Greetings, and welcome to a Friday LinkSwarm! Bad weather and bad driving are themes, as the ice storm mentioned yesterday already slammed Texas hard. I was without power for over 10 hours last night and this morning, and every tree is heavy with frost.
Hit black ice at 95/They said I’m lucky to be alive…
Bad news for law-abiding Austinites: Police Chief Brian Manley is retiring after 30 years on the force. I’m sure the City Council is eager to replace him with some social justice warrior approved tool. On the other hand, if he wants to run for mayor…
The threat is said to be existential. It fuels secessionism. Gnaws at national unity. Abets Islamism. Attacks France’s intellectual and cultural heritage.
The threat? “Certain social science theories entirely imported from the United States,’’ said President Emmanuel Macron.
French politicians, high-profile intellectuals and journalists are warning that progressive American ideas — specifically on race, gender, post-colonialism — are undermining their society. “There’s a battle to wage against an intellectual matrix from American universities,’’ warned Mr. Macron’s education minister.
Emboldened by these comments, prominent intellectuals have banded together against what they regard as contamination by the out-of-control woke leftism of American campuses and its attendant cancel culture.
You can ding France (and French intellectuals) for a lot of sins, but “insufficient appreciation of western civilization and culture” is not one of them.
The bloom was off the Andrew Cuomo rose for anyone who had eyes to see last year, but now even the Democratic Media Complex is is being forced to admit what a giant pile of manure he is:
America’s worst governor probably never thought he would miss America’s most obnoxious president.
But that is the situation that New York Gov. Andrew Cuomo likely finds himself in now that Donald Trump is no longer around to take all the heat for mismanaging the coronavirus pandemic. Indeed, now that the man who commanded nearly every minute of the media’s attention has shuffled off to Florida following his defeat in the 2020 presidential election, Cuomo is at long last experiencing widespread criticism and scrutiny in the press for his grossly incompetent handling of the COVID-19 outbreak in the Empire State.
The New York Times, for example, took the governor to task after he announced that indoor dining in the state can resume as soon as Feb. 14, arguing that the flip-flop makes no sense based on the available data and his past diktats. “Gov. Andrew Cuomo of New York said on Friday that New York City could reopen indoor dining on Feb. 14,” the newspaper notes. “But by nearly every measure, the coronavirus outbreak in the city is worse than it was when he announced a ban on indoor dining in December.”
The New York Times adds, “As the governor spoke on Friday, citing the ‘current trajectory’ of cases as his reasoning for reopening, average per-capita case counts in New York City were 64% higher than when he announced the ban in December.” The paper even published an article titled “N.Y.C.’s Covid Metrics Are Dire. Cuomo Is Reopening Restaurants Anyway,” laying into the governor for his about-face on indoor dining.
Elsewhere, Cuomo is weathering blistering criticism over news reports that his administration dramatically undercounted the number of deaths connected to his order last year forcing infectious coronavirus patients into long-term care facilities. Criticism so bad, in fact, that the governor actually declined an invitation to appear on CNN, which has done more than any news network to boost his image amid the pandemic.
The bad press, by the way, appears to be having an adverse effect on the governor, whose increasingly frenetic decrees suggest a man who is spiraling. Recall that Cuomo claimed recently that the effort to vaccinate restaurant workers was a “cheap, insincere discussion.” Now, he has expanded vaccine eligibility in New York to include — you guessed it — restaurant workers. It’s almost as if he has no idea what he is doing.
Then, there is the sudden bout of unflattering news reports regarding the growing number of high-level resignations by New York health officials, including nine top state executives who have stepped down since last summer. Cuomo is also suffering embarrassing news coverage for his recent statement in response to the reports that his administration undercounted nursing home deaths: “But who cares? … Died in a hospital. Died in a nursing home. They died.” Add to it all the fact that the governor is catching heat for saying that he doesn’t trust health experts, and it seems clear we are witnessing the end of the love affair between the news media and the man who won an Emmy recently for his supposedly savvy COVID-19 management.
It is good that the news industry as a whole is finally scrutinizing the Cuomo administration for its ineptitude, but where was this critical look last year? It’s not as if Cuomo flipped a switch. He didn’t become an incompetent, callous, flailing bureaucrat overnight. This is who he is. This is how he has behaved for the entirety of the pandemic. Many newsrooms either did not notice or did not care. After all, there was a bad man in the White House.
The Cuomo who is getting badly beaten up today in the press is the same Cuomo who in April 2020 said glibly of out-of-work, anti-lockdown protesters that if they want to provide for themselves and their families, they should “take a job as an essential worker.”
This is the same man who targeted the state’s Jewish communities over social distancing violations, all while giving a free pass to the thousands of anti-police demonstrators and other political activists who clogged New York’s streets last year, gathering cheek to cheek in both protest and celebration. At a press conference in October of last year, Cuomo even dredged up a 14-year-old photo showing Jewish mourners gathered to mark the death of Rabbi Moses Teitelbaum, claiming falsely that it was proof of those people’s refusal to follow his COVID-19 restrictions.
This is the same man whose administration flip-flopped constantly on the timeline for when COVID-19-positive front-line workers should return to work.
This is the same man who, during a press conference in September, attempted to absolve himself of responsibility for his state’s deadly mismanagement of the coronavirus by claiming, “Donald Trump caused the COVID outbreak in New York. That is a fact. It’s a fact that he admitted and the [Centers for Disease Control and Prevention] admitted and [Dr. Anthony Fauci] admitted.” No one “admitted” any such thing.
Cuomo actually wrote an entire book praising his response to the pandemic. He even hawked a stupid poster boasting of New York’s alleged victory over the outbreak. The poster, which bears more captions than a Herblock cartoon, is careful to highlight infection increases in Arizona, Texas, and Florida. Because nothing says responsible, caring leadership quite like cheering case increases in fellow states, which, by the way, likely got the virus from New York.
Yet, amid all of these missteps, many in the press claimed last year that New York’s governor led one of the best, if not the best, coronavirus responses in the country. The way certain journalists and commentators told it, Cuomo’s wisdom and steady hand safely guided the state through one of the most dangerous and deadly episodes in its history.
Speaking of coronavirus, previous timelines had pegged “Patient Zero” as being infected in November of 2019, but new evidence suggests the first cases showed up October 2019. (Hat tip: Director Blue.)
“Let them have their Impeachment 2: Electric Boogaloo. It won’t result in a conviction. It won’t affect Donald Trump’s standing with his supporters or his detractors. But it will delay the Senate from action on Joe Xiden’s initial legislative goals and confirmation of His Fraudulency’s nominees.”
Democrats may end up paying a higher political price than they anticipate. The trial won’t only delay Mr. Biden’s program. It will tarnish his image as a “unifier” eager to work across party lines. That identity will be much harder to sustain after Democratic senators vote in lockstep to convict Mr. Trump and push through a mammoth Covid relief bill without any Republican votes.
I see they misspelled “trillions in pork graft for politically connected cronies” as “Covid relief.” (Hat tip: Stephen Green at Instapundit.)
During a media presentation at Virtual SHOT Show 2021, Winchester said that if they stopped taking orders for .22 LR right now, it would take 2 years to fill all the back-orders. In December, the Vista family of companies, which comprises Federal, CCI, Speer, and Remington, announced they had a $1 billion backlog in orders. In the first 3 months of the COVID-19 lockdown, Winchester experienced a 17-percent surge in orders, which hasn’t tapered off.
Rancher believes Biden wants to hurt border security to undo President Trump’s legacy. True, but incomplete. The entire Democratic Party sees every illegal alien as a potential Democrat voter.
Heh:
The Lincoln Project has reached the part in the Scorsese film where Clapton or the Stones is playing and everyone is trying to escape with the money and their lives.
Got to admit, 140 MPH is hauling ass. One problem with Most Shocking is that they would intone “…with speeds hitting 90 miles and hour!” and I wanted to ask “Dude, have you never driven on a Texas highway before? That’s pretty much the prevailing speed…”
"We rescue ALL animals, though dogs need us the most. But we rescue cats, bunnies, rats, snakes, small exotics, eleflumps, bears, big cats, wildlife, sea life, primates…"-@ElayneBoosler#tailsofjoy 🐶😺🦜🐭https://t.co/gWA4VEWyoc
— Elayne Boosler's Rescue Dog, Ralph (@BooslerS) February 5, 2021
By the way, the current forecast is for it to hit 1°F here on Monday, which would only be 3 degrees above the coldest temperature ever recorded in Austin…
William J. Burns, who is President Joe Biden’s nominee for director of the CIA, is president of a think tank that has received up to $2 million from a Chinese businessman as well as from a think tank with close ties to the Chinese Communist Party.
As president of the Carnegie Endowment for International Peace, Burns also invited nearly a dozen congressional staffers to attend a junket to China, where they met with a communist party operative and a president of a Chinese front group.
Burns, who was paid $540,580 last year as president of Carnegie, will appear before the Senate Intelligence Committee for a confirmation hearing likely to be held this month. He has been president of Carnegie since March 2015.
During Burns’ tenure at Carnegie, a businessman named Zhang Yichen joined the think tank’s board of trustees.
“We are very fortunate to have Zhang Yichen on our board,” Burns, a former deputy secretary of state, said in a statement in October 2016. “I look forward to working with him to make Carnegie an even finer institution.”
Zhang, the CEO of CITIC Consulting, a China-based investment firm, donated between $500,000 and $999,999 to Carnegie from July 1, 2017, through June 30, 2018, according to Carnegie’s website. He gave between $250,000 and $549,999 in the 2020 fiscal year, according to Carnegie’s 2020 annual report.
Zhang is a member of two organizations linked to the Chinese Communist Party, according to his biography at CITIC Capital: the Chinese People’s Political Consultative Conference (CPPCC) and the Center for China and Globalization.
Can you imagine any Cold War president nominating a CIA director who worked for a think tank that took Soviet money? “Sure, Hubert J. Kissup’s Detente Institute took money from the Young Communist League, but you should confirm him because he’s a swell guy!”
Notice how quickly our garbage elites went from “Ivanaka Trump sells clothing in Russia! This is a huge conflict of interest!” to “CIA director bringing in a half million dollars in Communist Chinese money at his last gig? Nothing to see here! Move along, pleb!”
There’s nothing more tiresome than hackneyed references to The Matrix, except for the constant propaganda we’re hosed down with by the Establishment and its media lackeys about how everything is groovy in our totally free, free enterprise paradise of freedom and happiness and more freedom. Some of us have been woke for a while, having realized the undeniable truth that the system is rigged for the benefit of a garbage ruling class, whose sole accomplishment is to perpetuate a paradigm in which they maintain power and prestige by controlling institutions they didn’t create or build. Instead, they are cultural trust fund babies, the equivalent of third generation Kennedy brats with substance issues who got into power by getting into the right schools and modeling the right SJW attitudes. These oligarch overseers rely on us to toil in their figurative fields while they sit on their figurative porches, sipping locally-sourced figurative mint juleps.
I say burn it all down and rebuild America into what it is supposed to be, that is, what they tell us it is when they lie to us.
I’m not alone. We’re primed for some conservative anarchy. The normals’ resistance cannot be quelled; the revolution will be Telegrammed. Everyone’s gobbling up red pills, the one medication our incompetent Establishment is fully capable of distributing efficiently and effectively. You drop one and you see the Matrix. You see the lie. You see that it’s all rigged.
Snip.
I mentioned GameStop and these ladies not only knew what it was, but they cheered the armchair day trader anarchists. And they booed the hedge funders.
Rich Orange County Republicans booed the hedge funders.
And they booed Liz Cheney and Mitt Romney, with one exception, Nikki! Haley too. The ones who had heard of the Bulwark booed it as well, so there were like three of those.
Populists in pearls, fully red pilled and woke as hell. They saw how the Establishment has been lying to them. They realized that they were never really members of the ruling caste despite their sweet rides and bank accounts. They were allowed its material trappings, but they were excluded from the real power, the power to govern themselves.
They have more in common with the Keystone pipeline worker John Kerry wants to go make solar panels – which seems unrealistic, since his Chi Com collaborators make them all – than with the rich and truly powerful elite.
People are getting woke – the red pill is socio-political anti-Ambien because it keeps you from falling back asleep and not seeing that everything is rigged.
They see how the ruling caste allows you this little band of autonomy, and how you are allowed some leeway to improve your material life, but the instant you try to assert power that threatens the status quo, the Matrix kicks in and its immune system reacts to snuff you out.
That was the revelation of the GameStop Revolution. You’re allowed to put your money into Wall Street and they might let you take some pennies out, but if you try to go big and play at the same level as the anointed, oh no. You don’t get to. The system shuts you down – literally. You can’t buy the hot stock. Does that apply to the hedge fund guys? You think they can’t play after you’ve been sidelined? Come on. It’s blatant market manipulation, but Wall Street owns the Asterisk Administration – Treasury Secretary & Lord High Protector of the Masters of the Universe Janet Yellin took nearly a million bucks to “speak” to the lever-pullers behind the RobinHood app – and the Administration owns the SEC, and do you think it will investigate the hedge funders who changed the rules? No, but look for FBI SWAT teams to be hitting the basements where the Reddit rebels live. That is, right after they bust more conservative meme guys for illegal memes.
Now, in perhaps the most chilling move yet from the new administration, the newly minted Defense Secretary [Lloyd Austin] plans to direct a military-wide stand down, reportedly to address “extremism” within the ranks.
Austin wants all military units to take an operational pause to discuss extremism as he works to grasp the full scope of the issue and better address the longstanding problem, John Kirby, the Pentagon’s chief spokesman, told reporters Wednesday. The pauses are expected to occur within the next 60 days, but Austin has yet to determine how the stand downs are to be completed, Kirby said.
“The intent is to reinforce the [Pentagon’s] policies and values with respect to this sort of behavior and to have a dialogue with the men and women of the force and to get their views on what they are seeing at their level,” Kirby said. “He wants commands to take the necessary time to … speak with troops about the scope of this problem. It’s a two-way conversation.”
Austin spoke frankly with the acting service secretaries and uniformed service chiefs about his concerns about extremism in the military, including white supremacism, said Kirby, who attended the meeting. The new defense secretary, who is the first Black leader of the Defense Department, wants the service leaders to better grasp how pervasive the issue is within their formations and work with leaders to stamp it out, Kirby said.
We have gone in a few short months from President Donald Trump preventing “critical race theory” dogma from being imposed on federal employees to the possibility that the armed services will have to apologize for their privilege.
it seems that Biden is intent on provoking just such a pushback by his record number of early and often radical executive orders — a tactic candidate Biden condemned.
On almost every issue — open borders, blanket amnesties, canceling the Keystone XL pipeline, promoting the Green New Deal, and hard-left appointees — Biden is touting positions that likely do not earn 50 percent public support.
When Biden made a Faustian bargain with his party’s hard-left wing of Bernie Sanders, Kamala Harris, Elizabeth Warren and Alexandria Ocasio-Cortez to win the election, he took on the commitment to absorb some of their agenda and to appoint their ideologues.
But he also soon became either unwilling or unable to stand up to them.
Now they — and the country — are in a revolutionary frenzy. The San Francisco Board of Education has voted to rename more than 40 schools honoring the nation’s best — Washington, Jefferson and Lincoln — largely on racist grounds that they are dead, mostly white males.
Statues continue to fall. Names change.
The iconic dates, origins and nature of America itself continue to be attacked to meet leftist demands. And still, it is not enough for the new McCarthyites.
Social media are banning tens of thousands. Silicon Valley and Wall Street monopolies go after smaller upstart opponents.
A wrong word destroys a lifelong career. Formerly sane pundits now call for curtailing the First Amendment. Thousands of federal troops blanket a now-militarized Washington, D.C.
If Trump’s pushback tried to return to traditions ignored during the Obama years, Biden’s reset promises to become far more radical than Obama’s entire eight years.
Biden has not been above water a single time in the Approval Index rating. This index is the difference between how many likely voters strongly approve and how many strongly disapprove. Total approval has hit 50% once so far…
This result is astonishing when you think about it. President Biden has the full weight of nearly every corporate media outlet, tech company, and cultural institution behind him. They have been drooling all over themselves to convince us this is a return to unifying normalcy. After all, his favorite ice cream is chocolate chip, and his two German Shepherds just love their new digs. So normal. So unifying.
While other Republican legislators complain and pontificate about Twitter, Facebook and Google’s interference in our elections and censoring of conservative voices, Florida Gov. Ron DeSantis has declared war on the tech giants.
DeSantis is proposing legislation that asks the Florida state legislature to impose stiff fines – up to $100,000 per day – on tech companies that “deplatform” political candidates running for office in his state. Candidates like, for instance, Donald Trump.
Calling the tech giants “enforcers of preferred narratives” whose interests are “not in the public interest,” DeSantis, a Republican, wants to “ensure the protection of the people and their rights.” His proposed bill would allow individuals and the Florida attorney general to sue firms that violate newly established safeguards against privacy violations and censorship.
DeSantis also suggested that other activities, such as colluding to ban people or companies from payment platforms or from cloud services, could also be outlawed.
Presuming that the popular governor can get his measure passed by the Republican-controlled state legislature, it could become a template for the other 23 GOP-led states. It could, in effect, be the beginning of a revolt against the unacceptable dominance and manipulation of our nation’s discourse by Big Tech.
Here’s my game plan for how Trump can make Trump and America great again.
First, Trump must become the kingmaker of the GOP. The Trump Army is 74 million strong. The Republican Party belongs to Trump. He should remake the party in his image.
In some ways, his defeat was empowering. As president, Trump couldn’t get rid of RINOS and never-Trumpers, because he needed their votes. But from the outside, he can remake the party, elect allies and end the careers of the GOP traitors who stabbed him in the back. Are you listening, Rep. Liz Cheney?
Trump should recruit, endorse and campaign for Trump Republicans in each GOP primary where they’re running against RINOS, never-Trumpers and backstabbers. Seventy-four million Trump voters will vote for his chosen candidates in GOP primaries. By 2022, the GOP will be 100% remade in Trump’s image.
Secondly, Trump should spend the next four years fixing voter fraud at the state level. Trump should recruit his billionaire buddies to put up hundreds of millions to attack this problem. Trump’s goal should be to reform election law in just the handful of states that cost him the election: Pennsylvania, Georgia, Michigan, Wisconsin, Nevada and Arizona.
If Trump spends his time, money and focus on reforming election laws in those six states, the GOP will be back in business in 2022 and 2024.
Thirdly, Trump needs to raise billions from his billionaire backers to build TMN: Trump Media Network. That should include a national cable TV network; a national talk radio network; a new version of Drudge Report (called Trump Report); and conservative versions of Twitter, Facebook, Instagram and YouTube. Conservatives will never again have to depend on the mainstream media or Silicon Valley to broadcast their news and opinions.
Only Trump has the money, brand and fundraising ability to change the media and social media landscape like this. And think of the amazing bonus: Not only will 74 million Trump voters have permanent places to communicate but if we all move away from mainstream media and social media, they will collapse. Trump will cripple his enemies and put many of them out of business.
However, I’m not a fan of Root and others idea of Trump running for the House.
Bryan Proffitt, “the Vice President of North Carolina’s largest teachers’ association is a self-avowed Marxist activist linked to Liberation Road – a ‘revolutionary socialist‘ group that follows the teachings of Karl Marx and Mao Zedong.” Sounds like a good reason to put your children in a private school. (Hat tip: Stephen Green at Instapundit.)
The Biden Administration hates private space ventures and pulled permission from Elon Musk’s SpaceX to fly. Punishment for Musk supporting the GameStop squeeze? Either way, it’s blow to American space capabilities and a boon for Chinese domination of space. (Hat tip: Borepatch.)
“Joe Biden put me out of business by suspending new oil and gas leases and drilling permits. I am a petroleum geologist and generate drilling prospects in the Rocky Mountains on federal lands. I worked six years to get a prospect ready to drill and Biden just illegally broke the terms of the lease, killing the deal.” (Hat tip: Stephen Green at Instapundit.)
International law enforcement agencies said on Wednesday they had dismantled a criminal hacking scheme used to steal billions of dollars from businesses and private citizens worldwide.
Police in six European countries, as well as Canada and the United States, completed a joint operation to take control of Internet servers used to run and control a malware network known as “Emotet,” authorities said in a statement.
“Emotet is currently seen as the most dangerous malware globally,” Germany’s BKA federal police agency said in a statement. “The smashing of the Emotet infrastructure is a significant blow against international organised Internet crime.”
In their ongoing attempt to inflict bumville on as much of Austin as possible, today the Austin City Council is scheduled to vote on buying a Williamson County hotel to use as a homeless shelter.
The Williamson County Commissioners Court has asked the Austin City Council to delay a decision for six months on whether to buy a hotel to house homeless people. The hotel, the Candlewood Suites near Texas 45 and U.S. 183, is in part of Austin in Williamson County.
Commissioners said Tuesday they did not learn about the city’s possible $9.5 million purchase until recently, and have not had time to assess the effects of the purchase.
“I am asking the city of Austin to communicate with stakeholders,” said Commissioner Cynthia Long. The hotel is in her district.
“As of last Friday, the city of Austin has not reached out to any government that might be impacted — not Williamson County, not Round Rock ISD, not Bluebonnet Trails (the local mental health authority), not Williamson County and Cities Health District,” Long said.
The Austin City Council postponed a decision on whether to buy the hotel at 10811 Pecan Park Boulevard from Jan. 27 to Wednesday at the request of Council Member Mackenzie Kelly, who represents the district where the hotel is located.
For those unfamiliar with Austin geography, that’s way out in suburbia near the intersection of 183 and 620:
Kelly is hosting a town hall meeting about the hotel from 6:30 to 7:30 p.m. on Wednesday at [zoom link].
Austin officials notified Long about the hotel on Sunday, said Andy Hogue, a spokesman for Kelly, on Tuesday. Hogue declined further comment.
Kelly, who was elected in November, campaigned heavily on a platform that many of the city’s policies regarding homelessness were not beneficial.
On Sunday, residents of the Pecan Park and Anderson Mill neighborhoods held a protest about the plans for the hotel.
Hotel owners and residents who own property near Candlewood Suites told commissioners on Tuesday that homeless people who camp in the area already were causing problems.
“If the city buys Candlewood as a homeless shelter it would just zap our business,” said Marie Chaudhari, one of the owners of the Hampton Inn that shares a driveway with Candlewood Suites.
“Ever since homeless camping was allowed on the streets,” Chaudhari said, “crime has increased so much we had to hire a security guard.”
Candlewood Suites is located in the Williamson County portion of NW Austin. The city wants to buy it and transform the property into a homeless shelter and resource center.
Tuesday, members of the Williamson County Commissioners Court made a formal request for the city to hold off for 180 days. It’s because they learned about this project a few days ago.
The motion to hit the brakes was made by Commissioner Cynthia Long. “My hope is that the city of Austin will hear what we said and it’s an ask to work with your neighbors,” said Cynthia Long, Williamson County Commissioner for precinct 2
Residence and business owners near the hotel say they were also blindsided by the city plan. “I think it would be important to have the public to have input to help out affect their neighborhoods,” said a woman who lives near the hotel.
Those who attended Tuesday’s meeting asked county officials to step in and help. “As Williamson County judge I’m deeply disappointed and that someone did not communicate with this court prior to the decisions they made,” said Williamson County Judge Bill Gravell.
The unanimous vote to make an official request for a 180-day pause was celebrated as a big step — but not a win.
“Yes finally, it should’ve been City of Austin‘s job to listen to its constituents but apparently at least, I’m so thankful for Williamson County to be present for us out here,” said Rupal Chaudhari, who works next to Candlewood Suites
The goal is to convince the city to do an economic impact study; similar to what the city requires private developers to do. Residents believe the study will show that property values will collapse and businesses will close.
The continuing lockdown has proven that Mayor Steve Adler and the Austin City Council really don’t seem to care how many local businesses close.
“Freda I think has about 50 employees we have about 20 at one hotel and the next hotel will have about 30 so that’s hundreds of jobs impacted just right there,” said Sanjay Chaudhari, the Hampton Inn & Suites General manager which is next door to Candlewood.
Williamson County commissioners questioned why the city chose a northwest Austin site for its homeless hotel idea after a similar plan for a South Austin site failed last year. They also want to know more about how the city will address transportation issues, security, as well as what type of social programs will be provided; and where the funding for that will come from.
“Actually it’s not weighing in on the proposal at all because quite frankly I don’t know enough about the proposal to be for or against it I’m simply asking and I think the commissioners’ court is asking to work with the county to work at the school district to work with the surrounding neighbors to talk about this,” said Long.
If the city ignores the county request, commissioners sent another message. They’re willing to explore all options in order to have their concerns addressed.
Hopefully that includes lawsuits.
The repeal of the camping ban has created homeless encampments under virtually ever overpass along 183. My amazing psychic power predict that the new homeless hotel will have absolutely no effect on those existing Adlervilles, but will only draw more transients (and crime) to north Austin.
It would be nice to think that the Austin City Council might listen to citizens for a change, but they seem hellbent on shoveling more money into the Homeless Industrial Complex.
The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this month, but they are not budging.
Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer, including a nearly $8 billion loss on Friday as the stock kept ripping higher, according to data from S3 Partners.
Still, short sellers mostly are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against the stock. GameStop shares that have been borrowed and sold short have declined by just about 5 million over the last week, marking an 8% dip in the short interest, according to S3. Most of the short covering occurred on Thursday, when the stock fell for the first time in six days.
“I keep hearing that ‘most of the GME shorts have covered’ — totally untrue,” said Ihor Dusaniwsky, S3 managing director of predictive analytics. “In actuality the data shows that total net shares shorted hasn’t moved all that much.”
“While the ‘value shorts’ that were in GME earlier have been squeezed, most of the borrowed shares that were returned on the back of the buy to covers were shorted by new momentum shorts in the name,” Dusaniwsky added in an email.
Shares of GameStop were back up Friday after Robinhood and other retail brokers allowed trading to resume.
The borrow fee on GameStop’s stock — or the cost-to-borrow shares for the purpose of selling them short — jumped to 29.32% on existing shorts and 50% on new short positions, S3 said.
“If most of the shorts had covered, we would not be seeing stock borrow rates at these high levels — by now you would be able to borrow GME stock at single digit levels due to an increase in the lendable stock loan supply due to borrowed shares being returned after all the ‘supposed’ buy-to-covers,” Dusaniwsky said.
GameStop remained the most-shorted name in the market as short interest as a percentage of shares available for trading stands at 113.31%, S3 said.
(Supposedly Melvin Capital and Citron are out of their GameStop short positions. So who is still in?)
Assuming all the above is true, the remaining hedge funds and their allies are still shorting more than 100% of the stock, despite the theoretically infinite risk involved. I can think of several theories to explain what appears to be apparently irrational behavior:
Short sellers fully expect their friends in the Biden Administration and/or the financial regulatory apparatus to come to their aid and extricate them from the bind they’ve put themselves into by suspending or changing the rules. Huh. I wonder why they could possibly think that?
Janet Yellen accepted $810,000 in speaking fees from Citadel, owner of Robinhood.
Reporter: Are there any plans to recuse herself from advising the President on GameStop and Robinhood situation?
Psaki: ‘No and she’s an expert and deserves that money.’
Short sellers expect to use their power to force trading companies to bend to their will by forcing retail investors to sell their shares (as Robinhood was reportedly doing on Thursday).
Short sellers expect one or more “whales” (i.e., rich individual investors) to flip and either sell their shares or lend them out to cover shorts once the temptation to take profits is too great.
Deeper-pocketed short sellers expect the squeeze to force weaker rivals out of the game, either taking huge losses to liquidate their positions or going bankrupt. In either case, they expect this winnowing to drop shorted shares below the 100% threshold, relieving the pressure on the shorts for the remaining short sellers.
Obviously, it could also be a combination of all these. (Or something else; feel free to float other theories in the comments.)
It’s the first two possibilities that should worry us from a policy position: If the big players can break the rules at will to reverse their fortunes when they’ve been beaten at their own game by the little players, then it’s not a free market. And if it’s not a free market, what’s to keep ordinary Americans from getting out of the game entirely?
At one point, it was estimated that the losses accumulated by GameStop short-sellers approached $5 billion. Melvin Capital, the now-notorious hedge fund with the huge GameStop short position, eventually required an infusion of $2.75 billion in cash from an even larger hedge fund to cover its possession and remain solvent.
And that’s when the Wall Street empire struck back. Suddenly, the federal Securities and Exchange Commission, or SEC, which purports to be a Wall Street regulator but instead operates as little more than a Wall and Broad soothsayer to a public skeptical of Wall Street’s power, weighed in and intimated that it might investigate or even shut down the trading of GameStop stock to prevent the price from getting even higher.
Then the Wall Street-backed trading apps and the Wall Street brokerages joined in, announcing they would no longer allow their users and retail investors to buy GameStop stock. The result? When you can no longer buy a stock, its price can only go in one direction: down.
The whole saga has spawned a mini-industry of commentary on trading, markets, Wall Street, hedge funds, regulation, efficient markets theory, and who knows what else. Hedge funds are bad! No, hedge funds are good! Markets are efficient vehicles for asset price discovery! No, we need strict regulation to prevent mob-incited runs on banks!
They all miss the point. What’s happening right now has nothing to do with hedge funds or free markets or pricing theory or any of that. What’s happening right now is another front in the major war taking place in institutions and countries across the world: It’s the elite versus the populists.
Wall Street has a long, storied history of viciously crushing short-sellers. It’s something of a local pastime. Just ask David Einhorn, who wrote an entire book on the industry’s efforts to destroy him for the crime of shorting the stock of a bank that was covering up the fact that a huge chunk of its loans were garbage and would never be paid back. The GameStop saga isn’t about the benefits, or evils, of short-sellers.
The real story is how “retail investors” — the industry term for regular people who day trade now and then or have a small brokerage account for retirement or to buy stocks every now and again for fun — figured out how to take down a financial leviathan. It’s not that Wall Street dislikes retail investors, it’s that Wall Street views them as little more than commission factories for the big brokerage houses.
Those rubes don’t know anything. They’re not sophisticated. They don’t have the credentials or pedigrees of the geniuses who simultaneously destroyed the housing market and economy in 2008. And they certainly don’t have the power to move markets.
It’s Wall Street’s job to move markets. It’s Wall Street’s job to tell people which stocks and bonds to buy, which conveniently just happen to be the same assets that the mega-banks are desperate to get off their balance sheets.
A bunch of trash, mortgage-backed securities based on mortgages that will clearly never get paid back? Just put them all in the same garbage bag, claim they couldn’t all possibly start to rot at once, and then demand that the ratings agencies whose salaries you pay stamp them not as trash, but as pure gold. Then, when magically all those bags of garbage start to stink to high heaven, why, then it’s time to demand that the federal government — funded by those retail investor rubes who will probably lose their jobs and homes and savings because of those bags of Wall Street’s garbage — bail every last one of them out.
See, retail investors don’t move markets. Until they do. Which, in the case of the Redditors bidding up GameStop stock, they did. And that cannot be tolerated. The whole GameStop saga isn’t about finance or politics. It’s David vs. Goliath, the have-nots vs. the haves, the underdog vs. the heavy favorite with the best talent and training and equipment money can buy. It is a perfect microcosm of the war between the populists and the elites, the individuals vs. the institutions, the people vs. the powerful.
A bunch of internet randos found a way to take financial advantage of a company that had backed itself into a corner. They banded together, executed the strategy, and made bank. They used the exact same rules and systems that Wall Street has used for decades to screw individual investors out of their money.
That was the Redditors’ real crime. Because that’s not allowed. You are not allowed to use the same set of rules for your own advantage.
The rules here are simple: Heads Wall Street wins, tails you lose. The institutions set the rules, not you. The elite, not the populace, will determine what is allowed and what isn’t.
Former President Donald Trump is not interested in forming a third party and pledges to remain involved in Republican politics. Suck it, Lincoln Project. (And by “it” I mean “your complete irrelevance” and not “the genitalia of teenage boys”…)
The great theme of the Trump years, the one historians will note a century from now, was the failure of America’s expert class. The people who were supposed to know what they were talking about, didn’t.
The failure began with the country’s top consultants and pollsters. Candidate Trump did almost everything lavishly paid political consultants would have told him, and did tell him, not to do — and he won. The most respected pollsters, meanwhile, predicted a landslide for Hillary Clinton. America’s best and brightest political adepts turned out to know very little about the elections they claim to understand.
Also during the 2016 campaign, an assemblage of top-tier academics, intellectuals and journalists warned that Mr. Trump’s candidacy signified a fascist threat. Timothy Snyder, a historian of Nazism at Yale, was among the most strident of these prophets. “Be calm when the unthinkable arrives,” he warned in a Facebook post shortly after the election. “When the terrorist attack comes, remember that all authorities at all times either await or plan such events in order to consolidate power. Think of the Reichstag fire.” Many experts stuck with the fascism theme after Mr. Trump’s election and throughout his presidency. That these cultured authorities couldn’t tell the difference between a populist protest against elite contempt and a coup carried out by powerful ideologues will go down as one of the great fiascoes of American intellectual history.
The fascism charge was only the most acute form of the claim that Mr. Trump was carrying out an “assault on democracy.” Some semantic clarification is in order here. When intellectuals and journalists of the left use the word “democracy,” they typically are not referring to elections and decision-making by popularly elected officials. For the left, “democracy” is another word for progressive policy aims, especially the widening of special political rights and welfare-state provisions to new constituencies. By that definition any Republican president is carrying out an “assault on democracy.”
Mr. Trump assaulted democracy in the ordinary sense of the word, but he did so only after the 2020 election. That effort was discreditable and disruptive, but it was also delusional and ineffective. It was not the assault the president’s expert-class critics had foreseen.
Perhaps those critics failed to understand Mr. Trump’s assault on democracy because they had carried out a similar sort of assault in 2016-18, with the support of the federal bureaucracy and the nation’s political and cultural elite. I’m referring to the Russia scare: the belief that Mr. Trump won only because his campaign “colluded” with agents of Moscow, and that his election in 2016 was therefore illegitimate. The theory made sense only if you couldn’t grasp the obvious reasons for Mr. Trump’s victory, namely that Hillary Clinton was a terrible candidate and that Obama-era progressivism had become sufficiently unpopular in the Midwest to throw the election to the nationalist candidate. Somehow it was easier for smart and accomplished people to believe that a TV celebrity and political neophyte with attention-deficit issues had entered into a diabolically ingenious pact with a foreign dictator in which the dictator helped him pick up just enough votes in the states he needed to win.
It took a 22-month investigation by a special counsel to establish an absence of evidence that Mr. Trump’s campaign had conspired with the Russians. America’s best minds and most influential leaders had spent more than two years obsessing over an idiotic conspiracy theory.
This spectacular failure of the expert class would have been impossible without the willing support of a credulous news media. That Mr. Trump won the presidency largely by denouncing the media should have suggested to leading journalists and media executives that something in their industry had gone badly wrong. Instead most of them took his rise as license to indulge their worst instincts.
Reporters treated every turn of events as evidence of Mr. Trump’s unique evil. They regarded every preposterous accusation put forward by his political foes as reasonable and likely true. The repeal of “net neutrality,” an Obama-era regulation on internet service providers, heralded the end of the open internet (it didn’t). The administration built “cages” in which to cram children of illegal border crossers (it didn’t). The president praised neo-Nazis as “very fine people” (he didn’t). His postmaster general was removing mailboxes to steal the election (an obvious lie). In retrospect, it was hardly surprising that so many Americans believed Mr. Trump’s fictitious claims about the election. Reports of his defeat, accurate though they were, meant little coming from news organizations that cared so much about discrediting him and so little about factual truth.
America’s foreign-policy elite didn’t perform appreciably better. For decades, they had insisted that peace between Israel and the Arab world was impossible without a long-term solution to the Israel-Palestinian problem. It was an axiom, no longer up for debate. Mr. Trump followed through on a promise long made but not kept by the U.S. government to recognize Jerusalem as the capital of Israel. Foreign-policy experts the world over predicted hellish payback from the Arab world, but the recognition went forward, the U.S. Embassy moved, and the payback consisted of a day’s worth of inconsequential protests.
Meanwhile the administration pressed ahead with a diplomatic push to strike commercial and diplomatic deals between Israel and Arab states. The United Arab Emirates, Bahrain, Sudan and Morocco announced they would establish formal relations with Israel, and Saudi Arabia may do the same. The foreign-policy clerisy, having been wrong about the central question of global diplomacy for the past four decades, predictably ignored these achievements.
In the few short days following the collapse of President Donald Trump’s attempts to bring evidence of electoral fraud to the attention of the state legislatures and the courts—not to mention the calamitous events of Jan. 6—the ascendant left has moved swiftly to capitalize on what has proved a stunning propaganda victory for them and neutralize their enemies on the right.
Forget the looting, burning, and general civil unrest at the hands of BLM and Antifa in cities across America last summer—for which next to no one has yet been punished, and which was widely cheered by both the mainstream media and Democrat politicians up to and including Vice President-elect Kamala Harris. That’s all ancient history now, replaced by the “insurrection,” the “armed riot” at the Capitol, the “worst attack on Washington” since the War of 1812, when the British burned the capital and the White House.
Of course, it was not. Unrecalled by the born-yesterday media, for example, is the 1954 attack by four Puerto Rican separatists on the House of Representatives, during which some 30 shots were fired and five congressmen were wounded; the terrorists were later pardoned by Jimmy Carter in 1979. Also forgotten: the bombings of the Capitol building and the Pentagon in the 1970s by the radical leftists of the Weather Underground, led by Barack Obama’s buddy William Ayers.
George, where you make a mistake is that people coming from the liberal side like you, you immediately say everything’s a lie instead of saying there are two sides to everything. Historically what would happen is if said that I thought that there was fraud, you would interview someone else who said there wasn’t. But now you insert yourself in the middle and say that the absolute… fact is that everything that I’m saying is a lie…. Let’s talk about the specifics of it. In Wisconsin, tens of thousands of absentee votes had only the name on them and no address. Historically those were thrown out, this time they weren’t. They made special accommodations because they said, oh, it’s a pandemic and people forgot what their address was. So they changed the law after the fact. That is wrong, that’s unconstitutional. And I plan on spending the next two years going around state to state and fixing these problems and I won’t be cowed by liberals in the media who say, there’s no evidence here and you’re a liar if you talk about election fraud. No, let’s have an open debate. It’s a free country.
The global semiconductor shortage is still slamming the auto industry. Tempted to do a separate “explainer” post about how the cyclical nature of the semiconductor industry and how hard it is to add capacity.
The order, which is the first the governor has signed since October and the first non-coronavirus related order since the pandemic began last year, directs agencies “to use all lawful powers and tools to challenge any federal action that threatens the continued strength, vitality, and independence of the energy industry.”
“Each state agency should work to identify potential litigation, notice-and-comment opportunities, and any other means of preventing federal overreach within the law,” it states.
“And when they do that,” added Abbott during the press conference, “that will arm Texas to be prepared to fight back.”
The governor called the order “a homework assignment for every state agency in Texas.”
It will be swell to see democrats squander tens of millions of dollars on a race they can’t win yet again…
“State Rep. Bryan Slaton filed an amendment saying that the Legislature should bring a vote to the floor to abolish abortion before it votes to ceremonially change the names of highways or bridges.”
Netflix goes full social justice warrior, inks deal with Ibram X. Kendi. If you didn’t cancel your subscription over Cuties, now would be a good time to do so. (Hat tip: Blog reader David Rainwater.)
Proof that letting biological men compete in women’s sports is a bad idea. Top male high school athletes routinely beat female Olympians.
The Lamb and Flag, once frequented by the likes of Lord of the Rings author J.R.R. Tolkien and his friend C.S. Lewis, who wrote The Chronicles of Narnia, has suffered a disastrous loss of revenues since the start of the pandemic.
It first opened in 1566 and moved to its present location on St Giles, a broad thoroughfare in the city centre, in 1613. It is owned by St John’s College, one of 45 colleges and private halls that make up the University of Oxford.
“Until the San Francisco Unified School District board stripped Dianne Feinstein’s name from one of its public schools, we were unaware of the Senator’s service to the Confederacy.”
On one side of the fight are the hedge fund managers. These guys are good-hearted regular folks living out the American dream by manipulating markets so that companies will fail and they can buy another desperately needed yacht.
On the other side are a bunch of Cheeto-stained Redditors who are dangerously manipulating markets to try to make money. These guys obviously weren’t informed that the stock market was only for rich people to make money. They’re probably Nazis and alt-righters too.
“Biden All-Female Communications Team Won’t Tell Nation What’s Wrong, Nation Should Already Know.” “It’s fine. Everything’s fine. Nothing’s wrong, OK!?” said Jen Psaki in her first press conference as a part of Biden’s team. “Why would you think I’m not fine? Ugh… if you have to ask, I’m not going to tell you.”
Seldom has Wall Street moved so blatantly and illegally as they have today to crush the retail investors carrying out the GameStop Short Squeeze. This is a fast-moving story, so here are a few highlights from today’s developments:
The Robinhood trading platform has halted trading of stocks noted for being shorted by hedge funds:
Robinhood won’t allow purchases of $AMC, $BB, $GME – ONLY SALES. This is a brazen market manipulation to disadvantage small investors & help big hedge funds like Melvin who shorted these stocks.
If this is true, and it applies to cash-purchased shares and not those bought on margin (a margin call is a different type of beast), then the leadership of Robinhood should be arrested and charged with embezzlement and grand larceny, no matter what their EULA claims they can do.
Short sellers reportedly sustained losses of $70 billion so far in 2021. (Hat tip: Daddy Warpig.)
Sean Davis explains that Wall Street insiders have simply decided that the vile peasants must not be allowed to win:
What’s happening right now is Wall Street realizing that retail investors, whom Wall Street mocks as nothing more than dumb commission factories for big brokerages, actually have some power that Wall Street believes it has a divine right to wield. That cannot be allowed. (2/x)
Wall Street, you see, is allowed to make money no matter what. That was the lesson of 2008. Who cares that it’s Wall Street who destroyed the housing market/economy by lying about the risk of their garbage mortgage derivatives? They were entitled to bailouts. (4/x)
So don’t get conned by those claiming hedge funds are just trying to protect the markets and price transparency and efficiency and blah blah blah. This is a war between corrupt institutions and normal people, and the institutions simply will not allow the normals to win. (6/6)
The #RobinHood scandal reminds me of when millions of Americans organized to flee Facebook & Twitter for Parler—and then a bunch of crooks (Google & Apple) shut it down by pretending that the competition was illegal.
Wall Street & Big Tech are criminal, colluding enterprises.
Literally the world's dumbest fucking people – the absolute dumbest, can't get dumber – are those who don't just claim but really believe Wall St. firms pay powerful politicians gigantic sums for banal 45 minute speeches because they want their wisdom rather than their servitude: https://t.co/fP4DbJKMei
Eric Weinstein’s exegesis on the expansion of wrestling’s kaybafe to the political world may also apply to Wall Street. “Were Kayfabe to become part of our toolkit for the twenty-first century, we would undoubtedly have an easier time understanding a world in which investigative journalism seems to have vanished and bitter corporate rivals cooperate on everything from joint ventures to lobbying efforts.” If all of Wall Street is in on a con game against ordinary investors, and is willing to blatantly break the law to keep any insider from being trounced by mere peasants, then we no longer have anything resembling a free market in stocks. And if Wall Street is running a crooked game rather than a free market, then conservatives are no longer obligated to protect Wall Street. Too cynical? Possibly. But it isn’t a hypothesis we can reject out of hand.
if Dogecoin is up 500%, now I want a more obscure cryptocoin to speculate on…
What really gives me pause is this: Everyone in the world was paying attention to the GameStopo short-selling shenanigans the last few days, and they’re still blatantly, and nakedly, trying to illegally rig the system, even though they’re in the wrong, and even though everyone is watching. If they’re willing to so blatantly break the law with everyone watching, what sort of crimes are they getting away with when we’re not watching?
When one looks at a situation like Monday’s insanity-fueled, retail induced short squeeze across the board, one must ask: who are the government officials that have allowed this to happen and what have they been doing during the time they should be regulating such multiple-sigma market absurdities?
Allow us to offer a partial answer. If you were Nancy Pelosi and her husband, you were buying call options in names like Apple, Tesla and Disney. That’s what a new disclosure, detailed in Barron’s, revealed late last week.
Paul Pelosi purchased LEAPS in Tesla, Apple and Disney and shares in AllianceBernstein on December 22, the disclosure revealed. In other words, it’s not just clueless retail Robinhood investors that are speculating; it’s also clueless politicians.
He purchased 100 $100 strike Apple calls that expire in January 2022 and paid between $250,000 and $500,000 for them. He also bought 25 in the money Tesla calls, selecting the $500 strike calls with a March 2022 expiration, according to the report. Those cost between $500,000 and $1 million. Finally, he bought between $500,000 and $1 million in Disney options, buying 100 calls at a $100 strike that expire in January 2022.
He also “paid $500,001 to $1 million for 20,000 shares of global investment firm AllianceBernstein,” putting his average price around $33.37.
Obviously, the call option purchases are worth noting – not only because they are leveraged investments and are far more risky than buying outright stock – but because the Speaker now clearly has a vested interest in the success of names like Tesla, whose trajectories as public companies can be altered drastically by government decisions.
With the Pelosi family so heavily invested in the success of those companies, do you think Pelosi would allow any legislation that would adversely affect those companies to move forward in the House?
Remember all those Democrat howls of outrage about Donald Trump’s conflicts of interest? They weren’t serious.
Any politicians really interested in eliminating corruption would push for strong blind trust legislation for all members of congress and immediate family members. None seems to be. Insider trading, corruption and self-dealing seem to be largely bipartisan interests.
As an objective observer, this is probably good news for the Austin economy, since both Apple and Tesla are building huge facilities here…
Some New Mexico officials are now trying to defend themselves by saying they didn’t anticipate the new President would issue such a ban, but such protests ring rather hollow given that they most assuredly did understand that Biden plans to move ahead with his fracking ban, which would for all intents and purposes have the same effect. After all, virtually 100% of the drilling activity in southeast New Mexico targets the various shale formations in the Delaware Basin, and all shale wells require a frac job in order to be productive. Thus, a ban on fracking is the same thing as a ban on leasing and drilling.
Total job losses for all of Biden’s anti-energy policies could add up to 1 million jobs. (Hat tip: Director Blue.)
in Texas, where small, independent operators play a significant role in oil production, Biden’s policies could pack more of a punch.
Among Biden’s policy proposals:
Required disclosure of climate risks from public companies.
A commitment to end new drilling permits for federal lands.
A pledge to eliminate tax subsidies for the oil and gas industry.
“To the extent that there will be effects, those effects would be felt primarily by smaller producers,” said Sheila Olmstead, professor of public affairs at the LBJ School of Public Affairs at the University of Texas. She served as the senior economist for energy and the environment at the President’s Council of Economic Advisers under President Barack Obama.
Why settle for low-cost, reliable energy sources that provide high-paying, blue collar American jobs when there’s so much virtue signaling and graft to be had in Green New Deal pork?
Greetings, and welcome to another Friday LinkSwarm! Looks like I may have to start doing BidenWatch again, given all the stupid things the newly ensconced Biden Administration has been up to…
US government debt now stands at $20 trillion, or roughly 100% of GDP. This should be a concern, but Democratic economists are not worried. A much-discussed November 30 paper by former Treasury Secretary Lawrence Summers and former Council of Economic Advisors Chairman Jason Furman suggests that Democratic thinking has veered into the paranormal, with an emphasis on levitation. Governments will be able to borrow and spend as much as they want for whatever purpose they want, the authors argue in so many words, and interest rates will remain low forever.
As Washington Post editorialist Charles Lane commented Dec. 7, “Far from burdening future generations, governments have a golden opportunity to fund long-standing needs by borrowing for investments in future prosperity—the list includes child care, early education, job training and clean water.”
The argument so easily refuted by casual reference to the facts that it takes a doctorate from Harvard (which both Summers and Furman hold) to suspend disbelief in the obvious. The authors aver:
We note that with massive increases in budget deficits and government debt, expansions in social insurance, and sharp reductions in capital tax rates, one would have expected to see increasing real rates if private sector behavior had remained constant. We suggest that changes in the supply of saving associated with lengthening life expectancy, rising uncertainty and increased inequality along with reductions in the demand for capital associated with demographic changes, demassification of the economy, and perhaps changes in corporate behavior have driven real interest rates down. This characterization is rather like Hamlet without the Ghost, for the ghost in the interest machine during the past decade has been the Federal Reserve Board’s multi-trillion-dollar purchases of Treasury and agency securities. Summers and Furman do not mention this in their 50-page excursus.
Today, President Biden doubled-down on critical race theory in the federal government.
In response, I am announcing a new coalition of legal foundations and private attorneys that will wage relentless legal warfare against race theory in America's institutions.
Thomas Zimmerman, who will serve as a Special Assistant to the President for Presidential Personnel under Joe Biden, formerly served as a visiting scholar at what the FBI has called a “front group for Chinese intelligence collection and overseas spy recruitment,” The National Pulse can reveal.
While at New York University’s Center on International Cooperation, Zimmerman also served as a fellow at the Shanghai Academy of Social Sciences, flagged by the Federal Bureau of Investigation (FBI) for its close ties to the Chinese Communist Party’s top spy agency, the Ministry of State Security.
The Shanghai Academy of Social Sciences (SASS), which the FBI views as a “front group for Chinese intelligence collection and overseas spy recruitment,” was involved in a 2019 criminal case involving a retired Central Intelligence Agency (CIA) operative selling classified U.S. defense documents to China.
The operative, Kevin Mallory, was contacted by a SASS official via LinkedIn to begin the relationship that culminated in a 20-year prison sentence for Mallory.
It must be understood that Critical Social Justice is an administrative and bureaucratic ideology by its very design. It was formulated by activist academics to train not just activists but, very specifically, either people who will go on to produce the culture industry (like in media and arts) or who will become administrative bureaucrats where they can produce a kind of unaccountable policy that we find in HR departments, where pushback is irrelevant unless it’s from the top down. These sorts of people dream of positions not specifically of power and influence, like the presidency, but of training and administrative roles where they will receive relatively little scrutiny or opposition while they engage in their favorite activity of all: telling other people what to do, not directly, but through a shield of very official and institutionally binding paper.
For any of his late and thin comments about the violence that has rocked our streets for the last half of this year, Biden has given us absolutely no indication that he’s going to resist any of this bureaucratic totalitarianism. In fact, he’s done the opposite, using the language of the ideology, like saying he has a “mandate” from the voters (in an election that hasn’t yet even been decided, two weeks later) to take on “systemic racism,” and tapping individuals like Mehrsa Baradaran (who believes in full reparations) for the Treasury Department and Margaret Salazar (whose focus is on “cultural responsiveness”) for Housing and Urban Development. These come among roughly 500 more appointments to his administrative bureaucracy—so far—who allegedly express a commitment to racial justice, in line with precisely the racial equity programs touted by Biden and Harris on their campaign and now transition websites. In few domains has it been signaled that this will be more powerfully considered than in public health and the Covid-19 response, which Biden has already indicated will lead to a permanent position: “At the end of this health crisis, it will transition to a permanent Infectious Disease Racial Disparities Task Force,” we’re told on the Covid-19 priorities page on Biden’s “Build Back Better” transition site.
This renders Biden and, perhaps, Harris largely irrelevant to the “Woke” impacts of their election. They are, if you’ll accept the metaphor, “not the room.” These administrators are the room. Biden (and Harris, maybe) can be as moderate as moderate gets, and if even a modest fraction of the administrators in key departments favor the Critical Social Justice style of policy, that’s most of what we’ll get. So far, we have reason to suspect that at least an eighth of Biden’s administrative apparatus will be in that vein, including in key and powerful sectors like public health—to say nothing of apparatuses like the FBI.
Tulsi Gabbard reveals why congress won’t attempt to reign in Big Tech:
"It goes to money… Google will have a big reception, members of Congress will go, and then they'll pick up their checks."@TulsiGabbard explains why Congress has failed to act on big tech censorship pic.twitter.com/i7TOJYQ7lv
He was made a martyr. Yes, die-hard anti-Trump Democrats always would hate him, and die-hard pro-Trump Republicans would love him no matter what. But the great American center, comprised of reasonable Democrats and Independents, flocked towards Trump during and after the prior impeachment. They saw he was being railroaded.
He now is being railroaded again. We still all are trees inside the forest, lacking the broader perspective that time will afford. Right now tensions are too high for people to step back a moment and to gauge objectively. But that is only today. The Democrats irresponsibly have just done something that perhaps is all but unprecedented in American history: they charged, tried, and convicted a person — the impeachment phase of the political drama — in less than a day. If impeachments are meant to be fit in during a coffee break, why did the last one drag on so long? Why did Clinton’s and Johnson’s? Last year’s annual Trump impeachment took weeks of testimony from witnesses all over the place. Remember their names — all your favorites — from last time? Kurt Volker. Marie Yovanovitch. Fiona Hill. George Kent. Gordon Sondland. Bill Taylor. Laura Cooper. Alex Vindman. His medals. Catherine Croft. It went on and on and on. If they had not shut it down for Christmas, Kato Kaelin would have been next.
But this time it was Darkness at Noon: instead of pretending honesty, Pelosi and her Democrats did the impeachment as Josef Stalin conducted his show trials in the Soviet Union: first declare the guilt, then type up some charges, and then vote to convict without so much as a meaningful hearing. She did not even bother with the souvenir pens — presumably just ink-refill cartridges this time.
“City councilman in Louisiana arrested for election fraud.” “Louisiana Attorney General Jeff Landry and Secretary of State Kyle Ardoin Thursday morning announced their offices have arrested an Amite City Councilman on eight counts of election fraud. Emanuel Zanders, III is accused of submitting voter registration applications that are known by the person to be materially false, fictitious, or fraudulent.” I know you’ll be shocked to learn he’s a Democrat.
As COVID-19 settled into its new home in NYC, my local coffee shop closed, my gym shuttered, I lost my job at SUNY, and everything I loved was temporarily put “on pause.” A term that nine months later now feels like a cruel joke. None of us knew what we were facing back in March, or how long it would last. The streets became quiet, the city became still. All the sounds, the familiar faces, the busy restaurants, the daily rituals, the very pace of our existence slowed to a full stop. The silence was deafening.
The homeless and mentally ill flourished in my Chelsea neighborhood overnight. Many residents fled our beloved city to safer suburbs and second homes. After a night in the West Village where I saw men looting cars, and a gunpoint robbery happen by the West 4th train station, I no longer felt comfortable here. I decided that I couldn’t abide the lawlessness and my first pandemic at the same time, so I spent the first wave of the pandemic upstate in a guest room at my family’s house, where at least I didn’t have to worry about the crime.
After spending three months in quarantine upstate, I decided it was time to start putting my NYC life back together. The idea of suffering through this time with my closest friends felt like a step in the right direction. Even if we didn’t have our bars and restaurants for an undetermined amount of time, at least we’d have each other.
I imagined my summer would be filled with long walks, bike rides on the West Side Highway, and small gatherings on rooftops. I imagined we’d get over COVID and that the energy of the city would come back slowly over the next six months. I was optimistic, loved my city and loved my life here with all my heart. I hopefully assumed most New Yorkers had the same feelings I did. And then the riots happened.
The dark tone of daily life here now seems permanent. For months after the riots, stores in my area were still being burglarized. The helicopters were so close they would shake my top-floor apartment all night. In peak summer there were always two or three homeless people on both sides of every street in my area. Every aspect of my life became about avoiding them and staying far enough away from anyone who might attack me. Someone broke into my building one night but fled when they accidentally set off the alarm on the roof. The whole summer felt like living in a war zone.
Dating used to be a pleasure for me, but during my summer in Chelsea there were so many stabbings and robberies within one block of my apartment, I no longer felt comfortable making plans that involved meeting anywhere. I’d walk to get coffee in the morning and get harassed and threatened by homeless people every day.
Six months after NYC’s first wave of riots, I was clearly wrong about my hopes of returning to the fast-paced yet wonderful life that I once loved.
The City of Houston wants to regulate your homes for looks. “Everything from what color you paint your home, to whether you put shutters on your windows, would be subject to government control.” Nuts to that.
In the end, it was not the British deep state, Darwinists, Jews, Freemasons or any of the sinister cabals that Adnan Oktar long railed against that defeated him. It was the Turkish judiciary.
On Monday, the notorious 64-year-old preacher, often referred to in salacious headlines as a “sex cult leader,” was sentenced to 1,075 years in jail for crimes including sexual assault, sexual abuse of minors, fraud, and attempted political and military espionage.
It marks the end of a long and bizarre career for the preacher, television host, author and filmmaker.
Beginning his career in the 80s as a firebrand orator, railing against Jews, Freemasons and Charles Darwin, he later became (in)famous for his shows on Turkish TV, in which he would discuss Islamic principles while scantily clad women with bleached blonde hair danced around him to popular music. These women Oktar referred to as his “kittens”.
Skipping over a lot, including the bit where he went from being a Holocaust denier to being a supporter of building the Third Temple in Jerusalem.
In July 2018, Oktar was arrested on a number of charges, including forming a criminal organisation, sexual abuse of children and sexual assault.
According to the Istanbul chief prosecutor’s office, he was caught while attempting to run away from the arresting officers. As he was led away, he told journalists that the charges were a conspiracy by the British deep state.
“They are thinking of covering the whole region with Christianity. They targeted me because they saw me as the effective inhibitor of this game,” he would later say in court.
Though “the British deep state” has yet to officially comment on the case, many have questioned the timing of Oktar’s arrest, considering accusations against him dated back decades.
In 1999, Oktar and a number of associates were arrested and charged with using threats for personal benefit and creating an organisation with the intent to commit a crime. A Turkish prosecutor listed a number of companies tied to BAV, which was accused of using blackmail and sex traps to generate revenue. The legal process against Oktar and BAV lasted two years, during which the majority of the complainants retracted their claims.
In the case file during his most recent trial, prosecutors presented an array of photos depicting sexual acts involving members of the organisation purportedly taken secretly at Oktar-owned properties for the purpose of blackmail. It also revealed WhatsApp messages involving male and female members of the group, in which they were given instructions to get used to anal sex.
Yuksel told MEE that he was aware of a number of senior politicians who had been involved with (or had relatives involved with) Oktar and were compromised by their association with him. However, he declined to offer any names.
In October 2017, the University of Texas at Austin announced that it had signed a new memorandum of understanding with the China University of Petroleum, a school directly affiliated with the Chinese Ministry of Education.
According to a statement released at the time by the Texas Bureau of Economic Geology, the agreement would “encourage academic cooperation through research and study in furtherance of the advancement of learning.”
But in October 2020, the U.S. Department of Education released a report critical of such foreign entanglements, specifically deeming contracts with China University of Petroleum a security risk.
“Academic research regarding oil and gas extraction should not be considered separate from the Chinese government’s geopolitical ambitions,” the Education Department report reads, adding, “China’s largest oil companies are state owned and dominate China’s oil market, so this could cross paths with Chinese government endeavors.”
