Source: Foundation for Economic Education
by Rachel Chiu
“The federal government has financed public broadcasting for decades. Over that time, Republicans argue, this broadcasting has become increasingly biased. Taxpayers, they claim, should not be forced to fund media outlets that they disagree with. They are right — the federal government does not need to be in the news business. Subsidies shouldn’t be keeping entire segments of an industry afloat, and the argument that local newsrooms need a lifeline has been used repeatedly to justify a profusion of preferential treatment, including antitrust exemptions that would enable news companies to cartelize. If this news subsidy ever served a useful purpose, it has long outlived it, especially given the evolution of media. ” (08/08/25)
https://fee.org/articles/do-americans-still-need-public-media/
Source: Fox News
“President Donald Trump is weighing whether to reclassify marijuana as a less dangerous drug, according to a report. Trump told attendees at a $1 million-a-plate fundraiser at his New Jersey golf club earlier this month he was interested in making a change to the plant’s classification, The Wall Street Journal reported, citing sources familiar with the matter. This comes after cannabis companies have committed millions of dollars to the president’s political groups, according to the report. The guests at Trump’s fundraiser included Kim Rivers, chief executive of Trulieve, one of the largest marijuana companies. Rivers urged the president to make the change and expand medical marijuana research, the newspaper noted. The potential move to remove marijuana from the list of Schedule I controlled substances and make it a Schedule III drug would make it significantly easier to buy and sell cannabis and make the industry more profitable.” (08/09/25)
https://www.foxbusiness.com/politics/trump-considers-reclassifying-marijuana-less-dangerous-drug
Source: Ron Paul Liberty Report
“Tariffs on Gold, Gambling in 401(k)’s — Signs of A Crack-Up Boom?” (08/08/25)
https://rumble.com/v6xbemc-tariffs-on-gold-gambling-in-401ks-signs-of-a-crack-up-boom.html
Source: The American Conservative
by Ted Snider
“The former commander-in-chief of the Ukrainian armed forces penned an article and posed for Vogue Ukraine in late July. Though the article appeared in the magazine’s 2025 Leaders edition, Valery Zaluzhny nowhere declared an intention to run for Ukraine’s leadership, nor has he declared an intention to run at any other time. But, perhaps, he did not need to. … After over a year of capably but quietly serving as ambassador in London, Zaluzhny has burst back onto the Ukrainian scene with an article and photo shoot that reintroduced him to his compatriots, not as the rough general of Ukraine, but as a relatable man of the common Ukrainian people who, unlike Zelensky, is capable of wearing a tailored suit, rather than military fatigues.” (08/08/25)
https://www.theamericanconservative.com/why-zelensky-should-fear-his-own-former-general/
Source: The American Prospect
by Whitney Curry Wimbish
“America’s two biggest private prison companies have made even more money from Trump’s mass deportation campaign than executives’ wildest hopes. In second-quarter earnings calls this week, executives at both GEO Group and CoreCivic announced revenue increases of over 100 percent compared to the same period last year, described buybacks of millions of dollars’ worth of stock, and outlined plans for the day after Trump achieves his goal of deporting one million immigrants this year, which they paradoxically expect will net even bigger piles of cash. Both revised their outlook for the rest of the year upwards. At GEO Group, the largest contractor for Immigration and Customs Enforcement (ICE), executives reported total revenue for the period of $636.2 million, about a 5 percent increase from the second quarter of 2024. Net income was $29.1 million for the period, compared to a net loss of $32.5 million last year.” (08/08/25)
https://prospect.org/justice/2025-08-08-private-prisons-cash-in-trumps-mass-deportations/
Source: The Weekly Dish
“Scott Anderson On The Iranian Revolution.” (08/08/25)
https://andrewsullivan.substack.com/p/scott-anderson-on-the-iranian-revolution
Source: Washington Post
by George F Will
“Successful democracies endanger their success because of the complacency success breeds. They solve problems only when lashed by necessity: Britain considered Winston Churchill a Cassandra — until the German army reached the English Channel ports. In the 1960s, Americans realized they could not have domestic tranquility without new civil rights laws. Today’s crisis of the nation’s fiscal trajectory elicits a peculiar optimism: Necessity, in the form of the exhaustion of the Social Security trust fund, will lash Congress into reforming two entitlement programs (Social Security, Medicare) that are driving the nation’s indebtedness. This optimism is delusional.” (08/08/25)
https://archive.is/O942S
Source: SFGate
“Residents and politicians in Armenia and Azerbaijan responded Saturday with cautious hope — and skepticism in some cases — after their leaders signed a U.S.-brokered agreement at the White House aimed at ending decades of hostilities. Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan signed the agreement on Friday in the presence of U.S. President Donald Trump, who stood between the leaders as they shook hands — a gesture Trump reinforced by clasping their hands together. While the agreement does not constitute a formal peace treaty, it represents a significant diplomatic step toward normalization of relations. The two countries remain technically at war, and the deal does not resolve the longstanding dispute over the disputed region of Nagorno-Karabakh. It does, however, reflect the shifting power dynamics following Azerbaijan’s 2023 military victory, which forced the withdrawal of Armenian forces and ethnic Armenians from the region.” (08/09/25)
https://www.sfgate.com/news/politics/article/armenians-and-azerbaijanis-greet-us-brokered-20810261.php
Source: Cato Institute
by Ryan Bourne & Nathan Miller
“Given the composition of the federal budget, and without a legislative strategy to work with Congress to cut entitlement programs and defense spending, it was simply impossible for DOGE to ever eke out $1–2 trillion of financial savings from cancelling DEI grants, laying off federal employees, shuttering minor departments and agencies, and delivering various software and anti-fraud upgrades to federal services. Indeed, making such wild promises on spending arguably undermined focus on what it did help achieve: a significant reduction in federal headcount, scrapping wasteful economic development aid, and zeroing near-term public broadcasting subsidies (since codified in the rescissions package). Would DOGE 2.0 heed the lesson not to overpromise again? It appears not.” (08/08/25)
https://www.cato.org/commentary/doge-overpromising-deregulation
Source: San Diego Union-Tribune
“President Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation, a White House official said Friday. The official, who was not authorized to speak publicly, spoke on condition of anonymity. Treasury Secretary Scott Bessent will serve as acting commissioner, the official said. Long will instead serve as ambassador to Iceland, Long said in a statement on the social media site X. … Long will be the the shortest-tenured IRS commissioner confirmed by the Senate since the position was created in 1862.” (08/08/25)
https://www.sandiegouniontribune.com/2025/08/08/trump-irs-commissioner/