“Basic economics makes psychologically normal humans angry and disgusted. Usually mildly, but the uglier the economic lesson, the more extreme the anger and disgust become. … They don’t think very carefully, but they still have strong opinions against, say, letting developers buy up townhomes in San Francisco to replace them with skyscrapers. Which is very weird. Why would anyone have strong opinions about issues they haven’t thought about very carefully? Because they’re relying on emotion instead!” (05/18/26)
“The president’s rhetorical style, heard most recently on his mid-May trip to China, is explained by political allies as part of Trump’s strategic approach and criticized by his opponents as the dangerous musings of an unstable leader. In either case – whether it’s Trump’s defenders or detractors – it is increasingly difficult to ascertain whether the language of the president signals actual policy positions from the White House. If the words of the American president no longer function as reliable indicators of U.S. foreign policy, where can the public, U.S. allies and America’s adversaries look to better understand the administration’s geopolitical priorities? One answer may be found by examining the words of key Cabinet members.” (05/18/26)
Source: Philadelphia Inquirer
by Tom Corbett & Bob Cindrich
“A judiciary that cannot operate without intimidation is not fully independent. A country that cannot accept lawful judicial outcomes will not continue to be governed by law.” (05/18/26)
Source: Ludwig von Mises Institute
by George Ford Smith
“In 2000, the world braced for Y2K. It came with a date and a remedy. There was panic about doomsday but as I and other programmers stretched the year field from two to four characters, apart from scattered hiccups, the lights stayed on. Everything about Y2K was known — the problem, the solution, and the deadline. Q-Day is something else entirely. Q-Day is shorthand for the moment when quantum computing crosses a line we assumed would hold — when the mathematics that secures modern life can be broken, and broken quickly. On Q-Day the locks will be quietly and rapidly picked. And the unsettling part is that the thief may already have your safe, waiting for the day the combination becomes trivial to compute.” (05/18/26)
“‘I think the last thing we need right now is a war that’s 9,500 miles away.’ Just place a period after the word ‘war’ in President Trump’s comments to reporters, after last week’s summit with Chinese ruler Xi Jinping and discussion about China’s democratic neighbor, Taiwan, the Republic of China. Which raises the question: How best to avoid war over Taiwan?” [editor’s note: That one’s easy — the US regime minds its own business. “Problem” solved – TLK] (05/18/26)
“Winston Churchill once observed that there’s nothing quite like the feeling of being shot at and missed. The Republicans are enjoying that glorious sensation as we speak. Thanks to redistricting decisions in various courts as well as some surprising examples of GOP manhood in their wake, it looks like November is a jump ball. The midterms were supposed to be a rendezvous with disaster, and historically, the tides are still against us. But Democrats have just had the miserable experience of discovering that fate is fickle. Recent events have made it so that Republicans have a fighting chance, and our joy and relief that we’re not necessarily destined for doom is amplified by our delight in hearing Democrats squeal in agony as all their dreams die.” [editor’s note: The midterms are nearly six months away. Six months is forever in politics, so take all predictions with a grain of salt – TLK] (05/18/26)
