States Substitute for Corrupt Feds on Antitrust

Source: The American Prospect
by David Dayen

“On Monday, the monopolization trial against Live Nation picked up where it left off a week earlier, with Jay Marciano, CEO of AEG Entertainment, the nation’s second-largest live concert promoter, under direct questioning. But there was a different lawyer in the lead plaintiff’s chair: Jeffrey Kessler, a superstar private litigator who successfully prosecuted cases against NASCAR and the NCAA, was seated in place of David Dahlquist, the Justice Department’s lead trial attorney. The reason for the swap is that DOJ settled their claims against Live Nation on March 9, and pressured many of the 39 states (and the District of Columbia) in the case, particularly the Republican ones, to go along with them. But in the end, only seven states did so …. The other 32 … failed to come to agreement after forced settlement talks from the judge.” (03/17/26)

https://prospect.org/2026/03/17/state-attorneys-general-feds-antitrust-live-nation-ticketmaster-warner-bros-paramount/

Australia: Central bank hikes rates to a near 1-year high as Iran war raises inflation risks

Source: CNBC

“Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%, amid sticky inflation. The 25 basis points hike was in line with expectations from analysts polled by Reuters, and comes as Australia’s inflation stays above the central bank’s upper limit of 3%, with the war in the Middle East risking a further rise in prices. … Inflation in the country was at 3.6% for the quarter ended December. On monthly basis, inflation was at 3.8% in January, marginally surpassing expectations of 3.7%.” (03/17/26)

https://www.cnbc.com/2026/03/17/australia-central-bank-interest-rates-rise.html

The Growing Problems of Operation Epic Fury

Source: CounterPunch
by Binoy Kampmark

“The big drain on military resources has begun. A war apparently already won (and not), against an adversary supposedly without means to fight back, its air force and navy destroyed, its missile capabilities blunted, is now drawing the clumsy colossus of American power into the Middle East with embarrassing effect. The Middle East, where US President Donald Trump promised the ‘forever wars’ would end, promises an end to his beginning.” (03/17/26)

https://www.counterpunch.org/2026/03/17/the-growing-problems-of-operation-epic-fury/

Can Immigration Address America’s Fiscal Nightmare? It Depends

Source: The Daily Economy
by John Phelan

“High-skilled workers tend to strengthen government budgets, while low-skilled immigration can add fiscal pressure. The composition of immigration matters as much as the number.” (03/17/26)

https://thedailyeconomy.org/article/can-immigration-address-americas-fiscal-nightmare-it-depends/

Yes, the First Amendment Protects Free Speech for Noncitizens

Source: Reason
by Damon Root

“The First Amendment states that the government ‘shall make no law … abridging the freedom of speech.’ But one prominent conservative [sic] judge, whose name has been mentioned as a potential nominee to the U.S. Supreme Court by President Donald Trump, thinks that protection against government censorship may not apply to noncitizens in the United States. Is the judge right?” (for publication 04/26)

https://reason.com/2026/03/17/yes-the-first-amendment-protects-noncitizens/

Entrepreneurial capitalism — the greatest deal in all of history

Source: Adam Smith Institute
by Tim Worstall

“Facebook, the online social network, has more than 2 billion global users. Because those users do not pay for the service, its benefits are hard to measure. We report the results of a series of three non-hypothetical auction experiments where winners are paid to deactivate their Facebook accounts for up to one year. Though the populations sampled and the auction design differ across the experiments, we consistently find the average Facebook user would require more than $1000 to deactivate their account for one year. OK, so the value users gain from Facebook is $1k a year, there are 2 billion of them, that’s two thousand billion, or $2 trillion in value a year. Of which Zucks has 10%, that $200 billion. Pretty good deal for us, really. But that’s not right, not at all. For Zucks’ money is a one off capital sum, the consumer benefit is an annual one.” (03/17/26)

https://www.adamsmith.org/blog/entrepreneurial-capitalism-the-greatest-deal-in-all-of-history

US appeals court fines lawyers $30,000 in latest AI-related sanction

Source: Reuters

“An appeal containing fake case citations that misrepresent the law can be dismissed as frivolous, a U.S. federal appeals court panel said in a decision sanctioning two attorneys who submitted ​filings that bore hallmarks of artificial intelligence ‘hallucinations.’ The Cincinnati-based 6th U.S. Circuit Court of Appeals said in its order on Friday that attorneys Van Irion and Russ Egli ‘sullied the reputation of our bar, which now must litigate under the cloud of their conduct.’ The court said it found more than two dozen fake citations and misrepresentations of fact in the appeal, which involved an incident at ​a fireworks show hosted by the city of Athens, Tennessee. … The two attorneys must reimburse Athens for its legal work on the appeal, and also must individually pay $15,000 ​each to the appeals court as a punitive sanction, according to the order.” (03/16/26)

https://archive.is/mEdzu