The Fed goes Volcker, more Welcome Back Carter cosplay, Big Yellow moves to Texas, and Florida Man makes a run for the ocean.
FYI, Blue Host has been acting weird today, giving errors when you tried to save, even though everything appears to be there upon reloading. (Shrugs.)
Fed hike rates 75 basis points. The attempt to Volckerize inflation during the Biden Recession has begun.
Speaking of St. Volcker, there were a lot of other factors that helped kill inflation in the early 1980s:
Oil was one of the primary causes of the 1970s inflation and everyone remembers the oil crisis. During the decade, oil ran all the way from $2 to $39. However, the flipside to this story is that with a lag, high oil prices will eventually incentivize production. The issue was that the US specifically disincentivized US producers and importers. Ronald Reagan signed an Executive Order in January of 1981 to eliminate oil price controls and then removed Jimmy Carter’s idiotic Windfall Profits Tax a few years later. As expected, global production expanded rapidly and with the removal of price controls, that production flooded into the US. By the middle of the decade, despite repeated production cuts by OPEC, there was a global glut of oil and by 1985, oil had collapsed all the way to $7. It wasn’t interest rates that made oil decline, it was government policy on the deregulation side, along with rapid production increases from non-OPEC countries.
President Reagan’s Economic Recovery Tax Act was signed into law in August of 1981, designed to reduce tax rates and incentivize investment by rewarding risk-taking by businesses. In particular, the Accelerated Cost Recovery System served to accelerate depreciation, reducing taxes for those that invested in productive capacity. Once again, government policy, not interest rates led to an increase in investment and ultimately supply, helping to tame inflation.
It wasn’t just Reagan working on de-regulation; The Staggers Act of October 1980, deregulated the railroads, The Motor Carrier Act of July 1980, deregulated the trucking industry, and the Airline Deregulation Act of October 1978 effectively deregulated transport industries. The net effect was dramatic price competition, better ability to invest and innovate, and the ability to eliminate unprofitable business that was funded by profitable business. Almost immediately after passage, pricing for transport services collapsed and the ease of transporting goods expanded.
Organized labor was also dealt a near-fatal blow when Reagan fired the air traffic controllers in August of 1981. This may have reduced the wages for a generation of middle-class workers, but it sure wasn’t inflationary. It also accelerated the decline of unions which had already peaked out as a percentage of workers. More importantly, it reduced the militancy of unions and took the teeth out of their ability to disrupt businesses, leading to better efficiency and lower costs for consumers.
At the same time, when it comes to macroeconomics, demographics equals destiny. In this case, Volcker simply got lucky. Think of the Baby Boom generation, the last of whom was born in 1964. By 1982, these last Boomers hit 18 and started joining the workforce. The eldest Baby Boomers, born in 1946, were already 36 by then. Look at the massive increase in workers starting in the late 1970s and into the 1980s, which tamped down wages and tamed inflation—especially as female participation in the workforce expanded dramatically. This added labor slowed a key component of the inflation.
The Biden Administration looks capable of pursuing none of those policies, and the Baby Boomers are starting to retire…
How did we get here? Well, in addition to those SUPERgeniuses in the Biden Administration, decades of deficit spending, and loose Fed money printing, there’s the Flu Manchu lockdowns.
For weird reasons, some people, many people, imagined that governments could just shut down an economy and turn it back on without consequence. And yet here we are.
Historians of the future, if there are any intelligent ones among them, will surely be aghast at our astounding ignorance. Congress enacted decades of spending in just two years and figured it would be fine. The printing presses at the Fed ran at full tilt. No one cared to do anything about the trade snarls or supply-chain breakages. And here we are.
Our elites had two years to fix this unfolding disaster. They did nothing. Now we face terrible, grim, grueling, exploitative inflation, at the same time we are plunging into recession again, and people sit around wondering what the heck happened.
I will tell you what happened: the ruling class destroyed the world we knew. It happened right before our eyes. And here we are.
Last week, the stock market reeled on the news that the European Central Bank will attempt to do something about the inflation wrecking markets. So of course the financial markets panicked like an addict who can’t find his next hit of heroin. This week already began with more of the same, for fear that the Fed will be forced to rein in its easy-money policy event further. Maybe, maybe not; but recession appears impending regardless.
The polling error for the 2020 election was roughly 4% nationwide, the largest in the last 40 years.
Fast-forward to today. Inflation is 8+ percent, the price of food and gasoline is way up, crime is up, there is a nationwide shortage of baby formula, and don’t get me started on the border crisis. Yet Joe Biden’s job approval is close to 40% positive. That means almost four out of every ten Americans think Joe is doing a good job if you believe the RealClearPolitics average. And I don’t.
Snip.
If the polls are overestimating approval numbers for Biden and other Democrats, how bad is it? The political climate today is different since the 2020 election, but the Democrat poll bias seems intact, which was 4% nationwide. Since nonresponse bias, 4%, and registered voter bias, 2.6%, should be mutually exclusive, we can add them together. This gives us a total Democrat bias of roughly 6.5%
What does this mean? Until pollsters switch to sampling likely voters right before the election, you can subtract a solid 6 percent from Joe Biden’s approval numbers. And if nothing changes before the election, any Democrat who leads by 3 percent or less is likely to lose.
Texas Attorney General Ken Paxton is enjoying a victory against a Biden administration policy that has allowed illegal aliens to cross the southern border without consequence.
In 2021, President Joe Biden’s Department of Homeland Security issued a rule giving immigration law enforcement officials the power to decide whether or not to detain illegal aliens who attempt to cross the border (in contradiction to federal law, which says they must all be detained).
This policy caught the attention of Texas Attorney General Paxton and Louisiana Attorney General Jeff Landry, who sued to stop the rule change, arguing that Biden was violating federal law when refusing to take custody of criminal migrants.
Paxton bashed President Biden, arguing that the policy was contrary to federal law and was instituted without following the proper procedure. Over a year since the original lawsuit was filed, a federal judge issued a ruling against the Biden administration on Friday.
Federal District Judge Drew Tipton said in his decision that the rule was “an implausible construction of federal law that flies in the face of the limitations imposed by Congress.” Tipton added, “Whatever the outer limits of the authority, the executive branch does not have the authority to change the law.”
After a legal fight lasting almost a year, Texas judges ruled a final judgment banning Biden’s detention-discretion rule.
Speaking of Musk: Several snowflakes working at SpaceX circulated a letter calling Musk “an embarrassment” and demanding the company be more “inclusive.” Result: He fired their ass. Good.
San Antonio symphony orchestra shuts down and files for Chapter 7 bankruptcy. “The last bargaining session between the Symphony Society and the Musicians’ Union took place on March 8, 2022 after which the Union declined to return to the bargaining table, despite efforts of federal mediators and the Symphony. The Musicians’ Union has made it clear there is no prospect of the resumption of negotiations, absent the Board agreeing to a budget that is millions of dollars in excess of what the Symphony can afford.” (Hat tip: Dwight.)
Lefty sorts are always whining that other countries have high speed rail networks and we don’t. Many point to China’s extensive network of high speed rail as what we should be doing.
Tiny problem: China’s high speed rail network is a giant, unprofitable sinkhole of $1.8 TRILLION worth of debt.
Some take-aways:
The average operating loss for the system is $24 million per day.
The official amount for China National Railway debt for high speed rail is $900 billion, but since roughly half of the debt comes from local governments, the total is probably closer to $1.8 trillion.
For comparison sake, $1.8 trillion is about South Korea’s entire yearly GDP.
“Shanghai, the richest city in China, has a total GDP of $600 billion in 2020, which means that even the whole year of Shanghai’s GDP won’t be able to cover the debt of China National Railway.”
It’s extensive: 37,900km, nearly double the length from 2015.
Return on high speed rail investment is only about 2%, and the bulk of bond payments for loans are coming due over the next few years. “Cash flow from railway transportation revenue isn’t enough to cover the operating costs, let alone the ability to pay the debt and interest.”
Local government debt levels are around 100%.
“More than 85% of the funds raised through urban investment bonds are earmarked for repaying old debts with new ones.”
Even the most profitable high speed rail stretch, Beijing to Shanghai, only earns a return on investment of 5%.
Japan’s successful high speed rail network serves three metropolitan areas (Tokyo, Nagoya and Osaka) that have 55% of that nation’s population.
“A professor at the School of Economics and Management of Beijing Jiaotong University concluded that the operating costs are only just covered when the transport density of a high-speed rail line reaches 36 million passenger kilometers per kilometer. In China the average transport density is only about 17 million passenger kilometers per kilometer.”
High speed rail can’t transport heavy freight.
“The Lanzhou Uramuchi HSR in western China can run more than 160 trains per day. In reality, this route only runs four trains per day.”
High speed rail occupancy rate is only 30%, and is still too expensive for most Chinese to use.
High speed rail construction has squeezed out much-needed construction of regular rail. “China’s rail freight capacity can’t meet market demand. China’s market share of road freight turnover has risen rapidly to 49% market share in 2016.” China rail has jacked up freight costs to make up for losses on high speed rail.
China’s freight trucks get overloaded all the time.
China’s containerized shipping accounts for 40% of global trade, but “the proportion of China’s sea rail intermodal transport volume in 2017 was only about 2.5 percent.” 84% of port containers go out by road.
So why all the money poured into high speed rail? Opportunities for corruption.
Officials see the high-speed rail project in which China is involved as a lucrative opportunity. China’s former minister of railways, known as the father of high-speed rail, was sentenced to death for corruption. Emerging industries such as high-speed rail, which offer both substantial commercial value and political achievements for local officials, have enormous room for corruption. In a systemically corrupt environment white elephant projects, that is a large project that falls significantly short of its goals, and the costs of upkeep outweigh its usefulness, are favored by many officials and businessmen looking to make a fortune. The vast majority of high-speed railways around the world can’t make ends meet on passenger revenues alone to cover their construction and operating costs. Most operate at a loss.
In light of all that, why do American leftists keep complaining about America’s lack of high speed rail? Simple: It’s the corruption, stupid. High speed rail construction offers boundless opportunities for graft and corruption, and refusing to build any keeps them from getting their snouts into another giant trough of taxpayer money…
(I didn’t expect this past week to become a string of “China’s economy is smoke and mirrors all the way down” posts, but I keep running into more examples.)
Here’s another entry for the “China’s economy is smoke and mirrors all the way down” file. Remember the previous story on the mountains of unused bikes for failed Chinese bike-sharing startups? Well, evidently the exact same thing happened with “green” cars:
The mechanics of the scam:
First they put together a down payment, order a batch of vehicles, and license them at a vehicle administration office.
Then they contact government officials, present the vehicles in their hands and apply for permission on the grounds that they are operating an online car sharing business.
The third step is to get the government’s permission, then go to the bank to get a loan.
The fourth step is to find a financer and present the vehicles and the government papers to secure some venture capital from the financer.
Last mortgage the vehicles to some smaller financial institutions to squeeze out their final value.
After all these steps are completed, the scammers disappear. The bank, the financer and the small financial institution are left with triangular disputes while the vehicles rot somewhere in the wilderness.
More takeaways:
China offers subsidies for new “green” cars.
Lots of these subsidized cars are bought by ride-sharing startups…
…that just happen to be subsidiaries of the the Chinese car companies manufacturing the cars being subsidized. (Presumably these are different companies than the pure scammers, but who the hell knows?)
Despite not being used, many have new license plates and up-to-date inspections.
Though there are minimum mileage requirements to get the subsidies, the businesses (in best Chinese fashion) just falsify the data.
“Especially the electric cars produced in previous years, the battery has a short range and the performance declines quickly. It’s worthless. At present it costs more to replace a new battery than the value of the old car.”
Most insane of all: China’s communist government required scrapping vehicles after 10 years or 100,000 kilometers. How’s that for “green”?
They later revised this to 15 years with annual inspections, then revised it again to a maximum of 600,000 kilometers.
And, of course, you can bribe inspectors to pass the inspection.
Green subsidy scams and failed startup detritus is hardly unknown in the U.S. (witness all those electric scooter sharing startups that are just now starting to go bankrupt), but China’s corner-cutting, get-rich-quick mentality combined with green government subsidies, interlocking corporate ownership, the usual Chinese scam artists and loose, bribe-able enforcement at various levels of Chinese government all combined for an especially appalling mountain of waste.
Russia’s invasion of Ukraine grinds on (but Ukraine launches a successful counterattack), Joe Biden said Democrats are responsible for inflation and ignoring the needs of the middle class, Rand Paul gets pissed, ESG is officially a great big fraud, more shenanigans from Soros-backed DAs, and debunking a Victorian vibrator myth.
Russia’s invasion of Ukraine is 100 days old. While Russia continues to grin forward on some fronts in Donetsk, Ukrainian forces seem to have taken back part of Severodonetsk while also making some gains in the south. Caveat for that link in that this Ukrainian guy’s shtick is tracking day-to-day map movements without a lot of tactical depth. So: Grains of salt may be in order. (Update: More successful Ukrainian counterattacks near Severodonetsk at Metolkine. Same guy, same caveats…)
In a speech on the Senate floor Friday, Rand Paul blasted efforts by Democrats to paint up all law enforcement officers and those in the military as dangerous radical racists.
Paul was addressing The Domestic Terrorism Prevention Act of 2022, blocked by Republicans in the Senate, that demands the FBI and Department of Homeland Security change the way they investigate and monitor domestic terrorism suspects.
The official summary of the bill notes that an “interagency task force” would be established in order to probe into “white supremacist and neo-Nazi infiltration of the uniformed services and federal law enforcement agencies.”
“This bill should be called by a more accurate name: the Democrat plan to brand our police and soldiers as white supremacists and neo-Nazis,” Paul proclaimed.
He continued, “How insulting,” adding “We knew that Democrats despise and want to defund the police, but now, they believe that the police, federal law enforcement, and the U.S. military are full of white supremacists and neo-Nazis?”
Referring to the now mothballed ‘Disinformation Governance Board’, Paul also noted “Those of us who still care about the Bill of Rights just got done taking down the DHS ‘Ministry of Truth,’ and a day later, Democrats want to create the DHS Thought Police. You couldn’t make it up if you tried. But they don’t stop there.”
“The bill creates two other Thought Police offices at the Department of Justice and at the FBI, which seems like a self-defeating choice, since elsewhere in the bill, we are told that federal law enforcement is shot through with white supremacists and neo-Nazis,” Paul urged.
The Senator also noted that “None of the bill makes sense. It doesn’t make sense because it was a bill that was never intended to become law. It’s a dumb, Washington talking points memo masquerading as legislation.”
“But congressional Democrats have gotten so radical, so extreme, and so out-of-touch with the American people that when they read it, they see something worthwhile,” he added.
Paul concluded that “This bill will fail today because the Democrats’ message — hate the police, defund the police, slander the military and police as racists and white supremacists — has been roundly rejected by the American people.”
The bill failed to pass, but 47 Democrats voted for it…
A bunch of kids are being murdered by some semi-human, so what do you do? Draw your weapon and put him down or die trying? Or do you sit there, doing nothing?
The same government we’re supposed to give up our guns to because they have it all under control chose Option B. It chose failure.
Tell me more about how the real problem is that we have the capacity to defend ourselves.
But the real problem, to our enemies, is not that murderers murder. The real problem, to our enemies, is the very fact that we can defend ourselves. The objective of our trash elite is not to have a country that runs well, where people are secure, and where rights are respected. The objective is to rule. And if a bunch of kids die for that, they’re fine with it. They can live with failure, but not accountability.
The clusterfark in Uvalde is just a symptom of a much bigger pathology. It is a symbol of the failure of every institution in our society. And the solution is never to revamp the institutions and eject the parasites heading them. It’s always – always – to take power from us and give it to the people who screwed up in the first place.
“The Democrats lost an election they never expected to lose. They basically lost to a reality TV show host when Hillary Clinton had all the backing of the establishment in the world. And instead of asking, what is it about our ideology that ruled the country for eight years, that drove people away from us into Donald Trump’s arms, they instead decided they were going to blame everybody else,” he said.
“The Democrats simply replaced Trump with the same ideology they governed with for 8 years under Obama that caused people to run away from them as fast as they could,” he said. “And now that people are doing that again, instead of asking ‘why is that happening’ they’re getting poised to blame the electorate for being stupid — for thinking the economy’s bad when it’s actually good.”
Haven’t had time to talk about the farce that was the Sussmann acquittal, but here’s a tweet:
TURLEY: “I mean, he is facing a jury that has three Clinton donors, an AOC donor, and a woman whose daughter is on the same sports team with Sussmann’s daughter. With the exception of randomly selecting people out of the DNC headquarters, you could not come up with a worse jury” pic.twitter.com/RHqen6AMAc
Fairfax County commonwealth’s attorney Steve Descano (D.) and Arlington County commonwealth’s attorney Parisa Dehghani-Tafti (D.) since 2020 dismissed or declined to prosecute a 25-year-old Maryland resident for nearly a dozen charges related to larceny. The looting incidents amounted to thousands of dollars in stolen merchandise and include felony offenses, including two grand larcenies and one assault on a police officer, making the offender eligible for years behind bars. The prosecutors found the looter guilty of just a few misdemeanors. No verdict levied more than a few hundred dollars in fines, and he served no time in prison.
“If Stuart Kirk’s devastating accusations are correct, in my opinion his words could be interpreted as suggesting the inputs to financial models which predict a demand for the climate investment products currently being sold are being heavily manipulated to produce a preconceived outcome. Stuart appeared to claim he is being “pressured” to add unrealistic assumptions to climate financial models, to ‘move the needle’ on predicted economic harm from climate change.” (Hat tip: Sarah Hoyt at Instapundit.)
Iranian military bases attacked by drones launched from inside Iran. Hmmmmm…
“Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-Listed Scam Based On A Lifetime Of Lies.” You really need to read the whole thing to see how Enochian Biosciences’ co-founder Serhat Gumrukcu fled from one alleged scam to another. Here’s just one line-item: “Gumrukcu claims to have spent 12+ years earning an M.D. and multiple PhDs in Russia and Turkey. Our research indicates he made it all up. He has no medical degree and no PhDs.” Plus that pesky murder thing… (Hat tip: ZeroHedge.)
The jury in Johnny Depp’s defamation lawsuit against Amber Heard ruled Wednesday that the actress did in fact defame Depp by identifying herself as a victim of domestic abuse and awarded Depp $15 million in compensatory and punitive damages, capping a blockbuster trial that has seen immense media coverage over the last several weeks.
The jury of five men and two women reached their unanimous verdict after 13 hours of deliberations, which began on Tuesday afternoon. It also awarded Heard $2 million in damages for a countersuit against Depp for statements made by his lawyer.
Depp may be a self-indulgent hedonist with poor judgment and substance abuse issues, but he came out smelling like a rose in comparison to his extra-crazy ex.
Slogans are no substitute for facts. “Hear all women” is a pledge we should all make. “Believe all women,” however, is asking people to shut their brains off at the approach of a slogan and forget the fact that women are people, too. Sometimes they shade the truth or lie, sometimes they are the more abusive party, and sometimes they are cynical, show-business shams. The evidence at trial changed a lot of minds, all the more so the more people watched it.
A favorite theory about Victorian vibrators turns out to be made up out of whole cloth.
With the anniversary of D-Day coming up, here’s a look at Operation PLUTO, which laid gasoline pipelines underneath the English channel to help fuel the invasion.
Stagflation is back, scammers continue to loot taxpayer money from the federal government, Team Global Warming continues it’s perfect losing streak, and dispatches from a deadly accordion war. It’s the Friday LinkSwarm!
The U.S. economy shrunk by 1.4% in Q1. “Unexpectedly!” So now we’ve got stagnation to go with that soaring inflation, a key ingredient in the Biden Administration’s Welcome Back Carter cosplay. One more quarter of decline and the recession is officially at hand…
In June, the FBI got a warrant to hunt through the Google accounts of Abedemi Rufai, a Nigerian state government official.
Hello, I am Prince Abedemi Rufai. You are probably surprised by this email…
What they found, they said in a sworn affidavit, was all the ingredients for a “massive” cyberfraud on U.S. government benefits: stolen bank, credit card and tax information of Americans. Money transfers. And emails showing dozens of false unemployment claims in seven states that paid out $350,000.
Rufai was arrested in May at John F. Kennedy International Airport in New York as he prepared to fly first class back to Nigeria, according to court records. He is being held without bail in Washington state, where he has pleaded not guilty to five counts of wire fraud.
Rufai’s case offers a small window into what law enforcement officials and private experts say is the biggest fraud ever perpetrated against the U.S., a significant part of it carried out by foreigners.
Russian mobsters, Chinese hackers and Nigerian scammers have used stolen identities to plunder tens of billions of dollars in Covid benefits, spiriting the money overseas in a massive transfer of wealth from U.S. taxpayers, officials and experts say. And they say it is still happening.
Among the ripest targets for the cybertheft have been jobless programs. The federal government cannot say for sure how much of the more than $900 billion in pandemic-related unemployment relief has been stolen, but credible estimates range from $87 billion to $400 billion — at least half of which went to foreign criminals, law enforcement officials say.
Those staggering sums dwarf, even on the low end, what the federal government spends every year on intelligence collection, food stamps or K-12 education.
Keep in mind, this is just one government program.
Many who participated in what prosecutors are calling the largest fraud in U.S. history — the theft of hundreds of billions of dollars in taxpayer money intended to help those harmed by the coronavirus pandemic — couldn’t resist purchasing luxury automobiles. Also mansions, private jet flights and swanky vacations.
Biden Administration creates unconstitutional Ministry of Truth to fight “disinformation,” i.e. truth and opinion that hurts Democrats. This is the lunatic running it:
For 20 Years, This Prosecutor Had a Secret Job Working For the Judges Who’d Decide His Cases.”
One of Ralph Petty’s victims is trying to hold him accountable, but she will have to overcome prosecutorial immunity.
Ralph Petty worked as an assistant district attorney in Midland County, Texas, for 20 years. Like any prosecutor, he fervidly advocated for the government. But he wasn’t just any advocate, because he wasn’t just a prosecutor. Each night, Petty took off his proverbial DA hat and re-entered the courthouse as a law clerk for the same judges he was trying to convince to side with him by day.
“A married English teacher at Langham Creek High School was arrested after allegedly sleeping with a 15-year-old student.” Spoiler for those thinking of clicking through for the pic: She’s no prize.
Stop me if you’ve heard this story before: Bold new architecture project becomes ugly and nonfunctional.
In Kurokawa’s original plan, the Nakagin capsules were meant to be replaced every twenty-five years with updated iterations. That didn’t happen, in part because of the funding that would have required. Each capsule would have cost, according to some estimates, almost nine million yen, or about seventy thousand dollars, to repair. A single capsule couldn’t be removed without removing all those above it, so all units would have to be vacated and updated at once. Over time, the building fell into disrepair. Concerns about asbestos made the towers’ ventilation system unusable, and residents complained about mold and incessant leaks during rainstorms. The owners’ association first voted to sell the building to a developer, in 2007, but the firm soon filed for bankruptcy, throwing the building’s fate into uncertainty. Kurokawa, who had pushed for renovations, died that same year. By 2010, the towers’ hot water had been shut off. The building had become more a work of art than the dynamic architecture that Kurokawa envisioned.
“New York Democrats Aim To Tax Ammo To Fund Anti-Gun Research….New York Senate Bill S8415, which would add an arbitrary 5-cent tax per round of ammunition larger than .22 Caliber. Rounds smaller than .22 Caliber would be subject to a 2-cent tax per round. According to the bill, the tax revenue would go to the state’s Gun Violence Research Fund.” That would be unconstitutional with a capital “un.”
Lake Mead hit by megadrought. “After nearly half a century, the first intake is out of service and can no longer draw water. Water levels at the lake hit record lows this week, falling to 1,056 feet. Luckily, SNWA has two other intakes at much lower levels that are still operational.”
Russia eyes Moldova, Ron DeSantis and Florida republicans strip Disney of it’s special privileges in record time, CNN+ dies quicker than Sean Bean, and Florida Man scores a trifecta! It’s the Friday LinkSwarm!
A Russian General announced plans to occupy the Transnistria region of Moldova on Friday.
Speaking at a defense industry meeting, Brigadier General Rustam Minnekayev, acting commander of Russia’s Central Military District, stated that the Russian Armed Forces plan to “make passage” into the region – in Moldova’s East, bordering Ukraine and less than 30 miles from the port city of Odessa – to create a “land corridor to Crimea,” Russian media reported. Such a corridor would also purport to connect the Russian mainland to Transnistria.
Minnekayev stated that the measure was part of Russia’s second phase in its war in Ukraine, which involves establishing full control over the Donbas Region and Ukraine’s coast along the Black Sea. No timeline was provided for the maneuver to begin, however.
Rather seems like overweening hubris to think about invading another country when they haven’t managed to defeat Ukraine despite pouring huge resources into the attempt.
Speaking of Russia walking on rakes:
Giant fire engulfs Russia’s biggest chemical plant right after a fire broke out at “a sensitive Russian Defense Ministry research facility in the city of Tver.”
Huge plumes of smoke were seen enveloping the Dmitrievsky Chemical Plant late this afternoon. The cause of the fire remains unknown. Almost 150 plant workers were reportedly evacuated.
The facility in Kineshma, east of Moscow produces more industrial solvents than any other in Russia. It is less than 1,000km from the border with Ukraine.
“Less than 600 miles” does not strike me as super close, even for Russia.
Naturally, observers are starting to ask in connection to Russia’s war in neighboring Ukraine: coincidence? sabotage operation?
Anti-Putin racecar driver Igor Sushko in tweeting the above video of the Dmitrievsky Chemical Plant going up in flames commented: “We are beginning to see a pattern develop.”
Governor Ron DeSantis signed legislation Friday that strips Disney of its 50-year-old “independent special district” status in retaliation for lobbying against Florida’s Parental Rights in Education law.
The law dissolves the Reedy Creek Improvement District, an autonomous area created in 1967 to accommodate the massive Disney World complex near Orlando. The independent status has shielded Disney from significant tax burden.
The governor fast-tracked the initiative to a special session Tuesday, after which the state Senate voted 23-16 on Wednesday to advance it.
The parental rights measure keeps gender identity and sexual orientation instruction out of K-3 elementary school classrooms and enjoys majority support among Floridians.
To quote The Wire: “You wanted to be in the game, right? Now you’re in the game.” For years, The Mouse was considered an unstoppable juggernaut that always got what it wanted. Then Disney decided to to throw it’s corporate weight behind the pro-grooming faction opposing a bill banning discussion of sex in elementary schools, and DeSantis knee-capped them in a week.
Though the losses from special tax breaks and privileges is going to hurt the bottom line, Disney has done far, far more damage to its brand for stepping into the cultural wars to embrace forcing radical transexism on a resisting American public. That’s going to be destroying shareholder value for years (if not decades) to come.
DeSantis Bonus: Christopher Rufo spoke at the signing ceremony:
At the end of my speech, I gave a direct warning to Disney CEO Bob Chapek: he must immediately terminate the company's critical race theory training program, "Reimagine Tomorrow," which is now illegal under Florida law. No more racism in corporate America.https://t.co/bIu0Rt0kRapic.twitter.com/S1dJAFe3XS
— Christopher F. Rufo ⚔️ (@realchrisrufo) April 22, 2022
Am I and are others supposed to feel bad because the most opportune time to end Disney’s corporate welfare exploits the momentum that Disney created against themselves?
Because I don’t.
Disney vociferously and hatefully opposed parents who didn’t want ideological activist teachers lecturing their K-5th grade kids about how they bang their significant others after hours — Disney accused parents of opposing this as literally killing gay people because teachers with fantasy pronouns can’t talk about genitals when kids should be learning math.
The left hated corporations influencing issues because of Citizens United v. FEC until they realized they could push Disney to lobby for them and now they LOVE corporations again! Party! I’m confused — are corporations still evil? They can’t influence issues or push for candidates that aren’t Democrat and they have more rights to a child than the parents raising said child? We really need some consistency from the left here.
When corporations act as agents of the state all bets are off. When a corporation’s actual heir, the CEO, and executives say on camera and on their own social media accounts (as Disney’s did) that parental rights erase gay people (I know, what?) and people who support parental rights in the classroom are murderers, all bets are off.
Who is “gaslighting” whom, here? Where was the opposition to the heinous manner in which parents were smeared? Was that not Disney’s “revenge” for opposition?
Disney chose the boss fight against taxpaying parents and they lost.
Losing their corporate welfare isn’t revenge, it’s a reckoning.
Relevant tweets:
Why is Disney throwing its weight behind the FL "say gay" controversy?
Same reason Home Depot inserted itself in the GA voter bill last year… Proxy advisory firms. Specifically Glass Lewis & ISS pic.twitter.com/WaKWlbMoA1
DeSantis and Florida Republicans: Go woke… **blows viking battle horn** and we shall burn your entire village to the ground and sing a song of victory so that any potential enemies in our future shall learn from your folly.
I find it mesmerizing that, after the last few years of corporate America bending over backwards to appease every tenet of progressive philosophy, it’s now a national scandal when Republicans decide to “dissolve Walt Disney World’s private government”https://t.co/KI2eL9itcq
John Nolte: “Yes, Democrats Really Do Want to Groom Your Children.”
The debate we’re having right now…
THE LEFT: We don’t want to sexualize little kids behind the backs of parents. Stop saying that. It’s a lie!
FLORIDA: We’re going to outlaw sexualizing little kids behind the backs of parents.
THE LEFT: NOOOOooooooo!
What kind of country are we living in where we even have to pass a bill that outlaws sexualizing kids aged four to eight in the classroom?
What kind of country are we living in where Florida teachers are angry that they can’t discuss their personal lives with your little kids, much less discuss sex?
What kind of country are we living in where the Walt Disney Co., a company built on the idea of preserving the innocence of children and teaching them lessons about honesty, hard work, and true love, is now openly bragging about feeding the little kids sexual propaganda?
Of course, this is grooming.
What else would you call it?
What is the rationale for telling innocent little boys that they might be girls or gay or bisexual? What other rationale could there be for that other than to destroy their innocence, to turn them into sexual creatures, and warp their sexuality into something that can later be exploited?
Behind the backs of parents!
For the life of me, except for my second-grade teacher talking about the day John Kennedy was assassinated, I cannot remember a single teacher who ever discussed their personal life. A couple of times, I remember seeing a teacher outside of school, at the store or something, and how odd it was to realize they existed outside the classroom.
The thing to keep in mind here is that this is not a “gay” thing.
It’s not gay people looking to groom little kids.
Plenty of gay people are as disgusted by this as anyone. In fact, this sick movement is a terrible disservice to gays. What you have here is the LEFT working overtime to bring to life the very worst stereotypes about homosexuals looking to recruit among the innocent.
What you have here is Disney bringing to life these terrible stereotypes.
But that doesn’t change the fact that the left is desperate to groom your kids, to sexualize them behind your back.
Why?
Well, a whole lot of leftists want to have sex with your kids, and want to normalize sex between kids and adults. The evidence of that is everywhere. Democrats know opening the southern border will mean the import of child sex slaves. And yet, Democrats still open the border. Democrats continue to release child predators and suspected predators. We’re about to be saddled with a Supreme Court Justice who shrugs at child porn. More than one left-wing publication has asked us to better understand and sympathize with child molesters. The left embraced Jeffrey Epstein for decades. The left-wing Lincoln Project shielded a suspected predator.
The other reason for the grooming is political.
Democrats are losing key parts of their coalition: the working class, Hispanics, and chunks of the black population. One way they see of making up those numbers is to create a lot of damaged and broken young people obsessed with their sexuality. It’s just a fact that neurotic, unhappy lunatics and narcissists who define themselves by what they do with their sex organs vote Democrat. So… Democrats want to damage your kids to create a whole lot more of them.
“EIGHT news stories about teachers committing sex crimes upon children. ALL TODAY.”
From Powerline comes two tales of endemic corruption. The first was Yale University employee Jamie Petrone admitting to stealing over $40 million in computer equipment. “So for years, 90 percent of the equipment (sub-$10,000) that Yale’s emergency medicine department paid for–more than $40 million worth–never showed up. It didn’t exist. And no one noticed.”
That’s the smaller of the two scandals. The bigger:
A second instance of corruption is the Feeding Our Future scandal in Minnesota. The scandal actually involves entities in addition to FOF, and altogether $460 million or more has been funneled through these agencies by the federal free food programs Child and Adult Care Food Program (CACFP) and the Summer Food Service Program (SFSP). The whole thing turned out to be a criminal enterprise. Various crooks pretended to be feeding many thousands of non-existent Minnesota children. The fraud should have been obvious since, if you added up the numbers, a ridiculous percentage of all of the children in the state were supposedly getting free food through these newly-founded charities.
The corruption occurred primarily, although not entirely, within Minnesota’s Somali community. Apparently spread sheets have been circulating among fraudsters showing the names and addresses of many thousands of Somali immigrants who can be listed as phantom beneficiaries of government programs. Here, like the Yale criminal, those who were in on the fraud have lived lavishly, with federal taxpayer money administered by the State of Minnesota paying for luxury cars, expensive homes, exotic vacations, and so on. Scott wrote here about a young Somali bride who was given a tray of gold worth $100,000 as a wedding gift by persons involved in the Feeding Our Future fraud.
Such criminality is not subtle. Little care is taken to hide it. How can a handful of fly-by-night fraudsters steal hundreds of millions of dollars from the U.S. government and the State of Minnesota, and no one notices? As in Yale’s case, the answer is partly gross incompetence in Minnesota’s Tim Walz administration. But in the larger picture, government at all levels is rolling in so much dough that they don’t know what to do with it. A few hundred million is hardly worth checking up on.
This goes toward proving my “Working Thesis,” that all new welfare state programs are designed to channel money into the pockets of crooks and left wing activists (to the extent that it’s possible to distinguish the two).
But the government not only attempted to manufacture “terrorists” in the Whitmer kidnapping hoax—the same FBI operation also tried to coax a man in Virginia to participate in the same sort of plot against Virginia Governor Ralph Northam. That scheme didn’t fully materialize, but the FBI’s attempt to pull off a similar stunt in Virginia reveals just how far agents were willing to go to bolster FBI Director Christopher Wray’s false warning that domestic extremists planned to “kill and assassinate” public officials.
In summer 2020, Dan Chappel, the main informant in the Whitmer fednapping who was compensated at least $60,000 by the FBI for his services, targeted a man named Frank Butler, a disabled veteran in his late 60s and an alleged militia member. Taking instructions from Jayson Chambers, one of his FBI handling agents, Chappel used the same playbook in Virginia.
“Dan suggests to Frank that he engage in acts of domestic terror,” defense attorneys wrote in a joint motion filed last year in the Whitmer case. “Like the defendants in this case, Dan suggested to Frank that he attack the governor of Virginia.”
Screenshots submitted into evidence show a jaw dropping exchange between Chappel and Chambers in August 2020. “Goin [sic] to call frank butler today,” Chappel texted Chambers, asking for direction on what he should say to his target.
“Mission is to kill the governor specifically,” Chambers replied.
Just as in the Whitmer plot, Chappel lured Frank Butler into attempting to build an explosive device. Another text exchange in September 2020 shows Chappel and Chambers discussing a “recipe” for a bomb that Chappel can provide to Butler. After passing along the information to Butler, Chappel texted Chambers to tell him Frank planned on purchasing bomb-making supplies. “Awesome. Excellent work,” Chambers told Chappel.
Chappel also invited Butler to a field training exercise in Wisconsin during the last weekend in October, an excursion attended by some defendants in the Whitmer caper.
“This event, like all the others,” defense attorneys wrote, “was conceived, planned, and conducted by the federal investigative team of agents and undercover informants working together to provide a stage upon which to manipulate their targets into acting out ostensibly incriminating behavior the government hoped to elicit in its bid to develop and then ‘interrupt’ the operation of a ‘domestic terrorist organization.’”
Butler, who cannot drive due to disabilities, did not participate. And to date, he has not been charged with any crime.
“Seattle’s transit system struggles as riders refuse to pay. So few riders are paying, fares are currently covering just 5% of the system’s operating costs, a fraction of the 40% mark Sound Transit set as a requirement.” (Hat Tip: Dwight.)
While most reporting on Harris County’s problems revolve around Democrat County Judge Lina Hidalgo, this citizen’s research suggests ties exist between Democrat County Commissioner Rodney Ellis (a former state senator) and certain organizations receiving taxpayer monies.
Ellis’ influence, and the influence of at least one of these organizations, appears to reach all the way to Hidalgo’s office.
Snip.
To counteract shuttering the economy in 2020, Congress broke open a dam and flooded federal taxpayer monies nationwide. These monies flowed to state and then local governments for eventual distribution. Harris County’s cut from the 2020 CARES Act was $426 million.
One organization the county commissioners gave some of these funds to was the Coalition for the Homeless. Ties were verified between Commissioner Ellis and this organization.
Licia Green-Ellis, Ellis’ wife, is a partner of the Waterman Steele Real Estate Consulting Group. Another partner is Lance Gilliam, who is chairman of the Coalition for the Homeless. Gilliam donated to Ellis’ campaign in 2015, and he also donated to Hidalgo in 2018, 2019, and March and June of 2021.
Hidalgo’s chief of staff, Alexander Triantaphyllis, is also on the coalition’s board.
In April 2021, the coalition recommended commissioners allocate taxpayer monies toward “the rapid expansion of housing” for the homeless. This resulted in agreements between the county and multiple organizations, including a more than $1.2 million agreement with BakerRipley Community Developers. We’ll come back to them in a minute.
The following month, commissioners ballooned funding for the housing program to more than $7 million, of which more than $3.6 million went to BakerRipley for the county’s “Rapid Rehousing” program.
New York City: Now that the pandemics over, everyone’s going to come back to our high-tax hellhole, right? People who used to work in NYC: LOL. Get Rekt!
A high-tax, highly regulated city, New York has relied for the past 25 years on a growth formula of low crime, a stable social order, and an emphasis on high-value jobs at profitable companies for whom being in the city brought advantages that outweighed the costs. The result was a prosperous but hollow economy that featured well-paid jobs in finance, law, and technology alongside low-paid service-industry jobs necessary to support those workers, but lacked many of the middle-class jobs in manufacturing or financial back offices that the city once boasted.
The pandemic has changed that calculus. The work-from-home movement has hit New York City’s office market—the backbone of its economy—right in the pocketbook. More than two years after the initial lockdowns that brought much of the economy to a standstill, only 38 percent of office workers have returned to their city jobs, which is below average for major cities. Employers have tried to get workers back to their Manhattan offices, only to be thwarted by Covid surges and resistance from employees who don’t want to return to working in person five days a week. A rise in violent crime and disorder hasn’t helped. Both the city’s current mayor, Eric Adams, and his predecessor, Bill de Blasio, as well as former governor Andrew Cuomo and successor Kathy Hochul, have at various times urged workers to return, but to little avail.
The more that workers and companies discover they can accomplish through remote work, the greater the danger—because New York is by far the most expensive place to locate a worker in the country. Its overall cost of occupancy, including labor, utilities, and taxes, is 50 percent higher than the next most expensive American city, San Francisco, and three times as high as Dallas, Chicago, and Seattle. The gap is even larger with many smaller metro areas that seem poised for growth. One big component of these costs is taxes: the city and state together out-tax other competitors, taking as much as 45 percent more taxable income than the average of U.S. big cities and their states. No surprise, then, that even in the pandemic’s early stages, experts rated New York one of the places that might struggle the most to recover its jobs and residents.
What are the Democrats who run New York (city and state) going to do to bring down high taxes? Jack and Squat.
In case you missed it, Pakistan’s Prime Minister was ousted two weeks ago. “Pakistan’s political opposition toppled Prime Minister Imran Khan in a no-confidence vote in Parliament early Sunday after several political allies and a key party in his ruling coalition deserted him.” He wasn’t the worst person to run Pakistan, but high inflation (even worse than ours) brought him down.
California’s corporate diversity law ruled unconstitutional. California’s law mandated that corporations stock their executive boards with members from various victimhood identity politics groups.
The trifecta! “Florida man arrested after cops find him in possession of drugs, guns and alligator.” Click through to see what a hard 31 looks like. (Hat Tip: Dwight.)
“Downtown Greek Restaurant Owner Escapes the Country, Leaving Workers and Rent Unpaid. That’s Simi Estiatorio, and the manager partner who fled the country is George Theodosiou. Read the link for the details. (Hat tip: Dwight.)
Heh:
Reward Offered: any information that can lead to finding the person or persons responsible for putting this flag behind our council dais. #SpaceForce
Ps my DMs are open and as far as I can tell it has shown up in the last week or two. I want to know the story. pic.twitter.com/RmDcOtidi1
While testifying before the House Budget Committee yesterday, Health and Human Services (HHS) secretary Xavier Becerra affirmed that yes, his department was in favor of taxpayer-funded sex-reassignment surgeries for minors. “So for the record, you favor HHS funding . . . for sex-reassignment surgeries for minors?” Lauren Boebert, (R, Colo.) asked. Becerra answered:
I will do everything I can to defend any American, including children, whether or not they fit the categories you have mentioned or not. And if they talk about gender-affirming care, I am there to protect the rights of any American.
In other words: yes.
Related:
“They’re losing their minds because parents want to protect kids from grooming. Pay attention to this.” pic.twitter.com/j8EhsQi9gM
“Black Lives Matter Secretly Bought a $6 Million House.” I’m shocked, shocked that people who encouraged riots to help out Democrats are corrupt. (Hat tip: Stephen Green at Instapundit.)
Biden: Surely Democrats everywhere will embrace my scaled-back Build Back Better bag of bloated bilge! Kyrsten Sinema: “LOL! Get rekt!”
Neither snow no rain, nor gloom of night, shall stay these couriers from the swift completion of their appointed rounds. But multiple assaults? Yeah, they’re drawing the line there. So no more mail for a block of Santa Monica, California, until they fix the problem. This is your mail on one-party Democratic control.
Get A Rope Part 1: “Hospital Refuses Father-To-Son Kidney Transplant Over COVID Jab.”
In theory, at least, the role of an organization such as McKinsey is to ask, “Why?” Everyone wants to start a streaming service. Why does yours make sense? If CNN were run by thoughtful people, it might have taken the opportunity to ask some fundamental questions of itself before procuring a new toy: “Who are we?” “What do we do?” “Are we good at it?” “Why do our staff keep getting themselves embroiled in scandals?” “Has anyone heard Brianna Keilar utter a single sentence that might be termed useful?”
Had these questions been asked, it might have dawned on CNN’s leaders that the way in which Brian Stelter sees the network is not, in fact, the way in which anyone else sees the network. Had these questions been asked, it might have become apparent to CNN’s leaders that Americans do not regard CNN and its staff as brave, diligent, indispensable firefighters, that consumers do not believe Jim Acosta to be a hero, and that, when people think about America’s turbulent democracy, the last person who comes to their minds as a fix is Jim Sciutto. Had these questions been asked, CNN’s leaders might have learned that the network’s obsession with Fox is annoying to viewers, and that launching CNN+ with a flagship documentary, The Murdochs: Empire of Influence, would probably send the wrong message. As for the network’s slogan: “The Most Trusted Name in News”? One might as soon call Chris Cuomo a wit.
Thus, the entirely predictable disaster that is unfurling before our eyes. And, thus, CNN’s bafflement that it has become a joke. And what a joke! 10,000 people a day? That’s the size of the home crowd at a Durham Bulls minor-league-baseball game. It’s the number of people who attend “MerPalooza,” a “celebration of mermaids and mermen,” or the international UFO convention and film festival, or BronyCon.
I think this comparison is unfair to BronyCon, which has historically attracted a much lower percentage of sex offenders than CNN…
Now that the Hunter Biden dam has finally burst for the MSM, we’re finally getting the “Hey, the Biden family sure seems to be involved in a lot of shady business deals” stories we should have gotten well before the 2020 election if the media weren’t so in the tank for Democrats.
While conservative heat has for three years focused on the past business activities of President Biden’s son Hunter, a key Senate Republican told CBS News this week that newly obtained banking records raise similar concerns about first brother James Biden.
“We have people with the Biden name, dealing with Chinese business people that have a relationship to the Communist Party,” Senator Chuck Grassley, the ranking Republican on the Judiciary Committee, told CBS News senior investigative correspondent Catherine Herridge. “I think James Biden was very much a part of this.”
Bank records released by Republican senators this week indicate James Biden’s company, the Lion Hall Group, received payments from a Chinese-financed consulting group in 2018, before his brother Joe announced he was running for president. Grassley says that same year James Biden and the president’s son, Hunter, received monthly retainers totaling $165,000 — $100,000 to Hunter and $65,000 to James.
Grassley said his team obtained the records directly from the bank where the consulting group did business. He has spent three years investigating and described James and Hunter Biden’s business dealings as “very concerning.”
Really, who of us hasn’t received $65,000 in monthly consulting fees from a communist Chinese company?
In a September 2020 report with Senator Ron Johnson, Republican of Wisconsin, Grassley alleged Hunter, James, and James’s wife Sara tapped into a line of credit Hunter set up with a Chinese business executive to purchase more than $100,000 in airline tickets, hotels and restaurants.
Newly released records from Republican investigators show what appears to be the 2017 application for that $99,000 line of credit bearing the signatures of Hunter Biden and the Chinese executive.
Hunter gets a $99,000 expense account. Meanwhile, HR rejects your expense report for spending $26 on lunch.
“Joe Biden’s Released Tax Returns Don’t Explain Millions In Income. Where Did It Come From?”
In the week prior to the presidential election, I wrote a piece that asked the question, “Where Is Hunter Biden’s Money?” It was an important question then, even more so now. Given the legacy media’s recent validation of Hunter’s laptop that discussed a slice of equity planned for the “Big Guy” in a deal that involved an entity controlled by the Chinese Communist Party (CCP), we should know if any money from it (or other foreign sources) ended up in Joe Biden’s pocket, but we don’t.
Recall that despite then-presidential candidate Biden having bragged that he had released his tax returns with what his team called “a historic level of transparency,” the truth is that he only released his individual returns. Those returns provided no detail regarding the source of most of his income, dollars that flowed to him and his wife Jill by way of S-corporations they set up shortly after his departure from the office of vice president. Those entities, CelticCapri Corp (his) and Giacoppa Corp (hers), contained more than $13 million of the $17 million the couple had reported in income after Biden left office, most of it in the first year (2017).
The same media that ignored Hunter’s laptop has shown a complete incuriosity about these entities, accepting the premise that Joe and Jill raked in $13 million from their book deal to generate their huge increase in income. We simply don’t know if that’s true, though. What we do know is that their book sales were dismal.
Perhaps sensing smoke starting to build just before the election, USA Today published a “fact check” piece that attempted to support that the Bidens earned “$15.6 million … from speaking fees and book deals” in the years 2017 through 2019 and that “more than $10 million of that total income was profits from Biden’s memoir ‘Promise Me, Dad’ and $3 million in profits from Jill Biden’s book.”
Follow the source link provided to that $10 million number, though, and you’ll end up at Joe Biden’s campaign website with financial disclosure links to only their individual returns — no S-corporation tax returns. So, in reality, readers were left with a smokescreen. (Now the financial disclosure links for 2016, 2017, and 2018 have even been changed to connect to a Democratic National Committee fundraising site via ActBlue rather than the tax documents.)
I noted back in 2020 that, “While (Joe Biden’s) financial disclosures reasonably support the $2.7 million of net income reported by CelticCapri in 2018, a notable $8.7 million gap exists between its $9.5 million net income in 2017 and the $809,709 of disclosed income in that year from book tour and related speaking events. Since his disclosure covers only part of 2017, we lack the insight into other income that may explain it.”
Enter (yet again) Hunter and China.
Sens. Chuck Grassley, R-Iowa, and Ron Johnson, R-Wisc., recently showed proof of payments from what they said were CCP-controlled firms “that prove just how connected the Bidens were and how compromised President Biden probably is.” An August 2017 wire receipt showed $100,000 sent from CEFC Infrastructure Investment to Owasco, and a copy of a November 2017 check from CEFC Limited revealed $1 million paid to Hudson West III, LLC. Both recipient entities were tied to the president’s son.
Did any of that money, or other overseas income, go to Joe or Jill? We would know if the president provided a copy of their S-Corp. tax returns with all partner K-1’s that flowed through them. But the only detail we have is aggregate numbers reported on the couple’s individual returns.
President Biden, in 2017, wrote a college recommendation letter for the son of a Chinese executive who did business with Hunter Biden, according to emails reviewed by Fox News Digital.
The president has repeatedly denied discussing Hunter’s business ventures with his son.
Fox News Digital obtained emails between Hunter Biden and his business associates involved in his firm Rosemont Seneca’s joint venture with Chinese investment firms Bohai Capital and BHR.
Hunter held a 10% stake in BHR as recently as last year, the White House previously acknowledged. Hunter’s attorney told the New York Times in November that he had since divested.
In an email dated Jan. 3, 2017, and sent to Hunter Biden and his business associates Devon Archer and Jim Bulger, CEO of BHR Jonathan Li writes:
“Gentlmen[sic], please find the attached resume of my son, Chris Li. He is applying the following colleges for this year,” Li writes, listing Brown University, Cornell University, and New York University.
Remember how Biden swore up and down he never interacted with Hunter’s business partners?
In confirming that federal prosecutors are treating as “authenticated” the Biden emails, the Times story applies the final dollop of clown makeup to Wolf Blitzer, Lesley Stahl, Christiane Amanpour, Brian Stelter, and countless other hapless media stooges, many starring in Matt Orfalea’s damning montage above (the Hunter half-laugh is classic, by the way). All cooperated with intelligence officials to dismiss a damaging story about Biden’s abandoned laptop and his dealings with the corrupt Ukrainian energy company Burisma as “Russian disinformation.” They tossed in terms thought up for them by spooks as if they were their own thoughts, using words like “obviously” and “classic” and “textbook” to describe “the playbook of Russian disinformation,” in what itself was and still is a wildly successful disinformation campaign, one begun well before the much-derided (and initially censored) New York Post exposé on the topic from October of 2020.
Not to be petty, but — well, yes, let’s be petty, just a little, and point out that many of the people who were the most pompous about this story turned out to be the most wrong, including the conga line of Intercept editors and staffers who essentially knocked Glenn Greenwald all the way to Substack over the issue. There are more important things going on in the world, but for sheer bootlicking conformist excess and depraved journalist-on-journalist venom the “Russian disinformation” fiasco has no equal, and probably needs recording for posterity before it’s memory-holed via some creepy homage to Severance, or a next-gen algorithmic witch-hunt, or whatever other federally contracted monstrosities are being readied for deployment somewhere far up the anus of Silicon Valley. For comic relief, start with the Intercept.
Much blow-by-blow analysis of Bursima and Ukrainian investigations snipped.
Note all this took place before the New York Post ran its October, 2020 piece about the trove of Biden emails culled from the laptop, which included an ominous email from Pozharsky ostensibly thanking him for the “opportunity to meet your father.” It’s never been verified that this meeting actually took place, but what has absolutely been verified by now — not just by the Times but via the extensive digging done by Politico reporter Ben Schreckinger in his book The Bidens — is that the laptop is, in fact, Hunter Biden’s laptop, and the emails they contain are real.
In a just world this would be career-altering news for the parade of media figures who spent months loudly insisting the opposite, cheered the unprecedented decisions by Facebook and Twitter to restrict access to the story, and repeated the Langley-driven fiction that it was a Russian smear. The fact that none of them are bothering to comment on any of this shows that the line between the intelligence community and commercial media has blurred to the point of meaninglessness. They know everyone knows they screwed this up and are long past pretending to care. This is like someone committed to a life in sweats who eats another piece of pie at night, because what difference will it ever make? That weight is never coming off anyway.
I long thought the decision by Facebook and Twitter to block the Post just before an election was a bigger deal than the actual story, which to me was mislabeled “smoking gun” evidence of major corruption because almost none of the information in those emails had been confirmed then. After reading this latest Times piece, which among other things confirms that Joe Biden (if not the Burisma official) was present at the infamous “meeting” referenced in the original Pozharsky email, I’m not sure so sure.
The big scandal in the Hunter Biden Laptop story isn’t Hunter’s deplorable actions, it’s Joe Biden’s corruption.
Investigative reporter Peter Schweizer reiterated what he’s said about Hunter being close to criminal indictment. He said The New York Times “got a lot of cooperation from Team Biden” before they ran the story on Hunter that included their admission that the laptop was, indeed, real. He says Biden’s team was “trying to position themselves.” Of course, this case isn’t really about Hunter but the President of the United States, and a criminal indictment would open up “that whole can of worms” concerning dad’s connections to dirty money and the associated tax issues and huge national security concerns.
Snip.
George Soros, probably the most influential man in Ukraine, is a big part of this story, too. He gave $1 million to the humorously named Democratic Integrity Project, headed by Daniel J. Jones, a former FBI analyst and staffer for California Sen. Dianne Feinstein. Jones had started the nonprofit (seems pretty profitable to me) after Glenn Simpson of Fusion GPS approached him with the idea of forming the organization. Then, after filling its coffers to the tune of $7 million, Jones turned around and wrote a check to Fusion GPS for $3.3 million. I am not making this up. The same players keep turning up again and again.
Fusion GPS’s task: to research how Russian intelligence operations were affecting elections around the world. And they brought in Hillary’s campaign chairman John Podesta to help. Still not making it up, my friends. This was after Podesta’s and the DNC’s emails had been purloined (the narrative became that they were hacked by Russia) and published by WikiLeaks, to the DNC’s embarrassment.
(Incidentally, John’s lobbyist brother Tony was under investigation at that time for “cashing in” in Ukraine. He was paid $1.2 million to promote a plan conceived, ironically, by Manfort and Gates.)
Then there’s the story you know, the investigation of Burisma by prosecutor Viktor Shokin until then-Vice President Biden got him fired by threatening to withhold a $1 billion loan guarantee. By now everyone has seen the video of Biden bragging about it before a live audience — without mentioning Hunter was on the Burisma board.
There’s much more, involving Soros and an investigation by Shokin’s replacement into a Soros-funded organization, the ironically named Anti-Corruption Action Center (AntAC). This was when the new U.S. Ambassador to Ukraine Marie Yovanovitch (remember her from Trump’s impeachment?) gave the prosecutor a list of people not to prosecute, including a founder of AntAC. Second-in-command George Kent had already tried to discourage the prosecutor from investigating. According to reporter John Solomon, their message to Ukrainian officials was this: “Don’t target AntAC in the middle of an American presidential election in which Soros was backing Hillary Clinton to succeed another Soros favorite, Barack Obama.”
There are others in Ukraine tied to both the Russia hoax and Trump’s impeachment. California Rep. Adam Schiff, running the impeachment, trotted out our diplomatic “experts” from Ukraine to talk about Trump and his “impeachable” phone call to President Zelenskyy. Those were Americans, our diplomatic corps, who’d been telling Ukrainian prosecutors who they could and could not prosecute and treating a Soros-funded organization like some sort of sacred cow. Soros supported Hillary and was Trump’s political enemy. He funded an organization conceived by Glenn Simpson. Something smells like bad borscht.
Questions asked: “Did The New York Times Admit Joe Biden Is Corrupt So Democrats Can Get Rid Of Him?” (Hat tip: Director Blue.)
Will Rogers once famously said he did not belong to an organised political party because he was a Democrat. Yet today the traditional factiousness of the Democratic coalition has been engulfed by an almost Stalinist attitude that brooks no dissent on its most treasured policies – even though these do not resonate well with the bulk of the electorate.
To recover, Democrats need to find a way back to their historic base of working-class and minority voters, who now seem to be heading to the GOP. Franklin D Roosevelt’s alliance between big cities, small towns, labour unions and farmers was often awkward, but it still achieved remarkable success in restoring US confidence and winning the war. In contrast, President Biden’s boneheaded embrace of a progressive agenda that is widely detested across most of the population may prove to be one of the greatest political blunders of recent American history.
Given the probability of a significant loss in this November’s Midterms, we should expect – and hope for – a full-scale brawl over the party’s trajectory. There needs to be something equivalent to the New Democrats who, under Bill Clinton, revived the party after the devastating defeats of George McGovern and Michael Dukakis in the 1970s and 80s by moving the party to the centre and connecting it to the country’s diverse regions. ‘Too many Americans’, wrote New Democrats Bill Galston and Elaine Kamarck in 1989, ‘have come to see the party as inattentive to their economic interests, indifferent if not hostile to their moral sentiments, and ineffective in defence of their national security’.
Snip.
The economic metrics are awful. Despite nominal GDP gains and higher wages, inflation, largely driven by energy prices, has been particularly cruel to minority and working-class voters. Overall, when asked if they are better off now than a year ago, twice as many Americans said ‘worse’ than better in a recent poll.
The cave-in to the greens has increased the Democrats’ economic vulnerability, particularly in the wake of Russian aggression and the continued role of China as the world’s dominant greenhouse-gas emitter. The well-funded American environmental elite lack the grudging sense of realism of their German counterparts, who have been forced to reconsider some of their energy policies in light of the invasion. But in resource-rich America, the green grandees still oppose boosting fossil-fuel energy supplies, despite 80 per cent of voters, and an equal percentage of Democrats, favouring the use of both fossil fuels and renewables. Public support for Net Zero / the Green New Deal hovers around 20 per cent.
Essentially the Democrats’ Net Zero obsession could result in a political disaster. In February, according to Gallup, only two per cent of voters named climate or the environment as their biggest concern, one-fifth the number who named inflation and barely one-tenth the number who cited poor government leadership. Relentless climate scaremongering has not moved the needle among voters. ‘Climate catastrophism’, notes political strategist Ruy Teixeira, is a political ‘loser’, particularly among working-class voters of all races.
Cultural issues represent another fault line between the bulk of the electorate and the tin-eared elites of the party. Democrats’ have embraced what former Bill Clinton strategist James Carville scathingly labels ‘the politics of the faculty lounge’, such as support for the increasingly discredited Black Lives Matter movement and its calls to ‘defund the police’. This idea may be beloved at places like Harvard, but among the less elevated mortals it is widely unpopular, even among minorities, including two of the nation’s Democratic African-American mayors, Houston mayor Sylvester Turner and New York City’s Eric Adams.
Voters view crime as the second-most pressing issue, after the economy and inflation. Here again the survey results are equally distressing for the progressive agenda. Voters, according to one recent survey, blame the Democrats for the current crime wave by a margin of two to one. Moderate Democrats, like retiring Florida congresswoman Stephanie Murphy, herself a refugee from Vietnam, found her support for legislation that would penalise undocumented criminals got her labeled as ‘anti-immigrant’ by the party’s dominant progressive mob.
“Hispanic Texans Overwhelmingly Believe There Is a Border Crisis and Support Security Measures.” “Almost three-quarters of respondents agreed that there is a crisis at the U.S. border with Mexico with only 23 percent disagreeing with that characterization.”
Turns out even Democratic primary voters don’t think you should be talking to kindergartners about sex:
“U.S. Rep. Filemon Vela will resign early from Congress. The South Texas Democrat announced last year that he wouldn’t seek reelection. He’s leaving early to take a job at a law firm.” Yeah, people don’t leave the United States Congress early for a law firm job. There’s something else going on there. (Hat tip: Push Junction, who noted Republicans have a good chance to flip the seat.)
“Hidalgo Staff Allegedly Plotted to Steer $11 Million Contract, ‘Slam the Door’ on Competing Bid, per Warrants. A grand jury investigation found probable cause of tampering with governmental documents and misuse of official information related to a contract awarded to a woman with ties to local and national Democrats.” My working theory is that whenever you see something like this going on, kickbacks, graft and illegal donations to hard left groups and individuals are all but a certainty.
Also: “Hidalgo Says Communications About $11 Million Vaccine Outreach Contract Were Private, Taken Out of Context.” When you’re talking about a public official discussing a public contract using taxpayer money with her public staff, also paid using taxpayer money, there is no such thing as “private.”
Nicholas Moran cautions to avoid drawing too many conclusions from the limited video information coming out of the Russo-Ukranian War. “That tanks unsupported by the other arms are easy prey is tanking 101, and what we are seeing in Ukraine isn’t revolutionary, it’s exactly what you would expect to happen if you send vehicles in unsupported into areas infested with infantry and not denied to enemy air.” Also: We’re only seeing the Ukrainian side because they’re the ones uploading cell phone footage, and an important reminder that an anti-tank hit is not an anti-tank kill. (Previously.)
Borepatch is not impressed with the level of security in the latest online voting scheme.
Heh:
I was robbed at a gas station in NJ last night. After my hands stopped trembling..I managed to call the cops and they were quick to respond and calmed me down….. My money is gone.. the police asked me if I knew who did it..I said yes.. it was pump number 9…
This seems disturbing: “Seven hospitalized ‘including four juveniles’ in mass fentanyl poisoning after deadly drug is released through air vents.” This was in Ohio. So add “aerosolized Fentanyl” to the list of things to worry about…
“United Airlines Rolls Back Vaccine Requirements for Employees. United Airlines announced that it would be changing its policy and that unvaccinated workers would be allowed to return to their normal positions by March 28.” Personally, I’d try to get them to pay through the nose for my return…
Another week, another high-profile staffer quitting Kamala Harris’ office. “On Monday, in the wake of Vice President Kamala Harris’ disastrous visit to Poland, it was reported that her National Security Adviser Nancy McEldowney, will become the latest staffer to leave Harris’ office.”
“Investors at BuzzFeed are reportedly pressuring CEO Jonah Peretti to close down its entire money-losing news operation as senior journalists announced their resignations on Tuesday.” See, the problem here is that they used “Buzzfeed,” “journalists” and “news” all in the same sentence…
Speaking of failing leftwing outlets, the Texas Observer is circling the drain.
In September, the Observer’s editorial staff comprised 13 journalists. As of this month, after a rash of resignations — and one firing — only four of them remain. The five-person business team dwindled to zero in February. This mass exodus, former staffers said, can be traced to a series of board decisions — from the handling of a complaint by former Editor-in-Chief Tristan Ahtone, which led to his resignation; to promising Executive Editor Megan Kimble the top job in the interim, only to pass her over for an outside hire; to unilaterally halting publication of the magazine just days before it went to print.
Read on for the blow-by-blow, but evidently the staff got too uppity for the board of directors and we’re shown the door, with some side orders of “diversity” and “a web-first publication.” I would say this was all good schadenfreude, but I doubt I’ve even thought of the Observer since George W. Bush was governor…
Louis Rossmann finds the same problems plaguing New York City also plague D.C., namely high retail vacancies and general disorder. “It’s literally like somebody just picked up all the problems of New York City, control-C, and control-V them somewhere else.”
Speaking of New York City, Democratic Mayor Eric Adams wants you to know that athletes and actors are simply better than you common peasants, so vaccine mandates don’t apply to them. “The exemption for athletes and entertainers comes ahead of the upcoming baseball season, opening the field for unvaccinated Mets and Yankees to play home games too. Roughly two-thirds of Yankees players and at least ten Mets remain unvaccinated and will now be able to participate, Jon Heyman of the MLB Network noted.” Plus Kyrie Irving on the Brooklyn Nets.
A prominent Black Lives Matter leader in Boston and her husband have been charged with using a $6,000 grant to take at-risk youth to a Philadelphia retreat on themselves – for a getaway to Maryland, restaurants and shopping sprees, among other things.
Monica Cannon-Grant, 41, founder of the nonprofit Violence in Boston, and her husband Clark Grant, 38, were charged Tuesday in an 18-count federal indictment, including charges for wire fraud and making false statements to a mortgage lending business.
In June 2019, she was given a check for $6,000 for a trip to Philly “to give these young men exposure to communities outside of the violence riddled neighborhoods that they navigate daily,” the Boston Globe reported.
Instead, the couple used the money to take a vacation to Maryland, eat at Bubba Gump Shrimp Co., Shake Shack and other eateries, and pay for car rentals, Walmart purchases and visits to a nail salon, the feds allege.
The indictment charges them in connection with three separate schemes — defrauding donors, lying on a mortgage application and illegally collecting about $100,000 in pandemic unemployment benefits, according to the Globe.
Clark Grant had already been charged by the feds for allegedly engaging in pandemic-assistance fraud after a raid at the couple’s Taunton home last year.
It seems that a single scam is never enough for these people. They always seem to be working multiple scams, all of which rake off money to their own pockets in the name of Social Justice. Heaven forfend that any of them are ever required to actually work for a living.
One marvels at their failure to do any sort of risk/reward analysis on the potential fallout from getting caught in their scams. Is it really worth years in the federal big house to visit Bubba Gump Shrimp?
As the titular protagonist of a famous novel before it was turned into a hit movie once put it, “Being an idiot is no box of chocolates.”
