Author Archive: Stephen Green

MORE LIKE THIS, PLEASE: Oklahoma Treasurer Shows States How to Push Back on Woke Capital. “Russ is proving what real leadership looks like—and doing something few in public office have attempted: He’s using the levers of shareholder engagement to shift companies back to their actual duty, fiduciary responsibility to the people whose money they manage. This isn’t activism disguised as oversight. It’s an effort to restore neutrality and fiduciary discipline to corporate decision-making.”

THE NEW SPACE RACE: The next space race will be won at night.

On the lunar surface, every “night” lasts roughly 14 Earth days. With the sun out of view, temperatures plunge to nearly minus 300 degrees Fahrenheit, solar panels stop generating power, batteries drain and electronics freeze. In 2024 and 2025, the United States made its return to the moon with three commercial landers thanks to investments by NASA and industry. Each completed its primary mission but lacked the thermal and power systems needed to survive the lunar night, dying within two weeks. By contrast, Chinese landers equipped with nuclear power systems have remained operational for more than 2,400 days.

Since 2013, multiple Chinese landers have used radioisotope power systems, or nuclear batteries, to keep vehicles and infrastructure warm and operational through the lunar night. Chang’e-4 has been continuously operating for more than five years on the far side of the moon, out of sight of U.S. monitoring capabilities. The more advanced Chang’e 8 will reach the south pole in 2028 to test resource extraction, paving the way for a permanent Chinese lunar base.

A recent Commercial Space Federation comprehensive assessment of China’s space progress stated that “China’s ambitions to develop super-heavy lift vehicles, autonomous in-situ resource utilization, and nuclear power on the moon raises strategic challenges to U.S. technological advantages.” If the U.S. is to catch up, it needs to embrace nuclear power as soon as possible.

Yes.

THE NEW SPACE RACE: China’s first reusable rocket aces key engine test to challenge Elon Musk’s SpaceX. “If all goes to plan, the launch of Zhuque-3, China’s first reusable rocket, is just a few weeks away, as LandSpace aims to fly its stainless steel launcher before the end of the year. It’s another strong indicator that China’s space industry is ready to challenge the best of the US.”

MORE LIKE THIS, PLEASE:

BEND OVER, NEW YORK: Beards, protests and ‘addiction of revolution’: Mamdani’s time in Muslim Brotherhood-ruled Egypt.

Mamdani wrote an article in August 2013 for the Bowdoin College student newspaper about his time in Egypt that summer, explaining how he had grown (and then soon shaved off) a thick beard that he was repeatedly told made him look like a supporter of the Muslim Brotherhood, how he grew to understand the “addiction of revolution [and] of protest” as he saw groups gather against the failed rule of the Muslim Brotherhood, how his Arabic language professor in Cairo was a supporter of the Muslim Brotherhood, and how he left Egypt in the wake of the ouster of Muslim Brotherhood leader Mohamed Morsi out of concern that he — as a foreigner — might be targeted by the Egyptian military or its supporters.

He seemed critical of the Muslim Brotherhood’s rule during his time in Egypt, but seemed even more critical of the Egyptian military — particularly the Supreme Council of the Armed Forces (SCAF). He was also critical of the “fulool” — described as remnant supporters of the former regime of longtime Egyptian president and military strongman Hosni Mubarak — and urged people not to be fooled by their efforts.

The future mayoral candidate also seemingly questioned the wisdom of the decision by the Egyptian Revolutionary Socialists to join in protests against the Muslim Brotherhood, asking if a socialist revolution would really be easier with the Egyptian military back in charge.

Everything always circles back to the revolution.

HMM: Meta slashes jobs in its AI operations.

The company concluded that its long-standing AI efforts had become overly bureaucratic and hopes the reorganization will create a more agile operation, according to an internal memo seen by Axios.

“By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact,” Meta chief AI officer Alexandr Wang wrote in the memo.

Driving the news: Meta is cutting roughly 600 positions out of the several thousand roles within Meta’s superintelligence lab.

The cuts will affect the company’s FAIR AI research, product-related AI and AI infrastructure units, while sparing the newly formed TBD Lab unit.

U.S. employees will learn by 7am Pacific time Wednesday whether their jobs are affected, Wang said in the memo.

The company is encouraging affected employees to apply for other jobs within Meta and expects most will find another position internally.

More:

Between the lines: CEO Mark Zuckerberg grew concerned several months ago that the company’s existing AI efforts weren’t leading to needed breakthroughs or improved performance.

That conclusion led to this reorganization, the launch of TBD Labs, and the pricey hiring binge that coincided with Meta’s $15 billion investment in Scale AI and the hiring of Wang.

Meta doesn’t seem to know quite what it’s doing.

KRUISER’S MORNING BRIEFING: Too Bad ICE Agents Can’t Round Up Dems Who Are Trying to Get Them Killed. “There were always elements in the Democratic Party that fancied turning the occasional criminal into a cause célèbre. Those Dems were on the fringes of the party back in the day. As we are all aware, the Democrats are all fringe these days. They’re also not at all selective about the criminals they support anymore — they like almost all of them, especially if they come from other countries.”

PEACE IS GOOD FOR BUSINESS: Treasury Sanctions Major Russian Oil Companies, Calls on Moscow to Immediately Agree to Ceasefire.

As a result of today’s action, all property and interests in property of the designated or blocked persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked persons.

Violations of U.S. sanctions may result in the imposition of civil or criminal penalties on U.S. and foreign persons. OFAC may impose civil penalties for sanctions violations on a strict liability basis. OFAC’s Economic Sanctions Enforcement Guidelines provide more information regarding OFAC’s enforcement of U.S. economic sanctions. In addition, financial institutions and other persons may risk exposure to sanctions for engaging in certain transactions or activities with designated or otherwise blocked persons.

In addition, foreign financial institutions that conduct or facilitate significant transactions or provide any service involving Russia’s military-industrial base, including any persons blocked pursuant to E.O. 14024, run the risk of being sanctioned by OFAC.

That ought to pinch, but maybe not as much as Ukraine’s “kinetic sanctions.”

SIGN OF THE TIMES: CBS News boss Bari Weiss seen with bodyguards amid heightened security concerns.

Weiss had guards described as “beefy” and “chiseled” as she attended a conference at the New York Historical Society put on by private equity giant RedBird Capital.

The source said the detail was hired because “there are enhanced security concerns.”

“It’s highly unusual for a news executive to have six bodyguards,” a former network exec told The Post.

Weiss, the 41-year-old co-founder of the Free Press who recently sold her newsletter to Paramount Skydance for a reported $150 million, seemed to be in good spirits as she entered the venue on Manhattan’s Upper West Side.

Weiss was photographed by Breaker News as she was surrounded by a protective detail that formed a “ring” around the new CBS News boss — including one bodyguard who was described as having “chiseled looks” and a “buff physique” reminiscent of Hollywood hunk Hugh Jackman.

Looks aside, Weiss is smart to have all that protection — and even though she’s a lefty, she certainly doesn’t need it from conservatives.

JON CALDARA: Colorado’s policy laboratory now staffed by mad scientists.

For decades, Colorado has served as the nation’s favorite guinea pig — a testing ground for policies so bold, so idealistic and so occasionally boneheaded other states quietly thanked us for jumping in the pool first.

What Silicon Valley is for apps, Colorado is for policy experiments. Sadly, when our “beta test” crashes, there’s no “uninstall” button — just another special session.

Colorado was one of the first states to repeal the counterproductive progressive income tax and replace it with a fair, flat tax. This resulted in the current competition between states to get the lowest flat tax. Thus, the population and business exodus from California and New York to Texas and Florida.

We were the first to constitutionally cap government growth with our Taxpayer’s Bill of Rights, or TABOR.

This double-barreled blast of flat tax and expenditure limitation lit Colorado’s economic engine into overdrive for three decades now. So, like trying to bring back polio, there are now efforts to bring back a progressive tax code and repeal TABOR. Of course, bringing back polio would be less damaging.

What’s the vaccine against progressivism? History, evidence, nor logic seem to do much good.

WELL, AT THIS POINT, MAYBE WE JUST OUGHT TO OPEN A THREAD OF NOTHING BUT MAMDANI AS VARIOUS HISTORICAL THUGS…:

INSURRECTION, STRAIGHT UP:

Via AG Hamilton, who adds: “This is dangerous and wrong. It’s insane that lawmakers are trying to undermine enforcement actions like this, but even more so when you consider the recent attacks on ICE agents. What happens when someone uses this tracker to ambush agents?”

Nothing that Democrats aren’t willing to enable, apparently.

MIDDLE EAST: Gaza is Divided and Could Remain That Way Unless Hamas Disarms.

So Hamas is thinking they can retain control of Gaza while reconstruction happens and I have no doubt there plan is to siphon off money for legitimate projects and use it to rebuild their tunnels and infrastructure in preparation for the next attack on Israel. But what Kushner is saying is that any part of Gaza controlled by Hamas won’t be reconstructed. Instead, that money will only flow into the areas controlled by the IDF. If this drags out, you could essentially have two Gazas. The one under IDF control would be rebuilt and presumably full of people and the one held by Hamas would remain an area full of rubble with no investment to improve it.

I’m sure Hamas can steal construction supplies the same way it stole food supplies, but this plan might actually make things pretty difficult for them.

The locals ought to appreciate Israeli governance and international development, but at least for now, that’s not the way to bet.