In the case of Trump’s strikes on Iran, these actions should not only be scrutinized by their disregard for congressional checks and balances, but also and more importantly for their economic and human costs, as well as their implications for state power and individual freedoms.
Recent headlines tell us Ukraine managed to sneak trucks inside Russia close to five Russian air bases—one as distant as Siberia—then launched first-person-view drones to attack military assets, including Russian bombers. According to Politico,
Last week, democratic socialist Zohran Mamdani pulled off an upset and beat the establishment’s preferred candidate, Andrew Cuomo, in the Democratic primary for New York City’s mayoral election.
#HankeInflationDashboard: This week’s top 5 inflators by my measure:
🇻🇪 Venezuela — 258.9%/yr
🇸🇸 South Sudan — 104.3%/yr
🇮🇷 Iran — 57.5%/yr
🇿🇼 Zimbabwe — 53.6%/yr
🇲🇲 Myanmar — 47.7%/yr pic.twitter.com/z6XKsRREeU— Steve Hanke (@steve_hanke) July 1, 2025
The worst case would be to turn Fannie and Freddie back into government-sponsored enterprises again, with a free government guarantee to subsidize the investors.
This year the Ron Paul Institute will host its sixth class of Ron Paul Scholars and that means if you are a student interested in peace and prosperity, a non-interventionist foreign policy, liberty, and in making contacts among like-minded peers, we welcome your application to be a 2025 Ron Paul Scholar!
What is it?
The US Senate worked through the weekend on the “Big Beautiful Bill.” The goal was to pass it quickly to ensure the House will then pass it and send it to President Trump’s desk before the July 4th holiday.
However, disagreements among Republican Senators over reductions in spending on programs including Medicaid and food stamps as well as language in the bill eliminating “clean energy” tax credits were preventing Senate Republican leadership from getting enough votes to pass the bill.
