
Paul Rath
4.3K posts







🇮🇷🇺🇸 Ceasefire between Iran and the US officially over. The US is running its KC refueling fleets over the Persian Gulf and UAE simultaneously. The war is back on. UAE has been hit by Iran.


The Latin Mass is beautiful


This is why I quit the Reagan Administration in July 1985. The supply-side charlatans were wrong then, and have been consistently, dangerously and risibly wrong ever since. You do not grow your way out of massive debt......you budget cut your way out and let growth take care of itself. If you get some extra growth from the 1.8% real GDP trend of the last several decades---it's a bonus contribution to living standards on main street and slightly less mountainous debt in Washington.















🇺🇸 U.S. Oil & Gas: The U.S. sits on 46 billion barrels of proved crude oil reserves, with 60% of that locked in dense underground rock. The Permian Basin, which stretches across West Texas and southeastern New Mexico, pumps out 6.6 million barrels a day on its own, more than every OPEC country except Saudi Arabia. The U.S. is the single largest oil producer on the planet at 13.6 million barrels a day, out-producing both Russia (9.1M) and Saudi Arabia (9.3M). On natural gas, it isn't close: America produced a record 43.2 trillion cubic feet in 2025, roughly a quarter of the world's supply and more than Russia and Iran combined. The U.S. sits on world-class reserves and out-produces every petrostate.


As a small-business owner, wine importer Victor O. Schwartz has plenty of reasons to dislike the president’s policies. For almost 40 years, Schwartz has owned and operated VOS Selections, an importer and distributor of fine wines from 16 countries. Tariffs on wine have frustrated his industry since 2018, making the already heavily taxed business of sourcing from small farms and importing bottles from abroad more expensive. When Trump’s second-term tariffs were first announced last April, it looked like an even worse disaster for American wine importers than the first term. But the tariffs were also when he realized, unlike so many frustrated by Trump, he had an opportunity to do something. The weekend after the announcement of the tax on imports, a relative mentioned that their law professor, Ilya Somin, had put out a call for plaintiffs to challenge the tariffs. Somin a ragtag crew of small businesses who wanted to file a case against the administration: a tackle store on Lake Erie in Pennsylvania, a pipe manufacturer in Utah, a women’s cycling brand in Vermont, the maker of a banana-shaped synth in Virginia, and, eventually, Victor Schwartz and his wine-importing business. Within a few days, Somin, together with attorneys from the Liberty Justice Center, asked Schwartz to be the lead plaintiff. Read more from Matt Stieb’s conversation with Schwartz about how he and his fellow plaintiffs overturned Trump’s tariffs and earned a $166 billion refund: nymag.visitlink.me/tfzyVs




New York will become worse than London and Paris.













