“The Supreme Court ruled Friday that President Trump’s sprawling ballroom project can proceed for now, despite a lower court’s ruling that halted the administration’s plans. The decision is a major win for the administration, which has argued that demolishing the White House’s East Wing and building the ballroom are necessary for security. In a brief order, Chief Justice John Roberts paused the halt the D.C. District Court put on construction while the court weighs his request. It did not address the legality of Trump’s project or give a timeline for when the court will weigh in.” (08/21/26)
Source: The American Conservative
by Leonid Ragozin
“As the liberal Yabloko party got dropped from the ballot, a chorus of analysts came up with predictable claims that Putin increasingly fears his own people. Ukrainian deep strikes and Western sanctions, the story goes, have forced him to tighten the screws to try to prevent social unrest. Also predictably, another story in the hackneyed ‘Russia is finished’ genre is making headlines: Russia’s major state-run bank VEB has fired its chief economist Andrey Klepach for making dark predictions of the country’s future. One can only pity the professional doomsayers for the shortage of really inspiring stories as they try—for the umpteenth time—to sell the idea that Ukraine should suffer for just a little while longer in hopes of Russian collapse.” (08/21/26)
“Two Hong Kong activists who organised annual vigils to commemorate the 1989 Tiananmen Square crackdown have been found guilty of inciting others to subvert state power under the city’s controversial national security [sic] law. Lee Cheuk-yan, 69, and Chow Hang-tung, 41, face a maximum penalty of 10 years in prison after being convicted under the China-introduced law. Sentencing is expected at a later date. A third defendant, Albert Ho, 74, pleaded guilty in January. Lee and Chow ‘incited other persons to organise, plan, commit or participate in acts by unlawful means with a view to subverting the state power’, according to a summary on Friday. Chow told the court in May the law itself was on trial.” (08/21/26)
Source: Foundation for Economic Education
by Ryan Devine
“Azalea Fresh Market opened last September to address a growing demand for a grocery store in downtown Atlanta. Its opening was the result of a partnership between the City of Atlanta, the Independent Grocers Alliance, and a successful local mini-grocery store chain, Savi Provisions. With no major grocery company inclined to open a location in the downtown area, the City of Atlanta managed to contribute roughly $8 million in cash, loans, and grants to provide the infrastructure needed to help open the business …. Given the intent behind the establishment of this store, it’s difficult to imagine why it’s gaining so much praise from advocates for Zohran Mamdani’s proposed government-owned markets. Mamdani’s goal isn’t to target food deserts; he aims to outprice private grocers in areas where supply is abundant because he’s convinced that businesses are price-gouging consumers.” (08/20/26)
“Bitcoin rose above $77,000 in European morning hours on Friday as it advanced for a fifth straight day. The largest cryptocurrency is up about 8% in 24 hours and 22% over the week. Short sellers took another beating, as roughly $1.2 billion of short positions were liquidated over 24 hours out of $1.4 billion in total, across 156,211 traders, CoinGlass data show. … Bitcoin’s market value now stands at $1.5 trillion, still some 40% below the record above $126,000 set last October.” (08/21/26)
“Over the course of Scott’s relatively short career in the US Senate — he took office in 2019 and is now in his second term — he’s voted for trillions of dollars in deficit spending, especially military spending. Since Scott took office, the US government’s debt has gone from $16 trillion to $40 trillion. His party has controlled the US Senate throughout his tenure, and the House of Representatives for about half of that tenure. Not one thin dime gets borrowed or spent unless the both the House and Senate pass a bill, and the margins are often close enough that one or two votes — including Scott’s — decide the outcome. Scott’s perennial ‘someone should do something!’ tweets on the debt might be good politics, but even a cursory look at his actions demonstrates that he’s someone NOT doing something.” (08/20/26)
“A border crossing with Moldova in Ukraine’s southern Odesa region was damaged by Russian drones overnight, the State Border Guard Service of Ukraine said in a statement on Friday morning. Traffic through the Tabaky checkpoint has been suspended and diverted to other crossings, the border service said on Telegram. Moldovan authorities in Chișinău have been informed, the statement added. The announcement comes a day after a Romanian F-16 fighter jet destroyed an explosive-laden maritime drone close to Europe’s largest offshore gas project, hours after another drone entered the NATO member’s airspace and crashed near the Ukrainian border. … Some European officials described the incidents as Moscow testing NATO’s response, which raised questions about how prepared the alliance is against potential threats from Russia.” (08/21/26)
Source: Future of Freedom Foundation
by Jacob G Hornberger
“One of the fundamental differences between libertarians and conservatives pertains to the concepts of morality, responsibility, and freedom. Conservatives are wrong and libertarians are right on this issue. Conservatives hold that before people can be permitted to be free, they have to be moral and responsible. … Libertarianism holds that people have the right to be free regardless of whether they are sufficiently moral or responsible. Freedom is a natural, God-given right. … It is only through freedom that people can become moral or responsible. The conscience is like a muscle—it must be constantly exercised to be strengthened.” (08/20/26)
