WANT TO BLIND YOUR KID? GIVE HIM PUBERTY BLOCKERS: That’s according to the FDA, so expect a chorus of cries to start shortly calling for the end of the agency. Hans Bader has a mountain of examples and details.

HMM: China Has a Crisis Brewing – Will It Be the Final Straw for Global Economy?

Last year, China’s largest real estate company, Evergrande, with a debt of nearly $300 bn, defaulted on its bond repayments. Real estate is now sinking the whole country. The sector contributes more than 25% to the Chinese GDP. Over the years, China has created a structurally imbalanced economy with large exposure to real estate. As much as 78% of household wealth is in the form of real estate holdings. Families pool in resources to buy homes, and thus house ownership has a huge significance for the Chinese people. Since last week, homeowners have been refusing to pay mortgage EMIs in 91 cities involving more than 300 projects, as developers have failed to deliver homes. China may be heading for an encore of the 2008 subprime crisis.

China’s Economy May Be ‘Slowing Down’, But Don’t Write Off BRI Yet
The total banking exposure to real estate stands at a whopping $9.2 trillion. Default by homebuyers and developers will spin up major banking stress in China, which is likely to have a global impact. For a couple of months now, rural banks in Henan have frozen the deposits of the public as they are unable to pay. Local politicians are protecting the defaulting banks amid charges of diversion of funds. Shockingly, the Bank of China has declared these deposits as ‘investment products’ and they can’t be withdrawn.

China is behaving like a classic socialist economy, where no one owns anything and everything belongs to the state. The People’s Liberation Army (PLA) has deployed tanks on the streets to keep away people whose deposits have been frozen by the defaulting banks. The military and the police are protecting the defaulting banks and developers against citizens, who are now at risk of losing their life savings.

There’s a two-decade-old cottage industry based on “China is going to collapse at any moment now and this time we mean it.”

But the CCP isn’t as wise or as strong as it pretends to be, either.

MAYBE BECAUSE PEOPLE ARE BUSY MAKING EXCUSES FOR EVERYONE ELSE: Taxpayer-funded NYU study to research why children think white males ‘best exemplify a person.’

CHANGE: Russia Says It Will Leave the International Space Station in 2024.

BUT OF COURSE: Christian university lets students register their preferred pronouns.

HMM: As more people report Covid rebounds after Paxlovid, experts insist cases are rare.

YES: Three Cheers for the Patriarchy.

My second grade teacher, Mrs. Heron, once called me a sexist. I had claimed that boys were better than girls at all the sports I knew: baseball, football, and kickball, dodgeball, basketball, and soccer. And that opinion, I was told in front of twenty-five fellow classmates, was verboten.

But even to an eight-year-old in 1991, wasn’t it undeniable? The boys were bigger and more aggressive. They ran faster. They threw harder and could kick the ball farther. I saw it everyday on the playground. What was wrong with stating the obvious? It wasn’t like I was saying all girls were worse at everything. I even knew some girls were more athletic than many boys. But any fool could see that if the best boys faced the best girls at any of those sports, it would be a rout.

Nevertheless, even then, with the Cold War winding down in the latter years of George H.W. Bush’s presidential term, an irrational gender ideology that told little boys and girls to ignore, if not deny, the realities of biology was seeping into American public schools. Little did I know it had already affected an entire generation of college graduates. Thirty years later, it now dominates all of America’s elite institutions. Indeed, questioning it could even get you fired. Millions of Americans are told, nay coerced, to refute the testimony of their eyes.

Read the whole thing.

IS ANYONE SURPRISED BY THIS? Boeing takes additional charge for Starliner astronaut capsule, bringing cost overruns to near $700 million.

KRUISER’S MORNING BRIEFING: First Felon Hunter Biden Needs a Good Perp Walk. “Those of us who traffic on the honest news side of the street have known for a good long while that Hunter Biden is most certainly an utter sleazebag. The potential criminal extent of that sleaziness is difficult to ascertain because, as we’ve been aware since the fall of 2020, the Democrats’ flying monkeys in the mainstream media work overtime running interference for him.”

OUR DISHONEST, DISLOYAL, PARTISAN FBI & DOJ: Whistleblowers Detail FBI, DOJ Effort to Discredit Negative Info on Hunter Biden Starting Before 2020 Election.

I REMEMBER WHEN THE SMART PEOPLE WERE MOCKING TRUMP FOR SAYING IT WAS DUMB FOR EUROPE TO DEPEND ON RUSSIA FOR GAS: Putin’s new gas squeeze condemns Europe to recession and a hard winter of rationing.

THE AP THEN:

The AP now:

I’m guessing this means tomorrow’s reveal of last quarter’s GDP figure is going to be even worse than expected — and the expected figure is worse than the first quarter’s -1.5% annual rate.

Exit Question: If you ever doubted that the AP had become a government mouthpiece, do you still?

INTEGRITY: GOP plan would ban illegal immigrants from voting and mandate photo ID.

LIFE IN THE BLUE ZONES (CONT’D): Bob McManus: 16-year-old cop basher shows just how broken NYC justice is. “So a 16-year-old fare-beater hauls off and wallops a cop on Saturday, igniting a wild subway-station brawl and producing — what else in these times? — a viral video. The perp is subdued, though not easily, and arrested — but is back on the street within hours. And then, as predictably as a summertime sunrise, it turns out that the accused cop-fighter was free on cashless bail after being charged with felony robbery just days earlier. Really.”

LIFE IN THE BLUE ZONES: $588M Sixth Street Bridge closed indefinitely due to illegal activity: LAPD. “The bridge opened to the public back on July 10, just over two weeks ago, but in that brief time, it’s been the center of attention in Los Angeles for all the wrong reasons. Street takeovers, graffiti, and crashes have plagued the bridge since its reopening. The LAPD has given out 57 citations on the bridge over the last four days, according to LAPD Chief Michel Moore.”

JOEL KOTKIN: Green Dreams, Inflationary Realities. “The biggest losers from greenflation are predominately the largely powerless working class and the denizens of developing countries. But even energy rich and historically prosperous countries like Australia face severe price hikes and shortages, as do Canada and the US. Economies have been severely impacted, particularly the agriculture and manufacturing sectors. In the developing world, where environmentalists have been working to block fossil fuel plants for years, over 3.5 billion lack reliable access to electricity. Greenflation has incited a new wave of political instability, as seen most recently in the meltdown of Sri Lanka.”

BOUND TO BE AN IMPROVEMENT: Peter Thiel is on the verge of winning his secret war for the GOP.

THE DESTRUCTION IS INTENTIONAL: Justin Trudeau Decides to Walk Down the Same Failed Green Path as Sri Lanka.

BLASEY FORD REDUX: ‘I’m an Insurrectionist’: Cassidy Hutchinson’s Texts Nuke Her J6 Committee Testimony. “As it turns out, Hutchinson’s decision to testify before the committee came after the former aide had made a complete reversal on her beliefs about President Trump, the January 6 committee, and what happened on that day more than one year ago.”

THANK YOU, NATIONAL ASSOCIATION OF SCHOLARS:  The NAS is stating something publicly that would have been uncontroversial even a few years ago.  In “Against Transgenderism,” it declares what everybody knows but is afraid to say out loud:  Thinking you’re a woman is not the same as actually being a woman.  Ditto for thinking you’re a man.  It’s utter lunacy that it takes cojones (of the metaphorical sort) to say so, but that’s where we are today.  One day people will look back on our era and wonder what the heck with wrong with us.

Please support the NAS in any way you can.  They stick their necks out in so many ways so you don’t have to.  (Yes, I have a bit of a bias here.  I’ve been a member for about 30 years and a board member for about 20.  I’m darn proud of it, too.)

A HIVE OF SCUM AND VILLAINY: Meet the FBI Analyst Behind The Decade’s Biggest Political Disinformation Campaigns: Brian Auten pushed Trump-Russia collusion and is now accused of discrediting Hunter Biden stories.

JUSTICE: Court Makes It Easier for Plaintiffs to Win Libel Lawsuits Against #MeToo Claimants.

STOP CELEBRATING THESE PEOPLE AND WE’LL STOP CALLING YOU GROOMERS: Child rapist and murderer lauded as ‘feminist’ and ‘advocate’ for LGBTQ Rights.

OH, DARN: Gawker might be getting sued again after snarky story turns out to be false.

DEAL OF THE DAY: Electric Garden Tiller. #CommissionEarned