Democrats still want to trans your kids, censorship shellgames squashed, Google is declared a monopoly, socialists behave badly, more illegal alien depravity, some 2026 contenders jump in, pie-in-the-sky plans for high speed rail in Texas bite the dust, more Cybertruck drag-racing, and a Very Good Boy indeed.
It’s the Friday LinkSwarm!
Yes, Democrats are still all in on transing your kids. “Dad shares horrifying story of his daughter being groomed and transitioned behind his back at school.”
Just yesterday, a dad named Dustin Gonzales in the Jeffco Public School District of Colorado spoke at a school board meeting and shared a heartbreaking story that’s now all too familiar: his daughter was groomed by teachers and gender-transitioned behind his back.
Dad claims his daughter changed her gender identity secretly with a school therapist, who kept him in the dark about it.
The school didn’t ask me or inform me, they replaced me. By the time I found out, I was already labeled ‘the problem.’ My objections weren’t treated as concerns, they were treated as opposition. my voice was dismissed as ‘hateful,’ my presence undermined.
The father claims the school then got the therapist and an investigator involved, to separate the girl from her dad.
I’m here to make sure what happened to me, to my family, never happens to another parent in this district.
The father is now at risk of losing his daughter as a result of a new Colorado bill that would take kids away from parents who aren’t “affirming.”
Secretary of State Marco Rubio has just killed the Biden administration’s last-ditch effort to shelter the government’s Ministry of Truth, the Global Engagement Center (GEC).
In a new op-ed published by The Federalist (a target of the GEC along with yours truly), Rubio writes;
GEC was supposed to be dead already. But, as many have learned the hard way, in Washington, D.C., few things ever truly die. When Republicans in Congress sunset GEC’s funding at the end of last year, the Biden State Department simply slapped on a new name. The GEC became the Counter Foreign Information Manipulation and Interference (R-FIMI) office, with the same roster of employees. With this new name, they hoped to survive the transition to the new administration.
Today, we are putting that to an end. Whatever name it goes by, GEC is dead. It will not return.
Alphabet’s Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its ad products.
U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found Google liable for “willfully acquiring and maintaining monopoly power” in markets for publisher ad servers and the market for ad exchanges which sit between buyers and sellers.
The decision clears the way for another hearing to determine what Google must do to restore competition in those markets, such as sell off parts of its business at another trial that has yet to be scheduled. It is the second court ruling that Google holds an illegal monopoly, following a similar judgment in a case over online search.
Publisher ad servers are platforms used by websites to store and manage their digital ad inventory. Along with ad exchanges, the technology lets news publishers and other online content providers make money by selling ads. Those funds are the “lifeblood” of the internet, Brinkema wrote.
“In addition to depriving rivals of the ability to compete, this exclusionary conduct substantially harmed Google’s publisher customers, the competitive process, and, ultimately, consumers of information on the open web,” Brinkema wrote.
However, antitrust enforcers failed to prove a separate claim that the company had a monopoly in advertiser ad networks, she wrote.
U.S. Attorney General Pamela Bondi called the ruling “a landmark victory in the ongoing fight to stop Google from monopolizing the digital public square.”
“A 13-year-old boy in California was allegedly sexually abused and murdered by his soccer coach and, as it turns out, the soccer coach was an illegal alien. Immigration and Customs Enforcement (ICE) has lodged a detainer with the Los Angeles County jail for Mario Edgardo Garcia-Aquino, a 43-year-old Salvadoran citizen living unlawfully in the United States, the agency confirmed Wednesday to the Daily Caller News Foundation. Garcia-Aquino is accused of killing 13-year-old Oscar ‘Omar’ Hernandez, a San Fernando Valley, California, resident found dead earlier in April.”
Evidently the cartels have expensive taste. “A federal grand jury has charged two men who allegedly tried to smuggle five high-caliber sniper rifles to Mexico last month, and prosecutors are seeking the forfeiture of the firearms, five .50-caliber Barrett long guns and four magazines for .50-caliber bullets. Wednesday’s charges of unlawful smuggling of goods from the United States stem from the March 12 arrest of Oscar Sanchez Gonzalez and Arturo Martinez Aguilar as they allegedly attempted to drive to Mexico over the Calexico West port of entry.” (Hat tip: Dwight.)
Smith says people asking him to run is an indictment of the Democratic Party.
“I have no choice, because I’ve had elected officials, and I’m not going to give their names, elected officials coming up to me. I’ve had folks who are pundits come up to me. I’ve had folks that got a lot of money, billionaires and others that have talked to me about exploratory committees and things of that nature. I’m not a politician. I’ve never had a desire to be a politician,” Smith told ABC News’ “This Week” co-anchor Jonathan Karl.
Smith reiterated that because of the number of people asking him to consider a run, he has to leave the door open.
Smith usually strikes me as a moderately annoying “hot take” artist, but he has been condemning the Democrat Party about their lurch to the right on several issues, and has discussed that with the likes of Dave Rubin. Smith has no business running for President, but would be immediately be a more sane alternative than anyone else named as a Democratic front-runner.
When police raided a factory in Georgia, they found dozens of Chinese nationals being kept in near slave-like conditions, and authorities say they were pressed into service by a forced labor trafficking ring.
Last month, agents from several agencies raided Wellmade Industries in Cartersville, Georgia, 40 miles north of Atlanta, and what they found shocked them, according to the Atlanta Journal-Constitution.
Federal officials said that around 60 Chinese nationals were being held in tiny rooms and forced to work long hours in the flooring manufacturing plant. The exploited workers at Wellmade are just a few of the many exploited workers the Trump administration has rooted out.
ICE Homeland Security Investigations Atlanta Special Agent in Charge Steven N. Schrank said the conditions these workers were living in was “horrific,” and noted that he and his fellow agents were investigating eight other locations for similar offenses.
Three Wellmade Industries officers were arrested, including company owner, Zhu Chen, his nephew, Jiayi Chen, and company associate Jian Jun Lu.
At the bond hearings for the suspects, assistant district attorney Austin Waldo claimed that officials of the company immediately confiscated the workers’ travel and ID documents as soon as they arrived at the plant to make it harder for them to leave.
Well, this would have made my Nvidia roundup had it dropped a day earlier, and not in a good way. “Nvidia CEO Jensen Huang boarded a private jet to Beijing shortly after the U.S. Commerce Department announced new export licensing requirements for the company’s H20 AI chips for the Chinese market. Once there, Huang met with the head of a Chinese state-backed trade body, where he reaffirmed Nvidia’s commitment to the Chinese market despite a deepening trade war.”
Baltimore student: “Hey, doesn’t Maryland law require a United States flag in every classroom?” Baltimore County Board of Education: “Hey, you’re suspended and we’re calling the cops on you.”
The East Plano Islamic Center’s planned development faces continued scrutiny from Texas officials.
U.S. Sen. John Cornyn is calling on the U.S. Department of Justice to investigate EPIC for potential religious discrimination.
In a letter to U.S. Attorney General Pam Bondi and Assistant U.S. Attorney General Harmeet Dhillon, Cornyn expressed concern that a “master-planned ‘community of thousands of Muslims’” could violate the Fair Housing Act of 1968 by discriminating against Christians, Jews, and other non-muslim minorities.
“Religious discrimination, whether explicit or implicit, is unconstitutional under the First and Fourteenth Amendments,” wrote Cornyn. “Religious freedom is a cornerstone of our nation’s values, and I am concerned this community potentially undermines this vital protection.”
Sanity in the UK: “U.K. Supreme Court Rules Males Don’t Qualify as Women Under Anti-Discrimination Law, in Landmark Ruling.”
The United Kingdom’s supreme court ruled Wednesday that males who identify as women do not fall qualify as women under anti-discrimination law, a monumental decision that will have major consequences for British law.
The high court defined “woman” based on sex rather than gender identity, keeping it within the bounds of scientific reality rather than giving into the demands of left-wing activists. The ruling specifically addressed the question of whether transgender-identifying males who obtain a gender recognition certificate — a legal document acknowledging them as women — enjoy the same protections extended to females under Britain’s 2010 Equality Act, an anti-discrimination law that covers nine protected characteristics and applies to various sectors of British life.
“The unanimous decision of this court is that the terms ‘woman’ and ‘sex’ in the Equality Act 2010 refer to biological women and biological sex,” said Lord Patrick Hodge, deputy president of the United Kingdom’s Supreme Court, in announcing the ruling.
Bad news: A house exploded two miles from me. I actually heard it, and thought that one of my dogs had run into a wall or something. Worse news: The house belonged to Sara Felix, who I know from the Austin science fiction community, and her husband was in the house at the time. The silver linings are that he’s now out of surgery, though badly burned, and that the family hadn’t actually moved into the house, and were still living in their old house in the same general area.
When your band name stops being ironic: “New Pornographers Drummer Joe Seiders Arrested for Possession of Child Porn.” I have a few of their albums I bought 15 years ago. I considered embedding “Breakin’ the Law” for ironic effect, but it’s a lousy song. (Hat tip: Ed Driscoll at Instapundit.)
A foster mom in Missouri is facing multiple charges of abuse and is accused of trading a teenage girl she was guardian of for a pet monkey, authorities said.
Brenda Ruth Deutsch, 70, of Lincoln County, was charged with two counts of abuse or neglect of a child and one count of endangering the welfare of a child, according to Lincoln County Prosecutor Mike Wood. She was taken into custody last weekend.
Deutsch has fostered more than 200 children for about 15 to 20 years, Wood told NBC News.
While it’s tempting to chalk this up to more “annals in human depravity,” given the age of the alleged perp, I have to wonder if some mental illness/senility/Alzheimers was involved.
Anderson Ronaldo Reyes Giron — a member of the “Most Wanted” list — was taken into custody on April 2 by the Texas Department of Public Safety (DPS) and the Texas Highway Patrol for charges related to deadly conduct from shooting a firearm in Travis County, as well as theft of property in Williamson County. He’s originally from Honduras, from which he came illegally, and was arrested by the Austin Police Department in August 2024 for the afore-listed charges before being let out on bail.
Thanks again, Austin.
“Governor Greg Abbott, the Texas Department of Public Safety (DPS), and the Texas National Guard continue to work together with the Trump Administration to secure the border; stop the smuggling of drugs, weapons, and people into Texas; and prevent, detect, and interdict transnational criminal activity between ports of entry,” a press release from Abbott’s office stated upon announcement of Giron’s arrest.
Giron has been wanted since February 2025 when Travis County issued a warrant for his arrest following the firearm violation, and then when Williamson County similarly filed a warrant after his theft incident.
Former Texas Congresswoman Mayra Flores has officially thrown her hat into the ring to challenge the indicted Congressman Henry Cuellar (R-TX-28) and his 20-year-plus tenure representing Texas’ 28th Congressional District in Washington, D.C.
“I am deeply honored to announce my candidacy for Congress—a chance to serve the people and uphold the values that make our nation great,” Flores posted on X upon announcement of her challenge to Cuellar’s seat.
The first female Mexican-born former congresswoman, Flores comes to the drawing board with experience in Texas elections — first scoring a seat in a special election to represent the Lone Star State on the federal stage after Democratic Congressman Filemon Vela resigned in 2022, allowing her to flip the historically Democratic 34th Congressional District. Flores flipped parties from Democratic to Republican in the early 2000s, primarily citing pro-life motivations.
She also ran against Rep. Vicente Gonzalez twice (D-TX-34), losing first in the 2022 general election and second in 2024, although she notched her numbers up significantly the second time around — losing the election by a 2 percent margin.
Cuellar maintained his seat during the 2024 general election against Republican candidate Jay Furman with nearly 52 percent of the vote — a race rumored as potentially dangerous for Cuellar due to his indictment by the U.S. Department of Justice (DOJ) that year after an FBI investigation in 2022 for alleged bribery and money laundering in coordination with his wife, Imelda Cuellar, and the country of Azerbaijan.
TX-28 favors Democrats with a rating of D-51% per The Texan’s Texas Partisan Index, although President Donald Trump made history in the district during the November election — winning Webb County’s presidential vote, the first Republican president to claim victory there in a century.
Until Flores’ announcement, the only other notable contender for Cuellar’s seat was Webb County Judge Tano Tijerina, who flipped parties in December 2024.
For more on Cueller’s indictment, see here and here.
“With Attorney General Ken Paxton officially running for U.S. Senate against Sen. John Cornyn, the race to replace him is heating up. After former U.S. Attorney John Bash became the first to enter the race, State Sen. Mayes Middleton has now launched his own campaign for Texas attorney general, pitching himself as a conservative fighter ready to take the reins.” I regularly get press releases from Middleton’s office, and he seems a pretty solid conservative.
The U.S. Department of Transportation officially terminated a $63.9 million federal grant intended for the planning and development of a high-speed rail line between Dallas and Houston.
Transportation Secretary Sean Duffy said the move will save taxpayers millions while allowing Amtrak to focus on improving existing operations.
Personally, I’d kill Amtrack and hand the assets to the states to subsidize if they felt like.
Originally pitched as a private venture, the Texas Central Railway project aimed to connect two of Texas’ largest cities with a 205-mph bullet train, promising a 90-minute travel time.
The project has faced strong opposition from landowners and lawmakers since it was proposed in 2009.
As cost estimates soared from $12 billion to over $40 billion, the project became increasingly reliant on federal funding.
Duffy was blunt in his assessment: “Underwriting this project is a waste of taxpayer funds and a distraction from Amtrak’s core mission of improving its existing subpar services.”
“If the private sector believes this project is feasible, they should carry the pre-construction work forward, rather than relying on Amtrak and the American taxpayer to bail them out,” Duffy added.
State Sen. Charles Schwertner (R-Georgetown) posted on X, “Thank you to President Trump and Secretary Duffy for standing up for taxpayers and terminating the $63.9 million grant to Amtrak for the proposed high-speed rail project between Houston and Dallas.”
Even the $10 billion version was a boondoggle that wouldn’t have made money and required taxpayer subsidies to stay afloat, and more likely never would have been completed anyway. High speed passenger rail works in Japan because they already had high urban density and an existing rail system and culture to support it. Texas has none of those things, and even if it was built it would never be profitable here (or just about anywhere else).
And just to drive the point home: The highest density high speed rail in Japan seats 1,634 passengers. Assume passengers pay $100 a ticket each way, the train is entirely full, and the Texas high speed rail train runs six times a day (all optimistic and unlikely assumptions), 365 days a year, and you get $357,846,000 a year in gross revenue, which means, even without the including the cost to run the train, it would take just under 112 years to make back the initial investment.
Despite his new position as a vice chair of the DNC, gun control weasel David Hogg wants to primary old Democrats. In this particular task I wish the little weasel the best of luck.
This is your mayor on social justice. “The mayor of South Fulton faces an eviction action at an Atlanta apartment complex, Fulton County court documents show, adding another development to what’s been a turbulent year so far for the city leader. Mayor Khalid Kamau, who has gone recently by Mayor Kobi, has had eviction proceedings initiated against him in Fulton County Magistrate Court by an apartment complex at 6200 Bakers Ferry Rd. Court documents show the complex filed to initiate eviction after alleging Kamau failed to pay rent in March.”
Snip.
Documents show the amount of past due rent was listed at $1,663.77. A late fee of $100, utilities of $39.77 and “other fees” amounting to $175 are also being sought.
Kamau has been at odds in recent weeks and under scrutiny from the South Fulton City Council over his spending and alleged “abuse” of the position.
He in turn has defended himself from what he has termed the City Council’s “overreach” after his access to city buildings was revoked and his budget frozen in February, and said he has faced resistance from the council throughout his tenure.
The move by the city council came after reports on the mayor’s trips — which spanned four continents in four months — as well as updates at City Hall that included a film studio and refurbished conference/pool table room. The City Council voted to redistribute several pieces of new electronic equipment to the city IT department and send back the film studio.
I know you’ll be shocked, shocked to learn that Kamau is a Democratic Socialist…
Your feel-good dog story of the week: A dog named Buford kept a two-year old boy safe after the latter wandered seven miles from his home. Another article states that Buford is an Anatolian Pyrenees.
I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.
On Monday, Nvidia announced that it has started producing its Blackwell AI GPUs at TSMC’s plant in Phoenix, Arizona, while companies within the state package and test them.
TSMC, or Taiwan Semiconductor Manufacturing Co., is the world’s biggest chipmaker and announced a $100 billion investment in US chipmaking last month. It began producing chips using the 4nm process at its Arizona factory in January and has plans to make chips with the more efficient 2nm technology by the end of the decade.
Nvidia doesn’t say which Blackwell chips it has started producing at TSMC’s plant and whether it includes the latest Blackwell Ultra GB300 chip it revealed earlier this year. Blackwell chips use TSMC’s custom 4NP process, according to Nvidia’s website.
The world’s leading manufacturer of graphics processing units (GPU) and advanced chips has announced it will build new plants in Texas, amid global economic shake-ups.
Note: Plants, not fabs.
NVIDIA has announced partnerships with Foxconn and Wistron to build “supercomputer manufacturing plants” in both Dallas and Houston. These global companies are “expanding their global footprint” and their international presence for the purposes of “hardening supply chain resilience” in their partnership with NVIDIA.
“Manufacturing NVIDIA AI chips and supercomputers for American AI factories is expected to create hundreds of thousands of jobs and drive trillions of dollars in economic security over the coming decades,” the announcement states.
The mass production of chips at these plants is expected to begin in the next 12 to 15 months. The $500 billion investment in AI infrastructure within the U.S. does not make mention of direct government subsidies or public financial incentives related to NVIDIA’s recent announcement.
I’m quoting that summary because it demonstrates that it’s easy to misunderstand things about the industry if you aren’t familiar with it. The way it’s worded make you think the “plants” are the Texas facilities they’re going to be building in 12-15 months, but the actual Nvidia press release makes clear than TSMC is doing the fabbing:
NVIDIA is working with its manufacturing partners to design and build factories that, for the first time, will produce NVIDIA AI supercomputers entirely in the U.S.
Together with leading manufacturing partners, the company has commissioned more than a million square feet of manufacturing space to build and test NVIDIA Blackwell chips in Arizona and AI supercomputers in Texas.
Note the more precise wording.
NVIDIA Blackwell chips have started production at TSMC’s chip plants in Phoenix, Arizona. NVIDIA is building supercomputer manufacturing plants in Texas, with Foxconn in Houston and with Wistron in Dallas. Mass production at both plants is expected to ramp up in the next 12-15 months.
The AI chip and supercomputer supply chain is complex and demands the most advanced manufacturing, packaging, assembly and test technologies. NVIDIA is partnering with Amkor and SPIL for packaging and testing operations in Arizona.
Within the next four years, NVIDIA plans to produce up to half a trillion dollars of AI infrastructure in the United States through partnerships with TSMC, Foxconn, Wistron, Amkor and SPIL. These world-leading companies are deepening their partnership with NVIDIA, growing their businesses while expanding their global footprint and hardening supply chain resilience.
Now, if that half trillion does get spent (no guarantee, since press releases aren’t legally binding; try to contain your shock), that would certainly buy a lot of cutting edge fabs. Nvidia is one of the few companies that has the financial resources to build their own cutting edge fabs (Apple is another), but I get the impression that they’re going to partner with TSMC. In fact, I wouldn’t be surprised if they follow the Apple model, where they tell a company “Here’s X amount of money, go build a fab. You’ll give us the first 24 months of production at x-cost per chip, and after that the fab is yours free and clear.” This is one of the tools Apple used to become the dominate tech buyer, and what some call a monopsony.
As far as building their own supercomputers, that’s great for Texas and not so great for Hewett Packard Enterprise, which finished their acquisition of Cray in 2021.
The Trump administration has effectively barred Nvidia (NVDA) from selling its custom artificial intelligence processors to customers in China. The move will force the AI chip leader to write off up to $5.5 billion in inventory and purchase commitments in its fiscal first quarter. Nvidia stock fell Wednesday.
Late Tuesday, Nvidia disclosed in a regulatory filing that the U.S. government is now requiring it to get an export license to sell its H20 processor in China and other restricted countries. Nvidia said it was informed of the move on April 9, the same day NPR erroneously reported that the White House would not seek further restrictions on the chips Nvidia can sell in China.
Your tax dollars at work.
Nvidia said the U.S. government told it on Monday that the license requirement will be in effect for the indefinite future.
Wall Street analysts say Nvidia’s write-off indicates that the company believes it won’t be granted licenses to sell H20 processors in China.
The H20 was designed for the Chinese market to comply with Biden-era restrictions on selling advanced processors there. The H20 is less capable than the Blackwell series chips Nvidia sells in the U.S. and other markets.
“With Nvidia writing off associated H20 inventory, it appears the company is taking the position that it will not be granted licenses to ship product to Chinese customers (with no other geography likely to take the governed silicon given the availability of more powerful standard Hopper or Blackwell SKUs),” Wedbush analyst Matt Bryson said in a client note Wednesday. SKU stands for “stock keeping unit,” a unique identifier for products used in inventory management.
China represents a little over 10% of Nvidia’s revenue.
The Trump Administrations believes (probably correctly) that AI is a key strategic industry and that we don’t need to give China any help there.
A half trillion dollars is a lot of cheddar, even for the (as of today) company with the third largest market cap in the world…
President Trump announced his tariffs on countries, especially those that tariff goods from the United States.
President Donald Trump on Wednesday imposed sweeping new tariffs on all imported goods and unveiled a detailed list of reciprocal duties targeting more than 60 countries, asserting that the move is necessary to combat trade imbalances and restore U.S. manufacturing.
“This is Liberation Day,” Trump said during a Rose Garden ceremony, holding up a printed chart of countries and their new tariff rates. “For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.”
The tariffs, which he described as “reciprocal,” fulfill a key campaign pledge and are aimed at pressuring trade partners to lower their own barriers. The administration expects the new rates to remain in place until the U.S. narrows a $1.2 trillion trade imbalance recorded last year.
But the extensive list of tariffs also threatens to upend the U.S. economy, as many — but not all — economists say they amount to taxes on American companies that will be passed down to consumers.
Trump held up a chart while speaking at the White House, showing the United States would charge a 34 percent tax on imports from China, a 20 percent tax on imports from the European Union, 25 percent on South Korea, 24 percent on Japan and 32 percent on Taiwan.
The centerpiece of the announcement is a 10 percent universal baseline tariff on all imports, effective immediately. For instance, Chinese imports are now subject to cascading tariffs of 10, 20 and 34 percent, for a total of 54 percent.
In addition, Trump’s administration imposed country-specific reciprocal tariffs on nations it accuses of unfair trade practices — including India, Vietnam, and the European Union, in adding to China. The rates are calibrated at approximately half the rate those countries impose on U.S. goods.
For example, China, which Trump said charges 67 percent in tariffs on U.S. goods when factoring in non-tariff barriers, will now face a 34 percent reciprocal tariff under the new system, in addition to the 10 percent baseline tariff and the 20 percent tariffs already in effect. Vietnam, assessed at 90 percent, will face a 46 percent tariff; India at 52 percent will now see 26 percent duties; and the EU, which imposes 39 percent, will be met with a 20 percent response, according to the White House chart.
This is a “devil in the details” issue that has a lot of ramifications depending on how the directives are written. But several of those countries are big players in semiconductors, so here’s a quick and dirty look at winners and losers if those tariffs stay in place a significant amount of time.
The main countries here, along with the reciprocal tariffs being applied to them:
Taiwan (32%)
South Korea (25%)
China (34%)
European Union (not a country, but they play one on TV) (20%)
Japan (24%)
Singapore (10%)
Israel (17%)
Save a few smaller, older fabs here and there, that’s pretty much 99% of semiconductor manufacturing, though Vietnam (46%) and the Philippines (17%) do a lot of semiconductor package assembly work, and the tariffs may apply to them, depending on wording.
So let’s look at the business Losers and Winners in the space. (Note: You might find this post useful, as it defines some of the semiconductor industry terms used here.)
Losers
TSMC: As the world’s biggest and most important chip foundry, the Taiwanese tariffs will hit TSMC hard. Their U.S. fab in Arizona isn’t ready for production yet, so all their chips will (theoretically) get hit with tariffs, assuming Trump doesn’t grant them a waiver because they’re already constructing a plant. But if they do go into effect, possibly even more heavily impacted will be:
TSMC customers, including Apple, Nvidia and AMD. All three get their very highest-end, cutting edge, sub-10nm chips fabbed there. For Apple, the M-series and A-series chips made there form the heart of all their Macs and iPhones. Likewise, Nvidia gets its highest end GPU/AI/etc. chips fabbed by TSMC. AMD’s most powerful CPU’s are also fabbed by TSMC, though some lower end chips are made elsewhere (like GlobalFoundries).
Tokyo Electron: Japan’s biggest semiconductor equipment manufacturer assembles pretty much all their equipment in their home country. 24% tariffs may make their equipment uneconomical compared to rivals Applied Materials and LAM Research.
South Korean DRAM manufacturers Samsung and SK Hynix: 25% tariffs will definitely impact sales in a market segment whose overall margins (robust in booms, and barely breaking even during busts) are thinner than others.
Every American electronics company that uses DRAM. Which is pretty much every American electronics company.
Every American AI boom company. Their data center costs are going up, while those of their foreign competitors are not.
Korean flat panel display manufacturers Samsung and LG Semicon, who between them control over 50% of the market.
Every American TV and monitor manufacturer, the vast majority of which have their devices manufactured overseas.
UMC: They’d fallen woefully behind TSMC for foundry work, and they won’t be winning much additional American business now.
Every company trying to build a sub-10nm fab in the U.S., as steppers from Netherlands-based ASML just got more expensive and the competition to obtain them might have increased.
Pretty much every fab in China just got more screwed…but they were pretty screwed (and trailing badly) before.
American fabless chip startups: Their costs for getting chips to market probably increased.
Winners
Applied Materials, LAM Research and KLA Tencor. Buying competing Tokyo Electron equipment just got more expensive, and a bunch of companies now have incentives to build fabs in America.
Intel: Assuming they’ve finally got their process technology sorted out (a big if), they’re well-positioned to take CPU market share from AMD and to grow their under-performing foundry business.
Micron (sort of): As the only American DRAM manufacturer, they can probably earn more per each chip produced domestically. But Micron has a lot of overseas fabs these days, and building new domestic DRAM fabs will take years.
GlobalFoundries: The costs of their global competitors just increased, so they can probably win more business for their domestic foundries…if they have the available wafer starts. But they have a lot of foreign fabs as well.
Samsung‘s US foundry business. Presumably the wafer starts for their Austin and Taylor fabs will see increased demand.
Maybe Texas Instruments, but I’m not sure how much mixed-signal and analog competition they have, and that’s their bread and butter.
Neutral
ASML: Being in the Netherlands and having TSMC as their biggest customer, you figure they’d be hurt, but no. You can’t get EUV steppers from anyone else, and I get the impression they’re building EUV steppers as fast as they possibly can already. Anyone building a cutting-edge fab will just have to pay more to get them.
Tower Semiconductor: Half their foundries are in Israel and half in the U.S., so I figure it’s a wash.
That’s my quick and dirty analysis. Of course, Trump is using tariffs like a battering ram to smash foreign tariffs, and if he’s immediately successful, there probably will only be minor hiccups in the global supply chain. But if not, a whole lot of disruption might lie ahead, and it usually takes a minimum of 3-5 years to bring a new fab online.
I know that any time I talk about semiconductors, a significant percentage of my readership’s eyes glaze over, but this is Big Freaking News.
Intel shares rose 6% in premarket trading after Reuters reported that Taiwan Semiconductor Manufacturing, or TSMC, had approached US chip designers Nvidia, Advanced Micro Devices, and Broadcom about taking stakes in a joint venture that would operate the struggling chipmaker’s factories.
Four sources told Reuters that the Taiwanese chipmaking giant would run Intel’s foundry division under the new proposal, producing chips tailored to customer requirements but not owning more than 50%. The sources added that Qualcomm has also been approached about the venture.
TSMC is far and away the largest chip foundry (a company that builds chips for other companies, but doesn’t design its own chips) in the world, and the one with a clear technological lead over everyone else. TSMC has the third largest market cap of any semiconductor company.
Broadcom is the second-largest semiconductor company in the world by market cap, and they have their fingers in a lot of different pies: networking, wireless, storage, you name it. They’re generally considered a fabless chip designer, but the company is such a weird amalgamation of other companies (what we call Broadcom used to be Avago until they acquired Broadcom in 2016) that they might still have a lower end fab or two lurking somewhere in the company. They also use TSMC as a foundry, though I’m not sure how extensively. They’ve also recently made a big move into software, acquiring CA Associates and VMWare, among others.
Nvidia is a fabless chip designer (the sort of company that contracts with foundries to fab their chips) that went heavily into high end GPUs (the chips that render video for your PC, in Nvidia’s case geared toward high end games and other highly demanding tasks), then crypto-mining chips, and more recently into chips geared for AI applications, all very lucrative market segments, which has made Nvidia not only first among semiconductor market cap, but among the largest companies by market cap in the world (along with Apple and Microsoft). Nvidia has their chips fabricated by TSMC, as well as some by Samsung and GlobalFoundries, which was spun off from…
Advanced Micro Devices, which used to be an Integrated Device Manufacturer (or IDM, a company designs their own chips and builds them in their own fabs) creating Intel-compatible CPUs, but eventually spun off their fabrication plants as GlobalFoundries because they couldn’t keep up with Intel’s capital spending. AMD also has some of their highest end chips fabricated by TSMC. If AMD were to help take over Intel, it would be an extremely ironic ending to a longtime rivalry.
Qualcomm is a lot like Broadcom: A mostly fabless design house with its fingers in lots of different pies, and they’re about the sixth largest semiconductor company by market cap. Broadcom tried to acquire Qualcomm in 2017-18 and was blocked by the Trump45 administration.
Intel is an IDM, and for decades was the undisputed “chipzilla” of the semiconductor world. Intel’s CPUs were the dominant processor for the vast majority of the last 40 years and a huge ingredient for helping create the PC revolution. Intel used to be the technology process leader as well, but somewhere along the way they screwed up their sub-10nm process nodes, allowing TSMC to take the process technology crown. Indeed, they screwed up so badly that they’ve been forced to have TSMC fab some of its highest end chips. Despite having a vast number of fabs, Intel’s market cap has slipped down to 16th among semiconductor companies.
Back to the piece:
The sources noted that the Trump administration is exploring ways to revive Intel and strengthen US manufacturing under the ‘America First’ agenda. They added that TSMC’s joint venture pitch to chip designers took place before the company, alongside President Trump, announced plans last month to invest $100 billion in semiconductor manufacturing in the US, building on its existing $65 billion investment in its Phoenix, Arizona, factories.
Any deal between TSMC and Intel would be subjected to approval from the Trump administration.
If the Trump Administration’s goal is to increase available sub-10nm wafer starts (and it should be) and maintain American control of Intel’s fabs, then this proposal is a win-win. Intel’s fabs plus TSMC’s tech would create a foundry powerhouse. It wouldn’t happen overnight (nothing in semiconductors happens overnight), but probably in 12-24 months, depending on how quickly the new entity can acquire the necessary pieces of equipment to upgrade Intel’s fabs to thee new tech (I’m guessing that the availability of ASML steppers will, as usual, be the gating factor). And all this without the tens of billions in taxpayer subsidies for the CHIPS Act.
If this goes through, it would have mostly winners, with a few losers:
Winners
Every company that’s part of the deal. TSMC gets to radically expand production capacity without spending $20 billion+ to build a new fab. Nvidia, AMD, Broadcom and Qualcomm gain a lot more capacity for expanding production of their high end chips. Ditto for Apple (who’s not part of the deal, but who is TSMC’s biggest customer and a big demand driver for cutting edge fab capacity) and every other consumer of sub-10nm chips.
AMD additionally gets the egoboo of partially taking over its longtime hated rival and confirming it’s crown as the x86/x64 chip manufacturer of choice. Plus their then-risky decision to spin off GlobalFoundries looks like a genius move in hindsight.
The Trump Administration, which gets to take credit for vastly increasing American Foundry capacity at zero additional taxpayer expense and keeps Intel under American control.
Semiconductor equipment manufacturers like ASML, Applied Materials, LAM Research, Tokyo Electron and KLA (short term). It’s likely most or all of those companies (along with smaller players like Axcelis and Teradyne) will receive a bump in extra sales from leveling up Intel’s fabs to run TSMC’s process.
American chip startups: With so much high end capacity becoming available, existing and potential chip startups are going to look like more attractive investment capital opportunities.
ARM Holdings: ARM doesn’t make chips, they’re an IP design house that licenses their functional chip blocks to other chip designers. Just about every foundry and IDM is a licensee (yes, including Intel and TSMC), so unleashing more chip designs will almost certainly result in more royalties for ARM. (Nvidia tried to buy ARM in 2020, and regulators quashed that idea good and hard.)
Intel investors, who will either get a big lump-sum payment or shares in the new, probably far more profitable company (depending on how the buyout is structured).
Even Intel wins long-term by unleashing existing fab capacity to take on new business not tied to its faltering CPU manufacturing model. And actually, with TSMC’s process, Intel has a chance to recover in the CPU space as well.
Losers
Samsung: Along with TSMC and Intel, Samsung (which has both IDM and foundry components) has some of the best sub-10nm process tech in the world. They gain a whole lot of unleashed competition and stand on the outside looking in.
Intel‘s dreams of reclaiming their spot at the top of the heap, and suffering the indignity of being partially owned by AMD. How the mighty have fallen.
Every Chinese fab, which goes from “very far behind” to “even further behind.”
Semiconductor equipment manufacturers (long term): They better enjoy the out-of-band upgrade money from retrofitting Intel’s fabs, as it will likely mean a significant delay in anyone building a new cutting edge wafer fab for quite a while. And having two of their biggest customers team up is probably going to put them under a lot of downward pricing pressure.
GlobalFoundries (and other trailing edge foundries) might lose some business, but there’s very little overlap between Intel/TSMC cutting edge processes and GlobalFoundries trailing-edge fabs. Ditto UMC.
Are there anti-trust concerns with such a heavy accumulation of cutting edge process technology? Oh yeah. Big time. But almost all of those concerns were already there in some form or another thanks to the interconnected “cooperation” nature of the industry. All those companies going in with TSMC were already getting chips fabbed by TSMC. Samsung could try to claim that the deal would result in TSMC having a de-facto monopoly on sub-10nm foundry business, but it wouldn’t start with one, and that business isn’t the whole of foundry business (though it is the most profitable part), much less semiconductors as a whole.
Given that this would go a long way toward achieving Trump’s goal of increasing cutting edge fab capacity in America, I would imagine that the Trump47 administration could very well be persuaded to let this deal go through.
We’re in the last stretch of the 2024 campaign, Joe Rogan did a great interview with J. D. Vance, all sorts of sketchy voting problems surface, IDF dirtnaps another Hamas terrorist scumbbag, Nvidia replaces Intel, and influencers prioritize selfies over survival. It’s the Friday LinkSwarm!
Joe Rogan did a really great interview with J.D. Vance. The Trump interview was good, but Trump did his usual looping and weaving thing. Vance comes across as not only smart and confident, but seems (unlike Kamala Harris) extremely comfortable in his own skin.
A large number of suspicious voter registration applications were dropped off at the county elections office near Monday’s deadline, county officials said. An investigation by the district attorney’s office found incorrect addresses, false identification information, false names and names that did not match Social Security information.
Shenanigans: “Kentucky County Clerk Confirms Voting Booth ‘Glitch’ Shifted Trump Votes To Kamala.”
A victory. “Supreme Court Allows Virginia to Remove Noncitizens from Voter Rolls before Election.”
We’ve passed the peak of woke politics in the U.S., and the Harris for president campaign is the leading indicator.
Of all the things that Kamala Harris wants you to know about her — that she grew up in a middle-class family, that she’s not Joe Biden, that she has a “to-do list” for the American people — perhaps foremost among them is that she’s not woke.
She doesn’t have any rote line asserting this, but achieving distance from the fashionable left-wing politics that defined the Trump years and their immediate aftermath motivates much of what she says and does.
That Harris now feels compelled to disavow so many of the ideas that she once embraced is powerful testament to their political toxicity.
An idea has won or lost in American politics when both parties favor or oppose it, or simply don’t want to fight over it anymore. Ronald Regan’s economics truly prevailed when the Democratic Party, via Bill Clinton in the early 1990s, accepted his basic approach. Gay marriage won politically when Republicans decided to stop talking about the issue.
By this standard, woke attitudes and policies are in marked decline, and Kamala Harris is Exhibit A.
Except for her abortion radicalism, she’s turned her back on much of what she once professed to believe or sympathize with.
Defund the police? Absolutely not.
Abolish ICE? No way.
DEI? Haven’t heard of it.
Medicare for all? That was a long time ago.
The Green New Deal? Let’s not get carried away.
She has backed off her extravagant positions on the trans issue and the border. She now insists that rather than pushing the envelope on either, she simply wants to follow the law. You could be forgiven for thinking the only pronouns she knows are she/her and he/him.
Harris doesn’t bring up identity politics at all. Not only does she not talk about the once-ubiquitous concepts of white privilege or “equity,” she doesn’t even talk about breaking the glass ceiling or the history-making nature of her candidacy. Listening to her campaign, you’d have no idea that the twin -isms, racism and sexism, have been consuming obsessions of the Left for years now.
But if she gets elected, just like Obama, she’ll abandon all of her moderate positions and rush back to her radical roots.
Former President Donald Trump says that if reelected, he’ll create a government efficiency task force — and that Elon Musk has already agreed to lead it. During a speech in New York on Thursday, Trump said the new efficiency commission would conduct a “complete financial and performance audit of the entire federal government” and make recommendations for “drastic reforms.”
I hope Musk gets out a big axe and that the Trump Administration actually balances the budget. (Hat tip: Borepatch.)
The Green New Scam is dying. Color me skeptical as long as there’s graft to rake off…
Who watches the watchmen? “Eagle Pass Detective Sentenced to 10 Years for Hiding Illegal Aliens in Rental Properties. Hazel Eileen Diaz ran stash houses for a human smuggling organization.”
The IDF eliminated Hamas’s National Relations head Izz al-Din Kassab on Friday in Khan Yunis, Gaza, who was also one of the last remaining members of the terrorist organization’s political bureau still inside the Palestinian enclave.
The strike that killed Kassab was completed based on IDF and ISA intelligence. His assistant Ayman Ayesh was also killed in the strike.
He was also responsible for Hamas’s relations and cooperation, whether strategic or military, with other terrorist organizations within the Gaza Strip such as the Palestinian Islamic Jihad.
The rise and fall of China’s “mistress villages.” Bonus: The Hong Kong businessmen who used to keep mistresses in Shinjin are now evidently buying houses for a new generation of them in the Rowland Heights area of Los Angeles…
Rapper and big money Cook County Democratic Party donator Lil Durk, AKA Durk Devontay Banks, has been arrested in a murder-for-hire scheme against a fellow rapper. (Hat tip: Dwight.)
Records show the investment arm of two major Texas universities bought shares in more than 50 Chinese companies.
On September 23, the American Accountability Foundation exposed how the University of Texas/Texas A&M Investment Management Company’s asset managers advanced leftist ideology through their shareholder resolutions.
On October 17, UTIMCO President and CEO Richard Hall told state senators that he was “not happy with those votes” and the firm “would do better.”
However, a deeper dive into the records AAF acquired also revealed concerning investments. According to records, UTIMCO has invested money in Chinese companies.
UTIMCO allocated some of its assets to the following entities: Connor, Clark & Lunn Investment Management, JP Morgan Asset Management, and Acadian Asset Management. The three asset managers participated in shareholder votes in China-based companies, revealing the UTIMCO investments in these businesses.
In October 2023, Connor, Clark & Lunn participated in a shareholder vote for Topsec Technologies Group, a China-based cyber security company. Reuters reported that Topsec provides “network security products, big data products, and cloud services to customers in various industries such as government, finance, operators, energy, health, education, transportation, and manufacturing.”
There were shareholder votes for Huaneng Power International, Inc., a power company that boasts of being “one of the largest listed power producers” in China. Their parent company is China Huaneng Group Co., Ltd., which owns more than 50 percent of HPI shares. According to their website, the company is “a key state-owned company established with the approval of the [China] State Council.”
In December 2023, the management company Connor, Clark & Lunn Investment Management voted 19 times for electing various individuals as directors or supervisors of the Chinese company.
Snip.
AAF records showed other investments into China by UTIMCO fund managers, including BOE Technology Group Co., Ltd., Haier Smart Home Co., Ltd., Opple Lighting Co., Ltd., and LONGi Green Energy Technology Co., Ltd.
A million-dollar cheating ring resulted in at least 210 unqualified teachers, including two sexual predators, receiving teacher certifications. The ring was exposed this week after the Harris County District Attorney’s Office filed charges against five individuals involved.
The alleged ringleader is Vincent Grayson, the head boys basketball coach at Houston’s Booker T. Washington High School.
Also charged are Tywana Gilford Mason, the teacher certification test proctor; Nicholas Newton, an assistant principal who served as the proxy test-taker; Darian Nikole Wilhite, another proctor; and LaShonda Roberts, an assistant principal at Yates High School who helped recruit would-be teachers.
All are charged with two counts of engaging in organized criminal activity.
Allegedly, candidates seeking certification would pay Grayson $2,500. He would then give a 20 percent portion to Gilford Mason, who would then allow Newton to sit for the test under the teacher’s name. The candidates would be given a testing time and location by Gilford Mason, then show up, sign in, and leave. Newton would then arrive and take the test for them.
And now the unqualified teachers who got in on this scheme are out there teaching children…
Sony shuts down studio that released disastrous $400 million woke shooter Concord.
Big news for your portfolio: “Nvidia To Replace Intel In The Dow Jones Industrial Average.” Nvidia has certainly been on a tear as of late, but if Intel hadn’t screwed up their sub 10nm process, this wouldn’t be happening.
It would take a heart of stone not to laugh. “These influencers refused to wear life jackets on a yacht because it would ruin their selfies. They drowned when their boat sank.”
On Joe Rogan, Peter Thiel has an interesting answer to conservatives wondering why California hasn’t collapsed already: California is essentially Saudi Arabia.
Joe Rogan: “California just jacked their taxes up to 14[% at the highest marginal rate], what was it, 14.4[%]?”
Peter Thiel: Something like that, yeah. 14.3[%] I think.”
JR: “You want more money for doing a terrible job, and having more people leave for the first time ever.”
PT: “But it gets away with it.”
JR: “I know! People are forced with no choice. What are you going to do?”
PT: “There are people at the margins who leave, but the state government still collects more and more in revenues. You get 10% more revenues and 5% of the people leave you still increase the amount of revenues you’re getting. It’s inelastic enough that you’re actually able to increase the revenues.”
PT: “This is sort of the the crazy thing about California. There’s always sort of a right-wing or libertarian critique of California that it’s such a ridiculous place, it should just collapse under its own ridiculousness and it doesn’t quite happen.”
PT: “The macroeconomics in it are are pretty good. 40 million people, the GDP is around 4 trillion. It’s about the same as Germany with 80 million, or Japan with 125 million. Japan has three times the population of California same GDP means one-third the per capita GDP, so there’s some level on which California as a whole is working, even though it doesn’t work from a governance point of view.”
PT: “The rough model I have for how to think of California is that it’s kind of like Saudi Arabia. They have a crazy religion, wokeism in California, Wahhabism in Saudi Arabia. You know not that many people believe it, but it it distorts everything.”
PT: “Then you have like oil fields in Saudi Arabia and you have the big tech companies in California, and the oil pays for everything.”
PT: “Then you have a completely bloated, inefficient government sector, and you have sort of all sorts of distortions in the real estate market where people also make lots of money, and sort of the government and real estate are ways you redistribute the oil wealth. And that’s the big tech money in California.”
PT: “It’s not the way you might want to design a system from scratch, but it’s pretty stable. People have been saying Saudi Arabia is ridiculous, it’s going to collapse any year now. They’ve been saying that for 40 or 50 years. But you know, if you have a giant oil field you can pay for a lot of ridiculousness.”
PT: “I think that’s the way you have to think of California. There’s things about it that are ridiculous, but there’s something about it. It doesn’t naturally self-destruct overnight.”
JR: “There’s a lot of people that are still generating enormous amounts of wealth there, and it’s too difficult to just pack up and leave.”
PT: “I think it’s something like four of the eight or nine companies with market capitalizations over a trillion dollars are based in California: Google, Apple, now Nvidia, Meta…I think Broadcom is close to that.”
Thiel also points out the great weather, and notes that there’s no large enough city in a zero income tax state tempting enough (at least for him) to move to. Austin he dismisses because “Austin’s a government town and a college town and a wannabe hipster San Francisco town, so in my books, three and you’re kind of out.”
Of course, the big difference between Apple, Nvidia, etc., and Saudi Aramco, is that all those tech companies could still move to another state, as Elon Musk proved by moving much of Tesla and SpaceX to Texas. But that oil isn’t going anywhere until the Saudis (or the western companies they hire) pump it out.
Also, under Crown Prince Mohammed bin Salman, the Saudis have sidelined the Wahhabist clerics, so that the state religion is moving (if slowly) in a more modern direction.
Alas, since the pact between Muhammad bin Saud and Muhammad bin Abdul Wahhab dates back to about 1745, this metaphor suggests that wokeism still has a quarter millennium to run.
Let’s hope that the poisoned cult of social justice has a much shorter stretch until its richly deserved demise.
The Biden recession and other trends made 2023 a horrible year for startups.
“Big startups are shutting down. According to PitchBook, more than 3,000 private venture backed startups failed in the last year.”
“Of the startups raising money, 19% were funded at a lower valuation than in prior funding rounds.”
“38% of VCs disappeared from dealmaking last year and more than a quarter of a million workers at tech companies were laid off over the same period.”
“US corporate bankruptcy filings closed out 2023 with the most filings since 2010. The year has been described as a mass extinction event for startups in the press.”
Some of the startup failures Boyle namechecks (Hyperloop, Bird) seemed like stupid ideas from the git-go. “Bird the electric scooter rental company—which was also supposed to reinvent public transportation—filed for chapter 11 bankruptcy protection. It was the fastest startup to ever land a billion-dollar valuation, and at its peak was worth two and a half billion dollars. It was delisted from the New York Stock Exchange in September after failing to maintain a market cap of above $15 million dollars for 30 consecutive days.”
“Who would have thought that renting scooters to drunk people for a dollar (who would then throw them in a canal on their way home) would be a money losing business? Bird ran up more than $1.6bn in net losses since 2018 before finally running out of money.”
Smile Direct Club: $8.9 billion valuation at 2019 IPO. “The stock fell in value over time as the company proved to be unprofitable year after year. The company shut down last month $900 million dollars in debt.”
One I never heard of: “The health tech startup Olive AI which reached a peak valuation of $4 billion dollars in 2020 driven by the need for automation in healthcare during the pandemic. The company raised over 900 million dollars from investors. In 2022 the company began laying off staff citing ‘tough economic conditions.’ The company was allegedly trying to raise money when it abruptly shut down in November. Going out of business in 2023 was particularly surprising for a company with AI in its name.” Indeed, AI seems to be the current space where stupid money goes to die.
Another one I never heard of: Zume.
No.
“Zume – the robot pizza delivery company which had raised $445 million dollars in VC funding, the majority of which came from SoftBank in 2018 at a two and a quarter billion-dollar valuation, shut down this summer.” Stupid, but at least I can see why California companies would invest heavily in food automation with that $16 (and rising) minimum wage.
WeWork “set out to revolutionize office real estate – by having an app – which I’m told didn’t work very well, and free beer on tap filed for bankruptcy in November.” I’ve covered WeWork previously.
“WeWork and its founder Adam Neumann were the poster boys of how a blitzscaled business model led by a charismatic founder could apply a veneer of technology to an old business idea and attract venture capital funding to achieve a multibillion dollar valuation.”
“At its peak, WeWork was valued in private markets at $47 billion dollars. Softbank alone invested 16 billion dollars into the company. Masayoshi Son, SoftBank’s founder, allegedly invested his first $4.4 billion dollars in the shared office space company after Neumann gave him a 12-minute tour of a WeWork in 2016. With such a short tour, it’s unlikely that the free beer even had an impact.”
“Softbank – run by Masayoshi Son (Japan’s Cathie Wood) was one of the biggest startup investors in the last decade. They invested in all sorts of non tech companies that were made to look like tech in order to attain a sky-high valuation. According to Bloomberg, the SoftBank Vision Fund alone lost $53 billion dollars over the last two years on startup investments.”
“We have seen a very difficult period for startups over the last year or two, but it comes in the wake of probably the best period for VC backed startups in decades. During the decade from 2011 to 2021 VC investment in private start-ups grew more than sevenfold, from 46 billion dollars in 2011 to $345 billion dollars in 2021.”
“In 2022 when the federal reserve began hiking interest rates, this money began drying up as investors lost their taste for unprofitable, but high growth, investments.”
That investment boom was driven by two things: Low interest rates and “a recent history of profitable exits from VC funded startups like Facebook, Google, Whatsapp and Snap meant that investors were suddenly paying a lot of attention to tech startups – hoping to repeat those successes.”
“Venture capital went from being a small asset class run out of offices on Sand Hill Road that had burned investors in the dot com bubble to a massive global asset class like hedge funds or private equity.”
The Flu Manchu lockdowns brought investment from “‘working from home’ companies like Zoom and Peloton.” I always thought of Peloton as a lifestyle luxury brand.
“People were using apps like Uber and DoorDash for food delivery, and booking rentals on Airbnb to get out of big cities now that they no longer had to turn up in the office.”
“While the prior wave of profitable high growth tech stocks had been (one way or another) in the advertising space, or in businesses like cloud computing, the new wave of startups had untested business models—gig economy businesses which attracted a lot of competition and might never flip to profitability—or robot-made pizza which would be cooked on route to a customer’s home.”
“A lot of the VC’s possibly believed in many of the questionable investments that have since gone bust, but a venture capital fund isn’t really there to hold on to these investments until the underlying business flips to profitability. They invest at the idea stage with the goal of selling these businesses on to the public when the hype is at its peak.”
“They did manage to unload a number of the biggest flops like WeWork – but not at the valuations they were hoping for, and have found themselves holding the bag on a lot of investments that they bought into at peak valuation.”
“The huge valuations many of these companies were attaining in the private market may have been more of a function of how much money had flowed into the private tech startup market since 2011 rather than necessarily reflecting the quality of these companies and their business models.”
“According to Erin Griffith at The New York Times, $27.2 billion dollars in VC funding had gone into the 3,200 venture-backed companies that went out of business in the first 11 months of 2023.” And that’s just the firms trackable on PitchBook. The true total is almost certainly higher.
“That 27.2 billion dollar number excluded many of the largest startup failures that went public, like WeWork, or that found buyers at much lower prices than VC investors had invested at.”
“The hype around AI that we have seen in the last year has masked a lot of the losses in the tech space.”
“Meta was up 178 percent last year due to a combination of AI hype and cost cutting within their core business. This covers up the 46.5 billion dollars lost on the Metaverse – which no one will venture into, for fear that they run into Mark Zuckerberg.” I strongly suspect that a lot of those VR losses are actually money siphoned off for something else.
Despite this, stocks like Meta, Microsoft and Nvidia have hit all-time highs.
“One of the negative economic effects of startup shutdowns is that in such an environment it becomes harder for founders with good business ideas to get funding.”
“According to PitchBook, the number of active investors in US Venture Capital, which was defined as firms that made two or more deals in the last year, plummeted by 38% in the first three quarters of 2023 compared to the same period the prior year.”
Many of the startup failures were zombie companies, those that should have failed earlier but were kept alive by VC money and low interest rates.
“No one wants to see firms going out of business, especially startups which are often the most exciting and innovative firms, but if a business model makes no sense, or only works in a zero-interest rate environment, then its disappearance means that capital can again flow in the direction of the best businesses.”
The startup bust has direct negative effects on me personally, as I’m still between technical writing positions, and a lot of the jobs I’ve gotten over the past two decades have been with startups.
Progressives kick Jews out of the club, San Francisco cleans up for a communist dictator (but not mere citizens), FBI busts a brothel catering to politicians…then refuses to divulge their clients, and The Marvels crashes and burns on opening weekend. It’s the Friday LinkSwarm!
To sustain the alliance between leftists and Islamists, something had to give. And that something was Jews.
After a while, it became a parody worthy of classic comedy skits: the Biden administration’s reflexive need to launch into a condemnation of “Islamophobia” every time the discomfiting topic of antisemitism came up — which, you may have noticed, it does quite a bit these days.
Progressives hate antisemitism. Not, unfortunately, the concept . . . the word. It holds a mirror up to their internal contradictions.
Jews have been among the most consequential, cutting-edge progressives in history. A few months back, I reviewed Democratic Justice, Brad Snyder’s biography of Felix Frankfurter, who may have been as responsible for forging the dominance of American progressivism as Franklin D. Roosevelt, the president he zealously served. Alas, Frankfurter would not be welcome today in what’s become of his movement — not least because of another project on which he collaborated with his mentor and fellow Supreme Court justice, Louis Brandeis: Zionism. That project is anathema to today’s progressives. It honors the old order and the uniqueness of a people reified in their ancestral homeland, one in which they dwelled for millennia — before Islam existed and, 14 centuries later, the notion of “Palestinians” was conceived.
Moreover, to highlight antisemitism is intolerably inconvenient to the collaboration of highest priority for modern progressives: Their partnership with sharia supremacists — so-called Islamists, adherents to “political Islam.”
Snip.
Ostensibly, it’s an unlikely partnership: Sharia supremacists despise many signal progressive causes — e.g., abortion, equality for women, civil rights for homosexuals, and “gender fluidity.” (How long do you figure the “activists” waving their “Queers for Palestine” placards would actually last in Gaza?) And it seems odd for progressives, infamously intolerant of religious liberty, to make common cause with unabashed theocrats who would impose on society a systematically discriminatory legal code enforced by barbaric punishments — of the terrorizing kind that, not coincidentally, the Brotherhood’s Hamas jihadists inflicted on Israeli men, women, and children on October 7.
But let’s dig deeper. The ne plus ultra for sharia supremacists and leftists is the extirpation of the established order. Yes, they have very different ideas about what should replace that order; but that’s an argument for later (at which point progressives would find themselves in the unenviable position of the appeaser after the crocodile is done devouring everyone else). For now, it is a marriage of convenience, a joint war of conquest against Western civilization.
Marriages of convenience are not big on commitment and loyalty. Hence, Jews — predominantly on the left, with legions of stalwart progressives who would as reflexively rebuke Islamophobia as any good Democrat — have become a casualty of that war.
The sharia-supremacist hatred of Jews is doctrinal. As the Hamas Charter relates, Islamic eschatology is consumed by an end-of-times war in which even trees and stones will help Muslims kill their mortal enemies, the Jews. The Islamic claim on the land “from the River to the Sea” also stems from scripture: Mohammed’s night ride from Mecca to Jerusalem and on to heaven. And Muslim scripture further holds that Islam’s prophet died upon being poisoned to death by a Jewish woman.
This is all very uncomfy for progressives. They really don’t do doctrine, let alone submit — or at least allow themselves to appear to be submitting — to religious doctrine. Thus must they engage in euphemistic games to sidestep reality.
“Democrat Media Arm Scrambles As It Becomes Clear They Knew About Hamas Invasion Of Israel Before It Happened. “Reports have been bubbling up that the various tentacles of the Democrat hacktivist media actually had pro-Hamas activists ‘journalists’ embedded with Hamas before and on October 7th.”
Democrats wouldn’t clean up San Francisco for mere citizens, but they did it for a communist dictator.
Apparently, the city of San Francisco can indeed clear out the tent cities of homeless, remove the human feces and hypodermic needles from the sidewalks, and make the downtown look sparking clean and shiny in just a matter of days. All it takes is sufficient motivation — like hosting a visit from Chinese dictator Xi Jinping.
Even the New York Times can’t deny the irony that the arrival of Xi and a plethora of overseas leaders is spurring efforts that, presumably, could have been started and carried out at any point with enough motivation:
On Market Street, the city’s main thoroughfare, maintenance workers resurfaced uneven sidewalks and installed plywood over empty tree wells.
Nearby, a crew gave a long-derelict plaza a makeover by turning it into a skateboard park and outdoor cafe with ping-pong tables, chess boards and scores of potted plants. Elsewhere, workers painted decorative crosswalks and new murals, wiped away graffiti, picked up piles of trash and removed scaffolding to show off a refurbished clock tower at the Ferry Building. . . .
Perhaps the most obvious change has been seen at the Speaker Nancy Pelosi Federal Building at the corner of Seventh and Mission Streets, less than a mile from the conference center.
Before we go any further, can I just point out how infuriating it is that we live in a country with so many genuinely heroic, inspiring, and under-recognized figures, and yet we name things after politicians whose greatest achievements were bringing back a lot of federal funds to their constituents? I realize in the state of West Virginia, that statement is blasphemy.
In a perfect irony, in August, “Officials at the U.S. Department of Health and Human Services advised hundreds of employees in San Francisco to work remotely for the foreseeable future due to public safety concerns outside the Nancy Pelosi Federal Building on Seventh Street.” As Iowa GOP senator Joni Ernst noticed, to protect the building named after the House speaker who said that border walls are “immoral,” federal officials put up a high chain-link fence.
In other words, the official assessment of the federal government is that the Nancy Pelosi Federal Building is not a safe place for anyone, which strikes me as a heavy-handed metaphor.
Anyway, back to the Xi-driven cleanup:
For two years, a stubborn fentanyl market at the corner and a sprawling homeless encampment across the street became neighborhood fixtures. People regularly used drugs in an adjacent alley.
Most have seemingly disappeared in a poof…
It’s almost like the city government of San Francisco perceives Xi Jinping as the boss it needs to impress, instead of the voters whose exorbitant taxes (including an 8.625 percent sales tax!) pay city employees’ salaries. If the city is worth making safer, cleaner, and more attractive for a visit by Xi, President Biden, and a whole bunch of diplomats . . . why isn’t it worth making safer, cleaner, and more attractive for the full-time residents?
“Californians Set Up President Xi Dummy So Newsom Will Keep The Cities Clean All The Time.”
Thinks that make you go Hmmmm: “DOJ Protects D.C. Brothel Customers… As Congress Votes For New FBI Facility.”
Two tightly connected things happened in Washington, D.C., on November 8: a “high-end” brothel serving “elected officials” was shut down by the FBI, and the U.S. House approved a controversial $300 million new headquarters building for the weaponized agency.
In announcing the brothel’s bust, the Department of Justice explained that the sex-trafficking operation served “elected officials, high tech and pharmaceutical executives, doctors, military officers, government contractors that possess security clearances, professors, attorneys, scientists and accountants, among others.”
The press release named the brothel operators: Han “Hana” Lee, 41, of Cambridge, MA; James Lee, 68, of Torrance, CA; and Junmyung Lee, 30, of Dedham, MA.
In lurid detail, the Department of Justice explained how the operators advertised their services—primarily young Asian women—for high-end customers. In order to utilize the prostitution services of the brothel, prospective clients allegedly completed “a form providing their full names, email address, phone number, employer and reference if they had one.”
Not mentioned in the press release were the names of the customers.
The announcement was made just ahead of a vote in the U.S. House, which would have defunded the $300 million new headquarters building proposed for the FBI. The facility, to be built in Maryland, will reportedly be larger than the Pentagon. The Pentagon has a total floor area of 6.5 million square feet and offices 23,000 military and civilian employees.
Dispatches from the Biden Recession: “Stellantis offers buyouts to roughly half of U.S. salaried workers.” Stellantis consumed the corpse of Chrysler several years back.
“Taibbi: According To Pundits, ‘Ignorance’ Makes Americans Give “Wrong” Answers To Economic Confidence…The Guardian editorial Krugman linked to explains: Americans continue to believe the economy sucks, even though they’ve been told over and over it doesn’t! Why won’t they listen?…I can’t remember an instance of newspapers polling Americans about their feelings, then telling them their answers are not only wrong, but ignorant!
“Pro-Palestinian” protestors are anti-American protestors:
This is a weird story: “Congressman Pat Fallon (R-TX-4), who had filed to run for Texas Senate District (SD) 30, has now backed out and will instead run for re-election to his currently held congressional seat.” Being a state senator is all well and good, but who steps down from a U.S. Congressional seat to a state senate seat?
A BuzzFeed feature story from 2018 about a journalist who told a group of schoolchildren that he was gay was taken down just a day after it was announced that he had been brought up on child pornography charges.
Slade Sohmer, 44, the former editor-in-chief of the left-leaning video-driven news site The Recount, was freed on $100,000 bail on Monday after he was charged in Massachusetts court with possessing and disseminating “hundreds of child pornography images and videos.”
He has pleaded not guilty to two counts of possession of child pornography and two counts of dissemination of child pornography.
Asianometry takes a deep dive into Nvidia’s radical new computational lithography method for generating semiconductor masks. I know a whole lot of eyes just glazed over, but this stuff is important, and I don’t think any other bloggers are covering semiconductors. And speaking of eyes…
Speaking of disasterous superhero films, Critical Drinker goes over the compounding errors of the never-to-be-released Batgirl movie. Surprisingly, the film itself was reportedly not that bad, it’s just a cascading series of studio decisions made the film nonviable.
Snoop Dogg says he’s giving up weed. And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
Last week on Thanksgiving vacation, I had to put my Mac through a reboot cycle and lost the zillions of open Firefox Windows. So you may find this week’s LinkSwarm relatively (some might say “mercifully”) brief.
Hunter Biden was pulling down a hefty $10 million a year to spread Chinese influence:
A damning new report claims that Hunter Biden helped expand Chinese influence in America in a $10 million a year agreement and an $80,000 diamond.
In her new book, Laptop from Hell, New York Post columnist Miranda Devine, describes Hunter Biden’s business dealings with a Chinese-linked energy consortium, called CEFC.
Based on hundreds of emails from Hunter Biden’s laptop which he left in a Delaware repair shop in April 2019, and transcripts of messages from WhatsApp, she claims that the Biden family offered their services to CEFC to help expand its business around the world.
In exchange, Devine writes, Hunter Biden received $10 million a year for three years, and a diamond worth at least $80,000.
And, by an amazing coincidence, the Biden Administration is super soft on China.
Administration sources confirmed that in an October call between Deputy Secretary of State Wendy R. Sherman and Sen. Jeff Merkley (D-Ore.), the other co-sponsor, Sherman made it clear that the administration prefers a more targeted and deliberative approach to determining which [Chinese] goods are the products of forced labor. She also told Merkley that getting allied buy-in was critical and more effective than unilateral action.
“To be clear, the Department of State is not opposing this amendment,” a State Department spokesman told me. “We share the Congress’ concerns about forced labor in Xinjiang.”
In other words, while the administration supports the legislation in public, they are asking Democrats to essentially water it down in private. Sherman’s specific criticism relates to a part of the bill that would require a presumption that all products coming from Xinjiang are tainted by forced labor unless the importer can prove otherwise. This happens to be the exact provision corporations are also objecting to. Maybe it’s a coincidence.
“It isn’t partisan or in any way controversial for the U.S. to be unequivocally, resoundingly opposed to genocide and slave labor,” Merkley told me. “The Senate passed this legislation in July, and it’s time to get it over the finish line.”
Watering down congressional efforts to punish China for the Uyghur genocide is not what Joe Biden promised when he was running for office, or when he took office. Through most of 2020, Biden insisted that he was the tough one on China and that the Trump administration only offered “a colossal gap between tough talk and weak action.”
Biden, at a Democratic debate on February 25, 2020, said: “I had spent more time with Xi Jinping than any other world leader by the time we left office. This is a guy who doesn’t have a democratic bone in his body. This is a guy who is a thug who in fact, has a million Uyghurs in reconstruction camps, meaning concentration camps.”
Biden, writing in Foreign Affairs last spring, said: “Companies must act to ensure that their tools and platforms are not empowering the surveillance state, gutting privacy, facilitating repression in China and elsewhere. . . . The United States does need to get tough with China.”
Biden, speaking at the U.S. State Department on February 4, said: “We’ll also take on directly the challenges posed by our prosperity, security, and democratic values by our most serious competitor, China. We’ll confront China’s economic abuses; counter its aggressive, coercive action; to push back on China’s attack on human rights, intellectual property, and global governance.”
And yet, month by month, the Biden administration is proving more and more reticent to confront the Chinese government in substantive and consequential ways. The investigation into the origins of COVID-19 is effectively dropped, and Biden didn’t mention China’s refusal to cooperate with the WHO’s separate investigation in his teleconference summit with Xi Jinping.
Biden did not mention China, the Uyghurs, Hong Kong, or the origins of COVID-19 in his address to the United Nations.
Commerce secretary Gina Raimondo told the Wall Street Journal in September that she thinks “robust commercial engagement will help to mitigate any potential tensions” with China. Biden rescinded Trump’s executive orders targeting TikTok, the popular app owned by the Chinese company ByteDance.
Snip.
Biden nominated Reta Jo Lewis to run the U.S. Export-Import Bank. Senator Marco Rubio contends that, “Reta Jo Lewis is currently a strategic advisor for the U.S.-China Heartland Association, which is a conduit for the Chinese Communist Party’s (CCP) United Front Work Department (UFWD), which aims to influence key Americans at the subnational level and ultimately undermine America’s national interests.”
As I noted yesterday, even the proposed diplomatic boycott of the Olympics is moot, because the Chinese government announced that U.S. politicians were not invited before Biden could even officially announce the decision.
It’s not that the Biden administration is doing nothing — an upcoming “democracy summit” invited Taiwan but not China, there have been prohibitions on U.S. investment in particular Chinese companies, and a dozen Chinese companies have been blacklisted for helping the Chinese army with quantum computing.
But these are small-ball gestures while the Chinese government sends 18 fighter jets plus five nuclear-capable H-6 bombers into Taiwanese air-defense zone at one time, Beijing wipes out the last of Hong Kong’s opposition, and the Genocide Games go on with full U.S. corporate sponsorship. We’re attempting minor and symbolic moves while Xi Jinping is attempting big and consequential ones to maximize his leverage over the rest of the world.
In my new book, San Fransicko, I describe why progressives create and defend what European researchers call “open drug scenes,” which are places in cities where drug dealers and buyers meet, and many addicts live in tents. Progressives call these scenes “homeless encampments,” and not only defend them but have encouraged their growth, which is why the homeless population in California grew 31 percent since 2000. This was mostly a West Coast phenomenon until recently. But now, the newly elected progressive mayor of Boston, Michelle Wu, has decided to keep open a drug scene at Mass and Cass avenues, even though it has resulted in several deaths from drug overdoses and homicides.
Progressives defend their approach as compassionate. Not everybody who is homeless is an addict, they say. Many are just down on their luck. Others turn to drugs after living on the street. What they need is our help. We should not ask people living in homeless encampments to go somewhere else. Homeless shelters are often more dangerous than living on the street. We should provide the people living in tents with money, food, clean needles, and whatever else they need to stay alive and comfortable. And we should provide everyone with their own apartment unit if that’s what they want.
But this “harm reduction” approach is obviously failing. Cities already do a good job taking care of temporarily homeless people not addicted to drugs. Drug dealers stab and sometimes murder addicts who don’t pay. Women forced into prostitution to support their addictions are raped. Addicts are dying from overdose and poisoning. The addicts living in the open drug scenes commit many crimes including open drug use, sleeping on sidewalks, and defecating in public. Many steal to maintain their habits. The hands-off approach has meant that addicts do not spend any amount of time in jail or hospital where they can be off of drugs, and seek recovery.
More:
The main progressive approach for addressing homelessness, not just in San Francisco but in progressive cities around the nation, is “Housing First,” which is the notion that taxpayers should give, no questions asked, apartment units to anyone who says they are homeless, and asks for one. What actually works to reduce the addiction that forces many people onto the streets is making housing contingent on abstinence. But Housing First advocates oppose “contingency management,” as it’s called, because, they say, “Housing is a right,” and it should not be conditioned upon behavior change.
But such a policy is absurdly unrealistic, said the San Francisco homeless expert. “To pretend that this city could build enough permanent supportive housing for every homeless person who needs it is ludicrous,” the person said. “I wish it weren’t. I wish I lived in a land where there was plenty of housing. But now people are dying on our streets and it feels like we’re not doing very much about it.”
The underlying problem with Housing First is that it enables addiction. “The National Academies of Sciences review [which showed that giving people apartments did not improve health or other life outcomes] you cited shows that. San Francisco has more permanent supportive housing units per capita than any other city, and we doubled spending on homelessness, but the homeless population rose 13%, even as it went down in the US. And so we doubled our spending and the problem got worse. But if you say that, you get attacked.”
How did progressives, who claim to be evidence-based, ever get so committed to Housing First? “Malcolm Gladwell’s [2006 New Yorker article] “Million Dollar Murray,” really helped popularize this idea,” the person said. “But it was based on an anecdote of one person. It works for who it works for but is not scalable. [Governor] Gavin [Newsom] made a mistake [as San Francisco’s Mayor 2004-2011] which was that we stopped investing in shelter. But that’s because all the best minds were saying, ‘This is what’s going to work.’”
One of the claims made by defenders of the open drug scenes is that people who live in them are mostly locals who were priced out of their homes and apartments and decided to pitch a tent on the street. In San Fransicko, I cite a significant body of evidence to show that this is false, and that many people come to San Francisco from around the U.S. for the city’s unusually high cash welfare benefits, free housing, and tolerance of open drug scenes.
The insider agreed. “People come here because they think they can. It’s bullshit that ‘Only 30 percent [of homeless] are from out of town.’ At least 20,000 homeless people come through town every year. Talk to the people on the street. There’s no way 70 percent of the homeless are from here. I would guess it’s fewer than 50 percent. Ask them the name of their high school and they guess, ‘Washington? The one around the corner?’ But you can’t even talk about that without being called a fascist.”
A top adviser and chief spokeswoman for Harris, Symone Sanders, is set to resign from her position by the end of the year, a White House official said Wednesday. It’s one of several high-level departures in the vice president’s office since she was sworn in earlier this year.
Peter Velz, the vice president’s director of press operations, is leaving the office in the coming weeks, along with Vincent Evans, deputy director of public engagement and intergovernmental affairs, according to reports. Ashley Etienne, Harris’s communications director, is also stepping down. Advance staffers departed over the summer, soon after a trip to Guatemala where Harris drew criticism for a biting response to a question over when she intended to visit the southern U.S. border.
A source familiar with Harris’s office woes quipped that the defections must be “completely unrelated to reading stories where they are blamed for everything.”
“This is the same story that gets played out again and again — it’s always the vague ‘staffing,’” this person said. “I don’t think there are a ton of staff, present and former, that would rush to defend the way the office is run.”
What percentage of requested water are California farms getting next year? Try 0%.
Texas Rep. Dan Crenshaw brings the wood to Ron Klain:
Let’s follow up that kudo for Crenshaw with some serious criticism: He was one of 80 Republicans (along with Rep. John Carter, my own representative) to vote in favor of a federal vaccine database. He can swear up and down it’s not going to be used for vaccine passports, but we’ve seen worldwide governments use coercive tools with even less legal justification.
When it comes to arguments on the new Supreme Court abortion case, you can smell the panic.
Real life frequently has symbolism more heavy-handed than fiction. “Barack and Michelle Obama Elementary will close at the end of the 2022-2023.” (Hat tip: Holly Hansen.)
Just got back from Texas and sad to report that the entire state is suffering from the Freedom Variant. Symptoms may include: enjoying your life, breathing fresh air, and not being a paranoid, righteous douchebag.
Smollett wasn’t engaging in a hoax. He was perpetuating a scam and that scam has a name. It’s called “social justice.” (Or, in the Biden administration’s parlance, “equity.”)
It’s not like Smollett is a demonstrable sociopath who told an aimless lie about being attacked by Trump supporters in 2019 for the sake of it. According to a very solid case built by an exhaustive Chicago police investigation, Smollett pretended to be the victim of a violent racist and anti-gay assault because he wanted more fame and thus more money.
What better way to achieve that goal than to feed into the enduring myth that minorities in America are suppressed at every turn, even targeted for violence by whites? White men in particular, and, as of 2016, even better if they’re Trump supporters.
Police charged that Smollett offered to pay two brothers he was acquainted with about $2,000 each to act out an attack on the actor in the dead of a Chicago winter night. The siblings, Abimbola and Olabinjo Osundairo, told investigators that Smollett had given them $100 to buy masks, a red hat, and a rope that would be fashioned into a kind of noose for the staged attack. The Osundairos were instructed to confront Smollett on a sidewalk, slightly rough him up, and then disappear.
The setup preceeded a previous stunt, wherein Smollett mailed himself a threatening letter that said, “You will d[ie] black fag,” accompanied by an illustration of a hangman. Police said Smollett’s failure to garner any significant national attention from the letter is what led him to fake the assault.
“…This announcement today recognizes that ‘Empire’ actor Jussie Smollett took advantage of the pain and anger of racism to promote his career,” then-police superintendent Eddie Johnson said in late February, after his department probed the events from the night of the incident. He said Smollett was mostly motivated by seeking a salary increase for his role on “Empire.”
That was the conclusion of law enforcement after spending more than $100,000 taxpayer dollars on an investigation to piece together surveillance video, eye-witness testimony, and data gathering that led them to believe Smollett had lied about everything.
But in all fairness, who could blame him? This is what our entire culture is teaching now— that the quickest way to advance is to claim victimhood on account of race, sex, or sexual identity — ideally, some combination of all three.
Lucrative opportunities present themselves quickly for those who sell themselves as oppressed and aggrieved. And for Smollett, it worked! Nobody knew who he was before he claimed to have been physically confronted and called the n-word and the f-word by white male Trump supporters. Thereafter, everyone knew who he was.
He was written about in The New York Times, the Washington Post, and USA Today. A-list celebrities, TV hosts and political leaders expressed their solidarity.
The Republican National Committee (RNC) is invested in a comprehensive nationwide effort to make it easier to vote and harder to cheat. We’re fighting for election integrity because it’s absolutely vital to protect the sanctity of your ballot from Democrat schemes to undermine voting security. We are involved in 19 election integrity lawsuits nationwide, and we’re winning the fight.
Our investment is partially driven by polling that consistently shows the American people supporting our common-sense approach to securing elections. A recent poll commissioned by the RNC found that 78 percent of Americans support a proposed voting plan with five key principles: presenting voter ID, verifying voters’ signatures, controlling the ballot’s chain of custody, bipartisan poll observation, and cleaning up voter rolls. The poll also found that 80 percent of voters support voter ID requirements; this sentiment matches up with other polling, including a recent one from NPR which found 79 percent of voters in favor of voter ID. The measures we are pushing are not controversial or dramatic. They are common-sense and they are supported by American citizens.
Of course, that hasn’t stopped Democrats from trying to generate false outrage and controversy at every level of this conversation. The Democrat election playbook is simple: lie and seek attention until the mainstream media eagerly takes the baton and turns Democrat lies into a false national narrative. You saw this in Georgia, where Joe Biden and Stacey Abrams’ lies about the state’s election reforms pressured the MLB into moving its All-Star Game out of Atlanta. These lies cost the good people of Georgia an estimated $100 million. You’re seeing it now in Texas, where local Democrats have stormed out of legislative debates on election integrity not once, but twice. Their latest stunt saw them leave the floor of the Texas legislature and hop on private planes to fly to DC in a juvenile quest for media attention.
Unsurprisingly, the mainstream media lapped it up. This is their playbook. When it comes to election integrity, Americans need to pay attention to the relationship between Democrat lies and the mainstream media machine.
Back on June 24, the great Peggy Noonan hailed [Eric] Adams’s primary win as a victory of reality over progressive theory. “Adams was a cop for 22 years, left the New York City Police Department as a captain, and was the first and for a long time the only candidate to campaign on crime and the public’s right to safety. He was the first to admit we were in a crime wave.” Noonan observed, accurately, that African-American voters were not necessarily the most progressive voters in the electorate anymore, and that they represented a de facto force of, if not conservatism, then a realist wariness of the fringes of modern progressive thinking.
The notion of a centrist, tough-on-crime mayor replacing the notorious groundhog murderer and early pandemic denier sounds good, but we’ll see. Every elected official operates within a particular “Overton Window”: the range of policies that a politician can recommend without appearing too extreme to gain or keep public office given the climate of public opinion at that time. Adams did not win this primary by a landslide. While he received the most votes in the first round, he was the top choice of less than a third of the city’s Democrats. He has 51.1 percent out of the final two.
New York City desperately needs a dramatic improvement in its policing and prosecution of criminals, but Adams will have to take on a lot of deeply entrenched opponents and a city media and cultural environment that have evolved to reflexively demonize the NYPD. Way back in 2005, Fred Siegel described the New York City of the David Dinkins years as an era of “hysteria that led upstanding liberals to insist that they were more afraid of the NYPD than they were of criminals.” Whatever you think of Rudy Giuliani now, the young(er) mayor of the early 1990s was willing to be utterly hated as he enacted his reforms, convinced that the broader public would look past the controversy and appreciate the effects of lower crime rates. It remains to be seen whether Adams has that same courage to exchange short-term unpopularity for long-term improvement in the city’s streets — or whether he’ll bump up against the city’s Overton Window of what policy changes are acceptable and settle for a series of half measures.
The irony is that we see the same phenomenon in the opposite direction at the national level in Washington. Many progressives interpreted Biden’s presidential win, the 50–50 Senate, and the slightly shrunken House majority in the 2020 elections as a mandate to enact sweeping changes in the country — and they’re largely hitting brick walls. The national Overton Window isn’t wide enough to accommodate the wildest fantasies of progressives.
I’m not sure the feasibility of Overton Window possibilities matters to the Social Justice left. There’s is a holy revolutionary cause, and they need to seize control of the Party before they can seize control of the nation. To that end, I suspect many think that letting moderate Democrats lose elections is a small price to pay for continuing their unpopular march through America’s institutions…
The Texan brings back The War Room to track 2022 Texas election races.
“Texas House Democrats’ COVID-Spreading Publicity Stunt Is Backfiring.”
Outnumbered by Republicans in Austin 83 to 67, the Texas House Democratic Caucus decided to head to D.C. to publicize its opposition to election integrity bills, fundraise, and drum up support for federal legislation that would nationalize election law by imposing California law as a template on the nation — banning meaningful voter ID, expanding mail balloting while eliminating fraud safeguards, prohibiting proactive voter list maintenance, and mandating same-day voter registration with no checks for eligibility to vote.
But the Democrats’ trip hasn’t turned out as planned.
Soon after meeting with Vice President Kamala Harris and numerous White House staffers and members of the U.S. House and Senate, three Democrats were diagnosed with COVID-19, then another two, and now a total of six. An aide to Speaker Nancy Pelosi and a White House official tested positive soon after meeting with the Texas Democrats.
And the attention Democrats were hoping for soon turned sour, with Texas’s major newspapers, none of whom are friends of Republicans and have had little good to say about their election integrity bills, have nevertheless weighed in against the walkout. By two-to-one, Texas voters disapprove of the quorum-busting as well. Even national Republicans have piled on, with this tweet from Missouri Sen. Josh Hawley’s press secretary being emblematic.
Closer to home, Travis County GOP Chairman Matt Mackowiak said the quorum-breakers had “…engaged in performance theater for weeks claiming Gov. Abbott was putting lives at risk by reopening the state economy and waiving the statewide mask mandate, then they flew to DC on a private jet stocked with Miller Lite without masks, in violation of FAA rules, and now this farce turned into a super spreader event.”
But there are signs the Democratic solidarity is breaking down. With chairmanships, seniority, and even district boundaries on the line in a redistricting year, powerful Democrats are wavering while those seeking to move up sense an opportunity. A week ago, 80 House members were on the floor. As of Tuesday, 90, including several Democrats, were present. It’s a classic “prisoner’s dilemma” situation. If another 10 Democrats show up, the Texas House will have a quorum and can resume consideration of bills, leaving the other 50 holdouts with nothing for their efforts — except for perhaps being redrawn out of their districts by the Legislative Redistricting Board later this year.
When the Democrats do return, they will be asked to vote on bills that would bring mail-in balloting up to the standard for in-person voting by asking for ID in the form of writing a driver’s license number, or state ID number, or the last four of the Social Security number inside of a privacy flap in the ballot return envelope. The bill would also prohibit local elections officials from sending out unsolicited mail-in ballot applications, ban last-minute changes to election procedures, and clarify that properly appointed poll watchers must be able to see and hear election workers’ activities.
Asking for ID for mail-in ballots — one of the measures most vociferously opposed by Democrats — is supported by 81 percent of Texas voters, with voters from all demographic groups and both major parties approving of the safeguards.
With all due respect to Chuck DeVore, until the Texas election integrity bill is passed, their publicity stunt hasn’t backfired yet. There are few prices Democrats won’t pay for the ability to continue cheating.
Barely a year after the Minneapolis City Council voted to to defund the city’s police department after the death of George Floyd, a judge has ordered the city to hire more cops, thanks to a lawsuit filed by fed-up citizens.
“Minneapolis is in a crisis,” wrote the eight plaintiffs in their complaint, citing the rise in violent crimes, including shootings, sexual assault, murders, civil unrest, and riots, Fox News reports.
Progressive city council members couldn’t wait to gut the police department and allow a surge in crime, most of which would affect poor black neighborhoods. The tsunami of crime recently took the life of a popular coach who was shot attending a memorial for another victim of Minneapolis’ violent crime surge. He was the 42nd person murdered this year in Minneapolis. No word from Antifa and BLM if they are planning a mostly peaceful riot in his honor.
The cop-hating Minneapolis City Council and Mayor Jacob Frey were ordered to “immediately take any and all necessary action to ensure that they fund a police force,” according to Thursday’s court order by Judge Jamie L. Anderson. The crime-loving city council and mayor have until June 30, 2022, to establish a police force of 730 sworn officers. They currently have 669 cops. Minneapolis saw nearly 200 cops file paperwork to leave the Minneapolis Police Department in the first three months after the George Floyd riots. No idea how many more will resign or retire by the June 30, 2022, deadline, as the nation has seen a surge in cops walking away from departments nationwide.
NPR has not run a piece critical of Democrats since Christ was a boy. Moreover, much like the New York Times editorial page (but somehow worse), the public news leader’s monomaniacal focus on “race and sexuality issues” has become an industry in-joke. For at least a year especially, listening to NPR has been like being pinned in wrestling beyond the three-count. Everything is about race or gender, and you can’t make it stop.
Conservatives have always hated NPR, but in the last year I hear more and more politically progressive people, in the media, talking about the station as a kind of mass torture experiment, one that makes the most patient and sensible people want to drive off the road in anguish. A
Numerous examples snipped.
NPR sucks and is unlistenable, so people are going elsewhere. People like [Ben] Shapiro are running their strategy in reverse and making fortunes doing it. One of these professional analysts has to figure this one out eventually, right?
Evidently the primary mover behind the Gretchen Whitmer kidnapping “plot” was the FBI. It’s FBI “informants” all the way down. (Hat tip: Director Blue.)
Want to keep track of violence in Lori Lightfoot’s Chicago? Hey Jackass has the trending data plants policy wonks crave!
“In 25 major U.S. cities, officials have proposed cutting—or in 20 cases already cut—police budgets. However, what OpenTheBooks.com auditors found was that mayors and city officials still enjoy personal protection of a dedicated police detail costing taxpayers millions of dollars,” Adam Andrzejewski, CEO and founder of Open The Books (OTB), said in a statement announcing the new data.
Snip.
In San Francisco, for example, the costs of the security detail protecting Mayor London Breed and other city officials spiraled up from $1.7 million in 2015 to $2.6 million in 2020.
Breed has proposed shifting $120 million from the city’s police department to mental health and workforce training programs. City officials declined to say how many officers are assigned to the security details, according to OTB.
In Chicago, Mayor Lori Lightfoot claimed to be opposed to defunding the police, but OTB found that officials quietly abolished 400 police department positions last year.
Those positions were eliminated even as the city’s “security detail costs peaked in 2020—up $700,000 over five years: $2.7 million spent on 16 officers (2015); $2.9 million for 16 officers (2016); $2.7 million for 20 officers (2017); $2.8 million for 16 officers (2018); $2.8 million for 17 officers (2019); and $3.4 million for 22 officers (2020)—an all-time high,” OTB stated.
In New York, Mayor Bill de Blasio slashed $1 billion from the New York Police Department’s (NYPD) $6 billion annual budget, including $354 million transferred to mental health, homelessness, and education services.
But the mayor, who briefly sought the Democratic presidential nomination last year, continues to enjoy tax-paid police protection for himself, his wife, and his son.
“Serial Swatter Who Caused Death Gets Five Years in Prison.” “Shane Sonderman, of Lauderdale County, Tenn. admitted to conspiring with a group of criminals that’s been ‘swatting’ and harassing people for months in a bid to coerce targets into giving up their valuable Twitter and Instagram usernames.” So not only has he gotten people killed, he got them killed for really shitty reasons. (Hat tip: Ace of Spades HQ.)
“ERCOT Expands Power Grid Reserve Capacity in Preparation for Summer Heat.” “To prepare, ERCOT has dedicated 38 percent more in generation to reserve capacity from this July compared to last. And they plan to dedicate 56 percent more reserve capacity for August compared to August 2020.” 1.) That’s good, but 2.) Isn’t mid-July a wee bit late to be rolling out such plans? Let’s hope they’ve been working on this a while…
California court says that state laws requiring people to use crazy SJW pronouns violates freedom of speech.
Speaking of Harris: “Last month, the Supreme Court smacked down then-California Attorney General Kamala Harris’ attempt to force charitable nonprofits to turn over the names of their top donors, calling the power-grab ‘facially unconstitutional.'”
Gun sales decline slightly from record highs in 2020. Does this mean I might finally be able to pick up an AR-15 without it costing me an arm and a leg?
“Wayne LaPierre a Bigger Risk Than Fire and Brimstone.” “Lloyd’s of London is dropping all coverage for the NRA’s Board of Directors through their officers and directors insurance plan.”
More Soros-backed DA justice: “Accused murderer set free after St. Louis County prosecutors fail to show up, but found time for McCloskeys.”
Last week, Circuit Judge Jason Sengheiser dismissed charges of first-degree murder, armed criminal action, and unlawful gun possession against Brandon Campbell, 30, when prosecutors from the Circuit Attorney’s Office did not attend hearings for the case in May, June, and July, the St. Louis Post-Dispatch reported.
“The court does not take this action without significant consideration for the implications it may have for public safety,” Sengheiser wrote in kicking the case.
“Although presumed innocent, (Campbell) has been charged with the most serious of crimes. While the court has a role to play in protecting public safety, that role must be balanced with adherence to the law and the protection of the rights of the defendant,” the judge continued.
Sengheiser then took aim at Kim Gardner’s office.
“The Circuit Attorney’s Office is ultimately the party responsible for protecting public safety by charging and then prosecuting those it believes commit crimes,” he wrote.
“In a case like this where the Circuit Attorney’s office has essentially abandoned its duty to prosecute those it charges with crimes, the court must impartially enforce the law and any resultant threat to public safety is the responsibility of the Circuit Attorney’s Office.”
Thirty-eight-year-old Brandon Andrus’s criminal history is so lengthy he has more mug shots than some people have selfies.
But that didn’t stop 185th Criminal District Court Judge Jason Luong from allowing Andrus to be a free man by giving him three felony bonds, one for assaulting a family member last year.
On June 14, police say Andrus and another man murdered 35-year-old Rodrick Miller.
“Amazon’s New World Is Reportedly Frying High-End Graphics Cards.” Nothing like having your $2,000 Nvidia card bricked over a beta game…
Netflix to Wall Street: “Did I say we were going to gain two million new subscribers? Yeah, what I actually meant was we were going to lose 500,000 subscribers. Whoopsie! My bad!” Get woke, go broke.
James May launches his own gin. I don’t drink gin, but I bet that stuff sells out instantly, since the Top Gear/Grand Tour trio have one of the largest worldwide fan bases. I did not know that gin started out with neutral spirits before juniper berries were added.
The Cynical Hun 
(@TheCynicalHun)