Archive for 2024

DISPATCHES FROM THE NO TRUE SCOTSMAN SCOTSWOMAN SCOTSPERSON FALLACY:

WHY DON’T WE KNOW: Who built that infamous January 6 gallows and why didn’t the authorities tear it down instead of leaving it up for hours before the riot even began? It’s almost as if somebody wanted the noose to be there! My latest PJMedia column.

HE’S FINE: Biden’s cheat sheets at fundraisers worry donors. “Biden’s reliance on notecards to help explain his own policy positions — on questions he knows are coming — is raising concerns among some donors about Biden’s age.”

HMM: History repeats? Why Chinese companies are establishing private armies. “China appears to be going back to its old ways. Its companies are reportedly setting up volunteer armies, something which was more common in the 1970s. Several of the country’s state-owned enterprises and a private firm have established in-house fighting forces over the last year.”

PAIR O’ DOCS: Drs. Phil, Drew Skewer Rampant Media Corruption.

Dr. Phil ruled over syndicated TV for more than two decades. Dr. Drew’s “Loveline” gave troubled teens advice on the radio and MTV.

Neither TV doctor spent much time dwelling on mainstream media bias over the years.

That’s hardly the case today.

Dr. Drew Pinsky rages against the corrupt media landscape on “The Adam and Dr. Drew Podcast,” “Ask Dr. Drew” and any time he’s near a microphone.

The news media’s obsession with “misinformation” ignores the most galling sources of it, he argued on the latest episode of “The Adam and Dr. Drew Show.”

“Everything is thought of as misinformation or disinformation, when in fact so much of what the New York Times reports, which is the source of quote legitimate information, ends up being incorrect or wrong … and then of course, no corrections and no adjustments.”

“What do we do about this?” Dr. Pinsky asked.

Read the whole thing.

SO DOES MY GROCERY BILL: Fed’s Barkin Says Inflation Data Show Persistent Price Pressures. “Barkin, who votes on monetary policy decisions this year, said earlier this month that the Fed should wait to cut interest rates until it has more evidence that inflation is firmly on a path to the central bank’s 2% target, echoing several of his colleagues. He did not comment on the rate path.”

KIMBERLEY STRASSEL: Sifting the FBI’s Garbage.

House Oversight Committee Republicans say the FBI told Congress their source had worked for the bureau since 2010, had been paid roughly $200,000 for information, and was deemed “highly credible.” Ranking Oversight Democrat Jamie Raskin acknowledged the FBI’s briefing about credibility. Republicans say Director Christopher Wray also confirmed the FBI used Mr. Smirnov’s information in investigations until June 2023 (when the bribery claims went public). The FBI affirmed Mr. Smirnov’s credibility so long as it was useful to do so.
It isn’t useful any longer. Republicans for months have hounded special counsel David Weiss, who is handling the Hunter Biden probe, to explain what he’s done since 2020 to verify or refute the Smirnov claims. Last week’s indictment, which he sought, is his answer. The FBI’s “highly credible” source is now presented as a brazen liar, a boaster, a profiteer who played a double game with the bureau, and a partisan who had it in for Joe Biden.

If this is true, it ought to be massive story that the FBI for 13 years relied on a man who prosecutors now worry has troubling and “extensive” ties to Russian intelligence. Instead, the media in its desire to embarrass Republicans is working to absolve the FBI, with the New York Times explaining the bureau never did “think much” of the Smirnov claims and concluded in 2020 that they “did not merit continued investigation.”

It’s a clown show, with evil clowns.

UPDATE: Link was broken before. Fixed now. Sorry! (And bumped).

OUCH: Rivian stock tanks to all-time low after job cuts, slash in production outlook. “Rivian said on Wednesday it sees vehicle production for 2024 hitting 57,000 units, well below the 80,000 units expected. In terms of full-year profitability, Rivian said it sees an adjusted EBITDA loss of $2.70 billion vs. $2.59 billion expected, with capital expenditure outlays hitting $1.75 billion vs. $2.37 billion estimated. Rivian said it would cut 10% of salaried staff, citing economic uncertainty.”

KRUISER’S MORNING BRIEFING: I’ll Vote for Anyone Who Promises to Nuke the Dept. of Education. “There are a number of ways to attack the failures of the Dept. of Education, because it manages to screw up anything it touches. It’s the classic example of a bloated bureaucracy that is nothing but a black hole for taxpayer dollars. Kids are getting dumber, and the Democrats can only screech for money.”

WHAT’S THE OPPOSITE OF BIDENOMICS? THIS: Milei’s Economic ‘Shock Therapy’ Pays Off, With Argentina Seeing First Budget Surplus in More Than a Decade.

The nearly $600 million monthly surplus is the first to occur since August 2012, and the monthly inflation rate even fell in January to 20.6 percent from 25.5 percent. “The zero deficit is not negotiable,” the Economy Minister, Luis Caputo, says on X.

On February 2, the chamber of deputies passed a framework agreement for Mr. Milei’s reforms aimed at privatizing state companies, deregulating the economy, and making changes to the nation’s criminal and environmental laws. The legislature is still debating the fine text of the package, but if it passes, it would mark a significant victory for Mr. Milei’s libertarian theory of governance.

“They understood the historical context and chose to end the privileges of the caste and the corporate republic, in favor of the people, who have been impoverished and are hungry,” Mr. Milei said after the lower chamber passed the preliminary motion on his reform package.

Developing…