The Schumer Shutdown continues, “No Kings” rallies turns out to be a shuffling parade of elderly white dorks, Ukraine continues destroying Russia’s oil infrastructure, that Dutch chip company seizure has bigger ramifications than I anticipated, Canada wants to steal people’s homes, an NBA gambling scandal erupts, and you have a chance to buy a painting from the Iron Lady Collection.
Senate Democrats killed a bill proposed by GOP Sens. Ron Johnson (WI) and Todd Young (IN) that would have paid government essential workers during the extended shutdown.
It failed 54-45. It needed 60 votes to advance.
Only Democrat Sens. John Fetterman (PA), Raphael Warnock (GA), and Jon Ossoff (GA) voted with the Republicans.
“Democrats have voted down the stopgap bill 12 times.”
“How Did California Spend Billions on Homelessness Only for It to Get Worse? Two New Criminal Cases Offer a Clue.” Honestly, the first sentence supplies its own answer even without the second.
How did California manage to spend $24 billion in taxpayer money to address homelessness over the past years, only for the problem to get substantially worse?
The state has not offered any explanation since that figure was revealed in a state audit released earlier this year. But the arrest of two California men on Thursday suggests that at least some of the money may have been stolen through fraud.
Cody Holmes, the former chief financial officer at a downtown Los Angeles-based developer of affordable housing, was arrested on a federal criminal complaint charging him with mail fraud. In a separate case, Steven Taylor is accused of defrauding lenders to aid his property-flipping business. He is charged with seven counts of bank fraud, one count of aggravated identity theft, and one count of money laundering.
The arrests come as part of a larger federal investigation into homelessness funding fraud in the Golden State.
“Accountability begins today,” said acting U.S. Attorney Bill Essayli when he announced the arrests on Thursday. He said the two cases are part of a pattern of the larger misappropriation of billions in state funds meant to combat homelessness.
An audit released by the state in April revealed that California has spent more than $24 billion over the past five years to address the state’s homelessness crisis. The acting U.S. attorney formed a Homelessness Fraud and Corruption Task Force earlier this year to investigate where those tax dollars have gone.
“The two criminal cases announced is only the tip of the iceberg and we intend to aggressively pursue all leads and hold anyone who broke any federal laws criminally liable,” Essayli said.
Holmes, 31, is accused of fraudulently obtaining $25.9 million in state grant money for Shangri-La Industries, the developer of affordable housing for which he served as CFO. That money was intended to be used to purchase, construct, and operate homeless housing in Thousand Oaks under a state project called “Homekey.”
Holmes allegedly knowingly submitted inflated, fake bank records to the California Department of Housing and Community Development (HCD), to falsely prove the company had the capacity to fulfill homeless housing projects. However, authorities say the bank accounts that Holmes said contained these funds did not exist.
Holmes is now accused of using more than $2 million in state grant money to pay credit card bills that he was associated with, including purchases at luxury retailers.
HCD had previously paid millions of dollars to Shangri-La to buy, build, and operate housing for the homeless in Redlands and King City, among other California cities.
If convicted, Holmes faces up to 20 years in federal prison.
Meanwhile, Taylor, 44, is accused of using fake bank statements and false cash representations to obtain loans and lines of credit to operate his real estate business from August 2019 to July 2025.
The Brentwood man is also accused of lying to lenders about his intended use of various properties. He allegedly lied to the lender behind his purchase of a Cheviot Hills property, telling the lender he intended to renovate and use the property himself. However, he apparently had already contracted to sell the property, which he bought for $11.2 million thanks to a loan acquired through the use of fake bank statements. He was contracted to sell the property to a homeless housing developer who was purchasing the property with public funds from the city of Los Angeles and the state of California for $27.3 million in a double-escrow transaction hidden from the victim lender and others.
If convicted, Taylor would face up to 30 years in federal prison for each bank fraud count, up to ten years in federal prison for the money laundering count, and a two-year prison sentence for the aggravated identity theft count.
I’m sure this is only the tip of the Homeless Industrial Complex iceberg…
Speaking of homeless industrial complex fraud: “FBI raids homes of Charlotte activist Cedric Dean in health care fraud investigation.”
The FBI raided the home of Cedric Dean, a well-known community activist in Charlotte’s Palisades neighborhood, on Thursday.
The search is part of a federal investigation into an alleged multi-million dollar health care fraud scheme, according to federal court documents released to Queen City News.
A spokesperson for the FBI confirmed on Thursday that agents were “engaged in court-authorized investigative activity,” but did not offer further details.
Court documents obtained by QCN reveal that Dean and his company, Cedric Dean Holdings, are accused of fraudulently billing Medicaid for mental health services that were never provided. Investigators said Dean targeted vulnerable people, including those experiencing homelessness, in exchange for their Medicaid information, offering food or temporary shelter in return.
Dean allegedly submitted inflated or false claims to Medicaid, sometimes using fake diagnoses, and paid staff and recruiters through services like CashApp. Authorities said his company billed roughly $1 million per month and operated without enough staff to actually provide care.
“They’ve lost culture… Calling someone a Democrat is an insult,” Travis noted, adding “Calling someone a Kamala voter is an insult. This is white, black, Asian, Hispanic: young men across America are over the BS that they saw at this No Kings rally.”
“Look at the dance. These are huge dorks. They have no power. They are losers. No one wants to hang out with them,” Travis continued, pointing to the event as emblematic of the party’s disconnect.
“They’re old, 1960s protesters who now are on the side that they used to protest against. They don’t realize that the world has shifted around them and they are awkward lunatics,” he further emphasized.
No Kings? They don’t mean it, as they rebranded as “No Tyrants” in countries with monarchies.
“Ukraine hit Russia’s Novokuybyshevsk refinery in Samara, one of Rosneft’s key plants, processing 8.8M tons of crude annually, about 3% of Russia’s total refining capacity,” some 1,000km from Ukraine.
Hamas is carrying out the terms of the ceasefire every bit as well as you would expect. “After Attack on Troops, Israel Hits Hamas Terror Targets in Gaza BBC. Hamas carried out ‘multiple attacks against Israeli forces beyond the yellow line.'”
Israel struck terrorist targets in southern Gaza after Hamas terrorists attacked its troops located inside the agreed ceasefire line, violating the U.S.-brokered agreement. “The Israel Defense Forces (IDF) carried out airstrikes in the Rafah area on Sunday morning in response to violations of the ceasefire by Hamas,” the Israeli TV channel i24NEWS reported.
In response to Hamas’s action, the Israeli military targeted terror tunnels used in the sneak attacks. “Earlier, an IED or anti-tank explosion struck near an IDF engineering vehicle in the same area,” the broadcaster added. “Reports from Gaza indicate the strikes targeted Hamas positions shortly after the terror group fired an anti-tank missile at IDF forces.”
Trump’s genius wasn’t getting an agreement that would bring lasting peace for all time, it was getting the remaining living hostages out before Hamas inevitably violated the ceasefire.
“Palestinian illegal alien arrested by FBI for participating in October 7th terror attack.” “The complaint described the man, identified in court documents as Mahmoud Amin Ya’qub al-Muhtadi, as an operative for a paramilitary group in Gaza that has fought alongside Hamas.” Naturally, the media refers to him as “Louisiana Man.”
“Haitians who replaced American workers in tiny Pennsylvania town will be unemployed as factory shuts down.” “Many of these migrants were employed by a meatpacking plant known as Fourth Street Barbecue, also operating under the name Fourth Street Foods. They displaced native-born workers, drained local resources, and wired their paychecks overseas to third-world countries.”
One day after German tabloid newspaper Bild reported that Volkswagen had suspended production of the Golf at its Wolfsburg factory due to a worsening semiconductor shortage caused by a supply stoppage of Nexperia chips, the Dutch chipmaker, recently seized by the Netherlands government, warned Japanese automakers on Thursday that it may no longer be able to guarantee chip supply. The chip crisis spreading from Europe to Japan has set off alarm bells across the industry.
Bloomberg reports that the Japan Automobile Manufacturers Association (JAMA) has confirmed that its members, Toyota, Nissan, and Honda, have received warnings from Nexperia about chip supply woes and are working with customers to mitigate disruptions.
JAMA cautioned that chip shortages could have a “serious impact” on global auto production and urged governments to reach a “prompt and practical solution.”
“The chips manufactured by the affected manufacturers are important parts used in electronic control units, etc., and we recognize that this incident will have a serious impact on the global production of our member companies,” JAMA wrote in a statement, adding, “We hope that the countries involved will come to a prompt and practical solution.”
There’s something weird going on here. Any global manufacturing giant worth it’s salt should have second-source contingency plans for such lowly parts as semiconductor discretes. Even in Europe, there are other discrete manufacturers like Infineion and STMicroelctronics. Somebody (or a whole lot of somebodies) dropped the ball here.
“In just 7 minutes, thieves allegedly mounted a ladder, stole priceless jewels from the Louvre and fled on motor scooters.” No painstaking disarming of the alarm system? No sophisticated computer intrusion? No hanging from a cable to avoid triggering the floor alarm? Just smashing windows and cases with brute force? The ghosts of a century’s worth of French screenplay writers sigh in disappointment…
Welcome to Richmond, British Columbia, a suburb of Metro Vancouver.
This is a letter the city sent to residents to notify them that their home might belong to the natives who once camped there 200 years ago.
Please take note that the recent BC Supreme Court decision of Cowichan Tribes v Canada, 2025 BCSC 1490 made some very important decisions which could negatively affect the title to your property. A briefing paper prepared by City of Richmond staff is attached for your reference.
If you look at the draft map attached to the briefing, your property is located within the Claim Area outlined in green. For those whose property is in the area outlined in black, the Court has declared aboriginal title to your property which may compromise the status and validity of your ownership – this was mandated without any prior notice to the landowners. The entire area outlined in green is claimed on appeal by the Cowichan First Nations.
Snip.
A liberal female judge issued an 863-page ruling ordering that private properties, some of which have been in families for generations, must return to the hands of a nomadic tribe that once loosely lived on the land hundreds of years ago, long before anyone who is currently alive was ever born.
This matter was so important to the judge and other liberal allies that it was the “longest trial in Canada’s history.” It is also seen as setting a precedent for confiscating property across the nation.
Now you know why the radical left keeps pushing those bullshit “land acknowledgements.”
A tenured professor at the University of Texas at Austin says he was dismissed from his senior administrative post due to “ideological differences,” marking the latest shake-up in Texas’ statewide effort to reform higher education and curb campus DEI influence.
Last week, Art Markman posted that UT leadership had dismissed him in late September as academic affairs senior vice provost.
Climate activist David Bookbinder admits its a shakedown. “Essentially, the tort liability is an indirect carbon tax. You sue an oil company, an oil company is liable, the oil company then passes that liability on to the people who are buying its products.”
NBA gambling scandal: “ESPN is reporting the arrest of Portland Trail Blazers head coach Chauncey Billups. Also arrested: Terry Rozier, guard for the Miami Heat.”
Billups, an NBA Hall of Famer, has been charged with partaking in an alleged illegal poker ring tied to the Bonanno, Genovese and Colombo crime families, sources told The Post.
A total of 31 people across the country are charged with running rigged games, which took place in Manhattan, the Hamptons and Las Vegas, sources said.
The players involved were being paid by mobsters to play in card games fixed with technology and card shuffling machines to give the house the advantage, sources familiar with the case said.
The athletes were told to take a dive when they had to and win when they were told. It didn’t appear as if they were attempting to pay off any debts, sources said.
Rozier is being charged with point-shaving.
Director Blue has a lot more details about the mob guys running the games, and the sophisticated technologies used, like special contact lenses to read marked cards, cryptocurrency money laundering and x-ray tables.
The Critical Drinker walks through every Disney Star Wars film, how much they cost, and how much they made or lost. Since they received substantial tax credits for filming in the UK, they evidently had to submit real numbers rather than the usual Hollywood Accounting bullshit. The Force Awakens evidently cost $638.9 million to make, which would probably rank it as the most expensive film of all time.
In the wake of the social justice madness that metastasized across America in the Biden years, a whole lot of things past generations took for granted now have to be spelled out. Things like: “There are only two sexes, male and female, biologically determined before birth.” Or “official government discrimination based on race is wrong.” Or “facial tattoos are not an advantage when seeking gainful employment.” Add to that list “Only American citizens should be allowed to vote.” You would think that would be a given, but blue states like Minnesota are handing our driver’s licenses like candy and accept that as proof of citizenship for voting. Texas Attorney General Ken Paxton, along with a lot of other state AGs, is trying to do something about it.
Attorney General Ken Paxton has joined with 13 other states in support of a rulemaking petition that would require proof of citizenship to register to vote in federal elections.
Paxton filed a multistate comment with the U.S. Election Assistance Commission (EAC) backing a petition by America First Legal Foundation (AFL) to amend federal voter registration regulations. The proposed change would tighten election integrity rules under the National Voter Registration Act by mandating documentary proof of U.S. citizenship on federal voter registration forms.
“It’s imperative that only eligible U.S. citizens are registering and voting in our elections,” Paxton said. “Free and fair elections are the cornerstone of our Republic, and every illegal vote dilutes the voice of law-abiding American citizens. We must require proof of citizenship to protect the voice of the true American people, which is why I’m leading this national coalition in supporting AFL’s rulemaking petition.”
The filing argues that the current voter registration process—based on self-attestation of citizenship—fails to adequately safeguard voter rolls from ineligible registrations.
Paxton and the coalition of attorneys general urged the EAC to revise its regulations to allow states to verify citizenship status more effectively and maintain accurate voter lists.
Paxton also referenced President Donald Trump’s Executive Order 14248, Preserving and Protecting the Integrity of American Elections, issued earlier this year. The order directs federal agencies to strengthen election security and prevent unlawful voting.
Snip.
The attorneys general of Alabama, Arkansas, Georgia, Idaho, Indiana, Iowa, Kansas, Louisiana, Nebraska, Ohio, South Carolina, South Dakota, and West Virginia joined Paxton.
Again, that only citizens should vote in American elections should go without saying. But even here in Texas, a state with strong voter ID laws the state government tries to actively enforce, over 2,000 non-citizens were registered to vote.
After running its entire list of more than 18 million voters through the SAVE database, Texas has identified 2,724 potential noncitizens who are registered to vote in the state.
Secretary of State Jane Nelson announced Monday that her office had completed a full comparison of the state’s voter registration list against data in the U.S. Citizenship and Immigration Services’ SAVE database.
SAVE (Systematic Alien Verification for Entitlements) is an online service for government agencies to verify the immigration status and naturalized/acquired U.S. citizenship of applicants seeking benefits or licenses.
“Only eligible United States citizens may participate in our elections,” stated Secretary Nelson. “The Trump Administration’s decision to give states free and direct access to this data set for the first time has been a game changer, and we appreciate the partnership with the federal government to verify the citizenship of those on our voter rolls and maintain accurate voter lists.”
Nelson announced in June that Texas had become one of the first states to partner with USCIS to compare its voter list with SAVE data. In its initial review, the agency found 33 potential noncitizens who may have voted illegally in the November 2024 election and referred them to the Office of the Attorney General.
In a state that had 18.6 million registered voters in 2024, 2,724 may seem like a tiny sum. But Texas is a deep red state that takes voting fraud very seriously. How many orders of magnitude worse is the situation in blue states where Democrats have actively destroyed safeguards with the explicit goal of getting more illegal aliens registered to vote?
Ever since Steve Adler and the Austin City Council voted to let drug addicted transients camp on Austin streets, the city has been a magnet for sturdy beggars across the state They flocked to Austin to “party,” a situation only partially cured by reinstating the “camping” ban. After proposition B, the larger homeless camps were cleared, but smaller ones continued to exist around the city.
Texas Governor Greg Abbott has been more than critical of the move from the very beginning, threatening state action to clean up Austin’s mess:
Look at this insanity caused by Austin’s reckless homeless policy.
All state-imposed solutions are on the table including eliminating local sovereign immunity for damages and injuries like this caused by a city’s homeless policy.
According to this press release, Abbott is finally following through on his threats.
Governor Greg Abbott today announced an operation dedicated to making Austin safer and cleaner by relocating homeless individuals and removing encampments in and around the capital city and state property.
“Texans should not endure public safety risks from homeless encampments and individuals,” said Governor Abbott. “Weapons, needles, and other debris should not litter the streets of our community, and the State of Texas is taking action. I directed state agencies to address this risk and make Austin safer and cleaner for residents and visitors to live, travel, and conduct business.”
The operation, led by the Texas Department of Public Safety (DPS) in close coordination with the Texas Department of Transportation (TxDOT), the Texas State Guard, and the Texas Department of Criminal Justice (TDCJ), has led to a cleaner, safer Austin.
Homeless individuals violating state law or local ordinances will be arrested and debris created by homeless encampments will be removed. Since the operation began late last week, Texas has arrested numerous individuals for a variety of criminal offenses, and removed firearms, drug paraphernalia, and encampments from public areas across Austin.
Since the operation began late last week, The State of Texas has:
Removed 48 encampments
Removed over 3,000 pounds of debris
Arrested 24 repeat felony offenders
Seized over 125 grams of narcotics
During the camp cleanup operations, ten subjects have been found to have outstanding warrants. Several of these individuals were identified in their warrants as being armed and dangerous and exhibiting violent tendencies. One subject was wanted out of state for Aggravated Escape from Custody. Additionally, 24 of the subjects arrested were identified as repeat felony offenders.
This is good news, and getting any repeat felons off the streets makes things safer for law-abiding Austinites. There are a few news stories on the cleanup, but none that I can see with any more details than are in the governor’s press release. In particular, I’m not seeing a map of those 48 cleared camps. I haven’t traveled around to see if the (generally very small) homeless camps in northwest Travis and southern Williamson counties have been cleared, but I suspect they haven’t.
Though, what do you know, the City of Austin has announced they’re doing homeless camp cleanups as well “according to a memo from Director of Austin Homeless Strategies and Operations David Gray.”
“According to another memo obtained by KXAN regarding results from the first day of that surge, the city cleaned up 46 encampments and visited 29 more for outreach Monday. ‘Most people agreed to leave voluntarily, and staff connected several people to shelter and/or additional services.'” Well, if they’re in the shelter, it’s easier for the Homeless Industrial Complex to rake money off them. I also wonder if they’re just double-counting the sites state troopers already cleared.
Alder and the Austin City Council’s foolish policies put Austin in a deep hole in terms of dealing with the drug-addicted lunatics lured here. It will probably take more homeless site cleanups before they move elsewhere.
That’s quite a depth and breadth. Supposedly these will be replaced by “V Model” handguns in short order.
Here’s GlockStore’s Lenny Magill, who I think broke the news:
“As of November 30th, Glock is going to discontinue all models, Gen 3, 4, 5, everything except for the slimline guns are going to be discontinued and replaced with what they call the new V model.”
“Glock says this is all about an improved trigger and improved slide, but the reality of it is is uh these changes will prevent the Glock from accepting a switch that will convert it to full auto.”
One gun guy I know thinks it might be a response to a lot of lawsuits against Glock. I think a big contributing factor is California literally outlawing Glock guns in a law signed just even days ago.
California Gov. Gavin Newsom has signed a law banning sales of one of the most popular types of handgun in the U.S.
Assembly Bill 1127, authored by state Assemblymember Jesse Gabriel, D-Encino, and state Assemblymember Catherine Stefani, D-San Francisco, received the governor’s signature on Friday, Oct. 10.
The law bans new sales of “semi-automatic handguns that can be easily converted to a fully automatic machine gun with the use of a simple ‘switch,'” according to a statement from Gabriel’s office.
It covers handguns manufactured by Glock, as well as similarly designed pistols, that use a “cruciform trigger bar,” which lawmakers said makes them easily convertible to fully automatic fire.
The law, which takes effect on July 1, bars firearms dealers from selling Glock-style handguns.
The NRA has already sued California over the law, and there’s a decent chance it won’t stand up to post-Bruen scrutiny.
While significant news, this probably isn’t cause for Glock fans to panic, as I suspect Glock is already ready to start producing the new model V guns. I wouldn’t panic-buy what is about to become old stock right now, but you might keep an eye out for sales on current models you like. And you could also use the news as an excuse look at new models from some of Glock’s competitors…
Another off-year local and Texas Constitutional Amendment election has snuck up again, and early voting for it started today.
Let’s take a look at those amendments and whether you should vote for or against them. And, what do you know, Texas Scorecard has already done a roundup incorporating analysis from of Texans for Fiscal Responsibility, True Texas Project, Texas Policy Research, and Texas Eagle Forum. There’s a lot of unanimity, with a few notable exceptions. Scorecard’s links are to the bill’s legislative tracking page, but I’ve drilled down slightly deeper to link to the actual text of the bills in question.
Proposition 1 (SJR 59): Creating funds to support the capital needs of educational programs offered by the Texas State Technical College System.
TFR: Oppose
TTP: Oppose
TPR: Oppose
TEF: Oppose
My analysis: Texas higher education has done a poor job with the money they’ve already been allotted, and shouldn’t get big new piles of it, especially until the taint of social justice has been completely eradicated from the system. My recommendation: Oppose.
Proposition 2 (SJR 18): Banning taxes on the realized or unrealized capital gains of an individual, family, estate, or trust.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: This is a preemptive strike against the loony left idea of taxing unrealized capital gains, an absolutely insane idea guaranteed to discourage investment and destroy the economy. My recommendation: Support.
Proposition 3 (SJR 5): Denying bail under certain circumstances to persons accused of certain offenses punishable as a felony.
TFR: Neutral
TTP: Support
TPR: Oppose
TEF: Oppose
My analysis: This amendment has the most split verdict of any of them. Conservatives see law and order breaking down in blue cities thanks to Democrat judges letting repeat felons out on trivial bonds. Libertarians see this measure as possibly violating due process rights. But the problem we’re seeing on places like Harris County stem from letting criminals walk rather than too many innocent citizens being denied bail. My recommendation: Support, but I expect any gains in keeping more dangerous repeat offenders off the streets will be minimal as long as those same (frequently Soros-backed) Democrat judges are in office.
Proposition 4 (HJR 7, enabling legislation HB 16): Dedicating a portion of state sales and use tax revenues to the Texas water fund and to provide for the allocation and use of that revenue.
TFR: Oppose
TTP: Oppose
TPR: Oppose
TEF: Oppose
My analysis: Water is a largely local issue, and should be handled at the local level, not using a statewide slush fund. My recommendation: Oppose.
Proposition 5 (HJR 99, enabling legislation HB 1399): Exempting from ad valorem taxation tangible personal property consisting of animal feed held by the owner of the property for sale at retail.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: For those outside of Texas, most food you buy in a grocery store here isn’t taxed (save junk food like candy, etc.). This adds animal feed to the sales tax exemption list, which will help out Texas farmers. My recommendation: Support.
Proposition 6 (HJR 4): Prohibits the Legislature from imposing an occupation tax on certain entities that enter into transactions conveying securities or imposing a tax on certain securities transactions.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: This makes sure that security trading venues like the new Dallas Stock Exchange don’t get hit with transaction taxes that would drive them away. My recommendation: Support.
Proposition 7 (HJR 133): Providing for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a veteran who died as a result of a condition or disease that is presumed to have been service-connected.
TFR: Support
TTP: Oppose
TPR: Support
TEF: Neutral
My analysis: Another split decision. While theoretically an extension of the war widow exemption, it gets off into the weeds, especially when it specifies that the surviving spouse cannot have remarried. My recommendation: Neutral.
Proposition 8 (HJR 2): Prohibiting the Legislature from imposing death taxes applicable to a decedent’s property or the transfer of an estate, inheritance, legacy, succession, or gift.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: If we could fund the entire government off death and land taxes instead of income taxes, I could get behind that. But that’s not the world we live in. Texas doesn’t have an estate or inheritance tax, and doesn’t need one, and that fact provides incentive for wealthy individuals in state that do have those (New York and Illinois among them) to move here. My recommendation: Support.
Proposition 9 (HJR 1, enabling legislation HB 9): Exempting from ad valorem taxation a portion of the market value of tangible personal property a person owns that is held or used for the production of income.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: This is a big, welcome jump from the current $2,500 exemption, and will help small businesses keep more of their own money. My recommendation: Support.
My analysis: Stands to reason you shouldn’t be taxed for property that burned down, but this seems oddly specific. Maybe it’s a result of the screwage that California property owners are getting after the Pacific Palisades fire. My recommendation: Support.
My analysis: Interestingly, the institutes oppose this because it isn’t broad-based tax reform. True, but I favor it because you can’t let the best slay the better, and because I’ll be eligible for it entirely too soon. My recommendation: Support.
Proposition 12 (SJR 27, enabling legislation SB 293): Relating to the authority of the State Commission on Judicial Conduct, the tribunal, and the Texas Supreme Court to more effectively sanction judges and justices for judicial misconduct.
TFR: Neutral
TTP: Support
TPR: Support
TEF: Support
My analysis: This effectively removes two seats appointed by the Texas State Bar Association and replaces adds those seats to those appointed by the governor. Bar Associations all across the country have been infected by social justice, and this removes another potential infection vector. My recommendation: Support.
My analysis: Once again the think tanks are bellyaching that this isn’t the broad-based elimination of the property tax they wanted. Get over it, and don’t let the best slay the better. And this one will benefit me personally. My recommendation: Support.
My analysis: Important cause, but let individual institutions and foundations pay for the research on this, not create a state-run slush-fund for the connected. My recommendation: Oppose.
My analysis: This is to head off those radical leftists that declare that children belong to the state, and those states using that power to oppose transsexual madness on children behind parent’s backs. True Texas Project opposes it because it doesn’t think it should even have to be stated, but a lot of obvious things now have to be spelled out thanks to the madness of social justice here in the crazy years. My recommendation: Support.
Proposition 17 (HJR 34, enabling legislation HB 247): Providing an exemption from ad valorem taxation of the amount of the market value of real property located in a county that borders the United Mexican States that arises from the installation or construction on the property of border security infrastructure and related improvements.
TFR: Support
TTP: Support
TPR: Support
TEF: Support
My analysis: This just means that property owners can’t be taxed extra for the border wall. My recommendation: Support.
First a caveat that this video channel has a lot of “Russia is done for” content, so this video, being more in that line, deserves several grains of salt. But it makes a compelling case that Russia’s repeated Baltic provocations have now handed Denmark the legal means, reason and will to completely shut down Russia’s shadow fleet, and thus their last real economic lifeline.
“The blow that will finish off Russia is being dealt in an office in Copenhagen, hidden in the cold lines of an environmental law. Denmark has proven that the ghost shadow fleet Russia established to launder billions of dollars in oil revenues is not only an environmental killer, but also a secret base for drone attacks targeting NATO capitals.”
“With intelligence provided by Denmark, the 18-year-old tanker Boracay linked to Russia was seized by French commandos off the coast of Breast last week. It was reported that the ship was believed to have been involved in a recent drone attack on Copenhagen airport.” “Attack” is probably slightly overstating the case, but “illegal incursion of sovereign airspace” isn’t.
“From this moment on, Denmark moved to lock the Baltic Sea to Russian tankers.”
“On October 6th, the Danish government announced that it was tightening environmental and security inspections of oil tankers, especially old and high-risk vessels passing through its waters or anchored at Skagan Red, an important port between the Baltic and North Seas. However, this goes far beyond a simple security inspection. Danish Industry Minister Morten Bodskov was even more outspoken, saying, ‘We must put an end to Putin’s war machine.'”
“This also applies to the Russian shadow fleet. Authorities will now board and inspect ships that cannot be considered to be on a peaceful voyage, including those that are anchored. In other words, this decision allows Danish forces to raid any ship they suspect.”
Discussion of St. Petersburg, Kalinigrad, and how oil from Russia’s Siberian fields flows there for export snipped, as I’m pretty sure all my readers are familiar with this by now.
The Danish straits, “consisting of the Skagarak and Katagat, is Russia’s economic lifeline and at the same time its weakest link. This is precisely the weak link that Denmark is targeting.”
“In 1974, [the] Helsinki Convention [was] signed as a measure against the Baltic Sea’s increasing industrial pollution. A rare example of cooperation between the Eastern and Western blocks at the time, this agreement aimed to protect the Baltic Sea’s ecological balance. The agreement gave the signatory countries, including Denmark, the authority to [intervene] against ships passing through their waters that posed a serious threat to the environment.”
“According to real-time oil market data from financial agencies like Bloomberg, daily oil exports via the Baltic route were generating an average of $250 to $350 million in revenue for Russia. This revenue stream is now being systematically dismantled. This translates to a massive $10 billion monthly black hole or delay in the Russian federal budget.” Remember that the entire Russian yearly budget for 2024 was estimated to be $357 billion, so that would equal about 1/3rd of Russia’s entire budget.
“This was an inevitable consequence of NATO placing the region under an iron dome, forcing Russia into a corner and prompting reckless counter moves.”
“The Western Alliance, which turned the Baltic Sea into a strategic NATO lake with the participation of Finland and Sweden, did not leave this doctrine on paper. It backed it up with concrete and formidable military power that would prevent Russia from even breathing.”
“The most frightening symbol of this power was the world’s largest warship, the nuclear aircraft carrier USS Gerald R. Ford, and its accompanying strike group, which docked on the British coast in August 2025 and anchored in the North Sea. This 100,000 ton floating fortress, carrying more than 90 F-35 and F/A-18 Super Hornet fighter jets stood just west of the Danish Straits like a nuclear shield, preventing Russia from embarking on any military adventure.”
“But it was not alone. It was accompanied by the HMS Diamond, a type 45 destroyer belonging to the British Royal Navy and one of Europe’s most advanced air defense ships, and the FGS Hessen, the German Navy’s most modern frigate. This deadly trio supported by NATO standing Maritime Group 1 effectively trapped the Russian Baltic fleet in its bases in Kalinigrad.”
Snipping a description of various NATO flying assets, most of which (save the B-2) are probably flying overlapping NATO air patrol missions most of the time.
“In September 2025, NATO air radars sounded the alarm repeatedly. On September 22nd, German Eurofighter jets and on September 25th, Hungarian Gripen jets were forced to intercept Russian Su-30 and MiG-31 fighter jets flying over the Baltic and dangerously approaching civilian flight routes.”
“These were the desperate struggles of a cornered bear. As military provocations increased, the concrete dangers posed by the shadow fleet reached a level that could no longer be ignored.”
“According to a shocking report published just this week on October 5th, 2025, by the Danish Defense Intelligence Service, FE, Danish helicopters and ships patrolling the Danish Straits were repeatedly targeted by Russian warships using radar lock. This constitutes an extremely dangerous military provocation, implying that the next step could be firing. The report clearly stated that these actions were a hybrid warfare tactic aimed at applying pressure without crossing the line into armed conflict.”
Section on Russia and China’s undersea cable and pipeline sabotage snipped.
The final straw: “Russia was using civilian tankers belonging to its shadow fleet as launch platforms for kamikaze drone attacks on targets in Europe.” Again, see caveat above.
“Acting on this intelligence bombshell, the French Navy launched a breathtaking helicopter operation on the tanker Borachai sailing in the Bay of Bisque on the morning of September 30th.”
“A search of the ship’s cargo hold revealed at least six explosive-laden kamikaze UAV launchers hidden inside special containers tucked between oil tanks.”
“This was irrefutable concrete evidence that Russia had used a civilian ship for a military attack against a NATO country.”
“This chain of evidence, these accumulated provocations, and this final brazen move were the ultimate trigger that spurred Denmark into action, transforming that 50-year-old environmental law into a national security weapon.”
“Here, Denmark is putting the 1974 Helsinki Convention, Helcom, and International Maritime Law on the table rather than imposing a military blockade, which would be a cause for war.”
“The new legal framework grants Danish authorities the power to stop, inspect, and block the passage of uninsured, old, and poorly maintained tankers identified as belonging to the Shadow Fleet.”
“The operation will proceed as follows. A vessel belonging to the Danish Navy or Coast Guard will approach a suspicious tanker and request an inspection. Inspectors boarding the vessel will check its compliance with international maritime standards, namely the SAS, Safety of Life at Sea, and MARPOL [International Convention for the Prevention of Pollution from Ships, 1973 as modified by the Protocol of 1978] conventions. It is known that almost all shadow fleet vessels do not meet these standards.”
“If it is determined that insurance policies are fake or insufficient, emergency equipment is not working, personnel are inadequate, or the structural integrity of the vessel is at risk, the vessel will be labeled unfit for passage and will not be allowed to proceed.”
“Following the Boracay case, these inspections will now also include checking for suspicious military modifications or illegal cargo on board.”
“This is not an actual seizure or military intervention. It is a completely legitimate, internationally legal and unavoidable bureaucratic strangulation operation. Russia’s objection to this inspection amounts to an admission that its own ships are rotten and dangerous.”
“This is a flawless legal checkmate that strikes Putin with his own lies.”
The video goes on to suggest that this will be the final straw of cascading failure that breaks the Russian economy. Maybe, but we’ve heard these arguments before.
Also skipping over the argument that if Russia can’t export oil, they have to shut the pipelines off and their Siberian oil infrastructure will freeze in the ground. Peter Zeihan has been making this argument for years as well, but knowing the Russians, they could just dig a big hole in the ground to temporarily dump their crude into to avoid that happening.
“This legitimate step taken by Denmark following the Boracay plot could be the spark that ignites the beginning of the end of the war, illuminating the path to the Kremlin’s collapse. Vladimir Putin lost this war, which he could not win with missiles and armies, to an anonymous bureaucrat holding a folder in Copenhagen.”
Maybe. It’s certainly going to cut one of Russia’s final hard cash pipelines. But Russia has defied expectations of imminent economic collapse for over three years now. At some point, Russia’s failed illegal war of territorial aggression will finally break the country, but no one on the outside has had a good track record of predicting when…
Kash Patel is following the money, and may soon release the answer to who’s funding and controlling domestic terrorists Antifa:
FBI Director Kash Patel tells Just the News that the bureau is “on the verge” of unmasking the command structure and financing for anarchist groups like Antifa that have unleashed unrest around America and has also identified potential new criminal activity related to the abuse of federal law enforcement and intelligence.
“We are looking at so many different leads on criminal activity by those who are in positions of power, and we’re not going to stop until every single one of those is fully exposed,” Patel said during a wide-ranging interview this week on the “Just the News, No Noise” television show.
When asked whether more indictments against those accused of weaponizing government may be ahead, he said: “the documents are provided either to Congress or the courts of law and we make every referral we can under the Department of Justice.
“These indictments that you’ve seen, and the ones that you’re going to see coming up here in this near future, are just the beginning,” he added.
The director, a close ally of President Donald Trump, has pressed his team to uncover tens of thousands of pages of documents long withheld from Congress that chronicle abuses by law enforcement and intelligence agencies in scandals spanning from Russiagate and Ukraine impeachment to the Jan. 6 Capitol riot and the raid of Trump’s Mar-a-Lago home in Florida.
Those documents have already led to the indictment of former FBI Director James Comey for allegedly making false statements to thwart Congress during an investigation of news leaks and the indictment Thursday of former National Security Advisor John Bolton for the mishandling of classified information.
Patel asked Americans to be patient, saying some of the abuses of a weaponized government were systematically built over many years and are complex to unravel.
“I have to remind the audience of one thing. Everybody’s like, it’s seven months. What have you guys been doing? Well, they spent 20 years building this diseased temple of corruption,” he said. “It takes a little bit of time to defeat it and beat it down. I’m not asking you to trust me. I’m asking you to look at the work the men and women of the FBI have done so far in these seven, eight months, and just imagine what we’re going to do come the year’s end.”
Patel said one area where the FBI has made rapid progress is the tracking of financing and command structures of anarchist groups like Antifa that have fomented unrest in American cities, attacks on Immigration and Customs Enforcement agents rounding up illegal immigrants and antisemitic movements on college campuses.
He said there are indications that some support may come from overseas enemies and U.S. nonprofit groups that have tax exemptions from the IRS.
“Look, the thing I can tell you is that money doesn’t lie, and the thing we’re doing at the FBI is following the money,” Patel explained. “And thanks to President Trump, we now have Antifa designated, rightfully so, as a domestic terror organization. And we have had multiple investigations going on.”
Patel said those probes are “mapping out the money, and we are using social media and the influencers that the President had here just this last week, because they’re the ones on the ground, getting us ground level intelligence, because law enforcement isn’t able to enter these spaces, and these people are brave enough to do it.”
Here’s Glenn Beck breaking down the various moving parts of Antifa, from the foot soldiers to the funders:
If you’ve been following the story on BattleSwarm (see here and here, just for starters), a lot of the names (George Soros, Tides Foundation, Alliance for Global justice, Open Society Foundations, ActBlue, etc.) are familiar, though he’s missing Arabella Associates, and Fidelity and Schwab are going to be a shock for some.
“Look, I’m I am not accusing anyone here. I’m just saying this is pretty much off the top of my head. I’m just showing the connections that have a very strong odor attached to them. And I’ve followed these people long enough to know this is the way it works.”
I’m hoping Patel has enough evidence to decapitate all the hydra heads once and for all.
President Trump does the impossible by bringing peace to the Middle East, France continues to circle the drain, Ukraine continues to wreck Russia’s oil infrastructure, a look at gamed crime statistics, another monthly budget surplus, and stories of various corrupt Americans taking Chinese money.
It’s the Friday LinkSwarm!
President Trump once again confounds his critics by doing the impossible. “All Living Israeli Hostages Return Home.”
Hamas finally released the remaining 20 living Israeli hostages on Monday, ending two years of captivity as part of a cease-fire deal that requires Israel to release hundreds of Palestinian prisoners.
The hostages, taken during the brutal October 7, 2023, attack against Israel, were reunited with their families. In Tel Aviv’s Hostage Square, a public square that became the focal point for protests and rallies over the last two years, thousands gathered to celebrate their return, cheering, waving flags, and holding up signs. Tens of thousands of Israelis also watched the return at public viewings across the country.
After the Israeli hostages, all men under 50, were freed, Israel began releasing 1,900 Palestinian prisoners, who were greeted by cheering crowds as they were bussed into the West Bank. Of the 1,900 prisoners, 250 were serving life sentences on murder and terrorism convictions, and 1,700 had been detained since October 7.
Israeli troops will be escorting four deceased hostages from the Gaza Strip back to Israel, according to Israeli military. The return of deceased hostages is part of the cease-fire deal. The timeline on when the remaining 24 deceased hostages will be returned back to Israel, however, is still unclear.
Israeli Prime Minister Benjamin Netanyahu vowed that he was “committed to this peace” in a speech to the Knesset, the Israeli parliament.
Netanyahu was followed by President Trump, who received a standing ovation from Israeli lawmakers as he took the podium.
Weird how the Israeli Knesset gave standing ovation after standing ovation to Literally Hitler…
When your beat is the whole wide world, from Ukraine to Syria to Taiwan to India, the news is almost never as good as it is today. So, let’s savor today’s images of the Israeli hostages finally reunited with their families. The Israeli hostages were held 296 days longer than the Iranian regime held the American hostages in 1979-1981.
It’s understandable if you thought you would never see this headline: “Last 20 living hostages return to Israel.”
It is a spectacular breakthrough, and yet not every Israeli taken by Hamas is home yet, as our Jessica Hornik notes:
There are some two dozen hostages who are deceased. Among them are two American-Israelis, Itay Chen and Omer Neutra. Some of the dead were murdered by Hamas on October 7, their bodies taken into Gaza. Others were murdered in captivity. As part of the agreement, Hamas must return all their remains. The Chen and Neutra families, and all the families of the dead, may finally be able to bury their loved ones.
This is likely the greatest day of Trump’s second term, so far. The Israelis are thrilled and are effusively singing the president’s praises:
Addressing US President Donald Trump at the Knesset, Opposition Leader Yair Lapid lauds the American leader for saving “millions from the horrors of war,” stating that he has “done the unimaginable.”
“Mr. President, you have saved the lives of our hostages. But you saved so much more. You have saved the souls of the bereaved whose loved ones now will be brought home for burial, you have saved thousands of soldiers who will not fall in battle, and you have saved millions from the horrors of war. You have saved far more than one life, and each life is an entire world,” Lapid declares in the Knesset plenum ahead of Trump’s address to the body.
“When you were elected, you declared that you would be ‘the President of Peace.’ You have kept your word. The fact that you were not awarded the Nobel Peace Prize is a grave mistake by the committee — but they will have no choice, Mr. President. They will have to award it to you next year,” Lapid says.
So how did Democrats celebrate the ceasefire they’ve been demanding for so long? Obviously they didn’t.
Way back on October 11, 2023, New York City Council Member Tiffany Cabán called for a cease-fire between Israel and Hamas. Now, at that point, Hamas had just massacred civilians in 21 communities, killing 1,195 people including 38 children. The Israel Defense Force had barely begun its retaliation for the atrocity, but the answer in the mind of Cabán was clear: Everyone should stop shooting and accept a permanent cease-fire. To some of us, this sounded like allowing Hamas to get a free shot at Israelis and then preventing the Israelis from hitting Hamas back.
Two days later, on October 13, a then-little known state senator by the name of Zohran Mamdani joined the call for a cease-fire: “Now is the moment for all people of conscience to call for a ceasefire and no more military funding.” The same day, another Democratic socialist state senator, Julia Salazar concurred: “A ceasefire is urgent. Please implore your federal elected officials to take every action they can to stop this from continuing.”
On October 28, 2023, Representative Alexandria Ocasio-Cortez joined her call. “Some may dismiss a ceasefire as naïve or worse. Yet who has a plan for what follows this destruction? What do we call that?”
Mamdani offered a statement on Twitter yesterday that declared “Today’s scenes of Israelis and Palestinians are profoundly moving” but also said that “we have watched as our tax dollars have funded a genocide.” At least Mamdani acknowledged that the cease-fire occurred.
AOC’s X feed had nothing about the cease-fire in the past few days. Nor has Cabán’s. Nor Salazar’s.
For two years, prominent leftist Democrats have been screaming their heads off to get a cease-fire between Israel and Hamas in the Gaza Strip, and now they’ve finally got one. But suddenly, it’s as if the issue just doesn’t interest them anymore. It’s like a Men in Black neuralyzer has wiped the issue of the Gaza Strip from their memories. It’s shameless, hilarious, and deeply revealing about how the Democratic Party perceives issues and America’s role in the world.
I’m not going to quote Jim Geraghty’s demonstration that Biden’s being “too pro-Israel” didn’t hurt Kamala Harris, because nobody outside the loony left believes that. Unfortunately for Democrats, the loony left is firmly in charge of their party’s foreign policy. Democrats can’t celebrate President Trump’s peace deal because they wanted Hamas to win.
Kurt Schlichter: “The Well-Deserved, Utter Humiliation of Palestinian Terrorists and Their Friends.”
There is a lot of rejoicing in America, Israel, and among normal people around the world about the peace deal in Gaza, but the Palestinian terrorist-huggers are heartbroken. And, of course, they should be. This isn’t really a peace deal. This is an utter capitulation, a total surrender by the losers of Hamas who have completely and utterly failed. They started a war and got their asses kicked, yet again. Their fight from the sewers, where they hid behind women and children, was not an example of brave resistance as they steadfastly endured victimhood. Every single misery that the Palestinians have suffered over the last two years was utterly deserved – in fact, they deserved much, much worse.
That’s why my beef with Israel is that it has been far too kind. Because of the unique aspects of Israeli politics and culture, and because Joe Biden’s puppet masters refused the total support America should’ve given, this absolutely necessary war has dragged on unnecessarily for two years. If I were in charge, this would’ve been over in November 2023, and the semi-human savages who started this war would use my name to scare children for the next hundred generations.
But I’m not in charge, nor are you, nor are any of us except the Palestinians and the Israelis. It’s those in charge who get to make the choices and bear the consequences. The Palestinians got here because they chose to continue a war they’ve been losing since 1948. The Israelis got here because they chose not to allow themselves to be murdered by the people who’ve been trying to kill them since 1948. But I’m not interested in history, not anymore. There’s a time to argue and there’s a time to fight, and it’s time to fight. But you can still see people, both smart and dumb, arguing about history all over the media, both mainstream and social, yet it doesn’t really matter. Certainly, the Israelis are right on the facts – it’s their land, both in terms of historical precedence and the more important fact of physical reality. The owner of the land is the guy who you can’t knock off it; that’s how history works. Here, history just happens to align with justice. The idea that Jews only turned up in the Holy Land in 1946 after Hitler failed to complete his Holocaust is utter nonsense, and people pushing it know that. They don’t care. History is just another weapon for them in their quest for actual genocide, like Kalashnikovs, flotillas of moronic Westerners, and suicide bombers. That it’s all a lie doesn’t matter to them in the least. Their idols are the people who invented Pallywood and made stars of the guys who would portray honor students, a doctors, and a future Nobel Prize winners who just happened to be murdered by the Israelis for no reason, and whose deaths – complete with subtle breathing by the ubiquitous thespians – just happened to be captured on video by their fake reporters.
The real weapon of Hamas, though, is the suffering of their own people. With it, and its documentation, both real and fraudulent, they hope to leverage the humanity of Westerners to get them to choose suicide rather than righteous resistance to Jihadi savagery. It doesn’t just work on millions of morally illiterate leftists – and some ridiculous idiots on the right – in America and Europe. It even works on some Israelis. The October 7 atrocities fell mostly on the leftist “peace” people in the Jewish state who were trying to show solidarity with the Palestinians by living adjacent to Gaza. They died at the hands of the people they wanted to be friends with, horribly, but that didn’t stop many on the Israeli left from trying to undermine the war. Some people will choose suicide over admitting they were wrong.
And what they were wrong about was considering the Palestinians a wonderful but misunderstood people. In reality, it is a broken and hideous culture, poisoned by radical Islam and the humiliation of being defeated again and again and again by the tiny Jewish outpost that would still be a barren desert if the Israelis had not made the desert bloom. The prosperity and freedom of Israel shame them in their squalor and despotism. It drives the hate that is central to their society. They train their little kids to be terrorists, and these little kids grow up to be terrorists. Mommy and daddy were so proud, delighted when their disgusting spawn called from the bloody kibbutzes to brag about killing unarmed Jews. As gruesome as the Hamas degenerates are, it wasn’t just Hamas. The Palestinians elected Hamas, and they still support Hamas. They got what they voted for.
You know who’s not pleased by President Trump’s Middle East peace success? The ChiComs.
One of the biggest losers in President Trump’s great, historic Middle East peace plan is Communist China.
Maybe that’s a reason for China’s petulant rare earths trade control circular it dropped on everyone last Friday, completely out of the blue.
Was that a Chinese temper tantrum heard around the world?
China wasn’t at the peace summit. Its horse lost.
For years, China was the biggest purchaser of Iranian oil, thereby financing the Iranian-backed terrorist war against Israel.
Iran was always the key — backed by China.
And that is why Israel’s Operation Rising Lion, the war with Iran in June, and the United States’s Operation Midnight Hammer on June 22, obliterating Iran’s nuclear facilities at Natanz, Fordow, and Esfahan — were so essential to the Trump peace plan.
Here’s what Mr. Trump said yesterday: “So we dropped 14 bombs on Iran’s key nuclear facilities. Totally, as I said originally, obliterating them.”
He added: “If we didn’t do that and assuming we made the same deal that we have today, there’d be a dark cloud over this deal.”
Mr. Trump concluded: “Some of the things I hated to do, I hated certain of the weapons. Because the level of power is so enormous. It’s so dangerous, it’s so bad. But we have to do what we have to do.”
So Iran was crushed. The use of American-Israel military force was crucial. Not Bidenesque appeasement, but Trumpian force.
Mr. Trump is working with Prime Minister Benjamin Netanyahu — the two great warriors saving democracy and freedom in the Middle East, in America, and around the world.
Yet China lost big also. Not only did it watch the judicious use of allied military force to decapitate Iran, but it’s also watching a new coalition of Middle East nations put together by Mr. Trump.
Out of this new coalition can come a Saudi-Israeli alliance, an expanded Abraham Accords, new business ventures to rebuild Gaza, and a whole new panoply of peaceful foreign policies, buttressed by new trade and investment.
China is not likely to be a player in all of this. Its influence is now almost at rock bottom — because its bet on Iran did not pay off.
No Nobel Prize for President Trump, theoretically because all his peace-making deeds fell after their previous deadline (that that that stopped them from ridiculously handing the award to Obama). Instead they gave it to Venezuelan dissident Maria Corina Machado…who promptly dedicated it to Trump.
A foreign-policy expert who had an advisory role with the State Department is being accused of stealing classified information and meeting with Chinese officials several times.
The Justice Department announced Tuesday the arrest of Ashley Tellis, a well-respected scholar specializing in Asia and India, for unlawfully possessing national defense information.
“We are fully focused on protecting the American people from all threats, foreign and domestic. The charges as alleged in this case represent a grave risk to the safety and security of our citizens,” said eastern Virginia U.S. Attorney Lindsey Halligan, an appointee of President Trump.
“The facts and the law in this case are clear, and we will continue following them to ensure that justice is served.”
Tellis was an unpaid adviser at the State Department and a contractor with the Department of War’s Office of Net Assessment, Fox News reported based on a Justice Department affidavit.
He is currently a senior fellow at the Carnegie Endowment for International Peace, a prominent foreign-policy think tank that opposes the Trump administration. Tellis published analysis for the think tank as recently as last week.
Those looking for data on the US budget deficit contained in the Monthly Treasury Statement had to wait a few weeks because of the government shutdown, but better late than never, and today at 2pm, the Treasury unveiled the US income statement for the just concluded fiscal year 2025. It was ugly, but not as ugly as it could have been and the month of September was outright impressive.
Starting at the top with the month of September, the numbers were surprisingly sold: total tax revenue of $543 billion were the highest since April (which is tax-collections month), a 3.2% improvement from a year ago, and pushed the 6-month moving average to a record high $496 billion.
As usual, the vast majority of govt receipts was in the form of individual income taxes ($298BN out of $544BN), with Social Security contributing about a 3rd of the total receipts and Corporate Income Taxes accounting for 11% or $62 billion of the total.
On the outlays side, here too there were notable improvements, with the US government spending only $346 billion, a sharp from from the $689 billion in August, and down a whopping 25% from the $463 billion last September. Even more remarkable is that the six month moving average of govt spending suddenly slumped from $604 billion – the highest since covid – to $573 billion, the lowest since June 2024. Yes, the improvement may be small, but every little bit helps and whatever Trump is doing to shrink govt spending is starting to show.
Snip.
A big reason for the stellar September surplus is that tariff collections continued apace, and in September the US government collected a record $29.7 billion in tariffs, which translated in a record $195 billion for the fiscal year. And since Trump’s tariff regime was only active for 6 of the past 12 month, expect tariffs to deliver about $350 billion in annual revenue every year, unless they are canceled.
Still a long way to go to actually balance the budget.
Data from my new Centre for Heterodox Social Science report, ‘The Decline of Trans and Queer Identity among Young Americans’, shows that since 2023 both trans and queer identification have dropped sharply within Generation Z.
The Foundation for Individual Rights and Expression (FIRE), which conducts a large annual survey of US undergraduates, polled over 60,000 students in 2025. My analysis of the raw data shows that in that year, just 3.6% of respondents identified as a gender other than male or female. By comparison, the figure was 5.2% in 2024 and 6.8% in both 2022 and 2023. In other words, the share of trans-identified students has effectively halved in just two years.
“Two Suspects Indicted on First Antifa-Related Terrorism Charges in Texas ICE Attack…A federal grand jury indicted Cameron Arnold and Zachary Evetts on Wednesday. The pair are charged with providing material support for terrorism, attempting to murder federal officers and assisting officers, and discharging firearms during attempted murders, according to the indictment, which was unsealed Thursday.”
Fiscally bankrupt, France is trapped in economic stagnation.
The immediate issue is the 2026 budget. Prime Minister Sebastien Lecornu resigned due to an inability to negotiate a budget for 2026. Still, President Emmanuel Macron and Lecornu insist that a path to a budget compromise remains possible. Time will tell. However, the political crisis is pushing up interest rates among the countries that make up the European Monetary Union. Through the European Central Bank, the Union backstops France’s sovereign debt. The crisis also weakened the euro relative to the United States dollar.
France’s major problem?
Any budget deal will be a fudge that fails to put France on a path to fiscal stability. France will continue to violate the fiscal deficit limits of the European Union. But France must reduce its annual fiscal deficit to 3% of GDP, or, at least, set a credible path to reaching that level. Next year, regardless of whatever budget agreement is reached, France’s fiscal deficit will exceed 5% of GDP. In addition, France is obligated by its EU membership to enact policies to reduce its total debt from the current 115% of GDP to 60% of GDP. Obviously, this will be impossible. So, expect fudges and more fudges for years to come.
The French left and populist right want to get rid of the 2023 reforms, which increased the national retirement age from 62 to 64. But repealing the pension reform legislation would increase the deficit by about $3.5 billion USD a year. At the same time, fewer people would be working, so tax collections would be lower. Fewer workers would mean slower economic growth. France is already experiencing an extended period of stagnation.
The other possible area of compromise is to implement a wealth tax on French citizens with a net worth of €100 million/$116 million USD or more. Again, proponents of a wealth tax say that the tax would raise to $23 billion USD a year, but mainstream economists say wealth taxes don’t work. The wealthy simply respond with legal tax avoidance strategies and migrate to lower tax jurisdictions.
The top line is that any budget deal will just delay the inevitable reckoning with financial markets and the ECB’s monetary authorities. At some point, the ECB will force France into austerity. Otherwise, France will drag down Europe’s economy, and France’s politics could actually jeopardize the European Monetary Union.
As France lurches from government to government in a political crisis engulfing President Emmanuel Macron, there has been one consistent beneficiary: Marine Le Pen and her far-right Rassemblement National party.
Hours after Macron’s third new prime minister resigned on Monday, Le Pen cast the RN not just as a party ready to govern but also capable of restoring stability to a nation in turmoil.
Snip.
The RN outflanks rivals from across the political spectrum in opinion polls and maintains a solid base of about a third of the electorate, though its lead has not grown exponentially even as it stands to gain from the chaos.
The populist party also has its own internal divides and problems — not least after Le Pen was barred from running for office for five years when she was convicted of embezzling EU funds. She is appealing against the verdict, with further proceedings scheduled for January.
Still, a series of errors by Macron, Le Pen’s opponent in the last two presidential run-offs, is helping her bolster the RN’s credibility, after a long-running effort to shed the racist and antisemitic legacy of her late father and party founder, Jean-Marie Le Pen.
Macron’s unexpected gamble to call a snap parliamentary vote last year in a bid to stem the RN’s rise backfired, leaving him well short of a majority, while the RN won its biggest ever haul of seats, 120 in the 577-strong lower house.
The French president’s subsequent attempts to break the deadlock by naming prime ministers from the centre-right or his own centrist camp — including Sébastien Lecornu, one of his closest allies — further amplified the crisis, with no premier able to stay in office for more than a few months and struggling to pass budgets.
France’s “centre-right” is probably to the left of Obama.
“It feeds the ongoing feeling that there’s a form of political elite that’s occupying positions of power, and in a totally disconnected way from the people, keep bringing back the same figures,” said Jean-Yves Camus, a political scientist at the Iris think-tank.
Snip.
The political damage from recent months is lasting.
Polling group Odoxa found last week that a third of those who voted against the RN in 2024 — heeding calls by Macron and French centrists to band together against the far-right — would not do so again.
“We found voters were really fed up with this idea of being told to vote against [the RN], they had a feeling they had been asked to do so to purely serve political interests,” Odoxa head Céline Bracq said.
Pollsters and analysts said the RN would at the very least do as well as last year in a new election, and would be one of the few parties set to increase its number of seats, even if the two-round voting system complicates predictions. Much would hinge on a left-wing bloc uniting or not.
Within the RN, however, party executives said they were readying for an outright majority if, as they hope, Macron is at some point forced to call another snap election. In that scenario, the president would have no other option than to appoint Le Pen’s right-hand man and party chief Jordan Bardella as prime minister.
“The RN has to get to Matignon,” said Edwige Diaz, an RN lawmaker, in reference to the prime minister’s official residence. “The people of France can’t take it anymore, they want change.”
Once again, gold and silver hit record highs. There is evidently a shortage of physical silver in London, which is helping drive prices.
They also hit Samara and Kstovo oil refineries, and a Samara substation near a railroad. “Kstovo was the first refinery targeted by Ukraine in the current campaign against Russian oil, hitting it on August the 2nd and again on October the 5th. So the third strike targeting this refinery…This is a big one, the fourth biggest in Russia with a 17 million ton capacity a year. This one alone represents 6% of Russia’s refining capacity overall.”
During last year’s presidential debate between Donald Trump and Kamala Harris, Trump said violent crime was rising. ABC moderator David Muir immediately fact-checked him, claiming, “President Trump, as you know, the FBI says overall violent crime is coming down in this country…”
Nearly every major media outlet echoed that narrative. National Public Radio ran the headline, “Violent crime is dropping fast in the U.S. – even if Americans don’t believe it.” The Wall Street Journal declared, “Violent Crime Rate Falls Sharply After Pandemic Surge.” Vox insisted, “Violent crime is plummeting.” Axios reported, “New data shows violent crime dropping sharply in major U.S. cities.”
However, a new Bureau of Justice Statistics report, which includes data through 2024, shows that Trump was right during the debate when he said, “Crime here is up and through the roof.” The National Crime Victimization Survey shows violent crime surged 59%, with rape and sexual assault up 67%, robbery up 38%, and aggravated assault up 62%. That’s the largest four-year increase in the survey’s 52-year history.
The contrast with Trump’s first term is stark. The NCVS data shows that between 2017 and 2020, violent crime fell 15%, including a 6% drop in robbery and a 24% decline in aggravated assault. Although rape and sexual assault rose slightly, the increase was less than 10% of what occurred under Biden.
The federal government tracks crime in two main ways. The FBI’s Uniform Crime Reports count the number of offenses reported to police each year. The Bureau of Justice Statistics’ National Crime Victimization Survey, by contrast, annually asks about 240,000 people living in the United States whether they were crime victims. The latter method captures both reported and unreported incidents.
Last year, the media focused almost entirely on the FBI data.
Before 2020, the FBI and Bureau of Justice Statistics trends generally moved in tandem. Since then, they’ve diverged sharply: The FBI reports fewer crimes, while more Americans say they’ve been victimized. Unreported crime was always a factor – and the reasons for it vary. They range from people reluctant to report being victimized by loved ones to a simple aversion by undocumented people to involve themselves with the criminal justice system. In recent years, however, another factor appears to have skewed the FBI data: the breakdown of law enforcement in this country. When people believe police won’t catch or prosecutors won’t punish criminals, they’re simply less likely to report crimes. Between 2010 and 2019, victims reported 63.3% of violent crimes to police. In the last three years, that number plummeted to 48.8%. Arrests fell as well – from 26.5% before COVID-19 to just 16.6% afterward.
They’re slashing their payrolls in anticipation of spinning off basket-case MSNBC from also basket-case NBC “News…”
NBC News eliminated its teams dedicated to covering issues affecting Black, Asian American, Latino and LGBTQ+ groups as part of its layoffs of about 150 staffers on Wednesday, according to two sources familiar with the matter, a significant culling as the Peacock network separates from its sister news network, MSNBC.
The cuts mean that the verticals NBC BLK, NBC Asian America, NBC Latino and NBC OUT will no longer have dedicated teams bolstering their coverage. The verticals will continue to publish stories related to the specific groups and NBC News may ultimately retain up to five staffers who will contribute coverage on the verticals to the newsroom, according to one source, as the dedicated teams focused exclusively on these verticals are sunset.
The total reductions, which affected NBC News’ entire news operation, make up about 7% of NBC News’ newsroom of about 2,000 staffers and 2% of the wider NBCU News Group, which includes Telemundo and the network’s owned-and-operated local news stations. The cuts did not target specific teams and were driven by the network’s budget and the desire to streamline its editorial efforts, according to one source.
They should purge all DEI/social justice hires to help improve shareholder value.
That was quick. “Court Orders Immediate Halt to Loving County ‘Takeover’ Scheme.”
A state district judge has granted Attorney General Ken Paxton’s request for a temporary restraining order against Malcolm Tanner, the Indiana man accused of orchestrating an illegal plan to “take over” Loving County by importing out-of-state voters with promises of free housing.
The order immediately bars Tanner and anyone acting with him from allowing new residents onto the property or discharging sewage that could contaminate soil or groundwater.
A hearing on whether to extend the order or issue a temporary injunction is set for October 31.
“The show is over,” Paxton said in a statement. “A court has ordered that this illegal and deceptive political sham must come to an immediate end. Malcolm Tanner is a two-bit charlatan attempting to defraud people out of their money with false promises of free homes and unlawful government payouts. Texas is for Texans, not out-of-state grifters trying to steal political power from the people who live here.”
The judge found that Tanner and his associates “violated or are threatening to violate Texas Health and Safety Code § 341 by discharging or allowing the discharge of sewage or human excreta in a manner that could contaminate the soil, sub-surface drinking water, or create the potential for disease transmission.”
The court agreed that such contamination posed “immediate and irreparable injury” to public health and justified emergency relief.
The ruling follows Paxton’s earlier lawsuit accusing Tanner of violating public-health laws, running a public nuisance, and committing deceptive trade practices by luring followers—mostly women and children—to a remote site in West Texas with false promises of “free homes” and monthly cash payments.
Tanner, who has described his group as “Melanated People of Power,” claimed on social media he plans to rename Loving County and replace local officials in the 2026 elections.
I feel about Paxton the same way Abraham Lincoln felt about Ulysses S. Grant: “I cannot spare this man. He fights.” (Previously.)
Attorney General Ken Paxton has informed the Texas State Securities Board that his office has uncovered evidence showing entities connected to the East Plano Islamic Center and its controversial proposed EPIC City land development project violated both federal and state securities laws.
In a letter to Chairman E. Wally Kinney and Commissioner Travis J. Iles, Paxton said his office conducted an investigation into Community Capital Partners LP (CCP), the group raising funds for EPIC City, after receiving multiple complaints. The attorney general’s office requested extensive records from CCP and says it has now reviewed more than 750 documents related to the offering of securities tied to the project.
“In the course of the investigation, the OAG identified evidence that CCP violated federal and state securities laws and regulations, including both procedural violations and fraudulent conduct,” Paxton wrote. He invited the Securities Board to meet with his investigative team, review the evidence, and—if it agrees with his findings—refer the case back to the attorney general’s office so that legal action can proceed.
Paxton noted that the Texas Securities Act requires the commissioner and the attorney general to work together to “prevent or detect a violation of the law,” saying he looks forward to collaborating “to ensure that Texas law is being enforced and Texans are protected.”
“After a thorough investigation, it has become clear that the developers behind EPIC City flagrantly and undeniably violated the law,” said Paxton. “The bad actors behind this illegal scheme must be held accountable for ignoring state and federal regulations.”
The development marks a significant escalation in the state’s ongoing crackdown on EPIC City. Multiple state agencies have launched investigations into the project, including the Funeral Service Commission, the Commission on Environmental Quality, and the Workforce Commission.
Additionally, Gov. Greg Abbott has also recently signed legislation he said will effectively ban “Sharia compounds” like EPIC City in Texas. The measure removes certain religious exemptions from the Texas Fair Housing Act for organizations owning more than 25 acres and prevents them from limiting home sales based on religion.
Snip.
If the Securities Board agrees with his office’s conclusions and formally refers the case, the attorney general is expected to file suit against Community Capital Partners and other parties tied to EPIC City for violations of securities law.
At this point the whole project is deader than the last three leaders of Hamas…
Lonoke County, Arkansas: “Dad charged with killing his 14-year-old daughter’s rapist now running for sheriff.” “Aaron Spencer allegedly gunned down Michael Fosler, 67, after catching him driving off with his daughter, whom Fosler had already been charged with grooming and abusing, according to court docs.” “The monster who hurt our child was charged quickly, but released even faster on a $50k bond. He was awaiting court in December for several felonies in relation to what he did to our child.”
Among those charged include Kanaisha Middleton, a supervisor at the Garden City branch of the DMV, as well as her sister, Jamie Middleton, who is accused of taking at least 10 different permit tests for no-show drivers.
Surveillance images show Jamie Middleton wearing different disguises, even fake facial hair as she posed as a man who would be applying for a commercial driving permit, but she forgot to take off her fake nails.
A woman with prior convictions in several southeastern Texas counties and multiple pending felony charges is free on at least nine bonds despite allegations that she has frequently violated the terms of her probation.
Juanetta Solomon’s criminal history dates to at least 2015 with convictions in Brazoria, Fort Bend, Galveston, and Harris counties related to drugs, personal care fraud, and felony theft. She has served time in the state prison system and county jails.
While on probation, in 2023 Solomon was charged with two counts of aggravated assault with a deadly weapon in Harris County, and in 2024 for practicing dentistry without a license. According to Houston police records, she allegedly pretended to be a dentist with ISmilez Cosmetic Designz and injured a patient after using a dental drill, file, and chemicals.
Not Juanetta Solomon.
Last year Solomon was also charged with unlawfully carrying a weapon and prosecutors alleged she repeatedly violated the terms of her probation.
Despite Solomon’s record, 232nd Criminal District Court Judge Josh Hill declined to revoke her probation, and she is free on seven felony bonds out of Harris County.
Electing social justice Democrats means letting black criminals walk the streets so they can continue victimizing law-abiding black citizens.
“Men charged with sex crimes in three states get in girls’ locker rooms by invoking gender identity…Case High School Aquatic Center staff invoked Racine Unified School District’s gender-identity policy to justify letting 64-year-old Rohan de Silva use the girls’ locker room.” So thanks to social justice, high schools are now letting 64 year old perverts into girl’s locker rooms. Keep doing that, and you’re going to get a lot more Aaron Spencers…
“ICE Arrests Illinois Cop For Being Illegal Alien Who Arrived On Six-Month Tourist Visa.” Radule Bojovic of Montenegro came over on a tourist visa in 2015…
A Chinese businessman whose company has strong ties to the Chinese Communist Party has poured at least $65,000 into Rep. Mikie Sherrill’s bid for New Jersey governor, records show.
Pin Ni, the founder of Wanxiang America Corporation, cut at least two checks for a combined $60,000 this year for the One Giant Leap super PAC, which is backing Sherrill’s bid against Republican Jack Ciattarelli.
Pin also gave another $5,800 — the maximum allowable — directly to Sherrill’s campaign in June, records indicate.
Only American citizens or permanent legal residents are allowed to make donations to political campaigns. Pin’s status is not fully clear, though records indicate he has a Social Security number.
Remember Des Moines public schools chairman Jackie Norris, who hired an illegal alien superintendent? She just suspended her campaign for U.S. Senate. Do you think that maybe ordinary Iowa voters aren’t as gung ho about importing illegal aliens as the Democrat Party’s ideological core?
Louis Rossmann reports on an interesting story: Denver City council votes 12-0 not to purchase AI cameras. Denver mayor Mike Johnston buys them anyway. Seems like there’s a big push to install these in American cities over the wishes of voters. (Previously.)
Another attempt to “reinvent farming” goes awry. “A company known for its vertical farming is shutting down its North Texas facility and laying off more than 100 employees, according to a recent filing with the Texas Workforce Commission. Both of Eden Green Technology’s greenhouses at 1845 Sparks Dr. in Cleburne are set to close permanently on Dec. 13. The layoffs affect employees at every level—from executives, including the CEO, CFO and Chief Innovation Officer, to greenhouse managers, production and packing staff, and sanitation workers.” There are probably places were “vertical farming” might prove a viable option, like Alaska or Saudi Arabia, but there’s very little point to trying it in a place so well supplied with sun, water and soil as north central Texas… (Hat tip: Dwight.)
Iconic Corpus Christi building fails to attract a bidder. Downtown Corpus is weird. As so0meone once said, “it’s like they rebuilt the city after the monster attack but none of the people came back.” I heard someone that a small group of money Corpus families bought up all downtown with the express intention of not letting it be developed. of course, I was last there in 2000, so maybe things have changed…
“Tough Love” Level: Illegal. “Florida parents reportedly ditched 16-year-old son on roadside with sack of guns: ‘You are the chosen one… good luck.'”
An annoyingly awesome and well-thought out vanlife build. I say “annoying” because they evidently paid to have all the custom work done rather than laboriously building it up from bare metal themselves like most van life videos I watch…
Every four years, the Texas Democratic Party has to offer up a gubernatorial candidate to get slaughtered by the Republican nominee. Beto O’Rourke lost to incumbent Greg Abbott by over 800,000 votes in 2022, and Abbott’s two previous opponents, Lupe Valdez (2018) and Wendy “Abortion Barbie” Davis (2014) didn’t even get that close. Davis was a state senator, and Lupe Valdez a Dallas County sheriff, and now another leftwing female official unknown statewide has decided to step up to the butcher’s block.
State Rep. Gina Hinojosa (D-Austin) is running for governor and not seeking re-election to the Texas House after nearly a decade serving in the Legislature.
Boilerplate liberal blather snipped.
She rolled out endorsements from over thirty of her Democratic colleagues, four state senators, and seven congressional members — including U.S. Reps. Lloyd Doggett (D-TX-37), Greg Casar (D-TX-35), Jasmine Crockett (D-TX-30), Veronica Escobar (D-TX-16), Sylvia Garcia (D-TX-29), Vicente Gonzalez (D-TX-34), and Julie Johnson (D-TX-32).
Quite a collection of the Texas radical left.
Before Hinojosa launched her bid for the Texas House in 2015, she served as president of the Austin Independent School District Board (AISD) for three years. In a short-lived online feud between the two over ESAs, Abbott referenced Hinojosa’s position, stating, “Can we really trust the former head of the woke Austin school board to give us the facts about our children’s education?” That followed Hinojosa challenging Abbott to “Call me a liar to my face.”
According to her special session reports, Hinojosa raised a little over $4,366, spent $51,191, and reported $24,235 cash on hand; she pulled in around $50,000 during the two special sessions this summer.
By comparison, Abbott raised over $20 million, spent over $3 million, and reported over $86 million on cash on hand for the same time period. After two special session fundraising reports, Abbott now likely sits close to $90 million cash on hand.
So right out of the gate Abbott has her financially outgunned by four orders of magnitude. And unlike O’Rourke, she doesn’t have a cushy national fundraising network and hordes of fawning national mainstream media profiles to fall back on.
Kim Snyder, Campaign Manager of Texas For Greg Abbott, responded to Hinojosa’s campaign launch to The Texan, stating “Gina Hinojosa has proven that she is out of step with Texans. She sides with the defund-the-police movement, supports men competing in women’s sports, backs harmful child modification procedures, embraces reckless open border policies, and opposes critical bail reform that keeps dangerous criminals behind bars.
“Time and again, Gina Hinojosa chooses woke, extreme ideologies over the safety and security of Texas families. Texans deserve a Governor who will continue to secure the border, fight for safer communities, and uphold family values — not someone who supports failed, radical policies that hurt hardworking Texas,” Snyder concluded.
Hinojosa’s HD 49, comprised of a portion of Travis County, is comfortably Democratic with a rating of D-82% per The Texan’s Texas Partisan Index.
The more in-tune with Travis County’s left-wing social justice base, the more out-of-step with Texas as a whole. Right now her only real opponent in the Democratic primary is Andrew White, who couldn’t beat out non-entity Lupe Valdez in the 2018 race.
Also: “Prior to becoming a state legislator, Hinojosa worked for the American Federation of State, County and Municipal Employees.” Presumably AFSCME will be tossing some coins into her beggar’s bowl in memory of past service, but I don’t see a whole lot outside of Austin and the usual liberal Texas millionaires and law firms putting good money after bad in what is overwhelmingly likely to be a losing effort.
In terms of profile, state Senator Davis should be the closest analog to state Representative Hinojosa, except Davis’ abortion antics had already given her a national profile, so she raised a lot of money for her poorly run campaign. (And if you wonder what Davis is up to these days, she’s working for George Soros.)
The Lupe Valdez campaign is probably a more apt point of comparison. At one point in July of 2018, Abbott had 120 times cash on hand than Valdez had. I would expect Hinojosa to do a better job of fundraising than Valdez…but not that much better.
And Lupe Valdez lost to Abbott by over a million votes.
The last time Democrats came even within 500,000 votes of a Republican for Governor was the weird, 4-way 2006 race against Rick Perry by Chris Bell, (then) Carole Keeton Strayhorn, and Kinky Friedman. The last time before that was George W. Bush unseating Ann Richards in 1994.
This feels an awful lot like the 2012 Texas Senate race, where Democrats managed to coax former state Rep. Paul Sadler into the race to avoid having a complete unknown like Sean Hubbard or Grady Yarbrough lead the ticket. As a reward for stepping up, Sadler lost to Ted Cruz by over a million votes. And Sadler wasn’t nearly as far left as Hinojosa.
Expect Gina Hinojosa to lose to Greg Abbott by similar margins.
In a modern world deeply interconnected by global trade, it’s pretty rare that a country will just up and seize a company belonging to another country, but that’s just what The Netherlands did.
The Dutch government has taken control of Nexperia, a Chinese-owned chipmaker based in the Netherlands, in a bid to safeguard the European supply of semiconductors for cars and other electronic goods and protect Europe’s economic security.
The Hague said it took the decision due to “serious governance shortcomings” and to prevent the chips from becoming unavailable in an emergency.
Nexperia’s owner Wingtech said on Monday that it would take actions to protect its rights and would seek government support.
The development threatens to raise tensions between the European Union and China, which have increased in recent months over trade and Beijing’s relationship with Russia.
In December 2024, the US government placed Wingtech on its so-called “entity list”, identifying the company as a national security concern.
Under the regulations, US companies are barred from exporting American-made goods to businesses on the list unless they have special approval.
In the UK, Nexperia was forced to sell its silicon chip plant in Newport, after MPs and ministers expressed national security concerns. It currently owns a UK facility in Stockport.
Nexperia was spun off from NXP, which was spun off from Philips. They’re integrated device manufacturers, but not anywhere near the high-end devices fabbed by TSMC, Intel or Samsung. Quite the opposite. Nexperia specializes in discretes, the cheap, mass-produced individual electronic components (transistors, diodes, MOSFETs) that are on the very bottom rung of semiconductor manufacturing: High volume, low margin operations for extremely cheap, simple chips that still under-gird just about every electronic product made.
That Stockport (greater Manchester) fab was built in 1987, which is so many semiconductor generations ago I can’t even count. The only Nexperia fab left is in Hamburg, which is shown as being built in 1953, but since they’re running 200mm wafers, it was probably last upgraded in the 1990s, and supposedly turns out “100 billion devices per year.” Semiconductor fabs that turn out discretes are informally called “jelly bean factories,” and earn low but reliable profits.
The Dutch Economic Ministry said it made the “highly exceptional” decision to invoke the Goods Availability Act over “acute signals of serious governance shortcomings” within Nexperia.
“These signals posed a threat to the continuity and safeguarding on Dutch and European soil of crucial technological knowledge and capabilities,” the ministry said in a statement.
“Losing these capabilities could pose a risk to Dutch and European economic security.”
The statement did not detail why it thought the firm’s operations were risky. A spokesperson for the minister of economic affairs told the BBC there was no further information to share.
The measures are aimed to keep European chip supplies flowing and protect Dutch intellectual property, said EU-China researcher Sacha Courtial.
In a crisis, a Chinese-owned company could come under pressure from Beijing to halt supplies or prioritise sales to China, crippling European industries like carmakers and electronics manufacturers, he said.
The Hague’s move puts economic security “over free-market investment principles”, in what could pave the way for other governments to follow, said Mr Courtial from the Jacques Delors Institute.
The China Semiconductor Industry Association said on Tuesday that it is “seriously concerned” about the Dutch government taking control of Nexperia.
The group described the measures as “selective and discriminatory” against overseas branches of Chinese enterprises and undermine open trade.
The Dutch court document said records from a June 12 meeting between U.S. Commerce Department officials and the Dutch Foreign Ministry showed rising pressure to remove Nexperia’s Chinese CEO to help keep the company off the list.
“The fact that the company’s CEO is still the same Chinese owner is problematic,” the filing said, citing minutes from the Dutch-U.S. meeting. “It is almost certain the CEO will have to be replaced to qualify for the exemption from the entity list.”
Nexperia is caught between the U.S. and China, with U.S. President Donald Trump ratcheting up pressure on tech as part of a broader trade war in which he threatened 100% tariffs on China’s exports last week. Beijing has announced curbs on exports of rare earths.
Nexperia faces export restrictions from both governments, it said on Tuesday, and is seeking talks. It said a new interim CEO had been put in place after the former chief executive Zhang Xuezheng was removed from his post on a Dutch court order.
The documents released on Tuesday by the Amsterdam Commercial Court showed that Nexperia had been informed by the Dutch Economic Affairs Ministry on June 5 that the new U.S. rule might be coming and it should take action. “It was clear to all involved that (a U.S. listing) could have a significant negative impact on Nexperia and its business,” it said.
The fact the Dutch government so readily acceded to U.S. requests suggests that the case against Nexperia was pretty substantial, and the specter of possibly open conflict with an increasingly bellicose Russia may have played a factor in their decision making. Nailing down key supply chain components, no matter how lowly, is both far-sighted and suggests there’s more to this situation than meets the eye.
Also, it may be that Euroelites are simply tired of both Russia and China’s lawless shenanigans…
