I know that any time I talk about semiconductors, a significant percentage of my readership’s eyes glaze over, but this is Big Freaking News.
Intel shares rose 6% in premarket trading after Reuters reported that Taiwan Semiconductor Manufacturing, or TSMC, had approached US chip designers Nvidia, Advanced Micro Devices, and Broadcom about taking stakes in a joint venture that would operate the struggling chipmaker’s factories.
Four sources told Reuters that the Taiwanese chipmaking giant would run Intel’s foundry division under the new proposal, producing chips tailored to customer requirements but not owning more than 50%. The sources added that Qualcomm has also been approached about the venture.
TSMC is far and away the largest chip foundry (a company that builds chips for other companies, but doesn’t design its own chips) in the world, and the one with a clear technological lead over everyone else. TSMC has the third largest market cap of any semiconductor company.
Broadcom is the second-largest semiconductor company in the world by market cap, and they have their fingers in a lot of different pies: networking, wireless, storage, you name it. They’re generally considered a fabless chip designer, but the company is such a weird amalgamation of other companies (what we call Broadcom used to be Avago until they acquired Broadcom in 2016) that they might still have a lower end fab or two lurking somewhere in the company. They also use TSMC as a foundry, though I’m not sure how extensively. They’ve also recently made a big move into software, acquiring CA Associates and VMWare, among others.
Nvidia is a fabless chip designer (the sort of company that contracts with foundries to fab their chips) that went heavily into high end GPUs (the chips that render video for your PC, in Nvidia’s case geared toward high end games and other highly demanding tasks), then crypto-mining chips, and more recently into chips geared for AI applications, all very lucrative market segments, which has made Nvidia not only first among semiconductor market cap, but among the largest companies by market cap in the world (along with Apple and Microsoft). Nvidia has their chips fabricated by TSMC, as well as some by Samsung and GlobalFoundries, which was spun off from…
Advanced Micro Devices, which used to be an Integrated Device Manufacturer (or IDM, a company designs their own chips and builds them in their own fabs) creating Intel-compatible CPUs, but eventually spun off their fabrication plants as GlobalFoundries because they couldn’t keep up with Intel’s capital spending. AMD also has some of their highest end chips fabricated by TSMC. If AMD were to help take over Intel, it would be an extremely ironic ending to a longtime rivalry.
Qualcomm is a lot like Broadcom: A mostly fabless design house with its fingers in lots of different pies, and they’re about the sixth largest semiconductor company by market cap. Broadcom tried to acquire Qualcomm in 2017-18 and was blocked by the Trump45 administration.
Intel is an IDM, and for decades was the undisputed “chipzilla” of the semiconductor world. Intel’s CPUs were the dominant processor for the vast majority of the last 40 years and a huge ingredient for helping create the PC revolution. Intel used to be the technology process leader as well, but somewhere along the way they screwed up their sub-10nm process nodes, allowing TSMC to take the process technology crown. Indeed, they screwed up so badly that they’ve been forced to have TSMC fab some of its highest end chips. Despite having a vast number of fabs, Intel’s market cap has slipped down to 16th among semiconductor companies.
Back to the piece:
The sources noted that the Trump administration is exploring ways to revive Intel and strengthen US manufacturing under the ‘America First’ agenda. They added that TSMC’s joint venture pitch to chip designers took place before the company, alongside President Trump, announced plans last month to invest $100 billion in semiconductor manufacturing in the US, building on its existing $65 billion investment in its Phoenix, Arizona, factories.
Any deal between TSMC and Intel would be subjected to approval from the Trump administration.
If the Trump Administration’s goal is to increase available sub-10nm wafer starts (and it should be) and maintain American control of Intel’s fabs, then this proposal is a win-win. Intel’s fabs plus TSMC’s tech would create a foundry powerhouse. It wouldn’t happen overnight (nothing in semiconductors happens overnight), but probably in 12-24 months, depending on how quickly the new entity can acquire the necessary pieces of equipment to upgrade Intel’s fabs to thee new tech (I’m guessing that the availability of ASML steppers will, as usual, be the gating factor). And all this without the tens of billions in taxpayer subsidies for the CHIPS Act.
If this goes through, it would have mostly winners, with a few losers:
Winners
Every company that’s part of the deal. TSMC gets to radically expand production capacity without spending $20 billion+ to build a new fab. Nvidia, AMD, Broadcom and Qualcomm gain a lot more capacity for expanding production of their high end chips. Ditto for Apple (who’s not part of the deal, but who is TSMC’s biggest customer and a big demand driver for cutting edge fab capacity) and every other consumer of sub-10nm chips.
AMD additionally gets the egoboo of partially taking over its longtime hated rival and confirming it’s crown as the x86/x64 chip manufacturer of choice. Plus their then-risky decision to spin off GlobalFoundries looks like a genius move in hindsight.
The Trump Administration, which gets to take credit for vastly increasing American Foundry capacity at zero additional taxpayer expense and keeps Intel under American control.
Semiconductor equipment manufacturers like ASML, Applied Materials, LAM Research, Tokyo Electron and KLA (short term). It’s likely most or all of those companies (along with smaller players like Axcelis and Teradyne) will receive a bump in extra sales from leveling up Intel’s fabs to run TSMC’s process.
American chip startups: With so much high end capacity becoming available, existing and potential chip startups are going to look like more attractive investment capital opportunities.
ARM Holdings: ARM doesn’t make chips, they’re an IP design house that licenses their functional chip blocks to other chip designers. Just about every foundry and IDM is a licensee (yes, including Intel and TSMC), so unleashing more chip designs will almost certainly result in more royalties for ARM. (Nvidia tried to buy ARM in 2020, and regulators quashed that idea good and hard.)
Intel investors, who will either get a big lump-sum payment or shares in the new, probably far more profitable company (depending on how the buyout is structured).
Even Intel wins long-term by unleashing existing fab capacity to take on new business not tied to its faltering CPU manufacturing model. And actually, with TSMC’s process, Intel has a chance to recover in the CPU space as well.
Losers
Samsung: Along with TSMC and Intel, Samsung (which has both IDM and foundry components) has some of the best sub-10nm process tech in the world. They gain a whole lot of unleashed competition and stand on the outside looking in.
Intel‘s dreams of reclaiming their spot at the top of the heap, and suffering the indignity of being partially owned by AMD. How the mighty have fallen.
Every Chinese fab, which goes from “very far behind” to “even further behind.”
Semiconductor equipment manufacturers (long term): They better enjoy the out-of-band upgrade money from retrofitting Intel’s fabs, as it will likely mean a significant delay in anyone building a new cutting edge wafer fab for quite a while. And having two of their biggest customers team up is probably going to put them under a lot of downward pricing pressure.
GlobalFoundries (and other trailing edge foundries) might lose some business, but there’s very little overlap between Intel/TSMC cutting edge processes and GlobalFoundries trailing-edge fabs. Ditto UMC.
Are there anti-trust concerns with such a heavy accumulation of cutting edge process technology? Oh yeah. Big time. But almost all of those concerns were already there in some form or another thanks to the interconnected “cooperation” nature of the industry. All those companies going in with TSMC were already getting chips fabbed by TSMC. Samsung could try to claim that the deal would result in TSMC having a de-facto monopoly on sub-10nm foundry business, but it wouldn’t start with one, and that business isn’t the whole of foundry business (though it is the most profitable part), much less semiconductors as a whole.
Given that this would go a long way toward achieving Trump’s goal of increasing cutting edge fab capacity in America, I would imagine that the Trump47 administration could very well be persuaded to let this deal go through.
What a freaking epic (and tiring) week! I waited until Fox and Decision Desk had declared Trump the winner past 1 AM Wednesday morning, and then had to get up a few hours later to get ready to work. So we’ve got more election fallout, Israel bags more terrorist scumbags, Elon Musk and Ron Paul may team up to fight government waste, Texas continues to purge wokeness from public institutions, and a song mystery is solved.
Last time around, Trump squandered his momentum. He passed the tax bill that the establishment GOP wanted, after which they didn’t need anything from him and turned to obstructing him….
Like airplanes on a runway. Trump’s approach this time around should be what he should have done last time: Shock and awe. Shut down departments, fire bureaucrats, exercise emergency powers, all so fast that the establishment’s responses are saturated. Javier Millei’s whirlwind assault in Argentina should be the model, sometimes in specifics but also in general approach. Bureaucrats move slowly; Trump should move fast.
Elon Musk says he can cut $2 trillion easily; do it. Also, set bureaucrats competing with each other for what funds remain. Divide and conquer.
The FBI’s files on its policing of domestic dissent should be opened up, as should the details of the NSA’s illegal domestic spying. Trump should have outsiders investigate possible (likely) prosecutorial misconduct in the January 6 prosecutions – something judges have already raised – and fire those responsible, as well as subjecting them to what other legal consequences may apply. The lesson that the deep state can’t intervene in domestic politics needs to be driven home, and the only way to do that is to ruin a lot of lives on the part of people who deserve to have their lives ruined, from the top of the Justice Department and the intelligence agencies to the bottom. Likewise those involved in social media censorship programs, “Operation Chokepoint” style economic warfare, and the like. Abuse of government power against the citizenry should be treated as a criminal matter, because it is.
Trump should also announce that the federal government is waiving qualified immunity on the part of such officials.
There are lots more ideas – you can submit your own in the comments below, and the much-maligned Project 2025, though not actually a Trump initiative, contains some – and Bloomberg is already warning that if elected Trump will dismantle the White House’s gun control ministry. Oh no!
The specifics aren’t really the point here, though I should probably post another essay just about those. But the point here is rapid action across a wide variety of fronts. Trump should take advantage of the precedents that Biden has set for far-reaching executive action, though you can bet that when he does the press will pretend this is the first time anything like that has ever been done.
The story of how Harris pocketed record sums while failing to gain support from voters will be studied by campaigns for decades to come. Democrats who successfully pressured octogenarian President Joe Biden to pass the torch to the former California senator are now conducting an internal autopsy of the 2024 race, in which Trump raised and spent hundreds of millions of dollars less than Harris.
“A billion dollars paled in comparison to the increased prices Americans were seeing across the country,” Tom Fitton, president of the conservative group Judicial Watch and a longtime Trump ally, told the Washington Examiner. “Voters weren’t fooled.”
The Harris campaign and its affiliated committees dropped more than $654 million on advertising from July 22 to Election Day, whereas Trump spent $378 million, or 57% less, in the same category, according to data from AdImpact.
Future Forward, the $500 million “ad-testing factory” and super PAC that supported Harris, was a reliable clearinghouse for checks from wealthy Democrats such as Reid Hoffman, George Soros, Michael Bloomberg, and Dustin Moskovitz. And anonymous donations, or so-called “dark money,” also benefited Harris at a faster and more substantial clip than Trump thanks to lax federal laws that progressives often criticize but, nonetheless, exploited in 2024.
The Harris campaign declined to comment on its finances. A fuller portrait will be public after the election, as the Federal Election Commission mandates post-general election reports for candidates within 30 days.
In mid-October, the Harris campaign disclosed that it had spent over $880 million this election, almost $526 million greater than the roughly $354 million that the Trump campaign had disclosed spending, according to a Washington Examiner analysis of federal filings. Much of the Harris campaign’s spending was allocated for digital media advertising, polling, and travel from state to state, including to a private jet company called Advanced Aviation.
Payroll and the taxes that accompanied it accounted for $56.6 million of the Harris campaign’s spending. In comparison, the Trump campaign reported spending $9 million on payroll — employing hundreds fewer staff members.
There was also the army of political, digital, and media consultants who were paid over $12.8 million by the Harris campaign, filings show.
One vendor, Village Marketing Agency, received over $3.9 million and reportedly worked to recruit thousands of social media influencers to boost Harris online. Others that scored lucrative consulting gigs from the campaign included the likes of Precision Strategies, a Democratic-aligned marketing agency; Ethos Organizing, founded by former Ohio Democratic Party director Malik Hubbard; and the Biden-allied SKDK communications firm.
Snip.
“Event production” was also a staple spending area of the Harris campaign, which notably hosted a star-studded lineup of musicians from Lady Gaga to Katy Perry for an election eve rally.
The campaign paid more than $15 million, according to federal filings, to companies for such services.
There was $1 million for Oprah Winfrey’s Harpo Productions on Oct. 15 in West Hollywood, California.
Winfrey, a top Harris ally, appeared at a town hall with the vice president in September and was at her final rally in Philadelphia before Election Day.
Viva Creative, a marketing agency that has touted its work with Oprah, comedian Trevor Noah, the Washington Nationals baseball team, and American Express, scooped up $1.8 million from the Harris campaign for event production from September to October. A company called Production Management One in Maryland received $1.7 million, with large payments also going to Vox Productions, Temple University, Wizard Studios North, the Park Hyatt Chicago, and other entities for event production, filings show.
Then there was Majic Productions, a Wisconsin-based company, which has worked the NBA playoffs, the Super Bowl, and at the Bellagio Hotel & Casino in Las Vegas. The Harris campaign paid that company $2.3 million.
A source familiar with the matter told the Washington Examiner that the Harris campaign spent six figures on building a set for Harris’s appearance on the popular Call Her Daddy podcast with host Alex Cooper. The interview came out in October and was reportedly filmed in a hotel room in Washington, D.C.
In the end, San Francisco mayor London Breed’s recent efforts to crack down on homelessness and crime weren’t enough to save her from the wrath of voters frustrated by years of disorder and talk of a “doom loop” in the famously progressive city.
After 14 rounds through the city’s ranked-choice voting process, Breed lost decisively to Daniel Lurie, a more moderate Democrat and a wealthy heir to the Levi Strauss fortune.
Lurie was ahead from the first round, and after 14 rounds led with 56.2 percent of the vote to Breed’s 43.8 percent, according to the San Francisco Department of Elections.
With San Francisco actually restoring sanity, pretty soon Austin will be the only crazy leftwing city left in America…
“UK Conservative Party elects ‘anti-woke’ Kemi Badenoch as new leader. The UK’s Conservatives on Saturday elected Kemi Badenoch as their new leader, replacing Rishi Sunak after the party’s poor performance in July’s general election. Badenoch, a staunch “anti-woke” advocate, faces the challenge of uniting a divided party while redefining its future.”
Israel seems to be on another winning streak. Israeli Commando Raid Captures Hezbollah Naval Commander….The terrorist, identified by Lebanese media as Imad Amhaz, chief of Hezbollah’s naval operations, was picked by Israeli commandos from the town of Batroun, some 100 miles into the terrorist-held hostile territory.”
Today, the Board of Regents of Texas A&M University System pushed back against “shared governance” with woke faculty members. They voted to end 52 low-performing programs, including an LGBTQ minor.
Over the course of many months, State Rep. Brian Harrison (R-Midlothian) repeatedly criticized DEI courses and the LGBTQ studies minor at Texas A&M. In September 2024, a university spokesperson confirmed that they would deactivate 38 certificates and 14 minors, including the Lesbian, Gay, Bisexual, Transgender, and Queer Studies minor.
On November 7, the Board of Regents unanimously approved the deactivation of these programs by voice vote.
The only question is why it took so long to fight back against the woke mind virus…
Want to be infuriated? “A federal disaster relief official ordered workers to bypass the homes of Donald Trump’s supporters as they surveyed damage caused by Hurricane Milton in Florida, according to internal correspondence obtained by The Daily Wire and confirmed by multiple federal employees.”
“The Grift Is Ending: ESG Fund Managers Being Told To “Keep Their Lawyers Very Close.”
Green New Boom: “Lithium-Ion Battery Recycle Plant Explodes in Missouri.”
RIPeanut. “Outrage Ensues After Beloved Rescue Squirrel Seized By NY, Euthanized.”
Speaking of sickening, you might want to skip to the next LinkSwarm entry if you don’t want to hear about horrific child abuse: “Animator Bolhem Bouchiba was sentenced to 25 years in prison for ordering the torture of children on live streams, paying parents to abuse their own kids.” Now he works for Disney.
Remember all that money to was supposed to flow to semiconductor companies that fabbed chips in America thanks to the CHIPS Act? Well Intel has seen exactly jack and squat from it. Intel CEO Pat Gelsinger: “As we said on our [earnings] call, we are disappointed by the time it is taking to get it done: it is well over two years since the CHIPS Act passed and over that period I have invested $30 billion in U.S. manufacturing and we have seen $0 from the CHIPS grants.” What are the odds that the money has actually been raked off into the usual Democratic pockets? (Hat tip: Ace of Spades HQ.)
Followup: “For five years, Mickey Barreto lived in Room 2565 at the storied New Yorker Hotel without paying a dime. But the free ride ended when he was not only evicted, but also charged earlier this year with a criminal scheme to claim ownership of the Midtown Manhattan hotel. Now, two doctors and prosecutors have said that he is not mentally competent to stand trial, and a judge has given him seven days to find inpatient psychiatric care.” (Hat tip: Dwight.) (Previously.)
Kotaku lays off more writers, though ultra-woke leftist Alyssa Mercante evidently left on her own. Evidently they’re down to six fulltime staffers.
Everything you know is wrong. “A new peer-reviewed study led by Sydney-based researchers Stephen Woodcock and Jay Falleti has found that the time it would take for a typing monkey to replicate Shakespeare’s plays, sonnets, and poems would be longer than the lifespan of our universe.”
“Democrats Admit Trump Actually Won In 2020 And Is Now Unable To Serve Third Term.” “We probably should have been more up-front about the fact that we stole the election and Biden was never president, but oh well. Hindsight is 20-20. I guess Kamala wins by default now, right?”
We’re in the last stretch of the 2024 campaign, Joe Rogan did a great interview with J. D. Vance, all sorts of sketchy voting problems surface, IDF dirtnaps another Hamas terrorist scumbbag, Nvidia replaces Intel, and influencers prioritize selfies over survival. It’s the Friday LinkSwarm!
Joe Rogan did a really great interview with J.D. Vance. The Trump interview was good, but Trump did his usual looping and weaving thing. Vance comes across as not only smart and confident, but seems (unlike Kamala Harris) extremely comfortable in his own skin.
A large number of suspicious voter registration applications were dropped off at the county elections office near Monday’s deadline, county officials said. An investigation by the district attorney’s office found incorrect addresses, false identification information, false names and names that did not match Social Security information.
Shenanigans: “Kentucky County Clerk Confirms Voting Booth ‘Glitch’ Shifted Trump Votes To Kamala.”
A victory. “Supreme Court Allows Virginia to Remove Noncitizens from Voter Rolls before Election.”
We’ve passed the peak of woke politics in the U.S., and the Harris for president campaign is the leading indicator.
Of all the things that Kamala Harris wants you to know about her — that she grew up in a middle-class family, that she’s not Joe Biden, that she has a “to-do list” for the American people — perhaps foremost among them is that she’s not woke.
She doesn’t have any rote line asserting this, but achieving distance from the fashionable left-wing politics that defined the Trump years and their immediate aftermath motivates much of what she says and does.
That Harris now feels compelled to disavow so many of the ideas that she once embraced is powerful testament to their political toxicity.
An idea has won or lost in American politics when both parties favor or oppose it, or simply don’t want to fight over it anymore. Ronald Regan’s economics truly prevailed when the Democratic Party, via Bill Clinton in the early 1990s, accepted his basic approach. Gay marriage won politically when Republicans decided to stop talking about the issue.
By this standard, woke attitudes and policies are in marked decline, and Kamala Harris is Exhibit A.
Except for her abortion radicalism, she’s turned her back on much of what she once professed to believe or sympathize with.
Defund the police? Absolutely not.
Abolish ICE? No way.
DEI? Haven’t heard of it.
Medicare for all? That was a long time ago.
The Green New Deal? Let’s not get carried away.
She has backed off her extravagant positions on the trans issue and the border. She now insists that rather than pushing the envelope on either, she simply wants to follow the law. You could be forgiven for thinking the only pronouns she knows are she/her and he/him.
Harris doesn’t bring up identity politics at all. Not only does she not talk about the once-ubiquitous concepts of white privilege or “equity,” she doesn’t even talk about breaking the glass ceiling or the history-making nature of her candidacy. Listening to her campaign, you’d have no idea that the twin -isms, racism and sexism, have been consuming obsessions of the Left for years now.
But if she gets elected, just like Obama, she’ll abandon all of her moderate positions and rush back to her radical roots.
Former President Donald Trump says that if reelected, he’ll create a government efficiency task force — and that Elon Musk has already agreed to lead it. During a speech in New York on Thursday, Trump said the new efficiency commission would conduct a “complete financial and performance audit of the entire federal government” and make recommendations for “drastic reforms.”
I hope Musk gets out a big axe and that the Trump Administration actually balances the budget. (Hat tip: Borepatch.)
The Green New Scam is dying. Color me skeptical as long as there’s graft to rake off…
Who watches the watchmen? “Eagle Pass Detective Sentenced to 10 Years for Hiding Illegal Aliens in Rental Properties. Hazel Eileen Diaz ran stash houses for a human smuggling organization.”
The IDF eliminated Hamas’s National Relations head Izz al-Din Kassab on Friday in Khan Yunis, Gaza, who was also one of the last remaining members of the terrorist organization’s political bureau still inside the Palestinian enclave.
The strike that killed Kassab was completed based on IDF and ISA intelligence. His assistant Ayman Ayesh was also killed in the strike.
He was also responsible for Hamas’s relations and cooperation, whether strategic or military, with other terrorist organizations within the Gaza Strip such as the Palestinian Islamic Jihad.
The rise and fall of China’s “mistress villages.” Bonus: The Hong Kong businessmen who used to keep mistresses in Shinjin are now evidently buying houses for a new generation of them in the Rowland Heights area of Los Angeles…
Rapper and big money Cook County Democratic Party donator Lil Durk, AKA Durk Devontay Banks, has been arrested in a murder-for-hire scheme against a fellow rapper. (Hat tip: Dwight.)
Records show the investment arm of two major Texas universities bought shares in more than 50 Chinese companies.
On September 23, the American Accountability Foundation exposed how the University of Texas/Texas A&M Investment Management Company’s asset managers advanced leftist ideology through their shareholder resolutions.
On October 17, UTIMCO President and CEO Richard Hall told state senators that he was “not happy with those votes” and the firm “would do better.”
However, a deeper dive into the records AAF acquired also revealed concerning investments. According to records, UTIMCO has invested money in Chinese companies.
UTIMCO allocated some of its assets to the following entities: Connor, Clark & Lunn Investment Management, JP Morgan Asset Management, and Acadian Asset Management. The three asset managers participated in shareholder votes in China-based companies, revealing the UTIMCO investments in these businesses.
In October 2023, Connor, Clark & Lunn participated in a shareholder vote for Topsec Technologies Group, a China-based cyber security company. Reuters reported that Topsec provides “network security products, big data products, and cloud services to customers in various industries such as government, finance, operators, energy, health, education, transportation, and manufacturing.”
There were shareholder votes for Huaneng Power International, Inc., a power company that boasts of being “one of the largest listed power producers” in China. Their parent company is China Huaneng Group Co., Ltd., which owns more than 50 percent of HPI shares. According to their website, the company is “a key state-owned company established with the approval of the [China] State Council.”
In December 2023, the management company Connor, Clark & Lunn Investment Management voted 19 times for electing various individuals as directors or supervisors of the Chinese company.
Snip.
AAF records showed other investments into China by UTIMCO fund managers, including BOE Technology Group Co., Ltd., Haier Smart Home Co., Ltd., Opple Lighting Co., Ltd., and LONGi Green Energy Technology Co., Ltd.
A million-dollar cheating ring resulted in at least 210 unqualified teachers, including two sexual predators, receiving teacher certifications. The ring was exposed this week after the Harris County District Attorney’s Office filed charges against five individuals involved.
The alleged ringleader is Vincent Grayson, the head boys basketball coach at Houston’s Booker T. Washington High School.
Also charged are Tywana Gilford Mason, the teacher certification test proctor; Nicholas Newton, an assistant principal who served as the proxy test-taker; Darian Nikole Wilhite, another proctor; and LaShonda Roberts, an assistant principal at Yates High School who helped recruit would-be teachers.
All are charged with two counts of engaging in organized criminal activity.
Allegedly, candidates seeking certification would pay Grayson $2,500. He would then give a 20 percent portion to Gilford Mason, who would then allow Newton to sit for the test under the teacher’s name. The candidates would be given a testing time and location by Gilford Mason, then show up, sign in, and leave. Newton would then arrive and take the test for them.
And now the unqualified teachers who got in on this scheme are out there teaching children…
Sony shuts down studio that released disastrous $400 million woke shooter Concord.
Big news for your portfolio: “Nvidia To Replace Intel In The Dow Jones Industrial Average.” Nvidia has certainly been on a tear as of late, but if Intel hadn’t screwed up their sub 10nm process, this wouldn’t be happening.
It would take a heart of stone not to laugh. “These influencers refused to wear life jackets on a yacht because it would ruin their selfies. They drowned when their boat sank.”
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?”
Real inflation is running about 20%, Kamala parties like it’s 1971, the New York Times is shocked, shocked to discover Hunter Biden asking for state favors for foreign cronies, gold hits new highs, laughing at an old SNL skit is now a thoughtcrime, and an update on Intel’s woes.
The New York Times reports that the federal government is accelerating the naturalization of immigrants in America as part of a process of “reshaping the electorate, merely months before a pivotal election,” according to one observer quoted in the piece.
“The federal government is processing citizenship requests at the fastest clip in a decade, moving rapidly through a backlog that built up during the Trump administration and the coronavirus pandemic,” reports the newspaper.
One Honduran woman marveled at the fact that authorities were able to process and approve her application in as little as six months.
The story highlights how many of these new citizens will immediately become eligible to vote in key battleground states, including Georgia, Arizona, Nevada and Pennsylvania.
The piece includes a very revealing quote from Xiao Wang, chief executive of Boundless, a data analysis company.
“The surge in naturalization efficiency isn’t just about clearing backlogs; it’s potentially reshaping the electorate, merely months before a pivotal election,” said Wang.
“Every citizenship application could be a vote that decides Senate seats or even the presidency,” he added.
In other words, knowing that immigrants are far likelier to vote Democrat, the Biden administration is importing them at breakneck speed in order to tip the scales for Kamala Harris.
3.3 million immigrants have become citizens during Biden’s time in office, with data showing that more will vote Democrat than Republican.
This has partly driven the Trump campaign’s efforts to appeal more to “Jamal” and “Enrique,” and not so much “Karen,” although the strategy has caused division amongst Trump’s base.
The legacy media has consistently denounced the idea of mass migration being a deliberate ploy to increase the voter base for Democrats as part of the “great replacement” conspiracy theory, while simultaneously admitting it’s happening.
Democrats have declared that they have no confidence in the electorate and must create a new one…
Restaurant owner says that the real inflation rate is closer to 20% over six months:
The owner of four restaurants made this video when inflation was at 3.5%. Today, we’re told that inflation is at 2.9%. He looked at the prices of some products and concluded that the government’s inflation numbers don’t make sense. Since February, food prices have increased:
How does Kamala Harris plan to combat inflation? By channeling Richard Nixon from 1971 and imposing wage and price controls.
After the unoriginal Vice President Kamala Harris stole former President Trump’s proposed ‘no tax on tips’ policy, she’s at it again with yet another recycled idea. This time, she’s echoing President Biden’s actions and rhetoric to crack down on sky-high food prices by proposing the first-ever federal ban on “corporate price-gouging in the food and grocery industries”—a move that reeks of socialism.
“There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,” the Harris campaign wrote in a statement, adding, “Americans can see that difference in their grocery bills.”
The Harris campaign said the vice president will unveil the new federal proposed ban on Friday at a campaign rally in the battleground state of North Carolina as part of a broader economic policy platform. The proposal will ensure food companies can’t exploit consumers to increase profits, according to CBS News, citing Harris-Walz campaign officials.
Harris’ policy speech will also call on the Federal Trade Commission and state attorneys to examine corporations violating price-fixing rules. Her remarks are expected to echo Biden’s actions and rhetoric, especially with his war against meat processing companies that he alleges are responsible for higher burger prices at the supermarket.
VP Harris’ campaign argues that lowering Americans’ costs is a function of socialist-style price controls. Yet this is the quickest way to understand that Harris’ economic team has no actual understanding of inflation.
Heritage Foundation’s EJ Antoni explained, “Here’s your “price gouging” narrative: average costs paid by businesses have risen just as much as costs charged to consumers – if businesses are being “greedy,” they’re doing it all wrong…”
Instead of curbing out-of-control government spending, which debt rises $1 trillion every 100 days, and understanding that monetary inflation driven by the Federal Reserve’s money creation is the root cause of inflation, Harris deflects the actual problem: The Fed. She instead goes after big corporations for ‘illegal price gouging.’
Thus unable to understand the disasterous economic policies of the past are doomed to repeat it…
“Conversation Between Musk And Trump Generates Over A Billion Views.” You can see a transcript of the interview here.
In a post last month (“How The Democrats Los Silicon Valley”), I mentioned that top Silicon Valley venture capitalists Marc Andreessen and Ben Horowitz had endorsed Trump.
Ben Horowitz, in particular, seemed like an unusual Trump supporter, coming from a liberal Jewish background. Now it looks like Trump has another, thanks to his X space with Elon Musk last night: Zynga founder Mark Pincus. During the first Trump administration, Pincus opposed Trump’s “Muslim ban”, but after the leftist celebrations following October 7th last year, he seemed to have some second thoughts about that.
Despite corporate media’s unabashed u-turn to support Kamala Harris, her campaign has been busted creating made-up headlines next to the names of real news outlets to trick people into thinking they’ve stumbled upon the real thing, Axios reports.
Upon hearing the news, The Guardian lost their shit, telling Axios: “While we understand why an organization might wish to align itself with the Guardian’s trusted brand, we need to ensure it is being used appropriately and with our permission. We’ll be reaching out to Google for more information about this practice.”
The ads include links to real articles from the outlets, however the headlines and supporting text were altered.
“Democratic California State Lawmaker Switches To Republican Party…State Sen. Marie Alvarado-Gil, who represents the state’s fourth Senate district, said she joined the Senate Republican Caucus and party after deep reflection and to help ‘in their fight to fix California.'”
While Joe Biden was vice president, his son Hunter attempted to obtain State Department assistance in securing a deal for Ukrainian gas company Burisma, of which Hunter was a highly-compensated board member despite having no experience in its industry, the New York Times reported on Tuesday. The revelation of the 2016 episode underscores allegations that Hunter sought to enrich himself by trading on his father’s influence.
The Times report draws on newly-released government records pertaining to Hunter’s pushing of a Burisma deal in Italy. The Biden White House had resisted releasing the files for years, only to relent soon after Biden was pressured into abandoning his reelection bid.
One wonders how long the New York Times would have waited to report this if Biden were still seeking reelection? My guess is never.
Go figure. It’s amazing what some actual reporting — and a withdrawal from a presidential election — can shake loose, no?
Just four short years ago, we were all assured by the Protection Racket Media that the Hunter Biden laptop was Russian disinformation, and that allegations of influence-peddling by the Bidens were just political dirty tricks, right? Right? Wrong. The New York Times’ Ken Vogel reports that Hunter’s efforts to sell influence within the administration were well known during Joe Biden’s term as Vice President. It’s even about Burisma, the company that we were told paid Hunter a lot of money for his energy-industry expertise.
Oh, and the records of it got “withheld” by the Biden administration for “years,” too:
Hunter Biden sought assistance from the U.S. government for a potentially lucrative energy project in Italy while his father was vice president, according to newly released records and interviews.
The records, which the Biden administration had withheld for years, indicate that Hunter Biden wrote at least one letter to the U.S. ambassador to Italy in 2016 seeking assistance for the Ukrainian gas company Burisma, where he was a board member.
Well, we did have records in October 2020. Hunter Biden kept records of these dealings on his laptop, which he abandoned in a repair shop. When the New York Post reported on the contents of the laptop, including a number of emails that made clear he leveraged his fathers office to sell influence at Burisma and elsewhere, the media ignored it — even though one of Hunter’s partners (Tony Bobulinski) publicly authenticated the messages when asked.
Nearly four years later, the NYT gets around to the truth. And if you’re questioning the timing, you have good company, because Vogel appears to be somewhat curious about it as well:
The department’s release of documents to The New York Times came shortly after President Biden dropped out of the presidential race, and as his son prepares to stand trial next month on charges of evading taxes on millions of dollars in income from Burisma and other foreign businesses.
Go figure again! It’s as if the cover-up extended as long as Joe Biden had electoral interests to protect. Now that Biden has pulled out of the race, there’s no need to keep covering up for Biden Inc.
“California Sheriff Blasts Harris For Using His Image In “Misleading” Campaign Ad, Says He Supports Trump.” “In light of a recent political ad put out by Kamala Harris featuring Sheriff [Mike] Boudreaux, as well as other local law enforcement, the Sheriff wants to make it abundantly clear that his image is being used without his permission, and he does NOT endorse Harris for President or any other political office.”
The same Jew-haters who drove Columbia University’s president Minouche Shafik off are now coming for Kamala Harris.
Only a short week ago, Harris was heckled by pro-Palestinian, anti-Israel protesters, like those who has spilled out from college campuses after October 7. Protesters screamed out at her as she stood on stage repeating her stump speech. As they yelled, Harris tried to shame them. “I’m speaking,” she said, hearkening back to her VP debate against Mike Pence in 2020. “I’m speaking” in context means several things, including an attempt to grab control based on her identity factors: black, female. By identitarian logic, the vice president is oppressed, and by the logic of progressive discourse, that means that she gets to speak first, and that what she has to say carries all that much more weight. An event simply in favor of her candidacy was crashed in New York City on Wednesday night where agitators set off smoke bombs and held up signs saying “No Votes for Bombala’s Genocide.” 14 of them were arrested.
The agitators wanted some kind of response, some kind of indication of what Harris’ policy on Israel and Gaza might be if she gets voted into the White House. And they haven’t gotten it. Meanwhile, there are clearly massive anti-Israel events planned for the Democratic National Convention next week. While Kamala is trying to keep the euphoria going, attempting to dance and sing her way into the White House, her base will be out in the street demanding answers. Will she be lenient like Magill? Bend over backwards like Gay? Or call in a bigger force, like Shafik, because she doesn’t know how to handle it on her own?
The far left of Harris’ party hates Israel. They love Palestinians not for their culture or policies–which include anti-LGBTQ and anti-female regulations as in other strict, Muslim countries–but simply because they are “oppressed.” And Harris can’t handle them. Even at her speech, rarefied identity wasn’t enough to keep them in their place. The campus riots will likely start up again. As soon as the college-bound finish their orientations, they’ll be picking up their marching orders and protest signs to join their comrades on the quad.
There is already noise that Harris would like to throw Israel under the bus, to eradicate funding and arms shipments. The same woman that waved the flag of Ukraine in Congress as she promised to send him endless weapons and aid, may think the aid packages and arms sales to Israel go too far. Harris may sympathize with the protesters.
before his honeymoon [in Communist China in 1994], Walz launched a company called Educational Travel Adventures, which specialized in bringing American students to China. An article in the local Chinese media reported that he and his bride brought 50 students from America. The company continued to send students to China until 2003. It is important to note that operating a business in China requires all kinds of permits—both official and unofficial—from Chinese authorities at the local, provincial, and central levels. These permits were typically obtained either by paying bribes or by securing endorsements, whether tacit or open, from government officials.
Professional atheist Richard Dawkins posts that men and women are different and male boxers shouldn’t be competing with female boxers. Result: Facebook nuked his account.
So what do you do when your software problem brings a customers operations down hard? Well, if you’re Crowdstrike and the customer is Delta airlines, then you slam Delta for not recovering fast enough.
Python Development Foundation suspends developer for enjoying old “Jane, you ignorant slut” skit. I can only imagine the snowflake reactions to the Chevy Chase/Richard Pryor word association skit…
Flock of self-driving Waymo cars in San Francisco honk all night in their parking lot. As you might be able to guess, nearby residents are just thrilled at this development…
Speaking of electric cars, there’s concerning over letting them park in parking garages because of the possibility of them catching fire and the difficulty of extinguishing same.
Remember how Intel said the problem with their chips was microcode? Yeah. That may not be the case (or at least not the whole case), and it may actually be a process problem involving oxidation of vias (i.e., the connection between two metal layers).
The assassination attempt against President Donald Trump was less than a week ago and a ton of news has come down the pike since. Biden replacement rumors fly hot and heavy, Trump secures renomination, Windows machines across the globe are down thanks to CrowdStrike, a League of Assholes rises in Africa, Chuy’s gets sold, and we say goodbye to a comedy legend. It’s the Friday LinkSwarm!
The 81-year-old president repeatedly lost his train of thought on the call and was dismissive of the Democrats’ concerns about his 2024 re-election campaign following his train-wreck debate performance last month, Puck reported Wednesday, citing multiple sources…
‘The call was even worse than the debate. He was rambling; he’d start an answer then lose his train of thought, then would just say “whatever.” He really couldn’t complete an answer. I lost a ton of respect for him,’ one person on the call said.
‘The president was rambling, dismissive of concerns, unable or unprepared to present a campaign strategy,’ added a second source, who is a member of Congress.
Joe Biden’s escalating dementia and the long media-political conspiracy to hide his senility from the public are the least of the Democrats’ current problems.
Biden’s track record as president may be more concerning than his cognitive decline. He has literally destroyed the U.S. border, deliberately allowing the entry of more than 10 million illegal aliens. His callous handlers’ agenda was to import abjectly poor constituencies in need of vast government services without regard for the current struggles of a battered American middle class and poor.
The widespread poverty of a vast new cohort of illegal immigrants could serve as indictments of a “racist,” “unequal,” and “unfair” America—as if the residents of East Palestine, Ohio or inner-city Chicago had anything to do with the centuries-long corruption and oppression of Mexico and Latin America that daily drives thousands of their own poorest citizens northwards to a society founded on very different ideas than those of their homelands.
Note that the left, neither in Mexico nor in America, never asks why millions of these impoverished people prefer to break into a supposedly racist America. Much less do they even distinguish those principles and values that once made America prosperous, free, and secure from their antitheses that have sadly made much of Latin America mostly poor, without freedom, and insecure.
Biden inherited near-zero real interest rates and inflation at 1.4 percent. Almost immediately, in nihilistic fashion, Biden did to a sound economy what he had done to a secure border. So, he recklessly printed money at a time of spiraling, quarantine-ending demand and supply chain disruption. Middle-class wages never caught up with Biden’s inflation, as prices for key staples are nearly 30 percent higher than when he took office.
The cost of servicing the ballooning national debt at high interest is now nearly $1 trillion per year. The world abroad is aflame, lit by Biden’s inexplicable withdrawal from Kabul, his mixed signals to Vladimir Putin on the eve of his invasion of Ukraine, his deliberate alienation of Israel, his appeasement of Iran and China, and his cuts in the defense budget, coupled with his woke war on mythical “racists” in the military.
Energy prices soared, even as Biden’s green agenda proved unworkable and prompted draining the strategic petroleum reserve and begging foreign oil despots before key elections. The “unifier” Biden by design needlessly alienated nearly half the country, and in his debate, he reiterated why Trump supporters do not deserve his concern. And more ominously and recently, Biden grossly told hundreds of his donors that “it’s time to put Trump in a bullseye”—just days before the attempt on Trump’s life.
The greatest absurdity of the Biden White House is the gaslighting talk of Biden’s “achievements.” Biden’s actions over the last four years are not offsets for his senility that warrant his continuance in office, but again, sadly, they serve as force multipliers, furthering claims of his dementia and for his removal.
I’ve been saying for a month or so now that I’m really impressed with the way that Trump has been conducting himself in this campaign. Yes, I was a fan before, but he’s really been hitting all the right notes this year, especially given the pressure of the the Democrats’ un-American lawfare assault on him.
The Donald J. Trump who took the stage in Milwaukee last night was a reflective, determined elder statesman and it was glorious. This is what my ultra mega super MAGA friend Kevin wrote about it:
Trump took to the stage with a bandage covering the wound left by the would-be assassin’s bullet. He kicked off his mesmerizing speech by thanking the GOP for the nomination and promising to stand for all Americans, stating: “We rise together or we fall apart.”
Trump’s speech was unlike any of his others. It lacked the bombast and sarcasm of earlier speeches, which I find entertaining. Instead, it focused on unity.
Trump’s sotto voce, conversational tone was perfect, and a counter to the angry maniac that the commies in the mainstream media like to portray him as. He was the adult in the room at a time when the Republic desperately needs that. His recounting of the assassination attempt provided yet another deeply emotional moment at this convention.
I’ve only briefly glimpsed some of the MSM hacks’ response to the speech, and it’s mostly been awful and not reality-based. They’re desperate and losing and their opinion doesn’t matter.
The man who accepted the Republican nomination last night is the man who this country needs to right the wrongs of the Biden administration’s wrecking ball reign of error.
Borepatch sees a preference cascade for Trump that may have the effect of minimizing cheating. “It’s one thing to stuff ballot boxes when you think that everyone on your side is on board and your guy is going to win – and any potential investigation will be done in the most slipshod manner. It’s quite a different thing when you wonder just how many of the guys on your side are actually going to go through with this, and if the other guy wins will you be facing 20 years in Club Fed.”
New York jury convicted Senator Bob Menendez (D., N.J.) on 16 felony charges on Tuesday, including obstruction of justice, acting as a foreign agent, bribery, extortion and honest services wire fraud.
Over the course of a two-month trial, prosecutors accused the three-term senator and his wife, Nadine Arslanian Menendez, of accepting bribes — including hundreds of thousands of dollars, gold bars, and a Mercedes-Benz convertible — from three New Jersey businessmen in exchange for help with a number of legal issues. Menendez was also accused of accepting bribes to work as a foreign agent on behalf of Qatar and Egypt while he served as chairman of the Senate Foreign Relations Committee.
Shortly after the verdict was handed down on Tuesday, Senate Majority Leader Chuck Schumer (D., N.Y.) urged Menendez to “do what is right for his constituents, the Senate, and our country, and resign.”
You know it’s been a pretty news-packed week when the conviction of a Democratic senator on bribery charges is this far down the LinkSwarm…
Kamala Harris has the same approval rating among Black women as President Biden, according to a new poll, which must come as a blow to the Vice President as Biden’s electoral fortunes falter.
And it comes as a surprise, as Black women have been pivotal for securing Harris her spot on the ticket.
The poll, conducted by Split Ticket between July 12 and 14, asked Black voters in battleground states of Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin about their opinions on Harris, as well as Biden and Donald Trump.
According to the poll, if the 2024 election was a toss up between Joe Biden and Donald Trump, 76 percent of Black voters would vote for Biden, compared to 17 percent for Trump. The gender split was 72 per cent of male voters and 79 percent of females backing Biden.
In contrast, 12 percent of Black women and 23 percent of Black men said they would vote Trump.
But if the election were a toss up between Kamala Harris and Donald Trump, the results were virtually the same, with an equal proportion of voters opting for Harris over Trump, and a split of 79 percent of Black women and 73 percent of Black men preferring the Vice President.
You know who else doesn’t want to vote for Democrats any more? Young male voters.
A years-long collapse in support for Democrats among young Gen Z “Zoomer” males accelerated to a dizzying speed during the Presidentish Joe Biden administration — and that’s before Donald Trump’s display of sheer damn manliness in the moments after Saturday’s assassination attempt.
The collapse began in 2016, the same year Donald Trump was elected to his first term in office — and, looking back, it seems almost inevitable. That was the year the American Left went from merely unhinged to flying off the rails like Doc Brown and Clara Clayton at the very end of “Back to the Future Part III.”
Daniel Cox — aka The Liberal Patriot — wrote Monday, “A mounting number of polls suggest that young voters are shedding their Democratic attachments” and that “the way young people relate to the two major political parties is undergoing a momentous change.”
A recent Pew study found that “young Americans are evenly divided between the parties: 47 percent lean towards or identify as Republicans and 46 percent identify as Democrats.”
Look at these other numbers from Gallup. They’re unsustainable for the so-called Party of Youth.
Democratic support among young men (18-29) collapsing
Federal appeals court blocks all of Biden student debt relief plan. “The St. Louis-based 8th U.S. Circuit Court of Appeals granted a request, by seven Republican-led states to put on hold parts of the U.S. Department of Education’s debt relief plan that had not already been blocked by a lower-court judge.” Good. I don’t see how the Constitution allows the President to simply declare billions of dollars of subsidies to favored classes of individuals absent congressional approval. (Hat tip: Ace of Spades HQ.)
Remember CrowdStrike, the company that helped wipe Hillary’s equipment? An update to their security product Falcon is blue-screening Windows machines across the world today. “The U.S. Emergency Alerts System said 911 lines in multiple states were down.”
Biden can’t remember the name of his own Secretary of Defense Lloyd Austin and calls him “The Black Man.” We all know this would be career-ending for a Republican, yet it’s just another expected “senior moment” for Slow Joe…
Here’s some news I missed a while back: China expelled a bunch of defense chiefs from the Communist Party in a “corruption crackdown.” “The moves against Li Shangfu and his predecessor, Wei Fenghe, follow a series of shake-ups at the top of the world’s largest military — Li was ousted from the role last year after disappearing without explanation.” Actual corruption, or simply suspicion of disloyalty to Xi?
Barry Diller has lost $9 million propping up The Daily Beast. I know a lot of political publications lose money, but I’m pretty sure you could prop up a leftist website for less than 1/10th that…
Welcome to Africa’s League of Assholes. “The military regimes of Niger, Mali and Burkina Faso marked their divorce from the rest of West Africa Saturday as they signed a treaty setting up a confederation between them….All three have expelled anti-jihadi French troops and turned instead toward what they call their ‘sincere partners’ — Russia, Turkey and Iran.” More.
“Newly selected Austin City Manager T.C. Broadnax has presented his proposed budget for Fiscal Year 2025 that totals $5.9 billion — a record for the city.” You can look at the entire 1,162 page document here. Of course there’s plenty of line items for “equity” and “homeless.” That’s where some of the graft is…
Terry and her husband Max Boot, a Washington Post national security columnist, put up their tony Upper West Side apartment as collateral for her $500,000 personal recognizance bond as a condition of her release before trial.
The six-room, $1.8 million turn-of-the-century home features lavish wood paneling, built-in bookcase, stained glass windows and airy 10-foot ceilings, according to its StreetEasy listing.
The taste for such luxury is what allegedly drove Terry — a native of Seoul who formerly worked as a CIA analyst before becoming a prominent policy expert linked to several think tanks — to disclose US secret to South Korean spies, Manhattan federal prosecutors said.
Terry traded her access to information from top US officials, including US Secretary of State Anthony Blinken, in exchange for luxury goodies such as a $3,450 Louis Vuitton handbag and a $2,845 Dolce & Gabbana coat, prosecutors said.
“Democratic Socialists Of America Withdraws Endorsement Of AOC.” Because she’s just not anti-Israel enough. Which has jack all to do with democracy or socialism. This is just another sign that victimhood identity politics has eaten the far left whole.
The US Army is seeking a wheeled, self-propelled 155mm cannon-based air defense system capable of firing cheaper hypervelocity rounds.
A cost-effective alternative to current capabilities based on surface-to-air missiles is being sought, particularly in expeditionary scenarios against the rising threat of cruise missiles.
Projectiles fired by the Multi-Domain Artillery Cannon (MDAC) will be guided by offboard sensors, eliminating the cost of onboard sensors in current rounds.
“Current air and missile defense munitions require onboard guidance and targeting components that drive high munition procurement costs,” a service request for information explains.
“In contrast, the MDAC seeks to significantly reduce munition costs and enhance expeditionary utility by developing a 155mm artillery cannon-based air defense system capable of firing Hypervelocity projectiles, integrated into a wheeled platform.”
Additionally, the system will be linked with an external Command and Control Battle Manager and the Integrated Air and Missile Defense Battle Command System.
A prototype contract award is expected in the third quarter of 2025, with deliveries by the last quarter of fiscal 2027 and demonstration in fiscal 2028.
This is another case of “everything old is new again,” as Germany’s 88mm and 128mm flak cannons were generally considered very effective anti-aircraft weapons in World War II, and I bet 155mm is more than capable of putting a hurt on drones.
Ukrainian sniper takes record for world’s longest sniper shot, using a 12.7x114mm cartridge at 4,155 yards. (Hat tip: Reader John Zoch.)
Local TexMex chain Chuy’s is being bought by Darden Restaurants for $605 million. I didn’t know they actually had more than 100 locations. The food is good, but here in Austin they’ve been in the “no one goes there anymore, they’re too crowded” category for a while. (Hat tip: Dwight.)
Generation Kill author Evan Wright RIP. That was a very solid book following a Marine recon unit into Iraq in 2003, and is well worth reading if you haven’t already.
Comedy legend Bob Newhart, RIP. I’m sure everyone and their dog will be posting the justly famous Newhart finale, but we’re going to kick it old school with a selection from his comedy albums.
Brits visit an HEB+. They’re astounded at the size and blown away by Blue Bell. They’re also amazed that a plain, fresh-baked tortilla can taste so good…
Numerous commentators—especially those defending President Biden’s economic record—have puzzled over why Americans are sour about the state of the U.S. economy. Unemployment rates have returned to pre-pandemic lows, commentators correctly point out, and the official rate of inflation is declining. So why are Americans ignoring the view of many experts that the economy is doing well?
According to a striking new paper by a group of economists from Harvard and the International Monetary Fund, headlined by former Treasury Secretary Larry Summers, the answer is that Americans have figured out something that the experts have ignored: that rising interest rates are as much a part of inflation as the rising price of ordinary goods. “Concerns over borrowing costs, which have historically tracked the cost of money, are at their highest levels” since the early 1980s, they write. “Alternative measures of inflation that include borrowing costs” account for most of the gap between the experts’ rosy pictures and Americans’ skeptical assessment.
“Backlash Is Real‘: DEI Exodus Gains Steam Across Corporate America.”
The unraveling of “diversity, equity, and inclusion” initiatives was seen on the state level, as Red states rushed to ban DEI programs in 2023. Google, Facebook, and other tech companies slashed DEI staff by late last year. Early this year, universities began rolling back diversity programs, while Harvard President Claudine Gay was demoted.
DEI was doomed to fail, and corporations have been quickly scrambling to abandon mindless and profitless diversity programs with Marxist roots. The latest earnings call data shows that “DEI” mentions have collapsed from their peak in 2021, according to Axios, citing data from AlphaSense.
In January, Johnny Taylor, president of the Society for Human Resource Management, told Axios that corporate executives are fed up with DEI.
“The backlash is real. And I mean, in ways that I’ve actually never seen it before,” Taylor said, adding, “CEOs are literally putting the brakes on this DE&I work that was running strong” since George Floyd’s murder in early 2020.
Kevin Clayton, senior vice president and head of social impact and equity for the Cleveland Cavaliers, said the chief diversity officer role was all the rage across corporate America after Floyd’s murder. He said companies filled these positions “out of gilt,” and hiring wasn’t the best.
Axios noted, “Some businesses are cutting back funding, trimming DEI staff — and even considering pulling back on things like employee resource groups comprised of workers of various races, ethnicities or interests.”
The pushback on DEI is finding momentum across corporations and universities. Subha Barry, former head of diversity at Merrill Lynch, told Bloomberg last month: “We’re past the peak.”
Let’s hope so.
No one at the wheel: “Biden Reportedly Has No Idea He Issued ‘Trans Day Of Visibility’ Proclamation.”
Gen Z hates the lousy Biden economy and favors Trump over Biden. Though a word to those Gen Z sorts who complain about a 9-5 schedule being “unnatural”: A “natural” schedule is performing backbreaking hunter/gatherer or subsistence agriculture work from dawn to dusk 6-7 days a week and dropping dead before you turn 40…
Ukrainian drones hit a Russia drone production facility at Yelabuga, Tatarstan, which is almost 1,000 miles inside Russia, using a drone that looks a whole lot like a light aircraft.
Ukraine hits another Russian airbase with over 40 drones, and presumably took out even more Su-34s.
Whoops, make that three Russian airbases hit. including reports of three Tupolev Tu-95 “Bear” bombers damaged. (Yes, Russia still has a propeller-driven bomber in service. It can carry nuclear weapons and launch cruise missiles.)
Gun crimes evidently mean being released without bail if the perp is an illegal alien.
“Cost estimates more than double to replace failing Austin arts center building.” Note the “Extended community engagement: $1 million” which is code for “Payoffs to leftwing activists.” (Hat tip: Dwight.)
“Paxton Seeks to Investigate Boeing Parts Supplier, DEI Initiatives. Attorney General Ken Paxton is seeking to investigate Spirit AeroSystsems after public outrage involving Boeing’s aircraft manufacturing issues.”
Boeing stated in 2022 that “for the first time in our company’s history, we tied incentive compensation to inclusion.”
Boeing’s 2023 Global Equity, Diversity, and Inclusion report explains that “diversity must be at the table for every important decision our company makes – every challenge we face, every innovation we design. Equity, diversity and inclusion are core values because they make Boeing — and each of us individually — better.”
According to the report, racial and ethnic minorities now hold 41.4 percent of jobs in the U.S. Boeing Commercial Airplanes Unit, and 28.3 percent in the U.S. Boeing Defense, Space, and Security. In 2022, U.S. racial and ethnic minorities made up 47.5 percent of new hires at Boeing.
You know what I want at the table for every important Boeing decision? Planes not falling out of the sky.
Intel lost $7 billion last year. Intel has a technology roadmap to get its process tech back on track, but failure to execute on previous nodes is what got them into this mess.
In addition to having fingers in the pie in Syria and Yemen in addition to their proxy war with Israel, Iran also has to deal with Sunni Baluch separatist organization Jaish al-Adl (“Army of Justice”) on their own territory, where they killed at least 11 Iranian security force members.
“Belew, Vai, Levin and Carey Play 80’s King Crimson.” Sign me up. Edited to Add: Crap, tickets went on sale for the Austin show in September TODAY. I was just barely able to snag two tickets in nosebleed…
DEI — the identity-obsessed dogma that goes by “diversity, equity, and inclusion” — has now trained Google’s new AI to refuse to draw white people. What’s even more alarming is that it’s also infected the supply chain that makes the chips powering everything from AI to missiles, endangering national security.
The Biden administration recently promised it will finally loosen the purse strings on $39 billion of CHIPS Act grants to encourage semiconductor fabrication in the U.S. But less than a week later, Intel announced that it’s putting the brakes on its Columbus factory. The Taiwan Semiconductor Manufacturing Company (TSMC) has pushed back production at its second Arizona foundry. The remaining major chipmaker, Samsung, just delayed its first Texas fab.
This is not the way companies typically respond to multi-billion-dollar subsidies. So what explains chipmakers’ apparent ingratitude? In large part, frustration with DEI requirements embedded in the CHIPS Act.
Commentators have noted that CHIPS and Science Act money has been sluggish. What they haven’t noticed is that it’s because the CHIPS Act is so loaded with DEI pork that it can’t move.
The law contains 19 sections aimed at helping minority groups, including one creating a Chief Diversity Officer at the National Science Foundation, and several prioritizing scientific cooperation with what it calls “minority-serving institutions.” A section called “Opportunity and Inclusion” instructs the Department of Commerce to work with minority-owned businesses and make sure chipmakers “increase the participation of economically disadvantaged individuals in the semiconductor workforce.”
The department interprets that as license to diversify. Its factsheet asserts that diversity is “critical to strengthening the U.S. semiconductor ecosystem,” adding, “Critically, this must include significant investments to create opportunities for Americans from historically underserved communities.”
The department does not call speed critical, even though the impetus for the CHIPS Act is that 90 percent of the world’s advanced microchips are made in Taiwan, which China is preparing to annex by 2027, maybe even 2025.
Handouts abound. There’s plenty for the left—requirements that chipmakers submit detailed plans to educate, employ, and train lots of women and people of color, as well as “justice-involved individuals,” more commonly known as ex-cons. There’s plenty for the right—veterans and members of rural communities find their way into the typical DEI definition of minorities. There’s even plenty for the planet: Arizona Democrats just bragged they’ve won $15 million in CHIPS funding for an ASU project fighting climate change.
That project is going better for Arizona than the actual chips part of the CHIPS Act. Because equity is so critical, the makers of humanity’s most complex technology must rely on local labor and apprentices from all those underrepresented groups, as TSMC discovered to its dismay.
Tired of delays at its first fab, the company flew in 500 employees from Taiwan. This angered local workers, since the implication was that they weren’t skilled enough. With CHIPS grants at risk, TSMC caved in December, agreeing to rely on those workers and invest more in training them. A month later, it postponed its second Arizona fab.
Now TSMC has revealed plans to build a second fab in Japan. Its first, which broke ground in 2021, is about to begin production. TSMC has learned that when the Japanese promise money, they actually give it, and they allow it to use competent workers. TSMC is also sampling Germany’s chip subsidies, as is Intel.
Intel is also building fabs in Poland and Israel, which means it would rather risk Russian aggression and Hamas rockets over dealing with America’s DEI regime. Samsung is pivoting toward making its South Korean homeland the semiconductor superpower after Taiwan falls.
To be fair, Intel has had fabs in Israel since since 1996, and Tower Semiconductor has had fabs in Israel since the 1980s. Poland, to the best of my knowledge, has never had a fab.
In short, the world’s best chipmakers are tired of being pawns in the CHIPS Act’s political games. They’ve quietly given up on America. Intel must know the coming grants are election-year stunts — mere statements of intent that will not be followed up. Even after due diligence and final agreements, the funds will only be released in dribs and drabs as recipients prove they’re jumping through the appropriate hoops.
So in the name of embedding the racist poison of social justice, the CHIPS Act, ostensibly designed to increase America’s share of cutting-edge semiconductor manufacturing, is actually driving new fab construction out of America.
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.
The talks between the US, Japan, and the Netherlands over wider bans on exports of semiconductor technology to China have reportedly seen the three agree to concerted action.
As The Register has often chronicled, the US has restricted exports of critical chipmaking and silicon technologies to China, hoping to prevent its economic and strategic rival from developing military technologies – and to protest human rights abuses.
While the Home of the Brave has spawned many of Earth’s most significant chipmakers and designers – Intel, AMD, Qualcomm and many others have headquarters stateside – other nations also export semiconductor tech to China. The Land of the Free would rather put a stop to that if possible.
The Biden Administration also recognizes that its bans could be seen as creating an opportunity for other nations to cash in on the absence of US vendors in the Chinese market. The three-nation talks therefore have the extra dimension of making sure America’s policies have their desired effect against China and don’t harm the home team.
Those twin desires saw Japan and the Netherlands in talks with the US last week, and according to numerous reports the meetings produced a unified approach to restrict semiconductor exports to China.
Without equipment from the US, Japan and The Netherlands, you can’t equip and run a modern semiconductor fabrication plant.
Peter Zeihan (him again), who has evidently lost a bet requiring him to dress as Gimli, discusses the ramifications.
This is one case where Zeihan gets the generalities right, but is wrong on some specifics.
Right: The idea that China can just forge a complete “alternative” semiconductor supply chain out of thin air to replace western alternatives is indeed “hideously wrong.” “The nature of the semiconductor industry is more of an ecosystem. There are there’s very few places that without, significant industrial build out, could even pretend to do more than two or three steps of it, much less than a dozen or so steps that are necessary.”
However, in conflating semiconductor manufacturing and semiconductor equipment manufacturing (possibly to avoid contracting hypothermia) he’s muddied things up a bit. There are five essential semiconductor equipment manufacturers:
Applied Materials (USA)
ASML (The Netherlands)
KLA (USA)
LAM Research (USA)
Tokyo Electron (Japan)
If you’re building a modern, sub-10nm fab, chances are pretty good you need all five. You have to have an ASML EUV stepper, or else you have to go with trailing-edge machines from Canon and Nikon and deal with the computational pain and complexity of self-aligned quadruple patterning. You need KLA inspection tools to raise and maintain yields, and you need, at the very least, one of AMAT, LAM or TEL to provide the rest. Take away all three and you can’t equip a fab, period.
“We now have an agreement, and very soon the Dutch will formally be joining the sanction system against the Chinese.”
“The best [chips], these are 10 nanometer and smaller. This is typically what’s in your cell phone or in your high-end computers and servers those about 80% percent of them are actually fabricated in Taiwan, with another 20% in South Korea.” No. Although TSMC and Samsung are indeed leaders in this space, Intel has had 10nm processes running in their advanced fabs is Hillsboro and Chandler for a while, even though they’ve suffered yield problems.
His assertion that only China does legacy 90nm and above processes is false, as a look at this list of wafer fabs will attest, as there are a lot of companies (TI, TowerJazz, Oki, Mitsubishi, etc.) still profitably running older nodes, though many are comparatively funky technologies like BiCMOS, Analog, GaAs, etc.
Some quibbles about the details, but he gets the big picture right.
As for his suggestion that companies stick to over 10nm nodes, well, I don’t think much of it. Those that can do >10nm nodes will and push the technology forward, and those that can’t afford to won’t…
(@ImMeme0) 
2016: 51% young men ID Democrat
