It’s been a week of petty frustrations, with simple things like paying for online transactions made impossible by websites that send out the wrong information despite the right information being on file. Speaking of frustration, Americans continue to be battered by high inflation, blacks continue to abandon Biden, and it turns out that the Pope might, just might, be Catholic after all.
A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading.
Along with the overall inflation measure, economists also look at the core CPI, which excludes volatile food and energy prices, to find the true trend. The supercore gauge, which also excludes shelter and rent costs from its services reading, takes it even a step further. Fed officials say it is useful in the current climate as they see elevated housing inflation as a temporary problem and not as good a measure of underlying prices.
Supercore accelerated to a 4.8% pace year over year in March, the highest in 11 months.
Tom Fitzpatrick, managing director of global market insights at R.J. O’Brien & Associates, said if you take the readings of the last three months and annualize them, you’re looking at a supercore inflation rate of more than 8%, far from the Federal Reserve’s 2% goal.
According to a Wall Street Journal Swing State Poll, blacks, especially black males are abandoning Biden in huge numbers.
While most Black men said they intend to support Biden, some 30% of them in the poll said they were either definitely or probably going to vote for the former Republican president. There isn’t comparable WSJ swing-state polling from 2020, but Trump received votes from 12% of Black men nationwide that year, as recorded by AP VoteCast, a large poll of the electorate.
That’s an 18 percentage point swing, minimum, for black males, if the national results and the swing state voting is similar.
By confirmed, I mean those who said they intended to vote for Trump.
The gap is even larger if we factor in undecided voters. Biden is down by a massive 30 percentage points vs 2020.
Good: A teacher helping her son with homework. Bad: A teacher helping her son force female students into sex trafficking. “Klein Cain High School cosmetology teacher Kedria McMath Grigsby is accused of helping her son, Roger Magee, force the troubled teens into prostitution.”
Investigative science writer Paul Homewood last year discovered considerable tampering in 2022 with the recent CET record. He initially found that in version one, the summer of 1995 had been 0.1°C warmer than 2018. In version 2, the two years swapped places with 1995 cooled by 0.07°C and 2018 warmed by 0.13°C. Alerted to these changes, Homewood then analysed the full record from version 1 to 2, and the graph below shows what he found.
As can be seen, the adjustments up to 1970 are small with ups and downs offsetting each other. Homewood then found that the years from 1970 to 2003 had been cooled markedly, followed by significant rises to 2022. Homewood concludes that “unfortunately it is part of a much wider tampering with temperature globally – and the tampering is always one way, cooling the past and heating the present”. Given that we now know that the Met Office has been using class 4 statistics for two thirds of its database since 2006, the recent higher adjustments would seem to call for clarifying explanations from the state-funded Met Office.
Lt. Gov. Dan Patrick has announced his interim charges for the Senate, a set of 57 issues he is calling on Senate Committees to investigate and research ahead of the legislative session next year.
The list of charges runs the gamut of issues conservatives have called on the legislature to address, including property tax relief, protecting Texas land from hostile foreign ownership, and strengthening laws preventing electioneering by school districts and other political subdivisions.
Some of the biggest reform proposals, however, have been reserved for higher education.
Patrick has asked the Higher Education Subcommittee to study and make recommendations regarding the role of ‘faculty senates’, antisemitism on college campuses, as well as to review the implementation of a new state law banning DEI (Diversity, Equity, and Inclusion) in state universities that went into effect earlier this year.
“The Senate’s work to study the list of charges will begin in the coming weeks and months. Following completion of hearings, committees will submit reports with their specific findings and policy recommendations before December 1, 2024,” said Patrick.
When you think Houston Democratic Congresswoman Shelia Jackson Lee has already said the stupidest thing she possibly can, she goes out and proves you wrong.
Thanks to New York City’s idiotic rent control laws, not only would a hotel guest refuse to pay rent or leave, but a court actually ruled that he was the owner of the hotel.
First class stamps are going up to 73 cents. Thanks, Joe Biden.
If the commies running Vietnam accuse someone of a crime, I don’t automatically trust them, but Truong My Lan may actually be guilty.
Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country’s largest banks over a period of 11 years.
It’s a rare verdict – she is one of very few women in Vietnam to be sentenced to death for a white collar crime.
The decision is a reflection of the dizzying scale of the fraud. Truong My Lan was convicted of taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. The verdict requires her to return $27bn, a sum prosecutors said may never be recovered. Some believe the death penalty is the court’s way of trying to encourage her to return some of the missing billions.
The habitually secretive communist authorities were uncharacteristically forthright about this case, going into minute detail for the media. They said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.
The evidence was in 104 boxes weighing a total of six tonnes. Eighty-five others were tried with Truong My Lan, who denied the charges and can appeal.
All of the defendants were found guilty. Four received life in jail. The rest were given prison terms ranging from 20 years to three years suspended. Truong My Lan’s husband and niece received jail terms of nine and 17 years respectively.
Snip.
By 2011, Truong My Lan was a well-known business figure in Ho Chi Minh City, and she was allowed to arrange the merger of three smaller, cash-strapped banks into a larger entity: Saigon Commercial Bank.
Vietnamese law prohibits any individual from holding more than 5% of the shares in any bank. But prosecutors say that through hundreds of shell companies and people acting as her proxies, Truong My Lan actually owned more than 90% of Saigon Commercial.
They accused her of using that power to appoint her own people as managers, and then ordering them to approve hundreds of loans to the network of shell companies she controlled.
The amounts taken out are staggering. Her loans made up 93% of all the bank’s lending.
According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.
That much cash, even if all of it was in Vietnam’s largest denomination banknotes, would weigh two tonnes.
I've been waiting 29 years to tell this story about OJ and his days at USC. Now that he's dead (may he burn in hell) I have a story that I signed an NDA for that is no longer valid. I was a junior at USC working in Topping Student Center on campus in 1995. I was an administrative…
The Colorado Supreme Court goes full TDS, IDF blows more Hamas tunnels, more unconstitutional gun laws are struck down, and news about two different Francises. It’s the Friday LinkSwarm!
The big news this week is that the Colorado Supreme Court got way, way, way out over their skis by kicking Donald Trump off the 2024 ballot despite him not being convicted of any crimes.
The Colorado supreme court on Tuesday ruled that former president Donald Trump is ineligible to appear on the state’s ballot in the 2024 presidential election.
In a 4–3 ruling, the court held that Trump’s presence on the ballot “would be a wrongful act under the Election Code,” arguing that the former president is disqualified from holding the presidency under Section 3 of the 14th Amendment.
“The Israel Defense Forces (IDF) destroyed a vast network on underground tunnels inside Gaza City this week that belonged to top Hamas terrorist officials. Yahalom Unit Combat Engineering Forces discovered Hamas’ “Elite Quarter” on Wednesday, including “a large network of strategic underground tunnels which connect hideouts, and bureaus belonging to Hamas’ senior military and political leadership,” the IDF said in a statement.”
It blew up real good:
IDF destroyed a Hamas central tunnel system in Gaza city, and the explosion is spectacular. pic.twitter.com/yC3QIggskY
“Oklahoma bans DEI requirements at public colleges and universities, requires cuts to ‘non-critical personnel.’ Oklahoma Governor Kevin Stitt announced the mandate Wednesday, citing a need to spend more money on preparing young Oklahomans for the workforce, and less on ‘six-figure salaries to DEI staff.'” Faster, please. (Hat tip: Instapundit.)
On Wednesday, a federal judge blocked a California law that would have banned the carrying of firearms in many public places, calling the legislation “sweeping, repugnant to the Second Amendment, and openly defiant of the Supreme Court.”
According to Fox News, US District Judge Cormac Carney granted a preliminary injunction blocking the law, adding that it removes people’s ability to defend themselves and their families.
The law was signed into law in September by Democratic Governor Gavin Newsom and was scheduled to go into effect on Jan. 1. The legislation banned people from carrying concealed firearms in places such as public parks, playgrounds, and religious institutions, regardless if they have a concealed weapon carry permit or not.
Chuck Michel, president of the California Rifle and Pistol Association, which sued to block the law, said in a statement, “California progressive politicians refuse to accept the Supreme Court’s mandate from the Bruen case and are trying every creative ploy they can imagine to get around it. The Court saw through the State’s gambit.”
He added that if that law had gone into effect, permit holders “wouldn’t be able to drive across town without passing through a prohibited area and breaking the law.”
Gay has been credibly accused of more than 40 acts of plagiarism during her tenure at Harvard – which the university secretly investigated, threatened journalists over, and ultimately concluded was no big deal – clearing her of breaching Harvard’s “standards for research misconduct.”
The Times, looking at just five examples of Gay’s plagiarism, wrote: “her papers sometimes lift passages verbatim from other scholars and at other times make minor adjustments, like changing the word “adage” to “popular saying” or “Black male children” to “young black athletes.””
One rule for the elite, another for you…
“Investigators Beginning To Suspect Claudine Gay’s Novel ‘Larry Potter And The Sorcerer’s Rock’ May Have Been Plagiarized.”
Returning convicted defense contractor Leonard “Fat Leonard” Francis to U.S. custody as part of the Venezuelan prisoner swap on Wednesday is the latest twist in a decade-long salacious saga and bribery scheme that swept up dozens of American Navy officers.
One of the biggest bribery investigations in U.S. military history led to the conviction and sentencing of nearly two dozen Navy officials, defense contractors and others on various fraud and corruption charges. And it was punctuated by Francis’ daring escape last year, when he fled from house arrest at his San Diego home to South America.
An enigmatic figure who was 6-foot-3 and weighed 350 pounds at one time, Francis owned and operated his family’s ship servicing business, Singapore-based Glenn Defense Marine Asia Ltd. or GDMA, which supplied food, water and fuel to vessels. The Malaysian defense contractor was a key contact for U.S. Navy ships at ports across Asia for more than two decades. During that time he wooed naval officers with Kobe beef, expensive cigars, concert tickets and wild sex parties at luxury hotels from Thailand to the Philippines.
In exchange, the officers, including the first active-duty admiral to be convicted of a federal crime, concealed the scheme in which Francis would overcharge for supplying ships or charge for fake services at ports he controlled in Southeast Asia. The officers passed him classified information and even went so far as redirecting military vessels to ports that were lucrative for his Singapore-based ship servicing company.
In a federal sting, Francis was lured to San Diego on false pretenses and arrested at a hotel in September 2013. He pleaded guilty in 2015, admitting that he had offered more than $500,000 in cash bribes to Navy officials, defense contractors and others. Prosecutors say he bilked the Navy out of at least $35 million. As part of his plea deal, he cooperated with the investigation leading to the Navy convictions. He faced up to 25 years in prison.
While awaiting sentencing, Francis was hospitalized and treated for renal cancer and other medical issues. After leaving the hospital, he was allowed to stay out of jail at a rental home, on house arrest with a GPS ankle monitor and security guards.
An Austin, Texas Democrat politician is demanding police step up their patrols in his neighborhood despite previously voting to defund them.
Yes, in the latest example of ‘Do as I say not as I do,’ Representative Greg Casar now says that he wants more police for at least the next week. It’s unclear why the Congressman wanted the extra police.
The Austin Police Retired Officers Association however did not hold back and called out the Congressman’s sudden change of tone.
“We want everyone in Austin to feel safe, but this seems to us as the height of hypocrisy from the congressman. Maybe he should hire private security like his fellow squad members do. Sure seems like he wants the police in his neighborhood just not yours,” the ROA tweeted out.
Snip. “In 2020, Casar couldn’t hold back how happy he was when he helped the Austin City Council reduce the Austin Police Department’s budget by over $100 million.” (Previously.)
Good: A fat Christmas duck roasting in your oven. Bad: A fat duck roasting in your engine right after takeoff. “Do you need an emergency vehicle?” “We need everything you have.” This was two days ago.
In an NBC News interview yesterday, Cardinal Blase Cupich of Chicago insisted that it was more than acceptable for Pope Francis to refuse to discuss Archbishop Carlo Maria Viganò’s shocking testimony, which implicates a host of Catholic Church leaders — including the pope — in covering up sexual abuse and immorality.
“The pope has a bigger agenda,” Cupich told interviewer Mary Anne Ahern when asked about the pope’s refusal to discuss Viganò’s claims. “He’s got to get on with other things, of talking about the environment and protecting migrants and carrying on the work of the Church.
“What’s a few raped children when we might be able to lower global temperatures a fraction of a degree a century from now?”
“There’s a widespread consensus that at no time in the past 40 years, since Saddam Hussein acquired absolute power and led Iraq into a series of ruinous wars, has Baghdad been as free and as fun as it is now.” (Hat tip: Ann Althouse.)
Remember Russia’s new T-14 Armata tank? They were going to build 2,300 of them. Now? 132. And that number is split between the T-14 and the T-15 heavy infantry fighting vehicle, which shares the same chassis. Which means Russia will have to continue to rely on older T-72 and T-90 tanks as the mainstays of their armored forces for the foreseeable future. By comparison the United States has over 1,500 M1A2s and over 4,000 M1A1s, both of which proved capable of taking out T-72s in the Gulf War. As Stalin once put it, “Quantity has a quality all it’s own.” And the essential brokeness of Russia is why I’m not worried about their costly adventurism in Syria. (Hat tip: Stephen Green at Instapundit.)
John McCain was admired by liberals; that is, when they weren’t calling him a senile plutocrat warmonger.
Humphrey would be the last Democratic presidential nominee to represent the values of Truman and JFK: compassionate big government at home, and resolute anti-Communism abroad. Instead, a new Democratic party was born, one that increasingly reflected the radical views of the Chicago protesters: that America, not Communism, was the real force for evil that needed to be contained and transformed. That Democratic party would nominate George McGovern in its 1972 convention and become a party obsessed with social justice, identity politics, and America’s past sins — essentially the party it is today. Meanwhile mainstream Democratic voters began their flight to the Republican party, “Reagan Democrats” who would enable the GOP to win four of the next five presidential elections and who later became the foot soldiers of the Trump insurgency.
Happy Good Friday! Spring has sprung and I’m knee-deep in my taxes.
The sitcom Roseanne‘s return features the titular character as a Trump supporter and enjoys smash ratings.
French President Emmanuel Macron talks about sending forces to Syria to block Turkey, then almost immediately walks it back, offering to “mediate” between Turkey and the coalition-backed, Kurd-led Syrian Democratic Forces. That’s…interesting.
Headline: “POPE SAYS HELL DOESN’T EXIST!” (tiny print) “According to a 93 year old atheist who has been wrong before, didn’t tape him, and is quoting from memory. And the Pope himself denies it.” Guess I’ll have to cancel that hooker and blow party I was going to throw Easter Sunday, just in case…
When a media source such as Mother Jones or Everytown for Gun Safety implies that “we have a gun problem,” they are making exactly the same reasoning error as if they said, “we have a black people problem.”
And black population was six times more predictive than gun ownership was.
Texas booze lobby defeated in court, paving the way for Sam’s Club, Costco, and other national chains to start selling hard liquor. (Hat tip: Cahnman’s Musings.)
Mozilla launches a “condom” extension to thwart Facebook spying on other sites.
Of all the things to be adopted by the InfoWars right as a bulwark against the radical left, an Austin vegetarian cat café would seem to be among the most unlikely.
Karl Rehn attended the 2018 Rangemaster Tactical Conference and brought back lots of insights on things like engaging active shooters. That’s just the first of four after action reports, and all are worth your time to click through.
In an extensive report from BuzzFeed, cartoonist John Kricfalusi—the creator of iconic Nickelodeon series Ren & Stimpy—has been accused of sexually exploiting teenage girls, promising them careers in animation at his studio Spumco while allegedly grooming them for sexual relationships. One of the women, Robyn Byrd, says it all began in 1994 when she was only 13, after she sent Kricfalusi a video of herself talking about how she wanted a career in animation and how important Ren & Stimpy was to her. Kricfalusi, who was 39 at the time, responded by sending her packages of toys and art supplies, and eventually he helped her set up an AOL account so they could communicate more regularly.
Kricfalusi visited Byrd at her home and told her that she could “become a great artist,” and later he invited her out to Los Angeles, where she says he “touched her genitals through her pajamas” while they were at his house. She was 16. In 1997, Kricfalusi gave Byrd an internship at Spumco; she lived with him during this period, prompting him to allegedly call her “his 16-year-old girlfriend.” Convinced that he was helping her launch the career of her dreams, Byrd moved in with Kricfalusi once she graduated from high school.
Apparently, this was all an open secret in the animation world at the time, partly due to an interview Kricfalusi gave with Howard Stern in which he creepily noted that a “hot chick with big cans and nice legs” he had drawn for a comic book was “underage, too.” People working at Spumco allegedly shrugged off the relationship between Byrd and Kricfalusi, with another former intern noting that Kricfalusi once “left out a drawing he made of Byrd, naked, with a dog ejaculating on her.”
Complain about your insurance being cancelled due to ObamaCare? That’s an audit. For you, your advocate, and your insurance salesman.
Finally, after furiously covering for Obama when it counted, Liberal media tool Politifact is forced to admit that “If you like your health care plan, you can keep it” is the lie of the year.
Oregon spent $300 million on its ObamaCare exchanges only to sign up a grand total of 44 people.
Here’s a chance to vote for the ObamaCare launch as top Fail of 2013.
Time magazine thinks Pope Francis is important because of his “rejection of church dogma.” In other news, the people running Time magazine just aren’t very bright.
