“Minor adjustments cannot fix a pay-as-you-go system strained by demographic reality. Restoring solvency demands structural changes that emphasize ownership.” (02/27/26)
“At the moment, corruption investigations and trials of political figures are taking place in jurisdictions around the U.S. including Hawaii, Mississippi, and Washington, D.C. These aren’t isolated scandals; the latest edition of an international corruption index finds corruption worsening globally, with the United States earning its worst score to date. Given that corruption involves government officials peddling favors for compensation, it shouldn’t be surprising that evidence suggests the solution lies in reducing the power and role of the state.” (02/27/26)
“The rampant fraud uncovered in the state of Minnesota has shocked America and ended the political career of Gov. Tim Walz. Yet as I told Attorney General Pam Bondi at a recent House Judiciary Committee hearing, the fraud in Minnesota pales in comparison to what taxpayers have suffered in California. California is undoubtedly the Fraud Capital of America. Here’s what we already know: The state allowed an estimated $32 billion in unemployment fraud during the COVID years, far more than any state, after ignoring ‘repeated warnings’. Perhaps more stunningly, the state auditor recently found unemployment fraud is still costing the state billions. Incidentally, in part because of this staggering fraud, California was forced to take out a $20 billion loan from the federal government to shore up its unemployment benefits. The state then defaulted on the loan – the only state to do so – triggering an automatic tax increase on employers.” (02/27/26)
“Anyone who is more than a casual user of Microsoft Word understands that there are fundamental bugs in the core of the program that have existed since almost the very first version and have never been fixed in almost 30 years. … Everyone knows these problems exist. Presumably they are fixable with some amount of effort. But they are not fixed. Instead, release after new release in Word trumpets new niche functionality without ever focusing on the core functionality. … My fear is that AI companies are doing the same thing. New features and capabilities of the major AI models are impressive. But at their core, at least for researching and writing, they still have the critical, fatal flaw of hallucinations.” (02/27/26)
“Tech sovereignty is the new buzzword in Europe as the scale of the continent’s dependence on U.S. tech companies dawns upon its leaders. Europeans are worried that U.S. President Donald Trump, who has exploited trade and defense dependencies, may weaponize tech next— threatening to disrupt or cut off digital services, for example—to extract concessions. None of the researchers, European officials, and experts that Foreign Policy spoke with deemed that possibility to be overly far-fetched. The European Union has thus begun its tech decoupling from the United States. It will take time, money, and consistent cooperation by EU members who are often split—which means the outcome remains uncertain.” (02/27/26)
“From Prague to Hanoi, from Warsaw to Addis Ababa, the twentieth century bore witness to the same grim experiment repeated across continents: the centralisation of economic life, the suppression of prices, the abolition of private enterprise in the name of collective salvation. And in nearly every case, the experiment eventually ended, sometimes through the convulsions of revolution, sometimes through the quieter capitulation of reform. The queues shortened; the lights came back on; the paperwork of survival gave way, slowly, to something resembling ordinary commerce. And Cuba? Well, Cuba alone remains: a living museum of twentieth-century ideology, where the exhibits still breathe and queue for bread. What was elsewhere a painful chapter has here become the entire book, its pages still being written in darkness.” (02/27/26)
“U.S. immigration policy and NATO commitments have a lot in common. “Gonzo governance” describes a style of political rule that delegitimizes social institutions in favor of leadership promoting the politics of fear that is chaotic, personality-driven, spectacle-oriented, and often indifferent to conventional standards of objectivity or institutional restraint. The term draws loosely from Hunter S. Thompson’s immersive, boundary-blurring reporting style that mixed fact, interpretation, and theatricality. In governance, however, this aesthetic becomes consequential when fueled by social media. It can create a climate in which disruption itself is the governing method. When paired with gaslighting—a psychological tactic in which people are made to doubt their own perceptions of reality—the result is a powerful and destabilizing political dynamic.” (02/27/26)