Tag Archives: Texas

Pathetic Presser, Texas Triumph, and President Pompeo: The Week in Review, by PF Whalen

Posted on March 29, 2021 | Leave a comment

Texas doesn’t crash and burn; Biden does, and Pompeo shines. From PF Whalen at thebluestateconservative.com:

 

Headline #1:          Biden Holds First Presidential Press Conference

On Thursday, President Joe Biden held his first press conference more than two months into his presidency; the longest such period without a press conference by a U.S. President since press conferences have existed.

Thoughts and Observations:

  • In Fifth Grade, I ran for class president. There were two key issues during that election: 1) the fairness of our school’s classroom monitors, and 2) permissible activities during recess. On the day of that election, we had a Q&A session which was monitored by one of our teachers. Along with the other 11-year olds running for president, the questions we faced that day, including follow-up questions, were more difficult than any questions Biden faced on Thursday.
  • Biden’s performance during the hour-long presser was disturbingly feeble. He lost his train of thought multiple times, he had to be reminded of the questions he’d been asked, he blatantly lied, and he came across as unprepared and bewildered. For those of us who’ve felt Biden is nothing more than a figurehead, his first press conference not only solidified that opinion, it crystallized it.   

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Why Is Everyone in Texas Not Dying? by Jeffrey A. Tucker

Posted on March 28, 2021 | Leave a comment

Much to the disappointment of ardent proponents of coronavirus totalitarianism, Texans (predominantly red voters) aren’t dying in droves after Covid-19 restrictions were lifted. from Jeffrey A. Tucker at aier.org:

I’m sitting at a bar in Texas, surrounded by maskless people, looking at folks on the streets walking around like life is normal, talking with nice and friendly faces, feeling like things in the world are more-or-less normal. Cases and deaths attributed to Covid are, like everywhere else, falling dramatically.

If you pay attention only to the media fear campaigns, you would find this confusing. More than two weeks ago, the governor of Texas completely reversed his devastating lockdown policies and repealed all his emergency powers, along with the egregious attacks on rights and liberties.

There was something very un-Texan about those lockdowns. My hotel room is festooned with pictures of cowboys on horses waving guns in the air, along with other depictions of rugged individualism facing down the elements. It’s a caricature but Texans embrace it. Then a new virus came along – as if that had never happened before in Texas – and the new Zoom class took the opposite path, not freedom but imposition and control.

After nearly a year of nonsense, on March 2, 2021, the governor finally said enough is enough and repealed it all. Towns and cities can still engage in Covid-related mischief but at least they are no longer getting cover from the governor’s office.

At that moment, a friend remarked to me that this would be the test we have been waiting for. A complete repeal of restrictions would lead to mass death, they said. Would it? Did the lockdowns really control the virus? We would soon find out, he theorized.

I knew better. The “test” of whether and to what extent lockdowns control the virus or “suppress outbreaks” (in Anthony Fauci’s words) has been tried all over the world. Every serious empirical examination has shown that the answer is no.

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California “Techsodus”: Tech Companies, Billionaires, Millionaires, Tech Employees Flee San Francisco & Silicon Valley, by Wolf Street

Posted on December 15, 2020 | Leave a comment

Money and business do tend to migrate to where they’re treated the best. From Wolf Richter at wolfstreet.com:

And we coined “Management by Zooming Around.” Which is what Oracle’s Larry Ellison is doing.

When on December 11, Oracle disclosed that it “is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas,” it was another step in the process that we will henceforth call “Techsodus.”

The exodus of tech companies, executives, billionaires, millionaires, and regular tech employees from California, and particularly from San Francisco and Silicon Valley, is a combo of fleeing California and a shift to work-from-anywhere. Texas, Florida, Colorado, and other states have been among the destinations. Texas and Florida don’t levy state income taxes, so sure.

But Larry Ellison, co-founder and chairman of Oracle, isn’t moving to Texas along with the headquarters of his company. He has moved his primary residence to Hawaii, following Oracles new doctrine of working from anywhere. And Hawaii’s state income taxes are not far behind California’s.

Oracle already has a 560,000-square-foot campus in Austin, which it opened in 2018 – and moving its headquarters to Austin might not change all that much at first in terms of employment. Oracle said that it would “continue to support major hubs for Oracle around the world,” including its soon-to-be former headquarters in Redwood City. Oracle, founded in 1977, is one of the older tech companies that helped make Silicon Valley.

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California vs. Texas

Posted on December 8, 2020 | 20 comments

California has had a nearly identical case trajectory as Texas.

In TX, schools are open. Businesses are open. People can go for a walk.

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The election vote: the deeper you look, the worse it gets, by Jon Rappoport

Posted on November 17, 2020 | Leave a comment

The more they investigate, the more they discover matters that needs further investigation. From Jon Rappoport at nomorefakenews.com:

In this article, I’m going to discuss two companies, Dominion, and ES&S. I would advise investigators not to go to sleep on ES&S.

I’m not going to repeat all charges that have been leveled at Dominion Voting Systems. But look at what happened in Texas, when the Secretary of State had an analysis done in the fall of 2019.

The report was titled, “Voting System Examination Dominion Voting Systems Democracy Suite 5.5-A.” [1] It was prepared by James Sneeringer, Ph.D. Designee of the Attorney General of Texas.

The devil is in the details, so here they are:

“Adjudication results can be lost. In the [prior] January exam, during adjudication of the ballots in the test election, one of the Dominion representatives made a series of mistakes that caused the entire batch of adjudication results to be lost. We did not see this problem again during this exam, but the adjudication system is unchanged, so this vulnerability is still present. Recommendation: Certification [approval of the Dominion system] should be denied.”

“Installation is complex, error prone, and tedious. I counted 184 steps in their installation manual before deciding to estimate the remaining steps. I estimate a total of about 500 steps are required to install the software. I did not count steps that merely said something like ‘Click OK’ or ‘Click Next.’ This installation manual is 412 pages long with an additional 23 pages of front matter — contents, lists of figures, and the like…Recommendation: Certification should be denied.”

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The Great American Shale Oil & Gas Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Prices of Oil & Gas. by Wolf Richter

Posted on July 11, 2020 | 1 comment

The carnage in the oil and gas patch has been gruesome. From Wolf Richter at wolfstreet.com:

The bankruptcy epicenter is in Texas.

The Great American Oil Bust started in mid-2014, when the price of crude-oil benchmark WTI began its long decline from over $100 a barrel to, briefly, minus -$37 a barrel in April 2020. Bankruptcies of US companies in the oil and gas sector started piling up in 2015. In 2016, the total amount of debt listed in these filings hit $82 billion. Bankruptcy filings continued, with smaller dollar amounts of debt involved. In 2019, the shakeout got rougher.

And this year promises to be a banner year, as larger oil-and-gas companies with billions of dollars in debt collapsed, after having wobbled through the prior years of the oil bust.

The 44 bankruptcy filings in the first half of 2020 among US exploration and production companies (E&P), oilfield services companies (OFS), and “midstream” companies (gather, transport, process, and store oil and natural gas) involved $55 billion in debts, according to data compiled by law firm Haynes and Boone. This first-half total beat all prior full-year totals of the Great American Oil Bust except the full-year total of 2016:

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When Repeated Petitions Are Answered Only by Repeated Injuries, by Becky Akers

Posted on May 8, 2020 | 1 comment

The founding fathers would never have put up with this horseshit. From Becky Akers at lewrockwell.com:

Gabrielle Ellison owns a bar in Odessa, Texas. She mourns as do so many entrepreneurs that “her business is sinking and her employees are struggling” since Our Rulers forced her “to close up shop. Ellison said she’s been paying her employees with no help from the paycheck protection program.” She doubts her ability to endure Leviathan’s economic embargo: “We can’t take it no more, we’re not going to make it…”

So she re-opened Big Daddy Zane’s this past Monday, defying Gov. Greg “Stalin” Abbott’s diktat.

Ms. Ellison invited a group called “Open Texas” to her celebration. These patriots not only insist that “All Businesses Are Essential” but have banded together “to oppose the government orders telling businesses to stay closed and residents to remain at home… .” One member explained their goal in an appeal to his fellow consumers: “When we help businesses open up, support them. We get them some revenue and we get them back on their feet. We are only going to reopen the country by empowering people and helping them stand up and getting them back off their knees.”

Open Texas proved that they love fun as much as they do philosophy when they accepted Ms. Ellison’s invitation “almost immediately.”

She also announced her protest on Facebook, dubbing it “Bars and bartenders standing united.” It featured “a photo of armed men in body armor posing in an undisclosed location. ‘[Open Texas] will be here to help protect our rights as a small business owner to open and be able to feed our families,” she wrote, adding that she’s “doing this for ALL BARTENDERS, BAR OWNERS, CUSTOMERS, FAMILY AND FRIENDS…”

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Posted in Business, Civil Liberties, Collapse, Government, Horseshit, Medicine

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The Great American Shale Oil & Gas Bust: Fracking Gushes Bankruptcies, Defaulted Debt, and Worthless Shares, by Wolf Richter

Posted on January 23, 2020 | 4 comments

The shale boom is over, but not the financial fallout. From Wolf Richter at wolfstreet.com:

Texas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged.

Following the sharp re-drop in oil and natural gas prices in late 2018, bankruptcy filings in the US by already weakened exploration and production companies , oilfield services companies, and “midstream” companies (they gather, transport, process, or store oil and natural gas) jumped by 51% in 2019, to 65 filings, according to data compiled by law firm Haynes and Boone. This brought the total of the Great American Shale Oil & Gas Bust since 2015 in these three sectors to 402 bankruptcy filings.

The debt involved in these bankruptcies in 2019 doubled from 2018 to $35 billion. This pushed the total debt listed in these bankruptcy filings since 2015 to $207 billion. The chart below shows the cumulative total debt involved in these bankruptcies since 2015.

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Californians Flock To Texas As Corporations Seek Cheaper Pastures, by Tyler Durden

Posted on December 12, 2019 | 3 comments

For many businesses in California, moving to Texas has become a no-brainer. From Tyler durden at zerohedge.com:

Around 700,000 people left California last year, with more than 10% moving to Texas.

According to a new report by Yardi Systems, over 86,000 people abandoned the Golden State. In terms new Texas residents overall, ex-Californians constituted around 15%, according to the Dallas Morning News.

The influx of Californians should come as no surprise, as businesses have been migrating out of the high-tax, high-crime, heavily regulated statefor cheaper pastures.

Chairman and founder Charles Schwab noted that one of the drivers behind the move from California was that “the costs of doing business here are so much higher than some other place.”

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Texas Luring Jobs Away From California With Promises Of Electricity, from The Babylon Bee

Posted on October 29, 2019 | 2 comments

U.S.—New billboards have been popping up in California with the slogan “Move to Texas: We have electricity!” Many see this as a play to lure jobs away from California, as many jobs rely on electricity, especially in the modern economy. This could especially be attractive to jobs in the tech sector.
Roy Rivera, a tech analyst with decades of experience in cutting edge technology, explained that “a lot of tech uses electricity.” He then pointed to a chart showing that tech businesses can be at least 300% more effective when they have power.

California Governor Gavin Newsom was dismissive of Texas’s claims, though. “They’re making false claims of being able to deliver electricity 24/7,” Newsom said, “but it just can’t be done.” Newsom was also dismissive of the Lone Star State’s other claims, such as affordable housing, plenty of water, cheap gas, plastic straws, and not constantly being on fire. “It sounds made up,” said Newsom. “I don’t even think there is a Texas.”

California plans to fight back. It’s now working on a wall to keep people and jobs from leaving California. The planned wall should extend along the entire California border, except for the southern part.

https://babylonbee.com/news/texas-luring-jobs-away-from-california-with-promises-of-electricity

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