VeritasLiberabitVos

Veritas

[Мы Гремлины из Кремля @TassAfrica]

@thejorgerojas It sucks to be stuck in a cult in Utah and you can’t dig up the golden plates that Joseph Smith Jr. lost on his way to the local brothel.

[VeritasLiberabitVos @VeritasLiberab3]

@dlacalle_IA @SMUMustangAlum @RealVision Truth.

[Daniel Lacalle Official Account @dlacalle_IA]

The Fed is wrong about rates. It is damaging the economy with no impact on inflation as money printing remains.

@RealVision

https://t.co/Kk3GOZZ5FN

[Daniel Lacalle Official Account @dlacalle_IA]

Insane fiscal and monetary policy has made sovereign debt a loss-making asset in most developed economies.

Congratulations, keynesians.

[Greg Gaylor @SMUMustangAlum]

Forget OPEC? The Chinese Communist Party now calls the shots? This is peak overstatement from @JavierBlas and nonsensical.

China is still a massive net importer. It relies on foreign oil for ~70-74% of its consumption. Domestic production is only ~4.3 million b/d.

You don’t “call the shots” when you need to buy most of what you burn.

OPEC (even after the UAE exit) still accounts for roughly 31-35% of global crude output. OPEC+ remains closer to 40%+. Saudi Arabia alone holds the bulk of the world’s meaningful spare capacity — the real long-term price lever.

Yes, China built a huge stockpile (estimates ~1.3-1.5 billion barrels) and used it to slash imports by 5+ million b/d during the Hormuz disruptions. That moved prices short-term. But stocks are finite. The Economist article itself quietly admits China cannot keep importing 5.5 million b/d less indefinitely. Drawing down reserves is a temporary buffer, not permanent control.

Demand-side power works when barrels are plentiful or when you’re burning inventory. It collapses the moment true supply is constrained and inventories normalize. OPEC still decides how many barrels actually exist. China just decides when it buys them.

Swing consumer ≠ swing producer. One reacts. The other sets the physical limits of the market.

[Greg Gaylor @SMUMustangAlum]

China is the enemy.

[Greg Gaylor @SMUMustangAlum]

Stock Market Today: Dow Falls As Oil Prices Climb; SpaceX Stock Extends Gains (Live Coverage) https://t.co/0qEet0cjdJ

[Greg Gaylor @SMUMustangAlum]

Inflation data, Super Micro, Cisco, Rocket Lab, Tapestry, and more to watch this week - Barron’s https://t.co/EDLhT8sadX

[Brian C. Thompson (aka BT) @eagl70]

I’ve been an SMU fan since I sat in the Cotton Bowl and watched us play Ohio State. I was a kid. I didn’t know yet that this was going to be a lifelong condition.

Then came Texas Stadium and the Pony Express. Eric Dickerson and Craig James in the same backfield, Ron Meyer on the sideline, and for a few years there wasn’t a better show in college football. If you were there, you know. If you weren’t, no highlight reel really covers it.
Then the death penalty. And then Ownby.

That’s the part that tells you who a fan really is. Anybody can love a program that’s winning. Sitting in Ownby Stadium after the death penalty, watching a team that had been erased try to remember how to be a football team, that’s where the actual membership card gets issued. Forrest Gregg came back to a program that had nothing to give him and coached anyway. That’s not a career move. That’s love.
I got my History degree at SMU. I write books now, two WWII alternate history series, and one of them just made me a finalist for a Dragon Award. I mention that only because everything I know about doing hard things over a long time, I learned somewhere between the Cotton Bowl and Ownby.

Here’s my favorite SMU memory, and it isn’t even a varsity game.
I coached my son’s pee wee team at Ford Stadium. We wore the 1982 throwbacks. And we hung 58 points on somebody that day. Fifty-eight. On that field, in those uniforms, with my kid out there. I have watched a lot of football in my life and I’m not sure anything has topped it.

Knute Rockne said the secret of winning football games is working more as a team and less as individuals. Herb Brooks told a room full of kids that the name on the front of the jersey matters more than the one on the back, and then went out and did the most impossible thing in the history of American sport. Ron Meyer built something out of nothing and made the whole country watch. Forrest Gregg rebuilt from actual ashes.
None of them were talking about talent. They were talking about belief.

So this year my goal is every game, anywhere. Home, road, doesn’t matter. If you see me on the Boulevard, come say hi.

And on September 6 I’ll be in Atlanta at the Dragon Awards. If I bring that thing home, it’s flying to Tallahassee with me the very next day.

I do believe in miracles.

This is the year, boys.
@SMU @SMUFB @podium_ent
🐴💙❤️

[VeritasLiberabitVos @VeritasLiberab3]

No you’re wrong. It’s a vehicle barrier and it’s being built in areas where no vehicle can possibly traverse the terrain. There’s no need to spend billions of dollars in this region to build vehicle barriers.

[Bart @BartVermbart4]

@DavidFinfrock It's just a fence. You people are morons.

[VeritasLiberabitVos @VeritasLiberab3]

@texas_visigoth @DavidFinfrock There’s no need to build a vehicle barrier and that’s precisely what they are building.

[VeritasLiberabitVos @VeritasLiberab3]

@Chill1296951811 @DavidFinfrock You’re mistaken. Texas gave the land to the United States. Crack open a history book or traipse through the internet to learn more.

[VeritasLiberabitVos @VeritasLiberab3]

Who is this fool?

[Juevos Banchero @JuevosBanchero]

@PonyKaiLLP Scary days for SMU. I get it.

[Pony Kai @PonyKaiLLP]

@JuevosBanchero Thanks for confirming you did. Good to clear that up.

[Pony Kai @PonyKaiLLP]

Did you eat paint chips as a child?

[VeritasLiberabitVos @VeritasLiberab3]

No huevos ranchero in @JuevosBanchero

[Juevos Banchero @JuevosBanchero]

@PonyKaiLLP Scary days for SMU. I get it.

[South Texas Animal Rescue Group, AKA STAR Group @STARGroupRescue]

🚨 URGENT FOSTER NEEDED! 🚨

Three adorable 4-week-old kittens need to be tagged ASAP! They are eating mush but are still very young and need a safe, loving foster home.

STAR will provide and pay for all veterinary care. Can anyone help save these babies?

📞 Call or text 214-677-6445 ASAP! Please share! 🐾❤️

[Greg Gaylor @SMUMustangAlum]

The Democratic Party is the vessel through which this ignorance and violence is collectively channeled in the United States.

“You cannot fix central planning by finding better central planners.

The real villain is the intellectual class, professors and politicians who build careers selling the promise of top-down coordination. They capture universities, media institutions, and government agencies, and they teach each new generation that the solution to failed socialism is more socialism.

Socialism survives because the people promoting it face zero personal cost when it fails. The Venezuelan peasant starves. The tenured professor in Boston gets a book deal.”

[Jeff Cunningham 🇺🇸 🇮🇱 @cunninghamjeff]

What crass, inaccurate hyperbolic propaganda. Japan was not ready to surrender on terms the Allies could accept, and the decision rested on the intelligence and military realities of summer 1945.

Japan’s “overtures” ran through Moscow seeking mediation. They were not unconditional surrender.

Hardliners insisted on retaining the imperial institution with real prerogatives, Japanese self-disarmament, Japanese-run war-crimes trials, and no occupation. Those were not the Potsdam terms.

The official Japanese response to the Potsdam Declaration was mokusatsu—treated by Tokyo and understood in Washington as rejection. Japanese military planning showed preparation for Ketsu-Go: a decisive homeland battle on Kyushu, civilian militias, kamikaze massing, and the transfer of forces from the continent. The goal was to inflict enough American casualties to force better terms, not to quit.

Casualty projections for Operation Downfall were not invented after the fact. Okinawa had already demonstrated the pattern: fanatical resistance, high U.S. losses relative to the scale of the operation, and near-total Japanese military destruction.

Estimates presented to Truman ranged from tens of thousands to well over 100,000 American casualties for the first phase alone, with Japanese military and civilian deaths expected in the millions once the fight moved onto the home islands amid famine and continued conventional bombing.

Blockade-plus-firebombing was already killing large numbers and would have continued for months. The bombs, combined with the Soviet declaration of war, broke the internal Japanese deadlock and enabled the Emperor’s intervention.

Without that shock, the hardliners retained the ability to prolong the killing.

Post war sentiments expressed moral or strategic second thoughts. Those views were not the controlling intelligence picture in July–August 1945, nor did they override the Joint Chiefs’ planning for invasion if the bombs failed to produce surrender.

Hiroshima was a legitimate military target (Second General Army headquarters, port, industry, troop concentrations). The firebombing campaign had already demonstrated that Japanese cities were treated as dual-use targets under the logic of total war that Japan itself had practiced since 1937.

The primary purpose was to end the Pacific War as quickly as possible and avoid the invasion. Demonstrating the weapon to the Soviets was a secondary consideration. The subsequent nuclear arms race and Cold War flowed from Soviet power, ideology, and behavior;

The claim that 225,000 civilian deaths occurred “so American leaders could flex” collapses the sequence and substitutes later geopolitics for the contemporaneous calculus of ending a war Japan showed no willingness to quit on acceptable terms.

War is not a seminar on pure morality. Japan started a war of aggression, conducted it with systematic atrocity, and in 1945 still preferred a bloodbath on its own soil to the Allied terms.

The bombs shortened that war.

[Steve Rosenberg @BBCSteveR]

Today’s Russian papers report on Russia’s “Anti-crisis petrol” – lower grade fuel now being sold “to prevent a petrol shortage.” One paper warns: “regular use of lower grade petrol” causes problems for modern cars. #ReadingRussia