Posts Tagged ‘Media Watch’

LinkSwarm for September 9, 2022

Friday, September 9th, 2022

Ukraine is carving out big gains in Kharkiv, Texas is in the money, Biden taps Clinton’s bagman to divy up the graft manage climate change funds, more groomers unmasked, and some big changes in the UK. Plus a bit about tanks. It’s the Friday LinkSwarm!


  • Ukraine’s counteroffensive in Kharkiv has been extremely successful.
    • Ukrainian successes on the Kharkiv City-Izyum line are creating fissures within the Russian information space and eroding confidence in Russian command to a degree not seen since a failed Russian river crossing in mid-May.
    • Ukrainian forces in the Kharkiv Oblast counteroffensives advanced to within 20 kilometers of Russia’s key logistical node in Kupyansk on September 8.
    • Ukrainian forces will likely capture Kupyansk in the next 72 hours, severely degrading but not completely severing Russian ground lines of communication (GLOCs) to Izyum.
    • Ukrainian forces are continuing to target Russian GLOCs, command-and-control points, and ammunition depots in Kherson Oblast.

    

  • “Texas Tax Haul Soars By Record 26% in 2022 Fiscal Year.”

    On Thursday, the state comptroller reported that the Lone Star State’s tax revenue rocketed by 25.6% to a total of $75.21 billion.

    It’s only the fifth time since 1988 that revenue grew by a double-digit percentage — and it’s double the next largest increase over that 34-year span.

    “Revenues continue to outpace even our most recent forecast as All Funds tax collections closed the fiscal year $841 million above the projection in our Certification Revenue Estimate,” said state Comptroller Glenn Hegar in an official release.

    That’s a stark contrast to California, which saw July revenue come in 12% below forecast.

    Texas has been a major beneficiary of migration from California: Over the last census cycle, 34% of new Texans arrived from California alone. Meanwhile, New York saw personal income tax collection fall 3.2% from April 1 through July.

  • “Biden Brings in Professional Bagman John Podesta to Divvy Up the $316 Billion in Climate Change Money to DNC Donors Ahead of Midterm Election.”

    Joe Biden has hired John Podesta to be the new Clean Energy Czar, citing his experience in progressive causes….

    Bottom line, John Podesta is being now being hired to divvy up the $316 billion in Green New Deal money recently authorized by congress. That is what Podesta specializes in, the distribution of taxpayer money to DNC allied groups and networks in advance of the 2022 midterms. Podesta, Hillary’s fixer, is a bagman, nothing more.

  • Worse, one of the many bag clients he’s adept at channeling money into Democratic pockets for is China.

    President Joe Biden on Friday tapped John Podesta to oversee $370 billion in climate spending, a move that has China hawks on Capitol Hill concerned over Podesta’s encouragement of Chinese investment in American infrastructure and praise for the top U.S. adversary on climate change.

    Podesta has called for Chinese investment in American infrastructure, arguing in 2013 that there are “great opportunities for Chinese firms to directly invest in this nation, to build American infrastructure, to create American jobs, and generate steady and handsome returns.” He added, “There’s also the ability for Chinese firms to invest here and learn best practices, and take those home to the tremendous and growing middle class market in China.”

    Instead, in the intervening decade, the Chinese government has committed widespread economic espionage—one 2017 estimate found that China steals up to $600 billion in trade secrets a year. Engineers in China, meanwhile, use popular social media platform TikTok to access nonpublic data from U.S. users.

    Podesta has also praised China’s efforts to combat climate change, arguing in 2015 that the Chinese “are beginning to do a fair amount.” China, which is the world’s top carbon emitter, went on to dramatically accelerate its coal consumption, which reached a record high in 2020.

    That record has China hawks on the Hill concerned that America’s top adversary has a new—and powerful—ally in the White House. Podesta’s role will see the liberal consultant implement $370 billion in spending toward alternative energy, a sector that China dominates when it comes to raw materials. As such, alternative energy companies receiving the Podesta-steered funding could turn to China to secure supplies. The new Biden aide will likely take no issue with that dynamic, given that he has argued the United States and China should “align” on a green economy. Sens. Marsha Blackburn (R., Tenn.) and Ted Cruz (R., Texas) argued that the move reflects the White House’s soft-on-China stance.

    (Hat tip: Mark Tapscott at Instapundit.)

  • Russia halts natural gas to EU, saying it won’t resume until sanctions are lifted.
  • Related: “European energy trading risks collapse over $1.5 trillion in margin calls.” Seems like there’s a lot of news about margin calls this week…
  • More European fun: Greece and Turkey are slouching toward war with each other.
  • “Teachers’ Union Boss Admits Teachers Have Become ‘Social Justice Warriors.'” Randi Weingarten is the gift that keeps giving. (Hat tip: Stephen Green at Instapundit.)
  • “California Gov. Newsom Reaped $10.6 Million In Campaign Cash From 979 State Vendors Who Pocketed $6.2 Billion.”
  • Democratic County Administrator Robert Telles charged in the death of journalist Jeff German, “an investigative reporter with the Las Vegas Review-Journal who had spent the last few months exposing misdeeds and turmoil in the official’s office.” For all Sundown Joe’s dark mutterings about “UltraMAGA,” it seems like Democrats are the ones doing all the killing…
  • “Special Master Order Reveals Biden’s Direct Involvement In Trump Raid.”
  • “More North Texas Teachers Charged with Sexual Assault of Students.”

    A now-former elementary school teacher previously charged with sexual abuse of a 7-year-old student was arrested again and charged with sexually assaulting a second victim.

    Victor Moreno, 28, was charged in July with continuous sexual abuse of a child, a first-degree felony, and an improper relationship between a student and educator, a second-degree felony.

    The accused pedophile’s victim was a second-grade girl in Irving Independent School District, where Moreno was a teacher at the time of the alleged assaults during the 2020-2021 school year.

    Snip.

    Meanwhile, a teacher’s aide in Mesquite Independent School District was arrested Tuesday after being accused of engaging in inappropriate relationships with students.

    Bryan Garcia, 22, was charged with two counts of sexual assault of a child and one count of indecency with a child.

  • “American Library Association Removes Webpage Promoting ‘Secret’ LGBT Messaging In Libraries.”
  • Chechen leader Ramzan Kadyrov says he might call it quits.
  • Chilean voters reject Social Justice constitution. Good.
  • “Germany: Green Politician Resigns After Inventing Nazi Death-Threats Against Himself.”
  • Queen Elizabeth II dead at age 96. As an American, I hold no truck with royalty, but she always struck me as a classy broad. (Hat tip: Stephen Green at Instapundit.)
  • “Stacey Abrams Announces That With A Heavy Heart She Will Succeed Elizabeth II As Queen.”
  • “Clinton nonprofit funneled $75,000 to ‘defund the police’ group.” This is my shocked face. (Hat tip: Ace of Spades HQ.)
  • “Higher Ed’s New Woke Loyalty Oaths: A ballooning number of hiring and tenure decisions require candidates to express written fealty to political doctrines.” And you can bet those doctrines have nothing to do with constitutionally limited government based on universal rights…
  • Russia seems a lot more interested in selling T-14 Armata tanks abroad than in sending them to Ukraine.

  • Indeed, they’re talking about restarting old production lines to start manufacturing older BMP-2s. “The costs and challenges of bringing more modern designs into production are now surely aggravated by Western sanctions cutting access to many basic electrical components, requiring pricey and time-consuming workarounds.”
  • This is like a scene from a porn movie, only a lot creepier. “Las Vegas landlord requires tenant to sign sex contract in order to lease home.”
  • “Libs of TikTok returns to Twitter, threatens lawsuit if removed permanently.
  • The Supreme Court is going to bitchslap Eric Adams halfway to Albany: “Mayor Adams vows door-to-door checks on gun permits.”
  • Fat Leonard is on the lam.
  • “Employees Shocked as Lesbian Vegan Doughnut Shop Goes Out of Business.” The landlord hadn’t been paid for months, and the owners bounced paychecks to employees.
  • Take this, low prices! (Hat tip: Dwight.)
  • “No turkey, however bloated and stupid, could ever be big enough to convey the mesmerising awfulness of Amazon’s billion dollar Tolkien epic.” (Hat tip: Ed Driscoll at Instapundit.)
  • Amazon is so confident that actual viewers will hate it that they put a three day waiting period on reviews. In any case, here the one-star reviews they allowed to slip through. Makes you wonder what other reviews they’re manipulating… (Hat tip: Stephen Green at Instapundit.
  • “Kim Kardashian Is Starting Her Own Private Equity Company.” Why not? But I’m betting being a genius at self-promotion doesn’t equate to being a genius at investing, especially since she’s starting in the middle of a fierce, widespread downturn…
  • Easiest way to win Dad of the Year? Pick your son up from school in a tank. Looks like a Scorpion light tank, most likely the FV107 Scimitar reconnaissance variant.
  • “FBI Drops Investigation After Discovering Trump’s Top Secret Nuclear Documents Were Just Print-Outs Of Hillary Clinton Emails.”
  • Ukraine: Don’t Assume Russia Will Win

    Monday, September 5th, 2022

    Defense analyst Anders Puck Nielsen says there’s a tendency for many to believe that, although Ukraine has put up a good fight, a Russian victory in the Russo-Ukrainian War is inevitable. (I assume he’s seeing these on the various MSM channels I stopped watching a long time ago, as the only place I see such assumptions these days is among comment trolls and the occasional ZeroHedge headline.)

    Some takeaways:

  • “When Russia launched the invasion of Ukraine back in February, many people assumed that it was going to be an easy win. It was not only Vladimir Putin who believed that they could finish this war within days or weeks. Many people thought so. And even after it became clear that there would not be a quick victory, many people still carried over this assumption that Russia is going to win eventually because that is the only possible outcome.” (I too thought a Russian victory was the most likely (though not certain) outcome in the first few days, before it become apparent just how badly bungled the invasion planning was, how fragile Russian supply lines were, how poor the communication was between different branches of the Russian military, and how neglected even basic maintenance was for Russian equipment.)
  • “They think of Russia as a giant. And then they think about Ukraine as a small country. But that is not really a good comparison.”
  • Unmentioned by Nielsen is that one reason they thought so is just how much old Soviet military equipment Russia still had lying around. That assumption was somewhat overstated, and, again, a whole lot of that equipment was poorly maintained.
  • Russia’s massive display of incompetence didn’t change the minds of many who still saw Russian victory as inevitable. “The assumption was that this just means it’s going to take longer, and then Russia is going to figure it out, and they are going to win.”
  • “We still have analysts who say that Ukraine could never push Russia back from the occupied territories, and that there has to be a negotiated solution where Ukraine gives something to Putin to end the war. And then these analyst also often seem to take it at face value when Putin or Lavrov or somebody else comes with threats about escalation.” (True, but I don’t think anyone pays serious attention to such people any more, if they ever did.)
  • Nielsen says there are a number of reasons why Russia can’t just carry out a mass mobilization, or start tossing nukes around.
  • Putin launched the war due an entire chain of bad assumptions, including those about the inevitability of Russian greatness.
  • “Ukraine is winning the war of attrition, and they will start pushing Russia backwards.”
  • “That’s why I think this idea that a Russian victory is inevitable is so dangerous. On the Western side, it leads to the belief that it is dangerous to provide Ukraine with heavy weapons. And this can mean that Ukraine won’t be able to finish the war as quickly as they otherwise could. And on the Russian side it means that they won’t be motivated for peace talks, even if the situation on the battlefield is awful.” (Not sure I agree here; The U.S., UK, Germany, and Poland have all transferred significant heavy weapons to Ukraine.)
  • “It will be extremely hard for the Russian leaders to embrace the idea that a defeat is possible. Like, not even that it is going to happen, but just that it could be a possibility. Because that would require them to question everything they believe to be true about Russia and being a great power. So they will be able to live in denial for a very long time.”
  • “If we want the war to end, we need Putin to understand that a defeat is a real possibility. And the best way to do that is to equip Ukraine with the weapons they need to win.”
  • LinkSwarm for August 19, 2022

    Friday, August 19th, 2022

    Greetings, and welcome to a Friday LinkSwarm…on Friday! What are the odds?

  • More dispatches from the Biden Recession: “Homebuyers are GONE.” Home sales are cratering nationally, companies that bought up lots of properties are slashing prices, and the number of homes being built is also cratering.
  • From the same guy: The 10 locations housing prices will crash the most. #5? Austin. “This is a market in absolute free-fall.” I know prices in my neighborhood have probably lopped off a good $100,000 or so, forcing me to rely on my vast book holdings to remain a millionaire…
  • Are we witnessing an end to the tranny pander panic?

    The other day, I saw on Twitter someone saying that they are a good liberal and all that, but they are really worried about what they’re seeing regarding the emerging culture of the medical and teaching professions encouraging children to transition to the opposite sex. “But,” said this person, “I don’t want to surrender to a moral panic.”

    I submit to you that a moral panic is precisely the correct response to this egregious phenomenon. That is, what is happening is so hideous, and so widespread, and the reaction by most people to this point has been so muted to non-existent, that if you are not panicking, you are not paying attention.

    Most people are not on Twitter, and if you’re one of these people, you may not be aware of the extent of the insanity. The media are not covering it, of course. It falls to badasses like Matt Walsh, Chaya Raichik (who runs the Libs Of Tik Tok account), Christina Buttons, and Chris Elston, the guy who runs the Billboard Chris website and Twitter account, to sound the alarm.

    The things they document are not nut-picking (the practice of finding extreme weirdos, and falsely using them as an example of the whole). They are completely mainstream. These are things that, if we had a functional media instead of a Narrative-massaging industry, would be widely reported, and discussed intensely.

    (Hat tip: Stephen Green at Instapundit.)

  • Libs of TikTok on how the radical social justice groomer left wants to sever the connection between parents and children.

    The Left’s agenda to groom your children has taken another turn. Various states across America have begun implementing laws and policies to allow children to make healthcare decisions without a parent or guardian’s consent — and the medical industry is promoting it. Many of these states are using these new laws to allow for drastic medical decisions to be made without parental consent including hormone therapy, gender reassignment surgery, and medicated mental health treatment.

    In Washington, children as young as 13 are now allowed to undergo gender reassignment surgery and other questionable medical treatments without parental consent.

    One Washington dad alleged in a viral TikTok video that a school gave his 15-year-old child antidepressants without informing him. Sounds completely insane and illegal, right? Well . . . it sounds that way, but it isn’t. Under Washington law, this is 100% legal and is allegedly being carried out by schools.

    New York has hopped on the bandwagon of removing parents from the treatment room as well. New York-Presbyterian recently sent out emails to their patients explaining that accounts for 12-17-year-olds must be updated to reflect the adolescent’s personal email address as the primary contact as New York State law allows children “to keep their sensitive medical information private and to consent to some of their own medical treatment.”

    Twelve-year-old children will now have the ability to be the primary decision-maker for many of their medical treatments and procedures. Children will also have the ability to completely revoke medical record access for their parents or guardians. 12-year-old children who can barely do their own laundry now have authority over their healthcare.

    Snip.

    One concerned parent in Kennebunk, Maine shared photos with us of a medical questionnaire for patients 12 years of age and older which read “To be filled out by patient only.” The questionnaire included questions about sexuality, asking children what gender they’re attracted to, and if the child has ever been in a romantic relationship or had sex. Separate questions ask the children if they’ve ever had questions about their gender identity and what their preferred pronouns are.

    The parent spoke to me regarding the questionnaire and stated her child was given the forms right after he turned 13. Naturally, her son was uncomfortable and confused by the questions and asked his mom for help. However, the mom claims the doctor made her leave the room and refused to allow her to be present while her son was answering the questionnaire.

    Why would a doctor need to secretly know the sexual preference and gender identity that a 13-year-old child claims without his mom present? Why would any child be required to share answers to all these invasive questions and bar any parental involvement?

    It’s not just Maine, Arizona, New York, and Washington — the removal of parents from important decisions in their children’s lives is becoming a nationwide policy trend aggressively pushed by the Left.

  • Given how much Libs of TikTok has uncovered of the groomer agenda, it’s no wonder that Facebook has banned her:

  • “Austin Fire Department Chaplain Fired over Blog Post Objecting to Males in Women’s Sports.” No surprise to followers of Austin politics, given the way their union has been taken over by the radical left.
  • Related: “Twitter Is Objectively Pro-Groomer.”
  • “Sanctuary cities not enjoying actually being used as sanctuaries.”

    To the great consternation of liberal Democratic mayors in the northeast, the governors of Texas and Arizona continue to send busloads of illegal migrants to New York and Washington to lessen the burdens on their states and draw more attention to the Biden border crisis. This has put the municipal governments of these self-defined sanctuary cities in a bit of a tough position politically. They are supposed to represent bastions of hope for the migrants and freedom from the “oppression” of ICE and the Border Patrol. But now that the migrants are arriving in larger numbers and doing so in a very public way, it’s becoming clear that this is a problem that the mayors were not prepared to handle. As Charles Lipson explains in Newsweek today, these so-called sanctuary city claims were clearly more of a case of virtue signaling than anything else, but when the cost of invoking such policies began to rise, the backlash came quickly.

    (Hat tip: Ed Driscoll at Instapundit.)

  • New Minnesota union contract requires laying off teachers based on race rather than ability or seniority. Can you say illegal? (Hat tip: Sarah Hoyt at Instapundit.)
  • Longtime CNN anchor, leftwing tool and known potato Brian Stelters had his show cancelled and was laid off. There’s not a violin small enough.

  • How the left abandoned Salman Rushdie.

    I still don’t understand Obama’s deep infatuation with Iran’s mullahs, or why he sent them pallets-full of currency, or why he desperately wanted to get nuclear technology to Iran. But I suspect his enthusiasm for providing nuclear technology to Iran was in equal proportion to his enmity toward Israel.

    So how was the American left supposed to keep championing Mr. Rushdie when Barack Obama, their Lightbringer, was such a fan of the mullahs who wanted Rushdie dead? Barack Obama had taken American tax dollars and sent it to the mullahs so that they could then turn around and use that money to pay the bounty to whomever successfully pulled off the fatwa against Rushdie. To stay true to Obama, America’s liberal elites had to now ally themselves with the men trying to murder Rushdie.

    Conservatives, of course, always supported Rushdie’s right to free speech and always decried the fatwa on him. But for those who matter most in elite society, the fatwa now reflected poorly on Rushdie, not those who imposed the fatwa.

    Rushdie was abandoned by the left, because they were now aligned with the mullahs who wanted him dead.

  • Over in London, unions are working on their Winter of Discontent cosplay by launching a Tube strike.
  • Families are getting the hell out of north Portland due to the huge increase in drug-addicted transients ts infecting their neighborhood. This is your city on social justice.
  • Turkey’s wild and crazy president Recep Tayyip Erdogan continues his innovative “lower interest rates during hyperinflation” gambit. Result? The Lira has crashed to an all time low.
  • Remember San Angelo police chief Tim Vasquez, who accepted bribes via gigs for his Earth, Wind & Fire cover band Funky Munky? Well he just got sentenced to 15 years in the slammer. I guess he’s no longer a shining star…
  • Also on the crime beat: Charges filed in Whitey Bulger whacking. “Fotios Geas, Paul J. DeCologero and Sean McKinnon have been charged with crimes related to the murder of Whitey Bulger.”
  • New York Times decides it can’t run an editorial by a black Republican senator unless it gets the permission of the white Democratic majority leader first.
  • More New York Times editorial judgment on display: “NYT Cuts Ties With Reporter Who Called For ‘Killing,’ ‘Burning’ Jews ‘Like What Hitler Did.’” The surprise is that they actually fired her. How do you think that conversation went? “Sure, lots of us have called for death to the Jews, but the ‘burning’ part just crosses the line…”
  • Boom:

  • “20-Year-Old Student Acquires 6% Of Bed Bath & Beyond, Makes $110 Million In 3 Weeks.”
  • Annnnnd….then he dumped it all.
  • “You’ll never catch me alive, coppers!”

  • LinkSwarm for July 23, 2022

    Saturday, July 23rd, 2022

    Paying people not to work makes them worse off, Democrats sleepwalk toward disaster, another would-be assassin of a Republican congressman walks away without bail, more Democratic judicial officials who refuse to obey the law, and a disturbing number of pedophiles in our school systems. Welcome to a special Saturday LinkSwarm!

  • News flash: Universal basic Income makes recipients lives worse.

    The “experts” didn’t expect it to turn out this way. An experiment conducted by Harvard University and University of Exeter social scientists found no-strings-attached handouts harmed low-income recipients rather than help them.

    Funded by an anonymous nonprofit, the study centered on an experiment in which 2,073 low-income people were randomly selected to receive a single, unconditional cash transfer of either $500 or $2,000. Another 3,170 low-income study subjects received no money from the study.

    The experiment was conducted from July 2020 to May 2021. On average, the subjects were earning roughly $950 a month while receiving another $530 in food stamps and other government benefits. A little over half were unemployed and 80% had children.

    Over a 15-week period, participants were periodically surveyed about their financial, physical and mental health. Across a wide range of financial and non-financial attributes, researchers found no positive effects on those who received free money — but plenty of negative ones.

    For a few weeks, people who received the extra money spent more than the control group — $182 a week for the people who received $500, and $574 a week for the ones given $2,000.

    The additional spending didn’t bolster their financial health. The handout recipients reported the same rate of overdraft fees, late-payment charges and cash advances as did those who didn’t receive the extra money. And it was all downhill from there. The handout recipients reported:

    • Less earned income
    • Less job satisfaction
    • Lower work performance
    • More financial stress
    • Less liquidity
    • Worse sleep
    • Worse physical health
    • More anxiety
    • More loneliness

    The Wall Street Journal’s Allysia Finley writes:

    “It’s no surprise that people who received a large percentage of their monthly income for doing nothing were less motivated to work and less satisfied with their work.

    Earning a paycheck can give workers a sense of personal agency that encourages them to make better financial and health decisions. Receiving a handout may do the opposite.”

  • The Democratic Party’s embrace of social justice lunacy has them sleepwalking toward disaster:

    The editors of The Economist beg the Democratic Party’s leaders to “wake up” to the fact that they’re about to get demolished in the upcoming midterms. Politico reports that, “The gubernatorial race in Pennsylvania has begun to look more competitive than either party expected.” The Economist blames the loud voices of the hard-left fringe, and warns that Democrats must “moderate, or die.” But this is just about the least likely moment for centrist Democrats to launch a new fight against the Alexandria Ocasio-Cortez types, and Democrats won’t have that fight until a midterm thrashing forces them to — and even then, Democrats may well choose to learn the wrong, but more comforting lessons, from a sweeping defeat.

    The editors of The Economist, sensing an impending midterm blowout and the ensuing empowerment of a Trump-friendly GOP, beg the Democratic Party’s leaders to distance themselves from their fringe elements:

    Fringe and sometimes dotty ideas have crept into Democratic rhetoric, peaking in the feverish summer of 2020 with a movement to “defund the police”, abolish immigration enforcement, shun capitalism, relabel women as birthing people and inject “anti-racism” into the classroom.

    Snip.

    First, out of all the possible times for the leaders of the party and its centrist members to embrace a fight with their hard-left grassroots, four months before Election Day is perhaps the worst time. Right now, Democrats desperately need progressives — the Bernie Bros, the Squad fans, and your crazy Aunt Edna with the Ruth Bader Ginsburg prayer candles — to turn out in November; they’re disappointed enough with Joe Biden already. The future of Senators Raphael Warnock of Georgia, Catherine Cortez Masto of Nevada, Maggie Hassan of New Hampshire, and Mark Kelly of Arizona depends upon frustrated and impatient progressives in those states.

    Second, rebuking the fringe Left is going to be difficult, and few people embrace difficult change until they hit bottom. Nobody likes admitting that they got something wrong, and nobody in politics wants to admit that their approach didn’t work — until after they’ve paid a high price at the ballot box.

    The disappointing results of 2020 were clearly not enough. Shortly after the election, Representative Abigail Spanberger of Virginia seethed about her party’s left wing: “Tuesday was a failure, it was not a success. . . . If we don’t mean defund the police, we shouldn’t say that. . . . And we need to not ever use the word ‘socialist’ or ‘socialism’ ever again. Because while people think it doesn’t matter, it does matter, and we lost good members because of that. If we are classifying Tuesday as a success from a congressional standpoint, we will get f***ing torn apart in 2022.”

    Do the Democrats seem more centrist and results-focused now than they did in 2020?

    Democrats can’t rebuke their social justice warrior radicals because the shock-troops of that “fringe” has taken control of vast swathes of the party machinery. The SJW faction is willing to endure electoral disaster as along as it lets them sieze full control of the party machinery and thus all the spigots party patronage.

  • How bad is it? Ruy Teixeira, whose “emerging Democratic majority” thesis is is so central to Democratic administrations refusing to enforce border controls, is leaving the Center for American Progress because it’s gotten too radical.

    Ruy Teixeira, a prominent scholar at the left-leaning think tank Center for American Progress (CAP), is leaving his job for a conservative organization because of liberals’ obsession with race, gender and other identity issues, according to Politico.

    The obsession with identity politics at CAP made it difficult for him to do work involving class and economics, he told the outlet, so he’s leaving for the conservative think tank American Enterprise Institute. Left-leaning think tanks have given in to demands of junior staffers and made it difficult for scholars to discuss crime, immigration and other issues beyond a narrow set of default assumptions, according to Teixeira.

    The culture within left-leaning organizations “sends me running screaming from the left,” Teixeira told Politico. “It’s just cloud cuckoo land … the fact that nobody is willing to call bullshit, it just freaks me out.”

  • Attack a Republican congressman? Enjoy your Get-Out-Of-Jail-Free card. “A 43-year-old man [David G. Jakubonis] accused of attacking Representative Lee Zeldin (R., N.Y.) with a sharp object at a campaign stop in upstate New York on Thursday evening was charged with a felony and released from custody just hours after his arrest, police said…Jakubonis was charged with attempted assault in the second degree and was released on his own recognizance.”
  • The groomer plague is not your imagination. “At least 181 K-12 teachers, principals, and staff have been arrested for child sex crimes in the United States so far this year.”
  • “Self-Proclaimed Socialist Judge in Harris County Facing Removal by Judicial Conduct Commission. Judge Franklin Bynum allegedly ordered the sheriff not to collect DNA samples required by law and repeatedly dismissed domestic and family violence cases for no probable cause.”
  • Cost of living index for cities worldwide. Weirdly, Austin is still pretty affordable in relation to purchasing power compared to most of the world. Also weirdly, New York City is the index city…
  • “Man found dead in Georgia house used by black nationalist communist group ‘Black Hammer.'”
  • Things the media doesn’t want you to know: “10-Year-Old Rape Victim’s Mom Is in Domestic Relationship With Child’s Alleged Illegal Alien Rapist.”
    

  • Soros-backed Los Angeles District Attorney George Gascon has hired the highest paid attorney in the country to fight against being forced to obey the law.

    Gascón’s prosecutors sued him so they could “charge repeat offenders to the fullest extent of the law.” The DA wants to appeal in front of the California Supreme Court:

    In June, the Second Appellate District Court upheld portions of a lower court’s injunction that said Gascón cannot refuse to charge three-strike cases, which can dramatically increase prison sentences for some of the most serious repeat offenders.

    Gascón is hoping to have the court’s order overturned, arguing that it is “draconian,” creates “a dangerous precedent” and amounts to “taking the charging decision out of a prosecutor’s hands.”

    “The district attorney overstates his authority,” the Second Appellate District ruling reads. “He is an elected official who must comply with the law, not a sovereign with absolute, unreviewable discretion.”

    Don’t the peasants know that laws are for the little people?

  • Good. “San Francisco’s New DA Goes On Firing Spree After Voters Recall Soros-Backed Predecessor…”The new district attorney in San Francisco fired at least 15 employees from the prosecutor’s office after her left-wing predecessor Chesa Boudin was recalled last month.
  • “Charlene Carter, a flight attendant who had worked at Southwest Airlines for 20 years but was fired in 2017 because she had publicly opposed the use of her union dues to fund pro-abortion protests, has now won a $5.1 million lawsuit against both Southwest and her union.” Good. Coerced speech violates the First Amendment. (Hat tip: Sarah Hoyt at Instapundit.)
  • Kill someone in self-defense? GoFundMe will close your account. Get Darwinated after shooting at police? GoFundMe is A-OK with your family raising money off your dimwitted corpse.
  • “Starbucks CEO Howard Schultz blames Dem-run cities for store closures.” As well he should. (Hat tip: Sarah Hoyt at Instapundit.)
  • Mario Draghi resigns as Italy’s prime minister after losing a no-confidence vote, which will trigger a new election.
  • How do we know Ray Epps is a fed? Because the New York Times is going to great lengths to defend him.
  • North Carolina town hires new woke city manager. Result: Town’s entire police force quits. Bonus: She was fired from her last job. (Hat tip: Stephen Green at Instapundit.)
  • Beto O’Rourke gets a $1 million donation from George Soros. Well, at least that’s $1 million that won’t go toward burning down small businesses and defunding the police. Also, remember how Democrats are always saying they want to get money out of politics? They never mean it.
  • “I’m a big fan of American airlines. They’re screwing us around a whole lot on this trip.” Plus: Monster Trucks!
  • The small part of Yellowstone national park where you can theoretically get away with murder.
  • An amazing 1949 Cadillac Fastback restomod.
  • Whoa!
  • Boing!

  • Two Doses of Neil Oliver

    Wednesday, July 13th, 2022

    First up: Scottish commentator Neil Oliver wonders about all the questions we’re not allowed to ask about Flu Manchu.

    Daily Mail online carried a headline on the 8th of June: Healthy young people are dying suddenly and unexpectedly from a mysterious syndrome – as doctors seek answers through a new national register.

    This is SADS – an acronym that stands for Sudden Adult Death Syndrome – and according to the Royal Australian College of GPs, it occurs most commonly in people under 40. This is properly scary; I don’t mind telling you. Healthy young people are going to their beds of an evening and not waking up ever again, or otherwise going about their everyday business and dropping dead, for no identifiable medical reason.

    The best anyone in the health professions can apparently do is describe it as mysterious, baffling even, that there are people under 40 dropping in their traces for no known cause. At the same time, around the world, there have been reports of many hundreds of sports men and women dying suddenly and unexpectedly in the past year – super fit individuals uniquely focused on their own health – keeling over dead, often on the field of play.

    Here at home we have had updated information campaigns about how important it is to be aware of the incidence of heart attacks and strokes. It has been deemed appropriate to remind us as well that heart attacks are not unknown in children. It’s almost as if we’re not to be unduly alarmed by the sight of passers-by dropping to their knees and clutching at their chests. Elsewhere there is a poster campaign about a rise in the number of cases of shingles. The small print on the posters mentions shingles may strike people with lowered immune systems. Fancy that.

    Deaths have been attributed by coroners to the Covid vaccines. The numbers are disputed, but people have died on account of the jabs. That much at least is undeniable. Around the world there are millions of cases of alleged adverse reactions to the jabs – lives severely compromised in some cases. I won’t get into the numbers, because those are always disputed too – but the facts remain. People are dying.

    The elephant in the room here is the Covid-19 vaccines – and again I make no apology at all about banging on about this topic week after week. The push to move on, to leave all talk of Covid and pandemic behind us, is palpable and, I would say, downright sinister. I am nowhere near ready to move on – not while there is still so much we do not know, so much we are not allowed to say, think and ask.

    We are told all about Covid 19 – and all manner of ways in which it might affect health long after a person has recovered from the initial infection. But as well as the pandemic, the other momentous arrival among us – indeed in just the past year and a half – is the biggest mass vaccination campaign in the history of the world – vaccination with products that had emergency approval, but in my opinion are experimental and for which no long-term data is available – on account of their being brand new and just out of the box.

    Billions of people around the world have submitted to the procedure. In a coercive and bullying atmosphere created by politicians and the media, that was mandatory in feel, if not in fact, unknown and unknowable numbers of people did so simply to keep their jobs, to get on a plane and go on holiday or to a gig – and yet in the midst of one report after another of otherwise unexplained sudden deaths in the past 18 months or so, the only emergent variable, the only new thing in the world that we are not allowed to discuss, absolutely not allowed to discuss far less point accusatory fingers at, is the mass vaccination programme.

    Again, I ask the question I posed at the top of this piece – are we stupid? Or are we just being treated as if we’re stupid? Which is it?

    Next: Oliver notes how mass protests and even open revolt against the green globalist/Build Back Better agenda are being downplayed or ignored by the media:

    Sri Lanka was a product of that government following, you know, the the madness of [World Economic Forum] inspired policies: Net Zero, the stripping of fertilizers, and all the rest of it…wholesale strife, collapsing crops and all the rest of it. You would think in a sane world the politicians in each of the countries would respond to the people, but I suspect they won’t. We saw something similar in Canada with the trucker’s freedom convoys, but look what happened there. Obviously Justin Trudeau was was told to get a grip of that situation. He clamped down on it violently, arrested bank accounts and took away the funding for that movement.

    Bit on Sri Lanka skipped.

    I think what you’re looking at in The Netherlands, for example, is the deliberate dismantling of the land owning class. 85% percent of the of the land in The Netherlands is held by farmers, and has been for generations, and that’s an inconvenient situation for globalist leftist politicians who’ve got other ideas for the land, which is specifically to build houses to cope with the with the levels of immigration that are going on. They’ve empowered themselves the politicians to help themselves to 30 percent of the Dutch farmer’s land, and surprise, surprise! Just as I suspect you would or I would, if the government came into our homes and said they were taking 30% everything we had we owned and had worked for, the farmers have said no…It’s a blatant land grab.

    It gets harder and harder to ignore the intent by by leftist globalist governments to return us to some form of feudalism. All these people like us owning property, owning homes, living lives independent of the state. You know what the intention is there, to take people’s independence away. Take away their property, take away the land, and if you control the farmland, you control the food. And if you control the food, you control the people. So you can plainly see what the agenda is.

    One need not agree with every one of Oliver’s conclusions to agree that the pattern he deduces, of elites acting against the best interests of the countries they govern and the people they ostensibly serve, seems very real.

    (Hat tip: Director Blue.)

    Democrats Behaving Badly

    Sunday, July 10th, 2022

    This is a catch-all post of various instances of Democrats acting badly I meant to include in the last few LinkSwarms and just didn’t manage to squeeze in.

  • You know that oil Joe Biden foolishly released from the strategic oil reserve to ease pain at the pump? Instead of helping Americans, some of that crude went to the Chinese company Hunter Biden invested in.

    On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.

    Some of that oil went to India, some to the Netherlands, and some was sent to China where the president’s son has engaged in years of potentially criminal business activity embroiling the Biden White House in scandal since the 2020 campaign.

    On Thursday, the Washington Free Beacon published new details about the Chinese oil shipments from the U.S. emergency reserves that Biden promised were tapped to “ease the pain that families are feeling” in the United States from high energy prices.

    “The Biden administration sold roughly one million barrels from the Strategic Petroleum Reserve to a Chinese state-controlled gas giant that continues to purchase Russian oil, a move the Energy Department said would ‘support American consumers’ and combat ‘Putin’s price hike,’” the Beacon’s Collin Anderson reported. “Biden’s Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Unipec, the trading arm of the China Petrochemical Corporation. That company, which is commonly known as Sinopec, is wholly owned by the Chinese government.”

    Sinopec is also tied to Hunter Biden, whose private equity firm, BHR Partners, bought a $1.7 billion stake in the company seven years ago.

    Hunter Biden’s lawyer told the New York Times in November that the president’s son, “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles.”

    According to the Washington Examiner, however, Hunter Biden remained listed as a part-owner of the firm as late as March.

    “Business records from China’s National Credit Information Publicity System accessed Tuesday continue to identify Skaneateles as a 10% owner in BHR, and Washington, D.C., business records continue to list Biden as the only beneficial owner of Skaneateles,” the paper reported. “The White House has routinely deflected questions about Biden’s business dealings to his attorneys, who have remained largely mum.”

    “It’s possible that China’s business registry hasn’t yet been updated to reflect a potential transfer or sale of Skaneateles’s 10% stake in BHR to another party,” the Examiner added.

    Meanwhile, Biden’s Energy Department has refused compliance with requests under the Freedom of Information Act probing the administration’s improper use of the nation’s strategic oil reserves maintained for emergencies. Last week, the Functional Government Initiative, a nonprofit government watchdog, filed a lawsuit to compel records concerning administration officials’ decision to tap the oil reserves in the absence of a sudden disruption in supply such as a hurricane or cyberattack.

  • I would say it’s quite revealing how quickly Democrats resorted to racist slurs against Justice Clarence Thomas following the overturning of Roe vs. Wade, but not really. They’ve long shown they are racist against any minority that refuses to toe the leftist line.

    Twitter has been a cesspool of liberals calling Justice Thomas endless racist slurs … and of course, Twitter does nothing. Samuel Jackson called him ‘Uncle Clarence,’ and several people reported him and said they were told by Twitter it was not against the rules to call him that slur.

  • More on the same topic:

    Why has Clarence Thomas become the target of so much flak following the Supreme Court’s overturning of Roe v Wade? It’s because he’s black. It’s because, as someone with black skin, he is not meant to hold conservative views on issues like abortion. In the eyes of the furious woke agitators who are haranguing Thomas even more than they are the other Roe-sceptical justices, he has not only made a bad legal decision – he has also betrayed his race. His sin is twofold: he has undermined the right to abortion and he has failed in his racial duty to nod unquestioningly along to every ‘progressive’ idea. He’s a racial transgressor, a bad black man, and therefore he must be reprimanded even more severely than the white folk on the Supreme Court. Ladies and gentlemen, behold the scourge of woke racism.

    We have just witnessed one of the clearest examples yet of identity politics crossing the line into flagrant, undeniable racism. No sooner had it been announced that the Supreme Court was ditching Roe v Wade than so-called progressives were gunning for Thomas. They’ve never liked Thomas, who has been serving on the Supreme Court since 1991. Sure, he might be just the second African American to sit on the court, but for the identitarian elites he’s the wrong kind of African American, so his historic achievement doesn’t count. He’s Catholic – ‘decidedly and unapologetically Catholic’, as he says – and he’s not down with abortion or same-sex marriage. ‘Wait, I thought all blacks were BLM-supporting, pro-trans, sassy progressives like the ones I know from Twitter?’, you can almost hear the upper-middle-class left say. Thomas doesn’t compute for them. To paraphrase Biden, ‘He ain’t black!’.

    And so it was inevitable he would get it in the neck following the fall of Roe. Vile racial hatred has been hurled his way since the ruling. Angry woke Twitter has even used the N-word. Thomas is ‘just another dumb field nigger’, said one tweeter. Another called him a ‘nigger slave’ to his white ‘nutcase’ wife. He’s a ‘coon-ass motherfucker’, apparently. And of course he’s an Uncle Tom. Or ‘Uncle Clarence’, as Samuel L Jackson called him. As a result, ‘Uncle Clarence’ trended online for hours. Welcome to the twisted moral universe of Silicon Valley, where you can be banned for life for saying ‘he’ about someone with a penis but you can happily surf a wave of retweets for using racial slurs about high-ranking black men.

  • Speaking of the Supreme Court, Democrats continues to harass Justice Brett Kavanaugh.

    For some reason that I really can’t fathom, the progressive left is escalating its hounding of conservative Supreme Court Justices. If they’re trying to turn off normal Americans, they’re doing a great job. If they’re trying to intimidate or coerce SCOTUS, they are failing miserably. But radicals gotta radical.

    Justice Brett Kavanaugh already was the target of an attempted assassination. But the hounding and targeting of him continue.

    Politico reports that Justice Kavanaugh was escorted by his security team out the back door of a DC restaurant because leftists were “protesting” outside.

    On Wednesday night, D.C. protesters targeting the conservative Supreme Court justices who signed onto the Dobbs decision overturning the constitutional right to abortion got a tip that Justice BRETT KAVANAUGH was dining at Morton’s downtown D.C. location. Protesters soon showed up out front, called the manager to tell him to kick Kavanaugh out and later tweeted that the justice was forced to exit through the rear of the restaurant.

  • Indeed, Democratic harassment of Supreme Court justices has gotten so bad that Supreme Court Marshal asked officials to do something about it.

    In a rare move, Supreme Court Marshal Gail Curley has sent letters to Maryland Gov. Larry Hogan, Montgomery County Executive Marc Elrich, and Virginia Gov. Glenn Youngkin demanding that authorities put an end to picketing and “threatening activity” outside the homes of SCOTUS justices.

    The letter seeks to use state laws to achieve what the Justice Department has clearly rejected under federal law. If the letter prompts arrests, we could see a major free speech challenge in the courts. The timing of the letter, however, is particularly interesting and may reflect a recognition of the limits of the federal law.

    Snip.

    Under a federal law, 18 U.S.C. 1507, any individual who “pickets or parades” with the “intent of interfering with, obstructing, or impeding the administration of justice, or with the intent of influencing any judge, juror, witness, or court officer” near a U.S. court or “near a building or residence occupied or used by such judge, juror, witness, or court officer” will be fined or “imprisoned not more than one year, or both.”

  • The Hunter Biden shenanigans, though illegal, immoral and infuriating, is just more of the foreign graft rakeoff that Joe Biden and other high ranking Democrats have been pulling off for years. But the radical unhinged attacks on the Supreme Court after Dobbs v. Jackson Women’s Health Organization overturned the Democratic Party’s most Holy of Holies shows that the new pitch of derangement Democrats showed after Donald Trump’s unexpected election was not a temporary aberration.

    These days, the Democratic Party seems less a political party than a criminal graft conspiracy married to a crazed social justice cult enraged by any setbacks to its grandiose plans or any questioning of their delusional status as anointed saviors of designated victims.

    As reality crashes through their swaddling cocooned delusions and limitless self-regard, expect the derangement to get worse.

    LinkSwarm for June 24, 2022

    Friday, June 24th, 2022

    Two landmark Supreme Court cases drop, another woke social justice child-rapist exposed, Keith Olbermann channels John C. Calhoun, and the secret plans to nuke Yorkshire. It’s the Friday LinkSwarm!

  • Just like the old gypsy woman said leakers indicated, the Supreme Court has overturned Roe vs. Wade.

    The Supreme Court on Friday overturned Roe v. Wade, the 1973 ruling that legalized abortion, allowing a Mississippi law that bans abortions after 15 weeks to take effect.

    “The Constitution does not confer a right to abortion; Roe and Casey are overruled; and the authority to regulate abortion is returned to the people and their elected representatives,” Justice Samuel Alito wrote for the 6-3 majority.

    Justice Alito was joined by Justices Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh, Clarence Thomas, and Chief Justice John Roberts in the majority. Justice Roberts wrote in a concurring opinion with the majority that he would have taken a “more measured course” stopping short of overturning Roe altogether, but agreed that the Mississippi abortion ban should stand.

    The Court’s liberal Justices Stephen Breyer, Elena Kagan, and Sonia Sotomayor dissented….

    The ruling in Dobbs v. Jackson Women’s Health Organization means each state will now be able to determine its own regulations on abortion, including whether and when to prohibit abortion.

  • The Supreme Court also handed down a landmark pro-Second Amendment case.

    In New York State Rifle and Pistol Association v. Bruen, the Court affirmed that gun rights are due the same protection as all other constitutional rights.

    To which I can only reply “Duh. What took them so long?”

    Today’s Supreme Court decision in New York State Rifle and Pistol Association v. Bruen is not only the most important Second Amendment ruling since D.C. v. Heller, it is potentially the most important Second Amendment ruling in American history.

    Not sure about that, as Heller firmly established the gun ownership was an individual right unconnected to militia service. That laid the conceptual groundwork for today’s ruling.

    For all the brouhaha, the question at hand in Bruen was rather straightforward: Can the state of New York require that applicants for gun-carry permits “demonstrate a special need for self-protection distinguishable from that of the general community,” or is New York obliged by the Constitution to offer a “shall issue” regime of the sort that 43 of the other 49 states have adopted? By a 6–3 vote, the justices decided that the latter approach is required. In the United States, Clarence Thomas’s majority opinion concluded, “authorities must issue concealed-carry licenses whenever applicants satisfy certain threshold requirements, without granting licensing officials discretion to deny licenses based on a perceived lack of need or suitability.” Moreover, while there is nothing illegal about America’s existing state-level permitting systems, those systems may not be mere smokescreens for outright prohibition, unequal protection, or unacceptable delay. “We do not rule out,” Thomas added in a footnote, any “constitutional challenges to shall-issue regimes where, for example, lengthy wait times in processing license applications or exorbitant fees deny ordinary citizens their right to public carry.”

    As Justice Alito was keen to note, this “holding decides nothing about who may lawfully possess a firearm or the requirements that must be met to buy a gun. Nor does it decide anything about the kinds of weapons that people may possess.” It concludes solely that:

    The exercise of other constitutional rights does not require individuals to demonstrate to government officers some special need. The Second Amendment right to carry arms in public for self-defense is no different. New York’s proper-cause requirement violates the Fourteenth Amendment by preventing law-abiding citizens with ordinary self-defense needs from exercising their right to keep and bear arms in public.

    Bottom line: New York is allowed to exclude carry-permit applications on a categorical basis (e.g., the applicant has a felony conviction), but not on a subjective one (e.g., the applicant doesn’t “need” a gun in the view of the determining officer).

    To get there, the majority first determined that “nothing in the Second Amendment’s text draws a home/public distinction with respect to the right to keep and bear arms.” Indeed, “to confine the right to ‘bear’ arms to the home,” the majority observed, “would nullify half of the Second Amendment’s operative protections.” This, Thomas explained, would not do, because “the constitutional right to bear arms in public for self-defense is not ‘a second-class right, subject to an entirely different body of rules than the other Bill of Rights guarantees.’”

  • In light of the ruling, Borepatch offers up a rare word of praise for Mitch McConnell for black holing the Merick Garland nomination in 2015.
  • Liberals are taking the gun and abortion rulings well. Ha, just kidding! Keith Olbermann came out for nullification. Because nothing says “progressive liberalism” like adopting the policies of South Carolina from 1832.
    

  • Woke “socialist high school teacher” is “fighting for a better society” by filming himself having sex with a 13-year old student during lunch breaks.
  • Long, interesting twitter thread on how crime has soared under various George Soros-backed DAs.
  • Ukraine has banned the main opposition party. Not a great look. Though you know FDR would have tried that with Republicans if he thought they posed more of a threat to his agenda and the Supreme Court would let him get away with it…
  • Biden Administration to oil companies: “Hey, we need you to refine more oil! Also, we want to put you all out of business in five to ten years.”
  • “Court Rules Virtue-Signaling Minneapolis Mayor Failed to Protect Citizens With Enough Cops…The Minnesota Supreme Court has ordered kneeling Minneapolis Mayor Jacob Frey and his band of defundanistas to hire more cops as required under the city’s charter or show why they can’t.”
  • Remember Andrew “failed Florida Democratic Gubernatorial candidate/gay meth orgy participant” Gillum? Well, he was just indicted on 21 counts of “conspiracy, wire fraud and making false statements” for raking off campaign contributions into his own pocket.
  • This week’s example of a reporter making up sources comes to you from Gabriela Miranda of USA Today.
  • Reason to worry: China has a new aircraft carrier the size of our own Nimitz-class carriers. But not too much: It probably won’t be ready for active service until 2025, and it’s oil-boiler powered rather than nuclear.
  • Israel is headed for yet another election. “After almost one year of taking power, Israel’s ruling coalition has agreed to dissolve the parliament and hold new elections. ‘Israeli Prime Minister Naftali Bennett’s office announced Monday that his weakened coalition will be disbanded and the country will head to new elections.'” (“How many elections is that now, five?” “Shut up! Don’t tell Mere!”)
  • International Swimming Federation bans men from competing. It’s astonishing that headline even needs to be written…
  • Twitter board recommends that they accept Elon Musk’s offer. Maybe he can get them to unlock my account.
  • The Denver Airport is expanding, and they’ve actually leaning into the conspiracy theories.
  • Powers that be in Tennessee are threatening YouTuber Whistlin Diesel with a year in prison for…splashing with a jet ski. Sounds like a clear abuse of power to me…
  • A review of one of the last production Trebants, the crappy, under-powered, plastic communist car East Germans had to wait years to buy. Let this be another reminder that commies aren’t cool and the consumer goods produced by commie companies that don’t have to deal with market competition are crap.
  • I’ve posted a lot of Peter Zeihan video this year, so you might be interested to know that his book The End of the World is Just the Beginning: Mapping the Collapse of Globalization is now out.
  • “In my day, we had to work twenty-five hours a day, eight days a week, and they set off a nuclear explosion underneath us! You tell that to kids these days and they don’t believe you!”
  • “After ‘Lightyear’ Bombs, Disney Quietly Cancels Their Upcoming Movie ‘Brokeback Woody.”
  • LinkSwarm for June 17, 2022

    Friday, June 17th, 2022

    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…

  • More Biden Magic: “The Dow has now had 11 down weeks out of the last 12. This has never happened before… (in Nov 1929, The Dow fell for 10 of 11 weeks)…”
  • 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 bad news is everywhere.

  • More Welcome Back Carter 70s throwbacks: labor unions want to wage war strikes against the U.S. food chain.
  • A closer look suggests that Democrats are actually doing worse than their horrible polls suggest.

    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.

  • Another Russian ship sunk.
  • “Paxton Wins Lawsuit Against Lax Biden Immigration Policy.”

    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.

  • The Sheriff’s Office of Isabella County, Michigan has to stop responding to some 911 calls due to rising gasoline prices.
  • Sixty years ago came the birth of the New Left via Tom Hayden, Students for a Democratic Society and the Port Huron Statement. (Hat tip: Stephen Green at Instapundit.
  • Most of what you know about Watergate is probably wrong. (Hat tip: Dwight.)
  • Leaked internal emails showing Twitter employees debate banning Libs Of Tik-Tok for crimes against social justice.
  • “Round Rock ISD Trustee Sues Superintendent Over Alleged Illegal Investigation. The saga continues in Round Rock ISD as trustee Mary Bone files against scandal-plagued Superintendent Hafedh Azaiez.”
  • Caterpillar is moving their headquarters to Texas.

    (Hat tip: Stephen Green at Instapundit.)

  • Elon Musk: “Democrats ‘Would Rather Tesla Was Dead Than Be Alive And Non-Unionized.'” Of course they would. If they can’t rake graft off you, or harvest votes from your ghetto, you’re worse than useless to them.
  • 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.
  • McDonald’s gives up on healthy food.
  • Florida Man Crime Blotter: Accused Medicaire fraudster Ernesto Graveran captured trying to escape to Cuba on a jet ski. (Hat tip: Dwight.)
  • How bad is the Biden economy? There’s now a Sriracha shortage.
  • 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.)
  • “School District Announces Summer Enrichment Program For Kids Who Need Extra Grooming.”
  • Swim like no one’s watching.

  • LinkSwarm for June 10, 2022

    Friday, June 10th, 2022

    Democrat tries to murder Brett Kavanaugh and Pelosi shrugs, human traffickers busted in Texas, another Democrat convicted of voting fraud (in Philadelphia, naturally), WaPo finally draws a line it won’t let SJWs cross, and an 8K computer that can be yours if you have somewhere north of a quarter million dollars. It’s the Friday LinkSwarm!

  • Another month, another four decade high inflation rate. “The Consumer Price Index (CPI) went up by 8.6 percent in May, the highest year-over-year increase since December 1981.”
  • Democrat arrested for attempting to assassinate Supreme Court Justice Brett Kavanaugh

    Nicholas John Roske was charged with attempting or threatening to murder or kidnap a Supreme Court justice Wednesday after traveling to Justice Brett Kavanaugh’s home armed with a Glock handgun, intent on killing the justice over his expected rulings in ongoing cases related to abortion and the Second Amendment.

    Roske, 26, of Simi Valley, Calif., was identified as the suspect in an affidavit unsealed Wednesday afternoon. Roske told law enforcement that he called 911 to turn himself in because he was having suicidal thoughts, also telling the operator that he intended to kill a “specific” Supreme Court justice, according to the affidavit.

    Roske was subsequently arrested, and officers found a Glock 17 pistol with two magazines, as well as a tactical knife, pepper spray, and other items.

  • Naturally, Democrats stalled a bill to provide additional security for Supreme Court Justices.
  • In another sign of the Democratic Party’s reasonable and measured approach to the abortion debate, pro-abortion terrorists firebombed a pro-life Christian pregnancy center in Buffalo.
  • Speaking of saving children, “70 Children Rescued in West Texas from Human Trafficking by State and Federal Authorities,” the youngest ten years old.
  • A former Democratic congressmen convicted and expelled for taking bribes has now been convicted of committing that voting fraud that Democrats swear up and down doesn’t exist.

    A former Democrat congressman, who was expelled from the House of Representatives in 1980 after getting caught taking bribes in what turned out to be an FBI sting, pleaded guilty to multiple election fraud charges this week after the U.S. Department of Justice charged him with bribery, falsifying voting records, stuffing ballot boxes, and more election crimes in Pennsylvania.

    According to U.S. Attorney Jennifer Arbittier Williams, 79-year-old Michael “Ozzie” Myers admitted to bribing Philadelphia election judge Domenick J. Demuro, who already pleaded guilty in 2020, during the 2014, 2015, 2016, 2017, and 2018 state elections for $300 to $5,000 per election and then telling him to lie about falsely inflating votes.

    Demuro, who “was responsible for overseeing the entire election process and all voter activities of his Division in accord with federal and state election laws,” then manipulated the voting machines in his respective ward and division in a way that satisfied Myers’ desire to “illegally add votes for certain candidates of their mutual political party in primary elections,” especially those clients who paid him “consulting fees.”

    “Some of these candidates were individuals running for judicial office whose campaigns had hired Myers, and others were candidates for various federal, state, and local elective offices that Myers favored for a variety of reasons,” the DOJ noted in a press release.

    Myers pulled the same stunt with another South Philadelphia election judge Marie Beren, who also pleaded guilty in 2021 to her role in the fraud.

    “Myers acknowledged in court that on almost every Election Day, Myers transported Beren to the polling station to open the polls. During the drive to the polling station, Myers would advise Beren which candidates he was supporting so that Beren knew which candidates should be receiving fraudulent votes. Inside the polling place and while the polls were open, Beren would advise actual in-person voters to support Myers’ candidates and also cast fraudulent votes in support of Myers’ preferred candidates on behalf of voters she knew would not or did not physically appear at the polls,” the DOJ stated.

    The pair also used cell phone communication to notate in real-time how many votes they faked versus how many were real.

    “If actual voter turnout was high, Beren would add fewer fraudulent votes in support of Myers’ preferred candidates. From time to time, Myers would instruct Beren to shift her efforts from one of his preferred candidates to another. Specifically, Myers would instruct Beren ‘to throw support’ behind another candidate during Election Day if he concluded that his first choice was comfortably ahead,” the press release continued.

    Much like Demuro, Beren then falsified poll books “by recording the names, party affiliation, and order of appearances for voters who had not physically appeared at the polling station to cast his or her ballot in the election” and balanced the list with the ballots recorded by voting machines before certifying the tainted results.

  • In a story that launched a thousand “Bye, Felicia” jokes, Washington Post Social Justice Warrior “reporter” Felicia Sonmez was fired for insubordination and constantly attacking her co-workers for victimhood points.

    The workplace drama began on June 2 when Sonmez publicly took colleague Dave Weigel to task after he retweeted a joke from YouTuber Cam Harless that said “every girl is bi. You just have to figure out if it’s polar or sexual.”

    Sonmez posted a screenshot of the retweet, captioning it “fantastic to work at a news outlet where retweets like this are allowed!”

    Weigel deleted the retweet, and explained that he “did not mean to cause any harm.” Nevertheless, the Post handed down a one-month unpaid suspension to punish Weigel for his retweet.

    Post reporter Jose A. Del Real then waded into the controversy to criticize Somnez for continuing to tweet about Weigel and the paper even after it took action against Weigel. He accused her of public bullying and “clout chasing,” leading Sonmez to accuse Del Real of violating the paper’s social-media policy.

    With the drama hitting a boiling point, Post executive editor Sally Buzbee sent an internal memo to staff saying, “we do not tolerate colleagues attacking colleagues either face to face or online.”

    The memo seemed to spark a flood of pro-Post tweets from its reporters, who used similar language to laud the paper’s “collegial” work environment.

    Sonmez evidently took offense to her colleague’s tweets saying they were proud to work at the paper.

    “The reporters who issued synchronized tweets this week downplaying the Post’s workplace issues have a few things in common with each other,” Sonmez wrote on Twitter on Thursday morning. “They are all white . . . They are among the highest-paid employees in the newsroom, making double and even triple what some other National desk reporters are making, particularly journalists of color . . . They are among the ‘stars’ who ‘get away with murder’ on social media.”

    Will this be a cause for soul-searching among MSM outlets over the wisdom of staffing their newsrooms with social justice warriors? Of course not. Sonmez dared to make the mistake of going after higher ranking members of the Clerisy.

  • Speaking of crazy, sloppy social justice warrior attack dogs employed by the Washington Post, Taylor Lorentz was very, very upset that other people were right about Amber Heard against her wishes.

    Taylor Lorenz and the Washington Post are attempting a third adpocalypse. They’re attempting to take out rivals to the leftwing legacy media — specifically, YouTubers who sided more with Johnny Depp during the Amber Heard defamation trial. The leftwing media, of course, had uncritically championed Amber Heard, as they’d championed all #MeToo allegations, #BelievingAllWomen without asking for any evidence.

    In fact, the defamatory opinion piece Depp sued Heard for appeared in the Washington Post. They just added a stingy “Note” to their defamation.

    So Lorenz is now attempting to paint it as dangerous for people to openly question #MeToo allegations on YouTube, and to suggest there’s something wrong with non-legacy-media outlets making money off of a major media story. There’s nothing wrong with the Washington Post making money off it, of course — because they take the proper leftwing view of things.

    But people like Rekieta or YellowFlash or That Umbrella Guy, the people who thought that Amber Heard was lying? Which, of course, a jury found to be the case?

    They’re dangerous and they shouldn’t be allowed to make money off it. And damnit, YouTube has got to control who is allowed to make money from these news events!

    By the way: The entire Depp/Heard story was already heavily censored by YouTube. Videos would be demonetized — denied advertising — if they discussed it all. Because of this, YouTubers were forced to resort to the childish tactic of referring to Depp as “The Pirate Guy” and Heard as “the Aqua Lady” to avoid censorship and demonetization. They had to avoid saying the names of the people they were talking about.

    No, I’m serious.

    But that’s not enough for Taylor Lorenz and The Washington Post.

    Either they have to declare “The Aqua Lady is telling the truth and The Pirate Guy is an abuser,” or they must be deplatformed!

    And Lorenz, in making the case that only she, a nobody, barely-educated semiliterate wannabe influencer who pretends to be a tweenager online and gets away with it because she is effectively developmentally delayed, should be allowed to weigh in on the Depp-Heard trial, and that actual trial lawyers like Rikieta and LegalBytes should not be so allowed, is on a scorched earth campaign to make them toxic to advertisers.

    And of course she’s also up to her old tricks of claiming she reached out to her subjects — I mean, targets and victims — for comment.

    Spoiler alert: She did not reach out to her targets and victims for comment.

  • “How The Virginia Project Helped Engineer the 2021 GOP Wins in Virginia.”

    Gordon decided to take a strategic approach to make the Virginia GOP a party that could attract serious, intelligent, capable candidates, run them, and win. He founded The Virginia Project (TVP) with the mission to create a 21st-century party infrastructure capable of competing effectively and rolling back Democrat Party influence.

    Once Gordon realized that Republicans failed to field candidates in 25% of races with a Democrat incumbent in 2019, he made running a candidate in every race a mission point. Other objectives of TVP included taking a complete accounting of GOP performance in every election district and providing a baseline level of support for every GOP candidate in the state. The group also wanted to share tools and best practices to optimize branding, marketing, messaging, voter outreach, and mobilization throughout the state. The goal was to disrupt the Democrats’ narratives and force them to play defense.

    After the 2020 election, Gordon realized that to put Democrats on their heels, TVP would have to go on offense. There was no way to verify the vote in Virginia after nearly 60% of Virginians voted early or by mail. The window for challenging congressional elections closed in 25 days. There was no point in fielding candidates across the state without shoring up election integrity. So with the help of Ned Jones, Gordon and TVP set about securing Virginia’s elections.

    The group forced the implementation of voter roll management laws already on the books. TVP ensured the process was logged, transparent, and consistent in every Virginia county and removed a half million bad entries from the voter rolls statewide. Then TVP made sure a system was in place for 2021 that had what Gordon refers to as “Eyes on Every Ballot.”

    Challenging elections after the fact proved fruitless at the state and national levels in 2020. The key would be to challenge violations on the spot rather than post facto. TVP prepared and delivered training for election observers. The Virginia GOP went from 33% to 95% observer coverage. Gordon said, “The worse Biden gets, the more people volunteer. A good look in some of the disputed states in 2020 also motivated people to get involved.”
    The success in recruitment and training allowed the GOP to challenge every suspected violation on election night 2021. As a Twitter thread from TVP noted, “[DNC lawyer Marc] Elias’ now-legendary losing streak started with us stopping him. We fought for and won every legal stipulation needed to enforce our rights.”

    (Hat tip: Stephen Green at Instapundit.)

  • “Seven NEW Hunter Biden Scandals the Nets Refuse to Report On.” A lot of these I had heard of, but this one is new:

    President Biden unveiled new sanctions Thursday targeting influential Russians and President Vladimir Putin’s yachts on the 99th day of Moscow’s invasion of Ukraine — but two oligarchs linked to his son Hunter Biden again were spared.

    The slow rollout of sanctions comes despite the president threatening “swift and severe” penalties ahead of the invasion, which began Feb. 24.

    New US-targeted individuals include the steel and gold-mining oligarch Alexey Mordashov, Putin-linked money manager Sergei Roldugin, billionaire property developer God Nisanov, electronics executive Evgeny Novitsky, banker Sergey Gorkov and Russian Foreign Ministry spokeswoman Maria Zakharova. The Treasury Department also sanctioned two yachts that Putin allegedly co-owns and the Monaco-based yacht brokerage Imperial Yachts and its Russian CEO, Evgeniy Kochman.

    It remains unclear why Hunter Biden’s alleged Russian business associates — the billionaire oligarchs Yelena Baturina and Vladimir Yevtushenko — eluded the latest round of US sanctions against members of Russia’s business elite.

    It’s a great mystery.

    Baturina, whose wealth derives largely from construction, in 2014 paid a firm associated with Hunter Biden $3.5 million, according to a 2020 report written by Republican-led Senate committees. She is the widow of former Moscow mayor Yury Luzhkov, and documents from Hunter Biden’s laptop indicate she may have attended a 2015 dinner in DC with then-Vice President Joe Biden.

    Yevtushenkov, who owns a nearly 50% stake in Russian conglomerate Sistema — which has telecom, retail, banking, food and health interests — faces UK sanctions over Russia’s invasion of Ukraine, but hasn’t yet been targeted by the Biden administration. He met with Hunter Biden in 2012 at Moscow’s Ritz-Carlton hotel, but recently claimed they had no subsequent contact.

  • “Meet the Guardsman Helping Ukrainians Blow Up Russian Tanks over the Phone.”

    Before the war, [Sgt. 1st Class Chris] Freymann, a cavalry scout in the Washington state National Guard, had been the lead instructor in the U.S. military’s program that trained soldiers in Ukraine how to use the shoulder-fired tank-killing missiles. He trained about 200 Ukrainian troops during his months with the program.

    Russia launched its invasion in February, after U.S. trainers left. But the relationships Freymann made remained. His former students — now troops fighting on the front lines — again reached out for help on operating the Javelins as they encountered technical issues or forgot details.

    “When the war started, I had a lot of guys hitting me up on WhatsApp,” Freymann told Military.com. “One of our linguists, her husband was one of the few soldiers who were left. A lot of the students trained by the other [Guard units] died.”

    Freymann would relay information on operating the Javelin to the linguist. Her husband, who was in the fight, would then send Freymann photos and videos of destroyed Russian tanks. Freymann says at least four tanks were destroyed after some of his over-the-phone coaching.

  • Stop me if you’ve heard this one before: Americans are abandoning high tax states (New York, California, Illinois, Massachusetts, New Jersey) and moving to low tax states (Florida, Texas, Arizona, North Carolina, Tennessee). (Hat tip:Ed Driscoll at Instapundit.)
  • “Pizza Hut is featuring a book about ‘drag kids’ as one of the books promoted by its ‘Book It!’ reading incentive program aimed at children in pre-kindergarten through 6th grade.”
  • “Louisiana Transgender Sports Ban To Become Law.” Good. If you have XY chromosomes, you shouldn’t be competing in women’s sports.
  • Speaking of obvious truths vs. radical transsexism: “Norwegian Feminist Faces Three Years In Prison For Saying Biological Men Can’t Be Lesbians.”
  • Ilya Shapiro resigns from Georgetown University rather than work with a Social Justice Warrior Sword of Damocles hanging over his head.
  • Brandon Herrera fires a rare Barrett .50 BMG designed to take out helicopters.
  • How bad is the new Lord of the Rings TV series? This bad.
  • And Disney is about to just churn out an endless conveyor belt of garbage.
  • Ouch!

    (Hat tip: Dwight.)

  • Not news: Real estate owners in New York City jacking up rates. News: Jacking up New York real estate. Namely jacking a landmark Broadway theater up 30 feet to put retail space underneath it.
  • Houston YouTube rapper who bragged about robbing ATMS arrested for robbing ATMs. What are the odds? (Hat tip: Dwight.)
  • Speaking of Dwight, he’s showing off his new gun purchase, a Smith and Wesson Model 38 Bodyguard Airweight in .38 Special.
  • Got over $200,000 lying around? Then you still have time to bid on an original Apple-1 computer signed by Steve Wozniak.
  • Boys und Panzer.
  • The Great Leveler Is Coming, Mimi

    Tuesday, June 7th, 2022

    In The Before-Time, The Long Long Ago, prior to The Great Dot Com Bubble Bust, newspapers (remember those?) were filled with reports of day-traders, ordinary people who quit their day jobs to trade stocks. And what do you know! A whole bunch of them made money doing that! They must have been geniuses!

    Few paused to test an alternative theory: They just happened to be riding the tail end of one of the greatest stock bubbles in history. It’s easy to pick stock market winners when there are lots of winners around.

    Then the bust hit, and a whole lot of geniuses turned out to not be so smart after all, especially those who had backed such companies as Flooz and WorldCom.

    Thanks in large measure to the SUPERgenius economic management of the Biden Administration, the world is now exiting an era of historically cheap money and entering a period of rising interest rates. A whole lot of business models that seemed to make sense during an era of cheap credit are going to look as retroactively foolish as Pets.com.

    Example the first: Vice Media is looking for a buyer.

    Vice will be mounting a new round of cost-cutting to try to stretch out its solvency while it searches for some sucker to buy it.

    Vice does not make money. It will never make money. It just wants a series of Sugar Daddies willing to pump money into it forever to keep its overpaid, underperforming staff paid.

    Snip.

    The article says that they can only estimate what Vice is worth. They guess it’s worth, maybe, “at least one billion.” (And they owe $1.1 billion in debt?)

    It was valued at $5.7 billion just a few years ago.

    Ace of Spades also posted this Ryan Long video that I’m absolutely stealing:

    As for the next media outlets to close, well, I’ve got to think any Bulwarkesque outlets whose entire raison d’être is subsidized Trump-hating is going to look like a luxury good during the Biden Recession.

    And Crunchbase keeps a running list of tech layoffs.

    Another sign of the serious straits people find themselves in: Consumers are maxing out their credit cards.

    High debt, high inflation and high interest rates are all recipes for disaster. And as those pools of liquidity dry up as cheap capital recedes, all the stranded starfish that so briefly thrived will find that they have no place to hide in the Biden Recession.

    Allusion in headline: