The Fed is still pretending inflation is “transitory” while everyone else is watching groceries hit luxury-item prices; global markets are staggering around like they’re in a late-night bar fight; the Middle East is somehow even more on edge than last week; Europe’s energy plans look like a group project no one started; Big Tech is bragging about “innovation” that’s basically old ideas with better lighting; AI regulation is moving at the speed of a sloth on vacation; and politicians everywhere are locked in their usual talent show of bad decisions and overconfidence.
1) As I predicted, the "Tar Baby" strategy of President Trump regarding the Epstein files is under way. Now it was revealed that Hakeem "Movin' on Up" Jeffries was a dinner guest of Epstein's; and that Rep. Jamie "The Lil' Racal" Raskin is under fire for publishing emails from Ghislaine Maxwell while she was in prison. DemoKKKrat mouthpiece and overall chortlebucket Larry Summers went into hiding after Epstein messages showed him messaging one of Epstein's er, "clients." It was also revealed that leading DemoKKKrat fundraising groups were still hitting up Epstein after he was convicted. Not surprisingly, Politico is warning DemoKKKrats this will backfire. As I mentioned, Larry (Cruel) Summers may be the first to go. He is hiding and apparently Harvard is opening an investigation into him.
2) Another Hoax News Spoogefest over Trump calling a reporter "Piggy." Er, no. Her name is . . . PEGGY.
3) President Trump's approval on foreign policy is up like a rocket.
4) I think this is called treason, and in a just world, these DemoKKKrat senators would face the gallows for urging members of the military to defy Trump.
5) In a White House meeting with Mohammed Bin Salman, Saudi Arabia's ruler, President Trump called SA our major "non-NATO ally." Maybe that's cuz he pro9mised over $1 trillion in investments into the U.S.
6) A federal judge blocked the TX redistricting plan as "racist." As Seth Keshel noted, it's unlikely that CA and TX will go separate ways. Either the Supes will validate both redistricting, which is a wash, or neither, which is a wash. Currently Seth has the House in 2025 coming down to four or five tossup ("decisive") seats. However, the Supes could deal with TX under the racial redistricting case in front of them and then handle CA separately on its own state's legal merits. So I think there is a way to gain TX and Ds to lose CA. The IN governor has called out the state senate there for NOT redistricting, and has threatened a special session.
7) House Oversight Committee Chairman James Comer has vowed that the Clintons will get the "Bannon treatment" (i.e., jail) if they defy Congressional subpoenas to testify.
8) Of course they are. The terrorist-supporting Islamic org CAIR is cutting checks to "student" radical anti-semites who were disciplined by universities. May this money turn to flies in your mouth.
9) Former FBI director Smarmy Chris Wray lied to Congress about Trump-would-be-assassin Thomas Crooks's social media presence.
10) The failure of the House to censure Delegate Stacy Plaskett of the Virgin Islands for her involvement with Epstein was the result of a "back room deal" where the DemoKKKrats abandoned a censure measure against Republican Rep. Cory Mills of FL, who faced charges and a restraining order for his involvement with a former beauty queen. By the way, censures mean absolutely nothing.
11) In Benghazi-by-the-Lake, a mom and her kids were jumped by a feral pack of "children" (several taller than her), leaving her beaten.
12) DemoKKKrat senators are in a tizzy now that John Can't-Carry-a-Thune has scheduled a hearing on payouts to eight Republican senators for having been victims of phone spying under Rutabaga.
13) Climate-change concern has plummeted in big cities. This is a big win for the DemoKKKrat Party, which has a civil war between the greens and the Tech Bros AI crowd.
14) File under "Truth is stranger than fiction," as a MI man named James Donald Vance (JD Vance) has been convicted of threatening to kill President Trump and his children.
15) Transpo Sec Sean Duffy says that states gave drivers' licenses to over 114,000 illegal criminal aliens.
15) The number of foreign students, including illegals, in American schools has dwindled significantly. Check out these numbers: in Miami-Dade the number is down 14,000 from last year, 20,000 from two years ago. Deportations is the cause of some of this; the China Virus, exposing the bias and uselessness of public education is another; and the pull of private and homeschooling is yet another factor. Take my little burb of Chandler, AZ (pop. about 250,000): Chandler public school occupancy rates have collapsed. Roughly 1/3 of elementary schools are below 60% "occupancy" and another third are only at 60-80% occupancy. In other words, only 20% of Chandler schools are full. This means a LOT less money for the schools from da Feds.
16) Good. TX Gov. Greg Abbott designated Muslim terror-supporting groups as "not welcome in our state.
17) Yes, millions of illegal criminal alien invaders are getting food stamps.
18) So far, DHS is staying ahead of the "ICE resist" scab-pellets, as no sooner did they mobilize in Benghazi-by-the-Lake than ICE hit Charlotte, NC; then, as the leftoids descended on Charlotte, DHS announced new massive raids in Louisiana and Mississippi called the "swamp sweep." A quieter Houston sweep netted 3,500 illegal invaders in six weeks during the shutdown.
19) Ed Secretary Linda McMahon announced a major step in the dismantling of the Department of (Non)Education by breaking up many of the departments and sending them to other agencies. Once you get DoEd down to a manageable size, you can completely disestablish it. Americans favor this, says this poll. Oh, and the freakout about the ChiCom students? Trump defended it on the grounds that a large number of US universities would go broke without the uber-high charges they put on foreign students. Personally, I think it's about something deeper, namely, a stall tactic while the U.S. builds up it rare earth mineral supply chain outside of China. But meanwhile, in the background, this: there has been a drop in ChiCom students, not just this year, but for two straight years.
20) Robert George and seven other staffers quit Heritage over its defense of the Tuckster's interview with Nuremberg Nicky Fuentes.
21) Growth is real, and astounding, under President Trump but we need far more jobs to show up. GDP for third quarter is not only 4.2%, but is dependent heavily on private sector growth, not gubment jobs growth.
22) A top Toyota exec dressed in full MAGA gear at a NASCAR race as the company announces $912 million in new U.S. investment.
23) ADP says the private sector cut 2,500 jobs heading into November. Folks, President Trump's program will work and is working. As Denzel Washington (coach "Herman Boone") in "Remember the Titans" said about his veer offense, "It's like novocaine. Give it time. It always works."
24) WINNING. The U.S. trade deficit shrank to a year low $59.6 billion.
25) Meanwhile, get ready for some stock market ups and downs as AI shakes out. Yesterday, the market dropped 500 points over AI fears. Even Google's CEO warned of an AI bubble., The founder of Klarna issued a warning, saying he is "very nervous" about AI stock prices. Meanwhile, as always, President Trump is ahead of the curve, calling for national AI standards to replace the patchwork of state rules and regulations regarding AI.
26) The ChiComs, meanwhile, are restricting export of a Rare Earth Mineral (REM) called Yttrium. Not making that up. It's a key element used in coatings of various engines and parts.
Declan Glaney has a plan to replace the "internet" called the "outernet," or a Data Ark in space. Of course, the ChiComs oppose this. This is the next big thing, as both the U.S. Navy and Peter Thiel are backing this.
28) Mortgage demand fell 5% from previous week.
29) Wait for DemoKKKrat squealing on this one, as President Trump said he is the first former McDonald's fry cook to become president.
30) A Ninth Circuit panel temporarily blocked Kollyfornia's climate reporting requirements on private companies.
31) Corporations are backing away from woke "ESG" goals.
32) Tar-gay reported a $227 million drop in sales from April to June. Guess those homosexual pride parades ain't paying the bills, huh?
33) Sweden is in big trouble with its retirement funds, as I mentioned Monday. This is due both to the demographic inversion but more immediately to the moronic investment of retirement funds in green fecal piles. Case in point? UK Pension funds.
34) India has deepened energy trade with the U.S. to atone for disagreements over the tariffs.
35) Good news here, as Princess Kate is back on the town now and looking stunning. Glad she has recovered.
36) Superstar fitness guru from the 1990s, Susan Powter, saw her empire crumble and ended up as an Uber Eats delivery driver.
37) So, if you didn't get my Substack yesterday, I saw "Nuremberg" Monday night with my son and a friend. We were the only three people in the theater. Russell Crowe was good---not great; Remi Malik was ok. The problem was that the film about the Nuremberg trial of Herman Goering and 21 other Nazi uppity-ups never really got to the key question Goering raised in his defense, namely that the Nazis' concentration camps were no different than the bombing of Hamburg or the atomic bombing of Hiroshima. They are galactically different, but Hollywood hates America so much that even now it can't figure out that distinction.
Larry Schweikart (@LarrySchwe94560)
Rock drummer, Film maker,NYTimes #1 bestselling author
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