“After a stinging but widely expected loss at the U.S. Supreme Court, President Trump pressed his enablers to search, once again, for some law he could use to justify imposing new tariff rates on dozens of countries, both friends and foes alike. Yet no Trump policy has been a bigger economic and political failure than his tariffs, alienating other countries, harming U.S. businesses and, most importantly, enraging American voters.” (08/04/26)
“Sen. Darline Graham (R-S.C.) on Monday broke with her brother, the late Sen. Lindsey Graham (R-S.C.), over abolishing the filibuster three weeks after stepping in to finish the rest of his term. … ]This is where I differ from my brother, getting rid of the filibuster to get this done. Because eventually the Democrats are going to get rid of it anyway,’ she added, in reference to how Republicans should handle passing legislation to change voter registration requirements. Earlier this year, Lindsey Graham said lawmakers could consider nuking the filibuster in the future but warned against it in the short term.” (08/04/26)
“The ideological tolerance gap on campus is shrinking, but not because students are becoming more open-minded. Rather, it appears they are becoming less tolerant across the board.” (08/05/26)
“Eric Peters from Eric Peters Autos joins me for our weekly debrief. No matter how crazy things may get or how ridiculous the things we’re expected to believe, we always have options.” (08/04/26)
“The so-called “anti-weaponization fund” established as part of a purported settlement between President Trump and the IRS isn’t dead, it’s just sleeping. Don’t be fooled by the weasel-worded statements that Acting Attorney General Todd Blanche posted on the Department of Justice website and tweeted out late Sunday night. They are clearly intended to give a false impression that a stake has finally been driven into the fund’s heart. It hasn’t. Blanche posted two written statements on Sunday night, one that he calls an ‘order’ and one that he calls an ‘update.’ Let’s look at each of them in turn.” (08/04/26)
“While SpaceX says there is a ‘significant’ amount of life left in its fleet of Crew Dragon spacecraft, the company has hedged on how long it will continue flying the spacecraft as it transitions to Starship. The upcoming Crew-13 mission to the International Space Station, scheduled for launch no earlier than Sept. 12, will be the second flight of this Crew Dragon spacecraft, called Grace, the newest of the fleet. Grace made its first flight last summer on the Ax-4 private astronaut mission to the ISS. Crew-13 will be SpaceX’s 18th human spaceflight mission to the ISS …. SpaceX does not plan to build additional Crew Dragon spacecraft beyond the five currently in service. While the spacecraft were originally certified for five missions each, the company has been working with NASA to extend the spacecraft lifetimes to up to 15 missions each.” (08/04/26)
Source: Foundation for Economic Education
by Mark Nayler
“In the run-up to the UK’s referendum on EU membership in June 2016, extravagant claims were made by both the Remain and Leave campaigns. Leaving the EU, the so-called Remainers warned, would propel the UK into recession and mass unemployment. Brexiteers, as they were dubbed, countered with promises of enhanced sovereignty, tighter borders, and liberation from Brussels’s stifling bureaucracy. The latter won the Brexit vote (as it came to be known) by 52% to 48%. But just over a decade on from that historic decision—and six and a half years since the UK officially left the bloc—it’s less clear whether they also won the argument.” (08/04/26)
“A New York law banning US Immigration and Customs Enforcement (ICE) [gang members] from wearing face coverings and requiring that they wear visible identification has been put on hold by a federal judge. But a state law prohibiting cooperation between local police departments and ICE has been allowed to stand. The mask ruling comes after federal judges have blocked similar laws in California, Virginia and Pennsylvania that sought to ban federal [gang members] from covering their faces. They are still required to wear agency [gang colors]. … The preliminary ruling means local police officers are blocked from arresting ICE [gang members] for covering their faces in public settings.” (08/04/26)
