“Rich and Riley discuss televised public executions, libertarian reputation ratings, and this HEADLINE: North Carolina Woman Doesn’t Have First Amendment Right to Publish Video of Cop Shooting Her Dogs, Court Rules.” (10/09/26)
Source: The American Conservative
by Philip Pilkington
“Treasury bonds are not just any old asset. For one, they are the debt of the U.S. government. If they become uninvestable, the capacity for Washington to live beyond its means through debt issuance is open to question. Treasuries are also the benchmark asset for the entire global dollar system that has allowed the U.S. to run enormous deficits for decades. If this asset starts ‘trading like a meme stock’ and generating awful returns, foreigners will opt for something else. … The Trump administration has become fixated on the Strait of Hormuz, seeing it as a decisive battlefield on which the U.S. can win the war. But the Strait is merely a means to an end. For Iran, that end is to slowly demolish the American economy and financial system until the pressure becomes too much and the U.S. backs off.” (10/09/26)
Our annual fundraiser had a “zero dollar day” yesterday.
We’re stuck (as of 5am Friday) at $245.50 versus our goal of $5,503 (with supporter GL’s “matching funds” offer, we only have to raise $2,751.50 from the rest of our readers).
PLEASE SUPPORT THE FREEDOM MOVEMENT’S DAILY NEWSPAPER!
“The Nobel Peace Prize for 2026 was awarded Friday to Navanethem ‘Navi’ Pillay, a South African human rights champion and judge on the International Criminal Court. The Nobel Committee said awarding the prestigious prize to someone on the ICC, which has faced huge pressure from the Trump administration, was a message to those who seek to undermine international justice. The South African-born former United Nations human rights chief, who is 85 years old, was recognized for her efforts to promote peace and international law, said Jørgen Watne Frydnes, chair of the Norwegian Nobel Committee. ‘This is definitely a message to those who are undermining the international system and institutions,’ Frydnes said.” (10/09/26)
Source: The Daily Economy
by Caleb S Fuller & Scott Burns
“Trump’s ‘Economic D-Day’ against Iran bears an uncanny resemblance to his ‘Liberation Day’ strategy for America. Both rely on the same basic mechanism: restricting trade. Yet Trump assures us they will produce opposite results. For Americans, trade restrictions will bring economic revival; for Iran, they will bring economic ruin. You don’t need a PhD in economics — or any degree at all — to spot the contradiction. The renowned American economist Henry George — a middle school dropout who taught himself economics — exposed the paradox of protectionism in 1886: ‘What protection teaches us is to do to ourselves in time of peace what enemies seek to do to us in time of war.'” (10/08/26)
“A Russian-guided bomb exploded next to public buses filled with passengers in eastern Ukraine, authorities said Thursday, killing 30 people as part of a wave of attacks that also worsened power outages in the capital. … Thursday’s attack followed a Russian missile strike a day earlier that killed 22, including five children, in the northern Ukrainian town of Pryluky. Rescuers were searching the rubble of a residential building. At least 54 people were wounded. Several survivors slept in heavily damaged apartments because they couldn’t find anywhere else to stay. … Ukraine’s energy company DTEK said national grid operator Ukrenergo had ordered emergency power outages in Kyiv. Regular, rolling outages that occur on a schedule across the country will be halted during these shutdowns.” (10/08/26)
“No doubt, the military must be vigilant in protecting personnel and equipment from threats, especially those assessed as significant and imminent. Yet who imagined that the Pentagon would believe itself unable to protect aircraft based in the UK from Iran? What if America was battling Russia—would the administration also withdraw its bombers from the UK? Withdraw all planes from all Europe? Empty its bases in Asia and the Middle East as well? … The president, as well as other leading policymakers in Washington, should treat the threat to America’s overextended military as an opportunity. Time is long past for retrenchment, winding down a global presence that no longer serves serious, let alone vital, American interests.” (10/08/26)
“A US Immigration and Customs Enforcement (ICE) [gang member] shot and injured a man in New York City on Thursday afternoon during an [abduction] operation, federal officials said. The man was conscious and hospitalized, authorities said, and the shooting quickly sparked angry protests from local residents and elected officials in the neighborhood. Early reports indicated that [gang members] had surrounded the man and a five-year-old child in his car in a residential area before firing multiple rounds, the city’s mayor, Zohran Mamdani, said in a statement on Thursday evening. The child was physically unharmed, he said.” (10/08/26)
“With great fanfare, President Donald Trump announced last week that ‘the largest steel plant ever built in the United States’ would be coming to Lee County, Iowa, adding that Mesabi Metallics’[s] $15 billion investment in a pivotal midterm swing state proved his ‘powerful 50% tariffs’ were working. He’s right: The announcement is a tangible result of American steel policy — but, contrary to what the president said, that’s not a good thing. Start with the project’s real price tag. Thanks to tariffs and other trade restrictions, US steel prices are among the highest in the world …. Because steel-consuming industries greatly outnumber steelmakers in the US, studies have repeatedly shown that steel tariffs, whether imposed by Trump in 2018 or George W. Bush in 2002, caused a net reduction in US manufacturing output and employment — effects that, in the latter case, persisted for years after the levies were lifted.” (10/08/26)