March 24, 2026

WE’VE BEEN INSOLVENT FOR YEARS, SO NO BIG SURPRISE: The Treasury just declared the U.S. insolvent. The media missed it. “The Government Accountability Office (GAO) issued a disclaimer of opinion on the U.S. government’s FY 2025 financial statements — the 29th consecutive year it has been unable to determine whether the statements are fairly presented.”

But this is an opportunity for Trump to slash programs because of a “financial crisis.” Since, you know, there actually is a financial crisis.

Posted at 1:00 pm by Glenn Reynolds

A DAY IS A LONG TIME:

How many thousands of Americans are learning that the ICE they see on the news is not the ICE they see with their own lyin’ eyes?

Posted at 12:58 pm by Stephen Green

BIDEN-ERA HANGOVER: Why is ATF Still Leaving Its Options Open for Prosecuting Owners of Braced Pistols? “A March 16 government filing in the ongoing case of Texas v. ATF has now renewed concerns that the agency reserves the right to continue bringing felony prosecutions under the NFA for possession of unregistered braced pistols. The passage in question is meant to rebut the plaintiffs’ claims that there are still live issues in the case that deserve a final judgment on the merits, rather than dismissal on mootness.”

Posted at 12:43 pm by Stephen Green

2026: AN ILLEGAL ALIEN ODYSSEY.

Posted at 12:30 pm by Ed Driscoll

PANIC BY DESIGN:

Posted at 12:27 pm by Stephen Green

TEACH WOMEN NOT TO RAPE! (CONT’D): Ohio teacher, 28, charged with carrying out twisted sexual relationship with student. “Jamelah Daboubi, a former teacher at Horizon Science Academy in Columbus, pleaded guilty to gross sexual imposition and unlawful sexual conduct with a minor in Franklin County Common Pleas Court last month, according to court documents obtained by WBNS. . . . Daboubi was fired from her teaching position shortly after her arrest and hit with two counts of sexual battery, which were later amended by authorities, prosecutors said.”

Posted at 12:00 pm by Glenn Reynolds

ELON NEVER THINKS SMALL:

TSMC made $122 billion in revenue last year. It controls 70% of the global foundry market. It took nearly four decades, over $100 billion in cumulative capex, and the concentrated talent of an entire island to build that position.

Elon just announced he’s spending $25 billion to build a competing fab from scratch, in Austin, targeting 2nm, with zero semiconductor manufacturing experience.

Here’s why dismissing it might be the wrong call.

Read the whole thing.

If Terafab is anything like Musk’s other projects, it will arrive late — but it will arrive.

Posted at 11:56 am by Stephen Green

NEWSOM’S LATEST FARCE: Alert to all Texans and Floridians reading this post: California’s Governor claims his state’s taxes are way below those in Texas and Florida. In fact, the Golden State hits its dwindling resident population twice as hard as the two Southern giants.

Posted at 11:54 am by Mark Tapscott

DISPATCHES FROM AL-BRIṬĀNIYĀ: Official decries ‘chilling’ targeting of ambulances at London synagogue: ‘Beyond time for authorities to wake up.’

A local official says that the arson attack on ambulances belonging to a Jewish organization and parked at a synagogue in Golders Green, is “utterly shocking, terrifying,” and says that authorities are not taking enough action against growing antisemitism.

“The targeting of life-saving vehicles stationed the the car park of a synagogue is particularly chilling and will send shockwaves through our community at a time of already heightened fears over antisemitism in the UK,” local Golders Green councillor Dean Cohen tells the Jewish News.

“It’s beyond time for the authorities to wake and and do more to tackle this hate running riot,” he says.

What, and upset the government’s most reliable constituents?

Posted at 11:41 am by Stephen Green

THE LATEST FROM DATA REPUBLICAN:

More:

Ex-USAID employees describe how, before January 20, they moved internal groups off government systems and into encrypted Signal chats, then quickly linked with foreign partners and NGOs after the inauguration. This attempt at creating a color revolution isn’t new news; this part was already reported in NOTUS earlier this year.

But what’s not reported is the international aspect. One participant explicitly frames it as “a global anti-authoritarian movement,” connecting U.S. officials with “colleagues from around the world who have dealt with this directly.”

They reference coordination with Johns Hopkins, “international democracy and conflict mitigation spaces,” and efforts to mobilize across borders against what they perceive as domestic authoritarianism.

At what point does this become treason?

Much more to come, so bookmark her post.

Posted at 11:25 am by Stephen Green

IRAN IS NO LONGER THE STRONG HORSE:

Posted at 10:54 am by Stephen Green

A BRIDGE TOO FAR:

But in California, the reasoning works differently. We are told this is about coexistence, balance, and harmony between humans and nature. It’s a lovely idea, as long as you’re not the one being harmonized.

Governor Gavin Newsom has overseen a state where residents are leaving, businesses are relocating, and costs continue to rise steadily into the stratosphere. Housing? Out of reach. Taxes? Sky-high. Regulations? Plentiful enough to require their own migration corridor.

And yet, when faced with these challenges, Sacramento looked at its checkbook and said: You know what we need? A better commute for mountain lions.

Related: Does Newsom know that his young comms team are comparing him to Patrick Bateman, the wealthy serial killer lead character of American Psycho? If the blood-spattered clear plastic mac fits, I guess:

Posted at 10:35 am by Ed Driscoll

TO BE FAIR, IT’S DIFFICULT TO TELL THE DIFFERENCE BETWEEN WHEN DUCKWORTH IS LYING OR JUST STUPID:

And to answer Lee’s question, they have to lie about the bill because the only people it would disenfranchise are people who aren’t supposed to have the franchise.

That is, assuming they’re actual people, and not just excuses to send out fraudulent ballots for Dem machines to harvest.

Posted at 10:23 am by Stephen Green

CHICAGO DEM SLAMMED FOR SUGGESTING LOYOLA STUDENT CAUSED HER OWN MURDER: ‘Wrong place at the wrong time.’

A progressive Chicago Dem is taking a ton of heat for suggesting that a Loyola University Chicago student who was allegedly executed by an illegal migrant caused her own murder — and that she was “in the wrong place at the wrong time.”

Chicago Alderwoman Maria Hadden was speaking after Sheridan Gorman, an 18-year-old from Yorktown, New York, was shot dead on Thursday morning while she walked with friends along the city’s lakefront near campus.

Hadden said the deadly shooting appeared to be a case of Gorman being “in the wrong place at the wrong time, running into a person who had a gun,” in an interview with Fox 32 Chicago.

As Iowahawk tweets:

“In the wrong place at the wrong time” as an excuse for institutional failure is a recurring theme in leftist American political circles:

Posted at 10:22 am by Ed Driscoll

INCENTIVES, HOW DO THEY WORK?

Reagan’s old adage needs updating for today’s Democrats: “If it moves, tax it. If it keeps moving, tax it some more. If it stops moving, levy a death tax.”

Posted at 9:52 am by Stephen Green

SPACE: A unique NASA satellite is falling out of orbit—this team is trying to rescue it.

The 21-year-old spacecraft is falling out of orbit, and NASA officials believe it’s worth saving—for the right price. Swift is not a flagship astronomy mission like Hubble or Webb, so there’s no talk of sending astronauts or spending hundreds of millions of dollars on a rescue expedition. Hubble was upgraded by five space shuttle missions, and billionaire and commercial astronaut Jared Isaacman—now NASA’s administrator—proposed a privately funded mission to service Hubble in 2022, but the agency rejected the idea.

Swift may be a more suitable target for a first-of-a-kind commercial rescue mission. It has cost roughly $500 million (adjusted for inflation) to build, launch, and operate, but it is significantly less expensive than Hubble, so the consequences of a botched rescue would be far less severe. Last September, NASA awarded a company named Katalyst Space Technologies a $30 million contract to rapidly build and launch a commercial satellite to stabilize Swift’s orbit and extend its mission.

The Swift observatory is flying in low-Earth orbit, where the outermost layers of the atmosphere still exert some aerodynamic influence on satellites. The spacecraft launched in November 2004 on a mission to detect gamma-ray bursts, the most powerful explosions in the known Universe. Despite its age, astrophysicists still rely on Swift’s multi-wavelength instruments to identify and locate gamma-ray bursts for follow-up observations by other observatories.

If they can pull this off, a $30 million launch to protect a $500 million investment seems like a no-brainer.

Posted at 9:37 am by Stephen Green

DOES ANYONE STILL LISTEN TO MCCHRYSTAL?

Posted at 9:21 am by Stephen Green