Notes in the Margin

Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials. 

The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said.

Napolitano: "The Trump administration has claimed that it can kill whomever it designates as an unlawful enemy combatant. The evidence is this: "trust me, bro."

One area would be controlled by Hamas and the other controlled by the Israeli military.

The rollback of U.S. meddling in "promoting democracy" is perhaps the most positive foreign-policy reform of the Trump presidency. Column by James Bovard.

The obsession with measuring aggregate GDP obscures how the real standard of living for many people has declined. 

Ridiculously, Treasury Sec Bessent said in a television interview earlier this month that the peso was “undervalued” and he intended to “buy low and sell high.”

The CIA’s efforts to foment a coup have already failed once. Will Trump try it again? 

More inflation coming: the Fed will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll.

The US military has been drawing up plans to launch strikes on Venezuela and potentially capture strategic ports and airfields on the path to a full-blown war.