Posts Tagged ‘Morgan Stanley’

LinkSwarm For October 2, 2026

Friday, October 2nd, 2026

A reminder not to get black-pilled, another Supreme Court win for deporting illegal alien felons, San Francisco’s government offers pedos a veritable buffet, Rockefeller money is going to the ChiComs, and another deeply technical video on semiconductor processes you won’t click on.

It’s the Friday LinkSwarm!

  • Kurt Schlichter reminds you not to get blackpilled.

    Yes, I want to believe, but there’s evidence supporting hope. There’s evidence supporting the idea that the polls are so substantially flawed that they do not accurately reflect what’s going to happen. Again, the caveat – this could be delusion. We could be seeing what we want to see. But then, what we’re seeing is there. There is evidence supporting what we want to happen, evidence worth considering.

    We’re seeing how polls have been missing big lately. Look at Abdul El-Sayed. He was supposed to win that Michigan primary in a walk. We’re talking five, 10, 15 points, according to the primary polls. And yet he barely squeaked past that squeaky woman he was competing with. We’ve seen lots of other polls that assured us of a Democrat victory. Just ask President Harris about that.

    If you’ve been around a while, you know that the polls always favor the Democrats. You almost never see a Democrat surprise us by exceeding his polling against a Republican. You just don’t. So, there’s that. And of course, there’s an interest in driving down Republican enthusiasm by telling people they can’t win.

    Then there’s the gut vibe. Don’t completely disregard that. In Texas, you must believe the Texans are going to support a blasphemous, anti-meat, anti-gun, anti-white, woke weirdo with a thing for trans kids. Does that sound like Texas to you? It sure doesn’t sound like Texas to me, and I’m in Texas. I’ve talked to a lot of Texan conservatives. Not one thinks this guy is going to win. Now, they agree it could theoretically happen, but they don’t think it’s going to. Ken Paxton has won three times in statewide races, and he’s done a lot of great conservative things. Are Texans really going to choose a bizarre homunculus to spend six years in Washington, D.C., voting like Democrat Rep. Alexandria Ocasio-Cortez (NY-14) in their name? It just doesn’t fit. It’s weird. That’s not saying it couldn’t happen – there are lots of communists here along with other weirdos, losers, and mutations who would be thrilled to have this geebo as a Lone Star senator. But it just doesn’t feel like something that’s going to happen.

    Moreover, we’ve been told a lot of conservatives are going to sit this out. The bots on X are certainly pushing that coordinated message, as the semi-coherent comments on my Monday column about quitters demonstrate. Yes, there are probably some Republicans who are going to sit out this midterm, but I haven’t met any of them personally. Maybe you have. I just don’t think there are a lot of them, especially in light of how appalling the Democrats are. It doesn’t make sense, at least to people who aren’t idiots who blame everything on Epstein conspiracies and the Jews and blah blah blah, to be mad at Trump and the Republicans for not being conservative enough and showing them what-for by allowing the election of communists. As risky as it is, I’m not going all-in on the assumption that people are that stupid.

    Read the whole thing, and encourage all your sane friends to show up at the polls in November.

  • “Fauci diary reveals alarm that U.S. had aerosolized Ebola virus. Umm, isn’t this a violation of the Convention on the Prohibition of the Development, Production and Stockpiling of Bacteriological (Biological) and Toxin Weapons and on their Destruction?

    Dr. Anthony Fauci privately sounded the alarm when he learned the U.S. Army had conducted an experiment a decade ago that aerosolized the lethal Ebola virus, which is not normally transmitted by air, and then shared the results publicly amid an ongoing outbreak in Africa, according to diary entries obtained by Senate Homeland Security Committee Chairman Rand Paul.

    The then-top scientist at the National Institute of Allergy and Infectious Disease was particularly concerned in 2016 that the Army medical research arm’s experiment seemed to show that exposure to aerosolized Ebola caused more damaging effects in subjects that had been vaccinated. This was almost four years before he championed shutting down the U.S. economy and social life over the COVID-19 virus outbreak.

    Fauci wrote he believed such research should be kept secret, preferably classified, so that it didn’t undermine public confidence in vaccination in the African countries suffering an outbreak of the virus.

    “What idiots those guys at USAMRIID [U.S. Army Medical Research Institute of Infectious Diseases] are,” Fauci wrote in a March 2016 diary entry. “This should have been a classified experiment that never should have been done in the first place.”

    Why yes, “undermining public confidence in vaccination” is a far bigger concern than the fact that the U.S. Army under Obama was committing an actual war crime.

  • “San Francisco’s Frat Houses for Pedophiles. California houses sex offenders right next to schools—on the taxpayers’ dime.”

    It’s Tuesday morning at Little Learners Daycare in downtown San Francisco. Teacher Wendy herds bright-eyed toddlers, amped up after playtime in the courtyard, back inside. They’re laughing and swatting at each other playfully, oblivious to the pack of pedophiles lurking nearby.

    Four hundred feet away, dozens of registered sex offenders live at 111 Taylor Street. Wendy knew that the Tenderloin, where she operates her Mandarin-immersion daycare, was dangerous. It’s a hotbed for illegal drug activity and homelessness. But she didn’t realize that sex offenders live so close to her daycare—or that taxpayers fund their housing.

    Pedophiles, illegal aliens; the only people Democrats don’t like paying for housing for is law-abiding American citizens.

    According to this City Journal investigation, more than 25 percent of sex offenders in San Francisco with addresses in the Megan’s Law database live in taxpayer-subsidized buildings. Many live near a park, school, or daycare, or reside in a neighborhood with a high concentration of children. They do all of this despite statewide efforts to ban concentrating pedophiles so close to children. Instead of listening to California voters, San Francisco has become a taxpayer-funded dumping ground for sex criminals.

    The Taylor Street Center is one of San Francisco’s most heavily populated sex-offender residences. Located in the Tenderloin, Taylor Street houses at least 31 registered sex offenders. The taxpayer-funded California Department of Corrections and Rehabilitation and the federal Bureau of Prisons contract the private GEO Group to run the facility.

    The reentry complex can house 240 people. It hosts specialized programs for residents like “cultural diversity education,” “gender-responsive groups,” and a “weekly meditation group.” The facility sits just 400 feet from a daycare center, 1,000 feet from a fourth-to-eighth-grade school, and five blocks away from a preschool.

    Any sex offender housed in the Tenderloin is bound to encounter children. Along with having a high concentration of immigrant and low-income households, the neighborhood also has the highest concentration of kids in the entire city.

    I’m sure the sex offenders call that “the buffet.”

  • “Trump Cancels $810M for Illegal Immigrants, Race-Based Programs.”

    President Trump invoked a rare and legally contested power Friday to cancel $810 million in congressionally approved spending, targeting programs for illegal immigrants and a slate of federal initiatives explicitly organized around race and DEI.

    The request hits 11 funding pools at seven departments and agencies. It also landed with just five days left in the fiscal year. That’s the point of the disputed “pocket rescission” maneuver: the money runs out before Congress gets its normal 45 days to consider the cuts.

    The biggest piece is $567 million at the Department of Health and Human Services (HHS) for services to refugees, asylees, unaccompanied minors, and other non-citizens.

    The White House called them “pro-illegal immigration programs” and said the money is no longer needed because illegal border crossings have fallen sharply.

    But immigration spending was only part of the package.

    Several of the rescissions hit programs explicitly organized around race or ethnicity.

    The administration wants to rescind $10 million from the Commerce Department’s Minority Business Development Agency, which helps minority-owned businesses. The White House pointed to a 2024 federal court ruling that found the agency’s presumption of social disadvantage based on race or ethnicity unconstitutional.

    Another $5 million would come from HHS’s Office of Minority Health.

    The White House highlighted grants from that office addressing racial trauma among black youth, health disparities among black and Latino youth, a George Washington University fellowship promoting health equity and DEI, and a $1.5 million project addressing the effects of redlining and structural racism.

    HUD housing counseling takes a much larger hit, with $56 million targeted.

    The administration said the program had funded groups including UnidosUS, the National Urban League, and Housing Action Illinois, criticizing their work on structural racism, racial justice, and other DEI priorities.

    Then there is the Justice Department’s Community Relations Service, slated to lose $15 million.

    The office’s mission included “preventing and resolving racial and ethnic tensions” and restoring racial stability. The Trump administration shut it down earlier this year and now accuses the office of promoting critical race theory and gender ideology rather than carrying out that mission.

    The package goes beyond those programs.

    The administration identified $28 million in HHS research funding it wants canceled, pointing to grants involving transgender health care, racial disparities, and a $50,000 project to develop a research agenda addressing racism in emergency medicine. Another $70 million would be pulled from international education programs, including programs the White House said had funded research involving queer and transgender issues abroad.

    Other cuts include $25 million for migrant student programs, $25 million across two DHS programs providing services or legal assistance to non-citizens, and $9 million for a Treasury program providing debt relief to foreign countries in exchange for conservation commitments.

    Now we need to hand out pink slips to the people who were administering these programs.

  • “Ilsky Oil Refinery in Krasnodar Hit By Drones: Big Damage.”
  • Follow-up: “Satellite Imagery Shows Huge Damage to Azov Mechanical Plant.”
  • “Big Missile/Jet Drone Strike on Azov Mechanical Plant, Rostov: Makes Parts for Missiles.”
  • “L-39 Trainer Destroyed, Three Fast Patrol Boats Hit!” Plus some radar equipment hit.
  • “Over 40 Destroyed Russian Logistics Vehicles On One Stretch of Road in Southern Ukraine.”
  • Russian chemical explosives plant explodes. Possibly just the usual Russian incompetence.
  • Speaking of Russian incompetence: “Tu-95 Bear Crashes in Amur, Russia!” That’s in the Russian far east, so probably not taken out by Ukraine.
  • Turnabout is fair play: Ukraine uses its own turtle tanks to attack Russian positions.
  • Long overdue: “Education Dept. Officially Removes Biden’s Title IX Gender Identity Rules. In other words, the department is sticking to the literal interpretation of Title IX: sex-based discrimination.”

    The Education Department has officially rescinded the Biden Administration’s Title IX interpretation that extended protections to students based on sexual orientation and gender identity.

    In other words, the department is sticking to Title IX’s literal meaning: sex-based discrimination.

    “Today’s rulemaking clears the Biden Administration’s illegal rewrite of Title IX from the Code of Federal Regulations and restores the commonsense language promulgated in the first Trump Administration, which we have been enforcing since the first days of the Administration,” said U.S. Secretary of Education Linda McMahon. “Thanks to today’s action, the published Title IX regulations faithfully reflects court orders and Congressional intent—reducing confusion for parents, students, and educational institutions. We will continue to relentlessly champion equal opportunity for all Americans and hold accountable any school or college that violates the rights, privacy, or athletic opportunities of our women and girls.”

    Honestly, nothing changes because the department has been enforcing reality since January 2025: Title IX is based on sex. It’s not based on your sexual orientation or gender identity.

  • It looks like trying to gay the kids has backfired.

    Somehow, the people who tell us that they were “born this way” and that “sexuality is a spectrum” are now returning to normal. It’s almost like the whole “acceptance” movement was just a social contagion that spread because teens like being rebellious!

    (Hat tip: Stephen Green at Instapundit.)

  • “Supreme Court Allows Rapid Third-Country Deportations to Continue.”

    The Supreme Court majority (6-3) has granted the DOJ request to put on hold a Boston-based US District Judge ruling that DHS policy to remove illegal aliens to so-called third countries is unlawful. The process of rapid deportation will continue while the matter is called before the Supreme Court for oral arguments in December (ruling in ’27).

    The Usual Suspects opposed deporting the Democrat Party’s precious illegal alien felons.

  • “Jack Smith Collected Thousands of Trump Donors’ Financial Info as Part of Election Probe.”

    Former Justice Department Special Counsel Jack Smith subpoenaed at least 4,782 political donations to President Donald Trump from Americans across the country between September 2019 and August 2023, Senator Chuck Grassley revealed during a Tuesday hearing featuring the former special counsel.

    The checks — which Smith’s team acquired as part of their election case against Trump, dubbed “Arctic Frost” — contained donors’ personal information, including their home addresses, bank account and routing numbers, and signatures. Some of the subpoenaed donations were for as little as $1. Grassley revealed the evidence while questioning Smith during Tuesday’s Senate Judiciary hearing and followed up with a press release containing further details.

    During former President Joe Biden’s administration, Smith brought two cases against Trump: The first accused him of conspiring to overturn the 2020 election, and the second involved him keeping classified documents at his Mar-a-Lago estate. Smith resigned from his position nine days before Trump was sworn in as president again; both cases against Trump have been dismissed.

    As part of the FBI’s investigation into the 2020 election, agents accessed toll records, which show who a given individual spoke with on the phone but not the contents of their calls, for 16 members of Congress. He also subpoenaed records from 87 Trump White House phones, which captured records from calls between government sources and dozen of news outlets.

    The political donations Grassley described were obtained as part of Smith’s investigation, which focused on whether Trump defrauded donors by raising money under the false pretext that the resulting donations would help Trump’s team overturn the results of the 2020 election.

    All the easier to compile an enemies list should Democrats retake power…

  • “Rockefeller Brothers Fund Sent Nearly $32 Million to China-Based Nonprofits, Watchdog Finds. ‘Dangerous partnership with Communist China.'”

    The Rockefeller Brothers Fund, a $1.4 billion U.S.-based charity with funding from the Rockefeller family and other donors, has forged a “dangerous partnership with Communist China” and is pouring millions of dollars into China-based nonprofits that are advancing the Chinese Communist Party’s foreign policy goals.

    That’s one of the findings in a new report, “The Rockefeller Network: How the Rockefeller Family Turned Their Oil Fortune into Extreme Climate Activism,” out today from Americans for Public Trust, a nonprofit, nonpartisan investigative watchdog organization. The report, an advance copy of which was obtained exclusively by the Washington Free Beacon, outlines how the billion-dollar fortune of Standard Oil founder John D. Rockefeller Sr., who died in 1937, is being used “to quietly bankroll numerous radical and leftist projects.”

    Snip.

    “An alarming amount—well into the millions—has found its way directly into the coffers of entities that are either official vestiges of the Chinese government, or directly and irrefutably administered by the CCP and its representatives,” the report says. “And many of these entities, while operating under the guise of ‘green’ and environmental research, are, instead, using these funds to help buttress China’s foreign influence programs around the globe, especially the CCP’s infamous ‘Belt and Road Initiative.'”

    Among the grants singled out in the report as most problematic:

    — $400,000 between 2020 and 2024 to the Foreign Environment Cooperation Center, “a division of the Chinese government’s Ministry of Ecology and Environment.”

    — Nearly $1.5 million to the China Council for International Cooperation on Environment and Development, whose “direct ties to the Chinese government are undeniable.”

    — Nearly $200,000 to Tsinghua University, which announced in 2024 that the school’s office of the president had merged with the Chinese Communist Party to “form a new Party Committee Office that would run the school.”

    Groups that fund the ChiComs should have their non-profit status revoked and their assets seized.

  • “New York Democrat says the quiet part out loud: “My biggest goal … is I want to legalize 7 or 8 or 9 or 10 million people in our country.”

    Democrats are always saying the quiet part out loud nowadays.

    They aren’t even trying to hide their radical plans to totally replace America’s voters, workers, and people with a cheap labor underclass that disproportionately votes Democrat.

    [ U.S. Representative] Democrat Tom Suozzi says his biggest goal in politics is mass amnesty for criminal illegals:

    “My biggest goal of what I want to accomplish in politics right now is I want to legalize 7 or 8 or 9 or 10 million people in our country.”

    Amnesty was always the end goal for the illegal alien importation.

  • Obvious: “UK Whistleblower: 99 percent of Asylum Claims Are Fake.”

    Only one in 100 asylum claims are genuine, according to a whistleblower who has revealed widespread fraud and dysfunction in the system.

    The Home Office official, who has worked for years as a decision-maker on asylum and has assessed thousands of claims, said asylum seekers from certain countries use the “same script” in what he and colleagues describe as “package claims”.

    He said he had encountered a large number of Iraqi Kurds claiming asylum who said they had been in a relationship with the daughter of the prime minister of the Kurdistan region. The official said it had become a “running joke” among colleagues that the number of Iraqi Kurds who said they were involved with the daughter was in the “hundreds”.

    He also said that “hundreds” of claims from Pakistanis were based on the assertion that they were in fear of their lives in their home country because of their gay relationship with the same man who had provided letters supporting their claims.

    The source also disclosed suspicions about large numbers of Bangladeshi claimants purporting to be dissidents of the former governing party, which is now banned, even though they were unable to provide basic information about the group.

  • “The Netherlands Also Has Islamic Grooming Gangs“; Dutch MP Warns After 18-Year-Old Girl Raped By 10 Men.”

    An 18-year-old woman has been gang raped and beaten by up to ten different men, many of them with a Syrian background, in the Dutch city of Dordrecht. Although the rape occurred in May 2025, the suspects are only now being arrested. In response to the rape, political leader Geert Wilders wrote that the Netherlands also has Islamic grooming gangs and called for all the perpetrators to be removed from the country along with their families.

    Six suspects have now been arrested, aged 20 to 23. During the incident, the girl, who lived in a residential group home, was driven to two different parking lots and raped by several men, some of whom filmed the assault and shared it on Snapchat. Police say the woman was humiliated and beaten.

    And somehow the leaders of UK’s Labour Party say “Yes, we need more of that.”

  • “Passengers subdue Arab co-pilot who tried to hijack flight to Israel.”

    A plane leaving Dubai and heading towards Tel Aviv almost saw a tragic end as the co-pilot of the plane turned hijacker mid-flight and attempted to take control and crash the plane….

    The co-pilot, an Omani national, stabbed the pilot multiple times in an attempt to kill him and hijack the flight. The co-pilot had worked for FlyDubai for around a year.

    The injured pilot was able to transmit a radio warning, Israel scrambled fighter jets, and the passengers and crew were able to subdue the attacker in midair.

    The plane made an emergency landing in Saudi Arabia to sort the entire mess out.

    Be prepared to fight for your life on a moment’s notice, because you might have to.

  • More long overdue. “Trump expands H-1B visa crackdown, will scrutinize layoffs.”

    The Trump administration on Thursday announced an executive order expanding the ongoing crackdown against H-1B visa abuse.

    The H-1B is a visa program designed to allow companies to bring in high-skilled workers when no qualified Americans are available. But the program has faced considerable scrutiny in recent years, due to widespread fraud. Critics have argued that major employers also use it as a way to undercut American wages.

    Trump’s Thursday order reaffirms the $100,000 application fee he imposed last year, but now mandates inter-agency coordination to consider an employers’s recent or planned layoffs when applying for H-1B visas.

    “Our message to corporate America is simple: We’re not going to let you lay off American workers so you can replace them with cheap foreign labor,” Vice President JD Vance said.

  • “ICE Arrests 121 During Summer Enforcement Initiative Near Dallas. The operation included the arrests of two alleged Tren de Aragua members.”

    U.S. Immigration and Customs Enforcement arrested 121 individuals during a summer enforcement initiative around Lake Lewisville in Dallas.

    The operation, led by ICE’s Dallas field office, began June 27 and concluded over Labor Day weekend. It involved coordination with state and federal agencies, including the Texas Parks and Wildlife Department, and focused on identifying individuals unlawfully present in the country, assisting with lake-related investigations, and allowing local officers to devote more resources to boating safety enforcement.

    According to ICE’s Friday release, individuals arrested during the initiative had criminal histories involving offenses such as assault, family violence, theft, burglary, sexual assault of a child, driving while intoxicated, and boating while intoxicated.

    Among those arrested were two men ICE identified as members of Tren de Aragua, a transnational criminal organization designated by the U.S. State Department as both a foreign terrorist organization and a specially designated global terrorist group.

    Willian Josue Ordonez Vasquez, 24, a Venezuelan national, and Edwin Josue Cabrera-Zelaya, 22, a Honduran national, were under investigation by the Texas Parks and Wildlife Department for allegedly operating an illegal livery business on Lake Lewisville.

    I must say that I’ve never run into “illegal livery business” before, but it seems to involve not complying with Texas regulations on powered boat rental.

  • Man bites dog: “Too extreme for Newsom? California sanctuary bill for abortion, transgender procedures vetoed.”

    California Gov. Gavin Newsom used his veto pen to make out-of-state prosecutions theoretically possible for both “reproductive health care services” and “gender affirming health care services.”

    The term-limited Democrat with presidential ambitions, who recently said he won’t run if fellow Californian and former Democratic nominee Kamala Harris enters the 2028 presidential race, vetoed legislation (AB 2164) to codify an extradition ban for “legally protected health care activity” in California, claiming it infringed executive authority.

    Ignore the blather about Harris, Governor Hairgel is obviously running.

  • AI 1, Harvard 0.

    Researchers proved AI has deleted every reason universities exist.

    Harvard University ran a controlled experiment pitting a custom AI against their own top-tier classrooms.

    And the results are going to collapse the higher education bubble.

    They took 194 undergraduates and split them up.

    One group learned physics in one of Harvard’s best hands-on, active-learning physical classrooms. Group work. Instructor support. The premium university experience.

    The other group went home and learned the exact same material with an AI tutor.

    The AI didn’t just win. It embarrassed the institution.

    Students using the AI learned more than twice as much as the students in the elite Harvard classroom.

    They scored 30% higher on the final assessment.

    And they did it in less time.

    Let that sink in.

    A piece of software sitting on a laptop outperformed a world-class faculty in one of the most elite learning environments on Earth.

    Universities have always justified their exorbitant tuition with two things: access to elite knowledge and the physical classroom experience.

    This study just proved both of those moats are gone.

    When software can teach you complex physics twice as well as a $60,000-a-year institution, the math of higher education breaks permanently.

    Yeah, but can AI forge friendships with the spawn of rich people, the primary purpose of so many attending the Ivy League? (Hat tip: Ed Driscoll at Instapundit.)

  • “Taxpayer Philanthropy: Detroit pastor paid $540K for part-time work.”

    A Detroit pastor who last year admonished a parishioner for her inadequate church donation of $1,235 was paid a salary of $538,955 that year by a taxpayer-funded nonprofit he leads that is separate from the church, according to federal records.

    That salary for Marvin Winans Sr. — the pastor of Perfecting Church and a Grammy-winning gospel singer — accounted for about 61% of what the nonprofit spent toward its stated mission of “community development,” its recent report to the Internal Revenue Service shows.

    His role as president for the nonprofit — Perfecting Community Development Corporation — is a half-time job, the report says, which means he was paid about $518 per hour.

    Nice work if you can get it.

    Winans’ salary has increased substantially in recent years and coincided with a $500,000 government grant the state awarded the nonprofit. Grant application guidance indicates the award was funded with federal pandemic relief money.

    Of course it was.

    Seems like Pastor Winans was far more concerned with fat stacks than flocks…

  • Another terror plot thwarted. “Suspect Arrested for Alleged Thwarted Capitol Attack Now in Federal Custody. Benny Caldera, Jr. was released from the Bexar County Jail into federal custody.”

    A man was arrested on suspicion of planning an attack on the Texas State Capitol in Austin early in the morning of Wednesday, September 30.

    The attack was allegedly set to occur on October 1.

    Forty-year-old Benny Caldera, Jr., of Converse, was arrested by a Texas Department of Public Safety (DPS) SWAT team, according to reporting by NBC DFW.

    He was booked into the Bexar County Jail and charged with making a terroristic threat against a public servant, a third degree felony, and was held on a $75,000 bond. It was not immediately clear if Caldera has a lawyer or how he plans to plead in response to the charge.

    According to an arrest warrant affidavit, DPS was told by a friend of Caldera’s that he “had made verbal threats to assault the Texas State Capitol Building.” He is alleged to have said “I am going to the Capitol and I am going to shoot it up.”

    Arrest documents also allege that Caldera’s motive was anger at the American Israel Public Affairs Committee (AIPAC), a pro-Israel political lobbying group, of which he reportedly said “these people have to be exterminated.”

    Of course. Always The Joooooos!

    Possibly just a dumbass shooting off his mouth. But lots of similar dumbasses have racked up kill counts in recent decades.

  • Make New Mexico Texas again? “Texas House Weighs Annexation of New Mexican Counties. The unlikely proposal could benefit the Permian Basin, one state representative claimed.” The chances of New Mexico agreeing without receiving something ridiculous in return (like El Paso) are virtually zero.
  • “‘Y’all Street’ Welcomes Financial Giant Morgan Stanley to Dallas. The city of Dallas and the state of Texas both offered the company incentives for the new hub.”

    Gov. Greg Abbott announced the company’s decision, saying it is a $684 million capital investment that could create 3,800 jobs. The governor also announced that a Texas Enterprise Fund (TEF) grant totaling $43,849,500, paired with a Veteran Created Job Bonus of $40,000, was offered to the company.

    [Insert usual disapproval of TEF subsidies here.]

  • “Elon Musk Says The Boring Company Is Working on San Antonio-Austin Hyperloop.” “Working on” is a slippery concept, and it could just mean some preliminary feasibility studies. “Experts say Hyperloop projects face significant engineering and construction challenges.” You don’t say. Though I bet there’s a better chance of it being built than another proposed Austin to San Antonio high speed rail boondoggle.
  • “Paramount Warner Bros. Merger GREENLIT! Mark Ruffalo Most Affected!”
  • Tik Tok makes you stupid.
  • ASML wants larger EUV masks to support their High Numerical Aperture EUV stepper. “TSMC and ASML recently announced that the Taiwanese fab will adopt High-NA EUV for high volume manufacturer in 2030. In order to make this economical, the two giants will push the industry to adopt larger 6 in x 12in rectangular photo masks.” This is going to be a challenge for the entire industry ecosystem.
  • You know who else liked horses?
  • Retro-future noir. With aliens. Directed by Brad Bird. Mood: Cautious optimism.
  • BeardMeatsFood demolishes a 7 Deadly Sins challenge…and then promptly orders two more burgers and dessert. (OK, technically four more burgers, but it looks like he gave two to the cameraman.)
  • I just sent out my latest Lame Excuse Books catalog of SF/F/H books. Drop me a line if you’d like to receive a copy.
  • “Judge Rules That Trump Must Allow White House Access To Assassins.”
  • “Feminist Mad That The Men She Hates Won’t Date Her.” “I don’t get it. I’m aggressive, shrill, angry, and I talk online all the time about how much I hate men. Why won’t any of them ask me out?”
  • I would buy this so hard: “Mattel Confirms Hanukkah Barbie Comes Complete With Space Laser.”
  • A happy reunion:

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





    LinkSwarm For June 28, 2024

    Friday, June 28th, 2024

    Half a year gone already. This week: The debate confirmed that pretty much everything Republican said about Biden being old and out of it was true, people can’t afford housing anymore, the Supreme Court reigns in the administrative state, a whole bunch of layoffs come down the pike, two sorta, kinda coups, fake meat doesn’t pay, and we say farewell to a Texas original. It’s the Friday LinkSwarm!

  • I didn’t watch the debate, because I had Things To Do, but evidently Biden looked every bit as old and out of it as we all expected.

    President Joe Biden looked old and disoriented during Thursday’s CNN debate with Donald Trump. He spoke in a quiet and hoarse voice, made some incoherent answers, and often stumbled over his own words.

    It was a lackluster performance that played directly into Republican depictions of the 81-year-old president – the oldest president in American history — as too old and frail to serve another four years in office. Trump said as much during the debate.

    “He’s not equipped to be president,” Trump said. “You know it and I know it.”

    The debate was a highly personal affair between two men who made little effort during their nearly two hours on stage to contain their disdain for one another.

    Biden called Donald Trump a “loser,” and a “whiner” with the “morals of an alley cat.” Trump accused Biden of turning the United States into a “third-world nation” and of being the “worst president in history by far, and everybody knows it.”

    Trump turned in a spirited performance, hammering Biden on inflation and the immigration crisis under his watch. But Biden’s struggles seemed to be the major takeaway for CNN’s post-debate panel, which reported that senior Democrats are in an “aggressive panic” over their party leader’s apparent frailty.

    Speaking about improvements he’s claiming at the border, Biden at one point seemed lost, saying: “I’m going to continue to move until we get the total ban on, the total initiative relative what we’re going to do with more border patrol and more asylum officers.”

    “I don’t really know what he said at the end of that sentence,” Trump replied. “I don’t think he knows what he said either.”

    At another point, Biden got visibly lost when talking about his plan to raise taxes on the wealthy to wipe out the debt, saying he wanted to make sure “that we’re able to make every single solitary person eligible for what I’ve been able to do with, with, with the Covid, excuse me, with dealing with everything we had to do with, look, we finally beat Medicare.”

    “Well, he’s right,” Trump said, “he did beat Medicare. He beat it to death.”

  • Some lowlights:

  • Democratic reaction to Biden’s performance included words like “freakout” and “panic.”

    He stammered. He stumbled. And, with fewer than five months to November, he played straight into Democrats’ worst fears — that he’s fumbling away this election to Donald Trump.

    The alarm bells for Democrats started ringing the second Biden started speaking in a haltingly hoarse voice. Minutes into the debate, he struggled to mount an effective defense of the economy on his watch and flubbed the description of key health initiatives he’s made central to his reelection bid, saying “we finally beat Medicare” and incorrectly stating how much his administration lowered the price of insulin. He talked himself into a corner on Afghanistan, bringing up his administration’s botched withdrawal unprompted. He repeatedly mixed up “billion” and “million,” and found himself stuck for long stretches of the 90-minute debate playing defense.

    And when he wasn’t speaking, he stood frozen behind his podium, mouth agape, his eyes wide and unblinking for long stretches of time.

    “Biden is toast — calling it now,” said Jay Surdukowski, an attorney and Democratic activist from New Hampshire who co-chaired former Maryland Gov. Martin O’Malley’s 2016 presidential campaign in the state.

    In text messages with POLITICO, Democrats expressed confusion and concern as they watched the first minutes of the event. One former Biden White House and campaign aide, granted anonymity to discuss the matter, called it “terrible,” adding that they have had to ask themselves over and over: “What did he just say? This is crazy.”

    “Not good,” Rep. Jared Huffman (D-Calif.) wrote.

  • Still, Biden’s people swear he’s not dropping out. So there’s a 50/50 chance he drops out.
  • A short roundup of all the Democrats who lied about how “sharp” Biden was.
  • It’s an insoluble mystery: “Home prices are at an all-time high; meanwhile, pre-owned home sales are at a 30-year low.”

    Sales of previously owned homes are sitting at a 30-year low and didn’t move much in May as prices hit a new record and mortgage rates remain high.

    So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally adjusted, annualized rate of 4.11 million units, according to the National Association of Realtors, or NAR. Sales fell 2.8% from May of last year …

    The median price of an existing home sold in May was $419,300, a record-high price in the Realtors’ recording and up 5.8% year over year. The gain was the strongest since October 2022. Prices gained in all regions.

    The Realtors noted in a release that the mortgage payment for a typical home today is more than double what it was five years ago.

    It’s almost as though the Biden Recession, constrained supply (a great deal from blue locale regulation that prevent housing from being built), and high interest rates mean that no one wants to buy or sell.

  • You know who else is screwed? Apartment renters.

    According to a new report, the average renter can’t afford a typical U.S. apartment.

    According to Redfin, the typical U.S. renter household earns about $54,712 per year, which is 17.3% less than the $66,120 needed to afford the median-priced apartment at $1,653 per month. This means that 61% of renters can’t afford their housing without significant financial stress.

    Snip.

    Inflation, which has surged during Biden’s presidency, certainly exacerbates this issue. Rising costs for essentials like food, gas, and utilities leave renters with even less disposable income to cover their housing costs. Despite promises to address affordability and economic inequality, the Biden administration has doubled down with claims that inflation is going down and that wage growth has outpaced it — which isn’t true. Biden has made it more difficult for Americans to achieve financial stability.

    (Hat tip: Stephen Green at Instapundit.)

  • More Biden Recession layoffs, including cuts from:
    • Nike
    • Google
    • Discord (170)
    • CitiGroup (20,000)
    • Twitch, owned by Amazon (500)
    • BlackRock (600)
    • Rent the Runway
    • Unity (1,800, 25% of the company)
    • eBay (1,000)
    • Microsoft (1,900, plus more from Xbox)
    • Salesforce (700)
    • Flexport (1,400, 15% of the company)
    • iRobot (350)
    • UPS (12,000)
    • PayPal (2,500, 9% of the company)
    • Okta (400, 7% of the company)
    • Snap (19% of the company)
    • Estée Lauder (3,100)
    • DocuSign (6% of the company)
    • Zoom (150)
    • Paramount (800)
    • Morgan Stanley
    • Cisco (4,000, 5% of the company)
    • Expedia Group (1,500, 8% of the company)
    • Sony (900)
    • Bumble (350, 30% of the company)
    • Electronic Arts (670 workers, 5% of the company)
    • IBM
    • Stellantis (400)
    • Amazon
    • Apple (600)
    • Tesla (10% of the company)
    • Take Two Interactive (5% of the company)
    • Peloton (400, 15% of the company)
    • Indeed (1,000)
    • Walmart
    • Under Armor
    • Pixar (part of Disney) (175 people, 14% of the company, who must have been thrilled to get a pink slip and then see unwoke Inside Out 2 go on to be Disney’s biggest movie of the year)
    • Lucid Motors (400)
    • Walgreens

    Some of these have been previously announced.

  • Big Supreme Court news: They struck down the Chevron decision.

    The Supreme Court on Friday issued a ruling overturning the 1984 Chevron v. National Resources Defense Council case, striking down a previous decision that granted federal agencies immensely broad power to draw up regulations without congressional approval.

    The Court ruled in both Loper Bright Enterprises v. Raimondo and Relentless v. Department of Commerce — two nearly identical cases — that regulatory agencies will no longer be able to fill in the blanks of vague legislation in 6-2 and 6-3 decisions, respectively. Justice Ketanji Brown Jackson recused herself from the first case because she sat on the federal appeals court that had previously heard the case.

    In his majority opinion, Chief Justice John Roberts wrote that it is not the place of agencies to clarify ambiguous legislation.

    “Perhaps most fundamentally, Chevron’s presumption is misguided because agencies have no special competence in resolving statutory ambiguities,” he wrote. “Courts do. The Framers, as noted, anticipated that courts would often confront statutory ambiguities and expected that courts would resolve them by exercising independent legal judgment.”

    Writing a concurrence, Justice Neil Gorsuch argued that the concept of Chevron deference “undermines” many of the principles on which the United States was founded.

    “It precludes courts from exercising the judicial power vested in them by Article III to say what the law is,” he wrote. “It forces judges to abandon the best reading of the law in favor of views of those presently holding the reins of the Executive Branch. It requires judges to change, and change again, their interpretations of the law as and when the government demands.”

    This is a huge blow to the unchecked administrative state and a key decision in helping reign in untrammeled executive regulatory power.

  • This looks like it will put a crimp in Biden’s amnesty plans: “SCOTUS rules 6-3 that there’s no constitutional guarantee for non-citizen spouses to be admitted to the US.”
  • Supreme Court also rules that it is constitutional to ban drug-addicted transients from camping on city streets.
  • Has Russia’s Black Sea fleet abandoned Sevastopol?
  • Russia’s newest S-500 air defense system has been deployed to Crimea to defend against ATACMS strike. Result? It was destroyed by an ATACMS strike. “This is a big embarrassment for Russia, that its newest and best missile system has had its clock clean by 30-year-old missiles.”
  • “Russian Ammo Storage Site with 3,000 Artillery Shells Hit by Drones in Voronezh, Russia.”
  • “War crimes arrest warrants issued for top Russian officials. The International Criminal Court (ICC) has issued an arrest warrant for Russia’s former defence minister, Sergei Shoigu, and the chief of general staff, Valery Gerasimov.” It would make one hell of a Dog The Bounty Hunter episode…
  • Evidently it is possible to be too radically antisemitic to be an elected Democratic official, as Squad member Jamaal Bowman of New York “lost his third-term primary bid to Westchester County executive George Latimer.”
  • Andrew Cuomo (D-isgrace) admits that the bogus Trump hush money kangaroo trial should never have been held. “If his name was not Donald Trump and if he wasn’t running for president. I’m the former AG in New York. I’m telling you, that case would have never been brought. And that’s what is offensive to people. And it should be!” Broken clock, twice a day.
  • Judge Judy says prosecutors twisted themselves into a pretzel to indict Trump.
  • Turns out that Biden loan forgiveness scheme is just as unconstitutional as we thought it was.

    Federal judges in Missouri and Kansas issued separate rulings on June 24 blocking key sections of the Biden administration’s Saving on a Valuable Education (SAVE) program, which is designed to lower student loan payments and forgive debts.

    A new version of the program that would reduce payments and shorten maximum repayment periods was set to take effect in July.

    U.S. District Judge Michael Crabtree for the District of Kansas ruled that the Republican states were likely to succeed in their claim that the department lacked explicit congressional authority to enact this portion of the program.

    “Defendants have offered colorable, plausible interpretations of the Higher Education Act that could authorize the SAVE Plan, but those interpretations fall short of clear congressional authorization,” Judge Crabtree, who was appointed under President Barack Obama, wrote on Monday.

    However, he declined to block the program entirely, expressing concerns about the practicality of reversing parts of the plan that had already been implemented. He also said that Republicans’ delay in filing their lawsuits undermined their arguments that there was an immediate need to halt the entire program.

    In a separate decision on the same day, U.S. District Judge Judge John Ross for the Eastern District of Missouri, also a President Obama appointee, blocked the department from forgiving “any further loan[s]” under SAVE until he decides the full case. His order said that such actions would likely strip state loan operators of revenue.

    Judge Ross also suggested that the SAVE program might have exceeded the authority of Education Secretary Miguel Cardona and that Missouri would likely be harmed by the program.

    Just imagine if a Republican judge got a chance to rule on it…

  • “Kenya Protesters Storm Parliament, Police Fire Live Rounds, After Lawmakers Unleash Eco-Austerity.” Seems like $2.7 billion in taxes to serve nebulous “green” goals is unpopular in a country where the per capita GDP is $2,099. Thanks, IMF…
  • And an attempted coup in Bolivia evidently failed. President Luis Arce is a bit of a socialist scumbag, so it remains to be seen if he intends to follow in Venezuela’s footsteps to economic ruin.
  • Over a thousand dead in this year’s Hajj. Islam has a lunar calendar, and this year’s Hajj fell during a period of extreme heat.

    Not only are the massive crowds a problem, but this year the Saudi city is under an excessive heat warning, with highs at times having reached between 110 and 115°F during the day, and 100°F even at night. This has resulted in what could be a record amount of heat injuries and deaths by the pilgrimage season’s end. On Monday the Saudi weather service recorded a temperature of 125 degrees Fahrenheit at Mecca’s Grand Mosque.

    Many of the dead were “unauthorized pilgrims” who hadn’t paid their Hajj fee. “This group was more vulnerable to the heat because, without official permits, they could not access air-conditioned spaces provided by Saudi authorities for the 1.8 million authorized pilgrims to cool down after hours of walking and praying outside.”

  • More accused perverts in classrooms. “Former Denton ISD Coach Arrested for Online Solicitation of a Minor. A mother from another school district says she tried to warn Denton ISD of an inappropriate encounter her daughter had with district employee Justin Wallace Carter.”
  • Guy buys four books filled with Chinese military secrets for $1. Good to know we’re not the only nation that suffers from lax security…
  • Missed this for yesterday’s roundup: “Michigan judge charged after gun was found in her purse at Detroit Metro Airport. Wayne County Judge Cylenthia LaToye Miller was cited earlier this month on a charge of possessing a dangerous weapon after she allegedly tried to pass through airport security with a handgun in her purse.” She is, of course, a Democrat.
  • “A Uvalde County grand jury has indicted former school district police Chief Pete Arredondo and another former district officer on charges of child endangerment, the first criminal charges brought against law enforcement for the botched response to the deadliest school shooting in Texas history, the San Antonio Express-News reported. Arredondo and Adrian Gonzales face felony charges of abandoning or endangering a child.” (Hat tip: Dwight.)
  • Insert your own Aggie joke here: “Texas A&M to Co-Manage Nation’s Nuclear Arsenal Facility in Amarillo.”
  • “NFL Ordered to Pay $4.7B After Losing ‘Sunday Ticket’ Trial.” Even for the NFL, that’s a lot of cheddar…
  • McDonald’s learns what the rest of us already knew: There’s no money in fake meat. (Hat tip: Dwight.)
  • Everyone is leaving the big car YouTube channels because corporations bought, added layers of management, ignored what made them successful, and made them unprofitable.
  • A fun edition of What’s My Line featuring America’s most decorated war hero.
  • Kinky Friedman, RIP. He was a Texas original, an entertaining musician, a successful author, and the last interesting Democrat in Texas. Dwight already posted “The Ballad of Charlie Whitman,” so I direct you over there. I have an inscribed (not to me) first of A Case of Lone Star, and I should probably read that next.
  • “Trump Preps For Debate Against Biden By Going to Nursing Home And Arguing With Dementia Patients.”
  • “Trump Indicted For Murdering Elderly Man On CNN.”
  • “Hamas Loses House Seat To Democrats.”
  • “White House Asks Migrants To Hold Off On Raping And Murdering Any More Americans Until After Election.”
  • “Canada Officially Loses Recognized Country Status After Failing To Win Stanley Cup Again.”
  • I’m always up for skateboarding dogs.

    (Hat tip: Ace of Spades HQ.)

  • Still between jobs, so hit the tip jar if you’re so inclined.





    China Is Screwed: Pipe People

    Sunday, August 13th, 2023

    I didn’t intend to do an all “China is Screwed” video roundup weekend, but the videos keep stacking up and I need to post some rather than producing a giant unwieldy post with hours of footage.

    First up: Young people’s whose job prospects and futures are so dim that they’re actually living in concrete pipes.

    Takeaways:

  • Certainly America has no shortage of transients living rough, but in contrast to ragged drug addicts, alcoholics and dangerous lunatics, the people living in these pipes look to be normal, healthy 20-something Chinese.
  • Just because you’re living in a concrete pipe doesn’t mean you can’t be a live-streamer. Like the under-the-bridge streamers seen in previous videos, you wonder how widespread this behavior is, or whether we’re just seeing the edge of the freak show.
  • “Despite the female hosts not being beautiful and the male hosts not handsome, it doesn’t affect viewership.” I do rather want to check their numbers, here.
  • “This is because it’s happening in the industrial city known as the world’s factory – Dongguan in Guangzhou.” It’s on the Pearl River Delta near Guangzhou and Hong Kong. “After more than thirty years of China’s reform and opening up, Dongguan, which has always been at the forefront of economic development, has recently seen a wave of business closures and foreign capital relocation.” See also: all those previous China is screwed videos.
  • “When foreign capital withdraws, thousands of Chinese workers lose their jobs. Among these people, some have worked in factories for decades and are now middle-aged. It’s overwhelming to be suddenly faced with unemployment and consequential cost-of-living pressures, coupled with labor competition against millions of university graduates.” I’m sure that sucks, just like getting laid off here sucks. But in a capitalist economy, even a flawed one like we have, is always going to be more flexible about creating jobs that one ruled by a communist party’s aristocracy of pull.
  • “Those who are single simply adapt to homelessness, creating their own personal space amongst the concrete pipes.” Or, you could have, you know, lived modestly, saved money, and shared housing with other people. The fact they haven’t gone this route and are instead living in pipes suggests something in the Chinese economy is even more broken than we think.
  • Foreign companies like Microsoft and Nokia are now moving to Vietnam and India. “Japanese companies like Panasonic, Daikin, Sharp, and TDK are planning to move their manufacturing bases back to Japan. Well-known companies like Uniqlo, Nike, Funai Electric, Samsung, and others are also accelerating their withdrawal from China.”
  • Like industry is also fleeing from elsewhere in China.
  • “The once bustling Bund in Shanghai is now overgrown with weeds due to lack of maintenance and tourism, presenting a scene of desolation. Everywhere in Shanghai’s luxury residential communities, there are messages about subleasing and selling at a loss. The elites, celebrities, and tycoons left Shanghai at the first chance they got after the lifting of the lockdown. The political uncertainty in China and the frequent changes in regulatory clauses by the authorities have made entrepreneurs miserable.” Communists making entrepreneurs miserable? This is my shocked face.
  • “Domestic entrepreneurs are reluctant to invest further, and foreign investors are hastening their departure.”
  • Various Chinese company specific layoffs and financial difficulties snipped.
  • “Wall Street leading figures, after enjoying three years of benefits from the broad opening of China’s financial market, are planning large-scale cuts to projects and staff in China…Goldman Sachs has lowered its five-year plan expectations, and Morgan Stanley has decided not to set up a securities dealer in China, reducing its derivative and futures business investment to $150 million. JPMorgan Chase & Co. began cutting its dedicated staff in China earlier this year.” There’s not a violin small enough.
  • In a capitalist economy, there would be some sort of middle ground between the empty ghost cities and people living in pipes near megalopolises. If you don’t regulate the economy so heavily as to make building housing impossible (I’m looking at you, California and NYC), then profit will drive developers to create housing to fill a market need. With China’s crazy misallocation of loans to unprofitable housing to satisfy regional government growth targets, supply has been so severed from demand that such market-making is impossible.

    China is going to come out of it’s decades-long growth spurt with crumbling cities and people that mostly are still poor.

    Great job, Xi!