More proof of widespread Biden Administration abuse and fraud uncovered, more news from the Iran war, the Trump Administration fights welfare fraud, LA displays both welfare and voting fraud, more lefty sorts stealing funds to feather their own nests, Muslim EPIC City development runs into more roadblocks, and some weird video game news.
It’s the Friday LinkSwarm!
Thanks for everyone who contributed to the Pay For Buddy’s Vet Bill Fund. He’s already doing so much better that you can’t tell he was hurt, though some of that is probably the pain pills.
Newly released records in the Senate investigation into the weaponization of government raise questions about whether the FBI went on a fishing expedition targeting Trump advisors who were never charged with crimes and whether Special Counsel Jack Smith’s prior testimony to Congress was truthful.
The documents were made public by Chairman Chuck Grassley, R-Iowa, before a Senate Judiciary Committee subcommittee hearing into alleged abuses by the Biden-era FBI and Justice Department in their investigations into then ex-president Donald Trump before and during the 2024 presidential election during its probe code-named “Arctic Frost.” Just the News previously reported that Biden’s FBI paid anti-Trump ‘Sedition Hunters’ as informants in the Arctic Frost probes.
“If Watergate taught us anything, it is that even a single abuse of power carried out by a handful of individuals can shake the foundations of our Republic,” said Sen. Ted Cruz, R-Tex., Chairman of the Judiciary Committee’s Subcommittee on Federal Courts, Oversight, Agency Action, and Federal Rights.
“What we confront today, the Biden administration’s Arctic Frost scheme, is not a single act,” he continued in his opening remarks. “It is a modern Watergate trading a break-in at one office for a digital sweep into approximately 100,000 private communications, more than a dozen senators and 1000s of individuals lives.”
Cruz said that ultimately, “just like Watergate,” the judges, FBI and Justice Department officials involved should be “investigated, tried, impeached, and brought to justice.”
The scope of Smith’s probe, which centered on Trump’s challenge to the 2020 election results and the events of January 6, 2021, was truly expansive. Grassley previously released records showing that Smith’s office issued nearly 200 subpoenas in his sweeping Arctic Frost-linked case, secretly seeking records on more than 400 Republican personalities and groups. This included more than 160 Republicans–many closely connected to Trump.
The Arctic Frost was one of four separate probes that targeted Trump and his allies stretching from summer 2016 to January 2025. The other probes were code-named Crossfire Hurricane, Round River, and Plasmic Echo, Just the News reported earlier this month.
As FBI Director, Patel has personally led the effort to review those probes, uncovering evidence of a far-reaching dragnet that in some cases may have been predicated on false, misleading or uncorroborated justifications, officials previously told Just the News.
The newly-disclosed records show that the FBI ordered two sweeping subpoenas of FBI Director Kash Patel’s phone records, while he was a private citizen in Trump’s orbit. Each subpoena covered an approximately two-year time frame.
The FBI’s requests for information included demands for highly personal data of Patel’s, including Patel’s addresses (“mailing addresses, residential addresses, business addresses, and e-mail addresses”), a “call detail record” which lists inbound and outbound calls, text messages and voicemail messages, as well as sources of payment for the phone service, including credit card and bank account numbers. The FBI also demanded expansive internet session data including exact IP addresses, the document shows.
The FBI also sought–and was granted–non-disclosure orders (NDOs) from federal judges, shielding the existence of the subpoenas from Patel and his lawyers on the grounds that revealing them could result in his “flight from prosecution, destruction of or tampering with evidence, intimidation of potential witnesses and serious jeopardy to the investigation.”
Susie Wiles, Donald Trump’s then campaign manager and future chief of staff, was also targeted in the probe. The Biden-era FBI reportedly even went so far as to record a private phone call between Wiles and her lawyer in 2023 while she was actively managing the campaign of President Joe Biden’s chief political rival, according to Reuters.
U.S. intelligence intercepted Ukrainian government communications discussing a plot to route hundreds of millions of American tax dollars earmarked for clean energy in the war-torn country and move them to the United States to enrich then-President Joe Biden’s 2024 re-election campaign and the Democratic National Committee, according to a declassified intelligence report summarizing the intercepts that was obtained by Just the News….
‘The Ukrainian Government and unspecified U.S. Government personnel, through USAID in Kyiv, reportedly developed a plan that would provide hundreds of millions of US taxpayer dollars to fund an infrastructure project for Ukraine that would be used as a cover to send approximately 90% of funds allocated to the DNC to fund Joe Biden’s reelection campaign,’ the declassified summary of the intercepts stated.
Every American involved in the scheme should be prosecuted. Still doesn’t justify taking Russia’s side in their illegal war of territorial aggression.
Long overdue: “Trump Administration Launches Whole-of-Government Effort to Fight Welfare Fraud.”
Vice President JD Vance and Federal Trade Chairman Andrew Ferguson convened members of the administration’s newly created anti-fraud task force on Friday to lay out the administration’s hopes for rooting out fraud in public programs across the country.
Established by President Trump via executive order earlier this month, the task force includes newly confirmed fraud-focused Assistant Attorney General Colin McDonald and spans multiple government agencies tasked with implementing new fraud detection and reporting protocols, investigating Biden-era policies regarding fraud prevention, proposing new legislative and regulatory tools to combat fraud, and prosecuting illegal behavior when necessary to recover as much in improperly obtained funds as possible.
According to a task force memo authored by Vance and Ferguson and shared with National Review, the White House will focus primarily on high-spend, low-verification programs that “pay out large sums of money with low confidence or limited information about the ultimate recipients and uses of those funds.” Key programs that fall into this category include benefits administered through Medicare, Medicaid, the Supplemental Nutrition Assistance Program, and Small Business Administration loans.
The task force divides fraud into four main categories, according to the memo. The first category is so-called “ghost” billing where there is no real beneficiary and no real service provided, a prime example being a fake business that applied for Paycheck Protection Program relief during the Covid-19 pandemic. The second category are low-quality services provided to real beneficiaries, such as substandard medical care provided to elderly patients at nursing homes or memory-care facilities.
The third category is “upcoding” or “overbilling,” where fraudsters hand patients manipulated bills. “When hospitals commit fraud, for example, there are often real patients receiving necessary hospitalizations but with exaggerated diagnoses purporting to justify more expensive services than the patient actually needed or received,” the memo reads.
And the final category outlined by the task force is “necessity” fraud, where a real service is provided to an unqualified beneficiary. “Medicare fraud, for example, often involves real doctors giving real people treatments they don’t need, such as a person who can walk getting a wheelchair or a patient getting a lab test they don’t need,” the memo adds.
During a brief news conference on Friday, the vice president spotlighted egregious practices by autism daycare programs in Minnesota, where earlier this month one defendant, a Somali man named Abdinajib Yussuf, pleaded guilty to one count of wire fraud in a $6 million Medicaid reimbursement scheme.
“The first tragedy is that you have people who pay into the federal government, who pay into the IRS, who pay their taxes, expecting that those taxes will go to help their fellow citizens, and it’s not going to. It’s going to help fraudsters,” Vance said in remarks to the press before leading a closed-door strategy meeting with cabinet members and other senior administration officials working on the effort.
And the more important tragedy is that you have families who need these services who are unable to get them because people are getting rich off of fraud schemes, instead of making sure that autistic children and their families get access to these resources,” he added.
The task force has already cracked down on blue states and cities like Los Angeles, where the Centers for Medicare & Medicaid recently suspended 70 home-health providers and hospice centers identified as high-risk fraudulent medical programs.
Another target is also Minnesota, where federally funded nutrition-assistance fraud and state-agency-related mismanagement ran rampant during Democratic Governor Tim Walz’s tenure while somehow failing to disqualify him from Vice President Kamala Harris’s running-mate shortlist. The White House paused $259 million in federal Medicaid payments to Minnesota earlier this month as part of the administration’s response to the state’s baffling degree of fraud.
Over the coming months, task force members are also looking to highlight lax verification protocols at the state level that amplify this problem, particularly in states run by Democrats.
“I think that most citizens probably assume that there’s some verification process that takes place for the receipt of most federal benefits,” said White House Deputy Chief of Staff for Policy Stephen Miller. “The reality is that there is not. This is particularly true in blue states — willfully true in blue states in which all of these programs are operating entirely on the honor system, no verification takes place before individuals are enrolled in or receive these benefits.”
“Vance’s Anti-Fraud Task Force Suspends 70 Hospices in Los Angeles. The Senate also confirmed federal prosecutor Colin McDonald to lead the DOJ’s anti-fraud division.”
Yesterday the Telegraph told us about a “sinister new power” pulling the strings in Iran: “Ahmad Vahidi is the key cog in the regime’s chain of command.”
Unlike [Mohammad Bagher] Ghalibaf, Vahidi has remained in the shadows since the war. This is not without reason: our analysis suggests he is likely to be operating as the key cog in the regime’s chain of command and his survival is essential to its continuity. Long before the war, Ali Khamenei had entrusted Vahidi to draw up plans to further militarise the regime. If he outlasts this conflict and the regime survives, he will finally be able to implement this vision – a design that will produce a far more radical and extremist Islamic Republic.
Vahidi has unmatched experience and influence across the regime’s military, intelligence, and bureaucracy. His career began in the 1980s in the IRGC’s Intelligence Bureau, made up of the regime’s most ideologically loyal operatives. As the IRGC’s deputy for intelligence, he was hand-picked to join a secretive cohort to accompany Khamenei to visit North Korea – a trip designed to acquire missile and nuclear technology.
During the Iran-Iraq War (1980-1988), Vahidi was also one of the original members of the Ramadan Headquarters, a unit within the IRGC created to form Islamist terrorist groups globally and overseen by Khamenei.
Upon assuming the supreme leadership in 1989, Khamenei created the notorious Quds Force – the IRGC’s extraterritorial terror branch – and appointed Vahidi as its first commander. It was a testament to his loyalty. Vahidi demonstrated in that role that his vision to export terrorism was far more global than his notorious successor Qasem Soleimani.
Under Vahidi’s command, the IRGC orchestrated the bombing of a Jewish cultural centre in Argentina in 1994, the 1996 Khobar Towers attack in Saudi Arabia, and secretly dispatched operatives to Europe to train Islamist Mujahideen – including members of al-Qaeda – during the Bosnian war. This résumé would earn him a spot on Interpol’s wanted list in 2007.
Today:
🚨🇮🇷BREAKING: General Ahmad Vahidi who was appointed as commander-in-chief of the Islamic Revolutionary Guard Corps (IRGC) on March 1, 2026, reporadaly has been ELIMINATED in U. S. & Israel strikes. pic.twitter.com/7wuxWVRV6X
US signals to allies no ground invasion coming, with thousands of troops still en route: Iran denies requesting Donald Trump’s 10-day halt; Israel attacks steel & industrial sites. Also, Khondab Heavy Water Research Reactor, part of the Arak Nuclear Complex, targeted. Yellow Cake factory in Yazd province hit.
Escalation on all fronts: IRGC HQ targeted by US-Israsel; Iran signals expansion by naming UAE targets, hitting Kuwait ports and sending drones on Riyadh. Iran newly warning it will hit Gulf industry.
Rubio tells G7 foreign ministers war will continue for another 2-4 weeks.
Israel doubles down amid reports of manpower strain: IDF chief warns of manpower pressure even as Defense Minister Katz vows to “intensify and expand” strikes.
Risk rises that Iran is holding back more advanced missiles for a prolonged war: WSJ writes “The US and Israel are pounding Iran’s missile-launching sites… But Tehran’s missiles keep flying.”
The last seems tinged with ZeroHedge’s usual Iran war pessimism. Ever fewer missiles have been flying as time goes on, and the places they’re manufactured have been hammered.
“Iranian Atomic Energy Organization: US and Israeli airstrikes target uranium processing plant.” Good. Bomb every nuclear-related facility twice-over, then make the rubble bounce.
A special House Ethics Committee found Representative Sheila Cherfilus-McCormick guilty of 25 total ethics violations, after a three-year investigation into allegations that the Florida Democrat stole millions in federal relief funds.
Following a seven-hour televised trial, members deliberated through the night before voting, finding Cherfilus-McCormick guilty of almost all the charges against her — 25 of the 27.
“I’m as pure as the driven snow!” denials snipped.
In November, a federal grand jury indicted Cherfilus-McCormick, alleging she stole $5 million from the Federal Emergency Management Agency. Cherfilus-McCormick’s family operates a health care company, Trinity Healthcare Services, and received FEMA funds for a Covid vaccination contract.
According to the DOJ, the $5 million payment was an overpayment, and the congresswoman and her brother never paid back the funds to the government. Rather, the pair funneled the funds through various accounts and used the money to back Cherfilus-McCormick’s 2022 special election campaign, which she ultimately won.
Snip.
Cherfilus-McCormick and her siblings “funneled more than $500,000 originating from Trinity into various outside organizations that made expenditures on behalf of the campaign,” Sydney Bellwoar, the committee’s lawyer, said.
Further, Bellwoar said “the most egregious example” was when Cherfilus-McCormick received $2 million directly from Trinity Health into her campaign in July 2021, to forge the appearance of a robust campaign infrastructure.
Seize everything she owns to pay back and sentence her to extended prison time.
Sen Rand Paul offers up a simple, elegant solution that Democrats will fight tooth and claw against:
DataRepublican says that John Thune is trying to pull a sneaky maneuver to kill the SAVE Act.
Hello Senator Thune,
Let’s expose what you’re really doing with “reconciliation.”
You announced it yesterday, eleven months after the House passed the SAVE America Act. You’re not trying to pass this bill. You’re trying to kill it in a way you can blame on process.
Here’s how we know:
Reconciliation requires the Senate parliamentarian to rule that provisions are “budgetary.” Citizenship verification is not budgetary. Photo ID mandates are not budgetary. The parliamentarian will gut the bill. Then you’ll shrug and say “we tried.” We see through you.
Meanwhile, you WON’T use the tools that actually work:
Rule XIX limits each senator to two speeches per legislative day. Keep the Senate in continuous session, file cloture daily, and the filibuster exhausts in ~12-20 days. You dismissed it as “complicated.” Because if you tried and succeeded, you’d have to actually pass the bill.
Harry Reid nuked the filibuster in 2013 when he wanted results.
Mitch McConnell changed Senate rules THREE times and canceled the August recess.
Chuck Schumer used reconciliation within months on a 50-50 Senate.
You have 53 seats. You’ve changed nothing, canceled nothing, and waited eleven months.
Now let’s talk donors:
• Goldman Sachs: $150K to you – top H-1B user
• Google: $75K – lobbies against E-Verify
• Meta: $72.5K – Zuckerberg’s FWD[.]us pushes mass immigration
• Wells Fargo: $90K – banks undocumented immigrants
Same corporations sponsor Punchbowl News, where you sit for “Fly Out Days” which nobody watches except Congress staffers and K Street lobbyists who pays premium bucks for legislative intelligence. Their reporter then telegraphs to the audience the SAVE Act “will ultimately fail.”
Corporate money flows to you AND to the outlet that frames your inaction as inevitable.
We see the loop.
You called grassroots anger a “paid influencer ecosystem.” YOU are the paid influencer. You take the wrong side of a 80% issue because you are indistinguishable from a K Street mouthpiece, and an ineffective one to boot who won’t bend the rules to get anything passed.
What we want:
1. Force a real talking filibuster.
2. Stop hiding behind process.
3. Pass the SAVE America Act.
YOU will become the reason that we will have our butts kicked in midterms. Not Candace Owens, not Nick Fuentes, not anyone else. You and you alone, and all because you want to make the 200 or so viewers of Punchbowl Fly Out Days happy. You’re living in a K Street information bubble, addicted to the comforts and praises of lobbyists masquerading as journalists. You mistake the steak and martini dinners you get invited to as your own constituents.
You are not “moderate.” The SAVE America Act has 98% support among Republicans. Name one other thing that has 98% support. You are an extreme minority who prides himself on being a calm leader, when in reality you are well in the running for the most ineffective Majority leader of all time.
Prove me wrong. Do the bare modicum of effort. Not symbolic. Actual effort. Cancel the recess. Get SAVE America Act passed.
Paid activists in Los Angeles, California, have been caught on hidden camera paying homeless people on skid row to forge signatures of registered voters on ballot initiatives.
O’Keefe Media Group (OMG) released part Two of its undercover investigation into the Democrats’ blatant election fraud operation in L.A. on Tuesday.
California’s Republican gubernatorial frontrunner Steve Hilton commented on X: “They paid homeless people cash and drugs on Skid Row to forge your signature. Your name. Your vote. Stolen by a crackhead with a clipboard — while Gavin Newsom looked the other way.”
Hilton added: “This isn’t a conspiracy theory. It’s on tape. And not one Democrat is outraged. That’s because THEY DID IT ON PURPOSE.”
Part One showed petitioners offering cash to homeless people and drug addicts for their signatures. The shocking new video shows the activists, armed with printed lists of voter names and addresses, taking the scheme to another level.
“Fraudulent petitioners on Skid Row are now paying the homeless people to forge names, forge addresses and forge signatures of registered voters,” O’Keefe says at the beginning of Part Two.
Rather than registering the Skid Row denizens to vote, activists gave them $2–$3 in cash to commit forgery and election fraud in what OMG called “a coordinated system.”
O’Keefe stated that the operation was observed on nearly every street corner in downtown Los Angeles.
“The scheme appeared to be present in whatever direction we walked,” he noted.
The goal of the operation, according to OMG, is to “ensure the information matches official records so he signature passes verification.”
The workers handed out post-it notes with the names of a single voter written on them to each of the homeless dupes.
Lots of “activists” need to go to prison.
“‘Not a done deal‘: Democrats start to sweat over Virginia’s redistricting referendum. The unique nature of the April special election and the state’s recent redistricting history have presented challenges for Democrats, even as they hold a financial edge in the race.” “Some supporters of the Virginia referendum acknowledge the challenge of convincing voters to back a gerrymandered map when Democrats, who several years ago backed the formation of the state’s bipartisan redistricting commission, have criticized Republicans for similar moves.” Ya think? (Hat tip: Sarah Hoyt at Instapundit.)
Democrats have been hyping their wins in very specialized races. And the Left has been declaring that it’s going to finish devouring and digesting the Democrats.
On paper, it should be looking good. The public is dissatisfied. The Left’s program of socialism disguised as economic populism and antisemitism disguised as anti-Zionism should be selling. Except the Illinois wipeout suggests it’s not.
Again, on paper Obamaville, where the dead vote and the unions run everything, should have been a good choice. Plenty of leftists have been elected here. And the Democrat primaries in many urban areas are virtually owned by the Left.
But 6 potential Squaddies, including two Muslim candidates, lost Democrat congressional primary races.
The media and the Left (but I repeat myself) are blaming AIPAC and the newly combative pro-Israel lobby, which sees itself being NRA’d out of the Democrats, is happy to take credit, but its results were mostly mixed.
So what does explain the Left taking a beating in primaries it should have been able to dominate?
Despite all the anti-ICE hysteria, radicalism fatigue may be setting in. Enough Democrat primary voters showed no interest in voting for the ‘podcast class’, the Bernie Brats, Hamas fan girls and the rest of the radicals.
The Left was hoping that Mamdani’s victory was a bellwether, but just like Obama’s win what it really showed was that a smooth radical isn’t supposed to sound like one. Democrats didn’t want. The Bernie people, the Justice Dems and that ilk lost badly in Illinois because maybe radicalism isn’t what the Democrat voter wants right now.
They also hit the Ust-Luga oil terminal in the same general area, and it was still burning 24 hours later. They also hit two oil tankers in the same strike.
But that’s not all! They hit the same Ust-Luga oil terminal again less than a day later. “Russia has lost 40% of its oil export capacity.”
One of Russia’s newest warships, a Project 23550 icebreaker, is now damaged and listing heavily after drone strike.
“U. North Texas Cutting up to 70 Programs in Effort to Trim Deficit” including “women’s and gender studies, LGBTQ studies, Mexican American studies, Africana studies, Asian studies as well as dance, geology and special education.” Most of those sound like they should be killed, and the rest are unnecessary luxuries if no one is taking them.
Attorney General Ken Paxton has obtained a court order halting actions by an EPIC City-linked municipal utility district.
The case centers on allegations that the Double R Municipal Utility District No. 2A has been used to advance a controversial development project organized by the East Plano Islamic Center by skirting state oversight and standard MUD-creation procedures. The project, originally known as EPIC City, has been rebranded as the Meadow.
Judge Christine Nowak’s order blocks the district and its board from taking further steps to support the development while the litigation continues.
The state’s lawsuit focuses on a 2025 special meeting where the Double R MUD board allegedly resigned en masse, installed new directors at a remote roadside location identified only by GPS coordinates, and then quickly voted to annex more than 400 acres tied to the EPIC project.
State lawyers say that maneuver effectively transformed the MUD into a vehicle for EPIC City’s backers, allowing them to expand taxing authority and infrastructure support without going through the process of forming a new district.
After the annexation, regulators requested documents to confirm that the new board members met legal requirements to hold public office and levy taxes on residents inside the district.
According to the suit, records submitted by Double R MUD showed the individuals did not meet statutory qualifications—a finding the attorney general’s office said casts doubt on every action the board took, including the EPIC City annexation.
The state is asking the court to remove the disputed board members, unwind the 402.5-acre annexation tied to EPIC City, and restore what Paxton describes as lawful governance of the utility district.
More: “Hunt County Rejects Plans for Controversial EPIC City. Commissioners disapproved the Islamic development based on deficiencies in the plat application.”
“Monica Cannon-Grant, a Black Lives Matter activist who was named ‘Bostonian of the Year’ by the Boston Globe, was ordered to pay back every dime she stole from her nonprofit, unemployment benefits, and other fraudulent practices, amounting to almost $225,000. U.S. District Court Judge Angel Kelley sentenced Cannon-Grant to four years’ probation, six months of home detention, and 100 hours of community service. Federal prosecutors, however, recommended 18 months in prison. Although Cannon-Grant dodged time behind bars, she must return all of the money she managed to bilk from her nonprofit.” Kelley was appointed by Biden, and I bet if Cannon-Grant hadn’t been a leftwing political activist, she would have received prison time.
Important tip: “Ultra-pure copper” bought from China shouldn’t stick to a magnet. Plus, make sure the Chinese companies you’re buying materials from actually exists…
Just hours after Irish rappers Kneecap blasted the amps and turned a Havana concert into a rave for Code Pink activists chanting anti-blockade slogans, reports claim local hospital went dark and ventilator patients died.
Meanwhile, members of the communist flotilla stayed in 5-star hotels with the lights blazing and AC running.
No one cashes in on capitalism faster than the clowns preaching communism.
The U.S. Attorney’s Office for the Southern District of New York has charged associates of an unidentified U.S. server maker with illegally diverting billions of dollars in Nvidia-powered servers to China.
The U.S. government has been trying to figure out how high-powered chips have reached China without authorization, as American artificial intelligence companies such as Anthropic and OpenAI face challenges from DeepSeek and other Chinese rivals.
In an indictment unsealed Thursday, the U.S. government alleged that Yih-Shyan “Wally” Liaw, Ruei-Tsan “Steven” Chang and Ting-Wei “Willy” Sun worked together to violate the Export Control Reform Act.
The server company’s products containing Nvidia chips “are subject to strict U.S. export controls barring their sale to China without a license,” the plaintiff said in the indictment. “Those controls are in place to protect U.S. national security and foreign policy interests, among other things.”
Artificial intelligence may well be the most important technological development of the coming decade-and that is exactly why the current capital surge around it warrants skepticism. History is littered with transformative innovations that were nonetheless disastrously overbuilt and mispriced in their early phases. Austrian Business Cycle Theory was never a children’s story in which every boom ends with clowns, ashes, and worthless machinery; its real claim is subtler and nastier. When the price of time is falsified-when interest rates are pushed below their natural rate-often proxied, however imperfectly, by modern estimates of the neutral rate-entrepreneurs are encouraged to undertake projects that are more roundabout, more capital-intensive, and more time-sensitive than underlying saving and final demand can actually support. The neutral rate is a policy construct; the natural rate is an economic reality. Some of those projects may still embody genuine innovation.
The problem is not that AI must be fake; it is that a very real technological advance can be financed, priced, and physically built in ways that are wildly uneconomic.
That distinction matters because AI is about as roundabout as modern capitalism gets. This is not a boom in apps and slogans alone; it is a boom in data centers, power, cooling, transformers, specialized semiconductors, fiber, land, and the commodities and construction needed to house and feed all of it. Reuters reports that Alphabet, Amazon, Meta, and Microsoft are expected to spend more than $630 billion combined on AI-related infrastructure in 2026, up sharply from 2025, while separate Reuters reporting says Amazon alone projects roughly $200 billion of 2026 capex. Analysts also expect the hyperscalers’ debt issuance to keep climbing, with BofA lifting its 2026 forecast to $175 billion after Amazon’s jumbo deal and Reuters noting that these firms issued $121 billion in bonds in 2025 versus a 2020–2024 annual average of just $28 billion. In Austrian terms, this is not consumption drunkenness; it is higher-order production marching deep into the structure of capital with a flamethrower and an Excel model.
Snip.
The most charitable case is that AI is a genuine general-purpose technology whose economics are merely messy in the early innings. OpenAI says ChatGPT had more than 900 million weekly users as of late February, and Bloomberg reports OpenAI’s annualized revenue topped $20 billion in 2025 while Anthropic is tracking near that level as well. There are also signs of real productivity gains in narrow use cases, especially coding and selected support tasks. But the bill is arriving much faster than the profits: Bain estimated the industry would need roughly $2 trillion in annual revenue by 2030 to support projected compute demand, yet expected a gap of about $800 billion. That is not a business model; that is a promissory note written in GPU ink.
The more worrying Austrian angle is not simply overvaluation in public equities, but miscoordination in the capital structure. If chips depreciate economically faster than accountants admit, if grid interconnections lag by years, if open models compress pricing power, and if customers love AI demos more than they love paying enterprise invoices, then the industry has a classic ABCT problem: complementary capital arrives in the wrong proportions and at the wrong times. And though not easily captured in formal models, technological history is clear: infrastructure-heavy systems rarely stay that way for long, and early capital often pays the price. The New York Fed warns that r-star is an estimate, not an oracle, but the larger point survives that caveat: if market rates were held too low relative to the economy’s true intertemporal balance, then the resulting investment pattern will look profitable only until bottlenecks, replacement cycles, and cost of capital reassert themselves. Bloomberg reports OpenAI has discussed infrastructure commitments above $1.4 trillion, while Anthropic has announced a $50 billion U.S. data-center push; meanwhile, the IEA has warned of grid-connection queues, transformer shortages, and permitting delays for the power build-out data centers require. A boom can survive many indignities, but not all of them at once.
So: does AI constitute malinvestment? The best answer is that AI almost certainly contains both real innovation and a large malinvestment component.
Barksdale Air Force Base (BAFB), a major U.S. strategic bomber installation in northwest Louisiana, has just experienced an unusually serious series of unauthorized drone incursions over its most sensitive areas.
More than a dozen unsanctioned drones repeatedly swarmed a US Air Force base that is home to a nuclear bomber fleet — and were able to resist efforts to bring them down via jamming technology, according to military officials.
The restricted airspace of Barksdale Air Force Base in Bossier City, Louisiana, was infiltrated by “multiple unauthorized drones” between March 9 and March 15, a base spokesperson told The Post.
The 22-acre installation located east of Shreveport, hosts a fleet of B-52 bombers which can carry out nuclear strikes with “worldwide precision,” according to the Air Force.
As an Air Force Global Strike Command base, Barksdale also plays a crucial role in the Air Force’s nuclear defense capabilities…
Military officials report that more than 12 to 15 unauthorized drones swarmed the base, which hosts the U.S. nuclear B-52 bomber fleet.
The drones resisted jamming efforts, with multiple waves detected.
Snip.
The briefing includes a determination that the drones were different than what the typical consumer could purchase off the shelf. They appeared to be custom built and required “advanced knowledge” of signal operations.
The analysts said “with high confidence” they expected unauthorized drones to continue to operate in and around Barksdale Air Force Base in the immediate future.
“The drone incursions at BAFB pose a significant threat to public safety and national security since they require the flight line to be shut down while also putting manned aircrafts already inflight in the area at risk,” the document said.
Maybe his hatred for the police will finally be his undoing. “Resignation Demands Mount for Travis County DA Garza over Prosecutorial Misconduct Allegations.”
Travis County District Attorney Jose Garza is facing calls for his resignation over accusations that he withheld evidence in prosecuting a police officer for actions taken during a 2020 Black Lives Matter protest in Austin.
“Jose Garza’s habitual misconduct and his lack of prosecutorial experience puts our entire community at risk,” said Austin Police Retired Officers Association (APROA) President Dennis Farris in a statement.
“Felony cases, when properly handled, present opportunities for the innocent to be absolved of serious allegations, for the guilty to be held accountable and for the residents of Travis County to have confidence in the judicial system. In order for these principles to be upheld, Travis County needs a new district attorney.”
Farris was responding to recent revelations about Garza’s prosecution of Austin police officer Chance Bretches.
In 2022, Garza charged Bretches with Aggravated Assault, two years after an anti-police demonstration spurred by the death of George Floyd. During the protest, Bretches fired a “less lethal” bean bag round, resulting in severe injury to a woman who said she was a volunteer providing medical assistance to protestors.
In 2024, Garza brought additional charges against Bretches for Aggravated Assault by a Public Servant, Deadly Conduct, and Assault.
Although prosecutors are required to provide the defense with exculpatory evidence in accordance with a U.S. Supreme Court ruling in Brady v. Maryland and Texas’ Michael Morton Act, Garza did not disclose alleged “secret” meetings in 2023 with city officials to discuss the possibility of charging the City of Austin.
Last week, attorney Doug O’Connell asked Travis County District Court Judge Karen Sage to dismiss the case on the grounds that Garza violated Bretches’ constitutional due process rights and violated the law by not disclosing the meetings or related communications. O’Connell also argued that Garza’s actions are part of a pattern of misconduct.
“This goes to the issue of why dismissing the case is the only solution, because how will the judge ever know whether they turned over all the evidence,” O’Connell told The Texan.
Courts previously sanctioned Garza for withholding evidence in the manslaughter prosecution of two Williamson County Sheriff’s deputies, and an investigator also accused the DA of hiding evidence in the trial of Daniel Perry.
Perry was convicted in 2023 of murdering Air Force veteran and Black Lives Matter protester Garrett Foster. Gov. Greg Abbott pardoned Perry in 2024.
In addition to APROA, the Combined Law Enforcement Associations of Texas (CLEAT) has also called for Garza’s resignation, and the incoming president of the nonprofit Central Texas Public Safety Commission, Jennifer Stevens, told CBS Austin that Garza’s prosecution of police officers instead of criminal defendants is contributing to division between the Travis County District Attorney’s Office (TCDAO) and law enforcement.
“There can be no worse violation of the oath taken by a district attorney than to intentionally deny a defendant a fair trial. It is a direct violation of their constitutional rights,” said CLEAT Executive Director Robert Leonard in a statement.
In December, a Texas appeals court overturned the conviction of Austin police officer Christopher Taylor, who had been prosecuted by Garza over the 2019 shooting death of Mauris DeSilva.
Abbott responded to the new allegations against Garza in a social media post.
“All of this will be taken into consideration when I have the final say on the fate of the police officer. This DA’s failure to prosecute murderers & repeatedly letting dangerous criminals go free, while prioritizing prosecuting police, will have consequences,” wrote Abbott.
The sooner Garza is gone, the sooner citizens can stop dying because he let criminal scumbags back on the street.
“Dallas and Williamson County GOPs to Return to Countywide Voting After Primary Election Day Confusion. At least 13,000 Dallas residents reportedly showed up to the wrong polling place on March 3.”
America’s most prolific serial killers now burns in hell. Kermit Gosnell dies in prison at 85.
A Philadelphia grand jury, in its investigation of Gosnell’s Women’s Medical Society abortion center, labeled it a ‘house of horrors’ and initially sought charges for hundreds of murders of babies born alive and then killed.
Charges were ultimately limited to seven murder counts ‘after pressure from senior political and law enforcement officials,’ according to accounts from those covering the case.
The facility functioned as a ‘pill mill by day and an ‘abortion mill’ by night,’ federal authorities noted….
Witnesses described shocking details: Baby A was large enough that employees took photos after the killing, with Gosnell joking the baby was ‘big enough to walk around with me or walk me to the bus stop.’
Other infants showed signs of life, including breathing and movement, before being killed.
Gosnell was also convicted of involuntary manslaughter in the 2009 death of 41-year-old patient Karnamaya Mongar, a Bhutanese refugee who died from an overdose of anesthesia during a botched abortion.
He faced more than 200 additional counts and was found guilty on most, including 21 felony counts of performing illegal abortions beyond Pennsylvania’s 24-week limit and violations of the state’s 24-hour informed-consent law.
Finally. “International Olympic Committee Bans Male Athletes from Women’s Sports.” Pretty soon the only place radical transsexism will still hold sway is among 2028 Democratic Presidential candidates…
The House Select Committee on Governmental Oversight will have over a dozen members, with state Rep. Cody Vasut (R-Angleton) serving as the chair and state Rep. Armando Walle (D-Houston) as co-chair.
The other representatives on it will be state Reps. Richard Hayes (R-Denton), Brooks Landgraf (R-Odessa), Mitch Little (R-Lewisville), AJ Louderback (R-Victoria), Christian Manuel (D-Beaumont), Eddie Morales (D-Eagle Pass), Richard Raymond (D-Laredo), Shelby Slawson (R-Stephenville), Carl Tepper (R-Lubbock), Ellen Troxclair (R-Lakeway, and Erin Zwiener (D-Driftwood).
“Meta to Pay $375 Million Penalty After Jury Finds Company Endangered Children in Landmark Case.”
A jury in New Mexico determined on Tuesday that Meta misled consumers about the safety of its platforms and put children in harm’s way by failing to protect them from sexual predators.
The jury ordered meta to pay a $375 million penalty, significantly lower than the $2.2 billion that New Mexico sought, based on the total number of violations and a $5,000 fine per violation. Meta was found to have violated New Mexico’s unfair-practices act
Adam Savage reorganizes his storage drawers. I’m not saying everyone should watch all 40 minutes of this, but if you have a workshop full of tiny components you have trouble organizing, you might find his method useful.
Tom Scott returns to YouTube after a two year absence. I’m not necessarily super excited for the particular shows he’s returning with (a tour through all of England’s counties, with something interesting in each), but I’ll probably dip into it because I liked his previous work, where he traveled around the world and explained interesting things.
Some Iran War updates, Russo-Ukrainian War updates, Democrats, Trannies, and Tranny Democrat child sex offenders, a Democrat judge bonds out a would-be jihad mass murderer, Bible discussion turns a bus rider stabby, and gamers come out against AI “assistance.” Plus: Marlene Dietrich, show us your guns!
It’s the Friday LinkSwarm!
Still having the occasional 429 error, but if I wait an hour, they seem to clear.
President Trump weighs boots on the ground options in Iran. In addition to the Marines, the storied 82nd Airborne Division is an option.
IRGC “Brigadier General Ali Mohammad Naeini killed in overnight strike.” “Naeini had been the public face of Iran’s military communications throughout the conflict.” Not anymore…
When co-host David Friedberg asked Fetterman point-blank, “Who do you think leads the Democratic Party today?” the Pennsylvania senator didn’t flinch. “Oh, we don’t have one,” he said. “I think the TDS, that’s the leader right now. You know, right now our party is governed by the TDS.”
Fetterman then described what that governance actually looks like in practice – a kind of loyalty test that runs in reverse. Opposition to Trump has become the organizing principle, the ideological north star. Agree with anything the other side does and you face consequences. “It’s made it virtually impossible, without being punished, as a Democrat, to agree something’s good, or ‘I agree with the other side,'” he said.
He then cited Operation Epic Fury – the U.S. military campaign against Iran – as the latest illustration of the problem. Fetterman said he is “literally the only Democrat […] in Congress, that I’ve come across that’s saying, ‘I think it’s a great thing to break and destroy the Iranian regime.’ I think it’s entirely appropriate to hold them accountable.”
Fetterman correctly pointed out that this is not a fringe or even partisan position, historically. Every Democrat who ran for president in recent memory vowed Iran would never get a nuclear weapon. Now that it’s actually happening, the party’s response has been mostly blind criticism of President Trump for finally taking action.
Fetterman previously accused Democrats of refusing to put “country over party” over the Iran strikes.
“The last two professional candidates for the Democratic Party all agreed that we can never allow Iran to acquire nuclear bombs, and that’s made that possible now. I think we can say, ‘Hey, that’s a great thing. That makes the world more safe, more secure and holds Iran accountable,’” he told Fox News’s Sean Hannity earlier this month, after 53 House Democrats voted against a resolution declaring that Iran is a state sponsor of terrorism — something which isn’t remotely in doubt. “That’s almost 25% of Democrats in the House that can’t just call Iran the world’s biggest terrorism underwriter,” Fetterman added.
“Virtually every Democrat that I’m aware of says we can never allow Iran to acquire a nuclear bomb, and they were a significant risk to America,” Fetterman continued. “I know why they [Democrats] don’t say that now because I’m aware that it is very damaging as a Democrat to just happen to agree with the president on anything. But, for me, that’s easy — country over party.”
Deep State functionaries seem unclear on tricky concepts like “chain of command” and “democracy.” “”US intel hid Chinese 2020 election meddling from Trump because they opposed his policies.” “Dr. Barry A. Zulauf, a member of the Senior National Intelligence Service reported that others in the intelligence community said ‘I don’t want my intelligence going to the White House where it will be used by that vulgarian in the Oval Office to support policies against China with which I personally disagree.'”
Analysts inside the U.S. intelligence community sought to conceal evidence of Chinese influence efforts from President Donald Trump during the 2020 election, with analysts saying they didn’t want their intel used by “that vulgarian in the Oval Office” to pursue policies toward China they personally disagreed with.
The revelation is found within a January 2021 report written by — and never before reported upon comments by — analytic ombudsman Barry Zulauf, who conducted a review of the spy community’s handling of Russian versus Chinese meddling efforts during the 2020 election. Among his conclusions was that intelligence analysts downplayed China’s actions because they had disdain for the “vulgarian” Trump and did not want to support the policies and priorities of the Trump administration toward China with which they “personally disagree.”
Just the News reported this week that the U.S. intelligence community has known since early 2020 that Beijing also gained access to American voter registration data and used that information to conduct opinion analysis related to the presidential election between Trump and then-former Vice President Joe Biden.
This is not the only piece of evidence pointing to Chinese government election influence efforts in the 2020 election. Although much about China’s activities in 2020 remains classified, Just the News conducted a thorough review of publicly-available intelligence assessments, federal indictments, foreign government warnings, and cybersecurity firm analyses.
There is credible evidence that Chinese government-linked cyber hackers and Chinese social media troll farms took aim at the U.S. presidential election in 2020 and sought to undercut Trump during his run against now-former President Biden. There are also indicators that Chinese intelligence and law enforcement agencies — China’s Ministry of State Security (MSS) and its Ministry of Public Security (MPS) — also played a role in 2020.
Republicans love America. Democrats’ love for America is contingent on a Democrat in the White House.
A man who was shot and killed by police in Dallas was part of Texas Democratic Rep. Jasmine Crockett’s security detail, multiple sources reported on Friday.
According to CBS News, the individual in question was “known publicly as Mike King,” although he’d been using various aliases to gain employment.
He was also running a business that placed law enforcement officers in off-duty jobs — and was a figure present near Crockett at numerous campaign stops during her failed bid to gain the party’s Senate nomination, as photographic evidence showed.
King was fatally shot Wednesday after a standoff with a SWAT team in Dallas outside of Children’s Medical Center.
According to DFW Scanner, a site that chronicles crime reports from police scanners in and around the Dallas-Fort Worth metroplex, the suspect “barricaded himself in a vehicle at 1934 Medical District Drive.”
“Officers used tear gas in an effort to get the suspect out of the vehicle. He exited the vehicle armed with a gun, and pointed it at officers,” the report noted. “Officers opened fire and killed the suspect.”
Early reports indicated that he was a fugitive who was known to police and was under investigation for impersonation of a law enforcement officer.
Play stupid games, win stupid prizes. Democrats just have a gift for hiring they best, don’t they?
“Reddit’s biggest trans moderator was just unmasked as convicted child sex abuser.” Branden “Brynn” Dunleavy. “The whistleblower, who waved the red flag, said he thinks this Branden and his crimes were deliberately shielded” by other Reddit moderators. (Hat tip: Stephen Green at Instapundit.)
Monsterous: “Transgender ‘youth advocate’ was just charged with raping a BABY GIRL.” William Kelso Flournoy IV even filmed himself doing it. Hell’s too good for him.
The accusations come from two of the alleged victims themselves, one who was 12 when she said the sexual abuse started. The other alleged victim quoted in the piece was 13 when she says Chavez sexually abused her:
Ana Murguia remembers the day the man she had regarded as a hero called her house and summoned her to see him. She walked along a dirt trail, entered the rundown building, passed his secretary and stepped into his office.
He locked the door, as he always did when he called her, and told her how lonely he had been. He brought her onto the yoga mat that he often used in his office for meditation, kissed her and pulled her pants down. “Don’t tell anyone,” he told her afterward. “They’d get jealous.”
The man, Cesar Chavez, one of the most revered figures in the Latino civil rights movement, was 45. She was 13. Ms. Murguia said she was summoned for sexual encounters with him dozens of times over the next four years.
[…]
Ms. Murguia and Ms. [Debra] Rojas, both of whom are now 66, were the daughters of longtime organizers who had marched in rallies alongside Mr. Chavez. He used the privacy of his California office to frequently molest Ms. Murguia, she said. He had known her since she was 8 years old. She became so traumatized that she attempted to end her life multiple times by the age of 15.
How is it so many Democrat “community organizers” and “activists” turn out to be sexual predators? Those movements seem to draw them like flies to an open sewer…
Fallout: “Abbott Blocks Annual Cesar Chavez Observation in Texas.”
Samuel James Hall, a green card holder from Great Britain, appeared in federal court on a misdemeanor charge of voting by an alien. According to his defense attorney, James Alston, Hall has lived in the Houston area for several years but is not a U.S. citizen. Federal prosecutors allege he cast a ballot in Harris County during the 2024 General Election, voting in races for president, vice president, U.S. Senate, and the House of Representatives. The charge carries a maximum penalty of one year in federal prison. Hall posted bond and is free while his case moves through court.
“Former MD Anderson Researcher Pleads Guilty To Stealing Cancer Research for China.” “Harris County court records show that Yunhai Li pleaded guilty on March 6 to a state jail felony charge of attempted theft of trade secrets. He was recently sentenced to 364 days in the Harris County jail and received credit for 196 days already served, indicating a remaining time in jail of 168 days. Court records indicate Li, 35, is expected to be deported upon release.” (Previously.)
After paying Bari Weiss $150 million for The Free Press and hiring her to run their newsroom, CBS News announced a fresh round of layoffs on Friday which will affect over 60 jobs, or 6% of the news division, according to the NY Times.
“Certain parts of this newsroom need to get smaller in order for us to make room for the things that we need to build to remain competitive in the future,” said Weiss, who entered the scene last October, during a Friday newsroom-wide conference call.
The move follows roughly 100 layoffs last year, while ratings have continued to plummet under Weiss.
Today’s round includes the entirety of CBS News Radio – a century-old division that “served as the foundation for everything we have built since 1927,” said network president Tom Cibrowski in a memo.
I’m going to go out on a limb and guess the average CBS Radio news listener age is around 85…
After decades of relying on Vietnam-era designs, the Army has approved the first offensive hand grenade to enter the service since 1968.
The new M111 Offensive Hand Grenade was approved for full material release this year, the Army announced Tuesday in a statement. The new grenade relies primarily on blast overpressure rather than fragmented inner pieces to incapacitate, making it better suited for close-quarters combat inside of buildings, bunkers and tunnels.
Full material release allows the Army to field the weapon across the force after testing has confirmed that it meets safety and performance requirements. The approval lets the Army move the grenade from development into production.
The Army’s standard M67 fragmentation grenade explodes shrapnel in all directions, making it risky for soldiers to use in tight spaces. Blast overpressure refers to the intense pressure wave created by an explosion.
“One of the key lessons learned from the door-to-door urban fighting in Iraq was the M67 grenade wasn’t always the right tool for the job. The risk of fratricide on the other side of the wall was too high,” said Col. Vince Morris, the Army’s project manager for Close Combat Systems, in the statement. But a weapon utilizing blast overpressure instead of fragmentation, he said, “can clear a room of enemy combatants quickly leaving nowhere to hide while ensuring the safety of friendly forces.”
The M111 is intended to replace the body and fuze of the Mk3A2 grenade series, which has an asbestos body that has restricted its use. Unlike the Mk3A2, the new weapon has a plastic casing that is consumed during detonation.
It also uses the same fuze system as the M67 grenade, allowing the service to streamline manufacturing.
With 310 meters in length and roughly 90 meters at the beam, the 80,000-tonne France Libre will dwarf its predecessor, the 42,000-tonne Charles de Gaulle, which has served as the Marine Nationale‘s sole carrier strike platform since 2001. Power will come from a pair of TechnicAtome K-22 pressurized water reactors, granting the vessel virtually unlimited range and endurance at speeds of up to 27 knots via three shaft lines. Crew complement (including air wing) is set to be about 2,000 sailors.
They’re targeting it to be ready for service in 2038.
Insane story out of Houston: “Armed Man Wearing Tactical Gear Arrested for Attempted Entry to Klein Elementary School.”
A 39-year-old man in tactical gear, armed with a handgun and taser, attempted entry to Zwink Elementary in Klein Independent School District (ISD) on March 10.
Kyle Chris lives four minutes away from the school and was arrested on the evening of March 11, more than 24 hours after the incident. He has a felony charge of unlawfully carrying a weapon in a prohibited place.
District officials say Chris was able to enter an initial set of front doors during a 15-second period after a parent entered and before the doors shut completely. Zwink Elementary’s double-door system kept Chris in the entrance and stopped him from entering the area of the school with access to students.
But the story gets even more insane: “Kyle Chris” turns out to be “Muhi Mohanad Najm” and Democrat Judge Lori Chambers Gray bonded him out for $75K.
Talking about the Bible on a bus in Austin? That’s a stabbing. Boy, Steve Adler’s decision to lure drug addicted transients to Austin, and Jose Garza’s determination to keep violent lunatics on the streets, just keep paying dividends.
Among the numerous things he predicted incorrectly:
In the 1970s and 1980s hundreds of millions of people will starve to death [from mass famine].
This was, of course, entirely false. It did not happen. It is hard to overstate how wrong this was. Indeed, after the communist-run Great Leap Forward famine in 1950s-1960s China, major famines have become a vanishing rarity on the global stage
Snip.
Elsewhere, in a comical essay that presented itself as being written from the future, Ehrlich claimed the U.S. population in 1999 would be around 22 million, the result of a famine-induced “Great Die-Off.”
There is a personality type that every institution eventually learns to fear. Not the whistleblower. Not the activist. Not the dissident. Those are legible threats. They want something. They have an agenda. They can be categorized, managed, countered, discredited.
The personality the institution cannot process is the person who corrects errors because they are errors.
Not because the correction serves their interests. Not because they are aligned against the people who made the error. Not because they are building a case or advancing a cause or positioning themselves for advantage. Because the error exists. Because it is wrong. Because someone published a number that is not the right number, and the wrong number is sitting there, propagating, being cited, being absorbed, being built upon, and nobody is fixing it.
This person will spend three hours writing a detailed correction of a statistical claim in a policy document that has nothing to do with their field, their career, their politics, or their life. They will do this for free. They will do it knowing that the correction will make them no friends and several enemies. They will do it on a Saturday. They will do it again the following Tuesday when they find another error in a different document.
If you ask them why, the answer is: because it’s wrong.
That answer is incomprehensible to most institutional actors. And the incomprehension is the beginning of the immune response.
It’s not our job to make sure nVidia’s fucking shit lands. It’s my job to identify when their shit has not landed and has, in fact, remained suspended in mid-air. It’s not a great metaphor. And I guess I say it’s not our job, but that’s not really true; they’re the entire economy. We all work for them, in a literal way. The rational play here is to suck as many dicks as possible, and to suck them on an industrial scale. We might suck a dick here, a dick there, but we need to be thinking about these firm rods like a Henry Ford or a Ray Croc. You better clap to keep this fucking fairy alive or your gramma is gonna have to live in a hedge like a witch.
I saw impressive environmental lighting for sure, but that’s not what punched people in the gut. All people did was respond viscerally to Grace Ashcroft. That’s not who she is. We had an uncanny valley, and now we have… I dunno. An “Eerie Mesa.” We don’t like that either. And when I say we don’t like it, I mean our bones don’t like it. There’s a Eurogamer article on nVidia’s response, which is to say that we don’t know everything and are thinking about it wrong, which is a great pitch. I talked to Gabe a couple years ago about how eventually nVidia would just… do it. Do it all, do the whole shebang. Expound mathemagically on base assets and shim the whole thing. I wish I’d said so at the time! I could link back to it, and simply deploy the Lemmy Face. In the meantime, it’s not clear to me that the developers I’m interested in are gonna feel like jacking this thing off until their game doesn’t look scary.
Speaking of people rejecting scary faces, Meta is closing down it’s virtual realty project after pouring $80 billion on it. Or saying they lost $80 billion so they can rake off the money somewhere else…
Mark Felton has a fun video up covering Marlene Dietrich’s guns she brought back after entertaining U.S. troops in Europe during World War II, including gifts from Omar Bradley and George S. Patton!
Dune Part 3 trailer drops. The difficulty here is that Parts 1 and 2 were made from Dune, which is a great novel, where this is made from Dune Messiah, which isn’t. Indeed, Dune Messiah takes place after Muad’Dib’s jihad has swept the galaxy, and it looks like there will be a lot more jihad in the movie than the book. I’m guessing this is the rare case where the movie may be better than the book.
Jobs are down, more Minnesota fraud uncovered, a bunch of military action outside the Persian Gulf, an Austin jihad shooter, Noem gets the Old Yeller treatment, Bill Clinton remains Bill Clinton, and Microsoft, amazingly, manages to get even worse.
It’s the Friday LinkSwarm!
Also consider this your “Iran Strikes: Day 7” update with a smattering of news as well. There are reports that Kurdish forces have entered Iran from Iraq, but I’m not seeing sufficient evidence for that yet.
Interesting chart showing Iran has likely “blown its wad” on missiles and drones, as day by day fewer and fewer are being launched.
Update Numbers as of Mar. 6, 12.00 AM The numbers are rounded and compiled from various media reports, with a margin of error of ±10% 15% **Corrected previous Post there was a Mistake https://t.co/eDlVfc3nzApic.twitter.com/UiHAU0yNHe
The Supreme Court upheld the standard for reviewing asylum cases, keeping it in the hands of immigration agencies.
Yes, even the leftist justices agreed. 9-0.
“We granted certiorari to determine whether the Court of Appeals applied the appropriate standard of review under the INA [Immigration and Nationality Act],” wrote Justice Ketanji Brown-Jackson. “We conclude that the statute requires application of the substantial evidence standard to the agency’s conclusion that a given set of undisputed facts does not constitute persecution.”
Top officials in Minnesota were made aware of fraud concerns surrounding government assistance programs as early as 2019 but failed to take action as billions of dollars were stolen and warnings piled up.
Former Minnesota state officials testified to the House Oversight Committee that Governor Tim Walz and Attorney General Keith Ellison were first informed that the state’s social services programs had been compromised by widespread fraud in 2019 and 2020, according to a new report from the committee.
“Testimony obtained by the Committee reveals that Governor Tim Walz and Attorney General Keith Ellison were aware of widespread fraud in social service programs, lied about their knowledge of the fraud, and retaliated against employees who dared to raise concerns. Instead of protecting vulnerable Americans, they handed over billions in taxpayer dollars to fraudsters and threw their own state employees under the bus,” said House Oversight Committee chairman James Comer (R., Ky.).
Several different entities and state-level programs are implicated in Minnesota’s fraud scandal. The most prominent program is Feeding Our Future, which fraudsters targeted during the Covid era to steal $300 million from the Minnesota Department of Education that had been designated to provide food to poor children. Feeding Our Future is now dissolved and dozens of defendants have been convicted in connection with the scheme since 2022.
According to the committee report, Minnesota Department of Education officials first received allegations of fraud against Feeding Our Future from the U.S. Department of Agriculture in 2019. The USDA alleged Feeding Our Future was created with forged signatures and misled sponsored food distribution sites about certain federal requirements. Minnesota officials dismissed the allegations at the time. By April 2020, Walz and Ellison’s offices were briefed about the Minnesota Department of Education’s concerns regarding Feeding Our Future, Assistant Commissioner Daron Korte testified to the committee. State officials contacted the USDA about Feeding Our Future in late 2020, but the agency’s inspector general did not act, a failure that emboldened the scammers at Feeding Our Future.
The Oversight Committee report asserts that Minnesota officials could have suspended payments to Feeding Our Future but chose not to because of potential litigation and racism accusations. Minnesota officials blamed the USDA and Feeding Our Future for perpetuating the large-scale fraud. In March 2021, the Minnesota Department of Education stopped payments to Feeding Our Future, but resumed payments voluntarily the following month after a court hearing on the matter. A court order was never issued requiring the payments, contradicting Walz’s 2022 assertion to the contrary. The lack of a court order was confirmed during the course of the Oversight Committee’s investigation.
In early 2019, Walz’s administration became aware of fraud tied to two programs administered by Minnesota’s Department of Human Services, former agency commissioner Tony Lourey testified. Another former commissioner, Jodi Harpstead, testified that Walz’s administration believed fraud connected to a child care program run out of the Department of Human Services had already been resolved. But the Oversight Committee report references two auditor reports showing otherwise, both of which were issued in 2019. The Department of Human Services lacked fraud mitigation mechanisms and felt pressure to get money out the door to justify state appropriations, the committee found. Despite credible allegations of fraud, the agency failed to act on the warnings and unilaterally stop making payments to the social services programs in question.
The Oversight Committee’s report is based on testimony from nine top current and former state officials, documents and communications, and briefings with federal and state officials. The Minnesota U.S. Attorney’s office recently speculated that the interwoven fraud schemes totaled nearly $9 billion in misallocated funds. Of the fraud defendants, 85 percent of them come from Minnesota’s Somali-American immigrant community. Social services programs that provide food, child care, housing, and special education have all come under scrutiny as federal investigators unravel the fraud scheme.
I know it’s been easy to overlook in all the other military news this week, but Afghanistan and Pakistan have been going at it as well, though only at a border skirmish level rather than a full-scale conflict. Since the Pakistani ISI helped create the Taliban, this is what’s known as “blowback.”
Rene Campos, a registered sex offender, is seeking elected office in California – launching a campaign for Fresno City Council amid fierce backlash and renewed questions about whether someone with his record should hold public office.
Campos was arrested in 2018 following a cyber tip to the Central California Internet Crimes Against Children Task Force. He was found in possession of child sex abuse material, according to court records. In 2021 he entered a no-contest plea to a single misdemeanor charge of possessing and controlling child pornography/child sex abuse material (likely under California Penal Code § 311.11). He served only one month in prison and a two year probation period.
Campos describes himself as a gay man who is running for office on the platform of “reduced crime and rehabilitation.”
Possession of child pornography is typically treated as a felony, even in a woke haven like California. How the Fresno candidate was able to make a deal for a misdemeanor charge and spend only one month in prison is a mystery, but this does help to confirm ongoing suspicions that California’s legal system is falling into steep decline.
California is notoriously soft on child sex abusers. Recently, a Sacramento parole board released Daniel Allen Funston, who was convicted in 1999 of sixteen counts of kidnapping and child molestation after a horrific crime spree in Sacramento County, during which he kidnapped, raped, and beat eight children ages 3 to 7.
Funston was originally sentenced to three consecutive life terms plus 20 years, but was set free at age 64 due to a California elderly inmate program (maybe he’ll run for office, too).
Data from 2022 shows that the Golden State released over 7000 child sex offenders after less than one year of incarceration. Interestingly, “digital blocks” were added to the Megan’s Law website that prevent more recent analysis.
Virginia Governor Abigail Spanberger is demanding that Immigration and Customs Enforcement provide warrants before violent illegal criminals are turned over to federal authorities, following the stabbing of a Virginia woman by an illegal immigrant with a long and violent criminal history.
Abdul Jalloh was charged with second-degree murder after Stephanie Minter was brutally stabbed in the neck at a Virginia bus stop. Jalloh had previously been charged more than 40 times, including for egregious crimes such as aggravated assault, malicious wounding, and rape. Prosecutors dropped 20 of the 43 charges against Jalloh. The Fairfax County Commonwealth’s Attorney’s office said the charges were dropped because Jalloh often chose victims who did not have permanent addresses, making the proceedings more difficult.
The Department of Homeland Security said Jalloh is an illegal immigrant from Sierra Leone. He entered the United States in 2012.
“ICE previously lodged a detainer against Jalloh in 2020, and he was granted a final order of removal by a judge who found he could be removed to any country other than Sierra Leone,” DHS said in a statement. “This case illustrated the importance of third country removals to get criminal illegal aliens out of the U.S.”
Spanberger insists that in order for Virginia to work with federal authorities, ICE must provide a signed judicial warrant, regardless of the alien’s criminal history. DHS requested cooperation with Virginia and Spanberger to deport Jalloh following his alleged involvement in the fatal stabbing.
“We are calling on Virginia Governor Abigail Spanberger and Virginia’s sanctuary politicians to commit to not releasing this murderer and violent career criminal from their jail without notifying ICE,” Deputy Assistant Secretary Lauren Bis said in a statement. “This illegal alien’s murder of an innocent, beautiful American woman came less than 24 hours before Governor Spanberger’s demonization of ICE law enforcement. This heinous criminal is a perfect example of why we need cooperation from sanctuary jurisdictions and the importance of third country removals for the safety of the American people.”
What the Trump administration has done on the DEI front represents the beginning of a general reorientation of our politics away from wokeness. One need only survey what prominent leaders of the Left are saying about the political price the Democratic Party has paid on that score. What they are saying indicates a large political change, even if the Dems prove incapable of unmooring themselves from woke politics for the near future.
The first sign of this reorientation is a general shift in the popular mindset: the spell of woke politics has broken. This matters because it was always the way in which woke politics commanded assent in the citizens’ hearts and minds that was crucial. That assent has been questioned or denied now in a broad way, with the backing of public authority (Supreme Court decisions, executive orders, agency directives), and with widespread public support. Wokeness’s public hectoring, punitiveness, and censoriousness, and the extremism of many of its positions on the issues, is unpopular at the level of 70–30 or 80–20 opinion poll divides.
We ought to be confident, therefore, that the broken spell of wokeness augurs a permanent shift in our public life. What that means precisely, however, depends very much on how we understand wokeness and what is done going forward to ensure that woke excess does not return. Now, if, as many say, wokeness was the product of cultural Marxism (Christopher Rufo and a host of followers) or postmodernism (Jordan Peterson and another host of followers), then all that needs to be done is to combat bad ideas. On these interpretations, our universities in particular, and other cultural institutions where the influence of such ideas holds sway, need our attention. Certainly, cultural Marxism and postmodernism represent bad ideas, and the world would be a better place without their influence.
But if what wokeness represents above all is the explosive power of the civil rights revolution and the influence of an aggressive leftist interpretation of anti-discrimination politics, as another band of interpreters claims (I among them), then the task ahead is much bigger and much more difficult.
Trump’s anti-DEI measures, on this view, would represent only the first step in a broader campaign of civil rights reform. One could look long and hard without seeing much in the way of evidence for any such thing so far. Are these current efforts against DEI an illusion, a brief moment of political opportunism that will recede as public hatred of wokeness recedes—only to return in a few years when the next wave of anti-discriminatory passion rises up?
I don’t think that worry is justified. The anti-DEI campaign to date will have enduring consequences because even if it is not yet clear that what is at stake in DEI is civil rights politics, the current reorientation can only have the effect of raising our awareness of the role of anti-discrimination in our public life. This has begun on the all-important moral plane of civil rights politics. Precisely by breaking the spell of its puritanical commands, our anti-woke moment is reworking something essential to civil rights politics. Because public morality is the crucial filter of the human mind, a shift at this level will change what we see, what we think, and what we think we can say. Anti-woke sentiment, backed by changes in the law, is providing a moment of political, cultural, and mental freedom that will necessarily lead, after many decades during which this was not possible, to a general reappraisal of the moral power and the meaning of the civil rights revolution.
Sources have identified the alleged gunman as 53-year-old Ndiaga Diagne to Nexstar’s KXAN and The Associated Press…
Diagne is originally from Senegal, according to multiple people briefed on the investigation. One of the people told the AP that Diagne came to the U.S. in 2006 and was a naturalized U.S. citizen…
Austin mass killer captured on video wearing ‘Property of Allah’ hoodie during rampage.
“Dallas Democrats Decide To Let DA Creuzot Go. With no Republican in the race, Democrat primary winner Amber Givens will become Dallas County’s next district attorney.” Creuzot was yet another Soros-backed DA, so maybe Dallas Democrats are ever so slowly moving back to sanity.
I’m just going to embed this Asmongold clip of Bill Clinton’s Jeffrey Epstein deposition without comment.
President Trump announced Thursday that Senator Markwayne Mullin (R., Okla.) will replace Kristi Noem as Homeland Security Secretary.
The announcement comes after Noem struggled to stand up to a public grilling by members of the Senate Judiciary Committee who pressed the former South Dakota governor on Tuesday about a $220 million ad campaign contract that was subcontracted to one of her longtime allies. Trump was furious at Noem for insisting during the hearing that he had personally approved the contract and began floating Mullin’s name as a potential replacement, National Review first reported early Thursday.
Mullin will replace Noem effective March 31. It’s unclear whether Trump plans to nominate Mullin to serve in the position permanently or whether he will serve in an acting capacity, sparing him the necessity of Senate confirmation.
“I am pleased to announce that the Highly Respected United States Senator from the Great State of Oklahoma, Markwayne Mullin, will become the United States Secretary of Homeland Security (DHS), effective March 31, 2026,” Trump wrote on Truth Social. “The current Secretary, Kristi Noem, who has served us well, and has had numerous and spectacular results (especially on the Border!), will be moving to be Special Envoy for The Shield of the Americas, our new Security Initiative in the Western Hemisphere we are announcing on Saturday in Doral, Florida. I thank Kristi for her service at ‘Homeland.’”
Already under significant scrutiny due to bipartisan criticism of her handling of Trump’s deportation agenda, Noem ran into further trouble this week during a series of hearings in which multiple lawmakers, most notably Republican Senator John Kennedy of Louisiana, asked her to explain why the agency had awarded a $220 million contract to a firm that was founded just days before, without ever opening up the bid to a competitive process. Kennedy also pointed out that part of that ad campaign was subcontracted to a strategy firm owned by Ben Yoho, the husband of former DHS spokeswoman Tricia McLaughlin.
A $220 million no-bid ad contract isn’t just wasteful, it’s actively criminal.
More defeats for the gambling lobby: “Two House Chairs Defeated by Challengers. State Reps. Cecil Bell and Stan Kitzman were ousted by Kristen Plaisance and Dennis Geesaman respectively.”
Plaisance ran on a platform of fiscal responsibility, securing Texas’ elections, and defending state sovereignty.
Bell’s campaign and allied groups—including the Las Vegas Sands–backed casino lobby and Texans for Lawsuit Reform—reportedly spent more than $1 million attempting to defend the incumbent.
Bell, who chairs the Intergovernmental Affairs Committee, had been censured by the Montgomery County Republican Party last year.
Incumbent State Rep. Stan Kitzman of Brookshire has been defeated by Dennis “Goose” Geesaman for the GOP nomination for House District 85. Kitzman served as chair of one of the House’s subcommittees on appropriations.
Geesaman, a pilot and Air Force Academy graduate, retired as a Lt. Colonel. He served five terms on the Flatonia City Council and later served as mayor.
While Texans for Lawsuit Reform and casino-funded PACs backed Kitzman’s reelection campaign, Geesaman ran on a platform of ending magnets for illegal immigration, DOGE-ing Texas, and supporting parental rights.
Kitzman also recently came under investigation for his paid work for a local governmental entity while serving in the Legislature.
Kitzman also voted to impeach Paxton, so I think we’re well rid of both of them.
The war against tranny madness continues. “Paxton Opinion Targets Therapists Behind Child ‘Psychological Transitioning.’ Psychiatric providers who help facilitate prohibited treatments may be barred from receiving public funds and could risk losing their licenses.”
Samsung Electronics America Inc. is one of five companies that have been accused by Attorney General Ken Paxton of collecting and monetizing consumers’ viewing data on smart TVs.
Following the agreement, Samsung will now make changes to not only halt the collection of viewing data without consent, but also update their TVs to include disclosures and consent screens.
Heard from some state agency people that this was coming: “Texas Dismantles DEI-Oriented HUB Network. The comptroller’s office has ended race- and sex-based preferences in state contracting.” Good.
“Former Warren Campaign Worker Says the U.S. Must Be ‘Abolished’ to Atone for Death of Ayatollah Khamenei…Calla Walsh, the communist activist who campaigned for Elizabeth Warren, Ed Markey, Bernie Sanders, and others, said the only way to exact “justice” is the complete deconstruction of the U.S. and Israel.” What percentage of the ideological core of the Democrat Party are actively communist?
One thing that reportedly helped kill Netflix’s acquisition of Warner Brothers: GOP congressmen visiting Netflix headquarters and discovering tampons in the men’s room.
Microsoft seems to be going from bad to worse: “Microsoft Copilot to hijack your browser… for your own convenience, embeds Edge into AI assistant, ignores questions about opt-in.”
Microsoft is rolling out a Copilot update to Windows Insiders that embeds web browsing directly into the assistant, opening links in a side panel rather than launching your default browser.
The plan is that users of the Copilot app in Windows will show content in the assistant’s window “so you don’t lose context.”
Copilot will also (with permission) have access to the context of tabs opened in that conversation, so the assistant can look across them when responding to user prompts. Opened tabs will be saved with the conversation so that they can be returned to, and, if a user chooses to enable it, passwords and form data can be synchronized.
Enabling password and form data synchronization might give some users pause for thought, particularly after the Windows Recall fiasco, but users worried about Redmond slurping data should probably consider an alternative to Windows anyway.
At first glance, it looks like embedding Edge into Copilot via the WebView2 control is an attempt to steer the user away from their default browser. Convenient, yes. Good for competition, possibly not. We asked Microsoft whether this would be an opt-in experience and which browser was being used, but, other than acknowledging receipt of our questions, the company did not respond.
It looks like this is going to be limited to corporate users for now, but launching web links without user control strikes me as a huge attack vector for malicious code. (Previously.)
New Zealand “Lesbian Navy Captain Faces Court Martial After $100M Ship Ran Aground, Caught Fire, Sank.” Since that happened all the way back in 2024, they’re certainly not rushing to justice…
Apple has some new computers out, so here’s M5 Pro vs. M5 Max benchmarks. My trailing edge consumer ass is still on an Intel-based MacBook Pro…
“Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job.” Seems like there should be a happy medium between those two extremes…
A bunch of AI-related news has popped up this week, so let’s do a roundup.
Some AI companies are complaining that TSMC is killing the AI boom by not expanding rapidly enough:
Asianometry notes that TSMC’s caution at expanding is amply justified by the boom-and-bust nature of the semiconductor industry:
“I’m hearing many similar views in the Silicon Valley Borg that TSMC is the break or limiter on the AI boom, as if they’re the reason why we don’t have AGI yet. Because they didn’t and still don’t believe.”
“If we can ever say that a company that spent $41 billion on capital expenditure in 2025, with another $53 to $56 billion in 2026 planned, is sitting on its hands, doing nothing.”
“TSMC having 90% share of the AI chip market looks pretty unhealthy. That should go down and it will. Samsung seems to be doing well so far.”
“The cold, hard reality is that shortages are a fact of life in semiconductors, as are horrific gluts.”
“What we are flippantly labeling as TSMC we really mean is the AI supply chain. And that supply chain is as complicated as you can possibly imagine. Like an iceberg, it looks big enough on the surface of the water, but goes way far deeper underneath. TSMC has thousands of suppliers in two categories: Equipment like the famed ASML lithography tools and materials like photoresist, silicon wafers, acid etch gases and so on. These are not generalized tools and materials. They are not fungeible like AWS compute units.”
“And then there are the memory guys. You cannot ship an AI system without memory. DRAM and NAND. Nvidia’s AI chips use a special form of DRAM called high bandwidth memory, and they use quite a lot of it. The memory industry is just as consolidated as the logic industry, with the major players being Samsung, SK Hynix and Micron.”
“The chip guys are last to know when the party is getting started, but first they get batoned in the face when the police shut things down.”
He points out that semiconductor manufacturers have log supply chains. He uses a different metaphor (the beer distribution game, or a bullwhip), but back when I was working at Applied Materials, it was described as trains linked together with slinkys. First software takes off, then hardware gets yanked along, then the chip manufacturers get yanked, and then, finally, semiconductor equipment manufacturers get yanked into motion, and shortly after that happens, the bust hits the front of the train, and the trailing cars all crash into each other. It’s a regular boom/bust cycle.
“From 1961 to 2006, electronics consumption in the United States grew positively but with wild volatility swings between 0 to 20%. But for the semiconductor makers, that translates to swings anywhere from 20% to 40%. And for the equipment makers, it is amplified even more, plus or minus 60%. The whip hits particularly hard in the semiconductor industry because of the industry’s long lead times. It takes 4.5 months to fabricate and package a chip. It takes 18 months to 2 years to build a fab. Meaning from shovels down to producing chips, and it takes 12 to 18 months to produce and install something like an EUV machine into the fab. Another 6 months before that machine actually starts patterning wafers.”
“Long lead times mean having to make very long demand forecasts, which leads to extreme volatility swings during up and downturns even if those up or downturns are relatively small.” People forget that in 1998, during the time we now think of as the DotCom Boom, there was a small semiconductor downturn that had Applied Materials forcing employees to take unpaid leave.
“ASML just reported 2025 earnings, and we see the bullwhip in full effect. TSMC raised capital expenditure 35% but ASML announced €13.2 billion of net new bookings. Analysts had expected just €6.32 billion. This is because ASML collected orders not just from TSMC, but also Samsung, Intel and the memory guys. When it rains it pours, right? Again, this is why I fear that another AI foundry would not mean our compute shortage is solved, because ultimately, when those foundries start scaling their capacity, they all go to the same suppliers.”
He goes over how car manufacturers cancelled orders during Flu Manchu, and then scrambled when the economy took off afterwards. “TSMC was trying to discern between double booked orders and real demand, which is not an uncommon experience for them. Customers lie about their own demand all the time, or at least we can say that they are eternally optimistic. TSMC tried to respond in 2022. The Taiwanese giant poured $36 billion into capital expenditure. They went to their suppliers and pushed like no tomorrow.”
“It turned out those customers really were double booking orders and artificially inflating demand. When the macro environment turned in 2022, the automotive, smartphone, and PC chips that were so hot during the COVID era fell out of vogue and customers started cutting orders.”
“Meanwhile, deeper down in the supply chain, TSMC and the rest of the semiconductor industry were getting bullwhipped by COVID hangover. Utilization at TSMC’s multi-billion dollar N7 fabs crashed, Semi analysis wrote in April 2023. Now, Semi analysis data indicates that the 7nm utilization rates were below 70% in Q1. Furthermore, Q2 gets even worse with 7nm utilization rates falling to below 60%. This is primarily due to weakness in both smartphones and PCs, but there is a broader weakness in most segments. A fab’s break even utilization rates are about 60% to 70%. So those N7 Taichung fabs were taking financial losses potentially on the order of hundreds of millions, maybe even billions. The financial burdens of low utilization are another reason why I’m skeptical another AI foundry could have rushed into the AI chip fray to save the day.”
He says that Intel incurred losses during this period due to an unnecessary fab expansion, which is probably true, but that was a secondary factor next to their longer running problem of getting their process wrong.
“ChatGPT was released in November 2022, and that kicked off a massive increase in capex amongst the hyperscalers in particular, but it sure seems like TSMC didn’t buy the hype. That lack of increased investment earlier this decade is why there is a shortage today and is why TSMC has been a de facto break on the AI buildout/bubble.”
“I recall news in mid 2024 of TSMC struggling with CoWoS capacity bottlenecks and yield problems, including one design issue that caused cracks in the Nvidia chips packaging.” CoWoS is Chip on Wafer on Substrate, which involves fabbing an interposer as a substrate for faster connections between your processing chips and memory.
“I also recall news in late 2024 noting how the vendors in charge of making the server racks for Nvidia’s Blackwell servers struggled with overheating, liquid cooling leaks, software bugs, and connectivity issues. Such technical difficulties delayed server deployment until early to mid 2025, creating a weird situation for several months where TSMC was pumping out chips that just went into storage. So that gated things, because you don’t scale until you first fix the technical problems.”
Then there’s the power-scaling issue, which is a whole ‘nuther can of worms.
There’s a lot of talk about a SaaSpocalypse going on thanks to a new AI tool. (SaaS is “Software as a Service.” Instead of hosting your own payroll or sales-tracking or whatever servers, you hire a company that already has cloud software setup to do it and you just tie into that, which can considerably reduce startup costs. A whole lot of successful new tech companies over the last decade plus have been SaaS companies.)
The software sector was jolted overnight with what analysts are calling a “SaaSpocalypse” — a sudden and severe selloff triggered by new artificial intelligence tools unveiled by US AI startup Anthropic. The episode has sharpened investor fears that AI is no longer merely helping software companies but may now begin replacing them.
Anthropic has expanded its enterprise AI platform, Claude Cowork, by launching 11 new plugins aimed at automating a wide range of professional tasks. Claude Cowork is an agentic, no-code AI assistant built for corporate users, allowing companies to automate workflows without writing software. The new plugins are designed to handle tasks across legal, sales, marketing and data analysis functions. The most recent addition is Anthropic’s Claude Legal agent, which can perform routine legal work such as document and contract review, and compliance checks.
Anthropic has said that the tool does not provide legal advice and that all AI-generated outputs must be reviewed by licensed attorneys. Even so, the breadth of automation signals a step change in how much white-collar work AI systems can now perform.
Productivity — Manage tasks, calendars, daily workflows, and personal context
Enterprise search — Find information across your company’s tools and docs
Plugin Create/Customize — Create and customize new plugins from scratch
Sales — Research prospects, prep deals, and follow your sales process
Finance — Analyze financials, build models, and track key metrics
Data — Query, visualize, and interpret datasets
Legal — Review documents, flag risks, and track compliance
Marketing — Draft content, plan campaigns, and manage launches
Customer support — Triage issues, draft responses, and surface solutions
Product management — Write specs, prioritize roadmaps, and track progress
Biology research — Search literature, analyze results, and plan experiments
A lot of those are already automated elsewhere, but I suspect a lot accountants and paralegals just felt a goose strut across their grave. On the other hand, who is really going to turn over, say, Accounts Payable to an AI? One glitch, and your entire bank account is drained…
If it works (a big if, give so many AIs are prone to hallucinations), this is potentially good news for Anthropic and the companies using their tools, and bad for SaaS companies and the employees currently doing those jobs.
I note there’s no plugin for technical writing…yet.
And Google Cloud ended 2025 at an annual run rate of over $70 billion, representing a wide breadth of customers, driven by demand for AI products.
We’re seeing our AI investments and infrastructure drive revenue and growth across the board. To meet customer demand and capitalize on the growing opportunities we have ahead of us, our 2026 CapEx investments are anticipated to be in the range of $175 to $185 billion.”
Remember how Nvidia was going to invest $100 billion in OpenAI? Yeah, not so much.
In September 2025, Nvidia and OpenAI announced a letter of intent for Nvidia to invest up to $100 billion in OpenAI’s AI infrastructure. At the time, the companies said they expected to finalize details “in the coming weeks.” Five months later, no deal has closed, Nvidia’s CEO now says the $100 billion figure was “never a commitment,” and Reuters reports that OpenAI has been quietly seeking alternatives to Nvidia chips since last year.
Reuters also wrote that OpenAI is unsatisfied with the speed of some Nvidia chips for inference tasks, citing eight sources familiar with the matter. Inference is the process by which a trained AI model generates responses to user queries. According to the report, the issue became apparent in OpenAI’s Codex, an AI code-generation tool. OpenAI staff reportedly attributed some of Codex’s performance limitations to Nvidia’s GPU-based hardware.
After the Reuters story published and Nvidia’s stock price took a dive, Nvidia and OpenAI have tried to smooth things over publicly. OpenAI CEO Sam Altman posted on X: “We love working with NVIDIA and they make the best AI chips in the world. We hope to be a gigantic customer for a very long time. I don’t get where all this insanity is coming from.”
Microsoft’s Copilot chatbot has become central to its artificial-intelligence strategy as the company’s close partnership with OpenAI diminishes. But the effort to build it up as a ChatGPT alternative has been tough going.
Confusing brand positioning and interoperability problems have frustrated users, current and former employees who have worked on Microsoft’s AI products said.
Interoperability problems? With a Microsoft product?
Only a small proportion of subscribers to Microsoft’s enterprise suite use Copilot, and the percentage who favor it over Google’s Gemini or other tools has decreased in recent months, according to data reviewed by the Journal.
The stakes are high for Microsoft because Copilot is core to a push by Chief Executive Satya Nadella to transform Microsoft into an AI-first company, much as he transformed it into a cloud-first company around a decade ago. Copilot is one of Nadella’s top priorities, current and former executives said.
Microsoft shares tumbled after its earnings report last week sparked investor concern that growth in its most important unit, the Azure cloud-computing business, is slowing, and that its AI business is reliant on OpenAI while Copilot remains unproven. Shares fell nearly 3% Tuesday amid a slide in software stocks prompted by fresh concerns that AI tools will make enterprise subscriptions less necessary.
For other AI companies, we merely suspect they’re evil. For Microsoft (and Google), we already know they’re evil…
Communist China is always looking to steal technology from the West through its “Thousand Talents” espionage program, and this week brought two more instances from Texas.
Federal officials say a Houston-based smuggling ring funneled some of the world’s most advanced artificial intelligence technology to China, marking one of the largest known violations of U.S. export-control laws in recent years.
The case, outlined in a release from the U.S. Attorney’s Office for the Southern District of Texas, centers on Hao Global LLC and its owner, 43-year-old Missouri City resident Alan Hao Hsu.
According to prosecutors, Hsu and a network of partners moved tens of thousands of restricted Nvidia H100 and H200 GPUs out of the country between late 2024 and early 2025. These are the same high-end chips that drive large-scale AI development, from national security research to sophisticated military systems.
Hsu pleaded guilty earlier this fall after admitting he knowingly exported or attempted to export more than 160 million dollars’ worth of controlled GPUs to the People’s Republic of China, Hong Kong, and other destinations where federal law bars their shipment.
According to investigators, the group disguised the nature of the products, falsified shipping records, and routed more than 50 million dollars in wire transfers originating from China to finance the operation. Hsu is the first person ever charged and convicted in an AI diversion case.
Court documents describe mislabeled cargo, falsified customer identities, and a steady flow of high-value chips moved through U.S. warehouses before being pushed overseas. Prosecutors say the conspirators relied on a network of intermediaries to hide the ultimate destination of the technology, which the U.S. considers critical to maintaining its strategic advantage in artificial intelligence.
While Hsu pleaded guilty, the case did not end with him. Two others now face federal charges: 43-year-old Fanyue “Tom” Gong, a Chinese national living in New York, and 58-year-old Canadian citizen Benlin Yuan of Mississauga, Ontario. Both men were arrested in recent weeks.
Gong, who owns a New York tech company, is accused of using straw purchasers and overseas partners to obtain GPUs, strip their Nvidia labels, rebrand them with a fake company name, and ship them overseas as generic computer parts. Prosecutors say he coordinated with employees at a Hong Kong logistics firm and a China-based AI company to move the technology into restricted jurisdictions.
Yuan, meanwhile, allegedly helped organize teams to inspect mislabeled shipments and coached associates on how to provide false information to federal agents. Court filings indicate he discussed fabricating a cover story after authorities detained some of the hardware. He also faces accusations that he assisted with handling and storing additional restricted GPU shipments tied to the same Hong Kong firm.
Hsu faces up to 10 years in federal prison at his sentencing in February. Gong could receive up to 10 years if convicted, while Yuan faces as many as 20 years on conspiracy charges. Hsu remains free on bond. Gong and Yuan are being held pending further proceedings.
Federal officials framed the case as a direct threat to national security.
U.S. Attorney Nicholas Ganjei said the smuggling network undermined the country’s technological edge at a time when AI capability is tightly linked to military strength. Ganjei noted, “These chips are the building blocks of AI superiority and are integral to modern military applications. The country that controls these chips will control AI technology; the country that controls AI technology will control the future. The Southern District of Texas will aggressively prosecute anyone who attempts to compromise America’s technological edge.”
Eh, the “country that controls these chips will control AI technology” is an overstatement. Nvidia’s Tensor Cores are highly efficient at performing matrix operations, but they’re not magic. There’s no calculation they do you can’t perform on a CPU or GPU, albeit it more slowly and at a much higher cost per watt.
The second case of Chinese espionage comes from Texas A&M:
Texas A&M’s associate head of graduate studies of chemistry resigned and returned to his homeland to work at a Chinese government-funded laboratory. A research security specialist called this a security failure on the university’s part.
In October 2025, Yongjiang Laboratory in Ningbo, China, announced that Dr. Lei Fang had taken a leadership position at the lab. Up to that time, he had worked at Texas A&M since 2013 before resigning this spring.
Research security specialist Allen Phelps of IPTalons identified Yongjiang as a Chinese government-funded nonprofit, and part of China’s network of state-backed labs. The U.S. Office of the Director of National Intelligence identified China as a national security threat in its 2025 Annual Threat Assessment.
“From the day I set foot outside the country, I knew I was coming back,” Dr. Fang said, according to a Google translation of the Yongjiang press release. Born in 1983 in Poyang, China, Dr. Fang’s loyalty to his homeland appears to have never left his mind. Despite studying and working in multiple American universities since 2006, Phelps’ research showed Dr. Fang “extensively traveled” to China to attend conferences and give lectures between 2014 to 2020.
In a report he provided to Texas Scorecard, Phelps’ analysis of open source information found a “clear, documented pattern of foreign engagement” that he believes should have alarmed Texas A&M because of his work while employed by them.
For example, Phelps reported that Dr. Fang licensed a Texas A&M-owned U.S. patent to Ningbo Kunpeng Environmental Sci-Tech Co., Ltd., a company Dr. Fang co-founded in 2017. Phelps called this a “stunning conflict of interest.” He added that “this not only raises questions about the proprietary nature of the research but also about whether his primary commitment was to the American taxpayer who funded the underlying science, or to his foreign commercial and academic partners.”
Beyond just Texas A&M, there are national security concerns. “Dr. Fang was not just a professor; he was a recipient of prestigious, sensitive federal grants … that were active up to or beyond his 2025 departure,” Phelps wrote the report.
Dr. Fang was a panelist at the National Defense Science and Engineering Graduate Fellowship in 2016 and 2017, and was a technical reviewer for American research proposals. Phelps wrote this gave Dr. Fang “privileged, non-public access to the cutting-edge research” of competing scientists in America. Phelps wrote that Dr. Fang took this “sensitive information” back with him to help run Yongjiang Lab.
Phelps also noted Dr. Fang’s public resume showed that during the same time he received U.S. federal funding, he had a “Flexible Joint Visiting Professor” position with Nanchang Hangkong University’s Key Laboratory of Jiangxi Province—a Chinese lab known to engage in national defense research.
Dr. Fang joining Yongjiang is another red flag. Phelps reported this lab seems to serve as a central hub for Chinese talent recruitment programs. Such efforts have long been part of China’s infiltration operation of American universities. A February 2020 report from the U.S. House Foreign Affairs Committee sounded the alarm on China’s talent recruitment efforts as a means “to supercharge Chinese innovation at U.S. taxpayers’ expense.”
At this point, we should ban Chinese nationals from holding any position at any U.S. research university, laboratory or institute that takes federal money. China will always demand their citizens steal from the west if put into a position to do so.
Having been out of work for a while, people ask me if I’ve been displaced by AI. My reply is “Not directly.” Indirectly, I think the factor is that just about all venture capital funds are throwing money at AI-related companies, meaning non-AI startups that might need technical writers aren’t being funded.
Having lived through the dotcom bust, I have to wonder how bad the fallout from the AI bubble bursting is going to be. The dotcom bubble wasn’t all beenz and pets.com…
…and it fueled a whole lot of subsidiary bubbles: PC and server manufacturers to run the software, Microsoft to run the PCs, semiconductor manufacturers to provide chips for the PCs and servers, semiconductor equipment manufacturers to build those same chips, network gear providers to connect the data centers, etc. And that only scratches the surface. Cisco, Dell, Compaq, Netscape, Yahoo, AOL, Oracle, Sun, HP, Intel, AMD, Applied Materials (where I worked 1997-2001), LAM Research, KLA-Tencor, all had huge growth spurts during the dotcom era as their customers spent big money to get “on the web.” Even dinosaurs like IBM, Motorola and DEC enjoyed business boosts from the era. All suffered in the wake of the dotcom bust, some being bought up or disappearing into other companies.
The same is true of today’s multi-trillion dollar AI boom. Companies like OpenAI may get the most ink, but a whole lot of other companies are getting boosted as well. Some of the names are even the same as the dotcom bubble: Microsoft, Oracle, AMD. Applied Material stock has gone through the roof now that I don’t own any. Cisco is just getting back to the level of their record stock highs during the dotcom era.
Data centers are supposedly planned or going up all around the country, and so many are buying Nvidia’s AI chips that they now boast a breathtaking $4.88 trillion market cap.
Someone is supposedly going to build a $165 billion data center in New Mexico near El Paso. That number is kind of insane, as you could build 5-10 cutting edge fabs for that kind of money. I don’t see how you get any sort of ROI on such a big upfront investment.
When the AI bubble busts (not if, when), a whole lot of these projects will likely come a cropper. A lot of people will have made a lot of money, AI will probably revolutionize a few industries and prove mostly hype in others, and retail investors and bondholders will be left holding the bag. Like the doctom bust, a lot of new companies will rise from the wreckage and start the cycle all over again.
And companies that can best take advantage of idle data centers and newly abundant nuclear power (assuming the boom even lasts that long) will be the ones poised to help build the next tech boom…
A shocking budget surplus, the most boring phrase in politics makes a comeback, Trump tours Texas, Paxton slams a scammer, Soros backs the commie, more corruption from Democrats in New York and California, and Stellantis does what it does best: Ruins everything it touches. Plus a bit about Jeffrey Epstein.
I am sure that Donald Trump and Treasury Secretary Scott Bessent don’t want to say “I told you so,” but…
Yes, according to CNBC the United States just posted some big economic dubs, with the budget hitting a surplus thanks to the tariffs that – one day, I am constantly assured – will tank the economy.
The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday.
With government red ink swelling throughout the year, last month saw a surplus of just over $27 billion, following a $316 billion deficit in May.
I just created a tag for “surplus”…
Back in the dim mists of time, someone at National Review noted that “Enhanced Rescission Authority” was possibly the most boring phrase in the English language. Boring or not, it’s now helping Trump cut the deficit.
Vice President JD Vance cast two decisive tie-breaking votes in the Senate on Tuesday to advance a $9.4 billion spending rescissions package backed by President Donald Trump. The measure, which would claw back federal funding from a range of programs, including the US Agency for International Development (USAID) and public broadcasters NPR and PBS, is now headed into a marathon floor debate.
The Senate twice deadlocked at 50-50 on procedural votes to begin debate on the controversial bill. In both instances, Vance stepped in to break the tie and push the measure forward. The rescissions package, approved by the House of Representatives last month, would eliminate approximately $8.3 billion from USAID and $1.1 billion from the Corporation for Public Broadcasting (CPB).
Amid the destruction and mourning in Kerrville after the flooding disaster last week, President Donald Trump held a press conference with a number of Texas elected officials where they provided updates on ongoing recovery efforts.
“Well, this a tough one,” Trump somberly stated at the beginning of the press conference. “It’s hard to believe the devastation.”
“I’ve never seen anything like this.”
First Lady Melania Trump also spoke about the stories she has heard from families impacted by the floods.
“We are grieving with you. Our nation is grieving with you.”
Ahead of the Trump press conference, Gov. Greg Abbott announced that the federal government has updated the Presidential Disaster Declaration to include additional Texas counties eligible for the Federal Emergency Management Agency (FEMA) Individual Assistance program.
“We remain committed,” Abbott said during the roundtable, “we’re here for the long run.”
“We will maintain our operations to find everybody that we can, as well as ensure that we build this community from Hunt to Camp Mystic to Kerrville, to down below. We are committed for the long run, not just to rebuild, but to rebuild in a better way.”
At least 160 people remain missing since the floods. Abbott stated during a press conference earlier this week that 109 have been confirmed dead.
“Attorney General Paxton Demands Alleged Texas Flood Fundraising Scam Cease Operations. “In the wake of devastating floods across Central Texas on July 4, a plethora of fundraisers were launched in order to assist affected victims, volunteers, and first responders — one of which Paxton accuses of scamming Texans. Addressed to Tray Coppola, organizer of a GoFundMe marketed as supporting Kerrville flood victims, the letter from the Office of the Attorney General formally demands that he maintain and preserve all records for legal purposes.” Coppola responded to the accusations by screaming racism…
“Illegal From Weed Farm Where Minor Girls Worked Had Convictions for Attempted Rape, Child Molestation.” There’s no illegal alien scumbag whose crimes are too heinous for social justice Democrats hearts to bleed for.
Pay to play, California style: “Corporate Donors Gave Big to a Newsom Family Charity. Then the California Governor Took Their Side on State Issues.”
California Gov. Gavin Newsom doesn’t typically get involved in disputes between rival Native American tribes. That changed last year, when Newsom used his office to try to block a small tribe from opening a casino in Northern California.
In August 2024, Newsom’s office sent a letter on his behalf to the Biden Interior Department urging it to reject a $700 million proposed casino project north of San Francisco by the Koi Nation, a tribe with fewer than 100 members. But the Biden administration approved the project anyway, so in May, Newsom sued the Trump administration in a last ditch effort to block the Koi Nation’s casino. Should Newsom get his way, it would be a major win for the Federated Indians of Graton Rancheria, a major California political donor which operates its own gambling compound just 15 miles away from its rival’s proposed site, which broke ground on a $1 billion expansion in 2023.
A little-known California government disclosure database may shed light on why Newsom took Graton Rancheria’s side in the high-stakes dispute.
In April 2024, a few months before Newsom sent his letter to the Biden Interior Department, the Democratic governor requested Graton Rancheria to contribute $500,000 to his wife’s charity, the California Partners Project. And in April 2025, one month before Newsom filed his lawsuit against the Trump administration, he again asked Graton Rancheria to contribute another $500,000 to his wife’s charity. The tribe cut those checks specifically at Newsom’s request, according to California’s “behested payments” database, which discloses whenever state elected officials request others to make donations on their behalf.
Waste and fraud, New York Governor Grannykiller style: “Governor Andrew Cuomo, before he was unceremoniously forced out of office, convinced state lawmakers to shell out over $100 million to purchase decorative LED lights to enhance the beauty of some of New York’s most iconic bridges…At least $108 million was spent on Cuomo’s “Harbor of Lights” project, which was supposed to install specialty LED lighting on several New York State bridges. The project was pitched as a way to boost tourism, but the lights ended up sitting unused in a warehouse for more than seven years until they were recently auctioned off for less than half a percent of the project’s overall cost.” Plus they paid millions to store them. (Hat tip: Instapundit.)
In response to an open records request, the Harris County Housing & Community Development department revealed that it spent $2,071,676.21 in 2024 paying for legal services for illegal aliens.
The services are also available for illegal aliens with criminal records.
Harris County first spent $2,000,000 launching a program called the Immigrant Legal Services Fund (ILSF) in 2020 and has been making payments to the fund since then.
ILSF provides free legal representation in Harris County for people facing deportation from Houston-area detention centers.
Where is the enumerated statute that authorizes Harris County to spend money for illegal alien legal services?
Legal eagle Alan Dershowitz claims that the Trump administration isn’t hiding the names of the alleged pedophiles associated with Epstein; two judges are.
The Wall Street Journal reporter who broke the “blockbuster” story alleging a letter Trump wrote to Epstein for his 50th birthday included some tawdry elements previously worked for Main Justice (his only prior reporting experience listed in his bio).
Main Justice was Glenn Simpson’s wife’s publication. Simpson founded Fusion GPS, which was paid by Hillary Clinton/the DNC (through Perkins Coie) to produce the Steele Dossier at the center of the Russian hoax against Trump.
As the Democrats’ policies grew progressively more anti-American, the gang of hacks, DEI hires, and grifters that once proudly styled itself as the Party of Jefferson and Jackson did everything it could to make people think pointing out that increasingly obvious fact was both ridiculous and offensive. And so, ever fewer people have dared to do so, even as it became even more obvious that hating America and having a taste for Marxism went with being a Democrat like arrogance and self-righteousness went with being Barack Obama.
Now, however, it’s impossible to deny. The best and the brightest among young Democrats are all avowed socialists. The party would have chosen a socialist, Bernie Sanders, as its candidate for president in 2016 and likely also in 2020 if party top dogs hadn’t stepped in and arranged for the candidacy of someone who was at least outwardly more mainstream.
All the while, Democrats insisted their socialism was nothing to be worried about, but was of an extremely cuddly variety. One of the foremost among the party’s up-and-coming new socialists, Rep. Alexandria Ocasio-Cortez (D-Swizzle Stick), maintains that what she has in mind isn’t the bad old socialism of the Soviet Union, Communist China, Pol Pot’s Democratic Kampuchea and the rest, but a type involving more unicorns and moonbeams. “So when millennials talk about concepts like democratic socialism,” she explained, “we’re not talking about these kinds of ‘Red Scare’ bogeyman.” Yeah, tell all the victims of Stalin and Mao that it was just a “scare.” Those hysterical right-wingers were having the vapors over nothing.
Ocasio-Cortez continued, “We’re talking about countries and systems that already exist, that have already been proven to be successful in the modern world. We’re talking about single-payer health care that has already been successful in many different models, from Finland to Canada to the UK.” Great, but none of those countries are actually socialist. Foreign Policy pointed out in 2021 that “Nordic countries are often used internationally to prove that socialism works. It’s true that social democratic parties are enjoying success in this part of the world.” However, it’s not the kind of success that AOC would want to encourage: “Today, the Nordic social democrats have adopted stricter immigration policies, tightened eligibility requirements for welfare benefit systems, taken a tougher stance on crime, and carried out business-friendly policies.”
The brand of socialism that is getting more popular among U.S. Democrats is nothing like that. Instead, we have Zohran Mamdani, who will likely be the next mayor of New York, and has called for “seizing the means of production,” as well as transforming “housing from a private commodity to a public one.” And now there’s Omar Fateh, a candidate for mayor of Minneapolis, who also wants state-owned housing, along with wage rates set by the state. That’s not cuddly Scandinavian socialism. That’s Marxism. Do we have to have actual gulags on American soil to know where it leads?
The Communists are clearly the future of the Democrat Party. Arrayed against their spectre are the party top dogs, not because they’re against their ideology, but because they want to continue the illusion that their party still champions American values. There are still some rubes out there who can be fooled on this point.
Is Mamdani getting money from George Soros? Of course he is.
But in less than a decade, Soros’ ultra-woke grant-making network Open Society Foundation has indirectly funneled a combined $37 million to the Working Families Party and at least other nine left-wing groups whose endorsements and get-out-the-vote groundwork played a pivotal role in helping Mamdani upset ex-Gov. Andrew Cuomo in the Democratic mayoral primary, the foundation’s records show.
Since 2016, the far-left, socialist-friendly WFP — which helped score Mandani the Democratic line by brokering cross-endorsement deals that squeezed out Cuomo — has pocketed a staggering $23.7 million from Soros through its nonprofit fundraising arm Working Families Organization Inc.
And at least another $13,944,005 went to the nine nonprofits and their offshoot fundraising entities — including the Make The Road Action ($3,515,00), and social justice nonprofits Community Voices Heard ($2,635,000) and Move On ($2.3 million), and the anti-Zionist group Jewish Voice for Peace Acton ($650,000), according to records.
Russia will face severe sanctions and tariffs if the country does not sign a ceasefire deal to end the war with Ukraine in 50 days, a White House official confirmed to National Review. President Donald Trump made the announcement in the Oval Office Monday.
“We’re going to be doing very severe tariffs if we don’t have a deal in 50 days,” he said.
The U.S. will impose secondary tariffs on the country at 100 percent, he said. The secondary tariffs would place monetary sanctions on countries that trade with Russia.
The president made the announcement during a meeting with Mark Rutte, secretary-general of the North Atlantic Treaty Organization. Rutte has been coordinating European efforts to send more weapons to Ukraine to defend itself against Russian invasion. Under the arrangement, NATO would buy American weapons and pass them on to Kyiv. The president said the U.S. will send billions of dollars worth of weapons to Ukraine through NATO allies in this way.
“We are going to be sending them weapons, and they’re going to be paying for them,” Trump said.
Ukraine will get massive numbers of missiles, air defense systems, and ammunition through the deal, according to Rutte, who said Russian President Vladimir Putin should reconsider peace negotiations.
Undernews: “US Has Launched Over 50 Airstrikes In Somalia In 2025 But Virtually No MSM Coverage…AFRICOM said that the strikes targeted the ISIS affiliate in Somalia’s northeastern Puntland region, to the southeast of the port city of Bossaso.” The group is al-Shabaab, which is also affiliated with
Winning: “Trump Announces Trade Deal With Indonesia, Opening Entire Market to U.S.”
This morning I finalized an important Deal with the Republic of Indonesia after speaking with their Highly Respected President Prabowo Subianto. This landmark Deal opens up Indonesia’s ENTIRE MARKET to the United States for the first time in History. As part of the Agreement, Indonesia has committed to purchasing $15 Billion Dollars in U.S. Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777’s. For the first time ever, our Ranchers, Farmers, and Fishermen will have Complete and Total Access to the Indonesian Market of over 280 million people. In addition, Indonesia will pay the United States a 19% Tariff on all Goods they export to us, while U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE. If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff that Indonesia is paying. Thank you to the People of Indonesia for your friendship and commitment to balancing our Trade Deficit. We will keep DELIVERING for the American People, and the People of Indonesia!
“DOJ Fires Former FBI Director’s Daughter, Prosecutor Who Worked on Epstein, Diddy Cases. The U.S. Department of Justice has fired Maurene Comey, the daughter of former FBI director James Comey and a Manhattan federal prosecutor.”
Good news, everyone! “Department of Justice to Continue Bribery Case Against Congressman Henry Cuellar.” Despite the indictment, Cuellar managed to win reelection over Republican Myra Flores for the Texas 28th Congressional District in 2024. Flores is already raising money for a rematch.
56-year-old Adermis Wilson-Gonzalez, was arrested on June 29 by ICE. He was convicted of hijacking an airplane 22 years ago; the plane he attacked was reportedly flying from Cuba to Key West, Florida.
Among the convictions received by the four illegal aliens from Mexico — Arnulfo Olivares Cervantes, Luis Pablo Vasquez-Estolano, Jose Meza, and Javier Escobar Gonzalez — were offenses for homicide, possession of various illegal substances, sexual assault of a minor, driving while intoxicated, attempted murder, burglary, and unauthorized use of a firearm.
Interesting: “Almost 200 Texas Public School Districts Adopt Four-Day Week.”
In 2015, Kelly Sue DeConnick was praised for “saving comic books.” Instead, she almost killed them. No points for guessing her political agenda…
Steve Miller cancels concert tour due to “climate change.” So no more big old jet airliners for him, and he won’t keep rockin you, baby…
“Memorabilia dealer found dead after alleged $350 million counterfeit confession on Facebook. Brett Lemieux, 45 of Westfield, Ind., was the founder of noted sports memorabilia site MisterManCave, which he claimed sold more than four million counterfeit items.” Caveat emptor. (Hat tip: Dwight.)
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.
