Warsh’s Concerning Interest in Redefining “Inflation”

Source: Ludwig von Mises Institute
Connor O’Keeffe

“As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation reports. Essentially, Warsh signaled that he believed in focusing primarily on inflation data from core or even trimmed price indexes. To understand what that means or why it matters, it’s important to note that, originally, ‘inflation’ was a term that simply meant the act of increasing, or inflating, the money supply.” (06/03/26)

https://mises.org/mises-wire/warshs-concerning-interest-redefining-inflation

Source: Santos reported to prosecutors over suspicious Kalshi trades

Source: Associated Press

“A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he’d be going to President Donald Trump’s State of the Union address, then bet against his own attendance, according to a person familiar with the investigation. Kalshi, the online prediction marketplace, referred Santos to the Department of Justice after detecting suspicious trades made by the former congressman ahead of Trump’s Feb. 24 speech, the person said. The person spoke to The Associated Press on the condition of anonymity because they weren’t authorized to discuss the matter publicly. Kalshi also reported the trades to the Commodity Futures Trading Commission, a federal regulatory body that has vowed to crack down on insider trading in prediction marketplaces.” (06/03/26)

https://apnews.com/article/george-santos-kalshi-2ea925949a0f3f72ec46411b41344858

Charles Augustus Leale, Abraham Lincoln, and the Physician We Are Slowly Losing

Source: Brownstone Institute
by Joseph Varon

“Doctor Charles Augustus Leale was just 23 years of age when he walked into Ford’s Theatre on April 14, 1865. He had finished medical school only weeks before and was assigned to the theater because the President would be there. By the end of that night, his name was forever linked to one of America’s most tragic events. … Leale had no protocol to follow that evening. No committee advised him. No administrator stood nearby explaining liability concerns. No electronic medical record demanded documentation. There was no legal department, no compliance office, no billing specialist, and no corporate structure surrounding him. There was simply a physician, a dying patient, and a sense of duty. Medicine today feels very different.” (06/03/26)

https://brownstone.org/articles/charles-augustus-leale-abraham-lincoln-and-the-physician-we-are-slowly-losing/

How Trump Left Himself With No Good Solutions on Iran

Source: The Dispatch
by Jonah Goldberg

“The Trump administration is stuck in a word cloud of probabilities of Donald Trump’s own making. The war is over. The war is on. The war isn’t a war. We have a deal, but we don’t have a deal, but we’re about to have a deal. We destroyed Iran’s military. No, we left it intact. We want regime change. No, we don’t. We already accomplished it. We ‘obliterated’ Iran’s nuclear program a year ago. We had to go to war in February to prevent nuclear war. The Strait of Hormuz is open, closed, or something in between. No deal without ‘unconditional surrender.’ Let’s make a deal!” (06/03/26)

https://thedispatch.com/article/trump-iran-strait-of-hormuz-boxed-in/

The Return of the Dixiecrat South

Source: The American Prospect
by Jacob S Hacker, Zoltan Hajnal, G Agustin Markarian, & Mackenzie Lockhart

“It has been just one month since the 6-3 conservative majority on the Supreme Court effectively nullified Section 2 of the Voting Rights Act (VRA), making it lawful for states to draw congressional districts that systematically dilute the votes of Black and Latino Americans. Within hours, Southern states responded. Florida legislators passed a GOP gerrymander the day the decision was announced. Alabama moved to eliminate majority-minority districts even after primary-election votes had been cast, though an appellate court has temporarily blocked the state from proceeding. (UPDATE: The Supreme Court waved the gerrymandered map through last night.) In Tennessee, the district representing Memphis—majority-Black—was cracked into three, all now majority-white, all expected to turn red. By 2028, South Carolina will likely gerrymander out of existence the district that has elected the state’s only Black congressman, civil rights icon James Clyburn.” (06/03/26)

https://prospect.org/2026/06/03/return-of-dixiecrat-south-voting-rights-act-racial-gerrymandering/

Thailand: Thaksin gets royal pardon after release on parole

Source: South China Morning Post [Hong Kong]

“Thailand’s divisive former prime minister Thaksin Shinawatra was freed from parole on Wednesday after receiving a royal pardon from King Maha Vajiralongkorn, as the 76-year-old billionaire businessman’s plans remain unclear. Thaksin, who stood at the heart of a two-decade power struggle with rival sections of the Thai elite, served eight months of a one-year jail term for corruption and abuse of power. He was released from jail early last month due to his advancing age, with his term originally set to end by September. A royal decree pardoning him at the king’s discretion became effective on Wednesday, the birthday of Queen Suthida. Royal birthdays and other symbolic dates are often marked with pardons of jailed prisoners.” (06/03/26)

https://archive.is/jUBHv