Posts Tagged ‘Sergey Brin’

LinkSwarm For May 1, 2026

Friday, May 1st, 2026

Iran is beyond broke, more Trump assassination repercussions, FBI finally raids some fraudsters, racial carve-out congressional districts are unconstitutional, Russia loses more ships and planes, Cornyn amnesty pander unearthed, an oil theft ring busted, DEI earns some college pink slips, and a brand spanking new Microsoft Zero Day exploit.

It’s the Friday LinkSwarm!

  • Remember that today is Victims of Communism Day.

  • Iran’s economy is toast.

    The Wall Street Journal offers a deep dive into the state of Iran’s wartime economy. And it turns out that the mullahs are, effectively, broke:

    Government revenue has dried up just as the needs of its population are rising.

    The war has thrown around one million people out of work directly and another million indirectly, according to early estimates cited by Gholamhossein Mohammadi, an official at Iran’s Labor and Social-Affairs ministry. That is a significant portion of the roughly 25 million people who are normally employed in Iran.

    The cost of living has soared, with the annual inflation rate reaching 67 percent in the month through mid-April from the same period a year earlier, according to Iran’s central bank. The subsidized price of red meat, which was mostly imported through sea routes, has gone up to the equivalent of around $3.60 a pound, beyond the reach of most in a country where the minimum wage is around $130 a month.

    “Living is not affordable anymore,” said Mahdi Ghodsi of the Vienna Institute for International Economic Studies. “Iran is at its weakest point.”

    Businesses across the country — from manufacturers to retailers — are closing, residents said. The lack of steel and other raw materials is hampering production in various industries. Electronic goods, which are mostly imported, are in short supply and expensive.

    A 67 percent inflation rate? The worst we’ve experienced in recent memory was 9.1 percent in June 2022.

    Snip.

    “Iran’s rial weakened on Wednesday, with the dollar trading at around 1.8 million rials, according to market trackers. The rate reflects continued pressure on the local currency amid economic strains.” Back at the start of January, this newsletter informed you, “When Ruhollah Khomeini swept to power in 1979, one US dollar traded for 70 rials. Today, that same dollar commands a staggering 1,130,000 rials, more than 16,000-fold its price in 1979. In the last year alone, the rial has lost 50 percent of its value.” The Iran rial was the weakest currency in the world . . . back when one dollar could buy you 1.3 million rials.

    Plus the specter of hunger riots.

  • Our ridiculous media referred to the attempted Trump assassination as a “security incident” or “loud noise.”
  • The left is made up of horrible people. “Meet the teachers who decided to voice their displeasure that Trump wasn’t murdered over the weekend.”
  • The latest Trump assassination attempt and the left’s hate machine.

    The security establishment has promised and made better security arrangements after the two prior attempts on Trump’s life in 2024 in Butler, Pa., and West Palm Beach, Fla., the assassination of Charlie Kirk at an open-air Utah college campus in 2025, or the wounding of congressman practicing baseball at a suburban Washington field all the way back 2017.

    Those events – along with the BLM riots in summer 2020, the Antifa attacks on immigration agents, the execution of the United Health Care CEO and the attempted assassination of Justice Brett Kavanaugh near his personal home – have something more in common than just the exploitation of current security postures.

    They all, according to publicly released evidence, involved perpetrators influenced by a vast left-wing machinery that bombards social media, community protests and even establishment television with an unrelenting message of hatred and intolerance that can dehumanize the targets of violence and motivate armed actors to action, experts said.

    That machinery ranges from nonprofits like the Southern Poverty Law Center, which actually paid racist actors in the name of fighting extremism, to the organizers of the No Kings protests who unleashed hundreds of thousands of old and young protesters onto the streets on the false notion that America has somehow become a monarchy under Trump.

    In between, elitists and teachers have infused the nation with claims that America’s history is racist and unrighteous and that young Americans are predestined to fates determined as oppressors or the oppressed based on their skin color. And well-funded nonprofits consorting with America’s enemies in China and Cuba are openly fomenting a color revolution in hopes of securing a Marxist future on U.S. soil.

    Allen appears to have been influenced by some of that ideology, as well as Democrats’ incessant but unfounded claims that Trump was involved in the late Jeffrey Epstein’s sex trafficking.

    The manifesto police said Allen wrote suggested he was “no longer willing to permit a pedophile, rapist, and traitor to coat my hands with his crimes,” and that he subscribed to the Marxist paradigm of critical race theory that divides people into oppressors and the oppressed.

  • Who funded American Nazis and the KKK? You did, through USAID.

    (Hat tip: Instapundit.)

  • Finally: “FBI and DHS Raid Dozens of Minnesota Fraudsters, Including ‘Quality Learing Center.'”

    Federal officers are conducting raids of suspected fraudsters in Minneapolis on Tuesday, including the most infamous Somali-linked false front, the “Quality Learing Center.”

    The FBI and the Department of Homeland Security’s Homeland Security Investigations (HSI) are targeting more than 20 locations in their latest operation against the massive Minnesota fraud network, according to Fox News correspondent Bill Melugin, who said that he spoke with the Department of Justice (DOJ), the FBI’s parent agency. The size and scope of the Minnesota fraud scandal, which is heavily linked to the Somali community there, but also implicates multiple Democrat politicians, including Gov. Tim Walz, Attorney General Keith Ellison, and Rep. Ilhan Omar, continues to astound patriotic Americans.

    Melugin posted on X April 28, “Sources tell FOX the locations are largely Somali linked businesses, including the infamous ‘Quality Learning Center’. I’m told these are court approved search warrants being served and they are tied to fraud, not immigration enforcement. Fox is told 22 search warrants were executed in Minnesota this morning.”

    He also shared a statement from a DOJ spokesperson: “Today the FBI with federal, state and local law enforcement is involved in court-authorized law enforcement activity as part of an ongoing fraud investigation.”

    While investigating apparent false fronts for taxpayer-funded daycares in Minnesota, journalist Nick Shirley found one that had even misspelled “learning” in its own name on its sign, calling the place a “Quality Learing Center.” Tikki Brown, the commissioner of Minnesota’s Department of Children, Youth, and Families, then asserted that the childcare facility in question closed down the previous week, explaining why Shirley didn’t see any children there. But on Dec. 29, the same location was “packed with kids.” Apparently, some fraudster panicked and summoned children to provide a veneer of legitimacy. It’s The Truman Show in real life.

    (Hat tip: Stephen Green at Instapundit.)

  • Teacher’s unions are a huge funder of leftwing causes.

    A new pair of reports is shedding fresh light on how teachers unions across the country have quietly poured more than $1 billion into political causes over the past decade, with a top education watchdog warning the spending reflects a growing focus on activism rather than classroom priorities.

    According to research from Defending Education, national teachers unions alone have directed roughly $669 million toward left-wing political groups, advocacy organizations and campaigns since 2015. When state and local affiliates are included, that figure balloons to more than $1 billion in total political spending.

    The reports track spending from the two largest unions, the National Education Association (NEA) and the American Federation of Teachers (AFT), as well as their state-level affiliates, using federal filings and campaign finance records.

  • The Supreme Court strikes down racial gerrymandering.

    The Supreme Court just handed down one of the most consequential redistricting decisions in a generation — and Democrats are not going to like it one bit.

    In a 6-3 ruling in Louisiana v. Callais, the majority held that Louisiana’s congressional map — redrawn to include a second majority-black district — constitutes an unconstitutional racial gerrymander under the Fifteenth Amendment. The Court stopped short of striking down Section 2 of the Voting Rights Act entirely, but it dramatically narrowed the ways in which states may use race when drawing congressional maps.

    For Republicans eyeing the House in 2026, this is the kind of ruling that changes the math.

    I’m sure I don’t have to tell you which justices dissented.

    The ruling’s immediate implications are huge. As we’ve previously reported, Republicans could potentially pick up anywhere from 12 to 19 new House seats across the South, as states seize the opportunity to redraw maps that were previously constrained by Section 2 requirements.

    (Hat tip: Charlie Martin at Instapundit.)

  • “Southern Poverty Law Center donors include George Soros, JPMorgan, George Clooney — as nonprofit ‘funneled’ millions to hate group.”

    The Southern Poverty Law Center (SPLC) has been funded by big name businesses and philanthropists including George Soros, JPMorgan, ex-Apple CEO Tim Cook and George Clooney.

    The group — indicted Tuesday for allegedly funneling millions to the hate groups it says it is ideologically against — also holds over $786 million in assets, yet still solicits donations.

    In fact, it took in $106 million in donated cash 2024, according to its latest available financial disclosures, yet still ran “urgent” appeals for “emergency” cash.

    Over the years, donations have been made by big name donors, many of whom pledged to the organization after clashes at a 2017 by “Unite the Right” white supremacist rally in Virginia, which resulted in the death of one protester.

  • Tuapse hammered again. “Ukraine seems to hammer this every day now.”
  • Huge Strike on Russian Command Post: Nine Officers Eliminated. Another FSB Also Hit.” In Luhansk.
  • “Ukraine Advances 15km And Liberates Ternove Near Dnipro.”
  • Three Russian Ships & MiG-31 Hit By FP-2 Drones in Crimea.”
  • Iskander Storage Hit by FP-2 Drones in Crimea.” Not clear they penetrated the bunkers.
  • “Ukraine Hits Shadow Fleet Tanker Marquise with Marine Drones.” “The vessel was hit about 210 kilometers southeast of Tuapse, Russia” in the Black Sea.”
  • “A Su-57 stealth aircraft was destroyed by drones at Chelyabinsk, confirmed by satellite imagery with Ukraine reporting two destroyed and a Su-34.” This is some 1,600km away from Ukraine.
  • “After Al-Qaeda in Mali (JNIM) [Jama’at Nasr al-Islam wal Muslimin] & FLA [Azawad Liberation Front] took the city yesterday, the Russian Africa Corps & Malian soldiers fled to a military base outside town where they got surrounded…The Russians negotiated an exit from the [base] and fled. But the agreement didn’t include the Marian soldiers who were left behind. So, Russia once again abandoning its supposed allies as soon as the going gets tough.” Mali rebels also shot down a Russian helicopter.
  • Speaking of Mali: “Defense minister killed in united al-Qaeda and ISIS jihad attack, country on verge of collapse.”

    Mali was on the brink of collapse last year as al-Qaeda affiliate Jama’at Nusrat al-Islam wal-Muslimin (JNIM) unleashed attacks on the country. Then came a report that Jihad Watch covered yesterday about renewed attacks that injured 16 people, as efforts to create an Islamic state in Mali escalated. The new siege rapidly spiraled into much worse, with JNIM, ISIS and Northern rebels coordinating attacks. Mali’s defense minister was killed.

    I’m guessing the ISIS here is the Islamic State in the Greater Sahara.

    Mali’s military government, which Gen. Assimi Goïta leads, broke ties with France in 2021-2022 and hired the Russian Wagner Group (known as the Africa Corps) to fight the rebels.

    Technically, Wagner Group and Africa Corps are different Russian mercenary groups, though I’m sure a lot of soldiers for the former ended up in the latter.

    The siege also served as “a major blow to Russia as the mercenaries had no intelligence about the attacks and were unable to protect major cities.”

    Mali now faces an existential threat, which Kurdistan24 News characterized as “a profound failure for Mali’s Russian-backed military junta, signalling severe regional instability.”

    Governments in the Sahel have never been the most stable, but the Russian-backed coups there have made things measurably worse.

  • Dispatch from the Texas Senate Runoff: “Cornyn Touted Legalization for Illegal Aliens in 2020 Campaign Ad.”

    A resurfaced 2020 campaign ad shows U.S. Sen. John Cornyn promoting his support for the “legalization of Dreamers”—a message that has since been removed from his YouTube channel.

    In the Spanish-language ad, a narrator proclaims that, while Cornyn supports secure borders, he “firmly supports legalization of Dreamers.”

    The video, which was previously available on his official YouTube channel, was quickly removed after circulation on social media.

    Created by executive action under President Barack Obama in 2012, the Deferred Action for Childhood Arrivals (DACA) program allows certain individuals brought to the United States illegally as children, known as “Dreamers,” to remain in the country and shields them from deportation.

    The program was challenged by President Donald Trump and Attorney General Ken Paxton, who argued it was unconstitutional. The U.S. Supreme Court ultimately blocked the Trump administration’s attempt to end the program in a 5–4 ruling.

    The messaging aligns with comments Cornyn made on the Senate floor in 2020 regarding recipients of the Deferred Action for Childhood Arrivals program following that Supreme Court ruling.

    “DACA recipients must have a permanent legislative solution. They deserve nothing less,” Cornyn said at the time. “We need to take action and pass legislation that will unequivocally allow these young men and women to stay in the only home, in the only country, they’ve known.”

    Cornyn also described the uncertainty surrounding their status as “terrifying” and said many recipients have built careers and families in the United States.

    “These young people deserve better,” he added.

    The senator further noted he had been working with advocacy groups and stakeholders—including the Texas Hispanic Chambers of Commerce, LULAC, and Catholic bishops—to find a long-term solution.

    Cornyn has long been known as a squish on amnesty, but no Republican should be seeking the approval of the hard-left LULAC.

  • “Former Fauci Adviser Indicted for Allegedly Concealing Covid-Related Records.”

    David Morens, 78, worked under Fauci while he served as director of the National Institute of Allergy and Infectious Diseases. The DOJ charged Morens with conspiracy against the United States; destruction, alteration, or falsification of records in federal investigations; concealment, removal, or mutilation of records; and aiding and abetting. The case is being prosecuted by the U.S. Attorney’s Office for the District of Maryland.

    Morens, along with two unnamed co-conspirators, “concealed, removed, destroyed and caused the concealment, and removal of federal records to evade FOIA [Freedom of Information Act] and FRA [Federal Records Act],” according to the indictment.

    During his time at NIH, which ran from 2006 to 2022, Morens used his personal email account to conduct government business, specifically discussing the origins of Covid-19 with Manhattan-based nonprofit EcoHealth Alliance president Peter Daszak. Morens deleted said emails after sending them.

    He also spoke with NIH’s FOIA liaison, asking for tips on how to evade FOIA requests.

    Sure acts like he’s guilty, doesn’t he?

  • “Despite state law, we’re secretly keeping DEI.” College: “All right, then, enjoy this pink slip.”
  • “Poll: Trump’s approval rating among Catholics INCREASED after his scuffle with Pope Leo.”
  • “Overwhelming Opposition in Spain to Giving Amnesty to 500,000 Illegal Immigrants.”
  • This war goes to 11.
  • More rank Biden Admin dishonesty: “Biden SBA hid $90 million in loans to Planned Parenthood by calling them ‘Benghazi’ in emails.”
  • The UAE leaves OPEC.
  • Fourteen Indicted for Alleged Texas-New Mexico Permian Basin Oilfield Theft.”

    Fourteen defendants from Texas and New Mexico were federally indicted for large-scale oil theft in the Permian Basin.

    The United States Attorney’s Office for the Northern District of Texas announced on April 22 that the 14 conspirators were indicted for the alleged transport and theft of crude oil across the Texas-New Mexico border.

    The criminal activity allegedly took place in the Permian Basin, which is responsible for nearly 40 percent of all oil production in the U.S.

    Snip.

    The Texas defendants are Randell Wayne Reid, age 41, of Electra; his father, James Darrell Reid, 65, also of Electra; and Christopher Frederick Harris, 22, of Seminole. Randell Reid and James Reid are both owners of Reidco Enterprises, a Texas-based company.

    The defendants allegedly conspired to steal crude oil from the Permian Basin, “some of which was then stored on land that one of the conspirators leased from the United States government,” according to the U.S. Attorney’s Office. Stolen crude oil was then sold to the other conspirators well below the market value set by West Texas Intermediate (WTI) pricing. WTI is used as a benchmark to set crude oil prices in the region.

    The indictment of Randell and James Reid restates these claims, adding that the men conspired to trade oil across the state borders.

  • Spirit Airlines to cease operations tomorrow, thanks in part to Elizabeth Warren blocking a merger with JetBlue.
  • Sony will lock the games you’ve already paid for if you don’t log into the Internet every 30 days. (Update: Now Sony claims you only have to log in once.)
  • Another day, another another Microsoft zero day exploit, this one called BlueHammer.

    Not quite.

    The zero-day flaw combines a time-of-check to time-of-use (TOCTOU) race condition and path confusion in Windows Defender’s signature update system, according to an advisory from the Retail & Hospitality-Information Sharing and Analysis Center (RH-ISAC). If exploited successfully, a local user can access the Security Account Manager (SAM) database, obtain password hashes, and eventually gain administrator rights using the pass-the-hash technique, which would give the attacker full system control.

    Local user rather than remote, so that mitigates the potential attacker pool. (Hat tip: Borepatch.)

  • Louis Rossmann, call your office. “Conroe residents say city is stonewalling their requests for information on Flock Safety cameras.”

    People in Conroe are asking city officials for answers about how Flock cameras are being used and where the collected information ends up.

    Residents say they feel like they are not getting straight answers.

    Residents are working to learn how these cameras operate and, on Thursday, spoke to ABC13 about their demands for city officials to be more transparent, as they feel their questions are being ignored.

    “Everybody in the community wants to feel safe. Everyone agrees this could help with kidnappings and hit-and-runs. To me, I just haven’t seen the data that proves that,” said concerned citizen, James Fletes.

    Officials have said in the past that Flock cameras read license plates and alert police if the plates are linked to any crimes.

    This technology has been used in the greater Houston area for years. In Conroe, some people say they are worried about the number of cameras and the lack of information about them.

    Fletes says this concern led him to file a public records request with the city of Conroe. He asked questions such as how many cameras there are, how they work, where the data goes, and who can access it.

    He says the city told him it would cost $1,200 to release the information, so he and others in the community joined forces to cover the cost.

    “This is no longer just my request. It’s the people of Conroe’s request. They funded it, and we’re tired of being stonewalled,” said Fletes.

    The original request was sent in March. Now, it’s almost May, and he says no information has been released yet.

    “They were quick to take the money and very slow to provide the documents,” said Fletes.

    There seems to be a whole lot suspicious about the ways cities have surreptitiously rolled out AI-enabled cameras and hoped people wouldn’t notice. (Hat tip: TPPF.)

  • Google co-founder Sergey Brin rejects California’s billionaires tax and is drifting towards the Republicans. “I fled socialism with my family in 1979 and know the devastating, oppressive society it created in the Soviet Union. I don’t want California to end up in the same place.”
  • Part 2 of that Robert Rodriguez interview with Quintin Tarantino.
  • “Media Still Stumped As To Motive Of Gunman With Manifesto Titled ‘Why I’m Going To Kill Donald J. Trump.'”
  • “‘This Is A Both Sides Issue,’ Says Side That Shot President Trump, Assassinated Charlie Kirk, Tried To Assassinate Kavanaugh, Tried To Shoot Trump Again, Shot Steve Scalise, Firebombed Governor Shapiro, Tried To Shoot Trump A Third Time, (cont’d).”
  • “After Failed Assassination, Democrats Observe Customary 5-Minute Pause On Calling Trump ‘Hitler.'”
  • “In Blow To Democrats, SCOTUS Rules They Have To Stop Being Racist.”
  • “SPLC Says Funding KKK Only 3% Of What They Do.”
  • Vegan Crossfitter Cyclist Unsure What To Tell You About First.”
  • I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.





    California’s Wealth Streams For The Exits

    Tuesday, February 10th, 2026

    Like fans of a football team that’s already out of the game in the first half, people and corporate entities in tax-and-regulation crazy California have decided to head for the exits while the getting is good.

  • Add Facebook/meta head Mark Zuckerberg to the list of billionaires fleeing ahead of enactment of the state’s wealth tax.

    Once again, the pattern is familiar: raise taxes in California, and watch the private jets head east.

    Mark Zuckerberg may soon be adding Miami to his ever-growing list of luxury addresses. According to people familiar with his plans, the Meta founder and his wife, Priscilla Chan, are exploring a home on Indian Creek Island—an ultra-exclusive, heavily guarded neighborhood often called “Billionaire Bunker”, according to Bloomberg.

    The tiny island is already packed with famous residents, including Jeff Bezos, Tom Brady, Jared Kushner, and Ivanka Trump.

    With an estimated fortune north of $200 billion, Zuckerberg already owns multiple properties across California, Hawaii, Washington, D.C., and near Lake Tahoe. It’s not clear whether Florida would replace any of those homes or just become another stop on his real estate tour.

    But the timing is telling. Bloomberg writes that California is considering a new wealth tax aimed at billionaires, including taxes on unrealized gains. The proposal has rattled investors and helped push several tech leaders out of the state. When Democratic policies start biting, it seems many billionaires suddenly “fall in love” with Florida.

    Chamath Palihapitiya wrote on X: “With Zuck’s move to Florida, California’s total taxable wealth from billionaires has plummeted to well under $1T from over $2T just a few weeks ago. The loss of this tax revenue was totally avoidable but is now forever. All because Gavin Newsom stood motionless as this stupidly written bill, from a fringe union and a handful of socialist academics with an axe to grind, meandered its way into the public conversation without any action from him and freaked everyone out.”

    “These were all people that were paying 13%+ in state income tax every year WITH NO COMPLAINTS UNTIL A FEW WEEKS AGO. And now, for the rest of time, the lost tax revenues from these folks will have to be paid for by the middle class because they are the only group left in California large enough that you can tax to fill the hole.”

  • Zuckerbot isn’t the only one leaving.

    The most expensive condo sale in the Las Vegas area closed in early January for $21 million. If the sale of the 5,000-square-foot penthouse about 15 miles from the Las Vegas Strip had closed just a little more than a week earlier, it potentially could have saved the buyer a few hundred million dollars.

    “He was looking for a while, and at the last minute, there was a little bit of a hiccup,” real estate agent Ivan Sher told Business Insider of the sale. “He was actually even under contract significantly before then.”

    That “he” is billionaire Don Hankey, the chairman of Hankey Group and a lifelong Californian worth a reported $8.2 billion.

    Hankey is one of a handful of Californians who have decided leave the state due to the proposed Billionaire Tax Act — a bill that would subject California residents worth more than $1 billion to a one-time tax worth 5% of their assets. For someone like Hankey, that’s about $410 million.

    “I just felt a little bit like I wasn’t wanted,” Hankey told Forbes of why he chose to leave California.

    Sher, who repped Hankey’s $21 million penthouse sale on both sides as the founder of real estate agency IS Luxury, said that while Las Vegas’ luxury market was already heating up, the news out of California kicked it into a higher gear.

    “If people were to ask me what percentage of my buyers were from California, I’d say probably about 25%, and then for the first few years after COVID, that number was closer to 80%,” Sher said. “As soon as that billionaire tax was proposed, the exodus began again — but at a much higher level.”

    The Las Vegas metropolitan area had about 331 millionaire households in 2019, according to RentCafe data. In 2023, that number jumped 166% to 879 households.

    Natalia Harris has been selling ultra-luxury real estate in the Las Vegas area for the last five years. In that time, she said the definition of “ultra-luxury” has changed in the Silver State.

    “Back then, a home that was $10 million was ‘Wow’ for Vegas — that was at the top of the price point,” Harris told Business Insider. “Now we have three new listings that we just brought to market last week that are all between $11 million and $20 million.”

    Zain Aziz, the founder of technology firm Atom and one of Harris’ high-net-worth clients, moved to the Las Vegas suburb of Henderson, Nevada, in 2025. He said leaving the high taxes and hectic lifestyle of Silicon Valley behind was bittersweet.

    “You don’t really want to get punished if you do good and you create more jobs,” Aziz said. “I believe the Las Vegas Valley has become more and more what’s synonymous with what California used to be — which was free-spirited and ‘Come and achieve the impossible,'” he added.

    Aziz isn’t the only one taking his assets elsewhere. Google cofounder Sergey Brin recently spent $42 million on a Lake Tahoe home on the Nevada side, according to Bloomberg. Larry Page, Google’s other cofounder, found a tax haven on the East Coast, buying two properties totaling about $173 million in South Florida.

    Billionaire Larry Ellison, who owns homes across the country and the world, bought a handful of properties in Lake Tahoe near the California-Nevada border. He also recently sold his San Francisco home for $45 million in the largest sale in the area in 2025, according to the San Francisco Standard.

  • But California doesn’t just want to suck the wealth out of residents, it drains the wallets of people who just work there briefly. Like Super Bowl quarterbacks.

    Yesterday, the Seattle Seahawks beat the New England Patriots in Super Bowl LX at Levi’s Stadium in Santa Clara, California.

    From a financial perspective, each Seahawks player will take home $178,000—payment for that particular game.

    Now, given that the Superbowl was played in California—and the players earned money playing in the game— it’s reasonable for the state of California to tax that specific income.

    Disagree. Sounds like taxation without representation to me.

    But that’s not the way California looks at it.

    Instead, the state will go back in time, all the way to the start of the NFL season in September, and take their ‘fair share’ of the players’ ENTIRE salaries over the entire season.

    Sam Darnold just WON the Super Bowl…and LOST $71k because it was in California…

    This is what’s known as the state’s “jock tax,” in which they tax non-resident professional athletes based on the number of “duty days” they spend in the state—traveling, practicing, attending meetings, or playing in a game.

    Both teams arrived in California last Sunday, so each player will log at least eight duty days in the state just for the Super Bowl.

    They then divide those California duty days over the entire season, and you end up with a percentage. If a player spends, say, 7% of his duty days in California over the season, then the state claims the right to tax 7% of his entire annual salary— at California’s top marginal rate of 13.3%!

    This is pretty crazy given that the players only earned $178,000 for that game.

    But in the case of Seattle quarterback Sam Darnold, he’ll end up owing Gavin Newsom roughly $249,000 in state taxes this year.

    In other words, Sam Darnold will LOSE over $70,000.

  • It’s not just people leaving California. The insane regulatory environment has refineries shutting down.

    California’s already sky-high gas prices are expected to surge after Valero abruptly shuttered its Benicia refinery amid a spiraling “oil crisis,” a new report claims.

    The Benicia refinery began shutting down on Saturday, four months earlier than planned, a former Valero manager told the California Globe Tuesday.

    Thermal imaging showed the facility went cold as the Crimson Pipeline – which transports crude oil from Southern to Northern California – was also taken offline.

    “We are in an unprecedented oil crisis,” oil expert Mike Ariza told the publication.

    Valero Energy Corp. announced its plans last spring to pull the plug on its 145,000-barrel-per-day refinery by April, a move that is expected to send fuel prices skyrocketing and hobble the state’s refining capacity.

    Refineries are fleeing the Golden State as regulations drive operating costs 26 to 37% higher than the national average. Chevron moved its operations from the Bay Area to Texas, while Phillips 66 powered down its 140,000-barrel-per-day Los Angeles refinery in October.

    Ariza warned that as refineries go dark, more Californians will also skip town, noting that the oil and gas industry supports 536,770 jobs and pumps $338 billion into the state’s economy, the outlet reported.

    He said Valero’s accelerated shutdown comes after the company scrapped its crude oil contracts back in October.

    “Now, Valero is not even seeking to try and sell the refinery,” Ariza told the outlet in December.

    “Even after the state tried to convince Valero to remain open, they elected to shut down. And instead of shutting down in April, they shutdown in January. All due to the state’s egregious regulations and unprecedented unjustified fines.”

  • Democrat-run California never saw a golden goose it didn’t want to kill.