Biden versus Bastiat

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

Outrage In Sacramento: California Parole Board Grants Release Of Serial Child Rapist Authored by Debra Heine via American Greatness, The California Parole Board’s decision to release a serial child molester who used candy and toys to lure children as young as three years old has sparked outrage from victims, prosecutors, and law enforcement officials. David Allen Funston, 64, was convicted in 1999 of sixteen counts of kidnapping and child molestation after a horrific crime spree in Sacramento County, during which he kidnapped, raped, and beat eight children aged 3 to 7. The judge described...