June 30
Month-end and quarter-end
S&P Oil FX Gold 10Y BTC CLZ6
S&P is up 0.69%. Nasdaq On Track to Wrap Quarter With 20% Gain | 12:07
Oil is down 1.24%
Gold is up $10
Dollar index is up 0.12%
Trump Loses Birthright Citizenship Case 6-3, Barrett and Kavanaugh in Majority | Mish
Children born to women illegally or temporarily in the country “are citizens at birth.”
Supreme Court: Schools Can Determine Eligibility for Sports Based on Biological Sex | Legal
AAA gasoline is $3.847 vs $4.356 a month ago
Expectations for a firm jobs report on Thursday (110k-115k increase in nonfarm payrolls)
Market Forecasts a 70.4 Percent Chance of a Fed Rate Hike Before the Election | Mish
Trump would scream if this happens.
And a lot to say about yesterday’s SCOTUS decisions
It’s mind boggling that having secure elections is not the #1 priority | Insta
A pair of decisions bounding the President's power to fire agency heads | MTick
Obama's appointees literally and publicly claimed to be "the Resistance" to Trump's Administration when Hillary lost and the same thing happened here in this instance -- open defiance and indeed what under any civilian firm would be considered gross insubordination -- a clear offense for which one can be fired for cause and you are not entitled to "due process" if and when you commit said act.
The Democrats *are* the DSA - captured by a revolutionary cadre | Tribe
The reflex everywhere is to democratize the party further: open primaries, more direct say, fewer bosses. I think that’s exactly backwards. A party’s biggest power is choosing its candidates, and open primaries hand that choice to a small, intense, activist electorate, which makes the party weaker rather than more accountable.
The Democratic Civil War: the Organized Crime Democrats are Losing to the Bolsheviks
The Democratic Party has two main factions right now, which can conveniently be described as the Organized Crime Democrats, who view the government as primarily a vehicle to distribute resources and power to friends, allies, and clients who can be counted on to return their largesse with reliable votes, and the Bolsheviks, who want to do all those things as well, but whose overriding goal is the destruction of the United States and Western Civilization and replace it with Third World communism.
USAID was just a Democrat slush fund they used to pay their activists, journalists and NGO workers | Insta
The thin-skinned Obama was the first communist president. | Surber
No one cared that he was black. What mattered was he was red.
The Trump administration has spoken with SpaceX about donating stock to the children’s savings accounts known as Trump Accounts that are expected to launch next week | Sema
Debt Rattle
* Florida will have a budget less than HALF the size of New York, despite being similar in population
* Trump doesn’t want to restart the bombing. Iran knowa it. And uses it.
* Jensen Huang says the next internet is not for humans. It is for agents.
Conservative estimates place shadow economy at approximately 5% to 7% of GDP
What is unfolding here is not an exception or a marginal practice. It is increasingly part of a parallel labor structure that has expanded quietly across the United States over the past decade. Construction crews, cleaning teams, delivery work, home repairs, informal logistics, and even digital freelance services now frequently operate through arrangements that sit partially or entirely outside official reporting systems. What was once considered temporary or informal has, in many regions, become a functional layer of economic survival.
The US Should Exit the UN
Severing all ties to the UN could require an act of Congress, but the US is moving in this direction. On February 4, 2025, Executive Order 14199 directed the US to withdraw from 31 UN organisations. A great deal hinges on how highly Rubio still prizes America’s permanent seat on the UN Security Council which comes with a veto.
Boeing and NASA are a disaster together
Boeing’s disastrous spacecraft is on hold until further notice, a major blunder marring NASA’s efforts to ensure regular access to space.
We legalized sports betting. Tens of millions are hooked. Now what?
America’s modern gambling boom really kicked off after the 2018 Supreme Court decision in Murphy v. NCAA overturned the federal ban on sports betting; since then, 39 states and D.C. have legalized the practice in some form.
What role does the Constitution play when one state has a different understanding of “American values” than another?
The Constitution does not give Congress or the federal government power to force Massachusetts to conform to “American values” on these issues, even though the values of Massachusetts on what they euphemistically call “care” are abhorrent to many Americans. Neither did the anti-slavery activists have a constitutional platform in 1837 to force South Carolina to comply with their values. As Calhoun repeatedly explained, the whole point of the Constitution is its role as a compact by which states with different values can co-exist peacefully in the same Union. The Constitution defends the rights of citizens by minimizing the power of the federal government and maximizing the sovereignty of the states.
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Email: wkidder42@gmail.com
Text: 1 646 257 2130
Voice: Use WhatsApp +1 646 257 2130 at 1:00 AM