TN: Cops who murdered Tyre Nichols to receive new trials

Source: NBC News

“A federal judge in Tennessee ordered new trials Thursday for three former Memphis police officers who were convicted of felony counts in the beating death of Tyre Nichols after a 2023 traffic stop. A federal jury convicted Tadarrius Bean, Demetrius Haley and Justin Smith last year on charges connected with the death of Nichols, 29, who died after he was punched, kicked and struck with a baton by officers, assaults that were captured on surveillance video. The three men were acquitted in May on state charges. In a ruling Thursday, U.S. Chief District Judge Sheryl Lipman did not find any biased decisions by the federal judge in the 2024 case, as the officers’ attorneys argued. But she said new trials were warranted because of a comment the judge was alleged to have made after the trial that the Memphis Police Department was ‘infiltrated to the top with gang members.'” (08/28/25)

https://www.nbcnews.com/news/us-news/3-officers-ordered-new-trials-death-tyre-nichols-rcna227892

Cost-Benefit Analysis Crushes GDP

Source: Bet On It
by Bryan Caplan

“I specialize in trillion-dollar ideas: policy reforms which, if implemented, would generate trillions of dollars of net social benefits. Ideas like open borders, educational austerity, and by-right construction. While I’m well-aware that my thoughtful critics have thoughtful criticisms, I also maintain that thoughtful critics with thoughtful criticisms are few and far between. When I present my trillion-dollar ideas, most of my critics present emotionally compelling but quantitatively trivial drawbacks. … I have a standard reply to all such criticisms: Even if you’re totally right, even if the problem is ten times worse than you fear, we should still implement the trillion-dollar proposal under discussion. Why? Because when we’re evaluating policies, we should ‘put a price tag’ on every problem — and the price tag on your problem is a rounding error.” (08/28/25)

https://www.betonit.ai/p/cost-benefit-analysis-crushes-gdp

“The Arabs Hate Us Because Of Our Religion” Is The New “They Hate Us For Our Freedom”

Source: Caitlin Johnstone, Rogue Journalist
by Caitlin Johnstone

“Western leaders who say they’ll recognize a Palestinian state while feebly calling on Both Sides to reach a ceasefire deal are just cuter, more photogenic versions of Netanyahu. They’re making empty noises to appear as though they’re doing something while refusing to actually lift a finger to stop the genocide. They know Israel’s not going to make a permanent ceasefire deal because Netanyahu has explicitly stated that the slaughter won’t end until the ethnic cleansing of Gaza is complete. That’s why Tel Aviv is just ignoring the fact that Hamas agreed to a ceasefire a week and a half ago; there is absolutely nothing Hamas could agree to which would stop Israel from doing everything it needs to do to steal a Palestinian territory from the Palestinians who live there.” (08/28/25)

https://caitlinjohnstone.com.au/2025/08/28/the-arabs-hate-us-because-of-our-religion-is-the-new-they-hate-us-for-our-freedom/

US economy expanded 3.3% in Q2, with growth even stronger than initially thought

Source: CNBC

“The U.S. economy grew at an even faster than thought pace in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported Thursday in its second estimate for the most encompassing measure of economic activity. The reading was better than an initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast. Consumer spending helped push the number higher, rising by 1.6% compared to an initial 1.4% estimate.” [editor’s note: True? Or does someone at Commerce just not want to get fired like the Bureau of Labor Statistics lady? – TLK] (08/28/25)

https://www.cnbc.com/2025/08/28/us-economy-grew-3point3percent-in-q2-growth-was-stronger-than-initially-thought.html

Fiscal Dominance Brings Financial Repression

Source: EconLog
by Pierre Lemieux

“‘Fiscal dominance’ refers to the state’s expenditures (fiscal policy) dominating monetary policy. Instead of the legislature (Congress in the US) controlling government expenditures while the central bank (the Fed) tries to control inflation, the latter helps finance expenditures and Congress obtains more leeway to run deficits. Fiscal dominance is the opposite of central bank independence. … One way or another, sooner or later, fiscal dominance will lead to inflation, which is defined as a sustained increase in the price level.” (08/28/25)

https://www.econlib.org/fiscal-dominance-brings-financial-repression

The Disaster that Was George W. Bush

Source: Ludwig von Mises Institute
by William L Anderson

“Although some may be nostalgic for Bush, perhaps we should be reminded of his disastrous record as president, a record that still is creating negative dividends to this very day. Forget the rhetoric about how ‘this guy is decent.’ The term ‘decent’ is no way to describe Bush’s two terms in office.” (08/28/25)

https://mises.org/mises-wire/disaster-was-george-w-bush