Politics

The following is taken from his X feed. I’ve manually unrolled it into a single quote.

I read it; you have too. Sorry for that.

The senator is correct; there is a tradition of collegiality in the courts and in the congress. That is why calling a liar a liar gets you in trouble in the congress. But lying does not.

The answer to his “What if…” is itself a question, “What if you were true to the Constitution?”

Ah yes, the bogeyman argument. “Dark money” is money that Republicans get, the money Democrats ‘s get from foreigners, pensioners donating $20k per year, that’s just “the people supporting Democrats”.

“…favored parties…win victories with astounding regularity?” How about winning because that’s what the Constitution says?

“novel judicial doctrines”? Like, “Obey the Constitution as it was written and amended?” Or maybe you mean all the court cases where the courts rule that firearms aren’t arms under the Second Amendment?

Maybe those amici curiae have always supported the Constitution. The secret funding is generally properly reported and is none of your business.

How do you tell if the plain text of the Second Amendment is implicated? The Brady Bunch writes an amici curiae brief. Or is it the Everytown now?

“But if they are true?” What if it is just you slandering people? What if it is you hiding the fact that your team loses on a level playing field? What if it is just you being stupid?

I don’t believe for one moment that Justice Jackson is looking for patterns or noticing the parties that win, I think her agenda is driving her drivil.

She might be looking at “interests, motives, and connections.” What she is not looking at is the law. What she is not following is the Constitution.

Where was your concern for mischief when the liberals found every liberal cause “constitutional”? The mischief you are referring to is veiled “collegiality” regarding Thomas. The Justice that saw the rules change had it brought to his attention and reported it.

Thomas is easily more moral and honest than you have ever been.

Truth and candor are judicial values. Jackson is a DEI hire, and it shows. There is truth and candor for you.

Ah, Sheldon, put on some clothes. You are neither the emperor nor pleasant to look at.

The far left has used lawfare for decades, and now they are losing that weapon.

I do agree with you; the schemers have much more to fear, and you know it. You are a schemer.

There are people who blame their actions on “The ’tism’.

I had not heard this term until recently. My oldest son is “on the spectrum.” He barely functions, not from emotional out bursts, but because he just isn’t mature enough.

My youngest son is also “on the spectrum”, he is high function, going to collage, doing well. His issues tend to be socal in nature. In other words, he has not had much success in finding new friends.

My youngest is also on the spectrum. She is very high functioning. You would not suspect she is autistic when interacting with her. She is social and she makes friends.

I was born before the great “autism” hunt. I do not have an official diagnosis of autism. There are many indicators that I am autistic.

A side effect of this was I was able to teach some of my coping methods to my children, to help them.

What does this have to do with making friends?

It means it is hard. It takes an effort.

What you might consider to be a friend is unlikely to be a friend in my eyes.

Just because we are co-workers, and we are friendly with each other, does not mean we are friends.

Most people would have no difficulty in ticking off a dozen friends. Maybe even a dozen close friends.

I’ve had 4 true friends in my lifetime. Two of them were good friends. I say “were” because one is dead, and I am out of contact with the other.

Of the other two, one I have not seen since I left high school. The other is in prison because he is a kiddy diddler.

One I thought was a friend decided that anybody who supported the Supreme Court’s Dobbs’ opinion was no longer a friend to her. And later went as far as to say that anybody who voted for Trump was not a friend and could just fuck off.

Ally tells me that there are people attempting to be friends. I can almost see it, but I don’t feel it.

In 2008, Obama was running for office. It is the moment when I felt my country start to fracture. Friends were starting to turn on each other in ways I had not seen before.

I went to speak to a black co-worker. “Who are you voting for?” “Obama”, “Why?” “Because he’s black.”

Anybody who expressed any hesitation or discomfort about voting for a one—term senator from Illinois, who’s most common vote was “Present” was a “racist”.

It was that bad. Since I was working in a deep blue state at the time, I kept my mouth shut. I didn’t care who they were voting for. I wish they had better reasons than “He’s black.” It was their choice.

Oh, it wasn’t just the black co-workers, it was all the lefties.

How did I spot a lefty? Those were the ones openly talking politics, expressing their opinion about anyone who wasn’t voting for Obama.

From that moment on, I have been called racist, for my beliefs, constantly.

Look at Rep. Hunt. Now there is a black man. I like him. Why? Because he echos my beliefs. He stands up for America.

Now compare him to the half white Obama.

Obama’s mother was white, his father was black, he’s brown.

He ran as a black man. So what?

If every single person of color had voted for him and every single white voted against him, he would not have become the President of the United States. A majority of the people of the United States decided that he was a better man to be president than McCain.

For the next 8 years, I wasn’t allowed to say a negative thing about my President. To do so was to “prove I was racist.”

When Hillary ran for President, I suddenly became misogynistic. No change of my positions, just a different candidate by the Democrats.

And every lefty screamed at me that I was a bad person if I didn’t support every belief they held.

There was a TikTok sketch Ally showed to me. A woman says to her Republican friend that she is leaving the GOP.

Her friend responds with, “I’m sorry you feel you need to leave. We’ve been friends all our lives. You will continue to be my friend and are welcome here, anytime.”

The sketch then changes to a woman leaving the Democrat party. “I’m leaving the party. They just don’t match my core beliefs. You’ve been my friend all my life. You will still be my friend.”

The remaining Democrat woman turns to the first and, with a sneer on her face, “I’m not friends with Nazis”

That is what my life felt like during the Obama era. It was worse under Biden.

Our friendships became defined by our beliefs.

Going out in public, I would hear leftists yapping about how anybody who wasn’t like them was horrible, evil people. Nasty labels were everywhere.

I’ve seen “DemocRAT” from time to time. I’m “MAGAot”, a “fascist”, a “racist”, a “white supremest”, and every other nasty label you can think of.

Those people won’t speak with me. They can’t handle being asked for examples. They can’t handle being called on bullshit. They can’t be bothered to verify any of the narrative they spout with no evidence to back them.

I’m sorry for Ally.

She is a good person. We are good people. If you are in need, we will do our best to help you. When a “co-worker” had an emergency, she didn’t ask, “What are your politics? I only help good people.” No, she opened her pantry to them. She did it with no expectation of anything.

When they tried to repay her, she said, “Pay it forward.”

Well, they did pay it forward. Until they had to treat people by what they do instead of what they were told they do.

Make sure you keep your friends close. Make sure they know you are friends.

Stay strapped. Keep your head on a swivel. Don’t be in stupid places at stupid times.

Yesterday’s article was a surprise to me. I started the post with one mindset, and ended in a different place. Occasionally, it helps to talk out your issues.

It started with my statement, Snope should have been GVRed.

Why? Because the Supreme Court has already done a gun ban case. It is a slam dunk, easy case.

Slam dunk, easy cases, don’t make good law. Just like bad facts make bad law, easy cases don’t advance the law.

Every case the Supreme Court takes is important. They intend it to be important. While every case is important to somebody, or to a group, not every case is important to the country or the Court.

Every Second Amendment case is important to me. I want every court at every level to make a good ruling based on the plain text of the Second Amendment and this Nation’s historical tradition of firearms regulation. To do anything less is to flaunt the rule of law and our founding documents.

Too many judges are agenda-driven hacks, black robed wannabe tyrants, operating their rogue inferior court as if they are the supreme authority of this nation.

When an inferior court makes a bad decision, their superior court should step in and set them right.

If every inferior court judge had every bad decision slapped down, there would be many fewer bad decisions. On Monday, the court decided 116 cases.

Of those, three cases were an invitation to the Solicitor General to file a motion on how the US Government stands in the case.

Two were, “You can proceed as a pauper, you must pay to play.” One denial of cert had two dissents written. The rest are denials. Most of which are dealt with by being put in a column titled “Denied”. Nothing more.

If the Supreme Court was capable of dealing with more cases in a meaningful way, then I could see them taking these slam dunk cases.

Unfortunately, the court has painted itself into a corner in what they feel they can say. I can wish all I want that a GVR would say more than “in light of Rahimi“, but a GVR never has more than “do it over obeying this new opinion”. This should be happening with more targeted language.

But they don’t.

Instead, they hear 65 to 70 cases per term. They decide which cases will have the most impact on our country. Which cases will bring common understanding across all the circuits.

They choose. And right now, Roberts is not going to let more than a couple of Second Amendment cases be heard per term.

I agree with Thomas and Alito, the Court should have dealt with Snope in some way other than ignoring it.

Dealing with it now might make a difference in the next few years.

More likely, it would not have accomplished anything. The Court is supposed to set guiding principles. It isn’t supposed to be fixing individual results.

Assume the Court said, “AR-15s are arms under the plain text of the Second Amendment. They are in common use. They cannot be banned.”

What would change in the Ninth Circus court? The First, Second Third, Forth and Seventh Circuit? Nothing.

“The Supreme Court has said that Semi Automatic rifles are arms under the plain text, they are most similar to machine guns which can presumptively be banned.”

Or they require a permit to own an “assault weapon”. It is no longer “banned”. Instead, you are required to register as an assault weapon owner, pay $1000/year per assault weapon.

They didn’t ban those evil assault weapons, they are just making sure that people treat the ownership of such weapons seriously.

We need to see advancement in the Second Amendment.

When Bruen was decided, multiple cases were GVRed. Those cases are making their way back to the Supreme Court. If the Court takes any of them and produces a major opinion, like Heller, or Bruen, then we are on track.

So I’m licking my wounds and preparing to fight for the rights of The People to keep and bear arms.

I was in 2nd grade when I decided I was going to make a table and chairs. I had watched my grandfather make things. It couldn’t be that hard. With my mother and grandparents providing the material, I made a table and chair.

It was a success. Was it sturdy enough for an adult to stand on? No. Regardless, for a 2nd grader, it was very much a success.

As a 4th grader, I watched my father rebuild the engine of our VW Microbus. He used the original “idiot” book to do it.

From my father, I learned how to break concrete, how foundation forms were put in place, how concrete was poured and how to frame in a room. When I say, “I learned”, it means that I had my hands on the tools doing. I had the blisters to show for it.

A few years later, 6th grade or so, I purchased my first motorcycle. When it needed work, I am the one who tore it down and rebuilt it. And then got it back together and running.

That was my success. My father didn’t lay hands on that motor or motorcycle. It was mine, and I was going to do.

Did I mess up? You bet I did. I don’t remember the failures because they were mine. I learned from them. Then I went and tried again. Today, 50 years later, I can still hear the sound of that MX-80 screaming back to life.

My parents let me own my failures, they let me own my successes. They never stole my success nor my failures from me.

Years passed. It didn’t matter what it was, I was willing to try. I was willing to fail. I tried learning how to draw. I spent four months drawing hands. In the end, I decided that I preferred photography.

When my brother and I needed to work on the VWs, we pulled the engines ourselves. We could tear down and rebuild an engine on the side of the road. How do I know we can? Because we did. It was in a gas station parking lot. Bro and I pulled the engine from the VW, tore it down enough to get to the broken, removed and replaced the broken part. Put the whole thing back together and put it back into the bus.

We did it between 1700 and 0200, then we drove another 400 miles the next day to get to my grandparents.

“Can do” isn’t the correct version of our attitude, it was more like, “We’ll make it work.”

Today, children aren’t allowed to fail. Even in simple things. My son made a wonderful meal the other weekend. I was asking him what went into it. We are about done, but still discussing things, when my wife pipes up to tell me a spice that was in the meal.

I knew it was there. I wanted my son to tell me. She stole his success.

I’m lucky, my kids do know how to succeed because they also know about failure.

My second wife refused to try new things. She explained the reason thus:

As a child, her mother would look at what she was going to attempt to do, then her mother would tell her, don’t bother to try, you can’t do that.

How can you succeed if you don’t try? How can you fail if you don’t try?

It is said that Edison said, “We didn’t fail, we just learned another material that doesn’t work as a filament.”

We learn so much more from failure than we do from success.

Consider a class of 20 students. We can fit a bell curve to those students. There will be a mean and standard deviation for those students. From that, we can determine which will get As, Bs, Cs, Ds, and Fs. It is standard statistics.

We do this by using an instrument to measure something about those students. If we have an instrument that gives every student a 100%, we know nothing. That instrument is useless.

We want an instrument in which nobody gets 100%. At the same time, we need to be careful of the outliers on the high end. If you have somebody who gets 100% on a test where everybody else is getting 50% or lower, you can’t design your test/instrument to have the outlier get a 95%

One of the interesting things my mentor taught me about digital cell phone communications is that the protocols strive to match a 90% raw error rate. If the error rate is higher than that, the phone uses more power to get a cleaner signal. If it is better than that, the phone reduces power until it is running at that 90% error rate.

At 90% error rate, the algorithms can repair the damage and give a perfect digital signal.

If we were running at 100%, we would never know when we were using too much power.

We live in a society where the ego of a student is much more important than long-term success. We give out participation awards. We have games where we ‘don’t keep score.’

There is an old joke: A man walks up to a baseball diamond where some kids in a youth league are playing. He asks one of the fathers/couches, “What’s the score?” “We don’t keep score. We play for the joy of the game.” One of the kids yells over from the dugout, “We’re ahead 5 to 3.”

My children know that if they ask for feedback, they will get honest feedback. If they don’t ask, they will get a proud parents’ response. My kid’s friends know the same.

It also means that when I give out a “well done”, it means something. My kids know that their mother will always praise whatever they do, no matter how bad it is.

“Everybody makes mistakes!” is something I’ve had shouted at me.

Yep, that’s true. But not everybody learns from their mistakes. You cannot learn from your mistake if you don’t know you made a mistake. You can learn from your mistakes if you’re not allowed to make mistakes.

I’m learning how to turn wood. I’ve learned not to stand in front of the work when I first apply the cutting tool. Why? Because that damn bowl coming off the spindle at 1300 RPM HURT. I’ve learned a little.

I have seen some people decock the hammer of a firearm with their thumb between the firing pin and the hammer. I thought it was stupid. It is how I do it now. I had the hammer slip one time with a loud bang when the hammer stopped moving. It will not hurt all that much to have the hammer fall on my thumb if it stops a round from going “that-a-way”.

It is easy to see how stealing their successes can be bad. Stealing their failures is worse.

This Representative is talking out of both sides of her mouth.

According to her, “they” went into the Delaney Hall premises, guided by the guards.

She claims that she has oversight authority to be there.

Let me see, what happens when you enter a federal property, look around, take pictures and selfies, then walk back out, thanking the cops on duty?

If I remember correctly, you get tossed in jail without bail to wait till a judge decides to hear your case. You are given an option to confess or to be returned to your cell.

The rest of the story is that the Mayor of Newark was arrested. He does not have any “oversight” authority.

The democrat representatives were there for a camera opportunity. Not oversight. I do not know if they even sit on a committee that oversees this facility.

So the good news, is these stunts are getting these showboating politicians arrested.

There is a battle of procedure that takes place in our courts. That is getting to a final result.

If the Supreme Court were to rule in favor of Trump in December 2028, it would not matter that he won. We would have lost.

That would be four years of waiting for a final result.

We watched and are watching this play out in the Second Amendment community. Duncan v. Bonta has been around for almost a decade at this point. It has been through the district court twice, the Ninth Circuit court multiple times, and the Supreme Court at least once.

The case has won at the District and Supreme Court, yet the relief sought by the plaintiff is still out of reach. In March 2025, the Ninth Circuit decided to twist the words of the Supreme Court to find that magazines are not arms and are not protected by the Second Amendment.

The State of California doesn’t care how long this case takes or how much money it costs to litigate. The district court enjoined the law back in 2017-2018. The Ninth stayed the injunction. That stay has remained in effect even now as the case has been remanded to the district court, ordering the district court to rule for the state.

As long as the status of the case leans towards the infringers, they are happy to delay.

To show how real this is, a district judge in New York issued a TRO enjoining the SAFE act (Bruen tantrum law). The state had that appealed within hours, even though a TRO is not appealable. The Second Circuit Stayed the injunction.

It took over a year before the Second Circuit finally ruled against The People and The Constitution, sending it back to the District Court for more litigation before the case can start up the chain to the Supreme Court, again.

Because that stay is in place, most of New York state is a gun free zone.

The left is using the same methods to stop the Trump administration. They do not care if they win or if they lose, as long as it doesn’t happen now.

They go court shopping until they find a court willing to issue a universal injunction, stopping the Article II executive branch.

Once the injunction is in place, they start slow walking things.

The Circuit courts are just as rogue in these locations as the District Courts. They are using the interlocutory state to excuse not staying the injunctions. “Just let it play out in court.”

The leftest Justices on the Supreme Court echo those words, “just let it work its way here through the normal process. There is no reason to rush this.”

This go around, the Trump administration has been ready and has been moving hard and fast. Multiple cases have made it to the Supreme Court, and the Supreme Court has issued opinions favorable to the Trump administration each time.

How are they favorable? In most of the cases, the Justices have ruled to allow the Trump administration to continue as they had intended, while the case works its way through the courts.

This means that the left is on the wrong side of that snail. They are the ones attempting to get the cases through as fast as they can. And it isn’t working for them.

In the few cases where the Justices have not issued a stay, they have chastised the lower courts or scheduled oral hearings quickly.

The case at hand.

A group of people suffering from gender dysphoria have been given medical release from the military. They sued in federal district court, asking for an injunction, which was granted.

This means that the military does not have the power to determine which service members are medical disqualified from serving.

The Supreme Court issued a stay against that injunction for the duration. The stay will remain in effect until the Supreme Court denies cert OR issues a final opinion.

We are winning, the courts are moving at breakneck speed, and it keeps looking good.

The other thing which is happening, is that the lanuguage of the Court is changing, they are getting less and less polite and more and more pointed in their correcting of the inferior courts.

Situational morals at work again.

It is being reported, and I haven’t heard anybody deny it, that two or more U.S. Citizens under 10 were “deported”.

Well, they weren’t actually deported, their mother(s) were deported. Their father may or may not have been deported as well.

This is what happens when an illegal alien is detained, they are given due process to challenge the removal before an immigration judge. If that judge finds that you are in the country illegally, they will sign a removal order.

The illegal alien can appeal that to a higher immigration judge. If they agree, the removal order remains. They can then appeal outside the immigration court system, I don’t know how that works.

These mothers had that due process, there were removal orders issued against them.

Those mothers then had to make a very difficult decision, leave the children who were born in the US here in the US or take them with them.

In one case, the child had a serious medical condition.

In these cases, the mothers opted to take their children with them. Those children remain U.S. Citizens, they can return to the United States at any time. Hopefully, they haven’t become MS13 or TDA members before they do return.

This is what Trump wanted, according to the dog whistle people. He wants to deport people he doesn’t like. He wants to deport U.S. Citizens who he declares are enemies of the state. This is proof.

In other news, an illegal alien mother was deported, choosing to leave her US Citizen children behind. Isn’t it horrible how Trump is choosing to seperate families?

The Fort is getting ready for the 2025 season. Allyson is up there for the woman’s weekend. She is incredibly excited.

Why?

Because this will be the first event she has gone to in years when she isn’t presenting/teaching. Her goal? To learn how to make a pie crust.

Like many events, there is an unload time. You are allowed to drive on site to unload your gear, and then you are to get your vehicle off site as soon as you can.

It felt like coming home. We stopped to talk to boss lady, then drove around to the Fort to unload. Bill saw us drive up and waved us inside.

It felt good to be recognized, to be welcomed.

There was “man bonding”, Bill was on his way to fix something, he had a crowbar in hand and made a pretend swing at the windshield. It felt welcoming. As I said, a coming home.

Allyson and I got out of the truck. She started unloading for her stay, I went to help Bill.

We worked as a team. I got to drive the idiot stick for a bit. We were able to move a large, heavy, ramp out of the way, clear up the damage a woodchuck had done, and get an aluminum ramp in place for the weekend.

It was good. It made me happy. The Fort is a home away from home.

The one thing that struck me as humorous was that we were going to use some 2x4s. They needed to be cut to size. Bill was in the jointery first. When I got there, I was expecting him to be using one of the handsaws.

Nope, he had a circular saw, making quick work of the task.

NPCs get new talking points

In the past 20 years of watching congress critters make huge amounts of money with some of the luckiest stock moves, it is refreshing to have some of them talking about limiting insider trading.

And all the normal NPCs are all yapping about wanting to pass a bill to stop themselves from trading individual stocks.

The bill, as pitched by the NPCs, is unlikely to actually accomplish anything, still it makes me smile to see them doing this because they are virtue signaling.

Just a short follow up. In one day the portfolio I am following recovered about 530%.

That is to say, the reported loss over the last 6 days has gone from 3.58% yesterday to 0.19% today.

Just stay the course and things will get better.

If you are invested in the market, don’t panic. As CBMTTek pointed out, February 2024 the S&P 500 was doing just fine, at the same level. The media wasn’t screaming about the economy tanking.

He’s correct. The amount of panic the media projects is tempered by which party is in control.

A 0.001% drop in the market when Trump does something is cause to panic, which causes the sheep to sell, causing the market to drop. A 1.000% drop in the market when a Dem is in office creates a cricket like ambiance. And saying anything makes you a conspiracy theorist.

Trump has put multiple tariffs into place. These tariffs cause changes in supply chains and in the costs to produce certain goods.

Every product produced requires raw goods, tooling, work space, and skills to create.

Consider a simple BLT. The raw goods are bacon, bacon, bacon, lettuce, tomato, bread, mayo. Having all of those raw goods does not a BLT make.

You have to have the correct tooling. The tooling here is a way of cooking the bacon, such as a grill top, cutting tomatoes, cutting bread, spreading the mayo.

Once the sandwich is produced, it has to be packaged for delivery. That requires still more raw goods.

When you sell that sandwich, you include the cost of the raw materials that go into it, you include the cost of the packaging, you include the cost of the tools, the building you used, and you include the cost of labor. You then need to include the cost the government imposes on you.

The cost of your raw goods includes the price you pay for the goods, the cost the government imposes on those goods, such as tariffs and VAT, and the cost of transporting the raw goods to your location.

Once you have all those costs, you add profit to come up with the price you will charge your customers.

Now, let’s change the product, instead of creating a sandwich, you are creating a gear. Your raw goods are iron and pattern making materials. You will use your tools to convert pattern making materials into patterns. You will then use those patterns to cast gear blanks. You will then turn those gear blanks into finished gears by applying different tools.

You have converted raw materials, with knowledge, skill and labor, into a finished product, a gear.

That gear is sold at a price which is profitable to you. That gear is likely a raw material for some other business.

Tariffs add to the cost of anything imported into a country that imposes imports. Imports are decided on the origin country or the country of manufacture.

Consider a car that is manufactured in Detroit. If that car includes raw materials that are imported from other countries, those materials that have tariffs applied will cost more.

There are no “complexities” to this. The “PANIC!” people want you to think there are, that’s not true. Every business keeps track of the cost of raw materials. If they don’t know the costs, they can’t set prices. It doesn’t matter if Ford, Canada produces the part or Ford, Flynt creates the part. There is a cost that is paid to have that part in the Ford, Detroit plant to put into a new car.

In a well-functioning business, they are always looking at the cost of raw materials. The cost of raw materials includes the cost of taxes (tariffs) and transportation.

It also includes the cost of bad materials. If you are paying a $1.00 for a widget and there is a 10% failure rate, that means you are paying $1.10 for each working part. If somebody else has the same widget with a cost (price + extra costs) of $1.05 and a failure rate of 0.1% that means they are only scrapping 1 in 1000 widgets.

In this case, it is actually cheaper to buy the “more expensive” widget.

Included in the cost calculations are longer-term issues. If the ball bearings you purchase are not properly heat treated, and you assemble them into a high-precision roller bearing which then fails in a million dollar engine, there is a heck of a lot more costs involved.

We know that people will change their purchasing habits when the cost of needed goods goes up. We saw this when Americans switched from steak to ground beef as their primary meat. Look at the CPI for food, you’ll see that in the past it had steak on it, today it has ground beef.

Because the cost of goods goes up, people will look for better prices. If that search leads to a local business, so much the better.

Unfortunately, local business might not be set up to cope with a large influx of new business. This leads to shortages.

In a market-driven economy, this leads to people consumers offering more or producers charging more. This is called a “signal”.

Because this signal exists, asking for more of that product, producers will attempt to create more product. This could be as simple as turning on an extra machine or as complex as standing up an entirely new production plant.

When this is going on, “the market” will respond. The market responds by buying or selling ownership in different companies. If a company that used to clear $2,000,000 per year is now projected to clear $4,000,000 per year is likely to attract buyers. A company that is seeing their income drop is likely to attract sellers.

This causes market fluctuations.

Over the course of yesterday, the portfolio that I follow was up as much as 1% yet closed down 0.82% Since Trump announced the tariffs, the portfolio has lost 3.53%

On $100,000 that’s a $3,530 loss.

And it is meaningless. That portfolio will go up again.

The people who are screaming the loudest are the people with millions in the stock market. If that are looking at a $10,000,000 portfolio, a 3.53% drop is $353,000 “loss”. That is more than a 1/4 million dollars in just a few days.

But it only becomes a loss if they sell now. If they hold on to those securities and the price recovers or goes up, then they will “make money”. But again, that is only true if they actually sell the security to realize the profits they made.

There is no reason to panic. The sky is not falling. If anything, this might be a good time to look at putting money into the market. The trick is to buy when near the bottom of the sell-off.

The only reason I know this, is I did some research this last week. I am NOT the person you want to take financial advise from.