Jeremy Torrie

Let me tell you what just got reported, because you will not believe it until you see it laid out. The Trump administration cut a billion-dollar tungsten deal with Kazakhstan. Tungsten is the metal we need for missile warheads, fighter jets, and computer chips. Trump himself got on the phone to close it. Commerce Secretary Howard Lutnick worked it from the inside, sending letters, leaning on the Kazakh president, lining up as much as $1.6 billion in federal financing. Within weeks of those negotiations, investors tied to a firm partly owned by Donald Trump Jr. and Eric Trump took a 20% stake in an entity connected to the very same Kazakhstan project their father was negotiating. Around that same time, Cantor Fitzgerald, the firm run by Lutnick’s own sons, raised $210 million for a partner in the deal and pocketed the fees. The fathers set the policy. The sons cashed in. Six days after the Trump sons and their partners moved their money, Lutnick signed the final deal. The reporting found one or both families have financial ties to at least 14 companies working with the government on critical mining deals. The total federal funding flowing toward those companies tops $8.9 billion. This is your tax money. It is supposed to secure our supply chains and protect our troops, not pad the portfolios of the President’s children and the Commerce Secretary’s children. This is the most corrupt administration in American history. It is not close. We must keep digging, and keep asking the questions they do not want asked. Republicans in Congress are unwilling to lift a finger. Mike Johnson is running a protection racket. Either we will end the corruption, or the corruption will be the end of us. google.com/url?q=https://www…

Can California's landback policy undo many years of harm to Native nations in California? hcn.org/issues/58-11/what-ca…

Stewart Johnston confirms that Quebec City is the frontrunner to land the next CFL franchise 👀⚜️

Bad news for Hollywood: The push for federal production tax credit legislation has hit a wall, dimming hopes for passage during Congress’ lame-duck session. That’s despite Trump’s backing and bipartisan support. Lawmakers and Hollywood insiders weigh in: politico.com/news/2026/11/13…

Bradley Cooper says moving to Los Angeles after getting hired by J.J. Abrams left him so deeply depressed and isolated that even walking across the street to buy water felt overwhelming, until a simple hug on set finally reminded him how starved he was for human connection: Bradley Cooper: "When I went there, I got very depressed. I was like, this is high school all over again." Joe Rogan: "Me too. That's exactly how I felt." Bradley Cooper: "I was like, what the, I mean, I went to grad school, I'm in New York City, there's guys that I can relate to and talk about movies. I was in heaven. Then I get this job that I think is going to be the holy grail, and I'm miserable. Living in the first floor of this woman's house, just like it was crazy. I was like, I didn't know I could be this depressed. I mean, depressed like I need water and like the idea of going to the Rite Aid on Sunset and Fairfax was like too much." Joe Rogan: "Yeah. And that was rough. It's depressing. When you first go, especially when you're in that cold weird environment of people." Bradley Cooper: "Yeah, and I was on a show that was awesome and everybody's exploding and like, no one, it was like, who's this guy? So that not only that I'm there and everybody's like, you know, I'm just like, you know, a ghost." Joe Rogan: "Right, right." Bradley Cooper: "So, there's that, so your insecurity is just, you know, astronomical. It was for me, it was also one of the first times that I ever moved somewhere where I didn't know anyone. I knew nobody. J.J. Abrams hired me and then Berkey, this guy was the only guy that I knew that he introduced me to, and then I met Jennifer Garner was like the second person I met and then, yeah, I didn't know anybody. It's weird." Joe Rogan: "Yeah. I remember I was on the set of the show. Brian Klugman, I didn't know that guy who's like one of my best friends. You know Brian Klugman?" Bradley Cooper: "No, I know who he is, though." Joe Rogan: "Yeah, we grew up since we were like nine. I was on the set of the show and a girl gave me a hug. And I realized no one had touched me in weeks. And the hug she gave me, I was like, oh. It was like my battery got recharged. Like, I didn't realize I needed a hug. You know people say, do you need a hug? Like, I never thought like, nobody needs a hug. No, I fucking needed a hug. I got it. It's just the way it goes."

Stephen A. Smith wants his daughter to get her first paycheck before supporting Zohran Mamdani Stephen A. Smith: “My daughter loves Mamdani. And I know exactly why, ‘cause she ain’t pay a damn bill yet.” Trevor Noah: “I knew you were gonna say that.” Stephen A. Smith: “She ain’t pay a damn bill. Let me tell you, she’s about to turn 18. And when that happens, fellas, she’s going to have a job. I don’t give a damn if it’s for a month. ’Cause I want to see her face when she sees that check.” “I’m going to make sure she’s working in New York. I want to see the check. You know what I’m saying? When you went to work thinking that this is the money that you were earning, and then the check comes home and more than half your shit is missing.” “I want to see what you say then. Yeah, Nyla, I’m talking about you. I can’t wait because I ain’t having it.”

OPINION | King Charles likely knew what was coming with Thomas Markle and welcomed Harry and Meghan back anyway. Now his reign looks like a squalid episode of “Jerry Springer,” writes Tom Sykes. thedailybeast.com/the-king-l…

Arkansas Bar official Nancie Givens charged with 64 felonies for altering Bar Exam scores, and deleting thousands of files to hide her crimes. Prosecutors noted she added scores to White test takers and took points away from Black attorneys, causing at least one to fail. xitter.gq/Newsforce/status/21185…

Eccentric and overhyped, the Cybertruck became a kind of automotive stand-in for Musk himself amid his political ascent. Like so many of his projects, it was massively promoted, heavily delayed, and ultimately fell short: Musk once predicted he could sell 250,000 a year (apnews.com/article/cybertruc…)but ultimately sold 70,000 in three years (qz.com/tesla-cybertruck-prod…), losing $1.9bn in the process, according to Quartz. theguardian.com/technology/n…

🚨 Another major scandal is coming out of NVIDIA. And this one has nothing to do with Jensen Huang's affairs. According to a Wall Street Journal report, Nvidia was offering billions in financial guarantees to AI companies that could not afford its chips, so they could keep buying them. Some of these deals were being pushed by Jensen's own son-in-law, Nico Caprez, who became a vice president in January. His team was telling small cloud companies and data center builders that Nvidia could arrange credit support for them within a couple of weeks. The goal was simple: turn them into long term buyers of Nvidia GPUs. And the size of Nvidia's commitments has exploded. Its own filing shows $530 BILLION in commitments and guarantees, up from $184 billion just one quarter earlier. Inside the company, CFO Colette Kress was raising concerns. She kept asking how these guarantees were priced and what Nvidia was really getting back. In an August meeting, Jensen cut her off and called her "a deer in the headlights." She was also the one who cut Nvidia's guarantee on OpenAI's Ohio data center from $250 billion to $105 billion. Now Jensen is gone, and the CFO who questioned these deals is running Nvidia. To understand why this is a big deal, you need to understand the AI funding loop. Here is how it works: 1. Nvidia puts money into an AI company, or guarantees its loans and leases. 2. That company uses the money and credit to build a data center. 3. The data center is filled with Nvidia GPUs. 4. Nvidia reports those GPU sales as revenue. 5. If the company cannot rent out all its computing power, Nvidia agrees to buy the unused part. SO NVIDIA IS THE INVESTOR, THE LENDER, THE SUPPLIER AND THE BACKUP CUSTOMER, ALL IN THE SAME DEAL. The money goes out of Nvidia and comes back to Nvidia as sales. CoreWeave is the clearest example. Nvidia owns a stake in it, sells it chips, and agreed to buy up to $6.3 billion of its unused computing capacity through 2032. OpenAI is the biggest. Nvidia is guaranteeing up to $105 billion for its Ohio data center, supplying all the chips inside it, and invested $1.5 billion in the company building it. Nvidia's own filing for the quarter ending July 26 shows where the money is tied up: • Supply commitments for memory and chip wafers: $279 BILLION, up from $119 billion. • Guarantee on the OpenAI Ohio data center: up to $105 BILLION. • Deals to buy unused cloud capacity from neoclouds: $36 BILLION. Nvidia's actual liabilities on its balance sheet: $91 BILLION. That means the commitments outside the balance sheet are almost 6 times bigger than the debts on it. Nvidia does not lose this money unless something breaks. A guarantee only costs Nvidia if a customer cannot pay. But this is where it gets uncomfortable. The WSJ says Jensen himself had started to panic. He warned executives that the biggest cloud companies were moving to their own chips to depend less on Nvidia. At the same time, the wafers and memory Nvidia had committed to buy were coming at him like an "avalanche." So the biggest customers were trying to leave, Nvidia was locked into buying huge amounts of supply, and smaller customers were being kept alive with Nvidia's credit. And things were already starting to crack: • Nvidia paused some of its financing deals in August. • Nearly half of the $80 billion in data center bonds issued this year were rated junk. • Neocloud stocks crashed this week, with Nebius down over 20% and CoreWeave down 17% at the lows. • OpenAI raised less than it wanted, at a lower valuation. And now Kress is the one deciding whether this continues. If she pulls back on the financing, the companies that depended on Nvidia's money will have to borrow elsewhere, in a debt market that is already nervous. If they cannot, they stop buying chips. And if they stop buying chips, Nvidia's revenue drops. That is the risk of a loop. It works perfectly when money keeps flowing, and it hurts on the way down.

His pain is visible. I don’t have words for it, but we knew all along that Kushner didn’t care about Ukrainians. 💔

The Real Reason Producers Are Fleeing California hollywoodreporter.com/busine…

‘Ebenezer’ Review: Johnny Depp Is Absolutely Insufferable in a Dull and Dreary Christmas Carol indiewire.com/criticism/movi… via @IndieWire

Elliotte Friedman - 32T - Hellebuyck Full Storyline (Warning: Sorry, long report) | When Hellebuyck initially told the Jets he wanted to be traded, he said, I want to be traded to Florida. And it was about the direction of the team. [...] The incident or incidents that bothered him didn't come up. Then eventually he moved from one team because the Jets didn't like what the Panthers were offering to open his list. [...] But again, whatever bothered him didn't come up. Later, when things weren't going the way that he wanted them to go and he hadn't been traded yet, that's when he brought it up. [...] In Hellebuyck's mind, he was like, I'm not bringing my family into this, [...] I want to protect my family. [...] But on the other side, there's the Jets. And they're like, really? Now? You're telling us this now, months later? And they were skeptical about it. They were like, now you're just bringing other things into it that you didn't tell us before. So in Hellebuyck's mind, he was doing the right thing and he was protecting his family. And he did want to be traded. The Jets were like, no, this isn't right. If this was really the issue, you should have told us that from the start. So this whole thing about what happened when and what really was a factor, that's why I think we got to that point. Hellebuyck wanted to leave it out and the Jets were upset it wasn't on the table from the beginning. And everybody out there can decide how they feel about that. It's pretty much over now, really. But that's what I think happened - 11/12 #GoJetsGo #NJDevils #NHL #FlaPanthers