Congratulations on surviving the first 1/6th of 2024! The Big Guy is exactly who we knew he was all along, Houston police screw up, some big crime stories, Wayne LaPierre is found guilty, and the world’s saddest Oompa Loompa. It’s the Friday LinkSwarm!
“Remember when Joe Biden told the American people that his son didn’t make money in China?” asked Oversight Committee Chairman James Comer (R-KY) in a video posted to X. ““Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check.”
Today, a U.S. District Court issued its final judgment in Texas v. Garland, which was a challenge to the U.S. House’s proxy voting rule under the Quorum Clause of the Constitution. In its final judgment, the Court concluded that U.S. House members must be physically present for their vote to comply with the Constitution’s Quorum Clause. Attorneys from the Texas Public Policy Foundation argued the merits at trial in January of this year.
The lawsuit was originally filed with the State of Texas in response to Congress’ unlawful passage of the $1.7 trillion omnibus spending bill in December 2022. The U.S. Constitution requires a quorum, or a majority, of House members to be physically present for the U.S. House of Representatives to conduct business. As less than half of the members were present when the legislation was passed, with the rest voting by proxy, this legislation never should have passed, and the president should not have signed it.
“This meticulous, 120-page opinion was written after a full trial on the merits,” said TPPF senior attorney Matt Miller. “The Court correctly concluded that the Consolidated Appropriations Act of 2023 violated the Quorum Clause of the U.S. Constitution because a majority of House members was not physically present when the $1.7 trillion spending bill was passed. Proxy voting is unconstitutional.”
This basically says that every bit of that $1.7 trillion spending was unconstitutional, along with any laws, etc. passed in that omnibus. Just how do you back out all that money that’s been spent, assuming this is upheld?
Record meth bust in Eagle Pass. “The U.S. Customs and Border Protections (CBP) have seized six and a half tons of methamphetamine, over 13,000 pounds, at the Eagle Pass Port of Entry, making it the largest ever seizure in a single enforcement action.”
Mitch McConnell announced on Wednesday that he will step down as the Senate Republican leader in November, ending his tenure as the longest-serving Senate leader in history.
“This will be my last term as Republican Leader of the Senate,” the 82-year-old veteran of the chamber said to his colleagues on the Senate floor. “I’m not going anywhere… It’s time for the next generation of leadership.”
He’ll leave the senate when his term ends in 2027. You can condemn him as the ultimate swamp creature, or praise him for his effectiveness at things like getting Trump’s Supreme Court picks confirmed. It’s two sides of the same coin. I’m not sure he was as effective as Trent Lott or Howard Baker.
Houston Police Department Chief Troy Finner called it a “dark day” at a press conference for the Houston Police Department, announcing that 4,107 adult sexual assault cases were wrongly closed without investigation.
A case management code “suspended for lack of personnel” was used, which led to closing the cases without actually investigating them.
Finner said he was first made aware the code even existed in 2021 and instructed HPD’s special victims division to stop using the code; however, he found out on February 7, 2024 that it continued. HPD first began using the code in 2016.
He said he immediately ordered a review of all cases suspended using this code dating back to 2016, which will take at least 30 days to complete. While the number of cases they have today is 4,017, he says it is “fluid and subject to change.”
60 Minutes gets to enjoy some of that vibrant Muslim diversity in Sweden to the sides of their faces.
60 Minutes goes to Sweden to make a heart warming special about diversity, but see a different situation, then this happens. pic.twitter.com/oUd2ZuJ0RV
“After five days of deliberations, a jury in New York on Friday held the National Rifle Association liable for financial mismanagement and found that Wayne LaPierre, the group’s former CEO, corruptly ran the nation’s most prominent gun rights group. The jury determined that LaPierre’s violation of his duties cost the NRA $5,400,000, though he already repaid roughly $1.5 million to the organization.” Here’s the thing: While they prosecution was unquestionably politically motivated, LaPierre did run a crooked ship. In the long run, forcing Wayne and his corrupt cronies from office has done the NRA a huge favor.
Argentine President Javier Milei just ended his country’s budget deficit in nine weeks. If Trump and the Republicans manage to control both houses of congress next year, there’s no reason they can’t balance the budget…assuming they have the will.
“Austin Fire Department Chaplain Dismissed for Comments on Transgender Athletes Sues for Free Speech Violation. A chaplain for the Austin Fire Department was dismissed from his position after expressing beliefs on his personal blog about protecting women’s sports.”
After a volunteer chaplain of the Austin Fire Department (AFD) was fired for posting on his personal blog that men and women are biologically different and should not compete against each other in sports, a lawsuit was filed in an effort to protect his rights to free speech and religious freedom.
The Alliance Defending Freedom said in a press release that it filed a motion Tuesday on behalf of Dr. Andrew Fox, who served in a voluntary capacity as chaplain for AFD before he was dismissed in 2021.
Unlike APD, AFD public and union leadership has been infected by social justice. Dr. Fox appears to have a very strong case on viewpoint discrimination grounds.
White TV host tries to race-bait Jerry Seinfeld for hosting “mostly” white male comedians on his show. It doesn’t go well for him.
“Florida Gov. Ron DeSantis (R) signed a bipartisan bill into law authorizing the release of grand jury transcripts from an investigation into Jeffrey Epstein. The new legislation, signed by the Florida governor on Thursday, will allow a public release of the jury’s transcripts from the 2006 probe into Epstein’s abuse of underage girls. The new measure goes into effect July 1.”
Weird Austin crime story: “Prominent local businessman arrested in Austin, accused of arson.”
A prominent Austin businessman and founder of Continental Automotive Group, or CAG, was arrested Thursday on charges of Felony Arson and a State Jail Felony offense of Burglary.
Dorsey Bryan Hardeman, 75, is accused of starting a fire at a downtown Austin building on Sunday, according to an arrest affidavit.
According to Travis County court records, Trey Collins with the Minton, Bassett, Flores & Carsey firm has been retained as the attorney representing Hardeman. Sam Bassett told KXAN the office has just begun its work and “it is premature to comment. However, we will provide Mr. Hardeman an appropriate and vigorous defense.”
The affidavit said the Austin Fire Department responded to a building fire at the former Mellow Johnny’s Bike Shop on 400 Nueces St. on Feb. 25.
Once the fire was contained, fire investigators determined the incident to be incendiary and found metal shavings on the ground below the door suggesting the door lock had been drilled out, records state.
The affidavit states fire investigators watched video surveillance from the building, which showed an older man entering the building with a red container consistent with a plastic gas tank.
Multiple cameras inside the building show a man pouring liquid from the red container and dropping multiple matches on the ground, the affidavit said.
Records show the man arrived at the location in a white 4-door Mercedez SUV.
Investigators interviewed the owner of Mellow Johnny’s Bike Shop who told AFD Hardeman was the owner of the property next door and had previously asked about purchasing the property at 400 Nueces St.
This is not what people refer to as “the perfect crime.” (Hat tip: Dwight.)
Remember Morgan Spurlock’s Supersize Me? It turns out McDonalds didn’t destroy his liver, a decade of alcoholism did.
The Biden recession and other trends made 2023 a horrible year for startups.
“Big startups are shutting down. According to PitchBook, more than 3,000 private venture backed startups failed in the last year.”
“Of the startups raising money, 19% were funded at a lower valuation than in prior funding rounds.”
“38% of VCs disappeared from dealmaking last year and more than a quarter of a million workers at tech companies were laid off over the same period.”
“US corporate bankruptcy filings closed out 2023 with the most filings since 2010. The year has been described as a mass extinction event for startups in the press.”
Some of the startup failures Boyle namechecks (Hyperloop, Bird) seemed like stupid ideas from the git-go. “Bird the electric scooter rental company—which was also supposed to reinvent public transportation—filed for chapter 11 bankruptcy protection. It was the fastest startup to ever land a billion-dollar valuation, and at its peak was worth two and a half billion dollars. It was delisted from the New York Stock Exchange in September after failing to maintain a market cap of above $15 million dollars for 30 consecutive days.”
“Who would have thought that renting scooters to drunk people for a dollar (who would then throw them in a canal on their way home) would be a money losing business? Bird ran up more than $1.6bn in net losses since 2018 before finally running out of money.”
Smile Direct Club: $8.9 billion valuation at 2019 IPO. “The stock fell in value over time as the company proved to be unprofitable year after year. The company shut down last month $900 million dollars in debt.”
One I never heard of: “The health tech startup Olive AI which reached a peak valuation of $4 billion dollars in 2020 driven by the need for automation in healthcare during the pandemic. The company raised over 900 million dollars from investors. In 2022 the company began laying off staff citing ‘tough economic conditions.’ The company was allegedly trying to raise money when it abruptly shut down in November. Going out of business in 2023 was particularly surprising for a company with AI in its name.” Indeed, AI seems to be the current space where stupid money goes to die.
Another one I never heard of: Zume.
No.
“Zume – the robot pizza delivery company which had raised $445 million dollars in VC funding, the majority of which came from SoftBank in 2018 at a two and a quarter billion-dollar valuation, shut down this summer.” Stupid, but at least I can see why California companies would invest heavily in food automation with that $16 (and rising) minimum wage.
WeWork “set out to revolutionize office real estate – by having an app – which I’m told didn’t work very well, and free beer on tap filed for bankruptcy in November.” I’ve covered WeWork previously.
“WeWork and its founder Adam Neumann were the poster boys of how a blitzscaled business model led by a charismatic founder could apply a veneer of technology to an old business idea and attract venture capital funding to achieve a multibillion dollar valuation.”
“At its peak, WeWork was valued in private markets at $47 billion dollars. Softbank alone invested 16 billion dollars into the company. Masayoshi Son, SoftBank’s founder, allegedly invested his first $4.4 billion dollars in the shared office space company after Neumann gave him a 12-minute tour of a WeWork in 2016. With such a short tour, it’s unlikely that the free beer even had an impact.”
“Softbank – run by Masayoshi Son (Japan’s Cathie Wood) was one of the biggest startup investors in the last decade. They invested in all sorts of non tech companies that were made to look like tech in order to attain a sky-high valuation. According to Bloomberg, the SoftBank Vision Fund alone lost $53 billion dollars over the last two years on startup investments.”
“We have seen a very difficult period for startups over the last year or two, but it comes in the wake of probably the best period for VC backed startups in decades. During the decade from 2011 to 2021 VC investment in private start-ups grew more than sevenfold, from 46 billion dollars in 2011 to $345 billion dollars in 2021.”
“In 2022 when the federal reserve began hiking interest rates, this money began drying up as investors lost their taste for unprofitable, but high growth, investments.”
That investment boom was driven by two things: Low interest rates and “a recent history of profitable exits from VC funded startups like Facebook, Google, Whatsapp and Snap meant that investors were suddenly paying a lot of attention to tech startups – hoping to repeat those successes.”
“Venture capital went from being a small asset class run out of offices on Sand Hill Road that had burned investors in the dot com bubble to a massive global asset class like hedge funds or private equity.”
The Flu Manchu lockdowns brought investment from “‘working from home’ companies like Zoom and Peloton.” I always thought of Peloton as a lifestyle luxury brand.
“People were using apps like Uber and DoorDash for food delivery, and booking rentals on Airbnb to get out of big cities now that they no longer had to turn up in the office.”
“While the prior wave of profitable high growth tech stocks had been (one way or another) in the advertising space, or in businesses like cloud computing, the new wave of startups had untested business models—gig economy businesses which attracted a lot of competition and might never flip to profitability—or robot-made pizza which would be cooked on route to a customer’s home.”
“A lot of the VC’s possibly believed in many of the questionable investments that have since gone bust, but a venture capital fund isn’t really there to hold on to these investments until the underlying business flips to profitability. They invest at the idea stage with the goal of selling these businesses on to the public when the hype is at its peak.”
“They did manage to unload a number of the biggest flops like WeWork – but not at the valuations they were hoping for, and have found themselves holding the bag on a lot of investments that they bought into at peak valuation.”
“The huge valuations many of these companies were attaining in the private market may have been more of a function of how much money had flowed into the private tech startup market since 2011 rather than necessarily reflecting the quality of these companies and their business models.”
“According to Erin Griffith at The New York Times, $27.2 billion dollars in VC funding had gone into the 3,200 venture-backed companies that went out of business in the first 11 months of 2023.” And that’s just the firms trackable on PitchBook. The true total is almost certainly higher.
“That 27.2 billion dollar number excluded many of the largest startup failures that went public, like WeWork, or that found buyers at much lower prices than VC investors had invested at.”
“The hype around AI that we have seen in the last year has masked a lot of the losses in the tech space.”
“Meta was up 178 percent last year due to a combination of AI hype and cost cutting within their core business. This covers up the 46.5 billion dollars lost on the Metaverse – which no one will venture into, for fear that they run into Mark Zuckerberg.” I strongly suspect that a lot of those VR losses are actually money siphoned off for something else.
Despite this, stocks like Meta, Microsoft and Nvidia have hit all-time highs.
“One of the negative economic effects of startup shutdowns is that in such an environment it becomes harder for founders with good business ideas to get funding.”
“According to PitchBook, the number of active investors in US Venture Capital, which was defined as firms that made two or more deals in the last year, plummeted by 38% in the first three quarters of 2023 compared to the same period the prior year.”
Many of the startup failures were zombie companies, those that should have failed earlier but were kept alive by VC money and low interest rates.
“No one wants to see firms going out of business, especially startups which are often the most exciting and innovative firms, but if a business model makes no sense, or only works in a zero-interest rate environment, then its disappearance means that capital can again flow in the direction of the best businesses.”
The startup bust has direct negative effects on me personally, as I’m still between technical writing positions, and a lot of the jobs I’ve gotten over the past two decades have been with startups.
Lockheed Martin just assembled the 1,000th F-35, making it one of the most widely produced and successful modern fighters ever. Here’s a pretty good video busting various myths about the F-35.
“There are more F-35s in the world today than there are all other stealth aircraft ever built by all nations combined.”
“There are more F-35s on the deck of the USS Tripoli in this single picture than there are stealth fighters in all of Russia.” Eh, supposedly Russia has managed to finally get 20 Su-57s into service, which matches the 20 plane test deployment of the F-35Bs to the Tripoli. But it’s Russia, so several shakers of salt are in order.
“The F-35 lightning II is the seventh most widely operated fighter on the planet. This program began with nine nations involved in its development, but today its list of buyers has stretched all the way to 17.”
“In the past last few years, F-35s have accumulated some 773,000 hours in the sky spread out across 469,000 sorties.”
The F-35 had a troubled development cycle, but pilots love the finished product.
They “make older fourth generation fighters significantly more capable just by flying nearby, thanks to their incredible degree of sensor fusion and the data they can securely transmit to other aircraft flying in the vicinity.”
Myth #1: “All they do is crash.” “This is an excellent example of a combination of recency and availability biases. F-35s seem as though they crash often because there are so many of them in the sky on on any given day.”
“The truth is, the F-35 is actually the safest modern fighter ever developed. If you go back and look at the crash data of the F-35 during its first 12 years of service, as compared to the A-10, F-15, F-16 or F-22, you’ll find that the F-35 has a significantly better track record.”
“By this point in the A-10 service life, 9% of its airframes had already been lost in accidents. By this point in the F-16’s, that number was 13%. But today, the F-35’s loss rate is about 1%.”
Myth #2: “The F-35 is too expensive top operate.” “There really used to be something to this. As recently as 2016, it was reported that F-35s cost an average average of about $67,000 per hour to operate.”
The Air Force and Lockheed Martin have been driving this number down. By “2023, that operating cost had been reduced by more than 80%, down to right around $28,000 per hour. That’s only a little bit more than an F-15.”
Myth #3: “The F-35 can’t dogfight.” “First of all it probably shouldn’t. It was designed to operate like a sniper.”
“Most of the claims that say it can’t dogfight stem from a 2015 report published by War is Boring about an F-35a squaring off in a duel against a block 40 F-16d, and in that fight the F-16 definitely came out on top.” The problem is, the F-35 in that match was literally the second F-35 ever built.
“It didn’t have the vast majority of combat systems F-35s fly with today, including the helmet and electro-optical targeting system that allows F-35 pilots to target enemy aircraft without having to point the nose of the jet directly at them, as well as the F-35’s radar absorbance skin that would limit the F-16’s ability to get a radar lock on its opponent.”
“And to make matters even worse, that particular F-35 was flying with software restrictions on board that prevented the pilot from pushing the airframe too hard, limiting it to under 7g maneuvers, a restriction the F-16 obviously didn’t have.”
“The F-35 was forced to fly with both wings tied behind its back and it ended up losing against one of the most prolific dogfighters in history.”
“Most pilots say they’d still rather avoid that by taking out the enemy before they ever even know it’s.”
Myth #4: “The U.S. has already spent more than $1.7 trillion on the F-35.” That’s only the projected cost over the entire lifetime of the program.
Myth #5: “The F-35 has abysmal readiness rates.” There’s some truth to this, as readiness rates sit at 55%. But a big reason is the F-35 repair depot infrastructure hasn’t been fully built out yet. That’s supposed to be finished in 2027. “At which point the F-35’s readiness rates are expected to jump across the force to just about comparable with the F-15 and F-16.”
It’s not all roses: The F-35 has significant delays and cost overruns for the Tech Refresh 3 upgrade. “That will provide a 37-fold increase in onboard computing power 20 times the onboard data storage, and new double redundant display processors with five times the power to give the pilots far more situational awareness than ever before.”
“And Tech Refresh 3 is really just an appetizer that will lead to the Block 4 upgrade, which will be such a massive massive increase in capability that I have long argued the Block 4 F-35 deserves its own designation.”
“This new version of the F-35 will have a newer, even more advanced onboard radar that’s rumored to use Gallium Nitride transmit and receive modules that will dethrone the F-35’s current AN/AGP-81 radar as the most advanced and powerful radar ever affixed to a fighter.”
Plus new weapons and a bump from four to six internal weapons slots.
“Air Force secretary Frank Kendall has already stated plainly that in the future Block 4 F-35s will be flying with their own AI enabled drone wingmen, just like the sixth generation fighters in development today, Meaning the F-35 really will be a bridge to the sixth generation of fighter.” As in everything related to AI, the devil is in the details.
Like other modern fighter development programs, the F-35 has had its teething problems, but there’s no nation in the world that wants to face one in combat…
Hey, remember that whole “Sam Altman fired as CEO/reinstated as CEO of OpenAI” thing a couple of weeks ago? Here’s the archive story.
Sam Altman was reinstated late Tuesday as OpenAI’s chief executive, successfully reversing his ouster by the company’s board last week after a campaign waged by his allies, employees and investors, the company said.
The board would be remade without several members who had opposed Mr. Altman.
“We have reached an agreement in principle for Sam to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo,” OpenAI said in a post to X, formerly known as Twitter. “We are collaborating to figure out the details. Thank you so much for your patience through this.”
The return of Mr. Altmanand the potential remaking of the board, capped a frenetic five days that upended OpenAI, the maker of the ChatGPT chatbot and one of the world’s highest-profile artificial intelligence companies.
“i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together,” Mr. Altman said in a post to X. “with the new board and w satya’s support, i’m looking forward to returning to openai, and building on our strong partnership with msft.”
OpenAI’s board surprised Mr. Altman and the company’s employees on Friday afternoon when it told him he was being pushed out. Greg Brockman, the company’s president who co-founded the company with Mr. Altman and others, resigned in protest.
The ouster kicked off efforts by Mr. Altman, 38, his allies in the tech industry and OpenAI’s employees to force the company’s board to bring him back. On Sunday evening, after a weekend of negotiations, the board said it was going to stick with its decision.
But in a head-spinning development just hours later, Microsoft, OpenAI’s largest investor, said that Mr. Altman, Mr. Brockman and others would be joining the company to start a new advanced artificial intelligence lab.
Nearly all of OpenAI’s more than 700 employees signed a letter telling the board they would walk out and follow Mr. Altman to Microsoft if he wasn’t reinstated, throwing the future of the start-up into jeopardy.
Four board members — Ilya Sutskever, an OpenAI founder; Adam D’Angelo, the chief executive of Quora; Helen Toner, a director of strategy at Georgetown’s Center for Security and Emerging Technology; and Tasha McCauley, an entrepreneur and computer scientist — had initially decided to push Mr. Altman out.
Well, here’s Patrick Boyle to provide some context:
A few takeaways:
There are two OpenAIs: “The non-profit OpenAI, Inc. registered in Delaware, and its for-profit subsidiary OpenAI Global, LLC.”
Musk was an early, and big, investor in the non-profit. “The founders pledged over one billion dollars to the venture, but actually only contributed around $130 million dollars- the majority of which came from Elon Musk.”
When he felt OpenAI was falling behind in 2018, he wanted to take over OpenAI himself. When the board rejected that, he resigned and took future pledged money with him, which blew a huge hole in their budget. (Whatever you think of Musk, I don’t think not being busy enough is his problem.)
Then came the for-profit doppelganger.
“The profits being capped at 100 times any investment.”
“The company explained this decision saying, ‘We need to invest billions of dollars in the coming years into large-scale cloud compute, attracting and retaining talented people, and building AI supercomputers.’ This transition from nonprofit to for-profit required OpenAI to balance its desire to make money with its stated commitment to ethical AI development.”
“This unconventional structure meant that Open AI had a board of directors, which in theory controls the entire corporate structure (which includes the charity and the capped profit company) – but which unlike other boards is not accountable to shareholders. The directors are in fact not allowed to own any stock to prevent a conflict of interest, because they are specifically not supposed to be aligned with shareholders.”
“The companies operating agreement – to investors – says – in writing: ‘It would be wise to view any investment in OpenAI in the spirit of a donation, with the understanding that it may be difficult to know what role money will play in a post-AGI world.’ Documents like this – that were written by an actual lawyer – highlight the problems we are starting to see from the combined popularity of science fiction in Silicon Valley and widespread microdosing of hallucinogens.”
“In the real world, where the role of money is reasonably well defined, Open AI is an unprofitable company and is expected to need to raise a lot more money over time from investors like Microsoft, to keep up with the high costs of building more sophisticated chatbots.”
“Despite this lack of profitability, the company is valued by investors at 86 billion dollars, and Bloomberg reported last weekend that ‘some investors were considering writing down the entire value of their OpenAI holdings to zero.'”
“Former colleagues would have an open door to follow and join a new AI unit, according to Microsoft chief Satya Nadella. As much of a win as this might have appeared for Microsoft (people were saying that they had managed to buy the hottest AI firm for zero), this might not have been the optimal outcome for them, as they would likely have had to deal with antitrust regulators and lawsuits from other Open AI investors.”
“The majority of Open AI’s 700 or so employees signed an open letter to the board demanding that the board resign and that they rehire Altman. The letter stated that the board had told the employee leadership team that allowing the company to be destroyed ‘would be consistent with the mission.’ The employees said that unless their demands were met, they would resign from Open AI and join the new subsidiary of Microsoft being headed up by Altman and Brockman.”
“You have to wonder what the employee contracts at Open AI look like that the entire staff could leave to work for a major investor in the company leaving Open Ai as an empty shell.”
“Typically, executives like Altman would have contracts that prevent them from hiring away key staff once they are no longer at the firm, and staff would have signed NDA’s preventing them from taking any technology with them.”
“The OpenAI story is a bit of a crazy one, where Microsoft and a number of other sophisticated investors agreed to put billions of dollars in, and employees got stock grants, all at an $86 billion valuation, without the contractual or fiduciary rights that investors might normally expect.”
Rival Anthropic has a similar structure.
“Bad corporate governance has been a growing issue particularly in Silicon Valley where companies like Google, Facebook and Snap structured their IPO’s such that founders were left with unchallenged power to do almost anything that they want.” Google and Facebook are garbage companies, but there are some scenarios where only founders can keep the company on a long-term vision rather than goosing quarterly profits (Jobs at Apple comes to mind).
Warren Buffet has a similar mechanism (A shares of stock only he controls) to keep control of Berkshire Hatheway.
“Since you are buying shares of companies in perpetuity, leadership who are not accountable to shareholders can take value destructive paths without answering to anyone. Meta’s Reality Labs division, which houses its efforts to build the metaverse, has lost around $46.5 billion dollars since 2019. Would Mark Zuckerberg have been able to waste this much money if he was accountable to investors?” I have a fairly strong suspicion that division is being used to hide all sorts of shenanigans.
Boyle is deeply suspicious of “stakeholder capitalism” as opposed to the old-fashioned, profit-maximizing kind.”
The thing missing from this summary, and all the coverage of the story I’ve seen, is why Altman was originally let go, and none of the principals involved seem to be talking about it…
Congratulations! You’ve successfully made it to the last month of 2023! Give yourself a cookie!
I’ve spent most of today getting my latest book catalog ready to send out, so I’m probably going to have to break this LinkSwarm into two parts. This part: More Biden corrupton evidence, Big Brother wants all your tweets, Jihadi gets stabby in Ireland, and a couple of fairly notable political deaths.
A bank money-laundering investigator expressed serious concerns about a transfer of funds from China that ultimately trickled down to President Biden in the form of a $40,000 check from his brother, James Biden, according to an email obtained by the House
Biden received a $40,000 personal check from an account shared by his brother, James Biden, and sister-in-law, Sara Biden, in September 2017 — money that was marked as a “loan repayment.” The alleged repayment was sent after funds were filtered from Northern International Capital, a Chinese company affiliated with the Chinese energy firm CEFC, through several accounts related to Hunter Biden and eventually down to the personal account shared by James and Sara Biden.
Northern International Capital sent $5 million to Hudson West III, a joint venture established by Hunter Biden and CEFC associate Gongwen Dong on August 8.
On the same day, Hudson West III then sent $400,000 to Owasco, P.C., an entity owned and controlled by Hunter Biden. Six days later, Hunter Biden wired $150,000 to Lion Hall Group, a company owned by James and Sara Biden. Sara Biden withdrew $50,000 in cash from Lion Hall Group on August 28 and then deposited the funds into her and her husband’s personal checking account later that day.
On September 3, 2017, Sara Biden wrote a check to Joe Biden for $40,000.
We all know that if Trump did something remotely close to this, he’d already be in prison.
Special Counsel Jack Smith demanded information on Twitter users who liked or retweeted former President Donald Trump’s tweets leading up to the January 6 riot, according to a heavily redacted search warrant and other documents released Monday.
Smith’s comprehensive search warrant sought the 2024 Republican presidential primary front-runner’s search history, direct messages, and “content of all tweets created, drafted, favorited/liked, or retweeted” by his account from October 2020 to January 2021.
The special counsel also demanded a list of all devices used to log into Trump’s then-Twitter, now X account, as well as information on users who interacted with the then-president in the months leading up to Jan. 6, 2021, the court filings show.
Among the information Smith sought were lists of all Twitter users who “favorited or retweeted” Trump’s tweets, “as well as all tweets that include the username associated with the account” in “mentions” or “replies.”
The special counsel also requested a list of every user Trump “followed, unfollowed, muted, unmuted, blocked, or unblocked” and a list of users who took any of the same actions with Trump’s account during the aforementioned timeframe.
“There is no benign or reasonable justification for that demand,” wrote former FBI agent/whistleblower Steve Friend on X.
Henry Kissinger, the legendary diplomat who played a central role in advising Presidents Richard Nixon and Gerald Ford on foreign policy, died at his home in Connecticut late Wednesday at age 100.
Kissinger was the only person to simultaneously be secretary of state and hold the position of White House national-security adviser. In 1973, he shared the Nobel Peace Prize with Le Duc Tho for their work in brokering the 1973 Paris Agreement ending America’s involvement in Vietnam.
Kissinger was born in Germany in 1923. Three months before Kristallnacht, his family fled, bound for New York City. Kissinger served in the Army during World War II and was assigned to the 84 Infantry Division, voluntarily staying behind at the Battle of the Bulge to reportedly conduct “hazardous counter-intelligence duties” while also “making good use of his German.”
Kissinger was a key Cold War figure as Secretary of State, and one who doesn’t deserve all of the extensive condemnation he receives (for different reasons) from left and right, nor the hosannas of praise he received from the mainstream media during is heyday. The instantly betrayed peace treaty with North Vietnam (the won he won the Nobel Peace Prize for) was shameful, but LBJ’s incompetence and Washington elite failure of nerve probably doomed South Vietnam before Kissinger even got to the negotiating table. The opening to China was a brilliant move to counter the Soviet Union at the time, and helped usher in a brief period of economic and political liberalization that has now been almost completely undone. SALT1 and the ABM treaties were violated by the Soviet Union before the ink was even dry.
Kissinger was at his best down deep in the intricacies of face-to-face diplomacy, and played a key role in negotiating details after the Yom Kippur War. Indeed, Kissinger’s goal of stabilizing the Middle East (at least as far as preventing another major Arab-Israeli War) was met.
Kissinger was ultimately wrong for favoring detente over rollback, but that preference was also emblematic of the Washington foreign policy establishment of the time, and it would take Ronald Reagan’s election in 1980 to set America on the right course (and the Soviet Union to the dust-heap of history).
Sandra Day O’Connor dead at 93. Eh, she wasn’t the worst Republican appointee to the Supreme Court.
Irish riot over illegal alien stabbing spree against children. Rioting is bad, mmkay, but Irish citizens, like those across the rest of the EU, are tired of the enforced consensus for allowing unassimilable Islamic immigrants to cross the border and immediately apply for the welfare rolls.
Not just Ireland. “‘We are here to stab white people’: Teen killed, 16 others wounded in French village after migrant gang reportedly descends on winter ball.”
High prices and “lot rot” are doing CarMax in. Not to mention the Biden recession…
There’s already been a lawsuit filed against Meta by Richard Kadrey, Sarah Silverman and Christopher Golden over using their material for training AIs, but there seems to be no mention of pirated books or book3.
The fact that Meta is not only training AI on author’s works without their permission, but using pirated copies to do so adds insult to injury.
And probably additional monetary damages from the resulting lawsuits.
I expect the latest piracy revelations to lead to whole host of new lawsuits…
If you were worried that the United States military hadn’t picked up on the importance of drone warfare in the Russo-Ukrainian War, it appears that someone in the Pentagon was indeed paying attention.
The Pentagon committed on Monday to fielding thousands of attritable, autonomous systems across multiple domains within the next two years as part of a new initiative to better compete with China.
The program, dubbed Replicator, was announced by Deputy Defense Secretary Kathleen Hicks, speaking at the National Defense Industrial Association’s Emerging Technologies conference here.
“Replicator will galvanize progress in the too-slow shift of U.S. military innovation to leverage platforms that are small, smart, cheap and many,” Hicks said.
Hicks and Vice Chairman of the Joint Chiefs of Staff Adm. Christopher Grady will oversee the program, with support from Doug Beck, director of the Defense Innovation Unit. Further details, Hicks said, will be released in the coming weeks.
Replicator rests on two assumptions. The first is that China’s core advantage is mass — “more ships, more missiles, more people,” as Hicks said — and that the United States’ best response is to innovate, rather than match that pound for pound.
The second is that attritable, autonomous systems are the right form of innovation. Hicks pointed to the war in Ukraine, in which cheap, often commercial drones have proven indispensable on the battlefield for reconaissance, targeting, and attacks. Russia too, she said, appeared to have a similar mass before launching its invasion last February.
However, this program is squarely focused on China. Hicks called this moment a “generational challenge to American society.”
”We’ll counter the [People’s Liberation Army’s] mass with mass of our own, but ours will be harder to plan for, harder to hit, and harder to beat,” she said.
Even so, Hicks noted the Pentagon will remain focused on its core systems. “America still benefits from platforms that are large, exquisite, expensive, and few,” she said. Instead, she said, Replicator is particularly focused on accelerating DoD’s recent investments in autonomous systems.
Replicator’s goal of fielding small drones in high numbers and on a rapid timeline echoes calls from former DIU director Mike Brown for the Pentagon to better leverage commercial innovation to deliver capability at scale — an approach he called a “hedge strategy.”
House appropriators have backed that idea in their fiscal 2025 defense spending bill. The legislation would allocate $1 billion toward establishing a DIU-managed hedge portfolio made up of low-cost drones, agile communication and computing modes and AI capabilities.
The Department of Defense requested $1.8 billion for artificial intelligence for fiscal 2024 and was overseeing more than 685 related projects as of 2021. Replicator is intended to pull those investments together and further scale production, Hicks said.
Insert your own hedge funds and Skynet jokes here.
The strategy makes a good deal of sense…up to a point. The fast and cheap portion makes a lot of sense, given Ukraine’s use of dirt cheap flatpack cardboard drones we talked about earlier this week.
It’s the out of control/autonomous portion of description, combined with the aggressive timeline, that I question. As far as I can tell, all of Ukraine’s drones have been human guided rather than autonomous.
Lots of work on AI has been done over the last few years, and its entirely possible that AI drone tech is farther along than we know, but having been involved in numerous large software projects for multiple companies, I can tell you things always seem to take longer than they should even when the federal government isn’t involved. Long term, having autonomous or semi-autonomous drone will give you a lot of extra capabilities, but I’m very skeptical about that two year timeline.
Also, unless we plan to launch those drones from Taiwan itself, I’m skeptical that we’ll have suitable naval launch platforms ready. Flying a few drones off the deck of destroyer is easy, flying thousands for a real drone swarm is probably impossible. You don’t want to try running drone and manned planes off fleet carriers at the same time.
Can you run them off an amphibious assault ship? Probably, as a temporary expedient, but that’s going to limit your helicopter and F-35B takeoff and landing windows. Longer term, you’re probably going to need to construct ships designed with specialized launchers to send a whole lot of drones in a short space of time.
San Diego tries enforcing the law, a sampler of the lies Obama told about his life, Blade-Runners take on Big Brother’s cameras, a nuke rises in Texas, and a Cthuloid horror swims the chilly waters of Antarctica. It’s the Friday LinkSwarm!
San Diego tries “this one weird trick” to deal with homeless problem: Enforcing the law.
Police began enforcing San Diego’s controversial new camping ban Monday, and although officials said they’ve so far focused only on Balboa Park, the new ordinance combined with other enforcement of laws long on the books has already made notable changes in the encampment landscape.
The “Unsafe Camping Ordinance” allows officers to force people off public land if they’re sleeping within two blocks of a school, shelter, trolley station, waterway or park “where a substantial public health and safety risk is determined.”
Capt. Shawn Takeuchi, head of the city’s neighborhood policing division, said his five-member team did arrest several homeless people Monday by Balboa Park, but only for existing warrants.
Others were given a warning, he said. If any of the same people are found illegally camping a day later, they’ll get a ticket even if they’ve moved locations.
Nobody in Balboa Park accepted offers for shelter Monday, the captain added. Enforcement will continue to focus on schools and parks in the near future, and officials declined to say where the team might move next.
Do you think Austin’s government might start enforcing the city’s camping ban? Of course not. Then how are they supposed to rake off the graft? (Hat tip: Instapundit, who offers some takeaways worth highlighting:
1. The homeless respond to policy and incentives like anyone else. The mere announcement of a future camping ban (plus some enforcement of other existing rules) rapidly cleared out major problem areas.
2. The provision of shelter or housing is neither necessary nor sufficient to accomplish these clear-outs. Of the people asked to leave Balboa Park on the first day of enforcement (issuance of warnings), none accepted offers of shelter.
3. The NGOs that have colonized the homeless problem have neither the incentive nor the knowledge to solve it. The head of one shelter was confused by the magical disappearance of his potential clients. “Where did they go?”
There is a fascinating passage in Rising Star, David Garrow’s comprehensive biography of Barack Obama’s early years, in which the historian examines Obama’s account in Dreams from My Father of his breakup with his longtime Chicago girlfriend, Sheila Miyoshi Jager. In Dreams, Obama describes a passionate disagreement following a play by African American playwright August Wilson, in which the young protagonist defends his incipient embrace of Black racial consciousness against his girlfriend’s white-identified liberal universalism. As readers, we know that the stakes of this decision would become more than simply personal: The Black American man that Obama wills into being in this scene would go on to marry a Black woman from the South Side of Chicago named Michelle Robinson and, after a meteoric rise, win election as the first Black president of the United States.
Yet what Garrow documented, after tracking down and interviewing Sheila Miyoshi Jager, was an explosive fight over a very different subject. In Jager’s telling, the quarrel that ended the couple’s relationship was not about Obama’s self-identification as a Black man. And the impetus was not a play about the American Black experience, but an exhibit at Chicago’s Spertus Institute about the 1961 trial of Adolf Eichmann.
At the time that Obama and Sheila visited the Spertus Institute, Chicago politics was being roiled by a Black mayoral aide named Steve Cokely who, in a series of lectures organized by Louis Farrakhan’s Nation of Islam, accused Jewish doctors in Chicago of infecting Black babies with AIDS as part of a genocidal plot against African Americans. The episode highlighted a deep rift within the city’s power echelons, with some prominent Black officials supporting Cokely and others calling for his firing.
In Jager’s recollection, what set off the quarrel that precipitated the end of the couple’s relationship was Obama’s stubborn refusal, after seeing the exhibit, and in the swirl of this Cokely affair, to condemn Black racism. While acknowledging that Obama’s embrace of a Black identity had created some degree of distance between the couple, she insisted that what upset her that day was Obama’s inability to condemn Cokely’s comments. It was not Obama’s Blackness that bothered her, but that he would not condemn antisemitism.
Snip.
Perhaps the most revealing thing about Jager’s account of her fight with Obama, though, is that not one reporter in America bothered to interview her before David Garrow found her, near the end of Obama’s presidency. As Obama’s live-in girlfriend and closest friend during the 1980s, Jager is probably the single most informed and credible source about the inner life of a young man whose election was accompanied by hopes of sweeping, peaceful social change in America—a hope that ended with the election of Donald Trump, or perhaps midway through Obama’s second term, as the president focused on the Iran deal while failing to address the concerns about rampant income inequality, racial inequality, and the growth of a monopoly tech complex that happened on his watch.
The idea that the celebrated journalists who wrote popular biographies of Obama and became enthusiastic members of his personal claque couldn’t locate Jager—or never knew who she was—defies belief. It seems more likely that the character Obama fashioned in Dreams had been defined—by Obama—as being beyond the reach of normal reportorial scrutiny. Indeed, Garrow’s biography of Obama’s early years is filled with such corrections of a historical record that Obama more or less invented himself. Based on years of careful record-searching and patient interviewing, Rising Star highlights a remarkable lack of curiosity on the part of mainstream reporters and institutions about a man who almost instantaneously was treated less like a politician and more like the idol of an inter-elite cult.
Snip.
Progressive theology is built on a mythic hierarchy of group victimhood which has endured throughout time, up until the present day; the injuries that the victims have suffered are so massive, so shocking, and so manifestly unjust that they dwarf the present. Such injuries must be remedied immediately, at nearly any cost. The people who do the work of remedying these injustices, by whatever means, are the heroes of history. Conversely, the sins of the chief oppressors of history, white men, are so dark that nothing short of abject humiliation and capitulation can begin to approach justice.
It goes to say that nothing about the terms of progressive theology is original. It is the theology of Soviet communism, with class struggle replaced by identity politics. In this system, Jews play a unique, double-edged role: They are both an identity group and a Trojan horse through which history can reenter the gates of utopia.
Read the whole thing to see all those facts about Obama that the media ignored…including his fantasies about having sex with men.
Members of the IPCC, such as Pedro Moura-Costa (above) and Gareth Philips, had major conflicts-of-interest. They owned, created and/or worked for businesses — such as Ecosecurities and SGS Forestry — that would directly profit from the report’s conclusions.
In fact, the IPCC panel members’ companies were positioned to earn millions of dollars from the report. But the mainstream media did not report these conflicts and instead piled on the “global warming” and “carbon offset” bandwagons.
Solar energy portal Ecotopia reported that members of the IPCC “…had vested interests in reaching unrealistically and unjustifiably optimistic conclusions about the possibility of compensating for emissions with trees… [and] should have been automatically disqualified from serving on an intergovernmental panel charged with investigating impartially the feasibility and benefits of such ‘offset’ projects.”
According to accounts of four people with knowledge of the situation, M. Kaleo Manuel, a Native Hawaiian cultural practitioner and DLNR’s deputy director for water resource management, initially refused West Maui Land Co.’s requests for additional water to help prevent fires from spreading to properties managed by the company. Manuel eventually released water but not until after the fire had run its course.
His office has not yet commented on the delay of water resources.
How much damage could have been prevented with the extra water is not yet known. However, the question of “Why?” needs to be addressed in the wake of one of the worst natural disasters in Hawaii’s history. Though bureaucratic red tape might be the most obvious suggestion, a recent interview with M. Kaleo Manual offers some interesting and disturbing insight. Manuel waxes philosophical on “water equity” (“equity” being a pervasive woke buzzword) and an ancient “reverence” of water as god-like. He uses these beliefs to support his rationale for keeping tight controls over Hawaiian water supplies; not as a resource to be used, but as a holistic privilege offered by the government.
Economist who named BRICS says the idea of a common BRICS currency is “embarrassing.”
“It’s just ridiculous,” [Lord Jim O’Neill] told the Financial Times in an interview on Monday. “They’re going to create a BRICS central bank? How would you do that? It’s embarrassing almost.”
The economist spoke ahead of the 15th BRICS summit next week, where the nations will meet to decide whether to expand membership to other countries and may also float the idea of the common currency.
The following story was related to me by a former Governor of Minnesota, who was of Norwegian descent. A number of years ago, a Norwegian dignitary (the Prime Minister, I think) visited Minnesota. Talking to our governor, the Prime Minister tut-tutted about Minnesota’s crime rate, saying that there was much less crime in Norway. Minnesota’s governor replied, “We don’t have a crime problem with our Norwegians, either.”
That anecdote came to mind when I read, in the London Times, “Sweden’s slide from peaceful welfare state to Europe’s gun-killings capital.”
Today, Sweden is Europe’s capital of gun homicide. Last year, according to the Swedish national council for crime prevention, 63 people were shot and killed: more than double the European average and, per capita, multitudes higher than London or Paris.
… The effect on Swedish society has been striking. As well as the lives lost, the violence has brought down a government, changed laws and policies, and become the biggest talking point in a country that once prided itself on its reputation as a peaceful welfare state.
Violent crime will do that, although, to be fair, Sweden’s homicide rate is considerably lower than ours. But it is now significantly higher than homicide rates in quite a few other European countries, including Norway. Why is that? Have Swedes suddenly started getting violent? No.
It has also kicked the hornet’s nest of integration. Today, one fifth of all people living in Sweden were born outside the country.
Dow Chemical is planning to build a small nuclear reactor to power their plant in Calhoun County. Good for them. The TRISO-X fuel they’re using sounds like it will be a pebble bed reactor design.
“Target Sales Dipped in Last Quarter Due to Pride Backlash.”
Meta, AKA “The Artist Formerly Known As Facebook,” announced that they just lost $21 billion on their Reality Labs division, AKA the Metaverse, AKA the worst virtual reality environment since January 2022.
Meta’s second-quarter earnings showed that Reality Labs, its virtual and augmented reality development business, has lost a staggering $21.3 billion since January 2022 — and executives warned the bleeding will only get worse.
The unit recorded $276 million in Q2 sales this year — down from the $339 million it drew in during Q1, underscoring how VR and AR technology has yet to infiltrate the mainstream.
The losses were wider than analysts expected, though CFO Susan Li suggested in the report that Meta will continue to invest in the tech, which is used to power the metaverse.
“For Reality Labs, we expect operating losses to increase meaningfully year-over-year due to our ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem,” Li wrote.
Just last month, Meta unveiled its Quest 3 headset for $499, which Mark Zuckerberg touted as “the first mainstream headset with high-res color mixed reality,” though it’s unclear how successful the tech has been so far.
Hint: Not at all.
Just how do you lose $21 billion? That’s a burn rate of over a billion a month. You could hire a mountain of developers and engineers for that money, maybe 100,000 or so of them even at California salary rates. Wikipedia (usual caveats apply) says Occulus only had 17,00 employees in 2022. Meta only paid $2 billion to acquire Occulas (which became Reality Labs) in the first place. Hell, you could fund over 200 startups at $100 million a pop, and it would still be more likely for any one of them to be profitable than Reality Labs.
Usually you have to be a politician to lose that much money. I wonder if Reality Labs losses might be covering up losses in other divisions. Or if the money is getting siphoned off to somewhere else entirely…
Earlier this month, Meta found itself on the defense in a copyright infringement lawsuit filed by stand-up comic Sarah Silverman and authors Christopher Golden and Richard Kadrey, who alleged that Meta’s artificial intelligence-backed language models were trained on illegally-acquired datasets containing the authors’ work.
The suit against Meta points to the allegedly illicit sites used to train LLaMA, the ChatGPT competitor the company launched in February.
Naturally, anything involving large corporations ripping off science fiction writers attracts my attention, and I used to bump into Kadrey back when I was on the SF con circuit. The same firm is also suing on behalf of Paul Tremblay and Mona Awad.
There probably needs to be some sort of regulation on how much AI generated content can come from any particular living creator. If I feed an AI all of Paul McCarthy’s songs, and ask it to produce a new one based on those, is it copyright infringement?
I suspect a number of lawyers are going to be getting a lot of money off AI in the near future…
Relatively cheap, quickly deployed swarms of autonomous drones are probably going to be a major factor in short- to -medium-term warfare. There will probably be (at least) two different types of autonomous drones: Suicide drones for hard targets like tanks, and anti-personnel drones using light weapons. The later could either return to base, or just fall to the ground for later retrieval and refurbishment when their fuel or power run out.
Both will pick out targets using AI.
I’m not much interested in the central question posed by the following video (are drone swarms technically WMDs), mainly because China doesn’t give a rat’s ass about international law. But it shows a variety of different drones being developed in various countries:
Speaking of China, here’s a short video on China deploying drones via a MRLS:
The advantages of functional drone swarms for armored or naval warfare should be obvious. If you can kill a $10 million Abrams or Type 99 tank and crews with a $100,000 drone, that’s a clear win. Whether such drones can overcome current active protection systems like Trophy is an open question. And Germany’s Rheinmetall just released a video of an anti-drone platform shooting some down:
The problem, of course, is that their system hasn’t demonstrated any autonomous mode, and real battlefield drones will probably quickly adopt a variety of evasive maneuvers rather than hovering nicely in a row to be shot.
Welcome to the AI drone arms race. Make your own SkyNet jokes in the comments below.
