Justin Schardin

White House Orders NASA to Destroy Important Satellite The White House has instructed NASA employees to destroy two major, climate change-focused satellite missions.

futurism.com/white-house-...

The US is just straight up committing civilizational suicide. Excited for China's century

Plus the Fed getting a better handle on what it should do following the Depression.

The initial estimate of job change for a month is based on the growth or loss of jobs at the businesses that have reported their data. Generally, BLS assumes that the employment situation at businesses that had reported is representative of the situation at those that had not yet reported. BLS continues to collect outstanding reports from the businesses in the sample as it prepares a second and then a third estimate for the month. With each subsequent estimate, more businesses have provided their information. In 2012, the average collection rate at the time of the third estimate for a month was 94.6 percent. (See chart 1.)

Why do the jobs numbers get revised?

our markets and policymakers want data NOW but employer data dribbles in over months

1st estimate is based on the 75% of employers who respond promptly

Updates occur as more data rolls in: 95% response rate by final revision 1/N

www.bls.gov/opub/btn/vol...

What

Bipartisan Call to Strengthen America's Economic Statistical System In a new letter to Congress penned by the Economic Innovation Group, a bipartisan group of more than 80 economists have called for proper funding and modernization of the U.S. statistical agencies.

eig.org/bipartisan-c...

The Quality of CPI Data Continues to Deteriorate - Apollo Academy To calculate CPI inflation, BLS teams collect approximately 90,000 price quotes every month covering 200 different item categories, and there...

Yeesh, a third of data in the CPI is estimated, not actually collected. This is of course entirely Trump's fault.

I don't know if that's the Trump admin fiddling with data, the BLS not having adequate resources to collect data thanks to DOGE cuts, or both.

But it ain't good.

CFPB complaints skyrocket amid efforts to defund, cut staff Complaints to the Consumer Financial Protection Bureau have skyrocketed in the first half of 2025, due in part to an increase in payment scams generated by social media that target peer-to-peer paymen...

"The CFPB received roughly 29,000 complaints in the first half of 2025 filed under the sub-category of domestic money transfers, up from roughly 1,300 complaints in 2024, a 2,051% year-over-year increase."

www.americanbanker.com/news/cfpb-co...

D.C. District Court reinstates NCUA board members fired by Trump The D.C. District Court found the Trump administration's firings of two Democratic board members on the National Credit Union Administration to be "unlawful" and ordered Todd M. Harper and Tanya F. Ot...

www.americanbanker.com/news/d-c-cir...

There is zero “may” about this. It will be a giant problem.

Inside the Vikings' creative plan that saved J.J. McCarthy's lost rookie season A knee injury kept the No. 10 pick off the field, but McCarthy spent the season preparing in unique ways to be the 2025 starter.

J.J. McCarthy is the only first-round QB in modern NFL draft history to miss his entire rookie year because of injury. Here's the story of how the Vikings avoided a totally lost season and got him ready to enter camp this week atop the QB depth chart.

I worked GOTV in Austin in 2018 for a couple of weeks and ran out of Talarico's office. I told friends then, we need to keep an eye on this guy. He's impressive.

No one who follows this stuff closely or affected by these issues thinks “everything Trump is doing on immigration is exactly the same as before” and in fact it’s this feigned cynical dumb guy moral flattening that kept people from recognizing the stakes.

E.P.A. Says It Will Eliminate Its Scientific Research Arm

🧪 The EPA is eliminating its scientific research arm and firing hundreds of scientists.

This move, enabled by a Supreme Court ruling, dismantles the office providing independent research for environmental policies.
#Climate

The Commodity Futures Trading Commission plans to lay off around two dozen staff members and has restructured its enforcement division by eliminating some management positions. www.law360.com/artic...

My mother was never a big factor in terms of life.

Under Attack by Trump’s Tariffs, Asian Countries Seek Out Better Friends

If you treat your friends like dirt and tell them they have no place else to go, they'll find someplace else to go. www.nytimes.com/2025/07/13/b...

This kind of smart, walkable, mixed-use development is illegal to build these days.

I use the click-to-cancel FTC rule all the time to explain why the war on the admin state matters. The whole "shadowy deep state bureaucrats!!!!!" characterization really loses momentum once you flesh out what the shadowy deep state bureaucrats do

Quote with your favorite anti-fascist film

Night hot dogs just hit different, you know?

Update: Kootenai County Sheriff Bob Norris confirms that two firefighters have died as a result of the shooting and sniper fire is still occurring. Deputies believe the suspect intentionally set the fire to lure law enforcement and firefighters to the scene.

When I found out they were from California:

Swiss Re warns “extreme heat poses a growing threat to the insurance industry” with “annual losses of $404-448 billion” just to corporate fixed assets of listed companies by 2035.

Sam Vecenie on new Wolf Joan Beringer: "This is like the easiest pick in the world. Beringer is a real developmental player. He is an incredible athlete. Moves like a wing. Moves at a level that no other big in this class really achieves."

in the absence of additional information voters use ideology as a shortcut but this can be short-circuited/manipulated by campaigning and also simple temperament

New: House Republicans are seeking a 48% cut in GAO funding as part of their FY2026 Legislative Branch appropriations bill. This is the independent accounting arm of Congress. Democrats are strongly opposed. Republicans also seeking a 10% cut in Library of Congress funding.

The Trump administration has spent months illegally impounding funds in the name of waste, fraud, and abuse.

Congressional Republicans are now seeking to cut GAO, an organization dedicated to rooting out waste, frauds abuse, roughly in half.

The Iranian parliament has approved the closure of the Strait of Hormuz, with a final decision to be made by security authorities, Al Arabiya reports.

A few miles from where my mom grew up.