New Golden Age of HUD Hokum

Source: Future of Freedom Foundation
by James Bovard

“The Trump administration effectively condemned the downtown Washington, D.C., headquarters of the Department of Housing and Urban Development (HUD), portraying it as unfit for federal workers. HUD Secretary Scott Turner announced: ‘It is time to turn the page on the Weaver Building and relocate to a new headquarters that prioritizes the well-being of HUD employees and properly reflects the passion and excellence of our team.’ HUD posted a video exposing the ramshackle condition of its existing headquarters in D.C. and touting its new much fancier offices in Alexandria, Virginia. The video took its title from Secretary Turner’s promise of ‘The New Golden Age of HUD.’ And if you believe HUD will have a Golden Age, I have some bridge in Brooklyn I will sell you at a fire sale price.” (12/08/25)

https://www.fff.org/explore-freedom/article/a-new-golden-age-of-hud-hokum/

Pick Your Financial Crash

Source: The American Prospect
by Robert Kuttner

“The stock market has made gains at rates that are several multiples more than the growth of the real economy for three years running. Investor euphoria is always a sign of danger ahead, but this time there are other special factors signaling a pending crash. And of course, they all interact. Once investors head for the exits, others start bailing. I. Deregulation of Increasing Risk. Trump’s bank regulators are systematically dismantling the safeguards that were put in place after the financial collapse of 2008. That crash was caused by opaque financial instruments such as credit derivatives that allowed almost infinite amounts of leverage. When they turned out to be worthless, the collapse was also nearly infinite. In the aftermath, Congress and the regulators limited the risks that banks could take. In classic Wall Street form, the wise guys responded by creating non-banks that could do most of what banks do.” (12/09/25)

https://prospect.org/2025/12/09/pick-your-financial-crash/

NJ: Habba “resigns” as acting US attorney … after being fired

Source: Axios

“President Trump’s former personal lawyer Alina Habba stepped down as acting U.S. attorney for New Jersey on Monday. Habba was recently disqualified from the role last week after an appeals court found that she was serving unlawfully. Attorney General Pam Bondi said on X the Justice Department will seek further review of the ruling and is ‘confident’ the decision will be reversed. Habba said Monday she will continue to serve as Bondi’s senior adviser for U.S. attorneys.” (12/08/25)

https://archive.is/VA4LJ

First Hand Data

Source: David Friedman’s Substack
by David Friedman

“Most of what I know is based on secondhand information; I have never seen Antarctica but am confident that it exists. Some, however, is first hand. I mentioned one example in my previous post, an experience during a summer spent in Washington as a congressional intern in my early twenties that demonstrated that competent academics, people I liked, were willing to do deliberately dishonest work. That was convincing in a way that second-hand information, an article arguing that published work was dishonest — I have written some — would not have been. Thinking about that started me looking for other examples of views of mine based on my own experiences. Here are some of them.” (12/08/25)

https://daviddfriedman.substack.com/p/first-hand-data

Trump unveils $12 billion ag bailout

Source: Yahoo! Finance

“President Trump on Monday unveiled $12 billion in aid to US farmers, as the agricultural sector deals with the fallout from his sweeping tariff policies. Trump and other top administration officials discussed the package at a roundtable event with farmers at the White House. … Trump said the money for farm relief would come from a ‘small portion’ of tariff-related revenues.” (12/08/25)

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-unveils-12-billion-bailout-for-us-farmers-as-tariffs-bite-231853651.html

NATO Is a Menace, Not a Benefit, to America

Source: Antiwar.com
by Ted Galen Carpenter

“Since its creation in 1949, NATO has been the keystone of U.S. foreign policy in Europe. Indeed, the alliance has been the most important feature of Washington’s overall strategy of global primacy. America’s political and policy elites have embraced two key assumptions and continue to do so. One is that NATO is essential to the peace and security of the entire transatlantic region and will remain so for the indefinite future. The other sacred assumption is that the alliance is highly beneficial to America’s own core security and economic interests. Whatever validity those assumptions may have had at one time, they are dangerously obsolete today. The toxic, militaristic views toward Russia that too many European leaders are adopting have made NATO into a snare that could entangle the United States in a large-scale war with ominous nuclear implications.” (12/08/25)

https://original.antiwar.com/ted_galen_carpenter/2025/12/07/nato-is-a-menace-not-a-benefit-to-america

Jerusalem: Israeli forces raid UNRWA headquarters

Source: The New Arab [UK]

“Israeli forces raided the headquarters of the UN agency for Palestinian refugees (UNRWA) in occupied East Jerusalem on Monday morning, in the latest assault on the body by Israeli authorities. Troops stormed the premises, carried out searches and confiscated the phones of security guards, witnesses told Palestinian news agency WAFA. The Jerusalem Governorate said security guards were detained during the raid, which occurred during the early hours of the morning. … ‘The unauthorised and forcible entry by Israeli forces is an unacceptable violation of UNRWA’s privileges and immunities as a UN agency,’ said agency spokesperson Tamara Alrifai.” (12/08/25)

https://www.newarab.com/news/israeli-forces-raid-unrwa-headquarters-east-jerusalem