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The American Autonomous Oblast

Portfolio Armor's Photo
by Portfolio Armor
Saturday, May 13, 2023 - 13:37
A woman dancing in front of St. Basil's Cathedral in Moscow.
Arthur Abdurashitov/Pexels

An American Autonomous Oblast

In a comment on Steve Sailer's blog last month, I suggested that if Russia wanted a propaganda victory against the current U.S. establishment, it would carve out a piece of land for the Americans the establishment has been trying to replace: 

They have an enormous amount of land and natural resources, and one of the world’s largest nuclear power plant companies in Rosatom. Almost 90 years ago, they established a Jewish Autonomous Oblast in their far east. Why not establish an American Autonomous Oblast somewhere?

They could give it an arrangement similar to what Italy gives South Tyrol, the former Austrian province it was given as a war prize after WWI, where South Tyrol kicks about 10% of its tax revenue to the federal government and keeps the rest and pretty much runs its own affairs and maintains its own culture.

They could offer to build nuclear powerplants there for inexpensive electricity, and let Americans design and build their own city nearby. Maybe the American Autonomous Oblast could be built around an auto industry, building modernized versions of iconic mid-century American cars.

It wouldn’t have to be big or attract a large number of Americans to embarrass America, if it were clean, safe, and prosperous, and welcoming of the legacy Americans current-year America wants to replace. For every statue taken down in America, they could build a bigger version in the American Autonomous Oblast.

This week, Russia's RIA Novosti news service reported that Russia is taking a small step in this direction, building a village outside of Moscow for Americans and Canadians who feel alienated by their countries' current wokeness. Via machine translation (emphasis mine): 

S.-PETERBURG, May 11 - RIA Novosti. A village will be built in the suburbs for Americans and Canadians who want to immigrate to Russia, Timur Beslangurov, a partner in assisting in obtaining Russian documents of the VISTA Immigration law firm, said.

"In the Moscow Region in 2024 they will begin the construction of a village for Americans and Canadians who want to move. About 200 families want to emigrate for ideological reasons, "said a lawyer at the St. Petersburg International Law Forum ( PMUF ).

According to him, although the project is financed by future immigrants, the coordination of the regional government was required.

According to Beslangurov, tens of thousands of people – foreigners without Russian roots would like to move to Russia.

"The reason is the instilling of radical values: today they have 70 sexes, it is not known what will happen next. Many normal people emigrate, including considering Russia, but face enormous bureaucratic problems of Russian migration legislation, "the lawyer explained.

According to him, among those wishing to move there are, among them, traditional Catholics who "very strongly believe in the prophecy that Russia will remain the only Christian country in the world".

Maybe They Should Offer Asylum To Daniel Penny

If the Russians wanted to take this to the next level, they could offer asylum to New York subway hero Daniel Penny, who's now facing manslaughter charges for defending his fellow passengers against a repeat violent felon who was menacing them. Presumably, Penny had to forfeit his passport when he surrendered in New York yesterday, but there are ways to travel without one. 

Daniel Penny under arrest.
Daniel Penny under arrest.

Speaking of Penny, one small bit of good news: the campaign for his legal defense had raised nearly $800,000 as of early Saturday morning. Thank you to all of you who donated. 

Let's wrap up with a quick look at our trade exits this week. 

Trades We Exited This Week

These are the trades I exited this week:

Stocks or Exchange Traded Products

None.

Options Trades

  1. Put spread on Fisker, Inc. ( FSR 0.83%↑ ). Entered at a net debit of $0.48 and exited at a net credit of $0.54, as noted hereProfit: 12.5%.

  2. Call spread on Affirm, Inc. ( AFRM -4.09%↓ ). Entered at net debit of $0.44 and exited at a net credit of $0.50, as noted hereProfit: 13.6%.

  3. Higher call spread on Affirm, Inc. ( AFRM -4.09%↓ ). Entered for a net debit of $0.48; exited for a net credit of $0.53 as noted hereProfit: 9.4%.

  4. Put spread on Fulton Financial ( FULT 1.12%↑ ) Entered at a net debit of $0.28 and exited half of the position for a net credit of $0.75 as noted hereProfit: 168%.

  5. Call spread on Unity, Inc. ( U -8.06%↓ ). Entered at a net debit of $0.41 and exited at a net credit of $0.85, as noted hereProfit: 107%.

  6. Call spread on Light & Wonder, Inc. ( LNW 1.23%↑ ). Entered at a net debit of $1.35 and exited at a net credit of $2, as noted hereProfit: 48%

I went into the Fulton Financial (regional bank) trade in more detail at the bottom of my previous post (Race, Crime, and the 2024 Election). 

I’m in the red on four earnings trades from this week that don’t expire until next Friday, so I’m holding them to try to exit at better prices next week. In any case, they’ll all appear in next week’s exits post.

If you want a heads up when I post my next trade, feel free to sign up for our trading Substack/occasional email list below. 

 

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