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  • France Runs Low on Cash: Auditors Expose Lost Control of Welfare Spending, IMF Demands Cuts

    France Runs Low on Cash: Auditors Expose Lost Control of Welfare Spending, IMF Demands Cuts

    France’s Failing Finances: The Court of Auditors Drops a Liquidation Bombshell

    Picture this: a bustling nation, a government fiending for cash, and an audit office that’s less “friendly” and more “messsage.” The Cour des Comptes (literally, the “Court of Auditors”) just served up a stark heads‑up about France’s welfare spending. The message? Money is running out, and the burn‑rate is spiralling.

    What the Council is Saying

    • Welfare is a Yo‑Yo. Those cash‑flow lines keep stretching, and the Court doesn’t see a break‑down page in sight.
    • Liquidity Crisis on the Horizon. Expect dry pockets, budget crunches, and an overall “coming of age” for the national economy.
    • Urgent Stop & Go. The Court wants quick fixes—no more excuses, just fresh coins.

    Why It Matters

    France’s people rely on welfare, yet the financial infrastructure is wobbling. If the situation goes unchecked, the French public could face a painful shift: less social safety nets, more boat‑loads of paperwork, and maybe even a bit of a “lost‑jar” moment for folks who don’t have a safety net.

    What We Can Do
    • Call for smarter budget tweaks—think “Got more, spend less”!
    • Check the spending pipeline—make sure it’s flowing, not leaky.
    • Maybe bring in new funding tools—yes, we are all about that innovation & investment.

    In short: the Court of Auditors has slammed the brakes on France’s current spending trajectory. Time to get the money on its feet again or face a hard washout that could rip not just the government’s pickle, but the everyday lives of many French citizens.

    France’s Fiscal Blues: How We’re Tying Up Money for 2027

    What the Auditors Are Saying

    The Court of Auditors’ latest report—hand‑picked by Politico—has a pretty blunt headline: welfare spending is “out of control.” The kicker? The deficit could wipe France clean by 2027 if we keep going on this course. So, buckle up; the financial apocalypse might be closer than we think.

    President Pierre Moscovici’s Wake‑Up Call

    “Let’s reclaim the reins. In 2023‑2024, our public finances slipped out of arm’s reach,” the Court’s top boss told RTL. He’s basically saying the budget’s got a runaway runaway tumble.

    Government Forecasts vs. Auditor Reality

    • 2024 Social Deficit – €15.3 bn expected.
    • 2025 Social Deficit – projected to spike to €22.1 bn.
    • Auditors claim even those hefty numbers are overly optimistic, pointing to inflated growth hopes and tax‑cut bandaging.

    The Hidden Cast of Overlooked Costs

    What’s missing from the headline chatter are the real figures for our growing immigrant crowd: roughly €25 bn per year isn’t often counted in the usual stats, because many those with migration roots hold French citizenship—and that footnote dodges the big line item. In short, a sizable chunk of the budget boost is coming from a group that the media barely whispers about.

    Deficit Drama

    • Last year’s deficit hit 5.8 % of GDP—way above the EU’s 3 % ceiling.
    • Even with promised cuts, the gap is slated to shrink only to 5.4 % by 2025, and the sweet spot of 3 % won’t arrive until 2029.

    EU & IMF: The Safety Nets Squeezing Out a Tightrope

    Both a pan‑European watchdog and an international lender shouted a big warning: stop the welfare spree and dial in pension reforms. Last week, the IMF specifically urged France to prune its social spending like it’s over‑grown ivy threatening the government’s foundation.

    Bottom Line

    France’s finances are on a disaster trajectory. Control the squeeze, trim the excess, and maybe stop feeling like you’re driving for 2027 on a one‑way freeway that ends in a wall of bills. Time to tighten up, because the fiscal future looks a bit too bright to be a good thing.

  • US Trade Deficit Expands as Exports Reach Record Low Since COVID Lockdowns

    US Trade Deficit Expands as Exports Reach Record Low Since COVID Lockdowns

    When the Trade Deficit Broke the Bakery: May Shocker

    In a headline‑worthy surprise, the U.S. trade gap blew out of proportion in May. Instead of a polite 11.1% uptick to a tidy $96.6 billion, economists were left scratching their heads – the actual figure overshot the $86.1 billion forecast by a wide margin.

    What Happened?

    • Exports took an unprecedented plunge. This downturn is the steepest drop since the pandemic began, meaning fewer American goods hit foreign markets.
    • Imports stayed stubbornly steady. The flip side of the story shows foreign goods continuing to stream into the U.S. at roughly the same level as before.

    Why Should You Care?

    Every $100 a country exports can draw outside capital. When that amount shrinks, it’s like a wallet that’s suddenly lighter. For consumers and businesses alike, a widening deficit can ripple through everything from job prospects to the price of everyday stuff.

    Bottom Line

    With the U.S. trade deficit growing bigger than expected, it’s a clear sign that the international economy still feels the shockwave of the pandemic’s long‑haul effects. Stay tuned—future months may shake things up even more.

    Export Alert: A Big Drop in May

    Blow your whistle for a quick snapshot: U.S. merchandise exports took a 5.2% tumble last month, landing at $179.2 billion. That’s the steepest dip we’ve seen since May 2020—so, basically the end of the “Great Export Bounce” period.

    What’s Slipping Away?

    • Industrial supplies are feeling the squeeze, especially crude oil shipments.
    • Other goods? They’re slow‑moving, but the oil slide is the headline driver.

    Why the Shake‑Up?

    Think of it like a sudden draft in the middle of a windy day—just when trade was starting to gust upward. Market conditions, global demand shifts, and a bit of that classic “cross‑border hiccup” all conspired to cool the export engines.

    Bottom Line

    If you’re tracking the U.S. trade wave, keep an eye on the industrial supply corridor. A steep decline in oil exports is the quiet “whoops!” that tells us the story of the market’s pulse.

    U.S. Imports: A Calm After the Storm

    Even after last month’s historic plunge, imports have basically stayed where they were, clocking in at roughly $275.8 billion. It feels like everything’s finally put back in its rightful spot—no wild swings, just steady numbers.

    US Trade Surprises: The Tariff Countdown

    According to Bloomberg, the numbers aren’t adjusted for inflation, so take them with a pinch of salt (or a dash of extra seasoning – we’re talking about the dairy aisle, not GDP!). In Q1, American companies stocked up like a squirrel before winter, hoarding foreign goods just to beat the tariffs that President Trump rolled out.

    And guess what? The tariff front‑running is officially over—no more sneaking around those duty‑free cliffs.

    Why the Trade Deficit Means Less Growth

    • May shows a bigger deficit: So the old expectation that trade will push the economy might be a bit overrated.
    • Federal Reserve Bank of Atlanta’s GDPNow estimate suggested net exports were adding over 2% to Q2’s GDP.
    • Reality check: Those numbers might not be as powerful as we thought.

    Stay tuned for the next update—because the market is swimming in surprises, just like a pond full of rubber ducks!

  • Biden’s Health Decline Surprises Analysts, Says Comer

    Biden’s Health Decline Surprises Analysts, Says Comer

    What Happens When a Rep Says the Cover‑Up Is More Dramatic Than a Soap Opera

    VigilantFox.com just dropped the official statement from Rep. Comer, and boy—do we have our eyes glued to this. The cover‑up isn’t some whispered “Oops!” mishap; it’s a full‑blown, under‑the‑table megathon.

    • We’re talking a glossy, smoothed‑down operation that’s way bigger than the small “let’s keep it quiet” idea anyone had.
    • Comer’s dropping hints, but the concrete pieces are still hiding like shy cats in a dark alley.
    • Public response? “Shockwave!” “What’s the play‑by‑play?” “Is this the sequel to the last drama?” The official chatter is all over the place.

    Why All This Fuss? What We Know So Far

    Picture this: a hidden agenda having more layers than an over‑cooked lasagna. Rep. Comer says it’s a depth‑first kind of mystery—layers upon layers, like a pyramid of secrets. Where there was only one story before, now — oh wow — a full story arc spanning an entire novel.

    What the Future Holds

    Rumor has it, if we keep listening, we’ll hit a dramatic twist when the evidence spills. Until then, keep those eyes peeled, folks.

    Is America Igniting Justice or Fallout? A Whistleblower’s Bold Claims

    In a compelling round of tweets and committee drafts, Rep. James Comer says the upper‑court shuffle of Joe Biden’s last 90 days isn’t just a memo that “he couldn’t step” but a deeper plot to hide the former president’s true state of mind.

    Internal Footage Turned Fashionable Evidence

    • Emails that made it look like he was fine but whispered something else.
    • A memo that threatens a “short flight of steps” would be a death knell for a ship‑board walk.
    • Slides supporting the claim that “everybody inside knew the story.”

    What the Group Wants

    “These documents prove the cover‑up,” Comer posts, “and show that we’re dealing with an extensive thought‑chain of secrecy.” He notes that a committee is inspecting the autopen used to sign orders and pardons.

    Potential Fallout

    If the court decides the autopen is a fraud, Biden’s final actions as president could be withdrawn from history. So, what stands at the very edge of constitutional order?

    In the ultimate showdown, the verdict will echo far beyond Washington’s halls.

  • "I Bought A Bugatti From TEMU"

    "I Bought A Bugatti From TEMU"

    Our readers are smart enough to know that buying “luxury” items from a Chinese e-commerce site like Temu is just asking to get scammed. Unfortunately, millions of consumers aren’t that savvy.

    Case in point: one YouTuber deliberately threw away tens of thousands of dollars – not to prove a point, but to chase clicks – just exposing the pure bullsh*t on Temu. 

    YouTuber Carter Sharer paid $30,000 for a “Bugatti” from Temu. Everyone knows that these supercars cost millions of dollars, with a single rim and tire exceeding $30,000. But that didn’t stop Sharer, and months later, the “vehicle” arrived at his doorstep in a massive wooden crate. 

    Unboxing the China-Bugatti…

    The YouTuber and his pals then realized the vehicle was entirely made of foam.

    The quality of workmanship of the China-Bugatti was very poor. 

    Watch the full unboxing of the China-Bugatti:

    The lesson to be learned is that sellers on Temu and other shady Chinese e-commerce websites shouldn’t be trusted.  

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  • Unqualified Secret Service Snipers Protected President, Inspector General Finds

    Unqualified Secret Service Snipers Protected President, Inspector General Finds

    Authored by Zachary Stieber via The Epoch Times,

    Secret Service snipers who worked at events involving President Joe Biden in 2024 failed to complete annual requirements showing they can hit targets, an inspector general said in a report published on Aug. 28.

    Countersnipers are required to prove annually that they can shoot accurately at night and during the day. While all countersnipers met nighttime requirements in fiscal year 2024, just 17 percent completed the mandated daytime shooting in the first quarter, and none did in the second quarter, according to the Department of Homeland Security Office of Inspector General report.

    The countersnipers who did not meet the requirements worked at 47 events during the 2024 campaign, including events involving Biden. Those were a wake in Dallas, Texas, on Jan. 8, 2024; campaign receptions in New York City on Feb. 7, 2024; and a speech in Manchester, New Hampshire, on March 11, 2024.

    Officials who assign countersnipers to events do not always check to make sure they meet qualifications, according to interviews the inspector general’s team conducted. Some said they do check, but still might assign countersnipers who have failed to recertify.

    Countersnipers who did not meet the requirements, meanwhile, told the team that they thought nighttime training could serve as a substitute for daytime training.

    “It is unclear why the counter snipers believed the substitution was allowed,” the report stated.

    “The counter snipers also stated that the firing range was not always available when they needed it and that conflicts with schedules, inclement weather, and a high operational tempo prevented them from going to the firing range and requalifying.”

    The inspector general recommended that the Secret Service develop and implement a process that ensures countersnipers meet requirements.

    The Secret Service told the team that there is already a process in place and that it has updated the rules to clarify that countersnipers must qualify each quarter in either day or night shooting.

    “Secret Service did not address the deficiency we found, namely, counter snipers who did not meet their weapon requalification and were assigned to protective operations,” the inspector general’s office said. It marked the matter open and unresolved.

    Staffing Issues

    The investigation also showed that the Secret Service’s Counter Sniper Team was not adequately staffed. It was said to have staffing 73 percent “below the level necessary to meet mission requirements.”

    The lack of adequate staffing led to countersnipers working 247,887 hours of overtime from 2020 to 2024.

    The Secret Service also had to utilize snipers from other Department of Homeland Security divisions during the 2024 campaign and for President Donald Trump’s inauguration.

    The Secret Service has been hampered by a self-imposed requirement that it only hire from the Secret Service’s Uniformed Division, the watchdog said. And it only accepts officers who have worked for the division for at least two years.

    The Secret Service cut that time from two years to 18 months, officials said.

    The Secret Service has also boosted recruitment incentives and retention bonuses in recent months.

    The agency said it is also developing a new model for staffing that will look at potentially recruiting snipers from law enforcement agencies and military services. That analysis is expected to be completed in August 2026.

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  • Musk Reportedly Scales Back 'America First Party' Plans In Possible Détente With Trump

    Musk Reportedly Scales Back 'America First Party' Plans In Possible Détente With Trump

    There are emerging signs that Elon Musk and President Trump have reached a détente – well, at least for now. 

    The public bickering has stopped, tensions over Trump’s ‘Big Beautiful Bill’ have faded, and both men have found common ground in backing the deployment of federal troops to curb violent crime across Washington, D.C., after DOGE’s ‘Big Balls’ was injured in an attack. 

    Now, a new report from the Wall Street Journal, citing sources, says Musk has dialed back plans to launch a political party to challenge Trump ahead of next year’s midterms.

    Recall that Musk had called for the ‘America First Party’ to challenge the Washington ‘uniparty’ following Trump’s passage of the BBB in early July. He was also infuriated by the failure to codify a broad range of DOGE cuts.

    The tit-for-tat social media fight between Musk and Trump was fierce between June and July: 

    Here are key points from the WSJ report (citing sources):

    • Focus on Tesla/SpaceX & GOP Ties: Musk is prioritizing his companies and preserving his relationship with Vice President JD Vance, seen as Trump’s political successor. He has privately admitted forming a party could strain that alliance.

    • Future Support for Vance: Musk is considering channeling financial support into Vance’s potential 2028 presidential run, after spending nearly $300 million to back Trump and Republicans in 2024.

    An excerpt from WSJ:

    As he has considered launching a party, the Tesla chief executive officer has been focused in part on maintaining ties with Vice President JD Vance, who is widely seen as a potential heir to the MAGA political movement. Musk has stayed in touch with Vance in recent weeks, and he has acknowledged to associates that if he goes ahead with forming a political party, he would damage his relationship with the vice president, the people said.

    Musk and his associates have told people close to him that he is considering using some of his vast financial resources to back Vance if he decides to run for president in 2028, some of the people said. Musk spent close to $300 million to support Trump and other Republicans in the 2024 election.

    WSJ was careful to note that Musk or his team didn’t respond to requests for comment. So it’s only a matter of time before Musk comments about the story on X.

    Interestingly, WSJ sources reported that the America First Party canceled meetings with third-party organizers, including notable figures such as Andrew Yang and Mark Cuban. Yang and Cuban are weak men in the era of ‘MAGA’ – probably for the best. 

    Steven Nekhaila, chair of the Libertarian National Committee, confirmed to WSJ that Musk’s team has had an “eerie silence” and “doesn’t seem like anything has been in action, neither at the state level or at the ground level.” 

    Was Musk’s America First Party merely political theater, as the billionaire pivoted from neutering the Democratic Party through DOGE strike teams in federal agencies back to the private sector, aiming not to alienate customers amid weakening Tesla sales?

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  • Urban Planning: Why Government Can’t Deliver

    Urban Planning: Why Government Can’t Deliver

    City Planning: The High Stakes Game of Public Space

    Picture a city like a giant, buzzing organism where every decision plants a seed that ripples through streets, parks, and homes. City planning isn’t just a bureaucratic chore; it’s the invisible hand that molds the rhythm of urban life.

    The Unseen Problem of Externalities

    Think of externalities as that annoying smell from a neighbor’s dumpster that everyone thinks is their problem, yet it’s nobody’s business to fix. In the real world, the market has no incentive to tidy up when it only feels the cost if it becomes a public nuisance. A messy front yard doesn’t just ruin curb appeal—it’s a collective headache that no one pays to resolve.

    Streets: The Great Roller Coaster

    • Creator’s effort: Building a street feels like a feat of engineering, but the big payoff goes to the commuters and pedestrians who use it.
    • Network effect: Once a road exists, its value snowballs beyond the original builder’s vision.

    When Government Intervention Sings or Screams

    Governments are the ultimate swingby—sometimes they’re the heroes that assemble the perfect playground, sometimes they become the overambitious tower that collapses. Most decisions are a mixed bag: some policies clinch a win for the community, while others inadvertently shut down a city’s potential.

    Why a One-Person Decision Can’t Cut It

    Urban life is a collaborative dance. A city’s prosperity hinges on dozens—sometimes hundreds—of data points and stakeholder voices. One mayor or mayor’s cousin is simply too small a stage to build a lasting masterpiece.

    Wonky Wins vs. Wild Whacks

    • Wins: Clean parks, mixed-use spaces, equitable transit systems.
    • Losses: Overextension, stifling innovation, rigid bureaucracy that can’t keep up with real-time data.
    • Root cause: It’s the institution’s inherent inability to capture the full spectrum of information that nudges the scale toward loss.

    In the end, the price of a city’s livability is a collective investment from all of us. The secret? Thriving in the messy dance of planning, negotiation, and collaboration.

    Why City Planning From the Ministry Never Hits the Target

    Picture a city where the planners think they’re building the next great workspace, but the residents are suddenly hating the new coffee shop because the espresso machine ran out. Sounds chaotic, right? That’s precisely what happens when government‑led urban planning goes off the rails. Here’s a rundown of the three main potholes in the system.

    1⃣ The “Guess‑What‑People‑Want” Lottery

    Government planners often act as if the public’s preferences are a secret puzzle they must solve without actually asking the folks. Surprises from personal polls or tender strategy sessions would be rare—think of it as a city’s version of a “secret menu.” Even if a survey is conducted, people are notoriously bad at predicting their own tastes five years from now. A trend that’s hot today can be downright stale tomorrow.

    • Fluctuating Wants: From walkable streets to the sweet distance of suburbias, people’s priorities shift faster than a commuter’s schedule.
    • Uncertain Data: Even accurate data today might be obsolete in the next four years, leaving planners chasing a moving target.
    • Practical Chaos: When planners misread the electorate’s cravings, a city ends up lying flat or pumping commuters into endless traffic jams.

    2⃣ Feedback Loop – The Place Where History Gets Ignored

    Government officials often boast “We’re better than City A, City B and City C,” but they don’t know that each of those places has a completely different climate, social vibe and legal maze. It’s like comparing the performance of a cat in Antarctica to a dog in the tropics—nothing to do with the animal’s talent, just the surroundings.

    • Misleading Benchmarks: A success in one region can be a disaster in another due to mismatched environmental steam.
    • Over‑Denial of Progress: Cities may think they’re failing but are actually doing a whole lot better than they used to.
    • Thirty‑Factor Tango: The real reasons behind a suburb’s success could be a mix of school zoning, crime rates, and the local food truck scene—hard to disentangle on a single policy slide.

    3⃣ The Incentive Puzzle – Planners Playing Politics, Not People

    Votes fly in for hot‑issue candidates (taxes, campaigns, what to do with the park), but city planning isn’t usually on the top of the ballot. Politicians love credit for a slick highway, not a convenient bike path that actually changes life. Because of this mismatch, urban planners sell the “best‑practice” look‑and‑feel of other cities, rather than the unique fingerprint of their own town.

    • Unreal Expectations: The so‑called “easy win” is often a repeat of a generic plan that looked good elsewhere but falls flat in the local context.
    • Demand for Approval: Planners curate ideas that get a thumbs‑up from the mayor or council, not from the future commuters.
    • One‑Size‑Doesn’t‑Fit‑All: The result? A design that feels generic and sometimes downright off‑kilter for the people it’s supposed to serve.

    Bottom Line

    City planning from the bureaucratic top down is like trying to choreograph a dance with a group who can’t remember the moves—leading to mismatched steps.

    For real improvement, planners need:

    • Regular, honest dialogue with residents.
    • Live data that truly reflects on‑the‑ground realities.
    • Incentives that reward a city’s long‑term well‑being, not just the next election headline.

    Sure, it’s not a quick fix. But steering the city’s ship the right way is a marathon, not a sprint—you gotta pick a handie and stick with it!

  • "Art Must Always Tell The Truth"

    "Art Must Always Tell The Truth"

    Popular artist Banksy created a graffiti mural in London depicting the current state of the UK censorship system using the courts to trample the rights of British citizens…

    [SOURCE]

    As ‘sundance’ writes at TheConservativeTreeHouse.com, it did not take long for the authorities to cover the mural and eventually attempt to remove it.

    However, what remained of the artwork was the essential core of the truth.

    I particularly like the fact the govt turned the CCTV camera, so they can monitor who might visit the scene of the criminal dissent.

    Apparently, the British government doesn’t quite see the irony.

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  • Let's Get Ready To Rumble: UFC Cage Match Planned At White House

    Let's Get Ready To Rumble: UFC Cage Match Planned At White House

    Ultimate Fighting Championship CEO Dana White emerged from a White House meeting on Thursday, declaring to his nearly 11 million Instagram followers: 

    We had the meeting at the White House. It could not have gone better. This is going to be awesome. The White House fight is on. I’ll have more details on that in the next couple of weeks, but we got it done today.

    What White was referring to is UFC’s Octagon fight, which is coming to the White House’s South Lawn next year. In fact, the event is scheduled for June 2026, just before America’s 250th birthday celebration on July 4. 

    Here are more details from The Wall Street Journal:

    The initial idea called for the event—a full card featuring men and women—to be held July 4, 2026, as a capstone to America’s 250th birthday celebration. But with so many events already planned, the date shifted to sometime in June, people involved in the planning said. UFC plans to have a large presence in Washington ahead of the event, with several days of fan festivities on the National Mall, which are to include autograph sessions with UFC stars and punching bags for tourists to test their skills.

    Trump spokesman Steven Cheung told the outlet:

    This will be one of the greatest and most historic sports events in history, and President Trump hosting it at the White House is a testament to his vision to celebrate America’s monumental 250th anniversary.

    UFC at the White House represents a new era in America – one that celebrates the youth of “strong men” – in sharp contrast to the Biden-Harris regime years, when all things woke projected from the White House lawn, including transgenders flaunting their fake body parts… 

    … which ushered in a period of toxic wokeism and the dark age of weak men. History reminds us: strong men build nations, weak men destroy them. And America’s young men crave strength and health – not the Democratic Party’s hollow, rainbow-colored messaging of weakness.

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  • US Trade Deficit Shrinks To 2-Year Lows

    US Trade Deficit Shrinks To 2-Year Lows

    The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back on imports after a massive tariff-front-running surge earlier in the year.

    The goods and services trade gap shrank 16% from the prior month to $60.2 billion (slightly better – smaller – than the $61 billion expected)…

    Source: Bloomberg

    The value of imports fell 3.7% MoM while exports contracted by 0.5% MoM…

    Source: Bloomberg

    Total imports fell to their lowest since March 2024 while exports dropped to their lowest since January 2025…

    Source: Bloomberg

    Gold imports plunged to their lowest since 2019…

    Source: Bloomberg

    Finally, we note that China trade has been wild!!

    • *US JUNE GOODS EXPORTS TO CHINA RISE 45.4% M/M

    • *US JUNE GOODS IMPORTS FROM CHINA FALL 6.9% M/M

    Which together make for the smallest trade deficit with China since February 2004…

    As a reminder, these figures aren’t adjusted for inflation.

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  • What Happened? DC Restaurant Activity Suddenly Collapses

    What Happened? DC Restaurant Activity Suddenly Collapses

    Reading over the “Fast Casual Not Immune to Industry Pressures” note this morning via UBS analyst Dennis Geiger, the view is that restaurant demand is uneven, and while casual dining showed resilience with solid results, fast casual players like CAVA have revised outlooks this year and remain cautious on diners, reflecting broader macroeconomic pressures.

    But our focus on Geiger’s note is the reservation and diner activity data collected by research firm OpenTable. Because millions of people book tables through OpenTable across the U.S., the data is a high-frequency proxy for restaurant demand and dining trends. 

    That leaves us with a state-by-state analysis of the latest OpenTable trends for the first half of August, which show solid restaurant activity across the U.S., but a massive outlier in Washington, D.C

    The sharp drop in restaurant activity across D.C. last week is puzzling. Maybe the elites in the nation’s capital slipped away for one last vacation before the school year starts, whether to Ocean City, Maryland, Rehoboth Beach, or the mountains of Western Maryland. 

    But what if the slowdown wasn’t driven by outbound travel at all – but by something else?

    We suspect that President Trump’s deployment of 800 National Guard troops, along with hundreds of federal law enforcement officers, to crack down on years of out-of-control violent crime, homelessness, the drug and overdose crisis, and other signs of decay in a city run by far-left Democrats, may have contributed to the decline in restaurant activity.

    Or maybe those DOGE-driven layoffs are finally starting to bite… definitely something to keep an eye on.

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  • Shellenberger: Democrats Know How to Stop Crime, but They\’re Unwilling

    Shellenberger: Democrats Know How to Stop Crime, but They\’re Unwilling

    DC’s Crime Crisis: The Simple Fix Democrats Are Ditching

    What’s Going On in the District?

    Every officer, resident, and coffee‑shop owner in Washington has noticed the uptick in shoplifting, muggings, and officer‑vs‑mob stand‑offs. Police reports say crime has surged by twenty‑five percent in the past year, and the city’s emergency rooms are roped up waiting for the next surge of injuries. For residents, the street lights feel more like the flickering lights of a horror movie set than a safe neighborhood.

    Enter the “Simple Fix” – A White‑Hat, Straight‑Shoot Solution

    A group of plain‑clothed, neighborhood police chiefs argue that the solution is as obvious as a sunny day: re‑balance the force. Think more foot patrols, fewer gun‑carries, and a “no‑reaction” approach to non‑violent incidents. The plan’s core ideas, in bite‑sized pieces, are:

    • Mixed‑Shift Patrols – keep officers on the streets 24/7, especially during evening hours and 12‑a.m. to 6‑a.m. shifts.
    • Community‑Based De‑escalation – train cops to talk, not shoot. Speaking “with,” not “at” citizens.
    • In‑house Crime‑Data Dashboards – publish real‑time crime maps so residents know exactly where the hotspots are.
    • Kid‑Friendly Police HQ – bring in after‑school programs to keep teens off the streets, instead of banning them.
    • Make‑It-Easy for Reports – one‑click crime reports, not a labyrinth of forms.

    Why Democrats Are Passing Over the Fix

    You’d think that a resurgence in violence would make any Democrat cry. Yet the big political playbook is still full of “there must be more guns” rhetoric. The Democrats who lean more left say the fix is “too small to be significant” – fine. They worry the plan favors “mass policing” over a ‘social justice’ approach that “makes sense” in their gloss. They’re worried about budget cuts or thinking it could lead to “over‑policing” the Black community. The frightening truth is the policy’s futility is not the problem; it’s that they refuse to use it.

    How Do We Move Forward?

    Yes, the fix can feel “too pro‑law‑enforcement” for some. But the neighborhood stake‑holders are saying the best path forward is a two‑tone strategy: keep the pieck that the city needs for public safety while nudging the elected officials to open up the door. Grab your copy of the policy page, put your hand on the “take the policy” button (or the local council’s ballot), and most importantly, hold the officials accountable. Because if we keep ignoring that simple fix, we’re just letting the crime tide wash over us one block at a time.

    And in the end, we’re all rooting for a DC that’s both caffeinated and crime‑free. Let’s make that happen!

    DC’s Crime Dilemma: A Simple Fix That Nobody Adopts

    It turns out the city’s crime woes aren’t a matter of astrophysics – at least not if you want to keep the streets safe. The numbers are on the table, the answer is clear, but the action? Not so much.

    What the Data Are Saying

    • Fear lines up differently: a recent Washington Post poll revealed that Black residents feel twice as worried about crime as White residents.
    • Homicide numbers are alarming: DC’s homicide rate tops every year since 2005 – the only dip was the surge in 2020.
    • Research backs the tweak: criminologists have repeated the same mantra: “More police on the street = fewer murders.”
    • Toolbox comparison: European countries field twice the number of officers per person and enjoy significantly lower crime rates.

    Why the Fix Isn’t Going Papers

    Source: Attorney General Shellenberger. “Clearly, Democrats know how to curb crime. They simply refuse to implement the solution.” 

    But that’s not the full story. The political playbook may be more crafty:

    “Trump’s crackdown isn’t a stunt – it’s a strategy. He aims to win the Black vote by addressing the community’s top concern: high homicide rates.”

    Time to Step Up

    In the end, it feels like a missed opportunity: a straightforward fix that, if acted upon, could make DC communities feel safer. After all, the math never lies – and the solution might just be how many boots you put out on the street.

  • Economic Snapshot This Week: GDP, Core PCE, Durables, Powell, and a Bath of Fed Speeches

    Economic Snapshot This Week: GDP, Core PCE, Durables, Powell, and a Bath of Fed Speeches

    What’s Heating Up This Week

    Grab your coffee, because this week’s news mix smells like fireworks, policy shake‑ups, and a dash of political intrigue. Here’s the low‑down—no fluff, all the highlights.

    Israel‑Iran Showdown Takes the Spotlight

    • Big‑time tension in the Middle East is the headline grabber. U.S. eyes getting involved, so everything else gets a second‑thought.
    • While diplomats try to keep things calm, the rest of the world keeps watching. It’s like a live‑action drama with no script.

    Doctrinaire or Dollar‑Sprinting? NATO’s Defense Bingo

    • Defense Up‑the‑Retail – All NATO members (except Spain) are now committing to top‑lined 5% of GDP for defense. Spain is breathing easier, enjoying a handful of exemptions.
    • The latest draft shifts the full spending spree from 2032 to 2035. Rutte had painted a faster, flashier picture that sent European stocks popping at the start of the year—now, the hype fizzles.
    • Core military spending is 3.5% of GDP; the rest, covering infrastructure and cyber stuff, makes up the remaining 1.5%.

    Financial Shaken‑On (Fed Edition)

    • Powell’s June testimony is the usual go‑to; this time, it lands after last week’s FOMC—so expect less drama.
    • Waller is back in the spotlight, echoing his dovish tone from Friday. He didn’t rule out a July rate cut, and markets are trying to guess whether he could be next Fed chief.
    • Vice‑chair Michelle “Mike” Bowman joined in, calling for a July cut. Result? The dollar nosedived.
    • Bottom line: the Fed is hinting that interest rates might see another dip next month—keep your wallets ready.

    Back‑to‑Back Senate Sessions

    • The “One Big Beautiful Bill Act” (OBBBA) is still in the mix. It could get a vote by week’s end.
    • Key debates revolve around Medicaid, SALT cap reform, and the wiping‑out of clean‑energy tax credits.
    • Economists still predict a 6.5‑7.0% deficit share of GDP over the next three years—no sudden radiation reversal.

    China’s “Big Board” Moves in the East

    • The NPC Standing Committee will run from tomorrow through Friday—think of it like the Chinese version of a boardroom meeting, but with less refreshments.

    Brussels, Ottawa, and Somewhere Else

    • EU‑Canada summit shakes hands on Monday (Prime Minister Carney present).
    • EU leaders gear up for a weekend summit in Brussels—fewer coffee breaks, more policy decisions.

    Market & Data Calendar (Because Numbers Matter)

    • Preliminary June PMIs, U.S. existing home sales, Lagarde speech, U.S. consumer confidence, German Ifo, Canadian CPI.
    • U.S. new home sales, Japanese PPI, Australian CPI, 5‑year U.S. Treasury auction.
    • Final U.S. Q1 GDP numbers, durable goods, Chicago Fed, trade balance, jobless claims, 7‑year U.S. Treasury auction.
    • Core U.S. PCE, personal spending/income, Chinese industrial profits, Tokyo CPI, French and Spanish CPI—give it a quick glance, because that PCE is the big fish in the sea.

    In short, the week is full of policy moves, sharp market signals, and a lingering geopolitical drama that keeps everyone on their toes. Stay tuned, stay sharp, and keep your coffee handy—all that and more are unfolding as the world spins on.

    June 23‑27: A Banking & Market Bonanza Calendar

    Welcome to the whirlwind of July‑style economic updates. Below is your one‑stop guide to the top data releases, speeches, earnings, and auctions happening over the next five days. Grab a coffee — it’s going to be one busy week!

    Monday, June 23 – The Pre‑Picnic Day of Prelims

    • PMIs – The S&P Global shows the US manufacturing PMI at 51.0 (down from 52.0) and services at 52.9 (down from 53.7). European prelims are on the same track.
    • Real Estate – Existing home sales in May jump 1.5% (beating a -1.3% expectation).
    • Fed Fires: Waller, Bowman, Goolsbee, Williams, Kugler, and the ECB’s Lagarde & Nagel all give speeches. “Maybe we can ease rates soon,” says Waller – all eyes on July!
    • Other Highlights – The EU‑Canada summit is on the docket.

    Tuesday, June 24 – The Speech‑Heavy Tuesday

    • US Consumer & Manufacturing – Conference Board’s June confidence hits 100.6 (beat 99.8). Philly Fed’s non‑manufacturing activity and Richmond’s manufacturing index set the stage.
    • Housing & Trade – The FHFA April house‑price index stays flat. Japan’s April CPI receives a light touch.
    • Reserve Central Bites: Powell toys with the House Financial Services committee, and the Fed’s big four (Hammack, Williams, Collins, Barr) rehearse their speeches. The ECB’s Lagarde, Guindos, and Lane join the chorus. The BOE’s Bailey, Greene, Ramsden, and Breeden also speak.
    • Earnings Time! – FedEx and Carnival report their numbers.
    • Auctions – 2‑year US notes are hawked at $69 bn.
    • Other Events – NATO summit wraps up on June 25. China’s NPC stands by till June 27.

    Wednesday, June 25 – Homeball and Tech Talk

    • Housing Market – New home sales in May lag at -4.5% (but a +10.9% last month!).
    • International Hotness – Japan’s PPI services tumble, Australia’s CPI rises, and China’s industrial profits stay bullish.
    • Central Bank Debate – Bailey from the BOE paces before the Senate Banking Committee. Powell’s Senate testimony keeps the Fed’s policy in the spotlight.
    • Earnings Spotlight – Micron Technology shares may soar with a new photolithography push.
    • Auctions: The US 2‑year FRN reopens for $28 bn; 5‑year notes are minted for $70 bn.

    Thursday, June 26 – The Durable Goods Showdown

    • Durable Goods – Preliminary orders jump 15% (boosted by aircraft orders!). Core capital goods see small dips.
    • Industrial Buzz – A $85 bn trade‑balance loss for May, only a modest inventory change.
    • Jobs & Wages – Initial jobless claims sit close to 240 k; continuing claims hold steady.
    • Fed Speeches – Barkin (RIA), Hammack, and the rest of the Fed chorus share their economic outlook.
    • Other Highlights – Europe’s Council in Brussels keeps rolling.
    • Auction – 7‑year US notes sell for $44 bn.
    • Conference Highlights – “Economic outlook!” is the theme at the 2025 Agricultural Summit. (And Kansas City’s Schmid criticizes theory‑based easing at a recent panel.)

    Friday, June 27 – The Personal Finance Finale

    • Personal Income & Spending – Income up 0.3%; spending up a cool 0.1%.
    • Core PCE – The index climbs 0.18% month‑over‑month (2.63% year‑over‑year). The headline PCE follows suit.
    • Consumer Sentiment – Michigan’s final reading sits at 60.7.
    • Fed Finals – Williams grooms a session on the BIS with Professor Reinhart. Cook & Hammack open a housing‑centric conference. The Fed’s DJ lineup finishes the week.
    • Auctions: No new ones today.

    Goldman Insight: The week’s major releases are: the durable goods orders and advance goods trade on Thursday, plus the core PCE inflation report on Friday. The Fed’s gala of speeches, especially Powell’s testimony on Tuesday and Wednesday, keeps everyone on their toes. The week ends with a noise‑free sleeping quality shot down to a “good place” for monetary policy.

    That’s the full scoop. Stay tuned for more updates, and watch those FDIC‑at‑last quotas, ministerial techno‑drone speeches, and the roaring beast of trading volumes!

  • Empire Fed Manufacturing Expectations Dive to Lowest Since 9/11

    Empire Fed Manufacturing Expectations Dive to Lowest Since 9/11

    Factory Forecasts: A Squeeze on the Economy

    Current Conditions

    Despite the sluggish “soft” survey data, the Empire Fed Manufacturing index is showing a grin rather than a frown.

    Since March’s steep drop to a one‑year low, the headline reading has leapt from a stingy -20.0 to a slightly less grim -8.1.

    • Better than the -13.5 that was hanging around.
    • Still negative, meaning factories are working on a deficit of optimism.

    Expectations Are on a Plummet

    While the present situation’s numbers are giving us a boost, the future outlook looks like it fell off a cliff.

    The employment and pricing forecasts are now heading toward the lowest point since the September 11‑month mark.

    Bottom line: factories are breathing a little easier right now, but tomorrow’s outlook is a real slow‑burn scare.

    New York’s Economy Melts into the Cold season

    What’s Steaming up the Economy?

    After a sharp drop in the last month, the business activity has slid a tad more into a slow‑motion dance in April. Prices for feeding the gears have gone up at the fastest rate in over two years, turning a lot of folks’ outlooks less sunny than a 2022 weather forecast.

    • Current material prices rose nine points to 50.8—the highest since August 2022.
    • Manufacturers’ received price indicator hit a two‑year high, showing that the market wants a pay raise.
    • Higher tariffs are throwing a wrench into inflation’s perfect timing.

    Why the Big Red Numbers? 

    These figures aren’t just numbers in a spreadsheet; they’re the whispers of an economy trying to warm up and still keep its cool. With less demand and price hikes still flipping (and turning) the tables, everyone’s feeling the pressure and the future looks less inevitable than a plane leaving the runway.

    New York Fed’s Shipping & Ordering Numbers Take a Chill‑Out

    In a lazy‑step move, the New York Fed revealed that the current new orders index and the shipment index have both shrunk at a slower pace than last quarter. That means the decline in demand is doing a gentle wobble instead of a full‑blown slide.

    What’s the scoop?

    • New Orders – The gauge, which tracks how many fresh product orders are in the pipeline, shows a modest contraction, but only a fraction slower than recent data.
    • Shipments – The shipments index, which monitors how much cargo actually gets moved, also tapers off at a thinned rate.

    Why does it matter?

    Even a tiny slowdown in these metrics can give businesses a breather to regroup. It suggests that while the market’s appetite is still curling, it’s not doing a full collapse, giving firms a window to tweak inventory or boost sales.

    So, while the Fed’s numbers are still waving limp, they’re doing so in a friendlier, less frantic way. That’s like saying, “Hey, we’re still on the decline, but we’re not going to crash our engines—just take a breather.”

    Who’s Got the Hook‑up? The Interviewer Squad Revealed

    Short answer: Not quite. The folks conducting the interviews differ from the University of Michigan survey team.

    What’s the Deal?

    • UMich surveyors are field researchers, digging into the data world with their questionnaires.
    • Our interviewers are a fresh crew – think of them as a new generation of storytellers, swapping questions for “real human” conversations.
    • They’re staffed by different people, at different times, and with distinct skill sets.

    Why the Mix‑up?

    Both groups aim to get the same insight – that big, juicy truth that tells us what people really feel – but they’re like two chefs in the same kitchen: using the same ingredients, yet cooking up dishes in distinct styles.

    Keep in Mind
    • Keep an eye out: the later you jump in, the more likely you’ll encounter a new interview panel.
    • Every name matters – the difference is not about the person, it’s about the perspective they bring.

    So there you have it – different interviewers, same goal, same mission. Enjoy the fresh flavors of their stories!

  • Trump Signs Order Targeting American-Flag-Burning, Desecration

    Trump Signs Order Targeting American-Flag-Burning, Desecration

    President Donald Trump signed an executive order on Aug. 25 that directs the attorney general to prosecute those caught burning the American flag or desecrating it in other ways.

    “If you burn a flag, you get one year in jail,” Trump said.

    “You will see flag burning stop immediately.”

    “The people in our country don’t want to see our flag burned and spit on.”

    As Travis Gillmore reports for The Epoch Times, the order directs Attorney General Pam Bondi to send appropriate cases to state and local authorities and to pursue charges in line with the First Amendment.

    “We will do that without running afoul of the First Amendment,” Bondi said.

    Burning U.S. flags as a form of political protest was popularized during the Vietnam War, leading to the Flag Protection Act of 1968, which outlawed burning, defacing, defiling, mutilating, or trampling the flag.

    A Supreme Court ruling in 1989, Texas v. Johnson, overturned the law and declared the act of flag desecration protected as symbolic speech under the First Amendment.

    “It was a very sad court, a 5–4 decision,” Trump said.

    In that case, a Texas court convicted Gregory Lee Johnson of burning an American flag outside the 1984 Republican National Convention in Dallas after marching with protesters.

    “The government generally has a freer hand in restricting expressive conduct than it has in restricting the written or spoken word,” Justice William J. Brennan wrote in the court‘s opinion.

    “It may not, however, proscribe particular conduct because it has expressive elements.”

    The president said the issue goes beyond speech, as it can lead to violence.

    “When you burn the American flag, it incites riots,” Trump said.

    We give Matt Taibbi the final word on this decision by The White House…

    We cannot have First Amendment rights for me, but not for thee under Trump… we had that for four years under Biden!

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  • Judge Blocks Trump Admin From Banning Illegal Immigrants From Social Programs

    Judge Blocks Trump Admin From Banning Illegal Immigrants From Social Programs

    A federal judge on Sept. 10 ordered four federal agencies to stop banning illegal immigrants from programs such as Head Start, which provides child care for poorer families.

    U.S. District Judge Mary McElroy said the Department of Health and Human Services (HHS), the Department of Justice, the Department of Education, and the Department of Labor must halt, at least for now, efforts to remove illegal immigrants from the programs.

    HHS and other agencies said in July they were reinterpreting a federal law called the Personal Responsibility and Work Opportunity Reconciliation Act, which states that illegal immigrants cannot obtain “federal public benefits.”

    Under previous interpretations, people accessing certain programs that lawmakers intended only for Americans and legal immigrants did not need to provide proof of legal status, officials said.

    As Zachary Stieber reports for The Epoch Times, twenty attorneys general sued, alleging the new interpretation wrongly applied to programs that fell outside the act. In a motion for a preliminary injunction, or a block while the case proceeds, they also said that the government failed to provide “fair notice” to states of the change.

    McElroy sided with the states, writing on Wednesday that “while reasonable policymakers can debate the merits of restricting access to programs to lawful citizens—and it is surely not this Court’s job to wade into that debate—the Agencies offer at best incomplete answers to serious questions.”

    That appears to violate the Administrative Procedure Act, which lets judges block agency actions determined to be “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law,” she said.

    McElroy also pointed to the change in interpretation from decades of precedent.

    “The Government argues that it has somehow interpreted this statute incorrectly for the nearly thirty years that it has been the law,” she said.

    “In its view, everyone (from every past administration) has misunderstood it from the start—at least until last month, when the right way to read it became clear to the Government. The Court is skeptical of that.”

    The four agencies, which had pointed to an order from President Donald Trump that directed officials to make sure that taxpayer-funded benefits are not going to illegal immigrants, did not respond to requests for comment.

    New York Attorney General Letitia James, a Democrat and one of the attorneys general who sued over the change, said in a statement that “with this victory, we are protecting children’s education, safeguarding critical health care, and preserving the safety net that keeps families afloat.”

    These mangoes are amazing. Organic, no seed oils, no sulfites. 

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  • NYC Business Leaders Warn: Economic Outlook Worst Since Lehman

    NYC Business Leaders Warn: Economic Outlook Worst Since Lehman

    Industrial Upside Meets Economic Downside

    What went on this morning, you ask?

    Manufacturing’s performance gets a thumbs‑up

    • The US manufacturing index saw a noticeable jump, signalling factories are getting busy.
    • Production counts climbed, hinting that cities like Detroit and Pittsburgh are pulling out their shovel‑and‑hammer toys.
    • Workers are rolling up their sleeves— and joyfully}

    Meanwhile, the New York Fed’s sentiment take a nosedive

    • Business leaders in the Northeast cast a gloomy mood when surveyed, bringing the confidence gauge down.
    • Where once optimism floated like balloons in a cafeteria, traders now feel it as a low‑floor elevator ride.
    • It looks like the investors are getting a bit more cautious this week.

    So, while our factories are cheering louder, the business community is starting to second‑guess the next step— a classic case of hard data being hard to read, and soft data feeling a bit ejected.

    Service Sector Shapes a Rough April: A Sad Tale of Pessimism

    What the Numbers Are Saying

    • -19.8 will be remembered as the headline business activity index that hit a sore‑low notch for the second month running.
    • When firms look ahead six months, they’re more skeptical than ever — the kind of downward drift that doesn’t even sound like a winter slide, but rather a full‑blown cold snap for the economy.
    • Richard Deitz, the New York Fed’s trusted economic crystal‑ball‑pitcher, confirms that the verdict is sales and sentiment that can’t be shaken off just because the sky clears.

    The Reality Check

    In the blink of an eye, the business climate turned from “normal” to “un–so‑normal.” In plain terms: companies are now humming “I don’t know if this is going to work” as their jelly‑bean of hope has turned into a soggy sweet.

    Why It Matters

    • Fewer orders mean cash flow chillers running through the skeleton of every small firm.
    • Short‑term expectations dwindle so hard that hiring budgets dip deeper than a stubborn pizza crust.
    • Make sure you keep your data gurus on standby because, who knows, the June numbers might flip the script and turn the gloom into a glow‑up.

    Bottom Line

    April’s downturn shows that the service sector isn’t just a marginal business category – it’s the feel‑good, feel‑bad barometer of the entire region’s economy. Stay tuned, keep a glass of whiskey handy, and hold on to your optimism. It’s an honest and unplugged look into the real heartbeat of the business world.

    Business Climate Takes a Wild Dip: Index Falls to a Hunger Strike of -50

    Just when we thought the market had no more surprises, the Business Climate Index decided to perform a dramatic slide—down nine points to a chilling -50.0, the lowest reading since Lehman Brothers blew up the basement of every economic forecast.

    Bottom‑Line Highlights

    • Index plunge: From 19.0 right before the drop to a storm‑trodding -50.0.
    • Price pressure boom: Expectation levels for Prices Paid hit the top three‑year highs—an upward trend that could outpace your last treadmill record.
    • Market mood swings: Confidence in business plans is as low as a lazy cat on a sunny windowsill.

    What Does This Translate to?

    When the index hits such a low, it tells investors the business environment is frosty—costs are skyrocketing, earnings will get squeezed, and people look for greener pastures.

    Bottom Line

    The dip signals that even the most seasoned traders are holding their breath. While the economy slumps, the oil pump is still humming, and so is the hope that, after this icy stretch, a cherry‑on‑top of a softening market will finally arrive.

    Stagflation Strikes Again: Are We Back in a Worse Era?

    When the economy throws a right‑angled curve toward soft data and stagflationary stench, it’s hard not to feel a little uneasy. The headlines keep marching along, daring us to pick the worst scenario: the gloom from the peak of COVID lockdowns or the dread of Lehman Brothers & the Global Financial Crisis?

    Why the Business Silo Feels Like a Sticky Bun

    • Inflation hovering above the comfort zone of the Federal Reserve.
    • Growth that’s not scaling up, the sweet spot is now a rare, elusive beast.
    • Consumer confidence taking a nap—mirrors the pandemic pause.

    Take the T–Shirt Comparison

    Picture this: you’re wearing a T‑shirt, maybe even a hoodie, but the fabric feels like it’s been left in the dryer. That’s the vibe many markets see now.

    What’s Already Happening?

    Data shows factories opening doors, but the rush of shoppers has timed out. Housing markets feel the velcro on their existing momentum, and even stock indices are feeling that old soreness from the 2008–09 valley.

    Humor? But We’re Not in the Doldrums

    Even with the use of slightly disparaging terms, it’s worth noting that a sense of humor can help us flip the switch on anxiety. Imagine someone pulling a “scented” joke from a boardroom about the proposal that resulted in a softer result than a Hawaiian pizza delivered early.

    Bottom Line: Or Hit Up the Portfolio?

    It’s easy to dismiss the notion that we’re at a worse point than COVID or GFC. Yet, the underlying mechanics show a sustained pattern that’s hard to ignore. Let’s keep an eye on the data, but also bring a little levity to the newsroom.

  • Huawei Accelerates to Outpace Nvidia: Ascend 910D AI Chip to Launch Testing Next Month in China

    Huawei Accelerates to Outpace Nvidia: Ascend 910D AI Chip to Launch Testing Next Month in China

    Huawei’s AI Showdown: The Ascend 910D is Entering the Ring

    Why the Big Buzz? 

    The tech giant Huawei Technologies is gearing up to crunch some serious numbers with its newest powerhouse, the Ascend 910D. It’s slated to step into a role usually reserved for Nvidia’s elite, especially in the Chinese market where export restrictions have kept the AI arena a bit of a sticky wicket.

    Background

    • Six years of U.S. blacklist moves—think of it as a “No‑Entry Compartment” for Huawei’s chip‑building ambitions.
    • Every line of code in the chip‑making playbook was now a battlefield in the escalating AI race and trade war.
    Next‑Week’s Fingers‑Cross Check

    The Wall Street Journal gave us the scoop: the company will grapple with a technical feasibility test in the coming weeks. It’s like a final trial before the Olympic torch is handed over.

    Why It Matters

    Insiders claim the Ascend 910D could outshine Nvidia’s H100—the heavy‑weight chip that fuels massive AI model training sessions.

    What’s in It for Us?

    Chinese AI labs will finally have a chip that can run faster, cheaper, and without stepping on toes—a win for the industry, a reset for the competitive landscape, and a chance for folks worldwide to keep building smarter.

    Huawei’s New 910D Chip: Power‑Hungry but Packed with Punch

    It’s been a hot‑button story for nearly a decade—Chinese‑made chips fighting the Si‑and‑Taurus of American technology. Now Huawei has pulled out the new Ascend 910D, a silicon beast that’s set to boulder the industry, at least on paper.

    What’s the Big Deal?

    • It’s a “five‑ton” stack of dies—twisting hundreds of silicon chips onto one package so they can talk to each other at lightning speed.
    • When people ask what they’re comparing it to, the answers spiral: “Nvidia’s H100? It’s a fancy market king from 2022.” The 910D is said to offer more raw power though it trades in extra energy.
    • Definitely a power hungry powerhouse, but that’s a small hit in a market that values raw output more than battery life.

    In a Nutshell: The Tech & The Politics

    Since the Trump era sidelined China’s H20 chips, rivals like Huawei and Cambricon Technologies found a sweet spot. They’ve quietly scaled up, targeting state‑owned carriers like Telecom China and AI giants such as ByteDance. 800,000 chips for the 910B/910C line in 2024 alone speaks to a massive production push.

    But the road hasn’t been smooth. TSMC—the global chip king—has been closed off for Huawei. So the company turned to SMIC, a home‑grown maker that’s also dealing with equipment snags.

    What the Experts Say

    SemiAnalysis sums it up like a sports commentator: “Five times more Ascends versus the tiny Blue‑white line of Nvidia—power is a secondary bet.” It’s a hit in China, where fewer restrictions loom on utilization.

    High‑stakes, High‑fun: The U.S. Perspective

    While the U.S. dropped a massive sanctions package in 2019, it’s a nightmare for the Chinese telecom scene. Nonetheless, the United States is eagerly watching the next step—an on‑slaught of DeepSeek‑R2 trials. The chip releases have insiders shouting, “Try does sooner.”

    Summing Up the Message

    Huawei’s Ascend 910D proposition is in the right track: “Yes, more power. Yes, more heat. But it’s a strong counter‑force to the foreign armor.” Future mass production of the 910C and DeepSeek‑R2 test phases are next in line, and they land on a broader story—of how tech companies navigate geopolitical storms to power their own very own future.

  • "I Have No Idea": Justice Department Official Raised Objections To Ill-Defined Biden Pardons

    "I Have No Idea": Justice Department Official Raised Objections To Ill-Defined Biden Pardons

    Authored by Jonathan Turley,

    The House Oversight Committee is investigating the use of the autopen by Biden officials as allegations grow that President Joe Biden had little idea of some of the actions taken under his name, from executive orders to pardons. Now, the Committee has disclosed that at least one senior official warned that he had “no idea” what the parameters were for Biden’s blanket pardons and that the public was being misled about the pardons only applying to non-violent individuals.

    Associate Deputy Attorney General Brad Weinsheimer told the Office of White House Counsel they needed an additional statement from the President as to his intent and the scope of the pardon:

    “I think the language ‘offenses described to the Department of Justice’ in the warrant is highly problematic and in order to resolve its meaning appropriately, and consistent with the President’s intent, we will need a statement or direction from the President as to how to interpret the language…I have no idea what interpretation the incoming Administration will give to the warrant, but they may find this interpretation attractive, as it gives effect to the language but does not go beyond the four corners of the warrant.”

    So, at least for this senior Justice Department official, it was not just Biden who may have had little idea of what pardons were being issued under his name. The confusion was shared by implementing attorneys. That is a serious problem in the use of this presidential power by unseen, unnamed staff members.

    Weinsheimer also flagged how even the stated intent of Biden in barring violent individuals was being disregarded due to the ill-defined criteria:

    “One other important note – in communication about the commutations, the White House has described those who received commutations as people convicted of non-violent drug offenses. I think you should stop saying that because it is untrue or at least misleading… As you know, even with the exceedingly limited review we were permitted to do of the individuals we believed you might be considering for commutation action, we initially identified 19 that were highly problematic.”

    House Oversight Chairman James Comer is pursuing this investigation despite opposition from Democratic members and, of course, many in the media. Yet, there is mounting evidence that Biden was clueless on major decisions made in his Administration, including signing a major executive order on natural gas exports. In this latest controversy, a veteran Justice official did not have a clue about the scope of the pardons as staff members just compiled lists of people whom they wanted to include in the presidential order.

    What is particularly disconcerting is how accountability for any abuse is made more difficult by the large number of staff contributing to these lists and lack of clearly defined decision makers.  With Biden abdicating his own responsibility, staffers were allowed to effectively add names to a signed blank page, exercising a presidential power with the level of circumspection of an inter-office memo.

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  • Shocking Video Shows Ukrainian Refugee Fatally Stabbed On Charlotte Train By Career Criminal

    Shocking Video Shows Ukrainian Refugee Fatally Stabbed On Charlotte Train By Career Criminal

    What Happened?

    Iryna Zarutska, a 23‑year‑old Ukrainian, was stabbed on the Lynx Blue Line in Charlotte. The attack happened on a light rail train at the East/West Boulevard station on Camden Road.

    She was shot by a knife in the neck and died on the spot.

    The killer, Decarlos Brown Jr., 34, was a career criminal and was later taken into custody. He was not allowed to leave because he has schizophrenia.

    The video, captured by local station cameras, became a shocking illustration of how quickly a routine commute can turn into horror.

    Who Is Iryna?

    Iryna had lived in the war‑devastated area of Ukraine for many years. She fled to the US in hopes of a fresh start.

    At 23, she had new dreams in Charlotte. She worked in a small grocery store, volunteered in the local community, and had a close circle of friends.

    She was described by coworkers as a “friendly and patient” person who always gave a smile.

    Her story has painted a painful picture of the many faces that leave war‑ridden homes for safety.

    The Incident

    • The train was on schedule at 8:23 a.m. on a Monday.
    • Iryna boarded the car and touched the conductor’s door with a bright teal backpack.
    • Near the entrance to the doors, a man—Decarlos—climbed on the left side of the car.
    • He raised a knife and slammed it into Iryna’s neck.
    • She reacted quickly but was already injured.
    • Providing a clear view, the camera recorded the act before the umpire of the crew allowed the door to close.
    • Passersby, alarmed by the sound of the blade, fell silent.
    • The EMTs rushed to the station and tried to help but had no time.

    In a brief note, the authorities said the injury was caused by a “sharp knife” and it was a fatal throat wound. Iryna was declared dead at the scene.

    Decarlos Brown Jr.

    Decarlos was a known local offender. He had multiple prior convictions on theft and assault.

    He lives in the East Side of Charlotte.

    In earlier interviews, he admitted that he has schizophrenia, which he says makes it hard to control his emotions.

    He was arrested on the spot. Because his disorder was considered a risk, he was held in a local correctional unit without bond.

    In court documents, he claimed that a “bad dream” led him to act after seeing a bright look in a streetlight.

    Club Reaction

    • Attorney for Decarlos believed he could get a mental health evaluation.
    • Authorities still keep him locked out of the community because they need to verify his risk.
    • He will face charges of “Second‑Degree Murder with a Sharp Weapon.”
    • He could face a prison term of 25–30 years.

    Security and Safety on Public Transit

    Now, Charlotte’s officials are worried about public safety.

    They set up a full review of guard protocols on all light rails.

    They plan to install additional cameras inside each car.

    More officers will patrol at each station during peak times.

    They want to provide an emergency hotline so people can quickly call 911 if necessary.

    Safety Tips for Riders

    • Always be aware of your surroundings.
    • Keep your personal belongings close.
    • Keep your phone charged.
    • Press the emergency button if you feel unsafe.
    • Listen for train announcements.
    • Stick near the doors in crowded periods.

    Community Response

    Neighbors and coworkers gathered at the station to honor Iryna.

    Flowers, candles, and handwritten notes were in the park.

    Local high school students wrote poems dedicated to her memory.

    The city’s mayor sent a statement urging unity and safety in the face of kindness.

    Many charities stepped in to help Iryna’s family with funeral expenses.

    More people were thanking safety officers for their quick response.

    Social Media Reflects

    • A number of people posted “I am so sad.”
    • People shared Iryna’s pictures in a tribute for the city.
    • A group called the “Voice for Safety” shared messages of support for the local police.
    • Facebook posts said, “if you dread a single close call, leave with caution.”

    Moving Forward

    Police want to keep public transportation safe.

    They aim to develop a detailed plan for helping subcultures in the city after the crime.

    Looking at policies, the city will continue to research ways to help mental‑health patients to reduce future crimes.

    Iryna’s story has rallied the community to push for less violence and dense levels of support.

    Community forums are scheduled to explore resources for people in crisis.

    Charlotte will also display the footage, and train riders will see a small screen that tells them: “If anything unusual occurs, stay aware.”

    Police’s Role

    • Investigators are still interviewing witnesses.
    • Officials want to provide an overview of the building.
    • They want to keep the offender locked away and fall into an extended system that will verify his condition.
    • They’ll present in a public hearing to keep city residents safe.

    Conclusion

    Iryna‑Zarutska was a bright voice that was cut short by an unthinkable attack. The tragedy has made the city realize the importance of community and collective hygiene from a public safety point of view.

    People’s commitment to inform future actions and to help our mental‑health world is strong. It promises a more delicate environment for the commuters and helps to keep this new regimen protecting the communities, officers, patients, and the little detail lives.

    What Happened in Charlotte

    A train ride that turned into a nightmare. A man named Decarlos Brown‑Jr. took a knife. He stabbed a woman named Iryna Zarutska, who had escaped war in Ukraine. She was 23. It happened in Charlotte, North Carolina. The video that shows the moment is shocking. People are saying it’s “absolutely disturbing.”

    The People Involved

    Decarlos Brown‑Jr. is a repeat offender. Police have a record with him. He’s known for violent crimes before. Iryna Zarutska is a refugee from Ukraine. She fled war. She was new to the city. She lived in a shelter for people like her. They say she had a good life before the attack.

    The Day of the Incident

    The train was full. People were on their phones, talking, and traveling. Brown‑Jr. walked into the car. He had a knife in his pocket. He didn’t say anything. Suddenly, he stabbed Iryna. The train didn’t stop. She fell to the floor. She didn’t recover. The video shows the whole event.

    Police rushed to the scene. They pulled Brown‑Jr. out. He was taken to the station. Officers arrested him immediately. They had his weapons tied up. He was charged with murder. The train crew helped the wounded. Iryna was later pronounced dead. Her family was devastated.

    Why Some People Are Talking About It

    Some lawmakers and activists have taken a stand. They blame the way the state was run. Rep. Brenden Jones, a Republican from Columbus and Robeson counties, said on X that the Democrats had let violence run unpunished. His tweet is very short. He says:

    • “The tragedy of Iryna’s death in Charlotte is the result of decades of Democrat DAs and Sheriffs putting their woke agendas above public safety.”
    • “Violent criminals commit crimes with impunity, while families live in fear.”

    He also posted pictures stressing the issue. He said the families feel scared. People started to share his posts. Some called for police reform. Others wanted the same police to stay strong.

    A Different Viewpoint

    Someone else, a Twitter user named DC_Draino, added some doubts. They talked about police budget cuts. The tweets are short. They say:

    • “Defunded police.”
    • “No cash bail.”
    • “DEI judges.”

    They believe these policies caused the violence. They also said President Trump had fixed the rule of law in the country. They think the reforms are a problem. They encourage people to hold Democrats accountable.

    Why People Are Worried

    The incident is part of a bigger problem. People say that the laws and reforms have let criminals run wild. They feel worried about safety. They want the police to have money. They want a firm court system. There’s a fear that these policies create more danger.

    Public Safety Question

    On a day that should have been safe, a train was destroyed. People are asking: Who protected us? Are the police strong enough? If the police don’t have money, can they protect people? Many people talk about “defunding” and “woke” in a way that creates anger. The city is lost again. They want someone to step in.

    What Might Happen Next?

    State lawmakers might vote on new plans. They could raise police budgets. They might also adjust court rules. They may consider smaller bail. People will read newspapers. They will listen to politicians. They will set up more meetings. Readers will call for different changes. Candidates will review the measure. They will decide whether to keep the plan.

    What We Can Do

    You can choose to talk at your local meeting. You can ask how the city will be safer. You can ask what new rules will happen. People may go out to vote. They may support the group that fights for security. You can ask your friends. You can share facts. The story has no privacy. Everyone can contribute. The new plan may keep the city safe.

    Summary of the Incident

    In short, a group of people were impacted. The attacker was already a problem. The victim was a refugee fleeing war. The trains were getting rid of people. The city has a policeman that was defined. The incident is now an example of a scene that needs change. The conversation needs to grow. People demand justice. The path to safety is now open. The city is slowly healing. Use it as a lesson to watch and to change. The end.

  • US Industrial Output Plummets in May as Factory Capacity Falls

    US Industrial Output Plummets in May as Factory Capacity Falls

    Industrial Production Takes a Sinking Plunge

    Hold on to your hats— the U.S.’s industrial output just slipped 0.2% last month, marking the second downturn in the past three months. That drop is a bit of a shocker, especially after the April numbers got nudged upward.

    What the Numbers Really Say

    • May MoM decline: -0.2%
    • April rev-up (previous estimate): +0.2%
    • Year‑on‑Year change: down to a modest +0.6%

    So while the industry looks a bit higher‑handed in the quarterly picture, the yearly trajectory starts to seem a bit slower— a reminder that momentum can be a slippery slope.

    Why It Matters

    Sector performance is a keystone for the economy’s heartbeat. A sudden dip could hint at cooling manufacturing activity, which in turn may ripple into employment trends and consumer confidence. Keep your eyes peeled; this kinda shift could signal a deeper slowdown or just a temporary hiccup.

    Bottom Line

    Short‑term contraction? Yes. Long‑term outlook? Still up for debate. Grab a coffee and dig into the numbers a bit more—you never know what a single percentage point tells you about the big picture.

    Manufacturing Output Gently Bounces Back After a Rough April

    Quick Snapshot

    According to the latest Bloomberg report, the manufacturing sector saw a modest increase of 0.1% month‑over‑month in March, easing from a reassessed 0.5% decline for April. Think of it as the industry taking a tiny step forward after a little stumble.

    Key Highlights

    • March Gain: Output edged up by 0.1%.
    • April Adjustment: The earlier dropped 0.5% figure has been revised downward.
    • Bottom Line: The sector is slowly gaining momentum, but the progress remains subtle.

    Why It’s Worth Noticing

    Even a fraction‑penny shift matters because it can influence factory production schedules and workforce plans, indicating that the economy is inching toward steadier footing.

    Unexpected Upside in U.S. Auto Production Amid a Retail Slump

    Even though car dealerships saw a dip in sales this month – a trend we’ve already broken down – the factory floors were anything but quiet. U.S. auto production actually increased in May, proving that the assembly lines were running hot while the showroom shelves were a bit leaner.

    What’s Happening?

    • Auto Production: Cars are rolling out faster than ever.
    • Energy & Computer Production: These sectors are showing a slump, pulling back in output.

    Why the Surprise?

    It turns out that while consumers may have been a little wary about buying new cars, manufacturers are capitalizing on the supply side. Maybe it’s the promise of electric models or just the sheer muscle of U.S. factories. Meanwhile, the energy and tech space is feeling a bit of a cooling period, reflecting broader economic shifts.

    Bottom Line

    So, if you’re keeping an eye on the auto market, remember: it’s not all sales numbers that tell the story. Production trends can glow brighter than the showroom lights, even when retail floors dim a bit.

    Industrial Capacity Takeaway: An Unexpected Drop?

    According to recent figures from Bloomberg, the capacity utilization index slipped to 77.4% in May – the lowest reading in three consecutive months. While the trend seems puzzling, the underlying narrative offers a few interesting tidbits.

    Key Highlights

    • Gradual Decline: The index has been inching down, marking the third straight month of contraction.
    • Market Implications: Lower utilization often hints at softer demand, but it can also signal more efficient production schedules or strategic shutdowns.
    • Sector Variances: While some industries are pulling back, others may be ramping up in anticipation of a rebound.
    • Economic Context: A dip like this can influence everything from wages to inventory management across the manufacturing landscape.

    What This Means for Businesses

    Companies might consider the following when navigating this environment:

    1. Review production schedules to avoid overcapacity.
    2. Focus on optimizing resource allocation.
    3. Keep an eye on supply‑chain dynamics that could exacerbate the slowdown.
    Bottom Line

    While a 77.4% utilization rate feels like a dent in the industry’s armor, it’s just one piece of the puzzle. Keeping a close watch on emerging data, staying flexible, and injecting a dash of humor into the metrics might just keep you ahead in the game.

    Today’s Data Plot Twist: Hard Data Goes Down, Soft Data Goes Up

    Why the Numbers Just Took a Wild Ride

    Tonight’s economic snapshot looks a bit like a roller‑coaster: hard data is rattling down while soft data smooths out like a gentle wave.

    • Hard Data: GDP figures, manufacturing outputs, and other concrete numbers have taken a nosedive—think of a dramatic drop that even seasoned analysts feel the chill.
    • Soft Data: Consumer confidence, retail footfall, and services sentiment have bounced upward, acting like a sunny side that keeps the market spirits bright.

    What It Feels Like Behind the Numbers

    Imagine a packed stadium: the crowd screams when the big numbers fall, but the cheerleaders—representing soft data—keep the atmosphere upbeat. The contrast causes nerves to spike and optimism to wobble.

    Key Takeaway

    In a nutshell, if you’re riding the market waves, keep an eye on the hard data for the sharp hits, and tap into the soft data to read the subtle signals that might hint at a rebound.

    So, What Will Jay Powell Do With All That Money?

    We’re all watching the Fed’s chair, Jerome Powell, like he’s got a giant calculator and a magic wand. Below is a quick rundown of the possible moves he could make, from the usual suspects to a few surprises that might keep the market on its toes.

    1. Keep the Interest Rates Where They Are

    Meaning: No new hikes right now. Powell might choose to pleasure the markets by letting rates sit steady to give businesses and consumers a breather.

    • Why? Economic data looks solid — no sign of a boom or a crash.
    • What Happens? Inflation stays in check, borrowing stays affordable, and the housing market keeps humming.

    2. Slide Up a Small Hike

    What’s the plan? A gentle bump, say 25‑basis‑points, to keep the Inflation Rate from turning into a runaway train.

    • Benefit: Tightens the money supply just enough to keep prices from spiraling.
    • Risk: Tosses a bit of pressure on the economy; we want to avoid a recession.

    3. Significantly Cut Rates

    That’s the big shocker. Lower interest rates to a low point, making borrowing cheap and wooing businesses into investing.

    • Why would Powell do it? If the economy looks sluggish, it can kickstart growth.
    • Potential — A new panic? The market might think it’s “the last stalling attempt” and tumble.

    4. Flashy “Market‑Friendly” Policies

    Because the Fed loves a bit of theatrics, Powell might introduce new asset‑purchase programmes or tweak forward‑guidance to highlight “the Fed is absolutely benedictionally stable.”

    • What? Usings signals to keep expectations anchored.
    • Why? Keeps the markets from spotting any rough edges in policy.

    5. A “No‑Comment” Approach

    He could choose to stay vague, leaving the markets to interpret data and rumors on their own.

    • Pros: Avoids arbitrary policy moves that could backfire.
    • Cons: Could increase volatility as traders scramble for hints.

    Whichever direction Powell takes, he’s balancing inflation, economic growth, and the incredibly elastic thing called market expectations. The big question is: will his moves be enough to keep the economy humming, or will they trigger a new wave of uncertainty? Time (and a few Fed minutes) will tell.