Archive for 2024

BIDENOMICS IS WORKING: Does $42 Billion for Zero Miles of High-Speed Internet Sound Like a Lot?

You’ve read more than once right here at PJ Media about the $7.5 billion that Presidentish Joe Biden’s Infrastructure Investment and Jobs Act put on the table as an inducement to build a network of 500,000 EV charging stations up and down the nation’s interstate highways, and about how few have been built. Eight, at last count.

Well, that was a bargain compared to today’s boondoggle.

Much more at the link.

REMEMBER THIS, THE NEXT TIME BIDEN OR AUSTIN TELLS YOU HOW MUCH THEY SUPPORT THE TROOPS: Another Classic DoD Equation: LAB-GROWN MEAT + US Troops = Captive Guinea Pigs Again. “The Progressive Wokesters, who see the members of our military as one big lab rat colony, are here to tell you they’ve got a world to save, no time to do it, and might as well make use of available and basically rights-free subjects to see how it goes.”

KINDA LIKE DELAWARE, POLITICIZATION OF THE JUDICIARY IS UNDERMINING HONG KONG’S POSITION:

FLASHBACK: Retired WNBA Player Reveals She Was Bullied for Being Straight. “Wiggins, a four-time All-American at Stanford, asserts she was targeted for harassment from the time she was drafted by Minnesota because she is heterosexual and a nationally popular figure, of whom many other players were jealous.”

AXIOS: Biden backstory: Runs darkened by family trauma, addiction.

To my eyes, the Axios report reads like an attempt to generate sympathy for Biden, and it doesn’t contain much you probably didn’t already know. There is something newsworthy in the lead, however: “The recent courtroom revelations about the turmoil in Joe Biden’s family have left some of his aides torn about whether he should have run for president at all.”

Indeed.

HMM: China Property Drag Is Getting Worse, Factory Output Disappoints.

Among a slew of data published on Monday, analysts latched onto the bad news from the property market, which has been the biggest drag on China’s economic growth. Declines in real estate investment and home prices both gathered pace last month.

Industrial production rose 5.6% from a year earlier, the National Bureau of Statistics said, slowing from April and missing the median forecast in a Bloomberg survey. Retail sales offered some encouragement, picking up more than expected, but Chinese shoppers remain far from recovering their pre-pandemic mojo.

The numbers add up to a still-weak recovery, most economists said — likely requiring more action from Beijing to bolster consumer demand and tackle imbalances, if this year’s 5% growth target is to be met. That could take the form of stepped-up government spending and heightened efforts by the central bank to put a floor under housing markets and get credit flowing.

“The most disappointing in May’s data is probably that property sales barely saw any improvements even after so many supportive measures,” said Jacqueline Rong, chief China economist at BNP Paribas SA.

It isn’t that Beijing’s troubles aren’t serious — because they are. But not serious enough to detail the country’s unprecedented peacetime naval expansion.

MEANWHILE, OVER AT VODKAPUNDIT [VIP]: Contrary Take: Maybe Trump Was Right to Accept Biden’s Sundowner Debate Rules. “They’ll try to shut him up. They’ll try to trip him up with questions like, ‘How can America trust you when your record shows that time and again, you would feed transgender people to feral hogs on a pay-per-view channel you owned, and now you want to spend taxpayer money to have SpaceX launch your political opponents into the Sun as part of your program to destroy our precious democracy?'”

IT’S WHO THEY ARE, IT’S WHAT THEY DO:

I now assume that any prosecution or regulatory attack on a business not overtly aligned with the Democrats is undertaken for partisan political reasons.

NOAA HAS A THING CALLED “BILLION DOLLAR DISASTERS” THAT STOKES THE PANIC ABOUT GLOWBALL WORMING. TURNS OUT IT’S VERY VERY HINKY:  Billion Dollar Disasters on Steroids.

THIS IS KNOWN AS BETRAYING THE AMERICAN PEOPLE. THESE ARE NOT OUR COUNTRYMEN:  An emerging coalition that views Donald J. Trump’s agenda as a threat to democracy is laying the groundwork to push back if he wins in November, taking extraordinary pre-emptive actions.  The Resistance to a New Trump Administration Has Already Started.