“U.S. Olympic canoeist David ‘Davey’ Hearn pleaded not guilty at his arraignment Thursday in connection with alleged damage to the Lincoln Memorial Reflecting Pool. … He is among at least four people facing charges in connection with the alleged tampering of the pool, which President Donald Trump began renovating this spring. The U.S. attorney for the District of Columbia, Jeanine Pirro, alleges Hearn was seen ‘forcefully and violently pulling up and removing the bottom liner’ of the pool with both hands on June 19. Hearn’s legal team says he is innocent and calls the charges ‘outrageous.'” (07/09/26)
“People didn’t HAVE to read, they GOT to read. They did it ostentatiously and with zeal. And this habit lasted, in one form or another, until recently when reading for enjoyment started to tank. Blame the Internet and social media and our fractured attention span. Blame Oprah, who in her quest to ‘get people reading’ promoted one title and focused every English-speaking woman’s attention on it, to the exclusion of every other book on the planet. But the real culprit, if you ask me, is politics.” [editor’s note: Are people really “reading less?” Or are they just reading on screens instead of from books, just like people started reading from books instead of scrolls and scrolls instead of clay tablets? – TLK] (07/09/26)
“The European Commission is proposing tough measures to reduce imports from illegal Israeli [squats] in the West Bank, as part of options presented to national capitals this week. A paper from the EU’s executive branch, marked confidential and seen by POLITICO, states that ‘strengthened enforcement may reduce imports from [squats] channelled into the EU in violation of existing rules, without requiring new EU legal instruments.’ Among the ideas being considered are an import licensing system, whereby goods from illegal [squats] would need special permission to be exported to the bloc; tariffs targeting goods originating in the [squats]; or an outright ban on imports from illegal s[squats].” (07/09/26)
Source: Foundation for Economic Education
by Jake Scott
“The average Dutch gamer has lost €130 ($148). At least, that is a claim being made in the Hague by a foundation. On June 11, the Stichting Consumenten Competition Claims (SCCC), acting under the banner GameClaim on behalf of every Dutch personal computer (PC) gamer, filed a €220 million ($250 million) claim against the Valve Corporation, the business that operates the Steam gaming platform. The SCCC claims that roughly 2 million accounts have lost collectively those €220 million on the basis that the Valve Corporation commands some 85% of the market, and defends that position through Most-Favored-Nation clauses—terms that forbid developers from undercutting their Steam price on rival storefronts such as Epic Games Store (EGS).” (07/a09/26)
“Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges. Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the National Association of Realtors said Thursday. Sales rose 2.8% compared with June last year. The latest sales tally fell short of the roughly 4.21 million pace economists were expecting, according to FactSet. Home sales have been mostly hovering close to a 4-million annual pace going back to 2023, far short of the historic norm that is closer to 5.2-million. Sales have remained sluggish as mortgage rates have mostly trended higher in the months since the war between the U.S. and Iran started, fueling expectations of higher inflation amid surging crude oil prices. Still, mortgage rates remain below where they were a year ago.” (07/09/26)
