Quote of the Day

Regardless, I Have a Larger Point: It’s Time to Start Mocking These People and Tearing Down Their Legends as Geniuses of Industry. They Are Not Better than Us, nor Are They Responsible for Anything That Their Companies Build Other than the Share Price (Which Is a Meaningless Figure) and the Accumulation of Power and Resources. These Men Are neither Smart nor Intellectually Superior, and It’s Time to Start Treating Them as Such.

—Ed Zitron on the broligarchs.

They are lucky incompetents, beneficiaries of privilege, and con men. 

True as Turnips is

True as taxes is, and nothing is truer than them.

I Knew That They Were Somewhere

I've been looking for my toolbox, and I am not sure how it ended up in southern Greece.

Early hominins in Europe were creating tools from raw materials hundreds of thousands of years before Homo sapiens arrived there, two new studies indicate, pushing back the established time for such activity. The evidence includes a 500,000-year-old hammer made of elephant or mammoth bone, excavated in southern England, and 430,000-year-old wooden tools found in southern Greece — the earliest wooden tools on record.

The findings suggest that early humans possessed sophisticated technological skills, the researchers said. Katerina Harvati, a paleoanthropologist at the University of Tübingen in Germany and a lead author of the wooden-tool paper, which was published on Monday in the journal PNAS, said the discoveries provided insight into the prehistoric origins of human intelligence.

Silvia Bello, a paleoanthropologist at London’s Natural History Museum and an author on the elephant-bone study, which was published last week in Science Advances, concurred.

The artifacts in both studies, recovered from coal-mine sites, were probably produced by early Neanderthals or a preceding species, Homo heidelbergensis. Homo sapiens emerged in Africa more than 300,000 years ago, and the oldest evidence of them in Europe is a 210,000-year-old fossil unearthed in Greece. By the time Homo sapiens established themselves in Britain 40,000 years ago, other hominins had already lived there for nearly a million years.

Kewl.

Of Course They Are

It appears that some of Elon Musk's DOGE Bros are redesigning government websites to spy on US citizens.

Tech bros gotta tech bro.

An opaque White House office staffed largely by veterans of Elon Musk’s “department of government efficiency” (Doge) has quietly rebuilt some of the federal government’s most sensitive websites – for passport applications, voter registration, prescription-drug pricing and children’s savings – in ways critics say appear to violate federal law.

The National Design Studio (NDS) was established by a Donald Trump executive order last August, and is led by Trump-aligned Airbnb co-founder Joe Gebbia and staffed by Doge veterans.

A Guardian investigation has found the office has apparently been developing or redeveloping sensitive federal websites, including those connecting Americans with prescription drugs, children’s savings accounts, passports and voter registration. The investigation corroborates and advances earlier reporting by the Drey Dossier, a YouTube and Substack investigative outlet.

The NDS built and now operates four public federal websites: ndstudio.gov, trumprx.gov, realfood.gov and trumpaccounts.gov. All four ran commercial visitor-tracking software, configured to evade the privacy tools many web users install, and none carry the public filings federal privacy law requires under laws including the Privacy Act of 1974 and the E-Government Act of 2002.

They all need to spend the next decade or two in jail. 

6 — 3 (More like 5½ — 3½)

The Supreme Court just came frighteningly close to invalidating a Constitutional amendment because Donald Trump wanted them to.

I am, of course referring to their ruling on the birthright citizenship case, where 5 justices said that the black letter text of the US Constitution said what it said, 1 justice said that federal law would have to be changed, and 3 justices wanted to give Trump a blank check. (How I get to 5½ — 3½)

The Supreme Court on Tuesday affirmed the principle that almost everyone born on U.S. soil is a citizen, a major decision that rejects a push by President Donald Trump to fundamentally redefine who is American in ways not seen for more than 150 years.

The justices struck down an executive order by the president that said citizenship would not be granted to children born to parents who are in the country illegally or those on temporary visas for work, travel, school or humanitarian reasons.

Trump’s order would have had sweeping political, economic and social ramifications, changing the definition of citizenship in the most significant way since the 14th Amendment guaranteeing citizenship to formerly enslaved people was ratified shortly after the Civil War. 

The ruling reaffirms the long-settled understanding that the 14th Amendment automatically confers citizenship on any child born in the United States, with limited exceptions for children of diplomats and other rare cases. The principle was established in a landmark 1898 high court decision that found that Wong Kim Ark, a man born to Chinese immigrants in San Francisco, was a citizen. ………

Conservative Justice Brett M. Kavanaugh dissented from the 5-4 majority in ruling the executive order violated the 14th Amendment, but he joined the 6-3 majority in finding the order violated federal law.

………

The opinion came over the objections of conservative Justices Clarence Thomas, Neil M. Gorsuch and Samuel A. Alito Jr.

Alito wrote a dissent, while Thomas wrote another that Gorsuch joined.

Alito said birthright citizenship acts as a magnet drawing migrants to the United States to give birth so their children could be citizens, echoing an argument the Trump administration has made.

………

Thomas said the court “adds to the sad history of the Fourteenth Amendment, which was designed and understood to secure equal rights for the freed blacks but has instead been repurposed for political projects that the Reconstruction Congress did not support.”

So, Alito just let his bigot flag fly, and Thomas just showed himself to be a worse historian than he is a jurist, which is a pretty heavy lift.

Primary in Colorado Tonight

While I am a bit bummed about pro-business stooge and current Colorado Governor John Hickenlooper winning the Senate primary, I am heartened that centrist empty suit Michael Bennett lost to Colorado AG Phil Weisner in the Gubernatorial primary, and that DSA candidate Melat Kiros defeated 15-term Congresswoman Diana DeGette.

DeGette is problematic for a number of reasons:

• 30 years is enough.
• She is deeply enmeshed in the Democratic Party Congressional leadership, having being Chief Deputy Whip for 6 years. The out of touch Democratic Party establishment (There is no Democratic Party establishment) gerontocracy in the US Congress needs to be removed.
• AIPAC was stealth funding a number of anti-Kiros PACs. 

That last point does not mean that I am no longer a Zionist.  It means that I consider AIPAC to the the 2nd greatest threat to the State of Israel in the world today after Benjamin Netanyahu. 

The Last Refuge of Scoundrels

So, the Pentagon has been refusing to review new wind power projects, and now a group of renewable energy organizations have filed a lawsuit to end this mishugas.

About f%^$#ing time.

A coalition of renewable energy groups asked a federal court on Friday to order the Pentagon to resume reviews of onshore wind projects, in an attempt to end delays by the Trump administration that have brought the U.S. wind power industry to a standstill.

Since April, the Pentagon has stopped all military reviews of proposed wind farms, which are meant to ensure that turbines don’t interfere with local radar or flight paths. Virtually every new wind project in the country needs to undergo these reviews, which until recently were considered routine and often completed within months.

………

The delays have led to a “total halt of all wind development in the United States,” the groups told the U.S. District Court for the District of Oregon in a lawsuit filed against the Defense Department last week. At least 106 planned wind projects in 21 states have been stalled indefinitely, representing an estimated $47 billion in potential investment.

The delayed reviews are the latest in a series of extraordinary actions by the Trump administration to halt the expansion of wind power in the United States. On his first day in office, President Trump issued a moratorium on all approvals for wind farms on federal lands, and the Interior Department last year issued stop-work orders for five wind farms in the Atlantic Ocean that were already under construction. More recently, the administration agreed to pay several companies $1.8 billion to abandon their offshore wind plans.

Mr. Trump has called wind turbines ugly and expensive, and has instead pushed to meet rising power demand with fossil fuels like coal and natural gas.

“My goal,” he said in January, “is to not let any windmill be built.”

One does hope that whatever judge gets assigned to the case makes it clear to the government that there is no presumption of regularity, and so they will have to provide evidence supporting every "and" and "the".

I Have One Comment About the Bricks and Minifigs Thing

Do not enter into a franchise agreement without consulting a lawyer. Don't attempts to make changes to any deal without consulting a lawyer.

The whole lawyer thing more generally applies to running a business.

Basically, listen to Mike Monteiro.

He said this 15 years ago.

I will post no more on this subject, even though I will continue to follow it, because it holds a perverse fascination for me.

Flock You!

Denver removed Flock cameras, and car thefts fell:

Given Flock's history of ethically questionable business practices, I am not surprised that their services fail to deliver on the promised crime reduction.

It is likely that the reduction in car thefts came from a change in the law, it used to be that only stealing rich people's cars was taken seriously, but it does show that the surveillance state favored by Flock and law enforcement does not meaningfully contribute to public safety. 

Not a Surprise

This is my Shocked Face

The news that used fraudulent data to get approval for its self-driving systems.

Gee, who saw that coming?

As if things couldn’t get any worse for Tesla in Europe, traffic safety researchers now say they’ve caught the company cooking numbers they gave to regulators in order to get its “Full Self-Driving” system approved.

The discrepancy was spotted by Reuters, which claims that data Tesla gave to authorities in Sweden and the Netherlands grossly exaggerated the safety record of FSD in the United States.

Reuters reports that in a presentation meant for Swedish regulators, Tesla’s policy manager Ivan Komusanac claimed that Tesla’s FSD can travel over seven times farther between crashes than human drivers in the US. Using that claim as a jumping-off point, the presentation continued by claiming that Tesla’s FSD could have saved 32,000 lives and prevented 1.9 million injuries over an indeterminate period of time, the publication reports.

In the old days, Elon Musk would be in jail for fraud.

Epstein Island 2

I cannot understand why the Albanian people are so upset about Jared Kushner and Ivanka Trump stealing the largest Albanian island on the Aegean.

Actually, I can understand why there are massive protests in Tirana.

The plan to gift the Sazan Island to the Trump Crime Family is infuriating to me, and I am 7 time zones behind the Balkan nation.

There is a nonzero chance that Jared Kushner will play a pivotal and entirely accidental role in bringing down the government of Albania. Over the last several weeks, the Balkan nation has been roiled by protests stretching from the capital, Tirana, to rural coastlines and cities around the world. The demonstrations were sparked by the government’s giving the green light to firms linked with Kushner to develop a 10,000-bed luxury resort near the city of Vlorë on the Narta Lagoon and protected wildlands in Zvërnec. Kushner and Ivanka Trump also have plans to turn Sazan Island, which belongs to a national park, into a smaller coastal enclave for the wealthy. On Saturday, some 200,000 people turned out as anger spread from the Kushner project to other luxury developments. Roughly 200 protesters in northwestern Albania tore down barbed-wire fencing around the construction site of a non-Kushner-linked five-star resort on the Adriatic Coast. As one participant told Reuters, they were demanding “compensation” for 200 local families whose “land has been seized.”

International coverage of the protests in Albania—a country relatively unfamiliar to many in the United States—has focused largely on the environmental concerns being raised by demonstrators, and the projects’ ties to the Trump family. The fledgling Kushner resorts threaten pristine wilderness and critical ecosystems that sustain a rare colony of the world’s largest freshwater birds, endangered Albanian water frogs, and loggerhead turtles. Among the species that stand to be affected are flamingos, whose last remaining habitat in Albania could be threatened by the developments. But the “Flamingo Revolution,” as the wide-ranging, horizontalist movement has become known, is about much more than flora, fauna, or Donald Trump. As Albania vies to become a top tourist destination and a member of the European Union, the ongoing protests aim to do nothing less than upend its political system. “At the core of this protest is not just environmental issues,” said Gresa Hasa, a doctoral researcher at the Faculty of Law and the Center for Southeast European Studies at the University of Graz. “This is a fight for freedom and democracy, and a future where the resources and the state works for all of us and not just for some of us, and where we are not excluded from our own beaches and public spaces.”

………

It’s no secret that the Trump family has been eager to make itself richer while the patriarch occupies the White House. Here in the U.S., awareness of these activities hasn’t yet made much of a dent in Trump’s grasp on power. Abroad, however, it may help bring down politicians who thought they could use that grift to their advantage. Let’s hope Americans take note.

The Trumps are a cancer on the entire world.

It's Called "Rods from God"

Call me paranoid, but I think that Elon Musk's plan to set up a rocket based cargo delivery system sounds more like a ploy to provide a cover for developing an orbital mass driver with which he can hold the world hostage.

I'm pretty sure that this has been covered in any number of James Bond novels and movies over the past 80 years.

Elon Musk is officially a Bond villain.

A SpaceX Falcon 9 rocket lifted off on Tuesday to test a new reentry vehicle designed to deliver cargo anywhere in the world from low-Earth orbit.

The company developed the new saucer-shaped reentry pod, called Starfall, under a veil of secrecy. Its purpose is to support the “transport and delivery of goods through space,” according to an environmental assessment published by the Federal Aviation Administration last month.

The first demonstration of the Starfall vehicle began at 6:53 am EDT (10:53 UTC) with liftoff aboard a Falcon 9 rocket from Cape Canaveral Space Force Station, Florida. At least one Starfall reentry pod rode to orbit on the Falcon 9, perhaps alongside another undisclosed payload. After circling the planet two times, the Falcon 9’s upper stage was expected to release Starfall for atmospheric reentry, targeting a parachute-assisted splashdown in the Pacific Ocean around 800 miles west of California.

On the brighter side, Elon Musk's history of actually executing on this sort of crap is profoundly bad.

 

Headline of the Day

CEOs Who Think AI Replaces Their Employees Are Just Bad CEOs

—Techdirt, stating the obvious about American business management.

I have come to the conclusion that any business management fad is inherently wrong.

This time, it is AI. 

F$#@, I'm Old!

I just got back from upstate New York, a 6-hour drive.

In my younger days, I'd follow this up by 3 hours of blogging. 

These days? Not so much.

The Term for this is Inflation

So, the Wall Street Journal is lauding the end of the 4 year trucking slump, trumpeting the increasing freight rates in recent weeks.

This is inflation marker, not an essential turn around in industry. 

Truckers who held on through almost four years of slumping freight rates finally have something to celebrate. 

“It feels like a breath of air for an industry that maybe felt like they were running out of air,” said Webb Estes, president and chief operating officer of Estes Express Lines, a Richmond, Va.-based carrier with revenue of about $6 billion. 

Trucking executives are calling an end to one of the longest freight downturns in carriers’ memory. They say rates have risen to more sustainable levels after a period of low earnings coupled with Trump administration crackdowns on immigrant drivers pushed many carriers out of the market. 

The Logistics Managers’ Index, a monthly survey of supply-chain managers, showed transportation prices increased in May at the fastest rate for any metric in the report’s 10-year history.

This is not a good thing

It's Not About Global Insecurity

The fact that many central banks are repatriating their gold reserves from the UK and US stems from the belief that if their government falls afoul of Washington, DC, they will lose access to their gold stores at a critical point.

Maintaining one's own gold reserves is a PITA compared to allowing the gnomes in The City of London and Wall Street keep them in their vaults, unless you stop believing that they can be relied on.

Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.

The central banks of India and France are among those that have relocated huge volumes of gold out of the US and UK in the past year to store more domestically — part of a trend of the institutions bringing bullion home and also diversifying the storage location of their reserves.

For years, central banks have been increasing their holdings of gold, which recently surpassed US Treasuries to become the world’s top reserve asset, as many seek alternatives to the US dollar, the world’s de facto reserve currency.

However, increasing geopolitical conflict, sanctions regimes and a decline in trust have put strains on a gold trading system that relies heavily on London — where huge vaults at the Bank of England store more than $700bn of the yellow metal — and on New York, the world’s largest gold futures market.

………

The news comes as Singapore and Hong Kong have been working to offer vaulting services to central banks that are looking to diversify their storage. Singapore’s deputy prime minister on Monday said the city-state would launch an over-the-counter clearing system for gold this year, along with a vaulting service for central banks.

One of the biggest recent repatriation programmes has been in France, which removed 129 tonnes of gold from the New York Federal Reserve between July 2025 and January 2026 and now stores all its gold domestically.

………

Over the past three years, India’s central bank has also repatriated most of the gold it held overseas with the Bank of England and the Bank for International Settlements.

The share of its gold held overseas by the Reserve Bank of India dropped to 22 per cent in March 2026 from 55 per cent in March 2023, according to the central bank’s data. The RBI did not respond to a request for comment.

Let me be clear here, I do not believe that gold reserves are that significant in the modern financial system, but the movement of these assets is an indication of reduction of trust in the US and UK, and that is significant. 

No Blogging Tonight

I just finished a drive up to Central New York.

One of Sharon's oldest friends is getting an arts award this weekend. (A Laurel on the SCA)

I have just finished a 6-hour drive, and I am completely done.

Well, Duh!

So, some psychologists at Penn have looked into why so many bosses are so insistent on a return to the office 5 days a week, and their conclusion is that executives are a bunch of malignant narcissists.

Well, paint my ass and call me Susan! 

When the pandemic came to an end, many people who had been working from home assumed they would be allowed to maintain that habit at least a few days a week. But today in the U.S., a third of companies have forced everyone back to the office full time and have banned remote and hybrid work.

Some leaders say they insist on full-time in-person work because it boosts productivity, despite clear evidence that it does not. Others claim it’s about collaboration, creativity or culture. Our new research reveals that the objection to any work from home is more likely to be driven by something else entirely: ego.

Case by case, there may be good reasons for teams to work together in person. As a general rule, though, it turns out that ordering people back to the office full time is a power and status move. It’s a signature strategy of leaders who exhibit narcissistic qualities. They see any kind of remote work as a threat to their authority and admiration. They want to be worshiped at the office altar.

Welcome to America.

F%$#! I May Have to Read Jane Austen Again

Youtuber Farm to Taber has a fascinating video about how Jane Austen explains how the issues of rural America are really issues of not particularly competent landed gentry, and not corporate agriculture.

I had to read Pride and Prejudice in high school, and I hated every page. 

I had little interest in the topic, which at the time I saw as little more than a Regency romance.

She makes a compelling case that the novel is a trenchant critique of the society of the time which can be applied to rural areas today. 

I am now thinking that I may have to reread that book 46 years after I nearly threw it out the window.

It's Thursday ¯\_(ツ)_/¯

So, initial claims fell, continuing claims rose, and PCE inflation hit a 3 year high.

Notwithstanding the increasingly precarious deal between Iran and the United States to end hostilities, ships are still only trickling through the Strait of Hormuz.

The number of Americans filing claims for unemployment benefits fell more than expected last week, consistent with labor market resilience.
Initial claims for state unemployment benefits ​dropped 12,000 to a seasonally adjusted 215,000 for the week ended June ‌20, the Labor Department said on Thursday. Economists polled by Reuters had forecast 225,000 claims for the latest week.

The data included last Friday's Juneteenth public holiday, which could have contributed to ​part of the larger-than-expected decline. Claims are typically more complicated from the ​end of May through June when the school year ends, as ⁠some states allow non-teaching staff to file for unemployment benefits during the long ​school holidays. Seasonal factors, the model used by the government to strip out ​seasonal fluctuations from the data, do not always capture these moves.

………

The number of people receiving unemployment benefits after an initial week of aid, a proxy for hiring, increased 21,000 to a seasonally adjusted 1.821 million during the week ended June 13, the claims ​report showed. The so-called ​continuing claims data ⁠covered the period during which the government surveyed households for June's unemployment rate.

Meanwhile in inflation land:

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war.

The personal consumption expenditures price index rose 4.1% from a year earlier, the most since April 2023, Bureau of Economic Analysis data out Thursday showed. Excluding food and energy, prices were up 3.4% from a year earlier.

Inflation-adjusted consumer spending rose 0.3% last month after stalling in April.

 

Good News on the Renewables Front

Arizona's extra fees to solar power users has been struck down in state court.

After years in the courts, the Arizona Court of Appeals ruled in favor of Vote Solar, striking down the Arizona Corporation Commission’s (ACC) approval of discriminatory charges for customers of Arizona Public Service (APS) who have rooftop solar. In its decision, the Arizona Court of Appeals vacated the solar fees, ruling that they were imposed in an unfair manner that violated due process requirements.

APS, a regulated utility powering 1.4 million households and businesses in Arizona, first created the solar fees in its 2022 rate case, and they currently amount to roughly $2 to $3 in additional monthly charges for households with rooftop solar. Vote Solar filed an appeal in 2025 against the “grid access charge.”

APS has proposed to increase the fees to roughly $6 per month in its current rate case, which is under consideration at the ACC. Vote Solar, the Arizona Center for Law in the Public Interest (ACLPI) and Earthjustice are opposing the fee in that case as well.

This ruling is about not notifying the public, and not following their own rules, and not about the underlying merits of this fee.

I don't think that the fee will be reinstated, because the ruling requires proper procedure and advance public notice, and if they cannot sneak it in, public outrage would likely force the utility and the regulators to back down. 

Of Course He Did

It's no surprise that Donald Trump has announced that he will block a popular and bipartisan housing bill unless Congress makes it illegal for Black and Brown people to vote.

OK, "Illegal," is a bit of hyperbole.  He just wants to make it as difficult as is humanly possible.

What does the "Save America" Act have to do with housing?  Nothing at all.

Despite rare and overwhelming bipartisan support, a US bill aimed at lowering the cost of housing for Americans is being held hostage by Donald Trump.

The president said he won’t sign the 21st Century Road to Housing Act until the Senate meets his demand to pass the Save America Act, which would dramatically change voting regulations by requiring proof of citizenship at voter registration and significantly curtail mail-in voting.

The housing bill, which was passed with large majorities in the Senate and House of Representatives after months of negotiations, represents one of the biggest efforts in decades to increase the supply of housing and reduce prices. On Wednesday morning, however, Trump claimed it was of “minor importance”.

Trump is trying not to spend the rest of his life in prison, so the voter suppression bill, and the ballroom, and the f%$#ing reflecting pool, are all that he cares about.

Congress Found Some Cojones

Both houses just passed a joint war powers resolution resolution directing Trump to cease all hostilities against Iran.

I think that this is  second or third time in the 50+ year history of the War Powers Act that it has been used to end hostilities, rather than authorizing them.

The Senate voted to limit President Trump’s ability to conduct military operations against Iran without congressional authorization after four Republicans joined with Democrats in a stinging rebuke to Trump a week after he signed a memorandum of understanding with Iran.

The resolution passed by the Senate on Tuesday afternoon, in a 50-48 vote, directs the president to remove U.S. armed forces from hostilities against Iran unless explicitly authorized by Congress, other than to defend America, an ally or partner from “imminent attack.” The resolution, previously passed by the House, is nonbinding but marks the first time both chambers of Congress have passed the same measure to curb Trump’s power to wage the war against Iran.

………

The House passed the same resolution on June 3, in a 215-208 vote, with four Republicans joining Democrats in support.

I do not think that this will amount to a hill of beans, the Trump administration is not one to follow the law, and the constitutionality of a joint resolution is confusing.

Still, it does appear to be a shift in the political direction of the Republican Party. 

Took Our Cats to the Vet Yesterday

Hercules giving his cat Bella a pill

They are both getting up in age, and our 15 year old void cat Meatball/Mousetrap has experienced some weight loss, so we were concerned.

Thankfully, it was "just" hyperthyroid, which is better than the alternatives, (diabetes, cancer, FIP, etc.) but we have to give her a pill twice a day.

She is about as cooperative as one can expect from a ferocious predator under such circumstances.

Meanwhile, our large (17 lb, probably a Maine Coon mix) 12 year old gray and white longhair, needed some matting addressed, and the doctor heard a slight heart murmur, so we are going to a veterinary cardiologist shortly.

We need to brush him more frequently. 

In terms of overall fitness and affect, both seem to be fine. 

I am not sure if the cats have forgiven for taking them to the vet, or if they are biding their time planning revenge.

It's probably the latter. 

 

A Deceptive Bookie? Hoocoodanode?

It has been discovered that Polymarket paid influencers to create videos of fake winnings as a part of their marketing campaign.

The technical term for this is, "Fraud," and in the less enlightened past, people were sent to prison over this.

Polymarket has been banned from letting U.S. users trade on its website since 2022. But the company is waging a secret campaign for Americans’ attention on social media, paying creators to film trades on fake websites and hiring overseas workers to make the videos go viral in the U.S., a Wall Street Journal investigation found.

The campaign bolstered the perception that Polymarket lets users make fast and easy money, as the company attempts to bring its offshore website back to the U.S.

………

We reviewed more than 1,100 videos made by 10 of Polymarket’s more than 100 creators. In 70% of the videos, creators appeared to place a bet on websites that looked nearly identical to Polymarket, but were actually dummy sites the company used to film fake trades. Many of the creators didn’t disclose they were paid by Polymarket until we reached out.

Around 10% of the videos went even further, adding outdated footage or fake headlines to imply they won their bets. Those videos depicted the creators winning almost $900,000. We traced how each bet would have actually been resolved and found that in reality, the creators—and anyone who had placed identical bets—would actually have lost more than $166,000.

………

Polymarket gave its creators bulletpointed scripts and reviewed videos before publishing, people who have worked with the company said. If a video was obviously faked, the creator would be asked to remake it.

Fraud and insider trading are not prediction markets. 

I Wonder Who the Patient Was

A new drug, Retatrutide is awaiting regulatory approval. and is purported to have weight loss effects similar to those of bariatric surgery.

It has now been revealed an unnamed 79 year old with obesity, obstyructive sleep apnea, and pulmonary hypertension was given the drug as a part of the FDA’s “compassionate use” program. (Alternate link)

Gee, a 79 year old fat f%$#er with political connections necessary to get the drug before approval?

I wonder who it could be.

Clearly, it is not Donald Trump, as they have denied this, and we know that this administration never lies.

Millions of Americans with obesity are eagerly awaiting a powerful new drug from Eli Lilly called retatrutide, which has demonstrated bariatric-surgery levels of weight loss. Some aren’t even waiting for approval from the Food and Drug Administration, instead racing to acquire it through sketchy means. 

But STAT has learned that Eli Lilly and the FDA have allowed one person to gain access to the drug through the FDA’s “compassionate use” program, a pathway that gives patients with serious and immediately life-threatening medical issues access to experimental treatments. 

This person was a 79-year-old man at the time the request was made in April, accordig to three sources familiar with the matter. Those sources, who requested anonymity due to fear of reprisals, said it drew the interest of top health officials, suggesting the person receiving this drug was well connected.

………

STAT does not know who the patient is. But given the patient demographics and the unusual nature of the application, STAT asked the White House multiple times whether the patient was President Trump, who turned 80 a week ago, is overweight, and has expressed interest in obesity drugs. 

White House spokesperson Kush Desai directed STAT’s inquiry to the Health and Human Services Department. In response to STAT’s question about whether Trump has obstructive sleep apnea and pulmonary hypertension, Desai said a White House memo detailing Trump’s most recent medical evaluation “covers this.” The memo makes no mention of obstructive sleep apnea or pulmonary hypertension.

Mandy Rice-Davies applies, "Well, they would say that, wouldn't they?"

H/T Atrios 

We Are Unbelievably Screwed

🚨 Update: Niño 3.4 has continued its upward climb — now 29.37°C on June 18.

That is an extraordinary mid-June reading, with 2026 continuing to run above the entire historical pack in the NOAA OISST record.

El Niño is natural. But this is El Niño developing in a warmer ocean… pic.twitter.com/QJnfHJgpZJ

— The Global Warmer🔥 (@TheGlobalWarmer) June 19, 2026

If you can't see it in the image, the source is NOAA, and it looks like we are about to see an El Niño and resultant climate upset that approaches the level of the Great Drought that led to the collapse Anasazi society in the 1100s.

The Continuing Adventures of the Criminal Enterprise Formerly Known as Facebook™

I had already noted that Meta is attempting to address rock-bottom morale among its employees with improved snacks, and now it appears that the company is suspending its workplace surveillance of its employees.

This is not due to an outbreak of morality among senior management, but rather because they screwed up and inadvertently released their extensive tracking to the wild.

Facebook careless with employee data?  The next thing that you tell me is that Facebook is careless with user data. 

Meta is pausing a divisive employee tracking program after an internal security issue exposed potentially sensitive data collected through the initiative to other workers.

“We have carefully designed this program with privacy safeguards and while we have no indication at this time that any data was improperly accessed by Meta employees, we're pausing it while we investigate,” says company spokesperson Tracy Clayton.

Meta rolled out the Model Compatibility Initiative (MCI) tool in April to US employees. The tool “collects computer inputs such as mouse movements, click locations and keystrokes, as well as screen content,” according to workers who have been petitioning against it over privacy, security, and personal liberty concerns. When MCI launched, employees couldn’t opt out, but that changed to a limited degree after workers protested.

………

On Monday, a Meta engineer issued an internal security notice stating that databases filled with information gathered by MCI had been exposed to anyone inside the company.

A former employee actively involved in pushing back against MCI describes the lapse as “a mess” —and one that employees had expected would occur. “When workers raised concerns, leadership doubled down and failed to acknowledge the risks workers raised about the safety and privacy of worker and customer data,” the person says. “Leadership has clearly created an authoritarian environment where workers are no longer respected or heard.”

If Mark Zuckerberg were to be killed in a plane crash, I expect spontaneous celebrations in most of the offices of Meta.

Look! A (Shadow) Bank Run!

That's a bank run When redemption requests from a private credit fund exceed 15% in a quarter, that's a bank run.

Apollo, and I would assume Cliffwater, and probably HPS and Blackstone are experiencing a run on their assets. (See graph)

To the degree that anyone is saying that it is not a bank run, particularly since Apollo is restricting redemptions, they are lying.

Investor redemption requests at Apollo’s flagship retail private credit fund surged to 17 per cent of the vehicle’s value in the second quarter, underscoring fears of falling returns and rising stress in debt markets.

The firm’s $15bn Apollo Debt Solutions fund pitched to wealthy individual investors reported roughly $2.4bn of withdrawal requests in the most recent period. The fund met less than 30 per cent of the withdrawals it faced in the quarter, capping redemptions at 5 per cent of the value of the vehicle.

The Apollo fund, which has an investment portfolio worth nearly $26bn, had been hit with withdrawal requests of 11 per cent in the first quarter.

The rising withdrawal requests at the fund signal that the broader investor exodus from private credit has not abated, even as public markets have rallied and a sell-off in loans to private equity-backed software companies has moderated.

The funds have been a significant fundraising source for private investment groups, offering lucrative fees for the asset managers. However, private credit has faced scrutiny over its lending to the software industry, given the risks companies face from advances in AI.

Investors have sought to pull nearly $15bn from nine major funds tracked by the FT in the second quarter. The funds, which manage roughly $200bn across their investment portfolios, have met less than 40 per cent of the withdrawal requests.

………

The Apollo fund, like most of the vehicles operated by its competitors, is relying on a gating mechanism that allows the investment manager to restrict redemptions when they eclipse a 5 per cent threshold.

I'm waiting for lawsuits from the investors in these funds, sooner rather than later.

This sounds a lot like 2008, or 1929. 

Keir Starmer Achieved All of His Goals as PM

Outlasted by a head of lettuce His goals were to drive the left and labor out of the Labour Party, and then tack ferociously to the right in order to appeal to right wing British thugs.

Unfortunately, it turns out that neither traditional Labour voters nor Farage's Brown Shirt minions found him appealing.

Truth be told, I don't think that anyone found Starmer appealing. 

Britain is to get its fifth prime minister in four years after the current incumbent of Downing Street, Keir Starmer, announced that he would resign.

It was widely expected and came after months of mounting pressure on Starmer, who led the Labour party to a landslide victory in the 2024 UK general election but who has faced months of pressure to quit from members of parliament (MPs) for the centre-left party.

The announcement sets the scene for him to be replaced within weeks by Andy Burnham, who was a minister in the 2007-2010 government of Gordon Brown and, from 2017 until last week, the mayor of Greater Manchester.

Burnham is seen by many in Labour as the party’s best hope of defeating the challenge posed by the populist-right Reform party, led by Nigel Farage.

Nigel Farage is not a problem for Labour, chasing Nigel Farage to the right is a problem for Labour.

If Labour's response to the current situation in the UK is continuing prosecutions of peaceful protesters and inflicting gratuitous pain on immigrants and the transgender while ignoring the plight of the average Briton, Farage will win.

 

First He Fucked Ayn Rand, and Then He Fucked the Country.

Alan Greenspan has died at the age of 100.

Here's hoping that he's being fed shit sandwiches in Hell right next to Henry Kissinger. 

Linkage

• Commodore’s newest gadget is a flip phone that blocks social media and browsers (Ars Technica) The first compelling product from Commodore in decades.
• Humans Were Using Fire Long Before Scientists Thought Possible, Study Says (Gizmodo) About a million years ago, by Homo erectus.
• Cracking stories, Gromit: Wallace’s long-suffering canine companion to tell all in memoir (The Guardian) Finally an autobiography worth reading.
• Campaigner threatened with prosecution by Environment Agency after waterway cleanup (The Guardian) In the UK, of course.
• Companies That Embraced AI Are Now Rotting Away in a Very Specific Way (Futurism) AI slop is destroying institutional knowledge, and institutional knowledge is essential to reviewing AI slop.

Cats is cats:

Funny, Innit?

Yes, an anecdote is not data, but this story about how learning in a high school improved after it returned to pencil and paper sounds like it might mean something.

Would you believe it: a teacher and her students say their reading ability soared after banning tech in the classroom.

Maureen Mulvaney, an AP Literature and English teacher at Washburn High School in Minneapolis, started the low tech experiment last year after becoming frustrated with plagiarism, distracted students, and plunging literacy rates.

And so, with the enthusiastic support of parents, she banned phones and laptops, requiring all coursework to be done with pencil and paper. The turnaround was quick and resounding, and despite some initial resistance from students, they quickly fell in love with the old, analog ways of doing things.

In September, before the experiment started, just 46 percent of Mulvaney’s students said they felt confident about their reading ability. By February, that share shot up to 95 percent.

“We’re having a lot of trouble in education and I think what my kids told us was that there is a solution and the solution is to go low-tech. Go back to the old ways of doing things,” Mulvaney told local TV news station KARE 11. “Remove all the distractions and we can get our kids back.”

To be fair, if I had to write everything long hand, it would probably kill me. (I do use pen and paper for note taking though)

I have been using a keyboard, starting with a powder blue Smith Corona typewriter, when I was 15, but it does seem to me that many of the computer aids in current education seem to be a cure worse than the disease.

Vaccines Work

In the UK, the widespread rollout of the HPV vaccine has cervical cancer deaths for young women falling to 0.

Imagine that.

The HPV vaccine, which protects against the Human Papillomavirus responsible for most cervical cancer cases, has been linked to a dramatic decline in cervical cancer deaths among young women in England, according to a new study published in The Lancet.

Researchers from Queen Mary University of London found that no cervical cancer deaths were recorded among women aged 20-24 years in England between 2020 and 2024, marking the first time such record in a five-year period. The study estimated that around 23 deaths would have been expected in this age group if the vaccination would not have been introduced.

The Human Papillomavirus (HPV) vaccine protects against several cancer-causing strains of the virus, particularly those responsible for cervical cancer. It works by prompting the body's immune system to produce antibodies that can neutralise the virus before infection occurs. Health authorities generally recommend routine vaccination for children aged 11 or 12, although it can be administered from the age of nine.

The study revealed that early vaccination at age 12 or 13 virtually eliminates the risk of cervical cancer deaths before age 30. Prior to the introduction of the vaccination programme in England in 2008, around 20 cervical cancer deaths were recorded annually among women under 30.

Get your vaccines. 

Not Gonna Happen

Still, it is heartening that the Senate Armed Services Committee has Added a provision to the national defense authorization act that would require Pentagon pre-approval before engaging in stock buybacks or paying dividends.

Even if this were to make it into the final bill, the Pentagon would never enforce it.

Just look at the fate of the march in rights in the Bayh-Dole Act of 1980.  The have never been used.

Still it is nice that the problem has been identified. 

The Senate Armed Services Committee approved a must-pass bill with a provision that could bar some defense contractors from executing stock buybacks or paying dividends unless they have Defense Department approval.

The measure, an annual bill known as the National Defense Authorization Act, was approved 18-9 in a closed-door committee meeting last week. The stock buyback provision’s inclusion in the committee’s bill greatly increases its chances of becoming law and sets up a potential sea change in how the Pentagon interacts with some of the country’s largest businesses.

.........

The provision in the bill, Section 815, specifically would prohibit the Pentagon from entering into contracts with contractors unless the contractor agrees in writing not to “purchase an equity security of such entity, or any parent entity of such entity, that is listed on a national securities exchange” or “pay dividends or make any other capital distribution with respect to the equity securities of the entity.”

The provision would take effect June 15, 2027. The defense secretary could agree to waive the limitation if the contractor provides a “qualifying defense investment plan.”

That F%$#ing Paper

Did the New York times just BOTH SIDES Ken Paxton's sweetheart deal for a child sex predator. Yes, yes it did. pic.twitter.com/wIylCgg5kP

— scary lawyerguy (@scarylawyerguy) June 19, 2026

Since part of the subhed was cropped out by Ecch (Twoitter), let me give you the full bit, "The case, which resulted in a short jail sentence despite years of alleged abuse, has drawn outcry in Texas. So have the attempts to politicize it." 

Yeah, the problem with Ken Paxton cutting a corrupt deal with a child molester is people criticizing the corruption.

What the f%$# is wrong with these people?   

It's TACO Friday

Following push-back from the climate community and Congress, the Trump has backpedaled on its plan to remove Ocean Observatories Initiative (OOI) sensors.

This would have left the United States blind to climate change events.

Thankfully, Trump Always Chickens Out (TACO). 

The Donald Trump administration has reversed its decision to dismantle a $368m deep-sea observation system following an outcry from lawmakers and ocean experts.

On Thursday, the National Science Foundation announced that it would halt plans to dismantle the Ocean Observatories Initiative, stating: “effective immediately, [it] will not proceed with further removal or descoping of equipment from the remaining arrays and will continue operations including planned maintenance”.

The agency added that it “appreciates the concerns raised by the range of stakeholders that have informed us they rely on data” from the OOI.

The NSF also said it would “issue a Dear Colleague Letter to collect input from stakeholders and convene an expert panel to assess observational needs, evaluate available data sources, consider responses … and help the agency identify a sustainable path for NSF’s ocean observing systems”.

The OOI comprises more than 900 instruments that collect data on ocean health, including current patterns, climate variability and marine biodiversity. Its observation arrays are located off the coasts of North Carolina, Oregon, Washington and Alaska, as well as in the Irminger Sea, a marginal sea between Greenland and Iceland.

They hoped to pass this through with no one noticing, because their response to anthropogenic climate change is to cover it up.

The foal was to  

And The Tolls Are Coming Back

In news that would surprise no one, Iran has announced that they will be restarting transit fees Strait of Hormuz after 60 days.

Gee, color me completely unsurprised.

Iran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding.

Tehran, claiming a historic victory over the US, said the strait was under its control and a European plan for a naval mission to escort ships though the strait would not be welcome. The US on Thursday lifted its blockade of Iran, and oil tankers began freely moving through the critical channel.

………

The talks, which are the first direct meeting between the two sides since they met in Islamabad on 12 April, will be focused on how to implement the 14-clause memorandum, including how to lift sanctions on Iran’s oil exports and ensure that commercial traffic starts to flow freely through the strait of Hormuz.

In a blow to those hoping the strait of Hormuz would be restored to full and permanent freedom of navigation, Mohammad Bagher Ghalibaf, Iran’s chief negotiator, said the strait needed to be managed, which would come at a cost. 

Trump is a loser.

Lame Ass Business Management

As a result of mass layoffs and widespread forced AI grinding, the morale of the employees the criminal enterprise formerly known as Facebook™ is falling off of a cliff.

It appears that Meta's answer to this problem is to improve the snacks at work.

As Anna Russel would say, "I'm not making this up, you know."

After axing thousands of jobs and monitoring employees as they train the AI that could ultimately replace them, it’s perhaps unsurprising that morale at Mark Zuckerberg’s Meta is at a low ebb.

It was confirmed this week in a leaked meeting to Business Insider in which Chief Technical Officer Andrew “Boz” Bosworth said that morale is “probably one of the worst it’s ever been.”

………

So far in 2026, Meta staff have had plenty to grumble about. The company laid off 8,000 jobs in April and began tracking workers’ computer activity. The monitoring is so that the company can train its AI models, raising the awkward issue that staff could be helping the very tech that could wind up replacing them.

Aside from the layoffs and 1984-esque surveillance, Meta has assigned roughly 10% of its workforce to train its AI models full-time, which is largely mind-numbing data-labeling. The Applied AI engineering unit comprises roughly 6,500 engineers and product managers. Workers liken it to being “drafted” — one even went so far as to describe it as a “gulag.”

………

But Meta’s leadership, recognizing the company’s sagging esprit de corps, is taking steps to improve morale. For starters, the snack budget is being increased, along with the travel and events fund.

I wish that I had the guillotine concession at Meta.  I'd be as rich as Mark Zuckerberg.  

History Rhyming

So, in addition to seeing localized housing price declines, we now see housing starts falling to a 6 year low.

It smells like 2008. 

May housing starts fell to the lowest level since the pandemic disrupted construction six years ago, the U.S. Census Bureau announced Tuesday. Builder confidence has dropped recently because of higher material and financing costs.

The change threatens to exacerbate housing shortages and disrupt recent progress in most states toward building enough new housing for new residents.

Starts were down to an annual rate of 1.17 million, the lowest since April 2020, and an 8.5% drop since May 2025. The drop since last year was especially severe in the South, down 15%, and the West, down 11%, but the Northeast saw a 19% increase and the Midwest increased 6%.

These numbers vary from region to region, but it's more like they are taking turns.