Sunday and Monday this week, I gathered up all my dead branches from the ice storm along the curb in advance of Tuesday’s announced neighborhood-wide branch pickup. I know it’s going to take some time, but it’s Friday and I see no signs that brush has been cleared from anyone’s curbs…
He said ESG poses a threat to the American Economy and individual economic freedom, he further said it’s an attempt for corporate’s elite to discriminate against those who do follow a particular “ideological agenda.” His proposal will outlaw this.
“By applying arbitrary ESG financial metrics that serve no one except the companies that created them, elites are circumventing the ballot box to implement a radical ideological agenda. Through this legislation, we will protect the investments of Floridians and the ability of Floridians to participate in the economy,” DeSantis said, at the news conference.
Heh. “Federal District Court Judge Orders Illinois to Show Examples of Every Newly-Banned Firearm.” (Hat tip: Instapundit.)
Maybe they should spend more time on schools instead. “Not A Single Student Can Do Math At Grade Level In 53 Illinois Schools.”
“Judy Monro-Leighton, one of three women who accused now-Justice Brett Kavanaugh of sexual assault, was found to have lied during a congressional investigation and is now being charged with making materially false statements and obstruction.”
Nicaragua’s scumbag commie government sentences Roman Catholic bishop Roland Alvarez to 26 years in prison for “treason” for daring to stand up for Catholics and refusing to be exiled.
What began as a trickle is now a flood: the US government is using the banking sector to organize a sophisticated, widespread crackdown against the crypto industry. And the administration’s efforts are no secret: they’re expressed plainly in memos, regulatory guidance, and blog posts. However, the breadth of this plan — spanning virtually every financial regulator — as well as its highly coordinated nature, has even the most steely-eyed crypto veterans nervous that crypto businesses might end up completely unbanked, stablecoins may be stranded and unable to manage flows in and out of crypto, and exchanges might be shut off from the banking system entirely. Let’s dig in.
For crypto firms, obtaining access to the onshore banking system has always been a challenge. Even today, crypto startups struggle mightily to get banks, and only a handful of boutiques serve them. This is why stablecoins like Tether found popularity early on: to facilitate fiat settlement where the rails of traditional banking were unavailable. However, in recent weeks, the intensity of efforts to ringfence the entire crypto space and isolate it from the traditional banking system have ratcheted up significantly. Specifically, the Biden administration is now executing what appears to be a coordinated plan that spans multiple agencies to discourage banks from dealing with crypto firms. It applies to both traditional banks who would serve crypto clients, and crypto-first firms aiming to get bank charters. It includes the administration itself, influential members of Congress, the Fed, the FDIC, the OCC, and the DoJ. Here’s a recap of notable events concerning banks and the policy establishment in recent weeks:
On Dec. 6, Senators Elizabeth Warren, John Kennedy, and Roger Marshall send a letter to crypto-friendly bank Silvergate, scolding them for providing services to FTX and Alameda research, and lambasting them for failing to report suspicious activities associated with those clients
On Dec. 7, Signature (among the most active banks serving crypto clients) announces its intent to halve deposits ascribed to crypto clients — in other words, they’ll give customers their money back, then shut down their accounts — drawing its crypto deposits down from $23b at peak to $10b, and to exit its stablecoin business
On Jan. 3, the Fed, the FDIC, and the OCC release a joint statement on the risks to banks engaging with crypto, not explicitly banning banks’ ability to hold crypto or deal with crypto clients, but strongly discouraging them from doing so on a “safety and soundness” basis
On Jan. 9, Metropolitan Commercial Bank (one of the few banks that serve crypto clients) announces a total shutdown of its cryptoasset-related vertical.
More at the link. I’ve long been skeptical of cryptocurrency advocates assertion that crypto provides a useful alternative to government-backed fiat currency. But it sure looks like the federal government is acting like that’s the case…
An important message about eternal truths from well-known biologist Fred Rogers:
CRT-pushing commie Angela Davis finds out that one of her ancestors was on the Mayflower.
A British farmer reviews Clarkson’s Farm. He says despite obvious setup bits, a lot of it (like the unexpected catastrophes and intractable town council bureaucracy) rings true.
Election Day definitively confirmed the existence of hidden Trump voters. Undetected by polls and long denied by the establishment media, Trump’s surprising surge had to come from somewhere. Either these supporters were hiding from pollsters or pollsters were hiding them. Regardless, their existence raises disturbing questions about the role played by the establishment media and pollsters in influencing this election.
Election Day provided the startling revelation that a contest that supposedly had been over for months, actually would not be decided for days, and perhaps longer. In reality, the “blowout” proved a nail-biter. More unsettling is the fact that the race probably had been this close all along and that the false impression likely influenced the outcome.
As recently as October 12 the RealClearPolitics average of national polling had Biden at 52.3 percent and Trump at 41.7 percent. The average on Election Day was 51.2 percent to 44 percent. As of November 18, the actual popular vote figures are Biden at 51 percent and Trump at 47.2 percent.
From his October 12 level, Trump’s support increased over 13 percent. How could an error of such magnitude occur? Clearly a lot of hidden Trump voters came from somewhere. The question is whether they were hiding or were hidden.
Whether this was a sin of omission or one of commission has enormous implications for America’s elections. After years’ worth of concern about whether there had been Russian interference in our elections, it bears considering whether America has just fallen victim to internal tampering to a far greater degree.
The establishment media’s preferred answer to how the polls failed to detect millions of Trump voters is that the error was stupid, not sinister. “Whoops, we just missed them” — despite this being pollsters’ business, their assurance that they had “fixed” their polls’ problems from 2016, and the mistake being of incredible size. As results show, 2020’s error is greater than 2016’s.
The establishment media has readily blamed the pollsters, essentially exonerating itself by saying that it was just reporting what it was told. Yet neglected is the fact that the polls’ results were confirming the establishment media’s own bias. This bias has been repeatedly cited for decades and has never been clearer than over the last four years. As testament to the miraculous coincidence of pro-Biden polls and establishment media’s pro-Biden bias, consider the reverse: Would the establishment media have so readily regurgitated polling data showing the race as close as it turned out to be?
We say goodbye, then, to journalists elevating as worthy of public notice obvious liars and lunatics, including convicted felon Michael Avenatti, gossip columnist Michael Wolff, mental health quack Bandy Lee, and conspiracy theorist Louise Mensch — all because they oppose the administration.
Goodbye to weekly “bombshells” that land with a “splat!” instead of a “boom!”
Goodbye to near-daily input from presidential historians turned political assassins.
Goodbye to members of the press acting as if the cover artwork of the latest edition of a prestige news magazine is in some way provocative, stunning, or even particularly interesting.
Goodbye to White House correspondents pretending as if they are reporting from an active war zone or claiming they feel safer covering authoritarian regimes.
Goodbye to the Holocaust being invoked against the administration on a near-daily basis.
Gov. Greg Abbott has ordered the Texas Rangers and other officials to help the City of Dallas respond to a spike in murders and other violent crimes that has gripped the city.
Abbott directed the Texas Department of Public Safety to send help to the Dallas Police Department (DPD) which will include special agents, state troopers, two helicopters, and two patrol planes.
“The rise in violent crime in the City of Dallas is unacceptable, and the Texas Department of Public Safety will assist the Dallas Police Department in their efforts to protect the community and reduce this surge in crime.”
Williamson County Judge Bill Gravell fined $1,000 for violating his own stay at home order to visit his grandson’s birthday party. Not quite a lobbyist-funded trip to The French Laundry, but still not a good look…
Austin leftwing journalists go after (checks notes) moms and sex trafficking victims for daring to oppose police budget cuts. Next up: The cishetronormative oppression of apple pie.
What real hope and change looks like in the Middle East:
This amazing map shows the transformation @realDonaldTrump fomented in the Mideast with his reality-based foreign policy. If the swamp creatures really return it will be a tragedy. But reality is stronger than their fantasies, which is why their ME policies have always failed. https://t.co/vxJDZlP9NG
This is the most upsetting thing you will see all weekend. pic.twitter.com/eVLPZ3J3RI