American Conservative: Don’t Do It, Mr. President
U.S.-led regime change in Venezuela would worsen the problems Trump promised to fix.
Notes in the Margin
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The Federal Reserve cuts the target interest rate by 25 bp
"the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent."
Javier Milei’s party wins mid-term elections
Milei's party won pluralities nationwide: “we will have 101 deputies instead of 37,” said Milei. “...in the Senate, we will go from 6 senators to 20."
U.S. Treasury Yields Signal Fed Rate-Cut Expectations
Markets price in a near 97% probability of a 25-bp rate cut in Oct and a 94% probability of another 25-basis-point rate cut in Dec.
Trump calls off trade talks with Canada over Ontario’s anti-tariff ad
Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials.
2 percent inflation? 2026 COLA benefit increases 2.8%
The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said.
Can Trump murder anyone so long as Trump calls him/her a “narco-terrorist”?
Napolitano: "The Trump administration has claimed that it can kill whomever it designates as an unlawful enemy combatant. The evidence is this: "trust me, bro."
US Considering a Plan To Split Gaza into Two
One area would be controlled by Hamas and the other controlled by the Israeli military.
Will Trump End Sham Democracy Promotions?
The rollback of U.S. meddling in "promoting democracy" is perhaps the most positive foreign-policy reform of the Trump presidency. Column by James Bovard.
If We Measured the Economy by Quality-of-Life Instead of GDP, We’d Be In a Depression
The obsession with measuring aggregate GDP obscures how the real standard of living for many people has declined.
