“Bay Area tech giant Oracle may have to pay billions to a Wisconsin utilities company over a massive data center campus being built in partnership with OpenAI. In April, the Public Service Commission of Wisconsin finalized revised energy tariffs set by its largest utility provider, We Energies. The rules, meant to protect utility customers from rising costs amid a nationwide boom in controversial data center construction, require large energy consumers to post collateral if their credit rating is too low. The new tariffs are now hitting Oracle following S&P Global’s downgrade of the company’s credit rating on July 9 over its artificial intelligence ventures, describing them as ‘increasing its overall credit risk.'” (07/21/26)
“I’ve often used the term ‘social panic’ to describe the unmarked-graves claims that swept through Canada in 2021. For reasons described below, the term feels inadequate. But I can’t think of any word or phrase that better captures the spasm of manic self-denigration that unfolded following the purported discovery of 215 dead children (some ‘believed to be as young as three years old,’ gullible reporters told us) on the grounds of a former Indigenous residential school in Kamloops, British Columbia. … It would take months, or even years in many cases, before mainstream media outlets began admitting—tacitly or otherwise—that they’d been duped by Casimir’s fake news (as the Globe & Mail newspaper finally did last month). Despite the passage of five years since the original announcement, many public figures, including former prime minister Justin Trudeau, have never come clean on the issue.” (07/21/26)
“The stench arising from the proposed purchase of Warner Bros. Discovery by Paramount isn’t just the concentration of market power by the merged studios nor the likely takeover of CNN by President Trump’s fanboys. It’s also the fact that the purchase is funded by investments from the sovereign wealth funds of three foreign nations, none of which are in any way, shape, or form democracies: Saudi Arabia, Abu Dhabi, and Qatar. … the purchase of Warner Bros. by foreign nations has not been investigated by the governmental body that customarily handles such matters: the Committee on Foreign Investment in the United States (CFIUS) …. But the most glaring absence from these duties isn’t CFIUS’s. It’s that of the far-right Republican elected officials who’ve sought to generate and mobilize anti-Muslim bigotry by campaigning against the completely nonexistent threat of Sharia law infiltrating and overtaking American jurisprudence.” (07/21/26)
“Indian opposition leader Rahul Gandhi has been released after he was detained during growing protests over the education system. This comes as opposition parties staged a protest at parliament on Wednesday demanding the resignation of India’s education minister, echoing the demands of student demonstrators. The protests, which have been led predominantly by students and a social media-driven movement, the Cockroach Janta Party (CJP), have emerged as one of the biggest challenges to Prime Minister Narendra Modi’s government. Protesters have called for the resignation of Modi and Education Minister Dharmendra Pradhan after a leak of medical school test papers forced more than two million medical students to retake their exams and was linked to at least 12 student suicides. Gandhi and other opposition leaders were detained on Tuesday during a sit-in outside Modi’s residence in New Delhi while accusing the government of ignoring student demands.” (07/22/26)
Source: Independent Institute
by Daniel Sánchez-Piñol
“Every catastrophic wildfire cocktail requires the same dangerous mix: an ignition source, abundant fuel, and people or property in harm’s way. California has long had the perfect blend of these ingredients. Since the devastating Los Angeles wildfires of 2025, the state has taken steps to dilute this dangerous mix, but it remains far too potent. To understand why, consider the 2025 Eaton Fire, the second most destructive wildfire in California history.” (07/22/26)
Source: The American Conservative
by Charles Benoit
“Earlier this month, Bloomberg published a brutal autopsy of industrial policy gone wrong. The article documented how, beginning in 2020, the U.S. government provided $850 million to six American companies to bolster domestic manufacturing of nitrile gloves, a critical component of the medical supply chain. Six years later, not one of those companies is making gloves. … The company that received the most funding, Blue Star NBR out of Wytheville, Virginia, was supposed to use that money to build the first American plant in a generation capable of making nitrile butadiene rubber (NBR)—the raw material every nitrile glove is made of. It never produced a single batch. Its CEO said he is a month from selling the plant for parts, most of which will go to manufacturers based in China. To put it bluntly: American taxpayers built a synthetic rubber plant, and China may now cart it off in crates.” (07/21/26)
“Defense Secretary Pete Hegseth said Tuesday the U.S. war against Iran has cost $37.5 billion, so far, as he is facing questions and protests at a Senate hearing ahead of a $95 billion GOP budget package to fund the military, along with aid to farmers and voting law changes that are top White House priorities. Hegseth provided the new estimate, up from earlier accounts, during testmnony before the Senate Appropriations Committee. … Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, and Agriculture Secretary Brooke Rollins are also testifying before the panel. … War funding makes up the bulk of the GOP’s new budget proposal, one last priority package the Republicans hope to launch before lawmakers recess to campaign for the midterm elections that will determine control of Congress.” (07/21/26)
“Tariff supporters try to sell their desired tax increases on American consumers as ‘retaliation’ against other regimes for ‘unfair’ treatment of goods made by American workers and exported by American companies. Odd form of retaliation, that — ‘you’re hurting YOUR people … fine, we’ll hurt OUR people — that’ll show YOU!’ And for for the most part, those other regimes aren’t the manufacturers of or buyers of those exports/imports, any more than the US regime is the manufacturer or buyer of whatever the company you work for happens to export or the imported goods you choose to buy. So no, tariffs aren’t ‘retaliation’ for ‘unfairness.’ What are they, then? They’re a way of protecting politicians’ domestic business cronies from competition, at the expense of domestic consumers.” (07/21/26)
