Space Isn’t The Next Tulip Mania, It’s
The Next Internet
Posted By: RockyTCB, 7/22/2026 1:25:18 PM
SpaceX’s IPO in June was the largest in history. The stock initially surged after its debut, reaching a high of more than $225 per share, but has since fallen below its $135 IPO price. From its peak, the stock has now lost about 42%. Rocket Lab, after an extraordinary rally over the past two years, has suffered sharp pullbacks of more than 30%. Planet Labs tells a similar story: spectacular gains followed by painful corrections. To many investors, the conclusion seems obvious: another bubble. But the real question is not whether commercial space contains speculative excess.
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SpaceX’s IPO in June was the largest in history. The stock initially surged after its debut, reaching a high of more than $225 per share, but has since fallen below its $135 IPO price. From its peak, the stock has now lost about 42%. Rocket Lab, after an extraordinary rally over the past two years, has suffered sharp pullbacks of more than 30%. Planet Labs tells a similar story: spectacular gains followed by painful corrections.
To many investors, the conclusion seems obvious: another bubble. But the real question is not whether commercial space contains speculative excess.
There’s little question that the Democratic Socialists of America are more influential than any time in recent history. Indeed, it’s perhaps the most influential arm of the Democratic Party today, wielding policy clout and winning local elections. But are DSA policies really so popular? July’s I&I/TIPP Poll asked voters to find out.
The DSA’s recent “Workers Deserve More!” document outlined its main policy goals. For I&I/TIPP’s July Poll, taken by 1,473 Americans from June 29 through July 2, voters were asked whether they agreed or disagreed with five separate DSA proposals. The poll has a margin of error of +/-2.8 percentage points.
Nick Shirley, the young man who has been putting “professional” journalists to shame with his on-site reporting on rampant Medicaid fraud, released another video exposing schemes in New York, these involving senior centers for elderly Koreans and Chinese.
One that he visited, an adult day care in Flushing, claims to have nearly 8,000 members, for which it bills Medicaid $1,600 each. But even an employee admits that the number is wildly inflated. Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz joined Shirley. [snip] But not all government fraud is illegal. In fact, we’d say that legal fraud is an even bigger scam than what Shirley is uncovering.
When Joe Biden announced that he had written a memoir of his four years as president, the reaction on the blogosphere was mockery.
Even his most ardent defenders now admit that the guy was barely functional as president, that he was kept under lock and key by White House staff for most of four years, and that the mainstream press was in on the cover-up. [snip] Well, thanks to our contacts in the publishing world and the Dementia Society of America, we were able to obtain an exclusive copy of the original manuscript of “Promise Me, America” that Biden submitted
Might the reader be wondering whether the across-the-board Trump Deranged Syndrome-tinged legacy media response to The Donald’s Thursday night primetime address on election integrity reflected a predetermined and even pre-researched-and-written narrative?
[snip]
The legacy media clearly came loaded for bear – ready to shoot down just about each and every point the president raised on his main issue.
Except one – regarding which the collective commentariat, based on your correspondent’s own rapid review, appeared to suffering from “a deplorable lack of curiosity,” as the fictionalized version of Captain Von Trapp phrased it in a film classic.
The fast-food drive-thru was not born in California. But the idea was perfected by California cultural icon In-N-Out, which is fitting because the double-double chain has become the main villain in Culver City’s effort to ban drive-thrus.
Red’s Giant Hamburg on Route 66 in Springfield, Mo., was likely the first drive-thru restaurant in the country, says the American Automobile Association, serving customers as early as 1947. But In-N-Out created a year later “the drive-thru as we know it today, complete with an intercom ordering system,” at its Baldwin Park restaurant, which had “only enough room for the cooks.”
Four years ago, the Senate voted unanimously to ditch the switch and stick with daylight saving time year-round. Nineteen states have passed laws that would make DST permanent, if the federal government would let them. And this week, the House approved the Sunshine Protection Act by a 3-to-1 margin.
But don’t count on it becoming law.
As Politico reports, it “faces an uphill battle in the Senate despite strong lobbying from the White House and personal engagement from President Donald Trump.”
The problem is that enough Senators are likely to be swayed by critics to block it, even though the arguments against the bill are entirely specious.
By 3-To-2 Margin, Americans Believe U.S.
Is Turning Into A ‘Socialist State’:
I&I/TIPP Poll 8 replies
Is Turning Into A ‘Socialist State’:
I&I/TIPP Poll 8 replies
With the sudden popularity of openly socialist candidates in recent local elections, is the U.S. turning into a socialist state? As the latest I&I/TIPP Poll shows, Americans mostly believe the country is indeed moving toward socialism, but don’t want to foot the bill for the big jump in taxpayer spending to pay for it.
The national online I&I/TIPP Poll was taken from June 29 through July 2, and kicked off by asking 1,473 voters whether they agreed or disagreed with the following question: “The U.S. is evolving into a big government socialist state.”
Overall, 48% agreed the U.S. was “evolving” toward socialism either “somewhat” (31%)
Finding out that, by a 3-to-2 margin, Americans think the country is “evolving into a big government socialist state” is bad enough. Far more worrisome is finding out how many Republicans and self-styled conservatives are on board with one of socialism’s central tenets.
The latest IBD/TIPP Poll, which we are reporting on today, finds that nearly half of Americans agree that we’re sliding into socialism, and less than a third disagree. (See: “By 3-To-2 Margin, Americans Believe U.S. Is Turning Into A ‘Socialist State’: I&I/TIPP Poll.”)
It also finds that Republicans are more pessimistic about the future than Democrats,
For all the endless talk about “draconian” cuts, federal spending is running $172 billion ahead of last year, according to the Monthly Treasury Statement released Monday. And that includes a substantial increase in fraud-riddled Medicaid spending.
And spending continues to outpace increases in revenues, which means the deficit this year is now on track to top $2 trillion. The last time that happened was in the middle of the COVID-19 spending splurge.
To be sure, it’s not all bad news.
“Michael, we’re bigger than U.S. Steel.” — Hyman Roth, “The Godfather Part II“
The mobsters in “The Godfather” set their sights way too low. If they really wanted to make it big time, they should have targeted federal entitlement programs instead of gamblers and drug addicts. Not only does it pay better, but you can count on one political party to look the other way.
The Government Accountability Office (GAO) figures that fraudsters make off with more than $500 billion of federal taxpayer money a year, plus another $184 billion in “improper payments.”
That isn’t just bigger than U.S. Steel. That’s five times
For over 20 years, Americans have enjoyed the liberty to keep their phone number when they switch wireless providers. But there’s still a catch: consumers can port their number, but not the phone itself.
This is due to “mobile locking,” a software restriction carriers place on devices purchased through an equipment installment plan. The phone works perfectly fine, but it can’t be taken to another provider unless under certain stipulations that vary from provider to provider. In theory, the consumer owns the device. In practice, the carrier still sits in the driver’s seat.
Consumers can
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Disgruntled St. Paul apartment tenant
executed 3 over parking garage contract
dispute, charges say 31 replies
executed 3 over parking garage contract
dispute, charges say 31 replies
A 30-year-old St. Paul, Minnesota, man is accused of executing three people inside a leasing office Monday over a parking garage contract dispute.
According to charges filed in Ramsey County, officers were called to the apartment complex on the 1500 block of St. Paul Avenue shortly after 4 p.m. after several people reported gunshots and screams. One caller said two people appeared to be critically wounded inside the apartment leasing office.
When officers arrived, they found three victims fatally shot.
A software error in New Jersey’s Motor Vehicle System led to about four hundred non-citizens voting several years ago, New Jersey Governor Mikie Sherrill announced on Tuesday.
The error, which occurred under Governor Phil Murphy, added about 6,600 individuals to voter rolls even though they had indicated that they were not citizens. Sherrill’s announcement comes as Secretary of Homeland Security Markwayne Mullin alleged that New Jersey had tens of thousands of non-citizens on its voter rolls last week.
NJ governor forced to admit hundreds of
foreigners voted in elections after Dems
claimed no problem 27 replies
foreigners voted in elections after Dems
claimed no problem 27 replies
New Jersey Gov. Mikie Sherrill is blaming a software glitch in the state's motor vehicle system for accidentally registering 6,660 noncitizens to vote.
She further acknowledged Tuesday about 400 of those foreigners voted in recent election despite a legal ban on foreigners voting in federal elections.
The admission came less than a week after President Donald Trump gave a primetime address presenting evidence of election vulnerabilities, including hundreds of thousands of noncitizens who made it on voter rolls, spy agency concerns about voting machine security and a Chinese effort to obtain American voter data.
Nicaraguan President Daniel Ortega on Sunday said his country is moving toward not holding a presidential election next year, appearing to maintain his shared control over the country with his co-president and wife, Rosario Murillo.
Ortega said at a government rally marking the 47th anniversary of the Sandinista revolution’s takeover of the country that there “won’t be any more elections here for them to try to seize the government and seize power,” according to a translation of the rally from Reuters.
“The days when parties backed by the Yankees and the Somocistas would return to power are over –— never again,”
Americans cannot defend the United States without the help of illegal migrants, said Republican Rep. Maria Salazar (R-FL) on Monday.
Salazar’s comments came as she joined Democrats to tout her “Dignidad” amnesty for at least 15 million illegal aliens, saying:
Let them stay … Let them continue contributing to the number one economy in the world, so we can continue being the number one military in the world. [If] we don’t have the economy, we don’t have the guns, and we cannot defend ourselves.
There is little evidence that the nation’s stock of at least 15 million illegal migrants — or of the 40 million legalized migrants
US and Iran dig in over the Strait of
Hormuz, showing the limits of intensifying airstrikes 14 replies
Hormuz, showing the limits of intensifying airstrikes 14 replies
The U.S. and Iran are back to bombing every day in a bid to control the Strait of Hormuz. And neither is backing down, showing the limitations of President Donald Trump’s reliance on escalating airstrikes to bend Tehran to his will.
While the Trump administration says it is open to diplomacy, Iran so far has refused to loosen its grip over the crucial oil shipping corridor in the Persian Gulf. It is raising questions about the strategy for the next phase of the conflict as intensifying attacks have collapsed an interim ceasefire deal, left additional American troops dead and sent U.S. gasoline prices back up —
The brand-new city manager of upscale Sausalito, California was arrested on felony burglary charges after allegedly breaking into multiple yachts at the Sausalito Yacht Harbor, a mere three weeks into her high-paying gig.
Elaine Forbes, 53, who just started as Sausalito’s city manager on July 1 with a whopping $275,000 taxpayer-funded annual salary, was hauled off by Marin County sheriff’s deputies around 6:50 a.m. on Saturday after responding to a noise complaint, Deputies reportedly found her aboard a vessel she didn’t own, trying to start the boat, leaving behind messes with empty alcohol bottles, sounding the yacht’s loud horns, and even wearing the owner’s clothing.
Game Over: Boy Trying to Play on Girls'
Soccer Team Quits After Female Players
Stand Their Ground 12 replies
Soccer Team Quits After Female Players
Stand Their Ground 12 replies
Thanks to the U.S. Supreme Court decision in Little v. Hecox and West Virginia v. B.P.J., holding that states may reserve girls' and women's sports teams for biological females without violating Title IX or the Constitution, New Hampshire parents of transgender teenagers have dropped their lawsuits to allow their sons to play on the women's sports teams. One of the confused youth chose to stop playing on his soccer team because it was no longer fun. As our sister site Twitchy said, "That's as good as self-deporting."
Exactly.
Two transgender girls who were the first to challenge President Donald Trump’s executive order, “Keeping Men Out of Women’s Sports,”
We have all heard it many times. According to “journalists,” claims made by President Trump regarding election cheating are “unfounded,” “disproven,” and/or “debunked.” However, irrefutable evidence of large-scale 2020 election fraud exists.
On Thursday night, the president outlined four specific areas of election concern. I’d like to address one of them: corrupt Michigan voter registrations in the 2020 election. Trump said, “Even when significant evidence of fraud has been detected, it has been buried and covered up.”
The president is correct: Widespread evidence of Michigan fraud was detected before the 2020 election. After it was discovered and reviewed by the FBI, it was concealed by the Biden DOJ.
Senate Homeland Security Chairman Rand Paul released new documents Monday that he said revealed the FBI stopped Customs and Border Patrol from searching and questioning Peter Daszak upon his return to the United States from China.
The latest documents come just over a week before former National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci is set to testify in front his panel on whether he lied to Congress during the pandemic about whether his office had funded gain-of-function research at the Wuhan Institute of Virology in China.
The last Democratic candidate to appeal to the white working-class voter was Bill Clinton. He needed every one of those voters in his 1992 and 1996 races. Yet he still failed to win 50 percent of the popular vote because of Ross Perot’s third-party candidacy.
Hunting for the Left-Wing Blue-Collar American
Since then, the Democratic brand has lost the white working-class vote in nearly every presidential election. Yet this demographic still makes up 40 percent of the electorate and registers and votes at much higher rates than non-white groups.
Apparently, during the Biden-era influx of 10 million illegal aliens, Democrats really believed their own slogans about an “Emerging Democratic Majority”—
The Trump administration has accused UC San Diego's medical school of illegally discriminating against White and Asian applicants in favor of admitting less qualified Black and Hispanic students, putting nearly $1 billion in federal funding at risk.
The findings stem from a months-long Justice Department Civil Rights Division investigation launched in March and come as the Trump administration intensifies its effort to dismantle diversity, equity and inclusion initiatives.