Leading Edge of Lethality

This week's "Who Said It" is a dollar figure — and once you find out what it's describing and who said it, the rest of the financial news in this episode is going to land very differently.Tesla and SpaceX are both sliding and Wall Street has a very creative explanation for why that's actually fine — we found a fund manager who wants you to stop paying attention to measurables, and we have some thoughts on that philosophy. Elon also tweeted something during a scrubbed launch that briefly sent the stock up, and we genuinely cannot tell if that's inspiring or terrifying.Ukraine's leadership shakeup this week raised some eyebrows — a popular and highly effective minister is out, protests broke out in Kyiv, and the reason behind the split tells you a lot about the fault lines forming between the old guard and the new way of fighting this war. Ukraine then went ahead and made its feelings known by hitting something in Russia so large and so economically significant that the timing — given a very recent change to the fine print — is almost too perfect.Pete Hegseth has a new military readiness initiative and it involves testosterone. Mandatory testosterone screening, to be precise, with optional treatment for anyone who needs a little help on the "leading edge of lethality." We are a veteran and we have a lot to say about this — including some thoughts on what actual battlefield readiness smells like, and it's not what Pete thinks.The Take Care of America's Veterans Act has a name that sets expectations and a Section 108 that destroys them. Multiple major veterans organizations are furious, a cartoon has been published, and two Republican members responded by trying to investigate the VFW. We walk through exactly what's at stake for the people who actually earned the benefits being negotiated away.And then there was the speech — 25 minutes on the 2020 election, a document dump that turns out to be mostly nothing, evidence of something the legacy media conspicuously forgot to mention, and a Fox News correspondent who interrupted his own recap approximately every nine words for legal reasons. John Solomon's post-speech interview with a reporter is something you need to hear to believe.Got feedback? We want to hear it.