Posts Tagged ‘Cornell’

LinkSwarm For February 13, 2026

Friday, February 13th, 2026

Happy Friday the 13th, everyone! Good job numbers drop, a court win for Trump on deportations, more California fraud, more Chinese researchers stealing secrets, and the cure for global warming is global warming.

It’s the Friday LinkSwarm!

  • Naturally, a week after I blog about the “no hire, no fire” economy, it comes out that the economy added 130,000 in January, the most since December 2024. “However, the report shows the U.S. only added 181,000 jobs in 2025.” And the numbers for previous months keep getting revised downwards.

    As I’ve said before, I’ll believe we’re out of the Biden Recession when I have a job again…

  • “Appeals Court Upholds No-Bond Detention Of Illegal Aliens In Huge Win For Trump.”

    Petitions for Habeas Corpus to release illegal aliens from detention, or at least grant them bond hearings, have overwhelmed the federal courts, with most district court judges who have ruled on the subject siding with the detained aliens. It was the practice of prior administration from both parties to grant bond hearings. But is it a legal requirement?

    A ruling by the 5th Circuit Court of Appeals, which covers critical border state Texas, has rejected the argument that a bond hearing and release is required by law. To the contrary, it held that the applicable legislation passed by congress does not require such bond hearings or release. That prior administrations did not exercise their full powers of detention under the law did not mean the present Trump administration could not do so, the court ruled.

    Another win for secure borders and the rule of law in the face of massive leftwing judicial resistance.

  • House passes GOP’s SAVE America Act.”

    The House of Representatives on Wednesday night passed the new Republican-led Safeguard American Voter Eligibility (SAVE) America Act, which requires individuals to present proof of citizenship to register to vote and requires Americans to show ID when voting.

    The House passed the legislation, which combined two bills, in a 218-213 vote. The bill saw little support from House Democrats, with Texas Rep. Henry Cuellar being the sole Democrat to join Republicans in passing the legislation.

    “It’s just common sense,” House Speaker Mike Johnson told reporters of the legislation. “Americans need an ID to drive, to open a bank account, to buy cold medicine, to file government assistance. So why would voting be any different than that?”

    Senate Democrats, of course, with the exception of John Fetterman, will do anything to prevent it from being passed. If they can’t cheat, they can’t win…

  • Stephen Green: California raked off $370M in taxpayer money to bankroll leftwing activism.

    1. Californians voted to fund youth drug prevention through the Cannabis Tax. Instead, $370M in revenue is bankrolling leftwing activism.
    2. The money flows through a single unelected nonprofit – The Center at Sierra Health Foundation’s Elevate Youth program.
    3. The Center has gotten rich off this arrangement – growing from $11.8M in 2018 to $197M in 2024. The CEO makes over $600K.
    4. The Center runs Prop 64 dollars through to a web of NGOs, including the Jakara Movement, Young Invincibles, and Asian Refugees United – for activism, organizing, and voter registration.
    5. This is not drug prevention – it’s a taxpayer funded pipeline from the governor’s office to leftwing political organizing.

    Snip.

    “The state does not pick who gets the grants,” CAL DOGE said. “The intermediary does, bypassing the rigorous procurement processes mandated for direct government contracts under the Department of General Services and State Controller oversight.”

    That’s a multimillion-dollar slush fund, in other words, in which tax dollars pass through to the well-connected for the purpose of maintaining Democrat control of the state. And, one presumes, lining pockets along the way —allegedly including Newsom’s:

    According to the California Fair Political Practices Commission’s Behested Payment Transparency Report (pg.19-20), in 2020 alone, Sierra Health Foundation was the third-largest payor of behested payments statewide at $14,747,724 and the single largest payee of behested payments statewide at $30,869,901 — payments Newsom solicited from private companies.

    “Newsom himself was the top behesting official in the state that year at $226.8 million total,” the report continued, “and Sierra Health Foundation ranked among his top three financial partners in the system.

    Scams all the way down…

  • “LA Taxpayers Spent $418 Million On Homeless Programs In 2025.”

    Los Angeles spent about $418 million on homelessness programs in 2025, yet only a small share went toward helping people leave the streets for good, according to the New York Post. A recent City Hall report suggests most of the money supports short-term services that manage homelessness rather than resolve it.

    The review, released as the city prepares major budget cuts, shows that hundreds of millions were directed to hygiene facilities, outreach teams, temporary housing, and vehicle-living programs with limited long-term success. These efforts often keep people in transitional situations instead of moving them into permanent homes.

    The Post noted that councilwoman Monica Rodriguez condemned the system, saying, “We’re hemorrhaging money on a homelessness system that was never designed to succeed — and no one is being held accountable for the failure.”

    She also argued that ineffective programs are protected instead of evaluated: “If we really wanted to do something about this crisis, we would be advancing real oversight, demanding results, and shutting down programs that don’t work — not protecting a system that keeps spending more while delivering less.”

    It’s not designed to end homelessness, its designed to line the pockets of the Homeless Industrial Complex and leftwing activists.

  • Indeed, California’s entire NGO funding structure is designed to avoid scrutiny.

    The money moves smoothly, the explanations pile up, and the ability to see end-to-end quietly disappears. The deeper the look went, the more consistent the pattern became. California doesn’t struggle to explain where the money goes. It has arranged things so the explanation never quite arrives.

    Snip.

    When the information is pulled in its entirety and organized outside the state’s presentation layer, the scope becomes impossible to miss. More than 1,100 vendors associated with humanitarian-related contracts. Roughly $8.8 billion flowing through them. Not scattered grants. Not pilot programs. An economy of vendors, operating continuously, funded at scale. The dashboard never highlights that universe. It doesn’t need to. It only needs to make seeing it difficult enough that most people never try.

    At the same time, at the federal level, the Small Business Administration acknowledged what everyone working in procurement already understands. Billions of dollars under review. Tens of thousands of entities flagged for potential fraud exposure. Large systems, large sums, limited verification, delayed audits. The numbers don’t have to match perfectly to rhyme. They already do. When separate data streams begin pointing toward the same structural vulnerabilities, the story stops being about isolated actors and starts being about architecture.

    Requests for clarity meet resistance long before they reach conclusions. Public records requests stall. Narrow questions expand into bureaucratic negotiations. Specific funding totals become “unavailable.” Amy Reihart’s experience in San Diego fits neatly into this rhythm. The data is said to be public, but pulling it cleanly proves elusive. The formal channels exist, but they lead nowhere quickly. What’s left is a familiar posture from the state: the information is technically available, practically unreachable, and always just one more step away.

    The same rhythm shows up in how California moves money on the ground. Childcare subsidies offer a clean example. In many states, the government pays providers directly. The path is short. Attendance aligns with eligibility. Eligibility aligns with reimbursement rates. Payments can be checked against records without heroic effort. In California, that line bends. Funds are routed through intermediary NGOs charged with administering the program. The state pays the intermediary. The intermediary interfaces with providers. Documentation flows inward. Payments flow outward.

    Following that path takes work. First, identify which NGO controls which geography. Then locate its audit filings, assuming they are current and complete. Then reconcile those filings with procurement records that are already difficult to interrogate. Only after that does the provider level come into view. Each step adds distance. Each handoff adds discretion. Sources describe monthly subsidy flows exceeding $1,400 per child with minimal verification. Whether every dollar is misused is unknowable from the outside. What is visible is how easily the structure absorbs misuse without producing alarms.

    That same opacity shows up beyond childcare. Walk through downtown Los Angeles and the conversations repeat. Not policy debates. Observations. Barbers, bartenders, people who work late and walk home early. The homeless system comes up unprompted. Everyone knows how much money moves through it. Everyone knows how little seems to change. Deliveries arrive at storefronts with no customers. Benefits circulate with minimal identification. Stories circulate about organized applications and quiet laundering through approved channels. None of this appears on a dashboard. It doesn’t need to. It lives in the gap between official narratives and daily experience.

    The system doesn’t rely on secrecy. It relies on diffusion. Money enters labeled as humanitarian assistance, housing support, community partnership. It passes through nonprofit layers that soften scrutiny and multiply explanations. By the time it reaches the ground, responsibility is spread thin enough that no single ledger tells the whole story. Each participant can point upward or downward and remain technically correct. Oversight exists everywhere in theory and nowhere in practice.

    Organizations operating at the intersection of activism and public funding sit comfortably inside this environment. The Solidarity Research Center in Los Angeles, connected to broader political networks, is one example drawing attention. Not because of slogans or mission statements, but because proximity to power and insulation from scrutiny tend to travel together. When funding, politics, and moral language overlap, questions are framed as attacks and audits become optional. The structure does the work long before anyone has to defend it.

    The contrast between damage and response is hard to ignore. Drive through the Palisades fire zone and the destruction remains visible. Burned properties. Long stretches untouched. The rebuild lags. The NGO signage does not. Clean placards promise recovery, resilience, and renewal, often paired with donation links. The messaging arrives faster than the materials. The branding arrives faster than the permits. Money is already being organized, even as the outcomes remain distant. It’s a familiar sight in California: urgency in fundraising, patience in results.

    None of this happens by accident. The systems are too consistent. The barriers appear in the same places. Presentation layers substitute for access. Intermediaries substitute for accountability. Requests for detail meet friction rather than answers. The result is a machine that keeps moving regardless of whether anyone outside it can explain how. For the people inside, it works. For the public, it produces impressions instead of records.

    (Hat tip: Director Blue.)

  • “Top 5 Takeaways From Georgia’s Suspect 2020 Election.”

    The report’s overview notes the beaming confidence of Georgia Secretary of State Brad Raffensperger on the morning after the election. Appearing on the Today Show, Raffensperger said a record 4.7 million Georgia voters cast a ballot in the election. More importantly, the secretary of state said only 2 percent of the ballots remained to be counted. Trump, at that time, led Biden by nearly 104,000 votes, seemingly more than enough for a Georgia win. Raffensperger, at the time, said about 94,000 ballots had yet to be counted.

    “We can see where the candidates are right now in both presidential, congressional, senatorial. When you look at how many votes are out there, even if one of the candidates got 100 percent it probably wouldn’t be enough to move it on way or another,” the elections official told the Today Show crew. He should know, the report notes. The secretary could see the numbers in real time through the state elections database.

    Raffensperger added that his office would wait until everything was done.

    When the dust settled, the confident secretary turned out to be very wrong. The final vote count — at least then — was an incredible 5.023 million. Between the time Fulton County’s polls closed on Election Day and the final ballot was tallied, the number of absentee ballots soared from 74,000 to more than 148,000, according to the report.

    Trump went from the verge of winning a key battleground state to losing it. Just like that.

    “At the time of this writing, no known explanation has been provided to justify” the surge in ballots, the report states.

    Snip.

    The number of absentee ballots counted doesn’t match the number of credited voters, the report notes. It draws from Fulton County and state records that show 148,318 ballots were counted in the 2020 election, although only 125,784 voters were recorded as casting an absentee ballot. That’s a difference of 22,534 votes between the absentee ballots tallied and the number of individuals given credit for voting.

    “Remember: the margin between President Trump and Joe Biden was 11,779 votes…and that was the THIRD certified number and didn’t match either of the first two counts….the counties could not get their numbers to match from the first count to the second to the third…..

    (Hat tip: Director Blue.)

  • Ukraine hit the Redkinsky Research Chemical Plant north of Moscow.
  • Ukraine hit the Volgograd oil refinery with drones.
  • Ukraine also hit Russia’s Ukhta refinery over 1,700 kilometers away from Ukraine.
  • Ukraine also hit a GRAU arsenal in Volgograd with multiple missiles. GRAU is the umbrella organization for Russian logistics.
  • While Russia has continued to eek out ever smaller territorial gains at high cost, Ukraine just liberated 100 square kilometers of territory in Huliaipole, Zaporizhzhia oblast. “Ukrainian forces have liberated the towns of Dobropillia, Pryluky, Olenokostiantynivka and part of Varvarivka in an assault south on the Zaporizhzhia Frontline.”
  • 6,000 Russian FPV drones destroyed in Rostov-On-Don, although the image supplied is a bit confusing.
  • U.S. murder rate hits lowest level since 1900.” “The national murder rate is likely to land near 4.0 per 100,000 people once the FBI releases finalized 2025 data later this year.” (Hat tip: Director Blue.)
  • Japan: “Prime Minister Sanae Takaichi attained a supermajority in the snap election,” quite possibly due to taking a hard line against immigration.
  • “Morgan McSweeney quits as Starmer’s chief of staff following Mandelson scandal.” (Previously.) McSweeney was also Starmer’s hatchet man in trying to silence anyone who disagreed with Keir Starmer, be it Jeremy Corbyn, Elon Musk or Donald Trump.
  • Global warming is fixing global warming.

    Scientists at the University of California, Irvine have discovered that climate change is causing nitrous oxide, a potent greenhouse gas and ozone-depleting substance, to break down in the atmosphere more quickly than previously thought, introducing significant uncertainty into climate projections for the rest of the 21st century.

  • Single neighborhood in Indianapolis has 250 trucking companies.
  • “Chinese scientists embraced by U.S. colleges worked with Chinese military-linked firms.”

    A recent watchdog report revealed that several top-ranked American universities have brought in Chinese academics who have links to Chinese military-linked technology firms like tech behemoth Huawei and other Chinese firms linked to the CCP’s state security endeavors.

    A conservative non-profit watchdog group, the American Accountability Foundation, reported that it found nearly two dozen Chinese academics working at elite U.S. schools and labs “who, because of the dual-use threat of their research, close ties to the military research sector in China, and/or clear ties to the Chinese Communist Party” and as such “should be expelled from the United States or never be re-admitted.”

    The new AAF report pointed out that multiple Chinese students working at American universities had previously collaborated on projects with researchers at Huawei, including working with researchers at the Internal Cybersecurity Lab at Huawei.

    Just the News also found that at least one of the Chinese academics had also worked at iFlytek — a similarly blacklisted Chinese company which often collaborates with Huawei. The U.S. National Security Commission on Artificial Intelligence stated in 2021 that “national champion” firms such as Huawei and iFlytek help “lead development of AI technologies at home” and “advance state-directed priorities that feed military and security programs.”

    Snip.

    The AAF report argued that Guangyao Chen “poses a high national-security and dual-use risk due to his expertise in adversarial machine learning” and that “this risk is amplified by his training at Peking University, PRC government funding, and collaborations with PRC universities and Huawei, placing his work squarely within China’s military-civil fusion ecosystem.”

    Chen currently appears to be affiliated with Cornell. The ResearchGate page for Chen says that his “top co-authors” include Lin Du, a researcher at Huawei. Chen appears to have conducted multiple research projects with the Huawei researcher. The Huawei scientist’s ResearchGate profile lists Du’s skills and expertise as being “computer vision,” “object recognition,” and “machine learning.”

    Snip.

    Meng Wanzhou, Huawei’s CFO and the daughter of the company’s founder, was arrested by Canadian authorities in December 2018 at the request of the U.S., indicted in the Eastern District of New York in January 2019, and charged with bank fraud and wire fraud as well as conspiracy to commit both, but was allowed to walk free by the Biden Administration in 2021 in a deferred prosecution agreement wherein she admitted violating U.S. law.

    Snip.

    Fengqui You, a Cornell professor, leads the Fengqui You Research Group at Cornell, which is “pushing the boundaries of systems engineering, artificial intelligence, and data science.”

    Chen is listed as a member and Fengqui You is listed as the principal investigator for the lab. You attended Tsinghua University, which the House Select Committee on the CCP has warned about. You did not immediately respond to a request for comment.

    Snip.

    The report by AAF said that Cen Zhang’s “prior work with Chinese entities and his influential role at Georgia Tech is highly concerning given the nature of computer science’s impact on U.S. national security.”

    Zhang co-authored a 2021 paper on “Practical Binary Fuzzing Framework for Programs of IoT and Mobile Devices” — related to security vulnerabilities for mobile phones and other smart devices — with co-authors Xiaoxing Luo and Miaohua Li from the Internal Cyber Security Lab at Huawei Technologies.

    Zhang has also conducted research with Hongxu Chen, who now lists himself as a lead engineer at Huawei, and who also went to Nanyang Technological University.

    Zhang’s personal curriculum vitae also says he was previously an algorithm and engine development engineer for iFlytek. Zhang says on his GitHub page that he won the “Best New Employee Award of Year” at iFlytek in 2017.

    The firm has long received state support and recognition from China’s government. The company was named a national “AI champion” by the Chinese Ministry of Science and Technology in 2018.

    The Commerce Department said in October 2019 that iFlytek was among more than two dozen Chinese entities added to a U.S. blacklist, saying they were “implicated in human rights violations and abuses in the implementation of China’s campaign of repression, mass arbitrary detention, and high-technology surveillance against Uighurs, Kazakhs, and other members of Muslim minority groups.” Liu Qingfeng, iFlytek’s founder and CEO, is also a deputy to the National People’s Congress, the CCP’s rubber-stamp national legislature.

    There are problems with how this piece is organized, but I wanted to capture the names (some of which are are already familiar) to keep track of them. At this point, any organization that hires a Chinese national for scientific research should assume they’re stealing data.

  • “Semiconductor industry on track to hit $1 trillion in sales in 2026.” (Hat tip: Ace of Spades HQ.)
  • Senators Ted Cruz and Katie Britt (Alabama) introduce the Community Bank Relief Act.

    The legislation raises the current $10 billion asset threshold that caps debit card fees for banks and index annually to inflation.

    Sen. Cruz said, “The Durbin Amendment was not designed for the current economic and regulatory reality and subjects community banks to fee limits that the original language intended for much larger institutions. My legislation modernizes the interchange fee cap to reflect inflation, helping small banks support local economies while lowering banking costs for Americans.”

    Sen. Britt said, “As we’ve seen in so many instances, countless regulations in the Dodd-Frank Act were not only onerous but set fixed thresholds that have become outdated over time, and the Durbin Amendment is no exception. The largest burden is on our smallest financial institutions who provide vital sources of credit to Main Streets that drive our local economies. This commonsense legislation would simply index, to both inflation and COLA, the outdated threshold in this provision of Dodd-Frank, ultimately providing relief for our community banks who were never intended to be burdened by this regulation.”

    Companion legislation was introduced in the House by Rep. Andy Barr (R-KY-6).

    Rep. Barr said, “The Durbin Amendment was sold as a win for consumers in the Dodd-Frank Act by Democrats. Instead, it’s hurt Kentucky’s community banks and credit unions that do so much for underserved communities by limiting their ability to grow and compete with larger financial institutions. I’m working with Senator Cruz to fix this — because Washington shouldn’t be picking winners and losers at the expense of our local banks and the families they serve.”

    This bill is supported by Americans for Tax Reform, Independent Bankers Association of Texas, and the Texas Bankers Association.

    Noted, not necessarily endorsed.

  • “New Organization Takes Aim at Texans for Lawsuit Reform.”

    A new political organization has launched with the stated goal of countering one of Austin’s most powerful and long-standing special interest groups.

    Republicans Against Texans for Lawsuit Reform, a 501(c)(4) organization, announced its formation this week. It is positioning itself directly against Texans for Lawsuit Reform (TLR), the influential tort reform group that has played a major role in Texas politics for decades.

    On its website, Republicans Against Texans for Lawsuit Reform (RATLR) accuses TLR of abandoning its original mission and becoming what it describes as a major player in the “Austin swamp.” The group argues that TLR, which began in the mid-1990s advocating civil tort reform, now prioritizes the interests of “big business, big pharma, and big insurance” over conservative policy outcomes and Texas citizens.

    RATLR also points to millions of dollars in political donations—including contributions to Democrats and Republican incumbents it labels as “RINOs”—as evidence that TLR wields outsized influence at the Texas Capitol.

    “Protecting big business, big pharma, and big insurance should never override protecting you, Texas’ citizens,” the group states.

    RATLR says it plans to focus on grassroots education and outreach, including speaking engagements with conservative groups across the state. The executive director is James Wesolek, the former communications director for the Republican Party of Texas.

  • So here’s a longish essay by Hugh Hendry on gold, Bitcoin and fiat money. I don’t necessarily agree with everything, but he has a provocative argument that creation of fiat money was justified to keep the entire economic system from breaking down.

    he defining monetary lesson of the twentieth century was not ideological. it was traumatic. it emerged not from debates about socialism versus capitalism, or keynes versus hayek, but from the lived experience of what happens when economic systems impose rigidity on societies already under extreme stress.

    after the first world war, germany was not a failed society. it was bruised, diminished, politically unstable, and deeply resentful, but it remained functional. industry existed. labour existed. institutions existed. the system was strained, not yet broken. the collapse came later, and it was not inevitable.

    versailles changed that.

    the treaty was not merely punitive. it was vindictive and economically illiterate. reparations were demanded in hard terms, payable in gold, at precisely the moment germany’s productive capacity was being constrained. forgiveness was absent. flexibility was absent. economic reality was ignored.

    when germany struggled to meet those obligations, the response was not renegotiation but enforcement. in 1923, french and belgian forces occupied the ruhr valley, seizing control of germany’s industrial heartland, its coal, its steel, its metal production, while still demanding gold payments to the allied victors. output was taken. gold was still required. rigidity was imposed from both ends.

    this was the breaking point.

    what followed was not ideological radicalisation in the abstract, but economic paralysis in practice. unemployment surged. production collapsed. a growing share of the adult population became economically useless. not inefficient. not underpaid. useless. idle. watching. waiting. that condition does not produce reflection or moderation. it produces rage. and hyper-inflation.

    hard money did not cause the collapse of weimar germany. but it failed catastrophically to absorb the trauma. and when institutions fracture under mass unemployment, money fractures with them. hyperinflation wasn’t softness. it was panic. it was the monetary expression of legitimacy evaporating in real time.

    that sequence mattered. and it was remembered.

    a decade later, the world faced another shock that threatened to replay the same pattern at a far larger scale. the crash of 1929 produced mass unemployment, collapsing demand, and the genuine possibility that the american system would follow germany down the same path. the ingredients were familiar: idle men, shuttered factories, political stress, and a rigid monetary framework that transmitted pressure rather than absorbing it.

    this time, the response changed.

    gold was abandoned as the governing constraint, not because it was immoral or discredited, but because it was brittle. too rigid to cope with systemic trauma. under gold, pressure concentrates until something snaps. under fiat, pressure disperses. elasticity replaced purity. monetary doctrine abandoned to keep the system intact.

    the response was ugly. it was unfair. it produced deserved anger. but it worked.

    the united states survived intact. unemployment was brutal, but the political centre held. extremism remained marginal. fiat didn’t heal the trauma, but it prevented it from metastasising. that became the lesson: in moments of economic shock, hardness accelerates entropy, while monetary elasticity buys time. and time, in stressed societies, is the difference between repair and collapse.

    this was not an argument against scarcity. it was an argument against rigidity in the wrong place, at the wrong time. fiat emerged not as an ideological triumph, but as an adaptive response to the catastrophic failure of hard constraints under conditions of mass unemployment.

    that distinction matters, because bitcoin did not arrive to overturn this lesson. it arrived long after, in its aftermath.
    fiat’s ugly success.

    over the subsequent century, that logic has been tested repeatedly, and each time it has been reaffirmed under pressure.

    the global financial crisis of 2008 was not a scare or a stress test. it was a system-wide cardiac arrest. the banking system was insolvent in any meaningful sense. the only open question was whether circulation could be restarted before institutional damage became permanent. the response was not elegant. rules were bent. balance sheets were expanded. losses were socialised. hard constraints were suspended to keep the system alive. it was ugly, unfair, and morally nauseating to me and many others. it also worked.

    the same pattern repeated during the pandemic. supply chains froze. borders closed. hospitals filled. the phrase “human extinction” escaped the laboratory and entered the bloodstream of culture. belief alone was enough to threaten collapse. once again, fiat leaned in. too much some say. money expanded. credit expanded. time was frozen. people were paid to stay home while the system was held upright. once again, rigidity was rejected in favour of elasticity. once again, the worst tail events were avoided.

    this is what fiat does well.

    it absorbs shocks that hard systems transmit. it disperses pressure instead of concentrating it. it allows societies to survive periods of mass dislocation without forcing immediate liquidation of people, institutions, or legitimacy. in a world repeatedly exposed to financial crises, pandemics, and geopolitical shocks, this has proven to be a feature, not a bug.

    elasticity, however, is not free.

    the cost shows up as inflation. not as a temporary inconvenience, but as a ratchet. prices spike, settle, and then remain elevated. grocery bills do not return to their old levels. this is the mechanical consequence of pushing risk forward in time. fiat smooths the present by borrowing from the future.

    this matters most for those without assets. for the disenfranchised, inflation is not a macroeconomic abstraction or a debate about models. it is a daily budgetary pressure. rent before wages. food before leisure. energy before dignity. when prices ratchet higher, there is no portfolio adjustment, no rebalancing, no clever hedge. there is only less room to breathe.

    modern financial systems are exceptionally effective at protecting those who already participate in them. the franchise holders. equities rise with nominal growth. property absorbs inflation and then some. credit, leverage, index-linked instruments, real assets, productive ownership. the menu is broad, liquid, and proven. elasticity doesn’t destroy capital for insiders. it often enriches them. asset prices inflate faster than wages precisely because the system is designed to keep capital mobile and solvent.

    the burden falls elsewhere.

    what inflation punishes is not thrift in some moral sense, but exclusion. money left idle because it must be. capital that cannot move because it does not exist. patience without agency. this is not a judgment about behaviour. it is a structural outcome. fiat rewards participation and mobility, not fairness. and over long periods of sustained monetary elasticity, that distinction compounds into something corrosive. something unfair.

  • The most amazing nature videos on the Internet.
  • Miss North Florida has her titled revoked after she won for refusing to proclaim that a man is a woman.
  • Tyler Hoover of Hoovie’s garage goes into deep detail on his car buying and business models. “I’m not that bright.”
  • “Democrats Counter With STEAL Act To Ban Voter ID.”
  • “Democrats Push For Death Certificates To Be Accepted As Voter ID.”
  • “Journalists Shocked To Be Laid Off From Obsolete Media Outlet That Loses $100 Million Annually.”
  • “Alarming Study Shows Average Somali High School Senior In Minnesota Committing Fraud At Just A 5th Grade Level.”
  • “Pharmaceutical Companies Wondering If They Should Develop Anti-Depressant Whose First Listed Side Effect Isn’t ‘SEVERE THOUGHTS OF SUICIDE.'”
  • “Researchers Confirm That During Childbirth, Women Feel Almost The Same Amount Of Pain A Man Feels When He’s Stuck Walking Behind A Slow Person.”
  • Verdict: Guilty but adorable.

    (Hat tip: Ace of Spades HQ.)

  • I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.





    LinkSwarm For June 12, 2020

    Friday, June 12th, 2020

    Riots! Guns! Social Justice Warriors! Animated police dogs! Today’s LinkSwarm is packed to its furry ears…

  • The fire this time:

    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.
  • Looters in California stole a forklift to break into stores.
  • When Democratic Party race-pandering backfires.
  • There’s previous little evidence that black lives matter to Democratic politicians:

    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.

    (Hat tip: Stephen Green at Instapundit.)

  • Secondary evidences suggest that the Wuhan Coronavirus was already ravaging Wuhan in September and October of last year.
  • Texas suffers a jump in number of Wuhan coronavirus cases reported. But is it real?

    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.

  • The Bonfire of Wokeness claims the founder and editor of feminist Refinery29. Remember, you can never, ever be woke enough…
  • Andrew Sullivan gagged for having non-PC thoughts. (Hat tip: Ann Althouse.)
  • Thou Shalt Not Criticise Black Lives Matter

    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.

  • Well, this is just great: “FCC failed to monitor Chinese telecoms for almost 20 years.”
  • Meant to post this last week: “Whitmer Lifts Stay-at-Home Order Now That People Need to Go Out and Riot.”
  • Canadian professor fired for pointing out that biological sex is real. (Hat tip: Instapundit.)
  • Social Justice Warriors at Cornell are trying to get Legal insurrection’s William Jacobson fired for #wrongthink.
  • You know what really sucks? Having your store looted. “They tell me ‘Black Lives Matter.’ They’re lying…I’m black, look what you did to my store.”
  • Black gun owners guard businesses to protect against looting in Minneapolis.”
  • Eleven times gun owners defended life and property.
  • The gun debate is over.

    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…
  • San Diego County government ordered hotels not to take guests unless they were “essential” workers. This strikes me as an unconstitutional taking…
  • Work privilege:

  • San Francisco’s mass transit agency announces it will no longer transport San Francisco police to riots.
  • The Republican National Convention has been moved to Jacksonville.
  • 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.”

    (Hat tip: Director Blue.)

  • It’s a breakdown in the basic logic of civilization:

    “These ideas are wrong.”

  • Wokeness comes for the New York Times:

    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:

  • Welcome to the Year Zero:

  • 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…
  • “Democrats Propose Replacing All Police With Traveling Bands Of Hippies Singing ‘Imagine.'”
  • And speaking of damn dirty hippies, Dwight has this CBS scoop from 1967.
  • World War II bomber story: Two planes, one crash landing. (Hat tip: Borepatch.)