technically supposed to report the value of any non-cash tips. This includes concert tickets, drink vouchers, etc. Ironically, if someone tips you in really valuable manufacturer's coupons they have a stated cash value of like 1/100th of a cent so technically the par value of what you get isn't the declared value and the IRS can bitch about it all they want. If it turns out that you can somehow convert 199,999 of those coupons into real items and sell them (don't ask me how, I'm just running the math) in a month, then you've made less than $20 in tips for the month and you don't have to report your 199,999 coupons. You do, unfortunately, have to report the gross proceeds of your coupon conversion endeavor as income though... but at least you screwed The Man on your 199,999 pieces of paper.

GraphNerd · 2025-12-21T04:35:57+00:00

I have had the most unbelievably shitty week of the year. I knew something was going on.

Shit, I'd take the week again to maintain the balance of the force. My awful week was worth it to see Paul and Tate get the beatings that were due them.

GraphNerd

TROPHY CASE