The $79 Trillion Heist

Source: The American Prospect
by Harold Meyerson

“There are, of course, two components to affordability: sellers’ prices and buyers’ incomes. For most American families, buying (or renting) focuses either heavily or entirely on life’s essentials: housing, food, transportation, education, health care, and other forms of care (child, senior). That a clear majority of American families are, at minimum, stressed by these costs is a consequence of not just a host of factors on the sellers’ side, but of one big factor on the buyers’ side: a half-century of wage stagnation, even as investment income has soared. Or, if you prefer, a half-century of buyers’ income stagnation, even as sellers’ income has soared. If you depend on investments for most of your income, this is a pretty damn good time.” (12/03/25)

https://prospect.org/2025/12/03/79-trillion-heist-worker-pay/

EU bans Russian gas imports after last-minute agreement

Source: Politico

“The EU will begin to ban all Russian gas imports to the bloc early next year after lawmakers, officials and diplomatic negotiators struck a last-minute deal over a key piece of legislation set to reshape Europe’s energy sector. Put forward over the summer, the bill is designed to kill off the EU’s lingering Russian energy dependency at a critical juncture in the Ukraine war, with Russia advancing steadily and Kyiv fast running out of cash. While Europe’s imports of Russian gas have fallen sharply since 2022, the country still accounts for around 19 percent of its total intake. The EU is already set to sanction Russian gas imports, but those measures are temporary and subject to renewal every six months. The new legislation is designed to make that rupture permanent and put member countries that still operate contracts with Russia on a surer footing in the event of legal action.” (12/03/25)

https://www.politico.eu/article/eu-bans-russian-gas-imports-11th-hour-agreement-ukraine-von-der-leyen

Ask Me Again After Dinner

Source: Bet On It
by Bryan Caplan

“Kids say the darndest things — and ask the darndest questions. Especially when they were 8-12 years old, my kids would often bring up sensitive topics at dinner. Sexy topics. Disgusting topics. Sexy, disgusting topics. Though I was proud of their unconventional curiosity, I didn’t want to ruin dinner for the whole family. Before long, I came up with a simple response to defuse such situations: ‘Ask me again after dinner.’ A response that simultaneously expresses two distinct positions: First, it’s a fine question to ask, and I’m happy to discuss it with you in detail before bedtime. Second, it’s a bad question to ask right now, so let’s change the subject so everyone has a nice dinner.” (12/03/25)

https://www.betonit.ai/p/ask-me-again-after-dinner

Defying a government warning, Greek farmers block border crossings in wake of EU subsidy scandal

Source: SFGate

“Defying a warning from the government, farmers in northern Greece blocked traffic at border crossings on Wednesday in an escalating protest over delayed European Union-backed subsidy payments linked to a corruption scandal. Convoys of tractors blocked routes to North Macedonia, Bulgaria and Turkey forcing drivers into lengthy detours. Over the weekend, hundreds of farmers took to the streets, blocking roads with tractors in several areas. Protests by farmers are common in Greece, but the latest unrest erupted over delays in subsidy payments following revelations of widespread fraudulent claims for EU funds. The scandal prompted the resignation in June of five senior government officials and the phased shutdown of a state agency that handled agricultural subsidies.” (12/03/25)

https://www.sfgate.com/news/world/article/greek-farmers-block-border-crossing-routes-in-21220510.php

Trump’s War on Democracy in Honduras

Source: The American Conservative
by Ted Snider

“The people of Honduras had not yet made up their minds. So, Donald Trump intervened to help them. … The time has long passed for the U.S. to stop engaging in colonial-style interference in the elections of Latin American countries and to stop ‘defending democracy’ when our candidate wins and subverting it when our candidate loses.” (12/03/25)

https://www.theamericanconservative.com/trumps-war-on-democracy-in-honduras/

Trump: National Guard troops to occupy New Orleans “pretty soon”

Source: United Press International

“President Donald Trump said the National Guard will be deployed to New Orleans ‘pretty soon,’ making The Big Easy the next U.S. city to see a surge in military operations. The Trump administration has deployed the National Guard to Democrat-run cities including Los Angeles, Calif., Memphis, Tenn., Washington, D.C., and has sought to deploy troops to other cities, including Chicago, Ill., and Portland, Ore., though those efforts were blocked by the courts.” (12/03/25)

https://www.upi.com/Top_News/US/2025/12/03/Trump-New-Orleans-National-Guard/9521764747338/

The Use of Free Labor

Source: David Friedman’s Substack
by David Friedman

“Week before last I was up for jury duty, instructed to check a web page twice a day to see if they wanted me to come in. The first two days they did not, the third day they did. I was told to come to the south county courthouse by nine in the morning; so were more than eighty other people. … What most struck me, as an economist, about the process was the implication of its having access to nearly free labor — there was no payment for the first day, fifteen dollars a day thereafter.” (12/02/25)

https://daviddfriedman.substack.com/p/the-use-of-free-labor

Enough with Obamacare’s 12-year failure; Congress, start here to unwind it

Source: New York Post
by Betsy McCaughey

“Few Americans lie awake at night worrying about the federal debt — so the Republicans’ plan to end ‘temporary’ COVID-era Obamacare subsidies due to their exorbitant cost won’t win them votes. It will save Uncle Sam money: A staggering 93% of Obamacare premiums are now paid directly by the federal government to health-insurance companies. But will that bring victory in the coming midterm elections? No. That’s why Democrats are gloating that reducing the subsidies will mean higher costs for enrollees, and increase the number of Americans who go without insurance. Because of it, Republicans ‘are going to get their clocks cleaned’ in November, Sen. Chris Murphy (D- Conn.) predicts. Democrats cynically insist on continuing to spend huge sums of taxpayers’ money — $450 billion over the next 10 years — to prop up lousy insurance, defending the indefensible because of its Obamacare label. Even though Obamacare is an utter failure.” (12/02/25)

https://nypost.com/2025/12/02/opinion/enough-with-obamacares-12-year-failure-congress-start-here-to-unwind-it/