Posts Tagged ‘Federal Housing Finance Agency’

LinkSwarm for May 27, 2022

Friday, May 27th, 2022

The economy is contracting (thanks Biden), attacks and counterattacks in eastern Ukraine, regulation madness, and something from the 1875 crime blotter in 2022. It’s the Friday LinkSwarm!

Note: Today’s LinkSwarm will be a bit shorter than usual because: A.) I’m off Twitter for the time being, so I’m not grabbing links there, and B.) I took the day off from work and I’m just feeling lazy.

  • America’s Gross Domestic Product declined 1.5% in Q1. It’s that Biden magic! (Hat tip: Ace of Spades HQ.)
  • Sure, the Biden Administration sucks on basic competence when it comes to the American economy, but to balance that, they also suck on regulation.
    • The Biden Administration capped off its first full year in office with more than $201 billion in regulatory costs and 131 million hours in new annual paperwork, putting it far ahead of the two immediately preceding administrations’ respective first years by a wide margin.
    • Actions related to vehicle emissions and COVID-19 safety measures provided the vast majority of these administrative burdens.
    • Additionally, in terms of executive orders issued during the first year of an administration, the 77 put forth by President Biden represent the highest number since the Ford Administration.
  • Speaking of bad regulations and bad economic ideas, the Biden Administration has evidently learned nothing from the 2008 subprime meltdown, and the Federal Housing Finance Agency (FHFA) getting ready to loosen mortgage standards for Fannie Mae and Freddie Mac.
  • Russia’s invasion of Ukraine continues, and Russian forces seem to be making a slow, grinding advance on the strategic city of Severodonetsk in eastern Ukraine. “Moscow has poured thousands of troops into its assault on Severodonetsk and its sister city of Lysychansk. The twin cities, straddling the Siverskyi Donets river, have been in Russian sights for months. They currently comprise the lone Ukrainian redoubt in the Luhansk oblast.” Taking Lysychansk will require Russians to cross the Donets, previous attempts at which have been disasterous for them.

  • Russia has succeeded in taking Lyman, but Ukraine has launched counterattacks against the Russian forces encircling Severodonetsk.
  • More good news for Democrats: “Obamacare ‘Time Bomb’ To Hit Right Before Midterms.”
  • Texas Association of School Boards finally votes to leave National School Board Association.

    The Texas Association of School Boards is set to leave Its parent organization, the National School Board Association, according to records obtained by Texas Scorecard.

    The National School Boards Association made headlines last year following their letter to President Joe Biden and U.S. Attorney General Merrick Garland requesting federal intervention in local school board meetings and referring to concerned parents as “domestic terrorists.”

    It has since been revealed that the NSBA leadership urged the Biden Administration to deploy military forces in an effort to prevent parents from attending school board meetings.

    Since then, parents have been calling on the state organization—the Texas Association of School Boards—to leave the organization, as more than 20 states already have.

    Texas, however, had been a holdout until now.

    (Hat tip: Push Junction.)
    

  • “NBA owners silent on relationship to China, invested more than $10 billion in Chinese interests.”
  • Iran Seizes 2 Greek Tankers In Gulf As Retaliation For US Taking Oil.”
  • “Professor Fired Over Tweets Questioning BLM Movement Gets Reinstated, Awarded Back Pay After Arbitrator Finds In His Favor.” “An arbitrator has ruled that a University of Central Florida professor, Charles Negy, has to be reinstated.”
  • Speaking of intolerant Social Justice Warriors censoring people: Libs Of TikTok Suspended From Instagram. (Hat tip: Stephen Green at Instapundit.)
  • Dwight is attending the NRA convention in Houston.
  • Who’s been funding the attacks on Elon Musk following his Twitter bid? Would you believe Bill Gates? Of course you would. “Would you believe what perfidy Ernst Stavro Blofeld is up to this week?” Why yes, I would. The biggest difference is that Blofeld has better fashion sense and never tried to inflict Microsoft Bob on the world…
  • “TSMC And Intel Are In A Mad Dash To Hire Semiconductor Technicians For Their New Plants In Arizona.” And that’s not all: “Simply finding enough workers to build the facilities has already proved a challenge.”
  • Old Navy takes massive loss because women buying clothes aren’t enthused about fat models. (Hat tip: Ed Driscoll at Instapundit.)
  • I’ll take headlines from 1875 for $400: “Loving County judge arrested for cattle theft….Loving County Judge Skeet Jones is accused of livestock theft and organized criminal activity.”
  • Who wants some nightmare fuel?
  • After that, enjoy a palate cleanser: