December 31, 2025, concludes the first twenty-five years of the 21st century. The US government’s future bankruptcy results from poor personnel, policy, and money decisions that have impacted everyday people. Looking back from 2000 to 2025 showed a numbing expansion of federal government and Federal Reserve Bank power, economic intervention, regulation, and waste. Personal and economic freedoms have declined.
Trump’s political opponents in the Democratic Party and establishment media trotted out a new line of attack on his administration over the weekend. It began after the Washington Post ran a story on Friday about the first strike against what the Pentagon claims were drug-smuggling boats in the Caribbean back on September 2.
Introduction and scope of the debate
Each day we are reminded of this legal imposition by the familiar phrase stamped on every US dollar bill: “This note is legal tender for all debts, public and private.” Innocuous on the surface, but these words conceal a profound immorality that strikes at the heart of voluntary exchange. If a man of sound mind agrees to settle a contract in X, then he should be obligated to pay X. Forcing him to accept anything other than X as payment is an egregious violation of contractual and property rights.
The city’s capture would represent Kiev’s greatest setback on the front line since the fall of Avdiivka in February 2024.
You might deem it self-evident that words should have meanings, but a growing number of people believe words can mean anything the speaker wants. It seems we now inhabit the fictional world imagined by Lewis Carroll, where, as Humpty Dumpty said, any word “means just what I choose it to mean—neither more nor less.” In the recent “what is a woman” debates, some argued that the word “woman” means whatever anyone feels the word woman should mean.
The recent “protests” against Scheinbaum were astroturfed. Why? It may be that Scheinbaum’s efforts against the cartels are upsetting the CIA which has long allied itself with drug lords.
In the end, Fedgov will just print more money and raise taxes. Social security will be preserved by politicians to ensure that elected officials don’t lose the votes of pensioners.
New WaPo piece is a tour de force of bad economics on the “dangers” of deflation.
