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148 votes

Could Elon Musk sell $US6 billion in stock “right now”?

The current trading volume of Tesla stock is at an average of 20M shares per day. At the current stock price, that's a volume of around $24B per day. However trading volumes fluctuate and today a ...
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  • 9,139
127 votes
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Is this pie graph describing US government spending accurate?

The graphic is the FY2014 requested discretionary spending, which is only a small part of the total budget as explained in the article President Obama Proposes 2014 Budget. This article specifically ...
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  • 96.4k
103 votes
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Do doctors "get more money if somebody dies from Covid”?

Can anyone explain what trump is claiming here ... What Trump was claiming is something that has been claimed multiple times since the onset of the novel coronavirus pandemic: That doctors and ...
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  • 11.2k
70 votes

Is this pie graph describing US government spending accurate?

First off, Republicans don't actually blame the government deficit on SNAP (food stamps.) That aside, no, the representation of U.S. government expenditures in the pie chart in question is not even ...
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  • 4,090
69 votes
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Would Trump be worth more if he simply invested in mutual funds?

Follow the citations TL;DR: Politifact ruled the claim False. Politifact found that Deborah Friedell was quoting Michael Antonio (who wrote Never Enough: Donald Trump and the Pursuit of Success) ...
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  • 10.1k
66 votes

Is this pie graph describing US government spending accurate?

Politifact has determined it to be false, noting that this chart shows only discretionary spending: If we look at all of federal spending, the picture changes: The "military" share, ...
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49 votes
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What makes up $17,500 cost to outfit a U.S. Soldier mentioned in War Dogs?

This graphic appears to be close to the source and lists items but not individual costs. I was able to find a breakdown from 2002 Here’s the breakdown: helmet, $322; uniform, $67.65; body armor, $1,...
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  • 9,396
38 votes

Have any financial traders gotten a large shipment of a commodity sent to themselves by mistake?

There are many exchanges and many different kinds of commodities. Most, but not all commodities require that the physical delivery be made to one of the designated warehouses or depositories. For ...
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26 votes

Do doctors "get more money if somebody dies from Covid”?

Conflation. And oversimplification. But not completely untrue. Exact phrase is unfortunate and could be treated as 'no evidence for that'. "Doctors" paid directly for "cause of death ...
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26 votes

Have any financial traders gotten a large shipment of a commodity sent to themselves by mistake?

Probably not in recent times, and almost certainly not perishable goods (pork bellies etc.) There's a pretty long thread on money SE, from which I'll just extract this bit on CME [Chicago Mercantile ...
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  • 49.3k
20 votes

What makes up $17,500 cost to outfit a U.S. Soldier mentioned in War Dogs?

The big complication here is that an individual soldier might have have a lot of equipment allocated to them which isn't necessarily in their possession or immediately available to them at any one ...
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19 votes
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Did the U.S. sign a treaty with another government about the legality of a single coin?

I believe the specific coin the article is referring to is the Egyptian Gold Double Eagle. I believe the treaty your article refers to might possibly be one we had with Egypt during the 1940's (...
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16 votes
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Were Abraham Lincoln and John F. Kennedy the only two presidents who ever attempted to end the Federal Reserve Banking Cartel?

No, assuming you mean Central Bank rather than specifically Federal Reserve. Lincoln and JFK actually had very little in the way of removing or even reducing the power of a Central Banking System. ...
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  • 2,112
13 votes

Does Apple have more cash reserves than the U.S. government?

I'm afraid the US government and AAPL are very different things. Apple does not have its own currency, nor powers to raise taxes, so its capacity to effect change on its environment is largely ...
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  • 233
11 votes

Is Sesame Street at risk of losing funding with Trump's new budget proposal?

Yes, Sesame Street does stand to lose some federal funding. However, it's important to realize that The Sesame Workshop (the Sesame Street rights holder) receives 31% of its funding (about $26 ...
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9 votes

Have any financial traders gotten a large shipment of a commodity sent to themselves by mistake?

The more I look into this question, the more reasons I find to think it is unlikely. I cannot find any evidence that any futures contract has ever obligated the buyer to take physical ownership of the ...
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  • 7,049
8 votes

Can credit cards be cloned remotely with an RFID reader?

Without getting too deep into the technology behind credit cards with RFID (which you can find here if you're interested), yes, it is possible to copy the data that credit cards broadcast, but it is ...
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7 votes

Are fifth freedom flights more often discounted than regular flights?

This statement may have been true before the rise of low-cost carriers, and indeed, in the 2000s I occasionally caught cheap fifth-freedom fares like SIN-HKG on United or KUL-CGK on KLM that were ...
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  • 1,333
7 votes
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Did US Govt profit from the 2008 financial crash bailouts?

No, the U.S. taxpayers lost about half a trillion dollars on the bailout. This 2019 Annual Review of Financial Economics paper, prepared by Prof. Deborah Lucas from MIT's Sloan School of Business, ...
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3 votes
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Did any U.S. president try to set up an interest free monetary system in the past?

Did either President Lincoln, Jackson or Kennedy tried to set up any interest free monetary system? Lincoln established interest-free currency (greenbacks): In July 1861, Congress authorized $...
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  • 96.4k
2 votes

Will Australian unions be getting $AU22m per year from superannuation funds?

No the $22m figure is not true, for several reasons. And whatever the figure is, it would be entirely normal practice. The simplest and most obvious reason is that the extrapolation in the article is ...
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  • 54.2k
2 votes

Will Australian unions be getting $AU22m per year from superannuation funds?

No, the article does NOT say that unions "will" be getting $22M as a fact. Quoting from the main article blurb (whatever you call those large-font quotes in middle of the article that are ...
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  • 31.1k
1 vote

Did any U.S. president try to set up an interest free monetary system in the past?

Re "set up any interest free monetary system?" This could use some semantic clarification. The current monetary system is interest-free in that the Federal Reserve Notes you have in your pocket do ...
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