California’s “Wealth” Tax is Coming for Everyone

Source: American Greatness
by Edward Ring

“If you own property in California, you’re not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don’t communicate that intent. California’s ‘One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative,’ which has already qualified for the November ballot, is even worse than it appears. It’s not as if appearances aren’t bad enough. The explicit intent of the initiative already chased at least six billionaires out of the state in 2025. … Just the departure of these six men has lowered the potential take from the wealth tax by an estimated $27 billion.” (06/03/26)

https://amgreatness.com/2026/06/03/californias-wealth-tax-is-coming-for-everyone/

Frank Kameny was fired for being gay. What he did next changed America.

Source: Expression
by James Kirchick

“Though he had been, by his own description, ‘shy and retiring’ as a young man, Kameny was ‘radicalized’ by the way his government had treated him. How could his homosexual orientation possibly affect his work as an astronomer or, as he one day hoped to be, an astronaut floating hundreds of miles away from Earth’s surface? On the contrary, it was the government that had wronged him. ‘I simply felt something had to be done,’ he recalled. And so, Kameny did what no gay man or woman in his position had yet done: He fought back.” (06/03/26)

https://expression.fire.org/p/frank-kameny-was-fired-for-being

Amazon overthrows Walmart to become Fortune 500’s top company

Source: New York Post

“Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer’s 13-year run at the top of the annual ranking of America’s biggest companies by revenue. The latest list, based on fiscal 2025 revenue, puts Amazon in the top spot, followed by Walmart and UnitedHealth Group. The shakeup marks the first time since 2013 that Walmart has not held the No. 1 position on the Fortune 500. Amazon generated roughly $717 billion in revenue during the most recent reporting period, narrowly surpassing Walmart’s $713 billion. UnitedHealth Group rounded out the top three with $447.6 billion in revenue.” (06/03/26)

https://nypost.com/2026/06/03/business/amazon-overthrows-walmart-to-become-fortune-500s-top-company-ending-superstores-13-year-reign-at-the-top/

Trump Dreads an Iran Deal Worse than Obama’s

Source: The Atlantic
by Vivian Salama, Jonathan Lemire, & Nancy A Youssef

“[Trump]wanted the conflict over. But he had become irritated by comparisons between the emerging framework and the Obama-era agreement, which set restrictions and time limits on Iran’s nuclear-development program. Administration officials said Trump repeatedly complained that critics were calling his team’s draft agreement a weaker version of the Joint Comprehensive Plan of Action, which he had spent years attacking and tore up in his first term. Trump wanted a way to argue that Iran had accepted terms from him that Obama never managed to extract, aides told us. … He may be content to simply wait rather than do a deal that invites unflattering comparisons to one that already existed — and which didn’t come at the cost of 13 U.S. service members and at least 1,700 Iranian civilians, tens of billions of dollars, the depletion of U.S. munitions stockpiles, and a global energy crisis.” (06/03/26)

https://archive.is/IYYgM

Dignity’s role in ending wartime rape

Source: Christian Science Monitor
by staff

“In 21 conflicts around the world, sexual violence as a tactic of war ‘surged’ last year, according to a new United Nations report. Yet in only one conflict – the civil war in Sudan – such atrocities are ‘a defining feature’, used in fear campaigns between rival ethnic groups, as explicitly stated by perpetrators. In Africa’s third-largest country by area, preventing conflict-related sexual violence or helping survivors has been difficult. The civil war between the Sudanese Armed Forces and the Rapid Support Forces, now in its fourth year, has yet to yield to international efforts to end it. Sudan has become the world’s most dire displacement crisis. ‘Many women and girls fleeing the conflict only sought help after reaching neighbouring countries,’ the report stated, ‘which underscores the importance of assistance in all phases of displacement.'” (06/02/26)

https://www.csmonitor.com/Editorials/the-monitors-view/2026/0602/Dignity-s-role-in-ending-wartime-rape

India: At least 21 people killed after fire sweeps through New Delhi building

Source: New York Post

“A fire swept through a building in a New Delhi neighborhood Wednesday, killing at least 21 people and injuring several others, police said. The building in the Malviya Nagar neighborhood in the southern part of the city had a restaurant on the ground floor and a hotel above. The predominantly residential area is densely populated and is popular with students and young professionals. … Some of the victims were foreign nationals who had traveled to India for medical treatment, local media reported.” (06/03/26)

https://nypost.com/2026/06/03/world-news/at-least-21-people-killed-after-fire-sweeps-through-new-delhi-building/

Reasonably Optimistic, 06/03/26

Source: Washington Post

“The average American household is now worth more than $1 million. Yet Gen Z is increasingly pessimistic about its economic future. Why does it feel like so many people are falling behind? Is homeownership out of reach? And how can young people build wealth in an economy that seems both richer and more uncertain than ever? Megan McArdle talks with Ed Elson, co-host of Prof G Markets, about wealth inequality, housing affordability, social media and the frustrations shaping younger generations’ outlook.” (06/03/26)

https://www.washingtonpost.com/podcasts/impromptu/why-1-million-doesnt-feel-rich-for-gen-z