Author Archive: Stephen Green
February 23, 2024
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.”
ON THE PAYROLL: Biden’s Climate Bill Has Helped Communist China
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…
February 22, 2024
PAULA BOLYARD: Slouching Towards Gomorrah: Only We Can Stop It.
ANYTHING BUT GIVE UP THE NARRATIVE: Disney Exec Blames Woes on Racist, Sexist Fans.
WOEING: Bye, Bye Boeing: Here Comes China’s Comac. “Maybe it will take longer than Boeing hopes for the Comac C919 to gain widespread acceptance. But now that Boeing has consigned itself to Airbus’s crumbs, it’s a matter of when not if Comac squeezes Boeing from the bottom just as hard as Airbus does from the top.”
MY HOMETOWN: Colorado town unanimously declares non-sanctuary status as nearby Denver grapples with migrants: ‘No room.’ “‘The goal is to make sure that Denver knows that we will not be accepting any busloads of migrants into our community. The main reason is that we don’t have a budget that matches theirs, and we won’t utilize taxpayer funds for the support of what they’ve decided to take on themselves as a self-declared sanctuary city,’ Mitch LaKind, the mayor of Monument, Colorado, said Wednesday.”
WILD: China’s Abandoned Levittown McMansions. “Another dispatch from one of China’s ghost city developments, but this one with a twist: All the homes were theoretically designed for rich people, but I’m having a hard time figuring out why they would want them.”
IT’S NICE TO HAVE CHOICES BUT THIS STILL ISN’T MUCH OF ONE: Beyond Meat Promises Their New Fake Meat Will Suck Less.
THE ACTUAL CAUSE HAS NOT YET BEEN RELEASED, AND TRAGIC IN ANY CASE: Nex Benedict – non binary Oklahoma teenager – did NOT die from injuries sustained in school fight, cops say.
SARAH HOYT’S SHOCKED FACE COULD NOT BE REACHED FOR COMMENT: Joe Biden’s Brother’s Testimony Was Rife with Contradictions.
THE NEW SPACE RACE: SpaceX seeks a waiver to launch Starship ‘at least’ nine times this year.
SpaceX launched its first Starship vehicle, which is the largest rocket ever built and is intended to eventually be fully reusable, in April 2023. That flight caused serious damage to the launch site near Boca Chica Beach and raised environmental concerns after it kicked up large chunks of concrete and dust into the surrounding wetlands. Coleman said the anomaly investigation and regulatory review process after that flight took about six months, which he believes is commensurate with the work involved.
The company’s second launch attempt in November was more successful, as the first-stage booster, Super Heavy, had a mostly nominal flight, and the Starship upper stage managed to separate from the booster before it experienced an anomaly and was lost. There was no damage on the ground this time. The work entailed by the FAA for this anomaly review was about one-third as much, Coleman said.
SpaceX founder Elon Musk has said his company is now targeting early to mid-March for the third launch attempt of Starship. This flight of the highly experimental vehicle, Musk said, has a reasonably good chance of successfully reaching orbit. Coleman said that, from a regulatory standpoint, that timeline sounds “about right.”
Would it be presumptuous to add a “Faster, please?”
SKYNET DOESN’T APPROVE OF YOUR ATTITUDE: What the Hell Went Wrong with Google Gemini? It Isn’t What You Think. “I don’t believe that there’s anything sinister going on here. Google CEO Sundar Pichai wasn’t sitting at his computer in the days before the image function went live, laughing, ‘MUAHAHAHAHAHA! At last, I have perfected the No White Men algorithm!'”
EVERYTHING IS GOING SWIMMINGLY: America’s housing affordability crisis makes a comeback after a brief respite. “Buyers and sellers came off the sidelines in December when the Fed signaled it would lower interest rates three times in the next year, but now some are getting cold feet because the Fed indicated that rate cuts may come later than expected.”
I wouldn’t call a month or two a respite — more of a blip.
REMEMBER WHEN BIG BUSINESS USED TO MAKE FUN OF COMMIES? THE ’80S WERE AWESOME: Congressmen Bash Google AI for Refusing Image of Tiananmen Square. “Hawley reacted to Miller’s post by slamming Google and all CCP-pandering tech companies. ‘Google AI refusing to tell the truth about Tiananmen Square. When is Congress going to wake up and realize these tech companies are totally compromised by China. They’re killing our kids while vomiting Communist propaganda,’ he stated.”
The Eighties:
WHAT WILL HE TURN ALL THAT CASH INTO? Jeff Bezos Sells More Amazon Stock, Reaching $8.5 Billion This Month.