The AP reports that the pro-freedom Ron Paul disciple Congressman Thomas Massie has been defeated by Ed Gallrein. For years, Trump has called for Massie’s removal for Congress in response to his insistence on the rule of law and his call for the release of the Epstein Files. The trouble largely began during Trump’s first term when Massie opposed Trump’s efforts to pass Trump’s covid-era budget without a recorded vote in Congress.
After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank. The reminder came in the form of a worldwide surge in the interest rates paid by government bonds. The surge followed the spike in oil prices caused by the Iran War.
At this point, the conservative populist political strategy amounts to little more than doing the same thing over and over, and when that fails, trying the exact same thing yet again.
[Moonshots and the New Industrial Policy: Questioning the Mission Economy, edited by Magnus Henrekson, Christian Sandström, and Mikael Stenkula]
A proposed November 2026 California ballot initiative called “Save California Health Care and Public Education” is also the billionaires tax. The initiative is sponsored by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW West).
