Author Archive: Stephen Green
May 13, 2024
HMM: China’s economy is headed for a ‘dead-end,’ and Beijing won’t do anything to stop it, scholar says.
“Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese economy of weak domestic consumer demand and slowing growth,” she wrote. “The only way that China’s leaders can see to pull themselves out of this hole is to fall back on pumping out exports.”
The result will be more tension with China’s trade partners as cheap manufactured goods continue to flood markets, while the Chinese people will turn gloomier, causing the government to get more repressive, Stevenson-Yang predicted.
The root cause of China’s economic problems is the Communist Party’s excessive control, which isn’t going away, while its strategies that focus on adding more industrial capacity are counterproductive, she said.
Most economists have recommended that Chinese leaders loosen their grip on the private sector and promote more consumption, which would entail reforming the government—” and that is unacceptable,” she added.
MEANWHILE IN SHANGHAI: China: Old And Busted: 1 Bed, 1 Bath. The New Hotness: 1 Bed In Bathroom.
FLASHBACK (From Ed) to November of 2019: How to Conduct Business with Chinese Companies That See a Dark Future.
COME SEE THE EUGENICS INHERENT IN THE LEFTISM: Climate Professor Thinks We Should ‘Cull’ the Human Population to Reach Emissions Targets.
The latest is Griffin, who founded the $63 billion hedge fund Citadel. In an interview Saturday, Griffin told the Financial Times that Harvard needs to embrace “Western values.” The school’s major donor said the campus crisis is a byproduct of a “cultural revolution.”
He said the US had “lost sight of education as the means of pursuing truth and acquiring knowledge” over the past decade.
“The narrative on some of our college campuses has devolved to the level that the system is rigged and unfair, and that America is plagued by systemic racism and systemic injustice,” he noted.
Griffin continued, “What you’re seeing now is the end-product of this cultural revolution in American education playing out on American campuses, in particular, using the paradigm of the oppressor and the oppressed.”
“The protests on college campuses are almost like performative art, and we’re not actually helping Palestinians or Israelis with these surreal protests,” the billionaire said, adding that in previous humanitarian crises, Americans would focus on practical aid.
As we’ve pointed out, the campus riots have nothing to do with helping the poor Palestinians. Similarly, adjacent pro-Palestinian protests, shutting critical infrastructure, such as highways, bridges, and airport terminals nationwide, have zero to do with helping these folks and everything to do with collapsing America.
As always.
PERSONNEL IS POLICY: Meet the Jihadi Inside the White House. “What do Students for Justice in Palestine (SJP), the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), and Presidentish Joe Biden’s National Security Council all have in common?”
DON’T GET COCKY: Trump Leads in 5 Key States, as Young and Nonwhite Voters Express Discontent With Biden. “The surveys by The New York Times, Siena College and The Philadelphia Inquirer found that Mr. Trump was ahead among registered voters in a head-to-head matchup against Mr. Biden in five of six key states: Michigan, Arizona, Nevada, Georgia and Pennsylvania. Mr. Biden led among registered voters in only one battleground state, Wisconsin.”
This is when pollsters should be narrowing their focus to likely voters but with widespread mail-in balloting, I’m not sure what the difference is any longer between likely voters, registered voters, and ballots that went out wherever and came back in at a convenient time.
KRUISER’S MORNING BRIEFING: A Veritable Buffet of Conservative Delights. “To devoted Morning Briefing readers hoping for Kruiser’s usual serving of Polish Name + Random Action + Equally Random and Ornate Object – Expected Outcome, I, too, feel the sting of disappointment at learning I’m filling in today. Kruiser is in New York City celebrating his daughter’s graduation, and we should all say a Hail Mary that he return to his desert hermitage relatively soon, lest he be swept away by The Big Apple’s current of bright lights and raw sewage into the abyss of comedy clubs and bad politics.”
PEOPLE TEND TO GO WHERE THEY’RE WANTED: Police Flee High Crime California For Texas. “Sounds like there’s a grand bargain to be had: California sends Texas all it’s good law enforcement officers, and in return Texas sends California all the homeless drug addicts and illegal aliens so beloved by the Democratic Party over ordinary, law-abiding citizens.”
THEY’RE PROBABLY TRYING TO CREATE OPTICS FOR THE GOP AS UGLY AS THE DEMS’ LIKELY REPLAY OF CHICAGO ’68: Secret Service Won’t Budge in Moving Security Zone Farther From GOP Convention in Milwaukee. “Republican officials met with the Secret Service and strongly urged them to move the free speech zone further than a quarter mile from the venue. The agency refused.”
COLUMBIA: Columbia faces suit for not protecting custodians from ‘bratty’ agitators.
The union is “exploring legal action against the university and the Hamilton Hall occupiers,” wrote Samuelson in a letter to Columbia University President Minouche Shafik, reports Greg Norman. The union demanded the names of protesters arrested in the building.
Custodian Mario Torres, 45, was photographed pushing one of the intruders against a wall. He was trying to “protect the building,” he told Francesca Block of the Free Press. “He had a Columbia hoodie on, and I managed to rip that hoodie off of him and expose his face.”
The intruder was “a 40-year-old trust fund kid named James Carlson,” writes Block. He was charged with five felonies, including burglary and reckless endangerment.
He found out.
May 10, 2024
DON’T MESS WITH TEXAS: Paxton Sues NGO For Aiding Illegal Alien Invasion. “Texas Attorney General Ken Paxton took time out from his busy schedule of suing the Biden Administration to sue an NGO aiding the Biden Administration’s illegal alien invasion.”
FLORIDA MAN FRIDAY [VIP]: He Bit Off More Cop Than He Could Chew. “It’s time for your much-needed break from the serious news and this week we have Florida Man’s Hannibal Lecter impersonation, the world’s most brazen shoplifter, and the lamest police chase in Texas history.”
SO EGREGIOUS EVEN MARK ZUCKERBERG (BRIEFLY) TRIED TO RESIST: We’re Only Just Beginning to Understand the Extent of Biden’s Censorship Regime.
BUT IT’S (D)IFFERENT WHEN THEY DO IT: Biden Administration Is Now Under Investigation for ‘Election Interference.’
THEY HAD NO BUSINESS JUMPING IN THE FIRST TIME: Corporate America Is Sitting Out the Trump-Biden Rematch. “Some CEOs are privately drawing up plans to tell employees not to expect comments on political matters in all-hands sessions. Others are reconsidering common election initiatives, such as get-out-the-vote drives, fearing those could be viewed in the current moment as partisan. A number of companies are also taking a harder line on workplace activism after long tolerating dissent.”
KRUISER: Trump Derangement Syndrome Meltdown of the Week: Pity Poor Mexico Edition. “Word of Mexico’s success in shipping people northward spread, and now people from all over the world are jockeying for position at our porous southern border. They’re all in a dead panic now about the prospect of Trump hanging a sign that says, ‘Go home, the other guy is gone,’ next January.”
I ORDERED A BACKUP 28-OUNCE BOTTLE LAST NIGHT JUST IN CASE: Sriracha shortage coming? Company pauses production until after Labor Day.
ROBERT SPENCER: Biden Regime’s Department of Education Sues Columbia University, But Not For What You’d Expect. “Its civil rights investigation is not about the mistreatment of Jewish students, but of Palestinian students.”
Honestly, that’s exactly what I expected.
I HAD BEEN ASSURED BY THE VERY SMARTEST PEOPLE THAT MOUTH-BREATHING RED STATERS DIDN’T HAVE THE ATTENTION SPAN TO MAINTAIN A BOYCOTT: Bud Light sales still falling as Modelo, Coors fight to keep their gains.
Revenue for Anheuser-Busch jumped 2.6% to $14.55 billion from higher prices, but volume sold dropped 0.6%, though it was less than Wall Street anticipated. The largest decline came from North America, where volume dropped 9.9%, largely due to sales of Bud Light.
Sales to retailers and wholesalers were down 13.7% and 10.7%, respectively, in the US.
“We’ve lost a whole generation of hardcore Bud Light shoppers,” Bump Williams of Bump Williams Consulting told Yahoo Finance. “It’s going to take us at least 10 years to try and recapture what we lost in one year.”
Williams said AB InBev will have to “buy” shoppers. As Gen Zs grow up and turn 21, they’ll turn to brands that made an impression on them in their younger years.
“They’re not going to remember any of that stuff [regarding the boycott]. When they come into the marketplace, they’re going to say, ‘Oh, boy … I know that I liked their advertising … I’m going to go grab one,” Williams added.
They could start by moving their marketing division back to St. Louis from New York — and hire locals.
ONE NEVERTRUMPER EVEN SAID HE’D BUY THE RED HAT AND GOLD SNEAKERS: Did Biden’s Love for Hamas Just Lose Him the Jewish Vote?
DIVERSITY IS OUR STRENGTH, NETHERLANDS EDITION: Girl, 14, ‘gang-raped by up to ten children aged 11-16 was taken to a park by her boyfriend to be “loaned out” for sex assaults more than once, with the attacks filmed on their phones’ “Prosecutors arrested ten suspects aged between 11 and 16 – all reported by local outlets to be boys of ‘immigrant origin’ – and hauled them in for interrogation.”
MEANWHILE, OVER AT VODKAPUNDIT [VIP]: Somebody Needs to Sanction Biden for His Support of Terrorism.
THE NEW SPACE RACE: Boeing files notice to lay off more than 100 employees in Huntsville, Alabama. “Local media outlet WHNT said Boeing, which employs more than 3,000 people in Huntsville, planned to cut jobs because of delays related to the SLS Artemis mission, with NASA reportedly pushing back its Artemis II and III launches.”