Ronald Menich

* Full self-government by each State. * Peacefully dissolve the Federal Government. * Free banking, no Federal Reserve. * Implement LVT and citizens' dividend within each State.

Marco Rubio argues that "Operation Epic Fury is concluded" as the objectives were acheved. In reality, Iran won this war. There was no regime chenge, no nuclear deal, no limits of ballistic missiles and drones, no decoupling of ties between Iran and its regional allies, and the Strait of Hormuz is now under Iran's control. US bases in the region have been destroyed, the US alliance system has been weakened, and the petro-dollar will not recover. This epic failure was not just another failed regime change war, this will severely weaken the position of the US in the Middle East. All that was achieved was the murder of many Iranians and keeping the Epstein files out of the media.

The price of housing is not just “supply and demand” in the abstract. Land values capitalize everything around them: public transit, schools, jobs, infrastructure, zoning permissions, neighborhood amenities, safety, access to services, and the general economic activity of the city. But they also capitalize financial conditions. When credit is loose, rates are low, amortizations stretch, and lenders validate bigger bids, households can carry more debt. In a market with desirable locations, slow supply, and zoning scarcity, that extra purchasing power does not magically create enough homes. It gets bid into the price of land. That’s why you can oversupply shoebox condos and still have unaffordable housing. You can add units while the underlying locations remain scarce, desirable, and financially inflated. When land values are inflated, every new unit has to carry that inflated land cost. Developers pay more for sites, buyers borrow more to compete, rents rise to justify the price, and the whole system feeds back through household balance sheets. Taxing buildings can discourage construction. Taxing land value does the opposite. It pushes valuable locations into productive use, reduces the reward for speculation, and captures the public value that society created in the first place. The problem is not “we taxed housing.” The problem is that we let public value and private credit capitalize into land prices, then act surprised when housing becomes a debt machine.

Singapore is an economic miracle. Their visionary founding father understood that because land value is publicly created, it should be publicly shared. Tax land, instead of workers/businesses.

"We're like pirates"

LOL. We're blockading and boarding Iranian tankers --- an act or war --- but really it's over over there. How wish it were finished.

Annual reminder that every time we go to war we accuse the other side of having weaponized attack dolphins

Spirit Airlines died tonight at the hands of the socialist crusader, Elizabeth Warren She must be so proud to add another casket to her achievements. Tonight at 3am, Spirit turns off the lights. 14,000 jobs gone. 30+ smaller airports lose service. JetBlue offered $3.8 BILLION in cash to buy Spirit in 2022. Shareholders, flight attendants union, literally everyone voted yes. The combined company would have held 9% of the US market against a Big 4 that already owned 80%. For anyone who understands numbers: 9% isn’t a monopoly against 80%. Warren said no. She wrote letters. She pressured Buttigieg. Biden’s DOJ sued. A federal judge killed the deal in January 2024. Her argument: the merger would cost consumers $1 billion a year. Now look at her collateral damage she dusts under the rug. 510 pilots gone in the months after. 1,800 flight attendants furloughed in December. 14,000 jobs in 2023. 7,500 last week. Zero tonight. And that’s just the people in Spirit uniforms. Catering goes. Fuel guys go. Baggage crews, gate agents, airport coffee shops, hotels and rental cars in 70 cities Spirit flew to. Every airline job carries 3 more on its back. 40,000 people out of work because of one woman’s moronic crusade against the market. And the math ain’t mathing. Spirit abandoned 90 routes during the death spiral. Fares on those routes are up 14% on average. Oakland to Newark: $135 to $288. Fort Myers to San Juan: $92 to $219. Kansas City to Newark up 66%. That’s reality. Not some BS number from a “study.” So @SenWarren tell me how this saves the consumer money? Cheap carriers in a market drop fares 21% across the board. Southwest did this in the 90s and saved Americans $68 BILLION over 20 years. Warren killed it. That’s what moronic politicians led by socialism do. Then with her own blind arrogance, she tweeted Spirit’s collapse is “a Biden win for flyers.” A win. 14,000 people are reading termination letters tonight. And she’s taking credit. This is socialism in 2026. A senator who’s never made payroll thinks she knows how to run a market better than the people who own and work in the company. She saved you a billion on imaginary paper. She cost you ten times that in real life. She didn’t protect consumers from anything. 14,000+ will go from working to welfare. She will make sure to blame billionaires, hardworking tax payers, AI, capitalism and whatever monster they will make up tomorrow hiding under your bed. Higher taxes. Fewer jobs. More expensive everything. She called it a win. I hope you enjoy winning.

Not again

U.S. home prices have quadrupled since 1995, but it's not that homes got more expensive to build. It's that the LAND they sit on did. We tax buildings the same as land, so owners are rewarded for keeping lots empty and penalized for building homes. youtu.be/v8bvin28SbA

No Kings! Screw you, Charlie.

"Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind" - George Orwell

US Department of State says on its website the war was started at the request of Israel

NYC is proving that shoplifting is a simple repeat-offender problem. And an easily solvable one. Shoplifting increased 64% from 2019 to 2023. It was the same 300 people committing a third of the shoplifting in the city. But only a small portion of retail complaints led to arrests, so retailers stopped calling police and just put their deodorant behind plexiglass, or have you press a button and wait four minutes to buy toothpaste. It's been stupid. Now the city and state are going after those repeat offenders with a few key tactics: 1) The state now lets prosecutors aggregate thefts across incidents, so five $200 shoplifts from the same Rite Aid becomes a serious felony, not misdemeanor slaps. 2) NYPD started banning serial shoplifters from stores with trespass affidavits so they prosecutors can stack charges when they came back 3) NYPD used data to put foot patrols in commercial corridors and officers at subway stops shoplifters used as escape routes. 4) NYPD encouraged retailers to call them about the thieves who show up everyday to steal small stuff, and then they followed through with arrests. Thanks to these measures, retail theft is down 20% in the first quarter of 2026, with double-digit declines in every borough. And the recidivism rate dropped from 20% to 13%. The NYC economy was hemorrhaging $4.4 billion a year to shoplifting. They're now reversing it pretty cheaply, just by tracking repeat offenders, arresting them, and upgrading their charges to make it easier for prosecutors to punish them.

@elonmusk And how many Ukrainians have died?

Yes

Ending the Occupational Licensing Racket marginalrevolution.com/marginalrevolu…

Woohoo!

Yay!

Canada needs more leaders who understand that taxing land is more fair and effective than taxing jobs or homes.

@jdcmedlock Yes, Franklin went even further on the subject of taxation.

A corollary is that R1 zoning is evil.

If there are no suffocating regulations, then entrepreneurs can easily start businesses in densely populated areas, because there's a lot of foot traffic to bring customers in the door. Density enables flourishing. Cities are economic engines.