The Schumer Shutdown continues, “No Kings” rallies turns out to be a shuffling parade of elderly white dorks, Ukraine continues destroying Russia’s oil infrastructure, that Dutch chip company seizure has bigger ramifications than I anticipated, Canada wants to steal people’s homes, an NBA gambling scandal erupts, and you have a chance to buy a painting from the Iron Lady Collection.
Senate Democrats killed a bill proposed by GOP Sens. Ron Johnson (WI) and Todd Young (IN) that would have paid government essential workers during the extended shutdown.
It failed 54-45. It needed 60 votes to advance.
Only Democrat Sens. John Fetterman (PA), Raphael Warnock (GA), and Jon Ossoff (GA) voted with the Republicans.
“Democrats have voted down the stopgap bill 12 times.”
“How Did California Spend Billions on Homelessness Only for It to Get Worse? Two New Criminal Cases Offer a Clue.” Honestly, the first sentence supplies its own answer even without the second.
How did California manage to spend $24 billion in taxpayer money to address homelessness over the past years, only for the problem to get substantially worse?
The state has not offered any explanation since that figure was revealed in a state audit released earlier this year. But the arrest of two California men on Thursday suggests that at least some of the money may have been stolen through fraud.
Cody Holmes, the former chief financial officer at a downtown Los Angeles-based developer of affordable housing, was arrested on a federal criminal complaint charging him with mail fraud. In a separate case, Steven Taylor is accused of defrauding lenders to aid his property-flipping business. He is charged with seven counts of bank fraud, one count of aggravated identity theft, and one count of money laundering.
The arrests come as part of a larger federal investigation into homelessness funding fraud in the Golden State.
“Accountability begins today,” said acting U.S. Attorney Bill Essayli when he announced the arrests on Thursday. He said the two cases are part of a pattern of the larger misappropriation of billions in state funds meant to combat homelessness.
An audit released by the state in April revealed that California has spent more than $24 billion over the past five years to address the state’s homelessness crisis. The acting U.S. attorney formed a Homelessness Fraud and Corruption Task Force earlier this year to investigate where those tax dollars have gone.
“The two criminal cases announced is only the tip of the iceberg and we intend to aggressively pursue all leads and hold anyone who broke any federal laws criminally liable,” Essayli said.
Holmes, 31, is accused of fraudulently obtaining $25.9 million in state grant money for Shangri-La Industries, the developer of affordable housing for which he served as CFO. That money was intended to be used to purchase, construct, and operate homeless housing in Thousand Oaks under a state project called “Homekey.”
Holmes allegedly knowingly submitted inflated, fake bank records to the California Department of Housing and Community Development (HCD), to falsely prove the company had the capacity to fulfill homeless housing projects. However, authorities say the bank accounts that Holmes said contained these funds did not exist.
Holmes is now accused of using more than $2 million in state grant money to pay credit card bills that he was associated with, including purchases at luxury retailers.
HCD had previously paid millions of dollars to Shangri-La to buy, build, and operate housing for the homeless in Redlands and King City, among other California cities.
If convicted, Holmes faces up to 20 years in federal prison.
Meanwhile, Taylor, 44, is accused of using fake bank statements and false cash representations to obtain loans and lines of credit to operate his real estate business from August 2019 to July 2025.
The Brentwood man is also accused of lying to lenders about his intended use of various properties. He allegedly lied to the lender behind his purchase of a Cheviot Hills property, telling the lender he intended to renovate and use the property himself. However, he apparently had already contracted to sell the property, which he bought for $11.2 million thanks to a loan acquired through the use of fake bank statements. He was contracted to sell the property to a homeless housing developer who was purchasing the property with public funds from the city of Los Angeles and the state of California for $27.3 million in a double-escrow transaction hidden from the victim lender and others.
If convicted, Taylor would face up to 30 years in federal prison for each bank fraud count, up to ten years in federal prison for the money laundering count, and a two-year prison sentence for the aggravated identity theft count.
I’m sure this is only the tip of the Homeless Industrial Complex iceberg…
Speaking of homeless industrial complex fraud: “FBI raids homes of Charlotte activist Cedric Dean in health care fraud investigation.”
The FBI raided the home of Cedric Dean, a well-known community activist in Charlotte’s Palisades neighborhood, on Thursday.
The search is part of a federal investigation into an alleged multi-million dollar health care fraud scheme, according to federal court documents released to Queen City News.
A spokesperson for the FBI confirmed on Thursday that agents were “engaged in court-authorized investigative activity,” but did not offer further details.
Court documents obtained by QCN reveal that Dean and his company, Cedric Dean Holdings, are accused of fraudulently billing Medicaid for mental health services that were never provided. Investigators said Dean targeted vulnerable people, including those experiencing homelessness, in exchange for their Medicaid information, offering food or temporary shelter in return.
Dean allegedly submitted inflated or false claims to Medicaid, sometimes using fake diagnoses, and paid staff and recruiters through services like CashApp. Authorities said his company billed roughly $1 million per month and operated without enough staff to actually provide care.
“They’ve lost culture… Calling someone a Democrat is an insult,” Travis noted, adding “Calling someone a Kamala voter is an insult. This is white, black, Asian, Hispanic: young men across America are over the BS that they saw at this No Kings rally.”
“Look at the dance. These are huge dorks. They have no power. They are losers. No one wants to hang out with them,” Travis continued, pointing to the event as emblematic of the party’s disconnect.
“They’re old, 1960s protesters who now are on the side that they used to protest against. They don’t realize that the world has shifted around them and they are awkward lunatics,” he further emphasized.
No Kings? They don’t mean it, as they rebranded as “No Tyrants” in countries with monarchies.
“Ukraine hit Russia’s Novokuybyshevsk refinery in Samara, one of Rosneft’s key plants, processing 8.8M tons of crude annually, about 3% of Russia’s total refining capacity,” some 1,000km from Ukraine.
Hamas is carrying out the terms of the ceasefire every bit as well as you would expect. “After Attack on Troops, Israel Hits Hamas Terror Targets in Gaza BBC. Hamas carried out ‘multiple attacks against Israeli forces beyond the yellow line.'”
Israel struck terrorist targets in southern Gaza after Hamas terrorists attacked its troops located inside the agreed ceasefire line, violating the U.S.-brokered agreement. “The Israel Defense Forces (IDF) carried out airstrikes in the Rafah area on Sunday morning in response to violations of the ceasefire by Hamas,” the Israeli TV channel i24NEWS reported.
In response to Hamas’s action, the Israeli military targeted terror tunnels used in the sneak attacks. “Earlier, an IED or anti-tank explosion struck near an IDF engineering vehicle in the same area,” the broadcaster added. “Reports from Gaza indicate the strikes targeted Hamas positions shortly after the terror group fired an anti-tank missile at IDF forces.”
Trump’s genius wasn’t getting an agreement that would bring lasting peace for all time, it was getting the remaining living hostages out before Hamas inevitably violated the ceasefire.
“Palestinian illegal alien arrested by FBI for participating in October 7th terror attack.” “The complaint described the man, identified in court documents as Mahmoud Amin Ya’qub al-Muhtadi, as an operative for a paramilitary group in Gaza that has fought alongside Hamas.” Naturally, the media refers to him as “Louisiana Man.”
“Haitians who replaced American workers in tiny Pennsylvania town will be unemployed as factory shuts down.” “Many of these migrants were employed by a meatpacking plant known as Fourth Street Barbecue, also operating under the name Fourth Street Foods. They displaced native-born workers, drained local resources, and wired their paychecks overseas to third-world countries.”
One day after German tabloid newspaper Bild reported that Volkswagen had suspended production of the Golf at its Wolfsburg factory due to a worsening semiconductor shortage caused by a supply stoppage of Nexperia chips, the Dutch chipmaker, recently seized by the Netherlands government, warned Japanese automakers on Thursday that it may no longer be able to guarantee chip supply. The chip crisis spreading from Europe to Japan has set off alarm bells across the industry.
Bloomberg reports that the Japan Automobile Manufacturers Association (JAMA) has confirmed that its members, Toyota, Nissan, and Honda, have received warnings from Nexperia about chip supply woes and are working with customers to mitigate disruptions.
JAMA cautioned that chip shortages could have a “serious impact” on global auto production and urged governments to reach a “prompt and practical solution.”
“The chips manufactured by the affected manufacturers are important parts used in electronic control units, etc., and we recognize that this incident will have a serious impact on the global production of our member companies,” JAMA wrote in a statement, adding, “We hope that the countries involved will come to a prompt and practical solution.”
There’s something weird going on here. Any global manufacturing giant worth it’s salt should have second-source contingency plans for such lowly parts as semiconductor discretes. Even in Europe, there are other discrete manufacturers like Infineion and STMicroelctronics. Somebody (or a whole lot of somebodies) dropped the ball here.
“In just 7 minutes, thieves allegedly mounted a ladder, stole priceless jewels from the Louvre and fled on motor scooters.” No painstaking disarming of the alarm system? No sophisticated computer intrusion? No hanging from a cable to avoid triggering the floor alarm? Just smashing windows and cases with brute force? The ghosts of a century’s worth of French screenplay writers sigh in disappointment…
Welcome to Richmond, British Columbia, a suburb of Metro Vancouver.
This is a letter the city sent to residents to notify them that their home might belong to the natives who once camped there 200 years ago.
Please take note that the recent BC Supreme Court decision of Cowichan Tribes v Canada, 2025 BCSC 1490 made some very important decisions which could negatively affect the title to your property. A briefing paper prepared by City of Richmond staff is attached for your reference.
If you look at the draft map attached to the briefing, your property is located within the Claim Area outlined in green. For those whose property is in the area outlined in black, the Court has declared aboriginal title to your property which may compromise the status and validity of your ownership – this was mandated without any prior notice to the landowners. The entire area outlined in green is claimed on appeal by the Cowichan First Nations.
Snip.
A liberal female judge issued an 863-page ruling ordering that private properties, some of which have been in families for generations, must return to the hands of a nomadic tribe that once loosely lived on the land hundreds of years ago, long before anyone who is currently alive was ever born.
This matter was so important to the judge and other liberal allies that it was the “longest trial in Canada’s history.” It is also seen as setting a precedent for confiscating property across the nation.
Now you know why the radical left keeps pushing those bullshit “land acknowledgements.”
A tenured professor at the University of Texas at Austin says he was dismissed from his senior administrative post due to “ideological differences,” marking the latest shake-up in Texas’ statewide effort to reform higher education and curb campus DEI influence.
Last week, Art Markman posted that UT leadership had dismissed him in late September as academic affairs senior vice provost.
Climate activist David Bookbinder admits its a shakedown. “Essentially, the tort liability is an indirect carbon tax. You sue an oil company, an oil company is liable, the oil company then passes that liability on to the people who are buying its products.”
NBA gambling scandal: “ESPN is reporting the arrest of Portland Trail Blazers head coach Chauncey Billups. Also arrested: Terry Rozier, guard for the Miami Heat.”
Billups, an NBA Hall of Famer, has been charged with partaking in an alleged illegal poker ring tied to the Bonanno, Genovese and Colombo crime families, sources told The Post.
A total of 31 people across the country are charged with running rigged games, which took place in Manhattan, the Hamptons and Las Vegas, sources said.
The players involved were being paid by mobsters to play in card games fixed with technology and card shuffling machines to give the house the advantage, sources familiar with the case said.
The athletes were told to take a dive when they had to and win when they were told. It didn’t appear as if they were attempting to pay off any debts, sources said.
Rozier is being charged with point-shaving.
Director Blue has a lot more details about the mob guys running the games, and the sophisticated technologies used, like special contact lenses to read marked cards, cryptocurrency money laundering and x-ray tables.
The Critical Drinker walks through every Disney Star Wars film, how much they cost, and how much they made or lost. Since they received substantial tax credits for filming in the UK, they evidently had to submit real numbers rather than the usual Hollywood Accounting bullshit. The Force Awakens evidently cost $638.9 million to make, which would probably rank it as the most expensive film of all time.
In a modern world deeply interconnected by global trade, it’s pretty rare that a country will just up and seize a company belonging to another country, but that’s just what The Netherlands did.
The Dutch government has taken control of Nexperia, a Chinese-owned chipmaker based in the Netherlands, in a bid to safeguard the European supply of semiconductors for cars and other electronic goods and protect Europe’s economic security.
The Hague said it took the decision due to “serious governance shortcomings” and to prevent the chips from becoming unavailable in an emergency.
Nexperia’s owner Wingtech said on Monday that it would take actions to protect its rights and would seek government support.
The development threatens to raise tensions between the European Union and China, which have increased in recent months over trade and Beijing’s relationship with Russia.
In December 2024, the US government placed Wingtech on its so-called “entity list”, identifying the company as a national security concern.
Under the regulations, US companies are barred from exporting American-made goods to businesses on the list unless they have special approval.
In the UK, Nexperia was forced to sell its silicon chip plant in Newport, after MPs and ministers expressed national security concerns. It currently owns a UK facility in Stockport.
Nexperia was spun off from NXP, which was spun off from Philips. They’re integrated device manufacturers, but not anywhere near the high-end devices fabbed by TSMC, Intel or Samsung. Quite the opposite. Nexperia specializes in discretes, the cheap, mass-produced individual electronic components (transistors, diodes, MOSFETs) that are on the very bottom rung of semiconductor manufacturing: High volume, low margin operations for extremely cheap, simple chips that still under-gird just about every electronic product made.
That Stockport (greater Manchester) fab was built in 1987, which is so many semiconductor generations ago I can’t even count. The only Nexperia fab left is in Hamburg, which is shown as being built in 1953, but since they’re running 200mm wafers, it was probably last upgraded in the 1990s, and supposedly turns out “100 billion devices per year.” Semiconductor fabs that turn out discretes are informally called “jelly bean factories,” and earn low but reliable profits.
The Dutch Economic Ministry said it made the “highly exceptional” decision to invoke the Goods Availability Act over “acute signals of serious governance shortcomings” within Nexperia.
“These signals posed a threat to the continuity and safeguarding on Dutch and European soil of crucial technological knowledge and capabilities,” the ministry said in a statement.
“Losing these capabilities could pose a risk to Dutch and European economic security.”
The statement did not detail why it thought the firm’s operations were risky. A spokesperson for the minister of economic affairs told the BBC there was no further information to share.
The measures are aimed to keep European chip supplies flowing and protect Dutch intellectual property, said EU-China researcher Sacha Courtial.
In a crisis, a Chinese-owned company could come under pressure from Beijing to halt supplies or prioritise sales to China, crippling European industries like carmakers and electronics manufacturers, he said.
The Hague’s move puts economic security “over free-market investment principles”, in what could pave the way for other governments to follow, said Mr Courtial from the Jacques Delors Institute.
The China Semiconductor Industry Association said on Tuesday that it is “seriously concerned” about the Dutch government taking control of Nexperia.
The group described the measures as “selective and discriminatory” against overseas branches of Chinese enterprises and undermine open trade.
The Dutch court document said records from a June 12 meeting between U.S. Commerce Department officials and the Dutch Foreign Ministry showed rising pressure to remove Nexperia’s Chinese CEO to help keep the company off the list.
“The fact that the company’s CEO is still the same Chinese owner is problematic,” the filing said, citing minutes from the Dutch-U.S. meeting. “It is almost certain the CEO will have to be replaced to qualify for the exemption from the entity list.”
Nexperia is caught between the U.S. and China, with U.S. President Donald Trump ratcheting up pressure on tech as part of a broader trade war in which he threatened 100% tariffs on China’s exports last week. Beijing has announced curbs on exports of rare earths.
Nexperia faces export restrictions from both governments, it said on Tuesday, and is seeking talks. It said a new interim CEO had been put in place after the former chief executive Zhang Xuezheng was removed from his post on a Dutch court order.
The documents released on Tuesday by the Amsterdam Commercial Court showed that Nexperia had been informed by the Dutch Economic Affairs Ministry on June 5 that the new U.S. rule might be coming and it should take action. “It was clear to all involved that (a U.S. listing) could have a significant negative impact on Nexperia and its business,” it said.
The fact the Dutch government so readily acceded to U.S. requests suggests that the case against Nexperia was pretty substantial, and the specter of possibly open conflict with an increasingly bellicose Russia may have played a factor in their decision making. Nailing down key supply chain components, no matter how lowly, is both far-sighted and suggests there’s more to this situation than meets the eye.
Also, it may be that Euroelites are simply tired of both Russia and China’s lawless shenanigans…
Trump might actually bring peace to the Middle East, the FBI behaving badly (again), Letitia James gets served a heaping plate of payback, a bomb factory goes boom, a dive into the mind of a social justice warrior, Ukraine keeps wrecking Russia’s oil infrastructure, and ShoeOnHead dives deep into really icky erotica aimed at women. Plus multiple good boys.
It’s the Friday LinkSwarm!
Peace in the Middle East? “Trump Announces Israel, Hamas Have Agreed to First Phase of Peace Deal to End Gaza War.”
President Donald Trump announced Wednesday that Israel and Hamas have agreed on the first phase of his 20-point peace agreement to end the war in Gaza.
Hamas will exchange the remaining living and dead hostages in its captivity and Israel will respond by releasing Palestinian prisoners, Trump said on Truth Social.
“I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan. This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace,” Trump said.
“All Parties will be treated fairly! This is a GREAT Day for the Arab and Muslim World, Israel, all surrounding Nations, and the United States of America, and we thank the mediators from Qatar, Egypt, and Turkey, who worked with us to make this Historic and Unprecedented Event happen,” he added.
“BLESSED ARE THE PEACEMAKERS!”
Snip.
With the deal on the table, the White House said Trump is considering a trip to the Middle East after he completes his annual checkup on Friday.
Releasing the hostages and prisoners is one aspect of the Trump administration’s plan to stop the fighting in Gaza and foster economic development in the region. Hamas is expected to begin releasing the hostages this upcoming weekend.
In September, the White House released Trump’s plan for stabilizing Gaza and creating a temporary governance structure to rebuild the territory and prevent Hamas from governing it after the war. At the same time, Trump gave Israeli Prime Minister Benjamin Netanyahu the green light to escalate the conflict in Gaza if Hamas rejected his latest overture.
“With God’s help we will bring them all home,” Netanyahu said in a statement.
Trump’s announcement Wednesday marks the beginning of end of the war between Israel and Hamas after almost two years of fighting and tens of thousands of casualties. The war began on October 7, 2023, when Hamas fighters killed 1,200 innocent civilians and abducted more than 250 hostages.
If it works out and the hostages get home, fine and dandy, but Jihadis not living up to their promises and treaties is pretty much the norm, so I’m not going to hold my breath…
“Patel Fires FBI Agents, Ends CR-15 Squad After Learning Jack Smith Tracked GOP Senators. Patel also said the FBI “initiated an ongoing investigation with more accountability measures ahead.”
FBI Director Kash Patel announced he fired the agents and dismantled the squad after learning former Special Counsel Jack Smith tracked eight GOP senators while investigating then-former President Donald Trump.
Patel wrote on X:
Transparency is important and accountability is critical. We promised both, and this is what promises kept looks like. This FBI is delivering.
As a result of our latest disclosure about the baseless monitoring of members of Congress by the prior leadership team of the FBI, we have already taken the following actions:
We terminated employees, we abolished the weaponized CR-15 squad, and we initiated an ongoing investigation with more accountability measures ahead.
Transparency is important and accountability is critical. We promised both, and this is what promises kept looks like. This FBI is delivering.
As a result of our latest disclosure about the baseless monitoring of members of Congress by the prior leadership team of the FBI, we…
— FBI Director Kash Patel (@FBIDirectorKash) October 7, 2025
But will the DOJ take action against Smith? That’s my big question.
The CR-15 squad is a federal public corruption squad. It helped Smith during the Arctic Frost investigation, which involved Trump allegedly trying to overturn the 2020 election and the Capitol Hill Riot.
In May, Patel said he folded the squad and reassigned the agents. I’m unsure if today’s comments indicate that the FBI will no longer have another CR-15 squad.
Sen. Chuck Grassley (R-IA) revealed the tracking memo on Monday. Smith tracked these eight senators:
Marsha Blackburn (TN)
Lindsey Graham (SC)
Bill Hagerty (TN)
Josh Hawley (MO)
Ron Johnson (WI)
Mike Kelly (PA)
Cynthia Lummis (WY)
Tommy Tuberville (AL)
Yet another reason President Autopen was so busy handing out pardons like Halloween candy…
R.S. McCain takes a deep dive into the Democrat Party’s social justice craziness.
Did you ever wonder how the Democratic Party got so crazy? For example, how is it that the governor of Illinois is inciting violent mobs against federal immigration authorities and meanwhile, in Virginia, every Democrat is rallying to the defense of Attorney General candidate Jay Jones, who openly fantasized about murdering political opponents?
To summarize briefly: Bad causes attract bad people.
To understand the symbiotic relationship between toxic political movements and their toxic supporters, my advice is to first read Eric Hoffer’s 1951 classic, The True Believer, especially Part 2: “The Potential Converts.” Next, you should read Friedrich Hayek’s The Road to Serfdom, focusing on Chapter 10, “Why the Worst Get on Top.” Among the personal experiences that led me to comprehend this phenomenon was being swarmed by a mob of “Occupy” protesters in 2011. If you ever had the misfortune to be in close proximity to a zombie horde like that, you would never doubt that the fundamental problem of the Democratic Party is that its grassroots “base” is composed of dangerous lunatics.
If you ever needed a reason to vote Republican, this is it: Democrats are the party of people who celebrate terrorist massacres of innocent Jews.
All of which is preamble to introducing you to the person calling herself “Cloud,” who describes herself as “Pisces / 26 / ATL / Immortal Angel Femboy / Cosplayer” on an Instagram account with approximately 8,000 followers. If ever anyone needed a Kiwi Farms LOLCow file . . .
This summer, “Cloud” went viral with a video denouncing Taylor Swift’s engagement to “MAGA-adjacent” Travis Kelce:
“I can already feel myself regretting making this video. If ten people are sitting at a table, and one of them is a Nazi, and the other nine people are not telling the Nazi to fuck off, then you’re at a table with ten Nazis. When Taylor Swift first started dating Travis Kelce and Travis Kelce was so open about his ‘respect’ for Donald Trump, I already knew we were reaching the beginning of the end, right? When she was posting photos with, like, other NFL wives and girlfriends or whatever, and they were all open MAGAs, and Taylor was happily posing with them on Instagram, I knew we were at the beginning of the end. I just didn’t know how long it would take for the general populace to catch on that it was the beginning of the end. You cannot be friends with people who have different opinions on you when those opinions are life and death for other people — when the Supreme Court ruling today has decided that certain people’s lives are genuinely worth more on paper than others. This is a black-and-white issue. I’m sorry, but there is no nuance when it comes to Trump. You’re either chill with the guy who has death camps in El Salvador or you’re not. And the only reason I’m making this video is because I’ve been very open about how much I love Taylor Swift during the last few years. So I do feel obligated to come on here and say she is MAGA — or at least, MAGA-adjacent. And I’m sorry, as a trans person, if you’re Nazi-adjacent, that’s still a Nazi to me. Do with that info whatever you will.”
Oh, wow — where to begin unraveling this gigantic yarn-ball of dangerous craziness? To start with, the Supreme Court ruling she references (see “NY Times on the Left’s Skrmetti Bungle: ‘Somebody Set Up Us the Bomb’,” June 21) was a consequence of transgender activists overplaying their hand, trying to claim that a state law prohibiting transgender “treatment” for children to be a form of sex-based discrimination that violated the Equal Protection Clause of the Fourteenth Amendment. Pause for a moment to ask yourself whether those who voted to ratify the Fourteenth Amendment in 1868 intended for it to protect the use of synthetic hormones and surgery to turn children into carnival sideshow freaks. As a legal theory, this is bizarre, and yet “Cloud” (who identifies as a “trans person” despite apparently having undergone no such treatment herself) sees the Skrmetti ruling as “life or death.” This over-the-top rhetoric is entirely consistent with her lazy formula “MAGA = Nazi.” If you don’t vote for Democrats, you are a latter-day Hitler, she contends, and therefore . . . ?
Violence is the logical conclusion of a syllogism built on such premises, and good luck trying to convince Democratic voters that their belief system is based on dubious premises and fallacies. Having convinced themselves that they are “on the right side of history,” they consider it a hate crime to disagree with them. This fanaticism attracts bad people to the Democratic Party banner, and the bad people expect their party to represent their beliefs, which is why the Democrats are so crazy.
A federal grand jury in Eastern Virginia has indicted New York Attorney General Letitia James on one count of bank fraud, multiple outlets are reporting.
US Attorney Lindsey Halligan presented the case to the grand jury on Thursday, according to sources, one month after she was installed in her role.
As noted in August, a criminal referral was filed against James, alleging that she had “falsified records” to get home loans for a Virginia property that she claimed was her “principal residence” in 2023 – while she was serving as a New York state prosecutor.
Federal Housing Finance Agency (FHFA) Director William Pulte sent the missive to Attorney General Pam Bondi and Deputy AG Todd Blanche, claiming that in late August 2023 – weeks before she launched her civil fraud trial against the Trump Organization for inflating the values of its properties.
In 2021, James also purchased a 5-family Brooklyn property, but has “consistently misrepresented the same property as only having four units in both building permit applications and numerous mortgage documents and applications,” the letter noted.
Loans secured for this property could have reduced her mortgage interest rate by as much as 1% – leaving James with lower monthly payments under the federal Home Assistance Modification Program (HAMP) since it was listed as containing just four units, according to Pulte.
More on that subject:
Not trying to make a political point here.
I spent years as a mortgage banker at Quicken Loans (now Rocket Mortgage), the number one mortgage lender in the country, before I ever went to law school. So when I see stories like this, I look at them a little differently.
The Trump Administration has designated international drug cartels as unlawful combatants.
President Donald Trump has finally named the enemy: Mexican drug cartels. Declaring them unlawful combatants and recognizing a “non-international armed conflict” marks one of the most consequential national security shifts in modern history.
For decades, Washington treated cartel violence as a crime — a problem for prosecutors, not generals. Indictments were filed, assets seized, and sanctions imposed. But the cartels fought a different kind of war, one that combined terror, intelligence, and territorial control. Calling it “crime” guaranteed defeat.
We refused to define the cartels as belligerents — and fought the wrong fight.
According to the Armed Conflict Location and Event Data Project, Mexico ranks among the world’s most violent conflict zones — behind only Palestine, Myanmar, and Syria. It is also the second-most dangerous country for civilians. Those numbers are not from a failed state overseas. They come from our southern border, where cartel wars spill into American communities daily.
For decades, federal authorities insisted on using a law-enforcement lens. Agencies operated under Title 21, Title 50, and limited “detect and monitor” authorities. They punished crimes but never broke campaigns. The narrow scope bred strategic blindness. While U.S. prosecutors filed indictments and built cases, cartels corrupted institutions, coerced populations, and built empires.
As the Marine Corps teaches: How you define the environment determines how you operate in it. We refused to define the cartels as belligerents — and fought the wrong fight.
By every operational measure, cartels are hybrid threats. They control territory, command loyalty through terror, and run parallel governments. They tax, adjudicate, and even “protect” local populations. Their power rests on corruption and espionage: bribing officials, infiltrating agencies, and compromising law enforcement through human networks that resemble intelligence tradecraft.
Cartels operate across land, air, maritime, subterranean, cyber, and electromagnetic domains. They deploy drones, tunnels, jammers, and encrypted systems. They are multi-domain actors running hybrid campaigns.
Cartels don’t just smuggle — they destabilize. Mass migration has become a weapon of war: overwhelming institutions, hiding operatives, and masking foreign infiltration. Millions of illegal entrants from more than 170 nations have crossed under cartel supervision. The intent is not just profit. It’s demographic disruption.
Under federal law, terrorism includes violence intended “to intimidate or coerce a civilian population” or “influence government policy.” By that definition, Sinaloa and Jalisco New Generation qualify as terrorist organizations.
Munitions plant explodes in Bucksnort, Tennessee. Which is a real place off I-40. “Accurate Energetic Systems, LLC (AES) is a certified Women-Owned Small Business specializing in the production, handling, and storage of energetic materials for military, aerospace, and commercial demolition sectors.” Chopper footage shows the place leveled.
“Ukrainian drones hit multiple targets in Russia [including] the Feodosia oil depot in Crimea, a chemical plant Sverdlov in Dzerzhinsk and power plants in Belgorod and Klintsy.”
They also carried out a drone strike on a key oil pumping station in Efimovka. “The station [is] a key node on the Kuibyshev-Tikhoretsk pipeline that moves Urals crude to the Black Sea.”
Finland’s President Alexander Stubb says that Russia’s economy is crumbling. “Inflation is over 20% which means that their [financial] reserves are close to zero.” Also: “In the past roughly 1,000 days, Russia has advanced only one percentage point of Ukrainian territory.”
Eman Abdelhadi, an associate professor in the university’s Department of Comparative Human Development, was arrested Friday and charged with two counts of aggravated battery to a government employee, a Class 3 felony, and two counts of resisting/obstruction peace, a Class A misdemeanor, the Cook County Sheriff’s Office told Fox News.
Radical sociologist Abdelhadi, who previously cursed out her employer while speaking at a “Socialism 2025” conference, is due in court again on Tuesday.
It sounds like University of Chicago already has plenty of evidence to fire Abdelhadi for cause.
Texas Attorney General Ken Paxton joins lawsuit to close the Texas Republican primary. Paxton might quite rightly have a conflict of interest here, since Democrats voting in he Republican primary would obviously favor his Senate race opponent John Cornyn…
EPCOR Utilities Inc. recently announced its intent to begin construction and eventual operation of a facility in Galveston Bay, a region that is home to almost eight million people.
Beginning with a permit application with the Texas Commission on Environmental Quality (TCEQ), EPCOR is planning to construct a desalination plant on the San Leon Peninsula, which, according to a press release, will supply approximately 26.5 million gallons of fresh water per day.
The Bayshore Desalination Facility is projected to be completed in approximately five years if the design and construction phases are allowed to proceed.
Various government entities have been warning about potential water shortages for some time now, so it’s good to get ahead of the curve.
“Morning Glory Milking Farm [is] a popular romance novel about a young woman down on her luck who does what every young woman does when facing financial struggle. She starts an Only Fans. No, I’m just kidding. She wouldn’t degrade herself like that. She gets a job jerking off monsters.”
“I forgot to inform you that there is a new epidemic. An epidemic that many have yet to discuss and that epidemic is female Gooners. Now, for those of you unaware, Goonar is internet slang for someone addicted to porn, and smut is slang for dark romance novels, otherwise known as porn.” [sigh] I did a tiny bit of research on the term “gooner” when I first came across it in an Asmongold video, and Shoe is slightly off in her definition, as the most common use of the term seems to be someone who masturbates constantly without achieving orgasm.
“I actually read the book myself, and I’m not going to lie: the Nineteenth Amendment needs to be abolished.”
“I like how in this fantasy world, student loans still exist. Like, we can imagine a world with minotaurs and humans in a relationship, but we can’t imagine a world without student loans.”
She reads a goodly portion of the scene where the minotaur insists on paying for his handmaiden’s dinner. “Inside every woman there are two wolves or two bulls, the strong independent girl boss and the submissive doting housewife. And in the presence of a masculine man, or a farm animal, she will fold like a lawn chair and instantly return to factory settings.”
“Women are going to be picking up Animal Farm now, ‘like, where’s the horse cock?'”
One of the books Amazon recommended after she bought this one: Pounded By Produce.
“Are we really going to pretend that a story about a young woman getting a job milking mythical creatures to pay off her student debt is not funny? It’s funny. If that makes me a sexist misogynist, you got me. To act like you are so different and above the other Gooners is just it’s silly. I’m sorry, but you are no different than Joe Schmo jerking it to Fat Booty Latinas in Space 12.”
Just wait until she talks about women attending the “Sinners and Stardust” convention and actually sexually assaulting a man there. So if you’re a single man desperate enough to attend such a convention know that the odds are good, but the goods are odd…
“The women are like conquered and taken and overpowered by these monsters. And I think many of these women are reading these books containing monsters and not men because masculinity and dominance in men has been completely demonized in modern society. But the truth is many women still crave it. You see, the monsters in these stories have those like dominant masculine traits that women like so much, but they’re not human men. They have all these traits women desire without the problematic baggage human men bring without being the men they hate or have been told to hate. It is the perfect guilt-free slop.”
On the other hand, he thinks Tron: Ares is “complete arse. “I’ve got plenty of issues with Tron: Legacy, but that movie was a goddamn masterpiece compared to this.” “Not only can Disney not be trusted as the custodians of other people’s IPs that they bought their way into, they can’t even be trusted to manage their own fucking IPs at this point.”
Ridley Scott says that most films today are crap. on the one hand, he’s right. On the other hand, he’s also the director of Prometheus, so glass houses, stones…
The Trump Administration guts two lefty slop buckets of graft, Israel lights up the Houthis big time, crazy tranny shooter might have been in satanic cult too crazy for the Church of Satan, Ukraine bombs the snot out of Russia’s oil infrastructure (again), Scotland and Germany continue to favor unassimilated Muslim immigrants over their own citizens, a secret Spinal Tap concert, and the full weight of Plano ISD comes down on a nefarious…a choir booster club?
It’s the Friday LinkSwarm!
Another court win for Trump47. “Supreme Court Rules 5-4 That Trump Can Slash $783 Million In DEI Research Funding.”
The Trump administration is free to eliminate hundreds of millions of dollars worth of research funding on diversity, equity and inclusion (DEI) following last week’s ruling by the United States Supreme Court.
In a 5-4 vote, the justices lifted an order from a federal court judge in Boston that blocked $783 million in cuts made by the National Institutes of Health (NIH) on health research grants that were being used to advance DEI efforts as well as “gender ideology extremism.”
The Supreme Court was split on the 5-4 decision which marks another win for President Trump and clears the way for his administration to move forward with canceling hundreds of grants after U.S. District Judge William Young ordered the health-related grants restored in June.
Chief Justice John Roberts was among the dissenters in the high court’s decision and Justice Amy Coney Barrett voted with conservative majority to let the administration stop the grant funding.
Roberts and Barrett did land on the side of the dissent and allowed to stand a portion of the lower judge’s order that voided a number of NIH policies that targeted DEI programs at the direction of the White House.
Commerce Secretary Howard Lutnick canceled an Biden administration agreement Monday to distribute billions of dollars for semiconductor research through a nonprofit set up and staffed by former political appointees, according to a letter obtained by The Post.
The 2022 CHIPS and Science Act provided for $11 billion in semiconductor research and development funding to be given out by the Commerce Department’s National Semiconductor Technology Center.
“Rather than establishing these operations within the Department, however, Biden Administration officials spent significant time, effort, and resources creating an unaccountable, outside entity–Natcast–to administer taxpayer funds,” Lutnick wrote Natcast CEO Deirdre Hanford.
Four days before Biden left office on Jan. 20, Lutnick noted, the Commerce Department agreed to set aside $7.4 billion in “advance payments” to Natcast after spending nearly two years setting it up and tapping administration officials, advisers and allies to fill out positions.
That arrangement both effectively removed the incoming Trump administration from being involved in the process and provided “virtually all” of Natcast’s funding — prompting incoming Departments of Justice and Commerce officials to take another look at the Sunnyvale, Calif., nonprofit.
“These actions do not just give the appearance of impropriety; they flout federal law,” Lutnick told Hanford, pointing out that no provisions in the CHIPS Act authorized an outside entity like Natcast to distribute semiconductor research funds.
“The GCCA [Government Corporation Control Act] plainly prohibits agencies from establishing a corporation to act as an agency without specific authorization, and the January 16, 2025, agreement does nothing other than set forth the terms of the Biden Administration’s attempt to do just that.”
Natcast’s selection committee included Biden White House alums like Jason Matheny, former deputy director for national security in the White House Office of Science and Technology Policy; and Kendra Wilkerson, the CEO of a nonprofit that “promotes greater equality for women and nonbinary professionals in technology fields,” according to the Biden Commerce Department.
Donna Dubinsky, another Natcast executive, worked as senior counselor to former Commerce Secretary Gina Raimondo and signed off on the nonprofit’s 501(c)(3) status.
Susan Feindt, the Biden Commerce Department’s vice chair of its CHIPS Act advisory committee, is now the senior vice president of ecosystem development at Natcast.
Jeremy Licht, the former chief counsel on semiconductor incentives at the Biden Commerce Department, is now the general counsel at Natcast.
They weren’t robbing Peter to pay Paul, they were robbing you to line their own pockets. (Hat tip: Stephen Green at Instapundit.)
White House Deputy Chief of Staff for Policy and Homeland Security Advisor Stephen Miller told reporters Monday that the Trump administration has uncovered a “massive scandal” in Washington D.C. involving the doctoring of crime statistics.
He said the alleged corruption is currently under investigation and said details of the corruption will soon be brought to light.
“The results will stun you,” he said.
Miller made the remarks in the Oval Office after President Trump signed a slew of new executive orders to end cashless bail throughout the United States and in the District of Columbia, prosecute the burning of the American flag, and additional measures to address crime in Washington D.C.
Miller said D.C. already had the worst crime statistics in the United States when “honestly measured,” but those stats “dramatically understated how bad it was.”
The White House advisor told reporters that murders and homicides were allegedly being reported as accidents instead of murders.
“This is how severe the manipulation of the crime data has been in the city and it will all be uncovered and it will all be brought to light,” he said.
For the past two weeks—since the D.C. crime crackdown began—the city has not seen a single murder or homicide.
“No police officer working in the city can remember a time in their lives when there has been no murders,” Miller asserted.
He said police officers have told him that members of the public have been thanking them for making D.C safe again.
“For the first time in their lives, they can use the parks, they can walk on the streets, you have people who can walk freely at night without worrying about being ribbed or mugged,” he said. “They’re wearing their watch again, they’re wearing jewelry again, they’re carrying purses again.”
Miller explained that D.C. residents had been forced to “change their who lives for fear of being murdered, mugged or carjacked.”
He added that Trump had freed the 700,000 residents of the city from “the rule of criminals and thugs.”
Miller credited Drug Enforcement Administration (DEA) Administrator Terrance C. Cole with discovering that street criminals in Washington D.C. have been “doing business directly with the transnational criminal cartels,” which are foreign terrorist organizations.
“So not only was the city being run by these criminal thugs, but they were working with some of the most dangerous terrorist organizations on the planet to traffic weapons and drugs into this city,” he explained.
Israel’s military conducted airstrikes on Yemen’s Houthi-controlled capital, Sanaa, on Sunday, targeting high-profile sites in a significant escalation of hostilities.
The strikes hit areas near the presidential palace, the Asar and Hizaz power plants, and Houthi facilities suspected of housing artillery, including ballistic missiles, according to regional reports.
The operation was a direct response to recent Houthi attacks on Israel, including projectile launches on Friday, a military source told the Jerusalem Post. While Israel has previously targeted Houthi infrastructure, its strikes have largely focused on the strategic port city of Hodeida, a critical economic and military hub. The shift to Sanaa signals a broader and more aggressive approach to the conflict.
At least two people were killed and five others injured, Al Masirah, a Houthi-affiliated media outlet reported, according to Al Jazeera.
“The attacks were carried out in response to repeated attacks by the Houthi terrorist regime against the state of Israel and its citizens, including the launch of surface-to-surface missiles and unmanned aerial vehicles towards the country’s territory,” the Israeli military said in a statement.
There’s video:
The exact moment Israel vaporized the entire leadership of Yemeni Houthis 👇
“Westman’s videos, posted hours before the shootings, may only suggest he used ‘very similar to the symbolism used by violent global satanic cults called Order of 9 Angles and 764.'” I reached out to a “left-hand path” guy I knew from science fiction for background, and he offered the following:
Many years ago Dr. Anton LaVey asked Micheal Aquino to write two “Lovecraftain Pieces” for the _Satanic Rituals — “Th Cermony of the Nine Angles”and “The Call to Cthulhu”.
Then back in the 1990s a weirdo (named Myall back in the day) claimed that family knew the REAL SECRET of the nine angles. It was mainly Neo_Nazy stuff — “Kill a Jew for Satan” The guy claimed 100s of followers and had several Orders he was running –my favorite was the “lesbian: Order of the Sapphic Satanists. He tried to join Islam and run an atisemetic Islamic Runic brotherhood that worshipped Azathoth. It did not go well. The ONA shows occasionally with anti-Jewish slogans.
According to this piece last year, 764 is a global Satanic child predator network.
The likely next mayor of New York City, Zohran Mamdani, is, as President Donald Trump put it, a “100% Communist lunatic,” and so you won’t exactly be dumbfounded to learn that his advisors are a rogue’s gallery of political hacks and psychopaths the likes of which have not been seen since Chairman Mao sat down for a tete-a-tete with his fellow cultural revolutionaries. It’s clear that one way or another, once this clown moves into Gracie Mansion, New York City is in for it: skyrocketing crime, an inundation of illegal migrants, bankruptcy, the destruction of the city’s economic base — all that and more is on the table.
Fox News reported Thursday Mamdani’s “growing circle of influence is littered with activists who have espoused anti-Israel views and socialist principles as he attempts to dispel the narrative that he is too ‘radical’ to run the nation’s largest city.” Yeah, these advisors show that he is indeed far too radical to be mayor of New York, but that’s not likely to keep him from being elected.
Among those advisors is Murad Awawdeh, president of the New York Immigration Coalition (NYIC), which advocates ending “state support for detention, deportation, and mass incarceration.” Awawdeh insists that illegal migrants “deserve” healthcare, presumably at the expense of the American taxpayer. He has also ranted: “NO LISTEN… SEEKING ASYLUM AT THE BORDER IS A LEGAL RIGHT. ASYLUM SEEKERS ARE FLEEING FOR THEIR LIVES FROM VIOLENCE, PERSECUTION, & IMPACTS OF CLIMATE CHANGE. THE U.S. HAS A LEGAL OBLIGATION TO PROVIDE REFUGE. #WelcomeWithDignity”
A legal obligation to provide refuge for anyone fleeing any kind of difficulty? Do tell. Anyway, NYIC has “taken in $175,000 from the sprawling George Soros nonprofit network,” and if that connection of Soros to Mamdani is too tenuous for you, there is plenty more. Fox News reported on Aug. 14 that “A former top executive for liberal billionaire George Soros’ Open Society Foundations (OSF) between 2017 and 2020 is back in the spotlight amid reports highlighting his involvement with Zohran Mamdani’s New York City mayoral campaign and connecting Obama world to the campaign.”
The Soros exec in question is Patrick Gaspard, an old political hand on the left; the first campaign he worked on was Jesse Jackson’s 1988 presidential run. Gaspard “has served in several high-profile political positions, including advising former President Barack Obama’s historic 2008 campaign, serving as the Democratic National Committee’s executive director, and being tapped as the Center for American Progress (CAP) president in 2021.”
Ismael “El Mayo” Zambada, the co-founder of the Sinaloa cartel, is set to face the rest of his life behind bars as the Trump administration ramps up its efforts to dismantle cartels.
Zambada, 75, confessed in a Brooklyn, New York, courtroom Monday that he had coordinated with Mexican officials to smuggle drugs into the U.S. for decades — and ultimately pleaded guilty to serving as principal leader of a continuing criminal enterprise and racketeering conspiracy.
The Trump administration has pledged to take down the cartels — and experts predict Zambada’s guilty plea paves the way for the Justice Department to launch more indictments against high-profile cartel members moving forward and exerts additional pressure on Mexico to comply with U.S. requests.
Russia may not have an oil industry at all when this war is over. Ukraine just hit two more oil refineries, Kuybyshevskiy in Samara and Afipsky in Krasnodar. “Multiple swarms hit this refinery, which makes Russia’s air defense look even more incompetent than usual.” It was also 1,000km away.
They also hit the Ust-Luga gas processing terminal near St. Petersburg with ten drones. “This terminal is responsible for processing stable gas condenscent in naphtha jet fuel fuel oil and distillates.” The location makes me wonder if a goodly portion was intended for the export market.
The map of Russian refineries reveals a key strategic problem. The main processing capabilities are in the European part of the country, whilst fuel consumption is rising in the far east. Fuel logistic chains for eastern regions span thousands of kilometers, creating additional costs and risks. Kilometer-long queues in cities are a direct result of the imbalance between western production and eastern consumption.
Harris County’s District Attorney Sean Teare has charged Yunhai Li, a 35-year-old former MD Anderson Cancer Center researcher, with attempting to steal and take proprietary cancer-related research back to China. This comes after multiple warnings about research security in Texas higher education.
While the Department of Transportation has owned the historic station since the 1980s, it has allowed a nonprofit, the Union Station Redevelopment Corporation, more control over the station year after year.
Now, the Department of Transportation says it plans to use a new deal with Amtrak and USRC to fund improvements to elevators, lighting, security and other repairs to the roof and several major systems.
“Scottish Girl Arrested For Using Knife And Axe To Ward Off Migrant Stalker.” She was defending her 12-year old sister from unassimilated would-be Muslim statutory rapists, so of course the police had to arrest her…
Last week, a Houston resident foiled a home invasion attempt by a couple criminals trying to impersonate the police. According to the news article:
“Police said the men told the homeowner they were serving a warrant. They were wearing bullet-proof vests, had badges around their necks and were wearing ski masks.”
The homeowner ended up shooting and killing both offenders.
There are many more tips in the article, but police don’t wear ski masks while serving a warrant…
“Texas Teacher Arrested on Federal Child Porn Charge…Robert Jerome Custer, 56, was arrested on a federal charge of accessing child sexual abuse material, commonly called child pornography. Custer previously worked as an educator and counselor in Palestine, Barksdale, Kingsville, and Abilene, according to a statement from the Texas Department of Public Safety.”
The German welfare state is no longer financially sustainable, Friedrich Merz said on Saturday.
The chancellor argued for a fundamental reassessment of the benefits system as spending continues to soar past last year’s record of €47bn (£40bn).
In a state-level party conference meeting on Saturday, Mr Merz said: “The welfare state as we have it today can no longer be financed with what we can economically afford.”
Once the export champion of Europe, Germany’s economy has slowed dramatically since 2017, with GDP growing by only 1.6 per cent since then versus 9.5 per cent for the rest of the eurozone.
Germany’s economy shrank by 0.2 per cent last year following a 0.3 per cent dip in 2023 – the first time since the early 2000s the economy has retreated two years in a row.
Industrial production fell under the Left-leaning “traffic light” coalition of Olaf Scholz and continues to slide under the new government, with GDP declining by 0.3 per cent in the second quarter of 2025.
Meanwhile, spending on social welfare has exploded, and is set to increase further this year as Germany’s population ages and unemployment rises. Although the majority of benefit recipients are German, large numbers are non-German citizens.
German elites will do anything to support its welfare state…except stop importing unassimilated Muslim immigrants. Just like all the rest of Europe’s elites. (Hat tip: Ed Driscoll at Instapundit.)
A decade after the radical left first started shoving tranny bathrooms down the public’s throat without debate, Texas is finally limiting bathrooms to biological sex.
“Mark Teixeira, Longtime Major League Baseball Player, Launches Texas Congressional Bid.” He’s running as a Republican for the 21st Texas Congressional District, where incumbent Chip Roy is running for Attorney General.
Having a meth habit is going to be disqualifying for a lot of jobs. Like District Attorney for Mariposa County. Thus it’s no surprise that DA Mike McAfee resigned…
Another electric bus company goes bankrupt. “Quebec-based Lion Electric, which the Biden administration awarded $159 million ‘to manufacture 435 school buses between 2022 and 2024,’ has fallen into bankruptcy.” (Previously.)
This is a weird story. “Moms Arrested for Running North Texas Choir Booster Club. Cleared of charges, moms still lost choir booster club money to the school district.”
Local authorities in Collin County, including a school district, have harassed three moms in a quest to control a school booster club and its funds, even going so far as to arrest them.
Plano Independent School District targeted the Jasper High School Choir Booster Club for control of its bank account after the mothers charged with running the independent organization insisted that the district pay for Jasper High School’s stage—as was the district’s responsibility.
The district had the Plano police arrest the booster club’s founders—Laura Cervantes, Krisinda Lingenfelter, and Maria Luisa King. Yet, after a Collin County grand jury failed to find enough evidence to prosecute these moms, a Plano municipal judge recently awarded the club’s bank funds to Plano ISD.
Also this: “Oral arguments were held on May 30 before Judge Paul McNulty, chief judge for the Municipal Court of Plano. Texas Scorecard was in attendance. Recording devices were banned from the trial and the booster club was denied its request to bring a court reporter.” Also, another judge involved in the case, Lisa Bronchetti, evidently wrote a bad check to the club but still failed to excuse herself.
Like I said, weird…
Newark Airport sucks. Objectively. One major culprit? God.
Good news for the central Texas economy: Samsung’s new Taylor fab is going to build AI chips for Telsa.
Tesla’s next-generation AI6 chip, designed to power the Full Self-Driving (FSD) system, will be manufactured at Samsung’s new, massive chip fabrication plant in Texas, strategically located near Tesla’s Model Y and Cybertruck production facilities.
They’re both on the outskirts of east Austin, though different parts of east Austin (Telsa’s plant is south, and Samsung’s new Taylor fab way north). Google maps say they’re about 27 miles apart as the crow flies, or 36 minutes apart if you take the 130 toll road.
“Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate,” Elon Musk wrote on X late Sunday night.
Musk continued, “Samsung currently makes AI4. TSMC will make AI5, which just finished design, initially in Taiwan and then Arizona.”
“Samsung agreed to allow Tesla to assist in maximizing manufacturing efficiency,” he noted, adding, “This is a critical point, as I will walk the line personally to accelerate the pace of progress. And the fab is conveniently located not far from my house.”
As to Musk “personally walking the line to accelerate the pace of progress,” presumably in a full bunny suit, I fail to see how that’s going to help anything. Most modern fabs have extremely efficient, streamlined operations that aren’t amenable to improvement via random billionaires walking their floor.
Samsung confirmed that it will produce Tesla’s AI chips as part of a $16.5 billion chipmaking deal, marking a major win for its underperforming foundry division, according to Bloomberg.
A foundry is a fab that manufactures chips for other companies rather than it’s own designs. Samsung has both fabs for its own chips and a foundry business.
The AI6 chip will be produced at Samsung’s chip plant in Taylor, Texas. The new facility was partially funded through the Biden-Harris administration’s CHIPS and Science Act and is focused on manufacturing advanced logic chips for mobile devices, 5G, high-performance computing, and AI applications.
My previous critique of the CHIPS act can be found here.
Tesla’s partner in the deal, Samsung’s Taylor Fab semiconductor location — which broke ground in 2022 and is expected to be fully operational in the City of Taylor come 2026 — aims to increase the production of semiconductor-related initiatives that’ll “power next-generation technologies” including 5G, high-performance computing, and various forms of AI.
The South Korean company, Samsung Technologies, first planted its roots in Texas in 1996, in Austin.
Tesla has multiple locations across the Lone Star State, including its primary manufacturing hub and headquarters near Austin, the “Gigafactory,” which boasts over 10 million square feet in floor space or 2,500 acres.
Snip.
Samsung Electronics announced on Monday it had signed a $16.5 billion contract with a “large global company” — revealed by Musk in the aforementioned X posts, although kept anonymous by Samsung. The contract’s tenure spans from July 24, 2025 to December 31, 2033.
Musk clarified in another X post that he believes the $16.5 billion number is “just the bare minimum,” and that the “actual output” of this collaboration between Samsung and Tesla will be “several times higher.”
There’s been a lot of (somewhat justified) concern over the dependence of American tech companies like Nvidia and Apple on Taiwan-based TSMC to fab their cutting edge sub-10nm chip designs. The problem has been foolishly phrased as “America can’t make chips anymore,” which is false, as American fabs churn out millions of chips every month. The problem is “lack of available domestic sub-10nm wafer starts,” a problem exacerbated by the fact that there are only three companies in the world that have the knowledge and resources to building cutting edge fabs, the cost of which is now pushing $20 billion.
Fortunately for Texas, Samsung is one of those three companies, and together with TSMC’s new fab in Arizona and Intel’s new fab in Ohio, a lot of those capacity constraint problems are being addressed.
In a dramatic last-minute move, Texas Gov. Greg Abbott (R) vetoed a total ban on recreational cannabis that had been backed by Lt. Gov. Dan Patrick (R), causing a rare rift between the state’s top elected officials.
Abbott signed the veto of Senate Bill 3 on Sunday just one hour before its deadline, calling for a special legislative session in mid-July to address the state’s wild-west cannabis market.
The move came one day after Abbott signed House Bill 46, which dramatically expanded the state’s medical cannabis program to include a wide range of new conditions, put dispensaries across the state and allow the sale of new products such as vaporizers.
Senate Bill 3, which passed last month after a bitterly contested fight, represented what the Houston Chronicle has called a “civil war” between medical and recreational cannabis, in which medical — until Sunday — appeared to have won.
In a Sunday statement, Patrick blasted the veto — and Abbott. “His late-night veto, on an issue supported by 105 of 108 Republicans in the legislature, strongly backed by law enforcement, many in the medical and education communities, and the families who have seen their loved ones’ lives destroyed by these very dangerous drugs, leaves them feeling abandoned,” Patrick said.
Allowing Senate Bill 3 to become law — knowing that it faces a lengthy battle that will render it dead on arrival in court — would hinder rather than help us solve the public safety issues this bill seeks to contain. The current market is dangerously under-regulated, and children are paying the price. If Senate Bill 3 is swiftly enjoined by a court, our children will be no safer than if no law was passed, and the problems will only grow.
He further states that because SB3 bans any amount of THC, it falls below the federal threshold. “It therefore criminalizes what congress expressly legalized and puts federal and state law on a collision course.” He also notes the possibility of abusive private property seizures under the bill.
“Abbott urged lawmakers to consider an approach similar to the way alcohol is regulated, recommending potential rules including barring the sale and marketing of THC products to minors, requiring testing throughout the production and manufacturing process, allowing local governments to prohibit stores selling THC products and providing law enforcement with additional funding to enforce the restrictions.”
The 89th Texas Legislature will gavel back in for a special session on July 21 — called by Gov. Greg Abbott an hour after he vetoed the hotly-debated Senate Bill (SB) 3 banning THC-derived products on Sunday night.
Abbott specified five bills that he intends for the Legislature to address besides SB 3: SB 1758 by Sen. Brian Birdwell (R-Granbury), related to the operation of cement kilns;
SB 1253 by Sen. Charles Perry (R-Lubbock), regulating certain water projects;SB 1278 by Sen. Tan Parker (R-Flower Mound), on affirmative defense in cases of human trafficking;SB 2878 by Sen. Bryan Hughes (R-Mineola), concerning the operation of the state judicial branch; and SB 648 by Sen. Royce West (D-Dallas), related to recording requirements of real property.
“At this time, the Governor has identified several bills that were vetoed or filed without signature that will be placed on the upcoming Special Session agenda for further consideration,” his press release read.
“Working with the Texas Legislature, we delivered results that will benefit Texans for generations to come,” said Abbott in a press release shortly after midnight — the 20-day deadline for the governor to take action on bills passed during the regular session.
He noted that all seven of his emergency priorities passed during the regular 89th session, which spanned from January 13 to June 2 — property tax relief, generational investment in water, raising teacher pay, expanding career pay, school choice, bail reform, and creating the Texas Cyber Command.
The clash between Abbott and Patrick is interesting, because the state’s two highest elected officials rarely feud so publicly. (Privately is a different matter; those two are not best buds, but they have an effective working relationship.)
It’s also interesting because of the clash between conservative and libertarian impulses. Neither Texans nor the legislature have ever voted for full marijuana or THC legalization. It seems that Dan Patrick and the legislature are merely instructing localities to actually enforce existing state law. But, as Abbott notes, the threshold apparently clashes with federal law.
There’s a case to be made for marijuana legalization on the ground of personal autonomy, but both de facto and de jure marijuana legalization in other states have brought along with them considerable negative externalities, from sketchy potheads in broken RVs trashing formerly respectable neighborhoods to state and national forests trashed by illegal grow operations. Oklahoma has suffered from Chinese mob control of the marijuana trade. legalization seems to have made these problems notably worse, by making law enforcement disinclined to go after any grow operations.
In other states, the “medical marijuana” loophole has been expanded so far that you can drive several weed-filled 18-wheelers through it.
The Austin-area quasi-legal “three smoke shops in a half mile stretch” status quo (which SB3 would theoretically eliminate) probably isn’t socially healthy. But it’s entirely possibly that they’re less unhealthy than current full legalization regimes in other states.
On the other hand, marijuana prohibition at the federal level should be repealed because it violates the 10th Amendment, and the idea that the federal government can prohibit what someone can grow and consume on their own land is absurd, unconstitutional, and rests on the horrible precedent of Wickard vs. Filburn.
Polls seem to show a majority of Texas voters oppose a THC ban, but want to see it more heavily regulated. Usual poll caveats apply, and transient public opinion is not the final arbiter in representative government, but I think it’s safe to say that the majority of Texans are considerably less enthused about a THC ban than Dan Patrick.
I’m not entirely sure of the best way forward. Abbott’s suggestion for alcohol-type regulation going forward is probably better (and more likely to withstand legal challenge) than Patrick’s more heavy-handed approach. Whatever law is settled on, Austin and a few other locals will almost certainly continue to under-enforce it.
Marijuana legalization has often been cited as a slippery slope to full drug legalization, and we have seen much of that in deep blue hellholes like San Francisco. But in Texas, while there does indeed appear to be a slope, it doesn’t seem particularly slippery…
This week brought not one, but gully washers to the Austin area, so now I’m fighting a war against a zillion millipedes climbing the walls to invade every nook and crevice of my home, so I’ve been spraying a lot of pesticide around windows. A Supreme Court win for Trump, lots of budget wrangles, a look at the burgeoning Democrat Party civil war, antifa finally gets investigated, and more Harvard-bashing from the Babylon Bee.
The Supreme Court on Friday sided with the Trump administration – allowing them to revoke temporary legal status granted to over 500,000 immigrants by the Biden administration.
In a 7-2 vote, the court granted an emergency application filed by DHS Secretary Kristi Noem that ends the Biden program which granted 532,000 people from Cuba, Venezuela, Haiti and Nicaragua permission to temporarily live and work in the United States.
This Part 1 report will focus on the George Soros-funded NEO Philanthropy which is funding and orchestrating a massive, nationwide illegal immigration scheme through NEO’s the Four Freedoms Fund.
In the 2024 election, NEO Philanthropy’s Four Freedom Fund sought to raise $5 million to help illegal immigrants stay in the country in the event of a victory by Donald Trump.
A Capital Research report shows NEO Philanthropy and its advocacy sibling received $21 million from the Soros Network to support “advocacy on Latinx rights and empowerment,” change policy in North Carolina, register voters and fund get-out-the-vote efforts among “historically disenfranchised voters” (read: likely Democrats), and boost the Movement for Black Lives.
The Four Freedoms Fund is a donor collaborative of NEO Philanthropy. The Fund primarily focuses on pushing left-of-center immigration policies, including “legalization of undocumented immigrants” through a path to citizenship and comprehensive immigration reform legislation. The Fund is critical of what it calls “anti-immigrant ordinances” created by conservative legislators, including deportations by U.S. Immigration Customs Enforcement (ICE).
NEO Philanthropy (formerly Public Interest Projects) is a New York-based nonprofit that serves as a fiscal clearinghouse for left-of-center causes. The group serves as a vehicle for left-of-center foundations to pool resources, hosts donor-advised funds, and sponsors various advocacy projects.
The organization is the fiscal sponsor of left-of-center entities, including the Funders Committee on Civic Participation, a voter mobilization group. Disbursing grant money remains one of NEO’s primary functions; NEO Philanthropy gave close to 60 percent of its total expenditures as grants.
Inside Philanthropy described NEO as “an intermediary that doesn’t have its own resources for grantmaking.” The group receives funding from major left-of-center donors institutions including the Atlantic Philanthropies, George Soros’s Open Society Foundations, the Ford Foundation, the MacArthur Foundation, the Gill Foundation, the Pew Trusts and the Carnegie Corporation, among others. The organization and similar left-of-center groups that engage in “nonpartisan” voter registration have received criticism for appearing to favor the registration of voters exceptionally likely to vote for Democrat candidates.
According to a 2016 report, an Obama administration appointee managed a fund that George Soros used to bankroll election-related activities likely increasing the number of “voters of color” and “improving odds” of electing preferred candidates.
Karen Narasaki, a commissioner of the U.S. Commission on Civil Rights, managed the Soros-backed NEO-linked Shelby Response Fund. Narasaki worked as a corporate attorney at Russia Collusion hoax conspirator Perkins Coie in Seattle.
Florida Governor Ron DeSantis slammed Congressional Republicans on Tuesday over their lack of action on cutting the government waste and abuse identified by the Department of Government Efficiency (DOGE).
Back in March, Congress passed the Full-Year Continuing Appropriations and Extensions Act, 2025, which maintained funding for USAID at the FY 2024 level, effectively extending existing funding for the purportedly “rogue agency” through September 30, 2025.
The “Big Beautiful Bill,” which narrowly passed in the House of Representatives last week, reportedly includes $1.5 trillion in spending cuts, including the largest-ever welfare reform.
But because it is a reconciliation bill, Senate rules limit the cuts to “mandatory” spending only, such as Medicaid and Food Stamps, White House Deputy Chief of Staff for Policy Stephen Miller explained on X. The DOGE cuts are overwhelmingly discretionary, not mandatory, so they are not addressed in the Big Beautiful Bill.
Many conservatives have expressed disappointment that Republicans have failed to codify any meaningful cuts in wasteful discretionary spending, as identified by DOGE, in separate bills. Meanwhile, the director of the National Economic Council promised last week that “way more spending cuts” are coming later this year.
In a post on X, DeSantis put the heat on Republicans to do just that, pointing out that DOGE Chief Elon Musk “took massive incoming,” which included “attacks on his companies” and “personal smears” while leading the DOGE effort. “He became public enemy #1 of legacy media around the world,” DeSantis wrote. “To see Republicans in Congress cast aside any meaningful spending reductions (and, in fact, fully fund things like USAID) is demoralizing and represents a betrayal of the voters who elected them,” the governor added.
“House Republicans plan to tee up its first Department of Government Efficiency (DOGE) cut bill next week targeting foreign aid, National Public Radio (NPR) and the Corporation for Public Broadcasting (CPB), Rep. Marjorie Taylor Greene (R-Ga.) revealed on Wednesday.” Call me thick, but I just don’t see how Republicans can beat a Democratic filibuster without reconciliation, and I don’t think they can use that for this bill.
Hispanic moderates increasingly resemble white moderates politically. They are voting their ideology and political views not their group identity. This is further illustrated by examining Hispanic moderates’ more specific political views.
1. Hispanic moderates think the Democrats have moved too far left. In a 2024 YouGov survey for The Liberal Patriot and Blueprint, three in five Hispanic moderates agreed the Democratic Party had moved too far left on economic issues and about the same felt they’d moved too far left on “cultural and social issues.”
2. Hispanic moderates are hawkish on illegal immigration. In the same survey, more of these voters thought “America needs to close its borders to outsiders and reduce all levels of immigration” than believed “people around the world have the right to claim asylum and America should welcome more immigrants into the country.” Most Hispanic moderates endorsed a combination of border security and more legal immigration.
Also in that survey, net support (support minus oppose) among Hispanic moderates for a proposal to “use existing presidential powers to stop illegal migrant crossings at the U.S.-Mexico border” was 59 points (63 percent to 4 percent). Similarly, Hispanic moderates supported by 36 points restricting “the ability of migrants who illegally cross the U.S.-Mexico border to seek asylum.” And they backed deputizing “the National Guard and local law enforcement to assist with rapidly removing gang members and criminals living illegally in the United States” by 34 points.
3. Hispanic moderates are tough on crime and supportive of law enforcement. Hispanic moderates supported by 53 points a proposal to “increase funding for police and strengthen criminal penalties for assaulting cops.” These voters even supported by 17 points a draconian proposal to “change federal law so that drug traffickers can receive the death penalty.”
4. Hispanic moderates are opposed to Democrats’ stance on transgender issues. In a 2023 YouGov survey for The Liberal Patriot, voters were offered the following three choices:
States should protect all transgender youth by providing access to puberty blockers and transition surgeries if desired, and allowing them to participate fully in all activities and sports as the gender of their choice;
States should protect the rights of transgender adults to live as they want but implement stronger regulations on puberty blockers, transition surgeries, and sports participation for transgender minors; or
States should ban all gender transition treatments for minors and stop discussion of gender ideology in all public schools.
The first position here, emphasizing availability of medical treatments for trans-identifying children (euphemistically referred to as “gender-affirming” care) and sports participation dictated by gender self-identification, is unquestionably the default position of the Democratic Party. Indeed, to dissent in any way from this position in Democratic circles is still enough to earn one the sobriquet of “hateful bigot”—or worse. Yet less than a fifth of Hispanic moderates (19 percent) endorse this position. Nearly twice as many of these voters endorse the strictest position: that medical treatments for transgender children should simply be banned, as should discussion of gender ideology in public schools. And 45 percent favor the second position, advocating stronger regulation on puberty blockers, transition surgeries, and sports participation for transgender minors. Together, the latter two positions make it four-to-one among Hispanic moderates against the Democratic position.
5. Hispanic moderates want cheap, reliable energy not a renewables revolution. Cost and reliability is what Hispanic moderates really care about when it comes to energy. Given four choices of their energy policy priorities in a 2024 YouGov climate issues survey for AEI’s Center for Technology, Science and Energy, 49 percent of these voters said the cost of the energy they use was most important to them. Another 25 percent said the availability of power when they need it was most important. Together that’s 74 percent of Hispanic moderates prioritizing the cost or reliability of energy. In contrast, just 21 percent thought the effect on climate of their energy consumption was most important. (Another 4 percent selected the effect on U.S. energy security).
Unsurprisingly given this pattern, it turns out that Hispanic moderates just don’t care very much about the climate change issue. In the survey, voters were asked to assess their priorities for the government to address in the coming year. Among 18 options, climate change ranked 14th, beating out only global trade, drug addiction, racial issues, and the problems of poor people.
In terms of general energy strategy, when presented with a choice among three options—a rapid green energy transition, an “all of the above” energy policy, and emphasizing fossil fuels—Hispanic moderates strongly prefer an “all of the above” approach to energy policy including oil, gas, renewables, and nuclear. Only a fifth support a rapid transition to renewables—actually less than support flat-out stopping the renewables push. Hispanic moderates’ preference for an “all of the above” energy strategy is reinforced by their answers to a binary question asking if they preferred using a mix of energy sources versus phasing out fossil fuels. The overwhelming judgement: 71 to 29 percent against eliminating fossil fuels.
So Democratic Party policy falls into two categories for moderate Hispanics: The ones that are low priority, and the ones they actively hate.
The Democratic Party is indeed in trouble, and once Jeffrey Blehar gets past the requisite NRO anti-Trump sneers, he correctly fingers the social justice culprits.
The Democratic Party is being pulled apart by horses: On one hand, the party is increasingly held in contempt by once reliable voter demographics (Hispanics, African Americans, working-class men) as out-of-touch elitists taking orders from the Ivy League and the progressive ultra-left. On the other hand — and just as relevantly — the party is crippled from within by that same hard-left faction, which has held the ideological whip-hand over Democrats’ social agenda for a decade now.
These people are the problem. The inflexibly ratcheting social demands of the progressive activist/academic elite are the reason Democrats are in enormous trouble and will be even after Trump is forgotten. And these people are both practically and (more importantly for Democratic politics) morally entrenched within the party at all levels except the top strategic layer. They will not concede power easily, if at all. A civil war thus brews in the Democratic Party’s intellectual/activist wing against its reform-minded moderates. (Grab your popcorn.)
I’m not sure that the entire cadre of “reform-minded moderates” with any appreciable role within the party itself could fill a high school basketball arena. Within the ranks of the DNC itself, I doubt they could fill a Denny’s. But the corrupt wing of the party has indeed come to the realization that the policies of the insane wing are so unpopular that the corrupt wing is in danger of longer being able to rake off its usual graft, hence the crisis. Too bad for them that they’ve essentially ceded the Party’s entire ideological apparatus to the insane wing, and the predominately over-60 corrupt wing has no viable way to change course or purge their own institutions.
Another obvious example beckons: The hilarious plight of David Hogg, the whippet-faced punk set to be voted out of his newly acquired vice chairmanship at the Democratic National Committee next month for being a mutinous weasel, is emblematic of how the Democratic Party is currently consuming itself in internecine war. Hogg, recall, was essentially given the gig by a bunch of older, clueless Democratic Party grandees who voted for him in the hopes he would help bring disaffected young progressives back into the fold. Instead Hogg understands himself to be working not for the Democratic Party, but rather for the progressive movement — hence his announcement that he would use his position and powers to support primary challengers to insufficiently woke Democratic incumbents.
The future looks even more grim for the Democrats for structural reasons. The 2030 census is expected to subtract a swath of House seats (and thus electoral votes) from California and New York, in favor of red states like Florida and Texas. While this bodes ill for remaining Republican incumbents in those states (who can expect to be brutally redistricted away by 2032), it bodes in many ways even worse for the remaining Democrats, who will be left fighting over the division of a shrinking pie.
Understand: A significant number of those currently angry with the Democrats are angry at them for their failure to resist Donald Trump volubly enough, not for being too far to the left. These are the people Democrats absolutely must carry reliably as part of any victorious national coalition, given their preponderance within the party electorate. They will make demands accordingly. If anything, expect the progressive wing of the Democratic Party in its biggest states to lean even more progressive in years ahead as the moderates lose internal battles for position.
There are no Democrat moderates, only Zuul. Assuming Zuul is a 400-pound, purple-haired tranny screaming about Gaza…
After five years of letting Antifa run wild in the Pacific northwest, the FBI is finally investigating.
The FBI has indicated it will investigate the attack on a Christian group and the cops who came to intervene after a Memorial Day weekend melee in Seattle.
After the attack and outrageous response by Seattle’s Mayor Bruce Harrell, FBI Deputy Director Dan Bongino issued this statement: “We have asked our team to fully investigate allegations of targeted violence against religious groups at the Seattle concert. Freedom of religion isn’t a suggestion.”
I claimed in this must-read background story, Seattle Attack Offers More Proof That Antifa Thugs Are Just Democrat Anti-Christian Shock Troops, exactly what the title says, and that these anti-Christian attacks are nothing new. Further, after watching these groups for years, I can attest that the Seattle and Portland Antifa groups intermingle and help each other out, as Andy Ngo points out above.
Hopefully the current investigation will also target their finding sources and start bringing RICO charges against the entire terrorist network. (Hat tip: Stephen Green at Instapundit.)
“[Texas] House Passes Immigration Enforcement Bill Mandating Local ICE Cooperation. Lawmakers approved legislation requiring counties with jails to enter into immigration enforcement agreements with the federal government.”
President Donald Trump signed a series of executive orders designed to fast-track the development and deployment of advanced nuclear reactors on Friday culminating a dramatic policy shift aimed at revitalizing the U.S. nuclear energy sector.
Flanked in the Oval Office by Secretary of Defense Pete Hegseth and Interior Secretary Doug Burgum, Trump declared nuclear power “a hot industry” and praised it as “very safe and environmental.”
Burgum called it “a huge day for the nuclear industry,” and added, “Mark this day on your calendar. This is going to turn the clock back on over 50 years of over regulation of an industry.”
These orders aim to strip away what the administration describes as decades of regulatory overreach that have stifled innovation and stagnated the industry. “America’s greatness has always come from innovation,” Burgum said. “We led post-World War Two in all things nuclear. But then we’ve been stagnated. We’ve choked it with over regulation.”
The first of Trump’s executive orders directs the Department of Energy (DOE) to accelerate research and development, speed up reactor testing at national labs, and initiate a two-year pilot program for reactor construction.
A second order clears regulatory hurdles for the DOE and the Department of Defense (DOD) to build reactors on federal land — efforts that will bypass the Nuclear Regulatory Commission (NRC) entirely by using the agencies’ own regulatory authority.
The Trump administration has intensified the U.S.-China trade war by suspending exports of critical American technologies to China, including jet engine parts, semiconductor design software, specialized chemicals, and industrial machinery. The move follows Beijing’s recent decision to restrict shipments of rare earth minerals to U.S. firms. In a further escalation, Washington also announced plans to begin revoking visas for Chinese students in sensitive research fields.
Snip.
Adding to the trade tensions, sources familiar with the matter told The New York Times overnight that the U.S. Commerce Department had suspended certain export licenses allowing U.S. companies to supply engine parts and technology to China’s state-owned aircraft manufacturer, Comac (Commercial Aircraft Corp of China).
Comac has stockpiled engines and parts in anticipation of potential trade restrictions. Still, over time, the move could significantly undermine China’s aviation. The company’s C919 passenger jet—its flagship jet to challenge rival Boeing and Airbus—relies heavily on GE Aerospace–Safran’s LEAP engines.
Keep in mind that certain semiconductor parts had already been embargoed under Biden. A complete embargo of semiconductor parts is going to screw China’s semiconductor industry, as some of those parts simply can’t be sourced locally, to say nothing of losing access to trained maintenance techs, software upgrades, etc.
Ukraine claimed credit for two explosions in Vladivostok, which is on Russia’s Pacific coast and is a whopping 6,800km from Ukraine.
Saudi Arab wants you to know that he stands with Israel because Palestinians suck:
An Arab man from Saudi Arabia in a message to Palestinians:
"Who are you trying to fool? You have no land and no case. This land belongs to Israel for the people of Israel. You Palestinians are evil in any country you set foot on!"
California starts backing away from letting boys compete in girls events. Timidly and halfheartedly, to be sure, but something vaguely resembling progress. Gavin Newsom’s secret 2028 presidential race polling must show that tranny pandering is killing him in any general matchup…
A bill to make Daylight Savings Time permanent has passed both the Texas house and senate and heads to Governor Greg Abbott’s desk to be signed, but can’t take effect until federal law changes to accommodate it.
MSNBC’s new prime time lineup, which debuted on May 5th, failed to connect with viewers in its first three weeks as the network saw its audience decline to near record lows – especially in the key 25-54 age demographic.
Overall for May, MSNBC dropped 41% in the primetime demo and 34% in the total day demo compared to May of 2024. In total viewers, the network was down 33% across total day and 24% in prime time. MSNBC’s total day demo viewership sank to 49,000 average viewers and 73,000 in prime time – its second worst ever showing for a month behind January of 2025.
Fox News was the only of the big three networks to see year-over-year gains for May, up 21% in total viewers and 22% in total day demo viewers compared to 2024. In prime time, Fox gained 23% in total viewers and was up 32% in the demo.
CNN was down 24% in total day viewers and 27% in the daytime demo, while in prime time the network dropped 18% in total viewers and 21% in the demo. CNN’s prime time average came in at only 426,000 total viewers, compared to Fox News’s 2.5 million viewers and MSNBC’s average of 877,000 viewers.
Why would you even bother to advertise on MSNBC? 79,000 is less people than fill a big college football stadium on a Saturday…
Speaking of CNN, the red-pilling of Jake Tapper continues apace. His son is a gamer and high school football player who wants to be a policeman, so naturally lefty sorts immediately assumed he was a racist.
And despite his book tour, Tapper’s ratings are down as well. Why, it’s like viewers believe Tapper will continue to lie to protect Democrats in the future…
100% of studio headed by woman who won’t hire white people laid off.
The city of Austin wants to spend $5.8 million on art about hybrid plant women for an airport expansion.
The Austin City Council is set to vote again on art for the airport expansion. After postponing the vote because of outrage for using out of town artist. Well they're back at it. 🧵 1/5 Item 1 the biggest chunk: Saya Woolfalk not to exceed $5.8 million is out of NYC pic.twitter.com/SiApWQVc4P
In 2018, Liangbing Hu, a materials scientist at the University of Maryland, devised a way to turn ordinary wood into a material stronger than steel. It seemed like yet another headline-grabbing discovery that wouldn’t make it out of the lab.
“All these people came to him,” said Alex Lau, CEO of InventWood, “He’s like, OK, this is amazing, but I’m a university professor. I don’t know quite what to do about it.”
Rather than give up, Hu spent the next few years refining the technology, reducing the time it took to make the material from more than a week to a few hours. Soon, it was ready to commercialize, and he licensed the technology to InventWood.
Now, the startup’s first batches of Superwood will be produced starting this summer.
“Right now, coming out of this first-of-a-kind commercial plant — so it’s a smaller plant — we’re focused on skin applications,” Lau said. “Eventually we want to get to the bones of the building. Ninety percent of the carbon impact from buildings is concrete and steel in the construction of the building.”
To build the factory, InventWood has raised $15 million in the first close of a Series A round. The round was led by the Grantham Foundation with participation from Baruch Future Ventures, Builders Vision, and Muus Climate Partners, the company exclusively told TechCrunch.
InventWood’s Superwood product starts with regular timber, which is mostly composed of two compounds, cellulose and lignin. The goal is to strengthen the cellulose already present in the wood. “The cellulose nanocrystal is actually stronger than a carbon fiber,” Lau said.
The company treats it with “food industry” chemicals to modify the molecular structure of the wood, he said, and then compresses the result to increase the hydrogen bonds between cellulose molecules.
“We might densify the material by 4x and you might think, ‘Oh, it’ll be four times strong, because it has four times the fiber.’ But it’s actually more like 10 times stronger because of all these extra bonds that get created,” Lau said.
The result is a material that has 50% more tensile strength than steel with a strength-to-weight ratio that’s 10 times better.
Some grains of salt are probably in order here, as this sounds just a little too good to be true, and there are always concerns about material longevity. But materials science is constantly advancing, so maybe this actually will pan out.
“Elon Musk Leaves Job Of Making Government More Efficient For Much Easier Job Of Sending Humans To Mars.”
Just like they did back in 2023, Ukraine has hit a Russian semiconductor fab with drones:
The fab they hit is the Bolkhov Semiconductor factory in Bolkhov, Oryol oblast.
According to this source (grains of salt in order):
The main areas of activity include the production of semiconductor devices, microelectronics, power electronics, diodes and diode assemblies, chips for switching power supplies, optoelectronic switches, and servo drives.
The company supplies products to at least 19 companies in the Russian military-industrial complex, including Sukhoi aircraft, Iskander and Kinzhal missiles.
Despite the fact that the plant is under international sanctions, it produces almost 3 million devices annually and employs about 700 people.
Ten units of UAVs have been confirmed to have reached the target area.
From the video, it’s hard to tell exactly what equipment was hit. Some sort of process machine on the left, and what look like individual microscope wafer inspection stations to the right. With ten drones I’m sure a lot more than what we see in this little snippet was hit.
Irrespective of whatever actually process equipment was damaged or destroyed, this fab is clearly toast. Even if they decided to rebuild (doubtful), it will be months and months to clean things up, repair the walls, floors, etc. And then you need to decontaminate everything and requal the machines, which is a huge pain in the ass.
I’m assuming all the machines in there were very old tech. For one thing, they don’t even build fabs with windows these days, since the temperature controls are so exacting. It’s not beyond the realm of possibility that replacements could be found for some of the process equipment, but if the hit something like a stepper or ion implanter, replacements for those are going to be extremely hard to come by under sanctions. I imagine that various international organizations are watching even used equipment sales. Maybe China has replacements, and maybe they don’t.
Even for trailing edge fabs, semiconductor manufacturing is an exacting process with tight tolerances. Every time Ukraine successfully attacks a Russian fab, it puts a big hole in Russia’s weapons pipeline that’s time-consuming and difficult to fix.
Democrats still want to trans your kids, censorship shellgames squashed, Google is declared a monopoly, socialists behave badly, more illegal alien depravity, some 2026 contenders jump in, pie-in-the-sky plans for high speed rail in Texas bite the dust, more Cybertruck drag-racing, and a Very Good Boy indeed.
It’s the Friday LinkSwarm!
Yes, Democrats are still all in on transing your kids. “Dad shares horrifying story of his daughter being groomed and transitioned behind his back at school.”
Just yesterday, a dad named Dustin Gonzales in the Jeffco Public School District of Colorado spoke at a school board meeting and shared a heartbreaking story that’s now all too familiar: his daughter was groomed by teachers and gender-transitioned behind his back.
Dad claims his daughter changed her gender identity secretly with a school therapist, who kept him in the dark about it.
The school didn’t ask me or inform me, they replaced me. By the time I found out, I was already labeled ‘the problem.’ My objections weren’t treated as concerns, they were treated as opposition. my voice was dismissed as ‘hateful,’ my presence undermined.
The father claims the school then got the therapist and an investigator involved, to separate the girl from her dad.
I’m here to make sure what happened to me, to my family, never happens to another parent in this district.
The father is now at risk of losing his daughter as a result of a new Colorado bill that would take kids away from parents who aren’t “affirming.”
Secretary of State Marco Rubio has just killed the Biden administration’s last-ditch effort to shelter the government’s Ministry of Truth, the Global Engagement Center (GEC).
In a new op-ed published by The Federalist (a target of the GEC along with yours truly), Rubio writes;
GEC was supposed to be dead already. But, as many have learned the hard way, in Washington, D.C., few things ever truly die. When Republicans in Congress sunset GEC’s funding at the end of last year, the Biden State Department simply slapped on a new name. The GEC became the Counter Foreign Information Manipulation and Interference (R-FIMI) office, with the same roster of employees. With this new name, they hoped to survive the transition to the new administration.
Today, we are putting that to an end. Whatever name it goes by, GEC is dead. It will not return.
Alphabet’s Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its ad products.
U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found Google liable for “willfully acquiring and maintaining monopoly power” in markets for publisher ad servers and the market for ad exchanges which sit between buyers and sellers.
The decision clears the way for another hearing to determine what Google must do to restore competition in those markets, such as sell off parts of its business at another trial that has yet to be scheduled. It is the second court ruling that Google holds an illegal monopoly, following a similar judgment in a case over online search.
Publisher ad servers are platforms used by websites to store and manage their digital ad inventory. Along with ad exchanges, the technology lets news publishers and other online content providers make money by selling ads. Those funds are the “lifeblood” of the internet, Brinkema wrote.
“In addition to depriving rivals of the ability to compete, this exclusionary conduct substantially harmed Google’s publisher customers, the competitive process, and, ultimately, consumers of information on the open web,” Brinkema wrote.
However, antitrust enforcers failed to prove a separate claim that the company had a monopoly in advertiser ad networks, she wrote.
U.S. Attorney General Pamela Bondi called the ruling “a landmark victory in the ongoing fight to stop Google from monopolizing the digital public square.”
“A 13-year-old boy in California was allegedly sexually abused and murdered by his soccer coach and, as it turns out, the soccer coach was an illegal alien. Immigration and Customs Enforcement (ICE) has lodged a detainer with the Los Angeles County jail for Mario Edgardo Garcia-Aquino, a 43-year-old Salvadoran citizen living unlawfully in the United States, the agency confirmed Wednesday to the Daily Caller News Foundation. Garcia-Aquino is accused of killing 13-year-old Oscar ‘Omar’ Hernandez, a San Fernando Valley, California, resident found dead earlier in April.”
Evidently the cartels have expensive taste. “A federal grand jury has charged two men who allegedly tried to smuggle five high-caliber sniper rifles to Mexico last month, and prosecutors are seeking the forfeiture of the firearms, five .50-caliber Barrett long guns and four magazines for .50-caliber bullets. Wednesday’s charges of unlawful smuggling of goods from the United States stem from the March 12 arrest of Oscar Sanchez Gonzalez and Arturo Martinez Aguilar as they allegedly attempted to drive to Mexico over the Calexico West port of entry.” (Hat tip: Dwight.)
Smith says people asking him to run is an indictment of the Democratic Party.
“I have no choice, because I’ve had elected officials, and I’m not going to give their names, elected officials coming up to me. I’ve had folks who are pundits come up to me. I’ve had folks that got a lot of money, billionaires and others that have talked to me about exploratory committees and things of that nature. I’m not a politician. I’ve never had a desire to be a politician,” Smith told ABC News’ “This Week” co-anchor Jonathan Karl.
Smith reiterated that because of the number of people asking him to consider a run, he has to leave the door open.
Smith usually strikes me as a moderately annoying “hot take” artist, but he has been condemning the Democrat Party about their lurch to the right on several issues, and has discussed that with the likes of Dave Rubin. Smith has no business running for President, but would be immediately be a more sane alternative than anyone else named as a Democratic front-runner.
When police raided a factory in Georgia, they found dozens of Chinese nationals being kept in near slave-like conditions, and authorities say they were pressed into service by a forced labor trafficking ring.
Last month, agents from several agencies raided Wellmade Industries in Cartersville, Georgia, 40 miles north of Atlanta, and what they found shocked them, according to the Atlanta Journal-Constitution.
Federal officials said that around 60 Chinese nationals were being held in tiny rooms and forced to work long hours in the flooring manufacturing plant. The exploited workers at Wellmade are just a few of the many exploited workers the Trump administration has rooted out.
ICE Homeland Security Investigations Atlanta Special Agent in Charge Steven N. Schrank said the conditions these workers were living in was “horrific,” and noted that he and his fellow agents were investigating eight other locations for similar offenses.
Three Wellmade Industries officers were arrested, including company owner, Zhu Chen, his nephew, Jiayi Chen, and company associate Jian Jun Lu.
At the bond hearings for the suspects, assistant district attorney Austin Waldo claimed that officials of the company immediately confiscated the workers’ travel and ID documents as soon as they arrived at the plant to make it harder for them to leave.
Well, this would have made my Nvidia roundup had it dropped a day earlier, and not in a good way. “Nvidia CEO Jensen Huang boarded a private jet to Beijing shortly after the U.S. Commerce Department announced new export licensing requirements for the company’s H20 AI chips for the Chinese market. Once there, Huang met with the head of a Chinese state-backed trade body, where he reaffirmed Nvidia’s commitment to the Chinese market despite a deepening trade war.”
Baltimore student: “Hey, doesn’t Maryland law require a United States flag in every classroom?” Baltimore County Board of Education: “Hey, you’re suspended and we’re calling the cops on you.”
The East Plano Islamic Center’s planned development faces continued scrutiny from Texas officials.
U.S. Sen. John Cornyn is calling on the U.S. Department of Justice to investigate EPIC for potential religious discrimination.
In a letter to U.S. Attorney General Pam Bondi and Assistant U.S. Attorney General Harmeet Dhillon, Cornyn expressed concern that a “master-planned ‘community of thousands of Muslims’” could violate the Fair Housing Act of 1968 by discriminating against Christians, Jews, and other non-muslim minorities.
“Religious discrimination, whether explicit or implicit, is unconstitutional under the First and Fourteenth Amendments,” wrote Cornyn. “Religious freedom is a cornerstone of our nation’s values, and I am concerned this community potentially undermines this vital protection.”
Sanity in the UK: “U.K. Supreme Court Rules Males Don’t Qualify as Women Under Anti-Discrimination Law, in Landmark Ruling.”
The United Kingdom’s supreme court ruled Wednesday that males who identify as women do not fall qualify as women under anti-discrimination law, a monumental decision that will have major consequences for British law.
The high court defined “woman” based on sex rather than gender identity, keeping it within the bounds of scientific reality rather than giving into the demands of left-wing activists. The ruling specifically addressed the question of whether transgender-identifying males who obtain a gender recognition certificate — a legal document acknowledging them as women — enjoy the same protections extended to females under Britain’s 2010 Equality Act, an anti-discrimination law that covers nine protected characteristics and applies to various sectors of British life.
“The unanimous decision of this court is that the terms ‘woman’ and ‘sex’ in the Equality Act 2010 refer to biological women and biological sex,” said Lord Patrick Hodge, deputy president of the United Kingdom’s Supreme Court, in announcing the ruling.
Bad news: A house exploded two miles from me. I actually heard it, and thought that one of my dogs had run into a wall or something. Worse news: The house belonged to Sara Felix, who I know from the Austin science fiction community, and her husband was in the house at the time. The silver linings are that he’s now out of surgery, though badly burned, and that the family hadn’t actually moved into the house, and were still living in their old house in the same general area.
When your band name stops being ironic: “New Pornographers Drummer Joe Seiders Arrested for Possession of Child Porn.” I have a few of their albums I bought 15 years ago. I considered embedding “Breakin’ the Law” for ironic effect, but it’s a lousy song. (Hat tip: Ed Driscoll at Instapundit.)
A foster mom in Missouri is facing multiple charges of abuse and is accused of trading a teenage girl she was guardian of for a pet monkey, authorities said.
Brenda Ruth Deutsch, 70, of Lincoln County, was charged with two counts of abuse or neglect of a child and one count of endangering the welfare of a child, according to Lincoln County Prosecutor Mike Wood. She was taken into custody last weekend.
Deutsch has fostered more than 200 children for about 15 to 20 years, Wood told NBC News.
While it’s tempting to chalk this up to more “annals in human depravity,” given the age of the alleged perp, I have to wonder if some mental illness/senility/Alzheimers was involved.
Anderson Ronaldo Reyes Giron — a member of the “Most Wanted” list — was taken into custody on April 2 by the Texas Department of Public Safety (DPS) and the Texas Highway Patrol for charges related to deadly conduct from shooting a firearm in Travis County, as well as theft of property in Williamson County. He’s originally from Honduras, from which he came illegally, and was arrested by the Austin Police Department in August 2024 for the afore-listed charges before being let out on bail.
Thanks again, Austin.
“Governor Greg Abbott, the Texas Department of Public Safety (DPS), and the Texas National Guard continue to work together with the Trump Administration to secure the border; stop the smuggling of drugs, weapons, and people into Texas; and prevent, detect, and interdict transnational criminal activity between ports of entry,” a press release from Abbott’s office stated upon announcement of Giron’s arrest.
Giron has been wanted since February 2025 when Travis County issued a warrant for his arrest following the firearm violation, and then when Williamson County similarly filed a warrant after his theft incident.
Former Texas Congresswoman Mayra Flores has officially thrown her hat into the ring to challenge the indicted Congressman Henry Cuellar (R-TX-28) and his 20-year-plus tenure representing Texas’ 28th Congressional District in Washington, D.C.
“I am deeply honored to announce my candidacy for Congress—a chance to serve the people and uphold the values that make our nation great,” Flores posted on X upon announcement of her challenge to Cuellar’s seat.
The first female Mexican-born former congresswoman, Flores comes to the drawing board with experience in Texas elections — first scoring a seat in a special election to represent the Lone Star State on the federal stage after Democratic Congressman Filemon Vela resigned in 2022, allowing her to flip the historically Democratic 34th Congressional District. Flores flipped parties from Democratic to Republican in the early 2000s, primarily citing pro-life motivations.
She also ran against Rep. Vicente Gonzalez twice (D-TX-34), losing first in the 2022 general election and second in 2024, although she notched her numbers up significantly the second time around — losing the election by a 2 percent margin.
Cuellar maintained his seat during the 2024 general election against Republican candidate Jay Furman with nearly 52 percent of the vote — a race rumored as potentially dangerous for Cuellar due to his indictment by the U.S. Department of Justice (DOJ) that year after an FBI investigation in 2022 for alleged bribery and money laundering in coordination with his wife, Imelda Cuellar, and the country of Azerbaijan.
TX-28 favors Democrats with a rating of D-51% per The Texan’s Texas Partisan Index, although President Donald Trump made history in the district during the November election — winning Webb County’s presidential vote, the first Republican president to claim victory there in a century.
Until Flores’ announcement, the only other notable contender for Cuellar’s seat was Webb County Judge Tano Tijerina, who flipped parties in December 2024.
For more on Cueller’s indictment, see here and here.
“With Attorney General Ken Paxton officially running for U.S. Senate against Sen. John Cornyn, the race to replace him is heating up. After former U.S. Attorney John Bash became the first to enter the race, State Sen. Mayes Middleton has now launched his own campaign for Texas attorney general, pitching himself as a conservative fighter ready to take the reins.” I regularly get press releases from Middleton’s office, and he seems a pretty solid conservative.
The U.S. Department of Transportation officially terminated a $63.9 million federal grant intended for the planning and development of a high-speed rail line between Dallas and Houston.
Transportation Secretary Sean Duffy said the move will save taxpayers millions while allowing Amtrak to focus on improving existing operations.
Personally, I’d kill Amtrack and hand the assets to the states to subsidize if they felt like.
Originally pitched as a private venture, the Texas Central Railway project aimed to connect two of Texas’ largest cities with a 205-mph bullet train, promising a 90-minute travel time.
The project has faced strong opposition from landowners and lawmakers since it was proposed in 2009.
As cost estimates soared from $12 billion to over $40 billion, the project became increasingly reliant on federal funding.
Duffy was blunt in his assessment: “Underwriting this project is a waste of taxpayer funds and a distraction from Amtrak’s core mission of improving its existing subpar services.”
“If the private sector believes this project is feasible, they should carry the pre-construction work forward, rather than relying on Amtrak and the American taxpayer to bail them out,” Duffy added.
State Sen. Charles Schwertner (R-Georgetown) posted on X, “Thank you to President Trump and Secretary Duffy for standing up for taxpayers and terminating the $63.9 million grant to Amtrak for the proposed high-speed rail project between Houston and Dallas.”
Even the $10 billion version was a boondoggle that wouldn’t have made money and required taxpayer subsidies to stay afloat, and more likely never would have been completed anyway. High speed passenger rail works in Japan because they already had high urban density and an existing rail system and culture to support it. Texas has none of those things, and even if it was built it would never be profitable here (or just about anywhere else).
And just to drive the point home: The highest density high speed rail in Japan seats 1,634 passengers. Assume passengers pay $100 a ticket each way, the train is entirely full, and the Texas high speed rail train runs six times a day (all optimistic and unlikely assumptions), 365 days a year, and you get $357,846,000 a year in gross revenue, which means, even without the including the cost to run the train, it would take just under 112 years to make back the initial investment.
Despite his new position as a vice chair of the DNC, gun control weasel David Hogg wants to primary old Democrats. In this particular task I wish the little weasel the best of luck.
This is your mayor on social justice. “The mayor of South Fulton faces an eviction action at an Atlanta apartment complex, Fulton County court documents show, adding another development to what’s been a turbulent year so far for the city leader. Mayor Khalid Kamau, who has gone recently by Mayor Kobi, has had eviction proceedings initiated against him in Fulton County Magistrate Court by an apartment complex at 6200 Bakers Ferry Rd. Court documents show the complex filed to initiate eviction after alleging Kamau failed to pay rent in March.”
Snip.
Documents show the amount of past due rent was listed at $1,663.77. A late fee of $100, utilities of $39.77 and “other fees” amounting to $175 are also being sought.
Kamau has been at odds in recent weeks and under scrutiny from the South Fulton City Council over his spending and alleged “abuse” of the position.
He in turn has defended himself from what he has termed the City Council’s “overreach” after his access to city buildings was revoked and his budget frozen in February, and said he has faced resistance from the council throughout his tenure.
The move by the city council came after reports on the mayor’s trips — which spanned four continents in four months — as well as updates at City Hall that included a film studio and refurbished conference/pool table room. The City Council voted to redistribute several pieces of new electronic equipment to the city IT department and send back the film studio.
I know you’ll be shocked, shocked to learn that Kamau is a Democratic Socialist…
Your feel-good dog story of the week: A dog named Buford kept a two-year old boy safe after the latter wandered seven miles from his home. Another article states that Buford is an Anatolian Pyrenees.
I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.
On Monday, Nvidia announced that it has started producing its Blackwell AI GPUs at TSMC’s plant in Phoenix, Arizona, while companies within the state package and test them.
TSMC, or Taiwan Semiconductor Manufacturing Co., is the world’s biggest chipmaker and announced a $100 billion investment in US chipmaking last month. It began producing chips using the 4nm process at its Arizona factory in January and has plans to make chips with the more efficient 2nm technology by the end of the decade.
Nvidia doesn’t say which Blackwell chips it has started producing at TSMC’s plant and whether it includes the latest Blackwell Ultra GB300 chip it revealed earlier this year. Blackwell chips use TSMC’s custom 4NP process, according to Nvidia’s website.
The world’s leading manufacturer of graphics processing units (GPU) and advanced chips has announced it will build new plants in Texas, amid global economic shake-ups.
Note: Plants, not fabs.
NVIDIA has announced partnerships with Foxconn and Wistron to build “supercomputer manufacturing plants” in both Dallas and Houston. These global companies are “expanding their global footprint” and their international presence for the purposes of “hardening supply chain resilience” in their partnership with NVIDIA.
“Manufacturing NVIDIA AI chips and supercomputers for American AI factories is expected to create hundreds of thousands of jobs and drive trillions of dollars in economic security over the coming decades,” the announcement states.
The mass production of chips at these plants is expected to begin in the next 12 to 15 months. The $500 billion investment in AI infrastructure within the U.S. does not make mention of direct government subsidies or public financial incentives related to NVIDIA’s recent announcement.
I’m quoting that summary because it demonstrates that it’s easy to misunderstand things about the industry if you aren’t familiar with it. The way it’s worded make you think the “plants” are the Texas facilities they’re going to be building in 12-15 months, but the actual Nvidia press release makes clear than TSMC is doing the fabbing:
NVIDIA is working with its manufacturing partners to design and build factories that, for the first time, will produce NVIDIA AI supercomputers entirely in the U.S.
Together with leading manufacturing partners, the company has commissioned more than a million square feet of manufacturing space to build and test NVIDIA Blackwell chips in Arizona and AI supercomputers in Texas.
Note the more precise wording.
NVIDIA Blackwell chips have started production at TSMC’s chip plants in Phoenix, Arizona. NVIDIA is building supercomputer manufacturing plants in Texas, with Foxconn in Houston and with Wistron in Dallas. Mass production at both plants is expected to ramp up in the next 12-15 months.
The AI chip and supercomputer supply chain is complex and demands the most advanced manufacturing, packaging, assembly and test technologies. NVIDIA is partnering with Amkor and SPIL for packaging and testing operations in Arizona.
Within the next four years, NVIDIA plans to produce up to half a trillion dollars of AI infrastructure in the United States through partnerships with TSMC, Foxconn, Wistron, Amkor and SPIL. These world-leading companies are deepening their partnership with NVIDIA, growing their businesses while expanding their global footprint and hardening supply chain resilience.
Now, if that half trillion does get spent (no guarantee, since press releases aren’t legally binding; try to contain your shock), that would certainly buy a lot of cutting edge fabs. Nvidia is one of the few companies that has the financial resources to build their own cutting edge fabs (Apple is another), but I get the impression that they’re going to partner with TSMC. In fact, I wouldn’t be surprised if they follow the Apple model, where they tell a company “Here’s X amount of money, go build a fab. You’ll give us the first 24 months of production at x-cost per chip, and after that the fab is yours free and clear.” This is one of the tools Apple used to become the dominate tech buyer, and what some call a monopsony.
As far as building their own supercomputers, that’s great for Texas and not so great for Hewett Packard Enterprise, which finished their acquisition of Cray in 2021.
The Trump administration has effectively barred Nvidia (NVDA) from selling its custom artificial intelligence processors to customers in China. The move will force the AI chip leader to write off up to $5.5 billion in inventory and purchase commitments in its fiscal first quarter. Nvidia stock fell Wednesday.
Late Tuesday, Nvidia disclosed in a regulatory filing that the U.S. government is now requiring it to get an export license to sell its H20 processor in China and other restricted countries. Nvidia said it was informed of the move on April 9, the same day NPR erroneously reported that the White House would not seek further restrictions on the chips Nvidia can sell in China.
Your tax dollars at work.
Nvidia said the U.S. government told it on Monday that the license requirement will be in effect for the indefinite future.
Wall Street analysts say Nvidia’s write-off indicates that the company believes it won’t be granted licenses to sell H20 processors in China.
The H20 was designed for the Chinese market to comply with Biden-era restrictions on selling advanced processors there. The H20 is less capable than the Blackwell series chips Nvidia sells in the U.S. and other markets.
“With Nvidia writing off associated H20 inventory, it appears the company is taking the position that it will not be granted licenses to ship product to Chinese customers (with no other geography likely to take the governed silicon given the availability of more powerful standard Hopper or Blackwell SKUs),” Wedbush analyst Matt Bryson said in a client note Wednesday. SKU stands for “stock keeping unit,” a unique identifier for products used in inventory management.
China represents a little over 10% of Nvidia’s revenue.
The Trump Administrations believes (probably correctly) that AI is a key strategic industry and that we don’t need to give China any help there.
A half trillion dollars is a lot of cheddar, even for the (as of today) company with the third largest market cap in the world…
