Thoughts on uncertainty and risk, from Sarah Hoyt. Who is also doing a fundraiser.
Category Archives: Business
The College “Educated”
They’re not educated; they’re credentialed and propagandized, and they’re the problem.
“Free Palestine” is the new land acknowledgment—a virtue signal one throws out to avoid being called racist and curry favor with a youth radicalized at fancy universities. pic.twitter.com/kmspLeKFw8
— Batya Ungar-Sargon (@bungarsargon) July 2, 2026
[Update a while later]
Stop “fighting anti-Semitism,” and recommit to American history.
The Democrat Civil War
It’s between the Organized Crime Democrats and the Bolsheviks, and the Bolsheviks appear to be winning.
[Mid-morning update]
“My family fled socialism, and then I voted for Bernie Sanders.”
At NYU, we believed that unconstrained capitalism and “trickle-down economics” were causing the calamity of inequality in the U.S., and it was our moral duty to fight back by promoting social justice and progressive values. We learned about the Iraq war, the Abu Ghraib scandal, and why the U.S. was to blame for the recent right-wing dictatorships in Argentina and Chile.
But this narrative didn’t square with what I knew about Venezuela’s recent history. In 2002, the military had briefly removed Chávez from power; I was taught at NYU that the U.S. government had engineered the failed coup out of fear that Chávez would cut off access to our oil. But my mother had been in the room when members of the Venezuelan media were discussing the possibility of a Chávez overthrow. The U.S. ambassador emphatically told everyone present that the Americans wouldn’t support a coup. Perhaps Latin American history wasn’t as simplistic as I was being taught.
I became acutely aware of how many of my NYU classmates were obsessed with race and identity, and how they believed that silencing Republicans was more important than protecting free speech. It reminded me of how Chávez had shut down the free press (with support from the American and European left) on the grounds that they were a propaganda tool of the oligarchy.
My NYU classmates characterized those who disagreed with them as deserving total exclusion from polite society. They shouted down right-wing speakers. Anyone considered a Republican, or Republican-adjacent, was socially ostracized. I met rich kids who called themselves “antifa,” and heard protest chants like, “How do you spell racist? NYU!” As a Venezuelan in exile, I could see what they couldn’t: U.S. democracy, capitalism, and the rule of law had afforded us unimaginable wealth, freedom, and security.
Also: “You’ll never encounter a Venezuelan in the U.S. who supports Chávez—except in academia. The same is true of Cubans.”
This is an excellent example of the degree to which the Marxists have taken over education, and higher education in particular, and why this is probably the greatest threat to the Republic.
America’s Tradesmen
It didn’t lose them by accident.
It’s starting to correct, but it blighted the lives of millions of young people who were misled into debt.
What Capitalism Will Look Like
…in space.
SpaceX
…is the opening chapter of a new industrial revolution.
The New SpaceX Millionaires
I agree, it’s unlikely they’ll stay in California.
I don’t know about the culture of Silicon Valley versus Miami, but the climate is a hell of a lot better.
Harvard Students
Are twice as likely to be mentally ill as the general population.
It raises the question: Are they leftists because they’re mentally ill, or are they mentally ill because they’re leftists? It’s become a new identity group. It seems like much of Democrat politics is simply their attempts to impose their neuroses on the rest of us.
“The Left Took Total Control”
Is California reaching a crisis point?
Hopefully, the Supreme Court will put an end to some of the voting nonsense, but even if it does, the state may ignore it (as it does with DEI). If so, maybe the Justice Department should step in at some point and declare the state in insurrection.
Elon Musk Is A Genius
…and a litmus test.
The reactions on X have been truly deranged.
[Monday-afternoon update]
Elon’s motivations, explained: SpaceX and the Sentient Sun.
Those of us who have read a lot of science fiction are much better prepared for this century than those who have not.