Society's ChildS


Apple Red

"Start Spreadin' the News": New York losing billions as millionaires flee the Big Apple

Panic Stock Exchange
© Unknown"Spreading the News" Panic at the New York Stock Exchange
Below is my column in the New York Post on the sharp decline in millionaires in New York, costing the state billions as many flee. The exodus has been building for years but may now be accelerating. As Mayor Mamdani holds another press conference promising to end the "violence of evictions," businesses are reading the writing on the wall. Rather than work to make the state more attractive to wealthy residents and businesses, Democrats are seeking to diminish the appeal of two-tax states. They want to tap into a long-barred area of taxation: the wealth rather than just the income of citizens. By passing a national wealth tax, Democrats will reduce the benefit of fleeing high-tax states like California and New York.

Here is the column:

"Start spreadin' the news, I'm leavin' today" — that's how the famous song "New York, New York" captures the Big Apple's draw.

Today, the line is becoming more ironic than iconic: Many people are indeed leaving ... from "New York, New York".

Worse yet, those "vagabond shoes" that "are longing to stray" are on the feet of the wealthiest New Yorkers.

And as they flee, according to a new study, they're taking away billions in badly needed tax revenue.

As Mayor Zohran Mamdani and others pledge massive social programs and free services by taxing the wealthy, the wealthy are just melting away.

The reason is simple: "if you can make it there, you can make it anywhere."

Warning

Houthis announce blockade on Saudi shipping, threaten drone & missile attacks on kingdom

Houthi rebels
© Middle East EyeHouthi rebels unite
Yemen's Houthi rebels have announced they are imposing a new maritime embargo against Saudi Arabia in response for a recent attack on Sanaa Airport, and after years of the kingdom leading a blockade of Houthi-controlled Yemeni ports.

A military statement by Houthi spokesman Yahya Saree said the maritime ban on all Saudi shipping will be effective immediately in what he declared as an "equation of 'an eye for an eye.'"

However, details of what this 'embargo' will look like, in terms of where or what chokepoints the Houthis might seek to blockade were not given.

Last week the Saudi-led coalition in Yemen attacked the Houthi-controlled Sanaa International Airport, threatening a fragile truce that has been in place since 2022. Saudi jets had prevented an Iranian passenger plane from landing there, after the US-Saudi recognized Yemeni government warned against any Iranian planes entering the divided country's airspace.

Comment: See also:
Saudi-led forces bomb Yemen's Sanaa Airport, reigniting war with the Houthis


Toys

Academia embarrasses itself...again

Pregnant woman
© Getty Images / JGI; Tom Grill
Over at Twitchy, a publication that curates the news in funny yet insightful ways, a headline reads, "Head of Medical School Tells Congresswoman the Vast Majority of Pregnancies Occur in Women." Sure enough, Twitchy is telling the truth.

During witness testimony before a congressional committee examining the impact of forced "diversity," preferential (non-merit-based) admissions, and "woke" ideology upon the quality of medical schools, the chancellor of UC San Francisco testified under oath that not all pregnancies come from women. That chancellor, Samuel Hawgood, is not some administrative bureaucrat with a made-up bachelor's degree in the discriminatory effects of man-made "climate change" upon "transgender" Pakistanis (and an obligatory master's in why American taxpayers must foot the bill for all "sex change" surgeries around the world). No, Hawgood is an actual pediatrician who previously served as UCSF's dean of the School of Medicine. A man who did his residency at the Royal Women's and Children's Hospital in Brisbane cannot tell us how babies are made.

Handcuffs

Mamdani weighs possible Netanyahu arrest at September U.N. General Assembly

Mandani
© ShutterstockNew York Mayor Zohran Mamdani
New York Mayor Zohran Mamdani said city attorneys are reviewing whether local authorities could legally detain Israeli Prime Minister Benjamin Netanyahu if he attends the United Nations gathering in Manhattan.

New York Mayor Zohran Mamdani said his administration is examining whether the city could attempt to arrest Israeli Prime Minister Benjamin Netanyahu when world leaders gather for the United Nations General Assembly in September.

Mamdani acknowledged that he has not determined whether the mayor's office or the New York Police Department possesses the legal authority to detain a visiting foreign leader. He said the question is being discussed with city attorneys and that any action would depend on their interpretation of applicable law.

"Whatever the law allows me to do in New York City, that's what we will do," Mamdani said in an interview published Saturday by The New York Times.

The mayor argued that Netanyahu should face proceedings before the International Criminal Court, which issued an arrest warrant for the Israeli leader in 2024 over alleged conduct during the war in Gaza.

"I believe that Prime Minister Netanyahu belongs in The Hague," Mamdani said. "He's a war criminal who has been charged by the International Criminal Court."

Comment: Nothing changes, except Mamdani is now on Israel's todo list.


Attention

The DSA and the myth of Scandinavian socialism

Lenin sweeps
© Unknown"Comrade Lenin removes the scum from the face of the Earth!"
This week, Darializa Avila Chevalier was asked if there has ever been a "successful model of socialism anywhere in the world outside the United States in terms of both human rights and widespread economic justice." The member of the Democratic Socialists of America responded by citing Sweden and Norway. It is a common false claim made by socialist Sen. Bernie Sanders and others. I address the claim head-on in Rage and the Republic.

DSA figures have been claiming that the socialist measures that they are pushing are proven successes in other countries. They often raise the Scandinavian myth.

Sun

Europe's heatwave is becoming an energy crisis

dry rocks
© Unknown
The intense early summer heatwave in Europe is warming the biggest rivers and drying up their water levels, disrupting energy deliveries, power generation, and key supply chain routes.
  • Europe's heatwave is disrupting energy and transport, with low river levels restricting barge traffic on the Rhine and driving up shipping costs for fuel, coal, and other goods.
  • High river temperatures have forced France to cut nuclear power generation, reducing electricity output as reactors face cooling constraints.
  • The extreme weather is adding to Europe's energy challenges, increasing inflationary pressures and threatening economic growth alongside ongoing disruptions from the Strait of Hormuz crisis.
The heatwaves in Europe started as early as June, with record-breaking temperatures for weeks on end in Europe's biggest economies, Germany and France.

As a result, rainfall was severely limited, and key inland transportation river routes were affected by navigation restrictions, with curbs on the freight volumes a barge can ship. This, in turn, has raised shipping costs and added additional strains to the economies at a time when the protracted Strait of Hormuz crisis is already hiking Europe's energy costs and inflation.

On top of economic and inflationary effects in Germany, the heatwave actually curbed electricity supply in France.

Star of David

Where's Israel?

DJT and Khamenei
© ericpetersautos.com
It is interesting that the country that goaded the United States - well, goaded Trump - into starting the war is no longer an active participant in the war. Let's you and him fight, as the saying goes.

While Israel watches.

Trump in Israel
© ericpetersautos.com
Quietly.

One hears almost nothing about Israel all of a sudden. "Bibi" isn't to be seen. Previously, it was hard not to see him. It's almost as if this war doesn't involve Israel when, of course, it is all about Israel. There would be no war were it not for Israel. Trump has admitted this, telling the world he had to attack Iran because Israel was going to. This somehow makes sense to Trump. More finely, he hopes it makes sense to Americans.

The premise seems to be that had the United States not attacked Iran - had only Israel attacked Iran - somehow that would have resulted in harm to America. Well, that's exactly what happened. Americans have been killed and something on the order of $100 billion has been lost - so far. Americans are paying $4 for gas (again) when they had been paying about $2.80 for it just six months ago, before the war began.

NPC

Best of the Web: The Great Woke College Experiment Is Collapsing Under the Weight of Reality

higher education collapse SAT scores grade inflation
Today is dot-connecting day again! Something profound is happening in American higher education, and you'd never know how profound. Over a two-month period, a series of seemingly disconnected events — the return of standardized testing, the sudden panic over grade inflation, plunging business trust, and a relentless crackdown by the Trump administration — are, in fact, tightly connected. They represent the Great Unwinding of a core ideological project that systematically dismantled academic standards to achieve woke demographic outcomes. Three days ago, the Chronicle of Higher Education reported, "Janet Napolitano Helped Kill the SAT. She's Reconsidering."

If her name sounds familiar, it's probably because Janet Napolitano was Obama's DHS Secretary from 2009 to 2013, during which tenure she implemented DACA and the Transportation Safety Administration (TSA). After leaving DHS, she immediately became president of one of the nation's largest progressive public university systems — the University of California.

Back in May 2020, the UC Board of Regents — then strongly backed by Napolitano as UC's president — voted unanimously to stop using SAT and ACT scores in admissions, a move that killed the tests in one of the country's most influential university systems. Unsurprisingly, this terrible idea grew like cocaine-fueled kudzu all over the Ivory Tower.

Video

Best Picture no longer means best: Why most contemporary movies suck

christopher nolan odyssey cast picture
© Scott A Garfitt/Invision/APMia Goth, from left, Robert Pattinson, Lupita Nyong’o, Tom Holland, Anne Hathaway, Matt Damon, Emma Thomas, Christopher Nolan, Zendaya, Samantha Morton, Elliot Page, Benny Safdie, and John Leguizamo pose for photographers upon arrival at the premiere of the film ‘The Odyssey’ on Monday, July 6, 2026, in London.
How Oscar rules forced Nolan to cast for face, gender, & identity. To compete for Best Picture, Nolan first had to agree not to make it

Christopher Nolan may have made The Odyssey to adapt Homer, but Universal also had to make it for the Academy's confidential diversity, equity, and inclusion spreadsheet. Before the Academy will even consider a 2026 film for Best Picture, the studio must document compliance with it's identity-based standards covering race, sex, and gender identity of the actors, crew members, interns and even executives. Nolan's cast contains many excellent performers. But under the Academy's rules, excellence alone is no longer the measure, and that changes how we should read every casting announcement coming out of Hollywood, including this one.

Start with what the rules actually say, because most moviegoers have no idea they exist. Since 2024, a film cannot compete for Best Picture unless its distributor submits a confidential Representation and Inclusion Standards Entry form, known as the RAISE form, and demonstrates compliance with 2 of 4 standards. Standard A concerns what appears on screen. It can be satisfied if at least one lead or significant supporting actor submitted for Oscar consideration belongs to an Academy-approved list of racial and ethnic groups, or if at least 30% of secondary and minor actors come from at least two categories that include women, racial minorities, LGBTQ+ people and people with disabilities, or if the story itself centers on one of those groups. Standard B counts the crew, requiring qualifying department heads, or at least six technical workers from designated racial groups, or a 30% overall crew threshold. Standard C counts paid interns and apprentices from the designated groups. Standard D counts senior marketing and distribution executives by race, sex and sexual orientation. Of course, none of standards give a picture any credit for hiring white men - they are specifically excluded.

Comment:




Oil Pipeline

Oil traders warn the market is running on fumes: "We've burned through all the buffers"

oil demand futures prices hormoz shock
Brent crude futures
Brent crude futures jumped a little more than 4% to nearly $88 a barrel, putting the crude oil benchmark on track for its biggest weekly gain since April. That move followed an Axios report that said the Trump administration had notified Israel it was deploying additional aerial assets to the region, signaling the US military could expand strikes on Iran as soon as this weekend.

Financial Times spoke with energy traders at the end of the week who warned that slowing tanker traffic through the Strait of Hormuz could trigger a more severe supply crunch than the first round of the US-Iran war because emergency reserves and stockpiles around the world that cushioned the earlier disruption have been mostly depleted.

"We've burned through all of the buffers we had. Everything," said one trader. "All of that's now gone.