Friends, today, (former) Prince Andrew was arrested, basically for allegedly sharing confidential government files with Jeffrey Epstein. Well, I for one am quite tired of the Epstein pile-on, particularly as it affects, uhh, Mr. Windsor. The man has been quite comprehensively ruined already. It is more than a little ironic that the chief victim of the mass release of the "Epstein Files", demanded by Democrats, wasn't Donald Trump, as intended, but a member of the royal family. And how many leading politicians, in Britain and the U.S., would be guilty of the same offense, I wonder: sharing privileged information with cronies? I shudder to think! Andrew is a fall guy extraordinaire, if you ask me, and it ill becomes the political elite to revel in his humiliation.
https://www.bbc.com/news/articles/cx28yel4811o
In other news, a vast collection of U.S. military assets, including two aircraft carriers, is now present in or near the Persian Gulf, or soon will be. Iran is the obvious target, but the purpose of any potential strikes is unclear. Are we trying to force Iran to abandon its nuclear program, or are we trying to force the Iranian leadership to abandon the country and concede power to the people? Those are two very different objectives, and if we're not very careful we may fall short in both respects.
https://www.bbc.com/news/articles/c1d64p3q2d0o
Finally, we got word today that the total U.S. trade deficit for 2025 was down on 2024, but by a miniscule amount. That seems surprising, given that we were told that Trump's tariffs would devastate our trading relationships, and no one would want to do business with us. So much for that prediction! On the other hand, you could say that tariffs have been a bit of a disappointment, because we were hoping to radically restructure our trading relationships and reduce our dependence on imports, but by and large that hasn't happened. My conclusion is that tariffs are working, but not enough. Maybe we need to increase them?









