The fake Kamala bubble evaporates, another would-be Trump assassin is arrested, more Chinese spies on the staff of high profile Democrats, more NYC corruption raids, Ukrainian drones heat things up around Moscow, Intel and Stellantis layoff thousands each, another Harris County Democrat double-dips, a bit about Idaho, and some really stupid sailor shenanigans.
It’s the Friday LinkSwarm!
Evidently jailing Trump right before an election was a kangaroo too far even for this kangaroo court, so Trump’s sentencing has been pushed to after the election. “Judge Juan Merchan ruled Friday that Trump’s sentencing will take place on November 26, three weeks after election day, ensuring that Trump will not be sentenced in any of his criminal cases leading up to the election.”
In the friendliest possible format — a joint interview with VP nominee and emotional-support midwesterner Tim Walz, conducted by Dana Bash with the delicacy of an ornithologist gently hand-feeding hatchling chicks — Harris has revealed that her gaseously mindless word-cloud of a campaign is in fact an accurate reflection of her own personal vacuousness.
To be sure, Harris did not memorably self-destruct tonight. Whatever her failings, they are not those of Joe Biden, who couldn’t even articulate his words without slurring by the end. Her inarticulateness tonight was of the sort already known to be a Harris trademark, the endless jumble of nonsensical, comically vapid stock language. When she could fall back on a memorized list of talking points, she presented somewhat normally; the second she was required to respond directly to a question, then she began to spin out otiose nonsense like a pasta chef catering a Sicilian banquet. You could practically see the gears turning inside her head as she cast her eyes downward, stared laser-beams into the floor, and groped for cliches. She was more muted tonight than usual — her aides clearly ordered her never to display mirth under any circumstances, for fear the Kamala Kackle might emerge — and as a result, while she simulated sobriety for the most part, her body language was pronouncedly downbeat.
And all throughout she offered no answers to any policy questions whatsoever, nor any explanation for her various changes of position between 2020 and now. In theory, Bash asked most of the “right questions”; in practice, the way she solicitously asked them — sometimes even helpfully offering in advance a multiple-choice list of acceptable answers for Harris to choose from — turned them into cream puffs that Harris immediately used to serve up word salad.
Bash’s most pointed moment was when she pushed Harris about why she changed her position on a national fracking ban between 2020 and the present campaign. Harris’s answer was little more than, “Well, because I changed my mind when I became Joe Biden’s VP.” In the real world, anyone familiar with politics well understood that her “position” changed because Joe Biden — the presidential nominee — demanded it, and no other reason. Which of course is why it’s impossible to believe her when she says this is now her sincerely held view, as opposed to something to later be discarded once she can set her own priorities.
Eric Weinstein told Chris Williamson on the “Modern Wisdom” podcast that Donald Trump’s presidency has disrupted the old “rules-based international order,” which many view as an attempt to control global stability and wondered if the Republican nominee will “be allowed” to reenter the White House if elected in 2024. Weinstein argued that Trump’s unorthodox approach challenged the status quo, exposing flaws in the system and revealing that the impact of populist leaders on democracy and international agreements is more complex and significant than previously understood.
CHRIS WILLIAMSON: When we spoke at the start of the year, I said it was way too close to November to switch anybody out. Turns out that I was wrong.
ERIC WEINSTEIN: Beginner’s luck.
CHRIS WILLIAMSON: You said what are the odds that Joe Biden has a debilitating event between now and November including death, so he runs a one in 20 chance of dying in any given year or above that. I don’t think you know whether he’s even going to make it to November debilitating event could have been a debilitating public event
ERIC WEINSTEIN: I purposefully left it vague. I didn’t say the other part of it, which I now feel comfortable saying, which is…
CHRIS WILLIAMSON: What do you mean by that?
ERIC WEINSTEIN: I think there’s a remarkable story, and we’re in a funny game, which is: are we allowed to say what that story is? Because to say it, to analyze it, to name it, is to bring it into view. I think we don’t understand why the censorship is behaving the way it is. We don’t understand why it’s in the shadows or why our news is acting in a bizarre fashion. So let’s just set the stage, given that that was in February.
There is something that I think Mike Benz has just referred to as the rules-based international order. It’s an interlocking series of agreements, tacit understandings, explicit understandings, and clandestine understandings about how the most important structures keep the world free of war and keep markets open. There has been a system in place, whether understood explicitly or behind the scenes or implicitly, that says the purpose of the two American parties is to prune the field of populist candidates so that whatever two candidates exist in a faceoff are both acceptable to that world order.
From the point of view of, say, the State Department, the intelligence community, the defense department, and major corporations involved in international issues—from arms trade to, oh, I don’t know, food—they have a series of agreements that are fragile and could be overturned if a president entered the Oval Office who didn’t agree with them. And if the mood of the country was, “Why do we pay taxes into these structures? Why are we hamstrung? Why aren’t we a free people?” So what the two parties would do is run primaries with populist candidates and pre-commit the populist candidates to support the candidates who won the primaries. As long as that took place and you had two candidates that were both acceptable to the international order—that is, they aren’t going to rethink NAFTA or NATO or what have you—we called that democracy. And so democracy was the illusion of choice, what’s called magician’s choice, where the choice is not actually, you know, “pick a card, any card,” but somehow the magician makes sure that the card that you pick is the one that he knows.
In that situation, you have magician’s choice in the primaries, and then you’d have the duopoly field: two candidates, either of which was acceptable, and you could actually afford to hold an election. That way, the international order wasn’t put at risk every four years because you can’t have alliances that are subject to the whim of the people in plebiscites.
Under that structure, everything was going fine until 2016, when the first candidate ever to not hold any position in the military nor any position in government in the history of the Republic, Donald Trump, broke through the primary structure. Then there was a full court press: “Okay, we only have one candidate that’s acceptable to the international order. Donald Trump will be under constant pressure—he’s a loser, he’s a wild man, he’s an idiot, and he’s under control of the Russians.” And then he was going to be, you know, a 20-to-1 underdog, and then he wins. There was no precedent for this. They learned their lesson: you cannot afford to have candidates who are not acceptable to the international order and continue to have these alliances. This is an unsolved problem.
A Missouri man is facing federal charges following a series of alleged violent threats made via social media against former President Donald Trump, Republicans at large, and law enforcement officers, according to a criminal complaint filed in the Western District of Missouri on Aug. 30.
Justin Lee White, 36, is accused of using interstate communication to spread a slew of online threats to injure Trump, Republicans, and law enforcement in violation of federal law, culminating in a multi-agency investigation led by the FBI, according to the complaint.
Speaking of Trump assassination attempts, DHS personnel assigned to the protective detail for Trump’s Butler rally were given rigorous training. And by “rigorous training” I mean “they sat through a two hour webinar.”
Remember that “Harris Surge” in polls? Yet again, it was a case of oversampling.
As we’ve been highlighting since 2016, polls are not to be trusted thanks to various ‘tricks of the trade’ – most commonly, oversampling.
Last month we noted how the founder of the main outside spending group backing Kamala Harris for president says their own internal opinion polling is “much less rosy” than public polls.
“Our numbers are much less rosy than what you’re seeing in the public,” said Future Forward super PAC president Chauncey McLean said during a Monday event hosted by the University of Chicago Institute of Politics.
Now, the Washington Times reports that some pollsters are even sounding the alarm over Vice President Kamala Harris’ so-called ‘surge’ in the polls – which Harris pulled ahead in after replacing President Joe Biden as the Democratic nominee on July 21.
Since the switch, Harris is leading Trump nationally by nearly 2 percentage points and is either leading or tied with him in all seven battleground states. However, Republican analysts argue that these polling numbers may not accurately reflect voter sentiment due to biased polling methodology…
Critics point out that many polls have been sampling a disproportionately smaller share of Republican voters compared to exit poll data from the 2020 presidential election. The result, they say, is a misleading “phantom advantage” for Ms. Harris. According to them, this skewed sampling could be a strategic move to boost enthusiasm and fundraising for Ms. Harris’ campaign.
Trump campaign strategist Jim McLaughlin echoed this sentiment, stating, “They undersample Republicans” intentionally “to tamp down support and donations for Trump.” He added that the polls are part of a larger effort to create a narrative that favors Harris.
Trump has openly criticized the poll results. “It’s fake news,” Trump declared during a rally in Michigan. “They can make those polls sing.”
“Billionaire Mark Cuban Asked His Followers If They’d Prefer Their Kids Be Like Trump or Harris.” Turns out they preferred Trump by more than 2-1. (Hat tip: Instapundit.)
Another week, another high profile Democrat’s aide turns out to be a Chinese spy.
Linda Sun, a former aide to New York governor Kathy Hochul, acted at the direction of Chinese government and Chinese Communist Party officials while serving in state government, federal prosecutors alleged in an indictment Tuesday.
In a statement, the U.S. attorney’s office in the Eastern District of New York said that Sun was arrested Tuesday morning with her husband, Christopher Hu. They were expected to be arraigned later in the day.
Sun is a former deputy chief of staff to Kathy Hochul and has served in numerous roles throughout New York State government since her first post under the administration of former governor Andrew Cuomo in 2012. Before that, she served as Representative Grace Meng’s chief of staff, when the Queens Democrat served in the New York State assembly.
“As alleged, while appearing to serve the people of New York as deputy chief of staff within the New York State Executive Chamber, the defendant and her husband actually worked to further the interests of the Chinese government and the CCP,” U.S. Attorney Breon Peace said.
The federal government is alleging that Sun was an unregistered agent of the Chinese government and that her husband engaged in money-laundering while they benefited from millions of dollars in bribes from Chinese officials.
The indictment details a shocking pattern of collaboration with China’s consulate general in New York, with Sun at one point in 2020 letting a Chinese diplomat listen in on a private conference call for New York officials regarding the state government’s response to the Covid pandemic.
Chinese-government and CCP officials directed her to block Taiwanese officials from engaging with officials from New York. Beijing views the current government of Taiwan as a traitorous separatist movement and wants to annex the country.
According to court documents, Taiwan’s de facto consulate in New York City invited an unnamed politician, a description that matches the profile of then-governor Andrew Cuomo, to attend a banquet honoring then-Taiwanese president Tsai Ing-wen during her stopover in the city in 2019. Sun forwarded information about the invite to a Chinese official, telling that individual, “I sent you an email / Just an FYI / I already blocked it.” She then declined the invitation without consulting other New York executive chamber officials.
When Sun later asked a colleague to check if the politician was registered for the banquet, that staff member said that it was not on the schedule. Sun replied: “Perfect!”
She also manipulated messaging from the New York governor’s office, while consulting Chinese diplomats, the indictment stated.
Federal agents on Wednesday zeroed in on the highest ranks of Mayor Eric Adams’s administration, searching a home and seizing the phones of the New York City police commissioner, the first deputy mayor, the schools chancellor and others, according to people with knowledge of the matter.
The police commissioner. They seized the police commissioner’s phones. Wow.
Among the other officials the federal investigators sought information from were the deputy mayor for public safety and a senior adviser to the mayor who is one of his closest confidants, the people said. Both men have had other legal challenges.
The agents also searched the home and seized the phone of a consultant who is the brother of both the schools chancellor and one of the deputy mayors, the people said.
The nature of the investigations is unclear, but it appears that one is focused on the senior City Hall officials and the other touches on the police commissioner, the people said.
…
Representatives of the City Hall officials — the first deputy mayor, Sheena Wright; her partner, Schools Chancellor David C. Banks; the deputy mayor for public safety, Philip Banks III; and a senior adviser to the mayor, Timothy Pearson — could not be reached or declined to comment.
The consultant, Terence Banks, a brother of Philip Banks and David Banks, recently opened a government and community relations firm aimed at closing a gap “between New York’s intricate infrastructure and political landscape.” He, too, could not be reached for comment.
Several of the officials had their phones seized or records of their communications subpoenaed.
…
In addition to the police commissioner, Edward A. Caban, several other department officials, including Mr. Caban’s chief of staff and two Queens precinct commanders, also had their phones taken by federal agents, two of the people said.
Says Dwight: “It sounds like the whole Adams administration is so packed with corruption, they can’t even keep the lid screwed on.”
Behind the statistics: “August: 635K Foreign-Born Workers Gained Jobs as 1.3 Million Americans Lost Jobs.”
Germany’s conservative, populist, pro-border security Alternative for Germany won big in this week’s elections. Of course, the media, in unison, denounces anyone who objects to the mass importation of unassimilated Muslims into any European country as “far right.” And in Germany, this means they invariable compare Alternative for Germany to a certain mustachioed National Socialist.
President Trump endorses marijuana decriminalization vote. “Florida’s Amendment 3, titled Recreational Marijuana, would allow adults who are at least 21 years of age have up to 3 ounces of marijuana (a ‘small amount’?) and up to 5 grams of marijuana concentrate. At present, the state only allows medical patients with qualifying conditions to legally buy and possess cannabis.” Marijuana prohibition hasn’t worked. Full-bore marijuana legalization seems to have brought a whole host of problems, especially in blue states. Florida will provide another statewide laboratory of democracy to calibrate an approach.
Lowes may be getting out of the culture wars, but Home Depot is still in, having “partnered with LGBTQ mafia organization Human Rights Campaign on a school program that taught radical gender theory to elementary school kids.”
That budget deficit might also cause the Labour government to pull out of the F-35 procurement program. “Despite previous plans to acquire 138 F-35s, only 48 have been ordered.”
The head of Harris County’s Public Health Department, who was fired last week, has also been working for a California county since last January. Questions are swirling about her work in Texas, including her role in awarding a contract for sending mental health workers instead of police on some 911 calls.
Sources also say there is a pending criminal investigation into the county’s health department and related contracts.
County officials announced last Friday that Executive Director of Harris County Public Health Barbie Robinson had been dismissed, just days after the Houston Chronicle reported on communications surrounding a $6 million contract awarded to DEMA, a California-based company, to run the county’s Holistic Assistance Response Teams (HART).
The Texan has learned that in January 2024, Robinson also contracted with Yuba County, California to provide services for a three-year period. Robinson’s work for Yuba County’s public health department provides her with nearly $200,000 in compensation for hundreds of hours of work, all while managing Harris County’s public health department.
Sources familiar with the matter say that Robinson claimed to have obtained approval from former County Administrator David Berry and the County Attorney’s Office to engage in the additional work, but that current County Administrator Diana Ramirez was unable to confirm Robinson’s claims.
Other sources indicate that the Harris County District Attorney’s Office (HCDAO) has been investigating Robinson and nearly a dozen other individuals with the county, HART, and DEMA for several months.
This week, the McLennan County District Attorney’s Office dismissed murder charges against two Houston men involved in the self-defense incident at a party near the Baylor University campus, finally determining it was a justifiable homicide. While that was good news to Calvin Nichols Jr., it hardly makes up for the 635 days the man spent locked up in jail while the DA’s office slowly dragged its feet over the case.
According to police reports, on the night in question Nichols and his cousin, Jaytron Damon Scott, were invited to a party attended by a number of Baylor students, including football players. According to partygoers, Joseph Craig Thomas Jr. showed up uninvited and began threatening others with a gun, including a female student who asked him to move his car.
He later stuck a gun under the chin of a Baylor football player. And when Scott and Nichols were leaving the party, Thomas began to pistol whip Nichols.
That’s when Scott, acting in defense of his cousin, fired his pistol at Thomas, striking him multiple times and killing him. Murder charges were then filed against Scott and Nichols, a fact that Scott’s attorney, Bryan Cantrell, found unbelievable.
“I don’t know how this case got indicted,” Cantrell told KWTX.com. “This was the clearest self-defense case I have ever seen. And I think the problem is a lot of attorneys and, certainly the people of the community, don’t understand the law of self-defense.”
You would hope that the end of Abel Reyna’s term as McLennan County DA put a stop to this sort of thing, but evidently not.
The U.S. Department of Agriculture is preparing to implement the Biden-Harris administration’s Sustains Act which aims to regulate who will own environmental services.
According to private property rights advocates, American Stewards of Liberty (ASL), examples of environmental services include “the air we breathe, photosynthesis, pollination, and even the health benefits of open space.”
Specifically, the new law allows private funds to be used for conservation efforts on private land. The USDA will oversee the program, and the Secretary, preparing its implementation, will also decide who owns the environmental service.
Although the public may still provide the USDA with comments about the plan until September 16, 2024, ASL refers to the new law as “critical for proponents of the United Nations’ sustainable development agenda to achieve.”
The private property rights advocates see the program as a means to “provide the path to transfer America’s real assets from private citizens to federal and international interests.”
Screw both the Biden Administration and the UN.
The latest Stolen Valor Democrat is Maryland governor Wes Moore, who didn’t earn the Bronze Star he claimed he did.
Speaking of Idaho, how Micron defied the odds to become one of the biggest DRAM manufacturers in the world.
Intel just cancelled their 20A (2nm) node and will be fabbing their Arrow Lake processor at TSMC. “Intel projects it will save half a billion dollars by skipping the 20A node. The announcement comes as Intel embarks on a vast restructuring in the wake of troubling financial results last quarter. The company continues to lay off 15,000 workers, among the largest workforce reductions in its 56-year history.” It’s supposedly going full speed ahead with its 18A node, theoretically due in 2025. (Hat tip: Ace of Spades HQ.)
Intel and Japan are teaming up to work on EUV. Hard to see them making much progress given how large a lead ASML has…
Rael Enteen, Vice President of the Washington Commanders football team (AKA The Artist Formerly known As The Washington Redskins) has been fired.
He told…that, “over 50% of our roster is white religious, and God says, ‘F— the gays.’ Their interpretation. I don’t buy any of that. Another big chunk is low-income African Americans that comes from a community that is inherently very homophobic.”
…Enteen also said some players are “dumb as hell” and said some who were smart don’t stay that way after getting hit in the head too many times. He also said those who “get their heads knocked around a few times” are more susceptible to conspiracy theories.
Enteen also said, “I don’t think the commissioner of the NFL hates gay people, hates black people. Jerry Jones, who really runs the NFL, I think he hates gay people, black people.”
And James O’Keefe claims another scalp…
Legal Insurrection’s William A. Jacobson just got dis-invited from speaking on antisemitism at a synagogue in Tampa. “How could any Jew look around at the current geopolitical landscape and conclude that it’s safe to ignore all the various threats to their existence — not just Hamas terrorists in Gaza, but also the various murderous entities backed by the Islamic radical regime in Iran, to say nothing of Democratic primary voters in Dearborn, Michigan — because Trump is the real danger? What kind of cocoon are these people living in?”
All those “new jobs” created in the Biden Recession have gone to illegal aliens, two Trump court cases appear to be in the process of derailment, more Hunter Biden shenanigans come to light, a whole lot of anniversaries this week, and a chance to own the Ark of the Covenant! It’s the Friday LinkSwarm!
The first Wall Street analyst daring to point out that the employment emperor is naked, is Standard Chartered’s global head of macro, Steve Englander who in a note titled simply enough “Immigration leading to labor-market surge” [writes] that according to his estimates “undocumented immigrants account for half of job growth in FY24 so far” (the actual number is far higher but we understand his initial conservatism), and adds that “asylum seekers and humanitarian parolees explain the surge in undocumented immigrants” before concluding that the continued rise in EAD approvals likely will extend strong employment growth in 2024. In other words, “strong employment growth” for American citizens, always was and remains a fabulation, and the only job growth in the US is for illegals, who will work for below minimum wage, which also explains why inflation hasn’t spiked in the past year as millions of illegals were hired.
How is this not the biggest political talking point right now: since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs. pic.twitter.com/Z5HVWmQ24C
Does a mistrial loom in the Trump kangaroo court case? Seems like a juror celebrating a guilty verdict before the trial was over on Facebook is yet another reason to throw out the conviction…
Speaking kangaroo Trump prosecutions, the Georgia Court of Appeals has ordered that case halted until the Fani Willis conflict of interest issue is resolved.
In other court news, in Hunter Biden’s defense just blew up.
Hunter’s defense, carefully crafted by attorney Abbe Lowell during his opening statement on Tuesday, was blown up by the testimony of an ex-girlfriend and ex-wife who described the extent of Hunter’s crack-cocaine usage around the time he purchased a firearm in October 2018 — and by the salesman who sold Hunter the gun he allegedly lied in order to purchase.
Hunter is facing two federal charges related to his allegedly lying about his drug addiction on a gun-purchase background-check form and he faces a third charge for allegedly possessing the firearm while addicted to crack cocaine. Hunter pleaded not guilty to the charges last year and faces up to 25 years in prison.
Most of the day was taken up by testimony from Hunter Biden’s ex-girlfriend Zoe Kestan, a woman who dated Biden from roughly December 2017 to November 2018, despite being half his age at the time.
Prosector Leo Wise conducted a lengthy direct examination of Kestan accompanied by pictures from her cellphone to corroborate her recollection of events.
Wise and Kestan seemed to get into a rhythm throughout the direct examination, as Kestan recalled large events and small details from her time with Hunter Biden. Kestan remembered exact dates and named the various hotels they stayed at during their time together.
Each time Kestan described an experience with Hunter Biden, Wise asked her if Hunter Biden smoked crack at their hotel or Airbnb, and Kestan always replied affirmatively.
“Every 20 minutes or so,” Kestan said of Hunter Biden’s crack habit during one of the hotel stays. She noted that he smoked crack less frequently in public, and she never noticed a change in his demeanor when he smoked.
Wise shared photos from Kestan’s cellphone showing drug paraphernalia scatted around the bathrooms and tables of their lodgings. One of the images appeared to show Biden in a hotel bathtub holding a crack pipe in the wee hours of the morning. When Wise showed the images, Kestan easily pointed out the drug paraphernalia and explained to the courtroom how the various materials were used to cook and consume crack.
Biden allowed Kestan to withdraw cash from his account when he needed to spend it on drugs, she recounted. Kestan stated the names of drug dealers and described the drug transactions she saw at the hotels and other locations.
Kestan’s testimony and the images allowed Wise to establish that Hunter was smoking crack in September 2018, following his late August rehab stint in Malibu, Calif. She said Biden smoked crack every 20 minutes at a Malibu house he rented, and she did not remember Biden discussing his rehab stint during her time at the house in September 2018.
Wise closed the direct examination by introducing a lengthy text message Biden sent her in December 2018 lamenting how he would always be a drug addict and his attempts to get sober failed.
And this is “the smartest guy” Joe Biden knows…
Also from Hunter’s weapons case, he was caught on tape bragging about how he could score crack in Timbuktu. Which is a neat trick, since it’s an Islamic majority city in Mali, Africa, and is currently under siege by Jama’at Nasr al-Islam wal Muslimin, a jihadist organization which has incorporated elements formally loyal to both al Qaeda and the Islamic State. To be fair to the crackhead, he apparently said this before the siege was imposed last year…
Also, I would like to apologize to readers for not knowing about the siege and doing at least a LinkSwarm post to it. So much news, so little time..
On Friday, Mayor John Whitmire and outgoing Harris County District Attorney Kim Ogg announced seven people have been indicted for 14 public corruption felonies ranging from abuse of official capacity to tampering with evidence. The charges are related to a scheme surrounding the City of Houston’s water repair contracts.
Patrece Lee, the lead defendant, and a former city employee, had access to $80 million of city funds for emergency waterline repair.
In the Summer and Fall of 2022, Lee was in a position to recommend vendors for contracts with the City of Houston public works department to repair the water lines. Lee allegedly made agreements with companies to have them hire her as a “consultant” to receive a kickback in exchange for expedited payments and bigger contracts. She also targeted less experienced companies and offered her services to help them “get paid faster, or to get bigger and better contracts in the future” as well.
Lee allegedly received roughly $320,000 in payments from that scheme and then steered contracts to a company owned by her brother, allowing them to be paid more than $400,000 of which she immediately transferred $380,000 to her own company. The total amount she stole from the city was $700,000.
“The cooperation that we’ve received from this administration stands in stark contrast to the last seven years,” said Ogg.
The issue was uncovered during Mayor Sylvester Turner’s administration. However, he planned to have it handled as an internal civil or administrative matter rather than refer it to the district attorney for criminal prosecution.
If Kim Ogg would actually go after government corruption (and real criminals) while she’s a lame duck DA, that would be a nice silver lining to the clouds of Houston/Harris County’s soft on crime Democratic leadership.
The Houston conman who pretended to be a rabbi. “The man accused of spending $15,000 on a dead woman’s credit card has a long history of fraud, according to police, court records and his family. Police say Dustin Mitchell, who goes by Dustin Cohen, posed as a Rabbi, lawyer and possibly a cop to defraud people. They also say they think he spray-painted anti-semitic vandalism on his own truck.” (Hat tip: Ace of Spades HQ.)
…and the 20th anniversary of Killdozer. The event, not the great Theodore Sturgeon short story or the medicore TV movie made from it.
Speaking of D-Day, Biden just plagiarized Reagan’s speech.
Joe Biden essentially plagiarized Ronald Reagan’s famous 1984 speech at Pointe du Hoc today in Normandy. Watch these clips side by side. Wow: pic.twitter.com/jeGgTS2Nnm
Obviously, the ruble has lost value because of the extensive sanctions and cutoff from SWIFT following Russia’s launch of its illegal war of territorial aggression against Ukraine. For most of the last year, the exchange rate has bounced from a high of 75 rubles to the dollar to a low of just over 100 rubles to the dollar.
However, in the last month, the ruble-dollar exchange rate has traded within an extremely narrow band between just over 90 and just over 94 rubles to the dollar.
That’s a pretty unusual, and pretty narrow, band to be trading in. The question is who, or what, is maintaining that band. Russia could be intervening to make sure the ruble doesn’t go too much above 94, but it wouldn’t make sense for them (if they’re trying to defend the currency) to be sellers on the other side when the ruble appreciates to 90 or less per dollar. Could it be China, trying to move some of the rubles taken in bilateral trade, or some institutional investor somehow stuck with rubles for two two years, unloading them whenever it hits that peg?
But it’s not just the dollar! We see the same thing with the Pound:
And the Euro:
It even seems true of two of Russia’s remaining big trading partners. The Indian rupee:
The Chinese Renminbi/Yuan:
All seem to be trading within very narrow, oscillating bands.
Is it a data artifact? Other currency exchange sites don’t show quite as obvious oscillation, but all do show trading within that narrow band.
I don’t know what to make of it. I don’t know enough to hazard any more educated guesses than that. But someone seems to be manipulating ruble exchange rates, and I’m not sure why.
If you have any ideas, feel free to share them below.
The Biden Recession bites deeper, Soros’ hands are all over the pro-Hamas protests, California fast food wage hikes hurt workers (but help robotics companies), and some Harris County legal followups. Plus some Zack Snyder bashing. It’s the Friday LinkSwarm!
For the first time in our history, a 30-year-old man or woman isn’t doing as well as his or her parents were at 30. That is the social compact breaking down.
People aged 30-34, 60% of them in 1990 had one child. Now it’s 27%. People are opting out of America, they’re not optimistic about it, they’re not having kids. Young people aren’t having sex. They’re not meeting, they’re not mating. The pool of emotionally and economically viable men shrinks every day. Which lessens household formation.
They (millennials and Gen Z) look up, they see wealth, exceptional wealth, across my generation and people in certain industries, and they are really struggling. Their purchasing power is really going down…
We get very concerned with housing and traffic once we own the housing. Housing permits are sequestered from young people, housing prices have gone from $290,000 to $420,000 in the last 4 years.
So a young person, a house, stocks that I don’t own, skyrocket in value, let’s have Covid relief and flush the markets and take assets way up because a million people dying would be bad, would be tragic if I got less wealthy, and we’re doing it on their credit card.
Bill Maher is, if anything, clever about his timing like most comedians. His rebellion against the woke mob has been carefully crafted in a way that has allowed him to avoid outright cancellation. It’s not as impressive a revolt as Gina Carano’s because the risk today is far less, but at least he’s willing to address the obvious hypocrisy within the social justice crowd and admit that maybe, just maybe, conservatives had it right all along.
His latest surprising monologue covers an issue everyone has known about for years but almost no one in the media has been willing to address seriously because it involves many of their friends in the entertainment industry. Hollywood was quick to jump on the feminist bandwagon at the helm of the “Me Too Movement”, but this only exposed a small part of Hollywood’s degeneracy. Actresses trading sex for favors from producers and executives is hardly that shocking a revelation. The thing they really don’t want to talk about is the industry’s penchant for pedophilia…
The money quote from that video that’s not in the ZeroHedge article: “The left will overlook child-fucking if a guy from the wrong party points it out.”
One of the deepest darkest secrets of film, television and music media is that the business has long been used as a vehicle for child abusers to target kids in an environment where parental supervision is limited (and lots of money can be gained). This reminds us of yet another environment where parental supervision is limited: Public schools. The political left has also targeted these institutions as ample ground for grooming. Why? As Bill Maher notes, the groomers are naturally gravitating to where the children are.
“Leave the kids alone” is a mantra that the woke movement simply refuses to understand or accept. The reason is relatively transparent – Leftists are less inclined to have children of their own, and so, in order to increase their numbers and power they are required to indoctrinate your kids instead. This is all done under the guise of “inclusion” and the “greater good” but the results of this kind of activism are becoming deeply disturbing. Even moderate liberals are noticing that woke behavior is destroying what remains of their image.
Newly unsealed documents in Donald Trump’s classified documents case reveal that the Biden White House colluded with the National Archives (NARA) and the FBI to concoct a case against the former president.
What’s more, Special Counsel Jack Smith sought to conceal this – telling Judge Eileen Cannon in February that Trump’s counsel isn’t entitled to discovery on documents between the White House and NARA, that the court should toss requests for evidence of the alleged coordination, and that the court should deny Trump’s request for evidence related to secure facilities at his residences. Further, Trump’s request for unredacted discovery of materials should be denied.
Seems like a substantial due process rights violation, doesn’t it?
Immediately after Biden’s signature, the Pentagon announced $1 billion of military assistance to Ukraine from the Presidential Drawdown Authority.
Stinger anti-aircraft missiles, ammunition for HIMARS rocket systems, 155mm artillery rounds, 60mm mortary rounds, and Bradley Infantry Fighting Vehicles, are among the U.S. capabilities being provided to Ukraine, the Pentagon said.
The foreign-aid legislation will send roughly $60 billion in aid to Ukraine, with $23 billion being used to replenish U.S. weapons stockpiles and $11 billion to fund U.S. military operations in the surrounding area.
Israel will receive $26 billion including $4.4 billion to fund its Iron Dome and David’s Sling missile defenses. Over $9 billion of the Israel aid will go towards humanitarian relief.
While I support military aid to Ukraine, Republicans should not have dropped their demand that border security be addressed first, nor should we be raising the national debt to do it. And if we’re going to be paying for David’s Sling and Iron Dome, then we better damn well be getting the tech back to use in our own weapons.
At three colleges, the protests are being encouraged by paid radicals who are “fellows” of a Soros-funded group called the US Campaign for Palestinian Rights (USCPR).
USCPR provides up to $7,800 for its community-based fellows and between $2,880 and $3,660 for its campus-based “fellows” in return for spending eight hours a week organizing “campaigns led by Palestinian organizations.”
They are trained to “rise up, to revolution.”
The radical group received at least $300,000 from Soros’ Open Society Foundations since 2017 and also took in $355,000 from the Rockefeller Brothers Fund since 2019.
More on that theme:
TERROR: The occupation of college campuses across the US is a well organized and funded operation led by Soros-backed groups including Students for Justice in Palestine (SJP) and the US Campaign for Palestinian Rights (USCPR). The Soros-backed NGOs pay outside agitators $7800 and… pic.twitter.com/6wzpjBksBs
A lot of Jewish friends, especially those who are finally awake after 10/7, say things like "how is this America?" or "It's so scary that this Jew-hatred is happening everywhere." But it's very much NOT "America" and it absolutely is NOT happening "everywhere." In south Florida,…
A lot of Jewish friends, especially those who are finally awake after 10/7, say things like “how is this America?” or “It’s so scary that this Jew-hatred is happening everywhere.” But it’s very much NOT “America” and it absolutely is NOT happening “everywhere.” In south Florida, Jews wear the dinner plate Magen Davids and no one says one word. In rural Michigan, churches put “pray for Israel” on the signs outside. I’m not naive, obviously Jew-haters can and do live anywhere. But they’re only thriving, open, proud, in blue areas and I’m not going to let people ignore that. A lot of liberal Jews are trying to parse things right now. They imagine they are still of the left but just on this one tiny little thing, their right to exist, they disagree. No, my friends. It’s a house of cards and you’re pulling the one from the very bottom. The whole left ideology is corrupt and you’re going to have to face it. You can’t spread the blame around. The hatred, the rage, the violence, the dehumanization is all coming from one side: yours.
When Democrat judges go rogue. “Do not bring the Second Amendment into this courtroom. It doesn’t exist here. So you can’t argue Second Amendment. This is New York.” (Hat tip: Stephen Green at Instapundit.)
The state of California seems hellbent on making life a living hell for middle-class residents, as evidenced not just by their soft-on-crime policies but by the minimum wage increase that went into effect at the beginning of April.
Though the $20/hour wage was ostensibly designed to help minimum wage workers, it has had the opposite effect, with fast food restaurants in the Democrat-run state slashing jobs and hours, implementing hiring freezes, and/or bringing in self-serve kiosks to ease the financial burden.
Something else they’ve had to do is raise prices on the food they serve, with prices going up as much as eight percent at some locations.
While the fast-food industry was founded on utilizing technology to increase efficiency, the robot revolution seems to be speeding up.
Last year, Sweetgreen, a Los Angeles-based fast-casual salad chain, debuted its fully automated Infinite Kitchen at a restaurant in Illinois. Like Mezli, the Infinite Kitchen moves bowls down a conveyor belt where its system automatically portions out ingredients. The technology is “expected to cut labor costs in half while boosting throughput,” according to a trade magazine.
Similarly, the founder of Chipotle recently launched a new fast-casual chain, Kernel, that utilizes robots to heat and assemble vegetarian meals.
In December, a CaliExpress burger joint opened in Pasadena, complete with robot arms that cook burgers and fries, and AI-powered kiosks that allow customers to order and pay (and tip, of course), with their faces. Leaders at Miso Robotics, one of the companies behind CaliExpress, have said it is the first restaurant where all the ordering and cooking is fully automated.
The robots “don’t call in sick, they don’t get drunk the night before work and come in with a hangover,” one CaliExpress leader told a local TV station. “They’re a little bit more reliable.”
Other restaurants, including Cajun Crack’n in Concord, Calif., are experimenting with robots that can deliver food, bus tables, and may soon be taking orders. Robot bartenders and baristas are also in the works.
While restaurant sales are forecasted to increase this year and the restaurant workforce is expected to grow, owners are continuing to struggle with slim margins, in part due to food inflation and rising labor costs. According to the National Restaurant Association’s 2024 State of the Restaurant Industry report, 98 percent of restaurant operators are struggling with higher labor costs, and 38 percent say they weren’t profitable last year.
Biden Recession + union-backed wage hikes = boom times for robots
El Paso Democratic judge: Eh, there’s not enough evidence to put these illegal aliens on trial for assaulting state troopers. Just let them go. Grand jury: Nope! We’re indicting 141 of them for that riot.
Another Harris County follow-up: DA Kim Ogg announced that the legal cases against Lina Hidalgo staffers will now be prosecuted by the Texas Attorney General’s office because Democratic DA nominee Sean Teare, who defeated Ogg in the March primary, “works for the Cogdell Law Firm, which is defending Hidalgo’s former Chief of Staff Alex Triantaphyllis in the case, and that he had sought and received Hidalgo’s endorsement.”
The Biden Administration wants to waste taxpayer money pushing radical transgenderism in other countries. “The Biden administration wants to train at least 200 activists to advocate for transgender rights in India as part of a program ostensibly designed to advance America’s ‘national interests,’ according to a federal grant posting.”
More Biden Administration madness: “A popular US convenience store chain has been hit with a civil rights lawsuit accusing it of discriminating against minority job seekers because it requires applicants to have no criminal record.”
A dust storm of political madness is brewing in Phoenix as Grand Canyon University faces the continued threats of Education Secretary Miguel Cardona.
Christians have watched as the Biden administration attacks biblical views left and right, with a particularly vehement disregard for the sanctity of life and marriage. As such, it can’t be too surprising that Cardona, a part of this leftist administration, has vowed to shut down America’s largest Christian university.
In late October, Grand Canyon University was hit with “a $37.7 million fine brought by the federal government over allegations that it lied to students about the cost of its programs,” The Associated Press reported—an accusation that GCU President Brian Mueller described as “ridiculous.”
Around the same time, Liberty University, America’s second-largest Christian university, also was fined $37 million “over alleged underreporting of crimes.”
Grand Canyon University appealed its fine in November even though a hearing is not expected until January 2025. But the question Mueller has is one of integrity. Is this genuine consideration for the well-being of students, or is this a targeted attack against religious institutions?
“It’s interesting, isn’t it, that the two largest Christian universities in the country, this one and Liberty University, are both being fined almost the identical amount at almost the identical time?” GCU’s president speculated in a speech. “Now is there a cause and effect there? I don’t know. But it’s a fact.”
Trader Joe’s organic basil has an extra organic ingredient: salmonella.
Critical Drinker wasn’t impressed with Rebel Moon 2: “Comically inept…boring and tedious..derivative cliched and unoriginal. It takes a special kind of cinematic anti-genius to bring all these things together into one movie. You have to actively work to make a film this bad”
The Biden Recession hits boardgaming. This is not a field I have much experience with, as the last boardgame I bought was the Kickstarter for the Designer Edition of Ogre. But I have noticed a similar decline in what science fiction book collectors are spending. Still, the idea that boardgames manufacturers are close to $1 billion in debt is pretty staggering.
The Onion sold. “The Onion has a new owner: a company called ‘Global Tetrahedron,’ which is a real thing based on a fake entity invented by the satire site more than two decades ago….The Onion’s new owner is Jeff Lawson, co-founder and former CEO of Twilio, a customer-service software company, he announced Thursday on X (formerly Twitter).” When last we read about Jeff Lawson, he was dumping money on the Dem side in the 2020 Texas Senate race, to no effect. Now people are wondering whether they’ll shut down zombie SJW gaming site Kotaku…
Live in Florida? Ron DeSantis would like you to adopt this cute border dog:
Essentia is a lab/shepherd mix who was rescued from the southern border, where the border crisis affects everyone—even our canine friends. Please consider giving Essentia a great home by adopting her from Big Dog Ranch Rescue.https://t.co/2ATqP5DPQNpic.twitter.com/qMO8JD1zUw
India has been trying to get into semiconductor fabrication for a while now, and after announcing a $10 billion investment fund, and with China locked out of so much semiconductor technology, there have been a lot of news bubbling up, but I want to focus on the Foxconn/Vedanta fab project.
The Economic Times is reporting that Foxconn and Vedanta are seeking to bring in European chipmaker STMicroelectronics as their technology partner in their proposed India manufacturing unit. The two companies announced their joint venture February 2021, with Foxconn as lead partner. Vedanta are reportedly seeking to onboard a CXO to head their semiconductor business.
Snip.
Vedanta-Foxconn are set to finalize a location for their facility in the next few weeks. The consortium are reportedly seeking a 800-1000 acre land parcel that is also well connected with Ahmedabad. The Gujarat government, as of media reports on September 16, showing sites at Sanand and Mandal-Becharaji in Ahmedabad district, two locations near Vadodara in central Gujarat, Dholera, Himmatnagar, Jamnagar, and Kutch. The plant has to be located at a distance from national and state highways so to cut off any vibration from heavy traffic movement. Further, no other major industry should be located in its vicinity.
Vedanta and Foxconn, in a 60-40 joint venture, will be setting up India’s first semiconductor production plant, a display fab unit, and a semiconductor assembling and testing unit over 1000 acres in Ahmedabad, state of Gujarat. The plant will begin production in two years as Foxconn plays the role of technical partner while Vedanta provides financial backing. The investment is worth over INR 1.54 trillion (approx. US$20 billion) and semiconductor manufacturing will be carried out by the holding company, Volcan Investments Limited.
Foxconn is a serious tech player that has serious mastery over the value-added chain. $20 billion, assuming it actually materializes, is real money, even in semiconductors. It’s right around the threshold to build a state of the art sub-10nm fab, even though it’s apparent that that’s not what they’re aiming for.
Vedanta, on the other hand, is another matter. They’re “a globally diversified natural resources company. We extract and process minerals, oil and gas.” Yeah, a natural resources company generally isn’t who you want running your fabs. Another strike is their talking about “Net Zero Carbon by 2050,” which suggests they may have their fingers in political scam pies.
STMicroelectronics is a real chipmaker that runs real fabs, but not the first company I would turn toward to purchase cutting edge process technology from, nor even the tenth. The fact that STM has already announced plans to team up with Global Foundries to build a new 300mm fab next to their existing fab line in Crolles, France in June 2022 makes me even more suspicious. Information on that existing 300mm Crolles fab is sketchy, and I know that for a long time it was a pilot rather than a production line, and I can see no evidence that it was ever expanded to volume production.
The fact that they plan to set set up a fab, a display fab, and a slice-and-dice packaging facility suggest a certain lack of focus. Flat Panel Display (FPD) fabs use familiar semiconductor steps, but the machines are very different because the substrates are different, and Samsung has huge dedicated display fabs. It’s setting up a modern chip fabrication plant that’s the difficult part, and while this combination could probably put together a solid trailing edge fab, like Bosch’s new 65nm fab. But that only cost $1.2B. Maybe they plan to build something in the 20-10nm range.
“The plant will begin production in two years.” Yeah, that’s not happening. Even giant players like TSMC and Intel generally take 2.5-3 years to stand up a new fab from breaking ground to starting up the line.
This could still happen, but the details are very sketchy. The slice and dice operation could be set up without too much difficulty, but it’s a low volume, low tech spinoff operation. A display fab would be more difficult, but it’s doable, though again, probably not in two years. But a real 300mm wafer, sub-65mn node microchip fabrication plant in India? I don’t see this set of players carrying that off well in three years. Five sounds more realistic, and that’s assuming the deal doesn’t fall apart.
Taiwan’s TSMC is also looking to set up a chip-fabricating factory in India, and is currently speaking to various government agencies to check the viability of setting up factory in India. TSMC already has one of its largest offices outside of Taiwan in India in Bengaluru, Karnataka, from where it provides support to its’ existing customers in Asia, Europe and North America and supports and encourages fabless companies in India in design and growth.
Ever since news N Chandrasekaran – chairman of the Tata group, announced that Tata Electronics (TEPL) will set up an Outsourced Semiconductor Assembly and Test (OSAT) facility in India, there has a been a lot of speculation, according to which, TSMC and Tata may enter into a partnership.
Besides TSMC, Powerchip Semiconductor Manufacturing Corporation, a Taiwanese chipmaker, is also in exploratory negotiations with several Indian companies to help establish new chip operations in the country, as per a report by Taipei Times. According to the newspaper, the memory chip maker’s announcement put an end to six months of speculation that it was planning to invest in India to diversify its operations despite Taiwan’s rising geopolitical tensions.
“Speaking to,” “exploring plans,” etc. These are very wishy-washy terms. Powerchip is a memory manufacturer that’s hardly flush with cash. I’m sure TSMC is talking to a lot of countries about fabs, but their newest one is under construction in Arizona.
International Semiconductor Consortium (ISMC), a joint venture between UAE’s Next Orbit Ventures and Israel’s Tower Semiconductor, was supposed to spend $3 billion to get started on a 40-65nm analog fab right about now, but I don’t see signs that’s actually happened. Tower is a real foundry, and the $3 billion pricetag and 4-5 year timeline seems realistic, but I’m not 100% sure they’re still interested in the project after Intel announced plans to buy them about a year ago. And having to bring in Arab petrostate funding for your venture is seldom a sign of strong financial viability.
There’s no reason you can’t build one or more modern fabs in India, but so far no major chip manufacturer has chosen to do so, despite the supposed availability of $10 billion in government subsidies.
Enough links have filtered into the semiconductor bucket to be worth doing a roundup. This one touches on China and the corruption of our political elites.
The congressional Democrats’ attempt to throw money at the problem is going nowhere fast.
The Biden administration is laser-focused on sending Ukraine billions of dollars in weapons, including the latest round of anti-ship systems, artillery rockets, and rounds of 105 mm ammo for howitzer cannons that it has entirely lost focus on reshoring efforts to boost semiconductor production Stateside.
Multiple manufacturers of semiconductor wafers have announced plans for new multi-billion dollar factories across the U.S. but are contingent on Congress allocating funds to aid in building facilities under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act.
Congress passed the CHIPS Act in January 2021 as part of last year’s National Defense Authorization Act, which proposed $52 billion in funding for increasing the domestic capacity of chip production, though the House and Senate have come to a standstill over disagreements on certain parts of the bill that have sparked so much uncertainty among companies set to build new factories.
In a letter on June 15, dozens of technology executives from IBM, Intel, Microsoft, Analog Devices, Micron, Amazon, and Alphabet called on Congress to move quickly on the CHIPS Act. They wrote, “the rest of the world is not waiting for the U.S. to act,” and funding for new chip factories must be achieved immediately.
Taiwan’s GlobalWafers announced a new $5 billion factory in the U.S. on Monday, but contingent on subsidies from the federal government.
“This investment that they’re making is contingent upon Congress passing the CHIPS Act. The [GlobalWafers] CEO told me that herself, and they reiterated that today,” U.S. Commerce Secretary Gina Raimondo told CNBC, the same day GlobalWafers announced its development plan.
Notes:
IBM doesn’t own any fabs any more, having sold them all to GlobalFoundries.
Intel runs a huge number of very profitable fabs (troubles with their sub-10nm process yields notwithstanding) and doesn’t need federal subsidies.
Microsoft doesn’t own any fabs and is deeply unlikely to build any; their flagship Xbox Series X uses a custom AMD Zen 2 fabbed by TSMC as its CPU.
Analog Devices is an Integrated Device Manufacturer that owns several fabs with pretty old technology; they don’t have any 300mm fabs. They closed a small fab in Milpitas they got from their acquisition of Linear Technology last year. Designing analog chips is its own black art, and not everything that applies to shrinking digital circuits applies to the analog realm.
Amazon has no fabs and probably won’t be building any, but they do have a chip design division to support Amazon Web Services, and recently designed a cloud computing chip. They work closely with AMD (fabbed at TSMC), Intel (own their own fabs) and Nvidia (another fabless design house that also gets their chips fabbed at TSMC).
Alphabet AKA Google has no fabs and probably won’t be building any, though they do have a lot of AI chip design work going on.
GlobalWafers isn’t a semiconductor manufacturer, it’s a silicon wafer manufacturer. Making such wafers (the substrates upon which semiconductor fabrication depends) has its own challenges, but they are several orders less difficult than cutting edge chip fabrication. Maybe I’m quite far out of the loop, but I’m deeply suspicious that GlobalWafers planned wafer plant in Sherman, Texas will cost $5 billion. That’s a relatively piddling sum for a new semiconductor fab, but extremely expensive for a wafer factory. This makes me suspect a subsidy grab is afoot.
So of the companies mentioned, Intel could suck up government funding to build a fab they were going to build anyway, I’m sure Analog Devices would build a fab with government money, but chances of them running an under 10nm process in said theoretical fab is extremely slim, none of the other mentioned copies are going to build a fab, and none of that government money is going to alleviate the main problem that the overwhelming majority of cutting edge chip designs have to flow through TSMC fabs in Taiwan. What will solve that problem is TSMC opening a state-of-the art fab in Arizona in 2024. No amount of U.S. taxpayer money will make that already-under-construction fab start producing chips any quicker.
$250 billion in taxpayer subsidies wouldn’t get you a single additional wafer start this year, and probably would accomplish little more than channeling money to politically connected firms and sticky pockets in a state (New York) that no one wants to build fabs in any more because of high costs, high taxes and union rule requirements.
So who expects to earn immediate gains from the taxpayers subsidizing semiconductors? Would you believe Nancy Pelosi?
I bet you would.
This past week it hit the terminal that House Speaker Pelosi was doing a little portfolio re-jiggering, including exercising $8 million of call options in Nvidia and selling Apple and Visa calls. The data was per CongressTrading.com and was reported on by Bloomberg.
The Nvidia LEAPS were bought June 3, 2021 with $100 strikes, set to expire June 17, 2022 and the position appeared to be disclosed on Thursday morning for the first time. $8 million trades seem a little odd for members of Congress to begin with, but who are we to judge?
But then, what did Speaker Pelosi do just hours after disclosing the trade, on Friday?
She threw her weight behind a stalled $50 billion CHIPS PLUS bill that “would provide $52 billion in funding for semiconductor manufacturing grants and investment tax credits for the chip industry.”
We tend to discuss leading-edge nodes and the most advanced chips made using them, but there are thousands of chip designs developed years ago that are made using what are now mature process technologies that are still widely employed by the industry. On the execution side of matters, those chips still do their jobs as perfectly as the day the first chip was fabbed which is why product manufacturers keep building more and more using them. But on the manufacturing side of matters there’s a hard bottleneck to further growth: all of the capacity for old nodes that will ever be built has been built – and they won’t be building any more.
Not strictly true. Remember, Bosch just finished building a 65nm fab.
As a result, TSMC has recently begun strongly encouraging its customers on its oldest (and least dense) nodes to migrate some of their mature designs to its 28 nm-class process technologies.
Nowadays TSMC earns around 25% of its revenue by making hundreds of millions of chips using 40 nm and larger nodes. For other foundries, the share of revenue earned on mature process technologies is higher: UMC gets 80% of its revenue on 40 nm higher nodes, whereas 81.4% of SMIC’s revenue come from outdated processes.
That’s because UMC has fallen woefully far behind TSMC, and no one trusts them because they let Chinese spies walk out the door with other company’s IP. SMIC is on Mainland China, sucks even more, and is trusted even less.
Mature nodes are cheap, have high yields, and offer sufficient performance for simplistic devices like power management ICs (PMICs). But the cheap wafer prices for these nodes comes from the fact that they were once, long ago, leading-edge nodes themselves, and that their construction costs were paid off by the high prices that a cutting-edge process can fetch. Which is to say that there isn’t the profitability (or even the equipment) to build new capacity for such old nodes.
This is why TSMC’s plan to expand production capacity for mature and specialized nodes by 50% is focused on 28nm-capable fabs. As the final (viable) generation of TSMC’s classic, pre-FinFET manufacturing processes, 28nm is being positioned as the new sweet spot for producing simple, low-cost chips. And, in an effort to consolidate production of these chips around fewer and more widely available/expandable production lines, TSMC would like to get customers using old nodes on to the 28nm generation.
“We are not currently [expanding capacity for] the 40 nm node” said Kevin Zhang, senior vice president of business development at TSMC. “You build a fab, fab will not come online [until] two year or three years from now. So, you really need to think about where the future product is going, not where the product is today.”
This video asks whether China can produce their own chips:
Obviously, they already produce some of their own chips, but the video covers most of the issues China has with fabbing more complex chips that I’ve already discussed here and here. They’re still dependent on the same three leading fab companies (TSMC, Intel and Samsung) everyone else is for sub 10nm feature chips, and are overwhelmingly dependent on both foreign talent and foreign semiconductor equipment manufacturers like ASML and Applied Materials.
Speaking of TSMC and Intel, India would really like them to build fabs there. The problem is, despite a whole lot of technical talent there, it doesn’t have a terribly large domestic electronics manufacturing base.
Supply chain problems have gotten so bad that Derek Thompson at The Atlanticdeigns to notice them:
The coronavirus pandemic has snarled global supply chains in several ways. Pandemic checks sent hundreds of billions of dollars to cabin-fevered Americans during a fallow period in the service sector. A lot of that cash has flowed to hard goods, especially home goods such as furniture and home-improvement materials. Many of these materials have to be imported from or travel through East Asia. But that region is dealing with the Delta variant, which has been considerably more deadly than previous iterations of the virus. Delta has caused several shutdowns at semiconductor factories across Asia just as demand for cars and electronics has started to pick up. As a result, these stops along the supply chain are slowing down at the very moment when Americans are demanding that they work in overdrive.
The most dramatic expression of this snarl is the purgatory of loaded cargo containers stacked on ships bobbing off the coast of Los Angeles and Long Beach. Just as a normal traffic jam consists of too many drivers trying to use too few lanes, the traffic jam at California ports has been exacerbated by extravagant consumer demand slamming into a shortage of trucks, truckers, and port workers. Because ships can’t be unloaded, not enough empty containers are in transit to carry all of the stuff that consumers are trying to buy. So the world is getting a lesson in Econ 101: High demand plus limited supply equals prices spiraling to the moon. Before the pandemic, reserving a container that holds roughly 35,000 books cost $2,500. Now it costs $25,000.
The container situation is even weirder than it looks. With demand surging in the United States, shipping a parcel from Shanghai to Los Angeles is currently six times more expensive than shipping one from L.A. to Shanghai. J.P. Morgan’s Michael Cembalest wrote that this has created strong incentives for container owners to ship containers to China—even if they are mostly empty—to expedite the packing and shipping of freights in Shanghai to travel east. But when containers leave Los Angeles and Long Beach empty, American-made goods that were supposed to be sent across the Pacific Ocean end up sitting around in railcars parked at West Coast ports. Since the packed railcars can’t unload their goods, they can’t go back and collect more stuff from filled warehouses in the American interior.
And what about the truckers who are needed to drive materials between warehouses, ports, stores, and houses? They’re dealing with a multidimensional shortage too. Supply-chain woes have backed up orders for parts, such as resin for roof caps and vinyl for seats. But there’s also a crucial lack of people to actually drive the rigs. The Minnesota Trucking Association estimates that the country has a shortage of about 60,000 drivers, due to longtime recruitment issues, early retirements, and COVID-canceled driving-school classes.
In short, supply chains depend on containers, ports, railroads, warehouses, and trucks. Every stage of this international assembly line is breaking down in its own unique way. When the global supply chain works, it’s like a beautifully invisible system of dominoes clicking forward. Today’s omnishambles is a reminder that dominoes can fall backwards too.
However, there are two important words missing from Thompson’s analysis: “vaccine” and “mandate.”
Like other manufacturers, petrochemical companies have been shaken by the pandemic and by how consumers and businesses responded to it. Yet petrochemicals, which are made from oil, have also run into problems all their own, one after another: A freak winter freeze in Texas. A lightning strike in Louisiana. Hurricanes along the Gulf Coast.
All have conspired to disrupt production and raise prices.
“There isn’t one thing wrong,” said Jeremy Pafford, managing editor for the Americas at Independent Commodity Intelligence Services (ICIS), which analyzes energy and chemical markets. “It’s kind of whack-a-mole — something goes wrong, it gets sorted out, then something else happens. And it’s been that way since the pandemic began.’’
The price of polyvinyl chloride or PVC, used for pipes, medical devices, credit cards, vinyl records and more, has rocketed 70%. The price of epoxy resins, used for coatings, adhesives and paints, has soared 170%. Ethylene — arguably the world’s most important chemical, used in everything from food packaging to antifreeze to polyester — has surged 43%, according to ICIS figures.
The root of the problem has become a familiar one in the 18 months since the pandemic ignited a brief but brutal recession: As the economy sank into near-paralysis, petrochemical producers, like manufacturers of all types, slashed production. So they were caught flat-footed when the unexpected happened: The economy swiftly bounced back, and consumers, flush with cash from government relief aid and stockpiles of savings, resumed spending with astonishing speed and vigor.
Suddenly, companies were scrambling to acquire raw materials and parts to meet surging orders. Panic buying worsened the shortages as companies rushed to stock up while they could.
Expecting these problems to be transitory? Dubai’s largest port operator says to expect supply chain problems to extend in 2023.
A global energy crunch caused by weather and a resurgence in demand is getting worse, stirring alarm ahead of the winter, when more energy is needed to light and heat homes. Governments around the world are trying to limit the impact on consumers, but acknowledge they may not be able to prevent bills spiking.
Further complicating the picture is mounting pressure on governments to accelerate the transition to cleaner energy as world leaders prepare for a critical climate summit in November.
Translation: Green energy mandates = blackouts.
In China, rolling blackouts for residents have already begun, while in India power stations are scrambling for coal. Consumer advocates in Europe are calling for a ban on disconnections if customers can’t promptly settle what they owe.
“This price shock is an unexpected crisis at a critical juncture,” EU energy chief Kadri Simson said Wednesday, confirming the bloc will outline its longer-term policy response next week. “The immediate priority should be to mitigate social impacts and protect vulnerable households.”
In Europe, natural gas is now trading at the equivalent of $230 per barrel, in oil terms — up more than 130% since the beginning of September and more than eight times higher than the same point last year, according to data from Independent Commodity Intelligence Services.
In East Asia, the cost of natural gas is up 85% since the start of September, hitting roughly $204 per barrel in oil terms. Prices remain much lower in the United States, a net exporter of natural gas, but still have shot up to their highest levels in 13 years.
Wait, you mean relying on Russian benevolence wasn’t an optimal strategy? Do tell.
There’s also panic buying to secure winter supplies, especially in China, where “the central government there has given state-owned energy companies a directive to secure winter energy supplies at any and all costs.”
Steel, roofing and insulation materials are some of the most difficult products to get right now, said Ken Simonson, chief economist at the Associated General Contractors of America. Bar joists, which are used to frame roofs, can have lead times of anywhere from 10 months to 14 months.
Costs have also soared, with the index for steel mill products rising 123% YoY in August, according to the Bureau of Labor Statistics’ Producer Price Index. Copper and brass mill shapes jumped 45.3% YoY, while plastic construction products saw increases of just under 30% YoY.
A few weeks ago I spoke with several people intimately involved with large companies in my industry and they all agree that we have probably another year of supply chain disruptions and problems. That wasn’t exactly music to my ears as the last year and a half has been an intense marathon trying to keep my buildings full of product that my dealers need. The reasons are everything that you have heard before here and on other media outlets – labor shortages, raw material issues and now, chip problems.
The chip problem could be a really big issue as those chips go into printed circuit boards that control furnaces – and we need furnaces now for Fall.
My one large exception mentioned above is that my inventory levels are absolutely enormous and we are setting new records daily. This is killing my turns and as a result cash, but this is the new model. We simply can’t predict when things will come in so we have to pile in sometimes a full years worth of a widget. We are absolutely bursting at the seams and it is extremely stressful trying to keep everyone happy. We don’t dare cancel any orders as we would go to the back of the line, so it is what it is.
Freight is a major issue right now. We get damage all the time and the LTL lines are all extremely slow and sloppy. Hardly a day goes by where we don’t have a freight problem.
Parts don’t really seem to be an issue. Sure, there are certain things that we have problems with, but in general the parts world is OK so there is that silver lining.
This year, a devastating drought in North American oat fields has resulted in the lowest harvest for the cereal grain in years, pushing prices to record highs, a warning sign that breakfast inflation is imminent.
Scorching heat waves in Candian oat fields slashed production to an 11-year low. Canada, the world’s biggest exporter, ships most of its oats to the US, its largest consumer.
The result so far has been a new record high in oats futures trading on the CME. The sudden spike in prices has yet to ripple through supply chains to affect consumers, though that will be coming.
According to Bloomberg, “the situation for North American farmers was so dire in the summer that many cut their losses and harvested damaged plants to be sold as feed for animals.”
What this means for consumers is that dwindling supplies and record-high prices will soon affect foods like cereals, oatmeal, and granola bars, all popular breakfast items.
Randy Strychar, president of Ag Commodity Research and Oatinformation.com, said Cheerios, the US’ most popular cereal, is made entirely of oats. He said there’s no substitute for the ingredient: “You can’t make a Cheerio out of barley.”
General Mills, the maker of Cheerios and Nature Valley granola bars, nor Quaker Oats Company, the maker of oatmeal, among others, have yet to announce price increase of their oat products, but that could be imminent or at least create an illusion of stable prices through shrinkflation.
Before retailers can make their sales, they need stuff to sell. That’s where the trouble is this year. Container ships are packed, ports are clogged, contracts with carriers are falling to the wayside. And the rush to ship goods for the holidays is only adding traffic to what was already intense congestion.
“There aren’t enough containers. There aren’t enough ships. There aren’t enough trucks or trains. There is more volume now than any part of the supply chain pipe can adequately handle,” Burlington Stores Chief Financial Officer John Crimmins told analysts in late August. Trying to accelerate and pull forward orders “even further increased the pressure on the supply chain, helping to drive even higher rates,” the executive added.
So not only are retailers competing with each other for sales, they are competing just to get cargo space to ship goods into the country. Freight has skyrocketed as a result, and shipments still lag or even fail to materialize. Many of the bottlenecks are tied to the unexpectedly swift surge in consumer demand in the U.S. this year, combined with capacity shortfalls at numerous points along the supply chain.
Soldiers told us there have been cartel gunfights in Ciudad Miguel Aleman, the Mexican city across from Roma, TX, frequently in recent days and weeks. The soldiers heard gunfire and explosions two days ago and showed us this video of smoke billowing after the gunfight. pic.twitter.com/yow1pPvJS8
Indeed, Biden’s poll numbers are so low that even CNN has noticed. “Just 32% of independents approved of how Biden is handling his job while 60% disapprove in a new Quinnipiac University national poll… In 2010, the Republicans picked up 63 seat, with being up 19 points among independents.”
Short-term debt limit extension bill passes. Tastes like chicken…
The reconciliation bill is deeply hostile to marriage. Well, it’s no surprise, since happily married couples with children are increasingly an obstacle to Democratic Party control…
U.S. Attorney General Merrick Garland recently instructed the FBI to begin investigating parents who confront school board administrators over Critical Race Theory indoctrination material. The U.S. Department of Justice issued a memorandum to the FBI instructing them to initiate investigations of any parent attending a local school board meeting who might be viewed as confrontational, intimidating or harassing.
Attorney General Merrick Garland’s daughter is Rebecca Garland. In 2018 Rebecca Garland married Xan Tanner. Mr. Xan Tanner is the current co-founder of a controversial education service company called Panorama Education. Panorama Education is the ‘social learning’ resource material provider to school districts and teachers that teach Critical Race Theory.
So far, all we have is his press conference and other such made-for-media huff-puffing. No such rule even claiming to be legally binding has been issued yet.
That’s why nearly two dozen Republican attorneys general who have publicly voiced their opposition to the clearly unconstitutional and illegal mandate haven’t yet filed suit against it, the Office of the Indiana Attorney General confirmed for me. There is no mandate to haul into court. And that may be part of the plan.
According to several sources, so far it appears no such mandate has been sent to the White House’s Office of Information and Regulatory Affairs yet for approval. The White House, the Occupational Safety and Health Administration (OSHA), and the Department of Labor haven’t released any official guidance for the alleged mandate. There is no executive order. There’s nothing but press statements.
Let the lawsuits against private companies firing people for refusing the vaccine for which no mandate exists begin!
Scientists from Wuhan and the US were planning to create new coronaviruses that did not exist in nature by combining the genetic codes of other viruses, proposals show.
Documents of a grant application submitted to the US Defense Advanced Research Projects Agency (Darpa), leaked last month, reveal that the international team of scientists planned to mix genetic data of closely related strains and grow completely new viruses.
A genetics expert working with the World Health Organisation (WHO), who uncovered the plan after studying the proposals in detail, said that if Sars-CoV-2 had been produced in this way, it would explain why a close match has never been found in nature.
Here’s a novel thought: How about you not do that?
Did I mention that Wuhan scientists also wanted to genetically engineer coronaviruses that were more infectious to humans and release aerosols containing “novel chimeric spike proteins” among cave bats in Yunnan, China? And they also applied DARPA grant! Who the hell was asleep at the grant proposal switch while Chinese biological warfare scientists were going full Frankenstein?
Masks are not mandatory now in classrooms in: UK, Iceland, Denmark, Sweden, Finland, Norway, Switzerland, Austria, Netherlands, Belgium (12 & under), Russia, Poland, Hungary, Bulgaria (up to 5th grade), most of South America, etc. Masking children in the U.S. isn't science.
Facebook’s fake “Whistleblower” Frances Haugen was part of the election meddling team that suppressed the Hunter Biden laptop story. Also: “She’s receiving ‘strategic communication guidance’ from former Obama aide Bill Burton’s public relations firm Bryson Gillette, which is run by Democratic operatives. White House Press Secretary Jen Psaki was a senior adviser there until September 2020.” Basically she’s a pawn to let Facebook suppress even more conservative stories.
WOW! This is the moment Acting Senior Sergeant Krystle Mitchell QUITS Victoria Police.
"I can't remedy in my soul anymore how the organisation I love is being used [to enforce health tyranny]… and the damage it's causing to the community."
“Tesla is moving its headquarters from Palo Alto, California, to Austin, Texas, CEO Elon Musk announced at the company’s shareholder meeting on Thursday.” Given how crappy California’s business climate has become, this was pretty much a forgone conclusion. Come on down, Elon.
Amazon is looking at leaving Seattle. “After years of deteriorating relations with their home city of Seattle and its ultra-progressive city council, Amazon’s CEO [Andy Jassy] made it known that the online giant may look for greener pastures. Citing the city’s hostility toward their presence, Jassy suggested that the suburbs are looking better and better for a new home to its 50,000-employee home base.”
Speaking of Seattle, over 400 police officers may be facing termination over refusal to get vaccinated. Good thing Seattle is a peaceful utopia where there are never any antifa riots…
The China/India border is getting frisky again. “Sources mentioned that patrol parties of both the countries came face-to-face in Arunachal Pradesh, which led to some jostling before they disengaged. The incident took place last week near Yangtse in the Tawang sector.” Arunachal Pradesh is basically the complete opposite end of northern India from where most of last year’s clashes occurred.
Did China lose coal shipments waiting for docks to open up to India? Source is a little “rah-rah India,” so grains of salt are probably in order.
Are you using the wrong plunger? This plumber seems to think that this one is the new hotness for clearing toilets.
India seems to be getting hit particularly badly by the Wuhan coronavirus right now, with over 400,000 new cases in 24 hours. The weird thing about India is that the peak curves differ from those of the U.S. American cases had their first peak mid-July, then fell off before rising again in the fall. India’s peaked in mid-September, fell off, were low all winter, and then started a precipitous rise that’s continued to today.
I don’t know what caused the differing curves, when other nations in the northern hemisphere seemed to experience infection curves mores like the U.S. The summer monsoon season, perhaps?
There’s an Indian coronavirus variant, but it’s unclear how widespread it is or whether it’s driving the surge.
Here’s a thread that suggests India’s pandemic is even worse than those numbers suggest:
During non-pandemic year 2019
About 27,000 Indians died on typical day
Crematoriums handle that level of deaths every day
Additional 4,000 deaths won't knock them off their feet
Crematoriums across the country reporting 2-4X normal business
2/4
— Ashish K. Jha, MD, MPH (@ashishkjha) May 9, 2021
You might say — woah, that's high
In US its about 0.6% and India has a younger population
BUT
Indian healthcare system has collapsed,
People dying for lack of oxygen
So IFR of 1% is reasonable, may even too low
Which would put daily infections at 2.5 to 5M / day
4/5
— Ashish K. Jha, MD, MPH (@ashishkjha) May 9, 2021
There's an old saying in global health
You can ignore, fail to test for, or undercount whatever disease you want
But you can't ignore the dead
In India, the dead are telling us the disease is much worse than the official statistics
And we have to listen
Fin
— Ashish K. Jha, MD, MPH (@ashishkjha) May 9, 2021
Regular readers know that Austin has been climbing out of a once in a century winter storm that froze our roads and wrecked our power grid. Right now it’s still 19°F, but it’s supposed to warm up to a balmy 39°F this afternoon…
Could be worse: ERCOT says that their quick thinking to impose rotating blackouts prevented the physical destruction of the Texas Interconnect Grid. That may even be true, but it’s sort of like a teenager saying “Thanks to my quick thinking, I only managed to burn down the garage and not the entire house!”
Passage of this bill this year would lead to job losses and higher use of labor-reducing equipment and technology,” said Sean Kennedy, executive vice president for public affairs for the National Restaurant Association. “Nearly all restaurant operators say they will increase menu prices. But what is clear is that raising prices for consumers will not be enough for restaurants to absorb higher labor costs.”
But for the fact that he’s president — given his track record of having been wrong on every defense and foreign policy issue for almost five decades — it would be easy to ignore his assessment of China. This is a man who said in 2019, “China is going to eat our lunch? Come on, man.” He added, “I mean, you know, they’re not bad folks, folks. But guess what? They’re not competition for us.” Despite the difficulty of being wrong on both occasions Biden managed it.
Focus for a moment on what he said about the conversation with Xi. It is natural that China would be spending billions on transportation given the size of the country and the billions who inhabit it. Whether it is true that China is spending billions on climate change is another matter. It has, for decades, been spending billions on coal-fired electricity generation plants and has only recently made noises about reducing pollution.
But “climate change” is probably the last priority for China while it is spending far greater sums on its military and cyberwar capabilities. Xi was clearly trying to gull Biden into some sort of race to reduce greenhouse gas emissions so that we could strangle our economy while China doesn’t do the same to its own. China may well be trying to reduce pollution — Beijing is infamous for its barely breathable brown air — but how much it is really doing remains to be seen.
Biden apparently wants to be known as the “climate change president.” If Xi can increase Biden’s desire to make climate change his top priority for legislation and regulation (which seems altogether likely in any event) China will be greatly advantaged by Biden’s concomitant reductions in spending on the U.S. military and intelligence communities.
To say that Biden is soft on China only proves the speaker’s command of the obvious.
What Tenev did not say, or explain, is why his company – which is merely a client-facing front of Citadel, which buys the bulk of Robinhood’s orderflow to use it perfectly legally in any way it sees fit – was so massively undercapitalized that the DTCC required several billion more in collateral to protect Robinhood’s own investors against the company’s predatory ways of seeking to capitalize on the gamification of investing making it nothing more (or less) than a trivial pursuit to millions of GenZ and millennial investors, a point which Michael Burry made so vividly.
The #mainstreetrevolution is a myth. Zero commissions and gamified apps were designed to feed flows to the two most influential WS trading houses. A few HFs got hurt, but if retail is moving toward more trading and away from fundamentals, WS owns that game. #Stonks by design. https://t.co/Y4raF0jiM3
— Cassandra (@michaeljburry) February 9, 2021
Incidentally we know why Tenev did not mention it: it’s because Robinhood’s back office is a shambles of a shoestring operation, one which never anticipated either such a surge in trading not a multi-billion collateral requirement; had Robinhood been a true brokerage instead of pretending to be one, and run merely to open as many retail accounts as it could in the shortest amount of time, thus generating the most profit in the quickest amount of time to allow its sponsors a quick and profitable exit, it would actually have been on top of this.
SpaceX wants to bring fast satellite broadband internet to the world — and in particular, to internet users in far-flung, rural locations, where download speeds are low and prices are high.
One of the first places in America to get SpaceX Starlink service was Alaska, the state with the lowest population density in the country — just one person per square mile. The company next extended service into Canada (population density: three people per square mile), followed last month by service in the UK — a big jump in concentration, with 650 people per square mile. (Even in the UK, there are plenty of isolated locations where internet service is expensive, slow — or both).
SpaceX’s globe-spanning satellite constellation should be capable of providing 100 megabit-per-second internet service to anywhere by the end of this year. You can expect that a lot of countries, no matter how urbanized they are (or not), will be lining up to sign up for Starlink service. And the more countries Starlink signs up as customers, the better the prospects for the SpaceX subsidiary’s promised IPO.
One country that most definitely does not want Starlink, however, is Russia.
Snip.
As Ars points out, “Russia is planning its own satellite Internet constellation, known as ‘Sphere.'” And in contrast to SpaceX’s Starlink, which is a privately funded and privately built communications system, the 600-satellite Sphere constellation will be a project built and run by the Russian state under the aegis of its Roscosmos space agency. And that could be a problem.
Sphere, you see, is rumored to cost $20 billion to build, may not begin launching until 2024, and won’t be completed before 2030.
Those numbers alone tell you Sphere will never be built, Starlink or no Starlink. Russia is a profoundly broke and profoundly broken country. Sphere is just the sort of prestige project Putin loves to announce to much fanfare, national greatness vaporware that either never gets built or else creeps out into the real world years (or even decades) late and in much-reduced form, like only ordering 100 T-14 Armata tanks.
Iranian fuel tanker convoy to Afghanistan goes boom.
The media want you to know that it’s Trump’s fault they couldn’t investigate such trivial scandals as Lincoln Project pedophiles, because how would they have time when Orange Man Bad?
Speaking of the Lincoln Project, founder Rick Wilson managed to pay off his mortgage early just as the John Weaver pedophilia scandal was breaking. How fortuitous!
Back in The Before Time, The Long Long Ago, newspapers actually defended free speech.
Back in 1977, the New York Times maintained that as long as Nazis did not engage in any illegality, they were “entitled” to the protection of the law, and then put the onus of maintaining peace on the Skokie residents:
The argument that they will provoke violence simply by appearing on the streets of Skokie only emphasizes the obligation of the police to keep the peace—and gives an opportunity the people of Skokie to demonstrate their respect for the law.
These days, the Times board will chase you out of the building for allowing anyone to voice an opinion that chafes against the brittle sensitivities of its writers. The paper employs full-time speech monitors to vet wrongthink.
The cancel mob comes for Baen Books. Book editors and writers kindly tell them to get stuffed.
Special for Black History Month:
Here are the names of the 200+ slaves owned by Kamala Harris’ ancestor Hamilton Brown in Jamaica in 1817. One of the largest planters in Jamaica, Brown now has a town named after him, Brown’s Town pic.twitter.com/6QnBpEQyez
Facebook head Mark Zuckerberg told employees they need to “inflict pain” on Apple because Apple won’t let Facebook steal every single bit of personal data from Apple devices.
“Bill Gates Bankrolling Educational Organization That Says Math is Racist.” “A conglomerate of 25 educational organizations called A Pathway to Equitable Math Instruction asserts that asking students to find the correct answer is an ‘inherently racist practice.’ The organization’s website lists the Bill & Melinda Gates Foundation as its only donor.” How many fingers, Winston?
A helicopter running on fossil fuel spraying a chemical made from fossil fuels onto a wind turbine made with fossils fuels during an ice storm is awesome. pic.twitter.com/3HInc2qKb9
“Man Asks That You Respect His Preferred Adjectives.” “‘Here are the adjectives I identify with,’ Becker put on social media. ‘Cool, witty, handsome, innovative, fun.’ Please use one of these adjectives when describing me. It distresses me when people use adjectives I don’t identify as,’ Becker later explained. ‘Like “creepy,” “weird,” or “off-putting.” That’s basically denying my existence and trying to genocide me.'”
