Mutiny! Bank runs! Twitter files! It’s a ginormous LinkSwarm full of interesting (and alarming) links!
And I finally get a chance to talk more about the FTX scandal.
The Twitter files revelations continue to roll out. And Democrats aren’t happy that the workings of their thought police apparatus are being unmasked.
As one might expect, the Judiciary hearing on the “weaponization” of federal agencies, featuring Matt Taibbi and Michael Shellenberger as witnesses was full of fireworks, facts, and ad hominem friction.
Out of the gate, Ranking Member Democratic Del. Stacey E. Plaskett labeled the two “so-called journalists” as dangerous and a “threat” to former Twitter employees.
She claimed that Republicans brought “two of Elon Musk’s ‘public scribes'” in “to release cherry-picked out-of-context emails and screenshots designed to promote his chosen narrative – Elon Musk’s chosen narrative – that is now being parroted by the Republicans” for political gain.
“I’m not exaggerating when I say you have called two witnesses who pose a direct threat to people who oppose them,” Plaskett said after the video.
Chairman of the House Judiciary Committee, Republican Rep. Jim Jordan of Ohio, had a simple response to her accusations:
“It’s crazy what you were just saying.”
“You don’t want people to see what happened,” Jordan continued.
“The full video, transparency. You don’t want that, and you don’t want two journalists who have been named personally by the Biden administration, the FTC in a letter. They say they’re here to help and tell their story, and frankly, I think they’re brave individuals for being willing to come after being named in a letter from the Biden FTC.”
Taibbi was having none of it.
Matt Taibbi epic comeback:
"Ranking Member Plaskett, I'm not a 'so-called journalist'. I've won the National Magazine Award, the I.F. Stone Award for Independent Journalism, and I've written 10 books including 4 NYT Best Sellers." pic.twitter.com/crXlWjScEr
— Citizen Free Press (@CitizenFreePres) March 9, 2023
As Glenn Greenwald chimed in from Twitter: “To Democrats, “journalist” means: one who mindlessly and loyally endorses DNC talking points. ”
Unshaken, Matt Taibbi continued, when he was allowed to respond, laid out what he and Shellenberger had found in their research of The Twitter Files:
“The original promise of the Internet was that it might democratize the exchange of information globally. A free internet would overwhelm all attempts to control information flow, its very existence a threat to anti-democratic forms of government everywhere,” Taibbi said.
“What we found in the Files was a sweeping effort to reverse that promise, and use machine learning and other tools to turn the internet into an instrument of censorship and social control. Unfortunately, our own government appears to be playing a lead role.”
Taibbi pointedly added that “effectively, news media became an arm of a state-sponsored thought-policing system.”
“It’s not possible to instantly arrive at truth. It is however becoming technologically possible to instantly define and enforce a political consensus online, which I believe is what we’re looking at.”
Democrats only response to Taibbi and Shellenberger’s facts was to get personal…
Snip.
As we detailed earlier, journalists Matt Taibbi and Michael Shellenberger are testifying before the House Judiciary Committee’s Select Subcommittee on the Weaponization of the Federal Government today. Both journalists were involved in the ‘Twitter Files’ disclosures, in which we learned that the government was directly involved in censoring disfavorable speech.
“Our findings are shocking,” writes Shellenberger at his blog. “A highly-organized network of U.S. government agencies and government contractors has been creating blacklists and pressuring social media companies to censor Americans, often without them knowing it.”
Ahead of the appearance, Taibbi released his prepared remarks. He also dropped a new and related Twitter Files mega-thread on ‘THE CENSORSHIP-INDUSTRIAL COMPLEX’ which will be submitted to the Congressional record which, according to Taibbi, ‘contains some surprises.’
But Twitter was more like a partner to government. With other tech firms it held a regular “industry meeting” with FBI and DHS, and developed a formal system for receiving thousands of content reports from every corner of government: HHS, Treasury, NSA, even local police…
But equally concerning was how those driving The Narrative used NGOs that agreed with them as Arbiters of Truth.
We came to think of this grouping – state agencies like DHS, FBI, or the Global Engagement Center (GEC), along with “NGOs that aren’t academic” and an unexpectedly aggressive partner, commercial news media – as the Censorship-Industrial Complex.
Who’s in the Censorship-Industrial Complex? Twitter in 2020 helpfully compiled a list for a working group set up in 2020. The National Endowment for Democracy, the Atlantic Council’s DFRLab, and Hamilton 68’s creator, the Alliance for Securing Democracy, are key…
Twitter execs weren’t sure about Clemson’s Media Forensics Lab (“too chummy with HPSCI”), and weren’t keen on the Rand Corporation (“too close to USDOD”), but others were deemed just right.
NGOs ideally serve as a check on corporations and the government. Not long ago, most of these institutions viewed themselves that way. Now, intel officials, “researchers,” and executives at firms like Twitter are effectively one team – or Signal group, as it were:
The Woodstock of the Censorship-Industrial Complex came when the Aspen Institute – which receives millions a year from both the State Department and USAID – held a star-studded confab in Aspen in August 2021 to release its final report on “Information Disorder.”
The report was co-authored by Katie Couric and Chris Krebs, the founder of the DHS’s Cybersecurity and Infrastructure Security Agency (CISA). Yoel Roth of Twitter and Nathaniel Gleicher of Facebook were technical advisors. Prince Harry joined Couric as a Commissioner.
Why the fuck is Prince Harry on a committee deciding how free American citizens should be censored?
Their taxpayer-backed conclusions: the state should have total access to data to make searching speech easier, speech offenders should be put in a “holding area,” and government should probably restrict disinformation, “even if it means losing some freedom.”
Snip.
The same agencies (FBI, DHS/CISA, GEC) invite the same “experts” (Thomas Rid, Alex Stamos), funded by the same foundations (Newmark, Omidyar, Knight) trailed by the same reporters (Margaret Sullivan, Molly McKew, Brandy Zadrozny) seemingly to every conference, every panel.
The #TwitterFiles show the principals of this incestuous self-appointed truth squad moving from law enforcement/intelligence to the private sector and back, claiming a special right to do what they say is bad practice for everyone else: be fact-checked only by themselves. While Twitter sometimes pushed back on technical analyses from NGOs about who is and isn’t a “bot,” on subject matter questions like vaccines or elections they instantly defer to sites like Politifact, funded by the same names that fund the NGOs: Koch, Newmark, Knight.
#TwitterFiles repeatedly show media acting as proxy for NGOs, with Twitter bracing for bad headlines if they don’t nix accounts. Here, the Financial Times gives Twitter until end of day to provide a “steer” on whether RFK, Jr. and other vax offenders will be zapped.
Well, you say, so what? Why shouldn’t civil society organizations and reporters work together to boycott “misinformation”? Isn’t that not just an exercise of free speech, but a particularly enlightened form of it?
The difference is, these campaigns are taxpayer-funded. Though the state is supposed to stay out domestic propaganda, the Aspen Institute, Graphika, the Atlantic Council’s DFRLab, New America, and other “anti-disinformation” labs are receiving huge public awards.
Meant to cover this back in February, but FTX founder Sam Bankman-Fried, in additional to all those federal fraud charges, was charged with “12 new counts, including illegally making over 300 political contributions to the tune of tens of millions of dollars through straw donors and using corporate funds.” The overwhelming majority went to Democrats and left-leaning causes. “Bankman-Fried was the second largest individual donor during the 2022 US midterm elections, contributing $39 million to various Democrat causes.” Also: “FTX’s former CEO wanted to give at least $1 million to a pro-LGBTQ political action group, but couldn’t find anyone bisexual or gay at the company whom he trusted, the document said.”
Speaking of Bankman-Fried: “The previously sealed names of two people who co-signed Sam Bankman-Fried’s $250 million bail package have been publicly released. The guarantors were identified in the unredacted bonds as Andreas Paepcke, a Stanford research scientist, and Larry Kramer, former dean of Stanford law school…How the fuck did these Stanford faculty members get so rich as to guarantee that size of a bail?”
Speaking of crypto, Silvergate, a California bank that was a heavy player in the crypto space, is shutting down and liquidating after huge bank runs in the crypto-winter. Want to guess who was a big booster of Silvergate? Would you believe Sam Bankman-Fried?
When China began to require Western corporations to establish Chinese Communist Party (CCP) cells, businesses brushed off the move as benign. For example, when HSBC HBA 0.0% became the first international financial institution at which workers established a Chinese Communist Party cell in its investment banking venture in China in July, the bank stated that the CCP committee does not influence the direction of the firm and has no formal role in its day-to-day activities. But the CCP may have begun to flex its muscle in other ways. This week, the CCP cell inside the Beijing office of Big Four accounting firm EY demanded that party members wear CCP badges at work in the run-up to China’s annual parliamentary meetings.
Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank.
All insured depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.
Silicon Valley Bank had 17 branches in California and Massachusetts. The main office and all branches of Silicon Valley Bank will reopen on Monday, March 13, 2023. The DINB will maintain Silicon Valley Bank’s normal business hours. Banking activities will resume no later than Monday, March 13, including on-line banking and other services. Silicon Valley Bank’s official checks will continue to clear. Under the Federal Deposit Insurance Act, the FDIC may create a DINB to ensure that customers have continued access to their insured funds.
As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits. At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.
SVB was a bank that primarily counted venture capital firms and technology startups as clients. It achieved financial stardom during the COVID-19 pandemic because major cash deposits from the booming firms increased its deposits from $60 billion in the first quarter of 2020 to over $200 billion in December 2022, the Wall Street Journal reported. Its securities portfolio rose from roughly $27 billion in 2020’s first quarter to approximately $127 billion at the end of 2021.
The fact that most of SVB’s assets were seemingly secure — they were mainly longer-term government bonds — led many investors to feel the bank was secure. Those feelings would be dashed in just two days. The bank suddenly announced Wednesday that it needed to raise over $2.2 billion, sending its stock plunging by more than 60% in a matter of days.
The government securities bought by SVB pay a fixed rate, so when market interest rates were raised, a gap began to grow between how much the securities were worth on the open market and what they were valued on the bank’s books. The unrealized losses in SVB’s securities portfolio in December had grown to more than $17 billion, a number expected to grow, as the securities could only be sold at a loss.
Crack the whip: unacceptable because of origins in slavery
Waiter or waitress: server should be used instead
Biological gender, biological sex, biological woman, biological female, biological man, or biological male
Illegal immigrant or illegal alien
Cake walk: “originated during slavery” and thus perpetuates “racist motifs”
In reference to illegal migration: onslaught, tidal wave, flood, inundation, surge, invasion, army, march, sneak and stealth
Anchor baby
Chain migration: this is a term used by “immigration hard-liners”
Peanut gallery: “the cheapest seats often occupied by Black people and people with low incomes”
Third-world countries: too “derogatory”
Oh, it does not end there. Politico reporters are also not allowed to say that a transgender person “identifies as” a certain gender, or describe the current situation at the border as a “crisis.” The guide also warned reporters to make sure not to portray migrants as a “negative, harmful influence.”
Want some more? “Pro-choice” is frowned upon in favor of “abortion rights supporter,” and (of course) “pro-life” is outlawed, with “anti-abortion” taking its place. “Late-term abortion” is also a no-no; reporters are told to use “abortion later in pregnancy.”
College student accused of stealing more than half a million dollars via credit card fraud working part-time at a mall jewelry store where most of the items are under $50. She marked up items, then returned them at the original price and somehow pocketed the difference. She made eight fake transactions totally more than $540,000. As though somehow the store wasn’t going to notice something funny going on.
I’m pro-life but this is stupid. “Texas Lawmaker Looks to Restrict Online Access to Materials Assisting or Facilitating Abortion.” You can’t ban access to information you don’t like, that’s prior restraint and illegal under the U.S. Constitution.
Speaking of violating rights, a judge was suspended for not allowing a defendant access to legal council. Again. The dumbass in question was Kenton County District Judge Ann Ruttle in Kentucky.
As I’ve been expecting a glut of car inventory due to inflation, rising interest rates, and all the demand destruction of the Biden Recession, I’ve been paying more attention to the car market just in case dealers had to liquidate new cars at absolute fire sale prices and I could swoop in and take advantage. So far that hasn’t happened, and prices haven’t behaved the way I’ve expected. (Used care prices are rising because inventory is tight despite dealers overpaying in 2022?)
But one thing I have noticed: Pickup truck prices have gotten absolutely insane.
Pickups used to be the steady, dependable, unglamorous vehicles of ordinary blue collar Americans. Lately, car makers seem to have turned them into cash cows by pricing them like luxury goods for rich people.
As the Ford F-series is the most popular pickup truck, I though I would look at the prices there. The average selling price for a 2023 Ford F-150 is an eye-watering $82,395. Given the rule of thumb that you should never pay more than a maximum of 35% of your yearly income for a new car, which means that buyers should be making $235,000 a year to afford a new F-150. That’s not “HVAC Repairman” money. Hell, it’s barely “guy who owns his own HVAC shop” money. And this despite Ford having such quality control problems that they’ve issued a slew of recalls.
Assuming I was insane enough to buy a new Ford F-150 at the average selling price, and no down payment, I would be looking at $1,521 in monthly payments, or more than I was paying for my home mortgage until a few years ago. (Thanks to rising tax valuations and insurance, now it’s just a little more than that. My car has long been paid off.)
Ford and other auto makers are pricing their traditional customers out of the market by making pickup trucks luxury goods. Just as in the 1970s, American car manufacturers are pricing themselves out of the market and are inviting foreign manufacturers to swoop in and snatch market share from them.
Here Zach and Ray of Car Edge on how insane Ford’s pricing has gotten (and the F-150 is far from the only Ford vehicle that prices have soared on).
“What the hell is wrong with you people?”
“That’s not an average price for an average person!”
By now I assume that you’ve seen or read about Tucker Carlson’s piece on video footage that fatally undermines much of the Democratic Party’s “January 6th Insurrection” dogma.
Instead of rehashing that (Tucker has a wee bit more media reach than I do), here’s a video of Joe Rogan and Michael Malice reviewing the footage.
The biggest takeaway for me is that, while Rogan and Malice are not conservatives, they are far from people who unquestionably accept left-leaning media at face value. For them to be shocked at things that anyone who was paying attention knew no later than, oh, say, January 7, 2021, that there was no “insurrection” at the capital, just a half-assed riot, is actually somewhat surprising.
The mainstream media lies about so many things, so much of the time, that it’s easy to believe one of their narratives about a situation you simply weren’t paying attention to at the time.
Eternal vigilance is the price of freedom…and evidently truth as well.
There are conflicting reports on whether Texas A&M, as ordered by Governor Greg Abbott, are actually ending their raidcal leftwing Diversity, Equity, and Inclusion (DEI, AKA critical race theory, AKA social justice), or just pretending.
The Texas A&M University System has moved to remove all Diversity, Equity, and Inclusion (DEI) statements from their employment and admissions practices, it said in a statement on its website.
Chancellor John Sharp stated that after receiving a letter in February from Gov. Greg Abbott’s office, he ordered a review of all DEI policies in the university system.
“No university or agency in the A&M System will admit any student, nor hire any employee based on any factor other than merit,” said Sharp.
A directive was sent to all university system agencies to limit employment and admissions to a cover letter, curriculum vitae, statements about research and teaching philosophies, and professional references.
A memo obtained from Abbott’s office asserted that DEI policy “has been manipulated to push policies that expressly favor some demographic groups to the detriment of others.”
The University of Texas (UT) System board chairman Kevin Eltife announced a pause on all DEI efforts during a board of regents meeting last week. The move was prompted by his comments about how “certain DEI efforts have strayed from the original intent.”
Is there a reason to doubt the sincerity of this effort? Well, John Sharp is a Democrat, albeit one from an era (he was State Comptroller from 1991 through 1999) where there was still a conservative (or at least moderate) wing to the Texas Democratic Party.
“How Texas A&M Went Woke,” my report from the Claremont Institute, has prompted the Texas A&M administration to respond. First, A&M has reportedly hired someone to continue the process of scrubbing Diversity, Equity, and Inclusion (DEI) policies from its website. Second, A&M is circulating a memo charging that “misinformation” lies at “the foundation of the report.” A&M compares more than a dozen “Statements from Yenor” against “Facts from Texas A&M University.” But their “facts” are simply the evasions and obfuscations of a guilty party. Their rebuttal presents an object lesson in sophistry.
One category of sophistry is refuting a charge not made. I contend that that A&M “has more DEI administrators than UT-Austin.” A&M responds that a comparison of “executive-level DEI operations” in central administration shows that A&M has fewer. I say A&M has more total DEI administrators; A&M says it has fewer central administrators. Both statements are true. A&M had many more lower-level DEI officials than UT at the time of the counting. I say that A&M created a diversity committee to consider removing statues on campus; A&M responds that no statues have been removed (yet!). Again, both statements are true. A&M has not refuted anything I said.
Sometimes, they claim ignorance; A&M evidently has so many DEI programs that it can hardly keep track of them. One is the LEAD program, which trains department chairs in DEI ideology, among other things. A&M is “not aware of a training for department chairs called LEAD.” A snapshot from ADVANCE, the university’s faculty affairs website, shows that this program still exists under a different name.
Another technique is to deny, deny, deny. A&M administrators describe their own ACES program, which is housed in the Office of Diversity. A&M often lauds ACES as a premier diversity program. It lists ACES in its evaluations of diversity programs. A&M now denies that ACES is “a diversity effort.” Who you gonna believe—A&M or your lying eyes?
Sometimes A&M concedes that their DEI programs exist, but that they have discontinued them or that they will discontinue them.
Snip.
The university has announced in advance how it will get around the A&M system’s recently-announced ban on DEI statements.
The legislature should defund DEI administrative offices in all Texas universities and colleges. All who are currently employed in such offices should be let go. This will make it clear that DEI is bad for one’s career in Texas higher ed. Second, the Texas legislature should adopt the Kalven Report as a vision for university professionalism. Politicized teaching and disciplines should be judged against the standards of the Kalven Report. If disciplines are so thoroughly infused with DEI ideology or any other leftist activism, the legislature should cease to fund them. Disciplines with DEI inscribed into their DNA should not receive public funds.
Most importantly, the Board of Regents must take its job more seriously. It must issue directives to eradicate DEI from universities and then follow through with them by firing university presidents who openly defy the Board or obfuscate their DEI efforts. Personnel is policy. The Left has clamored for DEI practices for generations, and university presidents have responded by permitting the DEI bureaucracy to bloat. It is time for these university presidents to fear conservatives in the legislature more than they do the Left, and this can be done only when select university presidents are fired. If this Board of Regents will not do it, then it too must be released and replaced.
I share Yenor’s skepticism. Those infected with social justice never give up pushing their radical ideology, administration directive or no administration directive. Laying off all DEI personnel is the only way to purge the infection.
Blackstone (NYSE:BX) has defaulted on part of a €531M bond backed by a commercial portfolio owned by Finnish property investment firm Sponda, which it acquired in 2017.
The private equity firm has repaid almost half of that figure, closer to €300M, according to a person familiar with the matter.
Currently €297.1M of the loan remains outstanding, according to ratings agency Fitch. The loan is secured against 45 properties in Finland, most of which are offices and the rest are stores.
Blackstone (BX) earlier sought an extension from holders of the securitized notes so that it could sell the assets and repay the debt, Bloomberg reported citing people aware of the matter. The commercial mortgage-backed security has since matured, without being repaid.
A Blackstone (BX) spokesperson told Seeking Alpha that “this debt relates to a small portion of the Sponda portfolio. We are disappointed that the servicer has not advanced our proposal, which we believe would deliver the best outcome for noteholders.”
Translation: “Shut up and let us force our losses on you rather than taking them ourselves.”
Though off in Finland, this story should probably receive more notice due to the “mortgage-backed” angle.
Remember the 2008 Subprime Meltdown, fueled by easy taxpayer-backed Fannie Mae money and bundled subprime mortgage securities? And how all sorts of banking fatcats got bailed out and never paid a price for their shenanigans?
Well, mortgage backed assets never went away, they just moved into commercial real estate. There’s untold trillions of dollars in Commercial Mortgage-Backed Securities (CMBS) across the world, and almost no one is keeping track of them. The average retail investor probably knows less about CMBS now than they did about subprime mortgages in 2008.
And you know one of the hardest-hit sectors following the Flu Manchu lockdowns? Commercial real estate. A whole lot of companies figured out that a whole lot of their work force can work from home, freeing them from having to pay expensive rent on office space.
Add to that the fact that the way CMBS are structured has immediate negative consequences on several cities. Because the rules of many CMBS state that the value of a property doesn’t need to be reevaluated as long as the asking price per square foot doesn’t change, commercial real estate spaces stay vacant for years rather than lowering their prices, screwing would-be renters and shrinking tax bases. (Louis Rossmann has been ranting about this for years.)
Blackstone Inc’s (BX.N) fourth-quarter distributable earnings fell 41% year-on-year as the world’s largest manager of alternative assets said on Thursday it cashed out fewer investments across key portfolios.
Blackstone has been dealing with rising redemptions at its flagship real estate income trust (BREIT), prompting the private equity firm to exercise its right to block investor withdrawals at 5% of the quarterly net asset value of the fund.
That’s not exactly a sign of unassailable strength.
I am very far indeed from being an expert on how Blackstone has structured its various holdings. I suspect that its various funds and trusts and CMBS are all well-siloed and isolated from each other, which is the smart way to do things. But The Biden Recession That Dare Not Speak Its Name, falling real estate prices, frozen rental prices and huge shift in the need for commercial real estate all point to some very difficult challenges for Blackstone to navigate.
Given the amount money Blackstone has spread around to the Chuck Schumers of the world, expect that there are going to be a whole lot of swamp creatures ready and willing to make any serious Blackstone financial problem into a big problem for the America taxpayer.
A lot of conservatives have criticized Governor Greg Abbott’s anti-CRT/DEI/SJW initiatives as all show and no teeth. But there is at least some sign that those directives have had an effect on the people that run the University of Texas system.
The University of Texas (UT) System will pause all Diversity, Equity, and Inclusion (DEI) efforts, the board of regents announced last week.
The board chairman Kevin Eltife stated at the start of the meeting he had a comment that was “not an action or discussion item.”
“The topic of DEI activities on college campuses has received tremendous attention nationally and here in Texas,” Eltife said.
“We welcome, celebrate, and strive for diversity on our campus with our student and faculty population.”
“I also think it’s fair to say in recent times, certain DEI efforts have strayed from the original intent to now imposing requirements and actions that, rightfully so, raised the concerns of our policymakers,” he added.
Eltife went on to announce that all DEI policies would be paused on UT campuses and he will be asking for reports on any current policies still operating.
“We will await any action from the legislature for implementation by the University of Texas system at the appropriate time, and if needed, the board may consider a uniform DEI policy for the entire UT system,” Eltife said.
This announcement follows many reported incidents of DEI policies on UT campuses.
In 2021, Texas Tech University announced it was hiring four new assistant professors for its Department of Biological Sciences. Its social media posts made clear the department’s commitment to DEI hiring.
The department released a rubric for evaluating new faculty candidates’ diversity statements about how well they understand and have knowledge of “dimensions of diversity.”
Texas Tech has already released a statement about its steps toward ending DEI hiring and its desire to “always emphasize disciplinary excellence.”
UT Austin has been accused of using DEI policies to “espouse a clear ideological agenda,” and other reports have shown the pervasiveness of DEI in multiple Texas medical schools.
A medical school applicant, George Stewart, has filed a lawsuit against six Texas medical schools for alleged willingness to “discriminate on account of race and sex when admitting students by giving discriminatory preferences to females and non-Asian minorities, and by discriminating against whites, Asians, and men.”
It’s one thing for the board to announce policies, it’s quite another for administrators and department heads to follow them. Right now I would bet some social justice warrior administrators at UT are busy telling their friends on Facebook how they’re going to ignore the board’s directives.
When we start seeing entire DEI pockets of resistance being laid off the way we’ve seen in Florida and in the private sector, then we’ll know it’s real and not just empty talk.
In addition to getting over a cold, I spent most of the non-work day trying to assemble a pressure washer so I could attach a water-jetting attachment so I can clean out a blocked exterior line so I can run my dishwasher without it overflowing my sink.
The result of all this labor is that I still need to call a plumber. So enjoy yet another abbreviated LinkSwarm.
Hmmmmmm! “Hunter Biden Business Partner Flips, Now ‘Cooperating’ With GOP Investigators.”
Eric Schwerin, a close business associate of Hunter Biden who also dealt with Joe Biden’s business and tax affairs, is now working with House GOP investigators looking into Biden family dealings – particularly in Ukraine and China, where the family collected millions of dollars, Just the News reports.
Eric Schwerin, a close business associate of Hunter Biden who also dealt with Joe Biden’s business and tax affairs, is now working with House GOP investigators looking into Biden family dealings – particularly in Ukraine and China, where the family collected millions of dollars, Just the News reports.
“He is cooperating with us,” House Oversight and Accountability Committee Chairman James Comer (R-KY) told the outlet.
“His attorneys and my counsel are communicating on a regular basis. Now, I feel confident that he’s going to work with us, and provide us with the information that we have requested,” Comer continued. “I think that Schwerwin is going to be a very valuable witness for us in this investigation.”
Of note, Schwerin, the former president of Hunter Biden’s now-dissolved investment firm Rosemont Seneca Partners, visited the White House at least 19 times from 2009 to 2015, according to White House visitor log records reviewed by The Epoch Times and first reported by the New York Post.
Patrick L. Wojahn, the Democratic mayor of College Park, MD, resigns over child porn charges. Name that party: His political affiliation only shows up in the 19th paragraph of the piece. (Hat tip: Dwight.)
Illnesses to Democratic senators Dianne Feinstein and John Fetterman mean that Democrats have temporarily lost their senate majority. That will teach you to rely to Octagenerians and visibly impaired stroke victims to carry your water. (Hat tip: Stephen Green at Instapundit.)
“Rockets owner Tilman Fertitta submits $5.5 billion bid for NFL’s Commanders.” He should move them to Austin and change the name back to the Redskins, just to spite them.
Did MacKay get Tulipmania wrong? It turns out he was also an enthusiast for the far more destructive “Railway Bubbles” that struck England in the 19th century.
Ukraine has stepped up its drone attacks against a wide spectrum of Russian military infrastructure targets.
“Ukrainians are reportedly attacking objects from St. Petersburg to Krasnodar, which is a 2,000-kilometer front line in the air.”
“Ukrainians have also reportedly accompanied the drone attack with a cyberattack on the Russian regional missile detection system.”
They also hit an oil depot in Tuapse, for which Suchomimus has a video:
That’s way beyond the Kerch Strait Bridge. Back to the first video.
“The Russians have also closed the sky near St. Petersburg. After Russian detection systems were set off, Russians reportedly used interceptor jets to eliminate the threat.” That’s more than 1,000km from Kiev, which must have Russian air defense planners freaking out. (Or drinking even more heavily than usual.)
The hit a number of targets in Crimea, though many of the drones launched there were shot down, and some were hijacked by Russian electronic warfare countermeasures. (Cue a Cory Doctorow-esque rant about the need for strong encryption.)
“Some analysts are saying that Ukrainians are just testing Russian air and electronic defense systems, and are creating an elaborate map for building more sophisticated trajectories. After they finish, these analysts are predicting a much larger scale attack, which would cause a lot of destruction of the airfields, as well as oil refineries and factories producing military equipment.”
“The second camp of analysts is saying that the goal of these attacks is to disperse Russian air defense that has been greatly concentrated on the fronts.”
Reporting from Ukraine is usually pretty solid and seems to have sources inside Ukraine’s defense ministry.
This is from a few months ago, and acting as your own attorney is usually a bad idea 99 times out of 100. But this video of Florida Open Carry advocate Don Andre calming and patiently dismantling the police officer who violated his rights by arresting him without proper cause in the course of taking his deposition is a thing of beauty.
Again, it is generally best to leave such activities to the legal professionals. But if you are going to represent yourself, make sure that you’re as calm, and know the relevant law as thoroughly, as Mr. Andre
