Posts Tagged ‘Sheldon Adelson’

LinkSwarm for December 11, 2020

Friday, December 11th, 2020

Greetings, and welcome to another Friday LinkSwarm! Democrats dance to China’s tune, the media suddenly discover that Hunter Biden is covered in a thick coat of industrial-grade sleaze, California continues to destroy its economy, and Elon Musk moves to Texas.

  • Kurt Schlichter: The Democrats are literally in bed with the Chinese.

    The most shocking thing about the recent news story that flatulent Russiagate hoaxer and American-nuking enthusiast Rep. Eric Swalwell was caught intertwined with a Chinese honey pot is…well, actually nothing about it is shocking. This is totally on-brand for the Dems and especially this particular clown. It’s not clear how far he got with this Democrat-diddling doxie, but the best case for Swalwell is that he was a fool who couldn’t see how unlikely it was for a DC 8 (and real world 5) to want anything to do with him other than as a mark. The worst case is that he eagerly betrayed his country for a roll in the rice with this Beijing bimbo.

    Either way, he’s a disgrace.

    But this singularly unaccomplished punch-line, this aspiring Beto without the hype or substance (Swalwell’s status as a furry is unknown, but I have my suspicions), is all too representative of his garbage party. The fact is that Red China is delighted by the opportunity to get back to business as usual with a Democrat administration – and in the case of a potential President Biden*, that’s literally business as usual. The garbage media didn’t think his crack-huffing, loser spawn being owned by Chinese intel –you think they don’t have tape of him living out his X-rated video of David Bowie’s 80s hit?– was significant enough to tell us about. But then, like the rest of the establishment, the media’s corporate owners are all wrapped up with the Chi-Coms. When’s the last time you saw Hollywood take a stand against the Chinese commies? That would be about the last time you saw Richard Gere on the big screen, since his career died when he did a movie pointing out their oppression of Tibet. Go look on Netflix or wherever – there’s plenty of stupid woke trash about how America sucks, but nobody talks about the big Red Panda in the room. The corporations know who their real boss is.

    And, as Tucker pointed out in a great monologue, the Establishment is all-in on catering to the commies. It is bought and paid for, owned and happy, and dedicated to selling you out. And a President Biden*, in the event he is inaugurated, will happily continue the fire sale of American physical, intellectual, and moral assets to the reds.

  • “If Voters Had Known About 8 Stories Media Ignored, Trump Would Have Won.” Well, that’s why they ignored them…
  • Speaking of which, our media elites have suddenly discovered that the Hunter Biden corruption story was true. Of course they knew it was true all along, they just suppressed it until they could drag Joe Biden’s ambulatory corpse over the finish line. (And if you somehow missed the Hunter Biden story, here’s the archive.)
  • More on the same theme.
  • Illegal alien charged in Houston human trafficking case.
  • Lockdowns don’t work:

  • More on that subject:

  • Judge rules Los Angeles County acted arbitrarily with an outdoor dining ban. “By failing to weigh the benefits of an outdoor dining restriction against its costs, the county acted arbitrarily and its decision lacks a rational relationship to a legitimate end,” Superior Court Judge James Chalfant wrote in a tentative ruling.”
  • San Francisco residents really hate that golden goose:

    When Chirag Bhakta saw a headline recently that said tech workers were fleeing San Francisco, he had a quick reaction: “Good riddance.”

    Bhakta, a San Francisco native and tenant organizer for affordable housing nonprofit Mission Housing, is well-versed in the seismic impact that the growth of the tech industry has had on the city. As software companies expanded over the past decade, they drew thousands of well-off newcomers who bid up rents and remade the city’s economy and culture.

    He said the sudden departure of many tech workers and executives — often to less expensive, rural areas where they can telecommute during the coronavirus pandemic — reveals that their relationship with San Francisco was “transactional” all along.

    “They used their capital to radically shift the makeup of poor, working-class communities,” Bhakta said. “We’re left with ‘for sale’ signs and price points that are still out of reach for most people.”

    Many urban centers have seen residents move out in large numbers since the start of stay-at-home orders in March, but the shift has been especially dramatic for San Francisco, a city that was already experiencing rapid change because of the tech industry.

    Software engineers, CEOs and venture capitalists have chosen to jump from the Bay Area to places such as Denver, Miami and Austin, Texas, citing housing costs, California’s relatively high income tax and the Bay Area’s general resistance to rapid growth and change.

  • Tesla CEO Elon Musk has moved to Texas. “‘It’s worth noting that Tesla is the last car company still manufacturing cars in California,’ Musk said. ‘There used to be over a dozen car plants in California, and California used to be the center of aerospace manufacturing. My companies are the last two left.'”
  • “Immediately After Moving To Texas, Elon Musk Announces Tesla AR-15.

    The new firearm will look similar to a standard AR-15 but will in fact be a battery-powered railgun capable of firing 3 million rounds per minute. It will also feature a fingerprint sensor, Bluetooth capability, heat-seeking ammunition, and a chainsaw bayonet, to name a few.

    At 3 million rounds a minute, trips to the shooting range would get very expensive…

  • Black Republican congressmen elect Burgess Owens of Utah and Byron Donalds of Florida look to oppose socialism. (Hat tip: Stephen Green at Instapundit.)
  • 21st century money laundering:

    Virtually unheard of a decade ago, these Chinese players are moving vast sums quickly and quietly, authorities said. Their expertise: routing cartel drug profits from the United States to China then on to Mexico with a few clicks of a burner phone and Chinese banking apps – and without the bulky cash ever crossing borders. The launderers pay small Chinese-owned businesses in the United States and Mexico to help them move the funds. Most contact with the banking system happens in China, a veritable black hole for U.S. and Mexican authorities.

    (Hat tip: Director Blue.)

  • Billionaire casino owner Sheldon Adelson tries yet again to get Texas to legalize casino gambling. “Adelson’s noteworthy lobbyist crew includes current and former high-ranking government officials, including former chiefs of staff to disgraced Speakers of the Texas House Joe Straus and Dennis Bonnen.” Of course.
    

  • OhNoNotThisShitAgain.jpg:

  • Iran’s Quds Force is sending weapons and troops to Venezuela.
  • Frederick Forsyth says that the reason the Brexit deal was scuttled at the last minute is that the EU was doing France’s bidding.

    After years covering France in Paris for the Reuters agency, and bilingual in French, I have a pretty good idea how the French system works. Basically, whoever appears to rule on the basis of elections, it is the graduates of the ENA who are really in charge. So what is it, this ultra-college?

    Founded under De Gaulle, it is a college designed to produce the true ruling class of the country, the Ecole Nationale d’Administration or ENA and its graduates are the ENArques. More than all our public schools and Oxbridge put together, the ENA is accessible only by the brightest and the best to start with.

    After three years there the graduates are the elite of the elite. They move seamlessly from industry to commerce to banking to civil service to politics, and always in the top slots. They do not oppose each other. President Macron and Michel Barnier are both ENArques.

    As in all politics, election-winning is the key and in elections there are powerful voting blocs which must not be affronted. In France the biggest is the agricultural vote. Hence the EU’s incredibly expensive and burdensome Common Agricultural Policy, a money tree paid for by others, to subsidise France’s mediaeval and uncompetitive farming sector and its attendant sub-professions. Offend them and you lose the election.

    Not far behind comes the fishing industry. Emmanuel Macron is facing an election. That is why last week at the very threshold of an agreement with the UK, Michel Barnier got new orders from Paris. No, you have conceded too much to the Anglo Saxons – we want all the fish and free access to all the waters.

    It is easy to blame Barnier but he had his orders. That is why a German, Dane or Dutchman would have been better as the EU team leader. Germany, Denmark and Holland fish those waters but their politicians do not lose elections because of their fishing industries and they are not run by an ENA.

    In other news, Frederick Forsyth is still alive. (Hat tip: @davidjacksmith.)

  • Feds sue to break up Facebook.
  • Speaking of which: “Facebook’s Fact-Checker ‘Lead Stories’ is Staffed by Exclusively Democrat Party Donors, CNN Staffers, And ‘Defeat Trump’ Activists.”
  • Grant Baker at American Thinker has an interesting (and infuriating) three-part series on Democratic Party megadoner and accused serial killer Ed Buck, the man whose fetish seems to be overdosing gay black teenagers with drugs. Part 2 is here, and Part 3 talks about some of his rich and powerful political supporters:

    What could have bought Ed Buck so many layers of protection?

    West Hollywood politics has a glimmering rainbow surface, but the authentic underlying powers are real estate interests. The City Council controls the fate of hundreds of millions of dollars worth of development projects, a fact reflected in their campaign contributions. “Developers don’t drop tens of thousands of dollars in West Hollywood because they like the City’s position on gay marriage, says former West Hollywood Mayor Steve Martin.

    With a huge war chest supporting them, a small handful of politicians reduced the government of West Hollywood to a game of musical chairs. John Duran, John D`Amico, John Heilman, Jeffrey Prang, and Abbe Land would bounce back and forth between the Mayor’s Office and City Council for decades, winning eighteen out of the last twenty-one mayoral elections between them.

    Ed Buck played a variety of supporting roles in the political machinery, buoying the chosen few.

    D’Amico’s political career was launched on the back of Buck’s support, winning a seat on City Council after marching through West Hollywood with Buck promoting his “Fur Free WeHo” campaign. Buck’s donations and connections to other major donors, including billionaire Gary Michelson, brought tens of thousands of dollars to Buck’s friends on City Council through multiple entities sharing the name ANIMAL PAC.

    Buck’s money also bought him a position on the Steering Committee of the Stonewall Democratic Club, the kingmaker of West Hollywood politics. Buck used his position on the Steering Committee to influence Stonewall’s secretive endorsement process, one “designed to protect incumbents and well-financed, well-connected candidates,” says a former Steering Committee member. Stonewall rank and file must have wondered why the LGBTQ group was promoting candidates for County Tax Assessor and Board of Equalization. Buck was so useful, Abbe Land would open City Council meetings by calling him to recite the pledge of allegiance.

    Officially retired since his early thirties, Buck would not have had the money to sustain his prolific spending habits relating to drugs, escorts, and politics. His biggest payday was in the 1980s when he flipped his friend’s business, Gopher Courier, to profit just over a million dollars, after which he lost money investing into pay-phones and a restaurant.

    After moving to West Hollywood, Buck was suspiciously cash-rich and asset poor, driving a wreck of a car and living in a rent-controlled apartment. Journalists paint Buck as a wealthy social climber, but his finances and lifestyle suggest he was a dirty political operative.

    Data from California’s political contribution records is highly truncated, but campaign finance rules create patterns that highlight alliances.

    One can skirt contribution limits and obscure contribution origins by breaking up large donations into smaller payments and passing them through family members and political allies, so I looked for donors that matched Buck’s donations.

    He donated varying amounts to plenty of politicians and causes, but there were consistent primary beneficiaries such as Jeffrey Prang, John Duran, Scott Svonkin, Honesty PAC, and of course, his ANIMAL PACs. The highly incestuous top donors who also supported Prang, Duran, Svonkin, and Buck’s PACs were real estate interests, chief among them being Excel Property Management Services managed by CEO Arman Gabay. Arman Gabay and his company funded Jeffrey Prang’s successful 2014 Los Angeles County Assessor bid with the help of Ed Buck, Ed Buck’s future attorney Seymour Amster, ANIMAL PAC, John Duran, West Hollywood activists, and various real estate interests. The same donors also funded periphery candidates who endorsed Prang and Svonkin.

    As County Assessor, Jeffrey Prang controls property taxes on $1.7 trillion worth of property, explaining why his donors are real estate interests. The Tax Assessor is a notoriously corrupt office, both in Los Angeles and across the country. Jeffrey Prang’s predecessor was arrested by the Los Angeles District Attorney’s office on bribery charges after selling tax breaks. Eighteen Tax Assessors in New York City were arrested on bribery charges after real estate developer Donald Trump realized he was paying more in taxes than his competitors.

    This is where Scott Svonkin’s role comes in. Funded by Ed Buck, Buck’s attorney Seymour Amster, and a small handful of real estate interests after Gemmel Moore’s death in Buck’s apartment, Honesty PAC was created solely to fund Scott Svonkin’s 2018 for Board of Equalization, an oversight position overseeing the County Tax Assessor Jeffrey Prang. The kicker: Scott Svonkin was an aide to Jeffrey Prang while he served on West Hollywood City Council.

    Scott Svonkin’s 2018 bid was unsuccessful, but the setback did not deter Jeffrey Prang. Whistleblowers filed suit against Prang for giving favorable tax treatment to West Hollywood real estate interests by intentionally losing legal cases, reversing property tax decisions, and reimbursing millions of dollars in back taxes for favored companies and individuals. Worse, Arman Gabay was arrested in May 2018 for allegedly soliciting preferable tax treatment from County Officials, soliciting public funds for his development projects, trading political donations in exchange for help on West Hollywood development projects, and other crimes involving political patronage. From a January 2020 prosecutor’s motion: “in another phone call agents intercepted on or about April 22, 2017, defendant made clear why he donates to public officials — he expects things in return.” When asked to contribute to reelect “Public Official 5,” he refused “because the last time he donated, defendant did not get anything from Public Official 5. Referring to Public Official 5, defendant said “f[*]ck him.”

    If Arman Gabay had helpful public officials on his payroll, he and others likely had Ed Buck on it, too, which would explain Buck’s mysterious revenue stream. Buck’s choice of Christopher Darden as his defense attorney shows he still has plenty of cash to play with and that investigators aren’t chasing down where it comes from. Prosecutors seem to know Buck’s income is off the books; they requested an order from the court to ensure “no portion of the proffered bail was feloniously obtained.” Even from jail, Buck still has cards to play, especially if his corruption touches politicians or some in the district attorney’s office.

  • Israel and Morocco strike normalize relations. Nothing to see here, just that idiot Trump helping facilitate another peace deal between Israel and the Muslim world…
  • “Goya CEO names AOC as employee of the month after her boycott call sends sales soaring.”
  • Oopsie!
  • J.C. Penny’s is back from corporate bankruptcy. Sort of. Kind of.
  • Snapshots of the continuing decline of Austin:

  • Austin decommissions shitty art. Of the “artworks,” two are garbage, one is already gone, one is so badly decayed it has to be torn down, and one is literally a circle of rocks. It’s fine as rock circles go, but a yard guy could probably put one together for you for less than 20 bucks.
  • Chuck Yeager, RIP.
  • Rehab for Vice bloggers:

  • Bob Dylan sells out.
  • All your Spidermen are belong to us.
  • “Hallmark Channel Announces 19 New Coronavirus-Themed Movies.”
  • Texas vs. California Update for February 15, 2017

    Wednesday, February 15th, 2017

    Welcome to another Texas vs. California Roundup!

  • California Governor Jerry Brown wants to hike gas taxes by 42% to bail out CalPERS.
  • Brown’s pension reforms have failed:

    Since 2012 passage of his much-heralded changes to state retirement laws for public employee, the pension debt foisted on California taxpayers has only grown larger.

    The shortfall for California’s three statewide retirement systems has increased about 36 percent. Add in local pension systems and the total debt has reached at least $374 billion. That works out to about $29,000 per household.

    It’s actually much worse than that. Those numbers are calculated using the pension systems’ overly optimistic assumptions about future investment earnings.

    Using more conservative assumptions, the debt could be more than $1 trillion.

  • And speaking of Brown: Math is hard.
  • Why California can’t repair its infrastructure: “California’s government, like the federal government and most other state and local governments, spends its money on salaries, benefits, pensions, and other forms of employee compensation. The numbers are contentious — for obvious political reasons — but it is estimated that something between half and 80 percent of California’s state and local spending ultimately goes to employee compensation.”
  • Put another way: “Governor Moonbeam and the other leftist kooks in charge are flushing a staggering $10 billion down an unneeded high-speed rail project, on top of the still more staggering $25.3 billion per year they spend on the illegal aliens they have gone out of their way to welcome.” (Hat tip: Director Blue.)
  • California can’t afford green energy:

    California has the highest taxes overall in the nation, worst roads, underperforming schools, and the recent budget has at least a $1.6 billion shortfall.

    Moreover, depending on how the numbers are analyzed California has either a $1.3 or a $2.8 trillion outstanding debt. This is before counting the maintenance work needed for infrastructure, particularly roads, bridges and water systems. Yet tax increases aren’t covering these obligations.

  • Three of the ten least affordable cities in the World are in California: Los Angeles, San Francisco and San Jose.
  • Austin named best city to live in the U.S. But wait! San Jose ranks third! I can only assume that “affordability” was not a significant criteria. Dallas/Ft. Worth ranks 15th (one ahead of San Francisco), Houston 20th, San Antonio 23rd (one behind San Diego).
  • “A sizzling residential real estate market fueled by incoming Californians, low supply, high demand, flat salaries, and local property taxes are pricing people out of homeownership in Austin.” More: “The Texas A&M Real Estate Center examined the Austin local market area (LMA) over five years. In January 2011, the Austin-Georgetown-Round Rock area median home prices were $199,700. By January 2015, that median hovered at $287,000. At the end of 2016, university real estate analysts found the home mid-price point at $332,000.” Of course, in my neck of the woods, $332,000 will buy you a 2,500 square foot house, while in San Francisco, you’d be lucky to find a 500 square foot condo…
  • “An IGS-UC Berkeley poll shows that 74 percent of Californians want sanctuary cities ended; 65 percent of Hispanics, 70 percent of independents, 73 percent of Democrats and 82 percent of Republicans.”
  • Of the top 20 cities for illegal aliens, five (Los Angeles, San Francisco, San Jose, San Diego and Riverside) are in California, while three (Houston, Austin and Dallas/Ft. Worth) are in Texas. I’m actually a bit surprised to see that San Antonio isn’t on that list, while Seattle and Boston are. “American citizens who paid into the system don’t receive benefits like long-term medical care because — in part — we’re all subsidizing aliens.”
  • California pays $25.3 billion in illegal alien benefits, or $2,370 per household. (Hat tip: Director Blue.)
  • By contrast, Texas pays $12.1 billion in illegal alien benefits, or $1,187 per household. (IBID)
  • “In testimony provided before the California Senate’s Public Safety Committee, Senate President Pro Tem Kevin De Leon (D-Los Angeles) decided to admit that “half of his family” is residing in the United States illegally and with the possession of falsified Social Security Cards and green cards.”
  • “California spent on high-speed rail and illegal immigrants, but ignored Oroville Dam.”
  • Pensions are breaking budgets across San Diego. (Hat tip: Pension Tsunami.)
  • “Despite California having some of the best recreation spots in the world, we have systematically reduced our business in California by 50%, and I have a moratorium in place on accepting new business (I won’t even look at RFP’s and proposals to avoid being tempted.)”
  • That same blogger on why his company pulled out of Ventura, California. Like this:

    It took years in Ventura County to make even the simplest modifications to the campground we ran. For example, it took 7 separate permits from the County (each requiring a substantial payment) just to remove a wooden deck that the County inspector had condemned. In order to allow us to temporarily park a small concession trailer in the parking lot, we had to (among other steps) take a soil sample of the dirt under the asphalt of the parking lot. It took 3 years to permit a simple 500 gallon fuel tank with CARB and the County equivalent. The entire campground desperately needed a major renovation but the smallest change would have triggered millions of dollars of new facility requirements from the County that we simply could not afford.

    And this:

    A local attorney held regular evening meetings with my employees to brainstorm new ways the could sue our company under arcane California law. For example, we went through three iterations of rules and procedures trying to comply with California break law and changing “safe” harbors supposedly provided by California court decisions. We only successfully stopped the suits by implementing a fingerprint timekeeping system and making it an automatic termination offense to work through lunch. This operation has about 25 employees vs. 400 for the rest of the company. 100% of our lawsuits from employees over our entire 10-year history came from this one site. At first we thought it was a manager issue, so we kept sending in our best managers from around the country to run the place, but the suits just continued.

  • California has some of the highest taxes in the nation, but can’t pay for road maintenance:

    Texas has no state income tax, yet excellent highways and schools that perform above average, way above California’s bottom-dwellers. Yet both states have similar demographics. For example, in the 2010 U.S. Census, Texas was 37% Hispanic, California 37.6%.

    Texas is a First World state with no state income tax that enjoys great roads and schools. California is a Third World state restrained from getting worse only by its umbilical-cord attachment to the other 49 states, a cord the Calexit movement wants to cut, but won’t get to.

    California is Venezuela on the Pacific, a Third World state and wannabe Third World country; a place with great natural beauty, talented people, natural resources – and a government run by oligarchs and functionaries who treat the rest of us as peons.

    (Hat tip: Pension Tsunami.)

  • “Texas Ends 2016 with 210,200 Jobs Added Over the Year.”
  • All Houston does economically is win.

    The Houston metropolitan area’s population now stands at 6.6 million with the city itself a shade under 2.3 million. At its current rate of growth, Houston could replace Chicago as the nation’s third-largest city by 2030.

    Why would anyone move to Houston? Start with the economic record.

    Since 2000, no major metro region in America except for archrival Dallas-Fort Worth has created more jobs and attracted more people. Houston’s job base has expanded 36.5%; in comparison, New York employment is up 16.6%, the Bay Area 11.8%, and Chicago a measly 5.1%. Since 2010 alone, a half million jobs have been added.

    Some like Paul Krugman have dismissed Texas’ economic expansion, much of it concentrated in its largest cities, as primarily involving low-wage jobs, but employment in the Houston area’s professional and service sector, the largest source of high-wage jobs, has grown 48% since 2000, a rate almost twice that of the San Francisco region, two and half times that of New York or Chicago, and more than four times Los Angeles. In terms of STEM jobs the Bay Area has done slightly better, but Houston, with 22% job growth in STEM fields since 2001, has easily surpassed New York (2%), Los Angeles (flat) and Chicago (-3%).

    More important still, Houston, like other Texas cities, has done well in creating middle-class jobs, those paying between 80% and 200% of the median wage. Since 2001 Houston has boosted its middle-class employment by 26% compared to a 6% expansion nationally, according to the forecasting firm EMSI. This easily surpasses the record for all the cities preferred by our media and financial hegemons, including Washington (11%) and San Francisco (6%), and it’s far ahead of Los Angeles (4%), New York (3%) and Chicago, which lost 3% of its middle-class employment.

    (Hat tip: Pension Tsunami.)

  • Texas conservative budget overview vs. the 2018-2019 proposed budget.
  • On the same subject: how to reduce the footprint of Texas government.
  • “Berkeley funds the Division of Equity and Inclusion with a cool $20 million annually and staffs it with 150 full-time functionaries: it takes that much money and personnel to drum into students’ heads how horribly Berkeley treats its “othered” students.”
  • New LA housing initiative to undo previous housing initiative. Frankly all of them sound like market-distorting initiatives guaranteed to backfire…
  • “California’s bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that’s just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.”
  • “For the past five months, BART has been staffing its yet-to-open Warm Springs Station full time with five $73,609-a-year station agents and an $89,806-a-year train dispatch supervisor — even though no trains will be running there for at least another two months.” (Hat tip: Pension Tsunami.)
  • “After studying “tens of thousands of restaurants in the San Francisco area,” researchers Michael Luca of Harvard Business School and Dara Lee Luca of Mathematica Policy Research found that many lower rated restaurants have a unique way of dealing with minimum wage hikes: they simply go out of business.”
  • Meet Gordon, the robot barista. How’s that $15 an hour minimum wage working out for you, San Francisco?
  • “Nestle USA announced today that it is moving 300 technical, production and supply chain jobs to the Solon [Ohio] plant as part of the company’s plan to relocate its headquarters to Arlington, Virginia, from Glendale, California.”
  • Auto dealer AutoAlert is moving it’s headquarters from Irvine, California to Kansas City.
  • Peter Thiel to run for governor of California?
  • The Oakland Raiders may not be moving to Las Vegas after all, because billionaire Sheldon Adelson backed out of the stadium deal, accusing Raider owner Mark Davis of trying to screw him.
  • Now there’s talk the Raiders may rexamine moving to San Antonio.
  • Or even Dan Diego.
  • Lawsuits are flying over the Dallas Police and Fire pension fund debacle. (Hat tip: Pension Tsunami.)