A Brief History of the Petite Bourgeoisie

Source: Ludwig von Mises Institute
by Ryan McMaken

“Decades before the Marxists came along, the classical liberals exposed how some classes exploit other classes. Through taxes and inflation, government regimes transfer wealth from the more productive members of society to the less productive ones. For at least two centuries, political theorists have attempted to identify and understand the ways that various social and economic classes have interacted within this system of state exploitation. … Among these classes we also find a group that is often ignored, or at least it is infrequently mentioned. It is the class small enterprise: the owners of small factories, the artisans, and the shopkeepers. Or, to use a term more frequently found outside the United States: the petite bourgeoisie.” (02/16/26)

https://mises.org/mises-wire/brief-history-petite-bourgeoisie

France: Regime releases suspected Russian shadow fleet tanker after multimillion-euro penalty

Source: SFGate

“French authorities said Tuesday they released a tanker intercepted last month in the Mediterranean Sea which is suspected of being part of Russia’s sanctioned shadow fleet shipping oil in violation of international sanctions. French Foreign Minister Jean-Noël Barrot said in a post on X that the tanker Grinch is to leave French waters after having paid a penalty of ‘several million euros’ and ‘three weeks of costly immobilization.’ ‘Circumventing European sanctions comes at a price. Russia will no longer be able to finance its war with impunity through a ghost fleet off our coasts,’ Barrot said. The French military diverted the ship last month and anchored it in the port of Fos-sur-Mer as part of an investigation into a charge of failure to fly a valid flag.” (02/17/26)

https://www.sfgate.com/news/world/article/france-releases-suspected-russian-shadow-fleet-21358387.php

Insider Trading and the Wolves of Capitol Hill

Source: Independent Institute
by Craig Eyermann

“2025 was a good year for the stock market. Americans who invested in a broad market index like the Standard and Poor 500 did really well. But not as well as 29 members of the U.S. Congress who beat the market in 2025. Beating the market is not easy and beating an index like the S&P 500 in 2025 means getting gains of more than 16.8%. Unusual Whales compiled a report on the members of Congress whose investments beat that return in 2025. I compiled the chart below from the report to focus on the 29 members of Congress whose investment portfolios grew by more than 16.8% last year.” (02/16/26)

https://www.independent.org/article/2026/02/16/congress-beat-stock-market-2025/

The Quintessential Epstein Files Email

Source: The American Prospect
by David Dayen

“On June 5, 2015, Kathy Ruemmler, then a corporate lawyer for Latham & Watkins but just one year removed from her stint as White House counsel for Barack Obama, emailed her good friend Jeffrey Epstein. Ruemmler, who was once under consideration to become Obama’s attorney general, wrote, ‘I am working on a PR strategy for MJ White v. Elizabeth Warren.’ Epstein responded, ‘Good[.] mj is good.’ And Ruemmler followed on in a response, ‘Yes, and EW is the worst.’ This is the perfect Jeffrey Epstein email, with as much explanatory power about this man, and more important the world he associated with and cultivated, than anything to do with child sex abuse. It shows that there is in fact an Epstein class, which not only believes in their own personal impunity, but seeks to protect their fellow travelers as well.” (02/17/26)

https://prospect.org/2026/02/17/epstein-files-email-kathy-ruemmler-elizabeth-warren-class-war/

Five who worked at Texas cattle company indicted, accused of $220 million nationwide fraud scheme

Source: Washington Times

“A Dallas-area federal jury indicted five people this week accused of defrauding customers of their cattle company of $220 million. The defendants operated through the company Agridime LLC, the Justice Department said Thursday. … Federal prosecutors allege that between January 2021 and December 2023, the five told clients, including feedlots, cattle ranchers and people wanting to buy individual cattle, that Agridime would use the money the clients paid to buy and raise specific cattle before selling the meat at a profit. … The Justice Department accused the group of instead using incoming payments from customers to pay off company operating expenses, pay money owed to previous customers, pay personal expenses and buy real property.” (02/16/26)

https://www.washingtontimes.com/news/2026/feb/14/five-worked-texas-cattle-company-indicted-accused-220-million/

Steve Bannon Is in Trouble — and It Has Nothing to Do With Epstein

Source: The Bulwark
by Will Sommer

“Perpetual Trumpworld figure Steve Bannon is taking a lot of heat this month as newly released Jeffrey Epstein files show he maintained close ties with the notorious sex trafficker, even after many of Epstein’s worst crimes were exposed. But that’s not the only perilous legal matter on Bannon’s plate. The influential conservative podcaster also finds himself in hot water for his management of the disastrous ‘Fuck Joe Biden’ cryptocurrency.” (02/16/26)

https://www.thebulwark.com/p/steve-bannon-lawsuit-memecoin-fjb

Looking back on “Presidents’ Day”

Source: The Price of Liberty
by Nathan Barton

“The history of ‘President’s Day’ is a convoluted one. (Isn’t everything with government?) Legally, for the FedGov, it is officially still ‘Washington’s Birthday’ and just the calendar date was changed back in 1971, from 22 February to the third Monday in February. (Many States have officially changed the name; the common title reflects the popular belief that it also replaced any celebration of Honest Abe’s birthday (12 February) honored ‘all POTUS.’ Yup, even Nixon.) But since most of us treat this like ‘All Presidents’ Day’ (and absolutely nothing to do with the idea behind All Saints’ Day), let us look back at one of the few POTUS that has some really good things to say about him. Thomas Jefferson.” (02/16/26)

https://thepriceofliberty.org/2026/02/16/looking-back-on-presidents-day/

Bangladesh: PM Tarique Rahman, lawmakers sworn into parliament

Source: Al Jazeera [Qatari state media]

“Newly elected Bangladesh lawmakers have been sworn into parliament, days after the Bangladesh Nationalist Party (BNP) swept the first vote since the 2024 student-led uprising that expelled former Prime Minister Sheikh Hasina. Tarique Rahman will take the oath as prime minister later on Tuesday, as the BNP is expected to form a new government after securing more than a two-thirds majority in the elections last week. … The BNP won at least 212 seats in the 300-seat parliament, giving it a strong majority, while the Jamaat-e-Islami party won 77 seats. Hasina’s Awami League was banned from participating in the polls.” (02/17/26)

https://www.aljazeera.com/news/2026/2/17/incoming-bangladesh-pm-tarique-rahman-lawmakers-sworn-into-parliament