The national mood is gloomy, and it’s taking a heavy political toll on President Biden, as voters increasingly question whether he is up to the job of leading the nation, or for that matter finishing his sentences.
According to the polls, the two biggest concerns of the public, by far, are the pandemic and the economy. Consequently Congress is focused, laserlike, on: the Senate filibuster rule. This is a legislative tactic that is evil when the other side uses it but good when your side uses it. At the moment the Democrats want to change the rule, so of course the Republicans, led by Sen. Mitch “I am smiling, damn it” McConnell, are opposed to changing it, which means Washington is consumed by a bitter, vicious, nasty, name-calling battle pitting the Democrats against Sens. Joe Manchin and Kyrsten Sinema, who are also Democrats.
In the end, as is so often the case with these burning issues that consume the nation’s capital, nothing happens, which is the whole point of the constitutional system of checks and balances put into place by the Founding Fathers, all of whom — and this is a testament to their wisdom and foresight — are dead.
Meanwhile the national debt, for the first time ever, creeps over $30 trillion, which is more than the entire U.S. economy is worth. Fortunately this is nothing to worry about. Forget we even brought it up.
February
There is trouble in, of all places, Canada. The news up there is that the capital city, Ottawa (from the Algonquin word “adawe,” meaning “Washington”) is besieged by a massive protest convoy of trucks, clogging the streets, honking horns, blocking traffic and making it impossible for anybody to get anywhere. Granted, this is the situation pretty much every day in, for example, New York City, but apparently in Canada it is a big deal. As tensions mount, Prime Minister Justin Trudeau, in a controversial move, invokes emergency powers enabling the government to freeze the protesters’ access to beaver pelts.
Ha-ha! We are poking some good-natured fun at Canada, which is actually a modern nation and an important trading partner that we depend on to supply us with many vital things. Celine Dion is only one example. In all seriousness, the Canadian trucker strike is a significant event that raises some important issues, which everyone immediately stops caring about because of the situation in Ukraine.
Ukraine is a nation that, through poor planning, is located right next to Russia. This is unfortunate because Russian President Vladimir Putin, a man who relaxes by putting kittens into a food processor, has long wanted to establish closer ties with Ukraine, in the same sense that a grizzly bear wants to establish closer ties with a salmon.
On Feb. 24 the Russian army invades Ukraine. Everyone assumes the Russians will easily prevail, but the Ukrainians put up a surprisingly strong resistance (we are using the term “resistance” in the sense of “physically fighting back,” as opposed to “tweeting defiant hashtags”). Most of the world rallies around the underdog Ukrainians and their charismatic president, Volodymyr Zelensky, a former comedian and actor who is basically the opposite of Vladimir Putin. (Although to be fair, if Putin did comedy, he would kill.)
March
In economic news, inflation continues to worsen despite intensive efforts by the Biden administration to explain that it is caused by Vladimir Putin, corporate greed, covid, supply-chain issues, global climate change, the filibuster rule, the murder hornets and various other factors totally unrelated to any policies of the Biden administration.
April
Elon Musk says he wants to buy Twitter for $44 billion, which works out to one dollar for every apocalyptic tweet emitted about the sale by alarmed verified Twitter users who are deeply concerned about the precedent of allowing billionaires to buy major media platforms, which have traditionally been small mom-and-pop operations like The Washington Post and Facebook. Another verified concern is that Musk favors “free speech,” which we are putting in quotation marks because although it sounds good — Free speech! — if everyone is allowed to have it willy-nilly, the public could be exposed to misinformation that has not been verified by the verifiers, as opposed to the current situation, in which everything on Twitter is 100 percent accurate.
Meanwhile, for a few exciting hours, a trending topic on political Twitter, which we swear we are not making up, is “testicle tanning.” Don’t even ask.
May
Meanwhile parents scramble desperately to find baby formula amid a shortage that has left U.S. store shelves bare, although there are plentiful supplies abroad. In an emergency effort reminiscent of the legendary Berlin Airlift, the U.S. government provides temporary relief by using an Air Force transport plane to fly 35 tons of American babies to Germany. The operation is deemed a success, although, as an official noted, “afterward we had to burn the plane.”
The war in Ukraine continues but receives less and less coverage in the United States as Americans turn their attention to the historic Johnny Depp vs. Amber Heard defamation trial. At issue is Heard’s 2018 Washington Post op-ed alleging that Depp, once the embodiment of cool in the role of dashing pirate Captain Jack Sparrow, has developed a case of face bloat and currently looks, quote, “like the owner of a struggling water-bed store.”
June
Johnny Depp wins his historic defamation lawsuit, with the jury ordering Amber Heard to repay the 783 billion person-hours the American public wasted watching the trial. The verdict unleashes a wave of thoughtful media think pieces the likes of which the nation has not seen since Will Smith slapped Chris Rock.
In economic news, Americans grow increasingly alarmed as the price of a gallon of gasoline and the value of the average 401(k) plan rapidly converge from opposite directions. For its part, the White House is growing increasingly irritated by the way people keep whining about soaring inflation and the collapsing stock market and the possibility of a recession while ignoring all the positive economic accomplishments that the Biden administration has achieved despite the efforts of Vladimir Putin, who — WHY DO PEOPLE KEEP FORGETTING THIS — is the cause of everything bad.
July
In financial news, Elon Musk announces that he no longer wants to purchase Twitter and will instead use the $44 billion to buy two Springsteen tickets.
Snip.
As the month comes to a close, the economy dominates the news with the Commerce Department reporting that the U.S. gross domestic product shrank for the second consecutive quarter. Traditionally this has meant that we are in a recession, but President Biden reassures the nation that it actually is not a recession, for reasons clearly stated on the teleprompter.
September
As Russian forces suffer mounting losses in Ukraine, an increasingly desperate Vladimir Putin, in what observers say is a clear violation of international law, annexes Connecticut.
In a legal development that causes widespread swooning on MSNBC, New York Attorney General Letitia James files a lawsuit accusing Donald Trump of falsifying business records, issuing false financial statements and failure to pay $327 million worth of parking tickets. Just for fun, Trump declares that he’s guilty, while the Democrats call the lawsuit a politically motivated witch hunt. Everyone enjoys a hearty laugh before order is restored.
On a sadder note, the world mourns the death of Queen Elizabeth II, the beloved monarch who reigned over the United Kingdom during its transition from the center of a vast global empire to a popular tourist destination roughly the size of a pickleball court. She is succeeded by her 143-year-old son, King Charles the Uncomfortable, who will be officially crowned next year in a traditional British ceremony-gasm featuring numerous horses.
In response to yet another viral TikTok “challenge” video, the Food and Drug Administration issues an urgent bulletin stating that people who eat chicken that has been marinated in NyQuil “probably deserve to die.”
October
The national debt creeps up by yet another trillion and now exceeds $31 trillion, but again this is nothing to worry about because it has absolutely no economic consequences. We don’t know why we even bother keeping track.
Speaking of money: Elon Musk announces that he has decided to buy Twitter after all, because the only Springsteen tickets he could get for $44 billion were “way the hell up in the balcony.”
Snip.
Abroad, Liz Truss resigns as prime minister of the United Kingdom after a turbulent term lasting a little under 14 minutes. She is replaced by Rishi Sunak, whose name can be rearranged to spell “Is A Hunk, Sir.” In China, President Xi Jinping wins an unprecedented third term when delegates to the Communist Party congress unanimously elect, after careful consideration, not to die.
November
As the historic midterm elections approach, with the fate of democracy hanging in the balance, verified blue check mark media personalities on Twitter focus with a ferocious intensity on the single most critical issue facing the nation, if not the world: the status of verified blue check mark media personalities on Twitter.
The problem is that Elon Musk intends to charge people $8 a month for a blue check mark, which would mean any nonelite rando could get one, which would be a blatant violation of the U.S. Constitution’s Twitter Verification Clause. Some verified users go so far as to declare, on Twitter, that they are seriously considering leaving Twitter, although it is not immediately clear what they would do with the extra 14 hours per day.
Greetings, and welcome to a Christmas Eve Eve LinkSwarm! It got down to 14°F yesterday, and only up to a balmy 30°F or so today. In addition to trying to stay warm, I’ve been working finishing up my latest Lame Excuse Books catalog, which went out earlier this evening. (Drop me a line if you want a copy.) Due to that, I think I’m going to break this LinkSwarm into two parts.
House passes pork-filled omnibus spending bill that 18 Republican senators let escape the senate. The amount of bad stuff in here will probably require multiple links tomorrow…
Gov. Gavin Newsom, newly inaugurated Los Angeles Mayor Karen Bass and legislative leaders are pledging decisive action on California’s homelessness crisis, which raises a pithy question: Why did it erupt during a period of strong economic growth?
The reasons often offered include a moderate climate, the availability of generous welfare benefits, mental health and drug abuse. However, a lengthy and meticulously sourced article in the current issue of Atlantic magazine demolishes all of those supposed causes.
Rather, the article argues persuasively, California and other left-leaning states tend to have the nation’s most egregious levels of homelessness because they have made it extraordinarily difficult to build enough housing to meet demands.
Author Jerusalem Demsas contends that the progressive politics of California and other states are “largely to blame for the homelessness crisis: A contradiction at the core of liberal ideology has precluded Democratic politicians, who run most of the cities where homelessness is most acute, from addressing the issue.
“Liberals have stated preferences that housing should be affordable, particularly for marginalized groups … But local politicians seeking to protect the interests of incumbent homeowners spawned a web of regulations, laws, and norms that has made blocking the development of new housing pitifully simple.”
Demsas singles out Los Angeles and the San Francisco Bay Area as examples of how environmentalists, architectural preservationists, homeowner groups and left-leaning organizations joined hands to enact a thicket of difficult procedural hurdles that became “veto points” to thwart efforts to build the new housing needed in prosperous “superstar cities.”
While thriving economies drew workers to these regions, their lack of housing manifested itself in soaring rents and home prices that drove those on the lower rungs of the economy into homelessness.
Benjamin Netanyahu manages to form new government in Israel. It only took two months since the election!
Mayor Adler’s legacy in Austin:
I just came home today from a 4 day business trip in Austin. Homeless and drug addicts were everywhere. Girls looked like guys, guys looked like girls. In my hotel last night I was woken 3 times from separate bouts gunfire. What happened to this great city?
State budgets for Texas and California are in the news, and once again the two largest states in the union are headed in opposite directions:
In Texas, lawmakers are wrangling about what to do with a $27 billion surplus.
The Texas Legislature is in for a fight over how to spend its expected pot of money from inflation-driven record consumption tax collections.
Trying to direct the Legislature and the Texas House specifically often resembles herding cats — 150 members with 150 different ideas on how the $27 billion projected surplus should be appropriated.
Comptroller Hegar indicated this week that the total might grow even more by the New Year. He will provide an updated certified revenue estimate in January.
Whether it grows or not, the sum will be a large pot with which the Legislature can do a lot.
The foremost suggestion is to buy down property taxes through ramped-up compression of local ad valorem tax rates.
Gov. Greg Abbott has called for spending “at least half” on “the largest property tax cut ever in the history of Texas.” Lt. Governor Dan Patrick first called for using $4 billion to cut taxes and then upped that to possibly more than half of the total.
The Legislature already has $3 billion earmarked for a buydown next session from holdover American Rescue Plan Act funds.
That’s the estimated deficit Gov. Gavin Newsom and state lawmakers will confront when crafting a budget for the upcoming fiscal year, the Legislature’s nonpartisan fiscal advisor announced Wednesday.
The projection marks a stunning reversal from back-to-back years of unprecedented prosperity: The budget for California’s current fiscal year clocked in at a whopping $308 billion, fueled by a record $97 billion surplus that was by itself enough to treat every state resident to a $7,500 vacation. The year before, Newsom and lawmakers approved what was at the time a record-busting $263 billion budget that included a $76 billion surplus.
Snip.
The Legislative Analyst’s fiscal outlook doesn’t take into account soaring inflation rates or the increasingly likely possibility of a recession. Due to inflation, “the actual costs to maintain the state’s service level are higher than what our outlook reflects,” the analyst’s office wrote. The estimated $25 billion deficit thus “understates the actual budget problem in inflation-adjusted terms.” And, if a recession were to hit, it would result “in much more significant revenue declines,” meaning California could bring in $30 to $50 billion less than expected in the budget window.
I don’t think there’s any “if” about a recession anymore.
For a while California’s tech and entertainment industry strengths were outrunning its massive blue state economic mismanagement and green energy delusions. That’s no longer the case.
The problem with the blue state model is that they either run out of other people’s money, or people take it with them when they move before the state can take it away. Still others leave to avoid the outrageous cost of living. No wonder U-Haul ran out of trucks to leave the state.
Budgets are hard to balance even in good times, given competing priorities and political factions. It becomes much harder in a recession. And it becomes nearly impossible when you try to fund not only the regular Democratic Party graft and fraud, but social justice madness and green energy delusions.
Which is why so many Californians are getting out while the getting is good…
The Pennsylvania House of Representatives voted on Wednesday to impeach controversial Philadelphia District Attorney Larry Krasner (D-PA).
Five lawmakers, including three Republicans and two Democrats with constituencies in Philadelphia, formed a committee to investigate Krasner earlier this year. Members of the lower chamber voted by a margin of 107 to 85 in favor of impeaching Krasner, enabling the Pennsylvania Senate to remove the official with a two-thirds majority.
“Texas Democrats Blame Lackluster Midterm on 2021 Election Reform, Redistricting, and Poor Border Messaging.” Note that the word “policies” appears nowhere in the article…
The partisan index for Texas counties. Republican counties tended to get slightly more Republican while Democratic counties got slightly less Democratic.
A study conducted by criminologist Michael Smith of the University of Texas at San Antonio shows that 56 percent of individuals charged with violent crimes or weapons law violations in Dallas are released on bail or their own recognizance. That figure includes about 75 percent of offenders charged with weapons law violations, about two-thirds of those arrested for aggravated assault, and 34 percent of those arrested for murder.
Smith examined 464 arrests from 2021 and followed the cases through May 15 of this year. The dataset included all (109) arrests for murder, 25 percent (73) of arrests for robbery, 25 percent (154) of arrests for aggravated assault involving a family member, 10 percent (67) of arrests for aggravated assault not involving a family member, and 10 percent (61) of arrests for weapons law violations.
Almost a quarter of those released were arrested again within the course of the study. The average length of time between release and the second arrest was 148 days.
Disney shares are down 40 per cent this year, and last week’s quarterly report makes for grim reading. Disney’s expenses and operating losses are skyrocketing. Even the hugely popular Disney+, which continues to gain in subscribers, made an operating loss of $1.47 billion – more than double its loss last year. An internal memo last week announced job cuts and a hiring freeze.
Perhaps it is no coincidence that Disney’s troubles arrive in a year when the company has been distracted by politics. Indeed, it seems to have gone into overdrive to promote woke causes, both on screen and off.
Most infamously, in March, Disney waded into a bruising political battle with Florida governor Ron DeSantis, over his Parental Rights in Education Act. The law, now enacted, bans ‘classroom instruction’ on issues of ‘sexual orientation or gender identity’ for Florida schoolkids under the age of 10. Although the law has the overwhelming support of parents, from across the political spectrum, it sparked fury in media circles. Critics were quick to dub it the ‘Don’t Say Gay’ law, arguing that it ‘marginalises LGBTQ+ people’.
Disney was only too happy to join in the chorus of denunciation. The act ‘should never have passed’, said Disney in a statement. ‘Our goal as a company is for this law to be repealed by the legislature or struck down in the courts.’ Disney also pledged to donate $5million to organisations opposed to the law. But DeSantis hit back. He revoked a special tax status that Disney’s Florida theme parks had enjoyed since 1967.
Disney’s growing reputation for championing woke causes is costing it more than just its tax exemptions. It is now clearly damaging its relationship with audiences. As recently as March 2021, Disney’s public-approval rating was 77 per cent. But a September poll finds approval for Disney has now fallen to only 51 per cent among all Americans. And it has fallen into negative territory among Republicans. As pollster Chris Wilson notes: ‘It is highly unusual for a family entertainment company to find itself outside the good graces of so many Americans.’
Governor Ron DeSantis said in his victory speech that, not only did he win the Florida gubernatorial race, but he has also “rewritten the political map.” It is difficult to argue with that assessment. He beat Democrat Charlie Crist by 20 percentage points and flipped Democratic strongholds such as Miami-Dade County.
A particularly potent force in his campaign has been culture-war issues — battles DeSantis won by going on the offensive. “We fight the woke in the legislature,” he said in his speech. “We fight the woke in the schools. We fight the woke in the corporations. We will never, ever surrender to the woke mob. Florida is where woke goes to die.”
As with Trump, DeSantis’s political aggressiveness wins him admirers. The tactics that some conservatives consider morally or philosophically dubious appear only to intensify his popularity.
In March, the Republican Florida legislature passed the Parental Rights in Education Act, preventing teachers from instructing kindergarten through third-grade students in gender identity and sexuality. “I would say when you oppose a parent’s rights and education bill, which prevents six-, seven-, eight-year-olds from having sexuality, gender ideology injected in their curriculum, you are the one that’s waging the culture war,” DeSantis said in defense of the bill. DeSantis also signed the Stop W.O.K.E. (Wrongs to Our Kids and Employees) Act, preventing critical race theory from being promoted or advanced in schools and corporations.
When Walt Disney executives criticized the education law as a “Don’t Say Gay” bill, DeSantis retaliated by questioning whether the corporation’s 50-year-old “independent special district” status should go under “review” to ensure that it is “appropriately serving the public interest.” Charles C. W. Cooke warned about the dangers of this move. Yet, however short-sighted, it was undoubtedly effective culture-war politics. DeSantis’s enemies fell into the trap: Democrats revealed their hypocrisy by rushing to the defense of big business.
DeSantis has also won the PR fight on immigration. His morally dubious decision to fly asylum seekers to Martha’s Vineyard revealed Democrats’ hypocrisy. His hard line on immigration does not dampen support among Hispanics. According to a Telemundo/LX News poll, DeSantis had a 51 percent to 44 percent lead over Crist among Hispanic voters. A bilingual pollster who conducted the survey explained: “There are lots of Hispanic voters in this state who really like the governor’s style, this strongman who won’t back down.”
On transgenderism, DeSantis has been utterly fearless. He stated that, in children, most “dysphoria resolves itself by the time they become adults” and “it’s inappropriate to be doing basically what’s genital mutilation.” While other Republican states have tried to use legislation to stop gender experiments, DeSantis appointed a state medical board that banned doctors from prescribing puberty blockers, hormones, and gender-transition surgeries. This way, his enemies can’t claim that politicians are interfering in the medical profession. Rather, it’s medical professionals keeping politics out of health care.
FTX’s new CEO and liquidator, John Ray III, who also oversaw the unwinding and liquidation of Enron, admits that “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.”
And just in case his shock at FTX’s fraud of epic proportions was not quite clear enough, he adds that “from compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.”
Snip.
Below we excerpt some of the most notable highlights from the affidavit, which we embed at the bottom of the post and which everyone should read to get a sense of just how massive Sam Bankman-Fried’s fraud was.
I have over 40 years of legal and restructuring experience. I have been the Chief Restructuring Officer or Chief Executive Officer in several of the largest corporate failures in history. I have supervised situations involving allegations of criminal activity and malfeasance (Enron). I have supervised situations involving novel financial structures (Enron and Residential Capital) and cross-border asset recovery and maximization (Nortel and Overseas Shipholding). Nearly every situation in which I have been involved has been characterized by defects of some sort in internal controls, regulatory compliance, human resources and systems integrity.
Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.
For purposes of managing the Debtors’ affairs, I have identified four groups of businesses, which I refer to as “Silos.” These Silos include:
(a) a group composed of Debtor West Realm Shires Inc. and its Debtor and non-Debtor subsidiaries (the “WRS Silo”), which includes the businesses known as “FTX US,” “LedgerX,” “FTX US Derivatives,” “FTX US Capital Markets,” and “Embed Clearing,” among other businesses;
(b) a group composed of Debtor Alameda Research LLC and its Debtor subsidiaries (the “Alameda Silo”);
(c) a group composed of Debtor Clifton Bay Investments LLC, Debtor Clifton Bay Investments Ltd., Debtor Island Bay Ventures Inc. and Debtor FTX Ventures Ltd. (the “Ventures Silo”);
(d) a group composed of Debtor FTX Trading Ltd. and its Debtor and non-Debtor subsidiaries (the “Dotcom Silo”), including the exchanges doing business as “FTX.com” and similar exchanges in non-U.S. jurisdictions. These Silos together are referred to by me as the “FTX Group.
Each of the Silos was controlled by Mr. Bankman-Fried. Minority equity interests in the Silos were held by Zixiao “Gary” Wang and Nishad Singh, the co-founders of the business along with Mr. Bankman-Fried. The WRS Silo and Dotcom Silo also have third party equity investors, including investment funds, endowments, sovereign wealth funds and families. To my knowledge, no single investor other than the co-founders owns more than 2% of the equity of any Silo.
Much, much more at the link, including an eye-dropping, deeply incriminating Twitter thread by founder Sam Bankman-Fried about the step-by-step decisions they made that weren’t really illegal because they had such good intentions.
BlackRock’s energetic focus on ESG investing is affecting its bottom line. The index fund’s performance is deteriorating, and risks are accumulating. In the face of this situation, UBS Wealth Management recently downgraded ratings for BlackRock (NYSE: BLK) by now listing it as a “Neutral” recommendation rather than a “Buy.” The bank also cut the target stock price to $585 from $700.
The new recommendations were made based entirely on BlackRock’s reckless ESG positioning. UBS says that stubborn insistence on this course could also trigger increased regulatory inspections and investor withdrawals.
Thus, the company pressuring countless firms to adopt more “woke” positions has suddenly found a boomerang coming in its direction. Investors and analysts are now telling BlackRock that ESG shenanigans are bad business and want it stopped.
Another one of those things that makes you go “Hmmmm“: “The Funeral Business Is Booming (And Not Because Of COVID)…We’re having to do at one point of time 20 percent more funerals which is unheard of…the third quarter of this year, we did 15% more calls than we did in the third quarter of 2019.”
Jay Leno is expected to make a full recovery after getting seriously burned in a gasoline fire from one of his many cars. Conan O’Brien should call him up and go “Jay, when I said ‘die in a fire,’ I meant it figuratively, not literally!”
“This was a close call,” said one Republican leader in Washington. “We were worried that we would achieve massive victories tonight, but we thankfully snatched defeat from the jaws of victory to achieve a much more proper and sensible red trickle, like the proper gentlemen we are.”
Greetings, and welcome to a special Election Eve Monday LinkSwarm! My Internet is back up, and tomorrow night I will be liveblogging the election returns starting around 7 PM.
For the past week or so, my back-of-the-envelope math envisioned a GOP House majority somewhere between 229 and 241, and I’m sticking to that. Give the Republicans the 212 seats in Cook Political Report, with two-thirds of the 35 races in the toss-up category, and you end up with 235 Republicans and 200 Democrats, so put those down as my final prediction numbers.
Snip.
With Bolduc, Laxalt, and Johnson winning, I come out to a 51–48 GOP advantage by the end of the week, with Walker and Warnock headed to a runoff. It wouldn’t shock me if Oz or Masters or both won, giving Republicans a 53- or 54-seat majority.
On Sunday, Hilary Rosen, a longtime Democratic strategist, predicted on CNN’s “State of the Union” that her party will have a bad night on Tuesday because they did not listen to voters.
“I’m a loyal Democrat, but I am not happy. I just think we did not listen to voters in this election, and I think we are going to have a bad night,” she said.
She faulted the Democratic Party for ignoring voters’ concerns about the economy, and implored them to “stop talking about democracy being at stake.”
“When voters tell you over and over and over again that they care mostly about the economy, listen to them,” she said. “Stop talking about democracy being at stake. Democracy is at stake because people are fighting so much about what elections mean. Voters have told us what they wanted to hear. I don’t think Democrats have delivered this cycle.”
Republican Sens. Chuck Grassley and Ron Johnson gave the federal prosecutor probing Hunter Biden a little nudge Wednesday — sending him more than 200 pages of bank records showing millions in transactions between the first son’s companies and Communist Chinese-tied entities.
Snip.
The senators’ analysis of banking records, first reported by Fox News, finds that between August 2017 and October 2018, $6 million was transferred to a company allegedly set up by Hunter Biden called Hudson West III, $5 million came from Northern International Capital, a [Chinese energy compan] CEFC affiliate, and $1 million was transferred from CEFC itself.
From the pool of cash, $4.8 million was transferred from Hudson West III to other Biden companies, such as Owasco P.C. and Owasco LLC, and to a company associated with President Biden’s brother James, the Lion Hall Group.
The bank records also show that Hunter Biden and his aunt and uncle, Sara and James Biden, went on a “spending spree,” in the senators words, after Hudson West III received the millions in payments from CEFC, through a line of credit that was opened.
“We are also providing bank records showing that credit cards were collateralized by a $99,000 preauthorized withdrawal from Hudson West III,” Grassley and Johnson write, noting that the money was spent for airfare, at Apple stores, hotels, and restaurants, as they detailed back in 2020.
Grassley and Johnson also mention two $3 million wire transfers sent to Robinson Walker LLC, another Hunter Biden-associated company; and by State Energy HK Limited, another CEFC affiliate, saying the purpose of those transfers “is unclear.” The Post reported on those mysterious transactions back in 2020.
The senators also make reference to JiaQi Bao, Hunter Biden’s Chinese secretary, who reportedly pushed for “Uncle Joe” Biden to run for president and has been linked to the Chinese government. The bank transactions included in Grassley and Johnson’s letter show that Hunter Biden made payments to Bao totaling $29,795.84 after Hudson West III received the $6 million from the Chinese firms.
Some names and entities will be familiar to BattleSwarm readers, but other bits are new.
Ballot harvesting, according to the California Democrats who’d like to take it national, is an innocent practice where union members and activists, some of them illegally present in the country, do voters the favor, see, of helping voters fill out their ballots and then collecting those ballots for them so that they need never go to the polls. They call it “a new service.” It’s part of their “make every vote count” agenda, and who could be against that?
But out in Florida, where there’s still some semblance of objectivity, investigators found another story.
According to the Washington Times:
JACKSONVILLE, Fla. — Florida’s newly created Office of Election Crimes and Security is requesting a criminal investigation into charges of ballot harvesting in Orlando, a Democratic stronghold in the critical swing state.
Cynthia Harris, a Democrat who ran unsuccessfully for District 6 commissioner in Orange County, which includes Orlando, provided a sworn complaint to the election crimes office, alleging left-leaning organizations have been perpetrating a scheme to encourage residents in black neighborhoods to apply for mail-in ballots and to fill out those ballots, which she said have been collected by paid canvassers, and sometimes altered, all in violation of state law.
In an interview with The Washington Times, Ms. Harris said she has video evidence of paid ballot harvesters operating in Orlando neighborhoods in both 2014 and 2017, and that the scheme has been going on for decades, continuing through the 2020 election and the 2022 primary.
If voting fraud is this massive in Florida, how widespread and massive is it in states controlled by Democrats? (Hat tip: Sarah Hoyt at Instapundit.)
Two members of Congress from Texas and one former Trump administration official who now serves in the Texas House of Representatives are asking for answers from the Biden administration after discovering that an open borders group funded by George Soros received millions of dollars in federal grant money last year.
Alianza Americas, a nonprofit that says it is “committed to a human rights agenda for all people, with an emphasis on the inclusion and support of Latin American immigrant communities, and people on the move in Latin America,” received $7.5 million from the Centers for Disease Control and Prevention in February 2021, according to the Washington Examiner, and then another $1 million from the Health Resources and Services administration in July.
Both organizations fall under President Joe Biden’s Health and Human Services organization, and both grants were to fund COVID relief and vaccination efforts.
The group has also received nearly $1.4 million from George Soros’ Open Society Foundation from 2016 through 2020.
Federal law prohibits government grant money from being spent on lobbying, but Alianza Americas may have violated that prohibition in its activities as a “political advocacy group,” according to a letter from former HHS Chief of Staff Brian Harrison.
Chicago teacher’s unions want to pass an Illinois state constitutional amendment that would basically let them run the state.
If approved by Illinois voters in November, Amendment 1 will give government teachers’ unions an unfettered constitutional right to demand not just anything in their interests, but in what they see as the interests of every Illinoisan. The amendment is not limited to employee matters at the workplace.
Don’t take my word for that. Look at the first sentence of the argument in favor of it as written in the official summary as published by the Illinois Secretary of State: “This amendment will protect workers’ and others’ safety.” [Emphasis added.]
hat particular sentence is just about safety, but it shows the broad interpretation of the amendment beyond the workplace that government unions will assert. The language of the amendment itself supports that broad interpretation, and will extend to anybody’s “economic welfare,” which is pretty much everything.
What will government unions, especially radical teachers’ unions, demand with that new constitutional right?
The Chicago Teachers Union has long been quite open about its purpose. It sees itself as the vanguard of a national movement, led by unions like itself, that is textbook Marxism.
That purpose is well documented. It goes beyond the radical curriculum they teach in schools and encompasses an entire rearrangement of how America works.
Among the first things we wrote about on this site, ten years ago, was the role of the CTU and other teachers’ unions at a Marxism conference held that year:
The event was teeming with teachers who spoke about the new found bond” between Socialism and teachers’ unions according to reports, and Chicago teachers were on the stage. Chicago Teachers Union [then] VP Jesse Sharkey spoke at one breakout session. Becca Barnes, a Chicago Teachers Union teacher and organizer with Chicago Socialists, proclaimed at the beginning of the conference that “the struggle here in the United States has entered a new phase. Nowhere have we pointed the way forward more clearly than here in Chicago with the teachers union strike….”
Since then, militant radicalism has become still more firmly embedded in the CTU. That history is well documented – quite proudly by radicals themselves. The International Socialist Review, for example, lays out a good history of the CTU, saying the CTU “transcended a simple labor dispute and was transformed into a social movement, with the teachers fusing their struggle with that of the community they serve…joining in the Occupy Chicago movement that pointed out the root of societal problems—social and economic inequality.”
A poll that shows ridiculously low support from black voters for defunding the police should be the final nail in the coffin for Democrats’ anti-law and order campaign of the last seven years.
TheGrio.com commissioned a poll, along with the Kaiser Family Foundation, which found that 82% of black respondents want police funding either to be kept about the same (48%) or increased (34%). Only 17% wanted it decreased.
It’s just like Kari Lake said in a recent confrontation with a reporter. If you go into most black neighborhoods and talk about defunding the police, they’ll look at you “like you’re the craziest person on the planet.” But it’s one thing for a white, conservative Republican to say it — it’s far more important to hear black respondents in a poll confirm it overwhelmingly.
Things that make you go “hmmmm“: “San Francisco DA Won’t Release Police Bodycam Video, 911 Calls From Paul Pelosi Attack.”
Great line in the middle of this Ben Shapiro election roundup video: “Andrew Cuomo came to kill all the old people and grab ass, and he ran out of old people.”
Remember all those stories of how bad it sucked for workers in Foxconn’s iPhone factory? It’s worse now.
Hundreds and perhaps thousands of workers fled a Chinese manufacturing complex that accounts for 85% of iPhone assembly capacity. The mass migration, which began this weekend, called into question that country’s COVID-control measures and, more broadly, its reliability as a part of global supply chains.
“Something snapped over the weekend,” Bloomberg News reports. Employees suddenly fled the Zhengzhou plant of Hon Hai Precision Industry Co. Ltd., better known as Foxconn. Videos show, in what is now called the “Foxconn Great Escape” or the “iPhone Long March,” workers scrambling over high chain fences at the plant, known as “iPhone City.”
To avoid detection, workers traveled through cropland by day. At night, they took to the roads. “Some people were walking amid wheat fields with their luggage, blankets, and quilts,” said a poster on WeChat, the popular Chinese social media platform. “I couldn’t help but feel sad.”
Residents of neighboring areas rallied, for instance leaving water and provisions in the open on roadsides. Social media postings reported signs such as “For Foxconn workers returning home.”
Truckers also pitched in. Risking criminal prosecution, they took workers in pick-up, dump, and flatbed trucks. One video shows a woman standing on the back of a big tank truck speeding down a highway in the rain.
Workers fled Foxconn’s “closed loop” system, which isolated the plant from the rest of society. Inside the loop, the company went to great lengths to stop COVID. As a disease-control measure, it had ended canteen service on October 19, forcing workers to eat boxed food in dormitory-style sleeping quarters. Food was reportedly scarce, and conditions in the dorms rapidly deteriorated. On Sunday, Foxconn announced it would resume cafeteria dining.
The political establishment—left and right—want desperately to move on, to pretend the last 30 months didn’t happen. With very few exceptions (Ron DeSantis, Kirsti Noem, Rand Paul, Thomas Massie, Ron Johnson, and a few others, later), they betrayed their core values. Many Republicans and so-called Libertarians quickly capitulated the primacy and importance of individual liberties. Whereas supposedly equality-loving democrats embraced policies that in no uncertain terms screwed women, children and the poor. The 2020 democrat campaign slogan might as well have been “protect the rich, infect the poor.” Or “only the rich need to learn.” They’d all very much like that you forget about that. They’d like to go back to the fights they know how to fight, the golden oldies that turn the bases out, and turn us against each other. But COVID policies turned the whole thing on its side, jumbling us all up and resulting in all sorts of hitherto unheard of alliances. And when your business is maintaining the status quo, that is very dangerous.
Which is why Emily Oster is pleading for an amnesty.
First, let’s be clear to whom Emily Oster is speaking. She’s speaking to the furious well-educated suburban women who are swinging towards Republicans in this cycle, even in the bluest of states. Because it was the bluest of states that were hit hardest by these policies. It was in blue states that the schools were closed longest, that the economic devastation was worst, that crime spiked the most, where masks were required longest. The damage done by these policies is at its beginning, not its end. Dr. Oster, would like women to believe that it was all just a mistake, a mis-understanding, and remember that it is the Republicans who are looking to limit the freedoms that really count. That while democrats had no problem sacrificing the well-being of our living children for three years in support political power, it is Republicans that pose the real threat.
Blue city blues: “Nearly 20% Of Seattle Shootings Happened Near Homeless Encampments.”
Man who used to get all his information on conservatives from the mainstream media realizes he’d been lied to.
When I left the mainstream liberal media bubble & started listening to right-wing media to understand what they want, I became more aware of the world around me than ever before. Without the filter, I got to hear what conservatives actually believe & it's not what I was told.
— Adam B. Coleman, President of Aintblackistan (@wrong_speak) October 21, 2022
For a couple of days, I was at this conservative conference, everyone I spoke with was courteous and supportive and I felt completely comfortable. I didn't have people stare at me or give me the feeling that I wasn't welcome. Actually, quite the opposite.
— Adam B. Coleman, President of Aintblackistan (@wrong_speak) October 21, 2022
However, when I would go on Twitter, they would show clips from the event and reframed this benign conservative conference as being a "KKK rally". If Americafest was a KKK rally, then it was the lamest KKK rally ever.
— Adam B. Coleman, President of Aintblackistan (@wrong_speak) October 21, 2022
Wendell Perez received a call from the elementary school that would alarm any parent. School officials told him that his 12-year-old daughter had attempted suicide in the school’s bathroom. He was told it was because she wanted to be a boy, with a male name and pronouns.
Wendell couldn’t believe it. At home, his daughter hadn’t shown any signs of gender dysphoria or discomfort in being a girl. The Perez family is Catholic, and they raised their children with a biblical and scientific understanding of biological sex.
But when Wendell and his wife Maria arrived at the school, they found out that school officials had been having confidential meetings with their daughter and discussing her discomfort with her gender. Wendell and Maria found out that teachers and staff at school had begun treating their daughter as a boy at school without their consent or knowledge. Wendell was told by staff that they didn’t share information about his daughter’s “transition” with him or his wife because of “confidentiality issues.”
Whatever happened to in loco parentis? Or does that just not apply when there are radical transexual activists to mollify?
When the school called his 14-year-old son to the principal’s office for refusing to say a female student was a boy, Matthew Duncan decided he’d had enough.
When the school called his 14-year-old son to the principal’s office for refusing to say a female student was a boy, Matthew Duncan decided he’d had enough.
“There was never a push towards dominance and control like it is now,” said Duncan. “You can’t voice your opinion.”
In response, many families in Grants Pass have withdrawn their children from public school, enrolling them in private school or starting to homeschool, Grants Pass teachers, school administrators and parents told The Epoch Times.
Meanwhile, in a civilized state: “Florida Bans Puberty Blockers and Transgender Surgery for Minors.”
Also, an O’Rourke rally too close to a voting location violated Texas law.
Still more Beto: “New poll shows Abbott gaining six points in eight weeks, 53/40.”
“More California companies moving headquarters out-of-state than ever before.” Texas once again tops the list of destination states, followed by Tennessee, Nevada, Florida and Arizona.
“Democrat Nominee In Arkansas Arrested For Felony Terroristic Threatening. Law enforcement officials in the state of Arkansas arrested Diamond Arnold-Johnson, the Democrat nominee for Arkansas auditor, on Friday for first-degree terroristic threats.” Bonus:
Arnold-Johnson’s husband was on trial in August for allegedly posting terroristic threats on Facebook, police said. During the trial, Arnold-Johnson, 32, admitted that she, not her husband, posted the threatening messages on Facebook that led to the criminal charges, KATV reported.
A warrant was served for Arnold-Johnson’s arrest on October 13, but she refused to comply and a SWAT team was dispatched to resolve the matter.
However, police made the decision to cancel using the SWAT team to force compliance from Arnold-Johnson in an apparent attempt to not risk an explosive situation happening right before an election.
I cannot believe democracy is about to die in America, again.
After years of living under a dictatorship, America rose from the ashes. Democrats took control of the Presidency, the House, the Senate, the university system, Big Tech, the entertainment industry, and major corporations – and thereby defeated fascism by seizing every major lever of power in the nation. With one-party rule established, and all of our critics silenced, democracy was once again free to flourish.
Now, our dear democracy is under attack – by America holding a so-called “election” and allowing idiots to vote. Let us be clear about what the stakes are: if a single person I disagree with is elected in a free and fair election, democracy will be DEAD. If citizens have the power to simply vote the ruling party out of power – when I really like the current ruling party – all is lost.
Blue cities bleed, more Democrats violating election laws, another Democratic congressional staffer exposed for carrying water for Red China, Elon Musk takes over and immediately starts cleaning house at Twitter, and more transexual lunacy. It’s the Friday LinkSwarm!
As polling continues to show crime is a top issue for voters, the number of homicides has skyrocketed nationwide.
In fact, homicide rates rose by an average of nearly 10% in 50 of the most populated U.S. cities between the third quarter of last year and the third quarter of this year — and are still rising — according to a new study.
WalletHub compared 50 of America’s largest cities based on per capita homicides for the third quarter (July through September) of each year since 2020, using locally published crime data to compile its findings.
According to WalletHub, these were the ten cities with the highest homicide cases per 100,000 residents from July through September:
St. Louis, Mo. (19.69)
Kansas City, Mo. (14.86)
Detroit, Mich. (13.24)
Baltimore, Md. (12.45)
New Orleans, La. (10.99)
Milwaukee, Wisc. (10.46)
Memphis, Tenn. (9.99)
Philadelphia, Pa. (9.36)
Norfolk, Va. (7.78)
Chicago, Ill. (7.71)
The top prosecutors in most of these cities are backed by progressive megadonor George Soros, a billionaire who’s spent the last several years injecting tens of millions of dollars into local district attorney races nationwide, backing candidates who support policies such as abolishing bail, defunding the police, and decriminalizing or deprioritizing certain offenses.
In St. Louis, for example, Circuit Attorney Kimberly Gardner is one of the first prosecutors bankrolled by Soros’ financial network of organizations and affiliates, heavily funded by these sources in 2016 and again in 2020.
Amid high homicide figures, Gardner has declined more cases and issued fewer arrest warrants than her predecessor, charging fewer felonies and prosecuting thousands of fewer cases as a result. She has also deferred prison sentences for misdemeanors and nonviolent felonies as part of her reform initiatives.
Gardner has said this is part of her “platform to reduce the number of cases unnecessarily charged in order to focus on the more difficult cases for trial.”
Last year, Gardner came under fire after three murder cases under her purview were dismissed in one week due to prosecutors in her office not showing up for hearings or being unprepared.
Her campaign website boasts that she’s “made jail and prison a last resort, reserved for those who pose a true public safety risk,” while limiting “the arrest and detention of people accused of misdemeanors and low-level felonies.”
Philadelphia DA Larry Krasner is another Soros-funded prosecutor.
Soros spent almost $1.7 million through the Philadelphia Justice and Public Safety PAC to help Krasner in 2017, pouring more than five times as much money into the race as Krasner himself. Four years later, Krasner received a combined $1.259 million from Soros-funded groups for his reelection.
During his tenure, Krasner has cut the future years of incarceration by half and slashed the length of parole in probation supervision by nearly two-thirds compared to the previous DA. He has also made a priority of not prosecuting people who are illegally in possession of guns unless they hurt or kill people.
The top prosecutors in New Orleans, Milwaukee, Norfolk, and Chicago have also been backed by Soros-linked money. Many of the others are self-described progressive prosecutors.
According to some experts, progressive prosecutors pursuing soft-on-crime policies have contributed to the spike in homicides and other violent crime.
“Prosecutors in most major cities have failed the people they serve by refusing to prosecute criminals, including those charged with violent crimes,” Tristin Kilgallon, associate professor of pre-law and history at the University of Findlay, told WalletHub. “Countless violent crimes have been committed by those who have been released back into the streets due to recent ‘bail reform’ initiatives or by prosecutors who declined to pursue charges.”
“Texas Secretary of State Finds ‘Serious Breaches’ in Harris County 2020 Election Audit. Auditors found multiple chain of custody issues and violations of state and federal law requiring maintenance of records in the state’s largest county.”
Issues found by auditors relate primarily to the county’s extralegal “drive-thru” voting initiated by then-interim County Clerk Chris Hollins.
Auditors found that for at least 14 polling locations the county does not show chain of custody for the Mobile Ballot Boxes (MBB) and that there were multiple MBBs created for some voting locations. Auditors say the MBBs from the polling locations “were not the MBBs ultimately tabulated.” They also note that they have been able to locate some missing MBBs, but have not been given an explanation as to why the originals were not tabulated. Each MBB can hold 9,999 ballots.
Another issue found by auditors is that poll book and provisional voting data provided by the county do not match the number of cast vote records on some of the devices.
Ennis also noted that after upgrading voting systems the county does not appear to have retained “any equipment or computers that provide relevant reports or alternatively, can read the MBBs” from 2020 or recover the cast vote records stored in them as required by both state and federal election codes.
Why, it’s almost like the Democrats running Harris County wanted to commit election fraud…
Speaking of election fraud, Facebook has been fined $25 million for breaking Washington State election law.
According to court documents, King County Superior Court Judge Douglass North found Meta to be in violation of Washington’s political disclosure law 822 separate times between 2019 and 2021 and issued the maximum possible fine for each instance, which totaled up to $30,000 per violation.
Meta was also ordered to “come into full compliance” with the state’s election transparency laws within the next 30 days as well as pay the attorney’s fees for the case, which Ferguson has requested be tripled for a total of $10.5 million. The final total will be decided by North at a later date.
According to The Seattle Times, the state’s election transparency laws, which have been in place since 1972, require ad sellers to “disclose the names and addresses of political buys, the targets of such ads and, the total number of viewers of each ad.” The judge found that Meta had intentionally violated the standards.
Washington Democrat Attorney General Bob Ferguson said “that he had “one word for Facebook’s conduct in this case – arrogance.”
He told the Times, “It intentionally disregarded Washington’s election transparency laws,” Ferguson said. “But that wasn’t enough. Facebook argued in court that those laws should be declared unconstitutional. That’s breathtaking.”
When Pennsylvania Democrats insist that a candidate who suffered a life-threatening stroke in May is recovering well and “has no work restrictions and can work full duty in public office,” that candidate must look and sound fine to prove they’re telling the truth. Last night, in the lone debate in the Pennsylvania Senate race, John Fetterman looked and sounded very, very far from fine. But you can judge for yourself by watching the whole debate here.
I expected Fetterman’s debate performance to be a Rorschach test, with Democrats insisting that he was fine and hand-waving away any problems, and Republicans pointing to every verbal misstep, pause, or oddly worded answer. But by the end of the hour, there was little debate, no pun intended. John Fetterman’s ability to hear, understand, process information, and speak appears to still be severely impacted by his stroke. Perhaps the worst moment of the night came when one of the moderators asked him about a statement he made in 2018 opposing fracking, and how he could square that past stance with his current claim that he always supported fracking. After a long pause, presumably from reading the moderator’s question from the monitor, Fetterman said, “I, I, I do support fracking and . . .” and then for a moment, Fetterman’s head shook, and his mouth moved, but no words came out. Then he picked up again: “I don’t . . . I don’t. I support fracking, and I stand, and I do support fracking.” With everyone watching likely mortified and embarrassed to watch Fetterman struggle to finish the sentence, the moderator mercifully moved on to the next question.
Elon Musk took over Twitter late Thursday and fired company CEO Parag Agrawal, CFO Ned Segal, senior legal representative Vijaya Gadde, and general counsel Sean Edgett.
Musk, the world’s richest man, acquired the social media giant through a $44 billion purchase. He reportedly had until Friday to complete the deal.
In a video tweet that went viral, Musk appeared at Twitter’s corporate offices Wednesday carrying a sink, implying that employees would need to accept that he was now in charge.
This is a good start, but all the people on the Safety and Trust Council need to be fired, and all accounts suspended or banned need to be restored.
Rishi Sunak is the new UK Prime Minister, and Nigel Farage is not impressed:
A House Democratic staffer was fired after her outreach to other congressional aides allegedly on behalf of the Chinese embassy was revealed this week, National Review has learned. After an investigation found that the staffer had acted improperly, her boss, Representative Don Beyer, swiftly removed her.
“Congressman Beyer was totally unaware of these activities prior to being contacted by the House Sergeant At Arms,” Aaron Fritschner, his deputy chief of staff, told National Review in a statement this morning. “As soon as he learned of them, he followed every directive he was given by security officials. The staffer in question is no longer employed by the office of Congressman Beyer.”
Fritschner added that Beyer, who has a hawkish record on China, was “deeply upset” upon learning about the activities of the now-former staffer, Barbara Hamlett.
Cleveland Municipal Court Judge Pinkey Carr, a Democrat, was found to exhibit such misconduct that comprise more than 100 incidents over a period of about two years.
The misconduct “encompassed repeated acts of dishonesty; the blatant and systematic disregard of due process, the law, court orders, and local rules; the disrespectful treatment of court staff and litigants; and the abuse of capias warrants and the court’s contempt power,” stated the court’s per curium opinion. “That misconduct warrants an indefinite suspension from the practice of law.”
According to auditor’s records, Harris County has not yet recovered more than $1 million paid for a since-canceled COVID-19 vaccine outreach contract tied to the felony indictments of County Judge Lina Hidalgo’s staff.
In addition, invoices indicate that the contractor paid more than half a million of the taxpayer funds to data firms assisting progressive candidates with campaigns and voter turnout.
In 2021, the county awarded an $11 million contract to Elevate Strategies, owned by highly-connected Democratic strategist Felicity Pereyra. Pereyra had previously worked for Hillary Clinton’s presidential campaign, the Democratic National Committee, and Commissioner Adrian Garcia’s (D- Pct. 2) campaign when he ran for mayor of Houston.
After revelations that Hidalgo’s staff had sought to alter experience requirements for potential vendors, and had instructed the purchasing department to disqualify the University of Texas Health Science Center, Hidalgo announced she would cancel the contract. But the public later learned that the county paid out $1.4 million to Pereyra’s firm after the date of cancellation.
During a March 2022 meeting of the Harris County commissioners court, First Assistant County Attorney Jay Aiyer told commissioners that Elevate Strategies had repaid about $200,000 and he expected another $1 million in repayment soon.
In response to queries from FOX26 political reporter Greg Groogan, the county attorney’s office responded that they had recovered $600,000, but refused to comply with an open records request and appealed to Attorney General Ken Paxton’s office in an effort to keep the repayment amounts out of the public eye.
Attorney and former Houston mayoral candidate Bill King sought records from the county auditor, which showed that while the county had paid $1.425 million, Elevate Strategies has only returned $208,000.
Among invoices Elevate Strategies submitted to the county are expenditures of $538,057 for software and canvassers from known Democratic voter turnout groups Civis Analytics and NGP VAN EveryAction.
Founded by Dan Wagner, former chief analytics officer of Obama for America, Civis Analytics has worked to increase voter turnout for a variety of progressive candidates and organizations including Battleground Texas. The group touts data collection that can be compiled into individual voter records for use in political campaigns.
Likewise, NGP VAN’s website advertises the company as “the leading technology provider to Democratic and progressive campaigns and organizations.”
Last year, Hidalgo defended the use of political campaigning groups, saying they had the tools to conduct the outreach. But Rice University professor and political analyst Mark Jones told The Texan there is not a great deal of overlap between the kinds of residents targeted.
“Those are companies focused exclusively on likely voters, which is not the same thing as a vulnerable population that would be the target of a COVID vaccine outreach campaign,” said Jones. “The Civis Analytics and NGP data sets are not designed to reach those targets. They are designed to reach people who are likely to turnout in the 2022 county judge election.”
Jones also noted that Elevate Strategies contract lists as a sub-contractor the Texas Organizing Project, which is another group that conducts canvassing and campaigning on behalf of Democratic candidates, including Hidalgo.
Go that? Lina Hidalgo approved over $1 million in funding for a company who’s primary job is getting Democrats (including herself) elected, paid them money after the contract was cancelled, and when told to give the money back, the Democrat company kept more than $1 million, and then Hidalgo’s office tried to cover it up.
Hidalgo doesn’t just need to be voted out of office, she and her cronies need to be sent to prison for abusing taxpayer money by spending it for partisan political advantage.
Higher inflation, widespread corruption in the federal government, the Bank of England makes Liz Truss blink, and Muslims take exception to Dearborn Public School’s gay agenda. It’s the Friday LinkSwarm!
The Journal reviewed more than 31,000 financial disclosure forms and analyzed more than 850,000 financial assets and 315,000 trades to shed light on any conflicts of interest among more than 12,000 senior career bureaucrats and political appointees. Its investigation found that “thousands of officials across the U.S. government’s executive branch disclosed owning or trading stocks that stood to rise or fall with decisions their agencies made.”
“Across 50 federal agencies ranging from the Commerce Department to the Treasury Department, more than 2,600 officials reported stock investments in companies while those companies were lobbying their agencies for favorable policies, during both Republican and Democratic administrations,” the Journal reports. “When the financial holdings caused a conflict, the agencies sometimes simply waived the rules.”
The federal employees weren’t even subtle about it. Per the Journal, “More than five dozen officials at five agencies reported trading stocks of companies shortly before their departments announced enforcement actions against those companies, such as charges or settlements.”
That’s sus.
To get an understanding of how shady this behavior is, consider examples from a few specific agencies. At the Environmental Protection Agency (EPA), for example, the Journal found that “more than 200 senior officials… or nearly one in three, reported that they or their family members held investments in companies that were lobbying the agency.”
Similar corruption plagues the Department of Defense, where, per the investigation, “officials in the office of the secretary or their family members collectively owned between $1.2 million and $3.4 million of stock in aerospace and defense companies, on average, during years the Journal examined. Some owned stock in Chinese companies while the U.S. considered blacklisting the companies.”
Sometimes there’s a major story out there you don’t have time to really pay attention to, and such is the case with the UK “mini-budget”/Bank of England story. Basically, new UK PM Liz Truss and her Chancellor of the Treasury Kwasi Kwarteng went “We’re going to cut taxes despite soaring inflation” and the Bank of England (which evidently said that UK pension funds were hours from collapse last week) went “No you’re not.” Well, Truss just blinked, Kwarteng is out, and now the UK government is going to raise taxes.
Here’s a video explainer of the complexities of the Bank of England intervention in the bond market.
I’ll still trying to wrap my mind around the phrases “pension fund margin call” and “unlimited quantity” of short term repo liquidity reserves.
The Biden administration’s new technology restrictions are already causing disruptions in China as US semiconductor equipment suppliers are telling staff based in the country’s top memory chip maker to leave, according to WSJ, citing sources familiar with the matter.
State-owned Yangtze Memory Technologies Co. has seen US chip semiconductor equipment companies, including KLA Corp. and Lam Research Corp., halt business activities at the facility. This includes installing new equipment to make advanced chips and overseeing highly technical chip production.
The US suppliers have paused support of already installed equipment at YMTC in recent days and temporarily halted installation of new tools, the people said. The suppliers are also temporarily pulling out their staff based at YMTC, the people said. –WSJ
It’s hard to overemphasize how badly screwed China’s chip industry is with this latest move. Semiconductor equipment not only needs regular maintenance, but extremely specialized expertise when something goes wrong and your yields crash, wizards who can look at a wafer defect chart and determine by experience what’s gone wrong with which tool. Without support and spare parts from the western semiconductor equipment giants, expect yields to start crashing in a matter of months, if not weeks, especially if Applied Materials and Tokyo Electron join the pullout.
The IRGC may be mobilizing retired servicemembers and other affiliated officers to suppress protests in Tehran on October 15.
Protesters have killed more Iranian security personnel in the current protest wave than in any previous wave in the regime’s history according to regime statistics.
Anti-regime protests occurred in at least 11 cities in seven provinces.
Social media accounts that are representing themselves as youth groups organizing and coordinating protests called for countrywide unrest on October 15.
Snip.
Social media accounts that are representing themselves as youth groups organizing and coordinating protests called for countrywide unrest on October 15. Dozens of social media accounts are presenting themselves as provincial components of a broader youth movement aimed at overthrowing the regime. The movement does not appear to have a central headquarters or hierarchy—at least on social media—and some of these groups’ rhetoric is notably disjointed from the others. These accounts claim to have a presence in multiple Iranian cities, including Tehran, Karaj, Neyshabour, Hamedan, Shiraz, and Ahvaz. Some of these accounts called for protests in Khuzestan on October 14, which did materialize in three different cities across the province on that date. Another account claimed that it had activated “sabotage groups” to destabilize the regime on October 14. The Tehran Neighborhood Youth group currently has the most followers and has posted for the longest period of time, possibly suggesting that it inspired copycat accounts based in other cities.
Some of these groups are presenting themselves as having moved from protest organization to coordinating phase one insurgency attacks.
In private, Democratic party officeholders are super racist.
But they’ll arrest parents and take their children if you fail to bow to their transexual madness. “Virginia Democrat Bill Would Criminally Prosecute Parents Who Don’t Affirm Their Kids As Transgender. Previous attempt at the bill was co-sponsored by a senator who served jail time for having sex with a teenager.”
A Virginia Democrat lawmaker says she will introduce legislation to have parents criminally prosecuted if they do not “affirm” their child as transgender. Teachers and social workers would report parents to Child Protective Services under the bill envisioned by state Delegate Elizabeth Guzman (D-Fauquier).
Guzman told WJLA that “It could be a felony, it could be a misdemeanor, but we know that CPS charge could harm your employment, could harm their education, because nowadays many people do a CPS database search before offering employment.”
Guzman, a social worker, went public with her plans to introduce the bill a week after The Daily Wire reported that a National Association Of School Psychologists official named Amy Cannava boasted that she was working with an unnamed state delegate matching Guzman’s description to craft such legislation. “I want to see a kid in a home with food and shelter and insurance and support, but I also don’t want to lose kids to death,” Cannava said, adding that “I will not deny the fact that I have put parents in their place in my office or at school.”
Cannava is also affiliated with a group called the Pride Liberation Project that said it would pick up trans and gay teens who didn’t like their parents, and “work with other supportive adult organizations in the region to find you someone who can provide you a kind and affirming home.”
A similar bill was quietly introduced in 2020 by Guzman and four other Democrats immediately after they took control of the legislature in the 2019 elections. It redefined the term “abused or neglected child” to include one whose parent “inflicts, threatens to create or inflict, or allows to be created or inflicted upon such child a physical or mental injury on the basis of the child’s gender identity or sexual orientation.”
The sole Senate sponsor of the 2020 bill was Joe Morrissey, who served prison time for contributing to the delinquency of a minor after sleeping with his teenage secretary. He accepted a plea deal after initially being indicted on possession of child pornography and other charges.
You know who else hates rolling out the gay agenda to public schools? Muslims.
The only religious people the left is truly scared to offend are Muslims. Criticizing Muslims is completely off the table according to the left’s rules of engagement, so if Muslims are upset about something, the amount of twisting, back-bending, and acrobatics the left will perform in order not to offend them will be something to see.
So when hundreds of Muslim parents, upset at gay porn in the school libraries, showed up to a school board meeting in Dearborn, Mich., and it devolved into shouting and chaos with board members running away and gay protesters being chased to their cars, the fallout was absolutely hilarious. The headline in the Detroit Free Press after the event went haywire was “LGBTQ and Faith Communities Struggle for Unity.” BAHAHAHAHAHAHA. Can you imagine what the headline would have been if it were a Baptist church chasing gay protesters to their cars? “Fascist White Supremacist Book Burners Bash Gay Man in Parking Lot,” or “Rabid Religious Zealots Terrorize Gay Man Defending Right to Read,” or something equally terrible. I don’t know about you, but I’m enjoying this disaster.
Enjoy this thread and all the videos in it. I know I did.
Shouting between various factions as groups take over Dearborn public schools board meeting. Board members have left. Unclear if they are coming back or if meeting will restart. Heavy police presence. pic.twitter.com/XIMEqIRR1X
Problem: Too many Germans are voting for a rightwing party the left disapproves of. Solution: Ban it. Thank God banning other political parties in Germany has never had any negative consequences…
Speaking of things that could never possibly have any negative consequences, Balarus dictator and Putin toady Alexander Lukashenko decrees that all price increases are forbidden. Enjoys those coming goods shortages, Belarussians. (Hat tip: Stephen Green at Instapundit.)
Florida Surgeon General releases study showing heightened cardiac death rates for men ages 18-39 after taking the Flu Manchu mRNA vaccine. So Twitter banned him. Thou Shalt Have No Other Gods Before The Narrative. (They later reinstated him.)
Ukrainian troops shoot down a cruise missile with a MANPADS.
Alex Jones ordered to pay $965 million to Sandy Hook families. As I noted last week, Alex Jones is an unreliable loon, but that judgment seems excessive and punitive merely for running his mouth.
I hope all BattleSwarm readers are safe from the Joe Biden Armageddon thus far. Today’s LinkSwarm features Democrats disdaining the rules followed by the little people, the UN is delusional enough to think they can run the world and defy the laws of economics, and petting dogs is good for you.
UNCTAD, the UN agency dealing with global trade, demanding *all* central banks stop rate hikes and instead switch to price controls. They argue, “policymakers appear to be hoping that a short sharp monetary shock – along the lines, if not of the same magnitude, as that pursued… under Paul Volker – will be sufficient to anchor inflationary expectations without triggering recession. Sifting through the economic entrails of a bygone era is unlikely, however, to provide the forward guidance needed for a softer landing given the deep structural and behavioural changes that have taken place in many economies, particularly those related to financialization, market concentration and labour’s bargaining power.”
I am not playing tennis with them either, but note the radicalism. Indeed, their latest report also argues, “supply-chain disruptions and labour shortages require appropriate industrial policies to increase the supply of key items in the medium term; this must be accompanied by sustained global policy coordination and (liquidity) support to help countries fund and manage these changes.” So, industrial policy. And Fed swap-lines. Expect both ahead.
They also ask why we haven’t regulated shadow-banking, and why we allow speculators in global commodity markets who have nothing to do with underlying trade. On the latter they note, “Market surveillance authorities could be mandated to intervene directly in exchange trading on an occasional basis by buying or selling derivatives contracts with a view to averting price collapses or deflating price bubbles.” I expect nothing but that ahead – and geopolitically driven to boot.
This boils down to: “Hey, we need to institute economic policies proven to fail, because otherwise lots of rich people will lose money!” Wage and price controls were tried in the 1970s and they failed miserably. The longer governments try to defy the market, the more terrible the snapback when those efforts fail.
On Tuesday, the New York Times framed a story circulating on the right over a software company’s connection with the Chinese Communist Party as a “right-wing conspiracy theory.”
“At an invitation-only conference in August at a secret location southeast of Phoenix, a group of election deniers unspooled a new conspiracy theory about the 2020 presidential outcome,” was the Times’ original lede (via the Daily Caller).
In it, the Times wrote that “right-wing” election deniers in Arizona had fabricated a conspiracy theory that election software company Konnech had secret ties to the CCP, and was passing them information on around two million US poll workers.
“In the two years since former President Donald J. Trump lost his re-election bid, conspiracy theorists have subjected election officials and private companies that play a major role in elections to a barrage of outlandish voter fraud claims,” reads the article. “But the attacks on Konnech demonstrate how far-right election deniers are also giving more attention to new and more secondary companies and groups. Their claims often find a receptive online audience, which then uses the assertions to raise doubts about the integrity of American elections.”
The next morning, Konnech executive Eugene Yu was arrested for the alleged theft of poll workers’ personal information.
New Orleans Mayor LaToya Cantrell is facing the threat of a recall election and it’s not just the city’s rising crime that has petition signers enraged.
The two people behind the petition are both Democrats demanding the Democrat mayor leave office for her “failure to put New Orleans first and execute the responsibilities of the position,” according to Fox News.
In 2021, more than 150 officers left the New Orleans Police Department, despite a surge in murders and carjackings. Carjackings so far this year stand at 217, an increase of over 200 percent since 2019, according to the Metropolitan Crime Commission weekly bulletin.
But it’s the mayor’s exorbitant travel spending that has people up in arms.
She traveled to sister cities Ascona, Switzerland, and Juan Antibes-les-Pins on the French Riviera this summer, costing the City of New Orleans close to $45,000, including first-class international airfare with lie-flat seating.
The city’s travel policy requires employees to pay the difference in cost for work-related airfare upgrades, stating “employees are required to purchase the lowest airfare available … employees who choose an upgrade from coach, economy, or business class flights are solely responsible for the difference in cost,” Fox News reported.
But Cantrell hasn’t paid the near $30,000 bill from her first-class international flight upgrades over the summer.
She has claimed the visits are an investment in the city and necessary for her safety.
“My travel accommodations are a matter of safety, not of luxury,” The Times-Picayune/The New Orleans Advocate reported. “As all women know, our health and safety are often disregarded and we are left to navigate alone. As the mother of a young child whom I live for, I am going to protect myself by any reasonable means in order to ensure I am there to see her grow into the strong woman I am raising her to be. Anyone who wants to question how I protect myself just doesn’t understand the world Black women walk in.”
Yes, I’m sure the men and women who walk the streets of New Orleans at night have never know unthinkable fear of having to fly coach to Switzerland.
“Federal Law Does Not Exempt LGBT Employees From Bathroom, Dress Code, Policies, Judge Rules…A U.S. Equal Employment Opportunity Commission (EEOC) policy document from June 2021 overreached in its interpretation of the Supreme Court’s ruling forbidding employment discrimination based on sexual preference and gender identity, Judge Matthew Kacsmaryk of the U.S. District Court for the Northern District of Texas found. Texas sued over the guidance.”
Well, fellas, if you don’t want OPEC+ to be in a position where it can influence U.S. gasoline prices a month before the election, you need policies that minimize the U.S. market’s dependence upon the global oil market. This means maximizing U.S. oil production and expanding U.S. refinery capacity.
It would be a mild exaggeration to declare that the Biden administration hascompletely stopped issuing leases for oil and gas drilling on federal lands and in federal waters, but only a mild one. As the Wall Street Journal reported last month, “President Biden’s Interior Department leased 126,228 acres for drilling through Aug. 20, his first 19 months in office, the analysis found. No other president since Richard Nixon in 1969-70 leased out fewer than 4.4 million acres at this stage in his first term.” It’s not a complete halt, but it’s very close to one. This means that the U.S. is almost entirely dependent upon oil production from private lands.
The good news is that there’s still a lot of oil beneath private lands. As of July, the U.S. was producing 11.8 million barrels per day, an increase from the 11.1 million barrels per day produced in January 2021, the month President Biden took office. But before the pandemic hit in early 2020, the U.S. was producing 12.8 million barrels per day, and it even hit 13 million barrels per day in November 2019. We have the proven ability to produce about 1.2 million more barrels per day than we are, if we want to do so and our public policies encourage it. But right now, they do not.
The Biden administration keeps insisting that it’s doing everything it can to bring gas prices down, including releasing oil from the Strategic Petroleum Reserve — which is now at its lowest level in 40 years. But what’s in the SPR is oil, not gasoline, and oil must still be refined. You can’t just pump the stuff out of the ground and put it in your car.
U.S. refineries are running at full capacity, or just short of full capacity. This is why oil from the Strategic Petroleum Reserve releases got sent to Europe and Asia, because they had the room and equipment to turn it into actual usable fuel. The U.S. currently has no more spare ability to turn the oil from the reserve into stuff that will actually make your car move; yelling at the oil companies isn’t going to change what is fundamentally an engineering problem.
And Democrats absolutely refuse to let anyone build new oil refineries.
Multiple sources have confirmed that Nord 2 was full of natural gas; that it was full for at least months; and that said natural gas had never moved.
It. Just. Sat. There. For — allegedly — months.
During normal operations of a pipeline, you run a pig through fairly regularly. A “pig” is a bit of equipment pushed by the gas flow, and as it moves along it shoves water and hydrate slurry down to where it can be removed; and it scrapes compounds off the inside walls (hydrogen sulphide, I’m looking at you) that might be are probably eating your pipe.
Note the part above where the pigs are pushed by the gas. The gas in Nordstream 2 never moved. That means no pig ever went down the line to shove water out, move hydrate slurry, or stop H2S from corroding the steel of the pipeline.
As I said in the previous post — and I will continue to say — none of this rules out intentional Acts of War. There are idiots enough in that region that sabotage can’t be discounted.
“A lot of folks are running the White House. Joe Biden just isn’t one of them.” “Biden is surrounded with longtime D.C. power players, such as Ron Klain, Susan Rice, Anita Dunn, John Podesta, Gene Sperling – a veritable “who’s who” of Beltway knife fights and insider skullduggery. Throughout their long careers, they’ve never sought credit or voter approval. Just power.”
“NYC Mayor Declares State of Emergency over Influx of Illegal Immigrants. [New York City mayor Eric Adams] said at least 17,000 asylum seekers have arrived in the city by bus from other parts of the country since April.” Oh, a million illegal aliens come over the border into Texas and it’s no big deal, but 17,000 show up in your “sanctuary city” and suddenly it’s a problem!
“NYU Fires Chemistry Professor After Students Launch Petition Claiming His Course is Too Hard.” The lesson here seems to be that businesses shouldn’t hire NYU grads…
British blogger eats on £1 for a single day and has a very tough time of of it, even with foraging and scavenged condiments. Despite the dollar-pound exchange rate being so favorable, I don’t think I could do that on $1 a day shopping at HEB, and even if you made it $1.25, it would have to be three meals of ramen. Also, I don’t think I can even buy a single carrot at HEB (if I had wanted to), spaghetti is considerably more than 23¢ for 500 grams. $5 for $5, that I could do, and $30 for 30 days would be grim but very doable (price, pasta, and beans).
