The One Issue Midterm Victors Must Solve? Corruption

Source: Brennan Center for Justice
by Michael Waldman

“One of the most potent midterm election slogans was offered by the Republicans in 1946: ‘HAD ENOUGH?’ The GOP swept into power after years of New Deal dominance. We like to say that what counts is not what you are against, but what you are for. Not always, though. Sometimes ‘Had enough?’ is enough. Midterm elections often are waged as a rebuke to the party in control of the White House. Political scientists call this a thermostatic election. Voters adjust the temperature by turning the dial away from perceived overreaches. Sometimes the floor just drops out from under a political party. This could be a year when ‘Had enough?’ is enough. But at times candidates have an agenda, detailed or implicit. Those are the years that produce the biggest change.” (10/07/26)

https://www.brennancenter.org/our-work/analysis-opinion/midterm-issue-nobody-can-ignore

UK: Reform investigates its employees, concludes they did nothing wrong

Source: Politico

“Nigel Farage’s Reform UK has published an internal investigation purporting to clear two senior aides who were caught in an undercover donations sting. The party is now threatening legal action against the TV company that produced the report alleging that they discussed how the party could receive a £500,000 donation from a fake U.S. donor. The review ‘found no evidence’ that either Dan Jukes, Farage’s long-term right-hand man, or James Orr, his policy chief, broke any laws. … A party official, granted anonymity to discuss internal matters, told POLITICO the pair’s futures will only be decided after the conclusion of a Metropolitan Police investigation. Scotland Yard is investigating multiple ‘potential offences’ arising from the broadcast of footage showing discussions about how the party could receive donations from an overseas donor and also asking a bogus company to pay for polls commissioned by officials.” (10/07/26)

https://www.politico.eu/article/reform-probe-clears-nigel-farage-aides-james-orr-dan-jukes-donations-sting/

Debt and Profit

Source: EconLog
by Valentin Boboc

“An ordinary person can earn a paycheque, pay her taxes, cover living costs and mortgage payments, and perhaps even add to her savings — and at the end of the day she will still owe most of her mortgage. This is a normal state of affairs, and nobody finds it puzzling. Yet when a company reports profits alongside large amounts of debt, the reaction is often to question whether it’s really making money. After all, if a company is ‘truly’ profitable, why is it in debt? The short answer is that debt is not the opposite of profit. Loss is the opposite of profit. This imagined contradiction is easier to resolve once we recognize that profit is a flow and debt is a stock.” (10/07/26)

https://www.econlib.org/econlog/debt-and-profit

Prettifying Executions Does Not Make Them Quicker or More Reliable

Source: Reason
by Jacob Sullum

“After Tennessee unsuccessfully tried to execute Christa Pike last week, an ambulance whisked her to a Nashville hospital, where the condemned murderer became a patient in urgent need of lifesaving care. Should Pike recover from two botched administrations of pentobarbital, which left her unconscious and unable to breathe on her own, she might travel that road in reverse after she is well enough to be killed. That bizarre episode illustrates the perverse consequences of trying to disguise the brutal reality of capital punishment by dressing it in medical garb. Although most Americans say murderers like Pike should be executed, the method they prefer suggests they are squeamish about admitting what that entails.” (10/07/26)

https://reason.com/2026/10/07/prettifying-executions-does-not-make-them-quicker-or-more-reliable/

Trump regime proposes $70,000 fee for international students to work in the US

Source: Firstpost [India]

“In a latest move by the Trump administration to tighten restrictions on foreign students, the US Department of Homeland Security has proposed a $70,000 fee for international students seeking to participate in a programme that allows them to work in the United States. Under the proposed rule, colleges and universities would have to pay the fee for each international student entering the Optional Practical Training (OPT) programme. The programme enables foreign students to work in positions connected to their fields of study while completing their education or after graduation. International students are generally permitted to work through OPT for up to one year after completing their studies. Those graduating from certain science, technology, engineering and mathematics (STEM) programmes can qualify for an additional two years. Schools would be required to pay the $70,000 for each new student’s initial application to the program, and a $30,000 fee for each renewal.” (10/07/26)

https://www.firstpost.com/world/trump-administration-proposes-a-70000-fee-for-international-students-to-work-in-the-us-14051242.html

The Coming Age of Austerity

Source: The American Conservative
by Jude Russo

“It turns out that Americans loathe inflation, which is pretty amusing for someone who spends a lot of time writing about parts of the world where a 20 percent inflation rate barely warrants comment. They delivered unified government to the Republicans in 2024 on inflation, and they seem primed to throw them out of Congress this year on the same grounds. (Although the residual classical monetarist in me would like to distinguish between supply shocks and inflation simpliciter.) At the same time, the Trump administration has an ambitious if not always coherent program that needs to be paid for and that only minimally involves the legislature’s oversight. … Something’s gotta give here. Either the American people will have to make their political peace with running the economy hot and the consequent inflation, or real austerity will come and wash all this spending off the streets. A debt crisis could force the issue.” (10/07/26)

https://www.theamericanconservative.com/the-coming-age-of-austerity/