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Democrats Still Don't Know How To Read Charts
Authored by Matt Margolis via PJ Media,
Democrats can be unintentionally hilarious sometimes. Gov. Gavin Newsom (D-Calif.) reposted a chart on X Tuesday claiming housing prices are "the most unaffordable in history," and that it was Trump's fault.
There was just one huge problem.
Great work, @realDonaldTrump!
— Gavin Newsom (@GavinNewsom) September 15, 2026The chart Newsom shared showed that the housing affordability gap actually widened during Joe Biden's presidency, and X users noticed almost instantly, flooding his replies with screenshots of the very data he'd just posted as though it helped his argument. It didn't take long for the pile-on to turn Newsom's own post into a meme about his reading comprehension.
But the funny thing about it is that Democrats keep doing this. In July 2025, the Democratic National Committee posted a chart that they thought proved grocery prices were spiraling out of control in Trump's second term.
The chart told a different story. It showed a huge spike under Biden. The DNC had unwittingly undermined its own attack on Trump. Social media users mocked the party within hours, dissecting the chart line by line, forcing the DNC to quietly delete the post... not that that stopped us from making fun of them anyway.
@TheDemocrats Democrats really are this stupid. https://t.co/SlkAQ1ol2K
— Matt Margolis (@mattmargolis) July 25, 2025Then came Sen. Bernie Sanders (I-Vt.), who spent the Schumer Shutdown standoff in October 2025 defending Obamacare subsidies. In the process, he put up a chart on X arguing for expanded tax credits. What the chart actually showed was health care costs more than doubling since 2000, climbing at a steady clip both before and after Obamacare passed, proving that Obamacare had failed to slow down the rising costs of healthcare, let alone reduce it.
Costs have never declined, flattened, or stabilized since Obamacare took effect, and every subsequent "fix" failed to make coverage "affordable."
Health care is already unaffordable. We cannot allow premiums to skyrocket by 75% for millions of Americans. That's what this struggle is about. https://t.co/rHFY56HqN4
— Bernie Sanders (@BernieSanders) October 1, 2025And then Sen. Amy Klobuchar (D-Minn.) picked up the baton in late November 2025. She claimed in a post (with a supporting chart) that power bills had surged 11% under Trump and blamed him for rising past-due balances.
The problem with her claim was that the utility rate spike she referenced happened under Biden.
Under President Trump, electricity prices are surging - up 11%! - leaving millions behind on their utility bills, with past-due balances at an all-time high. American families deserve better. https://t.co/OQX8zzl6DB
— Amy Klobuchar (@amyklobuchar) November 26, 2025X users called her out quickly and spent the rest of the day passing around corrected versions of her own chart.
Are you seeing a pattern here? Democrats and charts - they just don't mix.
The funny thing is that I'm sure they'll keep trying. They think they can make an accusation accompanied by a chart, and it looks authoritative and true. In the end, they just prove how stupid they are.
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Tyler Durden Wed, 09/16/2026 - 13:25Lena Dunham and husband Luis Felber’s relationship timeline: From early romance to welcoming first baby
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Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Federal prosecutors have accused two former Robinhood engineers of turning their access to the company’s crypto plans into personal trades, according to Bloomberg.
Hefu Chai, 36, and Huaisong Xiang, 30, are accused of learning in advance which digital assets Robinhood intended to add to its platform. Rather than simply keeping that information inside the company, prosecutors allege they positioned themselves in derivatives tied to those tokens before the news reached the public.
Bloomberg writes that the trades were placed through Hyperliquid, a decentralized platform offering perpetual futures, and allegedly occurred over a period spanning 2025 and 2026. Authorities say both men walked away with more than $50,000 in profits.
Robinhood says the activity was uncovered internally and subsequently brought to the attention of regulators and law enforcement. Neither man still works for the company.
A Robinhood spokesperson said the firm has “zero tolerance for insider trading” and maintains controls governing employee access to sensitive information, including details surrounding upcoming crypto additions.
The criminal cases are now moving through federal court. Xiang was released on a $50,000 bond after a judge declined prosecutors’ request to keep him detained over concerns that he might leave the country. His attorney, Robert Stahl, says Xiang denies wrongdoing and plans to contest the case. Chai had not publicly commented on the allegations at the time of the report.
And so crypto continues its remarkable technological achievement of recreating virtually every questionable activity from traditional finance, only faster, with more leverage and usually with a Discord server somewhere in the background.
Tyler Durden Wed, 09/16/2026 - 13:05FBI Agent Wanted To Criminally Investigate Elon Musk, Email Shows
Authored by Zachary Stieber via The Epoch Times,
An FBI agent pitched investigating Elon Musk for his work with the Department of Government Efficiency (DOGE), according to an email released on Sept. 15.
FBI agent Kevin Gounaud wrote in the Feb. 22, 2025, missive to a supervisor that he wanted to recommend opening a criminal investigation into the person or people at the Office of Personnel Management who approved transmitting an email to government workers about what they had done the previous week.
That person was conspiring with Musk "to violate government-wide security policy and transmit sensitive government information outside of a strict need to know," Gounaud said.
"Furthermore, Musk used a non-government system (Twitter) to relate information that allegedly was for official purposes," he said.
"In doing so, because he is monetized ... he likely generated income for himself based on Twitter's monetization and/or advertising revenues."
Gounaud compared Musk's action to how former Secretary of State Hillary Clinton used a private email server to conduct government business.
The FBI declined to take action against Clinton, determining she lacked criminal intent.
Gounaud said Musk also likely violated a federal law that bars executive branch employees from participating in government matters that impact their own interests.
"Happy to write the case opening and find a prosecutor (or at least try)," the agent told the supervisor.
He added later, "And no, I'm not kidding."
Gounaud could not be reached for comment.
Sen. Chuck Grassley (R-Iowa) released the letter as senators questioned FBI Director Kash Patel during a hearing in Washington.
Grassley said the email, along with other evidence from actions taken by additional agents, "undercut public statements by former FBI officials that agents don't get to pick their cases."
The FBI and Musk did not return requests for comment by the time of publication.
Patel told senators that the FBI has fired agents who were involved in certain probes, including collecting intelligence in a malfeasant manner.
"And in terms of criminal investigations that sprout from that, I can only comment on what's been public, but there are a number of ongoing investigations regarding this illegal conduct," he said.
Gounaud is no longer with the FBI, as of February, according to his LinkedIn page. He had been with the bureau since 2004.
Musk's time as a special government employee concluded in the spring of 2025, while DOGE formally shut down in July.
Musk has not been charged to date.
It was not clear whether Grassley has obtained other emails involving Gounaud, including any responses the latter received to his pitch for a probe of Musk.
A spokeswoman for the senator did not return contact following an inquiry.
Tyler Durden Wed, 09/16/2026 - 12:45Jerry O’Connell’s Incredible Cameo In ‘Neagley’ Has To Be Seen To Be Believed
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Apollo Puts A Multi-Trillion-Dollar Price Tag On America's Industrial Comeback
Apollo’s head of thematic investing, Rob Bittencourt, says US reindustrialization is already “underway,” driven by efforts to reshore critical supply chains, rebuild domestic industrial capacity, expand data centers, restart the rearmament cycle, and power up the grid for the next evolution of the modern economy.
Rebuilding the industrial base could require trillions of dollars in additional investment, Bittencourt explained. The effort reflects a broader push to reduce dependence on foreign suppliers, including China, in sectors where disruptions carry significant economic and security consequences, as previously learned during the supply-chain madness of the Covid era.
The Trump administration has made reviving domestic production a national priority. Manufacturing's share of US GDP has fallen from about 28% in the 1950s to an alarming 9%, as investment shifted toward services, software, and other asset-light activities.
Semiconductor chip plants, data centers and supporting energy infrastructure are now attracting the most capital, but Bittencourt cautions that the recovery remains concentrated in tech-related industries. A broader manufacturing revival will require sustained investment flows, highly skilled labor and broadening domestic supplier networks.
Bittencourt's price tag for restoring the combined US manufacturing and defense industry to its share of GDP in the 2000s would require $2 trillion in incremental investment. Returning to 1980s levels would require a staggering $6.5 trillion.
However, Bittencourt raised some important concerns about the reindustrialization underway, including elevated labor costs, lengthy permitting processes, shortages of skilled workers, and power constraints that threaten to delay projects or raise costs.
Let's not forget that Democrats are hell-bent on imposing data center moratoriums and jeopardizing the whole buildout that has been a driver of economic growth. It has become increasingly odd that one political party would want to halt reindustrialization trends that rebuild the core. But given that Democratic Socialists of America leaders say, in their own words, that they want to destroy the nation from within, none of the moves that Democrats in their "big tent" party should be surprising.
Back to Bittencourt, he said, "Reindustrialization should not be confused with the goal of complete economic self-sufficiency. In our view, the US is unlikely to rebuild every supply chain domestically, nor would doing so make economic sense," noting, "The more realistic objective is strategic self-sufficiency: increasing capacity where supply disruptions carry the greatest economic or national-security consequences. That points toward priority sectors including energy, semiconductors, aerospace and defense, rare earth minerals, pharmaceuticals, and the technologies that enable advanced manufacturing."
He continued, "What emerges, we believe, will look very different from the industrial economy of the 1950s: more modern, more automated, and more resilient, built to support the technologies and security priorities of the 21st century."
And Bittencourt concluded, "This rebuilding is part of a much broader Global Industrial Renaissance."
Professional subscribers can read the full note here at our new Marketdesk.ai portal.
Tyler Durden Wed, 09/16/2026 - 12:25These cars are most likely to be stolen this year, experts say — ‘incredibly common’ malfunction to blame
Crude Slides On Report Saudis Could Restore Half Of East-West Pipeline Flows Within Days
WTI futures fell to $101 a barrel around midday in New York after Bloomberg reported that Saudi Arabia could restore roughly half the East-West pipeline's capacity within days. The pipeline, a critical export route bypassing the Strait of Hormuz, has been shut since last week's drone attack.
The outlet reported:
State-run Saudi Aramco is working to bypass a damaged section on the route that will allow it to resume part of the pipeline's capacity, the person said, asking not to be identified because the matter is private. The company is looking to return the conduit to its full capability in about six weeks, they said.
A successful restart of the pipeline, which can carry 7 million barrels of crude per day to Yanbu on the Red Sea while bypassing the Strait of Hormuz, would likely provide welcome relief for Europe, which had crude cargoes for this month canceled because of the disruptions.
However, the reported six-week timeline for full recovery is troubling news for Europe ahead of the Northern Hemisphere winter, with diesel in short supply and natural gas storage levels well below 15-year norms for this time of year.
Saudi Arabia's immediate response to the East-West pipeline disruption has been to ramp up crude loadings from its east coast terminals, maritime research firm TankerTrackers reported earlier today.
Related:
Meanwhile, US diesel crack spreads showed no relief, still averaging around $116 a barrel around lunchtime in New York.
US Energy Secretary Chris Wright told Bloomberg TV at the start of the week that the critical pipeline would be restarted "very soon."
Tyler Durden Wed, 09/16/2026 - 12:20