Author: nick
America has a spending problem. It also has a health care problem. These are not two separate crises but rather the same crisis wearing different clothes. The Cato Institute’s new Handbook on Affordability is a great resource to understand the root problem and how to fix it. Start with a recap of the fiscal picture. The federal government runs large deficits so persistently that they’ve become a structural threat to price stability. As Romina Boccia and Dominik Lett argue in the handbook’s second chapter, when debt expands faster than the economy, investors begin pricing in one of three outcomes: higher future…
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won’t trip regulations. What to know: The U.S. Securities and Exchange Commission has issued another crypto-world policy statement, with the staff finding that broker regulations won’t be triggered by software interfaces allowing users securities transactions through self-hosted wallets. The statement doesn’t have the force of a rule and joins an increasingly lengthy list of similar findings meant to give the industry some clarity over what’s allowed in the crypto space. The U.S. Securities and Exchange Commission said that software that…
On this episode of Freed Up, Robby Soave and Christian Britschgi unpack a wild slate of stories: the Department of Justice’s (DOJ) explosive allegations that the Southern Poverty Law Center funneled money to extremist groups, Hasan Piker’s comments seeming to endorse violence on a recent New York Times show, and how One Battle After Another skewers leftists. They also end on a high note with some encouraging news on marijuana rescheduling. 0:00—The DOJ comes for the Southern Poverty Law Center. 19:45—Gerrymandering gave us the lobster congressional district in Virginia. 29:14—Democrats are betting on themselves on Kalshi? 38:49—Hasan Piker endorses violence…
President Donald Trump has regularly said that drug-price discounts on his watch are greater than 100%, which isn’t mathematically possible. Now his health and human services secretary, Robert F. Kennedy Jr., is trying to back up his faulty math. During an April 22 Senate Finance Committee hearing, Sen. Elizabeth Warren, D-Mass., questioned Kennedy about discounts available on the federally run TrumpRx website. She expressed doubt about Trump’s past statements about price reductions up to 600%. Kennedy said, “President Trump has a different way of calculating percentages. There’s two ways of calculating percentages. If you have a $600 drug and you…
On Monday, I wrote about an unusual situation at the Supreme Court: even though Kannon Shanmugam of Paul Weiss was counsel of record in a case, it was argued by Elizabeth Prelogar of Cooley. I couldn’t quite make sense of the switcheroo. I surmised,”There must be more to the story.” And so there was more to the story. Today Kannon Shanmugam, as well as Masha Hansford, moved from Paul Weiss to Davis Polk. I had heard a rumor of this after I wrote my post, which has now been confirmed. This move doesn’t fully explain exactly why Shanmugam, or someone…
In February, The New York Times reported that FBI Director Kash Patel had assigned rotating SWAT teams to guard his girlfriend, country music singer Alexis Wilkins, as she traveled around the country. The article portrayed that use of FBI resources as highly unusual and ethically questionable. “If you want to be a celebrity or a social media star, get your own security,” a former FBI official told the newspaper. “The inappropriateness of this cannot be overstated.” The story was undeniably embarrassing for Patel and Wilkins. In Wilkins’ view, it also was evidence of “stalking,” a federal felony punishable by up to…
Iran’s decades-long bluff-built on terror proxies, nuclear brinkmanship, and Western appeasement-collapsed the moment it faced direct force and a changed geopolitical landscape. Source link
Florida Republican Lt. Gov. Jay Collins, an Army combat veteran, attacked his leading opponent in the state’s gubernatorial race over not supporting military pay raises. The Collins campaign distributed a 13-page document titled “Congressman Byron Donalds’ Liabilities.” Donalds holds a double-digit lead against his primary opponents. “Byron Donalds voted with (U.S. Rep. Alexandria Ocasio-Cortez, D-.N.Y.) and the radical Socialist Squad against three pay raises for military service members, including the largest pay raise for the military in 22 years,” the document said, referencing Donalds’ votes against the National Defense Authorization Act in 2022, 2023 and 2025. The Collins campaign lobbed…
And how America can avoid playing into their hands. Source link
Introduction On April 12, 2026, Turkey formally accused Israeli Prime Minister Benjamin Netanyahu of war crimes and crimes against humanity, issuing a statement from its foreign ministry that described him as the ‘Hitler of our time’ [1]. The accusation was made on the eve of Holocaust Remembrance Day, according to Turkish state media and international news reports [2]. Turkish President Recep Tayyip Erdo?an initiated the public condemnation, stating that Netanyahu was ‘blinded by blood and hate’ [2]. The foreign ministry statement referenced an existing arrest warrant for Netanyahu issued by the International Criminal Court (ICC) on war crimes charges and noted that Israel…