SEGREGATION NOW, SEGREGATION TOMORROW, SEGREGATION FOREVER! Emory renovates ‘Identity Spaces’ for ‘historically underrepresented groups’. “A ‘multi-million-dollar project’ is set to create new homes for the Asian Student Center, the Center for Women, Centro Latinx, the Emory Black Student Union and LGBT+ Life.”
Archive for 2023
June 26, 2023
EVERYTHING IS GOING SWIMMINGLY (CHINA EDITION): Gloom Returns to China Markets as Stimulus Trade Fizzles Out. “Beijing is making it clear that any easing will be targeted and measured, bidding farewell to the days of massive stimulus that drove leveraged buying and inflated asset prices — a distortion that the nation’s leaders are determined not to repeat.”
Repeat or not, Chinese real estate still hasn’t undergone the painful reevaluation needed to restore some sanity.
“WE’RE HERE! WE’RE QUEER! WE’RE COMING FOR YOUR CHILDREN!” “Somebody thinks they’re being very funny and they’re cocooned with people who like the direction the satire is going.”
KRUISER’S MORNING BRIEFING: Hmm…Maybe McConnell Shouldn’t Have Kept Merrick Garland Off of the Supreme Court. “OK, don’t get too hung up on the headline, I’m just spit balling here because Garland absolutely wears me out.”
UNEXPECTEDLY: Norway’s Wealth Tax Is Backfiring. Are Americans Paying Attention?
In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland.
“My capital will continue working in Norway,” wrote the fishing magnate turned industrialist who launched his empire four decades ago with a 69-foot trawler he bought while saving money working on ships off the coast of Alaska.
Røkke, who Forbes estimates has a fortune of $5.1 billion, will cost the Norwegian government an estimated 175,000,000 kroner annually (roughly $16 million) with his departure. That might not sound like a lot of money, but Røkke is not the only wealthy entrepreneur leaving Norway, The Guardian notes.
“More than 30 Norwegian billionaires and multimillionaires left Norway in 2022, according to research by the newspaper Dagens Naeringsliv,” reports wealth correspondent Rupert Neate. “This was more than the total number of super-rich people who left the country during the previous 13 years, [the paper] added.”
Did you catch that? More “super rich” Norwegians left Norway in 2022 than during the previous 13 years combined. The reason wealthy Norwegians are fleeing the country is not a secret.
Following its 2021 electoral victory, the Nordic nation’s Labor Party made good on its promise to soak the rich. Norway is one of just a handful of OECD countries that still taxes net wealth, and the Labor Party increased the country’s wealth tax to 1.1 percent despite warnings that such a move would “trigger capital flight and threaten job creation.”
Capital flight is exactly what happened, and it has left the Norwegian government with less revenue.
Yes, but it gave Labor lawmakers something to feel good about.
SO MORE PARENTS AT SCHOOL BOARD MEETINGS WILL BE CALLED TERRORISTS: Far-Left Teachers Union Boss Randi Weingarten To Join Council To Advise Homeland Security.
JOHN HINDERAKER: Impeach Merrick Garland.
The corruption of the U.S. government is exemplified by the Biden administration. The corruption of the Biden administration is exemplified by its Department of Justice. And the corruption of the Department of Justice is presided over by Attorney General Merrick Garland.
But that isn’t the worst of it. Corruption of the Department of Justice goes to the heart of American democracy. It makes a mockery of the rule of law. It thumbs its nose at the Constitution. Corruption of some agencies might only a costly annoyance. Corruption of the Department of Justice threatens our republic.
We have written about the controversy that recently has engulfed Merrick Garland here and here. There is substantial reason to think that Garland has lied to Congress.
But that isn’t the half of it. Garland has been central to the weaponization of government–specifically, the Department of Justice–to attack the Democratic Party’s political enemies, and run interference on behalf of its well-connected members. Garland has swung into action against the Democratic Party’s foes even when they are just parents who express concern at school board meetings. This is intolerable.
Well, impeachment is a start.
Plus: “We have been betrayed by the people charged with sharing the best available data and information with us in a time of crisis. We have been lied to and deceived about matters of life and death, such as the risk-benefit tradeoffs of the Covid vaccines, not only by the pharmaceutical industry, but by the people who occupy leading positions of public authority in our society.”
ROGER KIMBALL: A Catastrophic Implosion of the Rule of Law. “Instead of proper rule of law we are living with that Orwellian alternative, Our Rule of Law™—an arbitrary enforcement of the laws and use of the coercive power of the state.”
ICYMI: Mr. Rogers has a message from 52 years ago about boys and girls. “If he were to sing this song today, he’d probably be banned. I’m surprised it’s still up on YouTube. Pay particular attention to the second verse.”
But here’s the buried lede, way down at the very end of the report:
Musk also said that SpaceX has made well over 1,000 changes to the Mars-focused Starship, which exploded and failed to reach orbit in April during its first test launch. “The probability of the next flight working—or getting to orbit—is much higher than the last one,” he said. “Maybe it’s like 60%.”
Godspeed.
IMPORTANT QUESTION: How do you craft occupational regulations that allow Jonas Salk to test his polio vaccine but prohibit John Romulus Brinkley from implanting goat testicles into gullible members of his radio audience? “Occupational regulations are supposed to protect the public from unscrupulous or incompetent practitioners, but almost any regulations devised will exhibit one or both of the following: (1) allowing some harmful practices to proceed apace, and (2) prohibiting some beneficial practices. The only way to eradicate the first failing is to prohibit everything. The only way to eradicate the second failing is to prohibit nothing. Therefore, crafting regulations requires policymakers to consider the tradeoffs between these two failings and to plant their flag at some sweet spot that is, at least in part, subjectively determined.”
A SMALL MEASURE OF ACCOUNTABILITY: Appeals court rules BLM can be sued for police injuries.
WELL, GOOD: Iowa newspaper apologizes for racist attack on GOP candidate Vivek Ramaswamy. Nobody was sacked, the way columnists were for criticizing Obama daughters’ fashion choices, though, so I regard the apology as insincere.
Plus: “There was no policy or ‘ideas’ questioned in that cartoon. It was quite clear – beat up on the Indian-American Republican for running by tossing random words meant as slurs. Republican primary voters who are listening to Vivek are not the ones screaming slurs at him. That would be Democrats. They know it. We know it.”
CHRIS QUEEN: Chicken Little Leftists. “You would think that being proven wrong so many times would lead leftists to can the histrionics, but they don’t show any signs of stopping anytime soon. But when your policies sound like hysterical middle school girls, so do your tactics.”
I PAID FOR FREE SPEECH AT ARIZONA STATE WITH MY JOB.