Friday: Three Morning Takes
they might not want beds / ipohmygod that’s a lot of money / not the breast strategy
PW Daily
May 22, 2026
They might not want beds
According to new reporting from City Journal, the national conversation on homelessness is even more dishonest than we thought. The RAND Corporation previously found that 41% of surveyed homeless people in LA were from elsewhere — then buried the finding in an appendix to its annual homelessness report. Rand told the Journal this was because of “a need to save costs on publishing.” Right. Regardless, wanting to recreate RAND’s study, the Journal reporters recently took to the streets. Among a larger sample size across the same neighborhoods RAND surveyed, 64% of respondents said they were from outside LA; 40% said they were from other states; some were obviously on drugs; and several noted they came to LA for the generous services. Perhaps Spencer Pratt is onto something when he suggests “forced treatment” and, you know, other violations of the progressive theory that we just need to keep spending billions on beds.
IPOhmygod that’s a lot of money
Wednesday, SpaceX filed its S-1 form with the SEC, the first step towards a June IPO. The 308-page document mentions SpaceX’s goal of “extend[ing] the light of consciousness to the stars” 10 times, and reveals that Anthropic is paying the company $1.25 billion per month for compute. Some X poasters are now malding about the “overpriced IPO,” as well as Elon having 85% control, and yeah… SpaceX is being offered at literally 133x revenue. But you aren’t just buying stock. You’re tying your cash to Musk’s vision for solving humanity’s greatest problem: we can’t build shit. His solution? Rockets, lunar factories, and orbital data centers to take humanity interplanetary and free us from our crippling Earthly bureaucracy. Crazy? Yes. But so were electric sports cars (up 32,662.89% since Tesla’s IPO). Either way, keep chimping out on X — your shitposts only generate more hype (and ad revenue) for my future investment, so thank you.
Not the breast strategy
Hooters, America’s favorite cleavage-branded restaurant, where waitresses dressed like Kristi Noem’s husband serve patrons breasts and thighs while flaunting breasts and thighs, may have fallen on hard times recently, filing for Chapter 11 bankruptcy last year amid declining sales… but new CEO Neil Kiefer has a plan to turn things around: take a page out of Elliot Page’s playbook and lose the tits. See, Kiefer believes that under private equity control, the franchise leaned too far into its sexual marketing. Now? The CEO wants to take Hooters back to its “family-friendly” (??) roots: “We’re getting back to what makes us a beach-themed restaurant as opposed to a girlie bar,” Kiefer recently told the NYT. And while I know desperate times call for desperate measures… “beach-themed restaurant”?! Literally nobody has ever called Hooters such a thing! The theme is boobs, buddy. Cover them up in a tropical hijab all you want, it’s not gonna magically save your business.
