Obama's Tower Of Doom Is Harder To Get Into Than America Itself

White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal The Pentagon is reconsidering an $80 million conditional loan to rare-earths refiner ReElement Technologies, raising tensions with the White House over efforts to reduce US reliance on China for critical minerals, according to Bloomberg. The loan, announced in November through the Pentagon’s Office of Strategic Capital (OSC), was part of a broader $1.4 billion critical-minerals initiative alongside Vulcan Elements. But officials reviewing the deal have questioned ReElement’s ability to scale production and meet long-term revenue targets, according to people familiar...

Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money A week ago, in an attempt to calm the market, Goldman's economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis. We are about to find out if they were right.  Recall that in mid-March, while attention was understandably focused on the Iran war, we explained why Blue Owl's February decision to commence liquidations of loans in its three core private...

Inanity Of Identity Politics Exposed At Canadian NDP Convention Authored by Jonathan Turley, The recent convention of the Canadian New Democratic Party (NDP) became a microcosm of the inanity of identity politics found in forums ranging from politics to higher education. Participants were given familiar “equity cards” as literal card-carrying members of groups demanding preferred treatment. The problem is when one identity group demands preference over another. The result, as seen in Winnipeg, was calamity and quickly became comedy. Many in education have long pushed equity cards and “identity markers” to get...