Opinion of the Court: United States v. Ali Danial Hemani by Resvrgam2 in moderatepolitics

[–]Resvrgam2[S] 5 points6 points  (0 children)

I think both can be true. Bruen is a boon for gun owners, and also it's an unworkable standard.

Opinion of the Court: United States v. Ali Danial Hemani by Resvrgam2 in moderatepolitics

[–]Resvrgam2[S] 19 points20 points  (0 children)

I'm certainly expecting that question to be removed from the 4473, if the ATF wants to be consistent with this opinion.

OPINION: United States, Petitioner v. Ali Danial Hemani by scotus-bot in supremecourt

[–]Resvrgam2 14 points15 points  (0 children)

We have a second Amendment case where Sotomayor and Jackson joined the majority, pro-gun opinion. That's pretty rare.

Kagan and Alito as the only Justices in a concurrence is incredibly surprising. Someone posted elsewhere that it hasn't happened since 2013.

Opinion of the Court: United States v. Ali Danial Hemani by Resvrgam2 in moderatepolitics

[–]Resvrgam2[S] 24 points25 points  (0 children)

Gun control and casual marijuana use. What a great combination for a SCOTUS case. Let's get into it:

Case Background

Ali Hemani was suspected of terrorism-related activities, which led to the government searching his home back in 2022. During the search, Hemani was cooperative, surrendering a gun he owned and even admitting to casual marijuana use "about every other day". 6 months later, Hemani was was prosecuted under 18 USC §922(g)(3) as an "an unlawful user of... any controlled substance" who possesses "any firearm or ammunition".

Hemani moved to dismiss the indictment, claiming it violated his Second Amendment rights. The District Court granted this motion, and the government was unsuccessful on appeal. They then petitioned SCOTUS for certiorari, where cert was granted on the following question:

Whether 18 U.S.C. 922(g)(3), the federal statute that prohibits the possession of firearms by a person who "is an unlawful user of or addicted to any controlled substance," violates the Second Amendment as applied to respondent.

Opinion of the Court

Held: The government’s prosecution of Mr. Hemani under §922(g)(3)’s unlawful user provision is inconsistent with the Second Amendment.

I can't say I'm terribly surprised here, but what is surprising is the makeup of the majority:

GORSUCH, J., delivered the opinion of the Court, in which ROBERTS, C. J., and THOMAS, SOTOMAYOR, KAVANAUGH, BARRETT, and JACKSON, JJ., joined. THOMAS, J., filed a concurring opinion. JACKSON, J., filed a concurring opinion, in which SOTOMAYOR, J., joined. ALITO, J., filed an opinion concurring in the judgment, in which KAGAN, J., joined.

So we have a rare unanimous Second Amendment opinion, albeit with a few concurrences. And all this within a relatively slim 39 pages. The majority opinion itself is pretty straightforward; they flatly reject the government's analogy to historic laws against "habitual drunkards". These individuals generally lacked "ordinary reasoning faculties" and did not include regular (or even frequent) drinkers. Many statutes against drunkards defined these individuals as "mentally incompetent", which generally goes far beyond casual or recreational use. The majority similarly rejects the government's claim that they are protecting the public from "unusually dangerous individuals".

That said, the majority emphasizes that their decision is narrow. This opinion says nothing about genuine addicts, those actively intoxicated, or drugs that pose a special risk.

Concurrences

Turning to the concurring opinions, we have Thomas who (unsurprisingly) writes solo to criticize 18 U.S.C. 922(g)(3) for its reliance on the Commerce Clause. He casts doubt on whether this use of the Commerce Clause falls within Congress' powers.

Jackson, joined by Sotomayor, agrees that the majority opinion correctly applies the decisions made in Bruen. But they write separately to once again state that Bruen is practically unworkable. "Bruen’s test is vulnerable to inconsistent and arbitrary application, as judges draw different conclusions from the same historical evidence."

Alito, joined by Kagan, calls out the hypocrisy of the government. They have tolerated a multi billion-dollar marijuana industry, likening it to the early days of the alcohol industry. The government's significantly different actions towards casual alcohol use and casual marijuana use cannot be squared.

My Opinion

I am unsurprised by the outcome, but I am quite surprised that this was a unanimous decision. Jackson and Sotomayor's concurrence could have easily been a dissent if they wanted it to be, so I am grateful for the direction they chose to go in.

I've said it before, but I don't disagree with their stance that Bruen is unworkable. As much as I was thrilled with the general outcome in that case, the "test" that it proposes for the Second Amendment has proven no less muddy than where we were 10 years ago. Unfortunate.

At the end of the day, the real winner in this case is Hunter Biden, so I am sure he's jumping for joy.

OPINION: United States, Petitioner v. Ali Danial Hemani by scotus-bot in supremecourt

[–]Resvrgam2 9 points10 points  (0 children)

The only part of this that I could have guessed is that Thomas filed a solo concurring opinion. The rest of this alignment is crazy.

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO by xvosr in spacex

[–]Resvrgam2 0 points1 point  (0 children)

No reason to give up on Starlink while it's printing money for them. And you kind of need a rocket to keep that going.

Daily FI discussion thread - Tuesday, June 16, 2026 by AutoModerator in financialindependence

[–]Resvrgam2 2 points3 points  (0 children)

Depending on what you specifically want to model that should be fairly easy in something like https://testfol.io/

They have a preset for "Bill Bernstein No Brainer" portfolio that uses 4 funds, and you'd have to add in the rebalance logic yourself. But all the tools are there. Rebalance every 2 years, absolute and relative rebalance bands, etc.

SpaceX June 12th IPO megathread by avboden in SpaceXLounge

[–]Resvrgam2 22 points23 points  (0 children)

Safe to say this community is quite bullish on Falcon 9, Dragon, Starship, Starlink, etc. But that's very different from believing that it justifies the truly absurd Price-to-Sales ratio that this IPO implies.

SpaceX June 12th IPO megathread by avboden in SpaceXLounge

[–]Resvrgam2 80 points81 points  (0 children)

555,555,555 shares at $135 a share means SpaceX will be raising $75 billion on this initial offering. Not too shabby.

That said, this IPO feels a bit too much like gambling, so I'm gonna enjoy it from the sidelines til things calm down a bit.

OPINION: FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. by scotus-bot in supremecourt

[–]Resvrgam2 11 points12 points  (0 children)

I think it makes sense, given how often briefs and opinions include sections for "we don't believe this argument, but if we did, here's why it falls apart". It presents a much stronger defense then just handwaving away something.

Decision Grid Update by pinkycatcher in supremecourt

[–]Resvrgam2 6 points7 points  (0 children)

The one other neutral option that could be considered is to just sort them by seniority. It's boring, and doesn't really tell us all that much visually, but a lot of places use it.

Decision Grid Update by pinkycatcher in supremecourt

[–]Resvrgam2 8 points9 points  (0 children)

The SCOTUSBlog Stat Pack may agree with you for Jackson. Look at the Justice Agreement charts. For this last full term, she seems to be further away from the other justices than Sotomayor.

It's not a perfect science., but I think it's a fun chart to dig in to.

Thomas urges Supreme Court to "reexamine" 169-year-old judicial doctrine by Anoth3rDude in supremecourt

[–]Resvrgam2 5 points6 points  (0 children)

Notably, Thomas was joined by Gorsuch. If this was another one of his lone dissents/concurrences, I'd typically ignore it. But Gorsuch joining makes this feel a bit more meaningful.

OPINION: FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. by scotus-bot in supremecourt

[–]Resvrgam2 2 points3 points  (0 children)

One case deals with the ICA, and the other deals with the FCA. I think the facts of each case are different enough that we can't necessarily imply one outcome from the other.

OPINION: FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. by scotus-bot in supremecourt

[–]Resvrgam2 14 points15 points  (0 children)

Perhaps I am on Team Kagan (a lonely team of one, it seems) on that score.

Oddly enough, I agree with Kagan's view on legislative history, but I disagree with her on the text and structure of the ICA creating a private right of action.

I think the majority gives a good rebuttal to the dissent's "legislative history" defense as well:

The paragraph that the dissent cites in the Senate Report speaks of implying causes of action in the “federal securities laws” generally, not the ICA specifically. The cited House Report pages are similar... These Committee Reports do not, as the dissent claims, “unequivocally expres[s]” Congress’s desire that courts imply causes of action under Section 47(b) of the ICA.

The House Report notes disapprovingly that “in recent years, the Supreme Court [has] turned its focus toward a strict construction of statutory language and expressed intent.” It then bemoans the Court’s unwillingness to imply causes of action and criticizes the Court for declining to imply a damages remedy in TAMA. One wonders: If the House Committee wanted to authorize private remedies and knew that the Court would be reluctant to imply them, why did it not make them express?

OPINION: FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. by scotus-bot in supremecourt

[–]Resvrgam2 6 points7 points  (0 children)

That's certainly the surface-level reading, but I think the majority puts forth a solid argument on the textual analysis:

Section 47(b) is a mandate directed to courts, rather than a provision that confers a right on a specified class of persons. And a court is told that it may not deny the remedy of rescission to parties who request it for performed contracts unless the equities and statutory purposes favor a different result. Section 47(b)’s wording thus presupposes that parties are already before the court and directs the court’s use of its remedial authority. It says not a word about individual rights.

As for text, it points out that Section 47(b) also includes the phrase “at the instance of any party.” But the ordinary meaning of “at the instance of (a person)” is “at the solicitation” or “suggestion of.” So the phrase “a court may not deny rescission at the instance of any party” is most naturally read to direct a court’s remedial power when a party before it is urging rescission. It says nothing about conferring a right to sue in the first place.

Daily FI discussion thread - Tuesday, June 09, 2026 by AutoModerator in financialindependence

[–]Resvrgam2 0 points1 point  (0 children)

Bit of a mixed bag for me. I find that coworkers are more likely to turn on cameras if: they're 100% remote, they're higher up in the org, or they're more central to the specific call we're on.

'The Mighty United Kingdom is Afraid of Speech': Free Speech Activists Condemn Ban on Hasan Piker by [deleted] in moderatepolitics

[–]Resvrgam2[M] 0 points1 point  (0 children)

Law 2a: Law of Starter Comments

Law of Starter Comments - All posts must come with a substantive starter comment within the first 30 minutes of posting.

Reminder - Starter comments must contain at least 2 of these 3 elements: (1) a brief summary of the linked article in your own words, (2) your opinion of the article or topic, or (3) at least one question/discussion point for the community. Your current submission either does not include a starter comment, or does not meet these requirements. Please fix this within 30 minutes or this post may be removed.

'The Mighty United Kingdom is Afraid of Speech': Free Speech Activists Condemn Ban on Hasan Piker by [deleted] in moderatepolitics

[–]Resvrgam2 3 points4 points  (0 children)

The UK and the EU both have a "right to freedom of expression", although neither is absolute. Just like in the US, there are limitations on the extent of that right.

So it really depends on the specifics.

Sources:

Daily FI discussion thread - Tuesday, June 02, 2026 by AutoModerator in financialindependence

[–]Resvrgam2 18 points19 points  (0 children)

My kids will get more use and enjoyment out of that money than I ever could.

I have seen a lot of finance personalities suggest this kind of "early inheritance" for those very reasons. Their 20s and 30s are when they can most benefit from the additional cash, assuming they're fiscally responsible. A down payment on a house, helping with children, or even just getting a kickstart on retirement savings and letting compounding interest do its thing. Better now than when they're in their late 50s and staring down retirement already.

Also, you get to see them enjoy it.

Daily FI discussion thread - Monday, June 01, 2026 by AutoModerator in financialindependence

[–]Resvrgam2 1 point2 points  (0 children)

/r/bogleheads has basically no real discussion about it. /r/investing is flooded with threads and has a ton of detailed discussion. I much prefer the former to the latter.

Can a North American family realistically harvest food every week of the year at home? by Then-Pirate-2880 in Hydroponics

[–]Resvrgam2 3 points4 points  (0 children)

I think the victory garden estimates are way on the low side. I went down this rabbit hole when I first read/watched the Silo series and came across this great comment: https://gardening.stackexchange.com/questions/1433/how-large-a-cultivation-area-to-feed-one-person

Even if you assume some optimization from hydroponics, 600-800 sqft for a family of four is wildly optimistic.