Views & opinions are my own. Retweets ≠ endorsement.
Gulf of America
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Pedro retweeted
👀 STAY TUNED!
My thanks go to everyone who put so much effort into the CLARITY Act— across the Administration, Congress, investors, and innovators. Our collective conviction that America must continue to lead is indispensable.
I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty for American investors and for the entrepreneurs shaping our technological future.
Stay tuned.
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The Viking Mississippi made a brief stop in Dubuque this morning and will continue north to LaCrosse this afternoon. Our guests and crew are enjoying the beautiful weather as we make our way upriver toward St. Paul.
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Declaration of Memes
Fuck @TelemundoSports commentators for trying to justify @afa cheating ass calls similar to this one for Norway.
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Pedro retweeted
In Germany, a talented 14-year-old earns his club money. In America, his parents pay the club $15,000 a year.
That single inversion explains why "we will not" is the most accurate line ever written about US soccer.
FIFA built a global system for this. Training compensation and solidarity payments send a cut of every transfer fee back to the clubs that developed the player, from age 12 onward. Develop one future pro and your academy gets paid for a decade. Barcelona's La Masia, Ajax, every Bundesliga academy runs on this logic. The kid is the asset.
US Soccer refuses to enforce those rules. When Seattle's Crossfire Premier claimed its $60,000 share of DeAndre Yedlin's transfer to Tottenham, it got nothing. Claims on the Dempsey and Bradley transfers died partly because the federation couldn't even produce the youth training records.
So American clubs earn zero dollars when a kid turns pro. They earn when a kid enrolls. Which makes the parent the customer, and the product is whatever keeps the parent writing checks: travel tournaments, hotel weekends, $500 showcase events, private training at $100 an hour. Elite pathways run $8,000 to $20,000 a year. A comparable academy spot in Italy costs about 120 euros.
Follow the incentive one level deeper and it gets darker. A club dependent on fees can't cut its weakest paying players, so rosters optimize for retention over development. The scouting pool shrinks to families who can afford the cliff, which appears around age 11, exactly when development matters most. The country runs a talent filter sorted by household income instead of ability.
Every four years someone proposes fixing this. The proposal always requires the people profiting from the $15,000 model to vote themselves out of business.
They will not.
“And every four years when the World Cup comes around, we will say that we’d dominate if we had a stronger youth program.”
“And will we develop a stronger youth program?”
“We will not.”
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Pedro retweeted
Who’d have thought England v Mexico would be 100 times more entertaining than Spain v Portugal 🤷🏻♂️
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Pedro retweeted
A £2.5B England squad full of Premier League players had to park the bus against Mexico. 🏴🇲🇽
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