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.”
It turns out that unleashing a deadly engineered plague on the world, bellicose posturing, currency manipulation, intellectual property theft, treaty breaking, and genocidal actions against ethnic minorities isn’t a recipe for winning friends and influencing people.
Who knew?
Evidently not Xi Jingping, as under his leadership, it looks like some 90% of Chinese factories will close due to lack of business.
“My factory closed down, ended up losing over 10 million.” I’m assuming that’s Yuan.
“China continues to face a harsh winter, with reportedly 90% of factories either closing down or falling into difficulties.”
Factories that has been in business and profitable for 15 years got walloped by Flu Manchu in 2020. “After the outbreak, the factory started and stopped production intermittently, basically losing money for a year. Unexpectedly, the following three years were worse.”
“At the start of the year, there were almost no new orders. The old customers who used to order every month also significantly reduced their orders. The entire industry had fewer orders than during the 3 years of the epidemic.”
This lead to “severe competition within the industry this year to get orders. Besides low profits, customers also demanded goods to be made before payment.”
“In the second half of 2023, he was basically just chasing payments. Many customers were withholding final payments, and his factory had long run out of operational funds. During this period, he had already mortgaged his house in Shinjin for business loans. For these three years, his factory had been barely surviving on loans, and he didn’t know when it would all end. Recently he’s been exhausted, so he decided to shut” everything down.
“Bosses like us in small manufacturing factories will soon become the bottom of society. Becoming a bad debtor is only a matter of time, My factory in Guangdong is quite typical of those in the industry. Most of my customers products are for export.”
Factory workers, of course, are losing jobs and hours left and right due to the shutdowns. Plus those few factories still hiring can afford to be picky. “Those over 33 can go back! Those under 33 stay! Not accepting anyone over 33!”
“China’s products such as petrochemical raw materials, fuel and electric vehicle power batteries and non-core chips are all facing overcapacity.”
“After the pandemic, China’s economic recovery has been weak. Traditional export orders are insufficient, and products manufactured by Chinese factories exceed the domestic markets absorption capacity causing almost every industry to face overcapacity as other countries strive to curb inflation.”
“China is experiencing rare deflation.”
China’s plan to combat this is exporting high tech goods to the rest of the world. The rest of the world doesn’t seem enthused.
I’m skipping over some Q1 growth statistics for China I don’t believe.
“Due to overcapacity in China, companies are squeezing each other’s profits by lowering export prices.”
“In the first quarter, China’s manufacturing capacity utilization rate plummeted to 73.8%, the weakest level since 2015.”
“The utilization rate of the automotive manufacturing industry has now dropped to below 65%.”
And the electric car bubble bursting has hit China hard. “For years the CCP has spared no effort, using high subsidies and various preferential policies to fully support the development of new energy vehicles.”
“It is estimated that from 2010 to the present, over 200 billion yuan, about $28 billion US, has been directly subsidized to new energy vehicle companies by the CCP.”
“The CCP’s irrational economic measures not only harmed the global economy, but also damaged China’s own economy. The subsidy policy has not only led to the emergence of numerous purported new players in the automotive manufacturing sector, but has also notably spawned a significant number of counterfeit car companies that rely solely on deceiving subsidies through presentations and mockup models.” In other words, the same smoke and mirrors companies seen throughout the rest of China economy.
“The Wall Street Journal reported that in 2018 there were already more than 487 Chinese electric car manufacturers, but now there are only over 40 remaining.” (Previously.)
Is the 90% factory closure estimate way too high? Probably. But if it’s even of factories, imagine the devastating economic and social dislocation effects this will have on China’s aging economy.
Much of China’s economic miracle was built on smoke and mirrors, and by one estimate China GDP was overstated by 60%. And thanks to Xi Jinping’s gross mismanagement of just about everything, the bill for all those illusions is now coming due.
