There Is No Reprieve in the Fed’s War on Savings

Source: Cobden Centre
by Max Rangeley

“There is a particular kind of financial wisdom that used to be passed down at kitchen tables. A grandparent, someone who remembered harder times, would explain that the first obligation of a responsible person was to spend less than they earned, put something away, and let patience do its quiet work. The savings account was not a sophisticated instrument. It was a vessel for deferred consumption—a way of translating present discipline into future security. The interest it paid was modest, but it moved in the same direction over time. That world has not merely changed. It has been, in a precise and largely unacknowledged sense, inverted.” (06/04/26)

https://www.cobdencentre.org/2026/06/there-is-no-reprieve-in-the-feds-war-on-savings/

As we approach July 4, the capital is, fittingly, a mess

Source: Los Angeles Times
by Jackie Calmes

“Just a month out from America’s celebration of its 250th birthday, the national capital is a mess. And I’m talking about the sites central to the pilgrimages that millions of Americans make each year to Washington, especially the White House. The once-verdant park remains a construction site, with makeshift fencing only partly obscuring the vast scar that was once the East Wing and the Jacqueline Kennedy Garden. Cranes sway in place of the felled trees, to build President Trump’s billion-dollar ballroom despite court orders and overwhelming public opinion against it. The South Lawn has been replaced with a gargantuan circus-tent-like arena for Ultimate Fighting Championship cage matches and a Trump-picked audience of thousands. Yes, cage matches. To mark not the nation’s birthday but the president’s 80th on June 14. Because it’s all about Trump.” (06/04/26)

https://archive.is/Lgc8x

NY: Massive inferno tears through historic psychiatric center

Source: New York Post

“A massive fire tore through multiple buildings of an historic psychiatric facility in the Hudson Valley, wild footage shows. The blaze erupted Wednesday at the abandoned Hudson River Psychiatric Center in Poughkeepsie, which was established in 1867 and placed on the National Register of Historic Places in 2007 after closing years earlier, according to Pix 11. … The cause of the fire remains under investigation, but officials confirmed the campus is not connected to the electric grid.” (06/04/26)

https://nypost.com/2026/06/04/us-news/inferno-tears-through-historic-new-york-psychiatric-center/

NATO Propagandists Again Proclaim That Ukraine Is on the Verge of Winning the War

Source: Antiwar.com
by Ted Galen Carpenter

“NATO partisans in both Europe and the United States are perpetual optimists about Ukraine’s prospective fortunes in its war against Russia. Lately, there has been yet another inundation of such accounts in Western news media outlets. Many of them emphasize that Moscow’s latest military offensive against Ukrainian ground forces has come to a halt with inconclusive results. The lack of a decisive breakthrough, members of Ukraine’s fan club contend, means that Russian president Vladimir Putin has again failed in his quest to conquer Eastern Europe’s resilient ‘democratic’ frontline state. That version of recent developments contains just enough truth to gain credibility among gullible opinion shapers and political leaders in the United States and in most other NATO countries.” (06/04/26)

https://original.antiwar.com/ted_galen_carpenter/2026/06/03/nato-propagandists-again-proclaim-that-ukraine-is-on-the-verge-of-winning-the-war/

The One Conscience Claim America Won’t Honor

Source: Common Dreams
by Harry Seavey

“The war in Iran has forced many Americans to confront what their tax dollars make them party to. After the US has killed hundreds of Iranian children in school and bombed the country’s civilian infrastructure, more and more Americans are considering tax refusal. It’s a tradition older than the republic itself. Quakers resisted military taxes in the colonies, sometimes at the price of seized property. Thomas David Thoreau was jailed for refusing a poll tax in protest of slavery and the Mexican-American War. And hundreds of thousands resisted the telephone tax during the Vietnam War, when the National War Tax Resistance counted 192 centers in 45 states. Call that ‘freedom.’ In an age of ascendant religious liberty, a fortunate class of Americans enjoys it in special measure. Employers, schools, religious institutions, and corporations have won exemption after exemption from ordinary legal duties they claim violate their religious faith.” (06/04/26)

https://www.commondreams.org/opinion/us-doesn-t-honor-anti-war

Artists threaten legal action against Venice Biennale over inclusion in visitors’ ballot

Source: Seattle Times

“Dozens of artists participating in this year’s Venice Biennale contemporary art show are threatening legal action if their names are not removed from the ballot allowing visitors to vote for the best national pavilion and overall participants in the absence of a jury to award the prestigious Golden Lions. The Venice Biennale opened its most chaotic and contested edition in recent memory on May 9, with the prestigious Golden Lion yanked from contention after the jury quit in protest of Israel’s and Russia’s participation. The week of previews leading up to the public opening was characterized by loud protests outside the Israeli and Russian pavilions. … Signatories seeking to be removed from visitor prize contention include some 70 artists participating in the main show and nearly 40 national pavilions, including those of Iceland, Norway and Denmark, which have led the call to have Russia barred from returning to the Biennale for the first time since its full-scale invasion of Ukraine.” (06/04/26)

https://archive.is/U41yU

Economic Calculation and a Southern California Beach Girl

Source: Ludwig von Mises Institute
by William L Anderson

“When the communist regimes of Eastern Europe and the Soviet Union collapsed in 1990 and 1991, followers of the Austrian School of Economics knew that socialism’s lack of a coherent method of economic calculation certainly led to the demise of these regimes. Economists had known for years of the chronic shortages, shoddy workmanship, and all of the other negative aspects of economic life in those countries and why no one who understood socialism was surprised at these results.” (06/04/26)

https://mises.org/mises-wire/economic-calculation-and-southern-california-beach-girl