At one point, it was estimated that the losses accumulated by GameStop short-sellers approached $5 billion. Melvin Capital, the now-notorious hedge fund with the huge GameStop short position, eventually required an infusion of $2.75 billion in cash from an even larger hedge fund to cover its possession and remain solvent.
And that’s when the Wall Street empire struck back. Suddenly, the federal Securities and Exchange Commission, or SEC, which purports to be a Wall Street regulator but instead operates as little more than a Wall and Broad soothsayer to a public skeptical of Wall Street’s power, weighed in and intimated that it might investigate or even shut down the trading of GameStop stock to prevent the price from getting even higher.
Then the Wall Street-backed trading apps and the Wall Street brokerages joined in, announcing they would no longer allow their users and retail investors to buy GameStop stock. The result? When you can no longer buy a stock, its price can only go in one direction: down.
The whole saga has spawned a mini-industry of commentary on trading, markets, Wall Street, hedge funds, regulation, efficient markets theory, and who knows what else. Hedge funds are bad! No, hedge funds are good! Markets are efficient vehicles for asset price discovery! No, we need strict regulation to prevent mob-incited runs on banks!
They all miss the point. What’s happening right now has nothing to do with hedge funds or free markets or pricing theory or any of that. What’s happening right now is another front in the major war taking place in institutions and countries across the world: It’s the elite versus the populists.
Wall Street has a long, storied history of viciously crushing short-sellers. It’s something of a local pastime. Just ask David Einhorn, who wrote an entire book on the industry’s efforts to destroy him for the crime of shorting the stock of a bank that was covering up the fact that a huge chunk of its loans were garbage and would never be paid back. The GameStop saga isn’t about the benefits, or evils, of short-sellers.
The real story is how “retail investors” — the industry term for regular people who day trade now and then or have a small brokerage account for retirement or to buy stocks every now and again for fun — figured out how to take down a financial leviathan. It’s not that Wall Street dislikes retail investors, it’s that Wall Street views them as little more than commission factories for the big brokerage houses.
Those rubes don’t know anything. They’re not sophisticated. They don’t have the credentials or pedigrees of the geniuses who simultaneously destroyed the housing market and economy in 2008. And they certainly don’t have the power to move markets.
It’s Wall Street’s job to move markets. It’s Wall Street’s job to tell people which stocks and bonds to buy, which conveniently just happen to be the same assets that the mega-banks are desperate to get off their balance sheets.
A bunch of trash, mortgage-backed securities based on mortgages that will clearly never get paid back? Just put them all in the same garbage bag, claim they couldn’t all possibly start to rot at once, and then demand that the ratings agencies whose salaries you pay stamp them not as trash, but as pure gold. Then, when magically all those bags of garbage start to stink to high heaven, why, then it’s time to demand that the federal government — funded by those retail investor rubes who will probably lose their jobs and homes and savings because of those bags of Wall Street’s garbage — bail every last one of them out.
See, retail investors don’t move markets. Until they do. Which, in the case of the Redditors bidding up GameStop stock, they did. And that cannot be tolerated. The whole GameStop saga isn’t about finance or politics. It’s David vs. Goliath, the have-nots vs. the haves, the underdog vs. the heavy favorite with the best talent and training and equipment money can buy. It is a perfect microcosm of the war between the populists and the elites, the individuals vs. the institutions, the people vs. the powerful.
A bunch of internet randos found a way to take financial advantage of a company that had backed itself into a corner. They banded together, executed the strategy, and made bank. They used the exact same rules and systems that Wall Street has used for decades to screw individual investors out of their money.
That was the Redditors’ real crime. Because that’s not allowed. You are not allowed to use the same set of rules for your own advantage.
The rules here are simple: Heads Wall Street wins, tails you lose. The institutions set the rules, not you. The elite, not the populace, will determine what is allowed and what isn’t.
Former President Donald Trump is not interested in forming a third party and pledges to remain involved in Republican politics. Suck it, Lincoln Project. (And by “it” I mean “your complete irrelevance” and not “the genitalia of teenage boys”…)
The great theme of the Trump years, the one historians will note a century from now, was the failure of America’s expert class. The people who were supposed to know what they were talking about, didn’t.
The failure began with the country’s top consultants and pollsters. Candidate Trump did almost everything lavishly paid political consultants would have told him, and did tell him, not to do — and he won. The most respected pollsters, meanwhile, predicted a landslide for Hillary Clinton. America’s best and brightest political adepts turned out to know very little about the elections they claim to understand.
Also during the 2016 campaign, an assemblage of top-tier academics, intellectuals and journalists warned that Mr. Trump’s candidacy signified a fascist threat. Timothy Snyder, a historian of Nazism at Yale, was among the most strident of these prophets. “Be calm when the unthinkable arrives,” he warned in a Facebook post shortly after the election. “When the terrorist attack comes, remember that all authorities at all times either await or plan such events in order to consolidate power. Think of the Reichstag fire.” Many experts stuck with the fascism theme after Mr. Trump’s election and throughout his presidency. That these cultured authorities couldn’t tell the difference between a populist protest against elite contempt and a coup carried out by powerful ideologues will go down as one of the great fiascoes of American intellectual history.
The fascism charge was only the most acute form of the claim that Mr. Trump was carrying out an “assault on democracy.” Some semantic clarification is in order here. When intellectuals and journalists of the left use the word “democracy,” they typically are not referring to elections and decision-making by popularly elected officials. For the left, “democracy” is another word for progressive policy aims, especially the widening of special political rights and welfare-state provisions to new constituencies. By that definition any Republican president is carrying out an “assault on democracy.”
Mr. Trump assaulted democracy in the ordinary sense of the word, but he did so only after the 2020 election. That effort was discreditable and disruptive, but it was also delusional and ineffective. It was not the assault the president’s expert-class critics had foreseen.
Perhaps those critics failed to understand Mr. Trump’s assault on democracy because they had carried out a similar sort of assault in 2016-18, with the support of the federal bureaucracy and the nation’s political and cultural elite. I’m referring to the Russia scare: the belief that Mr. Trump won only because his campaign “colluded” with agents of Moscow, and that his election in 2016 was therefore illegitimate. The theory made sense only if you couldn’t grasp the obvious reasons for Mr. Trump’s victory, namely that Hillary Clinton was a terrible candidate and that Obama-era progressivism had become sufficiently unpopular in the Midwest to throw the election to the nationalist candidate. Somehow it was easier for smart and accomplished people to believe that a TV celebrity and political neophyte with attention-deficit issues had entered into a diabolically ingenious pact with a foreign dictator in which the dictator helped him pick up just enough votes in the states he needed to win.
It took a 22-month investigation by a special counsel to establish an absence of evidence that Mr. Trump’s campaign had conspired with the Russians. America’s best minds and most influential leaders had spent more than two years obsessing over an idiotic conspiracy theory.
This spectacular failure of the expert class would have been impossible without the willing support of a credulous news media. That Mr. Trump won the presidency largely by denouncing the media should have suggested to leading journalists and media executives that something in their industry had gone badly wrong. Instead most of them took his rise as license to indulge their worst instincts.
Reporters treated every turn of events as evidence of Mr. Trump’s unique evil. They regarded every preposterous accusation put forward by his political foes as reasonable and likely true. The repeal of “net neutrality,” an Obama-era regulation on internet service providers, heralded the end of the open internet (it didn’t). The administration built “cages” in which to cram children of illegal border crossers (it didn’t). The president praised neo-Nazis as “very fine people” (he didn’t). His postmaster general was removing mailboxes to steal the election (an obvious lie). In retrospect, it was hardly surprising that so many Americans believed Mr. Trump’s fictitious claims about the election. Reports of his defeat, accurate though they were, meant little coming from news organizations that cared so much about discrediting him and so little about factual truth.
America’s foreign-policy elite didn’t perform appreciably better. For decades, they had insisted that peace between Israel and the Arab world was impossible without a long-term solution to the Israel-Palestinian problem. It was an axiom, no longer up for debate. Mr. Trump followed through on a promise long made but not kept by the U.S. government to recognize Jerusalem as the capital of Israel. Foreign-policy experts the world over predicted hellish payback from the Arab world, but the recognition went forward, the U.S. Embassy moved, and the payback consisted of a day’s worth of inconsequential protests.
Meanwhile the administration pressed ahead with a diplomatic push to strike commercial and diplomatic deals between Israel and Arab states. The United Arab Emirates, Bahrain, Sudan and Morocco announced they would establish formal relations with Israel, and Saudi Arabia may do the same. The foreign-policy clerisy, having been wrong about the central question of global diplomacy for the past four decades, predictably ignored these achievements.
In the few short days following the collapse of President Donald Trump’s attempts to bring evidence of electoral fraud to the attention of the state legislatures and the courts—not to mention the calamitous events of Jan. 6—the ascendant left has moved swiftly to capitalize on what has proved a stunning propaganda victory for them and neutralize their enemies on the right.
Forget the looting, burning, and general civil unrest at the hands of BLM and Antifa in cities across America last summer—for which next to no one has yet been punished, and which was widely cheered by both the mainstream media and Democrat politicians up to and including Vice President-elect Kamala Harris. That’s all ancient history now, replaced by the “insurrection,” the “armed riot” at the Capitol, the “worst attack on Washington” since the War of 1812, when the British burned the capital and the White House.
Of course, it was not. Unrecalled by the born-yesterday media, for example, is the 1954 attack by four Puerto Rican separatists on the House of Representatives, during which some 30 shots were fired and five congressmen were wounded; the terrorists were later pardoned by Jimmy Carter in 1979. Also forgotten: the bombings of the Capitol building and the Pentagon in the 1970s by the radical leftists of the Weather Underground, led by Barack Obama’s buddy William Ayers.
George, where you make a mistake is that people coming from the liberal side like you, you immediately say everything’s a lie instead of saying there are two sides to everything. Historically what would happen is if said that I thought that there was fraud, you would interview someone else who said there wasn’t. But now you insert yourself in the middle and say that the absolute… fact is that everything that I’m saying is a lie…. Let’s talk about the specifics of it. In Wisconsin, tens of thousands of absentee votes had only the name on them and no address. Historically those were thrown out, this time they weren’t. They made special accommodations because they said, oh, it’s a pandemic and people forgot what their address was. So they changed the law after the fact. That is wrong, that’s unconstitutional. And I plan on spending the next two years going around state to state and fixing these problems and I won’t be cowed by liberals in the media who say, there’s no evidence here and you’re a liar if you talk about election fraud. No, let’s have an open debate. It’s a free country.
The global semiconductor shortage is still slamming the auto industry. Tempted to do a separate “explainer” post about how the cyclical nature of the semiconductor industry and how hard it is to add capacity.
The order, which is the first the governor has signed since October and the first non-coronavirus related order since the pandemic began last year, directs agencies “to use all lawful powers and tools to challenge any federal action that threatens the continued strength, vitality, and independence of the energy industry.”
“Each state agency should work to identify potential litigation, notice-and-comment opportunities, and any other means of preventing federal overreach within the law,” it states.
“And when they do that,” added Abbott during the press conference, “that will arm Texas to be prepared to fight back.”
The governor called the order “a homework assignment for every state agency in Texas.”
It will be swell to see democrats squander tens of millions of dollars on a race they can’t win yet again…
“State Rep. Bryan Slaton filed an amendment saying that the Legislature should bring a vote to the floor to abolish abortion before it votes to ceremonially change the names of highways or bridges.”
Netflix goes full social justice warrior, inks deal with Ibram X. Kendi. If you didn’t cancel your subscription over Cuties, now would be a good time to do so. (Hat tip: Blog reader David Rainwater.)
Proof that letting biological men compete in women’s sports is a bad idea. Top male high school athletes routinely beat female Olympians.
The Lamb and Flag, once frequented by the likes of Lord of the Rings author J.R.R. Tolkien and his friend C.S. Lewis, who wrote The Chronicles of Narnia, has suffered a disastrous loss of revenues since the start of the pandemic.
It first opened in 1566 and moved to its present location on St Giles, a broad thoroughfare in the city centre, in 1613. It is owned by St John’s College, one of 45 colleges and private halls that make up the University of Oxford.
“Until the San Francisco Unified School District board stripped Dianne Feinstein’s name from one of its public schools, we were unaware of the Senator’s service to the Confederacy.”
On one side of the fight are the hedge fund managers. These guys are good-hearted regular folks living out the American dream by manipulating markets so that companies will fail and they can buy another desperately needed yacht.
On the other side are a bunch of Cheeto-stained Redditors who are dangerously manipulating markets to try to make money. These guys obviously weren’t informed that the stock market was only for rich people to make money. They’re probably Nazis and alt-righters too.
“Biden All-Female Communications Team Won’t Tell Nation What’s Wrong, Nation Should Already Know.” “It’s fine. Everything’s fine. Nothing’s wrong, OK!?” said Jen Psaki in her first press conference as a part of Biden’s team. “Why would you think I’m not fine? Ugh… if you have to ask, I’m not going to tell you.”
The political class (represented by a Speaker who flies home to San Francisco on her own government plane) has been largely insulated from the pathologies they have loosed upon the land. For a few hours yesterday they weren’t.
In a self-governing republic of citizen-legislators, that ought to be sobering and instructive. But, of course, it wasn’t. Still, I was surprised that even politicians and pundits could utter all that eyewash about “the citadel of democracy” and “a light to the world” with a straight face. It’s a citadel of crap, and the lights went out long ago: ask anyone who needs that $600 “relief”.
I despise the United States Congress, and not merely for the weeks I had to spend there during the Clinton impeachment trial: My contempt pre-dates that circus. It dates to the moment I first realized, as a recent arrival to this land, that when Dick Durbin or some such is giving some overwrought speech on a burning issue he is speaking to an entirely empty chamber – because there are no debates, because most of these over-entouraged Emirs of Incumbistan are entirely incapable of debate: See, inter alia, Ed Markey.
But the fact that they might as well be orating in front of the bathroom mirror isn’t why I despise it. It’s that the American media go along with the racket, and there’s only the one pool camera with the fixed tight shot so that you can’t see the joint is deserted and the guy is talking to himself. The wanker press is so protective of its politicians that it’s happy to give the impression that a boob like Markey is Cromwell in the Long Parliament.
I have never seen such rubbish in the House of Commons at Ottawa or Westminster or their equivalents around the Commonwealth – and it’s a charade in which the media are all-in.
So it’s a Potemkin parliament.
That leads easily to the next stage of decay – for why would a Potemkin parliament not degenerate further into a pseudo-legislature? The Covid “relief” bill is 5,593 pages. There is no such thing as a 5,593-page “law” – because no legislator could read it and grasp it. For purposes of comparison, the Government of India Act, which in 1935 was the longest piece of legislation ever drafted in British law and which provided for the government of what are now India, Pakistan and Burma, is 326 pages.
Oh, I’m sure paragons of republican virtue will object that no Indian or Burmese citizen-representatives were involved in that piece of imperial imposition. Well, no American citizen-representatives were involved in the Covid “relief” bill. The legislation was drafted not by legislators, nor by civil servants, nor even by staffers or interns. Instead, a zillion lobbyists wrote their particular carve-outs, and then it got stitched together by some clerk playing the role of Baron von Frankenstein. The “legislators” voted it into law unread, and indeed even unseen, as the Congressional photocopier proved unable to print it: It was a bill without corporeal form, but the yes-men yessed it into law anyway.
Whatever that is, it’s not a republic. As beacons to the world go, stick it where the beacon don’t shine. I wish no ill to anyone in the building, but I do support, during the next recess, its complete dismantling and the salting of the earth: it is not a “citadel of democracy”, only a sick perversion thereof. Whatever Sudan and Chad and Waziristan need, it’s not the US Congress.
Have you noticed that everything is a lie and a scam? Everything.
See, the problem starts when our elite realized that it could break the norms and betray the principles that we all thought we were all abiding by without accountability, at least for a little while. The Establishment realized that it can simply not enforce the norms, and then there will be a lag time while the normals continue on as if the norms were still in effect. It’s inertia – this is why you get these sad sack RINOs lecturing us on how we’re subverting the institutions when what we are really doing is pointing out that the institutions have subverted themselves.
It’s willful blindness to the corruption because the weakhearts don’t want to admit there is corruption because that would then require them to act. It’s easier to live on scraps.
Snip.
The structures and institutions of American society have all been in place with little real change for nearing a century. Nothing lasts forever though, particularly when they are run by grifty idiots. The disruption caused by the tech revolution has helped speed up inevitable processes of change – you know, the creative destruction we hear about in unwoke economics courses. The institutions we relied on – our churches, the NFL, the political parties – are now focused entirely upon preventing that inevitable change. The lackluster losers who inherited their sinecures in these institutions (not literally but by being adopted into the establishment by going to the right schools) want to maintain a status quo that is great for them and poison for the rest of us.
Joe Biden* is the quintessential example of this, a failed retread with zero accomplishments promising business as usual with a veneer of wokeness slathered on top of it all. He wants to hold on to his ruins. He’ll entrench his corporate masters and do everything he can to stifle the potential for reform and dissent. Remember when dissent was patriotic? Now, the media’s whole job is to angrily reaffirm the divine right of our garbage elite to rule us.
More:
Good news for the media: now that a fringe group of Trump supporters stormed the Capitol, the media can go back to slandering all 74 million people who voted for Trump as racists who are complicit in the overthrow of the republic, and calling for them to be silenced. Unity!
The most important leader at the beginning of the end of the Roman Republic was Tiberius Sempronius Gracchus, He was the guy who noticed that while the Roman Republic had swept all foreign enemies before it, the working class had suffered despite the great riches of empire. Tiberius Gracchus decided to run for public office despite his great family wealth, and to put forth his formidable political skills to benefit the Roman Working Joe. He failed, because the Roman political establishment buried their traditional political differences in the face of Gracchus’ challenge, and in fact had him killed.
In short, the Roman Deep State closed ranks to block needed reform. It was the beginning of the end of the Roman Republic as long cherished political norms (Mos Maiorum) were cast aside. And so two generations of the Roman political elite were exterminated in a civil war so profound that what was left of the exhausted Republican Elite welcomed the first Imperator with open arms because he ended the civil wars.
Throughout this whole period in Roman History, the Law was supreme. Of course, the Law bent to the prevailing political winds. As the Roman said, “The Law is harsh, but it is the Law”. Dura Lex, sed Lex.
Donald Trump is the Tiberius Gracchus of our day. He is the guy who noticed that while the American Republic had swept all foreign enemies before it, the working class had suffered despite the great riches of empire. Donald Trump decided to run for public office despite his great family wealth, and to put forth his formidable political skills to benefit the American Working Joe. He failed, because the American political establishment buried their traditional political differences in the face of Trump’s challenge, and in fact had him [well, we’ll have to see if they let him live free, or jail him, or kill him].
Democrats and their allies in the press spent the last four years accusing President Trump of being soft on Russia. And worse: Some called the president a Russian asset, a traitor, Putin’s patsy, and much, much more. It was all BS, because behind the rhetoric was the stark reality that Trump, and his administration, have actually been tougher on Russia than many of his predecessors. Now, with the president on the way out, one lone voice in the anti-Trump press — CNN, specifically — has spoken the truth out loud.
On CNN’s “New Day” on New Year’s morning, the network’s Fareed Zakaria was asked how U.S. Russia policy under the new President Joe Biden might differ from policy under President Trump. “I think in general, there isn’t going to be as much difference as people imagine,” Zakaria said. “The Biden folks are pretty tough on Russia, Iran, North Korea. You know, the dirty little secret about the Trump administration was that while Donald Trump clearly had a kind of soft spot for Putin, the Trump administration was pretty tough on the Russians. They armed Ukraine. They armed the Poles. They extended NATO operations and exercises in ways that even the Obama administration had not done. They maintained the sanctions. So I don’t think it will be that different.”
The dirty little secret??? It was never a secret at all. All of the actions Zakaria listed were well known public policy during the Trump years. Any of Zakaria’s colleagues, at CNN and in the press as a whole, might have cited them. But many instead chose to contribute to the media’s Russia hysteria that began even before the president was inaugurated and continued through the years of Trump-Russia special counsel Robert Mueller’s investigation.
Despite declarations to the contrary, Governor Greg Abbott’s decrees are still limiting businesses across Texas. Just because the business environment doesn’t suck as bad as California doesn’t mean it couldn’t be better.
And speaking of rich people moving to Austin, multimillionaire Joe Lonsdale wants to build a new tech city near Austin, complete with its own subway system. You could build your own city from scratch, but I think you need billionaire money to do it; mere multimillionaire money probably won’t cut it… (Hat tip: Cahnman.)
Overnight, a mob of antifa from Portland descended on the suburb of Tigard, where they tried to break inside the local police department. When that failed, they proceeded to smash up nearby businesses. This is 4th antifa riot in Portland-area since NYE. pic.twitter.com/5CZUnF7774
Greetings, and welcome to another Friday LinkSwarm! Democrats dance to China’s tune, the media suddenly discover that Hunter Biden is covered in a thick coat of industrial-grade sleaze, California continues to destroy its economy, and Elon Musk moves to Texas.
The most shocking thing about the recent news story that flatulent Russiagate hoaxer and American-nuking enthusiast Rep. Eric Swalwell was caught intertwined with a Chinese honey pot is…well, actually nothing about it is shocking. This is totally on-brand for the Dems and especially this particular clown. It’s not clear how far he got with this Democrat-diddling doxie, but the best case for Swalwell is that he was a fool who couldn’t see how unlikely it was for a DC 8 (and real world 5) to want anything to do with him other than as a mark. The worst case is that he eagerly betrayed his country for a roll in the rice with this Beijing bimbo.
Either way, he’s a disgrace.
But this singularly unaccomplished punch-line, this aspiring Beto without the hype or substance (Swalwell’s status as a furry is unknown, but I have my suspicions), is all too representative of his garbage party. The fact is that Red China is delighted by the opportunity to get back to business as usual with a Democrat administration – and in the case of a potential President Biden*, that’s literally business as usual. The garbage media didn’t think his crack-huffing, loser spawn being owned by Chinese intel –you think they don’t have tape of him living out his X-rated video of David Bowie’s 80s hit?– was significant enough to tell us about. But then, like the rest of the establishment, the media’s corporate owners are all wrapped up with the Chi-Coms. When’s the last time you saw Hollywood take a stand against the Chinese commies? That would be about the last time you saw Richard Gere on the big screen, since his career died when he did a movie pointing out their oppression of Tibet. Go look on Netflix or wherever – there’s plenty of stupid woke trash about how America sucks, but nobody talks about the big Red Panda in the room. The corporations know who their real boss is.
And, as Tucker pointed out in a great monologue, the Establishment is all-in on catering to the commies. It is bought and paid for, owned and happy, and dedicated to selling you out. And a President Biden*, in the event he is inaugurated, will happily continue the fire sale of American physical, intellectual, and moral assets to the reds.
“If Voters Had Known About 8 Stories Media Ignored, Trump Would Have Won.” Well, that’s why they ignored them…
Speaking of which, our media elites have suddenly discovered that the Hunter Biden corruption story was true. Of course they knew it was true all along, they just suppressed it until they could drag Joe Biden’s ambulatory corpse over the finish line. (And if you somehow missed the Hunter Biden story, here’s the archive.)
Lockdowns, shutdowns, mask mandates, curfews, and other governmental interventions are 1) evidence-free and 2) do not work, folks. https://t.co/G6tsROUH20
2/ Connecticut is the home of Yale and many intellectuals, so surely they followed the science.
Except now they have the highest per capita case count in the country. What about all those masks, lockdowns, and the all mighty #science? pic.twitter.com/BhrknAFShY
6/ Ok ok, but it would be so much worse if they didn't follow the #science, right?
Let's look at Florida, which effectively ended COVID restrictions on Sept 25th. Those crazies with their open schools, open business, and people who get to live their lives. Barbarians! pic.twitter.com/AhlB0bfHrC
8/ Governments call them lockdowns or whatever they want. But restricting freedom of movement, of worship, of a basic livelihood, all while using fear, fines, and intimidation to prevent families from seeing each other… that's not science.
Judge rules Los Angeles County acted arbitrarily with an outdoor dining ban. “By failing to weigh the benefits of an outdoor dining restriction against its costs, the county acted arbitrarily and its decision lacks a rational relationship to a legitimate end,” Superior Court Judge James Chalfant wrote in a tentative ruling.”
When Chirag Bhakta saw a headline recently that said tech workers were fleeing San Francisco, he had a quick reaction: “Good riddance.”
Bhakta, a San Francisco native and tenant organizer for affordable housing nonprofit Mission Housing, is well-versed in the seismic impact that the growth of the tech industry has had on the city. As software companies expanded over the past decade, they drew thousands of well-off newcomers who bid up rents and remade the city’s economy and culture.
He said the sudden departure of many tech workers and executives — often to less expensive, rural areas where they can telecommute during the coronavirus pandemic — reveals that their relationship with San Francisco was “transactional” all along.
“They used their capital to radically shift the makeup of poor, working-class communities,” Bhakta said. “We’re left with ‘for sale’ signs and price points that are still out of reach for most people.”
Many urban centers have seen residents move out in large numbers since the start of stay-at-home orders in March, but the shift has been especially dramatic for San Francisco, a city that was already experiencing rapid change because of the tech industry.
Software engineers, CEOs and venture capitalists have chosen to jump from the Bay Area to places such as Denver, Miami and Austin, Texas, citing housing costs, California’s relatively high income tax and the Bay Area’s general resistance to rapid growth and change.
Tesla CEO Elon Musk has moved to Texas. “‘It’s worth noting that Tesla is the last car company still manufacturing cars in California,’ Musk said. ‘There used to be over a dozen car plants in California, and California used to be the center of aerospace manufacturing. My companies are the last two left.'”
“Immediately After Moving To Texas, Elon Musk Announces Tesla AR-15.
The new firearm will look similar to a standard AR-15 but will in fact be a battery-powered railgun capable of firing 3 million rounds per minute. It will also feature a fingerprint sensor, Bluetooth capability, heat-seeking ammunition, and a chainsaw bayonet, to name a few.
At 3 million rounds a minute, trips to the shooting range would get very expensive…
Virtually unheard of a decade ago, these Chinese players are moving vast sums quickly and quietly, authorities said. Their expertise: routing cartel drug profits from the United States to China then on to Mexico with a few clicks of a burner phone and Chinese banking apps – and without the bulky cash ever crossing borders. The launderers pay small Chinese-owned businesses in the United States and Mexico to help them move the funds. Most contact with the banking system happens in China, a veritable black hole for U.S. and Mexican authorities.
Billionaire casino owner Sheldon Adelson tries yet again to get Texas to legalize casino gambling. “Adelson’s noteworthy lobbyist crew includes current and former high-ranking government officials, including former chiefs of staff to disgraced Speakers of the Texas House Joe Straus and Dennis Bonnen.” Of course.
OhNoNotThisShitAgain.jpg:
BLM, antifa & other far-left extremists have established a new autonomous zone in north Portland after violently repelling law enforcement. They're trying to protect a squat that was earlier raided by police. Firearms were found on site. Read my report: https://t.co/FTavdjeaCB
Frederick Forsyth says that the reason the Brexit deal was scuttled at the last minute is that the EU was doing France’s bidding.
After years covering France in Paris for the Reuters agency, and bilingual in French, I have a pretty good idea how the French system works. Basically, whoever appears to rule on the basis of elections, it is the graduates of the ENA who are really in charge. So what is it, this ultra-college?
Founded under De Gaulle, it is a college designed to produce the true ruling class of the country, the Ecole Nationale d’Administration or ENA and its graduates are the ENArques. More than all our public schools and Oxbridge put together, the ENA is accessible only by the brightest and the best to start with.
After three years there the graduates are the elite of the elite. They move seamlessly from industry to commerce to banking to civil service to politics, and always in the top slots. They do not oppose each other. President Macron and Michel Barnier are both ENArques.
As in all politics, election-winning is the key and in elections there are powerful voting blocs which must not be affronted. In France the biggest is the agricultural vote. Hence the EU’s incredibly expensive and burdensome Common Agricultural Policy, a money tree paid for by others, to subsidise France’s mediaeval and uncompetitive farming sector and its attendant sub-professions. Offend them and you lose the election.
Not far behind comes the fishing industry. Emmanuel Macron is facing an election. That is why last week at the very threshold of an agreement with the UK, Michel Barnier got new orders from Paris. No, you have conceded too much to the Anglo Saxons – we want all the fish and free access to all the waters.
It is easy to blame Barnier but he had his orders. That is why a German, Dane or Dutchman would have been better as the EU team leader. Germany, Denmark and Holland fish those waters but their politicians do not lose elections because of their fishing industries and they are not run by an ENA.
In other news, Frederick Forsyth is still alive. (Hat tip: @davidjacksmith.)
Speaking of which: “Facebook’s Fact-Checker ‘Lead Stories’ is Staffed by Exclusively Democrat Party Donors, CNN Staffers, And ‘Defeat Trump’ Activists.”
What could have bought Ed Buck so many layers of protection?
West Hollywood politics has a glimmering rainbow surface, but the authentic underlying powers are real estate interests. The City Council controls the fate of hundreds of millions of dollars worth of development projects, a fact reflected in their campaign contributions. “Developers don’t drop tens of thousands of dollars in West Hollywood because they like the City’s position on gay marriage, says former West Hollywood Mayor Steve Martin.
With a huge war chest supporting them, a small handful of politicians reduced the government of West Hollywood to a game of musical chairs. John Duran, John D`Amico, John Heilman, Jeffrey Prang, and Abbe Land would bounce back and forth between the Mayor’s Office and City Council for decades, winning eighteen out of the last twenty-one mayoral elections between them.
Ed Buck played a variety of supporting roles in the political machinery, buoying the chosen few.
D’Amico’s political career was launched on the back of Buck’s support, winning a seat on City Council after marching through West Hollywood with Buck promoting his “Fur Free WeHo” campaign. Buck’s donations and connections to other major donors, including billionaire Gary Michelson, brought tens of thousands of dollars to Buck’s friends on City Council through multiple entities sharing the name ANIMAL PAC.
Buck’s money also bought him a position on the Steering Committee of the Stonewall Democratic Club, the kingmaker of West Hollywood politics. Buck used his position on the Steering Committee to influence Stonewall’s secretive endorsement process, one “designed to protect incumbents and well-financed, well-connected candidates,” says a former Steering Committee member. Stonewall rank and file must have wondered why the LGBTQ group was promoting candidates for County Tax Assessor and Board of Equalization. Buck was so useful, Abbe Land would open City Council meetings by calling him to recite the pledge of allegiance.
Officially retired since his early thirties, Buck would not have had the money to sustain his prolific spending habits relating to drugs, escorts, and politics. His biggest payday was in the 1980s when he flipped his friend’s business, Gopher Courier, to profit just over a million dollars, after which he lost money investing into pay-phones and a restaurant.
After moving to West Hollywood, Buck was suspiciously cash-rich and asset poor, driving a wreck of a car and living in a rent-controlled apartment. Journalists paint Buck as a wealthy social climber, but his finances and lifestyle suggest he was a dirty political operative.
Data from California’s political contribution records is highly truncated, but campaign finance rules create patterns that highlight alliances.
One can skirt contribution limits and obscure contribution origins by breaking up large donations into smaller payments and passing them through family members and political allies, so I looked for donors that matched Buck’s donations.
He donated varying amounts to plenty of politicians and causes, but there were consistent primary beneficiaries such as Jeffrey Prang, John Duran, Scott Svonkin, Honesty PAC, and of course, his ANIMAL PACs. The highly incestuous top donors who also supported Prang, Duran, Svonkin, and Buck’s PACs were real estate interests, chief among them being Excel Property Management Services managed by CEO Arman Gabay. Arman Gabay and his company funded Jeffrey Prang’s successful 2014 Los Angeles County Assessor bid with the help of Ed Buck, Ed Buck’s future attorney Seymour Amster, ANIMAL PAC, John Duran, West Hollywood activists, and various real estate interests. The same donors also funded periphery candidates who endorsed Prang and Svonkin.
As County Assessor, Jeffrey Prang controls property taxes on $1.7 trillion worth of property, explaining why his donors are real estate interests. The Tax Assessor is a notoriously corrupt office, both in Los Angeles and across the country. Jeffrey Prang’s predecessor was arrested by the Los Angeles District Attorney’s office on bribery charges after selling tax breaks. Eighteen Tax Assessors in New York City were arrested on bribery charges after real estate developer Donald Trump realized he was paying more in taxes than his competitors.
This is where Scott Svonkin’s role comes in. Funded by Ed Buck, Buck’s attorney Seymour Amster, and a small handful of real estate interests after Gemmel Moore’s death in Buck’s apartment, Honesty PAC was created solely to fund Scott Svonkin’s 2018 for Board of Equalization, an oversight position overseeing the County Tax Assessor Jeffrey Prang. The kicker: Scott Svonkin was an aide to Jeffrey Prang while he served on West Hollywood City Council.
Scott Svonkin’s 2018 bid was unsuccessful, but the setback did not deter Jeffrey Prang. Whistleblowers filed suit against Prang for giving favorable tax treatment to West Hollywood real estate interests by intentionally losing legal cases, reversing property tax decisions, and reimbursing millions of dollars in back taxes for favored companies and individuals. Worse, Arman Gabay was arrested in May 2018 for allegedly soliciting preferable tax treatment from County Officials, soliciting public funds for his development projects, trading political donations in exchange for help on West Hollywood development projects, and other crimes involving political patronage. From a January 2020 prosecutor’s motion: “in another phone call agents intercepted on or about April 22, 2017, defendant made clear why he donates to public officials — he expects things in return.” When asked to contribute to reelect “Public Official 5,” he refused “because the last time he donated, defendant did not get anything from Public Official 5. Referring to Public Official 5, defendant said “f[*]ck him.”
If Arman Gabay had helpful public officials on his payroll, he and others likely had Ed Buck on it, too, which would explain Buck’s mysterious revenue stream. Buck’s choice of Christopher Darden as his defense attorney shows he still has plenty of cash to play with and that investigators aren’t chasing down where it comes from. Prosecutors seem to know Buck’s income is off the books; they requested an order from the court to ensure “no portion of the proffered bail was feloniously obtained.” Even from jail, Buck still has cards to play, especially if his corruption touches politicians or some in the district attorney’s office.
Based on 2019 data, Austin City Government gets an F grade for crime and D- for cost of living. Murders and violent crime are worse in 2020. Homelessness is worse. They ignore mayor's hypocrisy in violating their own covid restrictions. Alter and Flannigan deserve to be fired. pic.twitter.com/wQqL2t4tuN
Austin decommissions shitty art. Of the “artworks,” two are garbage, one is already gone, one is so badly decayed it has to be torn down, and one is literally a circle of rocks. It’s fine as rock circles go, but a yard guy could probably put one together for you for less than 20 bucks.
This has been a long time coming. At least a generation, maybe two. The left methodically has taken control of key institutions to implement an anti-American, anti-Capitalist agenda.
You send your kids to public schools and college, where they are taught from their earliest years that America and capitalism are the sources of evil in the world, that we are a systemically racist society that consumes ‘black and brown bodies,’ while socialist and communist systems are more equal and fair. It’s all a lie, but it’s a lie told by the teachers, professors, and administrators with power. The real racists are the people who obsess about race, and who judge people based on the color of their skin.
When your kids emerge from the social justice warfare meat grinder, you don’t recognize them anymore. Oh well, you shrug.
There is a concerted effort funded by leftist billionaires and high tech companies to control what you can say, and to silence you through mob action or social media throttling if you get out of line. The large corporate media, with only a couple of exceptions, is thoroughly corrupt and works every day to elect their preferred candidates, always Democrats.
The law enforcement system is being undermined by district attorneys funded by George Soros whose agenda is to prevent enforcement of laws, and politicians whose goal is to see those arrested released immediately without bail. We’re seeing that right now with rioters and looters almost immediately released. The next push is to defund the police.
Hollywood, The music industry. Television. Gone.
We still have the vote and can win elections, despite the disadvantage. But it’s not a guarantee. Which is why the left wants to subvert voting integrity.
All this time, you have seen bits and pieces, and figured that while you might not agree, it wasn’t a threat to our existence.
The wilding and looting should be your wake up call. When seconds counted, the police were pulled back by the policitians.
Reminder: The #BlackLivesMatter chant “Hands Up Don’t Shoot” is founded on a lie.
Let us know Biden and his party by what they have done for black people in all the decades Dems have enjoyed a firm hold on their vote.
If they really cared about black lives, they would have tried to address the real reasons for black disadvantage. They would worry about fatherlessness, the 70 percent of black children born to single mothers, the illiteracy that holds down black achievement, and drugs that blight black lives.
They would champion school choice, which Attorney General Bill Barr calls the “civil rights issue of our era.”
They would wonder why black disadvantage and violence is entrenched in cities they have controlled for decades.
But instead, Democrats blather about “systemic racism” and blame cops and President Trump.
Texas hit a new daily high in COVID-19 cases Tuesday with 2,504 new cases reported, according to data released Wednesday by the Texas Department of State Health Services. That topped the previous daily high of 1,949 cases May 31.
Just over 21% of the new cases were reported in Jefferson County, which reported 537 new cases Tuesday, nearly doubling its previous total.
Asked about the cause of the increase, DSHS spokesperson Chris Van Deusen pointed to Jefferson County’s three state prison units.
Most of the new cases were “due to a change in how the local health department is reporting” cases from the prisons, he said.
Hot spots like prisons have recently started to do mass testing, and the data is not always reported daily.
To the growing list of opinions that could cause you to be cast out of public life we can now add: thinking white privilege is a bullshit idea and thinking that staging a protest in Wales against police brutality in Minneapolis is a bit stupid.
For over the past 24 hours it has been revealed that two British men have been sacked and suspended respectively for the crime of gently criticising the tactics and rhetoric of the Black Lives Matter movement.
Stu Peters, a presenter on the Isle of Man’s Manx Radio station, has been suspended and put under investigation following an on-air clash with a black caller. In the exchange, Peters criticised the concept of white privilege (‘I’ve had no more privilege in my life than you have’) and questioned the point of BLM protests on the Isle (‘You can demonstrate anywhere you like, but it doesn’t make any sense to me’). The case has even been referred to the Isle of Man’s Communications Commission.
We just had the biggest spike of new gun buyers in recorded history — and then did it again one month later
The NSSF (the gun industry’s main trade group) just released their report on gun sales in the first four months of 2020. Record-breaking spikes in guns sales actually happen relatively frequently, and that’s certainly been the case in 2020. But the unique thing this year is how many of those gun sales were to first-time owners. The NSSF estimates that 40 percent of sales were to newbies, two-thirds higher than the typical level of 24 percent. Combined with 6.5 million background checks in the first four months of the year, NSSF estimates that the January–April 2020 period created 2.6 million new gun owners in the US.
There are 209 million adults in the US. Thirty percent of them personally own a gun. So 2.6 million new gun owners means a 4.1 percent increase in the total number of gun owners. In four months, driven by COVID. That’s before the second wave of new buyers from all the May–June upheaval — which wave, judging by the images of 2-hour lines outside gun shops, could be just as big as the first one.
Much bigger, I would guess, if demand can keep up.
West Palm Beach Mayor Keith James announced a ban on gun and ammunition sales. So Democrats not only want to encourage rioters, refuse to prosecute them, and defund the police, they want to take away the means to defend yourself as well…
Know whose views the media wants to supress? Yours:
The left is seeking to define the scope of acceptable thought, and they do it by marginalizing the mainstream and mainstreaming the marginal.
They do it by lying both directly and by omission of normal views the leftists disapprove of. I talk about it in detail (and brutally) in my new non-fiction book The 21 Biggest Lies About Donald Trump (and You!). Even as my tome prepares to drop on 7/7, new examples of this crap keep popping up.
Look at the “defund the police” idiocy. This sinister power grab – it’s not crazy, but rather a calculated effort to centralize force within left-wing power structures and leave you disarmed and defenseless – gets the support of only a rounding error of American citizens, but it’s the only view you hear on the commie cable shows. Some try to gaslight it so not to freak out the whiny white wine women of suburbia who know their Ken-doll feminized and gunless husbands won’t be able to protect them. The sugar coaters assert that only a stupid conservative dummy would think “defund the police” actually means “defund the police,” just like “believe all women” could never be reasonably interpreted as meaning that people should “believe all women.”
For more privileged individuals such as [Catherine] Tait, as Glenn Loury told the Quillette podcast recently, the anti-racism movement is now more akin to a performative religion, presenting garment-rending adherents with concepts analogous to original sin (whiteness) and excommunication (cancelation). America and its white inhabitants are presented as having permanently cursed souls, a defect that can be addressed only through elaborate rites of penance, as in recent scenes of white people washing the feet of black community leaders. And it’s notable that the above-described art-house and newsroom controversies always seem to originate in some supposedly sacrilegious text or monologue, whose heretical nature is taken as proof of a contaminated character.
Snip.
The reason the Times has lost its editorial moorings isn’t that social media is crazy and tribalistic. Social media has always been crazy and tribalistic. What’s changed is that the firewall between social media and real life has now broken down completely thanks to the pandemic lockdown. Since we’re all working from home, and dealing with co-workers only through digital means, the line between colleague and troll has blurred to nothingness.
It was one thing when Times staffers had to co-exist in a world of cubicles, water fountains, lunchrooms, and elevator chit chat. We all say we’re exasperated by office life, but the annoying rituals of communal work help remind us that our colleagues are actual human beings who tell stories about their dogs and put stick-it notes on their Tupperware. Canceling James Bennet, Real Human Being, would have been a lot harder than canceling @James_Bennet, the Slack-channel avatar. Certainly, it’s no coincidence that the Times’ descent into full-blown progressive cancel-culture social panic happened to coincide with the only period in the newspaper’s history when people who once rubbed elbows daily suddenly never saw each other for many months.
Speaking of the Times, Senate Majority leader Mitch McConnell is not impressed with their intestinal fortitude:
“One of our nation’s most storied newspapers just had its intellectual independence challenged by an angry mob, and they folded like a house of cards,” McConnell said Wednesday on the Senate floor. “A jury of people on Twitter indicted them as accessories to a thought crime, and instead of telling them to go take a hike, the paper pleaded guilty and begged for mercy.”
Important questions:
100 million dollar question that leftists are refusing to answer:
To what organization do the funds raised on the Black Lives Matter website go?
BLM raised 40 million dollars in 48 hours because of George Floyd’s death. But WHO did Act Blue direct that funding to?
Rioters in Philly deface a statue of Matthias Baldwin, an early abolitionist who fought against slavery 30 years before it ended. pic.twitter.com/1HKrDusPBh
President Donald Trump’s plan to pull troops from Germany irks Angela Merkel. Well duh. People hate it when you end their free ride.
President Donald Trump’s decision to cut the number of U.S. troops in Germany has irked Chancellor Angela Merkel’s government and German media.
The White House plans to withdraw 9,500 out of 35,000 U.S. troops stationed in Germany by September, The Wall Street Journal reported on Friday.
The move came after Germany ignored President Trump’s repeated warnings and kept defaulting on the agreed defense spending, leaving the U.S. to pick up the hefty NATO bill.
“The United States is spending far more on NATO than any other country. This is not fair, nor is it acceptable,” President Trump said at the 2018 NATO summit. The U.S. shoulders more than 70 percent of the NATO defense budget.
Peter Beyer, a German politician and a key Merkel ally, called the planned U.S. troop withdrawal “completely unacceptable” to Germany. “It’s not just about 9,500 soldiers, but also their families, an estimated 20,000 Americans,” he added.
What’s the last year Germany met it’s 2% funding target?
The Austin City Council, which turned the city into bumsville and wants to reduce funding for police by $100 million, wants to hike property taxes 25% to pay for a giant mass transportation boondoggle. Evidently the opportunities for graft there are far more extensive. The good news is that it requires voter approval, and I’m hoping that (for once) Austin voters will show a modicum of sanity.
Owner of Minneapolis manufacturing plant burned down by rioters has seen enough. “Kris Wyrobek thought he could rely on the city to protect his manufacturing business. In the wake of the city’s paralysis in the rioting — which the Star Tribune helpfully notes “sometimes overshadowed peaceful protests” — Wyrobek has had enough. He’s packing up his 7-Sigma plant to rebuild elsewhere after the city let it burn down, and he’s taking 50 jobs with him.”
Follow-up: Remember that “George Floyd and Derek Chauvin butted heads working at the same club” story? Yeah, not so much.
Wokeness comes for kid’s show Paw Patrol, which dares to feature a police dog as one of the characters.
Speaking of which, the Babylon Bee nails it again: “Paw Patrol Replaces Chase The Cop With Karl The Antifa Rioter.”
Related: “McGruff The Crime Dog Put Down.” You would not believe how long a I’ve been waiting to reuse the “McGruff the Crime Dog” tag…
I was not on the “oh don’t panic the Wuhan coronavirus is just the flu” bus. It’s a real pandemic with, as far as we can tell, a death rate about ten times that of the flu. People are dropping dead at an alarming rate in Italy. It’s real, it’s deadly, and a lot of the government reactions to it (the China travel ban, the emergency declaration) made sense. I believe in flattening the curve, no matter how many unknown variables there.
Now we’re well past the “making sense” part of the pandemic and onto the “bullshit overreaction and power-grab” portion of the pandemic.
Item the First: “Illinois mayor signs executive order granting power to ban sale of guns and alcohol while addressing coronavirus.” Two things that have absofriginglutely nothing to do with infectious diseases and everything to do with Champaign, Illinois Mayor Deborah Frank Feinen’s power grab.
Officials in seven San Francisco Bay Area counties issued a sweeping shelter-in-place mandate Monday affecting about 7 million people, ordering residents to stay at home and go outside only for food, medicine and outings that are absolutely essential.
The order says residents must stay inside and venture out only for necessities for three weeks starting Tuesday in a desperate attempt by officials to curb the spread of the novel coronavirus.
How this is compatible with American constitutional rights is not explained. Also, what do you want to bet that absolutely nothing will be done to clear out San Francisco’s huge population of mentally addicted drug addicts shitting in the streets despite the fact that COVID-19 can likely be transmitted by fecal matter?
Item the Third: The tri-state area (New York, Connecticut, New Jersey) is shutting down bars, restaurants and movie theaters. “Restaurants can remain open for take-out and delivery only — and the state is allowing eateries to include booze in to-go orders.”
Joe Rogan discusses homeless problems in San Francisco and Los Angeles with Rich Benoit (who’s evidently a YouTuber who salvages wrecked Teslas):
Benoit talks about the huge number of homeless people on the streets of San Francisco, while Rogan discusses how crazy Los Angeles’ skid row section has become (which I discussed here).
They also discuss Los Angeles’ new ban on living in mobile homes. On one hand, I’m quote sympathetic to homeowners who wake up one day to find RV recidivists reenacting segments of Breaking Bad in front of their house. On the other hand, California’s endless environmental regulations and rent control have made it very difficult to build new housing, and lawful citizens living respectfully in their own RV without breaking the law shouldn’t be penalized for doing so, especially if they do it someplace legally (like a Walmart parking lot).
For all this talk of hurricanes, it’s rained like five minutes in the last eight weeks here in Austin…
Imagine that there’s a long, informative paragraph here explaining the latest twists and turns of the Brexit saga, because I have no friging clue what’s going on as of today. The House of Commons narrowly ruled out a no-deal Brexit, but the House of Lords vows to block it, Prime Minister Boris Johnson vowed to call an early election, but evidently the votes don’t exist for that either, so who knows? Maybe this Jim Geraghty piece will do the trick, but it’s already two days old, so…
The American economy looks an awful lot like full employment.
Robert Mugabe, the brutal, incompetent ex-dictator of Zimbabwe, has died, but not before he destroyed his country’s economy through Marxist policies, land confiscation and hyperinflation. (Hat tip: Dwight.)
Remember when Democrats swore up and down they weren’t going to take our guns? They’ve stopped pretending:
The media should stop using absurdly lazy phrases like “mandatory gun buybacks.” Unless the politician they’re talking about is in the business of selling firearms, it’s impossible for him to “buy back” anything. No government official—not Joe Biden, not Beto O’Rourke, not any of the candidates who now support “buyback” programs—has ever sold firearms.
What Democrats propose can be more accurately described as “the first American gun confiscation effort since Lexington and Concord,” or some variation on that theme. Although tax dollars will be meted out in an effort to incentivize volunteers, the policy is to confiscate AR-15s, the vast majority of which have been legally purchased by Americans who have undergone background checks and never used a gun for a criminal purpose.
The “mandatory gun buyback” exemplifies the impracticality and absurdity of do-somethingism (although Biden’s proposal to ban “magazines that hold bullets”—so most guns—is also a contender!). Democrats want to turn millions of otherwise law-abiding citizens into criminals overnight for refusing to adhere to a law that retroactively transforms the exercise of a constitutional right into a crime.
And they do it without any evidence that it would curtail rare mass shootings or save lives.
emocrats are going after guns for two reasons. First, since the advent of the big-government Democrat Party under President Franklin D. Roosevelt, they have increasingly opposed people having arms with which they might most easily defend themselves against government overreach.
After imposing the NFA and GCA, primarily to restrict guns particularly useful for defensive purposes, Democrats in the late 1970s and 1980s supported campaigns to get handguns banned. In 1986, when most members of the House of Representatives were not present, Democrats snuck into the otherwise favorable Firearms Owners’ Protection Act an amendment banning newly manufactured fully-automatic firearms. In 1989, they began campaigning to ban various semi-automatic firearms. Democrats also signed amicus briefs supporting the District of Columbia’s handgun ban in Heller.
Second, midway through the Obama administration, “progressives” decided to use “guns” as a core issue around which to rally their voter base.
Also:
Democrats claim that the Supreme Court never considered the Second Amendment to protect an individual right to arms before Heller. To the contrary, the court did so in U.S. v. Cruikshank (1876), Presser v. Illinois (1886), Miller v. Texas (1894), U.S. v. Miller (1939), and U.S. v. Verdugo-Urquidez (1990). Heller was only the first case in which the court was asked specifically to state whose right the amendment protects.
But you can argue about gun rights if you want to – here are some suggestions how – but I prefer the threat of the total political destruction of those who would betray us. That’s not because our arguments are weak – our arguments are ironclad – but because arguments mean nothing anymore, since the goal of the gun grabbers is not enacting good policy. If it were, they wouldn’t be targeting law-abiding citizens like us. Nor would they have tolerated decades of bloodbaths in every Democrat big city. They would have unleashed the cops to bust the drug-dealing, gang-banging scumbags who wander about loose today because the liberals in charge simply do not care about scores of dead inner-city citizens.
There’s no good faith argument to be had because our gooey elite, supported by the Ahoy Division of Fredocon submissives eager to once again receive their ration of establishment table scraps, don’t care about facts or reason. They already have their objective and they aren’t going to let bourgeois conceits like “evidence” and “rights” get in their way.
They want power, and they want to demonstrate their power over those knuckle-dragging cisgender Jesus people who work for a living, like you, by taking away a right that is central to your conception of yourself as an American citizen. Guns represent your power to protect yourself and your family, and your power to remove a tyrannical government. Taking that from you allows them the delightful opportunity to rub your face in your own submission, and it puts you in your place. Oh, and there’s also the practical value of depriving you of the power to remove a tyrannical government, since that’s what the elite aspires to enact. Disarmed, you are at their mercy and, as the history of left-wing governments teaches, they have none for such as you.
San Francisco’s government goes full retard, declares the NRA a “terrorist organization.” You can probably smell the lawsuits from here, assuming that’s not just homeless feces…
No idea should be as discredited as the irrational fear of too many people, yet this Malthusian temptation has somehow managed to avoid the stigma it deserves. The belief popularized by [Paul] Ehrlich, that the planet has a finite “carrying capacity” and that we’re currently running up against it, has justified some of the most abhorrent episodes of state-sponsored bigotry and eugenics since the end of World War II. The United States, in cooperation with groups like the International Planned Parenthood Federation, justified the sterilization of low-income Native American and Puerto Rican women through population control hysteria. In the developing world, the goal of ensuring “sustainable” population levels led organizations like the World Bank to create incentives for voluntary sterilization and punishments for larger families. The campaign went so far as to include the USAID-backed dissemination of untested and potentially hazardous contraceptive devices in 60 developing countries.
Ehrlich has a habit of being wrong. He claimed that the average American lifespan would decline to just 42-years-old by 1980. In 1970, he predicted that “the death rate will increase until at least 100-200 million people per year will be starving to death during the next ten years.” That same year, he warned that “all important animal life in the sea will be extinct” by 1980. At least 4 billion people, including 65 million Americans, would perish in what he dubbed “the great die-off” between 1980 and 1989. “By the year 2000 the United Kingdom will be simply a small group of impoverished islands, inhabited by some 70 million hungry people,” Ehrlich said in 1971. The Stanford Professor evinces no contrition about his errors. “As I’ve said many times,” he warned as recently as last year, “‘perpetual growth is the creed of the cancer cell.’”
Though the population controllers have not altered their diagnosis or recommendations in the last 40 years, the world around them has changed dramatically. Between 1981 and 2008, 700 million people emerged from extreme poverty even as the world’s population increased by 48 percent. The elimination of subsistence living is no longer a utopian prospect but an attainable goal. Global life expectancy grew by 5.5 years between 2000 and 2016, with the gap between the sexes remaining stable. Global food production has risen to meet demand, and the number of people suffering from undernourishment declined by half between 1960 and 2008. Deaths attributable to global conflict have declined to proportional rates almost unknown in human history. This revolution in human existence is a product of two conditions: the triumph of the market over its socialistic alternatives in the last decades of the 20th century and the increasing number of people who participate in that market, augmenting the incentives associated with innovation and growth.
“A Very Fast, Very Safe, Very SLIMM Nuclear Reactor.” Thorium molten salt design. Would like to see how a working prototype of this compares to comparable prototypes of fast integral reactions and pebble bed designs. (Hat tip: Scott Adams on Twitter.)
Thanks to Venezuela, FARC is back. Because why feed your people when you can back a fellow communist terrorist organization instead? You submitted this to FARK with a funnier headline. (Hat tip: The Other McCain.)
Has actor Jared Leto formed a cult? Sure seems so. I was unaware he was in a band called 30 Seconds to Mars, I only know him (by reputation) as the Joker in Suicide Squad. Since I just saw Once Upon a Time in Hollywood, I’d rather keep cult leaders away from Margot Robbie…
Behold the killing fields that lie before us: Bob Dylan (78 years old); Paul McCartney (77); Paul Simon (77) and Art Garfunkel (77); Carole King (77); Brian Wilson (77); Mick Jagger (76) and Keith Richards (75); Joni Mitchell (75); Jimmy Page (75) and Robert Plant (71); Ray Davies (75); Roger Daltrey (75) and Pete Townshend (74); Roger Waters (75) and David Gilmour (73); Rod Stewart (74); Eric Clapton (74); Debbie Harry (74); Neil Young (73); Van Morrison (73); Bryan Ferry (73); Elton John (72); Don Henley (72); James Taylor (71); Jackson Browne (70); Billy Joel (70); and Bruce Springsteen (69, but turning 70 next month).
A few of these legends might manage to live into their 90s, despite all the … wear and tear to which they’ve subjected their bodies over the decades. But most of them will not.
Music concerts and the film industry are really the last media institutions that still require an audience to turn up en masse in a single location to consume its product. No wonder Hollywood relies on the fumes of Marvel and DC comic books, plus midcentury franchises such as James Bond, Star Trek, Star Wars, Mission: Impossible and Brit-lit such as the Lord of the Rings, the Narnia franchise and Paddington to keep itself alive. No wonder rock music as a whole already has one foot in the grave.
In other words, the last remaining universally known products of mass media are getting very old and their freshness sell-by dates have long expired. And there’s no mass media left to create something that strikes a sufficiently universal chord in either rock music and Hollywood to influence the zeitgeist any longer. Rock music has arguably already given way to rap as the most popular genre of American teenagers. Hollywood could be in deep trouble if the public turns away from superhero and sci-fi franchises the same way that moviegoers abandoned the musical as a genre in the late 1960s. It’s not like either industry hadn’t seen these trends coming, and they will each be “riding the gravy train” for as long as possible, as Roger Waters (age 75) would say. But for both, the end of the line may be in sight.
A teapot tempest example of Our Stupid Media’s incompetent mendacity. Appellate lawyer Leif Olson resigned from the Labor Department on August 30, less than four hours after Bloomberg Law asked the department for comment on a Facebook conversation that referenced anti-Semitic tropes. The posts Bloomberg Law referenced had been making fun of anti-semites, which was clear from context, but Bloomberg Law spun them as antisemitic, Because Trump. Now Olson has rejoined the agency, but Bloomberg Law still hasn’t apologized for a lying smear job.
Wonder where Austin’s “Let the homeless do whatever they want, wherever they want, except in front of the city council building” plans lead to? Watch this.
I won’t stop , the gov of CA and his liberal ideology ruined my business.. I decided to close the doors today. I can’t do it anymore and I’m irate. Sincerely , a hard working self built self employed California business owner. pic.twitter.com/ydT28sQCYn
(Crap, just before I clicked publish on this, this Tweeter set their account to private. It was a video of a Sacramento business owner talking passionately about how she was leaving because she had gotten tired of removing the needles and washing the poo and pee off the sidewalk in front of her business every day, and how the patrons of her hair salon literally had to step over homeless people to get in.)
A frustrated California woman took to Twitter on Friday to blast governor Gavin Newsom’s disastrous policies that have created a desperate homeless problem. The woman – who goes by @Jesus_porvida on Twitter – was clearly upset as she posted a video detailing why she may be forced to close the doors of her business.
I have had a business in downtown Sacramento for 15 yrs, a successful business. I now have to leave my place of business. I have to close my shop.
Later tweets show pictures of the woman’s shop after the most recent in a series of break-ins, a break-in that apparently was the last straw for the Sacramento are hair stylist.
I have to clean up the poop and pee off my doorstep. I have to clean up the syringes. I have to politely ask ppl who I care for – I care about the homeless – to move their tents out of the way of the door to my business. I have to fight off people who push their way into my shop that are homeless and on drugs because you won’t arrest them for drug offenses. I have to apologize to my clients as to why they can’t get into my door because there’s somebody asleep there bc they’re not getting the help they need.
I talk to police offers. They told me to contact you. They want to do something and they can’t because you changed the laws. So I wanna know what you’re gonna do for us, the ones that are unhappy. You wanna make us a sanctuary state. You wanna make it comfortable for everybody except for the ppl that work hard and have tried their hardest to get along in life and now we have to change that because of your laws.
She shredded Newsom’s “liberal ideology” as the cause for the current chaos that forced her to close the doors of her business.
While you sit in your million dollar home you don’t have to look at what we have to look at; there’s hard working people who have to deal with this on a daily basis. What are you going to do for us?
I won’t stop , the gov of CA and his liberal ideology ruined my business.. I decided to close the doors today. I can’t do it anymore and I’m irate. Sincerely , a hard working self built self employed California business owner.
Austin City Council is spending a record-high $62.7 million this year to try and solve homelessness, equivalent to giving roughly $28,000 to each homeless person in the city. But the more startling fact is that Austin officials are leading the city down the same dangerous path San Francisco has already journeyed—a path Austinites should be wary not to travel.
Before peering down the road toward Austin’s future, let’s look around for a moment at the crisis happening right now in Texas’ capital city. The homeless population is rapidly rising, up 5 percent a year for the last two years; the number of those unsheltered on the streets is the highest it has been in nearly a decade. And you may have even noticed people camping in the middle of public areas all across town, thanks to a recent decision by the city council that has spread contention throughout the community.
We already know city council’s plan to solve this whole problem is to spend a lot of money, but instead of just writing a $28,000 check to each homeless person, they’re sending pallets of tax dollars through a cash-eating maze of city administration and bureaucracy, hoping that a fraction of it eventually comes out the other side to the people on the streets.
Will that plan work? Enter San Francisco, the potential Austin-of-the-future.
If you look just past the shiny Golden Gate Bridge, you’ll see one of the worst homelessness disasters in the United States. The Bay City has recently become infamous for homeless crime, used syringes, and human feces littering the entire downtown area (the city even has a designated “Poop Patrol”).
San Francisco’s city government created a bold plan to solve everything, a plan Austin is now following: Spend lots of citizens’ money.
From 2016 to 2020, their city government will have spent over $1.5 billion on homelessness. If you do the math of that four-year spending based on the current homeless population of 9,784, that’s over $153,000 on each person.
Yet despite San Francisco’s mind-boggling payouts per person, the situation for those on the street—and the rest of the city—has only deteriorated.
Indeed, the homeless population has grown by nearly 7 percent in just the last two years (and 14 percent since 2013), with the vast majority of those new homeless being hometown folks. Oh, and the dangerous turmoil on the streets downtown has only intensified.
Here’s a piece on volunteers having to clean up the historically black Walnut Creek Cemetery because homeless people have started camping there. (Homeless people camping in cemeteries is a problem Seattle started to have after they stopped enforcing laws against homeless camping.)
Some more tweets:
As much as I love Texas, right now thanks to Austin I’ve never been more embarrassed in all my life. This is what Austin’s City Council and the Mayor have turned Austin into. A homeless shelter for all the homeless. This is allowed. Are you fucking kidding me? pic.twitter.com/2Ofpm8TYgU
Not gunna lie. This one’s my favorite: The Pallet Palace. No building permit needed. They’re building their own housing at this point. 183/Braker. #austinhomeless
@austintexasgov also, these folks in the encampments are not supposed have stuff that can’t fit in a plastic bag. Seriously, they have trash everywhere, stolen bikes, solar panels, hammocks, etc under there! Wtf!?! Clear out immediately!!! #ATXCouncil#austinhomelesspic.twitter.com/H7K2yOEA1p
Austin will re-examine its new rules governing homelessness, according to a memo released Friday.
The memo sent to the City Council on behalf of Austin’s Homelessness Strategy Office says the city could abandon its idea to make space for emergency encampments in every City Council district.
The office said after meeting with the Downtown Austin Alliance, the Greater Austin Crime Commission, service providers, public safety officials and the city’s newly formed Homeless Advisory Committee, it is prepared to limit where people can camp and sit or lie down in public – as well as limit how long a person can camp or rest.
The City Council voted to scale back rules on that behavior in June, allowing people to rest or camp in public as long as they didn’t do so on city parkland, completely obstruct a sidewalk, or present a public health or safety risk to themselves or others. The decision was met with pushback from Austinites who argued the new rules allowed for more visible encampments throughout the city.
Here’s an idea: How about they just restore the ban on public camping?
This is more than infuriating: “Kentucky Judges Pre-Signed Blank Legal Documents So That Child Services Could Take Custody of Kids on Nights and Weekends.” (Hat tip: Instapundit.)
No sooner did I put up my own piece on jihad in the Sahel than the BBC published this extensive piece about the same subject, including how jihadists came to Mali in the wake of Obama’s supergenius intervention in Libya.
The religious extremists imposed strict sharia law. In Timbuktu and beyond, they smashed shrines built for Sufi mystics, burned manuscripts and destroyed ancient artefacts.
The priceless texts would have all been lost had it not been for the old guardian families who protected what they could.
Tuaregs and Islamists disagreed over the way their new state of Azawad should be run and began to fight each other.
The government asked for foreign military help and the former colonial power France answered the call.
French troops arrived in January 2013 and were joined by African forces. Within a month, they had driven the violent extremists out into the desert and retaken the River Niger towns.
Plus the usual UN fecklessness. Read the whole thing.
Denmark’s main leftwing party realizes that uncontrolled, unassimilated immigration hurts the poor. “For me, it is becoming increasingly clear that the price of unregulated globalisation, mass immigration and the free movement of labour is paid for by the lower classes.”
So that botched Houston drug raid is looking even more botched, as forensic evidence shows the people in the house they wrongly targeted didn’t even fire their weapons at police, and all police gunshot wounds were inflicted by other officers. It seems like just about every aspect of the raid was a lie. At this point, it seems like some rogue HPD cops straight-up murdered Dennis Tuttle and Rhogena Nicholas for reasons nobody has yet been able to identify.
Speaking of infuriating abuses of power: “San Francisco Police Go After Journalist Who Revealed Public Defender’s Affair, Overdose.”
State district judge rules Houston Proposition B unconstitutional. That was the one to give firefighters pay parity with police officers, and one Houston mayor Sylvester Turner was fighting tooth and nail.
Why people die in Houston car accidents. A whole lot of “Pedestrian failed to yield to vehicle,” failure to drive in one lane” and “failure to control speed,” plus the usual smattering of alcohol. (Hat tip: Kemberlee Kaye.)
Is Democratic congresswoman Rashida Tlaib a terrorist sympathizer? Well, here’s evidence from five of her closest friends, so you can judge for yourself:
Wow! @Israel_Advocacy breaks bombshell story on the closest friends & campaign staff of @RashidaTlaib, whom she thanked & affiliates w/ publicly. Explicitly pro-terror content, calls to violence such as "kill all zionists," bragging about meetings w/ terorrists in prison, & more. pic.twitter.com/qBSgzCK29I
Atheist visits places in America his fellow liberals forgot about, and finds not only a sense of place, but an abundance of faith:
When I first went to the Bronx, I expected that the people there, those most affected by the coldness and ruthlessness of the world, would share my atheism. Instead, I found a strong belief in the supernatural, and a faith that manifested in many ways, mostly as a belief in the Bible.
Everyone I met there who was living homeless or battling an addiction held a deep faith. Street walking is stunningly dangerous work, and everyone has stories of being cut, attacked, and threatened, or stories of others who were killed. Everyone has to deal with the danger. Few work without a mix of heroin, Xanax, or crack. None without faith. “You know what kept me through all that? God. Whenever I got into the car, God got into the car with me.”
There are dirty Bibles in crack houses, Qur’ans in abandoned buildings. There is a picture of the Last Supper that moves with a couple living on the streets. Rosaries, crucifixes, and religious icons are worn for protection and good luck. Pages of the Bible are torn out, folded up, and kept in pockets, to be pulled out and fingered nervously, or read over in times of stress, or held during prayers.
Hot take: “Ha ha! Gene Simmons of KISS at the Pentagon! Stupid Trump!” Deeper take: As part of a military outreach program, to talk about how his mother, a concentration camp survivor who recently died at age 93, loved America and teared up watching the TV sign-off flag. “America is the promised land. For everybody.”
When I removed Creeping Sharia from the blogroll because it was no longer up, I didn’t realize that it had just been deplatformed by WordPress. (Hat tip: A comment from regular blog reader Howard.)
A property owner spent nearly 5 years and $1.4 million trying to convert his laundromat into new housing in San Francisco’s Mission district, only to find that city’s far left political establishment hates letting new housing be built.
And they wonder why San Francisco has a homeless problem…