Huh: PRC Pension Fund Lost $332 Million On Green Energy

By William Teach October 29, 2025 – 3:00 pm

Obviously, those in the People’s Republik Of California won’t say how or where it went

From the link

The California Public Employees’ Retirement System for state employees lost 71% of its $468 million investment in a clean energy and technology private equity fund, state records show, but CalPERS won’t explain how.

These losses are a major problem for California taxpayers, who at least for now are the backstop for underfunded state pensions, but also for state employees who trust CalPERS to responsibly manage their retirement plans.

CalPERS says its pension benefits are only 79% funded, leaving the state, and its taxpayers, on the hook for the other 21%. According to a recent report from Reason Foundation, CalPERS’ pension shortfall is approximately $180 billion. (snip)

CalPERS committed $465 million to the private equity CalPERS Clean Energy & Technology Fund (CETF) in 2007, ultimately paying in $468,423,814.

Since then, the cash out and remaining investment value of the investment fund has declined to $138,045,373, as of March 31,2025.

That’s a loss of 71%, or more than $330 million, for which private equity firms were paid at least $22 million in fees and costs.

Now, imagine the government investigations if a private firm lost this money

The Center Square filed a public records request seeking more details into the fund’s losses, including management contracts with the firms investing CalPERS’ money, and the investments made with CalPERS funding by those firms. CalPERS declined to release the information, aside from sharing already-public records, citing a state law exempting many records for alternative investments — such as private equity — from many public disclosure requirements.

“The public should have a right to know how public money is being invested,” said David Loy, legal director for First Amendment Coalition, a government transparency and free speech nonprofit, in an email to The Center Square. “This is a serious transparency concern if the public doesn’t have visibility into how public money, especially pension funds, are being invested and to what degree of risk.”

Anyone else thinking the money went to hook up good Democrat donors? Disappeared into pockets? If the Credentialed Media had any integrity they would be asking pointed questions, investigating, and asking Newsom questions.

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If All You See…

By William Teach October 29, 2025 – 1:00 pm

…is horrible carbon pollution beer, you might just be a Warmist

The blog of the day is 357 Magnum, with a post on Australia being a defenseless-victim zone.

Read: If All You See… »

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NY Times: Trump Suggests He Can’t Run For A Third Term

By William Teach October 29, 2025 – 10:30 am

The Fish Wrap thinks they’re on to something with a front page article

Trump Suggests He Knows He Can’t Run Again: ‘It’s Too Bad’

President Trump seemed to concede on Wednesday that he was not eligible to serve a third term, lamenting that it was an unfortunate result of the constitutional prohibition that he has mused about violating for months.

Speaking to reporters aboard Air Force One en route to South Korea, the last leg of his three-country diplomatic tour across Asia, Mr. Trump said it was “too bad” that he couldn’t run in 2028.

“We have the greatest economy we’ve ever had, I have my highest poll numbers that I’ve ever had,” he boasted (his approval rating remains low, at 43 percent, according to a New York Times average). “And, you know, based on what I read, I guess I’m not allowed to run. So we’ll see what happens.”

The remarks came after House Speaker Mike Johnson said on Tuesday there was no path around the Constitution’s two-term limit.

There really isn’t a path.

Since retaking the White House, Mr. Trump has repeatedly teased that he may never leave. For several months, Mr. Trump has discussed serving a third term, vacillating between joking to goad his critics and signaling that it would be one of many ways he would seek to test the bounds of his constitutional authority.

Even as recently as Saturday, Mr. Trump said, “I would love to do it,” when asked about serving another four years.

While I’m sure Trump would love to serve another term, mostly what he’s doing here is trolling Democrats, and, like most things he says, it drives them full on barking moonbat. They take everything he says at full value, with no cognition that he’s winding them up. Even the people in the media who cover Trump and should know better are wound up like a jack in the box, popping up with apoplexy.

Asked on Wednesday whether he had been “trolling” or serious about serving, Mr. Trump indicated that he had come to terms with the 22nd Amendment, which states that no one can be elected president more than twice (consecutively or not).

“If you read it, it’s pretty clear — I’m not allowed to run,” he said. “It’s too bad.”

And the Times doesn’t think he’s trolling them. And what’s going to happen now is that Trump will continue to tweak the noses of Democrats over this, and they will run on Crazy, even the NY Times after publishing this.

Read: NY Times: Trump Suggests He Can’t Run For A Third Term »

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Canadian Youts Sue Pensions Over Climate (scam) Risks

By William Teach October 29, 2025 – 7:15 am

I wonder how many big monied cult groups are backing this, astroturfing it, and, if the youts have given up their own use of fossil fuels and made their lives carbon neutral?

Canada Pension Fund Sued by Young People Over Climate Risks

The Canada Pension Plan Investment Board was sued by a group of young people who claim the pension fund is putting their benefits in jeopardy by mismanaging climate-related financial risks.

Aliya Hirji, Travis Olson, Ravneet Singh and Chloe Tse, who don’t plan to retire until after 2050, allege in the lawsuit that the country’s largest pension fund breached its legal duties to them by failing to “prudently identify, assess or manage climate-related risks.” The suit, filed in Ontario’s Superior Court of Justice, also calls out the pension plan for its continued investments in fossil fuels.

CPPIB is “flying blind to the real risks of climate change and failing to protect the pensions of young Canadians,” Karine Peloffy, a lawyer and sustainable finance lead at Ecojustice who’s representing the investors with attorneys from Goldblatt Partners LLP, said in a statement.

CPPIB said in a statement that it intends to take whatever steps are necessary to uphold the interests of all Canadians who contribute to the pension plan. Climate change is “one of many material factors we consider in managing risk and pursuing opportunities across the whole economy over the long term,” CPPIB added.

But, they aren’t considering the scam enough for the youts. I hope the CPPIB lawyers ask the 4 plaintiffs, two of whom don’t even look to be Canadians, if they have stopped using fossil fuels in their own lives. And lawyer Peloffy. Sadly, they won’t.

The four Canadian workers, all under the age of 33, are seeking a range of declarations, including that CPPIB act “in the best interests of all contributors and beneficiaries,” and an order that CPPIB disclose more information about the climate-related risks in its investment portfolio.

It’s wild how these “young people” in their 30s/late 20s think that just because they have a been in their burr they are allowed to sue to force companies to comply. Why don’t they put their money in a fund that accords with their beliefs? Climalawfare to force compliance. What if the vast majority of investors do not give a flying shit about “climate-related risks”? And people wonder why I call the cult authoritarian.

Ecojustice said the case against CPPIB is 100%-funded by organizations and individuals who share the Canadian nonprofit’s vision as the country’s largest environmental law charity.

In other words, astroturfed.

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Chicago Area Federal Judge Apparently Thinks She’s In The Legislative Branch

By William Teach October 29, 2025 – 7:00 am

Under what federal statute does she have the authority to interfere and demand oversight over legally authorized immigration operations?

Judge intensifies oversight of agents in Trump’s Chicago immigration crackdown

A U.S. judge on Tuesday intensified her monitoring of President Donald Trump’s immigration crackdown in Chicago, requiring a top official to appear daily in court and ordering his agency to detail the use of force by its agents including firing tear gas at protesters and bystanders and to hand over body-camera video.

U.S. District Judge Sara Ellis during a hearing chastised Border Patrol commander-at-large Gregory Bovino over his agency’s actions in the third-largest U.S. city and told him to get a body camera to wear himself. Ellis had summoned him to appear at the hearing after he was seen on video last week tossing a tear gas canister at protesters during an enforcement action in a neighborhood with many immigrants from Mexico.

The judge is presiding over a lawsuit challenging the legality of the tactics used by officials carrying out Trump’s Chicago crackdown called “Operation Midway Blitz.”

Really, all this is is a method to jam up immigration official, keep them from being able to do their jobs, and she keeps adding more and more on the pile

The judge’s order required the agents to wear visible identification and restricted their use of anti-riot weapons such as pepper balls and tear gas. The judge subsequently required federal officers with body cameras to turn them on while conducting immigration enforcement and during interactions with the public.

Ellis on Tuesday ordered Bovino, who also played a lead role in Trump’s immigration crackdown in Los Angeles over the summer, to come to court each weekday at 6 p.m. before a November 5 hearing to discuss the day’s immigration enforcement operations.

The judge also told Trump’s administration by Friday to hand over its reports on the use of force against protesters and bystanders in Chicago and corresponding body camera video dating to the beginning of the operation on September 2, and to provide this material going forward for any future instances.

I’m placing my money on Ellis creating a new hearing sometime in late December with more restrictions, like she’s making up legislation. And the more she does this the more the Trump admin will go after illegals in Sanctuary City Chicago. He’ll surge more federal agents. Trump loves when judges go rogue, because, sooner or later, a higher court will shut Judge Pro-Illegals down, and, perhaps at some point Ellis will be charged with violating federal law as it pertains to helping illegal aliens.

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Bill Gates: Hotcoldwetdry “will not lead to humanity’s demise”

By William Teach October 28, 2025 – 5:41 pm

Has he come to his senses, or, some ulterior motive?

Bill Gates makes a stunning claim about climate change

stop global warmingIn a stunning and significant pushback to the “doomsday” climate activist community, Bill Gates, a leading proponent for carbon emissions reductions, published a remarkable essay Tuesday that argued resources must be shifted away from the battle against climate change.

Instead, Gates argues, the world’s philanthropists must increase their investment in other efforts aimed at preventing disease and hunger.

Climate change is not going to wipe out humanity, he argued, and past efforts that strive for achieving zero carbon emissions have made real progress. But Gates said that past investments fighting climate change have been misplaced, and too much good money has been put into expensive and questionable efforts.

He’s not wrong on that. How much has been utterly wasted in doing cult things, which could have been used for, say, real environmental concerns? How much time has been wasted? Resources misdirected?

The Trump administration’s funding cuts, Gates argues, necessitate an immediate and larger focus on investment and resources to support those abandoned efforts.

“Although climate change will have serious consequences – particularly for people in the poorest countries – it will not lead to humanity’s demise,” Gates wrote. “This is a chance to refocus on the metric that should count even more than emissions and temperature change: improving lives. Our chief goal should be to prevent suffering, particularly for those in the toughest conditions who live in the world’s poorest countries.”

Obviously, this is not going over well in Cult World

And Mann is tame compared to some of the stuff I’m seeing, calling Gates a traitor, saying he should be executed, and more.

Gates denied his new position represents a reversal from his past stances. He said in Tuesday’s essay that the world must continue to support its past efforts to achieve zero carbon emissions.

If you read it, Gates has not stopped being a card carrying member of the cult, he’s just realizing that the cult needs to be less cult, and there are other more worthy things to spend time and money and resources on. It’s the whole theory vs practice argument: most cultists/Warmists are happy to yap about Doing Something in theory, but, when it is their own lives and money they aren’t interested in practice.

Will Bill apologize? Or, is there something else going on?

Read: Bill Gates: Hotcoldwetdry “will not lead to humanity’s demise” »

Posted in Climate Cult, Global Warming | 30 Comments | Trackback URL

If All You See…

By William Teach October 28, 2025 – 1:00 pm

…are Evil fossil fueled vehicles, you might just be a Warmist

The blog of the day is Vox Popoli, with a post on Odessa being next.

Read: If All You See… »

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GOP Demands DOJ Investigate Biden’s Autopen Use

By William Teach October 28, 2025 – 10:30 am

I mean, we all knew what was going on. Even the Democrat moonbats constantly defending Biden had to know what was going on

Comer unleashes on Biden, demands DOJ probe of autopen use in scathing new report

Biden Brain SlugHouse Oversight Committee Chair James Comer, R-Ky., is demanding the Department of Justice (DOJ) conduct a “comprehensive” investigation into former President Joe Biden’s autopen use.

The committee’s GOP majority released a 100-page report on Tuesday morning detailing findings from its monthslong probe into Biden’s White House, specifically whether his inner circle covered up signs of mental decline in the ex-president, and if that alleged cover-up extended to executive actions signed via autopen without Biden’s full awareness.

“Faced with the cognitive decline of President Joe Biden, White House aides — at the direction of the inner circle — hid the truth about the former president’s condition and fitness for office,” the report said.

The report also detailed a “haphazard documentation process” for pardons made by Biden, which the committee argued left room for doubt over whether the former president made those decisions himself.

“In the absence of sufficient contemporaneous documentation indicating that cognitively deteriorating President Biden himself made a given executive decision, such decisions do not carry the force of law and should be considered void,” the GOP report said.

“The Department of Justice should immediately conduct a review of all executive actions taken by President Biden between January 20, 2021, and January 19, 2025. Given the patterns and findings detailed herein, this review should focus particularly on all acts of clemency. However, it should also include all other types of executive actions.”

Obviously, this is not going down well in the Credentialed Media, with the wagons being circled, such as

(Politico) In a new report released Tuesday morning, the House Oversight and Government Reform Committee’s Republican majority claims to have found evidence that senior Biden White House aides “exercised the authority of the former president” and concealed signs of Biden’s mental deterioration. In fact, the probe concluded with the need for answers to more questions than any appearance of a smoking gun.

More question! Actually, that’s a bad thing, because all those autopen signatures should be rather cut and dried, easy to understand. There should be no ambiguity.

The House Oversight GOP is citing, in part, this barrier to getting information from the witnesses as proof of an internal cover-up around Biden’s health. The committee chair is now asking President Donald Trump’s Department of Justice to look into each and every one of Biden’s executive actions, with Comer arguing the state of Biden’s mental faculties could not be accounted for at the time of signing.

“[B]arring documentation establishing a record of President Biden’s decision-making, the Committee deems void President Biden’s executive actions that were signed using the autopen,” Comer wrote in a letter to Attorney General Pam Bondi. “[A]nd the Committee determines that action by the Department of Justice is warranted to address the legal consequences of that determination.”

The request could prolong the administration’s crusade against some of Trump’s biggest political rivals, though the efforts to overturn Biden’s executive actions could be blocked by the courts. Presidents also have for years relied on the autopen to sign materials as a standard practice, and Biden has maintained that his decisions were his own.

The GOP wants to keep digging, which, let’s be fair, this is politics, and look what the Democrats did even before Trump was elected in 2016, and then continued when elected, and continued after he lost. But, I have to say, there may never be answers, because there will most likely never be an answer to the reality of Biden’s mental decline. I don’t care about his physical issues, because, really, he was old. The mental issues were and still are the issue. All the Democrats know it. Proving it? That’s the rub, and, most likely will never be solved.

Read: GOP Demands DOJ Investigate Biden’s Autopen Use »

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Bummer: Humanity Has Missed The 1.5C (fake) Threshold

By William Teach October 28, 2025 – 7:15 am

Weird how this can happen after all those countries pledged to Do Something back in 2015

‘Change course now’: humanity has missed 1.5C climate target, says UN head

Humanity has failed to limit global heating to 1.5C and must change course immediately, the secretary general of the UN has warned.

In his only interview before next month’s Cop30 climate summit, António Guterres acknowledged it is now “inevitable” that humanity will overshoot the target in the Paris climate agreement, with “devastating consequences” for the world.

He urged the leaders who will gather in the Brazilian rainforest city of Belém to realise that the longer they delay cutting emissions, the greater the danger of passing catastrophic “tipping points” in the Amazon, the Arctic and the oceans.

“Let’s recognise our failure,” he told the Guardian and Amazon-based news organisation Sumaúma. “The truth is that we have failed to avoid an overshooting above 1.5C in the next few years. And that going above 1.5C has devastating consequences. Some of these devastating consequences are tipping points, be it in the Amazon, be it in Greenland, or western Antarctica or the coral reefs.

“Our failure”? How about the failure of all the Elites who have done absolutely zero to reduce their own carbon footprints? Imagine what might have happened if all the Warmists had given up their own use of fossil fuels and made their own lives carbon neutral? Even cut their carbon footprints in half? This could have been solved. If the whole thing was real, of course.

He said the priority at Cop30 was to shift direction: “It is absolutely indispensable to change course in order to make sure that the overshoot is as short as possible and as low in intensity as possible to avoid tipping points like the Amazon. We don’t want to see the Amazon as a savannah. But that is a real risk if we don’t change course and if we don’t make a dramatic decrease of emissions as soon as possible.”

Is this the same COP30 where 40K will take fossil fueled flights from around the world then take fossil fueled vehicles to the venue traveling down a road which was built by chopping down lots of the Amazon?

Fewer than a third of the world’s nations (62 out of 197) have sent in their climate action plans, known as nationally determined contributions (NDCs) under the Paris agreement. The US under Donald Trump has abandoned the process. Europe has promised but so far failed to deliver. China, the world’s biggest emitter, has been accused of undercommitting.

Well, that’s weird? It’s almost like most do not actually care to go beyond the pledges.

Read: Bummer: Humanity Has Missed The 1.5C (fake) Threshold »

Posted in AGW Scaremongering, Global Warming | 19 Comments | Trackback URL

US Detains Islamist Speaker Hamdi, Revokes Visa

By William Teach October 28, 2025 – 7:00 am

Maybe he should have re-considered being a shill for Hamas before coming to the U.S.

US detains British commentator Hamdi in middle of national speaking tour

U.S. immigration authorities detained British commentator Sami Hamdi, revoked his visa and said he would be deported rather than allowed to complete his speaking tour in the United States, a Homeland Security official said on Sunday.

Immigration and Customs Enforcement has Hamdi in custody, DHS spokesperson Tricia McLaughlin posted on social media site X. “Under President Trump, those who support terrorism and undermine American national security will not be allowed to work or visit this country,” she wrote.

Hamdi spoke at a gala for the Council on American Islamic Relations in Sacramento, California on Saturday and was scheduled to speak on Sunday at one of the group’s events in Florida, the organization said in a statement. CAIR said he was detained at San Francisco International Airport.

Conservative figures had been urging the Trump administration to expel Hamdi from the United States.

CAIR and other Islamists are upset

(NY Post) Days after the attack, he reportedly told a crowd at a mosque in London to “celebrate the victory.”

“We are pitying a people who brought a huge victory since 1948,” he said. “Don’t pity them, they don’t want your pity. Celebrate the victory,” he said.

“How many of you felt it in your hearts when you got the news that it happened? How many of you felt the euphoria? Allahu Akbari!”

Hamdi also claimed Israel’s accusations of sexual violence committed by Hamas were false, according to The Telegraph.

Why would we allow an Islamic extremist be in the U.S.?

(Forward) “We’ve said it before, we’ll say it again: The United States has no obligation to host foreigners who support terrorism and actively undermine the safety of Americans,” The State Department posted to X. “We continue to revoke the visas of persons engaged in such activity.”

The US has no obligation. Democrats should realize that Islamists are in direct competition for control.

Meanwhile

(AP) The detention by immigration authorities of a Chicago man whose 16-year-old daughter is undergoing treatment for advanced cancer is illegal, and he must be given a bond hearing by Oct. 31, a federal judge has ruled.

Attorneys for Ruben Torres Maldonado, 40, who was detained Oct. 18, have petitioned for his release as his deportation case goes through the system. While U.S. District Judge Jeremy Daniel said in an order Friday that Torres’ detention is illegal and violates his due process rights, he also said he could not order his immediate release.

Why is it illegal to hold an illegal alien pending deportation? Furthermore, let’s say Ruben was a US citizen who was being sent to the slammer: would the cancer have any bearing on that?

Read: US Detains Islamist Speaker Hamdi, Revokes Visa »

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