Let's start with a little history, shall we? On this day in 1935, President Franklin D. Roosevelt signs into law the Social Security Act. Press photographers snapped pictures as FDR, flanked by ranking members of Congress, signed into law the historic act, which guaranteed an income for the unemployed and retirees. FDR commended Congress for what he considered to be a “patriotic” act. Also-On this day in 1980, workers in Gdansk, Poland, seize the Lenin Shipyard and demand pay raises and the right to form a union free from communist control. The massive strike also saw the rise to prominence of labor leader Lech Walesa, who would be a key figure in bringing an end to communist rule in Poland.And-It was during their collaboration on 1983’s “Say Say Say” that former Beatle Paul McCartney is said to have advised King of Pop Michael Jackson to invest some of his enormous wealth in music publishing. It was sound financial advice that McCartney may have come to regret giving on this day in 1985, when Michael Jackson purchased the publishing rights to the vast majority of the Beatles’ catalog for $47 million, outbidding McCartney himself. In the years afterward, that catalog—now estimated to be worth in excess of $1 billion—allowed Jackson to remain solvent by serving as collateral for several enormous personal loans that funded his extravagant lifestyle through years of low earnings and legal difficulties. In 2008, however, Jackson gave up his remaining interest in the catalog to Sony, one of his primary creditors. Mixed messages? Tesla's board announced that it has formed a special committee comprised of three independent directors to act on behalf of the company in connection with Elon Musk’s go-private plan. The special committee says it not yet received a formal proposal from Musk, nor has it reached any conclusion as to the advisability or feasibility of such a transaction. Seems that the "special committee" is unaware of what Elon Musk is Tweeting about. Doesn't surprise me. I am not the first to call shenanigans on Mr. Musk. | $TSLA Just a wee bit more on Tesla. Vanguard spokeswoman Carolyn Wegemann declined to comment on Tesla but said by email, “As private companies are not included in indexes, any shares held in an index fund when a company goes private would likely be sold/tendered.” Bitcoin is teetering on the $6,000 mark. It seems like just yesterday the big news was that it broke $8,000. $GBTC Greenlight Capital is out with its SEC filing showing portfolio holdings at the end of Q2. SEC FORM 13F shows what Mr. Einhorn has been up to. But wait just a minute. Check out the disclaimer at the top of FORM 13F- "The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete."That kind of changes the importance of the old 13F. If the reader should not assume that the information is accurate and complete then put any weight behind the 13F? This is the day The Lord has made. Let us rejoice and be glad in it. Nice to see global markets shaking off Turkish currency jitters. Didn't quite understand why the markets were being effected so by Turkish currency. It would seem that Turkish currency has a significantly more profound effect on the markets than Bitcoin. Might Turkish currency take the place of Bitcoin alongside Crude and Gold as a Futures Indicator? Where is Jon Corzine and why is Elon Musk not list MF Global as an "advisor?" Where is Marissa Mayer and has she noticed that Yahoo has not missed her one bit? Have a great day everyone. Stay safe, sage, and sane out there. Excelsior!via @ deercreekvols