State budgets for Texas and California are in the news, and once again the two largest states in the union are headed in opposite directions:
In Texas, lawmakers are wrangling about what to do with a $27 billion surplus.
The Texas Legislature is in for a fight over how to spend its expected pot of money from inflation-driven record consumption tax collections.
Trying to direct the Legislature and the Texas House specifically often resembles herding cats — 150 members with 150 different ideas on how the $27 billion projected surplus should be appropriated.
Comptroller Hegar indicated this week that the total might grow even more by the New Year. He will provide an updated certified revenue estimate in January.
Whether it grows or not, the sum will be a large pot with which the Legislature can do a lot.
The foremost suggestion is to buy down property taxes through ramped-up compression of local ad valorem tax rates.
Gov. Greg Abbott has called for spending “at least half” on “the largest property tax cut ever in the history of Texas.” Lt. Governor Dan Patrick first called for using $4 billion to cut taxes and then upped that to possibly more than half of the total.
The Legislature already has $3 billion earmarked for a buydown next session from holdover American Rescue Plan Act funds.
That’s the estimated deficit Gov. Gavin Newsom and state lawmakers will confront when crafting a budget for the upcoming fiscal year, the Legislature’s nonpartisan fiscal advisor announced Wednesday.
The projection marks a stunning reversal from back-to-back years of unprecedented prosperity: The budget for California’s current fiscal year clocked in at a whopping $308 billion, fueled by a record $97 billion surplus that was by itself enough to treat every state resident to a $7,500 vacation. The year before, Newsom and lawmakers approved what was at the time a record-busting $263 billion budget that included a $76 billion surplus.
Snip.
The Legislative Analyst’s fiscal outlook doesn’t take into account soaring inflation rates or the increasingly likely possibility of a recession. Due to inflation, “the actual costs to maintain the state’s service level are higher than what our outlook reflects,” the analyst’s office wrote. The estimated $25 billion deficit thus “understates the actual budget problem in inflation-adjusted terms.” And, if a recession were to hit, it would result “in much more significant revenue declines,” meaning California could bring in $30 to $50 billion less than expected in the budget window.
I don’t think there’s any “if” about a recession anymore.
For a while California’s tech and entertainment industry strengths were outrunning its massive blue state economic mismanagement and green energy delusions. That’s no longer the case.
The problem with the blue state model is that they either run out of other people’s money, or people take it with them when they move before the state can take it away. Still others leave to avoid the outrageous cost of living. No wonder U-Haul ran out of trucks to leave the state.
Budgets are hard to balance even in good times, given competing priorities and political factions. It becomes much harder in a recession. And it becomes nearly impossible when you try to fund not only the regular Democratic Party graft and fraud, but social justice madness and green energy delusions.
Which is why so many Californians are getting out while the getting is good…
The Pennsylvania House of Representatives voted on Wednesday to impeach controversial Philadelphia District Attorney Larry Krasner (D-PA).
Five lawmakers, including three Republicans and two Democrats with constituencies in Philadelphia, formed a committee to investigate Krasner earlier this year. Members of the lower chamber voted by a margin of 107 to 85 in favor of impeaching Krasner, enabling the Pennsylvania Senate to remove the official with a two-thirds majority.
“Texas Democrats Blame Lackluster Midterm on 2021 Election Reform, Redistricting, and Poor Border Messaging.” Note that the word “policies” appears nowhere in the article…
The partisan index for Texas counties. Republican counties tended to get slightly more Republican while Democratic counties got slightly less Democratic.
A study conducted by criminologist Michael Smith of the University of Texas at San Antonio shows that 56 percent of individuals charged with violent crimes or weapons law violations in Dallas are released on bail or their own recognizance. That figure includes about 75 percent of offenders charged with weapons law violations, about two-thirds of those arrested for aggravated assault, and 34 percent of those arrested for murder.
Smith examined 464 arrests from 2021 and followed the cases through May 15 of this year. The dataset included all (109) arrests for murder, 25 percent (73) of arrests for robbery, 25 percent (154) of arrests for aggravated assault involving a family member, 10 percent (67) of arrests for aggravated assault not involving a family member, and 10 percent (61) of arrests for weapons law violations.
Almost a quarter of those released were arrested again within the course of the study. The average length of time between release and the second arrest was 148 days.
Disney shares are down 40 per cent this year, and last week’s quarterly report makes for grim reading. Disney’s expenses and operating losses are skyrocketing. Even the hugely popular Disney+, which continues to gain in subscribers, made an operating loss of $1.47 billion – more than double its loss last year. An internal memo last week announced job cuts and a hiring freeze.
Perhaps it is no coincidence that Disney’s troubles arrive in a year when the company has been distracted by politics. Indeed, it seems to have gone into overdrive to promote woke causes, both on screen and off.
Most infamously, in March, Disney waded into a bruising political battle with Florida governor Ron DeSantis, over his Parental Rights in Education Act. The law, now enacted, bans ‘classroom instruction’ on issues of ‘sexual orientation or gender identity’ for Florida schoolkids under the age of 10. Although the law has the overwhelming support of parents, from across the political spectrum, it sparked fury in media circles. Critics were quick to dub it the ‘Don’t Say Gay’ law, arguing that it ‘marginalises LGBTQ+ people’.
Disney was only too happy to join in the chorus of denunciation. The act ‘should never have passed’, said Disney in a statement. ‘Our goal as a company is for this law to be repealed by the legislature or struck down in the courts.’ Disney also pledged to donate $5million to organisations opposed to the law. But DeSantis hit back. He revoked a special tax status that Disney’s Florida theme parks had enjoyed since 1967.
Disney’s growing reputation for championing woke causes is costing it more than just its tax exemptions. It is now clearly damaging its relationship with audiences. As recently as March 2021, Disney’s public-approval rating was 77 per cent. But a September poll finds approval for Disney has now fallen to only 51 per cent among all Americans. And it has fallen into negative territory among Republicans. As pollster Chris Wilson notes: ‘It is highly unusual for a family entertainment company to find itself outside the good graces of so many Americans.’
Higher inflation, widespread corruption in the federal government, the Bank of England makes Liz Truss blink, and Muslims take exception to Dearborn Public School’s gay agenda. It’s the Friday LinkSwarm!
The Journal reviewed more than 31,000 financial disclosure forms and analyzed more than 850,000 financial assets and 315,000 trades to shed light on any conflicts of interest among more than 12,000 senior career bureaucrats and political appointees. Its investigation found that “thousands of officials across the U.S. government’s executive branch disclosed owning or trading stocks that stood to rise or fall with decisions their agencies made.”
“Across 50 federal agencies ranging from the Commerce Department to the Treasury Department, more than 2,600 officials reported stock investments in companies while those companies were lobbying their agencies for favorable policies, during both Republican and Democratic administrations,” the Journal reports. “When the financial holdings caused a conflict, the agencies sometimes simply waived the rules.”
The federal employees weren’t even subtle about it. Per the Journal, “More than five dozen officials at five agencies reported trading stocks of companies shortly before their departments announced enforcement actions against those companies, such as charges or settlements.”
That’s sus.
To get an understanding of how shady this behavior is, consider examples from a few specific agencies. At the Environmental Protection Agency (EPA), for example, the Journal found that “more than 200 senior officials… or nearly one in three, reported that they or their family members held investments in companies that were lobbying the agency.”
Similar corruption plagues the Department of Defense, where, per the investigation, “officials in the office of the secretary or their family members collectively owned between $1.2 million and $3.4 million of stock in aerospace and defense companies, on average, during years the Journal examined. Some owned stock in Chinese companies while the U.S. considered blacklisting the companies.”
Sometimes there’s a major story out there you don’t have time to really pay attention to, and such is the case with the UK “mini-budget”/Bank of England story. Basically, new UK PM Liz Truss and her Chancellor of the Treasury Kwasi Kwarteng went “We’re going to cut taxes despite soaring inflation” and the Bank of England (which evidently said that UK pension funds were hours from collapse last week) went “No you’re not.” Well, Truss just blinked, Kwarteng is out, and now the UK government is going to raise taxes.
Here’s a video explainer of the complexities of the Bank of England intervention in the bond market.
I’ll still trying to wrap my mind around the phrases “pension fund margin call” and “unlimited quantity” of short term repo liquidity reserves.
The Biden administration’s new technology restrictions are already causing disruptions in China as US semiconductor equipment suppliers are telling staff based in the country’s top memory chip maker to leave, according to WSJ, citing sources familiar with the matter.
State-owned Yangtze Memory Technologies Co. has seen US chip semiconductor equipment companies, including KLA Corp. and Lam Research Corp., halt business activities at the facility. This includes installing new equipment to make advanced chips and overseeing highly technical chip production.
The US suppliers have paused support of already installed equipment at YMTC in recent days and temporarily halted installation of new tools, the people said. The suppliers are also temporarily pulling out their staff based at YMTC, the people said. –WSJ
It’s hard to overemphasize how badly screwed China’s chip industry is with this latest move. Semiconductor equipment not only needs regular maintenance, but extremely specialized expertise when something goes wrong and your yields crash, wizards who can look at a wafer defect chart and determine by experience what’s gone wrong with which tool. Without support and spare parts from the western semiconductor equipment giants, expect yields to start crashing in a matter of months, if not weeks, especially if Applied Materials and Tokyo Electron join the pullout.
The IRGC may be mobilizing retired servicemembers and other affiliated officers to suppress protests in Tehran on October 15.
Protesters have killed more Iranian security personnel in the current protest wave than in any previous wave in the regime’s history according to regime statistics.
Anti-regime protests occurred in at least 11 cities in seven provinces.
Social media accounts that are representing themselves as youth groups organizing and coordinating protests called for countrywide unrest on October 15.
Snip.
Social media accounts that are representing themselves as youth groups organizing and coordinating protests called for countrywide unrest on October 15. Dozens of social media accounts are presenting themselves as provincial components of a broader youth movement aimed at overthrowing the regime. The movement does not appear to have a central headquarters or hierarchy—at least on social media—and some of these groups’ rhetoric is notably disjointed from the others. These accounts claim to have a presence in multiple Iranian cities, including Tehran, Karaj, Neyshabour, Hamedan, Shiraz, and Ahvaz. Some of these accounts called for protests in Khuzestan on October 14, which did materialize in three different cities across the province on that date. Another account claimed that it had activated “sabotage groups” to destabilize the regime on October 14. The Tehran Neighborhood Youth group currently has the most followers and has posted for the longest period of time, possibly suggesting that it inspired copycat accounts based in other cities.
Some of these groups are presenting themselves as having moved from protest organization to coordinating phase one insurgency attacks.
In private, Democratic party officeholders are super racist.
But they’ll arrest parents and take their children if you fail to bow to their transexual madness. “Virginia Democrat Bill Would Criminally Prosecute Parents Who Don’t Affirm Their Kids As Transgender. Previous attempt at the bill was co-sponsored by a senator who served jail time for having sex with a teenager.”
A Virginia Democrat lawmaker says she will introduce legislation to have parents criminally prosecuted if they do not “affirm” their child as transgender. Teachers and social workers would report parents to Child Protective Services under the bill envisioned by state Delegate Elizabeth Guzman (D-Fauquier).
Guzman told WJLA that “It could be a felony, it could be a misdemeanor, but we know that CPS charge could harm your employment, could harm their education, because nowadays many people do a CPS database search before offering employment.”
Guzman, a social worker, went public with her plans to introduce the bill a week after The Daily Wire reported that a National Association Of School Psychologists official named Amy Cannava boasted that she was working with an unnamed state delegate matching Guzman’s description to craft such legislation. “I want to see a kid in a home with food and shelter and insurance and support, but I also don’t want to lose kids to death,” Cannava said, adding that “I will not deny the fact that I have put parents in their place in my office or at school.”
Cannava is also affiliated with a group called the Pride Liberation Project that said it would pick up trans and gay teens who didn’t like their parents, and “work with other supportive adult organizations in the region to find you someone who can provide you a kind and affirming home.”
A similar bill was quietly introduced in 2020 by Guzman and four other Democrats immediately after they took control of the legislature in the 2019 elections. It redefined the term “abused or neglected child” to include one whose parent “inflicts, threatens to create or inflict, or allows to be created or inflicted upon such child a physical or mental injury on the basis of the child’s gender identity or sexual orientation.”
The sole Senate sponsor of the 2020 bill was Joe Morrissey, who served prison time for contributing to the delinquency of a minor after sleeping with his teenage secretary. He accepted a plea deal after initially being indicted on possession of child pornography and other charges.
You know who else hates rolling out the gay agenda to public schools? Muslims.
The only religious people the left is truly scared to offend are Muslims. Criticizing Muslims is completely off the table according to the left’s rules of engagement, so if Muslims are upset about something, the amount of twisting, back-bending, and acrobatics the left will perform in order not to offend them will be something to see.
So when hundreds of Muslim parents, upset at gay porn in the school libraries, showed up to a school board meeting in Dearborn, Mich., and it devolved into shouting and chaos with board members running away and gay protesters being chased to their cars, the fallout was absolutely hilarious. The headline in the Detroit Free Press after the event went haywire was “LGBTQ and Faith Communities Struggle for Unity.” BAHAHAHAHAHAHA. Can you imagine what the headline would have been if it were a Baptist church chasing gay protesters to their cars? “Fascist White Supremacist Book Burners Bash Gay Man in Parking Lot,” or “Rabid Religious Zealots Terrorize Gay Man Defending Right to Read,” or something equally terrible. I don’t know about you, but I’m enjoying this disaster.
Enjoy this thread and all the videos in it. I know I did.
Shouting between various factions as groups take over Dearborn public schools board meeting. Board members have left. Unclear if they are coming back or if meeting will restart. Heavy police presence. pic.twitter.com/XIMEqIRR1X
Problem: Too many Germans are voting for a rightwing party the left disapproves of. Solution: Ban it. Thank God banning other political parties in Germany has never had any negative consequences…
Speaking of things that could never possibly have any negative consequences, Balarus dictator and Putin toady Alexander Lukashenko decrees that all price increases are forbidden. Enjoys those coming goods shortages, Belarussians. (Hat tip: Stephen Green at Instapundit.)
Florida Surgeon General releases study showing heightened cardiac death rates for men ages 18-39 after taking the Flu Manchu mRNA vaccine. So Twitter banned him. Thou Shalt Have No Other Gods Before The Narrative. (They later reinstated him.)
Ukrainian troops shoot down a cruise missile with a MANPADS.
Alex Jones ordered to pay $965 million to Sandy Hook families. As I noted last week, Alex Jones is an unreliable loon, but that judgment seems excessive and punitive merely for running his mouth.
Remember: When it seems like grant money is handed out mainly to be raked off as graft, that’s only because it frequently is.
Federal officials are calling it one of the largest pandemic fraud cases in the country —which is quite a feat considering the billions stolen from the Paycheck Protection Plan and billions more stolen in Unemployment Insurance. But here we are: 49 people have been arrested in connection with the Feeding Our Future fraud case, and the list could be growing.
According to a Fox affiliate, “authorities alleged the massive fraud scheme took at least $250 million from the federal child nutrition program — money that was intended to help feed children during the COVID-19 pandemic.”
One of the more prominent names on the list of fraudsters, Mohamed Noor, is a community journalist and owner of a media company in Minneapolis. Noor was charged earlier this week for stealing federal money meant to help fee low-income families —nice guy, Mr Noor.
Moor is the owner of Xogmaal Media Group, one of the companies that fraudulently received and misappropriated Federal Child Nutrition Program funds.
Mohamed, who’s widely known as Deeq Darajo, was trying to flee the country to avoid prosecution —luckily, he was apprehended.
From The Sahan Journal:
Xogmaal used Feeding Our Future as a sponsor to receive federal funding for meals through the federal Child and Adult Care Food Program.
Federal prosecutors say Deeq Darajo is the cousin of Abdikerm Eidleh, a former Feeding Our Future employee who federal prosecutors allege took more than $3 million in kickbacks from food sites to enroll them in the Child Nutrition Programs.
The charges say a Feeding Our Future employee expressed concern about enrolling Xogmaal in the Child Nutrition Programs in February 2021.
“We took a lot of organization [sic] that don’t work with children or are advocate, [sic] I am just realizing that now,” an unnamed employee wrote to Feeding Our Future Executive Director Aimee Bock in an email, according to the charges. “For example Xogmaal is a TV show program. They have no interest with children. These are the things we need to clean up.”
“Bock still submitted Xogmaal’s application to the Minnesota Department of Education, which administers the Child Nutrition Programs for the state, according to the charges. Soon Xogmaal claimed to be feeding 1,000 children a day, seven days a week. By April 2021, Xogmaal claimed to feed 1,500 kids a day, seven days a week, according to the charges.”
But Xogmaal wasn’t feeding any children. Instead, Xogmaal received close to $500,000 in food-aid money —$387,000 of this was sent to shell companies controlled by Abdikerm.
FYI: This Mohamed Noor, Mohamed Muse Noor, does not seem to be the same as former police officer Mohamed Noor, who recently did time for manslaughter of an unarmed woman, or Democratic State representative Mohamud Noor.
You can’t tell your Noors without a scorecard.
But back to the Noor at hand, what sort of media company was Xogmaal? One focused on Somali issues, in the Somali language. Click on the contact us link, and you can see the fine attention to detail the firm displayed.
Nothing screams “quality” quite like “Lorem ipsum.”
I thought to myself “What are the odds that the people involved in this scam are making donation to Democratic candidates? I’m guessing pretty good.”
At least nine of the 48 people accused of defrauding the government of $250 million meant to feed hungry children have donated to Democratic officeholders in Minnesota.
The number is likely higher and Alpha News is working to confirm the identities of additional defendants.
Campaign finance records show 42-year-old Liban Yasin Alishire donated $2,500 in May of this year to the reelection campaign of Attorney General Keith Ellison.
Alishire listed Hoodo Properties as his employer, which was a shell company he created to purchase luxury items and real estate with money he stole from the government, according to an indictment.
Snip.
Liban Yasin Alishire
Attorney General Keith Ellison: $2,500 (5/27/22)
Abdinasir Mahamed Abshir
Sen. Omar Fateh: $1,000 (6/6/21)
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
Minneapolis Council Member Jeremiah Ellison: $600 (12/20/21)
Asad Mohamed Abshir
Sen. Omar Fateh: $1,000 (6/6/21)
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
Abdihakim Ali Ahmed
Sen. Omar Fateh: $1,000 (6/6/2021)
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
U.S. Rep. Ilhan Omar: $2,700 (3/31/2021)
Ahmed Abdullahi Ghedi
Sen. Omar Fateh: $1,000 (6/6/21)
Minneapolis Council Member Jeremiah Ellison: $600 (12/20/21)
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
U.S. Rep. Ilhan Omar: $2,700 (2/23/21)
Salim Ahmed Said
Sen. Omar Fateh: $1,000 (6/6/21)
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
Minneapolis Council Member Jeremiah Ellison: $600 (12/20/21)
Abdulkadir Nur Salah
Minneapolis Mayor Jacob Frey: $1,000 (7/26/21)
Minneapolis Council Member Jeremiah Ellison: $600 (12/20/21)
Abdikadir Ainanshe Mohamud, previously served on Mayor Frey’s community safety working group
Minneapolis Mayor Jacob Frey: $1,000 (7/26/21)
Abdi Nur Salah, former aide to Mayor Frey
Minneapolis Mayor Jacob Frey: $1,000 (7/27/21)
Hmm, it’s like all of them have something in common…
If you see “community activists” committing fraud, it’s a good bet that donations to Democrats are not far behind.
California is (still) broke, Stacey Abrams is (still) not very bright, Joe Biden tried to deal gas to the commies, and the FBI can’t be bothered to investigate such trivia as “sex crimes involving children.” It’s the Friday LinkSwarm!
Remember how the State of Texas came in with record revenues and a $27 billion surplus? Well, the flip side is California, which just saw 11% personal income tax revenue drop. Funny how chasing away productive taxpayers through punitive taxation and insane over-regulation isn’t a recipe for success…
Republicans on the House Oversight and Reform Committee have obtained bombshell documents proving that Joe Biden was deeply involved in the family business of selling American natural gas to the Chinese–while he was planning to run for President. According to multiple whistleblowers, the Biden family made promises to those who worked with them in 2017 and onward that they would “reap the rewards in a future Biden administration.” These explosive revelations “pose national security concerns,” Oversight Republicans proclaimed Tuesday night.
The Biden clan enriched itself by selling the natural resources to a Chinese firm closely affiliated with the Chinese Communist Party (CCP)—just a few years before the cost of gas in the United States hit record highs, the Oversight Republicans stated.
In a letter to United States Treasury Secretary Janet Yellen, Rep. James Comer (R-Ky.), the ranking Republican on the Oversight Committee, alleged that according to whistleblowers, Joe Biden was heavily involved in this treachery.
“This comes to light at a time when the cost of natural gas is at a 14-year high and Americans struggle to pay their energy bills,” Comer wrote in the letter to Yellen. “The President has not only misled the American public about his past foreign business transactions, but he also failed to disclose that he played a critical role in arranging a business deal to sell American natural resources to the Chinese while planning to run for President.”
Comer sent a letter to Yellen in July complaining that the Treasury Department was restricting access to over 150 Suspicious Activity reports (SARs) on Hunter Biden, amid explosive revelations that came out from Biden’s “laptop from Hell,” and iPhone.
On Sept. 2, 2022, the Treasury Department stated in a letter to Committee Republicans, that the SARs may be provided “upon a written request stating the particular information desired, the criminal, tax or regulatory purpose for which the information is sought, and the official need for the information.”
In response, Comer said that “based on the documents provided in this letter, we request all SARs from Biden family transactions, including those involving President Biden, related to transactions with Chinese entities. We are concerned that the President may have compromised national security in his dealings with the country most adverse to U.S. interests—China. These SARs will inform our analysis of this matter.”
Comer said Oversight Republicans have obtained a “presentation” emailed to Hunter Biden’s firm Hudson West III LLC (Hudson West) on December 13, 2017. The document, translated from Mandarin Chinese, is titled, “Overview of the U.S. Natural Gas Industry Chain, and is concerned with selling American natural resources to China.”
“Jiaqi Bao, who created the presentation, was previously an employee of the CCP, and worked for Hunter Biden’s corporate entity Hudson West,” the letter states.
Comer provided Yellen with two maps that were part of a presentation emailed to Hunter Biden. The maps include sophisticated analysis written in Chinese, and show the United States carved up based on natural gas reserves “with particular emphasis on Pennsylvania, Louisiana, Texas, Oklahoma, and Wyoming.”
“The emails that accompany the transmitted maps reveal a plan to sell natural gas reserves to China via the same corporate entity branded on the presentation-Hudson West III LLC (Hudson West)–set up by Hunter Biden with officials from the Chinese company CEFC, at the time, one of the largest oil companies in China,” the letter stated.
I have only skimmed this dog's breakfast of a complaint, but what popped out at me for the parts I looked are were the lack of damages allegations, much less ones against NY, the plaintiff. You cannot sue if you did not suffer a loss. None are pleaded in the parts I looked at. 3/
So, the initial motion to dismiss will not be heard before the midterm – the real mission was accomplished by filing suit in time to influence the election, but not so early that this garbage case could be tossed out before the election.
FBI investigations of child sex abuse claims are no longer a priority with all these conservatives and Trump supporters they need to prosecute for WrongThink…
Of all big American cities, San Francisco seems to have had the longest, closest look at what happens when you let the radical left wing of the Democratic Party run your city for decades on end. A half century of Social Justice has turned San Francisco into a literal shithole filled with drug-addicted transients shooting up and defecating on city streets.
Now shop owners in the Castro District, the heart of gay San Francisco, have reached the breaking point and are threatening to withhold taxes unless something is done.
Business owners in San Francisco’s Castro district have absolutely had it with the city’s inaction over burglaries, vandalism, and violent homeless people camping on the sidewalks in front of storefronts and residences.
As the American Thinker’s Olivia Murray notes:
San Francisco has an established reputation as a capital for fringe culture and leftism, much of which converges in the enclave of Castro. The first “Drag Queen Story Hour” event ever took place in the Harvey Milk Memorial Branch Library in the neighborhood and was “well received.”
Now, under Democrat leadership, the iconically left community is ready to take drastic measures toward radical American patriotism. Three days ago, the San Francisco Chronicle reported:
For years, business owners in San Francisco’s Castro district have complained to city officials that homeless people struggling with mental illness and drug addiction have wreaked havoc on the neighborhood. Now, merchants say the situation has gotten so bad that they’re threatening to possibly stop paying city taxes and fees.
The threat arises from a letter drafted and sent to city officials by the Castro Merchants Association on August 8. According to co-president Dave Karraker, if the calls are neglected, the response will be civil disobedience, including refusal to pay taxes.
Karraker said:
If the city can’t provide the basic services for them [businesses] to become a successful business, then what are we paying for? You can’t have a vibrant, successful business corridor when you have people passed out high on drugs, littering your sidewalk.
No, no, you can’t, which is why conservatives suggest not incentivizing criminality and drug use, nor electing D.A.s who hail from domestic terrorists and despise law and order like Chesa Boudin.
First a school board revolt over Critical Race Theory, now a Howard Jarvis-esque tax revolt among business owners over the crime and disorder the radical left has inflicted on San Francisco.
The good news is that if a tax revolt can happen in San Francisco, it can happen anywhere. The bad news is, it took 58 years of uninterrupted Democratic Party rule for citizens to reach their breaking point. (San Francisco’s last Republican mayor left office on January 7, 1964. Since then, Democrats (including the Reverend Jim Jones) have had complete control.)
As the infection of Social justice has metastasized throughout the Democratic Party, even the most basic, fundamental aspects of city governance (enforcing the law, maintaining public order, protecting life and property) have become ideologically impossible to maintain.
To have one-party Democratic rule in your city is to ensure its eventual destruction.
The House on Thursday passed the bipartisan Chips and Science Act, which aims to increase domestic production of computer chips to allow the U.S. to become more competitive against China in the global technology market.
The bill passed the House in a 243-187 vote one day after passing the Senate in a 64-33 vote. The legislation now heads to the desk of President Joe Biden.
Biden called the passage of the bill on Thursday “exactly what we need to be doing to grow our economy right now.”
“Today, the House passed a bill that will make cars cheaper, appliances cheaper, and computers cheaper,” Biden said. “It will lower the costs of every day goods. And, it will create high-paying manufacturing jobs across the country and strengthen U.S. leadership in the industries of the future at the same time.”
Twenty-four Republicans voted to pass the measure, despite Republican leadership making a last minute push to discourage GOP lawmakers from supporting the bill. GOP leaders sought to keep the bill from passing after news broke on Wednesday that Senator Joe Manchin (D., W. Va.) had reached a deal with Democratic leaders on a nearly half-a-trillion dollar spending package targeting energy and climate, health care, and increased taxes on the wealthy.
Snip.
The measure includes $39 billion to “build, expand, or modernize domestic facilities and equipment” for semiconductors, $2 billion to specifically manufacture semiconductors and $11 billion for Department of Commerce research and development.
“Research and development” is no doubt going to be a rich conduit of graft to Democratic Party cronies having nothing to do with semiconductors.
For reference, $29 billion is probably just enough to build two state-of-the-art 300mm chip fabrication plants.
As I’ve argued before, the reasoning behind the bill is specious and it won’t result in a single new chip being fabbed in the next two years.
The most recent stats I can find show that the United States has some 47% of the semiconductor market. We (and Taiwan, and South Korea) are kicking China’s ass in semiconductors.
The chips China make are generally either: A.) Cheap, or B.) intended for their internal market. No one sends cutting edge chips to be fabbed in China because they don’t have the tech to do it and everyone know they’ll steal your designs and crank out knock-offs on the sly whenever possible. China’s semiconductor industry is mostly smoke and mirrors all the way down.
Semiconductor subsidies have all the hallmarks of a classic Washington boondoggle: The wrong action at the wrong time for the wrong problem.
Second, the shortage wasn’t the result of a “chip shortage,” it was the result of “a lack of available foundry wafer starts.” Automakers cancelled their orders for display drivers when it looked like Flu Manchu lockdowns were going to depress the economy for a while, and were caught off-guard by the V-shaped recovery under Trump, and got sent to the back of the line to get their product fabbed after they changed their mind. Remember, just about all foundries are running flat-out 24/7/365, pausing only to switch to different chips for different customers. There’s no slack in the system, and those wafer starts are already spoken for (and possibly paid for) by other customers well in advance. Just as nine woman can’t give birth to a fully grown baby in one month, you can’t just “make chips quicker” in an existing fab.
Third, remember that cutting edge semiconductor fabs are hideously expensive. Moore’s second law states that the cost of a new, cutting edge semiconductor plant doubles every four years. Samsung’s planned fab in Taylor, Texas is going to cost $17 billion.
Fourth, nothing about these subsidies will address the real problem with American semiconductors, which is that the overwhelming majority of cutting edge chip designs have to flow through TSMC fabs in Taiwan. What will solve that problem is TSMC opening a state-of-the art fab in Arizona in 2024. No amount of U.S. taxpayer money will make that already-under-construction fab start producing chips any quicker.
Could these subsidies boost American semiconductor manufacturing 2-3 years from now? Possibly. Knowing the cycling nature of the industry and the tendency of government subsidies to backfire, new/upgraded fab lines might come online just as the industry is experiencing a glut.
But the real key to restoring America to the cutting edge of semiconductor manufacturing is the already-in-progress inshoring of cutting edge foreign owned fabs from Samsung and TSMC, and having American semiconductor manufacturers like Intel and GlobalFoundries master sub-10nm chip fabrication processes, something they have heretofore been unable to do. (Intel is closer, having been on the cutting edge until they lost their way, while GlobalFoundries stopped all development on their 7nm node because they couldn’t find a way to make the investment pay off.)
Throwing buckets of budget-busting borrowed taxpayer money around isn’t going to make any of those things happen any faster.
Paying people not to work makes them worse off, Democrats sleepwalk toward disaster, another would-be assassin of a Republican congressman walks away without bail, more Democratic judicial officials who refuse to obey the law, and a disturbing number of pedophiles in our school systems. Welcome to a special Saturday LinkSwarm!
The “experts” didn’t expect it to turn out this way. An experiment conducted by Harvard University and University of Exeter social scientists found no-strings-attached handouts harmed low-income recipients rather than help them.
Funded by an anonymous nonprofit, the study centered on an experiment in which 2,073 low-income people were randomly selected to receive a single, unconditional cash transfer of either $500 or $2,000. Another 3,170 low-income study subjects received no money from the study.
The experiment was conducted from July 2020 to May 2021. On average, the subjects were earning roughly $950 a month while receiving another $530 in food stamps and other government benefits. A little over half were unemployed and 80% had children.
Over a 15-week period, participants were periodically surveyed about their financial, physical and mental health. Across a wide range of financial and non-financial attributes, researchers found no positive effects on those who received free money — but plenty of negative ones.
For a few weeks, people who received the extra money spent more than the control group — $182 a week for the people who received $500, and $574 a week for the ones given $2,000.
The additional spending didn’t bolster their financial health. The handout recipients reported the same rate of overdraft fees, late-payment charges and cash advances as did those who didn’t receive the extra money. And it was all downhill from there. The handout recipients reported:
Less earned income
Less job satisfaction
Lower work performance
More financial stress
Less liquidity
Worse sleep
Worse physical health
More anxiety
More loneliness
The Wall Street Journal’s Allysia Finley writes:
“It’s no surprise that people who received a large percentage of their monthly income for doing nothing were less motivated to work and less satisfied with their work.
Earning a paycheck can give workers a sense of personal agency that encourages them to make better financial and health decisions. Receiving a handout may do the opposite.”
The editors of The Economist beg the Democratic Party’s leaders to “wake up” to the fact that they’re about to get demolished in the upcoming midterms. Politico reports that, “The gubernatorial race in Pennsylvania has begun to look more competitive than either party expected.” The Economist blames the loud voices of the hard-left fringe, and warns that Democrats must “moderate, or die.” But this is just about the least likely moment for centrist Democrats to launch a new fight against the Alexandria Ocasio-Cortez types, and Democrats won’t have that fight until a midterm thrashing forces them to — and even then, Democrats may well choose to learn the wrong, but more comforting lessons, from a sweeping defeat.
The editors of The Economist, sensing an impending midterm blowout and the ensuing empowerment of a Trump-friendly GOP, beg the Democratic Party’s leaders to distance themselves from their fringe elements:
Fringe and sometimes dotty ideas have crept into Democratic rhetoric, peaking in the feverish summer of 2020 with a movement to “defund the police”, abolish immigration enforcement, shun capitalism, relabel women as birthing people and inject “anti-racism” into the classroom.
Snip.
First, out of all the possible times for the leaders of the party and its centrist members to embrace a fight with their hard-left grassroots, four months before Election Day is perhaps the worst time. Right now, Democrats desperately need progressives — the Bernie Bros, the Squad fans, and your crazy Aunt Edna with the Ruth Bader Ginsburg prayer candles — to turn out in November; they’re disappointed enough with Joe Biden already. The future of Senators Raphael Warnock of Georgia, Catherine Cortez Masto of Nevada, Maggie Hassan of New Hampshire, and Mark Kelly of Arizona depends upon frustrated and impatient progressives in those states.
Second, rebuking the fringe Left is going to be difficult, and few people embrace difficult change until they hit bottom. Nobody likes admitting that they got something wrong, and nobody in politics wants to admit that their approach didn’t work — until after they’ve paid a high price at the ballot box.
The disappointing results of 2020 were clearly not enough. Shortly after the election, Representative Abigail Spanberger of Virginia seethed about her party’s left wing: “Tuesday was a failure, it was not a success. . . . If we don’t mean defund the police, we shouldn’t say that. . . . And we need to not ever use the word ‘socialist’ or ‘socialism’ ever again. Because while people think it doesn’t matter, it does matter, and we lost good members because of that. If we are classifying Tuesday as a success from a congressional standpoint, we will get f***ing torn apart in 2022.”
Do the Democrats seem more centrist and results-focused now than they did in 2020?
Democrats can’t rebuke their social justice warrior radicals because the shock-troops of that “fringe” has taken control of vast swathes of the party machinery. The SJW faction is willing to endure electoral disaster as along as it lets them sieze full control of the party machinery and thus all the spigots party patronage.
How bad is it? Ruy Teixeira, whose “emerging Democratic majority” thesis is is so central to Democratic administrations refusing to enforce border controls, is leaving the Center for American Progress because it’s gotten too radical.
Ruy Teixeira, a prominent scholar at the left-leaning think tank Center for American Progress (CAP), is leaving his job for a conservative organization because of liberals’ obsession with race, gender and other identity issues, according to Politico.
The obsession with identity politics at CAP made it difficult for him to do work involving class and economics, he told the outlet, so he’s leaving for the conservative think tank American Enterprise Institute. Left-leaning think tanks have given in to demands of junior staffers and made it difficult for scholars to discuss crime, immigration and other issues beyond a narrow set of default assumptions, according to Teixeira.
The culture within left-leaning organizations “sends me running screaming from the left,” Teixeira told Politico. “It’s just cloud cuckoo land … the fact that nobody is willing to call bullshit, it just freaks me out.”
Attack a Republican congressman? Enjoy your Get-Out-Of-Jail-Free card. “A 43-year-old man [David G. Jakubonis] accused of attacking Representative Lee Zeldin (R., N.Y.) with a sharp object at a campaign stop in upstate New York on Thursday evening was charged with a felony and released from custody just hours after his arrest, police said…Jakubonis was charged with attempted assault in the second degree and was released on his own recognizance.”
The groomer plague is not your imagination. “At least 181 K-12 teachers, principals, and staff have been arrested for child sex crimes in the United States so far this year.”
“Self-Proclaimed Socialist Judge in Harris County Facing Removal by Judicial Conduct Commission. Judge Franklin Bynum allegedly ordered the sheriff not to collect DNA samples required by law and repeatedly dismissed domestic and family violence cases for no probable cause.”
Cost of living index for cities worldwide. Weirdly, Austin is still pretty affordable in relation to purchasing power compared to most of the world. Also weirdly, New York City is the index city…
Gascón’s prosecutors sued him so they could “charge repeat offenders to the fullest extent of the law.” The DA wants to appeal in front of the California Supreme Court:
In June, the Second Appellate District Court upheld portions of a lower court’s injunction that said Gascón cannot refuse to charge three-strike cases, which can dramatically increase prison sentences for some of the most serious repeat offenders.
Gascón is hoping to have the court’s order overturned, arguing that it is “draconian,” creates “a dangerous precedent” and amounts to “taking the charging decision out of a prosecutor’s hands.”
“The district attorney overstates his authority,” the Second Appellate District ruling reads. “He is an elected official who must comply with the law, not a sovereign with absolute, unreviewable discretion.”
Don’t the peasants know that laws are for the little people?
Good. “San Francisco’s New DA Goes On Firing Spree After Voters Recall Soros-Backed Predecessor…”The new district attorney in San Francisco fired at least 15 employees from the prosecutor’s office after her left-wing predecessor Chesa Boudin was recalled last month.
“Charlene Carter, a flight attendant who had worked at Southwest Airlines for 20 years but was fired in 2017 because she had publicly opposed the use of her union dues to fund pro-abortion protests, has now won a $5.1 million lawsuit against both Southwest and her union.” Good. Coerced speech violates the First Amendment. (Hat tip: Sarah Hoyt at Instapundit.)
Beto O’Rourke gets a $1 million donation from George Soros. Well, at least that’s $1 million that won’t go toward burning down small businesses and defunding the police. Also, remember how Democrats are always saying they want to get money out of politics? They never mean it.
Daily Mail online carried a headline on the 8th of June: Healthy young people are dying suddenly and unexpectedly from a mysterious syndrome – as doctors seek answers through a new national register.
This is SADS – an acronym that stands for Sudden Adult Death Syndrome – and according to the Royal Australian College of GPs, it occurs most commonly in people under 40. This is properly scary; I don’t mind telling you. Healthy young people are going to their beds of an evening and not waking up ever again, or otherwise going about their everyday business and dropping dead, for no identifiable medical reason.
The best anyone in the health professions can apparently do is describe it as mysterious, baffling even, that there are people under 40 dropping in their traces for no known cause. At the same time, around the world, there have been reports of many hundreds of sports men and women dying suddenly and unexpectedly in the past year – super fit individuals uniquely focused on their own health – keeling over dead, often on the field of play.
Here at home we have had updated information campaigns about how important it is to be aware of the incidence of heart attacks and strokes. It has been deemed appropriate to remind us as well that heart attacks are not unknown in children. It’s almost as if we’re not to be unduly alarmed by the sight of passers-by dropping to their knees and clutching at their chests. Elsewhere there is a poster campaign about a rise in the number of cases of shingles. The small print on the posters mentions shingles may strike people with lowered immune systems. Fancy that.
Deaths have been attributed by coroners to the Covid vaccines. The numbers are disputed, but people have died on account of the jabs. That much at least is undeniable. Around the world there are millions of cases of alleged adverse reactions to the jabs – lives severely compromised in some cases. I won’t get into the numbers, because those are always disputed too – but the facts remain. People are dying.
The elephant in the room here is the Covid-19 vaccines – and again I make no apology at all about banging on about this topic week after week. The push to move on, to leave all talk of Covid and pandemic behind us, is palpable and, I would say, downright sinister. I am nowhere near ready to move on – not while there is still so much we do not know, so much we are not allowed to say, think and ask.
We are told all about Covid 19 – and all manner of ways in which it might affect health long after a person has recovered from the initial infection. But as well as the pandemic, the other momentous arrival among us – indeed in just the past year and a half – is the biggest mass vaccination campaign in the history of the world – vaccination with products that had emergency approval, but in my opinion are experimental and for which no long-term data is available – on account of their being brand new and just out of the box.
Billions of people around the world have submitted to the procedure. In a coercive and bullying atmosphere created by politicians and the media, that was mandatory in feel, if not in fact, unknown and unknowable numbers of people did so simply to keep their jobs, to get on a plane and go on holiday or to a gig – and yet in the midst of one report after another of otherwise unexplained sudden deaths in the past 18 months or so, the only emergent variable, the only new thing in the world that we are not allowed to discuss, absolutely not allowed to discuss far less point accusatory fingers at, is the mass vaccination programme.
Again, I ask the question I posed at the top of this piece – are we stupid? Or are we just being treated as if we’re stupid? Which is it?
Sri Lanka was a product of that government following, you know, the the madness of [World Economic Forum] inspired policies: Net Zero, the stripping of fertilizers, and all the rest of it…wholesale strife, collapsing crops and all the rest of it. You would think in a sane world the politicians in each of the countries would respond to the people, but I suspect they won’t. We saw something similar in Canada with the trucker’s freedom convoys, but look what happened there. Obviously Justin Trudeau was was told to get a grip of that situation. He clamped down on it violently, arrested bank accounts and took away the funding for that movement.
Bit on Sri Lanka skipped.
I think what you’re looking at in The Netherlands, for example, is the deliberate dismantling of the land owning class. 85% percent of the of the land in The Netherlands is held by farmers, and has been for generations, and that’s an inconvenient situation for globalist leftist politicians who’ve got other ideas for the land, which is specifically to build houses to cope with the with the levels of immigration that are going on. They’ve empowered themselves the politicians to help themselves to 30 percent of the Dutch farmer’s land, and surprise, surprise! Just as I suspect you would or I would, if the government came into our homes and said they were taking 30% everything we had we owned and had worked for, the farmers have said no…It’s a blatant land grab.
It gets harder and harder to ignore the intent by by leftist globalist governments to return us to some form of feudalism. All these people like us owning property, owning homes, living lives independent of the state. You know what the intention is there, to take people’s independence away. Take away their property, take away the land, and if you control the farmland, you control the food. And if you control the food, you control the people. So you can plainly see what the agenda is.
One need not agree with every one of Oliver’s conclusions to agree that the pattern he deduces, of elites acting against the best interests of the countries they govern and the people they ostensibly serve, seems very real.
President Biden’s Department of Justice appears to be rebuilding a dubious money chain known as “settlement slush funds.” The Obama DOJ used these funds to channel cash from corporate settlements to bankroll private progressive organizations, circumventing the budget and oversight authority of Congress.
On May 5, Attorney General Merrick Garland revoked a Trump-era rule that specifically prohibited the DOJ from directing funds from corporate settlements to finance third-party organizations and causes. The use of these so-called settlement slush funds became so rampant under the Obama administration that the House passed the Stop Settlement Slush Funds Act in 2017 in an attempt to end it. A similar bill was introduced in the Senate but failed to pass.
Under the Obama Justice Department, corporate fines were directed to organizations including the Sierra Club, the National Community Reinvestment Coalition, and the National Council of La Raza.
So payoff to the left, payoff to the left, and payoff to the left.
Through arrangements known as Supplemental Environmental Projects (SEPs) and third-party payments, corporations could have their fines reduced if they paid money to organizations that, although not victims in the DOJ suit, were nonetheless approved as beneficiaries.
In addition to reducing fines, these arrangements also gave penalized companies a tax deduction for their charitable contributions, which bought corporate support for the practice and prevented legal challenges. There were hundreds of such arrangements under the Obama administration.
The most notable cases include Volkswagen’s settlement of its emissions cheating scandal, which included a requirement that VW spend $2 billion to build electric filling stations. The Obama administration had twice requested these funds from Congress and been denied, so it used the VW settlement to fund the project instead. Of the $2 billion that VW paid, $800 million went to the state of California.
Settlements with Wall Street banks after the mortgage crisis also featured payments to progressive groups that were favored by Obama’s DOJ. A 2017 congressional hearing revealed internal DOJ memos regarding these settlements, one of which was addressed to then-Associate Attorney General Tony West, asking: “Can you explain to Tony the best way to allocate some money to an organization of our choosing?” Another DOJ email stated that the settlement with Citibank, which included third-party payments, should “not allow Citi to pick a statewide intermediary like the Pacific Legal Foundation,” which the official said “does conservative property-rights free legal services.”
You can’t let anyone else get their fingers in the pie you’re trying to get your crony’s fingers into.
Third-party settlement payments include no provision to track where the funds went, how they were being used, or if they achieved the goals the DOJ intended when arranging the payments.
The DOJ itself was not forthcoming with information regarding these payments. Although the congressional investigation began in November 2014, the report noted that “for over a year, DOJ provided none of the requested internal communications pertaining to the controversial settlement provisions.”
The House Judiciary Committee, however, obtained emails from the president of one of the organizations that received donations from settlement funds, the National Association of Interest On Lawyer Trust Accounts (IOLTA) Programs, stating, “I would like to discuss ways we might want to recognize and show appreciation for the Department of Justice and specifically Associate Attorney General Tony West, who by all accounts was the one person most responsible for including the IOLTA provisions [in the settlement].”
In response, the executive director of the Hawaii Legal Aid Foundation, another recipient, wrote that he “would be willing to have us build a statue [of West] and then we could bow down to this statue each day after we get our $200,000.”
In order to stop this practice, in June 2017 then-Attorney General Jeff Sessions enacted what has become known as the “Sessions Rule,” prohibiting third-party settlements at the DOJ. Immediately upon assuming office in January 2021, however, President Biden directed his administration to review this rule, which his DOJ has now rescinded.
“The fact that they’re spending resources on getting rid of an anti-corruption regulation shows that they intend to engage in the corruption that the regulation was intended to prevent,” said Ted Frank, senior attorney at the Hamilton Lincoln Law Institute. “It’s a good way to avoid voter accountability, and it gives power to the DOJ that Congress didn’t give them. They can direct hundreds of millions or even billions of dollars to pet causes.”
Of course they will. The Democratic Party and its vast panoply of left-wing fellow travelers are corrupt, parasitic institutions that can only thrive when they suck the lifeblood out of taxpayers.
The only surprise here is that it took over a year for the Biden Administration to give their cronies the greenlight to stick their snouts back into the trough.
