Posts Tagged ‘Warren Buffet’

LinkSwarm For May 9, 2025

Friday, May 9th, 2025

The world’s first American Pope, India and Pakistan trade blows, Israel hits Syria again, Trump’s tariffs bring trade deals, more leftwing waste uncovered, Starbase becomes a real city, and a surprising amount about Disney.

It’s the Friday LinkSwarm!

  • Over two millennium in the making: “Cardinal Robert Prevost Named Pope Leo XIV, First American Pope in History.”

    Cardinal Robert Francis Prevost was elected by the College of Cardinals to succeed the late Pope Francis on Thursday, taking the papal name Pope Leo XIV.

    Prevost, 69, is a native of Chicago. He is the 267th Pope of the Roman Catholic Church and the first American Pope in the Church’s history. A former prefect of the influential Dicastery for Bishops, Pope Leo XIV spent decades as a missionary in Peru. Leading up to the conclave, he was considered a compromise candidate and one of the frontrunners because of his missionary work and Vatican experience.

    French Cardinal Dominique Mamberti, another rumored candidate for the Papacy, announced Pope Leo XIV’s election on the balcony of St. Peter’s Basilica to a roaring crowd. The newly elected Pontiff appeared to be emotional during the blessing he delivered from the balcony as he re-introduced himself to the world. Eagle-eyed observers noticed the Pope wore traditional garments for his introductory remarks, but he broke with custom by initially reading his speech from a piece of paper.

    Pope Leo XIV paid tribute to Pope Francis in his speech while reiterating the Church’s missionary zeal and charitable heart. He also touched on the Resurrection of Jesus Christ and peace in his address.

    “We have to seek together to be a missionary church, a church that builds bridges and dialogue, always ready to accept, like this great piazza, with its arms, we have to show our charity, presence and dialogue with love,” he said.

    Pope Francis elevated Prevost to Bishop of Chiclayo in Peru in 2015 and named him a Cardinal in 2023 after the Church played an important role in maintaining stability in Peru amid political crises. He became prefect of the Dicastery for Bishops in January 2023, making him responsible for the appointment of Bishops, an enormously powerful role within the Church.

    Ordained in 1982, Prevost received an undergraduate degree from Villanova University in 1977 and then obtained a Master of Divinity from the Catholic Theological Union in Chicago. He went off to Rome for degrees in canon law at the Pontifical College of St. Thomas Aquinas before joining the Augustinian mission in Peru in 1985.

    “With today’s election of His Holiness, Pope Leo XIV, I cannot help but reflect on what his Augustinian papacy will mean to our University community and our world. Known for his humility, gentle spirit, prudence and warmth, Pope Leo XIV’s leadership offers an opportunity to reaffirm our commitment to our educational mission,” said Villanova president Rev. Peter Donohue.

    He spent a notable portion of his career at the Augustinian seminary in Trujillo until returning to Chicago in 1999 to oversee the Augustinian province. Prevost later led the Augustinian order for two terms from 2001 to 2013 until he went back to Peru.

    Snip.

    The new Pope’s name, Leo, suggests a spiritual connection to Pope Leo XIII, a 19th century Pope known for his combination of supporting workers rights and opposing communism.

    Let’s hope he keeps up that “opposing communism” tradition…

  • Seeing that Leo XIV is from Chicago, the jokes are already flowing.
  • More union graft off the taxpayer: “Senate DOGE Caucus Leader Uncovers Federal Employees Cashing Taxpayer Checks While Doing Union Work.”

    In fiscal year 2019, the Office of Personnel Management reported that federal employees spent 2.6 million hours on union activities, costing taxpayers $135 million. The Biden administration temporarily halted OPM’s data reporting, but the Trump administration resumed it after a request from Ernst.

    “Through the course of the past 10 years and studying government efficiency and fraud, waste, and abuse, we have uncovered the issue of taxpayer-funded union time. It’s where we see federal employees—and they can legally do this right now—work during their regular workday, and do that as taxpayer-funded dollars going to their paycheck, but they’re not actually working on their duties as a federal employee,” [Sen. Jodi] Enrst said during a panel discussion on government bureaucracy at the The Hill & Valley Forum this week. “What they’re doing is working for their union, maybe to increase their wages or increase their benefits, on the taxpayers’ dime.”

    Ernst also sounded off on “egregious” examples of federal employee misconduct. “Federal employees who were caught, you know, one taking a bubble bath when he was on a Zoom call with other employees—he got ratted out, of course. Those that are on the golf course, we get those all the time,” senator said. Even more shocking cases included a HUD employee who was in prison for driving drunk during work hours, unbeknownst to her supervisor, and a remote worker who ran a full-time business while his mother answered his work emails.

    “Somehow her supervisor did not know she was in jail,” she explained about the HUD employee, adding, “And one of the most egregious was one federal employee that was working remotely that had started his own business, full-time business, and during the work hours, his mother was responding to his emails.”

    Last month, Ernst introduced the Taxpayer-Funded Union Time Transparency Act to revealed just how much federal employee unions are subsidized by tax dollars after the Biden administration paused the public release of the figures. Rep. Scott Franklin (R-FL) introduced companion legislation in the House of Representatives.

  • The graft thickens. “Foreign Aid Official Who Resisted DOGE Took Secret Payments After Steering Africa Money To Friend.”

    A foreign aid official who refused the Department of Government Efficiency (DOGE) access to his agency’s financial records may have had a reason to keep auditors out: he steered illicit contracts to a friend who sent him secret payments, according to a law enforcement affidavit obtained by The Daily Wire.

    Mathieu Zahui, chief financial officer of the African Development Foundation, refused to grant DOGE access to its books and told the White House that the agency would not acknowledge President Donald Trump’s appointee as chairman of the board. After a dramatic showdown in March, DOGE physically took over the building with U.S. Marshals, but control of the agency is now the subject of a lawsuit objecting to “swooping in with DOGE staff, demanding access to sensitive information systems” — an objection that reads differently in light of the criminal probe.

    For years, workers at the small, USAID-adjacent federal agency focused on Africa have told oversight bodies about allegations of self-dealing, procurement violations, and mysterious offshore bank accounts, many of them involving Zahui. But little was done about it, several told The Daily Wire.

    One action that raised eyebrows was Zahui’s insistence on directing both grants and contracts to a company in Kenya called Ganiam Ltd. According to spending records, it was awarded nearly $800,000 in contracts without competition. For example, a one-year, $350,000 contract for “transport, travel, relocation” services was executed in March 2020, when few people were traveling or holding conferences because of coronavirus.

    According to a search warrant application uncovered by The Daily Wire, USAID’s inspector general established by August 2024 that the company’s owner had secretly wired money to Zahui’s personal bank account at times that matched up with the federal contracts. To date, the Department of Justice has not charged either man with a crime.

    Ganiam Ltd. is owned by Maina Gakure, whom Zahui has known for decades. Both worked at the Department of Veterans Affairs in San Diego and later moved to Fairfax, Virginia. Gakure had been in charge of awarding contracts at the VA, then created his own company designed to get government construction contracts by taking advantage of a minority preference program. It was called Ganiam LLC and was based out of a house in Virginia. Gakure similarly created a company based in Kenya called Gakure Ltd. The African Development Foundation is permitted by law to give grants only to African entities.

    Overseas aid is just a gigantic bucket of graft for Democratic Party grandees. (Hat tip: Sarah Hoyt at Instapundit.)

  • Trump finally pulls the plug on the green energy scam.

    The Trump administration’s proposed budget for fiscal year 2026 seeks to eliminate over $15 billion in funding associated with Biden’s expensive and inane “Green New Deal” initiatives, specifically targeting “clean energy”, the “climate crisis”, and environmental programs.

    The White House said the energy budget proposal cancels more than $15 billion in carbon capture and renewable energy funding from the bipartisan infrastructure law that former President Joe Biden, a Democrat, signed in 2021. It also proposes to cancel $6 billion from that law for EV chargers.

    “The Biden Administration spent more than three years implementing these programs, but built only a small number of chargers because it prioritized over-regulating and ‘climate justice’ goals,” the White House said. “EV chargers should be built just like gas stations: with private sector resources disciplined by market forces.”

    The plan reorients Energy Department funding toward research and development of technologies that could produce an abundance of oil, gas, coal and critical minerals, nuclear reactors and advanced nuclear fuels, the White House said without further details.

  • Winning. “Supreme Court Allows Trump to Enforce Transgender Military Ban.”
  • “Nail salon employee pleads guilty after netting nearly a million bucks by outsourcing U.S. government tech jobs to China and North Korea.”

    Over the last three years, Minh Phuong Ngoc Vong, a U.S. citizen, pulled down $970,000 working at a nail salon in Bowie, Maryland.

    But Vong wasn’t just filing nails.

    He was also filing applications at U.S. tech companies for IT and development jobs, some of which had government contracts requiring security clearance. However, Vong wasn’t performing any of the duties at those jobs; he was outsourcing all his work virtually to China and North Korea.

    This alone is sketchy. But the reason he was caught shows the true severity of the crime.

    An unnamed Virginia-based tech company wanted to include him on a job that needed more security clearance, but when they submitted his credentials to the Defense Counterintelligence and Security Agency for a secret clearance, he was flagged as having another job with security clearance, namely working with the Federal Aviation Administration.

    The Virginia company fired him for having more than one job, but when the CEO showed his picture to the lead-developer, they realized that the man they hired was not the same one who was showing up to virtual meetings and doing the work.

    As a result of Vong’s fraudulent misrepresentations, these government agencies unknowingly granted Vong’s co-conspirators access to sensitive U.S. government systems, which they accessed from China.

    My respect for the hustle ends at creating gaping security holes for the commies.

  • Following India’s attack on terrorist bases in Pakistan, both countries have launched escalating attacks on the other.

    Friday has seen the border conflict between India and Pakistan escalate once again, with The New York Times describing that it has escalated to the most expansive military clashes in decades. Entire large expanses of border zones are swarming with drones overhead – a first in the history of the long-running rivalry.

    “There were reports of nonstop barrages along the border overnight into Friday, as well as reports of attacks by Pakistan into the Indian city of Jammu, a part of Kashmir,” the Times report says, citing that drone attacks have been exchanged along India’s entire western border.

  • One great benefit to India’s strikes: They evidently killed the mastermind of Daniel Pearl’s murder.

    India’s Operation Sindoor has not just avenged the deaths of the 26 people in the Pahalgam attack, but also had a far-reaching impact on the global fight against terrorism. The Indian Armed Forces’ precision strikes on Wednesday reportedly killed Abdul Rauf Azhar, the operational head of Jaish-e-Mohammad and mastermind of the IC-814 hijacking.

    Azhar was involved in the kidnapping and murder of Wall Street Journal journalist Daniel Pearl in 2002. Hence, yesterday’s strikes on nine terror hubs in PoK and Pakistan delivered justice to the American-Jewish journalist.

    Remember: Jaish-e-Mohammad was at the heart of the last Indo-Pakistani dustup in 2019. (Hat tip: Stephen Green at Instapundit.)

  • Suchomimus says that India’s missile strikes were quite precise.
  • An aside: As of this writing, there’s not a single entry on this Indo-Pakistani conflict on The Institute for The Study of War’s homepage. Look guys, I know you’re busy with Ukraine, Iran, and China, but given that this is a war between two nuclear-armed nations that just went hot, do you think you could spare an analyst or two to, you know, study it?
  • Somewhat related news: “India has agreed to remove all its tariffs on US goods entering the country.

    (Hat tip: Sarah Hoyt at Instapundit.)

  • “Trump Announces ‘Full and Comprehensive’ Trade Deal with Britain, Final Details Still to Come.”

    President Donald Trump and U.K. Prime Minister Keir Starmer announced a historic trade deal between the two countries on Thursday that Trump says will include billions of dollars of increased market access for American exports, including beef, ethanol and other farm products.

    The president, speaking from the Oval Office, said the details of the deal with Britain will be finalized in the coming weeks, but said the close U.S. ally has agreed to “eliminate numerous non-tariff barriers” under the agreement, which Trump touted as a “great deal for both countries.”

    U.S. Commerce Secretary Howard Lutnick said the deal would create $5 billion of opportunity for U.S. exports after Britain identified products it was importing from other countries that it could instead purchase from the U.S.

    Trump said the deal will also include a “historic” economic security component and said that Britain will “fast track” American goods through its customs process.

    Under the deal, the U.K. will still be subject to Trump’s 10 percent baseline tariff that he has imposed on all countries.

    Lutnick said the U.S. has agreed to lower its 25 percent tariff on imports of British cars to just 10 percent. He also indicated Rolls Royce engines and plane parts will be imported tariff-free, while Britain is set to buy $10 billion of Boeing airplanes. Meanwhile, tariffs on British steel exports will drop from 25 percent to zero.

    That’s the same British Steel that the UK government just took the main plant of which over from China.

  • If all that weren’t enough, “Israel carried out waves of airstrikes against terrorists and military targets in Syria, including the capital city of Damascus, after jihadists — reportedly backed by the new Islamist regime — launched attacks on the country’s non-Muslim Druze minority, killing at least 100 people in two days of fighting.”
  • Shockingly, dumping tons of deficit spending into the economy drives up the price of housing.
  • Democrats continuing to freak out at every Trump tweet (like the pope image) plays right into Trump’s hands.
  • “A bombshell ethics complaint has been filed against U.S. Senator Adam Schiff (D-CA) accusing him of a pattern of mortgage fraud, voter fraud, and unlawful campaign filings stretching back over two decades.”

    According to the 20-page document, Schiff may have violated Maryland Code §7-401 and California’s Election and Tax Codes, including statutes that mirror the allegations recently leveled against New York Attorney General Letitia James—particularly in the realms of mortgage and insurance fraud.

    According to the complaint, “In 2009, Adam Schiff’s residence and voting registration was called to question in a House Ethics Committee hearing. Adam Schiff, despite claiming to live and represent the people in the state of California, filed and reaffirmed through refinancing documents, his primary residence at 8204 Windsor View Terrace, Potomac Maryland, 28054.”

    The complaint further alleges, “Adam Schiff is on the record having acknowledged the mortgage document filings [of Maryland as his primary residence] during a House Ethics hearing in 2009… He made the claim of ‘mistake,’ thereby acknowledging the appearance of possible mortgage fraud.”

    But the complaint doesn’t stop there. It outlines a disturbing pattern of what Maryland law defines as a “pattern of mortgage fraud,” involving repeated false representations of Schiff’s primary residence across multiple properties and years. Under Maryland Code §7-407(c), such conduct could constitute a felony punishable by up to 20 years imprisonment or a $100,000 fine—or both.

    Rules are for the little people…

  • The Army cancels the M10 Booker, a ‘light tank’ that was too heavy.” I always thought the Booker suffered from “neither fish nor fowl” syndrome, and that was before the Russo-Ukraine War’s use of drones necessitated a radical rethink of the deployment of armored vehicles on the battlefield. (Hat tip: : Stephen Green at Instapundit.)
  • Germany has a new chancellor.

    Friedrich Merz was elected chancellor of Germany after facing a historic loss in the Bundestag. In the second round, 325 lawmakers voted for Merz, bringing him past the 316-vote threshold. The far-right Alternative for Germany (AfD) has already demanded that Merz step down and call for new elections following his loss in the first round.

    Merz’s initial loss marked a historic moment, as it was the first of its kind in post-war Germany.

    The result came as a major upset, as Merz was widely expected to win, thanks to a coalition deal involving his party, the Christian Democratic Union (CDU); its Bavarian sister party, the Christian Social Union (CSU); and the Social Democratic Party (SPD).

    Evidently continuing unchecked, unassimilated Muslim immigration remains the highest priority of Europe’s ruling elites.

  • Different results in Romania.

    Romania’s prime minister will resign on Monday after a conservative opposition leader who aligned himself with Donald Trump scored a resounding first-round victory in the Black Sea nation’s presidential election.

    Bloomberg reports, that Marcel Ciolacu informed coalition partners of the decision to submit his resignation in a meeting Monday in Bucharest, according to people familiar with the decision who spoke on condition of anonymity. The government will be led by an interim premier until coalition parties choose Ciolacu’s successor. There are no current plans for an early election.

    The prime minister’s decision was a response to the electoral defeat of the coalition’s preferred candidate in Sunday’s first-round contest, in which George Simion of the ultranationalist Alliance for the Union of Romanians secured more than 40%.

    He’ll face off against Nicusor Dan, the centrist mayor of Bucharest.

  • Trump’s NIH finally puts an end to Anthony Fauci’s dog torture.

    Trump’s new NIH director Dr. Jay Bhattacharya is wasting no time reforming the corrupt NIH.

    As a part of a general phase-out of some animal testing, Trump’s appointees have closed the last remaining Fauci-supported and funded beagle lab on the NIH campus.

    We all remember the infamous experiments funded by Fauci’s NIH that forced beagles to have their faces eaten by sand flies, with their vocal cords cut to take away their ability to cry in pain:

    It angries up the blood, it does…

  • “Western Carolina University Refusing to Comply with Trump Order Protecting Women’s Spaces.”

    Western Carolina University is not changing its Title IX policy to comply with President Donald Trump’s executive action after the school was embroiled in a dispute last year over a male attempting to use women’s bathrooms.

    WCU administrators refused to update their Title IX policy to comply with Trump’s order restoring sex segregation to federally funded colleges and universities and have instead continued to allow males in women’s spaces, according to public records provided to National Review by right-leaning campus watchdog group Speech First.

    “For years, advocates have worried that Title IX procedures on campus have become weaponized – and these emails highlight that such concerns are indeed well-founded,” said Nicole Neily, acting executive director of Speech First.

    “Universities across the country are actively ignoring and resisting the Trump Administration on Title IX, which underscores the need for strong action from both Congress and the executive branch to provide clarity for administrators and safety for women and girls.”

    Far left college administrators don’t get to unilaterally redefine the statutory definition of “woman.”

  • Here’s a shocker: Democrat DA drops charges against Democrat accused of graft.

    The Harris County District Attorney’s Office (HCDAO) announced Friday that four felony charges pending against former Harris County Health Director Barbie Robinson had been dropped.

    “After an exhaustive review of the evidence concluded by career prosecutors, the HCDAO has determined that the State cannot prove any of the charged offenses beyond a reasonable doubt and that pursuing this case is not in the interests of justice,” according to an official statement from HCDAO.

    Robinson was fired from her post last September, and in November former District Attorney Kim Ogg announced Robinson would be charged with misuse of official information. In December, HCDAO charged Robinson with additional felonies, including tampering with a government record and two counts of fraudulent securing of document execution.

    The charges stemmed from allegations that Robinson used her private email to coordinate with International Business Machines Corporation (IBM) officials regarding a $31 million contract to craft a social services program called Accessing Coordinated Care and Empowering Self Sufficiency (ACCESS). IBM would later successfully bid to create the ACCESS project for the county.

    Before beginning her work for Harris County, Robinson served as the director of the Sonoma County Department of Health Services where she also worked with IBM to create a nearly identical program.

    According to emails obtained by the Texas Rangers, Robinson exchanged emails with IBM officials shortly after she was hired by Harris County. Communications included discussion of “sole-source” contracts that could be exempted from competitive bids.

    In July 2021, the county paid IBM $45,000 to put on a workshop to discuss the ACCESS program, and in November 2021 Robinson continued to use her personal email to coordinate with the company to craft a scope of work document in the weeks before the county issued a public request for proposals.

    Robinson had also drawn scrutiny in 2024 for communications surrounding a $6 million contract awarded to DEMA, a California-based company selected to run Harris County’s Holistic Assistance Response Teams.

    Scoring documents obtained by the Houston Chronicle showed that DEMA won the contract by a fraction of a point over a state-funded agency with experience in responding to 911 calls.

    Early in 2021, Robinson had been instrumental in bringing DEMA to operate COVID-19 testing sites in Harris County. That year, DEMA CEO Michelle Patino offered her a contract for legal consulting, even though Robinson is not a practicing attorney.

    The county has since severed ties with DEMA.

    Of course, Soros-backed social justice warrior Sean Teare defeated Ogg in the Democratic primary last year.

  • Joe Rogan and Tim Dillon are amazed at the tale of the Portland Stabbin Wagon, the taxpayer-paid ambulance that shows up to deliver needles to junkies.
  • VE Day was 80 years ago yesterday.
  • Warren Buffet is stepping down as Berkshire Hathaway CEO at the end of the year.
  • Starbase is now a real city.
  • “Sean Combs Was Once Celebrated at the Met Gala. He’s Now on Trial. He was lauded by Anna Wintour, was a regular guest at the gala, and his influence on the current exhibition is undeniable.” Diddy is the perfect poster boy for the Met Gala: A self-interested hedonist flaunting his wealth under the guise of virtue signaling.
  • Jaguar fires the ad agency behind their disasterous woke rebrand.

    Woke backlash has struck yet again and this time it’s among car giants Jaguar Land Rover who are currently on the search to replace their advertising agency after its controversial rebrand. Jaguar’s rebrand video went viral for all the wrong reasons back in December last year and were criticised for their new look which was described as “the biggest change in Jaguar’s history – a complete reinvention for the brand”. Despite the Jaguar vehicle being noticeably absent in the brand’s new relaunch video, other iconic brand images were left out too, including Jaguar’s classic leaping-cat icon.

    This was replaced with futuristic pink moonscape images, dotted with boulders and included a cast of diverse and eccentrically-dressed models. The result of this rebrand, however, was met with harsh backlash with many devoted Jaguar Land Rover lover’s not shy about their dismay towards the car company, resulting in Jaguar now launching a review for a new global creative account.

    Snip.

    But despite their best efforts to appeal to all, the results were met with loss particularly among its sales which plunged by more than 25% in 2024.

    The brand also recorded selling 33,320 cars in the same year – a stark drop from the 61,661 that were sold in 2022 and 161,601 sold in 2019.

    Funny how literally everyone but Jaguar leadership saw this coming.

  • Plus-size far left Illinois governor J.B. Pritzker dresses up for Star Wars Day and promptly gets roasted. “Sith Lard” and “Boba Fat” are two of the better ones…
  • Metaphor alert: Sovereignty defeats Journalism. Not since philly Eight Belles came up lame and had to be euthanized on the track during Hillary Clinton’s run against Obama in 2008 has there been such a potent horse-racing metaphor for the current moment…
  • It turns out that 2025’s Snow White lost even more money than Joker 2.
  • Speaking of Disney making bad decisions, after throwing a multi-year hissy fit over Florida’s so-called “don’t say gay” bill, they’re now building a new theme park in a country that outlaws homosexuality entirely.

    Disney strongly supports the gay community…so it’s building its newest park in Abu Dhabi, the capital of the United Arab Emirates (UAE).

    The UAE criminalizes homosexuality. The Ministry of Education, I kid you not, “explicitly prohibits discussing gender identity, homosexuality or any other behavior deemed unacceptable to the UAE’s society’ in class.”

    Islam is the state religion. Sharia is the source of law.

    Sharia law…so same-sex sexual activity is punishable by death.

    Consistency and integrity are for the little people…

  • Random person in New York City: “I tripped! I’m suing the property owner and New York City government!” City government: “Hey, we don’t own anything there. Take us off the suit.” Property owner: “Oh, you don’t own anything? Well, I looked at the deed map, and you’re right. So I’ve put up a fence over the sidewalk and the street parking the map says I own.” City: “No fair! Now we’re fining you!”
  • “Retired Supreme Court Justice David Souter Dies at 85.”
  • Dwight has an obituary up for Dr. Philip Sunshine, neonatology pioneer.
  • Ten years on, Robert Spencer remembers the jihad attack on the Everyone Draw Mohammed contest in Garland, Texas.
  • Well, that was quick: Provident Metals already has Pope Leo XIV silver rounds for sale.
  • Using the legal system for trolling: “Shedeur Sanders Fan Sues NFL for Emotional Distress Over Sanders’ Late Draft Pick.”
  • Eagle Firing AR-15 Emerges From Vatican Indicating An American Pope Has Been Selected.”
  • “Trump Sends In Nicolas Cage To Reoccupy Alcatraz.”
  • “Trump Promises To Negotiate Peace In India As Soon As They Take Him Off Hold.”
  • “Bernie Sanders Unveils His New Gold-Encrusted ‘Beat The Oligarchy’ Dirigible.”
  • “Chipotle Announces Plans To Get Even Worse.”
  • “Nation Takes Somber ‘May The 4th’ To Remember Deceased Star Wars Franchise.”
  • Corporal Klinger Finally Discharged From Army After Trans Military Ban.”
  • I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.





    LinkSwarm for October 1, 2021

    Friday, October 1st, 2021

    Greetings, and welcome to the Halloween season! Manchin and Sinema are the only thing that stands in the way of a giant, economy-destroying meteor of leftwing pandering, energy crises ramp up in China and Europe, Biden nominates a commie, and more Flu Manchu shenanigans.

  • Inflation hits a 30 year high, yet Democrats are furious two of their own party aren’t letting them run even bigger deficits.
  • West Virginia Democratic Senator Joe Manchin calls the giant runway Porkulus fiscal insanity.

    “What I have made clear to the President and Democratic leaders is that spending trillions more on new and expanded government programs, when we can’t even pay for the essential social programs, like Social Security and Medicare, is the definition of fiscal insanity,” Manchin said in a statement Wednesday.

    (Hat tip: Director Blue.)

  • And you know that $3.5 trillion price tag? Staggering though it is, they’re lowballing it:


    

  • Manchin says that any reconciliation bill must include a Hyde Amendment to bar federal taxpayer funding of abortion. I’m pretty sure Democrats would prefer kicking Manchin out of the party than give compromise on their holy of holies.
  • Manchin and Sinema are a feature, not a bug:

    ‘What if — and hear me out here,” writes Robert Reich, “we stopped letting two corporate Democrats singlehandedly block every single progressive policy we elected Democrats to pass?”

    Okay, Robert. But how, exactly? The Democrats have 50 seats in the Senate. To pass a bill through reconciliation, the Democrats need 50 votes in the Senate. Two of the people who hold those 50 seats do not agree with the rest of the party on “every single progressive policy.” If the other 48 senators do agree — which is far from clear — the Democratic Party will have 48 votes for its agenda, two short of what it needs. Those two, not the Robert Reichs of the world, are the ones with the power to “stop” things.

    “Should all of this just hinge on those two?” Representative Cori Bush (D., Mo.) asked yesterday. “Absolutely not.” But should doesn’t enter into it. The question is does “all of this” hinge on Sinema and Manchin? The answer is yes. Yes it does. And why? Because, again, “all of this” requires 50 votes in the Senate, and two of those votes aren’t on-board.

    Underneath the complaints that Reich and Bush have leveled sits the erroneous implication that, come election time, American voters are obliged to press a button marked “Republican” or “Democrat,” and that, having done so, they are shipped a drone-like representative of the winning team from a central repository in Washington, D.C. Reich complains that “we elected Democrats.” But this is correct only in the aggregate. In fact, 50 different “we”s elected one hundred senators and 435 Representatives, who between them make up our majority and minority parties. There is nothing in this deal that obliges those emissaries to agree with one another.

    Senators Manchin and Sinema are not a pair of uninvited interlopers who are unexpectedly gumming up the gears; they, themselves, are among the gears. This being so, the duo cannot be said to be “blocking” the Democrats’ de facto Senate majority so much as they are sustaining the Democrats’ de facto Senate majority. Why? Because their decision to caucus with the Democrats rather than the Republicans is the only reason that majority exists in the first place. To hear progressives talk, one would assume that in order to take one’s place within the firmament one must first swear a blood oath to Dick Durbin. Shockingly enough, one is obliged to do no such thing.

  • All this debt limit foo-fora is just kabuki:

    If there’s one thing we know about the looming debt limit crunch and the warnings about the dire consequences of default, it’s this: The government is not going to default.

    The recurring brinksmanship over the debt limit and the partisan refusal to get Republican fingerprints on the increase don’t say much for our political class. But the U.S. Treasury isn’t full of stupid people, and they’ve been through this drill before. Back in July 2011, when the debt ceiling of $14.3 trillion was about to be reached, the Washington Post reported:

    The Treasury has already decided to save enough cash to cover $29 billion in interest to bondholders, a bill that comes due Aug. 15, according to people familiar with the matter.

    You can bet they’re making similar plans today. The difference is that 10 years later the debt ceiling is $28.4 trillion, just about doubled, and we’re about to bump into it again.

    Back in that summer of discontent I talked to a journalist who was very concerned about the “dysfunction” in Washington. So am I. But I told her then what’s still true today: that the real problem is not the dysfunctional process that’s getting all the headlines, but the dysfunctional substance of governance. Congress and the president will work out the debt ceiling issue, probably just in the nick of time. The real dysfunction is a federal budget that doubled in 10 years, unprecedented deficits as far as the eye can see, and a national debt (more accurately, gross federal debt) yet again bursting through its statutory limit of $28.4 trillion and soaring past 120 percent of GDP, a level previously reached only during World War II.

  • John Durham subpoenas Clinton law firm Perkins Coie. I’m betting the Dlinton cronies aren’t wild about that at all…
  • Biden nominates an actual communist as Comptroller of Currency:

    The Cornell University law school professor [Saule Omarova]’s radical ideas might make even Bernie Sanders blush. She graduated from Moscow State University in 1989 on the Lenin Personal Academic Scholarship. Thirty years later, she still believes the Soviet economic system was superior, and that U.S. banking should be remade in the Gosbank’s image.

    Snip.

    Ms. Omarova thinks asset prices, pay scales, capital and credit should be dictated by the federal government. In two papers, she has advocated expanding the Federal Reserve’s mandate to include the price levels of “systemically important financial assets” as well as worker wages. As they like to say at the modern university, from each according to her ability to each according to her needs.

    In a recent paper “The People’s Ledger,” she proposed that the Federal Reserve take over consumer bank deposits, “effectively ‘end banking,’ as we know it,” and become “the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy.” She’d also like the U.S. to create a central bank digital currency—as Venezuela and China are doing—to “redesign our financial system & turn Fed’s balance sheet into a true ‘People’s Ledger,’” she tweeted this summer. What could possibly go wrong?

    It’s like an entire century of central planning failure means nothing to her, and Henry Hazlitt died in vain. (Hat tip: Ed Driscoll at Instapundit.)

  • “Democrats Would Prefer That You Ignore All of the Violent Crime Around You.”

    The FBI’s annual report Monday made official what most unfortunately presumed: The United States in 2020 experienced the biggest rise in murders since the start of national record-keeping 60 years ago.

    The Uniform Crime Report detailed a murder increase of nearly 30 percent.

    The previous largest one-year change was a 12.7 percent increase back in 1968. The national rate of murders per 100,000, however, still remains about one-third below the rate in the early 1990s.

    The FBI data show around 21,500 total murders last year, which is 5,000 more murders than in 2019. More than three-fourths of reported murders in 2020 were committed with a firearm, the highest rate ever reported.

    Now before you start jumping to conclusions about a correlation between the leftist fever to defund the police and a huge jump in the nation’s murder rate, you should probably be aware of the fact that the Democrats want you to know that there’s no problem at all.

    That’s right, the same people who want us all to live in mortal fear of being breathed on by a stranger at Kroeger are trying to poof away a pile of bodies.

    (Hat tip: Stephen Green at Instapundit.)

  • Heh:

  • The Fairfax County School Board would really prefer that you not point out the gay porn in their library.
  • There’s stupid, and then there’s revealing a secret military aircraft on Tik-Tok stupid.

  • “Facebook Takes Down Project Veritas Video Featuring HHS Staff Denouncing the COVID-19 Vaccine.” I think they mean this one:

  • Speaking of Flu Manchu, here’s NBA player Jonathan Isaac calmly explaining why he doesn’t feel he needs the vaccine:

  • The Lancet just gives up on trying to determine the origins of Flu Manchu, much like OJ has given up on finding the real killers.
  • China is trying the classic idiot price controls strategy for its self-inflicted energy crisis:

    China is officially panicking.

    Now that the global energy crisis has slammed China’s economy, leading to the first contractionary PMI since March 2020 as a result of widespread shutdowns of factory and manufacturing, not to mention hundreds of millions of Chinese residents suffering from periodic blackouts, Bloomberg reports that China’s central government officials “ordered the country’s top state-owned energy companies to secure supplies for this winter at all costs.”

    Translation: Beijing is no longer willing to risk social anger and going forward China will be subsidizing coil and nat gas, which will lead to even higher prices, which will lead to even higher prices for other “substitute” commodities such as oil, which is why oil surged on the news.

    The news follows a report on Wednesday that China will allow soaring coal prices to be passed on to factories in electricity prices. But prepare for a surge in PPI, which will likely not be allowed to be passed on to CPI due to ‘common prosperity’. Which logically means margin collapse, and shutting down – so even more structural shortages. Unless we get state subsidies of some sort, or differential pricing for the foreign and domestic market. There used to be a name for that kind of economy. Wall Street used to pretend it didn’t like it.

  • European natural gas prices hit all-time highs.
  • Supreme Court Justice Brett Kavanaugh tests positive for Mao Tze Lung.
  • Cenk Uygur says he could take former MMA fighter-turned-comedian-turned-podcaster Joe Rogan in a fight. I’m sure Uygur will get right to it after completing that 3 minute mile and turning down Scarlett Johansson begging for sex…
  • Speaking of Rogan, he says that Trump beats Biden or Harris 100% in 2024. Also says someone other than Biden is running his White House.
  • So say the polls: In a hypothetical matchup, Donald Trump creams Joe Biden by 10 points in 2024.
  • Intel breaks ground on a $20 billion seminconductor fab in Arizona. (Hat tip: Instapundit.)
  • Smith & Wesson is moving from Massachusetts to Tennessee.
  • Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500.”
  • “Leftists Deeply Afraid Things Could Go Back To Normal.”

    “We don’t want normal,” said activist Earnest Greer. “We want radical change. What if everything goes back to the way it was without us completely dismantling and rebuilding the system?”

    Liberals saw the pandemic as an opportunity to get people less clingy to individual freedom and more accepting of government planning significant parts of everyone’s lives. Normal would mean relinquishing that power, which is anathema to the Left.

  • “I said get in the family photo!”