Posts Tagged ‘China’

Welcome to Black Monday

Monday, August 24th, 2015

If you haven’t been checking your 401K recently, now may not be the day to do it, as markets are plunging around the globe.

China’s Shanghai composite index had the largest one-day selloff since 2007.

Japan’s Nikkei average fell 4.6%, the largest drop in two years.

India’s Sensex dropped over 1,200 points, the biggest drop in seven years.

And now everyone is nervously waiting for the NYSE to open…

LinkSwarm for August 14, 2015

Friday, August 14th, 2015

Austin had a very, very wet spring, but August is shaping up in normal fashion: Bone dry and hot as hell. Try to keep cool and enjoy a Friday LinkSwarm:

  • “There is no real distinction between today’s Democrats and socialists.”
  • Democrats have an America problem.
  • The email scandal could very well sink Hillary:

    Politicized or not, the DOJ will be increasingly boxed in by the FBI and intelligence community investigations. Normally, when the intelligence community finds classified materials in unauthorized locations, it seeks felony prosecutions. Gen. David Petraeus was sunk for keeping his own personal calendars in an unlocked drawer at home. The calendars were deemed classified, even if they lacked an official stamp. President Clinton’s CIA Director, John Deutsch, lost his job and security clearance for using his portable computer at home. It had classified material on it. Those violations are trifling compared to Hillary Clinton’s exposure.

    (Hat tip: Instapundit.)

  • Longtime Hillary Clinton aide Huma Abedin may be joining her in the big house
  • Bernie Sanders up over Hillary Clinton in New Hampshire? #WhiteVotesMatter
  • Ohio Democrats continue their youth movement by recruiting 74-year old Ted Strickland for a Senate race.
  • Someone spilled millions of gallons of toxic waste into a river! Call the EPA! Oh wait, it was the EPA.
  • Islamic State executes 300 electoral civil servants in Iraq. Good thing we’ve got Nobel Prize winner Barack Obama sowing peace and stability to the Middle East rather than that warmongering bungler Bush… (Hat tip: Jihad Watch.)
  • So why did the Obama Administration pretend Taliban-head Mullah Omar was still alive when he’s probably been dead 2 years? (Hat tip: Prairie Pundit.)
  • And why is the Obama Administration siding with the terrorists and against the Americans who have already won legal judgments against them?
  • A whole bunch of gun myths debunked. (Hat tip: Borepatch.)
  • Just why did the University of Minnesota think it needed grenade launchers? (Hat tip: Say Uncle.)
  • China devalues the Yuan. This is Big Freaking News, but hard to conceptualize, since China’s economic statistics are have not even a nodding acquaintance with reality, and haven’t for at least a decade. So is China’s current bubble bad, or super mega world-shatterling bad?
  • Your guide to global black market pricing.
  • Islamic State Worse off than Greece?
  • Brazil: Super-Duper boned.
  • Great Cthulhu emerges as surprise front-runner in Labour leadership contest.”
  • Tianjin, China Blows Up Real Good.
  • Jihadis kill four, kidnap six from hotel in central Mali. That’s really going to crimp your vacation plans. (Hat tip: Jihad Watch.)
  • Cop-killing inmate dies in prison riot. Alas, my electron microscope is being recalibrated, so I won’t be able to find the proper sized violin to commemorate this sad occasion… (Hat tip: Dwight.)
  • Social Justice Warriors continue their war on comedy on campus.
  • Man arrested for shooting at police in Ferguson was completely unarmed. Except for his guns.
  • Cool World War II radio intercepts story, via Instapundit.
  • Florida Man has been busy.
  • LinkSwarm for July 31, 2015

    Friday, July 31st, 2015

    Another month down! here’s one final LinkSwarm to finish off July:

  • “Donations to the Clinton Foundation by Swiss bank UBS increased tenfold after Hillary Clinton intervened to settle a dispute with the IRS early in her tenure as secretary of state, according to a published report.” What are the odds?
  • Hillary way, way, way underwater in swing states. (Hat tip: Moe Lane.)
  • Lot of Democrats listed among indicted congress critters. And the Kay Baily Hutchison indictment was bogus.
  • “Nineteen sixty-eight was the year normal Americans saw the Democrats for what they were, and that’s the danger for them in 2016 too – that normal Americans will be reminded about what a circus of welfare-chiseling, race-obsessed, work-averse, baby-shredding freaks the Democrat party is.”
  • Iran says it can ban U.S. arms inspections at will. Wow, that Iran deal just keeps getting better… (Hat tip: Jihad Watch.)
  • Speaking of that Iran deal, the Obama Administration is hiding documents from the public, even though they’re not classified.
  • And the International Atomic Energy Agency refuses to testify to the Senate on Iran, even in a classified setting. Golly, it’s almost like they’re trying to hide something… (Hat tip: Ed Driscoll at Instapundit.)
  • Michael Totten on Hanoi’s Capitalist Revolution. I dare say that Hanoi more capitalist (and hopeful) than Detroit these days…
  • Medicare/Medicaid: Driving us into bankruptcy for half a century.
  • And Social Security could be broke in 12 years.
  • Another day, another American murdered by an illegal alien.
  • More guns, less crime. (Hat tip: Adam Baldwin’s Twitter feed.)
  • “The fact is that there is no point in arguing with liberal gun-control advocates because their argument is never in good faith….The liberal anti-gun narrative is not aimed at creating the best public policy but at disarming citizens the liberal elite looks down upon – and for whom weapons represent their last-ditch ability to respond to liberal overreach.”
  • “Anti-bullying” school seminar is turned into gay sex demonstration.
  • Brazil joins the league of the boned.
  • The mystery of China’s capital outflows.
  • Dice to sell Slashdot. They managed to take a thriving community and managed to drive much of it away with a combination of poor UI design (Beta, anyone) and pro-social justice warrior posts.
  • How #GamerGate shattered shattered Gawker’s myth of invincibility. Turns out that insulting your readers on behalf of social justice warriors isn’t a sustainable business model. Who knew?
  • Even before the hack, Ashley Madison was a complete scam. (Hat tip: Borepatch.)
  • China’s Stock Market Meltdown Continues, NYSE Offline

    Wednesday, July 8th, 2015

    Maybe those are connected, maybe not.

    As Zero Hedge has been reporting for weeks, China’s stock market continues to slid with no end in sight, despite such measures as making it illegal for some people to sell stocks.

    In a possibly unrelated story, trading on the New York Stock Exchange has been suspended, supposedly due to a computer glitch. Maybe that’s true, maybe not.

    How does it feel to live in interesting times?

    LinkSwarm for June 26, 2015

    Friday, June 26th, 2015

    The problem with doing a LinkSwarm is there’s just no end to links! I suppose I could post each and every one as I find it, but then I’d be be traveling in the wake of Instapundit, without his indefatigable will. (Or, this week, his army of star assistants.)

    Anyway, these are from the last few weeks:

  • Nothing says “religion of peace” quite like crucifying children for breaking a Ramadan fast.
  • Speaking of Ramadan, Muslims kicked it off in the now-traditional manner: Blowing up the mosques of other Muslims. (Hat tip: JihadWatch.)
  • ObamaCare has fallen short of its enrollment target, hiked insurance premiums, failed to cut down on ER visits, and flopped in its attempt to improve hospitals’ bottom line.
  • ObamaCare is sputtering.
  • Hawaii kills its ObamaCare exchange.
  • China’s dredging on Mischief Reef has united the rest of Asia against it.
  • China tries debt swap financing for the Ghost Cities.
  • “Barack Obama has been the most successful person in history when it comes to electing Republicans to Congress.”
  • Donating to a tsunami victim charity? Don’t forget that Bill Clinton gets his cut.
  • Bill and Hillary and The King of Gay Porn.
  • Not just Bill and Hillary: Even Clinton underlings got Arab money while working for the government.
  • 20 revelations about the U.S. and Israel from Obama’s ex-Israeli ambassador’s new book.
  • Americans prefer not to live where the law-abiding are disarmed.
  • Obama’s plans to muzzle gun-related speech.
  • Ted Cruz introduces legislation to eliminate Obama’s illegal alien amnesty slush fund.
  • “What we’re dealing with is a mayor who is universally acknowledged to be bumbling and incompetent.” (Hat tip: Ed Driscoll at Instapundit.)
  • LOL.
  • The Huffington Post: Hell on earth. (Hat tip: Moe Lane.)
  • You too can enjoy and spread “white privilege” to your children, no matter your color!
  • The “pecking disorder” among Social justice Warriors.
  • “He ain’t do no wrong — he just shot a cop.”
  • Remember that ultra-irritating piece on life on the Upper East Side? Not so fast.
  • Ouch.
  • Heh.
  • Don’t order the Chong Chin Chicken at Asia Cafe.
  • LinkSwarm for November 14, 2014

    Friday, November 14th, 2014

    There’s been so many people offering up so much information on “GruberGate” that I assume anyone reading this blog has seen coverage of it already. The fact that Jonathan Gruber not only lied to the American voters he called “stupid” about ObamaCare, but also got paid $400,000 to do it certainly adds insult to injury. As does the fact that both Nancy Pelosi and members of Obama’s MSM praetorian guard like Vox’s Sarah Kliff are now lying about Gruber’s central involvement in ObamaCare despite having cited him in that capacity earlier.

    In other news:

  • Some really interesting nuggets of midterm statistical analysis from Sabato’s Crystal Ball. (Hat tip: SooperMexican’s Twitter feed.)
  • Republicans did very well picking up governorships, including some in deep-blue states.
  • Scott Walker just keeps winning.
  • More on the theme: “Does Walker sizzle? Not exactly. Is he a particularly charismatic speaker? No, he isn’t. But does he sit upon a throne made of the skulls of his enemies? Yes, yes he does.” (Hat tip: Moe Lane.)
  • Britain is poised to silence “extremist” speech. And who gets to determine what’s “extremist”? Why, the government, of course!

    Last month, May unveiled her ambition to “eliminate extremism in all its forms.” Whether you’re a neo-Nazi or an Islamist, or just someone who says things which betray, in May’s words, a lack of “respect for the rule of law” and “respect for minorities”, then you could be served with an extremism disruption order (EDO).

    Why do I get the impression that people pointing out Pakistani Muslim involvement in the Rotherham child rape scandals will be among the first targeted by this new law?

  • It’s not just the British who fail to investigate sex crimes: New Orleans police only investigated 14% of sex crimes.
  • Professional feminists have spent more time and energy denouncing video games than the sale and rape of girls in Nigeria and Iraq.”
  • “Honest, decent and intelligent people rightly perceive feminism as a limitless doctrine of fanatical hatred….Feminism isn’t about equality. Feminism is about hate.”
  • “Twitter has empowered leftist feminists to have a censorship field day.”
  • Just when the authoritarian left thought they had finally won the culture wars along came #GamerGate.
  • Time has a poll on which word should be “banned” in 2015. “Feminist” not only gets the most votes, it pretty much gets as many votes as all the rest combined.
  • Ted Cruz was right about the shutdown. It turns out that showing Republicans are opposed to horribly unpopular Democratic programs is popular with voters. Who knew?
  • Fake Maine hate crime ends up with accuser charged with “reckless conduct with dangerous weapon and driving to endanger.”
  • Democratic state Rep. Ron Reynolds’ barratry case has been declared a mistrial.
  • Islamist suicide bomber kills 50 at a high school in Nigeria.
  • Via Dwight of Whipped Cream Difficulties comes this Jim Schutze piece on how The Texas Tribune’s vaunted independence meant bupkis when it came to the Wallace Hall case.
  • China Vows To Begin Aggressively Falsifying Air Pollution Numbers.”
  • Price manipulation in the gold market?
  • Correction: Last week I gave the impression that Republican Carl DiMaio had won his California U.S. congressional race. That is what the early returns indicated, but he ended up losing a close race.
  • Here’s a dog story that will make your blood boil.
  • LinkSwarm for May 12, 2014

    Monday, May 12th, 2014
  • Health care costs up most since 1980. Thanks, ObamaCare!
  • And low wage workers are the ones hurt worst by the employer mandate.
  • Adventures in Liberal Racism:

    The late Sen. Robert Byrd, D-W.V., a former leader of the KKK, twice was elected the majority leader in the U.S. Senate and served a 6-year stint as, ironically, minority leader in between. Add Harry Reid, Joe Biden, Bill Clinton and countless others to the list of elected Democrats who’ve said things just as racist as Sterling, yet faced no consequences.

    To liberals, people are their skin color first, and that should dictate their thoughts and behavior. To stray from that is somehow a betrayal. It’s the basest form of racism, even if the victim and the perpetrator share the same melanin.

    To progressives, you aren’t an individual, you’re your skin. Clarence Thomas isn’t a man, he’s a black man. He isn’t an American, he’s an African American. It’s the prefix, not the person, that matters. That, at its core, is racism.

    (Hat tip: Instapundit.)

  • “There’s no getting around the fact that people who reject everything the West stands for are guaranteed to live in poverty with a boot on their neck.”
  • Democrats doing as bad as they were in 2010? Nope. Worse.
  • Even the Washington Post has Republican chances of retaking Senate up to 82%.
  • They also admit that Obama’s ratings are hitting new lows.
  • Mark Steyn slams #BringBackOurGirls: “The wretched pleading passivity of Mrs Obama’s hashtag is just a form of moral preening.”.
  • Democrats can’t find anyone to run as a Democratic against David Jolly in FL-13 race. And the “independent” they endorsed doesn’t live in the district…
  • In Illinois, little things like being a convicted felon won’t keep you from overseeing millions of “anti-violence” program dollars.
  • Alan Derschowitz gets it right: “I don’t think we want the thought police to be intruding on people’s private conversations.”
  • Is China’s military a paper dragon?
  • Missed this: Defeated Democratic congressman (and Stupak-bloc flip-flopper) James Oberstar dead.
  • What is hereditary in the United States is not wealth but poverty.”

    The Left’s focus on the status of wealthy and high-income Americans is precisely backward — backward if improving the lives and opportunities of those born into poverty is your goal. If your goal is to increase the income and power of the public sector for your own economic and political ends, then of course it makes more sense to focus on the rich: That’s where the money is, and the perverse reality of the Left is that it cannot fortify its own interests by improving the lives of the poor but can do so by pillaging the rich.”

  • GOP establishment leader Eric cantor booed in his own district.
  • Nothing says “liberal tolerance” quite like a UC Santa Barbara teacher threatening to send Ted Cruz supporters home in a body bag.
  • Russia passes a “bloggers law.”
  • 2013 Walter Duranty awards for media liars were given out. Seymour Hirsch received a lifetime achievement award…
  • Egyptian Muslim group declares that democracy must be eliminated because ”it does not allow to save Muslims and theorizes the equality of Jews, Copts and Muslims and must therefore be condemned”.
  • Three girls fined $3,500 for wearing bikinis. In Italy. [Edited to add: Jihad Watch has updated the story as a hoax.]
  • Democratic trial lawyer and Wendy Davis backer Linda Blue Baron is leaving Texas. Tort reform just keeps paying dividends…
  • Jeeze, you commit one or two little axe murders, and suddenly you’re not dating material.
  • The novel is dead yet again. Or: Will Self implores those uncouth striplings to vacate his sward.
  • Crazy spider gymnast.
  • LinkSwarm for April 25, 2014

    Friday, April 25th, 2014

    Pressed for time, so here’s a quick LinkSwarm:

  • Forgot to include this in the Wednesday roundup: Massachusetts Democrat says that ObamaCare will “bury us”.
  • The “Obama Recovery” in action: Retail store closings worst since 2009.
  • 12% of Americans are in the top 1%. Wait, what?
  • Republicans expand Senate map yet again.
  • Man threatened with federal $525 fine for an 89¢ soda refill.
  • Things America has that Communist Cuba doesn’t: freedom, human dignity, and soap.
  • China’s Ghost Cities redux.
  • Dr. Huey Shen Wu skips to China after thumbing his nose at U.S. courts.
  • Another day, another 71 killed by Jihadests with a car bomb in Nigeria.
  • #hashtag. #facepalm
  • AT&T is trying to shed it’s legacy landline business.
  • Things I did not know: Whittaker Chambers translated the first English language edition of Bambi.
  • LinkSwarm for April 14, 2014

    Monday, April 14th, 2014

    Time for another LinkSwarm:

  • By the standards of signing up the previously uninsured, “Obamacare may be headed for an epic failure.”
  • Health and Human Services secretary Kathleen Sebelius resigns, leaving behind a legacy of incompetence and deception. “Rarely has any single public official done more to undermine the public’s confidence in the ability of government to function than Kathleen Sebelius.”
  • This just in: People still think ObamaCare sucks the farts out of dead wildebeests.
  • “Democrats face this reality: [ObamaCare]’s a political loser, and there’s no easy fix.”
  • New Jersey children lose health insurance thanks to ObamaCare.
  • The real reason for the Bundy Ranch standoff: Harry Reid’s son is in the pay of a Chinese solar power company that wants the land.
  • How Harry Reid’s insider trading and crony deals have made him a wealthy man.
  • Speaking of Harry Reid (via Iowahawk’s Twitter feed):

  • It turns out that the Overland Park Jewish Center shooter shared two fraternal organizations with late Sen. Robert Byrd.
  • Left out of all the left-wing Cesar Chavez hagiography: “Chavez had a very strong dislike for illegal immigrants.”
  • Indeed, we can best honor Cesar Chavez by making his birthday National Border Controls Day.
  • Backers of illegal alien amnesty may think it’s now or never.
  • It must have been a sad day for John Edwards, being barred from his sugar momma’s funeral.
  • Jay Carney is so use to lying, he can’t even resist PhotoShopping his own house. Badly. (Or maybe The Washingtonian is simply desperate to glamorize all Democrats profiled they won’t let little things like “competence” stand in the way…)
  • Is it just me, or did Hillary Clinton choose a singularly unflattering outfit for ducking shoes in?
  • The ideological slap-fight between radical lesbian feminists and tranny activists. “But all crazies are not created equal and, as crazy as the radical man-hating lesbians may be, they at least have valid science on their side in saying that ‘female’ is a biological category — genetically determined, rather than being a ‘social construct.'”
  • Vermonters just aren’t sure they want eyeball-bleeding tax rates just to satisfy the left-wing fantasy of single-payer health care.
  • France’s ruling socialists get their collective (ha!) asses kicked in municipal elections.
  • Property prices collapse in China. (Hat tip: Ann Althouse.)
  • Puerto Rico: 1.2 million workers, $70 billion in debt.
  • DC Power couple divorcing. Hilarity to ensue for, oh, probably a year or so.
  • Cowardly Brandeis University withdraws planned honorary degree for Ayaan Hirsi Ali.
  • Who is killing the bankers of Europe?
  • Ex-Supreme Court Justice John Paul Stevens wants to “fix” the Second Amendment so its easier to disarm citizens.
  • Alec Baldwin forgets yet again that Twitter is not his friend.
  • Round Rock incumbent City Councilman Carlos Salinas appears to be benefiting from his position in a way that violates both city and state codes. How nice to pass a city-funded, interest-free loan for a building to a crony, then lease the same building back at below-market rates…
  • Well, this is disturbing: Kobe Bryant dispensing actual wisdom: “If we’ve progressed as a society, then you don’t jump to somebody’s defense just because they’re African-American. You sit and you listen to the facts just like you would in any other situation, right?” (From a New Yorker piece behind a paywall.) And naturally a firestorm erupted…
  • Speaking of the NBA: How two brothers owning a failing ABA franchise managed to earn a cool$1 billion from the NBA. The advantages of foresight,,,
  • PAX coming to San Antonio in 2014.
  • And remember that your taxes are due tomorrow…

    LinkSwarm for January 29, 2014

    Wednesday, January 29th, 2014

    Lots of news from around the world, where the global economy is handing like a Kia that’s just started losing traction on an icy hill:

  • Bundesbank: Don’t look at us, broke PIIGS, you’re going to have to screw your own people.
  • Does a big default loom in China?
  • Russian bank halts all cash withdrawals?
  • Meanwhile, reports that Chinese banks have stopped allowing withdrawals turns out to be a false alarm.
  • European earnings outlook: Zero.
  • Problem: Greek economy still sucking wind. Solution: change how GDP is calculated.
  • Japan hits record trade deficit. Remember when they were supposed to take over the world?
  • The ruble flirts with record lows.
  • Obama and the Democratic Party’s numbers are worse than they were in 2010.
  • Planned Parenthood wonders what’s the big deal with a little statutory rape among friends?
  • Florida heroin kingpin is an illegal alien on food stamps.
  • Another Democrat convicted of that vote fraud that doesn’t exist. (Hat tip: Dwight.)

  • Democrats actually polling worse than they were in 2010. And that’s from Dem pollster/booster John B. Judis.
  • Target’s part-time workers get ObamaCared.
  • We have a winner for troll of the year:

    Every time I hear someone say that feminism is about validating every choice a woman makes I have to fight back vomit.

    Do people really think that a stay at home mom is really on equal footing with a woman who works and takes care of herself? There’s no way those two things are the same. It’s hard for me to believe it’s not just verbally placating these people so they don’t get in trouble with the mommy bloggers.

    Having kids and getting married are considered life milestones. We have baby showers and wedding parties as if it’s a huge accomplishment and cause for celebration to be able to get knocked up or find someone to walk down the aisle with. These aren’t accomplishments, they are actually super easy tasks, literally anyone can do them. They are the most common thing, ever, in the history of the world. They are, by definition, average.

    Amy Glass, come down and collect your coveted Trolly! (Hat tip: Instapundit.)

  • “Woman Takes Short Half-Hour Break From Being Feminist To Enjoy TV Show”
  • In case you didn’t notice, Iran’s mullahs are still lying, violent scumbags.
  • Strangely enough, Israeli’s trust Netanyahu more than Obama. Funny how a mere 40+ years Palestinians breaking every agreement they’ve signed will sour people on the peace process…
  • Michael Totten wanders around Cuba some more, where he let’s us know that Cubans can be arrested for unauthorized shrimp.
  • California Court determines that disgraced serial journalistic liar Stephen Glass is too dishonest to be a lawyer.
  • In other news, Eugene Volokh stuns Washington Post readers with non-liberal thoughts on guns and other topics.
  • Have you ever considered the possibility that Woody Allen isn’t a child molester?
  • Drive a Fit, a Prius, a Yaris, or a Fiat 500? Hope you’ve made out a will.
  • Anthony Weiner forced to downsize to an apartment whose rent is a mere 6 times my mortgage.