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Tue, 30 Jun 2026 02:10:00 +0000 Supergirl Movie A "Girl Boss" Bomb With Disastrous Opening Weekend
Supergirl Movie A "Girl Boss" Bomb With Disastrous Opening Weekend
There's no more excuses. Filming for James Gunn's Supergirl summer blockbuster started in January of 2025, with most of the US celebrating the defeat of woke politi
Read more.....
Supergirl Movie A "Girl Boss" Bomb With Disastrous Opening Weekend
There's no more excuses. Filming for James Gunn's Supergirl summer blockbuster started in January of 2025, with most of the US celebrating the defeat of woke politics and the downfall of DEI. There was no confusion in 2025; woke is dead. Gunn was well aware and decided to make an insufferable feminist "girl boss" movie anyway.
In other words, his failure is his own fault. Either due to hubris, stupidity, or both.
Initial projections for Supergirl a month ago hovered around $70 million for opening weekend. These estimates were already low and the panic within Warner Bros. was palpable. DC Studios was already on its ass for the less than stellar performance of Gunn's Superman, which was supposed to revitalize the comic book movie landscape.
After theaters took their 50% cut of the receipts, Superman barely broke even on paper, though initial data suggests it fell actually short by $42 million before other indirect revenues were counted. This was, once again, largely due to Gunn's moronic insertion of immigration politics into discussion, which repelled audiences.
If Superman couldn't bring in enough fans to make real money, then Supergirl had no chance. Then, the lead actress opened her mouth and started talking, and this was the last nail in the coffin for the release. After Milly Alcock started spewing feminist nonsense in interviews and attacking fans, it was all over.
"It definitely made me aware that simply existing as a woman in that space is something that people comment on," she told Vanity Fair in an interview a few months before release. "We have become very comfortable having this weird ownership of women’s bodies. I can’t really stop them. I can only be myself."
Alcock went on to accuse fans of more sexism when they criticized here strange comments. She then later suggested that Supergirl is LGBT in an effort to virtue signal for gay pride month.
Clearly, people are tired of leftists inserting LGBT sexual preferences into every film and TV show, because Supergirl's numbers plummeted not long after Alcock's interviews. The flick only brought in $38 million on opening weekend - Half of the expected revenues. And, keep in mind, theaters still have to take their profits.
The movie will need to make approximately $500 million to break even, which sets up Supergirl as possibly the biggest failure in DC movie history. Beyond Alcock and Gunn, the production was also constructed around the framework provided by a writer with no experience (Ana Noguiera) and referenced a comic run by Tom King, a former CIA officer and leftist. Anyone with any sense could have seen the disaster coming a hundred miles away.
The lesson is this: Leftists never learn. Until the majority of people in Hollywood finally age out or get replaced with smarter (and more conservative) writers, there is little chance of a dramatic return to form. They will continue to double down until the industry completely collapses. Or, until a new and alternative industry rises to fill the vacuum.
In the meantime, Get Woke, Go Broke dominates popular culture. The progressive invasion is not gone, but they are certainly in decline.
Tyler Durden
Mon, 06/29/2026 - 22:10 Close
Tue, 30 Jun 2026 01:45:00 +0000 LA Does Not Love LA
LA Does Not Love LA
LA Does Not Love LA
Authored by Arthur Schaper via American Greatness ,
Rolling down Imperial Highway
Sweet Nasty Redhead on my side
Santa Ana winds blowing hot from the north
We were born to ride.
I love Randy Newman, and I love his signature song "I Love LA." When he won the mayor's race in 2001, James Hahn played that anthem to celebrate his victory. From city attorney to mayor, Hahn worked to ensure some decency and competence in the city.
Fast forward to today, and Los Angeles is a hollowed-out, burned-out, blown-out shell of what it was.
Hollywood is leaving, and last year, Pacific Palisades went up in flames.
There's no Richard Riordan or Sam Yorty to save the city now.
Two Democrats, a Bolshevik and a Menshevik, will fight for what's left.
Los Angeles had a chance to build on the county's election changes in 2024. In an unprecedented reversal, a Republican turned independent, Nathan Hochman, took on George Soros's handpicked district attorney, George Gascón. He received the support of numerous Democrats, and certainly of Republicans and independents, and he wiped out George Gascón.
Los Angeles County residents were tired of lawlessness. They were tired of seeing the intimate scenes of incarcerated gangbangers raising a toast to a pro-criminal district attorney who was fast-tracking their early release. The same year, California voters overwhelmingly approved Prop. 36, which re-criminalized property theft and gave local and state law enforcement more tools to crack down on crime. The work isn't done, since county courts are stuffed with woke judges putting personal preferences and idiotic ideologies ahead of public safety. But Los Angeles County is going in the right direction, and even the city of Los Angeles voted in larger numbers for Hochman.
Then came January 2025, and the untouchable Palisades went up in flames. Los Angeles Mayor Karen Bass was attending the inauguration of the next president of Ghana, and she could not be reached. The Palisades inferno was a massive failure on many levels and preventable if anyone had heeded the warnings. Seven years ago, entire sections of Northern California went up in flames. Families desperate to flee the raging infernos ended up stuck in traffic and consumed by the rushing flames. The California Democratic political class didn't care then.
Surely, the Democrats in Sacramento and Los Angeles would care about the left-leaning Pacific Palisades, wouldn't they?
Nope.
This year's primary results clearly indicate that Los Angeles city voters have not listened to their better angels. The demons have come in seven times stronger, too, since they find the place burned up and empty, and since no one's there, they've brought more of their vile hordes. How was it possible that voters across the city would embrace more of the same destructive progressive ideology when it's crystal clear to anyone that these failed policies - plus the arrogant lack of concern - are a direct result of this progressive madness? Even in San Francisco, a growing cohort of voters has started taking over the county Democratic Party, and they have fought for some restoration of common sense, law & order, and commitment to enforcement in public safety. It's not enough, but there have been some steps, however minute.
In sad contrast, Los Angeles continues to double down on the same stupidity. This isn't just foolish; it's absolutely dangerous. Unwise people with no regard for the well-being of the everyday citizen have no problem putting more of them in danger. Trump Derangement Syndrome and allergies to anything Republican truly are a mental malady that has trapped Angelenos in a perpetual doom loop.
A few weeks ago, TMZ host Harvey Levin complained about what had happened to Los Angeles during his lifetime. A multi-generational Angelino, Levin has seen the best of the city. Now, he cannot ignore how crappy it has become. The relentless homeless shelters, the skyrocketing crime rates, the overall lack of cleanliness and peace, and the desecration that has overrun a once-getaway destination and a second home for the rich and famous are unavoidable.
Yet the same Harvey Levin repeatedly castigated, shamed, and openly mocked the one candidate who had a campaign platform, character, and commitment to remedy all these problems. Spencer Pratt may have been a reality TV star. But he was also a father and a homeowner who lost everything in the fires . He was fed up, and he decided that he was going to run. He launched AI commercials slamming opponents Bass and Raman with an impressive media blitz. He did a fantastic job in the debates . He cut an incredible cloth as a truly independent candidate. Not beholden to any political party, he didn't care about Trump or Biden or Kamala Harris. He did care about the incompetence of incumbent mayor Karen Bass and her socialist, left-leaning challenger Nithya Raman.
He's a common-sense guy, and anyone with sense would have elected him mayor. But common sense is no longer common - or welcome - in the City of Angels. They stopped electing Republican mayors in 2001, and then they stopped electing Democrats with any regard for the well-being of the city after 2013.
It's a tragedy to see the once-heavenly Los Angeles turn into a hellscape. It's a tragedy that so many voters don't love LA, that their hatred of Trump, their disdain for Republicans, and their insistence on all of the shallow, shameful progressive issues are far more important than the necessities to make sure that their city can function.
I never thought it would come to this, but Angelenos simply haven't hurt enough. How many more homes have to go up in flames? How many more families have to be torn apart by the death of a mother or a father because of crime or natural disaster? How many more businesses have to be destroyed, desecrated, and forced to shut down because City Hall refuses to use its power to do what is best for the rest?
These problems festered two years earlier. Before anti-American immigrant socialist City Councilwoman Nithya Raman made it into the runoff against Karen Bass, she had won re-election to City Council outright in 2024! For weeks during the March 2024 primary, business owners and homeowners repeatedly complained about the homeless and the crime in the streets. And yet for all their complaining then, and a recent protest test of makeshift homeless encampments outside of Raman's home this year, voters still sent the elitist socialist to City Hall.
Los Angeles, be afraid.
The Democratic Socialists of America have aggressively targeted you. Four of the city council members are DSA all the way. They are vying for a city council majority and the mayor's seat. Registered Republicans can't help you now: they have given up on voting or moved out of the city altogether.
What will it take? I am astounded at the destruction and degradation. New York City was one thing. President Trump had pretty much solved the migrant crisis and allowed some degree of enforcement, so New Yorkers got complacent, perhaps? But Los Angeles witnessed the unprecedented disaster that destroyed homes. We all saw the unconscionable incompetence of Los Angeles's political class.
Yet even with that, LA voters voted for more of the same.
I love LA, but clearly, LA no longer loves LA.
Tyler Durden
Mon, 06/29/2026 - 21:45 Close
Tue, 30 Jun 2026 01:20:00 +0000 "Unbelievable Damage": 131-Mph Windstorm Snaps Wind Turbines In Half Across South Dakota
"Unbelievable Damage": 131-Mph Windstorm Snaps Wind Turbines In Half Across South Dakota
An early morning storm ripped through Highmore, South Dakota, about 220 miles east of Rapid City, producing a reported 131 mph wind gust that,
Read more.....
"Unbelievable Damage": 131-Mph Windstorm Snaps Wind Turbines In Half Across South Dakota
An early morning storm ripped through Highmore, South Dakota, about 220 miles east of Rapid City, producing a reported 131 mph wind gust that, if sustained, would fall within Category 4 hurricane strength on the Saffir-Simpson scale.
Local KELOLAND meteorologists Scot Mundt and Brian Karstens were absolutely stunned by the wind speed, which reached 131 mph.
The violent straight-line winds toppled grain silos, damaged infrastructure, and knocked over large wind turbines.
The severity of the storm system is now under review by the National Weather Service for potential state or national wind gust records.
Tyler Durden
Mon, 06/29/2026 - 21:20 Close
Tue, 30 Jun 2026 00:55:00 +0000 Philippines Becomes World's Top Solar Panel Buyer
Philippines Becomes World's Top Solar Panel Buyer
Philippines Becomes World's Top Solar Panel Buyer
By Charles Kennedy of OilPrice.com
People in the Philippines are flocking to install solar power ?on rooftops and escape the burden of soaring electricity prices, making it the world's biggest spender on solar panels since ?the war in Iran started.
Top Philippines power distributor Meralco has raised prices by 10% since the Middle East conflict began in late February. Now, a median household spends around 12% of monthly income on electricity , assuming it consumes 200 kilowatt-hours, approximately the monthly average for three people.
Amid record-beating electricity prices and a supply crunch in fossil fuels, many Filipinos have opted to install rooftop solar panels over the past three months.
The spending on solar panels in the Southeast Asian country, which has been one of the worst-hit Asian economies in the energy supply crisis triggered by the Middle East conflict, topped $407 million between March 1 and May 31, per China customs data compiled by Reuters.
The Netherlands was the biggest spender with $1.1 billion on solar panels but it is a major transshipment hub for solar equipment imports and re-exports , so it’s not really part of the analysis of which country has spent the most.
After the Philippines comes Pakistan, another Asian economy severely hit by the halt of LNG supply from the Middle East. Pakistan has managed to negotiate with Iran some LNG cargoes form Qatar to exit the Persian Gulf in recent weeks. But the energy crisis in Pakistan has also prompted a rush to solar power installations.
Pakistan’s solar boom was already evident before the Middle East crisis.
Distributed solar drove a 21% increase in Pakistan’s national electricity demand in two years, clean energy think tank Ember said in a report last week.
A total of 27 gigawatts (GW) of distributed solar was deployed in just two years, the same as all the operating coal, gas, and oil plants built in Pakistan ever, Ember said.
In the Philippines, rooftop solar has nearly doubled over the past 12 months, according to a separate Ember analysis from the end of May.
Philergy German Solar, a Manila-based ?installer, received more than 2-1/2 times the number of customer enquiries in the first five months of this year compared to last year. At one point it ?fielded 3,000 ?inquiries a day, according to managing partner Jochen Staudter. Customers are deciding to buy "much faster than before," Staudter said. "Demand will continue to be driven by high electricity prices."
In two years, distributed solar capacity could nearly triple to 3,500 megawatts (MW), matching the current size of the Philippines' utility-scale solar fleet, as loan payback times shrink to 3.1 years from 4 years, said Alnie Demoral, analyst at energy think tank Ember. Solar accounts for under 4% of national ?power consumption, government data shows.
The Philippines is China’s second-largest solar panel export market in 2026, only behind the transshipment hub the Netherlands, suggesting significant rooftop pick-up in the Southeast Asian country. China exported over 3,000 MW of solar panels to the Philippines in March and April alone, according to Ember’s data.
Still, the solar boom in the Philippines faces challenges, including high upfront costs for Filipino households and supply chain issues.
Tyler Durden
Mon, 06/29/2026 - 20:55 Close
Tue, 30 Jun 2026 00:30:00 +0000 John Fetterman Warns Mamdani About Defying SCOTUS Immigration Order
John Fetterman Warns Mamdani About Defying SCOTUS Immigration Order
The Supreme Court handed the Trump administration a pair of clean immigration wins last week, and New York City Mayor Zohran Mamdani responded by announcin
Read more.....
John Fetterman Warns Mamdani About Defying SCOTUS Immigration Order
The Supreme Court handed the Trump administration a pair of clean immigration wins last week, and New York City Mayor Zohran Mamdani responded by announcing he would ignore them. Now Sen. John Fetterman (D-PA) is sounding the alarm.
The Court ruled 6-3 Thursday in Mullin v. Doe to allow the Trump administration to end Temporary Protected Status (TPS) for hundreds of thousands of Haitian and Syrian migrants . This ruling set off predictable outrage from the progressive wing of the party. Mamdani was first out of the gate. In a video statement, he declared the decision "cruel" and invoked the specter of the Haitian Revolution to frame deportation enforcement as a betrayal of universal freedom.
"To have people who frankly taught the world about freedom have their own freedom put into jeopardy by the actions of a Supreme Court and federal administration - it is not only cruel, it's not something we will ever accept, " Mamdani said. "The Supreme Court just sparked one of the largest attacks on immigrants in modern American history. In one fell swoop, thousands of Haitians and Syrians now risk losing the right to live and work in the country they call home."
He went on to reassure migrants that New York City would not comply with the ruling.
"To the tens of thousands of New Yorkers with TPS who are watching the news, frightened about what comes next, hear me clearly: New York City is your home. You belong here. We will not turn our backs on you," Mamdani said. "You will not face this cruelty alone. This administration will stand alongside immigrant New Yorkers today, tomorrow, and every day that follows."
These are not ambiguous rulings with room for creative local interpretation. The Supreme Court made its ruling, and Mamdani's position is that he can ignore it just because he doesn't like it.
On Fox News's Saturday in America on June 28, Sen. Fetterman sat down with host Kayleigh McEnany and walked through a glaring inconsistency, one his own party seems unwilling to acknowledge . He has spent years pushing back on Democrats who insisted Donald Trump was dragging the country toward a constitutional crisis. His response at the time was straightforward: the Trump administration had not defied a court order. The standard, as Fetterman understood it, was simple. You follow the courts, or you create a crisis.
Now the mayor of New York City is publicly refusing to follow the courts' rulings, and the party that ran years of constitutional-crisis programming has gone quiet.
"I haven't seen the freak-out now that the mayor of New York is now saying I'm going to defy the Supreme Court ruling ," Fetterman told McEnany.
He then called out his fellow Democrats, who are either silent or actively defending Mamdani.
"Many of the members in my party are not calling him out... [or they are] defend[ing] him, or just say[ing] we really actually have to follow the court rulings because... that's a constitutional crisis, when you have the leader of the country's largest city [saying] we're not going to follow or honor what the Supreme Court says ," Fetterman said.
Fetterman has become a consistent, if lonely, Democratic voice against his party's leftward slide. He has cited progressive figures like Maine Senate candidate Graham Planter, Los Angeles mayoral candidate Nithya Raman, Washington, D.C., mayoral candidate Janeese Lewis George, and a wave of progressive candidates running across New York City as evidence that the party has lost touch with most Americans.
Tyler Durden
Mon, 06/29/2026 - 20:30 Close
Mon, 29 Jun 2026 23:40:00 +0000 Alaska Judge Overrules Election Officials, Lets 'Fake' Dan Sullivan Stay On Ballot
Alaska Judge Overrules Election Officials, Lets 'Fake' Dan Sullivan Stay On Ballot
A retired elementary school teacher from Petersburg just punched his ticket back onto Alaska's Republican U.S. Senate primary ballot after h
Read more.....
Alaska Judge Overrules Election Officials, Lets 'Fake' Dan Sullivan Stay On Ballot
A retired elementary school teacher from Petersburg just punched his ticket back onto Alaska's Republican U.S. Senate primary ballot after he was accused of being a deliberate spoiler and struck from the ballot.
Dan Sullivan of Petersburg announced his campaign for the U.S. Senate on May 29 to challenge incumbent U.S. Sen. Dan Sullivan. (Photo courtesy of Dan Sullivan)
Superior Court Judge Thomas Matthews ruled late Friday that the Alaska Division of Elections had no legal right to disqualify Daniel J. Sullivan Jr. The Division had yanked him on June 15, calling his filing a sham designed to confuse voters and tilt the race toward Democrat Mary Peltola in November. Matthews said the state basically invented a "good faith" test that doesn't exist in the U.S. Constitution , Alaska statutes, or the Division's own rules - and that's a problem when you're talking about a federal office.
In the Friday night ruling , the judge determined Dan J. Sullivan, a retired teacher from Petersburg, is an eligible candidate for U.S. Senate and that the division shall include his name on the August 18 primary ballot.
The division’s decision to disqualify Sullivan because it determined his candidacy was not filed in “good faith” was unconstitutional, Superior Court Judge Thomas Matthews ruled. “The director’s assertion that Mr. Sullivan seeks to confuse or misguide voters is not supported by a preponderance of evidence,” he wrote. -Alaska Beacon
The U.S. Constitution sets only three qualifications for senator: age, citizenship length, and state residency. States can't tack on extra hurdles, especially subjective ones about someone's motives. The judge noted the Division accepted Republican complaints at face value while brushing aside Sullivan's explanations, and he pointed out that practical fixes like printing middle initials (Dan J. versus Dan S.) exist if name similarity is the real worry.
What set this off
Sullivan, a former U.S. Forest Service employee who taught fifth grade in Petersburg, filed May 29 as a Republican. He shares the incumbent senator's first and last name - a coincidence he's called a "matter of fate." Election officials and GOP groups zeroed in on several red flags: he'd recently switched his registration to Republican , having spent decades with the now-defunct Alaskan Independence Party until it dissolved late last year; his campaign materials and website looked similar to the incumbent's; and he'd worked with a political consultant, Amber Lee, whom Republicans flagged as a longtime supporter of Democratic candidates. Officials also seized on the fact that he first emailed the Division asking to appear on the ballot as "Dan S. Sullivan" - the senator's exact name, down to the middle initial - before switching the request to "Dan J." They argued the whole package was meant to siphon votes in a primary that could decide whether Sen. Dan Sullivan faces a tougher general election.
The opposition came from the top: Lt. Gov. Nancy Dahlstrom opened an investigation, the Alaska Republican Party filed formal complaints, and the National Republican Senatorial Committee referred Sullivan to the Federal Election Commission, claiming his candidacy broke federal law.
Sullivan's response was straightforward: he's unhappy with the incumbent's record after 12 years and wants to give voters another choice. He says he followed every rule, paid the fees, and met the qualifications - and he flatly rejects the idea that he's a Democratic plant. Asked by the Associated Press whether he'd had any contact with Peltola's campaign, he said "zero, none, zilch." Peltola's camp and state Democrats have denied the spoiler accusation too, and when the Division actually pulled him, it didn't point to any proof of coordination - it rested the call on his supposed lack of "good faith." His small Southeast Alaska hometown has largely rallied behind him.
Matthews didn't buy the Division's claim that it had broad power to police "ballot fairness" by removing candidates it disliked. He ordered Sullivan's name on the August 18 primary ballot. The state immediately moved to appeal to the Alaska Supreme Court, which has until Tuesday to settle the matter - right up against the deadline for printing ballots.
For now, the "other" Dan Sullivan stays in. Alaskan voters might have to do a little extra homework to tell the two apart, but the judge made clear that's not grounds to disqualify someone who otherwise qualifies.
U.S. Sen. Dan Sullivan, NOT the retired teacher, at the Alaska State Capitol in February.
Tyler Durden
Mon, 06/29/2026 - 19:40 Close
Mon, 29 Jun 2026 23:15:00 +0000 RFK Jr. Says 1 Million Obamacare Enrollees Lacked Social Security Numbers
RFK Jr. Says 1 Million Obamacare Enrollees Lacked Social Security Numbers
RFK Jr. Says 1 Million Obamacare Enrollees Lacked Social Security Numbers
Authored by AG News Staff via American Greatness ,
Health and Human Services Secretary Robert F. Kennedy Jr. said 1 million people were enrolled in Obamacare health plans without Social Security numbers , as the Trump administration pledged to intensify efforts to combat fraud in federal health care programs.
Kennedy disclosed the figure in a video posted to the social media platform X alongside Dr. Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services.
The officials said the administration is devoting more resources to identifying and preventing fraud within government health care programs than the previous administration.
Kennedy and Oz said the effort is aimed at protecting taxpayer dollars by strengthening oversight and improving the integrity of federal health care programs.
Tyler Durden
Mon, 06/29/2026 - 19:15 Close
Mon, 29 Jun 2026 22:50:00 +0000 Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot
Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot
Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot
Spanish daily newspaper ABC.es reports that some of the worst quake damage in Venezuela is concentrated in Caraballeda and Catia La Mar, where high-rise towers built under the Great Housing Mission Venezuela, or Gran Misión Vivienda Venezuela (GMVV), were reduced to rubble.
The Chávez-era socialist housing program is now facing scrutiny after the outlet noted, "The explanation given by engineers and construction specialists is that low-quality materials were used in the Chavista Housing Mission, without supervision and without applying anti-seismic standards."
GMVV was later expanded by the socialist Maduro regime without regard for the quality of building materials or anti-seismic standards, leaving only a handful of the 193 buildings in one housing complex in quake-ravaged Catia La Mar standing.
"None of the official buildings would withstand an engineering inspection, much less an earthquake of magnitude 7.5, like the one last Wednesday," the outlet stated.
Transparency Venezuela has previously alleged widespread corruption in the socialist housing program, including unfinished or failed projects linked to foreign contractors from Chavismo-aligned countries.
The outlet said many of these social housing projects "collapsed like sandcastles," and the head of the Chilean rescue teams on the ground told AFP News last Friday that there is "little chance of finding people alive."
The collapse of Venezuela's GMVV is becoming another case study in how socialist corruption fails at delivering even the most basic needs for the people. What was sold by the left-wing government as housing for all now appears to have produced high-rise death traps, built with low-quality materials, weak oversight and inadequate seismic standards.
The result is grim: 1,500 dead, 50,000 missing ...
Yet another example of socialist governance has instead become a symbol of state failure and corruption.
Tyler Durden
Mon, 06/29/2026 - 18:50 Close
Mon, 29 Jun 2026 22:25:00 +0000 Builders Vs. Gatekeepers
Builders Vs. Gatekeepers
Builders Vs. Gatekeepers
Authored by Monty Donohew via American Thinker ,
A viral X post by @r0ck3t23 featuring Marc Andreessen hopes to ignite fresh debate in tech and political circles. In the clip, Andreessen articulates a blunt frustration familiar to anyone who has tried to build anything substantial in modern America: "Right now, in many cases in many places, no you can't. " The target is regulatory gridlock preventing factories, data centers, and, specifically the colocated nuclear microreactors many believe are needed to power the AI boom.
The post's thesis is provocative. The old left-right divide is "obsolete." The real conflict pits "builders" and "accelerators," those engineering abundance through atoms and computing power, against "gatekeepers" who would freeze progress. The gatekeepers are comprised of environmentalists on one side, armed with environmental regulation that has strangled nuclear power for decades. On the other are the populist skeptics of rapid AI rollout exemplified by Bernie Sanders and Tucker Carlson . They meet, the argument goes, in a horseshoe of fear opposing the physical infrastructure the future demands.
This framing deserves consideration. America's permitting regime is a national liability. Decades of NEPA reviews, endless environmental litigation, and bureaucratic risk aversion have delayed or killed projects that should be straightforward. Nuclear power offers a stark case study. France derives most of its electricity from nuclear, with a far cleaner grid and lower costs in key metrics. America, despite superior resources and early ambition (recall Nixon-era Project Independence targeting a thousand reactors), effectively built zero new plants for forty years after creating the Nuclear Regulatory Commission (NRC). Recent executive actions under President Trump aim to reform NRC licensing with deadlines and streamlined processes, reform that is both welcome and overdue.
Andreessen is right that colocated microreactors could elegantly solve the power demands of AI data centers, bypassing strained grids and delivering reliable, high-density energy. Tech leaders' interest in advanced nuclear aligns with broader national security goals: reducing dependence on adversarial supply chains, bolstering baseload power, and maintaining a technological edge against China. Regulatory gridlock has real costs in lost opportunity, higher energy prices, and strategic vulnerability.
Yet the post's sweeping narrative, that skeptics of unchecked acceleration are primarily "fighting physics" or the future, itself invites scrutiny. It risks collapsing into a Solvency Trap: a dynamic where solvable governance challenges are recast as permanent existential blockades, sustaining urgency and aligned interests while sidelining trade-offs, evidence of costs, and pragmatic safeguards. Real problems with hyperscale AI data centers exist beyond knee-jerk Luddism. They include grid reliability, massive water consumption (billions of gallons annually), localized electricity price spikes for residents and small businesses, community impacts, and job displacement in traditional sectors. These are not imaginary.
Sanders and Rep. Alexandria Ocasio-Cortez's Artificial Intelligence Data Center Moratorium Act proposes abandoning reason, planning, and problem-solving in favor of a potentially perpetual and unyielding pause on all new construction until broader safeguards address worker effects, privacy, civil rights, and environmental strain. One can reject the hysterical blanket moratorium as overreach while acknowledging that underlying concerns nonetheless merit consideration and debate. Sanders' equity-focused critique of Big Tech concentration, nonetheless, differs in motivation from Carlson's populist emphasis on taxpayer subsidies, rural community burdens, and skepticism of elite-driven disruption benefiting hyperscalers at ordinary Americans' expense . Their convergence on caution is emergent, not a secret "alliance." Presenting it as such adds conspiratorial flair but flattens distinct worldviews. It also unnecessarily sows division and invites dismissal of valid concerns by improperly linking them to those with invalid or meritless ideological axes to grind.
Populist wariness of taxpayer-backed incentives for private data centers, projects that can span tens of thousands of acres and consume city-scale power while delivering limited direct local jobs, echoes longstanding conservative skepticism of corporate welfare. Carlson's clashes with advocates like Kevin O'Leary highlight legitimate questions: Why should working families subsidize infrastructure primarily enriching coastal tech giants? Accelerationists rightly decry regulatory capture by legacy environmental interests. But dismissing all distributional and prudential concerns as mere "fear" risks its own form of capture by venture incentives and hype cycles.
Civilization is indeed atoms arranged by those who show up. But prudent stewardship demands more than velocity. The history of nuclear energy proves regulation can become abolition in disguise, yet safety, waste management, proliferation risks, and public confidence cannot simply be waved away with rhetoric about "deleting limits." Successful deployment requires reformed but serious oversight that is evidence-based, time-bound, and focused on outcomes rather than process theater. Trump's return to regulatory realism is the right step. The same applies to AI governance: rapid progress toward abundance is desirable, but experiments with alignment, security, and societal integration benefit from evidence- based and targeted guardrails rather than pure velocity.
The builders' energy is vital. America must reclaim its capacity to execute at scale, permitting reform, nuclear revival, and domestic manufacturing resurgence. Trump administration moves on NRC and energy dominance point the way. Yet the path forward is not a binary purge of gatekeepers but disciplined solvency: measurable progress on energy abundance, worker transitions, community buy-in, and risk mitigation that delivers broad-based flourishing, not concentrated gains amid diffuse costs.
Tyler Durden
Mon, 06/29/2026 - 18:25 Close
Mon, 29 Jun 2026 22:00:00 +0000 Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing
Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing
Last week we showed four China-linked charts which made it very clear that, laughable flatlined 5% GDP notwithstanding, China's economy app
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Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing
Last week we showed four China-linked charts which made it very clear that, laughable flatlined 5% GDP notwithstanding, China's economy appears to be on the verge of yet another collapse (explaining the unprecedented drop in both Chinese oil imports and refining output ): between autos, real estate, banks and overall consumption, the economy - as seen by the market - was in freefall.
With sentiment collapsing, and amid growing speculation that Beijing will have no choice but to unleash another firehose of fiscal and monetary stimulus, it came as little surprise overnight when China’s central bank set the interest rate on its new overnight liquidity tool at a level that was below expectations, in what some economists see as a de facto rate cut that could push down market borrowing costs.
As Bloomberg reports, the People’s Bank of China said it conducted 300 billion yuan ($44 billion ) of overnight reverse repo agreements in open market operations on Monday, according to a statement that didn’t disclose the rate of interest it charged on its new instrument. To avoid confusion, readers should always remember that a reverse repo in China is a repo in the US . And vice versa. The central bank uses the operation to funnel short-term funds to the market to influence borrowing costs, and it accepts eligible bonds as collateral.
The official rate of the facility - the first such overnight facility unlike the bank's traditional 7-day operations - came in at 1.25%, Reuters reported. Unlike other liquidity instruments, the PBOC did not announce the borrowing cost for the overnight reverse repos. That compared with the median forecast of 1.35% in a Bloomberg survey.
The PBOC’s benchmark remained at 1.4%, 15bps higher than the facility rate, as it provided 157.5 billion yuan of seven-day reverse repo.
The decision, which intentionally came in below well telegraphed estimates, now sets the stage for looser monetary policy including a possible cut in loan prime rates — China’s lending benchmarks — as early as next month, according to Citigroup and Standard Chartered.
"Today’s move is not an outright easing, in our view — but it likely opens the door to one,” Citigroup economists led by Xiangrong Yu said in a note. “The asymmetric move likely signals an easing bias, without a formal cut.”
That will come next.
The operation marked the first time that the PBOC deployed the tool to manage liquidity, and many traders said the move is a first step in a gradual shift toward a benchmark overnight rate. Such a transition is likely to bring China closer to the practice of its global peers such as the Federal Reserve, which relies heavily on its overnight target rate to manage the US economy.
“The People’s Bank of China appeared to signal that it wants borrowing costs to fall by setting the rate on its new overnight reverse repo 10 basis points lower than markets had expected. This backs our view that the PBOC will trim its policy rate to reduce financial burdens on businesses and households and support demand”, said Bloomberg's David Qu.
The new facility is expected to give the PBOC better control over short-end borrowing costs and allow it to smooth out any big swings in market liquidity. The cost of overnight borrowing in the interbank market has become more volatile since May, as the central bank sought to ease a glut of money in the financial system, with demand for cash typically rising at the end of each quarter.
The yield on China’s 10-year government bonds slipped one basis point to 1.71% after the announcement, extending its drop into a third session. Both the overnight and seven-day repo rates eased.
Still, despite the strong hint of easing policy, some analysts still believe the PBOC will be looking to maintain the policy status quo, for now, by keeping the seven-day benchmark steady while publicly omitting details about the new overnight rate.
“The overnight reverse repo is primarily a liquidity tool aimed at smoothing seasonal funding stress, rather than a tool to signal a particular policy stance,” said Frances Cheung, head of foreign exchange and rates strategy at Oversea-Chinese Banking Corp. “The timing of the operations today and tomorrow ahead of the half-year end — and the amount bigger than the seven-day reverse repo — both support this notion.”
Talk of a rate cut in China gained substantial traction as the Chinese economy slowed dramatically in the second quarter, with retail sales and investment falling at a pace unseen since the pandemic.
Still, most economists expect the PBOC to keep its policy rate unchanged throughout 2026, although Huang Yiping, an adviser to the central bank, said a rate cut still remains a possibility.
“The next step is to lower de facto lending rates, including a possible reduction of LPR rates” across both one- and five-year durations “to support a stabilization of credit growth,” said Becky Liu, head of Greater China macro strategy at Standard Chartered.
“We had long argued that China is firmly staying on an easing path, and will likely to take advantage of the interest rate framework reform to lower de facto rates,” she said.
Lynn Song, China economist at ING, said it’s possible the new rate may have been kept undisclosed to avoid “diluting” the significance of the seven-day benchmark.
“Given the overnight rate is still the most liquid and important rate for trading activity, it makes sense this will eventually be the level that policymakers seek to control,” Song said. “However, it probably will take some time. We probably need some track record and maturity for the overnight repo facility and how it affects market overnight rates before this shift is made.”
Tyler Durden
Mon, 06/29/2026 - 18:00 Close