“Like Russia, the U.S. is huge and hugely multicultural. In fact, those are the two biggest multicultural nations on earth. Like Russia, U.S. population growth stems from its so-called minority population. Like Russia, that population is largely non-white. Unlike Russia, where the fast-growing minority groups include Muslims and Asians, the U.S. Hispanic ‘minority’ is Christian and, quite mistakenly in my view, much of it pro-Trump. Again, unlike Russia, which has a leader, president Vladimir Putin, who openly espouses traditional values and is just as openly enthusiastic about the minorities he governs, Trump scorns American minorities and unleashes a murderous Gestapo against them. Putin would never dream of such idiocy.” (10/06/26)
“Just three weeks after American hip-hop artist Macklemore was kicked off megastar Ed Sheeran’s tour over the rapper’s ‘Free Palestine’ messaging, it looks increasingly obvious that Sheeran overestimated the power of pro-Israel cancel culture and underestimated the American fanbase. Last week, country superstar Zach Bryan wore a ‘Free Palestine’ t-shirt during his concert at Gillette Stadium in Foxborough, Massachusetts. His band wore similar attire. Robert Kraft, who owns Gillette Stadium and was primarily responsible for pressuring Sheeran to ditch Macklemore last month from the tour, was nowhere to be seen. Meanwhile, Sheeran’s back-up band and all of his opening acts on the tour dropped out to support Macklemore, who went on to launch his own Free Palestine Tour this fall as his own popularity is experiencing a resurgence. The three-date European leg of the tour sold out immediately.” (10/06/26)
“The novelist J. R. R. Tolkien (1892–1973) repeatedly insisted that his epic fantasy The Lord of the Rings, written from 1937 to 1949, was not allegorical. But some scholars have argued otherwise, detecting contemporary, 20th-century influences in his storytelling. Tolkien fought at the nightmarish Battle of the Somme in World War I. He witnessed the slaughter of the youth of Europe in the trenches that lived with him the rest of his life. In the 1930s, he despaired over both the rise of the godless Communist Soviet Union and the transformation of a once-enlightened Germany into a monstrous fascist regime. Tolkien, a devout Catholic, was dismayed not only by the growing power of these totalitarian empires but also by the West’s urbanized industrialism and secularized modernism on the eve of World War II. In middle age, he lived through the even greater slaughter of World War II.” (10/06/26)
“The billionaires are putting our world at risk through support for unregulated AI, funding the fossil fuel industry, and undermining democracy. They are using their unprecedented levels of power to lead us toward multiple pathways of total human annihilation. Now is a good time to reflect on ways to challenge capitalism, a driving force behind the madness we face. And yet, on one side we have many people who are hesitant to name capitalism as a force behind destruction we face. On the other side, many of those few who do name capitalism use outdated and unhelpful frameworks for understanding how to challenge capitalism. Sven Beckert’s Capitalism: A Global History (Penguin 2025) is a book worth reading if you are interested in building a world past capitalism. Beckert’s original approach to understanding capitalism helps us to see possibilities for challenging it in the present precarious time we are living in.” (10/06/26)
“Most political professionals behaved as though Donald Trump’s bid for the presidency was a joke: an elaborate ruse to set up a new reality show. The internecine wars that viciously pitted Hillary Clinton and Bernie Sanders supporters against each other were largely in the rearview mirror, and Democrats were busy measuring Oval Office drapes and donning ‘I’m With Her’ t-shirts. … So when the Washington Post broke the Access Hollywood story on the afternoon of October 7—ten years ago this week—the immediate reaction in the D.C. corridors of power was disgust mixed with faux shock commingled with barely contained glee. The three-minute clip played to all of the priors of the Democratic establishment, which had remained convinced America would never elect this con man, now confirmed as a raging misogynist. Uttering ‘grab ’em by the pussy’ to Access Hollywood host Billy Bush was surely the final nail in Trump’s coffin.” (10/06/26)
“[T]he St. Louis Fed offers us YouTube videos on How to Pay Down Credit Card Debt, and Budgeting 101 (‘Making a budget is like planning a road trip for your personal finances’). The self-described ‘very stable genius’ in the White House was not able to contemplate that his elective war on Iran would see the Strait of Hormuz shut down and America’s security umbrella over the Persian Gulf states get pummeled. Which falls into the category of their business. Yet his administration explains to us how to do our grocery shopping. Which falls into the category of our business. It is arrogant, presumptuous, and insulting. Agriculture Secretary Brooke Rollins offered the latest installment recently. Confronted with complaints about soaring beef prices, Rollins had a straightforward solution: ‘If beef is too expensive…you can eat chicken, pork, salmon, eggs.’ Or cake?” (10/06/260
“The Trump administration and its supporters – including the Wall Street Journal editorial page – are working overtime these days to spin the news around the Iran war to make it appear that the US is winning and Tehran had better submit to Washington’s demands before it is wrecked, maybe even ‘annihilated.’ Indeed, Trump is preparing the option of bringing the military hammer down on Iran after the midterm elections if Tehran has not surrendered by then. In effect, Trump and his supporters are waging a ‘maximum pressure campaign’ against Iran in the mainstream media. This campaign is sure to fail.” (10/06/26)
“Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.” (10/06/26)
Source: Foundation for Economic Education
by Wojciech Wyszomierski
“Since the start of the 21st century, Poland has seemed like a textbook example of sustainable development. The break from a centrally planned economy in the late 1980s, the opening of the market, and relatively low labor costs attracted substantial foreign capital. GDP began to grow rapidly, and for the first time, money appeared in Poles’ pockets. While Western Europe focused on developing the welfare state, Poland consistently reinvested its earnings …. While in 1990, Poland’s GDP per capita did not exceed $2,000, 20 years later it had risen to over $12,000. However, not everyone was pleased with this. Poorer residents, bombarded with reports of an improving economic situation, began to voice their belief more and more boldly that they were entitled to a slice of the state’s pie.” (10/06/26)
