Remember all those “protestors” (mostly outside agitators) arrested on a variety of charges (including criminal trespass) at a pro-Hamas/anti-Israeli rally on UT campus? Want to guess how many of the 79 arrestees were charged with crimes? Remember, UT is in Travis County.
A group of primarily outside agitators will not face charges following their recent arrests at UT-Austin. Those arrested claimed to oppose alleged Israeli “genocide.”
According to The Daily Texan, Travis County Attorney Delia Garza announced that the 79 arrestees will not face criminal prosecution. The individuals involved had been charged with criminal trespassing.
The arrests in question had originally occurred on April 29.
As Texas Scorecard reported at the time, demonstrators were observed cursing out police officers, calling them Nazis, spitting on them, and throwing water bottles. Despite the difficult circumstances, officers were universally calm and professional. While Texas Scorecard did observe two instances of officers using pepper spray, it was obviously done in self-defense.
The arrests occurred after so-called “protestors” had tried to set up a Columbia University-style tent encampment on the University’s Main Mall. This violates House Bill 1925, a 2021 measure intended to curtail homeless camping.
The University subsequently released a statement disagreeing with Garza’s actions and said it was “deeply disappointed.”
I bet.
Under Soros-backed DA Jose Garza, Travis County has shown that it believes some animals are more equally than others, constantly refusing to charge leftists for crimes committed, but only too happy to charge those daring to exercise their right to self-defense.
Someone in Travis County should file an equal protection lawsuit.
More evidence of the Biden Recession, California’s welfare state goes extra crazy, Chicago has to spend mad money to produce illiterate children, an Assistant DA resigns, a cyberattack hits car dealers nationwide, a Brazilian thief gets ventilated, and God unites the entire world in hatred of the New York Yankees. It’s the Friday LinkSwarm!
Taxpayers are funding a new high-rise building in Los Angeles where homeless people will enjoy skyline views, a cafe, a gym, and an art studio, not to mention the free rent.
The fancy new building is 19 stories high and has 278 units, each costing about $600,000. The total cost was $165 million, according to the Los Angeles Times. It is the first of three new high-rise buildings that will soon house homeless people.
Snip.
This modern tower for the homeless includes a TV in each apartment, a gym, an art room, a soundproofed music room, a computer room with a library, a TV lounge, a courtyard, and a cafe that will host movie nights. There are also six common balconies, four of which have dog runs.
Where are politicians getting all the money for this project? The buildings are funded by the city’s supportive housing loan program, Proposition HHH, which was approved by city voters in 2016, as well as state housing funds and $56 million in state tax credits.
The three apartment buildings will be located around the headquarters of the Weingart Center, a nonprofit that assists homeless people. Kevin Murray, a former California state senator, is the man behind the project. He serves as the chief executive of the nonprofit.
I’m sure all the Homeless Industrial Complex members involved got generously paid for their efforts. Once again, the message of the Democratic Party is: You’re suckers for working for a living.
Illinois Policy just issued a report showing that while CPS has doubled spending per student since 2012, grades are down by 60-80%, depending on the subject. “Just 1-in-4 CPS students can read or perform math at grade level,” the report says. “The percent of students enrolling in college after high school graduation is decreasing. And for those who do enroll, another study found many are struggling to finish college in four years – just 30% get their bachelor’s in four years compared to 47% nationally.”
By every other measure… there’s no other way to put this… CPS is falling apart.
In 2023, 26% of students in grades 3 through 8 across all of CPS could read at grade level and about 18% could do math proficiently. For 11th grade CPS students, only 22% could read at grade level and 19% do math proficiently.
CPS’ failure to engage students shows in the chronic absenteeism rate. Chronic absenteeism has skyrocketed.
According to ISBE data, 86.3% of teachers in CPS were rated as proficient or excellent in 2023, down from 91.4% in 2019. Yet many students in CPS are struggling to reach proficiency in core subjects.
There’s much more at the link, all of it tragic. An entire generation of Chicago students is failing — and being failed by their schools and, let’s be brutally honest, by their families.
If you’re thinking that CPS must be seriously underfunded to achieve such dismal results, you must have been living in a cave for the last 40 or 50 years. CPS will spend a jaw-dropping $29,028 per student this year. My family lives in a lovely exurb of Colorado Springs and our district spends roughly one-third of what CPS does — $10,214 per student — and we get much better results. It isn’t about the money. It rarely is.
The case began in November 2022, when Loper Bright Enterprises, a fishery based out of Cape May, New Jersey, appealed a district court opinion to the Supreme Court. The conflict between Loper Bright and the National Marine Fisheries Service (NMFS) started after the agency decided to require private fisheries like Loper Bright to pay their regulatory inspectors for their time observing fishery practices.
While the law doesn’t explicitly allow this practice, the Fishery Service cites the Chevron Deference, a precedent set by a 1984 Supreme Court case, which states that an ambiguous law can be interpreted by government agencies as they see fit. In short, the Fishery Service wants private companies to pay their salaries and found a legal loophole to justify it.
While this may seem like an isolated incident, it is just one example of a long history of government agencies infringing on individual liberty. The outcome of this case holds supreme importance for the future of our republic and the preservation of our financial and civil freedoms.
Since 1950, the federal government has steadily grown in size. Today, it has over 2.9 million civilian employees, more than Walmart has worldwide. This growth has paved the way for the creation of a governmental pseudo-branch denoted the “administrative state.” The administrative state contains government employees who have a significant impact on people’s everyday lives but yet aren’t held accountable to citizens in the form of elections. These unelected bureaucrats undermine the central ethos of a republic, where elected officials are supposed to seek the good of their constituents or risk not being re-elected.
The problem with this system was made evident during the pandemic. During the COVID shutdown, hundreds of millions of Americans were sentenced to lockdowns, impacting their schools, churches, and families. Many of the people behind this policy were members of the CDC, one of the government agencies that comprise the administrative state. The decisions they made were not subject to the traditional checks and balances which typically constrain the US government. Instead, America found itself under a tyranny of the unelected.
This overreach extends beyond individual liberty into private business. When businesses can be encroached upon at a whim by unelected authorities, long-term investment becomes a much riskier endeavor. When the COVID shutdown occurred, many small businesses, with their small profit margins and high overhead, were unable to weather the storm. For the companies that survived, the blatant government intervention and the severe consequences that followed left a sour taste in their mouth for future capital investments. You’re not going to build a new business if a bureaucrat can shut it down the next day. All of these factors contribute to government agencies having a negative impact on financial markets and investor portfolios.
The Chevron Deference precedent, which is at the center of Loper Bright Enterprises v. Raimondo, gives even more power to these governmental agencies. When ambiguity exists, this precedent allows courts to simply defer to agencies’ interpretations, even if those interpretations favor the agencies’ own interests. It also allows courts to seek out ambiguity in order to give near-unbridled power to these agencies.
If the Supreme Court upholds Chevron, it will further entrench the power of unelected bureaucrats and make it increasingly difficult for individuals and businesses to challenge agency overreach. However, if the Court rules against Chevron, it would represent a shift toward increased restraint of the administrative state, leading to a reevaluation of the scope and authority of federal agencies.
Israeli arms exports hit record sales. Funny how having products that actually work stimulates sales. I’m betting Russia is enjoying the opposite right now…
Baseball game announcer: We will not be singing the national anthem. Crowd: The hell we won’t! Patriotism ensues.
Speaking of DA’s behaving badly, a followup: Assistant Travis County DA Joseph Frederick, who was charged with aggravated assault, has resigned before he could be fired, his lawyer saying this was to maintain his health benefits, because he has Parkinson’s. Which is strange, because COBRA covers involuntary termination as well.
Argentine President Javier Milei has a glorious rant about how you can’t negotiate with leftists.
This week’s California restaurant chain closing due to the minimum wage hike: Arby’s. (Hat tip: Dwight.)
“CDK Global, a major software provider to auto dealerships in the U.S., has been hacked, forcing the company to shut down most of its systems temporarily. This cyberattack effectively halted sales operations at approximately 15,000 car dealerships, including those under General Motors, Group 1 Automotive, and Holman.” Without this software, there’s essential dead in the water. (More details.)
Speaking of money-losing MSM outlets, the incoming editor of the Washington Post says thanks but no thanks after the staff there preemptively published a hit piece on him. How’s that letting the inmates run the asylum working out for you, Jeff Bezos?
George R. Nethercutt Jr., the Republican who ousted Democratic Speaker Thomas S. Foley in the Newt Gingrich Contract with America wave of 1994, dead at 79 (Hat tip: Dwight.)
Is olive oil good for your brain? I hope so, since it’s an Atkins-compliant dressing for my salad, so I generally get more than the recommended teaspoon a day.
An Oakland, California shooting on Juneteenth resulted in several people being hospitalized, according to the city’s police department.
The Wednesday night shooting started after a fight broke out near a crowd of roughly 5,000 people taking part in events around Lake Merritt, according to the Oakland Police Department. When police tried to move the crowd to a safe area, some people punched and pushed, with one officer being assaulted, the agency said.
The crowd was purportedly peaceful until an “illegal sideshow” with cars and motorcycles developed.
Several victims were hit by gunfire and transported to a nearby hospital, according to the Oakland Police Department. Authorities say there is currently no report of fatalities nor have there been any arrests made in connection with the shooting.
Multiple shots, several people hospitalized, no arrests.
1. In normal cities in normal states, there are usually enough police around to prevent two gangs from opening up on each other at a major holiday celebration. IN Oakland evidently things are different.
2. For all the talk of California having the toughest gun control in the nation, gangbangers seem to have no problem obtaining weapons. Evidently the California Democratic establishment only wants to disarm the law-abiding.
At what point do California voters finally realize that their Democratic Party leaders have abandoned trying to enforce the rule of law and shout “Enough!”?
Video of a shocking smash and grab robbery shows the moment a Sunnyvale jewelry store is overwhelmed by suspects armed with tools and hammers.
The incident took place at PNG Jewelers on Wednesday afternoon. The store is located at 791 E. El Camino Real. Police said at least five people have been arrested, but they are looking for more suspects.
The surveillance video’s timestamp shows the robbery happened just before 12:30 p.m. Well over a dozen suspects, clad in black clothing, barge into the store and begin smashing the glass counters as they ransack the place.
Sunnyvale Department of Public Safety said their officers responded to a report of a robbery in progress and that approximately 20 suspects were involved.
“The suspects fled the store in multiple vehicles before officers arrived on scene. Officers located two suspect vehicles as they were attempting to flee the area,” Sunnyvale DPS said in a news release.
For those unfamiliar with it, Sunnyvale is smack dab in the heart of Silicon Valley, between Mountain View, Cupertino and Santa Clara, and was home to numerous influential companies including Fairchild Semiconductor, Atari and LinkedIn. Homes there list for $2 million and up. El Camino Real is the central “strip” of Silicon Valley, running all the way in to San Francisco where it turns into Mission Street.
Daylight jewelry store robberies were hardly unknown before, but these large mobs of smash-and-grab looting are a direct result of Democrats decriminalizing shoplifting. Even though the haul here is clearly above the $950 limit of Proposition 47, California criminals that have honed their looting skills on smaller value targets are clearly seeking fatter scores, and show no hesitation in branching out to hit targets in affluent cities.
The continued slide of one-party blue California into abject lawlessness is no longer shocking, but it should be. In the name of social justice, Democrats are systemically destroying the underpinnings of ordered, law-abiding society. How long before insurance companies simply refuse to insure retail stores in California, and how soon until high end stores in Silicon Valley go the the way of those in San Francisco and simply close entirely?
OK, my alliterative synonym abilities failed me with the last one. But you get the idea. It seems even leftwing billionaires get tired of losing $100 million a year. The Washington Post is hemorrhaging readers, and a new CEO has come in to read woke employees the riot act.
Megyn Kelly: The Washington Post is in a slippery downfall, probably to its end. It’s hemorrhaging.
Dave Rubin: Well deserved.
MK: It’s disgusting, isn’t it! It’s worse than The New York Times!
DR: Well, we’d have to really think that one through. I mean, The New York Times is unbelievably horrible.
MK: But still readable yeah. You read it, and you see it’s biased, and you know you’re getting misled. The Washington Post has turned into Slate.
MK: I mean it’s disgusting now, and it has been this way for a couple of years. So you”ll be shocked, shocked to learn they’re hemorrhaging readers. They’re leaving in droves. And it’s not like they had a huge Republican base to begin with. But you know, even the moderate readers seem have said you’re too much for me.
MK: The New York Times reported in July of 2023 that The Washington Post was on pace to lose about $100 million last year.
MK: Then in October of this past fall, Washington Post offered buyouts to cut staff by almost 250, 240 employees.
MK: They cannot increase their number of paying customers, since the 2020 election they peaked at three million subscribers back then. They’re now down by half a million and counting. It’s just going down and down and down.
MK: There was a meeting on [last] Monday where the publisher Will Lewis and the new interim executive editor Matt Murray met with staff. And they they got rid of Sally Busby, who had led the paper for the past couple years, and made a shocking announcement.
MK: Guess who’s coming in to lead the paper? Count them, not one, not two, not three, four white men!
DR: Oh God! During Pride Month?
MK: They’re white, and they’re men! And one of them, jeez, was the leader of the Wall Street Journal prior to this.
DR: I think my analogy of a dinosaur in the tarpits is pretty on point. These things they have grown so large, they’ve been so negligent, to what their job is: Of doing the news and doing it honestly.
DR: You and I are not wizards. How is it that we’ve largely gotten the big things right over the years, or didn’t fall for all of the hoaxes?
DR: How is it that I didn’t fall for all of the covid stuff? How is it that I didn’t fall for Donald Trump very fine people on both sides? How is it that I didn’t think Brett Kavanagh was a serial rapist, or that the Covington kids were racist or that Jussie Smollett was lynched? Why is it that you and I didn’t fall for all those?
DR: The media lies about everything, and then once you see it, you’ve peered behind the curtain, then just know it. And what’s happening is more and more people are seeing it, so their own readers are finally, like, “My God, this is not a newspaper.”
MK: White men! My God, that’s how desperate they are! And of course they’re having a revolt right at the The Washington Post. Staffers are outraged.
MK: The reaction by one reporter at the meeting to finding out four white guys we going to be leading the Post now was everyone was shocked.
MK: Later in the meeting, another reporter asked Lewis whether any women or people of color were interviewed and seriously considered for these positions, a question that prompted applause! “Yeah, there’s got to be a more qualified female or person of color. Look at these guys! So pale and so penisy!”
MK: “Look, we are losing large amounts of money. Your audience has halved in recent years. People are not reading your stuff. I can’t sugarcoat it anymore. So I’ve had to take decisive, urgent action to set us on a different path, sourcing talent that I have worked with that are the best of the best.”
Imagine picking people based on ability and not the color of their skin. The outrage!
As online commentators noted, we’ll know the Washington Post is really serious about cleaning house when it fires Taylor Lorentz…
Greetings, and welcome to a LinkSwarm so large I had to start working on it Wednesday! Unemployment rises too much to rig it away, home sales crash to Carter levels, Europe’s voters rise up to throw out the left, Hunter is guilty guilty guilty, another blow to the Biden Administration’s tranny Title IX rewrite, Israel rescues some hostages and smokes a Hezbolli terror master, and California continues to do California things.
Every so-called “strong” jobs report has been a disaster if one puts in even a little work to dig below the pristine, if fake, surface. And while we expected this charade to continue indefinitely, and certainly at least until the November election, at which point suddenly all the truth about the ugly labor market would be revealed to usher in the new president amid an economic crisis, we were shocked when none other than the Fed chair admitted today that the Biden admin was rigging jobs data.
In response to a question from a Bloomberg journalist during the post-FOMC presser, asking the Fed chair to comment on the state of the labor market, the Fed Chair said that two years ago the labor market was “overheated” and has since gotten back to “normal”, largely thanks to “supply from to immigration” – translation: illegal aliens have been the main reasons for the increase in employment and the drop in wages and thus, overall inflation, which as we discussed recently, is the narrative that is being pushed out to mitigate demands by most Americans to halt illegal immigration.
Where things got very interesting, however, is when Powell was discussing the demand-side of the labor market: here, he addressed the dropping quits level, the decline in job openings and wages, but more importantly, the rising unemployment rate – from 3.4% to 4.0% which clearly goes against the narrative of red hot payrolls – all of which the Fed chair summarized as strong job creation, yet caveated by saying that “there is an argument that [payrolls] may be a bit overstated.”
Note: he didn’t say “understated” because the “-stating” always goes in just one direction: the one that makes the resident of the White House look good.
In other words, the jobs – like so many things about this Potemkin economy – are a lie, and while Powell immediately realized what he had said, and tried to couch it by adding that payrolls are “still strong”, suddenly the entire narrative of a strong labor market imploded in front of our eyes, because if the Biden admin will lie about a “bit” of the jobs report, it will lie about any part of it.
And, as we have shown above and every month this year, lie is precisely what the Biden administration has been doing, month after month, year after year.
And the biggest stunner, as Edward Snowden put it so eloquently, is that he’s “not sure I’ve ever seen the chairman of the Federal Reserve publicly accuse the White House of cooking the books on employment numbers, but here we are.”
Speaking of which: “Initial Claims Surge To 10-Month Highs As California Joblessness Soars.” “Did we suddenly get a peek at economic reality? The number of Americans applying for jobless benefits for the first time surged last week to 242k (up from 229k and well above the 225k exp). That is the highest since August 2023.” And California, which just happened to implement a minimum wage hike, led far and away with the most claims…
Home sales have dropped so far during the Biden Recession that they’re now back to 1978 levels.
The recession in the U.S. existing home sales market has been so deep that we’re back to late ‘70s levels—despite us now living in a much bigger country:
April 1978: 4.09 million U.S. existing home sales print
April 2024: 4.14 million U.S. existing home sales print*
1978: 223 million U.S. population
2024: 341 million U.S. population
The reason, of course, is that housing affordability has deteriorated so much that many buyers and sellers alike have pulled back from the market. Many homeowners who would otherwise like to sell and buy something else are staying put rather than trading in their 3% mortgage rate for a 7% mortgage rate.
The bad news?
According to a forecast published this week by Goldman Sachs, the recovery for existing home sales could be a slog.
1978: Jimmy Carter was still President, the Bee Gees dominated the music charts thanks to Saturday Night Fever, and a brand new comic strip about a lasagna-loving cat named Garfield debuted. And the average price of a home was somewhere around $56,000. (Yet, somehow, home sales were still stronger during the 1981-82 interest rate hikes than under Carter in 1978…)
A jury of Hunter Biden’s peers found him guilty on all three felony charges on Tuesday after a six-day trial that demonstrated that the first son lied on a federal gun-purchase background-check form when he claimed not to be a drug addict.
The verdict was reached after the jury deliberated for three hours, beginning Monday afternoon with the conclusion of closing arguments. Hunter was surrounded by family members, including wife Melissa Cohen Biden and his uncle James Biden, as the verdict was read. First lady Jill Biden missed the verdict announcement and rushed to greet Hunter afterward.
Hunter was found guilty on two charges for lying about his crack-cocaine addiction on federal gun paperwork when he bought a Colt Cobra revolver at a sporting-goods store in Wilmington in October 2018. He was also found guilty on a third charge for possessing the firearm while he was using crack cocaine.
The first son faces up to 25 years in prison, though he’ll likely receive a lighter sentence as a first-time, nonviolent offender. Judge Noreika, who presided over the trial, said that a sentencing hearing will be held in September.
Though Hunter Biden still has a pending tax trial, don’t hold your breath about him going to trial for his role as the Biden crime family’s bagman…
I’ve pointed out time and again (including yesterday) that Biden Justice Department AG Merrick Garland’s “special counsel” appointment of Biden Justice Department Delaware U.S. Attorney David Weiss in the Hunter Biden case is a fraud on the public.
In a pretrial ruling denying the younger Biden’s motion to dismiss the case, Judge Maryellen Noreika has confirmed that Garland’s appointment of Weiss did not comply with federal regulations for appointing special counsels. That, however, was not a basis to dismiss the case — particularly with Garland and Weiss quietly citing the last special-counsel regulation, §600.10 (of Title 28, Code of Federal Regulations), which provides that no one may hold the Justice Department accountable for flouting its own regulations.
To be clear, I have never contended that Garland lacked the authority to assign Weiss, or whoever he wanted to assign, to investigate the Biden case. As Judge Noreika correctly explained, federal statutory law — in particular, §§509, 510, 515, and 533 — vest attorneys general with sweeping power to run the Justice Department as they see fit, including power to designate any DOJ lawyers they choose to run investigations anywhere in the country.
Weiss, for example, is now prosecuting Hunter Biden in Los Angeles, on the tax case scheduled to begin trial on September 5, in addition to the gun case in Weiss’s own Delaware district. That’s because Garland doubled-down in assigning the investigation of the president’s son to the same prosecutor — Weiss — who had just schemed with defense lawyers on a failed sweetheart plea deal that was designed to make all conceivable cases against said son disappear (and only after Weiss had consciously dithered as the statute of limitations steadily eviscerated serious criminal offenses).
Garland is the attorney general, and he has that power. It is power he wields with no fear that Congress will slash the DOJ’s budget, censure him, impeach him, or do anything else but caterwaul over how he abuses it. My point is that Garland has been engaged in a nearly four-year fraud — trying to con the country into believing the Justice Department is neither protecting its boss nor trying, to the extent politically feasible, to protect the president’s son.
The AG refused to appoint a special counsel for the Biden investigation, despite the president’s (and other Biden family members’) being implicated in Hunter’s malfeasance, particularly crimes arising out of his peddling of his father’s political influence for huge pay days from agents of corrupt and anti-American regimes.
Europe’s ruling center left just got smashed in European elections.
Early projections of the EU-election results show that the continent’s right-wing parties have made significant advances as voters signal their dissatisfaction with illegal immigration and inflation. Formerly powerful left-wing parties seem to have been routed, while centrists stayed the course.
This antiestablishment sentiment was expressed most strongly in Germany and France, two of the European bloc’s most powerful countries.
The French results prompted President Emmanuel Macron to dissolve the French parliament in preparation for snap elections on June 30 and July 7, as his party lost badly to Marine Le Pen’s National Rally, which is part of the Identity and Democracy coalition in the European Parliament.
Before crowds in Paris, Le Pen responded to Macron’s announcement: “This historic vote shows that when people vote, people win. . . . We are ready to exercise power, to end mass migration, to prioritize purchasing power, ready to make France live again.”
In Germany, Chancellor Olaf Scholz and his Social Democrats were trounced by a combination of support for the right-wing CDU/CSU and Alternative for Germany (AfD). The left-wing Social Democratic Party (14.6 percent) and the Greens (12 percent) underperformed. Katarina Barley, speaking for the Social Democrats, called it “a bitter evening.” “I am very disappointed.” The AfD, having won 14 percent as of this reporting, is intent on carrying its EU wins to the national elections in October 2025.
Italian prime minister Giorgia Meloni was the only leader of a European power to see success, with the right-wing politician’s allied faction, European Conservatives and Reformists, placing first in Italy.
In Spain, the conservative People’s Party took 34.2 percent of the vote, a rejection of socialist prime minister Pedro Sánchez and his Socialist Workers’ Party, which received 30.2 percent. Two other right-wing parties, Vox and Se Acabó La Fiesta (The Party’s Over), received another 14.2 percent between them.
The Greens ceded more ground than any other party in the EU, losing more than a quarter of their seats.
For decades, the ruling Euroelite have insisted that there is no alternative to their high tax, high spending, high debt, high regulation, high immigration, environmental leftist EU superstate. Voters seem to have finally grown tired enough of it that they’re willing to embrace Marine Le Pen if that’s what it takes to make their voices heard.
In his opinion, Thomas wrote that, though a bump stock does increase a rifle’s rate of fire, it does not turn it into an automatic weapon.
“A bump stock does not convert a semiautomatic rifle into a machinegun any more than a shooter with a lightning-fast trigger finger does,” Thomas wrote. “Even with a bump stock, a semiautomatic rifle will only fire one shot for every ‘function of the trigger.’”
Justice Samuel Alito wrote in his concurrence that, while the ATF’s interpretation of the Firearm Owners’ Protection Act was an incorrect reading of the statute, there are legislative remedies for the issue of bump stocks.
“The horrible shooting spree in Las Vegas in 2017 did not change the statutory text or its meaning,” Alito wrote. “That event demonstrated that a semiautomatic rifle with a bump stock can have the same lethal effect as a machinegun, and it thus strengthened the case for amending §5845(b). But an event that highlights the need to amend a law does not itself change the law’s meaning.”
“The Lies and Fall of Ibram X. Kendi.” “This man gave America the simplest, most easily applicable binary solution to all of our racial problems. It didn’t matter that it was stupid, at least not from the perspective of his personal enrichment. For a while, it sold…What we lived through in 2020, during the Floyd meltdown and its aftermath, was a onetime necrotic bloom during which the first carrion-feeders on the scene were able to fatten themselves up to spectacular proportions on the collapsed body of American progressive racial and political angst.”
The US has broadened its sanctions on Russia, including a fresh crackdown on banks dealing with sanctioned entities.
It expands a December programme to target foreign banks deemed to be aiding Russia’s war effort in Ukraine.
The US also placed sanctions on the Moscow stock exchange, leading to it halting trading in dollars and euros.
It also moved to try to restrict Russia’s use of technology, including chips and software.
US President Joe Biden signed an executive order in December that imposed sanctions on banks dealing with about 1,200 individuals and companies deemed to be helping Russia’s war machine.
Those measures, which expose banks to the risk of being cut off from the US financial system, have now been expanded to about 4,500 entities.
The US will also target gold-laundering.
Peter Harrell, a former White House senior director for international economics, told the Reuters news agency that the US “is shifting towards something that begins to look like an effort to set up a global financial embargo on Russia”.
As part of this effort, the US Treasury announced that it would impose sanctions on parts of Russia’s financial system, including the Moscow Exchange, which is one of Russia’s main stock exchanges.
The stock exchange, which is Russia’s largest foreign exchange market, said the sanctions had forced it to stop trading in dollars and euros.
The US also focused on technology. Chips and other technology made in the US have been found in downed Russian equipment on Ukraine battlefields, including drones, radios, missiles and armoured vehicles.
The sanctions aim to make it more difficult for companies to supply that tech.
The US will target shell firms in Hong Kong selling chips to Russia.
There are YouTubers saying “Russian economy is crippled” etc., but I remain skeptical. The chips going into Russian drones aren’t anything special, they’re COTS stuff and EPROMs you can get almost anywhere.
“Israeli Military Rescues Four Hostages from Gaza.” Naturally this is good news for decent human beings everywhere and a tragedy for the radical left.
“Lebanon: Israeli Airstrike Kills One Of Hezbollah’s Most Senior Terror Commanders. The Israel Defense Forces (IDF) on Tuesday night eliminated one of Hezbollah’s senior-most terror commanders operating in Lebanon. Sami Taleb Abdullah, who headed Hezbollah’s Nasr terrorist force, and three other Hezbollah commanders were killed in an Israeli airstrikes on a terrorist base located in southern Lebanon.” Good. Remember how commentators have repeatedly opined on the possibility of Hezbollah opening up a “second front” while Israel settles Hamas’ hash? They seem to have done very little but the usual pinprick terror attacks. With all the terror money Iran is sloshing around to Hamas and the Houthi’s, one wonders if they’re stretched to thin to send much Hezbollah’s way…
Western District of Louisiana Chief Judge Terry Doughty in an order Thursday declared that Title IX, a federal education law that bars sex-based discrimination, “was written and intended to protect biological women from discrimination.”
“Such purpose makes it difficult to sincerely argue that, at the time of enactment, ‘discrimination on the basis of sex’ included gender identity, sex stereotypes, sexual orientation, or sex characteristics,” Doughty, a Trump appointee, wrote. “Enacting the changes in the Final Rule would subvert the original purpose of Title IX.”
Of course the U.S. Women’s basketball has left Caitlyn Clark off the team. Because we all know queer identity trumps winning a medal for your country…
On the upside, also not competing: “Lia” Thomas. Turns out the Olympics don’t want men competing in women’s swimming. Who could have possibly seen that coming?
“In Hindsight Fans Realize They Were Too Quick To Call The Holiday Special The Worst Star Wars Project Ever…After watching the latest Disney Star Wars offering The Acolyte, however, many fans admit they might have been too harsh to call the holiday show the worst thing to come out of the franchise.”
Here’s Peter Zeihan to state what conservatives knew a decade ago: Venezuela is headed for collapse.
It’s just over 6 minutes long, so even though I’ve excerpted it, you might want to watch all of it to listen for the one word Zeihan doesn’t say.
“Under 20 years of ridiculous mismanagement and theft by the governments of Hugo Chavez and now Nicholas Maduro, the state’s broken.”
“Basically we’ve had two decades of the governing authorities literally stealing everything that wasn’t stripped down, and then getting a wrench and getting a lot of the stuff that was stripped down [I think he means “strapped down”], to the point that they simply didn’t just confiscate materials they stripped it of equipment and melted it down or sold it for parts and there’s really nothing left.”
“So the country that used to have the highest educational levels in Latin America, the country that used to have the highest standard of living and the most cultural achievement, is now teetering on the verge of being a broken state, a failed state.”
“Roughly 1/3rd of the population that has out migrated since uh the last 6-7 years.”
“In calendar year 2022 and calendar year 2023, the Biden Administration did a partial lifting of sanctions on the regime, basically saying that if you start working in the direction of free and fair elections, we will allow investment to come in to stabilize the energy sector and get some more oil out of the ground. Uh, we’re going to trust your word for it, and then we will reassess when we get closer to elections in 2024.”
I bet everyone reading this can figure out exactly how well that worked out. “We’ll just take your word that your three card monte game is on the level.”
Chevron came in and got oil output up to a million barrels a day.
“But in the last several weeks it’s been clear that the government of Maduro has no intention of having real elections.” You don’t say. What you mean is “It’s been clear for decades that Venezuela’s socialist thugs have never had any intentions of holding free elections.” Only and idiot would think otherwise.
But the Biden Administration is doing everything it can to increase oil production in the rest of the world to help Biden’s reelection chances, while supressing oil production at home. “There’s a lot of things about that that are inconsistent.” You don’t say.
Oil production is now under three-quarters of a million barrels and falling.
“The really high-end stuff, the stuff that was part of the outcome of Venezuela being such a successful state, left a long time ago, and in bits and pieces ever since the the middle management and the secondary skill set and now there’s really nothing left.”
“People like to talk about the Chinese, the Russians, the Iranians coming, in but they don’t have any experience in this sort of oil patch, so we are probably going to see a collapse of what’s left of the output this year and early in the next year.”
“One of the many, many, many, many, many mistakes that Chavez and Maduro made is they hated the United States so much, and their spending was so crazy, that they started pre-selling their oil specifically to China and to a lesser degree to Russia. ‘We’ll take X number of billions of dollars from you now and we will pay you back with raw crude in the years to come.’ Well, what that means is that the Venezuelans are already not getting money from the oil that they produce.”
“So we are going to see this collapse, and as that happens, the ability of getting even a modicum of foreign currency to pay for the 80% of their food that they now import because they destroyed their agricultural sector is on deck.”
“So the famines of the past, the dislocations of the past, the migrations of the past these have all just been the appetizer course, and over the next very few years we’re going to see the full collapse of Venezuelan society.”
Leave it to the Biden Administration to enable foreign leftist enemies for temporary political gain.
Did you notice the word missing from Zeihan’s analysis?
Attorney General Ken Paxton announced today that a federal court has vacated the controversial Title IX guidance nationwide.
The ruling included a permanent injunction against its enforcement against Texas and its schools.
The Biden administration’s 1,500-page rewrite of Title IX added “gender identity” as a protected class and would force K-12 schools to allow boys into girls’ facilities and activities. Schools that refused were threatened with loss of federal education funds.
In response to the rewrite, Gov. Greg Abbott instructed the Texas Education Agency to ignore the new Title IX rule. He later directed all public universities to also ignore the rewrite.
Meanwhile, Paxton sued to stop enforcement of the new rule.
“Joe Biden’s unlawful effort to weaponize Title IX for his extremist agenda has been stopped in its tracks,” said Attorney General Paxton Tuesday. “Threatening to withhold education funding by forcing states to accept ‘transgender’ policies that put women in danger was plainly illegal. Texas has prevailed on behalf of the entire Nation.”
According to the court order, “Rather than promote the equal opportunity, dignity, and respect that Title IX demands for both biological sexes, [the DOE’s] Guidance Documents do the opposite in an effort to advance an agenda wholly divorced from the text, structure, and contemporary context of Title IX. Not to mention, recipients of Title IX funding—including Texas schools—will face an impossible choice: revise policies in compliance with the Guidance Documents but in contravention of state law or face the loss of substantial funding.”
Not to mention being divorced from basic biological reality. If the cells in a person’s body contain XX chromosomes, that person is female. If those cells contain XY chromosomes, then that person is male. No amount of legislation or regulation will ever change that basic reality, no matter how hard the party insists that you must affirm that 2+2=5.
“Thus, to allow [the Biden Administration’s] unlawful action to stand would be to functionally rewrite Title IX in a way that shockingly transforms American education and usurps a major question from Congress,” wrote U.S. District Judge Reed O’Connor. “That is not how our democratic system functions.”
Multiple Texas laws and school policies implicate the concept of sex in the educational context. The Texas Education Code prohibits school districts from allowing “a student to compete in an interscholastic athletic competition sponsored or authorized by the district or school that is designated for the biological sex opposite to the student’s biological sex.” TEX. EDUC. CODE § 33.0834. The Board of Trustees for independent school districts “have the exclusive power and duty to govern and oversee the management of the public schools of the district.” Id. § 11.151(b). Pursuant to that oversight power, Texas school districts promulgate additional policies on related issues that mirror § 33.0834. These school districts receive federal funds.
These additional district-specific policies take various forms. For example, some Texas school districts—such as Frisco ISD, Grapevine–Colleyville ISD, and Carroll ISD—mandate that schools within their respective districts maintain separate bathrooms, locker rooms, and showers based on biological sex. These school districts also prohibit the assignment of bathrooms, locker rooms, and showers based on subjective gender identity. Consistent with the biological reality of sex, Carroll ISD precludes district employees from “requir[ing] the use of pronouns that are inconsistent with a student’s or other person’s biological sex.
“The biological reality of sex” is precisely what the left has declared war on.
As part of the radical left’s war against Christianity and the nuclear family, the social justice-infected Democratic party has decided to make pandering to confused and mentally ill men a higher priority than protecting actual women. Despite how deeply unpopular this anti-reality position with the American public, conservatives were initially slow to take up the fight against it, either cowed by histrionic emotional arguments (“If you deny transexualism, you’re literally forcing them to kill themselves!”) or an inability to believe that the something so brazenly absurd is real and not some sort of elaborate joke. But when the Biden Administration tries to rewrite Title IX, a law written to protect women, by executive fiat to mean the exact opposite of the statutory language in order to protect men pretending to be woman at the expense of actual women, then we have to assume that they are very serious indeed.
Texas is fortunate to have a governor and attorney general who are not afraid to fight against the Biden Administration’s war on reality.
An anonymous hacker has claimed to have leaked 270 GB of internal data and source code from The New York Times (NYT) on the controversial image board 4chan.
The leak, reportedly containing over 5,000 repositories and 3.6 million files, was published on June 6, 2024. It has since raised widespread concern and speculation about the potential implications for the historic news organization.
The hacker, who has not been identified, posted a magnet link to the files on 4chan, encouraging users to download and share the data. According to the hacker, the leaked collection comprises uncompressed tar files with fewer than 30 encrypted repositories.
The leaked data reportedly contains a variety of source code, including the blueprints of well-known games like Wordle, email marketing campaigns, and ad reports. The hacker’s message was signed “With love from /aicg/,” a nod to a 4chan community.
While the leak’s legitimacy has not been independently verified, cybersecurity experts and media outlets have expressed serious concerns. The Register reported that it had seen a list of files in the purported leak but had not confirmed their authenticity.
Bryan Lunduke of The Lunduke Journal (who’s covered leaked/hacked material like this before) downloaded the files. He says they’re 334GB worth of files (maybe the size discrepancy is zipped vs unzipped) and thinks they’re real.
This dropped June 6.
“We are talking about a 334 gigabyte archive containing supposedly 3.6 million and some change files, individual source code files. Massive. Off-the-charts massive.”
He though it might just be every New York Times story ever published, but it doesn’t appear to be. Nor does it look like an email server dump.
“This is massive. It almost is making my brain hurt simply going through all of this.”
“I went through it. I read a bunch of it in depth. When I say a bunch of it, I mean I spent a long time on it and barely made a dent.”
“It truly does look to be over 3 something million source code files.”
“The first things I looked through were tremendously boring. It was just stupid JavaScript files dealing with Markdown.” JavaScript is a front-end programming language used for performing a huge variety of tasks in your browser. Markdown is an HTML-like text markup language used as a basis for rendering documents in a variety of different formats (standard web page, phone webpage, PDF, online help, etc.
A lot of it appears to be internal website documents.
“It’s from a wide variety of stuff. I mean it’s all over the map. We’re talking onboarding documents and technical documents, hiring documents, switchboard documents, user attribute documents, a huge amount of documentation.”
Plus actual source code for iOS and Android applications.
Lunduke explains legal doctrine on leaked materials and reporting, saying he didn’t commit any crime to obtain the material, which should legally put him in the clear for talking about material therein relevant to the public interest. Normally I’d point out “Hacking is wrong, mkay,” but New York Times has itself published hacked/leaked/stolen material itself at least as far back as The Pentagon Papers, so this is a case of biter bit.
“There a reasonable assumption that publishing some of this leaked material would be of the public interest…There are a number of policies and other interesting things in place documented within this material that could be of the public interest.”
“This does appear to be real. I cannot fathom how all of this could have been created if it wasn’t real.” I am inclined to agree. But! It’s important to note that a real archive can be salted with false information for a variety of nefarious purposes, so caveat lector.
“It is an absolutely monstrous amount. Simply searching through it and scanning it is insane. There are over 5,000 individual mini-archives within this link each one appears to represent an individual source code repository, or at least a folder or subfolder within source code repositories.” He says it appears to be just the latest snapshot, and not all the versions you would find in a source code repository like GitHub.
The time stamps on the files look recent.
“Man, there’s some funky things going on here.”
I am most interested in how internal policies codify/enforce woke social justice priorities, if there are any special instructions for covering Donald Trump (or other Republicans), racial preferences in hiring policies, etc.
A new stock exchange headquartered in Dallas will launch next year aimed at competing with New York City’s exchanges, whose rules and regulations some companies have found onerous.
TXSE Group Inc. is founded and operated by James Lee, who says the company has already raised $120 million for the project — the largest backers of which are BlackRock and Citadel Securities.
BlackRock is a surprising name to be investing in a major initiative in Texas. After all, BlackRock’s previous headlines have been about various Texas retirement funds divesting from BlackRock over the company’s leftwing “Environmental Social Governance (ESG)” investing policies and their hostility to the oil and gas industry. Indeed, BlackRock CEO Larry Fink was a poster boy for ESG, but seems to have had at least a partial change of heart over ESG, saying he’s “ashamed” to use the term anymore, instead being less hostile to fossil fuels and supporting a strategy of “transition investing” in decarbonization technologies. (Maybe getting their stock downgraded over ESG had something to do with that.) Stefan Padfield says “Fink has apparently simply replaced ESG with ‘conscious capitalism,’ which suggests nothing much has really changed given that ‘ESG is conscientious capitalism in practice.’ He also notes that BlackRock’s stock price has under-performed the S&P 500 over the last 12 months.
The last time we looked into Citadel Securities was because they had apparently been caught with their hands in the GameStop naked shorts cookie jar at the same time they were telling trading platform (and investment recipient) Robinhood to stop allowing retail customers to buy GameStop.
The plan was first reported by the Wall Street Journal. TXSE Group intends to register with the Securities and Exchange Commission (SEC) later this year. It will operate virtually but also eventually establish a physical presence in Dallas.
“Changes in equities trading markets are driving more volume to exchanges and more choices for issuers and sponsors,” Lee said in a press release.
“TXSE will ultimately create more competition around quote activity, liquidity and transparency, resulting in more consistent and reliable markets that benefit investors, global issuers and liquidity providers alike.”
Lee added, “Texas and the other states in the southeast quadrant have become economic powerhouses. Combined with the demand we are seeing from investors and corporations for expanded alternatives to trade and list equities, this is an opportune time to build a major, national stock exchange in Texas.”
TXSE sees Nasdaq’s and NYSE’s approaches to compliance and non-financial regulations, such as diversity targets, as heavy-handed and onerous.
“BlackRock is proud to be a founding investor in the Texas Stock Exchange to increase liquidity and improve market efficiency for BlackRock’s clients and other investors in the U.S. capital markets,” BlackRock Vice Chairman Mark McCombe told The Texan in a statement.
“TXSE is well positioned to capitalize on the Texas economy and strength of the state’s business environment. We look forward to engaging with the other investors on the benefits of the TXSE’s unique value proposition.”
This follows other similarly aimed projects that BlackRock and others have partaken in over the last decade — a list that includes things like Members Exchange, RFQ Hub, and Luminex Trading. Given the state’s growth and regulatory posture, those backing this new project see a unique investment opportunity.
This states the obvious: Texas has a pro-business, pro-growth regulatory environment, while New York (city and state) has a hostile, anti-growth regulatory environment.
No points for guessing which political parties control which state.
Not mentioned, but a distinct possibility, is that many big business owners see the Trump kangaroo court conviction as a potential threat to themselves. If Democrats are willing to use a weaponized judiciary to go after their political enemies, the law be damned, then who might be next? A presence in New York, even only a listing on the New York stock exchange, may now be perceived as a much bigger potential liability than it was. With companies moving their physical presence from failing blue states like New York and California to Texas, it make a great deal of sense to do the same in as many legal venues as possible.
