Marcus Lemonis Fires Back On X Over Claims Camping World Spiraling Toward Bankruptcy

Marcus Lemonis Fires Back On X Over Claims Camping World Spiraling Toward Bankruptcy

America’s largest RV dealer and service chain, selling new and used motorhomes, travel trailers, and more for outdoor living, has been under pressure over the past several years as high interest rates have crushed RV demand.

An X user with the handle Roger laid out his thesis on why Camping World is next on the list to “file Chapter 11 bankruptcy with $3.5 billion of unpayable debt,” adding, “West Marine (one of the largest boat suppliers in the US) just filed Chapter 11 bankruptcy today, holding over $1 billion in debt.”

Camping World Revenues and Liabilities

Roger added, “RV and Boat Bankruptcies. The signs are clear.”

Shares of Camping World have been locked in a brutal bear market since peaking near $45 in late 2021, with the stock now down about 86% as of Thursday. The sell-off has pushed shares back toward Covid-era lows, as high interest rates continue to choke off RV demand and corporate America as a whole warns that consumers have significantly dialed back on big-ticket items (read here).

Responding on X to Roger’s bear thesis on Camping World was none other than Marcus Lemonis, CEO of Bed Bath & Beyond, co-founder of Camping World, and TV personality.

Lemonis said Roger’s view that Camping World was sliding toward bankruptcy was “totally false.”

Roger then responded to Lemonis: “Explain. Why are liabilities rising, in particular lease obligations? Paying debt holders and not rent is end-stage preparation. See West Marine. Couldn’t pay its leases.”

Roger ended with: “Honestly, happy to hear an assessment.”

Here is Wall Street’s view on Camping World:

And the fact that Marcus Lemonis felt compelled to respond to a random X user raises its own set of questions.

The stock is 21% short, equivalent to about 12.5 million shares, with 2.7 days to cover. 

Tyler Durden
Thu, 05/21/2026 – 14:40

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Getting An ‘A’ At Harvard Will Be Tougher Starting In 2027

Getting An ‘A’ At Harvard Will Be Tougher Starting In 2027

Authored by Micaiah Bilger via The College Fix,

Two thirds of faculty vote to approve cap on A grades for undergrads…

Harvard University faculty gave an emphatic “yes” to capping A grades in a vote Wednesday amid concerns about grade inflation and academic rigor at the prestigious institution.

Approximately 70 percent voted to approve the 20-percent cap on As in undergraduate courses, The Crimson, Harvard’s student newspaper, reports. Nearly 700 professors participated in the vote. The measure will go into effect in the fall of 2027.

Harvard psychology Professor Steven Pinker praised the decision in an X post Wednesday, calling it “a big step in combatting the grade inflation that has been dumbing down our courses, conveying the wrong message to students, and making universities a national laughingstock.”

Another professor, political scientist Max Abrams at Northeastern University noted the impact of the decision on other higher education institutions. 

Other scholars called for their Ivy League institutions to follow Harvard’s lead.

Along with limiting As, the faculty also approved a measure by a large majority “to use average percentile rankings, rather than GPA, to determine internal awards and honors,” according to The Crimson.

A third measure within the proposal did not pass. It would have allowed professors “to petition to opt out of the A cap” if the grading for their course is on an “unsatisfactory, satisfactory, and satisfactory-plus basis,” the report states:

When the proposal was first introduced in February, its architects pitched the A cap and percentile-ranking system as paired reforms: the ranking system would prevent students from avoiding larger or more difficult courses in search of better grades under the cap.

After pushback, the subcommittee separated the measures into distinct votes, delayed implementation by a year to fall 2027, and added a “satisfactory-plus” designation for courses that chose to opt out of the system.

In the weeks before the vote, some faculty also pushed for a more complicated alternative to the“20 percent plus four” formula that would have tightened limits in smaller courses. But that amendment failed to make it onto the final ballot after faculty favored the original formula in a preliminary poll.

All three proposals came from a Harvard faculty committee in response to a report that found 60 percent of all undergraduate grades are now As – a 35 percent increase compared to 20 years ago.

In a statement after the vote Wednesday, the committee said the change will help restore integrity to the institution.

“This matters for our students above all,” they stated. “A Harvard A grade will now tell them, as well as employers and graduate schools, something real about what a student has achieved. An A will once again be what Harvard’s guidelines have long said it is: a mark of extraordinary distinction.”

Despite widespread concerns about grade inflation, Harvard students overwhelmingly opposed the cap, American Council of Trustees and Alumni fellow Steve McGuire pointed out on X. 

One petition launched by a freshman claimed that the grading reforms would be “racially harmful,” The College Fix reported in April.

Concerns about grade inflation have arisen at other institutions as well, including Yale and Columbia universities and Swarthmore College in Pennsylvania. Additionally, some professors say they are under pressure not to fail students.

Tyler Durden
Thu, 05/21/2026 – 13:40

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Lawsuit Against Virginia Tech Alleging Anti-Male Bias in Title IX Proceedings Can Go Forward in Part

An excerpt from today’s long decision by Judge Thomas Cullen (W.D. Va.) in Doe v. Va. Polytechnic Inst. & State Univ.:

In the fall of 2024, Plaintiff John Doe (“Johnny”), then a student at Virginia Tech (“VT” or “the university”) and member of its Corps of Cadets, was accused by two female students of sexual assault.

Johnny’s first accuser, Pauline Poe, with whom he previously had at least two consensual sexual encounters, claimed that Johnny had continued to engage in sexual intercourse with her after she withdrew consent. A couple weeks later, Jane Roe, a fellow member of the Corps of Cadets, complained that Johnny, with whom she had previously been intimate, had sex with her after a night of heavy (underage) drinking. Jane, who claimed to have no memory of this encounter, later alleged that it amounted to sexual assault on Johnny’s part because she was incapacitated.

After receiving these two complaints, VT officials sprang into action. The same day that Jane reported Johnny to VT’s Title IX office—over five weeks after their allegedly non-consensual encounter—the university issued a campus-wide alert about the purported sexual assault. VT’s email did not identify Johnny or Jane by name, but it provided the specific location of the alleged incident and noted that the parties involved knew each other. Although no one from the Title IX office had yet to investigate Jane’s claims—let alone get Johnny’s side of the story—the campus-wide email characterized him as “the offender” and Jane as “the survivor.” The following day, a VT official placed Johnny on interim suspension, which resulted in his being evicted from his dorm room, pending the outcome of separate Title IX and student-conduct investigations.

VT officials investigated Pauline’s and Jane’s claims over the next six months. Johnny, who vehemently denied sexually assaulting anyone, maintained his innocence throughout the process, and he desperately tried to present abundant evidence that he claimed substantially undermined his accusers’ claims and their credibility.

As to Pauline Poe, Johnny pointed out—to the investigator, to the hearing officers, and to anyone else who might listen—that her roommate (whom Pauline had initially claimed would confirm her account) largely refuted it. Johnny also noted that a local judge, who denied Pauline’s request for a permanent protective order against Johnny, characterized key aspects of her account as “extremely unique, if not bizarre.”

Johnny also alleged that Pauline withheld—and even doctored—various text messages they had exchanged the night of the alleged assault. He also claimed that Pauline omitted a critical detail of her later accounts to VT investigators—specifically, her allegation that Johnny had threatened her with a knife before they had sex—when she initially reported the encounter to local police.

Finally, Johnny presented a report from a forensic nurse who examined a photograph that Pauline gave to VT investigators. According to Pauline, this photograph depicted a bruise that she suffered during their non-consensual encounter. The forensic nurse, however, opined that it depicted no such thing.

Regarding Jane Roe’s sexual-assault claim, Johnny alleges that he presented substantial evidence that disproved her account. He pointed out that Jane had initially waited more than five weeks to report him to VT’s Title IX officials, and that she only did so then to receive immunity from a charge of underage drinking that stemmed from her imbibing on the night of the alleged assault. According to Johnny, this underage-drinking charge was Jane’s second serious disciplinary infraction while a member of the Corps of Cadets, and a conviction could have resulted in Jane losing her ROTC scholarship.

Although Jane later downplayed her disciplinary exposure for underage drinking, she filed her Title IX complaint against Johnny the day before she was scheduled to stand trial on that charge (and, according to Johnny, shortly after she had discussed matters with Pauline). As soon as Jane accused Johnny of sexual assault, VT granted her immunity for underage drinking and the disciplinary proceeding that may have resulted in the loss of her scholarship was dropped.

What’s more, Johnny marshalled considerable evidence to refute the notion that Jane was incapacitated—the required mental state for a victim of sexual assault under these circumstances based on VT’s policies—when they had sex. He presented detailed written testimony from a psychologist at the University of Pennsylvania School of Medicine, who regularly advises the accrediting body for university Title IX investigators.

In her report, this expert, who examined the record evidence, explained that, although Jane was likely intoxicated at the time she had sex with Johnny, Jane had not—based on her own account of the night in question, the accounts of multiple eyewitnesses who interacted with her at the time, and other evidence—exhibited any signs incapacitation. Specifically, the psychologist noted that, just prior to climbing into her bed with Johnny, Jane had walked another student back to his dorm, sent several coherent text messages, cleaned up after another student who had become ill from drinking, and changed her clothes.

Johnny also pointed VT investigators to Jane’s conduct towards him in the days and weeks following this alleged sexual assault. Not only did she wait over five weeks to accuse him, but, in the interim, she sent Johnny several friendly text messages, including one in which Jane described herself as his “sugar baby,” and another in which she asked to travel with him over the upcoming Thanksgiving holiday. And three weeks after the alleged sexual assault (but before she had accused him of it), Jane had Johnny back over to her dorm room for another night of underage drinking.

Johnny’s efforts to disprove these accusations ultimately proved futile. The VT officials who investigated both incidents allegedly gave short shrift to this exculpatory and impeachment evidence and ultimately substantiated Pauline’s and Jane’s claims of sexual assault. They submitted their written findings to disciplinary tribunals for formal adjudication. Although Johnny claims that he attempted to present this same exculpatory evidence at the ensuing hearings, his defense largely fell on deaf ears.

The hearing officers, applying preponderance-of-the-evidence standards, ultimately concluded that it was more likely than not that Johnny had sexually assaulted Pauline and Jane. Based on their determination in Jane’s case, the hearing officers recommended that Johnny be expelled from VT. Johnny appealed those decisions, but his appeals were summarily denied. Consistent with Virginia law, once the expulsion was considered final, VT officials placed a notation on his official transcript indicating, for posterity, that he had been expelled for committing sexual assault.

According to Johnny, all of this was preordained given the deep-seated anti-male bias of the VT officials who investigated and adjudicated Pauline’s and Jane’s sexual-assault claims, as well as inherent anti-male bias in VT’s Title IX policies, the combination of which made it nearly impossible for him to defend against false accusations of sexual assault. Johnny contends that by imposing arbitrary, inconsistent, and shifting standards for evaluating the sexual-assault claims, denying him a meaningful opportunity to confront and cross-examine his accusers at those hearings, and effectively ignoring substantial evidence that largely refuted the purported victims’ accounts, VT and its officials violated his rights under the Constitution and federal anti-discrimination law, specifically Title IX….

The defendants correctly point out that the constitutional rights Johnny alleges VT administrators violated were not clearly established by United States Supreme Court or Fourth Circuit precedent at the time his investigations occurred. As such, the doctrine of qualified immunity unquestionably bars his claims against these individual defendants for money damages.

But that does not end the inquiry—far from it. Johnny has alleged abundant facts that, if true, raise grave concerns about the way VT, through these administrators, conducted the investigations of Pauline’s and Jane’s sexual-assault claims, as well as the ultimate outcomes of those inquiries. Simply put, Johnny has alleged facts that, if true, raise a plausible inference the VT discriminated against him in these investigations because he is male and, in so doing, violated Title IX. Accordingly, Johnny’s claims against the university will be allowed to proceed, as well as a single official-capacity claim against one of the administrator defendants.

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The Supreme Court Protected Donor Privacy. The IRS Didn’t Get the Memo.


Donor privacy, supreme court case | Illustration: Adani Samat/Midjourney Photo: Volodymyr Tverdokhlib/Dreamstime

The Supreme Court issued a resounding victory for donor privacy and free speech last month in First Choice Women’s Resource Centers v. Davenport, but it is cold comfort to the hundreds of thousands of nonprofit organizations around the country that must continue handing over similar information to the IRS every year.

First Choice reaffirmed that the First Amendment strongly protects the privacy of nonprofit supporters. The case arose after New Jersey’s attorney general issued a sweeping subpoena to First Choice, a Christian, pro-life medical nonprofit serving pregnant women, new mothers, and fathers. The subpoena demanded the names and addresses of nearly all of First Choice’s donors. The Supreme Court unanimously held that such demands inflict real and immediate harm because they deter people from associating with disfavored groups—even if the government promises to keep the information confidential.

This outcome should not be surprising. Nearly 70 years ago, in NAACP v. Alabama, the Supreme Court recognized the “vital relationship” between the First Amendment and privacy. Few people might be willing to donate to a controversial or dissident group if that information might fall into the wrong hands. And NAACP v. Alabama was a perfect example: the Alabama attorney general tried to obtain a list of the NAACP’s members in a blatant move to discourage people living in the Jim Crow South from supporting the civil rights organization. The Supreme Court blocked the effort because the attorney general failed to show that Alabama had an important need for such sensitive information.

Drawing on this precedent, First Choice once again explained that demands for donor information inevitably chill First Amendment freedoms. And that’s true, the Supreme Court held, the moment the demand is made. Organizations can therefore go straight to federal court to protect their privacy without waiting for a state court to order them to comply.

First Choice will have implications far beyond one New Jersey subpoena. To its credit, the federal government recognized as much, filing an amicus brief urging the Court to rule in the nonprofit’s favor.

But it’s a much different story for the federal government in Buckeye Institute v. Internal Revenue Service, a case that our organization, the Institute for Free Speech, is litigating in the U.S. Court of Appeals for the 6th Circuit.

In Buckeye, the IRS is defending a broad disclosure regime that requires hundreds of thousands of nonprofits to disclose donor information to the federal government every year. Five years ago, in Americans for Prosperity Foundation v. Bonta, the Supreme Court held that disclosing this information—which appears on a tax form called a Schedule B—creates a “real and pervasive” chilling effect on the First Amendment. But the IRS claims that because donors to Buckeye can receive a tax deduction for their charitable contribution, Bonta doesn’t apply.

On the same day the Supreme Court announced its decision in First Choice, the IRS was in the 6th Circuit arguing that courts should not second guess the government’s claimed need to stockpile a treasure trove of sensitive donor data.

The central question in Buckeye is what standard courts must apply to evaluate the law. The Supreme Court’s decision in First Choice reaffirmed that “any demand” for donor information requires the government to satisfy “exacting scrutiny.” That means the government cannot compel organizations to reveal their donors without first proving that collecting this information is necessary to further an important government interest.

But in Buckeye, the federal government has urged the court to adopt a far more deferential approach on the theory that nonprofit organizations can avoid the disclosure requirement simply by forgoing tax-exempt status. This interpretation would allow the government to condition valuable tax benefits on a willingness to surrender one’s fundamental rights.

Buckeye is far more than a technical dispute about tax forms. At stake is whether the federal government can systematically collect the identities of tens of thousands of nonprofit donors—year after year, across the entire country—despite no suspicion of wrongdoing, and without even a second glance from the courts.

First Choice recognizes how critical associational privacy is to the freedoms we all cherish. But those freedoms mean nothing if the courts do not apply the scrutiny to government overreach that the Constitution demands.

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Trump’s Corruption Is Brazen, Obvious, and Costly. Will Enough Republicans Try To Stop Him?


President Donald Trump and Oval Office in a red shade of color | Illustration: Samuel Corum - Pool via CNP/picture alliance/Consolidated News/Joe Sohm/Dreamstime

While addressing a crowd of manufacturing workers in Missouri this week, Vice President J.D. Vance detailed how his staff is tirelessly working to root out fraud in the federal government.

“There is a simple principle that I have, which is: If you are committing fraud against the American people, you should go to prison,” Vance said.

After waiting for the cheers to die down, he continued, “If you are a public official, and you are not fighting against fraud, you ought to have your money taken away, because [officials] should not be able to steal from all of you.”

Yes, if there is one thing the Trump administration simply will not tolerate, it is the theft of public money or government officials getting rich off such fraud.

But, wow, that sure seems to be happening a lot these days.

On the same day that Vance was speaking, the White House and the federal Department of Justice put the finishing touches on an agreement that will transfer nearly $1.8 billion from American taxpayers to President Donald Trump.

Officially, the “Anti-Weaponization Fund” will provide payments to “redress claims of others who suffered weaponization and lawfare.”

In reality, this is a massive taxpayer-funded slush fund that Trump will be able to distribute to his friends and allies—including those who rioted at the U.S. Capitol in January 2021. The fund will be controlled by a five-member board, with all five appointed by the attorney general and removable by the president at any time without cause.

This should be one of the biggest scandals in presidential history. Trump sued himself, then agreed to settle the lawsuit with an amount of taxpayer money that his lawyers determined. It’s so brazenly corrupt that it feels absurd. Plenty of politicians engage in self-dealing, but you’d have a hard time finding an example of one who grabbed the cookie jar so directly and stuck his hand inside, in full view of the public.

“The entire affair reeks of corruption,” wrote Reason‘s Joe Lancaster earlier this week.

In this administration, that stench is becoming overwhelming. The Anti-Weaponization Fund is merely the most blatant example (so far) of Trump’s corruption, but it is just one part of a cavalcade that’s happening right in front of everyone’s faces.

Government records show that Trump bought and sold millions of dollars in stock in companies that contract with or are regulated by the federal government, as first reported last week by investigative outfit Sludge. Disclosures filed earlier this month with the Office of Government Ethics show that Trump made more than 3,600 stock trades during the first three months of the year.

A few really stand out. Trump bought stock in the tech company Palantir just before it inked a massive government contract. He also bought $680,000 worth of stock in Eli Lilly, a pharmaceutical company. “The timing of Trump’s purchases coincides with several favorable government decisions benefiting the drugmaker’s GLP-1 business, including progress toward a long-held goal: qualifying the drugs for reimbursement from Medicare, the government health insurance program primarily serving seniors, when they are prescribed for weight loss,” reported KFF Health News.

The White House has denied that there is any conflict of interest in those decisions, but the potential for one seems obvious.

And, like with Vance’s comments this week, the gulf between what the administration says and does is vast. During the State of the Union address in February, Trump called for a ban on members of Congress trading stocks. Conservatives have complained for years about former Speaker of the House Nancy Pelosi (D–Calif.) and other high-ranking officials using their positions and insider information to enrich themselves.

Instead of draining that swamp, Trump is now engaged in the same behavior.

Then, there are the foreign entanglements, many of which seem to involve Trump’s children and their spouses. Jared Kushner, the president’s son-in-law, is one of the administration’s top negotiators in the Middle East. He also runs a private equity firm that accepted a $2 billion investment from the government of Saudi Arabia in 2024, and he’s reportedly been soliciting other investments while negotiating an end to the war with Iran.

The Gulf States, in particular, are threatened by a long-term war, which could further destroy their oil and gas infrastructure. How much would they be willing to pay Trump’s family to make the war go away sooner rather than later? This is gangster-type stuff masquerading as diplomacy.

Meanwhile, Trump’s sons have reportedly been given a stake in a Kazakh mining company that recently won a $1.6 billion contract from the administration. Separately, the U.S. Air Force has agreed to buy drones from a company partially owned by Donald Trump Jr. and Eric Trump.

And the hypocrisy is rank. Republicans drew up articles of impeachment against President Joe Biden because of the corrupt links between his son, Hunter Biden, and a Ukrainian oil company. Now, the Trump administration is seemingly mocking the Bidens for not thinking big enough.

Asked in January about his family making money on business deals while he’s president, Trump told The New York Times that “nobody cared” when he limited such behavior during his first term.

“I prohibited them from doing business in my first term, and I got absolutely no credit for it,” he said. “I didn’t have to do that. And it’s really unfair to them.”

“The president is profiting off the office and making foreign policy decisions based on business interests to a level we’ve never seen or even conceived of before, and apparently nothing is being done to stop it,” wrote journalist Isaac Saul in an exhaustive, 6,000-word essay at Tangle earlier this month.

What can be done? For starters, administration officials should follow the example of Treasury Department general counsel Brian Morrissey, who resigned this week, apparently in response to the creation of the $1.8 billion slush fund.

The “Anti-Weaponization fund” is so egregious that it might actually get some Republicans in Congress to rediscover their spines. “We’re gonna try to kill it,” said Rep. Brian Fitzpatrick (R–Pa.) when asked about the fund. “You can’t do that.”

“We are a nation of laws, you can’t just make up things whole-piece,” Sen. John Cassidy (R–La.), who lost a primary election earlier this month, told The Hill. “It is as if somebody sued themselves and agreed upon a settlement with themselves that’s going to be funded by the rest of us. If that’s the case: What?!”

The ultimate remedy to this pattern of behavior is impeachment. That power was given to Congress for specifically this type of misconduct, so that lawmakers could address “the abuse of violation of some public trust,” as Alexander Hamilton wrote in Federalist No. 65.

Outright public corruption is a problem on its own terms, of course. It means fewer tax dollars are available for public services, and causes capital investments to be misallocated because of cronyist considerations.

It also undermines the norms and institutions that are supposed to prevent corruption—and, thus, encourages more of it. Sure, roll your eyes at the “norms” all you want, but there doesn’t appear to be any law or rules that prevent a president from suing his own Justice Department and then settling the lawsuit and pocketing a ton of taxpayers’ money. Dozens of other men have held the presidency without doing that. Now that one has, it becomes easier for the next to do it too.

This is a slide that must be stopped before it gets worse. Conservatives who hand-wave Trump’s corruption with whataboutism, focused on Biden or Hillary Clinton or anyone else, are doing the opposite of that. Ignoring Trump’s corruption will invite more and worse from him and others.

And the next time Vance talks about how this administration is focused on reducing fraud in government, he should be booed and laughed off stage.

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An ICE Detainee Died from a Tooth Infection, Autopsy Report Says


autopsy report | Maricopa County Office of The Medical Examiner/ICE.org

A 56-year-old Haitian man being held in Immigration and Customs Enforcement (ICE) custody in Arizona died from complications from an untreated tooth infection, a medical examiner’s report released earlier this month found.

Emmanuel Damas died on March 2 after being transferred to a local hospital from the Central Arizona Florence Correctional Center, a private correctional complex that houses ICE detainees. A report by the Maricopa County Medical Examiner’s Office, obtained through a public records request, concluded that Damas “died as a result of Complications of Necrotizing Mediastinitis with Neck and Retropharyngeal Abscess in the setting of Severe Dental Caries and Periodontal Disease.”

Mediastinitis is a life-threatening chest infection. A retropharyngeal abscess is a large, life-threatening collection of pus at the back of the throat, also resulting from a severe infection.

The autopsy results, first reported by the Arizona Mirror, come as deaths in ICE custody have reached an all-time high and allegations of abuse and neglect continue to pour out of federal detention centers.

For example, after Geraldo Lunas Campos, a detainee at the Camp East Montana detention facility in Texas, died on Jan. 3, ICE initially claimed that he committed suicide, but the El Paso Medical Examiner’s Office ruled his death a homicide by asphyxiation. Multiple detainee witnesses told news outlets that guards choked Lunas Campos to death after he refused to stop asking for his medication.

Reason also previously reported on the case of Marie Ange Blaise, a 44-year-old Haitian national who died last April of a heart attack at a private detention facility in Broward County, Florida. Blaise’s son told a county investigator that his mother said in a phone call with him on the day she died that staff refused to let her see a physician for chest pains. Detainees who witnessed Blaise collapse told human rights groups there was also a slow staff response, and guards initially ignored them when they yelled for help.

Damas was transferred to ICE custody last September after being arrested and charged in Buffalo, New York, with assault and battery, according to an ICE report on his death. The report says Damas “received regular medical and dental evaluations” and that he declined recommendations for tooth extractions.

On Feb. 19, Damas was transferred to a hospital where he was diagnosed with acute respiratory failure due to septic shock. He remained ventilated and on life support until he died on March 2.

However, Arizona Family reported that Damas’ brother, Presley Nelson, said Damas told medical staff at the detention center that he had a toothache in mid-February, but he was not sent to a dentist. The outlet wrote that Nelson “believes the staff at the facility did not take his brother’s complaints seriously, even though it was a treatable condition.”

In response to the medical examiner’s findings, Rep. Adelita Grijalva (D–Ariz.) said in a press release that “a toothache should never escalate into a fatal medical emergency, especially while someone is in government custody and entirely dependent on detention staff for access to care.”

In March, Grijalva and two other Arizona Democrats demanded an investigation into Damas’ death and the release of his full medical records. Grijalva said that her office has yet to receive the “full records, transparency, or accountability that his family deserves.”

The Department of Homeland Security did not immediately respond to a request for comment.

The post An ICE Detainee Died from a Tooth Infection, Autopsy Report Says appeared first on Reason.com.

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The News-to-Death Ratio Strikes Again

The News-to-Death Ratio Strikes Again

Authored by Carl Henegan and Tom Jefferson via The Brownstone Institute,

There is a peculiar arithmetic that governs modern health reporting, one that has very little to do with actual risk. Hans Rosling captured it neatly during the 2009 swine flu episode, when he calculated a “news-to-death ratio” of 8,176-to-1. In other words, for every death attributed to swine flu, there were over eight thousand news stories. Tuberculosis, by contrast, received less than 0.1 news stories per death over the same period.

If that sounds absurd, it is, and yet very little has changed.

Take the current hantavirus scare. A cruise ship, the MV Hondius, sits off Cape Verde. There are 7 cases in total (2 confirmed, 5 suspected) and 3 deaths, including a Dutch couple and a German national. Passengers have been confined to their cabins while evacuations and disinfection efforts are organised. It is, undeniably, a dramatic story: a floating Petri dish, a whiff of quarantine, and a hint of the exotic.

In the past week alone, there have been at least 10 to 15 unique news stories, generating hundreds of articles. For a disease that, in normal times, struggles to attract even a single weekly mention, this represents a surge bordering on the hysterical.

And yet it is worth stepping back for a moment and asking, what are we actually looking at?

Hantavirus is a rare disease. In the United States, which diligently tracks such cases, there have been 890 laboratory-confirmed instances since 1993. In the UK, the situation is even less clear: from 2012 to early 2025, only 11 domestically acquired symptomatic cases have been recorded. Surprisingly, nine of these cases were not linked to cruise ships or exotic travel, but rather to a more mundane source—exposure to “pet fancy rats” or rodents bred as reptile feed.

This is not a pathogen ready to spread through the Home Counties. However, the rarity is not the issue; visibility is.

Diseases that afflict the poor, quietly and persistently, rarely command attention. Tuberculosis killed 1.23 million people globally in 2024. Over a million deaths every year, largely concentrated in less affluent parts of the world. It is one of the most lethal infectious diseases known to medicine, and yet it barely registers in the Western news cycle.

Why? Because TB is familiar, it is slow; It lacks narrative flair, and it does not trap well-heeled passengers in their cabins while helicopters circle overhead.

If you want coverage, you need something else entirely. You need novelty, uncertainty, and above all, proximity to affluence. A cruise ship outbreak ticks every box: a disease with a balcony suite.

This is the uncomfortable truth behind Rosling’s ratio: the media does not report risk, it reports drama. And drama requires context that audiences can imagine themselves in.

A rodent-borne virus in some remote rural setting barely registers. Put that very same virus aboard a cruise ship with buffet queues, balcony cabins, and a passenger list that looks uncomfortably like the readership, and suddenly it becomes headline news.

The result is a profound distortion of public perception. We are invited to worry about the improbable while ignoring the inevitable and reality. A handful of hantavirus cases generates dozens of headlines; a million tuberculosis deaths pass with barely a murmur.

If we were to apply Rosling’s lens to the present moment, the imbalance would be obvious. Three deaths linked to a suspected hantavirus cluster have produced hundreds of reports in a matter of days. Meanwhile, tuberculosis continues its relentless toll with scarcely a fraction of that attention.

The modern “news-to-death ratio” may not be precisely 8,176-to-1, but the underlying pattern remains intact.

The lesson here isn’t truly about hantavirus; instead, it’s about how we collectively determine what is significant.

Diseases associated with poverty—those that are endemic, predictable, and devastating—often fail to attract media attention because they don’t instill fear in the right audience or in the right way. No one is interested in the thousands of cholera deaths that are too remote, too ordinary, and lack the dramatic impact that draws interest. What commands attention are diseases that puncture our sense of safety, the kind that can slip past the gangway and make themselves at home on a cruise ship.

This post was written by two old geezers who live in a world where risk is misread, priorities are skewed, and the arithmetic of attention bears little resemblance to the arithmetic of death.

Republished from the authors’ Substack

Tyler Durden
Thu, 05/21/2026 – 13:00

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Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash

Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash

Authored by Zoltan Vardai via CoinTelegraph.com,

A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street. 

The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform insiders as Jane Street unwound exposure to TerraUSD (UST) shortly before the algorithmic stablecoin lost its dollar peg in May 2022, according to the filing. “Jane Street used Bryce’s Secret chat group and other backchannel sources of non-public information to front-run trading that hastened the collapse of Terraform,” the filing states.

The claims renew scrutiny of who profited from Terra’s $40 billion collapse, one of the crypto industry’s largest failures, and could test how traditional insider trading and market manipulation theories apply to decentralized finance markets.

On Feb. 23, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.” 

Two months later, Jane Street filed a motion to dismiss the lawsuit, arguing that Terraform attempted to “extract cash from Jane Street to foot the bill for a fraud that Terraform itself perpetrated on the market,” Cointelegraph reported on April 23.

A spokesperson for Jane Street told Cointelegraph that the lawsuit was a transparent attempt to “extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multi-billion dollar fraud perpetrated by the management of Terraform Labs.”

Terraform Labs court filing in the lawsuit against Jane Street. Source: cloudfront.net

Curve trade raises new UST concerns

The timing of a particular UST trade has raised more concerns, suggesting potential access to insider information by an unknown entity.

On May 7, 2022, Terraform quietly withdrew about $150 million in UST from the Curve 3pool liquidity pool.

Less than 10 minutes after Terraform’s withdrawal, Curve 3pool saw its largest single swap of $85 million, precipitating a steep sell-off in UST, which the filing said “ultimately led to the collapse of the Terra ecosystem.”

The heavily redacted filing does not identify the entity behind the swap.

Terraform Labs court filing in the lawsuit against Jane Street. Source: cloudfront.net

Snyder seeks to recover alleged wrongful gains from Jane Street, plus compensation for additional damages to distribute to Terraform creditors and investors who lost funds in the 2022 collapse.

Jane Street is the world’s leading quantitative trading firm by net trading revenue, with $39.6 billion generated in 2025, reported Reuters.

Cointelegraph reached out to Terraform’s court-appointed administrator for comment but had not received a response by publication.

Tyler Durden
Thu, 05/21/2026 – 12:20

via ZeroHedge News https://ift.tt/8Cr1Toe Tyler Durden

Is the DHS Tracking ICE Critics? The Public Deserves Answers.


Filing cabinet with confidential file inside | Illustration: Midjourney/Zimmytws /Dreamstime

Free speech advocates want to know more about the Department of Homeland Security’s (DHS) rumored database that tracks critics of the Trump administration’s immigration policies and its potential to chill constitutionally protected speech. But so far, the agency has ignored repeated Freedom of Information Act requests for public records. 

Amidst the rising tensions between federal immigration agents and protestors earlier this year, President Donald Trump’s border czar, Tom Homan, announced on Fox News in January his push to create a database to prosecute people who “impede or interfere” with immigration operations. Such a database, according to Homan, would include those who film officers—an activity protected under the First Amendment. 

Shortly after, a video went viral of an Immigration and Customs Enforcement (ICE) agent documenting a legal observer’s car. When asked what he was doing, he told the observer, “Because we have a nice little database, and now you’re considered a domestic terrorist.” And CNN reported on a DHS memo asking agents assigned to Minneapolis to “capture all images, license plates, identifications, and general information on hotels, agitators, protestors, etc., so we can capture it all in one consolidated form.” 

Although the former DHS spokesperson Tricia McLaughlin staunchly denied the existence of such a database, the Foundation for Individual Rights and Expression (FIRE), a nonprofit organization that defends Americans’ right to free speech and free thought, wanted to learn more to shed light on the government’s activities and data collection. Coupled with federal agencies’ increased use of facial recognition software through contracts with companies like Mobile Fortify and Clearview AI, such a database could have “serious First Amendment implications,” according to a new lawsuit FIRE filed this week against the DHS and ICE in federal court. 

“Americans deserve to know more about this database, starting with whether it exists,” FIRE attorney Jacob Gaba said in a statement. And if it does exist, oversight might be required to ensure constitutional compliance. “The First Amendment prohibits the government from retaliating against peaceful protestors,” continued Gaba, “including by putting their names and faces in a shadowy database. 

But so far, according to the complaint, the DHS and ICE have failed to respond to four separate Freedom of Information Act (FOIA) requests submitted by FIRE since January. The requests asked for any public records concerning, in part, “the existence…[of] any database referenced by Homan’s comments,” all training materials or guidance on entering information into the database, “all communications…with vendors regarding the development…of the database,” and “any records showing that [the agency] sought a legal opinion regarding the legality of the database.” 

Under federal law, the DHS and ICE must determine within 20 business days after receiving a request whether to comply or notify that the request has been denied. Instead, FIRE’s FOIA requests, dated January 28, February 5, and February 11, have been left “pending” as of May 19, according to the lawsuit. Left with no response, FIRE has asked a federal judge to, in part, order the agencies to disclose the requested public records.

Reason also reached out to the DHS for comment on FIRE’s unaddressed FOIA requests and to ask whether such a database truly exists, but did not immediately receive a response.

This is not the only instance in which the DHS and ICE have ignored FOIA requests on the agencies’ potentially First Amendment-violating actions. Last month, two lawsuits were filed by the American Civil Liberties Union (ACLU) and the Electronic Frontier Foundation (EFF) against the DHS and ICE for failing to respond to FOIA requests to learn more about the potentially unconstitutional use of unmasking subpoenas to identify ICE’s anonymous online critics. 

Since former Secretary of Homeland Security Kristi Noem was fired in March and replaced by Markwayne Mullin, the DHS and ICE have pivoted to a much quieter media strategy. But plans to orchestrate mass deportations have not changed. And neither have the Trump administration’s plans to counter domestic terrorists, including the broadly defined “Antifa.” 

FOIA requests, like the ones submitted by FIRE, are essential to ensure agencies remain transparent and accountable when implementing such controversial policies. The DHS and ICE must comply, whether or not the rumored database exists, because either scenario threatens Americans’ First Amendment rights, according to Gaba. 

“Either there is, in fact, a database of people exercising their right to criticize the government—which would be a frightening and unconstitutional abuse of power—or officials are just engaging in loose talk that intimidates people into silence,” Gaba explained. “Both outcomes are unacceptable in a free society.”

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Trump’s Approval Rating Is Cratering. Tariffs Are a Big Reason Why.


President Donald Trump | Samuel Corum - Pool via CNP/CNP/Polaris/Newscom

Donald Trump is now an unpopular president. Some of this dissatisfaction is due to the war in Iran. Some of it springs from the unanticipated speed, chaos, and perceived brutality of several of his administration’s actions over the past year and a half. But a significant part of his political problem has a straightforward economic explanation: Everything feels expensive, and his tariffs are a major reason why.

If the president wants to help himself and his party ahead of this year’s midterm elections, the most effective thing he can do is eliminate the tariffs. The evidence in favor of this move is overwhelming, and it comes from his own tenure.

As an obligatory reminder, tariffs are levied on American importers who pass the costs on to American businesses and consumers. Those insisting tariffs are “paid by foreigners” must now dispute not just history but the present.

The Cato Institute’s Scott Lincicome and colleagues reviewed a year of data from Trump’s tariff regime and found that “the higher costs from tariffs passed through to prices paid by Americans at a rate as high as 96 percent.”

Using daily price data from major U.S. retailers, economists from Harvard Business School found that the 2025 tariffs raised consumer prices almost immediately, with imported goods rising roughly twice as fast as domestic ones and adding nearly a full percentage point to the overall Consumer Price Index by October 2025.

This finding isn’t unique. My colleague Jack Salmon examined 56 quantitative studies produced over the last 30 years and found 19 showing tariffs raise prices and zero showing tariffs lower prices.

This reality has a real impact on Americans. The Tax Foundation put the cost of the tariffs at roughly $1,000 per American household in 2025, with another $700 coming in 2026 from the Section 232 and Section 122 levies, which were left unaffected by Supreme Court’s recent rebuke. It shows up in grocery bills, appliance prices, and clothing costs—routine purchases for working-class households.

The damage goes beyond prices. Salmon’s literature review finds 25 studies documenting negative effects of tariffs on productivity and economic output. None of those studies show positive effects. Across Chile, India, Indonesia, Brazil, Hungary, Canada, and the United States, the pattern is the same: Lower tariffs raise productivity; higher tariffs reduce it.

What about revenue? The Tax Foundation projects $956 billion from the remaining tariffs over a decade, falling to $697 billion once the economic damage, including the uncertainty and foreign retaliation, is counted. That’s a sign of a bad policy.

To be fair, some supporters of Trump’s tariffs were honest about their impact. Isn’t that the whole point? Raise prices and hurt the businesses reliant on foreign goods and inputs to help domestic manufacturers. We’re told that conceding to the working-class white voters who demand protectionism is worth the price.

The political results are now available for inspection too. A new CBS News poll shows that Trump’s approval is underwater with most voters, including white voters without college degrees, among whom his approval rating fell from 68 percent last year to 46 percent today. This is unsurprising. The supposed beneficiaries of economic nationalism are instead its most exposed victims.

It didn’t help that manufacturing employment, which was promised to boom, kept declining throughout 2025. And economic growth decelerated despite the major investment and energy around AI.

The tariffs also produced a final insult: They energized the very Washington insiders the president promised to defeat when he first entered the White House in 2017. When tariffs are numerous, arbitrary, and have an exemption process attached, every affected business must hire a lobbyist to survive.

Data from Lincicome and his co-authors show that “the number of registered clients for tariff-related lobbying increased by 218 percent in 2025 with respect to the previous year.…Meanwhile, trade-related lobbying expenditures reached more than $900 million in the first half of 2025 alone and were 28 percent higher than in the first half of 2024.”

All that lobbying pays off, as evidenced by how the global tariffs have become riddled with exemptions. It’s also good for lawyers. More than 2,000 importers have now rightfully filed suits (an expensive process) seeking refunds on over $160 billion in tariffs the Supreme Court ruled were illegally collected.

The swamp was not drained. It was fed. Small businesses, who usually do not have the luck or resources to access the right people in the administration, pay the full tariff while their larger competitors petition for relief.

The president still has time to change course. The economic case for dropping the tariffs is airtight. The political case is increasingly urgent.

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