Great interview last night with Musk and members of the DOGE team. A good mix of concrete examples (40% of calls to Social Security customer service are crooks trying to reset electronic deposits from the intended recipient to the crook) with a steady return to the overall goal of cutting waste and fraud. The $1B target of first year cost savings is too low IMHO. DOGE has yet to start with Defense. Social Security is just getting started. […]
Jai Kedia The Fed’s audited financial statements for 2024 show that it suffered operating losses of $77.6 billion. That’s on the heels of losing $114.3 billion in 2023, for a two-year total of $191.9 billion. The culprit of these losses? The large amounts of interest it pays on bank reserves. The Fed drastically changed its operating framework during the financial crisis of 2008. At the time, most of the attention fell on the Fed’s quantitative easing program. But the size of […]
Yesterday, I expressed frustration how the Court narrowly construed, and indeed reimagined, the record in Bondi v. VanDerStock. Worse still, the Court applied Salerno to reject a facial challenge to a regulation. This move amply rehabilitates Chevron. And why did the Court do this? In my jaundiced view, the Justices were looking for a narrow way to reverse the Fifth Circuit. Another day, another reversal of the Fifth Circuit. This time, the Court unanimously reversed the en banc Fifth Circuit in […]
Obituary for my father. Richard Warner Carlson died at 84 on March 24, 2025 at home in Boca Grande, Florida after six weeks of illness. He refused all painkillers to the end and left this world with dignity and clarity, holding the hands of his children with his dogs at his… pic.twitter.com/4lMygMkSIT — Tucker Carlson (@TuckerCarlson) March 26, 2025 The post Tucker Carlson’s Obit for His Father appeared first on LewRockwell.
Americans love foreign products, but is our indulgence in Canadian whiskey, Mexican avocados, and Brazilian coffee a bad thing? If you ask President Donald Trump, the answer is unequivocally, yes. On Wednesday, the president announced a baseline 10 percent tariff on products from 180 nations, including higher rates for certain countries the president considers bad actors. These duties will negatively affect the agricultural sector, which relies heavily on trade. Despite exporting over $175 billion worth of agricultural products […]
O jornalista Rui Pimenta, presidente do Partido da Causa Operária (PCO), critica a pena aplicada pelo Supremo Tribunal Federal (STF) contra a cabeleireira Débora dos Santos, acusada de pichar a estátua da Justiça, na Praça dos Três Poderes, durante os atos do 8 de janeiro. Rui destaca a pena de 14 anos de prisão proposta pelo ministro Alexandre de Moraes contra Débora. O jornalista classifica o voto do magistrado como “repugnante”, “ilegal” e “criminoso”. Para ele, a manifestação […]
Alex Nowrasteh and Krit Chanwong Ezra Klein recently interviewed David Shor, a data scientist at the Democratic consulting firm Blue Rose Research. Shor made two important immigrant-related points. First, the foreign-born share of the population in a county was highly correlated with a shift toward Trump. Second, Trump likely won the immigrant vote. Naturalized immigrants went from favoring Biden in 2020 by 27 points to favoring Trump by one point. This abrupt change destroys the common immigration-restrictionist argument […]