Ron DeSantis dropped out of the presidential race Sunday afternoon and endorsed former president Donald Trump, announcing the suspension of his embattled campaign in a video posted to social media just two days before the first-in-the-nation New Hampshire primary.
DeSantis’s departure comes days after his allies began making calls to top donors asking whether the candidate should drop out ahead of the New Hampshire primary.
The campaign continues to tell reporters that their candidate will stay in the race through South Carolina, force rival and former South Carolina governor Nikki Haley to drop out should she lose her home state, and hopefully go toe-to-toe with Trump in the event that she drops out.
But behind closed doors, DeSantis allies are of course mindful of the fact that the Florida governor continues to poll in the single digits in New Hampshire compared with Haley, who is still polling behind Trump but is gaining on him in some surveys. As recently as Tuesday, one day after DeSantis finished roughly 30 points behind first-place finisher Donald Trump in Iowa, the campaign insisted that DeSantis still had a path forward to the nomination.
No one outside of the MSM and desperate NeverTrumpers give a rat’s ass about Haley.
On paper, DeSantis should have been a formidable candidate. The popular governor of a large, thriving state, DeSantis had more impressive credentials than Trump when it came to fighting wokeness, pulling it out root and branch in Florida institutions.
But his campaigning has, alas, been anything but impressive. Indeed, he never gained any traction and all the media attention as the “Trump alternative” has been lavished on Haley.
Usually second place in Iowa is quite a respectable showing (Trump himself came in second to Ted Cruz in 2016, and Ronald Reagan to George H. W. Bush in 1976), one that punches your ticket to later primaries, usually to at least Super Tuesday. But Trump won an absolute majority in Iowa, something that hasn’t happened for a non-incumbent in the last half century. (Maybe longer; online records before that seem spotty.) DeSantis and his team seem to have figured, I think correctly, that he had no path to the nomination.
At this point, Trump looks poised to win every primary on the schedule, including Nikki Haley’s home state of South Carolina, where he currently leads her by 35 points.
Now the only question is whether the NeverTrump rump (and I include National Review here) will swallow both their pride and their shame at refusing to fight over the stolen 2020 election and embrace the overwhelming choice of the Republican Party base, or will they go hunting for another Egg McMuffin to prop up in a desperate bid to spoil Trump’s election chances?
Trump wins Iowa (and picks up Ted Cruz’s endorsement), Democratic party popularity becomes ever more selective, Hunter Biden’s laptop confirmed as Hunter Biden’s laptop (not that we ever had any doubt), two shithole countries exchange airstrikes, and a science fiction legend dies. It’s the Friday LinkSwarm!
Donald Trump won the Iowa Caucuses in convincing fashion, winning 51% of the vote. Ron DeSantis came in second with 21%, and MSM-and-Never Trump darling Nikki Haley pulling in 19%, and Vivek Ramaswamy a distant 4th with 7.6%. (Ramaswamy then endorsed Trump.) The most satisfying part of this result is seeing the Hindenburg of Haley puffery crash and explode.
Ted Cruz has endorsed Trump. “‘I’m a big believer in letting democracy play out,’ Cruz said. ‘I’ve got to say Trump’s victory was across the board. He won 51 percent of the vote. He won 98 of the counties. Congratulations to President Trump on that dominating victory.'” Despite DeSantis many strengths as a governor, he did not run a good campaign. And remember, Cruz actually beat Trump in Iowa in 2016, and ran a competitive campaign into May. That’s not going to happen this year. Trump seems likely to win all the primaries in every state.
A Gallup poll released on Friday reveals that a record low percentage of Americans who identify as Democrats in 2023 hit a record low, when independent ‘leaners’ are excluded.
Just 27% of Americans self-identify as Democrats, the smallest figure in the party’s history according to the survey. That said, self-identifying Republicans also hit 27%, though it did not mark the lowest figure in the party’s history – which was in 2013 when just 25% of Americans identified as such. The previous low for Democrats was in 2017 and 2015 at 29%.
Independents, meanwhile, take the cake – with 43% of Americans identifying as such.
Not that any of us ever had any doubt, but DOJ confirmed that the “Laptop from Hell” is in fact Hunter Biden’s laptop, and that they knew that all along:
In a new court filing today, the DOJ confirms Hunter Biden’s laptop is real, that he left it at a computer store, and that the contents matched what they obtained from a search warrant of his iCloud. Don’t hold your breath for a retraction from Joe Biden (“It’s a Russian… pic.twitter.com/xSZ2YG8JIB
Things that make your blood boil: “Texas man arrested in connection with videos showing seven men who sexually assaulted toddlers at a public mall.”
A Texas man is in federal custody after the FBI linked him to videos from the dark web depicting group sexual assault on toddlers in a mall.
Arthur Hector Fernandez, 29, was arrested Dec. 18, 2023 in Kingwood, TX as the result of a Dec. 14 criminal complaint filed in federal court in Houston, records show.
The FBI were led to Fernandez as a suspect after viewing videos of an assault of a three-year-old child; a relative of the child “recognized the bracelets an individual in the video was wearing as belonging to Fernandez.”
The executive director of the Rainbow Resource Center, a prominent LGBTQ+ support center based in Modesto, has been identified as one of 17 men apprehended on suspicion of attempting to engage in sexual activities with a minor.
The revelation was first reported by the Modesto Bee.
Gerad Slayton, 42, was taken into custody during a sting operation organized by the Turlock Police Department, targeting individuals believed to be seeking illicit encounters with minors. Slayton, recently appointed as the executive director of the Rainbow Center, a local nonprofit dedicated to providing resources for LGBTQ+ individuals across all age groups, faces allegations of pursuing sexual activities with minors.
Rape kits that should have been analyzed by the NYPD but were left in storage at hospitals across the city are now part of a sprawling Department of Justice probe into the department’s Special Victims Division, The Post has learned.
The revelation comes after The Post revealed the snafu, which meant that an unknown number of cases were not fully investigated, victims didn’t get justice, and countless rapists could be roaming free.
Pakistan and Iran have traded airstrikes in each other’s territory. “The unprecedented attacks by both Pakistan and Iran on either side of their border appeared to target Baluch militant groups with similar separatist goals. The countries accuse each other of providing a haven to the groups in their respective territories.”
The Disney magic seems to extend everywhere. “Pixar is planning on MAJOR layoffs this year, up to 20% of employees could be dismissed.” Under Jobs it made money hand over fist, but after Disney went woke it’s produced one flop after another.
Speaking of layoffs, Sports Illustratedlays off everybody. Wait, you mean putting fat women and trannys on the cover of your swimsuit issue and fluffing Colin Kaepernick weren’t tickets to success? Who knew?
Science fiction legend and personal friend Howard Waldrop died over the weekend. Howard was one of the greatest short story writers the field has ever produced. Since you can’t make a living from short stories, Howard was never far from penury, and he spent six months living in a spare room in my house. Pretty much everyone in the field loved him, and he will be missed.
Biden family corruption tops this week’s LinkSwarm (with a lot of links to go through), Juicy heads back to jail, and the Houthi’s tug on Superman’s cape.
A corporation owned and controlled by Hunter Biden made several direct monthly payments to President Biden beginning in 2018, according to bank records released by the House Oversight Committee on Monday.
The subpoenaed bank records obtained by National Review reveal Owasco PC established a monthly payment of $1,380 to President Biden beginning in September 2018. The committee says the payments establish a direct benefit Biden received from his family’s foreign business dealings, despite Biden’s claims that he has never benefitted from or been involved in his son’s ventures.
“This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” House Oversight chairman James Comer says in a new video detailing the findings. “At this moment, Hunter Biden is under an investigation by the Department of Justice for using Owasco PC for tax evasion and other serious crimes.”
Comer says the payments “are part of a pattern revealing Joe Biden knew about, participated in, and benefited from his family’s influence peddling schemes.”
“As the Bidens received millions from foreign nationals and companies in China, Russia, Ukraine, Romania, and Kazakhstan, Joe Biden dined with his family’s foreign associates, spoke to them by speakerphone, had coffee, attended meetings, and ultimately received payments that were funded by his family’s business dealings,” the committee added in a press release.
It was unclear based on the bank records how many monthly payments were made, but a source familiar with the committee’s probe said investigators had discovered at least three payments.
Last week, the committee released an email from a bank money-laundering investigator who expressed serious concerns about a transfer of funds from China that ultimately trickled down to President Biden in the form of a $40,000 check from his brother, James Biden.
Biden received a $40,000 personal check from an account shared by his brother, James Biden, and sister-in-law, Sara Biden, in September 2017 — money that was marked as a “loan repayment.” The alleged repayment was sent after funds were filtered from Northern International Capital, a Chinese company affiliated with the Chinese energy firm CEFC, through several accounts related to Hunter Biden and eventually down to the personal account shared by James and Sara Biden.
Northern International Capital sent $5 million to Hudson West III, a joint venture established by Hunter Biden and CEFC associate Gongwen Dong on August 8.
On the same day, Hudson West III then sent $400,000 to Owasco, P.C., an entity owned and controlled by Hunter Biden. Six days later, Hunter Biden wired $150,000 to Lion Hall Group, a company owned by James and Sara Biden. Sara Biden withdrew $50,000 in cash from Lion Hall Group on August 28 and then deposited the funds into her and her husband’s personal checking account later that day.
On September 3, 2017, Sara Biden wrote a check to Joe Biden for $40,000.
An unidentified bank investigator sent an email on June 26, 2018 to colleagues raising concerns about money sent from Hudson West III to Owasco P.C. The email said the $5 million in funds sent from Northern International Capital to Hudson West III were primarily used to fund 16 wire transfers totaling more than $2.9 million to Owasco PC. The wires were labeled as management fees and reimbursements.
Joe Biden used several email aliases to regularly correspond with Hunter Biden’s business partner in recent years, including while he was serving as vice president, a GOP-controlled House committee leading the Republican impeachment inquiry revealed Tuesday.
IRS whistleblowers Joseph Ziegler and Gary Shapley provided the eleven-page log of emails ahead of a closed-door hearing before the House Ways and Means Committee on Tuesday. The document includes metadata associated with emails sent to and from Joe Biden’s alias email addresses from 2010 to 2019, though it does not include the content of those emails.
In total, Joe Biden exchanged 327 emails with Hunter Biden’s business partner, Eric Schwerin, the founding partner and managing director of Hunter’s defunct Rosemont Seneca Partners investment firm. Fifty-four of those emails were sent directly to Schwerin, while the rest included other parties. Out of the 327 emails logged in the document, 291 were sent during Joe Biden’s Vice Presidency. Joe Biden’s email aliases included “robinware456,” “JRBware” and “RobertLPeters.”
“Through months of testifying for hours and producing hundreds of pages of documentation, and just as many months of baseless attacks against them, their story has remained the same and their credibility intact. The same cannot be said for President Biden,” committee chairman Jason Smith (R., Mo.) said in a statement.
“So far, our witnesses have produced over eleven-hundred pages of evidence, sat for 14 hours of closed-door testimony with counsel from the majority and minority on this committee, testified publicly before the Oversight Committee, and today, have provided us with new evidence.”
Smith also emphasized that much of the email correspondence between Joe Biden and Schwerin occurred around the then-vice president’s June 2014 trip to Ukraine.
Hunter Biden received a whopping $4.9 million from Hollywood lawyer Kevin Morris in a three-year period, according to an IRS agent who investigated the president’s son for alleged tax evasion.
The revelation signifies a substantial increase in the known amount that Hunter, 53, got from his so-called “sugar brother” after the men reportedly met for the first time at a December 2019 campaign fundraiser.
IRS agent Joseph Ziegler shared the jaw-dropping figure and additional documentation Tuesday with the House Ways and Means Committee in a follow-up appearance as House Republicans near an expected vote to authorize an impeachment inquiry into President Biden for his alleged role in his family’s foreign dealings.
Prior reporting indicated Morris paid about $2 million in tax debts for Hunter and purchased some of his novice artworks.
Morris’ motives for helping the first son financially and the authenticity of their friendship have been debated by Republicans.
As part of his Tuesday testimony, Ziegler provided legislators an email showing that as early as Feb. 7, 2020 — two months after they met — Morris was contacting accountants on Hunter’s behalf and warning them to work quickly to avoid “considerable risk personally and politically.”
Ziegler, who investigated Hunter’s taxes for five years before he was removed from the case this year, said the first son’s income from Morris — at least some of it deemed loans — resembled Hunter’s practice of trying to avoid paying taxes on other income by describing it as loans.
And after the hundreds of stories of Hunter Biden’s corruption, and his key role in funneling foreign money into his father’s hands, Hunter has finally been indicted on nine criminal counts.
An American warship and several commercial ships faced attacks in the Red Sea on Sunday, the Pentagon said.
“We’re aware of reports regarding attacks on the USS Carney and commercial vessels in the Red Sea and will provide information as it becomes available,” the Pentagon said.
A U.S. official told the Associated Press the attack began around 10 a.m. in Sanaa, Yemen, and lasted five hours.
Officials did not say where the attacks may have come from.
Yemen’s Iran-backed Houthi rebels have launched several attacks in the Red Sea in recent weeks and has launched drones and missiles toward Israel since the start of the Israel-Hamas war in October.
Texas is suing the Biden Administration yet again, this time over imposing censorship.
The Texas Office of the Attorney General (OAG) filed a joint lawsuit, along with co-plaintiff media outlets The Daily Wire and The Federalist, against the U.S. Department of State, alleging the federal government both directly and indirectly violated the First Amendment rights of certain online news outlets by placing them on a censorship “blacklist.”
According to the OAG, the lawsuit, filed in the U.S. District Court for the Eastern District of Texas, alleges an office within the state department known as the Global Engagement Center (GEC) was used to “limit the reach and business viability of domestic news organizations by funding censorship technology and private censorship enterprises.”
The stated purpose of the GEC is to lead the federal government’s effort to “counter foreign state and non-state propaganda” and disinformation efforts that pose a risk to the United States or influence the government’s policies.
However, the plaintiffs argue the GEC was weaponized to “violate the First Amendment and suppress Americans’ constitutionally-protected speech.”
In short, the lawsuit describes how the government created multiple censorship programs that worked to de-platform, shadowban, discredit, and demonize certain American media outlets.
It argues that some of these mechanisms were not just surveillance tools for the government to monitor and identify potential propaganda and disinformation, but rather characterized the technology that had been developed as “tools of warfare” used to shape opinions and perceptions that had been “misappropriated and misdirected to be used at home against domestic political opponents and members of the American press with viewpoints conflicting with federal officials.”
“Media Plaintiffs each face blacklisting, reduced advertising revenue, reduced potential growth, reputational damage, economic cancellation, reduced circulation of reporting and speech, and social media censorship — all as a direct result of Defendants’ unlawful conduct,” the lawsuit states.
“I am proud to lead the fight to save Americans’ precious constitutional rights from Joe Biden’s tyrannical federal government,” Attorney General Ken Paxton said in a news release announcing the lawsuit.
“The State Department’s mission to obliterate the First Amendment is completely un-American. This agency will not get away with their illegal campaign to silence citizens and publications they disagree with.”
“Those government-funded, government-promoted censorship technologies and enterprises targeted conservative media outlets, including The Daily Wire,” Ben Shapiro said in a video statement released regarding the lawsuit. Shapiro is the editor emeritus of The Daily Wire.
“Their goal is to paint us as unreliable and therefore to push advertisers away from advertising on programs like this one, websites like The Daily Wire, websites like The Federalist, that is an ongoing problem that is being pushed by the state department,” he said.
Back to jail for Juicy. Nate the Lawyer offers a good overview of the twists and turns of the case. I had forgotten that he had paid his “attackers” with a personal check…
The F-117 Nighthawk was retired in 2008. Or was it?
the Belarus Red Cross Society is suspended from the International Federation of Red Cross and Red Crescent Societies (IFRC).
The suspension is the result of noncompliance by the Belarus Red Cross with the request for the dismissal of Mr. Dimitry Shevtsov, Secretary General of the National Society. This follows the decision of the IFRC’s Governing Board of 3 October 2023 relating to the investigation into the allegations against Belarus Red Cross Secretary General for his statements, including on nuclear weapons and on the movement of children to Belarus, and his visit to Luhansk and Donetsk.
The suspension means that the Belarus Red Cross loses its rights as a member of the IFRC. Any new funding to the Belarus Red Cross will also be suspended.
“Governor Greg Abbott is keeping the endorsements rolling, announcing his support for Marc LaHood for Texas House. LaHood, an attorney from San Antonio, is challenging State Rep. Steve Allison (R–San Antonio), who was elected to the House in 2018 to replace retiring House Speaker Joe Straus. Since then, Allison has consistently had one of the most liberal voting records among his Republican colleagues.”
The Walt Disney Co. effectively controlled the local government around the site of Walt Disney World in Orlando, Florida, for decades in what an extensive review by the state government calls “the most egregious exhibition of corporate cronyism in modern American history.”
After Disney bought the land that would become its massive amusement park and resort, it received permission from the Florida Legislature and governor in 1967 to create a local government, the Reedy Creek Improvement District.
From that time until Florida Gov. Ron DeSantis signed a bill Feb. 27 abolishing the Reedy Creek district, Disney heavily influenced the local government to its advantage, according to a new report Monday from the Central Florida Tourism Oversight District.
The legislation signed into law by DeSantis, a Republican, transformed the Reedy Creek district into the Central Florida Tourism Oversight District, which aims to root out what critics see as Disney’s corrupt hold over the local government.
In the report, a copy of which was provided early to The Daily Signal, the new Central Florida Tourism Oversight District claims that “Disney not just controlled the Reedy Creek Improvement District, but did so by effectively purchasing loyalty.”
Although the Reedy Creek district was a separate entity from the Walt Disney Co., the district treated its employees as if they were Disney employees, sometimes referred to as “cast members,” and awarded them lavish perks unavailable to the general public.
The new Florida government report used the expertise of George Mason University Professor Donald J. Kochan in governance; William Jennings at Delta Consulting Group in accounting; the consulting firm Kimley-Horn for engineering; and Public Resources Advisory Group Managing Director Wendell Gaertner for public finance.
The report notes: “Disney effectively bribed RCID employees (and retirees, members of the [RCID] Board of Supervisors, and vendor VIPs) by showering them with company benefits and perks: millions of dollars’ worth of annual passes to theme parks worldwide, 40% discounts on cruises, free transferable single-use tickets during the holiday season, steep discount on merchandise, marked discounts on food and beverage, and access to non-public shopping reserved for Disney cast members (where merchandise was greatly discounted and items were made available that were otherwise not available for public purchase).”
Target loses $9 billion in market cap for trying to tranny dress toddlers. I would boycott them over that, but I was already boycotting them over the tranny bathrooms.
“‘There’s Poop Everywhere’: San Francisco’s Office District Not Only A Ghost Town, It’s Also Covered In Sh*t.”
Everyone knows that San Francisco is the nation’s largest public toilet – requiring the city to employ six-figure ‘poop patrol’ cleanup team, however a new report from the city Controller’s Office really puts things in poo-spective.
For starters, feces were found far more often in commercial sectors, covering “approximately 50% of street segments in Key Commercial Areas and 30% in the Citywide survey,” second only to broken glass as can be seen in the ‘illegal dumping’ section.
If you’re wondering about the city’s fecal methodology, look no further than a footnote on page 43;
Feces also includes bags filled with feces that are not inside trash receptacles. Feces that are spread or smeared on the street, sidewalk, or other objects along the evaluation route are counted. Stains that appear to be related to feces but have been cleaned are not counted. Bird droppings are excluded.
As far as where most of the poo is found, Nob Hill takes the top spot, followed by the Tenderloin and The Mission districts.
“After California health authorities in 2014 imposed a mandate requiring requiring churches to provide elective abortion coverage to its employees, four churches sued, and after a long court battle, have now won a $1.4 million settlement.” (Hat tip: Sarah Hoyt at Instapundit.)
In a classic case of bad timing, Tim Scott also announced that he’s running for president. I don’t see him making much headway against Trump or DeSantis, but he’s a serious veepstakes contender.
C. Boyden Gray, RIP. Among his most important tasks was spearheading the campaign for Clarence Thomas’ nomination to the Supreme Court.
It’s weird to be on the same side of an issue as Taco Bell. Namely that no one should be able to trademark “Taco Tuesday.”
Citing air-worthiness concerns, the FAA grounds the…B-17? Good to know they’re finally working through that 1946 backlog… (Hat tip: Dwight.)
The first rule of baggage claim fight club is you don’t talk about baggage claim fight club. The second rule of baggage claim fight club is that the blue zone is for loading and unloading only.
What is it like to cross the Darien Gap by car? A green hell.
Florida Governor Rob DeSantis has made it official that he’s running for President in 2024. Right now I’m backing DeSantis over Trump, not for the reasons floated by the TDS-riddled, cruiseship class “conserving conservatism” crowd, but because DeSantis has constantly, consistently and repeatedly taken the fight to the social justice warrior set to combat their quest to fundamentally alter America in the name of neo-Marxist victimhood identity politics.
Also, he signed a pro-school choice vouchers bill, which attacks the SJW/teacher’s union education establishment by letting parents remove children from their clutches.
And much more in that vein.
We can debate various other positions of Trump and DeSantis, but DeSantis has been much more active in fighting the far-left social justice warrior agenda than Trump was while President. DeSantis has crushed his SJW enemies, driven identitarians before him and heard the lamentations of their shemales.
Trump may drive the left crazy, but it’s DeSantis that has the hill of skulls surrounding his throne.
The Russian Collusion Hoax is now officially bunk, Budweiser’s self-inflicted freefall continues, blue city commercial real estate bites the moose, and a whole lot of shocked face to go around. It’s the Friday LinkSwarm!
The Department of Justice and the FBI did not have “any actual evidence of collusion” between Russian officials and Donald Trump’s 2016 presidential campaign, and began their Crossfire Hurricane probe of Trump’s campaign based on “raw, unanalyzed, and uncorroborated intelligence,” according to a report released on Monday by special prosecutor John Durham.
Durham scolded federal law enforcement and counter-intelligence officials for failing to “uphold their important mission of strict fidelity to the law” as part of their investigation.
He wrote that at least one FBI agent criminally fabricated language in an email that was used to obtain a FISA surveillance order. And he accused FBI leaders of displaying a “serious lack of analytical rigor” and relying significantly on “investigative leads provided or funded (directly or indirectly) by Trump’s political opponents,” referring to staffers and allies of Hillary Clinton, then the Democratic presidential nominee, whose campaign funded the Steele dossier through its law firm Perkins Coie.
Compiled by former British intelligence agent Christopher Steele, the dossier is an unverified collection of opposition research accusing then-candidate Trump and his campaign aides of collaborating with Kremlin officials. The FBI used the dossier to secure a FISA warrant to surveil Trump campaign aide Carter Page, though its central claims were subsequently disproven by Special Counsel Robert Mueller’s investigation.
The report notes that the FBI was quick to investigate Trump, while it proceeded cautiously with allegations against Clinton.
The 316-page report sent to Congress was nearly four years in the making. It concluded that neither federal law enforcement nor intelligence officials “appears to have possessed any actual evidence of collusion in their holdings at the commencement of the Crossfire Hurricane investigation,” which the FBI “swiftly opened.”
The report accuses federal officials of acting “without appropriate objectivity or restraint.” Peter Strzok, then the FBI’s deputy assistant director for counterintelligence, opened the investigation “immediately” at the direction of Andrew McCabe, then the FBI’s deputy director. “Strzok, at a minimum, had pronounced hostile feelings toward Trump,” the report states.
It states that former FBI attorney Kevin Clinesmith “committed a criminal offense by fabricating language in an email that was material to the FBI obtaining a FISA surveillance order.”
Durham wrote that FBI officials continued to seek FISA surveillance while acknowledging that “they did not genuinely believe there was probable cause to believe that the target was knowingly engaged in clandestine intelligence activities on behalf of foreign power, or knowingly helping another person in such activities. And certain personnel disregarded significant exculpatory information that should have prompted investigative restraint and re-examination.”
“Based on the review of Crossfire Hurricane and related intelligence activities, we conclude that the Department and the FBI failed to uphold their mission of strict fidelity to the law in connection with certain events and activities described in this report,” Durham wrote.
“Gov. Newsom Announces California Budget Deficit Bigger than Projected.” Legal Insurrection has already used the “unexpectedly” here, so I’ll just note that Newsom is the far lefty a whole lot of Democratic Party power players want to substitute for Biden at the top of the ticket in 2024.
“NIH Renews Funds for ‘Bat Coronavirus’ Research despite Energy Department, FBI’s Lab-Leak Conclusion.” That’s like catching Mrs. O’Leary’s cow after she’s burned down Chicago, strapping lit fireworks to her body and letting her loose in the dynamite factory.
“Things are so bad, in fact, that 26 Empire State Buildings could fit into New York City’s empty office space, as occupancy in the city is hovering around 50% of prepandemic levels.”
“In San Francisco, the downtown area is experiencing its worst office vacancy crisis on record – with 31% of space available for lease or sublease, the SF Chronicle reports.”
Bud Light finds out there’s no bottom to their tranny pander pit. “Sales volumes of Bud Light fell by 23.6 percent in the week ended on May 6, according to retail scanner numbers cited by Beer Business Daily that are based on Nielsen IQ data. That’s a drop from the 23.3 percent slide Bud Light suffered in the final week of April.”
Finnish nuclear plant coming online drops spot energy prices by 75%.
Republican governors released a joint statement on Tuesday pledging to assist Texas in securing its border with Mexico.
In response to Gov. Greg Abbott’s request for assistance, twenty-four Republican governors committed to helping secure the 1,254-mile-border and commended the Texas Republican for the recent actions he was forced to take due to the failures of the Biden administration’s open-border policies, according to the Washington Examiner.
“The federal government’s response handling the expiration of Title 42 has represented a complete failure of the Biden Administration,” the joint statement reads. “While the federal government has abdicated its duties, Republican governors stand ready to protect the U.S.-Mexico border and keep families safe.”
“All states have suffered from the effects of deadly illegal drugs coming across the border, and every state is a border state due to the devastating influx of drugs in our communities. Republican governors are leading the way to address the border crisis by increasing fentanyl sentencing and increasing support for law enforcement interdiction of drugs, among other measures,” they continued.
“Texas Governor Greg Abbott has exemplified leadership at a critical time, leading the way with Operation Lone Star, and deploying the Texas Tactical Border Force to prevent illegal crossings and keep the border secure. We support the efforts to secure the border led by Governor Abbott.”
On Tuesday afternoon, Abbott sent an urgent request to all of the nation’s governors asking them to band together to defeat the invasion at the US/Mexico border, something he said impacts every community in the United States.
“The flood of illegal border activity invited by the Biden Administration flows directly across the southern border into Texas communities, but this crisis does not stop in our state. Emboldened Mexican drug cartels and other transnational criminal enterprises profit off this chaos, smuggling people and dangerous drugs like fentanyl into communities nationwide,” Abbott wrote.
“In the federal government’s absence, we, as Governors, must band together to combat President Biden’s ongoing border crisis and ensure the safety and security that all Americans deserve,” he requested.
While no Democratic governors responded to the letter, twenty-four Republicans pledged to help from states which include: Alabama, Alaska, Arkansas, Georgia, Idaho, Indiana, Iowa, Missouri, Mississippi, Montana, Nebraska, North Dakota, New Hampshire, Nevada, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Utah, Virginia, West Virginia, and Wyoming.
Jorge Mijares left Venezuela months ago — last November, he says. He’s been in Ciudad Juarez, across the Rio Grande River from El Paso, for four weeks. But he planned to cross over Thursday night, as Title 42 immigration restrictions ended.
“I have the app,” said Mijares, 54. “I’m just waiting for it to tell me when to go.”
He’s not concerned about the Biden administration’s warnings against migration. After all, he has many friends who have made it across — safely.
There’s an app that tells you how to break U.S. immigration laws. Of course there is. Silly of me to be even slightly surprised. “The street finds its own uses for things” as the now-elderly cyberpunks used to say…
Twisted Sisiter’s Dee Snider is not down with your tranny madness. You submitted this with a better “we’re not going to take it” pun.
Speaking of tranny madness: Cross-dressing serial thief Samuel Brinton arrested as a fugitive from justice.
House Speaker Kevin McCarthy has laid out the devastating results of runaway government spending on the middle class and why it’s so important to claw back lost ground for the average American, who has “received a pay cut for 24 consecutive months … as inflation has persisted.”
He also noted the average American family has lost the equivalent of more than $7,000 in annual income.
There is a direct link between spending, borrowing and printing trillions of dollars, and these disastrous results for Americans.
President Biden has spent trillions of dollars the nation didn’t have.
These unchecked costs drove the deficit to record highs and pushed the debt over $31 trillion.
A former Connecticut Planned Parenthood honcho took his own life days after police failed to arrest him on child pornography charges — botching the raid by knocking down the door of the suspect’s New Haven neighbor.
Tim Yergeau, 36, the former director of strategic communications at the Southern New England branch of Planned Parenthood, died by suicide on Tuesday amid a child pornography investigation in Connecticut last week.
The Biden administration on Thursday unveiled a proposal that would prohibit schools from instituting policies that “categorically ban transgender students from participating on sports teams consistent with their gender identity.” The policy would allow schools to implement certain limitations in the interest of fairness or safety, however.
The proposed rule, which would impact any school or college that receives federal funding, would expand Title IX protections to include gender identity. Under the proposal, a “one-size-fits-all” ban on transgender athletes playing on teams that match their stated gender identity would be a violation of Title IX. The rule, which is likely to face challenges, will face a lengthy approval process.
This is, in fact, the exact opposite of the text of Title IX, which provides special protection for biological women, not men pretending to be women.
Under the radar, a package of bills is ramming through sweeping changes that will reorient our public schools around a new paradigm — subordinating academic basics to an obsessive, politicized preoccupation with race and social justice activism.
“Critical Social Justice” ideology (CSJ) — the vehicle for manipulating our young people into adopting this worldview — is laced strategically through a variety of bills, including “ethnic studies” (HF 1502), “Teachers of Color” (HF 320) and now the House and Senate omnibus education bills (HF 2497/SF 2684).
Taken together, this legislation will inject reductive, racialized thinking into every classroom in Minnesota’s approximately 500 school districts and charter schools; change the fundamental mechanics of education in our state; and give the Minnesota Department of Education (MDE) and the Professional Educator Licensing and Standards Board (PELSB) broad new powers that amount to an end-run around our state’s hallowed tradition of local control.
Here’s a story I missed earlier: “Kazakhstan Impounds Property of Roscosmos Subsidiary.” That’s the Russian company that’s the main operator of Baikonur spaceport. Haven’t seen any resolution to this, mainly because Russia is so broke thanks to mismanagement, sanctions, and an illegal war of territorial aggression.
Jay Leno drives the 1,025 horsepower 2023 Dodge Challenger SRT Demon 170. I have an irrational desire to own something with a Hellcat engine, which I need like I need a hole in my head. Plus I like the look of the Shelby GT-500 Mustang better, and I’m not buying one of those either.
“Disney has proudly employed sex predators for years, and this act of aggression by DeSantis will force thousands of our proud pedo-American workers to leave the park to stay outside the 1,000-foot radius required by law,” said Disney CEO Bob Iger. “This is tyranny!”
One quarter of the year gone! Career criminals coddled by Soros Stooges, crazy woman who thinks she’s a man murders children, lots of Flu Manchu fraud, and Botox makes you crazy(er). It’s the Friday LinkSwarm!
Everyone and their dog is covering the ham sandwich Trump indictment, so I’ll leave that to others. I will note that Alan Dershowitz is not impressed. “Based on what we know about this case, it may be one of the weakest cases in my six years of experience.”
On the morning of Election Day last November, William French went to his local polling place in Freeland, Pennsylvania, to cast his vote. But the qualified and registered voter wasn’t allowed to. The disabled U.S. Army veteran was told that the precinct had run out of paper for ballots and he had to come back later in the afternoon.
So that’s what he did, returning at 3:30 p.m. But the precinct still didn’t have ballots. Election workers told him to return yet again. But by nightfall, it was too difficult. French has endured 17 surgeries on his destroyed leg and uses a cane to walk. But the sidewalks are a mess, and he was worried about the risk of falling and further injury.
That same morning, Melynda Reese and her husband went to their polling location in Shickshinny, Pennsylvania. But only Reese’s husband was allowed to vote, and for the same reason: The precinct had run out of paper. They came back at 4:00 p.m. and were told there would be a lengthy wait.
Reese is a corrections officer and her husband’s primary caregiver. He had recently suffered two cardiac arrests and a stroke. He required regular medication and attention and couldn’t be left alone. Long waits were also too much to bear. The couple returned at 6:30 p.m., and saw a line that stretched so long that they knew they couldn’t wait. Around 9:15 p.m., an election official called Reese and told her that ballots were finally available and she could vote. But her husband had just taken his sleeping pills and she couldn’t leave him unattended.
French and Reese are just two of the thousands of voters affected by poor election administration in Luzerne County, Pennsylvania. The two just sued Luzerne County, its Board of Elections and Registration, and its Bureau of Elections in federal court for violations of their constitutional right to vote.
“Voters in Luzerne County through no fault of their own, were disenfranchised and denied the fundamental right to vote. William French and Melynda Reese are two of those voters. They bring suit to vindicate the denial of their sacred right to vote, to make sure voters are not disenfranchised in the future, and to bring integrity back to elections in Luzerne County,” said Wally Zimolong, lawyer for French and Reese.
The House Oversight Committee is investigating the explosive claims by Dr. Gal Luft, a former Israel Defense Forces lieutenant colonel with deep intelligence ties in Washington and Beijing, who says he was arrested to stop him from revealing what he knows about the Biden family and FBI corruption — details he told the Department of Justice in 2019, which he says it ignored.
Luft, 56, first made the claims on Feb. 18 on Twitter, after being detained at a Cyprus airport as he prepared to board a plane to Israel.
“I’ve been arrested in Cyprus on a politically motivated extradition request by the U.S. The U.S., claiming I’m an arms dealer. It would be funny if it weren’t tragic. I’ve never been an arms dealer.
“DOJ is trying to bury me to protect Joe, Jim, and Hunter Biden.
“Shall I name names?”
Luft remains in jail awaiting extradition to the US over what he says are trumped-up charges of arms trafficking to China and Libya, and violations of the Foreign Agents Registration Act.
Luft claimed that he tried to reach out to the DOJ about the Chinese energy company CEFC paying Hunter $100,000 and James Biden, Joe’s brother, $65,000 “in exchange for their FBI connections and use of the Biden name to promote China’s Belt and Road Initiative around the world.”
James O’Keefe has not allowed his forced exit from Project Veritas to stop him. His new journalism outfit, O’Keefe Media Group (OMG), just released a video uncovering evidence of what O’Keefe calls a possible “money-laundering scheme” for the Democrats. Some individuals reportedly appear to have donated thousands of times over a relatively short period to the tune of hundreds of thousands of dollars to ActBlue and Biden for President, based on Federal Election Commission records.
“FEC data shows that some senior citizens across the U.S. have been donating thousands of times per year,” O’Keefe began. “Some of these individuals’ names and addresses are attached to over $200,000 in contributions. We went and knocked on a few of their doors to corroborate the data that we received from a group of citizen journalists called Election Watch in Maryland.” The video then showed O’Keefe visiting someone who is listed as donating over $217,000, through 12,000 separate contributions. This money was earmarked for various entities through leftist platform ActBlue over three years’ time. Some of the donations were made with variations of the person’s name and address, O’Keefe stated.
The data he obtained was state and FEC data, O’Keefe said. “We’re wondering if these donors are victims of what appears to be a money-laundering scheme, or [if] these residents actually participated in the scheme. We’re making phone calls, we’re knocking on doors, these are things that you can do, we hope you do that.” There are “bizarre amounts of data” on homes and individuals making many thousands of dollars of donations, O’Keefe said, urging others to help him investigate.
The first person shown opening the door to O’Keefe, a Marylander listed as donating $32,000 in 3,000 different contributions, said he was unaware of the donations but advised O’Keefe as a solution to hit Donald Trump “with a bat.” The man added, “I want to see a scar on his f**king head. Now stop f**king with me,” and slammed the door.
Another donor, Cindy, according to O’Keefe, supposedly donated over $18,000 in 1,000+ donations to ActBlue in 2022, which would necessitate donating “three times a day, every day, for the whole year.” When asked if she’d donated over $18,000, Cindy responded with a quick laugh, “I doubt that. No, I don’t think so… I wish I could have donated $18,000 to Biden’s presidency.”
Meanwhile Carolyn Lenz, in Tucson, Ariz., told OMG that she “absolutely [did] not” donate over 18,000 times for $170,000+ to ActBlue. She looked at the data showing “she” donated multiple times a day, often in $5 to $15 increments, and insisted that the donations were not hers. “They must be” fraudulent, Lenz said.
After rejecting her in 2018, the voters of Alameda County, California selected Pamela Price as their new District Attorney last year. Price had taken hundreds of thousands of dollars from George Soros for her two campaigns. That probably tells you most of what you need to know, since Soros only funds candidates who are soft on crime and willing to empty the jails as much as possible. Price quickly proved herself no exception, seeking to cut a plea deal with a killer who had been arrested for one triple murder for hire, was accused in the murder of a court witness, and several other violent crimes. Rather than the 75 years to life sentence that Delonzo Logwood was eligible for, Price wanted to cut him loose after fifteen years. Thankfully, a County District Judge stepped in and rejected the deal out of hand. (Free Beacon)
A California judge this week blocked a newly-elected progressive prosecutor’s effort to slash a triple murderer’s sentence.
Alameda County district judge Mark McCannon rejected District Attorney Pamela Price’s plea deal for a 31-year-old man jailed for a 2008 triple murder-for-hire, among other crimes. Price, who took office in November and has taken hundreds of thousands of dollars from the progressive billionaire George Soros, attempted to sentence Delonzo Logwood to just 15 years in prison, though he was eligible for a sentence of 75 years to life.
You can’t keep a bad man down. Keith Chastain, 38, is a one-thug crime spree.
Chastain racked up an impressive array of arrests in Fresno County, California, (of course). Between Feb. 19 and March 21, he was arrested 10 times for a menagerie of crimes encompassing 15 misdemeanors and 18 felonies, including:
six stolen cars
fraud
DUI (duh)
drugs (duh)
vandalism
Chastain was hit with three additional charges — DUI, trespassing, and auto theft — but those were dropped when cops failed to file the charges in time.
Snip.
“Unfortunately, this is not as unique of a situation as it seems,” Tony Botti, spokesman for the Fresno County Sherriff’s office, stated. “California has watered down the laws so much over the years for property criminals and repeat offenders that they are not held accountable like they should be. Sadly, it is our community members who suffer due to these soft-on-crime policies.”
According to court documents, Edwin Maldonado spent many months thumbing his nose at what he was ordered by the court to do.
His punishment for that is more like a prize.
“You’ve got someone who was rewarded for being a failure, and this guy was a failure over 1,000 and some odd times,” said Andy Kahan with Crime Stoppers.
First, Maldonado gets a felony charge for drug possession. A few weeks later, he’s charged with aggravated robbery with a deadly weapon. He makes his $30,000 bond and walks out of jail.
“I’ve certainly had clients hauled back into court on violations, maybe two or three times that have been alleged,” said criminal defense attorney Emily Detoto.
Associate Judge Tiffany Hill presided over a bond revocation hearing for Maldonado.
“For obvious reasons, you are not abiding by your rules and conditions period, and God knows what he was doing when he wasn’t where he was supposed to be,” Kahan said.
According to court documents, Maldonado failed to comply with any of his bond conditions for eight months.
According to his GPS monitor, he left his curfew zone 847 times, was called 453 times about his whereabouts, and had more than 1,000 GPS monitor violations.
A suspect arrested and charged in a recent brutal “jugging” robbery in Houston that left a woman paralyzed was out on a $100 bond for a weapons-related charge.
On the morning of February 13, Nung Truong, 44, withdrew money from a bank ATM but was followed for approximately 24 miles by two suspects. Surveillance video released by the Houston Police Department shows a black male bumping into Truong and causing her to drop her belongings. The suspect initially fled with an envelope but returned seconds later to body-slam Truong to the ground before taking $4,300 in cash.
A mother to three children aged 13, 15, and 20, Truong is now paralyzed and unable to walk or care for herself.
Last Friday, Houston Police arrested Joseph Harrell, 17, and Zy’Nika Ayesha Woods, 19, for the attack and charged both suspects with Aggravated Robbery with Serious Bodily Injury.
According to court records, on January 26, 2023, Harrell had been granted a General Order bond of $100 for Unlawful Possession of a Weapon. He also faces charges of Aggravated Assault with a Deadly Weapon related to an incident in February in which he threatened another victim with a gun. Harrell is currently being held in the Harris County jail on bonds totaling $240,000.
Snip.
Although Harrell’s Unlawful Possession of a Weapon charge was assigned to Harris County Court 2 under Judge Paula Goodhart, his bond was signed by Judge David Singer.
Elected to Harris County Criminal Court 14 in 2018, Singer lost in the March 2022 Democratic primary election and his term ended December 31, 2022. As a one-term judge, Singer is not eligible under state code to serve as a visiting judge.
The 11th Administrative Judicial Region confirmed to The Texan that Singer is not listed as a visiting judge.
The Harris County Office of Court Management emailed the following statements to The Texan:
“David Singer was appointed as associate judge pursuant to Section 54A.002 of the Texas Government Code and the Local Rules for Harris County Criminal Courts at Law. His start date was Jan. 1, 2023.”
Finland gets the green light to join NATO, with Turkey and Hungary approving their membership. Sweden’s application is still under negotiation. As I noted previously, tangling with the Finns has not been a source of happiness for Russia.
Poor priorities. “European Ammo Maker’s Growth Stymied By TikTok Data Center Sucking Up Electricity.”
LA City Council member Mark Ridley-Thomas convicted of taking bribes. “He was convicted of one count of bribery, one of conspiracy, one count of honest services mail fraud, and four counts of honest services wire fraud. The jury acquitted him on 12 other counts.”
Veterans Affairs assistant secretary Kurt DelBene is married to Rep. Suzan DelBene (Wash.), chairwoman of the DCCC. It’s a big club, and you’re not in it. (Hat tip: Stephen Green at Instapundit.)
Federal prosecutors announced a 58-year-old Plainview man is facing 102 years in prison after pleading guilty to stealing $4 million in federal relief funds passed during the COVID-19 pandemic.
On Friday, Andrew Johnson pleaded guilty in the Northern District of Texas to three counts of bank fraud, one count of aggravated identity theft, and one count of engaging in monetary transactions in property derived from unlawful activity, according to a news release published by the U.S. Department of Justice (DOJ).
Johnson swindled millions from the Paycheck Protection Program passed in the early weeks of the pandemic to help stave off the economic effects of business closures, government restrictions, and shelter-in-place mandates. As part of the fraud, Johnson applied for and received forgiveness for 27 bogus loans.
He spent more than $3.5 million of the stolen funds on “home renovations, vacations, clothing, cosmetic surgery, college tuition, cars, wedding expenses, and equipment for an unrelated business venture,” according to the DOJ.
After an investigation that took longer than a year, the Office of the City Auditor in Austin said it found Central Texas Allied Health Institute (CTAHI), a nonprofit City of Austin contractor, committed fraud against Austin Public Health and falsified health records.
According to the investigative report, CTAHI misrepresented over $1.1 million in financial transactions across three contracts with Austin Public Health and was incorrectly paid roughly $417,000 between December 2020 and September 2021 because of fraudulent contract claims. The report also claimed CTAHI falsified its COVID-19 vaccine contract performance by overstating vaccination totals and fabricating patient data.
“This is up there with some of the biggest cases we’ve investigated on my team,” said Brian Molloy, chief of investigations at the Chief of the City Auditor.
CTAHI, President Todd Hamilton, and Dr. Jereka Thomas-Hockaday — both of whom were named in the report — denied the claims made in the report in a statement Thursday.
Snip.
CTAHI’s three contracts with Austin Public Health were for COVID-19 testing, workforce development, and COVID-19 vaccines, according to the city. Between December 2020 and September 2021, the city said CTAHI submitted 23 claims for reimbursement to APH under the workforce development and COVID-19 vaccine contracts.
Flu Manchu is the fraud fount that just keeps giving… (Hat tip: Dwight.)
NHL might stop pushing gay pride after backlash from players and fans. “Philadelphia Flyer’s player Ivan Provorov didn’t want to participate in a ‘Pride’ event during warmups…Soon, other players also refused to participate after Povorov showed it could be done, and some entire team organizations dropped their planned LGBT pride events. And thanks to this one man’s stand, the NHL is considering dropping the whole ‘Pride’ push.”
Gordon Moore, one of the founders of Intel and coiner of Moore’s Law, is dead at age 94. Semiconductors have radically changed just about every facet of the world.
A Chinese company based out of Hong Kong which paid at least $3 million to several members of the Biden family has since been revealed to have ties with the ruling Chinese Communist Party (CCP).
According to the Daily Caller, State Energy HK Limited sent $3 million via wire transfer to Robinson Walker LLC, a company run by an associate of the Biden family named John Robinson Walker. The wire transfer took place in March of 2017, shortly after Joe Biden’s term as Vice President came to an end, according to a report released on Thursday by the House Oversight Committee.
One of the direct subsidiaries of State Energy HK is State Energy Group International Assets Holdings Limited (SEIAH). At the time of the wire transfer, SEIAH’s chairman was Ren Qingxin, who previously worked for the CCP as a representative at a business organization.
Shortly after the $3 million transfer, Ren was succeeded in his leadership position by Lei Donghui, who had been a member of the CCP since 2002, where he served as Secretary General of the International Engineering Business Bureau of China State Construction (CSC). CSC has since been designated by the Department of Defense as a “Communist China military company.”
Subsequently, the $3 million sent to Robinson Walker was then transferred to four different members of the Biden family: Joe Biden’s son Hunter, brother James, daughter-in-law Hallie, and a fourth unidentified family member, the Oversight Committee reports. The transfers were sent in several transactions, both to the family members directly and to several of their companies, including Owasco PC, JBBSR Inc, and RSTP II, LLC.
The previously-unknown involvement of Hallie – the widow of Biden’s elder son Beau, who later became Hunter’s girlfriend after Beau’s death – has proven to be one of the biggest bombshells yet in the GOP’s investigations into Biden family corruption.
Dutch Farmer’s Party poised to win 16 or 17 seats in parliament thanks to opposing that country’s mad global warming anti-meat mandates. “The Boer-Burger Beweging (BBB), or Farmer-Citizen Movement, is set to become the largest party in the country’s senate, winning more seats than Prime Minister Mark Rutte’s ruling conservative VVD party.”
Red Guards come to Maine. “Kristen Day said students affiliated with one of RSU 14’s Civil Rights Teams harassed her daughter. When her daughter refused to speak about her sexuality, two students affiliated with the club began to bully her and call her homophobic.” (Hat tip: Stephen Green at Instapundit.)
Eric Weinstein on Joe Rogan about what really happened with Kayne West. He suggests that West’s Hitler comments were simply him trying to channel Thomas à Kempis.
Sunday and Monday this week, I gathered up all my dead branches from the ice storm along the curb in advance of Tuesday’s announced neighborhood-wide branch pickup. I know it’s going to take some time, but it’s Friday and I see no signs that brush has been cleared from anyone’s curbs…
He said ESG poses a threat to the American Economy and individual economic freedom, he further said it’s an attempt for corporate’s elite to discriminate against those who do follow a particular “ideological agenda.” His proposal will outlaw this.
“By applying arbitrary ESG financial metrics that serve no one except the companies that created them, elites are circumventing the ballot box to implement a radical ideological agenda. Through this legislation, we will protect the investments of Floridians and the ability of Floridians to participate in the economy,” DeSantis said, at the news conference.
Heh. “Federal District Court Judge Orders Illinois to Show Examples of Every Newly-Banned Firearm.” (Hat tip: Instapundit.)
Maybe they should spend more time on schools instead. “Not A Single Student Can Do Math At Grade Level In 53 Illinois Schools.”
“Judy Monro-Leighton, one of three women who accused now-Justice Brett Kavanaugh of sexual assault, was found to have lied during a congressional investigation and is now being charged with making materially false statements and obstruction.”
Nicaragua’s scumbag commie government sentences Roman Catholic bishop Roland Alvarez to 26 years in prison for “treason” for daring to stand up for Catholics and refusing to be exiled.
What began as a trickle is now a flood: the US government is using the banking sector to organize a sophisticated, widespread crackdown against the crypto industry. And the administration’s efforts are no secret: they’re expressed plainly in memos, regulatory guidance, and blog posts. However, the breadth of this plan — spanning virtually every financial regulator — as well as its highly coordinated nature, has even the most steely-eyed crypto veterans nervous that crypto businesses might end up completely unbanked, stablecoins may be stranded and unable to manage flows in and out of crypto, and exchanges might be shut off from the banking system entirely. Let’s dig in.
For crypto firms, obtaining access to the onshore banking system has always been a challenge. Even today, crypto startups struggle mightily to get banks, and only a handful of boutiques serve them. This is why stablecoins like Tether found popularity early on: to facilitate fiat settlement where the rails of traditional banking were unavailable. However, in recent weeks, the intensity of efforts to ringfence the entire crypto space and isolate it from the traditional banking system have ratcheted up significantly. Specifically, the Biden administration is now executing what appears to be a coordinated plan that spans multiple agencies to discourage banks from dealing with crypto firms. It applies to both traditional banks who would serve crypto clients, and crypto-first firms aiming to get bank charters. It includes the administration itself, influential members of Congress, the Fed, the FDIC, the OCC, and the DoJ. Here’s a recap of notable events concerning banks and the policy establishment in recent weeks:
On Dec. 6, Senators Elizabeth Warren, John Kennedy, and Roger Marshall send a letter to crypto-friendly bank Silvergate, scolding them for providing services to FTX and Alameda research, and lambasting them for failing to report suspicious activities associated with those clients
On Dec. 7, Signature (among the most active banks serving crypto clients) announces its intent to halve deposits ascribed to crypto clients — in other words, they’ll give customers their money back, then shut down their accounts — drawing its crypto deposits down from $23b at peak to $10b, and to exit its stablecoin business
On Jan. 3, the Fed, the FDIC, and the OCC release a joint statement on the risks to banks engaging with crypto, not explicitly banning banks’ ability to hold crypto or deal with crypto clients, but strongly discouraging them from doing so on a “safety and soundness” basis
On Jan. 9, Metropolitan Commercial Bank (one of the few banks that serve crypto clients) announces a total shutdown of its cryptoasset-related vertical.
More at the link. I’ve long been skeptical of cryptocurrency advocates assertion that crypto provides a useful alternative to government-backed fiat currency. But it sure looks like the federal government is acting like that’s the case…
An important message about eternal truths from well-known biologist Fred Rogers:
CRT-pushing commie Angela Davis finds out that one of her ancestors was on the Mayflower.
A British farmer reviews Clarkson’s Farm. He says despite obvious setup bits, a lot of it (like the unexpected catastrophes and intractable town council bureaucracy) rings true.