“Historically speaking, Uncle Sam isn’t very good at managing money. Because the politicians and bureaucrats who run the U.S. government aren’t good at managing money, they’ve opened the door to massive losses through fraud. In 2024, the GAO estimated that from 2018 through 2022, the U.S. government lost between $233 billion and $512 billion dollars per year to fraudsters. These are not small amounts of money. … If fraud comes in at the low end of the GAO’s estimates, it would reduce the federal deficit by 12.5%. At the high end, it would reduce the U.S. government’s budget deficit by 28%. Either way, reducing its fraud losses to zero would not be enough to eliminate 2026’s budget deficit.” (08/05/26)
“What economists have argued for generations is now reflected in public opinion: Americans see free trade as the better alternative to protectionism.” (08/05/26)
“The administration of United States President Donald Trump has announced it will offer up to $102m in rewards for information leading to the arrest or conviction of leaders from the Jalisco New Generation Cartel (CJNG), a criminal organisation based in Mexico. … The largest reward in Wednesday’s announcement was offered for information leading to the capture of the CJNG’s new leader, Juan Carlos Gonzalez, also known as ‘Pelon’. Gonzalez, a dual Mexican and US citizen, is believed to have taken control of the cartel after the death of its former leader, Nemesio Ruben Oseguera Cervantes, also known as ‘El Mencho’. Gonzalez is his stepson.” (08/05/26)
“As his war in Iran has imploded, his poll numbers have plummeted, the U.S. economy has cratered, and he finds himself in the grip of a steep cognitive decline, President Donald Trump has increasingly lashed out, calling for cataclysm, slaughter, and even genocide. As he tries desperately, if ham-handedly, to extricate himself from a losing war, the commander-in-chief of the world’s most destructive military offers up deranged rants, baying for blood and issuing orders that throw the concept of proportionality in warfare out the window. Trump’s bloodthirsty rhetoric has been borne out in asymmetrical slaughter, with Iranian fatalities exceeding American deaths by multiple orders of magnitude. And this follows similarly lopsided casualty tolls in Trump’s conflicts in Somalia, Venezuela, Yemen, and on the high seas.” (08/05/26)
“The U.S. Senate voted Wednesday to confirm Dr. Erica Schwartz as the leader of the Centers for Disease Control and Prevention, finally installing a new director for the agency after nearly a year. Schwartz was deputy surgeon general during President Donald Trump’s first term. She is a retired U.S. Coast Guard officer and Navy physician. The vote Wednesday was 51-44, mostly along party lines, NBC News reported. Sen.Tim Kaine, D-Va., voted with Republicans to approve Schwartz.” (08/05/26)
“It is individuals who make moral choices. Even if they have been brainwashed by society, schools, or even parents, it is still ultimately their choice whether to act or refuse to act. Even if they are enslaved, assured of several punishment for disobeying their master(s), it is still a personal, individual decision. Organizations, even governments, have no morals of their own.” (08/05/26)
“Rescuers worked on Thursday to douse fires and clear debris in Ukraine’s eastern city of Balakliia after Russian strikes on homes killed three overnight, authorities said on the Telegram messaging app. Three people were also killed overnight and at least 19 wounded in Russian attacks on settlements in the northern region of Sumy. … Both Russia and Ukraine deny targeting civilians in the war triggered by Russia’s invasion of Ukraine in February 2022.” (08/06/26)
