1776 in the US and Latin America

Source: EconLog
by Constanza Mazzina

“We are approaching the 250th anniversary of the United States’ Declaration of Independence on July 4th, 1776. However, that same year carries a different meaning in Latin America. Rather than the beginning of a system based on limits to power and individual freedom in the United States, 1776 represented a major turning point in the opposite direction for Latin America.” (06/30/26)

https://www.econlib.org/econlog/1776-in-the-us-and-latin-america

The Islamabad Memorandum and the Decline of the Paradigm of Absolute Victory

Source: Antiwar.com
by Timothy Hopper

“Almost every war produces the same immediate question: who won? Yet the more consequential question is whether either side can convert battlefield pressure into a political order it can sustain. The Islamabad Memorandum, signed by the United States and Iran on June 17, brings that distinction into sharp relief. It is a 60-day framework linking an end to military operations and navigation through the Strait of Hormuz to negotiations over sanctions, Iran’s nuclear program, and a broader political settlement. Its importance lies less in the document’s promises than in the reality that produced it: neither Washington nor Tehran could credibly claim that continuing the war would deliver the political outcome each sought.” (06/30/26)

https://original.antiwar.com/timothy_hopper/2026/06/29/the-islamabad-memorandum-and-the-decline-of-the-paradigm-of-absolute-victory/

The Supreme Court just handed the president even more power

Source: Los Angeles Times
by Erwin Chemerinsky

“In a stunning expansion of presidential powers, the Supreme Court on Monday overruled a 90-year-old precedent and held that Congress cannot limit the president’s removal of federal agency heads. The ruling in Trump vs. Slaughter is a major diminishing of checks and balances and again shows the six conservative justices’ disregard for even long-standing precedents.” (06/30/26)

https://archive.is/Q8Dg5

FBI: “Jackpotting” crew stole over $500,000 from ATMs

Source: NBC News

“The FBI in Connecticut said it arrested four men accused of stealing tens of thousands at a time from ATMs at rest stops along I-95 from Darien to New Haven. … Law enforcement officials alleged they used hardware and malware to get the machines to churn out endless streams of cash. At a northbound rest stop in Fairfield, prosecutors said, the men made off with $136,000 in one haul.” (06/29/26)

https://www.nbcnews.com/news/us-news/jackpotting-crew-stole-500000-atms-95-connecticut-fbi-says-rcna352346

Federal ROAD to Housing Act Won’t Solve the Housing Affordability Crisis

Source: Independent Institute
by Samuel R Staley

“The U.S. Senate version of the 21st Century ROAD to Housing Act, now going the U.S. House of Representatives for approval, is a mixed brew of a few good ideas and a potentially dangerous regulatory drag for local governments. Sprawling through 100 sections and 9 major titles over 381 pages of legislation, the legislation’s core intent is laudable: Fix America’s housing affordability crisis by increasing supply. But, like most federal (and state-level) initiatives, the legislation fails to grasp the localized and fundamentally decentralized nature of the solution. Policymakers have created square pegs for a playbook full of round holes.” (06/29/26)

https://www.independent.org/article/2026/06/29/federal-road-to-housing-act-wont-solve-the-housing-affordability-crisis/

The American Revolution Was So Much Weirder Than You Think

Source: The Bulwark
by Nicole Penn

“When the revolutionaries enshrined ‘life, liberty, and the pursuit of happiness’ as unalienable rights, they created the conditions for a remarkable array of political and civic institutions to emerge that gave specific meaning and shape to these freedoms. But freedom is always wont to seep out of its various containers. The world the Revolution created was certainly one of state and federal constitutions, organized religion, voluntary associations, and material progress, but it was also one of miracles, syncretic beliefs, conspiratorial thinking, and the magic of crowds. The Revolution was, in a word, weird.” (06/30/26)

https://www.thebulwark.com/p/the-american-revolution-was-so-much-weirder-than-you-think-250